| The Kensington Review |
25 January 2006 |
| Latest Commentary: | Volume V, Number 11 |
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Medicare Changes Show Lobbyist Influence with GOP -- The Congressional Budget Office is one of the few non-partisan bodies in Washington. So, when it says the GOP has changed its own legislation on Medicare to benefit insurers to the tune of $22 billion, one ought to consider the statement seriously. Behind closed doors and without a Democrat in the room, cuts to insurers of $26 billion turned into a reduction in payments of $4 billion. While it may be perfectly reasonable, any deals struck in the dead of night among members of a single party simply looks corrupt.
Canadians Choose a Minority Conservative Government -- After 12 years, Canada has decided it has had enough of the Liberal Party. However, it hasn’t entirely embraced the Conservatives. And so the result of Monday’s election reflects that – the Conservatives have the most seats, but the electorate left them short of a majority. That’s democracy; when the people are unsure, the parliament gets fragmented. Disney Buys Pixar for $7.4 Billion -- The House of Mouse has decided that its partner in animation, Pixar, is worth $7.4 billion. Yesterday, the board of Disney heard “yes” in reply to its all-stock offer for Pixar from the latter’s board. Not a bad return for Steve Jobs, who bought Pixar from Lucasfilm back in 1986 for $10 million. And Disney secures the services of a partner whose products often eclipsed its own. Kobe Scores 81 against Toronto -- The post-Jordan era of the NBA is a rather dull epoch, with weak offensive results and too much money in the hands of players with a new line of clothing. Kobe Bryant may have sparked something in these basketball doldrums with 81 points in a single game against the Toronto Raptors on Sunday. That’s second to Wilt Chamberlain’s 100 points in 1962, but it is astonishing nevertheless. © 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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