There is nothing quite like plutocratic whines from the global .01%.
The source of much consternation among the global elite — amid calls from the Pope for the worlds elite work to towards a “better distribution of wealth” – that Bill de Blasio might raise taxes in New York City by 0.5%.
“It might be enough to persuade people to move out of the city,” threatened one money manager.
“To take it from Paul [Singer, CEO of $23 billion Elliot Capitol Management] and give it to someone else, I think that’s unfair,” cried Skybridge Capital’s Anthony Scaramucci.
But do not lament – in the midst of this whining Dealbook provides evidence the billionaires want experience life at the bottom 1%:
“For those wanting to experience real hardship (for an hour or so) there were multiple sessions each day that attempted to simulate what it is like to be a refugee in a camp. During these sessions actors dressed up as soldiers stormed in, pretending to beat up another actor dressed up as a refugee and firing fake gunshots. Sheryl Sandberg of Facebook and Peter Brabeck-Letmathe of Nestle were among the executives who participated.”
Well after 60 minutes of fake gunshots and actors play fighting – I guess they’ve suffered enough.