Category Archives: Law

June 29, 2025 · 05:22

Honestly, I have a question

It doesn’t happen that often, but the Middle East Eye left me with a question this morning. The headline ‘UAE ambassador’s firm linked to Bangladesh airports data deal’ was nothing strange. These things happen and if it helps Bangladesh, why worry? It was the setting of “Top diplomat’s business links to Emirati-backed project to upgrade passenger information systems prompt conflict of interest concerns”, it was the setting of “prompt conflict of interest concerns” made me wonder why there were conflicts of interests? Perhaps I am seeing the role of Ambassador incorrectly, perhaps I am simply thrown for a loop (I get an abundance of data every 24 hours), so it might be me. Yet when I see “An Emirati state-owned business appointed to set up a new passenger information system at Bangladeshi airports sub-contracted part of the project to a company co-owned by the UAE’s own ambassador to the country. Documents seen by Middle East Eye appear to raise questions about whether the arrangement delivers value for money for the Bangladeshi government or travelers facing higher prices as a consequence of inflated costs linked to the new system.” The first question that comes to mind is “Does the press get to see it all?” I reckon that perhaps the Bangladeshi media sees more (or perhaps a lot more) and as such, is there even an issue? You see, the term “value for money” tends to have ramifications, like how was this amount arrived at? Then we do get the goods in “Iftekhar Zaman, the executive director of Transparency International Bangladesh, called for an investigation into the deal, which he said appeared to amount to “a clear case of conflict of interests and an abuse of power”. Zaman told MEE: “As a public servant, an ambassador cannot be involved in any business activity without specific approval of the government.” OK, I can get along with this. The two settings that Iftekhar Zaman gives us are “an ambassador cannot be involved in any business activity without specific approval of the government” and “an abuse of power”. So first the abuse of power. The question becomes does any foreign ambassador have the ability to abuse power in any foreign country? I would state that this ambassador paints a rather nasty large target on his or her own back. An ambassador (as I see it) promotes his own country and offers stronger ties with that country (as an ambassador paints the picture why its own country is the best option). That is how I see it. As I personally see it, the ambassador is merely a pass through option for any Emirate business and as I am personally considering, the only stated ‘abuse’ would be to the business that Iftekhar Zaman prefers. As such that is the second setting. The first setting of “an ambassador cannot be involved in any business activity without specific approval of the government” this is a larger issue. In the first it is his involvement with the company he owns 34% of. As I see it the only issue is that other Emirati corporations might optionally be taken off the table. This is not on Bangladesh, but this might be on the table in the UAE (if this situation exists) and how many contenders were there for that position? American firms need to ‘scold’ their ambassador for letting this opportunity slip by as do the British, French and German corporations. So how many contenders were there? Aside from this setting was the Bangladeshi government involved? Did it need to be involved? If this is a logistic setting for a private airport, the government might not even be involved. All questions that the Middle East Eye had to lay out in this article. As for the “They also raise questions about a potential conflict of interest on the part of the UAE’s ambassador in Bangladesh, Abdulla Ali Alhmoudi, who has promoted closer ties between the aviation sectors in the two countries.” As such the job of an Ambassador is to promote its countries options and considerations that his (or her) nation has. As such Abdulla Ali Alhmoudi seems to be doing his job, that he owns 34% of that company is merely icing on the cake. And as the airport is concerned he brought a yummy cake to the attention of the airport. As such a “an investigation into the deal” seems one, but I ask you. Shouldn’t the executive director of Transparency International Bangladesh be involved? That is if this setting had to be on his desk to decide on. The fact that the airport hadn’t ‘involved’ him might require an answer, yet if the answer is that this was not his responsibility, is this case not merely a setting that gets limelight, the limelight that Iftekhar Zaman wants more spotlight? I am asking this as MEE didn’t give you “Iftekhar Zaman, the executive director of Transparency International Bangladesh, the organisation that is responsible for all information system at Bangladeshi airports” and MEE didn’t give anything on the vetting process, or who else was involved. I see a lot of questions and not much answers. And wouldn’t it be fun if the honorable Abdulla Ali Alhmoudi makes a claim for damages because of this article? There is no issue on freedom of the press. The article missed a few balls and ignored other balls and that has consequences in a lot of settings. You see, the setting of “The new passenger information system is being implemented in order to bring Bangladeshi airports in line with international standards requiring the collection of Advance Passenger Information (API) and Passenger Name Record (PNR) data.” The question is what was the competition? I don’t know but airports all have systems and several are national based, some have IBM systems and others have other systems. So what was the pool of contenders? Then we get “Alhmoudi was serving as the UAE’s charge d’affaires in Dhaka – the second-highest diplomatic post in the country – raising questions about whether he was already using his position to advance business interests.” Ehh, small question. Isn’t that his job as Ambassador? The setting of “advance business interests” should be seen as “advance Emirati business interests” and that is seemingly what he is doing. The only setting that could evolve is the setting that he didn’t advance business interests of OTHER Emirati corporations to promote the setting of Emirates Technology Solutions (Etek) based in Fujairah, a company that is Emirati state-owned. As such it seems like he was doing his job. As such there are questions but they would be pointed at MEE and optionally Iftekhar Zaman. Then we do get some other players, but there are also issues, but as I see it MEE is off the hook (as the expression goes) and we are left with “A CAAB official, speaking on condition of anonymity, told the newspaper that the aviation authority planned to implement SITA through a company charging a “comparatively higher cost” than the ICAO recommendation of $3.50 per passenger, and raised concerns that the additional burden would fall on passengers, namely Bangladeshi labourers working abroad.” And there we have the setting “A CAAB official, speaking on condition of anonymity” yes, I have seen that setting before (in other   cases) and that tends to be someone who wants fame, or wants to promotes a third person, or that person wants to be seen as ‘in the know’, which gives us all matters of issues. There is another setting. You see “comparatively higher cost” is a loaded case. You see, when we have this setting we have two issues, the initial cost let’s say a initial million setting and a pass through cost. So if corporation one charges $125,000,000 and $4 per passenger and corporation two charges $15,000,000 and $5.50 per passenger the setting goes to how many passengers pass through this setting (these are fictive numbers) only if the airport has more than 110,000,000 passengers it becomes an actual issue, and that is a whole truckload of passengers. Then there are the service fees and maintenance costs of an IT system and we see none of that here. 

As such, why are these facts missing? Did the anonymous person not have this data? As such my question to MEE is” ‘Where are these missing facts?’ And that is the question I am confronted with. 

