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”.

Robert Reich: The Meagerness of the GOP Debates, the Smallness of the President’s Solutions, and the Need for a Progressive Alternative

Republicans are debating again Tuesday night. And once again, Americans will hear the standard regressive litany: government is bad, Medicare and Medicaid should be cut, “Obamacare” is killing the economy, undocumented immigrants are taking our jobs, the military should get more money, taxes should be lowered on corporations and the rich, and regulations should be gutted. []

Americans are listening more intently this time around because they’re hurting and they want answers. But the answers they’re getting from Republican candidates — tripping over themselves trying to appeal to hard-core regressives — are the wrong ones.

The correct ones aren’t being aired.

Robert Kuttner: Simplify Banks and Bank Regulation

In January 2010, after Scott Brown’s upset victory in the special Massachusetts Senate election, a panicky President Obama managed to sound like a populist for a couple of days. He called for a tax on banking profits and drafted Paul Volcker to appear at a quickie press conference so that the administration could call for something dubbed “The Volcker Rule.”

Volcker, an impeccably conservative former Fed Chair skeptical about the abuses of financial de-regulation, was one of the few elder statesmen in 2010 with any credibility. Though Volcker was an early supporter of Obama and adviser to the campaign, Treasury Secretary Tim Geithner and economic adviser Larry Summers managed to marginalize Volcker because the old man turned out to be leery of their schemes to prop up the big banks without cleaning them out. Even worse, Volcker was nostalgic about the 1933 Glass-Steagall Act, which had staved off big trouble for more than half a century by requiring that federally insured commercial banks stay out of the inherently speculative investment banking business.

Eugene Robinson: The Occupy Windfall

“Defend Wall Street” is not likely to be a winning campaign slogan in 2012. For Republicans, this is an obvious problem. For President Obama and the Democrats, it’s a golden-if largely undeserved-opportunity.

The biggest impact of the Occupy Wall Street protests has been to provide a focal point for generalized economic and political discontent. Frustrated voters on the left and the right may disagree on, say, immigration policy or health care reform. But they can agree on a critique of the financial sector-and, potentially, on specific measures to bring about necessary change.

David Swanson: Occupied – What Now?

Thanks in large part to the New York and national corporate media a massive campaign to shift power away from giant corporations and into the hands of the people is now afoot all across this continent. It was inspired by peoples’ nonviolent uprisings in other countries and sparked by courageous nonviolence on Wall Street.

Can we keep it going and growing despite the unreliability of the corporate media? When the television networks created Camp Casey in Crawford, Texas, for us — following the courageous stand taken by Cindy Sheehan — they later turned against the movement and against Cindy. Already they are working to depict our occupations as violent, misdirected, undirected, and impotent.

Dave Johnson: Jobs – Still the No. 1 National Emergency

We are in an absolute national jobs emergency and everyone outside of Washington, DC understands this. But if you read the DC-oriented press, you would think that the “issue” of jobs has come and gone. You would read that “each side” has “scored points.” You would read that each side has “offered a plan.” You would read that “Congress is deadlocked” and “neither side is willing to compromise.” This is “horse-race” coverage, where they talk about the politics of who is up and who is down, and not coverage of what is important in the lives of regular Americans.

In this kind of coverage the “side” that is the American People and our needs is not even part of this discussion.. This kind of coverage recognizes that much of what happens in Washington is little more than a propaganda game of scoring points and tricking people into thinking things that are not real… Anyway, out in the real world people still need jobs and it is an emergency, and there is a risk of people taking matters into their own hands.

Richard Eskow: The Nihilist Party: Republicans Who Believe in Nothing

Some people’s only exposure to nihilism comes from the German gang in The Big Lebowski who said things like “We are nihilists, we believe in nothing” and “Tell us where the girl is or we cut off your johnson, Lebowski.” Or the nihilist humor of comedian Brother Theodore, who liked to say things like “I looked at the void, the void looked back – and neither of us liked what we saw.”

That’s exactly how I feel when I watch the Republican Presidential debates.

The void that looks out through their eyes is the absence of any underlying principle, ideology, or ideas, especially on economic issues. It’s not that their beliefs are different than yours or mine. It’s that, as now seems clear, they don’t actually believe in anything – anything, that is, except greater power for themselves and greater wealth for their financial backers.

Jim Hightower: The GOP Loves the Federal Spending It Hates

Sen. McConnell’s tirade about the Solyndra debacle would’ve had a lot more moral punch if it were not for Zap Motors.

Whatever else you think about tea-party-infused Republican leaders in Congress, at least they’re consistent in their opposition to big government intrusion in the economy, right?

Absolutely. Unless you count intrusions of taxpayer funds into corporate projects back in their districts.

For example, President Barack Obama’s effort to accelerate federal-backed loans to job-creating, green-energy projects has been a target of howling Republican ridicule. In particular, they’re now assailing a 2009 loan guarantee to the failed solar-panel maker, Solyndra, holding it up as proof that green energy programs are a waste, driven by raw 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”.

Paul Krugman: Losing Their Immunity

As the Occupy Wall Street movement continues to grow, the response from the movement’s targets has gradually changed: contemptuous dismissal has been replaced by whining. (A reader of my blog suggests that we start calling our ruling class the “kvetchocracy.”) The modern lords of finance look at the protesters and ask, Don’t they understand what we’ve done for the U.S. economy?

The answer is: yes, many of the protesters do understand what Wall Street and more generally the nation’s economic elite have done for us. And that’s why they’re protesting.

New York Times Editorial: Elizabeth Warren’s Appeal

For a few years now, politicians straining against all of the antigovernment demagogy have been searching for a way to energize public interest and remind voters of the essential government services and protections they rely on and all too often take for granted.

President Obama has struggled to find that language, only recently beginning to draw a clear contrast between his goal to revive the economy and put Americans back to work and the stagnation that is the inevitable result of the Republicans’ antitax, antispending policies.

While most other Democrats are afraid to talk about the need for higher taxes and are running away from the problem, Elizabeth Warren, the leading Democratic candidate for a Senate seat in Massachusetts, has engaged the fight and is beginning to rally supporters.

Nickolas D. Kristof: America’s ‘Primal Scream’

IT’S fascinating that many Americans intuitively understood the outrage and frustration that drove Egyptians to protest at Tahrir Square, but don’t comprehend similar resentments that drive disgruntled fellow citizens to “occupy Wall Street.”

There are differences, of course: the New York Police Department isn’t dispatching camels to run down protesters. Americans may feel disenfranchised, but we do live in a democracy, a flawed democracy – which is the best hope for Egypt’s evolution in the coming years.

Yet my interviews with protesters in Manhattan’s Zuccotti Park seemed to rhyme with my interviews in Tahrir earlier this year. There’s a parallel sense that the political/economic system is tilted against the 99 percent. Al Gore, who supports the Wall Street protests, described them perfectly as a “primal scream of democracy.”

