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The Latest Opinions From Bloomberg View

September 16, 2014

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IMMIGRATION
The Editors:"Sweden's center-right government has given its electorate lower taxes, strong economic growth and low public debt in its eight years in power. So its defeat in Sunday's parliamentary election, and the rise of an ultra-right-wing anti-immigration party, needs some explaining. No doubt a rising unemployment rate played a role."
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2016 ELECTIONS
Ramesh Ponnuru:"Over the weekend, Hillary Clinton went to Iowa for the first time since she lost the caucuses there in 2008. If her remarks there are any indication, she's planning to campaign for president in 2016 on two themes: the war on women and middle-class economic struggles."
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WALL STREET
Matt Levine:"Here is a quite wonderful post by Tracy Alloway at FT Alphaville about the Federal Home Loan Banks and the Liquidity Coverage Ratio. The issue, as it always is, is that: everyone wants banks to be safe, but everyone wants banks to do banking stuff."
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FOREIGN POLICY
The Editors:"Three months after its presidential election -- and two months after U.S. Secretary of State John Kerry brokered an agreement to resolve the dispute that arose from it -- Afghanistan's new president has yet to take office. Announcement of the official winner, expected last week, keeps getting delayed. Afghanistan can't afford this deadlock, and Afghans don't deserve it."
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TECH
Leonid Bershidsky:"Last week, the German weekly Der Spiegel reported another Snowden leak concerning an NSA program called Treasure Map -- an alleged attempt to map the entire Internet, including each end-user device. ... Treasure Map could take Germany's problems with NSA intelligence-gathering to a whole new level."
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SPORTS
Kavitha A. Davidson:"Since the news of Adrian Peterson's indictment for beating his son came down late Friday afternoon, people have been clamoring to figure out where the line is in disciplining a child and how the NFL will react amid heightened post-Ray Rice scrutiny. The Minnesota Vikings took a necessary step by not waiting for league action, deactivating Peterson for Sunday's game against the New England Patriots. That didn't last long."
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Stephen L. Carter:The calls for NFL Commissioner Roger Goodell to resign "are mounting, and the league's choice for its outside investigator is taking flak before the investigation has begun. Against this background, the sportswriter Bill Simmons has mentioned a route by which Goodell might change the narrative: The commissioner could admit that he has become a distraction, and announce that for the good of the sport he is taking a six-month leave of absence while the investigation plays out."
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CONGRESS
Jonathan Bernstein:"There's one huge misreading of history that I see all the time from liberals and conservatives and that is always worth debunking because it makes it more difficult to understand the proper context for the Washington gridlock. ... It's true that Democrats won a House majority in 1930 and held it, with only two, two-year exceptions, until the 1994 election. But it isn't true that liberal Democrats maintained long majorities in the House."
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FOOD
Mark Gilbert:"Surge is back. The citrus-flavored soda Coca-Cola Co. introduced in 1996 and scrapped about 12 years ago is being revived, albeit only in 12-packs available from Amazon.com Inc. ... So the Trade of the Day is to slip into a Cool Britannia T-shirt (before Scotland forces a redesign of the Union Jack), slide No Doubt's 'Don't Speak' into the CD player, and party like it's 1996 with a can of Surge."
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INVESTING
Barry Ritholtz:"Great investors are like great chefs. So says Laszlo Birinyi, founder and president of Birinyi Associates, in this week's Masters in Business podcast. Rather than take a shopping list to the supermarket, the best chefs go to market and see what is freshest."
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