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Krugman: The Keys to Economic Recovery

Paul Krugman Explains the Keys to Our Recovery



Transcript can be read here

Nobel Prize-winning economist and New York Times columnist Paul Krugman argues that saving money is not the path to economic recovery. Instead, he tells Bill, we should put aside our excessive focus on the deficit, try to overcome political recalcitrance, and spend money to put America back to work. Krugman offers specific solutions to not only end what he calls a “vast, unnecessary catastrophe,” but to do it more quickly than some imagine possible. His latest book, End This Depression Now!, is both a warning of the fiscal perils ahead and a prescription to safely avoid them.

On Pres. Obama’s choice of Jack Lew for Treasury Secretary

(W)hat the president needs right now is he needs a hardnosed negotiator. And rumor has it that’s what he’s got, so.

The president can’t pass major new legislation. He can’t formulate major new programs right now. What he has to do now is bargain down or ride over these crazy people in the Republican Party. And we what we need now is not deep thinking from the treasury secretary. If the president wants deep thinkers, he can call Joe Stiglitz, he can call other people. What he needs from the Treasury secretary is somebody who’s going to be very effective at dealing with these wild men and making sure that nothing terrible happens.

Damning praise, indeed.

In Memoriam: Aaron Swartz 1986 – 2013

The brilliant mind, righteous heart of Aaron Swartz will be missed



The transcript can be read here

Lean into the pain

by Aaron Swartz

When you first begin to exercise, it’s somewhat painful. Not wildly painful, like touching a hot stove, but enough that if your only goal was to avoid pain, you certainly would stop doing it. But if you keep exercising… well, it just keeps getting more painful. When you’re done, if you’ve really pushed yourself, you often feel exhausted and sore. And the next morning it’s even worse.

If that was all that happened, you’d probably never do it. It’s not that much fun being sore. Yet we do it anyway – because we know that, in the long run, the pain will make us stronger. Next time we’ll be able to run harder and lift more before the pain starts.

And knowing this makes all the difference. Indeed, we come to see the pain as a sort of pleasure – it feels good to really push yourself, to fight through the pain and make yourself stronger. Feel the burn! It’s fun to wake up sore the next morning, because you know that’s just a sign that you’re getting stronger.

Few people realize it, but psychological pain works the same way. Most people treat psychological pain like the hot stove – if starting to think about something scares them or stresses them out, they quickly stop thinking about it and change the subject.

The problem is that the topics that are most painful also tend to be the topics that are most important for us: they’re the projects we most want to do, the relationships we care most about, the decisions that have the biggest consequences for our future, the most dangerous risks that we run. We’re scared of them because we know the stakes are so high. But if we never think about them, then we can never do anything about them. [..]

Next time you start feeling that feeling, that sense of pain from deep in your head that tells you to avoid a subject – ignore it. Lean into the pain instead. You’ll be glad you did.

Rant of the Week: Rachel Maddow

Drone Strikes in the Dark

Maddow said she was troubled by the secrecy with which the strikes were carried out, since the Obama administration’s policy is to refuse to talk about them.

“The most amazing thing about this as a matter of policy is that it isn’t a matter of policy,” she said. “…The fact that we know that these things are happening and that our government considers these things deniable is frankly one of the more Orwellian things about being an American in the 21st century.” [..]

“We may or may not like what our military does in wartime, but the expectation … [is that] we get to know what they’re doing,” she said. “Our political leaders can be voted out of office if we do not like what they have the military do. We do not have that luxury, that accountability, when our government does not admit to what we do.” [..]

“Why are we now supposed to believe … that regardless of how things have gone under his leadership so far, it all might change and get a lot more accountable and a lot more transparent if he gets this big new job?” she asked. “It is kind of hard to believe that he’s going to go run an agency so he can go give some of that agency’s authorities away.”

On This Day In History January 13

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.

January 13 is the 13th day of the year in the Gregorian calendar. There are 352 days remaining until the end of the year (353 in leap years).

It is still celebrated as New Year’s Eve (at least in the 20th & 21st centuries) by countries still using the thirteen day slower Julian calendar (Old New Year).

