Ok, here’s the article I was mentioning:
**Luther’s “discovery”
The thought came to him that Paul meant nothing less than that the righteousness of God could be made" our own simply by trusting in the righteousness of Christ. Luther thought he had been wasting his time and his efforts in trying to do for himself what Christ had already done for him. A feeling of immense relief swept over him. He felt that he was saved and that he could be saved in no other way than this.
When he began to teach theology, in 1512, he put forward his theory of justification by faith alone, of God’s forgiving love freely bestowed upon all who simply repent of their sins and trust in Christ. He convinced himself that that was the true faith of the Catholic Church, and he tried to combine his new-found doctrine with all other teaching of Catholic theology.
Gradually, however, Luther encountered opposition to his new theory of justification by faith alone. On October 31,1517 he published his 95 Theses, declaring that indulgences destroyed the true spirit of repentance. Called to account, he refused to recant his views unless refuted by biblical evidence itself, refusing to accept the authority and traditional teachings of the Church as reliable sources of doctrine.
catholic.com/thisrock/1993/9304fea1.asp**
Human nature has been totally corrupted by original sin, and man, accordingly, is deprived of free will. Whatever he does, be it good or bad, is not his own work, but God’s.
Faith alone can work justification, and man is saved by confidently believing that God will pardon him. This faith not only includes a full pardon of sin, but also an unconditional release from its penalties.
This is not exactly the same as you mentioned already but sufficiently different to set alarm bells off (who’s right), that being said this should not divide us as Christians.
By the way, remember the quote I said I would find from Martin Luther on the status of society after the introduction of “faith alone”, well I found it. Here it is:
**Martin Luther, as inveterate an enemy of the Catholic Church as ever lived, was forced to admit: “Under the papacy the people were at least charitable, and force was not required to obtain alms. Today, under the reign of the Gospel [by which he meant Protestantism], in place of giving they rob each other, and it might be said that no one thinks he has anything till he gets the possession of the property of his neighbor.” **