Tag: 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”.

The Sunday Talking Heads:

This Week with Christiane Amanpour: Since the goal post for starting troop withdrawal has been moved to 2014, Ms. Amanpour’s interview with he Chairman of the Joint Chiefs of Staff, Adm. Mike Mullen should be interesting.

The cholera outbreak kills hundreds in Haiti and puts thousands of people at risk. With 1.5 million Haitians still living in tents, “This Week” has a report from the cholera hot zone on the frantic medical effort to contain the outbreak.

The roundtable with George Will, Democratic strategist Donna Brazile, Ed Luce of the Financial Times and former Labor Secretary and author of “Aftershock,” Robert Reich will discuss General Motors’ historic IPO returning billions of taxpayer dollars to the treasury.

Face the Nation with Bob Schieffer: Mr. Scheiffer’s guest will be Rep. Steny Hoyer (D-MD), House Majority Leader and U.S. Secretary of State Hillary Clinton

The Chris Matthews Show: Sitting in for Mr. Matthew’s, who is on vacation, will be Nora O’Donnell. This week’s guests Katty Kay, BBC Washington Correspondent, Dan Rather, HDNet Global Correspondent, Rick Stengel, TIME Managing Editor and Kelly O’Donnell, NBC News Capitol Hill Correspondent who will discuss these questions:

Will Republicans Restrict Any Compromise with President Obama?

Americans on Marriage: Who Needs It?

Meet the Press with David Gregory: Mr. Gregory will host Secretary of State Hillary Clinton and an exclusive interview with Louisiana Governor, Bobby Jindal.

The Roundtable will discuss the post election landscape with  Robert Draper, who takes us “Inside Sarah Palin’s Inner Circle” in this Sunday’s New York Times Magazine, The Wall Street Journal’s Paul Gigot, Tea Party-backed Rep.-elect Allen West (R-FL) and Richard Wolffe, author of the new book “Revival: The Struggle for Survival Inside the Obama White House.”

State of the Union with Candy Crowley: Moving forward in Afghanistan. How to wrap our heads around a 2014 security hand-off in 2010–the deadliest year for U.S. troops since the war began. Adm. Mike Mullen, the chairman of the Joint Chiefs of Staff, joins us to look ahead.

Then, Thanksgiving flyers might not be so thankful for their holiday pat-down from one of their local airport’s TSA agents. Are these new measures too invasive? Or are they a necessary new reality to flying in the 21st century? What’s the right balance between security and privacy?

John Pistole, the administrator of the Transportation Security Administration, joins us to defend the system; and Florida Rep. John Mica, the ranking member on the House Committee on Transportation and Infrastructure, will join us to explain his plan to reform the agency.

Fareed Zakaris: GPS: The deficit. Fareed says it’s the most important issue facing Americans today. But will American politicians listen to the recommendations of the U.S. Fiscal Reform Commission? Maybe. Fareed’s Take on how to fix the deficit.

Then, a fascinating and exclusive look at the inner workings of the Iranian Regime. Fareed sits down with a member of one of Iran’s most powerful political families — often referred to as the “Kennedys of Iran.” The Iranian government’s human rights commissioner, Mohammed Javad Larijani Discusses not only Iran’s human right’s record, but also his nation’s nuclear ambitions and whether Tehran is ready to sit down at the table and negotiate with the U.S.

And you might be asking “What in the World?” has the U.S. government done right lately? How about bringing the largest U.S. automaker back from the brink of death to the largest IPO in American history?

Next up, 2014 is the new date for combat troops to be out of Afghanistan. Is that possible? How DOES the coalition get out of Afghanistan? And what will Afghanistan look like after they leave? We’ve gathered a panel of experts from all sides of the debate.

And finally, a last look at a real clown elected to congress.

“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”.

Charles M. Blow: Let’s Rescue the Race Debate

“There is another class of colored people who make a business of keeping the troubles, the wrongs, and the hardships of the Negro race before the public. … Some of these people do not want the Negro to lose his grievances, because they do not want to lose their jobs … There is a certain class of race-problem solvers who don’t want the patient to get well.”

This 100-year-old, cobbled-together quote from the “the Great Accommodator” Booker T. Washington has gotten quite a bit of circulation in the right-wing blogosphere since the Tea Party came under attack over racial issues.

