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What Does the U.S. Chamber of Commerce Stand For?
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Apr 08, 2016
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<td style="padding-left: 15px; padding-right: 15px"><h2 style="font-fam=ly:'Arial Black', sans-serif;font-weight:bolder;color:#444444;font-size:17=x;line-height:1.6em;margin-bottom:0">U.S. Chamber of Commerce Goes for the=Extreme</h2>
<p style="font-family:Georgia, serif;font-weight:normal;color:#333333;fon=-size:17px;line-height:1.6em;text-transform:none"><span class="topic-cha=ter">It's the largest lobbying group in the country, but who does it reall= represent? The U.S. Chamber of Commerce is decidedly at odds with its mem=ers when it comes to climate change, tobacco and even the minimum wage. <s=rong><a href="http://link.mail.bloombergview.com/click/6461921.26331/aHRovL3d3dy5ibG9vbWJlcmd2aWV3LmNvbS9hcnRpY2xlcy8yMDE2LTA0LTA3L3Utcy1jaGFtYm=yLW9mLWNvbW1lcmNlLWdvZXMtZm9yLXRoZS1leHRyZW1l/55086a4c3b35d051538c37ccB621Wc5" style="text-decoration:none;color:#00b9e7;line-height:1.6em">Barry=Ritholtz examines</a> </strong>how the organization transformed itself fro= an advocate for business to a conservative think tank.</span></p>
<h2 style="font-family:'Arial Black', sans-serif;font-weight:bolder;color=#444444;font-size:17px;line-height:1.6em;margin-bottom:0">The MetLife Ruli=g Puts America at Risk</h2>
<p style="font-family:Georgia, serif;font-weight:normal;color:#333333;fon=-size:17px;line-height:1.6em;text-transform:none">Is the U.S.'s largest li=e insurer too big to fail? Regulators thought so, deeming MetLife a <a hre="http://link.mail.bloombergview.com/click/6461921.26331/aHR0cDovL3d3dy5=bG9vbWJlcmcuY29tL25ld3MvYXJ0aWNsZXMvMjAxNS0wNi0wNC9tZXRsaWZlLWNmby1zYXlzLW=sb2JhbC1yZWd1bGF0b3JzLWJsdW5kZXItaW4tZGVmaW5pbmctc3lzdGVtaWM/55086a4c3b35dQ538c37ccBad072177" style="text-decoration:none;color:#00b9e7;line-heig=t:1.6em">"systemically important financial institution"</a> needing extra =crutiny after the 2008 financial crisis. But last week, a federal judge <a=href="http://link.mail.bloombergview.com/click/6461921.26331/aHR0cDovL3d=dy5ibG9vbWJlcmcuY29tL25ld3MvYXJ0aWNsZXMvMjAxNi0wMy0zMC9tZXRsaWZlLXdpbnMtY2 nQtcnVsaW5nLXJlbW92aW5nLWZzb2Mtcy10b28tYmlnLXRvLWZhaWwtdGFnLWltZXlpbzZ6/P86a4c3b35d051538c37ccBb5ab05e6" style="text-decoration:none;color:#00b;line-height:1.6em">struck down</a> that designation, in a ruling that c=uld have far-reaching effects. <strong><a href="http://link.mail.bloombe=gview.com/click/6461921.26331/aHR0cDovL3d3dy5ibG9vbWJlcmd2aWV3LmNvbS9hcnRp=2xlcy8yMDE2LTA0LTA3L21ldGxpZmUtcnVsaW5nLXB1dHMtZmluYW5jaWFsLXN5c3RlbS1hdC1=aXNr/55086a4c3b35d051538c37ccBa92e21c8" style="text-decoration:none;colo=:#00b9e7;line-height:1.6em">Mark Whitehouse says</a></strong> it's a blow =o the reforms designed to protect millions of Americans from the next fina=cial crisis.</p>
