Category Archives: Finance

December 17, 2021 · 22:24

The media as enforcer

It is a thought, it is my thought and I wonder if there is enough that I am correct? You see, most people are crying foul, blaming rich people. Making noises on the need to tax the rich and the media is helping out. That is the operative part, the media is helping out. To show you just how far they go, let’s take a little trip.

Search by Google
When you search for ‘Charles P. Rettig’ you see two results. One by LGBTQ Nation, one by Mondaq. Consider the following parts
1. Charles P. Rettig is the Commissioner of the IRS.
2. Taxes are on the plate of responsibility of the IRS.
3. The media has nothing to report on the IRS? They are merely all flaming the tax the rich part?

Looking at the media
The BBC gives us another flame article on how ‘How billionaires pay less tax than you’, yet no one is looking at the simple fact that people like Elon Musk, Jeff Bezos and other billionaires are doing what they are allowed to do, and it is not “special strategies to avoid paying income tax, say experts”, it is “Merely paying what Tax laws and tax codes are telling people how much to pay”. A setting that comes from the office of Charles P. Rettig, the people who were there before him like John Koskinen, Daniel Werfel, Steven T. Miller, Douglas Shulman, Linda Stiff, and Mark Everson a collection of people that were there for almost 20 years when nothing was done to overhaul taxes, and the media is not reporting on it, is it not news or is it part of the filtered information that some people do not want you to have. Yes, I am focussing here on the US, yet the mess in the EU is not better, it is actually worse as they got well over 20 nations to do NOTHING!

I am not stating that Elon Bezos and Jeff Musk are innocent (or was that the other way round?), I am stating. I am saying that they use tax laws as they are ALLOWED to be used, in black letter setting (meaning: literal interpretation) all whilst the media is shouting about the spirit of the law, the spirit of the law is not in writing, in writing we find “A tax code is a federal government document, usually numbering thousands of pages, that details the rules individuals and businesses must follow in remitting a percentage of their incomes to the federal or state government”, yes, and then the politicians added tax codes, exclusions, tax write-offs and that results in people like the ones we see mentioned as well as the Koch Family ($113,000,000,000), the Walton family ($220,000,000,000) and the Mars family (not the planet) with $127,000,000,000 we do not see these names do we? Just like Charles P. Rettig we see very little on them, we see houses bought and sold and two weeks ago we see ‘Influential Koch network rocked by an alleged affair scandal, donor departures and a discrimination lawsuit’ and I only see the CNBC mention, the other papers seemingly left it alone, why is that?

So whilst we see all flames we do not see anyone (including media) invoking the need to overhaul tax laws, no one seems interested in the essential step that is required. 

More important, no one in media is taking that step either, why is that? You still think that they are free to speak their journalistic minds, or does the hierarchy of Shareholders, stake holders, advertisers starts making sense. To realise that you the reader are a mere 4th place in any media source, how does that feel?

It is not a setting where the rich pay less, it is a setting that non-overhauled tax laws benefits the rich more and this is not semantics, consider that CNBC gave you “So if you want to find a way to lower your taxes like the rich do, it could be a good idea to meet with a financial advisor or CPA”, for a really rich person a CPA ($119,000 annual) is nothing, and they KNOW what tax laws are there to aid and which ones are not. And it was simple, it has been for decades and no one seems to focus on that part, they merely advertise the scream ‘Tax the Rich’ which is funny, because it goes nowhere and gets people nothing and when you realise that the taxation laws were the problem for decades, when will you see that the politicians and their IRS commissioners were part of the problem and never any part of the solution the USA desperately needs. So whilst the news is all about ‘Biden signs legislation raising US debt limit, averts potential default’, now consider your own situation. How much upgrades can you get on your credit card until is gets blocked, banned and retracted? How many upgrades can you get until you show more income? That is the stage; that is also why tax laws need overhaul. It is not names like Jeff Bezos and Elon Musk, it is the stage that the USA has according to some sources 614 billionaires. You still think that there is no gain in overhauling tax laws? Oh, and when we look at those with a value that tops $100,000,000 you get to a number of people that is slightly surpasses 5000. When you consider all this, do you think it makes sense that the media has zero interest in people like Charles P. Rettig? Consider that he should be in the targeting view of EVERY American media outlet, but he is not, why is that you think?

I am starting to believe that the media is nothing more than an enforcer that uses the old premise of panem et circenses, a stage introduced by the poet Juvenal. Decimus Junius Juvenalis (his original name) was around in the age of Nero and Galba and a whole lot of other emperors, including the year when they had 4 of them (it is a hazardous job). A stage we see now exploited by media, politicians and rich people. Making us all watch where they want us to look, not where we need to look and the US (EU too) is running out of time. When the US defaults, what do you think will happen to the Yen and the Euro? So when you get angry at Jeff Bezos, wonder why the media is so focussed on giving him the limelight and they are actively avoiding the limelight on a whole group of 614 equally filthy rich as Jeff Ross (sorry the other comedian) Jeff Bezos and we do not see their names, not ANYWHERE, why is that? Consider that for a moment before you start shouting ‘Tax the rich’. Let’s be clear I have nothing against taxing rich people, but that is what tax laws are for, to tax all 5000 of them, not the three overly mentioned in media and there is the rub, that is where the media needs to ask people like Charles P. Rettig and the tax laws makers behind him very serious questions, but the media is not doing that. Why is that?

