Front page links removed?

Hi, I think I must be missing something simple. I have searched and searched, and I can't find this problem anywhere. I have three sites, with different themes, (one default, two with Catch Flames Pro), and they all have this same issue. Links in posts that appear on my pages (home page for example), all appear on the page as non-links. When you click on the post, and the post opens on its own page, the links work. I've been looking for a setting, but I can't find one. Has anyone ever seen this before? Thanks, Murdock