Tag: TMC Politics

Punting the Pundits

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

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

Wednesday is Ladies’ Day

Katrina vaden Heuvel: A consensus we can’t afford

“Why can’t we all get along?” The iconic question has become the fixation of much of Washington’s chattering class. David Brooks and Thomas Friedman censure President Obama for blowing the “Grand Bargain” or not embracing the recommendations of Alan Simpson and Erskine Bowles, co-chairs of the deficit reduction commission. Self-proclaimed bipartisan efforts – No Labels, Americans Elect – call for putting aside partisan squabbles and electing moderates who can get things done.

All this chatter leaves out one thing – any sense of reality. The old bipartisanship, such as it was, was built on the postwar economy that worked for everyone. Top-end taxes were at 90 percent, providing the resources to invest in essential programs such as the interstate highways, the Marshall Plan that rebuilt Europe, the G.I. bill and housing subsidies that educated a generation and built the suburbs.

Laura Flanders: Raising Kids Is Work? Tell That to Women on Welfare

For all the shameful sucking up to multimillionaire mom Ann Romney after Democratic pundit Hilary Rosen accused her of never having worked “a day in her life,” the reality is neither Republicans nor Democrats treat most parenting as work, and thousands of poor women are living in poverty today as living proof of that fact.

Do we need to state the obvious? Women of different classes are beaten with different rhetorical bats. For the college-educated and upwardly aspiring, there’s the “danger” of career ambitions. Ever since women started aspiring to have men’s jobs, backlashers have told those women that they’re enjoying their careers at the expense of their kids’ well being. They really can’t have it all. They’ll raise monsters, or worse, they’ll grow old on the shelf. Remember the Harvard/Yale mob that made headlines with a “study” showing that unmarried women over thirty had a slimmer chance of matrimony than they had of being taken out by a terrorist? Susan Faludi took them apart in Backlash! But the evil spawn of that story still circulate. The media still love stories about stay-at-home moms and professional women are still punished for wanting to succeed. For the poor, though, it’s very different.

Michelle Chen: The Boss Man Cometh: Through State Tax Breaks, Employers Pilfer Workers’ Earnings

As you file your taxes this week, before complaining about how much you’re forking over to Uncle Sam, bear in mind that the tax man might not be the only one you’re writing a check to: Your boss might be getting a big cut, too.

Thanks to arcane state tax subsidies, thousands of companies have fattened their profit margins by poaching from workers’ paychecks. According to a report by the watchdog group Good Jobs First, nearly $700 million in taxpayer money is being siphoned off by corporations annually through clever deals with state governments that are supposedly aimed at “job creation.”

According to the report, the tax breaks allow companies to effectively skim money from workers’ state income tax withholdings “to provide lavish subsidies to corporations rather than paying for vital public services.” The beneficiaries include “more than 2,700 companies, including major firms such as Sears, Goldman Sachs and General Electric.”

Diane Roberts: The Republicans Who Want Ignorance to Get Equal Time in Schools

Education is the new Republican enemy. No more free thinking and empirical evidence, just the Bible, rumour and Fox News

Not content with merely waging war on women, Republicans are targeting another enemy of conservatism: education. New Hampshire state Republican Jerry Bergevin recently railed against science and the atheist eggheads who call themselves teachers: “I want the full portrait of evolution and the people who came up with the ideas to be presented. It’s a world view and it’s godless.”

While New Hampshire didn’t end up passing Bergevin’s anti-evolution law, Tennessee did. Its new statute allows – even encourages – teachers to express scepticism toward, as the bill says, “scientific subjects, including, but not limited to, biological evolution, the chemical origins of life, and global warming”. The American Institute of Biological Sciences, the National Earth Science Teachers Association, the National Centre for Science Education and all eight of Tennessee’s members of the National Academy of Sciences oppose the new law, calling it “miseducation”. But what do these no ‘count heathen elitist PhD Darwinites know? The government of Tennessee wants you to know they ain’t kin to no monkey.

