Pauls Valley, OK, Pauls Valley Democrat

Business

January 6, 2014

Pope continues to afflict comfortable

Kansas City, MO — For all his humble charm, Pope Francis has been getting under the thin skin of some rich members of his flock.

As F. Scott Fitzgerald remarked, the rich are different from you and me. They expect deference and coddling, especially for their charitable deeds, and when they don’t get it, they take their riches and go home. At least that’s the message one GOP high roller has sent to the American hierarchy.

Kenneth Langone, the billionaire cofounder of Home Depot and a major Republican backer, has insinuated that Francis should lighten up on his critiques of the corrupting influence of wealth, the problems of inequality and trickle-down economic theories that too often do little to aid the poor.

The reason: Pope Francis is scaring away the big donors. He’s offending the deep pockets that keep the facades of the faith gilded.

Somehow, it’s doubtful that this pope, who has shunned so many of the ornate trappings of the Vatican, is shocked by the continuing backlash to his apostolic exhortation published in late November that contained sharp observations about capitalism, wealth and inequality. And it’s unlikely this will be the last we’ll hear of how the pope’s missives are unnerving people who have become used to the protective screen of entitlement their wealth affords.

Langone is leading the drive to raise $180 million for the renovation of St. Patrick’s Cathedral in New York. He told CNBC that he warned Cardinal Timothy Dolan that a deep-pocketed philanthropist is hesitant to make a seven-figure donation because he’s offended by the Holy Father’s views. You can’t get any more petulant, or, shall we say “holier than thou,” than that.

“I’ve told the cardinal, ‘Your Eminence, this is one more hurdle I hope we don’t have to deal with. You want to be careful about generalities. Rich people in one country don’t act the same as rich people in another country,’” Langone said he explained to Dolan.

Text Only
Business
  • Senators accuse GM of covering up defective switch

     Members of a Senate subcommittee accused General Motors of trying to cover up problems with an ignition switch that is now tied to 13 deaths, and pressed CEO Mary Barra to commit to punishing anyone involved.

    April 2, 2014

  • Bethesda 1 University of Okla. students paint murals, brighten up nonprofit

    The harsh, cold, metal door slipped away as green, then blue, turned into a lush, green field with a winding path and a group of University of Oklahoma undergraduate students painted murals Monday at Bethesda Inc., a local agency that specializes in sexual abuse treatment and prevention for children and adolescents.

    March 25, 2014 2 Photos

  • Fly-tying Frenzy at Sam Noble Museum

    The Sam Noble Oklahoma Museum of Natural History will offer Fly-Tying Frenzy, an adult fly-tying workshop, from 8 to 11 a.m. for beginners and from 1 to 4 p.m. for intermediate and advanced participants April 5.

    March 12, 2014

  • JC_GE BUILDING.jpg Industry giants represented at Oak Tree

    Two corporate leaders discussed their company’s respective impact of business expansion on the local economy Thursday at the Edmond Chamber of Commerce Membership Luncheon.

    February 28, 2014 2 Photos

  • Cherokee Nation raising minimum rage

    The Cherokee Nation, one of the largest Native American tribes in the country, is raising its minimum wage by 50 cents, Chief Bill John Baker announced Monday.

    February 25, 2014

  • Moore City Council denies zoning change request

    Residents protesting a requested zoning change to allow apartments to be built in an area devastated by the May 20 tornado filled Moore City Hall on Tuesday night, then applauded when the Moore City Council denied the zoning change request unanimously.

    February 19, 2014

  • Marvel to spin new webs in Spider-Man’s history

    There’s more to the story about how Peter Parker became the amazing Spider-Man than previously was known.

    February 17, 2014

  • Public invited to screening

    University of Oklahoma art and art history students are hosting a film screening 7 tonight at the Fred Jones Jr. Museum of Art, 555 Elm Ave., in conjunction with the 100th annual School of Art and Art History Student Exhibition.

    February 13, 2014

  • Johnston_Grain_2_BH_W.jpg W.B. Johnston Grain is being sold to Louisiana company

    The oldest and largest privately owned grain company in the state, W.B. Johnston Grain, is being sold to a Louisiana company.
    Johnston entered into a letter of intent to sell its grain company and related business to CGB Enterprises, a grain and transport business based in Covington, La.

    February 4, 2014 1 Photo

  • Super Bowl posts another ratings record

    NEW YORK — For the fourth time in five years, the Super Bowl has set a record for the most-watched television event in U.S. history, drawing 111.5 million viewers even though the Seattle Seahawks’ 43-8 victory over the Denver Broncos wasn’t really competitive.

    February 4, 2014

Business Marquee

e-Edition
  • How You Want It When You Want It Today's Pauls Valley Democrat

    Now you can view and download the Democrat right to your desktop on the day the paper is published. Click here to get more information on the Democrat's e-Edition.

     

    CLICK HERE TO ACCESS THE E-EDITION SITE

     

    ATTENTION CURRENT DEMOCRAT SUBSCRIBERS TO START an e-EDITION

    e-mail request to sjohnson@pvdemocrat.com

    April 20, 2011 1 Photo 1 Link

AP Video
Raw: Deadly Bombing in Egypt Raw: What's Inside a Commercial Jet Wheel Well Raw: Obama Arrives in Japan for State Visit Raw: Anti-Obama Activists Fight Manila Police Motels Near Disney Fighting Homeless Problem Michigan Man Sees Thanks to 'bionic Eye' Obama to Oso: We'll Be Here As Long As It Takes Bon Jovi Helps Open Low-income Housing in Philly Pipeline Opponents Protest on National Mall Hagel Gets Preview of New High-tech Projects S.C. Man Apologizes for Naked Walk in Wal-Mart New Country Music Hall of Fame Inductees Named 'Piles' of Bodies in South Sudan Slaughter SCOTUS Hears Tv-over-Internet Case Chief Mate: Crew Told to Escape After Passengers Iowa College Finds Beauty in Bulldogs
Stocks
Facebook