The Kensington Review

4 July 2008


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Backlog of Fraud Cases at Justice Grows -- An under-funded and over-worked Justice Department division now has a backlog of more than 900 fraud cases brought by whistle-blowers that could take 10 years to clear up. The victim is the US taxpayer, and the alleged perpetrators are contractors involved in the wars in Afghanistan and Iraq-Nam, health-care, and privatized government functions. Each year 300-400 civil cases are filed, and Justice rejects about 75% as having little merit. That still leaves 100 cases or so a year.

Colombia Tricks FARC into Releasing Hostages -- The Colombian government dealt the drug dealing gangsters of the Fuerzas Armadas Revolucionarias de Colombia [FARC] a big blow yesterday when it tricked the alleged revolutionaries into handing over some high profile captives. Not a shot was fired in the rescue of Colombian politician Ingrid Betancourt, three American contractors and 11 members of the Colombian security forces. This is proof positive that guile beats force every time. And the rebels are now well and truly FARCed.

Marks & Spencer Stock Falls by a Quarter -- British high street retailer Marks & Spencer isn’t having a very good time of things. The sparks that ignited the fire sale were comments from the Chairman and CEO, Sir Stuart Rose. He said that the economic troubles in Britain are “more of a two-year problem than a two-month one.” With like-for-like sales off 5.3% in the last 3 months, M&S stock was over-valued. Still Sir Stuart maintains, “Four years ago, M&S was a weak business in a strong market. Today, we are a strong business in a weak market.”

Danes are Happiest People, Zimbabweans Least Happy -- Walt Disney dubbed Disneyland the Happiest Place on Earth, but with gas approaching $5 a gallon, driving to Anaheim is expensive, making the freeway a trail of tears. According to the World Values Survey directed by University of Michigan’s Professor Ronald Inglehart, Denmark is the happiest country in the world. It comes as no surprise here that Zimbabwe is the least happy place. Overall, the world is becoming happier and has been since 1981, when the survey began.

© 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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