Donna Smith: Fool’s Gold: US Healthcare System Cheats Patients

In case any one of us needs reminding, the profit-driven healthcare system in America is broken. Driven by its primary motivation to make money, there is little that compels those currently in control to care about patients like you and me. We are most assuredly a necessary component of the healthcare market – they cannot make any money without us – but we are treated like children to be seen and not heard.

The vast majority of us cannot access or pay for the care we need without health insurance coverage through either a private, for-profit health insurance company or through a government program for which we qualify. A small minority of people can afford to pay for care outright with cash or credit.

Allison Kilkenny: Occupy Unveils ‘Spring Awakening’

During the long winter months, Occupy protesters kept reassuring those of us in the media still covering their actions that the spring would prove to be a time of resurgence for Occupy Wall Street. If the “Spring Awakening” meet-up at Central Park this past weekend is any indication of future turnouts, OWS organizers may be correct in their predictions.

Hundreds of protesters gathered at New York City’s most famous park, an inspired location that placed Occupy in the heart of tourist alley, guaranteeing the group’s activities attracted the attention of curious passersby.

Deborah James: Rewriting the Rules of the Global Economy

To start understanding what’s wrong with the international financial institutions (IFIs), we need to look at why we actually need economies to function. The most important economic issues to most people are whether they are able to get decent jobs and whether they are able to lift themselves out of poverty.

In writing the rules for economies, the International Monetary Fund (IMF) and WTO (World Trade Organization) are major proponents of neoliberal ideology. That ideology is based on the theory that slashing government spending, reducing tariffs, privatizing public resources, and promoting corporate investment will result in higher economic growth, and that this will eventually result in a reduction in poverty because a rising tide lifts all boats. This contrasts with more progressive viewpoints that focus on reducing inequality by investing in health care, education, and opportunities for the poor.

“A Queer and Present Danger”

Cross posted from Docudharma

Our friend and community member, Robyn’s friend Kate Bornstein was a guest in MSNBC’s the Melissa Harris Perry Show to discuss LGBT and, specifically Transgender issues, with Ms. Perry and a panel comprised of LGBT community activist, organizers and one potential politician. It was a major topic this week since when the Obama administration decide not to issue an executive order that would ban LGBT discrimination by contractors hired by the Federal government.

Amand Terkel and Sam Stein for the Huffington Post: White House Punts On Executive Order Banning Contractors From LGBT Discrimination

WASHINGTON — The Obama administration on Wednesday decided not to move forward with an executive order prohibiting workplace discrimination among federal contractors that is a top priority for the LGBT community.

“While it is not our usual practice to discuss Executive Orders that may or may not be under consideration, we do not expect that an Executive Order on LGBT non-discrimination for federal contractors will be issued at this time,” a senior administration official told The Huffington Post. “We support legislation that has been introduced and we will continue to work with congressional sponsors to build support for it.”

The decision is a blow to LGBT activists who had huddled with administration officials at the White House earlier in the day to discuss the status of the executive order. That meeting featured White House senior adviser Valerie Jarrett along with officials from the Human Rights Campaign, Center for American Progress, National Gay and Lesbian Task Force and other groups.

There is currently no federal law that bars public and private employers from discriminating against workers on the basis of sexual orientation and gender identity, although pushing for passage of the Employment Non-Discrimination Act (ENDA) — which the administration supports — remains a top goal of the LGBT community. But with a reluctant Congress, many activists believed that their best hope of securing protections would be through an executive order from the president. Such an executive order has been endorsed by 72 members of Congress.

Joining Melissa Harris Perry are author Kate Bornstein, Mara Keisling, executive director of for the National Center for Transgender Equality, and Mel Wymore, a Democratic candidate for the New York City Councilas they discuss gender identity and discrimination against the LGBT community.

