Does anyone remember when the liberal intellectuals decried populism coming from the likes of Glenn Beck and other conservatives that was aimed at the direction the country is going under the leadership of President Barack Obama and the Democratic-controlled Congress?
Apparently it is OK to cry foul on so-called populist rants when the mouthpieces tend to be right-of-center. But now, with Congress debating financial regulation, this sort of above-the-fray approach has gone by the wayside, at least for Slate.com. On Slate's Political Gabfest podcast for April 22, moderator John Dickerson asked his panel consisting of Slate editor David Plotz and Slate senior editor Emily Bazelon, if Wall Street banks had a responsibility to self-regulate and do what's right as opposed to solely relying on legislation to set the boundaries. That inspired an "impassioned" populist response from Plotz.