90% Tax

BBC News: Reports that the US House of Representatives has passed a Bill that would tax the bonuses of those companies given Government support, this actions is in response to the AIG bonuses row. What happens if those taxed walk, what if companies go under because in the complex world of finance those that leave understand how to makes money and keep a business in the black. I hear the shouts now, but these companies went bust, its our money, okay have a cup of tea and relax, this is the real world, these bonuses go to the people that make the system run, no runners and we are all in the 100% tax bracketed. This mess is down to the Obama Administration, lets tax their wages should we, its their bag as they say in the 21 Century American English.

Is Obama Funny ?

The Times: Reports that President Obama while dealing with two wars, an economy in the toilet, a bonuses mess with AIG is going to appear on a US chat show. The point of a chat show in most cases is to sell something, a film, book, an event, charity fundraising. Can Obama sell the idea that he can be light on his feet and funny, Reagan and even Clinton had the ability to be funny and self aware, does Obama. I have to be honest, what I have seen of the President he dos not cope well with humour at his expense. In the campaign the political attack that he was a Star not a credible President seem to get under his skin. This move to a chat show could either be a great move or a disaster. Also the Washington Press core wont like the idea that a chat show host is getting the President while they have to wait for a formal Press Conference.

Democrats ALLOWED AIG Bonuses

CNN News: Reports it was the Democrats that allowed AIG to get their bonuses. In pure political terms this is great news for the Republicans, they can run on the slogan " Democrats ARE for ? Big Business " The Obama Administration pushed their Economic Plan through without bothering to read it, as Obama taught law he should now better, always read the small print. Also the idea that you can tax the bonuses at a 100% after they are part of a legal contract and it was allowed by a previous legal measure; in the Obama Economic Plan; is a joke. Any good judge will declare that this law is not legal. It is against English Common Law and its against contract law. The Democrats have been bitten by their own pedestal.

USA threat to North Korea

Fox News: Reports that the USA is ready to shoot down the missile from North Korea. This should be a clear warning to North Korea, back down or face the consequences, the USA will not allow North Korea to become another Iran. It will take measures to protects its security, the missile launch is a threat to US National Security, the US has no option but to shoot down the missile. In less the US takes action, Japan has already stated it will shoot down the missile if it is seen as a threat to Japan. Crisis Time in April for Obama.

The Bush Era

The New York Times: Reports on the memoir by Bush 43, it will deal with the major decisions he has taken in his life. It will be interesting from a UK point of view to see what he says about former UK PM Tony Blair and their decision to go in to Iraq. Also it will be interesting to see how he deals with his relationship with his father, Bush 41. Must admit, can wait for this book and Blair's when he gets around to writing it, we always learn form the past, not to make the same mistakes in the future.

More Trouble from North Korea

BBC News: Reports on the arrest of two American Reports by North Korea. As we await the launch of the North Korean Satellite it is becoming clear that North Korea is planning for War. The launch is banned by the UN, North Korea is putting up the shutters to the International Community, the BBC reports that NGO's are being thrown out of North Korea, the North Korean forces are combat ready North Korea has announced. If we have a successful missile launch that can reach the USA and North Korea puts a nuclear warhead on their missiles we have further tensions in the region. The Obama Administration might find that North Korea is as problematic as Pakistan.

Pakistan Aghast at Obama Plans to Expand Air Hits in Pakistan

Guardian: Reports that there is anger in Pakistan over the Obama option to expand air strikes in Pakistan of terrorists targets. That this option is out there will not help the Obama Administration, but the War in Afghanistan is the War Obama wanted to fight, thus he has to win or he does not get re-election in 2012. As stated in previous post, Obama is in the same shoes as LBJ and Nixon, he cant win in Afghanistan if the Safe heavens in Pakistan are not removed, as long as the terrorists have these bases the West cant win in Afghanistan. Thus what ever the political cost, Obama has to get tough in Pakistan, even at the cost of toppling the Government of Pakistan. Although Pakistan is a nuclear armed power, it is weak on the border between Afghanistan and Pakistan. Thus the USA has to destroy the terrorists, if the Government of Pakistan falls the USA should make sure that it gets control of the nuclear weapons of Pakistan. The War in Afghanistan will define the Obama Administration as Iraq defined the Bush 43.

NATO needs to sent 4,000 more troops to Afghanistan

The Times: Reports that the NATO Secretary General has called for NATO to send another four thousand troops to Afghanistan to protect the election this year. The people of Afghanistan have the right to vote, they have the right to vote without being under threat from the Taliban/Terrorists. Thus the USA and the UK should send extra troops in country and to the border between Afghanistan and Pakistan. Lets make Afghanistan a become of hope in this dark world.