Tag: TMC Politics

Oct 10 2013

Congressional Game of Chicken: The “Creators” of the “American Taliban” Losing Control

The business community is worried that they no longer have any influence over the Republican Party and place the blame for this current crisis squarely on the Tea Party faction of the House.

As the government shutdown grinds toward a potential debt default, some of the country’s most influential business executives have come to a conclusion all but unthinkable a few years ago: Their voices are carrying little weight with the House majority that their millions of dollars in campaign contributions helped build and sustain.

Their frustration has grown so intense in recent days that several trade association officials warned in interviews on Wednesday that they were considering helping wage primary campaigns against Republican lawmakers who had worked to engineer the political standoff in Washington.

Such an effort would thrust Washington’s traditionally cautious and pragmatic business lobby into open warfare with the Tea Party faction, which has grown in influence since the 2010 election and won a series of skirmishes with the Republican establishment in the last two years. [..]

In the two previous battles over the debt limit, many chief executives were reluctant to take sides, banding together in groups like Fix the Debt, which spent millions of dollars on a campaign urging Democrats and Republicans to work toward a “grand bargain” on the budget. But with shutdown a reality, and the clock ticking toward default, some of those same executives now place the blame squarely on conservative Republicans in the House.

The handful of Tea Party extremists, who believe that it’s OK to crash the world’s economy for their ideology, are out of control and unreasonable, not that they ever weren’t. But now the creators of this American version of Al Qaeda are scared. Yeah, they are scared. When you have the Koch brothers writing letters (pdf) to the US Senate insisting that the company was not involved in any ploy to shut down the government in efforts to defund Obamacare and Heritage Action, an arm of the Koch bothers’ Heritage Foundation, telling the House to raise the debt ceiling, you know they’re rattled.

Michael Needham, CEO of the powerful group Heritage Action, said that he opposed conditioning a crucial vote to increase the government’s borrowing authority on the group’s main goal: defunding Obamacare.

Under questioning at a breakfast with reporters, hosted by the Christian Science Monitor, Needham, a product of the Stanford Business School, conceded that failure to raise the debt ceiling would indeed disrupt the global economy. [..]

That could give Obama and House Speaker John Boehner (R-Ohio) at least a smidgen of room to maneuver if and when they decide to strike an overall deal: the White House could get a “clean” debt ceiling vote (though of short duration) and the GOP could get a concession or two on the continuing resolution to fund the government’s annual spending.

Taking the cue, the reluctant leader of the pack, House Speaker John Boehner (R-OH, House Majority Leader Eric Cantor (R-VA))and other members of the GOP leadership are meeting this afternoon at the White House to discuss a short term solution to raise the debt ceiling but not ending the government shutdown

Republican House leaders Thursday offered the president and Senate far less than they want in the ongoing financial standoff, presenting a six-week hike of the debt limit, but no deal to reopen the shuttered federal government.While the plan would grant six more weeks before the nation faces the chance of a default, it is contingent on the president agreeing to give up one of his key stances — that he will not sit down and negotiate until the government is reopened and the House stops using the $16.7 trillion debt limit as a lever to extract concessions. The limit is expected to be reached Oct. 17.

Nope, says the White House:

“The President has made clear that he will not pay a ransom for Congress doing its job and paying our bills,” an administration official said in a statement.

“It is better for economic certainty for Congress to take the threat of default off the table for as long as possible, which is why we support the Senate Democrats’ efforts to raise the debt limit for a year with no extraneous political strings attached,” the official continued, adding that Obama still want a straight up-or-down vote on a measure that the Senate passed to reopen government.

“Once Republicans in Congress act to remove the threat of default and end this harmful government shutdown, the President will be willing to negotiate on a broader budget agreement to create jobs, grow the economy, and put our fiscal house in order,” the official said. “While we are willing to look at any proposal Congress puts forward to end these manufactured crises, we will not allow a faction of the Republicans in the House to hold the economy hostage to its extraneous and extreme political demands. Congress needs to pass a clean debt limit increase and a funding bill to reopen the government.”

This doesn’t sound very promising. Boehner’s problem is that unless he violates the Hastert Rule and goes the House Minority Leader Nancy Pelosi (D-CA) and the Democrats for help, there is no way he can get a clean debt ceiling bill to the House floor. Boehner is betting the faith and credit of the US on Obama agreeing to his terms. The president is betting that Boehner will be forced to cave, abandon the Hastert Rule, and put a clean debt ceiling bill up for a vote.

Reid and Obama are also unsure whether Boehner can actually push his proposal through the House in the first place. They aren’t convinced hard-line conservatives and tea party aligned House Republicans won’t balk, forcing Boehner to turn to House Democrats for support. But any Democratic support would be tied to reopening the government.

Here’s the House GOP plan, and the thinking behind it: Republicans would vote to lift the debt ceiling until Nov. 22 – just before the Thanksgiving recess – while prohibiting the Treasury Department from using extraordinary measures to lift the borrowing limit. The legislation will also set up a negotiation over the borrowing cap and government funding. At this time, there are no spending cuts attached to the legislation. There is also no vote scheduled.

The game of chicken continues leaving not just the average American at great risk but putting the business community at loggerheads on who to fund to represent them in the long run. This game will have consequences. Question is for whom? And how dire?  

Oct 10 2013

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 thea Pundits”.

