Tag: Opinion

Punting the Pundits

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

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

Follow us on Twitter @StarsHollowGzt

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

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

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

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

Paul Krugman: Power and Paychecks

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

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

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

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

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

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

1. Student debt is soaring in this country.

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

3. An alarming number of student loans are delinquent.

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

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

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

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

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

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

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

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

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

Why are these two groups growing?

Jared Bernstein: March Jobs Report: First Impressions

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

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

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

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

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

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

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

In July 2014, Continental Resources released a presentation

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

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

Punting the Pundits

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

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

Follow us on Twitter @StarsHollowGzt

New York Times Editorial Board: The Scrambled States of Immigration

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

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

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

Will Rogers: Our Land, Up for Grabs

A BATTLE is looming over America’s public lands.

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

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

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

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

David Cay Johnston: Phantom income helps poor children

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

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

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

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

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

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

Charles M. Blow: Religious Freedom vs. Individual Equality

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

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

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

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

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

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

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

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

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

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

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

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

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

Punting the Pundits

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

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

Follow us on Twitter @StarsHollowGzt

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Linda Greenhouse: The Supreme Court’s Death Trap

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

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

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

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

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

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

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

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

Punting the Pundits

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

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

Follow us on Twitter @StarsHollowGzt

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

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

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

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

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

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

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

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

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

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

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

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

David Sirota: The SEC Illustrates the Danger of Regulatory Capture

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

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

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

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

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

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

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

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

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

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

Why are these two groups growing?

Mike Lux: The Angst Of The Rich And Powerful

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

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

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

Punting the Pundits

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

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

Follow us on Twitter @StarsHollowGzt

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

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

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

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

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

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

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

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

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

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

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

Dean Baker: The sharing economy needs a public option

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

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

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

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

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

European authorities are using dirty tactics to bring Greece to heel

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

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

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

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

Robert Kuttner: 5 Radical Ideas Hillary Should Support

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

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

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

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

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

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

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

Punting the Pundits: Sunday Preview Edition

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

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

Follow us on Twitter @StarsHollowGzt

The Sunday Talking Heads:

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

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

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

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

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

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

Punting the Pundits

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

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

Follow us on Twitter @StarsHollowGzt

Trevor Timm: The FBI used to recommend encryption. Now they want to ban it

The FBI wants to make us all less safe. At least that’s the implication from FBI director Jim Comey’s push to ban unbreakable encryption and deliberately weaken everyone’s security. And it’s past time that the White House makes its position clear once and for all.

Comey was back before Congress this week – this time in front of the House Appropriations Committee – imploring Congressmen to pass a law that would force tech companies to create a backdoor in any phone or communications tool that uses encryption. [..]

The idea that all of a sudden the FBI is “going dark” and won’t be able to investigate criminals anymore thanks to a tiny improvement of cell phone security is patently absurd. Even if the phone itself is protected by a passphrase that encrypts the device, the FBI can still go to telecom companies to get all the phone metadata they want. They can also still track anyone they choose by getting a cell phone’s location information 24 hours a day, and of course they can still wiretap the calls themselves. Let’s not forget that with a four digit passcode – like iPhones come with by default – can easily broken into by the FBI without anyone’s help anyways. So a vast majority of this debate is already moot.

Beyond a few vague hypotheticals, Comey wouldn’t give any specific examples at the hearing about where this has tripped up the FBI before, but the last time the FBI did, what they said was immediately debunked as nonsense.

Eugene Robinson: The Mark of Terror

We don’t need to know the political or religious views of Germanwings copilot Andreas Gunter Lubitz to call his crashing of a crowded airliner into a mountainside an act of terrorism. And we don’t need any further evidence to recognize a cruel irony: Legitimate fear of potential terrorist attacks apparently made this tragedy possible. [..]

Terrorism is often defined as violence committed for a political or religious purpose, and no one can say yet what the pilot had in mind. But no one does something like this without intending to make a statement. We may not yet know what it means – and I suppose it’s possible that we may never know. Murder of this kind, on this scale and in this chilling manner is terrorism.

It’s possible, I suppose, that Lubitz was profoundly delusional. But if this were the case, how could he have passed the airline’s annual medical exams? How could he have worked in such close quarters with fellow pilots, flight attendants and other personnel, day after day, without anyone noticing behavior that suggested a problem?

