Category Archives: Law

Rephrasing a Minder

Politics tends to be filled full of weird and crazy people, from my point of view those people tend to be members of the Labour party. That view got a new light in the article ‘Labour calls for closer scrutiny of tech firms and their algorithms‘ (at https://www.theguardian.com/business/2016/dec/18/labour-calls-for-regulation-of-algorithms-used-by-tech-firms). Now, there are two sides to any equation, so let me give you the two that I have.

1. I believe that tech companies have been facilitators for too long, many will not accept any responsibility for way too much. On the other side, I do believe that the only working internet is a free one. So when I read the words from Shadow minister Chi Onwurah, I honestly did not regard her to be anything more than a person seeking the limelight. It is equally important to realise that she is using last week’s amazon debacle in Scotland, with questions how that relates to regulating algorithm, it’s a mere application of employment law, is it not?

From the quote: “The outcomes of algorithms are regulated – the companies which use them have to meet employment law and competition law. The question is, how do we make that regulation effective when we can’t see the algorithm?” I feel slightly cautious to call Chi Onwurah a joke, there is a chance that some of this was lost in translation, if not, she has a larger problem to deal with. That problem will be clearly visible when she decided to look into a mirror. So why to look at my point of view?

You see, there are no regulations on algorithms, they are basically formulas with a solution. In addition she states: “greater scrutiny of the mathematical formulas that now control everything from the tailored news served to Facebook members to the speed at which workers are required to move around an Amazon warehouse“. I think that we need to look a little closer at the last statement. You see, it is highly likely that any staff members would need to meet a certain amount of jobs for shipment and delivery. Yet how feasible is that requirement? I can’t tell from the description that was given a week ago, too many variables missing, that does not make the approach regulated. Yet like in any job, workers have ‘responsibilities’, yet more important, they have rights. These are clearly set in most countries of the Commonwealth, so how does that equate to apparent regulated algorithms.

2. The openness of any system will silently advocate the abuse of it. A not so good example was given by the Guardian (at https://www.theguardian.com/technology/2016/dec/04/google-democracy-truth-internet-search-facebook), where we see ‘Google, democracy and the truth about internet search‘. We get Carole Cadwalladr with the quote ‘and this was Google’s answer: Jews are evil. Because there, on my screen, was the proof: an entire page of results, nine out of 10 of which “confirm” this‘, which started with typing 7 letters ‘are Jews’, which is an issue from character one onward. She then tries to dilute the issues by setting the image of the search of ‘are women evil’, probably to ease the tension, but the damage is done, short-sighted (as I see it) she continues. So whilst she wastes two paragraphs on titles of the slightly anti-Semitic nature, which she then sets in an atmosphere as “I feel like I’ve fallen down a wormhole, entered some parallel universe where black is white, and good is bad. Though later, I think that perhaps what I’ve actually done is scraped the topsoil off the surface of 2016” and she ends with “This isn’t a secret Nazi cell lurking in the shadows. It’s hiding in plain sight“. As I personally see it, she is the person who has been standing behind an iron for most of her life and now she sees her first microwave, a cliché if I ever saw one.

You see, the article goes on for some time and there are really good parts in it too, although the spatial map is a bit of nerdy space we could have gone without, the issue I never see properly addressed is that the term ‘are women evil’ and on number one is a WordPress blog, literally with the link ‘sheddingoftheego.com/2015/06/25/are-women-evil/’ and the title ‘Are Women Evil?‘ literally a perfect match for what the person was seeking. Google worked perfectly. What is ignored and what influences many sights, especially on how Google Rankings are influenced. Now Google has a way to counter it, yet this is not immediately done and it is not perfect either. Places like Reddit are actively working on posting whatever they need to raise their ranking and the rankings of their customers. It is interesting that the Guardian, the Huffington Post and Forbes take absolutely ZERO time to explain the games that SEO’s are playing to influence ranking through scripts. because it is in the end what someone was seeking for, yet the fact that this is the direct value for SEO’s and terms like ‘Tips on how to improve your website’s ranking on Google’s search engine results’ were also ignored in these articles giving rise to the one sided and unbalanced view the press is giving, whilst those in the digital media all know that this is done and those who are doing it usually have a massive tag list ready to add to EVERY story they write.

So when we see the quote “Many search results are now reinforcing extreme views, with articles denying the holocaust or disparaging women increasingly appearing at the top of the rankings“, we need to wonder Chi Onwurah should even be allowed to be Shadow Minister of Department for Business, Energy and Industrial Strategy, or Just the elected MP for Sesame Street. By the way, what I did not know is that this department is also responsible in the area of Intellectual Property, so if Labour ever wins, we need to get scared fast.

So getting back to the MP in my sights, it is important for her to realise not just what a google search does and what it shows, but the elements that influence it and what happens under the real guise and the influenced guise of what people are looking for. By the way, her article acted for possible millions of additional clicks, because she raised the issue, whilst not raising the alert of how the numbers get influenced. So, as we go down the article, we do need to stop at a part that matters a lot. This is seen in the quote “Social media platforms are being blamed for allowing the spread of misinformation and online abuse, conditions which some argue are fuelling the resurgence of extreme politics in America and western Europe“, which is a fair point, yet as bullies and trolls can hide behind the freedom of speech without accountability, there is little chance of this changing, in addition, this isn’t a transgression from 68 million people in the UK, it is the search result and interaction of billions of internet users on the planet, so as there is no localised situation, misinformation and online abuse remains. In addition, as Chi Onwurah should clearly realise, when we see webpages with quotes like ‘Millions of People Are Cancelling Their Netflix Account Because Of This One Site‘, whilst the link looks like a cookie 2 miles long, all set to improve visibility. The media at large, including the UK make use of professional cookie, tags and ranking strategies and all kinds of advertisement counters, so when she is talking about regulations, setting anchors against the exploitative use of cookies might not be the worst idea. In addition to that thought, whilst labour was in office, they did zero to get the tax accountability rolling on corporations, so to see this quote “need to take responsibility for the unintended consequences of the algorithms and machine learning that drive their profits” in the reality of the law (the act of facilitation), she needs to realise that her statement is empty and hollow to say the least. So when we see “we need a tech-savvy government to minimise the downside by opening up algorithms to regulation as well as legislating for greater consumer ownership of data and control of the advertising revenue it generates“, she is not unreal, she is utterly unrealistic for even considering to open up that tar pit, because once we see that regulation come to ground, the economic algorithms are the first one we will have a go at and at that point, when that reality comes knocking, she will soon be the loneliest politician in the history of the UK. In addition, is it not interesting how Bing was not mentioned once in all of this? Why is that Chi Onwurah? Basically this is an act of discrimination, however let’s not nit-pick in an article that is already shoddy in several ways.

The software engineering reality (historically speaking) is that the Google search results and Google ranking was filed in 1998 with a priority in 1997. Lawrence Page realised that the content on the internet would be growing exponentially and as others were concentrating on corporations and corporate views the founders of Google looked at a much bigger picture, so finding anything would sooner rather than later become a massive issue.

In an age when the ‘great’ internet companies were about image and looking cool, Google started to get professional. In the days of Yahoo, Yahoo was the search engine of choice. Alta Vista, later Excite and a few others were garbage from week 1 whilst never catching up in any novel way. Yahoo started in 1994 and they were leaders for a while, and in the 90’s as Yahoo grew its value, they started to lag behind. Now the irony is that Yahoo got started at Stanford and the Google rank patent was designed and invented at Stanford too. By the time someone started to ask the right questions it was already too late and the Google patent for ranking gave them exclusivity which will last a little while longer, but others are now considering the consequence that Google Rank patent will still be in effect when G5 starts, as the issue of ranking is still growing near exponentially as more and more files are added and with G5 it will take on an additional dimension.

now we see the issues that are brought to the foreground in what I regard as a half-baked shadow ministers approach, asking ‘questions’ and implying regulations, all this whilst a below par informed level of knowledge is shown in the articles they set to press. One of the issues is actually shown in one paragraph in the Huffington Post “Finally—and this is the key point—even without human intervention, Google’s algorithm, while doing exactly what it’s supposed to do, routinely boosts one candidate higher in search rankings simply because of normal “organic” search activities“, which is the cornerstone. As we know, organic search (what you type in the google search bar) is used, yet what happened when this is done through scripting? What if a few of the 200 parameters gets influenced from outside though scripted actions, again and again? That part was never clearly mentioned, but it is the bread and butter of nearly every SEO, to get the position and ranking of their clients to the very top, in every possible way and method and the shadow minister does not give any visibility to it, the visibility it requires and deserves.

That is the flaw in all this and this is the need to rephrase a minder, a minder who as I saw it never understood the plot, or she did know and she was misinforming the readers to some extent, yet how much requires misinformation and was that not what she was accusing social media of? So as we await Labours industrial paper, we will have a few more options to have fun of labour especially as they define supervision whilst again not getting any results in proper corporate tax legislation, not even as suggested proper corporate tax legislation.

taxformulaSo should we see the taxation algorithm for large firms where x is the taxable amount, b is revenue and a is tax deductible options, you know that it is not just the regulations of algorithms she got wrong.

 

I’ll let you decide.

 

Leave a comment

Filed under IT, Law, Media, Politics

The mental state of health

This all started two days ago when I got alerted to one news issue and shortly thereafter to something entirely different. Let’s start with the news, you see, the news I got was rather extreme, even for the average judgement in criminal law. You see, it all started with the mere headline ‘Prisoner jailed for 45 years over letters threatening to kill people‘ which was a bit much. For example in the Netherlands when you drive and kill a 2 year old and in addition kill the grandparents, you get 120 hours of community service. At 8 hours a day that is a mere 3 weeks, if you work the weekends too, 2 weeks is all you have to suffer. So when I read 45 years I tend to wake up and really wonder what a person needs to do to get 45 years. Mainly because killing children or committing treason no longer gets you anything to that degree.

The issue was given in the Guardian (at https://www.theguardian.com/uk-news/2016/dec/14/inmate-jailed-for-45-years-over-letters-threatening-to-kill-people). The issue is clearly seen in the quote: “A prison inmate who wrote a series of letters from his cell threatening to kill 10 people, including prison staff and police officers, and then have sex with their corpses has been jailed for 45 years“. Consider the following two quotes; the first one is “Heath said the maximum sentence for an offence of making a threat to kill was 10 years’ imprisonment“, the second one is “The judge said he was trying to balance the need to protect and the need to ensure that the sentence was not “wholly disproportionate to your criminality”“, which it clearly seems to be. You see, no matter what the convicted man wanted. Either never to leave prison or to get the limelight. Basically the man committed psychic assault and there would be a consequence to that, yet the line between 10 years and 45 years is massive. You see we have no idea what that person would have been like after 10 years. So how come that 45 years is suddenly an option? Only because of the quote “The judge Michael Heath, passing sentence at Lincoln crown court on Monday, described the long jail term as highly unusual and said the case had caused him “very considerable anxiety”“, so the judge got anxious? That makes the case clearly a loaded canon on several fronts, not to mention the dangers of after overturn costs when the appellant court would consider the verdict to be disproportionate. So what makes this case such an issue for me? You see, the quote I overstepped earlier was “Ford wrote a series of letters from his cell at Nottingham prison in which he identified people – including prison officers, a fellow inmate, a district judge, a police officer and a former partner“, what if the letters to the police officer and the district judge were the reason for the over inflated verdict? If that is regarded and those from the established order of jurisprudential would be the reason our verdicts become a lot more severe, we would be walking a very dangerous tightrope, one with long term consequences. Now do not get me wrong, the man is guilty, that was established, yet from 10 to 45 years is a massive leap. So now we get to the good stuff, because there is more, there always is. The fact that we need to consider “he had been assessed by a number of psychiatrists but there was no recommendation he receive hospital treatment“. So why not? The fact that the psychiatrists did not recommend hospital treatment implies that either he is not that crazy or other elements are not getting the illumination they need. Would that be a fair assessment of the situation? It might be even darker and the man has a split personality, all complications that might divert from a successful diagnoses, all still giving pause to the need of 45 years, no matter the level of creepiness that this mental health case is showing to be.

You see, this issue and it is a real issue is only part of it. In almost the same timeframe I got news of something entirely different. It is something fresh and new from Cornell (at https://tech.cornell.edu/news/this-smartphone-keyboard-app-can-read-your-emotions). The headline ‘This Smartphone Keyboard App Can Read Your Emotions‘ is a lot more interesting than you think it is. The quote “Keymochi uses data like typing speed, punctuation changes, the amount of phone movement, distance between keys, and a user’s rough sentiment analysis to detect emotions“, might seem to be an average achievement, it is not. I think it is an optional invention for something a lot bigger than the makers envisioned. The quote “To protect privacy, Keymochi does not store what is typed, just how it is typed—the physical cues and the sentiment analysis from PAM” gives us the initial goods, the larger prize is given by “So far, the app is able to predict emotions with 82 percent accuracy“, now consider that this is not on a smartphone, but on a tablet. What if this app is adjusted to aid the psychiatrist that possibly failed in this case and now gets to deal with additional data and evidence? What if this app could enable additional emotional data? Consider that this is the first generation where the bulk of action is no longer done with goose feather and ink jar, but with the keyboard. Our auto acceptance of pretty much every keyboard gives an interesting consideration on the valid honesty that we give our as we take out our frustration and denied inner considerations to a keyboard. Let’s not forget that an initial 82% accuracy is not a bad result at all.

