NEWS

{mosimage}TORONTO - Who should Wall Street look to as a model for corporate leadership in this time of economic crisis? Warren Buffet? Bill Gates? Steve Job? Or what about St. Ignatius of Loyola?

For Chris Lowney, a one-time managing director of American financial giant J.P. Morgan, the 16th-century saint and founder of the Jesuits offers an example of what it takes to lead a modern business enterprise.

Archbishop calls Morgentaler award 'a sad moment in Canadian history'

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{mosimage}TORONTO - As Dr. Henry Morgentaler receives his Order of Canada medal from Governor General Michaëlle Jean in Quebec City, Toronto's Archbishop Thomas Collins is urging all Catholics to pray the Sunday before Thanksgiving Day for women who face crisis pregnancies and for those who advocate for abortion as a right.

Collins calls the award to Morgentaler "a sad moment in Canadian history."

Chief rabbi seeks Catholic help to protect Israel

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{mosimage}VATICAN CITY - Israeli Rabbi Shear-Yashuv Cohen, the chief rabbi of Haifa, asked Pope Benedict XVI and top Catholic leaders to continue learning to appreciate the Jewish people and to speak out to defend Israel.

“I thank God who has kept us alive to be together and work for a future of peace and co-existence the world over,” the 80-year-old rabbi told the world Synod of Bishops on the Bible.

Pro-life leaders sour on Harper

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{mosimage}OTTAWA - Though Conservative Leader Stephen Harper faced hidden agenda charges during the election campaign, pro-life voters have grown increasingly disappointed that he has none.

So disappointed Catholic Insight magazine editor Fr. Alphonse de Valk called for Harper’s defeat in his Calgary Southwest riding.

Synod seeks to help Catholics read Bible

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{mosimage}VATICAN CITY - As children of God and brothers and sisters of Jesus, Christians must learn how to listen to what God is saying to them today in the Scriptures, said Cardinal Marc Ouellet of Quebec.

The cardinal, recording secretary of the Oct. 5-26 world Synod of Bishops on “The Word of God in the Life and Mission of the Church,” outlined the main themes for the synod’s debate during an Oct. 6 speech in Latin.

Pope explains history, importance of synod meetings

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{mosimage}VATICAN CITY - At the beginning of the world Synod of Bishops on the Bible, Pope Benedict XVI explained why he thinks such meetings are important.

He did it in typical Benedict style — reviewing a bit of church history and explaining the roots of the Greek word "synodos" to pilgrims gathered in St. Peter's Square.

It's not just about us

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The Canadian Catholic Organization for Development and Peace doesn't think the Canadian election is just about Canada. For the development arm of the Canadian bishops, this election is also about Canada's obligations to the rest of the world. Development and Peace executive director Michael Casey has sent this open letter to candidates and media outlets across the country:

Free reign to market forces causes collapse

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{mosimage}TORONTO - The Wall Street crisis is a story of how the privileged few took advantage of the middle class and the poor, and how the U.S. government failed its citizens, said anti-globalization activist Naomi Klein on the day the Bush administration’s $700-billion bailout plan failed to pass in Congress.

The U.S. House of Representatives could not agree on the plan, resulting in the bill’s failure on Sept. 29.

Trust factor lacking for Wall St. bailout

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{mosimage}WASHINGTON - To those entrusted with husbanding the financial portfolios of Catholic foundations and institutions, the Sept. 29 rejection by the U.S. House of a $700-billion package to shore up the nation’s financial systems posed new concerns about the economy and those charged with overseeing it.

“The government is saying, ‘Trust us,’ ” said Frank Rauscher, the senior principal at Aquinas Associates in Dallas, but “there’s no fundamental basis as to why anybody should.”

Poverty gets a hearing in Ottawa debate

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OTTAWA — People who think poverty is an election issue are getting their chance with a five party debate in Ottawa Oct. 6.

Poverty cuts recommend by 4 of 5 Canadian leaders

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{mosimage}TORONTO - The Make Poverty History coalition of more than 1,000 individuals, churches, unions and organizations complains that the Conservative Party is missing in action on poverty issues.

Make Poverty History managed to get four of the five national party leaders to answer specific questions on poverty reduction leading up to the Oct. 14 federal election. The video of those interviews is available at www.makepovertyhistory.ca/ontherecord .