Tag: Politics

The Egyptian Game of Chicken: Morsi v. The Miltary

Egyptain Pres. MorsiJust before the last round of presidential elections in Egypt that put Muslim Brotherhood candidate Mohamed Morsi in office, the Egyptian Supreme Constitutional Court, which is still packed with the Mubarak regimes appointees, ruled that the parliamentary elections were invalid. The ruling military then dissolved the lower house until new elections could he held. Sunday, in defiance of the ruling, President Morsi decreed the the old parliament to reconvene until a new parliament was elected:

The move was the first in a series of decrees planned by Morsi against the military, according to Morsi’s former campaign media coordinator Sameh El-Essawy, a member of the Muslim Brotherhood’s Freedom and Justice Party. [..]

And hints of a deal seemed unlikely after Morsi’s decree, which stipulated that parliament reconvene and continue its duties until a new assembly is elected, scheduled for 60 days after Egypt drafts a new constitution. Morsi’s decree directly contradicts Scaf’s wishes, and underlines his determination to take control of the country’s executive.

Morsi’s decree is a reversal of the Scaf decision to dissolve parliament, not the SCC ruling that deemed it invalid, said El-Essawy. “He reversed the Scaf decision, using the same executive powers they had. He has not reversed the court ruling which he respects and that’s why a new parliament will be elected after the constitution,” he said.

The Egyptian Parliament reconvened for five minutes on Tuesday for just one vote:

The parliamentary speaker, Saad el-Katatny, convened a session of the lower house on Tuesday morning but it lasted only five minutes, during which time he stressed that parliament had the utmost respect for the law, and would do nothing to subvert it. MPs then voted that parliament would refer the matter of its ability to convene to the court of cassation in Cairo, and would not assemble until a judgment had been given.

As the drama was being played out, demonstrators against the dissolution of parliament gathered in Tahrir Square. Meanwhile, anti-parliament protesters congregated on the other side of town in the eastern district of Nasr City to voice their objection to its return.

Tuesday’s assembly was boycotted by a sizable number of liberal MPs while an independent MP, Mustafa Bakri, had already announced his formal resignation from parliament due to its unconstitutionality.

Then just hours after the chamber’s brief session, the Supreme Constitutional Court stepped in

“The Supreme Court has once again reiterated that the parliament is dissolved,” our correspondent said. “It’s the third decsion by them saying that Morsi’s decison to reinstate the parliament was illegal. They cannot say it in any more certain terms than that.”

“They’re saying that the parliament sessions cannot continue, which would mean legislative powers would stay in the hands of the armed forces – in this power struggle between the military and the president.” [..]

Lawyers representing Morsi criticised the court’s latest decision and said Tuesday’s ruling was a political move that would further complicate the crisis.

“This ruling is null and void,” lawyer Abdel Moneim Abdel Maqsud told reporters while another member of the team, Mamduh Ismail, called it a “political decision”. [..]

Morsi’s decree was hailed by those who want to see the army return to barracks, but it was criticised by those who fear an Islamist monopolisation of power as a “constitutional coup”.

As noted in an editorial in the Los Angeles Times, this is just the first of many confrontations between Morsi and the military:

In reconvening the People’s Assembly, Morsi insisted that he wasn’t flouting the decision of the court but rather reversing an executive action taken by the military council in the absence of a civilian president. Indeed, the overarching issue in this dispute is whether the armed forces are prepared to yield power to the elected representatives of the Egyptian people. [..]

To some extent, the military’s power – along with economic realities – may have inclined Morsi and the Muslim Brotherhood to a more pluralist and moderate course. But if the generals overplay their hand, they will lose popular support and antagonize Egypt’s allies, including the United States, which provides the military with $1.3 billion a year in assistance. Both Congress and the Obama administration have put the generals on notice that those funds are in jeopardy if the transition to democracy is thwarted. An attempt to shut down a reconvened parliament would be interpreted inside and outside Egypt as just such an obstruction.

So far, the Mohamed Morsi 0 – Egyptian Military 1.  

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: The Need to Agree to Agree

Taxes are supposed to be complicated and contentious. Yet, speaking from the White House on Monday, it took President Obama less than 15 minutes to make a strong and sensible case for letting the high-end Bush-era tax cuts expire at the end of 2012. Citing well-documented facts, he pointed out that tax cuts at the top have failed to promote economic growth and have blown a hole in the federal budget. [..]

In calling for cooperation from Congress, Mr. Obama said that the point is to “agree to do what we agree on”: extend the middle-class tax cuts. As a matter of fairness and responsible policy making, he said, the majority of Americans, and the broader economy, should not be held hostage again to another debate over the merits of tax cuts for the wealthy. [..]

