Category Archives: Finance

January 6, 2015 · 11:09

Implosions

An interesting article hit the Guardian this morning; it is another decent piece by Zoe Wood. The article does leave me a little wondering on what is either wrong with me, or with everyone else. You see, I feel like a Ghost Rider, driving on the right lane on the M11 from Cambridge to Stansted Airport. The radio is warning me to look out for a Ghost rider, I am wondering how crazy the BBC dude is as I am seeing dozens of them all in the wrong lane.

That is the feeling you need to keep into mind when we look at the article ‘Bank Fashion collapses, putting 1,500 high street jobs at risk‘ (at http://www.theguardian.com/business/2015/jan/05/bank-fashion-collapses-1500-high-street-jobs-at-risk). You see, when we consider ‘young’ fashion retailer, 84 stores, whilst we see at Parliament UK “The unemployment rate (the proportion of the economically active population who are unemployed) for 16-24 year olds was 16.6%“, then we should ask ourselves whether this is such a stretch at all. Yes, we can see that the curve of young employed is lowering, but almost 1 in 5 is a huge group to miss out on. And let’s face it, not all will buy at Bank either, so the question remains, is this such a worrying step? Should we ask why the group did not trim down its size long before this? The quote ““Bank has struggled in a highly competitive segment of the retail industry and has been loss-making for a number of years,”” only adds to this amazement of not trimming. In my (possibly incorrect) view, I wonder whether this group wagered with the existence of 50 shops by not getting rid of 34 of them. The number is arbitrary and highly randomly generated, but you get the idea. Did some people bet on better time for their possible commission and were they as such willing to pay a dangerous game with the 50 shops that might have been saved? In addition, what formula change might have given them a broader perspective? I am not telling, merely asking.

So we see that the previous owner (JD Sports) did coral the wagons when they sold the Bank Fashion part with the part “JD Sports’ executive chairman, Peter Cowgill, said at the time that the sale of Bank was in the “best interests of the group” and that he expected the deal to result in a “substantial recovery” of an intercompany loan“. It makes perfect tactical sense. Yet when we see the earlier statement “In a statement to the stock exchange announcing the sale to Hilco in November, JD Sports said Bank had made a loss of £8.1m in the year to 1 February 2014 and had gross assets of £51.7m at that date“, we must wonder what made Hilco decide to buy it in the first place. So less than a year ago it had made a loss of £8.1m, which is fine, but who expects to turn this around within 18 months in a time of low economy should be willing to answer a few questions to a panel of economic boffins. In my personal view I would set up a second meeting with this person and a mental health review board 30 mins after the economic meeting, as it might be an interesting second interview to say the least.

Fashion Bank might be the visible one today, but it has not been the biggest one or the only one. A less clear view is the reasoning behind Blockbusters, how was it to be turned around by Gordon Brothers? I am not judging them, perhaps they had a changing formula that might have worked, there will always be a different look on how firms versus equity firms look at their new baby and shape it to be a return on investment to some extent, in addition that blockbusters catered to a much wider audience, giving additional possible solutions that might have been backfiring, it is just speculation.

No, going back to the Bank group, or those behind it. Why was the ‘transfer’ made? I mention transfer, because is that not what it is, someone takes hold of a loss making firm. Who answers the questions on the strategy of buying something that is losing you money, whilst you remain using it in the same field. When you buy a car with a broken engine, you fix either the engine, or you replace it. No matter what you decide, fixing it will take time. That part is an absolute given; I just wonder how the rationale went for something that is supposed to get turned around in 10months, whilst it has lost an equal of 15% of its total value. It requires deep changes; such changes take time, more than the projected 10 months here. So again I wonder, am I that Ghost Rider, or is the bulk not watching in what lane they are driving? It is not that far fetched a question!

These are not the only players, at http://www.retailresearch.org/whosegonebust.php we can see a range of players not making it, but business has always been like this, some make it, some do not and they are replaced by newer or better players. This is a phase going on way before the recessions. So why is this issue such a deal now? You see, now, we see a two pronged survival streak. In the first pass a company under threat seems to buy more businesses to seem larger, hoping that they will survive a little longer (which tends to work short term), then as this fails it all goes on the block and we see the shattering of chains, leaving with every shattered attempt 1000-2000 retail workers in need of a new job. As I see it, the problem just grows, when a worker is competing with one to two hundred working peers, they have a decent chance, you see, from the ashes others rise, but when competing with one to two thousand peers, the issue becomes almost unsurmountable, bosses love this as they can get people at 10-15% less, but the workforce becomes uneven, unfair and those bosses as they blow their own business, they tend to walk away with a pretty penny to survive the 5 years that follows. It is this level of implosion that the law should start to protect against. It is for that reason that there should be a new panel, one that does not just question what happens, but also sets a punitive change, because the man behind the purchase, addition and sell of Bank has another part. He gets to be audited and he should be revoked any right to in another company in any level of authority for at least 10 years.

The fair question becomes, is this at all fair? That is actually the question that bothers me too, because innovation and success are fine lines, it is a fine line drawn on a thick black bar called ‘failure’, which is on an even wider bar called ‘getting by’. This must be regarded too, yet is a 10 month turnaround realistic in any way, shape or form? I do not know the answer, because I am not a retail innovator and here I cannot see what some would see, but in the opposite side of the same fairness, Tesco might be regarded as an extreme, but is the case of Bank Fashion not set on an equal face of misrepresentation? You see, before Tesco went (as I see it) criminally overboard in misstating their ‘achievements’, there must have been a phase of misrepresentation (which is not a crime). Where do we see the steps where an economy becomes a better place when these acts of quick fixes and quick manipulations become the centre of business? If we look at the names in the retail research link we see stated words, words we might regard as facts, but are they? When we look at the numbers we see another case.

In that view, in 2008 on average 1380 people per company lost their job, 54 companies and 74,500 people is a big group out to find new jobs, of course it was hard on all then. On average it comes down to 9-12 people per store, which makes perfect sense, yet when we see that almost 4000 stores were shut down, we do get a skewed view on how not so good the economy is, but is that entirely true? The economy is stated to be improving and I am willing to believe that, it is just that under these skewed projections we also see a difference where the employees are getting a lessened deal with each iteration of failing companies, because as more merge and still fail, we see a stronger competitive need, which is translated into getting the same work done for less money, the standard of living falters, which gives views that getting by is almost no longer an option, which then sees us how Bank Fashion is losing money because people are not buying anything, that was the (not so) nice consequence of a lesser income, the snake that eats its own tail ends up with a hunger that does not satisfy and with an increasingly diminished size, did the players of that game consider this or were they only interested in how much they got out of it?

So as we look at possible future implosions of retail chains in 2015, consider the story of the Ghost Rider. Was I the Ghost rider, are you all Ghost Riders, or are we now considering option three, where someone removed the no entry sign and optionally replaced it with a one way sign?

 

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January 3, 2015 · 11:03

Slander versus Speculation

There is a lot wrong in this world, we cannot disagree with that. Soon we might see rental prices go down in London, because of Superman (the New Ecstasy), yay to those needing an apartment, being free of drugs was never so nicely rewarded! So is this speculation, or slander?

We could debate my sense in taste (many have for decades), yet in the firm juridical ground, when can speculation be regarded as slander?

That part is more and more a question when we consider the US sanctions against North Korea. Oh, and perhaps we forgot to mention that Sony Is a Japanese firm (even though the crime was on US soil), giving additional spotlights to the reasoning of certain actions. Consider the following sources. First let’s take the BBC (at http://www.bbc.com/news/world-us-canada-30661973). Here we see sanctions against organisations and individuals. First there is “Jang Song Chol: Named by the US Treasury as a Komid representative in Russia and a government official“, then there is “Kim Yong Chol: An official of the North Korean government, according to the US, and a Komid representative in Iran” and last there is “Ryu Jin and Kang Ryong: Komid officials and members of the North Korean government who are operating in Syria, according to the US“. Now the article ends with the most hilarious of all quotes “White House officials told reporters the move was in response to the Sony hack, but the targets of the sanctions were not directly involved“.

So the White House is within this part confessing to the breach where they are targeting innocent civilians (of that crime at least)? Can anyone explain to me how this is anything less than legalised slander? Consider that if (not when, but if) they ever figure out who exactly was responsible for the Sony hack (the actual individuals involved), how the US government could be held responsible in any court of law for this. Consider this part (source was the APA of all places, at http://www.apa.org/about/gr/issues/violence/hate-crimes-faq.pdf). “Current federal law defines hate crimes as any felony or crime of violence that manifests prejudice based on “race, colour, religion, or national origin” (18 U.S.C. §245). Hate crimes can be understood as criminal conduct motivated in whole or in part by a negative opinion or attitude toward a group of persons. Hate crimes involve a specific aspect of the victim’s identity (e.g., race)“. If we clinically look at the facts, then these acts are a hate crime against North Korea.

