* Predictably outrageous: University endowments and teachers’ pension funds are among big investors in Sallie Mae, the private lender that has been generating enormous profits thanks to soaring student debt and the climbing cost of education, a Huffington Post review of financial documents has revealed.
* Lauren Berlant explains her new book, Cruel Optimism.
I’ll focus here on three matters. The first is the concept of cruel optimism (what’s optimism, what’s cruel about it). The second is on a particular scene—the end of the postwar good life fantasy and the rise of neoliberalism in the U.S. and Europe—in which the consequences of cruel optimism are lived collectively. The third is about the need for a realism that embeds trauma and suffering in the ordinary rather than in a space of exception, given that the crises of exhaustion and knowing how to live are problems saturating ordinary life.
* Expressing both public and private frustration with Pakistan, the Obama administration has unleashed the CIA to resume an aggressive campaign of drone strikes in Pakistani territory over the last few weeks, approving strikes that might have been vetoed in the past for fear of angering Islamabad.
RT @tweetmommybop: My teen daughter was asked by her doctor when was her last menstrual period. She said “it’s regular, no need for dates”.… 5 hours ago