Tag: Open Thread

Aug 17 2012

On This Day In History August 17

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.

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

August 17 is the 229th day of the year (230th in leap years) in the Gregorian calendar. There are 136 days remaining until the end of the year.

The Dakota War of 1862 (also known as the Sioux Uprising, Sioux Outbreak of 1862, the Dakota Conflict, the U.S.-Dakota War of 1862 or Little Crow’s War) was an armed conflict between the United States and several bands of the eastern Sioux or Dakota which began on August 17, 1862, along the Minnesota River in southwest Minnesota. It ended with a mass execution of 38 Dakota men on December 26, 1862, in Mankato, Minnesota.

Throughout the late 1850s, treaty violations by the United States and late or unfair annuity payments by Indian agents caused increasing hunger and hardship among the Dakota. Traders with the Dakota previously had demanded that the government give the annuity payments directly to them (introducing the possibility of unfair dealing between the agents and the traders to the exclusion of the Dakota). In mid-1862 the Dakota demanded the annuities directly from their agent, Thomas J. Galbraith. The traders refused to provide any more supplies on credit under those conditions, and negotiations reached an impasse.

On August 17, 1862, four Dakota killed five American settlers while on a hunting expedition. That night a council of Dakota decided to attack settlements throughout the Minnesota River valley to try to drive whites out of the area. There has never been an official report on the number of settlers killed, but estimates range from 400 to 800. It is said that until the terrorist attacks of Sept. 11, 2001, the civilian wartime toll from the Dakota conflict was the highest in U.S. history (excluding those of the Civil War).

Over the next several months, continued battles between the Dakota against settlers and later, the United States Army, ended with the surrender of most of the Dakota bands. By late December 1862, soldiers had taken captive more than a thousand Dakota, who were interned in jails in Minnesota. After trials and sentencing, 38 Dakota were hanged on December 26, 1862, in the largest one-day execution in American history. In April 1863 the rest of the Dakota were expelled from Minnesota to Nebraska and South Dakota. The United States Congress abolished their reservations.

Aug 16 2012

Punting the Pundits

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

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

Follow us on Twitter @StarsHollowGzt

David A. Stockman: Paul Ryan’s Fairy-Tale Budget Plan

Mr. Stockman was  the director of the Office of Management and Budget from 1981 to 1985 under Pres. Reagan.

Paul D. Ryan is the most articulate and intellectually imposing Republican of the moment, but that doesn’t alter the fact that this earnest congressman from Wisconsin is preaching the same empty conservative sermon.

Thirty years of Republican apostasy – a once grand party’s embrace of the welfare state, the warfare state and the Wall Street-coddling bailout state – have crippled the engines of capitalism and buried us in debt. Mr. Ryan’s sonorous campaign rhetoric about shrinking Big Government and giving tax cuts to “job creators” (read: the top 2 percent) will do nothing to reverse the nation’s economic decline and arrest its fiscal collapse. [..]

In short, Mr. Ryan’s plan is devoid of credible math or hard policy choices. And it couldn’t pass even if Republicans were to take the presidency and both houses of Congress. Mr. Romney and Mr. Ryan have no plan to take on Wall Street, the Fed, the military-industrial complex, social insurance or the nation’s fiscal calamity and no plan to revive capitalist prosperity – just empty sermons.

New York Times Editorial: Missed Chance to Reject Voting Barriers

Judge Robert Simpson of the Commonwealth Court of Pennsylvania seems to assume that legislators have a high-minded public purpose for the laws they pass. That’s why, on Wednesday morning, he refused to grant an injunction to halt a Republican-backed voter ID law that could disenfranchise hundreds of thousands of poor and minority state residents in November. [..]

The requirement will have a disparate impact on minorities, who tend to lack government IDs at a higher rate than the general population and tend to vote Democratic. Judge Simpson acknowledged he was aware of the remark by Michael Turzai, the Pennsylvania House Republican leader, that the voter ID requirement would win the state for Mitt Romney in November. But there was no proof, he said, that other lawmakers shared that view, and, even if partisan interests were part of the motivation for the law, they are not enough to invalidate it.

Bruce A. Dixon: Tired Old So-Called Leftists Give Same Old Excuses For Supporting Obama in 2012

Abject and unwavering support of President Barack Obama on the part of blacks and what used to be called “the left” has made them pretty much irrelevant since Obama emerged as a viable presidential candidate back in mid-2007. After five years of the Age of Obama, four of them as president, one would imagine there are lots of new reasons to endorse him. But even his abject supporters can’t find any.

