Tuesday, August 23, 2011

Skydiving Pug, iconic Japanese cartoon cat gets museum, and the oil market smells a rat in Libya

Odin looks like a rock star skydiving with his best buddy!

Good Morning Humboldt County!

Pull up a seat, grab of cup of Joe, and let’s go: My Pug Millie insisted I post this video of Odin the Pug (she thinks he’s hot).

Iconic Japan cartoon cat gets his own museum

He's a small, blue robot cat from the future who's been the inspiration for an animated TV series, served as Japan's cartoon cultural ambassador and is beloved around the world.   graphic

 

Libyan Rebels Take Tripoli

The Oil Market Smells A Rat Forbes

Libyan rebels, we are told this morning, have captured Col. Muammar Gaddafi’s stronghold in the Libyan capital, Tripoli.

On the news this morning, the Dow rallied 125 points and is close to 11,000 again after Friday’s late-day sell-off.

Nothing like a little regime change to take our minds off the prospect of total economic collapse this morning, eh? So far the undeclared Libyan war has cost the US alone an estimated $6.6 billion – a drop in the bucket of a $3.8 trillion annual budget. But the oil market is sniffing a rat.

With two drawn-out, unaffordable, imperial wars already under way...in addition to the three covert wars in Yemen, Somalia and Pakistan...how long’s it going to take and how expensive will it be to “wage the peace” in Libya now? Getting Libya’s 1.3 million barrels a day of light sweet crude production back online will be no small task, either.

Time to walk on down the road…

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