Outlook 2010: Is it possible to segregate Windows Live contacts and calendar?

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Just upgraded from Office 2003 Pro to Office 2010 Pro. I have 2 Hotmail accounts so conveniently added them into Outlook 2010. What I didn't expect was that I no longer have a "local" Calendar or "local" Contacts.

What I mean is, let's say I have email1@h0tmail.c0m and email2@h0tmail.c0m.

When I click on Contacts, it lets me add contacts for either email1 or email2, but I don't seem to have the ability to just have my contacts stored locally. I don't want contacts synchronized with Windows Live.

Same with Calendars. I can add dates and appointments for email1 or email2, but none that are only stored locally.

Am I losing my mind? I Googled for a solution -- nada. Thanks in advance!