The strength of Mr. Obama’s argument is unlikely to sway Republicans. But he’s right on fairness and the facts, and will, we hope, prevail in this debate.

Dean Baker: The Dirt on Erskine Bowles: The Tame Half of Bowles-Simpson

In recent weeks Alan Simpson, the foul-mouthed former senator, has apparently been sent to the sidelines. It seems that his inability to restrain his contempt for those who are now or will in the future be dependent on Social Security and Medicare makes him an undesirable spokesperson for the drive to cut back these programs. This means that Erskine Bowles, who was the other co-chair of President Obama’s deficit commission, will play a more visible role in pushing the cause.

While Mr. Bowles is clearly better able to control his temper and his vocabulary than Senator Simpson, those are not sufficient credentials for dictating the future shape of the Social Security and Medicare systems. Despite the deference accorded Bowles in elite Washington circles, in the rest of the country his background might be seen as more a source of embarrassment than a badge of honor.

Eugene Robinson: The GOP’s Crime Against Voters

Spare us any more hooey about “preventing fraud” and “protecting the integrity of the ballot box.” The Republican-led crusade for voter ID laws is revealed as a cynical ploy to disenfranchise as many likely Democratic voters as possible, with poor people and minorities the main targets.

Recent developments in Pennsylvania-one of more than a dozen states where voting rights are under siege-should be enough to erase any lingering doubt: The GOP is trying to pull off an unconscionable crime.

Late last month, the majority leader of the Pennsylvania House of Representatives, Mike Turzai, was addressing a meeting of the Republican State Committee. He must have felt at ease among friends because he spoke a bit too frankly.

Ticking off a list of recent accomplishments by the GOP-controlled Legislature, he mentioned the new law forcing voters to show a photo ID at the polls. Said Turzai, with more than a hint of triumph: “Voter ID, which is going to allow Governor Romney to win the state of Pennsylvania-done.”

Katrina vanden Heuvel: Krugman’s Manifesto for Economic Common Sense

Paul Krugman sounds frustrated. “You tend to think,” he told last month’s Netroots Nation conference, “that people who are demanding that we solve this [depression] quickly must be crazy idealists who are defying the wisdom of economic knowledge. But it’s actually the other way around. It’s actually the people in charge, who are refusing to end this thing quickly, who are ignoring the lessons of history and rejecting economic knowledge.”

Krugman’s consternation is easy to understand. While mainstream reporters rank gaffes and mainstream politicians demagogue the deficit, hard realities loom, against which elite discourse seems almost innocent. A rolling world economic crisis could easily lead to a Second Great Depression. The ongoing decline of middle-class wealth and income is steadily transforming the United States. The euro project and the European social welfare state both face collapse. Disorder spreads in the Middle East. China’s high-savings economic model breeds twin political and economic crises that could shake geo-economics for decades. And the thirty-year build-up of private-public debt in the Western world will require extraordinary measures to keep it from bringing down the global economy.

Amanda Marcotte: Why Attacks on Contraception Meet Success in Such a Pro-Contraception Culture

Another month in the ramped-up war on women, and another unfortunately successful attack on women’s access to contraception. The story of the North Carolina legislature defunding Planned Parenthood is remarkable mainly for the doggedness of the anti-choice faction, from the fact that it had to be done with an override of the governor’s veto to the fact that it was done late at night before a holiday. Never let it be said that North Carolina conservatives don’t take keeping affordable birth control out of the hands of women very seriously.

Occasions like this tend to cause pro-choicers not just to be sad about the setback, but also to despair of every gaining any ground. We live in a society where 95 percent of Americans have sex without being married first, contraceptive use is functionally universal, mainstream media largely portrays sex as an ordinary life (which it is), and formerly marginalized sexual identities are becoming more socially acceptable by the minute. You would think in such an environment, the gap between how we actually live and the sexual lives conservatives demand of us — sexual lives that are practiced by a vanishingly small  minority, so small that very few of the conservatives pushing this image actually live it –would be enough to overcome their efforts at slashing reproductive health care access. Attempts to force people to embrace abstinence or face very serious consequences should, logically, be seen as just as ridiculous as attempts to force people to abstain from going outside when the weather is nice or going to the movies.

Dave Zirin: Serena Williams and Getting ‘Emotional’ for Title IX

After Serena Williams won her fifth Wimbledon title in stunning fashion on Saturday, she was asked a familiar question on the tournament’s storied Centre Court. It’s a question that seems to be posited to every female athlete at every level of competition: “Was it difficult for you to control your emotions?”