Leave a comment

Filed under Finance, Media, Politics

Tagged as , , , , , , , , , , , , , , , , , , , , ,

December 16, 2021 · 00:00

After a fact to begin a fact

Yes, nice and cryptic. Not intentionally, but that is how I roll. But before I get into that, I promised to give something tomorrow, but as it is about 0:01, tomorrow is now. So here goes. As I was (trying to) being clever, I considered that any off looking equipment will get caught soon. It shouldn’t but that is no guarantee. So I needed the valve to disappear. Now, one thing I learned that security staff tends to be lazy. Perhaps technically unobserving is a better term, they are not stupid, so something that looks off will get noticed quickly, unless it looks the same. So I can be as clever as I can, but the valve might get noticed. So as I was considering options I remembered the colour picker app. An Android app that uses the camera to scan a colour and translate it to an RGB tint. So there was a solution, but there is no way we can have all these colours in stock, so I created an adjusted primer spray paint. Primer is white, so I added the design of a dial at the bottom (see below).

Now we can pick the colour, adjust the 10 scale Red-Yellow-Blue-Black dials and insert the pigment, a few good shakes (5-15 seconds) and the colour is ready. Now we apply the paint and the device and its band will look as painted as the pipes are and now, the chance of overlooking is massively larger. So that part was solved and I created a new piece of IP in the process. So spray-paint makers might find this approach an interesting twist. Instead of 187.4 colours, you have one article and let the user fix what they need. No hassle, no ‘not in stock’ issues. All in a days work.

Anyway, what set all this off is that I was day dreaming (at 22:00). And suddenly I had an idea towards the Exhaurire Vitam concept, how it all started. How Anubis and Hades meet each other. All because of a young girl (9) who gets abducted by molesters and her Dachshund (which I affectionately name Kransky) ends up in nowhere land, right in front of the one person that the molesters would never have wanted involved and the carnage is one they will remember for all days. These is a lot more, but let’s not quench your thirst too much at present. 

So as Anubis owes Hades and he repays by offering a gift that is useless to him, but he knows that it will benefit Hades, so he repays in this way and opens a door that will shiver and shake New Orleans in ways you might have read earlier. A setting I never thought of, I never contemplated it. It merely came to me, that and the rest of the settings are weird, close to a dozen pieces of new IP, no idea where it is coming from and when it does not impact my IP (5G, TV, selected IP) I will make it Public domain, perhaps I can actually restart some economies making me more electable then whatever is in political office at present. Yet, feel free to ask Meng Po for an opinion and a cup of soup, it’s free. 

4 Comments

Filed under Finance, movies, Science

Tagged as , , , , , , , , , ,

December 14, 2021 · 00:50

When is limelight a void?

I stumbled upon an article be Al Dia Politics. A source I do not know, but I saw something that reflects on my findings. The article (at https://aldianews.com/articles/politics/what-happened-revelations-pandora-papers-latam/68469) gives us ‘What happened to the revelations of the Pandora Papers in LATAM?’ My first feeling is ‘What Revelations?’ You see, the ICIJ and everyone parroting them is a group of emotional flamers, flamers never bring revelations, they merely say they do and then spin that shit, they always do. So when I see “After the results of an investigation last October revealed tax havens for the world’s most powerful, after-effects have been null and void.”

As I see it there are two reasons

  1. There was never a summary of who was involved, it is merely a beacon to flame things as many flames as possible, especially by these essay writers (aka journalists). 
  2. Were there any crimes committed?

These two give an inkling that there was nothing to act on. The stage is that zero tax havens are legal, the UAE, Monaco, Cayman Islands, Bermuda, Andorra, Bahrain and a few others are nations that have zero tax, it is their approach to make things run and attract investment dollars. They have a legal right to do this, it is the other nations that have not cleaned up their tax laws (including the US and several other nations). 

Why does this matter?
The US has a little over 24 hours before it hits its debt limit as per Janet Yellen’s statement. So I reckon it will take a day before the media will flame leagues of tax the rich articles claiming that they are merely reporting. It is also almost a month away since I made the claim 25 years ago that tax systems needed to be overhauled. So there are two reasons to watch this from the sidelines. A stage that I will enjoy because no matter how bad my situation is, I was right all along and when I checked certain counters, it seems that other documentation will hit here too, the counter is around 75% of where it needs to be. 

Then (back to the story) we see something that might be a revelation “It is important to remember that the names revealed by the investigation have been involved in the diversion of capital and the concealment of fortunes, which translates to tax evasion. Among those involved were Sebastián Piñera, president of Chile, and Guillermo Lasso, his counterpart from Ecuador, and their respective governments investigated them seeking to find evidence to remove them from office.” There is a chance that the Pandora papers were an CIA and NSA operation to secure funds for the US whilst changing the political lands they were facing. This matters because no government has ever done this to this degree. It could show that the US is truly desperate without pissing off their friends (like the Koch family), it also means that there will be no overhaul of tax laws making matters worse for them and perhaps two other players.