So do with this what you want and have a great day, my Sunday breakfast is now a mere 215 minutes away.

Leave a comment

Filed under Finance, Law, Media, Tourism

Tagged as , , , , , , , , , , , , , , , , ,

June 24, 2025 · 19:51

Stupid people

Yup, that is what we are surrounded with. So lets get to it showing WHY I think that the bulk of these people are stupid. Because there needs to be a reason, doesn’t there?

So before I start with the article, let us get a little refreshment. I have taken a stand as early as 2014, and this article I wrote on October 13th 2017 called ‘Strike a match’ (at https://lawlordtobe.com/2017/10/13/strike-a-match/) gives us: 

“So, when was the last time that a corporate CEO got time with a national ruler to discuss national taxation? Because that is exactly what Tim Cook CEO of Apple seems to have been doing in France. With one source giving us “So, when Tim Cook meets with French President Macron, the matter of taxes could make for an icy situation between the two men. Macron has said he wants to promote France as a place for tech companies to set up shop, but he has also been critical about the role internet companies, in particular, play in society. Macron has been pretty vocal lately about how France and other E.U. countries should close up the loopholes that Apple and other tech companies have been able to use to move their earnings around to more tax-friendly countries, such as Ireland and Luxembourg“, is it a first indication that the French economy is in a much worse shape than expected? The fact that Tim Cook is visiting Élysée Palace not because President Emmanuel Macron is buying his wife the new iMac Pro (an assumption from my side). I am not thinking the worst of the French president, but the issue is questionable, especially as Apple is about to open a massive site in the Battersea Power Station, so as Apple (as I personally see it) is trying to spend the money twice, once by spending it in London and the second time by getting tax deduction for the amount just spend in London so he can get a second building for free in Paris.”

This doesn’t make you stupid, but the larger setting that we see in the newspapers and in this case ABC News who (at https://www.abc.net.au/news/2025-06-23/jeffrey-bezos-lavish-wedding-in-venice-why-people-are-protesting/105445512) gives us ‘Jeff Bezos is getting married in Venice. Here’s why people are protesting the wedding’ where we see that “One group has plastered banners on the Italian city’s famous Rialto bridge reading “No space for Bezos!”” I think it is utterly BS that anyone would disrupts another man’s wedding (the wife’s anyway), We might take the setting of that is in their hearts, which is “Activists are protesting billionaire Jeff Bezos’s wedding in Venice with calls for a global billionaire tax.” That is what makes them utterly stupid and the amount of stupid people are not to be underestimated. You see the media is fueling that and they go about it like “You need to have your say” even though it will never matter as that is what they are about. Appeasing the shareholders and stakeholders who are AGAINST fair taxation and taxing these billionaires is just not fair. You see, governments (America, EU and Commonwealth) are all about the ‘best’ deal and taxing that is against the need of these long time politicians. So they give you a ‘tax the rich’ stage which would never work and I have been saying this for the better part of a decade and now it is too late the shouting increases and that is where things go from bad to worse. Because the media is not properly enforcing you, keeping these shouters stupid. Because the media relies on these corporations for advertising and when they pay taxation, there is not enough money for advertising. 

People like Jef Bezos, Sergey Brin and Lawrence Ellison are billionaires as they implement tax laws to the letter. And that setting is where it is at. Governments have need to overhaul taxation for decades, basically sing President Clinton was in office and he left office in 2001. Even then the overhaul was essential. As such for over 15 years to stakeholders have benefited from the setting and as such the corporations too. Did no one ever considered that the dice were stacked against you when Microsoft and Apple became (multi) trillion dollar companies? 

We need the media to push for tax overhaul and they won’t because a shouting and cursing mass of people bring in more digital dollars and the flames is what they live off and as such you will never be correctly informed. And it is not merely America, it is a near global setting that hits the Commonwealth, The nations in the EU and Europe as well. And the lager fear is that if one does it, their business walks to another country and that is the setting that Ireland has used to it advantage. Unless there is proper taxation nothing will change and all of us will end up with nothing. As an example I give to you Netflix, who paid just $868,000 in tax in Australia in 2021, so as their profit went up by 49% from the previous year, their tax bill went up from from $554,000 to $868,000. Even though they have millions of subscriptions in Australia. We merely get “Australian Netflix users are billed by the company’s Netherlands-based entity. A Netflix spokesperson said: “We have filed our financial statements as required.””

The issue is the tax bill that governments allow for. Consider that Australian subscriber are ‘collected’ by a Dutch company on the other side of the freaking planet. So take a sip of air considering that the governments set out this tax avoidance setting (avoidance is not illegal, evasion is) and that is a setting that is done all over the planet. As such the BS of tax the rich needs to stop. These shouters need to put the limelight on the lawmakers. They needed to do this for well over a decade. 

As such pushing someone’s wedding in the nasty hatred lights is totally unacceptable. If Mr. Bezos can afford to give his new bride the dreamiest of all weddings and the mayor of Venice approves this, then why not? I would never consider this, but I never had access to 220 billion and even if I had this is not how I would spend it, but that is me. Born a miser and never rose above the wealth of a church mouse. I am in the same sloop that some others are and I know better then to shout at a meaningless futile cause. And the weird part is that when it all goes south, these people will still be shouting at the wealthy, all whilst the politicians have filled their pockets and have considered moving to a tax zero nation, living it up until the bulk of the people are dead 15 years later. For them it will be a problem solved setting.

So, consider who you need to look at. Not the wealthy, but the lawmakers who appeased the corporations and the people who got rich from them.

Time for me to consider a new weapon system. With Israel and Iran striking blows, there will be a small time gap when people will consider my stealth system to keep Iranian harbours empty and I think I can create more IP to give their armies a hard time too. I need to put my thinking cap on.

Have a great day.

