Wednesday, March 18, 2009

I am the Chef in the Kitchen!

Fox News: Reports that President Obama takes responsibility for the actions of the US Government when it comes to AIG. President Obama is the new Chef in the Kitchen, this is to use the Truman quote, if you don't like the Hot Kitchen; The Oval Office; then get out. All Presidents sooner or later have to face the hot kitchen, Reagan, Clinton have come out alright, will Obama. I still argue he will lose re-election, being President cant be on the job training, you have to have some of the ability already, you cant makes speeches all the time, Obama has never run anything, its showing now in Washington D.C.

AIG Bonuses



The Times: Reports on the political anger to the AIG Bonuses. As I have stated many times in this blog, the bailouts are a bad idea, its throwing money down the toilet, now we see the result. On the other hand, breaking a lawful contract is bad, it sets a bad example, the Politicians, the Government, the Congress will just have to accept that they rushed for bailouts without thinking and if you try to tax at a 100% the bonuses of AIG you will lose in Court, it is against English Common Law and the US Supreme Court will strike the measure down.

Obama Options for Pakistan, Wider Strikes

The New York Times: Reports on the options that President Obama has when it comes to Pakistan and the Terrorists Safe heavens in the badlands of the border between Pakistan and Afghanistan. Also the heavens outside the badlands, those in Pakistan proper. One option is for wider strikes inside Pakistan proper. Obama is in the same position as LBJ over Vietnam, he has to stop the Terrorists coming over the border in to Afghanistan, at the end of the day LBJ and Nixon could not stop the Vietcong and the Army of North Vietnam coming over the border. The Obama case is different, Pakistan is an Ally of the USA, its a nuclear armed power, the problem is that Pakistan is a tinder box waiting to go off. Thus more the USA attacks in Pakistan proper the more the Government losses support, but if the USA does not take action it will lose in Afghanistan. The talks with the moderate Taliban like talks with North Vietnam will take years, thus what is the real option for Obama. It can be argued that Obama has to take a risk, he has to allow the CIA and special forces to take action in Pakistan proper, If the terrorists can be destroyed then the West, in this case the USA and UK has a chance in Afghanistan and Pakistan.

Iran and Russia - Air Defence for Iran

Yahoo! News: Reports that Russia has confirmed that it has a contract with Iran to supply it with an Air Defence missile system. If Iran gets these missiles, Israel will hit Iran before the missiles arrive in Iran. The Russian Missile system would have a negative effect on any Israeli strike on Iran. But as the report states Russia could use these missiles as a ploy to get the USA not to place its missile defence system in the Czech Republic, no missile defence, and Russia wont give Iran the missiles. On the whole a good deal, not a great deal but a deal, Iran can not be allowed to develop an Air Defence system.

2,000,000 OUT of WORK in the UK

BBC News: Reports that over two million people are out of work in the UK. And what does a Labour Government plan to do about this, make those that lose their jobs, earn their benefits, thus if your a teacher to a till worker you will be forced to clean streets, wipe away the graffiti on walls, while doing this you will it seems have to wear a uniform. It seems that the Labour Government sees those out of work as criminals that need to be punished for losing their jobs. A sad day for the Labour Party.