For more than four years now, we at Black Agenda Report have chronicled the self-silencing and growing irrelevance of black America and what calls itself “the left” in the age of Obama. Black America has arrayed itself as a veritable wall around the First Black President. But it’s not a wall that protects him from racists or Wall Street predators or Pentagon warmongers. The truth has always been that when we stifle our own tongues and circle the wagons trying to silence critics of the White House we only protect the president and his party from accountability to their supposed base: us.

Charlotte Silver: A revolution against ‘the culture of leaks’?

The US government has been intolerant of whistle blowers under the Obama administration.

California Senator Dianne Feinstein is not happy about the leaks. “The torrent of leaks,” as she calls them, inked onto the pages of the New York Times and the Baltimore Sun; leaks of information that once exposed to the light of day can’t be swept back into hiding. Feinstein, as chairman of the US Senate Intelligence Committee, is set to lead the revolution against what she calls “the culture of leaks” sustained by a security-threatening status quo that’s all too tolerant of whistleblowers and whiners.  

Her solution lies in a measure amended to the Intelligence Authorisation Act for the fiscal year 2013.

The proposal, which has been confirmed as “casting a distinct chill over press coverage of national security issues” by New York Times reporter, Scott Shane, cites the proliferation of leaks as evidence that intelligence agencies must institute an “insider threat programme” that will route out potential leakers.

Furthermore, the proposed bill would threaten harsh punishments to all employees of government intelligence agencies, including being stripped of security clearance and loss of pension if found to have “wrongfully” disclosed information. Finally, the provision would place a gag order on former government officials from publically discussing matters for up to one year after leaving the government employment.

Nick Turse: Washington puts its money on proxy war

The US has been training, advising and conducting joint exercises all over the world with “proxy war on its mind”.

In the 1980s, the US government began funnelling aid to Mujahideen rebels in Afghanistan as part of an American proxy war against the Soviet Union. It was, in the minds of America’s Cold War leaders, a rare chance to bloody the Soviets, to give them a taste of the sort of defeat the Vietnamese, with Soviet help, had inflicted on Washington the decade before. In 1989, after years of bloody combat, the Red Army did indeed limp out of Afghanistan in defeat. Since late 2001, the United States has been fighting its former Afghan proxies and their progeny. Now, after years of bloody combat, it’s the US that’s looking to withdraw the bulk of its forces and once again employ proxies to secure its interests there.

From Asia and Africa to the Middle East and the Americas, the Obama administration is increasingly embracing a multi-faceted, light-footprint brand of warfare. Gone, for the moment at least, are the days of full-scale invasions of the Eurasian mainland. Instead, Washington is now planning to rely ever more heavily on drones and special operations forces to fight scattered global enemies on the cheap. A centerpiece of this new American way of war is the outsourcing of fighting duties to local proxies around the world.

Alfred W. McCoy: Impunity at Home, Rendition Abroad

After a decade of fiery public debate and bare-knuckle partisan brawling, the United States has stumbled toward an ad hoc bipartisan compromise over the issue of torture that rests on two unsustainable policies: impunity at home and rendition abroad.

President Obama has closed the CIA’s “black sites,” its secret prisons where American agents once dirtied their hands with waterboarding and wall slamming. But via rendition-the sending of terrorist suspects to the prisons of countries that torture-and related policies, his administration has outsourced human rights abuse to Afghanistan, Somalia, and elsewhere.  In this way, he has avoided the political stigma of torture, while tacitly tolerating such abuses and harvesting whatever intelligence can be gained from them.

This “resolution” of the torture issue may meet the needs of this country’s deeply divided politics. It cannot, however, long satisfy an international community determined to prosecute human rights abuses through universal jurisdiction. It also runs the long-term risk of another sordid torture scandal that will further damage U.S. standing with allies worldwide.

Aug 16 2012

On This Day In History August 16

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.

August 16 is the 228th day of the year (229th in leap years) in the Gregorian calendar. There are 137 days remaining until the end of the year.

On this day in 1896, Gold discovered in the Yukon.

While salmon fishing near the Klondike River in Canada’s Yukon Territory on this day in 1896, George Carmack reportedly spots nuggets of gold in a creek bed. His lucky discovery sparks the last great gold rush in the American West.

