The Kensington Review

9 January 2006

Latest Commentary: Volume V, Number 4
Congressman DeLay Gives up Majority Leader’s Job -- Indicted Congressman Tom DeLay (R-TX) surrendered his position as House Majority Leader over the week-end. Despite his earlier defiant attitude, his vow of “I shall return” ringing through the halls of the Capitol, he seemed to see that the jig was up. With lobbyist Jack Abramoff pleading guilty to several felonies and agreeing to sing for the Feds, the “Hammer,” as Mr. DeLay is known by those who love and hate him, effectively acknowledged that there is some fire with all this smoke.

Charles Kennedy Quits as Head of Britain’s Liberal Democrats -- Charles Kennedy is member of parliament in the UK, and unlike Tom DeLay, he is liked by most of his colleagues regardless of party affiliation. Last spring, he led the Liberal Democrats to their best general election result since 1923, with 22% of the vote and 62 seats. He resigned over the week-end after confirming that he had a drinking problem and after several members of his own leadership withdrew their support.

IBM Drops Pension Plan, Offers 401(k) -- IBM used to be the gold standard in computing. “No one ever got fired for buying IBM,” according to the old adage. Part of that value came from its in-house talent. IBM will have less of that talent locked into a long-term relationship now that it has decided to freeze its pension program and offer in its place a 401(k) plan to its employees.

Clyde Beats Celtic in Scottish Cup David and Goliath Match -- The English FA Cup is the oldest knockout tournament in soccer, and its Scottish cousin has a pedigree almost as impressive. As in England, every soccer team in Scotland regardless of its standing in the tables, regardless of whether it is top flight or third division is eligible. For the big guys, it’s a break from the regular season. For the smaller clubs, it’s a chance to earn some extra money along with a little respect. This week-end, though, David slew Goliath as mighty Glasgow Celtic came away losers to Clyde 2-1.

© Copyright 2006 by The Kensington Review, Jeff Myhre, PhD, Editor. No part of this publication may be reproduced without written consent. Produced using Fedora Linux.


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