Subject: Share the View 2: Ending the Minimum-Wage Subsidy
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Wed, 20 May 2015 12:17:30 -0400 (EDT)

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Share The View

The Latest Opinions From Bloomberg View

May 20, 2015

bloombergview.com=/a>

<= href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2mjtg.=4ka/VQoHU0mOo5ZTeiFiBc9c8" style="text-decoration:none;color:#00b9e7;lin=-height:1.6em">Companies

Barry Ritholtz: "What we know=about the minimum wage is that modest increases have a negligible effect o= employment, and usually work as a net economic positive to the region tha= passes them. ... So why all the hand-wringing by the business community? =n short, raising the minimum wage is a wealth transfer." Read more...

National

The Editors: "The police prot=ct the public. The military protects the republic. In an age of terrorism,=their jobs necessarily overlap, especially in large cities. But some lines=between police officers and soldiers ought to remain distinct, and Preside=t Barack Obama took an essential step this week toward reining in the coun=erproductive militarization of police departments that has occurred since =he attacks of Sept. 11." Read more...

Declassified

Eli Lake: "After resisting ef=orts from some in his own party and the House of Representatives to revoke=the NSA's authority to collect telephone records in bulk, Senate Majority =eader Mitch McConnell said Tuesday he will allow a vote this week on the U=A Freedom Act. That bill would end the NSA's bulk collection of telephone =etadata, but allow the NSA and FBI to query this data stored by the phone =ompanies." Read more.=.

Josh Rogin: "The Obama admini=tration is considering a range of options to respond to Russia’s o=going violation of the Intermediate Nuclear Forces Treaty. Part of the res=onse could involve deploying new U.S. weapons to Eastern Europe." <=pan class="topic-read-more" style="font-family:Arial, sans-serif;text-=ecoration:none;color:#00b9e7;font-weight:normal;font-size:17px;line-height=1.6em;text-transform:none">Read more...

Middle East

Noah Feldman: "If Islamic Sta=e is to be defeated, there must be effective ground troops. Right now, the=only effective ground troops outside of Iraqi Kurdistan seem to be Shiite =ilitias with close ties to Iran. So the coalition has to choose between tw= evils. Is it better to fight Islamic State effectively while facilitating=Iranian domination of Iraq? Or to let the insurgent group take and hold te=ritory while hoping for improved performance from the Iraqi security force=?" Read more...<=span>

Tech

Leonid Bershidsky: "When the =rench billionaire Xavier Niel tried to bid for T-Mobile US, he was quickly=sent packing. It will be harder to get rid of Patrick Drahi, another Frenc= billionaire who is entering the U.S. market with a $9.1 billion deal to t=ke control of a relatively small cable company, Suddenlink Communications.=One way or another, the U.S. will get a taste of the progressive business =odels that are being tested in France." Read more...

Investing

Mark Gilbert: "On Monday even=ng, European Central Bank board member Benoit Coeure told a closed-door re=eption for hedge-fund traders, economists and fellow central bankers that =he bank would probably accelerate bond-buying this month and next, ahead o= an anticipated summer lull. Everyone else learned about the plan on Tuesd=y morning, an appalling breach of the rules concerning selective disclosur=. What we don't yet know is which other central bankers at the event might=have spilled illicit beans." Read more...

News Roundup

Katie Benner (Read the news roundup)

Airbnb is making software for property managers, pushing t=e company deeper into the professional vacation rental business. Read more...

Automattic, the company that runs WordPress.com, bought a =ompany that makes e-commerce tools called WooCommerce. Read more...

MuleSoft, a business software company, raised a $128 milli=n round and is now valued at $1.5 billion. =a href="http://link.mail.bloombergview.com/55086a4c3b35d051538c37cc2mjtg=14ka/VVtGH0mOXdKYu6KTB106c" style="text-decoration:none;color:#00b9e7;li=e-height:1.6em">Read more...

Ritholtz (Read the news roundup)

Is this the top? Read more...

The wary retreat of the bond bulls: Read more...

The $5.3 trillion energy subsidy problem: Read more...

Money Stuff

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