Tag: Politics

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 Shrill and the Serious

Washington policy debates are primarily about being admitted to the club of participants rather than about logic and evidence. Until the public understands this fact, there is little chance that the vast majority of people will have much ability to influence the course of policy.

The budget deficit is the current obsession in Washington. You can get big bucks spinning scare stories of huge budget deficits that will bankrupt the government and sink the economy. However, the indisputable reality is that the large budget deficits of recent years are due to the economic downturn following the collapse of the housing bubble.

But the people who make this point are not invited to take part in the discussion. Pointing out this fact makes one shrill; you have to say that the deficit is a huge problem to be a serious person in Washington.

William K. Black: The Republican Campaign to Convince Missouri to Join in a Fiscal Suicide Pact with Kansas

I have written previously to describe Kansas Republicans’ unholy war against moderate conservatives of their own Party. Governor Brownback and Secretary of State Kobach led the successful purge in the primary elections of any Republican official who did not back dramatic changes in taxation and measures against “undocumented workers” or “illegal immigrants.” The Kansas fiscal plan will end most income taxes, adopt highly regressive taxes that will not provide equivalent revenue, and sharply cut social programs such as education. [..]

The Republican Tea Party effort to convince Missouri to join Kansas in a fiscal suicide pact reveals how little the Party has learned from the 2012 elections. The Tea Party’s leverage over the Republican Party continues to wound the Party, the infra-red states, and the nation. The Missouri legislature is predisposed to enter into the suicide pact with Kansas. We will soon see whether it can be convinced by the folks who chose Akin to choose to make Missouri a low-skill, low-pay, and low-service Tea Party paradise. The Missouri Republican Party’s wealthiest donor believes that the best way to convince Republican legislators to sign on to the Kansas fiscal suicide pact is an ad campaign that calls for protecting our tax base and teachers by adopting the Kansas plan that would gut our tax base and require us to fire thousands of teachers. He thinks our legislators are so dumb that his literally childish ad composed of self-contradictions will sweep them up like lemmings. (Lemmings don’t really commit mass suicide. Only legislators are that stupid.) God help us if Missouri’s legislators take their guidance from Kansas.

Arun Gupta: Don’t Let Obama Cut Medicare, Medicaid, and Social Security

If you voted this election, whether for Barack Obama, Jill Stein or even Mitt Romney, you did not vote for austerity. But that’s of little consequence to Obama and the Republicans. The two parties are currently drafting measures that will undermine Social Security, Medicaid and Medicare as the economy approaches the “fiscal cliff” at the end of this year when more than $600 billion in tax increases and spending cuts will kick in absent a new budget deal. [..]

Trusting a Democratic president with protecting the general welfare is ill advised when the last one gave us NAFTA, welfare “reform” and the repeal of Glass-Steagall. Not only has Obama been gunning for retirement programs since 2008 (I’ll explain), he’s so hell bent on reducing deficits that he’s willing to damage the economy. The Congressional Budget Office estimates (pdf) if the economy plunges over the cliff, recession will hit in 2013. Interestingly, the CBO calculates that if all the tax cuts are left in place and no spending cuts are enacted the economy will grow by 4.4 percent next year and add 2.3 million full-time equivalent jobs. This would be the highest rate of growth since the late 1990s.

Wendell Potter: The Usual Suspects Who Will Benefit From Gutting Obamacare Now Want You to Worry About ‘Disruption’

Disruption.

Get ready to hear that word many times in the coming weeks, especially if you hang out inside the Washington beltway.

“Disruption” will be the new buzzword in an upcoming advertising campaign aimed at scaring us. The campaign is selling the idea that millions of Americans will face higher premiums and possibly be forced into health plans with skimpier benefits — i.e., disrupted — if Congress doesn’t repeal a provision of the Affordable Care Act (ACA) that raises money to pay for expanding coverage for the uninsured.

The greed of the health insurance industry knows no bounds. Insurance companies will get billions of dollars in new revenue every year as a result of the health act’s requirement that, starting in 2014, we will have to buy coverage from private insurers if we’re not eligible for Medicare or Medicaid.

Peter Diamond: Down With Supercommittees

Instead of wide-ranging, politically motivated panels, we need narrowly targeted commissions, without sitting members of Congress, modeled on the successful Base Closure and Realignment Commissions of recent decades.

Compare the successes of five consecutive base-closing commissions, which were charged with shuttering or shrinking military facilities, and the failures of both the Simpson-Bowles Commission and the deficit “supercommittee.”

In all of these cases, Congress recognized the difficulty in addressing an important issue, and committed itself to a no-amendments, up-or-down action on a possible commission report.

Each report from the base-closing commissions resulted in closures. In contrast, the Simpson-Bowles report did not receive enough votes to prompt Congressional action, and the supercommittee did not even finish a report.

John Nichols: Vulture Capitalism Ate Your Twinkies

“Wall Street investors first came onto the scene with Hostess about a decade ago, purchasing the company and then loading it with debt. All the while, its executives talked of investments in new equipment, new research and new delivery trucks, but those improvements never materialized,” explains AFL-CIO president Richard Trumka.

