here is how adverse selection is explained with life insurance and smokers/non smokers

The term "adverse selection" was originally used in insurance. It describes a situation where an individual's demand for insurance is positively correlated with the individual's risk of loss.

This can be illustrated by the link between smoking status and mortality. Non-smokers typically live longer than smokers. If a life insurance company does not vary prices according to smoking status, its life insurance will be more valuable for smokers than for non-smokers. Smokers will have greater incentives to buy insurance from that company and will purchase insurance in larger amounts than non-smokers. As smokers are at higher risk of early death due to their smoking status, and more smokers than non smokers will purchase life insurance, the average mortality rate increases. This increase means the insurer will spend more on policy payments, leading to losses.

In response, the company may increase premiums. However, higher prices cause rational non-smoking customers to cancel their insurance. The higher prices combined with their lower risk of mortality make life insurance uneconomic for non-smokers. This can exacerbate the adverse selection problem. As more smokers take out life insurance policies and increase the insurer's mortality rate, its prices will continue to rise, which in turn will mean fewer non-smokers will purchase insurance. Eventually, the higher prices will push out all non-smokers and the insurer will also be unwilling to sell to smokers. No more interactions will take place, and the life insurance market will collapse.

https://www.huffingtonpost.com/entry/safeguarding-americas-health-system-from-sabotage_us_5a1ecf33e4b0e37da0447b66

Susan Blumenthal, M.D., Contributor

Public Health Editor, The Huffington Post; Former U.S. Assistant Surgeon General

Repealing the Individual Mandate would not only create an influx of adverse-selection by depleting the Marketplace of many young and healthy individuals who abandon the Marketplace while seeking “skimpy” insurance plans, but might also result in the Marketplace becoming victim to an exodus of individuals abandoning purchasing health insurance altogether. On November 26, 2017, the CBO reported that repealing the ACA’s Individual Mandate might increase the number of uninsured Americans by 4 million by 2019 and by 13 million by 2027 while reducing the federal budget deficit by less than originally forecast. Sick and older Americans, some of the most vulnerable individuals needing insurance coverage, would likely remain in the Marketplace and be subject to higher premium prices — projected to increase an additional 10 percent over the next decade — resulting from instability caused by adverse-selection.

WHY ARE AMERICAS FARMERS KILLING THEMSELVE IN RECORD NUMBERS

https://www.theguardian.com/us-news/2017/dec/06/why-are-americas-farmers-killing-themselves-in-record-numbers


Last year, a study by the Centers for Disease Control and Prevention (CDC) found that people working in agriculture – including farmers, farm laborers, ranchers, fishers, and lumber harvesters – take their lives at a rate higher than any other occupation. The data suggested that the suicide rate for agricultural workers in 17 states was nearly five times higher compared with that in the general population.

After the study was released, Newsweek reported that the suicide death rate for farmers was more than double that of military veterans. This, however, could be an underestimate, as the data collected skipped several major agricultural states, including Iowa. Rosmann and other experts add that the farmer suicide rate might be higher, because an unknown number of farmers disguise their suicides as farm accidents.

The US farmer suicide crisis echoes a much larger farmer suicide crisis happening globally: an Australian farmer dies by suicide every four days; in the UK, one farmer a week takes his or her own life; in France, one farmer dies by suicide every two days; in India, more than 270,000 farmers have died by suicide since 1995.

John Dowd, President Trump's personal lawyer, tells me that a Trump tweet that caused an eruption yesterday was "my mistake," made in a tweet he had drafted and passed to White House social media director Dan Scavino.

