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A quick look at Bloomberg News's opinion section

March 8, 2013 For more, visit
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FROM THE EDITORS

Continuing Resolutions: This week's continuing resolution to fund the government for the remainder of this fiscal year will "encourage Congress's penchant for slapdash budgeting that preceded the current era of sequestration and fiscal Russian roulette."


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Trade: "As the U.S. and the European Union begin hammering out a free-trade pact, there are good reasons to expect they will fulfill a promise to finish the job by the end of 2014. Both sides seem prepared to make concessions over longstanding disputes, including the EU ban on genetically modified food or U.S. restrictions on foreign shippers. It would be a shame if all that goodwill were squandered in a quasi-metaphysical debate over cheese."


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COMMENTARY

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Stephen L. Carter

"Nostalgia for the 1960s is very much in vogue, from the popularity of the television drama 'Mad Men' to frequent claims by pundits who are transfixed by the idea that politicians got along better then." Yet it's true that "in the '60s, America was optimistic and trust in government was high. Today, the nation is cynical, and trust in government has reached historic lows."

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Susan Crawford

"Tantalizing reports that Americans might soon be getting free nationwide wireless Internet access, courtesy of the Federal Communications Commission, have turned out to be exaggerated. But wouldn't we all welcome mobile connectivity at a reasonable price? The FCC should take steps to make that possible through competition in the wireless marketplace."

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Noah Feldman

"If Israelis and Palestinians agree on one thing, it's that more settlements in the West Bank will eventually make a two-state solution impossible. Rabbi Menachem Froman, who died on March 4 at age 68, thought differently."
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Susan Antilla

"It's a lousier time than usual to be a lowly member of the investing public looking for protection from the sharks of finance. Deep-pocketed banks are dominating the process of writing the new financial rules mandated by the Dodd-Frank Act, dwarfing the efforts of investor advocates looking to rein in the banks."
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Jonathan Weil

"Ernst & Young LLP received the usual kid-glove treatment given to too-big-to-fail enterprises when it reached a settlement with the U.S. Justice Department over illegal tax shelters it sold more than a decade ago. . . . There was one area where Ernst made out beyond all reason: A veritable love letter at the bottom of the statement of facts that Ernst and the U.S. Attorney's Office for the Southern District of New York agreed to as part of their accord."

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James K. Glassman

"The Dow Jones Industrial Average set a record this week, but it's still far from the mark that economist Kevin Hassett and I forecast in our 1999 book, 'Dow 36,000.' We wrote in the introduction that 'it is impossible to predict how long it will take' to get to 36,000. Then, in the same paragraph, we rashly made a guess anyway: 'between three and five years.' Today, the far edge of that time frame is clearly in reach."

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Zachary Elkins, Tom Ginsburg & James Melton

"What do Guatemala, Mexico and the U.S. have in common? They are among the very few countries throughout history whose constitutions have guaranteed the right to bear arms. . . . The U.S. gun-rights debate raises intriguing questions about how other countries have addressed the issue in their constitutions."
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FROM THE BLOGS

The Ticker

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Margaret Carlson and Ramesh Ponnuru on Rand Paul's filibuster
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Echoes

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Stephen Bell and Hui Feng on the rise of the People's Bank of China
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The Ticker

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Tobin Harshaw on the return of college culture wars
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