Obama, health care reform - New Chief of Staff

Guardian: Reports that President Obama is considering appointing as a new Chief of Staff William Daley of the Chicago Daley dynasty, the appointment would be a surprise as Mr Daley was critical of ObamaCare. If one was devious and from Chicago one could see POTUS offering to reform ObamaCare himself, President Obama does not want his prize to be thrown out by the US Courts or repealed by Congress, the best way would be to reform ObamaCare from within, junk the aspects that get majority opposition and find other ways to fund care for those that don’t have medical cover. The move would be bold and risky, the left would go bonkers, but it would get Obama a second term, but as stated above one would have to be devious and from Chicago.

Tax Cuts before VAT - Economic Recovery

Telegraph: Reports that the Chancellor of the Exchequer George Osborne has given the impression that should the economy turn around then the Coalition Government would favour tax cuts to a reduction in VAT. This is a excellent move by the Coalition Government, the Conservatives and Liberal Democrats are taking a bet that the economy will turn around in a five year Parliament, thus the austerity measures of today will be forgotten when the Coalition Government brings in good tax cuts for the middle classes. If it works the Coalition gets another term, the Labour Party needs failure lets be honest, if the Coalition economic policy works then Labour is out of power for a generation. One can argue that Ed Miliband does not have five years, if Labour is not vastly ahead of the Coalition within next few years he will out on his ear, then his brother David Mililband can take over as Labour Leader.

National Television Awards

More light hearted story folks, its that time of year folks, the National Television Awards, you know the drill, vote for Matt Smith for the Doctor, acting list, and Dr Who for best Drama.

Afghanistan Front News

MOD: Has announced the name of the 1st British Soldier to be killed in 2011, the Soldier was “ Private Joseva Saqanagonedau Vatubua from The Argyll and Sutherland Highlanders, 5th Battalion The Royal Regiment of Scotland (5 SCOTS) ”. Our thoughts are with the family of Private Vatubua.

ObamaCare Repeal ?

The Hill: Reports that Republican House will introduce a ObamaCare repeal bill before the State of the Union Address by President Obama. Thus after the Bill is passed by the House it goes to the Senate, one would expect the Bill to be dead in the Senate but the fact that Senators facing re-election in 2012 might want to pass the buck to President Obama and his veto power. It will be hard choice for Democratic Senators form Conservative states to oppose the repeal bill, thus the Oval might find a nasty surprise in the new year, it has to veto the repeal bill and defend the decision in 2012.

900 Billion Debt Time Bomb - 2011

Telegraph: Reports on the Banking and Government debt time bomb that could unravel in 2011. It has been predicted that either Portugal or Spain could go bust or both, the article notes that troubled Governments could have problems in selling their debt bonds. It is quite simple folks, there is to much debt, it would be in the interest of Ireland,Portugal and Greece to default on their debts and reconstruct future debts, the bond holders think they will be left out of pocket thus not keen to buy sovereign debt. The entire system to use a IT phrase needs a reboot, thus the debts have to be waved and a more secure debt structure created. Thus what do about the bond holders, they should be given tax credits and major allowances to make up for any major losses. In some cases they should not have to pay tax at all if the debt write off is off the chart. The above is fair and just might work folks.

Death in Afghanistan - 2011

MOD: Reports that a British Soldier was killed on the first day of 2011, the Soldier was from the “ Argyll and Sutherland Highlanders, 5th Battalion The Royal Regiment of Scotland (5 SCOTS) ”. Thus since 2001 the UK has lost 349 of its Armed Forces Personnel in Afghanistan, of that total it has lost 308 in combat operations and 41 due to illness, accidents or other incidents.