Robert Reich: The Rise of the Regressive Right and the Reawakening of America

A fundamental war has been waged in this nation since its founding, between progressive forces pushing us forward and regressive forces pulling us backward.

We are going to battle once again.

Progressives believe in openness, equal opportunity, and tolerance. Progressives assume we’re all in it together: We all benefit from public investments in schools and health care and infrastructure. And we all do better with strong safety nets, reasonable constraints on Wall Street and big business, and a truly progressive tax system. Progressives worry when the rich and privileged become powerful enough to undermine democracy.

Regressives take the opposite positions.

Eric Cantor, Paul Ryan, Rick Perry, Michele Bachmann and the other tribunes of today’s Republican right aren’t really conservatives. Their goal isn’t to conserve what we have. It’s to take us backwards.

John Nichols: Hey! Supercommittee! Here’s the Smart Plan to Save $7 Trillion, Create Jobs, Save Social Security

America is not broke. But America does have broken priorities.

Americans are waking up to this reality. That’s why they are occupying Wall Street, that’s why they are protesting in Madison, Columbus, Lansing and other state capitals, that’s why thousands marched Saturday in Washington and other cities on behalf of “Jobs and Justice.”

“We are in the midst of a major economic crisis. Millions of Americans are jobless, our schools and infrastructure are under-resourced, our kids are being denied real educational opportunities and their futures are at risk. It’s no wonder that people are frustrated,” says American Federation of Teachers president Randi Weingarten, a featured speaker at the Washington rally that honored the social and economic justice legacy of the Rev. Martin Luther King Jr. while highlighting the ongoing nature of the civil rights icon’s struggle. “The march and rally are about hitting the streets and taking concrete action to change our nation to once again become the place where everyone has a shot at the American dream.”

The people get it, and unions and activist groups such as Progressive Democrats of America have been stepping up this weekend with dozens of events to the highlight the the issues from coast to coast.

But will Congress?

Joe Conason: The Tax Hikes That Republicans Love

From the tea parties to the corporate boardrooms to the presidential debate platforms, we hear a familiar droning whine about taxes-except the angry message is no longer simply that taxes are too high. Today, conservative politicians and pundits complain instead that some people, namely those too poor to owe federal income taxes, aren’t paying enough. So what if those people can scarcely sustain their families, like the millions of middle-class families doing slightly better but struggling, as well?

This is the Democratic “fairness” argument turned upside down, which may prove to have limited appeal. What will appeal to most Americans even less are the proposed Republican solutions, like a national sales tax. And what might surprise them is that the first president to expand tax relief for the working poor was that almighty Republican icon, Ronald Reagan, whose name is constantly invoked by politicians unworthy of his legacy.

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:

This Week with Christiane Amanpour: Ms. Amanpour talks with top Obama campaign adviser David Axelrod in an exclusive.

The roundtable with George Will, ABC News senior political correspondent Jonathan Karl, economist and former Clinton economic adviser Laura Tyson and Bloomberg Television’s Margaret Brennan dissect the economic proposals from both sides of the aisle. And Republican strategist Mary Matalin and Washington Post columnist Ruth Marcus join the roundtable to discuss all the week’s politics.

House Intelligence Committee Chairman Rep. Mike Rogers (R-MI), and The New York Times’ David Sanger join Christiane to discuss the latest on the failed terrorist plot.

ABC News senior White House correspondent Jake Tapper tours the Martin Luther King, Jr. Memorial and discusses King’s legacy with civil rights icon Rep. John Lewis (D-GA).

Face the Nation with Bob Schieffer:Coming up on Face the Nation: Topic: “Fast and Furious” gunwalker case Rep. Darrell Issa (R-CA), Chairman, Oversight & Government Reform Committee; Rep. Elijah Cummings (D-MD), Ranking Member, Oversight & Government Reform Committee and Sharyl Attkisson, CBS News Investigative Correspondent.

The Chris Matthews Show: This week’s guests, Nia-Malika Henderson, The Washington Post National Political Reporter, Katty Kay, BBC Washington Correspondent, Joe Klein, TIME Columnist and Major Garrett, National Journal Congressional Correspondent, will discuss:

Is Mitt Romney perfectly positioned to take the Independent vote and beat Barack Obama?

Will the Wall Street protests become a big part of politics in ’12?

Meet the Press with David Gregory: Meet Herman Cain, contender for the Republican presidential nomination.

Two big-name supporters of two leading GOP presidential candidates square off: Gov. Tim Pawlenty for Romney and Gov. Bobby Jindal for Perry.

NBC News Political Director Chuck Todd and the BBC’s Katty Kay will discus the 2012 race and strategists Kevin Madden and Ron Klain on prepping candidates for debates and the importance of their performances.

State of the Union with Candy Crowley: Candy Crowley sits down with former House Speaker and Presidential Candidate Newt Gingrich to discuss the 2012 GOP race, as we are just days away from CNN’s Western Republican Presidential Debate in Las Vegas.

Then, Sen. John McCain (R-AZ), ranking member of the Armed Services Committee shares his thoughts on the U.S.’s response to Iran, the President’s jobs bill and the overall state of the economy.

Plus, DNC Chairwoman Rep. Debbie Wasserman Schultz (D-FL) shares her party’s perspectives on the 2012 campaign.

Also, as part of our special coverage of the Martin Luther King Jr. Memorial, Rep. John Lewis (D-GA) talks about his role in the civil rights movement as we honor the life and legacy of Martin Luther King Jr. We will have live coverage of the dedication centered on President Obama’s address.

Nouriel Roubini: After the Storm: The Instability of Inequality

New York – This year has witnessed a global wave of social and political turmoil and instability, with masses of people pouring into the real and virtual streets: the Arab Spring; riots in London; Israel’s middle-class protests against high housing prices and an inflationary squeeze on living standards; protesting Chilean students; the destruction in Germany of the expensive cars of “fat cats”; India’s movement against corruption; mounting unhappiness with corruption and inequality in China; and now the “Occupy Wall Street” movement in New York and across the United States.

While these protests have no unified theme, they express in different ways the serious concerns of the world’s working and middle classes about their prospects in the face of the growing concentration of power among economic, financial, and political elites. The causes of their concern are clear enough: high unemployment and underemployment in advanced and emerging economies; inadequate skills and education for young people and workers to compete in a globalized world; resentment against corruption, including legalized forms like lobbying; and a sharp rise in income and wealth inequality in advanced and fast-growing emerging-market economies.

