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: How Austerity Is Ushering in a Global Recession

Not only is the United States slouching toward a double dip, but so is Europe. New data out today show even Europe’s strongest core economies – Germany, France, and the Netherlands – slowing to a crawl.

We’re on the cusp of a global recession.

Policy makers be warned: Austerity is the wrong medicine.

We all know about the weaknesses in Europe’s “periphery” – Greece, Ireland, Spain, Portugal, and Italy. But the drop in Europe’s core is dizzying.

Germany grew at an annualized rate of just half a percent last quarter, down from 5.5 percent in the first quarter of the year. France didn’t grow at all.

What’s going on in Europe’s core? Partly it’s a loss of confidence due to debt crises in the periphery. But that’s hardly all.

Robert Sheer: The Biggest Little Hypocrite in Texas

It is unfathomable that yet another Texas blowhard governor has emerged as a front-runner for the GOP presidential nomination. The persistent appeal of the mythology of Texas as a model for the nation defies the lessons of logic and experience, and yet here we are with Rick Perry, a George W. Bush look-alike, as a prime contender to once again run our nation into the ground.

To begin with, Texas is not and never will be a model for the nation unless the other states discover similarly rich deposits of oil and natural gas that account for one-third of jobs and supply 40 percent of tax revenues within those states. If Texas energy receipts and jobs helped float Gov. Bush’s reputation, they have been nothing short of miraculous for Perry’s tenure. The price of oil rose from $25 a barrel when Lt. Gov. Perry replaced the newly elected President Bush to $147 in 2008 and has stayed at more than $80 a barrel since, to the dismay of anyone who has to buy gasoline.

Frances G. Bienecke: No to Arctic Drilling

ABOUT 55,000 gallons of oil have escaped into the North Sea since last week from a leaky pipeline operated by Royal Dutch Shell, about 100 miles off Scotland.

Last year, Americans watched in mounting fury as the oil industry and the federal government struggled for five disastrous months to contain the much larger BP blowout in the Gulf of Mexico.

Now imagine the increased danger and difficulty of trying to cope with a similar debacle off Alaska’s northern coast, where waters are sealed by pack ice for eight months of each year, gales roil fog-shrouded seas with waves up to 20 feet high and the temperature, combined with the wind chill, feels like 10 degrees below zero by late September.

That’s the nightmare the Obama administration is inviting with its preliminary approval of a plan by Shell to drill four exploratory wells beginning next summer in the harsh and remote frontier of the Beaufort Sea, off the North Slope of Alaska.

New York Times Editorial: Wrong Answers in Britain

Nothing can justify or excuse the terrifying wave of violent lawlessness that swept through London and other British cities earlier this month. Hardworking people in struggling neighborhoods were its principal victims. Public support for racial and ethnic coexistence also suffered a damaging, and we fear lasting, blow.

The perpetrators must be punished, the police must improve their riot control techniques, and Prime Minister David Cameron’s government must do all it can to make such episodes less likely in the future. We are more confident about the first two happening than the third.

Mr. Cameron, a product of Britain’s upper classes and schools, has blamed the looting and burning on a compound of national moral decline, bad parenting and perverse inner-city subcultures.

William Pfaff: Assassination as Foreign Policy

Following the Second World War, people who had been involved with the American, British and other Allies’ “Jedburgh” teams supporting the European Resistance just before the Normandy landings, and the work of the British Special Operations Executive and the American Office of Strategic Services in Asia, were among those planning for the eventuality of a Soviet invasion of Western Europe.

We know now that this invasion never was a serious risk, either while Stalin was alive or after his death in 1953, but it was a threat that preoccupied governments in the West. Before the creation of NATO, a rudimentary “stay-behind” network of Europeans was developed to provide the nucleus for resistance following such an invasion. This was the work of the U.S. State Department-controlled Office of Policy Coordination, predecessor to the CIA, and British Intelligence’s MI9 department, which had run underground networks during the war. The U.S. part of the project was later assigned to the Defense Department. The operation was called “Gladio” (a Roman short sword) and remained secret until 1990. (In Italy and certain other countries, it had been corrupted by acquiring a right-wing conspiratorial political character.)

E. J. Dionne, Jr.: The GOP’s Summer of Discontent http://www.truthdig.com/report…

Mitt Romney’s presidential campaign is a cross between the Little Engine That Could and the big chain store fending off attacks from upstart rivals.

Romney gets little love from his fellow Republicans. He’s always confronting rumors spread by people who ought to support him that the existence of such a “weak field” will soon encourage new and better candidates to get in. The “weak field” line means they think Romney just doesn’t have it.

Yet Romney hangs on, methodically chipping away, avoiding mistakes and using his financial and organizational advantages to muscle his way through one month after another.

Sam Pizzigati: Doing Debt Ceiling Battle the FDR Way

At times of national fiscal crisis, President Franklin Roosevelt ever so firmly believed, you don’t give the awesomely affluent a free pass. You pound them – and then you pound them some more.

Against a Congress where zealously rich people-friendly conservatives hold the upper hand, how much can a President of the United States committed to greater equality realistically hope to accomplish?

The answer from today’s White House: not much. Advocacy for equality has to take a backseat, Obama administration insiders insist, once fanatical friends of the fortunate in Congress recklessly put at risk our nation’s full faith and credit.

But history offers another alternative. Back in 1943, halfway through World War II, a President of the United States confronted a debt ceiling crisis eerily similar to our own. That President, Franklin Roosevelt, faced a congressional opposition to inconveniencing the rich – with higher taxes – every bit

David Bromwich: Symptoms of the Bush-Obama Presidency http://www.tomdispatch.com/pos…

The Saved and the Sacked

Is it too soon to speak of the Bush-Obama presidency?

The record shows impressive continuities between the two administrations, and nowhere more than in the policy of “force projection” in the Arab world. With one war half-ended in Iraq, but another doubled in size and stretching across borders in Afghanistan; with an expanded program of drone killings and black-ops assassinations, the latter glorified in special ceremonies of thanksgiving (as they never were under Bush); with the number of prisoners at Guantanamo having decreased, but some now slated for permanent detention; with the repeated invocation of “state secrets” to protect the government from charges of war crimes; with the Patriot Act renewed and its most dubious provisions left intact — the Bush-Obama presidency has sufficient self-coherence to be considered a historical entity with a life of its own.

The significance of this development has been veiled in recent mainstream coverage of the national security state and our larger and smaller wars. Back in 2005-2006, when the Iraqi insurgency refused to die down and what had been presented as “sectarian feuding” began to look like a war of national liberation against an occupying power, the American press exhibited an uncommon critical acuteness. But Washington’s embrace of “the surge” in Iraq in 2007 took that war off the front page, and it — along with the Afghan War — has returned only occasionally in the four years since.

 

Punting the Pundits

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

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

Wednesday is Ladies’ Day

Naomi Klein: Daylight Robbery, Meet Nighttime Robbery

I keep hearing comparisons between the London riots and riots in other European cities-window smashing in Athens or car bonfires in Paris. And there are parallels, to be sure: a spark set by police violence, a generation that feels forgotten.

