The Kensington Review

20 June 2005

Latest Commentary:

Bush’s Sale of Medicare Prescription Plan is Pitiful -- President Bush is probably not an authority on Prussia’s Frederick the Great, but he does act on the late Emperor’s adage “L'audace, l'audace, toujours l'audace.” In selling his Medicare prescription “benefit” package in Minnesota on Friday, Mr. Bush exhibited audacity in spades. The government will pick up 95% of prescription drug costs for low-income seniors after they have shelled out more than 20% of their annual income. Mr. Bush says this is a good deal.

Iranian Election Goes to a Run-Off -- Since the Ayatollah Khomeini dragged Iran back into the 9th century of the Common Era, the definition of an Iranian moderate is one who has stopped to reload. So, it was rather amusing to see the western media pretend that Akbar Hashemi Rafsanjani was a reformer in his bid for Iran's presidency. The man served in the same role for eight years from 1989 to 1997, not exactly groovy times in Iran. The reporters' short attention span is not restricted to American elections.

Tyco Two are Found Guilty -- Former Tyco CEO Dennis Kozlowski and his CFO Mark Swartz have been found guilty of stealing over $150 million from the company they used to run. The pair could wind up in jail for 30 years – not long enough, frankly. However, their accomplice looks to be getting off scot-free. American corporate law made it easy for them to plunder their shareholders, and American corporate law hasn’t changed enough.

FIFA Rule Will Force Retirement on Soccer’s Greatest Referee -- No one likes the officials of any game. They always seem to make questionable calls that favor the other side. It’s hard enough beating world-class competition without the ref helping the opposition. So when a referee is judged the best by the players and managers, he’s achieved something. FIFA, which blunders about trying to manage world soccer, supports an Italian federation rule that will get rid of Pierluigi Collina, certainly the best ref in Italy and perhaps the best on the planet and who may have worked his final game yesterday in Bologna, Italy. The reason for his forced retirement is simple – he’s 45 years old.

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

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