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The Latest Opinions From Bloomberg View


October 20, 2014

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Asia

The Editors: "The 'Where's Waldo?' speculation over Kim Jong Un's six-week vanishing act -- was he ill? under house arrest? in a cheese coma? -- might have been funny if it hadn't involved the leader of a harsh dictatorship with a 1.2 million-man military, nuclear weapons, and enough firepower to incinerate Seoul within minutes. Now that North Korea's supreme leader has resurfaced, it's time for U.S. and South Korean leaders to sit down and talk with their North Korean counterparts."
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The Editors: Incoming Indonesian President Joko Widodo "has much in common with his U.S. counterpart: a winning smile, popularity among the young, an outsider reputation -- and an opposition bent on sabotaging his chances of success. To avoid the kind of political gridlock that has hamstrung Barack Obama in the past several years, Widodo will have to move quickly and, where possible, unilaterally."
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Politics

Albert R. Hunt:"I've know Ron Klain for years, respecting him as a smart operative who understands the nexus of politics and policy." His selection by President Barack Obama as the "Ebola czar" is a bad choice "that will not stop the Democrats' political problems on this issue."
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SENATE BATTLEGROUND

Hunt: "If Republicans are in control of both houses of Congress next year -- which is looking probable two weeks before the elections -- House Speaker John Boehner and Senate Republican leader Mitch McConnell could use some guidance from North Carolina: Don't overreach."
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Federal Reserve

Clive Crook: "Last week's financial-market gyrations sent me back to one of my favorite books about the crash. Its wisdom seems freshly relevant. 'Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism' by George Akerlof and Robert Shiller (both Nobel laureates) was published in 2009."
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