On this day in 1898, French writer Emile Zola’s inflammatory newspaper editorial, entitled “J’accuse,” is printed. The letter exposed a military cover-up regarding Captain Alfred Dreyfus. Dreyfus, a French army captain, had been accused of espionage in 1894 and sentenced in a secret military court-martial to imprisonment in a South American penal colony. Two years later, evidence of Dreyfus’ innocence surfaced, but the army suppressed the information. Zola’s letter excoriated the military for concealing its mistaken conviction.

Dreyfus Affair

Captain Alfred Dreyfus was a Jewish artillery officer in the French army. When the French intelligence found information about someone giving the German embassy military secrets, anti-semitism seems to have caused senior officers to suspect Dreyfus, though there was no direct evidence of any wrongdoing. Dreyfus was court-martialled, convicted of treason and sent to Devil’s Island in French Guiana.

LL Col. Georges Picquart, though, came across evidence that implicated another officer, Ferdinand Walsin Esterhazy, and informed his superiors. Rather than move to clear Dreyfus, the decision was made to protect Esterhazy and ensure the original verdict was not overturned. Major Hubert-Joseph Henry forged documents that made it seem that Dreyfus was guilty and then had Picquart assigned duty in Africa. Before leaving, Picquart told some of Dreyfus’s supporters what he knew. Soon Senator August Scheurer-Kestner took up the case and announced in the Senate that Dreyfus was innocent and accused Esterhazy. The right-wing government refused new evidence to be allowed and Esterhazy was tried and acquitted. Picquart was then sentenced to 60 days in prison.

Émile Zola risked his career and even his life on 13 January 1898, when his “J’accuse“, was published on the front page of the Paris daily, L’Aurore. The newspaper was run by Ernest Vaughan and Georges Clemenceau, who decided that the controversial story would be in the form of an open letter to the President, Felix Faure. Émile Zola’s “J’Accuse” accused the highest levels of the French Army of obstruction of justice and antisemitism by having wrongfully convicted Alfred Dreyfus to life imprisonment on Devil’s Island. Zola declared that Dreyfus’ conviction came after a false accusation of espionage and was a miscarriage of justice. The case, known as the Dreyfus affair, divided France deeply between the reactionary army and church, and the more liberal commercial society. The ramifications continued for many years; on the 100th anniversary of Zola’s article, France’s Roman Catholic daily paper, La Croix, apologized for its antisemitic editorials during the Dreyfus Affair. As Zola was a leading French thinker, his letter formed a major turning-point in the affair.

Zola was brought to trial for criminal libel on 7 February 1898, and was convicted on 23 February, sentenced, and removed from the Legion of Honor. Rather than go to jail, Zola fled to England. Without even having had the time to pack a few clothes, he arrived at Victoria Station on 19 July. After his brief and unhappy residence in London, from October 1898 to June 1899, he was allowed to return in time to see the government fall.

The government offered Dreyfus a pardon (rather than exoneration), which he could accept and go free and so effectively admit that he was guilty, or face a re-trial in which he was sure to be convicted again. Although he was clearly not guilty, he chose to accept the pardon. Émile Zola said, “The truth is on the march, and nothing shall stop it.” In 1906, Dreyfus was completely exonerated by the Supreme Court.

The 1898 article by Émile Zola is widely marked in France as the most prominent manifestation of the new power of the intellectuals (writers, artists, academicians) in shaping public opinion, the media and the state.

Punting the Pundits: Sunday Preview Edition

Punting the Punditsis 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

The Sunday Talking Heads:

Up with Chris Hayes: Joining Chris will be:

Joy Reid, MSNBC Contributor and managing editor of TheGrio.com; John McWhorter, professor of Linguistics and American Studies at Columbia University, contributing editor at the New Republic and New York Daily News columnist; Eli Lake, senior national security reporter for Newsweek and The Daily Beast; Amy Goodman, host and executive producer of “Democracy Now!” and co-author of “The Silenced Majority: Stories of Uprisings, Occupations, Resistance & Hope;” Dave Zirin, columnist for The Nation and author of “The John Carlos Story: The Sports Moment That Changed the World;” Tara McGuinness, executive director, Center for America Progress Action Fund; and Chris Anders, senior legislative counsel at the American Civil Liberties Union.

