20% of the American Workforce OUT OF WORK - US Election 2020

BBC News: Reports " Coronavirus: US unemployment claims hit 33.3 million amid virus "

Lets Get Real:

A recent approval poll had President Trump on 43% approval, in all his numbers have not gone down, ONE HAS TO ASK WHY.   The US is heading in to another Great Depression Part 2.  The Biden Campaign should be miles ahead of Trump, it leads in the battleground States but only by a few points.  The former VP must select the right VP choice, it has to be a woman, a fun persona, and ethnic.  If Biden selects the right candidate he has the White House in his hands, pick a wrong one and it could be a disaster.   Let's recall President Hoover was a one termer because it was seen that he had not done enough during the Great Depression, FDR bought with him hope, the US needs HOPE not WOKE.  If Biden losses this election, then it would be a disaster for the US, him winning might not be a great thing, at least he is not Trump.

When YOU Appease - Syrian Crisis END

BBC News: Reports on a French plan for a UN Resolution that would place WMD of Syria under international control backed up by the threat of force. 

Lets Get Real:

Thus folks as in the 1930s we see the West following a policy of appeasement when it comes to Syria, the Oval jumped on the Russian plan for the WMD of Syria to be taken out of the control of Assad, of course its rubbish, the Assad Regime knows that if it losses the Syrian Civil War it will be hung from the nearest lamp post, thus it needs WMD as its final defence, as stated in my tweet last night, the winners of this game are Syria, Russian and Iran.   As noted last night on the 24 news channels the Obama Oval will have to deal with Assad, you have a Civil War in Syria, what will Russia and Syria demand in return, that the West stops funding the rebels, that Russia is allowed to place troops in Syria to protect the chemical weapons, you get the idea folks.   The Oval will be tied to Assad and Russia, they can cause a crisis for Obama at any time, thus THE Obama Oval will be at the political mercy of Russia and Syria.   In less something major happens, and it can with Syria, this crisis is over for now, the West has lost and it will pay a price, that price is THAT Iran goes for the bomb, when that happens folks Syria will look a tea party. 

The Financial Cliff - 72 HOURS to SAVE US

The Hill: Reports the following from the Republican House, " ..one party leader saying the “next 72 hours are critical” for President Obama to show he wants an agreement. ".

Lets Get Real:

The Republican House leadership have already show their hand, they will give the Oval tax hikes, the Oval's 1st plan was tough, it was not about compromise, the Republicans gave up without a fight.   In Chicago you bluff hard, then cut a deal, not give up your prized agenda at the first go, lets hope the Republican leadership for their family's sake do not play poker, they are terrible at the art of the deal.   Let the Oval own the recession after the US goes over the cliff, who recalls House leaders or members from the Great Depression, NO ONE, everyone recalls President Hoover.  Thus the Republican House leadership have let down their Country, Party and the agenda of the great US President Ronald Reagan.  SHAME ON THEM. 

The Crazy World of the Markets - Eurozone

BBC News: Reports that World Markets spiked up on the idea that EU leaders will come up with a real plan for the Eurozone Crisis. These people really need to find a dark room, and lot of tea, and think this through, what over the past couple of moths would tell you that the EU could find a way out of a paper bag, one can postulate that a rumour has been floated out either by Government or private investors to either raise the confidence of the market or to make a quick buck. What if there is NO plan, it seems as if the Markets are afraid to look over the cliff, this really does recall 1929 folks, the start of the Great Depression.

Ireland and the Euro Crisis

BBC News: Reports that Moody’s the Credit Agency has downgraded Irelands debt rating to junk. As with Greece it looks like Ireland will need another bailout, of course the UK taxpayer will have to get his/her wallet out again! A second UK bailout to Ireland should come with strings, tight strings, or we should allow Ireland to go to the wall. Of course if Italy and Spain go then it does not matter, its over, Great Depression Mark 2, its on the horizon folks.

Eurozone Banks Default ? and UK Banks

Telegraph: Reports that big UK banks have withdraw money from the Eurozone due to the fear that Greece will go down the toilet and take European Banks with them, hence UK Banks would not get their loans back. It starts folks, as the article notes this has happened before, the article states the following, “ …reminiscent of the build-up to the financial crisis in 2008..”, as German and French banks hold the majority of Greek Debt these banks would require a major bailout by their Governments. It can be argued that that the UK banks smell the blood in the water, they don’t want to get bitten by the Great White Shark that is a Greek default. The economic and political elite still don’t get the fact that the Euro could cause another financial crisis, aka 1929, 2008, the debt level is jut off the chart, there is no way Greece can pay back its debt, the adding of more loans will only place a very light plaster on the wound that is Greece, lets be clear Greece has to get out of the Euro, otherwise it will bring down the House of Cards that is the EU. A Greece out of the Euro, could start, afresh, it would have defaulted on its loans, then the EU/IMF could give money that could be paid back over a much longer period, otherwise its just very good money down the toilet. Why do the elite not smell coffee, are they willing to sacrifice the EU over the failed Euro. When you make a mistake you say admit and move on, otherwise you make the same mistakes and never learn.

Ireland and Portugal, What about Spain ? - BAILOUT

The New York Times: Reports that both Ireland and Portugal might need to be rescued at the same time, also Spain as a major problem is on the horizon. This is getting ridicules folks, when does the EU say NO and allow a Sovereign Debt default, if your throwing good money down the toilet there will come a time when there is no money to misquote a former Labour Minister. The bad EU banks should be allowed to go broke and then those Countries economies should be run by the EU. Thus EU would decide the Budgets of these countries, as they are far away the political pressure wont be the same, they can be drastic, its time for the tough medicine folks, those black and white images of the Great Depression of the 1930s does come to mind.