Category Archives: Law

December 1, 2014 · 22:12

Show me the money!

That is what I wanted to shout out loud today, not because of a scene between Tom Cruise and Cuba Gooding Jr, but because of the story written by Larry Elliot (the Guardian economics editor). He is not wrong, probably with his insights and degrees he is more right than anyone else so why am I all up in arms about it? You see, if he is right then there is something extremely wrong with this world. Here is the crux, either he is wrong, or the bulk of the planet has become demented. What will it be?

Why do I consider this to be my view?

The view evolves when we consider the following aspects of the British economy. First there is “The budget deficit will be almost £100bn this year and is rising. It was supposed to be below £40bn. If the current Treasury chief secretary, Danny Alexander, is foolish enough to leave a little note for his successor, he will only need to insert one word into the one penned by Byrne: still” and “Britain currently enjoys the sort of growth rate that Germany, France and Italy can only dream about. The economy should expand by 3% this year, making the UK the fastest growing G7 nation. Jobs are being created at a record rate, a development that explains why Britain is proving a magnet for migrants from the rest of the EU“, we have seen this. Yet, as immigration is not capped to the extent it should be, jobs go to the cheap Polish workers, whilst we see a massive +50 workforce unable to get jobs, which we get from the Guardian (at http://www.theguardian.com/society/2013/nov/13/unemployment-fall-masks-jobless-over-50s). “Bennett is one of more than 400,000 people over 50 in the UK who is registered as unemployed, according to the latest official jobs data released yesterday“, you see, the mature experienced workforce is deemed useless in many areas and as such, the economy will take two hits. The first one is that these people in the end still cost money, in the second that as companies rely on cheap labour; we see that they go three steps forward, two steps back; it is getting them nowhere fast and at great expense too. So as those people have an income, the companies are just scraping by, having therefor the dubious benefit of living at tax level zero. That keeps the Osborne coffers (also known as the UK treasury) pretty empty.

Let’s take a look at some events linked here “Former BBC director general Mark Thompson has said sorry for the £100m failure of the BBC’s Digital Media Initiative (DMI)“, “Siren police IT project’s £15m failure a ‘debacle’” and not to forget “Abandoned NHS IT system has cost £10bn so far“. There is a level of sheer incompetence that is beyond measure. Yet, I think it goes further than that, I think that as areas have cut back and scrapped from the bottom of the barrel, we see cogs of non-comprehension that just twirl having no connection to any other cogs. Companies, which are no longer structured in the old ways, but still presented as such, they are niches into rooms, where only the manager has access. Like the American cubicles, that only one person oversees, absent of checks and balances, whilst the people no longer talk to each other, no clear communication. That represents the new era of work. The 50+ population have seen why there are issues with the cubicle approach and the manager who needs to get the task short-sightedly done is barring 50+ from being hired, this results in a sliding slope of minimised success.

What do they have to do with one another?

Let’s get back to the writing of Larry Elliot at this point “It took until 2013, however, for the level of output to get back to its pre-recession level, the slowest recovery of the post-second world war era. Osborne thought the economy would cope with austerity better than it did. He underestimated the impact of higher VAT and cuts in spending on growth. The chancellor thought his tough deficit reduction plan would boost growth by generating more confidence in the private sector that the books were being balanced. He was wrong. The upshot was weaker growth, lower than expected tax revenues and higher than expected borrowing. Half way through the coalition’s term in office, Osborne abandoned the idea of sorting the deficit in one parliament, and reverted to a more modest plan akin to that drawn up by his predecessor, Alistair Darling”

The crux is “The upshot was weaker growth, lower than expected tax revenues and higher than expected borrowing“. I think that it is not entirely correct! Yes, Elliot writes the truth, but behind the curtains we see projects failing due to bad decision making (like the headlines mentioned earlier), in addition we see mergers of an unparalleled size “The chemist chain Boots is being sold to the American retail company Walgreens in a £10bn deal that is delivering a huge pay-day for its private equity owners“, which sounds nice, but how does that fill taxation coffers? It does not!

Corporate choices are made to avoid taxation like “U.S. Treasury Seen Loser in Tax-Avoiding Pfizer Move to U.K.” is at the heart of the second tier of failures. Not a failure by George Osborne, but a failure by their corporations that bleed nations dry, whilst not being held accountable, there the nations have failed themselves by not alter the proper legislations to avoid these acts of non-taxability. Whatever happens next will happen too late, the coffers are empty and those who walked away will do so in non-taxable luxury for the rest of their lives and the lives of the next 3 generations of their family to come.

The next part has a few issues (none of them are Larry Elliot) “The foundation notes that two-thirds of people who have moved from unemployment into work in the last year are paid below the living wage, the average self-employed person earns 13% less than they did five years ago and there are around 1.4m contracts not guaranteeing a minimum hours. Over half of them are in the lower-paying food, accommodation, retail and administrative sectors” Many of these lower paid jobs are all about areas where we see high rent, a massive drive to turn around orders and well above counted hours are needed. Life in London (as well as in Sydney) has become a life not unlike hyenas. These bosses are trying to stay afloat, which they do by hiring the weak, the cheap and the manipulative. One waitress mentioned this in a forum “Now I understand I am competing with people on the dole who can be near enough forced to work for free but it still sounds a bit shady“, the mention has bearing, as people are pushed more into unpaid extra hours, less rights, less options and less energy, we see a community that has devolved from symbiotic into parasitic, with only one winner in the end, the landlord!

Both the UK and Australia have been unwilling to deal with this entity, leaving the people at large to fend for themselves without any support.

The next part is a statement of fact, there is nothing against it in any way “If it is taking longer than expected to knock the budget deficit back into shape, the same can be said of Osborne’s other objective – to boost exports from a re-invigorated manufacturing sector so that Britain once again pays its way in the world”

How to go about it is at the heart of it and several options are open as they always are, but consider that out of a dozen avenues, one is a solution, three are deadly and the rest tend to have a costly non solving effect. Several parties in play, not Just George Osborne, but in that same view, Alistair Darling and Gordon Brown all had the same flaw (as I personally see it). Instead of finding a solution that is a mere band aid, they all failed to seek the solution which had the visionary idea to include the next generation. I had that idea on two instances; the one that matters here is the article ‘What’s in a health system?‘ on June 29^th 2014, where I state “When people ask which company will do this, the answer should be ‘None!’. The UK is filled with universities, some of them regarded as the most prestigious and brightest on the planet. Consider that most IT people, might claim experience, yet their drama skills are the only ones that improved for the most, is it not up to the Universities, those who are introduced to the newest ideas, design a solution that would make the work of the doctors and nurses at the NHS better, slightly more efficient and a truckload of less hassle! Is that such a tall order?”

Like a regional solution for a independent Scottish IT environment, the visionary approach is to bring this to the universities, to develop a new system, not just a mere frame that goes on top of something else, but an actual new system, LINUX based option, a security enhanced LINUX for healthcare, one that is designed, not for 2016, or 2017, but for the next generation. Why not give the universities access to design their new future, not leave it to these current so called executives that waste up to 20 billion not delivering anything. That visionary approach is missing and it could be the death of us all (UK and Australia alike), we have so many similar issues, why not tackle them together, open up avenues that have never been considered. If you want visionary, then look at the Netherlands, they decided to change the bicycle lanes into solar panels, do you have ANY idea how many bicycle lanes the Netherlands has? It is actually a visible percentage of that nation’s surface. Now, they decided to give it a second function, which means generating electricity, without needing any space at all, illuminating the bicycle road through fluoresces, making it safer at night. They decided to attack road safety and energy issues all at the same time. That is the level of innovation we need to see, preferably without spending another 20 billion pounds. So how about changing, or better stated evolving universities and giving them a real hand in innovation and solving future problems we have ignored and left dead for granted (like the NHS).

The last part is seen here “Ed Balls, the shadow chancellor, said: “I am not that bothered about being behind on economic competence. In opposition, we are always behind on economic competence. Brown and Blair were at this point before the 1997 election. “I would rather we were further ahead in the polls but the Tories are leaving it a bit late for a feel-good surge. That’s why Cameron is talking about red lights flashing on the dashboard. Maybe he thinks he can scare people into voting Tory.””

I disagree, Ed Balls needs to get scared shitless real fast! George Osborne needs to do something similar! Economic competence is not something that is behind, the indicators are that they are close to non-existent. As numbers are hidden behind the statistics of ‘% of GDP‘ we are diluting ourselves that we have a handle on things, once the message is that the total debt has decreased below 750 billion, we have an actual message, but for now, that 25% decrease is nowhere in sight. Life in the UK is all about meeting the payment of the interest debt, whilst none are tackling any solution regarding the total debt for the future. That danger has been voiced by several players all over the field. The message now is that ‘Investors Underpricing Risk May Threaten Growth, IMF Says‘ (at http://www.bloomberg.com/news/2014-09-17/investors-underpricing-risk-may-threaten-growth-imf-says.html) as well as ‘Flug Flags Underpriced Risk as Investors Drop Corporates‘ (at http://www.bloomberg.com/news/2014-09-30/flug-flags-underpriced-risk-as-investors-drop-corporates.html), which gets a punch from today’s news ‘New York Hops on $15 Billion Israeli Corporate Bond Boom‘ (at http://www.bloomberg.com/news/2014-11-30/new-york-hops-on-15-billion-israeli-corporate-bond-boom.html). Like the housing in Hackney through Westbrook Partners and Round Hill Capital in the Netherlands, we see again a change in markets (like they always will), but this is different. Like Greece (again) last week with “A Greek official says the country is under pressure from rescue creditors to impose new austerity measures to resolve an ongoing budget disagreement worth a reported 2 billion euros ($2.5 billion)” (at http://www.cnbc.com/id/102222375), we see a market that keeps on getting pushed whilst there is no money left. By the way, those two players (Westbrook Partners and Round Hill Capital), did you consider combining these facts?