Hoping to cash in on reported gold strikes in Alaska, Carmack had traveled there from California in 1881. After running into a dead end, he headed north into the isolated Yukon Territory, just across the Canadian border. In 1896, another prospector, Robert Henderson, told Carmack of finding gold in a tributary of the Klondike River. Carmack headed to the region with two Native American companions, known as Skookum Jim and Tagish Charlie. On August 16, while camping near Rabbit Creek, Carmack reportedly spotted a nugget of gold jutting out from the creek bank. His two companions later agreed that Skookum Jim–Carmack’s brother-in-law–actually made the discovery.

Aug 15 2012

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

Follow us on Twitter @StarsHollowGzt

Katrina vanden Heuvel: Paul Ryan: Cruel, Not Courageous

A word of advice: If you’re announcing the most radical and reactionary Republican ticket in half a century, don’t do it on a ship named for the birthplace of progressivism, to Aaron Copland’s “Fanfare for the Common Man.”

But that is precisely the kind of audacity congressman-turned-vice presidential-nominee Paul Ryan brings to the flailing Romney campaign. Courage! Vision! And that hair! (Within minutes of the announcement, @VPRyansCowlick boasted dozens of follicle-fixated followers.)

Ryan is the rare Washington pseudo-wonk described by serious people of both parties in the adulatory terms typically reserved for battlefield heroics. “Courageous.” “Politically gutsy.” Author of “the most comprehensive and most courageous budget reform proposal”-wait for it-“in our lifetimes.” He is Jimmy Stewart, if Mr. Smith had spent less time establishing a boys’ camp and more time pretending to pay down the debt, one food stamp at a time.

Therein lies the rub. Ryan’s budget isn’t courageous-it’s just cruel. Three-fifths of the cuts he wants would hit those with low incomes, while those who have the most would continue getting more. It’s no wonder the former altar boy has had his knuckles rapped by a group of nuns for peddling a budget that “rejects church teaching about solidarity, inequality, the choice for the poor, and the common good.”

Bryce Covert: Paul Ryan’s Budget Deals a Body Blow to Women’s Bottom Line

You’d have to live under a rock to miss the news on Saturday morning that Mitt Romney has picked Congressman Paul Ryan to be his running mate. The announcement immediately kicked up a flurry of speculation: what does Ryan bring to the ticket that Romney wants? One thing he does not bring: women’s votes. Mitt Romney has been dogged by a problem with female voters, lagging in their support far behind President Obama, particularly among single women. But where Romney has been vague and flip-floppish on many issues, Ryan has long been very clear about his staunch support for policies that will hurt women economically.

Most people know Paul Ryan for his budget plans. There’s plenty of pain to be found in his budget for the lower and middle class, but women in particular make out poorly (literally) if his budget gets a presidential signature. Add in other policies he’s proposed or supported, and the picture becomes even bleaker.

Laura Flanders; Bill Moyers: For Campaign Cash, TV Gives Back Nothing

I had the opportunity to interview author and broadcaster Bill Moyers last year, just before his latest TV show launched. Then, we were a full year ahead of the presidential election. Now, as we head into the cable-news crush called convention season, I watched our conversation again. It’s even more pointed now. Says Moyers: “The scandal (one part of the scandal), is local television stations make enormous sums of money from all of the campaigning that goes on every two or fours years… and they give back nothing for that… Nothing. They should be giving “free time” to the candidates that have real debate with citizens and answer questions. Instead they write carefully manufactured commercials that are exploitive and misleading and demeaning.”

Read Moyers, and then read this speech from Newton Minnow, then chair of the Federal Communication Commission. Minnow said it best, when he said it 1961: “In a time of peril and opportunity, the old complacent, unbalanced fare of action-adventure and situation comedies is simply not good enough.”

Today, cable news has turned our elections themselves into unbalanced action adventures or worse, situation comedies. And public television, barring shows like Moyers’ own, is barely keeping afloat – or keeping anyone awake.  Given our situation as a nation, maybe the last word should be tragedies.

Terry Tempest Williams: A Generational Stance on Behalf of the Arctic Ocean

In less than a week, the Obama administration may well approve Shell Oil’s plans to do exploratory drilling in America’s Arctic Ocean. It would be an unmitigated disaster because there is no proven way to clean up an oil spill in the harshness of Arctic conditions. It should be stopped.