Follow us on Twitter @StarsHollowGzt

Joseph E. Stiglitz: Five Years in Economic Limbo

When the US investment bank Lehman Brothers collapsed in 2008, triggering the worst global financial crisis since the Great Depression, a broad consensus about what caused the crisis seemed to emerge. A bloated and dysfunctional financial system had misallocated capital and, rather than managing risk, had actually created it. Financial deregulation – together with easy money – had contributed to excessive risk-taking. Monetary policy would be relatively ineffective in reviving the economy, even if still-easier money might prevent the financial system’s total collapse. Thus, greater reliance on fiscal policy – increased government spending – would be necessary.

Five years later, while some are congratulating themselves on avoiding another depression, no one in Europe or the United States can claim that prosperity has returned. The European Union is just emerging from a double-dip (and in some countries a triple-dip) recession, and some member states are in depression. In many EU countries, GDP remains lower, or insignificantly above, pre-recession levels. Almost 27 million Europeans are unemployed.

Janet Tavakoli: President Obama Might Ask Who Benefits From U.S. Debt Default

Bloomberg News’ Yalman Onaran wrote an article on Monday about the disaster that would unfold if we don’t raise the debt ceiling and the U.S. has a technical default by missing an interest payment on U.S. Treasuries. James Kochan’s quote summed up my feelings: “Well, holy cripes!” It has never happened in modern history and would be a disaster greater than the September 2008 financial crisis.

China and Japan combined own $2.4 trillion in U.S. Treasuries, and they are understandably upset with the U.S. about the possibility of a technical default.

Most of the financial press has focused on how awful a technical default would be, and who is upset. But our leaders might ask a different question. Who are the reprobates that are cheering for the possibility of a technical default on the U.S.? Who stands to gain? Who might be happy to set off this financial bomb?

Richard (RJ) Eskow: Millions of Jobs, Trillions of Dollars: We Can’t Afford the Republican Right

Journalists are understandably captivated by the government shutdown and the looming confrontation over the debt ceiling. Those are certainly dramatic stories. But another, quieter drama has been playing out for years in homes and communities across the country, as millions of jobs and trillions in wealth have been lost to Republican economic folly.

Now the Republicans are doing their best to make things even worse. Their budget stance offends many Americans’ sense of morality, since they’re asking poor and middle-class Americans to subsidize the luxuries of the wealthy and the profits of powerful corporations.

But in the end the country may reject their ideology for an even simpler reason: We can’t afford it anymore.

Mary Bottari: Dear WWII Vets, Forget About the Monument, They Are Gunning for Your Social Security

Apparently the only thing both Democrats and Republicans can agree on in Washington, DC, is that they can’t deal with bad press involving Honor Flight vets.

This led to absurd images of Republicans-who had shut down the federal government, including all monuments and museums-rushing to “aid” veterans shut out by monument closures. In the most revolting display, Rep. Randy Neugebauer (R-CA) publicly berated a National Park Service Ranger for a situation created entirely by Congress.

As the government shutdown marches on and the dangerously real deadline of the federal debt limit approaches, it is increasingly clear that the fight over “Obamacare” is merely an opening salvo. The real goal of the hostage takers is a “Grand Bargain” on the budget that would include cuts to Social Security and Medicare.

Richard Reich: Republican Crazy Talk About the Debt Ceiling

“I would dispel the rumor that is going around that you hear on every newscast, that if we don’t raise the debt ceiling, we will default on our debt,” says Sen.Tom Coburn, R-Okla. “We won’t. We’ll continue to pay our interest.”

This is crazy talk. While the Treasury Department could prioritize interest payments after October 17 — the day the Treasury Department says it no longer has legal authority to pay the nation’s debts — and not pay Social Security and Medicare, this would buy a few days at most.

Meanwhile, interest rates will soar, stock prices will plummet, the global economy will begin spiraling downward, and millions of Americans wouldn’t receive their Social Security and Medicare.

Gary Young: Ted Cruz, Obamacare circus performer

His pseudo-filibuster over defunding the ACA was doomed to fail, yet the Tea Party sees him as a lion. In truth, he’s a clown

Ted Cruz’s filibuster to prevent the implementation of Obamacare with the threat of shutting down the government has all the hallmarks of the “noble defeat” of southern Democrats from the mid-sixties onward. He is not so much opposing healthcare reform as protesting its inevitability.

Lest there be any confusion, I am not arguing Cruz is in any way a supporter of segregation or admirer of the late Wallace in his darker days. The comparison relates to his strategy, not his specific intent. It is in Cruz’s buffoonery, showmanship and tactical disingenuousness that he poses now as Wallace in drag.

Oct 09 2013

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 thea Pundits”.

Wednesday is Ladies’ Day.

Follow us on Twitter @StarsHollowGzt

Katrina vanden Heuvel: Mitch McConnell’s moneyocracy

For a man who has spent his entire career preaching the gospel of lower taxes, it’s astounding how much Mitch McConnell wants your money.

Sen. McConnell’s zeal is impressive, but not surprising. He’s about to enter the most difficult election of his career – and he’s going to need every last penny. [..]

Today, the Supreme Court hears McCutcheon v. FEC, in which Shaun McCutcheon, a GOP activist and businessman from Alabama, is seeking to overturn the Federal Election Commission’s limit on biennial campaign contributions to federal candidates. But even that’s not good enough for McConnell – he wants the court to throw out campaign contribution limits entirely, and his lawyers have been given time during oral arguments to present this view.