Have you considered when Westbrook goes market value and they merge with 2-3 other players (perhaps Round Hill Capital as one of them), when they merge, how much taxation will be missed out then, also, what danger will these tenants be placed in at that point?

So back to Greece and their dwellings, Greece should both be dissolved and offered to Turkey (just to make it sting a little more) or they need to clean up their act, including dealing with these massive strikes. Let’s not forget that Greeks themselves did this to Greece (partially through Goldman Sachs). We see cogs of greed interacting, finding new connections not to be held accountable, whilst its population gets the bill, blaming Germany for all of this. In that same light we see how we are now confronted with underpriced risks. So, not unlike the 2008 crash with all these “sub-prime” borrowers and bailing on 8 trillion, we now see governments trying to intervene by ‘forcing’ banks to make low cost loans to the underprivileged “sub-prime” borrowers, trying to create a fake boom, whilst at the same time, they have created a more likely than not risk that it will only explode in their faces, whilst imploding their economy (this is as I personally see it). Here in the end, we see that the bank wins no matter what, either the government pays them, or they just own it all. Like the landlords of London, it will destroy the quality of life for more and more people, whilst not showing any resolution in solving the actual problems.

This all comes together when we consider the IMF part on underpricing risk (mentioned earlier), there we see the part that is truly linked to all our woes: “Policy makers from the Group of 20 nations meet this week in Cairns, Australia, to discuss ways of boosting global demand. The Fed today maintained a commitment to keep interest rates near zero for a “considerable time.” At the same time, Fed officials raised their median estimate for their policy interest rate at the end of 2015 to 1.375 percent, compared with the 1.125 percent estimate made in June“. The crux: “ways of boosting global demand” it is at the heart of the failures we see. It is worse than bad marketing. The last thing we need to do is boost demand. We need to resolve debts. Yes, the US wants to see demands boosted, as it was one step away from bankruptcy 5 steps ago. They are trying to bluff into a new era of not being dead, whilst they have been unsuccessful in dealing with their debts, having no solution and even less options. We must find another way. If the Netherlands, one of the smallest nations in the world can turn around an age of innovation to their advantage in a novel way never seen before, then so can we! If you wonder how this linked, then consider how their solution can become a new era of energy independence all over South America, parts of America and all over Europe and Africa. Solar panelled roads, a patented solution that can change the face of the earth in one mere step. Once the high pressure solution is done for cars, we will see a new era of energy. Not bad for a place that is famous for wooden shoes and a leaky dike! So where are we in the Commonwealth? Where is our innovation?

In the end Larry Elliott spoke the facts, the truth and wrote an excellent article, I just disagree with the views they link to, in the end, it might be me who was wrong and it is all in the eye of the beholder!

In this age of debt, innovation and Intellectual Property are soon to become the only currency that will have any true value! The Commonwealth needs its own share of those, less it becomes as desperate as America currently is.

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Tagged as Alistair Darling, Cuba Gooding Jr, Danny Alexander, David Cameron, Ed Balls, George Osborne, Gordon Brown, Hackney, Larry Elliot, Mark Thompson, Pfizer, Round Hill Capital, the Guardian, Tom Cruise, Tony Blair, UK, Westbrook partners

November 29, 2014 · 12:00

Prosecuting the ministry

It is an interesting day, when you get the message that the courts demand the prosecution of the Ministry of finance. Yes, we could feel that a brand new day in the moments of out entertainment will be revealed. It is only 6 days until the feast of Saint Nicholas in the Netherlands; yet, it is already an issue that state secretary Eric Wiebes and minister of Finance Jeroen Dijsselbloem could be regarded as naughty boys, with all the trimmings of lessened sweets and candy (at http://nos.nl/nieuwsuur/artikel/2006257-gerechtshof-eist-vervolging-ministerie-van-financi-n.html).

So what happened?

Well, it goes back to 2009, a tipper sold to the tax office a list of those who were ‘hiding’ their savings in Luxembourg to avoid the Dutch wealth tax. This is a tax that you pay over wealth that you accumulate, you get to save 21,000 euro, a couple can safe tax free 42,000 euro, so above that, you get to pay taxation. The amount is achieved as follows: The tax office takes a position of assumption, that you make 4% over that wealth (in ways like profit or interest), over that profit, 30% taxation is due, so basically, you end up paying around 1.3% over your taxable wealth. It is the Dutch way of showing that saving your wealth is not a good idea, so people left this money in other places, many in Luxembourg. So at this point, the issue gets a little murky.

You see, those ‘black savers’ (from the Dutch word zwart spaarders) demanded in court that the tax office released the identity of this tweeting canary, so that the reliability could be established. The courts agreed on this, and here we have it. Even though the Ministry of Finance did not appeal the issue, they have thus far remained silence on the identity.

Here is my first issue: Was there tax avoidance or not? Either these people have found to be guilty to have funds across the border, or they are innocent. The identity has little or no bearing here, which only seems to make sense in criminal pleads.

So as the courts again demanded the identity of Mr (or Mrs) blabs-a-lot, we get a new issue. The two civil servants remain silent. They claim to have been given instructions not to talk. Yet, these two civil servants are not beyond the law and as such they have no right to remain silent. So what is at stake?

The only quote we have here is the quote “there are other interests in play and there has been tuning towards the choice of actions on the highest levels”, according to the attorney representing the tax office.

So is this about 1-2 billionaires? Because the penalty of the evaded ‘donation’ could be as high as 300%, which means that it will represent a massive bill. This case is all about the money, but about whose money is this? The tax office, as some might decide to walk away taking all their business outside of the Netherlands?

Whatever we speculate, in the end it will be what will happen to these two civil servants and whomever gave the instructions, reason here is that the influencing of witnesses could be rewarded with 4 years in a less comfortable Dutch hotel (read prison).

Yet this song and dance is also showing another side and perhaps another trial. You see, why was the identity of the informer needed? Truly, does this give value to the statement? Let’s not forget the Dutch government could just seize 100% of those accounts, after which those who decided to ‘black save’ will be left with nothing, which is not fair, but it shows another side, these people chose to place their fortunes out of taxation ways, there will be a consequence to that. In addition, if the informer ends up getting harmed, will the court be liable for endangering lives? Is it so far-fetched that the person not getting away with his/her 12 million euro tax bill, that they might take it a little personal?

That will be a discussion for later, yet consider the action as the news of June 10th 2014 revealed (at http://nos.nl/artikel/659185-7500-zwartspaarders-melden-zich.html), where we see that 7500 people reported themselves with illegal savings outside of the Netherlands (to avoid the 300% penalty fee). It seems that these ‘savers’ had well over 4 billion in foreign savings, which is now getting the tax office another 75,000 euro per person, which is a serious amount of money. Yet that information does not seem to be used, how many names have proven to be correct is also a factor, because, no matter how we feel about the act, those who learn the identity of the person costing them 75,000 euro’s might get hunted down, then what will happen, more important, will those who passed verdict be safe from prosecution themselves at that point?

So is revealing the name of Mr Insider correct? Legally yes, but morally?

Yet, we now get to part two of all this, you see, the hunt for the illegal tax sheltering saver is only the tip of the iceberg. As we see nations and taxation make new options, or even heralding other investors, we see that there is a chance that the people by large will be endangered because of this.

For this, we need to consider what I wrote earlier this week in regards to ‘The reality for poor London’ as it was published on November 24^th and how there is now a larger danger to the people in Hackney, due to the changes as brought by Westbrook Partners. There it was a mere 99 apartments; in the Netherlands we now see that Round Hill Capital is purchasing almost 3800 apartments for a mere 365 million euro, which means the dumping of apartments for less than 100,000 euros each. This is not the first time that this happens in the Netherlands, last June well over 1500 apartments were sold for 180 million Euro (at http://nos.nl/artikel/2006203-britse-investeerder-koopt-3786-nederlandse-huurhuizen.html), it seems to me that this shifting of funds all over Europe has a second view. Not only are the people facing dangers down the track, the question is that people have been under pressure for living as the cost of living had become almost unbearable, now we see that well over 5300 apartments are now under the watchful eyes of an investment firm. When we regard Hackney and the upcoming 99 evictions, what dangers will these tenants face when the economy might take the smallest turn for the better?

On one side we see people running their savings out of the Netherlands, on the other side we see more insecurity as investment firms are taking a leap to lower yielding fields, what happens when the apartment field is no longer yielding enough? Who gets to deal with that mess then?

I can decently guarantee you that those enabling the current transfer of ownership will not be available for comment at that point.

