Republicans Sketch Obamacare Alternative, Finally: Megan McArdle
©2015 Bloomberg View NTAPZA6JTSEB (Bloomberg View) — Republicans have been saying “repeal and replace Obamacare” for so long that it has started to sound like one of those ceremonial phrases that drop out automatically at opportune moments, like “hellohowareyou” or “thankyouhaveaniceday.” The party has conspicuously failed to actually coalesce around a plausible
Clinton’s Lesson in Politics for Activists: Jonathan Bernstein
©2015 Bloomberg View NTAN0H6JTSEB (Bloomberg View) — When Black Lives Matter activists confronted Hillary Clinton last week, she argued: Look, I don’t believe you change hearts. I believe you change laws, you change allocation of resources, you change the way systems operate. You’re not gonna change every heart. You’re not.
Donald Trump Is Republican Policy Nightmare: Francis Wilkinson
©2015 Bloomberg View NT8W7I6KLVRA (Bloomberg View) — Donald Trump has an immigration policy. It’s based on dubious assertions and would be fabulously expensive, but as a statement of goals it’s largely coherent. And it may mark a very, very dangerous turning point in the Republican presidential primary. There are two main facets
Commodities Slump Bolsters Treasuries as Emerging Markets Roiled
©2015 Bloomberg News NT8XNB6JTSEF (Bloomberg) — A renewed slump in commodities damped inflation expectations and boosted demand for Treasuries, while China’s shock devaluation of its currency continued to unsettle emerging markets. The Bloomberg Commodity Index sank to a 13-year low as declines in assets from copper to oil boosted the
Reality Check: 4 Reasons Trump’s Immigration Plans Are Impractical
©2015 Bloomberg News NT8XQ86JTSE9 (Bloomberg Politics) — Donald Trump’s sprawling new immigration proposal calls for deporting the estimated 11 million people in the U.S. illegally and closes many doors to legal immigration. The plan, released Sunday, was quickly embraced by immigration-wary Republicans—Ann Coulter called it the “greatest political document since
Roots of the Jewish Power Struggle Roiling Israel: Noah Feldman
©2015 Bloomberg View NT1DAI6JTSEA (Bloomberg View) — Should the Jews have a pope? For most of the last 2,000 years, the answer has been “no.” Rabbinic authority has been decentralized, with each community choosing its own religious leaders to follow. But now Israel’s Chief Rabbinate is seeking to monopolize and
Happy 80th Birthday, Social Security. Your Gift? My Plan Not to Need You (So Much)
©2015 Bloomberg News NT1S1H6KLVR4 (Bloomberg Business) — It’s Social Security’s 80th birthday, and while news about the program’s financial status is rarely happy, most Americans are very thankful it still exists. Women and lower-earning workers in general rely particularly heavily on the program for income in their old age. But
Oil Heads for Seventh Weekly Drop as Global Glut Seen Persisting
©2015 Bloomberg News NT1WIG6TTDS0 (For Bloomberg fair value curves, see CFVL ) (Bloomberg) — Oil headed for the longest run of weekly declines since January amid signs the global glut that’s driven prices to the lowest in six years will be prolonged. Futures were little changed in New York, down
*Muslim Scholars Prepare Call for Action on Climate Change
©2015 Bloomberg News NSZAIS6VDKHU (Bloomberg) — Islamic scholars and religious leaders are preparing a call for action on climate change that will say it’s the religious duty of the world’s 1.6 billion Muslims to fight global warming. The declaration will be made in Istanbul next Tuesday during a two-day meeting
After 70 Years, Japan Still Needs to Say It’s Sorry: Editorial
©2015 Bloomberg View NSZRSQ6KLVR8 (Bloomberg View) — Japanese Prime Minister Shinzo Abe has said that when he commemorates the 70th anniversary of the end of World War II on Friday, he’d rather focus on the future than repeat the apologies of the past. That may sound reasonable to some ears.