The Kensington Review

15 December 2008


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Latest Commentary: Volume VII, Number 145
Illinois Governor Blagojevich Faces Ouster -- Governor Rod Blagojevich of Illinois found himself under arrest last week for trying to sell the senate seat from which President-Elect Obama resigned after his election. He was out of jail in a jiffy or two, and he has pretended that it's all business as usual in Illinois. That is part of the problem; however, the attempt to tarnish the next president with this scandal is likely to fail. The removal of Mr. Blagojevich is as far as this will go.

Arab Journalist Throws Shoes at Bush -- President Bush meant for his surprise trip to Iraq-Nam to be a victory lap. Instead at a press conference, journalist Muntadar al-Zaidi stood up and threw two shoes at Mr. Bush. The American president tried to down play it, saying “It's like going to a political rally and having people yell at you. It's like driving down the street and having people not gesture with all five fingers.” And that's the point.

Madoff Loses Billions in Ponzi Scheme -- Investing in a hedge fund run by a former chairman of the NASDAQ should be a safe move. Enough of the well-to-do thought so that Bernard L. Madoff found himself managing $17.1 billion for them. Actually, the correct word is mismanaging. Almost every penny is gone, the result of a Ponzi scheme of incredible size and duration.

Salvation Army Can't Rattle Tins in UK -- Charities come in all shapes, sizes and purposes. Some are more effective than others, holding down administrative costs and delivering the funds and good deeds to those in need. Few can rival the Salvation Army for efficiency and the general goodwill it has created among the people around the world whom it serves. So when its street corner carolers in Britain were told by upper management that they couldn't rattle their tin cans, the silence of the stupidity was overwhelming.

© 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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