The quote helps support a broader sentiment that the current racial discontent is being fueled by a black liberal grievance industry that refuses to acknowledge racial progress, accept personal responsibility, or acknowledge its own racial transgressions. And that the charge of racism has become a bludgeon against anyone white and not in love with President Obama, thereby making those whites the most aggrieved – victims of the elusive reverse-racism Bigfoot. It’s perfect really: the historic words of a revered black figure being used to punch a hole in a present-day black mythology and to turn the world of racism upside down.

Michael Moore: How Corporate America Is Pushing Us All Off a Cliff

When someone talks about pushing you off a cliff, it’s just human nature to be curious about them. Who are these people, you wonder, and why would they want to do such a thing?

That’s what I was thinking when corporate whistleblower Wendell Potter revealed that, when “Sicko” was being released in 2007, the health insurance industry’s PR firm, APCO Worldwide, discussed their Plan B: “Pushing Michael Moore off a cliff.”

But after looking into it, it turns out it’s nothing personal! APCO wants to push everyone off a cliff.

APCO was hatched in 1984 as a subsidiary of the Washington, D.C. law firm Arnold & Porter — best known for its years of representing the giant tobacco conglomerate Philip Morris. APCO set up fake “grassroots” organizations around the country to do the bidding of Big Tobacco. All of a sudden, “normal, everyday, in-no-way-employed-by-Philip Morris Americans” were popping up everywhere. And it turned out they were outraged — outraged! — by exactly the things APCO’s clients hated (such as, the government telling tobacco companies what to do). In particular, they were “furious” that regular people had the right to sue big corporations…you know, like Philip Morris. (For details, see the 2000 report “The CALA Files” (PDF) by my friends and colleagues Carl Deal and Joanne Doroshow.)

Bob Herbert: Hiding From Reality

However you want to define the American dream, there is not much of it that’s left anymore.

Wherever you choose to look – at the economy and jobs, the public schools, the budget deficits, the nonstop warfare overseas – you’ll see a country in sad shape. Standards of living are declining, and American parents increasingly believe that their children will inherit a very bad deal.

We’re in denial about the extent of the rot in the system, and the effort that would be required to turn things around. It will likely take many years, perhaps a decade or more, to get employment back to a level at which one could fairly say the economy is thriving.

“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”.

Paul Krugman: Axis of Depression

What do the government of China, the government of Germany and the Republican Party have in common? They’re all trying to bully the Federal Reserve into calling off its efforts to create jobs. And the motives of all three are highly suspect. . . .

It’s no mystery why China and Germany are on the warpath against the Fed. Both nations are accustomed to running huge trade surpluses. But for some countries to run trade surpluses, others must run trade deficits – and, for years, that has meant us. The Fed’s expansionary policies, however, have the side effect of somewhat weakening the dollar, making U.S. goods more competitive, and paving the way for a smaller U.S. deficit. And the Chinese and Germans don’t want to see that happen. . . . .

But why are Republicans joining in this attack?

Mr. Bernanke and his colleagues seem stunned to find themselves in the cross hairs. They thought they were acting in the spirit of none other than Milton Friedman, who blamed the Fed for not acting more forcefully during the Great Depression – and who, in 1998, called on the Bank of Japan to “buy government bonds on the open market,” exactly what the Fed is now doing.

Republicans, however, will have none of it, raising objections that range from the odd to the incoherent.

Morris Davis: A Terrorist Gets What He Deserves

(Critics) of President Obama’s decision to prosecute Guantánamo Bay detainees in federal courts have seized on the verdict in the Ahmed Ghailani case as proof that federal trials are a disastrous failure. After the jury on Wednesday found Mr. Ghailani guilty of only one charge in the 1998 African embassy bombings, Mitch McConnell, the Republican leader in the Senate, called on the administration to “admit it was wrong and assure us just as confidently that terrorists will be tried from now on in the military commission system.” . . . .

President Obama is in a no-win situation when it comes to trying detainees – any forum he chooses will set off critics on one side of the debate or the other. I hope he pauses to reflect on what he said at the National Archives in May 2009: “Some have derided our federal courts as incapable of handling the trials of terrorists. They are wrong. Our courts and our juries, our citizens, are tough enough to convict terrorists.”

The Ghailani trial delivered justice. It did so safely and securely, while upholding the values that have defined America. Now Mr. Obama should stand up to the fear-mongers who want to take us back to the wrong side of history.