There is a larger political stage, but I am not the best source for that, especially in Latin America. But it also draws a few other settings, the fact that the ICIJ would make no attempts to find the source, this reeked and the ICIJ should have known better, because there is now the need for a list of 600 essay writers that catered to the US governmental needs, people never considered that part did they? And it helps the US to get flames rolling on their ‘tax the rich’ groups, especially when the need is escalating way beyond dire. And I am not one to be nice, especially to certain groups that think that they are above anything, so there will be a need for these 600 names soon enough and then? How much credibility will these newspapers and media outlets have when that comes to light?

We see all these articles on house meetings and investigations, but we see nothing on results and reporting of that nature. OK, the Guardian did have a piece where we saw in October regarding former Prime Minister Tony Blair “While there was nothing illegal about the transaction, and there is no evidence the Blairs proactively sought to avoid stamp duty”. A hole page of wasted space, mentions of ‘could’ and no substance. And in all these months no dashboard (something I would have started in the first hour), the limelight on void issues, no illegality and merely stomping and pretending. So, yet in a trove with 12,000,000+ documents, the CIA/NSA will have something for you, but is it stuff you care about? 

At this point I care about that list of 600 essay writers and the amount of money they cost whilst not bringing anything real to the media. I have actually met troll-hunters who got more real work done in one day that these 600 essay writers in months. Ponder that for a second. 

When the media is setting up the limelights to waste it on a void, you know that they are catering to a powerful population and we get no real information because that would make some people really nervous at present. So I am guessing that there will be a new wave of ‘tax the rich’ this month, all whilst the Us (EU too) have not overhauled any of the tax laws that required overhauling. What say you?

Leave a comment

Filed under Finance, Media

Tagged as , , , , , , , , , , , , , , , ,

December 10, 2021 · 00:15

The reality of non-sense

This was the setting we see in the BBC, it is not on the BBC, they are innocent. Yet the article ‘You apply for a job – only for it to go to an internal candidate. Were you wasting your time all along?’ Should make plenty of people angry, especially if they are over 45. We get to see “Sometimes the requirement exists for immigration purposes, to ensure that a foreign resident is only hired for a job that a local can’t fill. For instance, in Australia, companies generally need to have an open recruitment process, even if they already know the overseas worker they want to hire”, this sounds nice, especially the “companies generally need to have an open recruitment process”, yet the age discrimination in Australia makes that statement a wash. A friend once told me “Australia is great for the young”, I didn’t get it until it was much too late. The phrase actually needs to say “Australia is great for the young, the rest can fuck off”, a setting I have seen rolling out for close to a decade and it is not just the small places, the big players like Google and Apple are every bit as guilty. If you do per level an age comparison these two (optionally several large tech as well) will have numbers that will not make sense, they will look skewed, too skewed. 

So when we are given “all too many job seekers have shared stories of applying for a job, seeing that an internal hire was made and suspecting – or being told – the company’s intention was to hire that current employee all along”, the non ageing affect is seemingly overlooked. So when you consider the story (at https://www.bbc.com/worklife/article/20211206-can-you-ever-beat-an-internal-candidate-for-a-job) be aware that a few elements are left outside the door, for Australia age discrimination is a real deal and there are plenty of examples out there.

The Australian Human Rights Commission reported this year on several key findings. 

  1. Ageism exists in Australia
  2. Ageism affects Australians across the adult lifespan.

I am merely mentioning two as that should be enough, the report that you can download (at https://humanrights.gov.au/our-work/age-discrimination/publications/whats-age-got-do-it-2021) gives a lot more. We see the article that makes all kinds of references, but ageism is left out of the consideration. There is not one mention on it, and when you see the article on ‘were you wasting your time all along?’ That same thing can be said for anyone applying for jobs when they are over 50, they are seemingly disregarded in every walk of life, even now when we see the massive shortages, the aged worker seemingly does not stand a chance. 

Forbes even came with ‘10 Steps To Proactively Address The Problem’ (at https://www.forbes.com/sites/sheilacallaham/2021/11/29/workplace-ageism-requires-leadership-action-10-steps-to-proactively-address-the-problem/) There we see “10 Ways Leaders Can Take Action Now”, yet the reality is that these so called leaders will have to listen to superiors too, and they will hand out some policy notice that they are working on it. 

In all the reality of non-sense is that there is no sense, it is about sales and populism and when that segment is depending on the young, the old will have to sit in a corner to wait until they die. Harsh but that is how it seemingly is at present.

Leave a comment

Filed under Finance, Law, Politics

December 9, 2021 · 19:01

The old joke

There is an old joke, I heard it in the 70’s. The joke goes like “John, I have no idea how this firm has any chance of surviving without your presence, but as per this coming Monday, we will give that a try!”, and whenever I see staff removals happening, including me getting made redundant years ago, that joke goes around my brain. So when the BBC gives us ‘Boss says sorry for ‘blundered’ Zoom firing of 900 staff’ (at https://www.bbc.com/news/business-59573146). So we get the outrage linked to “Mr Garg was heavily criticised after he sacked 900 staff in an online meeting”, There is one other setting that I do not get. You see, we get the following part “A deal is likely to value the business – which Mr Garg founded in 2015 – at between $6.9bn (£5.2bn) and $7.7bn”, so in 6 years a firm has grown to $7,000,000,000 and he casually fires 900 people? Didn’t they help the business grow? So, as we set the larger stage we get ““Organisations do have to make job cuts sometimes, it is a hard reality,” says Rachel Suff, senior policy adviser on employee relations at the Chartered Institute of Personnel and Development. “But how they go about it and the humanity they approach it with can have a fundamental impact on how people deal with that shocking news.”” Yes, we can be humane, and we can be callous. Yet the stage of firing 900 people when you went from (assumed) zero to $7,000,000,000 in 6 years is quite the success story, as such the move makes no sense, unless he wants to hang his coat up and retire a multi billionaire. As I see it, the setting of “to float the company on the stock market”, a choice that might be valid, it might not be. I cannot tell, it is not area of expertise, yet the question becomes towards it mission statement “Better.com, which aims to use technology to make the house buying process “faster and more efficient””, is that one direction, was it also safer to do that, or has someone figured out that the faster and more efficient comes with larger safety holes? I actually do not know, but that is the first question that pops into my head. 