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Tagged as Belastingsdienst, Eric Wiebes, Hackney, Jeroen Dijsselbloem, Ministry of Finance, Netherlands, Round Hill Capital, Tax office, Westbrook partners

November 26, 2014 · 23:50

Perception from the outside

It is hard to write about this. Not because of the topic, but because of the implications that derive from the thoughts I have. You see, I have thus far always had faith in the intelligence branch. When we look beyond the implied Hollywood drama of all matters, the intelligence branch is a dedicated underpaid group trying to keep its nation and its citizens safe. Yet, what lies beneath the veneer when we look deeper into certain matters. Are they for real or are we all played by the press to some extent?

This is at the foundation, as we cannot rely on any first-hand information, especially when the press is part of it, we are left with a question mark. One that might not need answering, but one that should not be ignored, this is at the core of me, for better or worse, I seek answers.

This all started yesterday when I got wind of a Guardian article at the earliest of dawn, as a final paper was due, I just left it to look at later (that later is now). The article is ‘Lee Rigby murder: internet firm could have picked up killer’s message – report‘ (at http://www.theguardian.com/uk-news/2014/nov/25/lee-rigby-murder-internet-firm-could-have-picked-up-killers-message-report-says).

Now, this should be a shock, especially to the family members of Lee Rigby, so why is this even a story? It starts with the first paragraph “Internet companies face intense demands to monitor messages on behalf of the state for signs of terrorist intent after an official report into the death of Fusilier Lee Rigby said one of his killers wrote on a website – later named as Facebook – of his desire to slaughter a soldier, without the security services knowing“, was this written by someone who had a clue? If we consider CNet (at http://www.cnet.com/news/facebook-processes-more-than-500-tb-of-data-daily/), we see that Facebook processes 500 Tb a day, now this is all manner of data, yet consider another indirect connection when we see ‘Tesco director facing questions about lobbying government over dirty chicken report‘ (at http://www.theguardian.com/world/2014/nov/25/-sp-tesco-director-facing-questions-lobbying-government-dirty-chicken-report), the first paragraphs says it all (as far as information goes) “Former FSA chief Tim Smith understood to have warned Department of Health that revealing food poisoning contamination rates could provoke a food scare and damage the industry“, so when we add the text “Tim Smith is understood to have warned the Department of Health in June that FSA proposals for publishing results, which included naming and shaming individual supermarkets, could provoke a food scare and damage the industry“, so when was all this released to the media? how much delay was there? Consider the implication of the statement in there that “it kills around 100 people and makes an estimated 280,000 sick each year“, now we get back to the implied message that might have saved Lee Rigby, if we take that a message in total is no more than 60Kb (it is a lot smaller, but could include graphics), we are looking at 8 billion messages each day (those we make, we forward or share, those we get offered as advertisement). Now, there is more, Facebook has applications with within that application message options. Not one or two, but a few dozen, which means additional messages, like simple online messengers, all that data, now also consider the implied message that the Guardian mentioned. “The report said the authorities were never told that one of the killers, Michael Adebowale, wrote of his murderous intent six months before he and his accomplice, Michael Adebolajo, brutally attacked Rigby in May 2013 in a street near his military barracks and attempted to behead him“, so finding the message, investigating it and acting on it. In well over 2.5 billion optional threats, the National lottery in the UK has better odds of winning a big price in it, so how did all this come about?

Here we get to the issue “The ISC chair, Sir Malcolm Rifkind, accused internet companies of providing a “safe haven” to terrorists but said a despite a string of failings by the security services, which had repeatedly monitored both men before the attack, there was nothing they could have done to prevent the murder of Rigby“, here I start having an issue, particularly with Sir Malcolm. Consider one sincere threat in a place where there are millions of threats, boasts and pranks, all claiming something pretentiously grandiose. It is my believe that Sir Malcolm is all about trying something different and he going about it the wrong way, he is trying to get to Damascus, via Washington and Los Angeles. Not the brightest route to take. Apart from the approach he is implying to take, he is also forgetting about a series of events that he needs to take, which will fail and in the process will enable commercial companies to actually hammer down on consumers in the wrong way. Does Sir Malcolm realise that, or did he intentionally forget about that part?

What did I mean by that? You see, the intelligence branch has access to enhanced statistical algorithms; they match it via other created profiles. Now, normally such a profile is only created when a person has too many flags in his/her name. For example members of an extreme faction, people with links to organised crime and those with additional political agendas. There is a bunch of reasons which will result on the eye of the intelligence community on you. For the most they are checked every now and then and if nothing happens, nothing happens, it is that simple, which an accumulative approach to sifting data tends to be. This is all good and proper; it is a way to protect national interests. For the most they end up verifying that you are not a threat, or not a concern to them, it comes with their territory.

The intelligence branch has resources, they are there, but they are finite. Sir Malcolm seems to be pushing for a change that is extremely dangerous, you see, at some point, Facebook, Google and others will all be shanghaied into becoming ‘volunteers’ in data oversight. They will get all kinds of tax breaks, so there will be interesting benefits for these data farms, but now we get to the real dangers. At one point, they want more and push for a change that will allow these farms access to those advanced algorithms, now we get a new problem, now we see a change where those farms will get to analyse US ALL! they will have the algorithms and the linked data no commercial enterprise should ever be allowed to have, now we will all be set into those who get access (viable as retail commodity) and those who do not matter, we will get marketed into oblivion, but now directly into the realms we use to love, it will be a push to sway us into a direction we never wanted to go, our freedom becomes a point of pressure. Consider, you might love ‘the Office’, once social media digs deep, how much will you enjoy getting 10-20 sales pitches a day on your personal interests? How long until you stop sharing interests?

Now consider the following:

The ISC said in its report: “Whilst we note that progress has started to be made on this issue, with the Data Retention and Investigatory Powers Act 2014 (Drip) and the appointment of the special envoy on intelligence and law-enforcement data-sharing, the problem is acute. The prime minister, with the National Security Council, should prioritise this issue”.

The part not mentioned or looked at is data retention. I wrote about it on October 2^nd 2014 in ‘Advice from the press?‘ there I wrote “I am still convinced that if data retention becomes a larger issue, the intelligence community will be lacking in hardware, knowledge and staff to deal with these massive amounts of data, which leaves us open to other issues, yet this is just my view!“, now we see a push that social media will do more scanning.

The next two paragraphs illustrate certain dangers down the track: “Adebolajo, the more dominant of the two, had featured in five MI5 investigations and Adebowale in two, but none found evidence of an attack. The ISC said MI5 made errors and was plagued by delays, but even if corrected none of this would have helped the security service to spot the level of danger posed by the attackers before they struck“, so how could we have kept Lee Rigby alive? The information to the better extent is stating that this would not have been the case and I am not the only one thinking this.

When we consider “The Guardian understands senior figures in MI6 expressed anger at the criticisms in the report. One source familiar with the committee’s work said: “It is fair to say that the chaps across the river are not happy at all.”“, we see another part. This is not just within the UK, the UK needs to protect itself, especially with the ISIS acceleration we see all over North Africa and in the Middle-East; this all requires a new strategy. Data is at the centre of it, that part is correctly seen by Sir Malcolm Rifkind, chairman of the ISC. Yet, my issue is the view the man seems to have in regards to integrity. Commercial enterprises have no integrity and to a larger extent, neither do internet providers. So we have an upcoming issue. The next part you the reader might observe is the part that was not clearly seen in the article and it has been part of the events that miss one item as we see these discussions.

What time is it?

Yes, the timeline! That is part of all this. No matter how lovely that ‘donut’ looks in London, the people there have been delaying with an increased amount of data. I personally would consider it to be in excess of 30% in growth per year, which means that the data collectors and analytical group grows over 100% in size in a little over 3 years, the accumulated requirement for the UK, and beyond that the Commonwealth requires growth beyond that. In my view, letting places like Facebook crunch that data and giving them access to some of these algorithms is clearly a bad idea. In addition, consider that these firms could harbour ‘sympathisers’ to chaos. Once these algorithms gets into other hands, how long until those supporting ISIS and like-minded extremists will get a handle on lowering their profile even further, making this entire approach pointless?

That danger is twofold, storage, which is the non-essential part. As storage seems to become cheaper and cheaper, that part will be decently manageable overall, the other part is the issue, processing power. We can want for all the processors we can, but the power processors of tomorrow are less and less equipped to deal with such a growing load of data. Now consider that this is just Facebook, how much additional data will we need to see mail providers, twitter, Instagram and loads of other multi Gigabyte collecting options. There is no denying that data needs to be looked at, yet direct data crunching is less and less an option. The question becomes how to tackle it, can or even the question should it be tackled like this at all?

That is the dangerous side, isn’t it? When we are confronted with such an abundance of data, why seek the pressured solution? Let’s not forget that the example taken here, namely Lee Rigby, would not have been saved. So why try to seek a solution in such a pressured environment? Consider the lottery example; if 1,000 out of the 5 billion are death threats, we get a number one in 5 million, now we need to tackle these 1000 messages, which ones are genuine? Consider that some are below the radar, which means that some could be WRONGLY disregarded. Add to that the danger of a prank jest where a group and all THEIR friends send one threat regarding a VIP, politician or regent. It would drown out intelligence resources in mere minutes.

