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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: Romney/Ryan: The Real Target

So, let me clarify what I believe is really going on in the choice of Paul Ryan as VP nominee. It is not about satisfying the conservative base, which was motivated anyway by Obama-hatred; it is not about refocusing on the issues, because R&R are both determined to avoid providing any of the crucial specifics about their plans. It is – as Jonathan Chait also seems to understand – about exploiting the gullibility and vanity of the news media, in much the same way that George W. Bush did in 2000. [..]

So, a memo to the news media: you have now become players in this campaign, not just reporters. Mitt Romney isn’t seeking a debate on the issues; on the contrary, he’s betting that your gullibility and vanity will let him avoid a debate on the issues, including the issue of his own fitness for the presidency. I guess we’ll see if it works.

Richard (RJ) Eskow: Happy Birthday, Social Security! Now About Your Gift …

Today, August 14, is Social Security’s 77th birthday. That presents us with a difficult challenge: What do you give a government program that has everything … except a secure future of its own?

Let’s take a look at the options for this year’s celebration.

The Gift Pile

Talk about an embarrassment of riches! Look what Social Security can already list among its gifts. It’s got:

Hundreds of millions of people who love it. Polls consistently show that Social Security, along with Medicare, is one of our most popular government programs.

The best balance sheet in the entire government. Despite all the scare talk (which we’ll get to shortly), no program in US history is on a firmer financial footing than Social Security. It’s a stand-alone program which isn’t allowed to contribute to the overall government deficit, and is absolutely solvent until the mid-2030’s.

No other program can say that.

New York Times Editorial: A Question of Improper Money Flows

Standard Chartered, the London-based bank, may soon reach a settlement with bank regulators to resolve charges that it violated American banking rules that restrict transactions with Iranian clients. The rules are intended to impede money flows that might finance terrorism and weapons of mass destruction.

The bank has said it “strongly rejects” allegations that it improperly processed $250 billion of transactions for Iranians. The claims were leveled last week by New York’s Department of Financial Services, a regulatory agency recently formed by merging the state’s banking and insurance departments. But if the bank does not settle the charges, its officials will have to rebut them this week at a meeting called by Benjamin Lawsky, the former federal prosecutor who leads the department. It seems a safe bet that the officials would rather settle than have to defend the bank’s actions, with specificity, before the authorities. [..]

While authorities usually act together in such cases, the feds have been on the Standard Chartered case for years without bringing charges or reaching a conclusion.  [..]

Mr. Lawsky’s challenge is to work cooperatively with federal regulators, while standing his ground.

Robert Dreyfuss: Obama’s Regime-Change Policy in Syria

The Pentagon, the State Department and the CIA are making war plans for Syria. And they’re pretty much announcing them.

Over the weekend, on a visit to Turkey, a NATO member, to meet with Syrian opposition leaders and Foreign Minister Ahmet Davutoglu, the Turkish foreign minister, Secretary of State Hillary Clinton explicitly declared that Washington’s policy toward Syria is now in what she called the “operational” phase. “We have been closely coordinating over the course of this conflict, but now we need to get into the real details of such operational planning,” she said adding: “Our intelligence services, our military have very important responsibilities and roles to play, so we are going to be setting up a working group to do exactly that.”

Make no mistake: this is regime change by force. It’s not exactly like Iraq, and it’s not exactly like Libya (yet)-but it’s regime change by force anyway.

Ari Berman: Romney-Ryan Economic Plans Would Increase Unemployment, Deepen Recession

Much has been written in recent days about Paul Ryan’s plans to privatize Medicare, dismantle Social Security, massively cut taxes for the wealthy and drastically redistribute income from the bottom to the top.

Yet perhaps the most disturbing feature of Ryan’s budget is that, in the midst of a prolonged recession, it would cost the US economy millions of jobs. Ryan’s 2011 budget plan proposes what the Center for Budget and Policy Priorities calls “the most severe and wrenching budget cuts in US history-two-thirds of which would come from programs for people of low or moderate incomes” (Medicaid, Pell grants, food stamps and low-income housing). According to the Economic Policy Institute, “the shock to aggregate demand from near-term spending cuts would result in roughly 1.3 million jobs lost in 2013 and 2.8 million jobs lost in 2014, or 4.1 million jobs through 2014.”

Robert Kuttner: Food and the Fed

The record drought and crop failures will create shortages, especially of corn, and will increase the prices of many foods that either contain the stuff or use it to feed livestock. That, in turn, will cause an uptick in the rate of inflation. And higher prices will give the inflation hawks in the Federal Reserve more ammunition in their insane campaign for higher interest rates.

At the most recent meeting of its policy-setting Open Market Committee, Aug. 7, the Fed declined to lower interest rates further, under pressure from inflation hawks. The vote to keep rates at their present level was only 7-3, with the dissenters favoring tighter money. [..]

