E. J. Dionne Jr. – Whose Elitism Problem Now? – washingtonpost.com

And nothing more exposes the hypocrisy of financial elites riding the coattails of those who revere small-town religious values than a downturn that highlights the vast gulf in power between the two key components of the conservative coalition. Even cultural conservatives will start to notice that McCains tax policies are geared toward the wealthy investing class and Obamas toward the paycheck crowd. Even the most ardent friends of business have begun to argue that a re-engagement with sensible regulation is essential to restoring capitalisms health.

E. J. Dionne Jr. – Whose Elitism Problem Now? – washingtonpost.com.