Game UP ? - Greece

Guardian: Reports that the cost for Greece to lend on the money markets has gone up to 28%, the article states the following, “ Default, then, seems to be looming one way or another. ….The point of no return is fast approaching. ”. Lets recall folks that the first bailout of Greece came from the Western taxpayer via the EU and IMF, are the citizens of Germany, France and even the UK willing to put their hands in their pockets again for the lose spending Greek Government. Everything is political folks, sooner or later the local politicians are going to feel the electoral heat of these bailouts, time to cut bait and let Greece hang on its own, the cost is to high folks for another multi billion bailout.

Greece is Economic Aids

Telegraph: Reports that the UK Stock Market fell by 1% over the fears of a Greek default. Folks its simple, Greece is a carrier, its economic aids, all around the World markets have been hit due to the simple fact that Greece is contagious to the Western banking system. The Greek people in many respects are being asked to go back in to the dark ages in many respects, the sole reason to protect the Euro. If Greece goes, and it will folks then Ireland and Portugal will be calling for more cash sooner or later, if Spain drops its all over, the Euro is dead in the water. The good people of Greece are being asked to suffer as to keep the political elite happy, well what has the political elite ever done for Greece, its own Government has lied, thus the present mess that is Greece. Time for the politicians of Greece to smell the coffee, get out of the Euro and grow up.

POTUS on the War Powers Resolution Act

President Obama has stated the following to Congress on the War in Libya, “ As I reported on March 21, and at my direction, consistent with a request from the Arab League, and as authorized by the United Nations Security Council under the provisions of U.N. Security Council Resolutions 1970 and 1973, U.S. military forces commenced operations on March 19, 2011, to prevent a humanitarian catastrophe and address the threat posed to international peace and security by the crisis in Libya and to protect the people of Libya from the Qadhafi regime. The initial phase of U.S. military involvement in Libya was conducted under the command of the U.S. Africa Command. By April 4, however, the United States had transferred responsibility for the military operations in Libya to NATO and the U.S. involvement has assumed a supporting role in the coalition's efforts. Since April 4, U.S. participation has consisted of: (1) non kinetic support to the NATO led operation, including intelligence, logistical support, and search and rescue assistance; (2) aircraft that have assisted in the suppression and destruction of air defenses in support of the no fly zone; and (3) since April 23, precision strikes by unmanned aerial vehicles against a limited set of clearly defined targets in support of the NATO led coalition's efforts. Although we are no longer in the lead, U.S. support for the NATO based coalition remains crucial to assuring the success of international efforts to protect civilians and civilian populated areas from the actions of the Qadhafi regime, and to address the threat to international peace and security posed by the crisis in Libya. With the exception of operations to rescue the crew of a U.S. aircraft on March 21, 2011, the United States has deployed no ground forces to Libya. ”. The one body that has not given the green light to the War in Libya is the US Congress, if this was Richard Nixon they would have impeached him by now. But as stated when it comes to the War Powers Resolution Act the Oval is right to dismiss it, it’s a hangover from the Watergate scandal. At the end of the day NATO must not be threatened due to internal political divisions within the US. But NATO has to win in Libya and fast, even Democrats are starting to turn on the Oval.