Rebecca Solnit: The Age of Inhuman Scale: On the ‘Bigness’ of Climate Change

Late last week, in the lobby of a particularly unglamorous downtown San Francisco building, a group of passionate but polite activists met with a bureaucrat who stepped forward to hear what they had to say about the fate of the Earth. The activists wanted to save the world.  The particular part of it that might be under their control involved getting the San Francisco Retirement board to divest its half a billion dollars in fossil fuel holdings, one piece of the international divestment movement that arose a year ago.

Sometimes the fate of the Earth boils down to getting one person with modest powers to budge.

The bureaucrat had a hundred reasons why changing course was, well, too much of a change. This public official wanted to operate under ordinary-times rules and the idea that climate change has thrust us into extraordinary times (and that divesting didn’t necessarily entail financial loss or even financial risk) was apparently too much to accept.

Nina Perkowski: No Accident: Why Have 19,142 Died at Europe’s Frontiers?

The recent deaths off the coast of Lampedusa are a gruesome consequence of EU border and immigration control policies that follow the logic of security and restrictionism over human rights and international maritime law

October 3rd, 2013 will go down as one of the deadliest days at the European external borders in decades. 363 people are now thought to have died in one single, tragic incident early that Thursday morning. And while the continuous, everyday deaths of migrants and refugees in the Mediterranean are met by silence, the magnitude of this ‘blood bath’ spurred the Italian and international media to report on it widely. [..]

Last week’s catastrophe is the latest in a series of incidents that have left 19,142 people dead over the last 24 years, 13 of whom died only three days earlier close to a Sicilian beach. 19,142 lives are lost – and that includes only reported and documented deaths. Many others, having died and disappeared at sea, will never be part of these statistics. Giusi Nicolini, mayor of Lampedusa, made it explicit: we are witnessing war-like levels of death at Europe’s frontiers. In Pope Francis’ words, ‘this is a disgrace’. It is a disgrace for a political union that proclaims itself as a defender of human rights in the world. And that, at the same time, invests millions of Euros in restrictionist policies and practices that leave migrants and refugees little choice other than relying on smuggling networks, undertaking life-threatening journeys, and entering the European Union ‘illegally’.

Michele Chen: When Federal Contracts Turn Into Corporate Welfare

Where does the corporate bottom line end and the public interest begin? Through the voodoo economics of federal contracting, Washington’s “partnerships” with private corporations have drained the public trust straight into the pockets of top corporate executives. [..]

Federal contractors are currently subject to a very loose limit on the amount of an executive’s salary that can come directly from federal subsidies: about $763,000. Extrapolating from survey data on the top contractor executive salaries fromthe Government Accountability Office, Demos estimates the aggregate share of public money that is ultimately funneled into executive pay at $23.9 billion.

Rose Ann DeMoro: Heroic Fight by Sutter Nurses Shows That Workers Can Fight and Win

In a political and economic climate so heavily influenced by Wall Street, corporate CEOs, and extremists like those who shut down the government in an effort to block even the modest reforms of the Affordable Care Act, it’s sometimes hard to remember that it is still possible for nurses and working people to fight and win.

Well, thank goodness for the 3,000 RNs, and a few hundred techs, who work at Sutter hospitals and facilities in Northern California. They have just delivered an emphatic message to nurses and other workers everywhere. Stand up for yourselves, stand up for the public interest and the public will be with you and you can prevail.

Zoë Carpenter: Domestic Violence Shelters Struggle to Stay Open During Shutdown

Consider the government shutdown an extension of the GOP’s efforts to cut essential services to American women and their families. Now in its eighth day, the government shutdown has already kicked 7,000 children out of Head Start, and endangered 9 million women and children on WIC, including 2,000 newborns in Arkansas that may not receive nutritional formula if the shutdown persists.

Add women fleeing domestic violence and sexual assault to the list of vulnerable populations that the shutdown puts at greater risk. On Friday, a domestic violence program in DC called Survivors and Advocates For Empowerment with an intake center just blocks from the Capitol announced that it needed to raise $19,000 in a week in order to provide shelter, emergency lock changes at victims’ homes, staff for the hotline and court advocates during the shutdown.

Oct 09 2013

Obama to Nominate Yellen to the Fed Chair

In the midst of the government shutdown and looming debt ceiling crisis, it was announced from the usual anonymous White House sources, that President Barack Obama will name the Federal Reserve’s vice chair, Janet Yellen, as his nominee to succeed Chairman Ben Bernanke.

The announcement by president Barack Obama is scheduled for 3pm EST on Wednesday, the White House said. Both Yellen and the current Fed chair, Ben Bernanke, are expected to attend.

The nomination ends a long public debate about Obama’s choice for Fed chairman. Yellen has long been seen as the frontrunner to succeed Bernanke, who is set to step down early next year. But she faced stiff opposition from former Treasury secretary Lawrence Summers who had strong support within the Obama administration. If approved by the Senate, she would be the first woman to head the central bank in its 100-year history.

The president was left with few choices after his “favorite” and “best bud’ Larry Summers was forced to withdraw because of fierce criticism from just about everyone, including Wall Street, except White House insiders. Larry was just not going to happen.

