Tuesday, April 24, 2012

Netherlands and the EU

Guardian Live - Netherlands: Reports the Budget Crisis in the Netherlands, it has the following line, the PM of the Netherlands “.. it's not clear..secure the support he needs for the budget - which needs to be delivered to Brussels in a few days... ”.

Lets Get Real:

Think about this folks, a Sovereign Country needs to get approval from Brussels for its Budget, that the EU could say NO, and even fine that Country if it does not like the Budget. The EU Elite if they are careful might find they get the boot, the downfall of so many EU Governments has shown that the voter is not buying the German idea of how to get a successful economy, that is cutting spending. The Welfare State as noted many times in this blog could kill the EU. The general population of the EU since 1945 has been bought up wit the idea that the State will take care of its Citizens from birth to death, the problem is that its very success is killing the golden egg, the vastly improved health services means that people live longer, people don’t have to retire, thus less jobs for younger people, then we come to the bankers, they were the final nail in the coffin of the EU. It will fall folks, there is to much debt, its just a matter of time.

Lets Not Forget Greece - Euro Crisis

Telegraph Live - Euro: Reports in its 10.45am post of this morning that the Greek economy will contract by 5% this year not as expected 4.5%.

Lets Get Real:

Thus folks we have seen the 1st round loss of President Sarkozy in France, the Netherlands Government has fallen, the Markets go up and down with no real logic. The central question is what is Germany going to do, the common view is that Germany should back the development of Euro bonds, the term back means to underwrite folks. Thus in essence Germany would be on the hook for the debt of Europe. That has not gone down well in Berlin, the other solution is for there to be a Central European Government, a real Government with a President, Cabinet, the ability to raise taxes etc. That wont get through in many EU Countries. Thus folks we are left with one option, the Euro has to be scrapped, the problem as often stated that it would cause havoc, lets GET REAL HERE, how many Governments need to fall before the EU Elite get the message, its OVER. The Euro dream is turning in to nightmare, and the winners are the extreme left and right. Before Europe repeats the mistakes of the 1930s it has to bite the bullet, admit the Euro dream is dead and create a new system, otherwise it will destroy itself.

The End of the Republican Race

BBC News: Reports that the presumptive Republican Nominee Governor Mitt Romney is looking to win in “ New York, Pennsylvania, Connecticut, Delaware and Rhode Island ”.

Lets Get Real:

This race was over when Senator Rick Santorum suspended his Presidential Campaign, this is a matter of form, the election process reaching its end. The Romney Campaign has to direct 100% of its strategy to the General Election Campaign. It could be argued that Romney should be bold, it’s the custom to announce the VP choice at the National Convention, it can be argued that Romney should go early, and pick a woman, that would finish any idea that the Democrats have of saying that Republicans are at WAR with women. On the other hand as the article notes, there is great speculation that the Florida Senator Marco Rubio is at the top of the VP list, as this would help with the Latino vote. Thus the Campaign after a deep background check of Rubio and if it is clear should pick him and take the fight to the Oval. Those who dare win folks.