“Instead, the executives planned to give themselves bonuses and demanded pay cuts and benefit cuts from the workers, who haven’t had a raise in eight years,” said the AFL-CIO head. “In 2011, Hostess earned profits of more than $2.5 billion but ended the year with a loss of $341 million as it struggled to pay the interest on $1 billion in debt. This year, the company sought bankruptcy protection, the second time in eight years. Still, the CEO who brought on the latest bankruptcy got a raise while Hostess demanded that its workers accept a 30 percent pay and benefits cut.”

When BCTGM workers struck Hostess, they did not do so casually.

They were challenging Bain-style abuses by a private-equity group – Ripplewood Holdings – that had proven its incompetence and yet continued to demand more money from the workers.

Disaster Capitalism and Climate Change

Naomi Klein, author of Shock Doctrine: The Rise of Disaster Capitalism,, joined Bill Moyers to discuss how the the destructive force of Hurricane Sandy and climate change can alter politics and the economy.

The full transcript can be read here.

Lambert Strether, posting at naked capitalism, thought this part of the interview particularly interesting.

   NAOMI KLEIN: So one of the things that you find out in a disaster is you really do need a public sector. It really important. And coming back to what we were talking about earlier, why is climate change so threatening to people on the conservative end of the political spectrum? One of the things it makes an argument for is the public sphere. You need public transit to prevent climate change. But you also need a public health care system to respond to it. It can’t just be ad hoc. It can’t just be charity and goodwill.

   BILL MOYERS: When you use terms like “collective action,” “central planning,” you scare corporate executive and the American Enterprise Institute and The Heritage Foundation because they say you want to do away with capitalism.

   NAOMI KLEIN: Well, first of all, I don’t use a phrase like “central planning.” I talk about planning, but I don’t think it should be central. And one of the things that one must admit when looking at climate change is that the only thing just as bad or maybe even worse for the climate than capitalism was communism. And when we look at the carbon emissions for the eastern bloc countries, they were actually, in some cases, worse than countries like Australia or Canada. So, let’s just call it a tie. So we need to look for other models. And I think there needs to be much more decentralization and a much deeper definition of democracy than we have right now.

   BILL MOYERS: Decentralization of what, Naomi?

   NAOMI KLEIN: Well, for instance, you know, if we think about renewable energy, well, one of the things that’s happened is that when you try to get wind farms set up, really big wind farms, there’s usually a lot of community resistance that’s happened in the United States. It’s happened in Britain. Where it hasn’t happened is Germany and Denmark. And the reason for that is that in those places you have movements that have demanded that the renewable energy be community controlled, not centrally planned, but community controlled. So that there’s a sense of ownership, not by some big, faceless state, but by the people who actually live in the community that is impacted.

What Yves said: “These pesky issues of governance, the nature of the state, and legitimacy seem to popping up all over these days.”

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: The Twinkie Manifesto

The Twinkie, it turns out, was introduced way back in 1930. In our memories, however, the iconic snack will forever be identified with the 1950s, when Hostess popularized the brand by sponsoring “The Howdy Doody Show.” And the demise of Hostess has unleashed a wave of baby boomer nostalgia for a seemingly more innocent time.

Needless to say, it wasn’t really innocent. But the ’50s – the Twinkie Era – do offer lessons that remain relevant in the 21st century. Above all, the success of the postwar American economy demonstrates that, contrary to today’s conservative orthodoxy, you can have prosperity without demeaning workers and coddling the rich.

New York Times Editorial: Class-Based vs. Race-Based Admissions

Admissions policies that take class into account, rather than race, are getting a renewed push as a win-win solution. The contention is that they more fully serve the goal of diversity in higher education and provide a progressive way to resolve an enduring conflict that has now returned to the Supreme Court in a case about race-conscious admissions at the University of Texas at Austin.

But a crucial premise of the class-over-race argument is wrong. It is not possible to maintain the same level of racial diversity in higher education while applying a race-blind admissions policy. Class-based admissions generally reduce the number of black and Hispanic students. To maintain or build the levels of racial diversity on selective campuses, it is necessary to maintain race-conscious admissions.

Dean Baker: Fiscal Cliff Hysteria is Manipulated by Self-Serving Deficit Hawks

Missing the January deadline simply means those who want to preserve Bush tax cuts for the super-rich lose political leverage

Washington elites have spent much of the last three decades getting hysterical about budget deficits, but they are outdoing themselves in the current budget stand-off which they labeled as the “fiscal cliff”. Their story is that scheduled increases in taxes at the end of 2012, coupled with mandated cuts in spending, will send the economy tumbling into recession if Congress doesn’t take action before the end of the year.

The horror story associated with this 1 January deadline depends on fundamentally misrepresenting reality. There are projections from the Congressional Budget Office and other independent forecasters that show the combination of tax increases and spending cuts would chop more than 3.5 percentage points off GDP growth. This hit would mean a contracting economy and push the unemployment rate back over 10%.