So yes, no one denies that something must be done, yet giving social media these responsibilities is not the best idea, giving them access in some way to other algorithms is less a solution, we are in a shift of dimensions, an interaction of data dimensions and profiling intelligence. Consider the NSA data center in Utah, costing over 5 billion in total, in addition, the cost of electricity, manpower and other costs, taking it to an additional 50 million a year (for just one location). Now consider that this centre will need to grow processing power in excess of 50% within two years, how much additional costs will it require? Add to this the energy needs, well over 60 Megawatts, yet within 2 years, that could be closer to 80 megawatts. That means in excess of 10 wind turbines, just for one location, the equivalent of 15,000 households of energy. I think that certain parties are not thinking in the right location, if we disregard the lack of expertise and an offer (in abundance) of revenue based (read commission seeking) expertise, it seems to me that even though data should never be ignored, certain approaches will require a different hand.

Perhaps it is not a new solution they need, but to reinstate a very old one.

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November 26, 2014 · 20:20

Below the skin of life

Like many others, I looked at what is going on in Ferguson Missouri and I wonder how things went so out of control. As per today, as I saw events erupt, I decided to take a little look at why this was happening. Not the fact of the boy who was shot, but what brought all this about. Doesn’t it seem strange that the events as they are evolving, that there is little to no mention at all in the press on this?

So what got all this started?

Well there is more than one story. First the one in USA Today (at http://www.usatoday.com/story/news/nation/2014/08/14/michael-brown-ferguson-missouri-timeline/14051827/)

12:01 p.m. – The officer encounters Michael Brown and a friend as they walk down a street. Brown is shot to death as a result of the encounter.

This is not much, is it?

We get a lot more from the NY Times (at http://www.nytimes.com/2014/08/18/us/michael-brown-autopsy-shows-he-was-shot-at-least-6-times.html) Here we see: “At 12:01 p.m., they were stopped by Darren Wilson, a police officer, who ordered them off the road and onto the sidewalk, Mr Johnson, who is 22, later said“.

So this is because two kids were walking on the road and they were told to get on the sidewalk?

I am certain that the press is not hammering on this fact, but it seems to me that this escalation is purely due to events that go way beyond the mere shooting of a teenager named Michael Brown.

The wiki page (not too reliable a source) is slightly more informative, which seemed to be a combination of three papers. There we find: “Michael Brown, an 18-year-old male, died after being shot at least six times by Darren Wilson, a 28-year-old Ferguson Police Department officer. Brown was walking in the middle of the street along with his friend Dorian Johnson when Wilson stopped them and told them to use the sidewalk. From there, a conflict between the two erupted at the vehicle, as Brown allegedly assaulted the officer through his window. The officer allegedly reached for his weapon inside his vehicle shooting Brown in the thumb then shooting when Brown allegedly charged the officer, ending with Brown’s death from multiple gunshot wounds“.

So from this part we see a policeman alleged to be under attack. I use alleged as there is conflicting evidence on this. As you read the NY Times article, which is a very good and informative read, we also see a first inkling on how much limelight attention this is drawing.

The article also has a statement that is part of the problem “Thousands of protesters demanding information and justice for what was widely viewed as a reckless shooting took to the streets here in rallies that ranged from peaceful to violent“, this reads in two ways. The first is that if the entire part of moving to the sidewalk is true, then not only did Michael Brown bring this on himself (based on the evidence), but consider this, a cop tells you to get off the road and walk on the footpath, you do this, matter closed, no deaths, no shootings and no city on fire.

Is this oversimplifying the matter?

The second part is that if we alter the previous statement a little (for illustration) “Thousands of protesters demanding information and justice for what was widely viewed as a reckless shooting took to the streets here, rallying violently“, this is not done for correctness, this is done to illustrate one particular group that has been there all along. If you doubt me, then look at the photos of Ferguson in flames. This also leaves a clear indication that there is a lot more at play then we are seeing.

What we see here does not even come close to the London Looting scene from August 6^th until August 11^th 2011.

There is however a lot more, certain events are escalated in view by possible the press and possibly several political players. Can someone explain to me how it comes that the Brown family, they are, as we can all agree under a sad situation allowed to address a UN conference in Geneva on torture? This is seen in ‘Brown family returns to Ferguson from UN conference in Geneva‘ (at http://www.msnbc.com/msnbc/brown-family-returns-ferguson-un-conference-geneva). If we look at Amnesty International (at http://www.amnesty.org/en/library/info/ACT40/001/2003), we see a document where on page 36, at 2.4 we see “The CRIPA provided the federal government with an important civil remedy, enabling the US (federal) Department of Justice to seek federal court orders or injunctions to eliminate patterns of abuse or unconstitutional conditions in state and local institutions“. This in itself is not an answer, what is shown that there are issues in play, there are remedies and legal avenues, so why were the Browns in Geneva? Was this a political play and a waste of time? Yes, I state a waste of time, because there are many issues in the world, many nations where torture is a real issue, where in many nations domestic violence against women (which I personally see as torture), is still at the foundation of society ignoring it all the way up to the top of national legislation. This includes Australia, the United Kingdom and several EEC nations as well.

It sounds extremely harsh to say it, but the shooting of an African American walking on the road does not cut it for the UN on torture (but it should be investigated).

It should be investigated, for the reason that we see the statement by Dr Baden in the NY Times to be “The bullets did not appear to have been shot from very close range because no gunpowder was present on his body”

Yet, NBC (at http://www.nbcnews.com/storyline/michael-brown-shooting/vonderrit-myers-case-cops-say-shot-teen-had-gunshot-residue-n225761) states: “The St. Louis teenager fatally shot by an off-duty officer, which set off fresh protests in an already tense atmosphere, had gunshot residue on his hand and the waistband of his jeans, according to lab results released Tuesday by the police department“.

So there is a conflict of data already, according to the NY Times: “Dr Baden, 80 80, is a well-known New York-based medical examiner, who is one of only about 400 board-certified forensic pathologists in the nation. He reviewed the autopsies of both President John F. Kennedy and the Rev. Dr Martin Luther King Jr., and has performed more than 20,000 autopsies himself“. It seems that this person is top notch in his field, which gives ample questions on where the NBC information comes from.

The entire issue that the police officer was attacked in his car! If we go back to USA Today, we see as the timeline for August 10th at 10:00 “10 a.m. – Michael Brown, 18, was unarmed, St. Louis County Police Chief Joe Belmar says in a news conference. Belmar says Brown physically assaulted the officer, and during a struggle between the two, Brown reached for the officer’s gun. One shot was fired in the car followed by other gunshots outside of the car“.

We now have an issue, there is conflicting evidence and the gunshot residue is part of the smoking gun (it really is). So, what happened?

There is an issue on several levels and no matter how the Grand Jury goes; there are massive issues, because the death of one teen (in a nation with well over 17,000 homicides in 16 states) does not seem like a big number (statistically speaking). Linked to this is one more part that we saw in the NY Times “According to what has emerged so far, on Saturday, Aug. 9, Mr Brown, along with a companion, Dorian Johnson, was walking in the middle of Canfield Drive, a fistful of cigarillos in Mr Brown’s hand, police say, which a videotape shows he stole from a liquor store on West Florissant Ave.“, so we see a possible result of a crime, which can only come to light after the facts, we see a shooting with conflicting data.

There is a lot going on in Ferguson, Missouri, yet the press are all focussing on the fires, I have seen little to nothing in regards to how these fires got started in the first place. Is this the direct consequence of a collapsed economy, a collapsed morale anticipating no future? If so, then Ferguson is only the tip of the iceberg and we will see a lot more escalations, likely far beyond the state borders of Missouri.

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November 24, 2014 · 11:20

The reality for poor London

It is not a new concept, people who are getting drowned through greed, yet as the Guardian in a video shows us: (at http://www.theguardian.com/uk-news/video/2014/nov/21/new-era-residents-fight-us-owners-westbrook-london-estate-video), the dangers where greed will not turn people homeless. In addition, the people behind it, Westbrook partners are hiding behind walls and the law. Here is the first part I object to. The law is a shield of protection for victims, not a cloak of unaccountability for the greed driven. However, part of the article that is not shown is the fact that the UK government might have fumbled the ball in a massive way here. I reckon that David Cameron has to attack these issues immediately, because if left untouched, the move from all parties INTO UKIP might be one we have never ever seen before in the history of politics.

So what is actually the case?

Westbrook Partners has been buying real estate on a massive scale; London, New York and Tokyo have been met with a spending spree on acquiring real estate. Buildings have changed ownership, but this change has a difference. This is done for investors of American workers Pension funds (to name but one). They bought property as mentioned in Hackney (inner east London), the residents were told that the rents will now go to market value, this is stated to mean that rents will triple almost overnight, how is that even close to acceptable, moreover, how many will be left to afford such a rent? Consider a rent of 2,500 pounds a month, this comes down to $4,500, I have had decently good paid jobs in IT, but I cannot afford those levels of rent, not in the best of days. Hackney council is currently expecting Westbrook to issue eviction notices. This is worse than just a bad nightmare; dozens of homes will be uprooted for what? Replacement by high rise new building, offering a massive boost to Westbrook Partners, which by the way is a US firm with offices in the UK.