It’s true that men are sometimes asked the “emotions” question but this is a question women athletes are always asked. It speaks to a broader sentiment that both predates and transcends the playing field: the idea that women are just too emotional, too hysterical, too mercurial, to be taken seriously in any walk of life. This runs so deeply in the marrow of US society, we rarely – unless male politicians are lobbying for involuntary vaginal ultrasounds – step back and comment on just how destructive it is.

Just How Hot Is It?

It’s been pretty hot across the United States with little rain crops are withering and wild fires rage throughout the West. There is no denying that this year has been really warm. Actually, it’s been warmer for a year now:

According to the NOAA National Climatic Data Center’s “State of the Climate: National Overview for June 2012” report released Monday, the 12-month period from July 2011 to June 2012 was the warmest on record (since recordkeeping began in 1895) for the contiguous United States, with a nationally-averaged temperature of 56.0 degrees, 3.2 degrees higher than the long-term average.

According to the report, every single state in the contiguous U.S. except for Washington saw warmer-than-average temperatures during this time period. The period from January to June of this year also has been the warmest first half of a year on record for the U.S. mainland.

For a large portion of the contiguous U.S., these first six months were also drier than average=Statewideprank&submitted=Submit]. The U.S. Drought Monitor showed that as of July 3, 56 percent of the contiguous U.S. is experiencing drought conditions. In June, wildfires burned over 1.3 million acres, the second most on record for the month.

We need to have better conversations about climate than having hacks like George Will pontificating that “it’s Summer” as though the evidence for change doesn’t exist. Or as The Washington Post columnist Joel Achenbach puts it, Global warming is a fact:

At some point we should stop litigating the basic question of whether climate change is happening. Climate change is a fact. The spike in atmospheric CO2 is a fact. The dramatic high-latitude warming is a fact. That the trends aren’t uniform and linear, and that there are anomalies here and there, does not change the long-term pattern. The warming trend has flattened out in the last decade but probably only because of air pollution from Chinese coal-fired power plants or somesuch forcing we haven’t fully discovered (smog is hardly the long-term solution we should be seeking). The broader patterns are clear.

Models show the greatest warming spike down the road still, decades hence. Thus in a sense, saying that “this is what global warming is like” whenever we have a heat wave actually understates the problem. Having spent much of my life in Florida, I can tell you, what kills you in summer is not the temperature but the duration of the season, which lasts basically forever – into November or even December in South Florida. So, yeah, 100 degrees in July gets my attention here in DC, but so will a stretch of 85-degree high temperatures in October.

This past Sunday, Chris Hayes on his MSNBC show “Up with Chris Hayes” hosted a panel that discussed the recent wave of extreme heat and it relationship to climate change. His guests were Bill McKibben (@billmckibben), author of “Eaarth: Making a Life on a Tough New Planet” and founder of 350.org, a global grassroots environmental movement to solve the climate crisis; Eric Klinenberg (@EricKlinenberg), professor of sociology at New York University and author of “Heat Wave: A Social Autopsy of Disaster in Chicago;” Thomas Mann co-author with Norman Ornstein of “It’s Even Worse Than It Looks: How the American Constitutional System Collided with the New Politics of Extremism“, a senior fellow for governance studies and the W. Averell Harriman Chair at the Brookings Institution; Joan Walsh (@joanwalsh), MSNBC political analyst and Salon’s editor-at-large; and Esther Armah (@estherarmah), playwright and author, host of “Wake Up Call” on WBAI-FM.

The Dragging US Economy

Austerity is not going well for Europe or the US.

U.S. Stocks Post Longest Slump in 1 Month on Europe Woes

by Rita Nazareth and Julia Leite

U.S. stocks fell, giving benchmark indexes the longest slump in more than a month, after a jump in Spanish bond yields above 7 percent intensified concern about Europe’s crisis and as investors awaited Alcoa (AA) Inc.’s results.

The Standard & Poor’s 500 Index slid 0.2 percent to 1,352.45 at 4 p.m. New York time, according to preliminary closing data, paring an earlier loss of as much as 0.6 percent. The benchmark index dropped 1.6 percent over three days.  [..]

Stocks joined a global slump as the yield on Spain’s 10- year bond rose above the threshold that prompted bailouts in Greece, Ireland and Portugal. German Finance Minister Wolfgang Schaeuble dismissed a rapid move toward direct bank recapitalization by the European rescue fund, limiting the tools for shoring up Spanish banks as the euro-area crisis simmers.

