The Kensington Review

7 June 2006

Latest Commentary: Volume V, Number 67
GOP Retains Cunningham’s House Seat in Special Election -- With about 90% of the precincts reporting, it looks like the Republican Party has kept control of the House seat in California’s 50th Congressional District. Former lobbyist and GOP banner-waver Brian Bilbray has 56,130 votes, or 50% according to the Los Angeles Times. This is 5% ahead of local school board member Francine Busby’s 51,292 votes. The pundits will make much of this, but in reality, there are no lessons here for November.

Mogadishu Falls to Fascislamic Militia -- While the world media had their eyes on events in Baghdad, Washington and Tehran, a major development quietly passed by them. Militia forces of a Fascislamic nature captured the capital of Somalia after a three-month battle. “We won the fight against the enemy of Islam. Mogadishu is under control of its people,” Sharif Ahmed, chairman of the Islamic Courts Union, said in a radio broadcast. Rarely is that sort of thing good for the people.

Norway Cites Ethics, Dumps Stock in Wal-Mart, Freeport-McMoRan -- Norway’s Government Pension Fund, Global, invests the nation’s surplus oil wealth in foreign stocks and bonds. Yesterday, it announced that it had sold off its holdings in Wal-Mart and Freeport-McMoRan Copper & Gold, divesting itself of about $430 million in stock by the end of last year. The fund cited ethical shortcomings at both companies. They become the 18th and 19th companies banned by Global.

The Times Debuts in US -- Mike Royko, the late, great Chicago newspaper man, once said, “No self-respecting fish would be wrapped in a [Rupert] Murdoch paper.” So traumatic was Mr. Murdoch's purchase of The Times a couple decades ago, many former readers switched to the Independent, what the old paper used to be. Mr. Murdoch brought London’s Times to the US yesterday, launching a New York-printed edition, which will add to the caliber of dailies in the US if only because the Murdoch-owned New York Post is weighing the average so very far down.

© 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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