The Roman Catholic Church is about to buy a beacon of Protestant televangelism.

The Crystal Cathedral, a temple of glass in Garden Grove, Calif., will be sold to the Catholic Church for $57 million ”” a decision that left some congregants furious and their future up in the air.

When the Crystal Cathedral declared bankruptcy last year, it soon became clear that the legendary building would have to be sold. There were several offers, but in the end, the church’s board favored the Catholic diocese in Orange County.

Sheila Schuller Coleman, the cathedral’s pastor, said in a videotaped message that it was the best way to save the church.

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When the tech firm Yipit moved last month from General Assembly, a communal office campus on 20th Street and Broadway, to its own loft space on 18th Street and Fifth Avenue, its 14 employees simply grabbed their coffee cups and MacBook Airs and did the job on foot.

Arriving at their new home, they milled about, admiring the water-cooler, and the breath mints in the bathroom, and then got down to work, requiring no more than a power source and a pass code for the Wi-Fi. By the time the two guys from Moishe’s Moving Company arrived with a half-dozen boxes of office sundries, Yipit was back in business. There had already been a staff meeting, conducted while a handyman knelt in the rec room setting up a Ping-Pong table. All told, the move took about 10 minutes.

With a recent $6 million Series-B (or second round) financing deal, and plans to double its workforce in a year, Yipit sits in the mid-to-low range of New York’s thriving tech spectrum, below the behemoths, like AOL and Twitter, and the happily mid-sized, like Foursquare and Gilt Groupe, but above the sort of start-ups that had been their neighbors at General Assembly’s shared tables.

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Conceding that talks on a grand budget deal are near failure, Congressional leaders on Sunday pointed fingers at each other as they tried to deflect blame for their inability to figure out a way to lower the federal deficit without having to rely on automated cuts.

The testy exchanges ”” which dominated the Sunday talk shows ”” made clear that leaders in both parties now see the so-called sequester ”” a term meaning an automatic spending cut ”” as the most likely solution to reduce the federal deficit by $1.2 trillion over 10 years, instead of a negotiated package of spending reductions and tax increases, something they have been unable to achieve over the last 10 weeks.

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Their letter to the Observer begins this way:

The introduction of a cap on benefits, as suggested in the Welfare Reform Bill, could push some of the most vulnerable children in the country into severe poverty. While 70,000 adults are likely to be affected by the cap, the Children’s Society has found that it is going to cut support for an estimated 210,000 children, leaving as many as 80,000 homeless. The Church of England has a commitment and moral obligation to speak up for those who have no voice. As such, we feel compelled to speak for children who might be faced with severe poverty and potentially homelessness, as a result of the choices or circumstances of their parents. Such an impact is profoundly unjust.

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They drive cars, but seldom new ones. They earn paychecks, but not big ones. Many own homes. Most pay taxes. Half are married, and nearly half live in the suburbs. None are poor, but many describe themselves as barely scraping by.

Down but not quite out, these Americans form a diverse group sometimes called “near poor” and sometimes simply overlooked ”” and a new count suggests they are far more numerous than previously understood.

When the Census Bureau this month released a new measure of poverty, meant to better count disposable income, it began altering the portrait of national need. Perhaps the most startling differences between the old measure and the new involves data the government has not yet published, showing 51 million people with incomes less than 50 percent above the poverty line. That number of Americans is 76 percent higher than the official account, published in September. All told, that places 100 million people ”” one in three Americans ”” either in poverty or in the fretful zone just above it.

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Land in some parts of Spain is literally worthless, said Fernando Rodriguez de Acuna Martinez, a consultant at Madrid- based adviser R.R. de Acuna & Asociados. More than a third of Spain’s land stock is in urban developments far from city centers. About 43% of unsold new homes are in these areas, known as ex-urbs, while 36% are in coastal locations built up during the real-estate boom.