This Week with George Stephanopolis: Guests on “This Week” are  Sen. Jack Reed (D-RI); Sen. Bob Corker (R-TN);  Council on Foreign Relations President Richard Haass and ABC News Global Affairs Correspondent Martha Raddatz discuss the nominations, plus the debate over Afghanistan and the latest threats from Iran.

Sen. Joe Manchin (D-WV) and former Utah Gov. Jon Huntsman, honorary chairs of No Labels, tackle whether both parties can ever come together in Washington.

The roundtable breaks down the domestic battles ahead, from the looming budget cliffs to the gun control debate to the fight over President Obama’s Cabinet picks, with Nobel Prize-winning economist and New York Times columnist Paul Krugman; Wall Street Journal columnist Peggy Noonan; Bloomberg News executive editor Al Hunt; “PBS NewsHour” co-anchor and senior correspondent Judy Woodruff; and David Walker, former U.S. comptroller general and founder and CEO of the Comeback America Initiative.

Face the Nation with Bob Schieffer: Mr. Schieffer’s guests are Gen. (ret) Stanley McCystal; Se. John McCain (R-AZ);  Sen. Joe Manchin (D-WV); Democratic Los Angeles Mayor Antonio Villaraigosa.

A panel of reporters with The Washington Post‘s Rajiv Chandrasekaran, The Cook Political Report‘s Amy Walter and CBS News Political Director John Dickerson.

The Chris Matthews Show: Information about this week’s guests was unavailable.

Meet the Press with David Gregory: On this Sunday’s MTP anexclusive interview with General Colin Powell (Ret.).

The roundtable weighs in: Newark’s Democratic Mayor Cory Booker; Fmr. Gov. Haley Barbour (R-MS); GOP strategist Mike Murphy; and NBC’s Chief Foreign Affairs Correspondent Andrea Mitchell.

State of the Union with Candy Crowley: Ms. Crowley’s guests this Sunday are NRA President David Keene; Senator Chris Murphy (D-CT); Former Utah Governor and Republican Presidential Candidate Jon Huntsman and Senator Joe Manchin (D-WV).

Joining her for a panel discussion are  Congressman Elijah Cummings, Congresswoman Marsha Blackburn, Jeff Zeleny from the New York Times, and Michael Scherer of Time magazine.

What We Now Know

Up host Chris Hayes discusses what we now know since last week began, including how NFL linebacker Junior Seau committed suicide by shooting himself in the chest preserving his brain for scientific study. His panel guests are George Saunders, author of “Tenth of December;” Michael Chabon, author of “Telegraph Avenue” and Pulitzer Prize-winner; Victor LaValle, author of “The Devil in Silver” and Assistant Professor and Acting Fiction Director at Columbia University School of the Arts; and Ayana Mathis, author of “The Twelve Tribes of Hattie.”

Seau Suffered From Brain Disease

by Mary Pilon, New York Times

The former N.F.L. linebacker Junior Seau had a degenerative brain disease linked to repeated head trauma when he committed suicide in the spring, the National Institutes of Health said Thursday.

The findings were consistent with chronic traumatic encephalopathy, a degenerative brain disease widely connected to athletes who have absorbed frequent blows to the head, the N.I.H. said in a statement. Seau is the latest and most prominent player to be associated with the disease, which has bedeviled football in recent years as a proliferation of studies has exposed the possible long-term cognitive impact of head injuries sustained on the field. [..]

Since C.T.E. was diagnosed in the brain of the former Eagles defensive back Andre Waters after his suicide in 2006, the disease has been found in nearly every former player whose brain was examined posthumously. (C.T.E. can be diagnosed only posthumously.)

NFL concussions lawsuit: 2,000 former players to file class action suit

PHILADELPHIA (AP) – A concussion-related lawsuit bringing together scores of cases has been filed in federal court, accusing the NFL of hiding information that linked football-related head trauma to permanent brain injuries.

Lawyers for former players say more than 80 pending lawsuits are consolidated in the “master complaint” filed Thursday in Philadelphia.

