"What Sorkin is suggesting is more of the same, although perhaps with worse consequences. If banks take action where policymakers do not or cannot, they are essentially putting themselves above the law. And if banks start playing that role, where does it end?"
"There is still no clear proof that the Russian government interfered with the 2016 US elections in any meaningful way. Which is weird, because Russia and every other country on earth would be perfectly justified in doing so."
Longstanding tensions within the Oval Office have reportedly reached a breaking point, as friction between President Trump and two top advisers may soon result in yet another split within the White House.
"...the city of Moscow is unveiling an Ethereum-based version of its voting system called Active Citizen. By putting the votes on the blockchain, as long as the code is solid, then the results cannot be disputed."
"There is no epidemic of gun violence in America; quite the opposite in fact. But last week’s shooting at a high school in Florida was a grim and jarring reminder of deep cultural problems lurking just beneath the veneer of our materially comfortable society."
Trends for the 1996 entry cohort show that cumulative default rates continue to rise between 12 and 20 years after initial entry. Applying these trends to the 2004 entry cohort suggests that nearly 40% may default on their student loans by 2023.