Yet the original intent as it was designed by the three Cornell Tech students, Hsiao-Ching Lin, Huai-Che Lu, and Claire Opila was to detect emotions, which is what we knew, yet their application is that as a user is typing out a text message or email via smartphone, each movement adds to an emotional profile of the user. In addition, users can select one of 16 pictures to indicate their mood by using a photographic affect meter. Which is brilliant in its own right, so that the issue we have seen for too long in auto fix and auto correct in android so as we see “even when a message is communicated in complete sentences, we often misjudge the author’s intentions and current emotional state” it makes perfect sense, because the bulk of us, have all experienced the weird response when we were trying to type something funny, or just a little sarcasm, which got the response like we had slapped that friend with a 9-Iron at maximum effort. So the pictures would be a great help, especially as the receiving party gets the message “you doing the munchies again?” with a picture of a laughing chipmunk. Yet as I read the article, I just saw a whole range of possibilities growing from within the system itself. The upcoming art/science of digital diagnosis might be in the early stages, yet as we see the overload of data and responses we face in the 5G universe that is about to arrive, these tools will present an exponential need, not just on a consumer level, but on the level of the tool creators who want to give their consumer that little bit extra. In that regard the timing of these three students could not be better and I feel certain that they have a decent clear path towards exceptional growth. Yet as stated before, I feel equally certain that the scope of applicability of this tool goes a lot further then perhaps even they realised, which is just a lovely layer of icing on the cake.

In addition, when we look at one final part, the part on how their app could interact with domotics and automated mood parameter transfer as Google Home envisions it, is only the start of the large cake they could be serving a massive interested audience.

 

 

Leave a comment

Filed under IT, Law, Media, Politics

How misinformed are the French?

This is what today’s article in Reuters brings to mind. The article (at http://www.reuters.com/article/us-france-election-frexit-idUSKBN1420HF) gives the following information: “But unlike Britain, France has a written constitution, which states that “the Republic is part of the European Union”. So a “Frexit” would require a constitutional change which experts say is difficult, but not impossible“.

You see, we are being bombarded by the media regarding the European Union, yet what about the European Economic Community, which was later renamed into the European Community?

More important, the fact that we see this: “France has a written constitution, which states that ‘the Republic is part of the European Union’“, this might not be in question, yet when a system is intentionally made complicated, is that a valid system? (We see that happening right now in the UK), in addition, when we consider the utter lack of accountability that the EC has shown in the last two years alone, gives rise to the imbalance and the unjust path the EC has been on. There is also the part where we see that Mario Draghi and his ECB are now feeling more and more the loud voices of political opposition. Which is likely the reason why we see (at http://www.europeanceo.com/finance/ecb-opts-for-longer-but-leaner-quantitative-easing/), that the title now reads ‘ECB opts for longer but leaner quantitative easing‘, yet the fact that this might lower the quantitative easing by €20 billion a month, yet the extension until December 2017 now implies that the French and the United Kingdom end up getting a massive part of an additional €830 billion in debt, that is almost a trillion more. Bloomberg had already given its view that the expected results were never met, more important, some critical voices give rise to a failing QE program as the debt increases, yet no economy was actually kick-started, there was a lack of results. By the way, when we add the €700bn of QE reported in April 2016, the debt goes well over the additional trillion, giving multiple headaches to France, the UK and Germany. In addition, it will with certainty drive the Frexit group stronger. Even as we saw in the Reuters article “A poll published by Ifop in July found that 67 percent of French voters who expressed a view would vote to stay in the EU. Only 33 percent were against“, which is the opposite from what was seen in February 2016, we need to realise that the upcoming message that France will inherit their share of a 1.3 trillion Euro additional debt through quantitative easing, that will fuel a possible drive of those 67% Fremainers into the Frexiteers Garrison that Marine Le Pen desires at the drop of a hat (any hat). The fact that a failed plan that keeps on getting prolonged reduces Mario Draghi to a one trick pony, or a one trick Wall Street Mule as some economists rumoured regard him to be after the October 8th IMFC meeting. This might have been in regards to the statement “until the Governing Council sees a sustained adjustment in the path of inflation towards levels below, but close to, 2% over the medium term“. By the way, that paper reads like it requires the United Kingdom not to succeed its exiting path, which might just have been my interpretation of it. In addition, the quote mentioned earlier is also stated in regarding the TLTRO-II actions. So, lets realise that I am no economist, yet in the lighter side of all of it, consider that a bank owes amount x. Now we add the TLTRO-II and suddenly the banks debt becomes x+(x*0.3), so we get a 30% increase in debt, this would be a consideration when it wasn’t part of the quantitative easing already happening. In addition, we get “if a bank sufficiently improves its lending to the real economy, instead of having to pay interest, it can receive interest by ‘paying’ a negative rate. This rate can be as low as the deposit facility rate, currently at -0.4%“, so how much fraud (read: apologies I meant accidentally misreported numbers) will we face now? ‘Lending to the real economy‘ is like finding a virgin with nymphomania and 12 service of years in a brothel (read: Really?). In addition to this, the banks get extra money. So When we go to any bank stating we want to add to the economy, so we all borrow 50 million, because we add to the economy we receive $200K a year. Which we spend on food, bills and other things, so we get money and spend that on a real economy (butcher, baker and pastry maker) whilst getting money for spending it. How weird is that? Of course what they see as ‘real’ economy and my view of that are widely apart I reckon.

Yet in all this, we see another game being played, one that I speculatively ‘accused’ the ECB to play almost a year ago. The fact that they are raising the debt to such an extent that it becomes impossible to leave the EC, the UK is getting dangerously close to that point (France might have surpassed that point already, mainly because their economy has been flat for a lot longer). And in all this we see news cast after newscast on how things are slow, too hard and impossible. This almost makes me wish for the age of Alexander the great, where he dealt with the Gordian knot. In today’s version we are almost at the point where the UK only needs to cut off the heads of Jean-Claude Juncker and Mario Draghi and that problem is solved too. #SubtletyRulezOK

In addition, the document seems to set up hidden traps, traps that if adjusted will hurt many in the long run. The quote “prioritising public investment and reducing the tax burden on labour“, so this is not a reduction on taxation for the workers, it is a reduction on taxation on the cost of labour, meaning that corporation taxation will go down even more, yet the ignored definitions that governments face are the results of those reduced forms of taxation, because that money goes to the boardrooms and if the feelings of reduced enthusiasm for Apple, Google and Amazon were low earlier, wait till you see the feelings in several nations when the American policies are stronger enforced towards the US and where the golden rules for the auditors become that corporate contribution (revenue minus cost) will shift and the money trails push all that contribution towards the US. This is a reality I saw in the late 90’s with American companies. As well as a push that senior positions were to be held (for the majority) by Americans. Now, a company must do what it think it needs to do, yet with lower corporate taxation, unbalanced taxation where the bulk of revenue is not taxed and tax laws are still lacking in efficiency as well as holding corporations accountable for certain tax values, we will see a growing imbalance of cost of living and what I would call the implosion of governing budgets because the money isn’t coming in from several sides as all sides are etched to the needs and desires of corporations. And people are still debating that Brexit is a bad deal and that a one market world is a good thing. Now take the 30 largest corporations add what they paid in taxation and add what their revenues were. After which you go to the tax office and demand a similar deal. How hard will these tax employees laugh in your face?

You still think a one market deal is anything but an engine to enable the non-taxability of global corporations?

It gets to be an even stronger issue when we consider the Guardian article (at https://www.theguardian.com/business/2016/nov/29/new-cars-imported-from-eu-may-cost-10-more-if-uk-leaves-single-market), which is two weeks old. You see, why would we care? Why get a foreign car? In Australia, the makers didn’t like the deal they had, they wanted more and more tax breaks making the car industry pretty much the first one with legalised slave labour. Why would we want to support this? Why would the UK support this? Consider the UK with 68 million people, now if only 50% had a car, than that would still be a massive amount of consumer goods. If the UK stops importing cars, those in charge behind the screens will then suddenly look for a solution whether a car could be made in the UK. They currently have 4 cars made in the UK, but those are high end cars and too expensive for those usually needing one. This is how VW started its empire, in 1932 it started the people’s car project. A car for every person, Volkswagen, which pretty much translates the German brand. The Australians are not in such a good spot in that regard, but it is still a 20 million citizen market, with plenty of 4 wheel needs. Those car exploiters forgot about the consequence when a market on a national level states, we no longer need you. That is why the single market is so important to them (mostly those in the boardrooms). And as Toyota reported a drop of 40% compared to last year, the consequence of nations no longer needing their brand must be a massive nightmare for those getting a bonus based on sales results. In that regard they will feel the pinch and they will feel it a lot harder than ever before. They are however feeling good because ‘Toyota’s earnings performance is improving, mainly because the yen is now weakening‘, which sounds nice on an Abacus, but the massive debt that the Japanese people face ($9 trillion at present), how long until the Japanese stop to consider how much interest that actually is; considering that Japan only has 123 million people. At 0.1% interest, if it even could be that low, implies an interest of 9 billion a year, this sets the interest to $73K per person per year. So how is that going for the Japanese budget, especially when you consider that the average man in the land of the rising sun makes up to $20K a year? So how is that formula working and how much worse is Mario Draghi making it for Europe? You see, it is my personal speculation in this that the US and Japan are pushing parties in equilibrium, when the debts equalise there will be no way back for Europe. Europe will be at the mercy of the incompetence of America and Japan. At that point, as a member of UKIP would state it: ‘I don’t want some bloody yank telling us how to keep our debt, I don’t want any debt‘, but at that point it will be too late and we will be left without options on a global scale. Did any of us sign up for that? In addition, do the French realise that my speculation is not that far off?

This is a path that I have stated before and in earlier blogs I have clearly stated that we are in for a bumpy ride, I actually expect a new crash late 2017, early 2018 at the latest, so when we see that this article by Pension and Investments (at http://www.pionline.com/article/20161213/ONLINE/161219969/natixis-survey-investors-turning-to-active-management-amid-expected-2017-volatility) gives us the title ‘Natixis survey: Investors turning to active management amid expected 2017 volatility‘, by the way, that is a group of people where the lowest income would be close to 30-50 times my income, so these people have serious cash to play with. So the quote “As a result, asset owners plan to reset their portfolios, relying on active management and alternative assets as they seek to manage risk and boost returns” seems a little bit of an issue when we realise that Mario Draghi and his quote “as part of our expanded asset purchase programme (APP)” gives a whole new light in all this. It almost amounts to a speculated shift in ownership of assets, where governments are buying assets via the ECB (intentional or not) and in addition, these portfolios get to reset themselves and get rid of what would soon be new bad debt. Whilst the Guardian reported in November 2015 that the European banks were sitting on €1 trillion of bad debts and the quote “The increase in lending has been accompanied by a very gradual improvement of asset quality, although levels of non-performing exposures in EU banks remain a concern and a potential impediment to lending growth and profitability” now reflects on Mario Draghi as he basically has been adding more than €1 trillion more (making it a total of €2.3 trillion) by the time we get to December 2017. When the upcoming volatility shit hits the fan, all our financial futures will go straight into the sewer.

So, when the French realise that, do you really thing that there will be any non-illegals left in that country considering to remain in the European Community?

More important, when some of these factors start hitting the UK, its population could end up demanding a sledgehammer hard Brexit almost overnight. Yet, again, that is pure speculation from my side. In the meantime, I should apply for a job at Natixis, facilitate for people who will actually end up having some money left from January 2018 onwards. I have to eat too and I would love some French grub, even if I have to Join Legion Etrangere for that part (do not worry readers, I no longer meet their standards).

So as you now wonder how informed the French are, I need to wonder in equal measure if they are the only ones not getting the full picture (read: awareness), the fact the Dutch move out of the EEC is now getting a lot more realistic, even more realistic than I ever thought it would be, gives additional light to the title and topic in this blog. Yet so far there is a decent indication that Frexit will drive the decision of plenty and Frexit will come to a referendum before the Dutch get that chance, meaning that the French vote will clearly influence the Dutch one, yet to what extent cannot be said or stated. In addition, the Rhine and the Rotterdam harbours would not get the economic punch as hard because of German needs, meaning that these ties will remain strong for the need of both, but that is no guarantee that the Dutch will not feel the initial hardship of change, to what extent cannot be stated with any degree of reliability.

 

Leave a comment

Filed under Finance, Law, Media, Politics

When everyone is a winner

You have heard of these special schools? The school where everyone wins, no one has a bad grade and everyone is special. Yes, we are talking about the Eurozone, the one school where lessons are not learned, where those who posture (read: all) win a prize, or perhaps they fetch a price. What matters is that this social path does not get us anywhere.

You see, I am not some anti-social person, I understand that we can be compassionate, but I do have a problem when grown men, all making 7 figure incomes are given that level benefit of doubt. Mainly because I could do a better job for half the price. We see the first issue a few days ago when Wolfgang Schäuble makes the statement (source: the Guardian) “Greece must implement economic reforms if it is to keep its place in the Eurozone“, and when we see the degrees that this man has, we might consider that he is not a demented toddler, so when we consider the knowledge that we have obtained over the last year:

1. A nation can only voluntarily leave the Eurozone.
2. Considering the UK and the hassle it is facing just to get past article 50.
3. The fact that Grexit was not a possibility, which drove the UK towards Brexit and France towards Frexit.

Can we sincerely ask the question why this man is opening his mouth posturing some level of adulthood (or adultery for those with a sarcastic look at the EU charter), whilst all know that this is basically an empty statement?

So, if the statement “If Greece wants to stay in the euro, there is no way around it – in fact completely regardless of the debt level”, the entire Brexit could have been avoided when the children of the EEC commission had acted when they should have (read: all the way back in August 2014), so because the denied ‘status quo group‘ who tried to keep the gravy train going we all had enough and most Britons decided that going it alone is just the best solution, now that we see that this same group is realising what they are about to lose, it is only now that we see the first noises to make the hardest decisions, all because they are about to lose trillions. The fact that this comes from Germany is not a surprise and it isn’t linked to the hardship the Deutsche Bank faces. Yet, the people behind Schäuble (Wall Street and the IMF, which is my personal speculation), we now see desperate steering towards alternative solutions hoping to find an option to thwart Brexit and perhaps steer Frexit away from a referendum course. It might work, but we all need to realise that French pride has already been dented, so there is no way to accurately tell how that part will pan out.

