Subject: Two ways Trump may be great for democracy
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Wed, 6 Dec 2017 05:02:35 -0500 (EST)

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}A daily digest of opinions and analysisNewspapers and Nonprofits Are Thriving in the Trump EraFor all the hand-wringing about the state of American democracy, U.S. consumers seem to be devoting more and more of their spending to social advocacy groups and the press. Mark Whitehouse digs into Commerce Department data to visualize the trend. Trump's Lawyer Is Wrong About Corruption (But Not Crazy)The president "cannot obstruct justice because he is the chief law enforcement officer," Trump's personal attorney John Dowd argued Monday — a radical claim that sounds a lot like declaring him above the law. The short version is that he's wrong, according to Harvard Law professor Noah Feldman; the long version is that his legal theory isn't as bizarre as it might seem.Robot Takeover? Who Cares If We're All Shareholders?How's this for a universal basic income scheme: What if Uncle Sam owned a portfolio and paid out dividends to all 300-million-plus Americans? Noah Smith says this kind of "social wealth fund" wouldn't just curb inequality — it would keep humans from becoming obsolete.Must-Reads of 2017: Israel's Challenge to America's JewsJonathan Safran Foer's novel "Here I Am" looks at what may be the toughest foreign-relations issue facing the Jewish state right now (and it's not the one you'd expect). Daniel Gordis calls it one of the clearest and most compelling analyses of a conflict at the heart of American Judaism. Ritholtz's ReadsInvesting lessons from The Dude (25iq)Will BlackRock and Vanguard own everything by 2028? (Bloomberg) This could be the top ... buuuuuuut it might not be (Irrelevant Investor)(Read Barry Ritholtz's full daily news roundup here.) Bloomberg GadflyAmazon's Australian meteoriteLands' End: new CEO, old problemsBank of America faces a long road to credit-card revival(Read more from BV's sister site for fast business commentary.)Bloomberg L.P. ● 731 Lexington Avenue, New York, NY 10022Web ● Facebook ● TwitterFeedback ● Unsubscribe

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