Subject: Share the View 2: Cuba and Capitalism
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Wed, 21 Jan 2015 11:01:42 -0600

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The Latest Opinions From Bloomberg View

January 21, 2015

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Latin America 

The Editors:"A U.S. delegation heads to Havana today to start negotiations on the normalization of ties with Cuba. Don't expect immediate progress. Despite President Barack Obama's bold shift in U.S. policy, the earliest President Raul Castro is likely to embrace democracy or capitalism is in the afterlife."
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Check out the QuickTakeon the Cuba-U.S. reboot:
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Space 

Adam Minter:"After Tuesday night's State of the Union address, most Americans know two things about Scott Kelly. First, he's going to space for a year, and second, President Obama wants him to 'Instagram it.' Curiously, Obama didn't mention a more impressive fact: Scott will spend longer in orbit than any other American ever has." 
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Health-Care Reform 

Megan McArdle:"As Obamacare wends to the end of its second open-enrollment period, it would seem that we should know more about the shape of the final program. What have we learned so far?"
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News Roundup 

Jonathan Bernstein
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(Read the news roundup) 

	- Julia Azari at Mischiefs of Faction writes on "looking presidential" and the SOTU speech: 
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	- Lynn Vavreck at the Upshot on why politicians such as Jodi Ernst talk about their difficult personal backgrounds: 
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	- Slate's Fred Kaplan liked what he heard about foreign policy in the SOTU but isn't as thrilled with what he's seeing outside of the speeches: 
http://click.email.bloomberg.com/?qs=9bb15b1197bbe5ac1d488e85d41f4b5abd94da891e61db27cd24ec3570491feb 
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Katie Benner
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(Read the news roundup) 

	- The Justice Department is paying a woman $134,000 to settle a case that involved the Drug Enforcement Agency using her identity and photos -- without her consent -- on Facebook to lure in suspected drug dealers: 
http://click.email.bloomberg.com/?qs=9bb15b1197bbe5ac50ffcde4cc305ff8dc58bd325bde99b3dfb13d764917de65 
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	- Private advertising and marketing companies have been given access to consumer data from Healthcare.gov, the government's health-care website: 
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	- Shazam Entertainment, which has an app that recognizes songs, raised $30 million and is now valued at more than $1 billion: 
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Matt Levine
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(Read the news roundup) 

	- Don't change your ratings criteria to win business: 
http://click.email.bloomberg.com/?qs=9bb15b1197bbe5ac41917237a66fde0c1e7d70ad163bd6119e71c1dec14f14bf 
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	- Activism, but friendly activism: 
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	- The Swiss franc fallout continues: 
http://click.email.bloomberg.com/?qs=9bb15b1197bbe5ac41ab7c9ed962197bc02fa656d705512138fd084081af0c96 
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Barry Ritholtz
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(Read the news roundup) 

	- These unloved stocks may beat the S&P 500 again in 2015: 
http://click.email.bloomberg.com/?qs=9bb15b1197bbe5acedde4102d8e5dc1cab15279af48de332e5c4cff381d8f66a 
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	- What lost decade?: 
http://click.email.bloomberg.com/?qs=9bb15b1197bbe5acd82850dcff3a2b6bdba25b970d61e32dc831a695ce453360 
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	- The real reason oil prices plunged: 
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Religion 

Pankaj Mishra: In the aftermath of the Charlie Hebdo attacks, "anti-immigrant ideologues have managed to resurrect the 'clash of civilizations' discourse. ... If we are to admit how deeply and irrevocably interconnected our world is, then we must find new ways to break the cycle of counter-productive violence." 
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http://click.email.bloomberg.com/?qs=9bb15b1197bbe5ac49c1b3b8fc1b0b13cd548b6a63307a6f7edf13043133a22d 
Economics 

Noah Smith:"Bitcoin isn't supposed to be an investment-grade financial asset. It's supposed to be a medium of exchange. Surprisingly few people understand the difference."
http://click.email.bloomberg.com/?qs=9bb15b1197bbe5ac3c8ccce27249d4d4b9f93472e8e67bf7e1d21414dc86b80e 
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Mark Gilbert: "Economic theory suggests that consumer spending should soon be cut off at the knees (or a bit higher). How does that compare with what actually happens in the real world when deflation takes hold?"
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http://click.email.bloomberg.com/?qs=9bb15b1197bbe5ac2ce4fb268f7c953aa3c76a75eacfc2129c87682df7115a18 
China 

William Pesek:"Soon after the Swiss shocked the world by abandoning their currency's peg to the euro, Hong Kong's Financial Secretary John Tsang hit the airwaves. His very clear message: The city's U.S. dollar peg would hold firm." 
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