David Sirota: Government by Death Panel

Remember the good ol’ days when Republicans were running around the country screaming that Democrats’ proposal to fund voluntary end-of-life counseling would somehow create a government-sanctioned death panel? Ooh boy, the heartland was ablaze back then. Wracked by anger at a Democrat occupying the White House, an enraged Middle America was genuinely scared about the prospect of a secret group of bureaucrats putting together a “kill list” of citizens deemed to be too much of a nuisance.

The fears, of course, seem rather quaint these days. The notion of a White House bothering to request the statutory authority to execute troublesome Americans is just so … 2009. After all, last week we learned from Reuters that fellow countrymen labeled “militants” by the Obama administration are now unilaterally placed on a “kill list” by “a secretive panel of senior government officials.”

Eugene Robinson: Flavor of the Week

Just be patient and you, too, can lead the polls for the Republican presidential nomination. Witness the ascent of Herman Cain.

Don’t laugh. “There’s a difference between the flavor of the week and Haagen-Dazs Black Walnut, because it tastes good all the time,” Cain told reporters this week. “Call me Haagen-Dazs Black Walnut.”

All right, go ahead and laugh. Cain will surely respond with what has become his all-purpose retort: “As my grandfather would say, I does not care.”

At the moment, though, we don’t have the option of not caring. According to a stunning new NBC News/Wall Street Journal poll, Cain now tops the GOP field with support from 27 percent of Republican primary voters, compared to 23 percent for Mitt Romney and just 16 percent for Rick Perry.

Dave Johnson: Help Verizon’s Workers Try to Save the Middle Class

Here is a practical application of the ideas and energy of #Occupy Wall Street. Verizon’s workers are in a struggle against a giant corporation. They need your help leafleting at Verizon stores, reaching people to explain what is going on.

Verizon is a huge, very profitable company. But Verizon is trying to make its workers take pay and benefit cuts, so that a few at the top can make even more money. If this sounds familiar it is because this is what is happening to our economy across the board. Big companies are using the fear caused by the unemployment crisis to take away more and more benefits, cut back wages, make people work longer hours, and basically shred the middle class. 99% of us are finding it harder and harder to get by while a few at the top are getting more and more.

Michelle Chen: While Washington Dithers, Labor Brings Jobs and Equity Home

The 2012 campaign trail is already littered with silver bullets and peppy slogans about boosting America out of its unemployment slump. But for the most part, the plans that politicians have trotted out–from Herman Cain’s 9-9-9 mantra to the GOP’s latest corporate welfare formulas, to Obama’s limp blend of free-trade policies and woefully inadequate stimulus–stick faithfully to the path of neoliberalism, paving the way for more outsized corporate profits.

So does anyone have a plan to steer industry toward the needs of communities? Researchers at Cornell University have located a few novel ideas, well outside the Beltway, that are blazing small trails in economic disaster zones. Their study focuses on project labor agreements that are designed to meet workers’ needs for decent wages and working conditions, while upholding principles of equity in local hiring practices.

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”.

Bernard E. Harcourt: Occupy Wall Street’s ‘Political Disobedience’

Our language has not yet caught up with the political phenomenon that is emerging in Zuccotti Park and spreading across the nation, though it is clear that a political paradigm shift is taking place before our very eyes. It’s time to begin to name and in naming, to better understand this moment. So let me propose some words: “political disobedience.”

Occupy Wall Street is best understood, I would suggest, as a new form of what could be called “political disobedience,” as opposed to civil disobedience, that fundamentally rejects the political and ideological landscape that we inherited from the Cold War.

Civil disobedience accepted the legitimacy of political institutions, but resisted the moral authority of resulting laws. Political disobedience, by contrast, resists the very way in which we are governed: it resists the structure of partisan politics, the demand for policy reforms, the call for party identification, and the very ideologies that dominated the post-War period.

Richard Reeves: Which Side Are You On!

I am all for Occupy Wall Street-and a lot of other places-but I wish I understood where this is going. And why it took so long to get going.

“When men can speak in liberty, you can bet they won’t act,” a Philadelphia lawyer named Charles Ingersoll told Alexis de Tocqueville almost 200 years ago as the French writer traveled the United States (24 of them) taking notes for what would become his great work, “Democracy in America.”

The United States has followed that line for most of its history, and it has generally worked. Because of Ingersoll’s words, I was chilled a bit by the fact that New York City has denied the Occupy people the liberty of a sound system to allow them to speak to more than just the people within earshot.

Katrina vanden Heuvel: Street Heat Nation

Three years ago, when the banks took down our economy-and people’s homes, savings and lives with it-we wondered, Why aren’t more people out in the streets?

When the banksters were bailed out with no strings attached-no foreclosure relief, no megabank breakups, no controls on exorbitant salaries-we wondered, Why aren’t more people out in the streets?

And finally when those same corporations returned to record profits but hoarded the cash, keeping credit frozen and jobs scarce-we wondered, What will it take for people far and wide to hit the streets?

It took Occupy Wall Street.

Michael Winship: Occupy Wall Street Wins Labor’s Love

Early last Friday morning, as the Occupy Wall Street protesters were just uncurling from their sleeping bags, I went downtown for a walkthrough of their campsite at Zuccotti Park, now also known as Liberty Plaza. I met up there with AFL-CIO President Rich Trumka and New York City Central Labor Council President Vincent Alvarez. (I’m president of an AFL-CIO affiliated union.)

There were just a few of us in our group, and as the sun burned through the dawn’s chill, not much attention was paid as we took the tour. We kept our voices low and walked carefully, doing our best to keep from tripping over and waking those who were still asleep

One or two reporters hooked up with us, not including the kid you may have seen with the fake cardboard Fox News camera and microphone, who tossed out questions as he walked along behind us. That was the extent of the media coverage.

Steve Frazer: The All-American Occupation: A Century of Our Streets Vs. Wall Street

Occupy Wall Street, the ongoing demonstration-cum-sleep-in that began a month ago not far from the New York Stock Exchange and has since spread like wildfire to cities around the country, may be a game-changer.  If so, it couldn’t be more appropriate or more in the American grain that, when the game changed, Wall Street was directly in the sights of the protesters.

The fact is that the end of the world as we’ve known it has been taking place all around us for some time.  Until recently, however, thickets of political verbiage about cutting this and taxing that, about the glories of “job creators” and the need to preserve “the American dream,” have obscured what was hiding in plain sight — that street of streets, known to generations of our ancestors as “the street of torments.”

After an absence of well over half a century, Wall Street is back, center stage, as the preferred American icon of revulsion, a status it held for a fair share of our history.  And we can thank a small bunch of campers in Manhattan’s Zuccotti Park for hooking us up to a venerable tradition of resistance and rebellion.

Tom Engelhardt: Blowback on Wall Street?

