Category Archives: Law

Is it merely a need to know?

It is more than just an opinion piece, when we saw the week begin with a piece from George Clooney (yes, that one) and John Prendergast, both responsible for the start of the NGO ‘Not On Our Watch‘, the people might took notice (at https://www.theguardian.com/commentisfree/2017/feb/20/dirty-money-africa-atrocities-uk-banks), the title ‘British banks are go-betweens in global conflict. This can be stopped‘ was even more alluring, but then we see the quote “It is time to act against the kind of corruption that enables governments and armed groups especially in east and central Africa – the deadliest interlinked zone of conflict in the world – to prosecute wars and carry out mass atrocities“, everyone decided to take another nap. Actually, I cannot blame them. It sounds so intense and essential, but if there is one part the population at large does not care about, than it is another corruption article from a place the bulk of the people never cared about it in the first place. Now, this is the plain reality that the people seem to have. Can I blame them? Is it a valid point of view?

This becomes part of the centre that we lose when we see that implied levels of corruption are impeding our quality of life in Europe. I discussed part of it in ‘When a Newspaper gets it wrong‘ (at https://lawlordtobe.com/2017/02/16/when-a-newspaper-gets-it-wrong/). The article linked here implies a lot, especially when you realise that we are faced with British Champagne stories in an age where any member of the EU mentioning it should not even be allowed to be a member of the EU parliament. Then we get “The National Crime Agency judges that billions of pounds of suspected proceeds of corruption are laundered through the UK each year“, which might be true, might not be true, but most important, when we realise that there is also the quote “the international community has failed to fully deploy the anti-money laundering measures“, I would like to see a comparison on a national level, you see, comparing the UK numbers (where possible) with the numbers of Europe’s largest Transit harbour on the planet (read: Rotterdam) and as such the container laundering schemes where it goes on for more iterations of laundering as the bitcoin is used. So how can we see how much is laundered per nation? Is the UK the big player here? How does the UK compare to the Netherlands, Germany, Belgium, France, Spain, Italy and Poland? Can we see those numbers please? You see, as we read “These kinds of financial-pressure measures can help save lives“, the bulk of the readers seem to ignore, or remain ignorant on how the pharmaceutical industry funnels billions, all perfectly legal and as such taxation is avoided. Yes, it makes perfect sense to focus on millions and not address the billions missed. Oh, and perhaps can we see the expected, or predicted time table from the quote “Our team is gathering the evidence needed“, now, let’s be honest, that such a given is next to impossible, but a few changes fought for at present might restore the essential need of legal overhauls, a side that does not seem to make the press that often and more important, the more Clooney stories we get, the less gets overhauled or clearly illuminated that an overhaul is essential. Now the quote we see at the end “a real difference can be made in ending wars in Africa and the mass atrocities that accompany them if we target those that are benefiting financially from the mayhem and suffering“, we can only agree with the principle need. I will not oppose that as such. Yet, it has only been a month since the article at https://www.theguardian.com/business/2017/jan/26/nigerian-oil-pollution-shell-uk-corporations  and as such, when we hear ‘Nigerian oil pollution claims against Shell cannot be heard in UK, court rules‘ and the issues of pollution against the Royal Dutch Shell, we need to take a moment to consider whether the futility that team Clooney and Prendergast (Team CP) is bringing to the media. The given subtitle ‘Campaigners hoped case would pave way for lawsuits to be brought against corporations for actions abroad‘ is another part in that the issues cannot be properly examined. This we see in “Shell has denied liability and argued last November that the challenge involves “fundamentally Nigerian issues” that should be heard in a Nigerian court“, now it is important to know that I did not study the court notes. So, if we can accept that the court did do a proper hearing and accepted the relevant issues, than no matter what Team CP brings us, the simple truth is that the dangers of any Nigerian court would properly stop the issues correctly seemingly would become almost pointless (if we accept the corruption part that team CP claims. In addition, when we read the accusation ‘A man collecting polluted water at an illegal oil refinery site‘ gives us even more, especially when we concentrate on the word ‘illegal‘, so is Royal Dutch Shell connected to the illegal refinery site? What evidence is there? So now we get the case that team CP is concentrating on a few numbskulls with the limited possibility to stop millions, whilst the players they need to go for is walking away with billions. In that regard their actions are implied to be ‘doomed to fail’ and that is in the most likely positive version, a more negative version is that massive amounts of times are wasted and nothing gets to be achieved. It is in addition likely that the Royal Dutch Shell would assist team CP with other meaningless cases whilst the Royal Dutch Shell remains out of reach. So how is that for justice?

This we see confirmed in the quote “Joe Westby, campaigner on business and human rights at Amnesty International, said: “This ruling could mean that the communities will never receive meaningful compensation, and that the oil spills will be not be properly cleaned up”“, which supports the view I am having and I got to the conclusion as fast as I was reading the article, only to see that other experts agree with me. The final quote “The company says the Bille and Ogale communities’ problems with oil spills are due to sabotage, theft from pipelines, and illegal refining“, which if proven shows the innocence of Shell to some degree, and it shows to the larger degree that team CP have very little chance of success to the degree they need it as change in Nigerian environmental legislation would be essential to force initial change. Apart from that view, there is still the illegal refining, that takes equipment, which beckons the question how much has the Nigerian government confiscated? How many people got prosecuted in all this? There is no clear answer of success and there likely will not ever be one as illegal refiners are in the same category as illegal poachers, as the need or ivory continues, the number of elephants will decrease in Africa until the animal is extinct, then what?

Unless the Nigerian government starts hunting down these transgressors with success and extreme prejudice, they end up not having any level of success. Greed is the ultimate equaliser, the need of the one outweigh the ability of many. A reality that has continued on a near global scale since the early 1900’s. Change is too slow and without harsh levels of success, the opinion piece on and from team CP is not going anywhere but into the circular storage and archiving solution (read: trashcan).

In this Shell has no consideration to assist, the government has no place to start and as the wrong parties are more and more likely blamed we get a situation that until the proper papers are filed, the people involved have no option left to move in any direction, which works great for the facilitators of these events. Someone is making a bundle and as these parties cannot be correctly and accurately identified, the actions against them remain empty, unresolved and hollow.

 

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The other side of sickness

Sky News gave me the idea last night. I was half awake (hence: half asleep) when the news (at http://news.sky.com/story/de-niro-offers-100k-reward-to-media-for-truth-about-controversial-childrens-vaccine-10771445), when de news stating ‘De Niro offers $100k reward‘ became visible. When I woke up completely (a few hours later), I saw the full Monty: “De Niro offers $100k reward to media for ‘truth’ about controversial children’s vaccine“, which was a little more descriptive. Now I am not media, but I have decided to take a look at it. First off, it is never a good idea to meet your idol when he is still alive, but I think Robert got through it OK. What more is there on the article?

The first part is “willing to publicise criticism of a controversial children’s vaccine“, which is an odd start, so the important part is Thimerosal, which is the medication part that needs to be scrutinised. The other part we get is “a substance containing mercury, in the generalised MMR vaccine, which protects children against measles, mumps and rubella“, now we are off to the races. You see, Mercury is toxic, so is Arsenic. Yet Arsenic was used in the past as a treatment (in very small doses) against Syphilis. It is not the only example. In small doses it is used against Osteoarthritis, which contains a substance that got someone ‘accidently’ poisoned to death in the 60’s, yet in those days Boron (the substance in question) was not tested for, because the body will have it. It is merely the concentration that took care of the non-breathing part in the end.

So what is the story with Thimerosal? Let’s start at the beginning.

last_case_07Vaccines go all the way back to 1798 (roughly) when a man named Edward Jenner decided to pioneer a solution against Smallpox. The solution he came up with was to infect a person with the cow version of the disease so that the human body would see the weaker version as a threat and the body would be fast and more effective fighting the actual disease. So I grew up in the 60’s getting all kinds of vaccines and injections, the conclusion in my case was that I have had no real dangerous diseases for well over 35 years. The World Health Organisation proclaimed that after vaccination campaigns throughout the 19th and 20th centuries, the WHO certified the global eradication of smallpox in 1979.

So vaccines are seen as a good thing, so what changed our minds?

There are a few issues that have grown that give voice to the anti-vaccination feelings. Yet, there is documentation out in the open showing exactly the opposite. I witnessed this in the Netherlands (at https://www.cdc.gov/mmwr/preview/mmwrhtml/mm4914a2.htm), in the time frame between April 1999 and January 2000, which gives us the quote “a cluster of five cases of measles was reported among the 390 students attending a religion-affiliated elementary school in the Netherlands. Persons belonging to this religious denomination routinely do not accept vaccination. Municipal health services (MHSs) investigated and found 160 suspected measles cases among children attending the school. By February 4, 2000, 2961 measles cases, including three measles-related deaths, had been reported by 35 MHSs to the national registry. This report summarizes the investigation of the measles outbreak in the Netherlands, which indicated that measles can be a severe disease among unvaccinated populations in the Netherlands“. This alone should clearly show the essential support for vaccines.