It’s also clear that the insane weather is a clarion call to get far more serious about global climate change. Readers of my stuff will note that, like columnist Gail Collins on the subject of Mitt Romney’s dog-on-the-roof, I never pass up an opportunity to point out that World War II cured the Great Depression; and that today we need massive social investment to cure slumping demand.

Is War Now Entertainment?

NBC debuted its latest version of reality programming with “Stars Earn Stripes,” hosted by retired Gen. Wesley Clark. The series premise is real celebrities competing in various challenges for charity based off actual training exercises used by the U.S. military, accompanied by members of the United States Armed Forces and others. The money will go to charities that honor the troops but, as Glenn Greenwald wonders, will actual troop feel about their combat experiences and lives being exploited for fun and profit by NBC since the money NBC will from commercials will not go to charity. But, hey, it’s for The Troops. Are you against the troops?

The ways in which this is all so sleazy, repulsive and propagandistic are too self-evident to require much discussion. There is, though, a real value: here we have a major television network finally being relatively candid about the fact that they view war and militarism, first and foremost, as a source of entertainment and profit. Recall the incredible April, 2003, speech given by then-MSNBC-star-war-correspondent Ashleigh Banfield regarding how NBC and MSNBC, then owned by military supplier GE, benefited from propaganstic war coverage in Iraq, a speech that (as she clearly anticipated when she delivered it) caused her subsequent demotion and then disappearance from MSNBC and cable news [..]

I suppose you watch enough television to know that the big TV show is over and that the war is now over essentially – the major combat operations are over anyway, according to the Pentagon and defense officials – but there is so much that is left behind. . . .

That said, what didn’t you see? You didn’t see where those bullets landed. You didn’t see what happened when the mortar landed. A puff of smoke is not what a mortar looks like when it explodes, believe me. There are horrors that were completely left out of this war. So was this journalism or was this coverage?

There is a grand difference between journalism and coverage, and getting access does not mean you’re getting the story, it just means you’re getting one more arm or leg of the story. And that’s what we got, and it was a glorious, wonderful picture that had a lot of people watching and a lot of advertisers excited about cable news.

But it wasn’t journalism, because I’m not so sure that we in America are hesitant to do this again, to fight another war, because it looked like a glorious and courageous and so successful terrific endeavor, and we got rid of a horrible leader: We got rid of a dictator, we got rid of a monster, but we didn’t see what it took to do that. [..]

It’s actually necessary that America have a network reality show that pairs big, muscular soldiers with adoring D-list celebrities – hosted by a former Army General along with someone who used to be on Dancing with the Stars – as they play sanitized war games for the amusement of viewers, all in between commercials from the nation’s largest corporations. That’s way too perfect of a symbol of American culture and politics for us not to have.

Nine Nobel Laureates have called for NBC to end the show:

Nine Nobel Peace laureates, including retired South African Archbishop Desmond Tutu, on Monday called on television network NBC to cancel its “Stars Earn Stripes” reality show, calling it a bid to “sanitize war by likening it to an athletic competition.” [..]

“It is our belief that this program pays homage to no one anywhere and continues and expands on an inglorious tradition of glorifying war and armed violence.

“Real war is down in the dirt deadly. People – military and civilians – die in ways that are anything but entertaining,” the letter said.

The Nobel-winning signatories called on NBC to “stop airing this program.” [..]

A number of anti-war groups have sponsored a petition to get NBC to protest NBC’s glorification of war without the blood and dying:

NBC has created an entertainment show that breaks new ground. “Stars Earn Stripes” is co-hosted by retired U.S. general Wesley Clark.  NBC promoted the show during its Summer Olympics telecast as the next big sporting event.  But the sport it’s exhibiting is war.

On “Stars Earn Stripes,” celebrities pair-up with members of the U.S. military to compete at war-like tasks, including “long-range weapons fire.” Only there isn’t any of the killing or dying.

Our wars kill huge numbers of people, primarily civilians, and often children and the elderly.  NBC is not showing this reality on its war-o-tainment show any more than on its news programs.  Other nations’ media show the face of war, giving people a very different view of war-making.

In the United States, our tax dollars are spent by the billions each year marketing the idea that war is a sport and associating the military with sporting events.  Media companies like NBC are complicit in the propaganda.

While 57% of federal discretionary spending goes to the military, weapons makers can’t seem to get enough of our tax dollars.  In the spirit of transferring veterans’ care to the realm of private charity, “Stars Earn Stripes” will give prize money each week to “military-based charities” in order to “send a message.”  We have our own message that we will be delivering to NBC: Dont lie to us.

