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”.

Wednesday is Ladies’ Day

Amy Goodman: The Brave New World of Occupy Wall Street

We got word just after 1 a.m. Tuesday that New York City police were raiding the Occupy Wall Street encampment. I raced down with the “Democracy Now!” news team to Zuccotti Park, renamed Liberty Square. Hundreds of riot police had already surrounded the area. As they ripped down the tents, city sanitation workers were throwing the protesters’ belongings into dump trucks. Beyond the barricades, back in the heart of the park, 200 to 300 people locked arms, refusing to cede the space they had occupied for almost two months. They were being handcuffed and arrested, one by one.  [..]

A New York state judge ruled late Tuesday that the eviction will stand, and that protesters cannot return to Zuccotti Park with sleeping bags or tents. After the ruling, a constitutional attorney sent me a text message: “Just remember: the movement is in the streets. Courts are always last resorts.” Or, as Patti Smith famously sings, “People Have the Power.”

Katrina vanden Heuvel; Progressives on the march to take over Congress

Progressives are on the move once more. Wisconsin lit the spark, as workers, students, teachers and farmers occupied the state’s capitol in February and launched recall elections that sobered conservative Republican Gov. Scott Walker and his legislative allies. Occupy Wall Street turned that spark into a conflagration that swept the nation. Last week, in Ohio and Maine and even Mississippi, voters overwhelmingly rejected efforts to trample worker rights, constrict the right to vote and roll back women’s rights.

These electoral victories have led pundits to wonder whether Occupy Wall Street will imitate the Tea Party and stand candidates for office. But Occupy is a protest movement – one that has transformed the landscape of politics, by forcing the country to face the reality of entrenched inequality and power and address what should be done about it. It will take others to fill the space that it has opened.

Mary Bottari As Zuccotti Park Is Cleared, Congress Moves to Gut Financial Reform

In the dead of night last night, the movement to hold big banks accountable for their crimes took two major hits. Occupy Wall Street activists were swept from Zuccotti Park as radical members of Congress moved to gut funding for the Commodity Futures Trading Commission (CFTC) and advance a series of shocking proposals to roll back financial reform.

Midnight Madness

Mayor Bloomberg decided that a bit of dirt and grime was worth risking a riot. He arrested over 70 in Zuccotti Park, issuing a lengthy and unconvincing statement regarding the dangers of camping. So worried was the NYPD about what might happen, they forced down a CBS helicopter filming from above, according to Gawker.

On Capitol Hill, a similar rout was taking place in the dead of night. In a fast move that deals a serious blow to a key regulator in charge of Wall Street derivatives trading, Obama’s budget request for CFTC was cut by more than a third by GOP legislators eager to kill any oversight of Wall Street.

Anne Applebaum: La Commedia è Finita!

All political careers end in failure, a British politician once said. Even so, politicians rarely fail as spectacularly as did Silvio Berlusconi, who at long last resigned on Saturday night, to the cheers of his countrymen (“la commedia è finita!” writes an Italian friend) and the approval of stock markets around the world.



Not that he is aware of having failed: On the contrary, Berlusconi clung to power-petulantly, angrily-until the bitter end. He finally left office only because “eight traitors,” in his words, failed to support him during a vote last week, and he lost his parliamentary majority. Had that not happened, he surely would have carried on, even as the Italian financial system collapsed in a hail of fire and brimstone all around him.



I leave it to others to puzzle out what will happen to the Italian financial system next, and I don’t envy them. A couple of weeks ago, I heard a senior European central banker solemnly declare that the future of the entire continent might well depend upon whether and when his colleagues would once again begin to purchase Italian government bonds. It is bad enough that Greece is about to go down in flames. But Italy? The fourth-largest economy in Europe? The eighth-largest economy in the world?

Birgitta Jónsdóttir: Lessons from Iceland: The People Can Have the Power

As early progress in Iceland shows since the banking collapse, the 21st century will be the century of the common people, of us

The Dutch minister of internal affairs said at a speech during free press day this year: “Law-making is like a sausage, no one really wants to know what is put in it.” He was referring to how expensive the Freedom of Information Act is, and was suggesting that journalists shouldn’t really be asking for so much governmental information. His words exposed one of the core problems in our democracies: too many people don’t care what goes into the sausage, not even the so-called law-makers, the parliamentarians.

If the 99% want to reclaim our power, our societies, we have to start somewhere. An important first step is to sever the ties between the corporations and the state by making the process of lawmaking more transparent and accessible for everyone who cares to know or contribute. We have to know what is in that law sausage; the monopoly of the corporate lobbyist has to end – especially when it comes to laws regulating banking and the internet.

Joan Walsh: Newt Gingrich: His baggage has baggage

The GOP presidential primary is a lot like a kindergarten t-ball game: When it comes to being in first place, just about everybody gets a turn. And now, congratulations, Newt Gingrich: It’s your turn!

Steve Kornacki wrote about the Public Policy Polling survey that found Gingrich is following in the footsteps of Donald Trump, Michele Bachmann, Rick Perry and Herman Cain as the Republican flavor of the week. Gingrich benefits from three things: A lot of Republicans can’t stand Mitt Romney, Cain and Perry have shamed themselves in public, and by contrast, he’s had no bad debates. So far he’s come off as smart and affable, trying to rally his rivals against the big, bad media that’s trying to get them to fight.

Since Gingrich has mostly been in single digits, far back in the polls, his rivals have humored him and ignored his liabilities. That’s about to change, and Gingrich, like Perry, Cain and Michele Bachmann before him, will likewise wither under the hot sun of political scrutiny. The seemingly affable professor and author is a hothead with many political liabilities and almost as many enemies. He’s committed so many political and ethical transgressions that his baggage has baggage.

Laurie PennyOccupy Wall Street: Police Violence Reveals a Corrupt System

Better-off Occupy Wall Street protesters are learning something about the relationship between citizen and state

At four in the morning in lower Manhattan, as what remains of the Occupy Wall Street encampment is loaded into trash compacters, some protesters have still not given up on the police. Kevin Sheneberger tries to engage one NYPD officer in a serious debate about the role of law enforcement in public protest. Then he sees them loading his friend’s tent into the back of a rubbish truck. Behind him, a teenage girl holds a hastily written sign saying: “NYPD, we trusted you – you were supposed to protect us!”

The sentiment is a familiar one. Across Europe, over a year of demonstrations, occupations and civil disobedience, anti-austerity protesters have largely shifted from declaring solidarity with the police – as fellow workers whose jobs and pensions are also under threat – to outrage and anger at state violence against unarmed protesters. Following last month’s police brutality in Oakland, and today’s summary eviction of the Occupy Wall Street camp, American activists too are reaching the conclusion that “police protect the 1%”.