We see a diversionary tactic in the quote “With his own popularity plummeting in the face of fury over creditor-mandated cutbacks, the prime minister, Alexis Tsipras, had hoped to wrap up a second review of policy measures in time for Monday’s meeting as part of a broader strategy to secure short-term debt relief and participation of Greek bonds in the European Central Bank’s quantitative easing programme“, yet this is all true. So why do I call it a diversion? You see, the players behind the screens are about to lose thousands of billions (read: trillions), so Greece and their 300 billion really do not add too much on the entirety of the big picture. Even as the US is heralding such huge achievements in unemployment figures, most will not realise that in February, after thanksgiving, after Christmas and after January sales, the shops will downsize by a lot. There is a lot of speculation on Black Sunday and the other shopping spree numbers, but as too many speculations are given here from too many sources, we actually will not know the actual outcome until mid-January and after that any action and all numbers will get quietly hushed to page 23 of newspapers. That is done because the Democrats really do not want anything in that regard to receive too much visibility until January 20th when all eyes will be on the start of the Blame Trump campaign.

What is a given is that the American administration is facing dire moments and their only fortune is that this impacts Wall Street, the IMF and the Rothschild’s, so their all uniting in finding any solution that keeps their Status Quo. They might not be related to the band, but the tour that these players have been preparing for will include hits like ‘Whatever I want‘, ‘Roll over stay down‘ and ‘Rocking for all that I own‘. Now, what is the link between the IMF and the Rothschild banks? Well, it is not what some conspiracy theorists states like: ‘Rothschild Bankers Looting Nations through World Bank/IMF‘ or ‘Hungary Becomes First European Country to Ban Rothschild Banks‘, what is of principle matter is the claim that ‘The International Monetary Fund is an international development banker. It makes loans to governments. It gets its funding from member governments‘. Yet, when you consider the debt these members are in, with the top 5 having a total debt that surpasses 35 trillion, can anyone explain where their money is actually coming from? The short answer is that the funds are fictive and virtual, and basically as I personally see it based on fraudulent economic settings to say the least; which now implies that only the larger (read: largest) players with the Rothschild family at the very top are included as behind the screen underwriters (for a percentage of course, they are not philanthropists), that is the reality of banking and those underwriters want to see their money. So at this point losing 300 billion is nowhere near the issue as losing an amount surpassing 5 trillion. So there is every issue in play and the German Wolfgang Schäuble is doing the ‘kick off’ whilst everyone is slightly less interested in economy and more into the Christmas parties with the office assistant in a horny accommodating outfit that in the mind would include transparent Red Santa lingerie, willing to engage in activities of a ménage-a-troy kind.

Welcome to the holiday season they will think, whilst on the other side the economy is decided for the largest players in a setting of debt by those not elected but enabled. The mere consequence of governments and the corporate contracts. The debt must flow, the debt must grow and the UK moving out of the EEC is the first step into giving the UK its true independence from these financial institutions. That part is now also under attack as the ‘British Balls’ (read: Labour Party Ed Balls, former Economic Secretary to the Treasury) is at the core of that part, as was shown (at https://www.ft.com/content/2616611e-a665-11e6-8b69-02899e8bd9d1), on November 17th in the Financial Times. You see, even as I have had a few disagreements with its Governor (aka Marky Mark of the British bank), the man has steered it correctly in the direction the United Kingdom required it to go. Yet now as this does not pleases the non-governing parties at large, well Balls, let’s make a deal, shall we? If we agree to reign back the independence of the Bank of England, you must agree and sign a decree per immediate that any politician squandering treasury money due to any level of negligence (or incompetence), will have to go to prison for 10 years without the option of parole. Would you sign that Ed? Consider the NHS IT issue of 11.2 billion, how many of your friends will be set to prison? How many negligent programming contracts were signed off on? Are you willing to make that leap, because the only ‘friends’ you end up having are those of the non-UK kind and many of them mere graduates that were on your every word in that Harvard building where you made that speech and a few more in financial institutions who didn’t much care for the independence of the Bank of England. So how about it Eddy, you got the Balls for that one? I would expect some kind of other proclamation soon enough. You see what he wants is not any accountability in a setting where all is squandered away. The British people have had more than its share of that one. So as we read: “The paper comes after vehement attacks on central banks and their policies in the US, UK and Germany; criticism that would have been unthinkable in the 1990s and pre-crisis 2000s, when the fashion for central bank independence was at its peak“, where I would see that the idiotic notion of the Bank of England should be forced to fund infrastructure projects, whilst we know where 11.2 billion didn’t get the job done and there wasn’t enough money to get it sorted due to negligence and what I would regard after 20 years in IT as ‘steps of utter stupidity’, well worth of getting those decision makers in prison for the longest of time (read: while I am aware that the maximum prison term would be 10 years), a term that others would call too light, especially those who are now due to no fault of either party are getting less from the NHS that can no longer meet the high standards it gave for the longest of times.

So when we read in that same paper “Carney says politicians ‘deflect blame’ by attacking central banks’ Rising inequality is driven by more fundamental factors, argues BoE governor“, my response would be: “Right you are Marky Mark!“, although I would speculate that some of these fundamental factors would be the ignorance of the decision makers whilst relying on people trying to get the maximum they can out of the deal offered and the connections relying on them. That would a fundamental first to consider and solve. Which gets me to the point that those politicians will be held accountable for the support to these projects and they need to be dealt with if they fail. So the special prize for these non-kids is the one that every winner wants, 120 months of hotel accommodation in places like Holiday resort Wakefield, or Wandsworth Garden retreat in South West London? Would that perhaps up the game of a few politicians, or will they suddenly decide to be less enabling to those who see the independence of the Bank of England to be more than an eye sore and a factor that stops their maximum profit to continue? I am merely asking, not making a claim of any kind.

The Financial Times article has a few other sides and makes fair statements, even though the initial source is questionable from my point of view. The writer Chris Giles adds at the end “For the Fed, the problem is reversed and while it has in its Financial Stability Oversight Council sufficient political legitimacy for macro prudential policies, the US central bank does not have sufficient tools to do the job and cannot request new tools from the administration, it adds“, you see, the British and US systems might seem the same, but they are not. I would surmise that there is a Federal and State level of these issues that the UK does not have to the extent the US has them. It is not just the differences in approach and connections, I and most of us see the Bank of England as the pulse of the health of the British economy and as such, its independence, especially from a boatload of politicians, is essential to this view. Now, I might certainly be wrong, yet overall, how many would agree that many politicians seem to spend in what they truly believe to be for the best, whilst not having a clue on how proper debt levels need to be and they will happily push that bill to the next cycle, the NHS IT is not the only, but definitely one of the clearest and largest examples of mismanaged spending on several levels, having someone independent in charge of the Bank of England making sure that the tap gets closed before it is too late in this term with a clear look at what comes next and what else is due now. A view many politicians on a global scale are lacking. And as the US system has a much more isolated view regarding the economy enablers, the economy and the US treasury gives another shine on their view and their lacking demand for independence and accountability (again, as I personally see this).

You see, there is a lot more in play, this isn’t just on what is due to Greece, the UK or the Banks wanting there coin. The fact that left and right have to some degree social values and of course, the left tends to have a little more of that. Yet, when we look at ‘Greece under fire over Christmas bonus for low-income pensioners‘ (at https://www.theguardian.com/world/2016/dec/09/greece-under-fire-over-christmas-bonus-for-low-income-pensioners), we need to question certain responses. The quote “A goodwill gesture to ease the plight of those hardest hit in Greece by tax increases and budget cuts has backfired spectacularly on the prime minister, Alexis Tsipras” is one that is of great concern. Consider that this is about retirees that get less than €800, so, when we consider that rent in Greece is €450 or more, with added monthly utilities of no less than €140, this means than they get to live of €310, which is abysmally little. A week of food and clothes and other things at €75 per week is the nightmare scenario for even the best miser in town. Now consider Christmas is around the corner and these Greeks and those getting even less are getting a one-time bonus for Christmas. It is a social smallest act by the Greek government and after the issues that the retirees have gone through clearly the act that should be done as soon as possible. So I would really like to know the names of these ‘International creditors pour scorn on prime minister Alexis Tsipras‘, in addition, I would like to see what their functions were and their incomes from 2004 onwards. You see, I want those people and I want to see if they were in any way enabling the imbalance that Greece developed between 2004 and 2009. Mainly because the Greeks suffering now would really like to get those names and addresses. For those following a little longer, I have had plenty of criticism towards what I used to label ‘rock band Tsipras & Varoufakis’, in addition I have had additional issues with what was done over the time period, yet I had never had issues with any solution that could be found resolving the issue, in addition, when Greek was playing hard to get, I was first in line to throw them out of the EEC and the Euro, yet the power players behind all this, and possibly the people holding onto the debt markers were equally accountable. Yet, I have never had anything negative to state over the Greek people at large (apart from the stupidity of all these strikes), so I would have no issue with Tsipras giving a little release in the one month when that makes perfect sense and likely matters the most. Yet in this social climate, we see in equal measure the debatable view by Labour people wanting central banks to be more dependent on the politicians who cause a lot of these issues to begin with. How freakin’ crazy do you need to get here?

So when we consider that special school where everyone is a winner, can we actually accept or even entertain the thought of hiring someone who is on that school of thought? How much damage must Europe endure before the people at large gets a clue? There is accountability, which I have always supported, yet in equal measure, the strain on the Greek people have been unjust been brought by those who have been facilitators of a system that should never allowed to continue to this degree, meaning that Greece should have been removed from the Euro at least 2 years ago. Doing it now, could only be done if the debt of 300 billion would be forgiven, a step that the players are unwilling to give, yet in the light of all that is passing, they are now considering certain steps, only so that they can hang onto an optional 35 trillion, that is the game in play and now, as they realise that the UK has had enough and that France is on the same side of that seesaw, now those creditors are considering the consequence of pressure so now they will divide the EEC and conquer whatever funds they can, for as much as possible. In that light the one off payment is scorned on, so how inhumane have some players become and should we even consider tailoring to their needs?

The scenario where everyone is a winner is a long time away and it is unlikely that Greece and a few others feel this way any day soon, giving even more caution to the words of a president who is on the way out. And who are Greeks creditors? What is the full list, is it not interesting how the press has the detailed specifics on the knickers (read panties) of a Kardashian and the Greek government creditors list gets trimmed to the aggregated list that serves themselves and no one else. In that I believe that Yanis Varoufakis is only scratching the surface when he states “the UK referendum was a “symptom” of a series of mismanagements from EU leaders“, in that he is right and it seems that now he is less of the rock star he presented himself to be, now we see another Yanis, one that is not just driving the nails on the head, he is quickly realising that certain players are preparing for even more issues to be added to the exit of nations from the EU. Even as some is by part to smear the cogs of Germany’s needs, the quote “To take a trip down the Danube to discuss the formation of a European army – pure irrelevance. There is no evidence unfortunately that the political class on the Continent is capable of even sitting down to address the right questions, let alone, deliver the right answers“, which is at the core of failure of any created European army. The biggest issue is not how it is formed, we will see soon enough that once Frexit is a reality, what would actually be left to actually form any decent European army with? It could be a revolutionary new Disney. As we redesign Snow White and the Seven Dwarves into Germany & the 7 minions who cannot agree on anything, will we now see new polarisation in several ways being added to the list of negative plights? In addition, if Italy remains as the larger player, the mere concept of language will be the hilarity of many. I would be willing to wager that the concept as it is failing will derive laughter from 2400 Route de Pexiora, 11452 Castelnaudary Cedex, so loud that it can be heard in both Berlin and Rome, which should make for an interesting news cycle to say the least.

I have spoken against the ideas of several people mentioned in this article, I thought that they went the wrong way about things and they got bit, which I would call ‘serves them right‘, yet I have never applauded or agreed to the level of pressure the Greek people are currently under, in addition, the German finance ministers views, as I personally see them, are not about Europe and not about what would be best for Europe or the United Kingdom. I believe some are starting cycles of facilitation and enabling that will in the end be really bad for Europe, for the United Kingdom, for France and for Europe as a whole. I will let you contemplate how wrong I could be and if that is not the case why the clear outspoken opposition against these proclaimers aren’t coming from more sides, more people and more media. Is that not weird either?

A game where everyone is a winner only knows losers, a truth that goes back to ancient Greece, they were the founding fathers of the Olympics after all!

 

Leave a comment

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

A Syrian Reality

Another day, another mention of Aleppo, Syria and events. Hilary Benn speaks of the shame we all should feel. Yet, here we have an issue. Not with his sentiment, but with the clarity of who or what is in charge. Now that the UN has another meeting, labelled as ’emergency’, it is time for people to realise that labels are no longer things to see You see, CNN states ‘descent into hell‘, I say ‘the reality of choice‘. As we now see that Assad, with Russian aid secures the news like ‘Syrian Government Forces Are Close to Full Liberation of Aleppo City’ and ‘Syrian army gaining control of Aleppo eastern quarters’ we need to realise that America is no longer the leader of the free world, that it is too bankrupt to be calling any shots other than commercial deals (read: trade agreements) to feed its own greed. The fact that Libya has now asked Russia to intervene on its behalf. As General Khalifa Haftar is meeting with Russian minister to seek help, we now all need to realise that we are chasing the consent from an empty bag names America. Only now, well over a year too late are pundits all over the media field considering a change. Those who some consider to be half baked evangelical procrastinators of social sciences are now considering that Frexit ‘might’ happen. The data was clearly there for well over 26 weeks. Just like they were trying to stay buddies with those running the gravy trains, Brexit was ignored for too long and Frexit is very nearly a given next. When you consider the quote two weeks ago in the Guardian “Kenny’s administration in Dublin to strongly back any French attempt to gain more concessions from Brussels to prevent a possible ‘Frexit’“, we can now start quoting South Park (Oh my god, they killed Kenny) whilst Ireland is considering the dangers it is manoeuvring itself in.

What about Syria?

