Some wonder whether the stock market’s rebound to over 10,000 is a sign not of economic recovery but of inflation. Is the simultaneous rise in gold prices another symptom of dramatic inflation ahead, sparked by big government blunders? An article at Smart Money includes Jonathan Hoenig’s warning of government-caused hyperinflation. …
As the world honors Abraham Lincoln on the 200th anniversary of his birth, it’s worth recalling one of the less well-remembered moments of his career: his letter on January 19, 1863 to “the Workingmen of Manchester,” responding to their earlier address and resolutions in support of the North. This was …
Despite claims from the opposition party that they won 50.3% of the vote from the weekend’s presidential election, Zimbabwe’s state-run newspaper claimed today that no one had reached 50% and that a runoff election between the 28-year incumbent Robert Mugabe and opposition leader Morgan Tsvangirai was likely. The International Herald …
