Category Archives: Finance

February 6, 2016 · 12:36

Penis Aqua Rosa Congressista

The Dutch used to have interesting names for classifying people. There was ‘Penis jujubes’ (originally: Droplul), which amounts to Liquorice Penis, which captions the non-Dutch titles dick, asshole and idiot. The other one was ‘Penis Aqua Rosa’ (originally: Lulletje Rozewater), which gets us Rosewater Dick, which is an expression for a man that has no backbone, a man that is weak and submissive. The latter one seems to apply to the US Congress in a few ways.

You see, the article ‘Drug company boss Martin Shkreli refuses to testify to Congress‘ gives us part of it all (at http://www.theguardian.com/business/2016/feb/04/martin-shkreli-refuses-to-testify-congress-drug-daraprim), an issue that might be seen in the wrong light, if you only go by the one side of the story. You see, this is situation that Congress and their US laws created for themselves. Even if we get the ’emotional’ statement: “One member begged him to examine his conscience“, we all seem to ignore, that this is something Congress achieved all by themselves. You see the quote “Earlier, Shkreli and Turing’s chief commercial officer, Nancy Retzlaff, were criticized for hiking the price of Daraprim despite the fact it is the only government-approved treatment for the rare infection toxoplasmosis, which can be fatal for some Aids and cancer patients and endangers babies in-utero” is at the core of this.

Instead of setting up the law that fairness was at the centre of it all, politicians set the speculation that every pharmaceutical company and their fields would be ‘distributed’, that there was no overlap (for the larger extent), as such pharmaceutical had a clear field for maximised profits. How long did you think it was going to take before someone weaselled themselves into that crowd, with the simple goal of maximising his Return-on-Investment? The United States of America has always been about capitalism and living the dream. Martin Shkreli is doing just that, now we get what some might call ‘sissy noises‘ from the Halls of Congress!

Let’s be Frank (or Punch and Judy; whatever works for you), what Martin Shkreli does is utterly unacceptable, yet, it is Congress that did not legislatively clip the wings of unbridled greed. They sat around as President Bill Clinton called for the end of the Glass–Steagall Legislation. As the majority remained silent additional doors to greed got opened. In all this, the lack of visionaries in Congress, even after 2008 lacked action when it came to protecting the citizens of the United States of America. So when I see the response from a member of congress “member begged him to examine his conscience“, I will kindly tell that congressperson to cry me a river and I’ll do so whilst playing worlds tiniest violin.

Congress is in an emotional state, suddenly crying for those who cannot afford it, yet what clear provisions in legislation has it given to the coffers of the United States? You see when we consider November 23rd (at http://www.forbes.com/sites/antoinegara/2015/11/23/pfizer-and-allergan-merger-ranks-as-biggest-ever-pharmaceutical-deal) and we see “On Monday, Pfizer PFE +0.10% and Allergan unveiled an all-stock merger that will allow the combined company, Pfizer PLC, to move its headquarters to Ireland and focus on corporate cost cuts“, which is set at $160 billion, you better believe that this impacts the taxability of that corporation by a lot. As far as I can tell from the surface, the total of pharmaceutical mergers LAST YEAR ALONE is well over 600 billion, so half a trillion dollars, all now going via Ireland. How much noise is congress making there? Or do these ‘respectful’ members of congress have a few too many friends in ‘those’ circles? Better to loudly focus on the one man out as Pfizer, Allergan and a few others. Can we all agree that the difference of 600 billion, being taxed at 25%, or being taxed at 17% is worth moving house over? You see, I love Sydney, but when someone tells me that moving will get me $48 billion, I will start singing ‘My heart is in Ireland‘ and I will enthusiastically pack my bags. You see, I can always get a second apartment in Buenos Aires and life of my self-made cash cow, getting me $50K a day and still allow me to double my fortune before I retire, making me live of $200K a day until I die. That is the track that Congress left open. This can be seen (at http://www.forbes.com/sites/antoinegara/2015/11/23/pfizer-and-allergan-merger-ranks-as-biggest-ever-pharmaceutical-deal), the quote there “move its headquarters to Ireland and focus on corporate cost cuts“, can be seen as ‘tax cuts’ and now guess what a chunk of those cost cuttings will go? You probably guessed it, the gents (ladies too) of the board of directors of Pfizer.

So, when I state to the person in Congress ‘go cry me a river’, I am being pretty serious. For the mere reason after all those hard words that the media published on how this was going to get stopped, on how some African American in a non-circular room (according to whitehouse.gov) decided to call for ‘Closing Corporate Tax Loopholes’ in July 26th 2014. I am guessing that this was unsuccessful as Pfizer basically walked out with well over half a trillion. The move started in November 2015 and the press has been absent of any failure to stop Pfizer from moving away from the American non-tax havens, towards the shores of paddy’s Irish Whiskey and the real tax havens.

Let’s be clear, that this does not excuse Martin Shkreli from the acts he is doing, or would it stop me from legislatively going after Martin Shkreli if I could. The mere reality is that it will be close to impossible to do because the US Congress had enabled much of what Martin Shkreli did, which is not what they intended to do, yet it is what is the non-emotional result, so in that matter ‘examine his conscience‘ applies to a much larger extent to Congress and its need to clean up the mess that allows corporate American to get around taxation. A mess congress might not be willing to fix for the simple speculation that when not re-elected those members of Congress need to rely on large corporations for their next pay check.

I am not the only one on this horse, as far as I can tell ‘the New Yorker’ and a few others are starting to realise that no matter how objectionable the acts of Martin Shkreli are, there is now a focal point change. This focal point is about how Congress itself is part of the problem, not part of anyone’s solution (at http://www.newyorker.com/culture/cultural-comment/everyone-hates-martin-shkreli-everyone-is-missing-the-point), how there is an unlabelled coffer with funds to buy items of survival for people who cannot afford it. The New Yorker states it as “mysterious corporate bargaining, and occasional charitable acts“, this includes (as I personally see it) Pfizer and their transplanted plus 600 billion, moving to Ireland.

So even when we consider the acts of Martin Shkreli to be vile and evil, how is the inaction of Congress not worse? How is it that we cannot condone the acts of a failed administration, whilst the acts of a person who was in it for the money from day one to be such a surprise?

A man that graduated from Bernard M. Baruch College of the City University of New York, who became a hedge funds manager, ‘evolved’ as an entrepreneur and who is living the American dream.

How are any of the unfolding elements a surprise to anyone?

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Tagged as Allergan, Bernard M. Baruch College, Daraprim, Forbes, Glass–Steagall Legislation, Ireland, Martin Shkreli, Nancy Retzlaff, Pfizer, President Bill Clinton, President Obama, the Guardian, US Congress

February 4, 2016 · 23:21

Intimidating the Euro

There have been several issues in the past, some we seem to embrace as ‘dangerous’ towards the survival of the Euro, some less so. There has been a detectable increase (including from myself) into the events as they are occurring. Yet, any nation, has forever had moments of bad news, so why are we so eager to predict the downfall of a united coin?

You see, we all agree that there will be good times and times that are less so, yet in all this a level head should prevail. This means that there is balance. Nations tend to float their coin when things are poor and as decent times return, that floatation option dissipates. As nations were balanced, these waves still happen, but they were less extreme. Which meant that there were currency cycles, which is not a mystery!

So when the Euro came, a stronger more balanced currency became the global player, with a few ‘visionaries’ claiming that this is the haven of all currency. In that regard, let’s take a look at Rasul Shams (at http://ageconsearch.umn.edu/bitstream/26228/1/dp050321.pdf), a discussion paper from 2005. Here we see “One of the basic statement of a full developed theory of world money is that the world economy exhibits a specific structure, which is changing through time and that the world money adjusts to these specific characteristics of the world economy and underlies therefore itself large-scale changes in the long run. To understand the development of the world money and any long-range modification in its manifestation through time one has therefore first to study the dynamic stability of the world economy” (page 6). On Page 14 we get “Kenen (2002) and McKinnon (2002), both looking on the use of Euro in trading, bond issues, bank liabilities and official reserves, appreciate the strong role of Euro as an international currency but do not believe, it could be in a position to displace the central role of the Dollar. McKinnon refers to the reinforced Dollar standard by the ongoing price stability in the United States as the main reasons why the Dollar supremacy will continue“. In addition we see “Hartmann and Issing 2002; Huismann, Meesters and Oort 2000; Beckmann, Born and Kösters 2002), looking at the evolving international role of the Euro come to the conclusion that the Euro has indeed a great potential to expand further its international role but that this will be a long run process, not to be realised in the near future“. Now we get the first issue.

You see, certain players behind the screens must have made certain events happen to flow the Euro against the dollar as the 2004 crash became a reality. Now consider that the initial European Exchange Rate Mechanism (ERM) was introduced somewhere before 1980 to reduce exchange rate variability and achieve monetary stability in Europe. In that system the currencies were still floated to the minimalistic degree, depending on the local economy. So when the Euro became the coin, that game changed. Suddenly nations lost their personal flotilla device. Now for the larger economies like France, Germany and the United Kingdom it was not that much of an issue. There was a degree of control. The UK had even more options as they remained to keep a sterling position. The other players were however in a less favourable position. They now had other issues to deal with. As those nations all got an interesting credit card, we saw a growing problem. Greece and Ireland being the larger problems, but in no way the most deadly of them. That part must be reserved to Italy and France. The EEC has a total ‘national’ debt of well over 12.5 trillion. With 50% of that debt belonging to Germany, France and Italy. Germany was until recently safe, because their economy was decent and their unemployment rate was below 5%, this is now changing through several parts. The Germans have many sides to their economy, yet when we read that the Deutsche Bank posted a €6.8 billion loss in 2015, thanks to a €12 billion write-down linked to litigation charges and restructuring costs, and it set aside more to cover any potential litigation (at Read more: http://www.afr.com/markets/deutsche-banks-troubles-unmask-bigger-risks-20160203-gmken9), we see new dark clouds. Apart from the DB shares going down to 10% of what they were before the financial crises, we must wonder what other effects are in place. Here is part of the problem. We can state on one side that one hiccup like that should not be a worry, but the economy in Germany is having a slow start. In addition as other nations are showing a slowing need for Deutsche Grundlichkeit, they are looking for alternative providers, cheaper providers, which is a given. Now add the VW scandal, which pushes down Covestro. All parts of multi Billion Euro sided Bayer. Now for a history lesson (at http://www.press.bayer.com/baynews/baynews.nsf/id/Bayer-MaterialScience-to-be-called-Covestro), which gives us “Bayer intends to float Covestro on the stock market by mid-2016 at the latest. The plan for Bayer Material Science to become a separate company was announced in September 2014” on one side, the timing is great for the board of directors who get to write off the losses from taxation and still get that 8 figure bonus. For the German government that is bad news on top of bad news. So as Germany was not a problem for the Euro, it is now a worry that is growing, growing by the day.

In all this I must now add that the national debt of Germany which represents one third of 50% now becomes an issue.

In addition, the hardship from France as it remains in a state of emergency. In addition, as too many people focus on the fact that the French Economy is moving ahead at 1.1%, which is a good achievement. Yet the unemployment rate is slowly creeping to 11%, in addition, the youth unemployment rate in France increased to 25.90, which means that the French hardship is still escalating. So as we see an economy growth of 1.1%, it is countered by ‘French unemployment rises by highest rate since 2013’ (at http://www.france24.com/en/20151126-french-unemployment-rises-highest-rate-2013), which will impact the French budget. In that regard so far (3 months later) no clear solutions have been presented by the current French government. In addition, the extremist and refugee issues are pressing more and more on the French morale, less and less acceptance is seen there. The French political landscape is still under attack, as the issues deepen, more and more people are starting to listen to Marine Le Pen, who is now seeking alliances with Italy’s Lega Nord, which also includes Geert Wilders from the Dutch PVV and Heinz-Christian Strache from the Austrian Freedom Party. These factors are important, for the simple reason that until 2 years ago Lega Nord was not even a blip on the radar of anyone who mattered in politics. That is no longer the case, more important, the stronger and the more united these right wing parties become, the bigger the collapse of the Euro. I would never have considered these parties to be anything bust extreme in chance. The inability of France’s François Hollande to get the economy to any degree on track is central here. The 1.1% melts away to -3% when we see the cost for France rise and rise. The plan for 500,000 vocational training schemes might sound nice, but that is not any guarantee to growth of economy, just an absolute guaranty to cost well over a billion, with more costs down the track. Italy is in a place not much better, even as both nations have products people want, the bulk of people are not buying the amount both governments need to see bought.