Leave a comment

Filed under Finance, Law, Media, Politics

Tagged as , , , , , , , , , , , , , , , , , , , , , , , ,

May 14, 2025 · 13:04

The price of stupidity

That is at the foundation of the severe conditioned setting of what can now laughingly called American stupidity. CBC reported yesterday ‘Conferences relocating to Canada over harsh new U.S. border measures’ (at https://www.cbc.ca/player/play/video/9.6758054) with the underlying text “As Canadian travel to the U.S. continues to drop, CBC News has found several professional conferences relocated to Canada to avoid harsh new U.S. border security measures. One sociologist describes being grilled by U.S. customs officers who searched his phone and wallet.” As such not only is there grilling (and no grilled sandwich), but searching the phone and wallet? I wonder what deeds custom officers have to copy this all to third and fourth party intelligence gathering settings. I get that a passport needs to be checked (read: validated), but a phone? I might agree that a wallet could be seen as reasonable. But consider this. Tourism already is down and now conferences are the new goal? Consider that the CES has over 100,000 attendees and the SEMA show over 150,000 attendees. Then there are the defence shows and IT shows. How many events will it take for these show runners to go to Vancouver, Toronto, or Ottawa? Is this the price of stupidity? How many millions will America lose in 2026? How long until the larger players will offer their shows in Abu Dhabi where the tourism spike is going on. How long until only gamblers will visit Las Vegas? Nevada have poured serious cash into Las Vegas and now that it is regarded as hostile terrain, what will they lose? There is little interest to move to London or Paris (too touristy saturated), but Dubai and Abu Dhabi have options. Soon so will Monte Carlo and now there is already space in Toronto among the 14 locations are Metro Toronto Convention Centre and Sheraton Centre Toronto Hotel. Ottawa has the Ottawa Convention Centre and a few others. Basically should you consider the Mississauga location (Oracle) for a place to show the CES, America will have close to two dozen locations for people no longer interested in America violating their privacy and as the Canadian places (optionally the UAE too) show bang for their bucks. Plenty of organizers will relocate their shows. 

And there is data. CBC reported in late April that ‘Nearly 900,000 fewer people went to the U.S. in March as cross-border travel plummets’ so what damage will Florida with their Universal and Disney parks endure? Especially as their is a great alternative in Abu Dhabi. As such there is a larger case we see when we consider the Oracle CloudWorld. It was in Las Vegas, September 9–12, 2024. As such Oracle now has a larger case to present their 2025 show in Mississauga or even in Dubai (if the clientele is enticing enough). Dubai has a whole highway of entertainment structures. There is the option of renting a boat for their guests and make a presentation on the Alexandra Dhow Cruise in Dubai Marina. A setting that reeks of elegance and fine foods. America is no longer the place to be, their U.S. customs protocols made sure of that. And I only mention two locations. And after the Guardian reported last week that ‘Stockholm rejects ‘bizarre’ US letter urging city to scrap diversity initiatives’, I reckon that Stockholm would be willing to cater to American shows that now seek entertainment elsewhere. Don’t let the location fool you. Stockholm is magical and it has an amazing cuisine all over town. I reckon that soon enough the high chefs in America will seek their fortune elsewhere. So how much longer will America cater to the stupid minded? I reckon this might be the last year and anyone thinking they will be safe is likely to unknowingly handing their IP to U.S. customs (they might be in denial, as these costume officers will claim that it is protocol). So how long until that damage becomes completely non-reversible?

I will let you decide. And as I see it, Iceland, Germany, the Netherlands, Belgium, and France might have similar issues down the line. So how many tourists and conference dwellers will miss America out of from now on until December 2026? Oh and before I forget Saudi Arabia is about to set new settings in at least 3 locations, so there are these locations to consider too. 

So, good luck with the excuse of protocol and watch what the price of stupidity is about to cost America, as one source gives me “The index now sits just above the historical low of 50 in June 2022. Current Economic Conditions registered at 56.5, compared to 63.8 in March. The Index of Consumer Expectations was at 47.2, compared to 52.6 in March.” So economic expectations is at least 5 points down in about 2 months. So what more losses can we see? Canada looks forward to having a great year in catering to conferences and tourists. As is the UAE. But America is doing great (apparently), as Reuters gives us “Approval of Trump’s economic stewardship rose to 39% from 36%. Trump began his term with a 47% approval rating, and saw his popularity tick” as such how many more shocks to the system can America survive? As I personally see it: retail, tourism, and business have been hit and will be hit a few times more this year, so by the time high summer hits places like Venice beach and other tourist location will suffer the lack of tourist. But not to fret, you can find them in Canada and a few other places.

And as the larger places expand Mississauga and add a European location or one in the UAE, we will see a larger exodus to these safer places and that is a trend that is set to continue until deep into 2027, because conference are usually planned up to two years in advance. Oracle might be the most visible one but I reckon they are not alone. All these players (like Snowflake and Palantir) have customers very worried about their IP and they will press for change a lot louder than I am.

So have a great day and if you want to have fun, pass US customs with a box of 5.25” floppies and see the question marks on their eyes as they are uncertain how to proceed. 

Leave a comment

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

Tagged as , , , , , , , , , , , , , , , , , , , , , , , , , , ,

May 10, 2025 · 07:23

From B to A

That is how this feels. After the ICJ drops the case against the UAE, which I discussed in ‘Accused United Arabs’ (at https://lawlordtobe.com/2025/05/07/accused-united-arabs/)

we get Aljazeera giving us (at https://aje.io/yppdhg) ‘UAE denies supplying Sudan paramilitaries with Chinese arms’ where the byline is “UAE says it “strongly rejects” accusations of arming Sudan’s paramilitary forces”. I for one am a little surprised. Is this news? Aren’t journalists supposed to be intelligent? We are also given “Salem Aljaberi, the UAE’s assistant minister for security and military affairs, said on social media on Friday that the allegations, contained in an Amnesty International report released the previous day, are “baseless” and “lack substantiated evidence”.” With the additional “Amnesty said on Thursday that it had verified footage showing RSF fighters using Chinese GB50A guided bombs and 155mm AH-4 howitzers during attacks in Khartoum and Darfur. According to the rights group, the UAE was the only known buyer of the howitzers from China, citing data from the Stockholm International Peace Research Institute.” The UN has become more of a joke then most others as they are playing (as I personally see it) some political game, the same can be said for their hilarious essay’s against Saudi Arabia. And in this I wonder about the “lack of substantiated evidence”, what evidence does the UN give the world? How was the footage verified? Who what parties and why doesn’t AlJazeera show the footage? Same can be said for the 155mm howitzers. What evidence is there that the UAE send them? And as such the quote giving us “Sudan’s Defence Minister Yassin Ibrahim on Tuesday accused the UAE of violating the country’s sovereignty by backing the RSF, and the military government announced it would cut diplomatic relations.” What evidence has Defence Minister Ibrahim given the world that the UAE was behind this. I feel comfortable asking that question as the ICJ threw out the case with a 14-2 vote. So is the Sudan now in the market of staking Aljazeera for market research purposes so that the media can be the ‘match’ that lights the track of awareness for the Sudan. We get recognition by Aljazeera, followed by recall through the lager media, which gives us top of mind through people who have read the articles and preference of the accused party by all. And how were these weapons shipped (I got to this question a little early, but this will make sense shortly.

