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Jon Erik Kingstad

Afton, MN
Commenter for
4 years 29 weeks

Recent Comments

If people are going to discuss the Posse Comitatus Act, it might as well be at least somewhat informed. Wikipedia is not necessarily the most authoritative source but at least it does have some sources which are linked to actual pieces of legislation and historical discussions.

It's interesting to note how the...

Posted on 08/21/14 at 02:00 pm in response to What recovery? Workers are telling the Federal Reserve to get real

Mr. Raino's objections are rightly focused on the prospect of the Federal Reserve raising interest rates:

"At the Jackson Hole conference, Fed leaders will be talking about whether and when it should raise interest rates. If it raises interest rates too soon, it will hurt the economy and make it even harder than it already is for workers to find good jobs, get raises, and achieve real recovery."

The Federal Reserve has always lived in a parallel universe where "full employment...

Posted on 08/01/14 at 08:28 am in response to Against the über-presidency: Minnesota Republicans vote to sue Obama

I've read through Devin's article a couple times and through the comments. I still don't know what law or laws the Republicans think the President has broken. Compare this to the Bush-Cheney years where we have blatant criminal conduct by Bush and Cheney and their underlings. These were not only war crimes- we know they committed those- but other crimes, like perjury to a special prosecutor, illegal wiretapping and lying to Congress. Nixon was a small time crook compared to these two....

Posted on 07/31/14 at 08:38 am in response to David Cobb on how corporations are stealing our self-governing rights

I did not say "close the banks due to technical violations of banking laws." I said there is sufficient evidence known publicly to have warranted criminal prosecutions for serious violations of criminal law.

Your question reminds me of the old riddle:" Why doth treason prosper? Because if it prosper, none dare call it treason."

Posted on 07/30/14 at 05:19 pm in response to David Cobb on how corporations are stealing our self-governing rights

I'd turn the question to "what corporations should NOT have their charters revoked?"

Let's start with some of the biggies: JP Morgan Chase, Citicorp, Goldman Sachs, Bank of America and Wells Fargo.

There have been a series of watered down "consent decrees" entered against the major banking/investment banking/insurance firms (they are all the same after the repeal of Glass-Steagall) for technical violations of banking regulations. There have been no major RICO or antitrust...

Posted on 08/02/14 at 07:39 pm in response to David Cobb on how corporations are stealing our self-governing rights

Apology accepted but maybe I was not clear.

A bank is no different from any other incorporated entity. If any incorporated entity engages in criminal conduct. it should have its charter revoked. Revocation or cancellation of a corporate charter is not a criminal sanction but a civil or administrative one. But revocation of a corporate charter is a sanction for violation of a criminal law.

Maybe you need to explain why you seem to believe "revocation of a corporate charter" is...

Eric is right to look at the issue of federal deficits in historical and long term future perspectives. But I don't think that should be any reason to succumb to any degree of deficit hawkness because, as Prof. Krugman has stated time and again, the deficit is not a problem today or the foreseeable future. Prof. Krugman has made many significant contributions to economic discussion and debate today, above and beyond his contributions as a scholar for which he won the Nobel Prize. His main...

Posted on 07/21/14 at 02:13 pm in response to Considering Thomas Piketty, inequality and family fragmentation

Maybe there's a real connection between the two or three ideas discussed in his commentary but I'm not persuaded Mr. Pearlstein's has succeeded in making them in this brief commentary. The topic of what he defines as "family fragmentation" is probably book in itself. Since Mr. Pearlstein has written such a book apparently, I'll leave that aside for the moment.

What does "family fragmentation" have to do with Thomas Piketty's take on "Capitalism in the 21st Century."? I haven't yet...

Posted on 07/15/14 at 10:30 am in response to Poll: 68 percent of Republicans say Obama should be impeached

but it wasn't until Clinton was impeached that it became clear that "it's only OK if you are a Republican." There is no crime or misdemeanor committed by a Republican president or his "minions" that any Republican would consider impeachable. The corollary to that rule is that not being a Republican President is itself an impeachable "crime and misdemeanor." The only reason the Republican House is waiting to impeach Obama is to see if they have a majority in the Senate after November so they...

Posted on 07/15/14 at 12:48 pm in response to Poll: 68 percent of Republicans say Obama should be impeached

was the name to the affair which involved Reagan not Nixon. Reagan, Bush, Poindexter, North, and a number of others committed "high crimes and misdemeanors" in dealing with Iran and the CIA sponsored contras in Nicaragua.

Any comparison of Nixon and Obama is specious. Nixon actually used the IRS to punish his political enemies. If you are referring to the threatened revocation of a tax exempt status from a 501 (c)(3) entity that is being used fraudulently to funnel political funds,...