Morris Davis, a former Air Force colonel, was the chief prosecutor for the military commissions at Guantánamo Bay, Cuba, from 2005 to 2007. He is the director of the Crimes of War Project.

Eugene Robinson: Obama’s opportunity to be the decider

For what it’s worth, my advice for Obama is to forget the Republicans. Not literally, of course – the new House leadership is going to make itself hard to ignore. But ultimately, it’s the president who sets the agenda and who ultimately is held accountable for America’s successes and failures. Obama’s focus should be on using all the tools at his disposal to move the country in the direction he believes it must go.

A new report by the Center for American Progress – a think tank headed by John Podesta, former chief of staff to Bill Clinton – seeks to remind Obama that shepherding legislation through Congress is only one of the ways a president can get things done. . . .

Progressives are right when they complain that the White House must do a much better job of making the case for its policies. But the challenge goes well beyond communications. Judging by the way they snubbed Obama’s invitation to break bread together, Republicans seem eager for gridlock – and the chance to blame the president for not getting anything done.

That may be the GOP’s preferred story line, but Obama can write a narrative of his own. He’s the Decider now.

“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”.

Robert Reich: Why the Lame Duck Congress Must Extend Jobless Benefits For Hard-hit Families But Not Tax Cuts For the Rich

America’s long-term unemployed – an estimated 4 million or more – constitute the single newest and biggest social problem facing America.

Now their unemployment benefits are about to run out, and the lame-duck Congress may not have the votes to extend them. (You can forget about the next Congress.)

The long-term unemployed can’t get work because there are still five people needing work for every job opening. And the long-term jobless are often at the end of the job line: Either they don’t have the right skills or enough eduction, or have been out of work so long prospective employers are nervous about hiring them.

They’re also a big problem for the economy. Without enough money in their pockets, they and their families can’t pay their mortgages, which keeps fueling the mortgage crisis. Nor can they replace worn-out cars and clothing, or buy muchof anything else, which is a drag on the economy.

Republicans and many blue-dog Dems say we can’t afford another extension.

But these are many of the same people who say we should extend the Bush tax cuts for the wealthy for at least another two years.

Nicholas D. Kristof: A Hedge Fund Republic?

Earlier this month, I offended a number of readers with a column suggesting that if you want to see rapacious income inequality, you no longer need to visit a banana republic. You can just look around.

My point was that the wealthiest plutocrats now actually control a greater share of the pie in the United States than in historically unstable countries like Nicaragua, Venezuela and Guyana. But readers protested that this was glib and unfair, and after reviewing the evidence I regretfully confess that they have a point.

That’s right: I may have wronged the banana republics.

You see, some Latin Americans were indignant at what they saw as an invidious and hurtful comparison. The truth is that Latin America has matured and become more equal in recent decades, even as the distribution in the United States has become steadily more unequal.

E.J. Dionne Jr.: Is the Tea Party out to banish Bush-style conservatism?

Will the Tea Party sell out for a mess of pottage in the form of a ban on earmarks?

That’s one possibility. But another is that this embrace of a purely symbolic approach to deficit reduction is a sign that the Tea Party’s central goals may lie elsewhere – in an effort to push the Republican Party away from those aspects of George W. Bush’s legacy that tried to steer the conservative movement in a new direction. The real point may be to get the GOP to say goodbye to the idea of a compassionate conservatism and to Bush’s peculiar but real brand of multiculturalism.

It was entertaining to watch Senate Minority Leader Mitch McConnell reluctantly capitulate to the Tea Party by supporting a two-year ban on requests for earmarks from his chamber’s Republicans.

“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”.

Michael Moore: Let’s Pass Some Laws Before the Republicans Head Into Town

Dear Congressional Democrats:

Welcome back to our nation’s capital for your one final session of the 111th Congress. Come January, the Republicans will take over the House while the Democrats will retain control of the Senate.

But Dems — here’s something I don’t understand: Why do you look all sullen and depressed? Clearly you’re not aware of one very important fact: you are still completely, totally, legally in charge! When (and if, mostly if) you wake up to the reality that you can do whatever you want for the next seven weeks, you will realize that you have two clear options:

1. You can continue your “Sit Quietly and Hope No One Hits Me” strategy and thus lay the groundwork for an even bigger ass-kicking two years from now;

Or…

2. You can actually use the power you hold for the next seven weeks and have the Senate pass the legislation that the House has already passed!