That said, while Ms. Yellen is going to be the first female head of the Federal Reserve (another glass ceiling broken), she is hardly that different policy-wise from Summers.

What We Really Should be Yellin About When it Comes to Who Runs the Fed

by priceman

Effective regulation, and on that note, it is a positive thing that the Summers of our discontent can finally be laid to rest. After all the damage Larry Summers has caused in being one of the architects of this crisis, from boxing in Brooksley Born and ignoring her warnings with regard to derivatives which brought down Long Term Capital Management during the Clinton administration, to his sexism among everything else. He has now thankfully taken himself out consideration for the job.

It’s a good thing he did. Rather than fighting for something or someone that helps people suffering from this economic crisis, President Obama strongly recommended and fought for Larry Summers to be Chairman of the Federal Reserve, a guy who lost a billion dollars as President of Harvard betting on interest rates. Yeah, let that sink in for awhile.

It’s really not OK. This is why making excuses for everything the President does, as too many Democrats do without thinking of the damage, is dangerous, immoral, and unprincipled. Now it looks like the front runner to replace Ben Bernanke as Chairman of the Federal Reserve is going to be Vice Chairwoman of the Board of Governors of the Federal Reserve System and once President and Chief Executive Officer of the Federal Reserve Bank of San Francisco, Janet Yellin. Unlike Larry Summers, she at least saw the crisis coming as early as 2005.

Be Careful What You Ask For

The progressive Democrats of the Senate got Larry Summers to withdraw from consideration for chair of the Federal Reserve over the weekend. So now they’re yellin’ for Yellen. Well, folks Janet Yellen the current vice chair of the Federal Reserve is just the distaff version of Larry minus the misogyny.

Huffington Post’s senior political economy reporter Zach Carter gives a rundown of Ms. Yellen’s policy history before and during her tenure as chair of Council of Economic Advisers in the Clinton administration. During that time she backed the repeal of the landmark Glass-Steagall bank reform, supported the 1993 North American Free Trade Agreement and pressured the government to develop a new statistical metric intended to lower payments to senior citizens on Social Security. Yes, dears, that last one would be an earlier version of the Chained CPI.

Oct 08 2013

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 thea Pundits”.

Follow us on Twitter @StarsHollowGzt

Sean Wilenz: Obama and the Debt

THE Republicans in the House of Representatives who declare that they may refuse to raise the debt limit threaten to do more than plunge the government into default. They are proposing a blatant violation of the 14th Amendment, which states that “the validity of the public debt of the United States, authorized by law” is sacrosanct and “shall not be questioned.”

Yet the Obama administration has repeatedly suppressed any talk of invoking the Constitution in this emergency. Last Thursday Jay Carney, the White House press secretary, said, “We do not believe that the 14th Amendment provides that authority to the president” to end the crisis. Treasury Secretary Jacob J. Lew reiterated the point on Sunday and added that the president would have “no option” to prevent a default on his own. [..]

These assertions, however, have no basis in the history of the 14th Amendment; indeed, they distort that history, and in doing so shackle the president. In fact, that record clearly shows that Congress intended the amendment to prevent precisely the abuses that the current House Republicans blithely condone.

Dean Baker: Republicans Are Shutting Down the Government Because They Want to Stop Obamacare

It is widely reported that the Republicans are looking for a face-saving way to back down from the standoff they created on the budget and the debt ceiling. According to these news accounts, this route could involve another stab at the “grand bargain,” a deal that includes some tax increases and cuts to Social Security and Medicare.

This prospect should inspire outrage beyond the fact that it would make the Republicans huge winners coming from a disastrous losing position. (Polls show that shutting down the government to keep people from getting health care is not a popular position.) That’s an issue for political junkies; the more important point is that millions of seniors who are already struggling would be asked to make further sacrifices for basically no reason whatsoever.

Dave Johnson: If Dems Give In, Social Security And Medicare Will Be Future Hostages

Remember how Republicans “won” the 2000 election? Remember how they tricked the country into going to war in Iraq? They used non-democratic means to get what they couldn’t get legitimately, and it worked, so they did it more. They got used to getting their way using bullying, so they did it more. Now it’s flat-out hostage-taking. And they’re doing it more. [..]

They continue these tactics because it is getting them what they – and the billionaires and giant corporations who fund them – want. They do it because it works. And then they do it again, because it worked.

Here’s the thing about this budget “standoff.” If Democrats or President Obama give in again, Social Security and Medicare will certainly be targets, sooner than later. What else?

Josh Silver: Supreme Court Contemplates More Political Bribery Amidst Shutdown

This Tuesday, the U.S. Supreme Court hears oral arguments in McCutcheon v. FEC, a case that challenges the $123,200 “aggregate limit” on how much one donor may give to a combination of political candidates, parties and PACs. Welcome to the age of government shutdowns, $7 billion elections, and a blatantly pay-to-play Congress with the lowest approval rating of all time at just 10 percent. Amidst this madness, you would have to be a fool or a scoundrel to think it’s a good idea to increase the money flowing into American politics. The current aggregate limit is already nearly two and a half times the average income of an American family. [..]

And once again the American people are trapped in the middle of what is portrayed in the media as an ideological fight between conservatives and progressives. Look a little closer, and you see that cash is driving the debate a lot more than ideology in the latest chapter in modern American politics.

