Tag: Punting the Pundits

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

Dean Baker: The Terrible Twos: Central Bank Inflation Targets

The March job numbers came in somewhat worse than most analysts had expected. The slower job growth was largely attributable to unusually bad weather in late February and early March, but most of the commentators seem to be missing this fact. Many are warning that the economy might be weaker than they thought.

These warnings from commentators are in fact good news. They are good news first because it is almost certainly true that the economy is weaker than these analysts thought. Many had been making silly pronouncements about a new American boom that was not based in any real understanding of the economy. It’s always best when the people who are determining economic policy have some idea of the actual state of the economy.

The other reason the warnings are good news is that they may slow down the Federal Reserve Board’s rush to raise interest rates. The business pages have become obsessed in recent months over the date at which the Federal Reserve Board will start raising the short-term interest rate it controls from the zero level it has been at for the last six years. There had been growing pressure on Fed Chair Janet Yellen and other doves to pull the trigger. The recognition of slower growth will help to alleviate the pressure.

Glenn Greenwald: Why John Oliver Can’t Find Americans Who Know Edward Snowden’s Name (It’s Not About Snowden)

On his HBO program Sunday night, John Oliver devoted 30 minutes to a discussion of U.S. surveillance programs, advocating a much more substantive debate as the June 1 deadline for renewing the Patriot Act approaches (the full segment can be seen here). As part of that segment, Oliver broadcast an interview he conducted with Edward Snowden in Moscow, and to illustrate the point that an insufficient surveillance debate has been conducted, showed video of numerous people in Times Square saying they had no idea who Snowden is (or giving inaccurate answers about him). Oliver assured Snowden off-camera that they did not cherry-pick those “on the street” interviews but showed a representative sample.

Oliver’s overall discussion is good (and, naturally, quite funny), but the specific point he wants to make here is misguided. Contrary to what Oliver says, it’s actually not surprising at all that a large number of Americans are unaware of who Snowden is, nor does it say much at all about the surveillance debate. That’s because a large number of Americans, by choice, are remarkably unaware of virtually all political matters. The befuddled reactions of the Times Square interviewees when asked about Snowden illustrate little about the specific surveillance issue but a great deal about the full-scale political disengagement of a substantial chunk of the American population.

Robert Greenwald: Wrong About Iraq, Wrong About Iran

What do Bolton, Netanyahu, Graham and a whole host of others in Washington opposing this deal have in common? They were passionate supporters of the Iraq war and continue to hold that view today. [..]

Of course, we all know how this played out: no WMDs, tens of thousands of Americans killed or wounded, countless Iraqi civilians dead, nearly $4 trillion spent, and ISIS on a rampage throughout the Middle East.

Why should we listen to these people again?

The reality is that there is no better Iran deal, and those calling for one never offer a viable plan on how to get there. In fact, the real alternative is war, which will come at tremendous cost.

“After you’ve dropped those bombs on those hardened facilities, what happens next?” former commander of U.S. Central Command Gen. Anthony Zinni (ret.) once wondered. “[I]f you follow this all the way down, eventually I’m putting boots on the ground somewhere. And like I tell my friends, if you like Iraq and Afghanistan, you’ll love Iran.”

John Nichols: Scott Walker Controls Wisconsin’s Executive and Legislative Branches. Now His Minions Are Gunning For the Judicial.

Wisconsin Governor Scott Walker plays politics to win. As a political careerist who has run two dozen primary and general election campaigns since 1990, he leaves nothing to chance. And the partisans who have allied with him have embraced the view that the best way to prevail in politics is to “have it all”-control of the executive, legislative and judicial branches of government.

This week, Walker’s allies are focused on securing control of the judicial branch of state government in Wisconsin. The Republican Party of Wisconsin and groups that have consistently backed Walker’s agenda are leading the charge to oust a state Supreme Court justice who has championed judicial independence and to change the way in which the high court is organized-with an eye toward ousting another independent jurist from the position of chief justice.

The Wisconsin fights, which will play out in two statewide votes Tuesday, have received little national attention. Yet they are instructive for those who seek to understand the relentless pursuit of power by Walker and his political allies-and the approach that the all-but-announced Republican presidential contender and his associates would bring to Washington if they realize their national ambitions.

Jeff Biggers: Mountaintop removal mining is a crime against Appalachia

Numerous health studies on strip mining have cleared the way for federal intervention

President Barack Obama’s budget proposal last month for an effective Appalachian regeneration fund opened a new door to the future for ailing coal mining communities. The Power Plus Plan supports reclamation and reforestation projects, job training and transition programs for unemployed coal miners, as well as pension plans for retired miners.

The plan’s focus on diversifying the region’s economy is welcome acknowledgment that it is locked in a “death spiral,” as one analyst recently noted – a result of the coal industry’s shift to the heartland and western coal fields and a rapidly changing global energy market.

But for Appalachia to truly move on, another door must be closed on its deadly past. It’s time for Obama and for Congress to recognize the indubitable scientific data on the mounting health damages of mountaintop removal (MTR) mining and enact a moratorium on all such radical strip mining operations through the Appalachian Community Health Emergency Act.

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: Economics and Elections

Britain’s economic performance since the financial crisis struck has been startlingly bad. A tentative recovery began in 2009, but it stalled in 2010. Although growth resumed in 2013, real income per capita is only now reaching its level on the eve of the crisis – which means that Britain has had a much worse track record since 2007 than it had during the Great Depression.

Yet as Britain prepares to go to the polls, the leaders of the coalition government that has ruled the country since 2010 are posing as the guardians of prosperity, the people who really know how to run the economy. And they are, by and large, getting away with it.

There are some important lessons here, not just for Britain but for all democracies struggling to manage their economies in difficult times. I’ll get to those lessons in a minute. But first, let’s ask how a British government with such a poor economic record can manage to run on its supposed economic achievements.

Robert Kuttner: Our Corporate Saviors

What are we to make of the fact that some big corporations are turning out to be the relative good guys, on issues as varied as same-sex marriage, the environment and even (to a limited extent) workers’ wages? Last week, the governors of Indiana and Arkansas were forced to back down and dilute bogus “religious freedom” laws intended to shelter discrimination against gays and lesbians, in large part because their corporate bigwigs told them to stop embarrassing the state and scaring off business.

In Indiana, these included the Pharmaceutical giant Eli Lilly, the Indiana Pacers and even the Indy 500. In Arkansas, the pressure came, among others, from (shudder) Walmart, whose executives urged the hapless governor, Asa Hutchinson, to veto the bill. [..]

What gives here? Are big corporations the new custodians of social conscience?

Hardly. If you take these one at a time, a few things are at work. For starters, most big corporate executives are more cosmopolitan than the religious far right, and they also worry mightily about reputational damage.