Now we see these elements as the UK has given the Brexit referendum to take place on June 23rd, which means that we are about to get flooded by propaganda from all sides, including newspapers on staying in, or moving out. The Guardian was quickly on board on how the environment would suffer (at http://www.theguardian.com/environment/2016/feb/03/brexit-would-return-britain-to-being-dirty-man-of-europe), whilst happily ignoring that a homeless person due to no job and no home has a worry with drowning in the rain and freezing solid in a park in winter. All these dangers because no one was willing to muzzle Greece, or bankers for that matter. So as we now see how Goldman Sachs is stating that Brexit could cost pound a 20% drop in value, should we remember those at Goldman Sachs that they are one of the responsible parties that got this entire economic mess started?

Now we get back to the continuation of the Euro issue as I saw it in the beginning. As we see how political parties are influencing events, the political element not seen is how political players have been spending others people money, without fear of persecution, prosecution or accountability. The mere inability of the European nations to keep a proper budget and to keep debts in check is a massive reason why right winged parties are now growing beyond anything. No one seems to be properly measuring data. As national data is inflated (read: weighted) we see optimistic news all over the place, whilst 90% of data and results should have been adjusted from the very beginning. So, we have one currency and all nations are floating the currency by inflating ‘predictions’ of their part of the economy, by the time that falls over, we see waves of managed bad news, yet the currency was from that point onwards never in a proper state, it has not been in that place for a long long time.

Now, France will face the next hurdle. There are too many predictions on how the UK will not go Brexit, but in all this the people are seeing their lifestyle dwindle away and as we see more managed bad news, the British people might have had enough. A strong example here comes from the BBC in December 2015 “Economic growth in 2015 was originally predicted to be 2-2.5%. But in large part because of the decision of the Government to take those bailout talks to the wire that has turned into a 2-2.5% contraction – a deep and painful recession. Now the experts are predicting once again that the economy will return to growth in 2016, unless something else gets in the way“, so as we read this, we see that ‘the experts’ were off by 5%, which is massive, which follows ‘predicted growth’ in 2016. Yet we all know that Greece has had too many problems and when the retirements funds stop because they invested in Greece, where will retirees get their ‘support’ from? They are entitled to that support, but Greece has no more money, debts it cannot pay and it let those who got Greece in that bad a state off the hook. All EEC nations left those Greeks off the hook. So now, as we see that money is running out, which will in the near future could mean that the IMF has to bail out Greece again. If that happens before June 23^rd, how do you expect the British referendum voters to react?

One thing is certain, if Brexit happens, François Hollande will get the nightmare situation he dreads, because the Euro without the United Kingdom will not survive through Germany, Italy and France together. In that light it will push Frexit straight to the top, with at some point in 2017 President Marine Le Pen, signing a government act to secede from the Euro and not entirely unlikely secede from the EEC altogether. That last statement is massively speculative, but not impossible. It is nationalism that are driving the French to her and the Italians to Matteo Salvini, there is still the dangers that Nigel Farage will get on the ‘I told you so horse‘, which had a 1:1,000,000 chance to win. Now my £10 will turn into a nice retirement funds for a nice place on Guernsey (if someone honours that deal). A wave started by the mere political short-sightedness of not having a legal door to expel bad nations and their economic acts. An oversight that will result in additional trillions of write-offs and hardship for the European population at large.

A view I stated in 2013, there is now a decent chance that I will be proven right 3 years later, a mere data analyst without an economic degree.

Yet, can I be wrong? Of course I could be, but you should ask yourself: ‘Where is MY benefit?’ I am not asking you to state this in some rage of selfishness. I am asking you to look at your life, your family and all the parts you lost in the last 10 years. All the things you worked for and what you have been left with. Now, many people have not lost what they had, but their financial progress seems to have minimised, largely due to outside influences, some of them due to really bad internal governing. So how does a Brit feels when the hardship he faces comes from the bad acts not just from the UK, but in addition to the acts from Spain, Greece, Portugal and other nations? In addition, we see that those governments do not seem to be held accountable, neither are the decision makers held accountable by other governments. Now, the average Brit accepts that his government makes mistakes, just like the average Frenchman, or Italians for that matter. But neither wants to pay for the cock-ups of another government, especially as no one is held accountable, so that part leaves us with Brexit and the chance of it becoming a reality. Yet when we see the quote in the Independent “David Cameron has urged mainstream Conservative MPs not to be bullied by party activists into campaigning to leave the European Union as he took on his Tory critics with a fierce defence of his reform blueprint“, we have to consider that the risk is a lot larger than David Cameron is comfortable with, which works for Nigel Farage. The accusations that others are now accusing the UKIP MEPs, who allegedly have been intimidating other members of the European Parliament.

So, now, after a year, the UKIP members that were never seen as anything serious are now ‘intimidating’ others? So now we see the picture caption ‘Green MEP Molly Scott Cato admonished Farage and Ukip MEPs‘, yet in the Guardian (at http://www.theguardian.com/environment/2016/feb/03/brexit-would-return-britain-to-being-dirty-man-of-europe) we see “It will work with green groups to persuade people that leaving the EU could set back the UK’s nature protection and prevention of pollution many years“, so the battlelines of Brexit are being drawn and the question becomes, where is the truth and why are certain bad elements not being held accountable, that is the real reason why Brexit and Frexit are a reality. As no one addresses that because of the ‘friends’ these proclaimers of ‘other’ reasons have, they are driving constituents straight into the arms of Nigel Farage, Marine Le Pen and Matteo Salvini. Nigel enabled Marine (to a small extent), the fear of Brexit pushes Marine to a large extent and all those elements are now making Matteo Salvini a threat to the Italian way of life. The question whether that is for good or bad is too early to tell, but the impact will be massive in all three nations. So whatever comes next will be speculative to a larger extent which is, until June 25^th, as that date could be the start of a massive upheaval all over Europe, which could hit as far as Japan and the United States of America.

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February 2, 2016 · 20:02

Just an idea I had

The Guardian posted an interesting article that I noticed today (the benefits of reading the Guardian online). The article named ‘Yes we should teach our kids about money, but how exactly escapes me‘, is a very nice piece. It is actually something that the Greek government should take a look at. Zoe Williams gives us the subtitle ‘Pocket money, savings, ponies, Muppets and nails – it’s a minefield, especially when your audience is clueless‘, and here I personally disagree. You see, I think that the question has been given to the wrong people (at http://www.theguardian.com/money/2016/jan/12/teach-kids-about-money-pockey-money-savings).

So, any app developers take notice, because this article could make you a millionaire!

The quote “miniature bank accounts are brilliant, but not necessarily educational. I use Osper, which is an account for eight-pluses that comes with a card they can use in a cash machine or on the internet” gives us a first insight into the dangers here. Which Zoe shows with the quote that follows “So far, Osper has taught the big ’un that money, with automating top-ups and nobody ever spending it, accumulates as effortlessly as wet leaves in a drain. It also taught him that getting money out of a cashpoint with his own pin is mind-bendingly exciting“.

The one that got the train (the one in my mind) rolling was the quote “most parents just want children to learn the value of money so that they’re not constantly asking for a pony or a Lear jet“, that is where my train went into a station named ‘creative mode’.

You see, I reckon you looked in the wrong direction. I looked at it from another angle. I saw it as a puzzle, a challenge. What is more challenging than a game? You see, kids (adults too), love playing games, more important, they love WINNING games. This is where we see the first test of getting a solution.

What if there is a game that is based on the economy. I am not talking about monopoly. I am talking in the direction of a new version and an online version of ‘Jones in the fast lane‘. The original was decently brilliant, it was made for PC in 1990 and in that game you had to achieve certain amounts of money, happiness, status, and education. In that game there was still the flaw that you could only proceed when you got money, but what if credit cards, debts and events were added? What if debt became an added visible factor?

The player in young and old, would consider the options lost when money was spent. The player would feel the pinch for the credit card. Not as actual debt, but what if debt was shown as decreased time? If debt makes you lost 3 hours a day, what was left? When you get overly in debt and you see that your time is forgone to work, so you get no happiness and no education, how can you win? You would restart making better selection and increasing the choices that show the danger of debt, the danger of no money.

The game Sierra Entertainment created was already well above standard, but it lived by the standards of the 80’s. Now we see that other elements are a part of daily life, which now gives us that this game, if redone, could be an educational tool that could sell on tablets, PC’s and mobile phones with the greatest of ease for a mere $2-$3. I feel certain that it would go to the hearts of parents by the millions! So whomever creates that educational side in a game (not those RPG life click games), but a decent board game will grow a fan base and game solutions tend to go viral on the internet .

So why did I say ‘not those RPG life click games‘? You see, too many games are about looking cool, looking quick and snappy. Interactive it sounds nice, but the board game that JITFL was had a little more, not enough for today’s elements, but it is a massive step in the right direction. Still, a few additional elements should be considered, yet in that light, I feel that the future ‘millionaire-to-be’ should solve a few puzzles so that they can boast that it was THEIR solution, that is fair, is it not?

So, why is my idea so good? Well, I am not sure that it is, but consider the ‘educational’ solutions out there. Instead of trivialising the smaller parts, why not re-focus on the parts that many do not want people to realise. You see time is money, which means that money is time, so what happens when you suddenly need to do it all with 14.6% less time? It sounds so little, yet over 40 hours, it comes to well over half a day. Even on a daily basis it is 3.5 hours less. So, where to get it from? Your working day? Less money, more debts. A second job, or even a third job? This implies a life without free time. You see, through that path, the original Jones in the fast lane shows to be excellent in its origin and could be near perfect with today’s modern complexities. Especially when the prices for rent and education get adjusted. Internet, mobiles, consoles and laptops, all with a partial benefit and all at a cost. When the younger player starts seeing it as a puzzle, they will see that money is part of a solution and a debt is a long term burden.

the lessons that several players want to trivialise, which gets the young saver an insight that banks claim to be instilling on them, yet at Up to 2.85% p.a. they seem to see the benefit of a little gets a little (especially when debts are 15%+), but in that same light, the consequence of the costs of cards are usually not seen in the beginning. So as they reach the age where they have a job and an income there’s an unbalance, a lack of balance on the impact that debts and overspending has. This is the side that is equally ignored. We cannot blame banks here and parents are usually not equipped to let them feel the impact of it. A game is different, to show them the impact that costs have, they understand that no balance means no spending, but until confronted with debt, the impact of interest is usually not comprehended. A game could be elemental in getting the young savers to feel that impact, in a lack of balance in the game and a sliding lack of time.

It is just an idea, it might not be the best idea, but it is not the response Zoe Williams gave us with ‘how exactly escapes me’, there is no fault here, we all often lack that spark and my spark could go nowhere, but the issue remains, the spark Zoe Williams tried to instil on her readers, how can we teach and give insight to the next generation, because in that regard the latest generation got the short end of a stick that came with no explanation, which is what the next generation needs to be protected from, or we will never be able to tackle our burdening economic problems.

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Tagged as Jones in the fast lane, Sierra Entertainment, the Guardian, Zoe Williams

January 31, 2016 · 16:59

Not allowed to refuse

Yesterday the Guardian showed us a side that has avoided visibility to some extent. Part of the title is ‘recognise Palestinian state if new peace effort fails‘, the missing part is ‘France says it will‘ (at http://www.theguardian.com/world/2016/jan/30/france-recognise-palestinian-state-if-peace-effort-fails-ultimatum). So what is going on? You see, the Guardian gives us many of the goods, but not all of them, which will lead to speculations (even, or is that especially by me?).

Let’s look at the parts the Guardian does give us, which is “France has issued an ultimatum to Israel, saying it will recognise a Palestinian state if a renewed push for a two-state solution fails“, it is not an unseen strategy that the larger player (sometimes called ‘the bully’) will resort to the ‘do this or else approach’, which we are used to see through American politicians, not to mention those large American corporation. So when France resorts to such a tactic we might be taken aback a little. You see, when we hear the growl from a Staffordshire terrier we look nervous and wonder what happens next, but do we have that same feeling when a Poodle growls at us? I would say no, but there we have part of the conceptual problem, because France is no Poodle, the time of Brigit Bardot with Poodles looking young, sexy and helpless was an illusion that was never the real France to begin with. If we look at the economic power of France, we should regard France to be nothing less than a Dogue de Bordeaux, it seems large and silent, but it is powerful and deadly to its opponents. To give an indication of size: Banque Martin Maurel, Société Générale, Natixis and Crédit Agricole. These are just four financial institutions, but they have the cloud to underwrite the total American public debt of 18 trillion. So you better believe that France has massive cloud here, even as America no longer has it.