You see, the second article I saw in that hour was ‘Amnesty Says UAE Supplying Sudan Paramilitaries With Chinese Weapons’ (at https://thedefensepost.com/2025/05/09/amnesty-uae-sudan-rsf-weapons/), a piece even more debatable then the Aljazeera piece. They did give us “Amnesty said its research was based on weapons used by the RSF in operations in the western region Darfur and during its loss of the capital Khartoum in March.” So how is the origin of these weapons tracked? 

Perhaps some of these weapons still had the Abu Dhabi mall Toys-R-Us sticker, with the discount barcode so that the armies in the Sudan could afford them? I’m not sure, so I thought I’d ask.

As such the laughable UN also sticks his fingers in here as we are given ““Sophisticated Chinese weaponry, re-exported by the United Arab Emirates, has been captured in Khartoum, as well as used in Darfur in a blatant breach of the existing UN arms embargo,” Amnesty said.” Please tell me what corroborating evidence is there? I am not dismissing these statements if there is evidence. What makes it the setting of the UAE? I asked the same question 3 days ago. What makes this a responsibility of the UAE? What proves that the UAE was active here, and not some idle quick rich wannabe Emirati citizen? The UAE has an estimate 116,500 millionaires. What evidence sets at least one of these in the limelight, what evidence makes the UAE the guilty party? None of any evidence I ever saw gives us that. The evidence the world has seen is bitterly little. As I see it UN chief Antonio Guterres is making more and more a fool of himself which lads to more countries now considering abandoning the UN charter. If only clear evidence was presented to the world at large. Even a nice picture of the Chinese goods found in Sudan would have helped, but all I saw were soldiers with Kalashnikovs (a Russian invention). 

The entire farce I have seen over the last three days completely lacks evidence. There is no documented money trail, there is not shipment trail and there is no physical evidence presented. That is a simple three way tier that is missing and Aljazeera takes itself serious with this?

It is easy for me to go from B to A, as the events have taken place and in that time responsible parties should have been ahead of me by some lengths. Even the Defence post shown from yesterday is lacking making the issue larger and more of a joke than a serious case of accusation. I for one agree with Salem Aljaberi, this is totally lacking substantiated evidence. I personally wonder what the editor of Aljazeera was doing, polishing his nails? Hoping for digital dollars? Your guess is as good as mine and consider that I saw the gaps in less then 30 minutes on these two articles, how long will it take you to see that this is about something else. 

Have a great day, for me it is a simple 90 minutes until breakfast.

Leave a comment

Filed under Finance, Law, Media, Military, Politics

Tagged as , , , , , , , , , , , , , , , , , , ,

May 7, 2025 · 19:27

Accused United Arabs

Well, that is the setting, but at this time, I am looking a bit deeper. You see, I have seen several newscasts regarding Sudan and the UAE and for the most I ignored them. There is so much I can store in my brain and at times I have to set priorities (apart from the fact that the media is largely unreliable), but today I decided to weed through the stories. In this case, lets start at the end.

The Guardian
The Guardian gives us ‘Sudan fails in attempt to make UAE accountable for acts of genocide’ (at https://www.theguardian.com/law/2025/may/05/sudan-fails-in-attempt-to-make-uae-accountable-for-acts-of-genocide) as such, this is on the accuser. They were unable to set the bar of making the UAE accountable for the alleged setting. Whilst the Guardian also gives us “An attempt by Sudan’s government to make the United Arab Emirates legally accountable for acts of genocide in West Darfur has been rejected by the international court of justice after the judges voted by 14 to 2 to declare they had no jurisdiction. By a narrower majority the judges voted 9 to 7 to strike the case entirely from the ICJ list.” And the setting of 14 against 2 is almost ridiculous. There is always a descending judge in these cases and in this case it is two. A such we can bring to the table that Sudan had close to nothing and the majority ruled to strike the case from the ICJ list, as such Sudan loses two to nothing. When we see the allegation “There have been repeated allegations during the two-year civil war in Sudan that the UAE has been flying arms to the paramilitary Rapid Support Forces (RSF) in an attempt to oust the Sudanese Armed Forces (SAF) led by Abdel Fattah al-Burhan.” And Here we see the lovely setting of transit weaponry. The first part is that there is a lack of evidence where the weapons came from, in the second setting, if we accept that weapons came through the UAE (not unimaginable) where is the evidence that they were from the UAE? Transit weapons happen, they happen all over the world (even through Rotterdam) but when the evidence lacks to where the original shipment came from the Sudan has little or no case. So the term “in an attempt to oust the Sudanese Armed Forces (SAF) led by Abdel Fattah al-Burhan” goes nowhere and that is also on Sudan. So how many transit shipments have they arranged for themselves? I actually do not know, but if the UAE can even get one piece of evidence to that, Sudan loses (yet again). 

BBC
Two days ago, the BBC gave us ‘Top UN court rejects Sudan’s bid to sue UAE for genocide’ (at https://www.bbc.com/news/articles/cze176ryw54o) with the text “The UAE categorically denied the accusations, branding the case “political theatre” and “a cynical publicity stunt”.

The International Court of Justice in The Hague ruled that the case could not proceed because the UAE had opted out Article 9 of the Genocide Convention, which means that it cannot be sued by other states over genocide allegations.” It doesn’t sound overwhelming. But the BBC gave us useful info. With “Sudan case had claimed that the UAE’s alleged military, financial and logistical backing of the RSF – including weapons shipments and mercenary recruitment – enabled systematic attacks against non-Arab communities, particularly the Masalit, in Darfur.” So as I see it where is the evidence? The media gives us little (read: nothing) especially the financial and logistical backing require evidence. Were they entered into evidence? So, why didn’t the media give us anything? It is after the case, so they could have come with evidence at this point. I have seen nothing. And as the BBC gives us “Both the Sudanese army and the RSF have been accused of committing atrocities, including ethnically targeted killings, obstruction of humanitarian relief and looting.” I merely see a case of the pot calling the kettle massively less white. And the BBC gives us one additional gem “Sudan’s case at the ICJ was unusual because it targeted an alleged sponsor of atrocities, not the direct perpetrators.” As I see it, the Sudanese army wants money from the UAE and they go about it this way and it is alleged, there is as far as I saw it no proof of it. Even if it is transit undertaken by one of the around 116,500 millionaires in the UAE who might have seen the Sudan as a nice additional piggy bank to become even richer, the lack of evidence does not make it go anywhere. For that matter, is weapon transit even illegal in the UAE? 

