Cities like Chicago and St. Louis most certainly have issues with crime. But how the U.S. measures “dangerous” must be made clearer. It does a disservice to our police and our communities by allowing this misrepresentation of the facts.
Whatever the outcome of the hearings and evaluation of the various testimonies, we need to resist the impulse to believe that people cannot live compartmentalized lives, across time and space. This is a hard lesson. Because if we trust and believe in someone who can do horrible things, it often makes us question ourselves.
Regulators can only do so much to keep firms from taking excessive risks. What they can do is ensure banks have enough capital to absorb future shocks so that the global financial system isn’t once again brought to the brink of collapse.