Perhaps just like France gave the US Lady Liberty, perhaps the US should give France a statue honouring Monsieur Souscripteur? I am digressing!

You see, the quote “The Palestinians have welcomed France’s renewed efforts to negotiate a two-state solution at talks that are expected to include leaders from the US, Europe and Arab nations“. That quote sounds nice, but it is not in the heart of the matter, for the longest of times Palestine has done nothing to contribute to any peace solution. Part of the information that is missing is shown in the Jerusalem Post. At http://www.jpost.com/Arab-Israeli-Conflict/Analysis-Is-Abbas-losing-control-443117 we see: “Abbas has been facing increasing criticism in the past weeks from senior Fatah officials in both the West Bank and Gaza Strip. It seems that they have tired of his autocratic-style rule. Some of them, including Jibril Rajoub and Tawfik Tirawi, have even come out in public against the PA president, demanding that he share power enough at least to appoint a deputy president“. What would be a better solution for what is ‘regarded’ as Palestine authority to push other players in trying to push Israel in budging. America (at present) is no longer seriously considered a player in the Middle East.

Reasoning here is that it cannot deal with Russian events and in addition, there is a ‘minor’ in our midst called Turkey who is making new claims regarding ‘air violations’ on Turkish airspace, hoping someone holds their hands (just me guessing).

‘My airspace has been invaded!’

Getting back to the Post, we see “Fatah seems to be in even worse shape in the Gaza Strip. Fatah leaders and activists there have accused Abbas of ‘marginalizing’ the faction, and are making unmistakable break-away noises“, which is all about politics, but the fact that Abbas and Hamas are at odds is not a good development, in addition, Hamas ‘pledged’ on January 7^th that they were considering resuming suicide attacks against Israel, so whatever acts France has on its mind, it plays towards Hamas, not the Palestinian people and in addition the continued ISIS action in Gaza are fuel for even more concerns, so ‘recognising’ any part of Palestine is a really bad idea. Let’s not forget that they are at the core of a mess that many parties wanted to solve (or at least seriously try to solve for over 2 decades). Now we get to the good stuff! The quote “Fatah leaders in Gaza are furious with Abbas. They have a substantial list of grievances. First, Abbas has not paid the salaries of thousands of their members there, including policemen and security officers who have been sitting at home since Hamas seized control over the Strip in 2007“, so now we see what Abbas needs, he needs money, stability and a large player at his back and that player better brings money and loads of it. Something America cannot achieve. So now we see the links that France is ‘opted for’ to bring to the table. The Jerusalem Post brings even more issues, which are linked but less direct when regarding the French Connection Abbas seems to hope for (apparently through Laurent Fabius), I could go on that it is a socialist situation, but that seems slightly too petty, because believe it or not he is a good and intelligent politician who was in 1984 the youngest Prime minister of the fifth Republic of France to be elected. In addition, I personally believe that a man like that is about French Interests (the price for being born in the Arrondissement de Passy).

Yet, I feel certain that I am not the only one who sees this for what it is, it is an economic play, yet to what extent? That will remain pure speculation. You see, the quote gave us “talks that are expected to include leaders from the US, Europe and Arab nations“, it is the part ‘Arab nations’. I feel certain that whatever deal is struck that can be ‘presented’ as ‘short changing’ Israel, whomever pulls that off will get loads of leeway in the Middle east. As America dropped the ball more than once, France seems to be going into ‘Mastiff’ mode and is taking the game to a new level. There is additional consideration that this play would take loads of Muslim pressures away from France, which is a tactical consideration. Whether that part is at all in play is not certain, as stated, I am also speculating here. The steps make sense, but the facts are not out in the open. The BBC has hinted in the past months in that direction, but they have not given any specifics in the last two weeks. The Washington Post did confirm in more than one article that Palestinians consider the reign of Abbas an utter failure, which gives us the second side. How can any state be recognised that has been unable to keep its own ducks in a row, it has no real economy to mention and the last numbers that have any reliability have been a decade old. One source (http://www.tradingeconomics.com/palestine/gdp) gives us 6.9 billion in 2013, yet I personally believe that these numbers are inflated. My reasoning? Well, when we consider that they have the following ‘ranks’, Palestine Corruption Index at 26.00 Points, Palestine Food Inflation at 3.72%, and Palestine Unemployment Rate at 27.40%. When we consider (http://www.tradingeconomics.com/palestine/gdp-growth-annual), we see GDP growth, in 2014 per quarter set at 7.1%, 3.9%, -10.1% and -1.1%, that is in my view adjusted overly positive speculation. As per July 2015 it is suddenly set at +9.6% for Q3 2015. Is no one catching on here? The numbers do not add up, it is (as I personally see it) an interaction of overly positively weighted expectations with a massive downdraft when inspected, in addition, with 25% corruption and 27% unemployment GDP can never rise to that extent. The Doghmush clan (now known as Jaysh al-Islām) might be the only growing GDP player. Perhaps the PNA could report whether their economy comes (partially at least) from Jaysh al-Islām?

As I stated, speculation, but if Palestine has no economic footprint, how can any headway be made if the numbers don’t add up? I accept that any nation will forever be more than its economy, yet when we see that too many questions exist on BOTH the political and economic field, how can any agreement be kept or be pushed in any direction? A peace process requires both sides to keep to any agreement and there is too much evidence that any agreement will not be honoured by the next player and Mahmoud Abbas is already on the way out, making the efforts of France a mere waste of time to say the least.

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Tagged as Arrondissement de Passy, Banque Martin Maurel, BBC, Crédit Agricole, Doghmush clan, Dogue de Bordeaux, France, Hamas, ISIS, Israel, Jaysh al-Islām, Jerusalem Post, Jibril Rajoub, Laurent Fabius, Mahmoud Abbas, Natixis, Palestine, Russia, Société Générale, Tawfik Tirawi, the Guardian, Turkey, Washington Post

January 28, 2016 · 20:41

Bitches of Technology

There are multiple issues in play, first there is the continuation of the previous part, which I will address here. The second is the article the Guardian published (at http://www.theguardian.com/world/2016/jan/25/uk-should-be-punished-if-it-leaves-european-union-to-deter-other-exits) titled ‘UK should be punished if it leaves EU to deter other exits, say former ministers‘.

My first response in regards to this would be “are you bitches out of your mind?” which sounds highly emotional and it is. You see, Brexit (and the possible upcoming Frexit) is a direct result of the people in charge of REFUSING to take action when they could, in addition, they decided to hide behind ‘Status Quo’ when they should have acted. In final addition, several acts of change have been pushed forward again for the good of big business, which makes me question their intent.

To illustrate this with evidence (which is always important), in my article ‘Dress rehearsal (part 1)‘ (at https://lawlordtobe.com/2015/07/01/dress-rehearsal-part-1/), which I published on July 1^st 2015, I included the PDF at the end of the blog too ‘Withdrawal and expulsion from the EU and EMU some reflections‘. On page 33 we get “it is likely that some Member States would object to the introduction of a right of expulsion in the treaties, coupled with an amendment of Article 48 TEU to make that possible, since this would expose them to the risk of being forced out at some future date. Moreover, apart from it being politically almost inconceivable, forcing a Member State out of the EU or EMU would inevitably give rise to tremendous legal complexities. This, perhaps, explains why expulsion has not been, and may never be, provided for in the treaties“, as the members in charge of that piece of paper were already too deep in the mess on non-accountability, they actually set themselves up for a long fall, one the Greece instigated and even now, reflecting back on all the warnings I gave from 2013 onwards, none would have been considered. Now again in this paper we get on page 11 the text “The silence of Community primary law on the existence or otherwise of a legal right of withdrawal was, in any event, inconclusive, lending itself to two fundamentally opposed interpretations. One is that a right of unilateral withdrawal existed even in the absence of any explicit reference to it in the treaties, since sovereign States were, in any case, free to exercise their sovereign right to withdraw from their international commitments“, the text refers to P. Doehring and P. Hill where there seemed to be the case of favouring the theory that it reflects the hope of the drafters of dissuading Member States from withdrawing. That was nice in those days, but the interested parties of today have had enough of the utter irresponsible acts of other so called world leaders. In addition there is the expression ‘Sovereign power’, coming from ‘Sovereign States’ which has been defined as ‘power not subject to limitation by higher or coordinate power held over some territory’ this comes from N. MacCormick’s ‘Questioning Sovereignty‘.

So even after we saw the useless and toothless statements from some in the past regarding “throwing Greece out of the Euro and the EEC“, we see an even more toothless statement from several former ministers at this junction regarding the punishment for those leaving the Euro/EEC. It is given additional voice in the quote “We should not encourage other populist forces campaigning on exit such as National Front in France or Podemos in Spain. This is a very important consideration. This is in the interests of Europe that we do not encourage other EU countries to leave. The common interest of remaining members is to deter other exits. This should have an impact on the terms Britain gets”, words spoken by the former Polish deputy prime minister Leszek Balcerowicz. He is probably realising that his goose is cooked soon after Brexit and Frexit. Even though he looks ‘good’ on paper, 53% debt of GDP still comes to 236 billion dollars, in a nation with 38 million people. They are all panicking now, because the British referendum is not going good (read: the way they want it to go). If only someone had the balls to strongly intervene with Greece, and in better terms clean up legislation a long time ago, this mess would have been speculative at best. Now we see the texts that the writers want us to focus on, but in all this, in that same air, we see the ignored facts. Facts, that (as I see them), Patrick Wintour Diplomatic editor is not eager to inform his readers on.

The little part in all this is something that was mentioned twice, including the photo caption. You see, this is an exercise to debunk issues by the Open Europe Think-tank. You might notice some ‘fluffy’ facts, yet the truth is, is that these people are speaking whilst at their backs (read: they are the political shield) for players like Jardine Matheson Holdings (61 billion plus) and British Petroleum (358 billion plus), with a lot more then these two, we see that Open Europe is a shield for the bigger players, all behind a fluffy website (at http://openeurope.org.uk/). These groups are very dependent on keeping the EEC as is, the Status Quo to be, but the people all over Europe have had enough of this non-accountability from both politicians and large corporations. That is exactly why Le Pen and Farage are a worry to them. Even now we see (at http://www.theguardian.com/politics/2016/jan/25/northern-ireland-irish-republic-eu-referendum-enda-kenny) the first mentions that a referendum is not needed until the end of 2017. That stalling is exactly what Farage is hoping for, showing more vigour in this fight! We see that Reuters is giving us “To loud applause, Nigel Farage, the leader of the UK Independence Party, told a Grassroots Out campaign event that Europe’s policy of taking in migrants with few checks had endangered the lives of those living in the 28-member bloc“, with an additional “Farage was joined on the stage by Britain’s former defence secretary Liam Fox from Cameron’s ruling Conservative party who is also campaigning for an exit“, which is now a growing issue.

Now I need to get back to the previous article, even though this time it is not about the man or the victim, this is about data and data systems. you see, certain amendments were to be made in Serious Crime Bill (at the http://www.wired.co.uk/news/archive/2014-06/06/cybercrime-bill-life-sentence), Wired informed us regarding “there is no existing offence of owning manuals that offer advice on how to groom or abuse children sexually“, which might not help Breck Bednar and family any regarding the circumstances. In addition, the Serious Crime Act would in this case apply AFTER the damage is done, so no matter how many improvements, Breck Bednar ends up remaining terminally dead no matter what.

When we look at the Serious Crime Act of 2015, we see at section 3 we see ‘Unauthorised acts causing, or creating risk of, serious damage‘, but this is AFTER the fact and even then, many of the facilitating acts will remain unanswered. In my previous blog I got some comments on ‘the Nigerian prince‘ issue. They were fair enough, but in some of these parts we have two issues. We can go with the part that Breck Bednar got himself killed by not listening to his mother. Which to some extent makes sense, yet in the same light, we see that levels of facilitation remain unanswered in many ways.

