Tag: Open Thread

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

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

Follow us on Twitter @StarsHollowGzt

Katrina vanden Heuvel: Want a Feisty Way to Fight Foreclosures?

The difference between a sweet victory and a dubious one is often a matter of perspective. Take the housing market which, we’re told, is recovering, albeit slowly and in fits and starts. This represents a trend, an upward-heading line on a chart, and a victory of sorts for the economy. But is it really a victory for the people?

The “housing market” that’s represented by that upward-heading line still comprises millions of underwater mortgage-holders (between 6 and 16 million, depending on who you ask), many of whom are now locked into a David-versus-Goliath battle against creditors that are trying to foreclose and evict them. On this level-where “housing” becomes “houses,” where rates of foreclosure become, for victimized families, “foreclosures”-an overall victory for the market doesn’t mean a whole lot. A trend, that is, has trouble enumerating the individual data points and stories that make it up. To make this dubious victory for the housing market a sweet victory for homeowners, the Home Defenders League, using an innovative concept called Local Principal Reduction, is fighting to write happy endings to some of those stories.

Zoë Carpenter: Obama Administration Takes a Step Toward Drilling in the Atlantic

The Obama administration recommended on Thursday that private companies begin searching for oil and gas reserves off the Atlantic Coast, an area that has been closed to drilling for decades. More than 3 billion barrels of recoverable oil and 312 trillion cubic feet of natural gas may lie in the area, which extends from Delaware to Cape Canaveral, Florida. [..]

The prospect of new activity in the Atlantic, even if years or decades away, raises a question that environmentalists have found themselves asking often lately: How does the administration reconcile its commitment to fighting climate change with its long standing support for expanded oil production? Obama’s approach to climate is largely focused on reducing demand for fossil fuels, by promoting investment in renewables and tightening emissions standards for power plants and motor vehicles. (If Congress could ever put a price on carbon, that also would affect demand.) The implicit assumption of Obama’s “all of the above” energy strategy is that policies intended to discourage consumption will be effective even if fossil fuels become more readily available.

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

March 5 is the 64th day of the year (65th in leap years) in the Gregorian calendar. There are 301 days remaining until the end of the year.

On this day in 1770, a mob of angry colonists gathers at the Customs House in Boston and begins tossing snowballs and rocks at the lone British soldier guarding the building. The protesters opposed the occupation of their city by British troops, who were sent to Boston in 1768 to enforce unpopular taxation measures passed by a British parliament without direct American representation.

The Incident

The event began on King Street, today known as State Street, in the early evening of March 5, in front of Private Hugh White, a British sentry, as he stood duty outside the Custom house. A young wigmaker’s apprentice named Edward Gerrish called out to a British officer, Captain Lieutenant John Goldfinch, that Goldfinch had not paid the bill of Gerrish’s master. Goldfinch had in fact settled his account and ignored the insult. Gerrish departed, but returned a couple of hours later with companions. He continued his complaints, and the civilians began throwing rocks at Goldfinch. Gerrish exchanged insults with Private White, who left his post, challenged the boy, and struck him on the side of the head with a musket. As Gerrish cried in pain, one of his companions, Bartholomew Broaders, began to argue with White. This attracted a larger crowd.

As the evening progressed, the crowd grew larger and more boisterous. The mob grew in size and continued harassing Private White. As bells, which usually signified a fire, rang out from the surrounding steeples, the crowd of Bostonians grew larger and more threatening. Over fifty of the Bostonian townsmen gathered and provoked White and Goldfinch into fight. As the crowd began to get larger, the British soldiers realized that the situation was about to explode. Private White left his sentry box and retreated to the Custom House stairs with his back to a locked door. Nearby, from the Main Guard, the Officer of the Day, Captain Thomas Preston, watched this situation escalate and, according to his account, dispatched a non-commissioned officer and seven or eight soldiers of the 29th Regiment of Foot, with fixed bayonets, to relieve White. He and his subordinate, James Basset, followed soon afterward. Among these soldiers were Corporal William Wemms (apparently the non-commissioned officer mentioned in Preston’s report), Hugh Montgomery, John Carroll, James Hartigan, William McCauley, William Warren and Matthew Kilroy. As this relief column moved forward to the now empty sentry box, the crowd pressed around them. When they reached this point they loaded their muskets and joined with Private White at the custom house stairs. As the crowd, estimated at 300 to 400, pressed about them, they formed a semicircular perimeter.