It is not just the immorality of it all, consider that investment firms are now focussing on lower yield options, lower yield locations. Is this because the American wells have dried up? Now, I know that for the most, these things are not an option (or were not an option) in Amsterdam. When Amsterdam saw the 70’s boom in London, they made sure that these dangerous times could not happen there, but it is not a given for all buildings in Amsterdam (outside of the inner city). Consider other places where governments have been lacks with affordable housing. With this I mean Melbourne, Sydney AND Brisbane in Australia, Rotterdam, Delft and Leiden in the Netherlands, Several places in Germany and a few other places. When Westbrook and companies like them start changing the game to this extent, what will happen to the population at large? San Francisco had some events in this direction as Google expanded its views, but this is only the tip of the iceberg, now it is not just housing for a large company, now it is about returns for investors, how long until that part collapses leaving people not just in a state of destitution, but homeless as well?

When we see the article, we see the American Workers Pension Funds, with an image of fire fighters, did these fire fighters know that they are not just saving people, but for their retirement, they are making them homeless too? So is there an issue? Well, Yes!

The issue is at present that what is being done in not illegal, but highly immoral. To force a population out of an area, because of income is like stating that the poor are not allowed in London in any way, how is that not discrimination?

More interesting is how Westbrook was unreachable by the Guardian, their website views like a two page joke giving no information at all. When has an investment firm hiding behind wall of unreachability ever been a good thing? Goldman Sachs has been bad news on a global scale, yet they at least remained reachable. This new era of Westbrook is something entirely different. To see just how dangerous this rent rise is, take a look at the image on this link http://www.theguardian.com/society/2014/nov/19/new-era-estate-scandal-london-families-international-speculators, even more interesting is how the New Era estates included a minority share by Conservative MP Richard Benyon, who is pulling out this month, when confronted with these levels of changes. We might think of blaming it all on London’s Westbrook Principle Mark Donnor, but is that fair? Consider that this mess is the continuation of a mess which I witnessed for well over 22 years! Prices in London have always been outrageous and now that the wells are drying up, rental spaces are one of the few low return yielding options. Both political parties should have harshly intervened long before 1995, but they decided not to, now we see a new iteration which could break the London infrastructure. If you wonder why, then let me explain.

London needs workers, they always needed them and most of them live a long way from London, yet now we see a new group, those on a ‘higher’ lower income like Nurses and some tradies who lived in places like Hackney, as they are evicted, they will move further away and they will try to seek work in a place that is not London, as London faces a rental crash, it will also face a workers crash as people are less willing to live 2-3 hours away from work, we see the need to find other avenues to contain their work-life balance, that means working somewhere else. You might think that this is exaggeration in regards to 92 households in Hackney, but do you think it ends here?

If we consider the quote “The letter said they had secured an agreement not to increase rents again until 2016. However, it added: “Since this week’s departure of the Benyon Estate we understand the council have now been informed that Westbrook no longer plan to honour that plan, and have been told that their plan is to refurbish the current estate in its entirety and then rent all the properties without secure tenancies at market rent levels, with no affordable housing”“, we get another view, we get the view of several investment firms seeing what could be acquired in London for refurbishment and upgrades to market value housing. Consider areas like Paddington and Kilburn, what happens when they get refurbished into market value? In addition, when we see “Councils are acquiring properties in Kent, Essex, Hertfordshire, Berkshire, Sussex and further afield to cope with an expected surge in numbers of vulnerable families presenting as homeless as a result of welfare cuts from next April” (at http://www.theguardian.com/society/2012/nov/04/london-boroughs-housing-families-outside-capital), is this perhaps just the beginning? What happens when the situation goes from 92 households, to 992 households? What will happen to the smaller businesses as these places are all upgraded? The London economy is an interaction of classes and groups, when the city changes the dynamic that has worked for decades, we see a change in culture and options for all workers involved, moreover, what can we expect to see when these locations start to lose the reliability it has had for so long towards an entire iteration of workers and traders. Once that is changed, other elements will become in play as well, then what will happen?

In my view, David Cameron will need to make large strides in changing a current approach, to allow for long term sustainability. If not, we will see entire areas no longer in a state of survivability. These events that Westbrook has started will also make a change to the policies that London Lord-Mayor Boris Johnson is trying to introduce. No matter how strong the need for a living wage is, as Westbrook is pushing for market values, we will see a living wage that needs to go from £8.55 to £18.55, which is something that is not just unrealistic, it will be totally unmaintainable. The fallout will be long term.

In the end the UK government did this by not acting and others might be in the same predicament soon enough. I will be honest and state right here that no one anticipated the fact that rent would ever become the preferred return on investment for investment companies, which is an entirely different conversation I will have with my readers at a later stage. A change none saw coming, but now that it is here, it will prove to be additional hardship on the Conservative party, whilst giving even more options to UKIP.

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November 19, 2014 · 11:04

Si fueris Romae, Romano vivito more

It is an old saying that still applies today. It reflects on two events, two that show that the events we see escalating have a profound impact on choices, those in the past and in the future. When we consider the events (at http://www.theguardian.com/world/2014/nov/18/synagogue-murders-binyamin-netanyahu-despicable-murderers) of slaughter, we see two sides of the same equation, on one side can we hold a group accountable for the action of a few people. Can Palestine be held accountable for the events of two Palestinians? The UN is so eager to add Palestine and give them loads of options, yet the massive amount of events going on form 1946 gives clear way that many have been on track and remain on track to eradicate the Jewish population. There is something entirely wrong about that, yet we must accept that Palestine has genuine grievances; however these are completely ignorable towards the fact that genocide should not be condoned, the Israeli state, which seemingly became the quick solution for governments after the WW2 massacre. As I personally see it, the powers that be who were in charge in 1945 required a solution for giving the Jewish population a solution and made their dream come true of the start of the state of Israel. Was this wrong? I am not wise enough to have the answer to this, yet what is a certainty is that, if it had not happened, Europe would have been confronted with a population bend on revenge after what was done to them. Consider the danger of death squads getting even with the Dutch, German and French population for what was done to them. Even if we consider legal events (at http://www.spiegel.de/international/world/jewish-family-in-restitution-standoff-with-german-city-of-teltow-a-939659.html), ‘A German-American lawyer and his family have been fighting for over two decades to reclaim lucrative properties lost under the Nazi regime‘ is only one of millions. Consider when massive chunks of Amsterdam, Berlin, Munich, Koln, Leiden, Utrecht, Paris, Reims, and that list goes on. Creating the state of Israel was the easy way out. Even though Historically, that part would have been even larger than what it is now. Yet, the issue does not stop here.

When we look at the second news story we see that the US has been kind enough to leave some hardware for Isis (at http://www.theguardian.com/world/2014/nov/18/un-report-isis-enough-weapons-carry-on-fighting-two-years). The four bullet points are:

Arsenal is sufficient enough to threaten region ‘even without territory’
Much of Isis’s weapon stocks were stolen from US-backed Iraqi military
Report recommends sanctions including seizing Isis oil tanker trucks
Foreign jihadis flocking to Iraq and Syria on ‘unprecedented scale’

The first issue shows that ISIS has enough power to be a clear threat, this leaves the indication that the initial US strategy of bombing was never a true option. I never believed it to be and several deeper into military knowledge and strategy had the same idea on this. The term ‘no boots on the ground’ was not realistic from day one. To be honest, it would be realistic if other nations had stepped up to the plate for this, which would not be a unacceptable idea, as America is both financially and economically in a state slightly lower than the average basement. It is not unrealistic to let other nations step up to the plate, but that would leave it all in the hands of politicians, which gives the reader an idea of how much is unlikely to happen.

The second issue is twofold, either the Iraqi military is strategically inapt to deal with the situation, in the second it is not impossible that part of the Iraqi military is on the side of ISIS and they military is to some extent the eyes and ears of ISIS. The last part is clear speculation by me, but overall is that such a stretch? ISIS is making massive stride all over the middle east, there is additional clear indication that ISIS has reached Gaza and moreover, Hamas is losing more and more control of the west bank. These escalating issues are now becoming a worry on several fields. West Bank, Sinai and they are gaining visibility in Jordan.

The third issue is about recommendations. It sounds nice in theory, but what will be done when they only deal with Islamic partners like Pakistan, Morocco, Tunisia, Palestine, Senegal and others, how much confiscation will there be? More important, the recommendation ignores the biggest danger. What if ISIS locks down on the oil, they got by without it easy enough, but when the lock down starts, how long until most nations go into a lock down? Consider the barricading of oil transport to US and Europe for two weeks, how long until that powder keg paralyses nations and economies? Frank Herbert wrote it about it in his book Dune: ‘He who can destroy a thing, controls a thing‘, that is a truth we ignored. The tactic (seen as ‘scorched Earth‘) has been employed by Stalin during WW2, Sherman in the American civil war, Lord Kitchener in South Africa and by the Russians against Napoleon. The tactic was to some extent banned under Article 54 of Protocol I of the 1977 Geneva Conventions, which is only nice if ISIS would respect that, but we can definitely rule out that chance.

The fourth one is the nightmare many government face, not as they go there to fight, but what happens when these people return, which allows ISIS to place lone wolf terrorists, with massive amounts of options to damage the nations that gave them a life and future in the first place. Now we get to the title!

si fueris alibi, vivito sicut ibi

If you are elsewhere, live as them there (rough translation), yet the second part is not exactly happening, yes they start like that, then they take over and others convert or die. This is at the core of the issue, and as we speak, there is intelligence out there that is confirming (actually they are not denying, which is not the same) that ISIS is growing its numbers from the refugee camps, camps with over 2 million people. If only 1% joins, they will have enough troops to change the face of the Middle East.

