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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New York Times Editorial: Let Patriot Act Provisions Expire

Barring a last-minute compromise, congressional authorization for the program the government uses to sweep up Americans’ phone records in bulk will lapse on Sunday. That would be perfectly fine.

The looming expiration of a handful of provisions of the Patriot Act, which gave federal authorities vast surveillance powers, has stirred a long-overdue debate over the proper balance between investigative tactics in national security cases and civil liberties. That debate should be allowed to continue, with the goal of reaching a compromise that ensures that surveillance programs are subject to substantive judicial oversight and that Americans have a clear understanding of the data the government is allowed to collect. [..]

It’s important that intelligence agencies have the ability to investigate threats nimbly, but not at the expense of meaningful judicial review. Balancing both aims may require weeks or months of further debate and a deeper examination of the values and priorities of the United States. It is a conversation well worth having.

Paul Krugman: The Insecure American

America remains, despite the damage inflicted by the Great Recession and its aftermath, a very rich country. But many Americans are economically insecure, with little protection from life’s risks. They frequently experience financial hardship; many don’t expect to be able to retire, and if they do retire have little to live on besides Social Security.

Many readers will, I hope, find nothing surprising in what I just said. But all too many affluent Americans – and, in particular, members of our political elite – seem to have no sense of how the other half lives. Which is why a new study on the financial well-being of U.S. households (pdf), conducted by the Federal Reserve, should be required reading inside the Beltway. [..]

But while things could be worse, they could also be better. There is no such thing as perfect security, but American families could easily have much more security than they have. All it would take is for politicians and pundits to stop talking blithely about the need to cut “entitlements” and start looking at the way their less-fortunate fellow citizens actually live.

David Cay Johnston: Monopoly power tightens grip on US economy

Charter Communications bids for greater control of broadband

This week, Charter Communications announced plans to buy Time Warner Cable as well as the much smaller Bright House Networks. These actions illustrate the increasingly sclerotic condition of the American economy.

Instead of enjoying the benefits of competition, America suffers from ever more concentrated ownership of vital, privately owned infrastructure. This deal, if approved by regulators, would make this problem even worse.

In 1980 we had 37 large railroads; we now have seven. Rules that once limited broadcast chains to a handful of stations now allow massive concentration of ownership with a predictable narrowing of perspectives. At the same time the Federal Energy Regulatory Commission turns a blind eye to records in its own files showing egregious price gouging by monopoly oil and gas pipelines. [..]

If the Federal Communications Commission lets the cable deal go through, then Charter will control almost 30 percent of broadband Internet service.  The company would enjoy the benefits of operating as a monopoly or part of a duopoly, free to charge much higher prices than a competitive market would allow.

Mike Lux: Is the TPP Okay With Slavery? Really?

So the fast track plan to pass the Trans-Pacific Partnership has run into a new wrinkle after an amendment passed in the Senate debate: slavery. Yes, really, slavery: the Senate voted for an amendment that would make it more difficult for countries that engage in slavery to be in the TPP, and the Obama administration objected. This is bizarre stuff, folks, but welcome to the world of international trade deals. [..]

The President does not want an anti-slavery provision in what he calls the “most progressive trade deal of all time” because it would keep a country noted for its egregious slave trade out of the treaty? I have to admit this bothers me just a little. Okay, a massive amount. We’re not going to object to slavery because a country that openly engages in it might trade more with China than with us? Doesn’t this kind of blow up the whole “most progressive trade agreement in history” thing?

Robert Reich: Ten Ideas to Save the Economy #6: End Corporate Welfare Now

Corporations aren’t people, despite what the Supreme Court says, and they don’t need or deserve handouts.

When corporations get special handouts from the government — subsidies and tax breaks — it costs you. It means you have to pay more in taxes to make up for these hidden expenses. And government has less money for good schools and roads, Medicare and national defense, and everything else you need.

You might call these special corporate handouts “corporate welfare,” but at least welfare goes to real people in need. In the big picture, corporate handouts are costing tens of billions of dollars a year. Some estimates put it over $100 billion — which means it’s costing you money that would otherwise go to better schools or roads, or lower taxes.

Conservatives have made a game of obscuring where federal spending actually goes. In reality, only about 12 percent of federal spending goes to individuals and families, most in dire need. An increasing portion goes to corporate welfare.

Richard (RJ) Eskow: In Search of the Democratic Soul

A Google search for the phrase “soul of the Democratic Party” yields thousands of hits, because the struggle for that soul has been a perennial subject of debate. I’ve probably used the phrase myself.

But after a week spent tracking the independent left’s political progress, I’ve become even more convinced that politicians should seek the soul of the country instead. Tap into that, and the rest will follow.

Still, the debate over the Democratic soul continues. Political strategist Robert Creamer said this week that progressives have already won it. He dismisses the notion of a split between the party’s “Hillary Clinton” and “Elizabeth Warren” wings, and says Democrats now largely agree on economic problems and their solutions.

“There are still pro-Wall Street, corporatist — and even socially conservative — elements in the Democratic coalition,” Creamer acknowledges. But, he says, “it’s hard to tell the difference between a Clinton speech and a Warren speech when it comes to most economic questions — and particularly … the overarching narrative.”

Is he right?