Now, let’s be fair as well. Most will not care, I reckon that the North Koreans might not even care, but this act does remain a legal transgression!

Let me show you why (because without reason, there is nothing), part one is found in yesterday’s news in the Guardian (at http://www.theguardian.com/technology/2015/jan/02/sony-hackers-may-still-access-computer-systems-the-interview).

Here we see the following parts:

  1. “Sony Entertainment is unable to confirm that hackers have been eradicated from its computer systems more than a month after the film studio was hit by a debilitating cyber-attack, a report says“

So not only has the hack occurred, it is very possible that the transgression and the damage is currently still ongoing, in addition, one of the most watched and scrutinised nations is still accessing Sony? Not one press agency is asking the questions that matter. For example, there was some visible Press Tour into North Korea (must have been around when Kim Jong-Un was elected big boss in 2011), when we saw some of the filmed events there, we saw North Korean officials in total disbelieve that a smartphone could take photographs and these people walked over Sony’s cyber security?

Now we get to the Chief Executive of Sony himself, his quote gets us the following:

  1. ““It took me 24 or 36 hours to fully understand that this was not something we were going to be able to recover from in the next week or two,” Lynton told the Wall Street Journal“

So this was not a mere grab for data, this is a system paralyses of sizeable renown, the hack was so complete, high paid executives could not get their minds around the events. So, are we still looking at North Korea? Basically this requires an evolved form of ‘stuxnet’, the hack was seemingly more complete then the stuxnet virus could achieve. We now have only three players left. Russia, China and whatever hacking organisation walks around within the US and its allied nations. How is North Korea anything else but a mere puppet for slander? Whilst some people are possibly hiding their lack of skills, and likely other people linked to all this are trying to cover up issues that have been ignored ever since the first hack of 2011 (the Sony PSN hack). By the way, I am using stuxnet as a comparison, I have zero knowledge how the transgressions was done, but we can all agree it was way beyond a normal level of sophistication.

Yes there is another scenario and I will get to that soon, North Korea is not off the hook yet!

You see we have been looking at the event, but not at the capital involvement that is two tiered at present.

  1. “Sony’s network is expected to be fully operational within the next two months but hackers have so far released only a tiny fraction of the 100 terabytes of data they claim to have stolen“, so not only will it take months to repair security measures, the fact that the new fences are there are still no guarantee that the data remains safe.

When gets us to the first tier. Data! Someone streamed 100 Tb, which is more than just a number; it would require every PlayStation 3 on the planet to download up to 2Mb. The fact that this is not monitored, or that is got through to this extent, is a first view that this was no mere trifle event. And even though 100,000 Gigabytes seems small when compared to the PSN issues, it becomes interesting when we consider that the PSN had been hit more than once, but as those members did not all download, where did all this data get syphoned to?

Now we get to the one part that might be regarded as tier two. You see, it is not just the amount taken, which takes a good server park to store, it goes back to issues I discussed in regards to piracy and the parts I mentioned in my blog ‘For our spies only!‘ on September 26th 2014. There I stated “in the end this is NOT about copyright, this is about bandwidth“, the big players all knew it and they were all very concerned if such events would start to get measured and logged. Now someone casually walked away with 100,000 gigabytes of data?

Before I restate, it was not North Korea, let us take a look at another article by the Guardian in that regard. The title is ‘North Korea may have hired outside hackers for Sony attack, says US‘ (at http://www.theguardian.com/world/2014/dec/30/north-korea-hackers-sony-pictures-cyber-attack) and it was written on December 30th. Now we must consider the following: “US investigators believe that North Korea most likely hired hackers from outside the country to help with last month’s cyber-attack against Sony Pictures, an official close to the investigation has said“. The operative word is ‘believe‘, they just do not know. As a speculation that would be my guess as North Korea does not have the skill needed for this, not even close. By the way, those hackers might want to get paid, how will North Korea do that, or perhaps that is beyond US oversight too, because it would be a sizeable amount for something this complete.

The next part is the part that opens the discussion ““The FBI has concluded the government of North Korea is responsible for the theft and destruction of data on the network of Sony Pictures Entertainment,” it said in a statement“. The first question: What evidence?  As stated before, North Korea is lacking in many ways, the fact that they hacked past Sony to this extent, whilst at present no guarantee can be given that the systems are secure at all, whilst North Korea has been watched 24:7 for a long time now gives rise to the demand of evidence showing the guilt of North Korea. So, they are seemingly better than the cyber divisions of both Russia and China? I am not buying it, in addition, the fact that the article implies that outside help was engaged for a hack this thorough leaves us with two thoughts.

  1. If true, where is the real balance of power in cyberspace, because this now implies that North Korea is a real player, even though no one (including people a lot more intelligent than me) have concurred that North Korea does not count when it comes to the internet and cyberspace.
  2. If false, what incompetence is the US hiding from us all and is that not the true crime?

Consider this quote (from the Guardian article too): “Some private security experts have begun to question whether Pyongyang was behind the Sony cyber-attack at all. The consulting firm Taia Global said the results of a linguistic analysis of communications from the suspected hackers suggested they were more likely to come from Russia than North Korea. The cyber security firm Norse said it suspected a Sony insider might have helped launch the attack”

I cannot disagree with Taia Global, as this could be Russia hitting back at US sanctions, but that would be speculation on my side, I also very much agree with Norse. Consider that if someone walks into a bank vault and it is empty. There was no sign of break in, the doors were not forced. At this point the police and the FBI will initially look at ‘the insider’ plot. It makes perfect sense. To get past the Sony server parks to this degree someone was giving aid in some way. Initial passwords, the network structure, because if that was not the case there would be a lot more logging evidence to giver clear view whether North Korea was guilty (or not involved).

Mark Rasch hits the nail on the head with this quote ““I think the government acted prematurely in announcing unequivocally that it was North Korea before the investigation was complete,” said Mark Rasch, a former federal cybercrime prosecutor. “There are many theories about who did it and how they did it. The government has to be pursuing all of them.”” there is the crux, the mention of theries on who did it. Even if it is outside help, Russia would still make more sense, the Russian Mafia could be the front for cashing in on selling the data, they pay commission to the people ‘hurt’ through US sanctions, they are looking at the least likely suspect because of a comedy, one that I (and many others) had not even heard of before these events.

It is the last quote that is food for thought from Kevin Mandia of Mandiant “Mandia, who has supervised investigations into some of the world’s biggest cyber-attacks, said the Sony case was unprecedented. “Nobody expected when somebody breaks in to absolutely destroy all your data, or try to anyway, and that’s just something that no one else has seen,” he said”

That part is not entirely true, I remember the DBase virus of 1988, I remember some people who had fallen victim to them, a garble parser that does not show until the virus is removed, it leaves your data garbled from that point forward. There was also a data virus in the 80’s. I forgot the specifics, but whilst most viruses would attack ‘.com’ and ‘.exe’ files, this one would attack data files, until that day a truly scary moment. So, it is not entirely unprecedented. Consider, if you copy someone’s data, the best sale is to sell it to the competitors, yet, what happens if the owner no longer has that data, does that not drive up the price? Yet, it is bad tactics, to copy in secret and resell it all makes perfect sense, the fact that these events happened, whilst Sony IT, the Cyber divisions of the FBI and others are not able to track the events is something very novel. It is a first to this degree, do you now understand why it makes no sense to accuse the one nation where we see this as their highlight: “Aug 6, 2013 – North Koreans hungry for tech skills are buying up used desktops on the black market, these desktops smuggled in from China have become a much sought-after item in North Korea“, this is the nation that thwarted one of the biggest cyber power players?

People please wake up. The question becomes what was real? I call my version insightful speculation. I have been involved in IT since the 80’s, this level of hacking requires serious system skills with in depth knowledge of all layer one components (hardware layer), if we ignore the inside job part, this takes North Korea out of the loop, it also removes a massive amount of hackers of the table too. It requires the skills we would require to see from people at the NSA and other high tiered cyber firms. From these facts I come to three options:

  1. The hackers are a new level of hacker with the ability to get past the security of nearly any large firm and government data system.
  2. Sony has been criminally negligent and the US is willing to ‘aid’ this Japanese firm for a price.
  3. A simple inside job (possibly even a disgruntled employee) with links to organised crime.

Please feel free to give me a valid fourth alternative.

