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Jun 19 2012
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”.
Follow us on Twitter @StarsHollowGzt
New York Times Editorial: Egypt’s Democracy Interrupted
he once-promising democratic transition in Egypt is in peril after a power grab by the generals and the courts – holdovers from Hosni Mubarak’s repressive regime. This is not what Egyptians rallied and died for in Tahrir Square. It guarantees more turmoil. Given Egypt’s importance in the Arab world, it sets a terrible example for other societies trying to get beyond autocratic rule. [..]
American officials were right to warn the generals on Monday that they risk losing billions of dollars if they don’t swiftly transfer power to the president, ensure elections for a new Parliament and begin writing a new constitution with help from a broad range of Egyptians. The United States needs to work with Egypt to maintain the peace treaty and a stable border with Israel. But an undemocratic Egypt in perpetual turmoil is no help to its own people or Israel or the rest of the region.
Ari Melber: Do Liberals Support Obama’s Kill List?
President Obama is wielding several security powers that have been historically controversial among Democrats, from indefinitely detaining Guantánamo prisoners to shutting down torture lawsuits as “state secrets” that cannot be addressed in court. There has not been a major Democratic backlash, but all the recent attention on Obama’s “kill list”-a set of targets that has included American citizens as young as 16 years old-seemed like an opening for a new chapter in challenging the administration’s security policies.
For starters, the kill list is just different. Many divisive security measures linked to the Bush administration have been inherently convoluted-Obama’s team had to clean up a mess while developing new policies on the fly. For example, take the Bush-era detainees. Some are difficult to convict in civilian courts because the evidence against them was gathered through torture. Obama supporters understand that the administration’s options are more limited on this score, a predicament Daniel Klaidman stresses in his new chronicle of Obama’s terror policies, Kill or Capture.
The drone program, however, goes far beyond what Bush ever did. It was not required by the past. And it sets a stunning precedent for the future.
Last week Washington Post blogger Greg Sargent picked up on a blogpost from Democracy editor Michael Tomasky about how liberals should be touting the merits of “government.” That is a great idea, if the point is to advance the conservatives’ agenda.
It is astounding how happy liberals are to work for the right by implying that conservatives somehow just want to leave markets to themselves whereas the liberals want to bring in the pointy-headed bureaucrats to tell people what they should do. This view is, of course, nonsense. Pick an issue, any issue, and you will almost invariably find the right actively pushing for a big role for government.
However, for conservatives the goal is not ensuring a decent standard of living for the bulk of the population. Rather the goal is ensuring that money is redistributed upward. And, of course, the conservatives are smart enough not to own up to their use of the government. [..]
It is totally understandable that the right would try to conceal the massive extent to which it relies on government to redistribute income upward. It is very hard to figure out why the country’s leading progressive thinkers want to help them.
Simon Johnson: The risk Jamie Dimon poses to the Federal Reserve System’s legitimacy
If Tim Geithner says it’s a problem that the CEO of America’s biggest bank chairs the New York Fed board, be assured it is
The Federal Reserve System was created in 1913, a late arrival to the world of central banks. The American public and banking community had long distrusted the notion that there should be one authority in charge of managing the financial system. At least since the presidency of Andrew Jackson in the 1830s, there had been aversion to giving too much power to one bank. Much of this suspicion of can be traced back to Thomas Jefferson and his belief that that a “financial aristocracy” could take over the newly independent United States. [..]The Federal Reserve System was created in 1913, a late arrival to the world of central banks. The American public and banking community had long distrusted the notion that there should be one authority in charge of managing the financial system. At least since the presidency of Andrew Jackson in the 1830s, there had been aversion to giving too much power to one bank. Much of this suspicion of can be traced back to Thomas Jefferson and his belief that that a “financial aristocracy” could take over the newly independent United States. [..]
Arguably, this system has always been tilted towards over-representing bankers, particularly those based on Wall Street. This issue has become particularly sensitive of late because Jamie Dimon – CEO of JP Morgan Chase, now the largest bank in the country – is a class A director of the New York Fed.
Chris Hedges: Occupy Will Be Back
In every conflict, insurgency, uprising and revolution I have covered as a foreign correspondent, the power elite used periods of dormancy, lulls and setbacks to write off the opposition. This is why obituaries for the Occupy movement are in vogue. And this is why the next groundswell of popular protest-and there will be one-will be labeled as “unexpected,” a “shock” and a “surprise.” The television pundits and talking heads, the columnists and academics who declare the movement dead are as out of touch with reality now as they were on Sept. 17 when New York City’s Zuccotti Park was occupied. Nothing this movement does will ever be seen by them as a success. Nothing it does will ever be good enough. Nothing, short of its dissolution and the funneling of its energy back into the political system, will be considered beneficial.
