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...week is sure to be volatile, even as our captains of industry try their best to keep the faith. The CEOs of Bank of America and Merrill Lynch held a joint press conference to discuss in upbeat tones B of A's planned takeover of Merrill, while Treasury Secretary Hank Paulson held a press conference to tell Americans they should remain confident in the "soundness and resilience in the American financial system...

Author: /time Magazine | Title: Wall Street Feels the Shock Waves: Bad But No Chaos | 9/15/2008 | See Source »

While he accepted Bishop Saltarelli's directive, Biden can be feisty about defending his Catholic faith. At one 2005 political event, he memorably vowed that "the next Republican that tells me I'm not religious, I'm going to shove my rosary down their throat." That spirit, along with his Scranton roots, could attract him more sympathy from fellow Catholics when criticized by church leaders. "His blue-collar background may inoculate him in ways that it couldn't for John Kerry," says Bill Roth, president of the Catholic Democrats...

Author: /time Magazine | Title: Does Biden Have a Catholic Problem? | 9/13/2008 | See Source »

...Meet the Press, moderator Tom Brokaw asked Biden to answer the question "When does life begin?" From a Catholic standpoint, the Democratic candidate started off well, telling Brokaw, "As a Roman Catholic, I'm prepared to accept the teachings of my church - I'm prepared as a matter of faith to accept that life begins at the moment of conception...

Author: /time Magazine | Title: Does Biden Have a Catholic Problem? | 9/13/2008 | See Source »

Chris Korzen of Catholics United agrees that the Democratic forays into theology have not helped their cause. "There's a legitimate conversation to be had about how best to translate the teachings of the Catholic faith into public policy," he says. "But as far as the Church is concerned, doctrine is off-limits. When public officials make those comments, of course the bishops need to correct that error...

Author: /time Magazine | Title: Does Biden Have a Catholic Problem? | 9/13/2008 | See Source »

...Optimists like Kouakou, and Cardinal Vingt-Trois, may see another hopeful seed in the arrival in the Enlightenment's birthplace of the Enlightenment of a Pope committed to reconciling faith and reason. Others may say the funeral on French Catholicism has already begun...

Author: /time Magazine | Title: The Pope's Purpose in France | 9/11/2008 | See Source »

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