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”.

Maira Sutton and Parker Higgins: We Have Every Right to Be Furious About ACTA

If there’s one thing that encapsulates what’s wrong with the way government functions today, ACTA is it. You wouldn’t know it from the name, but the Anti-Counterfeiting Trade Agreement is a plurilateral agreement designed to broaden and extend existing intellectual property (IP) enforcement laws to the Internet. While it was only negotiated between a few countries,1 it has global consequences. First because it will create new rules for the Internet, and second, because its standards will be applied to other countries through the U.S.’s annual Special 301 process. Negotiated in secret, ACTA bypassed checks and balances of existing international IP norm-setting bodies, without any meaningful input from national parliaments, policymakers, or their citizens. Worse still, the agreement creates a new global institution, an “ACTA Committee” to oversee its implementation and interpretation that will be made up of unelected members with no legal obligation to be transparent in their proceedings. Both in substance and in process, ACTA embodies an outdated top-down, arbitrary approach to government that is out of step with modern notions of participatory democracy.

The EU and 22 of its 27 member states signed ACTA yesterday in Tokyo. This news is neither momentous nor surprising. This is but the latest step in more than three years of non-transparent negotiations. In December, the Council of the European Union-one of the European Union’s two legislative bodies, composed of executives from the 27 EU member states-adopted ACTA during a completely unrelated meeting on agriculture and fisheries. Of course, this is not the end of the story in the EU. For ACTA to be adopted as EU law, the European Parliament has to vote on whether to accept or reject it.

Jim Hightower: Buying Our Future

Sheldon Adelson, a Las Vegas-based global casino baron who has long been a major funder of far-right-wing causes, is Newt Gingrich’s very special political pal.

Already, four of the top GOP presidential contenders have dropped out. Michele Bachmann went first, because she was too wacky, followed by Jon Huntsman, because he was too sane. Herman Cain gave up because he was too exposed, and Rick Perry because he was too dim-witted.

But the greatest surprise is the sudden surge of the Adelson campaign. Little-known until now, Adelson was the big winner in South Carolina, has made his mark in Florida, and looks to have the political kick needed to go the distance.

Never heard of the Adelson campaign? It’s the married duo of Sheldon and Miriam, neither of whom is actually on the ballot. Rather, they are running on the cash ticket.

Dean Baker: A Competitive Dollar: The Missing Link in President Obama’s Manufacturing Agenda

In his State of the Union Address last week, President Obama announced a renewed commitment to manufacturing in the United States. While the commitment to rebuilding the country’s manufacturing base is welcome – manufacturing has historically been a source of good-paying jobs for workers without college degrees – he unfortunately left the most important item on the list off the agenda.

President Obama failed to commit himself to restoring the competitiveness of the dollar as part of his agenda for bringing back manufacturing jobs. The value of the dollar really has to be front and central in any effort to restore US competitiveness since it is by far the most important factor determining the relative cost of US goods compared with goods produced elsewhere.

Gary Younge: US Elections: No Matter Who You Vote For, Money Always Wins

Dollars play a decisive role in US politics. And more so since the supreme court allowed unlimited campaign contributions

Republican presidential debates are not for the faint-hearted. Last week in Jacksonville, Florida, Rick Santorum warned of the “threat of radical Islam growing” in Central and South America. Newt Gingrich advocated sending up to seven flights a day to the moon, where private industry might set up a colony, and reaffirmed his claim that Palestinians were invented in the late 70s. Mitt Romney argued that if you make things tough enough for undocumented people, they will “self-deport”.

Given the general state of the Republican party, such comments now attract precious little attention. Truth and facts are but two options among many. The party’s base, overrun by birthers, climate change deniers and creationists, floats its warped theories and every now and then one makes it to the top and bobs out into the airwaves.

Bill Moyers and Michael Winship: The Party People of Wall Street

A week or so ago, we read in The New York Times about what in the Gilded Age of the Roman Empire was known as a bacchanal – a big blowout at which the imperial swells got together and whooped it up. [..]

This year, the butt of many a joke were the protesters of Occupy Wall Street. In one of the sketches, the bond specialist James Lebenthal scolded a demonstrator with a face tattoo, “Go home, wash that off your face and get back to work.” And in another, a member — dressed like a protester – was told, “You’re pathetic, you liberal. You need a bath!”

Pretty hilarious stuff. The whole affair’s reminiscent of the wingdings the robber barons used to throw during America’s own Gilded Age a century and a half ago, when great wealth amassed at the top, far from the squalor and misery of working stiffs. Guests would arrive in the glittering mansions for costume balls that rivaled Versailles, reinforcing the sense of superiority and the virtue of a ruling class that depended on the toil and sweat of working people.

Eugene Robinson: The GOP’s Anti-Gingrich Campaign

MIAMI-When the empire strikes back, it hits hard. The Republican establishment is deploying every weapon and every soldier-even Bob Dole-in an increasingly desperate attempt to pulverize the Newt Gingrich rebellion. Eventually, the shock-and-awe campaign may work.

But then what? In the establishment’s best-case scenario, the party is left with Mitt Romney, a candidate whose core message, as far as I can tell, seems to be: “Yes, I made a ton of money. You got a problem with that?” really believe in him.