Here’s irony for you. The administration of President Barack Obama, the man elected on a populist agenda, is now worried that populist anger at banks and Wall Street could create a backlash against the White House’s agenda.
Populism, it appears, is a double-edged sword.
News Analysis: Bracing for a Bailout Backlash – The Obama administration is worried that populist anger at financial institutions and Wall Street could complicate its agenda.
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