Subject: Share the View 2: Courting the Middle Class
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Mon, 16 Mar 2015 10:33:31 -0600

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The Latest Opinions From Bloomberg View

March 16, 2015

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bloombergview.com 

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TAXES 

The Editors:"Marco Rubio and Mike Lee's ballyhooed new tax-reform plan raises all the usual questions about cost, viability and wisdom. (Short answers: a lot, not much and variable.) It nevertheless deserves consideration as an intriguing example of Republican thinking about how to respond to wage stagnation and economic anxiety among the middle class."
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The Editors:"Parenthood comes with lots of surprises. Among the largest is surely the price tag: In the U.S., each little one costs roughly $245,000 to rear, on average, not including college. Parents who undertake those costs aren't just raising the next generation of upstanding citizens: They're also subsidizing their childless peers. The tax code should do a lot more to help them out."
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LAW 

Noah Feldman:"If you confess to murder alone, in the bathroom, while looking into the mirror -- and wearing a microphone -- is your confession admissible in court? On the surface, this is the question raised by Robert Durst's statement, aired Sunday night in the final episode of HBO's 'The Jinx': 'What the hell did I do? Killed them all, of course.'"
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Stephen L. Carter:"Durst's lawyers will probably argue that his words do not actually constitute a confession. He may have been musing aloud, disbelievingly, about what the producers of the documentary hoped he would say. He might have been rehearsing lines he knew to be untrue. He might have been doing a thousand things. But that concern shouldn't keep his comments out of evidence."
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Cass R. Sunstein:"U.S. Supreme Court justices may be wise, obtuse, fair or political, but we don't ordinarily think of them as eccentric. William O. Douglas, who was on the court in the middle of the 20th century, has long counted as the only unambiguously eccentric justice. But now, as an opinion on separation of powers issued last week makes clear, Justice Clarence Thomas has joined him."
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ASIAN ECONOMY 

William Pesek:"Can Asia beat the rising-dollar curse?"
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MIDDLE EAST 

Daniel Gordis:"Israelis never understood why Prime Minister Benjamin Netanyahu broke up his coalition in December 2014 and called Tuesday's parliamentary elections. One thing, though, did seem clear -- he was clearly going to win again. No longer."
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SCIENCE 

Justin Fox:"The saliva harvesters at 23andMe have struck upon what sounds like a smart idea -- using the genetic data they gather about their customers to develop new medicines. ... You probably shouldn't hold your breath, though, for a slew of world-changing drugs to emerge from this effort. Developing truly new drugs around specific genetic targets isn't as easy as it is sometimes made to sound."
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NEWS ROUNDUP 

Barry Ritholtz
http://click.email.bloomberg.com/?qs=4f6ea31491a696a8e75b345c37b13c96c2248ce0d10d6857eacb3e3d13396c3b 
(Read the news roundup) 

	- How many mutual funds routinely rout the market? Zero:
http://click.email.bloomberg.com/?qs=4f6ea31491a696a88618ebf7d3adb8c2bca64772e95afeadad13f2017d04c4a2 
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	- Shake Shack founder says In-N-Out "way, way upped the fast food game":
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	- SEC wants the sinners to own up:
http://click.email.bloomberg.com/?qs=4f6ea31491a696a8c97c6d1ad672f08392e50c5c07d07d79f2e1f57c113517a0 
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Katie Benner
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(Read the news roundup) 

	- TheFind.com, a shopping search app, was purchased by Facebook, reports Fortune.
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	- Reddit has long housed lots of unsavory forums behind its LOL-filled facade, and the Guardian wonders whether current CEO Ellen Pao can, or should, try to clean it up.
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	- Obvious Ventures, the venture capital firm founded by Ev Williams, raised nearly $77.7 million for Obvious Ventures I, its first fund.
http://click.email.bloomberg.com/?qs=4f6ea31491a696a8cce909aaafbee5502ca0a4b8305a2f7777793be758f0367b 
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