Those who have the largest megaphones in our corporate state serve the very systems of power we are seeking to topple. They encourage us, whether on Fox or MSNBC, to debate inanities, trivia, gossip or the personal narratives of candidates. They seek to channel legitimate outrage and direct it into the black hole of corporate politics. They spin these silly, useless stories from the “left” or the “right” while ignoring the egregious assault by corporate power on the citizenry, an assault enabled by the Democrats and the Republicans. Don’t waste time watching or listening. They exist to confuse and demoralize you.
Joe Nocera: When ALEC Takes Over Your Town
The Rhode Island State Legislature finally adjourned its 2012 session around 3:30 a.m. on Wednesday morning. It had been a brutal last few days.
In May, the State Senate had approved a supplemental property tax increase of 13.8 percent, to be imposed on the residents of Woonsocket, a struggling city with a $10 million deficit. But when the bill moved to the House of Representatives, two conservative Woonsocket representatives refused to go along, and no amount of late-night negotiating could change their minds. Everyone finally gave up and went home.
The state has named a budget commission to grapple with Woonsocket’s money woes. Ultimately, though, a receiver may have to be appointed – which is to say, a person not beholden to the voters, who would nonetheless have the power to abrogate union contracts and do whatever else he or she deems necessary to erase the deficit. Incredibly, the two Woonsocket legislators have pushed for a receiver, despite the pain that it would likely bring their city.
Jun 19 2012
On This Day In History June 19
This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.
Find the past “On This Day in History” here.
Click on images to enlarge.
June 19 is the 170th day of the year (171st in leap years) in the Gregorian calendar. There are 195 days remaining until the end of the year.
On this day in 1964, the Civil Rights Act of 1964 is approved after surviving an 83-day filibuster in the United States Senate.
(President Lyndon B.) Johnson, who wanted the bill passed as soon as possible, ensured that the bill would be quickly considered by the Senate. Normally, the bill would have been referred to the Senate Judiciary Committee, chaired by Senator James O. Eastland , Democrat from Mississippi. Given Eastland’s firm opposition, it seemed impossible that the bill would reach the Senate floor. Senate Majority Leader Mike Mansfield took a novel approach to prevent the bill from being relegated to Judiciary Committee limbo. Having initially waived a second reading of the bill, which would have led to it being immediately referred to Judiciary, Mansfield gave the bill a second reading on February 26, 1964, and then proposed, in the absence of precedent for instances when a second reading did not immediately follow the first, that the bill bypass the Judiciary Committee and immediately be sent to the Senate floor for debate. Although this parliamentary move led to a filibuster, the senators eventually let it pass, preferring to concentrate their resistance on passage of the bill itself.
The bill came before the full Senate for debate on March 30, 1964 and the “Southern Bloc” of 18 southern Democratic Senators and one Republican Senator led by Richard Russell (D-GA) launched a filibuster to prevent its passage. Said Russell: “We will resist to the bitter end any measure or any movement which would have a tendency to bring about social equality and intermingling and amalgamation of the races in our (Southern) states.”
The most fervent opposition to the bill came from Senator Strom Thurmond (D-SC): “This so-called Civil Rights Proposals, which the President has sent to Capitol Hill for enactment into law, are unconstitutional, unnecessary, unwise and extend beyond the realm of reason. This is the worst civil-rights package ever presented to the Congress and is reminiscent of the Reconstruction proposals and actions of the radical Republican Congress.”
After 54 days of filibuster, Senators Everett Dirksen (R-IL), Thomas Kuchel (R-CA), Hubert Humphrey (D-MN), and Mike Mansfield (D-MT) introduced a substitute bill that they hoped would attract enough Republican swing votes to end the filibuster. The compromise bill was weaker than the House version in regard to government power to regulate the conduct of private business, but it was not so weak as to cause the House to reconsider the legislation.
