This isn't an article about poverty, its an article about covetousness, entitlement and a lack of thrift. It's a shame that the reporter has the gaul to write this.
What is happening is exactly what von Mieses and his followers said happens everytime that a government engages in an expansionary monetary policy. During the 90's Alan Greensapn engaged in a record breaking printing of money. Unlike in the Carter years where the inflation went into govenment spending - and was pretty widely distributed - most of Greenspan's largesse went, first, to financial institutions, i.e. investment bankers, where it ran up the stock market fueling the profits of the options boomers. What we are seeing - and this article demonstrates it - is the result of the bust phase of the expansion - the result of a decade of malinvestment - or perhaps you think that the dot.bombs or AOL-TimeWarner are the result of sound financial management.
But perhaps the tenants of the von Mieses institute are not conservative enough for you?