The crowd continued to harass the soldiers and began to throw snow balls and other small objects at the soldiers. Private Hugh Montgomery was struck down onto the ground by a club wielded by Richard Holmes, a local tavernkeeper. When he recovered to his feet, he fired his musket, later admitting to one of his defense attorneys that he had yelled “Damn you, fire!” It is presumed that Captain Preston would not have told the soldiers to fire, as he was standing in front of the guns, between his men and the crowd of protesters. However, the protesters in the crowd were taunting the soldiers by yelling “Fire”. There was a pause of indefinite length; the soldiers then fired into the crowd. Their uneven bursts hit eleven men. Three Americans – ropemaker Samuel Gray, mariner James Caldwell, and a mixed race sailor named Crispus Attucks – died instantly. Seventeen-year-old Samuel Maverick, struck by a ricocheting musket ball at the back of the crowd, died a few hours later, in the early morning of the next day. Thirty-year-old Irish immigrant Patrick Carr died two weeks later. To keep the peace, the next day royal authorities agreed to remove all troops from the centre of town to a fort on Castle Island in Boston Harbor. On March 27 the soldiers, Captain Preston and four men who were in the Customs House and alleged to have fired shots, were indicted for murder.

The Trial of the Soldiers

At the request of Captain Preston and in the interest that the trial be fair, John Adams, a leading Boston Patriot and future President, took the case defending the British soldiers.

In the trial of the soldiers, which opened November 27, 1770, Adams argued that if the soldiers were endangered by the mob, which he called “a motley rabble of saucy boys, negroes, and molattoes, Irish teagues and outlandish jack tarrs,” they had the legal right to fight back, and so were innocent. If they were provoked but not endangered, he argued, they were at most guilty of manslaughter. The jury agreed with Adams and acquitted six of the soldiers. Two of the soldiers were found guilty of manslaughter because there was overwhelming evidence that they fired directly into the crowd, however Adams invoked Benefit of clergy in their favor: by proving to the judge that they could read by having them read aloud from the Bible, he had their punishment, which would have been a death sentence, reduced to branding of the thumb in open court. The jury’s decisions suggest that they believed the soldiers had felt threatened by the crowd. Patrick Carr, the fifth victim, corroborated this with a deathbed testimony delivered to his doctor.

Three years later in 1773, on the third anniversary of the incident, John Adams made this entry in his diary:

The Part I took in Defence of Cptn. Preston and the Soldiers, procured me Anxiety, and Obloquy enough. It was, however, one of the most gallant, generous, manly and disinterested Actions of my whole Life, and one of the best Pieces of Service I ever rendered my Country. Judgment of Death against those Soldiers would have been as foul a Stain upon this Country as the Executions of the Quakers or Witches, anciently. As the Evidence was, the Verdict of the Jury was exactly right.

“This however is no Reason why the Town should not call the Action of that Night a Massacre, nor is it any Argument in favour of the Governor or Minister, who caused them to be sent here. But it is the strongest Proofs of the Danger of Standing Armies.

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

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

Follow us on Twitter @StarsHollowGzt

Ian Welsh: “Consequences” for Russia over the Ukraine

Obama and Kerry have both told Russia there will be consequences for their actions in the Ukraine.

The question is “what consequences?”  The only thing the West can do which would really hurt Russia and Putin is strong financial sanctions: freeze Russian accounts, institute a trade embargo, etc-the full Iran treatment.

The problem is that Europe needs Russia’s natural gas and oil and Britain, aka. London, aka. The City, needs Russian money.  London is awash in Russian cash, and the London Real Estate market would most likely crash if real financial sanctions were put on Russia.  Since real-estate and financial games are the only thing keeping Britain afloat, this is a total no-go: completely unacceptable to Britain.

Germany, meanwhile, will find any sanctions on energy completely unacceptable.  They can’t replace all that natural gas before next winter, even if the US agrees to sell American natural gas to Europe.