But those events were marked by mass destruction; the looting was minor. There have, however, been other mass lootings in recent years, and perhaps we should talk about them too. There was Baghdad in the aftermath of the US invasion-a frenzy of arson and looting that emptied libraries and museums. The factories got hit too. In 2004 I visited one that used to make refrigerators. Its workers had stripped it of everything valuable, then torched it so thoroughly that the warehouse was a sculpture of buckled sheet metal.

Back then the people on cable news thought looting was highly political. They said this is what happens when a regime has no legitimacy in the eyes of the people. After watching for so long as Saddam and his sons helped themselves to whatever and whomever they wanted, many regular Iraqis felt they had earned the right to take a few things for themselves. But London isn’t Baghdad, and British Prime Minister David Cameron is hardly Saddam, so surely there is nothing to learn there.

Ruth Marcus: Rick Perry: Tax the Poor!

“We’re dismayed at the injustice that nearly half of all Americans don’t even pay any income tax.”

-Texas Gov. Rick Perry, presidential announcement speech, Aug. 13, 2011.

Washingotn – Really? Of all the ills in the world, of all the problems with the economy, all the difficulties with the tax code, this is the one that Perry chooses to lament?

Perry’s statement conjures visions of America as Slacker Nation, where the overburdened wagon-pullers drag an increasingly heavy burden of freeloaders. His number is correct but, like other conservatives who have seized on the statistic, Perry draws from it a dangerously misleading lesson.

The nonpartisan Tax Policy Center estimates that 46.4 percent of households will owe no federal income tax in 2011. This is, for the most part, not because people have chosen to loaf. It’s because they are working but simply don’t earn enough to owe income taxes, based on the progressive structure of the tax code and provisions designed to help the working poor and lower-income seniors.

Amy Goodman: San Francisco Bay Area’s BART Pulls a Mubarak

What does the police killing of a homeless man in San Francisco have to do with the Arab Spring uprisings from Tunisia to Syria? The attempt to suppress the protests that followed. In our digitally networked world, the ability to communicate is increasingly viewed as a basic right. Open communication fuels revolutions-it can take down dictators. When governments fear the power of their people, they repress, intimidate and try to silence them, whether in Tahrir Square or downtown San Francisco.

snip

Expect hacktivist groups to support revolutions abroad, but also to assist protest movements here at home. In retaliation for BART’s cellphone shutdown, a decentralized hacker collective called Anonymous shut down BART’s website. In a controversial move, Anonymous also released the information of more than 2,000 BART passengers, to expose the shoddy computer security standards maintained by BART.

The BART police say the FBI is investigating Anonymous’ attack. I interviewed an Anonymous member who calls himself “Commander X” on the “Democracy Now!” news hour. His voice disguised to protect his anonymity, he told me over the phone: “We’re filled with indignation, when a little organization like BART … kills innocent people, two or three of them in the last few years, and then has the nerve to also cut off the cellphone service and act exactly like a dictator in the Mideast. How dare they do this in the United States of America.”

Kristina Kallas and Akila Radhakrishnan: Why Is the U.S. Waging War on Women Raped in War?

Mandatory sonograms, forced lectures by doctors, humiliating permission slips from abusive husbands, paternalistic opinions from Supreme Court Justice Kennedy, uneducated and patently stupid soundbites from Tea Partiers. That’s not the worst. In this newest wave of the war on women, let’s not forget the U.S. government’s abortion policies toward women in war.

Rape is systematically being used as a weapon of war in conflicts worldwide. During the Rwandan genocide it is estimated that between 250,000 and 500,000 women were raped in 100 days and that approximately 20,000 children were born as a result of rape. Recent reports from Burma indicate that Burmese soldiers have orders to rape women. 387 civilians were raped in Walikale, North Kivu in the Democratic Republic of Congo (DRC) in a 4 day period last year. In 2008 alone, the U.N. Population Fund recorded 16,000 cases of rape in DRC, two-thirds of them adolescent girls and other children, in an area where rape is vastly underreported. Imagine what the real numbers are.

Mary Bottari: ALEC: Facilitating Corporate Influence Behind Closed Doors

Through the American Legislative Exchange Council (ALEC), corporations pay to bring state legislators to one place, sit them down for a sales pitch on policies that benefit the corporate bottom line, then push “model bills” for legislators to make law in their states. Corporations also vote behind closed doors alongside politicians on this wishlist legislation through ALEC task forces. Notably absent were the real people who would actually be affected by many of those bills and policies.

With legislators concentrated in one city, lobbyists descend on the conference to wine-and-dine elected officials after-hours, a process simplified by legislators’ schedules being freed from home and family responsibilities. Multiple Wisconsin lobbyists for Koch Industries, the American Bail Coalition, Competitive Wisconsin, State Farm, Pfizer, and Wal Mart were in New Orleans, as were lobbyists for Milwaukee Charter School Advocates, Alliant Energy, and Johnson & Johnson. Corporations also sponsor invite-only events like the Reynolds American tobacco company’s cigar reception, attended by several Wisconsin legislators including Health & Human Services chair Leah Vukmir.

Donna Smith: How Many Dead Children for Profit?

On the right is a photo of a dead child from Pakistan, Syed Wali Shah, 7, that Michael Moore’s site featured when showing the continued prospects of civilian deaths attributable to U.S. drone strikes.  Syed is one of 168 children killed in seven years of CIA drone strikes, said the report cited, and in response to the findings, Unicef, the United Nations children’s agency, said: “Even one child death from drone missiles or suicide bombings is one child death too many.”   The same report said a minimum of 385 civilians  (including the children) were killed over that seven-year period and that makes at least 52 civilians killed by these strikes each year or one each week.

It is a horrific reality that we (and many of our allies in the civilized and militarized world) participate in killing children.  It is right that we must look at their faces and hold our own souls and that of our elected officials and those who order the killings to account.

When I read about another child’s preventable death in Colorado and saw his face (also from a linked article on Michael Moore’s site), I waited a couple days to compose my thoughts rather than diminish either death or the numbers of deaths from decisions and actions by adults in power – whether those deaths are by acts of commission or omission or whether those deaths are in a distant foreign warzone or one in Denver or Dallas or Des Moines.

Punting the Pundits

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

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

Wednesday is Ladies’ Day

Naomi Klein: Daylight Robbery, Meet Nighttime Robbery

I keep hearing comparisons between the London riots and riots in other European cities-window smashing in Athens or car bonfires in Paris. And there are parallels, to be sure: a spark set by police violence, a generation that feels forgotten.

But those events were marked by mass destruction; the looting was minor. There have, however, been other mass lootings in recent years, and perhaps we should talk about them too. There was Baghdad in the aftermath of the US invasion-a frenzy of arson and looting that emptied libraries and museums. The factories got hit too. In 2004 I visited one that used to make refrigerators. Its workers had stripped it of everything valuable, then torched it so thoroughly that the warehouse was a sculpture of buckled sheet metal.

Back then the people on cable news thought looting was highly political. They said this is what happens when a regime has no legitimacy in the eyes of the people. After watching for so long as Saddam and his sons helped themselves to whatever and whomever they wanted, many regular Iraqis felt they had earned the right to take a few things for themselves. But London isn’t Baghdad, and British Prime Minister David Cameron is hardly Saddam, so surely there is nothing to learn there.

