Category Archives: Finance

August 27, 2014 · 11:10

Which coin?

This morning I was confronted with my own thoughts of the last few days. I am not stating anything new (at least I hope so). The American issues, the overly visible multi-billion dollar deals and a few other notions. It started earlier this week when I heard that a friend was made redundant. These things happen. It happened to me, it will happen to others too. The issue I had is that for a decent long time we have known that companies for the most are not too bothered with loyalty, for them it is about the bottom dollar, what is interesting is that they tend to DEMAND loyalty to a fault until they cut away the people who loyally served them, in some cases for decades, only to replace them with ignorant junior staff members often costing them less than 50% of whatever they are paying now. This is not new, this had been going on for some time and they do it nice and legal, at times segregating a staff member in a niche position, waiting a year, if that person had been around a long time even two year and then closing down that department, which saves them years of due income in settlements.

Weirdly enough, yesterday’s story about the bankruptcy of America is linked to all that. You see, this entire issue can be reduced to two coins. One coin is the government, on one side we see the view they have of companies and the other side is how companies really are. The second coin is how we see companies and the other side is how companies turn out to be. They are not the same coin, they are an entirely different currency all together!

That is the view the older generation does not seem to comprehend and what the younger generation takes for granted. However, the long term consequence is that companies will end up having the short stick in all this (but about that side more a little later).

Let us take a look at coin number one. The government coin!

Companies, for the most have considered themselves nationalistic, it gives them an identity and also the protection of the government branch should that ever be needed. There is Woolworths, the Australian place to get your Groceries; there is General Motors, an American Company, British Telecom a British company and so on. These are actually the old times, we and with us our governments have had this image. To some extent, an Ambassador still to some degree acts as an intermediary between cooperative businesses to promote trade. So companies get the support of a government enabling them to have easier access to business opportunities. Their importance goes back to the Italian renaissance, more notably when Vittore Carpaccio painted the ‘Legend of Saint Ursula‘ series; they are called Arrival of the Ambassadors, The Departure of the Ambassadors and The Return of the Ambassadors. Ambassadors were the dream of business as they opened doors for trade to commence and increase.

Today this is no longer the case, business has no affiliation to any government when times are good (when times are bad they whine for money and tax breaks), actually they always whine for tax breaks. You see, a company as many can see have only allegiance to their board of directors and the bottom line that they worship in a spread sheet. Today’s corporations are not linked to a nation or a location. Google seems to be the only honest one in that regard. They do not call themselves an American company, but a Global company. Their concept of location is fluid, it shapes to the need of tax relief and where the fastest servers are to acquire the data handed to them by well over a billion people on a daily basis. Yet, this is not about Google! This is about the way business is allowed to be done. In my view it has something to do with spineless politicians (not just in America by the way). As companies were allowed too many degrees of freedom, they opted personal need and gain instead of the greater good. This is not wrong or illegal, yet they use the facilities offered for them with all the freedom, which by the way is as it should be for the most and at the same time these companies syphoned billion through a multitude of tax shelter constructions, all perfectly legal. Did you know that hundreds of millions of people buy their downloads in Ireland?

An option to promote trade has for the better part of almost two decades been used to avoid taxation, not to improve trade and/or long term economic benefits (well they are, but only for the board of directors). The greed economy had been turned against the governments, most not willing to change in fear that they will walk away. This is one of the main reasons why America is basically bankrupt and not just America. Many of the commonwealth nations, amongst them Australia, United Kingdom and Canada who are feeling the effects of people buying online and these governments end up getting $0.00 in any form of taxation whilst the stores are shutting down one by one. HMV and the Virgin Megastores were likely two of the most visible victims of online retail changes, yet the online purchases ended up not having taxation of any kind, which does mean that a nation’s government is losing out.

My initial solution was to make a change that made any online purchase taxable in the land of the buyer, an idea that was never adopted, some thinking they ended up with more perhaps? But all lost out, as the e-Giants remained in tax sheltered nations. Particularly the US and UK missed out on hundreds of millions of tax dollars/pounds.

“Tax administrators face greater difficulties in enforcing tax laws and maintaining their community’s legitimate revenue base when dealing with international rather than domestic transactions, particularly when dealing with a jurisdiction that combines tax haven status with bank secrecy. Increasingly, tax haven regimes with bank secrecy laws in place are accessible to almost anyone with a modem and a computer“, which comes from Mr Carmody, Commissioner of Taxation. It was an Australian Taxation Office Media Release on November 11th 1997. So, this issue has been known for over FIFTEEN YEARS! Who else is late to the party? Well, that would be the United States of America, the United Kingdom, as far as I can tell Canada (not confirmed, due to a lack of knowledge of Canadian tax laws), Australia and this prestigious list goes on for a little while longer. Yes, we were getting played in a most auspicious way by whining, crying small minded board of director members on a global scale.

There is one more side to the first coin (source: http://www.internationaltaxreview.com/Article/3252311/VAT-considerations-for-e-commerce.html). The article subtitles drew me in ‘Nehal Radia considers the VAT implications of e-commerce and how taxpayers can take advantage‘. The article has a few good sides and they are worth reading about, but for me it helps illustrate another side, partially the fact that a view given here is not as I see it to be ‘the correct one’, which by the way, thuy were never debating.

Consider your own financial situation, you the reader. If you have a job, it is more than likely that you have not been getting too many job raises since 2012, yet overall, your rent, your food, your electricity and food bills did go up, in some cases by a sizeable amount. Now consider the quote “According to Forrester Research Inc., US e-commerce spending will increase by 13.4 % to US $262 billion this year, with an expected continuation in growth to $370 billion in 2017. In Western Europe, it is estimated that 2013 e-commerce spending will reach €128 billion ($165.5 billion), up by 14.3% from last year and with expectations of €191 billion ($247 billion) by 2017)“. Really? Do YOU have that much more to spend?

I do not think that this is the case at all, yet, I know Forrester and it is likely that these are indeed the numbers (if they did not make a weighting error). What seems to be happening is that e-Commerce is growing stronger and stronger as this group is avoiding VAT payments more and more, which means that shops are getting shut down as e-Commerce is passing onto you part of the VAT savings. Consider that VAT in the Netherlands is 21% and in Sweden 25%, how can a shop compete when these savings are to some extent passed onto the customer by the e-shop, whilst they can avoid VAT and they do not need a location with rent and electricity. Business views have skewed the market and governments are now losing out massively, whilst their own economy is also suffering under unfair competition practices.

If this is the first coin, I would call this currency ‘slow and asleep at the wheel’.

We are the second coin. Our view has for the most been to work hard, to get the job done and to bring home the bacon. It is a simple view, as we aim to be the ‘return on investment’; we create a comfortable pillow where we rest. Not because we are lazy, or because we do not do our part, but because we know that as long as we get it all done, our boss needs us. He had paid us a decent amount and as we are the cause for more income then we cost, we should all be in a great position. Guess what! We were stupid! Today’s management or better stated, whoever makes the coin decision tends not to be stupid, but to some extent short sighted. You see, he can get the same person in India, or that one person just leaving University, to do almost the same at half the price. Whatever ‘loyalty’ you think your boss has had towards you is no longer there, as we are no longer people we are just part of a spread sheet, as we cost more we get replaced to cost less as to not affect THEIR bottom line, which is usually their profit (read commission). There is of course an issue we should not forget, the economy is still bad, and yes, we have to accept that trimming the fat (the most costly employees) will also happen as some companies are drowning. They are now relying on image, without the revenue to support it. Yet, this is not about that side. The coin is on how we perceive on the company and how the company really is does matter, not how they do business. Is that so?

Is their corporate soul not depending on exactly how they do business?

It is hard to stay on this without getting into the debate on how companies sometimes make hard choices to stay afloat. It is more about the changed spirit of the business soul and how they hope that youthful ignorance might get them these 1-2 deals that keep them going. Yet there is a side which we seem to ignore. It is ‘interpretation’ of business.

Consider the Corporate Image Awards 2014 (something that was brought by the Frontier Consulting Group), a company that is actually an Indonesian company. In their ‘Corporate Image Survey Methodology 2014‘ they actually had a nice twist to this story. They stated for their fourth dimension called ‘attractiveness‘ two parameters, one was called ‘Dream workplace company‘ and the second one was labelled ‘Company with high quality employees‘. Here we see the crux. What is a high quality employee? One that looks dynamic (read 22-25), fast (read slim lined) and get the job done, which reads like within six hours and however many hours of unpaid time they need to finish the job before the deadline, or the veteran can actually get it all done in 6 hours. It is ‘the’ unspoken question that is here and is loudly ignored by those not willing to answer honestly and those who are very unwilling to admit the question, is actually a massive issue. ‘What is a high quality employee?’

I am left with two coins and a question. Are we, both the people and the government too slow to change, or are companies driving us to change in too inhumane ways to protect ‘their’ profit? I feel uncertain to answer it, there are unspoken sides that have not been dealt with and there is the need for greed by board members on a global scale which is yet to be properly scaled back, even in these uncertain financial times.