We can debate on legitimacy of Iraq all we want, but in the end does it truly matter? The events that changed the map are now at the centre of the moments that shape the new Middle East. The question becomes who wins? It is clear that the winner will have a foundation of support all over the Middle East, yet where will that leave Israel and America? Soon they will be forced down a path of war that none considered to the extent that anyone envisioned. It will be the first war that might have the blessing of the Arabian states, as it seems decently clear that they have enough worry from ISIS as well. If ISIS grows beyond a certain point, we will see a change in Jordan and Syria first, after that the tinderbox will truly light up, with threats to Egypt and the nations surrounding the UAE and Saudi Arabia, then what will we do? Consider ISIS not just with troops and arms, but with access to the oil wells and they decide who gets delivery. Then we end up with the nightmare scenario, just because it was left to the politicians.

So as we now consider the fullness of the text: “si fueris Romae, Romano vivito more; si fueris alibi, vivito sicut ibi“, those in charge need to consider who they are dealing with and throw out the play book they used for too long a time without ANY results, consider who these Romans are and deal with them, because if we don’t they will hand out the dealings of portions of grief none will survive, which will be extremely uncomfortable for all of us.

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November 17, 2014 · 01:59

Rated into immorality

Can anyone explain something weird to me? The news is given (at http://www.theguardian.com/technology/2014/nov/14/twitter-given-junk-credit-rating) to impress upon us a combination of values and steps that are beyond immoral. Consider the tweet, tweet twitter engine. I use it almost every day, it is the one unbiased part where we can follow events, people and companies so that we keep up to date, small messages that bring the actual information. A company that had a massive idea, is making money, when we see the quote “Jim Prosser, a spokesman for Twitter, pointed to S&P’s own words as comment: “Twitter will continue to experience very strong growth and not encounter a significant increase in competitive pressure.”“, we see issues, but is anyone seeing the question behind it? Then we see the one little gem hidden in all the text “The rating is unsolicited“, is this part of the issue? You see, as we look at companies, their revenue, their profit and some might consider their contribution, so as we look at it why is S&P suddenly decided ‘Twitter given junk credit rating‘? It seems to me that there is an economic shift going on. As companies are doing well, they are now getting downgraded for not meeting the expectations of some analysts.

Yet, where is this world going to?

Consider the application of morale (a word not found in a financiers dictionary) and reasoning for my thought train at present is the following: ‘Forex-rigging investigation: George Osborne gives full backing to SFO‘ (at http://www.theguardian.com/business/2014/nov/14/forex-rigging-investigation-george-osborne-sfo). Libor, Forex, Tesco and there is absolutely ZERO indication that this is just it. At the edge of reason we see the quote ‘Because I don’t want you to see any of my wobbly bits‘, which sounds ample and applicable as the financial district of happily ‘screw everyone over‘, it is all about the wobbly bits, according to Bridget Jones!

Consider the Forex articles. The second one is http://www.reuters.com/article/2014/11/14/us-banks-forex-crime-idUSKCN0IY0LV20141114. The issue is not just the events, the quote “Royal Bank of Scotland, HSBC, JP Morgan, Citigroup, Bank of America Corp and UBS were hit with penalties. Barclays is still in talks with authorities over a settlement“, which not just how far the issue has overstepped, but the issue is where banking laws are falling short, short to the extent that we have in access of half a decade. The issues continued after the banking collapse as the financial population continued to be nothing more than an eager courtesan to the bonus they so crave. The end result is a malignant decay of morals, standards and all this now (as I personally see it) on the standards as the poor are left with less than none, so Standards & Poor it is!

We now get back to what I regard to be a new level of exploited levelling. Consider the hidden simplicity that Libor held; now consider that debt ratings Moody’s, S&P, Fitch and the relative newbie Egan-Jones decide on ratings. Combine ‘how to lie with statistics‘ (a famous book by Darrell Huff) and the need to manipulate the market for 23 billionaires and we see the light of junk status made Twitter in a whole new light. Consider the basic state of an economy. A company sells, makes profit and pays taxes, a nation flourishes! This is a naive (remember my non-economic degree?) approach towards the worlds cloud of business. Investors, shareholders, analysts and raters are a cog within a machine of cogs. Yet this inner circular machine is different. It inflates, malleably changes and coaches towards a change that seems to be intent on syphoning and draining virtual cash flows into a different premise of profit, which is then turned to actual money. In an age of debts that go beyond the total of all treasuries, virtual numbers that have little to no foundation. The foundations and the levels they have been compromised towards are of a dimension we never imagined possible. Consider that the big banks have been fined in excess of 2.3 billion (at http://www.forbes.com/sites/halahtouryalai/2013/12/04/big-banks-fined-2-3b-over-illegal-libor-cartels-more-fines-on-the-way/), I wrote about it in ‘60% confiscated and counting in Cyprus!‘, on April 1^st 2013, yet do not think this article to be a joke. I stated “If this is what frightens the US, then consider the consequences of a system like LIBOR being manipulated through the total value of trade. If that would have been off by 11.2%. Out of $1000T (UK and US combined) then that difference would be $112T“, several people laughed out loud then, yet now consider not just Libor, but the audited events of Tesco, the $5.3 trillion market of Forex and the fact that morality might be found in a church, but as we see the evidence, morality is not found in banks and financial institutions, where will it end?

With the Twitter events that question becomes more debatable and the impact that rating companies now impress upon profit turning companies have. Is it just about profit, or about the stated ‘anticipated statement of profit’? As certain ‘analysts’ claim that events are not exceeded, stock becomes junk, waves are created and as such, the welfare of companies are tweaked into a state of artificially changed state, some are inflated, some deflated, but always towards the claim of raters and analysts. The bottom line set towards an algorithm. Consider these states as we have seen not just the change of Tesco, but the events as they also gave way of downgraded profits with Sainsbury, which was not so vocally seen before that day in September. Interactions on many levels, based upon foundations that no one seems to question. Consider how the expectations were set by ‘analysts’ based upon data given to them and data available to them, now consider how Tesco had a quarter of a billion inflated and how the Pricewaterhouse Cooper auditors were ignorant of the inflated condition, now consider how Analysts used that element in predicting waves, the raters predicted and set the value and they are now setting the anticipation of investors and shareholders, an artificial pool with tidal wave creating capacity, and the two elements that have the ability to set the power and size of the waves. So how is your view of financial morality now? Consider the final part in this story. When we consider a story on Fortune titled ‘Twitter is junk, while Alibaba is class, ratings agencies say‘ (at http://fortune.com/2014/11/14/twitter-is-junk-while-alibaba-is-class-ratings-agencies-say/), why is that? Twitter is still holding its own, is it perhaps that the waves of Alibaba can be more easily influenced? Companies valued at the ability where the waves can be decided by the financial cogs, the stability of Twitter is less interesting to them, so they make way for whoever can aid in creating the waves these financial people want. (The last part you read is all speculation on my side), yet speculation or not, when we see the waves of Libor and Forex, are my thoughts so far out of bounds? How Twitter making millions is downgraded, how Tesco, beyond the inflated profits, still made a billion, it’s downgrade of 90% seems excessive beyond punishment, but Tesco is not a good example (because of their own internal manipulation), Consider the Fortune quote “And the fact that Alibaba is 90% dependent on a home market that is slowing, while acknowledged as a risk, doesn’t seem to scare the agencies“, it does not scare them, or it appeals the dependency of Alibaba to make certain decisions down the line? There is a side that seems ignored by all, I personally still have a hard time believing that (as my calculation went in ‘Price Waterfall Blooper‘ on October 25^th) the price for 199 auditors could not find two events of inflation of each well over 100 million. Are my suspicions in regards to manipulations that far-fetched?

I wonder how long it will take for the law to catch up, for the Department of Public Prosecutions (DPP) or Crown Prosecuting Services (CPS) to get a handle on these events and deter these actions to such a degree. There should be additional questions as the raters are all American, in light of their shortfall that approaches 18 trillion at present. It seems that the US has no options, no solution and no resolution strategy, yet we see that the big four give ratings are all American. The last part is not an accusation in any way, yet the fact that the Auditors need new oversight, especially in the light of American auditing firm Pricewaterhouse Cooper as they will face questions regarding Tesco. As the 4 largest auditors include UK and Netherlands, why are there only American raters (of the proportions of the large 4)? With the risk of manipulation, should there not be a British and even a French or a Dutch rating service? Let’s not forget that PwC faces possible investigation, not because they are more likely than not guilty, but because their innocence needs to be proven beyond any doubt, especially in light of the amount of companies audited by them as well as the issue of 199 auditors (as I calculated them) not finding anything. When we consider the length of time that PwC has had Tesco as a customer, yet, these are two separate issues, there is no inkling of suspicion that auditors are part of any manipulation, yet the auditor’s data is essential to such steps.

Where is the solution?

Not sure if I know of one, laws can be made draconian to give much harsher sentence to the transgressors, but the issue is not the transgressors, the issue is that these ‘manipulators’ have by definition of law not broken any rules. Yes, we see the fines of Libor and soon Forex, these transgressions are seemingly clear, but what of the raters and the analysts? The issues of data are at the foundation here. That what is raw data and how it becomes processed data is now at the centre of it all. That what is construed to be the creator of waves through analysts, raters and auditors; Auditors collecting the data, analysts to manipulate (which is what they might see as a simple application of personal preference and weighting) and raters to set the pace for investors and shareholders.

