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Republicans have been trying to exploit populist rage over the AIG bonuses and last week, 85 GOP House members even voted for the unconstitutional 90 percent tax on AIG bonuses, as well as those at other financial firms gaining Treasury money. So how does President Obama react? He says, I'll see your efforts to recoup bonus payments to executives at companies accepting taxpayer money, and I'll raise you by proposing that the federal government regulate all executive compensation, regardless of whether a company is receiving taxpayer money.

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Pingback| 3.23.09 @ 11:20AM

Why You Can’t Win a Populist War With Obama — But As For Me links to this page. Here’s an excerpt:

Why You Can’t Win a Populist War With Obama — But As For Me .addtoany_share_save img{border:0;} _qoptions={ qacct:"p-d8ipuL9esDVMw" }; var sc_project=4273169; var sc_invisible=1; var sc_partition=48; var sc_click_stat=1; var sc_security="7dc50185";…

Jeremiah| 3.23.09 @ 12:50PM

Ultimately, reactionaries lose populist wars because they don't have any moral solidarity with the people.

Liberalism is about increasing the political and economic autonomy of individuals; the ideal of liberalism is that this autonomy can and ought to be increased.

The reactionary or "conservative" movement is not a political philosophy at all but an emotional reaction against cultural institutions. It's a mixture of anxiety and resentment and anger provoked by the confusing and alienating realities of modern market capitalism.

The solution to these alienating realities, however, is liberalism, which avoids the dour excesses of socialism and the fascistic impulses of corporatism.

Thus endeth the lesson.

Jeremiah| 3.23.09 @ 12:50PM

Ultimately, reactionaries lose populist wars because they don't have any moral solidarity with the people.

Liberalism is about increasing the political and economic autonomy of individuals; the ideal of liberalism is that this autonomy can and ought to be increased.

The reactionary or "conservative" movement is not a political philosophy at all but an emotional reaction against cultural institutions. It's a mixture of anxiety and resentment and anger provoked by the confusing and alienating realities of modern market capitalism.

The solution to these alienating realities, however, is liberalism, which avoids the dour excesses of socialism and the fascistic impulses of corporatism.

Thus endeth the lesson.

Bill Bailey| 3.23.09 @ 6:44PM

Republicans can't out-lib the libs. They should stop trying.

Daphne| 3.23.09 @ 10:44PM

It's hard to out-whore a whore.

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More Blog Posts by Philip Klein

http://spectator.org/blog/2009/03/23/why-you-cant-win-a-populist-wa
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