However, the part that is generally downplayed in this genuine horror story, or left out altogether, is that the projection of a recession is not based on missing the 1 January deadline. The projection assumes that the higher tax rates and lower spending levels are left in place throughout the year – a scenario that almost no one considers plausible.

Robert Reich: Why We Should Stop Obsessing About the Federal Budget Deficit

I wish President Obama and the Democrats would explain to the nation that the federal budget deficit isn’t the nation’s major economic problem and deficit reduction shouldn’t be our major goal. Our problem is lack of good jobs and sufficient growth, and our goal must be to revive both.

Deficit reduction leads us in the opposite direction — away from jobs and growth. The reason the “fiscal cliff” is dangerous (and, yes, I know — it’s not really a “cliff” but more like a hill) is because it’s too much deficit reduction, too quickly. It would suck too much demand out of the economy.

Robert Kuttner: Ben Bernanke for Treasury Secretary

Why Bernanke to succeed Tim Geithner? Several reasons.

First, he is probably the most influential and credible person in official Washington who is not part of the echo chamber on deficit reduction. By his speeches and actions, Bernanke has made it clear that he considers the most serious threat to the economy to be a continued deflationary drag, and not worries about the public debt.

Bernanke’s Fed has poured money into the economy by buying bonds by the trillions of dollars. He’s driven interest rates about as low as they can go using this method, and he has repeatedly said that it’s not enough. He’s open to even more drastic measures, such as selective purchases of certain kinds of bonds to get bank lending and mortgage refinancing moving at the scale necessary.

In his “fiscal cliff” speech of last August 31, Bernanke pointedly refused to join the austerity posse. On the contrary, he all but asked Congress to use fiscal policy to stimulate the economy in the short run.

Bob Herbert: Why Walmart and Big Retailers Should Pay Their Workers More

Henry Ford famously decided in 1914 to pay many of his workers the then incredible sum of five dollars a day, which was substantially higher than the prevailing wage at the time.

While that wasn’t done specifically to enable Ford’s workers to buy his cars (his primary objective was to reduce employee turnover), it did at times have that effect. More important, Ford’s innovation, which shocked the industrialists of that era, helped kickstart America’s high-wage, high-consumption economy and the creation of its vast middle class.

Nearly a century later, in the midst of a weak economy and rising poverty, my colleagues at Demos, a New York-based think tank, have made a compelling case that Ford’s revolutionary approach to industrial wages should now be applied to America’s retail sector.

Punting the Pundits: Sunday Preview Edition

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

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

Follow us on Twitter @StarsHollowGzt

The Sunday Talking Heads:

Up with Chris Hayes: Joining Chris this AM are Tom Ricks, author of “The Generals: American Military Command from World War II to Today” and senior fellow at the Center for a New American Security; David Frum (@davidfrum), CNN Contributor; Spencer Ackerman (@attackerman), Wired senior reporter; Heather McGhee (@hmcghee), Demos vice president; Tara McElvey, Newsweek/Daily Beast correspondent; Julian Sanchez (@normative), Cato Institute research fellow; Yousef Munayyer (@YousefMunayyer), executive director of Jerusalem Fund & the Palestine Center; Noura Erakat (@4noura), the Badil Resource Center for Palestinian Refugee & Residency Rights; Raymond Castillo, Warehouse Workers United member; and Greg Fletcher, Walmart retail worker.

This Week with George Stephanopolis: Guests on “This Week” are House Democratic Leader Nancy Pelosi (D-CA); House Homeland Security Committee Chair Rep. Peter King (R-NY); and Senate Armed Services Committee Chairman Sen. Carl Levin (D-MI).

The roundtable guests are House Democratic Caucus Vice Chairman Xavier Becerra (D-CA); former House Speaker Newt Gingrich; and ABC News’ George Will, Donna Brazile and Jonathan Karl.

Face the Nation with Bob Schieffer: Mr. Schieffer’s guests are Sen. John McCain (R-AZ); Sen. Olympia Snowe (R-ME) & Assistant Majority Leader Sen. Dick Durbin (D-IL).

His panel guests are Tom Ricks, author of “The Generals,” David Ignatius of the Washington Post, and CBS News’ Margaret Brennan and Bob Orr.  

The Chris Matthews Show: This weeks’s panel guests are Sam Donaldson, ABC Reporter; Jodi Kantor, New York Times; Katty Kay BBC Washington Correspondent; and Dan Rather, HDNet Global Correspondent.

Meet the Press with David Gregory: Guests on MTP are Sen. Lindsay Graham (R-SC); Sen. Dianne Feinstein (D-CA); and Chair of the House Intelligence Committee, Rep. Mike Rogers (R-MI).

The roundtable guests are  Rep. Raul Labrador (R-ID); NY Times columnist Tom Friedman; fmr. White House Chief of Staff for President Clinton, John Podesta; GOP strategist Mike Murphy; and NBC News Chief Foreign Affairs correspondent Andrea Mitchell.

State of the Union with Candy Crowley: Ms. Crowley’s guests are : Ranking Democrat Rep. Dutch Ruppersberger (D-MD), and Senator Roy Blunt (R-MO); Chairman of Mitt Romney’s Hispanic Steering Committee, Carlos Gutierrez.

