Boulder is a Stoopid Place

(click chart to enlarge)

Doesn’t look good for the airline stocks(red trace, duh that would be the GREEN trace, corrected 5/18/08). As the price of oil goes, the airlines do the inverse. As Jeff Macke say on CNBC’s Fast Money, if the market’s open it’s a good day to sell airline stocks.

USO is the oil ETF, here’s the description from Yahoo…

The investment seeks to reflect the performance, less expenses, of the spot price of West Texas Intermediate (WTI) light, sweet crude oil. The fund will invest in futures contracts for WTI light, sweet crude oil, other types of crude oil, heating oil, gasoline, natural gas and other petroleum based-fuels that are traded on exchanges. It may also invest in other oil interests such as cash-settled options on oil futures contracts, forward contracts for oil, and OTC transactions that are based on the price of oil. The fund is nondiversified.

Chart from TC2000.

Tony Snow joins CNN!

Danica Patrick wins Indy Japan 300!

Congratulations.

One of Instapundit’s past girlfriends describes her recent adventure getting hair spray in the Palestinian section of Jerusalem.

When we arrived in Jerusalem, we were staying at the Ambassador Hotel in the Palestinian section. I ran out of hairspray, so I went down to the front desk to inquire as to where I might find a pharmacy. They gave us directions, and Steve and I walked about a mile. We found the pharmacy closed, but there was a Beauty Salon right next door, so we went in. Eight women leaped up and started yelling that “lalalalalala” sound, and screaming that Steve couldn’t be in there! They were Muslim women, with their headcoverings off because they were having their hair done. Poor Steve RAN out into the street, and the women invited me for coffee and sold me a can of the best hairspray I’ve ever used. It was one of the high points of my trip, but not one of Steve’s.

Imagine that!

Oh, then there’s the other story of the Arab world supporting Obama and the Israeli’s supporting McCain.

4That’s what the “judge” says of J. K. Rowling’s Harry Potter series of books. He’s is being asked to prevent the publication of “The Harry Potter Lexicon” by Steven Vander Ark. Here’s what the judge had to say about the first Harry Potter book…

District Judge Robert Patterson Jr said that he had read the first half of the first Harry Potter novel to his grandchildren, but found the “magical world hard to follow, filled with strange names and words that would be gibberish in any other context.

which implies he might find Vander Ark’s book useful…

I found it extremely complex,” he said, suggesting that a reference guide might be useful.

Now I have no idea if Vander Ark’s book is of any use, or a work of plagerism, etc. In fact, I don’t particularly care about the final outcome of the lawsuit. Still, I find myself wondering why a judge with such obvious bias didn’t recuse himself.

Instapundit speculates, optimistically in my opinion:

Is this a lesson for the U.S. candidates?

I agree with the Powerline guys…

From weather.com…

I was at Walmart today and noticed once again that with most gillette razor blades, buying two 4 packs of blades was cheaper than buying one 8 pack. I investigated this a number of years ago and noticed it was not a Walmart issue as the pricing anomally existed in Target stores as well.

Report: Tom Cruise Concerned About Posh Spice’s Influence on Katie Holmes

What world do these idiots live in?

Walter Williams writes about the spending authority of our nations government as outlined in the Constitution.

At one time there were presidents who respected the Constitution. Grover Cleveland vetoed hundreds of spending measures during his two-term presidency, often saying, “I can find no warrant for such an appropriation in the Constitution.” Then there was Franklin Pierce who said, after vetoing an appropriation to assist the mentally ill, “I cannot find any authority in the Constitution for public charity,” adding, “To approve such spending would be contrary to the letter and the spirit of the Constitution and subversive to the whole theory upon which the Union of these States is founded.”