 

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January 2, 2015 · 10:54

Misrepresentation

That was the first word in my mind when I looked into the Guardian seeing the following headline ‘NHS cancels 3,000 operations in two December weeks‘ (at http://www.theguardian.com/society/2014/dec/28/nhs-cancels-3000-operations-in-two-december-weeks), it is not the only NHS story in the Guardian and to be fair, there has been an awful lot of bashing of the NHS, not entirely in an unfair way, but it has been in a very misrepresented way.

I have written about the NHS a few times, with the main reason that whatever hits the UK, will hit Canada, Australia and perhaps even New Zealand, later if not sooner. The small inserted text “The figures, highlighted by Labour” is entirely an issue too. Perhaps the Guardian might also want to illuminate that part of all this is DUE TO the actions of Labour, not just illustrated now by Labour. It all starred in the age of Blair, perhaps not the most unknown Prime Minister of the UK (1997-2007), followed up by former Prime Minister Gordon Brown who continued the mess from 2007 to 2010.

So why blame them?

Even though the project started in 2002, during these three administration cycles, that project was blown in access of well beyond 10 billion with nothing to show for it. 10% of that fund could have prevented well over 80% of all current NHS issues. So, I will state that Labour might not have started this mess; they definitely were in the midst as it got bungled again and again. When we consider the September 2013 article (at http://www.theguardian.com/society/2013/sep/18/nhs-records-system-10bn), where we read “CSC’s contracts could not be cancelled because a legal challenge by the company may well have succeeded, the report claimed“, we can see that this issue was bungled in several departments, the IT branch not being the smallest one.

Yes, we know, we see and we all feel that any NHS system costs us, but this fiasco is beyond the entire budget of the Ministry of Transport for 2015, so we can say that there are issues. Whatever we will hear in defense regarding how things must move forward, the current administration is still cleaning up the mess of Labour, best way they can (with emptied coffers), so the sanctimonious highlighting by Labour (not unlike the current acts of Labour in Australia), should be looked at with some contempt. When the previous landlord sells the garage, he does not get to remark on how less ‘clean’ the car is, when he had removed the shelter in the first place.

When we see the quote ““To reduce pressures on hospitals and to keep a flow of patients coming in and leaving hospital, we need to manage the number of available beds more efficiently. To achieve this, we need to reduce unnecessary admissions and visits to A&E and improve community care.”“, we should add to that that the system was meant to be better by having an actual system. When we consider a previous made quote “Dr Mark Porter, chairman of the BMA, says £20bn savings drive to blame, as doctors and nurses are made redundant“, we must now remember that wasting in access of £10bn for a non-working IT system has everything to do with that part. But that is only one factor.

For the next part I need to refer to a decent article in the Independent (at http://www.independent.co.uk/voices/comment/the-myth-excessive-government-borrowing-got-us-into-this-mess-8601390.html). There we see the following: “In fact, government borrowing did not get us into this mess. As we shall see, the last government did not borrow excessively, whilst the recession was a consequence of overleveraged banks and the collapse of the US housing market. The banks overextended themselves in poorly regulated financial markets, indulging in high-risk lending in the belief that a housing bubble would never burst“, this is absolutely true, yet not entirely correct. consider in 2008, Gordon Brown was handed a lemon for sure, yet, the strong measures that should have been taken, like cutting back hard, especially in late 2009 onwards, were also absent. The article has a few other ‘represented’ events that are true, yet incomplete, you see, no one will deny that the banks were all at fault for the bulk of the mess, yet harsh acts afterwards were mostly none existent, moreover, many of these big wigs went home with a golden handshake a fat donation to their bank account and enough to buy a ‘St James Hamper’ for all the members of their family (Catalogue Code: 2099429 at http://www.fortnumandmason.com).

So when we see the current Labour highlights, we need to take a few more details into consideration and can we agree that those issues were absent in this article?

So when we see the very premature promise of “He pledged Labour would invest an extra £2.5bn in the NHS each year, resulting in 20,000 more nurses and 8,000 GPs“, we need to consider that the bungles under labour had costed many of them their jobs in the first place. The NHS still needs a much better IT system then it has for now and until this is completed these issues will remain, trusting labour to get the job done is really not a good idea. We could misrepresent that we currently have well over 10 billion pieces of evidence to make that case. I will let you mull over any contemplation in that direction of financial deficit.

By the way, when considering that part, we must also consider Wednesday’s article (at http://www.theguardian.com/society/2014/dec/31/sexual-violence-soars-uk-hospitals), there we see security issues of several levels in the Guardian, now reread the issue from December 28th, at that point, these issues would have been clearly know. There is no mention of security or upgraded HR needs; just nurses and GP’s, so how out of touch is a three day old statement that did not consider known details at that very moment?

I see this as an out of touch Labour government that is highlighting and promising, yet the highlight is incorrect, the promise in inaccurate, perhaps even insincere and all of this in completely unrealistic (personal note: it sucks to be Labour at present). This is the view from Labour, whilst only looking at the issues that are touching the NHS, one of the most important issues that will remain around in the coming decade. I hope that the siblings of the UK (Read: Australia, Canada and New Zealand) take these thoughts into consideration, because if we ‘the Commonwealth’ in the upcoming age of IP want to survive, we need to up the game in several areas buy a lot! In this regard IP is not just a piece of software; our Intellectual Property is not just software (even though it is largely regarded as such). If we consider that the mind is the software of the brain, we need to rethink the premise that Big Business has forced us to make in the age where ‘they’ had set the target, the premise and the consequence. If we take the basic approach where ‘the Turing test is a test of a machine’s ability to conclusively show intelligent behaviour that is indistinguishable from a human being’, can we make a similar statement that ‘a system’s adherency to set and cater to a rule of definitions, which in turn allows servicing the need of a community’?

 

So what if we invert the current situation as we might see in the paper by Alan Turing ‘Computing Machinery and Intelligence‘ around 1950. Our systems have been exceeding the ability of those computers for a long time, yet as technologists have been greed driven into a iterative release of hardware (and software), we ignored use of innovation in UNIX (or LINUX or SE-LINUX), to truly drive productivity as large players like Microsoft, to cater to profits forced business to take a step back, to be the sheep carrying the pay checks for these large corporations. So as we stare at the words of Alan Turing and as we look at the words of cognitive scientist Stevan Robert Harnad, where we wonder whether a machine can act indistinguishably, we all forgot (an implied assumption by me) about the part, ‘can a system truly cater and flexibly work under a premise of security as it caters to the need of health officials’, so that they can focus on treating and curing. A system bogged down by consultants and speculators on how it ‘must’ be, whilst ignoring the small academic innovators on how it actually could be.

Whilst dishing billions to a company with a legal challenge, we all should have looked at the future of IT as these minds were shaped at universities. The technologies required were never with the people in office now, they learned the previous iteration of technologies, the actual innovators are at university now and catering into that direction at 1% of the cost is more likely a solution then the one not delivered at present. Consider for a moment the PDF (at http://www.england.nhs.uk/wp-content/uploads/2014/02/rec-man-pol.pdf). Now, there is nothing wrong with the entire approach to the document, yet at 5.9.12 we suddenly see “Be aware when redacting Microsoft Word documents electronically by using the black highlight text tool as this process is reversible. A Microsoft Word file converted into PDF can be easily read merely by copying if from PDF back into Word” suddenly we see that Microsoft is just part of all this, a ‘simple’ formatting is now a Microsoft based guideline. Why?

At 5.18.1 we see: “A secure drive (S:drive) has been created to hold such data and staff should contact openservice@atos.net to request a secure folder“, so this goes via a French multinational IT services corporation headquartered in Bezons, France, making 10 billion in 2013? How much of that revenue is coming from the NHS, and why is this cost not going through a British company (seems like an awfully simple question to pose). By the way, one other thing to notice is that the Glossary after page 27 shows the term ‘metadata’, yet the document itself leaves the term metadata unused, which refers to Protective marking, only discussed in Appendix D, where it is mentioned to the minimised extent. Although this document should not be seen as any representation of NHS IT (the document is actually a very decent piece of work), it should leave us with several questions, we might not get an answer to, if not for the now, then definitely towards the goal the NHS must steer to if it wants to survive beyond 2015, just adding funds will not do, and the funds Labour offers are those they have no access to until after an election, which will then be the funds that are non-existent as the present shows.

So where should we look when we are confronted with these misrepresentations (as I see them)?

I am not telling, just asking!

 

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December 31, 2014 · 11:31

Last Clooney of the year

My idea of stopping my writing until the new year has truly been bombarded into a sense of that what is not meant to be, so back to the keyboard I go. One reason is the article ‘‘Nobody stood up’: George Clooney attacks media and Hollywood over Sony hack fallout’ (at http://www.theguardian.com/film/2014/dec/19/george-clooney-sony-pictures-hack-the-interview), which I missed until this morning. So has the actor from ER become this outspoken because of his marriage to Human rights lawyer Amal Alamuddin? Nah! That would be incorrect, he has been the champion of major causes for a long time, outspoken, thinking through and definitely a clever cookie with a passion for Nespresso!