You see, we do see “The market has changed”, yet I also find “Home values in New York (statewide) have risen 14.2 percent (current = $363,990) in the last year and will continue to rise in 2021. Over the last year, home values in New York City have increased by 4.5 percent. The latest market forecast is not available for NYC”, so I am not sure what is going on and before we go all high and mighty on the 900 removed people, it represents 15% of removed staff, implying that better.com did one hell of a job, it implies that he still employs 5100 people. The article does not really bear that out does it? I am not blaming the BBC for that, but the setting of what still is remains important. If there is one critique on this, then it is their homesite that still has a career page that is hiring. I reckon that there should be a clear page setting something like “Due to volatile market settings, all hiring activities are temporarily suspended”, as such I reckon that this Vishal Garg optionally missed the ball twice over. But that small part was not picked up either by the media. The website actually looks decent, so the business is seemingly not too shabby.

So whilst the BBC is all about slapping him around, and that is fine. No one is considering the fact that 5100 are still employed and that a startup has grown from close to zero to $7,000,000,000 a feat that is pretty rare to say the least. 

I find it hard to condemn the act (I had been made redundant more harshly then that in the past). It happens to us all one day, unless we are on the board of directors, in which case we get a huge bonus and we are escorted to the limousine.

Leave a comment

Filed under Finance

Tagged as , , , , , , , , ,

December 8, 2021 · 22:52

The media caper

I set the stage in an earlier article responding to CBC in ‘Six of one’, I set a few issues there and even as I did not oppose the Canadian view, the stage is a lot bigger. And what happens? To my surprise it is ABC News who gives us another angle, one I contemplated and dropped because it requires evidence. This they handed to me when the search tool gives us “Chinese developer Evergrande is likely to be in default, amid reports it has missed a final bond payment deadline, but markets are shrugging…” the article (at https://www.abc.net.au/news/2021-12-08/evergrande-default-debt-developers-china/100682242) gives the goods, yet there is the stage. You see It is the search text we see (as above) and the added “but markets are shrugging…” is not ANYWHERE in the article.

The article gives a lot, but someone using the media is playing a game with all of us. A stage that is about the fine parts, about the innuendo. It is a lot more subtle then “Why are your boobs so big? Are you a free-diver or do you have a pneumonia?” There is a real chance that a collapse hitting investors for their $18,000,000,000 out there and the media plays games? Yes, you think this is trivial, and to some degree it is. But this stage happens EVERY day. It happens in all kinds of ways and it happens all over the field, but we keep slamming China and Saudi Arabia, all whilst we get a distorted view by the media and it overwhelms millions of people. 

Why does it bother me?
Well we have some serious issues and our votes are buttered by alternating and adjusted views that the media gives us. They claim to be informing us, yet they adhere to other voices and those voices decide what we see. To be honest I was a little surprised to see ABC on that stage. For the most, them and several other papers are not inclined to be that active, so it is a rare find. When we go to the ABC site, we get a little more “but markets are shrugging off the news amid stimulus from China’s central bank.” Yet the article has merely one mention of stimulus “China’s growth slowdown in 2014-15, and the large stimulus [that] drove the economy’s recovery after the COVID-19 shock early last year”, as such it is not “amid stimulus from China’s central bank”. It is also hindered, and the article’s reference to the central bank is a mere “to lower borrowing costs”, to be honest this is the first time I notice ABC in such an action, they tend to be above board all the time that I looked into matters, so this was a find, there are other media outlets that have a simpler approach to their reporting integrity as I personally see that. 

So is there no issue with Evergrande? Yes there is and when that companies implodes and defaults the damage in China and far beyond those borders will be massive. There is an added station that it will almost directly halts China’s economic growth and it will impact Chinese lives all over, one firm losing that much will have larger impacts all over China. So the news is correct, the setting is not a positive one, yet the search-line and the article shows that the media is playing a dangerous game and when people do wake up they will want their pound of flesh. And when the people will demand the names list of stakeholders, I wonder how long the delay will be and how quickly these stakeholders will run (for their lives) to the nearest airport. 

We see the stage of social media and “Deception is a distortion with an intention to mislead users, analysts, organisations, etc.” So when that gets dealt with, will someone also deal with the generic media? I doubt it, but I can hope. 

Leave a comment

Filed under Finance, Media

Tagged as , , , , ,

December 8, 2021 · 20:43

Somewhat connected news

Yes, news has two options, it is either connected or it is not. This sounds silly, there are plenty of news articles with no connection at all, but what happens when there is a link (to some degree)?

