YES Bailout for Ireland

BBC News: Reports that Ireland has finally gotten around to asking the EU/IMF for a bailout of its banks and Government deficit. Thus the question that has to be asked will this cure the problem or just place a very slight plaster over the economic wound of Ireland, how much will the UK have to give Ireland, the sum goes from around 7-8 billion pounds, all those savings from the Coalition cuts will go to Ireland, it’s a funny old world folks.

The Dirty Politics of the 1960 Election - JFK

BBC News: Andrew Marr looks at the dirty politics of the Kennedy Machine in 1960 from Kennedy’s win of the Democratic Nomination to the fight against Nixon. If you read all the books about the Kennedy and Nixon feud you can understand why Richard Nixon on one level envied JFK, the charm, the charisma etc but also hated him, lets be honest JFK didn’t invent dirty US politics but he did make it a science. Also there are the mob connections and the 1960 Democratic fight, its there but very hard to prove, but its interesting folks and we are still taking about the race, even Kennedy and Nixon would have liked that outcome.

Afghanistan Front News

MOD: Has announced the name of the British Soldier that was killed last Wednesday in Afghanistan, the Soldier was “ Guardsman Christopher Davies, from the 1st Battalion Irish Guards, serving with Combined Force Nahr-e Saraj (North) ”. Our thoughts are with the family of Guardsman Davies.

Terror Trial Failure - The Obama Era

BBC News: Reports that the first terrorist from the Guantanamo Prison tried in US Civilian Court has been found guilty of only one count out of 286. This is a massive failure for the Obama Presidency, there are only so many defeats President Obama can take before he faces a challenge for the Democratic nomination in 2012. The NEW ERA of Obama that looked to place suspected terrorists in the US Civilian Court System has to come to an end, the Obama Administration has to place terrorists in Military Courts, what if this first Guantanamo Prisoner had been found not guilty of all the charges, Obama could have faced Impeachment by the Republican House in January, but in some respects Obama has been lucky one charge has worked but Obama cant count on that for the rest of the prisoners, thus POTUS should state that all those at Guantanamo will be tried by the US military and then the key will be throw away, Obama has to get tough or he will make Jimmy Carter look like a leader.

Death in Afghanistan

MOD: Reports that a UK Soldier was killed on Wednesday in Afghanistan, the Soldier was from the “ 1st Battalion Irish Guards serving with Combined Force Nahr-e Saraj (North) ”. Thus since 2001 the UK has lost 345 of its Armed Forces Personnel in Afghanistan, of that total it has lost 304 in combat operations and 41 due to illness, accidents or other incidents.

UK BAILOUT of Ireland ?

The Daily Mail: Reports that the UK could make direct loans to Ireland outside the EU/IMF loans. In many respects as the article points out if Ireland goes belly up then the UK will be in a major economic depression, the UK has billion pounds invested in Ireland, if the Irish default the UK taxpayer takes a major hit, but if we bailout out Ireland it can be expected that the Queen is given a great welcome should she visit Ireland next year, also what about making Prince William King of Ireland, that’s worth a few billion off the interest for the loans, if we charge Ireland any interest, as we cant afford Ireland to go broke the money will be given on the idea that the UK taxpayer never gets it back, thus expect a great supportive turnout next year for the State Visit of the Queen.

The Debt Markets vs. Ireland

Telegraph: Reports that the economic markets are not impressed by the stalling tactics of Ireland. It could get a lot worse for Ireland if it delays with the EU bailout of its economy, and more important for the UK it could cost the UK taxpayer more if the Irish have to be bullied in to taking the bailout. Its ironic but by stalling Ireland could have a very serious effect on the economies of Portugal and Spain, they could go over a cliff. The Irish should take the money and get over the political humiliation, the UK in the 1970s went through a similar process with the IMF, you learn your lessons and move on.