POLITICS

The Con-Artist Wing Of The Democratic Party

GOOD MORNING AMERICA - Former Secretary of the Treasury, Timothy Geithner Tim Geithner explains how America withstood the ult
GOOD MORNING AMERICA - Former Secretary of the Treasury, Timothy Geithner Tim Geithner explains how America withstood the ultimate stress test of its political and financial systems in his book 'Stress Test,' on GOOD MORNING AMERICA, 5/12/14, airing on the ABC Television Network. (Photo by Lorenzo Bevilaqua/ABC via Getty Images)

The most consequential event of this young century has been the financial crisis. This is a catchall term that means three different things: an economic housing boom and bust, a financial meltdown, and a political response in which bailouts were showered upon the very institutions that were responsible for the chaos. We will be seeing the fallout for decades.

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