Posts Tagged ‘Huffington Post’

••• UPDATE to the update: The ‘hoarding’ of American wealth

January 31st, 2011 Comments off

••• UPDATE — An economist of some note, who chooses to remain anonymous, forwarded me some more information on the hoarding of wealth in American … Please read and let us know what you think

••• cbpp-ms-income-inequality-2008

••• cbpp-pulling-apart-state-analysis-income-trends-2008

From Monday …

I have come across the term hoarder (or hoarded) a couple of times today. The first I thought was interesting, the second kind of made me stand up and take notice.

The first came from someone who formerly wrote a column for me at a different newspaper. … The text and link to which he refers is included.

The second was included in Phil Hardwick’s blog on our website.

Enjoy, and let me know what you think …

Hoarder comment No. 1

For some reason, I was motivated today to read FDR’s First Inaugural Address. A link to it is below, and I suggest that you read it carefully and see how 1929-1933 is so congruent with 2007-2011.

Franklin Roosevelt saved capitalism by excoriating those who were perverting it and calling them out. They called him a socialist, but he saved the country.

One would think that the 1930s would have convinced Americans for all time that “trickle-down” economics is ultimately a disaster.

The moneychangers, as Roosevelt called them, are not philanthropists concerned about the average American. Cutting their taxes does not produce more jobs; it produces more hoarded wealth and higher annual bonuses.

They are today’s perverters of capitalism, and they must be called out as Roosevelt called them out.

Hoarder comment No. 2

Speaking of small business, I couldn’t help but raise my eyebrows at this post from Gene Marks blog in the New York Times:

BEST CASE AGAINST LOBBYISTS Huffington Post’s Zach Carter and Ryan Grimm write about how the small-business lobby hurts small business: “Two years into the Obama administration, small businesses are still struggling to obtain credit and hire new workers, while big businesses withhold payments from them, horde cash and enjoy record profits. But if the top small-business goal for the past two years was to elect Republicans, the N.F.I.B. has done its job.”

See Phil Hardwick’s blog …

Hey Steve Jobs, it’s like the iPad was my idea!

April 7th, 2010 Comments off

My wife owns the laptop in our family, which is the modern day version of the saying she wears the pants in the family.
I have to ask permission to get minutes on the portable computer or be relegated to working on our big-screened dinosaur in our closet of an office.
So, in order to continue to be a member of the family during evening hours I have become pretty capable at surfing the web on my iPhone.
Yes, my iPhone. I can’t live without it. I read the news of the day in the morning by using my apps from the New York Times, Associated Press, Huffington Post, Wall Street Journal, Business Week, CNN and USA Today.
For my Boston Red Sox fix, I read scores and more from the Boston Globe.
Yes, the screen is pretty small, but it gets the job done.
Ah, then Apple CEO Steve Jobs heard me from afar. It’s like the iPad was my idea (sorry for the poor reference to the inferior competition’s product lines).
Make a giant iPhone that isn’t a phone at all.
The iPad.
Apple latest creation is just that, an iPhone without the phone and much bigger, but not as big as a laptop, easier to carry around.
So, last Monday after the much-ballyhooed release that weekend, I spent part of lunch lusting after the gadget at the local Apple Store.
Held it in my hand, typed in www.msbusiness .com, read the latest news on our site just like it was a laptop, but better.
The price tag, compared to a laptop, is better, too.
My lunchtime visit was like walking through the auto dealership and eyeing the new car you want.
It’s pretty to look at and you can afford it it if you really want it, but how much do you want it?
Not sure just yet.
I may make a few more trips to the Apple Store for a test drive just to see what kind of gitty-up it has, maybe kick the tires and look under the hood.
You know you can never be too careful about these things.
But then again, if my wife is reading, my birthday is just a few weeks away (ahem!).

Contact Mississippi Business Journal editor Ross Reily at or (601) 364-1018.