2010 Mid Term Elections - Part Two

RCP: Reports on its average of generic polls, the RCP average is Republicans 47.9% and Democrats 42.3%. If this is a wipe out election for Democrats the Gallup poll as posted is the likely outcome, but if the Parties are more narrow by Election Day then the Republicans will retake the House and get parity with the Democrats in the Senate. A the effect on the Obama Administration of a big Republican win would be that President Obama would be forced to move to the centre, otherwise he might as well play golf for two years. A narrow win is more of a negative for President Obama, the Oval might get in to its head that the election was a fluke, thus not move to the centre as Clinton moved in 1994, this could lead to Obama losing his bid for re-election in 2012. Thus according to a recent poll 91% of African Americans still support Obama, if African Americans want to see the first African American President win a second term they should vote Republican. A Congress under the Republicans would force both Obama and the Republican Leadership to the centre, thus President Obama could run as a moderate in 2012 and win re-election. In many respects 2010 could decide the election of 2012.

2010 Mid Term Elections - Gallup Poll

Gallup: Has an interesting Generic Poll for the 2010 Mid Term Congressional Elections, its has three different outcomes, registered voters, likely voters ( low turnout ), likely voters ( high turnout ). The outcome that is drawing my attention is the one likely voter with a low turnout, this poll has the Republicans on 56% and the Democrats on 38%, a 18% lead for the Republicans, if this was the result it would be wipe out for the Democrats, the Obama Presidency would be over but in name, lets see the next few polls, watch the likely voter but low turnout, there is something, not sure yet, but lets see some more polls.

Ireland Bankrupt Part Three

Guardian: Reports on more pressure on the Irish Economy, another credit agency has announced it might reduce the credit worthiness of Ireland due to its recession of an economy and its debt. The fear is that Ireland will have to be bailed out like Greece by the IMF. Lets recall folks if Ireland goes down the toilet it could have great consequences for the UK economy, Ireland is a major economic partner, thus if Ireland is on its economic death bed then UK at its most basic might have a major stroke, that simple and harsh folks. This blog would suggest that the EU and the US take over ALL banks and check the books, and restart from scratch, one gets the feeling that the banks are sucking the last dollar, pound out of the UK voter as to keep their bonuses. Ireland might be a lost cause, the UK should look at what the costs would be to the UK if Ireland went belly up, get rid of any debts, in other words if it’s a choice between the economy of the UK and Ireland, then UK Government has to protect the UK economy first, no matter the effect on Ireland.

Those ROTTEN Banks!

Telegraph: Reports that the Western Banks still have debts of four trillion dollars and will need Government aid to keep the system secure. This folks is getting out of hand, another four trillion dollars, how much stupid decisions have banks taken, and why are they giving out big fat bonuses to bad bankers in every sense of the word. This is the kind of thing that could make you a MARXIST! The Western Governments should allow the banks to fail, then protect the customers, otherwise the banks have the Western voter by the throat, it seems any bank is to BIG to fail. Its time that these bankers faced corruption charges, even if Governments have to create back dated laws to get these bankers in Court. Does the Western Economy have the money to bailout these banks without destroying the Welfare State.