We must resist and insist that President Obama and Secretary Salazar deny this drilling permit to Shell Oil on two points: The Department of Interior has refused to issue an environmental impact statement to access the risks, impacts, and potential damages that Shell Oil’s drilling plan might have on the fragile and complex ocean environment and its inhabitants. Instead, the Bureau of Ocean Energy Management, Regulation and Enforcement has issued what is called a “Finding of No Significant Impact. This is a lie. 2) Shell Oil has not been able to produce a comprehensive strategy or plan of action, by their own admission, outlining their what they would do should an oil spill occur in Arctic waters.

Katha Politt: Gun Control? Dream On.

Why am I even bothering to write about gun control? That was going to be my opening sentence when this column was to be focused on the Aurora, Colorado, movie-theater massacre: twelve people murdered and fifty-eight wounded, some very severely, by James Holmes, demented neuroscience graduate student. Then came the massacre at the Sikh temple in Oak Creek, Wisconsin: six killed and three wounded by Wade Michael Page, 40-year-old white supremacist and leader of a racist hardcore band called End Apathy. And even after this horrific crime, which the FBI is calling “domestic terrorism,” my opening is the same: Why am I even bothering to write about gun control? End apathy? Fat chance. If even the shooting of Gabrielle Giffords, one of Congress’s own, by Jared Loughner, another hyperarmed madman, didn’t move her pro-gun colleagues or their constituents, nothing will.

Remember the Million Mom March? In May 2000, 750,000 women gathered on the National Mall to call for what are often referred to as “reasonable” controls on guns, like background checks at gun shows and handgun registration (as opposed to “unreasonable” curbs like making it illegal to buy weapons intended to kill people-for example, handguns or AK-47s, let alone 6,000 rounds of ammunition on the Internet). Today you might as well stand on the Mall and sing “Where Have All the Flowers Gone?”

Ellen Brown: Saving the Post Office: Letter Carriers Consider Bringing Back Banking Services

On July 27, 2012, the National Association of Letter Carriers adopted a resolution at their National Convention in Minneapolis to investigate establishing a postal banking system.  The resolution noted that expanding postal services and developing new sources of revenue are important to the effort to save the public Post Office and preserve living-wage jobs; that many countries have a successful history of postal banking, including Germany, France, Italy, Japan, and the United States itself; and that postal banks could serve the 9 million people who don’t have bank accounts and the 21 million who use usurious check cashers, giving low-income people access to a safe banking system.  “A USPS bank would offer a ‘public option’ for banking,” concluded the resolution, “providing basic checking and savings – and no complex financial wheeling and dealing.”

The USPS has been declared insolvent, but it is not because it is inefficient (it has been self-funded throughout its history).  It is because in 2006, Congress required it to prefund postal retiree health benefits for 75 years into the future, an onerous burden no other public or private company is required to carry.  The USPS has evidently been targeted by a plutocratic Congress bent on destroying the most powerful unions and privatizing all public services, including education.  Britain’s 150-year-old postal service is also on the privatization chopping block, and its postal workers have also vowed to fight.  Adding banking services is an internationally proven way to maintain post office solvency and profitability.

Medea Benjamin: At Drone Convention, Zero Tolerance for Peace

When are we, as a nation, going to have a frank discussion about drones and remote-controlled killing? One might think that such a dialogue could take place when thousands of people come together, once a year, at the gathering of the Association of Unmanned Vehicle Systems International (AUVSI). Wrong.

But AUVSI, the lobby group for the drone industry, brooked no dissent at its August 6-9 Las Vegas Convention. When I, as author of a new book Drone Warfare: Killing by Remote Control, tried to rent a room at the Convention Center to give a presentation on my book, AUVSI vetoed my request. When I tried to register as a journalist, I was told that I did not meet their criteria, but they refused to say what that criteria was. And after registering online as a normal participant and paying the $200 fee, when I appeared to get my badge I was yanked off the line, surrounded by police, and told I would be arrested if I set foot in the Convention Center during the duration of the gathering.

Aug 15 2012

On This Day In History August 15

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.

August 15 is the 227th day of the year (228th in leap years) in the Gregorian calendar. There are 138 days remaining until the end of the year.

While there were many significant events that happened on August 15, the most delightful and happily remember is Woodstock. Not many of my Baby Boomer generation remember that today Emperor Hirohito announced the unconditional surrender of Japan or that East Germany began the building of the Berlin Wall or that Malcolm slain Macbeth, it was peace, love and Rock N’ Roll in the mud with a lack of sanitary facilities but lots of music from some of the best at the Woodstock Festivalduring the weekend of August 15 to 18, 1969. The site was a dairy farm in West Lake, NY near the town of Bethel in Sullivan County, some 43 miles southwest from the actual town of Woodstock in Ulster County. During that rainy weekend some 500,000 concert goers became a pivotal moment in the history of Rock and Roll.

