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Recommend "Sarah Jaffe" - $230,000 For a Guard Dog: Why the Wealthy Are Afraid Of Violence From Below (Email)

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By Sarah Jaffe, AlterNet
Posted on July 29, 2011, Printed on July 31, 2011
http://www.alternet.org/story/151837/%24230%2C000_for_a_guard_dog%3A_why_the_wealthy_are_afraid_of_violence_from_below

“Violence in the streets, aimed at the wealthy. That’s what I worry about.”

That was what an unidentified billionaire told Robert Frank of the Wall Street Journal a while back. Rich people are scared of global unrest, Frank reported, citing a survey by Insite Security and IBOPE Zogby International of people with liquid assets of $1 million or more (translation: folks who have or can get their hands on $1 million in cash fairly easily) that says 94 percent of the wealthy are concerned about “global unrest” around the world.

He noted:


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