Katrina vander Heuvel: The real grand bargain Washington should seek

“Pressure’s on for the deficit panel,” read a headline in The Post. President Obama urges legislators to pit country over party. An establishment chorus calls for courage to take on Socuial Security and Medicare and to find more revenue. The downgrading of U.S. debt by Standard & Poor’s; the stock market’s spasms; polls showing growing disgust of Americans with politicians of all stripes – all are invoked to push the 12 legislators on the “supercommittee” to reach agreement on another $2.2 trillion in deficit reduction by Nov. 23, when they are due to report.

Amid the din, House Minority Leader Nancy Pelosi actually spoke some common sense in public, something that, if not quite extinct in today’s Washington, is certainly endangered. Naming her three picks to the committee last week, Pelosi urged the group to focus on “economic growth and job creation,” suggesting that its members should “make decisions regarding investments, cuts and revenues and their timing to stimulate growth, while reducing the deficit.”

Ruth Marcus: Rick Perry: Tax the Poor!

“We’re dismayed at the injustice that nearly half of all Americans don’t even pay any income tax.”

-Texas Gov. Rick Perry, presidential announcement speech, Aug. 13, 2011.

Washingotn – Really? Of all the ills in the world, of all the problems with the economy, all the difficulties with the tax code, this is the one that Perry chooses to lament?

Perry’s statement conjures visions of America as Slacker Nation, where the overburdened wagon-pullers drag an increasingly heavy burden of freeloaders. His number is correct but, like other conservatives who have seized on the statistic, Perry draws from it a dangerously misleading lesson.

The nonpartisan Tax Policy Center estimates that 46.4 percent of households will owe no federal income tax in 2011. This is, for the most part, not because people have chosen to loaf. It’s because they are working but simply don’t earn enough to owe income taxes, based on the progressive structure of the tax code and provisions designed to help the working poor and lower-income seniors.

Amy Goodman: San Francisco Bay Area’s BART Pulls a Mubarak

What does the police killing of a homeless man in San Francisco have to do with the Arab Spring uprisings from Tunisia to Syria? The attempt to suppress the protests that followed. In our digitally networked world, the ability to communicate is increasingly viewed as a basic right. Open communication fuels revolutions-it can take down dictators. When governments fear the power of their people, they repress, intimidate and try to silence them, whether in Tahrir Square or downtown San Francisco.

snip

Expect hacktivist groups to support revolutions abroad, but also to assist protest movements here at home. In retaliation for BART’s cellphone shutdown, a decentralized hacker collective called Anonymous shut down BART’s website. In a controversial move, Anonymous also released the information of more than 2,000 BART passengers, to expose the shoddy computer security standards maintained by BART.

The BART police say the FBI is investigating Anonymous’ attack. I interviewed an Anonymous member who calls himself “Commander X” on the “Democracy Now!” news hour. His voice disguised to protect his anonymity, he told me over the phone: “We’re filled with indignation, when a little organization like BART … kills innocent people, two or three of them in the last few years, and then has the nerve to also cut off the cellphone service and act exactly like a dictator in the Mideast. How dare they do this in the United States of America.”

Kristina Kallas and Akila Radhakrishnan: Why Is the U.S. Waging War on Women Raped in War?

Mandatory sonograms, forced lectures by doctors, humiliating permission slips from abusive husbands, paternalistic opinions from Supreme Court Justice Kennedy, uneducated and patently stupid soundbites from Tea Partiers. That’s not the worst. In this newest wave of the war on women, let’s not forget the U.S. government’s abortion policies toward women in war.

Rape is systematically being used as a weapon of war in conflicts worldwide. During the Rwandan genocide it is estimated that between 250,000 and 500,000 women were raped in 100 days and that approximately 20,000 children were born as a result of rape. Recent reports from Burma indicate that Burmese soldiers have orders to rape women. 387 civilians were raped in Walikale, North Kivu in the Democratic Republic of Congo (DRC) in a 4 day period last year. In 2008 alone, the U.N. Population Fund recorded 16,000 cases of rape in DRC, two-thirds of them adolescent girls and other children, in an area where rape is vastly underreported. Imagine what the real numbers are.

Mary Bottari: ALEC: Facilitating Corporate Influence Behind Closed Doors

Through the American Legislative Exchange Council (ALEC), corporations pay to bring state legislators to one place, sit them down for a sales pitch on policies that benefit the corporate bottom line, then push “model bills” for legislators to make law in their states. Corporations also vote behind closed doors alongside politicians on this wishlist legislation through ALEC task forces. Notably absent were the real people who would actually be affected by many of those bills and policies.

With legislators concentrated in one city, lobbyists descend on the conference to wine-and-dine elected officials after-hours, a process simplified by legislators’ schedules being freed from home and family responsibilities. Multiple Wisconsin lobbyists for Koch Industries, the American Bail Coalition, Competitive Wisconsin, State Farm, Pfizer, and Wal Mart were in New Orleans, as were lobbyists for Milwaukee Charter School Advocates, Alliant Energy, and Johnson & Johnson. Corporations also sponsor invite-only events like the Reynolds American tobacco company’s cigar reception, attended by several Wisconsin legislators including Health & Human Services chair Leah Vukmir.

Donna Smith: How Many Dead Children for Profit?

On the right is a photo of a dead child from Pakistan, Syed Wali Shah, 7, that Michael Moore’s site featured when showing the continued prospects of civilian deaths attributable to U.S. drone strikes.  Syed is one of 168 children killed in seven years of CIA drone strikes, said the report cited, and in response to the findings, Unicef, the United Nations children’s agency, said: “Even one child death from drone missiles or suicide bombings is one child death too many.”   The same report said a minimum of 385 civilians  (including the children) were killed over that seven-year period and that makes at least 52 civilians killed by these strikes each year or one each week.

It is a horrific reality that we (and many of our allies in the civilized and militarized world) participate in killing children.  It is right that we must look at their faces and hold our own souls and that of our elected officials and those who order the killings to account.

When I read about another child’s preventable death in Colorado and saw his face (also from a linked article on Michael Moore’s site), I waited a couple days to compose my thoughts rather than diminish either death or the numbers of deaths from decisions and actions by adults in power – whether those deaths are by acts of commission or omission or whether those deaths are in a distant foreign warzone or one in Denver or Dallas or Des Moines.

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: Downgrade of US Credit Rating Is Baseless – ­and Outrageous

Standard & Poor’s has gone ahead with the threatened downgrade of the United States’ credit rating. It’s a strange situation.

On one hand, there is a case to be made that the madness of the right has made America a fundamentally unsound nation. And yes, it is the madness of the right: If not for the extremism of anti-tax Republicans, we would have no trouble reaching an agreement that would ensure long-run solvency.

On the other hand, it’s hard to think of anyone less qualified to pass judgment on America than the rating agencies.

The people who rated subprime-backed securities are now declaring that they are the judges of fiscal policy? Really?