As such it is time to see one of the ‘many’ images. I have questions. This image gives us two clean soldiers, like it is their first day in uniform, even the buttons look clean. I remember war settings. My uniform never looked this clear and I was never on any front. Very very clean grenade tops with labels and all. Oh, that reminds me, where are those granites from? What was there origin? Any missile tends to have a number (for batch quality assurances), as such this weapons might not be focal point of the case, but weapons are key and they have serial numbers. As such the origin of the weapon might be traced. So was it someone from the UAE, or perhaps a sneaky Russian finding a more profitable market? All questions and no answers. But that is the setting. As I see it, for the most of the materials I have seen and the utter lack of evidence that the media never gave us, the UAE is clearly innocent. And I personally believe that a person (or organization) is innocent until PROVEN guilty.

A simple setting that the law tends to adhere to, even as some UN essay writers tend to ignore that simple fact, going all the way back to 2018. Karma does tend to suck.

Oh, and if the world (read: media) has actual and factual evidence I will look at this again. There is always the chance that I am wrong, but at present with the lack of evidence that is how I see it.

Have a peaceful great day.

1 Comment

Filed under Finance, Law, Media, Military, Politics

Tagged as , , , , , , , , , , , , , , ,

May 6, 2025 · 02:05

Repeating the same mistake

That happens, it happens to me too. As I’m decently convinced of something I will repeat that thought. Actually it might be the wrong idea, but you get the point. As such I saw over the last 24 hours several articles. 

The first is given to us by Time, (at https://time.com/7282450/trump-annex-canada-economy-recession-upholding-the-constitution/) we are given ‘Trump Speaks Out on His Desire to Annex Canada, Recession Concerns, and If He Has to Uphold the Constitution’ In this article we get “The first 100 days of President Donald Trump’s second term in the White House have been dominated by talks of Executive Orders, tariffs, foreign relations and economic stability in light of the trade war sparked by the tariffs, comments about annexing Canada, the possibility of seeking a third term, and much more.” Followed by “Canada’s Prime Minister Mark Carney, whose Liberal Party won the Canadian election on April 28, has—much like his predecessor Justin Trudeau—made it clear that Canada has no intention of taking Trump up on his offer. “It will never happen,” he said. In this latest interview, Trump said he had congratulated Carney on his election win, but doubled down on his desire to make Canada the 51st state, saying he will “always talk about that.” Trump repeated his previous sentiments, referring once more to Canada’s former Prime Minister as “Governor Trudeau.””. As I see it, the southern folks might as well call these southerners “The United States of Canada” soon enough (my reason follow far below). His reasoning is ““If Canada was a state it wouldn’t cost us. It would be great. It would be such a great—it would be a cherished state. And, if you look at our map, if you look at the geography, I’m a real estate guy at heart. When I look down at that without that artificial line that was drawn with a ruler many years ago… You don’t even realize. What a beautiful country it would be,” he said. “Again, remember this, we don’t need their cars, we don’t need their lumber, we don’t need their energy. We don’t need anything. We do very little business with Canada. They do all of their business practically with us. They need us. We don’t need them.”” As I see it, the first deception, more to follow in the near future and that deception is given through “They need us. We don’t need them”. Then we get to the Guardian (at https://www.theguardian.com/us-news/2025/may/04/trump-greenland-denmark-military-force) where we are given ‘Trump says he ‘doesn’t rule out’ using military force to control Greenland’, so what kind of a yahoo dictator reverts to force to attack its allies? And these two have been given the stage that their resources are up for grabs and America needs them. The same for Canada. A setting that is concerning as this is the likely first setting that they need us (Greenland and Canada) a lot more than they need him. So as again deception rules, we are left with “Donald Trump would not rule out using military force to gain control of Greenland, the world’s largest island and an autonomous territory within Denmark, a fellow Nato member with the US.” America never needed it for the longest of time, but America is on the outer limits of bankrupt and it needs their resources to survive. So as such the ‘promise’ of “It would be great. It would be such a great—it would be a cherished state” is like a crack whore begging for anything to get that ‘cherished’ high. That is how I see it. The biting effect of 36 trillion debt, for America at 4.5% it comes down to 1.62 trillion dollars (aka 1,620,000,000,000) EVERY YEAR and that is how it bites. During fiscal year 2024, the IRS collected more than $5.1 trillion in tax revenue, that implies that 31.76% is lost of that revenue is lost on interest alone and it gets worse, because (as the US Treasury gives us) “Compared to the national deficit of $1.06 trillion for the same period last year (Oct 2023 – Mar 2024), our national deficit has increased by $242 billion.” And the funny part was that on the occasion of World Animal day 2021 I gave “In 2013 the US debt was $17,000,000,000,000 (17 trillion), and over 8 years 8 trillion was added, a nice $8,000,000,000,000. This implies that the US government overspends a trillion a year with no exit strategy on how to cope with the debt and it is on both Republicans and Democrats.” I saw this moment come to mind over three years ago and over this time, of three years, the debt doubled. So how is that for foresight? I did so (at https://lawlordtobe.com/2021/10/04/utter-insanity/) in the blog article ‘Utter Insanity’ I saw that clearly ahead of it all and due to American politicians sitting on their hand it is now too late and I made notice of this before 2021 as well. Reuters might give us a Met Gala and how things are bolder, but it still needs people with incomes to afford it all and that is about to end and President Trump doesn’t want to be the president having to inform the people that it is about to end, as such we will get The United States of Canada with (at this time) Prime minister of the Americas to become the biggest president the world has ever seen. As such I opt that he will unite several states as one with in the east called the Cockcoeske collective (honouring the Rappahannock Tribe of the 1600’s) named after the first female chief following her father Chief Captain Chawanta Nelson) this would unite the states of Virginia and all the states to the North of that. I know it is a little mean but America was stupid and mean to elect Donald Trump as such, so they don’t get a choice in the matter. And it makes sense, to elect this, they will need the upheaval and as such one third of the boards of any new states in America will consist of Native Americans and in the settings that America is out of funds, other measures will have to be taken, with a damper on spending, military spending is a first and most remaining spending will go on infrastructures and soup kitchens because as I see it, when the defaults start pretty much all retirement funds go belly up. Wanna doubt me? That is fair, but show me a non-violent and non invasive solution. I bet you can’t do that. I voiced the overhaul of the American tax system for the better part of a decade and now it is too late. Time is up and not one politician stated that it needed to be done. 