The Russians, to put it crassly, have paid their bribes.  They have made the right people in England, and Europe, rich.  On top of that they supply something Europe absolutely must have: hydrocarbons.

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

March 4 is the 63rd day of the year (64th in leap years) in the Gregorian calendar. There are 302 days remaining until the end of the year.

In this day in 1933, at the height of the Great Depression, Franklin Delano Roosevelt is inaugurated as the 32nd president of the United States. In his famous inaugural address, delivered outside the east wing of the U.S. Capitol, Roosevelt outlined his “New Deal”–an expansion of the federal government as an instrument of employment opportunity and welfare–and told Americans that “the only thing we have to fear is fear itself.” Although it was a rainy day in Washington, and gusts of rain blew over Roosevelt as he spoke, he delivered a speech that radiated optimism and competence, and a broad majority of Americans united behind their new president and his radical economic proposals to lead the nation out of the Great Depression.

The only American president elected to more than two terms, he forged a durable coalition that realigned American politics for decades. FDR defeated incumbent Republican Herbert Hoover in November 1932, at the depths of the Great Depression. FDR’s combination of optimism and activism contributed to reviving the national spirit. Working closely with Winston Churchill and Joseph Stalin in leading the Allies against Germany and Japan in World War II, he died just as victory was in sight.

Starting in his “first hundred days” in office, which began March 4, 1933, Roosevelt launched major legislation and a profusion of executive orders that gave form to the New Deal, a complex, interlocking set of programs designed to produce relief (especially government jobs for the unemployed), recovery (of the economy), and reform (through regulation of Wall Street, banks and transportation). The economy improved rapidly from 1933 to 1937, but then went into a deep recession. The bipartisan Conservative Coalition that formed in 1937 prevented his packing the Supreme Court or passing much new legislation; it abolished many of the relief programs when unemployment practically ended during World War II. Most of the regulations on business were ended about 1975-85, except for the regulation of Wall Street by the Securities and Exchange Commission, which still exists. Along with several smaller programs, major surviving programs include the Federal Deposit Insurance Corporation, which was created in 1933, and Social Security, which Congress passed in 1935.

As World War II loomed after 1938, with the Japanese invasion of China and the aggressions of Nazi Germany, FDR gave strong diplomatic and financial support to China and Britain, while remaining officially neutral. His goal was to make America the “Arsenal of Democracy” which would supply munitions to the Allies. In March 1941, Roosevelt, with Congressional approval, provided Lend-Lease aid to the countries fighting against Nazi Germany with Great Britain. He secured a near-unanimous declaration of war against Japan after the Japanese attack on Pearl Harbor on December 7, 1941, calling it a “date which will live in infamy“. He supervised the mobilization of the US economy to support the Allied war effort. Unemployment dropped to 2%, relief programs largely ended, and the industrial economy grew rapidly to new heights as millions of people moved to new jobs in war centers, and 16 million men (and 300,000 women) were drafted or volunteered for military service.

Roosevelt dominated the American political scene, not only during the twelve years of his presidency, but for decades afterward. He orchestrated the realignment of voters that created the Fifth Party System. FDR’s New Deal Coalition united labor unions, big city machines, white ethnics, African Americans and rural white Southerners. Roosevelt’s diplomatic impact also resonated on the world stage long after his death, with the United Nations and Bretton Woods as examples of his administration’s wide-ranging impact. Roosevelt is consistently rated by scholars as one of the greatest U.S. Presidents.

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

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

Follow us on Twitter @StarsHollowGzt

Paul Krugman: The Inflation Obsession

Recently the Federal Reserve released transcripts of its monetary policy meetings during the fateful year of 2008. And, boy, are they discouraging reading.

Partly that’s because Fed officials come across as essentially clueless about the gathering economic storm. But we knew that already. What’s really striking is the extent to which they were obsessed with the wrong thing. The economy was plunging, yet all many people at the Fed wanted to talk about was inflation. [..]