Juan Cole: Do GOP Frontrunners Have an Iran Policy Besides Sanctions and Bombs?

The GOP presidential field in particular and the Republican Party in general have decided to treat the Iran negotiations the way they did Obamacare, as the unfortunate apparent achievement of a president they had determined to emasculate, which needs to be abrogated yesterday. In short, they are making the Iran talks a partisan domestic issue, refusing to recognize it as a diplomatic victory. [..]

So, just to recap: The usually flamboyant Ted Cruz has been more cautious and circumspect than Scott Walker in his reaction to the Iran deal. Walker used the unfortunate phrase “blow up” about a nuclear negotiation and does not seem to understand how international sanctions work, nor that unilateral US sanctions wouldn’t much hurt Iran. Marco Rubio needs new glasses, since he seems not to be able to read the fine print of the agreement.

And Rand Paul is AWOL on one of the most important issues facing the country.

The Republican presidential field is not ready for prime time regarding the Iran deal.

As for the rank and file GOP congress representatives, such as Louis Gohmert (R-TX), they just raved like lunatics, talking about bombing each and every centrifuge in Iran. But then they were going to fix Iraq by bombing it, too.

Amy B. Dean: The morning after the Tea Party

Governors who thought tax cuts for the rich would create trickle-down prosperity are waking up

Conservative U.S. governors who came to power during the 2010 Tea Party electoral wave are facing a reality check. A few years ago, catering to a far-right constituency, they campaigned on pledges of slashing taxes and bolstering business. Their subsequent policies have benefited the wealthy but failed to bring trickle-down prosperity to their states.

It is the morning after the Tea Party. Republican governors are waking up to a sluggish job market, stagnant wages, state deficits and impoverished services. The party’s trickle-down ideology is no way to manage a government. And a state cannot be run on tax cuts alone. [..]

Conservative governors now recognize the need to generate revenue to maintain schools and highways. But they are still not taking responsibility and cleaning up the messes they have created. Rather than reversing tax cuts for the wealthy, many are implementing regressive measures that penalize middle-class taxpayers.

“Of the 10 or so Republican governors who have proposed tax increases, nearly all have called for increases in consumption taxes, which hit the poor and middle class harder than the rich,” The New York Times reported last month. This includes new taxes on gas, e-cigarettes, movie tickets and services such as haircuts.

Paul Buccheit: Rahm Emanuel: Symbol of a Sick America

America’s is a sickness of the mind, the unwavering belief by people in power that free-market capitalism will somehow work for everyone.

As with a virus that refuses to die, the effects are insidious, because the very rich have convinced themselves that they made it on their own, and that others have only themselves to blame if they are poor.

Rahm Emanuel is Mayor 1%. He speaks a politician’s words to entice many Chicagoans to vote for him, but his actions are on behalf of his friends and colleagues in the business world. [..]

Like its mayor, Chicago has two faces. The rest of the nation sees the glitz and glamour of Chicago’s magnificent downtown, but the city’s south and west sides, according to urban analyst Daniel Hertz, are more dangerous than in the 1990s. This is part of the sickness: a persistent inequality, moreso of wealth than of income, that plagues America and manifests itself in the questionable dealings of a man like Rahm Emanuel. He may best be remembered as the privatizer of Chicago and, as Perlstein suggested, “a strikingly corrupt mayor.”

Harold Meyerson: Workers – Not Employers – Are the Real Wage Movers and Shakers

“We’re too big and complicated a system to do anything in reaction to a particular group or something happening,” Karen King, who has the wonderful title of “chief people officer” at McDonald’s, said Wednesday, explaining her company’s decision to raise wages for some of its employees.

If you believe that, don’t go near anyone purporting to sell you a bridge, even if it comes with fries on the side. [..]

But the prime mover behind these raises, whether company-specific or legislative, is the workers themselves. The campaigns of the fast-food workers, Wal-Mart employees and others have functioned as a kind of second act to the Occupy Wall Street movement, not just highlighting the enormous disparities of income and wealth in our society but also putting forth a concrete demand, as Occupy never did, to remedy some of inequality’s most remediable extremes.

Robert Fisk: What Will Saudi Arabia Do When – Not If – Things Go Wrong in Their War with the Shia Houthi Rebels?

The depth of the sectarian war unleashed in Yemen shows itself in almost every Gulf Arab official statement and in the official press. [..]

Saudis are being told to regard their country’s struggle as a decision even more important than Saudi Arabia’s appeal to the US to send troops to the land of the Two Holy Mosques in 1990 – a view Osama bin Laden might have disagreed with.

What is less clear, however, is where Washington stands amid all this rhetorical froth in the Gulf and real dead bodies in Yemen. There have been reports in the Arab states that US drone attacks have been made as part of the coalition’s battle in Yemen, that American intelligence has been pin-pointing targets for the Saudis (with the usual civilian casualties). There was a time when America’s war in Yemen seemed to be just part of the whole War on Terror fandango throughout the Middle East. Not any more.

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:

This Week with George Stephanopolis: The guests on Sunday’s “This Week” are: Israeli Prime Minister Benjamin Netanyahu; California Gov. Jerry Brown; Philadelphia Archbishop Charles Chaput; Major League Baseball commissioner emeritus Bud Selig and ESPN’s Keith Olbermann.

The roundtable guests are: Democratic strategist Donna Brazile; ABC News political analyst Matthew Dowd; ABC News Chief White House correspondent Jonathan Karl; and Associated Press Chief White House correspondent Julie Pace.

Face the Nation with Bob Schieffer: Mr. Schieffer’s guests are: U.S. Secretary of Energy Ernest Moniz;  Sen. Lindsey Graham (R-SC); former Sen. Rick Santorum (R-PA); and Sarah Warbelow, Legal Director for the Human Rights Campaign.

His panel guests are: David Sanger, The New York Times; David Ignatius, The Washington Post; CBS News State Department Correspondent Margaret Brennan; Ruth Marcus, The Washington Post; and Jeffrey Goldberg, Atlantic.

Meet the Press with Chuck Todd: The guests on “MTP” this Sunday are: MLB Commissioner Rob Manfred; Cardinal Timothy Dolan, the archbishop of New York; and Gov. Bobby Jindal (R-LA). The rest remains a mystery.

State of the Union: Jim Acosta will host this Sunday’s SOTU. His guests are Israeli Prime Minister Benjamin Netanyahu; and Sen. Dianne Feinstein (D-CA).

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

Trevor Timm: Republicans have no interest in peace. The Iran talks proved that

A small part of the Middle East may soon be off limits to US bombing and killing, so naturally Republicans and their neocon allies are furious.

