The Kensington Review

25 February 2008

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Latest Commentary: Volume VII, Number 24
Congressman Renzi Indicted -- Congressman Rick Renzi (R-AZ) was indicted on Friday on 35 counts. The charges include conspiracy, money laundering, extortion, insurance and wire fraud. Although the FBI raided his wife’s business earlier this year, he admits to no wrongdoing. He isn’t seeking re-election, but his case could weigh on the GOP’s electoral changes as it deepens the party’s current sleazy image.

Moqtada al-Sadr Extends Ceasefire -- Some of the best possible news came out of Iraq-Nam on Friday. Hojatoleslam Moqtada al-Sadr extended the ceasefire that his Madhi Army has been observing for the last six months. He has ordered his militia to keep their weapons holstered for another six months.

Supreme Court Approves Individual 401(k) Suits -- The United States Supreme Court unanimously voted to allow individuals with 401(k) retirement accounts to sue under the Employee Retirement Income Security Act for certain losses. The issue at hand was language in the law that referred to recovering money for the “plan” rather than the account holder. Interestingly, the Bush administration was on the side of the employee on this one.

Hollywood Hands out Oscars, Razzies -- With the writers’ strike over, the glitterati of Hollywood celebrated themselves with a painfully long Academy Awards ceremony last night that made one long for the speed of the Golden Globes press conference. However, on Saturday, the Golden Raspberries were handed out for the very worst that Hollywood could produce. It was a balanced week-end.

© Copyright 2008 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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