Yes, that is the question, because for the most, no one gives a dams about Syria! This is a harsh reality. When you look at the cold reality for Syria, you will consider that the natural resources of Syria include iron ore, crude oil, phosphate rock, manganese ore, asphalt, marble, rock salt, and gypsum. Most can be gotten in many places, whilst oil value is in the basement and iron ore is in an even worse place. The large corporations do not care for any of these substances, so as such The American Congress is speaking a lot, not saying much and acting even less. The evidence is all around you. This outgoing Democratic failure has done next to nothing substantial. We see mention of weapon support. It is less than it should be and likely done to write off old equipment or get some parties a tax breaks (personal assumption), it never amounted to anything serious. The same could be stated for the United Kingdom, who with the US was involved with Combined Joint Task Force – Operation Inherent Resolve, because the growth of ISIL is scary for both of them. In my view, if there is any hero to be laureled in this mess than it would be the doctors who despite this level of ignoring are still trying to aspire the best the medical profession has to offer, in my view, most of these doctors are worth of any recognition that equals the Victorian Cross (American equivalent: Medal of Honor).

The grim reality of life set to value is that the morality of the things that President Assad was accused of. Perhaps some people remember how a little over 5 years ago, the unrest of the 2011 Arab Spring escalated to armed conflict after President Bashar al-Assad’s government violently repressed protests calling for his removal. Soon thereafter we had the issue that the government of a sovereign nation retaliated against those who were seeking to overthrow that government. This is the issue, you see, many of these nations had to deal with massive gaps in quality and quantity of life. There was a great deal of dissatisfaction that led to opposition and uprising against these governments and as such things escalated. There have been widely distributed claims that the US government’s support of the uprisings fuelled actions, funded largely by the National Endowment for Democracy (www.ned.org). This in an age where people in non-governmental places seem to think that whatever they do the US government had its back. Yet the outgoing Democratic Party had no money left, even worse, the total national debt is expected to hit 20 trillion just when President-elect Donald Trump gets into office. He gets a building to temporary live in and a debt that will take more than 3 generations to remove. Whatever happens, their choice will be American based, American focussed and there will be no space for any military action of any kind unless it is due to a direct attack on America. In all of this Syria is not mentioned, because for the players at large, it has no value, not the living, the dead or the national resources. For the next 8 years at least there is every indication that Russia will get a near cart blanch to grow its influence and after this December 2016 there is plenty of evidence that this will come with full Syrian backing, and likely Libyan backing too.

So this now ups the ante for Israel and in addition, it will require the allies and friends of Israel to up their game by a lot, because this game implies that the next cold war comes with one player short, an empty intelligence coffer and a much wider supported Russia. I reckon that Alexander Bortnikov will be having some very comfortable lunches with Sergey Lavrov. I can only assume that black bread and borscht will not be on the menu, Pancake! (Internal FSB translation joke).

These events are very much at the core because the US security council has the US and Russia in opposition, so that part is not expected to get into action, the only benefit here is that China could side with US, not because of any Syrian humanitarian need, but if the US gets committed here, the US economic prospects go down further, which would suit China just fine. In my view, if there is anything to be salvaged, than it needs to be Jordan, not Syria. If we actually have any regard for lives, than the support for Jordan, for its infrastructure and resources is essential as it has been trying to give support to 1.4 million refugees (Syrians and officially registered refugees).

Let this sink in readers, we are bickering all over the world on how many refugees we should take and Jordan has added 25% of its entire population from refugees and Syrians. That whilst Jordan has always had a shortage of water and a few other resources. In my view, the actions of King Abdullah II of Jordan seem to me to be more worthy of a Nobel Peace prize a lot more than the one given to President Barack Obama ever was. I am not ignoring the issues at the Jordanian border, the given fact by Al Jazeera et al that there tens of thousands of refugees stuck in no man’s land. Yet Jordan already has 1.4 million, 25% of its entire population, they have done more than most nations have considered. That part, will be opposed and countered by nearly every nation, but that is the grim reality. I feel certain that Jordan was not working with open arms, yet when we see the few thousand that are in Greece (OK, a little over 10% of those in Jordan), the fact that Syrians (as reported by Ekathimerini) have been quoted that compared to life as a refugee in Greece, they would have preferred to have stayed in Syria. Tell me, when a person prefers to take their chances and live in an active war zone, how bad are you as a nation? Now, we can agree that Greece was in a really bad place before the Syrian refugees arrived, so that did not help the Greeks any, also their lack of any infrastructure to deal with these amount of refugees must also be accepted.

In all these matters discussed, big business have remained silent, inert and lacking actual action that make a difference. In addition, as Donald Trump is stated to make a policy change that it will be ‘America First’, which under their economic climate is fair enough, when the dust settles and President Bashar Hafez al-Assad sits on his ‘throne’ as victor, how many nations will move forward trying to do ‘business’ with Syria? How many will enter the quote ‘moving forward’ in their speeches and statements? You see, the reality of any nation has forever been that those with empty coffers do not govern, the US is figuring that out the hard way, because its actions and messages on a global scale are ignored by too many players for it not to be the case. In the end, these trade deals have a one sided benefit for American companies. They would still get to sue other governments, whilst the President-elect is moving towards the tactic of: “Instead, we will negotiate fair, bilateral trade deals that bring jobs and industry back onto American shores“, and here I will be honest, it is pretty much the only option that the US has and no one can fault America for that, just realise that those who would have enacted the TTIP/TPP would have learned the hard way that American corporations would have sued governments for the mere profit of it. That too would bring money to America, and their board of directors. In all this, in light of Brexit/Frexit and now these trade deals, we see a massive lack of national legal protection in these ‘deals’, this whilst these corporations have only consented to continue certain factories when the tax breaks are juicy enough. When that falls away, those claimed economic national benefits fall away too and even today, certain taxations that wold have been seen as fair as those places took away billions, now that the economic weather changes, nations at large need to consider where to move to next. It is that weather that made me evangelize stronger bonds with the Indian pharmaceutical industry. Most nations have a growing need for generic medication and places like Syria, Jordan and Greece even more. Yet the people who should have realised this seem to be pushing for any pharmaceutical deal with America, whilst the players all know that there will be no local benefit, none at all, so again we see now that the Trump thinks like a business man, which is what the social left is not getting (read: comprehending), whilst they ignored the tax reform essentials, they keep on giving money from empty coffers, that party is over and those not adjusting their view will be in the cold soon enough. This also means that certain values change. This is the grim reality for Syrians, their value is none and have been so for some time. Not on a humanitarian scale, but the nations at large have no funds there, so we see that we turn our backs on a situation we cannot change and we cannot influence, in my personal view, mainly because some lawmakers were asleep at the wheel in setting up trade deals and certain tax loop holes (read: these loopholes were purely incidental and coincidental, not in any way orchestrated). Now we have to choose between economic hardship and humanitarian ‘sound’ suicide, how is that a choice?

So here we are, seeing another iteration of ‘boo hoo hoo’ Syria, we all know it, we all agree and we cannot do anything, mainly because those who could, gave away the keys to the castle and the executive washroom. Those who are now in charge are setting the pace and none of them want a war where they get nothing out of. This is the mere reality of an economic driven political society of elected officials. No monarchy would ever abide by that. Should you see that the Libyan and Syrian deal have no influence, when you hear someone preach just that, and how America will get on top soon enough, also feel free to investigate the connections that are now happening between Egypt and Russia. A new air base on the Mediterranean close to the Libyan border, so as America moved out, Europe is getting surrounded by Russian bases, if we include the now permanent Russian Naval base in Syria. This is why Israel needs to change its game, because it is not outside of the realm of issues that Mossad now needs to refocus their attentions to foreign operations and data gathering. A field that the Russian have been decently good at. They do have one advantage, Sergey Yevgenyevich Naryshkin might be highly intelligent; he lacks experience and is relatively new to the job. If he ends up relying on the heads of Political Intelligence and Illegal Intelligence, the game changes, because those two are not the newbies we would want them to be and the Middle East desk will be the new hot potato for Intelligence Officers with a scent for promotion for at least 5 years (read: Mossad will have to deal with Intelligence ego’s from all over Europe). My weird sense of humour would try to push those two into the marching path of General-Lieutenant Igor Valentinovich Korobov, a proud man and as per 2016 the new head of the GRU, pride is something that often be used against that very same person.

Why mention these matters, what is their impact on Syrian refugees?

No matter what happens in the coming 3 weeks, when the dust settles, most nations would want these refugees to return to Syria, many Syrians want to return to Syria, but that place is in rubble and those people have nothing left. Syria will be a construction heaven for Russian entrepreneurs for decades to come, also meaning that the economic times will change and the Middle East picture we had of it will have changed more than many understand or want to take for granted. The Arab spring will soon be seen as a temporary thing that was not the success people wanted and proclaimed it to be. Some in those fields will object and counter with all kinds of manipulated data, in addition the press will give a few more articles on how the Arab spring was the only way and it was a good way, yet when we see that Russian influence is rising all over the Mediterranean, and now with Morocco raising the tourist numbers for China and Russia, it could be interpreted that a first signal is given to Sergey Lavrov that a conversation of interest is soon to be an option. In my personal view, one of two corridors of travel for ISIS ends up being in Russian hands. If not correctly countered we will see a radically shifted view of northern Africa with America no longer being any form of player there. This also reflects on Syria, because these nations will allow Russia to set up an empty trade house where they are merely the middle man in commerce between Syrians and Northern African partners, so suddenly there will be large economic growth (moving from zero that will always be the case) and it will push a shift in other ways too. It is the Grim reality we face, because the actual culprit was greed and we have seen how both America and the European Economic Community was unwilling and unable to act against it, which is why we will only see a stronger push for Frexit and Brexit. A move that scares the US, because the Euro and the Dollar are too closely tied and this dissolving action will be seen as the nightmare scenario by the IMF and Wall Street, where the question now becomes: who is speaking for whom?

 

Leave a comment

Filed under Finance, Law, Media, Military, Politics

Insomnia Rules, OK?

It is 3:30, for some weird reason, I cannot fall asleep and I have no intentions to play a game until I get tired, so what do you do? You start looking a little more intense at twitter and that’s how I got into the twitter tweets with a Human Rights Lawyer. Now, I am all for human rights, were it not for that pesky HRA at times, but that is not the issue. There actually is no issue. You see the tweet that got this all started was :

hr_tweet

The issue given was “I, for one, have always been somewhat bemused by the concept of a right to life. What about the young girl who tragically dies of leukemia? What happened to her right to life?” To be that made sense. You see, I am not against a right to life at all, I just wonder how you can set a phrase like that to law. You see, I have been on the other side of matters, so the right to life as seen as a concept where it is not under scrutiny of capital punishment, war, abortion, euthanasia and justifiable homicide is very much the core of the matter, The one part some add, mainly ‘public health care‘ is not in question in this case (it should be a given right no matter when, how or who). I am not against capital punishment and war allows for the situation where lives are lost, hence the right to life is not a given here. I feel different about abortion and euthanasia. You see, I do not agree with either pro-abortion or pro-life. They are stigmatised and polarised opposites of different currencies at time. Pro-lifers are all willing to hang an abortion doctor at the nearest tree, whilst pro-abortion seems to see it as a solution for unadulterated sex (read: exaggeration for dramatic effect), which is how I see these two players. In my view the truth is in the middle.

There are clear cases where abortion needs to be valid, yet I feel uncertain on the wisdom to where the line should be drawn, on the same issue, I see that pro-life doesn’t always have a clear case beyond their conviction. That view tends to be smitten with parts of religion and natural law, yet the full acceptance of both cannot be maintained, so a blanket pro-life abolishing abortion as a whole is equally unthinkable to me.

The best term is the worst classification

You see, for the most I am not against the concept of right to life, but the title itself is unrealistic in a few ways, making me side with the member that started ‘House of Lords member is unsure about a legal right to life‘. You see as stated, my issue makes the ‘right’ almost null and void. In that same setting, the quote “An obligation on its members not unnecessarily to hazard the safety of others” comes as a light in the dark. For the most, we have an obligation not to endanger the lives of others, we get this for the most when we consider the military. They get to endanger themselves and defend that life by taking the lives of those who endanger that life. In this age of terrorism and extremism (like that place you can find on historical maps, namely Aleppo).

A pro-life polarisation cannot survive, and as such the right to life comes under attack and whilst the attack on it might seem correct, the sentiment itself should never be under attack. We all have a right to life and at some point some people throw that right away and the blanket ‘right to life‘ cannot correctly deal with that situation, which is why the House of Lord member makes perfect sense. Yet telling all this in 144 characters was never a possibility, which is why today is all about that tweet.

The strongest opponents in all this is Capital Punishment and Euthanasia. At times I have had a much polarised view on those proclaiming justice here. You see, from my point of view, those who cannot hand out the death penalty might be hypocritical cowards. This is way too strong an expression, so let me explain this (I think I did in a much older blog). You see, we all adhere to the law. Now let’s say that we have a rounded 70% lawful and 30% criminal population, the law will take care of that, and for the most, all laws, even those who have no death penalty do that. I am fine with that. Yet the crime part is not 30%, within that group is a 0.000001% sub group that is so extreme, so willing to take the lives of others (like terrorists) that the law can never properly deal with them. So we either wait for that person to get in a court of law (which could be after the death of many more lives). So where was the right to life for those victims? We have a duty to hunt those extreme cases down and put them to death if need be, either by death penalty or by targeted killings. Now consider the number I gave. On this world, that would amount to 8,000 people. When you consider that as per last year 2,984 were on death row in the United States, the number I grasped at is not that far a reach. You see, when we holster the ‘right to life’ and the Crimes Act as golden calves onto our field of vision, worshipping that principle beyond all, is it not fair to say that these people are willing to set the victims of these extreme criminals as human sacrifices? How is human sacrifice seen in view of a right to life? As for Euthanasia, how much suffering should a person endure until he is either constantly drugged or died from pain and suffering? I am not stating that I have the wisdom, but I reckon that at times physicians need to be able to offer such an option, especially when there is no option to manage the pain or outcome.