It is that setting we regularly face. I actually wanted to link in Reuters news, but they screwed up their system, there is no replacement for competency and Reuters seemingly lost that. But to some degree there is a larger stage. CNBC gives us ‘U.S. to release oil from reserves in coordination with other countries to lower gas prices’ yes that is a setting we get, but the article at Reuters, which is now beyond reach is alerting us to market volatility, that is a setting we get. Yes we see all kinds of voices to state that we have to let go of fossil fuels and I get that, it makes sense. Yet we now get “The U.S. will release 50 million barrels of crude from the Strategic Petroleum Reserve, the White House said Tuesday”, this sounds great, but consider that this represents a little under 10% of that reserve. So what happens when the reserves are gone? So when we see “part of a global effort by energy-consuming nations to calm 2021′s rapid rise in fuel prices” we all tend to see a good thing, and it is for the most a good thing. The issue that Reuters cannot give us is that there are larger concerns. These oil executives are right, even though they are in part buttering their own bread, the reality is that the need for fossil fuels is so in our systems, the need will remain for at least a decade, a decade we actually do not have, but COVID could kill over 22.8% and solve the issue for us. 

You see, if you want to debate that and oppose that, that is fine. To these people I say ‘Drop the use of your car and your furnace for a month, just one month and you will be right’, that is a lot harder to do is it? How many can go without your car, your motorcycle, and your oil based heaters? You might think that you are in an apartment building, so it does not hit you, but your entire building has a heater, shut that down for a month and see where you are then. These two alone will result in the ‘Yes, I will, I just have to’ group. They cannot leave their car alone, it is part of them and that is fine, but you cannot have it both ways. 

I think it is a decently wise move to sell from the reserves now, but there is only so much reserves and this will not go away, so when we realise that, oil will go from $87 a barrel to $154 a barrel in a hurry and there is a second thought, that market will be a lot more volatile when the reserves are gone. And that is before people realise that agreements when dropped tend to be more expensive once they pick them up again, because that is most likely the result of enduring volatility. The US is not alone in this, but in this case their setting is important. You see, France became part of this. We can say it serves the US right for messing with their submarines, or we can look at the larger station. The news ‘France signs $18B weapons deal with UAE’ (at https://www.defensenews.com/global/mideast-africa/2021/12/03/france-signs-18b-weapons-deal-with-uae/), which replaces the Reuters news, for competency reasons, is one that shows us “The UAE is buying 80 upgraded Rafale fighters in a deal the French Armed Forces Ministry said is worth €16 billion (U.S. $18 billion) and represents the largest-ever French weapons contract for export. It also announced a deal with the UAE to sell 12 Airbus-built combat helicopters”, I am honestly happy for France (even though I lose out of 3.75% commission now), but the larger stage is that the US loses the anticipated $18,000,000,000 as well. And it is not that they didn’t need it with debt ceilings, resource shortages and contracts they might lose after that. And this links to it as others (Saudi Arabia) will also consider alternatives. So when you see this in the light of ‘the sector’s largest 25 companies totalled US$361 billion in 2019, 8.5 per cent more than in 2018’ (source: Sipri) a setting where the shift in the top 25 will shift to other players in that list, the US economy would take a massive hit in 2023-2024 I reckon, a setting that they could have avoided and the senate issues next week are important. When they are cancelled, take notice of ALL the senators who opposed them, you see they will give you some BS human rights setting, and that is fine. But the consequence is that Americans will face larger and harder heating bills and fuel prices. And then there is the setting that Rand Paul (Kentucky), Mike Lee (Utah) and Bernie Sanders (Vermont) leave you with, not the setting of “argued earlier on Tuesday that Saudi Arabia’s role in Yemen’s civil war, including an air and naval blockade of Yemen, “is an abomination.”” What they (intentionally) forget to mention is that the Houthis are the aggressors and they get direct support from Iran, and to some degree Hezbollah too. A stage that the people do not get to see, the media is making sure of that, or at least their stakeholders are. 

And it will fuel the fuel prices. You see the US needs these funds to pay debts and to get a smooth quality of life result in the US, when that falls away settings that I have stated over the last few weeks will hit US citizens hard, much harder then ever before with dwindling sources of revenue. 

And the jester from Kentucky adds to this with ““For years now, ships that would otherwise carry food, fuel, and medicine are turned away by the Saudi-led coalition, depriving the Yemeni people of the necessities to sustain civilisation,” Paul wrote in an op-ed published in The American Conservative” Yet when we see “Three-way talks between the Houthi rebels, the UN-recognised government of Yemen and the UN have foundered, despite repeated warnings, including at the UN security council, of the impact if the tanker explodes, breaks up or starts leaking. UN officials have been unable to secure guarantees to maintain the vessel, including its rotting hull, which is now overseen by a crew of just seven”, I am giving you another part, yes, there is a blockade by the Kingdom of Saudi Arabia, yet the setting is that too many goods will end up in Houthi hands and it is something that US intelligence operations know as well, it is a dirty mess down there (not part of this conversation). 

The stages are fossil fuels and revenue. The US needs both, and as the reserves are now tapped, the US will desperately need revenue, a setting that is diminished by some of the players. Not merely the stage of lost revenue, the stage of catering to Iran is a much larger problem. 