Being Transgender in America

Earlier this year the Obama administration issues a rule for the Department of Housing and Urban Development to end discrimination against LGBT Americans. Kai Wright of [Colorlines.com ] joins the Melissa Harris Perry panelists as they discuss how to access the Obama administrations non-discrimination policies that encompass sexual orientation and gender identity.

Obama housing rule prohibits LGBT discrimination

Another “Hero” Fails

I supported Eric Schneiderman in his run for NY state AG in hopes he would carry on the legacy of Eliot Spitzer as the “sheriff of Wall St.” I was wrong, he sold out for whatever reasons, as did NY’s current governor Andrew Cuomo. In the article by Matt Stoller at naked capitalism, (a good analysis of NY AG Schneiderman), the comments about Clinton, Obama, Democrats and the alleged 2 party system would get them all banned from certain pro Obama/”Democratic” web sites.

Just a sample:

“Yeah, when ya get promoted from shaved ape and get sworn in as a human being, one of the things you do have to sign up for is the Torture Convention. This is true of everyone. Commit torture, condone torture, acquiesce to torture, and you are, in the technical legal terminology, hostis humani generis, enemy of all mankind. So in what parallel universe could notional “good Democrats” exist in a party whose leader, Barack Obama, openly violated Articles 12 and 16 of The Convention Against Torture?”

“It is quite amazing how the left-most Democrats on economic issues, like Schneiderman and Elizabeth Warren, casually support massive war crimes.

Look what Schneiderman and Warren support: massive secret wars in over 100 countries, drones that kill far more innocent than targets, cluster bombs, assassination lists, obscene rules of engagement that allow for the targeting of civilians, proxy wars, massive media manipulation and propaganda, and legalized torture.

The Democrats have surpassed even the Nazi party in their extremism!

Right now, in fact, the Democrats are aiding and abetting a criminal act of aggression against Syria (even down to the level of NGOs like MoveOn and Avaaz possibly supporting terrorism).”

“But…but…if Obama isn’t re-elected, then Mitt Romney will, uh… he’ll, uh… well, I guess he’ll do exactly the same things. But he’ll be a Republican, you see!”

The comments about Bill Clinton are equally scathing;

And what exactly did Clinton accomplish ? Repeal Glass-Steagall ? Undo the New Deal ? Start a private debt bubble that led to our current depression ?

But getting back to Schneiderman. He sold out, crossed over to the dark side. He went from being a hero to being a sellout. He’s got nuthin.

Don’t forget Clinton negotiated a deal to cut Social Security, which was only stopped by the Lewinsky scandal.

You forgot….in addition to eliminating Glass Steagall, Clinton also passed that wonderful “job creator” NAFTA…..remember?

But wait! That’s not all! From Slick Willie-for the same low, low bribe – you also got the Telecom Act, aka Rupert Murdoch Monopoly Act. And for a limited time, while supplies last, lobbyists will pay all your shipping and handling charges.

According to Common Cause: “…the Telecom Act failed to serve the public and did not deliver on its promise of more competition, more diversity, lower prices, more jobs and a booming economy.

“Instead, the public got more media concentration, less diversity, and higher prices.

“Over 10 years … cable rates have surged by about 50 percent, and local phone rates went up more than 20 percent.”

As WEB Dubois said in 1956 when he announced, I will not vote “:

In 1956, I shall not go to the polls. I have not registered. I believe that democracy has so far disappeared in the United States that no “two evils” exist. There is but one evil party with two names, and it will be elected despite all I can do or say. There is no third party.

I am nearly to that point. If there is no other choice but evil. I will not vote.

Ignoring Latin America: The War on Drugs

In the failed “War on Drugs”, President Obama appears to be standing alone in his refusal to consider the alternative to the “zero tolerance” policy which has been an abject failure, that has cost thousands of lives, imprisoned millions, mostly minorities for minor offenses, and cost billions of dollars. At the recent Summit of the Americas in Colombia, demands by the leaders of Latin American countries for exploring the option of legalizing drugs and institutional regulations are being dismissed by Pres. Obama.

