“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”.
This is a great read that make make you a little dizzy but says volumes about Pres. Obama.
Bill Moyers and Michael Winship: The Washington-Wall Street Revolving Door Just Keeps Spinning Along
We’ve already made our choice for the best headline of the year, so far:
“Citigroup Replaces JPMorgan as White House Chief of Staff.”
When we saw it on the website Gawker.com we had to smile — but the smile didn’t last long. There’s simply too much truth in that headline; it says a lot about how Wall Street and Washington have colluded to create the winner-take-all economy that rewards the very few at the expense of everyone else.
Robert Reich: Obama’s Mixed Messages
Many Democrats are congratulating themselves that the final two in the 2012 Republican field are a stuffed shirt who can’t motivate his own base and a wild man who seems to inspire only fundamentalists and Tea Party fanatics. But let’s not pop the champagne quite yet.
According to a video sent to supporters Saturday, President Obama is planning to strike a “populist” note in his Tuesday State of the Union Address and in the themes he sounds in his re-election campaign. Obama will pledge “an America where everybody gets a fair shot, and everyone does their fair share and everybody plays by the same set of rules.”
“We can go in two directions. One is towards less opportunity and less fairness,” Obama declared in the video, “Or we can fight for where I think we need to go: building an economy that works for everyone, not just a wealthy few.”
Obama, say widely reported White House leaks, will double down on promises of tax breaks for manufacturing, job training and education initiatives, other help for the unemployed, and stronger efforts to deal with the foreclosure crisis. All of these, except for the tax breaks, by definition require activist government.
So despite Obama’s fervent desire throughout his presidency to surmount ideological divisions, 2012 promises to be a great ideological debate.
For months, a massive federal settlement with big Wall Street banks over their role in the mortgage crisis has been in the offing. The rumored details have always given progressives heartburn: civil immunity, no investigations, inadequate help for homeowners and a small penalty for the banks. Now, on the eve President Obama’s State of the Union address-in which he plans to further advance a populist message against big money and income inequality-the deal may be here, and it’s every bit as ugly as progressives feared.[..]
As we noted last week, many progressive groups have begun a massive petition drive to push back against the settlement and demand fair investigations. Moreover, attorneys general in California, New York, Delaware, Nevada and Massachusetts have previously said they won’t be a part of any deal that offers civil immunity.
So the deal is far from done-but it’s certainly moving towards an undesirable conclusion. We’ll have plenty more in this space all week.
John Nichols: GOP Slates Antilabor Zealot Daniels for SOTU Response
The Republican Party is so determined to advance the extreme antilabor agenda of its Wall Street funders and front groups such as the American Legislative Exchange Council that it shoved aside John Boehner (might have teared up), Paul Ryan (last year’s man) and vaguely interesting governors such as New Jersey’s Chris Christie and South Carolina’s Nikki Haley (both backing a loser for president) in order to make way for Indiana Governor Daniels to deliver the response to Tuesday’s State of the Union address by President Obama.
The choice of Daniels, who is currently leading the fight to enact an antilabor “Right-to-Work (For Less)” law in Indiana, sends a powerful signal at a time when the Republicans who would be president are stumbling over one another to proclaim their enthusiasm for “Right-to-Work” legislation, their disdain for public employees and their unions, and (in Newt Gingrich’s case) their determination to turn the clock back a century in order to eliminate child labor laws. Only Wisconsin Governor Scott Walker and Ohio Governor John Kasich are more closely linked in the public’s mind with the union-bashing frenzy that has so energized Republican governors and legislators. And Daniels is, arguably, the most aggressive union basher of all. Having already stripped Indiana public employees of collective bargaining rights, he is now aiding and abetting the efforts of Indiana Republican legislators to undermine the rights of private sector workers.
Roger Cohen: The Sarkozy Effect
LONDON – In the other election of 2012, the one more imminent, there are only two words worth remembering. The first is leadership. The second is change. The rest, as the French say, is du blah-blah.
If the French decide leadership is more important in a time of crisis they will grit their teeth and re-elect Nicolas Sarkozy. If they want change from a president never close to their hearts, they will – as Samuel Johnson said of second marriages – embrace hope over experience and elect the Socialist candidate, François Hollande.
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