The Kensington Review

12 August 2005

Latest Commentary: Volume IV, Number 96
Bush Signs Pork-Laden Transportation Bill -- After 22 months of arguing, cajoling and threatening, President Bush signed the $286.5 million Transportation Bill, of which about $24 billion is pure pork. Dieticians would say that a diet of 9% marks a huge improvement on the average American’s diet, but the country shouldn’t swallow this. It’s spending without a strategy, and both parties stand guilty of fiscal irresponsibility.

UK to Deport 10 Fascislamists, Including Bin Laden Fan Abu Qatada -- The British Home Secretary, Charles Clarke, has used the power of his office as bestowed by Act of Parliament to detain 10 non-Brits whose presence in the UK is “not conducive to the public good.” The Home Office is one of the remaining bastions of understatement. Jordanian national Abu Qatada, who has been accused by Spanish prosecutors of being an inspiration for those who launched the September 11, 2001 attacks on the United States, is one of the 10.

SEC Plans for Collapse of Big Four Accounting Firm -- Once upon a time, in an America where the national debt was less than $1 trillion, Democrats controlled both ends of Pennsylvania Avenue and there were no ice hockey teams in Florida or Arizona, there were eight big accounting companies. The Big 8, as they were known, have been halved, and the Big 4 now audit 78% of America’s publicly held companies’ books. It’s an oligopoly, and the Securities and Exchange Commission is looking into what might happen if one of them fails. It is a problem with no obvious solution.

Monastery Runs Out of Beer -- The brothers at Saint Sixtus of Westvleteren in western Belgium have just taught the world a beautiful lesson, but one wonders if less enlightened spirits are able to learn it, let alone live it. It seems this rather small body of men, 30 Cistercian and Trappist monks, brew the best beer on planet Earth -- Westvleteren 12. When it got that rating from the RateBeer website, sales shot through the roof. Now, there is no more beer to be had, but are the brothers going to boost production? No, they closed the shop.

© 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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