TOKYO (AP) — A homeless woman who sneaked into a man’s house and lived undetected in his closet for a year was arrested in Japan after he became suspicious when food mysteriously began disappearing.
Police found the 58-year-old woman Thursday hiding in the top compartment of the man’s closet and arrested her for trespassing, police spokesman Hiroki Itakura from southern Kasuya town said Friday.
A whole year, wow!
I’d like to see a picture!
Police hunt for robbers donning thongs on their faces
ARVADA, Colo. (AP) — Arvada Police are looking for two men they say covered their faces with women’s thongs to rob a convenience store.
Update: Picture, video and audio can be found here. These guys should enjoy their last days of freedom as the video is high quality with great audio as well. I’m glad no one was hurt.
I want to go to the Mellow Mushroom in Knoxville, TN for beer and here’s why. Unfortunately, it’s a little far from my normal meeting place of Old Chicago’s or the Left Hand Brewery, both in Longmont (that would be Colorado).
It appears both Old Chicago’s and the Mellow Mushroom specialize in pizza.
An 8 year bear market for the Dow when priced in gold vs. dollars.
Obama distances himself from another clergyman
CHICAGO – Democratic presidential candidate Barack Obama said Thursday that he was “deeply disappointed” by a supporter’s sermon at his church that mocked Hillary Rodham Clinton.
Scott Johnson at Power Line wonders if Obama actually knows his “friends”.
According to Warren, the banks are to blame.
“The banks exposed themselves too much, they took on too much risk …. It’s their fault. There’s no need to blame anyone else,” he said.
If you believe long term interest rates will be rising, there are two ETF’s that can be used to profit from such a movement.
UltraShort Lehman 20+ Year Treasury (TBT)
Objective
UltraShort Lehman 20+ Year Treasury ProShares seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the Lehman Brothers 20+ Year U.S. Treasury Index.
UltraShort Lehman 7-10 Year Treasury (PST)
Objective
UltraShort Lehman 7-10 Year Treasury ProShares seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the Lehman Brothers 7-10 Year U.S. Treasury Index.
Jonathan Hoenig has an article on this subject over at the Smartmoney website, but it is available only to “select” members for another week, then it will be available to the general public.
Well, the dollar is up, gold is down and the long bond is moving lower (rates higher). The first two items imply declining inflation, the bond pricing moving lower is indicative of higher inflation.
The implication of lower bond prices is that our lenders are requiring higher returns on their money as they believe that inflation and/or a declining dollar will reduce the value of their investment. My only question is what took them so long to figure that out. Also, this is a great lesson in markets not necessarily moving rationally, at least on the surface.
Here are some charts of various indici’s:
Gold, the Dollar Index and the Lehman 20+ year bond index
(click to enlarge)
Bill Gross, CIO at Pimco says higher inflation is coming for the next few years. In an interview with CNBC he stated..
“I think inflation is here to stay for at least the next year or two,” Gross told “Europe Tonight.” He added, “there’s real demand for commodities … that ultimately will continue to impact core (inflation).”
His investment recommendations….
Investors keen to avoid the pitfalls of rampant inflation should opt for “real assets that can reprice subject to supply and demand considerations on a global basis,” Gross said.
There’s also a video of the interview at the above link that is well worth watching.
Jon Caldera, President of the Independence Institute talks about how intolerant Boulder is. The conclusion to his Colorado Daily column titled “Intolerant Boulder” is:
In a city that prides itself on throwing around the words “tolerance” and “diversity” like they are rice at a wedding (or bird seed in Boulder), my 24 years here have taught me that Boulder is still a massively intolerant place. Oh, there is a lot of tolerance of different political points of view here, assuming that all those views lean to the collectivist.
I’m not holding my breath for the city to reverse the smoking ban, lower taxes or allow cars on the bike paths. But a little less hypersensitivity would be a fine start.
Charles Krauthammer takes on the global warming kool-aid drinkers and I must say that I’m pretty much in full agreement with him.
I’m not a global warming believer. I’m not a global warming denier. I’m a global warming agnostic who believes instinctively that it can’t be very good to pump lots of CO2 into the atmosphere, but is equally convinced that those who presume to know exactly where that leads are talking through their hats.