Yet now we see the second element in this. You see, the population on a global scale is getting wearier and less trusting of vaccines. It is a $26 billion market and is expected to grow to $61 billion in the next 3 years. We are confronted with flu vaccines and there is no clear proof or documentation that they are actually a benefit. Even as the 60’s were a clear indication that the foundation of vaccines was sound and essential, the movement of big pharma and the essential need for profit has given vaccines the place where it potentially leaves too bad a taste in the mouths of too many people. This is the place where Thimerosal finds itself in. Mistrusted because of the makers and mistrusted due to a lack of proper information and in similar size the massive misinformation that we now see on the lack of benefits that other medications (like Multi vitamins) find themselves in, and to some extent, the media has been too often, little to no help at all. To a larger extent, they are chasing facts, or not showing the dangers ahead of time in too many cases. At http://www.globalresearch.ca/big-pharma-and-big-profits-the-multibillion-dollar-vaccine-market/5503945, the Canadian Centre for Research on Globalization (CRG) gives us “While the main fixation of anti-vaccine groups is an old, discredited study linking vaccination to autism, another is a conspiracy theory circulated online that both doctors and pharmaceutical companies stand to profit financially from vaccination—which supposedly leads to perverse incentives in advocating for the public to vaccinate. But that argument is historically unfounded. Not only do pediatricians and doctors often lose money on vaccine administration, it wasn’t too long ago that the vaccine industry was struggling with slim profit margins and shortages. The Economist wrote that “for decades vaccines were a neglected corner of the drugs business, with old technology, little investment and abysmal profit margins. Many firms sold their vaccine divisions to concentrate on more profitable drugs“, at this point I offer in opposition, if that was true, why would there be a sudden rush to get into vaccines? If certain diseases have been eradicated, would the need for vaccines not decrease? If the flu cannot be cured through vaccines, what is its benefit? Two question that have not been properly addressed ever. The press have remained on the surface too often and too long. There is too much profit in advertisements for the media, too many concessions and the people notice, the people at large deduce their own wisdom and facts in what they see. Are they wrong?

What is Thimerosal?

The National Centre for Immunisation Research & Surveillance (NCIRS) gives the following Factsheet where we see “There is no evidence that thiomersal in vaccines has caused any health problems except minor reactions, such as redness at the injection site“, another fact shown, a part that seems to be ignored in a few points of visibility. It is “Methyl mercury is more potent; it accumulates in the body because the time taken for the body to eliminate it (known as the ‘half-life’) is about 50 days. Ethyl mercury (in thiomersal) does not accumulate in the body to such an extent, because its half-life is only about 7–10 days“, the dangerous side I was aware of, or the danger I perceived is not a factor here.

  • Thimerosal is also known as thiomersal, hence the quotes from different sources have these two names.

Now we get the issue that is also a cause for concern and it is not the controversial accusation of autism. The issue is that if we accept the initial fact, then why are we given “the American Academy of Paediatrics (AAP) asked vaccine makers to remove thiomersal from vaccines as quickly as possible as a precautionary measure“, when we look (at http://pediatrics.aappublications.org/content/131/1/149) the quote “Overwhelmingly, the evidence collected over the past 15 years has failed to yield any evidence of significant harm, including serious neurodevelopmental disorders, from use of thimerosal in vaccines“, personally I would love to see that data! There is also “Dozens of studies from countries around the world have supported the safety of thimerosal-containing vaccines. Specifically, the Institute of Medicine, and others have concluded that the evidence favours rejection of a link between thimerosal and autism“. The AAP publications show 7 links to academic papers confirming this.

There is also: “Although there are clear neurotoxic effects of methyl mercury absorption, ethyl mercury has not been associated with those consequences“, so one mercury is not another, yet how deep has this been investigated? As we see that ethyl mercury might have been a massive push for the profitability that vaccines became, there is still the question on the need for vaccines. I am not debating that the larger good exist, that evidence was given in the Netherlands, a place where Measles suddenly resurfaced, in a place where vaccination was rejected on religious reasons. As we reject ‘en mass’ to a larger extent on flu-vaccines and on the pharmaceuticals that need too much profit and as it is seen by many at the expense of them all.

Projection, publication against the interpreted fear and rejection through despise of the pharmaceutical community.

Yet in all this thimerosal is just an element, the actual vaccine in all this is the MMR vaccine. Robert De Niro did not oppose the MMR vaccine, just the use of thimerosal. When it comes to vaccines, there is one paper that does have an impact. It is a paper by Ami Schattner published in 2005 called ‘Consequence or coincidence?: The occurrence, pathogenesis and significance of autoimmune manifestations after viral vaccines‘, which could be seen as alarming (at http://www.sciencedirect.com/science/article/pii/S0264410X05003506) giving us “Very few patients may develop some autoimmune diseases following viral vaccination (in particular — arthropathy, vasculitis, neurological dysfunction and thrombocytopenia). For the overwhelming majority of people, vaccines are safe and no evidence linking viral vaccines with type 1 diabetes, multiple sclerosis (MS) or inflammatory bowel disease can be found“, with the emphasis on “The occurrence and significance of autoimmune manifestations after the administration of viral vaccines remain controversial“. Now, if you picked up on it, you will state that Autism is not an autoimmune disease, then you are right. Now for my speculation in this part, if the creation of a Immune system disorders is rare, I am speculating that the creation of autism through vaccination is even more rare than that. A vaccine is the introduction of a disease to the body, so the immune system is actually directly attacked. If that does not abnormally react, the consideration that another disease like Autism, which is a neuro developmental disorder seems extremely unlikely unless the vaccine was specifically for a neuro based disease, and at present it seems less and less likely that it is the case.

An escalation that we are confronted with all due to a fraudulent paper from Andrew Wakefield et al, who decided that 1998 was a good year to misrepresent facts and opposing the MMR vaccine in support of a competing vaccine. It would be my speculated assumption that greed got in the way of his better angels and more likely than not, to an even larger extent by that competing brand as well. It is that competitive approach, with support of a former academic that the mistrust has grown in the people, especially the parents on a global scale. There it is that we find thimerosal, removed in many places as a mere precaution. That against a large supported foundation that thimerosal is not dangerous. So does this make the view of Robert De Niro incorrect?

No!

I believe that he is asking valid question, in addition, let it be sad that his view as stated: ‘he just wants a safer way to prevent diseases‘ is a noble one, especially in an age where the profit needs are pushed through too often and too fast. Procon.org gives us (at http://prescriptiondrugs.procon.org/view.resource.php?resourceID=005528) a list of 35 FDA approved drugs that were later pulled from the market. This includes Accutane that was on the market for 27 years, Cylert for 30 years and Darvon & Darvocet for 55 years. Now, we have to accept that the tests then were not on a level we have nowadays, yet when we read the effect of serious toxicity to the heart, with a death toll of well over 2100 deaths between 1981 and 1999, there is an issue and as such, the request from Robert De Niro is not that outrageous. In opposition we see that the overall testing is a lot better, and if there is enough support that the half-life of Ethyl mercury is 7-10 days, there should be clear warnings with using it, but if there is enough support for the safety, what is the problem? I see it to some extent in ‘does not accumulate in the body to such an extent‘, to what extent does it accumulate? That is the serious question that needs a clear answer. Are there exceptions? Is there an issue to the parts that do accumulate? Questions that are not available at present (as far as I can tell), so in all this Robert De Niro is asking the right question and it gives concern, because is the AAP consideration we see in ‘removing thimerosal use in preservatives as a precautionary measure‘ also a misrepresentation? Is it a precaution, or was this released in 2013, in the time of the Obama Administration, voiced as such to prevent an anti-vaccine panic from happening?

Is that so far out of bounds? The problem is that for the most the media does not have the knowledge, the many who do have the knowledge tend to work for pharmaceutical companies, or they work for government installations working for politicians who depend on the support of pharmaceuticals. It seems that in no way will the people be more likely than not be properly and correctly informed, that part has been proven for almost two decades.

The only part that worries me is that in the end, it is the $100K payment from Robert De Niro for the media to take an optional serious (opposition) stand. When you google FDA you see very little actual news, when you Google Pharmaceuticals you get loads of news, and 99% linked to awards, pricing, acquisition and profit performance. This is exactly why the people are getting less and less trusting of pharmaceutical companies. It is not merely a marketing thing, it is a distrust that comes from several paths of information.

Here we get to Vexxed, a movie by no one else than the debunked and fraud driven Andrew Wakefield who became writer director of the movie after he was gutted in court. A five-member statutory tribunal of the GMC found three dozen charges proven, this was on 28th January 2010. It includes 4 counts of dishonesty. In addition the panel ruled that Wakefield had “failed in his duties as a responsible consultant” which tends to be a very serious charge. The 1998 publication was, on the findings of the GMC’s, noting that elements of the manuscript had been falsified, fully retracted.

The fear the paper brought by Andrew Wakefield have had consequences, a false paper that led to vaccine mistrust and resulting in serious illness and deaths, which now beckons the question, if this result repeats after the movie, can Andrew Wakefield be arrested and convicted of murder? The paper has issues that there was no intent to endanger lives, but the movie is a repeat of the previous event, intent can be the natural acceptance of a repeated fact. The issue I see is that pharmaceutical companies have actively created waves of mistrust fuelling the existence of conspiracy theories, the movie Vaxxed could be seen as such. I have not seen the movie, so I am keeping an open mind, yet the truth is that I am a child of vaccines in the old age, in this new age, where it is less about health, and more about profit, the voice of conspiracy theorists might have valid views. I say again ‘might’, I wonder how these people look at a movie like Contagion, the masterpiece of Steven Soderbergh who shows in a fictional setting the nightmare that the CDC faces in an ongoing fight to find solutions of some of the most contagious and in some cases still incurable diseases. I reckon that if you feel you want the truth, seeing Vaxxed, whilst never seeing Contagion will never ever get you the truth. Because the fear we see in Contagion was a reality after WW2. Millions in a weakened state and diseases like the measles were running freely all over the world, now we see statistics from 1980 with 851,849 European cases, to 16,899 cases in 2014, a clear decrease due to the vaccine regime of the 50’s and 60’s. Now see a mortality rate of 0.1% – 0.2%, whilst in 1900 the mortality rate in the US was 4% for measles. Smallpox in the periods 1900-1904, had a mortality rate of around 11.5%, we can claim (to some extent) that even though there were mitigating circumstances (like hygiene), vaccinations have been a great success. There is little to no opposing debate on that.