Is it time to end America’s ‘war on drugs’?

With demand for drugs increasing and drug-related violence worsening, we ask if it is time to reassess drug policies.

Drug addiction in the vast majority of countries is a very serious public health problem. Drug trafficking continues to be the principle financier of violence and terrorism. Colombia and many other countries in the region believe it is necessary to begin a discussion, an analysis of this issue, without judgment and without dogmas, and look at the different scenarios and the possible alternatives to confronting this challenge with the greatest effectiveness.

Juan Manuel Santos, the Colombian president

John Walker at Just Say Now: Obama Dismisses Latin American Leaders’ Calls for Drug Legalization in Colombia

With the total failure of the drug war causing many Latin American political leaders to publicly question the wisdom of prohibition, President Obama was forced to repeatedly address the issue this weekend at the Summit of the Americas in Cartagena, Colombia. Unfortunately, Obama did his best to quickly dismiss the topic with incoherent excuses. From the LA Times:

   Facing calls at a regional summit to consider decriminalization, Obama said he is open to a debate about drug policy, but he believes that legalization could lead to greater problems in countries hardest hit by drug-fueled violence.

   “Legalization is not the answer,” Obama told other hemispheric leaders at the two-day Summit of the Americas.

   “The capacity of a large-scale drug trade to dominate certain countries if they were allowed to operate legally without any constraint could be just as corrupting, if not more corrupting, than the status quo,” he said.

This is simply an absurd defense of prohibition. If drugs were legalized and regulated like any other product, the business running them would be operate like any other legal business such as beer breweries, pharmaceutical makers, car manufacturers, alcohol distillers, dairies, etc. While corporations can and sometimes do have a corrupting influence over a nation’s politics, the idea that the level of corruption and violence from a legal business would ever be on the scale that we see with the cartels in the illicit drug trade doesn’t pass the laugh test.

‘War on drugs’ has failed, say Latin American leaders

Watershed summit will admit that prohibition has failed, and call for more nuanced and liberalised tactics

Otto Pérez Molina, the president of Guatemala, who as former head of his country’s military intelligence service experienced the power of drug cartels at close hand, is pushing his fellow Latin American leaders to use the summit to endorse a new regional security plan that would see an end to prohibition. In the Observer, Pérez Molina writes: “The prohibition paradigm that inspires mainstream global drug policy today is based on a false premise: that global drug markets can be eradicated.”

Pérez Molina concedes that moving beyond prohibition is problematic. “To suggest liberalisation – allowing consumption, production and trafficking of drugs without any restriction whatsoever – would be, in my opinion, profoundly irresponsible. Even more, it is an absurd proposition. If we accept regulations for alcoholic drinks and tobacco consumption and production, why should we allow drugs to be consumed and produced without any restrictions?”

He insists, however, that prohibition has failed and an alternative system must be found. “Our proposal as the Guatemalan government is to abandon any ideological consideration regarding drug policy (whether prohibition or liberalisation) and to foster a global intergovernmental dialogue based on a realistic approach to drug regulation. Drug consumption, production and trafficking should be subject to global regulations, which means that drug consumption and production should be legalised, but within certain limits and conditions.” [..]

Fernando Henrique Cardoso, former president of Brazil and chairman of the global commission on drug policy, has said it is time for “an open debate on more humane and efficient drug policies”, a view shared by George Shultz, the former US secretary of state, and former president Jimmy Carter.

This is a discussion that is long past due.

Punting the Pundits

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

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

The New York Times Editorial: Embarrassed by Bad Laws

A year ago, few people outside the world of state legislatures had heard of the American Legislative Exchange Council, a four-decade-old organization run by right-wing activists and financed by business leaders. The group writes prototypes of state laws to promote corporate and conservative interests and spreads them from one state capital to another.

The council, known as ALEC, has since become better known, with news organizations alerting the public to the damage it has caused: voter ID laws that marginalize minorities and the elderly, antiunion bills that hurt the middle class and the dismantling of protective environmental regulations.