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Tagged as America, Arrival of the Ambassadors, Australia, Australian Taxation Office Media Release, bottom dollar, BTW, Carmody, Commissioner of Taxation, Corporate Image Awards 2014, Departure of the Ambassadors, Forrester, Frontier Consulting Group, google, government, Ireland, Legend of Saint Ursula, Moms, Nehal Radia, Netherlands, Sweden, Tax Shelters, The Return of the Ambassadors, UK, USA, VAT, Vittore Carpaccio

August 26, 2014 · 12:03

About America, chapter 11

This is a short story; it is not part of a novel where you have seen the first 10 chapters. This is in all seriousness an issue when we consider Code of Laws of the United States, United States Code, number 11 deals with bankruptcy.

So why take my word for this? Why am I right, when every journalist, every economist claims that this is not the case? How diluted am I to think this?

These are all valid question. Now consider the facts. The US treasury (from various sources) had collected in 2013 around 2,700 billion dollars. This seems like a lot, yet the budget as President Obama stipulated in 2012, the budget had spending set to around 3,800 billion dollar, so the US is already 1 trillion short. If we consider the total US debt at 18 trillion, meaning 18,000 billion, then the total debt would need 100% of all taxation for 6 years, an act that is totally unrealistic.

Now take this to your own homestead. I remember that I could never get a loan for a mortgage for more than 4 annual incomes. Now, this is like comparing apples to oranges, but is my train of thought so far out of bounds? It is my view that these seemingly ‘clever’ economists have been rolling their gambling dice in several ways for too long.

Consider the Dow Jones Index. We get fed the line that the economy is good, because 30 companies are doing ‘well’. Ever since the ‘dip’ it took in 2009 to 6547 (at http://stockcharts.com/freecharts/historical/djia1900.html), the Dow has ‘restored’ itself to 16743 (as per now). So, in the time when all was well, before the first economic collapse in 2004, when the Dow was 11722, and until the second collapse in 2008 when the Dow went from 14164 to 6547 in 2009, we now are in a time when many in the US are down on their luck and finances, when many all over the world are feeling the brunt of recession and other financial calamities, the almighty Dow is at 16743.

Is anyone considering the notion on how dislodged the entire Dow Jones concept is in regards to the reality of life?

Consider the following information:

– Amazon is buying Twitch for a billion Dollars in cash (at http://www.theverge.com/2014/8/25/6066509/why-it-makes-sense-for-amazon-to-buy-twitch)

– Roche to buy U.S. biotech firm InterMune for $8.3 billion in cash (at http://www.reuters.com/article/2014/08/24/us-intermune-roche-idUSKBN0GO0PI20140824)

These are two of several (read dozens) of large shopping sprees, throwing cash around like it is nothing and as these billions come into the other parties’ hands, what taxation ends up getting paid? This is at the heart of the founding issue that should keep our minds busy ‘Is America Bankrupt?’

There are two sides. First there is the Sovereign Default. No matter how you twist or turn it, if a nation cannot pay its debt, it will default and should be seen bankrupt. A good example is Greece. After Europe bailed out a nation with 11 million people, by ‘giving’ it well over 300 billion, it is still complaining. The reality is that it should have been allowed to go under in bankruptcy. Not because I like it, or because I have anything against Greece (in all honesty, Crete is one of the loveliest places I ever saw). The natural cycle of economy has been ‘arranged’ (I would call it mismanaged) into cycles of only good news. You talk to any farmer, they will all tell you that no field can survive on spring and summer alone, nature is all about balance and as we threw away balance, we started to undo our own prosperity.

It is said that a business is stated as ‘insolvent’ when its debts exceed its assets.

Is that not the case here? I have stated in the past that I have reservations about the true value of LIBOR.

If we continue the question: “How much money they need to borrow from their peers to plug any holes in their balance sheets and if they have an excess of available cash, how much they can afford to lend“, which is at the heart of LIBOR (at http://citywire.co.uk/money/qanda-what-is-libor-and-what-did-barclays-do-to-it/a600479), considering that the margins had been played with in the last two years, is the idea that the total valued amount has also been tweaked?

This is all based upon an availability of actual existing Cash. But the entire system is based upon a certain value of assets and goods, as I personally see it, I do not trust that list as it is dependent on the ego of honest bankers, which seems an impossible concept and no one can produce at any given moment an exact list of it. So what value exists in all reality (not in the eager mind of a commission driven banker)?

We now get back to the Dow Jones Index. If we consider the past (when life appeared good) and the now where most of have lost a lot (if not all), then is that index not artificially driven upwards? This is not just my view; several parties, including USA Today (at http://www.usatoday.com/story/opinion/2013/03/04/federal-reserve–quantitative-easing/1963539/) are showing us a view that shows an economic system that is driven upwards in artificial ways. So we now get a different view. Are all these mergers and multi-billion dollar deals we see regularly now on TV about growth, or about the top of the US industry that seems to leave the sinking ships before the system collapses.

This is at the centre of a few issues, where the US is rallying for ‘support’ whilst not showing one iota of accountability to get its budget under control. The last part is at the heart of the need to call the USA bankrupt (not because I desire it). It will cost many a lot, but is growth not depending on the downfall of others? If we consider that all together we are 100%, does our growth not depend on the need that someone else does less? That intertwining, where we ignore basic foundations that growth is not eternal, we see that there is a consequence to overinflating (yes, this also applies to my ego).

Yet, economists have time and time again stated that there is more here and there (whilst they point to virtual spaces). Now we see the heart of the problem, who has the actual 18 trillion that the US is down for? If we look at the oil links, should USA perhaps mean ‘Unionized Saudi Arabia‘? If we consider the real wealth, are they not the ones holding the oil reserves (one of the big four) and as such, the outstanding debt? I know it is not that simple, it never is, but when we ask a summary of where the debt lies; we will get some clever list from a highly educated economist and some excuse ‘that it is all a lot more complex then it looks‘.

He is not incorrect, but he is also not telling you who hold the 18 trillion the US had been spending in one way or another and as such, the realisation should now be upon you. If America is bankrupt, then what will happen next? Japan will pretty much be permanently out of commission and I reckon the UK will be in very deep waters, but we the Commonwealth must find a way to go it together if we are to survive.

It seems to me that America never realised that lesson, like several others, they all used to max out a credit card in virtual space whilst the actual, supporting currency is not there, so why has America not been declared bankrupt?

I reckon soon enough we will get more and more long winded talks, but in the end no one is sayng anything because those who will be making the speeches are at the heart of what went wrong and no one wants to hold on to that guilt when those left without their house ask them the question ‘where are my savings?‘.

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Tagged as America, citywire.co.uk, Crete, Dow, Dow Jones, Dow Jones Index, economic collapse, Greece, Japan, LIBOR, President Obama, reuters, stockcharts.com, theverge.com, UK, United States Code, US, US taxation, US Treasury, USA, USA today

August 21, 2014 · 11:17

A time to breath

I am just now taking a few minutes (roughly 32.4) break from my UNI assignment. I have way to go and I should be OK to get it all done in time. These are also the moments when a person, no matter how driven to get the assignment done, will start worrying about the proper tense of it all. I procrastinate, he procrastinates, she procrastinates, we all look at Facebook, the Guardian, YouTube and whatever other non-University virtual place we can think of.

I do it every two hours to keep my mind slightly more alert than usual. Assignments can be dull dreary and often nerve wrecking and if we do not take a little look out of the window, we go bonkers (for Americans: that means ‘loony tunes’).

The topic of news are the beheading of a US reporter by ISIS, air strikes batter Hamas and something about Sainsbury and credit card fraud. If you do not know that ISIS is a massive threat, then feel free to hide back under your rock, if you think that there can be peace between Hamas and Israel, then please say hi to Professor Minerva McGonagall from me when you get back to Hogwarts and enjoy the ‘reality’ of magic, muggles and feast over the death of he-who-should-not-be-named.

The Sainsbury issue is however a massively different slice of pie, and I will take a bite out of that one. It is yesterday’s pie, but it seems to have the good taste of ‘are you for real?‘ whilst having a glass of ‘someone better start waking up soon there‘ (at http://www.theguardian.com/money/2014/aug/20/sainsburys-bank-security-fraud-transfer-credit-limit).

The first quote that I have an issue with is almost at the end of that article, where it states “Sainsbury’s, which has run its own banking operation since 2013, might now want to look at its security measures“. How about “Dear Sainsbury bank, in light of the information we currently have, we will feel a sense of utter joy to permanently shut you down in 48 hours if you do not wake the flip up and get your hat on straight! Kind regards the office of common sense and persecutors of dumb, dumber and the flatulently moronic”

This is not 2001 or 2003, it is 2013 and the dangers of cybercrime, identity fraud and other mismanaged works by those who acquire that what others own, has been in operation since the late 90’s and the article, if correct has all the makings of a new season of ‘the Office‘.

The quote “At no time was I asked the further security questions that only I could answer“, which implies that the security of ones birthdate is as dangerous as it is futile. Many people seem to hand over that information to Facebook (that open message and personal detail place which was created in 2004). The fact that the automation and security process of commonwealth welfare is stellar-sized more advanced above the implied security of the Sainsbury bank should give credit to levels of Howling laughter from Edinburgh (random place to the north), which the people in London would hear.

So, that’s enough rant for a few minutes!