Stocks Retreat as Spanish 10-Year Bond Yield Exceeds 7%

By Stephen Kirkland and Rita Nazareth

U.S. stocks fell for a third day as Spain’s 10-year debt yield topped 7 percent, fueling concern the debt crisis is worsening, and investors awaited the start of the earnings season. Corn and soybeans surged on forecasts for more dry U.S. weather. Treasuries rose.

The Standard & Poor’s 500 Index slipped 0.2 percent at 4 p.m. in New York and the Stoxx Europe 600 Index fell 0.4 percent. Ten-year Spanish yields jumped 11 basis points to 7.06 percent after rising as high as 7.108 percent. The euro climbed 0.2 percent to $1.2319, rebounding from a two-year low of $1.2251. Corn rose as much as 5.8 percent and soybeans jumped to a four-year high. Oil added 1.8 percent to $85.99 a barrel and natural gas rallied as a strike threatened supplies from Norway.

E.U. Seeks to Dispel Doubts About Bank Bailouts

by Paul Geitner and Stephen Casstle

BRUSSELS – With borrowing costs for Spain and Italy climbing again to critical levels, European officials sought Monday to dispel doubts about a deal struck last month to break the “vicious circle” between shaky banks and weak governments.

Spain, suffering through its second recession in three years, was also expected to win more time to rein in its budget deficit even as euro zone finance ministers haggled in Brussels over terms of a bailout for its troubled banks.

Amid the unrelenting market pressure, the European Central Bank reaffirmed that it stood ready to do more to stem the crisis – within the limits of its mandate – while urging euro zone governments to press ahead with closer integration.

Even here in the US, the Federal Reserve admits that they may be reaching there limits on their ability to fix unemployment and are at odds as to what to do next.

Fed’s Lacker Says U.S. May Be Close to Maximum Employment

By Kathleen Hays and Jeff Kearns

Federal Reserve Bank of Richmond President Jeffrey Lacker said the U.S. may already be close to maximum employment from a monetary policy standpoint and that policy makers can’t do much more to cut the jobless rate.

“Given what’s happened to this economy, I think we’re pretty close to maximum employment right now,” Lacker said today in a Bloomberg radio interview on “The Hays Advantage” with Kathleen Hays and Vonnie Quinn. “That might be shocking. That might be surprising.”

Fed policy makers believe the U.S. central bank has limited control over the jobless rate because the employment level is driven by “non-monetary factors that affect the structure and dynamics of the labor market,” according to the January statement from the Federal Open Market Committee. The jobless rate was unchanged at 8.2 percent in June.

Lacker, who has dissented from all four FOMC decisions this year, is at odds with colleagues on what the Fed should do to boost the economy. He said in a June 22 statement that he opposed the FOMC’s $267 billion extension of its Operation Twist program because it may spur inflation and won’t give the economy a significant boost.

San Francisco Fed President John Williams said today the U.S. central bank must maintain “extraordinary vigilance” to see if the slowing economy requires additional monetary stimulus. “If further action is called for, the most effective tool would be additional purchases of longer-maturity securities, including agency mortgage-backed securities,” Williams said in a speech in Coeur D’Alene, Idaho.

While all the PTB debate how to save banks and the markets, the 99% are getting poorer putting an even bigger drag on the economy. For most the recession never ended.

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: Mitt’s Gray Areas

Once upon a time a rich man named Romney ran for president. He could claim, with considerable justice, that his wealth was well-earned, that he had in fact done a lot to create good jobs for American workers. Nonetheless, the public understandably wanted to know both how he had grown so rich and what he had done with his wealth; he obliged by releasing extensive information about his financial history.

But that was 44 years ago. And the contrast between George Romney and his son Mitt – a contrast both in their business careers and in their willingness to come clean about their financial affairs – dramatically illustrates how America has changed.

Simon Johnson: Banks’ Living Wills Don’t Defuse Systemic Risk

On July 3, the Federal Deposit Insurance Corp. and the Federal Reserve made public portions of the “living wills” developed recently by major U.S. financial institutions. The documents are the first suggestions from those organizations of what they believe should happen when insolvency looms.

The living wills were prepared in compliance with the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act and are a major step forward in terms of revealing how global megabanks are structured. Yet they are shockingly incomplete and flawed in one crucial aspect: They neglect to explain how cross- border assets and liabilities would be handled in different legal jurisdictions.

The plans should be rejected by officials and sent back to the banks to be revised. As these proposals now stand, they are a blueprint for further financial disaster, and additional taxpayer-backed bailouts.

New York Times Editorial: Cover-Ups, Justice and Reform

The guilty verdicts in two major child sex abuse cases, and the e-mails revealing the extent of the cover-up in one of the cases, the Penn State nightmare, could be more than just examples of justice delivered – if they provide impetus for new accountability and deterrence. [..]