“If you take into account population growth for these areas, there’s no demand for them, not now or in ten years,” he said. “Around 35% of Spain’s land stock is in the ex-urbs, which means it’s actually worth nothing.”

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Only the fiercely conservative stewards of the European Central Bank have the firepower to intervene aggressively in the markets with essentially unlimited resources. But the bank itself, and its most important member state, Germany, have steadfastly resisted letting it take up the mantle of lender of last resort.

European politicians and analysts say that unbending stance now threatens the survival of the euro and the broader integration of Europe itself.
“There is no solution to the crisis without the E.C.B.,” said Charles Wyplosz, a professor at the Graduate Institute in Geneva and co-author of a standard textbook on European integration. “The amounts we are talking about are too big for anybody but the E.C.B.”

At issue is whether the bank has the will ”” or the legal foundation ”” to become a European version of the Federal Reserve in the United States, with a license to print money in whatever quantity it considers necessary to ensure the smooth functioning of markets and, if needed, to essentially bail out countries that are members of the euro zone.

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Critics say Germany is falling between two stools. It has backed EMU rescues on a sufficient scale to endanger its own credit-worthiness, without committing the nuclear firepower needed to restore confidence and eliminate default risk in Spain and Italy. It would be hard to devise a more destructive policy.

There is no change in sight yet. Chancellor Angela Merkel repeated on Thursday that Germany would not accept joint EU debt issuance or a bond-buying blitz by the ECB. “If politicians think the ECB can solve the euro’s problems, they’re trying to convince themselves of something that won’t happen,” she said.

Yet she offered no other way out of the logjam, and each day Germany is sinking a little deeper into the morass.

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Occupy Toronto protesters cannot use the city’s landmark cathedral to evade eviction if the courts rule they have to leave the park they took over more than a month ago, the Anglican dean of Toronto said Thursday.

Rev. Douglas Stoute said the church owns some of the land adjacent to the majestic St. James Cathedral, but the city owns the rest and runs park as a “seamless garment.”

“We have no authority to allow them to stay here or not,” Stoute said of the protesters.

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European banks, increasingly concerned about their ability to access funding, are devising complex and potentially risky new deals that enable them to continue borrowing from the European Central Bank.

The banks’ moves, which include behind-the-scenes swapping of assets among financial institutions, could heighten risk across Europe’s already fragile financial system, say some senior industry officials and regulators.

They also are a sign that struggling banks across Europe are preparing for a period of prolonged reliance on financial lifelines from the ECB. The Continent’s intensifying financial crisis has made it difficult for many banks to obtain funding from customary market sources.

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Fixing a painful toothache isn’t in the budget of Brandon Crew, a 24-year-old maintenance worker and father to be.

Neither is food.

Earning $300 per week working at a local hotel, Crew said he and his girlfriend are barely “scraping by….”

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Every year, young adults leave the nest, couples divorce, foreigners immigrate and roommates separate, all helping drive economic growth when they furnish and refurbish their new homes. Under normal circumstances, each time a household is formed it adds about $145,000 to output that year as the spending ripples through the economy, estimates Mark Zandi, chief economist at Moody’s Analytics.

But with the poor job market and uncertain recovery, hundreds of thousands of Americans like Ms. [Hollis] Romanelli (and her boyfriend, who also lives with his parents) have tabled their moves. Even before the recession began, young people were leaving home later; now the bad economy has tethered them there indefinitely. Last year, just 950,000 new households were created. By comparison, about 1.3 million new households were formed in 2007, the year the recession began, according to Mr. Zandi. Ms. Romanelli, who lives in the room where she grew up in Branford, Conn., said, “I don’t really have much of a choice,” adding, “I don’t have the means to move out.”

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Occupiers’ primary outrage seems to be against poor stewardship. They use the language of “increasing inequality,” but more precisely they may object to the unreliable correlation between productivity and compensation. Few resented Steve Jobs his wealth, given the value created by Apple, but who does not resent golden parachutes paid out to senior executives of unprofitable, much less failed, companies? Occupiers will garner powerful and unexpected allies ”” big shareholders, hedge funds, and activist investors ”” if they use this language of just stewardship rather than a resentful Robin Hood rhetoric.