The tentative Iran deal announced on 3 April, in which Western leaders and the Islamic republic agreed on strict limits to Iran’s nuclear program, was hailed by many as a breakthrough, given that it could avert yet another US-led war in the Middle East. So almost immediately, it was denounced by key conservative members of Congress, neocons, and Republican presidential candidates, whose unquenched thirst for blood almost always outweighs their supposed commitment to peace. [..]

When neocons like Bolton come out of the woodwork to denounce the chance for peace with Iran, it’s always amusing to remember the people most responsible for helping the country to start its nuclear energy program: Dick Cheney and Donald Rumsfeld. They pushed President Ford to sign a deal to sell Iran nuclear material in 1976, but somehow that’s never brought up when Fox News is calling Iran “the devil”.

There’s still a long way to go this deal can become a signed pact, but given that the terms were better than expected, the Obama administration seems to have finally done something that could have lasting positive impact on the Middle East.

Joan Walsh: The right’s “cake” insanity: You won’t believe how it’s trying to deflect the Indiana backlash

“Cake is speech.”

That’s what Indiana Baptist pastor Tim Overton told NPR’s Steve Inskeep Thursday morning, defending his state’s controversial “religious freedom” law. I thought it was so funny, I immediately tweeted it.

But as the day went on, it became clear that Overton’s argument wasn’t some fringe theory: It’s shaping up as a core tenet of one “compromise” approach to religious freedom laws that’s under consideration, in the wake of the backlash to the Indiana law, which Overton fervently supported as written. It’s at the heart of the fix to the law Jeb Bush pushed Wednesday night with pro-gay rights Republican donors. [..]

For the far right, of course, even Indiana’s compromise is going too far. (Santorum is “disappointed” in his “dear friend” Mike Pence.) My friend Greg Sargent thinks it’s progress that some space has opened up within the GOP to at least debate these issues, and I guess that’s true. But the religious freedom argument should be simple: If your religion tells you it’s wrong to be gay, then don’t have gay sex, or get gay married. It’s amazing to watch Bush and others contort themselves to make floral arranging and cake baking a form of religious expression, to pander to the far right, though it’s not likely to work. This debate will get sillier before it’s settled.

Heather Digby Parton: Religious right’s next crusade: What they want to throw women in jail for now

It’s been heartening to see such a strong reaction to Indiana’s new law enabling bigotry against gay people over the past few days. A bright light is now shining on the cleverly framed “Religious liberty” movement and it’s going to be politically risky in the future for any officials to use the Supreme Court’s “Hobby Lobby” invitation to social conservatives to use a religious liberty doctrine to allow businesses to discriminate against gays and lesbians. This is very good news. The Big Money Boyz decided that it was bad for business and the only people to whom conservative leaders listen more closely than the members of the religious right are the leaders of corporate America.

Unfortunately, as you will undoubtedly recall, the Hobby Lobby decision, which for the first time granted religious status to a corporation, wasn’t actually about gay rights. It was about denying female employees health insurance coverage for contraception due to the employers religious objection. (The employee’s beliefs were not deemed to be relevant.) So far, there hasn’t been much outcry against that in Indiana or elsewhere. Indeed, in Indiana the clock has been turned so far back on women’s rights that they are now imprisoning women for having abortions. Yes, you read that right.

David Sirota: Wall Street Democrats are on notice: Andrew Cuomo, Rahm Emanuel and the party’s new civil war

For those pining for a Democratic Party that tries to represent more than the whims of the rich and powerful, these are, to say the least, confusing times. [..]

It would be easy to conclude that the status quo is winning Democratic politics – but a series of high-profile elections shows the trends are markedly different outside the national political arena.

Two years ago, the era of billionaire Republican Mayor Michael Bloomberg and his Wall Street-worshiping city politics ended when populist Democrat Bill de Blasio and a slate of progressive city councilors backed by New York’s Working Families Party were swept into office promising to increase taxes on millionaires and fund universal pre-kindergarten. A year later, New York’s conservative Democratic Gov. Andrew Cuomo and his $40 million campaign war chest couldn’t muster two-thirds of the Democratic primary vote against an unknown progressive opponent named Zephyr Teachout. Though Cuomo was ultimately reelected, he was humiliated, and his future prospects have been significantly diminished.

Now comes Chicago, where Mayor Rahm Emanuel has shuttered schools, handed out big corporate subsidies, blocked a financial transaction tax and pushed for cuts to city workers’ retirement benefits. He made the old corporate Democratic assumption, betting that he could easily win reelection by simply spending opponents into the ground.

Lambasted as “Mayor 1 Percent,” Emanuel has been forced to champion more progressive policies to try to appease the Democratic base – he suddenly backed a $13 minimum wage and signed an ordinance compelling developers to pony up more cash for affordable housing. His underfinanced opponent Garcia still may lose the April 7th election, but in a city that has for decades been under the thumb of corporate Democrats’ political machine, a deeper victory for progressives has already happened.

Maarcy Wheeler: FBI’s brazen terrorism lie: What the Boston Marathon bombing trial reveals about America’s deluded terror narrative

Close to the end of the March 25 testimony in the Dzhokhar Tsarnaev trial for his role in the April 25, 2013 Boston Marathon bombing, the government submitted a series of exhibits with chats from the defendant. One described (pdf) wanting President Obama to win the Presidential election as the “lesser of two evils” but asserting “killing Muslims is the only promise Obama or Mitt Romney] will fulfill.” One [joked (pdf) about sex even while discussing studying the Quran. Another described transferring from UMass Dartmouth (in reality, Dzhokhar was already failing out), joking about transferring to an Ivy League school, but ending by saying “I wanna bring justice for my people.” These were chats with no context, simply read by an FBI agent, without even any guidance about with whom Dzhokhar was chatting.

About the only one that made sense was one from December 25, 2012 that read “Doing something with Tamerlan,” Dzhokhar’s older brother who would go on to be killed in a police shoot out after the attack. “I’ll hit you up in a bit bro.”

But when the defense tried to introduce related chats, noting how religious Tamerlan had become and explaining that the older brother had influenced Dzhokhar so much he had been sober for a month, the witness said he wasn’t sure it was about Dzhokhar’s older brother.

It was just an example of the degree to which the prosecution in the marathon trial are cherry picking narrowly from the complex cultural world of Dzhokhar, a Chechen immigrant who grew up steeped in American culture in Cambridge, MA.

Sen. Bernie Sanders: The Political Revolution We Desperately Need

The good news is that the economy today is much better than it was six years ago when George W. Bush left office. The bad news is that, despite these improvements, the 40-year decline of the American middle class continues. Real unemployment is much too high, 35 million Americans continue to have no health insurance and more of our friends and neighbors are living in poverty than at almost any time in the modern history of our country.

