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The Latest Opinions From Bloomberg View


December 3, 2014

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Declassified

Eli Lake and Josh Rogin:John McCain, the Republican who will head the Senate Armed Services Committee in the new Congress, wrote toAttorney General Eric Holder yesterday "to demand the Justice Departmentend its two-year investigation into former Central Intelligence AgencyDirector DavidPetraeus, one way or the other."
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Lake and Rogin:"With President Barack Obama's expected nomination of Ashton Carter to be his next secretary of defense, many Republicans see a potential ally inside the Pentagon."
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Military

The Editors:"Carter's expertise, which is considerable, is more managerial than political. At any rate, by all accounts -- particularly those of Obama's former secretaries Robert Gates and Leon Panetta -- the micromanagement of policy by the president and his closest advisers leaves little space for even a strong-willed Pentagon chief to make much difference. Thus Carter seems like the right man for a job nobody else wanted."
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Health-Care Reform

Christopher Flavelle: "After I wrote last week that the Affordable Care Act is achieving its goals without raising the cost of employer-based insurance, many readers wrote to tell me I was out of my mind. ...What explains this seemingly widespread belief that Obamacare is driving up costs?"
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Ferguson

The Editors: "The president announced a series of actions yesterday to address the national debate over race and policing that turned violent in Ferguson, Missouri, last week. They don't amount to much."
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Law

Noah Feldman:Larry Whitfield"was convicted of the federal crime of forcing someone to accompany him while in the act of a bank robbery. ...Now, the Supreme Court will decide whether the prosecutors overreached -- and therein lies an intriguing legal tale."
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Wall Street

Matt Levine:Uber is seeking "to raise several hundred million dollars from Goldman Sachs private wealth management clients. ...This round of private fundraising lets Uber access most of the investor classes that it could have accessed in a public offering."
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Katie Benner: "The Uber story of 2014 -- filled with a Goldman private placement deal, a series of public relations setbacks and privacy-related backlashes -- feels very much like the Facebook story of 2011."
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Politics

Megan McArdle:"The Wall Street Journal is calling for the Congressional Budget Office and the Joint Committee on Taxation to be disbanded, because they are essentially liberal institutions created to serve Democrats. ... Republicans would be deeply foolish to attack these institutions."
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Jonathan Bernstein:"The reason the CBO was invented wasn't about larger or smaller government; it was to give Congress enough technical information so the politicians on Capitol Hill could effectively compete with the politician in the White House who has the Office of Management and Budget, a Council of Economic Advisers and other staff providing him with technical information."
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Margaret Carlson:"Question for Speaker John Boehner: Are you better off than you were a month ago? Yes, yes, yes. ... Before him now lies a shot at fulfilling his dream of greatness."
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Foreign Policy

James Gibney:"Senator Ted Cruz thinks that foreign policy could be a strength for him in a possible 2016 presidential run." If his "keynote" speech to a Weekly Standard/Concerned Veterans for America event yesterdayis any indication, however, "his day job is looking like a keeper."
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Leonid Bershidsky:"Hard to believe, but Sony executives and U.S. spies suspect that the huge hack that has taken Sony Pictures' office offline for more than a week was the handiwork of North Koreans as retaliation for a yet-unreleased comedy produced by the studio."
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Culture

Bernstein:"The approach of the new 'Star Wars' movie means new opportunities to write about politics in that far, far, faraway galaxy."
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