Dean Baker: President Obama Joins the Cult of Economics Deniers

President Obama has abandoned evidence-based economics to return the US to growth in favor of the politics of deficit-cutting

A front page story in Sunday’s New York Times gave the country the bad news. President Obama is no longer paying attention to economists and economics in designing economic policy. Instead, he will do what his campaign people tell him will get him re-elected, presumably by getting lots of money from Wall Street.

The article said that President Obama intends to focus on reducing government spending and cutting programs like social security and Medicare. This is in spite of the fact that: “A wide range of economists say the administration should call for a new round of stimulus spending, as prescribed by mainstream economic theory, to create jobs and promote growth.”

In other words, President Obama intends to ignore the path for getting the economy back to full employment that most economists advocate. Instead, he is going to cut government spending – because his chief of staff and former JP Morgan vice president Bill Daley and his top campaign adviser David Plouffe both say this is a good idea.

New York Times Editorial:  The Clear Case for the Gas Tax

Unless Congress extends it, the 18.4 cents-a-gallon federal gas tax will expire on Sept. 30. Allowing that to happen would be tremendously destructive. It would bankrupt the already stressed Highway Trust Fund, with devastating effects on the country’s highways, bridges, mass transit systems and the economy as a whole.

Reports suggest that some House Republicans may push to let the tax lapse or use the threat of expiration as leverage in the budget wars. This is a dangerous idea. If anything, the tax should rise to maintain a system that constantly needs upkeep – the backlog of bridges needing repair is estimated at $72 billion – creates jobs and encourages drivers to buy more fuel-efficient cars.

Steven Rattner: Republican Extremism, Bad Economics

IN the middle of all the debt default drama and stock market turbulence, the leading Republican presidential candidates have begun to fill in the shadowy outlines of their positions on major economic issues.

And what a picture it is, a philosophy oriented around shrinking the role of the federal government in every imaginable way, by slashing spending, cutting taxes and halting or rescinding regulations. Their mantra is repeal and retrenchment, devoid of new initiatives or a positive agenda.

Some of these views are to the right even of the Tea Party; they amount to the most radically conservative positions of any set of candidates at least since Barry M. Goldwater in 1964.

John Nichols: FDR Went to Wisconsin to Battle ‘Economic Royalists,’ But Obama Avoids the State and the Fight http://www.thenation.com/blog/…

President Obama is interrupting his long vacation to bus across the battleground states of the Midwest this week, on an officially “non-political” journey that his aides obviously hope will renew a connection with the people who overwhelmingly elected him president in 2008. It is an essential endeavor, as Obama’s uncertain tenure has frustrated voters who once saw him as a transformational leader but now wonder whether there is a point to his presidency.  

The disconnect between Obama and his base has grown more profound this year, as he has focused on the compromises of Washington while working people in Wisconsin, Michigan, Ohio and other states have engaged in “Which side are you on?” fights against a Republican austerity agenda that threatens the very underpinnings of civil society and democratic experiment.

Eugene Robinson: Straw Poll Winner – Obama

Ames, Iowa – Strolling through the pageant of unhealthy food and unsound ideology that is the Iowa Straw Poll, amid the good-natured Republicans who swept Michele Bachmann to an impressive victory, I couldn’t help but reflect that this quadrennial exercise is one crazy way to pick a major-party candidate for president.

You’ll note that I used the words “Michele Bachmann” and “president” in the same sentence. That someone with views as extreme as Bachmann’s could win — and that Ron Paul, who seems to inhabit his own little reality, could finish second — would seem to rob the straw poll of all but comic value, making it analogous to the opening joke a dinner speaker might tell to warm up a stone-faced audience. But the ritual is serious business, as poor Tim Pawlenty found out. Less than 24 hours after he finished a distant third in the straw poll, “former candidate” became his new honorific.

Long before the results were tallied, it seemed clear that Pawlenty was in trouble. Like the other candidates who participated Saturday, he had a big tent on the grounds of the Iowa State University coliseum where voters could enjoy free food and entertainment. People were happy to line up for the Famous Dave’s barbecue that Pawlenty was serving, but they didn’t stay long — and when they walked away, they weren’t wearing the green Pawlenty T-shirts that signaled support. By mid-afternoon, volunteers were glum.

 

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”.

Warren Buffet: Stop Coddling the Super-Rich

OUR leaders have asked for “shared sacrifice.” But when they did the asking, they spared me. I checked with my mega-rich friends to learn what pain they were expecting. They, too, were left untouched.

While the poor and middle class fight for us in Afghanistan, and while most Americans struggle to make ends meet, we mega-rich continue to get our extraordinary tax breaks. Some of us are investment managers who earn billions from our daily labors but are allowed to classify our income as “carried interest,” thereby getting a bargain 15 percent tax rate. Others own stock index futures for 10 minutes and have 60 percent of their gain taxed at 15 percent, as if they’d been long-term investors.

New York Times Editorial: A Jobs Agenda, Anyone?

In what can only be described as a triumph of bad policy and craven politics, Congress and the Obama administration have spent the year focused on budget cuts, as the economy has faltered and unemployment has worsened. Official unemployment is 9.1 percent, but it would be 16.1 percent, or 25.1 million people, if it included those who can only find part-time jobs and those who have given up looking for work. For the past two and a half years, there have been more than four unemployed workers for every job opening, a record high, by far. In a healthy market, the ratio would be about one to one.

By a large margin, Americans have told pollsters that job creation is more important than budget cuts. Yet Republican leaders are wedded to austerity and appear to think that high unemployment will hurt President Obama politically more than it will hurt them, so they will likely resist efforts to create jobs, no matter how great the need.

Paul Krugman: The Texas Unmiracle

As expected, Rick Perry, the governor of Texas, has announced that he is running for president. And we already know what his campaign will be about: faith in miracles.

Some of these miracles will involve things that you’re liable to read in the Bible. But if he wins the Republican nomination, his campaign will probably center on a more secular theme: the alleged economic miracle in Texas, which, it’s often asserted, sailed through the Great Recession almost unscathed thanks to conservative economic policies. And Mr. Perry will claim that he can restore prosperity to America by applying the same policies at a national level.

So what you need to know is that the Texas miracle is a myth, and more broadly that Texan experience offers no useful lessons on how to restore national full employment.

Matt Miller: Why the center-left is fed up with Obama

Here’s the thing. I know Tea Party Republicans were behind the debt-ceiling standoff that wreaked needless damage on confidence in the United States. I wrote weeks ago of Standard & Poor’s outrageous nerve in threatening a downgrade when America’s ability to pay its debts can’t possibly be in doubt. In short, I know who the real villains are at this volatile moment.

So why am I so mad at Barack Obama?

I know I’m not alone. In conversations with folks across the center-left in recent days, everyone’s basically had it with the president. I’ve had policy frustrations before: Obama’s never aimed high enough on school reform and he’s failed miserably to advance a real jobs agenda, to name just two. I’ve said repeatedly that we need a third party to shake things up. But at the same time a part of me has always cut the president some slack – after all, look at the mess the man walked into! Yet somehow the debt-ceiling fiasco and the downgrade, punctuated by these horrific jobs numbers and stock market gyrations, has made something in me (and, I suspect, millions of others) snap.

