The Kensington Review

23 June 2006

Latest Commentary: Volume V, Number 74
Senate Votes Down Minimum Wage Increase -- The Democrats in the Senate tried to get an amendment to a defense authorization bill that would have incrementally boosted the minimum wage 40%, from $5.15 an hour to $7.25 by January 1, 2009. There hasnít been an increase since 1997. While the measure had 52 votes in its favor out of 100, 60 votes were needed to end debate and get a proper up and down vote. Nonetheless, the Democrats have begun to learn the Republican trick of getting their opponents' votes down on the record. Then, hang them with their record in November.

Afghanistanís President Slams Western War Strategy -- Hamid Karzai, the president of Afghanistan, demanded that the western powers with troops in his country reassess their approach to fighting the war in Afghanistan. The ingrate went so far as to say too many Afghanis were dying. Someone needs to explain to him that he is a puppet before he receives the Allende treatment and winds up dead.

Merck to Slash Zocor Price -- Merck & Co., one of the biggest drug makers, has a cholesterol problem. Its world-class statin, Zocor, came off-patent at midnight last night. That means generic versions of the drug (chemically the same and tested safe) can compete now, and three are expected to hit the market today. Generics usually sell for 30-50% less than the brand name drug. Merck decided to slash the price under insurance plans, making it effectively cheaper than the generics.

US Out of World Cup on Bad Performance -- Yesterday, the US soccer team proved that they are over-hyped and that they consistently under-perform. Coach Bruce Arena had a thousand and one reasons why the Americans arenít in the final 16 of this tournament. Not one of his excuses makes up for the fact that Brazilís Ronaldo in one game outscored Team USA in their three games of the first round.

© 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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