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WSJ: Why the Rich Fear Violence in the Streets [View All]

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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-17-11 03:51 PM
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WSJ: Why the Rich Fear Violence in the Streets
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You would think they would direct their servants in Washington to throw us a couple of bones like real universal healthcare, decent paying jobs without working endless overtime, and a chance to buy and keep our own homes, but like a monkey trying to get a nut out of a bottle, they are stuck trying to wring every last cent of profit out of us until we are either dead or turn on them and take away their power to harm us.

Last year, I was at a billionaire’s home in California and I asked him to describe his biggest worry. He pointed to a 19th century painting on the wall, which depicted a female beggar receiving alms from a wealthy gentleman and giving her patron a flower in return.


“That’s what I worry about,” he said. “But instead of flowers, she’s got guns. Violence in the streets, aimed at the wealthy. That’s what I worry about.”

It turns out he wasn’t alone. A new survey from Insite Security and IBOPE Zogby International of those with liquid assets of $1 million or more found that 94% of respondents are concerned about the global unrest around the world today.

Fully 90% of respondents have a negative view of the current global economic climate and 41% say they have little or no faith that the U.S. will be able to right itself in this fiscal climate.

http://blogs.wsj.com/wealth/2011/07/06/why-the-rich-fear-violence-in-the-streets/">FULL TEXT
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