One of NBC’s corporate parents, General Electric, takes war very seriously, but not as human tragedy — rather, as financial profit.  (GE is a big weapons manufacturer.) A retired general hosting a war-o-tainment show is another step in the normalization of permanent war.

You can sign the petition here

On This Day In History August 14

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.

August 14 is the 226th day of the year (227th in leap years) in the Gregorian calendar. There are 139 days remaining until the end of the year.

On this day in 1935, President Franklin D. Roosevelt signed the Social Security Act into law.

On this day in 1935, President Franklin D. Roosevelt signs into law the Social Security Act. Press photographers snapped pictures as FDR, flanked by ranking members of Congress, signed into law the historic act, which guaranteed an income for the unemployed and retirees. FDR commended Congress for what he considered to be a “patriotic” act.

U.S. Social Security is a social insurance program that is funded through dedicated payroll taxes called Federal Insurance Contributions Act (FICA). Tax deposits are formally entrusted to the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, or the Federal Supplementary Medical Insurance Trust Fund.

The main part of the program is sometimes abbreviated OASDI (Old Age, Survivors, and Disability Insurance) or RSDI (Retirement, Survivors, and Disability Insurance). When initially signed into law by President Franklin D. Roosevelt in 1935 as part of his New Deal, the term Social Security covered unemployment insurance as well. The term, in everyday speech, is used to refer only to the benefits for retirement, disability, survivorship, and death, which are the four main benefits provided by traditional private-sector pension plans. In 2004 the U.S. Social Security system paid out almost $500 billion in benefits.

By dollars paid, the U.S. Social Security program is the largest government program in the world and the single greatest expenditure in the federal budget, with 20.8% for social security, compared to 20.5% for discretionary defense and 20.1% for Medicare/Medicaid. Social Security is currently the largest social insurance program in the U.S., constituting 37% of government expenditure and 7% of the gross domestic product and is currently estimated to keep roughly 40% of all Americans age 65 or older out of poverty. The Social Security Administration is headquartered in Woodlawn, Maryland, just to the west of Baltimore.

Social Security privatization became a major political issue for more than three decades during the presidencies of Gerald Ford, Jimmy Carter, Ronald Reagan, George H. W. Bush, Bill Clinton, and George W. Bush.

No Good Choices For Social Safety Nets

Since Saturday’s announcement of the right wing darling Rep. Paul Ryan (R-WI) as Gov. Mitt Romney’s choice for his Vice President, the number one concern has been Ryan’s budget that would end Medicare as we know it, end federal funding of Medicaid and privatize Social Security. Those proposals are unacceptable for the majority of voters. But voting to reelect Barack Obama won’t protect those programs either. Pres. Obama and the Democrats have agreed to cuts and changes to those programs that are equally unacceptable. Mr. Obama has even lamented that he has not been given “enough credit for their willingness to accept cuts in Medicare and Social Security.” Even more worrisome is the person whose name has been bandied about as Treasury Secretary Timothy Geithner’s replacement, none other than the co-chair of the infamous Cat Food Commission, Erskine Bowles. Ezra Klein, Beltway insider and Washington Post political analyst, is betting on Mr. Bowles appointment if Pres. Obama is reelected:

For the Obama administration, Bowles has a number of qualifications. For one thing, Republicans adore him. Ryan has called him “my favorite Democrat.” Appointing Bowles to be Treasury Secretary would ensure a smooth confirmation, and it would be interpreted as a sign of goodwill and “seriousness” both by Republicans and by the media. Coming after a bitterly partisan election and at the outset of a hugely consequential series of negotiations, that could have real appeal to the White House.

One reservation you often hear when playing the “who will be the next Treasury Secretary” guessing game is, “but they have no market experience.” For better or worse, it’s considered crucial that the Treasury Secretary understand, and be capable of working with, markets. Bowles was an investment banker before he entered politics, and he currently serves on the board of directors for both Morgan Stanley and GE. He’s also personally beloved by Wall Street, where “Simpson-Bowles” has deep and fervent supporters, including many who have no real idea what’s in it. Appointing Bowles would be a signal to them that Washington is getting serious. [..]

There are downsides to Bowles, too. He’ll want the White House to go further than they’ve been willing to go on long-term health costs. But they’re prepared to do that once taxes are on the table. He’s also quite disliked by the left, which frequently refers to the Simpson-Bowles Commission as “the Catfood Commission.” That’s a drawback, but the Obama administration has always prized holding the center over placating the left. Indeed, Obama, who ran in 2008 as a post-partisan uniter and is unexpectedly and unhappily having to run a much more traditional and partisan campaign in 2012, might see that as a benefit. If he can press the reset button after this election, he’s going to do it.