Peace, Drugs and Rock N’Roll. Rock On.

Aug 14 2012

Punting the Pundits

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

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

Follow us on Twitter @StarsHollowGzt

Paul Krugman: Romney/Ryan: The Real Target

So, let me clarify what I believe is really going on in the choice of Paul Ryan as VP nominee. It is not about satisfying the conservative base, which was motivated anyway by Obama-hatred; it is not about refocusing on the issues, because R&R are both determined to avoid providing any of the crucial specifics about their plans. It is – as Jonathan Chait also seems to understand – about exploiting the gullibility and vanity of the news media, in much the same way that George W. Bush did in 2000. [..]

So, a memo to the news media: you have now become players in this campaign, not just reporters. Mitt Romney isn’t seeking a debate on the issues; on the contrary, he’s betting that your gullibility and vanity will let him avoid a debate on the issues, including the issue of his own fitness for the presidency. I guess we’ll see if it works.

Richard (RJ) Eskow: Happy Birthday, Social Security! Now About Your Gift …

Today, August 14, is Social Security’s 77th birthday. That presents us with a difficult challenge: What do you give a government program that has everything … except a secure future of its own?

Let’s take a look at the options for this year’s celebration.

The Gift Pile

Talk about an embarrassment of riches! Look what Social Security can already list among its gifts. It’s got:

Hundreds of millions of people who love it. Polls consistently show that Social Security, along with Medicare, is one of our most popular government programs.

The best balance sheet in the entire government. Despite all the scare talk (which we’ll get to shortly), no program in US history is on a firmer financial footing than Social Security. It’s a stand-alone program which isn’t allowed to contribute to the overall government deficit, and is absolutely solvent until the mid-2030’s.

No other program can say that.

New York Times Editorial: A Question of Improper Money Flows

Standard Chartered, the London-based bank, may soon reach a settlement with bank regulators to resolve charges that it violated American banking rules that restrict transactions with Iranian clients. The rules are intended to impede money flows that might finance terrorism and weapons of mass destruction.

The bank has said it “strongly rejects” allegations that it improperly processed $250 billion of transactions for Iranians. The claims were leveled last week by New York’s Department of Financial Services, a regulatory agency recently formed by merging the state’s banking and insurance departments. But if the bank does not settle the charges, its officials will have to rebut them this week at a meeting called by Benjamin Lawsky, the former federal prosecutor who leads the department. It seems a safe bet that the officials would rather settle than have to defend the bank’s actions, with specificity, before the authorities. [..]

While authorities usually act together in such cases, the feds have been on the Standard Chartered case for years without bringing charges or reaching a conclusion.  [..]

Mr. Lawsky’s challenge is to work cooperatively with federal regulators, while standing his ground.

Robert Dreyfuss: Obama’s Regime-Change Policy in Syria

The Pentagon, the State Department and the CIA are making war plans for Syria. And they’re pretty much announcing them.

Over the weekend, on a visit to Turkey, a NATO member, to meet with Syrian opposition leaders and Foreign Minister Ahmet Davutoglu, the Turkish foreign minister, Secretary of State Hillary Clinton explicitly declared that Washington’s policy toward Syria is now in what she called the “operational” phase. “We have been closely coordinating over the course of this conflict, but now we need to get into the real details of such operational planning,” she said adding: “Our intelligence services, our military have very important responsibilities and roles to play, so we are going to be setting up a working group to do exactly that.”

Make no mistake: this is regime change by force. It’s not exactly like Iraq, and it’s not exactly like Libya (yet)-but it’s regime change by force anyway.

Ari Berman: Romney-Ryan Economic Plans Would Increase Unemployment, Deepen Recession

Much has been written in recent days about Paul Ryan’s plans to privatize Medicare, dismantle Social Security, massively cut taxes for the wealthy and drastically redistribute income from the bottom to the top.

Yet perhaps the most disturbing feature of Ryan’s budget is that, in the midst of a prolonged recession, it would cost the US economy millions of jobs. Ryan’s 2011 budget plan proposes what the Center for Budget and Policy Priorities calls “the most severe and wrenching budget cuts in US history-two-thirds of which would come from programs for people of low or moderate incomes” (Medicaid, Pell grants, food stamps and low-income housing). According to the Economic Policy Institute, “the shock to aggregate demand from near-term spending cuts would result in roughly 1.3 million jobs lost in 2013 and 2.8 million jobs lost in 2014, or 4.1 million jobs through 2014.”

