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Keyword: panicof1893

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  • The Next Wave

    09/18/2011 7:01:59 AM PDT · by Kaslin · 27 replies
    Townhall.com ^ | September 18, 2011 | Salena Zito
    Another wave is coming, Washington – and “the ‘ins’ may be thrown out, and the ‘outs’ may be thrown in,” according to Michael Genovese, Loyola University political-science professor. Genovese thinks the economic and political turbulence of the past 12 years are “eerily similar” to the Panic of 1893 and the unsettling election cycles of 1884 to 1896. Both eras feature fantastic wealth created for a privileged few, fiercely competitive and highly partisan elections, an ineffectual and seemingly corrupt government, and an angry, disillusioned electorate. And both have had populist movements – the Progressives of the late 1800s, the Tea Party...