GOP Presidential race heating up...

Never have I been so amazed at a bunch of men, rushing to NOT be the President of he USofA as I have seen with the current crop of GOP (Republican) candidates.

Here we have it, down to the big three + 1. Mitt Romney, former Governor of Massachusetts; Newt Gingrich, former congressman and Speaker of the House; and Former Senator from Pennsylvania, Rick Santorum. The + 1 is the perpetual candidate, Ron Paul.

Well, we know it took is quite some time to go to this point. The only other potential winner was taken out to the barn yard and shot, PR wise- Governor of Texas, Rick Perry. He simply was not presidential material and could not stand the test of time and has thrown his endorsement behind Newt Gingrich.

The other potential winner, Herman Cain, a business man, was sent back to his home in disgrace. He has now come out in support of Newt Gingrich as well.

The supposed front-runner, Mitt Romney, had taken a beating over the last few weeks due to a surge by former Speaker of the House, Gingrich, who maintained a blistering attack!

As I type, Governor Romney has just now won the Florida Caucus over Gingrich and Santorum. This was after he had lost the South Carolina caucus to Gingrich a few weeks back.

But, after all of the damage that each are doing to the other, what shape would they be in to take on President Obama? They are weakening themselves.

So, as it appears, attack ads aren't that effective in Florida. More on this as things develop...

I never wished Happy New Year... 2012!

Well, Happy New Year. And what better way to start the year than with a bit of fear in the air... Happy 2012, anyways! :-)

China and Russia may go to war if sanctions in Iran remain constant. Sad...
http://www.youtube.com/watch?v=Nbc9RLcecRk&feature=uploademail

New kids on the block- Greece and Italy!

Well, in case you have not heard, Greece has a new prime minister and his name is Lucas Papademos who is an economist by training and former Governor of the Central Bank in Greece. He takes over from former prime minister George Papandreou, who decided to step down amidst pressure from Greece's- and now Europe's- well know debt crisis.

And in Italy, long time prime minister and Italian export, Silvio Burlesconi, has also decided to step down as prime minister of Europe's fourth largest economy amidst similar debt related issues. His successor is Mario Monti, who is also an economist by training as is his counterpart in Greece and was a former Goldman Sach's executive.

Very interesting things indeed...

Where is the people's money? American banks must find it!

Article from Thomas Friedman: Here.

Well, in not so many words, this is why I for one was not too upset when they started to come after the "tax havens"... the money is there somewhere. In a vault, under some one's basement floor, or in a Swiss/Cayman/Bermudian/Jersey Shore bank account- the latter is more likely.

The quicker the powers that be find out where the people's money went, the better off the entire world will be. We can do nothing about it except for hope, and pray, that a solution is found to the mess. Sure, some of it is in China, but that was a legitimate issue- a major chunk of the ill gotten gains were stolen by some people we don't even know. Makes you spitting mad, doesn't it?

Can Europe get right?

Odds are, no. They have- policy makers that is- have confused themselves on the matter. They don't know which way to go, who to turn to and what to do.

The European crisis is a fine mess, if I can say so. If you follow publications like the Financial Times and The Economist online, you would see that they have a series of articles that is continually compiling information on this crisis's origins, the issues that are happening currently as a result and also what policy makers and bankers are doing to stave off the worst!

I can list to you reams and reams of Internet files that document all of the problems and possible solutions. But it would be a waste of time.

Gaddafi is caught!

Apparently Muammar Gaddafi has been caught at his home town in Sirte, Libya. Sources from Sky News and The Daily Mail report that he has been shot in both legs and has been transported by ambulance to a hospital.

Don't know where Libya goes with this. I hope he is kept aliveand given exile. We will have to see!

I'm not fully impressed with how easily some people forget that Gaddafi was accepted in certain circles as the man who tried to keep things together in Libya. But I am more than thankful that this bloody era is over for Libya and the Middle East.

Kweku Adoboli is a man after many hearts!

Sort of an old story, but we know that every black man that don't have two cents to rub against the next cheered with glee when they found out this guy DID IT. LOL... but, he caused more problems than anyone could have ever imagined and thus it's a painful experience for persons in the UBS Group.

More importantly it shows you that we have not learned the painful lesson of the 2008 financial crisis at all. It's all happening all over again. These guys are just too greedy!

See story here:
BBC