Joe Nocera: Turning the Tables on Russia

Who knew that what corrupt Russian officials care about, more than just about anything, is getting their assets – and themselves – out of their own country? They own homes in St. Tropez, fly to Miami for vacation and set up bank accounts in Switzerland. They understand the importance of stashing their money someplace where the rule of law matters, which is most certainly not Russia. Besides, getting out of Russia is one of the pleasures of being a corrupt Russian official.

As it turns out, a man named William Browder knows this. As does Senator Benjamin Cardin, a Democrat from Maryland. As do plenty of other senators, on both sides of the aisle.

Chris Hedges: First They Come for the Muslims

Tarek Mehanna, a U.S. citizen, was sentenced Thursday in Worcester, Mass., to 17½ years in prison. It was another of the tawdry show trials held against Muslim activists since 9/11 as a result of the government’s criminalization of what people say and believe. These trials, where secrecy rules permit federal lawyers to prosecute people on “evidence” the defendants are not allowed to examine, are the harbinger of a corporate totalitarian state in which any form of dissent can be declared illegal. What the government did to Mehanna, and what it has done to hundreds of other innocent Muslims in this country over the last decade, it will eventually do to the rest of us.

Eugene Robinson: Which Mitt will we get?

It’s all over but the shouting – or, in this case, the polite applause: Mitt Romney is going to be the Republican presidential nominee. But which Mitt Romney? Will it be Mitt One or Mitt Two?

This is not an inconsequential question. Mitt One is a fiscally conservative, socially moderate, Wall Street-style Republican who believes in compromise to get things done. Mitt Two is a far-right zealot who accuses Democrats of trying to impose godless socialism and claims that what hangs in the balance this fall is nothing less than liberty itself.

We’ve seen a lot of Mitt Two during the primary campaign. Competing against Rick Santorum, a genuine far-right zealot, and Newt Gingrich, a master of rhetorical excess, Romney strove mightily to convince the GOP’s activist base that he could be every bit as doctrinaire as his opponents.

Chase Madar: What the Laws of War Allow

Anyone who would like to witness a vivid example of modern warfare that adheres to the laws of war-that corpus of regulations developed painstakingly over centuries by jurists, humanitarians, and soldiers, a body of rules that is now an essential, institutionalized part of the U.S. armed forces and indeed all modern militaries-should simply click here and watch the video.

Wait a minute: that’s the WikiLeaks “Collateral Murder” video!  The gunsight view of an Apache helicopter opening fire from half a mile high on a crowd of Iraqis-a few armed men, but mostly unarmed civilians, including a couple of Reuters employees-as they unsuspectingly walked the streets of a Baghdad suburb one July day in 2007.

Frank Bruni: … And Love Handles for All

What if we have it backward? What if the 310-pound man trying to jam into the middle seat and the 225-pound woman breaking into a sweat only halfway up the stairs aren’t the undisciplined miscreants of modern American life but the very emblems of it?

What if fatness, even obesity, is less a lurking danger than a likely destiny, and the surprise isn’t how many seriously overweight people are out there but how few?

The Least Interesting Man in the World

Mitt Romney

Stay boring, my friends.

Why The States Are So Broke

Not only do major corporations pay zero federal tax but they collect state taxes from workers and don’t turn them over to the state governments for years on the presumption that the corporations will keep and create jobs in those states. All perfectly legal and with the states’ blessing.

David Cay Johnston: Taxed by the boss

Across the United States more than 2,700 companies are collecting state income taxes from hundreds of thousands of workers – and are keeping the money with the states’ approval, says an eye-opening report published on Thursday.

The report from Good Jobs First, a nonprofit taxpayer watchdog organization funded by Ford, Surdna and other major foundations, identifies 16 states that let companies divert some or all of the state income taxes deducted from workers’ paychecks. None of the states requires notifying the workers, whose withholdings are treated as taxes they paid.