Her panel guests are Jackie Calmes of The New York Times, Gerald Seib of The Wall Street Journal and CNN Pentagon Correspondent Barbara Starr.

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

Eugene Robinson: The GOP’s Listening Problem

I know it’s early, but I have a sinking feeling the Republican Party is taking all the wrong lessons from last week’s election. Short-term, that’s a boon for Democrats. Long-term, it’s a problem for the country.

The GOP should be listening to reasonable voices such as that of Newt Gingrich. Yes, I used the words “reasonable” and “Gingrich” in the same sentence. He has occasional moments of lucidity, and one came on the “Today” show when he said Republicans “need to stop, take a deep breath and learn.”

“I was wrong last week, as was virtually every major Republican analyst,” Gingrich said. “And so, you have to stop and say to yourself, ‘If I was that far off, what do I need to learn to better understand America?'”

Robert Reich: Why BP Isn’t a Criminal

Justice Department just entered into the largest criminal settlement in U.S. history with the giant oil company BP. BP plead guilty to 14 criminal counts, including manslaughter, and agreed to pay $4 billion over the next five years.

This is loony.

Mind you, I’m appalled by the carelessness and indifference of the BP executives responsible for the disaster in the Gulf of Mexico that killed eleven people on April 20, 2010, and unleashed the worst oil spill in American history.

But it defies logic to make BP itself the criminal. Corporations aren’t people. They can’t know right from wrong. They’re incapable of criminal intent. They have no brains. They’re legal fictions — pieces of paper filed away in a vault in some bank.

David Sirota: Ending the Drug War: The Next Serious Step Through the Haze of Comedy

What’s next? Amid all the munchie-themed jokes from reporters, political elites and late-night comedians, this remains the overarching question after Coloradans voted overwhelmingly to legalize, regulate and tax marijuana in the same way alcohol is already legalized, regulated and taxed. Since those anti-Drug-War principles are now enshrined in Colorado’s constitution, only the feds can stop this Rocky Mountain state-if they so choose. But will they? And should they even be able to?

The answer to the former is maybe. Barack Obama campaigned for president pledging to respect state marijuana laws and his Justice Department in 2009 issued a memo reiterating that promise. But by 2011, the same Justice Department countermanded that directive and authorized a federal crackdown. Now, with the results of the 2012 election, Colorado’s Democratic Gov. John Hickenlooper has been forced into the awkward position of fighting off the feds in defense of a state constitutional amendment he tried to defeat.

Robert Sheer: The Land of Milk and Honey Once More

What’s the matter with California? It is a question once asked about Kansas when that state came to be viewed as a harbinger of a more conservative America. But now the trend is quite opposite, the right-wing is in retreat and the Golden State is the progressive bellwether.

How is it that the state that incubated the presidencies of Richard Nixon and Ronald Reagan is now so deep blue Democrat that Mitt Romney hardly bothered to campaign there? Why did voters, including huge majorities in the state’s two wealthiest counties, approve a tax on high-income earners to increase funding for public education?

Joe Nocera: Hacking General Petraeus

This is not going to end well for the F.B.I.

We are now entering the second phase of the David Petraeus scandal. The first phase began on Nov. 9 when Petraeus revealed that he had had an affair and resigned as C.I.A. director. For the next week, the press scrambled to keep abreast of every head-spinning new plot twist. General Petraeus slept with whom? Jill Kelley did what? Petraeus’s biographer/mistress titled her book what? Phase 1 of any big national scandal ends when the New York tabloids stop writing their laugh-out-loud cover headlines (“Cloak and Shag Her” screamed The New York Post) and relegate the story to the inside pages. That happened on Friday.

In Phase 2, people begin to grapple with the scandal’s larger meaning, assuming, of course, that it has some larger meaning.  [..]

But the Petraeus scandal could well end up teaching some very different lessons. If the most admired military man in a generation can have his e-mail hacked by F.B.I. agents, then none of us are safe from the post-9/11 surveillance machine. And if an affair is all it takes to force such a man from office, then we truly have lost all sense of proportion.

Ralph Nader: Tax What They Burn Before Tax What We Earn…

As America faces the so-called “fiscal cliff,” let’s turn our attention to our country’s systemic tax problem. To paint a picture, imagine our country as a mine car with its brake lines severed, barreling toward an uncertain fate. In this metaphor, the brake lines are represented by the U.S. tax code — all 7,500 pages of it — long the victim of severe tampering and perforating by corporate lobbyists and tax attorneys and unattended to by inadequate IRS enforcement. What is troubling is that these metaphorical brakes have been damaged for years, and only now, with an economy fitfully recovering from recession and the livelihoods of millions of Americans at stake, are the dangers ahead becoming headlines. [..]

