Obama's Kill List and the Press

Guardian: Reports on a Court filing from the Obama Administration on the attempts by the press to get more information on President Obama's kill list of terrorists, the article notes the following by the Obama Administration, " saying that to release information would hurt national security, even while still insisting it cannot admit any such programme of targeted killing exists. "

Lets Get Real:

The Oval is 100% right its filing to the Court, the Obama kill list is suppose to be one of the most secret covert operations of the US, although there have been leaks about the operation this should not mean that the press should get its hands on these kind of secrets. The blog supports a strong executive, this even means that the Oval was right to say that it was right that internal Justice Department info should not be released to Congress, the contempt resolution against AG Holder is not going anywhere, thus the Republicans should stick the economy, let the public decide if Holder is hiding another Watergate, the Republicans might win November, thus they should not allow a strong Presidency to be weakened, thus on these two issues the White House is right. That is new for this blog.

UK Banks Downgraded - Euro Crisis

Telegraph: Reports that the Credit Agency Moody's has downgraded major UK Banks, the articles notes the following on the Moody's action, " The lower the rating, the higher the interest rates they pay and the more collateral they must offer. ".

Lets Get Real:

The Banks are already not lending to small business even if that business is making money, this downgraded will hit the customer, any costs that the banks see if their borrowing will be paid by the customers. The Banks do have an argument, the 2008 near death of the banking system was due to bad loans, thus the Banks don't want to be in the position that they are charged with throwing money at bad risks. The Euro crisis and the debt hold by EU Banks means that UK Banks are at risk due to the fact that in this Global economic system all the banks are linked. In other words folks at its most basic and harsh, if the EU banking system is taken down by Spain and Italy then the UK is in the toilet and is going to get flushed. If President Obama had not waisted US tax payers money with his domestic record he could have saved the EU, but the Oval spent like a gambling addict, thus is broke, who is going to save the EU folks, in fact who is going to save the Global economic system.

Wall Street and Main Street - USA

BBC News: Reports that Wall Street fell by 250 points today, due to bad economic news from China and the EU.

Lets Get Real:

Thus folks a bad day for Wall Street and Main Street, as the pension funds of the public sector will have taken a hit today, never mind the private sector. This was not a good for the Oval, lets see what the Unemployment rate will be at the end of the month. The good news out of the G20 that the EU would deal with Spain seems in detail not have pleased that markets that much, the UK FTSE 100 was down nearly 1%. The more crisis meetings for the EU, either the Euro is saved and fast or the World economy is going to tank, lets see what happens first folks. This blog is not holding its breath for either, we don't have leaders today folks, we have poll followers, for a Reagan or a Thatcher, in the 80s folks we were very lucky in our leaders.

Calling Ohio - Romney TV Advert

Lets Get Real:

Calling Ohio voters, are you happy with the Obama 1st term, if not then listen to this Romney Advert, its your friends, family, fellow workers, they have seen the failure of the Obama record. The advert is rather long but worth a look. At least its not the Obama class warfare of the previous advert.

Romney the Taxer! - Obama TV Advert

Lets Get Real:

If you love the public sector you will love this advert. In this Advert Romney cuts taxes for the rich, himself, while everyone else has to pay the price. In other words another class warfare advert. The advert does not say anything about the Obama 1st term, nothing about HIS domestic record. Also nothing about the future, that is why the Oval is in trouble. If you want to see in to the mind of a tax and spend liberal, watch this advert.

Israeli Strike on Iran - WHEN not IF

Guardian: Reports on the failure in Moscow of the talks between the UN and Iran, the article notes the following, " The failure to make progress in the talks in Moscow makes Israeli military action more likely, but far from inevitable. "

Lets Get Real:

As stated so many times in this blog the Tehran Regime is playing games, it wants endless talks, not for real talks but just to play out the clock. The Israeli Government will have to act before the November election in the US, as any action before then will force the Oval to support a Israeli strike. The Oval can not afford to lose the Israeli Lobby or their money. The EU will never walk away, these talks have been going on for years, its a middle east game, the Tehran Regime understands that the EU will bend over backwards as to prevent Israel taking action, these talks are pointless, the Israel Defence Staff have to get their plans ready, best time to hit Tehran would be late October, thus the Republicans will support Israel, and President Obama will come under pressure from Congressional Democrats to support any military action. These talks have not been on the 24/7 news channels, this is good for Israel, they can attack while the world is divert by the EU crisis and Syria.

The EU Crisis Solution - German Money

Telegraph: Reports that EU leaders have agreed to a 600 billion bailout for Spain and Italy.

Lets Get Real:

This sounds good folks, but the combine debt of Spain and Italy is the trillions not billions, also from the brief details it does not solve the main problem with the Euro, it needs one finance minister, one tax system, one government for it to work, the EU elite might not think democracy matters but it does. Also lets see what the reaction is in Germany, Chancellor Merkel leads a Coalition Government, she needs them to approve any bailout, also its against the Basic Law of Germany for Germany to take on the debts of others. Lets see the details of this deal folks, leaders at a Summit might agree anything if just to get away, politics is politics, deals can fall apart. Lets see how this plays out over the next few days.