At The Taxpayer's Expense

Instapundit » Blog Archive » TIM CARNEY: Democrats Just Don’t Understand The New Populism. “The Left has misread the postbailou…: "TIM CARNEY: Democrats Just Don’t Understand The New Populism. “The Left has misread the postbailout populist sentiment all along, assuming public anger was directed at the rich. But American anger, I suspect, is directed not at some people who have money or success, but at those who profit through cronyism and their connections to power. In other words, anti-bailout anger is not anger at the rich, but anger at those unfairly getting rich — at the taxpayer’s expense.” Yes.

Posted by Glenn Reynolds at 11:22 pm"

Meanwhile -- while far too timid and fairly misdirected -- a Fed governor actually came out and said something that had at least a tenuous hold on reality. Most shocking of all he actually referenced Matt Taibbi's latest article: "Why Isn't Wall Street In Jail". Wow.

And did I forget to mention that we're a lot like China?