A good God in a world with evil. Is that possible?

Another challenging question for us to ponder is, is God good? This part of the post assumes we have answered the question of God's existence.  And move on to the question of His goodness and power because we find evil in this world.  The challenge is to explain why evil happens both naturally and by human hands if there is an all-powerful good God.

How can a good all powerful and all-knowing God allow a natural disaster like a tornado to touch down and take the life of a one year old toddler.  Or why do bad things happen to good people?

If we assume that God created and set up natural laws should we then expect God to circumvent these natural laws anytime a thing that humanity considers to be bad is about to happen?  Would we then stop questioning God or would we need Him to intervene each time a rapist, pedophile, murder was doing what they do?  Would that be enough or would we want Him to tell us how to avoid cancer and other illnesses too?  Where would man need to have faith if we constantly saw God intervening in nature.  And how could we have free will and choice if all we ever saw was good and anytime we or anyone else were about to do evil acts God stopped it?

An interesting side note here is that we are dealing with a concept of evil.  Who defines evil and states what evil is, unless evil is the opposite of good?  Or is evil subject to individual beliefs?  This, of course, leads away from the assumption of a good God.  But I ask the question because I am not sure all my readers have assumed there is a good God.

The one who has not concluded that there is a good God has a hard time with logically calling something good or evil, right or wrong.  Things are either preferred or not preferred for that individual.  Unless they come to the conclusions that the universe/multiverse made us with the ability to know good from evil, right from wrong.  But this scenario just makes the universe/multiverse the god who gives us morals.

What do you think?  Are you willing to challenge yourself, your own beliefs?  Or are you fearful that asking too many questions will lead to a radical shift in views?