Former IRS commissioner Sheldon Cohen once wrote: “If you know the position a person takes on taxes, you can tell their whole philosophy. The tax code embodies all the essence of life: greed, politics, power, goodness, charity.” With that sentiment in mind, any significant push toward fundamental tax reform has to start by chipping away at the corporatized, commercial Congress which uses tax breaks, deferrals, credits and exemptions as inventory to sell for campaign cash in increasingly costly campaigns. Until that happens, the metaphorical “brake lines” will remain faulty as America speeds toward increasingly more ominous fiscal cliffs.

The Last Word on L’affaire de Petraeus

The affair between David Petraeus and a married Tampa socialite was more than just embarrassing it exposed the media’s adoration of a very flawed man, the media’s cover up of his failures and the bigger scandal, the US surveillance state. Three critics of Petraeus weigh in:

Glenn Greenwald: While Petraeus Had Affair with Biographer, Corporate Media Had Affair with Petraeus

The scandal that brought down CIA director David Petraeus has spread to the top U.S. commander in Afghanistan, General John Allen. The Pentagon says the FBI has uncovered thousands of “potentially inappropriate” emails between Allen and Jill Kelley, the woman who complained of harassment from Petraeus’ biographer and lover, Paula Broadwell. Kelley’s complaint to the FBI led to the discovery of Broadwell and Petraeus’ relationship, prompting Petraeus’ resignation on Friday. We’re joined by Guardian columnist and blogger Glenn Greenwald

Transcript can be read here

Petraeus scandal is reported with compelled veneration of all things military

by Glenn Greenwald

The reverence for the former CIA Director is part of a wider religious-like worship of the national security state.

A prime rule of US political culture is that nothing rivets, animates or delights the political media like a sex scandal. From Bill Clinton, Gary Hart, and Eliot Spitzer to John Edwards, Larry Craig and David Vitter, their titillation and joy is palpable as they revel in every last arousing detail. This giddy package is delivered draped in a sanctimonious wrapping: their excitement at reporting on these scandals is matched only by their self-righteous condemnations of the moral failings of the responsible person.

All of these behaviors have long been constant, inevitable features of every political sex scandal – until yesterday. Now, none of these sentiments is permitted because the newest salacious scandal features at its center Gen. David Petraeus, who resigned yesterday as CIA Director, citing an extramarital affair.

FBI’s abuse of the surveillance state is the real scandal needing investigation

by Glenn Greenwald

That the stars of America’s national security establishment are being devoured by out-of-control surveillance is a form of sweet justice

The Petraeus scandal is receiving intense media scrutiny obviously due to its salacious aspects, leaving one, as always, to fantasize about what a stellar press corps we would have if they devoted a tiny fraction of this energy to dissecting non-sex political scandals (this unintentionally amusing New York Times headline from this morning – “Concern Grows Over Top Military Officers’ Ethics” – illustrates that point: with all the crimes committed by the US military over the last decade and long before, it’s only adultery that causes “concern” over their “ethics”). Nonetheless, several of the emerging revelations are genuinely valuable, particularly those involving the conduct of the FBI and the reach of the US surveillance state. [..]

That is the first disturbing fact: it appears that the FBI not only devoted substantial resources, but also engaged in highly invasive surveillance, for no reason other than to do a personal favor for a friend of one of its agents, to find out who was very mildly harassing her by email. The emails Kelley received were, as the Daily Beast reports, quite banal and clearly not an event that warranted an FBI investigation: [..]

Based on what is known, what is most disturbing about the whole Petraeus scandal is not the sexual activities that it revealed, but the wildly out-of-control government surveillance powers which enabled these revelations. What requires investigation here is not Petraeus and Allen and their various sexual partners but the FBI and the whole sprawling, unaccountable surveillance system that has been built.

Michael Hastings Takes Down Media For Promoting and Mythologizing David Petraeus

BuzzFeed‘s, Michael Hastings was not just harsh on David Peraeus but also took one of CNN’s own reporters for her fawning reporting, repeating the Pentagon talking points without question.

The transcript can be read here

h/t Heather at Crooks and Liars

The Sins Of General David Petraeus

by Michael Hastings

Petraeus seduced America. We should never have trusted him.

The fraud that General David Petraeus perpetrated on America started many years before the general seduced Paula Broadwell, a lower-ranking officer 20 years his junior, after meeting her on a campus visit to Harvard.

More so than any other leading military figure, Petraeus’ entire philosophy has been based on hiding the truth, on deception, on building a false image. “Perception” is key, he wrote in his 1987 Princeton dissertation: “What policymakers believe to have taken place in any particular case is what matters – more than what actually occurred.”

Yes, it’s not what actually happens that matters – it’s what you can convince the public it thinks happened.

But the final word  on L’affaire de Petraeus goes the host of The Colbert Report, Stephen Colbert and his guest All My Children soap star, Susan Lucci.

General’s Hospital

David Petraeus’ affair is all anybody in Washington can talk about, which might be why the country is in financial ruin.

“I think the news has jumped the shark” and that’s the “word.”

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: Criminality in the Gulf Spill

Two and a half years after the massive gulf oil spill, BP has agreed to plead guilty to 14 criminal charges brought by the Justice Department and cough up $4.5 billion in fines and other payments. This is not the first financial penalty the British oil giant has paid for its careless and destructive behavior, nor should it be the last. Still to come are multibillion-dollar settlements under various environmental laws. The Justice Department must be no less diligent in pressing these claims and should not settle for anything less than what the gulf coast, its battered environment and its residents need to address the long-term consequences of this disaster. [..]