The issue remains how ‘a bank’ had not been vetted beyond the points of common cyber sense, as well as allow certain changes (like increasing credit limit) other than in person to the place where the credit was offered in the first place. I must stress out here, that I am going by the Guardian article, so if their information is incomplete, then so will be the info you read here. Yet, if we see some place called ‘the northern echo’ (at http://www.thenorthernecho.co.uk/news/8423732.Sainsbury___s_hit_by_credit_card_scam/), then we see more issues with Sainsbury and well before 2013, which means that there is at least one watchdog that seems to be asleep at the helm. A quote from the echo is “The court heard that the scam was costing Sainsbury’s £12,000 a week in the North- East alone“, which implies that it is costing them a bundle, so we should take a step back and wonder how asleep some of these people are.

There is however a larger issue that is not being addressed. We have seen that ATM’s have been the target of several options. In Australia, Westpac came with a novel idea that prevents someone adding a skimming slot in front of the card reader of an ATM that is quite ingenious (see pic),

but overall the ATM has not been too overly developed. There was a time when I saw that the AMEX cards had a hologram, but the newer systems which are all about waving in front of a scanner open up many other criminal endeavours of exploitation of your bank account. The fact that seems to be implied is that Sainsbury, even today, remains a decade behind is cause for massive concern. This all will give rise to the question on how long it will take, before insurance companies take enough offense and no longer pay banks for their shortcomings, then what?

Here is see instant fortune for the one innovator that can truly show us a new way on digital transactions that allow for a new (or upgraded) system that is about safety and security, not about speed of transaction. Consider that golden idea that will keep trillions of transactions safe. Even if you only get $0.01 per transaction, you would end up wealthier then Bill Gates in less than two years (greed tends to be a great motivator).

Is there anything we can do? Well, the Sainsbury issue is a little extreme, but overall banks are getting better at upgrading security, yet there are a few things you can do. First of all, limit the location of your card, so that you can only use it national. Yes, it looks so cool that you can use it all over Europe, but if you are stuck in Stratford-upon-Avon and you have yet to write your first book, then it is highly likely that you cannot afford distant travels, which means that your card only needs to work in the UK (or whatever country you live in). Second, cyber criminals tend to spy on your computer if they can. So, when you are not using your computer, shut it down. It seems so cool to have it ready at a moment’s notice, yet that thing actually uses a fair bit of electricity and when you are not using your computer at night, it could be used to see if you have passwords and account details somewhere. Not the thing you want to leave unattended. Today, people leaving their smartphone unattended (I mean no pin or password), which is even more reckless nowadays. Even having more ‘renowned’ apps are getting to be more and more questionable (reference to my ‘No Press, No Facebook!‘ blog of August 10^th), how long until someone slips in an app, to piggy onto some banks wave and pay app (a way to pay using the mobile phone by waving it in front of a scanner)? These are technologies that are possible today (whilst Sainsbury is an implied decade behind).

So, we should all take a moment to breath (except Sainsbury who apparently need to update their security) and consider the financial links we now have and when we last checked them for correctness of transactions, more important, what other card options do you have where people can too easily take your cash for a ride? I am referring to possible fuel cards, book club cards and other cards where you do not get the invoice immediately, so you might get a nasty sting when you open ‘that’ letter next week wondering when you had that complementary 50 pound dinner as a new member. It is the unspoken danger of having too much info on open social media, some banks seem not to have been updated and likely other providers could well be lacking in security procedures too.

Did you take time to breath?

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Tagged as credit cards, Facebook, fuel cards, Gaza, Hamas, ISIS, Israel, Sainsbury, Sainsbury bank, the Guardian, the Northern echo, the Office

August 10, 2014 · 18:42

The second exploitation

It is always nice to see business to take a look at others and see how they can profit. As The US had to increase its Intelligence spending from 2004 onwards, many of us saw the outrageous amounts that the taxpayer had to dish out for intelligence resources. The biggest drain was not the need for more men, but the simple fact that much of the Intelligence community went private and those intelligence officers who were making on average $72333 year, suddenly in the private sector were asking for $172333. It was a simple ask and demand issue. This has gone on for some time and now we see how others are picking up the idea.

It is Sky News who informed us (at http://news.sky.com/story/1310468/nhs-hospital-paid-1800-a-day-for-nurse) on something so outrageous, that for a moment I thought they had just copied and pasted news from the Telegraph (the truth is far more shocking).

The first quote should be a massive wakeup call “On May Day Bank Holiday this year a locum agency was paid more than £1,800 to supply a nurse for a 12-hour shift, new figures show“, so a group that does not get anywhere near such an income supplies more funds for one day then most nurses will ever make in a week. Can anyone please explain that to me?

I know that I had given the answer in the beginning of this blog, yet in my blog of June 19th ‘Concerning the Commonwealth‘ I wrote “if we look at the NHS, then staffing and expertise are also a worry, which is by the way a worry in many Commonwealth Nations. Most of these nations have well over 5% unemployed; can some not be re-schooled in the healthcare sector?” Of course, that was after the event and long before Sky News wrote their article, yet overall, just as we saw on the mismanaged 111 helpline; it seems that hospital resources are not budgeted correctly either. You see, when we look at budgets, we think of coin and cost. It seems that most people think in that same way. Yet, hours and staffing is also a budget we must keep. The fact that we for some reason suddenly need to pay 1800 pound for a 12 hour shift comes down to the cost of a full day plumber (or the equivalent of two QC’s).

Yet the article is also lacking, WHY was this action taken? Perhaps there were valid (or better stated a host of) actions that resulted towards this choice. So, not unlike the Telegraph, we should ask the questions in regards to these events as they are told to us. This is why I decided to hold on to this, as it was clear that there was more to this than meets the eye. My initial response: ‘Bad Sky News, bad!‘ (Especially as the health strikes were already going on).

It is now, today August 10th that I see an article of the Guardian that does more than just put the Sky News article to shame. I am not debating whether the article was true, but it seems that there are sides that certain people are never happy to inform the others about.

This part is now seen (at http://www.theguardian.com/society/2014/aug/09/former-nhs-carers-intensify-strike-over-pay). If I read this correctly then these people are making just above minimum wage, yet these people are doing intense work, needing to keep a mind of everything (especially physicians at times), whilst making no more than the brain dead fast food counter staff tends to make. How is this even close to acceptable?

Perhaps Sky News did stumble upon something, but they ignored the other side. So at 7 pounds, a nurse makes 280 pounds pre taxation. If that person was staying at a homeless hostel, she would lose out on 105, which gives her 175 to live on for a week, which is 25 pounds a day, take in consideration underground, busses and such, which makes for another fiver down the sewage (as they would rightfully see it). So how can ANYONE live on less than 20 pounds a day? Remember, this still needs to account for food, clothing and a few other items.

There is no denying that leaving the NHS in private hands is worse than just a bad idea. It could be the first onset of death for healthcare in the UK. As politicians have wasted in excess of 15 billion pounds on failed approaches to healthcare, why think that the private sector (a greed and profit driven entity) would do better to the cost and even more disgraceful, better to the people it is supposed to take care of?

The article has a clear quote that shows the danger people face: “Once they have squeezed out the state sector, and the third sector, we will then see prices rise; then we will see profits; then we will see these tax-efficient structures working.” This is a clear ‘divide and conquer’ approach, a method, might I remind the reader of that has been around Julius Caesar, so long before Nicola Machiavelli decided to become devious. Attached to this is that as more and more cost cutting solutions are born, ‘surviving’ on tax shelter operations, then the treasury coffers will miss out on a lot more, which will just force a system of checks and balances which is no longer depending on any balance, it makes for a massively unbalanced future for both the people and the state.

The part that gets me is the people behind the strike “Fifty carers for the disabled are staging one of the longest strikes in the history of the health service to secure a living wage for staff working in privatised services formerly run by the NHS“. Have these people on minimum wage figured out what politicians, who make a lot more than that are ignoring?

The danger is that when (not if) the healthcare sector collapses, the fallout will be unimaginable. Those deciding on cutting costs (which by itself is not a bad idea), should also consider the dangers that follows. Government has health and medical options because (for now) it is not driven from a profit point of view, which is at the heart of this situation, this is not about cutting cost or making profit, this is about breaking even or losing an essential part of support for the living. When we are left to the devices of that what brings profit, we see the first steps into culling a population. It will not happen because they are killed, it will happen because services are no longer available. Then what will the government do, and who will they have to pay, or more interestingly, how much will it cost the government then?

Is that in any way a lesser form of murder?

The question becomes: ‘If a Service Level Agreement is set between government and the private sector, can any of these parties be prosecuted for murder?‘

You the reader will laugh now, which is fine, but when we see the first casualty because of these changes consider my words and consider how that person would still be alive if certain steps had not been taken.

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Tagged as 111 helpline, healthcare sector, Hostels, Julius Caesar, Minimum wage, NHS, Nicola Machiavelli, Nurses, private sector, Sky News, the Guardian, The Telegraph, US

August 1, 2014 · 12:12

Talking the Walk

Yes, today is an interesting day, in a time when we all have a notion of democracy; we must all wonder how much of a democracy is left. You see the freedom of choice and the choice in options means that the freedom given is also an inherent acceptance of accountability? If we make a small sidestep at this point, then I would like to take a step towards the Media Ethics as stated at mediaethicsmagazine.com.