Last weekend, in Washington Square Park in downtown Manhattan at a giant mill-in, teach-in, whatever-in-extension of Occupy Wall Street’s camp-out in Zuccotti Park, there was a moment to remember.  Under what can only be called a summer sun, a contingent from the Egyptian Association for Change, USA, came marching in, their “Support Occupy Wall Street” banners held high (in Arabic and English), chanting about Cairo’s Tahrir Square (where some of them had previously camped out).  The energy level of the crowd rose to buzz-level and cheers broke out.  

And little wonder.  After all, it was a moment for the history books.  An American protest movement had taken its most essential strategic act directly from an Egyptian movement for democracy: camp out and don’t go home.  It had then added (as one of the Egyptians pointed out to me) a key tactic of that movement, the widespread and brilliant use of social media to jumpstart events.  And keep in mind that some of the Egyptian organizers at Tahrir Square had been trained in social networking by organizations like the International Republican Institute and the Democratic National Institute (created and indirectly funded by the U.S. Congress).

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”.

Amy Goodman: A New Bush Era or a Push Era

Back when Barack Obama was still just a U.S. senator running for president, he told a group of donors in a New Jersey suburb, “Make me do it.” He was borrowing from President Franklin D. Roosevelt, who used the same phrase (according to Harry Belafonte, who heard the story directly from Eleanor Roosevelt) when responding to legendary union organizer A. Philip Randolph’s demand for civil rights for African-Americans.

While President Obama has made concession after concession to both the corporate-funded tea party and his Wall Street donors, now that he is again in campaign mode, his progressive critics are being warned not to attack him, as that might aid and abet the Republican bid for the White House.

Enter the 99 percenters. The Occupy Wall Street ranks continue to grow, inspiring more than 1,000 solidarity protests around the country and the globe. After weeks, and one of the largest mass arrests in U.S. history, Obama finally commented: “I think people are frustrated, and the protesters are giving voice to a more broad-based frustration about how our financial system works.” But neither he nor his advisers-or the Republicans-know what to do with this burgeoning mass movement.

Bernie Sanders: Six Demands to Make of Wall Street

The Occupy Wall Street protests are shining a national spotlight on the most powerful, dangerous, and secretive economic and political force in America.

If this country is to break out of the horrendous recession and create the millions of jobs we desperately need, if we are going to create a modicum of financial stability for the future, there is no question but that the American people are going to have to take a very hard look at Wall Street and demand fundamental reforms.  I hope these protests are the beginning of that process.  

Let us never forget that as a result of the greed, recklessness, and illegal behavior on Wall Street, this country was plunged into the worst economic downturn since the Great Depression.  Millions of Americans lost their jobs, homes, and life savings as the middle class underwent an unprecedented collapse.  Sadly, despite all the suffering caused by Wall Street, there is no reason to believe that the major financial institutions have changed their ways, or that future financial disasters and bailouts will not happen again.

David Sirota: OWS doesn’t need Bloomberg’s permission

The billionaire mayor will “allow” peaceful protesters to remain. What right did he have to remove them?

Despite fawning media coverage of a mayor from whom many elite reporters hope to get a $500,000-a-year job, there remains a simple reason why polls show that a large number of rank-and-file New Yorkers haven’t fallen for the propaganda: It’s because he behaves like he believes he’s a king.

This is a billionaire despot who weekends in Bermuda and doesn’t come home for municipal emergencies; deliberately lands himself recession-blind headlines describing him as “baronial”; makes sure public workers plow his street while the Big Apple’s citizens die; and now, most recently, declares that he has the extra-constitutional power to decide who is “allowed” in New York City and who is not.

Robert Reich: The Seven Biggest Economic Lies

The President’s Jobs Bill doesn’t have a chance in Congress – and the Occupiers on Wall Street and elsewhere can’t become a national movement for a more equitable society – unless more Americans know the truth about the economy.

Here’s a short (2 minute 30 second) effort to rebut the seven biggest whoppers now being told by those who want to take America backwards. The major points:

1. Tax cuts for the rich trickle down to everyone else

2.Higher taxes on the rich would hurt the economy and slow job growth.

3. Shrinking government generates more jobs.

4. Cutting the budget deficit now is more important than boosting the economy.

5. Medicare and Medicaid are the major drivers of budget deficits.

6. Social Security is a Ponzi scheme.

7. It’s unfair that lower-income Americans don’t pay income tax.

E. J. Dionne, Jr.: The Rise of the Reverse Houdinis

Washington – So let’s see: The solution to large-scale abuses of the financial system, a breakdown of the private sector, extreme economic inequality and the failure of companies and individuals to invest and create jobs is — well, to give even more money and power to very wealthy people, to disable government and to trust those who got us into the mess to get us out of it.

That’s a brief summary of the news from the Republican Party this week. It’s what Republican candidates said during the Washington Post-Bloomberg debate, and it’s the signal Senate Republicans sent in voting as a bloc against President Obama’s jobs bill. Don’t just do something, stand there.

Jules Boykoff: Occupy Wall Street: Reclaiming Public Space, Reclaiming Dignity

As the public-space prairie fire known as Occupy Wall Street spreads across the country from New York to Portland, it’s becoming glaringly apparent activists are pinging the political target. In the face of both predictable right-wing detractors as well as high-profile liberals who want a crisp list of specific demands, activists have rejected top-down, slicker than slick press-release politics in favor of messy, slow, ground-up politics — the essence of radical democracy. Because the movement is leaderless, it has left the media rudderless.

At first many journalists were befuddled, wondering what the movement stood for. This is a bit odd. After all, the movement is called Occupy Wall Street and one of its central slogans is “We are the 99 percent.” People are fed up with the wealthiest 1 percent reaping the economic rewards, with the super-rich stuffing their pockets while the rest of us — the 99 percent — are left holding the bag.

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”.

Katrina vanden Heuvel: Will Occupy Wall Street’s Spark Reshape Our Politics?

When the organizers of Occupy Wall Street first gathered to discuss their plan of action, the strategy that resonated most came from those who had occupied squares in Madrid and Athens, Tunis and Cairo. According to David Graeber, one of Occupy Wall Street’s organizers, “they explained that the model that seemed to work was to take something that seemed to be public space, reclaim it, and build up an organization and headquarters around [it].”

Six weeks later, on September 17, the occupation in downtown New York began, with scant attention, minimal and often derisive media coverage, and little expectation that it would light a spark where others had not. Now, in its fourth week, Occupy Wall Street has the quality of an exploding star: It is gathering energy in enormous and potent quantities, and propelling it outward to all corners of the country.

Danny Schechter: As the GOP Blames Obama for Wall Street “Mobs” the Occupy Movement Spreads Nationwide and Is No Friend of the President

Who is behind the Wall Street protests?

The Republican minority leader, Eric Cantor, has searched up and down in his usual rigorous manner and found the culprit.

