The Kensington Review

5 April 2006

Latest Commentary: Volume V, Number 41
DeLay's Resigning to Spite the Dems -- Congressman Tom DeLay (R-TX) is nothing if not politically shrewd. He may be morally bankrupt and possibly a convict someday, but few understand the game of American electoral politics as well as he does. He announced he was quitting yesterday to prevent the Democrats from “stealing” his seat. As Malcolm said in Shakespeare’s Scottish Play, “Nothing in his life became him like the leaving it,” his political life, that is.

American Ambassador Refuses to Pay London Congestion Fee -- The American ambassador to the Court of St. James, that is the UK, is currently a car sales man and buddy of President George “LBJ” Bush named Robert Tuttle. Since arriving in London, Mr. Tuttle has decided that the US embassy will no longer pay the London congestion fee that has slashed traffic in the central part of London. The Yanks say it’s a tax, and as diplomats they don’t have to pay it. The Brits argue it’s a fee like paying a taxi fare. What of the special relationship?

Chinese Official Spooks Currency Market over US Bond Comment -- Chinese investors, and that includes the Communist regime in Beijing, hold huge amounts of US government bonds. The Chinese willingness to subsidize America’s spendthrift government runs to the hundreds of billions. However, these bonds are assets of declining value long-term. Cheng Siwei, a vice chief of China’s National People’s Congress, cut half a cent off the value of the dollar with a simple sentence. That is the kind of power a creditor nation has.

Florida Beats UCLA in NCAA Finals -- The NCAA tournament this year seems a stronger brew than in years past. The Cinderella story of George Mason University ran to the last week-end. Glen “Big Baby” Davis and LSU carried the banner of New Orleans and the rest of Louisiana, which could do with reason to cheer. Duke and a few other favorites left early. UCLA was back just like when Coach Wooden ran the show. In the end, however, it was Florida and the kid with the bad hair that won it all.

© 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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