General Electric, Goldman Sachs, Procter & Gamble, Chrysler, Ford, General Motors and AMC Theatres enjoy deals to keep state taxes deducted from their workers’ paychecks, the report shows. Foreign companies also enjoy such arrangements, including Electrolux, Nissan, Toyota and a host of Canadian, Japanese and European banks, Good Jobs First says.

Why do state governments do this? Public records show that large companies often pay little or no state income tax in states where they have large operations, as this column has documented. Some companies get discounts on property, sales and other taxes. So how to provide even more subsidies without writing a check? Simple. Let corporations keep the state income taxes deducted from their workers’ paychecks for up to 25 years.

Where Are Workers’ Taxes Actually Going? Report: State Withholding Taxes Increasingly Pay for Corporate Subsidies Rather than Public Services

Paying Taxes to the Boss traces the rise of 22 subsidy programs derived from personal income taxes (PIT) that together cost about $684 million a year. “These programs are justified in the name of job creation, but they often end up subsidizing companies to move existing jobs from one state to another. In other cases, they go to employers that threaten to move unless they get paid to stay put,” said Philip Mattera, research director of Good Jobs First and principal author of the report.

“We recommend that states seriously consider abolishing PIT-based subsidies. Short of that, we urge Truth in Taxation: that companies be required to disclose the details of how much money is going where on every pay stub of affected workers,”  LeRoy added. [..]

The programs work in various ways. Some allow employers to immediately retain (and never remit to the state) a large portion of the withholding taxes generated by designated new or retained workers. Some provide cash rebates or grants calculated the same way. Others provide credits against corporate income taxes or other business levies, with the value of those credits based on the withholding taxes of new or retained workers. (Some of these credits are cash-refundable if the credit exceeds the company’s tax liability.)  The share of withholding taxes diverted into subsidies can be as high as 100 percent (such as EDGE tax credits in Illinois and Indiana) and the duration can be as long as 25 years (such as Mississippi’s Withholding Rebates). Twelve programs divert 75 percent or more of withholding, and 18 do so for ten years or longer.

And then they cut programs for the poor and go begging to Federal government for “ear marks.”

The Buffett Rule

Income equality in the United States continues to widen between the 99% and the 1%. It was one of the main issues that Occupy Wall St. brought to the forefront of the conversation on the economy and the phony concern over the deficit. One of the big issues is tax inequality, the poor and middle class pay a greater percentage of their income to the government than do the top earners. President Obama and the Congressional Democrats have proposed a minimum tax of 30 percent to individuals making more than a million dollars a year, called the Buffet Rule, after billionaire Warren Buffet who thinks that it is unfair that he pays less in taxes than his secretary. Although it has been pointed out that revenue generated from the increase would only minimally help reduce the deficit, it is wildly popular with 67% of Americans in support of its passage. Unfortunately, it didn’t have the votes in the Senate to even get to the floor for a vote. Even if it did it would never see the light of day in the intransigent House. We mustn’t tax the job creators who haven’t created jobs in the US for over a decade. We must continue to allow millionaires, like Romney, to give their children millions as a gift tax free, thanks to a tax loophole on “carried interest,” presumably one of the loopholes that would have been closed:

When the Romney campaign disclosed in December that the couple’s five sons had a $100 million trust fund, I suspected that, in setting up the fund, the Romneys used a tax strategy that allows some very rich people to avoid paying gift taxes. But it was impossible to know if this was the case without seeing their tax returns going back years. [..]

Reuters emailed the Romney campaign spokeswoman to ask how much the Romneys paid in gift taxes on assets put into the sons’ trust over the last 17 years. The spokeswoman, citing Brad Malt, the Romney family tax lawyer, answered: none.

The idea that someone could pay zero gift taxes on contributions to a $100 million trust fund may surprise people who have heard arguments that the wealthy are overburdened by gift and estate taxes. But the Romneys’ gift-tax avoidance strategy is perfectly legal.

