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The hoi polloi vents its discontent on an untrusted elite

By Chrystia Freeland

Published: October 1 2008 03:00 | Last updated: October 1 2008 03:00

This week, the American people rebelled against their elite.

That is the big political story behind Congress's surprise rejection on Monday of the financial rescue plan that had been laboriously - but, we were told, victoriously - patched together over the sleepless weekend.

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