As a third article we get USA Today (at https://www.usatoday.com/story/news/world/2025/05/04/donald-trump-canada-greenland-military-force/83447719007/) giving us ‘Trump says ‘highly unlikely’ US uses military force to annex Canada’ where the tone is set by “In an interview with NBC’s “Meet the Press”, President Donald Trump said he still wants to make Canada the 51st U.S. state and does not envision the United States using military force to seize the neighboring country. During the interview, which aired on May 4, Trump said he’s still interested in annexing Canada but does not label it in the same category as Greenland, a Danish territory Trump has repeatedly suggested the U.S. could one day be compelled to acquire.” As such the tables are turned, America will not annex Canada, America will be given to Canada, to safe it from dangerous politicians and the people of America give it to Canada to deliver it from destitution and the people utterly out of funds. If only they had listened to me as I voice it a little over a decade ago. Redesign your tax system. It was never about taxing the rich, it was about redesigning the tax system they had, as it was never working on the design it had. You want to blame Apple (the first to become a trillion dollar company) and that never made sense with all the trillions of debt that America had and it took a mere abacus to work that out, not an non-existent AI supercomputer.

And now, as time is up for America (as I personally see it) we see the more violent side of America (annexing nations resources) and that solution is already too late to safe America, it might merely delay this setting a few more years and in the meantime, it will mine the hell out of Canada and Greenland, destroying these environments and to that I say ‘Hell no!’, because we need to step up for the environment and also because Canada is a Commonwealth brother and Greenland is part of our ally Denmark.

So have a great day and try to salvage your goods, because American time is, as I personally see it, done for.

Leave a comment

Filed under Finance, Law, Media, Politics

Tagged as , , , , , , , , , , , , , , , , , , , ,

May 4, 2025 · 03:24

The nature of things

It was about to weeks ago that I wrote ‘Regarding that joke’ (at https://lawlordtobe.com/2025/04/19/regarding-that-joke/). In that article I wrote “A setting we all saw coming (even though the media seems to ignore this and merely keeps on shouting tax the rich) and the interested parties who are supposed to keep the people informed are merely shouting that Haley Joel Osment was intoxicated instead of working on the news, the media is pretty much on the discarded bundle of wannabe news”, as well as “As one source told me (and others) “China could theoretically weaponise the US Treasury holdings – by dumping it – meaning that it would sell off treasury holdings for less than they are worth. By doing so, China would then, because of the amount it owns, devalue the US dollar” so what happens when the dollar gets devaluated to this degree?” That was two weeks ago. In the meantime “Trump had demanded of Prime Minister Shigeru Ishiba that Japan eliminate its $70 billion trade surplus with the US. He claimed it would be easy. He repeated the demand during April 16 negotiations in DC. In response to all this, Japan tried to placate Trump, refused to cooperate with other nations suffering similar abuse, and asked for special exemptions for Japan at the expense of others. In fact, one of the reasons Trump chose Japan for the first round of trade talks was his belief that Tokyo would cave within a few weeks, thereby inducing others to do likewise.” (Source: several). Yesterday I thought I saw water burn (which is pretty freaky to say the least). Axios (merely one source) gives us ‘Japanese finance minister says selling U.S. bonds a “card on the table”’ with the yowza response “Japanese Finance Minister Katsunobu Kato said Friday that the country’s $1.13 trillion in Treasury holdings were a “card on the table” in trade talks, The Associated Press reported.” Talking about the tiger that feeds himself with your hand, and the added text becomes “Japan is one of the five largest U.S. trading partners, as well as a rock-solid ally in the region, so there was some surprise when the U.S. hit the country with a 24% reciprocal tariff in early April.” And now Japan puts the US bonds they have on the table and with more than one trillion in hand they could flood the market and push the dollar straight over the edge. If that happens no run on the bank will save people and America cannot come up with that much money to feed the hungry vultures, as such America now has a massive problem and it is not China pushing the cart, it is Japan itself who will not go gently into that good night. So on one hand we see “As U.S. Treasuries sold off last month and yields spiked, there was speculation foreign governments might be dumping bonds”, as well as “J.P. Morgan Private Bank, in a research note last week, said there were signs of foreign selling pressure, but from private holders, as opposed to governments “weaponizing” their holdings” which is fun as my blog article preceded the two by one week, so its not merely a sign of the day time reference, the planet moved 89,292 kilometers in the time that lapsed between me writing the blog and J.P. Morgan Private Bank coming to that same conclusion (it’s actually nice to use NASA metrics to make a case). All that and AP News giving us (at https://apnews.com/article/japan-treasurys-trump-tariffs-44b9b37bf7a290701201322f69bade2e) yesterday ““It does exist as a card, but I think whether we choose to use it or not would be a separate decision,” Kato said during a news show on national broadcaster TV Tokyo. Kato did not elaborate and he did not say Japan would step up sales of its holdings of U.S. government bonds as part of its talks over President Donald Trump’s tariffs on exports from Japan.”” The words from Finance Minister Katsunobu Kato to live by I say and when you combine this with the article I wrote two days ago (at https://lawlordtobe.com/2025/05/02/saudi-arabia-goes-hiragana/) ‘Saudi Arabia goes Hiragana’ where we see that Japan basically has a way out to prevents its economy to become scuttled as well. As such the noose around its economical neck is diverted to a working solution. As I see it, America now gets that additional noose around its neck to double the efforts of the economy strangling itself (what a security measure). 

As the grand vizier of Agrabah (in Aladdin) states “The idea has merit”, get economical advice from a Disney character? Oh, kill me now (I is havening to be laughing out loud at present) or as Monty Python states: ‘Howls of deriving laughter’ are mine and the tears are falling over my cheeks. I haven’t laughed this hard since my fathers funeral.

So this must be the most original way that a politician ever shoot its own foot

Americans might not be laughing as this is actually is devastatingly serious. The (as some call it) bully tactics are now starting to bite back and the bigwigs in Wall Street will be seriously moving assets with an additional passports to zero tax nations, perhaps one that also doesn’t have an extradition treaty with America. So if any of those get plane tickets out of America (people like Jerome Powell or Alan Greenspan), you get the idea. When people take that move, the setting is all over for America, there will be no more moves to make. And these people have been ‘diversifying’ their income for decades. They moved small amounts around the planet and they could survive on their millions and they might vacate their consultancy firm from Davos in the Desert to Davos, Switzerland (a mere example). So they were ready from the get go and with this situation they might have larger consultancy jobs in several nations (including Switzerland, Monaco and the UAE). So these people will just vacate Idiotville as some call it (that place between Canada and Mexico) as quick as their Beechcraft Premier can carry them. No lines, no waiting.