A good discussion on whether Obama’s ‘Buffett Rule’ would bridge tax divide was had on MSNBC’s Up with Chis Hayes with University of Pennsylvania Wharton professor Betsey Stevenson, Reuters columnist David Cay Johnston, former Rep. Tom Perriello, D-Va., and Demos Vice President Heather McGhee.

This bill had very little chance of passing and was in all reality merely a political gambit to make the Republicans look like they are out of touch with the average American voter. How well that will work this early in the campaign remains to be seen.

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”.

Paul Krugman: Europe’s Economic Suicide

On Saturday The Times reported on an apparently growing phenomenon in Europe: “suicide by economic crisis,” people taking their own lives in despair over unemployment and business failure. It was a heartbreaking story. But I’m sure I wasn’t the only reader, especially among economists, wondering if the larger story isn’t so much about individuals as about the apparent determination of European leaders to commit economic suicide for the Continent as a whole.

Just a few months ago I was feeling some hope about Europe. You may recall that late last fall Europe appeared to be on the verge of financial meltdown; but the European Central Bank, Europe’s counterpart to the Fed, came to the Continent’s rescue. It offered Europe’s banks open-ended credit lines as long as they put up the bonds of European governments as collateral; this directly supported the banks and indirectly supported the governments, and put an end to the panic.

Robert Reich: Why a Fair Economy is Not Incompatible with Growth but Essential to It

One of the most pernicious falsehoods you’ll hear during the next seven months of political campaigning is there’s a necessary tradeoff between fairness and economic growth. By this view, if we raise taxes on the wealthy the economy can’t grow as fast.

Wrong. Taxes were far higher on top incomes in the three decades after World War II than they’ve been since. And the distribution of income was far more equal. Yet the American economy grew faster in those years than it’s grown since tax rates on the top were slashed in 1981.

This wasn’t a post-war aberration. Bill Clinton raised taxes on the wealthy in the 1990s, and the economy produced faster job growth and higher wages than it did after George W. Bush slashed taxes on the rich in his first term.

E. J. Dionne, Jr.: Why the NRA pushes ‘Stand Your Ground’

It’s understandable if unfortunate that the controversy surrounding the killing of Trayvon Martin has polarized the country along both racial and ideological lines. But there is one issue that should not have any racial connotations: the urgency of repealing “Stand Your Ground” laws.

And leave it to New York Mayor Michael Bloomberg to speak the blunt truth about why these laws are dangerous – and why the National Rifle Association keeps pushing them anyway.

“In reality,” Bloomberg said in a speech before the National Press Club last week, “the NRA’s leaders weren’t interested in public safety. They were interested in promoting a culture where people take the law into their own hands and face no consequences for it. Let’s call that by its real name: vigilantism.”

Robert Kuttner: You’ve Come a Long Way, Ben

I heard a terrific speech last Friday by the Federal Reserve Chairman, Ben Bernanke.

In his address, to a Russell Sage-Century Foundation Conference on the causes and cure of the financial crisis, Chairman Bernanke said just about everything a progressive would want to hear. Read it for yourself and see if you agree.

The financial industry, he said, had been characterized by “high levels of leverage; excessive dependence on unstable short term funding; deficiencies in risk management in major financial firms; and the use of exotic and non-transparent financial instruments that obscured concentrations of risk.” In other words, Wall Street went berserk; and markets did not correct themselves. Add a little more invective about Goldman Sachs and Rolling Stone’s Matt Taibbi could not have put it better.

John Nichols: What Allen West Does Not Know About Communists and Congress

Florida Congressman Allen West was wrong when he suggested that there were dozens of communists in the current Congress. Misled by crank websites, the out-there Republican from Florida said Tuesday, “I believe there’s about 78 to 81 members of the Democrat Party that are members of the Communist Party… They actually don’t hide it. It’s called the Congressional Progressive Caucus.”

It would be generous, indeed, to suggest that West is confused.

The Congress is not currently a haven for followers of Karl Marx.