In this regard I now need to address the issue that some call ‘justifiable homicide’. You see, just like ‘right to life’ I have an issue with that term. I am all for targeted killing, because it comes with a switch. Targeted killing is not the same and I am not sure if ‘justifiable homicide’ is legally acceptable as homicide is a clear crime in the 1900 Crimes Act (or other Common Law equivalent). You see, the term comes with this dictionary explanation: ‘the killing of a person in circumstances which allow the act to be regarded in law as without criminal guilt‘, that could apply to the act of a Sociopath or a Psychopath. Some could proclaim: “homicide is justified when it prevents greater harm to innocents“, you see, we now get dangerously close to Ridley Scott’s Kingdom of Heaven where we hear: “killing an infidel is not murder. It is the path to heaven“, which is not the only quote, I reckon that Ridley got part of one characters dialogue from Pope Urban II, who at the Council of Clermont in 1095 is witnessed to have stated: “Deus lo vult! – ‘God wills it!’“, which is my issue, as religion needs to stay far away from today’s Laws. I just feel too uneasy on something that can be ‘justified’ especially when a militant mass comes with hate speech and offs people to safe others. Targeted killing is not like that and as far as I can tell, from my legal point of view, ‘Justifiable Homicide‘ should not be allowed either. The fact that a valid action (like that of a policeman) resulted in the death of a person would always be investigated and the officer would either be prosecuted or be cleared from prosecution, these events have clear mechanics and when we resort to targeted killings, that too comes with a machine of checks and balances. Justifiable homicide could theoretically avoid some of these checks and balances and I really have an issue with that.

So as we are splitting hairs on murder versus killing, we are not digressing from the right to life, I am establishing (or trying to do so) that there is a right to life, yet people can act in ways to negate that right. This is why the member of the House of Lords struck a chord within me. I find myself in the same situation when I consider ‘right to family life’, to which I have had an issue or two in the past. I agree that a person should have the right to a family life. Yet in the same way as he/she has that right, he/she can also squander that right. It could be squandered through abuse, either sexual, physical or psychological, which now gets me on my issue with the HRA. You see, if the HRA was a piece with teeth, then there should be a majority who would allow for domestic abuse to be set within article 3 (torture) as it is a clear form of physical and psychological torture. The fact that this will not happen (and is unlikely to do so) makes me wonder why we have an HRA (or at least one lacking teeth under certain conditions), which might clearly be a short-sighted view and position from my side, yet as I saw my mother getting beaten to death when I was young, my sentiment remains to be on the right path as I personally see it.

All these thoughts resurfaced as that one tweet hit my eyes. Now, I have been following this Human Rights Lawyer and he makes great cases and sets the bar of Human Rights realistically high and it is always a delight when he has a go at everyone’s favourite piñata in the UK, Grayling.

So, I still feel that the tweet as exposed has an issue and I personally feel that I remain on the side of the member of the House of Lords, yet merely in the fact that the sentiment on right to life should exist, but I am not sure if that is what we should call it and in addition, we need to realise and accept that this right can be lost by the actions of the person who lost it. It has nothing to do with a child suffering from Leukaemia as stated, but from the acts of a person who does not respect the right to life of another, or the sanctity of a family without harm or suffering. Both laws, humane, yet I feel too humane and therefor I found them personally to be flawed.

I needed 7429 characters more than the 144 twitter offered.

 

Leave a comment

Filed under Law, Media, Politics, Religion

The cost of free trade

There is a side in me that is a little beyond angry. When I see these politicians whine like little bitches on how good ‘Free Trade‘ is, on how it is so good for all. I wonder if they remember the days when slavery was an actual solution for commerce. How these people look and praise Chiwetel Ejiofor (aka Baron Mordo) for playing a slave in ‘12 years a slave’. When we see “Mexico, Japan, Australia, Malaysia, New Zealand and Singapore aim to continue with TPP with or without the United States, Mexico’s economy minister, Ildefonso Guajardo, said on Friday” (Source: SBS), we need to wonder on how the TPP is seen as anything but evil, a mere apparatus of convenience for large corporations to keep a stranglehold on those around them and to minimise the number of opportunities for smaller businesses.

The Evidence?

The Economic Policy Institute gives us: “This paper does not include an exhaustive review but cites as an example Capaldo, Izurieta, and Sundaram (2016), who noted that studies claiming that the TPP would have a positive impact on the U.S. and global economy are based on unrealistic assumptions, including no change in the U.S. trade balance with the TPP countries and full employment“, which is only the top of the iceberg. You see, in addition we have “Currency manipulation is the most important cause of the large and growing U.S. goods trade deficit with the group of countries in the Trans-Pacific Partnership. Coupled with the fact that the United States is the largest and most reliable trading partner for many of the TPP countries, this is a recipe for U.S. pain at others’ gain“. This is not the USA, it would also hit Australia in other ways, not the people who secretly arranged all that they get top dollar in a few other ways. Yet, before we move on, let’s take one more part, because that will have connecting issues. The quote “Many members of the proposed TPP, including Malaysia, Singapore, and Japan, are known currency manipulators. Others, namely Vietnam, appear to be following the lead of currency manipulators by, for example, acquiring excess foreign exchange reserves to depress the value of their currency. Currency manipulation explains a substantial share of the large, persistent U.S. trade deficit with the 11 other TPP countries that has not only cost millions of U.S. jobs but also increased income inequality and put downward pressure on American wages“, and although this paper focuses on US consequences, it will in addition have a speculative negative impact on Australia, Canada and New Zealand.

The Dutch Financial Times (at https://fd.nl/economie-politiek/1176922/tpp-opzegging-holt-voorbeeldfunctievs-uit) gives us: “Donald Trump heeft de wereld deze week een belangrijke boodschap gegeven. Door te stellen dat hij de Verenigde Staten op de eerste dag van zijn presidentschap terug zal trekken uit het Pacifische vrijhandelsverdrag TPP, geeft hij het signaal af dat hij de relaties met andere landen puur vanuit de blik van een zakenman zal zien. Hij wil bilateraal met landen gaan onderhandelen ‘over eerlijke handelsafspraken die ertoe leiden dat banen en industrieën terugkeren naar Amerika’. Internationale relaties moeten voordelig zijn; anders hoeft het niet“, which paraphrased gives us: “Donald Trump will be withdrawing from the TPP on day one of his presidency. He will be looking at relationships with other countries from a business point of view, international relations need to be advantageous, or need not be“. Is that a bad thing? You see for exploiters it is, which gives us the Malayan Times (at http://www.themalaymailonline.com/what-you-think/article/tpp-aint-over-till-its-over-firdaos-rosli). Last week they had the headline ‘TPP ain’t over till it’s over‘, the article is a decent legal view of getting the TPP ratified, which only gives additional cause for concern in a few ways, yet that is not the issue for now. The one quote at the end that matters is “The government must proceed with its top-down reforms agenda and these are direly required to make Malaysia great again” This is fair enough on one side, Malayans are there to make Malaysia strong, there is no cause more just, yet in what ways are they doing this?

This is where the other side gets to show us the dangers. You see the headline ‘Malaysia workers speak of their despair: ‘Samsung only knows how to take’‘ (at https://www.theguardian.com/global-development/2016/nov/21/malaysia-workers-speak-of-their-despair-samsung-only-knows-how-to-take), shows that large corporations are at the heart of the problem. Tax shelters, exploitation and what cannot be seen as anything else than intentional slavery are at the heart of the matter. The Samsung Port Klang factory as mentioned shows how Samsung is growing its business by massively reducing costs whilst maximising customer exploitation at almost the same time.

When we see “In total, Bhandari says he paid £750 to secure his job in Malaysia – more than the average annual salary in his home district” as well as “There are an estimated 2.1 million documented migrant workers like Bhandari in Malaysia, many of them hired through third-party labour supply companies who recruit foreign workers from Nepal, Indonesia, India and Bangladesh to drive Malaysia’s industrial boom“. Implying that Samsung has no HR to speak of, it is arranged through third party affairs that are buttering their bread on both sides of the isle with a labour population in slavery. So when we rethink the Malayan Times with ‘TPP ain’t over till it’s over‘, we get that they (those making the profits) need the TPP, because slaves tend to be free (read: really cheap) and too many people seem to be filling their pockets in a few ways. So when you see “Now he’s in Malaysia, Bhandari’s recruitment debt – and the 60% interest loan he took to pay it – has a stranglehold on the teenager“, you know that this is how slavery is created and how it is maintained. Not through shackles that bind you, but debts that stop you from moving and breathing. I reckon that the old southern ‘solution’ was a lot more humane. At least you knew that there was slavery, now the boat load of governments remain in denial and the large corporations can claim to remain negligently unaware. Which of the two is the larger hypocrite remains to be seen. The fact that Australia signed this, whilst they had to be aware that this was happening to some degree is an issue on many fronts, not just the slavery part, but the fact that the TPP has the largest option of being a negative influence. You see, those who had walked away wanted to do so via the TPP, there is absolutely no guarantee that whilst in the TPP jobs are not lost to areas where labour laws are a lot more flexible.

Consider the quote “Many of the group now want to leave, if only they could. They say their passports were all confiscated on arrival in the country, an illegal but pervasive practice, and they have been told they will have to pay £740 if they want to go – the equivalent of four months’ basic salary“, which translates to a little over 4 weeks of Australian welfare. Which in light of “A Samsung statement said: “As a committed member of the Electronics Industry Citizenship Coalition (EICC), we comply fully with the EICC’s Code of Conduct and have found no evidence of violations in the hiring process of migrant workers hired directly by our manufacturing facility in Malaysia. Once there is any complaint, we take swift actions to investigate” as well as “When asked whether Samsung had repaid any worker debts at the factory, one man employed directly by Samsung instead of through a labour supply company says he hasn’t received any compensation. “Samsung doesn’t know how to give,” he says. “It only knows how to take.”” which to some degree shows that not only is Samsung not doing too much about it, it is also intent towards reaping the benefit of these trade deals for as long as they can. More important, even though Samsung is the visible one, the fact that from several sources we see “Malaysia’s trade volume is booming“, implies that there are other brands exploiting this way of cutting costs. So from that part, the evidence that Slave labour is again a ‘valid’ form of cost cutting towards commerce is given.

Should any government object that I reckon it is time that clear labour requirements are added to the TPP, I wonder how many would suddenly oppose such actions, because as I see it it is clear that Japan and USA, the two direct requirements for the TPP would not oppose it, unless Sony decides that their margins would dwindle, but that is just pure speculation from my side.

What to do?

Well, I do not think it is too far-fetched that those linked to these unacceptable labour practices are required to have a specific import license for their good, which is at a price, FTA or not! I wonder what will happen when Samsung gets a 23% surcharge on slave labour goods import. Will that suddenly make them see the light? I do not mind if they decide to make them in Malaysia, but I reckon we all agree that these workers are due decent pay and no slave labour conditions. At that point, when the margins are hit, how good was the TPP and how beneficial were factories in Asia? I do not proclaim to have the answer, I am merely asking the question. When slavery is dealt with, we will suddenly see that there is no benefit in some of these places and that other places like Argentina, Texas, New Zealand, Australia, Canada, the UK and Belgium are decent places where goods can be produced whilst the company still has a margin. And perhaps there is no need for a $229 Samsung Microwave when a $129 Sharp version would suffice. So, a $100 more expensive whilst ‘depending’ on slave labour (to at least some degree), seems odd doesn’t it?

Consider: “it promised only £268 a month, including overtime“, whilst “a payslip seen by the Guardian shows Bhandari worked 29 out of 30 days in September, including 65 hours of overtime“, so we get 65 hours a slave every month and an income of £9.20 a day, which amounts to 25% of what you get in Australian Centrelink and the cost of living in Sydney is actually high. So the next time you see those Samsung advertisements, consider that they can afford these billboards thanks to slave labour. Look at your Samsung phone and admire how you got that great deal, if you are lucky only one person literally worked himself/herself to death to make you one. Feel better now?

It is also important to realise that Samsung is not alone here, one firm does not make for “Malaysia’s trade volume is booming“, it takes a lot more than one firm and if only Samsung was involved, those people would apply for every other place on day two of their arrival. This makes the issue a lot larger and this also makes the unbalanced use of what we now laughingly call ‘Free Trade Agreements‘. So when we get another load of Bill Shorten and how the TPP isn’t costing jobs, we see a clear case that the man needed to be tarred, feathered and walked through George Street whilst a person behind him clanks the bell shouting ‘Shame!‘ It might be a little too much Game of Thrones, yet in that place they are only now abolishing slavery on the East side of that place (read: Essos), in addition, Malcom Turnbull is not free of any moral harm either. The fact that the TPP was supposed to implement stronger protections and the fact that Malaysia is still very much on the TPP ball, whilst as the Guardian shows, that what amounts to Slave labour is still going strong to me implies that those involved have either loop holes in place or that there are alternative options for those enjoying the fruits of their exploitation.

You see, the TPP Labour summary gives us: “In addition to commitments by Parties to eliminate forced labor in their own countries, the Labor chapter includes commitments to discourage importation of goods that are produced by forced labor or that contain inputs produced by forced labor, regardless of whether the source country is a TPP country“, this implies that those involved at Samsung have either a Chinese wall in place or a system of deniability. The fact that The Guardian received evidence (payslips) and had testimonials of multiple workers should suffice as evidence.

The fact that Huawei has the option to expose issues with Samsung, whilst not seeming to act, gives also pause for concern. China is not part of the TPP, it is trying to seal its own trade agreement. Even though we have no evidence on how China works in certain matters, the existence of China’s State Owned Enterprise’s (SOE) is another circle of issues and it will be so for both Australia and New Zealand, yet to what extent cannot be stated by me (read: ignorant of such levels of government rules). In that regard Huawei might have an unfair advantage (read: when compared to Samsung) and of course, Huawei could impact the booming Mobile business Australia has (read: Exchange rate of sarcasm towards giggles). As many see that China has been non-enthusiastic when it comes to dealing with corruption, the shown evidence gives us that several other nations aren’t that much better and corporate greed tends to trump government requirements. So there!

No matter how we slice it, the trade agreements only truly benefit large corporations and no one else, which is an issue on a few fronts and in that President Elect Donald Trump might be the clearest American patriot when he states “international relations need to be advantageous, or need not be“, for the simple truth is that for the most and agreement signed that was not advantageous was an agreement best not signed at all.

