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”.

Paul Krugman: G.O.P. Monetary Madness

When it comes to views on economics, Republicans have been consistent, clear and wrong.When it comes to views on economics, Republicans have been consistent, clear and wrong.

Apparently the desperate search of Republicans for someone they can nominate not named Willard M. Romney continues. New polls suggest that in Iowa, at least, we have already passed peak Gingrich. Next up: Representative Ron Paul.

In a way, that makes sense. Mr. Romney isn’t trusted because he’s seen as someone who cynically takes whatever positions he thinks will advance his career – a charge that sticks because it’s true. Mr. Paul, by contrast, has been highly consistent. I bet you won’t find video clips from a few years back in which he says the opposite of what he’s saying now.

Unfortunately, Mr. Paul has maintained his consistency by ignoring reality, clinging to his ideology even as the facts have demonstrated that ideology’s wrongness. And, even more unfortunately, Paulist ideology now dominates a Republican Party that used to know better.

New York Times Editorial: Politics Over Principle

President Obama has caved in to political pressure and will sign a dangerous bill that will make indefinite detention and military trials part of American law.

The trauma of Sept. 11, 2001, gave rise to a dangerous myth that, to be safe, America had to give up basic rights and restructure its legal system. The United States was now in a perpetual state of war, the argument went, and the criminal approach to fighting terrorism – and the due process that goes along with it – wasn’t tough enough.

President George W. Bush used this insidious formula to claim that his office had the inherent power to detain anyone he chose, for as long as he chose, without a trial; to authorize the torture of prisoners; and to spy on Americans without a warrant. President Obama came into office pledging his dedication to the rule of law and to reversing the Bush-era policies. He has fallen far short.

Fallen short? He has embraced and strengthened the worst of the Bush agenda.

William K. Black: Dante’s Divine Comedy: Banksters Edition

Sixty Minutes‘ December 11, 2011 interview of President Obama included a claim by Obama that, unfortunately, did not lead the interviewer to ask the obvious, essential follow-up questions.

   “I can tell you, just from 40,000 feet, that some of the most damaging behavior on Wall Street, in some cases, some of the least ethical behavior on Wall Street, wasn’t illegal.”

Obama did not explain what Wall Street behavior he found least ethical or what unethical Wall Street actions he believed was not illegal. It would have done the world (and Obama) a great service had he been asked these questions. He would not have given a coherent answer because his thinking on these issues has never been coherent. If he had to explain his position he, and the public, would recognize it was indefensible. I offer the following scale of unethical banker behavior related to fraudulent mortgages and mortgage paper (principally collateralized debt obligations (CDOs)) that is illegal and deserved punishment. I write to prompt the rigorous analytical discussion that is essential to expose and end Obama and Bush’s “Presidential Amnesty for Contributors” (PAC) doctrine. The financial industry is the leading campaign contributor to both parties and those contributions come overwhelmingly from the wealthiest officers – the one-tenth of one percent that thrives by being parasites on the 99 percent.

Robert Sheer: Christopher Hitchens: Reason in Revolt

Hitch is dead. Not, obviously, his brilliant body of work, or the stunning examples of a grand and unfettered intellect that will forever survive him, as will the indelible record of his immense wit and passion. But, sadly, a life force that I had assumed as an indissoluble part of our political and literary landscape, as well as my own close circle of friends, has ended, and with it an indispensable element of our collective moral code.

Christopher Hitchens could be wrong; we had harsh public debates about the Iraq war, but I never doubted that, even then, he was coming from a good place of humane concern. In that instance, he allowed his great compassion for the Kurds and his justifiable loathing of Saddam Hussein to overwhelm a lifetime of opposition to the arrogant assumptions of America’s neo-colonialism. Despite the vehemence of our debates, both public and personal, he and his saving grace and wife, Carol Blue, held a gathering at their home to discuss a book I wrote on the subject. This was a man unafraid of intellectual challenge and committed to pursuing the heart of the matter.

That was his driving force, a seeker of truth to the end, and a deservedly legendary witness against the hypocrisy of the ever-sanctimonious establishment. What zeal this man had to eviscerate the conceits of the powerful, whether their authority derived from wealth, the state, or a claim to the ear of the divine.

Eugene Robinson: Been There, Thought That

Can we please bury the notion that Newt Gingrich is some kind of deep thinker? His intellect may be as broad as the sea, but it’s about as deep as a birdbath.

I’m not saying the Republican presidential front-runner is unacquainted with ideas. Quite the contrary: Ideas rain through his brain like confetti, escaping at random as definitive pronouncements about this or that. But they are other people’s ideas, and Gingrich doesn’t bother to curate them into anything resembling a consistent philosophy. Given enough time, I’m convinced, he will take every position on every issue.

Bill Boyarsky: Bernie Sanders Explains Why Congress Fears Citizens United

It took just 12 minutes and 29 seconds on the Senate floor Sunday for Sen. Bernie Sanders to expose the real power of corporate America over our elections. It should be a rallying cry for the embattled minority trying to clean up the system.

Sanders, the Senate’s only Independent, was speaking on behalf of his proposed constitutional amendment that would overturn the U.S. Supreme Court’s devastating Citizens United decision, which permits corporations, unions and issue advocacy organizations to spend unlimited amounts of money from their own funds to support or oppose candidates.

George Zornick: Republicans Intensify Attacks on the Nuclear Safety Chief

If there was any doubt that an imbroglio around the leadership of Gregory Jaczko, chairman of the Nuclear Regulatory Commission, would be used to try to force his ouster from that agency, a Wednesday hearing before a House panel removed it.

All five members of the NRC appeared before the House Committee on Oversight and Government Reform, which is chaired by Representative Darrell Issa. Four commissioners publicly aired their grievances about Jaczko’s leadership, which include charges of bullying and intimidation of staff, along with refusing to share information with fellow commissioners.

Jaczko said he did nothing wrong, and cited a report from the NRC inspector general clearing him of legal wrongdoing when it came to sharing information among his colleagues. But Republicans went directly for the jugular.

Joe Conason: The Republican Closet That Won’t Stay Closed

If these are the last weeks of Rick Perry’s ridiculous presidential campaign, his desperation is turning him into a nasty clown indeed. By publicly attacking the gays and lesbians who have chosen to serve their country in uniform, the Texas governor seems to have gained ground in Iowa. But at what cost did he win a few points that still leave him well below the top tier? His pollster and consultant Tony Fabrizio has been “outed,” rightly or wrongly-and worse still, the swinging closet door of the Republican Party has been flung open again. Who else will be found inside?

From the days of the Cold War, when reigning mischief-maker Roy Cohn was bedding boys and denouncing gays as “sissies,” through the hidden homosexual history that leads from Marvin Liebman, co-founder of the National Review to Arthur Finkelstein, the ad man behind the ’80s conservative revival, to the defection of former “hit man” David Brock, to Ken Mehlman, the Bush-era party chairman who didn’t dare (until recently) to speak of his own true nature, and even Karl Rove, who ran gay-baiting campaigns despite his own father’s orientation, Republicans have repeatedly watched their own intellectual and political leaders embarrassed by what emerges from that capacious closet.

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