Spanish CREDIT Downgraded - Fitch

Guardian: Reports that the Fitch Credit Agency has downgraded Spain’s credit rating, to just above junk status, the article notes the following, “ moved the eurozone's fourth-biggest economy a step closer to an international financial bailout. ”.

Lets Get Real:

The Spanish Government should swallow its pride and ask for an immediate loan folks, it is reported over the last few days that Spain might need three hundred billion euros, one of the biggest bailouts ever, well if its going to happen then Spain should ask before it is to late. If Spain takes the Euro down with it the entire EU could be at risk. GROW UP SPAIN, get your begging bowl out, and be quick about it, we have no time for ego, only rich people with money can have a ego, and Spain your broke.

100 Billion Euros AND Spanish Banks

Telegraph: Reports that the Fitch credit agency has predicted that it could cost a hundred billion euros to bailout the Spanish Banks.

Lets Get Real:

It has surprised this blog that the Stock Markets have gone up over the last few days, they seem to jump to positive dream land at the slightest rumour that Germany is going to agree to Euro Bonds, the Germans are not going to folks. The German Coalition Government is making it clear that even before Germany is willing to think about Euro Bonds it wants political union in the EU. The German version of Union is for Berlin to tell the rest of EU how to run its budgets. Lets see what the poor people of the EU think of that move, this is without doubt the worse idea since Captain Smith thought it was a good idea to raise speed going through a ice field. The EU Elite have always wanted a Federal EU, the one way to destroy the EU is to push for Berlin to control the EU. Lets see how French and other EU voters think of that idea. The idea that Berlin should control the economy of Western Europe was an objective if Germany had won World War One. Yes folks its that bad idea. Also it seems that Greece has gone off the radar, lets recall they have their 2nd General Election on June 17th, also French voters go to the polls in their Parliamentary elections. Lets see if the left can also take the Parliament in France or if the right combine to thwart that idea, it is said that we get the leaders we deserve, Europe must have a weak gene pool.

Obama and the 2012 Presidential Race

The New York Times: Report the following on its projection should the US election be held today, the articles states the following, “ The first look at the 2012 FiveThirtyEight presidential forecast has Barack Obama as a very slight favorite to win re-election. ”

Lets Get Real:

A very interesting article folks from the uber liberal NYT, it looks at national, state polls and economic factors. Also as noted in my posts the Chicago Re-Elect must be happy that President Obama is around the 45% mark when it comes to likely, registered and adult voters. It is not as if POTUS is in the low 30's%, so there is still a chance that US conservatives will have to get over the fact that POTUS will get a 2nd term. What might happen folks is that the US voter will re-elect Obama but pack the the House and Senate with Republicans, in other words nothing gets done and ObamaCare would be attacked every year by the Republicans. But as noted by better experts than this blog its a mistake to project the US Election from June, very rarely do the polls get it right, this long way to go folks.

48% Job Disapproval for POTUS - Gallup

Gallup: Reports on its daily tracking on the job performance of President Obama, today its bad news for the Oval, President Obama has a 45% Approval rating, while 48% of adult Americans Disapprove of the Obama record.

Lets Get Real:

The Oval faces a crisis it cant deal with folks, that is the Euro, if Greece leaves the Euro and Spain needs a major bailout, then the US will get hit. If business thinks between ObamaCare and its tax hikes, the new Obama business regulations, and the fact that the US cant help with the Euro crisis it might be safer not to hire that out of work person, as the costs will eat up any profit margin. Also a blue State of Wisconsin has shown that it will re-elect a right wing Governor who slashed public spending and stood up to the Unions, not good for the Oval. Also a dark horse crisis could be an independent investigation in to the recent national security leaks, this does recall the last season of the West Wing, don't the people in the White House recall what happened to Toby, the threat of prison for leaking security material, one can assume that Obama wont pardon anyone if the leaks get to close to the Oval.

US Polls - Romney vs. Obama

Rasmussen Reports: In its daily tracking of poll likely voters Romney and Obama are tied on 46% each.

Gallup: In its daily tracking poll of registered voters Governor Romney leads President Obama by 47% to 45%.

Lets Get Real:

For the Chicago Re-Elect Committee there must be some relief that POTUS is keeping even or just behind. The negative adverts by the Oval on Romney's business record has kept the Governor from getting some tracking due the bad news. The problem that the Oval faces is that it cant spend the next five months on negative adverts. The US voter want to know that Obama is offering in his next term, thus far the Oval has been very quiet on the future. Also the shock poor job record of the Oval is coming in to focus with ever jobs report at the end of the month. The Oval must be praying that the Congressional Budget Office was wrong when it stated that US unemployment will reach 9% by November, if that happens no amount of negative adverts will get Obama a 2nd term. As for Romney he is keeping even with the Oval, he has to get his negative rating down with women, the female vote is the only thing that is giving the Oval a chance of a 2nd term, if Romney can close the gap to a few points then Romney could win by a landslide in November. Romney needs a good pick for VP and a barn storming Convention speech, those are the next major steps for Romney, these two events could mean either victory or defeat in November for Romney.

Mothers Milk of US Politics = MONEY

BBC News: Reports that Governor Romney the Republican Nominee for the Presidency raised seventeen million dollars more than President Obama in May.

Lets Get Real:

It what makes the system go around folks, raising and spending more money that the other Campaign does not mean you WIN but it helps, just ask Governor Walker of Wisconsin. The real money will be in the Super Pacs folks, this forthcoming election will be fun for the VERY, VERY rich in US. One can expect liberals with the help of their arts friends to raise millions for Democrats and President Obama, Wall Street on the other is fed up with the Obama regulations of its workings, thus expect big money to flow in to Romney and Republican Super Pacs. At the end of the day folks its about the message, what do US voters want, a European broken welfare system, or a US that allow people to aim for riches, it is that simple folks. This is a major election for Americans, will they return to the Reagan model of small government, low taxes, and excellent defence, or follow the liberal path of President Obama, the future of the US hangs on the answers of US voters.