Consider the following

The administrator of a server service gets to intentionally misrepresent himself or herself. We have two issues, one, is that we already have issues of misrepresentation. The issue given is “He claimed to be a 17-year-old computer engineer running a multimillion pound company“, the fact that this misrepresentation comes with “he was invited into an online gaming group – a ‘virtual clubhouse’“, in the foundation there is no initial cause of imminent danger, but the danger could have been avoided in a few ways.
What if such servers need to be openly registered and linked to a registered corporation or firm, which now gives us the issue that Lewis Daynes would have been better known, moreover, the police would have seen more red flags possibly intervening before Breck Bednar entered a state of being permanently dead. I will go one step further, what if, not unlike ‘Raising the bar’ in IP law (2013), we see, contemplate and try to adjust the validity and the accountability of the facilitator. Now we get that change!

You see, Lewis Daynes would have to answer several questions, logs would have been available for the police to investigate. That is the one step too many sides do not want to consider, because accountability in too many cases seem to deflate maximised profits, yet in all this, is that a valid train of thought for any government to consider?

Consider that on February 17, 2014 Breck Bednar ended up dead, those facts had been in court for a while (he was convicted in January 2015), yet knowing that this issue was already playing we see (at https://www.nspcc.org.uk/fighting-for-childhood/news-opinion/flaw-law-online-grooming-legislation/). The headline ‘PM announces new online grooming offence‘ sounds nice, and there is forward movement, yet there is a massive gap in the prevention of grooming, which is not even correct in this case, when we consider the law. Most laws would have been able to use the path of facilitator, most social media will still be able to hold onto the defence of ‘innocent disseminator‘, yet, the action of Lewis Daynes do not allow for that. His continued interactions stop him from that path giving us an option to grant an additional level of protection to future victims, whilst not hindering business and profit as a whole, because the bulk of all social media is founded on interactions by users and facilitation by the system. Even in the most precise case of scripting, it is not towards ONE individual, it would be towards a spearheaded group of thousands. Breck Bednar would have been in an automated introduction amongst thousands and in this case there is safety in numbers, because the actions of Lewis Daynes would have raised many more flags, enough from barring him from a system he did not control and in his own system he is not the facilitator. It is the lack of many organisations (governments, corporations and legal parties) to dig into the option of setting safety parameters regarding ‘facilitation’.

As seen, there needs to be an additional circle of protection, which addresses the dangers of the ability for grooming. This is a hard issue to address and in light of any Brexit it could become a lot harder, if any law has to be addressed, than in light of all the changes the next 10 years will bring, a massive change to digital devices, for example, the new Huawei P9 will come (read: is rumoured to come) with 4GB RAM, 64GB ROM, 8MP front camera and 16MP back camera, and installed Android 6.0. It comes with a 64-bit processor that outperforms plenty of laptops.

Now we get back to part one, because the two are linked in cyberspace.

You see, the chance of Brexit which was 39% in November 2015 is now surpassing 48%, this means that there are a few issues coming forward, apart from the growing danger that UKIP seems to be. You see, this is not just a Nigel Farage thing. There is a rather massive jurisprudential lag in prosecuting economic crimes, especially economic cyber-crimes.

Some of the information can be found (at http://www.actionfraud.police.uk/news/british-crime-survey-reveals-extent-of-fraud-and-cyber-crime-in-sngland-and-wales-oct15). The article ‘British Crime Survey reveals extent of fraud and cyber crime in England and Wales‘ gives us “the cost of fraud to the UK economy estimated at £30 billion more needs to be done and more resources are needed to assist law enforcement to help victims of crime and prevent further victimisation“, which sounds nice in theory, but the foundation needed is stronger legislation. Yet in all this, there is an issue with the article. The quote “This is new crime in our society and it brings new challenges for policing in prosecuting offenders and protecting victims. Notwithstanding the cuts to police budgets we must find ways of responding to the needs of victims of fraud. Alongside this policing response the UK needs to begin a prevention revolution to educate the public on how to stop hackers and fraudsters from taking our money“, which focusses on the money, just on the money, in all this there are other venues where there is an issue (perhaps the name Breck Bednar sounds familiar).

The issue is to deal with the facilitators without strangling true entrepreneurial options, which is what has been lacking both within the Commonwealth and outside of it. You see, the danger to the many sides of life through technology, including the children is growing on a near exponential level. First of all, the main issue is IPv6, it was essential to conceive this new technology for the mere reason that its predecessor has actually run out of options. With a mobile growth that seems to double on an annual base, the new phones won’t just have IPv6 (as the mobile industry started to adopt it since around 2009), the growth of IPv6 has doubled in the last 12 months. At http://betanews.com/2016/01/05/ipv6-adoption-nearly-doubles-in-a-year/ we see that usage went from just below 6% to well over 10%, falling just short of 84%, here I mean that over 10% of all traffic to websites is now IPv6. For the most, this cannot be clearly monitored, which means that with the next mobile iteration, we will see a growth unlike we have seen before. You see, Statista (at http://www.statista.com/statistics/263441/global-smartphone-shipments-forecast/) forecasts a sale of 1.4 billion phones in 2016. This would include the upcoming Huawei P9, the Apple iPhone 7, Google Nexus 6, HTC One M10, the Samsung Galaxy S7 and a few more. These phones will ship with up to 4GB RAM (in two cases 6GB is rumoured), several of them with 64GB internal storage.

This is a nightmare to the intelligence community, as well as the CPS and the DPP, yet I feel that for parents the worry should be bigger, a lot bigger. As social media gets more and more derived solutions, niche groups will be a consequence, which means that children like Breck Bednar could end up being an even larger target, because there is too much evidence at present that monitoring those groups will become technologically near impossible. IPv6 Now (at http://www.ipv6now.com.au/primers/IPv6SecurityIssues.php) shows us a few issues. The first quote is “With 18 billion billion addresses in a /64 subnet, sequential scanning is pointless. It would take 500,000 years to scan a single /64 at a million probes per second“, I will immediately admit that I left a little part out of it, so there are options, yet let’s see my reasoning.

That part is seen in the quote “In IPv4, multiple addresses are always possible, but rare. But in IPv6 they are very common, arising from SLAAC, temporary DHCPv6, link-local addresses, multiple prefixes, overlapping lifetimes, as well as IPv4 addresses. Admins must be aware of all possible interface addresses and the capacity of network devices to create their own addresses“, this implies that the admin is all on the up and up, but when we consider those with other agenda’s like Lewis Daynes and we see apps appearing that allow for a peer-2-peer approach, a system that piggybacks messages. At some point someone will miss out on checking, especially when they are distributed in other ways. Financial opportunists, organised crimes, schoolkids and monsters in the making a system that cannot be monitored in any way because governments ended up being too lax in a world where those in power requiring ‘space’ and not realising who else they were enabling, or perhaps they did know but did not care.

Now we are beyond running out of time, because of the Statista is even close to correct, the world could have an IPv6 based mobile server park (as well as a data cloud) that ends up being unmonitored. Now, I am not evangelising not allowing for these iterations, yet the need to adjust legislation that additional options exist to hold certain groups to account becomes an increasing essential need.

There is one final side that IPv6 Now gives us. The quote is part of auto configuration (which is too often way more dodgy than I care for) gives us “DHCPv6 (Dynamic Host Configuration Protocol) allows a server to supply addresses to hosts. DHCP in IPv4 needed external support, but in IPv6 it requires nothing but a working router for the connected host to be immediately reachable“, if we consider that any mobile phone is a router, how reachable will this modern host be and more important, what data could be gotten access to, especially in an unmonitored way?

At this point, we seem to become nothing less than the bitches of technology. I could state that there is a group that will try to align certain paths, but it is already too late for that. People, their lives and whatever they own is streamed on a near 24:7 foundation and in all this there remains a technological lack in the places that cannot afford not to have it. When we see the news on the ‘evolving’ systems fighting fraud and other creative (and sometimes graphical) activities, we see that the gap of our safety and our allowance for accepted acts is widening to the extent that everyone is an evolving target without any clear means of staying safe. There is support for that statement. It comes from the Czech Ministry of Education (at http://services.geant.net/cbp/Knowledge_Base/Network_Monitoring/Documents/gn3-na3-t4-cbpd132.pdf), now we will accept that this is a 2011 document, yet, this does not diminish the quote “IPv6 configured hosts on an IPv4 network can bypass defined security policy or hide their identity using temporary IPv6 addresses“, consider that in conjunction that many users (young and old) tend to use free Wi-Fi locations whenever possible, making monitoring an even lesser option. Now consider those places and the traffic that they could (unintentionally) offer through ‘temporary IPv6 addresses‘, so what safety is there?

Clearly we have become the bitch of technology and the law is falling behind more and more. The EEC has done too little and Brexit could go either way in protecting the people, but the danger here must be acknowledged, if ‘protection’ becomes too draconian it would not become protective and only drive away commerce, a mere lose-lose situation for everyone involved.

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Tagged as Apple iPhone 7, BBC, betanews.com, Breck Bednar, Brexit, British Petroleum, Conservative party, Conservatives, Czech Ministry of Education, David Cameron, France, Frexit, Google Nexus 6, HTC One M10, Huawei P9, IPv6 Now, Jardine Matheson Holdings, Leszek Balcerowicz, Lewis Daynes, Liam Fox, MacCormick, Marine Le Pen, National Front, Nigel Farage, P. Doehring, P. Hill, Pablo Iglesias, Patrick Wintour, Podemos, Poland, Samsung Galaxy S7, Spain, Statista, the Guardian, UKIP, Wired

January 19, 2016 · 21:54

Calling a centre

It seems that BT is one of the first one making a step back, a step towards the old times. They are moving away from those bulk cheap Indian call centres. I wonder if they are just the first. The title ‘BT hires 1,000 UK staff after complaints over Indian call centres‘ is not wrong, but I feel it is misleading. The article (at http://www.theguardian.com/business/2016/jan/18/bt-hires-1000-uk-staff-after-complaints-indian-call-centres),

I have had my share of experience with Indian call centres. The quote “The recruitment drive follows reports from customers that they preferred speaking to people in UK call centres rather than Indian staff based in Bangalore and Delhi. BT said the new jobs would be “frontline roles” in customer care“. You see, there are many places where the solution might to some degree work, yet the UK is different in many ways. They excel in dialects and expressions, so when an Indian call centre has an employee that would speak ‘English’, the idea that all versions of English are the same, they will come back from a cold turkey dinner with an added icy cold shower.

The fact that 80% of the call must be repeated because the friendly voice on the other side did not understand it is at the core of what is wrong, and it is one of two massive issues. In all fairness, none are actually the fault of the friendly voice on the phone, they are the core of the issue the flaw of the boss of his/her boss, likely even one level higher. Talking to someone in England in BBC English works perfect for the person on the non-Indian side of the phone conversation, the person responding is for the most ignorant of the BBC English condition and before the Indian call centre operator realises it.

So when the call starts and that person hears “I needed a bullseye before going off to Bedfordshire, now the fast sausage and mash machine has gone bollocks and ate me card!”

How long until the call centre operator gets a clue that the man is trying to get $50 from the ATM and it swallowed his bank card? It could take 10 minutes just to get that sentence translated. I know it is an exaggeration, but consider how inaudible some dialects are especially from people in places like Hounslow or Cardiff. Now most UK people have a small problem comprehending people from there, so how will someone in India have a clue? These examples are a little out there, yet considering the vast wealth of expressions and dialects, the issue remains and for BT and some banks, the Indian call centres are not a solution, they never were and I personally talked to people in the late 90’s where that prediction was clearly given, yet it was all about cutting costs and getting a solution where people could live with a degradation from 100% service to 80% service, not just in the UK, this issue is nearly global.

The second issue is even more of a problem, again, the kind Indian voice should not be blamed, for the simple reason that this was all management. To get a certain path, people were ‘taught’ scripts and clear paths of choices. Almost like the automated system when you call places like Telstra, Optus, Vodafone (and Vodafail too) and many others. The system that takes you from choice to choice, a path with 1-5 choices, the call centre person got a similar path, and for 70% it works, for 70% of the issues, that they are receiving a call for, that gets resolved. Yet the other 30% are out of luck. The system is unrelenting and the call centre was not allowed to deviate. Having have worked as a Technical Account Manager in the service field, I saw and have been through many iterations where the customer has that 1% flaw, a dozen a day, data fields can be a relentless one and as more systems interact, more flaws creep into the connectivity. Now add the language to the procedural part and yes, now 1 in 3 would have an issue and the call centre would see new escalations on how one would infect another and soon the system was unworkable, the call centre person never had a clue on how things went from bad to worse and the worst part is that this is not some average count, in this system, the issues stack, so we get issue on issue with an ever increasing population who go from ‘tolerating’ to ‘extremely oppositional’.