Plaintiffs hope to hold the NFL responsible for the care of players suffering from dementia, Alzheimer’s disease and other neurological conditions. Other former players remain asymptomatic, but worry about the future and want medical monitoring.

Australia Adds New Weather Map Colors for Extreme Heat

by Brooke Jarvis, Rolling Stone

Climate change is causing ‘catastrophic’ danger in much of the country

Australia is facing record-breaking temperatures in next week’s forecast – a heat wave so intense that the Australian Bureau of Meteorology has been forced to make new charts.

For the first time, the century-old agency’s forecast map now includes a gauge for temperatures up to 54° Celsius (129.2° Fahrenheit), complete with new colors – deep purple and hot pink – to indicate areas experiencing heat above 50°C (122°F).

Though Australia’s existing heat record, set in 1960, still stands for the moment, officials believe it may soon be surpassed. The nation’s Bureau of Meteorology has been open about the impact that rising greenhouse gases are already having there: The agency’s website declares that Australia is “experiencing rapid climate change,” including more frequent heat waves and changing rainfall patterns.

The current heat wave has produced above-average temperatures for 80 percent of the country – the nationwide average on Monday was 104 degrees Fahrenheit – and scores of wildfires. The state of New South Wales, home to Australia’s most populous city, Sydney, is facing its greatest fire danger ever, officials say. In some areas of the state, the official fire danger rating is “catastrophic.”

2012 Hottest Year On Record For Lower 48 States, NOAA Confirms

It’s official: 2012 was the warmest year on record in the lower 48 states, as the country experienced blistering spring and summer heat, tinderbox fire weather conditions amid a widespread drought, and one of the worst storms to ever strike the Mid-Atlantic and Northeast.

According to the National Oceanic and Atmospheric Administration (NOAA), 2012 had an average temperature of 55.3°F, which eclipsed 1998, the previous record holder, by 1°F. That was just off Climate Central’s calculation in mid-December, which projected an expected value of 55.34°F, based on historical data.

The 1°F difference from 1998 is an unusually large margin, considering that annual temperature records are typically broken by just tenths of a degree Fahrenheit. In fact, the entire range between the coldest year on record, which occurred in 1917, and the previous record warm year of 1998 was just 4.2°F.

Health and Fitness News

Welcome to the Stars Hollow Health and Fitness News weekly diary. It will publish on Saturday afternoon and be open for discussion about health related issues including diet, exercise, health and health care issues, as well as, tips on what you can do when there is a medical emergency. Also an opportunity to share and exchange your favorite healthy recipes.

Questions are encouraged and I will answer to the best of my ability. If I can’t, I will try to steer you in the right direction. Naturally, I cannot give individual medical advice for personal health issues. I can give you information about medical conditions and the current treatments available.

You can now find past Health and Fitness News diaries here and on the right hand side of the Front Page.

Follow us on Twitter @StarsHollowGzt

Cauliflower Dishes With Some Sicilian Flair

Sicilian Cauliflower Black Olive Gratin

Every once in a while I revisit the cuisine of a particular part of the world (usually it is located somewhere in the Mediterranean). This week I landed in Sicily. I was nosing around my cookbooks for some cauliflower recipes and opened my friend and colleague Clifford A. Wright’s very first cookbook, “Cucina Pariso: The Heavenly Food of Sicily.” The cuisine of this island is unique, with many Arab influences – lots of sweet spices, sweet and savory combinations, saffron, almonds and other nuts. Sicilians even have a signature couscous dish, a fish couscous they call Cuscusù.

!Martha Rosw Shulman~

Sicilian Cauliflower and Black Olive Gratin

A simple gratin that is traditionally made with green cauliflower, but is equally delicious with the easier-to-obtain white variety.

Tunisian Style Baked Cauliflower Frittata

A lighter and simpler version of an authentic Tunisian frittata.

Cauliflower and Tuna Salad

Tuna adds a new element to a classic Italian antipasto of cauliflower and capers dressed with vinegar and olive oil.

Baked Ziti With Cauliflower

A delicious baked macaroni dish that has a lot more going for it nutritionally than mac and cheese.

Sicilian Pasta With Cauliflower

Raisins or currants and saffron introduce a sweet element into the savory and salty mix.

