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The Latest Opinions From Bloomberg View


November 21, 2014

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Immigration

The Editors: "For a guy who was finally fulfilling a promise he first made more than six years ago, President Barack Obama didn't seem too happy about it." Maybe that's because he knows his plan to defer deportations for about 5 million undocumented immigrants "is a partial and temporary fix that is likely to make Washington a meaner, smaller place."
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Megan McArdle: There's a perfect word to describe President Barack Obama's speech yesterday, "and that word is 'blatherskite.' He was supposed to be explaining his actions to regularize the status of millions of undocumented immigrants; what he delivered was a festival of glorious nonsense."
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Francis Barry: "Instead of extending an olive branch to the incoming Republican majority in Congress, President Barack Obama is pushing the nuclear button."Read more...

Lanhee Chen:Obama's executive action is "a naked political maneuver that he hopes will shore up support for Democrats among Latino voters and re-energize the party's base after its beating in the elections this month."
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Francis Wilkinson:"To understand the case for or against immigration amnesty you have to start with The Fact: There are an estimated 11 million undocumented immigrants living in the U.S."
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Christopher Flavelle:"On its face, immigrating to the U.S. can't be that hard; last year 990,553 people got green cards (becoming 'lawful permanent residents,' in the official terminology). But fully two-thirds of those were sponsored by family members already in the country legally."
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QuickTake:Background on the U.S. immigration debate:
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Civil Rights

The Editors: "There is good reason to worry about what will happen in Ferguson after a grand jury decides whether to indict police officer Darren Wilson in the August shooting death of 18-year-old Michael Brown." Attorney General Eric Holder's presence "can help convey to demonstrators that their voices will be heard."
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Wall Street

Matt Levine: "I am still digesting the giant Senate report on banks and commodities, but it's worth starting with the fun part: the Senate's version of the Goldman aluminum warehouse scam."
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Health-Care Reform

McArdle: "I've complained at great length about the Barack Obama administration's lack of transparency surrounding the Affordable Care Act. But I don't even know what to say about this latest revelation, courtesy of Bloomberg News's own Alex Wayne: The administration counted stand-alone dental plans in order to claim that 7.3 million people had signed up during the first open enrollment period."
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Banking

Leonid Bershidsky: "A paper in the prestigious journal Nature shows that bankers tend to lie and cheat in their professional roles. ... The phenomenon they describe has more to do with the power of money in general than with just the culture of the financial industry."
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Sports

Kavitha A. Davidson: "Adam Silver has spent his first year as National Basketball Association commissioner trying to separate himself from the pack in almost every way."
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Latin America

Mac Margolis: "Like their rich world peers, Brazilian politicians have learned to promise the moon while on the stump and, once elected, beam the bill to Earth. So no surprise that all contenders in Brazil's recent presidential race vowed to care for the elderly and provide dignified pensions for all without busting the national budget."
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Asia

William Pesek:"Plenty of economists are warning that Europe could soon look like stagnant Japan. In fact, Japan could stand to look a little more European -- or, to be more precise, more German."
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Adam Minter:"On Dec. 6, nervous teenagers around the world will sit down to take the SAT. Most will succeed or fail honestly. Others, particularly in Asia, may well have bought the answers beforehand."
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