The Kensington Review

Week of 5 October 2009


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This Week's Commentary: Volume VIII, Number 31
Irish Change Minds on Lisbon Treaty, Vote "Yes" --Yesterday, the Irish electorate marched down to the polls to undo what they had done in June 2008. Then, they had turned down the Lisbon Treaty that would more closely unite the countries in the European Union. One major economic meltdown later, and the Irish suddenly realized that they occupied a rather unimportant island off the coast of Europe. As one analyst put it, "having gone from the Ritz to the pits woke Ireland up." This time, they voted "Yes" with about a 2/3 majority. [October 5]

Aussie Central Bank Hikes Interest Rates -- The Australian central bank has increased that country's interest rates by 0.25% to 3.25% today. Many have taken this as a sign that the world economy is rebounding. While the world is recovering from last autumn's meltdown, Australia is a unique case. The actions of the Reserve Bank of Australia (RBA) can't be taken as indicative of anything but the situation in Australia. [October 6]

Twins Beat Tigers in One Game Baseball Playoff -- Major League Baseball has the longest season of any professional sport in North America, and quite possibly the world. For 162 games every year, baseball is in regular season mode. This year in the American League's Central Division, they needed a 163rd game to decide the champion. The Minnesota Twins and the Detroit Tigers had identical records at 86 wins and 76 losses each. So last night, they played one game for the title. It may have been one of the most exciting games ever. After 3 extra innings, the Twins came out on top. [October 7]

Obama Wins Nobel Peace Prize -- This morning, the Norwegian Nobel Committee announced that the winner of the 2009 Nobel Peace Prize was President Barack Obama. The decision was a weird one. Whoever nominated him did so ahead of the February 1 deadline, which was Mr. Obama' s 12th day in office. While he has tackled a great many things since taking the oath, there wasn't much to show for the first couple of weeks. The Obamas had barely moved into the White House, and they hadn't adopted Bo the Dog yet. Many of his detractors say he's done nothing to deserve it, while his supporters believe he will earn in ex post facto. This journal believes both sides are taking the award too seriously given some past winners. [October 9]

Copyright 2009 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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