Meanwhile, as the rich become much richer, the level of income and wealth inequality has reached obscene and unimaginable levels. In the United States, we have the most unequal level of wealth and income distribution of any major country on earth, and worse now then at any other time since the 1920s. Today, the top one-tenth of 1 percent of our nation owns almost as much wealth as the bottom 90 percent, and one family owns more wealth than the bottom 42 percent. In terms of income, 99 percent of all new income is going to the top 1 percent. [..]

Clearly, the struggle to create a nation and world of economic and social justice and environmental sanity is not an easy one. But this I know: despair is not an option if we care about our kids and grandchildren. Giving up is not an option if we want to prevent irreparable harm to our planet.

We must stand up and fight back. We must launch a political revolution which engages millions of Americans from all walks of life in the struggle for real change. This country belongs to all of us, not just the billionaire class.

Please join the grass-roots revolution that we desperately 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

New York Times Editorial Board: A Promising Nuclear Deal With Iran

The preliminary agreement between Iran and the major powers is a significant achievement that makes it more likely Iran will never be a nuclear threat. President Obama said it would “cut off every pathway that Iran could take to develop a nuclear weapon.” [..]

By opening a dialogue between Iran and America, the negotiations have begun to ease more than 30 years of enmity. Over the long run, an agreement could make the Middle East safer and offer a path for Iran, the leading Shiite country, to rejoin the international community.

The deal, if signed and carried out, would vindicate the political risks taken by President Hassan Rouhani of Iran and President Obama to engage after decades of estrangement starting from the 1979 Islamic Revolution.

Paul Krugman: Power and Paychecks

On Wednesday, McDonald’s – which has been facing demonstrations denouncing its low wages – announced that it would give workers a raise. The pay increase won’t, in itself, be a very big deal: the new wage floor is just $1 above the local minimum wage, and even that policy only applies to outlets McDonald’s owns directly, not the many outlets owned by people who bought franchises. But it’s at least possible that this latest announcement, like Walmart’s much bigger pay-raise announcement a couple of months ago, is a harbinger of an important change in U.S. labor relations.

Maybe it’s not that hard to give American workers a raise, after all.

Most people would surely agree that stagnant wages, and more broadly the shrinking number of jobs that can support middle-class status, are big problems for this country. But the general attitude to the decline in good jobs is fatalistic. Isn’t it just supply and demand? Haven’t labor-saving technology and global competition made it impossible to pay decent wages to workers unless they have a lot of education?

Richard (RJ) Eskow: What Everyone Should Know About the Student Debt Crisis (in 4 Charts)

Sen. Elizabeth Warren and Rep. Elijah Cummings, who co-chair an initiative called the Middle Class Prosperity Project, are holding a forum this afternoon (Thursday, April 2) at the University of Massachusetts in Boston on “Tackling the Student Debt Crisis” (more info here).

If the word “crisis” seems dramatic to you, you haven’t been paying attention. The Federal Reserve recently released new data on student debt, and it shows that the situation is even worse than many people realized. There’s a lot of new information available, but here are four things every American needs to know:

1. Student debt is soaring in this country.

2. The debt burden is disproportionately falling on younger Americans.

3. An alarming number of student loans are delinquent.

4. Student debt is ruining credit scores — and keeping young people out of the consumer economy.

Excessive consumer debt is another economic problem, of course. But these figures are an indication that student debt is keeping young Americans from forming households and purchasing homes, from buying cars, and presumably from other types of purchases as well.

If large numbers of young people are prevented from fully participating in the consumer economy — if they’re not able to buy things — that doesn’t just harm them personally. It hurts the entire economy — which means it affects almost everyone.

Robert Reich: The Rise of the Working Poor and the Non-Working Rich

Many believe that poor people deserve to be poor because they’re lazy. As Speaker John Boehner has said, the poor have a notion that “I really don’t have to work. I don’t really want to do this. I think I’d rather just sit around.”

In reality, a large and growing share of the nation’s poor work full time — sometimes sixty or more hours a week — yet still don’t earn enough to lift themselves and their families out of poverty.

It’s also commonly believed, especially among Republicans, that the rich deserve their wealth because they work harder than others.

In reality, a large and growing portion of the super-rich have never broken a sweat. Their wealth has been handed to them.

The rise of these two groups — the working poor and non-working rich — is relatively new. Both are challenging the core American assumptions that people are paid what they’re worth, and work is justly rewarded.

Why are these two groups growing?

Jared Bernstein: March Jobs Report: First Impressions

Payrolls rose only 126,000 last month in a surprisingly downbeat reading on the state of the labor market. Unemployment remained unchanged at 5.5%, but the closely watched labor force rate fell a tenth in another sign of weakness.

Contributing to the disappointing report, job gains for the prior two months were marked down by a total of 69,000. Thus, the average monthly gain over the first quarter of the year fell slightly below 200,000, as shown below.

Average weekly hours ticked down slighty as well in March, the first such decline in over a year. [..]

Has the job market really downshifted, or is this month a temporary blip? While there’s evidence for both sides of that argument, I’d give more weight to the 260K bars in the above figure than the lower first bar. The underlying trend, both for overall GDP growth and for job gains has been steady and moderate, productivity certainly hasn’t accelerated (which would suggest employers could meet demands with fewer workers), and the unemployment rate has generally fallen for good reasons — more jobseekers finding work — than for bad ones — more jobseekers giving up the search and leaving the labor market.

Jason W. Murphy: Big oil is pressuring scientists not to link fracking to earthquakes in Oklahoma

For some time now, scientists have wondered whether fracking-related activities, such as wastewater injection, might be the source of increased seismic activity in Oklahoma. In May of last year, the Oklahoma Geological Survey, an affiliate entity of the University of Oklahoma, released a statement in conjunction with the United States Geological Survey, saying that wastewater injection was a “likely contributing factor the increase in earthquakes”.

Not long after this statement, David Boren, president of the university, summoned the Oklahoma Geological Survey’s lead seismologist Austin Holland, who was also one of the authors of the statement, to a meeting with Harold Hamm, CEO of Continental Resources, one of Oklahoma’s largest oil and gas exploration and production companies. Boren facilitated the meeting despite the fact that he also serves as a member of the Continental Resources board of directors.

In July 2014, Continental Resources released a presentation

positing an alternative theory for the seismic swarms and downplaying the influence of induced seismicity. One can only imagine the pressure this meeting must have brought upon Holland and his team of scientists.

That’s why state policy makers like myself are concerned that industry pressure conveyed through the highest levels of academia could compromise the deliberative and fact-based response by which state officials are attempting to put an end to the seismic swarms.

Punting the Pundits

“Punting the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

Thanks to ek hornbeck, click on the link and you can access all the past “Punting the Pundits”.

