Subject: Share the View: The Court's Irrelevance on Affirmative Action
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Wed, 23 Apr 2014 03:03:34 -0600

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SHARE THE VIEW

A quick look at Bloomberg News's opinion section

April 23, 2014For more, visit 
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AFFIRMATIVE ACTION: "In the very long, very complicated, very American debate about affirmative action, the U.S. Supreme Court is doing its best to become irrelevant," the Editors write. "That's nothing to be ashamed of." 
http://click.email.bloomberg.com/?qs=1a32491691920908209021dd6886c48ad3b853fcf483fcc595887e93a2552344 
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EUROPE: A. Gary Shilling: "The 18-member euro area has no common fiscal policy and probably never will, given its vast cultural and economic differences. This hardly makes the euro a safe-haven currency." 
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OIL: Tom Zeller Jr.: "It's not surprising that a survey of energy professionals attending the 2014 North American Prospect Expo overwhelmingly identified 'U.S. energy independence' as the trend most likely to gain momentum this year." How long will the shale boom last? 
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ASIA: "In its short life, the Barack Obama administration's much-hyped 'pivot' to Asia has become a magnet for derision," the Editors write. "Considering world events since the strategy was announced in 2011 -- from the Arab Spring and outbreak of Syria's civil war to Russia's annexation of Crimea -- it's tempting to suggest that Obama scrap the pivot altogether. A smarter move would be to rebalance the rebalancing: Talk less and do more." 
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HEALTH: 

Leonid Bershidsky: "A wave of big mergers in the pharmaceutical industry is turning into a tsunami, with more than $100 billion in deals either announced or rumored this week. ... Oddly, this may be one of the rare cases where merger frenzy actually makes sense." 
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Megan McArdle: "The pharmaceutical industry, once a reliable source of large profits, is finding it harder and harder to make profitable new drugs." 
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WALL STREET: Matt Levine: "Bill Ackman made my day yesterday by announcing that he, along with Valeant Pharmaceuticals, wants to buy Botox maker Allergan Pharmaceuticals." 
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FINANCIAL WAR: "When diplomacy failed, war used to be inevitable, the continuation of politics by other means. Today, when persuasion doesn't work, big powers turn to economic combat as their first resort. Sanctions occupy a messy zone between condemnations and air strikes." 
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Read the  QuickTake on sanctions 

2016 ELECTIONS: "The silliest news being presented with a straight face is that both Democrats and Republicans are considering Las Vegas for their 2016 conventions," Jonathan Bernstein writes. "The odds of this happening are infinitesimal." 
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STOCKS: @JonathanWeil (Jonathan Weil): Why give hedge-fund raiders 10 days to disclose? 
http://click.email.bloomberg.com/?qs=1a3249169192090824ed9cd57ba2e2433fc2fa5e3854f0354d13e170a26e4b37 
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ECONOMICS: "A recent study from the Center for American Progress, a liberal research group, says that the economy would be 11 percent smaller if women worked outside the home at the same rate as they did in the late 1970s." Ramesh Ponnuru: "We should remember that GDP isn't everything, especially when it comes to these issues." 
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CABLE: @M_C_Klein (Matthew C. Klein): Decline of people paying cable cos for TV has been offset by people getting TV from telcos: 
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SHARE THE VIEW

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