Category Archives: Finance

That’s entertainment

Today is a weird day, it is globally weird. You see, today billions will focus on who is getting an Academy Award, some are hoping to see the idol of their life, like Chris Hemsworth or Scarlett Johansson. Some hope that Stan Lee will be asked to hand out an Oscar and others (many ladies) are hoping to see the extravagant post fashion styles that the ladies will cloth themselves in. Among them millions of movie fans that get to see if it is the movie that they liked will win the Oscar. Now with Saudi Arabia opening cinemas in Saudi Arabia, will the MBC Group be there this year or will they start broadcasting the event next year? Another optional group of 34 million viewers in a group that currently is set to billions.

So whilst we wonder which one will become the best movie, my vote is on the Shape of Water, yet I believe the statue is likely to go to Three Billboards Outside Ebbing, Missouri. No matter who will win, we see that in Syria ‘forces loyal to the Syrian president, Bashar al-Assad, have captured six villages and towns bordering the besieged rebel-held enclave of eastern Ghouta, as hopes that a long-planned humanitarian convoy might enter the area were dashed again‘, so as we learn that the death toll of 103 since Saturday highlighted the paralysis of an international community that had demanded the ceasefire and the delivery of humanitarian aid, we need to realise that the UN and the UNSC has become nothing more than a paper tiger that has the ability to roar towards the media, but without claws and teeth, it can no longer be the legislation that bites, or the shield that scratches. Just like the Wonder Woman 1:1 figurine (at https://www.cbr.com/life-size-wonder-woman-statue/), that is for sale for $1990, pretty, nice, but basically something you can walk around and unless you have real space in your apartment space that remains wasted but for the true Wonder Woman fan. It is a shame that the once mighty organisation has lost its impact on the world, well that is how the 475,000 fatalities in Syria feel about it. Oh, no, they do not. They are dead, they no longer feel anything.

So whilst we look back on the Oscars, wondering who best actor and actress will be, I have to admit that I am clueless. I had not seen Margot Robbie, or Saoirse Ronan, but both Francess McDormand and Meryl Streep did shine in their parts, my money will this time be on the 3 billboards main character, but it is anyone’s guess, I can’t even be sure if the experts in acting can figure out who will win that one. So as we are in that part, we need to realise that Danny Danon is quoted by the Jerusalem Post (at http://www.jpost.com/Arab-Israeli-Conflict/UN-Ambassador-Danny-Danon-decries-UN-inaction-on-Iran-at-AIPAC-544188) to do something about Iran. Now, this is not the first time that Israel has issues with Iran. So when we see “While speaking at the AIPAC Committee Policy Conference in Washington on Sunday, Danon said it was crucial that the international community recognizes the threat Iran poses to regional stability. “It is vital that the UN focus on the real problems of the world, like Iran,” the ambassador said. “We all know just how dangerous this threat is, but the UN is wasting time and energy on votes and reports against Israel.”” we see nothing new, yet in the opposition, we see (at https://www.cnbc.com/2018/03/03/iran-calls-on-us-europe-to-scrap-nuclear-arms-missiles.html), that Iran has a warped sense of needs. With “Iran will not negotiate over its ballistic missiles until the United States and Europe dismantle their nuclear weapons, a top Iranian military official said on Saturday“, so not China, or Russia, or India. Merely that the US and Europe dismantle is. From my point of view, the ‘top Iranian military official‘ was born stupid and the man stopped evolving after birth. Naive and stupid in one efficiently compact package, could we get it any better? So when we see “Iran says its nuclear program is defensive because of its deterrent nature“, should we consider its delivery to Yemen as a defensive posture? And what happens when the Iranians ‘accidently‘ (due to their lack of intelligence) send the wrong missile to Yemen? Will we get to see the UN representative go ‘oops!‘? I am merely asking because of the short-sighted situation here and in all this the stage of the theatres in politics and the theatres of war seem to overlap, none of them worthy of an Oscar in this particular setting, but we thank the nominees for playing their part. So whilst we saw the Paper Tiger called ‘United Nations’ in other settings, we see that the acts by the “UN Human Rights Council’s “blacklist” of Israeli and international companies operating in Jerusalem, Judea and Samaria and the Golan Heights” is setting the premise in a different light. So whilst we see “a US delegation visiting the West Bank had to be rescued by Palestinian Authority policemen on Thursday after being attacked“, we see that Palestine is still demanding to be recognised by the UN, whilst still sending rockets into Israel. Some things will never change I reckon, but it is a sad state of affairs across the decades.

When it comes to the supporting acts in the Oscars, my hopes are for Sam Rockwell and Octavia Spencer, that whilst the others would be equally deserving, especially Richard Jenkins, yet in the end, we can only cast out votes once and that is how I would have voted. In that same light as the United Nations Security Council cast its vote a week ago on a Russian sponsored resolution regarding Yemen, we see that the Toronto Star reported that 55 people dies in the clash in Yemen, so whilst we see (at https://www.defensenews.com/congress/2018/03/01/us-senators-want-vote-to-end-support-for-saudi-arabia-in-yemen-war/), that we see ‘US senators want vote to end support for Saudi Arabia in Yemen war‘, that whilst the rightful ruler asked for the help of Saudi Arabia, in all this, where was America? Oh and where is America in regards to the Syrian war? Perhaps some will remember the attack on 21st of August 2013, so when the UN inspection got there and they confirmed “clear and convincing evidence” of the use of Sarin delivered by surface-to-surface rockets; in addition a 2014 report by the UN Human Rights Council found that “significant quantities of sarin were used in a well-planned indiscriminate attack targeting civilian-inhabited areas, causing mass casualties. The evidence available concerning the nature, quality and quantity of the agents used on 21 August indicated that the perpetrators likely had access to the chemical weapons stockpile of the Syrian military, as well as the expertise and equipment necessary to safely manipulate large amount of chemical agents“. Yet the American satellites were useless, even as they got the IMAX view with stereo sound of the speculated 1600 bodies, who all screamed a horrible death as they died, the American saw nothing, or so they say. Perhaps it is like Turkey and the Armenian genocide. They were just too worried to kick the wrong political pile, or as the NY Times stated it “A bill to that effect nearly passed in the fall of 2007, gaining a majority of co-sponsors and passing a committee vote. But the Bush administration, noting that Turkey is a critical ally — more than 70 per cent of the military air supplies for Iraq go through the Incirlik airbase there — pressed for the bill to be withdrawn, and it was” (at http://www.nytimes.com/ref/timestopics/topics_armeniangenocide.html) and Bush was not alone The Obama administration did the same with “Ben Rhodes and Samantha Power, key foreign policy advisers to Obama, say his administration was too worried about offending Turkey” (at https://www.politico.com/story/2018/01/19/armenian-genocide-ben-rhodes-samantha-power-obama-349973), pussies, the whole bloody lot of them on both sides of the isle. So as we get “As a presidential candidate in 2008, Obama promised that he would formally recognize an Armenian genocide as historical fact. But as president, he passed up multiple chances to do so, including in 2015, when Armenians marked the 100th anniversary of the atrocities“, we need to recognise that recognition is no way to commerce and cash is king, especially in a bankrupt America, or so say the rulers from Wall Street. So in light of the inactions, will Hollywood make it up by making ‘Last Men in Aleppo‘ documentary of the year? I cannot tell because I did not see any of the documentaries, I do believe that Inside Job in 2010 was the last documentary I saw and that one actually gives more rise to the rumours that Wall Street is the actual ruler of America. The fact that Kim Kardashian, yes Kim Kardashian of all people who ended up bitch slapping the Wall Street Journal for denying the Armenian genocide must be the highlight for the WSJ to set in stone, sometimes the people you ignore because they are outside of ones scope of entertainment are the ones surprising you beyond belief. So as we are getting close to the start of the Oscars, as we wonder if there is going to be the crossing of dictionaries between Jimmy Kimmel and Matt Damon, we wonder if Jimmy is going to get a few jabs in against Mrs Damon’s favourite Martian.

As we wonder whether the UN has any values left by targeting Israel whilst ignoring Iran, whilst their actions regarding Syria are unanswered and unnoticed by Syria and Russia, we also see the accusations via Haaretz (at https://www.haaretz.com/us-news/allegation-kushner-punished-qatar-resurfaces-in-mueller-probe-1.5869124), that ‘Kushner Punished Qatar for Not Investing in Real-estate Deal Resurfaces in Mueller Probe‘, where we see “Special Counsel Robert Mueller has asked witnesses about Kushner’s attempts to secure financing for his family’s real estate ventures, focusing specifically on his talks with people from Qatar and Turkey, as well as Russia, China and the United Arab Emirates, NBC News said“, so even as it is about Qatar, the smallest part with ‘talks with people from Qatar and Turkey‘, so even here we see actions that involve Turkey somehow. The question becomes what did Turkey get out of it, because going back to 2001, we have seen that Turkey only acts when it (largely) benefits Turkey, a stance that cannot be faulted, but we can wonder if the other side has any business trying to do business with Turkey in the first place. so when we look at the Global Magnitsky Act (at https://www.hrw.org/news/2017/09/13/us-global-magnitsky-act), where we see: “In an important step for global accountability, Congress built on the original Russia-focused Magnitsky law in 2016 and enacted the Global Magnitsky Act, which allows the executive branch to impose visa bans and targeted sanctions on individuals anywhere in the world responsible for committing human rights violations or acts of significant corruption. The act received widespread bipartisan support. Senator Ben Cardin, a Maryland Democrat, introduced a version of the bill, and five Republican senators and five Democratic senators signed on as co-sponsors. President Barack Obama signed the law on December 23, 2016“, yet as far as I have been able to find, there are no Turkish Parties in any of this, is that not odd. When we see the acts in Syria, or even closer to Turkey, the 6 journalists that have been ‘praised’ with life imprisonment, how humane has Turkey shown itself to be?

Yet in the end, we can see all this as a mere form of entertainment, there are the Oscars, we have the Raspberries where (unsurprisingly) this year the Emoji movie took a near clean sweep of all possible wins, we could get the Golden Bazooka, or the golden Rack (that device that adds 6 inches to your length in 5 minutes), is there any doubt who would win those trophies? I wonder if people would stay at home for that. Eating popcorn, watching the atrocities and voting who was the worst of the worst. It entertainment, that is how our lives are minimised and scrutinised to, because actually improving the overall state of the world might no longer be an option, in that we can see that the financial sector on a global scale removed all available funds for that endeavour.

That’s life, that’s entertainment and it is the way we now choose to live!

Through acts of inaction, shame on us!

 

Leave a comment

Filed under Finance, Law, Media, Military, Politics

Is it merely timing?

When I looked into some off the Mario Draghi matters two days ago, I made a reference to his little kart, a kart full of tricks or is it a kart of indiscretion? So let’s take a look at the alphabet, the alphabet of ABLV

A is for Actuality

You see, the European Central Bank publishes a list where all the supervised entities are and the list starts with “Cut-off date for significance decisions: 1 January 2018“, so as we are in March (way past January 1st) and that same attached list gives us on the 81st position the ABLV Bank, AS, with the mention of ‘Among the three largest credit institutions in the Member State‘, whilst there is also (non-supervised) the ABLV Bank Luxembourg, S.A. in Luxembourg, yet stated and linked to the ABLV, should we wonder if we are being had? In light of the news two days ago when we were treated to “Draghi did address a question on why ABLV Bank received emergency support from the Latvian central bank before the ECB declared it failing or likely to fail. He said that the Emergency Liquidity Assistance policy – under which national central banks rather than the ECB decide to provide support to troubled lenders – is a “remnant of a past time” and should be reformed” (Source: Australian Financial Review), whilst the bank was being supervised according to the ECB, the fact that they are grasping at the notion that the left hand does not know what the right hand is doing, is that not an indication on how massively useless and overpaid the members of the ECB are? Just so that we are all in clear and that we all understand what is going on, let’s look at ‘supervision’, which the dictionary calls ‘the action of supervising someone or something‘, and with ‘supervising’ we get ‘observe and direct the execution of (a task or activity)‘, it seems to me that the ECB was not doing any observing or directing, so if the ABLV did not inform the supervising entity, I have a hard time to comprehend the Bloomberg article (at https://www.bloomberg.com/news/articles/2018-03-02/latvia-analyzing-rimsevics-s-role-at-ecb-as-he-returns-to-work), where we see: “Latvia is still considering the ramifications of central bank Governor Ilmars Rimsevics’s status as a suspect in a bribery probe, as he returned to work this week and weighs up how to continue his role at the European Central Bank“, in my view, either the ECB knew in advance certain matters, or we have a different puppy in our midst. Now let us be clear, one is a setting of corruption, the other is the ‘receiving of emergency support from the Latvian central bank‘, yet the fact that this all happened during the oversight of the ECB makes it twice the size of the issue. The ABLV went to the Latvian Central Bank (Governor Ilmars Rimsevics) and got emergency funds, yet what was the origin of those funds? So when we see “Both ABLV and Rimsevics deny the accusations in cases that the authorities say aren’t linked“, my response would be ‘Really? So who are exactly those authorities?’ It seems like a simple question but it is one that we will never see an honest answer to I reckon. The links are not clear, but consider the following accusations.

First we have “The U.S. Treasury Department alleges ABLV engaged in institutionalized money laundering and violated sanctions put in place to counter North Korea’s weapons program

Second we get “Rimsevics has denied any wrongdoing, and Latvia’s Defence Ministry said that the allegations were part of a “massive information operation” by an external actor.” I used them in the article (at https://lawlordtobe.com/2018/03/01/the-failing-mario-draghi-kart/), yet who exactly was the external actor?

It is the second one that is weird, so how did the Defence Ministry get involved in a banking issue? Did it come from the office of Minister Raimonds Bergmanis, it would be an interesting tug of war between him and me, because I have my own centre of gravity and he is a three time Olympic contender in the category of weightlifting. I did not have all the information I needed in that piece, and I was juggling a few issues, so I moved it all along to today.

B is for Bloomberg

Bloomberg ends with “there are no signs other Latvian banks are experiencing outflows after the ECB decided to close ABLV on the grounds that it was failing or likely to fail. What happened to ABLV is a signal to other banks to follow the rules, she said“. Yet is Finance Minister Dana Reizniece-Ozola giving us the goods? Why did the Defence Ministry get involved? Was it to emphasize the weapons accusation? Clearly that would have been an issue that resides with Latvian Intelligence. So as Reuters gives us “Ainars Latkovskis, the head of the national parliament’s anti-corruption committee of lawmakers, who also urged Rimsevics to step down” as well as “Latkovskis, who is authorized to listen to reports from the heads of the Latvian intelligence agencies, dismissed hints by some local officials and politicians that a Russian campaign of disinformation might be behind the case“, it seems that the Intelligence official is either trying to stay out of this or we can see this as a sign that the SVR RF (the Foreign Intelligence Service of the Russian Federation) has been whispering in someone’s ear and the culprits have overplayed their hand. Now no matter what has happened in that tier of the industry, it still gives us that the ABLV made a deal for funds with the Latvian Central Bank and the news as shown by the media is giving us that the ECB was either unaware or was informed after the fact with ‘Good news, we solved the problem‘ and now we see that the banks who are on the oversight list are either not getting supervised or they are ignoring their supervisors, I wonder which scenario is worse for the ECB.

L is for Liable

If you think it does not matter, think again. We pump billions into the UN and it cannot arrange a ceasefire (Syria), we pump billions into the European Union and the ECB is casually unwilling or unable to do their job and those people are fetching a lot of money every year. Two entities who are now proving to be more and more facilitators for the wealthy as well as paper tigers with a fluidic agenda that merely spells ‘compromise to keep the engine going’. So when did wee surrender our tax funds to those ends?

So was this all done through the allowed whisper via Sergey Yevgenyevich Naryshkin? I am merely speculating here, but the parts and numbers currently do not add up. You see, as Reuters gives us “The ECB appears to have been blindsided by the ABLV case, highlighting how thinly it is spread in supervising Europe’s biggest lenders and raising questions about a system of euro zone supervision just three years old“, this is seen (at https://www.reuters.com/article/us-ecb-russia-vtb/ecb-drops-supervision-of-russias-vtb-arm-in-the-euro-zone-idUSKCN1GE2N8), can we say that it is that simple? It remains pure speculation from my side, yet when we see “The European Central Bank has stopped supervising the Austrian arm of Russian state bank VTB after it slimmed down its European operations, the ECB said on Friday. A spokeswoman for the ECB said VTB’s new set-up in Europe no longer warranted direct supervision, which was now in the hands of Germany’s national regulators, Bafin and the Bundesbank” I wonder if there was anything simple on this. We could argue that Sergey Yevgenyevich Naryshkin did exactly what he was supposed to do, to serve HIS country. Yet the information gives me the feeling that this looks like a line of banks with Latvia between the Latvian ECB and the Russian ‘SVCR RF‘ bank. The two outside parties agree to keep each other afloat by shaking hands and pushing at the same time the ABLV over the edge in a combined effort. What some did in primary school (the old tactics are usually the best).

Still, this is all merely speculation from my side mind you!

V is for Voter

The question that remains is how the US authorities got to that jump and where is the evidence? Apart from the fact that one accused of bribery is allowed back into his office until the dust (read: investigation) settles is also cause for concern. You see, the news (at http://www.mod.gov.lv/Aktualitates/Preses_pazinojumi/2018/02/20-01.aspx) gives a part, but when we consider it and dissect “Latvia’s security-sector personnel have raised the alarm that outside actors could be using these current financial and banking scandals against Riga. The Latvian Ministry of Defence has pointed out that the AP news agency’s reporting on Latvia’s connection to various international financial corruption schemes has been reposted with unusual frequency on numerous websites known for distributing messages supporting Russia. As such, the defence ministry has called this media blitz a possible “hybrid”-style operation within a broader information war against Latvia“, we could agree that part of this is an issue. Yet is the foundation wrong? Is the bribery a fact? If so, why the hell is Ilmars Rimsevics allowed back in his office? If we see statements that there is proof, why not give that out to the open? So who were the outside actors? You see, accusation of bribery requires evidence and it is not out of the blue that Russia would expose bribery so that their operations could profit. That is not merely Russia, American politics and Wall Street have operated on that premise for decades, so it is not altogether weird to see Russia play a similar game, if that was the case. So even if there was an ‘information war against Latvia‘, it was done under the noses of the ECB and Mario Draghi. It was not merely a “remnant of a past time that should be reformed“, it was an option where the ‘the Emergency Liquidity Assistance policy‘ was overlooked by overpaid ECB executives, especially in light of the fact that by their own reports that the ABLV was under supervision.

Bloomberg supports my views (at https://www.bloomberg.com/news/articles/2018-03-02/draghi-confronts-limit-of-his-powers-as-latvian-standoff-endures), where we see ““This reveals the impressive lack of power of the ECB in such circumstances,” said Stanislas Jourdan, the director of Positive Money Europe, an advocacy group calling for more transparency and accountability on economic policy“, which on one side is just as it should be about the sovereignty of a nation, but the fact that the ECB are confronted with their own foot in mouth protocol at the expense of millions, if not billions is a larger worry, because they already pushed a $3 trillion debt on the people of Europe. I also support the view we see at: “Draghi already expressed dissatisfaction to ECB officials in the week after Rimsevics’s detention that enough details from Latvia hadn’t been forthcoming, according to people familiar with the matter, and that may still be the case. Latvian Finance Minister Dana Reizniece-Ozola said on Friday that the anti-corruption office is “in the process” of giving the ECB all relevant information“, it is not about the ECB, it is a Latvian situation and in this Mario Draghi gets to do what most EU puppeteers do so well, they can bloody well wait (whilst still getting paid high amounts of money). Yet, in part this is not merely a waiting game, the fact that the voters are taking more notice of this mess is not helping him any, but that is the way life works and it is not always working in your favour. So when the Globe and Mail gives us “Did European Central Bank boss Mario Draghi save Italy or merely set up the world’s third biggest debtor for permanent zombie status? As Italians head to the polls on Sunday, the parties, big and small, are showering voters with promises of goodies galore“, we see the deadlines that the ECB has, it has a few and even as there is unlikely to be a stable Italian government, the fact that they won’t worry the ECB like Frexit Marine Le Pen or Brexit Nigel Farage, so they are not too worried, but the overall financial issues will remain and Latvia is not helping any with the news that they are the cause of at present. In the end, the question should become, how come that a supervised bank was able to do this? Because the answer needs to be coming from the people who are seemingly overpaid for work they basically did not achieve and that is not merely Mario Draghi; that list is a lot larger and in this case it might just exclude the one man at the top.

 

 

Leave a comment

Filed under Finance, Law, Media, Military, Politics

The failing Mario Draghi Kart

Just yesterday, the Deutsche Welle (at http://www.dw.com/en/eurozone-economy-still-requires-stimulus-ecbs-mario-draghi/a-42751327), gave us that the ‘Eurozone economy still requires stimulus‘, so after these years the stupid and the rich still will not learn and the people are about to pay for it dearly. That is, not the UK, they might have gotten out just in time, if they don’t add delay upon delay. Even as we are sussed to sleep with: “The bank is gradually reducing its bond purchase program but it may continue past September”, the people are sussed to sleep, in a situation, where they sleep on a luxury liner and it is going down. Like having a nice cabin on the Titanic and you decided to sleep in on April 15th and you did. You never woke up, you could if there was oxygen, yet oxygen is 3786 meters away, 3786 meters straight up!

So when we are pointed at the ECB’s asset purchase program, which began three years ago, and which has seen the central bank spend €2.55 trillion ($3.14 trillion) to buy government bonds and other financial assets. The people are not given clarity on where that money went EXACTLY, in other news, that news we got months ago on Mario Draghi being a member of a very exclusive 5 mile high club. So when we got 6 weeks ago: “European Central Bank President Mario Draghi should give up his membership of the opaque Group of 30 consultative body because it risks hurting public confidence in the ECB’s independence, the European Ombudsman said on Wednesday“, how come the near entire bloody media has not followed up on this? After that one day it was silenced, the ECB will not respond, Mario Draghi apparently keeps on getting away with whatever he needs and there are no questions, not even on an international level which is unsettling in so many ways as it leaves us with the indication that the media may be as unreliable as the politicians they are reporting on.

A program that has sunk 3 trillion dollars and everyone is just stating that the economy is great, yet nobody is asking the number one question and that is ‘How will we pay it back?

The theory of printing money

Mario Draghi, president of the ECB has profiled his place and his ‘bank’ as awesome, marketing on a near supreme level, like a politicians stating on how honest he is. Excellent standards, great breeding and stellar academic excellence, and you know that expression about a story being too good to be true?

So they have their ‘Quantative Easing’, they use it to buy government bonds and other financial assets. The purchases have helped keep borrowing costs low, which in turn have boosted spending and investment in the Eurozone economy. But is this true? You see, there are now two levels of problems and dangers. When we consider that the bond is a debt security, under which the issuer owes the holders (so the government that issued the bonds now owes the ECB), a debt and (depending on the terms of the bond) is obliged to pay them interest and to repay the principal at a later date, termed the maturity date.

So over $3 trillion is bought from these governments and those governments are paying the ECB interest until they pay back the amount at the date of maturity (could be up to 30 years). So basically they are pushing massive debts forward, it is almost like the Greek debt mess, but now close to 173 times more intense in regards to the outstanding amount. The current makers in charge get a free pass and leave the mess to the next person whilst they enjoy the millions they earned as well as the multimillions they got by being a member of an exclusive group of 30, as they get the results before any other publication and they get to the cream all without ever running the risks other ‘investors’ face.

So whilst everyone sees the interest only part, we are kept in the dark on the fact that an additional $3 trillion would be outstanding and with the UK out of play, the other nations will get to pay for it all, so when we consider that last week nations like the Netherlands told the EU that they want a freeze on EU contributions, so now we read: “Rutte has said he does not want the Dutch contribution to the EU to increase, despite the European Commission’s call for higher spending on climate change and border controls, and the gap left by Britain after Brexit. Like the Netherlands, Britain is a net payer into the EU’s coffers and will leave a large hole when it pulls out. The Commission wants to fill the gap through a combination of spending cuts and higher contributions, something which the Dutch strongly oppose” (at https://www.dutchnews.nl/news/archives/2018/02/dutch-prime-minister-begins-campaign-to-freeze-eu-contributions/), what no one is looking at, or mentioning is that the outstanding $3 trillion is going to be an additional matter to deal with, even if that is placed in a very separate part of the books. Payment will be due!

So as they give the mention how Brexit will be one reason to increase payment, the absence of the QA plan and outstanding amount remains unmentioned, it is an impact, but that is exactly why the UK got out in the first place. In this the contribution for the Dutch will go up by $4500 per person, so where is that coming from? Now consider that the impact of the matured bonds will be massive for the positive contributing nations, Germany, France, Italy, Sweden, Belgium, Denmark and Austria would end up getting a blow to their budgets unlike any they have had. The question becomes how intense depends on certain elements. So when we consider the bad curve. So, when the bonds bought reduce in value by 30%, the ECB is not hit, it might lose the value, but that means that the government it was bought from ends up with a smaller invoice to pay, and the losses for the investor (the ECB) loses 30% of their investment, now the EU nations as a bloc will have to come up with that money. So depending on where it was invested in, that government get to laugh as the other EU members need to pay for the ‘losses’, which amounts to the positive paying nations. This is one of the foremost reasons why I was all for the UK getting out as soon as possible. So these nations could end up paying an additional $1 trillion divided amongst them. So how was this ever going to be fair? Of course that is if the value of these bonds depreciates, if that does not happen, than there is no additional issue, but the fact that the outstanding amount is still due for payment and in light of the bulk of these EU nations not being able to keep a decent budget and almost no ability to pay such amounts does not help us in any way in raising confidence in regards to the EU moving forward. Greece is to the smallest extent some indication, even as many sources are positive, I have an issue with “The 2017 primary balance target of 1.75 percent of GDP is expected to be reached with a significant margin. For 2018 the primary balance target of 3.5 percent is considered achievable“, so there are two parts. The first is the use of ‘expected to be reached‘, margin or not, these numbers are not yet set in stone, so there could be a bad news cycle. The second part is ‘target of 3.5 percent is considered achievable‘, which means an almost 100% increase towards the positive result, which has never been realistic. Even as the unemployment numbers are down from 27% a few years ago, to 21%, this still implies that one out of 5 is without a job, that means the stresses on the Greek infrastructure remains and it will remain for several years to come. So when it comes to the larger nations, Spain, Italy and France are still a downward drag here in regards to the overall EU and their drag is draining their infrastructure and options towards pushing the EU economically forward, some others like the Netherlands and Sweden are ahead of the curve, but we forget that they are merely 26 million, whilst the three dragging us down represent close to 185 million people, in that regard we forget the weight that the larger nations have. So in that both the UK and Germany are the positive sides, but the UK is leaving and adding Germany only gets that group of 3 at 50% of the ones slowing the EU down, so even as the slowdown is a good thing, it is still a negative result in the end. So it is in that light that there is a growing risk to the entire Quantative Easing plan that Mario Draghi gave the EU and even as they are all on how ‘the economy is so much better‘, I agree that compared to two years ago, the people are more positive and jobs are getting better, yet this has been at the expense of unrealistic levels of spending and there is no given on when that will be resolved, so those people have a $3 trillion bill hanging over their heads.

You see, part of the problems is infrastructure, EU infrastructure mind you. So as the Australian Financial Review (at http://www.afr.com/news/economy/monetary-policy/mario-draghi-keeps-focus-on-monetary-accommodation-20180226-h0wos8) gave us “Draghi did address a question on why ABLV Bank received emergency support from the Latvian central bank before the ECB declared it failing or likely to fail. He said that the Emergency Liquidity Assistance policy – under which national central banks rather than the ECB decide to provide support to troubled lenders – is a “remnant of a past time” and should be reformed

Say What?

So basically a bank got support from its national bank, whilst the ECB had it as ‘likely to fail‘, so is this how Quantative Easing is ‘miss-spent’? It is not completely clear or fair to state it in that way, yet when we see Reuters with “The ECB said at the weekend that privately held ABLV is likely unable to pay its debts or other liabilities as they fall due. “We believe our bank will be able to settle with all of our clients in full,” ABLV, Latvia’s third-biggest bank by assets, said in a statement. “Voluntary liquidation is an important condition for it – the process has to be done as professionally and as transparently as possible, given the history of Latvian insolvency and liquidation processes”“, yet in all that is there any mention whether that included the emergency support funds? The text does not include that part, so that is money down the drain. That whilst it is not the only scandal that Latvia faces. If we consider the Stratfor view (at https://worldview.stratfor.com/article/what-watch-two-banking-scandals-unfold-latvia), we see “On Feb. 17, the Latvian anti-corruption agency detained the head of the country’s central bank, Ilmars Rimsevics, after Grigory Guselnikov, the Anglo-Russian owner of Latvia’s Norvik bank, accused him of taking bribes. Rimsevics has denied any wrongdoing, and Latvia’s Defense Ministry said that the allegations were part of a “massive information operation” by an external actor. Latvian Finance Minister Dana Reizniece-Ozola said that the corruption allegations would be investigated“, as well as “a report issued Feb. 13 by the U.S. Treasury Department detailing the results of its investigation that found ABLV had facilitated transactions linked to “large-scale illicit activity connected to Azerbaijan, Russia, and Ukraine” as well as activities circumventing sanctions on North Korea. In the wake of that report, significant assets were withdrawn from ABLV“. Now we can see that for what it is, yet we also get “the ECB’s Single Resolution Board has rebuffed ABLV’s efforts to seek financial assistance, determining that shoring up the bank “was not in the public interest.”“, so in light of the mention by Mario Draghi with ‘under which national central banks rather than the ECB decide to provide support to troubled lenders‘, I see it as instead of money wasted from the left trouser pocket, it came from right cheek pocket. How does that solve anything? The fact that the trousers came from the old tailor, the fact that the damage was not contained and allowed certain parties to take their cash out of Latvia is still cause for concern for those wearing the trousers.

That reflects also when we add the Greek issue that is playing right now with “the resignation on Monday of economy minister Dimitris Papadimitriou and his wife, the alternate labour minister, Rania Antonopoulou. Antonopoulou gave her notice after it was revealed that she had accepted €23,000 in housing benefits at a time of immense hardship for Greeks” (source: the Guardian). The issues playing do not seem like much, but it is like mopping the floor in a room where the water main has burst, it is close to pointless. In all this, especially when we hear Alexis Tsipras come with ‘praising the couple, in a speech late on Tuesday, for the “sensibility” they had exhibited in stepping down‘. To me it reads like ‘I am happy you vacated the premises as the people now know what you did and they are angry, thank you for that!‘ Is there any way that the Greeks are not getting fuming mad on that issue?

That is the part that does matter, because that is linked to whatever bonds were purchased, where they were purchased and how much is in play. We see none of that; merely that the invoice at present is set at 30 billion Euros per month, down from 60 billion per month earlier and 80 billion per month before that. So there is no way to tell how unrealistic my 30% loss is, it could be as low as 1% or as much as 41.3%, there is at present no way to tell. It is a long term gamble instigated by those in power now and left to solve for whoever gets to hold that seat when those spending’s mature and payment is due. Yet the chance of breaking even (best case scenario) is almost statistically impossible and no one has answers how to deal with it the moment it happens.

Can the Draghi failing be proven as a failure?

That remains the main event in all this and the fact is that the proof is nowhere near complete because the transparency in the spending and the path to repayment is missing. The fact that the money is printed and that the payment of the printed money is due at some point is not dealt with, by none of the media. Is it because it is not due now, or are we kept in silence because it stops us from asking questions? Perhaps like the elite group of 30 bankers, only initial questions are allowed and no response will be coming. That are merely factors in all of this and it does NOT sets any premise to the failure or success of the acts by Mario Draghi. Part of it is shown by Bloomberg a mere 15 hours ago, as they gave us: “The rate of price growth slowed to 1.2 percent this month from 1.3 percent, dropping to its weakest since 2016. The core measure was unchanged at 1 percent. The figures follow a series of releases that have checked the economy’s thundering momentum at the start of 2018, which had emboldened policy makers who want a faster unwinding of the central bank’s crisis-era monetary stimulus“, so even as that is not evidence, it seems to me that people are stalling and delaying stopping the QA wave, until the QA wave shows a positive. It is like watching a person throw more and more money in the pokeys until that person breaks even. In gambling terms it is watching a fool bleed dry. Even when we accept that a pokey returns 90% over its lifetime, that means that at the very least there is a loss of 10%, even if that person is getting lucky, the small wins are still used up whilst the player is trying to break even and in the end that money too is gone. That is how we could see the QA program to go and if that is true, a loss of 41.3% might have been optimistic, but it remains speculation. The article (at https://www.bloomberg.com/news/articles/2018-02-28/slowing-euro-area-inflation-helps-draghi-push-back-exit-debate) now gives the other parts I mentioned earlier too. With “consumer price growth almost halved in Italy and slowed in Germany” giving the line I had that with unemployment in Germany being an asset, but this slowing and 50% less gives rise to more without a job, or halted in economic growth for Italy, whilst Germany is halting to some degree their forward momentum, which translates in upcoming bad economic news cycles, or better stated less positive ones, so how will that impact the outstanding $3 trillion? The impact is only seen when that amount is due, but the impact will be there and those who pushed it onto us will no longer be around and they end up washing their hands off the dangers and leave us to pay the outstanding invoice, it makes for the most dangerous of market karts.

With ‘Buy now and pay when we make the most profit!‘ is an economic standard that has never been good commerce, or realistic for that matter; but that is exactly what Europeans signed up for, and the people in Europe end up not getting a say in the matter. That is the issue I opposed all that time and that is why I hope that the UK got out in time, because that part will drag the EU economy down to a degree it has not seen before. The only worry is what happens when that issue hits the European tax payers, because it will! No doubt about that!

 

1 Comment

Filed under Finance, Media, Politics

Guns on a plane

The Washington post is giving us another look at a situation we saw but most of us (including me) in the light it deserves. I mentioned it a week ago to some degree, but in this (at https://www.washingtonpost.com/blogs/post-partisan/wp/2018/02/27/hypocrisy-takes-flight-in-georgia/), we see that Karen Tumulty takes an interesting look at hypocrisy. She starts pretty hardcore direct with “Republicans have been trying for years to convince us that corporations have First Amendment rights — at least, that is, when it works in their favor“, although in this light the wooden spoon should hit the democrats with equal vigour. So when we see “Protecting free speech was the principle behind the Supreme Court’s 2010 decision in the Citizens United v. FEC case, which lifted the ban on corporate spending in elections and opened the spigot for unlimited outside spending” we see the first part, and with “Religious freedom is the rallying cry in a raft of efforts to give businesses the ability to deny birth control to their employees or to refuse service to customers based on their sexual orientation” part two. Yet we see the power that Karen has a much stronger point with “I will kill any tax legislation that benefits @Delta unless the company changes its position and fully reinstates its relationship with @NRA. Corporations cannot attack conservatives and expect us not to fight back”, in that instance I agree with the sentiment to the smallest degree and less with the action that Casey Cagle, ‘replacement’ (read: secondary) Governor of Georgia is making. You see, I saw the Delta move not in regards to enticing NRA members, as guns are not allowed on a plane, but the fact that they decided to cater to 5 million members, basically the discount was wooing almost 2% of the American to choose Delta instead of the other company that owns planes. It was just a good business strategy. In light in all this, when we use the Delta information with “Adjusted pre-tax income for the September 2017 quarter was $1.7 billion, a $182 million decrease from the September 2016 quarter”, so why they are given a $50 million jet fuel sales tax exemption t begin with is beyond me, it is not like the US government with 20 trillion in debt should be able to give tax exemptions to begin with. It does remain a matter that America is a populist culture that is emotionally blaming the largest target that makes them short sighted, a failing skill in marksmanship and overall they are not too clued in, which still remains their right to have.

But it is not about them, it is about the way that corporations are running for their life because the NRA member is the preferred member to discriminate at present, which is hypocrisy gone nuts I say. There is however another side that Delta was happy to ignore. You see, when we see: “In other words, it was a business decision, made not to promote a political agenda, but to distance the airline from controversy by treating NRA members just like its other customers” is one take, but consider that up to 5 million will now NOT be flying Delta, whilst the others are not Switching to Delta (in light to a previous annual downturn of profits) gives rise to the likelihood that Delta will have to report their numbers to be down for at least another year. In light to the reference to Delta withdrawing support from the New York City’s Public Theater shows them to be not strong of character, merely weak in the back, merely paperbacks, not a hardcover among them. So when the $50 million jet fuel sales tax exemption does not pass and they lose on customers as well on reduced cost of ‘existing’, how will Delta then look at its poor record of character?

Even as we are all likely to agree on: “There is a reasonable argument to be had over whether that kind of tax break is smart economic development on the state’s part, or corporate welfare. But Cagle’s threat makes it clear that what’s really going on here is political retribution, not economic policy” we need to acknowledge that Delta basically got caught between populist shortsightedness and 17 cadavers. Yes, I am stating it that blunt, in light of the UN ceasefire failing in Syria and the 250 fatalities in Syria in the last 2 days alone. How much outrage against the Syrian government and the Russian mercenaries was shown? Oh, no! Perhaps it does not count if it is done with plane bombs and artillery shelling?

It is cruel to set the Florida victims in such light and I do apologise for that, but it is important to see that we seem to have multiple grades of values in place and that is not fair (read: acceptable) either, especially as these NRA members, those 5 million get the hatred and bullying in light of acts they never did, contributed to or set any level of approval towards. This entire matter is exploding (with exception of the family members of these victims) by people who hate people that like guns. It feels too much like the segregation and isolation of the Jews in the Germany in the 30’s as well as the Netherlands (and several other nations) during WW2 (an exaggeration, I admit). Yet in all this, I feel that the NRA spokesperson Dana Loesch is equally off her game (at http://www.news.com.au/world/north-america/florida-school-shooting-nras-response-to-parkland-attack/news-story/9f565d930e6fe7e9a6d1fd768190f696). With ““I don’t believe this insane monster should ever have been able to obtain a firearm,” Ms Loesch responded. “This individual was nuts,” she said. “None of us support people who are crazy, who are a danger to themselves, who are a danger to others, getting their hands on a firearm.””, she is right of course, but the entire mess of calling him nuts sets the mental health issue in play and even if we agree to some extent with Joe Rogan, the comedian and podcaster of ‘The Joe Rogan Experience’ as he stated in one of his podcasts on “how the “gun problem” is actually a mental health problem“, he brings a decent case, but there is an issue on several matters. You see if a person is sane enough not to trigger flags when trying to buy a gun there is a more complicated matter in play, optionally not all set towards mental health, in addition, none of the parties involved have touched on the ATF failings, which I found and continued on after the Deutsche Welle brought it to my attention. That part alone is a much bigger failing on ALL the parties involved. I raised that issue 6 days ago (at https://lawlordtobe.com/2018/02/22/united-they-grow/), with the reference to the Deutsche Welle article. At this I understand that the NRA needs a working relationship with the ATF, but that should include showing them the failure (read: fault) of certain matters, even if that causes ‘discomfort’ of the consumers towards the issues of second hand firearms sales. Dana could have conceded there to some degree showing how certain matters could have been safer, no matter if that impacted the Florida shooting or not. Any improvement is one that both sides need to grasp.

So even if we give proper acknowledgement to “To her credit, Ms Loesch did have the guts to show up to CNN’s forum, knowing she would face a hostile crowd. And the survivors of the Florida shooting grilled her“, I equally see that Broward County Sheriff Scott Israel saw things wrong. He has a point only to some degree, yet with ““I understand you’re standing up for the NRA and I understand that’s what you’re supposed to do,” he said. “But you just told this group of people that you are standing up for them. You’re not standing up for them until you say: ‘I want less weapons.’”” he shows a flaw. That is not or has ever been the function of the NRA and it is not about wanting fewer weapons, it is about stopping a person who had been flagged more than once and nothing ended up getting done, as well as keeping the American environment safer due to proper handling of firearms, as well as emphasising on the need for proper gun care and gun safety. The previous articles show that. He is correct with “stricter gun control needed to be introduced“, yet equally the ATF issue was not raised, even as the Deutsche Welle article had already hit the limelight by the time the forum happened. So why was this element not discussed there? In that regard I am happy to exclude the family and friends of the victims on that topic, but they should have been informed by the US media at large and that was not the case either.

If there is one element that Dana Loesch requires a discussion on it is given with “I had to have a security detail to get out. I wouldn’t be able to exit that if I didn’t have a private security detail. There were people rushing the stage and screaming ‘burn her’. And I came there to talk solutions, and I still am going to continue that conversation on solutions, as the NRA has been doing since before I was alive“, in that she should open the discussion on the ATF elements, as well as seeing their budget increased by close to 100%, so that the ATF can look at the current situation and get a report in place that might actually result in better gun control, because in that light not only does it serve the NRA, there is every confidence that in the end it will also serve the 5 million members that the NRA has, even if it comes with 1-2 inconveniences, in that light I can state that inconveniences have until now never resulted in fatalities, unless you are in Syria, where we see “Russian President Vladimir Putin ordered a daily five-hour humanitarian pause in hostilities in the besieged Damascus suburb of Eastern Ghouta, as bombardment has continued despite a UN resolution calling for a ceasefire“, apparently a 30 day ceasefire was too much of an inconvenience. Yet there is another side not mentioned. This was only brought to light just now by Fox News. We see (at http://www.foxnews.com/opinion/2018/02/27/nra-just-got-new-member-here-s-why-this-mom-two-joined-group.html) on how “a mom of kids in elementary school, I became a proud member of the NRA for the first time last week. I did so because the absence of common sense that I’ve witnessed recently is alarming to me as a parent“, this is to some degree to be expected, yet in light of the entire populist emotional mess that the Stoneman Douglas High School shooting is now bringing. You see the entire emotional mess that is pushed by too many ‘gun hating sides‘, not the friends and family of those victims mind you, which I see as an excluded group as they get a pass to be as emotional as they want to be, the others should have taken some level (read: any level) of a common sense road. The entire matter worsens when we realise that in the last event there is plenty of blame to go around. Even as the FBI admits to its failure, it in equal measure should have mentioned the many times it got things right, which gives us: ‘the terrorist axiom’. Any terrorist only needs to get it right once for any valid system or solution to be under attack and soon thereafter could become less effective. That danger is very much in play here and still the ATF remained off the sniper scopes of the media at large, especially in the USA, which is a rising oddness in all this.

To me the highest issue are the politicians and populists who are stealing the limelight in the guise of those poor 17 fatalities, whilst with a brazen state of illusion going after the NRA. It is in comparison almost like me calling Bill Gates a weepy geriatric softy because Apple IOS exists, and it only exists because he could not get the Windows editions, and safe affordable windows phones hack free and fast in time for Apple to be irrelevant. it is a weird and utterly obsolete way of thinking, but that is what we face and in that regard, the Fox News article which gives us “When I joined the NRA last week it was because I was tired of being preached at by people who are unwilling to look at the problem and only want to treat the symptom. It’s easy to blame the NRA, and it’s easy to blame guns. It’s the new trendy target, but it’s not the solution” and that is the truth of the matter which all the shouting parties are ignoring as well. So, as a pro gun person, am I happy with what the woman did? I cannot tell, the article does not tell me that she is a responsible gun owner, that she is clearly trained in properly using a firearm (which can be done in one weekend), but also whether she has all the right settings and safeties in place, so that when she is working, her early teens, when they are that, and find the gun and start playing with it because it looks cool and that is how ‘cops’ and ‘detectives’ hold their guns and shoot when they go after their ‘criminals’ in their playful fantasy. The Fox article is short of certain questions that should have been asked, or have been intentionally omitted from the article, I cannot tell either way, but that is also an issue here. And even when we see the trivialisation of “Timothy McVeigh used fertilizer to kill 168 people in an Oklahoma federal building in 1995“, whilst we see no mention of the technological solution to reducing the usefulness of Semtex to terrorists as well as the control and monitoring of the sale and distribution of Semtex. So in that changes has been made to some degree, we cannot tell how well it works but changes were made, so Fox News misses the target at least twice, making the article nothing but a shot in the dark at best, a worrying one, because mothers tend to get frantically neurotic when it is about keeping their children safe and as such thousands of new NRA members could come to the NRA fold, but as a gun lover, do question if they are doing it in the proper path, because the right way does not hold any water to a mother in fear of her child and too many are seeing that no guns is not a realistic option and mothers tend to look for and demand Direct Action in that regard.

And all this merely fades into nothingness when we realise “The U.N. humanitarian chief warned Tuesday that conditions in Yemen are “catastrophic” after three years of war, with a record 22.2 million people needing aid and protection“, (at https://www.washingtonpost.com/world/middle_east/un-humanitarian-chief-calls-yemen-conditions-catastrophic/2018/02/27/651660e8-1be0-11e8-98f5-ceecfa8741b6_story.html), so when we see “Undersecretary-General for Humanitarian Affairs Mark Lowcock warned the Security Council that conflict in Yemen has escalated since November, leaving more people hungry. “Famine remains a real threat,” he warned“, a nation where close to 85% of its population is now stricken with despair, famine, disease and death. As the UN reports to the people that close to nothing has been achieved, 85% of a nation approaching death. So as we relate that to the emotional and populist activities that followed a tragedy of 17 victims in regard to their limelight. We can make that into a movie and call it ‘Guns on a plane‘, in relation to its Herpetological cousin that cost $33 million to make and made $66 million in revenue, so there would be that consideration to keep.

 

Leave a comment

Filed under Finance, Law, Media, Politics

Losing business in America

The Washington Post had an interesting article during the weekend. The article (at https://www.washingtonpost.com/world/national-security/supreme-court-case-centers-on-law-enforcement-access-to-data-held-overseas/2018/02/25/756f7ce8-1a2f-11e8-b2d9-08e748f892c0_story.html) gives us ‘Supreme Court to hear Microsoft case: A question of law and borders‘ where the issue debated is: “At issue is whether a U.S. company must comply with a court order to turn over emails, even if they are held abroad — in this case in a Dublin server. The litigation turns on a 1986 law, the Stored Communications Act, passed long before email became a ubiquitous way to communicate and before American firms began storing massive amounts of data outside U.S. borders“, in this case it goes even further then the lawmakers or lawyers have considered. Apart from the fact that the server is physically in Dublin and a case would be required to be made in Strasbourg, there is one additional need (beyond the stringent privacy laws in Europe). Microsoft is phrasing it that in opposition, “an adverse ruling would leave the government “no basis to object” when other countries demand Americans’ emails stored inside the United States, that it would “trammel” other nations’ sovereignty and erode trust in a way that poses “an existential threat” to the $250 billion cloud-computing industry“, this leads us to the Cloud Act, as we get the quote (in this case from WCCFTech) “Congress is currently considering to make it easier for the law enforcement to access international data – one of the major headaches that the prosecutors currently face. Microsoft, Google and other tech companies who have had their fair share of issues with the government have long asked for a revamp of the legislation that demands companies to hand over data stored on a foreign land“, the question is not why it is needed, but on how the changing rule of privacy is impacting those outside of the US, more important, how it could turn against the US in the long term.

The danger is seen, not in Europe, but in Saudi Arabia where banking laws are actually extremely protective of the customers. Let me explain with the following information.

There are certain secular regulations passed by government, which although not dedicated as a whole to data privacy/protection, contain specific provisions governing the right to privacy and data protection in certain contexts. Examples of such regulations include:

  • the Basic Law of Governance (no: A/90 dated 27th Sha’ban 1412 H (corresponding to 1 March 1992)), which provides that telegraphic, postal, telephone and other means of communications shall be safeguarded. They cannot be confiscated, delayed, read or breached.
  • The Anti-Cyber Crime Law (8 Rabi 1, 1428 (corresponding to 26 March 2007)) (as amended), which generally prohibits, amongst other things, the interception of data transmitted through an information network, the invasion of privacy through the misuse of camera-equipped mobile phones and the like, illegally accessing bank or credit data of another, unlawful access to computers for the purpose of deleting, destroying, altering or redistributing private data, or the production, preparation, transmission or storage of material impinging on public order, religious values, public morals, and privacy, through an information network or computers;
  • The Telecoms Act (approved pursuant to the Royal Decree No. (M/12) dated 12/03/1422H (corresponding to 3 June 2001), which states that the privacy and confidentiality of telephone calls and information transmitted or received through public telecommunications networks shall be maintained, and disclosure, listening or recording the same is generally prohibited

The Regulations for the Protection of Confidential Commercial Information (issued by Minister of Commerce and Industry Decision No. (3218) dated 25/03/1426H (corresponding to 4 May 2005), and as amended), which governs the protection of data considered to be “commercial secrets” under these regulations.
(Source: DLA Piper, at https://www.dlapiperdataprotection.com/index.html?t=law&c=SA)

So if we see Saudi Arabia push for equally protection in regards to digital privacy and digital personal data, there would soon be a jump by many people to get a futuristic @gmail.sa account.

So now we see the US pushing and they could lose out twice, first the fact that others will demand US data in the same trend for their own criminal legislation reasons (which should make the Wall Street boys nice and nervous. the second is that those who they are trying to prosecute will take their business to Saudi Arabia and protective minded nations. With Saudi Arabia looking at billions of investments coming from the Tech sector, giving in to big business like Apple, Google and Microsoft would be a small step to get the infusion of massive cash drops, infrastructure and evolution of their technological infrastructure. That alone could push the ‘Vision 2030’ plan that has been the shiny jewel for Saudi Arabia as envisioned by Crown Prince Mohammad Bin Salman Al Saud ahead by several years.

Yet when we see the WCCFTech, we also see the dangerous finale. With “Tech companies have continued to hint for a legislative reform that could help them deliver data on criminals when a warrant is served but the data is stored outside of the country. What these companies feel about the Cloud Act, however, remains unclear“, we see the crucible. This test is not set in law, but in interpretation. With ‘deliver data on criminals when a warrant is served‘, you see, a person is innocent until proven guilty, so as such the warrant becomes useless if there is no conviction. Now, I feel certain that the Cloud Act will take such matters into account, but in the clarity of the Act, it is an American Act and as such, even when we get “Thomas Bossert, assistant to the president for homeland security and counterterrorism and Paddy McGuinness, deputy national security adviser for Britain wrote. “The first one would be with Britain, which already has the authority to enter into such a pact.”” I am personally not convinced of that. The entire mess of the Safe Harbour or Safe Harbour 2.0 and/or the EU-US Privacy Shield, when we see privacy, yet in some places we see “for commercial purposes”, which is causing more confusion than give clarity, the fact that a lot is not done in the open and merely between the US and big business is making plenty of people worried. So when we see “2,400 companies – including Facebook, Microsoft, Google and Alphabet Inc.” whilst we see “Facebook’s default privacy settings and use of personal data are against German consumer law, according to a judgement handed down by a Berlin regional court”, whilst at the same time we see that Facebook list a case in the Belgian courts too. So the entire setting as we are given the view by Reuters “EU justice commissioner Vera Jourova, who presented the first annual report on the agreement, the Shield is “working well”“, whilst at the same time we see that one of the three largest players in the data industry is handed their marching papers all over Europe is a much larger cause for concern and Saudi Arabia is gaining an unique position to cash in on that setting, and they are not alone, in that same view China could make equal protective leaps, enticing business and data away from the US.

In this regard, when we look back at the Washington Post where we see: “With congressional action unclear, the stakes are high for U.S. v. Microsoft, such that more than 30 friend-of-the-court briefs have been filed by the European Union, members of Congress, the U.S. Chamber of Commerce, tech firms, privacy advocates, and former law enforcement and national security officials, among others”, the issue is not merely what is in play, but with the changes towards G5 all bets are off because it is not merely more data and faster data, there will be a new dimension of machine learning and automation within the apps themselves and as such the issue on legislation on personal data and application data becomes a new and different fields of consideration. Now, this has no bearing on national borders yet, but when the value of application data grows (and it will soon enough on a near exponential scale), we will see these fields come into the view of consideration and debate.

The Saudi opportunity is seen in a much better light when we consider “E. Joshua Rosenkranz, who will argue Microsoft’s case, called the government’s position “a recipe for global chaos.” He added: “If ever there were a step that is sure to stoke international tension, it is sidestepping the treaties that were negotiated by countries precisely to protect their sovereignty, and instead unilaterally obtaining reams of personal letters”, so as we see that side in regards to the ‘sovereignty’ of accounts, we also see that if Mossack Fonseca pushes their boundaries and if they get their infrastructure and security up to scrap, they could open up new doors to alternative and additional revenues, because those who have the cash to secure their privacy will pay through the nose for it. So it will no longer merely be about tax avoidance, it will become about identity avoidance, repudiation avoidance and their cyber persona, all up for Encrypted Cyber Outsourcing. If your value in cyberspace is set to a value, being the one surfing with an economic value of $0 will be the most anonymous one and there are plenty of people who prefer to be that, out of sight of the Skip Tracers, the investigators and the media at large, in the cyber age, anonymity is becoming more and more important, especially to those who embrace anonymity.

The Washington Post gives a few alternative views and all very valid, yet in all this there is not merely the ‘criminal’ data as it is seen, it is the setting of data privacy within the persons national sovereignty set against the US, or any other nation that requests your data for whatever reason they give. We see this in the US case Blackwell, 2004, where we get “Illegally obtained evidence applies to criminal cases only and is typically “evidence acquired by violating a person’s constitutional protection against illegal searches and seizures; evidence obtained without a warrant or probable cause”“, that setting could stretch, especially when data obtained from another country is set against additional privacy laws and in addition, the proof required to set ‘or probable cause’ which might be another bump in the setting of borderlines, whether they are merely digital or physical. The law was never ready for Clouds and Cyberspace. This is seen in the unjust setting of ‘the law does not apply in Cyberspace‘, which is not true (proven on several settings), as the “conflicting laws from different jurisdictions would apply, and even as that happens for any person simultaneously, to some extent, to the same event. The Internet might not make geographical and jurisdictional boundaries clear, but Internet users remain in physical jurisdictions“. There is an agreement there, but as most systems as well as the lack of non-repudiation has been in play from even before I got my University IT degree, and since then too little changed, the failure to prove that the ‘internet user‘ is THAT ‘internet user‘ the law keeps on falling over and as that is paramount in setting the need of the warrant, the warrant should in the end go nowhere, which is exactly what the alleged criminal hopes for and legislation has remained behind the curve by a lot, optionally helping them out evading conviction.

So as we see these settings, we see that the U.S. v. Microsoft could in the end cost the US a lot more than they themselves bargained for, because that is in the end the nature of the beast of commerce, it goes where business and profit resides.

 

Leave a comment

Filed under Finance, IT, Law, Media, Politics, Science

Losing values towards insanity

Even as we see more and more anti NRA actions and other actions that are indeed positive geared towards making schools ‘safer’, there are now also people who are trying to cash in quick, school safety is an exploding business and some should be ashamed of that. Yet it is not about that, it is not about the schools. It is about the children. So tell me, how come that these 17 American children, are seen as more important as the 101,500 civilians killed in Syria. The total amount of civilians killed is close to 1/3rd of all casualties. In one week, we see 13 children and 10 women all killed. Not much noise there, is it? So when we see that the UN Security Council failed to agree after a second day of intensive talks on a proposed 30-day ceasefire across Syria to allow for emergency humanitarian deliveries and medical evacuations. How much as a failure should we regard ourselves? How we pat our backs by stopping Hertz discount to NRA members, not the people at the NRA, merely the members of the NRA. The utter ridicule that people are setting themselves up to be for hating people who like guns, for going after targets for the mere pleasure of ones ego, that whilst the UN is failing hundreds of thousands of people. So as we see “The talks at the UN headquarters in New York followed an appeal by French and German leaders to Vladimir Putin, asking for Russia to stop blocking the measure’s passage, pointing to the dire situation of the trapped civilian population in the rebel enclave of eastern Ghouta, a suburb of Damascus” (at https://www.theguardian.com/world/2018/feb/23/macron-merkel-urge-putin-back-ceasefire-syria-eastern-ghouta), the infuriating part is that I gave rise to this on October 17th 2016, so 16 months later after I wrote: “I reckon all the players know that, yet, having long conversations with Russian Foreign Minister Sergei Lavrov, whose only concern is to stall so that the population can be made extinct before the resolution passes, reads a lot more like the Friends edition of Pinocchio, than the original by Carlo Collodi” (at https://lawlordtobe.com/2016/10/17/a-new-disney/), so here I present the first piece of evidence that the United Nations is no longer a functional apparatus. Because the evidence as given by the UN themselves (at http://www.un.org/en/sections/un-charter/chapter-i/index.html), in its first article stating the purposes of the United Nations. Here we see in the first paragraph: “To maintain international peace and security, and to that end: to take effective collective measures for the prevention and removal of threats to the peace, and for the suppression of acts of aggression or other breaches of the peace, and to bring about by peaceful means, and in conformity with the principles of justice and international law, adjustment or settlement of international disputes or situations which might lead to a breach of the peace“, I think that we can state for the record that the United Nations has failed the Syrian people in the most amazing way. that failure and the repeated stalling by one of its members (in both cases Russia) most people seem to merely turn a blind eye, look at the populist activities that will lead nowhere, merely harass and abuse people. Go after 5 million members who never fired their guns in any school or at any child. Think yourself clever and pat yourself on the backs because your non-actions will get another 50 children killed before the end of the month.

So as Al-Jazeera gave us ‘the meeting, however, has already been delayed multiple times as negotiations continue over the wording of the draft resolution‘ , we see that whilst people are trying to be clever about events more people will get killed. So yesterday (according to the AP) “Syrian government warplanes carried out a sixth day of airstrikes Friday in the rebel-held suburbs east of Damascus, killing 32 people, activists said, as the death toll from a week of bombardment soared over 400“, how many will it be today? The fact that according to several sources (Washington Post amongst them) we get: “the situation was complicated further by reports that Russian mercenaries had taken part in the attack and were among the dead“. You see, no one might cry about these mercenaries, but as they are basically not part of any army, they will kill first and consider asking questions later. More important, the mercenary firm Wagner, allegedly owned by Yevgeniy Prigozhin is reaching out in other directions too. He is linked to the Internet Research Agency (IRA) in St. Petersburg. He has been indicted (at https://www.justice.gov/file/1035477/download) for his part towards violating criminal laws with the intent to interfere “with U.S. elections and political processes“, according to the Justice Department. Some state (not too reliable sources) that they are now growing in making botnets, not to spread issues, but to collect data. So, even as he is connected, he is growing data, knowledge and opportunity on almost a daily basis.

How does that connect to Syria?

Apart from the money he makes on the mercenaries and their actions, he is now in a position where he can set the foundation to get access to all the Syrian national data on almost all levels, whilst having a comfortable place to start collecting data on everything on all the nations bordering Syria too. This is not some cake walk or just fun. When we consider the WP on this, we see: “Wagner first gained attention for its operations in 2014 in Ukraine, where mercenaries with the group — mostly military veterans and ultranationalists — were reported to be fighting alongside Russian-backed separatists in the eastern part of the country. The group was believed to have been led by Dmitry Utkin, who until 2013 had served in Russia’s foreign military intelligence agency, the GRU“, do you think that billionaires, especially Russian ones are in it for the ego? No, he wants to grow, grow fast and in every direction. At least two other sources give us “A former lieutenant colonel and brigade commander of the Spetsnaz GRU detachment. The 700th Independent Spetsnaz Detachment of the 2nd Independent Brigade of Russia’s Main Intelligence Directorate (Части и подразделения специального назначения (спецназ) Главного управления Генерального штаба Вооружённых сил Российской Федерации). These are not kids playing on the side of the road, these people tend to have very serious plans and when they are not connected to an official army they tend to get selfishly lucrative really fast.

That does matter, because professionals like that are not in it to kill civilians, yet they will kill whatever gets in their way or in the way of them completing their mission, so in this it matters what their mission is in all this.

There is a second part in all this and be aware that this is all pure speculation from my side. When we consider the Washington Post quote “Russian mercenaries had taken part in the attack and were among the dead — making it the deadliest U.S.-Russia clash since the Cold War“, so what if that is exactly what they want? What is a new cold war is their intent? As people are shouting and arranging all kinds of partially useless actions regarding 17 kids, in a nation that is basically beyond bankrupt, how much will it take to flame a new cold war, one where the US and NATO are on the roes due to lack of brainpower and resources. The technical advantage that the US and NATO had during the previous one is no longer there. You might remember stories of Russian men in ridiculous rain coats, having almost no knowledge of electronics. That time has passed and the US no longer has the options it used to have, whilst in addition they tied their own hands in several ways. At this point a cold war could end up being devastating to the west. In addition, when we are treated to both “The USS Michael Monsoor, the second and latest Zumwalt-class stealth destroyer, suffered an equipment failure that prevented the ship from conducting sea trials” as well as “It’s been more than a year since the Navy decided to cancel procurement of an expensive new ammunition for its Zumwalt-class destroyers, but the service is still pondering how to best replace the munition, a Navy official said Wednesday. In 2016, the Navy decided to stop buying the Long Range Land-Attack Projectile, or LRLAP, after discovering that its price had spiked to $800,000 per round. LRLAP was the only ammo developed specifically for the ship’s Advanced Gun System“. So not only are these ships dodgy (for now), they can’t afford the ammunition, it seems to me that (even though we know that the US navy is a lot larger) that we should see the developing issues as a worry. You see this all links back to Syria. Do you think that Russia is going to play ball when there is no need? A paper tiger is only scary for the time you do not know that it is merely a paper one. After that all bets are off and it is entirely possible that this is the gamble that resident Putin is currently making. If proven correct we will see all kinds of developments, not merely in Syria, but the Kurds will get more tank slamming by Turkey and the dangers of Iran v Saudi Arabia would become a likelihood too.

So back to Syria, as the WP gave us on Yevgeniy Prigozhin: ‘He now has a reputation as a man willing to do Russian President Vladimir Putin’s dirty work‘. I think that this is the cost of doing business. I think that there had been a clear plan in place, even as I do not agree with Alexey Khlebnikov, a political risk consultant and a Middle East expert at the Russian International Affairs Council. He calls this a “double-edged sword”. The risk is almost negligible for Russia, even as we see the quote “details have trickled out in embarrassing ways“, getting captured is not an embarrassment it is merely an inconvenience. It seems that Yevgeniy Prigozhin is the creative side, when you take a High value target like Dmitry Utkin you get something else, on his level a person does not get to walk away, there is a tactic in play and whilst we stare at certain parts we all forget that a man like that over 25 years has created its own network of people and skills. It could be that Wagner will grow faster because of opportunities, but in which direction? That is a part we can see when we realise that smiley face Dmitry is also CEO of Concord Management and Consulting. With these two gentleman owning 50% (actually more than that) into LLC Megaline, with Megaline receiving a large chunk of the capital construction contracts for the Russian military we see that link. When the dust settles, Assad will need to rebuild, and they will be the front player and possibly only consideration on a nation needing to be reconstructed. So now how weird are their actions? Both Yevgeniy Prigozhin and Dmitry Utkin are now perfectly placed to rake in billions and in that regard we get back to the options for the dying in Syria; they don’t get to have any. Whilst everyone is settling around clever text on how to word the phrase ‘cease-fire‘ in that timespan Damascus could be adequately be made devoid of life bringing the optional closure of the Syrian war with President Bashar Hafez al-Assad remaining in power. If only the US and NATO had actually acted in 2012, the picture might have been a lot different. Yet for now, up to yesterday 150 children, were killed in Ghouta, yes the loud actions on behalf of 17 school dead children from the Marjory Stoneman Douglas high school in Parkland, Florida makes a lot of sense in a global perspective, especially as we see the shouting and actions that are partially senseless and baseless, all emotional outrage whilst none of them are on the failings of the ATF (not due to their own accord) and its legislation.

Just like Federica Mogherini, the EU foreign policy chief as well as the letter Emmanuel Macron and Angela Merkel sent to Putin on Friday said the continuing attacks on civilian populations represented “clear violations of international humanitarian law”, all actions that look nice when covered by the media, yet in the light of the U.N. Security Council delayed a vote on a resolution demanding a 30-day humanitarian cease-fire across Syria until Saturday in hopes of closing a gap over the timing for a halt to fighting, that whilst we hear that “after six hours of negotiations, Kuwait’s U.N. Ambassador Mansour Al-Otaiba, the current council president, told reporters Friday evening that members ‘are so close’ to agreement, and negotiations are continuing“, so there will be more killing and more bombing and more actions for at least 12 more hours. So how many children will die in the next 12 hours and how ridiculous does the man with the yellow card look with the text “NRA stop killing our kids”, an act they never did, an act they would never approve of or support, are you starting to comprehend the insanity of it all?

internet_research_agency_indictment

4 Comments

Filed under Finance, Law, Media, Military, Politics

In continuation of views

Today is the third and possibly the last part in the Florida shooting articles. This part got here because of an article in the Washington Post. I reckon that those who did not read it should (at https://www.washingtonpost.com/world/why-school-shootings-are-so-rare-in-israel-where-guns-are-such-a-common-sight/2018/02/22/1fce546a-17e3-11e8-930c-45838ad0d77a_story.html). It gave me info that did not surprise me, but it was still nice to read. Did you know that shootings in schools in Israel are unheard of? In a place where you see guns and armed uniformed men on the streets, that this is the place where things go wrong. Yet, you would be incorrect. So when I reviewed some of the views I illustrated yesterday. It was a nice relief that some of my thoughts and speculations were proven correct. With: ““The guards are there for other reasons, mainly terrorism,” said Amos Shavit, spokesman for the Ministry of Education. He said the guards stationed at schools are under the authority of the police. In large cities, he said, the police and the local authority carry out security patrols around the educational institutions throughout the school day. There are no metal detectors or special door locks on classrooms. And, by policy, teachers are not armed“, it is all dealt with by professionals, as it should.

So as we see: “According to data from Israel’s Ministry of Internal Security, which registers all gun owners, about 260,000 Israelis, or about 3.5 percent of the population, have permits to carry firearms. Half of the permit holders are private citizens, and the others work for security firms” we see an optional clear case for better gun control, Israel is only slightly larger than New Jersey, the US being 450 times the size of Israel needs to be taken into account. Israel is close to the size of the Netherlands, another place not smitten with large space. Israel has 8.5 million people versus 325 million in the US. You think that this does not matter, but it does, especially when we consider people per square mile which is 320 people, a density 10 times higher than the US, you see people density has often been identified with crowd stresses and quick rising agitation levels. In all this, there are more factors, but these were the main ones and in that environment, school shootings are an event the Israeli children do not have to deal with. Then we see something that should wake us up. The Israeli population pretty much all get some form of military training and with “They are taught how to handle a weapon and how to respect a weapon,” Perry said. And, he said, “it is very, very hard to obtain a weapon in Israel.”” we see the part that matters. As I stated it in different ways here we see ‘how to respect a weapon‘. A weapon is for the most a tool, it serves a purpose, now some use it for shooting pieces of carton (targets), yet it is in its foundation a tool to end lives. It does not matter whether it is an animal or a person, when we use it; we are enabled to end the life of a target. A sword, a bayonet and a canon, all tools designed to kill; we need to respect that part. Now, we might use if for sport or for competition, but the foundation of the skill was to be able to end lives, in that it does not matter whether it was to stay alive, to protect your family or to protect others. We tend to walk around that part too often. We trivialise police officers at times as they carry their guns. But they were trained to kill dangers, to the lives of themselves and the lives of the civilians around them. Now, this does not mean that they shoot to kill, it merely means that they have the tool to do that, so the skill of aiming, the skill to properly use a firearm is increasingly important. They were trained with the purpose to protect lives, not to take them away. The article adds its views with “Residents of Tel Aviv, for example, are unlikely to receive gun licenses, whereas Israelis living in border areas or in the Jewish settlements in the West Bank, places where they could be targets for Palestinian militants, are more likely to be approved for gun licenses“. The final part is the bacon on the sandwich, but not part of the causes we see, or so I believe. With “her research showed that Israel ranks 81st in the world for per capita firearm ownership, with less than 1 in 10 Israelis owning firearms. The United States, with one firearm for every person, ranks first“, in this Janet Rosenbaum, an assistant professor of epidemiology at the School of Public Health at the State University of New York Downstate in Brooklyn was looking at the difference in homicide, but here we see the strain where I start to disagree. You see in social science views the USA has a flaw, a massive one and that is as I personally see the larger cause of it all. I have seen and witnessed Americans in action (and in non-action) in several walks of life. The entire problem starts in school, almost in primary school. The USA has had a forever growing stigma towards being first, being the best. Now, I am all for a competitive view and those winners are at times heralded, admired and idolised. I have no issue with that part, so as we see the movies and the news on how those ‘great’ football players get to have sex with whomever they want, whether the woman likes it of concedes to it, or not. This is seen in the Arizona Central and several other sources with: “Hamilton High School administrators knew of multiple allegations of sexual assault involving the Chandler school’s football players and repeatedly failed to notify authorities, according to information found in hundreds of pages of police documents released Thursday“. Not only does it happen, we see police reports that the authorities in school are condoning that behaviour. With the quote “Some students aware of the alleged sexual assaults did not appear to grasp the seriousness of the incidents, often using a joking tone about what they saw as a team initiation“, we see the unbelievable truth in how far the USA s failing its children. On the other side, we see those who fail to some extent those requirements of excellence, like any population will, but in the US those in the lowest 30%, especially if they are not athletes become legitimate targets, pariahs and outcasts. It does not matter how clever they are, they fail the social threshold and the athletic threshold and they become targets. This is the setting where the issue comes and it becomes even worse when these children are already receive some form of counselling or are on medication. The Columbine High School massacre, the Virginia Tech massacre, the Sandy Hook Elementary School shooting, and the Stoneman Douglas High School shooting all fit the bill to some extent. The last one is important, because it is the one odd duck out. We are shown degrees of isolation from and/or towards the perpetrators in the other ones, within the Stoneman Douglas High School, there is evidence that people had gone out of their way to include Nikolas Jacob Cruz within their community. The second adoptive parents after he lost his adoptive parents, shows that this community was pretty strong on inclusion. That is why the setting is weird.

I am not blaming mental health or medication on issues. Even if that was the case to the larger extent, I believe that the environmental pressures of being the best, being number one are causing way more damage than we are aware of. Actually, that is not correctly phrased. I believe that the stigma against those who cannot make the top levels is a lot more damaging. Now, in the end the perpetrators are the ones to blame, they decided to take the lives of others, yet there is a part in me that wonders whether social changes in the US would enable a much lower stressful and less combustible setting. I know that other nations have much stronger gun laws, yet Norway had to deal with the acts of Anders Behring Breivik in 2011. This does not compare to the school shootings, but the setting is that if Norway can get the unfathomable acts of a lone wolf to this degree, how much danger is the US in? You see, that is a long term issue and to resolve those dangers, we cannot merely point at the police department, the FBI and other players. It is becoming more and more important to change the board of the game and allow for larger changes that can be implemented. Both the shootings and the sex romps that are occurring in US High Schools and universities show evidence of this highly need change. And if that is not enough there are football coaches who dip their feet in the sexual waters and if they do not, in at least two cases their wives did.

We see more and more events like that make it to the courtrooms, there is still from various sources the alleged and likely issue that at least three times the known amount of victims, issues and events remain unreported. I believe these issues are directly linked to this all and even as the people want stricter gun control, there is no way of telling how long that takes, or how successful it will be in the US over the longer term. There is currently enough aftermath evidence that an environment where the pressure bar is lowered, a lot more people will not be in the stressful stage where their personality literally explodes in the faces of others not unlike a shotgun, in that I am personally close to absolutely certain. You see, during my law studies, I got to see loads of footage of the Columbine shooting, the Zero Hour Massacre at Columbine High (2004) gives a lot of facts and information that supports my view, in addition, further materials on YouTube (not the most reliable source) gives additional information that pushes the idea that social changes in US schools become more and more important. In this there are two additional views (read: movies) that count towards Columbine.  The two movies are Bowling for Columbine, the anti-gun movie by Michael Moore, and weirdly enough I’m not ashamed. In both we see the expected views on gun control and in I’m not ashamed we see the confirmation of bullying (not the central point of the movie though). Yet they both show something different in support. We see how Michael Moore gets the limelight in every way imaginable, whilst even Google allowed itself to be used in blocking the trailer for no less than 11 months, which gives added view that only some views in regards to these events are ‘tolerated‘. The papers gave the movie for various reasons mixed reviews. It is of course in the eyes of the beholder how a movie is seen and in that I am fine with that. There the LA Times gives us “a refreshing lack of moralizing here, and a welcome emphasis on accepting people for who they are“, it is an interesting view, especially in the view of social changes that the US desperately needs. Forbes also had good things to say and that is nice, some negativity was seen from the Guardian with “To use the senseless death of a school shooting victim to promote one’s warped political agenda is, to use a trendy term, deplorable“, I do not disagree that it is a valid view, yet as we can see, that is the actionable life of politicians as we have seen them in pretty much EVERY school shooting, so the Guardian was catering to the obvious here. The BBC gives us (at http://www.bbc.com/future/story/20180219-toxic-perfectionism-is-on-the-rise) that the age of Perfectionism has very dangerous downsides. They rightfully state “the thing about perfectionism. It takes no prisoners“, it merely enforces 1% success and 99% failure, which is a very dangerous setting and the US schooling system (actually most schooling systems in that regard) show how dangerous it is. In this it is the footballer Cristiano Ronaldo who gives us something much better. He strives for excellence, not perfection: ‘I am not a perfectionist, but I like to feel that things are done well‘, as stated in the BBC article. They also give us: “research shows that maladaptive attributes like beating yourself up for mistakes or feeling like you can’t live up to parental expectations make you more vulnerable to depression, some other studies have shown that ‘adaptive’ aspects like striving for achievement have no effect at all or may even protect you.” that part is actually the key in this. In my view, I refer to the Lord Baden Powell setting. Apart from him being the creator of the boy scouts. He gave us a setting to work with. He gave us “Leave this world a little better than when you found it”. It is a line that has been in my inner core for all of my life. I live by it because it does not require you to fix everything; it does not require you to reach for the unreachable. It merely tells you to do something realistic and in that it opposes perfectionism as perfectionism is utterly unrealistic. In that the US Army has always had a great line. With ‘Be all you can be!’ it opens the door for you to move forward in ways you can and it challenges you to never stop moving forward. That is a great setting for anyone to be in. Learn your entire life, learn more and more skills, and create your own abilities moving forward. It pushes a person, but pushes that person in a realistic achievable way.

It is education tempered through realism, some will go further than others, yet that is the reality of life. The dangers of perfectionism go way beyond normal standards and they are seen even more clearly in Japan where going back to school makes suicide statistics spike, there we see the dangers of perfectionism. Not doing your exam well and bullying when they perform poorly gives another view, not those lashing out decapitating students and teachers. No, they see it as a failure of self and a shame to their family and end their own lives. Some studies show that the suicide of those between 10-19 years is on the rise and the suicide rate in Japan is 60% higher than the global average, with one source stating 70 suicides a day. That gives additional rise to the dire need of changes, both the US and Japan shows the need for a different approach to education. Pressures and social needs are in the wrong segment of importance, whilst the need to score better and better is set unrealistically high in both nations and they are not alone. In the UK it seems that unrealistically high pass grades are needed to get into the better universities and the better faculties like Law and Medicine. The question becomes more pressing as getting to these places is almost too unrealistic on a young age, how can the youth ever be better prepared for a realistic contributing life if they are written off as not good enough long before the brain is at peak performance? To some extent we can see that athletic abilities can be seen earlier, yet the focus to train is gained often much later in life. Now, that does not mean that you can start to get into shape to become a quarterback at 25, whilst entering the NFL at 34. Yet oddly enough the brain has the ability to do just that for more than merely academic fields. In addition, this only happens in a positive environment, both elements are increasingly rarely seen in both Japanese and US schools, making the issue a growing one.

It is in those setting that it is equally important to dim the stresses that we see in schools and universities, especially as it is seen in the US. I am absolutely convinced that at least two of the four mentioned school massacres could have been prevented in a different social setting. I absolutely refuse to give any of the perpetrators a ‘free pass’ on what they did, they are accountable for their choices, but I do believe that an optional other path open to them could have resulted in a non-fatalities path. In equal measure the information as I have been able to read it gives little to no faith that more could have been done in the Stoneman Douglas High School shooting, too much ‘evidence’ had been shown from several sources that this would have happened no matter what, making the dropping of the ball squarely in the FBI corner (to some extent).

In the end there is one additional need to look at the NY Times. you see (at https://www.nytimes.com/2018/02/22/us/politics/trump-atf-nra.html) we see ‘In describing its own shortages, the A.T.F. says it remains unable to fulfil even basic regulatory responsibilities, including inspections of firearms dealers’, so apart from the loophole that I discussed yesterday, none of the administrations (the last four at the very least) have done ANYTHING AT ALL to give the ATF the teeth they needed to do something. So as all the media is crying like little bitches on how we need gun control, the German source yesterday and today the NY Times are the only ones giving us the spotlight that the ATF needs a budget twice the size it has now to start getting things done. So as an official at the Justice Department said “the administration was interviewing potential A.T.F. directors but did not know when that might result in a nomination”, which is nice to hear next to the additional fact that the ATF has been without permanent leadership 8 of the last 12 years. So when you see that, how hollow were the promises by former President Barack Obama? You do realise that ATF stands for Alcohol, Tobacco and Firearms. At present we might just call it the AT (Apsens Temperatio), formerly ATF. So even as they are, as stated by themselves under the jurisdiction of the Gun Control Act, National Firearms Act, Arms Export Control Act, Organized Crime Control Act of 1970 and other Federal firearms and explosives laws and regulations, they don’t have the resources to actually do that. Perhaps I should apply for a job there, you never know, with the shortages they have, I might just replace Byron Todd Jones as Director of the ATF by the time he retires in 2022.

Weirder things have happened!

 

1 Comment

Filed under Finance, Law, Media, Politics

United they grow

I spoke out in the last week in regards to the Florida shooting. I think I got my point across and I have no issue with people taking the opposite side in all this. By looking at all sides, I feel that I get a better feel for any situation when looking at multiple angles, so I was happy to take a look at what the Washington Post was bringing. It has been bringing several pieces and there is a trend, a trend that has not been there before and some will be sad, but I would be happy, even as it is in an opposite direction of the one I have.

You see, the students are taking a turn for the better and they are actually getting smart about doing things, the weird part is that this has never happened before in the way we see it now and that is always refreshing. It is not the emotional ‘NRA, please stop killing our children‘, which was too ludicrous for words. No, the Florida students are starting to become an actual political player in all this. So, some NRA supporting politicians (which is their choice and right) are definitely in need to up their game in the political arena and they will have to do it in a very visible way.

The first view is seen in ‘Florida high school students demand change to gun laws at boisterous rally‘ (at https://www.washingtonpost.com/politics/they-needed-to-see-it-fla-lawmakers-emotional-tour-of-shooting-site-sparks-bipartisan-talks-on-gun-limits/2018/02/21/a930a37c-16c9-11e8-8b08-027a6ccb38eb_story.html). In Tallahassee thousands of students have rallied, now this is nothing new, students rally at many moments, they tend to keep the milestone rather low. Not this time though. This is actually a lot closer to the anti-Vietnam rallies that we saw in the 60’s. This is getting serious, which is always a good thing. The one thing is that the blame part towards the NRA is still wrong in my view. Don’t get me wrong, the NRA is huge so it makes sense that they are a target, but that is probably the only part that they need to change.

The quote “The proposals under consideration stop short of student demands for a ban on the sale of semiautomatic assault weapons like the AR-15-style gun that was used in the most recent shooting. Instead, lawmakers have focused on new waiting period and age restrictions for buyers of semiautomatic rifles, new powers for police to confiscate guns from people deemed dangerous by the courts, and new measures to protect schools from mass shooters” gives two parts. The first is that the focus is on semiautomatic assault weapons. It makes sense because they were used and it is a start. Now personally as a shooter I never saw the appeal to work with such a gun. I was in my shooting days always about precision, that weapon does not offer this (to a limited degree only), for that same reason I see no reason to own an Uzi, apart from when I was serving. So going after a target board, or a duck or a fox with an AR-15 or Uzi never ever made sense to me. The issue is not the weapons; it is that the NRA and its members are afraid, not because it is those weapons, but that it is merely the first step. The fact that no harmony can be found with the two very opposing forces is the danger that nothing will ever be done. One of the video commenters brings up a good point. Apart from bringing up the Australian legislation changes after the 1999 shooting, the issue that an example was made that a 20 year old person bought an AR-15 with an expired ID. That is the part that is really worrying and it should worry the NRA too and in that part they should actually unite with the shops, as well as the students to find a resolution there. You see the first part we see is “Instead, lawmakers have focused on new waiting period and age restrictions for buyers of semiautomatic rifles“, yet the second part that was ignored by many is: “a 20 year old bought an AR-15 with an expired ID“, so this part needs even more issues. The NRA could help in lowering pressures. The fact that a shop did not take proper actions for the sale of an automatic weapon should be examined. When we see that the shopkeeper would lose their license for life by selling to a person with an expired ID, by knowingly selling to a person with a false ID and by not lodging the right papers, the shops would higher the threshold of selling weapons in the first place, which is not the worst idea. If I go into a shop buying a Remington Model 700, or SVD Dragunov 7.62 Sniper Rifle, I would expect it come with a certain amount of actions. Let’s be clear, these are $1500-$3500 rifles, they will optionally end lives (in my case a Bambi or two), I would expect having to show my valid non expired fire arms license, proper valid identification (driver license or passport) and an ID that confirms my looks (photo) and my current address. If I need that, to get $300 credit on a TV or Chrome book, why not a rifle? I’ll tell you something more; the actual shooters either recreational or competitive would have no issue with any of that. They have children too (many of them at least), they want their kids to be safe.

Yet the video at a later stage shows issues with the way it is presented. They made the claim that only 1% of all shootings was done by people with Mental health problems and I do not believe to be accurate, in addition, when ‘shootings‘ are mentioned, there is a lot of data missing, which remains the issue and remains the cornerstone of the opposing NRA, and in all honesty, as a data analyst, it gets to me too. The proper population (people doing that deed) is too often not known. For example, how many of all the shootings were done by convicted felons back on the street, or shootings because of crimes in progress? Because convicted felons are the perpetrator of a shooting with an illegal firearm. When you are a convicted felon you cannot have a firearm, ever! This is for what I am almost 99% certain changes that statistic as shown in the Washington Post video completely, so we get misrepresentation.

This is what makes the gun control laws fall over. They do give an excellent example on the 10 year ban that had been in place and this is a positive part, because that shows the drop of events and the resurgence of fatalities after the ban was lifted and that is an important part. So could that have been an option to work with? If properly addressed yes, but doing so would require other steps to be taken and if that is done with the assistance of the NRA it would become a much better solution, one that sticks, one that sticks long term.

The second article ‘Students take charge of gun-safety movement with some help from existing groups‘ (at https://www.washingtonpost.com/powerpost/students-take-charge-of-gun-safety-movement-with-some-help-from-existing-groups/2018/02/20/eeeb8c58-166d-11e8-92c9-376b4fe57ff7_story.html) gives us “More than 250 students braved cold rain the next morning and marched 1½ miles, giving speeches using a megaphone borrowed from Women’s March organizers“, as well as “new momentum across the country to enact firearms restrictions. And the grass-roots campaigns that have sprung up in high school hallways among angry and tearful teenagers are now attracting attention from national groups demoralized after a string of shootings prompted no political response“. It is the second part that is actually more important. When we see ‘attracting attention from national groups demoralized after a string of shootings prompted no political response‘, you see, these grass-roots campaigns were always relying on emotions, always stating emotional truths, yet they were bringing factual falsehoods as I saw it. This is not getting anyone anywhere. These students are not raving, they are asking questions and they are asking very good questions and the politicians in their way cannot trivialise good quality questions, they now have to deal with the issue, they can no longer trivialise the issue and put aside as the grass-roots people allowed them to do. There is a re-invigoration and that is a good thing. As a former shooter, I have no issue with that, or with the need to be serious about owning a gun or rifle. This is seen in “Anti-gun groups are going out of their way to claim distance from the student activists while praising their efforts“, they are seeing that these students are making headway in the way the anti-gun groups have never been able to get. With: “The Brady Campaign to Prevent Gun Violence is starting to talk to students about rallies planned for March and expects to set aside money to help students who can’t afford to travel to the events“, you see, we now have the setting of a rally, that could rival the Anti-Vietnam rallies we saw on TV in the 60’s. Hundreds of busses driving thousands of people to Washington DC, and it’s only February now; so there is every chance that this summer in Washington will be one of the most enterprising and exhilarating summer that Washington has seen for decades. Even as a pro-gun person, I hope that they pull it off. I truly do believe that the business is way overdue for a massive overhaul and in that respect there are many gun shops that are responsible, but there is wildfire too. You see, guns are still a business and the NRA is about being responsible on one side and on being there for the arms business on the other side. When we look at the NRA site, we see in the history of it: “Dismayed by the lack of marksmanship shown by their troops, Union veterans Col. William C. Church and Gen. George Wingate formed the National Rifle Association in 1871. The primary goal of the association would be to “promote and encourage rifle shooting on a scientific basis,” according to a magazine editorial written by Church“, the second that matters is: “Due to the overwhelming growth of NRA’s shooting programs, a new range was needed. Gen. Ammon B. Crichfield, adjutant general of Ohio, had begun construction of a new shooting facility on the shores of Lake Erie, 45 miles east of Toledo, Ohio. Camp Perry became the home of the annual National Matches, which have been the benchmark for excellence in marksmanship ever since. With nearly 6,000 people competing annually in pistol, smallbore and high-power events, the National Matches are one of the biggest sporting events held in the country today“, this shown the NRA in its origin, the forward momentum of quality use of firearms, not any illegal act in any way.

There is one part that requires illumination, yet the bulk of ALL will remain silent on it. The best part we can find is the ATF that reported two parts, the first is that more than 5 million firearms were imported into the USA, 20% from Austria (most likely due to Glock). The total import represents 30% of all weapon sales, giving us that 70% are American firearms. We cannot get a clear revenue picture because most media did not seem to take the effort to find out, but the ATF gave us that $62 million in taxation was collected, making this optionally a billion dollar plus market and that is merely the legal sales part. This was in 2016, and we know that 2017 will have much higher revenues. Now an additional side is that one source (at http://www.washingtonexaminer.com/2017-is-second-biggest-year-for-gun-sales-ever-might-top-2016/article/2627883) gave that a survey gave the information that 67% of the buyers got one for home protection. It makes sense, if they all did it for the sport; the US would have had a lot more Olympic gold medals in the shooting category. So when we consider this part, we see that the NRA (even seen on their website www.nra.org) has a ‘AFFILIATED CLUBS, RANGES AND BUSINESSES‘ category, in a billion dollar business industry, in a time when economic issues are the highest priority in America, that side would not want any hindrance on revenue, making legislation the one part that gives options and safety to the people.

In this Deutsche Welle (at http://www.dw.com/en/8-facts-about-gun-control-in-the-us/a-40816418) gave us a header that should be important to look at. With “how one loophole undermines gun control” we see the following: “According to the ATF, anyone can sell a gun without an FFL from their home, online, at a flea market or at a gun show as long as he or she is not conducting the sale as part of regular business activity“, this is an issue when we realise that guns are at times like cars. They get used and many have a short term ‘dedicated‘ feel for their rifle (unlike many hunters), so when we consider: “GLOCK is set to release new features on some existing models later this year“, and we realise that security guards and many individuals tend to ‘want’ the latest model, just like their car and mobile phone, we get a screwed statistic and in that a loophole the size of the Grand Canyon. What I find puzzling is that the ATF could have done something about this issue years ago, yet both Democrat and Republican houses do not seem to have been active and more important media active in stopping this gap. It is important because from that point, any ‘decent 1st gen buyer’ ends up selling their gun to optional or convicted criminals. Those groups tend to be very willing to buy a used gun at 90 cents to the dollar (and avoid checks) which makes the seller very happy that he/she got a good deal on a second hand weapon, yet it makes for an indecently less secure America. And this has not been on any of the American articles I saw, merely a German one. So is this because the Germans are a lot cleverer than Americans, or is the media actually part of the problem here? I let you decide, but when we consider Fox News Insider talking to gun rights activist Emily Miller who states: “She argued it’s a purely political move because the administration knows that raising the minimum age for purchasing one specific weapon — which kills about 40 people per year in the U.S. — will not do anything to change the crime statistics in America“, which is absolutely true, yet neither Fox News, or Emily Miller is raising the ATF part that Deutsche Welle is raising (at http://insider.foxnews.com/2018/02/21/white-house-criticized-jaw-dropping-statement-raising-minimum-age-buy-ar-15s), so was this merely a pro-gun talk from both sides? So as we agree with Emily Miller with: “like Texas church shooter Devin Patrick Kelley — should have been red-flagged during background checks“, yet both him and Nikolas Cruz could have still acquired a gun through home sales, all ‘perfectly’ legal and no background checks, so why is it that we do not see a larger exposition to the ATF loophole? Even as a pro-gun person, I am appalled that a loophole this large exists and it seems that the media in America remains unaware (optionally is intentionally being kept in the dark) of such a weakness. This one time that I agree with Rush Limbaugh as he states “Bashing the NRA Isn’t Going to Do It” (I am still in shock I agreed on anything with him), I feel uncertain that concealed weapons will do it as proposed by a few people. Now I agree that having guns for protection in schools is almost the one remaining point. Yet, who should be there?
Should there be more security? Actual trained armed professional protecting students? I am not in favour of arming teachers as they have never been properly trained, and even if we laugh at Betty White holding a .357 magnum and we know that she is the one lady we would not want to piss off, even when she is unarmed. I personally do not see that such pressure should be with a teacher as that person will want to talk down the optional shooter. So in the end, their hesitation will give the shooter another weapon and optionally more victims. In addition, the stress levels handed to teachers would be disastrous to schools and education.

In all this the ATF loophole is still not shown anywhere, so I will let you decide on how this is to be addressed. We can equally argue that the true professionals (like the NRA) have not raised the issue either, that might be the most damning part in the NRA house and one that requires almost immediate debate in the American households. It also gives rise that those selling their weapon second hand should be given an option. Perhaps it is a new market, a growing market where the businesses in selling arms will have a 2nd hands collection, perhaps for those who want to dip their toe in the water of becoming an owner of a firearm. It would stop unchecked arms falling into the hands of whoever sells them to whoever has the cash to buy that second-hand fire arm. Is that not a firm first step in lowering the chance of the wrong person ending up with a firearm? It would be merely a first step, but it is one that could actually make a difference.

 

2 Comments

Filed under Finance, Law, Media, Politics

Removing the right of choice

Fox News had an opinion piece 2 days ago that only now met my eyes. Now, for the most, apart from some Guardian opinion pieces, I tend to stay away from them. Yet, this one caught my eye because not only was the situation upsetting. The issue that Americans use their right to free speech to deny others the right to choose (to some degree) is another matter and it became clear that I should give my view in all this.

The title ‘Is the West finally pushing Saudi Arabia to squelch its version of radical Islam?‘ First off, why on earth do we see the need ‘forcefully silence or suppress‘ the choice of Islam? Now, I am merely a Christian in this, but I do not see any reason here. In the second, the setting of ‘radical Islam‘ is equally an issue. What makes it radical? That is not me being clever, it is an actual question. When does any religion become ‘radical’?

Now, I am merely quoting Wiki here (just the easiest part), and important that as a Christian and not armed with a knowledge of Arabic, I might wrongfully quote her, so be aware of that. With: “In the 18th century, a pact between Islamic preacher Muhammad ibn Abd al-Wahhab and a regional emir, Muhammad bin Saud, brought a fiercely puritanical strain of Sunni Islam first to the Najd region and then to the Arabian Peninsula. Referred to by supporters as “Salafism” and by others as “Wahhabism”, this interpretation of Islam became the state religion and interpretation of Islam espoused by Muhammad bin Saud and his successors (the Al Saud family), who eventually created the modern kingdom of Saudi Arabia in 1932“, you see, my issue, perhaps partially better stated as my grievance with Nina Shea is not that she is a lawyer or a Christian, but that she is both. That one nation that has been hypocrite towards empowering outspoken Christians and Christian puritans at nearly every twist and turn of every American administration since WW1 is now speaking out against another puritan based religion? How screwed up is that?

And the fact that we also see in the Fox News pages that she currently is a leader of a campaign for Christians threatened with genocide by ISIS, is even worse. As American Presidents have refused to name the Armenian Genocide as such because of concerns over alienating Turkey, with former president Barack Obama being the latest weakling in that long line of individuals in denial. And when we get to alienating Turkey? Turkey alienated them self for a long time, going all the way back to 2001 and they only alienated themselves stronger with nearly everyone after that. So genocide is only recognised when it is in the interest of US political policies? How hypocrite is that? So even as this happened less than a year ago, we see: “But although ISIS’ genocidal intent has long been clear, the extent of the group’s atrocities has remained murky. Local authorities and human rights organizations have made some attempts to compile lists of victims. According to those lists, between 2,500 and 5,000 Yazidis had been killed by ISIS while over 6,000 had been kidnapped. But the UN has not yet been able to independently verify these figures” (source: www.foreignaffairs.com), so how should we see these differences?

Personally I have no issue with people and their religion, you see they can be a puritan as they want to be, and until they start pushing that onto us (read: me) they are fine. I have absolutely no regard for any Christian pushing their values onto others, in that I am quite happy to see the separation of state and church to be forever. There is in equal measure another issue, you see, puritan is often seen as ‘against pleasure‘, which is not always the case and that makes that discussion a lot harder, for what sets the definition of Puritan?

So when we see the quote from Nina Shea that gives us: “Now Europe is finding its voice with a new willingness to pressure the Saudi Arabian government to end its spread of extreme Islamic ideology, known in the West as Wahhabism“, so she has set ‘puritan‘ as ‘extreme version of‘. The question is on one side is what constitutes a puritan version as such and even if so, the Vatican forced Christianity into the world, whilst under its flag committed genocide by removing no less that 11 civilisations. The church and greed have gone hand in hand for centuries whilst the nobility, or should that be in modern tongue ‘Big Business’ have not been held accountable since before World War 1. The bible approved of slavery and in Matthew 19:14 and Mark 10:13 stated ‘Let the children come to me‘, Catholic priests saw that as an optional clear signal to fuck every young boy in town (whenever possible). So as the Holy See was considering thousands of priests actively taking the cherry from young boys for over 50 years, how many went to prison? In that light the media is equally to blame, until the movie Spotlight got the limelight in the Academy Awards, millions of Americans remained in denial. Even as the Boston Globe exposed it in 2002, it would take 13 years, until after the movie was released that the larger part of the media changed their tunes, the church still has that much power. So as we oppose one form of puritan religion, we see the outrages acts of our own religions and in that regard I have an issue with certain settings.

In addition we see: “As I told Congress in testimony last July, 16 years after the 9/11 attacks – led and carried out primarily by Saudis” we see yet another issue. In the first, this attack was done by Al-Qaeda, under the leadership of Osama Bin Laden, who was indeed born Saudi, yet he was banished from Saudi Arabia in 1992, 9 years before the event. More important, their family came from the Yememi Kindah, so another ‘faith’ altogether, in that regard, when we consider that Kindites converted to Judaism following the conversion of the Ḥimyarite kings, which happened roughly 1500 years ago, so why is she not blaming Israel in all this? It seems to me that Nina Shea has no religious agenda; she has a political one and is willing to play Saudi Arabia towards her needs. In the part that we accept that Al-Qaeda was made up from Islamic Extremists and Salafists, there is the legitimate question on how many of the members of Al-Qaeda are (still) Saudi, but is that even possible to grasp? There are so many splinter organisations, active all over the Middle East, In Yemen is gets even more of an issue where they are fighting the Houthi’s. The New York Post gave us two weeks ago: “An immigrant from Saudi Arabia suspected of applying to join an al-Qaeda training camp has been arrested on a visa fraud charge in Oklahoma, according to a report. The FBI recently discovered Naif Abdulaziz Alfallaj after his fingerprints matched those taken from a document found in Afghanistan“, it makes matters worse and less clear. It is not a clear picture for those getting all the information, for people like Nina Shea who are willing to ‘filter’ data before their presentation make matters worse, we do not only get a distorted picture, we get more non-truths (at times non-verifiable truths, or speculations) and as such the picture shift a little more. We can argue that to some Saudi citizens desire a life of ‘action’ in perhaps the wrong direction is preferred over whatever they had before. We have all had those moments. I myself have argued within myself to find 1-2 paedophilic priests and hang them in the nearest tree without trial, so should I join some anti-religion and blow up churches? Of course not, that would be just insane, but some might do just that.

So when we consider ‘members of the Ku Klux Klan planted and detonated dynamite at the 16th Street Baptist Church‘ we also need to see that J. Edgar Hoover had secret recordings that proving the involvement of guilty parties (according to some sources), he also ensured that a court could not use them as evidence to prosecute the attackers, making it more difficult to convict. For 14 years after the bombing, none of the men were prosecuted for their crime. The first one to be arrested (and convicted) was Robert Edward Chambliss in 1977. So we, Americans and non-American Christians alike have closets full of skeletons, perhaps when it comes to certain matters we should not be the judging or reforming parties in the matters of other nations.

Now, there are a few sides that do bare consideration.

Even if we agree with: “In 2010, a top U.S. Treasury counterterrorism official warned that without Saudi education reform “we will forever be faced with the challenge of disrupting the next group of terrorist facilitators and supporters.”“, Saudi Arabia is a sovereign state, it has its rights and it has forever been a Muslim state. You see, until the oil prices went down and the profits declined, America remained unwilling to hear any level of criticism on Saudi Arabia, making a lot of the matters in play hypocrite at best.

The next ‘wrongful representation‘ is “The West seems to be finally waking up. The new assertiveness shows official recognition of the link between Islamist ideology and terror, and our governments must keep it up“, you see, I see this as “as the profits are declining and as Saudi Arabia is now set to be a growing force beyond the petrochemical industry” we see issues because the ‘link between Islamist ideology and terror’ has been known for a long time and seen as such. Hamas, Hezbollah are the clearest ones. There is the Muslim Brotherhood, and plenty of others, whilst the PLO was delisted as a terrorist organisation is now again rearing its tail by no longer recognising the state of Israel, so that could escalate again. In addition we see that only the UK saw the Orange Volunteers as a terrorist organisation, I wonder why the US did not see it that way. So whatever makes that list is also very dependent on how they cross the United States of America (speculation on my side), so as the sovereign nation of Saudi Arabia is becoming a growing centre of commerce and an economic power we start seeing more anti-Saudi events. Yet the US will happily sell all the weapons and planes they can for now. Nina also refers to a report that was classified and forced into the open in 2016 regarding the Saudi textbooks (at https://www.nytimes.com/interactive/2016/08/17/international-home/document-state-dept-study-on-saudi-textbooks.html), it is 148 pages, so read it there (the PDF was too large to place here).

My issue in this is not the paper; it is the chance of comprehending it all, it is linked to hundreds of books, to hundreds or issues all linked to the Koran and to the rights that Saudi Arabia has as a sovereign nation. We might not agree and as Christians we might to a certain degree oppose outside of Saudi Arabia, but its sovereign rights are as they wanted it, linked to the Muslim faith. We need to recognise that we are not all alike, that others have their rights and they need not be based on democracy. However we must also recognise that ‘democracy’ in America and largely in Europe is set towards what the rich and powerful want it to be. If you disbelief that then try to change laws in America that makes Wall Street criminally accountable. Good luck getting that done within the next 50 years!

You see, in support of my view, I would like to call attention to page 3, where we see “The national identity of Saudi Arabia is deceptively simple. It is an absolute monarchy“, so what makes a monarchy absolute? The Netherlands is a monarchy, so is Sweden, Norway, Denmark, the United Kingdom, Belgium, Spain and a few others. So as these are predominantly Christian monarchies, are they not absolute or dangerous? Perhaps they are merely seeing eye-to-eye with the US and not that much of an economic threat? The EU and the ECB simmered down the European nations as threats is another view and it is for people with better economic degrees than mine to make a call on that. Again a speculation from my side, but it seems to me that the US would prefer every nation to be a republic, so that the larger corporations can sweep in and reduce that national population into a spreadsheet and reduce the abilities of those being a hindrance, a non-consumer or a liability.

We can take any view on these matters, but in the end we see a person with a rightful opinion get the centre stage all the way to the US Congress, whilst we consider her quote: “Germany finally pressed Saudi Arabia to close the King Fahd Academy in Bonn in spring 2017, according to a 2016 Deutsche Welle report. It first came under investigation 14 years earlier for alleged ties to al Qaeda“. The question that is here is ‘It first came under investigation 14 years earlier for alleged ties to al Qaeda‘, so was that ever proven? That is the part that Nina Shea does not want you to know; in addition there is the part that was in the Deutsche Welle. ‘Now, the King Fahd Academy is about to close its doors of its own accord‘, which she did not mention. In addition (at http://www.dw.com/en/controversial-saudi-school-in-bonn-to-close/a-19511109), we see the clear mention of ‘Moving beyond oil‘, it seems that Europe and the US stayed very silent whilst the oil profits were flowing their way making a lot Nina states even more hypocrite. So as Saudi Arabia’s Crown Prince Mohammed bin Salman is pushing stronger towards his “Vision 2030“, we see that slowly his reforms are catching hold, there is momentum and there is additional evidence that it is a worry for the United States, particularly the people who were having benefits on the matters before Vision 2030. When we consider the rumour from last month when we were introduced to “The new policy means Apple is administering collection and remittance of tax to authorities at a rate of 20 percent in Armenia and Belarus; 5 percent in Saudi Arabia; 18 percent in Turkey; and 5 percent in United Arab Emirates” we see the clear benefit for Apple to grow in Saudi Arabia, yet in that it could cost the US 20 cents to every dollar pushed to Saudi Arabia and as Apple tends to think in tens of billions, the US is about to lose out of a pretty penny they desperately need. In addition with Amazon and Google gaining tech hubs there, the loss of revenue and data is about to cost the US a lot more and in this greed driven economy that is what has been setting plenty of people over the rails and into the sea of chaos, frustration and outcry. So as Saudi Arabia ends up getting 5 data centres, how many will not be upgraded in the US or Europe in the near future? How much is that going to cost them?

These are all matters linked to the opinion of Nina Shea, because if that was not the case we would not have seen “These events are being driven by Western governments that are now pushing hard for the government of King Salman bin Abdulaziz Al Saud to pull back from Wahhabist support – a push that appears to be working“, you see, the fact that (some) schools closed on their own accord was not mentioned, neither is any part of Vision 2030 which has been on the front page of the Saudi plans of actions for almost 2 years now and in addition, when we see “For decades European and U.S. leaders bit their tongues while the Saudi governments spent billions of dollars indoctrinating Sunni Muslim communities“, whilst not stating that the oil money flowing into these places was too good to ignore is equally an issue because it shows us to be hypocrite and it shows Saudi Arabia to be business oriented. OK, I will give you that the last part is not entirely correct, but why did Europe and the US bite their tongues? If they were so morally high we would have seen a lot more, an issue that never happened.

So who will Nina Shea blame for that? I reckon we will leave it non-mentioned (for now).

Finally we need to look at her statement “Tiny Belgium, population 11.27 million, has sent more Islamic fighters to Syria per capita than any other European country“, so when we see the Wall Street Journal (at https://www.wsj.com/articles/europe-balks-at-taking-back-isis-fighters-1518557328) where we see the quote “An estimated two to three dozen Belgian foreign fighters are in detention in Syria and Iraq, another Belgian official said“, so as we consider an unrelated statistic like “Hospital medical errors are the third leading cause of death in the United States. That’s 700 people per day, notes Steve Swensen“, the fact that we see the mention of 36 Belgium fighters in Syria in a pool of 5000, seems to be too irrelevant to use as a focal point in her presentation, whilst in the US 700 people a day die in Hospitals through mere errors. She has the wrong focus as illumination in her presentations. You see, it would not have mattered if she had mentioned the number of Belgium fighters and the total pool of ‘extremists’ but she did not want that, she wanted the hypocrite limelight, so I will happily keep a focus on her and how she tries to misinform the people around her next.

In all this Fox News should get an equal share in the blame by not setting the stage properly. By leaving too much unstated we should consider that the reliability of Fox News and what they present is equally taking a turn downwards.

In the end

In the end this was less about speaking for Saudi Arabia (they can do that themselves perfectly well), then speaking against Nina Shea. I find this a hatched job that should not have been placed on Fox News the way it was. Whatever points she could have made was drowned out by the misrepresentation that I see them to be and in several fields in many ways. This requires me to add her mention of ‘Islamist terror has replaced chocolate as Belgium’s best known export‘, you see the best export the Belgium ever had was beer, the finest in the world. And even as we agree that their chocolates are the best, we need to see that terrorism is not their export, or their best known export. Perhaps their flaw was to have the most cordial of borders in Europe, together with Sweden, yet as Sweden is up in the north and Belgium is caught between the Netherlands, Germany and France, there is no doubt that whatever they get came initially from one of the three other nations and guess what, Nina made no mention of that either. Perhaps because she was in doubt whether it was a good idea to piss the other three nations off? Again, merely speculation from my side, but in the end, we have seen in evidence from reputable sources that the economy has been a central reason in creating extremism, a part that has hit Belgium and several other nations. That too remains unmentioned.

 

 

Leave a comment

Filed under Finance, Law, Media, Military, Politics, Science

A changing language

Europe is in several stages of unease; there is the spending of Mario Draghi, Brexit remains on the mind of many. Yet, the one change that is now more and more in the foreground of many is the problem that Turkey seems to be. There are those set on the stage to end Turkey as a NATO member and subsequent becoming part of the EU, there are things going forward and backward, but the language involved in all this is changing, so are the settings for the meetings yet to come. In all this the latest Turkish act to double down on the Russian S-400 purchases in 2020. There is, as I stated unease and as I see it the entire EU-Turkey mess is now a dance around unclear settings. Yet the settings are founded on what some would call, clear and blatant lies.

So to recap, on March 26th in the Bulgarian port city of Varna with the attendance of President Recep Tayyip Erdoğan, there will be a summit. The given setting is “to discuss EU-Turkey relations as well as regional and international issues“, this we got from the spokesperson for Donald Franciszek Tusk. The meeting held at the leaders’ level will be hosted as a working dinner, a statement signed by Tusk and Juncker said. Yet soon thereafter it begins. With: “Ankara has been stressing that the EU fails to understand the challenges that the county faces, and calls on all sides to take Turkey’s concerns into consideration, particularly against the PKK and the Gülenist Terror Group (FETÖ), which carried out the failed July 15 coup attempt“, yet how is that true when it has been clear for the longest time “Turkey witnessed the bloodiest coup attempt in its political history on July 15th, 2016, when a section of the Turkish military launched a coordinated operation in several major cities to topple the government and unseat President Recep Tayyip Erdogan“, this is the quote from Aljazeera, but they were not the only one giving this.

The Turkish government blames the failed coup attempt on Fethullah Gulen, a Turkish preacher and businessman who has lived in self-imposed exile in the United States since 1999. So as we accept that the Gülen movement is classified as a terrorist organization by Turkey under the assigned names Gülenist Terror Organisation (Fethullahçı Terör Örgütü, FETÖ) or Parallel State Organisation (Paralel Devlet Yapılanması, PDY), we see the link offered, yet another path in this is “MIT officials admitted that they received the very first intelligence report about a possible attack on July 15, only hours before their own headquarters was under heavy artillery fire“, as well as “As of today, more than 100,000 people have been sacked or suspended and 50,000 arrested in an unprecedented crackdown. The government has deemed the crackdown necessary to ‘root out all coup supporters from the state apparatus’“. When we consider those parts, we need to realise that the Millî İstihbarat Teşkilatı (MİT) was completely out of any loop, which makes Turkish Intelligence not just a flawed setting, it would implicate that it has limited counter terrorism options and no resources to speak of (in intelligence terms).

In opposition to this, there would be enough data to offer that it was an internal issue from within the Turkish military and whatever opposes Recep Tayyip Erdoğan in Turkey got a fat target painted on them. This fills and completes the view we need to have of Turkey much better. In support of this we need to consider that one exiled cleric could not have orchestrated the military support that would have been required and that was seen in action. The width of the Turkish military acting seems to be that of an internal star chamber than a clerical imprint on the military, the latter would have given more visibility to other ranking officers within the Turkish armed forces. As this becomes more and more visible and accepted, we are treated to the view on the unacceptable acts against the Kurds yet again, which followed the Turkish official view of the coup that they ‘survived’.

So in this light the setting for March will be one that is a puzzle. You see as Turkey keeps on playing this game, their credibility will only go down further. The European Council on Foreign Relations (ECFR) (at http://www.ecfr.eu/article/essay_eu_turkey_relations_the_beginning_of_the_end_7226) gives us: “Both Turkey and the EU need the continuation of this partnership. It is a matter of definition whether this partnership will be in the form of full membership or in a different form. What is important is not to break the process and not to cause alienation. The need for sustainable EU-Turkey relations obliges both sides to take steps to honour their commitment to integration“, we can accept that, but at this point, is continuation feasible? We see the shifting language that shows that Germany is less and less taken with Turkey, now siding more and more with France on the anti-Turkey alliance. It gets worse for Turkey as we now hear: “A Turkish court on Wednesday denied entry to the German ambassador to Ankara to the hearing of Selahattin Demirtas, the former co-leader of the pro-Kurdish Peoples’ Democratic Party (HDP)“, which we get from http://www.dw.com/en/turkish-court-denies-german-ambassador-entry-to-kurdish-politicians-trial/a-42579957, even as France is trying to work with Turkey regarding a ‘diplomatic road map‘ on Syria, the sounds of accusation of Turkey violating international law was not far behind it, so there is pressures on nearly every level. Only 12 hours ago, Deutsche Welle gave us “Even NATO Secretary-General Jens Stoltenberg wouldn’t hazard a guess ahead of this week’s defense ministers’ meeting. He said Turkey needs to clarify the status of the contract” (at http://www.dw.com/en/turkish-russian-missile-deal-puts-nato-on-edge/a-42572965), as I said earlier, the language is changing. As we see ‘Turkey needs to clarify the status of the contract‘ that it is about cancelling the contract? Yet in that respect, what would Turkey demand in return? How much is that going to cost and where does that invoice end up? You see, when you consider Reuters with ‘U.S. tells NATO allies spending plans still falling short‘ (at https://www.reuters.com/article/us-usa-trump-nato/u-s-tells-nato-allies-spending-plans-still-falling-short-idUSKCN1FY013), where we see “Spain has said it will not meet the 2024 target. Belgium, the Netherlands, Luxembourg, Italy, Portugal, Norway and Denmark are also lagging. Hungary expects to meet the goal only by 2026“, as well as “France will increase its defense spending by more than a third between 2017 and 2025, but Germany, is not expected to reach the 2 percent target by 2024“, this gives us that the three large economic anchors of the European Union cannot get there. It is these elements that make me wonder on the changing language involving Turkey. From a setting that would have given a clear rejection of Turkey becoming an EU member, we see the setting of new talks, new events and more ‘collaboration’ projects. I think that France is already learning the hard way that this path leads to nowhere, but the others need Turkey to be a spender here, and Erdogan is using that tactic to his own advantage, because once they are in, you cannot throw them out anymore (the EU that is), not even willingly as the UK is learning the hard way. Even as we accept that to some extent Turkey helps to reduce an influx of Syrian and other migrants and refugees into the EU bloc, the question is to what extent and for which purpose, because once these refugees make it into Turkey, Turkey is either stuck with them or they must ‘divert’ them to another place.

In this, in an earlier blog I mentioned the Visa Free EU travel for Turkey and that they had not met the demands. So as we see “Last week, Turkey manifested determination to restart a new chapter in its ailing relationship with the European bloc by submitting a paper detailing Turkey’s roadmap for the fulfilment of the remaining seven benchmarks of 72 criteria” we need to get worried on the non-committed acts from the EU on the matter which had not been met. It seems like Brussels is trying to find any way to either delay it all or give Turkey a pass, which would be disastrous for several players. This is seen in several articles, in this case the Irish Times gives us: “Instead of formally ending EU membership talks, Dr Merkel said she would look at imposing “real restrictions on economic contact” including through the European Investment Bank, EU aid, World Bank and by blocking talks on expanding Turkey’s customs union agreement with the EU, a move that could hit billions of euro in potential Turkish exports“, whilst the EU themselves was ‘dismissive of call for end to Turkey accession talks‘, stating that this is for the heads of government, European Commission says, so the EU revels in inaction and restrictions in other ways. This is a dangerous and explosive combination.

So even as one issue was the contention in the counter terrorism benchmark which has been the definition of terrorism in the counter-terrorism law that Turkey was called repeatedly to amend in order to comply with European democratic and judicial standards. Now, according to reports, a legal provision will be added soon to the current anti-terror law stating that “any critical expression that does not exceed the boundaries of journalism does not constitute a crime“, how is that enough? As we see the Kurdish issues as shown earlier as well as a new complete failure by the Millî İstihbarat Teşkilatı (MİT) should leave anyone a clear indication that not only is the counter-terrorism failing, there is an increased worry that Turkey does not really comprehends the term ‘counter-terrorism’, in support of that fact, or evidence to that, you should talk to the journalists Deniz Yücel, Huseyin Akyol, Ragip Duran, Ayse Duzkan, and Huseyin Bektas. Oh no, you can’t they are in jail! Turkey could have had a genuine excuse, but they lost that option when they denied the German ambassador to Turkey access to the court proceedings. That alone should be regarded as evidence to dismiss the ascension of Turkey to the EU.

And whilst the entire language on Turkey seems to be in a fluid state, the Brexit noise goes on, whilst some are relying on fear-mongering with noise like: “You could have a permanent Operation Stack for 20 miles” regarding shipping between the UK and the EU, ‘could‘ being the operative word. So how large was that ‘stack’ in the 70’s and 80’s? In addition we see the Financial Times (at https://www.ft.com/content/0a8799c6-1190-11e8-940e-08320fc2a277) give us: “Brussels is urging EU leaders to consider radical options such as raiding corporate tax receipts and money raised from selling carbon emission permits to fill a €15bn a year budget hole left by Brexit“, in addition it gives us: “the need to find more money for priorities such as border control and joint defence, mean negotiations are likely to be even more poisonous than previous EU tussles over money“, whilst we see “Some member states don’t want to pay more but they want to do more. Other member states want to receive more“, these elements show the desperate state the EU is in now, that whilst Mario Draghi has printed almost 2 trillion Euro in money for ‘Quantative Easing‘. This relates directly to Turkey, because it shows the desperate EU trying to open a many doors as possible, this is how I see the impact of not dismissing Turkey as an EU member at present. So when we see “impose tougher conditions on access to EU funds as a way to force the likes of Poland and Hungary to comply with EU policies on the rule of law and on asylum” as is a given view on the two needing more money, wanting a stronger voice but cannot contribute. Add to that the earlier pressure from the US for NATO member to do more gives a shifted view of the needed activities within the EU, Turkey is seen as the one floating elements that will allow a few players to keep their heads above water, but it is as I personally see it a desperate act from certain short term viewers, that whilst they also know that it will descent EU elements into chaos. As I (again merely a personal view) see it, it would cripple Strasbourg in getting issues resolved and as Turkey fails to comply with humanitarian sides, it could in equal measure become the puppet for Russia for dislodge other item in consideration, an option honoured by perhaps negating some invoices for S-400 systems, spare parts, training and consultancy? It is merely speculative thinking, but would I be wrong? It would work out very well for Turkey, for the other bloc members a lot less so.

A danger that could have been resolved almost 2 years ago, I will let you ponder on the reasons why the EU never negated this danger.

 

1 Comment

Filed under Finance, Law, Media, Military, Politics