The one percent are under attack.
In San Francisco, Google and Twitter are facing protests from locals angered at dotcom millionaires hiking rents and property prices. In London, the opposition Labour Party have said they will raise the highest tax rate from 45 percent to 50 percent if it is returned to power in 2015.
Commenting on the protests and antipathy, the U.S. venture capitalist Thomas Perkins wrote on January 24 that the "rising tide of hatred of the successful one percent" was akin to the persecution of the Jews during Nazi Germany. Perkins has since apologized, but some experts and other members of the one percent have said was that the rich are being attacked for something they can't control.
The one percent are addicts. Wealth addicts.
In a New York Times op-ed on January 18, Sam Polk, a former hedge-fund trader, wrote: "In my last year on Wall Street my bonus was $3.6 million — and I was angry because it wasn't big enough... I wanted more money for exactly the same reason an alcoholic needs another drink: I was addicted."