It looks as if Lubitz wasn’t just trying to end his life because he was depressed. He apparently decided to end 149 other lives as well because he wanted to tell us something. Tragically, this is precisely the kind of thing that terrorists do.

Roxane Gay: Indiana is not protecting religious freedom but outright zealotry

Religious freedom in the United States is protected by the Constitution. It’s strange to have to state the obvious, but the Indiana legislature and Governor Mike Pence seem to need a refresher on basic civics. On 26 March, Pence signed SB 101 into law, a bill which supposedly protects religious freedom, though in this instance, that freedom largely applies to business owners who want the right to refuse service to customers they disapprove of. As with the Supreme Court decision on Hobby Lobby, the state of Indiana is giving businesses the same rights as people. Mitt Romney would be so proud of what he hath wrought. [..]

Of course, Indiana is not alone in drafting such legislation. There are 19 other states with similar laws on the books. The ongoing fight for marriage equality and feminism are probably to blame. There are pesky people all across the country simply wanting the freedom to live their lives; they clearly must be stopped.

But let’s talk about what’s really going on here. Indiana is not protecting religious freedom. They are protecting a very specific brand of zealotry. They are protecting bigotry. Though they won’t admit it, SB 101 is a knee jerk response to marriage equality becoming law in Indiana in late 2014. In some ways, the passage of this law offers comfort. Small-minded people are more plainly revealing themselves for who and what they are.

Steven W. Thrasher: Uganda faced a backlash for its homophobic legislation. Will California?

After years of efforts by American evangelical missionaries in collusion with pandering local politicians, Uganda passed a law in 2014 which made homosexual acts punishable by life in prison (an improvement on its 2013 “kill the gays” legislation). But though Uganda’s high court later overturned the law on a technicality, America quickly cut aid to the nation and calls for a trade boycott in Britain were swift, before the law was considered again.

So will the State of California face the threat of similar federal sanctions for its own proposed “kill the gays” referendum?

In attempting to put the Sodomite Suppression Act (pdf) – which allows “any person who willingly touches another person of the same gender for purposes of sexual gratification” to “be put to death by bullets to the head or by any other convenient method” – on the ballot in California, attorney Matt McLaughlin has made it clear that too many people in the United States are no better than those in Uganda who earned our country’s opprobrium.

Alison Rose Levy: Oregonians Are ‘Mad as Hell’ About Trade Deals That Threaten Their Food Supply

In the 1976 film “Network,” a news anchor, played by the late actor Peter Finch, urges his television audience to open their windows and shout the infamous phrase, “I’m mad as hell, and I’m not going to take it anymore!”

According to people I’ve talked to on the ground in Oregon, that may be something close to what many residents there are feeling right now. But instead of shouting out the window, Oregonians are petitioning and phoning their senator, Ron Wyden, to ask him to oppose granting so-called fast track authority to President Obama. [..]

Fast track-expected to be introduced in the Senate when Congress returns on April 11-is legislation that would give Obama the ability to sign international trade agreements without public or congressional disclosure and without giving lawmakers the ability to debate or amend the agreements. If fast track passes, the passage of the two trade agreements is widely regarded as a done deal.

All of this troubles Oregonians concerned about food, health and the environment because Wyden is being heavily wooed by the finance committee chairman, Senator Orrin G. Hatch, R-Utah, to co-sponsor the fast track bill. According to Lori Wallach, director of Global Trade Watch, the bill can be sold as bipartisan if Wyden supports it, a point that the president is likely to use as leverage to sway recalcitrant House Democrats.

One obstacle to this well-orchestrated attempt to bypass democracy is Wyden’s own constituency.

Thor Benson: Why Wikimedia Just Might Win Its Lawsuit Over NSA Surveillance

The National Security Agency and the Department of Justice are being sued by Wikimedia, the nonprofit organization that runs Wikipedia-the online encyclopedia whose articles can be written or edited by anyone.

Wikimedia claims that the U.S. government’s mass surveillance programs are threatening its ability to spread free, open and honest information and that the way the NSA collects data violates the First and Fourth Amendments to the Constitution. The organization is being represented by the American Civil Liberties Union and is joined in the suit by eight other plaintiffs, including the National Association of Criminal Defense Lawyers, Human Rights Watch, Amnesty International USA and The Nation.

The suit is specifically challenging the NSA’s use of “upstream surveillance,” which taps directly into the Internet’s backbone-the network of cables and routers that makes the Web possible-and intercepts all the traffic that goes across it.