Follow us on Twitter @StarsHollowGzt

New York Times Editorial Board: The Scrambled States of Immigration

A country that has abandoned all efforts at creating a saner immigration policy has gotten the result it deserves: not one policy but lots of little ones, acting at cross purposes and nullifying one another. Not unity but cacophony, a national incoherence – one well illustrated in a recent report in The Times on the various ways the states, forsaken by Congress, are adjusting to the millions of unauthorized immigrants living outside the law. [..]

Depending on how the Fifth Circuit rules on the lawsuit challenging Mr. Obama’s executive actions, his valiant effort to repair some of the damage to the immigration system could well be undone, and everybody, families and felons, may get put back in the shadowy line of potential deportees. Meanwhile, the Army is expanding and fast-tracking a program to give citizenship to unauthorized immigrants with special language or medical skills.

Who is on the right side of this argument – the Army, Mr. Obama, Gov. Jerry Brown of California, Mr. de Blasio? Or Texas, Alabama, Arizona and the Republicans whose resistance to reform has left the nation in this mess? Those die-hard opponents fail to remember that laws and policies that deny rights and promote exclusion have been the source of shame and regret throughout American history. Integration and assimilation are the core values of a country that is in danger of forgetting itself.

Will Rogers: Our Land, Up for Grabs

A BATTLE is looming over America’s public lands.

It’s difficult to understand why, given decades of consistent, strong support from voters of both parties for protecting land, water and the thousands of jobs and billions of dollars in economic benefits these resources make possible.

Last week, the United States Senate voted 51 to 49 to support an amendment to a nonbinding budget resolution to sell or give away all federal lands other than the national parks and monuments.

If the measure is ever implemented, hundreds of millions of acres of national forests, rangelands, wildlife refuges, wilderness areas and historic sites will revert to the states or local governments or be auctioned off. These lands constitute much of what’s left of the nation’s natural and historical heritage. [..]

Rather than selling off the lands we all own, or looking for other uses for the money approved at the ballot box for conservation, our leaders should listen to voters and find ways to protect more of the places that make America special.

David Cay Johnston: Phantom income helps poor children

Reform the earned income tax credit but not at the expense of struggling families

The number of informal businesses in the United States is growing robustly, but the average size of these enterprises is shrinking fast, my analysis of official government data from 1988 to 2012 shows.

Given the millions of people who have lost a job, cannot find work or kept working but at reduced pay, it’s not surprising that many of them are starting small businesses to make ends meet. If you cannot get a job, make one for yourself – sell homemade goods, wash windows, edit articles.

The trends in what government calls sole proprietorships – any unincorporated business that files a Schedule C with the owner’s personal tax return – open a window on how Americans are adapting to an economy that for decades has been glorious for those at the top but hard on the vast majority.

This is a story not of prosperous entrepreneurship but of desperate struggles to swim against powerful economic currents. A much darker story lies hidden in the official numbers, a story of crushing poverty alleviated by a strange amalgam of thieving tax preparers, ignorant parents and Congress’ failure to focus on making government policies work as intended.

In analyzing the official data, I saw hints that many of these informal businesses either are bogus or inflate their profits. It may appear bizarre that anyone would tell the Internal Revenue Service that they made more money than they actually did. But doing so can be lucrative for unscrupulous tax preparers and their poorest clients.

Charles M. Blow: Religious Freedom vs. Individual Equality

Indiana’s governor is now vowing to “clarify” a religious freedom law he recently signed in that state, because of what he calls a “perception problem” about whether the legislation would allow open discrimination against people whose sexual identities defy the heteronormative construct.

In truth, there is no perception problem. There was a detection problem: People detected precisely what the bill was designed to do, and they objected. And, possibly more important than individuals’ objections, were the objections of big business like Apple and Angie’s List.

Rather than simply protecting the free exercise of religion, the bill provides the possibility that religion could be used as a basis of discrimination against some customers. [..]

Too many people in this country continue to have an unhealthy obsession with what other people do in their bedrooms rather than focusing on what they do – or don’t do – in their own.

Mind your own faith and your own business and allow other people to define their own relationships with a god, if he or she believes and chooses such a spiritual communion.

Michelangelo Signorile: A Spellbinding Week: What Are the Gains and Losses for LGBT Rights, and What Battles Lie Ahead?

It’s been an extraordinary week for LGBT people in America, as we saw a battle play out in the media that made all of us who support equality — lesbian, transgender, gay, bisexual, and straight — feel proud. Major celebrities, media personalities, prominent politicians, and huge corporations — even some on Fox News — were standing up against bigots and speaking out for equality. It was exciting, even dazzling. [..]

Yeah, we won a major media battle and got amazing support. We should thank people like lesbian longtime journalist Kerry Eleveld and others for lighting a firecracker under HRC with much-needed, intense criticism in recent weeks for its lack of a strategy. It was wonderful, too, to see allies support us, exciting to behold. And hopefully we learned a lot about holding our enemies’ — and gay groups’ — feet to the fire. But in larger frame, LGBT citizens lost protection from discrimination. So, yes, be proud of our work this week. But there’s so much more to do. Don’t think our opponents aren’t already regrouping and calibrating their next attack, moving on to other states. We cannot fool ourselves, dazzled by the events, into thinking that because we won a media battle, we have won the war.

Jessica Valenti: It isn’t justice for Purvi Patel to serve 20 years in prison for an abortion

Abortion is illegal in the United States. So is having a stillbirth – not officially, perhaps, but thanks to a case in Indiana, we’re halfway there. On Monday, Purvi Patel, a 33 year old woman who says that she had a miscarriage, was sentenced to 20 years in prison for neglect of a dependent and feticide. She is the first woman in the United States to ever be sentenced for such a crime. [..]

We may never know what really happened in Patel’s case. She has repeatedly said that she had a miscarriage which, if true, means that the state is sending a woman to jail for not having a healthy pregnancy outcome. But even if Patel did procure and take drugs to end her pregnancy, are we really prepared to send women to jail for decades if they have abortions? Even illegal ones?

When women are desperate to end their pregnancies, they will. The answer to this shouldn’t be punitive, but supportive: women need better access to education, affordable contraception and abortion without harassment or delay.

Patel’s case opens the door for any woman who expresses doubt about her pregnancy to be charged if she miscarries or has a stillbirth. It’s a terrifying thought, but one that is already impacting real women: the anti-choice movement is now sending women to jail for what happens during their pregnancies. So tell me again how abortion is totally legal. Or tell Purvi Patel.

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

Katrina vanden Heuvel: Trans-Pacific Partnership treaty will help neither workers nor consumers

“China wants to write the rules for the world’s fastest-growing region … We should write those rules,” President Obama declared in his State of the Union address. To sell Congress on giving him authority to “fast track” consideration of the Trans-Pacific Partnership (TPP), a trade and investment treaty with 12 nations that has been under negotiation for five years, the president argues it is vital that “we” write the rules. The real question, of course, is what does he mean by “we”? [..]