 

Leave a comment

Filed under Finance, Law, Media, Politics

When games become real

It is one thing to stalk a person, sneak up on that person and slice his throat, it is not that big a deal when we do this on a console or PC, but when we do it for real it is murder, whether targeted killing or not. It is warfare against most often a non-combatant. And when it is simple murder, we are outraged (or we should be) and if the rules of evidence are clear and fulfilled you go to prison, unless you are in the Netherlands and you kill a child and two grandparents whilst speeding, in that case you get 120 hours of community service (at https://www.youtube.com/watch?v=P-Q0Mg9tioM) . So, at times things are not equal, that has never been a surprise.

Yet, what happens when the lines are blurred? Let’s take a step back to 2014, after a year of delay Watchdogs was released. It was over hyped in many ways, yet it was not awful and it was as we needed to recognise an entirely new game, a new Intellectual Property in gaming. So like many, I thought it was a flawed game, but it had potential. So, I kept an open mind for the sequel that was released a week ago. Well, I have spent enough hours of game time to form an opinion. Graphically the game is passable (read: awesome in some ways) and as an open world it is pretty impressive. I think that San Francisco as a choice for several reasons was the deal breaker that took the game from failure to optional success. I reckon that in another major city this game would not have worked. Whether you visit Nudle (read: Google), whether you see Pier 39, the Rock or just Jack London Square. The game gave me the feeling that I was actually seeing San Francisco, and let’s not forget that big bridge!

As an open world it is one of the best released open world locations. I think Ubisoft did what I hoped it would and as such, the jump from Assassins Creed to Assassins Creed 2 has been equalled from the stern Altair we went to Ezio Auditore. In Watchdogs we went from the driven Aiden Pearce to the data tyranny opposing Marcus Holloway. This African American is more than just likeable, like Ezio Auditore he is the good hearted scoundrel we all wish we were. In a similar way to AC, this game is also a large leap forward. They are not there yet, because the game still has issues on several levels, but overall the game is more than just playable. In the first game, I quickly grew a dislike to driving, that feeling was not present in this game. Traffic was a lot better, less annoying (apart from some Taco truck, which might be an inside joke), the game has a much better setting towards stealth, it could improve in many ways, but it is a lot better than it was. Control of Marcus is still a question in some specific cases, yet we might digress too much towards Assassins Creed and this is no Assassins Creed game.

What is above all others is the story, this one is sublime in several ways. Those stinkers (read: level of envy) at Ubisoft Montreal did something brilliant. Even though the game comes with disclaimers of fiction and coincidence if too alike, but they did manage to pull a rabbit out of a bow tie. You see, the world we move towards as per 2017 is in the game. It will not be  like the game in reality, yet when we see the data gathering that is happening now and when we see the 5G world as it is to happen (at https://5g.co.uk/guides/what-is-5g/), parts that were described in my earlier blog ‘Non iudicium tuum‘ (at https://lawlordtobe.com/2016/10/18/non-iudicium-tuum). We need to get an eerie feeling, you see the accusations for 2 years on Facebook selling your data/information, and we see mentions of Google doing the same.

We see these accusations and the opposite defence by both that this is not happening. It is not what I believe, because I do not think that this is what is exactly happening. Yet, when Facebook offers the deepest and most granular population for your advertisement, it seems to me that it has access via portals to offer to advertisers a selection of people. Google does the same, it offers a portal for advertisers even though those advertisers will never know the identity of the individual; their advertisements go to the most likely interested people. So data is not sold, it is a semantic on how people are approached and by what means. This reality will grow over the next 5 years, especially through 5G and that is the group watchdogs 2 is now dealing with. You see, the reality of 5G is offering Smart mobility, domotics and Utility management. It also offers smart security and surveillance. Yet what Watch dogs 1 and now 2 in a larger extent addresses is that one man’s smart is another man’s stupidity. So is the world we move to as in the games or not? You see, the reality is catching up to the games and this game is showing the dangers of no privacy. The issue in reality is seen to some extent (at http://theconversation.com/there-really-is-a-link-between-your-facebook-posts-and-your-personality-68186), where we see “Privacy campaigners this week applauded Facebook’s decision to block big UK insurance firm Admiral from using young people’s social media data to help set their car insurance premiums. But this is just the start of a debate over the use of social media information for such purposes“, yet this the reality we faced for a while. The event seen in November this year happened in real life less than a month before Ubisoft voiced it in its game where people saw premiums rise because of life choices (like ordering pizza) and a mere 10 months after I mentioned it in ‘Double standards, no resolve (part 2)‘ (at https://lawlordtobe.com/2015/01/26/double-standards-no-resolve-part-2/), where I stated: “So if we do the following math 32% of 70 million (falsely assuming that they were all American gamers), then we now get the number of people confronted with a $144 a year additive. So in one swoop, this data set gives way to an additional $3.2 billion for insurance fees. Data is going to be that simply applied sooner than you think“, and guess what, UK insurance firm Admiral did try just that. Yet as we read: “Facebook’s decision to block” is just a shot across the bow, because when the genie is out of the bottle putting him/her back is much less of an option and data tends to get out into the open. If you doubt that, just ask the Mail server IT person of the Clinton family, he can assure you of that.

In this now, we get the point when gaming and reality get uncomfortably close. It is one thing when we play call of duty where it is just guns, guts and adrenaline. The reality of war tends to hold us back from doing stupid things, yet what happens when the reality is merely copying a file, how will we stop acting when we have misguided ourselves into believing that it is just a harmless file? When we see: “The Admiral case could well be remembered as just the beginning of a tortuous back and forth over using digital footprints in financial modelling“, yet the danger is seen in other ways too, yet it is not voiced. We pay a certain premium for a certain risk, yet it takes years to get a discount for loyal non claiming clients. It only takes one algorithm to raise it by 10% plus on collected data that is alleged of personality not a given and as such we get to pay for being social in many ways. This is a clear case of worry at the very end where we see “As long as companies use our data transparently and with our consent, why not allow both parties to an insurance transaction to rely on what appears to be very accurate data?“, because it might give a $10 relief for a healthy young person. It will cost anyone who had been in an accident an additional $200 a year and we have decades of data that these companies are run by greed driven people, board members who do want their 8 figure bonus and giving discounts is creating a gap of getting that bonus. Meaning that we sell our neighbours away for a few dollars whilst the neighbour is cut off from health insurance because he fell and hit his head, that is what the message on Facebook said and it did not come with an admittance or with evidence. That is the danger and Watch Dogs 2 shows that in clarity as you move from hacking router to hacking router.

The 5G guide gives us: “By 2020 it’s predicted that there will be 50-100 billion devices connected worldwide, many of which will need continuous data access“, which is a low estimate. Here at University I see people with a Laptop, a smart phone, some with additional Tablets and music stream devices. Now some of these elements overlap, some are used strictly separate, yet in all this the low estimate of 50 billion devices can easily be surpassed before 2020, and connection are growing in other ways too. Most TV’s are now Android enabled and connected to the home network, so are PC’s and consoles, so the average family will have 8-12 devices connected. That whilst the RFID world is only now starting up within the domestic household sphere, so this number will drastically change soon enough. This is what the Microsoft Enterprise Mobility team advertised today “At least 60% of security breaches start with employee credentials getting into the wrong hands. With modern mobility and bring-your-own-device solutions, protecting your data starts with protecting the identities of your organisation’s employees. That’s why we’ve made identity security central to Microsoft Enterprise Mobility + Security (EMS). Discover how focusing on identity can help make your organisation more secure“, I am not questioning on how needed this is, because mobile security needs to be on the top list of any person, whether as an employee or as a personal reason. You see a system that requires over a 100 patches on an annual basis has issues. Now, we need to accept that this was always the case and a system this big will always have flaws, yet when we see the level of issues in an age where non-repudiation is almost more important than digital evidence gives rise to the reality we face and the games we play.

Are we an algorithm?

Are we real is the question we should ask and whilst we play we are not the real us, we play to be Marcus Holloway in San Francisco, Ezio Auditore in Venice or Geralt of Rivia in some other place. We are seeing that Marcus Holloway is showing us a world that is the one we seem to live in and that should be a little more upsetting than it actually seems to be, because we remain in denial. Although, all things being equal, me working in a place like the Delaware data farm would be a dream come true. Who would not go weak at the knees seeing the tens of thousands of data servers all streaming data? The game story gives us several parts, many I will not speak here because I do not want to give away the game, it is so much better when you experience it for yourself, but the truth will hit you as it remains close to the reality we now see in newspapers, although without 5G none of it can come to pass to the degree we see. The question that we are faced in reality is that as we are valued and weighted by our social interactions, have we been minimalised to a mere algorithm, which then leads me to the question are Sociopaths soon the only people valued correctly? It certainly seems to be the case when we consider the elements of the Admiral insurance scenario. The SK Telecom white paper on 5G (at http://www.sktelecom.com/img/pds/press/SKT_5G%20White%20Paper_V1.0_Eng.pdf) goes as far on page 40 on combining Business Intelligence (BI), Network Intelligence (NI) to form within IoT (Internet of Things) to form Service Intelligence (SI), that whilst we now get one of the earliest official papers to set SI as a “It knows me better than I know Myself“, this will vamp soon enough as they state it themselves as ‘Telco Asset-based personalised service‘, which is pretty much the founding father of Mobile based Software as a Service, based on collected data. It is a stretch to call this a personal data based service level agreement, yet, I wonder how far off I am when I do that. In addition, at the IP conference last week, I predicted that by 2022, the total amount of Trade Marks will have grown by 300% on a global scale. 5G will be driving new versions and new iterations of corporations, many who missed the initial digital age boat, those will run like crazy to not miss a second of the next wave, because those who do will be corporations that become non-existent. If there is one part that Google AdWords and Facebook advertising are proving is that granularity will become the next key in those who advertise, although there is a case to be made that the current data at present is not voluminous enough to currently completely rely on this advertisement track, implying that this path seems to be less than 18 months away.

This is where we are going and Ubisoft was more than a little brilliant implying darker versions of reality in this game, especially in the San Francisco light of living, where freedom of identity is everyone’s Personal Jesus. So in light of that, the game does hold up, due to the improvements and in larger pat to the stories that connect to one another in the game, the fact that some elements are taken from life almost here is just the icing on the cake making for a sweet gaming treat.

So even as the corporate world at large has been ignoring non-repudiation as a bad taste, we see that 5G is no longer making that an affordable option as the collected data is  going to be key in the time of personal services. Don’t take my word for it, Edgar Allen Poe is stating the same thing on Facebook, as did Shakespeare who gave me his fax number (bonus points for those who know what film that was from). In an age of SaaS, SI and service personalisation’s, we will see a dependency on identity and more important the linking of certain elements, which also implies that messing with that part will be the prankster’s new ‘O’ (for Orgasm), giving non-repudiation a very new light in security requirement on a level we have not cared for before, although, the wrong people have not been not-caring on that requirement for a little too long. So as we realise that there is a reality to these things, as our reality caught up with the games we play, we might wonder where Marcus Holloway is. So Ruffin Prentiss (at @RPrentissIII), you need to get your ass in gear and save millions of potential victims from themselves soon enough!

smartfridgeNow, we know that an actor might not have the skills to do what is needed, yet in all fairness, some actors became president, so the call is not that far from centre, in addition, many require decent degrees to get a gig nowadays, not just in communication. The reality that Watchdogs uses is based on real issues, some providers offer ‘zero day exploit protection‘ at premium price, so when we saw “By 2020 it’s predicted that there will be 50-100 billion devices connected worldwide“, how many will have been engineered by the lowest bidder? How many zero day exploits will we be confronted with? Now, many of those devices will have no real information, but what about that ‘intelligent fridge’? Remember Admiral Insurance? What happens when he has that juicy list of your fridge? The fish fingers (optional with custard), the Pizza, all those sugary drinks. What happens when your parties become the health risk you advertised in your fridge, what happens when your health insurance premiums start going up? That reality is not that far-fetched, because Facebook isn’t giving that data at present, does not mean that Admiral Insurance et al cannot get their fingers on the data it wants and needs to spike premiums. That is the issue we all face. And the image of the ‘smart’ fridge is already 3 years old, implying we have come a lot further in less time. The reality of growth is here, but so is the realisation of personal secured privacy data and it did not require a game to give that reality to us, but Ubisoft is bringing this story in an excellent way, a way that should give cause to realise that our private needs of safety are not being met and we are giving away whatever privacy we had much easier and freely than we admit, because we do not realise what else can come of it.

Even as Google is calling this ‘the year of mobile’, there is every clear indication that 2017 needs to be ‘the year of personal data safety’. I wonder how many people realise how little they have done for themselves in that regard and if you have a PC or Console, Ubisoft has a game that can help you figure that part out, even though it is still a little futuristic for now.

Leave a comment

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

Batches of three days

After a Law conference of three days and a case of the flu, it is time to get back into the saddle. For the speculative people amongst you, I needed 8 boxes of tissues, so if you invested in Kleenex, their forecast is very expected to be up, so you are all good! There are a few things to deal with, but let’s get into the deep end, with ‘Trump cabinet appointments will ‘undo decades of progress’, rights activists say‘ (at https://www.theguardian.com/us-news/2016/nov/18/trump-cabinet-appointments-sessions-pompeo-flynn). Yes, from their point of view that might be, but you do not get to cry wolf over Syria, whilst leaving a pussy to deal with the situation. This is now a Republican administration and as such, there will be a change of hearts, minds and a few tactical directions. The first one to look at, director Pompeo is an interesting choice. He has earned his stripes in several events. A thorn in Clinton’s Benghazi disaster and a member of the Tea Party. However, this is not same Jasmine flavoured variety, this member from Kansas is more like gunpowder tea. An acquired taste that is likely to turn a few stomachs in Iran. As I see it, one of the most likely to receive a high Israeli award for keeping them safe from Iran’s bile as some would quote it. My issue has always been no matter how liberal this elected official is, we have seen that the next elections could bring another Ahmadinejad, not something anyone is waiting for.