Robert Kuttner: Food and the Fed

The record drought and crop failures will create shortages, especially of corn, and will increase the prices of many foods that either contain the stuff or use it to feed livestock. That, in turn, will cause an uptick in the rate of inflation. And higher prices will give the inflation hawks in the Federal Reserve more ammunition in their insane campaign for higher interest rates.

At the most recent meeting of its policy-setting Open Market Committee, Aug. 7, the Fed declined to lower interest rates further, under pressure from inflation hawks. The vote to keep rates at their present level was only 7-3, with the dissenters favoring tighter money. [..]

It’s also clear that the insane weather is a clarion call to get far more serious about global climate change. Readers of my stuff will note that, like columnist Gail Collins on the subject of Mitt Romney’s dog-on-the-roof, I never pass up an opportunity to point out that World War II cured the Great Depression; and that today we need massive social investment to cure slumping demand.

Aug 14 2012

On This Day In History August 14

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.

August 14 is the 226th day of the year (227th in leap years) in the Gregorian calendar. There are 139 days remaining until the end of the year.

On this day in 1935, President Franklin D. Roosevelt signed the Social Security Act into law.

On this day in 1935, President Franklin D. Roosevelt signs into law the Social Security Act. Press photographers snapped pictures as FDR, flanked by ranking members of Congress, signed into law the historic act, which guaranteed an income for the unemployed and retirees. FDR commended Congress for what he considered to be a “patriotic” act.

U.S. Social Security is a social insurance program that is funded through dedicated payroll taxes called Federal Insurance Contributions Act (FICA). Tax deposits are formally entrusted to the Federal Old-Age and Survivors Insurance Trust Fund, the Federal Disability Insurance Trust Fund, the Federal Hospital Insurance Trust Fund, or the Federal Supplementary Medical Insurance Trust Fund.

The main part of the program is sometimes abbreviated OASDI (Old Age, Survivors, and Disability Insurance) or RSDI (Retirement, Survivors, and Disability Insurance). When initially signed into law by President Franklin D. Roosevelt in 1935 as part of his New Deal, the term Social Security covered unemployment insurance as well. The term, in everyday speech, is used to refer only to the benefits for retirement, disability, survivorship, and death, which are the four main benefits provided by traditional private-sector pension plans. In 2004 the U.S. Social Security system paid out almost $500 billion in benefits.

By dollars paid, the U.S. Social Security program is the largest government program in the world and the single greatest expenditure in the federal budget, with 20.8% for social security, compared to 20.5% for discretionary defense and 20.1% for Medicare/Medicaid. Social Security is currently the largest social insurance program in the U.S., constituting 37% of government expenditure and 7% of the gross domestic product and is currently estimated to keep roughly 40% of all Americans age 65 or older out of poverty. The Social Security Administration is headquartered in Woodlawn, Maryland, just to the west of Baltimore.

Social Security privatization became a major political issue for more than three decades during the presidencies of Gerald Ford, Jimmy Carter, Ronald Reagan, George H. W. Bush, Bill Clinton, and George W. Bush.

Aug 13 2012

Punting the Pundits

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

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

Follow us on Twitter @StarsHollowGzt

Joseph E. Stiglitz and Mark Zandi: The One Housing Solution Left: Mass Mortgage Refinancing

MORE than four million Americans have lost their homes since the housing bubble began bursting six years ago. An additional 3.5 million homeowners are in the foreclosure process or are so delinquent on payments that they will be soon. With 13.5 million homeowners underwater – they owe more than their home is now worth – the odds are high that many millions more will lose their homes. [..]

Late last month, the top regulator overseeing Fannie Mae and Freddie Mac blocked a plan backed by the Obama administration to let the companies forgive some of the mortgage debt owed by stressed homeowners. While half a million homeowners could be helped with a principal writedown, the regulator, Edward J. DeMarco, argued (we believe incorrectly) that helping some homeowners might cause others who are paying on their loans to stop so that they also could get their mortgages reduced.

With principal writedown no longer an option, the government needs to find a new way to facilitate mass mortgage refinancings. With rates at record lows, refinancing would allow homeowners to significantly reduce their monthly payments, freeing up money to spend on other things. A mass refinancing program would work like a potent tax cut.