How do trade treaties that undermine workers, cost jobs and create a private, corporate global arbitration system get through Congress? The answer, of course, is the corporate lobby that writes the rules mobilizes big money and armies of lobbyists to drive them through. Most Democrats oppose the treaties, but the Wall Street wing of the party tends to support them. Conservatives would naturally oppose secretive global panels that can force taxpayers to pay damages to companies, but the U.S. Chamber of Commerce and the Business Roundtable round up votes to get the treaty passed.

So remember, when the president argues that it is vital that “we” write the rules, “we” means not the American people, but corporate and financial interests.

President Obama has dramatically called inequality the defining challenge of our time. But the reason the 1 percent capture virtually all of the income growth in this society, the reason working families are struggling simply to stay afloat, is that the rules are rigged by the powerful to favor themselves. Our trade policies are clear examples of that. America’s middle class will continue to sink until “we” means the American people, not Wall Street and the corporate lobby.

Jessica Valenti: Don’t stress out. Our kids are just fine when their mothers work late

Some welcome news for working moms: you can stay late at the office tonight and your kid will be just fine.

A new study published this April in the Journal of Marriage and Family (pdf) shows that the widely-held belief that young children do better when their mothers spend significant time with them is actually wrong: kids are okay no matter how many hours mom works.

In fact, the stress of trying to live up to unrealistic parenting standards is likely more detrimental to children than a lack of time spent together. The so-called Mommy Wars aren’t just hurting women – they’re hurting kids, as well.  [..]

But, despite the neverending guilt mothers are expected to feel for working outside the home, the results of the study showed that the amount of time parents – mothers, in particular – spend with young children doesn’t have a statistically significant impact on their development or well-being.

Jess Zimmerman: April Fools’ pranks reveal the unfunny future of consumerism

The tech industry, hovering constantly one buzzword away from self-parody, is a hostile environment for mockery. So why are tech companies such zealous April Fools participants, second only perhaps to my cousin, who once pranked my grandmother by snail mail because she’d been warned not to believe anything he said on the phone on 1 April?

This year’s tech industry April Fools’ pranks started sliding out a day in advance. Maybe companies couldn’t bear to keep their jokes under wraps, or maybe they thought they’d sucker more people with a 31 March-dated press release. How else do you explain that, one day before 1 April, we already had Google Panda (a huggable version of Siri), the Samsung Galaxy BLADE edge (which turns your phone into a cleaver), and PACMaps, which merges PacMan with Google Maps. As usual, tech companies are falling all over each other to roll out a gag product, though this is the first time I’ve noticed them being so eager that they bring them out a day early. As usual the offerings are mildly funny, mildly annoying and only barely distinguishable from actual real-life products offered for sale. [..]

Behind the light-heartedness of today’s jokes is a tiny blip of menace: today’s satire is often tomorrow’s reality. On April Fools’ Day we look disconcertingly into our secret cravings and into the future of consumerism, and what we see isn’t all that implausible. No wonder nobody laughs all that hard.

Michelle Goldberg: Indiana Just Sentenced a Woman Convicted of Feticide to Twenty Years in Prison

Indiana’s law allowing discrimination against gay people is not the only reason that the state deserves our opprobrium. It’s also about to become the first state to imprison a woman for what it says is the death of a baby born after an attempted abortion.

On Monday, 33-year-old Purvi Patel, an unmarried woman from a conservative Hindu family who bought abortion drugs online, was sentenced to twenty years in prison for the crimes of feticide and neglect of a dependent. It was not the first time that feticide laws, passed under the guise of protecting pregnant women from attack, have been turned against pregnant women themselves. Indiana, after all, was also the state that jailed Bei Bei Shuai, an immigrant who tried to commit suicide by poisoning herself while pregnant, and whose baby later died. But the Patel case is still a disturbing landmark. “Yes, the feticide laws in other states have been used to arrest and sometimes punish the pregnant women herself,” says Lynn Paltrow, executive director of National Advocates for Pregnant Women, which advised Patel’s defense. “This is the first time it’s being used to punish what they say is an attempted self-abortion.” [..]

Indiana strengthened its feticide law in 2009, after a pregnant woman who was shot during a bank robbery lost the twins she was carrying. Under the statute, feticide applies in cases where a “person…knowingly or intentionally terminates a human pregnancy with an intention other than to produce a live birth or to remove a dead fetus.” There is an exemption for legal abortion, but no explicit one for self-abortion. Reproductive rights activists like Paltrow have long contended that such laws, championed by conservatives, are a sneaky way of eroding abortion rights, and the Patel case shows that they are right. We’ve reached a point where desperate women who end their pregnancies before viability are going to prison.

Linda Greenhouse: The Supreme Court’s Death Trap

You wouldn’t know it from the death penalty proceeding about to take place in the Boston Marathon case, or from Utah’s reauthorization of the firing squad, or the spate of botched lethal injections, but capital punishment in the United States is becoming vestigial.

The number of death sentences imposed last year, 72, was the lowest in 40 years. The number of executions, 35, was the lowest since 1994, less than half the modern peak of 98, reached in 1999. Seven states, the fewest in 25 years, carried out executions.

California has the country’s biggest death row, with more than 700 inmates. Many more of them die of natural causes – two since mid-March – than by execution. Last July, a federal district judge, Cormac J. Carney, concluding that California’s death penalty had become “dysfunctional,” “random” and devoid of “penological purpose,” declared it unconstitutional (pdf); the state is appealing.

In 2008, two years before he retired, Justice John Paul Stevens renounced the death penalty. His nuanced opinion (pdf) in Baze v. Rees (pdf) rewards rereading. No current justice has taken up the call. I’m not so naïve as to predict that a majority of the Supreme Court will declare the death penalty unconstitutional anytime soon. But the voice of even one member of the court could set a clarifying marker to which others would have to respond. And it just might over time point the way to freeing the court – and the rest of us – from the machinery of death.

Elise Czajkowski: Can Trevor Noah fill Jon Stewart’s big shoes for ‘Indecision 2016’?

This morning, Comedy Central officially announced 31-year-old South African comedian Trevor Noah as the third host of its flagship late-night show, The Daily Show. Noah has been slowly working his way up the ladder of US comedy over the last few years, with his own Showtime special and appearances on The Tonight Show with Jay Leno and The Late Show with David Letterman. When he joined The Daily Show back in December as an international correspondent, it seemed like a forward-thinking move on the part of the network. But it’s a big jump to take over from Jon Stewart, whose wry voice has become a pillar of American satire. [..]

