The Woes of Spain and the Markets

Guardian: Reports that European Stock Markets have fallen by over 2% today. Thus folks Europe needs growth but this cant be down with Government spending, PIIGS are broke, today in Europe is in the AGE of Austerity, thus this will increase welfare spending, thus more debt, thus the bond market will smell out a weak economy and go in for the kill, go and ask Greece, Ireland and Italy what that feels like to the native politicians, that means losing political power. It can be argued that the EU faces a decade of austerity, high unemployment, low to no growth, a high rate of young people on the dole, the older generation will have to work post 65, lets cut the BS folks, if your in your late 30s or 40s NOW, you will be working in till your 70 or 75, just get over that fact. Its going to be a hard and tough decade folks, lets hope Prozac is cheap.

Spain IN Pain - Eurozone Crisis

Telegraph Live - Spain: Reports the following on this mornings Spanish bond sale, “ ..hoping to get away €3.5bn, but only found buyers for €2.59bn - and had to pay higher rates than in previous sales, at 5.338pc. ”. Thus folks if Spain goes down the toilet so does the Euro and the EU could be next, if Italy or Spain need a bailout, or both do then its game over folks, the EU/IMF does not have the money or the political will to save both economies. After all the worry about Greece, it could be the liver of Europe that goes dodo, ( if France and Germany are the heart of Europe, you can follow this example, the Spanish and the Italians like their food and wine, they just might have eaten enough to kill their liver ). Lets see EU politicians waffle though another crisis, endless meetings, endless near death experiences. That is EU politics folks.

Obama vs. Romney

The Obama Campaign is following the 1996 Bill Clinton playbook, define your opposition before they can define themselves, thus the above attack advert. This is why the Republican Race has to come to an end, if the Oval can define Romney before Romney can finish the Republican Race then he is a loser. Its that simple and brutal folks.

Good Night for Romney - Three WINS

BBC News: Reports on Governor Mitt Romney winning Maryland, Wisconsin and the District of Colombia in the Republican Nomination fight. Folks this fight is over, as this blog stated last night in its tweets its time for Senator Santorum to start thinking of 2016, if Romney does lose against President Obama and that lost is seen in part due to the long fight with Santorum it will be hard for Santorum to get the nomination in 2016. As Speaker Gingrich does not matter in electoral terms it does not really hurt him either way, in or out, one cant see Gingrich running in 2016. The Republican Party has to come together to support Romney, its going to be a Chicago no hold fights folks, the Chicago political mob play dirty, time for the Republicans to stop firing at each other and start to take on President Obama and his Administration.

Respecting the Supremes = POTUS

The Hill: Reports that President Obama has stated after attacks by Republicans that will respect the Judgement of the US Supreme Court when it comes to ObamaCare. This blog is still surprised that the result has not leaked it, you would think in many respects, in the small social circuit that is Washington D.C that the verdict either way would have come out. Lets postulate and its only a guess folks, that the Supreme Court has revoked the individual mandate but kept the rest of ObamaCare, that moves the problem to Congress. Lets be clear the Republican House wont do a d-m thing to support the rest of ObamaCare, as for the Democratic Senate the Democrats want to keep control of the Senate, thus they wont want to deal with the issue. Thus ObamaCare might be sent to the gulag, and everyone from the Oval down wishing it would disappear and be forgotten.

The Pivotal State of Wisconsin - Republican Race

The New York Times: Reports on the heated election contest in the State of Wisconsin, and how Governor Romney leads Senator Santorum in the Polls of the State. It is really time for Senator Santorum to think of 2016, lets get real here folks, Governor Mitt Romney will be the 2012 Republican Nominee, if Romney is defeated and it is seen in part because of the long Republican Race then Santorum and to a lesser extent Gingrich will be blamed. These two are giving political arrows to the Obama Campaign, its time for them to get out and support Romney. Lets not forget that the real opposition is President Obama, every day that the Republicans attack each other, the more likely that Obama will win re-election and change the USA to picture the welfare States of Europe. Lets get Chicago real here folks.

President Obama in HIS OWN WORDS = ObamaCare

The White House: Transcript. The President stated the following on the US Supreme Court and ObamaCare, “ With respect to health care, I’m actually -- continue to be confident that the Supreme Court will uphold the law. And the reason is because, in accordance with precedent out there, it’s constitutional. That's not just my opinion, by the way; that's the opinion of legal experts across the ideological spectrum, including two very conservative appellate court justices that said this wasn’t even a close case.I think it’s important -- because I watched some of the commentary last week -- to remind people that this is not an abstract argument. People’s lives are affected by the lack of availability of health care, the inaffordability of health care, their inability to get health care because of preexisting conditions.The law that's already in place has already given 2.5 million young people health care that wouldn’t otherwise have it. There are tens of thousands of adults with preexisting conditions who have health care right now because of this law. Parents don't have to worry about their children not being able to get health care because they can't be prevented from getting health care as a consequence of a preexisting condition. That's part of this law.Millions of seniors are paying less for prescription drugs because of this law. Americans all across the country have greater rights and protections with respect to their insurance companies and are getting preventive care because of this law. So that’s just the part that's already been implemented. That doesn’t even speak to the 30 million people who stand to gain coverage once it’s fully implemented in 2014. And I think it’s important, and I think the American people understand, and the I think the justices should understand, that in the absence of an individual mandate, you cannot have a mechanism to ensure that people with preexisting conditions can actually get health care. So there’s not only a economic element to this, and a legal element to this, but there’s a human element to this. And I hope that’s not forgotten in this political debate. Ultimately, I’m confident that the Supreme Court will not take what would be an unprecedented, extraordinary step of overturning a law that was passed by a strong majority of a democratically elected Congress. And I'd just remind conservative commentators that for years what we’ve heard is, the biggest problem on the bench was judicial activism or a lack of judicial restraint -- that an unelected group of people would somehow overturn a duly constituted and passed law. Well, this is a good example. And I’m pretty confident that this Court will recognize that and not take that step. ”. Read the Capitals words folks, my emphases, that the important part of the attack on the US Supreme Court.