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A quick look at Bloomberg News's opinion section

January 17, 2013 For more, visit
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FROM THE EDITORS

Guns: President Barack Obama knows the obstacles he faces on gun policy. "Nevertheless, there is enough substance in the president's agenda -- and enough nascent public support for its particulars -- to make a difference. Congress is a vital arena in the fight for gun safety; it is not the only one."


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Mali: "It took the fear that Mali's capital would fall to Islamic militants for the U.S. and France to part agreeably on the question of intervention. France has sent troops; the U.S. won't, though it will help in other ways. That's an appropriate division of labor, given the different stakes the countries have in Mali."


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COMMENTARY

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Caroline Baum

A new rule from the Consumer Financial Protection Bureau is "'designed to ensure that lenders are offering mortgages that consumers can actually afford to pay back,' Richard Cordray, the bureau's director, said. . . . What does it say when we have to codify what should be common sense and best lending practices? I think it says that incentives became misaligned."

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Jonathan Mahler

"In case you haven't heard, Lance Armstrong has confessed to doping during his cycling career. . . . Now that our long era of shattered innocence is finally over, it's time to move past the sanctimony and outrage and proceed with a more sensible conversation about drugs and sports."

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Margaret Carlson
"Sandy Hook changed the one person who matters more than almost any other: the president. . . . After mentioning guns only rarely in four years, he essentially announced on Wednesday the biggest battle against gun violence in decades."
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Ezra Klein

"The Democrats have mostly won the debate over what the government should do, while the Republicans have mostly won the debate over how much the government should tax. Sadly, the two sides of that equation don't come anywhere near to adding up. The war currently raging from cliff to cliff is about bringing taxation and commitments closer into alignment."

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Steven Greenhut

California Governor Jerry Brown's new budget "is the latest in a series of 'kick the can down the road' budgets that ignores the coming tsunami of debt. It rewards public-employee unions with pay and benefit increases -- while shielding them from desperately needed pension reforms -- and ignores deep problems within the state's economy."
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Fouad Ajami

"The U.S. is quitting Afghanistan, and the morning after it does, the Taliban will begin the reconquest of that tragic land. After 11 years, and a toll of more than 2,000 Americans killed, over 18,000 wounded, and the expenditure of more than $600 billion, what is perhaps the longest U.S. war is winding down."

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FROM THE BLOGS

The Ticker

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Paula Dwyer on Jamie Dimon's pay cut
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Echoes

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Colin Read on the Marxist founder of quantitative finance
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The Ticker


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Tobin Harshaw on British discontentment with horse meat
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