On the morning of June 10, 1964, Senator Robert Byrd (D-W.Va.) completed a filibustering address that he had begun 14 hours and 13 minutes earlier opposing the legislation. Until then, the measure had occupied the Senate for 57 working days, including six Saturdays. A day earlier, Democratic Whip Hubert Humphrey of Minnesota, the bill’s manager, concluded he had the 67 votes required at that time to end the debate and end the filibuster. With six wavering senators providing a four-vote victory margin, the final tally stood at 71 to 29. Never in history had the Senate been able to muster enough votes to cut off a filibuster on a civil rights bill. And only once in the 37 years since 1927 had it agreed to cloture for any measure.
On June 19, the substitute (compromise) bill passed the Senate by a vote of 71-29, and quickly passed through the House-Senate conference committee, which adopted the Senate version of the bill. The conference bill was passed by both houses of Congress, and was signed into law by President Johnson on July 2, 1964.
Jun 19 2012
Deep Faults and Lines in the Sand
Plus ça change, plus c’est la même chose
Other than the names and faces of the actors, not much is different in either Greece or Egypt after much analyzed and anticipated elections this weekend. In Greece, the center right is still faced with the dilemma of forming and holding together a coalition government to deal with the economic crisis that threatens to take down the Eurozone. While is Egypt, despite the historic election of an Islamic president, the military still maintains a tight control and all the power.
Greek elections: Antonis Samaras faces tough task to forge unity
The fault lines are so deep that even if a government is formed, many believe it will be a miracle if it survives for long
[..]The ambitious politician faces the Herculean labour of forging a government of “national salvation” at a time of unprecedented crisis. Not since the collapse of military rule has the country come so close to resembling a failed state. Following almost three months of political paralysis – before and after an inconclusive poll in May – Greece’s public finances are in tatters, its public administration is in disarray and its austerity-weary people are beaten down. It is now for Samaras to pick up the pieces. [..]
Late on Monday Samaras announced he had agreed with the head of Pasok, Evangelos Venizelos, to build a coalition, with negotiations expected to be concluded by Tuesday. Once bitter political rivals, the socialists, who came in with 12.3% of the vote, say the creation of a government of “national co-responsibility” is vital if Greece is to be steered through the crisis.
Combined, the two parties would control a comfortable majority of 162 seats in the Greek parliament. [..]
But fault lines in Greek society are so deep that even if a government is formed many believe it will be a miracle if it survives for long. To secure further rescue loans Athens has agreed to pass an extra €12bn in budget cuts, measures seen as vital if its economy is to reclaim competitiveness. And on Monday creditors led by Germany appeared in little mood to relent.The fiscal adjustment programme might be relaxed but “only marginally,” several officials said. “Greek society simply cannot endure any more measures,” insisted (New Democracy MP Kyriakos) Mitsotakis. “It’s not a question of what party is in office, it is a fact.”
German Chancellor Andrea Merkel, emboldened by the Greek center right narrow victory, has continued her hard line stand on enforcing the Greek deal
“The Greek government will and must naturally follow through on the commitments that were made,” Ms. Merkel told reporters at the Group of 20 meeting in Los Cabos, Mexico, disappointing those in Athens who hoped for a signal of new flexibility toward Greece in the wake of the vote. “There can be no loosening of the reform steps.”
At least Greece has a Parliament. Egypt on the other hand is once again on the verge of revolution as the Muslim Brotherhood threatens to take to the streets once again in protest over the military usurpation of power:
The ruling generals sought for the first time to sell the public on the decision to dissolve the Brotherhood-led Parliament on the eve of the vote. In a nearly two-hour news conference that was edited before it was televised, two members of the military council insisted that they regretted dissolving Parliament, but that they had been forced by a court ruling from judges appointed by former President Hosni Mubarak.
And although they have now issued an interim Constitution keeping legislative and much of the executive power for themselves – and even said later Monday that they would appoint a general to run the new president’s staff – the generals promised to hold a “grand celebration” when they turned over power as promised at the end of the month. [..]
In their news conference, the generals acknowledged they would have a monopoly on all lawmaking powers as well as control of the national budget. But they said that the new president – they did not name Mr. Morsi – would retain a veto over any new laws and could name the prime minister as well as other cabinet officials.
The generals have not backed away from the initial charter that removed the military and the defense minister from presidential authority and oversight and defended the imposition of martial, arresting and detaining civilians for trials in military courts. They also took it upon themselves to appoint the new president’s chief of staff and revived a special national defense council packed with loyal military officers, charged with overseeing matters of national security. This is not going over very well with the Egyptian people.
