“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”.
Paul Krugman: The World as He Finds It
On Wednesday David Axelrod, President Obama’s top political adviser, appeared to signal that the White House was ready to cave on tax cuts – to give in to Republican demands that tax cuts be extended for the wealthy as well as the middle class. “We have to deal with the world as we find it,” he declared.
The White House then tried to walk back what Mr. Axelrod had said. But it was a telling remark, in more ways than one.
The obvious point is the contrast between the administration’s current whipped-dog demeanor and Mr. Obama’s soaring rhetoric as a candidate. How did we get from “We are the ones we’ve been waiting for” to here?
But the bitter irony goes deeper than that: the main reason Mr. Obama finds himself in this situation is that two years ago he was not, in fact, prepared to deal with the world as he was going to find it. And it seems as if he still isn’t.
Bob Herbert: This Raging Fire
When I was a kid my Uncle Robert, for whom I was named, used to say that blacks needed to “fight on all fronts, at home and abroad.”
By that he meant that while it was critically important to fight against racial injustice and oppression, it was just as important to support, nurture and fight on behalf of one’s family and community.
Uncle Robert (my father always called him Jim – don’t ask) died many years ago, but he came to mind as I was going over the dismal information in a new report about the tragic conditions confronting a large portion of America’s black population, especially black males.
The report, titled “A Call for Change,” begins by saying that “the nation’s young black males are in a state of crisis” and describes their condition as “a national catastrophe.” It tells us that black males remain far behind their schoolmates in academic achievement and that they drop out of school at nearly twice the rate of whites.
Black children – boys and girls – are three times more likely to live in single-parent households than white children and twice as likely to live in a home where no parent has full-time or year-round employment.
In 2008, black males were imprisoned at a rate six-and-a-half times higher than white males.
The terrible economic downturn has made it more difficult than ever to douse this raging fire that is consuming the life prospects of so many young blacks, and the growing sentiment in Washington is to do even less to help any Americans in need. It is inconceivable in this atmosphere that blacks themselves will not mobilize in a major way to save these young people. I see no other alternative.
Robert Reich: The Failure of the G-20 Summit
The president emerged Friday from a meeting with the heads of state and finance ministers of the 20 biggest economies, in Seoul, South Korea, saying they had agree to “get the global economy back on the path of recovery.”
But where are the specifics? The three-page communique that also emerged from the session brims with bromides about the importance of “rebalancing” the global economy, “coordinating” policies, and refraining from “competitive devaluations.”
All nice, but not a single word of agreement from China about revaluating the yuan, or from the United States about refraining from further moves by the Fed to flood the U.S. economy with money (thereby reducing interest rates, causing global investors to look elsewhere for higher returns, and lowering the value of the dollar).
Naomi Klein: G20 Trials and the War on Activism
So we are here to raise money.
But more fundamentally, we are here because we know what happened in this city during the G20 and the wrong people are on trial for it.
There are police officers that should be facing charges for assault and harassment — and so should any supervisors who enabled or covered over those abuses.
So far no one in authority has paid any price for what happened. . . . .
But this is not just about the cops. There are also high-level politicians who should be under investigation — for their role in ordering the militarization of our city, for subverting the legislative process to increase police powers, for grossly misappropriating public funds, using them to buy off constituents and grease donors. Tony Clement, we are talking about you.
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