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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William K. Black: Rep. Conyers Needs our Support to Kill the Sequestration’s Austerity

We have been strangling the economic recovery through economic incompetence — and worse is in store because President Obama continues to embrace (1) the self-inflicted wound of austerity, (2) austerity primarily through cuts in vital social programs that are already under-funded, and (3) attacking the safety net by reducing Social Security and Medicare benefits. The latest insanity is the sequester — the fourth act of austerity in the last 20 months. [..]

Obama continues to want to “force” a “grand bargain” in which he proposes to make large cuts to social programs, some tax increases, and reductions in the safety net. Again, Obama can easily break with this strategy of choking our economic recovery by supporting a clean bill that would kill the sequester instead of our economy.

The good news is that Representative John Conyers has made the Obama’s task simple by sponsoring exactly that clean bill in the one sentence form many of us have been urging: “Section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 is repealed.” Amen.

I propose that we launch an effort, open to all, to support Conyers’ bill and demand that our representatives in the House and the Senate promptly enact it.

New York Times Editorial: As the Cuts Hit Home

House Republicans were elated this week when their leader, John Boehner, made it clear that deep, automatic spending cuts would begin as scheduled on Friday. Incredibly, some consider the decision a victory.

As the cuts take effect, they will inflict widespread hardship. But some Americans will be hurt more than others, and the people who will be hurt the most are those who are already struggling. In the months ahead, an estimated 3.8 million Americans who have been unemployed for more than six months face a cut in federal jobless benefits of nearly 11 percent – or about $32 a week – all from the recent average weekly benefit of $292. And an estimated 600,000 low-income women and toddlers will be turned away from the federal nutrition program for women, infants and children, known as WIC. [..]

Why are the Republicans are so happy when they should be ashamed?

Robert Reich: The Sequester and the Tea Party Plot

Imagine a plot to undermine the government of the United States, to destroy much of its capacity to do the public’s business, and to sow distrust among the population.

Imagine further that the plotters infiltrate Congress and state governments, reshape their districts to give them disproportionate influence in Washington, and use the media to spread big lies about the government.

Finally, imagine they not only paralyze the government but are on the verge of dismantling pieces of it.

Far-fetched? Perhaps. But take a look at what’s been happening in Washington and many state capitals since Tea Party fanatics gained effective control of the Republican Party, and you’d be forgiven if you see parallels.

Robert Borosage; Washington’s Sequester: Into the Vast Inane

Someone asked the Master about the principles of … traveling into the vast inane.

– From the Bao Pu Zi, AD 320,

Joseph Needham, Science and Civilization in China

Welcome to the vast inane.  Today the “sequester” – mindless, across the board cuts of military and domestic spending designed to be abhorrent – will go into effect. Republicans claimed a “big victory” as House Speaker John Boehner shut down any negotiations and sent the House home.  The cuts will cost jobs and add to the headwinds facing the economy.  The sequester will be followed by operatic melodrama over keeping the government open after the end of March and keeping the government from defaulting on its debt beginning in the middle of May.

Jon Soltz: Sequester, Our Military, and the Confused GOP

On the dawn of sequestration, Republicans are still in deep disagreement over how it will affect our military, and in even deeper disagreement over how to handle it. One thing they do seem to agree on, though, is that they aren’t willing to close corporate tax loopholes to avoid it.

To the disagreements, just the other day, Senator John Cornyn flip-flopped on his position, saying that sequestration won’t affect national security, because, he claims, overall funding for the Pentagon will go up. First of all, that’s patently false. Second of all, it’s a change in tune from 2011, when he called sequestration cuts, “arbitrary and reckless.” On the other side of the party, you have senators like John McCain, who warn of impending disaster for the military, if the cuts go through. Calling the cuts “unconscionable,” McCain said, “Across-the-board cuts are the worst and most cowardly way to approach this situation.”

David Sirota: Mental Health: Time to Stop White-Knuckling It

As anyone who has ever experienced a panic attack well knows, one of the most difficult aspects of managing anxiety disorders is having to do it in secret for fear of being labeled a freak. I can personally attest that such a fear often makes the problem worse, compounding generalized worry with the specific concern that you will be ostracized.

This is why the last year has been so important for the 40 million Americans like me who the National Institute of Mental Health says periodically suffers from anxiety-related disorders. It was a year that saw these all-too-common ailments emerge from the shadows.