The bright spot in all of these travails, the French who gave newly elected president François Hollande a majority in Parliament on Sunday, which is likely only to embolden his drive for more growth-oriented spending and a retreat from German-style austerity. But if everything you hear about Greece and Egypt sound familiar, it is.
Jun 18 2012
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”.
Follow us on Twitter @StarsHollowGzt
Paul Krugman: Greece as Victim
Ever since Greece hit the skids, we’ve heard a lot about what’s wrong with everything Greek. Some of the accusations are true, some are false – but all of them are beside the point. Yes, there are big failings in Greece’s economy, its politics and no doubt its society. But those failings aren’t what caused the crisis that is tearing Greece apart, and threatens to spread across Europe.
No, the origins of this disaster lie farther north, in Brussels, Frankfurt and Berlin, where officials created a deeply – perhaps fatally – flawed monetary system, then compounded the problems of that system by substituting moralizing for analysis. And the solution to the crisis, if there is one, will have to come from the same places.
New York Times Editorial: Fiscal Cliffs Notes
Word has it that senators from both parties have begun discussing ways to avert the “fiscal cliff” – the tax increases and spending cuts slated to take effect starting in January and totaling some $700 billion next year alone.
More power to them. If Congress does nothing to soften the blow of automatically higher taxes and lower spending, the changes would further devastate the economy and provoke a recession in 2013, according to the Congressional Budget Office and private analyses.
On the other hand, if lawmakers decided to undo or delay all of the scheduled changes – in effect, extending today’s policies indefinitely – there would be no progress toward long-term deficit reduction, and that would raise the risk of fiscal crisis in the future.
I was unable to watch J.P. Morgan Chase CEO Jamie Dimon’s Senate testimony live the other day, so I had to get up yesterday morning and check it out on the Banking Committee’s web site. I had an inkling, from the generally slavish news reports about the hearing that started to come out Wednesday night, that it would be a hard thing to watch.
But I wasn’t prepared for just how bad it was. If not for Oregon’s Jeff Merkley, who was the only senator who understood the importance of taking the right tone with Dimon, the hearing would have been a total fiasco. Most of the rest of the senators not only supplicated before the blowdried banker like love-struck schoolgirls or hotel bellhops, they also almost all revealed themselves to be total ignoramuses with no grasp of the material they were supposed to be investigating.
Eric Margolis: Dangerous Games in Syria
America’s most vital national security concern is to maintain calm, productive relations with Russia.
The reason is obvious: Russia and the United States have thousands of nuclear warheads targeted on each other. Many are ready to launch in minutes. Compared to this threat, all of America’s other security issues are minor.
Avoiding confrontations with a major nuclear power is obvious. Yet the United States and Russia are ignoring such common sense in their increasingly heated war of words over Syria’s civil war.
John Nichols: Paul Ryan (and Mitt Romney) Versus the Nuns
Paul Ryan has made it clear enough that he’s interested in joining Mitt Romney’s 2012 Republican ticket. [..]
And the consideration will be fully in play on Monday, when Romney rolls his battleground-state bus tour into Ryan’s hometown of Janesville.
Ryan has become something of a defining figure for the bus tour, using media appearances to scope out its theme. In a bombastic statement circulated not by Ryan himself but by the Romney campaign, Ryan says, “On Day One, because we need a new president, Mitt Romney will fix this.” [..]
So it is that, on the day after Romney and Ryan visit Janesville, Catholic nuns will come to town as part of a national “Nuns on the Bus” tour organized to highlight efforts to ease the conditions of low-income Americans. Ryan has tried to suggest that his proposals are in keeping with Catholic social-justice teaching; the nuns do not agree.
Ben Adler: Romney, Republicans in a Bind Over Latinos and Obama’s Immigration Shift
President Obama executed a political masterstroke on Friday morning. He announced that undocumented immigrants brought here as children would be allowed to stay indefinitely if they complete high school or serve in the military. This is essentially the promise of the DREAM Act that Obama has urged Congress to pass and Republicans have blocked. The DREAM Act would offer the security of permanent residency, whereas Obama can only offer renewable work visas without legislation. (The executive branch can decide which undocumented immigrants to deport and which not to, but it cannot unilaterally create a path to citizenship.)
The DREAM Act is wildly popular among Latinos. The GOP has alienated most Latino voters by harboring an intensely anti-immigration movement on its right wing. Mitt Romney has been shameless about pandering to that element: he won anti-immigration crusader Tom Tancredo’s endorsement in 2008. In the recent Republican primaries he attacked staunch conservatives such as Newt Gingrich from the right on immigration, complaining that Gingrich admitted he had no intention of deporting grandmothers who have been here for over 25 years.
