Friday, May 27, 2011

Greece NO Bailout ? - IMF

Telegraph: Reports that Greece might not get part of the IMF bailout due to it not meeting the IMF regulations for a bailout. Folks its time that the Money markets put Greece out its misery, time for the Markets to make Greece see the realities, the price for Greece selling its bonds should be make to expensive for the Greek Government. Greece is a basket case, the EU and IMF should take direct control of the Greek economy, but folks Greece should be forced to leave the Euro. The shock of a Greek Sovereign debt will hit German banks, but that is the price for getting EU and some of the Euro countries back in to shape, otherwise folks the bailout is toilet paper but with numbers on. Greece is the Trojan Horse that could destroy the EU and the Euro.

Apaches to Strike = Libyan Front

BBC News: Reports that the Coalition PM David Cameron has given the green light for the use of Apache helicopters in the Libyan Theatre. This comes with risks folks; although it allows for closer combat with the Gaddafi security forces; helicopters can be shot down, thus this is mission creep folks, sooner or later, it can be postulated it will be sooner there will be ground troops in Libya, neither the UK, France or the US can afford in political, economic and military terms for this operation to be going on next year, NATO would leak weak if it could not take out Colonel Gaddafi, thus expect more heaving bombing, more close combat, also MI6 will be trying to cause discord in the Gaddafi regime, get Gaddafi out or dead, as long as he is out of power.

Echoes of the Past


The White House has a statement on the arrest of Ratko Mladic, a Bosnian Serb War Criminal, POTUS states the following, “ Fifteen years ago, Ratko Mladic ordered the systematic execution of some 8,000 unarmed men and boys in Srebrencia. Today, he is behind bars. I applaud President Tadic and the Government of Serbia on their determined efforts to ensure that Mladic was found and that he faces justice. We look forward to his expeditious transfer to The Hague. Today is an important day for the families of Mladic’s many victims, for Serbia, for Bosnia, for the United States, and for international justice. While we will never be able to bring back those who were murdered, Mladic will now have to answer to his victims, and the world, in a court of law. From Nuremberg to the present, the United States has long viewed justice for war crimes, crimes against humanity, and genocide as both a moral imperative and an essential element of stability and peace. In Bosnia, the United States – our troops and our diplomats – led the international effort to end ethnic cleansing and bring a lasting peace. On this important day, we recommit ourselves to supporting ongoing reconciliation efforts in the Balkans and to working to prevent future atrocities. Those who have committed crimes against humanity and genocide will not escape judgment. May the families of Mladic’s victims find some solace in today’s arrest, and may this deepen the ties among the people of the region. ”. The suspicion has come with the arrest, the theory is that Serbia is seeking to become part of the EU, but this was not going to happen while it had a major War Criminal walking free in Serbia, thus the arrest. One can hear the shouts from the liberal left, how come Serbia could take Mladic but Obama could not take OBL in to custody, and you know folks they just might have point. One whole folks the good guys won this time, the West should be grateful to Serbia, perhaps its time for Serbian to be in the EU.