The Bankers Have Won

In spite of all of the damage the bankers have caused, they continue to have direct access to senior politicians so the bankers can keep their big-money bonuses at the expense of average Americans.

Bill Daley’s Appointment Proves "The Bankers Have Won Completely," Simon Johnson Says

To Simon Johnson, author of 13 Bankers and the former IMF chief economist, it's a sign "the bankers have won completely."

The fact that President Obama's top aide is the former Midwest chairman of JPMorgan Chase proves "the White House fails to understand that, at the heart of our economy, we have a huge time-bomb," according to Johnson.

Simon Johnson goes on to give an estimate of 3-5 years until the next credit problems.