The article kicks off with a massive strike towards to goal of any opponent “George Clooney has spoken of his frustrations with the press and his Hollywood peers at failing to contain the scandal around The Interview, which Sony has pulled from cinema release as well as home-video formats“. It goes a lot deeper then he spoke it does, perhaps he fathomed the same issues I have had for some time now, some mentioned in my previous blog ‘When movies fall short‘ (at https://lawlordtobe.com/2014/12/15/when-movies-fall-short/), two weeks ago.

I will take it one-step further, several players (not just Sony) have been skating at the edge of competence for some time now, as I see it, they preferred contribution (revenue minus costs) regarding issues of security. It remains debatable whether this was intentional or just plain short-sightedness, that call requires levels of evidence I have no access to.

By the way, Mr. Clooney, you do realise that this topic has the making of an excellent movie, not unlike the largely unnoticed gem ‘Margin Call‘ with Kevin Spacey, Paul Bettany and Zachary Quinto.

The one quote I object to (to some extent) is “With just a little bit of work, you could have found out that it wasn’t just probably North Korea; it was North Korea … It’s a serious moment in time that needs to be addressed seriously, as opposed to frivolously”. You see, the inside job is a much more likely part. Yes, perhaps it was North Korea (requiring evidence), yet this would still not be the success they proclaim it to be without the inside information from disgruntled (or greedy) employees. In addition to the faltering security Sony has needed to ‘apologise’ for twice now (the Sony PSN hack of 2011), none of which was correctly covered by the press regarding this instance either. There was the press gap of November 2013, so we have at least two events where the press catered with silence, but at the price (read: reward) of….?

Yet the part: “He joins others who voiced their dismay at Sony’s decision, including Stephen King, Judd Apatow and Aaron Sorkin. Rob Lowe, who has a small role in The Interview, compared Sony to British prime minister Neville Chamberlain and his capitulation to Nazi Germany before the second world war“, is more than just a simple truth, it shows a fear of venue, cater to the profit. Chamberlain was from the old era and he failed to perceive the evil that Adolf Hitler always was. That view was partially shown by Maggie Smith in ‘Tea with Mussolini‘ too, yet the opposite was strongly shown in Remains of the Day, when Christopher Reeve as Jack Lewis states: “You are, all of you, amateurs. And international affairs should never be run by gentlemen amateurs. Do you have any idea of what sort of place the world is becoming all around you? The days when you could just act out of your noble instincts, are over. Europe has become the arena of realpolitik, the politics of reality. If you like: real politics. What you need is not gentlemen politicians, but real ones. You need professionals to run your affairs, or you’re headed for disaster!”

This hits the Sony issue straight on the head. Not that the Gigabytes of data are gone, but that they got access to this data at all. IT requires a new level of professionals and innovator, a lesson that is yet to be learned by those having collected Exabyte’s of data. It is a currency that is up for the taking with the current wave of executives that seem to lack comprehension of this currency. Almost like the 75-year-old banker who is introduced to a bitcoin, wondering where the gold equivalent is kept. The new order will be about IP, Data and keeping both safe. So, it is very much like the old Chamberlain and Hitler equation, we can see Chamberlain, but we cannot identify the new Hitler because he/she is a virtual presentation of an identity somewhere else. Likely, a person in multiple locations, a new concept not yet defined in Criminal Law either, so these people will get away with it for some time to come.

Yet the final part also has bearing “Clooney was one of the Hollywood stars embarrassed by emails being leaked as part of the hack. Conversations between him and Sony executives showed his anxiety over the middling reception for his film The Monuments Men, with Clooney writing: “I fear I’ve let you all down. Not my intention. I apologize. I’ve just lost touch … Who knew? Sorry. I won’t do it again.”“, personally he had no reason to be embarrassed, when your boss spills the beans (unable to prevent security), do you blame the man or the system that is this flawed?

Why has it bearing? Simple, he shows to be a man who fights and sometimes fails. He states to do better, just as any real sincere person would be, a real man! By the way, since 2011 Sony still has to show such levels of improvement. A lacking view from the people George Clooney served in a project, so we should not ignore the need to look at those behind the screens and the press should take a real hard look at what they report and on where their sources are, that same press that has not scrutinised its sources for some time. When was the last time we asked the press to vouch for ‘sources told us‘?

Consider the quote “We cannot be told we can’t see something by Kim Jong-un, of all fucking people … we have allowed North Korea to dictate content, and that is just insane“. As I mentioned in the previous blog, with the bulk of the intelligence community keeping their eyes on North Korea, why is there no clear evidence that North Korea did this? Not just the US both United Kingdom and France have access to an impressive digital arsenal, none have revealed any evidence. Consider that the École polytechnique under supervision of French defence is rumoured to be as savvy as GCHQ, can anyone explain how those three cannot see clearly how North Korea did this? So, either, North Korea is innocent and just surfing the waves of visibility, or the quote by George Clooney in the Guardian “the world just changed on your watch, and you weren’t even paying attention” would be incorrect. The quote would be “the world just changed on your watch, and those in charge do not comprehend the change“. In my view of Occam’s razor, the insider part is much more apt, the other option is just way to scary, especially as the IT field is one field where North Korea should be lacking on several fronts.

I will let you decide, have a wonderful New Year’s eve!

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December 30, 2014 · 14:42

Fur ball?

OK, I thought I was done for the year, you know, the last article when I threw a little lob ball in a less serious approach to reporting events. However, that part threw me a little fur ball, almost like coughing up the Cheshire cat.

It all started with the Jerusalem Post today, at least that is when I noticed the message. The title states: ‘Israel expects world community to oppose Palestinian efforts at UN, Netanyahu says‘ (at http://www.jpost.com/Arab-Israeli-Conflict/Israel-expects-world-community-to-oppose-Palestinian-efforts-at-UN-Netanyahu-says-386058), true, there are issues with the entire UN debacle to some extent; my emphasis is regarding the use of ‘some’. You see, as much as I oppose the entire anti-Semitic approach towards Israel. Having a strong anti-Palestinian view seems equally wrong; however, Palestine has created this issue whilst condoning whatever Hamas did to the largest extent, which is completely unacceptable either, none of those actions make sense. The quote “Israel will oppose conditions that will endanger our future” is very much central into this. Prime Minister Benjamin Netanyahu is very correct in that statement. Hamas has always and remains ‘dedicated’ to wiping out Israel, which beckon the thought why the EEC courts would rule against giving Hamas the ‘terrorist’ label. We could argue and speculate on how this is even acceptable. Did this grow out of fear on the Islamic state presence in both Gaza and Sinai? The fact that they are growing in Libya and even in other parts of North Africa is a nightmare scenario coming true (at http://www.washingtontimes.com/news/2014/nov/27/islamic-state-opening-front-in-north-africa/). There have been unconfirmed reports of Islamic State in Algeria, but if so, if they could start getting any level of hold in Morocco, then they are just a footstep away from Spain. That should scare the EEC plenty, they have no funds left to manage any event, and giving up Israel means that they get a little time to ‘clean up’ their border issues. This would be a step that is delusional in many ways. You see, Israel remains essential to balance in the Middle East. The Economic Judges took little notice of that part of the equation; just on the formality of what a terrorist is, (apparently blowing up Sbarro filled with civilians is not a terrorist act). By the way, did anyone notice how there dos not seem to be any paper explaining the formality in that legality? Just the fact that is was ‘a formality’.

The second quote is the one that seems to be a little debatable: “Netanyahu said that Israel and western civilization were under attack from Iran and Islamic radicals, and that this attack also included Palestinian efforts to impose a solution that would endanger Israel’s security and place its future in danger“, one part should be (as I see it): “under attack from extreme supporters within the Iranian government and Islamic radicals“, which would be more correct. I do not believe all Iranian (at present) are like that, yet open support from Iran towards Hamas has been seen, these military elements seem to get some political protection, which proves my point (to some extent), yet I am not certain (or there is at least a decent level of doubt) that it does not blanket all political Iran as I see it. The fact that President Obama announced the possibility of an American Embassy in Tehran is not a bad thing, but these developments should be closely watched, because there is an issue. It is not the fact that this meeting was with Indiana Governor Mike Pence. The act that he is a Republican and that this meeting was absent of Democratic heavy weights might be fuel for speculation were the current Democratic administration stands. Especially as the White house was unwilling to confirm or deny it stance towards Israel. This has all the makings of a political issue that should be a moral one. Israel remains under siege from rockets on a nearly daily basis, it seems that people forget how the US reacted when there was some demolition going on in New York close to the corner of West Street and Liberty street. Let us not forget that this was ONE event. Israel has remained under attack for decades. Israel now has two generations under attack from rocket fire. These events cannot be compared, but perhaps the Americans can remember their anger on September 12th, which is the feeling Israel has had for a long time. It wants to survive plain and simple. It’s neighbour will continue to attack Israel, whilst Israel wants to survive, yet, in fairness, I must look towards the other side too. I believe there can be a Palestine WITHOUT Hamas. That is an option, but Hamas does not want it, it wants to lead and to do that, it must remove Israel. It is not a puzzle, it is a simple equation, one denies the existence of the other solution, so I must side with Israel and as such, as long as there is Hamas, there can be no Palestine. A situation now worsened with the existence of Islamic state in that area.

