Bad Day on the Markets - Eurozone Crisis

Telegraph Live - Euro: Reports that US and EU Stock Markets fell today, as Spain officially asked for a a bailout and the EU Summit on Greece this week will start without the the new Greek PM Antonis Samaras and the new Greek Finance Minister Vassilis Rapanos who fell ill and has resigned.

Lets Get Real:

This is train wreak is heading in one direction folks, that is a major crash, the EU can only work with one government and one tax system, anything else is just changing the deck chairs on the Titanic, the Germans want to control the Budgets of the EU if they are going to fund this mess, the rest of the EU has small thing called democracy, the voters in these countries are not going to give up democracy as to please Berlin. The US is to much in debt to help, thus do not expect much help from the Obama Oval. The new Italian PM said the the EU had a week to save the Euro, well that week as gone, not master plan yet folks. The EU leaders have to get over the fact that the Euro was a bad idea, or they face taking the EU down with the Euro. Nothing last forever folks, NOTHING.

Syrians SHOOT at Turkish Plane - 2nd Time

BBC News: Reports that Turkey has stated that the Assad Regime in Syria has shot at a 2nd Turkish plane as that plane was searching for the first plane downed by the Assad Regime.

Lets Get Real:

At what point does the WEST act, Turkey is a full member of NATO, as any attack one member is an attack on all members, is the Obama Administration going to sell out Turkey as President Kennedy did over the Cuban Missile Crisis in 1962. The Syrians are looking for a fight, the Assad Regime wants to change the Syrian Civil War in to a regional war, who is next, one can see Israel becoming a target, thus to prevent a major regional war the Oval has to take action, or the Republicans should really start to frame Obama as weak on foreign policy, a President who wont stand with the allies of the US. Lets recall that one one of the major negatives against Carter was that he was seen as weak on the world stage. It will be interesting to see if Governor Romney can define Obama as another Carter.

Obama Attacks Romney on his Business record = Again!

Lets Get Real:

This is without doubt the worse political advert this political geek has ever seen, the Obama Campaign IS still going on about Romney record in private business, even after Bill Clinton stated it was not a good idea, he has been backed up by other Democrats. When you have over 8% unemployment as the Oval has you do not get to talk about the loss of jobs. As stated people in glass houses should not thrown stones. The advert might make the Dem base happy but it turns off everyone else, the Oval really has to get its act together, if this is the best they have they are in REAL trouble.

Calling Ohio, A Romney Presidency

Lets Get Real:

This is a very positive advert from the Romney Campaign, the first 100 days of a Romney Administration will see Romney stand up to China, allow business to flourish. These measures will be good for the State of Ohio.

Where are the Greeks ? - Eurozone Crisis

Guardian: Reports that neither the new Greek PM or Finance Minister will attend a EU Summit this week due to health conditions.

Lets Get Real:

If your in Berlin you must be thinking are the Greek Gods sending a message to the new Greek Government, the main point of the EU Summit as from the viewpoint of Athens as the articles notes is to " ..ease the punishing terms of its international bailout. ". The Greeks want major changes, this will not go down well with Berlin as noted in previous post, the Greeks are stalling for time, in many respects they are following the Tehran game plan, play the clock, so the EU gets so fed up it just gives Athens what it wants and thus the Greeks do not have to reform. Lets see how the markets react, also there is Egypt, the election of a Muslim Brotherhood President could cause regional tensions, even war with Israel. Lets hope the Egyptian Army keeps control of the military in Egypt.

Germany on Greece - Eurozone Crisis

Telegraph: Reports on comments by Wolfgang Schaeuble the German Finance Minister, Mr Schaeuble the article notes states the following on Greece, " has forfeited much of Europe's trust during the sovereign debt crisis..".

Lets Get Real:

The Germans are fed up with the Greeks, every time they want to change a deal that they agreed to, the Germans must know that there will come a time when they will have to kick Greece out of the Euro, otherwise the German taxpayer will forever on the hook to bailout the Greeks. The Greeks will never reform while in the Euro, why should they, they are under the illusion that the EU and Germany at the end of the day will bail them out, the New Democracy Party won the Greek election with the backing of the older generation, that generation will not be on the Streets in demos against the austerity package that the Greeks have to pass to get the EU money, this is like watching a slow moving train wreck, no wonder the new Greek Finance Minister fainted, any normal person would, poor Greeks, they will never learn.

Housing Benefit AXE - Coalition Government

BBC News: Reports that Coalition PM and Conservative Leader David Cameron has suggested that those under 25 should lose housing benefit.

Lets Get Real:

It is about time that PM Cameron showed he was a Conservative, this is an excellent idea, why should those under 25 get housing benefit if they are on the dole, and might have started a family while on the dole. The welfare state has created lazy, arrogant people, who go straight from School on to welfare and then start a family. They expect the State to bailout them out when they cant keep their basic actions under control. It can be argued that those between 18-25 should not get any welfare benefits, they have done dam all to earn the various benefits. It is time for PM Cameron to care about hard working families who do not get a thing from the State but pay for others to be taken care off, good start by Cameron.