The Kensington Review

7 November 2007

Latest Commentary: Volume VI, Number 134
Frank Gets GOP Support for Mortgage Reform Bill -- Bipartisanship means both political parties working together to achieve a result from which the entire nation can benefit. It is a rare bird, almost never seen under the Busheviks. However, Congressman Barney Frank (D-MA), who chairs the House Financial Services Committee, and two of his GOP colleagues, ranking member Spencer Bachus of Alabama and Judy Biggert of Illinois, have found common ground on a mortgage reform bill. There might just be hope for Congress after all.

Queen’s Speech Shows Brown is New Labour -- Her Majesty Queen Elizabeth II made the traditional Queen’s Speech to Parliament yesterday, in which she laid out what Prime Minister Gordon Brown wants to achieve in the coming session. Acting Leader of the Liberal Democrats Vince Cable said the proposals have “no vision,” and he added, “Across wide swathes of policy his approach is indistinguishable from the Tories.” Well, mate, that’s New Labour for ye’, innit?

Financial Big Shots Say US Has More Subprime Pain Ahead -- The US subprime mortgage mess hasn’t ended. So say Former Fed Chairman Alan Greenspan, Governor of the Bank of England Mervyn King and rich guy George Soros. What is disconcerting is that they were not at a conference agreeing in a panel discussion but made their statements independently of one another. That’s a bad consensus for the US economy.

Sports Records Need No Asterisk -- The asterisk is one of those cute little bits of punctuation that writers use on occasion when they are too lazy to properly footnote but when their lawyer insists that something be done to avoid a lawsuit. In sports, though, it has become a tedious device to suggest that some great achievement is, in fact, not all that impressive. Roger Maris’ single season home run record started it off, Barry Bonds’ lifetime home run record may or may not suffer the same fate, and now, Don Shula, coach of the only ever undefeated team (Miami 1972) in NFL history, says New Englands Patriots should have an asterisk by their record if they go undefeated. What nonsense.

© 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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