Robert Sheer: Racism and Cruelty Drive GOP Health Care Agenda

Why anyone who claims to be pro-life would want to deny health care to single mothers is an enduring mystery in the morally mischievous ethos of the Republican Party. But the exclusion of a working poor population that skews disproportionately black in the South is simply a continuation of the divide-and-conquer politics that have informed Republican strategy since Nixon.

The game plan of gutting the Affordable Care Act despite its passage into law and before its positive outcomes are demonstrated can be traced to a “blueprint to defunding Obamacare” initialed by the GOP conservative leadership under the aegis of Heritage Action for America. Ironically that is the political front of the Heritage Foundation, the leading GOP think tank that is credited by some architects of Obamacare as the initial inspiration of their health care program. The difference is that whereas the Heritage Foundation was pushing a mild health care reform based on increased profit for private insurers, as in the plan Mitt Romney introduced in Massachusetts, the Republicans object to the provisions in this president’s program that broaden access for the needy.

Eugene Robinson: Server Crashes Prove the ACA Is Here to Stay

While Republicans were throwing their silly tantrum, Obamacare became a fact. There is no turning back.

The point of no return was reached when millions of people crashed the websites of the new Affordable Care Act exchanges trying to buy health insurance. Republicans can fight rear-guard battles if they want, but last Tuesday they lost the war. All they can do at this point is harm the nation-and their own political prospects.

Someday, if the GOP captures the presidency and both houses of Congress, President Obama’s health care law could be altered or even repealed. But it would be replaced by some new program that does the same thing, because there is no politically viable way to snatch away the medical insurance that customers are buying through the exchanges.

Oct 08 2013

TPP: Obama’s Trojan Horse

The government shutdown and the threat of default on debt payments kept President Barack Obama from attending the recent round of talks on the Trans-Pacific Partnership (TPP). The president has hopes that it will be finished by the end of the year. Major corporations are urging the Pres. Obama not to “water down” the agreement which would put billions in their pockets sucking more money from the 99%, creating an even bigger income gap around the world. The TPP, which has been negotiated in secret since the Bush administration, would prioritize corporate rights over the rights of consumers and workers. In June, Rep. Alan Grayson was allowed to read the text of the TPP, that he described as “an anti-American power grab by big corporations”

The TPP is a large, secret trade agreement that is being negotiated with many countries in East Asia and South America.

The TPP is nicknamed “NAFTA on steroids.”  Now that I’ve read it, I can see why. I can’t tell you what’s in the agreement, because the U.S. Trade Representative calls it classified. But I can tell you two things about it.

1)    There is no national security purpose in keeping this text secret.

2)    This agreement hands the sovereignty of our country over to corporate interests.

3)    What they can’t afford to tell the American public is that [the rest of this sentence is classified].

(Well, I did promise to tell you only two things about it.)

I will be fighting this agreement with everything I’ve got. And I know you’ll be there every step of the way.

Besides this agreement being labeled a secret except for the business insiders who are negotiating it, the corporations want Congress to “fast track” it’s approval which the president the ability to put an accord before lawmakers for an up-or-down vote. This would assure that the TPP would pass without congressional oversight. However, some lawmakers are balking, at not only fast tracking the agreement, but the agreement itself:

A growing chorus of lawmakers is calling for trade negotiators to address issues including currency manipulation, food-safety standards and competition with state-backed industries as the administration seeks “fast-track” authority to smooth eventual passage of the Trans-Pacific Partnership.

“I oppose fast-track authority like what we have had in the past,” Representative Rosa DeLauro, a Connecticut Democrat, said on a conference call today with reporters. “We are not just here to rubber stamp what gets done” by trade negotiators, she said. [..]

Negotiations are “being done without sufficient input from members of Congress,” DeLauro said. Lawmakers should have more of a say because the TPP is a 21st century agreement that goes beyond traditional tariff deals, she said. The TPP would entail issues including environmental protection, Internet trade, access to medicines and market access for small businesses.

A bipartisan group of 60 senators — a bloc big enough to sink a trade accord — on Sept. 24 urged the administration to include provisions to prevent currency manipulation in U.S. free-trade agreements.

Lori Wallach, director of Public Citizen’s Global Trade Watch, joined Democracy Now!‘s Amy Goodman and Juan González to discuss how this corporate “Trojan Horse” would rewrite US laws and regulation

While the text of the treaty has been largely negotiated behind closed doors and, until June, kept secret from Congress, more than 600 corporate advisers reportedly have access to the measure, including employees of Halliburton and Monsanto. “This is not mainly about trade,” says Lori Wallach, director of Public Citizen’s Global Trade Watch. “It is a corporate Trojan horse. The agreement has 29 chapters, and only five of them have to do with trade. The other 24 chapters either handcuff our domestic governments, limiting food safety, environmental standards, financial regulation, energy and climate policy, or establishing new powers for corporations.“

The Electronic Freedom Foundation is fighting the fast tract of this agreement and calling for open congressional hearings.

President Obama was scheduled to meet with the leaders of the other eleven countries negotiating the Trans-Pacific Partnership agreement ahead of the Asia-Pacific Economic Cooperation (APEC) meeting in Bali, supposedly to plan the “end-game” for this massive trade deal. However, he has made a sudden decision to cancel his trip, claiming that this was a casualty of the government shutdown. Obama’s announcement adds to the impression that goal of completing TPP at APEC has become unobtainable and reveal how precariously the negotiations are going.

