The Kensington Review

29 December 2006

Latest Commentary: Volume V, Number 154
Ford Joins War Critics Posthumously -- A few days after his death at 93, former US President Gerald R. Ford has joined the ranks of those opposed to the war in Iraq-Nam. In an interview given to Bob Woodward in 2005 and embargoed until Mr. Ford’s demise, the 39th president said, “Rumsfeld and Cheney and the president made a big mistake in justifying going into the war in Iraq. They put the emphasis on weapons of mass destruction. And now, I’ve never publicly said I thought they made a mistake, but I felt very strongly it was an error in how they should justify what they were going to do.”

Iran Drops US Dollar in Oil Pricing -- In response to the US and its pals on the UN Security Council slapping sanctions on Iran over its nuke program, the mullahs have decided that they will no longer use US dollars in their oil transactions. While Tehran has been diversifying away from the dollar, Monday’s decision not to use the buck at all is political rather than economic. For the US, the move signals a paradigm shift that its own poor policies have created.

Beanos Record Shop Goes Under -- Croydon jokes are to Londoners what New Jersey quips are to Manhattanites. However, Croydon had one thing to recommend it, the world’s largest second-hand record shop called Beanos. In operation since 1975, it was where one went to get the vinyl recordings no one else had, or where one went to sell off something when money got tight. Beanos announced in July that it was shutting its doors, and the Christmas sales are done. It’s just a matter of days now.

Predictions for 2006 Weren’t Very Visionary -- As 2005 ended, the Kensington Review made some predictions about this year. Having made 11 forecasts for 2005 and having got 9 right, one felt rather smug. Not so this year, as the record is a rather paltry, and indeed humbling, 6 out of 11 right.

© 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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