Oh yes, count me in on that. I have no problem with CO2 not being good, but how far back to the stone age do we care to go to address this problem? Next Krauthammer takes on the global warming models which lead to all the speculation…
Predictions of catastrophe depend on models. Models depend on assumptions about complex planetary systems — from ocean currents to cloud formation — that no one fully understands.
Which is why the models are inherently flawed and forever changing. The doomsday scenarios posit a cascade of events, each with a certain probability. The multiple improbability of their simultaneous occurrence renders all such predictions entirely speculative.
This leads directly to attacks on our freedom…
Yet on the basis of this speculation, environmental activists, attended by compliant scientists and opportunistic politicians, are advocating radical economic and social regulation.
“The largest threat to freedom, democracy, the market economy and prosperity,” warns Czech President Vaclav Klaus, “is no longer socialism. It is, instead, the ambitious, arrogant, unscrupulous ideology of environmentalism.”
If you doubt the arrogance, you haven’t seen that Newsweek cover story that declared the global warming debate over.
All this leads to the rationing of carbon credits…
Just Monday, a British parliamentary committee proposed that every citizen be required to carry a carbon card that must be presented, under penalty of law, when buying gasoline, taking an airplane or using electricity. The card contains your yearly carbon ration to be drawn down with every purchase, every trip, every swipe.
There’s no greater social power than the power to ration. And, other than rationing food, there is no greater instrument of social control than rationing energy, the currency of just about everything one does and uses in an advanced society.
and Krauthammer’s proposed alternative…
So what does the global warming agnostic propose as an alternative?
First, more research — untainted and reliable — to determine (a) whether the carbon footprint of man is or is not lost among the massive natural forces (from sunspot activity to ocean currents) that affect climate, and (b) if the human effect is indeed significant, whether the planetary climate system has the homeostatic mechanisms (like the feedback loops in the human body, for example) with which to compensate.
Second, reduce our carbon footprint in the interim by doing the doable, rather than the economically ruinous and socially destructive. The most obvious step is a major move to nuclear power, which to the atmosphere is the cleanest of the clean.
But your would-be masters have foreseen this contingency. The Church of the Environment promulgates secondary dogmas as well. One of these is a strict nuclear taboo.
Rather convenient, is it not? Take this major coal-substituting fix off the table and we will be rationing all the more. Guess who does the rationing?
There are no easy fixes and I’m not particularly for a space race or a Manhattan project effort to provide the solution. Those projects had singular goals, put a Man on the Moon and build an atomic bomb. Although the goal may be singular, obtaining energy independence, in this case there are numerous paths to obtaining the goal.
Solar, wind, nuclear, natural gas, drilling off the coast and ANWAR, hydrogen powered cars, biofuels, not to mention conservation.
Unbelievable in both cases, one good and one bad. Thanks Rachel.
The Daily Camera asks this in a poll. The answer is:
Yes 82% 305 votes
No 17% 65 votes
370 total votes
Hey, I would probably vote for Hillary over Obama. Still, the arrogance, sense of entitlement and desperation that comes from the Hillary camp is nothing short of pathetic.
Read the latest from a stop in Billings, Montana Tuesday night.
Great find Darren. McCain scares me, but once again we have the “lesser of two evils”.
Powerline takes on the Lieberman-Warner cap-and-trade climate control bill. This interesting statistic from the EPA…
The EPA estimates that by 2030 it will reduce GDP by 0.9% to 3.8%, and that is based on assumptions that appear hopelessly optimistic. Even the EPA’s assumptions contemplate an additional increase of 44% in the cost of electricity over what would occur without Lieberman-Warner.
Wait until that gets factored into the date the social security trustfund goes “broke”, currently projected as 2041.
Not to mention the most obvious conclusion…
The idea that American voters can change the Earth’s climate is folly. The danger that voters could choose to cripple our economy is, however, very real.
Boulder police parking on the sidewalk, blocking the bike path to catch a few folks on Broadway turning right onto Baseline when the light is red. Thanks to commentor “liderman” for posting the picture.