Sedition:

Congress has passed laws creating related offenses that punish conduct that undermines the government or the national security, such as sedition in the 1798 Alien and Sedition Acts, or espionage and sedition in the Espionage Act of 1917, which do not require the testimony of two witnesses and have a much broader definition than Article Three treason. Some of these laws are still in effect. Some well-known spies have been convicted of espionage rather than treason.

https://www.buzzfeed.com/talalansari/massive-document-leak-reveals-use-of-tax-havens-by-trumps?utm_term=.vgDWR6qLk#.taeA3GnXV


A massive leak of financial documents appears to reveal that many of US President Donald Trump's advisors, members of his cabinet, and donors hold accounts in offshore tax havens. Those individuals include US secretary of state Rex Tillerson, Treasury Secretary Steve Mnuchin and Trump's ambassador to Russia Jon Huntsman, among others, according to reports.

The leaked documents also show that Trump's commerce secretary, Wilbur Ross, retained business investments with a Russian shipping company with ties to a Russian oligarch subject to US sanctions, and Vladimir Putin's son-in-law, according to the New York Times.

The massive leak of 13.4 million financial documents also paints of a picture of how the world's most powerful individuals and companies — from the Queen of England to Apple — use and benefit from offshore tax havens.

The documents, obtained by the German newspaper Süddeutsche Zeitung, come a year after the Panama Papers similarly revealed the inner workings of offshore tax havens. As with the Panama Papers, Süddeutsche Zeitung handed over the 1.4 terabytes of data to the International Consortium of Investigative Journalists (ICIJ), which then distributed the documents to around 100 media outlets around the world.

"Many of the stories focus on how politicians, multinationals, celebrities and high-net-worth individuals use complex structures of trusts, foundations and shell companies to protect their cash from tax officials or hide their dealings behind a veil of secrecy," wrote the BBC, one of the media outlets that received documents from the ICIJ.

https://www.corker.senate.gov/public/index.cfm/iran-nuclear-agreement-review-act

“After more than a year of bipartisan work and a veto threat from the White House, I am pleased to see this bill become law so that any final nuclear agreement with Iran will have to go through Congress where the American people will have a say and lawmakers will have a vote,” said Corker. “I appreciate the strong bipartisan support for this effort that demonstrates Congress’s determination to prevent Iran from getting a nuclear weapon. With the role of Congress now guaranteed, the administration must address the many significant concerns raised by Congress, and our negotiators should take advantage of the added leverage to force further concessions from the Iranians so that any agreement reached is verifiable, enforceable and can assure the American people Iran will not be able to develop a nuclear weapon.”

https://www.washingtonpost.com/blogs/post-live/wp/2017/07/26/transcript-securing-tomorrow-with-david-ignatius-and-sen-bob-corker/?utm_term=.eadf721b89b7

The Iranian agreement requires that the President certifies their compliance every 120 days. The ONLY reason that Trump hasn't decertified is because that Corker keeps saying "they are in compliance:

So you look at where we are, there’s some nuance to this certification. What it actually says is that they are implementing the deal. Iran is implementing the deal. They do have technical violations that take place. Most of them have not been what I would—it’s like a loan covenant. This is the way I’ve talked to the president, “Mr. President, we’re in loan covenant.” There’s a technical issue and then there are material breaches that matter, right? Well, right now, they’ve had some technical non-compliance but they get back into compliance from time-to-time.

http://www.cnn.com/2017/08/17/politics/bob-corker-criticizes-trump-charlottesville/index.html

"The President has not yet been able to demonstrate the stability nor some of the competence that he needs to demonstrate in order to be successful," Corker said, according to a video posted by local news website Nooga.com.
"He has not demonstrated that he understands what has made this nation great and what it is today, and he's got to demonstrate the characteristics of a president who understands that," Corker added.

https://www.nbcnews.com/meet-the-press/video/full-corker-won-t-support-gop-tax-plan-if-it-adds-to-deficit-1059037763567


In an exclusive interview on Meet the Press, Sen. Bob Corker (R-Tenn.) tells Chuck Todd that if the GOP’s new tax reform plan adds a penny to the deficit he won’t support it.

Meanwhile, his eldest son caused a furor as he lashed out at a website that criticized his lavish lifestyle with a Facebook post signed off with emoji of a raised middle finger and a pile of excrement.