Looking ahead, BP will owe somewhere between $5 billion and $21 billion under the Clean Water Act. The fines under that act range between $1,100 and $4,300 per barrel, depending on the level of negligence. In addition, the company will almost certainly owe several billion dollars more under the Oil Pollution Act for damage to natural resources like reefs and oyster beds and fish populations.

Paul Krugman; Life, Death and Deficits

America’s political landscape is infested with many zombie ideas – beliefs about policy that have been repeatedly refuted with evidence and analysis but refuse to die. The most prominent zombie is the insistence that low taxes on rich people are the key to prosperity. But there are others.

And right now the most dangerous zombie is probably the claim that rising life expectancy justifies a rise in both the Social Security retirement age and the age of eligibility for Medicare. Even some Democrats – including, according to reports, the president – have seemed susceptible to this argument. But it’s a cruel, foolish idea – cruel in the case of Social Security, foolish in the case of Medicare – and we shouldn’t let it eat our brains.

Bryce Covert: Americans Want to Raise the Minimum Wage

Voters didn’t just send President Obama back to the White House on Election Day. They also voted to raise the minimum wage in three different cities. Albuquerque, NM raised its minimum wage from $7.50 to $8.50 per hour, and it will automatically adjust to keep pace with the cost of living in future years. San Jose, California, raised its minimum wage from $8 per hour to $10, and it will also adjust automatically. Long Beach, California, went even further, not only giving hotel workers a living wage adjustment to $13 an hour, but also guaranteeing them five paid sick days per year. The first two raises alone will impact an estimated 109,000 workers.

Yet action to raise the minimum wage of $7.25 an hour is completely stalled at the federal level. It’s been stuck for over three years and it still isn’t indexed to inflation. That wage adds up to a pitiful $14,500 a year, not enough to make rent in any state. It’s over $3,000 below the poverty line for a parent with two kids. Its purchasing power is 13 percent lower than in 1979. Yet the average minimum-wage worker earns about half of his or her family income.

Jessica Valente: Justice for Savita

This week, the first American study ever to look at what happens to women when they’re denied abortions was released. It’s a fascinating, but not all that surprising, read. The research shows women who seek out abortions and are unable to obtain them fare significantly worse over time than women who are able to procure the procedure. Women who are denied abortions are more likely to end up on welfare, more likely to stay in abusive relationships, and more likely to be emotionally distressed over their pregnancy outcome.

Women’s lives suffer when they are forced to carry pregnancies. I thought I was angry when I read this research. But then I heard about Savita Halappanavar in Ireland, whose tragic story reminds us of the worst thing that can happen when women are denied abortions.

Richard (RJ) Eskow: The War On Women Is a Class War

Last week the voters delivered their verdict on what has come to be known as “the Republican War on Women”: They’re against it.

We’ve had decades of relentless class warfare from above, in the form of wealth distribution from the many to the few. Finally, class-related issues have helped to deliver a resounding defeat to scores of candidates who represented the interests of naked greed. (See WageClassWar.org).

Women’s issues and women voters were critical to this election. That’s not coincidental. The War On Women has many dimensions – social, cultural, psychological – but in many ways women’s issues are class issues. That makes the war on women a class war, among other things.

The upcoming “fiscal cliff” talks will open up another front in this seemingly endless struggle. Here are some reasons why: [..]

Amy Goodman: The Growing Global Movement Against Austerity

Amaia Engana didn’t wait to be evicted from her home. On Nov. 9, in the town of Barakaldo, a suburb of Bilbao in Spain’s Basque Country, officials from the local judiciary were on their way to serve her eviction papers. Amaia stood on a chair and threw herself out of her fifth-floor apartment window, dying instantly on impact on the sidewalk below. She was the second person in two weeks in Spain to commit suicide as a result of an impending foreclosure action. Her suicide has added gravity to this week’s general strike radiating from the streets of Madrid across all of Europe. As resistance to so-called austerity in Europe becomes increasingly transnational and coordinated, President Barack Obama and the House Republicans begin their debate to avert the “fiscal cliff.” The fight is over fair tax rates, budget priorities and whether we as a society will sustain the social safety net built during the past 80 years.

Hurricane Sandy Disaster: Disaster Capitalism v. Progressive Reform

Sandy’s Devastation Opens Space for Action on Climate Change and Progressive Reform

At a speaking event in New York City this week, award-winning journalist and author Naomi Klein discussed why the reconstruction from Superstorm Sandy is actually a great place to usher in progressive change. Klein’s latest article for The Nation magazine is called, “Superstorm Sandy – a People’s Shock?” She is the author of the best-selling book, “The Shock Doctrine: The Rise of Disaster Capitalism,” and is now working on a book about climate change

Transcript can be read here

Superstorm Sandy-a People’s Shock?

