“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”.
Robert Reich: The Limping Middle Class
The 5 percent of Americans with the highest incomes now account for 37 percent of all consumer purchases, according to the latest research from Moody’s Analytics. That should come as no surprise. Our society has become more and more unequal.
When so much income goes to the top, the middle class doesn’t have enough purchasing power to keep the economy going without sinking ever more deeply into debt – which, as we’ve seen, ends badly. An economy so dependent on the spending of a few is also prone to great booms and busts. The rich splurge and speculate when their savings are doing well. But when the values of their assets tumble, they pull back. That can lead to wild gyrations. Sound familiar?
Glenn Greenwald; The DOJ’s Escalating Criminalization of Speech
Over the past several years, the Justice Department has increasingly attempted to criminalize what is clearly protected political speech by prosecuting numerous individuals (Muslims, needless to say) for disseminating political views the government dislikes or considers threatening. The latest episode emerged on Friday, when the FBI announced the arrest and indictment of Jubair Ahmad, a 24-year-old Pakistani legal resident living in Virginia, charged with “providing material support” to a designated Terrorist organization (Lashkar-e-Tayyiba (LeT)).
What is the “material support” he allegedly gave? He produced and uploaded a 5-minute video to YouTube featuring photographs of U.S. abuses in Abu Ghraib, video of armored trucks exploding after being hit by IEDs, prayer messages about “jihad” from LeT’s leader, and — according to the FBI’s Affidavit — “a number of terrorist logos.” That, in turn, led the FBI agent who signed the affidavit to assert that “based on [his] training and experience, it is evident that the video . . . is designed as propaganda to develop support for LeT and to recruit jihadists to LeT.” The FBI also claims Ahmad spoke with the son of an LeT leader about the contents of the video and had attended an LeT camp when he was a teenager in Pakistan. For the act of uploading that single YouTube video (and for denying that he did so when asked by the FBI agents who came to his home to interrogate him), he faces 23 years in prison.
Republicans are trying to sell the false premise that protecting the environment inevitably means sacrificing jobs. President Obama should denounce this snake oil for what it is-rather than appear to accept it.
The GOP presidential candidates are in remarkable agreement on two articles of faith: The human imagination, apparently, is incapable of conjuring any circumstance under which any tax may ever be raised. And the Environmental Protection Agency is a sinister laboratory where Birkenstock-shod evildoers conjure regulations purposefully designed to rob Americans of their God-given jobs.
For a typical boss, there’s only one thing better than getting away with not paying your workers: getting the government to supply you with people who will work for free. It’s an employer’s dream that may soon become reality around the country, as President Obama has moved toward incorporating it in his emerging job-creation agenda.
The job-creation flavor of the week is GeorgiaWork$, a job program that has for several years funneled unemployed workers into job slots as “trainees.” Under this half-internship, half-indentured servitude scheme, a worker can earn a $240 weekly stipend on top of regular unemployment benefits for eight weeks, working 24 hours per week. Unlike other job subsidy programs (pdf), which use generally use public dollars to supplement workers’ regular earnings, GeorgiaWork$ allows the state to capitalize on existing unemployment payments while giving a free boost to private employers. Workers, often hired in service sectors like child care and restaurant work, can only hope that their bosses will hire them after their preliminary test run ends.
This system fits well with Obama’s anti-spending, quasi-pro-stimulus double-speak, and his forthcoming jobs plan may include a federal version of Georgia’s virtually free labor system.
E.J. Dionne, Jr.: The Last Labor Day?
Let’s get it over with and rename the holiday “Capital Day.” We may still celebrate Labor Day, but our culture has given up on honoring workers as the real creators of wealth and their honest toil-the phrase itself seems antique-as worthy of genuine respect.
Imagine a Republican saying this: “Labor is prior to and independent of capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.”
These heretical thoughts would inspire horror among our friends at Fox News or in the tea party. They’d likely label them as Marxist, socialist or Big Labor propaganda. Too bad for Abraham Lincoln, our first Republican president, who offered those words in his annual message to Congress in 1861. Will President Obama dare say anything like this in his jobs speech this week?
NEW YORK, Labor Day Weekend 2011 – The magic wand is being readied in the White House as the President and his minions finally unwrap the mother of all jobs plans that will be revealed to the rest of us in a speech next Thursday before the cameras and Congress with the gravitas-packed aura of a State of the Union Address.
Attention, collapsing economy: you finally have the big man’s attention. Nearly 70 organizations are pressing the President to take strong action.
Please give him a break. He’s been busy tending to Empire business — waging GWOT warfare on IraqAfghanistanLibyaYemenPakistanSomalia et.al …
Call it the greatest “long war” in American history: an unending and unbelievably expensive intervention justified as necessary to keep us safe.
We can assume that contingency plans for new wars with Syria, Iran and the Republic of Wikileaks are being drafted as we speak.