There in the fall of 2008, T.L. Glasser and J.S. Ettema wrote an interesting article called ‘A Philosophy of Accountability for Journalism’, it is a good article to read and well worth reading (at http://www.mediaethicsmagazine.com/index.php/browse-back-issues/135-fall-2008/3639324-a-philosophy-of-accountability-for-journalism).

The initial line, as in any good academic article is right at the beginning, when we read “The problem of ethics in journalism, we want to argue, is not the inability of journalists to know right from wrong but their inability to talk articulately and reflectively about it“. I from the my viewpoint, for the point of view that many has seen as we see the ‘junk’ articles from Murdoch publications hit us is that the point given reads to many of us (roughly 99.32443% of them non-journalists) see the second phrased as “their inability to avoid accountability by speculate on the words of seemingly non-existent sources they will never reveal“.
What we get is gossip, branded as journalism, a speculative piece where no accountability will ever be required. This is for a lot of people at the heart of the need that the Leveson report would address, which is why Journalists in many nations, especially in the UK as a trade that had lost its integrity to many.
This is however not about the article, yet, I am mentioning it as the article is an excellent piece of work and the article actually is to some extent shows the moral compass within all of us. There is however one more quote that I will not go into now, but it has bearing on what comes next “which reminds us that discourse ethics does not involve a marketplace process which aggregates individual interests but a deliberative process which brings into existence common or shared interests“.

This is about today, the first day of a new day of default for Argentina (at http://www.theguardian.com/world/2014/jul/31/argentina-government-defiant-debt-default-axel-kicillof). We seem to have been all about the banks and their evil practices. I know, because I have been one of them. The question becomes, what happens when you accept doing business with a loan shark? I wrote about it in my blog ‘Changing the rules of Democracy‘ on July 27th.

When the IMF wanted to restructure debts in 2003, USA as stated stopped the IMF; I want to know the EXACT reasons why. Perhaps they are valid, perhaps not! I also reflected on the fact that someone went to the Vulture funds and signed a deal. What was that deal exactly and who signed it. You see, Argentina is not blameless here; at some point, there is a knock on the door and at that point, the bailiff will want his coin, which is pretty much what was settled in court.

The Guardian article raises a point through the following quote “Economists at the Washington-based Centre for Economic and Policy Research called on the US Congress to intervene, warning in a letter that Griesa’s decision to uphold the holdout investors claim could cause ‘unnecessary economic damage to the international financial system, as well as to US economic interests’“.

You see, in all fairness, is that acceptable? If a system is brought and evolves devoid of accountability, how can we ever get a better world? I have pressed for accountability on many sides. On the side of Journalism as I embrace the full Leveson report, on the side of the banks as their soulless acts have diminished the value of millions of account holders, yet here in this case, are they not on the morally higher ground? No matter how despicable Vulture funds might be regarded as, these people offered a deal on conditions of risk because no bank wanted them, or in the case of Argentina, as the USA seemingly prevented the IMF offering a deal.
Now, when the deal is due, the client requesting the deal is not willing to make payment. So, as the facts are shown, I have to be (alas) n the side of the vulture fund, who offered the deal. If not, then I myself must abandon the premise of accountability, which is pretty much not an option.
If we accept the implications of communicative rationality in the sphere of moral insight and normative validity as the setting for discourse ethics, then I would like to change it (mold it) into the following statement: “If we accept the implications of agreed contract terms of rationality in the sphere of moral choices and normative acceptance of a loan” then we are getting to the part why I added the Journalism article on accountability for journalism.
This I now link to the quote I mentioned from the Guardian article. This is the cost of doing business! Sometimes you win, sometimes you do not, but to go out in response to change the game, because there is a cost, then we have a new problem. Do not misunderstand me, if there is some kind of a bail-out deal, then that is fine, but it would be understandable if it comes at a cost, more important, it might have been avoided all together if the 2003 IMF deal had gone through, so why was the 2003 deal stopped?

I understand and I do not disagree that the Argentine government is stopping it all and taking the ‘default’ path, yet, that too will come at a cost. Accountability should prevail here too. Is it for the better or for the worst? That is a discussion that is speculated upon, but for now it is one that comes without a clear answer. So, I cannot, without clearly more evidence to agree with cabinet chief minister Jorge Capitanich here. You see, who signed for this all in 2003? It is the inherent consequence of governing. The bill is pushed forward, it is a dangerous game that the US is currently excelling at and so if you wonder on why I care about another deal for 1.5 billion dollars, it is mainly because this paves the way for America when it defaults on their 18,000 billion loans, then what?

When we see people hide behind statements like ‘too big to fail‘, you should also consider the fallout when things go wrong. Consider what once happened to the Dutch SNS bank and is now happening to the Argentinian economy, both impacts were felt in large ways and they are not even anywhere near the scale of the debt the US and Japan have. And as we mentioned Japan, is that not the fear many brokers have? If we see the text from Moody’s (at https://www.moodys.com/research/Moodys-Japanese-RMBS-and-ABS-default-rate-declined-in-April–PR_302652).

Someone or something seems to be pushing Japan along, holding them on the safe side for now. Yet, this economic high-wire act is nowhere near done and it is a long walk to go for now. When we read “For CMBS deals, Moody’s outlook for the next 6-12 months is negative, as it will be difficult to refinance defaulted loans with high loan-to-value ratios“, so as refinance is now getting harder and harder, consider the US bonds. Part of the US debt is also the ‘Interest Expense on the Debt Outstanding’ (at http://www.treasurydirect.gov/govt/reports/ir/ir_expense.htm), this is set for 2014 (up to October) to be almost $355 billion dollars. This is just the interest. At Bloomberg we see “The government will reduce net sales by $250 billion from the $1.2 trillion of bills, notes and bonds issued in fiscal 2012 ended Sept. 30“, this is clearly incomplete, as there is not mention of WHEN these bonds mature, but the overall sell of bonds will hit the US at some point. If we consider the CNS headline “$2,472,542,000,000: Record Taxation Through August; Deficit Still $755B“, so taxes are coming in, they are not enough as the deficit is around 30%, now consider that the due interest is going to be 15%-20% (because two months are currently not known) of all collected taxation. When the bonds are due, how much larger will the debt become?
I have mentioned it many times, but now as we see the reaction of fear as Argentina defaults, we cannot continue without seeing the threat and fear of Japan from defaulting, which will clearly push the US over the edge of that abyss too.

Here is where the issue becomes the dangers we fear. We seem to always mention that those who talk the talk should be walking the walk too. This has not been done by large by many, so now we talk the walk but no one is really accountable, making for a massively dangerous situation. If you even consider thinking that there is no danger here, try calling a Syrian hospital by telephone and ask them how they are doing. It might open your eyes really quick.

If we are to walk the walk then Argentina will default and we have a new situation, yet the unnamed danger is that ‘some’ deal will find its way, which is great for the Argentinian people, yet it also impacts the cost of doing business for all the other players. Have you consider the costs that this will bring everyone else?

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Tagged as A Philosophy of Accountability for Journalism, accountability, Argentina, bloomberg, cabinet chief minister Jorge Capitanich, democracy, IMF, J.S. Ettema, Jorge Capitanich, Leveson, Moody, Syria, T.L. Glasser, the Guardian, UK, US Congress, USA, Vulture Funds

July 22, 2014 · 11:55

8 Generations

I thought long about this and until this morning I had not made up my mind whether I would write this. You see, this is not based on facts (or at least extreme loosely facts), I had spoken to a priest about this, but as I see the article in the Guardian (at http://www.theguardian.com/commentisfree/2014/jul/21/five-biggest-threats-human-existence), I decided to write the story anyway.

Consider the notion, the one that Anders Sandberg wrote in his story “Not those who will live 200 years from now, but 1,000 or 10,000 years from now“. In my view the man might actually be an optimist. For the most we have been deceived so long (not by the fore mentioned writer), that we have not been heeding anyone’s word in matters of survivability.

What if we are ending the option of life the way we currently are? What if we have at the maximum only 8 generations left? Did you consider this? Why 8 generations? Well, the number is slightly random, we might actually only have 7 or even 6 generations left.

This train of thought started with two events. The second one is the one I wrote about in ‘Tusks!’ earlier this month. It was about the Ivory trade and how at this stage, elephants will be extinct in 15 years (a claim by the World Wildlife Federation). The first one was the news by several sources that Japan was intend on slaughtering whales again for ‘scientific’ purposes (at http://www.nbcnews.com/science/environment/experts-concerned-japans-talk-scientific-whaling-n156766). The interesting quote is “What bothers Clapham is that ‘whaling nations have said forever that they advocate sustainable whaling, and then they go on to ignore mounting evidence of population declines in the interests of profit’“. I must say that the IWC has not been overly outspoken in visibility of the numbers, some they have, some are estimates and it can all be found here: http://iwc.int/estimate. The numbers imply that between the two markers 1985-1991 and 1992-2003, the Minke Whales in the southern Hemisphere were ‘culled’ for almost 30%. That is a MASSIVE number! So far Japan has not produced ANY viable information on why whales have to die for their ‘research’. In my view, Japan has an obligation to openly produce the entire scientific data on the whales, with the spectrum of issues they want to prove/disprove by slaughtering whales. If they do not, it is only fair that we perform medical experimentations on the Japanese population in regards to resistance to radiation for the term 1944-1947 and 2010-2014. Will they wait until 30% of the population is ‘culled’ until they complain? I do reckon that national interest in Whale meat would likely go down.

