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A quick look at Bloomberg News's opinion section

January 22, 2013 For more, visit
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FROM THE EDITORS

Mississippi: "One quick way to raise the level of the Mississippi River, in this drought-parched season of idled barges, would be to release more water from dams on its biggest tributary, the Missouri." Why is the idea not debated? "Because federal law prohibits manipulating the Missouri in any way that's expressly meant to help the Mississippi."


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Trade: "Trade figures register the value and volume of stuff leaving one country and entering another, yet the numbers are misleading. . . . The Organization for Economic Cooperation and Development and the World Trade Organization set out to fix this by deconstructing the global supply chain to show how much of an exported phone, truck or dress really originates in a given country. The result is a new data set that could change the entire trade debate."


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COMMENTARY

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Michael Kinsley

"President Barack Obama's speech today made -- or tried to make -- two different points, both concerning the definition of 'rights.' Although couched in the kind of president-ese appropriate to such an occasion, both goals were easy to spot, and both are parts of a solidly liberal vision of society and government."

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William Pesek

On his first day as U.S. Treasury Secretary, Jack Lew "is bound to say 'I support a strong dollar' to reassure markets that there will be no change in long-standing U.S. policy. Nothing could be further from the truth, though, as the yen trades at 2 1/2-year lows and the world considers a response to Japan's blitz on money markets. Get ready for the Currency Wars 2.0."

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Ramesh Ponnuru
Alexis Haller, a lawyer whose nephew was among the murdered at Sandy Hook Elementary School, sent proposals to the White House task force on gun violence. "One is a new reporting requirement: If you have 'knowledge of a grave and imminent threat of serious physical harm' that someone else has made, and 'reasonable cause to believe' that person has access to a gun or bomb, you would have a legal requirement to inform a law-enforcement agency."
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David Goldhill

"Abandoning the profit motive in health care would be such a waste. We rely on it to make almost all of life's other essentials cheaper and better. Yes, private actors require a little more return on capital than governments do; but their competition with one another produces better results and more innovative services that usually overwhelm this small government advantage."

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Roger Lowenstein
"With the imminent retirement of U.S Treasury Secretary Timothy Geithner, who masterminded bailouts while serving as New York Federal Reserve president and later at Treasury, bloggers are firing up another rhetorical fusillade against the Geithner-era bailouts. The anger is misdirected. For one thing, most of the bailouts consisted of loans on which the government and taxpayers will earn a profit. And the bailouts were, in general, the least bad of all possible options."


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FROM THE BLOGS

The Ticker

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Paula Dwyer on Republicans' debt-limit proposal
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The View Editors on the Inauguration

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David Shipley on speech rhetoric
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Francis Wilkinson on moral citizenship
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James Gibney on Obama's globalization
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Zara Kessler on his changing oath of office
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World View

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Tim Judah on a Timbuktu test for Europe
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