Punting the Pundits

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

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

Follow us on Twitter @StarsHollowGzt

New York Times Editorial Board: [Reducing Risks After the Germanwings Crash Reducing Risks After the Germanwings Crash]

There is a lot we still don’t know about the tragic crash of the Germanwings plane in France. But what we do know suggests that airlines can take steps to reduce the risk of pilots deliberately or inadvertently crashing a plane.

French investigators believe the co-pilot, Andreas Lubitz, was conscious, but we may never know for sure. We do know that things might have turned out differently had there been another person in the cockpit. The chief executive of Lufthansa, which owns Germanwings, said on Thursday that European regulators do not require two people to be in the cockpit at all times. [..]

No safety policy will ever anticipate every situation. But requiring two people to be in the cockpit during flight is a sensible step to reduce the risk that comes with leaving the lives of dozens or hundreds of people in the hands of just one pilot.

Sen Sheldon Whitehouse: The GOP Budget: Every Tax Loophole Is Sacred

Every tax loophole is sacred.

That’s the prime guiding principle of the budget Republicans are trying to push through the Senate. Republicans claim to be concerned with reducing the federal deficit, which their Budget Committee Chairman Mike Enzi (R-Wyoming) described as a “dangerous financial crisis.” But are they willing to sacrifice a single tax loophole to solve the problem? No. And that’s telling about their real priorities. [..]

But for all its smashing and slashing of programs low- and middle-income families depend on, it would keep in place each and every tax deduction, exclusion, and credit that benefits wealthy individuals and big corporations. This Republican budget is a clear confession that the so-called “dangerous financial crisis” is actually less important to them than protecting special tax treatment for the rich and powerful.

John Nichols: This Is What a ‘People’s Budget’ Looks Like

A proper budget is a moral document, which well expresses the values and aspirations of a civil society.

As such, the measure of any budget is its combination of fiscal and social responsibility.

By this measure, there was only one proper budget proposal floated in the current Congress. And it did not get very far.

Only ninety-six House Democrats voted Wednesday for the People’s Budget, as it was proposed by the Congressional Progressive Caucus. The budget was opposed by 330 House members, including eighty-six shame-on-them Democrats and 244 Republicans.

The record of Wednesday’s roll call is worth reviewing, especially because it identifies the Democrats who got this most important vote wrong.

Of course, no one expected the People’s Budget to be enacted. But that is not a poor reflection on the CPC plan, which better met the tests of fiscal and social responsible than any of the other official or alternative proposals that are currently in play. It is a reflection on this Congress, which cannot get anything right, and on a political process that is now so flawed-because of gerrymandering, big money and failed media-that the United States ends up with, well, this Congress.

Despite the fact that if it was not expected to prevail, the People’s Budget was serious.

Amy Goodman: The Costs of War, the Price of Peace

What price would you pay not to kill another human being? At what point would you commit the offenses allegedly perpetrated by Sgt. Bowe Bergdahl, who was charged Wednesday with desertion and “misbehavior before an enemy?”

Bowe Bergdahl was a private when he left his post in Afghanistan, under circumstances that are still unknown to the public, and was captured by the Taliban. They imprisoned him for five years, until he was released in a controversial prisoner swap negotiated by the Obama administration. Five Taliban members who were held for years at Guantanamo Bay were released to house arrest in Qatar in exchange for Bergdahl. He now faces a court-martial and potentially life in prison. Meanwhile, the architects of the disastrous wars in Iraq and Afghanistan remain untried, while a new report asserts that up to 1.3 million people have been killed in Iraq, Afghanistan and Pakistan in the first 10 years of the so-called war on terror.

The report is called “Body Count” and is published in the U.S. by Physicians for Social Responsibility. “It has been politically important to downplay Allied forces’ responsibility for the massive carnage and destruction in the region,” writes San Francisco doctor Robert M. Gould in the report’s foreword. He told me: “We need to take full responsibility for the true cost of war as we are preparing to continue our involvement in Afghanistan and deepen our involvement in Syria and Iraq. There’s great anger throughout the region about our involvement and the underplaying here of what the true costs are in terms of death and destruction.”