Let us all remain calm and realise that this is not some anti-Japanese issue! But, the example is here for a reason!

The whale has a massive impact on the aquatic balance “When one species of animal that is important to the food chain dies it allows other species to thrive” (from whalefacts.org). In addition there is the quote “Studies have shown that the nutrients in sperm whale poop helps stimulate the growth of phytoplankton which pull carbon from the atmosphere to provide a cleaner and healthier breathing environment for all animals. Estimates state that as much as 400,000 tonnes of carbon are extracted from the air due to these whales each year!“, the whales also keep the krill population in balance, who in term deal with some of the carbon issues we create. Here is where it all becomes a bit weird. It seems that we, Homo Sapiens need Krill oil too. We have been taking massive amounts of it from the arctic and as such, we have denied the whales their food source. Another part is the quote “The adult Antarctic krill feeds preferentially on phytoplankton” implying that the whales themselves foster and nurture their own food source, making it a symbiotic relationship. “Several threats to Antarctic krill have been identified, including increasing commercial demand for krill oil and meal for the aquaculture, medical and cosmetic industries, as well as advancing technologies which enable much greater catches and quicker processing” show that we need the krill food source too, making the whale a competitor, as such, in conjunction with global warming (which removes the chances of successful Krill reproduction), should give us a larger pause then it is currently giving us.

All this has further consequences, as these two species are culled stronger and stronger, the predators in the arctic will end up with different needs. Like the whale, the Elephant has a similar impact. As the Lions and subsequent the Hyena’s lose this food source, they will have to pick on other sources. Consider that an elephant carcass will feed the pride for a week, taking them out means that they become solely dependent on the other species, which will then take a downturn in numbers too. How is all this linked to these 8 generations?

We have been feeding ourselves and through this our biosphere into extinction. The time we could have had to resolve issues are slowly and surely getting lost to us due to sheer greed! You do not have to believe me, but when was the last time you have beef without the fear of horse meat? Is it about profit (partially accepted as correct), or is this because veal is getting harder and harder to get? We see part of this at http://www.reuters.com/article/2014/05/23/us-usa-agriculture-inflation-idUSBREA4M0FI20140523, where it is stated that prices in the US are at a record high. They blame the drought, which might be true in part. Another side here is the fact that this planets population grew by 30% in the last 20 years, that is within two generations. This is the need to feed over one and a half billion more people. The US only grew by 22% in that time, but consider the given truth that you need greens and livestock to feed another 60 million and add obesity into the mix and you have the beginning of a food disaster.

It goes beyond food, which is the main event, but not the whole picture. The site IndexMundi is telling us, that the world requires 90 million barrels of oil EACH DAY! This number becomes an issue, when we know that the bulk of all oil comes from OPEC and the OPEC-12 reported in that same time a production of 31 million barrels a day. The entire world produces roughly 80 million barrels of oil a day, there seems to be the issue that we need more. Before you go into the idea that it is just oil, and like running water we have plenty. Think again, oil is begotten (for the lack of a better word), from the earth. These fields are finite plain and simple! If we take the following premise that over the last 12 years, we used on average 80 million barrels of oil a day and a barrel in 159 litres, then how much oil did we need to spawn? that number comes to 12.72 billion litres of oil each day for 4380 days, which gets us to a cube that is 59 Km by 59Km by 59Km. That is one massive cube and this is only for the last 12 years. If we accept that the atmosphere end (roughly) at 17Km, then we get an interesting rectangular cuboid which is just over 109 Kilometres long and wide reaching to the edge of our atmosphere (at twice the height of the Mount Everest). I think the picture is clearly shaping that we are seriously on route of consuming ourselves quite literally into extinction. That view is only enhanced when we see the extreme ways on how large companies are now trying to get a little more gas using shale gas methods of getting a little more out of rock. Do you think they would go this distance and setting themselves up to these dangers if it was not ‘essential’? The question becomes, is it greed, or is it finality that is getting us into these waters?

I do not claim to have the answers, but there is every indication that 8 generations might be optimistic. Yes, we see the words on ‘responsible’ fishing and on the need for other solutions. It was only last July when we saw on ABC the quote “Australia’s east coast is experiencing a chronic shortage of wheat and stocks could run out by November“. No matter what this precise reason is for that one newscast, we are confronted that a larger part of the 7 billion population (a 2012 number) needs bread on a daily basis. How much wheat is needed to make 7 billion buns of bread each day?

It is when we realise these astronomical numbers that we get a first inkling on the dangers we face when we hear the words ‘food’ and ‘shortage’ together. More important, what can we do to prevent the nightmare the eight generation will face once he/she arrives there. I am not the first one to make these claims and in many places, we see some ‘expert’ giving us numbers that it will not be such a harsh reality. Is that so? For decades global warming was ‘debunked’ by carefully selected ‘experts’ even today they are still trying to throw sand in many eyes to dissuade many from seeing the perilous times that lie ahead.

In this article I only raised two of the daily needs we face every day, what happens when we add the need for clean (healthy) water? Part of that was illustrated last February in the Guardian (at http://www.theguardian.com/environment/2014/feb/09/global-water-shortages-threat-terror-war).

The six areas in direct threat give us an indication that drought or not, we are in long term dire need for the one substance we cannot do without. If the human body needs 3 litres of water each day, then how will we get by on getting 21 billion litres of water each day for years to come? We all think too easy that this planet is 70% water. That water is not all fresh water and we have to share it with many other life forms (not just the fish). Feel free not to take my word on this. The WWF had this to say “By 2025, two-thirds of the world’s population may face water shortages”, that is just a decade from now, will this come to pass? Consider that the current population requires a body of water the size of the Dead Sea is not entirely comfortable when we consider the amounts of fresh water we have been polluting in recent years.

Time will tell, in the end we might not even get 8 generations to figure it out, however I always was an incurable optimist.

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Tagged as Adam Sandberg, Crude oil, Eliphants, food source, Japan, Krill oil, NBC News, OPEC, population, the Guardian, water, whalefacts.org, Whales, WWF

July 21, 2014 · 11:11

A political triptych

Whenever I see a trilogy I remember my first introduction to something in three parts. They were the works of Hieronymus Bosch. My earliest recollection of them was seeing his work with my own eyes when I was around 12 years old, making ‘triptych’ the most expensive word in my vocabulary in those early years. The events that have been at the centre of our lives lately seem to reflect the chaos we see in these famous triptychs.

First there is the issue I described earlier this week in ‘Here come the Drums!’. Russia has had an opportunity to throw ‘its’ image in several ways. Not because of me or because of the image it needs to have, but because of the image that it could have regardless of what the US claimed it to be. I was wrong! Whether Putin is as stupid as the US makes him out to be, or whether his advisers are working on self-serving needs is something only historians can decide upon. The fact that we see massive amounts of evidence that the local Donetsk population is giving the internet, the initial view (at http://www.youtube.com/watch?v=7fjpB5gw3iM) was nothing compared towards the anger we see clips where people are going through the debris (at http://www.youtube.com/watch?v=XGzcHd118mM). There were additional clips on how people were cheering on downing a plane and other issues of utter disrespect, which seems to have been removed from YouTube and seem too outrageous to add to this blog.

I should also revisit the comparison that I made with the question: ‘A lawyer walks into an insane asylum and hands an inmate a gun, who then kills the Warden of that place. Who is to blame?‘, I still feel it is relevant. The question was who supplied the BUK system, was it Russian, or was it captured? You see, in BOTH cases the international authorities should have been alerted to the dangers the area brought. It was the leaked conversation that angered many (including me). “Nikolay Kozitsin: That means they were carrying spies. They shouldn’t be f_cking flying. There is a war going on“, this baboon, or better stated, this baboon on Lysergic acid diethylamide is an army commander?

The fact that it was at an altitude of 30,000 feet should have been an indication that it could have been non-military. The events that follow, to the massive acts of disrespect and legal transgressions should have been a clear indicator that Russia should have stepped away from all this seems abundantly clear. Head my words, I am not stating that Russia had done anything wrong, the mere fact that it did not speak out loudly towards this transgression tarnishes them on (an undeserved) equal footing as Commander Nikolay Kozitsin. President Putin should have seen that one coming a mile away. This is nothing compared to the stupidity by Sky News shown on the Guardian (at http://www.theguardian.com/media/2014/jul/20/sky-news-presenter-brazier-mh17-luggage-crash), where Colin Brazier shows himself to be more ignorant then a first year Journalism student. His actions were met with outrage by fellow presenters Jacqui Oatley and Shelagh Fogarty. There is one correction that must be made, the initial information I had, was that the Data Flight Recorders (black boxes) were on route to Russia, whilst the information I currently have is that they had only recently been taken to Donetsk (at http://www.smh.com.au/world/mh17-black-boxes-under-rebel-watch-in-donetsk-according-to-separatist-leader-20140721-zv4lg.html). It seems only correct that I alter that part here.