In trying to uncover the causes of today’s crisis, occupiers would also do well to apply their axe to the roots of the problem, which an even cursory study of economic history would reveal is hardly the prominent branch of banker malevolence. During the last Great Depression, people and governments wanted to consume more and grow faster than their productivity allowed. If you are unwilling to accept the financial limits of your own productivity, you borrow. But from whom? Contrary to populist belief, the private sector is not generally eager to lend to parties lacking income, assets or collateral. Consequently, ever since Franklin D. Roosevelt created “government sponsored entities” (like Fannie Mae), GSEs and their ballooning balance sheets have encouraged new loans to parties the “greedy banks” would not generally have lent to of their own volition. These GSEs promise to buy much of the debt generated by politically evocative but generally not creditworthy groups ”” veterans, students, low-income and first-time homebuyers, farmers in a rapidly industrializing economy. While a case can certainly be made for using government to encourage constructive behavior or to help disadvantaged groups, there are ways to do this without so profoundly distorting the economy.

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Twenty-five years ago, as the U.S. faced an economic crisis and a fierce debate over cutting taxes for the wealthy and limiting benefits for the poor, Catholic bishops issued a landmark statement on social justice that became the touchstone for religious opposition to “trickle down” economics.

This week, as America faces even worse economic circumstances and engages in the same fierce debate over budget priorities, the bishops gathered here for their annual meeting focused on a handful of internal matters and geared up for fights against gay marriage and abortion.

The bishops did not take note of the document’s anniversary””or its core teachings. That shift has dismayed those who believe that this is a moment for the hierarchy to announce the church’s views on the economy with the same vigor that it promotes other causes.

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There can be little doubt that capitalism is a productive way to order economic life. But we need to remember, as the protestors have reminded us, that that is all that it is — an economic system based on the entirely reasonable propositions that capital has value, and that supply and demand are the most efficient way to set prices. Capitalism is of no help at all in determining what is morally good — that is something that must instead be determined by the community’s wider values.

And there should be no question that when an economic system fails to reflect those communal values, it should be modified and governed until it does. To say, as some do, that any attempt to control or guide our economic system is neither wise nor possible is to admit that an economic system has decisive control of our lives. For a Christian, such an admission would be nothing less than to yield to idolatry. (Though I do not claim deep knowledge of other religious traditions, I suspect that this is true for them as well.) God alone is the One, and the only One, to whom we can concede such ultimate authority. For the non-theist to make the argument that the laws of economics are immutable is to concede that we have no power of ourselves to help ourselves. That is the same argument that those in the grip of various kinds of addiction make: “I am not in control, my addiction made me do it.”

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As stores up the ante with earlier holiday hours that creep into Thanksgiving night, Black Friday is turning into Black Thursday, and some shoppers and employees aren’t happy about it.

ӢToys R Us said Monday it will open at 9 p.m. on Thanksgiving, an hour earlier than last year.
”¢Walmart will open at 10 p.m., two hours ahead of last year’s midnight opening.
”¢Other stores — including Target, Macy’s, Best Buy and Kohl’s — will open at midnight.

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As Barack Obama battled Hillary Rodham Clinton over health care during the Democratic presidential primaries of 2008, he was adamant about one thing: Americans, he insisted, should not be required to buy health insurance.

“If things were that easy,” Mr. Obama told the talk show host Ellen DeGeneres in February of that year, “I could mandate everybody to buy a house, and that would solve the problem of homelessness. It doesn’t.”

Now President Obama may wish he had stuck to those words. On Monday, the Supreme Court agreed to take up a constitutional challenge to his landmark health care bill, and a decision could come in the midst of Mr. Obama’s 2012 re-election campaign.

