Is the Roman Church really 'Catholic?'

From the Catholic Enquirer, 1 February 2006:

'Benny Fiedler, who serves as an extraordinary [eucharistic] minister at St. John the Baptist [Roman] Church in El Paso, Texas, hopes people will heed the call and start volunteering again.

'Sometimes Catholics just don’t realize what they have,' he said. 'Back when Catholics used to believe these hosts were actually Jesus’ body, nobody but the priest would be allowed to touch them. But now that we have advanced in our wisdom and knowledge, we are allowed to do almost as much as the priests do.'

Although the statement above appears to be a satirical and fictional quote, does it not echo the sentiments of literally millions of American Roman Catholics today?

In a recent poll it was determined that 75% of American Roman Catholics do not believe in the Real Objective Presence of Our Lord Jesus Christ under the form of bread and wine in the Most Blessed Sacrament. Is this the direct result of the Second Vatican Council and its resulting novel interpretation of the Christian Faith in the Post-Conciliar Roman Church? Can a Church that has almost universally lost (in the western world at least) its faith in the Real Eucharistic Presence be considered 'Catholic' in any meaningful sense?

Let us pray for the recatholicisation and conversion of all historical Western Catholic Churches, especially the Roman and the Anglican, back to the Faith of the Apostles and Fathers. Let us remain zealously faithful to the orthodox catholic Tradition.

And what is the Tradition?

'Be careful to observe one Eucharist; for there is only one Flesh of Our Lord Jesus Christ and one Cup in union with His Blood, one Altar of Sacrifice, as there is one Bishop with the Presbyters and my fellow-servants, the Deacons.'

-Saint Ignatius of Antioch, Philadelphians 4.