New Poll - Romney Lead

The Hill: Reports on a new CBS/NYT poll of a match up between Romney vs. Obama. In the Poll Governor Romney leads President Obama by 46% to 43%, a lead of 3%.

Lets Get Real:

This is not good for the Chicago Re-Elect Committee, those in charge have to take the view that Obama's support for same sex marriage has really hurt him, thus they need to stress the point that Obama only supports the States passing different laws on the subject. The Oval has to make clear that it will not support any Federal Law that forces States to accept gay marriage. If the Oval does not do this fast it is heading for political disaster. Lets get direct here folks, the voter has had ObamaCare struck down its throat, even after poll after poll said that the US voter did not want ObamaCare, the Oval pushed it through anyway, well lets be honest here folks, the Oval is not trusted. The worry by those that think gay marriage is wrong and marriage should just be between a man and woman will raise the argument that Obama in 2nd term will push to enforce the liberal view of gay marriage, against the majority view, thus the Oval needs to get trust back, thus above, its not fair when it comes to the issue, but politics is not about fair, its about winning.

Obama and the Polls

Here is a look at President Obama's job performance Polls:

Gallup Tracking Poll: In today's poll President Obama has a negative rating, Obama is on 45% Approval, while 48% of adults Disapprove of the Obama record.

Rasmussen Reports: In today's poll President Obama also has a negative rating, Obama is on 47% Approval, while 52% of likely voters Disapprove of the Obama record.

Lets Get Real:

I think its a fair argument to make that President Obama's coming out in support of gay marriage is hurting him in the polls, it does not matter what side you support, this blog could care less, its how the process effects the politics on the ground. As noted by the Hill US Senate Democrats in Conservative States are keeping well out of the subject, it easy if your in a liberal State to come out in support, not so easy if you fancy getting re-elected, that's the problem when you have someone like VP Biden as your Vice President, the VP forced Obama to come out on the subject, the Oval didn't have the time to get his supporters ready and see what the reaction would be, this is why the Oval should consider dumping Biden and getting Hillary Clinton on the ticket, the Secretary would never get in to this kind of political mess, she is to smart. As to get off the issue the Chicago Re-Elect Committee has gone to attack the business record of Mitt Romney, but it has forget one thing, in the film Wall Street, the audience on the whole supported the villain of the piece, the venture capitalist not the hard working trade union worker, as played by the great Martin Sheen, people in the US want to make money, that's always the lesson Democrats fail to learn. Lets see the polls over the next few days, weeks, months folks.

Greek Cash and Greek Banks

Guardian Live - Greece: Reports that in its 6.18pm post from Bloomberg reporting that over seven hundred million have been taken out of Greek Banks since the May election.

Lets Get Real:

This is not new folks, various papers have reported that the good people of Greece have been stashing their cash outside Greece in the event of a Greece default and Greece returning to its original currency. Thus folks one can expect a run on Greeks Banks up to the next election, also expect people to leave taking their most previous belongings with them, if your Greek and can leave its time to get on your horse, Greece has dark days ahead folks, one can see Greece out of the Euro within a few months if not weeks. Also one would have to say one can see some kind civic disorder in Greece, also a negative one can see the Neo Nazi Greek Party getting more Seats in the Greek Parliament. Thus Democracy vs. the EU folks, will the Country that gave the world Democracy be a Democracy in a few months time, will the military take over, its not out there folks, difficult and hard times ahead for Greece, the tourist trade is going to fall over the pier, would you go to a Country that is falling apart, Athens could see civic disorder, armed gangs, lets hope not but one can not assume a peaceful way out for Greece, the Classic Greeks would weep folks.

IMF and Greece

Telegraph Live - Greece: Reports in its 4.34pm post that the head of the IMF Christine Lagarde has stated there are plans for a Greek Exit:

Lets Get Real:

Of course the IMF and the rest of the EU has plans for a Greek exit, one would not be shocked if these plans were created months ago just in case the Greeks came to this point. One can even postulate that the two bailouts given to Greece were a plan to delay this moment in till the EU was ready to take such a shocking event. The question is what will be the contagion to the rest of the EU banking system, will Spain with its own problems be in need of a bailout, the general view is that Spain is close to asking for such a bailout. A Greek default could just push Spain over the edge, it would depend how much Greek bonds are held by Spanish banks and can the Spanish Government cover their losses. Dark days ahead for Greece and Spain folks, and Italy is not out of the woods either, over 20 of their banks have seen their credit downgraded. Lets see who is next to fall of its perch, Spain, Italy?

New Greek Elections

BBC News: Reports on the failure by the Greek Political Parties to form a Coalition Government, there will be new elections either on the 10th or 17th of June.

Lets Get Real:

Thus folks it will be down to the birth place of Democracy to decide the fate of Greece in the Euro and in the EU. The Greeks have two simple choices, either follow through with the agreed deal between the Greece and EU/IMF/ECB when it comes to austerity or leave the Euro. The EU should not fudge, it should make clear to the Greek people that it does not matter what their local politicians say that is the choice they have, there is no way that Germany will blink and say they will just give more money for Greece and Athens does not have to pay its debts, the German Coalition Government would fall, also it might be against German Basic Law, the Germans recall the fate of the Weimar Republic, that fell due printing money and high inflation.