OK, maybe it hasn’t really crashed yet. But the two day, 3 ½ point sell off in the futures for the 30 year Treasury bond TBT, at the end of last week was the sharpest drop in 18 months. Winston Churchill’s great 1942 quote, which marked the turning of the tide for Britain in WWII, comes to mind. “This is not the end. It is not even the beginning of the end. But it is, perhaps, the end of the beginning.”
Daily Archives: August 29, 2010
The latest sales figures for the quarter to June showed 9m sold – the lowest quarterly number since 2006. In short, the iPod, launched in October 2001, looks to be in terminal decline. While Apple is unworried – sales of its iPhone and iPad are booming – the drooping figures for the digital music player market are a concern for another sector: the music companies.
Would you hire a plumber who didn’t know water went downhill?
Ironically, as the scientists reported in the May issue of Psychological Science, wearing counterfeit glasses not only fails to bolster our ego and self-image the way we hope, it actually undermines our internal sense of authenticity. “Faking it” makes us feel like phonies and cheaters on the inside, and this alienated, counterfeit “self” leads to cheating and cynicism in the real world.
I wouldn’t dismiss this report outright. There’s a culture of cheating in colleges that’s only gotten worse in the past two decades. Think of those fakes being out there in the world, creating havoc. If such cheaters could be publicly revealed by a supernatural sign, I think it’d explain a lot of what’s been happening in politics, in business, and especially in finance.
Taking video of police stops is becoming more common with the ubiquity of cell-phone cameras and the like, and so is the backlash from law enforcement as has been amply covered by people like Glenn Reynolds (the famous Instapundit) and Radley Balko (from Reason Magazine). From the account given, it appears this why Ms. Gibson was arrested. What makes her case unique, however, is that she was on her own front porch when the encounter took place, and that she was taken into custody on a charge of “resisting arrest.”
Those damned “loyalty” cards required for advertised sales prices are bad enough!