THE PAPER OF RECORD BRILLIANTLY RECOUNTS THE MAN OF OUR TIME. RESPECT: “The question most often asked about Mr. Mandela was how, after whites had systematically humiliated his people, tortured and murdered many of his friends, and cast him into prison for 27 years, he could be so evidently free of spite. The government he formed when he finally won the chance was an improbable fusion of races and beliefs, including many of his former oppressors. When he became president, he invited one of his white wardens to the inauguration. Mr. Mandela overcame a personal mistrust bordering on loathing to share both power and a Nobel Peace Prize with the white president who preceded him, F. W. de Klerk.” (via New York Times) CAUTIOUS OPTIMISM AS THE U.S. UNEMPLOYMENT RATE DROPS THREE-TENTHS OF A PERCENTAGE TO A FIVE-YEAR LOW OF SEVEN PERCENT! THAT’S NUMBERWANG!: “The U.S. labor market is still far from healed, but it certainly is moving in the right direction,” said Eric Stein, co-director of the Global Income Group at Eaton Vance Investment Managers in Boston. U.S. stocks bounced higher at the open, the dollar rose against the euro and the yen, and U.S. benchmark Treasury yields […]
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