| Latest Commentary: | Volume VI, Number 52 |
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Democratic Candidates Edwards, Richardson Split on Taxes -- The Democratic candidates for president had their first joint news conference (NOT A DEBATE) in South Carolina last week. Shortly after that, many of them addressed California Democrats in San Diego. There, a big fundamental difference between two candidates arose over taxes, and it is a vital issue. Former North Carolina Senator John Edwards said the rich may have to may more in taxes. Governor Bill Richardson of New Mexico disagreed saying he was a tax-cutter. One of the things the Democratic Party needs to decide is just how it intends to fund government in the coming generation.
Turkey Faces Constitutional Crisis over Islamist President -- Turkey tried to elect a new president over the week-end. Foreign Minister Abdullah Gul, the ruling Islamist-rooted AK party [AK] candidate, got 357 votes in parliament, which chooses the president. That was just 10 short of the 2/3 majority needed. The problem lies in Turkey’s official secularism. The army has expressed its concern over his possible election, and yesterday, roughly 1 million people marched through Istanbul’s streets in opposition to his election. The secularist Republican People’s Party [CHP] has brought a lawsuit to cancel the presidential election because there was not a quorum present in parliament for Friday’s vote. If that succeeds, a general election may result. Outsiders, as well as Turks, are appropriately concerned and confused. Delta Flies out of Bankruptcy -- Early this morning, Delta Airlines came out of bankruptcy protection as a reorganized air carrier. While in its 19-month time-out, it managed to trim $3 billion in costs. It emerges from Chapter 11 with $2.5 billion to fund operations, and it is the third largest carrier by passenger miles flown, after American and United. The question, though, is the same it faced a year and a half ago; can Delta fly profitably? Australia Wins Tedious Cricket World Cup -- Seven weeks of cricket in the West Indies should be as close to heaven as any mortal is likely to get. The Ninth International Cricket World Cup that just ended was about as far from that as one can imagine. Even the final, which Australia rightly won against a fine Sri Lankan side, was a joke. Shortened due to rain and finished in the dark, it was symbolic of a tournament that failed to live up to even the most conservative of expectations. And no one will be blamed. © Copyright 2007 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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