The Kensington Review

4 September 2006

Latest Commentary: Volume V, Number 105
US Diplomacy Makes Progress in Iraq -- This journal has maintained that the Bush administration has bungled the Iraq situation so badly as to make Mr. Bush the leading candidate for the title of "worst president in American history." So when something goes right, one has an obligation to the truth to point it out. Former Secretary of State James A. Baker III has been to Baghdad and has talked with leaders of the Sunni community. That doesnít seem like much, but force hasnít worked, so maybe negotiations can.

Donors Find $940 Million for Lebanon, $500 for Palestine -- The international community met last week in Stockholm and pledged $940 million in aid for Lebanon and $500 for the Palestinians. The UN had set targets of $500 million and $330 million respectively. Now, the donors just have to pay up. If they satisfy their pledges in full, the political issues wonít go away, but they have literally bought some time to address these problems, not that anyone will.

Airfix Models May be Permanently Unglued -- One of the things kids did a few decades ago that they donít seem to do now is build models. Plastic airplanes stuck together (with a glue that one wasnít supposed to inhale) donít hang from bedroom ceilings as they used to do. As a result Airfix, a British model company owned by Humbrol (now in receivership), finds itself at the edge of oblivion. Computer games and the internet appear to have done in the hobby and Airfixís revenues.

Garfinkle Says It All in American Dream vs. Gospel of Wealth -- Norton Garfinkle may have written the most important book on American economic policy of the decade. His newly published The American Dream vs. Gospel of Wealth: The Fight for a Productive Middle-Class Economy says what most Americans feel in their bones but cannot articulate. Specifically, he traces US economic history since de Tocqueville and Lincoln illustrating that there are two dominant visions of American economic life and then shows, using economic data rather than curves drawn on napkins, that one is superior to the other. Best of all, he does it in 200 pages accessible to non-economists.

© 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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