Economics and Investing:

Lynn G. mentioned this disturbing article about the bankrupt city of Vallejo, California: Broke Town, U.S.A.

John R. suggested this: Egon von Greyerz: “A Hyperinflationary Deluge Is Imminent”, And Why, Therefore, Bernanke’s Motto Is “Après Nous Le Déluge”

Utah House Passes Bill Recognizing Gold, Silver as Legal Tender. (A nice gesture and a good start, but what we need to do is abolish the Federal Reserve and reinstitute a Constitutional bi-metallic currency system for the nation.)

Reader C.D.V. sent several inks:

Investors Are Seeking Safety in New Harbors: Dollar, Once a Favored Refuge, Loses Ground to Yen, Franc

US Standard of Living in Peril From Dollar’s Weakness: Zell

Items from The Economatrix:

ECB Shocks Markets With April Rate Hike Hint  

Average Gasoline Prices Jump Another 4 Cents  

Drop In Jobless Claims Raises Hope For Hiring   

Bang, Bang, Maxwell’s Silver Hammer