In his knee-jerk view, it’s President Obama. His latest crime: encouraging these “mobs.”

In one sentence, he blamed the President, who in GOP conspiracy think, is to blame for everything, including bad weather. He also not so subtly conjures up the memory of the Mafia, New York’s perennial bad guys.

In one phrase, Obama stood accused of encouraging these…. pause for righteous indignation — MOBS!

Never mind that if you spend any time at Occupy Wall Street, you will encounter as many criticisms of the President’s policies — save the questions about his birth and “real Americaness” — as you would at a conclave of the Tea Party.

Only the criticism is different. In the latter world of make-believe, he is a hard line Socialist. In the former, he is, in effect, a Republican, a backer of the Wall Street capitalists the occupiers are battling.

Ben Lillston: The 1 Percent’s Trade Deals

This week, the House of Representatives will consider three pending U.S. free trade deals with South Korea, Colombia and Panama. The push to further deregulate trade seems to be one of the few things that President Obama and Congressional Republicans can agree on. And it represents, in stark detail, why so many around the country are protesting excess corporate power in Washington.

There is no clarion call from the public for more free trade agreements. An NBC/Wall Street Journal poll last year found that 69 percent of Americans believe free trade deals cost Americans jobs, only 18 percent believe they create jobs (see Public Citizen’s trade polling memo for more).

Dave Zirin: Dr. John Carlos Raises His Fist With Occupy Wall Street

Last night I had the privilege of introducing 1968 Olympian Dr. John Carlos to the General Assembly at Occupy Wall Street. This morning I had the duty of introducing John Carlos to Sen. Chuck Schumer in the MSNBC green room. Both were unforgettable experiences. When Dr. Carlos and I arrived an Occupy Wall Street, it comprised all the ordered chaos you could imagine. People of all backgrounds and ages were packed shoulder to shoulder in Zucotti Park. Police stood at attention, glowering from the outside. Homemade igns ranging from, “”Undocumented immigrants are part of the 99% to “We Remember Troy Davis” to “Tax the Rich!” encircled the square. John Carlos looked at me with that twinkle in his eye and said, “It’s great to be home.”

[]

As Dr. Carlos and I were leaving the MSNBC studio, we bumped into someone also very familiar with Wall Street, albeit the non-occupied sections, New York Senator Chuck Schumer. I made the introduction, on my best green room behavior, and bit my tongue. Chuck Schumer then looked at John’s body up and down and said, You’re in great shape! Are you still running?” John paused beautifully and said, “Running for justice.” Schumer, perhaps for the first time, was tongue-tied. I would just add that John isn’t “just running for justice,” he’s running toward justice; and he has a hell of a lot of company.

Dean Baker: David Brooks: Bard of the 1 Percent

David Brooks delved deep into his storage locker of misinformation to tell readers that the idea of blaming the richest 1 Percent for the country’s problems is just silly. He told us that the really big ideas aren’t about reversing the upward redistribution of income from the top, they are from centrists who want to do things like cut our Social Security and make us pay more for health care. Let’s have some fun with Mr. One Percent.

William Rivers Pitt: A Delicate Moment for the Occupy Wall Street Movement

Anyone who still thinks the ‘Occupy Wall Street’ protests are some kind of fluke, an exercise in ego inflation by spoiled college kids and aging hippies, needs to go back to bed. This thing is very much for real, is very large, and is growing exponentially. Similar protests have sprung up in dozens of cities all across the country, and with an ‘Occupy the London Stock Exchange’ action set to take place on Saturday, the movement is poised to become an international affair.

The New York police have already laid into the Wall Street protesters with unnecessary violence on more than one occasion, and the Boston police have likewise gotten into the action . . . . .

Frontal assaults have not been the only tactic deployed by those who would like to see the OWS movement dry up and blow away. Patrick Howley, an assistant editor for the right-bent publication The American Spectator, bragged on the Spectator’s website about deliberately disrupting a peaceful protest at the National Air and Space Museum in Washington DC, for no other reason than to give the protesters a bad name. James O’Keefe, the wannabe gotcha-journalist famous for his manipulative hit pieces on ACORN and NPR, has been spotted skulking around Wall Street…which sets up an amusing potential endgame for him, as he is on probation in New Jersey and requires a judge’s permission to leave the state. As best as anyone can determine, that permission was never obtained. Hopefully Mr. O’Keefe can find refuge in an OWS protester’s tent to avoid the judge’s wrath.

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: When Industry Pollutes, We All Pay a Steep Price

Economics professors Nicholas Z. Muller, Robert Mendelsohn and William Nordhaus have a new paper in the latest edition of the American Economic Review that should be a major factor in how we discuss economic ideology. It won’t, of course, but let me lay out the case anyway.

In their paper, “Environmental Accounting for Pollution in the United States Economy,” what Muller, Mendelsohn and Nordhaus do is estimate the cost imposed on society by air pollution, and allocate it across industries. The costs being calculated, by the way, don’t include the long-run threat of climate change; they’re focused on measurable impacts of pollution on health and productivity, with the most important effects involving how pollutants – especially small particulates – affect human health, and use standard valuations on mortality and morbidity to turn these into dollars.

New York Times Editorial: Chipping Away at Gridlock

A small but significant blow for progress in the Senate was struck Thursday evening when Democrats voted to prohibit one of the many delaying tactics that keep the chamber tied up in pointless partisan arguments. It was a long way from desperately needed filibuster reform, but it showed that sufficiently frustrated senators can take action to prevent the Senate from being a total dead weight.

Unlike the House, the Senate has long safeguarded the rights of its minority party to prevent a simple majority from swiftly bulldozing bills into law. Any senator has the right to prolong debate on an issue, unless 60 senators vote to cut off a filibuster, a move known as cloture. Then there is a limit to the amendments that can be introduced.

E. J. Dionne: Elizabeth Warren: Refuting Straw Liberals

Washington – It’s not often that a sound bite from a Democratic candidate gets so under the skin of my distinguished colleague George F. Will that he feels moved to quote it in full and then devote an entire column to refuting it. This is instructive.

The declaration heard ’round the Internet world came from Elizabeth Warren, the consumer champion running for the U.S. Senate in Massachusetts. Warren argued that “there is nobody in this country who got rich on his own,” that thriving entrepreneurs move their goods “on the roads the rest of us paid for” and hire workers “the rest of us paid to educate.” Police and firefighters, also paid for by “the rest of us,” protect the factory owner’s property. As a result, our “underlying social contract” requires this hardworking but fortunate soul to “take a hunk” of his profits “and pay forward for the next kid who comes along.”

Eugene Robinson: Occupy the Moment

Washington – Occupy Wall Street and its kindred protests around the country are inept, incoherent and hopelessly quixotic. God, I love ’em.

[]

We have no shortage of politicians in this country. What we need is more passion and energy in the service of justice. We need to be forced to answer questions that sound simplistic or naive — questions about ethics and values. Detailed policy positions can wait.

At some point, these protest encampments will disappear — and, since the nation and the world will not have changed, they’ll be judged a failure. But I’ve got a hunch that this likely judgment will be wrong. I think the seed of progressive activism in the Occupy protests may grow into something very big indeed.

Agnès Catherine Poirier: Can Marine Le Pen Win in France?

The handshake is firm, the eye contact direct, the voice deep and strong; there is no doubt she is her father’s daughter. Marine Le Pen also shares with papa Jean-Marie-the longtime leader of France’s extreme-right National Front, who retired last December at 82-the physicality of a menhir, those monumental stone megaliths one finds in Brittany and Cornwall. The blue-eyed blonde is as tall as she is large; she is une force de la nature.

Ben Adler: Another Racial Misstep for Perry?

After the Washington Post revealed that Rick Perry’s family hunting property had a racist name you would think the Perry campaign would be on their best behavior where racial politics are concerned. You’d be wrong.

On Friday Rick Perry’s wife Anita will visit Bob Jones University, the Christian college school in Greenville, South Carolina to have lunch with students and faculty. BJU has an unpleasant recent history regarding race. It did not admit any black students until 1971, and it did not admit unmarried black students until 1975. Fearing that it would lose its tax-exempt status due its racist policies, in 1975 BJU admitted unmarried black students. But it simultaneously adopted rules banning inter-racial dating.

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: Panic of the Plutocrats

It remains to be seen whether the Occupy Wall Street protests will change America’s direction. Yet the protests have already elicited a remarkably hysterical reaction from Wall Street, the super-rich in general, and politicians and pundits who reliably serve the interests of the wealthiest hundredth of a percent.

And this reaction tells you something important – namely, that the extremists threatening American values are what F.D.R. called “economic royalists,” not the people camping in Zuccotti Park.

Consider first how Republican politicians have portrayed the modest-sized if growing demonstrations, which have involved some confrontations with the police – confrontations that seem to have involved a lot of police overreaction – but nothing one could call a riot. And there has in fact been nothing so far to match the behavior of Tea Party crowds in the summer of 2009.

New York Times Editorial: The Myth of Voter Fraud

It has been a record year for new legislation designed to make it harder for Democrats to vote – 19 laws and two executive actions in 14 states dominated by Republicans, according to a new study by the Brennan Center for Justice. As a result, more than five million eligible voters will have a harder time participating in the 2012 election.

Of course the Republicans passing these laws never acknowledge their real purpose, which is to turn away from the polls people who are more likely to vote Democratic, particularly the young, the poor, the elderly and minorities. They insist that laws requiring government identification cards to vote are only to protect the sanctity of the ballot from unscrupulous voters. Cutting back on early voting, which has been popular among working people who often cannot afford to take off from their jobs on Election Day, will save money, they claim.

None of these explanations are true. There is almost no voting fraud in America. And none of the lawmakers who claim there is have ever been able to document any but the most isolated cases. The only reason Republicans are passing these laws is to give themselves a political edge by suppressing Democratic votes.

Robert Reich: The Wall Street Occupiers and the Democratic Party

Will the Wall Street Occupiers morph into a movement that has as much impact on the Democratic Party as the Tea Party has had on the GOP? Maybe. But there are reasons for doubting it.

Tea Partiers have been a mixed blessing for the GOP establishment – a source of new ground troops and energy but also a pain in the assets with regard to attracting independent voters. As Rick Perry and Mitt Romney square off, that pain will become more evident.

So far the Wall Street Occupiers have helped the Democratic Party. Their inchoate demand that the rich pay their fair share is tailor-made for the Democrats’ new plan for a 5.6 percent tax on millionaires, as well as the President’s push to end the Bush tax cut for people with incomes over $250,000 and to limit deductions at the top.

And the Occupiers give the President a potential campaign theme. “These days, a lot of folks who are doing the right thing aren’t rewarded and a lot of folks who aren’t doing the right thing are rewarded,” he said at his news conference this week, predicting that the frustration fueling the Occupiers will “express itself politically in 2012 and beyond until people feel like once again we’re getting back to some old-fashioned American values.”

But if Occupy Wall Street coalesces into something like a real movement, the Democratic Party may have more difficulty digesting it than the GOP has had with the Tea Party.

William Rivers Pitt: Bank On It: They’re Scared

Far be it from me to accuse Gandhi of missing a note, but in the case of the ‘Occupy Wall Street’ protests, the Mahatma’s famous quote appears to be lacking a few essential words. “First they ignore you,” he said, “then they ridicule you, then they fight you, then you win.”

That’s not quite correct.

Certainly, the OWS protests began with a great whistling silence from the “mainstream” news media. It is only because of the resources available to the average person in this marvelous technological age we live in that word of the protest ever reached beyond its original location.

[]

First they ignore you.

Then they ridicule you.

Then they get scared.

Then they fight you.

Then you win.

I don’t think the Mahatma would mind this small edition to his statement. It fits.

And it’s true. They are scared.

You can smell it.

Les Leopold: Ten Things to Know About Wall Street’s Rapacious Attack on America

But now Americans are fighting back and there’s no telling where Occupy Wall Street can lead.

When you climb out of the subway at Wall Street, you might wonder why there are no protestors in the cavernous alley by the stock exchange. That’s because since 9/11, Wall Street has been barricaded shut to prevent possible attacks. But up the block at Zuccotti Park between Liberty and Cedar streets, west of Broadway, the party’s on.

There you’ll find a festive group of about 1,000 people, mostly young folks having a good time accompanied by the occasional cluster of old lefties singing songs. People make signs while sitting on the ground then prop them up wherever they can find a space. They gather at tables filled with donated food and browse boxes of donated books. You also can’t miss the swarm of media folks milling around asking questions, taping interviews and taking notes: they’re the ones in dress suits who spend most of their time interviewing each other. My favorite sign held by an occupier is painted on a skateboard: “This is what Freedom Looks Like.” My son would agree.

And my recurring thought is, “It’s about f’ing time.”

John Nichols: Hypocrisy Share Values Soar as Tea Party Republicans Accuse Occupy Wall Street of ‘Dividing Americans’

If share values could be devised for hypocrisy, Eric Cantor’s would be soaring.

When Tea Party activists swarmed Washington, DC, in 2009, the Virginia congressman hailed them with “fighting” words.

>Now, however, the No. 2 Republican in the House is attacking the Occupy Wall Street movement for pitting “Americans against Americans.”

Cantor’s not the only protest hypocrite. Republican presidential contender Herman Cain, a Tea Party favorite known for his anti-Muslim rants, is attacking Occupy Wall Street protests as “Un-American.” Rush Limbaugh is condemning the demonstrators as “parasites.”

