Gingrich Leads Republican Race - Gallup

Gallup: Reports on its latest poll of Republican voters, New Gingrich 28%, Mitt Romney 24%. Thus former Speaker Newt Gingrich still leads folks after the last Republican Debate. But its close between Gingrich and Romney, it comes down to Iowa folks, if Gingrich can win even without a big field operation and get close to Romney in NH then he can win the Southern States. On the other hand, if Romney can win Iowa or come pretty close, then win BIG in NH and bounce that down to the Southern States the race could over by January. That’s how important Iowa is folks, also lets not forget Ron Paul, if can win Iowa, this could be a body blow to the Gingrich Campaign, as Romney will win NH and form there the Southern States. Lets see what the Iowa voter do folks, they actually defeated Ronald Reagan, yes folks it did happen in 1980.

Payroll Tax and the Republican House

The Hill: Report that there are doubts that the agreed deal on the Payroll tax can get through the Republican House. This blog would be very surprised if not enough Republicans and Democrats don’t pass the deal, the deal only lasts for two months, gets them through Christmas, but that is the problem folks. The Republicans want the issue off the table, a longer deal and no tax hikes, the Democrats want it as an issue, also Obama’s class warfare rhetoric is based on playing to the base. Prediction folks, on the whole, it will pass, but it might be close, and it could fail. That’s what makes US politics interesting folks.

France and that Credit Downgrade ?

Guardian: Reports on the expected French downgrade, “ could be stripped of its triple-A credit rating before Christmas, raising new doubts about the survival of the euro.. ”. Thus folks it will be interesting to see how the Asian Markets react to the latest from the Euro crisis, the Stock Markets seem to be treading water, thus blog would not be surprised to see another Emergency EU Summit just after the start of the new year, the French elite will go bonkers if France is downgraded, as any downgrade will cost the French Government more to borrow from the markets and affect their ability to fund the bailout fund. The Euro is such a mess folks, how many billions have been throw to bailout the PIIGS, at what point will Europe find a leader like PM David Cameron who will say NO, no more, secure banks, YES, but lets PIIGS go, then the Euro just might have a chance, and even then its 50/50 folks that the Euro will get through, more fun ahead folks.

The Cameron Bounce - Poll

The Sunday Telegraph: Reports a new poll that’s shows that the Conservatives have had a bounce from the PM Cameron’s veto of the new EU Treaty, the Conservative Party is on 40%, Labour 34%, and the Liberal Democrats on 14%. The Conservative Party should enjoy this poll, next year is going to be hard folks, it is expected to be worse that Lady Thatcher’s first two years in power, the Euro could fall apart, or worse it could stay together and its push for austerity in the EU could show major retractions in all EU Countries, the Irish economy took a surprise hit, thus expect more bad news next year folks. The Labour Party under Ed Miliband should be 10 to 20 points ahead next year folks, if not Labour has a problem, if Ed Miliband can not get his game up then Labour will have to look for a new leader. The Liberal Democrats have to be careful, if they bring down the Coalition over Europe they face a General Election, then political oblivion. A rough year ahead folks.

Obama 41% Approval - Gallup

Gallup: Reports on its daily tracking poll on the job approval of POTUS, today President Obama has a 41% Approval rating, while 51% Disapprove of the Obama record. Folks this not good, it less than 10 months before the November poll, you would think that with the drop in the unemployment rate and the withdrawal of US troops from Iraq that POTUS would at least be able to get over 45% in the Gallup poll. The question does President Obama want to win, if he does he has to change his political strategy, playing to base will not work, he has to get Independents back, they have run from Obama, with the passing of ObamaCare the President it can be argued broke faith with the US voter, who they elected in 2008 in effect conned them, that does not go down well, Obama was seen a liberal Reagan, but the Gipper was pragmatic, he was willing to deal, Obama used the Democratic control of Congress to pander to the base, thus the present bad polls, Obama has to turn right or he will be Carter Mark 2.

Obama and Class Warfare - Payroll Tax Cut

The White House: Remarks by President Obama on the two month extension of the payroll tax. The President folded when it came to the payroll tax folks, he wanted to tax rich people to please his extreme left wing base, even after the Congress passed the extension minus his rich tax, Obama cant let it go, the President stated the following, “ So I'm very pleased to see the work that the Senate has done. While this agreement is for two months, it is my expectation -- in fact it would be inexcusable for Congress not to further extend this middle-class tax cut for the rest of the year. It should be a formality. And hopefully it’s done with as little drama as possible when they get back in January. …..There are plenty of ways to pay for these proposals. This is a way to boost the economy that has been supported by these very same Democrats and Republicans in the past. It is something that economists believe will assure that the economy and the recovery is on a more stable footing than it otherwise would be. And my preference, and the preference of most Americans, is that we ask the wealthiest few Americans to pay their fair share and corporations to do without special taxpayer subsidies to cover some of the costs. But I think that it's important for us to get it done. ”. It seems that 1984 Presidential Election passed POTUS by, in his convention speech former Vice President Walter Mondale stated he would raise the taxes of Americans, he lost by 49 States, 59% of the vote and 525 Electoral votes. The US voter does not want to tax the rich, he or she wants to become rich, only a elite out of touch, and as Democrat Congressman stated, arrogant President would not get that fact, one really thought Obama was a grown up, but I guess he forgot that teachable moment from 1984.