Spokane Spokesman Review Cartoon
In case you can't read what it says, the Blessed Virgin has a pin that says "Spokane Diocese" and she is saying, "Good news: we're almost out of bankruptcy." Christ's leg says "credibility" and he is saying, "Financial bankruptcy, maybe."
The Spokane diocese, like many others, has its problems, but I do not think it is morally bankrupt, nor should a newspaper or cartoonist use the image of the Pieta in such a fashion. When the cartoons of Mohamed came out a couple of years ago, the Spokesman Review said it would never run such cartoons because of the effect they have on people. Apparently this does not apply to Catholics.
If you wish to write to the editor and protest, the email address is email@example.com.