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My husband and my marriage are not prizes, lottery tickets or possessions. I did not win or purchase him in the marketplace of courtship. She did not lose in the marketplace of life. I didn’t bargain with marriage for my career; she didn’t trade in anything. We use these metaphors all the time as if they don’t have power, yet we forget that we are talking about are humans. “Dating and mating” is only a marketplace if we consent to being commodities.

To think outside the marketplace is tricky in our society….

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The Most Rev David Chillingworth, Bishop of St Andrews, Dunkeld & Dunblane and Primus of the Scottish Episcopal Church and the Very Rev Dr John Armes, Rector of St John’s Episcopal Church, Princes Street and Dean of Edinburgh met yesterday with members of Occupy Edinburgh in St Andrews Square.

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I am the first to admit that I am a bit cynical about shopping in general and malls in particular. For the most part, I simply don’t like buying stuff, and I have no knack for it, even when purchasing gifts. I have had to work my way up from giving well-intentioned presents of fluorescent lightbulbs, which went over about as well as if I had wrapped up a toilet plunger for my wife.

I marvel, then, as the Christmas shopping season begins, at how our culture has managed to make such an ideal out of emptying our bank accounts and filling our homes””and eventually a landfill””with things we mostly do not need. As Colin Beavan, the author of No Impact Man, points out in his reflections on his family’s year-long experiment in radical urban environmentalism, the consumption habit not only wrecks the planet and enslaves many of its poorer citizens but also, like a drug addiction, is not even very satisfying or meaningful. And at least for a few farm kids I know, it is not nearly as much fun as playing on hay bales or tossing tomatoes. I wonder if in our endless purchasing, what we have actually bought is a bill of goods.

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Virtually nothing is more sacred to Germans than their constitution, which is known as the Basic Law. It was originally planned as a stopgap measure, but it has seen the Federal Republic of Germany through the past 62 years. During the Cold War, political parties may have squabbled over conservative Chancellor Konrad Adenauer’s political commitment to Western Europe and the United States — and they had their differences over left-leaning Chancellor Willy Brandt’s Ostpolitik policy of normalizing relations with communist Eastern Europe, particularly with East Germany — but they immediately and unanimously praised the Basic Law. “We have one of the best constitutions in the world,” German Chancellor Angela Merkel once said.

Now, it looks as if Merkel herself may order an overhaul of the German constitution. At the party conference of the chancellor’s conservative Christian Democratic Union (CDU) which commenced on Monday morning, Nov. 14, it is expected to approve a plan that could change the face of Europe — and perhaps make it necessary for the Germans to rewrite their constitution.

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Employer’s name? “God.” His address? “Heaven.” In more self-confident days, that is how Anglicans used to answer pesky bureaucrats demanding particulars of a clergyman’s employment. But for better or worse, the old idea that “religious workers”””to use more modern language””belong in a legal and metaphysical category all of their own is being chipped away.

London’s High Court ruled this week that the Roman Catholic church””in this case, the diocese of Portsmouth””could be held responsible for the actions of a priest, now dead, who is alleged to have abused a young girl at a children’s home. This was because the church had put the priest in a position where he could perpetrate abuse, creating a relationship similar to employment. The decision will make it easier for victims of clerical crimes to demand compensation, and it could eventually oblige the church authorities to compensate abuse victims on the large scale seen in other countries.

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Under… [an income-contigent program]proposal, loans would be offered at a single interest rate for all borrowers; payments would be automatically withheld from the borrowers’ paychecks by their employers and would be managed by the IRS, just as income taxes are collected. As in the president’s proposal, 10% of a borrower’s earnings would go toward their student loans. The more they earn, the faster they would repay their debt. Such a system would not only help graduates manage their student loans, it would save the government money because it would drastically reduce delinquencies and be far easier and less expensive to administer….

income-contingent loans would be universal and automatic. Everyone who took out a student loan would be put into the program and, because their loans would be tied to their Social Security numbers, the repayments would come out of their paychecks, just as their income, Social Security and Medicaid taxes are withheld.

