Word: populistic
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...this kind of populist blast--a picture painted by Limbaughs and cartoonists across the U.S. of a President extending a hand to Wall Street and ailing foreign countries--that convinced Clinton he had to bypass Congress altogether. With the Mexican peso sliding, only $3.5 billion left in Mexican currency reserves and financial markets throughout Latin America on the brink of collapse, the President last week invoked his executive authority to grant Mexico $20 billion in loans and loan guarantees as the centerpiece of a coordinated bailout. Following Washington's lead, the International Monetary Fund agreed to provide Mexico with...
...like to see some more political dialogue on this campus. Instead of getting the most press for factionalizing, mightn't the Republicans get some press for a demonstration or a debate? Perhaps that would be far too populist. Democrats could learn these lessons, too but at least they haven't been so schizophrenic in the recent past. Watch out, Republicans--to paraphrase a great political figure from the opposite side of the fence, the only thing you have to fear are you, yourselves...
First, there is cultural class warfare. Whether accurately or otherwise, the Republicans have portrayed the Democrats as the party of a cultural elite-ivory-tower intellectuals and inside-the-Beltway bureaucrats totally alienated from the concerns of ordinary Americans. The redirection of populist resentment from top-hatted Wall Street businessmen to Chardonnay-sipping Washington pointy-heads has been nothing short of brilliant...
...that is not what the populist, even radical, national party wants. Whitman pleased conservatives in Tuesday's rebuttal by repeating the canard that Clinton was responsible for the biggest tax hike in history. (Right answer: Ronald Reagan in 1982.) But her other positions make conservatives balk. For one, she is pro-choice. She also does not believe sexual orientation on its own should bar a person from a job--even in the military. And while Whitman backs such ``Contract with America'' standards as the balanced-budget amendment, she may just back away from their consequences. Billions of dollars in federal...
Some irony was attached to that plea since the Fed's six increases of U.S. interest rates during the previous 11 months had helped create the Mexican crisis. As it was, the chairman's effort had only limited impact on Congress, where populist Republicans have been joining forces with anti-free trade Democrats to make passage of the bailout package unlikely in the near future. Democratic Senator Ernest Hollings of South Carolina denounced the loan-guarantee legislation as a ``billionaire bailout'' to save the fortunes of rich investors on both sides of the border. Though House Speaker Newt Gingrich expressed...