Subject: Share the View: Benghazi Standard
From: "Bloomberg View" <[email-masked]>
To: <[email-masked]>
Date: Thu, 20 Dec 2012 04:02:05 -0600

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A quick look at Bloomberg News's opinion section

December 20, 2012 For more, visit 
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FROM THE EDITORS» 

Benghazi: "The unclassified report from the independent investigation into the attacks on Sept. 11 at the U.S. mission in Benghazi, Libya, provides a bracing anatomy of a tragedy. It would be a mistake, however, to accept it as a blueprint for reform of security at U.S. facilities overseas."

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Libor:
"At a time when it seemed global banks' transgressions, from interest-rate rigging to money laundering, could hardly get worse, UBS AG managed to break new ground with this week's revelations of Libor manipulation."

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COMMENTARY

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Michael Kinsley» 

"Critics of the capital-gains tax are absolutely correct when they say that a tax on capital hurts our economy by reducing the incentive to save and invest. . . . But you have to tax something if you want to spend on something else."

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http://click.email.bloomberg.com/?qs=d397f667b405ea4ae8fa7f900c4aeb4428d18676456e768d625807ec46aa7b7c 
Caroline Baum» 

"The $1.2 trillion of revenue President Barack Obama hopes to generate by raising taxes on the rich, revised from an initial $1.6 trillion, represents only a small down payment on a budget solution. By minimizing the real source of the problem, which is runaway growth in entitlements, especially health care, Obama isn't doing the country any favors."

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http://click.email.bloomberg.com/?qs=d397f667b405ea4a98dd11b222eb0c3737d567e1c87a901d2283fad8818ed8c7 
Ezra Klein» 

The size of the deficit reduction deal depends on how you look at it. "Viewed from one angle, the tentative Obama/Boehner deal is surely small-ball. It includes about $1 trillion in tax revenue and $1 trillion in spending cuts, for a total of about $2 trillion in deficit reduction over 10 years. . . . If you prefer a medium-size total, change your vantage point." 
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http://click.email.bloomberg.com/?qs=d397f667b405ea4a47ac368457e7cdea45c3ec2aa8c0ff172ce3c54e0b493101 
Jonathan Mahler» 

The National Hockey League's Gary Bettman "is the most inept commissioner in North American professional sports." He recently filed a lawsuit against his own players and "wants to eliminate signing bonuses, cut the salary cap, increase time in the league required before free agency and set the maximum duration of contracts at five years."

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http://click.email.bloomberg.com/?qs=d397f667b405ea4ae27c724698dd6c5d1321cea0bb7562ac9d7c4cb9860ede8a 
A. Gary Shilling» 

In India "the plan to let foreign multi-brand retailers own as much as 51 percent of local ventures was revived to attract foreign direct investment, improve supply- chain infrastructure, raise incomes for farmers by cutting out marketing middlemen, and reduce costs for consumers." But "with poor infrastructure, including inadequate warehouses and cold-storage facilities, and difficulties in buying land, Wal-Mart says it will take a year to 18 months to open its first Indian store, and profits may be much further off."
http://click.email.bloomberg.com/?qs=d397f667b405ea4a50f172745ea53174e3939347d1da8cbdf839cf2940c5316e 
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http://click.email.bloomberg.com/?qs=d397f667b405ea4a61b441d16554dfee2c7e4346d6d4690dfcdb81bc1d10bab5 
Craig R. Whitney» 

Gun-rights lobbies say they contribute to public safety "by carrying weapons. Yet after Newtown, it is hard for most of us to understand how easy access to military-style, rapid-fire, semiautomatic weapons such as the one Adam Lanza used to kill all those children makes us safer."

http://click.email.bloomberg.com/?qs=d397f667b405ea4a0d36333814adfec6e285fbac648bdf6971dc557ca2197553 
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FROM THE BLOGS

The Ticker

http://click.email.bloomberg.com/?qs=d397f667b405ea4a81774830a5d3872e5852814230ddd3254512259b9b100b0b 
Josh Barro on the policy rationale behind plan B 
http://click.email.bloomberg.com/?qs=7d08573d1b2f6e19ef7f51fa2b2bf521ac6741952de592e417e75c1d6adf5a96 
»

Echoes

http://click.email.bloomberg.com/?qs=d397f667b405ea4aac42bf2cb1c84555fe33815cf21f1c1bfa03c7d258d2d959 
Edward Tenner on the inventor of the bar code 
http://click.email.bloomberg.com/?qs=7d08573d1b2f6e19ef7f51fa2b2bf521ac6741952de592e417e75c1d6adf5a96 
»

The Ticker

http://click.email.bloomberg.com/?qs=d397f667b405ea4a759124206a959a765dbb11ded1af4a88a3e6aa49e7b938ab 
Evan Soltas on the Social Security double standard 
http://click.email.bloomberg.com/?qs=7d08573d1b2f6e19ef7f51fa2b2bf521ac6741952de592e417e75c1d6adf5a96 
»

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