But now Romney is trying to win over Latinos. He recently announced the formation of a Latino outreach team and began sending out press releases in Spanish.
Julia Olmstead: Climate Change, Food Security and the G-20
From north to south, Mexican farmers are facing some of the most severe climate instability they’ve ever confronted. The northern states are suffering from what the Mexican government has called the worst drought the country has ever experienced; rain just won’t fall, and the crops that have been planted have dried up. In the south, they’ve had year after year of devastating floods, the result of which has been devastating topsoil loss on the uniformly hilly terrain
Elias Ventura, a small-holder corn farmer in the state of Oaxaca, told me about the hopelessness of this situation when we sat next to each other yesterday at the seminar IATP is co-hosting this week in Mexico City, “New Paradigms and Public Policies for Agriculture and Global Food Systems,” in advance of next week’s G-20 meeting in Los Cabos, Mexico. He said that he’s had either too much rain, or not enough, and that getting a good harvest under the unpredictable new weather extremes (that he said are the result of climate change) seemed like an impossibility. I asked him if the Mexican government provided any support when his crops failed and he gave me a resolute “No.” Not only would he be without the income that the crop would provide, but his community would have to adjust to a sharp decrease in food availability. This challenge Mexican farmers and rural communities face in the wake of climate change stands in stark contrast to the risk-management program the U.S. Senate has proposed for the 2012 Farm Bill, which would guarantee up to 90 percent of farmers’ revenue if crops fail or prices fall, but there are some similarities.
Jun 18 2012
On This Day In History June 18
This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.
Find the past “On This Day in History” here.
Click on images to enlarge.
June 18 is the 169th day of the year (170th in leap years) in the Gregorian calendar. There are 196 days remaining until the end of the year.
On this day in 1812, War of 1812 begins
The day after the Senate followed the House of Representatives in voting to declare war against Great Britain, President James Madison signs the declaration into law–and the War of 1812 begins. The American war declaration, opposed by a sizable minority in Congress, had been called in response to the British economic blockade of France, the induction of American seaman into the British Royal Navy against their will, and the British support of hostile Indian tribes along the Great Lakes frontier. A faction of Congress known as the “War Hawks” had been advocating war with Britain for several years and had not hidden their hopes that a U.S. invasion of Canada might result in significant territorial land gains for the United States.
The War of 1812 was a military conflict fought between the forces of the United States of America and those of the British Empire, including those of present-day Canada. The Americans declared war in 1812 for a number of reasons, including a desire for expansion into the Northwest Territory, trade restrictions because of Britain’s ongoing war with France, impressment of American merchant sailors into the Royal Navy, British support of American Indian tribes against American expansion, and the humiliation of American honour. Until 1814, the British Empire adopted a defensive strategy, repelling multiple American invasions of the provinces of Upper and Lower Canada. However, the Americans gained control over Lake Erie in 1813, seized parts of western Ontario, and destroyed Tecumseh’s dream of an Indian confederacy. In the Southwest General Andrew Jackson humbled the Creek nation at the Battle of Horseshoe Bend but with the defeat of Napoleon in 1814, the British adopted a more aggressive strategy, sending in three large armies along with more patrols. British victory at the Battle of Bladensburg in August 1814 allowed the British to capture and burn Washington, D.C. American victories in September 1814 and January 1815 repulsed British invasions of New York, Baltimore and New Orleans.
The war was fought in three theaters: At sea, warships and privateers of both sides attacked each other’s merchant ships. The British blockaded the Atlantic coast of the U.S. and mounted large-scale raids in the later stages of the war. Both land and naval battles were fought on the frontier, which ran along the Great Lakes and Saint Lawrence River. The South and the Gulf coast saw major land battles in which the American forces destroyed Britain’s Indian allies and defeated the main British invasion force at New Orleans. Both sides invaded each other’s territory, but these invasions were unsuccessful or temporary. At the end of the war, both sides occupied parts of the other’s territory, but these areas were restored by the Treaty of Ghent.
In the U.S., battles such as the Battle of New Orleans and the earlier successful defense of Baltimore (which inspired the lyrics of the U.S. national anthem, “The Star-Spangled Banner”) produced a sense of euphoria over a “second war of independence” against Britain. It ushered in an “Era of Good Feelings” in which the partisan animosity that had once verged on treason practically vanished. Canada also emerged from the war with a heightened sense of national feeling and solidarity. Britain regarded the war as a sideshow to the Napoleonic Wars raging in Europe; it welcomed an era of peaceful relations and trade with the United States.