<h2 style="font-family:'Arial Black', sans-serif;font-weight:bolder;color=#444444;font-size:17px;line-height:1.6em;margin-bottom:0">Is America Vergi=g on a New Age of Monopolies?</h2>
<p style="font-family:Georgia, serif;font-weight:normal;color:#333333;fon=-size:17px;line-height:1.6em;text-transform:none"><span class="topic-cha=ter">Monopolies are no fun and games for economic growth, as any first-yea= econ student can tell you, and some analysts think lack of competition is=holding back the U.S. recovery. <strong><a href="http://link.mail.bloomb=rgview.com/click/6461921.26331/aHR0cDovL3d3dy5ibG9vbWJlcmd2aWV3LmNvbS9hcnR=Y2xlcy8yMDE2LTA0LTA3L21vbm9wb2xpZXMtYXJlLW5vLWZ1bi1hbmQtZ2FtZXMtZm9yLXRoZS=1LXMtZWNvbm9teQ/55086a4c3b35d051538c37ccBc6bf3cad" style="text-decoratio=:none;color:#00b9e7;line-height:1.6em">Noah Smith examines</a></strong> th= evidence and finds reason to worry.</span></p>
<h2 style="font-family:'Arial Black', sans-serif;font-weight:bolder;color=#444444;font-size:17px;line-height:1.6em;margin-bottom:0">Petty Sniping Do=sn't Look Very Presidential</h2>
<p style="font-family:Georgia, serif;font-weight:normal;color:#333333;fon=-size:17px;line-height:1.6em;text-transform:none"><span class="topic-cha=ter">The Democratic candidates' <a href="http://link.mail.bloombergview.=om/click/6461921.26331/aHR0cDovL3d3dy5ibG9vbWJlcmcuY29tL3BvbGl0aWNzL2FydGl=bGVzLzIwMTYtMDQtMDcvc2FuZGVycy1hcmd1ZXMtY2xpbnRvbi1ub3QtcXVhbGlmaWVkLXRvLW=lLXByZXNpZGVudA/55086a4c3b35d051538c37ccB67c7787e" style="text-decoratio=:none;color:#00b9e7;line-height:1.6em">quarrel</a> over which one is "qual=fied" to be president has some analysts <a href="http://link.mail.bloomb=rgview.com/click/6461921.26331/aHR0cDovL3d3dy5wb2xpdGljby5jb20vc3RvcnkvMjA=Ni8wNC9kZW1vY3JhdHMtYmVybmllLXNhbmRlcnMtaGlsbGFyeS1jbGludG9uLWNoYW9zLTIyMT=4NA/55086a4c3b35d051538c37ccB41486c63" style="text-decoration:none;color=#00b9e7;line-height:1.6em">worrying</a> about a schism in the party. <stro=g><a href="http://link.mail.bloombergview.com/click/6461921.26331/aHR0cD=vL3d3dy5ibG9vbWJlcmd2aWV3LmNvbS9hcnRpY2xlcy8yMDE2LTA0LTA3L2NsaW50b24taXMtbLXF1YWxpZmllZC1zYW5kZXJzLXdpbGwtcmVncmV0LXRoYXQtc3dpcGU/55086a4c3b35d0518c37ccB16ed5169" style="text-decoration:none;color:#00b9e7;line-height:=.6em">Jonathan Bernstein believes</a></strong> the spat is less significan= than it seems, while <strong><a href="http://link.mail.bloombergview.co=/click/6461921.26331/aHR0cDovL3d3dy5ibG9vbWJlcmd2aWV3LmNvbS9hcnRpY2xlcy8yMLTA0LTA3L3NhbmRlcnMtbGlrZS1jbGludG9uLWhhcy13aGF0LWl0LXRha2Vz/55086a4c3b351538c37ccB9cd31d2d" style="text-decoration:none;color:#00b9e7;line-he=ght:1.6em">Leonid Bershidsky suggests</a></strong> all the candidates who'=e made it this far are all "qualified" (with one major exception). </span>=/p>