There is another view that I must bring forth. I am not sure if I can agree with it as there are a few parts that touch on items I never looked at (it is not a small document at http://www.academia.edu/5145129/Gunning_-_The_Conflict_and_the_Question_of_Engaging_with_Hamas_in_EUISS_CP124_European_Involvement_in_the_Arab-Israeli_Conflict), but it has views that are not invalid. As such, I call to attention to the following part “They could, for example, spell out the rewards that would be forthcoming for a new unity government that would share responsibility for delivering basic services and the rule of law in both the West Bank and Gaza“, this is found on page 41. I am not stating that this is happening, but when we consider the events, it is not that far a stretch to see that this might be part of a path that the EEC is currently treading. If so, they will soon see the other side of a terrorist organisation. It remains nice and talkative as long as steps in their direction are made; when that stops when THEY need to show progress there will be delays, miss-communication and other events. Then those big business judges will see innuendo towards ‘give us the rest or else‘, then what? When THEIR ego is in play, what will they decide then? Let us not forget that they are gambling with the existence of the state of Israel. When they are told, there are 10 solutions to this and ‘no’ is not an option, whilst they contemplate what the other 8 options are, when they suddenly realise it was a binary question with a ‘no’ and a ‘yes’, the other 8 solutions never existed in the first place, then what? They might not have pulled the trigger, but they are skating towards the end of Israel for the simple comfort of mind that never existed. You see, terrorists are extremists, they only cater to the view of ‘self’, with no regard of any other view. Israel is trying to survive, plain and simple, a war that continued from 1945 onwards.

Yet, there was also a spark of visibility (in other areas), that gave me pause to consider other dimensions. Not in regarding to what goes boom, but in another direction. In the same way that we look at the EEC decision of Hamas, there is a Jewish issue that the Jerusalem post shows, which gives us another part of this cloak. It is seen at http://www.jpost.com/Israel-Elections/Rabbi-Meir-Mazuz-responds-to-Rabbi-Cohens-attack-on-Yishai-385989. As we see a needed separation of politics and Law, we see an equal need to separate state from church (as many have always seen it in the US and other places). The quotes were “Rabbi Shalom Cohen, he should be well, is a great Torah scholar, a righteous man and a great intellectual, but he does not come down to the people and, therefore, he does not understand the common people”, “He has never held public office and served most of his career as a rabbi in yeshiva and a yeshiva dean, not as a halachic arbiter dealing with the questions of Jewish law that are brought to senior rabbis for a ruling” and “Mazuz seemingly referenced one of Cohen’s recent outbursts in which he said during a prayer service at the Western Wall for the welfare of IDF soldiers during Operation Protective Edge that Israel did not need an army because “It is God almighty who fights for Israel.”“. Now I am not debating the issues as they are, I feel not qualified to do so, but there are issues as they have always been in almost any religion. I would not elect a Rabbi to political office, for the same reasons I would not vote for the election of a Catholic in that same category, each having a slight radical, absolute view. A woman’s ‘right to choose’ abortion would end pretty much immediately, also, there would be a diminished view for defence and an increase or humanitarian needs and diplomacy. Yet, Diplomacy without military power could be regarded as either pointless, or useless. Diplomacy requires a stick to fight with when ‘the’ word is ignored. It is counterproductive when we know that the stick remains ignored and the diplomatic view is ignored completely when we know that there is no stick in the first place. This is the damage that Julian Assange created, which too many ignored. The anti-American league had a field day when they saw WHERE the US had made commitments, knowing where the stick was, toppled many American diplomatic endeavour, whilst they remained in the dark where the other sticks were. That view is only emphasised when we see the Jewish elections. How can the people be served without their military need for defence? Is that not counter to the Torah? If we know that the IDF abides by what is seen as “The Torah establishes the boundaries of what is permitted and forbidden in war for both individual and for society“, which gives us how Hamas waged war, yet the ‘legalised’ view of the EEC disregarded that overall view and reacted to, what I regard to be an economic view of judgement, which gives us the escalating issues. The added incentive here is that no one has actually give any visibility on how the ruling was made, on what legal premise is was founded, is this not strange too?

So, as we consider on who makes rulings on how judiciary choices are made, we must consider that the players have their own agenda. Whether we should consider how the law is seen (by some) and when we see how economies ad terrorists make decisions, in a morally biased way how, is any of it regarded as legal? Is there a boundary between those who fell from a rocket and those who fell through economic ‘treason’? How does that reflect differently on the victim? There is a famous quote we see Lee Marvin make in the movie ‘The Big red one’ (one of my five all-time war movies). There he states “We don’t murder; we kill“, I am certain that it did not matter to the one whose live we end, only to our own morality to pull the trigger. A morality a terrorist or a stockbroker for that matter does not seem to have.

You see, the sniper kills (or murders) for the protection of others, the terrorist and stockbroker acts for the wealth (or survival) of self at the expense of (all) others, elements of the same sides of two different coins.

So as the fur ball coughs up a Cheshire Cat, we must worry for the future, we all seem to disregard certain values and adhere to choices of our own survival, even if that requires us to realign our morality, just the slightest. As Saruman the White becomes Saruman of many colours, we see the fading of white, the finding of what was actually right and we lose ourselves into a world where we remove the fences that were there to protect us all. What happens next? I do not know, or even pretend to know, but I do worry, because 2015 is likely to be a year of turmoil, a year where we had to focus on a better economy, a side that might be pushed aside for whatever escalation comes next.

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December 24, 2014 · 09:14

Grinch anyone?

It is always nice that we can go on and on about the Grinch who stole the bankers bonus, or how the Hogfather looked at the vegetarian and how he believed it was all for the good of the pork chop. No!

None of that!

Today is the one day where we see people trying to be nice (the attempt at times is entertaining to watch). There is a fair amount of people doing good things, being extra nice. For example, there is a Miss (or Mister) Goody two shoes who opened the front door to Hotel Gitmo (at http://www.judicialwatch.org/blog/2014/12/oops-u-s-offers-5-mil-reward-al-qaeda-terrorist-released-gitmo/) and now, they are willing to pay 5 million to get one of their previous guests back. For those working at a Wal-Mart, it is rumoured that the money will be available in food stamps would you prefer it. So as Ibrahim al-Rubaysh is enjoying Christmas cheer (somewhere else), he is sorely needed in Hotel Gitmo, because he did not make his bed and that was a condition for a free stay at this hotel. By the way, it is said that he did not make his bed in Yemen either and that the sewage system is all blocked up because of it. Christopher Robinson whispered that to me whilst sharing a sandwich with hunney with me. Yet, our Christmas spirit might still be under scrutiny, at least that is how it is stated in the US. If we believe the source (at https://www.intellihub.com/new-resistance-film-expose-dangers-roundup-food-water-around-us/), then there is a new Christmas movie called ‘A new resistance‘, no it is nothing like Castle Wolfenstein and those bad German people who enjoyed getting shot, it is about a perfectly ‘harmless’ weedkiller, which is now showing to be not so safe or innocent. It is now stated that Glyphosate is not the safe product experts claimed it to be for 50 years. So, if you get sick, you will just have to drink the safe bottled water that rich people drink. If not, you get sick even more and you die! By the way, these rich people also drink a bubbly form of mineral water called Crystal. I never tried it, but it is stated to be the yummiest!

So as we got towards the Christmas cheer, the holy days, our bible (if you have one) or just be with your family one more time, then take a few seconds to contemplate what you will do in 2015. It is a scary world out there and I for one will consider what should be done and what I am able to do.

I have always believed in the words of Lord Baden Powell and for the most I always tried to live with that approach in my heart: “Leave this world a little better than you found it!”

I know, that for the most I have done just that, if you the reader can do that too in the balance of things, not next year, not next week, but just now, then this world will soon be a pretty magnificent place to live in. You see, you don’t have to fix it all, just leave it a little better, on the balance of all, it will fix everything one item at a time.