A flawed system that came into play from the need of cost suppression. A sales driven industry that would never properly value the power of quality service, interesting is that it took this long to realise it. or is the issue not really costs, but the need for having home shaped jobs, more and more are needed in a current economy where local jobs are essentially more important.

In all this, we now need to consider the following: “But while BT performed badly overall, data on how quickly telecoms firms resolved complaints undermine reports that customers find it hard to communicate with Indian call centre staff“. Here we see two parts, the first one is ‘how quickly telecoms firms resolved complaints‘, there was not a technology part, for the most the issue was communication, clear communication both ways, when you consider that the UK population side does not speak BBC English (apart from perhaps those in the BBC building, and those in that large London donut), so as far as I can tell, most issues could be easily resolved though ‘proper’ English and the actual issue when identified would be resolved almost immediately. The part ‘hard to communicate with Indian call centre staff‘ gives the other part from the resolution, but overall there is another question, how do the numbers hold up when every case from beginning to end is checked on timeframes and quality? The given statement might not hold up, for the simple reason that the operational system is still an issue that path will not be the greatest issue when it is all in the UK, but overall there is an operational side that is not addressed. What operational call centre solutions will become part of the BT frame? Because the data that follows will need to be monitored and even as places are ‘preparing’ for the new solution, the question that follows is ‘are the right metrics being considered?‘ When we take that into consideration, we would need to see who will be looking at those metrics. A sales person will look at different metrics than a solution, service or consultancy manager, even though the consultancy manager is about sales, it will be about the satisfaction of the sold solution, so there will be a much stronger overlap.

The question now becomes, what will be the next hurdles for BT?

The infrastructure and the technology is one, the IT and the call centre system will require different solutions today than most solutions offered a decade ago, are those solutions up to speed to remain scalable, evolutionary and easily deployable? You see, the Indians who developed those solutions have created a decade of infrastructure expertise, that knowledge is partially lost to the UK solution industry.

the final quote to consider is “It said staff had recently agreed to more flexible working hours, to make sure calls could be answered from the UK at the weekend and in the evenings. “This demonstrates the commitment from everyone at BT to work together to improve customer service and to make things easy for our customers,” said Barr“, part of this has always existed, many places, including in the late 90’s required solutions to be working for a longer time. In that part there are two solutions, one is the variable times, which are at the current core of the solutions, in some cases (possibly not in the case of BT) is to have a time zone coverage, where large corporations have coverage in Europe, the US and Australia, creating a near perfect 24 hour coverage. When one call centre shuts down, the other one starts, or has been operating a few hours, meaning that any issue not dealt with in call centre one, the one to the east will pick up those issues as well as the ones they receive until they shot down, this moves forwards and in that solution a global service system comes to play, that level of service is now more and more required, because saving money was only an option where sales is king, in a system where sales is no longer staying up to speed, services needs to create a pillow for new sales and new steps to higher revenue.

That time is now returning, or perhaps better stated, the core of business needs to return to their home fields. In a state where mobiles rule, where Telco’s can be started from a living room with the mere need to have access to bandwidth to sell on, the home field advantage relies on service and interactive response, that step is now the place for the larger home players to get back their consumer base and from that step, reclaim the foundation of income to return to those large players. The sharks are returning and they are getting rid of the pilot fish that have been feeding themselves on too much food, the shark has been hungry for too long.

In that example, we all understand that in the healthy environment the shark will need, allow and even require the pilot fish. Yet as its food supply has been reduced to a mere fraction of what it was, the shark needs to evolve into being better and more efficient in devouring the food it gets, as there is less. So it sucks to be the pilot fish, but for too long every shark had not one but 5-10 pilot fish around its teeth, that part can no longer continue, whether those 5-10 were ‘validly’ there. In the end, cutting costs for those banks might have been a jump that is a lot more expensive than they bargained for, which will be at the centre of the numbers that the new call centre solutions would be trying to show in the pursuit of growing their grades, qualities and key result areas. So where is the flaw in my last statement?

You see, past the shark we get the issue that it was about cheap that was not, which is not completely correct, it is the change towards the new location that is the new cost, not the lack of old profits. We can argue that the not predicting that change is short sighted, but is that the flaw of the past, or our obsessive need to lay blame in the now?

It seems to me that BT is only the first in many, for those who have the quality and the knowledge, this will be an evolving field of need. Personally I see that this could be a potential job bringer to places like Scotland and Wales. When this evolves into a separate global call centre with a global coverage, those who have it will come to a decent growing field, a field of need where for the last few years there was none.

You see, there is another side in this, in the last few weeks there have been reports from places like Digital India we see titles like ‘Digital India will take off on the strength of call centres in small towns‘ (at http://indianexpress.com/article/business/business-others/digital-india-will-take-off-on-the-strength-of-call-centres-in-small-towns-ravi-shankar-prasad/) which makes perfect sense for their local market, a local market that has been evolving for some time now. Now consider the quote “There is enough data work available in the country (to be handled by these centres)”, which remains a fair call, yet the article is absent of international parts, which is a little odd, considering that this is about Ravi Shankar Prasad, Minister of Communications and Information Technology. Yet, in that same line of thinking we now get lines like ‘Serco on the road to recovery with £250m sale of Indian call centre business‘, Serco seems to be on a road, leaving that outsourcing solution to Blackstone.

The issue is a little hard to set, as Serco has had its fingers in so many pies, many failing to a larger extent, so that issue on Call centres is not easily settled here, but consider the dive they took by ridding themselves of it at this time and at the massive discount it was sold at, it starts to form a speculated pattern. You see, the fact that Indian call centres are all growing in their local market, and ‘speculated’ must remain the operative word here, because the needs of one Telco, does not give way to an early summer feeling in the employment market. For that we need to take one additional look to the BBC article (at http://www.bbc.com/news/magazine-31762595), called ‘The country training people to leave‘, the quote there is ““British companies love us because our English is not accented. The brightest graduates from our universities fight to get a job here. We only take the smartest kids. And after we’ve finished training them they even get your British sarcasm,” says Tubbs“, which is actually at the heart of the matter for one of the Indian issues, yet the part that is not addressed is that India had grown a strong infrastructure. That part was shown in the NY Times a year earlier, “The 2.2 million vehicles a day that grind away on Manila’s crumbling road system cost the country 876 billion pesos a year, or more than $20 billion, in lost productivity and wasted energy, according to a recent study by the Japan International Cooperation Agency. That is a serious drain on an economy of about $250 billion“, now add to that “Manila is plagued by power failures, chronic water shortages and an antiquated telecommunications system“, I am taking the airport out of that equation, which remains an issue too. The bottleneck was not addressing the growing options that required a massive overhaul, now it is too late, the power from Manilla in language was shown, making the move back to the UK an easy step. Consider the earlier BBC article, which gave “the government teaches thousands of people the skills they need to get jobs abroad“, we now have a rolling economy moving back to the UK, with additional options for workers who could be relocated to the UK should the call centres run dry on willing staff, even more optional is getting a hold of all that call centre staff, should the UK market not be providing enough early on, the UK has options to home grow a market they had lost, even more important is that this is a service filed Scottish workers could be trained in, giving additional solutions when the cost of corporate costs in the greater London area falls short, that is providing Birmingham does not pick up this opportunity.

As stated, it is speculated, but I see that BT has opened a door, a door that remains ajar for others to consider. Even if they are not in the UK, large US and Japanese corporations requires more and more the need for service solutions in the European timeline, the Indian solution was not the success they expected and the Manilla crises will continue at least 4-5 years, that is, if the infrastructure gets a massive overhaul as per immediate, if not, they lose the market too and Europe is hungry for real revenue, revenue that requires a service solution, one they had abstained form for too long.

Will this pan out correctly?

Even as the Philippine government is projecting a 15% growth from 2014 onwards, getting it from $11 billion, to $15 billion this year, the issue remains infrastructure, they have no real solution and the issues started to play in 2014, whilst no true overhaul had commenced, which means that it needs to address a near 32% growth and need in resources, whilst Manilla has no way to deal with it. This means that the summer drains will leave systems collapsing, something that we would start to see soon enough, it also means that those with Manilla support choices will need an alternative they did not bargain for. So the BT move is timely (in Philippine terms), if not essential to their path to repair.

Whatever comes next will be interesting to watch, because when that move does go forward, it becomes interesting to see how the larger corporations deal with their vested interest in places like Germany and France. In that regard, BT’s step (as stated by the Financial Times) comes with additional needs, as Sir Mike Rake saw the outsourcing as an ‘Achilles heel’, which might have been an understatement. In all that, Deutsche Telekom, who is connected in all this, might be seeing new trends to insourcing (pushing for could be a better word), as it also closes the door for the UK to leave the EEC as insourcing becomes more and more successful, which means many business players will be pushing for this success.

That part has additional reasons when we see that Sir Mike Rake, possibly UK’s largest Europhile in history gets to voice on how UK business at large does not want any form of Brexit, a move that can be given strength as call centres will grow in need within the EEC, which is just what the UK Conservatives hoped for, they just never expected to get saved by a call centre, which is amazingly hilarious in its own right.

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Tagged as Bangalore, BBC, BBC English, Brexit, British Telecom, BT, Call centre, Delhi, Deutsche Telekom, Digital India, EEC, France, GCHQ, Germany, Indian call centre, insourcing, London, Minister of Communications and Information Technology, Philippines, Ravi Shankar Prasad

January 18, 2016 · 19:43

The line of privacy

I have a decent grasp on privacy. I tend to give it to others as much as possible, moreover as I on average do not really care about their private lives. This sounds harsh, but consider the facts. When the person isn’t family, or directly connected to you, how much do you actually care? Some people do care to know everything, but that is another matter entirely. So when ZDNET and a few others published ‘61 agencies after warrantless access to Australian telecommunications metadata‘, I was initially in that mood of, ‘oh yea, whatever!’ You see, when I see names like ‘Australian Financial Security Authority’, I reckon financial planners will get jumpy, but is that about possible ‘dubious’ choices, or their need for privacy? You see, one implies the element of a transgression, as such it becomes debatable whether those actions are to be lauded with non-access.

With a player like Clean Energy Regulator we see an industrial access need, and I very much doubt whether they are interested in individuals. But what happens when we see that groups like Bankstown City Council, Racing Queensland, Office of the Racing Integrity Commissioner (VIC) and the National Measurement Institute, I start having questions (especially regarding levels of sanity).

Let’s consider the access: “warrantless access two years’ worth of customers’ call records, location information, IP addresses, billing information, and other data stored by Telco’s“.

Now, I will be the last one to questions access by ‘valid’ organisations and even looking that the ‘alphabetical’ list the locations of the redacted names does not seem to include ASIO and ASIS, who have a clear need for that access, but can anyone explain why Bankstown City Council needs that access? In that same line we can add both Racing Queensland and the Office of the Racing Integrity Commissioner (VIC). If there is an investigation, it should go via the police of the correct channels. I see zero, I say again, zero reason to give those three access. Before we know it, we see Waverly City Council and perhaps even Chatswood City Council. How long then until all that data becomes available ‘for a special price’?

There are a few others on that list that require scrutiny. Do you really think that industrial transgressors wanted by the Department of the Environment will use their own phones? How much wasted man-years will we face as those untrained individuals try to make sense of 23,644 burner phones, which is just Sydney. In all this it seems to me that those requiring access will after that have an issue with processing data, which means more software, more failed levels of security and even more data transgressions. This must be the heaven that Rupert Murdoch dreams of. Data all accessible behind a server guarded with the admin password ‘qwerty’ or perhaps even ‘password’.

Yes, there is a massive issue here and the magazines including ZDNET (at http://www.zdnet.com/article/61-agencies-after-warrantless-access-to-australian-telecommunications-metadata/) mention the names (minus the redacted ones), we see the additional quote “Of the agencies and departments given access to existing information or documents to enforce a criminal law over the 12-month period, and not included on either list released by AGD, or known to be an enforcement agency already“, we now see names like RSPCA Tasmania and The Hills Shire Council, when we look at one of the websites (http://www.rspcatas.org.au/ for example).