Paul Krugman: At the Federal Reserve, It’s Lonely at the Top

What I would do if I were in charge of the Fed is the same thing I suggested that Japanese officials do in 1998: announce a fairly high inflation target over an extended period and commit to meeting that target. As I have said before, when you’re up against the zero lower bound, it doesn’t matter how much money you print unless you credibly promise higher inflation.

What does this mean? Let’s say the Fed commits to achieving 5 percent annual inflation over the next five years – or, perhaps better, to hitting a price level 28 percent higher at the end of 2015 than today’s level. Crucially, this target cannot be called off if the economy recovers. Why? Because the point is to change expectations, and that means locking in the price rise.

The sad truth is, of course, that the chances of our achieving anything like this are no better than those for implementing an adequate fiscal stimulus – at least for now.

At best, the limited quantitative easing that was just announced will only provide mild mitigation of the country’s current problems. Perhaps when the reality that the United States is caught in a liquidity trap sinks in – as the fact that we’re doing worse than Japan starts to finally penetrate our arrogance (amazing how long that’s taking) – we will eventually get there.

But it is not likely to happen soon.

Jane Hamsher: Investigate the TSA, Not Tyner

The TSA is opening an investigation targeting John Tyner, the man who earned himself an aggressive “pat down” at the airport when he refused to go through the TSA’s new AIT “porno scanners.”

But it’s the TSA that should be investigated, not Tyner.

Tyner was now allowed board his flight after he refused to allow himself to be groped, and now he could face both prosecution and a fine of $11,000.

But his real crime was making the “don’t touch my junk” video showing exactly what happened during his encounter with the TSA, which sparked a public backlash.

Jon Walker: Where are the “Obama Tax Cuts?”

Why didn’t the White House draft up a new tax law, with a few minor changes, that permanently extended the current tax rate for people making less than $250,000, and label that the “Obama tax cut.” By making a few small modifications, they could even have slightly reduced some tax rates for the middle class. This would allow the White House to legitimately claim the “Obama tax cuts” are not just an extension of the “Bush tax cuts,” they are, in fact, better!

“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”.

Paul Krugman: The World as He Finds It

On Wednesday David Axelrod, President Obama’s top political adviser, appeared to signal that the White House was ready to cave on tax cuts – to give in to Republican demands that tax cuts be extended for the wealthy as well as the middle class. “We have to deal with the world as we find it,” he declared.  

The White House then tried to walk back what Mr. Axelrod had said. But it was a telling remark, in more ways than one.

The obvious point is the contrast between the administration’s current whipped-dog demeanor and Mr. Obama’s soaring rhetoric as a candidate. How did we get from “We are the ones we’ve been waiting for” to here?

But the bitter irony goes deeper than that: the main reason Mr. Obama finds himself in this situation is that two years ago he was not, in fact, prepared to deal with the world as he was going to find it. And it seems as if he still isn’t.

Bob Herbert: This Raging Fire

When I was a kid my Uncle Robert, for whom I was named, used to say that blacks needed to “fight on all fronts, at home and abroad.”

By that he meant that while it was critically important to fight against racial injustice and oppression, it was just as important to support, nurture and fight on behalf of one’s family and community.

Uncle Robert (my father always called him Jim – don’t ask) died many years ago, but he came to mind as I was going over the dismal information in a new report about the tragic conditions confronting a large portion of America’s black population, especially black males.

The report, titled “A Call for Change,” begins by saying that “the nation’s young black males are in a state of crisis” and describes their condition as “a national catastrophe.” It tells us that black males remain far behind their schoolmates in academic achievement and that they drop out of school at nearly twice the rate of whites.

Black children – boys and girls – are three times more likely to live in single-parent households than white children and twice as likely to live in a home where no parent has full-time or year-round employment.

In 2008, black males were imprisoned at a rate six-and-a-half times higher than white males.

The terrible economic downturn has made it more difficult than ever to douse this raging fire that is consuming the life prospects of so many young blacks, and the growing sentiment in Washington is to do even less to help any Americans in need. It is inconceivable in this atmosphere that blacks themselves will not mobilize in a major way to save these young people. I see no other alternative.

Robert Reich: The Failure of the G-20 Summit

The president emerged Friday from a meeting with the heads of state and finance ministers of the 20 biggest economies, in Seoul, South Korea, saying they had agree to “get the global economy back on the path of recovery.”