Just what this country needs, another corporatist Wall St. buddy and former bank executive heading Treasury who, as Dean Baker points out, Mr. Bowles has been working to cut Social Security for 15 years:

While Simpson has seized the spotlight, it may prove to be the case that Erskine Bowles, his co-chairman, poses the greater threat to Social Security. The reason is simple: Bowles is the living embodiment of the rewards available to politicians who would support substantial cutbacks or privatization of the program. [..]

Bowles is an unsuccessful politician, having twice lost in runs for the Senate in North Carolina.

Yet, he is very successful financially. He pockets $335,000 a year as a director of Morgan Stanley, one of the huge Wall Street banks that was rescued by taxpayer dollars in the fall of 2008. He likely pockets a similar sum from sitting as a director of GM, another company rescued by the government.

This means that Bowles pockets close to $700,000 annually (@600 monthly Social Security checks) from attending eight to twelve meetings a year. This must look like a pretty attractive deal to current members of Congress. In other words, the message Bowles is sending members of Congress is that if you betray your constituents and vote to undermine Social Security, you will be amply rewarded even if the voters give you the boot.

Bowles has also lied to about Social Security’s solvency:

What we’ve done is make Social Security solvent for the next 75 years. As you all know, Social Security runs out of money in 2037. We’re not making it up. That’s the law.

Think Progress‘s Zaid Zilani debunked that lie:

Social Security is currently projected to be fully solvent until the year 2037. After that, it is expected to be able to pay out 75 percent of benefits until 2084, which basically equals full benefits, once inflation is accounted for. There is no threat of the program running out of money any time soon – certainly not in 2037. That does not mean that there aren’t positive and progressive changes that could possibly be made to the system.

As for Medicare and Medicaid, Dayen debunks the myth about the cost effectiveness of those programs:

The New England Journal of Medicine reports that Medicare and Medicaid spending has decelerated in recent years, and not just because of the Great Recession. The public programs have seen their cost growth slow significantly compared to private health insurance. And this is expected to continue for the coming decade.

This is so important because, as Paul van de Water of the Center on Budget and Policy Priorities explains, the public debate has focused on transforming Medicare and Medicaid in the coming years, constraining cost in the very programs that are the most cost-efficient. If anything, the opposite should be true, and more and more of the system should be converted into public programs to increase the risk pool, allow for greater bargaining leverage on prices, and provide stability. [..]

The Obama campaign would have voters believe that Mitt Romney and Paul Ryan would destroy the Social Safety net but the idea of Erskine Bowles as Treasury Secretary would be just as bad for out social safety net. Mr. Bowles and his “Catfood Commission” are “grand bargains” we don’t need.

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

Joseph E. Stiglitz and Mark Zandi: The One Housing Solution Left: Mass Mortgage Refinancing

MORE than four million Americans have lost their homes since the housing bubble began bursting six years ago. An additional 3.5 million homeowners are in the foreclosure process or are so delinquent on payments that they will be soon. With 13.5 million homeowners underwater – they owe more than their home is now worth – the odds are high that many millions more will lose their homes. [..]

Late last month, the top regulator overseeing Fannie Mae and Freddie Mac blocked a plan backed by the Obama administration to let the companies forgive some of the mortgage debt owed by stressed homeowners. While half a million homeowners could be helped with a principal writedown, the regulator, Edward J. DeMarco, argued (we believe incorrectly) that helping some homeowners might cause others who are paying on their loans to stop so that they also could get their mortgages reduced.

With principal writedown no longer an option, the government needs to find a new way to facilitate mass mortgage refinancings. With rates at record lows, refinancing would allow homeowners to significantly reduce their monthly payments, freeing up money to spend on other things. A mass refinancing program would work like a potent tax cut.

Robert Reich: The Ryan Choice

Paul Ryan is the reverse of Sarah Palin. She was all right-wing flash without much substance. He’s all right-wing substance without much flash.

Ryan is not a firebrand. He’s not smarmy. He doesn’t ooze contempt for opponents or ridicule those who disagree with him. In style and tone, he doesn’t even sound like an ideologue — until you listen to what he has to say.

It’s here — in Ryan’s views and policy judgments — we find the true ideologue. More than any other politician today, Paul Ryan exemplifies the social Darwinism at the core of today’s Republican Party: Reward the rich, penalize the poor, let everyone else fend for themselves. Dog eat dog.

Richard (RJ) Eskow: “President Ryan” – Another Shrewd Move in the Corporate State’s Long Game

Paul Ryan’s looks are often compared to an actor’s, and that’s no accident: He’s being groomed for the role of a lifetime. When Mitt Romney accidentally introduced Ryan as “the next President” he may have been displaying the same predilection for accidental honesty – for truth-telling as political gaffe – that he showed when he praised Israel’s socialized health system.