So how is this for the MMR vaccine and thiomersal?

This is the issue that Robert De Niro is raising and in addition to him raising this he is asking very valid questions. It is however equally important that a person like Andrew Wakefield should not be taken at his word. This is not merely him versus the world, when you look at all the information, the competitor he promoted remained silent for all this time as far as I have been able to ascertain, there was no open outrage of this competitor coming with academics showing valid numbers in opposition of the tribunal findings, in addition no evidence that there was a danger, that part has never ever been shown. Did the news dig there, did we get a clear low down from the World Health Organisation (WHO)? Is it that far-fetched that as the Andrew Wakefield scandal caused an increase in morbidity due to lower vaccinations that both the WHO and the CDC would have a clear need to intervene with facts? Are these questions so strange?

In that same part we see the Huffington Post in 2014 giving us, via columnist Lawrence Solomon quotes like “Merck, the pharmaceutical giant, is facing a slew of controversies over its Measles-Mumps-Rubella (MMR) vaccine following numerous allegations of wrongdoing from different parties in the medical field, including two former Merck scientists-turned-whistle-blowers. A third whistle-blower, this one a scientist at the Centers for Disease Control, also promises to bring Merck grief following his confession of misconduct involving the same MMR vaccine“, from that point of view, the moment Vexxed was announced, the CDC should have a clear voice stating the issues (if there are any) regarding the MMR vaccine, in equal measure, if Lawrence Solomon is ‘merely’ a columnist, why this news did not make it to the front pages on a global scale, and if this was not true, why did the Huffington Post run with it? (at http://www.huffingtonpost.ca/lawrence-solomon/merck-whistleblowers_b_5881914.html), it even has links with the court documents, which is even more of a concern.

In conclusion I need to state that if we accept that the Andrew Wakefield disaster came with deaths when the paper was published, the deaths that could be proven to stem from Vexxed require the courts on a global scale to indict Andrew Wakefield with attempted murder for those who get sick and murder for those who die due to non-vaccination. This is not a ‘maybe’ or a ‘freedom of speech’ issue. When it causes the intentional deaths of others it is murder, plain and simple!

As for Robert De Niro, he does make a case to get medical solutions to the people in a safer way, but which way cannot be stated, because it is a track that takes a long time, he has the option to get the support of the media and the medical profession to take another really serious look at thiomersal. I still had questions and next to Robert De Niro, I am the clever one (read: nothing wrong with my ego)!

This gets us to the final part that the Washington Post gave us in May 2016. The quote “create an impression that there was a link by falsifying the data“, which we basically covered earlier, yet to see it this harsh is still important and it changes the taste of the movie by a lot. In here we also see “Actor Robert De Niro, who has an autistic son, originally lobbied to put the film on the schedule for the Tribeca Film Festival in March. But several days later, he said he had a change of heart“, which is another matter, in that that his questions and the fact that he puts up $100K is still valid, perhaps even more valid. It is my interest that gets piqued with “Dozens of top journals — including the New England Journal of Medicine, the Journal of Paediatric Infectious Diseases and the Journal of Autism and Developmental Disorders — have published papers that looked into a possible link and found none“, with the part that the visibility of all this has not been that high, it is my believe that whomever puts the Robert De Niro story out (as it is valid news) should also show all links to these journals, because as it is, Andrew Wakefield gets, due to the global scepticism of pharmaceuticals, a little too much consideration.

So as we gave the smallest consideration for the other side, we must give vision to what is an actual solution for the children of the world, in that the questions of Robert De Niro remain valid, we need to get solution to the people in a safer way and some questions regarding thimerosal remain, perhaps the journalists who are vetting to get a $100K bonus will take another look and answer those questions too. It is not some conspiracy theory thing, it is merely how the AAP decided to voice it, not wrong, just in a way that left us with questions.

 

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When a Newspaper gets it wrong

We’ve all had these moments. We have a preference in things we do, I look at the Guardian in the morning, and at times I check out the tabloids (front pages and in one case page 3 as well). Yet I keep the Guardian as my main source to work with. So I was slightly miffed when I spotted ‘EU fears influx of ‘British champagne’ once Brexit ends food naming rules‘, which is utter baloney (read: bullshit)! The United Kingdom is still bound in laws, in this case it means that Trade Marks are still protected and ‘British champagne’ is not ever going to be an option and any Trade Marks office in the UK initially passing such a request might get itself invited to a mandatory meeting with the Professional Standards Board. I now feel that at this point, that my concern becomes that the writer Daniel Boffey has no clue! So (at https://www.theguardian.com/business/2017/feb/15/eu-fears-influx-of-british-champagne-once-brexit-ends-food-naming-rules) we see “The European Union is concerned that British companies could violate protections given to the names of thousands of European products – such as Parma ham and Champagne“, these two examples Parma Ham as well a Champagne has been clearly settled, so that will not ever be allowed. This is something that can be set in stone as the United Kingdom joined WIPO in 1970. The UK uses Trade Marks Act 1994, where we see this part. The Trade Marks Act discusses in section 3 reasons that are an ‘Absolute grounds for refusal of registration‘, with in section 3(1)(c) we see: “Trade Marks which consist exclusively of signs or indications which may serve, in trade, to designate the kind, quality, quantity, intended purpose, value, geographical origin, the time of production of goods or of rendering of services, or other characteristics of goods or services“, as Parma (Ham) and Champagne are regarded as ‘geographical origin’ the examples are faulty. So what is Daniel Boffey? An editor who did not prepare his work? Or is he another anti Brexit fear mongerer with a need to rile the people for his own personal needs? I actually do not know, but it is clear that (as I personally see it), that Daniel did not talk to any Trade Marks Attorneys. Even a quick call to Intellectual Property Office (at https://www.gov.uk/government/organisations/intellectual-property-office), or just look at the website and lodge a question would have answered the part that is (again as I personal see it) a blight on the good frame of the Guardian. The articles linked to his name ‘Brexit transitional deal will lock UK into EU court, says Verhofstadt‘, ‘Northern Ireland peace at risk because of Brexit, says Bertie Ahern‘, as well as ‘Britons living in the EU face Brexit backlash, leaked paper warns‘ gives indication that he is very much against the Brexit. Now, I have no problem with those against Brexit, because that was a valid choice of the minority. In addition, they are not swayed yet and they might never be swayed, yet the issue I see here as an Attorney is that the UK has clearly accepted IP laws and leaving the EU will not change the accords that the UK agreed to as a signatory of WIPO. So when I see “The question of what will happen to EU GIs after the withdrawal of the UK is a difficult one” I get the clear indication that the Guardian editor is in cahoots with the European parliament’s agriculture committee on spreading misinformation. In addition, I think he is actually making a case for Brexit, as it now shows that those people in the European parliament’s agriculture committee might be regarded as overpaid incompetent individuals that should be fired immediately, because there is a clear IP setting in place and as such, just by reading the Trade Marks Act 1994, Contacting the UK Intellectual Property Office, or contacting WIPO, this mere fact could have been cleared up in 15 minutes. An alternative is the WTO (at https://www.wto.org/english/tratop_e/trips_e/gi_background_e.htm), which shows these issues clearly resolved as well. The WTO also gives us “The United Kingdom has been a WTO member since 1 January 1995 and a member of GATT since 1 January 1948. It is a member State of the European Union (more info). All EU member States are WTO members, as is the EU (until 30 November 2009 known officially in the WTO as the European Communities for legal reasons) in its own right”.

It seems to me that the EU gravy train on knowing as little as possible so that many meetings in 5 star locations could be held, which sounds like a massive waste of funds. Finding these facts took almost 10 minutes, so why are these EU members posturing on ignorance?

So the quote “If no arrangements to another effect are made, the protection afforded by the above-mentioned legislation would normally cease to apply in the UK, which means that over a thousand European registered names could be exposed to violation in this neighbouring country” is in equal measure a load of bollocks (for those unaware of the terms, they are the two elements positioned between the legs of a man), and if you are at this point still getting a blank, feel free to call Jim Davidson (the famous UK comedian) and ask him about a historical law enforcement agent (somewhere between 1068 until 1568), the name of that person was Big Dick Dangling, Sheriff of Nottingham Forest.

So there is a clarity that this is a non-issue, as the Trade Marks Act 1994 would remain in force after the UK becomes the Brexiteer, so as such I think that Katharine Viner (editor in Chief) needs to urgently call her Brussels office, especially as the non-issue is painted in such an obscure way that hiding behind “A document from the European parliament’s agriculture committee, which is advising the chamber’s leaders on the Brexit negotiations” is just too unacceptable, no matter how true that is, especially as the editor is now playing political suicide as he is stating “The document drawn up by MEPs warns: “In the hypothesis where the UK, as a third country, would enter into a new relationship with the EU27 based on a free trade agreement it would be important therefore to include a mutual recognition of GIs in such an agreement on the model.”“, which is  as I see it the hidden message. The ‘would enter into a new relationship with the EU27 based on a free trade agreement‘ is not for him to state, quote or comment on, especially as the bare minimum of the article is grossly misrepresented. Actually he could have quoted it, but I personally believe he fell short by a lot on elements like diligence in this article. In pursuit of the previous statement, we see the quote “The MEPs suggest the UK will need to maintain EU standards during any transitional period before a free trade agreement can be struck“, in that, can we get in writing that this includes equestrian beef burgers from Romania? There is light in the end of the tunnel as we see “the MEPs appear to take solace in the suggestion that the British government will be unable to take advantage of third countries seeking other options” with the supported follow up quote “One may wonder, in particular, whether the UK will have the sheer capacity to handle so many urgent trade negotiations in parallel with a national administration which has lost the experience and knowhow of such negotiations since the mid-1970s“, which sounds funny and in in fact hilarious, because in the first, the UK has been involved with trade negotiations on a global scale and in the end, it is the 27 nations that will be chomping at the bit to get a deal for their deliveries towards 68 million consumers. And if anyone thinks that 23 of these nations (who are smaller than the UK) will walk away from a customer base that represented 12% of the entire EU than those claiming that can apply for the function of Mad Hatter!