Noah’s presence should an international flavour to the show, hopefully breaking it out of its obsession with the 24-hour news channels and petty Washington bickering. It was Stewart who swung the show sharply towards politics when he took over in 1999; there’s no reason that Noah couldn’t change the direction once again.

Stewart hasn’t officially announced his leaving date, confirming that it will be sometime in 2015. Noah’s tour schedule has him booked at shows in the UK as late as 22 October, which means he’s probably not to take over the chair until late in the year. Between then and now, he’s got a lot of studying to do.

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

Trevor Timm: If this is what an anti-war presidency looks like to you, you’re detached from reality

Nothing sums up the warped foreign policy fantasy world in which Republicans live more than when House Speaker John Boehner recently called Obama an “anti-war president” under which America “is sitting on the sidelines” in the increasingly chaotic Middle East.

If Obama is an anti-war president, he’s the worst anti-war president in history. In the last six years, the Obama administration has bombed seven countries in the Middle East alone and armed countless more with tens of billions in dollars in weapons. But that’s apparently not enough for Republicans. As the Isis war continues to expand and Yemen descends into civil war, everyone is still demanding more: If only we bombed the region a little bit harder, then they’ll submit.

In between publishing a new rash of overt sociopathic “Bomb Iran” op-eds, Republicans and neocons are circulating a new talking point: Obama doesn’t have a “coherent” or “unifying” strategy in the Middle East. But you can’t have a one-size-fits-all strategy in an entire region that is almost incomprehensibly complex – which is why no one, including the Republicans criticizing Obama, actually has an answer for what that strategy should be. It’s clear that this new talking point is little more than thinly veiled code for we’re not killing enough Muslims or invading enough countries.

Richard (RJ) Eskow: Big-Bank Bad Guys Bully Democracy – And Blow It

For so-called “masters of the universe,” Wall Street executives sure seem touchy about criticism. It seems they don’t like being painted as the bad guys.

But if they don’t like being criticized, why do so many of them keep behaving like B-movie villains? That’s exactly what executives from Citigroup, JPMorgan, Goldman Sachs and Bank of America looked after an article appeared last week detailing their coordinated attempt to intimidate Sen. Elizabeth Warren (D-Mass.) and other Democrats who want to fix the mess on Wall Street.

They’ve cheated customers and defrauded investors. Now they want to use our legalized system of campaign-cash corruption to protect themselves from the very government which rescued them.

Dean Baker: Don’t Worry About the Robots, the Fed Might Take Your Job

It is rare that a week goes by when we don’t hear a story warning us that robots are going to be taking our jobs. (For example, here , here, here .) This is bizarre, even as measured by a standard of economic reporting that allowed an $8 trillion housing bubble to grow largely unnoticed.

The basic point is a simple one: there is no real evidence that robots are displacing workers on any substantial scale. The other part of the story that makes the robot discussion so annoying is that the Federal Reserve Board is actively debating policy that has the explicit purpose of taking away people’s jobs and almost no one seems to care. [..]

The robots may not be likely to take our jobs, but there is a real risk that the Federal Reserve Board will. There is a regular drum beat in the business press about the need for the Fed to start raising interest rates. In fact the Fed itself is telling us to expect higher rates, the question is how much higher and how fast we get there.

David Sirota: The SEC Illustrates the Danger of Regulatory Capture

The phrase “regulatory capture” shrouds a serious problem in vaguely academic jargon, making it seem like unimportant esoterica rather than anything noteworthy. But the phenomenon that the euphemism represents is, indeed, significant: When a government agency is effectively captured by-and subservient to-the industry that agency is supposed to be objectively regulating, it is a big deal.

A perfect example of regulatory capture came earlier this month from the Securities and Exchange Commission-the law enforcement agency that is supposed to be overseeing the financial industry.

As part of that responsibility, the agency’s top financial examiner, Andrew Bowden, warned last year of rampant fraud, corruption and abuse in the private equity industry, which today manages tens of billions of dollars of public pension money for states and cities across the country. [..]

That, unto itself, doesn’t sound like regulatory capture-in fact, it sounds like quite the opposite. But that’s just the prelude to the real story.

Robert Reich: The Rise of the Working Poor and the Non-Working Rich

Many believe that poor people deserve to be poor because they’re lazy. As Speaker John Boehner has said, the poor have a notion that “I really don’t have to work. I don’t really want to do this. I think I’d rather just sit around.”

In reality, a large and growing share of the nation’s poor work full time — sometimes sixty or more hours a week — yet still don’t earn enough to lift themselves and their families out of poverty.

It’s also commonly believed, especially among Republicans, that the rich deserve their wealth because they work harder than others.

In reality, a large and growing portion of the super-rich have never broken a sweat. Their wealth has been handed to them.

The rise of these two groups — the working poor and non-working rich — is relatively new. Both are challenging the core American assumptions that people are paid what they’re worth, and work is justly rewarded.

Why are these two groups growing?

Mike Lux: The Angst Of The Rich And Powerful

There have been a couple of recent articles that relate to money and politics that, while infuriating on many levels, have also struck me as very funny.

One of them came out last week, a broadside no doubt planted by a Wall Street lobbyist intending to frighten Democratic party leaders into trying to shut up Elizabeth Warren (good luck with that!), Sherrod Brown, and other populists who challenge banking malfeasance. It is a classic story about today’s bizarro world of big money dominated politics: [.]]

The Wall Street lobby is the richest and most powerful constituency in DC, and they have been pretty successful over the last couple of decades at getting their way on policy and shutting up politicians who take them on. This kind of ham-handed threat might have worked in the past, but we are living in a new era where the progressive movement, in combination with leaders like Warren and Brown, isn’t backing down. It is worth noting this article, though, and keeping it in your favorite clips file: this kind of moment is one to be savored. There will be more to come as the challenges to the Wall Street establishment keep growing.

Punting the Pundits

“Punting the Pundits” is an Open Thread. It is a selection of editorials and opinions from around the news medium and the internet blogs. The intent is to provide a forum for your reactions and opinions, not just to the opinions presented, but to what ever you find important.

Thanks to ek hornbeck, click on the link and you can access all the past “Punting the Pundits”.

Follow us on Twitter @StarsHollowGzt

New York Times Editorial Board: Stronger Dollar in a Weak Global Economy

In the last several months, the dollar has strengthened tremendously against other currencies like the euro, the pound and the yen. This largely reflects the realization among investors that the American economy will do much better than other major economies in the coming months. [..]

For the United States, a stronger dollar will serve to dampen growth, though by how much nobody can accurately predict because the relative values of currencies are hard to forecast. Some American manufacturers have said they are losing orders or seeing their profits decline as they are forced to cut prices to compete with the lower prices offered by European and Japanese businesses.