And Romney may be right. The most likeable and electable extremist in the country just became the GOP’s 2016 front-runner. That’s no accident either.

All the signs suggest that the economy will struggle for years unless progressive steps are taken. Worse, another steep decline into recession or depression could occur at any time. If Obama’s re-elected and we’re still suffering in 2016, as now seems likely, our “electable extremist” will be in the perfect position to become the next President.

Heads we win, says Corporate America, and tails you lose.

Raymond J. Learsy: France’s 75% Millionaires Tax and America’s Insidiously Crafted Two Tiered Law Enforcement

France’s newly elected Socialist President Francois Hollande has vowed to impose a 75% tax on anyone’s income above a million Euros equivalent to $1.24 million. Clearly there is growing concern among the upper echelons of the France’s business class as Hollande presses forward his ‘manifesto of patriotism’ to ‘pay extra tax to get the country back on its feet again’ (“Indigestion for ‘les Riches,” New York Times, August 8, 2012).

The political rationalization for Hollande’s initiative is to provide political cover for the deep cuts that the government may need to make to France’s extensive social and welfare programs.

Yet the motivating force can be ascribed to a far more destructive impulse imbued with the class animosity dating back to the Revolution. Significantly, Hollande has been quoted, “I don’t like the rich.” Voila!

Matthew Rothschild: Victory for Anti-Nuclear Power Movement in the US

Wendell K. Potter: “Path to Prosperity?” For Many Senior Citizens, VP Pick Ryan’s Plan Would Be Path to the Poorhouse

Score two for the movement against nuclear power in this country.

In June, the federal appeals court for the District of Columbia ruled that the Nuclear Regulatory Commission was in violation of the law for failing to adequately assess the environmental hazards involved in the storage of nuclear waste, a point that anti-nuke activists have been making for years and years.

In response to that court ruling, the NRC this week issued a statement that it was stopping the issuing of permits for new nuclear power construction, as well as for life extensions on old existing plants, until it satisfies the court’s concerns.

If Americans who are embracing Rep. Paul Ryan’s “Path to Prosperity” — and that now includes Mitt Romney — spent a few minutes reviewing a few recent research reports, they just might conclude that the Wisconsin Republican’s plan to reduce the deficit might better be renamed the “Path to the Poorhouse” because of what it would mean to the Medicare program and many senior citizens.

Ryan’s proposal, which will get new scrutiny now that Romney has made him his running mate, would end the current Medicare program for everyone born after 1956. It would replace Medicare with a system in which beneficiaries would receive a set amount of money from the government every year to buy coverage from private insurers. That money would go straight into insurance companies’ bank accounts, which would make them far richer and even more in control of our health care system than they already are.

On This Day In History August 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.

Click on image to enlarge

August 13 is the 225th day of the year (226th in leap years) in the Gregorian calendar. There are 140 days remaining until the end of the year.

On this day in 1521, the Aztec capital, Tenochtitlan falls to Cortes:

After a three-month siege, Spanish forces under Hernan Cortes capture Tenochtitlan, the capital of the Aztec empire. Cortes’ men leveled the city and captured Cuauhtemoc, the Aztec emperor.

Tenochtitlan was founded in 1325 A.D. by a wandering tribe of hunters and gatherers on islands in Lake Texcoco, near the present site of Mexico City. In only one century, this civilization grew into the Aztec empire, largely because of its advanced system of agriculture. The empire came to dominate central Mexico and by the ascendance of Montezuma II in 1502 had reached its greatest extent, extending as far south as perhaps modern-day Nicaragua. At the time, the empire was held together primarily by Aztec military strength, and Montezuma II set about establishing a bureaucracy, creating provinces that would pay tribute to the imperial capital of Tenochtitlan. The conquered peoples resented the Aztec demands for tribute and victims for the religious sacrifices, but the Aztec military kept rebellion at bay.

After the conquest

Cortes subsequently directed the systematic destruction and leveling of the city and its rebuilding, despite opposition, with a central area designated for Spanish use (the traza). The outer Indian section, now dubbed San Juan Tenochtitlan, continued to be governed by the previous indigenous elite and was divided into the same subdivisions as before.

Ruins

Some of the remaining ruins of Tenochtitlan’s main temple, the Templo Mayor, were uncovered during the construction of a metro line in the 1970s. A small portion has been excavated and is now open to visitors. Mexico City’s Zócalo, the Plaza de la Constitución, is located at the location of Tenochtitlan’s original central plaza and market, and many of the original calzadas still correspond to modern streets in the city. The Aztec sun stone was located in the ruins. This stone is 4 meters in diameter and weighs over 20 tonnes. It was once located half way up the great pyramid. This sculpture was made around 1470 CE under the rule of King Axayacatl, the predecessor of Tizoc, and is said to tell the Aztec history and prophecy for the future.

