Subject: Share the View: Washington's Piggy Bank
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Fri, 07 Dec 2012 04:02:26 -0600

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SHARE THE VIEW

A quick look at Bloomberg News's opinion section

December 7, 2012 For more, visit 
http://click.email.bloomberg.com/?qs=0e697e2fc472d1a9f2b545f4f4d00ba05cbca75c18e25b03d35251773bb25c3e 
www.bloomberg.com/view 

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FROM THE EDITORS» 

U.S.:
"What does a U.S. immigration program have to do with the housing market? Nothing. Yet lawmakers are once again attempting to tap mortgage-finance giants Fannie Mae and Freddie Mac to fund unrelated legislation, this time to cover the cost of increasing the number of green cards for foreign graduates with advanced degrees. Fannie and Freddie, it seems, have become Washington's favorite piggy bank."

http://click.email.bloomberg.com/?qs=1e562a71e631d624966398ad2fb428787530752f7f626b3b285bd1b2e45b9a4a 
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Egypt: "The ability to lose gracefully is an element of a healthy political system so far lacking in Egypt's nascent democracy. The non-Islamist opposition doesn't like the draft constitution put forward by an Islamist-dominated assembly, and it knows the document, which is supported by President Mohamed Mursi, is likely to win approval in a Dec. 15 referendum. So it's determined to stop the vote -- protesting and threatening a general strike."

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COMMENTARY

http://click.email.bloomberg.com/?qs=1e562a71e631d624e5c0419f9b96889a864804ae6c5bcb57d200d04429fb6bcf 
Stephen L. Carter» 

"I've finally figured out why we spend so much time treating our political opponents as implacably evil. It's because Hollywood, which used to offer us villains we could love reviling, seems to have forgotten how to make its bad guys bad."

http://click.email.bloomberg.com/?qs=1e562a71e631d624cb9251538712df6770ae3034e50d7c5f391b92b65c16d888 
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http://click.email.bloomberg.com/?qs=1e562a71e631d624c1a5eaf657b01258171342178d401f82fb62d085f1a11e1d 
Jonathan Alter» 

"On Dec. 4, former Senate Majority Leader Bob Dole, an 89-year-old Republican whose right arm was shattered in combat during World War II, was wheeled into the Senate chamber by his wife to rally support for a United Nations treaty that should have been entirely unobjectionable."

http://click.email.bloomberg.com/?qs=1e562a71e631d624ea9b17f8634317fb3490f59a7f02ba4bb0440e8d1c79a4cf 
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http://click.email.bloomberg.com/?qs=1e562a71e631d624c2f19a254ea8df3a7adc5caafb4faa64d29165c3fc1efb9a 
Jonathan Weil» 

"One of the great debates to emerge from the financial crisis is whether the U.S. Congress should resurrect some form of the Depression-era Glass-Steagall Act and bring back the separation of commercial and investment banking. It should, but not for the reasons usually cited."

http://click.email.bloomberg.com/?qs=1e562a71e631d6248ee5b85e5cdcf660956e3f7828330ab848f2cb794d1ceea1 
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http://click.email.bloomberg.com/?qs=1e562a71e631d6247da75518a607f6c013fd2c73c52720a2b56ba4e13427fe19 
William Pesek» 

"New York's brush with developing-nation status is an even bigger warning for Asia than it is for the U.S. . . . The deadly floods and crippling power outages following Hurricane Sandy made for more than graphic television. They made a mockery of the climate-change deniers."

http://click.email.bloomberg.com/?qs=1e562a71e631d624df5450a40fa08ef9cd4e25198d5a31a7b0283125007df601 
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http://click.email.bloomberg.com/?qs=8459f5c1fbaa8323720edb12f4d22dc21a1604eac84a3c4a280eada35ba88bc1 
Ellis Cose» 

"In 2003, President Luiz Inacio Lula da Silva appointed Joaquim Barbosa to Brazil's Supreme Court, making him the first black Brazilian to serve on the court. Last week, Barbosa accepted the position of president, or chief justice. In Brazil, where Supreme Court sessions are televised, Barbosa has become a national celebrity and a symbol of Brazil's progress toward racial equality."
http://click.email.bloomberg.com/?qs=8459f5c1fbaa83232182ae2a791986d12e709cf7bfb2ed107c4a5e63a21ad5f1 
Read More» 

http://click.email.bloomberg.com/?qs=8459f5c1fbaa8323720edb12f4d22dc21a1604eac84a3c4a280eada35ba88bc1 
Bradley Belt, Jared Bernstein, William Gale, Phillip Swagel» 

"Fiscal policy must operate on two time tracks: providing near-term support for the still-fragile recovery, while driving the political system to address the long-term imbalance. We propose to let all tax cuts expire and temporarily offset the negative economic impact."

http://click.email.bloomberg.com/?qs=8459f5c1fbaa832326a3e76796951b7e1532ed0aab78ddef810e9e18ca128cd6 
Read More» 

FROM THE BLOGS

The Ticker

http://click.email.bloomberg.com/?qs=8459f5c1fbaa83238762ed3865d6f3faa508c9c8c83315359b19835e4714a5ab 
Marc Champion on Silvio Berlusconi's threat to withdraw support from Prime Minister Mario Monti 
http://click.email.bloomberg.com/?qs=0e697e2fc472d1a9f2b545f4f4d00ba05cbca75c18e25b03d35251773bb25c3e 
»

Echoes

http://click.email.bloomberg.com/?qs=8459f5c1fbaa832367ff6cfb76add36cd354e4b6d309737d3f78b0ae0b175ff7 
Marc Levinson on labor relations at the dawn of the container era 
http://click.email.bloomberg.com/?qs=0e697e2fc472d1a9f2b545f4f4d00ba05cbca75c18e25b03d35251773bb25c3e 
»

World View

http://click.email.bloomberg.com/?qs=8459f5c1fbaa8323f05b33431df64848fcc5c168b56434e495161fd2fbede46e 
Leonid Bershidsky on Russian speculation about Vladimir Putin's spine 
http://click.email.bloomberg.com/?qs=0e697e2fc472d1a9f2b545f4f4d00ba05cbca75c18e25b03d35251773bb25c3e 
»

SHARE THE VIEW

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