54% Disapproval for President Obama = Rasmussen

Rasmussen Reports: On its latest daily tracking poll of likely voters, the latest has President Obama on 46% approval and 54% disapproval. This is not good news for the White House folks, Obama needs to get independents back before 2012 or he will be a one term President, not great club folks, at present there are two living Presidents who have one term, first in that club is Jimmy Carter, and the second is Bush 41. It can be argued that since Bill Clinton’s successor was Bush 43, the one term of Bush 41 is slightly mitigated. Thus POTUS needs to get independents to look at him again, he needs a domestic policy that gets votes, thus far not a lot of success in that area for Obama, his economic stimulus failed and ObamaCare is hated, thus Obama should start with tax cuts, its good politics and good economics. But POTUS does not listen to advice, thus one term President.

Germany defeated by France = Greece

Guardian: Reports that Germany has given up the idea that Banks be forced to be part of any bailout of Greece, the plan was opposed by France. The idea by Germany that banks should be forced to give money to Greece was indeed a way to take the Euro over a cliff. The banks of Germany and France hold the majority of Greek debt, any more that these banks could go over the cliff. Lets be honest folks any loan is a bad idea, its good money thrown in to the sewer, any bailout will have a short term effect and move the problem down the road. What happens when the 2nd Greek bailout fails, how much more money will it take before politicians see the truth, Greece needs to either leave the Euro or get kicked out, then start afresh. Why cant politicians say the got it wrong about the Euro.

IMF and the US

Telegraph: Reports that the US has been warned by the IMF to get its act together when it comes to its fourteen trillion debt and going up. Who would have thought that the US would be the same club as the UK was in the 1970s, will the IMF have to take control of the US economy, demand deep cuts, only half joking folks, that's how bad the Obama economy is at this moment in time. Is Greece of today the US of tomorrow.

Death in Afghanistan

MOD: Reports that a second Soldier was killed on Thursday in Afghanistan, the Soldier was from the “ Parachute Regiment ”. Thus since 2001 the UK has lost 373 of its Armed Forces Personnel in Afghanistan, of that total it has lost 329 in combat action and 44 due to illness, accidents or other incidents.

Reshuffling the Deck Chairs on the Titanic - Greece

BBC News: Reports that the Greek Prime Minister George Papandreou has done a Cabinet reshuffle. According to the article this will mean that the EU/IMF will give Greece a top up from the 1st bailout out, in other words folks the politicians of Europe don’t have a clue. They are throwing rather good money down the toilet, Greece is drug addict, its time for cold turkey, not free drugs at the cost of the taxpayers of the France and Germany. Lets be clear, Greece will crash, its just a matter of time, the politicians of the EU are putting the European Union at risk, Greece is a contagious, it has economic HIV and will give Aids to the rest of the EU. One cant blame the Greeks, if the EU/IMF is throwing money at you, your going take it, the EU is a drug dealer and Greece is its customer, those relationships don’t end well folks.

Death in Afghanistan

MOD: Reports that a UK Soldier was killed on Thursday in Afghanistan, the Soldier was from the “ Royal Electrical and Mechanical Engineers, serving with the Royal Scots Dragoon Guards ”. Thus since 2001 the UK has lost 372 of its Armed Forces Personnel in Afghanistan, of that total it has lost 328 in combat and 44 due to illness, accidents or other incidents.