PREPARE FOR THE GRE TEST WITH A NEW WORD EACH DAY

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"Language is the medium of all understanding and all tradition

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Friday, October 14, 2011

37. Exculpate

From, “Wall Street’s Gullible Occupiers”by Peter J. Wallison published 10/13/11 The Wall Street Journal:

"There is no mystery where the Occupy Wall Street movement came from: It is an offspring of the same false narrative about the causes of the financial crisis that exculpated the government and brought us the Dodd-Frank Act. According to this story, the financial crisis and ensuing deep recession was caused by a reckless private sector driven by greed and insufficiently regulated. It is no wonder that people who hear this tale repeated endlessly in the media turn on Wall Street to express their frustration with the current conditions in the economy."

Synonyms: excuse, justify, vindicate

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