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A quick look at Bloomberg News's opinion section

February 21, 2013 For more, visit
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FROM THE EDITORS

U.S.: "What if we told you that, by our calculations, the largest U.S. banks aren't really profitable at all? What if the billions of dollars they allegedly earn for their shareholders were almost entirely a gift from U.S. taxpayers?"


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China: "The recent escalation in Chinese cyberattacks against U.S. targets is a threat to businesses and to the stability of diplomatic relations. It illustrates why Congress must take stronger action to bolster defenses against digital intrusions, and why the rules of cyberwarfare must evolve out of their current state of dangerous ambiguity into something approaching international norms."


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COMMENTARY

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Ezra Klein

Alan Simpson and Erskine Bowles "are back this week with a plan that tries to reposition their policy alongside their reputation: firmly in the center. And that makes it an interesting window into how perceptions of the center -- or what passes for it in Washington -- have shifted since December 2010."

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Michael Kinsley

"Even a conservative who ordinarily doesn't care much for government regulation of business ought to find the case for a government-mandated minimum wage pretty compelling. In brief: As a conservative, you believe in the dignity of work. And it sends a terrible message about the dignity of work when working full-time doesn't earn you enough to live a decent life."

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Megan Greene

"Next week's parliamentary election in Italy is a make-or-break vote for the country. . . If Italians choose a government that won't push ahead with economic reform, or rolls back recent changes that were designed to make the economy more competitive, the country's ability to repay its debt will be in question."

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Jonathan Mahler

"It has been scarcely a week since the International Olympic Committee announced its intention to exclude wrestling from the 2020 Summer Games, and the campaign to 'Save Wrestling' is in full swing. . . . The IOC isn't exactly an honest broker."

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Caroline Baum

"The once-delayed, long-dreaded $85 billion sequester is about to become reality. How do I know? Because President Barack Obama is taking his case, and scare tactics, to the people."

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David Crane

California proves "state revenue simply cannot keep up with the rates at which health-care and employment costs are growing. Failure to address those problems portends even more tax and fee increases and the loss of public services."
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Charles Murray
President Barack Obama "wants to help our nation's children flourish. So do I. So does everyone who is aware of the large number of children who are not flourishing. There are just two problems with his solution: The evidence used to support the positive long-term effects of early childhood education is tenuous, even for the most intensive interventions. And for the kind of intervention that can be implemented on a national scale, the evidence is zero."
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FROM THE BLOGS

The Ticker

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Josh Barro on why we need Republicans
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Echoes

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Hardy Green on how K-rations fed soldiers and saved American jobs
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World View

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Adam Minter
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on China's poisonous fake mutton scandal
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