Richard (RJ) Eskow: Shiny Happy Corporate People

Mitt Romney got a lot of press for telling a heckler at the Iowa State Fair that “corporations are people.” He did not go on to sing that Patti Smith song, People Have the Power.

But corporate “people” certainly do. Their power was on display this week, both in Washington and among the Republicans campaigning for the nomination.

John Nichols: Bernie Sanders Talks Up Primary Challenge to Obama as ‘a Good Idea for Our Democracy and for the Democratic Party’

Vermont Senator Bernie Sanders continues to argue that a Democratic primary challenge to President Obama would be “good for democracy and for the Democratic Party.”

Sanders will not be a candidate. The Vermont independent, who caucuses with Senate Democrats, is running for re-election in 2012.

But Sanders, who has been sharply critical of Obama’s compromises with the Republican right on economic and fiscal policy, continues to talk up the idea of a primary challenge as a vehicle to pressure the president from the left. He is not alone. Ralph Nader is actively encouraging a primary race. And one-third of Democrats and Democratic-leaning independents tell pollsters that they favor a primary challenge to the president, while just 59 percent oppose such a run.

Ben Adler: A Handful of Rural Right-Wing Extremists Chase Tim Pawlenty Out of the Race

A day after Saturday’s Iowa Straw Poll results came in-Michele Bachmann edged out Ron Paul, with Tim Pawlenty a distant third, just ahead of Rick Santorum and nobody Herman Cain-Pawlenty pulled the plug on his flagging presidential campaign. What does this tell us? That our system of nominating presidential candidates is badly broken, beholden to a small number of extremist party activists in a couple of arbitrarily chosen small, rural states and an unthinking media echo chamber.

The Iowa Straw Poll is not a nominating contest. No convention delegates are assigned there. It is a fundraiser for the Iowa state Republican Party. It is presumed to be significant because, according to campaign reporters like the New York Times’s Jeff Zeleny, it is “a test of organizing strength.” And organizing strength is considered an important capability in Iowa, where the anti-democratic caucus system depresses turnout relative to a normal primary. Since only hardcore activists will participate in the caucuses and they must be cajoled to the polls, the mind-numbing process of identifying and turning out every last supporter in Ottumwa County is a crucial component of campaigns to lead the free world. What this skill has to do with, say, balancing the federal budget is unclear. The mainstream media, meanwhile, reports on this ludicrous state of affairs as if it were an objective fact rather than a product of their own unhealthy obsession with Iowa. (After all, Iowa still only assigns a small number of delegates. If the media treated it like comparably sized Mississippi, the importance of who wins there would vanish.)

Robert Reich: Why the New Healthcare Law Should Have Been Based on Medicare (And What Democrats Should Have Learned By Now)

Remember the health-care debate? Congressional Republicans refused to consider a single-payer system that would automatically pool risks. They wouldn’t even consider giving people the option of buying into it.

The President and the Democrats caved, as they have on almost everything. They came up with a compromise that kept health care in the hands of private insurance companies. The only way to spread the risk in such a system was to require everyone to buy insurance.

Which is exactly what the two appellate judges in Atlanta objected to. The Constitution, in their view, doesn’t allow the federal government to compel citizens to buy something. “Congress may regulate commercial actors,” they wrote. “But what Congress cannot do under the Commerce Clause is mandate that individuals enter into contracts with private insurance companies for the purchase of an expensive product from the time they are born until the time they die.”

Most Americans seem to agree. According to polls, 60 percent of the public opposes the individual mandate. Many on the right believe it a threat to individual liberty. Many on the left object to being required to buy something from a private company.

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: Live from Ames, Iowa, Jake Tapper interviews the GOP presidential contenders, Rep. Michelle Bachmann and Former Minnesota Gov. Tim Pawlenty.

The round table will also be from Ames with ABC’s George Will and Matthew Dowd, ABC News Political Director Amy Walter, author and radio host Laura Ingraham, and Radio Iowa News Director Kay Henderson.

Face the Nation with Bob Schieffer: CBS News Chief White House Correspondent Norah O’Donnell sits in for Schieffer live form Ames, Iowa. Her guests will include GOP presidential candidate Michele Bachmann. Plus the Democratic response from DNC Chairwoman Rep. Debbie Wasserman Schultz (D-FL).

The Chris Matthews Show: This week’s guests are Nia-Malika Henderson, The Washington Post National Political Reporter, Howard Fineman, The Huffington Post Senior Political Editor, David Ignatius, The Washington Post Columnist and Jamie Tarabay, National Journal Managing Editor who will discuss Obama’s crisis of leadership and can Rick Perry beat Mitt Romney?

Meet the Press with David Gregory: Gregory will interview Rep. Michelle Bachmann. The round table with Iowa’s Governor Terry Branstad (R), GOP strategist Mike Murphy, the Washington Post’s Eugene Robinson, senior political reporter for Politico, Jonathan Martin, and NBC News Political Director, Chuck Todd, will mostly babble about Iowa, Perry & Obama.

State of the Union with Candy Crowley:

More Iowa, don’t bother.

Fareed Zakaris: GPS: No information available at the time this was published.

John Nichols: Can We Have Health Reform Without an Individual Mandate? Yes, It’s Called ‘Medicare for All’

The essential vote on the 11th Circuit Court of Appeals panel that ruled that the individual-coverage mandate in President Obama’s healthcare reform is unconstitutional did not come from a reactionary Republican appointed by Ronald Reagan or George W. Bush.

Rather, it came from respected jurist whose two appointments to the federal bench-first as a judge for the Northern District of Georgia in 1994 and then to the 11th Circuit in 1997-were made by then-President Bill Clinton. No, Judge Frank Mays Hull is not a raging lefty, but nor is she a right-wing judicial activist. A former law clerk for Judge Elbert Parr Tuttle, who as the chief justice of the US Court of Appeals for the Fifth Circuit from 1960 to 1967 led the court in issuing a series of epic decisions on behalf of civil rights, Judge Hull has a reputation as a moderate defender of the rule of law who has earned reasonable marks for her pragmatic and decidely mainstream interpretations of the Constitution.

Connie Schultz: Are You Angry Enough to End a War?

Keep cool, Daniel Webster once said. Anger is not an argument.

Wise advice, but it sets an impossible standard if we reflect on the loss of 30 Americans in a single incident in Afghanistan. Perhaps only prolonged and widespread anger will bring an end to this relentless loss of American lives.

Last Saturday, in the single deadliest loss for U.S. forces in Afghanistan, 30 American men were killed after a rocket-propelled grenade took down their Chinook helicopter. Twenty-two of the dead were Navy SEALs, many of them from SEAL Team Six, which carried out the raid that killed Osama bin Laden, although the Pentagon said none of the dead participated in that raid. Seven Afghan soldiers and an Afghan interpreter also were killed.

Sounding like John Wayne on a 1950s movie set, Marine Gen. James Mattis, commander of U.S. Central Command, offered his take on the tragedy:

“We grieve for our lost comrades and especially for their families, yet we also remember that the lads were doing what they wanted to be doing and they knew what they were about,” he told the Los Angeles Times. “This loss will only make the rest of us more determined — something that may be difficult for those who aren’t in the military to understand.”