Rant of the Week: Brent Wilkins, David Dayen and Cenk Uygur

Texas executes mentally retarded man

by Brett Wilkins

Ignoring its own ruling that prohibits the execution of mentally retarded individuals, the United States Supreme Court on Tuesday rejected the appeal of a Texas man with an IQ of 61 convicted of murdering a police drug informant.

Following the high court’s denial, 54-year-old Marvin Wilson was executed by lethal injection at the state prison in Huntsville, Texas. [..]

Wilson’s attorneys based their appeal on the fact that his IQ was determined to be 61, well below 70, the threshold for mental retardation. Wilson’s IQ places him in the very bottom 1% of individuals for intellectual capacity. His reading and writing level was determined to be that of a 7-year-old child’s, and he could not hold down a job or even properly dress himself.

In Atkins v. Virginia (2002), the US Supreme Court ruled that executing such individuals was a violation of the Constitution’s Eighth Amendment prohibition of cruel and unusual punishment.

But Texas simply redefined retardation, based in part on the fictional character Lennie Small from John Steinbeck’s novel “Of Mice and Men.”

In establishing what are known as the Briseno factors, which Texas uses to determine whether an individual is retarded or not, the state implicitly asserts that anyone less mentally impaired than Steinbeck’s Lennie is fit for execution.

Steinbeck’s son Thomas slammed the Texas Court of Criminal Appeals for using Lennie as a benchmark to determine who should be executed.

Scalia Denies Stay, Allows Execution of Mentally Retarded Man in Texas

by David Dayen

The Supreme Court justices have jurisdiction over various regions of the country when it comes to injunctions, particularly when it comes to stays of execution. In the case of Marvin Wilson, the mentally retarded man with an IQ of 61 and an intelligence level of a 6 year-old, set to die today in Texas in conjunction with a murder conviction, that appeal had to go through none other than Justice Antonin Scalia. Justice Scalia wrote a dissent (pdf) in the case of Atkins v. Virginia, which established the ban on executing the mentally retarded (Texas, like other states, got to set their own standards for what constitutes “retarded,” and as such plowed ahead with the execution of Wilson today). Scalia wrote that, because “Only the severely or profoundly mentally retarded, commonly known as idiots, enjoyed any special status under the law” in 1791, around the time of the establishment of the Eighth Amendment, he disagreed with the ruling. And so it should come as no surprise that he submitted this short response to the stay of Marvin Wilson today.

The application for stay of execution of sentence of death presented to Justice Scalia and by him referred to the Court is denied. The petition for a writ of certiorari is denied.

This condemns a man with a 61 IQ to death. Scalia wrote in his Atkins dissent, “Seldom has an opinion of this Court rested so obviously upon nothing but the personal views of its members.” That’s my sentiment exactly. Scalia has a ruling which clearly states that executing the mentally retarded violates the Eighth Amendment. But Scalia doesn’t agree, so he decided to allow Texas to violate the ruling.

Why Do Some Americans Have Such Tremendous BLOOD LUST?

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

David Cay Johnston: The victims of low-interest locusts

Another financial crisis looms for U.S. taxpayers, a disaster likely to create even worse human misery than the mortgage fiasco that some of us warned about years before the Wall Street meltdown in 2008.

The crisis next time: collapsing investment incomes for older Americans as artificially reduced interest rates force them to use up their savings and drive more pension plans into failure.

Eviscerating the interest income of savers is the undeniable result of a long-running Federal Reserve policy to reduce interest rates, especially since December 2008. The Fed reiterated on Aug. 1 that it plans to keep interest rates low through late 2014. It says this helps to promote stronger economic growth and bring down the jobless rate.

As in the mortgage crisis, you can see this disaster building by examining the official data.

Richard (RJ) Eskow: Attorney General to U.S.: Nothing to See On Wall Street, Folks, Just Move Along

Yesterday the Justice Department announced that once again it’s not going to pursue evidence of Wall Street crimes which has been sent its way. It has already failed to act on information sent to it by sources whose investigators are apparently more dogged than its own, including several other government agencies and the Financial Crisis Inquiry Commission. Now the bipartisan committee which was led by Senators Carl Levin and Tom Coburn can be added to the list of sources whose leads weren’t pursued by Attorney General Eric Holder and his staff.

Holder was on the defensive yesterday, a sign that the mounting criticism of his inaction is getting his attention. He was also scornful of that criticism, saying that it’s belied by “a troublesome little thing called facts.”

There’s something troublesome here, all right, but it isn’t the facts.

John Nichols: Paul Ryan Covers Romney’s Right Flank

Mitt Romney will announce his running-mate Saturday morning on the USS Wisconsin.

Wisconsin, it will be noted, is the home state of Congressman Paul Ryan.

