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The Editors: Senator Elizabeth Warren's charge that the Trans-Pacific Partnership is being negotiated in secret suffers from two fatal defects. "The first is that the deal isn't so secret. The second is that some secrecy is justified." Read more... Mark Whitehouse: "The long, slow U.S. economic recovery might finally be translating into better compensation for workers. People who make stuff or pull it out of the ground, though, aren't seeing quite the same kinds of raises as those in sales, management and finance." Read more... Peter R. Orszag: "The budget resolution before the Senate this week is either dishonest or deeply problematic. ... I doubt very much that Congress will stick to these numbers; there's no plausible political path to achieve them." Read more... Josh Rogin: "Top Obama administration officials have released new details about how they would lift most sanctions against Iran. Those are unnerving some experts, who doubt the administration's claims about the sanctions will hold up." Read more... Jonathan Bernstein: "Carly Fiorina and Ben Carson have made their presidential candidacies official. This is simple: No one remotely like them has come remotely close to winning a presidential nomination in the modern era." Read more... Jeanne Cummings: "While Republicans in Congress continue to smother proposals for campaign finance transparency, statehouse Republicans from Maine to Montana are moving in the opposite direction." Read more... Leonid Bershidsky: "Here's to Sergey Aleynikov, the former Goldman Sachs programmer convicted Friday of stealing the bank's high-frequency trading code, for accepting no compromises and persisting with a legal battle that still could put him in prison. He is showing others like him the absurdity of working for old Wall Street banks in an era when a tiny startup, or even a guy trading from his home, can run circles around them." Read more... Adam Minter: "Hardly any cars on the road today could run without highly technical software that's often designed and, under current U.S. law, owned by automobile companies. So in the absence of explicit permission from a manufacturer to modify (or even see) that software's coding, there's a chance even basic repair jobs could be punishable by jail time and a six-figure fine." Read more... Mohamed A. El-Erian: Yanis Varoufakis, Greece's finance minister, was a breath of fresh air in the protracted and exhausting Greek economic drama. "Backed by considerable economic logic and a desire to do better, he pressed for more realism in the policy conditions demanded by Greece's creditors. And he never tired of reminding people that Greece's recovery wasn't that country's responsibility alone." Read more... Katie Benner (Read the news roundup)
Barry Ritholtz (Read the news roundup)
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from Anarchie Blog http://ift.tt/1IbVPro

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