Germany and Greece

Telegraph Live - Greece: Reports in its 5.39 posting that the German Chancellor Angela Merkel expects the Greek bond deal hair cut to go well this week. Thus folks we have the two different perspectives on the future of the EU deal, either Greece will shuffle through or Greece is going down the toilet, the Markets have a negative view from the tanking today.

Shares and Greece

BBC News: Reports that US and EU Stock Markets have tanked today due to the worry that not enough Greek bond holders will sign on to the hair cut deal. As noted in previous post it is expected that Athens will enforce such a deal, this could mean that bonds holders could invoke their insurance against such a move, thus Greece would be in default. Lets hope there is no messy deal to prevent this folks, then Greece can default and restart and the EU will know that it will not have to deal with Greece in the Euro. That would be good news folks.

The Left and Iran

Guardian: Has a Editorial on the developing Iranian Crisis, the editorial states the following, “ ..remember that while the IAEA have serious concerns about a possible bomb programme, there is no proof. ”. Thus folks this is the problem that President Obama faces, the left in the US and Europe would do its nut if Obama either green lights an Israeli attack or takes part in such an attack. The negatives effects of Iraq come in to play, the lack of weapons of mass destruction in Iraq and the failure of intelligence has the left suspect of even the actual truth that Iran wants to become a nuclear armed power and is heading in that direction. Thus should POTUS take military action before the November election expect the US and UK left to highly critical of Obama, the Novel Prize Committee might ask for its prize back, if Obama gets this wrong, he will join this club, Hoover, Carter and Bush 41, modern one term Presidents.

UN’s IAEA and Iran

Telegraph: Reports that the UN nuclear watchdog the IAEA has warned that Iran’s nuclear programme might have a military aspect. The Oval has to be careful that he does not lose Congressional Democrats when it comes to his Iran policy, if Hill Democrats think that Obama is weak on the subject they will throw him under the bus, at the end of the day when it comes to it, Congressional Democrats will support Israel over Obama, if Obama is under the delusion that this wont happen he really needs his own RFK or Nancy Reagan to show him the real world. The Jewish vote is part of the Democratic base, if Israel strikes then Democrats will support Israel, Obama better be on the Israeli train, or he will be stuck in the Windy City of Chicago after serving only one term as POTUS.

Obama and Iran

BBC News: Reports on the meeting between President Obama and Israeli PM Netanyahu, the article notes that POTUS is still stressing diplomacy when it comes to Iran. Thus folks the question that has to be asked, what will be end result, from the tone of the Israeli PM the Oval should not be surprised to get that infamous 3am call that Israel is in the process of striking Iran. Lets be honest here folks, Israel does not trust Obama for a second, all this supportive words NOW are for US political consumption. At the end of the day the security of Israel can not be trusted in the hands of President Obama, harsh but true folks, can you see the Obama Oval really striking Iran, really folks.