So tell me, how wrong is MY view and why have these influential cogs not been dealt with through legislation?

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November 16, 2014 · 00:14

How the mighty can fall

You see, I’ve have had a few issues with Ubi-Soft (or you be soft) in the past. After 5 iterations of glitches and increasingly less reliable accounting of that what they claim, we can see that the floodgates are opening. I wonder if anyone ever explained to Yves Guillemot that relying on marketing and shareholders equals screwing your company value over, those who push for short term gains, will long term destroy a company, in that view the danger of the existence of Ubisoft grows. They are in sizeable company IBM, Microsoft, Electronic Arts, WordPerfect and that list goes on. The first part you see can be found here http://www.forbes.com/sites/insertcoin/2014/11/14/ubisoft-responds-inadequately-to-assassins-creed-unity-embargo-and-performance-issues/ “Obviously, they can handle this situation however they want, but there has been close to zero diplomacy throughout this launch. This statement simply reads as “we are fixing the things you are yelling about.”“, but there is insincerity in that past. It reminds me of a Beta version that was launched, just to keep with dividend expectations. Unity as I personally expect it to be is nowhere near ready. The glitches seen should be caught by a decent QA team, so either it was skipped, or this was about setting shareholder expectations. It is short-sighted and dumbfounded as I see it.

The second term is one I really have a problem with “It’s now a significant, highly uncommon event to have a major game launch without issue“, how about doing your job right? How about proper game testing, how about not being the bitch of marketing (for the shareholders)? These issues are central in the entire debate on quality software. I wonder why a billion plus company did not figure that out, or is this the bad side of the image they accepted?

There are even criminal charges to consider at present “To say that this one aspect of the game mandated a 12-hour-post-launch review embargo time is nonsensical” is more dangerous than people realise. You see, for that time, people buy a product which the company knows to be faulty, that by itself constitutes fraud, which might be seen as ‘an act commonly understood as dishonesty calculated for advantage‘, is that not the case here? The fact that it was shipped broken seems to be enough of an indication.

I will take it one step further: ‘A party who has lost something due to fraud is entitled to file a lawsuit for damages against the party acting fraudulently, and the damages may include punitive damages as a punishment or public example due to the malicious nature of the fraud‘, now let’s take a look at this. Consider that the gamer lost time, which is a given, now consider that many gamers can only afford one game until thanksgiving, now they bought Assassins Creed, whilst they might have bought Sunset Overdrive of the Evil within. So it might be considered that they defrauded the others whilst keeping knowingly the lid on faulty merchandise.

I foresaw this coming roughly three years ago, when we heard about a new Assassins Creed ‘every year’. Good gaming does not come on command and innovation takes time, which means that the gamer gets sold short right of the bat!

Forbes brings a good tone, but they remain soft on Ubisoft. Looking at YouTube and searching “Unity sucks” will get you a massive list of rants, which is only in the second day of release. Can we agree to some extent that Yves Guillemot needs to get a grip on his company unless he ends up being found liable on a near global scale (this game is apparently not played in North Korea)?

Gamespot seemed a little ‘softer’ on the makers as they are their primary sponsor, but likely they will claim that it had nothing to do with that, yet the fact that Gamespot gave the game 7 out of 10, should be indicative that the game has massive issues beyond the glitches and bugs as well. Yet Gamespot had good things to say as well “I had that roof approach licked, jumping into the building through an open window and blending into a crowd of bourgeois loyalists before sneaking up on my target and making the kill. With multiple options of attack available, the replay ability factor here is huge, giving you more of an incentive to go back and nail those bonus conditions for completing a mission“, this truly sounds like the old Assassins Creed many loved, yet then they state “These excellent sandbox-style assassinations make up the bulk of Unity’s missions” followed by a few negative notes. You see, the only true sandbox style I have seen is with Bethesda and both Elder scrolls and Fallout. The rest are often scripted to force you in a direction in the main story (for a larger part). Unity does take additional leaps when we consider the quote “I’m all for giving people the option to extend the experience onto mobiles and tablets, or on the web, but those things should offer standalone extra content; locking stuff out of a game you’ve just dropped $60 on is infuriating“, this I felt in the past as well with other games, so seeing it here is not a good thing. I personally think that this is about the data collection side of it all, as they get the information of the player, added with PC and Console information, we become targets in a very real sense. A view I do not treasure.

So as I had decided to let AC Unity slip by (a lack of funds will do that), I feel happy to miss out on the bugs and the glitches. There is one issue in hindsight of this, this is definitely strike two for Ubisoft, I reckon that Far Cry 4 will be their Waterloo in a very real sense. Gamers are more than just a little angry and their end might come harsher then they think. If we consider the quote by Play4Real (at http://www.p4rgaming.com/ubisoft-to-release-eight-assassins-creed-titles-in-2015/) stating “With the release of both Assassin’s Creed Unity for the PS4, Xbox One and PC plus Assassin’s Creed Rogue for the PS3 and Xbox 360 this year, Ubisoft knows that the demand for Assassin’s Creed will never die“, if we believe Ubisoft CEO Yves Guillemot, then they have 8 releases planned from now until 2016. I reckon he needs to revisit quality before even attempting one next one. When we see “but will wait for reviews as AC unity was a bug fest” in regards to Far Cry 4, which was supposed to be the big thing for Ubisoft, we see that gamers are about done with Ubisoft

Watchdogs fell short of expectations (rated 8 out of 10)
Bug fest (we mean Assassins Creed Unity) launched on all major platforms. (7 out of 10)
? (X out of Y)

Strike three might come next week, so we will hold out fairly for Far Cry 4, especially as number 3 was a decently good game.

This is the first true indication of the sliding levels of quality in gaming. As developers (likely more precise would be marketing and shareholders) are pushing deadlines, we see a lowering standard of gaming. The approach, ‘we’ll patch it on day one’ is more and more the standard, whilst this tends to lower the joyous gaming we all anticipated, it also sets a dangerous precedent, because as proper QA is more and more ignored, the overall quality of the game tends to falter too. I do not ignore, that with size comes glitches, yet when we see an overall lack of care, then it is something entirely different and stringing gaming fans along seems almost too criminal. It might be regarded as criminal as people bought a finished game, which is not what this game seems to be, not by a long shot!

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Tagged as Assassins Creed, Assassins Creed 2, Assassins Creed Unity, Electronic Arts, Forbes, IBM, Microsoft, PS4, Sunset Overdrive, the Evil within, Ubisoft, Wordperfect, www.p4rgaming.com, Xbox One, Yves Guillemot

November 14, 2014 · 16:23

Sacking the editor?

That is the question that is currently on my mind. What to do about Martin Ivens, should he be sacked, should he be allowed vindication, should he be prosecuted? You see, it is time that the editors are held responsible for what they do, that they are being held up into the light for what was said, exploited and then forgotten, just so that these people can prostitute events for circulation. What do you think?

Why Martin Ivens? That is of course the question that needs answering. It all started with the news on March 19th when I wrote ‘Any sport implies corruption! In this I looked at the events when the Guardian (one of several papers) reported on allegations against Qatar. As stated before it is about evidence and ‘more likely than not’, I also personally speculated on the chance that it was more likely that several advertisement players wanted change as Qatar was just inconvenient. And let’s face it, the press catering to advertisement dollars is not that far-fetched, if you doubt that, then consider the Sony events from November 2013.

The big issue becomes July 28th when we see the issues explode a little further when even Reuters stated “Britain’s Sunday Times newspaper reported that some of the “millions of documents” it had seen linked payments by former FIFA executive committee member Mohamed Bin Hammam to officials to win backing for Qatar’s World Cup bid“, so here we have it. I think that if Martin Ivens wants to keep his job, he needs to publish these ‘millions of documents‘, if he cannot, or does not, then we should consider prosecuting Martin Ivens for slander and he should be held accountable for serious breaches of journalistic integrity, which should be done by the Independent Press Standards Organisation (IPSO), but in light of what we have seen, they will not be up to the task, unwilling to do anything and in the end, they will become the joke that Hacked-off proclaimed them to be from day one.

Yet, can we attack Martin Ivens like that? Yes, we can! However, Martin Ivens has every right to vindicate himself by publishing the data (millions of records) that they saw. What are the chances that we get just a lame excuse? Time will tell, but as we have looked at the events in the last two years, it is extremely unlikely that anyone will be held to account.

But should it be Martin Ivens? If we see the CNN article that I used in the July article, we see “Sarah Baxter, deputy editor of the Sunday Times, told CNN in an interview. Qatar commits to labour reforms the impact of changing World Cup dates ‘We’ve seen millions of documents that prove without a shadow of doubt that corruption was involved. There is clear evidence linking payments to people who have influence over the decision of who hosted the World Cup’“, in my mind it should be both, but in the end, as Martin Ivens did not go against this, it seems to make him an accessory to the event, guilty by omission. In the end this all might remain academic if IPSO does not act, because a complaint needs to be filed, yet consider how soccer is dragged through the mud here, without the evidence that the Sunday Times claims to have, the scope of events regarding FIFA will change to the larger degree.