And as for the Chlorinated Chicken, that issue has been going on since 2014, which does not mean that the deal is null and void, or that it is not an issue, but at present, especially when we see the application of the word ‘if‘ we know that this is currently not the case and there is no clear indication that this will change, as such it remains a non-issue, because whatever the UK imports, if the EU does not allow for it, it stays within the UK, making it a non-issue for the export and the EU will not be affected as it has these limits in place. And in that regard, did these same MEP’s stop the issue of equestrian burgers yet?

Listen, there will be issues in the Brexit time, some will be complex and will require time to solve, anyone stating that this is not the case is lying to you, but to see articles that are a travesty of common sense, a case that could have been verified by any Guardian intern in Brussels with a few calls begs to consider what Daniel Boffey is doing. From my point of view he is not reporting, he is merely what some call a Reuters copy and paste user, which makes him very overpaid and replacing him with previous suggested intern might not be the worst thing to do.

The Guardian is not alone here, the amount of timewasting we see from the mirror, the Daily mail and the Daily online is far worse, but those places are not to be regarded as newspapers, so there is a difference. We see issues in the Independent as well, but one of a different kind. There Ben Chapman (at http://www.independent.co.uk/news/business/news/brexit-britain-must-be-made-worse-off-after-leaving-eu-says-austrian-chancellor-christian-kern-a7578206.html) writes on the Austrian Chancellor and his views. The subtitle gives an interesting and non-invalid view ‘A member of a club must have better conditions than somebody who isn’t a member of this club‘, which is actually a decent way to put it. Yet, what the chancellor is not stating is that this club has failed. Some of its members has not been able to keep up and in response to failed economic numbers the club decided to pump in cash, two rotations of well over a trillion each and the club members need to pay up, even as all members know that it was not a solution. This is regarded as irresponsible acting and this so called club has failed its members by not setting a proper charter for misbehaving members (Greece) as well as a failed system regarding the acts of its executive members (Mario Draghi). Part of that we saw in last weeks The Week (at http://theweek.com/articles/679060/european-central-bank-about-something-stupid), as we read “when it kicked off a quantitative easing (QE) program worth $60 billion a month. In plain English, that means the ECB started creating a bunch of euros out of thin air and using them to buy up various financial assets. In March 2016, it kicked things up a notch, to $80 billion in purchases a month“, which was one of the issues I had. In addition, how anyone can see ‘creating a bunch of euros out of thin air‘ and ‘buy up various financial assets‘ seems so odd as it is not money that is supported by any gold reserve or at lease set against something of value. This doesn’t just read like a Parker Brothers monopoly heist, basically Draghi is buying stuff that is then paid for and is given to? To whom exactly? It almost reads like a derivative nightmare, Mr Blotto buys a lemon and goes bust. He sells this lemon to Draghi for the initial value and he walks away smiling again, whilst Draghi is buying lemons in stacks of 80 billion a month. So who owns the lemon? And where is that 80 billion coming from? Some people forget that if we add (for example) 2 trillion to our 10 trillion, the value of our 10 trillion would now be 10/12 trillion, implying our value decreased by 17% (because against the pound and the dollar it did), but now we get the small complication, Sweden is still using the SEK, the UK has the Pound, so there is an impact there too. That is the part the Draghi elites (financial captain and his minions) seem to ignore. There is an impact on our values, and that decrease is actually increasing faster and faster, especially as there is no improvement in sight.

In this we saw the growth and the actual move towards Brexit, yet at present as the smaller nations are realising (Austria) that they are merely less than 2% of that group and the impact of the exiting nations is seen, Austria is now facing a very mental breakdown. Because it sees the dangers it faces. Austria has a 67% services industry and whilst that is not great, it is not the worst either. The changes that they are now facing might negatively impact their economic value, in addition, the speech the chancellor gave was nice on a European value, the fact that the top 6 of its main export partners does not include the UK, and neither does the top 5 import list, so his club speech sounds nice but is now laced with the emotion of ‘I am taking whatever the UK loses whenever possible‘ gives rise to his reasoning of the club mentality, in addition European Commission President Jean-Claude Juncker gives us “Do the Hungarians and the Poles want exactly the same thing as the Germans and the French? I have serious doubts“, which is fair enough, yet at the same time we see “and the endgame is that there is no united European front“, which is a realisation that is long overdue, that was a given for the longest of time and the economic posts have been somewhat clear on that. That part is also clear in France where Emmanuel Macron has joined Marine Le Pen by adding the Eurozone membership on the agenda. Which now means that out of the three most likely to win the French election, only François Fillon seems to voice a continuation of France within the Eurozone. As such there is no guarantee that the Eurozone loses France, but only if François Fillon beats both Macron and Le Pen, a feat that is not impossible, but for now decently unlikely. That will be known on 23rd April 2017, when the 1st round of the 2017 French presidential election will be held. Perhaps it would be nice that Daniel Boffey realises that the French will not walk away with a French version of the West Country Farmhouse Cheddar and in equal measure Champagne will still be French, also after both have left the Eurozone, it will not be possible for Either to claim ownership of the Trade Mark ‘Edam Cheese’ as it is a Dutch Trade Mark.

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Is it a Prise, Prize or Price fight?

This is an interesting time, you see, many will not yet realise it, but we are roughly 19 months away from a game changing moment in our lives. There are groups of people scurrying to get to a virtual starting position, because they have learned the hard way that not setting the stage for the fight means that they will lose out the second time and this time there will be no third round for them. If you are at this point considering that I am kidding or that my statement is over the top, you better reconsider fast, because Orange Poland is now starting to get backers who have serious amounts of cash and last Wednesday, AT&T released ECOMP (their version) in San Francisco. They called it Indigo and it is one of two markers that are now actively in place to set the stage for massive shifts in Big Data. Yes, you are reading this correct!

This is not just a stage of evolution, this is now starting to be a stage of transition. As the people are marketed into a sullied state of dreams, they are tempted to seek what the places bring to them. Places like Tableau relying on AdWords top placement to show how important they are in this industry, with others using the same path on how ‘the magic quadrant of Big Business‘ is the solution, on how we see the ‘Gartner Magic Quadrant Leader‘, but the truth is actually in another direction. Places like AT&T who basically got their asses handed to them as they did not act in the 90’s, they now see that being there ahead of the game is the only move left to them, because AT&T sees that America will not make them great, it will not make them the global player. That is the first shift we see are now witnessing.

In this a very similar view can be found in the movie Assassins Creed. Now, it got written off by a several critics, but the beauty of the product is not in the movie, which is still bringing in a decent amount of profit (millions) for first time producer (and actor) Michael Fassbender. The reason why this movie is so interesting is seen in the revenue. Only 25% came from the US, the rest international. Rogue One: A Star Wars Story does it to some degree where the US and international set is 50/50, the US is no longer the bulk of the income for, a basic issue that now needs addressing, especially by the American players.  That time has gone and these players have caught on that in 22 months the infrastructure is either in place, or they are out of the race. Even as we still see large players (like the Dutch KPN) rely on presentations on how ‘great’ they are. Certain players are realising more that tactics need to change, the presentation is no longer enough, and they need to be ready sooner than ever expected.