And the campaign bling factories are gearing up to print “Romney-Ryan” pins.

That’s a significant shift.

Until just a few days ago, Ryan was considered an unlikely prospect for the No. 2 spot on the Republican ticket: too rigid in his budgetary obsessions, too whacky in his enthusiasm for Ayn Rand’s novels and Austrian economics, too enthusiastic about taking apart Social Security, Medicare and Medicaid.

But Romney has always liked Ryan.

And so has the Republican right.

Eugene Robinson; Heating up debate on climate change

Excuse me, folks, but the weather is trying to tell us something. Listen carefully, and you can almost hear a parched, raspy voice whispering: “What part of ‘hottest month ever’ do you people not understand?”

According to the National Oceanic and Atmospheric Administration, July was indeed the hottest month in the contiguous United States since record-keeping began more than a century ago. That distinction was previously held by July 1936, which came at the height of the Dust Bowl calamity that devastated the American heartland. [..]

We can’t do anything about the greenhouse gases we’ve already spewed into the atmosphere, but we can minimize the damage we do in the future. We can launch a serious initiative to develop and deploy alternative sources of energy. We can decide what kind of environment we leave to our grandchildren.

I’d like to hear President Obama and Mitt Romney talk about the future of the planet. What about you?

Dan Moran: NRA prevents funding for studies on gun violence

There was nothing unusual about the University of Colorado’s grant to its once-promising student, James E. Holmes.

If Holmes weren’t accused of killing a dozen people and wounding 58, we’d never know that he received $21,600 for living costs while he pursued his doctorate in neuroscience. Nor was there anything odd about how the university paid for the stipend. The money came from an annual grant awarded by the National Institutes of Health.

But if the National Institutes of Health had granted money to a researcher delving into the reasons for mass shootings, there might have been trouble. In an Orwellian use of power politics, the gun lobby led by the National Rifle Association has in many instances muzzled federal agencies’ ability to fund basic research into gun violence.

Robert Reich: Back From Three Weeks Vacation With a Bold Proposal

When I left the U.S. economy was in a stall, Greece was on the brink of defaulting, the euro-zone couldn’t get its act together, the Fed couldn’t decide on another round of quantitative easing, congressional Democrats and Republicans were in gridlock, much of the nation was broiling, and neither Obama nor Romney had put forward a bold proposal for boosting the economy, slowing climate change, or much of anything else.

What a difference three weeks makes.

Here’s a bold proposal I offer free of charge to Obama or Romney: Every American should get a mandatory minimum of three weeks paid vacation a year.

Most Americans only get two weeks off right now. But many don’t even take the full two weeks out of fear of losing their jobs. One in four gets no paid vacation at all, not even holidays. Overall, Americans have less vacation time than workers in any other advanced economy.

This is absurd. A mandatory three weeks off would be good for everyone — including employers.

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On This Day In History August 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.

Click on image to enlarge

August 12 is the 224th day of the year (225th in leap years) in the Gregorian calendar. There are 141 days remaining until the end of the year.

It is the peak of the Perseid meteor shower. It is also known as the “Glorious Twelfth” in the UK, as it marks the traditional start of the grouse shooting season.

On this day in 1990, fossil hunter Susan Hendrickson discovers three huge bones jutting out of a cliff near Faith, South Dakota. They turn out to be part of the largest-ever Tyrannosaurus rex skeleton ever discovered, a 65 million-year-old specimen dubbed Sue, after its discoverer.

Amazingly, Sue’s skeleton was over 90 percent complete, and the bones were extremely well-preserved. Hendrickson’s employer, the Black Hills Institute of Geological Research, paid $5,000 to the land owner, Maurice Williams, for the right to excavate the dinosaur skeleton, which was cleaned and transported to the company headquarters in Hill City. The institute’s president, Peter Larson, announced plans to build a non-profit museum to display Sue along with other fossils of the Cretaceous period.

Preparation and display

The Field Museum hired a specialized moving company, with experience in transporting delicate items, to move the bones to Chicago. The truck arrived at the museum in October 1997. Two new research laboratories funded by McDonalds were created and staffed by Field Museum preparators whose job was to slowly and carefully remove all the rock, or “matrix” from the bones. One preparation lab was at Field Museum itself, the other was at the newly opened Animal Kingdom in Disney World in Orlando. Millions of visitors observed the preparation of Sue’s bones through glass windows in both labs. Footage of the work was also put on the museum’s website. Several of the fossil’s bones had never been discovered, so preparators produced models of the missing bones from plastic to complete the exhibit. The modeled bones were colored in a reddish hue so that visitors could observe which bones were real and which bones were plastic. The preparators also poured molds of each bone. All the molds were sent to a company outside Toronto to be cast in hollow plastic. Field Museum kept one set of disarticulated casts in its research collection. The other sets were incorporated into mounted cast skeletons. One set of the casts was sent to Disney’s Animal Kingdom in Florida to be presented for public display. Two other mounted casts were placed into a traveling tour that was sponsored by the McDonald’s Corporation.