So the articles are merely casually linked, or perhaps more correctly stated ‘seemingly casually linked’, seemingly is a much larger word in that equation and it is ‘hindered’ by my personal view, yet I have shown (way too often) that I tend to be correct in that setting. So enjoy the future people in the US (EU too) will face. When the reserves run dry (no exact date can be given), the loud Ka-Ching sound in the sky will be the start of your energy and fuel prices going up by 20%-30% again and again, I personally believe that it will take a few more months after that months until the previous maximum of June 2008 at $156.85 per barrel will be reached, but after that the sky will be the limit for those selling fossil fuels. You did realise that, did you not?

So when you consider that over the last year energy prices have gone up by almost 50% (in the US), consider where it ends as revenue goes down further, consider how much reserves would be needed to address just the last year price hike and the price hike seen over the next 12 months. I reckon that the reserves will end up getting tapped by well over 10%, and I have no idea how long that will stop the price hikes, there is too much data missing and those who have that data are not lining up to share it with the world, let alone little old me.

So the stage of somewhat connected news is set to raise the bar on several fields. And for people to feel the need to stop Saudi arms sales, I get it. I would feel the same way if I was given such a one sided story by the media, but I learned to look to a much larger station (and a lot more sources). Yet with all the COVID protestors help will come from an unconsidered option, we merely need to lose 32% of the population to halt fuel price hikes, stop pollution settings and reduce the carbon footprint by enough, as well as food shortage that will come next. 

Yet I feel certain that plenty of people will disagree. 

Leave a comment

Filed under Finance, Media, Military, Politics, Science

Tagged as , , , , , , , , , , , , , , , , ,

December 7, 2021 · 17:29

Stating the obvious

It happens, we all do it and we do it for all kinds of reasons. We get into a place, or a state of mind and we state the obvious. There is no accusation, there is no giggle, it happens to us all (me too). So when he Dutch NOS stated ‘Education Council warns of inequality of opportunity through private tutoring’ (at https://nos.nl/l/2408491), I merely raised an eyebrow. You see that setting has been known since I was in school there well over a quarter of a century ago (around 1974). In those days it was merely to keep up with others, a stage I never actually faced. 

As such when we are given “Access to quality education now depends too much on the wallet of parents. Therefore, the role of the growing number of commercial tutoring, exam training and homework guidance providers in primary and secondary education needs to be carefully considered.” I think it was not stating the obvious, I started to think that the game of education in the Netherlands has changed and not for the better. I personally believe that it is not about “Access to quality education now depends too much on the wallet of parents”, I believe that there is a larger chance that overall education is slipping and the standard foundation of education will not allow the average student to push ahead to higher education. The reader gets the blah-blah “Government and school boards are not sufficiently aware of the risks that this development entails. The Education Council advises schools to think more carefully about ‘what is necessary’ for education and ‘what is nice’ to do with it. Everything that is needed should be freely accessible to everyone.” I believe that this is a shot across the bough. Those in eduction have been ignoring a setting that had been around for decades and now the government remains inactive on the premise the stage is shifting, the people without funds become those without a future. A stage that Dutch Entrepreneur and writer Luc Sala had been warning the people about since the late 80’s, it will become a setting of ‘those who have and those who have not’ and I am still around to see his wisdom come to fruition. The larger problem is that the EU is close to bankrupt. 

We see “European Union Total Debt accounted for 732.5 % of the country’s GDP in 2019”, a debt that increased with 7%, amounting to well over € 10,000,000,000,000. As such nations all over the EU are cutting corners and schooling is one of the earliest (and for some easiest) cuts. In the article we see with “The Education Council advises schools to think more carefully about ‘what is necessary’ for education and ‘what is nice’ to do”, yet the arts tend to be ‘nice to do’ and the business people do not realise that art and considering the artful is an essential element in what drives innovation. Looking at spreadsheets does not make you innovative, seeing how something could also apply, that does the trick and I have over a dozen of IP setting proving that (presently alas not cashable). But it is not about the cash, it is about the ability to get there. I have no idea how Sony makes their TV’s, but I found a way around it and come up with the concept of a printable solution for entertainment, education, information and military applications. No essential or necessary part of the education got me there, it was the ‘nice to do’ part that got me across the finish line, it also gave me a way to optionally meltdown the Iranian reactors (which will be more essential soon enough). 

The setting that Dutch entrepreneur Luc Sala presented decades ago is now tapping on the doors of Dutch schools and this scares a few people, as well it should. It is not merely about the stage of those who have and those who have not. It will be the stage of lasses that will be pushed upon everyone and there are more than a few people walking beyond their station (relying on the BS principle) where that is a concern, not merely those who follow guidelines. It will impact who gets to be on those guidelines and with schools failing all kinds of needs that setting will increase all over the EU, not merely the Dutch. The French, Italians and Spanish will see similar changes soon enough. It becomes a larger setting when it is NOT reported on there. Schools with all their ‘allegiances’ to international schools and their stage for international students will impact soon thereafter and that is when the budgets fall over. Because governments all over the EU will cut corners more and more and education will take a dive giving the US and Asia, especially private schools, a much larger advantage in the coming two decades. So whilst plenty of people in the US, Asia and Middle East are looking towards the boundaries of 6G in 2026, some people in the EU (in the Netherlands too) will then wonder what 6G is. Those who have and those who have not will polarise at that point and that setting is optionally less than half a decade away.

Leave a comment

Filed under Finance, Politics, Science

Tagged as , , , , ,

December 2, 2021 · 04:43

The shoddy essay

I actively dislike certain people, especially as they use their position to merely lash out at others. This is seen (at https://www.theguardian.com/world/2021/dec/01/saudi-arabia-yemen-un-human-rights-investigation-incentives-and-therats) when we see Stephanie Kirchgaessner have another go at Saudi Arabia. I honestly think that is all she does. So here is my take. The article ‘Saudis used ‘incentives and threats’ to shut down UN investigation in Yemen’ Of course my first reaction was ‘What UN investigation in Yemen?’ And the article starts off with “Political officials and diplomatic and activist sources describe stealth campaign”. I go into the article and I am treated to “according to sources with close knowledge of the matter”, “Riyadh is alleged to have warned Indonesia”, and lets not forget ““You could see the whole thing shift, and that was a shock,” said one person familiar with the matter”, so what people were familiar to the matter? What actually happened? It is a fair question, especially when we are given “The resolution was defeated by a simple majority of 21-18, with seven countries abstaining”, it is in this case that I am apparently a much better investigator. So, lets take a look.

First lets look at some headlines ‘UN calls on Yemen’s Houthis to release detained staff’, ‘UN: Houthi rebels impeding aid flow in Yemen’, ‘Yemen: Houthi Terrorism Designation Threatens Aid’, and these are just three headlines from dozens in the last two years. In this, the UN and other parties (like essay writers) have been really active in silencing any actions that included Houthi and Iranian forces in Yemen. The article has two mentions on Houthi, one in a photo and none (read: Zero) mentions of Iran. We see one mention of all in “committed by all sides”. The article is that one sided and that much of a hack job. The situation in Yemen is large, much larger then this essay writer makes it out to be. 

I am not making some claim that Saudi Arabia is innocent, but I can tell you it is definitely not that guilty either. Houthi and Iranian forces have at least part of that blame (well over 50%) and we seem to forget that all this started by Houthi forces, The Saudi coalition was asked to come and no one seems to notice that. So whilst the Guardian hides behind “the Saudis appear to have influenced officials”, I merely wonder if there isn’t a much larger picture. We see mention by John Fisher giving us “It was a very tight vote. We understand that Saudi Arabia and their coalition allies and Yemen were working at a high level for some time to persuade states in capitals through a mixture of threats and incentives, to back their bids to terminate the mandate of this international monitoring mechanism”, here we see the stage, but we ignore the lighting. In addition to that stage, what evidence is there for “through a mixture of threats and incentive”, you see Iran and  Houthi Yemen do not want any monitoring for a few reasons, and they are non-mentioned parties, why is that? Shovelling BS all on one pile is nice at times and we love to see all that BS piled up at Strasbourg, but that will not happen either will it? 

You think that this I the end, but it is time to add flavour to it all,  because in all fairness, Stephanie Kirchgaessner is not in this alone, the stakes against Saudi Arabia are much larger. That is seen when we add the Conversation (at https://theconversation.com/jobs-are-no-excuse-canada-must-stop-arming-saudi-arabia-171792) where we see “Jobs are no excuse — Canada must stop arming Saudi Arabia”, and I would state ‘Yes, handing more revenue to China is the way to go!’ I would love to get a larger billion dollar stake holding a 3.75% bonus setting. Even as we are given “The bulk of Canadian arms exports to the Saudis are light armoured vehicles, known as LAVs”, We see the attack using ‘Human Rights’ all whilst Saudi Arabia is under actual attack, Houthi (apparently Iranian operated drones) are attacking civil targets in South Saudi Arabia, so whilst we are given “Canada has twice been named by the United Nations Group of Eminent Experts on Yemen as one of several world powers helping to perpetuate the conflict by continuing to supply weapons to Saudi Arabia”, and we are not given the clear involvement of Iranian and Houthi settings, it is all a one sided attack and it matters, these people attack one sided for a larger need, an ego driven need and the media is helping them do this. But feel free to state I am wrong, and I am happy to be wrong, especially if $12,000,000,000 going to China might fetch me a nice 450 million dollars (I can dream, can’t I?). when the numbers are this high 3.75% makes a very nice number. And the world is making this happen, so when we see project after project fail in Europe and the US because the moral high ground came at a price, consider the names of people who made that happen. Hunger on the moral high ground is not rare, it usually is linked to all kinds of revenue that they never got. This is not a perfect world, I never claimed it to be, but a commerce world needs to sell all kinds of stuff, also stuff that seems to be wrong, there is no denying that. And when it comes to that side, these two articles leave Houthi and Iranian actions in the dark. You should wonder why that is, because a nation does not spend 12 billion in any one sided event. If it was truly one sided one billion would have been more than enough. Did you consider that?

The US and the EU have at presently dropped 48 billion in revenue, revenue that they desperately needed and now that von der Leyen revealed the ‘300 billion euro answer to China’s Belt and Road’, how will that be paid for? Not from the revenue that Saudi Arabia required to defend its borders. That revenue will support China’s Belt and Road projects, a nice pickle they got themselves in and no one is wondering how this farce can go on, because soon there will be no money left, the overdrawn credit cards from the US, the EU, France, Germany and the UK makes any economic action close to impossible. And soon (in about 3-5 weeks) when the US has another debt ceiling, consider all the things that the US could have done to stop the new stress settings; the EU and the UK as well, now that these funds are going to China, the stage changed, the electricity bill can no longer be paid and there is no fighting ring, there is no event to watch, it is just a dark room in a dark location and that I the setting we all had to avoid. But rejoice, you then know one element that Yemeni people face, they have no electricity either, the Houthi forces made sure of that. 

Leave a comment

Filed under Finance, Media, Military, Politics

Tagged as , , , , , , , , , , , , , , , , , , ,

December 1, 2021 · 13:07

Ego versus tax dollars

Yes, that is the setting. It is not a new setting, we have seen it before and it comes with a surprise, just like the Ferrero kinder surprise.

It is a chocolate egg, but in the middle there is a toy, a surprise. And ego versus tax dollars also have a surprise for the people. Yet in this case it is a little less nice, in this case the people, the tax payers pay either way and optionally they get to pay both ends of the equation. This is seen in BBC article ‘Multi-billion EU bid to challenge Chinese influence’ (at https://www.bbc.com/news/world-europe-59473071). Here we are given “It’s regarded as part of the West’s efforts to counter Chinese influence in Africa and elsewhere. European Commission President Ursula von der Leyen will present the “Global Gateway” initiative on Wednesday. The EU is looking at how it can leverage billions of euros, drawn from member states, financial institutions and the private sector”, now consider the setting:

  • member states
  • financial institutions
  • the private sector

And here is the rub, here we see how the tax payer gets that bill twice. Or a speculated once for the duration of twice the timeline. The member states sounds nice, yet the credit cards of France, Germany, Belgium, the Netherlands, and Italy are severely overdrawn. So who will pay? Poland? Austria? Hungary? Estonia? Gimme a break please.

Then we get the second setting the ‘financial institutions’. Yet they will BORROW you the money for an interesting percentage, which means that a load with up to 15% interest is still payable by the tax payers. 

The private sector? Who has that kind of cash? I reckon that Webuild SpA (formerly Salini Impregilo SpA) will take the job, as long as they get the job with a few long term tax benefits, optionally at cost + 3% + tax benefits. And who do you think pays for it in the end? Yup you got it, the poor poor taxpayer (you). 

As such when I see “It has been criticised as a means of providing “predatory loans” in what is labelled “debt-trap diplomacy”” I am not opposing this (as I never looked at that data), yet the wording is almost exactly like the big tomato of MI6 (you say potato, I say tomato). Isn’t that a nice coincidence. Almost orchestrated. Now, I accept that it might be true, but in that same way Iran has been doing all over the Middle East and the same parties were eager to avoid shining the limelight there, and now that Huawei has a much stronger case (made in Saudi Arabia) and their 5G is 700% faster then anything the US has. The link here us that both Huawei and Saudi Arabia have a larger case for Egypt and that matters. With Neom city smack in the middle, they are likely have an operating 5G network long before the US figures out that marketed speed is not the same as real speed, but they will and they will see the cost involved. In that same light the BS approach to the arms deals with Saudi Arabia, China has a larger stage now, a stage that will cost the US well over 9 billion with a nominal maximum of $23,000,000,000 over the next 5 years, revenue handed to China and we see European Commission President Ursula von der Leyen getting ready for a presentation that is as I personally see a joke the EU cannot afford. Not with the US handing business over to China as they did over the last 12 months alone. 

So when we consider “Mrs von der Leyen said in her State of the Union speech in September: “We want investments in quality infrastructure, connecting goods, people and services around the world.”” We need to see the word ‘investments’, which is nice, but does that not imply that you have the funds? If not (which is the case) it ends up being a mere ego loan and that is not what is supposed to happen. I am not against it, as long as CORPORATIONS are properly taxed and that has been a horse no show for over two decades. I wonder what happens if Huawei and not Amazon decided to buy my 5G (and a few other matters). We then get a setting that shows that the European ego race was over before it even began, it was over when the ego driven tailored to stop the innovations because it did not give them a nice percentage, that is the larger stage we need to see and that is merely one of 4 elements stopping this ego driven presentation that is coming in hours. So even as we are given “Wednesday’s 14-page document isn’t likely to explicitly pitch itself as a rival to China’s strategy.” A setting that gives us the not explicit, it is relying on implied settings, a stage that can be revamped any given stage and there is the second rub, if you cannot go out and say what you mean, you can never mean what you say. That has been a truth for a lot longer than we had the internet. The EU relying on nudge-nudge-wink-wink settings (sorry Monty Python). When was the last time time you saw that going well? And now it involves multi billion euro plans that they cannot even afford. So in the end you the tax payer (if you are in the EU) get to pay that bill too. So hows that going against the rising prices of energy, Gas and petrol? Oh and how about the food prices, inflation of food which was 0.1% in April 2021, which is 2.3% in October 2021. Which is nothing to what I saw at the supermarket. I saw minced meat go up almost 20% in the last few months. So enjoy that extra tax bill with all the expenses you have in Europe. You elected what is there, so you get what is coming. 

Leave a comment

Filed under Finance, Politics

Tagged as , , , , , , , , , , , , , , ,