Monday, October 17, 2011

Romney and Cain TIED - Republican Race 2012

CNN: Reports on its new poll for the Republican race, ahead by 1% is Governor Romney on 26%, while Herman Cain is on 25%, as the article notes they are tied, while Governor Perry brings up the rear. If we are looking at ground operations folks then Romney is well ahead, Cain is just starting to get ready for Iowa. The problem is the political timetable folks, the New Hampshire Primary could be in early December, that could means that the Iowa Caucus could be later next month. Thus there is not a lot of time to get a field operation in place, at the end of the day a caucus is about getting your people to turn up and argue and debate your candidacy, that takes money and a great field operation, Romney is cert to win New Hampshire, all the polls have him well ahead, thus any one that wants to challenge Romney has to do well in Iowa, if early vote that could be a problem. One can postulate that one could see a Romney/Cain ticket, both business men, the Cain having more charisma and his 999 plan. But it is still early folks, candidates can make mistakes, lets see who comes out on top after the Republican debates are finished. Also lets recall who ever is the Republican nominee the left wing media will be all over him, and it will be a him folks.

French Triple A ? - Eurozone Crisis

Guardian Live: Reports on a rumour that France’s triple A rating is under risk, the cost between French and German bonds has seen a 16 year high for French bonds. Thus if Greece goes down the toilet and French banks are close to default the French Government has stated that it does not need EU money to bailout French banks, well this could be spin folks, thus the present risk to the French credit rating, also the Germans have made it clear that they don’t want to be on the hook with France for debt of the rest of the EU. Watch France folks, Spain and Italy are a problem after Greece, but due to the nature of French society, a welfare centred society , to powerful unions, a work rate that hurts the French economy, if it comes to either France or the Euro going down the toilet, trust me folks the French will sell out the Euro without looking back, with the French is always about France.

No Grand Solution - Germany

Telegraph Live: Reports that Germany has tried to bring some reality in to recent Eurozone discussions, the Germans have stated that the next EU meeting would not have a magic bullet for the crisis. In other words folks the Germans don’t want to be on the hook for trillions, thus the Markets are back in the red, also the German Supreme Court has made it clear there are limits, the Court will not allow Germany to underwrite the debt of the EU. Thus in many respects it’s a matter of bluff folks, at 7.23 UK time the Down Jones in the US is down 213.05 points, the FTSE - 100 at the end of the day was down just short of 30 points. The Markets want a detailed and tough plan from EU leaders, the leaders would like to get re-elected, thus how much pain are the willing to inflict on the voters to support the Euro, how much cash will be asked from France, Germany and the other 15 Eurozone Countries. Also the UK Coalition Government through the IMF will have to gets its wallet out, its going to cost folks, and it will not be popular, choppy waters ahead folks.

Afghanistan Front News

MOD: Has announced the name of the UK Soldier that was killed on Saturday in Afghanistan, the Soldier was “ Rifleman Vijay Rai, 2nd Battalion The Royal Gurkha Rifles ”. Our thoughts are with the family of Rifleman Vijay Rai.