Subject: Share the View: Guatemala's Corruption Cleanup
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Thu, 10 Sep 2015 05:00:05 -0400 (EDT)

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Share The View

The Latest Opinions From Bloomberg View

Sep 10, 2015

bloombergview.com

<= href="http://link.mail.bloombergview.com/click/5113426.14298/aHR0cDovL2=yaWdpbi13d3cuYmxvb21iZXJndmlldy5jb20vdG9waWNzL2xhdGluLWFtZXJpY2E/55086a4c3=35d051538c37ccBbef45154" style="text-decoration:none;color:#00b9e7;line-=eight:1.6em">LATIN AMERICA

The Editors: "The candidates =or the next president of Guatemala aren't exactly paragons of virtue. Even=the 'outsider' winner of the election's first round on Sunday -- a comedia= named Jimmy Morales who ran under the slogan 'Not corrupt, not a thief' -= has dubious ties to military hardliners. Corruption is endemic in Guatema=a, as demonstrated by the scandal that just last week cost former Presiden= Otto Perez Molina his office. Whoever the next president is, he or she wi=l need ample help -- and stiff encouragement -- to fight it." Read more...

2016 ELECTIONS

Jonathan Bernstein: "Rick Per=y is out of money, has been laying off staff, sits at about 1 percent in n=tional polls, and probably won’t survive the month as an active Re=ublican presidential candidate. Donald Trump is leading the polls in the G=P race and has all the money he needs. But I believe the former Texas gove=nor has a better chance of winning the nomination than Trump does. Let me =xplain." Read more...

Europe

Leonid Bershidsky: "The phras= 'German moral leadership' may sound strange to many ears, what with the r=le the country played in two world wars and more recent indignation over t=e tough stance it took towards Greece's debt woes. Yet anyone witnessing h=w the nation has responded to this summer's flood of refugees would have t= acknowledge that leadership as a fact. Why such a transformation has take= place is a tough question to answer." Read more...

ASIAN ECONOMY

William Pesek: "The avoidance=of taxes, John Maynard Keynes wrote, is the only intellectual pursuit that=still carries any reward. Don't executives in Japan know it: Even with nat=onal debt skyrocketing, more than 70 percent of companies here still pay n= corporate taxes. It makes one wonder what Prime Minister Shinzo Abe is th=nking as he promises to slash the roughly 35 percent corporate tax rate." =span class="topic-read-more" style="font-family:Arial, sans-serif;text=decoration:none;color:#00b9e7;font-weight:normal;font-size:17px;line-heigh=:1.6em;text-transform:none">Read more...

Law

Noah Feldman: "The state�=80�s interest in treating all its residents equally and in guaranteeing =onstitutional rights would seem to outweigh the individual public official=E2��s interest in keeping her post without violating her religious scr=ples. Would we really want a world where, for example, you call the police=and they ask you if you’re Catholic or Protestant or Jewish before=they decide which officer they will send out to help you?" Read more...

Megan McArdle:<=span> "A [justice] system that alienates the people in it whi=e sending a lot of them to a very bad place is not a good system. So a jud=e in Hawaii tried an innovative approach: He punished people every time fo= violating, no matter what the excuse. ... Probationers knew what would ha=pen if they violated; there was no guessing whether they might get away wi=h it. And like magic, this court cut the number of times it had to impose =hose long prison sentences." =a href="http://link.mail.bloombergview.com/click/5113426.14298/aHR0cDovL=d3dy5ibG9vbWJlcmd2aWV3LmNvbS9hcnRpY2xlcy8yMDE1LTA5LTA5Ly1zd2lmdC1jZXJ0YWlu=WFuZC1mYWlyLWFwcGxpZXMtYmV5b25kLXByb2JhdGlvbg/55086a4c3b35d051538c37ccB570=0312" style="text-decoration:none;color:#00b9e7;line-height:1.6em">Read =ore...

Media

Justin Fox: "Thanks in large =art to the campaign spending flood unleashed in 2010 by the Supreme Court=E2��s landmark Citizens United ruling and the D.C. Circuit Court of Ap=eals’ SpeechNOW.org decision, local broadcast television remains t=at rare legacy media business where things are still looking up. Political=advertising spending on TV is projected to hit $4.4 billion in the 2016 el=ction cycle, up from $3.8 billion in 2012, according to Kantar Media�=99s Campaign Media Analysis Group, with about three-quarters of that going=to local broadcast stations." Read more...

WALL STREET

Matt Levine: "Yahoo owns a bu=ch of appreciated stock in Alibaba. It would like to give that stock to it= shareholders without incurring any tax. Just giving the stock directly to=the shareholders would incur tax. But putting the stock into a nice little=package, and then giving the package to the shareholders, could avoid tax,=depending on whether Yahoo constructs the package correctly and mutters th= right incantations over it. So Yahoo put the stock (along with Yahoo Smal= Business) into a package called Aabaco, typed up a draft of the incantati=ns and went to the Internal Revenue Service to ask if they were right. ...=The IRS's answer was basically to lock the door, yell 'We're not here,' an= then dig a tunnel out the back to escape." <= href="http://link.mail.bloombergview.com/click/5113426.14298/aHR0cDovL3=3dy5ibG9vbWJlcmd2aWV3LmNvbS9hcnRpY2xlcy8yMDE1LTA5LTA5L3lhaG9vLXMtYWxpYmFiY=1zcGlub2ZmLWlzLWluLXRheC1saW1ibw/55086a4c3b35d051538c37ccB7e8f4a5f" style=3D"text-decoration:none;color:#00b9e7;line-height:1.6em">Read more...<=span>

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

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