Cutting the UK Debt

HM Treasury: Has the statement by the Chancellor of the Exchequer on the cuts needed to cut the UK Debt. As the UK Treasury states the UK debt stands at 156 billion, thus these first cuts are more symbolic, when 6.2 billion is seen by symbolic by the money markets you get the idea of how much red ink there is in the economic books of the UK. The Chancellor of the Exchequer stated the following when it comes to future cuts, " This is the first time this Government has announced difficult decisions on spending. It will not be the last. But I want people to know in the years ahead that we do this not for its own sake but in order to improve the quality of people’s lives and build a better economic future. We inherited an economic mess, but we can come out of it stronger. " There will be a need for even more drastic cuts folks, the welfare states will have to contract for a few years, the welfare state is fantastic but its costs folks, the NHS is great but it has one problem, you can finish work at 65 if your a man and if you healthy you can live to be over a hundred, that is a lot of benefits folks. In the years to come Doctors will create drugs that in many respects could allow people to live to be over a 150, that a lot of benefits if you finish work at 65 for a man or 60 for a woman. Thus one can postulate that the age of men finishing work will go up to 70 or 75 and 65 or 66 for women, lets note women tend to live longer, thus folks the old welfare system will have to change, it will hurt folks but the other choice is for the UK to go bankrupt, the Labour Party under Gordon Brown has left an economic disaster folks.

Hot WIND out of the Oval

As expected folks the Obama White House is doing nothing about the fact that North Korea sunk a Naval vessel of South Korea, a close American Ally. The White House states the following, "... The Republic of Korea can continue to count on the full support of the United States, as President Obama has made clear....Specifically, we endorse President Lee’s demand that North Korea immediately apologize and punish those responsible for the attack, and, most importantly, stop its belligerent and threatening behavior. This shows that President Obama can not be trusted by an ally, the above is rubbish on so many levels. The weakness part comes next folks, the Obama White follows with the following, " U.S. support for South Korea’s defense is unequivocal, and the President has directed his military commanders to coordinate closely with their Republic of Korea counterparts to ensure readiness and to deter future aggression. We will build on an already strong foundation of excellent cooperation between our militaries and explore further enhancements to our joint posture on the Peninsula as part of our ongoing dialogue. " Does the Oval not get the fact that North Korea has just sunk a South Korean Naval vessel, and what does Obama do, the usual hot air with no substance, this is why Iran is going nuclear folks. The Obama White House shows it has no backbone with the following part of the statement, " As President Lee stated in his address earlier today, the Republic of Korea intends to bring this issue to the United Nations Security Council. We support this move. Secretary Clinton and Ambassador Rice are each consulting very closely with their Korean counterparts, as well as with Japan, China, and other UN Security Council member states in order to reach agreement on the steps in the Council. " The UN can pass as many resolutions as it wants, the North will use paper resolutions as toilet roll, as long as China backs North Korea it has a free hand to commit these illegal act on the high seas. The appeasement policy of the Oval is the reason we could see a regional war in the Middle East, at the end of the day Israel will have to take military action when it comes to Iran.