Russia and the US - New Cold War ?

The Hill: Reports the following on the meeting between President Obama and President Putin of Russia at the G20 Summit, the article notes the following, " Mounting tensions between the United States and Russia were on full display ...The two leaders made little eye contact as they talked to reporters, and both men gripped their wicker armchairs tightly. Tense smiles were infrequent. ".

Lets Get Real:

When POTS was elected in 2008 he thought that Bush 43 had been to hostile with Russia, thus he wanted a new start, in that process he sold out Poland and the Czech Republic when it came to the placing of US missile defence on their soil, this was seen as a threat by Russia. The problem with this new policy was that it was WRONG, President Putin has KGB in his soul, what Obama saw as a new start was seen in Moscow as a President who could be pushed around, for selling out his Eastern Allies the Oval got nothing, now with Syria the Russians are funding a Cold War ally and have told the Oval to get lost. It is reported that that Russia is sending naval vessels and Russian Marines to defend their warm water Port. The Republican nominee Governor Romney is using the weakness of Obama over Syria as a way to show that Obama does understand foreign policy and is weak. The there will be Iran folks, expect Iran to increase the violence in Syria, they will want to divert the West from its nuclear plans, POTUS has shown that being a community organizer does not cut it to be POTUS. The sad part is that the people of Syria will suffer.

Iran is playing Games - Middle East Crisis

Guardian: Reports the following from Moscow of the latest talks between the Iran and the US and its Allies over Iran's nuclear ambitions. The article notes the following, " ..Iran rejects proposals from six-nation negotiating group and calls for easing of sanctions ".

Lets Get Real:

The Tehran Regime is playing games folks, its waiting out the clock in till it can declare that Iran is a nuclear armed power, then we will really have a crisis, thus one can expect that Israel before or just after the US Presidential Election will hit Iran, it can not wait for the West to take action, that will never happen, and it does not trust President Obama, no great surprise after the Obama White House leaked a Israeli plan to attack Iran. This blog would not be surprised to see Israel hit Iran sometime around October, this would force POTUS to support move or face the wrath of the Israeli lobby. Watch this crisis folks, Iran could use the civil war in Syria to divert the attention of the West from its own developing nuclear plans, they are that bloody and ruthless folks, watch for Syria to get more heated folks.

Spanish Bailout, Not IF but WHEN - Eurozone Crisis

Telegraph: Reports on the growing concern about Spain after the 2nd Greek election, the article notes the following, " Fears were also mounting about the health of the Spanish economy. A full-scale bail-out now appears increasingly likely. "

Lets Get Real:

A few hours after the 2nd Greek Election and the successful campaign of New Democracy we see Spanish Bonds remain at the 7% mark. The Markets took a dim view of the 100 billion euro bailout of the Spanish banks as this just added to the debt, also the bonds markets do not want to hold Spanish bonds if they are the last to get paid at the end of the day. Thus the Kingdom of Spain will need a Sovereign bailout, there will have to be tough strings, the local regional governments will have to be told that for a time they are no longer in charge of their budgets. This will go down like a lead balloon, but the EU has to be firm, as with Greece the EU will have to send in regulators to run the Spanish economy, the Spanish Budget will have to be approved by the EU and Germany. That is the only way that Germany will bailout Spain, also the German Chancellor has made it clear, the Greeks have to follow the austerity deal, tense days ahead folks.

President Obama's Job Approval and the Polls

Interesting folks, lets have a look at the job approval polls for POTUS, as usual we will go with the experts.

Job Approval Polls:

Gallup ( Adult Voters ): The tracking poll today has President Obama on 46% Approval, while 47% of Adult Americans Disapprove of the Obama record.

Rasmussen Reports ( Likely Voters ): Reports today that President Obama has a 46% Approval rating, while 53% of likely voters disapprove of the Obama record.

Lets Get Real:

Yes its early folks, but the Chicago Re-Elect Committee should be worried if POTUS stays on 46%, if this trends last then POTUS will join a very exclusive club, one term Presidents who failed to get re-elected. Lets not get ahead of our self's folks, the Chicago Re-Elect and its liberal supporters have not really started to throw their millions at negative adverts that will attempt to define Governor Romney, on the hand the Oval needs some good news on the domestic front, it can not afford for US Unemployment to go up again, if the Congressional Budget Office was right with its prediction that US unemployment will go up to 9% by November then the Oval is toast, that simple, the Oval will be dreading each month's stats , up and the Oval has a tough fight, down then its got a message, not a great message but least a clear message, don't change horses mid stream, its a very old political message, but you deal with what you have, that is politics 101.

Obama vs. Romney - The Polls

Lets have a break from the economic collapse in the EU, lets have a look at the 2012 race in the US.

Tracking Polls:

Rasmussen Reports ( likely voters ): Reports today in its tracking poll that Governor Romney leads President Obama by 47% to 44%, a 3% lead.

Gallup ( registered voters ): Reports today in its tracking poll that President Obama and Governor Romney are tied at 46%.

Lets Get Real:

One can postulate that both Campaign will not be unhappy with today's tracking result, neither is down enough to cause panic, both are about tied. The negative for both Campaigns is that neither has defined the other so far. The Romney Campaign has failed to define POTUS as a tax and spend liberal. While the Oval has failed to define Governor Romney as a ruthless businessman who does not understand main street. It can be argued that both Campaigns are waiting for the US Supreme Court to rule on ObamaCare, then one would expect the Campaigns to hit a higher gear. One has to be impressed with the Court, they have not leaked so far, they are doing the right thing, but a tease would be nice, its the waiting that is getting boring.