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A quick look at Bloomberg News's opinion section

September 21, 2012 For more, visit
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FROM THE EDITORS

U.S.
"Poverty isn't as high as the U.S. government says it is. The reason is that federal programs, supported by Democrats and Republicans alike, have dramatically reduced poverty and, by extension, income inequality."

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Japan: Yoshihiko Noda, the presumptive next leader of Japan, "must find his inner Koizumi," the prime minister from 2001 to 2006 known for economic reform. "The formidable economic to-do list includes reducing the world's largest debt without killing growth, managing the consequences of an aging population and a negligible birthrate, tweaking the tax code to cultivate job-creating startups, and raising Japan Inc.'s corporate-governance game."


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COMMENTARY

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Stephen L. Carter

In light of the anti-Muslim video and cartoons that have incited violence in the Middle East, "we should take a moment to consider what it is that makes free speech so valuable, and its suppression so dangerous. This is a moment not to yield to demands for censorship, but to defend and even celebrate the freedoms that the makers of the video and the cartoons so grossly abuse."
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William Pesek

The director of "Japan in a Day," which opens next month, "may be presenting more fiction than science in his portrayal of Japan's recovery" from the March 11, 2011 earthquake. "What's most surprising about Japan 18 months after the biggest earthquake ever recorded in the country is how little has changed."
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Jonathan Weil

Thomas Hoenig is right to speak out against the Basel Committee on Banking Supervision's standards on risk weighting, a system under which "huge swaths of assets are allowed to vanish, making too-big-to-fail financial institutions seem leaner and safer than they are."

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Matt Miller

"Here is an idea for Chicago's mayor and union chief: Now that the strike is over, why not lead a massive march on Springfield together to showcase how the Illinois funding system hurts poor kids? . . . Let's get past ideological attempts to stoke resentment of public workers and focus on how to make schools in poor neighborhoods better."

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Mel and Patricia Ziegler

"We never saw ourselves in business -- and that includes even when we were in business. We were an artist and a writer on an adventure in the wilds of business, and that was it. And now the guy from The Gap wanted to buy us." The last of three excerpts from "Wild Company: The Untold Story of Banana Republic."

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FROM THE BLOGS

Echoes

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Maury Klein on the failure of soak-the-rich tax policies
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The Ticker

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Marc Champion on James Murdoch's peculiar "incompetence"
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The Ticker

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Tobin Harshaw on winners and losers in Chicago's teacher strike
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