Word: populistic
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Dates: during 2000-2009
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...Fujimori's success, however, was based on reclaiming the image of the populist caudillo, or strongman on horseback, just as the continent was ridding itself of the legacy of dictators who had turned disappear into a verb when dealing with their political opponents. He shut down Peru's Congress and judiciary in 1992; he created an "emergency" government that gave him and his spooky security chief (Vladimiro Montesinos, who himself was convicted in 2002 on a variety of corruption and human rights abuse charges) autocratic powers; and he rewrote the constitution to allow himself to be re-elected...
...populist issue addressed may make the meeting an easier sell for the participants back home: executive pay. The leaders accepted a series of recommendations by their finance experts that would lead to sharper oversight of compensation and bonuses and tie them more specifically to long-term performance. In other words, there was something for everyone. Rudd's conclusion, echoed by many other delegates: "People beforehand said there would be a divide, but in fact there was an overwhelming drive toward achieving real action, real commitments and real timelines." Or as Obama put it: "I think...
...challenges may be slightly different in Latin America from those faced in Europe. The main challenge facing the progressive governments of this region is not right-wing laissez faire capitalism, but the more populist socialism epitomized by Venezuela's President Hugo Chavez. "Sometimes the adversary of progressive ideas can be populist ideas," said Rudy deLeon from the Center for American Progress in Washington, perhaps with Chavez in mind. "And in a time of economic challenge that can be an issue...
...There has been a populist uproar over executive compensation paid to management at companies that have received financial assistance from the government bailout. These bonuses continue to receive enormous coverage in the media, inflaming the passions of voters and politicians alike. Informed by this sentiment, a New York Times/CBS Poll conducted in February found that "83 percent of respondents said the government should cap the amount of compensation earned by executives of companies that are getting federal assistance...
...Unlike economic risks that TALF may be exposed to, political risks may pose a greater threat because they are less susceptible to accurate forecasting. The furor over AIG bonuses demonstrates that the political attitudes of the administration and the legislature are subject to the vagaries of populist outrage. The proposed legislation to impose a tax of 90 percent on the retention bonuses received by AIG executives, currently before the Senate, calls the sanctity of private contracts into question. It demonstrates that the government may retroactively alter the terms of financing agreements between it and private companies. It is likely that...