This is seen in another way, a way I already saw coming. This time it is the Canberra Times (at http://www.canberratimes.com.au/technology/technology-news/ftc-accuses-vizio-of-spying-on-smart-tv-customers-20170206-gu70p5.html) that gives the goods. We see ‘The US Federal Trade Commission said on Monday that Vizio used 11 million televisions to spy on its customers‘, which reminded me of my blog article ‘The back door‘ (at https://lawlordtobe.com/2016/12/29/the-back-door/), which I wrote on December 29th 2016 with the part “consider the amount of mail you have at present and see what happens when 10 devices are added to your house profile. The refrigerator, your smart TV, your smart recorder, your game console, your laptop/tablet/PC, your 5 smart devices” as well as “A large group of people will get more and more access to your way of life. In addition, there will be an option to influence your way of life, which is a side nobody signed up for“, a stage that is now coming a lot faster than I expected. The Vizio case is only the most visible one now, this whilst more evidence is coming that Microsoft is engaged in similar actions. Is it not interesting that Microsoft is not mentioned? Perhaps that is because they are only doing that outside of the US? What is interesting is that with Vizio, places like Time.com states how to deactivate certain options, there are more and more indicators out there that this is not an option with Windows 10. How many devices use that? The other part we need to know is that the Vizio case started all the way back in 2014. So it took the trade commission well over 2 years to get there, and for how long was data collected? The interesting part is however not there, it is in the quote “manufactured VIZIO smart TVs that capture second-by-second information about video displayed on the smart TV, including video from consumer cable, broadband, set-top box, DVD, over-the-air broadcasts, and streaming devices. In addition, VIZIO facilitated appending specific demographic information to the viewing data, such as sex, age, income, marital status, household size, education level, home ownership, and household value, the agencies allege. VIZIO sold this information to third parties, who used it for various purposes, including targeting advertising to consumers across devices, according to the complaint“. You see, the issue is not seen towards one place, when you consider ‘including video from consumer cable, broadband, set-top box, DVD, over-the-air broadcasts, and streaming devices‘, this implies that Vizio played the field and was also getting the data from Consoles (which hurts Microsoft and Sony) as well as Foxtel (several data paths), so did Vizio get dobbed in? You see, in 2014 this field was in its infancy, now in 2017, whilst data will be the essential centre stage to all matters big data related, now it gets to be a different thing and still the media at large is asking way too few questions on the who, where and for how long. And as our exposure is set to 2014 cases that are only decided now. Even as now suddenly a wave of newscasts is hitting the screens of people on how Microsoft has privacy tools, how Microsoft is trying to quash gag orders. Microsoft is part of all this from the ground up. Whilst within a Chinese wall environment, one side of the wall is boasting that they champion the privacy of others. As we see that there are now Microsoft privacy tools, we see that that part comes with the small quote “coming to future editions of Windows 10“, which is the case because Microsoft and AT&T are very aware that being alive is being in the game and data is the one element that allows them to do it in an affordable way. There is an additional side, which was brought by Forbes. It is just a week old and gives us the consideration we actually need. The part where we get hit with ‘Tempest in a Teapot’, which could just be a storm in a teacup is not that minor an issue. You see Forbes own Thomas Fox-Brewster is setting the stage, but is he doing it intentionally so? consider “Trump’s decision should only affect the privacy of data handled by government agencies, not private companies” as well as “the only way in which the order may affect non-U.S. individuals lies in the manner the Department of Homeland Security handles personal information“, which is actually the part we should not care about. It is the ‘private companies‘ part that is the actual danger. First we need to take a look at the legal part. Now, I can do that, but the experienced people at DLA Piper (at https://www.dlapiper.com/en/us/insights/publications/2016/07/privacy-shield-is-final/) did that and I just hate inventing the wheel twice. Yet in that part the following issue rose, and it did so because it has happened before (and it will happen again). It is seen in this part ‘Secure personal data and ensure the ability to restrict secondary uses‘ and the issue is not because of that part exactly, it is because of the technological side to it. You see the restrictions on data and backup data are not the same, backup data is not seen as data. Forbes actually raised it in 2012 with “First and foremost, IT auditors need to come up to speed on the implications of auditing data that’s beyond the organization’s control and beyond the organization’s home borders. While some auditors are worried, many are more optimistic that these requirements provide business opportunities within the security, compliance and auditing community as organizations move data and long-term storage into the cloud” as well as “When data is moved beyond an organization’s technological and geographic borders, the organization runs the risk of losing control of how that data complies with regulatory compliance. By addressing legal and regulatory challenges up front through technology, an organization can begin architecting an off-premise, cloud-based storage solution that meets the business’s needs as well as keeps regulatory compliance at bay“, yet only now, or better stated only recently do we see a shift that places like SAP are now realising that technicians and consultants have their own agenda’s and an American one does not see things the same way a European technician sees things. Computer Weekly raised it, but they did so with the interesting quote “data analytics technology, will ensure that only technicians in Europe will have access to potentially sensitive data held in its cloud datacentres, if companies demand it“, you see, it’s the ‘if companies demand it‘ part that matters. If provider A has an infrastructure yet it gets its backup serviced by consultancy provider B who uses a different cloud and cloud system, where is the security set when system B is in the USA and system A is in Italy? There we might see the term ‘data safety is not impacted‘, yet it is equally not impacted when Intelligence Agency ‘who gives a damn‘ has mirrored that backup and now has 100% of all data. That is the realistic issue that the Privacy Shield addresses, but does it do that in equal measure for a cloud corporate infrastructure? Is the backup party vetted, or even identified? You see, this is not about paranoia or what people learn about me. This is about large corporations getting an even more unbalanced advantage. That part is not addressed because those supporting large corporation only need to delay things (Vizio 2014 is evidence enough). It is Kevin Werbach from The Wharton School, University of Pennsylvania who gives the parts I have been referring to. In a podcast on innovation we get “Companies like Uber and Airbnb are built on algorithms. They’re built on software that understands supply and demand and matches people on both sides of the network“, THIS IS IT!

That is why the players need the data and as much as they can. Do you think that people like Mike McNamara (Target Corp) got a massive oversized budget for the fun of it? No, he realised (and successfully sold that to the board of directors), that if he had the data and the systems in place he can take K-Mart and Walmart to town and take chunks of their share, in the next 6 months we are likely to see the first small victories, small in start but it will be a growing wave, have no doubt about that part. These are the advantages that larger corporations have and some are doing it ethically acceptable. Yet in a similar fashion I see that those taking a different path are not questioned or hold to any level of accountability. How is that for screwed up? I have nothing against these places, but in the global setting, Target would gain an advantage against the Dutch C&A if this continues. I believe that to some degree competitiveness is a good thing, but what happens when the tools available are not available to all? What happens when one retailer is ethically kept blind, whilst the outside competitor has a dataset describing the national population in excellent detail? Where is the fairness then?

So are we facing a fight with three players? That is not a given, there are a few elements in motion over the next 18+ months so there will be shifting. Except those who are claiming and considering not participating, they are pretty much out of the game for good. Nokia is now re-joining the mobile fight, trying to bring a competitor to the Pixar XL and the iPhone 7 to the fight (Nokia P1), what was interesting is that they avoided the one ‘mistake’ the Google Pixar has. It will be one way for people to get a cheap solution this year, but will it be enough?

Not enough data to tell and that is where it sets the pace of the continuing fighters, who has the data? Which might be the premise of a joke. Three fighters were getting into the match. One thought it was a prize fight, one thought it was a prise fight and one assumed it was a price fight.

Which player do you think will be the one left standing in the end?

 

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The Turkey shoot

There are these moments when we hear that term, especially in the US in October & November where the American dream for some is a father and son(s) trip get into the wild and shoot one of them Turkeys. It is nothing most of us are used to, but like the foxhunt, there is tradition. I am in favour of the Turkey hunt, because, for one, there are strict limits which usually tends to be 2-3 at the most. Meaning that in this case, the family has thanksgiving and Christmas covered. You see, in that case I am not against hunting.

sxp-turkey-hunter-512307-3245l

 

 

 

 

There is a wisdom to only shoot what you eat, which in my case is not an option because cannibalism is a crime under the NSW Crimes Act of 1900. Yet in this case it is not about such a Turkey shoot. Today is about Turkey as a nation. This turkey shoot started a few hours ago when (at http://www.businessinsider.com/40-turkish-nato-soldiers-have-requested-asylum-in-germany-2017-1), we saw the change with ‘40 Turkish NATO soldiers have requested asylum in Germany‘, with the quote “About 40 mostly high-ranking Turkish soldiers who worked at NATO facilities in Germany but were suspended after the failed coup in Turkey in July have requested asylum in Germany“, you see, this is a Turkey shoot of another calibre. One where President Recep Tayyip Erdoğan is continuing the strangest of policies. It is hard to draw and make distinction between what happened and what is publicly stating in Turkey that happened. There is too much going back and forth and unless you are there in Turkey, there is little hope of anyone getting straight facts. The Independent gives us “to establish an all-powerful presidency while seemingly Islamising Turkish society to a degree not seen since the fall of the Ottomans“, yet in all this, the stated quote “the sacking of 8,000 police and 30 governors as well as 52 high ranking civil servants. This is in addition to 70 admirals and generals along with 3,000 soldiers and 2,700 members of the judiciary fired“. This is not just an overhaul this looks like a national change one that is not unlike the changes Saddam Hussein started in 1968, yet in this case it is anything but bloodless and like Sadam Hussein, Recep Tayyip Erdoğan is also a Sunni Islam, giving us more issues down the line as the ties with Saudi Arabia will strengthen over time. This change will also impact Israel as there is every chance that cultural ties with Israel will dwindle more and more in the same way the cancelled military contracts in 2011 went the way of the Dodo. So as we realise within the quote “This coup may not have been as big as the Government now says it was in order to justify its crack down on all its opponents, but it was still impressively large and was not far from succeeding from seizing power for a few hours on 15 July” that the numbers were not there, yet success was inches away from getting the change made, we can sense the paranoid approach that President Erdogan is setting its mind to. Yet, will he undermine his own presidency? In a country with 79 million people. Its population is only slightly larger, yet land mass wise, it is 350% the size of the UK, giving additional issues over time. Turkey as a secular nation has had a freedom of religion in place, yet when we look at Saudi Arabia, where Muslim law is in place, these elements could fall away from Turkey down the road, which means that two events are likely to start over the next year. The first one will be a shift in investors as they see the investment waters turn muddy and none too friendly. This will in turn escalate a brain drain where the brighter Turkish minds will seek their fortune elsewhere and elsewhere in this case means nearly anywhere but Turkey.

Is this a given?

