The Kensington Review

11 February 2005

Latest Commentary:

FAA Received 52 Bin Laden, Al Qaeda Warnings Before Attack -- The committee-written best-seller, known colloquially as the 9/11 Commission Report turns out to have an interesting sequel. A classified report with a declassified version turned up at the National Archives two weeks ago, according to the New York Times, which is trying to get back into the business of scooping other news sources. It’s front page yesterday, relying on the declassified version of the sequel, ran the headline “9/11 Report Cites Many Warnings About Hijackings.” The FAA appears to have been more interested in keeping airlines financially afloat than keeping the skies safe.

North Korea Admits to Nukes, Iran Won’t Give Up Trying -- Two-thirds of the “axis of evil” have made it known that they are going to rely on nuclear weapons for their protection. In the bad old days of the Cold War, Moscow and Washington held the populations of the US and USSR hostage through the guarantee of “Mutually Assured Destruction,” meaning any attack would result in a nuclear exchange that would wipe both off the map (and probably take all the human race with it). Any poker player knows that bluffs can work, and for 50 years, the MAD deterrence kept The Bomb from going off. The regimes of North Korea and Iran this week made it clear that they will rely on the same principle to stay in power.

HP Sacks CEO Fiorina -- When the performance of a worker is inadequate, management fires him. When a manager screws up, the company “lets him go.” When a CEO blows it, her “resignation is accepted.” Why the change in sex of the pronoun? The CEO who blew it was Carly Fiorina, former the only woman to run a Dow Jones Industrial component (Hewlett-Packard), and now, an out-of-work executive. The $21 million exit package including stock options may help cushion the blow, but she got fired for not delivering.

Brits Riot at IKEA Opening -- The British tradition of rioting goes back centuries, at very least to Wat Tyler’s rebellion in 1381. More recently, the nation’s soccer fans have gained a reputation for violence that is deserved only by a microscopic fraction of the whole – but those few are a nasty, brutish lot. What one didn’t expect was a riot at an early morning opening at an IKEA furniture store in north London. Yet, this chaos is almost a textbook case of why riots begin.

© Copyright 2005 by The Kensington Review , J. Myhre, Editor. No part of this publication may be reproduced without written consent.

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