Children who are sexually abused can take many years to speak about their ordeals, if they ever do. Much of the evidence for the cover-up in the Lynn case came from victims barred from bringing criminal charges or civil claims under the applicable statute of limitations.

Existing laws need to be recalibrated to make them more protective of children and less protective of adults who prey on them. In New York, Gov. Andrew Cuomo and state legislative leaders have failed to heed rising calls for such reforms. But some other jurisdictions are beginning to take action.

Robert Reich: The Wall Street Scandal of All Scandals

Just when you thought Wall Street couldn’t sink any lower — when its myriad abuses of public trust have already spread a miasma of cynicism over the entire economic system, giving birth to Tea Partiers and Occupiers and all manner of conspiracy theories; when its excesses have already wrought havoc with the lives of millions of Americans, causing taxpayers to shell out billions (of which only a portion has been repaid) even as its top executives are back to making more money than ever; when its vast political power (via campaign contributions) has already eviscerated much of the Dodd-Frank law that was supposed to rein it in, including the so-called “Volcker” Rule that was sold as a milder version of the old Glass-Steagall Act that used to separate investment from commercial banking — yes, just when you thought the Street had hit bottom, an even deeper level of public-be-damned greed and corruption is revealed.

Sit down and hold on to your chair.

Joe Conason: Defining American Exceptionalism

The Fourth of July is the birthday of American exceptionalism-originally, the idea cherished by the nation’s Revolutionary Founders that the practice of liberty, equality and democracy in these United States would kindle hope in a world downtrodden by every form of despotism, hierarchy and oppression.

Independence Day marked the determination of a new and diverse people to throw off the old yoke of hereditary rule, with all its attendant traditions of social and economic stratification. The Founders believed that America would inspire other nations as an ally and friend, rather than dominate them by force of arms or money. They did not regard their weak new republic as intrinsically superior or chosen by God to rule the world-but argued instead that the ideals of popular sovereignty and constitutional freedom represented the natural rights and the future of humanity everywhere.

Robert Parry: The Silence on Global Warming

Harrowing predictions of climate scientists are coming true, as glaciers melt, forests burn, heat waves proliferate and freakish weather strikes in unexpected places. But the propagandists of global-warming denial have succeeded in silencing most politicians and the mainstream press

Something called a “derecho” – a fast-moving line of thunderstorms – strikes the Washington area knocking out power for days. Massive forest fires ravage Colorado. A record heat wave covers much of the country. The U.S. press treats these events as major stories, but two words are rarely mentioned: “global warming.”

What has become most striking about the growing evidence that climate change is a clear and present danger – indeed an emerging existential threat – is the simultaneous failure of the U.S. news media to deal seriously with the issue, another sign of how the Right can intimidate the mainstream into going silent.

We have seen this pattern before, as the Right sets the media agenda by bullying those who threaten its ideological interests. Before the Iraq War, anyone who dared raise questions about the Bush administration’s justifications could expect to be marginalized or worse. Just ask Phil Donahue, Scott Ritter and the Dixie Chicks.

Rep. Barney Frank Marries Jim Ready

Rep. Barney Frank married his partner Jim Ready Saturday in Newton, MA. Mr. Frank met his husband at a fund raiser in 2005 and they started dating in 2007 after Mr. Ready’s longtime partner, Robert Palmer, passed away after a long illness. The modest ceremony took place in the Marriott hotel in Newton and was preformed by Massachusetts Gov. Deval Patrick. Guests included House Minority Leader Nancy Pelosi, Senator John Kerry and Representatives Dennis J. Kucinich and Steny H. Hoyer and other close friends and family of the grooms.

Mr. Frank, Democrat of Massachusetts, became, in 1987, the first sitting member of Congress to volunteer that he was gay. He is now the first to be married to a partner of the same sex. Both bridegrooms said they recognized the historical significance of the ceremony, which lasted less than five minutes. Gov. Patrick told the guests that Mr. Frank had requested that the service “be short and to the point.”

And in vows written by the couple, Mr. Frank and Mr. Ready pledged to love each other “on MSNBC or on Fox” and “in Congress or in retirement,” a reference to Mr. Frank’s decision not to seek another term. [..]

They had long discussions about marriage; Mr. Frank wanted to be married while still serving in Washington. Mr. Ready was worried about the public scrutiny. But he remembered how he felt in high school in Tewksbury, Mass., when Mr. Frank came out publicly.

“The kids that are going to see us, and feel strong enough to be able to come out and be who they are. That gives me more encouragement that I’m doing the right thing,” he said.

