1.   Free-Market reforms have nurtured a burgeoning middle class and even some super rich, both snapping up the latest in electronics.

2.   First class these days tends to be the domain of top corporate executives, royalty, entertainers and the super rich, with other affluent people choosing business class.

3.   The super rich, and those whose families have long been wealthy, can always arrange their affairs to minimize the tax bite.

4.   Privately the President did not hide that he is against forming a league which would attract only super rich and powerful clubs.