There is another side to all this, as we see (at http://www.smh.com.au/world/john-kerry-says-us-has-enormous-amounts-of-evidence-linking-russia-with-mh17-disaster-20140721-zv4mz.html) that the MH17 disaster is linked to Russia, there are still questions that give worry to this. Yes, I agree that in my view Russia bares definite responsibility, not just by the possible SAM delivery (as the original is still in question), but the fact that the pro-Russian separatists were not stricken down in a verbal lashing from the Kremlin to give full cooperation, which is a much heavier transgression. Consider that these ‘pro-Russians’ would not listen, accept, or heed the words from Moscow; does that not make them simple terrorists? If that would be the case, how could Russia consider not distancing themselves from this disaster from the very first moment the events took place? If Russia is in league with these terrorists, then was the downing of MH17 not a clear act of war?

Is at the centre of it all?

Consider the financial situation the USA is currently facing, it is broke, which means it has no way to feed the war industry, which gives Moscow a distinctive advantage, if we accept that neither wants to go nuclear any day soon, then the acts of ‘sanctions’ is pretty much the biggest artillery the west can muster at present, even as we continue to see the results of acts within Donetsk. It is harder to tell whether I am right or wrong (I could be either), yet the inactions in Syria and now Eastern Ukraine seems to show a lack of directive from all NATO parties (not just the US). This all gives shape to the art on the left side of the Triptych.

The next issue is the one I also briefly touched upon, it is the escalating issues in Gaza, where it seems more and more clear that Israel has had enough of the threat Hamas has made over the last few years and the loss of support that Hamas is enjoying, as well as the US no longer having a clear and powerful hold over the region on an economic base is also a cause for Hamas to wonder whether their approach to issues would ever have worked to begin with. Now that Egypt is distancing itself more and more from Hamas, they are now hoping for a resolution through Qatar, where they seem to hope that the UN will be able to find options with the help of Sheikh Tamim bin Hamad Al Thani. The Sheik is a diplomatic force to be reckoned with, as a Sandhurst graduate, which is regarded as the finest military officer’s education in the world. The only issue that would remain is whether Hamas is in any way entitled to such distinctive representation. In one way, it might actually result in actual cease fire talks between Hamas and Israel; it is however also one of the final straws Hamas has left, if they decide to break that truce in any way, the results could not just end Hamas, it might actually end the options for any Palestinian Gaza. It could result in the biggest poker hand the Middle East has seen in a few decades. That and the option that progress could be in result will only emphasize the amounts of power lost to the US (who was utterly unable to make any headway here). It will also strengthen Qatarian influence over a larger portion of the Middle East, which could be exactly why Sheikh Tamim bin Hamad Al Thani might consider to assist in the matter as well as the motto he trained under ‘Serve to Lead‘. Achieving that might just leave the Academy General’s bursting with pride (the General who was leading the academy when the Sheik was a student there). If we go back to the Triptych, then this would be right side of the Triptych. So what is at the centre?

These two sides are linked to a much larger painting in the middle. It is without a doubt the economic sides we have seen overwhelming the left and the right side. It is not the economy of missile systems (which might be an implied reference), but it is the economic powers that are too scared to lose it all in a war, which is of course the smallest of reasons to consider war over, but it is a factor none the less. More important, it is the diminished economic power of the US that is centre on all this. It would be unfair to just refer to the US here, but the bulk of the EEC is in a worse shape than the US currently is, so that is why the US is still the central element in all this. Their inability to get control of their overspending is a massive reason for the ‘blame’ towards the US. But let us not forget that the UK is not without blame either. In its current shape (especially the massive debt) the UK is also lacking in power to set for the ‘demanding’ (or better stated ‘intensely requesting’) image that should be given towards Eastern Ukraine and Israel/Hamas in these matters. Even if we give the proper weight to the Guardian article on the GDP of the United Kingdom (at http://www.theguardian.com/business/2014/jul/20/gdp-surpass-pre-financial-crisis-level), the headline ‘GDP to surpass pre-financial crisis levels‘ is just an indicator and even though I admit that the UK is still getting back on the horse, the issue ‘ignored’ for now is that Gross Domestic Product is no real indicator of better times, only for now that this seems to indicate good times for the ‘rich’. People in the UK are still on massive levels of debt and that is not likely to change any day soon. There is still a shortage on jobs and those who do have a job are inclined to go along with outrageous amounts of legalised slave labour. Freedom comes at a price, or better stated, when big business rules (or massively influences) the actions of government, we see an unbalanced view on life and every inch they do not claim will come at another cost.

Here we see the elements of a triptych by Hieronymus Bosch. Either of the famous three of his triptychs could apply to the chaotic mess we are all facing. In the end there is enough imagery to debate which one is the best depiction. The economic sector would argue that we are in the triptych ‘The Garden of Earthly Delights‘, whilst the people under the pressures of this economy will counter that their fate is shown by the triptych ‘The Last Judgment‘. The view also reinforces the views outsiders have towards the entire economy. Partaking in it will always be better than watching the result on the outside looking in, because those on the outside will never get to partake in the game at all.

2014 might end up being a very decisive year for many of us!

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Tagged as Boeing 777, Colin Brazier, Donetsk, Hieronymus Bosch, Jacqui Oatley, MH17, Nikolay Kozitsin, President Putin, Qatar, Russia, Sandhurst, Serve to Lead, Sheikh Tamim bin Hamad Al Thani, Shelagh Fogarty, Sky News, the Guardian, triptych, US, USA, Youtube

July 8, 2014 · 10:04

To be deleted!

I stumbled upon an article by Kevin McKenna that was an interesting read. It was published last Sunday (at http://www.theguardian.com/commentisfree/2014/jul/05/google-right-to-be-forgotten-kevin-mckennas-own-confessions). The headline caught me at first stating “Don’t hide your dark side from Google. Much better to tell all“, which works out really well for Google, but what about the person? In his ‘journey’ as a starting Facebook user, this quote seems the strongest “And I realise with mounting horror that this is how real people with normal lives interact with each other and that it is I who am out of step once more. So I fear I may soon have to conclude my Facebook experiment before I alienate that dwindling band of those who still regard me with some fondness“, but as I see it, the article never ever goes anywhere near the issue why people want things to go away. The reference “we discovered that prominent people are beginning to deploy some arcane European privacy legislation to force Google to ‘forget’ about their historical misdemeanours“, sounds funny enough, but is that it? The following reference “American financier Stan O’Neal who helped drive his bank to ruination in 2007 were ‘deleted’“.

This sounds all fun, but is Google paying Kevin for this article? You see, Mr McKenna does not get within one mile of the actual issues, the dangers that Social media brought upon us all (many were likely never a consideration when Mark Zuckerberg came up with the idea to begin with).

We get the following from Forbes “But there’s another good reason for checking out a candidate’s Facebook page before inviting them in for an interview: it may be a fairly accurate reflection of how good they’ll be at the job” (at http://www.forbes.com/sites/kashmirhill/2012/03/05/facebook-can-tell-you-if-a-person-is-worth-hiring/). Here is the kicker: the workplace is riddled with people not really that great in sizing other people up, a fair chunk of them in HR and upper management. I have been around for a long time, and these people look at ‘presentation’. I have met my share of managers with ‘fuck all’ (pardon my French) idea of what actually needs to be done, like most sales people they will have a nice PowerPoint, and when reality hits, they will dump it on the people who will end up doing the actual job, which often enough is not them. In addition, we see recruiters who have no idea how to be a recruiter. I used to have one that never had anything for me and actually send ME the resume of others asking if I had a job for them. Really? These people will seek you out on Facebook and judge you for what YOUR FRIENDS will post on your page?

Mr McKenna has spent absolutely no words in that regard. To those youthful young undergrad recipients, Facebook could at this point be nothing less than a career death sentence; even if those around them know that those people will work their asses off getting it all done. That part is never on Facebook and they lost out on a job. Better stated: that corporation lost out on a person who would have been one of the best Returns On Investment EVER!

CNet adds a little more (at http://www.cnet.com/au/news/facebookers-beware-that-silly-update-can-cost-you-a-job/), here we see the headline “Study shows that companies have rejected 1 in 10 people between ages 16 and 34 because of something the person shared on social media“. CNet has graphics too, so check it out. It goes in the same direction as Forbes, but there is one quote that I have heard about, but never experienced, or met anyone who directly experienced it “In January, six states officially made it illegal for employers to ask their workers for passwords to their social media accounts“.

These people should reply with the fact that many agreements state the following “You must not reveal your password and must take reasonable steps to keep your password confidential and secure“, the very fact that personal privacy is transgressed to this degree is questionable, or is it?

In USA Today (and many other papers) we see the statement “Burglars use social media to target homes” (at http://www.usatoday.com/story/tech/columnist/komando/2014/01/03/social-media-identity-theft-home-videos/4248601/). It is not a new ploy, it has been around a little longer than that, but what is new is the linked approach that is slowly becoming visible.

Although at present, no ACTUAL events are currently documented, other than from the less reputable journalistic sources (Daily Mail and the Telegraph). There is more and more talk on how social media will influence your insurance claims. If you tweet your events, as might your children whilst on Vacation in a place ‘far away’, your local homestead might be missing several pricey items when you get home. Burglars keep their eyes on those who boast travel. It only takes one jealous school ‘friend’ for the parents to miss out on TV, Jewellery, computers and so forth. There is more and more talks on how insurance policies might not cover it in the near future and that mandatory alarm systems as well as spectacular premium rises are linked to these events.