No, it is not, but overall they are the likely event that will come to places like Istanbul, impeding, if not stopping commerce and the Turkish economy. A massive slowdown will come and the Turkish borders are confronted with more and more radicalisation. On May 1st 2016, in my blog ‘Homerun by UKIP‘ (at https://lawlordtobe.com/2016/05/01/homerun-by-ukip/) I gave a link to heavy.com where ISIS was making an appeal to Turkish sympathisers. Heavy.com is showing more and more extreme video’s where ISIS is giving a message of suicide attacks in Mosul, which is not that far from either Syria or Turkey. Three weeks later a similar video on actions in Sinai. There are indication that this level of radicalisation will deliver different flavours of Muslim faith to Turkey, the question becomes how realistic are these dangers? We can agree that there is a long way from Mosul to Istanbul, yet the people in the Istanbul nightclub who saw the attack on New Year’s Eve will not agree with that assessment. Even as many might agree that ISIS does not have the numbers in Istanbul, the 40 high ranking Turkish NATO soldiers are a first indication that as the top of the Turkish military falls away, there will be an increasing amount of chaos and more important a lack of military based support as the people are either not there, or the higher ranking troops require too much confirmation from too many locations before acting, giving ISIS a tactical advantage, in addition to the ones they already had. So as ISIS is inviting its followers to a Turkey shoot, it will be the bird population that will feel a sense of safety and security as they are not the target at that point. If you think I am trying to make a point, I am! The actions that ISIS is showing where people get casually decapitated by knife or by strapped on bomb, we have to wonder one element. You see, The Observer is showing ‘UK’s £100m weapons deal with Turkey ‘turns blind eye to rights abuse’‘ (at https://www.theguardian.com/world/2017/jan/28/100m-arms-deal-turkey-blind-eye-rights-abuse), what they are not mentioning is the ever increasing danger that business partner and NATO ‘ally’ will request (read: demand) assistance from its partners when it comes under more direct attack by ISIS. At that point what will happen? When NATO allies are thrown into that extreme mix? The French Legion Etrangere, the UK Marines/SAS and Dutch Marines might be trained up and ready for that fight, the rest of the Eurozone military is unlikely to be ready and partially too inexperienced. In addition, if some remember the January 2016 quote “Dutch police have arrested a former soldier suspected of killing Islamic State (Isis) jihadists while fighting alongside Kurdish forces in Syria last year, the prosecutor’s office said” (source: the Guardian). We need to consider how the law is impeding the fight on these Jihadists. We can all agree that the rule of law counts and as such it was legally the correct thing to do. Yet as ISIS becomes more aggressive in its inhumane actions, can we afford to remain this ‘legally minded‘ (read: politically correct in a legal way). I am not stating or inviting lawless acts, yet the law has ignored the fact that terrorists utterly ignore rule of law, in that regard, should they receive any consideration? In the view of some, the rights of non-combatants needs to cease in the eyes of prosecution, which in this view evolves as ‘if you go there to ‘hunt’ terrorists you might not be prosecuted, yet in equal measure you have no national protection to call on when things go south!‘, this is one approach and perhaps not the worst one, because when you consider that the Turkish diaspora in the top 5 nations, namely Germany, France, the Netherlands, the USA and Austria surpasses 4 million, most of them having ties of some sort to Turkey, the dangers of anti-Jihadi Turkey shoots in Turkey is not far-fetched. I am willing to go one step further, the amount of people signing up for that event would easily surpass the people who went to Syria to chip in, meaning that the Intelligence services will have an entirely new dimension of issues with radicalised returning veterans giving Europe at large more issues to deal with, that whilst certain logical systems are still not ready for the last three issues that plagued Europe and this too will drive nationalism and Eurozone rejection on larger scales.

In all this, we need to underline one issue in the entire alleged military plotter. the Quote “The German government has expressed alarm about the crackdown on alleged plotters linked to the coup while Turkey has criticised Berlin for failure to extradite alleged terror suspects“, is more than just a small issue (at https://www.thelocal.de/20170128/turkish-nato-soldiers-seek-asylum-in-germany-report), you see, this isn’t opening or closing doors between Germany and Turkey. It is merely handing opportunity to ISIS who will have options to cash in on the tactical advantages Turkey is handing to them. In that, the arrest of an ‘ISIS judge‘ around January 26th, implies that this judge remained around for 3 weeks after the attack, with possible more recruitment drives completed. The fact that his bum storage mobile was caught as well might assist the ISIS hunters (read: although it will be smelly data), the fact that ISIS has some level of organisation running on the European side of Istanbul should be seen as a worry and the current path President Erdogan is on might not be the best option, as it will very likely give way to more radicalisation, a path that ISIS has been exploiting a little too successful lately.

 

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On the bridge of slavery

We have seen several steps coming, it has been in the air for a long time, yet, this is the first time where we see a clear step where we are clearly shown that the people no longer have a voice, we are no more than a collection of items in a long reign of collateral damage to MP’s and greed driven entities. The guardian gives us “MPs to push for further measures to increase parliamentary scrutiny of the Brexit process” (at https://www.theguardian.com/politics/2017/jan/25/theresa-may-agrees-to-publish-brexit-white-paper). This is the show of a group of toddlers who do not want their gravy train to end and they will give any excuse with assistance from the media to prolong their train and maximise their earnings. We see this in “which MPs now want to see before they are asked to pass legislation to trigger article 50“, there was a referendum and the people wanted to get out. Now we see MP’s scurrying to delay and to even stop that what the people wanted.

And the evidence is actually getting stronger on an international level. My issues is that the only one taking this to visibility is Richard Desmond’s the Daily Express and if I have no trust in the publishing ramblings of Rupert Murdoch, I am very much in favour of giving none to Richard Desmond either. Yet, seeking through the article for any name that gives any solid ground for other sources and I got it in Reuters. You see, we now have an almost Mexican standoff, meaning that we can ask President Trump to get into action. The issue is that Mario Draghi gives the quote “Any country leaving euro zone must settle bill first: ECB’s Draghi“, which makes me wonder whether this court jester of idiocy is making the statement as he has been racking up trillions of Euro’s in debt by instigating through flooding the market with funds, that in actuality has had no impact on the economy whatsoever. There is no one to clip the wings of this irresponsible person, those people are all too happy to get the juicy support that their future needs. That is how I see it and lets support that with the following parts that Reuters had in the form of a piece by Francesco Canepa (at http://www.reuters.com/article/us-ecb-eurozone-idUSKBN1542KL).

When we look at the debts, we see the quote “As these payments are not generally settled, weaker economies including Italy, Spain and Greece have accumulated huge liabilities towards Target 2 while Germany stands out as the biggest creditor with net claims of 754.1 billion euros“, so as Mario Draghi keeps on going like a spending jester with a credit card that isn’t his in the first place, we would see that these nations do have debts yet local parliaments never agreed on the spending spree to this extent. So when we get the quote “In a rare admission about the strength of feeling building up against Brussels the Italian pen-pusher Mario Draghi, president of the European Central Bank (ECB), said countries leaving the euro will face huge financial consequences“, we also need to take into mind who got the debt there. So when we see the threat from Mario Draghi, we should consider my article of June 30th 2014. A little over 2.5 years ago. (at https://lawlordtobe.com/2014/06/30/exit-strategies-anyone/), here I wrote “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“, now we see that not only was it true, we now see Jester Draghi use it to keep France and Italy under his yoke, he is hereby hoping that the soft UK MP’s will give in, keeping the European Barge named ‘Irresponsible Spending‘ afloat. So, not only was I right, there is an additional issue that I initially proclaimed that the American Economy would drown the European one. I still believe that this is true, yet there is in equal measure now the chance that the ECB could with their irresponsible acts collapse the American one. Because when we see that three nations are shouting stronger and stronger that they want out is also a clear signal that the ECB has been, as I feared for a long time, stacking up debts to make the exit no longer possible. So in that, there is now an added need that Mario Draghi is to be halted spending ANY money at all. If he is forcing a ‘stay in until all debts are paid‘ he is also stating that he should not be allowed to spend any money that has not gone in, basically the ECB would have to go into a trillion plus euro debt and see it as an investment, which with the view of the three largest players wanting out, that step is a bad investment. So will Mario Draghi pull out, or will he hope on non-acting MP’s in several nations who are too fearful of change? Safe money is on the second one, but that in equal measure indicates that those hit by such extremes will seek more and more extreme political sides and soon thereafter, UKIP would be seen as the liberal view which holds the balanced centre of politics. How scary is that?

And we aren’t even close to the centre of blackmail. The view two weeks ago was “Intermediate Capital Group (ICG) will suspend further investment in France if National Front leader Marine Le Pen becomes president in this year’s elections“, which is fun as the scores of Financial advisors in London are looking for new eager shores that they can exploit. Even when we see the news, we see more and more ‘relabeling’ of what is, into what speculators want it to look like. When we see the title ‘Eurozone: Towards a stabilization of growth – Natixis‘, we see something positive, yet the quote “Jesus Castillo, Research Analyst at Natixis, notes that the Eurozone composite PMI remained almost stable on January 2017 at 54.3 and from the manufacturing sector side, it seems that once again Germany has driven the Eurozone expansion“, which seems nice, but from my point of view with the quotes “it means -0.1 point compared to December. The manufacturing PMI rose to 55.1 from 54.9 whereas the services sector survey has registered a small decrease by -0.1 point to 53.1” as well as “From the manufacturing sector side, it seems that once again Germany has driven the Eurozone expansion. The manufacturing index increased by 0.9 point from 55.6 to 56.5 whereas it declined in France (from 53.5 to 53.4) in January“, which means that in the Eurozone, only one nation is getting anywhere and the other 18 aren’t pulling their weight and not getting things done. Harsh, but true. It is in this collection of false relabeling scores, where we see ICG blackmail France, scores of banks blackmail the UK (question: should I use the word ‘blackmail’ or is ‘Psychic Assault’ a better word?), because that is basically what it is and the fact that these players are not named and shamed is an issue for me.

