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Date Posted: 15:31:07 03/23/09 Mon
Author: Bob
Subject: an observation

We are seeing an explosion of populism due mainly to the tanking of the economy by bad risk taking of Wall Street "geniuses." Associated with the downturn are the perceived excesses in the form of bonuses paid to the very people (as in AIG) who were complicit in the fiasco, the $10 million renovation of Citigroups executive office suites, outlays for corporate jets, etc. In effect, we are seeing the 21st century replay of the late 19th century's Gilded Age. The "have nots" are now aware of the insulated and hedonistic lives of the "have mores" and don't like what they see.

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