Week in Review

Quote of the week

” In public, bin Laden is the pious, self-proclaimed vanguard of a violent Islamic uprising. Alone in his compound, he’s beating it like it owes him cash.”  – Spencer Ackerman

Indiana Suprerme Court issues death warrant for Fourth Amendment

by Dan Miller

“In Barnes v. State of Indiana, the Indiana Supreme Court held on May 12th `that there is no right to reasonably resist unlawful entry by police officers. (emphasis added)’ However, the facts of the case as recited in the decision show that this holding went far beyond those facts to intrude, absurdly, into Fourth Amendment jurisprudence.” more…

Bitcoin P2P Currency: The Most Dangerous Project We’ve Ever Seen

by Jason Calacanis and the LAUNCH team

“A month ago I heard folks talking online about a virtual currency called bitcoin that is untraceable and un-hackable. Folks were using it to buy and sell drugs online, support content they liked and worst of all — gasp! — play poker.

“Bitcoin is a P2P currency that could topple governments, destabilize economies and create uncontrollable global bazaars for contraband.” more…   [Here’s a technical paper about the BitCoin technology.]

This Too Shall Pass. So Will This, This, This, This, and This Too

by Simon Black

“Take a moment and conduct a mini thought experiment. Imagine that you’re from the future many hundreds of years from now, researching what life was like in the early 21st century. You pull up an archive of newspaper headlines from the year 2011 and read the following:” more…

Regulars

Other Stuff

And now the numbers…

DOW Jones Industrials – 12,512.04 (-83.71/-0.66%)
S&P 500 – 1,333.27 (-4.50/-0.34%)
VIX – 17.43 (+0.36/2.11%)
CSI 300 (China) – 3,121.596 (-6.497/-0.21%)
BSE 500 (India) – 7,101.35 (-104.48/-1.45%)
MICEX (Russia) – 1,603.97 (-28.26/-1.73%)
BOVESPA (Brazil) – 62,596.52 (-638.781/-1.01%)
Nikkei 225 (Japan) – 9,607.08 (-41.69/-0.43%)
RICI (Commodities) – 4,077.50 (+64.37/1.60%)
Oil/bbl (Brent) – 112.39 (-1.44/-1.27%)
Corn/bu – 759.50 (+77.50/11.36%)
Wheat/bu (CBT) – 806.50 (+78.75/10.82%)
Rough Rice (CBOT) – 15.10 (+1.115/7.97%)
Copper/lb – 412.15 (+13.80/3.46%)
Gold/oz – 1,508.90 (+15.30/1.02%)
Silver/oz – 35.087 (+0.074/0.21%)
EUR-USD – 1.413 (+0.0011/0.08%)
USD-JPY – 81.7795 (+0.9845/1.22%)
USD-BRL – 1.6228 (-0.0135/-0.83%)
USD-HKD – 7.7737 (+0.0009/0.01%)
NZD-USD – 0.7941 (+0.0067/0.85%)
3 Month Treasury – 0.04 (+0.02/100.00%)
2 Year Treasury – 0.51 (-0.02/-3.77%)
10 Year Treasury – 3.15 (-0.02/-0.63%)
30 Year Treasury – 4.30 (-0.01/-0.23%)
3 Month LIBOR – 0.26 (UNCHG)
U.S. Public Debt (official) – 14,345,510,847,235.30 (+37,711,505,671.50/0.26%)
Baltic Dry Index (BDIY:IND) – 1,349.00 (+43.00/3.29%)

Well, it’s Sunday afternoon. It’s been quite the weekend. Got the garden planted, got the beginnings of a training dummy going in the back yard. I’ll have more to say about the training dummy when it’s finished, probably a hole post with pictures. It’s going to be pretty cool, and finally I’ll have a place for a bag to hit.

The garden is looking good: yellow squash, rosemary, thyme, basil, tomatoes, dill, chives, garlic, green beans, parsley, poblanos, jalapenos, and green onions. It’s actually pretty cool, the parsley came back from last year and we’ve got a ton of it already! I’m looking forward to the poblanos, they make good rellenos.

Meanwhile, Wonderful Wife is doing pretty good, as is Baby Girl. She is loving the warm weather! As we all are I suppose.

Otherwise not too much else to tell. With all due luck I’ll be back on schedule next week. We shall see! Have a great week!

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