Romney vs. Obama - Pre Campaign 2012

The Hill: Reports that the Chicago Obama re-elect committee has in essence concluded that Governor Romney will be the 2012 Republican nominee. One can postulate that the Obama Team will try to run a 1996 Campaign of President Bill Clinton. In that election Clinton raised million of dollars and hit the Republican Nominee hard well before the usual US election cycle of campaign after the Party Conventions. But this is not 1996 folks, and Romney is very good at raising money, if Romney can win the nomination before the end of January 2012, he has to shift straight away in to Campaign mode, raise money, and reply to any Obama attacks, in essence the US voter will have eight months of a Presidential Campaign. God help them! This blog will love that, it’s a geeks delight, everyone else will be on anti depressants! That's the thing with modern US campaigns they never end, once elected, House, Senate, the Oval, they all have to raise money, campaign, its great.

The Iran Bomb Plot - Tehran Spin

The New York Times: Reports on the Tehran spin on their foiled terror plot, Iran has denied it was part of the plot, that is phoney charge by the US, and it’s a diversion from the US recession. In other words folks the usual spin out of Tehran, the question is not what the UN or SA does but what will Obama do, lets give the President his due, he has tried to talk to Iran, and what has it got him, he is not respected in Iran, and he not respected or feared in the Middle East, from Israel to Iran. Any other strong President would have ordered some kind military attack on Iran. Lets be honest folks, to plan to kill the Saudi Ambassador in the US is an act of War, thus a good reason to attack the nuclear facilities of Iran. The more the Oval looks weak, more of a chance that Iran will invade Iraq after the US leaves at the end of the year, this would be a disaster for the Obama Administration, it would really be finished, thus time for the Oval to grow a backbone, take action, and remember what the term POTUS, President of the United States means in foreign policy terms, it means power, informal to formal, its means military power, its means using that power, it means winning.

French Banks Safe - French Government

Guardian Live: Reports that the French Government has stated if French banks need to be bailed out the French Government will use its own resources not that of the EU. Lets postulate if your broke you not going to tell the Markets, thus what else do you expect the French to say, it really depends on how much Greek bad debt the French banks hold. This blog would not be surprised to see Paris go to the EU at a future date. All banks are inter - linked folks, if French banks go down, they could take down the EU.

50% Write off for Banks - Greece

Telegraph Live: Reports that EU banks are expected to go from a 21% write off of Geek debts to 50%. Thus French Banks will needs Government help as not to lead to French banks defaulting, also as the Greek debt goes beyond France other Governments will have to make 100% sure that their banks don’t hold bad Greek debt. Also one can presume that these debts are insured with the US banks, so might the Obama Administration need a 2nd banking bailout. As the article notes the lack of details is worrying the markets, thus the biggest threat to the UK economy ever, as stated by the Governor of the Bank of England.

Unemployment 17 Year High - Coalition Government

BBC News: Reports that UK unemployment is at a 17 year high, at 8.1%, that 2.57 million people. This is not good news for the Coalition folks, but it should be expected, this year is going to be hard folks, the Coalition cuts have not started to hurt yet, it can be postulated that unemployment could reach over three million. The Coalition has to keep its nerve, the good days are over folks, its going to be hard, cold and grim out there, the Governments welfare reform can only work if there are jobs out there, you can force people in non jobs, thus the reform might become a casualty of events, the Trade Unions are voting for a UK General Strike, the Greek Unions have opposed the cuts of the Greek Government but have not reversed the course of the Greek Government. In fact the Greek Government might need even tougher austerity measures to keep the EU/IMF/ECB happy, the Guardian reports that massive protests are expected should new cuts be bought in by Athens. Thus the Coalition should expect not to be popular for the next year and half.

The Iran Plot and the US

BBC News: Reports how the US had blocked a plot by Iran to assassinate the Saudi Ambassador in the US Adel al-Jubeir. And what has the Obama Administration done about this attempt by Iran to carry out an act of terror on US soil, NOTHING, what is more interesting is this readout of a telephone call between the President and the SA Ambassador, “ President Obama called Ambassador Adel al-Jubeir of Saudi Arabia today to express the solidarity of the United States and Saudi Arabia in the face of the disrupted plot to assassinate Ambassador al-Jubeir in the United States. President Obama underscored that the United States believes this plot to be a flagrant violation of U.S. and international law, and reiterated our commitment to meet our responsibilities to ensure the security of diplomats serving in our country. He also underscored the close partnership between the United States and Saudi Arabia. The President also attended a meeting of his national security team this morning to thank them for their exceptional work in disrupting this plot, and coordinating closely among our law enforcement and intelligence agencies. ”. Read it carefully folks, there is no mention of Iran, the Oval sees this is a criminal case, many Americans could have been killed and Obama still cant bring himself to verbally attack Iran, how many times does Tehran have to kick Obama up the backside before he reacts, can you see any other President allowing Iran to get away with something like this, Tehran must be laughing its backside off, the push Obama and he moves back, one can almost say with 100% truth that JFK and Reagan would have had planes in the air by now, making Iran pay for its action, but then they were great leaders.

Obama on his failed Jobs Plan

President Obama on the failure of his Jobs Plan: The President states the following, “ ..But even though this bill contains the kind of proposals Republicans have supported in the past, their party obstructed the Senate from moving forward on this jobs bill. ” Of course does not mention that a few Democratic Senators voted against the plan. The President further states, “ Tonight’s vote is by no means the end of this fight…And we will now work with Senator Reid to make sure that the individual proposals in this jobs bill get a vote as soon as possible. ”. This was the end result anyway, the past few weeks has been about the 2012 Campaign, not about running the Country. The President cant seem to get away from the class warfare argument, “ In the coming days, Members of Congress will have to take a stand on whether they believe we should put teachers, construction workers, police officers and firefighters back on the job. They’ll get a vote on whether they believe we should cut taxes for small business owners and middle-class Americans, or whether we should protect tax breaks for millionaires and billionaires. ”. One does have to wonder does POTUS read the polls, the class warfare rubbish is not working, and supporting the anti Wall Street crowd is bonkers, feeds in to the image that Obama is the left of Castro. Why are clever people sometimes their own worst enemy.
　
　
　
　

The Republican Debate - Review

Thus the WINNER is folks, Governor Romney, he was polished, he knew his facts, he stressed his background in business, one can see him in a good debate with President Obama. The only political threat to Romney comes from Mr Cain, his 999 policy is easy to understand, its catchy and is something the voter can get his head around. The upside for Mr Cain is that he has never been a politician, of course its also his downside, although the US voter is tired of the professional politician, they don’t want to elect someone who has no idea about the political process, this could be a Mr Cain’s soft spot, its still not clear beyond his 999 policy what kind of Presidency a Cain Presidency would be, the Cain Campaign needs to broaden its scope, people will get tired of the 999 theme all the time! But tonight a good debate for Romney and Cain. The loser was Governor Perry, he didn’t shine, he almost came across as 2nd tier. It is really for Romney to lose the nomination.