North Korea on Red Alert ?

Fox News: Reports that the Communist North Korean Army is on Alert for War. Its shadow boxing folks, its North Korean Dynasty making the leadership secure for the next generation, gets the Army on board by showing that the Dynasty is strong and will take action, its a shadow play. The communist North is nuclear armed, it could hit South Korea and Japan with nuclear missiles, but it would be the last act of its existence, thus if the region would not buy a nuclear bunker yet, China has given North Korea a free hand, it wont allow it to start a nuclear war with the USA. As the North is nuclear armed it will just have to be bought off, that is the fact of life folks. There cant be a war between North Korea and the South, the US would wipe North Korea from the face of the earth, that simple and brutal folks, the South has lost a navel vessel with the a heavy loss of life, but it should keep to limited sanctions, not sure the UN is a good idea, China will be forced to Veto any sanctions, the Obama Administration needs China for its Iran policy, if it has a Iran policy. Thus North Korea is a pain, it will just have to be bought off down the line, that is the usual method of dealing with the bonkers Country.

Queen's Speech 2010

Click here for the Queen's Speech of 2010. The top issue for the Coalition Government is the economic mess left by the last Labour Government, the Coalition Government in the Queen's Speech states the following, " The first priority is to reduce the deficit and restore economic growth. Action will be taken to accelerate the reduction of the structural budget deficit. A new Office for Budget Responsibility will provide confidence in the management of the public finances... " The next big date in the political diary folks in the Emergency Budget for June, in that Budget one can expect even deeper public spending cuts, it can be argued that its better to have the economic pain NOW, and have the benefits later, thus this is a political risk for the Coalition, if the pain is to much then the Lib Dems could do a runner, but that is the point of the 55% vote in the House of Commons to dissolve the Government, its a way for the Conservative Party to keep the Lib Dems on the same boat, lets see if works folks, would not yet bet the House on the Coalition lasting five years, politics is to much fun for that resolution folks.

Obama 42% Approval

Daily Presidential Tracking Poll - Rasmussen : Reports that the approval ratings for President Obama has fallen to 42% of likely voters, while those that have a negative view President Obama stands at 56%. This folks plays in to the Mid Term Congressional Elections of 2010, the Democrats on the Hill will understand that with health care reform they have been conned by the White House, the Act is still not popular and a majority of US voters want to repeal the Act. The White House when pressing for moderate and conservative Democrats to vote for health care reform argued that once the Act was passed it would get popular, well folks it was a major league Chicago Con job, in less the Dems on the Hill are very lucky the face political oblivion in November, thus don't expect the House or the Senate to approve any more of the radical agenda of Oval.

World Share Markets

BBC News: Reports on the slump in the World Wide Stock Markets. The causes for the fall are the worries about Sovereign debt world wide, the falling Euro which is based on debt as with the case of Greece and the War threats between South and North Korea. The solutions to these problems are being faced by the new Coalition Government in the UK, thus the stated cuts of 6.2 billion by the Government and the deeper cuts that are expected in the Emergency Budget in June. Thus the UK is dealing with its problems, as for the Euro it is a tougher problem, its a political idea that is sinking due to the debts of Greece, Spain, Italy, Ireland and the UK. If the Euro is to survive then Greece, Spain and Italy have to be thrown out of the Euro or they take themselves out of the system. The Governments of these countries are weak and can not be expected to take the political pressure that will come with deep public spending cuts. If this action is followed then the Euro might have a future. As for the War tensions between South and North Korea it will not lead to War, well with the proviso that the South will never start a War and China should put the brake on North Korea, the communist North a nuclear armed power, thus the South cant take any action, so in less leadership of North Korea has gone nuts the tensions should decrees over the short period, with the proviso that North has not gone bonkers. Lets see how these stories develop folks.