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A quick look at Bloomberg News's opinion section

January 29, 2013 For more, visit
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www.bloomberg.com/view

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FROM THE EDITORS

Immigration: "After years of scurrying for political cover, a brave handful of senators held a daylight, weekday news conference in Washington to present -- in writing -- a surprisingly detailed outline for overhauling the nation's immigration laws." With President Barack Obama scheduled to speak on immigration today in Las Vegas, "the sense of momentum in Washington is real."


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Consumer Agency: "Richard Cordray's tenure as director of the Consumer Financial Protection Bureau is now as uncertain as it has been reassuring. As they focus on his upcoming confirmation vote, U.S. senators should focus on Cordray's record, not his status."


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COMMENTARY

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Noah Feldman

"If it was good enough for James Madison, it's good enough for me -- that was the message of the U.S. Court of Appeals in Washington when it struck down the president's power to appoint officials when Congress isn't doing business but is nominally in session. . . . This makes no sense -- or at least no sense in a world that differs from that of 1789."

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Cass R. Sunstein
President Obama's vision of U.S. government "emphasizes the importance of free enterprise, and firmly rejects 'equality of result,' but it is simultaneously committed to ensuring both fair opportunity and decent security for all. In these respects, Obama is updating Franklin Delano Roosevelt's Second Bill of Rights."
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Ramesh Ponnuru

"Conservatives need to get over President Barack Obama. It's time to adjust to a world in which he is never going to be on the ballot again. That's going to require a big change in the psychology of Republicans both in Washington and around the country."
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Jeffrey Goldberg

After Israel's election last week, Prime Minister Benjamin Netanyahu's party "lost ground, and yes, the silent middle of the Israeli electorate believes he should pay more attention to social and economic issues. But Netanyahu will remain Israel's prime minister."

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William Pesek
"Say what you want about Benigno Aquino, but the Philippine president has some brass. First he arrested predecessor Gloria Arroyo on corruption charges and ousted her Supreme Court chief justice. . . . Now Aquino is taking on an immeasurably bigger target: China."
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A. Gary Shilling

"Competitive foreign-exchange devaluations always pit one currency against others. Since competitors often retaliate, no country wins and all lose because of the disruptive effects of this dynamic on foreign trade. This model is valid if all currencies are essentially on the same footing, but it collapses when one, specifically the U.S. dollar, dominates as the primary international trading and reserve currency."
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Read the second of a five-part series

FROM THE BLOGS

The Ticker

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Paula Dwyer on the federal appeals court ruling on recess appointments
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Echoes

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Philip Scranton on public power's role in jump-starting the New Deal
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The Ticker


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Marc Champion on the risk of a return to military rule in Egypt
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