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When populism exploded again with the 2008 financial collapse and TARP bailout, the next generation of Republican leaders — led by Eric Cantor, Kevin McCarthy, and Paul Ryan, the self-named Young Guns — took the Gingrich playbook and ran with it, exploiting and fueling populist anger at the political establishment and the new black president to take back power. The theory was that a deliberate strategy to make all government action in Washington look disastrous, whether by stopping legislation or delegitimizing the process and its…