Jun 18 2012
Elections Egypt, France and Greece: Results
The Greeks have decided to stay the course with the center right and have given a victory to the New Democracy Party headed by Antonis Samaras:
New Democracy narrowly beat Syriza, an alliance of radical leftists, winning 29.53% of the vote against 27.12% for the coalition led by Alexis Tsipras. Samaras called the result a victory for Europe.
“The Greek people today voted for the European course of Greece and that we remain in the euro,” Samaras declared in a victory speech. “This is an important moment for Greece and the rest of Europe,” he insisted, saying that Athens would honour the commitments it made in exchange for rescue loans from the EU and IMF. [..]
Across Greece’s divisive political spectrum there was speculation that Samaras would be able to form a viable coalition with the socialist Pasok and the small Democratic left – parties that have also agreed to accept the onerous terms of bailout funds even if they, too, want to renegotiate the package. [..]
Pro-bailout parties now constitute 50% of the electorate. But with the other half also vehemently opposed to the austerity policies dictated by foreign lenders, Greece’s rollercoaster ride is unlikely to end soon. It is now well into its fifth year of recession, with unemployment at a record 22% and worsening levels of poverty leaving thousands of Greeks destitute and homeless. Resistance to further austerity measures is only going to grow.
In France, exit polls indicate that Socialist Party of François Hollande has won a solid majority in both houses of the Parliament, eliminating the need for a coalition government. The conservative National Front has won four seats. The party leader, Marine Le Pen lost her bid for a seat but her 22 year old niece, Marion Marechal-Le Pen is believed to have been elected in the southern region of Carpentras. Former presidential candidate and M. Hollande’s ex-partner, Ségolène Royal has lost her bid for a seat in the National Assembly.
The Socialists and other left-wing parties came out on top in last Sunday’s first round of the vote, winning 46 per cent to 34 per cent for (former president Nicholas) Sarkozy’s UMP party and its allies. [..]
The polls showed France’s Socialists winning between 287 and 330 seats in Sunday’s runoff vote – almost certainly enough to secure a majority in the 577-seat Assembly. [..]
The Greens, who are close allies of the Socialists and already in government, were expected to win up to 20 seats.
The vote was also a key test for Marine Le Pen’s anti-immigrant and anti-EU National Front (FN), which took 13.6 per cent in the first round; far above the four per cent it won in the last parliamentary election in 2007.
There are no results yet for Egypt. But there is news and it is not good for the Egyptian people no matter who wins. This is the report by Leila Fadel and Ernesto Londoño in the Washington Post:
CAIRO – Shortly after polls in Egypt’s landmark presidential vote closed Sunday night, Egypt’s military leaders issued a constitutional decree that gave the armed forces vast powers and appeared to give the presidency a subservient role.
The declaration, published in the official state gazette, establishes that the president will have no control over the military’s budget or leadership and will not be authorized to declare war without the consent of the Supreme Council of the Armed Forces.
The document said the military would soon appoint a body to draft a new constitution, which would be put to a public referendum within three months. Once a new charter is in place, an election will be held to chose a parliament that will replace the Islamist-dominated one dissolved Thursday by the country’s top court.
Currently, exit polls show Muslim Brotherhood candidate Mohamed Morsi, ahead of former prime minister Ahmed Shafiq in the presidential runoff vote.
Jun 17 2012
Rant of the Week: Jon Stewart
After reportedly losing $7 billion on risky investments, JPMorgan Chase CEO Jamie Dimon travels to Capitol Hill to face the mighty Senate Banking Committee.
Eight the hard way is proving riskier than I thought.
It must be fun to be a Republican Senator sometimes, becuase you get the fun of breaking shit and the joy of complaining that the shit you just broke doesn’t work.
Jun 17 2012
On This Day In History June 17
This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.
Find the past “On This Day in History” here.
June 17 is the 168th day of the year (169th in leap years) in the Gregorian calendar. There are 197 days remaining until the end of the year.
On this day in 1885, the Statue of Liberty, a gift of friendship from the people of France to the people of the United States, arrives in New York City’s harbor.
