Oil rises to $70 from $49 – Middle East Turmoil to blame. Argentine inflation goes wild, interest rates above 40%. Excessive corporate debt could be the next global financial crisis.
by Eric Margolis
LOS ANGELES – As Britain’s socialist government cleared the way for a gaudy show trial of that Great Satan of the left, Chile’s Gen. Augusto Pinochet, the 65th anniversary of this century’s bloodiest crime was utterly ignored. Leftists now baying for Pinochet’s head don’t want to be reminded of the Unknown Holocaust.