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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Richard (RJ) Eskow: 8 Hotly Debated Issues… From the Election That Never Was

Call it the Election That Never Was.

We’ve heard a lot of talk about this week’s election, but the election we needed is the one we didn’t see. The important issues, the issues that affected people’s daily lives, were never debated. Voters never heard a genuine exchange of views and never had a chance to vote on competing visions of the future.

It has been suggested that the Democratic Party can run and win on social issues in 2016, but that seems less likely after this year’s results. If voters can reject a personhood amendment and elect a far-right Republican on the same ballot, social issues aren’t likely to be the cure-all some Democrats are seeking.

It’s clearer than ever: If Democrats don’t offer bold solutions to some fundamental economic issues (we’ll offer eight of them, but there are more) then the implications for their party — and for the country — are profound, and dire.

Gary Hart: For Whom the Bell Tolls

For a political veteran, American politics has seemed disjointed and occasionally irrational in recent years. People are voting against their own interests. Campaign speeches are often ideological statements designed to appeal to a “base.” And most of all the money. In the past twenty or thirty years, we have managed to thoroughly corrupt our democratic system through the intricate network of a permanent political class composed of lobbyists, campaign professionals, fund raisers, and the media.

Every generation longs for a better past, often one that never was as good as it seems in memory. But there was a time when idealism triumphed over power and men and women of good will, often young, entered public service out of a purer motive of doing something for our country. [..]

Regardless of one’s party, serious citizens concerned for our country’s future should be thinking seriously about where our politics are headed, not just left or right but forward or backward. Our founders repeatedly said that the greatest danger to the survival of the Republic they created was corruption, corruption being favoring special or narrow interests over the common good. We are there now and we are increasing the speed with which we become a totally special interest political system. And, even if my Party had prevailed in this election, I’d be issuing the same warning. Where the feared corruption is concerned, both Parties are equally guilty.

David Cay Johnston: Americans’ ownership of assets shrinks

Candidate George W. Bush promised an ‘ownership society’ in 2000, but his policies reduced Americans’ share in ownership

When George W. Bush ran for president in 2000, one of his major campaign themes was creating an “ownership society,” in which a larger share of Americans owned homes, securities and other assets.

“Ownership in our society should not be an exclusive club,” he said at a Rancho Cucamonga, California, campaign stop. “Independence should not be a gated community. Everyone should be a part owner in the American dream.”

In 2003 he followed through on his promises by persuading Congress to cut tax rates on dividends by as much as 57 percent and reduce the top rate on capital gains from 20 percent to 15 percent, saying it would encourage more people to own stocks. [..]

So did his tax cuts and easy mortgage loans help make more Americans part-owners of the American dream? No. Instead what followed was a severe narrowing of ownership.

Home ownership last year fell to its lowest level since 1995, long before Bush took office. The rate is expected to drift further down because a weak job market and falling wages mean fewer people can afford to buy homes.

In the case of stocks and dividends, there has been an enormous concentration in the pockets of the richest Americans, my new analysis of official data from the Internal Revenue Service shows.  

Peter nas Buren: Shooting Ourselves in the Foot in Afghanistan

Did you know the U.S. war in Afghanistan is still going on?

While the American war(s) in Iraq and Syria are the Kardashian’s of geopolitics- can’t get them out of the news, don’t want to look but you do anyway- America’s longest war trudges on. We have been fighting in Afghanistan for over thirteen years now. The young soldiers currently deployed there were barely in elementary school when their dad’s and mom’s kicked off the fighting.

And we still haven’t won anything. The Taliban are still there and very potent and dangerous, a corrupt government still runs the country as a kleptocracy, “ally” Pakistan is still playing all sides against one another and the Afghan economy still relies heavily on opium production that finds its way back home here to America. Al Qaeda may have departed Afghanistan, but the franchise is still strong in its new home(s). Defeated? No, just relocated.

Paul Krugman: Triumph of the Wrong

The race is not to the swift, nor the battle to the strong, neither yet bread to the wise, nor yet midterms to men of understanding. Or as I put it on the eve of another Republican Party sweep, politics determines who has the power, not who has the truth. Still, it’s not often that a party that is so wrong about so much does as well as Republicans did on Tuesday.

I’ll talk in a bit about some of the reasons that may have happened. But it’s important, first, to point out that the midterm results are no reason to think better of the Republican position on major issues. I suspect that some pundits will shade their analysis to reflect the new balance of power – for example, by once again pretending that Representative Paul Ryan’s budget proposals are good-faith attempts to put America’s fiscal house in order, rather than exercises in deception and double-talk. But Republican policy proposals deserve more critical scrutiny, not less, now that the party has more ability to impose its agenda.

So now is a good time to remember just how wrong the new rulers of Congress have been about, well, everything.

Howie Hawkins: America just took a wrong turn. It’s time to take a hard left

Double down on oil and trouble? Not so fast: fracking bans in oil country and common sense on infrastructure might turn the US a deeper shade of green between now and 2016

Sometimes it feels as if Sarah Palin won the last two presidential elections. We’re not quite living in “Drill Baby Drill” America, but by co-opting the other Republican energy slogan, a meaningless plan literally called “All-of-the-Above”, President Obama has opened up vast new areas to offshore drilling and pushed hydrofracking for oil and gas onshore. Even as the president says that “we are closer to energy independence than we’ve ever been before”, sometimes it seems like the US is becoming a repressive petrostate. [..]

But there were real victories this week for progressive alternatives on clean energy, economic security and social justice. The extremist blood bath may have painted the country more red, but there were more than a few important – and extremely promising – tea leaves of green. It was even enough to suggest a new, independent, hard-left turn in American politics is still very much possible.