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A quick look at Bloomberg News's opinion section

January 14, 2013 For more, visit
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FROM THE EDITORS

Arab Spring: "Building Arab democracies with open economies is proving much harder than was, perhaps naively, anticipated. . . . Yet the Arab Spring has not failed. Democracy in the Middle East need not lead to the spread of failed states and radical Islam, and it is not too late to respond. What's needed is a bigger and more focused effort, along with a healthy serving of patience."


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Magic Cars: "Autonomous cars could create lucrative new businesses, spur welcome advances in public planning, vastly improve our quality of life, mitigate human error on the roads, and, not least, reduce the more than 30,000 annual driving fatalities in the U.S. alone. There will also be drawbacks and unintended consequences. That's why policy makers need to start planning for a future that seems to be arriving faster than we ever expected."


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COMMENTARY

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William D. Cohan

"An enterprising piece of investigative reporting by Bloomberg News's Max Abelson, about a 'secret' team inside Goldman Sachs Group Inc. charged with investing $1 billion of the firm's money, raised eyebrows on Wall Street. More important, the story raises major questions about whether the so-called Volcker rule -- still being written in Washington's halls of power -- will put too fine a point on the kinds of risks Wall Street banks are permitted to take."
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Pankaj Mishra

"India these days brims with a free-floating rage against an obscenely venal and cossetted political class that zealously guards its privileges and perks." Recent protests, including last month's over the gang rape, have been "widely greeted as the harbinger of a politically awakened and empowered middle class. The government, however, has calculated otherwise."
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Albert R. Hunt

"The nomination of former Senator Chuck Hagel to be defense secretary could generate an important debate over national security. That will only happen if critics skip sideshows such as ridiculous accusations that he is anti-semitic or pro-terrorist and avoid cherry picking his votes."

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Moncef Marzouki, Tunisian President

"All Arab dictators will fall, probably within the next 10 years. . . . Despite the initial jolts inherent in any transition period, Tunisians have established a government, led by a coalition of moderate secularists and moderate Islamists. . . . The success of the Tunisian experiment will have a very positive impact on the entire Arab world."

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Hal S. Scott

"We must return to our regulators the tools -- taken away by the 2010 Dodd-Frank Act -- that enabled the U.S. to survive the most pernicious aspect of the 2008 crisis: the contagion following the collapse of Lehman Brothers Holdings Inc. Had Dodd-Frank been enacted in 2008, the financial meltdown would have been even more devastating."

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FROM THE BLOGS

The Ticker

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Clive Crook on the platinum coin bubble
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The Ticker

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Jonathan Alter on what Franklin D. Roosevelt would have thought of the platinum coin
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The Ticker


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Shikha Dalmia on how to manage Detroit's bankruptcy
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