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Economics and Investing:

Lynn G. mentioned this disturbing article about the bankrupt city of Vallejo, California: Broke Town, U.S.A. [1]

John R. suggested this: Egon von Greyerz: “A Hyperinflationary Deluge Is Imminent”, And Why, Therefore, Bernanke’s Motto Is “Après Nous Le Déluge” [2]

Utah House Passes Bill Recognizing Gold, Silver as Legal Tender [3]. (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 [4]

US Standard of Living in Peril From Dollar’s Weakness: Zell [5]

Items from The Economatrix:

ECB Shocks Markets With April Rate Hike Hint [6]  

Average Gasoline Prices Jump Another 4 Cents [7]  

Drop In Jobless Claims Raises Hope For Hiring [8]   

Bang, Bang, Maxwell’s Silver Hammer [9]