Links 6/6/08

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Are water wars in our future? PhysOrg

Bailing Out On America Economic Policy Institute (hat tip Jojo). On the disposition of a $100 billion contract for new tanker aircraft.

SEC, Justice Scrutinize AIG on Swaps Accounting Wall Street Journal. Trouble for AIG, and could it have broader implications for the CDS market?

Foreclosures Hit The Hamptons Boom2Bust

Oil Currency Hypocrisy Kenneth Rogoff, New York Sun

More on De-Globalization: Oil, Transport Costs and Inflation Menzie Chinn, Econbrowser

The Search for Signs of Intelligent Life…in the Stock Market Michael Panzner

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