Monday, October 17, 2011

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.

Sunday, October 16, 2011

Great UNWASHED March - World Protests






Mail on Sunday: Reports on 950 protests in 80 Countries. This is getting out of hand folks, its time that the local authorities stopped being nice, give these great unwashed their marching orders or else, the problem with these protesters, and that being kind to them, is that they don’t have one single issue, they vary, some want to live in Cuba in effect, others want to punish the bankers, others want to live in Star Trek land, no money and no poor, all very worthy but stupid and brainless, even Zombies have an issue, and this blog has more time for Zombies than these great unwashed louts. Lets get real folks, these protests are not going to change the world, if you think they are your smoking something, and its not fags. GROW UP.

Two Trillion to SAVE the Euro - Eurozone

Telegraph: Reports that previous rumoured plan to save the Euro is taking shape, a two to three trillion stability fund, a banking bailout and that Greece does a managed default, the UK will put more in the pot through the IMF. Folks the Stock Markets around the world should go up tomorrow, it’s a plan, the details seem to have been nailed down, the question is will EU taxpayers as in Germany and France be happy with giving the most of the trillions of the stability fund, what will the Slovak Parliament do if asked for more money, its needs the nod from G20 leaders then it can go in action, this could be the start of the end of the Eurozone crisis for the moment folks, there will be another crisis, when the banks have to write off between 50% - 60% of Greek debt, but that for the future folks. The page just might have been turned, if it all goes wrong, well I wont be surprised folks.

Right ON SB - Eurozone Crisis

BBC News: Reports that the Italian PM Silvio Berlusconi has stated he will take action against violent protesters in Rome. One word folks, RIGHT move PM, the great violent unwashed should not be allowed to use peaceful protests as way to have their happy hour of violence on people and property. In fact folks I have No sympathy for these Wall Street protesters, they think this 1968, well GROW UP, the age of something for nothing is over, the Police from New York to London should move these protesters on, if they wont move read the riot act and send in the horses, any resistance and the tear gas should come out, the world is what it is, and some great unwashed long hair louts do not help, they think they bring hope, they don’t, they have no logical agenda, they seem to want to live in Cuba, well move to Cuba if you want that kind of society, time to teach the real lessons of life to these people, get a hair cut, wash, don’t have relationships the middle of suppose protest, go do some charity work, in other words get a life.

Death in Afghanistan

MOD: Reports that a UK Soldier was killed on Saturday in Afghanistan, the Soldier was from the “ 2nd Battalion The Royal Gurkha rifles ”. Thus since 2001 the UK has lost 383 of its Armed Forces Personnel in Afghanistan, of that total it has lost 339 in combat action and 44 due to illness, accidents or other incidents.