So, if this is my last story of the year I wish you all a Merry Christmas, a Happy New Year and we will continue this all in 2015.

PS, just to leave on a crazy note: If you haven’t figured out the most desirable moment (or person) for 2014, you have one week left to figure it out! So get to it!

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December 23, 2014 · 20:47

If it is your child?

This is the thought that is foremost on my mind as I was reading the article ‘EU court says Hamas should be removed from terror list’ (at http://www.reuters.com/article/2014/12/17/us-eu-hamas-courts-idUSKBN0JV0S020141217), when we read the quote “The Palestinian Islamist group Hamas should be removed from the European Union’s terrorist list, an EU court ruled on Wednesday“. I wonder if Israel would be willing to give housing to the children of these court officials, preferably in an area between Nir Oz and Ein Habsor, you see, these children would have an additional 32% chance of getting killed by Hamas rocket fire. I feel certain that the European court judges are truly dedicated to prove that during the coming year that Hamas is not a terrorist organisation and they should be willing to sacrifice their own children in the process, seems fair doesn’t it (especially as at present the second generation of children are now under daily threat of fire)?

If there is an unfortunate accident, we can send flowers stating that it was a mere industrial accident and we will be so sorry for their loss!

But that is not the reality, it seems that the thousands of missiles shot at Israeli citizens is just a simple show of… affection? So, when people try this in places like Strasbourg, will the 275,000 people consider it a sign of affection, or will they call it an act of terror? If we see the fallout in Martin Place, Sydney, where we watched a mere crazy person with a gun take hostages, where fatalities were found, the un-relentless reaction to innocent Muslims have not been in small numbers, how will the reaction be when we use the Hamas numbers? Some sources (unconfirmed) states that over 160 rockets were fired into Israel in August towards the Eshkol region (a decent reason to house the children of these judges there for a while), how would the people of Strasbourg or Sydney react at that point?

Israel has been faced with these attacks for years, the people in the EU court know that too, so how is it possible to use legislation to scrap Hamas from the terror list. Can we remove the Taliban or Al-Qaeda from that list too? I mean Al Qaeda only hurt two buildings and what are two buildings between two potential economic alliances? A building can be rebuilt, can’t it?

If this level of sarcasm upsets you (which it should), then consider how Israel feels as a terrorist organisation is removed from the terror list, For if Hamas does not need to be on that list, then neither should the Taliban (just ask the Pakistani parents who lost 132 children) and Al Qaeda (numerous family victims).

So, why was this step taken in the first place?

Is that not at the heart of the matter? These rulings happened in a time whilst Hamas is firing rockets into Israel. The question becomes now why this step was taking in the first place?

The reasoning is unclear, yet when we consider the text “The text was a compromise, representing divisions within the EU over how far to blame Israel for failing to agree peace terms“, it is questionable what the reasoning is. When we consider the cease fires in the past, they have always been broken by Hamas again and again.

When we consider the following text “Hamas says it is a legitimate resistance movement and contested the European Union’s decision in 2001 to include it on the terrorist list“, we must also consider the following:

  1. Hamas has intentionally been shooting hundreds of rockets aimed at a civilian population.
  2. Hamas has broken nearly every cease fire.
  3. Hamas has fired over 4,000 rockets into Israel in 2014 alone.

So, as Hamas is pleading for all kinds of aid, we must question how they are running out of materials for food and medication, whilst having enough money to buy explosives and materials for purchasing/building rockets. This has been going on for a long time, yet the European commission has stated now that Hamas is no longer a terrorist organisation. It gets to be a lot more fun (read hilarious), when we consider the following article from August 2014 ‘UN: Israel’s Refusal to Share Iron Dome with Hamas a War Crime‘ (at http://www.breakingisraelnews.com/19462/un-israels-refusal-share-iron-dome-hamas-war-crime/#4wYsjW25C8K9ZtWq.97), so not only is Hamas not a terrorist group, we should ‘share’ top tier technology with them so that their enemies can find a way around it? How is this even a sane idea? Remember, this is a group of people, hiding in schools and other locations that they share with civilians and they are firing missiles from public locations. Her quote “Pillay said that Israel’s actions in Gaza do not “absolve” Israel from what she deems legal violations“. When exactly would we, in general supposed to share technologies with those who attack us. I clearly remember Germany not sharing Enigma and the allies not sharing their radar technologies, perhaps that was a crime too? In that statement we also see “As of 2012, Iron Dome has a 90 percent success rate“, which implies that up to 400 rockets would not have been stopped, which had an impact on civilian casualties, would that not be a terrorist action?

But back to the European court, because the actual issue is still not dealt with. You see, they are bickering on ‘terrorist’ and ‘resistance’. In my personal view, Hamas might have been a resistance movement if they had attacked military objects, but I have some questions regarding these ‘European decision makers’. Perhaps they had forgotten, or people had hastily overlooked the events of Thursday August 9th 2001. Someone from Hamas went into Sbarro with a nail bomb and blew itself with 15 others up, 130 got injured, in addition public transportation was targeted (busses) and they were bombed in similar ways. The list goes on and on for a long time. So how are they not a terrorist group?

Perhaps it is about this part “It said if an appeal was brought before the EU’s top court, the European Court of Justice, the freeze of Hamas funds should continue until the legal process was complete“, yes, perhaps it is about the Hamas funds that are frozen, how much is that in total? It does go deep into the millions, yet how many millions does not seem to be openly registered anywhere (in any reliable way). In my view, this escalation can only go into one direction, Hamas will act out, sooner rather than later, if it brings enough Israeli casualties, it will shift a massive demand for the unjust extermination of Palestine’s on a near global base, whatever excuse used, the option “a legal ruling of the court based on procedural grounds”, will be cast aside by many nations, not just Israel. What follows could have been prevented; one must wonder how this came about in the first place.

It is my direct personal fear that these events are not about ‘procedures’ but on the need of ‘wooing’ whomever is speaking on behalf of Hamas and in regard to what they are offering to certain parties out of sight. This is all pure conjecture from my side, there are no hidden files and there is no one whispering secrets in my ears. With ISIS/ISIL in the mix within Gaza, the waters are about to become a lot more murky, in that regard is it not interesting that this procedural verdict had been passed too?

For the benefit of whom becomes the question? I wonder if we get the answer when it is too late.

 

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December 15, 2014 · 21:18

When movies fall short

There is nothing as intensely satisfying as when we are confronted with a reality that is a lot more entertaining than a movie would be. Those are moments you live for, that is unless you are a part of Sony and it is your system getting hacked. Life tends to suck just a little at that point.

This is not the latest story to look at, but in light of the elements that have been visibly resolved, it is the best one around. Some will state that the Hostage story in Martin’s Place, Sydney is the big issue, but that is an event that is getting milked for every second possible by the media, I checked! The price of chocolate remains unaffected, so let’s move on to Sony!

The first part is seen in the article ‘Sony hack would have challenged government defences – FBI’ (at http://www.theguardian.com/technology/2014/dec/12/sony-hack-government-defences-fbi), those who think it is new news seem to have forgotten the issues people had in May 2011 (at http://uk.playstation.com/psn/news/articles/detail/item369506/PSN-Qriocity-Service-Update/). “As the result of a criminal cyber-attack on the company’s data centre located in San Diego, California, USA, SNEI shut down the PlayStation Network and Qriocity services on 20 April 2011, in order for the company to undergo an investigation and make enhancements to the overall security of the network infrastructure” 77 million accounts were compromised and the perpetrators got away with a truckload of data.

So when we see the quote “The cyber-attack that crippled Sony Pictures, led to theft of confidential data and leak of movies on the internet would have challenged almost any cyber security measures, the US Federal Bureau of Investigation (FBI) has said“, we should consider the expression once bitten twice shy and not, when bitten use antiseptic, go into denial and let it be done to your network again.

The fact that this revolves around another branch of Sony is just ludicrous, it’s like listening to a prostitute stating that the sick man used the other entrance this time, so we need not worry! If you think that this is an over the top graphical expression, consider that twice in a row that the personal details of millions in the form of data ‘leaked’ to somewhere.

The second quote will not make you feel any safer ““In speaking with Sony and separately, the Mandiant security provider, the malware that was used would have slipped or probably got past 90% of internet defences that are out there today in private industry and [would have] challenged even state government,” Joseph Demarest, assistant director of the FBI’s cyber division told a US Senate hearing“, as we know that governments tend to be sloppy with their technology as they do not have the budgets the bulk of commercial enterprises get, we can look at the quote and regard the statement to be a less serious expression of ‘do we care’, which is nothing compared to the ignored need to keep personal data safe.

