New Nuclear Plant - North Korea

Fox News: Reports a new sophisticated nuclear plant in North Korea. This is the latest insult to the Obama Administration, as with Bush 43 the Stalinist leadership in North Korea is hitting the US with a wet fish, the North Koreans know that the US cant really do anything, North Korea is nuclear armed power with the ability to place warheads on smalls missiles than can hit South Korea and Japan. This is the ultimate nuclear blackmail, the West will have to pay North Korea off to keep quiet. But lets get real here folks, POTUS has to look forward to the 2012 Presidential Election, his Appeasement of North Korea and Iran will come back to haunt him in 2012, what if Iran gets the bomb before the election, what will Obama do, and in many respects what will Israel do, should North Korea sell its know how to Iran they could get a nuclear missile in under a year, thus Obama will be faced with a choice, either the US takes out the threat or Israel will, the failure to deal with North Korea should be a lesson when it comes to Iran.

Civil War in Labour, Miliband vs. The Dark Prince

Mail on Sunday: Reports on the war of words between Ed Miliband and the Dark Prince Lord Mandelson, it seems that the Dark Prince I not happy that “ Brutus “ Miliband told him in essence to take himself off to an old peoples home. The Dark Prince one of the founders of New Labour does not want to his creation thrown in to the bin, it can be argued that New Labour as an election machine was top rate, it won three elections, but the question that Labour has to ask after Iraq is New Labour a negative or a positive. It can be argued that New Labour works with the right leader, thus Tony Blair won the 2005 Election even with Iraq front and centre. The question that Labour has to ask is Ed Miliband the right leader to be the successor to New Labour, if the answer is NO then they have to get rid of him and get his brother David Miliband in as the new leader, lets recall D Miliband did win the majority of MPs and of Labour supporters, E Miliband only won due to the Trade Unions. Lets hope Labour does not make the same mistake as they did with Gordon Brown, they could have gotten rid of him but decided to go down with the ship thus the defeat in 2010.

80 Billion pounds BAILOUT for Ireland

Telegraph: Reports that Ireland will ask for a bailout of up to 100 billion Euros, that around 85 billion pounds. Thus this bailout will cover the banks and the Government debt, the price folks, that is a lot worse than the UK austerity package of the UK Government, they are even cutting the minimum wage folks, this will hit the poor, but this is the sad part it just might help the economy, a minimum wage is all well and good when the economy is going great but when your in the recession the minimum wage can throw older workers out of work, if your in business and you have to pay someone younger less of a wage than a older person you will get rid of that old person. This is the real world folks, it has to be asked should the UK also balance out its minimum wage, thus its costs an employer the same to hire and older person as someone younger, in these hard time folks the question has to be asked, how many older workers are thrown on the dole due to the fact of their age.

Ireland BETRAYED

Guardian: The Guardian writes the following on the Irish Leaders in Dublin “… who shipwrecked the economy and then capsized the lifeboats. ”. This blog is calling for a new European Law that will place political leaders on trial should they cause their countries to go down the toilet, now just a hollow law but a real law, with prison time, even better hard time doing the roads. This kind of law would have a sobering effect on ALL politicians, they would take care with the economies of the voters, its time to make politicians pay the price for their disastrous policies, otherwise they get away with their pensions and the speaking circuit, what about Gordon Brown for the first trial.

YES Bailout for Ireland

BBC News: Reports that Ireland has finally gotten around to asking the EU/IMF for a bailout of its banks and Government deficit. Thus the question that has to be asked will this cure the problem or just place a very slight plaster over the economic wound of Ireland, how much will the UK have to give Ireland, the sum goes from around 7-8 billion pounds, all those savings from the Coalition cuts will go to Ireland, it’s a funny old world folks.