Their wedding bands were made of black diamonds set in tungsten, a metal used in welding. Mr. Ready picked the material. “It helps keep me grounded, after going to lunch with the president,” he said.

The wedding took place at a no-frills Marriott hotel in Newton. (Mr. Frank said he chose the location for ease of access.) The bridegrooms planned to wear tuxedos by Joseph Abboud, which Mr. Frank noted is a union shop.

Ms. Pelosi said at the reception on Saturday that it was appropriate that a landmark same-sex wedding take place around the Fourth of July. “It’s about expanding freedom,” she said. “This opportunity was a long time coming.”

We extend our best wishes and congratulations to Barney and Jim. Mazel Tov

In some other positive news for the LGBT community, the Episcopal Church has moved closer to allowing transgender men and women to be ordained as ministers:

INDIANAPOLIS (Reuters) – The U.S. Episcopal Church’s House of Bishops on Saturday approved a proposal that, if it survives a final vote, would give transgender men and women the right to become ministers in the church.

The House of Bishops voted at the church’s General Convention to include “gender identity and expression” in its “non-discrimination canons,” meaning sexual orientation, including that of people who have undergone sex-change operations, cannot be used to exclude candidates to ministry. [..]

The Episcopal Church, which has about 2 million members mostly in the United States, now allows gay men and lesbians to join the ordained ministry.

The resolutions on gender would allow transgender individuals access to enter the Episcopal lay or ordained ministries, and extend the overall non-discrimination policy to church members.

The resolutions must now be approved by the church’s House of Deputies.

Great news, indeed!

 

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 at 8 AM ET will be: Bill McKibben (@billmckibben), author of “Eaarth: Making a Life on a Tough New Planet” and founder of 350.org, a global grassroots environmental movement to solve the climate crisis; Eric Klinenberg (@EricKlinenberg), professor of sociology at New York University and author of “Heat Wave: A Social Autopsy of Disaster in Chicago“; Thomas Mann and Norman Ornstein, authors of “It’s Even Worse Than It Looks: How the American Constitutional System Collided with the New Politics of Extremism.” Mann is senior fellow for governance studies and the W. Averell Harriman Chair at the Brookings Institution. Ornstein is a resident scholar at the American Enterprise Institute; Joan Walsh (@joanwalsh), MSNBC political analyst and Salon’s editor-at-large; Esther Armah (@estherarmah), playwright and author, host of “Wake Up Call” on WBAI-FM; and Stephen Moore, Wall Street Journal editorial board senior economics writer, and the former president of the Club for Growth.

The Melissa Harris-Perry Show: Guest list was not announced at this time.

This Week with George Stephanopolis:”Nightline” co-anchor Terry Moran hosts “This Week” Sunday, as Maryland Gov. Martin O’Malley and Louisiana Gov. Bobby Jindal face off in a “This Week” debate on the economy and the 2012 election.

The roundtable debates all the week’s politics, with ABC News’ George Will; Washington Post columnist E.J. Dionne, author of the new book “Our Divided Political Heart: The Battle for the American Idea in an Age of Discontent;” PBS’ “Washington Week” moderator and managing editor Gwen Ifill; former Counselor to the Treasury Secretary and Obama administration Lead Auto Adviser Steven Rattner; and Mort Zuckerman, editor in chief of U.S. News & World Report.

Face the Nation with Bob Schieffer: Mr. Schieffer’s guest are Assistant Majority Leader Sen. Dick Durbin, D-Ill., and former Mississippi Gov. Haley Barbour, former Chairman of the RNC; Historian and author Doris Kearns Goodwin, Sports Illustrated‘s Frank Deford, MLB TV’s Harold Reynolds and ESPN’s Jayson Stark.

The political roundtable guests are CBS News political correspondent Jan Crawford, Chief White House Correspondent Norah O’Donnell and Political Director John Dickerson.

The Chris Matthews Show: This week’s guests are Joe Klein, TIME Columnist: S. E. Cupp, NY Daily News Columnist; Katty Kay, BBC Washington Correspondent; and Howard Fineman, The Huffington Post Senior Political Editor.

Meet the Press with David Gregory: Meet the Press will not air Sunday, July 8 due to NBC Sports coverage of the Tour de France. Instead, join ek hornbeck and I for the Live Blog of Le Tour Stage 8 here at The Stars Hollow Gazette

State of the Union with Candy Crowley: Ms. Crowleys guest this Sunday are Senate Minority Leader Mitch McConnell (R-SC); Obama Campaign Senior Adviser Robert Gibbs; former CBO director Douglas Holtz-Eakin and Mark Zandi, Chief Economist for Moody’s Analytics; and former New Jersey Senator Bill Bradley.