We see in the about section: “The RSPCA (The Royal Society for the Prevention of Cruelty to Animals) is the voice for the animals of Australia. We defend their dignity and fight to stop cruelty. We offer shelter, education, medical attention and love. We are animal protectors, carers and guardians. We bring solace to abandoned, surrendered and injured. We prosecute those who would harm them. And we fight for the humane treatment of all living things. Our job does not stop at animals. We believe behind every animal is a human being who is in need of guidance, encouragement and help“, which is a nice fluffy and caring text. Nothing wrong there. So explain to me, how a place like that has a decent level of cyber security, with in their office pool an IT person with CCSP certification or higher and a few other skills. You see, when these skills are absent your data will be up for grabs. Perhaps that is outsourced, meaning that additional people have access to all that data, have those places been properly vetted? So on an island of 515,000 we see this level of personal data access requirements? My initial follow up questions would than become, of all those funds required from the donations, how much ends up going to animals?

In the case of the Hills Shire Council we can have a lot more fun, their community profile (at http://profile.id.com.au/the-hills/population) gives us “The Census population of The Hills Shire in 2011 was 169,873, living in 57,205 dwellings“, why for the love of whatever is holy (or named Cthulhu) would THEY need that level of access to data?

In my view we should start asking a few questions regarding the mental health of whomever gave that level of access. I am guessing that this was Attorney General, George Brandis, which basically gets confirmed in the Guardian Article (at http://www.theguardian.com/world/2016/jan/18/dozens-of-agencies-want-warrantless-access-to-australians-metadata-again). As we see the quote “the government narrowed the definition of an “enforcement agency” that was eligible to access telecommunications data to a shortlist of law enforcement agencies, including the Australian federal police and state and territory police forces“, my initial thought was ‘that makes perfect sense’, yet in that light, how the flipping Divine Comedies did RSPCA Tasmania make that list?

The Guardian in light of all this ends with a comical quote “This method was taken to allow the Australian Border Force to gain access to telecommunications data without needing to gain approval from the Attorney General’s Department or the intelligence committee“, which is interesting as this implies that the Australian Border Force has less access than RSPCA Tasmania, which would make perfect sense if you are a golden retriever.

So apart of the access and the lack of insight here, has anyone considered how that data is to be read, analysed and processed? In addition, when we consider the access level of applications, the support and very likely (read: extremely likely) the levels of consultancy needed, what else is missing what will this cost the taxpayers in the end? I can tell you now that such solutions are not cheap, not easily implemented and did I mention the security needed for keeping that data safe? Even if this all goes through clouds and remote access, how long until a volunteer looking after cats will leave that password accidently out in the open, or even worse leave that system logged in and unattended?

As stated, I would never object to the actual law-enforcement agencies to get that access, but it seems to me that too large a group on that list is nowhere near that level and even (read: especially) when we consider groups like Greyhound Racing Victoria, why are they not going through police channels?

I see both articles and no one seems to be asking the questions that need to be asked. Questions that had to be asked extremely loud and very nearby after a mere 30 seconds of reading those articles. By the way, when reading the ZDNET article, it is the article that follows that is cause for even more questions.

One of the quotes is ‘the Many Layers and Tools of Digital Collaboration Today‘, which is nice when it is a mere graph of generic data. In that we might not care, but in the issue of ‘call records, location information, IP addresses, billing information, and other data stored by Telco’s‘, which includes all your personal data. Consider the following quotes “employees and departments are helping themselves to the tools they believe they really need. At the same time, companies are steadily dealing with what is now too many categories of communication and collaboration software to adequately manage and govern, much less individual apps” and “The issue itself is perhaps best demonstrated by the rapid rise of Slack, the current darling of team chat and wildly popular with its users. In many of my recent conversations with IT managers, I find that Slack is invading the workplace on many fronts, regardless whether it’s sanctioned or not” and finally “The top categories of apps today include VOIP, Web conferencing, e-mail, unified communications, IM/chat, file shares, file sync, CMS/DMS, intranets, discussion forums, enterprise social networks, relationship management platforms (including customer-facing CRM), and last but not least, online community“.

Now remember, the second article (on the same page) is not connected to the first, but consider the cloud and the explosive growth of so called ‘tool apps’ and the utter lack of in-depth security and access checking, how many back doors are organisations creating through such tools, with access to your data? Weirdly, I would never hold a bad thought for a volunteer organisations like the RSPCA, which is exactly why they should have never ever been given access to data like that. For the mere reason that cyber security cannot viably be maintained.

Whomever boasts on the security of places like Slack is in my view decently nuts. When we see interested players like Accel, Andreessen Horowitz, Index Ventures, KPCB, Spark, and Social+Capital, the first thing we will see fail is a pressure to release a new version and there will be the need of security patches (which is a reality), this also means that data would have been unprotected. The mere intense need for Common Cyber Sense is that boss who wants that new version, because the presentation looks cooler. Even when we ignore the issue of Slack, we still see an exponential growing app base, with access all over the place, which means danger to the data. Even when remotely accessed, even if that connection is secure, too many places get access to data they should not have access to.

When we hear people state that servers have access limitations and more of the mumbling, here is a simple word of caution, something I personally witnessed. There was a financial software program. It was a good and legitimate program. The small issue was that when the program accidently crashed, that person remained on the data server with rights of an administrator. It took them 2 weeks to figure out it was happening and another 3 weeks to repair their system. Consider something like that happening today and with the ‘upgrades’ Microsoft requires on a too regular a basis, can we even risk this level of access to the expanded group that has too limited a grasp (as I see it) on what constitutes Common Cyber Sense?

I wonder how long until we get a carefully phrased apology from certain high ranking IT elements, who will offer their resignation and walk away with a 7 figure handshake.

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Tagged as Accel, Andreessen Horowitz, Attorney General, Attorney-General George Brandis, Australian Border Force, Australian Financial Security Authority, Bankstown City Council, Cthulhu, George Brandis, Greyhound Racing Victoria, Index Ventures, KPCB, National Measurement Institute, Office of the Racing Integrity Commissioner (VIC), Racing Queensland, RSPCA Tasmania, Social+Capital, Spark, the Guardian, The Hills Shire Council, ZDNet

January 16, 2016 · 20:04

Twilight in your pants

This is not about medication, or even about flaccidness (other than the flaccidness of the economy or politicians for that matter). No this is about changes, about the need for governments to do a lot more than wake up, because that knock on your door is no one else but the grim reaper informing you that time is up, with the additional request to follow him into the next room.

Yes, this sounds like drama and entertainment, but it is not. At present, the changes that will hit us can impact our retirement funds, they will hit our lifestyle and it will most definitely hit the cost of our living. All elements of a situation I send warning about. So now we read ‘US stock markets take a major fall as Dow reaches lowest level since August‘, where (at http://www.theguardian.com/business/2016/jan/15/us-stock-markets-fall-dow-oil-prices-china), the quote “the Standard & Poor’s 500, the index of America’s biggest companies, falling 2.2%” might give view that there is not a large event going on, but that is alas not the case. The two quotes “the markets’ decline has put “a negativity across the economy, a negativity to every CEO looking at his or her stock price, a negativity about business”. He also warned that the oil price, which on Friday settled below $30 for the first time in 12 years, could fall as far as $25 a barrel or lower” as well as “We’ll probably have to test the markets lower, and I think when we test the markets lower it’s going to be a pretty good buying opportunity”. These two give view that waves are coming, but when we look at the reality of any market and any season, there will be indications that sometimes those markets are up and sometimes they are down. So why exactly is this a big issue?

Well, that part is seen in “The falling oil price and disappointing retail sales data released on Friday have pushed back expectations of when the Federal Reserve will next increase interest rates“, yet the question is, was this all about the oil, or is this about the hidden text, the mere mention ‘disappointing retail sales data‘, which in a long down economy should not be a real surprise. The text “retail sales declined in December to make 2015 the worst year for US shops since 2009“, as well as “retail sales dropped 0.1% compared to November” was set in two separate paragraphs as to confuse the reader with a half sentence, but consider that November preceding the shopping needs for Christmas was 0.1% higher, this gives a clear part of the problem, because consider all those temp workers, with economy that bad, how can they hold on to their jobs? Their bosses cannot be blamed here. This is about an economy that had been ‘spiced’ up in reports and then failed to deliver. Something that we all should have seen coming.

The second story confirming all this namely ‘Wall Street plunges after poor US manufacturing and retail sales‘ (at http://www.theguardian.com/business/blog/live/2016/jan/15/oil-prices-slide-back-towards-30-heading-for-10-weekly-loss-business-live), gives more information. Now I’ll add the quote “On Wall Street, the Dow shed more than 400 points, a drop of 2.3%, and the Nasdaq is nearly 120 points off, a 2.7% decline. The FTSE 100 index is down 2.1%, France’s CAC is off 2.8% and Germany’s Dax has lost nearly 3%” but I’ll ignore it for the moment, you see when we see “We now estimate that real consumption growth was a disappointing 1.5% to 2% annualized in the fourth quarter, with overall GDP growth at an even weaker 1%“, which comes from Steve Murphy, US economist at Capital Economics. So, Mr Murphy, which part of a weak economy, people out of jobs, people forced to work two jobs to get above the poverty level, what did you expect them to do? Ignore their hardship, whilst they realise that bills are due a mere week after Christmas? Neil Saunders from retail consultants Conlumino adds to that conundrum by adding “A relatively weak product line up in electricals failed to capture consumer interest, resulting in a sales decline of around 3.5% in December; and although sales picked up the latter end of the month, clothing also put in a lackluster performance thanks to warmer than average weather“, so he is stating (considering the group mentioned earlier, a group that impacts well over 15% of the US population, in addition, the group that is somewhere between 25% and 30% is just getting by. That gives us close to 50% of the population, do you actually think that these people are interested in an Electrical product line? Did you not consider that well over 50% of the US population is not interested in a new 3D TV, but will find whatever cheap option available, in addition, if the current TV is working, they will try to skip it for a year. Did you not consider that? As for the fashion part, the fact that it was also US’s wettest December on record is ignored, so those people did not pay for things like coats, boots and so on? Umbrella’s perhaps?

So even though it is not the coldest one, it might not have stopped a collection of ladies to buy something for the Christmas occasion, they would still have needed clothes, perhaps your consideration is off?

You see, these people project and make conjectures based on flawed data sets, in addition, as they make the call for needs that might be, they are ignoring the needs that actually are. A functioning economy being the first part of it. In all this the UK is not outside of the scope either. This we see in the third article called ‘Bank of England bans two former Co-op Bank chiefs from top City jobs‘, the article (at http://www.theguardian.com/business/2016/jan/15/bank-of-england-bans-co-op-bank-barry-tootell-keith-alderson-top-city-jobs). These three articles were not randomly chosen. Let me add the following quotes “Two former bankers at the Co-operative Bank have been banned by the Bank of England from holding senior positions in the City after being found to have posed an unacceptable threat to the company’s financial position“, we also get “The Bank is fining Barry Tootell, a former Co-op Bank chief executive, £173,802, and Keith Alderson, who ran the corporate and business banking division, £88,890“. Which might leave us with the thought that a fine was given, so what is the hustle?

That we get from “Banks that are not well governed have the potential to pose a threat to UK financial stability. The actions of Mr Tootell and Mr Alderson posed an unacceptable threat to the safety and soundness of the Co-op Bank, which is why we have decided a prohibition is appropriate in these cases”, which sounds awesome and in that, similar steps should have been taken against many others for amounts many times higher than those mentioned. Yet, what is still the issue?

Well part of it is seen here “It cites moves by him to change bad debt charges, which in one instance which had the effect of maintaining the bonus pool“, which is an issue to one end, yet the other part “The Co-op Bank has already taken steps under previous rules to withdraw £5m of bonuses from a number of employees and there is no prospect of clawing back any more bonuses“, you see these things happen and as such there will be consequences. The final quote “The Bank of England did not find Tootell or Alderson deliberately or recklessly breached the rules and did not make findings of dishonesty or lack of integrity in issuing the bans and fines”, gives us the issues to work with. So as stated, the quote “the potential to pose a threat to UK financial stability” is now at hand, because even as those two had senior positions, they still reported to others, they reported to a board of members at the very least. The two might have been fined £261K, but how much in bonuses have they acquired?

That issue can be seen in the first part as stated earlier “did not find Tootell or Alderson deliberately or recklessly breached the rules and did not make findings of dishonesty or lack of integrity“, so if that is not the case, why would there be an issue? If there was no deliberate or reckless, than why are they held to account? There were no guilty parties? So those two are either patsies, or they have the goods on multiple others and they are ‘let off’ with a possible bonus option down the line. In all this we see a few issues. The first, as I see it is that pushing two people out is merely a hollow gesture. Which also connects to the US, as given in “to pose a threat to UK financial stability“. You see if that is true and these small fish are indeed a danger, why are the big fish not acted against? Someone hired these two and mentored (and hopefully monitored) these two. The fact that they are merely ‘senior’ also implies that there are a few involved members that they reported to, are they not bigger threats?