In this 10 days ago, we had the fact that the ECB is also making its choice of ignoring other voices “The European Central Bank will hold to its course at its first meeting of 2017 Thursday, analysts said, resisting clamour to tighten monetary policy from critics pointing to increasing inflation. Since December’s meeting of the ECB’s Governing Council, when it extended mass bond-buying from March to December 2017, price increases in the 19-nation single currency area have picked up. The increase to 1.1 percent from 0.6 average inflation across the Eurozone in December still leaves the indicator well short of the ECB’s target of just below 2.0“, meaning that the ECB is playing an increasing dangerous game whilst loading this debt onto a group of nations with already maximised credit cards. The fact that only Germany got any decent result is also an indication that the ECB is setting a premise that increases the overall European debt by 2 billion a day and nothing to show for it. We can accept and we need to take into consideration that some of these events are long term actions, yet in equal measure it didn’t work the first time, so the second time making it lasts longer is equally a bad idea, which is why he earned the Jester hat.

This reflects back to the EC, because as we see more and more push against Brexit, which some parties are hoping that it will in equal measure diminish the dangers of Frexit. Even as the BBC (at http://www.bbc.com/news/uk-politics-38753808) gives us that ‘Brexit: Article 50 legislation to be published‘, we see in equal measure “But it is expected to face amendments from MPs and peers, while others have said they will oppose it outright“, giving the people a new fear, the fear that the freedom they had on the referendum was fake, a virtual war where the will of the people was never real. We can accept that the “Supreme Court on Tuesday, when judges ruled that Parliament must give permission to start the Brexit process“, which is acceptable, yet in equal measure we now face that in all this, as the EC began this path was never properly set, the lawmakers deceived and betrayed the people of the sovereign nation of the United Kingdom. Even as we know that article 50 is merely the informing part that the UK is leaving the EU, the Supreme Court stopped this from ‘just’ happening, and in that I have no issue, the Commonwealth has always been directed by law (as stated earlier). It does become an issue to me when I see “face amendments from MPs and peers“, the question becomes, what amendments? The people want out and this group of people is growing fast, all over Europe. The bickering, blackmail and phony posturing by those not even properly paying their share of taxation has been a blight in the eyes of the tax paying people. So as we look at John McFarlane and his spearfishing, or is that spearheading a fishing campaign? Anyway, the AFR is reporting on John trying to keep the banks where they are. I am still decently certain that as Frexit is becoming more and more a certainty, those not remaining in London, or those vastly relocating staff, will within 24 months see a sway where they have to explain to the shareholders a massive loss, due to relocations, loss of staff and loss of opportunity and revenue, due to a loss of staff, whilst in equal measure needing to show massive expenditure in France and Germany whilst the revenue never got close to the change. More important, the anger of people with every delay on Article 50 is also prompting other nations to truly spearhead a move out of the EC. So as we consider (at http://www.afr.com/news/world/europe/stay-put-for-brexit-deal-banks-urged-20170122-gtwblk) the quote “Bankers have moved from talking about a “transitional” period, instead labelling it an “implementation” or “stability” period, mirroring the language and rhetoric being used by the British government“, this whilst no one is asking how come that London was the financial centre for Europe before the Euro existed, before we got this open borders stuff. The British centre of commerce was well established, so in all this, why would it have been lost in the first place and for those moving consider that a one market place might see best, but we have shown again and again that it only profits the large corporations and there is too much showing that the next 10 years will not be in hands of large corporations, it will be the smaller ones that will actually start economies and set changes. Those people still see London as the centre of their universe (whether reasonable or not). In that article there is one part that remains cause for concern You see there is truth in “Jes Staley, the chief executive of Barclays, said he did not think that Britain or the EU would use Brexit as an excuse to roll back the global financial framework that has been implemented since the financial crisis“, yet we know better and what Jes is stating is not true. The truth is that, as Reuters gave us in September 2016 (at http://www.reuters.com/article/us-basel-banks-eu-idUSKCN11W1PA), that the banks are very much in favour of rolling it back to some degree. As we see “The European Union may opt out of new global rules aimed at preventing another financial crash because officials are worried they put European banks at a disadvantage at a time when they are losing market share to U.S. rivals“, even at that point, a mere 4 months after Mossack Fonseca, more and more shifts were seen. There is more than one indication that after Mossack Fonseca got out into the open, many had to vacate places and move and interestingly enough, according to Andrew Penney, Rothschild & Co, the U.S. “is effectively the biggest tax haven in the world”, this is also how we learn that private wealth is doing just fine, it merely got as new letterhead from either (or both) an accountancy firm and a law firm.

How do these elements connect? What does wealth management have to do with slavery?

These are important questions and you need to ask them! You see, the freedom of choice, to leave the EU has been undermined for some time now. I understand that it was a close call, yet the Bremainers lost, and just like American Democrats, they are very sore losers, because they aren’t getting their way. In addition, those who have no vote and also require the Bremainers to win are large corporations who require every part of an inch of margin to keep their profits as high as possible, because their bonuses depend on it. That part is no longer an option as these people need to be held tax accountable, as well as these corporations require them to pay their fair share of taxation. With the EU behind us, UK laws can finally be adapted for this to happen. We see all the flim-flam presentations, bullying and blackmail on how they walk away. Yet we can clearly see that the UK was merely the first one. And some margin from 68 million consumers is better than losing 68 million consumers, which is what the UK is steering towards. The untold part is that all these noisemakers do realise that losing the UK and its customer population is really bad, so having some profit will always be better. So when we see the Guardian (at https://www.theguardian.com/politics/2017/jan/26/brexit-bill-mps-will-get-five-days-to-debate-article-50-plans), with Labour MP’s stating “to guarantee the protection of workers’ rights and securing “full tariff- and impediment-free access” to the EU’s single market“, gets the response ‘who are they kidding?‘, workers’ rights is one and that has existed in the UK long before the EC, in addition and the crunch is ‘tariff-free access‘, which is just to appease large corporations and that has been the problem these last 8 years to begin with. So who is Labour copulating to? (Oops: I meant facilitating for). In addition UK Labour wants as an amendment “to oblige the government to keep all existing EU tax avoidance and evasion measures“, which seems nice, but that could have been avoided if proper legislation had been pushed to come down hard on tax evaders. Yet Labour in all their terms did absolutely nothing to get that decently sorted, so screaming for it now seems a little redundant in my humble opinion.

As we watch from that bridge, we see twists and turns, whilst from the distance we see how financial institutes are enabled more and more, our freedoms fall away. The Financial times being the voice of Bankers on how the ECB is making its predictions. “The European Central Bank has stepped up its warning that it will be difficult for the UK to hang on to its valuable euro-clearing business after Brexit, calling for EU institutions to seek more, not less, oversight of the trade in London once Britain leaves the bloc“, (at https://www.ft.com/content/51a68c6e-e094-11e6-9645-c9357a75844a), which sounds nice and threatening, yet, do the people realise that when Brexit becomes a fact, Frexit will be around the corner and that also means the end of the ECB soon thereafter. So as we see the issues brought by Benoît Coeuré, we see in addition “we’ll have to know what are the new foundations, and whether this is good enough to ensure financial stability in the Eurozone,” he said. “Is that possible? I don’t know . . . It sounds challenging,” he said, adding that the issue “is not for the ECB to judge alone. The [European] Commission will have a say, governments will have a say.”“, this is fair enough, when the UK steps out, another European EC nation could end up clearing Euro derivatives, that is to say, where is that infrastructure in place? The article brings however an interesting side. With “Theresa May, Britain’s prime minister, indicated that financial services could be one of a number of areas where the UK would like to retain “elements of current single market arrangements.” But that idea of special sector-by-sector deals encountered an immediate pushback from other EU leaders, who are wary of British attempts to cherry-pick advantages of EU membership“, this view is not incorrect, yet in equal measure, what cherries would the Amsterdam, German and French markets like to pick? The point I am trying to make is not the issue by itself, which is fair enough, the issue is surrounding the people behind the curtains. People like Mario Draghi, Benoît Coeuré and the other four. When push comes to shove, I feel that they for the most have their own needs in mind, the public at large should have seen by now that the ECB has been pushing their own game, the rising debt is only one of the games played. The other one is actually shown in an interview with Romano Prodi (at http://www.italy24.ilsole24ore.com/art/politics/2017-01-16/intervista-prodi-132036.php?uuid=AEIWmr), there Prodi states: “The euro area’s economy is however recovering, although, according to European Central Bank President Mario Draghi, the main risks come from the field of politics” on one side we see that the ‘recovery‘ is misplaced as shown earlier is  at less than one percent and Germany is the only one achieving it in the end, that is not recovery. What Mario Draghi calls ‘the main risks come from the field of politics‘ sounds nice, but in the end, most politicians have an economic knowledge that is a mere joke (slightly less than my non-economic education), they get their advice from economic people most of them connected to banks, and they don’t want Brexit to happen. In addition, as shown earlier, the banks are starting to push back against Basel because of the US advantages, meaning that the banks are becoming larger risks again. Does anyone remember how these bankers ended up in prison in 2008? They did not! Their quality of life only increased to the larger degree whilst the rest of us saw a diminished quality of life that even today has not restored itself. So the view from the bridge is not that great, it shows on how we lost too much and in all this Bremaining could spell even more disaster before the end of the year. That last one is not a given, but we always knew that there would be hard times. Now we only need to worry on when that crash does happen, on how the ECB will blame everyone except for themselves and their utter reckless spending of trillions. The bridge of slavery has no view, yet unlike the Hussaini Hanging Bridge you do not get to die if you are ‘lucky’, you get to live through the agony of cleaning up the mess others made and they end up being protected and not held accountable.