Less than three days after Sandy made landfall on the East Coast of the United States, Iain Murray of the Competitive Enterprise Institute blamed New Yorkers’ resistance to big-box stores for the misery they were about to endure. Writing on Forbes.com, he explained that the city’s refusal to embrace Walmart will likely make the recovery much harder: “Mom-and-pop stores simply can’t do what big stores can in these circumstances,” he wrote. [..]

The same day, Frank Rapoport, a lawyer representing several billion-dollar construction and real estate contractors, jumped in to suggest that many of those public works projects shouldn’t be public at all. Instead, cash-strapped governments should turn to “public private partnerships,” known as “P3s.” That means roads, bridges and tunnels being rebuilt by private companies, which, for instance, could install tolls and keep the profits. [..]

Ray Lehmann, co-founder of the R Street Institute, a mouthpiece for the insurance lobby (formerly a division of the climate-denying Heartland Institute), had another public prize in his sights. In a Wall Street Journal article about Sandy, he was quoted arguing for the eventual “full privatization” of the National Flood Insurance Program, the federal initiative that provides affordable protection from some natural disasters-and which private insurers see as unfair competition.

But the prize for shameless disaster capitalism surely goes to right-wing economist Russell S. Sobel, writing in a New York Times online forum. Sobel suggested that, in hard-hit areas, FEMA should create “free trade zones-in which all normal regulations, licensing and taxes [are] suspended.” This corporate free-for-all would, apparently, “better provide the goods and services victims need.”

Ms. Klein is speaking on Friday night at the Hammerstein Ballroom in New York City as part of 350.org’s “Do the Math” tour with Bill McKibben.

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 Crisis of the Deficit Crisis Mongers

The gang for gutting Social Security and Medicare (aka “The Campaign to Fix the Debt”) are running in high gear. During the long election campaign they gathered dollars, corporate CEOs and washed up politicians for a full-fledged push in the final months of the year. They are hoping that the hype around the budget standoff (aka “fiscal cliff”) can be used for a grand bargain that eviscerates the country’s two most important social programs, Social Security and Medicare.

They made a point of keeping this plan out of election year politics because they know it is a huge loser with the electorate. People across the political and ideological spectrums strongly support these programs and are opposed to cuts. Politicians who advocated cuts would have been likely losers on Election Day. But now that the voters are out of the way, the Wall Street gang and the CEOs see their opportunity.

Thom Hartmann: It’s the “Jobs Cliff,” Stupid!

They’re up to it again – this time with what they call the “fiscal cliff.”

Beware of con men bearing slogans. The oldest trick in the book is for conservatives – cons – to create hysteria around something, and then get all of us to give them billions of our tax dollars to fix the problem they’ve gotten us all hysterical about. [..]

It becomes particularly ironic when they get hysterical about a program that goes into effect at the end of this year that will modestly raise taxes back to where they were when Bill Clinton was president, and will cut spending, particularly military spending, although not even close enough to take us back to where it was before Bush. [..]

In other words, the “fiscal cliff” is another classic example of what Naomi Klein called “Disaster Capitalism.” Create a panic, and then profit from it. For example, Wall Street is helping fund groups like the Third Way that are pushing hard for us to give our Social Security Trust Fund – which has over two and a half trillion dollars in it – to Goldman Sachs and Citibank so they can take care of it for us. Doesn’t that make you feel all safe, and warm-and-fuzzy?

Jeremy Scahill: The Petraeus Legacy: A Paramilitary CIA?

It was the CIA director’s relationship with JSOC-not Paula Broadwell-that should have raised concerns.

While much of the media focus on l’affaire Petraeus has centered on the CIA director’s sexual relationship with his biographer, Paula Broadwell, the scandal opens a window onto a different and more consequential relationship-that between the CIA and the military’s Joint Special Operations Command. In a behind-the-scenes turf war that has raged since 9/11, the two government bodies have fought for control of the expanding global wars waged by the United States-a turf war that JSOC has largely won. Petraeus, an instrumental player in this power struggle, leaves behind an agency that has strayed from intelligence to paramilitary-type activities. Though his legacy will be defined largely by the scandal that ended his career, to many within military and intelligence circles, Petraeus’s career trajectory, from commander of US military forces in Iraq and Afghanistan to the helm of the CIA, is a symbol of this evolution.

“I would not say that CIA has been taken over by the military, but I would say that the CIA has become more militarized,” Philip Giraldi, a retired career CIA case officer, told The Nation. “A considerable part of the CIA budget is now no longer spying; it’s supporting paramilitaries who work closely with JSOC to kill terrorists, and to run the drone program.” The CIA, he added, “is a killing machine now.”

Ralph Nader: Preserve Benefits: Cut Gouging and Inequities

Congress is still talking about a “Grand Bargain” that “balances” far more spending cuts than tax increases. That is another way of saying that you – the consumer of Medicare and Medicaid services, the recipient of Social Security, and the average taxpayer-will take the brunt of the spending cuts, while the wealthy get their income taxes restored, not raised, to their pre-Bush modest levels. Don’t buy it!