There are reports that the remaining TPP country leaders who will be attending the APEC meeting will still be convening “with the aim of hammering out a framework.” As we’ve also previously mentioned, smaller issue-specific intersessional meetings have also grown more frequent and gone even further underground. So while the news of his trip getting cancelled is indeed welcome news, the TPP still could be signed even as its contents remain hidden from the public.

They also have  website “Why the Heck Should I Care About the TPP?” which lets you click through different facts about the agreement and how it will impact us as users.

We here at Stars Hollow and Docudharma urge you to take action and demand Congress exercise their Constitutional authority to oversee the U.S. trade negotiations.

Oct 07 2013

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 thea Pundits”.

Follow us on Twitter @StarsHollowGzt

Paul Krugman: The Boehner Bunglers

The federal government is shut down, we’re about to hit the debt ceiling (with disastrous economic consequences), and no resolution is in sight. How did this happen?

The main answer, which only the most pathologically “balanced” reporting can deny, is the radicalization of the Republican Party. As Thomas Mann and Norman Ornstein put it last year in their book, “It’s Even Worse Than It Looks,” the G.O.P. has become “an insurgent outlier – ideologically extreme; contemptuous of the inherited social and economic policy regime; scornful of compromise; unpersuaded by conventional understanding of facts, evidence and science; and dismissive of the legitimacy of its political opposition.”

But there’s one more important piece of the story. Conservative leaders are indeed ideologically extreme, but they’re also deeply incompetent. So much so, in fact, that the Dunning-Kruger effect – the truly incompetent can’t even recognize their own incompetence – reigns supreme.

Richard (RJ) Eskow: Republicans Discover Government, Promptly Convene ‘Imperial Congress’

Picture a lone Republican running through the darkened hallways of power, paraphrasing Soylent Green‘s climactic line as he shouts the news to his peers:

“It’s people! The Federal government is people!”

That insight seemed to strike Hill Republicans last week, if only briefly: Our government is made up of people helping other people. But don’t count on seeing a new era of conciliation or a new embrace of democratic processes. Instead Republicans seemed to renew their commitment to the principle that only one branch of government — their branch — should control it.

Call it the Imperial Congress, and this week it tried to invent a new form of governance.

Michael Smerconish: What Do Socialists Think of Obamacare?

You know who should be angry about Obamacare? Real socialists. The tea party opponents of the Affordable Care Act promised them a government incursion that the new law does not deliver.

Think back to the rallies of 2009 and 2010. All those signs mocking President Obama with the word socialist emblazoned upon them were as common as Gadsden (“Don’t Tread on Me”) flags. But the health-care exchanges that launched Tuesday bear no resemblance to what Merriam-Webster defines as “a way of organizing a society in which major industries are owned and controlled by the government rather than by individual people and companies.”

And actual socialists have noticed.

E. J. Dionne Jr.: The Tea Party’s Last Stand

If the nation is lucky, this October will mark the beginning of the end of the tea party.

It is suffering from extreme miscalculation and a foolish misreading of its opponents’ intentions. This, in turn, has created a moment of enlightenment, an opening to see things that were once missed.

Many Republicans, of course, saw the disaster coming in advance of the shutdown. But they were terrified to take on a movement that is fortified by money, energy and the backing of a bloviating brigade of talk-show hosts. The assumption was that the tea party had become invincible inside the GOP.

Robert Kuttner: What if Obamacare Is Popular?

Public opinion seems to be moving against the Republicans. The question is no longer whether they will continue their suicidal gambit but when they will cave and on what terms.

Weirdly, by threatening to shut the government unless Obama killed the Affordable Care act, they got the opposite of what they sought. The rest of the government is closed, and Obamacare is open for business.

And, while Republicans and movement conservatives have spent the better part of a year demonizing Obama’s health reform, the more people become familiar with it, the more people will appreciate it — leaving the Republican alarmism with no clothes.

Michael Winship: Playing Chicken with Food Safety

The other day there was this guy in a chicken suit on Pennsylvania Avenue protesting outside the White House. Silly, but the reason the chicken and other demonstrators had crossed the avenue was to deliver a petition of more than half a million names, speaking out against new rules the US Department of Agriculture wants to put into effect – bad rules that would transfer much of the work inspecting pork and chicken and turkey meat from trained government inspectors to the processing companies themselves. Talk about putting the fox in the henhouse! [..]

Add to this the controversy over growth-enhancing drugs and hormones, the danger of genetically modified foods, the cruelty of big business factory farms: how can measures like these sound like good ideas to anyone other than those who would put profits above public health? It’s called “runaway capitalism,” and the time has come to stop this free market fundamentalism gone amok.

It’s enough to make you sick.

Oct 06 2013

Punting the Pundits: Sunday Preview Edition

“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

The Sunday Talking Heads:

Up with Steve Kornacki: Guests had not yet been posted.

This Week with George Stephanopolis: The guests on ” This Week” are  House Speaker John Boehner (R-OH); Sen. Charles Schumer (D-NY); and Rep. Mick Mulvaney (R-SC).

THe guests for the roundtable debates on all the week’s politics are: with ABC News’ Jonathan Karl and Cokie Roberts; Wall Street Journal editorial page editor Paul Gigot; Starfish Media Group CEO Soledad O’Brien; and former Lead Auto Adviser and Counselor to the Treasury Secretary Steven Rattner.