But where are the specifics? The three-page communique that also emerged from the session brims with bromides about the importance of “rebalancing” the global economy, “coordinating” policies, and refraining from “competitive devaluations.”

All nice, but not a single word of agreement from China about revaluating the yuan, or from the United States about refraining from further moves by the Fed to flood the U.S. economy with money (thereby reducing interest rates, causing global investors to look elsewhere for higher returns, and lowering the value of the dollar).

Naomi Klein: G20 Trials and the War on Activism

So we are here to raise money.

But more fundamentally, we are here because we know what happened in this city during the G20 and the wrong people are on trial for it.

There are police officers that should be facing charges for assault and harassment — and so should any supervisors who enabled or covered over those abuses.

So far no one in authority has paid any price for what happened. . . . .

But this is not just about the cops. There are also high-level politicians who should be under investigation — for their role in ordering the militarization of our city, for subverting the legislative process to increase police powers, for grossly misappropriating public funds, using them to buy off constituents and grease donors. Tony Clement, we are talking about you.

“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”.

César Chelala Human Rights Groups United in Demand for Bush’s Prosecution

Several human rights groups are united in their demand that former president George W. Bush face prosecution following his open admission that he authorized the use of waterboarding, one of the cruelest forms of torture. Former president Bush made his admission during interviews publicizing his book, Decision Points. Bush’s admission of having authorized torture, however serious the claim is, is just one of the reasons the former president could be prosecuted.

During an interview with NBC News Bush said, “Three people were waterboarded and I believe that decision saved lives.” And he added, “My job was to protect America. And I did.” This is not the opinion of the American Civil Liberties Union (ACLU), Amnesty International (AI) and Human Rights Watch, three of the most prestigious human rights organizations.

“The Department of Justice has made clear that waterboarding is torture and, as such, a crime under the federal anti-torture statute.18 U.S.C. 2340 (c). The United States has historically prosecuted waterboarding as a crime. In light of the admission by the former President, and the legally correct determination by the Department of Justice that waterboarding is a crime, you should ensure that Mr. Durham’s current investigation into detainee interrogations encompasses the conduct and decisions of former President Bush,” says the ACLU in a letter addressed to U.S. Attorney General Eric Holder.

New York Times Editorial: Try Something Hard: Governing

Many Americans who voted this fall expressed a deep mistrust of government. House Republicans’ triumphalist vows to tie up the Obama administration with nonstop investigations and obstructionist budget crimping are not going to allay those voters’ concerns – or solve any of the country’s problems. . . .

This combativeness from the new House majority is an early symptom of its preference for politicking over the tougher job of governing in hard times. Its plans already feature the low cunning of snipping budget lines so the Internal Revenue Service cannot enforce key provisions of the health care reform law. (Why not defund Postal Service document deliverers while they’re at it?) . . .

In principle, Congress’s oversight of the executive branch can be a vital necessity. Politically, however, both parties push its limits from time to time. Now is no time for myriad searches for sensational distractions when the nation’s voters cry out for solid progress.

Annie Gell: Haiti’s Unnatural Disasters

International aid, trade, debt and governance policies over many decades made Haiti dependent on imported food and materials and crippled the domestic economy. These policies forced Haitian farmers off their land and into the low-lying cities and encouraged the deforestation of Haiti’s hillsides. The policies also severely curtailed the Haitian government’s ability to provide basic public services to its citizens, including healthcare, housing and sanitation services. The result is a country and a population that are acutely vulnerable to environmental stresses like earthquakes, diseases and storms. . . . .

Despite the generous pledges of billions of dollars in assistance by individuals and countries across the world, only a small percentage of promised funds has reached organizations in Haiti, and only a miniscule fraction of the money delivered has reached the Haitian people themselves. Many Haitians are living just as they were immediately after the earthquake with utterly inadequate access to sanitation, shelter, food and clean water.

“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”.

The Sunday Talking Heads:

This Week with Christiane Amanpour: Former Secretary of State Madeleine Albright and Sen. Lindsey Graham, R-S.C., join Ms. Amanpour to debate the administration’s foreign policy, the role of the U.S. in the world, the formation of a new Iraqi coalition in Iraq, from which Graham has just returned from a congressional delegation visit, and the chances for a bipartisan foreign policy in the new Congress.

