Today’s links to interesting news and analysis. If you find this useful, please pass it to a friend or colleague.
- Best graphic of the year, refuting conservatives lies about the Federal deficits: “How Trillion-Dollar Deficits Were Created“, New York Times, 9 June 2009
- Powerful and important article: “Goodbye Supply Side“, National Review, 3 May 2010 — Amazing and commendable that National Review ran this.
- 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).
- 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.
- 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
- “Yawn … How Many Times Have You Seen This Headline?“, Tom Engelhardt, TomDispatch, 5 May 2010
- 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.
- “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”
- 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
- 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
- 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
- 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: