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”.

Dana Milbank: Republican spending plan signals a new culture war

The morning after the House voted to repeal the health-care law, Speaker John Boehner walked into a TV studio in the Capitol complex to announce his next act: “a ban on taxpayer funding of abortions across all federal programs.”

It “reflects the will of the people,” Boehner proclaimed. “It’s one of our highest legislative priorities.”

Actually, Mr. Speaker, 63 percent of voters said the economy was the most important issue, according to exit polls for the November election. Voters asked for jobs – and you’re giving them a culture war.

Dean Baker: Who Can Fight Off the Social Security Pillagers?

That is the question that supporters of Social Security should be asking as we brace for President Obama’s State of the Union address next week. Specifically, the question is whether Senator Majority Leader Harry Reid will keep up his spirited defense of Social Security or whether he will buckle to the pressure from the financial industry and the Washington insiders.

For those who missed it, Senator Reid distinguished himself by saying the obvious on one of the Sunday talk shows two weeks ago. He said that Social Security is not contributing to the deficit and that the shortfall it faces is still distant and relatively minor. He said he was tired of people picking on this program, which is vital to the financial security of tens of millions of retirees and disabled workers and their families.

Truth is rare in Washington, so Senator Reid’s comments really stood out. If the Senator is prepared to hold his ground, he can save the program.

John Nichols & Robert McChesney: Comcast/NBC Merger Takes Media Consolidation to the ‘Disaster’ Level

Senator Al Franken, the former media personality who has emerged as one of the savviest analysts of media policy in Washington, got it exactly right when he termed the anticipated merger of Comcast and NBC Universal a “disaster.”

Like many critics of the deal the Federal Communications Commission approved by a 4-to-1 vote on January 17 (and that the Justice Department’s anti-trust division OK’d the same day), the Minnesota Democrat focused on immediate concerns about America’s largest cable and Internet company merging with one of the country’s oldest and largest news and entertainment producers. “When the same company owns the content and the pipes that deliver that content, consumers lose,” explained the senator. That complaint parallels objections raised by Stop Big Media, a coalition of consumer, labor and community groups that objected to the deal, which studies suggest will cost cable viewers as much as $2.4 billion over the coming decade.

But a second objection voiced by Franken, echoing other critics of the merger, is even more unsettling: “Allowing this merger to proceed could lead to subsequent deals, leaving Americans at the mercy of a few powerful media conglomerates.”

Marcy Wheeler: Obama’s Kabuki Jobs Council, Brought to You By “Nut on China” Jeff Immelt

When Google announced that Eric Schmidt was stepping down yesterday, I joked that Schmidt must be leaving to lead Obama’s campaign economy – the one he’ll use to get re-elected with. After all, Schmidt is one of the Obama’s closest CEO buddies, and he’s leaving at the same time as Jim Messina and Patrick Gaspard are leaving to take over the campaign infrastructure. The decision to close the Office of Political Affairs seems to indicate a decision to stop governing and start spinning wildly to ensure re-election. There’s no area where Obama will need to spin more wildly than with the economy, right?

Turns out, I wasn’t far off.

What else can you conclude from the news that Obama is replacing his President’s Economic Recovery Advisory Board, led by Paul Volcker, with a President’s Council on Jobs and Competitiveness, led by General Electric CEO Jeff “Nut on China” Immelt?

Les Leopold: Financial Socialism by and for Wall Street Elites?

As bonus season arrives, the gap between the American people and Wall Street couldn’t be wider. And where is Washington in this great divide? Don’t ask.

At a moment when Americans desperately want jobs on Main Street and expect Wall Street to pay its fair share, Washington officials are hard at work — seeking jobs for themselves on Wall Street. (Congratulations, Peter Orszag, on parlaying your position as Obama’s OMB director into a top job at CitiGroup, the bank that received hundreds of billions in taxpayer bailouts and guarantees on your watch!)

Most Americans rightly sense that our mixed free-enterprise economy, which once built a broad middle class, has devolved into a system of financial socialism by and for elites. The public wants and deserves answers to these basic questions.

Robert Weissman: One Year Later, Movement Is Growing to Overturn ‘Citizens United’

The theory and practice of the U.S. Supreme Court’s dreadful decision in Citizens United v. Federal Election Commission are incompatible with a well-functioning democracy.

One year and one election after the decision, we know that Citizens United remade the electoral landscape. Not only did it enable corporations to write large checks to affect who would and would not be elected, but it also established that Wild West rules would prevail for campaign 2010. The 2010 campaign and the 2010 election results were influenced quite considerably by Citizens United.

Citizens United has cast a shadow over all policymaking, because elected officials now know that if they cross powerful corporate interests, they face the prospect of an unaccountable, outside campaign to defeat them in the next election.