So, will Japan do this? I reckon it will depend on who controls President Trump, because as I see it, the man is basically a loose canon at present and with that level of knee jerks the financial world is pretty hesitant and frightened on what he might do next. That’s is basically what I personally see.

A setting that is a lot less nice than my weird personal dream I had on Friday involving a mall, a coffeeshop and me meeting Matt Damon and Ridley Scott (seeking a replacement voice for someone with a perfect Dutch accent), the weird snoozes and snores I tend to have.

The nature off things that we embrace, some will walk the path away from bully tactics, some are on the market for having financial independence and some are about getting out of the line of fire (or a location about to get carpet bombed). Whatever we do, we look out for number one (ourselves) and optionally (read: preferably)with improved comfort levels. What that is tends to differ from person to person and in the words of the great man Tony Curtis (Operation Petticoat) “In confusion, there is profit” a very acceptable stage for a lot of people with a calculating nature. 

So have a great day and enjoy your coffee today (I had mine with a cookie this morning).

1 Comment

Filed under Finance, Law, Media, Politics

Tagged as , , , , , , , , , , , , , , , , , , , , , , , , , ,

April 30, 2025 · 04:03

Omitted resources

That is the exercise of this morning. As Reuters treats us to a story (at https://www.reuters.com/business/energy/uaes-adnoc-supply-us-lpg-india-following-china-us-tariffs-sources-say-2025-04-29/) giving the reader ‘UAE’S ADNOC to supply US LPG to India following China-US tariffs, sources say’ A setting I saw coming a mile away. As we are given “The move will enable ADNOC to ship more of its own LPG to China, where buyers are paying higher premiums to replace U.S. supply after Beijing imposed steep tariffs on U.S. goods, and reduce LPG costs for India, the world’s No. 2 importer”, so I saw this and the high payed economists in America did not? In my story ‘War of trades’ (at https://lawlordtobe.com/2025/02/01/war-of-trades/) I gave on February 1st (almost 3 months ago) “We set the same to India who exports oil to the United States. Set that to Europe (to a much larger degree) and all its Commonwealth allies and America suddenly gets a much larger problem. Well they can import it from Venezuela and Russia I reckon. So, how is that going now President Trump?” This setting was oil and it was from India, so now we see that the UAE is replacing America with India as a new destination. So for America it is no longer about revenue, it becomes a lack of resources as the UAE is now shipping more of its own LPG to China (via India). It is the cumbersome situation involving tariffs. It almost seem like a new puzzle game, not unlike mixed currency deals on the internet. And now (as I see it it) America is losing more than one side in this. So as we read “ADNOC, through its trading units, has agreed to supply some U.S. LPG cargoes to India refiners under the annual contracts from June-July, said sources” as I see it, America is losing tariff revenue that ay and this is merely one step towards a new setting where America is replaced as a resource, and this also means that the political and diplomatic powers of America is dwindling down. In this way the UAE is gaining power both political and diplomatic as India is reassessing what allies they have and who no longer seems to be an ally. In this tariffs will get cumbersome on more ways then one. Soon America is losing additional revenue streams, because this setting is merely a first step. When China sets up new stages with Europe and the Middle East America can go bobbing for apples all they like, but it seems that the apples are being replaced and that sounds a lot like the old premise of murder. Segregation, Separation and Assassination. The stage that we see was made by America, they merely didn’t consider that it could be used against them and as I see it, both China and Russia like the new setting immensely. As I wrote lately that the interest on debt is costing the annual tax revenue to be 15% less, so the belt was already being tightened and now the revenue streams are missing the point they needed to make and another 10% will diminish. So how long until the American economy can no longer afford it? We can believe what Irwin Stelzer (The Times) told us that America’s economy is good. But as CNBC gave us yesterday ‘Empty shelves, trucking layoffs lead to a summer recession in Apollo’s shocking trade fight timeline’, then we also got a few hours ago ‘Port Of Los Angeles Warns ‘Difficult Decisions’ Ahead As Shipments From China Cease’ (source: Investor’s Business Daily) and 17 minutes ago CNBC gives us ‘Pfizer CEO says tariff uncertainty is deterring further U.S. investment in manufacturing, R&D’ as such, how much more bad news do we need to see before people in media start considering that the economy of America has gone topsy turvy?

And in the meantime as the Commonwealth is strengthening their walls the group of five might soon have one less member (yes, it is America). As such the new costings for the CIA will drastically alter and as the NSA is equally losing access to international intelligence the stage becomes how much money is America willing to pay for less reliable data? 

As such we get a new stage of omitted resources. America is losing revenue in several settings and the outcome of that is not really visible, but it will cost a bundle. A lot more than the tariffs are bringing in. In addition to that they pissed of the largest ally they had for decades and as such are losing more ‘friends’ as they are equally hurt and these ‘friends’ are willing to row it alone without the two dinghies called CIA and NSA. As such more power, revenue and friends are lost. But feel free to think it is all honky dory. And that changes when oil will g missing, so will America keep on selling their own oil, or is that a new revenue stream that will become largely lost soon enough.

You know, I am hesitant to blame President Trump for this setting. The question becomes who pushed this agenda? Are these elected officials blind, or will we see soon see articles with titles like ‘He bullied us and we were afraid’, I have no idea. Just floating an idea here. And when we have added these facts as well as add the fact that the The Arab Weekly gave us yesterday ‘Trump further strains Egypt ties by calling for US ships to cross Suez canal ‘free of charge’’ the story (at https://thearabweekly.com/trump-further-strains-egypt-ties-calling-us-ships-cross-suez-canal-free-charge) gives us ““American Ships, both Military and Commercial, should be allowed to travel, free of charge, through the Panama and Suez Canals!, ” Trump said in a post on Truth Social.” Its was the only source I saw, so keep that in mind. And the response in the same article was “Egyptian MP Mustafa Bakri criticised the remarks, describing them an “attempt at blackmail.”” Do you still believe that America isn’t close to default on all their loans? I wonder who will survive that 36 trillion bad bank setting. 

So, you all have a possible great day and relax if there is still coffee on the shelves. And don’t forget the former governor of the Bank of England works for the Commonwealth, well, actually he works for Canada, not America. Ciao!

