The Kensington Review

14 December 2007

Latest Commentary: Volume VI, Number 149
Citizens Can Now Track the Government’s Spending -- The Office of Management and Budget and its arch-enemy OBM Watch, one of the budget office's harshest nonprofit critics, have demonstrated that bipartisanship works. Under legal mandate from a law sponsored by conservative Senator Tom Coburn and his counterpart on the left Senator Barrack Obama, OMB has adopted much of OBM Watch’s software and experience to create a searchable online database, three weeks ahead of the law’s deadline. could be the most useful protection of democratic freedoms created in years.

ZANU-PF Endorses Mugabe for 2008 Presidential Bid -- The thousands of delegates of the ruling Zimbabwe African National Union Patriotic Front (ZANU-PF) who assembled in Harare, Zimbabwe, didn’t even bother to vote on President Robert Mugabe’s bid for re-election. The president won by acclamation. ZANU-PF seems determined to kill Zimbabwe.

Major Central Banks Step in Over Credit Crunch -- The Federal Reserve, the European Central Bank, the Bank of England, the Bank of Canada and the Swiss National Bank announced on Wednesday that they would coordinate their efforts to fight the current credit crunch. These efforts include a new credit auction from the Fed, some currency swaps, and loosening collateral rules for commercial banks. Even as they made their announcement, the SNB's Thomas Jordan said, “Central banks can not compensate for this lack of confidence simply by injecting additional liquidity.”

Mitchell Report Exposes 85 Major Leaguers as Steroid Users -- George Mitchell, former senator, former prosecutor, former diplomat, delivered his 400-page report on his investigation into steroid use in Major League Baseball yesterday. There are big names and guys who barely made the majors. Every team was affected. Senator Mitchell said, “The response by baseball was slow to develop and was initially ineffective,” and it was. The Hall of Shame’s members and their 2007 teams are:

© 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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