Subject: Share the View 2: Cantor's Defeat
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Wed, 11 Jun 2014 10:49:59 -0600

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SHARE THE VIEW

A quick look at Bloomberg News's opinion section

June 11, 2014For more, visit 
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MIDTERM ELECTIONS: 

The Editors: "It's hard to know what exactly to make of House Majority Leader Eric Cantor's resounding defeat. The relative obscurity of his opponent, combined with his party position, suggests it contains at least an element of protest against the Republican establishment. Divining what constitutes the 'Republican establishment' circa 2014 is a harder question." 
http://click.email.bloomberg.com/?qs=ebe3466a1e6b3df24875f561f96fb7e37de3ba5c22fd8cda6b15ceb097036a50 
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Albert R. Hunt: "The stunning defeat of House Majority Leader Eric Cantor by a Tea Party primary challenger will roil the House for the rest of this session and the next Congress, probably ending the slim hopes for any bipartisan accords on issues such as immigration." 
http://click.email.bloomberg.com/?qs=ebe3466a1e6b3df202d7800933d8b3bd6ff28ce603130e69bc0ccc32575c6820 
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A likely implication of the shocking upset "will be to drive the 2016 Republican presidential candidates to the right on immigration." 
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Ramesh Ponnuru: How sure can we be that we know what Cantor's defeat means? "Essentially none of the pundits, including me, had any inkling that he was going to lose -- let alone lose, as he did, by a large margin." 
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Read more about the midterm elections on our 
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topic page . 

LAW: Noah Feldman: The decision yesterday by Superior Court Judge Rolf Treu to strike down teacher tenure "is terribly reasoned -- and it should be reversed. ... If every ill-drafted state and federal law were held unconstitutional, every court would have to be night court while the judges toiled overtime to strike them down." 
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WORLD CUP:

Philipp Hildebrand: "It has been a tough year for Switzerland. Politically, a controversial anti-immigration referendum put the country at odds with its neighbors in the European Union. As for banking, the transition to a post-crisis world has proved challenging and costly. But as the kickoff to the world's biggest sporting spectacle approaches in Brazil, hopes for a change of fortune take hold in my home country -- and not without justification." 
http://click.email.bloomberg.com/?qs=ebe3466a1e6b3df2cbd430c377a76825ea0341c897a7b46d4514d8b37261eb6e 
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Juan L. Cebrian Echarri: "Spain's World Cup team mirrors a modern business structure -- where collaboration and participation produce results. ... It's striking that in a country as individualistic and given to fragmentation as Spain, and in a game as passionate and at times violent as football, the virtues of intelligent camaraderie stand out." 
http://click.email.bloomberg.com/?qs=ebe3466a1e6b3df2d4bf886a2b0896873aa6821126eebc9020c8d2d8683669ed 
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Read our economic guide to the 
http://click.email.bloomberg.com/?qs=ebe3466a1e6b3df2815feac1b756a718b53710c9f4606d9b29a8bed1786afcb9 
World Cup. 

ECONOMICS: Why is there no penalty for economic pundits who get it wrong? Barry Ritholtz: "This isn't about economics, it's about politics. Unfortunately, the dismal science has become the vehicle of choice for those who seek to further their own political agenda." 
http://click.email.bloomberg.com/?qs=ebe3466a1e6b3df2d49233906dc0b85ee36c02ed9a6fe226ea5e9d014b5fb3c3 
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POLITICS: Clive Crook: "The Republican Party's reformist movement -- if it's big enough to be called a movement -- recently published a set of policy proposals: 'Room to Grow: Conservative Reforms for a Limited Government and a Thriving Middle Class.' Most of the ideas in this pamphlet are good. In fact, Democrats should appropriate them." 
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EUROPEAN ECONOMY: Mohamed A. El-Erian: "The efforts of European banking giant Deutsche Bank AG to shore up its finances by raising equity capital have triggered various reactions, from speculation about upcoming regulatory fines to anger from shareholders worried that their stakes will be diluted." 
http://click.email.bloomberg.com/?qs=ebe3466a1e6b3df22636fe377a755e46bd7e86268beb7535fac0ff8dcd73ae22 
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WHAT OUR WRITERS ARE READING: 

http://click.email.bloomberg.com/?qs=ebe3466a1e6b3df2529d41d5e5c982cd1e2787475034889be7dbaf2d0656eb8d 
Matt Levine  

- So long, Bob Benmosche: 
http://click.email.bloomberg.com/?qs=ebe3466a1e6b3df2ab69999b84f9473708cbd57c12659f3b300a8d177f8efac3 
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- So long, Jane Mendillo: 
http://click.email.bloomberg.com/?qs=ebe3466a1e6b3df2837000c24a1d13fddec09aced27e94fb3151df6ad0ab4c49 
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- Allergan says no again: 
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William Pesek  

- Angelina Jolie irks China: 
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- Vietnam's affordable housing boom: 
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- MSCI folks say no to South Korea: 
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Read more  

http://click.email.bloomberg.com/?qs=04f2eb346984e49a3f194c281e1b6f377c61fe82e41224411a626e377697769b 
Barry Ritholtz   

- Does Money Buy Happiness? 
http://click.email.bloomberg.com/?qs=04f2eb346984e49a0a06a500d5c602f1a1166bb3d5ca83e3174ae2ac69ca0e05 
(Time)  

- Those Who Forget the Past... 
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(FT Alphaville)  

- Japan's pension fund is set to splash cash 
http://click.email.bloomberg.com/?qs=04f2eb346984e49af13cedbd132b2bb7c4bb9954b8d6a4e193ea4e4815c2f29a 
(WSJ)  

SHARE THE VIEW

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