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Dear Editor:I like Cafe Hayek because Boudreaux writes all the angry letters to the editor that my mild OCD really makes me want to write.
Harold Meyerson repeats the canard that "globalization entails [a] downward leveling" of economic well-being ("Tipping Point for Trade," November 11).
This belief is crushed by mountains of evidence. It's crushed also by its own illogic: if ordinary people are served by being "protected" from globalization, then they can be made even better off by being protected from countryization - and better off still by being protected from townization and neighborhoodization. Protectionist quackery implies that we achieve maximum prosperity when no one consumes anything produced by anyone else.
Sincerely,
Donald J. Boudreaux
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Prosecutors have charged a man with murdering actress Adrienne Shelly, who was found hanging from a shower rod in her West Village office last Wednesday, CBS 2 News has learned. Sources tell CBS 2’s Ti-Hua Chang a construction worker has allegedly confessed to the crime.New York Times obituary. MeFi discussion.
Police have charged 19-year-old Diego Pillco, of the 300-block of Prospect Avenue in Brooklyn, with second degree murder.
Sources tell CBS 2’s Ti-Hua Chang that Pillco, a construction worker, apparently confessed to the crime.
Pillco was expected to be arraigned Tuesday on the second-degree murder charge, a spokeswoman for the Manhattan district attorney's office said.
Pillco allegedly punched the 5-foot-2 actress after she complained about the noise he was making in the West Village apartment building where her office is located, killing her.
He then allegedly admitted to dragging the body up to her office, and positioning her in the shower to make her death look like a suicide.
The medical examiner's office had not yet ruled whether the death of the petite actress best known for her roles in the Hal Hartley films "Trust" and "The Unbelievable Truth" was a homicide or a suicide.
Police had been hesitant to label the case a suicide after no suicide note was found and sneaker prints that didn't match Shelly's shoes were found in the bathtub.
Shelly, whose birth name was Adrienne Levine, was found by her husband, Andy Ostroy, Wednesday evening hanging from a shower rod in the bathtub of a Greenwich Village apartment which she uses as her office.
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| October 2006 | 2006 YTD | Last 12 months | Annualized rate, life of portfolio |
|
| Ted Portfolio | 4.2% | 13.6% | 15.6% | 14.6% |
| S&P 500 | 3.3% | 12.1% | 16.3% | 12.8% |
| Mortgage (cost of capital) |
0.4% | 4.4% | 5.3% |
Beat the S&P for the third month in a row.
New investments: Select-Comfort (SCSS) @ $20.70.
Sold: ATHR @ $20.50; Wal-Mart $45 call (WWTAI) @ $7.00
Quick flip: out and in of OSTK in response to a one-day move for a short-term profit
I need to have more faith in my choices. I sold my Wal-Mart call at a 17% profit in response to a stop-loss, but it popped up to $9 and is $7.80 now. The MO call I sold for a small profit went up another 30%: I really should have waited for the stay order I predicted to be issued. Between the two mistakes, I missed out on another 2% gain.