Robert Reich: The Ryan Choice

Paul Ryan is the reverse of Sarah Palin. She was all right-wing flash without much substance. He’s all right-wing substance without much flash.

Ryan is not a firebrand. He’s not smarmy. He doesn’t ooze contempt for opponents or ridicule those who disagree with him. In style and tone, he doesn’t even sound like an ideologue — until you listen to what he has to say.

It’s here — in Ryan’s views and policy judgments — we find the true ideologue. More than any other politician today, Paul Ryan exemplifies the social Darwinism at the core of today’s Republican Party: Reward the rich, penalize the poor, let everyone else fend for themselves. Dog eat dog.

Richard (RJ) Eskow: “President Ryan” – Another Shrewd Move in the Corporate State’s Long Game

Paul Ryan’s looks are often compared to an actor’s, and that’s no accident: He’s being groomed for the role of a lifetime. When Mitt Romney accidentally introduced Ryan as “the next President” he may have been displaying the same predilection for accidental honesty – for truth-telling as political gaffe – that he showed when he praised Israel’s socialized health system.

And Romney may be right. The most likeable and electable extremist in the country just became the GOP’s 2016 front-runner. That’s no accident either.

All the signs suggest that the economy will struggle for years unless progressive steps are taken. Worse, another steep decline into recession or depression could occur at any time. If Obama’s re-elected and we’re still suffering in 2016, as now seems likely, our “electable extremist” will be in the perfect position to become the next President.

Heads we win, says Corporate America, and tails you lose.

Raymond J. Learsy: France’s 75% Millionaires Tax and America’s Insidiously Crafted Two Tiered Law Enforcement

France’s newly elected Socialist President Francois Hollande has vowed to impose a 75% tax on anyone’s income above a million Euros equivalent to $1.24 million. Clearly there is growing concern among the upper echelons of the France’s business class as Hollande presses forward his ‘manifesto of patriotism’ to ‘pay extra tax to get the country back on its feet again’ (“Indigestion for ‘les Riches,” New York Times, August 8, 2012).

The political rationalization for Hollande’s initiative is to provide political cover for the deep cuts that the government may need to make to France’s extensive social and welfare programs.

Yet the motivating force can be ascribed to a far more destructive impulse imbued with the class animosity dating back to the Revolution. Significantly, Hollande has been quoted, “I don’t like the rich.” Voila!

Matthew Rothschild: Victory for Anti-Nuclear Power Movement in the US

Wendell K. Potter: “Path to Prosperity?” For Many Senior Citizens, VP Pick Ryan’s Plan Would Be Path to the Poorhouse

Score two for the movement against nuclear power in this country.

In June, the federal appeals court for the District of Columbia ruled that the Nuclear Regulatory Commission was in violation of the law for failing to adequately assess the environmental hazards involved in the storage of nuclear waste, a point that anti-nuke activists have been making for years and years.

In response to that court ruling, the NRC this week issued a statement that it was stopping the issuing of permits for new nuclear power construction, as well as for life extensions on old existing plants, until it satisfies the court’s concerns.

If Americans who are embracing Rep. Paul Ryan’s “Path to Prosperity” — and that now includes Mitt Romney — spent a few minutes reviewing a few recent research reports, they just might conclude that the Wisconsin Republican’s plan to reduce the deficit might better be renamed the “Path to the Poorhouse” because of what it would mean to the Medicare program and many senior citizens.

Ryan’s proposal, which will get new scrutiny now that Romney has made him his running mate, would end the current Medicare program for everyone born after 1956. It would replace Medicare with a system in which beneficiaries would receive a set amount of money from the government every year to buy coverage from private insurers. That money would go straight into insurance companies’ bank accounts, which would make them far richer and even more in control of our health care system than they already are.

Aug 13 2012

On This Day In History August 13

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.

Click on image to enlarge

August 13 is the 225th day of the year (226th in leap years) in the Gregorian calendar. There are 140 days remaining until the end of the year.

On this day in 1521, the Aztec capital, Tenochtitlan falls to Cortes:

After a three-month siege, Spanish forces under Hernan Cortes capture Tenochtitlan, the capital of the Aztec empire. Cortes’ men leveled the city and captured Cuauhtemoc, the Aztec emperor.