And there it is, the timeworn admonition that only those who serve in the military understand the military mind, and the rest of us should just keep our opinions to ourselves.

Mark Engler: The Verizon Strike as the Next Wisconsin

The picket lines are up. This past weekend 45,000 Verizon workers on the East Coast, represented by the Communications Workers of America (CWA) and the International Brotherhood of Electrical Workers (IBEW), went on strike. The cause of the strike was the company’s attempts to win massive concessions from the unions. Verizon argued that the employees should give up gains they had won over many years of struggle and negotiation in previous contract fights.

As the Wall Street Journal put it, “Verizon Communications Inc. is seeking some of the biggest concessions in years from its unions.” Demands include the weakening of health-care benefits, cuts in pensions, reduced job security, and elimination of paid holidays such as Martin Luther King, Jr. Day. This despite the fact that the company reported billions in profit last year, and that, in the words of New York Times reporter Steven Greenhouse, “Verizon’s top five executives received a total of $258 million in compensation, including stock options, over the last four years.” The unions argue that Verizon has made some $20 billion in profit in the same time period, and Citizens for Tax Justice has pointed out that the company has done so while paying little to nothing in corporate income taxes.

Michelle Chen: Target Comes Under Fire Around the World

The retail giant Target is under fire from all sides, for union-busting at home and labor violations overseas. The reports that have come out in the past several weeks highlight a continuum of cruelty in the global supply chain.

Though WalMart has long served as labor’s arch nemesis, United Food and Commercial Workers (UFCW) has lately zeroed in on Target as a new battlefield-with its hundreds of thousands of employees and recent expansion into the supermarket sector. Although UFCW Local 1500 recently lost a vote to unionize a branch in Valley Stream, New York, their campaign deftly exposed Target’s arsenal of intimidation and smear tactics, which ranged from anti-union websites to leaflets warning that a yes vote might ruin the company and force the store to close.

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: United States vs. Europe: Who Is Worse Off?

In recent online commentary for The New York Times, Simon Johnson, the former chief economist for the International Monetary Fund, considered who is in worse shape – America or Europe?

“In the near term, the Europeans have the bigger problem – and this will only be compounded by slower growth in the United States (home to about one-quarter of the world economy),” Mr. Johnson wrote on July 28. “Over the longer haul, it remains to be seen when and how politicians in the United States will take up the real budget issues.”

Basically I agree with his assessment: Europe has more fundamental problems in sheer economic terms, because it adopted a single currency without the necessary institutions to make it workable. The United States has a long-run budget problem, but our current mess is entirely political. Unfortunately, that doesn’t make it any easier to solve.

New York Times Editorial: Magical Unrealism

There was nothing particularly surprising about the shrill skirmishing at the ideological edges of Thursday night’s Republican presidential debate in Iowa. What was shocking were the antics in the center.

In full public view, the party’s mainstream jumped the tracks of reality on issues of spending and taxes, brightly illustrating the ruinous magical thinking that has led to a downgrade of the nation’s credit and invited a double-dip recession. When asked if they would reject a deal to cut the deficit that had 10 times the amount of spending cuts as it had tax increases, the hands of all eight candidates went up. Even a tincture of new revenue, though mixed with huge cuts in government spending, would be too much for the modern Republican Party.

Jacqueline Marcus: Why Did Obama Choose Oil Money Over Struggling Polar Bears Facing Extinction?

At some point, there has to be a line drawn between corporate profits and the sanctity of life.  True, these are extremely hard times for the majority of jobless Americans, and the harder it gets for them financially speaking, the easier it becomes for the oil and coal executives to get their way, which doesn’t take much when they’ve successfully corrupted legislators to such a far-reaching extent that it’s easy to prove there is no distinction between the U.S. government and the oil and coal industries.  They put down the big piles of cash-and they get what they want.  

Operating in a corrupt political system explains why this president cares about one thing and one thing only: getting re-elected and making sure that he gets plenty of corporate money to compete against the Republican candidate who will also receive millions of dollars from the same industrial polluters.  As journalist Travis Smiley and Princeton University Professor Cornel West explained to Amy Goodman on Democracy Now! : “Obama is associated much more with the oligarchs than with poor people.”  If starving children in America don’t sway the heart, will dying polar bears?

This is a president who threw his own people under the bus in order to please the billionaire oligarchs.  For example, the Obama White House refused to be associated with Wisconsin’s union protesters as reported in the New York Times “when West Wing officials discovered that the Democratic National Committee had mobilized Mr. Obama’s national network to support the protests, they angrily reined in the staff at the party headquarters.”

Charles M. Blow: Genuflecting to the Tea Party

I must confess that every time Representative Michele Bachmann uttered the phrase “as president of the United States” during Thursday’s Republican presidential debate I blacked out a little bit, so I’m sure that I missed some things.

But one thing that I didn’t miss was the moment when all the candidates raised their hands, confirming that they felt so strongly about not raising taxes that they would all walk away from a hypothetical deficit-reduction deal that was as extreme as 10 parts spending cuts to one part tax increases.

That moment should tell every voter in America everything about this current crop of Know-Nothings – no person who would take such a stance is fit to be president of the United States or any developed country.

William Rivers Pitt: Next Stop: Train Wreck

And so here we are, at the next stage of this comic opera/disaster movie/smash-and-grab robbery known as the “debt-limit crisis.” Leadership in both the House and Senate have tapped the twelve members who will make up the so-called “Super-Committee,” which will be responsible for coming up with a plan to cobble together $1.2 trillion in spending cuts by Thanksgiving.

It is a motley crew, to be sure.

The Republican side of the equation is comprised of Senators Rob Portman (Ohio), John Kyl, (Arizona), and Patrick Toomey (Pennsylvania), along with Representatives Fred Upton (Michigan), Jeb Hensarling (Texas) and Dave Camp (Pennsylvania). To a man – and note well that Republican leadership selected a racially and sexually homogenized crew for this – they are hard-liners who will likely not budge when it comes to tax revenues. Kyl is a boon companion of GOP Senator Mitch McConnell, Toomey was once president of the far-right group Club for Growth, and Portman used to be budget director for none other than George W. Bush. Each and every one of these men has taken Grover Norquist’s anti-tax pledge, which bodes very ill for any revenue enhancements making it into the deal.

Joe Nocera: Boycott Campaign Donations!

Howard Schultz, the chairman and chief executive of Starbucks, has always been the kind of boss who wears his heart on his sleeve. So it came as no surprise to Starbucks employees when, on Monday, he sent out a long, passionate, companywide e-mail entitled “Leading Through Uncertain Times.”

In it, he wrote about his frustration over “the lack of cooperation and irresponsibility among elected officials as they have put partisan agendas before the people’s agenda” – creating an enormous crisis of confidence in the process. He said that Starbucks had a responsibility “to act in ways that can ease the collective anxiety inside and outside the company.” It needed to continue creating jobs. It had to maintain its generous package of employee benefits. And it was critical, Schultz wrote, for employees “to earn our customers’ trust by being respectful of their own life situations – whatever it may be.”

