Punting the Pundits

“Punting the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

Thanks to ek hornbeck, click on the link and you can access all the past “Punting the Pundits”.

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Rebecca Solnit: Thoughts for the Second Anniversary of Occupy Wall Street

I would have liked to know what the drummer hoped and what she expected. We’ll never know why she decided to take a drum to the central markets of Paris on October 5, 1789, and why, that day, the tinder was so ready to catch fire and a drumbeat was one of the sparks. [..]

Such transformative moments have happened in many times and many places — sometimes as celebratory revolution, sometimes as terrible calamity, sometimes as both, and they are sometimes reenacted as festivals and carnivals. In these moments, the old order is shattered, governments and elites tremble, and in that rupture civil society is born — or reborn.

In the new space that appears, however briefly, the old rules no longer apply. New rules may be written or a counterrevolution may be launched to take back the city or the society, but the moment that counts, the moment never to forget, is the one where civil society is its own rule, taking care of the needy, discussing what is necessary and desirable, improvising the terms of an ideal society for a day, a month, the 10-week duration of the Paris Commune of 1871, or the several weeks’ encampment and several-month aftermath of Occupy Oakland, proudly proclaimed on banners as the Oakland Commune.

Richard (RJ) Eskow: Memo to Washington: The Occupy Movement Is Very Much Alive

September 17 marks the second anniversary of the Occupy movement. When that movement is mentioned at all in Washington, which is rarely, the tone is dismissive. It didn’t have coherent goals, someone will say. It needed an electoral strategy, somebody else will add. No wonder it didn’t last.

That’s getting it backwards. The Occupy movement wasn’t the foundation for change, it was the reflection of a deeper desire for it. It was the effect, not the cause, and it won’t disappear because of wishful thinking.

Occupy was the product of a deep-seated yearning for economic justice, equality of opportunity, and a return to the kind of economy that lifted people out of poverty and spawned a large and prosperous middle class. It was the fruit of widespread and intense anger at Wall Street and Corporate America, and against those in the political class who helped them hijack the economy. Those sentiments are very much alive in the American political process.

If you don’t believe that, just ask Larry Summers.

(emphasis mine)

Chris Hedges: The Dead Rhetoric of War

The intoxication of war, fueled by the euphoric nationalism that swept through the country like a plague following the attacks of 9/11, is a spent force in the United States. The high-blown rhetoric of patriotism and national destiny, of the sacred duty to reshape the world through violence, to liberate the enslaved and implant democracy in the Middle East, has finally been exposed as empty and meaningless. The war machine has tried all the old tricks. It trotted out the requisite footage of atrocities. It issued the histrionic warnings that the evil dictator will turn his weapons of mass destruction against us if we do not bomb and “degrade” his military. It appealed to the nation’s noble sacrifice in World War II, with the Secretary of State John Kerry calling the present situation a “Munich moment.” But none of it worked. It was only an offhand remark by Kerry that opened the door to a Russian initiative, providing the Obama administration a swift exit from its mindless bellicosity and what would have been a humiliating domestic defeat. Twelve long years of fruitless war in Afghanistan and another 10 in Iraq have left the public wary of the lies of politicians, sick of the endless violence of empire and unwilling to continue to pump trillions of dollars into a war machine that has made a small cabal of defense contractors and arms manufacturers such as Raytheon and Halliburton huge profits while we are economically and politically hollowed out from the inside. The party is over.

Chris Weigant: Summers Out

This isn’t a changing-of-the-seasons article, it is in fact an article marking the withdrawal of Larry Summers for nomination to the head job at the Federal Reserve. I suppose I could have made it both, but then I would have had to title it “Summer’s Out: Summers Out” which somehow just seems even more confusing. All kidding aside, though; liberals, lefties, progressives, and populists alike are heaving a giant sigh of relief at this news. Larry Summers has now realized he very well could lose a Senate confirmation vote and so he decided instead to take his name out of consideration for the appointment.

Two recent “anniversary” news stories seem particularly relevant here. The first is the five-year anniversary of the collapse of Lehman Brothers, a giant trigger for the financial meltdown on Wall Street and all that followed. The second is the two-year anniversary of Occupy Wall Street.

Robert McChesney and John Nichols: Dollarocracy: How Big Money Undermines Our Democracy

And how we can take it back

We’ve found through our experience that timid supplications for justice will not solve the problem,” declared the Rev. Martin Luther King Jr. in 1967 as he announced the civil rights movement’s pivot toward the economic justice message of the Poor People’s Campaign. “We’ve got to massively confront the power structure.” [..]

The United States has experienced fundamental changes that are dramatically detrimental to democracy. Voters’ ability to define political discourse has been so diminished that even decisive election results like Barack Obama’s in 2012 have little impact. That’s because powerful interests-freed to, in effect, buy elections, unhindered by downsized and diffused media that must rely on revenue from campaign ads-now set the rules of engagement. Those interests so dominate politics that the squabbling of Democrats and Republicans, liberals and conservatives, is a sideshow to the great theater of plutocracy and plunder. This is not democracy. This is dollarocracy.

Robert Reich: The Myth of the ‘Free Market’ and How to Make the Economy Work for Us

One of the most deceptive ideas continuously sounded by the Right (and its fathomless think tanks and media outlets) is that the “free market” is natural and inevitable, existing outside and beyond government. So whatever inequality or insecurity it generates is beyond our control. And whatever ways we might seek to reduce inequality or insecurity — to make the economy work for us — are unwarranted constraints on the market’s freedom, and will inevitably go wrong.

By this view, if some people aren’t paid enough to live on, the market has determined they aren’t worth enough. If others rake in billions, they must be worth it. If millions of Americans remain unemployed or their paychecks are shrinking or they work two or three part-time jobs with no idea what they’ll earn next month or next week, that’s too bad; it’s just the outcome of the market.

According to this logic, government shouldn’t intrude through minimum wages, high taxes on top earners, public spending to get people back to work, regulations on business, or anything else, because the “free market” knows best.