But let’s get back to nominated director Mikey. The one part that was part of the Wichita Eagle (link lost) was that Mike Pompeo predicted a new energy bill would cost millions of jobs and make the United States a net food importer. There are two sides to all this, the first the energy part. There are too many question marks (apart of the change to make it realistic), the net food importer is another matter, and it also drives at the core of national security. You see, NAFTA, opened up a whole range of options in regards to the trade with Mexico and overall there is a benefit, yet when we realise that this opens up regional security options (as stated by s Col. Michael Dziedzic, USAF), we see that in light of multiple sources stating that the Mexican Cartels have been assisting ISIS members to get into the US to explore targets. The fact that ISIS sleeper cells are reported by a few sources to be close to the US border gives cause to consider certain new avenues for the CIA to consider. That is, if they aren’t already doing that, because we can all agree that yours truly isn’t being kept up to date by Langley for reasons that need no clarification.

The Wichita Eagle also gives us: “Pompeo ended up co-authoring a separate report from the main committee investigation, which accused former U.S. Secretary of State Hillary Clinton, the 2016 Democratic nominee for president, of downplaying the attack to boost President Obama’s re-election efforts” (at http://www.kansas.com/news/politics-government/article115756373.html), which is only half the truth I reckon. I mentioned earlier that the intensely wrong acts by people in the US Department of State in 2012 was centre in all this and the events since have only shown that they were utterly negligent in several ways (not only the office of State Secretary Clinton), the downplay has been beyond that office and as such left too many concerns, especially when you do not react strongly to such an event, should you be considered President of the United States?

I reckon that once confirmed, Mike Pompeo might be one of the strongest members of the Trump government and could possibly be one of the better CIA directors of these last three administrations, which is speculative, and time will tell. Jeff Sessions is another interesting pick, although the President elect could have taken several extreme options, which in light of following Eric Holder, the only cabinet member in history to be held in contempt of congress (there will always be a first one), the President Elect had a few options, yet those were basically taken off the table when Loretta Elizabeth Lynch, the 83rd United States Attorney General decided

On June 27, 2016, Lynch and former President Bill Clinton met privately aboard Lynch’s Justice Department jet which was parked on the tarmac in Phoenix. ABC15 Phoenix reporter Christopher Sign broke the story on June 29, citing unnamed sources. (at http://www.abc15.com/news/region-phoenix-metro/central-phoenix/loretta-lynch-bill-clinton-meet-privately-in-phoenix), in light of Benghazi, when we see the quote ““Our conversation was a great deal about grandchildren, it was primarily social about our travels and he mentioned golf he played in Phoenix,” said Lynch Tuesday afternoon while speaking at the Phoenix Police Department“, now we can agree that if you have 35 things to do before lunch, having a social meeting on the tarmac of an airport in a jet is rather odd, to say the least. It is true that it might not have been about Benghazi, it might have been about future careers, yet the event on the tarmac and not in some closed of 1st class business lounge implies that this was about deniability, not something that is required when Golf is on the menu of conversation. The image of Benghazi remains, whether just of unjust, when you decide to do a Deep Throat (read: Woodward, Bernstein & Washington Post), you set yourself up for all kinds of gossip.

So when we see Jefferson Beauregard Sessions III, a former senator of Alabama, we have to wonder what America will get this time. The media is already all over it. The Guardian stated: “The hawkish trio have made inflammatory statements about race relations, immigration, Islam and the use of torture, and signal a provocative shift of the national security apparatus to the right“, the subsequent quote is “For liberals they appeared to confirm some of their darkest fears about the incoming Trump administration“. To them I have this message. ‘Over a period of 8 years, this administration has done absolutely nothing to reign in corporate accountability, the financial sector can go its own sweet way and this American administration turned 180 degrees around on corporate taxation. Their acts, together with the IMF is why Brexit is now a fact and is also still the driving force for Frexit. Those who are now fear mongering in the direction of France better realise that a second bad estimate (like Brexit) will be regarded as clear evidence to dismiss their services’. Columbia Threadneedle was quoted in Reuters on what a catastrophe it will be. Yet, who would it be disastrous for? The quote “Mark Burgess, chief investment officer for the firm in EMEA, said that unlike the positive or even ambiguous market reaction to the British vote on an EU exit or Donald Trump’s win last week, a win for avowedly anti-euro, anti-EU party in one of the many euro zone elections next year could spell disaster for the still-undercapitalized European banks“, the banks have had more than enough time to get their affairs in order. We have seen bail-out after bail-out and we have been all subject to a large loss of quality of life, whilst the financial sector played and gambled living on incomes that most people have never seen, not even before the financial crash. This has driven anti-European Union sentiments. The sentiment of all talk and no achievements, no forward momentum for anyone but the large corporations. This is what the Democratic Party left America with, no real future and a 20 trillion dollar debt. It is now up to the Republican Party whether they can return the USA towards a status of less debt and a healthy economy. This will take a years to achieve, but no matter how far it is taken, America seems to realise that the party is over, they only have themselves to blame on how they got to this point.

So how did I get from these three to Frexit and Greed? Let’s face it, the President-elect is part of a system of greed and Frexit is pretty much next on the agenda. All those ignorant economists and media that have been ignoring these events for over two years, all with comments on how this was never a reality now have faced Brexit and after that, they played anti-republican for 8 years, they now see their options cancelled and they are left in the dark regarding events in the White House. How many wrong predictions does it take for the media to realise that reporting is not the same as speculative empowering?

As the world is now setting the stage of how the first three picks of the President-elect is to be regarded. We need to realise that the world is a lot larger than America and our choices are indeed diminishing when we side with only one group of governing people. For those who seem to be focused on how bad this upcoming president will be, perhaps we need to take a look at a little place like Syria and how this current administration has not achieved anything at all. With bombings increasing and the Non-Assad supporting Syrian population getting closer to zero, we need to ask questions that no one is asking and even less are willing to answer.

The last part in all this is the IMF, as mentioned before. When we see the Australian, we get: “The IMF has given powerful backing to Labor’s call for a crackdown on negative gearing saying Australia’s tax rules are encouraging people to take on too much debt to invest in the housing market, pushing prices higher. The IMF’s annual mission to Australia has also criticised the Turnbull government’s May budget, saying it is trying to narrow the budget deficit too rapidly and risks hurting the economy.” Can anyone please explain what the fuck (pardon my French), the IMF is doing telling a sovereign nation on how we prefer not to be in deep debt and that is not OK with them? Consider in what state the debt driven economies are when it can be endangered by one economy removing its deficit. Consider on how many papers have given proper attention to debt driven economy (read: meaning almost none have done so, apart from those ridiculing the issue), this in light of the IMF quote in the Australian “The IMF says the government has been right to allow deficits to blow out over the past few years, saying the shortfalls have been mainly due to weak revenue, not excessive spending. The fund suggests that if the government spend more on infrastructure, it would generate enough economic growth that there should be little impact on the ratio of debt to GDP“, we need to wonder on how we were all kept in the dark when the media at large ignored calls for clarity, when we were (as I see it) intentionally misinformed, now we see that ‘right to allow deficits to blow out‘, which was never OK, even as Australia is getting out of that dark valley, other nations are still fighting their own battles. This is one of the driving sides to France, who have been pushed into a $2.4 trillion dollar debt. Perhaps President Hollande will have the same excuse that it was ‘mainly due to weak revenue‘, so the French people get to live with consequence of the IMF driven ‘equalising’ of debt. Now this last part is purely speculative from my side, yet how wrong is my train of thought? And as other nations realise that these debts are orchestration and the governments refused to tighten belts, spend irresponsibly regarding the need of other nations, keeping debt at a maximum. How do you think people will react when they realise that irresponsible behaviour will keep their quality of life down, perhaps for more than one lifetime? Are you still wondering whether Frexit will happen, or are you realising that Frexit not happening is no longer being considered?

Now, events differ from nation per nation, yet there is clear evidence that nations have been overspending for well over a decade and none had the idea to tighten the belt (except Germany in 2009). This is how Europeans feel and all this to enable big business, whilst they get more and more deals offered. This is the setting in which President elect Trump finds himself. The three nominations are not part of any of it, but they give rise to the question, who will be the elected officials in the departments, of State, Interior and Commerce, these three subsequent nominations will be at the core of what will happen next. No matter what the pressures are for the upcoming American Administration, they will be at the core of events that will take centre stage in 2017 and 2018. So many eyes, not just in America will be on those nominated for these three fields. We will have more and more questions, we only need to await the first results.

In that light we get to look at some of the issues I predicted two years ago. Last Saturday I got the Quote “European leaders have come to a 27-nation consensus that a “hard Brexit” is likely to be the only way to see off future populist insurgencies, which could lead to the break-up of the European Union” (at https://www.theguardian.com/politics/2016/nov/19/europes-leaders-force-uk-hard-brexit-farage-le-pen). The subtitle gives us even more ‘Fears grow about impact of populist surge as Nigel Farage predicts Marine Le Pen could win French presidential election’. I got there a year earlier, even now there is still some doubt as Sarkozy is making an about turn move on French National issues, yet Marine Le Pen remains a contender. Slightly stronger than before Trump got elected and there is where the issue for Europe now resides. Their indecisiveness in certain matters is driving people towards nationalism, with President elect Trump now approaching office, those issues will polarise and the shift will move stronger towards the right. The additional quote: “The latest intervention by Farage will only serve to fuel fears in Europe that anti-EU movements have acquired a dangerous momentum in countries such as France and the Netherlands, following the precedent set by the Brexit vote”, is one that is not correct as I see it. You see, Brexit was always a risk, yet those working behind the screens were so intent on the Status Quo that they forgot sight of the effects of the actions that they caused, Greece being the first and strongest elements. By trying to hang onto a non-realistic 300 billion, they now stand to lose 14.5 trillion, you tell me how stupid this was. The Netherlands is not the strongest influencer and at present, the Dutch PVV might be strong, twice as many seats as the number three (CDA) and leading by merely 4 seats on number 2, the reality is that this party became the largest fast and as they were only regarded as something not to be taken serious, the size they are now does not warrant such consideration, they are the largest player. Yet in all this, the issue is that 150 seats are there and a majority requires 76 seats, which cannot be done without some coalition that will require the PVV. In this the PVV is the only clear anti-EU party. The example as given by me in ‘A noun of non-profit’ (at https://lawlordtobe.com/2013/05/15/a-noun-of-non-profit/), where I state: “Consider a large (really large) barge, that barge was kept in place by 4 strong anchors. UK, France, Germany and Italy. Yes, we to do know that most are in shabby state, yet, overall these nations are large, stable and democratic (that matters). They keep the Barge EU afloat in a stable place on the whimsy stormy sea called economy. If the UK walks away, then we have a new situation. None of the other nations have the size and strength of the anchor required and the EU now becomes a less stable place where the barge shifts. This will have consequences, but at present, the actual damage cannot be easily foreseen”, What I predicted on May 15th 2013 is not just coming to pass, finally others are admitting that this is the future, a future they kept you in the dark about, consider that when you realise that this had been known for some time. They played their ignorance and fear mongering game and those who have done so are now considering what one more bad prediction will bring them. I still believe that it required the second of four to truly collapse the EU barge, but that reality is now getting closer, with the Republican push we see, the chances for Marine Le Pen getting elected as President is now an actual reality. I knew that there was a chance just within France and as President Hollande failed again and again her chances increased, now with the Republican view of nationalism, the French view only enhances that view for themselves, enabling Marine Le Pen as a possible President of France. This links to Jefferson Beauregard Sessions III and his conservative views. He plucks the same chords on the musical loom of government as Marine Le Pen will when it comes to immigration. In that regard, the choices that still have to come will make even stronger impressions for European nations as they unite or dissent from that view. You see, we still need to realise that America is 20 trillion down, which implies that if Europe decides to exit hard for the second European nation (France most likely), the economic view for America changes, especially as it has been a net importer of food and a few other materials. It would need to strengthen ties with Canada and Mexico by a lot, allowing those two to get a better overall deal, increasing the cost of living for Americans. At this point, we see that Wilbur Ross is now the strong favourite for the Commerce position. It is CNN that gives us a quote, which seen in a different light implies the issue I had for a long time. The quotes “Pritzker strongly supported free trade, traveling to 38 countries over her tenure. She advocated clean energy partnerships and the Trans Pacific Partnership deal” as well as ““Free trade is like free lunch: There is no free lunch,” Ross told Lou Dobbs of Fox Business in August. “Somebody wins and somebody loses. And unfortunately, we’ve been losing with these stupid agreements that we’ve made””, Here we see that someone visited 38 countries, which sounds like an office paid world tour and we know that is NOT the case, but all that travelling must be nice. Following that, we see Wilbur Ross stating that there is no such thing as a free lunch. That we have all learned, many of us learned it the hard way and the TPP was a bad deal from the get go for several nations. These quoted came from CNN (at http://money.cnn.com/2016/11/20/investing/wilbur-ross-donald-trump/index.html) and are at the core of changes for commerce, which will reverberate in both the English and French minds as well. So 4 of the 6 main nominees are also powering the European Exit. I believe that one of them is in for quite the challenge. Michael Flynn is a veteran on several levels, as a retired General he knows the military and as former director of the DIA he knows the intelligence whip. Yet, the premise he faced will start to change dramatically in 2019, as such the America he will be the National Security Advisor for will have new challenges, some none have seen before. Time will tell how realistic those challenges are, yet we are already faced with the limitations of dealing with 4G and the next wave is now less than 365 days away. The funds needed for cyber security and cyber development were never forthcoming, giving nations at large new challenges and totally new issues in Criminal law. All fields untouched to the degree they needed to be. Another reason why W. Ross and J.B. Sessions need to sit down sooner rather than later. In that regard, the UK needs to clearly revisit some of the protocols that never worked in the first place.

There are many changes coming towards us, some will drive others, some will just be met with complaints, and others will just drive the Democratic Party insane, which will be used to the entertainment of the media at large.

Leave a comment

Filed under Finance, Law, Media, Politics

Matt Damon’s Quote

You could wonder what Matt Damon has been up to, there will always be reason to do this, not because he is an exceptional actor, even a celebrity on Mars. No, the reason here is his connection to documentaries. He was the narrator on ‘Inside Job‘, which got a well-deserved Oscar in 2011. I personally feel that this is the best documentary on the financial crises ever created. So let’s get started. Today, we see a number of news items reach the twilight of dawn.