She also brings together top voices on the economy with two members of the deficit commission, Sen. Kent Conrad, D-N.D., and chairman and CEO of Honeywell International, David Cote.  

At the Round Table with George Will, Nobel Prize-winning economist and New York Times columnist Paul Krugman, Washington Post columnist Ruth Marcus and Robert Kagan of the Brookings Institution the mixed messages from the White House on  the Bush Tax cuts and President Bush’s new book, “Decision Points.”

Face the Nation with Bob Schieffer: Mr. Scheiffer will be joined this Sunday by Sen. Charles Schumer, D-N.Y. and Sen.-elect Rand Paul, R-Ky.

The Chris Matthews Show: This Week’s Guests Gloria Borger, CNN Senior Political Analyst, Howard Fineman, The Huffington Post, Senior Political Editor, Clarence Page, Chicago Tribune Columnist and Kelly O’Donnell, NBC News Capitol Hill Correspondent will be Mr. Matthew’s guests to discuss these topics.

Which Republican Sees the Best Shot to Run as the Un-Obama in 2012?

The House Republican Plan for 280 Hearings in 2011 to Investigate the Obama Administration

Meet the Press with David Gregory: In his first television interview since Democrats suffered big losses in the midterm elections, Mr. Gregory will sit down with President Obama’s top advisor, David Axelrod and have an exclusive interview with Sen. John McCain (R-AZ).

Joining Mr. Gregory for a Round Table discussion of the Deficit Commission Chair Report and the Bush Tax Cuts will be former Federal Reserve Chairman Alan Greenspan, former Speaker of the House Newt Gingrich (R-GA), former Rep. Harold Ford Jr. (D-TN) and  Co-Author of “All the Devils Are Here: The Hidden History of the Financial Crisis”, Bethany McLean of Vanity Fair.  

As my good friend BillinPortland puts it:

On Meet the Press Sunday: Newt Gingrich, John McCain, Alan Greenspan and Harold Ford. A perfect 10 on the Wanker Scale!!!

State of the Union with Candy Crowley: This Sunday, the focus is on the president’s Asia trip, the Deficit Commission report and the agenda for the lame duck congress. Joining us, Senator John Cornyn (R-TX)and  Senator Mark Warner (D-VA).

Then, after an historic election, the balance of power in the House tips to Republican control. What will it mean for the Democrats? We’ll talk to Congressmen James Clyburn of South Carolina and Heath Shuler of North Carolina.

And insight and analysis on the new balance of power with former White House Communications Director Anita Dunn and former Republican Congressman Tom Davis.

Fareed Zakaris: GPS: Mr. Zakaria will be on Hong Kong to talk about President Obama’s Asia trip and America’s diminished influence. He will have a one on one discussion with elder statesmen, George Shultz about the current state of the economy, his advice for fixing it, and his thoughts on world affairs.

Fareeed will then look at the inventions that are coming out of the tiny city-state of Singapore. Next up, what was accomplished on Obama’s trip overseas? GPS has gathered a panel of experts, one from each of the President’s four stops, to break down what Obama’s visit means for the future of U.S-Asian relations.

And finally, a last look at the President shouldn’t be sentimental about at least one aspect of his childhood home of Indonesia.

“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”.

Dan Fromkin: Bush’s Waterboarding Admission Prompts Calls For Criminal Probe

WASHINGTON — The American Civil Liberties Union on Thursday joined a growing chorus in the human rights community calling for a special prosecutor to investigate whether former president George W. Bush violated federal statutes prohibiting torture.

In his new memoir and ensuing book tour, Bush has repeatedly admitted that he directly authorized the waterboarding of three terror suspects. Use of the waterboard, which creates the sensation of drowning, has been an iconic and almost universally condemned form of torture since the time of the Spanish Inquisition.

Except for a brief period during which a handful of Bush administration lawyers insisted that the exigencies of interrogating terror suspects justified its use, waterboarding has always been considered illegal by the Justice Department. It is also a clear violation of international torture conventions.

Robert Reich: Why We Should Beware Budget-Deficit Mania

We’re in for another round of budget-deficit mania.

The first draft of the President’s deficit commission, written by its co-chairmen Erskine Bowles and Alan Simpson, is a pastiche of ideas – some good, some dumb, some intriguing, some wacky. The only unifying principle behind their effort seems to be to throw enough at the wall that something’s bound to stick.

