| Latest Commentary: | Volume VI, Number 127 |
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Bobby Jindal Wins Louisiana’s Governor Race -- The Republican Party finally got some good news over the week-end. Congressman Bobby Jindal (R-LA) won the Louisiana gubernatorial primary with more than half the vote. That means there’s no run-off in November, and he’s officially Governor-elect at age 36.
Poles Throw out Prime Minister Kaczynski -- Poland voted yesterday to get rid of the Law and Justice Party of Jaroslaw Kaczynski. His twin brother Lech remains as president until 2010 when his term expires. The new PM is Donald Tusk, whose Civic Platform is on course for around 208 of the 460 seats in the Sejm. The Polish Peasants’ Party should pick up three dozen or so and form a coalition with Mr. Tusk. Poland will be a little less polarized as a result. Bear Stearns Teams up with China’s CITIC -- Bear Stearns has joined hands with China’s CITIC. The two are going to buy about $1 billion of one another’s convertible debt, and upon conversion, CITIC will own about 6% of Bear while Bear will own about 2% of CITIC. Some are disappointed that Bear didn’t get a big equity investor, but CITIC does provide Bear with access to China, where it hasn’t had much of a presence until now. The deal still has to get done, though. Colbert Runs for President -- Stephen Colbert is running for president and has thrown his hat into the ring in South Carolina. He’s running both as a Democrat and a Republican. His ambition is not to be president but rather to run for president. It’s troubling when a comedian gets involved in politics as a joke, and the media can’t help but treat him seriously. © 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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