FM newswire for May 5, interesting articles about geopolitics

Today’s links to interesting news and analysis. If you find this useful, please pass it to a friend or colleague.

  1. The Euro Trap“, Paul Krugman, op-ed in the New York Times, 29 April 2010 — Until they understand the problem, there can be no cure.
  2. A look in the mirror:  “Cases in Plutarchy? The U.S. Senate by Graduating Institution“, T. Greer, Scholar’s Stage, 30 April 2010
  3. Excellent status report on efforts to fix the Gulf oil spill:  “First Macondo dome on way“, Upstream Online, 3 May 2010
  4. When Prosecutors Run Amok — And What To Do About It, Scott Horton, Scott Horton, 3 May 2010
  5. About the clown show called the United Nations:  “Who Put Iran in Charge of Women’s Rights?“, Anne Applebaum, Slate, 3 May 2010 — “The country’s election to the U.N. Commission on the Status of Women is a joke.”
  6. Frank talk by the owner of Blackwater:  “Secret Erik Prince Tape Exposed“, Jeremy Scahill, blog of The Nation, 3 May 2010
  7. State capitalism at work (the real new economy):  “R.E.A.C.T., Matthew Yglesias, ThinkProgress, 4 May 2010 — Police acting as stewards of corporate profits.
  8. Slowly economists remove their blinders and see that leaving the Euro might help Greece:  “Default, Devaluation, Or What?“, Paul Krugman, blog of the New York Times, 4 May 2010
  9. Another conservative working to destroy the Constitution:  “Joe Lieberman bill would strip suspects’ citizenship“, Politico, 5 May 2010
  10. About banks: “The Big Steal“, Graydon Carter, Vanity Fair, June 2010

(11)  “Some really bad news from Greece – Opposition decides to vote against the deal”, Eurointelligence, 5 May 2010 — Excerpt:

The EU/IMF deal will find a majority in the Greek parliament, but last night’s decision by Antonis Samaras, leader of the opposition New Democracy, to vote against the IMF/EU package destroys any hopes of a lasting consensus for reform. It signals a return to the politics as usual at a rather early stage in the adjustment process, and destroys any hope of a national consensus, which is so critical when it comes to the implementation of long-term adjustment programmes. (Remember the IMF said the whole adjustment would take 10 years!) The decision makes it very likely that Greece will not be able to maintain the commitments it made in its negotiations, except in the very short term. See this report in Kathimerini for more details.

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