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

Jonathan Alter: The Platinum Coin Wouldn’t Have Been Goofy to FDR

I love the trillion-dollar platinum coin solution to the debt-ceiling blackmail threat, though lots of people find it too gimmicky. They say that a serious government can’t pull stunts like that to bolster the financial system.

Oh, really? Ask Franklin D. Roosevelt.

Roosevelt took the oath of office on March 4, 1933, at the bottom of the Great Depression. The nation was in the fetal position. Almost three-quarters of the states had already closed their banks. As president-elect, Roosevelt wanted his predecessor, Herbert Hoover, to close the rest. Hoover refused, and Roosevelt signed an executive order to do so on his first day in office.

Rev. Richard L. Kilmer: President Obama, Do Not Let Your First Promise Be Your Last Deed

As President Barack Obama prepares to be inaugurated for his second term, he re-enters the Oval Office with several challenging tasks in front of him. One of the most challenging, and most important, is his unfulfilled commitment to close the detention center at Guantanamo Bay.

Today marks the 11th anniversary of the first detainees being taken to Guantanamo Bay. [..]

President Obama, I urge you: Do not let your first promise be your last deed. Use your executive power to close Guantanamo Bay and once and for all, lead us out of the dark shadow of September 11th and restore our moral standing as a nation that can be a light unto others.

Charles M. Blow: [Revolutionary Language Listen closely.

That sound you hear is the sound of a cultural paranoia by people who have lost their grip on the reins of power, and on reality, and who fear the worst is coming.

And they are preparing for it, whatever it may be – a war, a revolution, an apocalypse.

These extremists make sensible, reasonable gun control hard to discuss, let alone achieve in this country, because they skew the conversations away from common-sense solutions on which both rational gun owners and non-gun owners can agree.

Richard (RJ) Eskow: Is the US Budget ‘Wanton’ and ‘Wild?’ The IMF Says Yes, These Charts Say No

Well, there they go again. Less than a week after its chief economist apologized for wrongly imposing austerity on European nations — hey, sorry about that, unemployed millions! — the International Monetary Fund is misleading another country into the miasma of austerity economics: ours.[..]

The IMF report calls us “profligate” because we’re imbalanced between the amount of money our government collects and the amount it spends. But, as Howard Schneider notes in the Washington Post, Denmark offers much better social benefits than the U.S. and isn’t called “profligate” because it collects the revenues to pay for it.

At this rate, only concerted action can stop the trend toward more of the same austerity madness that has wounded Europe — and us — thanks to the misguided guidance we keep receiving from institutions like the IMF — which will no doubt ‘apologize’ for this absurd report someday too — long after the damage has been done.

New York Times Editorial: Senator Reid Takes Fresh Aim

During a tight re-election campaign in 2010, when the vote of gun owners was crucial, Harry Reid, the Democratic majority leader of the Senate, not only showed his prowess with a 12-gauge shotgun – hitting two clay pigeons from the air – but also invited Wayne LaPierre, chief executive officer of the National Rifle Association, as his guest for the opening of a new shooting range in Searchlight, Nev. Mr. Reid, a former policeman, eagerly displayed his sportsman’s enthusiasm to the voters. [..]

Mr. Reid must be held to nothing less as his friends in the N.R.A. mount their ferocious campaign against effective reform. A significant part of the gun lobby’s supporters on Capitol Hill are Democrats. As their leader, Harry Reid will be crucial in making genuine change happen, and he will share the blame if it does not.

Gail Collins: The Flu. Who Knew?

Everybody is talking about the flu. Never have I seen so many people trying to open doorknobs with their elbows. “Epidemic spurs rush to hospitals,” announced The New York Post under a “Flu York” front-page headline. A financial Web site offered a list of undervalued stocks in the funeral service industry. The mayor of Boston declared a public health emergency. Google Flu Trends painted a map of the country in deep red and inspired a raft of terrifying predictions. (“Outbreak could be the worst on record.”)

It’s hard to tell the extent of a flu outbreak because most of the victims just snivel away unhappily in the privacy of their own homes. The Google site solves this problem by tracking the number of times people search for flu-related terms online. Does this make sense to you, people? If we could determine what was going on in the world by the most popular searches, wouldn’t the universe be run by mischievous kittens and Kate Middleton?