You see, commercial enterprises have gotten sloppy. getting newly graduates to look into a system where you need seasoned veterans and you need a knowledge base and a good setup, all factors that seem to be in ‘denial’ with a truckload of companies the size of Sony, as they are all cutting corners so that they can project revenue and contributions in line with the ‘market expectations’.

The quote that becomes interesting is “A link between Gop and North Korea has been muted over Pyongyang’s reaction to the Sony Pictures film The Interview, which depicts an assassination attempt on Kim Jong-un“, so is this group calling itself Guardians of Peace (Gop), the ‘simpleton’ group they are trivialised to be, or is there more. You see, we see a growing abundance of data collections that seem to go nowhere, but is this truly the case? You see, data is money, it is a currency that can be re-used several times, the question becomes, finding someone willing to buy it. If we regard the 2 billion Microsoft paid for Minecraft to be more than just the IP of the sandbox game, then what is it? Which part of that 2 billion is seen as value for the 120 million registered users on PC? Do you now see the currency we are confronted with?

In my book the Sony exercise is a display of the expression ‘a fool and his money are soon parted‘. In light of the 2011 issue, the fact that security was increased to the extent that it could be done again makes for entertainment on a new level, in addition, like a bad infomercial it does not stop here, no! For $9.95 you get so much more then you see now. That we see in the article that was published two days before that (at http://www.theguardian.com/technology/2014/dec/10/fbi-doubts-north-korea-link-sony-pictures-hack). The part that should make you howl like a hyena is seen here “The security firm hired by Sony to investigate the attack, FireEye, described the attack as an “unparalleled and well-planned crime, carried out by an organised group, for which neither SPE nor other companies could have been fully prepared” in a leaked report“, So did you notice ‘unparalleled and well-planned crime‘ and ‘leaked report‘, oh sarcasm, thy name be Miss Snigger Cackle!

The leaked report, which was from the 7th of December (at http://recode.net/2014/12/07/sony-describes-hack-attack-as-unprecedented/) gives us “demanding that organizations which have obtained the leaked information avoid publishing any more material from the hackers, and destroy existing copies. Boies called it “stolen information.”“, you see, the issue here is that if we consider the quote “This attack is unprecedented in nature. The malware was undetectable by industry standard antivirus software and was damaging and unique enough to cause the FBI to release a flash alert to warn other organizations of this critical threat“, so even after the malware, info was still going past the firewall, or was this just ‘leaked’ by an internal source? It takes a little twist when we look at the quote in the December 10th article “The malware had been signed and authorised by Sony Pictures, allowing it to bypass certain security checks“, in my mind this reads as follows: ‘Some idiot gave a pass to malware to roam free on the system‘, so is it that, or was this an internal operation all along? If the second part is true, then who was the beneficiary of all that private data? Who is it means for? You see, many forget that our information is not always for stealing from our credit cards, sometimes it is used to profile us, as a customer, as marketing or as leverage. Why the word leverage? Consider healthcare, consider usage, what happens when an insurance company gets to profile 20 million couch potatoes, what if your healthcare premium suddenly goes up by 15%, do you have any idea how much money that is? So as insurance companies keep the leveraged margins of charge, whilst overcharging risks in addition, we see a growing margin of profit for these insurance companies, whilst getting them to pay for what you are insured for has not gotten any easier has it?

So is this simply a cinematography from Sony Pictures film, called The Interview, which depicts an assassination attempt on Kim Jong-un, or was that the smoke screen? The FBI seems to have ruled out North Korea, as far as I have been able to tell, the only fans of North Korea are the North Koreans and Dennis Rodman (who has no fame in any IT endeavour), so is there enough doubt regarding the reality of what happened and why it happened? Yes, as I see it there is, the question becomes, when there is this much smoke, where are we not looking? That part is to some extent seen in another Guardian Article (at http://www.theguardian.com/film/2014/dec/12/hackers-attack-film-studios-sony-pictures-leak-cybersecurity-warning). We see this quote “Sean Sullivan, senior adviser and researcher at the security company F-Secure, said that he believes the purpose of the Sony hack was extortion. “If it was just hacktivists, they’d have released everything all at once,” he said. “But these releases, it’s like they’re shooting hostages. One thing one day, another the next. This is a really different tactic from what we usually see.”“, this is certainly plausible, but is that it? Why ransom of data and sell it back with the FBI and others on your tail, when you can sell it in Hong Kong, Bangkok, Riyadh and a host of other locations. A simple transaction for an external encrypted drive, a deal you can offer to ALL parties for amount X, the more you offer, the higher X is.

Whilst our data is sold on and on, we run additional risks of getting invoiced for our lives choices and extorted by other financial firms because our privacy is no longer a given in the age of data and it is directly linked to corporations that cannot clean up their act. In the mean time we see leaked report on impossible hack successes, whilst it took only one executive to ‘accidently’ sign and authorise a mere trinket of malware.

So yes, the movies are falling short; reality can be scary and entertaining all at the same time. The question becomes, will there be a change to our invoice of life because of corporate considerations, or lack there off?

 

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December 14, 2014 · 21:39

Where we disagree

There is another article in the Guardian; it was published almost 12 hours ago (at http://www.theguardian.com/business/2014/dec/14/deficit-problem-crisis-productivity-george-osborne). It is a good story, it gives a decent view, but I feel that I cannot agree. It must be said that this is all in the eyes of the beholder. The article is good and sound and many will adhere to this idea. Yet, I do not completely agree. Yes, all the facts are right, the view is not incorrect, but it feels incomplete. The first quote “The most important issue is the poor performance of the nation’s productivity, which, far from being improved, has almost certainly been exacerbated by the constant emphasis on the putative need for austerity”, now this is a decent view to have, it is an optional view, yet in my view the following com up:

  1. Productivity relies on orders; the UK is competing with its baby brother India where daily labour rates are decently below the hourly rate of a UK worker. That in itself is not enough, the EEC overall is pretty broke, no less than one in 10 has no job, it is driven up by Spain and Greece, yet after a long term most Europeans are very careful about where money is spend on. So which manufacturing industry is getting the few coins that do get spend?
  2. There is no reputed need to austerity; there is an overspending in excess of 1 trillion that needs to be addressed. We can bark high and low on the reasoning for it, but that water passed the bridge a long time ago, now the debt needs to be taken care of. The US, Japan and UK have a combined debt of 30 trillion of national debt, the UK is a little over 3% of all this, let’s make sure that when the two behemoths stumble into nothingness, the UK does not end up being the biggest debt of all (again just my view), yet I feel certain that the banks will be in charge of a nation with such debts.

Yes, productivity will take care of all it, but I believe that the debt needs more then productivity. It needs innovation and IP. They will drive true productivity. People forget about the innovators. Alan Turing is still regarded as the man behind the concept of Artificial intelligence. What was a fab in the 40’s became the driving power for the planet from the 90’s onward; let’s not forget the foundations for the computer. We seem to herald IBM and others, yet Professor Sir F.C. Williams was at the foundation of the driving force that became the behemoth for almost half a century and this wave is still going strong.

The new currency will be IP; innovation will drive the places of work, the places of sales and the filling of coffers (the empty bags currently in a corner of George Osborne’s office).

People keep on ignoring the need for innovation; I tried it twice in a previous job. The response remained almost the same ‘it works as it is, so leave it‘, that is the drive stopper that ends a future, although the early 1900’s did not have the need for IP, consider the history of the paperclip and Gem Manufacturing Ltd, a British company. They had the better design, but never registered the patent, which is why Johan Vaaler is often seen as the inventor. I am not debating the validity, yet he registered his patent. In those days the rights were approached a lot more liberal then now. Nowadays our lives are all about IP, patents and who it is registered to. Haven’t we learned anything in 115 years? No matter that we now enjoy an article that is not patented, in nice contrast to people who enjoy a life because the man behind finding a cure (read vaccine) for polio did intentionally decide not to patent it (Dr Jonas Salk, who deserves a sainthood for that act), our future for certain, our survival to some exaggerated extent is depending on IP. Need drives production, but who owns the article that is needed? That part I see ignored again and again.

William Keegan does not look at the IP side, because he focuses on the steps following it, yet those in this real rat race seems to silence the need to look at it as they talk about productivity and manufacturing, but the innovator behind it, the one designing the IP, that person is worth gold. Consider Microsoft paying 2 billion for a piece of IP called Minecraft. A simple game, looking the way Minecraft does, is worth the revenue the high end looking GTA-5 made. It is all about IP in gaming; it should be the same in nearly any industry, not just the one that got kicked off by Alan Turing and Professor Sir F.C. Williams. IP drives every computer industry, it became the centre piece in the jewel that is now called ‘Business Intelligence‘ and ‘Predictive Analytics‘, but we broke the system after that.

