The Kensington Review

29 September 2008


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Latest Commentary: Volume VII, Number 116
Pastors Flout IRS Code with Political Sermons -- Yesterday, 33 pastors who are part of the Alliance Defense Fund, a socially conservative legal consortium based in Arizona, gave deliberately and overtly political sermons. Their objective is to force a court case to overturn the part of the IRS code that says nonprofit, tax-exempt entities may not “participate in, or intervene in . . . any political campaign on behalf of any candidate for public office.” For once, the IRS wears the white hat of the hero.

Pirates Take Ukrainian Ship Carrying Tanks -- Somali pirates have captured the MV Faina, a Ukrainian cargo vessel carrying 33 Soviet-type T-72 tanks and ammunition. Warships, including the US guided missile destroyer Howard, have the ship surrounded. The world community needs to sink the ship or take it back, without paying off the pirates.

Citigroup Buys Wachovia -- While Congress started debate on the financial bail out legislation, Citigroup announced that it was buying Wachovia for $2.2 billion in an all stock deal. The Federal Deposit Insurance Corporation said Wachovia hadn’t failed, but it was just a matter of time. Treasury Secretary Henry Paulson said, “A failure of Wachovia would have posed a systemic risk.”

Newman Was Class Act -- Friday, Paul Newman died at the age of 83 after losing a fight with cancer. He left behind a body of work that would make any actor one of his culture’s greatest. Robert Redford said, “I have lost a real friend. My life -- and this country -- is better for his being in it.” Perhaps that is the greatest epitaph to which one could aspire.

© 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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