Death in Afghanistan

MOD: Reports that a UK Soldier was killed by an IED Today in Afghanistan, the Soldier was from the “ 1st Battalion The Rifles ”. Thus since 2001 the UK has lost 377 of its Armed Forces Personnel in Afghanistan, of that total it has lost 333 in combat action and 44 due to illness, accidents or other incidents.

Money Markets Tumble

Daily Mail: The money markets are slid today folks, the joint pressure of the Euro debt and the US debt has sent the shares downhill. At 5.31 UK time, the FTSE - 100 was down 90.85 and the US Dow Jones was down 163.59. Folks the markets are going to take bigger hits, there is simply to much debt out there, the US and Euro countries have to change the basic structure of their welfare states, they costs are not matched by tax coming in, thus the politicians will have to ask the people, higher taxes for welfare or lower taxes and less of a welfare states, its that simple and stark folks.

2008 Economic Crisis AGAIN = 2011 ?

Guardian: Reports that the European Central Bank has stated that it fears another 2008 economic crisis, and as the article notes this a crunch week for the Euro, an emergency meeting will be held by Euro Countries on Thursday. Folks its simple, either the PIGS leave the Euro or the Euro will go down the drain, that is the hard choice, the cancer that is Greece if it is not cured will infect the economic body of Europe and crush it, time for harsh action by the EU, throw the PIGS out of the Euro, and really stress test the banks, there still has to be a lot of hidden debt folks, this blog does not trust the banks.

Afghanistan Front News

MOD: Has announced the name of the UK Soldier that was killed on Saturday in Afghanistan, the Soldier was “ Lance Corporal Paul Watkins, from 9th/12th Royal Lancers (Prince of Wales's) ”. Our thoughts are with the family of Lance Corporal Watkins.

54% Disapproval for POTUS = Rasmussen Reports

Rasmussen Reports: Has its daily tracking poll of likely voters, in this poll Obama has a 54% disapproval rating, while 45% of voters approve of the Obama record. Folks 2012 is not going to be like 1984 when Reagan destroyed former VP Mondale, its going to be a close race, this is why POTUS is on the money trail, he will need it to run the most dirty campaign in Presidential history, the Chicago re-elect committee can not run on the Obama record, it is a disaster, thus they will set out to destroy the Republican nominee, the only problem for the Democrats is that there is no front runner, thus they will have to wait, lets hope the Republicans select a decent candidate.

50% Disapproval for Obama = Gallup

Gallup: Reports in its latest tracking poll of average voters that POTUS has 50% disapproval rating for his job performance, while 42% approve of the Obama record. This is down to one simple fact, the US voter is not a fool, he/she didn’t need to go to Harvard to get the fact that there will never be a enough rich people to tax to pay for the welfare structure in the US. The only answer the Oval has to the present debt crisis is to call for more taxes, no wonder the rich and large companies are not hiring, they don’t know what other tax Obama is going to come up with, lets get real folks, at the end of the day if you want to pay the high price of welfare in the US you have to tax the middle class till they bleed, since that not going to happen the Democrats play politics while Washington D.C burns, shame on your POTUS.

The Apprentice

Guardian: Reports on the success of the Apprentice in the UK. Folks its must see TV tonight, its the final of the Apprentice, this blog thinks Tom the inventor has a good chance of winning, as Lord Sugar is seeking a business partner, Tom would be the best choice, he has a past record of product development and he invents things, also does not come across as the type to argue with Lord S, on the whole a big win for Lord Sugar.