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

Joe Nocera: Libor’s Dirty Laundry

Here in the early stages of the Libor scandal – and, yes, this thing is far from over – there are two big surprises.

The first is that the bankers, traders, executives and others involved would so openly and, in some cases, gleefully collude to manipulate this key interest rate for their own benefit. With all the seedy bank behavior that has been exposed since the financial crisis, it’s stunning that there’s still dirty laundry left to be aired. We’ve had predatory subprime lending, fraudulent ratings, excessive risk-taking and even clients being taken advantage of in order to unload toxic mortgages. [..]

Which brings me to the second big surprise. Britain and America have reacted to the Libor scandal in completely different ways. Britain is in an utter frenzy over it, with wall-to-wall coverage, and the most respectable, pro-business publications expressing outrage. Yes, Barclays is a British bank, and the first word in Libor is “London.” But still: The Economist ran a headline about the scandal that read, in its entirety, “Banksters.”

Yet, on these shores, the reaction has been mainly a shrug. Perhaps we’re suffering from bank-scandal fatigue, having lived through Bank of America’s various travails, and the Goldman Sachs revelations, and, most recently, the big JPMorgan Chase trading loss. Or maybe Libor is just hard to gets one’s head around.

New York Times Editorial: The Square Off Over Jobs

There’s no solace in the employment report for June, released Friday. The economy added a paltry 80,000 jobs last month, leaving no doubt that the economy is slowing. In the past three months, the economy averaged 75,000 new jobs a month, compared with 226,000 in the prior three months. The jobless rate in June held steady at 8.2 percent, which is down from the recession peak of 10 percent in October 2009 but still very high.

Who is to blame?

How can it be fixed? [..]

The question then is why the recovery under Mr. Obama has not been stronger. Part of the answer lies beyond the control of any American politician, including the euro zone crisis and, more recently, the slowdown in China. But part is the result of obstructionist Republican politics, including the fiasco in 2011 over raising the debt ceiling, which dented confidence in Congress’s ability to steer the economy.

Richard (RJ) Eskow: Is Obama’s Corporate-Friendly Approach Really “How Liberals Win”?

Recently my friend and colleague Bill Scher challenged progressive critics of President Obama’s conciliatory approach toward corporations with a New York Times op-ed entitled “How Liberals Win.” Far from being “business as usual,” Bill writes, “the Supreme Court’s upholding of Mr. Obama’s health care law reminds us that the president’s approach has achieved significant results.” [..]

Sorry, Bill. I’m with those who have concluded that the Obama White House has failed, both pragmatically and politically, on a number of key progressive issues. In my view, believing otherwise requires an almost ahistorical view of liberalism. We can’t preemptively limit the definition of “liberal victory” to whatever corporate interests will allow.

Wherever the truth lies, the road ahead is clear: We can’t allow the radical right to take power this year. But we need to fight for results, not politicians, by building a mobilized and truly independent citizens’ movement.

Mark Weisbrot: Federal Government Can Restore Full Employment. If Only it Wanted to Do So

Three years after our worst recession since the Great Depression officially ended, the U.S. economy is still very weak.  The people most hurt by this weakness are the unemployed and the poor, and of course the two problems are related. We have about 23 million people who are unemployed, involuntarily working part-time, or have given up looking for work — nearly 15 percent of the labor force.  And poverty has reached 15.1 percent of the population;  amazingly, a level that it was at in the mid-1960s.

The first priority of the U.S. government should therefore be restoring full employment.  This is a relatively easy thing to do.  As Nobel laureate economist Paul Krugman aptly put it: “It’s like having a dead battery in a car, and while there may be a lot wrong with the car, you can get the car going remarkably easily, if you’re willing to accept that’s what the problem really is.”

Most economists are well aware what the problem really is, since it is so simple and basic.  The economy lost about $1.3 trillion in private annual spending when the real estate bubble burst in 2007, and much of that has not recovered. State and local governments continue to tighten their budgets and lay off workers.  If the federal government had simply funded these governments’ shortfalls, we would have another two million jobs today.

Ruslan Pukhov: Why Russia Is Backing Syria

MANY in the West believe that Russia’s support for Syria stems from Moscow’s desire to profit from selling arms to Bashar al-Assad’s government and maintain its naval facility at the Syrian port of Tartus. But these speculations are superficial and misguided. The real reason that Russia is resisting strong international action against the Assad regime is that it fears the spread of Islamic radicalism and the erosion of its superpower status in a world where Western nations are increasingly undertaking unilateral military interventions. [..]