Face the Nation with Bob Schieffer: Mr. Schieffer’s guests are Treasury Secretary Jacob Lew; Sen. John Cornyn (R-TX); and Israeli Prime Minister Benjamin Netanyahu.

Joining him for a panel discussion are PBS’ Gwen Ifill; The Washington Post‘s Dana Milbank; POLITICO‘s Jim VandeHei; and CBS News Political Director John Dickerson.

Meet the Press with David Gregory: The guests on this week’s MTP are Treasury Secretary Jack Lew and Sen. Rand Paul (R-KY).

Guests for the panel discussion are Chair of the Congressional Black Caucus Rep. Marcia Fudge (D-OH); Republican strategist Mike Murphy; Host of NPR’s Morning Edition, Steve Inskeep; and editor of the National Review, Rich Lowry.

State of the Union with Candy Crowley: Ms. Crowley’a guests are Treasury Secretary Jack Lew; and Sen. Ted Cruz (R-TX).

Joining her for a panel discussion are Rep. Donna Edwards, Rep. Steve King, CNN crossfire host Stephanie Cutter and CNN Political Commentator Ross Douthat.

Oct 05 2013

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 thea Pundits”.

Follow us on Twitter @StarsHollowGzt

New York Times Editorial Board: Now Republicans Want a ‘Dialogue’

Republicans are now simply flailing. Because they lack any plausible explanation for their irresponsible conduct in creating and prolonging the government shutdown, they are inventing new demands by the hour.

“Defund Obamacare!” they cried at the beginning, stating their condition for reopening the government. Then they moved to delaying health care reform, delaying the individual mandate and repealing one of the health care law’s taxes. Then they started talking about another grand bargain on the budget, tax reform and entitlement cuts. When nothing worked, they simplified their ransom note, saying President Obama and the Democrats had to sit down with them and negotiate something, or anything.

Charles M. Blow: A Terrible, Tragic Game

Speaker John Boehner barked Friday about the government shutdown: “This isn’t some damn game.” Speaker John Boehner barked Friday about the government shutdown: “This isn’t some damn game.”

The House leader was responding to an anonymous “senior administration official” who was quoted in a Wall Street Journal article, saying: “We are winning. … It doesn’t really matter to us’ how long the shutdown lasts ‘because what matters is the end result.’ ” [..]

That said, the speaker is wrong once again. This unfortunately is a game. It’s a game that he allowed himself to be pushed into playing and one he can find no easy way out of. It’s a game in which he thought the president would blink. But President Obama is staring straight ahead, wide-eyed like a long-haul trucker at 3 in the morning. This is a game in which the speaker cared more about keeping his job than about keeping the American government running, the people who work for it and those who depend on it.

It is most definitely a game, a terrible, tragic game that House Republicans are playing in the People’s House.

Gail Collins: Frankenstein Goes to Congress

Our question for today is: Why don’t the Republicans just throw in the towel? Really, this is not going well for anybody.  

Lots of reasons. There’s Senator Ted Cruz of Texas, the General Patton of the government shutdown. And people like the Republican in the House who said he and his colleagues “have to get something out of this. And I don’t know what that even is.” Also, Ted Cruz. [..]

But here’s my long-term theory. Over the past few years, Republicans have terrified their most fervent followers about Obamacare in order to disguise the fact that they no longer knew what to say about their old bête noir, entitlements. Now they can’t turn the temperature down.

Joe Nocera: A Fracking Rorschach Test

A few weeks ago, a group of scientists led by David T. Allen of the University of Texas published an important, peer-reviewed paper in the Proceedings of the National Academy of Sciences. The subject was our old friend hydraulic fracturing – a k a fracking – that infamous process that allows companies to drill for natural gas trapped in shale formations deep below the earth’s surface.

Thanks to the fracking boom, America is on the verge of overtaking Russia as the world’s largest producer of oil and gas, as The Wall Street Journal pointed out a few days ago. Supporters of fracking (like me) tend to focus on the economic and foreign policy blessings that come with being able to supply so much more of our energy needs in-house, as it were. Critics, however, fear that fracking could have grave environmental consequences. And they worry that the abundance of natural gas will keep America hooked on fossil fuels.

Ralph Nader: Giant Pentagon Budget Is Unauditable Year After Year

The federal government is currently in a state of shutdown thanks to a small faction of extremist Republicans who vehemently bellow that the Affordable Care Act (ACA) will have a catastrophic economic effect on our country. These members of Congress are so irrational about the ACA that they have caused the furlough of nearly 800,000 federal workers — some of whom handle vitally important tasks such as safety inspections, monitoring our food supply and detecting epidemic outbreaks. Congress, however, has failed to address the worst excesses in the federal budget — the bloated, highly wasteful military budget. More than half of federal discretionary spending now goes to the military budget. Many more taxpayer dollars are devoted to the Department of Defense than to the critical needs of our citizenry, including the flawed Obamacare which should be replaced with single payer — full Medicare for all.

Unfortunately, curbing the worst excesses of an out-of-control military industrial complex is not a front burner issue for the 40 or so Tea Party Republicans currently stomping their feet in Congress about health care reform. Instead, Senator Ted Cruz (R-TX), who has recently emerged as the de-facto leader of the opposition to Obamacare, has accused his opponents in Congress of “holding the military hostage” by not giving in to the demands of the extremists in his party.

