Greece and the EU

Guardian Live - Greece: Reports in its 11.44am post that the Greek PM Antonis Samaras " is expected to present his case for Greece's financial programme to be relaxed next Friday, August 24, to Angela Merkel in Berlin ".

Lets Get Real.

There is an old saying folks, beware of Greeks bearing gifts, if I was Chancellor Merkel I would keep my purse close, the Greeks are after German Euros again. The Germans have to be firm, they have to say NO, if the French and the IMF want to bailout the Greeks, that is great, one can guess that the French taxpayer wont mind throwing their tax Euros down the Greek toilet, just to keep the EU happy, also the Countries that give to the IMF will be pleased that this another Greek bailout. Lets see folks.

Germany on Greece - Eurozone Crisis

Telegraph Live - Greece: Reports in its 11.49am post that Germany is standing firm on the previous agreed plan with Greece when it comes to the bailouts. Thus no extension of the austerity plan.

Lets Get Real:

Thus folks Chancellor Merkel faces her own elections quite soon, the German taxpayer as compared to the Greeks actually pay taxes, they are not best pleased that they are seeing their money going down the drain of the Greek State. This blog would not be that shocked to see Germany cut Greece off, it seems from reports from Greece that none of the agreed State assets have been sold, or even plans. The welfare and public sector is to powerful in Greece, there is resistance to such drastic moves. The Berlin might decide that enough is enough, that Italy and Spain have to be protected first, Spain looks like asking for Sovereign bailout in the near future, how far will be Italy behind them, thus folks Greece the birthplace of Democracy will have to thrown to the wolves, and it will be by the Germans, that is not new for the Germans.

Iran and Syria - Syrian Update

BBC News: The Obama Administration has stated that Iran is helping train the forces of the Assad Regime.

Lets Get Real:

This is hardly breaking news folks, the Tehran Regime has been supporting the Assad Regime since the start of the Arab Spring, the Tehran Regime might be murderous and beyond the pale but its not stupid, it knows that if Assad falls its power in the Middle East is reduce by a great level, this is also the case with the Russians, thus their veto at the UN. Thus one can postulate that Russia and Iran and their interests will go down with the Regime, the Assad Regime will fall folks, its just matter of time, the Regime can not murder all the rebels, its giving it a good try but it wont work. Thus in either weeks or months President Assad will either have done a runner or will be hanging from the nearest yardarm. Thus we watch and wait folks.