Subject: Share the View: Better Places for McKinley's Name
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Wed, 2 Sep 2015 05:00:13 -0400 (EDT)

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Share The View

The Latest Opinions From Bloomberg View

Sep 02, 2015

bloombergview.com

<= href="http://link.mail.bloombergview.com/click/5063452.13883/aHR0cDovL3=3dy5ibG9vbWJlcmd2aWV3LmNvbS90b3BpY3MvZGVjbGFzc2lmaWVk/55086a4c3b35d051538c=7ccBa42f9d2c" style="text-decoration:none;color:#00b9e7;line-height:1.6e=">Declassified

Josh Rogin: "Former CIA Direc=or David Petraeus today confirmed that he is urging Obama administration o=ficials to try to peel off some fighters from the radical al-Nusrah group,=to join the U.S.-led coalition fighting ISIS. But Petraeus’s expla=ation does not account for the fact that U.S. policy in Syria has been ali=nating the 'reconcilable' Islamists for over four years." Read more...

Wall Street

Matt Levine: "JPMorgan was ma=ing syndicated loans that, for reasons of custom and tradition and market =tructure, it couldn't sell. [Blythe] Masters helped invent credit derivati=es as a way to transfer the credit risk of the loans without transferring =he loans themselves. Credit derivatives abstracted away from the clunky me=hanics of actual loans, allocating credit risk not based on who had a part=cular pile of documents but rather on who had agreed to take that risk. Th=t abstraction looked radical at the time, but it has had a lasting effect =n how the financial industry works. It's not crazy to think that Masters m=ght be able to do that again." Read more...=/p>

Politics

The Editors: "McKinley's conn=ction to the mountain is a political curio that, understandably, Alaskans =ave long been eager to leave behind. ... There are plenty of ways to honor=McKinley, a Civil War veteran whose presidency was characterized by expans=onism abroad (the U.S. annexed Puerto Rico, the Philippines, Hawaii and Gu=m during his tenure) and protectionism at home. But any such honors ought =o relate to his life and work." Read more...

Jonathan Bernstein: "For deca=es, this has been a low-profile dispute pitting Ohio Republicans (who have=been loyal to the assassinated president from the Buckeye State) against A=askans of all political stripes -- most of them Republicans -- who used th= older name. ... But as soon as Obama became involved, many Republicans fr=m the lower 48 who probably couldn't tell you what state the mountain was =n last week started protesting against the gross abuse of power intended t= erase white people from U.S. history." Read more...

China

William Pesek: "It turns out =nvestors were right about Alibaba: No company is more on the front lines o= China's economic shifts than Jack Ma's juggernaut. And that's just where =he problems begin." Read more...

Adam Minter: "Unfortunately f=r Chinese fliers, the outlook for new airspace isn't good. A long-desired =aw that would streamline regulation of civil and military aviation has bee= hung up in China's opaque legislative process for years, with the U.S.-Ch=na Economic and Security Review Commission speculating that the cause is i=transigence by the Chinese military. Meanwhile, China's leaders either lac= the power to push the issue along or are sympathetic to the idea that the=military's prerogatives (and parades) should trump China's search for grow=h. Either way, China's fliers, and its economy, lose." Read more...

Tech

Justin Fox: "Money-losing sta=tups are being given valuations similar to those of long-established giant=, in some cases the very giants they aim to disrupt. It’s just lik= Priceline.com in 1999. And, just as in 1999, some people see this as an i=dication of big economic shifts to come and others see it as evidence of a=bubble. So, what ended up happening to Priceline.com?" Read more...

Law

Noah Feldman: "What’s=so special about religion? When it comes to exemptions from general laws, =hether regulating gay marriage or contraception, no question is more impor=ant -- or more complicated. The federal district court in Washington answe=ed that question Monday by saying religion is nothing special. The court h=ld that the Department of Health and Human Services is obligated to give t=e same exemption to a nonreligious group that has a principled reason to d=ny its employees contraceptive health-care coverage that the department al=eady gave to religious groups with analogous views. This conclusion was al=ost certainly correct as a matter of moral logic. But it’s far fro= clear that it was correct as a matter of law." Read more...

Civil Rights

Cass Sunstein: "After the Civ=l War, the nation ratified the 14th Amendment, much of which adopts phrase= from the original Constitution and Bill of Rights. But one line was start=ingly new: 'nor shall any state . . . deny to any person within its juris=iction the equal protection of the laws.' Here’s one way to unders=and the central meaning of the equal protection clause: Black lives matter=" Read more...

Sports

Kavitha A. Davidson: "Female =ans, fans of women's sports, and just fans of great athletes generally, ar= making their voices heard, speaking through their wallets even when marke=ers won't let them. For the first time ever, tickets to the women's final =f the U.S. Open sold out before the men's. Women's tickets are going for t=ree times their usual price from ticket resellers -- all thanks to the Ser=na Bump." Read more...

Europe

Leonid Bershidsky: "Italy's u=employment rate dropped in July, Eurostat reported Tuesday. If the improve=ent turns out to be a trend, the credit probably will go to Prime Minister=Matteo Renzi's efforts to make the labor market more flexible, and he will=be compared favorably to Prime Minister Manuel Valls of France, whose poli=ies haven't achieved a reduction in unemployment. For now, however, the la=or reforms in both countries are too tentative to be effective." Read more...

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For media inquiries, contact Jill Watanabe at j=[email-masked].

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