To the Point
The New Gilded Age of the Super-Rich and Sub-Rich
Republican commentator Peggy Noonan says America's new billionaires are so rich they look down on "tatty old Windsor Castle." How did they accumulate so much money? Will concentrated wealth "trickle down" to the middle class--or destroy it? Also, the President's sub-prime bailout plan, more White House defections and increasing the birth rate in Russia.
By Warren Olney • • 1h 0m ListenRepublican commentator Peggy Noonan says America's new billionaires are so rich they look down on "tatty old Windsor Castle." How did they accumulate so much money? Will concentrated wealth "trickle down" to the middle class--or destroy it? Also, the President's sub-prime bailout plan and, on Reporter's Notebook, while much of the world is concerned with over-population, Russia is trying to increase the birth-rate.
