For decades this central Indian city was vintage old India: crumbling Mughal-era ruins and ancient Buddhist caves surrounded by endless parched acres from which farmers coaxed cotton.

But this month Aurangabad became an emblem of an altogether different India: the booming, increasingly urbanized economic powerhouse filled with ambition and a new desire to flaunt its wealth.

A group of more than 150 local businessmen decided to buy, en masse, a Mercedes-Benz car each, spending nearly $15 million in a single day and putting this small but thriving city on the map. Frustrated that the usual Chamber of Commerce brochures were slow to attract new investment, the businessmen decided to buy the cars as a stunt intended to stimulate investment in Aurangabad, one of several largely unknown but thriving urban centers across India’s more prosperous states.

“In and around Aurangabad there are companies worth a thousand crores,” an amount of Indian rupees equivalent to about $225 million, said Sachin Nagouri, 40, a hyperkinetic local real estate mogul who came up with the idea. “But Aurangabad is not known even in this state. There is plenty of money here. We just need to show it.”

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”˜Human beings are hard-wired for divinity,” says the Rev. Dr. Cynthia Bourgeault, ordained Episcopal priest, author and a leader in the movement to restore contemplation and Mary Magdalene to the Western Christian tradition.

Bourgeault advocates the “wisdom way of knowing,” a connection to divinity. She has established a center in Aspen, Colo., called the Wisdom School.

She comes to the Montreat Conference Center on Wednesday to speak in Convocation Hall.

Bourgeault’s latest book, “The Meaning of Mary Magdalene: Discovering the Woman in the Heart of Christianity,” reveals the amount of thought that goes into choosing a word such as “wisdom.”

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The 10,664 windows did not get washed this year at the Crystal Cathedral, the iconic glass church founded by the Rev. Robert H. Schuller, one of the original religious broadcasters. Volunteers are tending the church’s 40 landscaped acres, now that the gardeners have been laid off. And its renowned Christmas pageant ”” with live camels and horses, and angels flying overhead on cables ”” has been canceled for now.

The empire that Mr. Schuller built may be in jeopardy, tarnished by an unseemly family feud and a $43 million debt that even by megachurch standards is serious.

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Even though there is nothing above on the screen if you click on play I assure you Chris Wright will appear–watch it all; KSH.

The Federal Reserve’s push toward easier monetary policy is the “wrong way” to stimulate growth and may amount to a manipulation of the dollar, German Economy Minister Rainer Bruederle said.

Fed Chairman Ben S. Bernanke yesterday gave Group of 20 finance ministers and central bankers meeting in Gyeongju, South Korea an overview of the U.S. central bank’s efforts to jumpstart the world’s largest economy. His strategy, which investors expect will soon include greater asset purchases, drew criticism at the talks, said Bruederle.

“It’s the wrong way to try to prevent or solve problems by adding more liquidity,” Bruederle told reporters yesterday, saying that emerging-market officials were among the critics. Bruederle, a member of the Free Democratic Party, the junior partner in Chancellor Angela Merkel’s government, stepped in for hospitalized Finance Minister Wolfgang Schaeuble at the meeting.

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A fourth lawsuit has been laid at the doorstep of Fort Worth Bishop Jack Iker by the loyalist faction in the diocese, claiming he has violated the trademark of a Fort Worth congregation for his personal enrichment and to deceive the local citizenry.

On Oct 18, the diocese reported that All Saints Episcopal Church, a congregation that had affiliated with the loyalist faction, had filed a lawsuit against Bishop Iker in the US Federal Court for the Northern District of Texas alleging the misappropriation of the parish’s name and reputation for his own personal ends.

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Pity the ambitious women priests of the Church of England. Every time they take another step towards becoming bishops, their opponents seem to trip them up.

Earlier this year, the General Synod agreed in principle to ordain women bishops, and aspiring lady bishops in the C of E must have thought that their time had come at last. This week, however, it has emerged that a new alliance of evangelicals and traditionalists believes they can still stop women from exercising episcopal authority. They claim that last week’s Synod elections have given them sufficient blocking power within the Church of England’s governing body. Whether they are right remains to be seen.