Katrina vanden Heuvel: Tell the Election Success Stories, Too

“I had a college degree, a decade of experience, and the only job I could get was making $8 an hour at the local convenience store in my neighborhood,” Maine state Representative Diane Russell (D) said in January, recalling her unlikely path to public office. “I have no business being in politics. I was not groomed for this. But thanks to public financing, I have a voice. And thanks to public financing, a gal who takes cash for the convenience store for selling sandwiches can actually talk about the stories that she’s learned from behind the counter.” Russell was speaking at an event on the fifth anniversary of the Citizens United ruling that set off an avalanche of money in politics. After her state’s “clean elections” system propelled Russell into office in 2008, she quickly became a force in Maine politics. Her progressive record of defending voting rights and workers, for example, led The Nation to recognize her as its “Most Valuable State Representative” in 2011. [..]

These stories are undeniably important, as are the long-term battles to overturn the Citizens United decision, pass a constitutional amendment on campaign finance reform and eliminate the corrosive influence of money in politics. But there is another story being written that deserves our attention, too, in which progressive activists and lawmakers are working to make our elections more democratic-a story less about containing the influence of billionaires and corporations than empowering small donors and unlikely candidates-candidates like Diane Russell.

Alastair Cooke: Why the Conflicts in Tikrit and Yemen Signal a New Middle Eastern War

With the Iranian involvement against the Islamic State in the assault on Tikrit, and the Saudi invasion of Yemen to stem the tide of Iranian influence, we have entered a new Middle Eastern war.

Tikrit has become something of an augury and symbol of ISIS’ prospective fate. The suggestion in much of the commentaries is that the Iranian-directed offensive in Tikrit has stalled. Indeed one can detect a certain pleasurable rubbing of hands at the very prospect of an Iranian setback.

“If this leads to the Iranians forced to concede defeat, that would be a satisfactory outcome,” one U.S. defense official told the The Daily Beast. An ISIS victory, then, is “satisfactory” to the U.S.? [..]

If Tikrit was the precursor, then the fall of Aden was the trigger.

“The Saudi default position on Yemen,” Simon Henderson of the Washington Institute for Near East Policy writes, “can be best described as paranoia.” And thus we have a new Middle Eastern war — one which will complicate the region greatly.

Punting the Pundits

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

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

Follow us on Twitter @StarsHollowGzt

Trevor Timm; It’s OK to leak government secrets – as long as it benefits politicians

It is hypocritical that some leaks will land you in jail, while others just lead to a slap on the wrist

When it comes to classified information, some leaks are more equal than others. If you are a whistleblower like Edward Snowden, who tells the press about illegal, immoral or embarrassing government actions, you will face jail time. But it’s often another story for US government officials leaking information for their own political benefit.

Two stories this week perfectly illustrate this hypocrisy and how, despite their unprecedented crackdown on sources and, the Obama administration – like every administration before it – loves to use leaks, if and when it suits them.

Scott Ritter: Espionage, by Any Other Name

Recent reporting by the Wall Street Journal that Israel has spied on U.S. negotiators who are crafting a deal with Iran that would limit that nation’s ability to enrich uranium in exchange for an easing of economic sanctions has raised alarms within the White House. As the Wall Street Journal noted, the issue that rankles the Obama administration the most isn’t the fact that Israel spied on the United States — Israel has long topped the list of “friendly” nations that actively collect intelligence on the American target — but rather that the Israelis have used information so gathered to enable a program of directed political action in Washington, DC designed to undermine the policies of the United States. Israel accomplished this by feeding the “take” back to Republican lawmakers in Congress in order to facilitate legislation intended to derail the ongoing international negotiations with Iran over its nuclear program. [..]

Congress has every right — even a duty — to oppose the policies of the Executive Branch where there is legitimate disagreement. This can even extend to articulating strong pro-Israeli positions when it comes to Iran and its nuclear program. But it does not permit the kind of coordination that transpired between Speaker John Boehner and Israeli Prime Minister Benjamin Netanyahu to selectively leak classified U.S. negotiating positions and strategies in an effort to derail the ongoing talks between the United States and Iran. In fact, there is little difference between the role played by John Boehner and his fellow Republicans in Congress in doing the bidding of Israel today and the role played by Alger Hiss and other members of the so-called “Ware Group” working on behalf of the Soviet Union back in the 1940’s. Hiss and his fellow travelers sought to influence U.S. policy on behalf of their masters in Moscow; Boehner and his cohorts seek to do the same on behalf of their masters in Tel Aviv.