On This Day In History January 12

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.

January 12 is the 12th day of the year  

On this day in 1932, Hattie Ophelia Wyatt Caraway (February 1, 1878 – December 21, 1950), a Democrat from Arkansas, becomes the first woman to be elected to the U.S. Senate.

Hattie Wyat was born near Bakerville, Tennessee, in Humphreys County, the daughter of William Carroll Wyatt, a farmer and shopkeeper, and Lucy Mildred Burch. At the age of four she moved with her family to Hustburg, Tennessee. After briefly attending Ebenezer College in Hustburg, she transferred to Dickson (Tenn.) Normal College, where she received her B.A. degree in 1896. She taught school for a time before marrying in 1902 Thaddeus Horatius Caraway, whom she had met in college; they had three children, Paul, Forrest, and Robert. The couple moved to Jonesboro, Arkansas where she cared for their children and home and her husband practiced law and started a political career.

The Caraways settled in Jonesboro where he established a legal practice while she cared for the children, tended the household and kitchen garden, and helped to oversee the family’s cotton farm. The family eventually established a second home Riversdale at Riverdale Park, Maryland. Her husband, Thaddeus Caraway, was elected to the United States House of Representatives in 1912, and he served in that office until 1921 when he was elected to the United States Senate where he served until he died in office in 1931. Following the precedent of appointing widows to temporarily take their husbands’ places, Arkansas governor Harvey Parnell appointed Hattie Caraway to the vacant seat, and she was sworn into office on December 9. With the Arkansas Democratic party’s backing, she easily won a special election in January 1932 for the remaining months of the term, becoming the first woman elected to the Senate. Although she took an interest in her husband’s political career, Hattie Caraway avoided the capital’s social and political life as well as the campaign for woman suffrage. She recalled that “after equal suffrage I just added voting to cooking and sewing and other household duties.”

n May 1932 Caraway surprised Arkansas politicians by announcing that she would run for a full term in the upcoming election, joining a field already crowded with prominent candidates who had assumed she would step aside. She told reporters, “The time has passed when a woman should be placed in a position and kept there only while someone else is being groomed for the job.” When she was invited by Vice President Charles Curtis to preside over the Senate she took advantage of the situation to announce that she would run for reelection. Populist Louisiana politician Huey Long travelled to Arkansas on a 9-day campaign swing to campaign for her. She was the first female Senator to preside over this body as well as the first to chair a Committee (Senate Committee on Enrolled Bills). Lacking any significant political backing, Caraway accepted the offer of help from Long, whose efforts to limit incomes and increase aid to the poor she had supported. Long was also motivated by sympathy for the widow as well as by his ambition to extend his influence into the home state of his rival, Senator Joseph Robinson. Bringing his colorful and flamboyant campaign style to Arkansas, Long stumped the state with Caraway for a week just before the Democratic primary, helping her amass nearly twice as many votes as her closest opponent. She went on to win the general election in November.

 

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; Coins Against Crazies

It’s crucial to understand three things about this situation. First, raising the debt ceiling wouldn’t grant the president any new powers; every dollar he spent would still have to be approved by Congress. Second, if the debt ceiling isn’t raised, the president will be forced to break the law, one way or another; either he borrows funds in defiance of Congress, or he fails to spend money Congress has told him to spend.

Finally, just consider the vileness of that G.O.P. threat. If we were to hit the debt ceiling, the U.S. government would end up defaulting on many of its obligations. This would have disastrous effects on financial markets, the economy, and our standing in the world. Yet Republicans are threatening to trigger this disaster unless they get spending cuts that they weren’t able to enact through normal, Constitutional means. [..]

Or, best of all, there might be enough sane Republicans that the party will blink and stop making destructive threats.

Unless this last possibility materializes, however, it’s the president’s duty to do whatever it takes, no matter how offbeat or silly it may sound, to defuse this hostage situation. Mint that coin!

New York Times Editorial: America’s Health Disadvantage

It is no secret that the United States spends a lot more on health care than any other country yet ranks far behind other advanced nations in keeping its citizens healthy. This has been well documented in studies of older people and of newborn infants. It is now shockingly clear that poor health is a much broader and deeper problem than past studies have suggested.