Mary Bottari: Recall Walker? It’s Up to Feingold

For the first time in the state’s history, Wisconsin recalled two sitting State Senators simultaneously. While it was a difficult and historic achievement in two districts that voted for Scott Walker in 2010, it fell short of the three seats needed to flip the Senate from Republican to Democratic control and put the brakes on Governor Scott Walker’s radical agenda.

While Walker’s collective bargaining bill sparked the recalls, voters were also worried about the state budgetary moves which cut almost a brillion from local schools, while giving out $200 million in tax breaks for big corporations. No jobs plan (other than tax breaks) has been proposed and, contrary to spin from the Governor, joblessness is growing in this state at twice the rate of the federal level.

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: The Hijacked Crisis  

Has market turmoil left you feeling afraid? Well, it should. Clearly, the economic crisis that began in 2008 is by no means over.

But there’s another emotion you should feel: anger. For what we’re seeing now is what happens when influential people exploit a crisis rather than try to solve it.

For more than a year and a half – ever since President Obama chose to make deficits, not jobs, the central focus of the 2010 State of the Union address – we’ve had a public conversation that has been dominated by budget concerns, while almost ignoring unemployment. The supposedly urgent need to reduce deficits has so dominated the discourse that on Monday, in the midst of a market panic, Mr. Obama devoted most of his remarks to the deficit rather than to the clear and present danger of renewed recession.

New York Times Editorial: A Scalpel, Not an Ax, for Medicaid

Many states are struggling to balance their budgets by curbing spending on Medicaid, a joint state-federal program that provides health insurance for the poor and disabled. They have little choice because Medicaid is one of their biggest, fastest-growing expenses. The risk is that injudicious cuts could harm their most vulnerable citizens.

A lawsuit, which the Supreme Court is scheduled to hear in the coming term, will determine whether there is any recourse for Medicaid beneficiaries who may have less access to health care because of such cuts. Beneficiaries need the right to sue – and to negotiate legal settlements – so that they can force states to consider whether reducing provider payments will limit access to care.

Joe Conason: Franken Calls for Oversight of Ratings Agencies

With world markets suddenly sagging under the weight of the Standard & Poor’s Aug. 5 downgrade of Treasury bonds, Sen. Al Franken, D-Minn., is disturbed by the monopolistic power of the ratings agencies-and still determined to curb their abuses, as he tried to do last year with an amendment to the Dodd-Frank banking reform bill.

In an exclusive Monday interview for The National Memo, the Minnesota Democrat said that the misconduct of the ratings agencies led directly to the economic catastrophe that S&P’s rating decision has made even worse. Franken wondered aloud why his proposed reforms of the ratings industry should still be subject to “study” rather than action by the Securities and Exchange Commission.

David Sirota: Collateral Damage in the War on Anonymity

From warrantless wiretapping to ever-present surveillance cameras, our world is right now in the midst of a long war on anonymity.

In the media and political arenas, we’ve seen paparazzi culture famously fetishize the outing of anonymous iconoclasts, from Watergate’s Deep Throat (Mark Felt) to a top CIA agent working on weapons of mass destruction (Valerie Plame). Likewise, in our communities, we now know that we are almost always being monitored in highly trafficked parks, malls, airports and stadiums-and as Slate recently reported, we may soon have apps on all of our smartphones that let us identify random faces in a crowd.

Eugene Robinson: Washington Deserves America’s Disapproval

It’s sobering that three-fourths of Americans, according to a new Washington Post poll, have little or no confidence in our elected leaders to solve the nation’s economic problems. At this point, though, it’s hardly surprising.

If anything, we should be shocked and alarmed that 26 percent of our fellow citizens apparently believe the president and Congress are going to make it all better. Are they not paying attention? Or are they delusional?

The manic-depressive swings we’ve seen in the stock market all week just serve to heighten the general anxiety, like the soundtrack of a horror film. Seesaw gains or losses of hundreds of points on the Dow tend to mask the overall trend, which is downward-and also distract attention from the fact that markets in Europe and Asia are heading in the same direction. The world is trillions of dollars poorer than it was just a couple of weeks ago.

Trillions, by the way, are the new billions.

Bill Boyarsky: America Is a Spark Away From Riots of Its Own

As President Barack Obama tried to calm a United States facing the threat of financial disaster, riots raged across the Atlantic in London and other British cities. Could it happen here, as our nation adopts British-style austerity and suffers through worsening unemployment? It certainly could, just as it has in the past.

As a reporter and then a columnist for the Los Angeles Times 20 years ago I covered the genesis, the explosion and the aftermath of the Los Angeles riot of 1992, described by author Lou Cannon as “the nation’s deadliest race riot since the Civil War.”

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: Why the President Doesn’t Present a Bold Plan to Create Jobs and Jumpstart the Economy

Americans are deeply confused about why the economy is so bad – and their President isn’t telling them. In fact, the White House apparently has decided to join with Republicans and blame it on the long-term budget deficit.

Before I turn to the President, though, let’s be clear: The lousy economy is due to insufficient demand. Consumers – who are 70 percent of the economy – can’t and won’t buy because they’re running out of cash. They can’t borrow against homes that are worth a third less than they were five years ago, and most consumers are bad credit risks anyway because they’re losing their jobs and their wages are dropping.  They also have to start saving for the kids’ college or for retirement, which will cut their spending even more.

Robert Sheer: Another Bailout Joins the Goofball Economy

The whole thing is nuts. The economy is a shambles, saved from a free fall only by the Federal Reserve’s unprecedented promise of free money for banks for at least two years. That’s how long a seven-member majority of the Fed’s Open Market Committee expects it to take for significant relief to take hold for the 25 million Americans who can’t find full-time employment.

The 10-member committee’s three dissenters in Tuesday’s decision, all unelected Fed regional board presidents, are free-market ideologues who don’t believe the government has a role to play in reversing the nation’s economic disaster. One is a former Wall Street investment banker and vice chairman of Henry Kissinger’s consulting firm. The other two are University of Chicago school of economics disciples long committed to free-market purism and blind faith in the mathematical models that had much to do with radical deregulation and the subsequent collapse of the financial markets.

Dr. Brian Moench: United Snakes of America: Obama, the Republicans and the Media

I’ve been angry with slimy politicians before – Ronald Reagan, Bill Clinton, George W. Bush – for many different reasons, but with the common denominator of sacrificing the public interest for private interests. So, I was thrilled to vote for Obama. My wife and I donated more money to his campaign than we have given to any candidate running for any office. I believed he was more than just pocket “change we could believe in.” I still have an Obama bumper sticker on my car. This weekend, with gusto, I’m tearing it off.

Obama has fulfilled more of the Tea Party’s dreams than Sarah Palin, Grover Norquist or Rush Limbaugh could ever have done as president. He has done more damage to the Democratic Party than Karl Rove in his wettest of dreams. There are two possible explanations for Obama’s behavior, both are equally disturbing.

Thom Hartmann: Democracy Died First in Wisconsin – Long Live the Oligarchs

The Wisconsin recall election was the first major test of the new era in American politics

That new era began in January of 2010 when the US Supreme Court ruled in Citizens United v. FEC that the political voice of We The People was no longer as important as the voices of billionaires and transnational corporations.

