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The Latest Opinions From Bloomberg View

September 9, 2014

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EUROPE
The Editors:"The rest of the country has just woken up to the idea that Scotland might decide next week to dissolve the U.K. A referendum on Sept. 18 will ask the question: 'Should Scotland be an independent country?' For the first time, a new poll shows the 'Yes' campaign slightly ahead. Perhaps, in what little time remains before the vote, there can be a serious discussion of this choice."
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SPORTS
Kavitha A. Davidson:"TMZ's leak of elevator security-camera footage of Ray Rice beating Janay Palmer was the straw that finally broke the star running back. It's a shame it took this long."
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Stephen L. Carter:"As always on the first weekend of the professional football season, journalists and fans alike wondered excitedly how highly touted new rookies such as Johnny Manziel and Jadeveon Clowney would perform. But in our exhilaration over the new, let's not forget the old. The rookies who enter the National Football League each year take the place of others who depart the league. What happens to them?"
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WALL STREET
Matt Levine:"The art of pricing an IPO is not about correctly estimating the value of the company, but about correctly estimating what people will pay for it. ... Alibaba's not going to get lucky with one or two big excessively bullish orders here. It will need dozens."
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POLITICS
Megan McArdle:"We like studies and facts that confirm what we already believe, especially when what we believe is that we are nicer, smarter and more rational than other people. ... When we are presented with what seems to be evidence for these propositions, we don't tend to investigate it too closely. The temptation is common to all political persuasions, and it requires a constant mustering of will to resist it."
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REAL ESTATE
Jonathan J. Miller:"One of the byproducts of the global financial crisis has been the creation of a new class of housing and buyers. Some of the strongest evidence is the rise in the number of residences sold for more than $50 million."
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WHITE HOUSE
Jonathan Bernstein:Yesterday was the 40th anniversary of President Gerald Ford's pardon of Richard Nixon. "Rick Perlstein argues that the pardon was the event 'that really changed the world.' I don't see it."
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CIVIL RIGHTS
The Editors:"Getting more affluent white people to buy tickets to a professional basketball game is not the cause for which civil-rights pioneers suffered and died half a century ago. Nevertheless, the very effort represents a kind of progress, albeit a clumsy one. Consider the curious case of Bruce Levenson, the majority owner of the Atlanta Hawks basketball team."
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UKRAINE CRISIS
Leonid Bershidsky:"It may seem that the response of the U.S. and European Union to Russian President Vladimir Putin's Soviet revanchism is entirely ad hoc and reactive. There is, however, a logic to it that even Putin appears to accept, if not acknowledge, which is that Europe has in effect been divided into three castes."
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MIDTERM ELECTIONS
Francis Barry:"On Election Day, voters in four states -- Alaska, Arkansas, Nebraska and South Dakota -- will decide whether to raise their minimum wages above the federal floor of $7.25 an hour. All four lean heavily Republican, yet early polling suggests the proposals are likely to pass."
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IMMIGRATION
Lanhee Chen:"Immigration reform has never been a priority for President Barack Obama. ... This year, rather than working with pro-reform Republicans such as Representatives Kevin McCarthy and Paul Ryan on bipartisan, permanent changes, he said he would act unilaterally on immigration by the end of the summer. It should now come as no surprise that the president decided to delay this executive action until after the midterm elections in November. This decision is entirely political."
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SPACE
Adam Minter:"If 'Titanic' director James Cameron were to dig up a giant gold nugget on an asteroid, would it be his to take back to Earth and sell? U.S. and international law are just a bit unclear on this point, and as a result two members of Congress have introduced legislation -- the Asteroids Act -- that the House plans to hold hearings on this week. For a Congress often criticized for not being farsighted enough, this might be thinking too far ahead."
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