Subject: Share the View -- Shock and Awe
From: "Bloomberg View" <[email-masked]>
To: "Hunter" <[email-masked]>
Date: Fri, 22 Jun 2012 08:59:59 +0000

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Share the View -- Bloomberg View
A Quick Look at Bloomberg News's Opinion Section for June 22, 2012
STEPHEN CARTER: "Lighten up" about the Affordable Care Act. It's
unlikely the Supreme Court will strike it down. And if it does, well,
"The courts have struck down statutes before, including big and
important ones, and have often upset the working balance of government
powers." [Link]
  Links:
    1. http://us2.campaign-archive1.com/?u=98bac6cd6075b07f398b277fa&id=b79f8a0a2e&e=002874f745
    2. http://www.bloomberg.com/news/2012-06-21/can-everyone-please-lighten-up-about-the-supreme-court-.html

WILLIAM PESEK: Yoshihiko Noda's drive to end Japan's nuclear freeze
despite the opposition of the majority of the country shows "the
handiwork of a leader beholden to Japan's powerful utilities and bereft
of fresh ideas." [Link]
  Links:
    3. http://www.bloomberg.com/news/2012-06-21/debt-nuclear-plants-signal-brewing-japanese-crisis.html

JONATHAN ALTER: "Across the country, the Republicans' carefully
orchestrated plan to make voting harder -- let's call it the Voter
Suppression Project -- may keep just enough young people and minorities
from the polls that Republicans will soon be in charge of all three
branches of the federal government."
[Link]
CARL POPE: "The terms of a global low-carbon deal are there for the
taking: Developed nations can help finance low-carbon projects in
emerging economies at U.S. or EU interest rates." In many hard-to-reach
locales in emerging nations, "the price of renewables is most
competitive." [Link]
CHRISTOPHER SWIFT: Will Yemen become the next Afghanistan? Not if the
U.S. undertakes a few modest initiatives. The U.S. should "finance
Yemeni efforts to mediate tribal disputes through local religious and
nongovernmental organizations," embrace "the tribal and community-based
militias that have recently gained strength in several southern
provinces" and " give local decision makers a stake in Yemen’s
political transition." [Link]
  Links:
    4. http://www.bloomberg.com/news/2012-06-21/republicans-voter-suppression-project-grinds-on.html
    5. http://www.bloomberg.com/news/2012-06-21/the-global-poor-can-lead-the-solar-revolution.html
    6. http://www.bloomberg.com/news/2012-06-21/to-defeat-al-qaeda-win-in-yemen.html

JONATHAN WEIL: There's a problem with the accounting rules JPMorgan
used to book gains while reporting its recent trading losses. These
rules "create needless complexity for investors, along with ample
opportunities for companies to manipulate the timing and size of their
earnings." [Link]
  Links:
    7. http://www.bloomberg.com/news/2012-06-21/jpmorgan-s-profit-is-scarier-than-its-loss.html

THE EDITORS: Rising subsidies for fossil fuels, which keep their prices
below market rates and discourage measures to improve energy
efficiency, could cost the world $660 billion by 2020. We need to:
"Phase out fossil-fuel subsidies and, in the process, replace them with
financial support for energy-efficiency efforts and renewable power."
[Link] And in Europe, THE EDITORS write, "It's time for shock and
awe." Expectations are running high in advance of meetings of European
Union leaders this weekend, "which is good, because Europe’s leaders
need pushing, and they know it would be risky to disappoint the markets
again." [Link]
  Links:
    8. http://www.bloomberg.com/news/2012-06-21/end-the-subsidies-of-fossil-fuel.html
    9. http://www.bloomberg.com/news/2012-06-21/merkel-s-next-step-shock-and-awe.html

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