Romney vs. Obama - The Polls

The best time of the week folks, the match up polls of Romney vs. Obama.

Rasmussen Reports ( LV ): Reports on its daily tracking poll, today Governor Romney leads President Obama by 48% to 43%. A 5% lead.

Gallup ( RV ): Reports on its daily tracking poll, today Governor Romney leads President by 46% to 45%. A 1% lead.

Lets Get Real:

If your the Romney Camp your happy with the 5% lead in the Rasmussen Poll, but should the lead be bigger if you think of the economic mess in the US, the scandal of the national security leaks and the US Attorney General facing a contempt of Congress charge. If your the Obama Camp you see the race as still tied, if think you about the politics that is a miracle, it shows that POTUS was smart to grant in essence amnesty to illegals in the US, they cant vote but they are a powerful group in swing States. As June/July is the holiday season most US voters will not really wake up to the Campaign in till after Labour Day, that's the start of September for EU readers. These polls are interesting but are just a snap shot, the interesting polls are a few months away, the VP choice for Romney, the Convention speeches, and then the debates. If your a political geek you love this time, endless polls and politics all the time.

What Next ? Syrian Shoot Down

Guardian: Reports the following on the Syrian shoot down of a Turkish military plane, " Turkish media had reported earlier that Syria had apologised for the incident, but ( PM of Turkey ) Erdogan made no mention of an apology. ".

Lets Get Real:

The left wing elite media are in a bind when it comes to Syria, after Iraq War they want any military action to be approved by the UN, but the Russians have made it clear that they are supporting the Assad Regime in Syria, the Russians want to keep their warm water port, there are conflicting reports that the Russians are sending naval vessels to Syria, on board are Russian marines, one line of thought is they are being sent to protect Russians in Syria, the other line is that they are being sent to get the Russians out of Syria should a full scale civil war develop. It will be interesting to see how the BBC, Guardian, NYT run with this story over the next few days. What matters, prevent the deaths in Syria or keeping the UN going at all costs, lets see how they jump folks.

Syrian Shoot DOWN - Syrian Crisis

Telegraph: Reports the following on the shoot down of a Turkish military plane by Syria, the article notes the following, " ..Western powers scrambling over how to respond. ".

Lets Get Real:

One can assume folks that Moscow will be on the line to the Oval and trying to get the Oval to place pressure on Turkey not react in a military manner, the Putin Regime in Russia has blocked any UN action but it has no control over Turkey should it take military action. President Obama will be spending some time in the Situation Room in the White House looking at how Turkey will act, if Turkey uses force then all bets are off, the US will have to back Turkey, this could force Iran to build up its support for the Assad Regime. In Moscow it would force the hand of Putin, does he still support the Assad Regime, even with attack helicopters that could be used on Turkish troops, if you want a real crisis look at the Turkish action should Russian attack helicopters be used on their troops. It only needs a local commander to miss read this crisis for there to be a regional war. Lets hope Israel does not get used as target practice by the Assad Regime.

Turkey vs. Syria - Syrian Crisis

BBC News: Reports that the Syrian Military have shot down a Turkish military plane. The Assad Regime has stated that the plane was in Syrian air space at that the time of the shooting.

Lets Get Real:

There is the politics and the reality folks, the relationship between Syria and Turkey is at rock bottom, from Turkey it has seen refugees from Syria cross the border in to Turkey, the Syrian Army has shot in to Turkey at rebels as the Assad Regime states. Thus we have this latest incident, the Turks might have had enough, they might decide this is the time to send in its military in to Syria to create safe heavens for the Syria people, also support the rebels with arms. On the other hand folks you can bet that the Oval is placing pressure on Turkey not overact, the Oval does not need a regional war before the November election. As any increase in violence could make the Syrian War a proxy war between the US and its allies on the one hand, and then Syria with the support of Iran and Russia on the other, not good for regional stability. The reality is it depends on the location of the shooting, was the Turkish plane in Syrian air space, it does it matter. Lets recall that Turkey is a member of NATO, if Turkey gets in to trouble or a regional war then the US will have to support its ally, that is the point of NATO. Tense days ahead folks.

Obama's Kill List and the Press

Guardian: Reports on a Court filing from the Obama Administration on the attempts by the press to get more information on President Obama's kill list of terrorists, the article notes the following by the Obama Administration, " saying that to release information would hurt national security, even while still insisting it cannot admit any such programme of targeted killing exists. "

Lets Get Real:

The Oval is 100% right its filing to the Court, the Obama kill list is suppose to be one of the most secret covert operations of the US, although there have been leaks about the operation this should not mean that the press should get its hands on these kind of secrets. The blog supports a strong executive, this even means that the Oval was right to say that it was right that internal Justice Department info should not be released to Congress, the contempt resolution against AG Holder is not going anywhere, thus the Republicans should stick the economy, let the public decide if Holder is hiding another Watergate, the Republicans might win November, thus they should not allow a strong Presidency to be weakened, thus on these two issues the White House is right. That is new for this blog.

UK Banks Downgraded - Euro Crisis

Telegraph: Reports that the Credit Agency Moody's has downgraded major UK Banks, the articles notes the following on the Moody's action, " The lower the rating, the higher the interest rates they pay and the more collateral they must offer. ".

Lets Get Real:

The Banks are already not lending to small business even if that business is making money, this downgraded will hit the customer, any costs that the banks see if their borrowing will be paid by the customers. The Banks do have an argument, the 2008 near death of the banking system was due to bad loans, thus the Banks don't want to be in the position that they are charged with throwing money at bad risks. The Euro crisis and the debt hold by EU Banks means that UK Banks are at risk due to the fact that in this Global economic system all the banks are linked. In other words folks at its most basic and harsh, if the EU banking system is taken down by Spain and Italy then the UK is in the toilet and is going to get flushed. If President Obama had not waisted US tax payers money with his domestic record he could have saved the EU, but the Oval spent like a gambling addict, thus is broke, who is going to save the EU folks, in fact who is going to save the Global economic system.

Wall Street and Main Street - USA

BBC News: Reports that Wall Street fell by 250 points today, due to bad economic news from China and the EU.

Lets Get Real:

Thus folks a bad day for Wall Street and Main Street, as the pension funds of the public sector will have taken a hit today, never mind the private sector. This was not a good for the Oval, lets see what the Unemployment rate will be at the end of the month. The good news out of the G20 that the EU would deal with Spain seems in detail not have pleased that markets that much, the UK FTSE 100 was down nearly 1%. The more crisis meetings for the EU, either the Euro is saved and fast or the World economy is going to tank, lets see what happens first folks. This blog is not holding its breath for either, we don't have leaders today folks, we have poll followers, for a Reagan or a Thatcher, in the 80s folks we were very lucky in our leaders.