The first one (at https://www.theguardian.com/world/2016/nov/08/panama-papers-22-people-face-tax-evasion-investigations-in-uk), gives us ‘Panama Papers: 22 people face tax evasion investigations in UK‘, with the added text “Philip Hammond also said a further 43 wealthy individuals were under review while their links to the offshore files were investigated further. He made the comments in a written answer to the House of Commons explaining what had happened since the offshore tax files emerged“. Now we might go all huffy and puffy on these tax evaders, yet when you consider the news from August (at http://www.bloomberg.com/news/articles/2016-08-31/ex-tesco-finance-chief-mcilwee-probe-closed-by-u-k-regulator), where we see “The U.K. accounting regulator closed an investigation into Tesco Plc’s former Chief Financial Officer, Laurie McIlwee, saying there wasn’t a “realistic prospect” that misconduct would be found in the case“, with the added “The Financial Reporting Council closed its case into McIlwee Wednesday, according to a statement from the regulator. It is still investigating the grocer’s auditor, PricewaterhouseCoopers LLP, and other individuals involved in Tesco’s accounts“.

This has been going on since 2014, they have not been able to find anything after two years and now you are going after ‘simple’ tax evaders?

My initial message (with all due respect) to the Chancellor of the Exchequer is “Mr Philip Hammond, are you out of your bloody mind?” You are still trying to get anything real on PwC, or were you ordered to let it die down?

When a company suddenly loses billions in value (also due to their own stupidity) and you cannot find anyone to prosecute and go to jail for overstating profits by £263 million ($345 million), whilst we also know that for that year PwC gave Tesco a 10 million pound invoice for auditing (annual) with an additional 3 million pounds for consultancy that year (Source: the Guardian). You cannot find anything and now you are going after people, where you cannot state whether they broke the law and you will rely on illegally obtained papers. How stupid is this?

How about you making the following change as per immediate!

a. Until the Tesco case has been satisfied, PwC and its senior employees cannot undersign any accountancy venue, or corporate balance for any UK corporation for 2016, 2017 and 2018 until the matter is solved.
b. In case wrongdoing by PwC employees is proven beyond reasonable doubt, PwC will not be allowed to operate within the UK.

How about them apples?

So far we have seen massive leeway by the press and the SFO has not achieved anything at all regarding Tesco. So it is time to adjust regulations and legal premises, until that point comes PwC will have to operate on non-British companies. Now, we can all understand that when we see the quote “McIlwee resigned as Tesco’s CFO in April 2014, prior to the discovery of the accounting errors, amid reports of disagreements with then-Chief Executive Officer Philip Clarke” seems to imply that McIlwee was not privy to, and not guilty of any wrongdoings, yet the fact that the SFO got nowhere in two years means that there is something massively wrong. When we know that so many millions were overstated, we seem to have a decently clear case of fraud, yet no one goes to jail. In addition, we also know that PwC was in on it (at least to some degree) and in addition, the subsequent Deloitte investigation showed more than initially was found means that there is no scenario where PwC can be absent from guilt in the first or second degree.

The SFO gave that Carl Rogberg, Christopher Bush and John Scouler were charged (source: BBC), they pleaded not guilty and at present the court dates are set for September 2017. It is my opinion that until all that is settled, the Chancellor of the Exchequer has no business whatsoever to dig into cases based on illegally obtained papers, whilst his branch as well as the SFO has no flipping ability at present to close a 2 year old case for at least another year (if ever). And as reported by the Times in September (at http://www.thetimes.co.uk/article/tesco-auditor-slips-back-into-retailers-aisles-0gm9xt8md) that “Tesco has appointed PwC as an independent adviser, despite replacing it as auditor with Deloitte“, which gives my emotional and slightly inappropriate response “Are you fucking kidding me?

So, whilst the PwC issues were kept very low key by nearly all the press, whilst there is no condemnation on a daily basis by the press and even less success by the SFO, we should agree that PwC has no business being in the UK to begin with, especially as “Last week the FRC cleared Laurie McIlwee, Tesco’s former chief financial officer, of wrongdoing over the scandal, but added that its investigation into PwC and other unnamed individuals continued“, we could go by once bitten twice shy, or we could go by the fact that as the SFO is either unable or unwilling to prosecute PwC, why would we even consider their presence? In case some are considering a specific rebuttal, to them I would respond with the April article (at https://www.theguardian.com/business/2016/apr/14/brexit-could-lead-to-loss-of-100000-financial-services-jobs-report-warns), where they stated ‘PwC report estimates 70,000-100,000 fewer jobs in 2020 compared with estimated number if Britain stays in EU‘, so let’s start with theirs and let smaller accountancy firms continue and allow for growth. In addition, when we accept the news by the BBC in Feb 2015 (at http://www.bbc.com/news/business-31147276), where we see “We believe that PricewaterhouseCoopers’s activities represent nothing short of the promotion of tax avoidance on an industrial scale,” said Margaret Hodge, chairwoman of the Public Accounts Committee (PAC)“, so in that light, we could just send PricewaterhouseCoopers (PwC) packing, giving light that the facilitator of tax evasion have been dismissed from the country and as such the UK will see a decline in Tax evasion, no need for illegally held papers, no long and expensive investigation and the thorn in the UK economies side is equally removed. It will not mean that tax evasion is a thing of the past, but if PwC is send packing now, the other three might do a 180 degree on that clientele, which would at that point make the tax evasion issue moot, or at least deprive it from many options, which would amount to the same in the end.

So, you like apples?

If I am accused from persecuting PwC, then I would plead that I am not entirely innocent in that regard. I would bring the defence that the SFO has not gotten anywhere in 2 years and they are supposed to have the ability to find those culprits. Yet, as John Crace pointed out in the Guardian on April 5th that “Only last year, the public accounts committee reported that the accountancy firm PricewaterhouseCoopers (PwC) was promoting tax avoidance on an industrial scale. To make things worse, it was first in the frame to benefit from administering the windup of Tata’s steel operations in the UK. So where was David Cameron? At PwC’s offices in Birmingham. Some might call it a brave choice“, in that light, there is an additional reason to give PwC their walking papers.

In all this the exchequer has one final issue to deal with, you see, accountant at large, including (read: especially) those at PwC are really clever with what they do, meaning that there could be no broken laws to begin with, making the actions from certain parties from 2014 until 2018 even more questionable, with a strong need to truly scrutinise the rules that accountancy firms applied and how they were applied. As I see it, there is nothing worse than to paint a lovely target on a person only to learn that the laws fell short and none were ever broken. If you question that, then consider the following two options.

  1. The SFO has, as it embraced corruption onto a new level decided not to dig into PwC on the levels needed to secure evidence for the prosecution regarding Tesco.
  2. The SFO has found that even as it is clear that PwC assisted in these levels of Fraud and Misreporting, yet when the books and memos were investigated for these transgressions, there was more than a reasonable doubt that PwC was not fully aware, in addition, there are no papers filed by PwC to implicate them in any way in fraud or misrepresentation. As well as the established fact that no laws were broken at present.

When you look at the two options, which one is more likely than not the situation regarding PwC?

In my book, the fact that a person is not guilty, does not mean that they are innocent. I remain of mind that shutting PwC down in the UK is not the worst idea at present, yet is that point of view valid when we consider premise 2, which is actually the most likely scenario? When we consider that the spirit of the law has been violated by PricewaterhouseCoopers, at that point we still have the issue that no literal laws were broken. Here we could set forth that the government (read: parliament) created the foundations and the setting where industrialised tax evasion and fraud became legalised options. Even as we saw that there was a clear case for fraud, the law has been altered to the degree that the facilitators cannot be held accountable, as such, an issue was created and until that is resolved, and PwC cannot be prosecuted (which is wrong in many ways from the point of a simple taxpaying labourer).

So, we now have the issue of the letter of the law versus the spirit of the law, which should be seen as grammatical opposites, not just in grammar, it is that they are also opposites of the soul (read: soul of the law). When one obeys the letter of the law but not the spirit, one is obeying the literal interpretation of the words (the “letter”) of the law, but not necessarily the intent of those who wrote the law. Which is what black letter lawyers (and accountants) tend to do, because a nation of laws is about a nation with rules of playing the game. In our case, in Common Law, until a case is set as a precedent in law, there will be no adjustment and this can go on ‘ad infinitum’ and Intentionally following the letter of the law but not the spirit may be accomplished through exploiting technicalities, loopholes, and ambiguous language (at times a mere comma does the trick too).

Yet, when one obeys the spirit of the law but not the letter, one is doing what the authors of the law intended, though not necessarily adhering to the literal wording, which could get them automatically prosecuted if the District Attorney woke up on a Monday morning with a really foul mood.

So, whilst we might agree with Margaret Hodge, stating “We believe that PricewaterhouseCoopers’s activities represent nothing short of the promotion of tax avoidance on an industrial scale“, the fact that they are not breaking the law, implies that no corrections to the law have been made to correct for this. As such, you only have yourself to blame and admittance of this failure to the public at large is an essential second step. As I see it, making a lot of noise going after people who might have done something like this, whilst papers are absent and whilst all parties know that this is because of illegally obtained papers from the law firm Mossack Fonseca is even less intelligent, as the people behind this have leaked these papers for their own personal interest and ‘late taxation’ was not their goal, so to adhere to the promotion of such crimes is not the best way to get results.

Now that we see claims rising towards Tesco for misrepresentation from their investors for the amount of £100 million, which comes on top of the diminished value, so I feel that no matter what, there should be a negative impact on PwC one way or another, yet within the confines of the law of course. This takes us to ‘The letter versus the spirit of the law: A lay perspective on culpability‘ by Stephen M. Garcia, Patricia Chen and Matthew T. Gordon (paper here). The part that gives us the cakes are found in study 5 on page 486. “Study 5 sought to examine another instance in which the letter of the law is not broken but the spirit of the law may have been violated“, which is where I for the most stand with PwC in the Tesco matter as stated “We also wanted to control for various counter-explanations that underlie culpability such as violations of social and moral norms“, with references to Bicchieri & Chavez, 2010 as well as Mazar, Amir, & Ariely, 2008. Yet in the first there is Tonry, 2010, where he argues that “the foundations for disparity causing policy choices lie in the cultural and social forces that combined historically to shape U.S. society“, which is interesting as this implies that the policymaker and not PwC is the actual culprit and my rage was misguided. Yet, is that actually true? The spirit of the law is not equipped, or better stated should not be equipped to manage the input of self-interest, because the spirit of the will assume the setting for all people and as such will force the text and derail the letter of the law (as I see it). Tonry goes on into the racial destabilising side, yet in my view the racial part is not the real instance, I believe that the division is that we see two groups One is the (white) social enabled group who is set to the game with preparation (read: legal advice) to break the spirit of the law and not the letter of the law as long as self-interests are served. This setting will at that same time destabilise the (black) group, a group that is suffocating on the lack and lapse of social options and opportunities, where without proper and affordable advice the letter and the spirit of the law will be adhered to, yet at a massive cost through loss of opportunity. This now makes PwC a facilitator for the wealthy to avoid breaking the letter of the law and to optionally, when unavoidable adhere to the spirit of the law. From one point, can the facilitator be held to account? I believe so, yet the area is slightly too grey for my comfort. It is the policymaker that requires to shift the grey area, so that breaking the law is a more clear setting and as such the SFO could actually create a situation where conviction (let alone prosecution) becomes a reality.

I still believe that PwC has done great wrongs, yet as far as we can establish, not in the letter of the law. I find them guilty of knowingly set the stage for managed ‘breaking’ of the law. The spirit is as much a factor as the letter, either should be seen as breaking the law. Yet there is diminishment as the policymaker is seemingly also guilty, yet the reasoning for that flaw can never be easily determined, so we can tell it was wrong, yet to what degree is not a given, but an essential issue to address. When we look at the policymakers, we need to ascertain the application that the paper discusses. “This framework broaches a new language to understand complex situations such as those that are not technically illegal but seem wrong“, we can see that this applies to multiple incidents. In those cases it needs to be clear that these levels of protection do not make the cake edible. It makes for a sour venue where those with legal advice can abort too many payments whilst the underprivileged groups end up without support, protection and options. I am speculating here that this is the (read: speculated intentional) creation of the haves and have not, which is a policy drip down effect when you implement a prismatic system, which policymakers from business and sociological fields seemed to have resorted to as they (tried to) implement laws, on the premise of a non-legal mind. Which is what is pushing the issues. The political field needed the business view of opportunity and the resulting laws are toothless against larger corporations who end up getting a free pass here with PwC as the facilitating office.

In the end I am more correct than even I thought I was, yet this should not digress from handing out the penalties that are needed to give a clear signal that the party is over. We have learned the hard way from 2004 onwards that unless we make a massive shift, this will continue a few more decades, as such stronger language and harsher penalties are required, because continuing on this path is far too rewarding for all the players that can afford to play this game, which gave me the idea to give PwC their marching orders out of the UK. I don’t believe it is too harsh, especially as they made 35 billion last year alone. So the question to you becomes, do you have any idea how much taxation they paid? I have no idea how much exactly, but we do know that PwC was elemental in avoiding Lehman Brothers to pay an addition £1.2 billion in taxation, due to inconsistencies, we see the quote by Mr Justice Hildyard: “It is of real importance, both in terms of good governance and a fair market, that HMRC should make every effort to ensure that this sort of thing does not happen again“, (at http://www.theweek.co.uk/lehman-brothers/77510/lehman-brothers-creditors-to-avoid-12bn-tax-bill) giving rise that larger changes are needed to bring back fairness to all tax paying people, who have not seen a whole lot of fairness in that regard these last 12 years.

Judges will soon have to science the shit out of these tax laws, making them actually fair to all, not just large corporations, who seem to be judged on ‘the Principle of least accountability’.

 

Leave a comment

Filed under Finance, Law, Media, Politics