Subject: Share the View: The Madness of Elon Musk
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Fri, 13 Jun 2014 03:03:14 -0600

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A quick look at Bloomberg News's opinion section

June 13, 2014 For more, visit 
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MILLENNIALS: "Once again, Tesla Motors' founder Elon Musk has grabbed auto-industry headlines, this time for hinting at a broad patent release that could mean making Tesla's electric cars more 'open source.'" Edward Niedermeyer: "It may seem a head-scratcher that a company whose success depends on its cutting-edge technology would give away its secrets, but as usual, there is a method to Musk's madness." 
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WALL STREET: "Back in the mists of time there was a leveraged-buyout boom. It was a heady time for the private-equity firms doing all the leveraged buyouts: They were all very busy, and they were all getting very rich," Matt Levine writes. "At some point they discovered a nice way to be less busy, and more rich." 
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INEQUALITY: "When we talk inequality in this country, we tend to focus on 'the 1 percent' -- the very-high-income earners who are pulling away from the merely extremely well-off." Megan McArdle: "But a growing body of evidence suggests that the distance between the middle and the bottom may be equally important." 
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POLITICS:

The Editors: "Eric Cantor is exiting the stage quietly, resigning next month as House majority leader and declining to run as a write-in candidate after his stunning defeat in this week's Republican primary in Virginia. His magnanimity makes him an ideal champion for a new cause: eliminating 'sore loser' laws." 
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Jonathan Bernstein: So why has Representative Paul Ryan dismissed speculation "that he might seek the majority leader job soon to be vacated by Eric Cantor? ... If Ryan wants to seek the presidency, either in 2016 or later, a House leadership position is no launching pad." 
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Ramesh Ponnuru: "A new study on political polarization in the U.S., conducted by the Pew Research Center for People and the Press, uses large sample sizes, impressive graphics -- and lousy judgment." 
http://click.email.bloomberg.com/?qs=69670b6f1d1f03b6ef74782ee45679af764e239f35447243b94192e4d4981f43 
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IRAQ:

"A sectarian war has rekindled in Iraq. In mere months or even weeks, the country may well be divided among its warring Sunni, Shiite and Kurdish parts," the Editors write. "To which one might reasonably respond: Would that be so bad?" 
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"The fact that all U.S. troops have withdrawn does nothing to absolve Americans of our share of moral responsibility, and, in any case, continued success of the radical group known as the Islamic State of Iraq and Syria will wind up threatening U.S. security." Stephen L. Carter: "I don't pretend to know the right course of action. I do prefer to pay attention to those who propose actual solutions." 
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LAW: "Antioxidants got you down? They would if you were POM Wonderful LLC, which makes pomegranate and blueberry juices that have to compete with the Coca-Cola Co.," Noah Feldman writes. "Coca-Cola makes its own juice product that mentions pomegranates and blueberries on the label but has only 0.3 percent of the former and 0.2 percent of the latter. POM sued Coke alleging false advertising. Coke replied that the government regulates food labeling, and that its label was fine. Who should win?" 
http://click.email.bloomberg.com/?qs=69670b6f1d1f03b6f8c4c733117133b3a5238e0c212b1d2fab912a5538503990 
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CHINA: A recent study that shows a surge in the country's number of millionaires "should be good news for a Communist Party trying to transform 'poor' China into a prosperous nation, right?" William Pesek: "In fact, this millionaire bubble is dangerous for two reasons. One, it's raising the odds of social instability. Two, as the ranks of those profiting from the status quo grow, there's even less impetus to restructure the economy." 
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