Now we know the result, and it bodes ill for both 2012 and for the tattered future of small-d democracy in our republic.

A few of America’s most notorious oligarchs – including the Koch and the DeVos (Amway fortune) billionaires – as well as untraceable millions from donors who could as easily be Chinese government-run corporations as giant “American” companies who do most of their business and keep most of their profits outside the US – apparently played big in this election.

Robert Greenwald: WI: The Kochs, Colbert and $ in Politics

Much of the nation watched last night with breath held, waiting to see the recall results in Wisconsin. In the end, two WI Senate Republicans were replaced with Democrats, falling short of the three needed to take control of the Senate.

While this wasn’t the outcome many hoped for, it was still a bit of a victory. No longer are politics played on an even field, and the situation in Wisconsin makes this clearer than any other state. But despite the slanted scale, working people in Wisconsin were still able to change two seats out of six. It is movement in the right direction.

What I mean about there no longer being an even playing field in politics is the vast amount of control and power money now has in our democratic system. While Scott Walker has pushed so extremely to rob working people of their basic rights and protections, he’s been cushioned in support of endlessly flowing money backing his efforts.

Jim Hightower: The Downgrading of America

As Lily Tomlin noted, “No matter how cynical you get, it’s almost impossible to keep up.”

Many of us view the deficit ceiling brouhaha between the Obama White House and the laissez-fairy extremists in the Republican House as some combination of farce and fiasco. So much political playacting around a made-up deficit “crisis” in order to avoid dealing with the real deficit that’s crushing America’s middle class and draining the lifeblood from our economy: the jobs deficit.

But wait — before I could work out my anger over that fiasco, here came an even more incredible farce. Last Friday, a Wall Street credit rating firm, Standard & Poor’s, thrust itself onto the national stage by arrogantly, recklessly and wrongly downgrading the sovereign credit status of the United States of America from AAA to AA+.

Punting the Pundits

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

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

Wednesday is Ladies’ Day.

Katrina vanden Heuval: We need a jobs bill, Mr. President

The White House, once again, is pivoting to jobs. And once again, it is doing so in a way that’s unlikely to create any. Several weeks ago President Obama embarked on a manufacturing tour, highlighting its role in job creation. Few paid attention. Nothing changed.

Next week, the president will try again. In the wake of a debt-ceiling deal that is certain to harm an already fragile economy, the president is embarking on a bus tour through the Midwest to talk about jobs. It’s not clear what the administration expects will come from such a tour, save for a few local news stories in a few midsized media markets. For an economy desperate for bold action, for a people desperate for some genuine relief, this surely won’t cut it.

Obama used to say on the campaign trail that we can’t keep doing the same thing over and over again and expect a different outcome. He was right. Isn’t it high time he take his own words to heart?

Barbara Ehrenreich: Nickel and Dimed (2011 Version): On Turning Poverty into an American Crime

When you read about the hardships I found people enduring while I was researching my book — the skipped meals, the lack of medical care, the occasional need to sleep in cars or vans — you should bear in mind that those occurred in the best of times. The economy was growing, and jobs, if poorly paid, were at least plentiful.

In 2000, I had been able to walk into a number of jobs pretty much off the street. Less than a decade later, many of these jobs had disappeared and there was stiff competition for those that remained. It would have been impossible to repeat my Nickel and Dimed “experiment,” had I had been so inclined, because I would probably never have found a job.

For the last couple of years, I have attempted to find out what was happening to the working poor in a declining economy — this time using conventional reporting techniques like interviewing. I started with my own extended family, which includes plenty of people without jobs or health insurance, and moved on to trying to track down a couple of the people I had met while working on Nickel and Dimed.

Maureen Dowd: Withholder in Chief

Even the Butter Cow at the Iowa State Fair is not enough to sweeten the mood.

Three years ago, Barack Obama’s unlikely presidential dream was given wings by rapturous Iowans – young, old and in-between – who saw in the fresh-faced, silky-voiced black senator a chance to leap past the bellicose, rancorous Bush years into a modern, competitive future where we once more had luster in the world.

“We are choosing hope over fear,” Senator Obama told a delirious crowd of 3,000 here the night he won the Iowa caucuses.

But fear has garroted hope, as America reels from the latest humiliating blows on the economy and in Afghanistan. The politician who came across as a redeemer in 2008 is now in need of redemption himself.

Amy Goodman: From Kilotons to Millisieverts: Japan’s Nuclear Legacy

In recent weeks, radiation levels have spiked at the Fukushima nuclear power reactors in Japan, with recorded levels of 10,000 millisieverts per hour (mSv/hr) at one spot. This is the number reported by the reactor’s discredited owner, Tokyo Electric Power Co., although that number is simply as high as the Geiger counters go. In other words, the radiation levels are literally off the charts. Exposure to 10,000 millisieverts for even a brief time would be fatal, with death occurring within weeks. (For comparison, the total radiation from a dental X-ray is 0.005 mSv, and from a brain CT scan is less than 5 mSv.) The New York Times has reported that government officials in Japan suppressed official projections of where the nuclear fallout would most likely move with wind and weather after the disaster in order to avoid costly relocation of potentially hundreds of thousands of residents.

Marie Magaronis: Anarchy in the UK

Perhaps the whole point of a riot is to defy explanation: it’s an eruption of the irrational, a shattering of glass and boundaries, a testosterone-fueled roar that briefly flips anger and emptiness into something like ecstasy. What’s in the minds of the young men (and women, too) in London, Birmingham, Bristol and Liverpool who’ve sent great sheets of flame rising into the August night, devouring local businesses that it took years to build; who’ve turned plate glass to spiderwebs with one crack of a brick; who’ve gone home with their backpacks stuffed with cell phones, Nike trainers, X-boxes and Wiis? Well, wouldn’t we like to know, we middle-class types with access to a blog and an analysis, a “network” and a future?

Shayda Naficy: Watching Out for Our Water

Water is at risk in the United States and around the world. Its quality and availability is in peril. Today, nearly one in eight people lack access to adequate supplies of safe drinking water. Globally, water-borne diseases kill more people than tuberculosis or malaria, and five times as many children die of diarrhea than of HIV/AIDS.

The causes are varied. Industrial pollution. Agricultural run-off. Climate change. Land overuse. Many well known corporations are contributing to these problems, including Coca-Cola, Dow Chemical, Nestlé and Shell Oil. Unilever and Veolia, companies better known abroad, are responsible too.

Fatima Al-zeheri: The Ongoing Costs of the Iraq War

When you destroy someone’s property, you usually have to pay compensation. The United States is responsible for much of the destruction that has taken place in Iraq since the 2003 invasion. But instead of offering compensation to the Iraqis, Congressman Dana Rohrabacher (R-CA) has demanded that the Iraqi government pay the United States compensation in dollars for the cost of U.S.-led war. The Iraqi response was to kick Rohrabacher out of Baghdad.

While the United States focuses on its budget problems and the costs of the war, it is important to remember the price that Iraq and Iraqis have paid. It’s not just the hundreds of thousands who have died during and after the war. There are millions of refugees. The country’s infrastructure has been ruined. Corruption is flourishing.

And for all this destruction, Iraqis have received very little in the way of compensation.

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