The Kensington Review

24 May 2006

Latest Commentary: Volume V, Number 61
DOJ Corruption Probe of Democrat Irks Congressional GOP -- William Jefferson is a Democratic Congressman from Louisiana, and he is currently the target of an investigation into bribery charges. The Department of Justice searched his home and found $90,000 stashed in a freezer. However, when the DOJ searched his offices on Capitol Hill Saturday night, the Republican leadership on the Hill pitched a fit. Congress may yet emerge as a co-equal branch of government.

Montenegro Votes for Independence from Serbia -- Even people with a fair understanding of European geography are hard put to find Montenegro on a map. Having been carved out of the Ottoman Empire in the sixteenth century, the country vanished in the aftermath of World War I, becoming part of Yugoslavia. When that federation went out of business, Montenegro was the last bit still stuck to Serbia. Yesterday, the President of Serbia announced acceptance of Sunday’s referendum, in which 55+% of Montenegro’s voters opted for independence. The story is just beginning.

OECD Forecasts Economic Growth Despite Oil, Commodity Prices -- The Organization for Economic Co-Operation and Development (the club for rich countries) released its twice yearly report on the world economic outlook, which its calls with a demonstrable lack of imagination, the “World Economic Outlook.” The OECD expects the economies of the 30 richest countries to grow at a rate of 3.1 per cent this year, up from 2.9 per cent in its November outlook, while leaving unchanged its 2.9 projection for 2007. At the same time, the OECD cautions that rising oil and commodity prices could undermine this growth.

Finnish Metal Act Lordi Wins Eurovision Song Contest -- The Eurovision Song Contest has been a joke since the world was young. Given the diversity of the audience (all of Europe, plus a few), it is no surprise that the lowest common denominator winds up winning. This year, a Finnish heavy metal band of mask-wearing musicians called Lordi won, and frankly, they are an improvement on the likes of Abba, Bucks Fizz and Celine Dion.

© 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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