The Kensington Review

30 December 2005

Latest Commentary: Volume IV, Number 156
Heimatschutzministerium Has Significant Management Problems -- The Department of Homeland Security (Heimatschutzministerium in the original) does regular internal audits, just like most organizations aspiring to professionalism. According to the latest audit, the body charged with keeping Americans safe at home is in some trouble. A betting man might take Al Qaeda and the Hurricanes and give the points.

Andrei Illarionov Resigns Saying Russia is No Longer Free -- Andrei Nikolaevich Illarionov is one of Russia’s economic bright lights. He got his PhD in economics (Marxist) in 1987 from Leningrad State University. Following a teaching and research period that lasted until 1993, Dr. Illarionov was the head of the Analysis and Planning Group of the Chairman of the Council of Ministers and the Government of the Russian Federation until 1994. He was director of the Institute of Economic Analysis from 1994 to 2000. President Vladimir Putin (former officer in the KGB) thought so highly of him that he appointed Dr. Illarionov his senior economic advisor in 2000. He quit this week, saying Russia was no longer a free country.

HealthSouth Countersues against Scrushy's "Pillage" -- Yiddish has a word which American English desperately needs – “chutzpah.” Inevitably, it is defined by the story of the man who is charged with the murder of his parents, and he throws himself on the mercy of the court on the grounds that he is an orphan. In British English, “cheek” covers it nicely. That is the quality exhibited by HealthSouth’s ousted CEO Richard Scrushy and his $100 million claim against the company he almost destroyed. The company announced recenbtly it was countersuing, claiming the former CEO was trying to "pillage" the firm.

Most Predictions for 2005 Were Right -- In its brief life, this journal has adopted a custom of making annual predictions around New Year’s Day for the coming year. With 2005 all but ended, it appears that nine of the 11 predictions made a year ago came true, while two didn’t. A record like that on Wall Street or in Las Vegas makes one a millionaire. Here, it is even better; it gives one a feeling of smugness.

© 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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