Confessions of Philadelphia’s One Percent
One-percenters. We’ve been hearing a lot about them lately, ever since wall street became not just the seat of finance, but a place to hang out and get angry. In demonstrations and in large swaths of the American psyche, rich people have been vilified, as if the economy going SPLAT back in 2008 meant that anybody with a certain lifestyle still intact must have had a hand in the takedown.
And it seems like everybody has weighed in on what’s wrong with America these past four years—everybody, that is, except one-percenters themselves. (Warren Buffett doesn’t count; he’s got too much money.) So we thought, let’s hear from a few. How are rich people around Philly doing? What’s on their minds? And do they care what everyone else is saying about them?
We found five local one-percenters quite happy to talk, after we promised anonymity. They had a few things in common: Nobody wants to pay more taxes. Everybody has issues with the Occupy movement. Nobody’s happy with Obama. And all five are rich. That, though, might be the extent of what they agree on.