But it is Cantor who is cornering the hypocrisy market.

David Macaray: Who Can Believe How Far We’ve Fallen?

How many stockbrokers, lawyers, bankers, accountants, or aluminum siding salesmen would turn down a big, fat pay raise if it came with strings attached? What if accepting that raise was contingent upon future new-hires being denied the opportunity to earn those same wages? Would they make a personal sacrifice for these unsuspecting, future employees-reject a pay raise as a matter of principle-or would they take the money and run? My guess is that most would take the money.

And yet we hear the pejorative term “sell-out” applied to union negotiators who agree to two-tier arrangements. Under a two-tier wage/benefit schedule, new-hires can never receive the same compensation as those employees already on the payroll. We hear “sell-out” applied to the UAW (United Auto Workers), and, unfortunately, we hear it applied with little or no understanding of how ferociously the union resisted it, or how forcefully the two-tier configuration was crammed down their throats.

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:

This Week with Christiane Amanpour: Ms. Amanpour will have an exclusive interview with House Minority Leader Nancy Pelosi.

At the roundtable, with George Will, political strategist Matthew Dowd, Peggy Noonan of the Wall Street Journal and Democratic strategist Donna Brazile, will be joined by Mississippi governor and former RNC chairman Haley Barbour to size up the race for the Republican nomination.

Rumor has it that Jesse Lagreca, aka MinistryofTruth at Daily Kos, is booked to appear on “This Week”.

Face the Nation with Bob Schieffer: Bob Schieffer interviews two Republican presidential candidates: former House Speaker Newt Gingrich and businessman Herman Cain and a roundtable with CBS News political analyst John Dickerson; CBS News Congressional Correspondent Nancy Cordes; and Washington Post Columnist .

The Chris Matthews Show: This week’s guests, Howard Fineman, The Huffington Post Senior Political Editor, Katty Kay, BBC Washington Correspondent, Dan Rather, HDNet Global Correspondent and Lizzie O’Leary, Bloomberg TV Washington Correspondent who will discuss these topics:

Is America Beginning A Long-term Decline?

How Is Chris Christie Making Mitt Romney Look Unacceptable?

Meet the Press with David Gregory: Mr. Gregory will have interviews with Chicago Mayor Rahm Emanuel and House Budget Chairman Rep. Paul Ryan (R-WI).

Insights and analysis from Rep. Aaron Schock (R-IL), Rep. Luis Gutierrez (D-IL), Co-author of “All the Devils are Here,” Vanity Fair’s Bethany McLean, and Time Magazine’s Mark Halperin on the economy. the jobs bill and latest on race for the White House.

State of the Union with Candy Crowley: Guests are Herman Cain and Michelle Bachmann. Also a discussion about jobs and the economy with guests Mark Zandi, Chief Economist of Moody’s Analytics, Peter Baker, White House Correspondent for the New York Times, and Ron Brownstein, CNN Senior Political Analyst.

Peter Dreier: Victory! Transforming Occupy Wall Street From a Moment to a Movement

The protesters challenging the big banks and the super-rich won a dramatic victory in Los Angeles on Thursday, as I describe below. OneWest Bank, the biggest bank based in Southern California, and Fannie Mae, stopped their foreclosure and eviction against Rose Gudiel, a working class homeowner, in response to a brilliantly executed protest movement by community and union activists.

The question facing the activists is this: Is the Occupy Wall Street phenomenon a moment of protest or a movement for sustained change? Will Rose Gudiel become the Rosa Parks of a new economic justice movement?

[]

It appears that this convergence of Occupy Wall Street (which has now spread to dozens of cities) and the unions and community organizing groups — that have been working for years to spark a movement like this — may be happening. They now face the dilemma confronted by the American Left for years: Can they bring together visionary calls for radical change with specific demands for immediate reform?

Glenn Greenwald: The CIA’s impunity on ‘torture tapes’

That the CIA could destroy its videotapes of 9/11 conspirator interrogations without penalty is a shocking abuse of democracy

Lee Hamilton and Tom Kean – the co-chairmen of the 9/11 Commission – are the prototypical Wise Old Men of Washington. These are the types chosen to head blue-ribbon panels whenever the US government needs a respectable, trans-partisan, serious face to show the public in the wake of a mammoth political failure. Wise Old Men of Washington are entrusted with this mission because, by definition, they are loyal, devoted members of the political establishment and will criticise political institutions and leaders only in the most respectful and restrained manner.

That is why it was so remarkable when Hamilton and Kean, on 2 January 2008, wrote an op-ed in the New York Times repeatedly accusing the CIA and the Bush White House of knowingly “obstructing” their commission’s investigation into the 9/11 attack. As many imprisoned felons can attest, the word “obstruction” packs a powerful punch as a legal term of art signifying the crime of “obstruction of justice”, and yet, here were these two mild-mannered, establishment-protecting civil servants accusing CIA and Bush officials of that crime in the most public and unambiguous manner possible.

Alexander Cockburn: U.S. and Saudi Relations on Oil

Pose a threat to the stability of Saudi Arabia, as the Shiite upsurges are now doing in Qatif and al-Awamiyah in the country’s oil-rich Eastern Province, and you’re brandishing a scalpel over the very heart of the long-term U.S. policy in the Middle East. The fall of America’s ally, the Shah of Iran, in 1979 only magnified the strategic importance of Saudi Arabia.

In 1945, the chief of the State Department’s Division of Near Eastern Affairs wrote in a memo that the oil resources of Saudi Arabia are a “stupendous source of strategic power and one of the greatest material prizes in world history.” The man who steered the Saudi princes towards America and away from Britain, was St. John Philby, Kim Philby’s father, and with that one great stroke he wrought far more devastation on the Empire than his son ever did.

These days, the U.S. consumes about 19 million barrels of oil every 24 hours, about half of them imported. At 25 percent, Canada is the lead oil supplier. Second comes Saudi Arabia at 12 percent. But the supply of crude oil to the U.S. is only half the story. Saudi Arabia controls the Organization of Petroleum Exporting Countries’ oil price and adjusts it carefully with U.S. priorities in the front of their minds.

Douglas Rushkoff: Think Occupy Wall St. is a Phase? You Don’t Get It

Like the spokesmen for Arab dictators feigning bewilderment over protesters’ demands, mainstream television news reporters finally training their attention on the growing Occupy Wall Street protest movement seem determined to cast it as the random, silly blather of an ungrateful and lazy generation of weirdos. They couldn’t be more wrong and, as time will tell, may eventually be forced to accept the inevitability of their own obsolescence.