There are two ways to cut Medicare and Medicaid. The right wingers want to cut benefits. Consumers want to cut vendor fraud, the overcharging and the immense over-diagnosis, over-treatment and erroneous or unnecessary procedures and prescriptions documented so often by, among others, the Dartmouth Institute for Health Policy and Clinical Practice (http://tdi.dartmouth.edu/), Johns Hopkins University School of Medicine and the Harvard School of Public Health.

Dennis Kucinich: The Real Scandal Surrounding the Petraeus Resignation

The National Security Agency routinely collects 1.7 billion emails, phone calls and communications every single day. Any kind of digital communication can be recorded and stored. Where you were when you wrote an email, where the recipient was when it was read, the text of the message can all be stored in enormous facilities like the $2 billion dollar Utah Data Center which contains four 25,000 foot facilities containing rows of data servers. They have to pump 1.7 million gallons of fluid through the facility every day just to keep it from overheating.

The NSA doesn’t need a warrant to record your most private conversations. They have managed to circumvent our privacy laws because they define an “intercept” as a piece of information read by an agent. That means they don’t need authorization to record and save your information until someone decides they’d like to read it.

Richard (RJ) Eskow: The “Fiscal Cliff” Is a Hoax … and a Mel Brooks Routine

They’re dashing through the corridors of power in Washington with appropriately grim expressions this week. Congressional leaders are talking about the upcoming ‘fiscal cliff,’ which journalists are dutifully describing as a “looming crisis.”

In fact, if you do a Google News search for articles containing the words “fiscal cliff” and “looming” you’ll get 72,000 hits (as of Wednesday evening). We know because we tried it.

72,000 hits.

But nothing’s “looming.” Nothing. There’s just some language in a law Congress passed last year. If they don’t want it to happen they can un-pass that law. It’s a simple as that.

And do you want to know something? They don’t want it to happen.

The Fiscal Obstacle Course

Starting with Fiscal Cliff, Obama’s 2nd Term Rests on Organizing, Not Cheerleading

President Obama will open deficit reduction talks on Friday with a call for a $1.6 trillion tax hike on corporations and the wealthiest Americans over the next 10 years. Obama and House Speaker John Boehner are sitting down to avert the so-called “fiscal cliff” of expiring tax cuts and automatic spending reductions set to take effect at the end of the year. We’re joined by Guardian columnist Glenn Greenwald, who says the protection of “entitlement” programs will depend on action from Obama’s progressive supporters. “The question is: Will the Democratic Party, and specifically the progressive and liberal component of the Democratic Party, change its behavior from cheerleader, from blindly supportive, partisan apparatchiks … into some kind of a force where they actually fulfill their duties as citizens, which is to hold political leaders accountable?” Greenwald asks.

Transcript can be read here

Why Washington’s “Fiscal Cliff” is a Myth

by  Mattea Kramer and Chris Hellman, National Priorities Project

They don’t call it the “cliff” for nothing. It’s the fiscal spot where a nation’s representatives can gather and cry doom. It’s the place – if Washington is to be believed – where, with a single leap into the Abyss of Sequestration, those representatives can end it all for the rest of us.

In the wake of President Obama’s electoral victory, that cliff (if you’ll excuse a mixed metaphor or two) is about to step front and center. The only problem: the odds are no one will leap, and remarkably little of note will actually happen. But since the headlines are about to scream “crisis,” what you need to understand American politics in the coming weeks of the lame-duck Congress is a little guide to reality, some Cliff Notes for Washington.

As a start, relax. Don’t let the headlines get to you. There’s little reason for anyone to lose sleep over the much-hyped fiscal cliff. In fact, if you were choosing an image based on the coming fiscal dust-up, it probably wouldn’t be a cliff but an obstacle course – a series of federal spending cuts and tax increases all scheduled to take effect as 2013 begins. And it’s true that, if all those budget cuts and tax increases were to go into effect at the same time, an already weak recovery would probably sink into a double-dip recession.

But ignore the sound and fury. While prophecy is usually a perilous occupation, in this case it’s pretty easy to predict how lawmakers will deal with nearly every challenge on the president’s and Congress’s end-of-year obstacle course. The upshot? The U.S. economy isn’t headed over a cliff any time soon.

A peek at the obstacles ahead makes that clear. [..]

Among all the spending and tax changes in the queue, and all the hype around the cliff, the great unknown is whether it’s finally farewell to the Bush tax cuts for the wealthy. And that’s no perilous cliff. Letting those high-end tax cuts expire would amount to a blink-and-you-miss-it 0.003% contraction in the U.S. economy, according to Moody’s, and it would raise tens of billions of dollars in desperately-needed tax revenue next year. That’s no small thing when you consider that federal revenue has fallen to its lowest point in more than half a century. Ending these tax cuts for the wealthy would bring in cash to reduce deficits or increase funding for cash-starved priorities like higher education.

It’s impossible to say how Congress will come down on this final issue, though we do know how lawmakers will arrive at their decision. At least Congress is consistent. On this, as on all other matters in the fiscal obstacle course, it’s not the economy.

It’s the politics, stupid.

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