To people in Moscow, Mr. Assad appears not so much as “a bad dictator” but as a secular leader struggling with an uprising of Islamist barbarians. The active support from Saudi Arabia, Qatar and Turkey’s Islamist government for rebels in Syria only heightens suspicions in Russia about the Islamist nature of the current opposition in Syria and rebels throughout the Middle East.

Finally, Russians are angry about the West’s propensity for unilateral interventionism – not to mention the blatantly broad interpretation of the resolutions adopted by the United Nations Security Council and the direct violations of those resolutions in Libya.

Drone “Pilots” Practice on Us.

A report in the New York Times by Mark Mazzetti, a national-security correspondent, revealed that the US trains drone “pilots” at Holloman Air Force Base in New Mexico  in air conditioned trailers, sitting in comfortable chairs while they practice targeting on civilian cars passing the base.

The base has been converted into the U.S. Air Force’s primary training center for drone operators, where pilots spend their days in sand-colored trailers near a runway from which their planes take off without them. Inside each trailer, a pilot flies his plane from a padded chair, using a joystick and throttle, as his partner, the “sensor operator,” focuses on the grainy images moving across a video screen, directing missiles to their targets with a laser.

Holloman sits on almost 60,000 acres of desert badlands, near jagged hills that are frosted with snow for several months of the year – a perfect training ground for pilots who will fly Predators and Reapers over the similarly hostile terrain of Afghanistan. When I visited the base earlier this year with a small group of reporters, we were taken into a command post where a large flat-screen television was broadcasting a video feed from a drone flying overhead. It took a few seconds to figure out exactly what we were looking at. A white S.U.V. traveling along a highway adjacent to the base came into the cross hairs in the center of the screen and was tracked as it headed south along the desert road. When the S.U.V. drove out of the picture, the drone began following another car.

“Wait, you guys practice tracking enemies by using civilian cars?” a reporter asked. One Air Force officer responded that this was only a training mission, and then the group was quickly hustled out of the room.

Good practice for the real thing right here at home.

Drone strike kills 19 ahead of US-Pakistan meeting in Tokyo

Air strike is first since Pakistan reopened Nato supply route to Afghanistan and comes just before crucial diplomatic meeting

The death toll from a US drone strike in Pakistan rose to 19 on Saturday, increasing tensions ahead of a meeting between secretary of state Hillary Clinton and her Islamabad counterpart.

Pakistani authorities increased the estimate from an initially reported 12 suspected militants who were killed in the attack in the Dattakhel region in North Waziristan on Friday. [..]

But the use of drones is highly controversial, with a large chunk of the Pakistani public – as well as human rights activists around the world – resenting their use due to the high number of non-military casualties.

Figures from the London-based Bureau of Investigative Journalism show that CIA drones stuck Pakistan 75 times in 2011, causing up to 655 fatalities.

The majority of those killed were alleged militants, but as many as 126 civilians also have lost their lives, the bureau’s figures suggest.

And just who makes the determination that these people are militants? Based on what “intelligence”? According to the Obama administration any male in the vicinity of an alleged militant is a militant as well. How convenient.  

Meanwhile their killers, pilots sit comfortable, get to go safely home to their families and the US saves money because it’s all done right here in the US.

Popular Culture 20120706: The Hateful American Family Association (With Poll!)

I am not ready to start a new, long series about music just yet, so tonight we shall discuss the hate filled, venom spitting American Family Association (AFA).  This is one of the most conservative, evangelical groups that exists and qualifies as being termed a hate group by the Southern Poverty Law Center.

I go back a very long time with the AFA.  When I lived in Arkansas, their radio stations were everywhere (as they are now) and they had also started a website, afa.net.  They also run a radical news organization, onenewsnow.com (ONN).  It is interesting that this could be pronounced either “one news now”, or “one new snow”.  I like the latter better because their “articles” are a big snow job for the most part.  It is ironic that ONN is also the acronym for Onion News Network, and their stories are often more realistic that the AFA ones are.  I commented on some of their news articles and drew the wrath of the son of the founder.  I wish I still had the emails that he sent me; they were mean spirited and nasty.

Before we get very far into this, let me make my philosophy clear.  I am not a believer in any religion, but I am not one of those “evangelical atheists” who want to make it difficult for believers.  I just do not think that public funds should be expended to promote any religion, regardless of what the particular religion is.  Likewise, I do not think that public funds should be expended to suppress any religion.  I am a live and let live sort of person, unless someone threatens me or my loved ones.  The AFA, in my estimate, threatens all of us who do not agree with them.

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