Winter 2016

FeaturedThe Domestic Economy

The Subprime Specter Returns: High Finance and the Growth of High-Risk Consumer Debt

Recognizing the risks to the public, regulators have begun to step in to curtail abuses and hold accountable those who violate the law in lending practices that affect all borrowers, including those with subprime credit scores. While default rates remain relatively low thus far with these subprime loans, we should guard against complacency. Despite the fact that large banks may be pulling back…

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The Fissuring of the Republican Party: A Road Map to Political Chaos

Donald Trump took his own stab at idiocy by reading out Graham’s phone number, encouraging his audience to “try it.” Trump’s antics came in response to Graham’s own a day before when in an effort to defend his friend John McCain, another of the billionaire’s targets, he called the rich politico the “world’s biggest jackass.” The contest intensified in September after GOP polls…

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