Once the preparators finished removing the matrix from each bone, it was sent to the museum’s photographer who made high-quality photographs. From there, the museum’s paleontologists began the study of the skeleton. In addition to photographing and studying each bone, the research staff also arranged for CT scanning of select bones. The skull was too large to fit into a medical CT scanner, so Boeing’s Rocketdyne laboratory in California agreed to let the museum use their CT scanner that was normally used to inspect space shuttle parts.

Bone damage

Close examination of the bones revealed that Sue was 28 years old when she died, making her the oldest T. rex known. During her life this carnivore received several injuries and suffered from numerous pathologies. An injury to the right shoulder region of Sue resulted in a damaged shoulder blade, a torn tendon in the right arm, and three broken ribs. This damage subsequently healed (though one rib healed into two separate pieces), indicating Sue survived the incident. The left fibula is twice the diameter of the right one, likely a result of infection. Original reports of this bone being broken were contradicted by the CT scans which showed no fracture. Multiple holes in the front of the skull were originally thought to be bite marks by some, but subsequent study found these to be areas of infection instead, possibly from an infestation of an ancestral form of Trichomonas gallinae, a protozoan parasite that infests birds. Damage to the back end of the skull was interpreted early on as a fatal bite wound. Subsequent study by Field Museum paleontologists found no bite marks. The distortion and breakage seen in some of the bones in the back of the skull was likely caused by post-mortem trampling. Some of the tail vertebra are fused in a pattern typical of arthritis due to injury. The animal is also believed to have suffered from gout. In addition, there is extra bone in some of the tail vertebrae likely caused by the stresses brought on by Sue’s great size. Sue did not die as a result of any of these injuries; her cause of death is not known.

Display

After the bones were prepared, photographed and studied, they were sent to New Jersey where work began on making the mount. This work consists of bending steel to support each bone safely and to display the entire skeleton articulated as it was in life. The real skull was not incorporated into the mount as subsequent study would be difficult with the head 13 feet off the ground. Parts of the skull had been crushed and broken, and thus appeared distorted. The museum made a cast of the skull, and altered this cast to remove the distortions, thus approximating what the original undistorted skull may have looked like. The cast skull was also lighter, allowing it to be displayed on the mount without the use of a steel upright under the head. The original skull is exhibited in a case that can be opened to allow researchers access for study. When the whole skeleton was assembled, it was forty feet (twelve meters) long from nose to tail, and twelve feet (four meters) tall at the hips.

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: Up with Chris Hayes is preempted for NBC’s coverage of the 2012 Summer Olympics. Chris will return next week.

This Week with George Stephanopolis: This Week’s gusts are  Obama campaign senior adviser David Axelrod and former Minnesota Governor Tim Pawlenty.

The roundtable debates Romney’s vice presidential pick and all the week’s politics, with ABC News’ Cokie Roberts, former Vermont Governor and founder of Democracy for America Howard Dean, Wall Street Journal Editorial Page Editor Paul Gigot, California Lieutenant Governor Gavin Newsom, host of Current TV’s “The Gavin Newsom Show,” and Wall Street Journal columnist Peggy Noonan.

Face the Nation with Bob Schieffer: Mr. Schieffer’s guests are Senior Advisor to the Romney Campaign Eric Fehrnstrom and Obama Deputy Campaign Manager Stephanie Cutter; and Newt Gingrich.

Roundtable analysis from The Washington Post‘s Ruth Marcus, The Week‘s Bob Shrum, The Daily Beast‘s David Frum, The Washington Post‘s Michael Gerson and POLITICO‘s Roger Simon.

The Chris Matthews Show: The Chris Matthews Show is preempted for NBC’s coverage of the 2012 Summer Olympics.

Meet the Press with David Gregory: A special edition of  MTP’s with guests: RNC Chairman and fellow Wisconsinite, Reince Priebus and Governor of Ryan’s home state of Wisconsin, Scott Walker. The discussion continues on the roundtable with MSNBC’s Rachel Maddow; NBC’s Chief White House Correspondent and Political Director Chuck Todd; Editor of the National Review, Rich Lowry; the Washington Post‘s Dan Balz, and author and radio talk show host Bill Bennett, for whom Ryan was a speechwriter while Bennett was Secretary of Education.

State of the Union with Candy Crowley: Ms. Crowley’s guests are Senator John Thune (R-SD);  Senior Advisers to both campaigns – David Axelrod and Ed Gillespie.

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