<h2 style="font-family:'Arial Black', sans-serif;font-weight:bolder;color=#444444;font-size:17px;line-height:1.6em;margin-bottom:0">Read the Law, Ju=ge. Marijuana Is a Sacrament. </h2>
<p style="font-family:Georgia, serif;font-weight:normal;color:#333333;fon=-size:17px;line-height:1.6em;text-transform:none"><span class="topic-cha=ter">A U.S. appeals court has <a href="http://link.mail.bloombergview.co=/click/6461921.26331/aHR0cHM6Ly9jZG4uY2E5LnVzY291cnRzLmdvdi9kYXRhc3RvcmUvb=BpbmlvbnMvMjAxNi8wNC8wNi8xNC0xNTE0My5wZGY/55086a4c3b35d051538c37ccB3b4f706=" style="text-decoration:none;color:#00b9e7;line-height:1.6em">ruled</a>=against members of a Hawaii church who want to use cannabis in religious r=tes. <strong><a href="http://link.mail.bloombergview.com/click/6461921.231/aHR0cDovL3d3dy5ibG9vbWJlcmd2aWV3LmNvbS9hcnRpY2xlcy8yMDE2LTA0LTA3L3JlYW=tdGhlLWxhdy1qdWRnZS1wb3QtaXMtYS1zYWNyYW1lbnQ/55086a4c3b35d051538c37ccB202cKb" style="text-decoration:none;color:#00b9e7;line-height:1.6em">Noah F=ldman says</a></strong> the judge's<strong> </strong>logic is warped, and =uggests a judicial double standard when it comes to religious liberty. </s=an></p>
<h2 style="font-family:'Arial Black', sans-serif;font-weight:bolder;color=#444444;font-size:17px;line-height:1.6em;margin-bottom:0"><span class=""=Ritholtz's Reads</span></h2>
<ul style="padding:0px;margin-top:0px;margin-left:25px;margin-right:0px;m=rgin-bottom:0px">
<li style="font-family:Georgia, serif;font-weight:normal;color:#333333;fo=t-size:17px;line-height:1.6em">Why are voters angry? It's the 1099 economy= stupid. (<a href="http://link.mail.bloombergview.com/click/6461921.2633=/aHR0cHM6Ly9uZXdyZXB1YmxpYy5jb20vYXJ0aWNsZS8xMzI0MDcvdm90ZXJzLWFuZ3J5LWl0c=0xMDk5LWVjb25vbXktc3R1cGlk/55086a4c3b35d051538c37ccB5cdc8f01" style="tex=-decoration:none;color:#00b9e7;line-height:1.6em">New Republic</a>)</li>
<li style="font-family:Georgia, serif;font-weight:normal;color:#333333;fo=t-size:17px;line-height:1.6em">Wall Street dodged a bullet on the retireme=t fiduciary rule (<a href="http://link.mail.bloombergview.com/click/6461!.26331/aHR0cDovL2ZvcnR1bmUuY29tLzIwMTYvMDQvMDYvcmV0aXJlbWVudC1zYXZpbmdzL=ZpZHVjaWFyeS1ydWxlLw/55086a4c3b35d051538c37ccB45948985" style="text-deco=ation:none;color:#00b9e7;line-height:1.6em">Fortune</a>)</li>
<li style="font-family:Georgia, serif;font-weight:normal;color:#333333;fo=t-size:17px;line-height:1.6em"><span class="topic-chatter">What do share=buybacks really tell us about the stock market? <br>(<a href="http://lin=.mail.bloombergview.com/click/6461921.26331/aHR0cDovL2F3ZWFsdGhvZmNvbW1vbn=lbnNlLmNvbS8yMDE2LzA0L3doYXQtZG8tc2hhcmUtYnV5YmFja3MtcmVhbGx5LXRlbGwtdXMtY=JvdXQtdGhlLXN0b2NrLW1hcmtldC8/55086a4c3b35d051538c37ccB90e08145" style="=ext-decoration:none;color:#00b9e7;line-height:1.6em">A Wealth of Common Se=se</a>)</span></li>
</ul>