Mark Weisbrot: President Obama’s Defeats May Turn Out to Be More Important Than His Likely Victory Over Republicans

Looking past the shutdown and budget battle, the big picture is that America’s four decade-long drift to the right is decisively over

If we step back a moment from the government shutdown – an assault on millions of federal workers and people who need the services of the national government at this time – and the Republicans’ over-hyped and largely empty threat to trigger a default on the national public debt, there are more significant recent political developments that will continue long after this damaging political theater is over.

President Obama was twice defeated last month on matters of national and international importance, by grassroots opposition and resistance from within his own party. The first was over his planned bombing of Syria; the second was over his attempt to appoint Larry Summers as chair of the Federal Reserve.

Oct 04 2013

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 thea Pundits”.

Follow us on Twitter @StarsHollowGzt

Paul Krugman: Reform Turns Real

At this point, the crisis in American governance has taken on a life of its own. Some Republicans are now saying openly that they want concessions in return for reopening the government and avoiding default, not because they have any specific policy goals in mind, but simply because they don’t want to feel “disrespected.” And no endgame is in sight.

But this confrontation did start with a real issue: Republican efforts to stop Obamacare from going into effect. It’s long been clear that the great fear of the Republican Party was not that health reform would fail, but that it would succeed. And developments since Tuesday, when the exchanges on which individuals will buy health insurance opened for business, strongly suggest that their worst fears will indeed be realized: This thing is going to work.

New York Times Editorial Board; A Population Betrayed

It is outrageous that millions of the poorest people in the country will be denied health insurance because of decisions made mostly by Republican governors and legislators. These people will neither qualify for their state’s Medicaid program for the poor nor for subsidized coverage on new insurance exchanges that are being established in every state by the health care reform law.

Their plight is a result of the Supreme Court’s decision last year that struck down the reform law’s mandatory expansion of Medicaid and made expansion optional. Every state in the Deep South except Arkansas has rejected expansion, as have Republican-led states elsewhere. These 26 states would rather turn down incredibly generous federal funds that would finance 100 percent of the expansion costs for three years and at least 90 percent thereafter than offer a helping hand to their most vulnerable residents.

Richard (RJ) Eskow: The GOP’s Shutdown Tab: One Billion Dollars and Counting

Forty million dollars an hour. A third of a billion every day. $1.6 billion every week. That’s a conservative estimate of the money Republicans are wasting by keeping the federal government closed down. And if pundits like Sean Hannity have their way, they’ll run up a much larger tab before this is all over.

But then, if there’s one thing Republicans know how to do it’s run a tab.

The bill has already come to roughly $1 billion as of today (Thursday), and it grows larger every moment the government stays shut down. Republicans in Congress recently voted to cut $4 billion per year from programs that feed the needy. In two and a half weeks they’ll have wasted more than that on their shutdown.

George Zorncik: Congressional Liberals Mobilize to Keep Social Insurance Out of Shutdown Talks

We’ve seen this movie before: Republicans force a showdown in Congress over funding the government, the debt ceiling or, in the present case, both. Then a “grand bargain” is proposed to solve the impasse-one that includes serious reductions to social insurance programs.

That’s just how the GOP would like the current drama to play out. Wednesday, National Review‘s Robert Costa reported that House Speaker John Boehner and Representative Paul Ryan are rallying nervous Republicans by telling them that while Obamacare may not end up getting defunded, GOP leadership is cooking up another big budget deal that includes cuts to the safety net so cherished by many conservative members. “It’s the return of the grand bargain,” one member told Costa. “Ryan is selling this to everybody; he’s getting back to his sweet spot,” said another.

In particular, Costa mentioned Chained CPI as one component of the emerging proposal. This, you may recall, is a cut to Social Security benefits dressed up as a ostensibly “more accurate” recalibration of the formula used to adjust benefits to inflation. (It’s not.)

Amy Jones: The Forgotten War

Will the U.S. still be meddling in Afghanistan 30 years from now?  If history is any guide, the answer is yes.  And if history is any guide,  three decades from now most Americans will have only the haziest idea why.

Since the 1950s, the U.S. has been trying to mold that remote land to its own desires, first through an aid “war” in the midst of the Cold War with the Soviet Union; then, starting as the 1970s ended, an increasingly bitter and brutally hot proxy war with the Soviets meant to pay them back for supporting America’s enemies during the war in Vietnam.  One bad war leads to another.

Ralph Nader: Congressional “Mad Dogs” Render the Powerful Powerless

SHUTDOWN – blared the Washington Post headline. None of the powers-that-be could stop a small faction of Republicans in the House of Representatives from shutting down many federal government operations starting on October 1.

Suddenly the powerful Business Roundtable and U.S. Chamber of Commerce are powerless, along with two hundred corporate trade associations, who see Uncle Sam as their big customer. Suddenly, the Republican dominated National Governors Association, together with Mitt Romney, the Party’s presidential nominee in 2013, are powerless. Also powerless so far are the allegedly sovereign people, who want uninterrupted safety inspections, enforcement of labor and environmental laws, children’s nutrition and educational programs (like Head Start), student loan processing, veterans benefits, detection of epidemics, access to national parks, and inspections of nuclear power plants.

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