Nancy Altman: The Wrong Math

“It’s simple math,” is the refrain often uttered by those seeking to explain why cutting, not expanding, Social Security is the choice to make. A variation of that phrase, “arithmetical realities of an aging society,” appeared in Fred Hiatt’s recent opinion piece (“Never-Compromise Wins Again,” Washington Post, 3/23/15). The math is simple, but Mr. Hiatt gets it wrong. [..]

The appropriate measure to assess affordability, one that takes into account productivity, is the percentage of our Gross Domestic Product–the total value of all goods and services–represented by Social Security. Currently, Social Security represents about five percent of GDP. In the future, at its most expensive, it will represent about 6.2 percent. Many other industrialized countries spend a much higher percentage of their GDP on their counterpart programs right now than we will at Social Security’s most expensive. Compared to that 6.2 percent of GDP, for example, Austria today spends 11.9 percent, Germany, 10.7 percent, and Japan, 9.8 percent.

The question of whether Social Security should be expanded, fully funded at its current level of scheduled benefits, or scaled back is not one of math or demographics, but one of values- how we choose to spend our combined wealth. Confusing this question is some other wrong math.

Richard (RJ) Escow: Hillary’s Challengers – and the Anti-Wall Street Wave

Former governor Martin O’Malley and former senator Jim Webb spoke at a firefighters’ union event earlier this month. Both are the subject of renewed press interest as they contemplate entering the presidential race. Sen. Bernie Sanders has been publicly weighing a run. Sen. Elizabeth Warren is being encouraged to enter the race.

All four have criticized Wall Street’s unethical practices and undue political influence. Leading contender Hillary Clinton, by contrast, has not.

Should that worry Democrats? [..]

The Clinton team might prefer to see this challenge go away, but that’s not likely to happen. That means she has a choice: she can offer her own strategy for reining in Wall Street, or run the risk of allowing others to define her position on this issue – in ways that could harm both her prospects and her party’s.

Earl Otari Hutchinson: Stephen A. Smith’s GOP Delusion Is Nothing New

ESPN host Stephen A. Smith has gotten quite a reputation for being a controversial tell-it-like-he-sees-it guy. That’s fine in sports punditry. He’s an ex-jock, and in that world pretty much any inanity will fly. But when Smith pursed his lips and ventured outside sportsdom to quip that blacks should vote GOP at least one election go round he proved once again that sports and entertainment personalities that venture opinions about politics more often than not embarrass themselves. If we want to be more charitable, the best that can be said is that Smith is just the latest in a long line to peddle the delusion that the GOP can change its ways and become an open-arms party for blacks. Those who routinely peddle that are usually a handful of GOP would-be presidential contenders such as Rand Paul, an infinitesimal and politically inconsequential handful of GOP elected officials, and an always dependable core of conservative media and think tank contracted black conservatives.

Before, during and after every national election, they kick into high gear and contend that getting more blacks to jump political ship will be a major seismic jolt to the Democrats and be a start toward breaking the lock that the Democrats have on the black vote. Smith, as with the rest that spout this fantasy, grab a headline or two, and get plenty of airtime on conservative talk radio and TV.

Rene Denfeld: Why we execute people is the big question, not how

“There’s no nice way to kill someone,” a man facing execution once told me, raising heavy eyes.

From my work as a licensed death penalty investigator, I know this too, which is why Utah’s decision to reinstate the firing squad for executions doesn’t trouble me the way it might trouble others.

Attorneys hire me to find out the truth. I’m the one who ferrets out long-lost witnesses, digs into dusty basements to unearth ancient records, and finds the evidence that exonerates, or – more often – explains.

I love my job, because I am the one person who gets to understand why.

Why do people do such terrible things to each other? Why is our country so enthralled with murder that we bookend one death with another?

Punting the Pundits

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

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

Follow us on Twitter @StarsHollowGzt

Susan Greenbaum: GOP’s plan to shred the safety net in 2016

Republicans intend to inflict more painful austerity on those who can least withstand it

The GOP majorities in both chambers of Congress have crafted their 2016 budget proposals, newly confident about fulfilling promises to cut spending, reduce taxes and shrink the government. Although inequality has reached Gilded Age levels, austerity continues to dominate their internal debates. Never mind that drastic spending cuts have harmed, not helped, the struggling economies of the eurozone, where mounting evidence eviscerates the theory that austerity can spur growth.