Historians of the Great Depression have long marveled at the folly of policy discussion at the time. For example, the Bank of England, faced with a devastating deflationary spiral, kept obsessing over the imagined threat of inflation. As the economist Ralph Hawtrey famously observed, “That was to cry ‘Fire, fire!’ in Noah’s flood.” But it turns out that modern monetary officials facing financial crisis were just as obsessed with the wrong thing as their predecessors three generations before.

Robert Kuttner: Wall Street’s Tea Party

Governor Jan Brewer’s veto of a bill that would have allowed discrimination against gays on religious grounds is only the latest example of the tension between the corporate and fundamentalist right. She acted because business elites feared that the measure would be bad for the state’s economy.

The alliance between the fundamentalist far right and the business elite was always a bizarre marriage of convenience. The Wall Street gang tends to be relatively liberal on social and lifestyle issues, the very issues where the conservative base detests godless liberals. Many Tea Party Republicans, meanwhile, embody a kind of rightwing economic populism that doesn’t have much use for investment bankers.

Until now, the likes of Karl Rove and the Koch Brothers have held this bastard alliance together. But despite the wishes of Wall Street to defend business-friendly GOP incumbents, the Tea Party faction is mounting credible primary challenges against at least five entrenched Republican senators, most notably Minority Leader Mitch McConnell of Kentucky, Lindsey Graham of South Carolina and Thad Cochran of Mississippi.

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

March 3 is the 62nd day of the year (63rd in leap years) in the Gregorian calendar. There are 303 days remaining until the end of the year.

On this day in 1887, Anne Sullivan begins teaching six-year-old Helen Keller, who lost her sight and hearing after a severe illness at the age of 19 months. Under Sullivan’s tutelage, including her pioneering “touch teaching” techniques, the previously uncontrollable Keller flourished, eventually graduating from college and becoming an international lecturer and activist. Sullivan, later dubbed “the miracle worker,” remained Keller’s interpreter and constant companion until the older woman’s death in 1936.

Sullivan, age 20, arrived at Ivy Green, the Keller family estate, in 1887 and began working to socialize her wild, stubborn student and teach her by spelling out words in Keller’s hand. Initially, the finger spelling meant nothing to Keller. However, a breakthrough occurred one day when Sullivan held one of Keller’s hands under water from a pump and spelled out “w-a-t-e-r” in Keller’s palm. Keller went on to learn how to read, write and speak. With Sullivan’s assistance, Keller attended Radcliffe College and graduated with honors in 1904.

Helen Keller became a public speaker and author; her first book, “The Story of My Life” was published in 1902. She was also a fundraiser for the American Foundation for the Blind and an advocate for racial and sexual equality, as well as socialism. From 1920 to 1924, Sullivan and Keller even formed a vaudeville act to educate the public and earn money. Helen Keller died on June 1, 1968, at her home in Westport, Connecticut, at age 87, leaving her mark on the world by helping to alter perceptions about the disabled.

And finally, New Rule: Someone must tell me what is with this new trend of people who have all the power acting like they’re the oppressed ones? Heterosexual Christians under siege from gays. White people complaining that reverse racists are trying to strip them of their right to shoot unarmed black men. And most bizarre, the recent wave of billionaires sobbing that they’re being demonized and under attack. And the thing is, it’s not just having all the money in the world that’s getting them down, it’s that the rest of us don’t often enough look at them and say, “You are the most brilliant industrious person on Earth. Can you teach us how to be more like you while we buff your cock with this fine Sham-Wow?”

You know, I used to think Hollywood egos were the neediest, but these Masters of the Universe? More like babies on a plane. Stock trader Steve Schwarzman – net worth $8 billion – once said that Obama raising his taxes 3% felt like when Hitler invaded Poland. Sounds like something Sarah Palin would tweet after huffing paint thinner. (audience laughter) But with the super-rich it’s becoming a meme. Now we have Tom Perkins – net worth $8 billion – saying the richest 1% are so persecuted in America, they feel like Jews in Nazi Germany. Which is why just to be safe, last week Tom built a panic room inside his mansion that’s a full-size replica of Anne Frank’s house.

h/t to Bruin Kid at Daily Kos for the transcript

This is your morning Open Thread. Pour your favorite beverage and review the past and comment on the future.

