Populist Backlash

(Community Matters) I’m with Frank Rich, Americans are waking up to the realization that the economic deck is increasingly stacked against them.

There isn’t fair play – too big to fail, easy buys & tens/hundreds of millions in bonuses if you’re a financial institution exec – nothing similar if you’re a small business man/woman much less “just a consumer, a hard worker.”  If the men & women elected to represent us don’t get this, we need to take ’em down and elect new ones.  If business leaders and other enlightened types fear unraveling of Fed independence & other American capitalism underpinnings, they ought to spend some of their hundreds of millions in lobbying monies persuading Congress to be responsive to populist concerns; otherwise, there’s gonna be broader fianncial carnange on the street – don’t be fooled that people won’t hurt their own interests to ensure the pain is felt more broadly. And, if I am being pushed toward a populist backlash, you ought to figure it isn’t just a leftist or tea party sentiment.

wow, I’m starting to realize how some might vote for the most outrageous populist politicians