Afghanistan Attacks = Tet Attacks of 1968

BBC News: Reports on the co-ordinated attacks by the Taliban on various locations in Kabul, the Capitol of Afghanistan, and other Afghan Provinces. This does recall the attacks by the Viet Cong on US Forces in Southern Vietnam in 1968, that lead to the downfall of a President. The mistake the NATO Allies have done is to set out a timetable for withdrawal, there is no reason for the Taliban to have serious talks with the Western powers, once they leave they can declare victory and start to hang their opposition, the West has to make it clear that it will leave enough forces in Afghanistan tot prevent the Taliban taking over, or what is the point of losing good and brave Soldiers for nothing in the end.

Do Dems HATE Mums ?

Guardian: Reports on the disastrous comments by Democratic Strategist Hillary Rosen that Mrs Romney had never worked a day in her life. This is what happens folks when people only talk to people they agree with or read something you the could have written, this is a gift to Republicans. What the elite Democrats have to understand is not ALL women work for the uber liberal NYT, not ALL women go out to work, a lot do but not ALL, working at home brining up a family is stressful and greatly undervalued on the whole. When it comes to issue of mothers that stay at home or work but also look after the family both have value, if your working that does not make you a bad mother, if you’re a single parent you have too, also these days families might need two pay packets coming in to the house. What this does show is that Ann Romney is a classy lady but has a great political heel, be careful Dems you just might have released the political weapon that gets Mitt Romney in to the Oval.

Spanish Banking Woes - Eurozone Crisis

Telegraph Live - Markets: Reports that Spanish Banks borrowed 316.6 billion Euros from the European Central Bank in March. Lets get real here folks, Spanish Banks are a clicking bomb within the Euro, the property bubble as with Ireland has sent Spain heading for the sewer of debt. The new Conservative Government in Spain have bought in eye watering austerity measures, but there is a problem is Spain, the banks have not really opened their books, also the Regional Governments are being stubborn with the lack of austerity. The cost of 10 year Spanish bonds are heading for that 6% over the cliff for borrowing for the Central Government. The EU/IMF has to have a plan for an emergency loan to Spain, also as with Greece, for EU inspectors to be placed in Spanish Government Departments to make sure that Spain follows its tough austerity plan. Its going to be a hot Summer in Spain folks, will be people go along with these measures or revolt.

North Korean Rocket Failure

BBC News: Reports that the North Korean Regime has confirmed that its attempted rocket launch has failed. Thus folks the Asian Region on the one level must happy, this is the 2nd failure to launch an ICBM by the Stalinist North Korean Regime, the question is how does North Korea react, it can be postulated that it will want to counter this failure, thus one can expect either a nuclear test or some kind of military confrontation between North and South Korea. One can guess, since North Korea is a closed society, that the Regime will go for the big bang, in other words a nuclear test, just to remind outside powers that it is a nuclear armed power. Of course the rocket launch could be a good way to spin this, the Regime could argued that the rocket failed due to secret moves by the US to shoot it down, total lies but the PR will be for home consumption. Lets see what the last Stalinist Regime in the world does over the next few days.

US Court vs. UK Parliament

Guardian: Reports that a US Federal Court has blocked a House Commons Select Committee from seeing documents that concern the UK’s role in rendition. One can see why Judge Ricardo Urbina ruled the way he did, the request was not an individual request it was from a branch of the UK Governmental system, a very low branch of the UK Parliamentary system. The Judge might be thinking why are they asking the US Government, why don’t they ask THEIR own Government. One cant wait to see former Labour Ministers having to answer some very tough questions from the Police, but then as stated this blog has predicted that this messy business will be thrown in the long grass, the Police have close contacts with MI5 through Special Branch, they need each other, this is a political argument. If there was another major terrorist attack in the UK the people would want answers from the terrorists, even torture, politics change, what was seen as illegal one day but comes Government policy the next day. This blog lives in the real world folks, even if our MPs don’t at the moment.

Spain and the Eurozone

Telegraph Live - Markets: Reports in its 12.55pm post that the new Spanish PM Mariano Rajoy has stated that Spain will not go to the EU, and in his words with its begging bowl. Lets see folks, Spain is in a mess, it has planned billions of cuts, its has the highest unemployment in the EU, and even the cuts planned by the new Spanish Government will not bring it down to the level just agreed by all EU Countries. It can be argued with some justification that Spain is heading the direction of Greece, can the politicians get the people to accept the tough German Austerity plan for the EU. In Greece there is going to be a General Election, from polls it seems that the pro austerity Parties are going to lose out to Parties that oppose the harsh austerity plan of the Coalition Government, also in France the French Left Candidate is promising massive Government spending and tax hikes that would make you eyes water, thus the rich French are going to come over to the UK, its 45p in the pound for the higher tax payers. If the French left are elected expect France to be the next target of the bond market. The economic cliff could not be that far away folks, France might take down the Euro and the EU.

The Last Messages from the Titanic

BBC News: Reports that the BBC’s World Service is to broadcast the messages form the Titanic, although the original messages were in Morse the programme will use a mechanical voice for the messages. This should be interesting folks, as the article notes Morse was the Twitter of its day, the latest in technology, lets recall Morse was used to catch a well known Edwardian killer who tried to escape the UK via Ship. As recent events have shown in Italy, even the latest technology cant prevent a Ship sinking. Lets never forget the main lesson of Titanic, never allow Hubris to make you think your God.