And there are none to be found in the Congressional Progressive Caucus.

The Congressional Progressive Caucus has over the years included a few friends of democratic socialism-which espouses an economic and social justice vision every bit as far removed from the Stalinist excesses that West seems to be decrying as the current Republican Party’s views are from those of its radical founders.

Greg Kaufman: This Week in Poverty: Will Pennsylvania Rip Another Hole in the Safety Net?

If you’ve never heard of state-funded General Assistance (GA) programs, you’re hardly alone. A “safety net of last resort” for very poor people-often childless adults-who don’t qualify for other forms of public assistance, there aren’t too many of them still in existence. Not too long ago most states offered them, but in recent decades they have been eliminated or severely restricted. Now, only thirty states maintain GA programs, and the benefit level for most falls below one-quarter of the poverty line, or less than $2,750 per year.

In a recent report for the Center on Budget and Policy Priorities (CBPP), Liz Schott and Clare Cho call this trend “especially troubling” since “a growing number of jobless and elderly” are exhausting their unemployment benefits and continue to be unable to find work.

“Poor, childless adults are becoming even more vulnerable to severe hardship than in the past and are doing so in greater numbers,” write the authors.

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”.

The Sunday Talking Heads:

Up with Chris Hayes: Sunday’s guests are Pulitzer Prize-winning tax reporter David Cay Johnston (@davidcayj); Betsey Stevenson (@betseystevenson), former chief economist at the U.S. Department of Labor; Tom Perreillo (@tomperriello), former Democratic representative from Virginia’s 5th congressional district; Heather McGhee (@hmcghee), Washington D.C. office director of Demos, a progressive policy organization; Jennifer Siebel Newsom (@JenSiebelNewsom), writer, director and producer of the 2011 Sundance film Miss Representation; and Marianna Chilton, director of the Center for Hunger Free Communities and associate professor at Drexel University School of Public Health.

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

This Week with George Stephanopolis: Guests are Treasury Secretary Timothy Geithner in an exclusive interview with  Mr. Stephanopolous.

The roundtable gusts this week are ABC News’ Cokie Roberts; former Obama domestic policy adviser Melody Barnes; Wall Street Journal editorial page editor Paul Gigot; advisor to the Romney campaign Kevin Madden; and Katrina vanden Heuvel, editor and publisher of The Nation.

Face the Nation with Bob Schieffer: Sunday’s guests Treasury Secretary Timothy Geithner; Sen. John McCain (R-AZ); Rep. Darrell Issa (R-CA), Chairman of the House Committee on Oversight and Government Reform; Georgetown University’s Michael Eric Dyson, TIME Magazine Columnist Toure, CBS News Legal Analyst Jack Ford and CBS News Correspondent Mark Strassmann look at the Trayvon Martin case; Democratic strategist Maria Cardona, Washington Post editorial writer Ruth Marcus, CBS News Chief White House Correspondent Norah O’Donnell and CBS News political director John Dickerson on the War on Women and Campaign 2012

The Chris Matthews Show: This week’s guests Dan Rather, HDNet Global Correspondent; Pete Williams, NBC News Justice Correspondent; Nia-Malika Henderson, The Washington Post National Political Reporter; and Kathleen Parker, The Washington Post Columnist.

Meet the Press with David Gregory: Treasury Secretary Timothy Geithner is making the rounds; Sen. Kirsten Gillibrand (D-NY) and former presidential candidate Rep. Michele Bachmann (R-MN); and the roundtable panel guests are former Rep. Harold Ford, Jr. (D-TN), Republican strategist Mike Murphy, and NBC News’ Savannah Guthrie and Chuck Todd.

State of the Union with Candy Crowley: Guests are legendary actor/comedian/writer/producer/activist Bill Cosby; RNC Chairman Reince Priebus; Rep. Carolyn Maloney (D-NY) and Rep. Cathy McMorris Rodgers; Dan Balz of The Washington Post and Matt Bai of The New York Times.

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