So there is a massive need from many people to be forgotten all over the place!

A more long term consequence tells us (at http://healthissocial.com/healthcare-social-media-ethics/the-healthcare-insurance-impact-of-your-social-media-graph/), that social media goes so much further than that. As a data miner I have always seen this, but many are only now seeing the dangers. This article voices is perfectly by stating the following two thoughts:

“What if health insurance companies realized that with whom you associate may correlate to your health and thus risk?” and “What if your online behaviour indicated (directly or indirectly) your health behaviour – either psychiatric or otherwise?“, so not only could your health care cost spike, in some cases you might not be able to get coverage as you are considered too much of a risk factor. So a person’s unadulterated need, to speak out ‘Suicidal and standing on the edge‘, might in light of their upcoming ‘healthcare premium to be’, seriously consider taking that one final step at that point.

There is one quote I saw that covers the dangers of Social Media that we should all mind “Behind every successful student , there is a deactivated Facebook account“. The issue for us all is that there is genuine truth in that statement (or status). Not because of what the student does, but because of what others do with the data and with the image incorrectly reflected. In one account I took a look at his page had references to ‘Hash Brownies’ and ‘Funky mushrooms on his bacon and egg roll this morning’. The man is a Vegan with an utter dislike for chocolate (I tend to get his chockies around Easter). So, will he see his premium rise by insurances in the future? Because SOMEONE said so?

So Mr McKenna, The ‘right to be forgotten on Google’ is not a strange concept at all, in this day and age it might be the next essential thing if we are to move forward in an affordable way.Because at this point, there is every indication that our cost of living could quite soon be linked to social media data. The worst thing is that mined data just is, and what is taken for ‘granted’ often never is, that is the one part that no cleaning pass in data mining can provide for, whoever claims it can, is in my view clearly lying.

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Tagged as CNET, Daily Mail, Facebook, Forbes, google, Kevin McKenna, Mark Zuckerberg, mental health, social health, Social Media, the Guardian, The Telegraph, USA today

June 30, 2014 · 13:43

Exit strategies anyone?

Today is an interesting day. The article in the Guardian (at http://www.theguardian.com/world/2014/jun/28/european-union-exit-will-harm-britain-says-cbi) is well worth reading and in addition, I must state that I am not sure whether I have made up my mind what would be the best course of action. I have been on both sides of this and I am currently on the fence. First of all, the UK must do what is best for the UK and beyond that the UK should do what is best for the Commonwealth. I personally think that this is the status as it should be at the moment. The question becomes whether Europe is the best for the UK. I am not talking about the Juncker issue (even though that seems to be part of any decision), but where should we be? The headline states “EU exit will harm UK, says leading British industry group“, yes THEY will talk in their own interest, they always do. The Eurostat numbers are unconvincing (at http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/2-22012014-AP/EN/2-22012014-AP-EN.PDF), today’s reserved savings are tomorrows signal to abundantly overspend funds, that much has been seen again and again ever since 2009, when the taps should have been closed. This is also at the heart of the matter for what is best for the UK. And in all honesty, the UK has overspent their quota a fair bit too. Now we have a new issue. Up to 2013 we got to see a picture from some of the more decently reliable sources, yet, now later in 2014, there is almost nothing on the projected and actual numbers for 2013. There lies the hidden issue, it is not that there is little, there is too little information now, so who to believe. When governments are not boasting, they are definitely hiding some issues under the carpet and those issues will impact the UK too. I will not bore you with the numbers UKIP gives us (at http://www.ukipmeps.org/uploads/file/Cost_of_the_EU_25_5_11.pdf), they are talking their own brand of flavour, as would Prime Minister David Cameron, but where is the truth?

My benefit here is that I speak half a dozen languages, which gives me additional sources. The ‘Nederlands Dagblad‘ gives us (at http://www.nd.nl/artikelen/2014/februari/28/lagere-overheden-verwachten-te-hoog-tekort) the following: “Gemeenten, provincies en waterschappen verwachten dat hun begrotingstekort dit jaar uitkomt op 3,7 miljard euro. Dat is zeshonderd miljoen euro meer dan volgens de afgesproken norm mag” [translated] “Municipalities, counties and Water boards (a flood control and water resources management group) expect that their budget shortage will total at 3.7 billion, which is 600 million more than agreed upon“.

So the Dutch are already coming up short at present. This does not mean that this will be the end result! At http://www.bnr.nl/nieuws/beurs/487506-1302/liveblog-economie-krimpt-begrotingstekort-naar-33-procent-in-2013, we see the mention that the Dutch will have a budget shortage of 3.3% in 2013 and 3.4% in 2014. How much of this is correct, and when were some projections made?

We see the Dutch news on how the American economy is down 2.9% and that Bank managers are now getting a sizeable raises, yet the overall shortages of the Dutch is not really discussed on sites with above average reliability (like the NOS). The only one in a ‘happy happy joy joy’ position is Germany who now seems to have a budget surplus. Again, the harsh cuttings Germany did from 2010 onwards paid off, but they seem to be the only one. France deficit was set at 4.1% for 2014, so as we see the list grow, is it truly a good idea to stay in the Euro group? Industrials might think this, but they will not be confronted with the financial measures that will hit the UK and its taxpaying citizens. I was at first in the same boat where I thought that going out of the Euro was a bad idea, but as we see the growing concern of nearly all EEC countries going over the deficit limit, can the UK afford to stay in there? Moreover, will staying in until 2017 turn out to be a dangerous issue?

This is part of the issues, which I have stated before. When, not if the American economy goes over the edge, those in deep debt will get a new approach to humility. That part is still a dangerous situation for the UK as well (with a balance of almost minus 1.5 trillion). So, the dangers of additional debts from Europe would cripple the UK as well. This is as I see it part of the reason why the UKIP got such a huge success. The bulk of the politicians and all the other parties have been dancing around the economic situation. Most people have noticed it and 26 months of ‘feigned’ economic recovery is nice for the industrials, yet the people have not seen ANY improvements in their lives, which is the centrepiece of all the stress out there. This is part of the situation all are avoiding.

If we consider the Independent (at http://www.independent.co.uk/news/uk/politics/tony-blair-nigel-farage-and-ukip-are-deceiving-british-public-and-holding-back-the-unemployed-with-immigration-rhetoric-9472289.html) we see another side. I would be willing to agree with this, yet the voice of Ed Miliband is not giving decent clarity and David Cameron is voicing the need of big business (to a larger extent), they all are talking in their own fast lane and the people end up being not in any good place.

Even now, less than an hour ago, Ed Miliband is quoted by Reuters as ‘looking to shed the anti-business label‘, which gives a lot less security to the people. In this confusion Nigel Farage is cleaning house as he is stating what people seem to want to hear. The correct critique remains how truthful are his statements?

This is what is driving the people in regards to an exit strategy. As the news is playing a game of what I personally regard as ‘managing bad news’ in several nations, the people are catching up and losing faith in governments in general. This is partially driving the demand for a European exit. The people are losing faith in the ‘facts’ as presented, because good news gets overinflated, bad news is managed and the press seems to help out governments and big business in not giving proper tallies, as too many are depending on advertisement funds (often from Big Business). We all seem to watch a weighted scale. Under those conditions, many prefer to go it alone and see that part return. Let’s not forget that before the Euro, the UK was in a pretty good position. The entire mass flocking to UKIP are remembering those days and they are hoping that they will return to these days and UKIP is talking right into that alley of expectations.

In regards to the article with the quote involving Tony Blair “The answer to the white, working-class unemployed youth in alienated communities in Britain is not to tell them their problems would be solved if there were fewer Polish people working in the UK, he said“. I tend to agree, but the truth is that these Polish workers seem to be getting some jobs and this is causing more stress with those desperately seeking work. I am not voicing any anti-Polish thoughts, the question becomes how did they get those jobs and more important, if this is how some businesses are getting cheap labour, why is this not dealt with in regards to unfair working conditions. The Telegraph (never a great source for quality info) is publishing articles on how 10% of a company is Polish. This is getting to the people, who do not look at the whole picture. The Independent is bringing us a much better story quality wise (at http://www.independent.co.uk/news/uk/home-news/migrants-in-britain-a-decade-on-the-poles-who-brought-prosperity-9278710.html). The article by Emily Dugan shows the story of a Polish entrepreneur, who because a success through hard work, employing dozens of people. This Radomir Szwed shows another side, one that does not get illuminated that often. It is a story all should read, only to show that immigration is not a source of job losses, but one that brings jobs too, yet the Telegraph is not that likely to bring such a story.

All this brings us to a less appealing story in the Guardian (at http://www.theguardian.com/politics/2014/jun/18/nigel-farage-far-right-european-parliament). As the power of Nigel Farage grows in regards to his European side whilst joining with former members of French ‘Front Nationale’ and a more extreme viewed Swedish party, the issues will continue. Even though there is debate on Nigel Farage, he sees himself as the person to voice the needs of Britain, a voice Prime Minister Cameron lost when his opposition to Juncker was defeated 26-2. If Nigel Farage delivers any victory for the British people in any way, the powers in the UK will change leaving the Tories very little options in regards to the EEC. Will David Cameron be forced to call an early vote to exit Europe? Perhaps Nigel Farage will have that option as he currently has the strongest options in Europe. However, not all is well in that regards either, now the votes are done, we see a splintering in what was a solid danger. Some are re-establishing themselves and some are defecting to the new Le Pen group. So, not all is quiet on the eastern front with the EEC.

