News Updates, 4/22

Bishop D'Arcy: Statement To The Faithful (re: Notre Dame & Fr. Jenkins)
...I consider it now settled – that the USCCB document, Catholics in Public Life, does indeed apply in this matter...The failure to consult the local bishop who, whatever his unworthiness, is the teacher and law-giver in the diocese, is a serious mistake. Proper consultation could have prevented an action, which has caused such painful division between Notre Dame and many bishops, and a large number of the faithful....That division must be addressed through prayer and action, and I pledge to work with Father Jenkins and all at Notre Dame to heal the terrible breach, which has taken place between Notre Dame and the Church. It cannot be allowed to continue....

Pope would have resigned if captured by Nazis
Pope Pius XII, who led the Roman Catholic Church during the Second World War, told leading bishops that if he was ever captured by the Nazis his resignation would take immediate effect and that the Church leadership would move to another country.

Vatican objects to Iranian remarks on Israel
Says Ahmadinejad's stance is 'extremist and unacceptable'

Drug cartels keep Catholic officials in fear
Bishop accuses Mexican gov't of ignoring the situation

Ex-priest accuses another of sex abuse as teen
Church officials allegedly told accuser to leave state

Ron Howard: Catholics will enjoy Angels & Demons
Director claims Da Vinci Code prequel not offensive

Saginaw's bishop named Archbishop of St. Louis
Robert J. Carlson will succeed Archbishop Raymond Burke

Georgetown to honor pro-abortion Vice President
Law Center bestowing 'Hero' award on Joseph Biden

Pope selects NY bishop to head Syracuse diocese
Robert J. Cunningham to succeed Bishop James Moynihan

Long-time Newark priest fights retirement
Pastor heads 'an enduring fortress of tradition'

Half of new priests discouraged against seminary
According to survey conducted for U.S. bishops

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Other News
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Freddie Mac Chief Commits Suicide

Global debt writedowns may reach $4.1 trillion-IMF
Global write-downs of toxic debt among banks and financial institutions in the United States, Europe and Japan could reach $4.1 trillion, the International Monetary Fund said on Tuesday.

Japan's trade surplus dives 99% in March as exports plunge
[Did MSM report on this?]

Yahoo to slash workforce as sales drop
Internet search company Yahoo Inc. announced Tuesday that it would slash 5 percent of its workforce, as it reported a first-quarter profit that fell sharply from a year earlier but still managed to beat Wall Street's forecasts.

Treasury weighs new mortgage subsidies
The Treasury Department is considering giving banks and investors billions of dollars in fresh incentives to modify troubled mortgages and save homeowners from foreclosure...

White House spurns Chrysler lenders' plan
Administration official says proposal to write off only 35% of $7 billion they are owed by the automaker in exchange for stock is not in the national interest
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Some claim that there is a light at the end of the financial trouble tunnel - However, others advise getting OFF the tracks and out of the way because it's a speeding train looking for a place to CRASH...

Pray for those who are making the disastrous decisions which are destined to ruin this country and pray for those who are suffering at the hands of those who are causing or prolonging this disaster.

The Federal Reserve: Promoting Fraud since 1913.