FM newswire for May 6, 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. Best graphic of the year, refuting conservatives lies about the Federal deficits:  “How Trillion-Dollar Deficits Were Created“, New York Times, 9 June 2009
2. Powerful and important article:  “Goodbye Supply Side“, National Review, 3 May 2010 — Amazing and commendable that National Review ran this.
3. Amazing story from the Seattle Times:  WA State and 2 cities  pay a 22-year-old anti-war activist  from Evergreen State College, paying him and ACLU attorneys $544,000,  to settle a lawsuit for false arrest,  spying and harassment (source).
4. Very bad news:  “British Trawlers Working Nearly 20 Times as Hard to Catch Fish“, Science, 4 May 2010 — Evidence that fisheries do not recover even after scores of years.
5. These numbers are astonishing!  “China’s coal bubble…and how it will deflate U.S. efforts to develop clean coal“, Richard Heinberg (bio), Post Carbon Institute, 4 May 2010
6. “Yawn … How Many Times Have You Seen This Headline?“, Tom Engelhardt, TomDispatch, 5 May 2010
7. Foreshadowing disaster for the Democratic Party in November:  “Dem Turnout Falls Off A Cliff“, National Journal, 5 May 2010 — Results of the primaries in IN, NC, and OH.
8. “Dispersant ‘may make Deepwater Horizon oil spill more toxic’“, The Guardian, 5 May 2010 — “Scientists fear chemicals used in oil clean-up can cause genetic mutations and cancer, and threaten sea turtles and tuna”
9. Slowly mainstream economists see the reality of the Euro’s inevitable breakup:  “Greek End Game“, Paul Krugman, blog of the New York Times, 5 May 2010
10. Why they are not restructuring Greece’s debt (an inevitable and necessary step):  “Expect Nothing“, Simon Johnson (former IMF chief economist), Baseline Scenario, 5 May 2010
11. More evidence about the obvious, that Iran won the war:  “Shiite Parties Form Largest Coalition in Iraq; Ayatollahs to choose PM; Win for Iran“, Juan Cole, Informed Comment, 5 May 2010
12. Good news:  “Sun’s magnetics coming alive again“, Anthony Watts, 5 May 2010 — The new solar cycle starts up, at last.

An important graphic about rising income inequality

From “‘13 Bankers,’ Financialization and the Real Economy“, Mike Konczal, Huffington Post, 3 May 2010: