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Firstly, the issue isn't "conservative vs liberal" in any way, nor is this political.
The fact is that President Obama would be welcomed to speak at a Catholic University under the same conditions as any speaker.
However, the problem is that his stance on issues such as abortion and embryonic stem cell research are very contrary to Catholic Moral and Social teaching. The fact that Notre Dame is inviting him specifically as a Commencement speaker is a way of basically stating...