Thursday, June 02, 2011

Level Pegging = Conservatives and Labour

Daily Mail: Reports on a ComRes Poll that has both the Conservatives and the Labour Party on 37%. Thus folks “ Red ” Ed Miliband shows why he will not be the next Prime Minister, he does not have the charisma of Tony Blair or the political cunning of Harold Wilson. If my memory is right Tony Blair in the same period was miles ahead of Sir John Major and the Conservative Government, one would think with the massive cuts to the public sector that Labour should be at least 5-10 points ahead of the Conservative Party, but as the recent vote in Scotland and in Southern England has shown Labour has a long way to go before it returns to Government. “ Red ” Ed needs Scotland to stay in the UK, otherwise Labour would lose any chance of forming the next Government, thus my prediction that Ed Miliband will be shown the door by Labour before the 2015 election, the Labour Party cant afford to have another Gordon Brown at the helm, it has to be ruthless like the Tory Party, it dispatched Lady Thatcher as to win in 1992, the Labour Party failed to get rid of Brown, will it make the same mistake with Miliband Junior.

Greece Default, When ?

Guardian: Reports that Moody’s the Credit Agency has downgraded the credit worthiness of Greece to almost nothing, and has stated that there is 50% that Greece will default. If Greece was a horse it would be glue time folks, lets get this straight Greece is a goner, it is bankrupt, its currency in may respects is being kept up by the EU/IMF, that’s the problem, the Euro is killing Greece, and the political elite don’t have the guts to admit they got it WRONG. The Tax payers of Germany are funding Greece, the Greeks have to get out of the Euro, default on their debts, take the real pain and start from scratch. Otherwise in medical terms Greece is HIV and its not being careful with its partners, its going to give HIV to everyone else, of course the end result of HIV is AIDS, and then death. If the EU does not want that fate, and wants to protect the Euro it has to cut Greece off from the money, let it fail. Otherwise the bailouts are just toilet paper, will less use for the taxpayer.

In Praise of a Tennant and Tate

BBC News: Report on the high praise for a new version of William Shakespeare's Much Ado About Nothing, Starring David Tennant and Catherine Tate. This is why on the one hand you really wanted David Tennant to stay as the 10th Doctor, but also on the other hand why you wanted him to do other things, he is a fantastic actor, from Casanova, Hamlet, Hector in 39, to Single Father, ( not the kind of thing this blog would normally watch but that’s the charm of Tennant, he brings you in to a drama you would not normally watch and makes you watch it, by the way is there a second series of Single Father with the TARDIS ( in joke ). Also his moving part in the story of the Munich crash. Have to admit when Ms Tate joined Doctor Who was not convinced, but was crying by the end with her departure, she is that good, but also great at comedy. Even this blog is not cynical all the time.

Wednesday, June 01, 2011

The Spin Game = Debt Ceiling

The New York Times: Reports Speaker Boehner, the Republican leader of the House has released a letter from leading economists stating that any debt ceiling raise has to be matched by higher cuts from the Administration. The NO vote in the House yesterday for a raise in the debt ceiling without any cuts shows that on this issue it’s the Republicans that just might have the upper hand, POTUS needs the ceiling raised or the US cant borrow any more, any spending would require cuts, thus Obama will have to find cuts that keep Republicans happy but without making his liberal base gone through the roof, interesting challenge for a Nobel Prize Winner, oh yes he didn’t win it for economics did he, what did he WIN for by the way!

KSM charged with 9/11 Attacks

Telegraph: Reports that KSM and four others have been charged by the Military Commission at Guantánamo Bay with 9/11 terrorism attacks on the US. This has been a long time coming folks, the process started under Bush 41 but the new Obama Administration wanted to go down the Federal Court route, this faced great political opposition from the US Congress, the Obama Administration had to back down, it’s a re-election next year for President Obama, he could not afford to annoy New York City or State, the naivety of the Oval has caused great distress to the 9/11 families, lets hope the Military Cases are fast and a quick guilty verdict, then death to the planer of 9/11.

No Debt Ceiling Raise = Obama vs. House

USHofR: The US House of Representatives by a vote of 318 to 97 has rejected President Obama’s request to raise the US debt ceiling. It should be noted that eighty two Democrats supported the Republicans in rejecting the request from the Oval. At the end of the day the debt ceiling will have to go up, but before that the House should make the Oval come forward with real cuts to the US Budget. The important point is that these cuts have to be real cuts, not symbolic cuts or cuts for the budget next year, the pain has to start NOW, welfare has to be cut, the Republicans should attempt to block ObamaCare, or at least stall its process. The Oval and House have to look at the future, the US can not just raise its debt ceiling with no end in sight, at present the US is fourteen trillion in debt, it has to be cut, it will be painful, but better the pain NOW, than the US turns in to Greece or Ireland.

Tuesday, May 31, 2011

Obama and 2012


Well folks POTUS has returned to political earth after the death of OBL, the latest Gallup tracking poll has President Obama on 47% Approval, while 44% disapprove of the job performance of POTUS. As Gallup is Average voters, it is always good to look at likely voters, in this case its Rasmussen, it has Obama on 51% Disapproval, while 48% approve. Next year is going to about the economy folks, at present the unemployment rate is at 9%, its double that if you take in to account those in part time jobs or have just given up. Also should the economy turn around in 2012, this might be a negative for POTUS, this will make people return to the job market, that could push unemployment over 10%. The one thing that POTUS has going for him is the dire state of the Republican race, this is the first time that this blog will not have a horse in the race, come on Jeb Bush run for God’s sake.