This is however not the end, there are additional issues with the investigation as we saw delay upon delay and now the ‘verdict’ also calls issues into question. A more reliable source (at http://www.bbc.com/sport/0/football/30044791), asks some of these question: “But Garcia’s statement, issued less than four hours after the report was published, has reopened the debate about the validity of the bidding process for both the 2018 and 2022 competitions“, a second statement “‘Fifa has no choice but to publish Michael Garcia’s report in full if it expects anyone to believe their claims that there has been no cover-up over allegations of corruption in the World Cup bidding process,’ said British MP Clive Efford, Labour’s Shadow Minister for Sport.”

That part is spot on in my mind, let’s not forget that in my mind, the jobs of both Martin Ivens and Sarah Baxter are on the line as I see it, especially in a time when the bulk of all journalism is regarded by many to have no integrity left.

The final statement that opens the barn is: “In view of the fact Michael Garcia has now stated he is not happy with the findings and is to appeal, I await with interest to see what further disclosures will be made,” said Boyce“, which beckons a few more issues. Why report on something that is not satisfactory? What findings? Which evidence? It seems interesting that the 430 page report is set into a 42 page summary, when we see the Guardian we see the implied event that someone else wrote the summary. Why? Why did both reports not come from Michael Garcia (at http://www.theguardian.com/football/2014/nov/13/farce-fifa-michael-garcia-erroneous-ethics-report), why do we see the following quote “Garcia’s dramatic intervention came just hours after Eckert had confirmed the Guardian’s revelation that Russia and Qatar would be cleared of substantive wrongdoing and would not be stripped of the tournaments despite a whirlwind of speculation“, so are some people now spinning in regards to possible advertisers missing out on big business dollars for media? Because, as I see it, the issues remains, was all this about inconvenience or actual corruption, and if the second, why does the summary not bear out the full report if corruption has been proven? Yet overall there are valid questions too, when I see the quote “Russian bid executives claimed that all their emails were wiped from their rented computers. Alexei Sorokin, who runs Russia’s 2018 organising committee, denied a deliberate cover-up“, I do wonder how such incompetence is even allowed in such a prestigious environment. Where were the back-ups? Would the achievement of success not warrant back-ups for a job well done and these documents would have been kept as evidence that a job was well done? Would these documents not show the value of Alexei Sorokin to his government?

So even as the guilt is not proven, the ‘claim‘ of ‘millions of documents‘ still requires scrutiny, because if this is not adhered to, we are confronted with more than one level of corruption, possible corruption of ethics by the press, possible corruption of standards by FIFA and possible corruption from bidders unproven due to incompetence.

I hope that the true investigators will speak out on evidence, for the simple consequence of inaction could be the beginning of a wave of mistrust into sports. The one place where acts of corruption could have a long term effect, who wants to watch a sport series, where a foundation of trust can no longer be relied upon, if that happens what would we end up watching?

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Tagged as Alexei Sorokin, British MP, Clive Efford, CNN, FIFA, Hacked off, IPSO, Journalism, Martin Ivens, Michael Garcia, Qatar, Russia, Sarah Baxter, Shadow Minister for Sport, Sunday Times, the Guardian

November 6, 2014 · 21:30

In all fairness

I feel that, at times, there is a duty to speak out for the other side. Not because I like it, or because it is essential, but because it is right to do so. Now, let me be clear, I have spoken out against Rupert Murdoch and his phone issues for some time, yet when I saw this article in regards to page 3 (at http://www.theguardian.com/media/2014/nov/05/sun-page-3-advert-banned-sexist), I felt it was essential to stand up in favour of page 3. So what is the big deal? I remember seeing page 3 when I was young, innocent and thought that page 3 offered newsworthy information. You find me any boy between 15-18 who thinks that it was not news worthy, then there is a 1% chance he is gay, which is fair enough and 99% chance that this boy is lying (just to coin an option).

That is pretty much the gest of it, but what is in play? The issue is not with the page 3 girl immediately, but with the text behind it “Promotion offered subscribers who recruited 10 or more players to their fantasy football league the chance to win a date with a Page 3 girl“. Is that not great?

No, it is stated “More than 1,000 complaints were received by the advertising regulator about the email promotion“, how lame is that, which I admit is my view of it.

Consider “10 lucky readers can win the ultimate Valentine’s Date with Hawkins herself“, it was a chance to win a date with Miss Universe Jennifer Hawkins. So how many letters were sent there? There was an equal complaint of zero to win a date with Brad Pitt through some gossip girls column, whilst he was already married to Angelina Jolie. Then there is the option to Win a date with FHM cover star Georgia Salpa! The list goes on, Ed Sheeran, Cody Simpson, Melanie Iglesias, none of these drew the complaints, but the Page 3 girl did. This is of course the additional weirdness, it was not Mellisa Clarke, Lucy Collett or Lacey Banghard (all former page 3 girls), but the term ‘page 3 girl‘, the label that grew the Sun, that is the part that seems to be under attack. Lucy Colette is now regarded by FHM magazine to be one of its 100 Sexiest Women in the World, so no sexism there? Some of these models have been active for PETA, some have backed a major breast cancer awareness campaign for Breakthrough Breast Cancer, and this list goes on. There is no denying that most men watch page 3 to stare at ‘the twins’, yet these women, many of them used this platform to launch awareness and activities on social levels that have lasted for years.

So, can we all agree that these are either these 1000 complaints come from men who are either jealous or moms who consider their 18 year old on a date with a page 3 girl too offensive? I know that neither is likely the case, but in my view this complaint was hypocrite at best and if we want to have a go at Rupert Murdoch then that is just fine with me, but choose something that should be attacked (like phone hacking). Not some date with a woman, likely to be in a place where she will remain all dressed (many restaurants in London tend to frown on their topless clientele, even when those clients are male).

This is the crux, page 3 is a gimmick it is advertisement, one that has been there for decades. On one side from the newspaper to the topic of sex sells and on the side of the model, to get perhaps a chance to get into modelling, to make some money, whilst they know that a photo, is merely a photo, and these women might sunbath topless and that will not bring them money and still they are likely to get photographed. There is nothing apprehensible about this. The woman does not have to pose and this extra option for a woman, perhaps a model to go out on a nice date with a guy and all is paid for from the credit card of Rupert Murdoch, possibly in a location neither could afford is just an extra bonus. Now let’s look at the other side, were these women truly demeaned, or are they strong independent women setting themselves up for another round of them marketing themselves. You see, these women are basically doing the same thing Brad Pitt and Jennifer Hawkins were doing, just because these two are making millions, no one is complaining. How hypocrite can people get?

This all takes another turn as the Advertising Standards Agency upholds the entire issue. The wordplay, which is what we are used seeing from the Murdoch machine is the same as ever, half-baked innuendo, but no added fire. The text of the ASA that “the offer of a date was sexist, demeaning, offensive and objectified women“, means that they must now ban ANY date option from so many magazines. I wonder how Rupert Murdoch will strike back, because he will in some way. So why is this, a big deal? Well, it isn’t a big deal, but it does show an amount of double standards, which I personally find offensive.

You see, there is another side to all this, as we see some actions which I consider to be lame and counterproductive, because they also defuse the actual need for action as we see the aggravated harassment of Caroline Criado-Perez, as she was able to get Jane Austen on a 10 pound note, that was important, to fight for the safety of Anita Sarkeesian as she is threatened for her right to freedom of speech, this is a massive issue. Yet the issue of some people winning a date with a woman who posed topless by her own free will is just a little too stretched. What makes a date with one of these models more objectifying then a date with former Miss Universe? It does not and I think that the women are not objectified, which makes me wonder who the 1000 complaints were from.

Let’s take one final look at the one part the ASA had upheld: ““In the context of the ad, we considered that to offer a date with a woman as a reward for success in the game was demeaning to women and objectified those offered as prizes.”“, is that so? I am not debating whether it is or it is not, but how come we see no persecution (or is it prosecution) for FHM and other magazines offering the main prize to be a date, simply because no complaints were filed?

It seems to me that the Advertising Standards Authority (ASA) has its work cut out for them, if we consider the 2010 ‘Cosmopolitan Win A Date with Bryann F and Fabio Ide‘, and if we consider the ASA advertising codes on consistency, then quoting the ASA “Consistency is a principle of good regulation; it helps to create clarity which leads to good practice amongst businesses. Something that is good both for industry and consumers. It also helps us to do our job better and concentrate our focus on where it is most needed. That’s why we strive to ensure that the advertising standards set by CAP and the rulings reached by the ASA have proper regard to consistency“, under that guise it will be up to them to ‘outlaw‘ any magazine to offer a date as a prize, I just wonder how the Justin Bieber fans will react when their possible dream date is off the table, not to mention all the other people who allow themselves to be the date for fattening the wallets of good causes and charities, I think that this entire page 3 issue was overexposed and many others might not like the consequence of the result.

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Tagged as Advertising Standards Authority, Anita Sarkeesian, ASA, Bryann F, Caroline Criado-Perez, Cody Simpson, Ed Sheeran, Fabio Ide, Jane Austen, Jennifer Hawkins, Justin Bieber, Lucy Collett or Lacey Banghard, Melanie Iglesias, Mellisa Clarke, Page 3, PETA, Rupert Murdoch, the Guardian, the Sun

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