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A Quick Look at Bloomberg News's Opinion Section for Aug. 1, 2012

THE EDITORS: "While Obama and Romney scour the battleground states for
supporters, voters should demand that the candidates show how they
might compromise with the other side to stop us from barreling over"
the fiscal cliff. Here's a start: Strike a deal now to fund public
infrastructure projects for two years while lowering the national debt
by $4 trillion over the next decade. [Read more] And in Thailand,
THE EDITORS write: "With Parliament set to reopen Wednesday, the
government of Prime Minister Yingluck Shinawatra wisely decided to
shelve consideration of two pieces of legislation that threatened to
upset the country’s tenuous political stability. Now it needs to take
steps to promote comity and ensure continued economic progress."
[Read more]
Links:
1. http://us2.campaign-archive2.com/?u=98bac6cd6075b07f398b277fa&id=62e3c84d3f&e=002874f745
2. http://bloom.bg/PnS9Ug
3. http://bloom.bg/PnSrue

MARGARET CARLSON: For most people, money is a source of happiness. For
Mitt Romney, "it may actually be an impediment. In his campaign for
president, Romney's personal fortune has proved to be a tender subject
as well as the source material for many of his worst gaffes." [Read
more]
Links:
4. http://bloom.bg/PnQE8w

CLIVE CROOK: European Central Bank President Mario Draghi's speech last
week "raised expectations and it’s important that he meets them. If he
does, Europe will be taking a big step
toward recovery, albeit only one of many that will be needed over the
coming months and years." [Read more]
Links:
5. http://bloom.bg/PnQWw3

AMITY SHLAES: It’s assumed that Fed Chairman Ben Bernanke has the
“right map” to guide the economy. But “
our traditional monetary chart books, especially the parts that
advocate federal spending or money creation, betray great flaws.”
[Read more]
Links:
6. http://bloom.bg/PnRbXU

MIKHAIL CHERNOV: Before authorities punish banks for manipulating
Libor, “they should ask themselves a question: Who was really harmed? .
. . By lying about their borrowing costs to make themselves look
healthier than they were, banks might actually have done humanity a
great service.” [Read more]
Links:
7. http://bloom.bg/PnRxhm

HANDEL REYNOLDS: When it comes to mammography screenings, there is a
“primacy of politics over science.” The first of three excerpts of “The
Big Squeeze: A Social and Political History of the Controversial
Mammogram” examines the implications of the 2009 conflict over the
efficacy of screenings. [Read more]
Links:
8. http://bloom.bg/PnRQsx

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