The article ends with “the current management team continues to progress the turnaround, having raised additional capital, achieved considerable de-risking and improved brand metrics“, so how much of a risk does Co-Op remain to be. More important, why is a market research metric an issue here? You see ‘improved brand metrics’ sounds nice, but how much does it matter in the scheme of things? We all accept that brand metrics matter, yet in this light, is this truly about ‘branding’? Perhaps this is about the issue of ‘de-risking’ which also impacts branding, but de-risking is all about the bank not becoming the next ocean floater. So are we misinformed? Yes, we are, but embossing was never really illegal (it is the existence of marketing).

In this, the press has little blame, it is what they are told and as such, in this case, I am not having a go at the Press. What is partially the issue is that these articles are at the foundation of things that have been known, issues that are set or expected, but in all this, the governments and their over optimistic reporting has not led to serious questions and questioning by the press either, which is an issue and remains to be so. That part is now gaining visibility when we see that two senior executives are banned with the reasoning ‘a threat to UK financial stability‘, I am not stating that this is not the case, but the fact that two individuals can have this strong an impact is equal worry on how the banks high executives could have allowed for such risks to remain in place, moreover, the fact that this is done to these two, why are their bosses not mentioned or part of the conversation as to what is regarded to be ‘a threat to UK financial stability‘? That part is clearly missing.

This now reflects back to the US.

For this we need to take an academic step back in time (see the TARDIS on your right). On August 19^th 1988 Richard B. McKenzie wrote ‘The Twilight of Government Growth in a Competitive World Economy‘. Initially he focuses on “Technology is gradually eroding the monopoly power of government and is thereby reducing people’s incentive to control governments (or the people who run them). This is the case because the capital in capital-ism is becoming far more elusive and far more difficult to control–by governments“, so we see a view that in 1988 someone reported on the dangers on how technologies might enable big business, but will cause erosion within governments. Simply stated, most governments are confronted with the twilight in their pants, flaccid and to some even regarded as redundant. His paper is more about the impact on technology, but there are a few gems that have been ignored by spokespeople and reporters at large. The quote “Democratic governments are necessarily constrained by the rules of politics. For example, these rules require that a majority of the voting representatives approve fiscal and regulatory policies. Rules of democracy also force politicians to face periodic elections and to be held accountable, within limits, for what they do. If politicians raise taxes and expand business regulations, they have to consider the possibility of being turned out of office“, might be accepted as a mere fact, yet consider ‘voting representatives approve fiscal and regulatory policies‘ and ‘the possibility of being turned out of office‘. Now we get the issue that has been playing for almost a decade. By not approving fiscal and regulatory policies politicians could stretch their time in office. So, is my premise correctly, by stating that acting has consequences, does the inaction guarantees the opposite? Proving one is not a premise for proving the other, yet in all this, we see the elements of the economy that has been plaguing the people since 2005. Now consider the following: “In general, a growing number of policymakers see a need to make America ‘competitive’ again, mainly by releasing government constraints on capital and income“, here I am not in agreement. Actually I am, providing that accountability will be taken into account and as such accountability will become a massive part in the change we require. Here we see the link towards the UK, the banning sounds nice, but until what extent? How can some be ‘punished’ whilst we see stated that they never deliberately or recklessly breached the rules? Which might be a discussion for another day.

So where do I stand?

Is this the case that these events are mere flickers of the light? This remains an option, we are all fixated on the US and their 18 trillion debt, the UK has a trillion and small change in debt and both are realising that they have degraded their populations as upcoming slave labourers for whomever holds onto those debt slips. I admit that this sounds ludicrous, but is it that far-fetched? Consider the loans you have, ALL your loans, now consider the loans your government has, and now consider what happens when they default. Do you think that things remain the same? No, your loans will now suddenly be adjusted due to risk and you will end up with an additional 2%-10% (there is no way knowing of how much you will face). Now, some will state that default is an illusion and that the no government will default. Really? How long until we all realise that Greece can no longer be saved? They call it ‘debt forgiveness‘, but it remains a default. Carmen Reinhart is Professor of the International Financial System at Harvard seems to be trivialising it in an article, as I see it (at http://www.afr.com/opinion/signs-of-sovereign-debt-default-loom-20160110-gm2s05), we see quotes like “creditors may be overstating its potential external impacts“, which might have been true in the past, but we see little regard on the impact of the Euro when Greece defaults. There is no way it will not impact. The bulk of the Euro nations are so deep in debt that these hundreds of billions will impact them. I reckon the day that happens it will not be a good day to be a Greek outside of Greece. These issues are elements of a needed change. We need to make big changes and they will have to start this year. Every year that changes are delayed means that less people will have any options down the road. It is the direct and pragmatic approach to triage in an economic environment. There are no shortcuts to resolving any of this. There is only the harsh reality of changes, legislative, regulatory, procedural and then operational. It can only be done if all are aligned in that same goal, which implies that politicians should be left out of it (even though that is not a reality). The action by the bank of England might be a first spark, yet it is a spark that might go nowhere, if you doubt this then contemplate Tesco v Pricewaterhouse Coopers [2015], when exactly did that happen?

We need change, massive change, it was stated by many, not just me, but when will it come?

Here is the crux of the danger we face, whatever change we need, it needs to be implemented by politicians, all fearing the flaccid twilight in their pants. In France Marine Le Pen is trying to force change, to give France to the French, this scared Hollande and Sarkozy to the extent that they collaborated in a coalition, just to keep any victory away from Le Pen. Consider that part, two political opponents collaborating BEFORE the election, regarding who will win. That is what nations face. In my view that action was not about the good of France, that was about keeping the status Quo for big financial behemoths like Natixis, one of many who would lose out on billions when change happens. So as we see we need change, we are confronted with the people who have, as I see it too many self-interests at play, how can this ever go right? In that same way we have Nigel Farage in the UK. Here the UK has an advantage as the Conservatives have been trying to get the damage down as much as possible. It has been a bumpy ride for them, but there is progress, even as the waters seem to work against them, the UK is moving with many more options than the US or Japan has. The other Euro players (those with the Euro) are nervous, their nervousness increasing every day and faster as we see the back set by markets. In that regard, other nations have their own issues that are pushing things down. The Dutch pensions have breached solvency levels. They are below the required 105% levels, some have it as low as 101% and one even at 99%. They are facing the issue of combined value of pension assets fell by £6 billion, rising bond yields reduced the total liability by £20 billion. How will those be further impacted with the economic forecasts as they are diminishing and even further when those who invested in government debts see that the first one, Greece can no longer pay them! What do you think will happen? Are these just bad panic mongering words?

Can we perhaps consider that as events of the last few years have unfurled the way I expected, when they did not (as some did), we only saw a mere setback in the critical timeline, only to see these events come again with a much higher need for funds. In all this many forgot about Norway and their dwindling profits. As their wealth was oil and oil went from price X, to price X/4, their deficit went through the roof. Norway started to use their oil funds to plug their deficits. A story that got to Bloomberg, but did not get the visibility it should have had, because it gives us another nation that is not able to pull its own weight. I do not mean that in too bad a way, only in the realisation that the nations that have an economy where its governments have correctly budgeted for the year has now been reduced to less than 5, it is a stretch that Greece can topple the EEC, there is however the issue that the pressure from Greece will reduce the error margin of Italy and France to 0%, which is really a bad thing.

So will politicians remain flaccid admiring the twilight in their pants for the neediness of their own future, or will we finally see the first drastic legislative changes we need to charge up a start to regulatory changes?

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Tagged as Bank of England, Barry Tootell, bloomberg, Dow Jones Index, Hollande, Keith Alderson, Marine Le Pen, Natixis, Nigel Farage, Richard B. McKenzie, Sarkozy, Standard & Poor, the Guardian, Wall Street

January 13, 2016 · 20:23

To do or not to do

Weirdly enough, the act, the thought and the interest is not new. The ‘wisdom’ has been seen as early as the 60’s in public toilets.

Socrates tells us that “To be is to do”
Jean-Paul Sartre states that “To do is to be”
Frank Sinatra taught us: “Do be do be do”

Socrates, or So Crates as Keanu Reeves called him, started the thought, yet in the 19th century French philosopher, Sartre, who also dabbled in playwrights, novels, biographies, literary criticism was also a political activist. In his philosophical views, he share the view of Existentialism, where philosophical thinking begins with the human subject, hence, we can ask whether he should be on the side of So Crates. Even as Existentialists are often seen as ‘too abstract and remote’ from concrete human experience, we might wonder, because of the actions of Sartre whether he was a true Existentialist. Perhaps he was an academically inclined individual on the path of applied logics in the evolving field of pragmatism. His view on Phenomenology, or over simplified ‘taken intentionally as directed toward something’, as some might see it as ‘the hammering of a nail’, yet in all this, does one consider that the nail ‘just’ is?

So where is this going?

Well this is about a BBC article titled ‘Did Sean Penn break the law with El Chapo interview?‘ (at http://www.bbc.com/news/world-us-canada-35228910).

The quotes that are in question is “In his Rolling Stone piece, Mr Penn talked about the use of burner phones and other methods used to escape detection by authorities. Many people have wondered whether Mr Penn broke the law with his reporting – and whether or not he could be prosecuted“, so is there really a ‘group’ of many people, or is there a select group of some people in specific positions? By the way, burner phones are used in a massive amount of ways by people in many circles, the financial circle for one, the intelligence circle as another side and both have been illuminated by novels, TV shows and movies in a massive way, so why mention this part at all?

The quote ““Simply having contact with a known narco-trafficker is not the basis of prosecution,” said Daniel Richman, a professor of law at Columbia University and a former federal prosecutor” is equally important, because as is, why place this article in such light? Because some people are as the quote gives “his interview has made people uncomfortable“, really?

Why is that? You see, many people (many thousands) in the UK have been extremely uncomfortable with the Tesco affair and the involvement of Pricewaterhouse Coopers, how many people have shone a light on this within the BBC, or any other large media outlet for print or multimedia?

Would the answer be Zip or Zilch?

The last quote in the article is actually interesting “As Cesar Diaz, a former senior special agent who worked on investigations of Pablo Escobar, a Colombian drug trafficker, said: “If I was a Mexican authority, I would want to know: How in the heck did Sean Penn know where El Chapo was and we didn’t?”“, most likely he is deceiving the listener with his statement, you see, very likely El Chapo knew exactly where Sean Penn was, not the other way around and as such, one was brought to the other, Cesar Diaz actually knows this. Perhaps he is steering away from the issue that CNN gave light to (at http://edition.cnn.com/2015/07/15/americas/mexico-corruption-el-chapo-escape/) on July 16^th 2015. Where we see “but a series of scandals in the past year already had top Mexican officials in the hot seat. And Guzman’s escape, experts say, shines an even harsher spotlight on a problem that historically has stretched from police on the streets to the highest halls of power“, which is nothing new really, we have seen it in many sources, now, we might agree that not all sources are reliably honest, yet when we see a ‘random’ 3465 articles regarding corruption, how many would we need to show that there is a massive issue in that regard? In that view, is it equally far-fetched that El Chapo got a phone call from the airport where a young lady with a warm voice states “Senor, your movie star friend from New York La Guardia has arrived 10 minutes ago, tener un día maravilloso!” That would have been the start for a mere pick-up job. Cesar Diaz knows this, there is little mystery here.

Yet as we see all the speculation and worded effort to try to show that something is here, how come that the BBC and all other players are taking a wide berth around the issues of Tesco and the 3 billion drop in value? I gave a little light towards this yesterday, there is little to no action, what scares them?

Now it is time to get back to my slightly lower than basic feel of philosophy. If we accept that Phenomenology is ‘the study of the structures of experience and consciousness‘ how would the press be valued as we see the structure of ‘morality and values‘ regarding the interview of one person regarding another, let’s say, a person with an arts direction and his observations and interactions with an escaped drug baron, perhaps ruler of a drug empire would be better, yet in that same light, the professional press will not step anywhere near Pricewaterhouse Coopers regarding their involvement in a scandal that broke Tesco in little pieces, an involvement as shown by their peer Deloitte we see a version that forces us to ask additional questions regarding the acts that PwC was involved in, so in all that, the press stays away? How can we remain conscious, or better evolve consciousness whilst the press, regarded historically as the evolving factor of our opinion of events, how can we rely on that press who can to a larger extent no longer be trusted in their assessment of what is an issue?

