American - Journalist | May 26, 1950 -
The attack on the U.S. Consulate in Benghazi has become a political football in the presidential campaign, with all the grandstanding and misinformation that entails.
David Ignatius
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2011 was a year in which events rarely turned out as predicted, and when much of the world seemed shrouded in turmoil and uncertainty. It was difficult for government analysts back in Washington to know just where they were on the map, let alone where they were heading.
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President Obama was right to ban torture, but the public must understand that this decision carries a potential cost in lost information. That's what makes it a moral choice.
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Hedge-fund managers make too much money relative to their social utility. I wish their rewards were a bit closer to those of, say, schoolteachers.
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The best restraint is old-fashioned market discipline, in which financial traders know that they, personally, will lose a ton of money if they take risky bets that don't pan out.
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Make the financial industry pay for its mistakes. That's the idea behind the best of the Obama administration's reform proposals: If banks issue securities backed by mortgages, say, then require them to hold some of that paper so that they will bear some of the losses.
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We're grappling with the same issue facing all advanced economies - how to revive growth and distribute its fruits more fairly. An America that can tackle that problem head-on can perhaps help revive a stagnant global economy.
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A disaffected America can be drawn into a civilized - but disruptive - dialogue about political change and reformation.
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If you want to hear arguments against deploying a big U.S. ground force in Syria, just ask a general.
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My guess is that before Obama departs, he will adopt some of the more aggressive military options he has been resisting, such as 'safe zones' inside Syria and more aggressive deployment of U.S. special forces.
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U.S. adversaries exploit power gaps. It's easier for Russia to invade Ukraine with irregular forces out of uniform, the so-called 'little green men,' than to send a conventional army that would challenge NATO.
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What frustrates U.S. officials is that China sometimes seems more comfortable accommodating a strong United States, as it did in past decades, than partnering with an America that's less dominant.
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