Australia and Britain have had great success with their income-contingent loan programs. In Britain, more than 98% of loans are repaid.

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In a top-secret lab in an undisclosed Bay Area location where robots run free, the future is being imagined.

It’s a place where your refrigerator could be connected to the Internet, so it could order groceries when they ran low. Your dinner plate could post to a social network what you’re eating. Your robot could go to the office while you stay home in your pajamas. And you could, perhaps, take an elevator to outer space.

These are just a few of the dreams being chased at Google X, the clandestine lab where Google is tackling a list of 100 shoot-for-the-stars ideas. In interviews, a dozen people discussed the list; some work at the lab or elsewhere at Google, and some have been briefed on the project. But none would speak for attribution because Google is so secretive about the effort that many employees do not even know the lab exists.

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The European debt crisis is raising the odds of a U.S. recession, with economic contraction more likely than not by early 2012, according to research from the San Francisco Federal Reserve Bank.

While it is difficult to gauge the odds precisely, an analysis of leading U.S. economic indicators suggests a rising chance of a recession through the end of the year and into early next year, researchers at the regional Fed bank wrote on Monday. The risk of recession recedes after the second half of 2012, they found.

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Facial recognition technology is a staple of sci-fi thrillers like “Minority Report.”

But of bars in Chicago?

SceneTap, a new app for smart phones, uses cameras with facial detection software to scout bar scenes. Without identifying specific bar patrons, it posts information like the average age of a crowd and the ratio of men to women, helping bar-hoppers decide where to go. More than 50 bars in Chicago participate.

As SceneTap suggests, techniques like facial detection, which perceives human faces but does not identify specific individuals, and facial recognition, which does identify individuals, are poised to become the next big thing for personalized marketing and smart phones. That is great news for companies that want to tailor services to customers, and not so great news for people who cherish their privacy. The spread of such technology ”” essentially, the democratization of surveillance ”” may herald the end of anonymity.

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According to one of my students at Yale, where I taught English in the last decade, a colleague of mine would tell his students that they belonged to a “post-emotional” generation. No anger, no edge, no ego.

What is this about? A rejection of culture-war strife? A principled desire to live more lightly on the planet? A matter of how they were raised ”” everybody’s special and everybody’s point of view is valid and everybody’s feelings should be taken care of?

Perhaps a bit of each, but mainly, I think, something else….

Today’s ideal social form is not the commune or the movement or even the individual creator as such; it’s the small business. Every artistic or moral aspiration ”” music, food, good works, what have you ”” is expressed in those terms.

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But when a Christian tattoos a Bible verse or a faith-phrase upon her body, she makes her body into a text. She reverses the incarnation of Christ; in her de-incarnation she is making the body, what is prone to messiness and effluvia and decay, into a true and eternal Word. They are turning themselves into the Bible, or a part thereof.

There’s something laudable in this: stating that these truths are the ultimate and unchanging truths of who I am. Yet I also wonder if they represent a running away from our carnality, a running away from the things that Christ affirmed in the incarnation. I wonder too whether tattoos like these ”” and all tattoos ”” might sometimes work like frosting upon a store window ”” presenting a surface that seeks not to externalize but to conceal what lies within. Does the person who stamps “God’s Son” upon his skin really believe it?

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First it was Athens. Then Rome. Could Paris be next?

While Italy has replaced Greece as the focus of anxiety amid Europe’s worsening debt crisis, investors are increasingly concerned about the outlook for France, whose banks are among the world’s biggest and are closely linked with their counterparts in the United States.

One crucial gauge of investor sentiment, the difference between what France pays to borrow versus what Germany pays, has doubled since the beginning of October, and last week reached its widest point since the formation of the euro currency zone in 1999. Meanwhile, speculation that France could soon lose the sterling triple-A rating on its sovereign debt intensified after Standard & Poor’s mistakenly told clients on Thursday that it was downgrading France’s debt.

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