These matters will bring question to any exit strategy we see on the European front. No matter what happens, until the people get some clear information on how the debts are, where they are and how deficits are going as well as their own options, there will be no relief. The party that brings the best story and adds true relief on the hardship the people in the UK currently have will get a massive spike in votes.

I am not sure any exit strategy will bring that, yet, when we consider the response by Richard Branson (at http://www.virgin.com/richard-branson/why-an-exit-from-eu-would-be-bad-for-british-business), my response is that this is not a given either. If we see what some Commonwealth partners are agreeing to within the TPP (Trans Pacific Partnership), then we are seeing how politicians seem to be lining American Big Business pockets, whilst not overly protecting the their own local interests. This will in the end hit back to the UK as well. Consider that these Trade Agreements are not at all discussed out in the open (which makes sense until some point is reached). It seems to me that the UK needs to talk to Australia, Canada and New Zealand at that point. Because not only will the TPP impact the UK, whomever signs the TPP could be in for a long rough spell whilst US and Japan will hunt down a new currency, which is no longer the dollar, but a currency named IPR (Intellectual Property rights). IPR will be the new gold over the next 10 years. Those who have enough of them survive.

This is the unspoken side of the exit strategy. As the EU is chained to the US in several ways, the UK must secure its future in any way it can, yes we must all get rid of our debts, but in equal measure the UK will rely on its entrepreneurs, which includes people like Radomir Szwed, that is the side UKIP is not really talking about and their immigration changes would have negatively impacted the UK.

I remain on the fence on whether the UK should or should not leave, but complete clarity is a must which is a side the press, in all their whining after the Leveson trials have remained awfully unclear about.

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Tagged as big business, David Cameron, Ed Miliband, Emily Dugan, FN, Front Nationale, Germany, IPR, Juncker, labour party, Nigel Farage, Prime Minister David Cameron, Radomir Szwed, reuters, Richard Branson, The Independent, The Telegraph, Tony Blair, TPP, Trans Pacific Partnership, UK, UKIP

June 29, 2014 · 11:05

What’s in a health system?

Another day, another view on the failings of an NHS system in the UK is presented through the newspapers. The interesting part is not that we read it or that we know about it, for the most it seems to be about a level of blind acceptance that the NHS system might soon be no more. We see more discussions (at http://www.theguardian.com/society/2014/jun/28/cameron-warned-nhs-in-danger-of-collapse). One quote is “the NHS needed an extra £15bn from the Treasury over the next five years ‘if you don’t want the system to collapse during the course of the next parliament’“. Now, that comes down to an additional 220 pounds for every person in the UK. The additional quote “The grim analysis is backed by some of the country’s top health experts“, Really? Is that the actual solution? Perhaps the UK has the ‘wrong’ experts in the field. First we see a 10 billion pound IT system that never works, then we get another failed infusion of 3 billion pounds. Could the issue perhaps be that throwing money at it is no longer a solution? In addition, in a greying economy, healthcare will be the most important thing over the next 10-15 years, so perhaps sitting down and designing a completely new NHS, then seeing how the old system could be migrated might be a much better idea (especially as the other ideas are not working).

“The quality of patient care will be compromised by not having enough doctors and nurses on the wards and in surgeries and clinics. The well-publicised failures of care at Mid Staffordshire NHS Foundation were caused by precisely this kind of cost cutting, with tragic consequences for the families concerned.” Is a quote that is in the article and I have a few issues with it. First of all, let’s take a look at the issue (at http://www.theguardian.com/society/2014/apr/28/mid-staffordshire-nhs-trust-fined-gillian-astbury), it is without any doubt a terrible event for the family. The quote “Mistakes were made as her ward underwent as many as eight shift changes and 11 drugs rounds per day. The system for handovers, when nurses arriving for the next shift should be informed of the needs of the patients, was ’inconsistent and sometimes non-existent’, the trust admitted.” So we can agree that there was a shortage, the point is, was it avoidable? This is where the issue starts. Throwing more money at it is NOT a solution, having 1 nurse per 5 patients is also a non-workable solution. The more people go into all this, the more time we see spend on handovers, with two sets of nurses getting/giving updates, not to mention the absolute fortune this setup will cost. I found the following (at http://straightstatistics.org/article/alcohol-related-hospital-admissions-set-tumble), it is about ‘Alcohol-related hospital admissions‘, the quote “If we limit the numbers to admissions wholly attributable to alcohol, the numbers have risen from 45,000 to 68,500, an increase of 52.2 per cent“. Really? Is that what doctors and nurses spend their time on? How about we change the approach to alcohol (and drugs for that matter) and take a page from the quotes of Ebenezer Scrooge “‘If they would rather die,’ said Scrooge, ‘they had better do it, and decrease the surplus population.’”

It seems harsh doesn’t it? Does it? Now consider the possibility that Gillian Astbury aged 66, might be alive if something is actually dome about the alcohol cases. We see a little more clarity (at http://www.staffordshire.gov.uk/Resources/Documents/s/ss/SSPCTAlcoholneedsassessmentforStaffscountyJan08.pdf), where we find the quote “Trend data published by the West Midlands Public Health Observatory for selected alcohol admissions show that between 1999/00 and 2004/05 there was an increase in hospital admission rates by 40% for men and 30% for women across Staffordshire County“.

How about actually change people? So let’s do the following, a drunk in need is no longer given medical aid. If some youngling wants to be heroic and binge drink himself into a coma, then let his body fight it off in some cage (of course if they have money for private care, then that will be OK). If the body is unsuccessful, it will die. Plain and simple! We will call their mother telling them they should have raised them better and the case is closed. Consider the benefit of lower costs to the NHS, unemployment numbers will go down and we might even see an increase in rental options.

I know this is not a pretty picture, but these so called health experts need to see that the current course is no longer an option. We could do the same for the drug addicted population and get an even healthier commonwealth. The issue is not just the approach of certain people; it is the entire look that non-action gives all. Consider the PDF I added the linked to, in Table 9 (on page 26), we see a changed trend of 272%. So, almost three times as many go for the bottle in a group? The fact that this is not dealt with is a plain joke, especially as the NHS gets to clean up that mess in addition to dealing with the ‘actual‘ sick. There are alternatives! One is that all alcoholic beverages are raised by 23% taxation, which all goes to the NHS, which seems unfair to the population that can actually temper their alcohol use. The UK could instigate a Swedish approach to alcohol (also expensive), but you can only get hard liquor on an identity card, which gets registered and you cannot buy more than 2 bottles a month. Or we let the alcohol abusers die. You see, we can go in all directions, but most people, weak as they are, are unable to make the hard decisions and will force a situation where more money is given. This is fair enough, but then we add taxation, including to the lowest income bracket, to get more money for the NHS. Now, these same experts will tell you that this is not a solution either.

There is no choice; hard options will have to be selected in one way or another. It seems that steering clear of some zero tolerance options have been ignored for too long and those who are actually trying to get healthy so that they can contribute to family and society are dying, like Gillian Astbury. This part is however not shown to such a degree by the journalists at large. There is one more table to consider in that PDF. In table 19 we see that the total of the alcohol misusers cause a massive £1,701,900,000 to the UK health economy. So if we need cut backs, then here is one point seven billion in savings. Mr Prime minister! (I think I just earned my knighthood and a small cottage in saffron Walden) I think that the total savings in damages that these drinkers are causing is considerable larger than just to the health economy.

I am all for a better NHS, I am all for giving doctors and nurses a better tomorrow and if just throwing money at it would make that difference, then I would be all in favour of it, but there is almost 10 years of data disproving that, we see an NHS system that is rattled by big business (pharmacy and IT for example) and politicians and the approach as it is at present can no longer be maintained. Perhaps we need to make additional changes to the patients as well. The healthcare is all about keeping track of data and details, what if the patient becomes the data carrier? What if the nurse has a tablet with details and patient numbers, which is transferred to the new nurse and as they go over it, they can verify with the patient chip? When I go into ANY hospital, I see a multitude of papers, folders and more papers and people entering reports in computers and then printing it all. What if we take the next generation in solutions and take away 30% of that workload?

When people ask which company will do this, the answer should be ‘None!’. The UK is filled with universities, some of them regarded as the most prestigious and brightest on the planet. Consider that most IT people, might claim experience, yet their drama skills are the only ones that improved for the most, is it not up to the Universities, those who are introduced to the newest ideas, design a solution that would make the work of the doctors and nurses at the NHS better, slightly more efficient and a truckload of less hassle! Is that such a tall order?

We will get to the solutions if we are willing to navigate other options. We have seen that the current path is not a success; new methods might not be a failure. It is a road that politicians should be willing to go, if only to make sure that a possible solution was not overlooked.

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Tagged as David Cameron, doctors and nurses, Gillian Astbury, health, Mid Staffordshire, NHS, Saffron Walden, straightstatistics.org, Sweden, the Guardian, UK

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