Why was the system broken?

It is a broken system that is now illuminated in its flaws by people like Sir Kenneth Robinson and Brian Blessed. We ignored for too long that IP and innovation requires creativity. As Universities have been pushing logic and business, they forgot that the future tends to be created in the arts. Creativity is the driving force for any future, whatever is produced after this required a need for IP. It is a chicken and the egg issue, will the thought create the idea or is the idea the drive for creation? As I see it, this drive needs an artistic side, a side I was never any good in, but the best futures will need an artistic hand. It is shown into the massive amounts of IP the gaming industry manages. People might wonder why I keep on coming back to the gaming industry.

The answer is simple Games have driven a trillion dollar industry (totalled). Commodore Business Machines (C-64, Amiga) Atari (2600,800, ST), Creative Labs (soundcard), The consoles that followed by Nintendo, Sony, SEGA and Microsoft and the list goes on and on, all from creativity. Even the military sees the essential need of creativity. Consider the text “Space-based Missile Defense: Advancing Creativity“, it is at the heart of everything, so many forgot about that, those in charge forgot about that part. It is why my vote for Cambridge chancellor would not have been for Lord Sainsbury of Turville, but for Brian Blessed. Lord Sainsbury is not a wrong person, or a bad choice. As I see it, all our futures require a much stronger drive towards the arts and creativity. In my crazy creative view photography was invented in 1642 by a Dutchman named Rembrandt van Rijn; his visionary view came 200 years before the chemicals were invented, if you want evidence? It is in the Rijksmuseum and they call it ‘the Nightwatch’.

 

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December 12, 2014 · 11:44

Is it all Greek to you?

Let’s take a look at the issues!

First there is Bloomberg who on April 11th headlined ‘Greek Bond Sale Tops $4 Billion in Return to Markets’ (at http://www.bloomberg.com/news/2014-04-10/greece-readies-bond-sale-as-athens-car-bomb-reminds-of-upheaval.html), a nation with 11 million have notched up their debt by hundreds of billions, no options at present to repay it and again they are allowed to push new bonds into the market.

My first issue: I want to see a list of names of people that allowed for this. There will be no excuse, no non-clarity; they are to be presented by a panel of economists explaining the rationale for this and it should be presented live! (I wonder how long it will be until we hear ‘carefully phrased denials on lack of clarity‘ in regards to who drove this).

I already gave my view on May 18th on my article ‘Are we getting played?‘ (at https://lawlordtobe.com/2014/05/18/are-we-getting-played/), where I stated: “The investor relies on information like credit ratings (from places like S&P and Moody for example) to make an assessment on how realistic the investment is. The fact that almost a month later the quote ‘Greek lenders are likely to face large losses over the next two years’ is seen, gives rise to the question whether any upgrade to the credit rating was valid“.

It seems clear to me that Greece is unable to manage its economy, its debts and its options to repay the debts. Can we please have a vote whether Greek economic affairs should as per January 1st 2015 be managed by either Germany or Turkey (Turkey is not that great an idea, that’s just me being mean)? It seems clear to me, for a long time now, that pouring money into a hole, whilst people keep digging themselves deeper will not result in any resolution. There has been clear evidence of gross negligence for over a decade; as such other measures will be required.

The Bloomberg article states: “Greece today took one more decisive step toward exiting the crisis,” Samaras said. “International markets are now expressing in the most undoubted way possible their confidence in the Greek economy”, I state that this is not the case, Greece is nothing more than an upgraded vulture option, todays information clearly sees this, let’s just be clear, this is just a little over 6 months AFTER that so called vote of confidence.

The second part we see with “The government and European Union predict that the Greek economy will expand 0.6 percent in 2014 after six consecutive years of contraction that has cost about a quarter of the nation’s economic output and sent the unemployment rate surging” I believe we are being intentionally misinformed here. If we look at http://www.tradingeconomics.com/greece/gdp-growth-annual, we see that this year Greece’s GDP annual growth rate is growing by 1.9%, a growth of 1.5% in a year, whilst this nation is in such disarray, such debts and such levels of unemployment, there is, what I see to be an intentional attempt to misinform people. The standards used are no longer applicable. With a little over 1 out of 4 without a job, this nation is a mess; numbers are withheld, or misrepresented, not unlike the entire Goldman Sachs issue in 2010. If you doubt my word against that of those economic ‘boffins’, then look at today’s news.

 

We see ‘Grexit fears send Greek bonds and shares sliding‘, which the Guardian stated 10 hours ago. The quote “The Greek stock market is plunging to new depths, after the prime minister issued dire warnings of chaos ahead if his party were ejected from power“, as well as “Greek Prime Minister Antonis Samaras on Thursday accused opposition SYRIZA of bringing back Grexit fears and sending a message to the markets not to lend to the country by declaring its sovereign debt unsustainable“. By the way, in my view, the debt was never sustainable. When we consider 300 billion, over 11 million, we see that every Greek needs to bring 27,300 to the table, one out of four has no job, so that costs extra, as well as bring the cost per working Greek now to a little over 33,000. If the average Greek brings home a little less than 10,000, you can see that they come up short by a lot. By the way at 5%, the interest to be brought in would be 20% of a Greek income, whilst at present Greece cannot even properly budget its nations. So, as we look at these numbers, can anyone explain how Greece considers its debt to be sustainable?

Those who allowed Greece to fall in this deep hole should be made public and named, and we are talking Greek names here. Someone signed up for unrealistic debts, misrepresented presentations and the Greek government presented it. The Greek people have a right to know who were behind this titanic blunder. The fact that Austerity measures are not kept and the system is not cleaned up only helps to make a case that Greece should not be allowed to continue to be part of the EEC, because at present they are not in a small measure, the risk, which they could now enable the Euro to collapse completely.

If we consider the reasoning of a quickened election by PM Samaras and the message “Athens exchange has now tumbled by 7%, meaning it has shed 20% of its value since Samaras decided to accelerate the presidential election to next week“, we should wonder why this change is now being made. There are conjectures in play too (partially by me at this point). When we consider another (non proven source, at http://www.zerohedge.com/category/tags/greece), we see ‘Greece Suffers Biggest 3-Day Crash In 27 Years‘, here we see the quote “Did we just get a glimpse of the ugly reality hiding behind the veil of status-quo-maintaining central-bank-sponsored manipulation?“, I have written similar thoughts, but mine were not founded on economic knowledge, just on the data I looked at. One response there was “Central bankers have lied to a false prosperity and zero interest rates as if there is no risk remaining“, which is in line of what I have noticed with economies all over the EEC, I call it ‘managed bad news‘, which seems more apt, but when we see a 20% crater in what is laughingly called ‘Greek valued bonds’, my euphemism of carefully cautious labelling can be thrown out of the front door and perhaps it should be called ‘intentional manipulation for the profit of a few‘. Proving that part takes a little more time, yet those behind the curtain will not be held to account in any way, shape or form and legislating these events seems to be a large ‘No No!’ as well.

So where to look?

Well, if we look at the news CNBC gave us on November 19th, we see “Yields this week have not reached the 9 percent level hit in mid-October when negative sentiment surrounding Greece spread to global markets. However, rising debt yields do highlight that the country’s economic woes are far from over, with a crucial deadline in early December looming large on the horizon” (at http://www.cnbc.com/id/102198319), we also see the following quote “The country managed to exit recession this year and post a positive gross domestic product (GDP) figure last week, but political wrangling has continued nonetheless“, so ‘manage to post a positive…‘, positive by what standards, as well as the part ‘managed’, managed how? Through manufacturing or through manufacturing the books (aka cooking them) with possible assistance from Goldman Sachs or a like-minded institution? The lack of clarity as well as the lack of clear numbers give pause to consider how bad an idea it was to let them back onto the bond market last April.

The final part we get from the Guardian (at http://www.theguardian.com/business/live/2014/dec/11/russia-central-bank-interest-rate-hike-ecb-loans-live#block-54899bc7e4b09dc257b7f1fe), where we see “The 10-year Greek bond is now yielding over 9%, up from 8.7% last night. And the three year bond is now yielding more than 10%, as nervous investors demand a bigger premium for holding debt that matures sooner“, so from a mere 5% to almost 11%, doubling the dividends, is ‘sponsored manipulation‘ THAT far-fetched? I want to see names of those behind the curtains, they are no Wizard of Oz, they are what used to be called the ‘Gnomes of Zurich‘, yet in this day and age, they are virtual, and none of them reside in Zurich, that’s just too old school.

In the end where it their (and our) money, in the form of dividend going to?

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