Posted on January 25, 2010 |
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Democrats, reeling from their stinging Massachusetts' defeat, have relaunched their populist “Wall Street v. Main Street” rhetoric. Their push for a massive regulatory overhaul poses dangers for the GOP, who should not fall in the trap. Voters are justifiably angry over government bailouts of the banking industry, who played a central role in our economic mess. The GOP should not defend the indefensible, and would do better to channel voter outrage into exposing the Obama administration's role in banking bailouts, and the fraud that is the Federal Reserve.
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