Today’s links to interesting news and analysis. If you find this useful, please pass it to a friend or colleague.
- “The Iraq War Ledger – A Tabulation of the Human, Financial, and Strategic Costs“, Center for American Progress, 6 May 2010 — But it was worth it for Iran.
- Brilliant; I recommend reading this: “Are you ready for the United States of Germany?“, Michael Pettis (Prof, Peking U), China Financial Markets, 7 May 2010
Updates about the Deepwater Horizon oil spill, and offshore drilling
- “Before the Big Spill – Oil companies have a history of ill-timed fights against safety improvements“, Slate, 7 May 2010 — “In the last half-century, 3 major oil spills have significantly marked American politics: the 1969 Santa Barbara, CA, spill, the 1989 Exxon Valdez spill, and now the 2010 spill in the Gulf. They have a striking thing in common: each occurred after the oil industry successfully resisted demands for safety improvements that would have greatly reduced the damage the spills caused.”
- Business continues as usual: “Since spill, Feds have given 27 waivers to oil companies in gulf“, McClatchy Newspapers, 7 May 2010
- “Federal regulators haven’t kept up with oil drilling expansion“, Los Angeles Times, 8 May 2010 — “When the Deepwater Horizon rig exploded and oil started gushing into the Gulf of Mexico, neither the oil companies nor their watchdogs in the Interior Department were ready”
- BP considers other plans to cap the spill, after the initial failure of the containment dome: “BP eyes ‘junk shot’ to clog Macondo“, UpstreamOnline, 8 May 2010