In a similar light, as we see Existentialism as a view where we see that humans define their own meaning in life, and try to make rational decisions despite existing in an irrational universe. As such, is Sean Penn defining meaning in life? Is he giving us a view where we get to see how the world in some places are managed and arranged? Is that the view that scares Cesar Diaz? Is that the view that scares the ‘uncomfortable’ people? Many know the reality that life for some people in some continents are very different to the one we face.

In that same view, as Existentialism believes that we are free to do, to be and as we must take personal responsibility for ourselves (and our actions), which act is the most immoral one, the path Sean Penn took, or the path the UK press at large refuses to take as they seem to cater to the need of their advertisers and not regarding the path the people are entitled to be informed on? When did the newspaper become the projection of presentation, when did it stop to be the critical informer of events as they happened? So as the press answers that their Existentialism comes with angst, we need to ask regarding the type of angst, angst regarding their income, their career, or their boss. How many of these flags would it take to see them not as journalists, but as mere cowards with some writing skills and decent punctuation? I am just asking!

No, as I see it these facilitators ignore the outside sources, deny angst and move to the music and dance (off the beat) as Sinatra sings ‘Do Be Do Be Do’.

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Tagged as BBC, Cesar Diaz, CNN, Columbia University, Daniel Richman, El Chapo, Existentialism, Frank Sinatra, Jean-Paul Sartre, Keanu Reeves, Pablo Escobar, Phenomenology, Pricewaterhouse Coopers, PwC, Rolling Stone, Rolling Stone magazine, Sean Penn, Socrates

January 10, 2016 · 20:49

One in six before this court

The Guardian had an interesting piece yesterday. The article (at http://www.theguardian.com/world/2016/jan/09/netxflix-murder-whoddunit-petition) with the title ‘Making a Murderer spurs 275,000 viewers to demand pardon for central character‘ is centre in all this. The first thing that came to my mind was the question: ‘Are people stupid, or is Netflix just brilliant?‘ takes a centre stage. You see, we seem to hang onto this notion given by movies and books that wrongful convictions happen all the time. Yet, where is the reality? First of all, the reality is getting buried by pretty much all parties. The best I could initially find was a 2013 statistical highlight. 172,024 matters were received involving 113,893 defendants. The document does have a lot more (at http://www.justice.gov/sites/default/files/usao/legacy/2014/09/22/13statrpt.pdf) and I hoped to find a more recent one, but these 121 pages should be enough to get you started. You see, the issue becomes when we try to get a deeper view of the issue, one that might not be in the interest of the U.S. Department of Justice Executive Office for United States Attorneys, but when we see on page 8 that 2013 had 61,529 cases files, and we see the claim on page 9 “The rate of conviction remained over 92 percent, as it has since Fiscal Year 2010“, which gets us 56,607 cases.

This document is important for a few reasons, you see, Netflix has created a monster in a few ways. First of all, this is not a legal piece of work, it is an emotional one. An emotional presentation. One would think like many other reality shows bombarding emotions. This would be the first mistake for anyone making that jump. It is a documentary, a presentation made in the best light any camera could do. The view of cars in decay might have meaning, but the mere view is that is, is a view of written off ‘rust’. It all starts with the fact that a person was freed after 18 years when DNA proves him to be innocent. We immediately feel for this person, a sex crime one of the most heinous crimes we would all love to clobber a man like that to death, like a fur dealer kills a baby seal, with a nail board. But then, we are confronted with innocence. This man never did that, so how did he get convicted? These are the thoughts many will have in the first 6 minutes of the pilot. Most will be hooked, I myself saw this and was captured. We get even more turmoil when we consider ‘The wrongful Convictions Blog‘, which has Contributing Editors like Justin Brooks, Professor, California Western School of Law, who is in addition to that Director of the California Innocence Project. I feel certain that Netflix (read: the makers of this documentary) did their homework on this project, so why is there an issue?

The series is brilliant because this could be the first time that this series is sparking the need for a true total overhaul of the American Justice system. As I see it, it is a first that we see ‘more than 275,000 viewers have signed a petition asking President Obama to overturn Avery’s conviction‘ on a scale to this side. Yes, Netflix created a monster, but is it a bad one? When we see numbers like 5,000 – 10,000 wrong convictions, when we realise that 5-10K out of 56,607 represents 8.8%-17.6%, now we get one in six to one in eleven gets wrongfully convicted.

Footnote: This is based on two sets of numbers, there is no clear picture on how many wrongful convictions there are in 2013, giving a debatable number (just making sure that you understand that my numbers remain debatable).

Now the issue shift, it shifts strongly in a direction we cannot predict, because until the numbers were clear we were all (me including) how often does this really happen, so when we see a jail movie where someone states that he was framed, he was innocent, the numbers tell us that one in eleven (lowest denominator) actually could be. When it is a parking fine it is one thing, when it is 30+ days it affects a life possibly forever, the American people now have an issue.

Now we get to the other part. The quote “In a statement, the White House said action in this case would need to be taken at state level – in this instance, Wisconsin. A petition directed at Wisconsin’s governor, Scott Walker, on Change.org has 6,300 supporters, but the governor has said that he will grant no pardons“, we see that the White House parked this on the state level this needs to be on, and the response by governor Scott Walker will not help the White House any, but that is the law, the man got convicted. Yet in that our emotions also play up, because when a person is convicted wrongly once, that state better make damn sure that all the evidence is truly Hunky Dory, because two wrongful convictions of this nature can break a government (and their bank account). Yet in all this we see presentations, presentations from all parties. When we see the claim “Two years after DNA evidence was used to clear Avery of sexual assault in 2003, and as he was starting a claim for $36m in damages, he was accused of the murder of Halbach, who had visited his property to take pictures of a vehicle for Auto Trader“, so is one truly linked to the other? You see, my thoughts take me in a partial other direction. Would any woman go near a man convicted of a sex crime? Even if that man was found to be innocent? Doubt will always be in play there. Now consider the location and the date, October 31^st, aka Halloween. Over that day and the day that follows, we see 12 to 4 degrees Celcius, There is sweat, DNA. There is a premise of planted evidence, what is more interesting, why is there sweat from Avery under the bonnet on a day when it is 12 degrees? Summer, we all get, but late October? Was her camera that heavy? Yet in all that defence, we must also voice the quote “Prosecutor Ken Kratz last week accused the programme’s makers – Laura Ricciardi and Moira Demos – of withholding important evidence that led a jury to convict Avery and his nephew, Brendan Dassey“, which is at the heart of the matter. Netflix gives us a presentation and calls it ‘documentary’, which does not make the accused innocent, yet as evidence is allegedly withheld from the documentary, what do we have now? A mockumentary with a taste of legality? #JustAsking

I cannot tell, because I see one side.

So as we all see that outrage is what Netflix wanted to create, we see a job decently done, but is that all it is? Because I reckon until before this series, the one in six part was never that visible. The issue of innocently found guilty is not a new term, but it was a term that was never so widely known in the US. Making a murderer changes all that in a big way, once larger places get on the bandwagon for advertisement reasons, we will see a few more million getting emotional on the one in six group, as they should. Edward Helmore does give us the vital clue in this article “this is not a trial, but the truncated representation of one by journalists” and as I see it they always have their own agenda, does the viewer realise this?

Yet it isn’t just the image or the presentation, one part of the power that Making a murderer holds is the fact that Laura Ricciardi (one of the two makers) holds a JD from New York Law School and an MFA in film from Columbia University School of the Arts, which gives for the extra bang for the buck, but it does not take away that this remains a presentation, call it a new open presentation by ‘the’ defence; which is happening AFTER the conviction took place.

So will this start a legal change for America? The one thing that does in addition stands out is that the US is too bankrupt to be anywhere near considering a 35 million payout for one in six. That will impact the US in ways it cannot survive, so as Netflix brought a monster to life, we could see a massive change in prosecution and legislation, which if it happens would propel Making a murderer into the historic annals of TV presentations.

We should also take a look at the opposition, one who got his visibility through FoxNews (at http://www.foxnews.com/entertainment/2016/01/08/did-making-murderer-get-story-wrong). Here we see “Head of Investigation Discovery Henry Schlieff believes important elements of convicted murderer Steven Avery’s story were left out of the 10-hour Netflix documentary “Making a Murderer,” leading many viewers to draw the wrong conclusion about the crime everyone in America seems to be talking about“, which in my view is not unexpected. Henry Schlieff passed up on the high ratings show, as did HBO. Here lies the issue, part of the response ““We just didn’t feel it right for us in terms of the length,” Schlieff told FOX411. “I think something like this will work really well for Netflix”“. So when was the last time a network passed up on the chance for massive advertisement space opportunities? You can count those occurrences on one hand and you would not need any fingers.

HBO, Henry Schlieff and a few others missed out on a winner, more important, even though there are clear issues with the series, it does something that has not been achieved before; it gives a national and even international light to the massive number of wrongful convictions. Even when taking the lowest number of 5,000, which would not be low, we get close to one in eleven, we might state that one in nine could be closer to the speculated truth, so how many wrongful convictions will it take to overthrow the US justice system as is, as some regard it as a failed system? That conversation is now happening in many US living rooms. The Justice Department might think in way too many households, which will become a much stronger issue down the line, especially when the governor comes up for re-election, even the next presidential election will feel the impact, in an election where every point counts, 10 points come with a bigger bang than what a fair amount of states can offer, so this will become a growing issue sooner rather than later.

In the end, the paths that the series skates on is the implied issue of planted evidence, which is an option but not a given. The pending issue of 34 million gives weight to this, yet in all this most of our minds are stating that this was a rare occurrence. Which many groups are now debating, when a one in six number gets approached the consequence of large claims and the fact that most state coffers could not survive more than a dozen of those. The numbers if even taken at 50% correct give us no less than 4,000 possible cases, which in an equally distributed world implies 75 per state. If even half of that makes it to court, the bulk of the states would go into receivership overnight, the ultimate nightmare scenario.

An issue Laura Ricciardi and Moira Demos might hope to steer to as an ulterior motive, but in equal measure we must look at the direct impact. One, was Steven Avery guilty? In light of the previous false incarceration the main question on the mind of most Americans watching that show and if any clear evidence is ever brought to light that there was reasonable doubt, we will see an escalation unlike any we have seen before in American politics and American jurisprudence, because the 275,000 petition at present will be the mere tip of the iceberg, at that point the anger the people will hold can, could and possibly will topple whatever administration is in control at that point.

Which could have been the intent all along! In my personal view, I think that there has been intent all along. It might not have started out in that way, but after the Michael Iver Peterson Case, after the documentary the Staircase and in succession the events of 2010, I think at this point, both Ricciardi and Demos must have realised that their pet project had the opportunity to turn into a legislative and political Behemoth, and they were the only ones with the footage and the cooperation from the involved parties, they basically had the winning ticket to a lottery no one comprehended its existence.

I believe that part of that is shown in the recent interview that the couple had on Vulture dot com (at http://www.vulture.com/2015/12/making-a-murderer-directors-on-steven-avery-case.html). The quote at the very end: “Demos: One of the experiences we hope will come across is what it’s like to be accused in this country, what it’s like to go through this system. The hope is that with firsthand experience, people will think differently about the criminal justice system: what is working and what is not working, and the role each one of us plays in that“.

I think that the Stephen Avery case is the one straw that can now break the camel’s back. If this plays out correctly (for Ricciardi and Demos), if enough doubt can be created we will see a movement towards justice change unlike anything the US government has ever seen before, because two strikes against one person would be met with opposition never seen before, this is at the centre of many places like ‘The wrongful Convictions Blog‘, they will give rise to the issue of ‘the Justice system and what isn’t working‘.

Make no mistake, in the end Avery does not need to be innocent, in the Netflix presentation they would only need to show enough doubt to get a political ball, the size of a wrecking ball rolling in many unpredictable ways.

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Tagged as Brendan Dassey, California Innocence Project, California Western School of Law, Columbia University School of the Arts, Executive Office for United States Attorneys, Governor of Wisconsin, Governor Scott Walker, Henry Schlieff, Justin Brooks, Ken Kratz, Laura Ricciardi, Making a Murderer, Michael Iver Peterson, Moira Demos, Netflix, New York Law School, President Obama, Scott Walker, Steven Avery, Teresa Halbach, the Guardian, The wrongful Convictions Blog, U.S. Department of Justice, Vulture, vulture.com, White House, www.justice.gov

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