 

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As the costs come

There is an issue that we see floating at Pressnet. Actually it’s an issue that started last week. I got the news from Retail Week (at https://www.retail-week.com/companies/bhs/bhs-admin-costs-spiral-as-mps-demand-answers/7017777.article), yet it came from several directions, so there is ample visibility. Yet, what is going on? This is an important part and even as there is great benefit to anyone’s soul to blame PwC for this, yet is that fair? The question becomes, is it in the books? When we look at the previous audits, was the quote “BHS administration costs have come in at £1.3m more than expected as MPs question a £35m ‘floating charge’ paid by Arcadia” a fair question? In all this, are these floating costs in the books? I actually do not know, yet I equally question why certain parties aren’t openly asking these questions at the PwC desk. Is that not equally odd?

The two quotes that matter are “If it was such a completely standard move, as Duff & Phelps claim, one wonders why it was reversed by the co-administrators as one of their first acts upon being appointed, and why the PPF seems to take a rather different view.” and “Meanwhile, Field questioned the transference of a “floating charge”, put in place at BHS by Green’s Arcadia Group. Duff & Phelps transferred the charge to Linklaters last October“, this now gives us the parts:

  1. If we accept the bankruptcy announcements of April 2016, how come that this is done in October 2016?
  2. If we accept that a floating charge is ‘a liability to a creditor which relates to the company’s assets as a whole‘, than the part that this is a credit to the Arcadia group should be in the books, and should have been in there for some time I gather, so why are there no questions asked at the address of PwC, in addition, why are MP’s not asking certain questions from Linklaters? Now, we should accept that Linklaters cannot divulge too much (read: any) information, yet when this was all set up could be seen as mere administration and that needs to be logged, which means that either Arcadia or BHS could release that information, if they choose not to do that, the question that follows should be a lot more serious and we need to wonder what else is in play.
  3. When we look at the quote “If it was such a completely standard move, as Duff & Phelps claim, one wonders why it was reversed by the co-administrators as one of their first acts upon being appointed, and why the PPF seems to take a rather different view“. In that I look at another issue, the quote found in Professional Pensions gives us “A spokesman for FRP Advisory declined to comment, adding all that needs to be said is covered in creditor reports“, yet if it is there, should it not also be in the accountancy audit? That is an assumption from my side, and I could be wrong, yet the amount of £35m moved via Linklater in April 2016, if none of the audits has this on paper, questions should be asked, if it is there, questions should still be asked, yet it seems that questions are asked in such a late stage. In all this, City A.M. gives us: “Tension has been building between the PPF and Duff & Phelps throughout the administrative process. In November, the PPF voted against Duff & Phelps’ request to increase its fee. Malcolm Weir, head of restructuring at the PPF, said BHS pension scheme members deserved “value for money”“, which sounds fair enough, yet in all this, even if Arcadia hasn’t received the funds at present, the fact that we see “The £35m was never paid to Arcadia. It was always held in an account to our order. Our legal advisers have confirmed that the floating charge is valid. However, I understand that the liquidators and their legal advisers have made comments concerning its validity, but, I nor my legal advisers, have received any evidence to support their view.” In that regard, we now see that legal advisors are on opposite sides and both sides claim their version of validity, as legal advisors would. This is not in question at present, what is interesting is that the media at large have not included PwC in any of this, as they have been seen as the auditor of BHS. Oh, and there was a reason for me mentioning: “if none of the audits has this on paper, questions should be asked”, be aware that I have no experience on corporate taxation. However, would it not make sense that a £35m invoice would impact next year’s taxation significantly and as such, should it not be mentioned?

In this let me take you back to the previous article, where I discussed the Financial Times (at https://www.ft.com/content/4c3965f2-3c4e-11e6-9f2c-36b487ebd80a). Here we see “The Financial Reporting Council said its investigation related to PwC’s audit of BHS accounts in the year before the retailer was sold by Sir Philip Green’s Arcadia Group, in a deal that wrote off £215m of debts“, which is fair enough. In addition we see “At a committee session in May, PwC partner Steve Denison was asked by MPs to explain why the firm was prepared to sign off BHS as a “going concern” just days before its sale for £1“, which is fine too, yet where in all this is the £35m transfer to Linklater for the Arcadia group? If Duff & Phelps took control in April, would the accountant not have been aware of the thirty-five million, as such should PwC have been aware? (Read: not implied, yet questioned).

Let’s not forget that the Financial Times article was from June 27th, which means that the £35m should have been on many minds at that time, yet for the longest time there was little to no mention. I would think that if a firm is sold for the price of a mere Tesco Sliced Wholemeal Batch Loaf, would a question not be ‘What else needs to be paid for?‘ at that point the entire £35m transfer should be on the top of everyone’s mind, especially as there was a decadent pension gap issue many times that size? Perhaps it is just me, but that would be on my ‘media’ mind. Not just the actual newspapers, a few other publications (like TV and morning shows) would have had a field day with the mention that pensions will remain short, but the bosses will get squared for that thirty-five million. Emotions would be running high that day, let me guarantee you that emotions will run high on that topic!

In that regard, some MP’s are starting to ask additional questions as we see a fees increase £500,000 for Duff & Phelps’s. I wonder how many additional man years of work have been spent that warrants a £500K increase. The week gave the quote: “When they were appointed last April, initially at the behest of Green and then approved by the BHS board, the company estimated its costs would be around £3.5m“, now I imagine that an insolvency comes with all kinds of complications, but how much work, how many months of full day activities warrants £3.5M? I do not know, I am merely asking, especially as the pensions have been for the most unpaid for years now. The site this is money gives additional connections in the shape of Goldman Sachs, where among the top earners at the investment bank’s London office will be the former co-chief Mike Sherwood, who faced questioning from MPs last year over the bank’s role in the BHS scandal. He landed a $21 million pay and bonus package last year, worth £15 million at the time (at http://www.thisismoney.co.uk/money/news/article-4120336/Now-bankers-bonus-Brexit-Goldman-staff-BHS-probe-donate-pension-fund-says-MP.html).

Now a lot of this news is between 1-2 weeks old and a few items are merely days old. Yet in all this we see a massive drain to less than a dozen people, where including Arcadia a syphoning through invoicing has surpassed £50M if we include the Arcadia bound payment, yet all is not well as several sources give large payments in their report, yet the exact part of what represents BHS is not given, but implied to be a large part. As such Mike Sherwood might have ended up with 21 million dollars, yet what part is though or because of BHS is not given, in his position, with his amount of accounts, the BHS part could be less than 1%, and as there is no clarity, the Week who gives us in addition “Huge payments to bankers who worked on the BHS deal could prove particularly controversial“, only if the bulk of these payments were regarding BHS, but that is not a given, I would add, it is exceptionally unlikely. By the way, those people did not really bother reporting that when Greece got back onto the markets In April 2014. In my article ‘Are we getting played?‘ (at https://lawlordtobe.com/2014/05/18/are-we-getting-played/), where we saw the disastrous act of Greece getting back on the bonds field selling 5 billion in bonds. Yet the media at large was very very eager not to mention that the few bankers connected to this ended up with a total bonus of $50 million for what amounts to 3 days of work. So on one side they refuse to give the info, now we see incorrect (or at least incomplete info), with a reference of 21 million, the package of Mike Sherwood.

Yet there is more, the part I find hilarious is “Frank Field MP, chairman of the Work and Pensions Select Committee which quizzed the Goldman bankers on the deal, said: ‘This gives them an ideal opportunity to donate something to the pension funds, to make partial amends for the failure to give effective advice“, you see in that, he didn’t make any such reference to PwC. Pricewaterhouse Coopers, has been seen on the minds of a few as we see (in the Telegraph of all places) “select committees have also said that they have welcomed the Financial Reporting Council’s investigation into why PwC audited BHS’s accounts as a going concern when it was evident the high street chain was dependent on support from Arcadia Group, Sir Philip’s empire which includes Topshop, Dorothy Perkins, Miss Selfridge and Burton” in that the red flags of pension deficits we see a £571m pension deficit and kindly audited by PwC, so who else are they auditing in the Empire that is (or was) part of Philip Green?

Yet in all this, at present there is, just like with Tesco very little noise regarding the Financial Reporting Council and PwC, it seems like the press walks away when these two are mentioned in one sentence. After June 2016 there is abysmal little to see, which after Tesco and BHS that should be a little weird. Even when we look at the BHS elements now, overall the Auditor is left unseen in more serious ways, other than that Tesco is now hiring PwC again for other services, which after the shortfall and the DeLoitte results is a little bit weird to say the least.

You see, last year Aditya Chakrabortty in an opinion piece wrote: “Cameron warned of “the slow-motion moral collapse that has taken place in parts of our country these past few generations”. He was right. It’s just that it’s been led by those at the top – the ones at the boardroom tables, their expensive helpers – and their mates and supporters in politics using taxpayer money to wave them on” is not a wrong view, it comes three years after I made pretty much the same claim, so we can see that some players are a little late to the party. What is linked that when it comes to the matters as happened with BHS, crime literally does pay. It does for the auditor, the business men who own the place and sell it for £1 as well as the politicians who threaten with a £1,000,000,000 fine which will never happen (that pesky thing called the law gets in the way). You see, for many of us and for the victims it is a crime, yet from a legislation point of view that is not certain and it seems that no crime took place, because the people are not in jail, not in the dock and not in court. They are refurbishing their £10 million estates, whilst the working victims cannot make ends meet and where the auditor gets rehired by those they seemingly wronged for even more high priced consultancy.

As the costs are handed to the corporations in the shape of invoices, we see that crime seems to pay and it does so at a lower tax bracket than normal incomes. It can be stopped, you could be on the other side of the equation. You only have to be willing to do the one thing others did not anticipate and you have to be willing to be utterly ruthless. Basically you have to become a businessman like Sir Philip Nigel Ross Green and hire and firm like Pricewaterhouse Coopers to advice on your endeavour and audit it.

 

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