The appreciation of the dollar is a good reason for the Federal Reserve to hold off on raising interest rates this summer. But more than anything else, the stronger dollar serves as a reminder that the world is still far too reliant on the United States, which itself has not yet fully recovered from the financial crisis. That does not augur well for sustainable global growth.

David Cay Johnston: No, the estate tax isn’t destroying family farms

The latest pitch for an estate-tax repeal repeats a long-discredited lie

Congress is voting this week on whether to repeal the estate tax. The step would be a huge boon to billionaires and others whose fortunes would forever escape taxation, creating an even larger dynastic class of inheritors who owe their riches to their skill at picking their parents.

But that’s not what was heard at a House Ways and Means Committee hearing last week. Instead the theme was how the tax was eviscerating American farmers. [..]

The fact is that any claim that the estate tax is killing family farms is a lie.

How many of America’s 2.2 million farms have been sold to pay estate taxes? None. [..]

We need to reform the estate tax system. I would start by changing the code to tax capital gains at death, as Canada does, and to limit the estate tax to huge concentrated fortunes – say, of $1 billion or more. But we should all agree to reform it on the basis of facts, not lies.

Dean Baker: The sharing economy needs a public option

The public doesn’t need a middleman for sharing-economy services, but it does need to make sure they are regulated

So-called “sharing economy” companies such as Uber, Airbnb and Task Rabbit are posing policy headaches for governments around the world. Their argument that they should be exempt from existing regulations because their services are ordered over the web does not make much sense, but it provides an adequate fig leaf for politicians seeking campaign contributions from these highly capitalized newcomers.

For those who have missed the hype, “sharing economy” refers to a wide variety of companies that use the web to connect consumers and providers. While there is not reliable data on its size, in part because it is not well defined, Airbnb now boasts far more room listing that Hilton or Marriot, and Uber has quickly grown to be the largest taxi service in the world.

Part of the response to the innovations associated with these sharing economy companies should be to modernize regulations. It is reasonable to regulate taxi services in ways that ensure that cars are safe and drivers are competent and responsible. It is also reasonable to regulate rented rooms to ensure they are not fire traps. Similarly, both should be regulated in ways that ensure access to the handicapped and prevents discrimination. In addition, employees in these companies should be covered by workers compensation and protected by minimum wage and overtime rules.

Mark Weisbrot: Destroying the Greek economy in order to save it

European authorities are using dirty tactics to bring Greece to heel

There is a tense standoff right now between the Greek government and the so-called troika – the European Commission, the European Central Bank (ECB), and the International Monetary Fund (IMF). ECB President Mario Draghi went so far this week as to deny that his institution is trying to blackmail the Greek government.

But blackmail is actually an understatement of what the troika is doing to Greece. It has become increasingly clear that they are trying to harm the Greek economy in order to increase pressure on the new Greek government to agree to their demands. [..]

The amounts of money involved are quite trivial for the ECB. The government has to come up with approximately 2 billion euros of debt payments in April. The ECB has recently shelled out 26.3 billion euros to buy eurozone governments’ bonds as part of its 850 billion euro quantitative-easing program over the next year and a half. The ECB’s excuses for causing this cash crunch in Greece ring hollow. For example, it argues that banks under the previous government didn’t have to have the limit that the ECB is imposing on banks now, because the prior government had committed to a reform program that would fix its finances. But so has this one.

It could hardly be more obvious that this is not about money or fiscal sustainability, but about politics. This is a government that European authorities didn’t want, and they wish to show who is boss. And they really don’t want this government to succeed, which would encourage Spanish voters to opt for a democratic alternative – Podemos – later this year.

Robert Kuttner: 5 Radical Ideas Hillary Should Support

The repositioning of candidate Clinton has already begun. One of the fascinating indicators is a report of a commission on inclusive prosperity organized and released in January by the Center for American Progress. The report, co-authored by Larry Summers (!), sounds more like something Larry Mishel of the Economic Policy Institute or Paul Krugman or Joseph Stiglitz might have written.

Among other things, the report calls for much more public investment, more help for trade union organizing, full employment, disdain for fiscal austerity, taxation of the rich, and lots of other good stuff usually associated with the progressive wing of the Democratic Party.  [..]

So while it’s good that Clinton is positioning herself as more of a progressive, I think she needs to be even more radical, both to generate real enthusiasm and to address America’s real problems.

Robert Naiman: Schumer’s Choice: To Succeed Reid, He Must Back Iran Deal

Democratic Senate Minority Leader Harry Reid has announced that he will not run for re-election. Reid has endorsed Sen. Charles Schumer (D-NY) to succeed him as Democratic leader.

But in order to succeed Reid as Senate Democratic leader, Schumer is going to have to pay a price: he’s going to have to back President Obama’s multilateral diplomacy with Iran, which Bloomberg reports could produce a “framework agreement” this weekend. Some of Senator Schumer’s New York constituents might not like that, but as the soldiers say, they’ll just have to “embrace the suck.” Senate Republicans may think it’s ok for them to try to undermine a diplomatic agreement. But the prospective leader of Senate Democrats isn’t allowed to do that. [..]

Schumer will have to make a choice. If he maintains his support for the Corker bill, he would help kill the talks. But then he would never be the leader of Senate Democrats. If he wants to be leader of Senate Democrats, Schumer will have to support President Obama on Iran diplomacy.

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:

This Week with George Stephanopolis: The guests on Sunday’s “This Week” are: former Maryland governor Martin O’Malley; and Victoria Kennedy, the wife of late Sen. Edward Kennedy.

The roundtable guests are: ABC News political analyst Matthew Dowd; former Michigan Gov. Jennifer Granholm; ABC News contributor and Weekly Standard editor Bill Kristol; and CNN’s Fareed Zakaria.

Face the Nation with Bob Schieffer: Mr. Schieffer’s guests are: CBS News aviation consultant Capt. Sully Sullenberger; Intelligence Committee Chair Sen. Richard Burr (R-NC); Rep. Adam Schiff (D-CA); possible Republican candidate Mike Huckabee; Sen. John McCain (R-AZ); Sen. Barbara Mikulski (D-MD); former Sen. Chris Dodd (D-CT) and former Sen. Olympia Snowe (R-ME).

His panel guests are: Dan Balz of the Washington Post; Manu Raju of Politico; Scott Conroy of the Huffington Post; and CBS News Congressional Correspondent Nancy Cordes.

Meet the Press with Chuck Todd: The guests on Sunday’s “MTP” are a deep, dark secret this week.

State of the Union: Dana Bash is this week’s host. Her guests are:  House Speaker John Boehner (R-OH); Sen. Ted Cruz (R-TX); former NTSB investigators Charley Pereira and Dr. Alan Diehl; Kevin Madden and Ben LaBolt.

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