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”.

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Yves Smith: Will Romney Repeat the Palin Strategy and Choose Florida’s Attorney General Pam Bondi for VP?

The woman who punted on the foreclosure crisis makes the short list. Word is, she’s dumber than Palin.

This election, despite Romney’s shambolic Presidential campaign (his London gaffes were epic), he’s running neck and neck with Obama. The fact that he has any hope is due to Obama’s fealty to big corporate interests, particularly banks, and his neoliberal instincts. In early 2009, with the financiers cowed and desperate, and the country eager for a new direction, Obama could have taken far more decisive steps to right the economy. But again and again, Obama has sold out ordinary citizens, from folding on a proposal to end the preferential treatment of incomes of private equity magnates (they structure their deals to get capital gains treatment when they have no capital at risk), to pushing through a mortgage settlement that did perilous little for borrowers but served as a back door bailout to banks, or his enriching Big Pharma and the health care insurer though the ACA.

But Romney may be determined to snatch defeat from the jaws of a possible victory. Business Insider reports that the newest addition to the list of possible VP candidates is…Florida’s Pam Bondi. We’ve refrained from writing about her at NC merely because there seemed to be far more important targets. But contrast her conduct as the AG of one of the ground zeros of the foreclosure crisis, Catherine Cortez Masto of Nevada. Shortly after the robosigning scandal broke, Masto got legislation passed that made it a crime (a felony) to file improper paperwork with the courts, subject to 10 years in jail and fines of $10,000 per violation. (Note that this legislation did not change the legal requirement for foreclosure; it simply criminalized failure to comply. What did Bondi do? She fired two staffers in her office who were taking document fraud seriously.

New York Times Editorial: Three Rulings Against Women’s Rights

At a time when abortion rights and women’s access to affordable contraception are threatened by political attacks, judges in three newly decided federal cases failed to preserve constitutional protections for women.

On Monday, Judge James Teilborg of the United States District Court in Phoenix upheld an Arizona law signed by Gov. Jan Brewer in April that bans all abortion procedures at 20 weeks from a woman’s last menstrual period, which is about 18 weeks after fertilization.

It is the most aggressive of the previability abortion bans passed recently by a handful of states. It defies binding Supreme Court precedent that prevents states from banning abortions before a fetus can survive outside the womb, which generally occurs at about 24 weeks.

Margaret Nosek: Happy Birthday to Medicare

With all the commotion surrounding the Supreme Court and the Affordable Care Act (ACA), it would be easy to overlook an important birthday: Today is the 47th anniversary of Medicare, the public health insurance program that covers our nation’s seniors and people with severe disabilities.

It’s a birthday that deserves to be celebrated, including here in the Lone Star State. Medicare provides 48 million Americans – about 3 million of them in Texas – with reasonably good access to health care, thereby easing their suffering, prolonging their lives, and reducing financial pressures on them and their families. Before Medicare was enacted in 1965, most retired older people were at risk of financial ruin when they got sick. Medicare changed that picture, and our state and nation are much better for it.

The Medicare program is not perfect, of course. It has burdensome co-pays and deductibles, and its benefits could be better. But it remains immensely popular, and it’s not hard to figure out why. A new study in the journal Health Affairs found that “Medicare beneficiaries age 65 and older are more satisfied with their health insurance, have better access to care, and are less likely to have problems paying medical bills than working-age adults who get insurance through employers or purchase coverage on their own.

Katrina vanden Heuvel:

Like a caveman frozen in a glacier, Mitt Romney is a man trapped in time – from his archaic stance on women’s rights to his belief in Herbert Hoover economics.

And now it appears his foreign policy is stuck in the past, as well. [..]

Romney’s world is one of special relationships, particularly with Britain, Israel and Poland – the three nations he’s visiting. It’s also a world of special enmities – against Iran – and unending suspicions – about China and Russia. For Romney, there are three types of countries: countries that are with us; countries that are against us; and countries that will be against us, sooner or later.

If this seems like foreign policy out of a 20th-century history book – or the George W. Bush neocon playbook – that’s because it is. A President Romney wouldn’t bring about “another American century.” Rather, he would return us to some of the worst policies of the last century.

Jennifer Granholm: Fiscal cliff dive only way out

“Going over a cliff” sounds deadly. Free fall. Air below. The landing could spell disaster.

Or it could bring a cool blast of sweet relief.

The Congress is staring over a fiscal cliff. One that we’re warned will pull down our nation on Dec. 31 if there’s no agreement to extend the Bush tax cuts or avert automatic spending cuts that Congress agreed to in the debt ceiling debate in the summer of 2011 – cuts weirdly named, like the title monster in a B horror film, “The Sequester.” The Sequester will kidnap a helpless victim, with the initials D.C., and threaten to push her over the cliff. Bwaahahahaha!

The fiscal cliff is exciting to both actuaries and Democrats. The Congressional Budget Office and many progressives, including Sen. Patty Murray (D-Wash.), see the cliff as an opportunity: If Grover Norquist-induced pledge intransigence prevents House Speaker John Boehner’s tea party caucus from compromising, the rational solution is to allow the tax cuts to expire and the sequester cuts to take place – then resolve the problem immediately after the new Congress begins on Jan. 3, 2013.

Bryce Covert: Will Women Get Pushed Off the Fiscal Cliff?

Remember that time when Congress almost defaulted on our debt? It may seem like a distant nightmare, but we’re still living with repercussions from the debt ceiling showdown. In order to get Congress to lift the ceiling a year ago, President Obama struck a deal that will cut $2.4 trillion in spending over ten years and formed a Congressional committee that was supposed to recommend ways to cut another $1.5 trillion from the deficit. If the committee failed to come up with the cuts, sequestration would kick into gear, with $1 trillion in cuts evenly split between defense and non-defense spending come January 2. The latter never came to fruition, so we’re now on a collision course with the former.

These automatic cuts, known as sequestration, have (unsurprisingly) become a political hot potato. They’ve even trickled into the campaign trail. But if the cuts move forward, the pain won’t just be political. They’ll hurt everyday Americans-but not across the board. Women are going to shoulder a disproportionate amount of the burden. While the defense lobby has been loudly pushing back on the $500 million to be slashed from its budgets, the $500 million cuts from domestic programs could be devastating, especially for women.

Maureen Dowd: Gadding of a Gawky Gowk

When Barack Obama went abroad in July 2008, searching for some foreign policy cred, European leaders smothered him with love and respect.

More than 200,000 Germans thronged to the Victory Column in Berlin, hailing him as “Redeemer” and “Savior.” In a joint press conference in Paris, a smitten Nicolas Sarkozy was so touchy-feely that even Obama looked a little embarrassed.

“You must want a cigarette after that,” I teased Obama on the plane to London later.

Poor Mitt Romney had no such magic carpet ride. He insulted the British and infuriated the Palestinians while pandering to the Israelis and American Jewish voters, including donors like the Las Vegas billionaire Sheldon Adelson who tagged along.