Ten Miles Square


January 29, 2014 3:38 PM Davos, Now with Refugee Tourism

By Ari Rabin-Havt

There is nothing quite like plutocratic whines from the global .01%.

Take this gem from the head of a “European consumer goods company” quoted by the New York Times Dealbook blog: “It used to be just bankers that were bashed … . Now it’s all of us.”

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.

Ari Rabin-Havt is the host of The Agenda, 6AM weekdays on SiriusXM 127. Find him on Twitter @AriRabinHavt


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