Gallup:Has a poll on the Republican race for President, today in the poll the front runner is Governor Mitt Romney on 34%, while away back in 2nd place is former Speaker Newt Gingrich on 15%, with Senator Rick Santorum just 1% behind on 14%. Folks this blog is going to take a risk, Romney is the Republican nominee, this blog would VERY surprised if Romney didn’t win South Carolina, or come in a close 2nd. If there are Republican Elders they should start to talk to the rest of the candidates in the field, time for them to get out of the race, they are helping Obama win re-election by keeping the race going for months.
Friday, January 13, 2012
Appeasing Iran - LIBERAL NYT
The New York Times: The liberal NYT writes the following in its editorial on Iran, “ There is another option besides force: negotiations with the United States and other major powers over curbing Iran’s nuclear program in exchange for ending sanctions and diplomatic isolation. ”. In other words folks Appeasing Iran, this should not surprise the reader, this is the same paper that covered up for Stalin, lets be honest if Israel was destroyed tomorrow by a nuclear bomb from Iran the bloated liberal NYT would find some way to blame Israel. The Oval or Administration Officials have leaked that POTUS has sent a back channel warning to Tehran, one can presume this was done to keep the NYT on board in case trouble should break out in the Persian Gulf. That the suppose paper of record should have learned nothing from its Stalin past and the failed policy of appeasement of the 1930s shows how out of touch this once might paper is at the present, shame of the NYT.
US warns Iran - Persian Gulf
The New York Times: Reports that the Obama Administration has warned the Tehran Regime through a secret channel that closing the Strait of Hormuz is a red line, any such closure and the US would react with military force. This was a mistake by the Oval, secret communications with Iran always ends badly, just look at Iran - Contra during the Reagan Administration. One would not be surprised if Tehran tried to play games with President Obama, Tehran it can be argued has worked out that Obama is worried that he will have another War in the Middle East, the liberal base of the Democratic Party was not happy that the US was part of the NATO mission to overthrow Colonel Gaddafi, they would not be happy for President Obama off all people to be fighting Iran. Thus Iran could offer concessions that look good at first, but end up with the US selling out Israel, that the problem with secret talks, they start out as one thing, Reagan thought he was talking to moderates in Tehran but it turned in to arms for hostages. The Oval should have followed the 2nd Reagan example, sending in the US Fleet, protecting tankers and taking on Iran, even sinking their ships and platforms, that’s the lesson of Iran that Obama should have learned about the Reagan Administration. Also if it’s a secret channel, what’s it doing on the front page of the NYT web site.
Greece and its Debt Holders
Guardian Live - Euro: Reports that the discussions between Greece and its bond debt holders are on the brink of collapse. It is reported in the UK Times that “ Hedge funds betting on a Greek bankruptcy now control significant chunk of its debt …” ( pay wall ) thus in their interest for Greece to go belly up as they get the insurance on any default. it’s a hash business model but you can see their point, Greece is going to go sooner or later, its just a matter of time, thus these hedge funds might as well make some money out of it, they do pay tax or their corporations and their workers pay a high tax, thus supporting the welfare state, it’s a vicious world folks.
France AA+ ? = Downgrade
Telegraph Live - Euro: Reports on rumours that France is going to be downgraded by the credit agency Standard and Poor’s ( S&P), thus France goes from AAA to AA+. This has been on the cards for some time folks, the French Government has for some time getting the French people ready for this downgrade, of course the ramifications are economic and political, it will cost more for France to loan from the markets, also its election year in France, it can be argued that the French President is on his way out, even with his polls raising, the same thing happened to the US, but there the US economy is not run by Germany. Thus expect the Markets on the Monday to go down folks.
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