50 billion =60% of GM= Sick man of the West

The UK in the 70s drunk on gov money, the USA making the same mistake! At the end of the day the Obama Administration will have to give more money to General Motors or should that be Government Motors. This US Government support for a Car Manufacture distorts the industry, President Obama stated this afternoon that his Administration would not interfere in the decisions that GM would have to take in the future after it comes out of Bankruptcy, but the Obama Administration wants GM to produce cars that fits its Green polices, in the long term it might be wise to move to electric cars, but in the short term can the middle class afford electric cars or fuel efficient cars, President Obama stated the following this afternoon, " In short, our goal is to get GM back on its feet, take a hands-off approach, and get out quickly..." But the President later stated the following, " So I'm confident that the steps I'm announcing today will mark the end of an old GM, and the beginning of a new GM; a new GM that can produce the high-quality, safe, and fuel-efficient cars of tomorrow; that can lead America towards an energy independent future; and that is once more a symbol of America's success. " Thus GM is an arm of the Obama Administration, lets recall the UK in the 1970s folks, Government was a major player in Industry, the result a disaster, and millions out of work when the Governement stoped the Spending. Thus Obama is Old Labour, thus as with New Labour, the New Democrats of Bill Clinton have been thrown off the cliff by the old guard big city Liberals. This is why Obama will lose in 2012.

Long Range Missile Test for North Korea

Fox News: Reports that North Korea could launch an ICBM within the next two weeks. The Obama Administration has to do something about North Korea, if Obama is seen as weak over North Korea this could damage his Middle East Policy. As stated before this would give the green light to Iran to go down the ICBM route, they have the ICBMs already its just the nuclear part they are waiting to add, thus North Korea could sell its nuclear technology to Iran and Iran would become another member of the nuclear club. As Israel sees Iran as a threat, it could be up to Israel to take out these nuclear weapons, it should be noted that Israel is also a nuclear power, they might not use a air strike, they could targets Iran with its ICBMs. Thus North Korea is linked to Iran and to the Obama National Security Policy.

End of an Era, The Last Survivor of the Titanic Dies

The Times: Reports on the death of the last survivor of the Titanic, Millvina Dean died at 97, its 98 years since the launch of the Titanic. I have always been curious of those that survived the Titanic, what they thought of the Feature and TV films of the event and of course books. Also in most Sci - Fiction shows the Titanic turns up, Time Tunnel, Dr Who. It must have been distressing to seen Time Travel shows where the Titanic was the background, in many respects the Titanic was the end of the Edwardian Period but also the start of our modern period, Titanic in 1912 and World War One in 1914. Also to those that survived the Titanic it was real event, not something from the distant past, but to the post Titanic generation it was another era before World War One, thus open to dramatic licence. There have been other tragic events before and after the Titanic, but the Titanic represents Man vs Nature, and Nature won.