“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.
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Trevor Timm: The FBI doesn’t want to have to force tech companies to weaken encryptio
The director just wants every device and software manufacturer to volunteer to create backdoors for the government to snoop on Americans
It’s never a good sign when you have to declare during a debate that “I really am not a maniac.”
But that’s what FBI director Jim Comey found himself saying in advance of his testimony to the senate on Wednesday where he once again argued that tech companies need to figure out a way to install backdoors in all their communications tools so that there’s never an email, text or phone call that the US government can’t get its hands on. [..]
The entire premise of the debate that the FBI is “going dark” and can no longer read the communications of criminals – which they have been claiming for 20 years, by the way – is false, as the law professor Peter Swire later told the same senate panel. We are living in “the golden age of surveillance,” Swire argued, and we can look no further than the countless stories about NSA mass surveillance that have come out in the past two years, which by the way, could not be done without the FBI’s close assistance.
Comey says all he wants is a “debate” about the issue. Well, we’ve had the debate. We had it for 20 years. The debate is over – embrace encryption to protect our security. Don’t outlaw it for marginal gains at the expense of everyone.
David Cay Kohnston: How private equity cheats pensions at workers’ expense
Spoiler: It’s all about public policy
It’s time for American workers to understand the game of private equity, because it’s being played at their expense, thanks to rules put in place by Congress.
Here’s how the game currently works: Workers sell their jobs, pensions and futures, for little to nothing in return. The buyers are those masters of unproductive capital acquisition, private-equity funds.
Their game is short term. Companies are acquired with lots of borrowed money. (Congress incentivizes this by making interest a tax-deductible business expense.) Some of the borrowed money is almost immediately used to repay the general partner and some other investors so they end up with a cost-free stake. If your equity stake costs less than zero, your returns are infinite.
The remaining equity in such deals comes primarily from pension funds – that is, from workers.
This is a short essay on voter anger — its origin, its attributes, its meaning and its cure. Hint: Most Americans are worse off than they were a long time ago.
I started noticing voter anger around 2009. Initially, its locus was the Tea Party. They’re the ones who would form a circle around a political event, holding hands, and start chanting expletives. I attributed this to the Tea Party’s deep dissatisfaction with living in the 21st century. To them, basically, everything went south when Jane Wyatt stopped playing Robert Young’s Stepford wife on Father Knows Best, and started playing Spock’s mother, Amanda … Grayson, on Star Trek. (Does that mean that Spock and I are future relatives? I don’t know.) For them, things have never been the same since.
Generally speaking, the problem for Team Blue is not anger; it’s apathy. However, by roughly the year 2012, Team Blue had caught up in the Anger Games, and the score was tied. [..]
But here is the deeper explanation for all of that anger: For most Americans, life simply is getting harder. This was painfully obvious from a Sage Foundation study last year, following up on an article in the Annals of the American Academy of Political and Social Science. The study looked at changes in the wealth of American households over a decade, from 2003 to 2013. The study found that median net worth had dropped by 36 percent, from $87,992 to $56,335.
Let me repeat that: The net worth of the average American household dropped by more than one-third in ten years. The decline from the 2007 peak was almost 50 percent, in just six years. (Most of that loss was in the value of one’s home — home is where the heartache is.)
That’s why everyone is so angry.
Dean Baker: Sluggish economy? Blame the weather
Ignore economics writers who make grand conclusions about short-term data
Economists and economic reporters tend to get carried away about short-term movements in the economy. They often assess data without considering the larger context, which can lead them to exaggerate the good or bad news. And since most economists and economic reporters move in herds, we get dramatic tales of booms and busts in the business section that don’t necessarily correspond to anything in the real world. [..]
There is a banal explanation for this rapid switch from boom to bust, as well as for the original boom itself: the weather. The weather was unusually bad throughout the Northeast and Midwest this year, and snowfall in major metropolitan areas such as Boston hit new records. When it’s cold, when there’s a lot of snow on the ground and when the streets are blocked, people are less likely to go out to dinner or shop for clothes. They are also likely to put off buying a car or looking for a new house. As a result, consumption is likely to be much weaker than would otherwise be the case.
Of course, Boston and dozens of other cities get snow almost every winter; this routinely disrupts peoples’ regular consumption patterns. That’s why our data are seasonally adjusted; it doesn’t matter that we get six inches or a foot of snow in the Northeast if that’s what was expected. It only skews the numbers when we get six feetof snow, which was the case in Boston this year. So when winter is worse than usual, the economy – in real life, and particularly in the papers – suffers.
Diane Ravitch: Arne Duncan’s Legacy
When Obama was elected, many educators and parents thought that Obama would bring a new vision of the federal role in education, one that freed schools from the test-and-punish mindset of George W. Bush’s No Child Left Behind. But Arne Duncan and Barack Obama had a vision no different from George W. Bush and doubled down on the importance of testing, while encouraging privatization and undermining the teaching profession with a $50 million grant to Teach for America to place more novice teachers in high-needs schools. Duncan never said a bad word about charters, no matter how many scandals and frauds were revealed. [..]
It will take years to recover from the damage that Arne Duncan’s policies have inflicted on public education. He exceeded the authority of his office to promote a failed agenda, one that had no evidence behind it. The next president and the next Secretary of Education will have an enormous job to do to restore our nation’s public education system from the damage done by Race to the Top. We need leadership that believes in the joy of learning and in equality of educational opportunity. We have not had either for 15 years.
George Monbiot: Greece is the latest battleground in the financial elite’s war on democracy
Greece may be financially bankrupt, but the troika is politically bankrupt. Those who persecute this nation wield illegitimate, undemocratic powers, powers of the kind now afflicting us all. Consider the International Monetary Fund. The distribution of power here was perfectly stitched up: IMF decisions require an 85% majority, and the US holds 17% of the votes.
The IMF is controlled by the rich, and governs the poor on their behalf. It’s now doing to Greece what it has done to one poor nation after another, from Argentina to Zambia. Its structural adjustment programmes have forced scores of elected governments to dismantle public spending, destroying health, education and all the means by which the wretched of the earth might improve their lives. [..]
The crushing of political choice is not a side-effect of this utopian belief system but a necessary component. Neoliberalism is inherently incompatible with democracy, as people will always rebel against the austerity and fiscal tyranny it prescribes. Something has to give, and it must be the people. This is the true road to serfdom: disinventing democracy on behalf of the elite.
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