WASHINGTON (CNS) -- Historian Douglas Astolfi points to three periods of "incredible greed" on the part of wealthy corporations in American history.
The first occurred in the 1870s during a speculative boom following the Civil War. He identifies the Roaring '20s as the second as investors leveraged stocks to secure loans from banks to buy more stocks while the stock market took off in the post-World War I period. (full story)
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Patriarchs invite synod members to Mideast to discover land of Bible
The patriarch of the Melkite Catholic Church, who lives in Syria, and the Latin-rite patriarch of Jerusalem invited members of the Synod of Bishops on the Bible to visit them and discover how living in the land of the Bible can make its words come alive.
Synod members say Bible experience must move from head to heart
Catholics need better formation in sacred Scripture but without putting so much emphasis on knowledge that the word of God is prevented from entering people's hearts, several members told the world Synod of Bishops.