“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 Texas Omen
These are tough times for state governments. Huge deficits loom almost everywhere, from California to New York, from New Jersey to Texas.
Wait – Texas? Wasn’t Texas supposed to be thriving even as the rest of America suffered? Didn’t its governor declare, during his re-election campaign, that “we have billions in surplus”? Yes, it was, and yes, he did. But reality has now intruded, in the form of a deficit expected to run as high as $25 billion over the next two years.
And that reality has implications for the nation as a whole. For Texas is where the modern conservative theory of budgeting – the belief that you should never raise taxes under any circumstances, that you can always balance the budget by cutting wasteful spending – has been implemented most completely. If the theory can’t make it there, it can’t make it anywhere.
Eugene Robinson: In Dallas, defusing a sociological bomb: Wrongful convictions
Race still matters in America, and justice is not completely blind. Anyone who believes otherwise should examine the case of Cornelius Dupree Jr., who was ruled innocent Tuesday after spending 30 years in prison – almost his entire adult life – for a brutal carjacking and rape that he did not commit.
Dupree is just the latest of 21 inmates from the Dallas area, almost all of them black, who have been exonerated since a 2001 Texas law permitted DNA testing of the evidence against them. At least another 20 convicts from other parts of the state have similarly been cleared of their crimes. Imagine the wrongs that could be righted if every state had a law like the one in Texas – and if every jurisdiction saved years-old evidence the way Dallas does.
Richard (RJ) Eskow: Three Little Words: How Bill Daley Can Be Your Next Hero
Here’s a suggestion for Bill Daley, three simple words that could turn everything around for the President and his party: Be Joe Kennedy.
Progressives were appalled when FDR appointed that noted stock market manipulator Joe Kennedy to be the first head of the Securities and Exchange Commission. Kennedy had a reputation as a ruthless and unscrupulous master of insider trading. He was a master of the reckless and speculative financial instruments of his day, the early 20th Century equivalents of CDOs and mortage-backed securities. But Kennedy took his job seriously, went after the sharks ferociously, and help stabilize the capitalist system so effectively that it remained sound for another seven decades.
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