Tenochtitlan was founded in 1325 A.D. by a wandering tribe of hunters and gatherers on islands in Lake Texcoco, near the present site of Mexico City. In only one century, this civilization grew into the Aztec empire, largely because of its advanced system of agriculture. The empire came to dominate central Mexico and by the ascendance of Montezuma II in 1502 had reached its greatest extent, extending as far south as perhaps modern-day Nicaragua. At the time, the empire was held together primarily by Aztec military strength, and Montezuma II set about establishing a bureaucracy, creating provinces that would pay tribute to the imperial capital of Tenochtitlan. The conquered peoples resented the Aztec demands for tribute and victims for the religious sacrifices, but the Aztec military kept rebellion at bay.

After the conquest

Cortes subsequently directed the systematic destruction and leveling of the city and its rebuilding, despite opposition, with a central area designated for Spanish use (the traza). The outer Indian section, now dubbed San Juan Tenochtitlan, continued to be governed by the previous indigenous elite and was divided into the same subdivisions as before.

Ruins

Some of the remaining ruins of Tenochtitlan’s main temple, the Templo Mayor, were uncovered during the construction of a metro line in the 1970s. A small portion has been excavated and is now open to visitors. Mexico City’s Zócalo, the Plaza de la Constitución, is located at the location of Tenochtitlan’s original central plaza and market, and many of the original calzadas still correspond to modern streets in the city. The Aztec sun stone was located in the ruins. This stone is 4 meters in diameter and weighs over 20 tonnes. It was once located half way up the great pyramid. This sculpture was made around 1470 CE under the rule of King Axayacatl, the predecessor of Tizoc, and is said to tell the Aztec history and prophecy for the future.

Aug 12 2012

Rant of the Week: Brent Wilkins, David Dayen and Cenk Uygur

Texas executes mentally retarded man

by Brett Wilkins

Ignoring its own ruling that prohibits the execution of mentally retarded individuals, the United States Supreme Court on Tuesday rejected the appeal of a Texas man with an IQ of 61 convicted of murdering a police drug informant.

Following the high court’s denial, 54-year-old Marvin Wilson was executed by lethal injection at the state prison in Huntsville, Texas. [..]

Wilson’s attorneys based their appeal on the fact that his IQ was determined to be 61, well below 70, the threshold for mental retardation. Wilson’s IQ places him in the very bottom 1% of individuals for intellectual capacity. His reading and writing level was determined to be that of a 7-year-old child’s, and he could not hold down a job or even properly dress himself.

In Atkins v. Virginia (2002), the US Supreme Court ruled that executing such individuals was a violation of the Constitution’s Eighth Amendment prohibition of cruel and unusual punishment.

But Texas simply redefined retardation, based in part on the fictional character Lennie Small from John Steinbeck’s novel “Of Mice and Men.”

In establishing what are known as the Briseno factors, which Texas uses to determine whether an individual is retarded or not, the state implicitly asserts that anyone less mentally impaired than Steinbeck’s Lennie is fit for execution.

Steinbeck’s son Thomas slammed the Texas Court of Criminal Appeals for using Lennie as a benchmark to determine who should be executed.

Scalia Denies Stay, Allows Execution of Mentally Retarded Man in Texas

by David Dayen

The Supreme Court justices have jurisdiction over various regions of the country when it comes to injunctions, particularly when it comes to stays of execution. In the case of Marvin Wilson, the mentally retarded man with an IQ of 61 and an intelligence level of a 6 year-old, set to die today in Texas in conjunction with a murder conviction, that appeal had to go through none other than Justice Antonin Scalia. Justice Scalia wrote a dissent (pdf) in the case of Atkins v. Virginia, which established the ban on executing the mentally retarded (Texas, like other states, got to set their own standards for what constitutes “retarded,” and as such plowed ahead with the execution of Wilson today). Scalia wrote that, because “Only the severely or profoundly mentally retarded, commonly known as idiots, enjoyed any special status under the law” in 1791, around the time of the establishment of the Eighth Amendment, he disagreed with the ruling. And so it should come as no surprise that he submitted this short response to the stay of Marvin Wilson today.

The application for stay of execution of sentence of death presented to Justice Scalia and by him referred to the Court is denied. The petition for a writ of certiorari is denied.

This condemns a man with a 61 IQ to death. Scalia wrote in his Atkins dissent, “Seldom has an opinion of this Court rested so obviously upon nothing but the personal views of its members.” That’s my sentiment exactly. Scalia has a ruling which clearly states that executing the mentally retarded violates the Eighth Amendment. But Scalia doesn’t agree, so he decided to allow Texas to violate the ruling.

Why Do Some Americans Have Such Tremendous BLOOD LUST?

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