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The Latest Opinions From Bloomberg View


December 10, 2014

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National Security

Leonid Bershidsky:"Now that the U.S. Senate report on the Central Intelligence Agency's torture practices is out, the question remains whether its revelations do anything to fill the global vacuum of moral authority, which the U.S. created by reacting so violently to the Sept. 11 attacks. Will the U.S. once again be the world's moral leader?"
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Read more on the torture report...

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Economics

The Editors:"Global markets shuddered yesterday as China and Greece reminded investors that the world economy remains fragile. It was a timely warning: Growing optimism about the U.S. recovery mustn't be allowed to obscure the danger."
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Noah Smith: "I'm generally a fan of the efficient markets hypothesis. .. But there are some important ways in which it fails, and it's fun when you can see these failures happen in real time."
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Foreign Policy

James Gibney:"President Barack Obama's approach to State Department appointments has deeper problems than garden-variety patronage. Political hirelings have been insinuated much lower into the department's bureaucracy."
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Climate Change

Cass R. Sunstein:"It is often said that people who don't want to solve the problem of climate change reject the underlying science, and hence don't think there's any problem to solve. But consider a different possibility: Because they reject the proposed solution, they dismiss the science."
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News Roundup

Matt Levine
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(Read the news roundup)

- Citi is a mess.
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- You know when was a bad time to take off your oil hedges?
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- Two $84 million bonuses are better than one.
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Barry Ritholtz
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(Read the news roundup)

- The price of gold in the year 2160:
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- Jack Bogle -- active investor in passive clothing:
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- Where are the economists' yachts?
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Zara Kessler on What's Popping

- Producer Scott Rudin allegedly
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called Angelina Jolie "a minimally talented spoiled brat." "The 7 Most Outrageous Things We Learned From the Sony Hack."
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- An associate professor at Harvard Business School was overcharged $4 by a Chinese restaurant. Then he declared war.
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- "Lena Dunham: Why I Chose To Speak Out."
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- "Bob Dylan to release Sinatra covers album."
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- Ebola fighters
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are Time's Person of the Year. And the nominees for the
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Screen Actors Guild Awards are...
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Katie Benner
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(Read the news roundup)

- There's been a lot of handwringing about the on-demand labor practices used by Uber, Lyft, TaskRabbit and other companies that match service providers with customers.
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- Bumble, the very Tinder-like dating app that was created by Whitney Wolfe, has launched.
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- Lending Club is going public and Inc. magazine's Maria Aspan wonders if the IPO will make fintech startups cool.
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Jonathan Bernstein
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(Read the news roundup)

- Digby at Hullabaloo on the Senate torture report and proposals for pardons:
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- Julia Azari at Mischiefs of Faction on the partisan implications of potential torture pardons:
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- Campaign Twitter is for ... journalists.
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Hillary Clinton

Albert R. Hunt:"Hillary Clinton, if she decides to run for president, would be among the oldest contenders for the office. Nonetheless, she has strong appeal among younger Americans."
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Cars

Edward Niedermeyer:"Thanks to luck, pluck and its brilliant execution of the Model S luxury sedan, Tesla has been flying high. ... But how long can it last?"
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Asian Economy

William Pesek:"Nearly two decades after America rolled out its strong-dollar mantra, Japan seems to have adopted the opposite chant."
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European Economy

Mark Gilbert:"The complicated and unstable politics of Greece have come down to a new moment of truth."
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FORWARD GUIDANCE

GetPaula Dwyer'sroundup of the top business issues of the day:
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