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The symbioses between large corporations and startups is very valuable, and not having to wait for as many cycles as earlier markets did would be a bliss.
I had pointed out earlier that tracking like he had said they did would be a flagrant violation of their own privacy policy, which would put them at risk of lawsuits or even FTC action.
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"Tearing down everything that Bloomberg has done would be a great mistake," Mr. Lhota said.
"I told him that what I was doing would be a benefit for my people".
And that – precisely because of what it alone can do – would be a tragedy.
"Giving safe harbor if they use a basic level of filtering, as YouTube now does, would be a reasonable compromise".
Repealing or rolling back Proposition 13, which Mr. Brown's aides said he would not do, would be a politically explosive move and would require approval of the voters.
One said: "Telling people that x% people think it can't be done would be a self-fulfilling prophecy.
Impeaching Mr Obama, for instance, as some of his newer recruits are keen to do, would be a huge mistake: a pointless distraction from far more serious issues.
The work of such a commission, charged with compiling the record, affixing responsibility, and formally acknowledging what was done, would be a healthy act of atonement.
Rather, the harm done would be a function of the way in which the Treasury market is the risk-free vaseline which greases the entire financial system.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com