The Statue of Liberty (Liberty Enlightening the World, French: La Liberté éclairant le monde) is a colossal neoclassical sculpture on Liberty Island in New York Harbor, designed by Frédéric Bartholdi and dedicated on October 28, 1886. The statue, a gift to the United States from the people of France, is of a robed female figure representing Libertas, the Roman goddess of freedom, who bears a torch and a tabula ansata (a tablet evoking the law) upon which is inscribed the date of the American Declaration of Independence. A broken chain lies at her feet. The statue has become an icon of freedom and of the United States.
Bartholdi was inspired by French law professor and politician Édouard René de Laboulaye, who commented in 1865 that any monument raised to American independence would properly be a joint project of the French and American peoples. Due to the troubled political situation in France, work on the statue did not commence until the early 1870s. In 1875, Laboulaye proposed that the French finance the statue and the Americans provide the pedestal and the site. Bartholdi completed both the head and the torch-bearing arm before the statue was fully designed, and these pieces were exhibited for publicity at international expositions. The arm was displayed in New York’s Madison Square Park from 1876 to 1882. Fundraising proved difficult, especially for the Americans, and by 1885 work on the pedestal was threatened due to lack of funds. Publisher Joseph Pulitzer of the World initiated a drive for donations to complete the project, and the campaign inspired over 120,000 contributors, most of whom gave less than a dollar. The statue was constructed in France, shipped overseas in crates, and assembled on the completed pedestal on what was then called Bedloe’s Island. The statue’s completion was marked by New York’s first ticker-tape parade and a dedication ceremony presided over by President Grover Cleveland.
The statue was administered by the United States Lighthouse Board until 1901 and then by the Department of War; since 1933 it has been maintained by the National Park Service. The statue was closed for renovation for much of 1938. In the early 1980s, it was found to have deteriorated to such an extent that a major restoration was required. While the statue was closed from 1984 to 1986, the torch and a large part of the internal structure were replaced. After the September 11 attacks in 2001, it was closed for reasons of safety and security; the pedestal reopened in 2004 and the statue in 2009, with limits on the number of visitors allowed to ascend to the crown. The statue is scheduled to close for up to a year beginning in late 2011 so that a secondary staircase can be installed. Public access to the balcony surrounding the torch has been barred for safety reasons since 1916.
Jun 17 2012
Elections Egypt, France and Greece
The Big Three elections that are taking place this weekend in Egypt, France and Greece. The outcome of these elections will not only effect the people of those countries but will have global impact as well.
In Egypt, the second day of voting for president is expected to be heavier than yesterday. Many Egyptians, not trusting the safety of their ballots held overnight, decided to hold off and vote today. Their choices are between between a conservative Islamist, Mohamed Morsi, the candidate of the Muslim Brotherhood and Hosni Mubarak’s former prime minister and long time friend, Ahmed Shafiq.
The prevailing mood among voters was one of deep anxiety over the future, tinged with bitterness that their revolution had stalled. Moreover, there was a sense of voting fatigue, and fears that no matter who won, street protests would erupt again.
Egyptians have gone to the polls multiple times since Mubarak’s fall on 11 February 2011: a referendum early last year, then three months of multi-round parliamentary elections that began in November, and the first round of presidential elections last month. [..]
The election is supposed to be the last stop in a turbulent transition overseen by the military generals. But even if they nominally hand over some powers to the winner, they will still hold the upper hand over the next president.
The generals are likely to issue an interim constitution defining the president’s authority while they retain their hold on legislative powers, and they will probably appoint a panel to write the permanent constitution.
Since the Mubarak packed Egyptian Supreme Court declared the parliamentary elections unconstitutional and dissolved parliament, the military has imposed martial law. Without a parliament, military council and the new president will get to write the constitution. This is not what the Egyptian people took to the streets planned or want. As Egyptian activist Mona Eltahawy said on Twitter: the choice is between the fascists with guns or the fascist with god.
In France, parliamentary elections are today. French citizens living outside France voted yesterday at consulates around the world. These elections will determine how much clout newly elected President François Hollande’s socialist government will have to get France and Europe out of the economic doldrums with a stimulus package from the EU. Much depends on German Chancellor Angela Merkel and just how much she will budge. So far, despite her party’s losses in state elections, it looks like she has dug her heels in forcing unwanted, and admittedly counterproductive, austerity measures on everyone.
The Socialists need 289 MPs in the 577-seat house for an absolute majority, which would allow Hollande to implement his manifesto with relative ease. The broad French left dominated the first-round vote on 10 June, and polls suggest a Socialist absolute majority is possible, though not a certainty.
