“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.
Roger Cohen: Democracy Still Matters
LONDON – One mystery of the first decade of the 21st century is the decline of democracy. It’s not that nations with democratic systems have dwindled in number but that democracy has lost its luster. It’s an idea without a glow. And that’s worrying.
I said “mystery.” Those who saw something of the blood expended through the 20th century to secure liberal societies must inevitably find democracy’s diminished appeal puzzling. But there are reasons.
The lingering wars waged partly in democracy’s name in Iraq and Afghanistan hurt its reputation, however moving images of inky-fingered voters gripped by the revolutionary notion that they could decide who governs them. Given the bloody mayhem, it was easy to portray “democracy” as a fig leaf for the West’s bellicose designs and casual hypocrisies.
Dean Baker: The Terrible Tale of the TARP Two Years Later
Two years ago, the top honchos at the Fed, Treasury and the Wall Street banks were running around like Chicken Little warning that the world was about to end. This fear mongering, together with a big assist from the elite media (i.e. NPR, the Washington Post, the Wall Street Journal, etc.), earned the banks their $700 billion TARP blank check bailout. This money, along with even more valuable loans and loan guarantees from the Fed and FDIC, enabled them to survive the crisis they had created. As a result, the big banks are bigger and more profitable than ever.
Now, the same crew that tapped our pockets two years ago is eagerly pitching the line that their bailout was good for us. It may be the case the history books are written by the winners, but that doesn’t prevent the rest of us from telling the truth.
Joe Conason: Coalition of fear: Tea Party, the religious right and Islamophobia
At Values Voters summit, anti-Muslim paranoia connects evangelical right with secular Tea Party movement
If the leaders of the religious right aspire to join forces with the Tea Party movement, their hopes were surely encouraged by the Values Voters Summit in Washington — where such Tea Party celebrities Michele Bachmann and Jim DeMint shared the podium with Delaware sensation Christine O’Donnell — all of whom enthusiastically blessed the proposed marriage. Certainly they have much to share in their seething fury at the President and the congressional Democrats.
Bringing together the disparate elements of the right without a charismatic and credible leader like Ronald Reagan remains a challenge, however, since many Tea Party voters are libertarians and independents who have never felt called to the battlements of the culture war. What they seem to share, aside from the perennial aversion to taxes, is a powerful instinct to stigmatize Muslims and seek confrontation with Islam.
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