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Can Pope Francis heal the Catholic Church's wounds?

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Giampiero Sposito/Reuters

(Read caption) Pope Francis strives to separate Catholic essentials from the gild and the ermine in hopes of rekindling a connection to disillusioned followers.

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“Freedom,” as Janis Joplin so famously sang, is “just another word for nothing left to lose.” I think sometimes her words could describe the job facing the new pope.

Troubles in the American Catholic Church alone – which the Economist estimates accounts for 60 percent of total church wealth – are crushing, and the litany is familiar:  According to Pew’s Religion and Public Life figures, church attendance among even strong Catholics dropped from 85 percent in 1974 to 53 percent last year. Only 27 percent of all Catholics attend weekly.

In the past eight years, eight of America’s dioceses have gone bankrupt, and another is set to file soon, much of it due to the priest sexual abuse scandals that have cost the American church more than $3 billion. Many dioceses that stayed in the black are rapidly unloading assets to cover their bills.


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