<p style="font-family:Georgia, serif;font-weight:normal;color:#333333;fon=-size:17px;line-height:1.6em;text-transform:none"><span class="topic-cha=ter"><span class="topic-chatter"><span class="topic-chatter"><span cla=s="topic-chatter"><span class="topic-chatter"><span class="topic-cha=ter"><span class="topic-chatter">(Read Barry Ritholtz's full <a href="=ttp://link.mail.bloombergview.com/click/6461921.26331/aHR0cDovL3d3dy5ibG9v=WJlcmd2aWV3LmNvbS9hcnRpY2xlcy8yMDE2LTA0LTA3L3JpdGhvbHR6LXMtcmVhZHMtZmlkdWN=YXJ5LXN0YW5kYXJkLWFuZC1uZWdhdGl2ZS1wb3dlcg/55086a4c3b35d051538c37ccB640cee=0" style="text-decoration:none;color:#00b9e7;line-height:1.6em">daily ne=s roundup</a>.)</span></span></span></span></span></span></span></p>
<h2 style="font-family:'Arial Black', sans-serif;font-weight:bolder;color=#444444;font-size:17px;line-height:1.6em;margin-bottom:0">Bloomberg Gadfly=/h2>
<ul style="padding:0px;margin-top:0px;margin-left:25px;margin-right:0px;m=rgin-bottom:0px">
<li style="font-family:Georgia, serif;font-weight:normal;color:#333333;fo=t-size:17px;line-height:1.6em">A <a href="http://link.mail.bloombergview=com/click/6461921.26331/aHR0cDovL3d3dy5ibG9vbWJlcmcuY29tL2dhZGZseS9hcnRpY2=lcy8yMDE2LTA0LTA3L3ByZW1pdW0tc21hcnRwaG9uZXMtYXJlLWJvb21pbmc/55086a4c3b35dQ538c37ccBf67724eb" style="text-decoration:none;color:#00b9e7;line-heig=t:1.6em">surprising fact</a> about the smartphone market</li>
<li style="font-family:Georgia, serif;font-weight:normal;color:#333333;fo=t-size:17px;line-height:1.6em">Jamie Dimon again <a href="http://link.ma=l.bloombergview.com/click/6461921.26331/aHR0cDovL3d3dy5ibG9vbWJlcmcuY29tL2=hZGZseS9hcnRpY2xlcy8yMDE2LTA0LTA3L2pwbW9yZ2FuLXMtZGltb24tdGFrZXMtYW5vdGhlc=1zd2luZy1hdC1kZWZlbmRpbmctYmlnLWJhbmtz/55086a4c3b35d051538c37ccB63d29f95" =tyle="text-decoration:none;color:#00b9e7;line-height:1.6em">goes to bat<=a> for the big banks</li>
<li style="font-family:Georgia, serif;font-weight:normal;color:#333333;fo=t-size:17px;line-height:1.6em">Don't get <a href="http://link.mail.bloom=ergview.com/click/6461921.26331/aHR0cDovL3d3dy5ibG9vbWJlcmcuY29tL2dhZGZseS=hcnRpY2xlcy8yMDE2LTA0LTA3L3ZhbGVhbnQtb3B0aW1pc20tc2hvdWxkLWJlLWNhdXRpb3Vz/P86a4c3b35d051538c37ccB1071d5df" style="text-decoration:none;color:#00b;line-height:1.6em">too optimistic</a> about Valeant just yet</li>
</ul>
<p style="font-family:Georgia, serif;font-weight:normal;color:#333333;fon=-size:17px;line-height:1.6em;text-transform:none"><span class="topic-cha=ter"><span class="topic-chatter"><span class="topic-chatter"><span sty=e="color: #333333; font-family: Georgia, serif; font-size: 17px; line-he=ght: 1.6em;">(Read more from BV's sister site for <a href="http://link.m=il.bloombergview.com/click/6461921.26331/aHR0cDovL3d3dy5ibG9vbWJlcmcuY29tL=dhZGZseS8/55086a4c3b35d051538c37ccB05a7d28f" style="text-decoration:none=color:#00b9e7;line-height:1.6em">fast business commentary</a>.)</span></sp=n></span></span></p></td>
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