Even if Hollande’s party does not quite win a majority alone, it looks likely to be able to make up the numbers by forming a partnership with the Greens, with whom it has an electoral accord. This would avoid Hollande having to depend on more hardline leftists who oppose key elements of his programme.
Much will depend on voter turnout. This is the fourth election in France in two months, after the two-round presidential race. Turnout in the first-round parliamentary vote on 10 June was 57%, the lowest since 1958.
One of the key issues is whether the far-right Front National can win seats and sit in parliament for the first time since 1986. The last FN deputy was elected in 1997, but the result was later annulled over funding irregularities.
And probably the most important election is taking place in Greece where a win for the far left Syriza Party may drastically change the austerity policies that have created a humanitarian crisis.
The Guardian has documented the humanitarian catastrophe that followed. Soup kitchens for the middle class, a huge jump in homelessness and mental disease, daily suicides, lack of basic medicines, cancer patients turned away from pharmacies, and hospitals ceasing operation because of a lack of basic supplies. The question on Sunday is not between the euro and the drachma, but between the continuation of these policies or salvation from the greatest destruction a people have experienced in peacetime. If something is leading to the exit from the euro, a probable collapse of the eurozone and a possible world crisis of 1930s magnitude, is not the Syriza policies but extreme austerity and mad economic recipes.
Syriza is totally committed to the eurozone. Its manifesto promises an immediate repeal of all laws enacted by the Greek government after the bailouts. Some of the measures affecting the private sector were never demanded by the troika – the EU, IMF and the European Central Bank – and were introduced by the establishment parties. After that, negotiations will start for a substantial reduction of the debt, which may be followed by a moratorium on servicing the debt until the economy starts growing again.
In a highly symbolic move, the minimum wage and unemployment benefit will return to their pre-austerity levels. Syriza’s anti-austerity and pro-Europe policies represent the best interests of the Greek people.
Many of the results will be available later today, some later in the week since most of these elections are done with paper ballots which take time to count and confirm. We will bring the results and analysis of their impact as they are posted.
Jun 17 2012
Punting the Pundits: Sunday Preview Edition
“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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The Sunday Talking Heads:
Up with Chris Hayes: Chris announced that two of his guests would be Rep. Steve Cohen (D-TN) and Rolling Stone contributor Michael Hastings.
The Melissa Harris-Perry Show: The list of guests was not available.
This Week with George Stephanopolis: Sunday’s guests are White House senior adviser David Plouffe.
The roundtable debates all the week’s politics, with Romney national campaign co-chair and former Minnesota Gov. Tim Pawlenty, ABC News’ George Will, political strategist and ABC News political analyst Matthew Dowd, former Obama economic adviser and ABC News consultant Austan Goolsbee, and editor and publisher of The Nation Katrina vanden Heuvel.
Face the Nation with Bob Schieffer: Mr. Schieffer’s guests are former Vermont Governor and 2004 Democratic Presidential Candidate Howard Dean and Senator Lindsey Graham (R-SC),
His roundtable guests are The Wall Street Journal’s Peggy Noonan, National Review & TIME Magazine’s Richard Lowry, CBS News Political Correspondent Jan Crawford and CBS News Political Director John Dickerson
The Chris Matthews Show: This week’s guests Liz Marlantes, The Christian Science Monitor; David Ignatius, The Washington Post Columnist; Howard Fineman, The Huffington Post Senior Political Editor; and Kelly O’Donnell, NBC News Capitol Hill Correspondent.
Meet the Press with David Gregory: Making appearances on MTP are White House senior adviser, David Plouffe, and the man who ran against Obama in 2008, Sen. John McCain (R-AZ).
The roundtable guests are associate editor at The Washington Post and author of the new biography “Barack Obama: The Story,” David Maraniss; presidential historian Doris Kearns Goodwin; TIME‘s Mark Halperin; Fmr. Rep. Harold Ford, Jr. (D-TN); and the Wall Street Journal‘s Kim Strassel.
State of the Union with Candy Crowley: Guests will include White House Senior Adviser, David Plouffe; former presidential candidate Rick Santorum; Senator John Barrasso (R-WY); the Ranking Member of the House Budget Committee, Rep. Chris Van Hollen (D-MD); Matt Bai of the New York Times and Jessica Yellin, CNN’s Chief White House Correspondent.
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