“Yet, in the fine print, the agency also effectively empowered a handful of select banks to continue controlling the $700 trillion derivatives market. … Just five banks hold more than 90 percent of all derivatives contracts.”
In his beguiling photo series “Sitting on the Wall: Haikou V,” Chinese artist Weng Fen captures young women and new cities on the precipice of change. The backs of the young women face us, giving no hint of a personal identity, save for their slightly varied school uniforms. Meanwhile, the booming new buildings dominate the background, their postmodern facades signifying an increase of investment and oncoming changes throughout Chinese cities. Read more!
“Though the recent examples involve a Democratic administration, Republicans have shown they are just as tempted to abuse the power of government.
At its core, the IRS scandal is not the result of one political party attacking another. It is the inevitable consequence of a federal government that has gotten too big and too expensive to control. The federal government’s massive bureaucracy is inherently dysfunctional, corrupt, intolerant, and incompetent — regardless of who is in charge.
These are not random incidents perpetrated by bad actors. They are systemic features of the $4 trillion enterprise known as the federal government.”
Project Open Data is an online, public repository intended to foster collaboration and promote the continual improvement of the Open Data Policy. We wanted to foster a culture change in government where we embrace collaboration and where anyone can help us make open data work better. The project is published on GitHub, an open source platform that allows communities of developers to collaboratively share and enhance code. The resources and plug-and-play tools in Project Open Data can help accelerate the adoption of open data practices. For example, one tool instantly converts spreadsheets and databases into APIs for easier consumption by developers. The idea is that anyone, from Federal agencies to state and local governments to private citizens, can freely use and adapt these open source tools—and that’s exactly what’s happening.
The Pentagon Papers is a United States Department of Defense history of the United States’ political-military involvement in Vietnam from 1945 to 1967. The papers were first brought to the attention of the public on the front page of the New York Times in 1971. A 1996 article in The New York Times said that the Pentagon Papers “Demonstrated, among other things, that the Johnson Administration had systematically lied, not only to the public but also to Congress, about a subject of transcendent national interest and significance”.