Guardian Live: Reports on the death of Dimitris Kotsaridis who was attending the Athens protest against the Greek Governments Austerity packages, the cause of death is unknown and there are different versions of the incident. The Guardian notes that the death could have been bought on by a heart attack due to Mr Kotsaridis being hit by a rock or tea gassed by the authorities, or the death was of natural causes. But the death is a symbol of how the austerity package is hurting Greece, the cuts in Government spending is hurting growth, this leads to more people out of work, as economic growth would see more people getting hired, the Greek economy has contracted so much that the Greek debt can never get repaid, never mind how much plans are pushed by the Government in Athens. The Greek Government should take a breather after this death and think about leaving the Euro, restart from scratch, it will be bard but these cuts are not helping Greece, they are helping French and German Banks, once they are safe the EU/IMF/ECB will cut Greece off, then what for Athens, the Government should take the lead, not lead by the EU.
A look at the Politics of the United States and the UK. The Foreign Policies of both countries and how they behave in the International Community.
Thursday, October 20, 2011
PM Cameron on the DEATH of Gaddafi
No 10: Remarks by Coalition PM David Cameron on the death of Colonel Gaddafi. “ I think today is a day to remember all of Colonel Qadhafi’s victims,…People in Libya today have an even greater chance, after this news, of building themselves a strong and democratic future. …We will help them, we will work with them and that is what I want to say today. ”. A good day for Libya and PM Cameron.
Gaddafi like Hussein found in HOLE - End of Gaddafi
Telegraph Live - Libya: Reports that Colonel Gaddafi like Saddam Hussein was found in a hole, one of the Sewers of Sirte, before being killed. It will be interesting to see who fired the fatal shot, was it Libyan rebels or NATO Aircraft, one can postulate that both Iran and Syrian will clamp down ever harder on dissent, the leaders will have seen what happened to Colonel Gaddafi, thus they don’t want to be dragged through the streets dead, thus expect more violence against protesters, the UN has been weak against Syria, will the US and the UK allow Syria to fall in to a gradual Civil War, will they allow the Syrian Regime to kill more thousands if not hundred of thousands of its own people. When it comes to Iran the Tehran Regime might think they have nothing to lose but to go for the bomb, will the Oval allow Tehran to become a security threat to Israel. How every much these regimes try to block the images from Libya the death of Gaddafi could be a further spark to resistance in Syria and Iran.
New Libya - Gaddafi Dead
BBC News: Reports on the death of Colonel Gaddafi and the taking of his birthplace of Sirte. Folks this is a good day for Libya, a New Libya can develop from the wreck that was the Gaddafi Regime. They people of Libya have shown their bravery in rebelling against the Mad Dog but now they have to start to build up a Libyan Democracy, Libya is a oil rich country, there should not be any poor or out work people in Libya, the Libyan Revolution should be a warning shot to the tyrannical regimes in Syria and Iran, sooner or later the people just have enough of the repression, they fight back, and only stop when a tyrannical regime has fallen. This a good day to be a Libyan. How does this effect, UK, French and US politics, well Coalition PM David Cameron will be able to argue that he with France lead the international community to take action over the Gaddafi Regime, the end result being UN Resolution 1973. The Oval has a problem, it wanted to lead from behind, who would have though a US President would have wanted to be lead, so in a ironic way, while most the NATO assets came from the US, the Oval wont get the credit, think about it folks, the death of OBL and then Gaddafi and Obama is still not sure of re-election, he really is Bush 41 after winning the First Gulf War. A one term President Folks.
Wednesday, October 19, 2011
Greece and Money
Daily Mail: Reports that rich crafty Greeks have moved two hundred billion Euros out of Greece in the fear that Greece will be forced out of the Euro and returned to its old currency. If you think your Country is going down the toilet fast what do you do? You get your money out, as the article notes Greek banking authorities fear a run on the banks, also there is a chance that the Greek Government could limit how much cash is taken out of the Country, in other words the rich are getting out, those that will take the pain will be the poor and the public sector, they always get shafted by the MAN.
Labels:
2008 Banks,
Bailout for Banks,
EU,
France,
Germany,
Greece,
IMF,
Ireland,
Italy,
Portugal,
Spain,
UK Banks
Violence in Athens - Euro Crisis
BBC News: Reports violence has broken out in Greece during its 48 hour General Strike. One has to be honest, the Greek Government does not have a choice, it has to make deep cuts and raise taxes, otherwise NO money from the troika of the EU/IMF/ECB. The Greek people have years of austerity to face, its going to be tough for Greeks, the good days are well and truly over, the previous miss management of the Geek economy means that the Greek children of tomorrow will be paying back the Geek debt. The rescue plan for the EU calls for banks holding Greek debt to write off 50% to 60% of that debt, thus the banks are going to take a hit, thus the banks will need a bailout. It was reported in the Guardian last night that France and Germany had agreed a two trillion stability fund, lets see if happens folks. Thus far EU politicians don’t give you much confidence, lets hope they turn in to leaders soon, otherwise we are all up the creek.
Labels:
2008 Banks,
Bailout for Banks,
EU,
France,
Germany,
Greece,
IMF,
Ireland,
Italy,
Portugal,
Spain,
UK Banks
Good News - Eurozone Crisis
Guardian: Reports that Germany and France have agreed a two trillion bailout fund for the Eurozone. This is part of the rumoured plan folks, a bailout of the banks, the stability fund, and a managed Greek default. If all the small print works out folks this crisis could be over, just a matter of getting all the actors to sing from the same sheet! Its looking good folks.
Labels:
2008 Banks,
Bailout for Banks,
EU,
France,
Germany,
Greece,
IMF,
Ireland,
Italy,
Portugal,
Spain,
UK Banks
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