The latest tax reform proposal from Sens. Marco Rubio and Mike Lee is a full-blown version of supply-side economics, to the tune of $4 trillion in revenue loss over a decade that would have to be offset by spending cuts. The plan targets programs that benefit the poor the most: Medicaid and the Supplemental Nutrition Assistance Program (SNAP, or food stamps). On all sides and in both chambers, the Republicans appear determined to inflict more painful austerity on those who can least withstand it.

Winnie Byanyima: Another World Is Possible, Without the 1%

Activists from around the world will defy the terrorists to attend the World Social Forum in Tunis on March 25, determined to make the occasion a beacon for free speech, justice and equality. I am proud to join the leaders of Greenpeace, ActionAid, Civicus and the Association for Women’s Rights in Development (AWID) in highlighting the urgent need to tackle the vested interests of the 1 percent, in order to build a better world for all of humanity.

If you are in the top 1 percent of the global wealth stakes, our economic system works exceptionally well. Since the financial crisis in 2008, most of the wealth created in the world has ended up in your bank accounts. By next year, you could own more wealth than the rest of the world put together.

This is not just a global phenomenon. The growing gap between rich and poor is a reality for seven out of ten people on the planet. Last week the World Bank calculated that ten Africans own more wealth than half the continent. Statistics like these are actually a cold shower on people’s natural, positive aspirations to improve their lot – they’re telling us the 99 percent won’t get there, or anywhere close.

Amanda Marcotte: Political Lobby for Frats Wants to Make It Harder to Enforce Title IX

The political arm of the national fraternity system-known as the Fraternity & Sorority Political Action Committee (FratPAC)-is getting involved in the campus rape debate. Sadly, it seems they want to make it as hard as possible for schools to discipline students who sexually abuse or harass each other. [..]

The sentiment may sound fair-minded; it’s anything but. FratPAC is singling out sexual assault as the only crime they want universities to handle in this way. Underage drinking, drug dealing, burglary, assault-all of these actions break both school rules and the law, but FratPAC is not asking universities to wait for the criminal courts to adjudicate these crimes before punishing the students for breaking their corresponding school rules. In the situation they’re proposing, a school could punish a student for stealing from another student without waiting for the courts to adjudicate the matter; but if a student rapes another student, the school couldn’t act.

Joan Walsh: GOP innovation paralysis: How Jeb Bush sucks the oxygen out of Republican “reform”

While some governors practice genuine policy innovation, Bush’s fundraising juggernaut keeps them on the sidelines

I feel for Ohio Gov. John Kasich. He can’t get traction as a potential 2016 GOP presidential nominee with anyone so far – except political journalists. He sits around 1 percent in polls (that bother to mention him) and yet he’s been the focus of two long, laudatory profiles, touting his potential presidential appeal, in the last 18 months.

The New York Times’s Trip Gabriel found Kasich to be a maverick who “defies GOP with defense of safety net.” Now Yahoo Politics’s Andrew Romano asks if he could be “the GOP’s secret weapon in 2016?” He answers, archly, “John Kasich thinks so,” but the sympathetic profile suggests Romano agrees. Kasich seems eternally poised on the brink of defining a new way for the GOP – Compassionate Conservatism 2.0 – but is stymied by his inability to a) raise big money and b) get taken seriously (beyond Ohio and the national media), at least partly because he seems a tiny bit loopy and c) get past the boys of the Bush dynasty. [..]

The moderate establishment wing of the GOP, by contrast, seems content to let Jeb Bush be its standard bearer, charged with figuring out how much to cave to his party’s far-right base during the primaries, while trusting him to course correct in time for the general election. The campaign is unlikely to feature a genuine debate about a GOP economic growth agenda – a debate that a Kasich candidacy might catalyze. That’s a loss not just for Kasich, if indeed he skips a run, but for the country.

Julia Harumi Mass: FBI Ordered to Disclose its Surveillance Tactics on Communities

On Monday, a federal district court in San Francisco issued an important ruling for government transparency and accountability. Judge Richard Seeborg disallowed the FBI’s attempt to use a “law enforcement exemption” in the Freedom of Information Act to shield from public disclosure details of the agency’s surveillance programs. [..]

This ruling well upholds the purpose of the Freedom of Information Act and its limited law enforcement exemption. As the FBI has expanded its activities to include generalized monitoring and surveillance, unconnected to any suspected criminal activity, it is critical that records related to those broad surveillance programs be available for public scrutiny.

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