Find the past “On This Day in History” here.

March 2 is the 61st day of the year (62nd in leap years) in the Gregorian calendar. There are 304 days remaining until the end of the year.

On this day in 1836, the Republic of Texas declares its independence as in a nation from Mexico.

Formed as a break-away republic from Mexico by the Texas Revolution, the state claimed borders that encompassed an area that included all of the present U.S. state of Texas, as well as parts of present-day New Mexico, Oklahoma, Kansas, Colorado, and Wyoming based upon the Treaties of Velasco between the newly created Texas Republic and Mexico. The eastern boundary with the United States was defined by the Adams-Onís Treaty between the United States and Spain, in 1819. Its southern and western-most boundary with Mexico was under dispute throughout the existence of the Republic, with Texas claiming that the boundary was the Rio Grande, and Mexico claiming the Nueces River as the boundary. This dispute would later become a trigger for the Mexican-American War, after the annexation of Texas by the United States.

Establishment

The Republic of Texas was created from part of the Mexican state Coahuila y Tejas. Mexico was in turmoil as leaders attempted to determine an optimal form of government. In 1835, when President Antonio Lopez de Santa Anna abolished the Constitution of 1824, granting himself enormous powers over the government, wary colonists in Texas began forming Committees of Correspondence and Safety. A central committee in San Felipe de Austin coordinated their activities. In the Mexican interior, several states revolted against the new centralist policies. The Texas Revolution officially began on October 2, 1835, in the Battle of Gonzales. Although the Texians originally fought for the reinstatement of the Constitution of 1824, by 1836 the aim of the war had changed. The Convention of 1836 declared independence on March 2, 1836, and officially formed the Republic of Texas.

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

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

Follow us on Twitter @StarsHollowGzt

The Sunday Talking Heads:

This Week with George Stephanopolis: Guests on “This Week” are: Secretary of State John Kerry; actor Ben Affleck and former senator and U.S. Special Envoy Russ Feingold; and FiveThirtyEight.com editor-in-chief and ABC News special contributor Nate Silver.

At the roundtable: Rep. Adam Kinzinger, R-Ill., CNN “Crossfire” co-host Van Jones, National Review editor Rich Lowry, and ABC News’ Cokie Roberts.

Face the Nation with Bob Schieffer: Mr. Schieffer’s guests are: Secretary of Defense Chuck Hagel; Secretary of State John Kerry; and Sen. Kirsten Gillibrand (D-NY).

His panel guests are Michael O’Hanlon of the Brookings Institute; Danielle Pletka of AIE; David Ignatius of the Washington Post; and CBS News National Security Correspondent David Martin.

Meet the Press with David Gregory: This Sunday’s guests on MTP are: Secretary of State John Kerry; Sen. Marco Rubio (R-FL); and California Governor Jerry Brown (D).

At the roundtable are: Baltimore Mayor Stephanie Rawlings-Blake; Washington Post columnist Kathleen Parker; NBC News Political Director Chuck Todd; Founder of Women in the World Tina Brown; and Bloomberg View columnist Jeffrey Goldberg.

State of the Union with Candy Crowley: Ms. Crowley’s guests are Ukraine’s ambassador to the United Nations Yuriy Sergeyev; Illinois Democrat Dick Durbin and South Carolina Republican Lindsey Graham; and the former U.S. Ambassador to Russia John Beyrle.

Her panel guests are: former Obama insider Bill Burton, New York Times columnist Ross Douthat and Amy Walter of the Cook Political Report.

Welcome to the Health and Fitness NewsWelcome to the Stars Hollow Health and Fitness News weekly diary. It will publish on Saturday afternoon and be open for discussion about health related issues including diet, exercise, health and health care issues, as well as, tips on what you can do when there is a medical emergency. Also an opportunity to share and exchange your favorite healthy recipes.

Questions are encouraged and I will answer to the best of my ability. If I can’t, I will try to steer you in the right direction. Naturally, I cannot give individual medical advice for personal health issues. I can give you information about medical conditions and the current treatments available.

You can now find past Health and Fitness News diaries here and on the right hand side of the Front Page.

Follow us on Twitter @StarsHollowGzt