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A Quick Look at Bloomberg News's Opinion Section for Aug. 20, 2012

THE EDITORS: “Regardless of who wins the presidential election, if
you're middle class, one outcome is certain: Your taxes are going up. .
. . Every serious deficit reduction plan calls for increased revenue
along with spending cuts.” [Read more] And in Russia, THE EDITORS
write, President Vladimir Putin’s treatment of punk band Pussy Riot
“has been a self-inflicted defeat. It has broadcast the repressive
goals of his regime, as well as the limits on his ability to crush
dissent in a more worldly and middle class Russia.” [Read more]
Links:
1. http://us2.campaign-archive2.com/?u=98bac6cd6075b07f398b277fa&id=1b98206d95&e=002874f745
2. http://bloom.bg/NdKwj9
3. http://bloom.bg/Pz6vqb

SIMON JOHNSON: Forget running on Paul Ryan’s Medicare plan. “
The big opportunity for presumptive Republican presidential nominee
Mitt Romney and for conservatives more broadly is to choose this moment
to pivot against big banks. . . . The emerging consensus among
heavyweight Republican intellectuals is that bigger banks should be
forced to fund themselves with much more equity relative to debt.”
[Read more]
Links:
4. http://bloom.bg/NdKEPC

ELENA MARKS: State governors who refuse to set up an insurance exchange
under the Affordable Care Act “
will bring about precisely what they oppose: a federal takeover of a
major part of their states’ insurance systems. The federal government
will come in and build an exchange for them, one that will be extremely
difficult to tailor to local needs.” [Read more]
Links:
5. http://bloom.bg/NdKSWZ

WILLIAM COHAN: The story of whistleblower Peter Sivere, a former
compliance officer at JPMorgan Chase, shows “that for all the tough
talk about better enforcement of financial wrongdoing, just how tightly
government regulators are aligned with the big Wall Street banks they
are supposed to keep an eye on.” [Read more]
Links:
6. http://bloom.bg/NdKHL3

AL HUNT:
This presidential election, a closely divided electorate with a
smaller-than-usual bloc of uncommitted voters means "both sides will
place a premium on turnout." [Read more]
Links:
7. http://bloom.bg/NdKLdP

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