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”.

Dean Baker: Why Don’t the Deficit Hawks Want to Tax Wall Street?

The intensity with which the country’s leading deficit hawks continue to ignore financial speculation taxes (FST) is getting ever more entertaining. While deficit hawks like Wall Street investment banker Peter Peterson, Morgan Stanley Director Erskine Bowles and The Washington Post never tire of preaching the virtues of shared sacrifice, somehow sacrifice for Wall Street never features as a part of this story.

The refusal of this group to consider FST is becoming more striking because most of the world appears to be moving in this direction. Last spring, the European Parliament voted by an almost four to one margin in support of FST. The European Commission, the executive body of the European Union (EU), is now making plans to implement a modest tax beginning in 2014.

New York Times Editorial: An Indefensible Punishment

When the Supreme Court reinstituted the death penalty 35 years ago, it did so provisionally. Since then, it has sought to articulate legal standards for states to follow that would ensure the fair administration of capital punishment and avoid the arbitrariness and discrimination that had led it to strike down all state death penalty statutes in 1972.

As the unconscionable execution of Troy Davis in Georgia last week underscores, the court has failed because it is impossible to succeed at this task. The death penalty is grotesque and immoral and should be repealed.

David Sirota: Two Heads of One Political Monster

By now, probably everyone reading this is already sick of America’s quadrennial political spectacle – the one in which politicians and media outlets ask us to believe that there remain vast differences between our two political parties. It’s like cheaply staged pornography on a red and blue set, with words like “polarization,” “socialist,” and “extremist” comprising the breathless dialogue in a wholly unconvincing plot.

Some of this tripe can be momentarily compelling, of course. And as the 2012 election climax draws nearer, many Americans will no doubt submit to the fantasy. But before that happens, it’s worth looking a few levels beneath the orgiastic presidential campaign for a last necessary dose of nonfiction, if only to remind us that the parties are often two heads of the same political monster.

John Nichols: Why Nader, Cornel West, Jonathan Kozol Seek Primary Challenges to Obama

The volume on the ongoing discussion about whether President Obama should face a primary challenge for the 2012 Democratic nomination is constantly being adjusted. When the president compromises on basic premises of progressivism, when he talks of putting Social Security, Medicare and Medicaid cuts “on the table,” and sometimes when he simply seems unfocused and politically inept, the volume goes up. When the president stands strong, however, when he outlines plans for making the rich pay their fair share, when he promotes infrastructure and investment in he face of Republican intransigence, sometimes when he simply seems to “get” that there is a point where compromise becomes capitulation, the talk dies down.

After the president drew some lines in the sand last Monday, with a speech that laid out the case for genuine shared sacrifice by the wealthy and that seemed to reject the most extreme cuts to Social Security, Medicare and Medicaid, the “Primary Obama” volume dialed downward. As Michael Moore said on MSNBC the other day: “It doesn’t take much” to renew the “hope”-or, at least, the partisan fidelity-that made Obama the most politically potent Democratic presidential nominee since Lyndon Johnson in 1964.

Joan Walsh: Are white liberals abandoning the president?

A Nation writer worries that an “insidious form of racism” explains their criticism of Obama. I don’t see evidence

The Nation’s most-read article this week is by my friend Melissa Harris-Perry, “Black President, Double Standard: Why White Liberals Are Abandoning Obama.” Perry doesn’t mention any white liberals by name, nor cite polls showing a decline in support for President Obama among white liberals (as opposed to white voters generally, where his approval rating has dropped sharply). But her piece touched a nerve because of the widespread perception that white liberals are, in fact, abandoning the president.

I’m not sure how to argue with a perception, which is by definition subjective, but I’m going to try, because this is becoming a prevalent and divisive belief. When I say Melissa Harris-Perry is my friend, I don’t say that rhetorically, or ironically; we are professional friends, we have socialized together; she has included me on political round tables; I like and respect her enormously. That’s why I think it’s important to engage her argument, and I’ve invited her to reply.

E J. Dionne, Jr.: Only Conservatives Can End the Death Penalty

How can we end the death penalty in the United States?

Every so often, one capital case receives wide attention and makes a public spectacle of the American machinery of death. Last week, it was the controversy over Troy Davis, who was executed in Georgia after years of impassioned argument, organizing and litigation.

I honor those who worked so hard to save Davis’ life because they forced the nation to deal with all of the uncertainties, imperfections and, in some instances, brutalities of the criminal justice system.