What is certain, however, is that the squabbles over women clergy are far from over. The evangelicals and the traditionalists now have an urgent motivation to keep as many like-minded believers as possible within their Communion, what with the Vatican’s latest efforts to woo disgruntled Anglicans beginning to bear fruit. This week, Bishop John Broadbent of Fulham announced that he would be crossing the Tiber, and many others are expected to follow. The already fissiparous Church of England is beginning to tear itself apart.

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Ever since Martin Luther Christians have been calling for new reformations, with varied levels of seriousness. (In 1982 Robert Schuller published Self-Esteem: The New Reformation.) However, Chris Wright’s call on Saturday morning of the Cape Town 2010 congress had a note of unusual authenticity. His address was followed by Femi Adeleye’s take-no-prisoners talk on prosperity teaching, which he labeled “another gospel.” More to the point, much of Saturday was devoted to repentance and prayer, as participants were asked to reflect deeply on their lack of humility, integrity and simplicity.

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At the evening session, the Rev. Gideon Para-Mallam of Nigeria, the international deputy director for English, Portuguese and Spanish-speaking Africa, told Western Christian leaders at the conference to stand up and Africans to applaud them for the sacrifices of Western missionaries in bringing the Gospel to the continent.

“As a result of their obedience, God has been at work in Africa,” said Para-Mallam. “Africa has moved from a missionary-receiving continent in 1910 to now [in] 2010 a missionary-sending continent. Missionaries will be leaving Africa to Europe, from Africa to the United States of America, from Africa to all over the world.”

“The church in Africa is the church of the future,” he declared.

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Moving to shore up the “fragile and uneven” recovery, officials from the world’s 20 biggest economies promised Saturday to refrain from weakening their currencies, agreeing to let the markets exert more influence in setting foreign exchange rates.

The officials also decided to give fast-growing countries a greater say at the International Monetary Fund, which monitors nations’ fiscal and monetary policies, an acknowledgment that the fund’s credibility required more representation from these nations. They also strengthened the I.M.F.’s role in assessing whether G-20 members were meeting their commitments.

The finance ministers and central bankers were at a two-day meeting in Gyeongju, South Korea, and their actions represented another step in the effort to bridge the diverging priorities of the leading economies and ease the strain of simmering disputes.

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Like everyone else, I’d been reading with amazement the stories about one of those legal problems: the robo-signing scandal that has ensnared all the banks with mortgage servicing subsidiaries, Bank of America included. That’s the scandal in which a tiny handful of employees had signed ”” or allowed others to forge their signatures ”” on thousands of affidavits confirming that the banks had the legal right to foreclose on properties they serviced. In truth, they had often never seen the documents proving the bank had that legal right. In some cases, the documents didn’t even exist. As a result of the mounting publicity, many big banks had halted all foreclosures while they reviewed the legality of their affidavits.

Mr. Moynihan said that, at Bank of America, at least, the foreclosure halt in 23 states that require judicial proceedings was over. It had reviewed some 102,000 affidavits and ”” guess what? ”” no big problem! “The teams reviewing data have not found information which was inaccurate” or that would change the plain facts of foreclosure ”” namely that the homeowners it wanted to foreclose on were in serious arrears.

Thus the bank’s central position is that, since it is so doggone obvious that the homeowners can’t pay their mortgages, the fact that the affidavits might not have complied with the law shouldn’t cause anyone to break into a sweat. At one point Mr. Noski actually said, “I think it’s a big issue because people are losing homes. It’s not a big issue” for the servicers. Glad he cleared that up.

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There was resounding applause today as Chris Wright issued an unequivocal call for a second reformation in the world church.

Addressing the Third Lausanne Congress on world evangelisation today, the renowned theologian said Christians had lost their integrity and succumbed to the idolatry of power and pride, popularity and success, and wealth and greed.

“What do you think is the greatest obstacle to God’s desire for the evangelisation of the world? It’s not other religions. It’s not persecution. It’s not resistant cultures.

“The greatest problem for God in his redemptive mission for the world is his own people.

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