Share the View: Amazon Drones On

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THE LATEST OPINIONS FROM BLOOMBERG VIEW

FEBRUARY 18, 2015 bloombergview.com

TECH The Editors: "The Federal Aviation Administration, in its long, often thankless quest to impose order on the burgeoning drone business, has finally proposed some new rules for commercial operators. The agency is showing restraint, flexibility and an openness to innovation. It still isn't pleasing everyone." Read more... ENERGY A. Gary Shilling: What would happen if oil dropped to $10 a barrel? "Start with the winners from the faceoff, which include the U.S. in general -- the country still imports more than a quarter of its energy needs -- and American consumers in particular." Read more... TERRORISM The Editors: "A video of the beheading of 21 Egyptian Christians by an Islamic State affiliate is sparking calls for outside military intervention in Libya. This is an imprudent response to Islamic State's growing presence and an unrealistic solution to the country's ongoing chaos -- and, in many ways, would make both problems worse." Read more... Noah Feldman: "The expansion of Islamic State's franchise into parts of Libya is horrifying, as the beheading of 21 Egyptian Coptic laborers shows. It's also frightening for a different reason. ... Islamic State might create a unifying umbrella that would subject large parts of the country to its dangerous brand of control." Read more... EUROPE Leonid Bershidsky: "Last weekend's shootings in Copenhagen are a test for Denmark. It's tempting to argue that Denmark's soft approach to dealing with radical Muslims has been found wanting. In truth, it's the country's conflicted approach to freedom of expression that demands closer scrutiny." Read more... IMMIGRATION Cass R. Sunstein: In his decision to strike down President Barack Obama's immigration reform initiative, Judge Andrew S. Hanen, a federal judge in Texas, "almost certainly overreached." Read more... FEDERAL RESERVE Dave Walker: "There has been a considerable amount of controversy regarding the Federal Reserve system in recent years. ... In my view, the GAO should be granted additional authority to audit certain aspects of the Fed's activities. But that authority should be limited and coupled with safeguards to address some of the legitimate concerns Fed officials have expressed." Read more... CONGRESS Ramesh Ponnuru: "Both parties in Washington have coalesced on a common demon. They call it 'currency manipulation,' and they're busy designing bad policies to combat it." Read more... Jonathan Bernstein: "The fight over Homeland Security funding could be canceled after a Texas judge put President Barack Obama's immigration actions on hold, at least temporarily. ... But odds are the showdown over the department's financing will continue." Read more... U.S. ECONOMY Justin Fox: If you're just interested in which industries will deliver the best stock market returns, "history seems to point to an easy shortcut -- invest in companies that sell addictive stuff." Read more... SPORTS Kavitha A. Davidson: "The death of a well-liked hockey journeyman has put another face on the National Hockey League's growing concussion problem. It's also highlighted some of the pitfalls of covering an issue in which the sports media will play a key role in any progress." Read more...