An authoritative report issued by the Institute of Medicine this week found that, on average, Americans experience higher rates of disease and injury and die sooner than people in other high-income countries. That is true at all ages between birth and 75 and for even well-off Americans who mistakenly think that top-tier medical care ensures that they will remain in good health. The study found that even upper-income Americans with health insurance and college educations appear to be sicker than their peers in other rich nations.

Rep. Keith Ellison: Cut Oil Subsidies, Not Jobs

Last week, I said that if Congress has to make cuts, we should embrace the idea of ridding ourselves of wasteful giveaways to the fossil fuel industry. Here’s an idea. Let’s cut the Master Limited Partnership loophole and fossil fuel subsidies.

The Master Limited Partnership is an obscure but harmful multibillion dollar loophole that allows fossil fuel companies to avoid all income taxes on transportation or processing of fossil fuels — things like oil pipelines. [..]

The Master Limited Partnership is just one example of the billions of dollars in handouts that polluters get from Congress. [..]

It’s time for Republicans in Congress to put their money where their mouth is. Middle class families should not be forced to scrape by with less while oil companies get away with more. Any cuts we make should reflect our priorities and needs as a country. Rather than cutting important lifelines like Medicare, Medicaid and Social Security, let’s cut corporate tax loopholes. The five largest oil companies made more than $1 trillion in profits in the last decade. They don’t need our help.

Ray McGovern: Excusing Torture, Again

Would-be tough guys like former CIA torturer-in-chief José A. Rodriguez Jr. brag that “enhanced interrogation” of terrorists – or doing what the rest of us would call “torturing” – has made Americans safer by eliciting tidbits of information that advanced the search for al-Qaeda leader Osama bin Laden.

Rodriguez makes this case again in the Sunday’s Washington Post Outlook section in the context of the new “hunt-for-bin-Laden” movie, “Zero Dark Thirty,” though Rodriguez still disdains the word “torture.” He’s back playing the George W. Bush-era word game that waterboarding, stress positions, sleep deprivation and other calculated pain inflicted on detainees in the CIA’s custody weren’t really “torture.” [..]

Yet, while quibbling with some details of the movie and its gory depiction of “enhanced interrogation techniques,” Rodriguez largely agrees with the film’s suggestion that the harsh tactics played a key role in getting the CIA on the trail of bin Laden’s courier who eventually led Seal Team 6 to bin Laden’s hideout in Abbottabad, Pakistan. [..]

But others familiar with the chronology of events dispute that the “enhanced interrogation techniques” were responsible for any significant breaks in the case. Sens. Dianne Feinstein and Carl Levin, chairs of the Senate Intelligence Committee and the Armed Service Committee respectively, have asserted that “The original lead information had no connection to CIA detainees” and a detainee in CIA custody who did provide information on bin Laden’s courier “did so the day before he was interrogated by the CIA using their coercive interrogation techniques.”

Eugene Robinson: Is It Hot Enough for You?

All right, now can we talk about climate change? After a year when the lower 48 states suffered the warmest temperatures, and the second-craziest weather, since record-keeping began?

Apparently not. The climate change denialists-especially those who manipulate the data in transparently bogus ways to claim that warming has halted or even reversed course-have been silent, as one might expect. Sensible people accept the fact of warming, but many doubt that our dysfunctional political system can respond in any meaningful way.

Robert Reich: Debt Ceiling and Guns: Using Presidential Authority to the Fullest

Anyone who thinks congressional Republicans will roll over on the debt ceiling or gun control or other pending hot-button issues hasn’t been paying attention.

But the president can use certain tools that come with his office — responsibilities enshrined in the Constitution and in his capacity as the nation’s chief law-enforcer — to achieve some of his objectives. [..]

But it’s a fair argument that when the nation is jeopardized — whether in danger of defaulting on its debts or succumbing to mass violence — a president is justified in using his authority to the fullest.

The mere threat of taking such actions — using the president’s executive authority to pay the nation’s bills or broadly interpret gun laws already on the books — could be useful in pending negotiations with congressional Republicans.

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