At their best, presidential commissions focus the public’s attention – not only on the right solution to some important problem but also on the right problem. Sadly, this preliminary report does neither.

As to solution, the report mentions but doesn’t emphasize the biggest driver of future deficits – the relentless rise in health-care costs coupled with the pending corrosion of 77 million boomer bodies. This is 70 percent of the problem, but it gets about 3 percent of the space in the draft.

Paul Krugman: For Lenders, the Name of the Game Is Extend and Pretend

I’m finding it difficult to write about the recent foreclosure mess in the United States.

Amid the revelations in October that so many mortgage lenders might have been sloppy when processing foreclosure paperwork, attorneys general in all 50 states have now announced they are investigating lenders’ foreclosure practices.

It’s clear that there has been massive malfeasance on the part of the banks (again), but it’s less easy to decide what should be done about it.

One thing is obvious: the main argument in favor of turning a blind eye to this whole situation and avoiding a temporary freeze on foreclosures is wrong.

“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”.

Jane Hamsher: Obama Twists Own Arm, Says “Uncle” to Extending Bush Tax Cuts

Political mastermind David Axelrod says the White House is ready to cave in the wake of imaginary overwhelming pressure to extend all of the Bush tax cuts, exacerbating the “deficit” problem they’ve been completely obsessed with:

President Barack Obama’s top adviser suggested to The Huffington Post late Wednesday that the administration was ready to accept an across-the-board continuation of steep Bush-era tax cuts, including those for the wealthiest taxpayers.

That appears to be the only way, said David Axelrod, that middle-class taxpayers can keep their tax cuts, given the legislative and political realities facing Obama in the aftermath of last week’s electoral defeat.

“We have to deal with the world as we find it,” Axelrod said during an unusually candid and reflective 90-minute interview in his office, steps away from the Oval Office. “The world of what it takes to get this done.”

Me or David Axelrod – one of us does not understand how congress works.

Lame duck.  Democrats still have the majority in the House. So they pass extensions for the middle class, excluding the ones for the wealthy.

Bill Quigley: Why George W. Bush Should Still Worry

Bush Pens True Crime Book, No Justice for CIA Destruction of 92 Torture Tapes

In his memoir (which some wise people have already moved in bookstores to the CRIME section) George W. Bush admitted that he authorized that detainees be waterboarded, tortured, a crime under US and international law.

Bush’s crime confession coincides with reports that no one will face criminal charges from the US Department of Justice for the destruction of 92 CIA videotapes which contained interrogations using waterboarding.

Where is the accountability for these crimes?  

Bush and other criminals will be brought to justice if the Center for Constitutional Rights (CCR) and the European Center for Constitutional and Human Rights (ECCHR) have their way.  

CCR and ECCHR jointly intervened into a criminal investigation in Spain examining the role of former civilian and military officials from the Bush administration in the commission of international law violations, including torture.  The investigation is ongoing and includes the crimes that Bush admitted he authorized.

John Nichols: The Fight Over Social Security’s Future Is On-But Which Side Is Obama On?

The debate about the future of Social Security has opened, and how progressives respond will decide whether the United States is a civil society or a pirate state where the government’s primary role is to take from the poor and give to the rich.

So far, the response has been mixed. The signals from the Obama White House are bad, with the president indicating openness to “compromises” that would compromise the legacies of the New Deal, the Fair Deal and the Great Society. In contrast, House Speaker Nancy Pelosi, key Congressional Democrats, labor unions and activist groups are raising all the right objections.

Matthew Rothschild: Shame on Holder and Panetta for Not Going after CIA Destruction of Torture Evidence

If you’ve been a cynic all along, you win again.

I’m referring to the decision this week by the Justice Department not to go after a senior official of the CIA who ordered the destruction of dozens of videotapes of the torture of terrorism suspects.

Remember, this wasn’t a low-level operative of the CIA going off on some rogue mission.

This was the guy who, at the time, was head of the agency’s clandestine service. His name is Jose Rodriguez, and he ordered his staff to destroy the visual evidence, which included a taping of a detainee being waterboarded.

Rodriguez’s lawyer calls him “a hero and a patriot.” I call him a criminal and a creep.

And the Justice Department a bunch of cowards. Attorney General Eric Holder should be ashamed of himself.