Consider how CNN anchor Erin Burnett, covered the goings on at Zuccotti Park downtown, where the protesters are encamped, in a segment called “Seriously?!” “What are they protesting?” she asked, “nobody seems to know.” Like Jay Leno testing random mall patrons on American History, the main objective seemed to be to prove that the protesters didn’t, for example, know that the U.S. government has been reimbursed for the bank bailouts. It was condescending and reductionist.

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”.

Sen. Bernie Sanders: Rein in Wall Street and Rescue the Middle Class

It’s time for us to end the financial oligarchy so destructive to our economy. If a bank is too big to fail, it is too big to exist

The protest movement called Occupy Wall Street has struck a nerve. The demonstrators’ goals may be vague but their grievances are very real. If our country is to break out of this horrendous recession and create the millions of jobs we desperately need, if we are going to create a financially-stable future, we must take a hard look at Wall Street and demand fundamental reforms. I hope the protesters provide the spark that ignites that process.

The truth is that millions of Americans lost their jobs, their homes and their life savings because of the greed, recklessness and illegal behavior of Wall Street. Even Federal Reserve Chairman Ben Bernanke agreed when I questioned him this week at a joint economic committee hearing that that there was “excessive risk-taking” by Wall Street. Bernanke also said the protesters “with some justification” hold the financial sector responsible for “getting us into this mess”, and added, “I can’t blame them.”

Malalai Joya: Message on the Tenth Anniversary of NATO’s War and the Occupation of Afghanistan

I would like to thank all supporters and anti-war movements around the world who are marking the dark day of occupation of U.S. and NATO in Afghanistan.

Respected friends – 10 years ago the U.S. and NATO invaded my country under the fake banners of women’s rights, human rights, and democracy. But after a decade, Afghanistan still remains the most uncivil, most corrupt, and most war torn country in the world. The consequences of the so-called war on terror has only been more bloodshed, crimes, barbarism, human rights, and women’s rights violations, which has doubled the miseries and sorrows of our people.

During these bloody years, tens of thousands of innocent civilians have been killed by occupation forces and terrorist groups. When Barack Obama took office in 2008, unfortunately his first news for my people was more conflict and more war. It was during Obama’s administration that civilian death tolls increased by 24%. And the result of the surge of troops of Obama’s administration is more massacres, more crimes, violence, destruction, pain, and tragedy. That’s why he has proved himself as a warmonger — as second even more dangerous Bush.

John Nichols: The Politics of ‘Occupy Wall Street’: Sanders and Progressives Endorse, Ron Paul Sympathetic, Obama Silent

The “Occupy Wall Street” movement’s political breakthrough came Wednesday as leaders of the Congressional Progressive Caucus and the Congressional Black Caucus joined Sen. Bernie Sanders, I-Vt., in endorsing the burgeoning national challenge to corporate greed and corrupt politics.

On a day that saw thousands of union members, community activists and supporters of New York’s Working Families Party rally in solidarity with the New York protests, Congressman John Larson, the Connecticut Democrat who is the fourth-ranking member of the party’s House Caucus, announced, “The silent masses aren’t so silent anymore.”

Of the demonstrators, Larson said, “They are fighting to give voice to the struggles that everyday Americans are going through.”

Not surprisingly, it was Sanders who offered the most full-throated support of the movement. At the Campaign for America’s Future “Take Back America” conference, he declared: “We have the ‘crooks’ on Wall Street, and I use that word advisedly – don’t misquote me, the word is ‘crooks’ – whose greed, whose recklessness, whose illegal behavior caused this terrible recession with so much suffering. We believe in this country; we love this country; and we will be damned if we’re going to see a handful of robber barons control the future of this country.”

Robert Naiman: We, the 99%, Demand the End of the Wars Now

After ten years of war, now is a perfect time to act to end the wars in Iraq and Afghanistan. The Friends Committee on National Legislation has set up a toll-free number for us to call Congress: 1-877-429-0678. A Congressional “Supercommittee” is charged with coming up with $1.5 trillion in reduced debt over ten years, and the wars and the bloated Pentagon budget dangle before the Supercommittee like overripe fruit.

A recent CBS poll shows how far out of step with the 99% the Pentagon’s plans are. 62% want U.S. troops out within two years.

But the Pentagon wants to stay for at least thirteen more years.

So what else is new, you may say. The Pentagon wants to stay everywhere forever.

But here is a key political fact about the world in which we live: the Pentagon does not always get what it wants. The Pentagon did not want to eat a timetable for the withdrawal of all Pentagon forces from Iraq by December, but the Pentagon was forced to eat such a timetable anyway. Now, the Pentagon is trying to undo the timetable. But it is far from clear that the Pentagon will succeed. Already it has been forced to lower its sights to seeking to keep a force of no more than 5000 “trainers.” But even that lowered aspiration may well fail. The Iraqi government has said that it’s fine if thousands of “trainers” stay – as long as they don’t have immunity from Iraqi law. But the U.S. government says that’s a red line: in order to stay, the “trainers” must have immunity from Iraqi law. So less than three months before all Pentagon forces are supposed to leave Iraq, there is no deal. There well might never be a deal, and all Pentagon forces may well come out on schedule.

Dean Baker: Steve Jobs and Alan Greenspan

On the tragic passing of Steve Jobs, while still a relatively young man, it is interesting to juxtapose him to Alan Greenspan, one of the other iconic figures of our time. One made us rich, with a vast array of new products and new possibilities. The other made us poor with a long lasting downturn that could persist for more than a decade.

The two of them can be taken as symbols for the best and worst of modern capitalism. Jobs is the symbol of capitalism when it works. Again and again he broke through barriers, creating new products that qualitatively altered the market by making vast improvements over the competition.

Apple made personal computers a standard household product by developing a simple user friendly idiot-proof system that anyone could use. Jobs was a decade ahead of the Microsoft based systems, using menu driven computers in the mid-80s that were not matched by Microsoft until Windows was developed in the mid-90s. His later generation of computers continues to include features that make it far superior to the competition.

Bill Quigley: Report from Haiti: Where’s the Money?

Broken and collapsed buildings remain in every neighborhood. Men pull oxcarts by hand through the street. Women carry 5 gallon plastic jugs of water on their heads, dipped from manhole covers in the street. Hundreds of thousands remain in grey sheet and tarp covered shelters in big public parks, in between houses and in any small pocket of land. Most of the people are unemployed or selling mangoes or food on the side of every main street. This was Port au Prince during my visit with a human rights delegation of School of Americas Watch – more than a year and a half after the earthquake that killed hundreds of thousands and made two million homeless.

What I did not see this week were bulldozers scooping up the mountains of concrete remaining from last January’s earthquake. No cranes lifting metal beams up to create new buildings. No public works projects. No housing developments. No public food or public water distribution centers.

Everywhere I went, the people of Haiti asked, “Where is the money the world promised Haitians?”

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