Leave a comment

Filed under Finance, Law, Media, Politics

Tagged as , , , , , , , , , , , , , , , , , , , , , , ,

April 29, 2025 · 02:53

What is humor?

That is the question that we might get. CBC gives us (at https://www.cbc.ca/news/politics/donald-trump-election-canada-truth-social-1.7520212) the headline ‘Trump implies Canadians vote for him on election day, Poilievre tells president to butt out’ so as we see that even the honorable PP has had enough of President Trump. And the quote reads ““President Trump, stay out of our election. The only people who will decide the future of Canada are Canadians at the ballot box,” Poilievre posted on social media.” I would state that if it was humor that President Trump was after, we would have gotten the Guardian to give us ‘Conclave to elect new pope to start on 7 May, Vatican says’ with an added “The 135 Roman Catholic cardinals eligible to vote will meet at Sistine Chapel to decide church’s next leader, Donald Trump is now electable as pope” It would have been a gasser for 23% of the American population, optionally all the other christians too. But THAT didn’t happen. He chose his imaginary 51st state friends to seek hour with and that was not in the cards. So is my view on it all that America is about to default? With Canada as part of this, he might postpone the setting for about 2 more years and after that he will blame the loss of income by these stealing Chinese and Europeans. That might be the premise if he didn’t just blew up the Canadians and the Commonwealth at large with them. Because the Commonwealth as the larger national interest is not happy. Looking at President Trump, at present, we see someone like a nagging little toddler angry at the world because he cannot have his toy, which he never had and his mommy won’t buy him one because it belongs to the neighbour. That is what I see and I am pretty intelligent. The world is catching up with the setting I am seeing and now it takes actual journalists (more clever than me) to see into the dark abyss that is the actual American economy. Will they? The media is such an incestual lot, depending on the voices of shareholders, stake holders and their pool of advertisers and their incessant need for digital dollars. Whatever is left is for the readers. So how much unfiltered and unreplaced news will get to the readers? I ask you, because there is a chance that I can no longer tell.

So when we get “Trump went on in his post to repeat his argument that Canada joining the U.S. would be advantageous to the country, along with the false claim that the United States subsidizes Canada with “hundreds of billions of dollars a year.”” So as such, why would Canada even want this? He could just cut these so called hundreds of billions a year and pay his interest bill. So, is he just a deranged toddler crying over what he can’t have? I ask you, as the setting is shown to us, or does he want to give the voice to Pierre Poilievre so that he looks like more of a real Canadian? Because as it stands in this day and age there is only one choice for Canadians and it is Mark Carney and now HIS Liberal party of Canada. The is what President Trump fears, he being out of options, having to declare the Bankrupt States of America absolutely broke. It is, as I see it the news that President Putin and President Xi are waiting on. These two nations have the economists and the math skills to see that America is a sinking ship at present. A ship so rotten to the core that if beached it might make a decent island of opportunity and as I personally see it, the moment is no longer far away. It is about to happen and the settings we see now are an indication of this.

America did this to themselves. They proclaim to be the place of opportunity, but this opportunity is largely fake and only meant for those with the cash on hand, because a defaulted America doesn’t have retirement plans, it has no logistics in place to help the weak or sick. All that has been squandered by the Wall Street moguls and they pushed forward the economic wealth for the next best thing (at present it is AI) and when this too fail the ones who walked out in wealth took their money to the Bahama’s, Lichtenstein, Monaco or the UAE, that is where they will remain until 2070 when the dust settles with little or no survivors. The 150,000,000 outraged Americans will make sure of that and the little who had something and couldn’t escape will be the unwilling target of outrage. Those who knew got out fast. So at that point will President Trump and family be paraded to the audience in Lefortovo Prison in Moscow, or Beijing State Security Bureau Detention Center? You can guess, I do not know. I reckon that the zero tax nations might not want Trump in their midst as he would be seen as a cancer on their way of life and with a possible default, China or Russia might become his only option. He might try to buy a golden UAE visa, but I do not know if he has the billions required, he might make that claim but the nation giving him and his family these visas might want a deposit on hand and that is the claim he might not be able to do. America is about to get that dangerous a place. And even Pierre Poilievre might see that setting at present. 

So how right or wrong am I?

It is a fair question. My view comes from watching certain matters with the eyes of a hawk. It might be wrong, but the media gave the snippets of reality through the filtered information and in this I see the papers of half a dozen nations and they all respond to different stake holders and as such some information reached me and I filtered that information to seemingly data. Seemingly because the filtering was personal (and optionally wrong), but what choice did I have? Accept the journalist data that was filtered? That person would have been drinking brand X (the other gatorade). So I came to this conclusion and it is what you make of it, reset it, accept it or question it. It is all fair, but I didn’t post that we should vote for Trump, I didn’t start the tariff war that is costing America billions and I can go on from that, but you get the idea. 

Perhaps President Trump could keep his fingers still (off the keyboard) and his mouth shut? The is the premise that is starting this all. Make of this what you want. I am stating up front (actually now) that this is largely speculative. If there is a reliable journalist and a reliable economist you might get a better picture. So Canadians enjoy your Bundaberg Rum (Australia), Broken Shed Vodka (New Zealand), Bombay Sapphire Gin (United Kingdom) or Crown Royal Black Whiskey (Canada) and enjoy the outcome of the election with a new Prime Minister (hopefully Mark Carney), you’ve earned it.

Have a great day all, it is time for me to get some sleep (it’s 02:40) now.

Leave a comment

Filed under Finance, Law, Media, Politics

Tagged as , , , , , , , , , , , , , , , , , , , , , , ,

April 28, 2025 · 12:09

Is it reality?

That is the question I am faced with as I saw the article at CBC which I cannot continue as CBC screwed up its site giving us advertisements every inch of the article, as such Brodie Fenlon clean up your freaking site, and fire the idiot responsible for this. Yet the BBC came to the rescue and gives us (at https://www.bbc.com/news/articles/cx2v37z333lo) ‘Trump deep sea mining order violates law, China says’ in earnest, that article is three days old and I preferred the CBC article as it shows a little more clearly how desperate America has become for funds. I reckon that the interest on 36 trillion of debt is gnawing on the bones of America, more prevalent that gnawing has gone beyond the bones as it is starting on the bowels of America. The BBC article gives us “Donald Trump has signed a controversial executive order aimed at stepping up deep-sea mining within US and in international waters. The move to allow exploration outside its national waters has been met by condemnation from China which said it “violates” international law.” I tend to agree with China, but merely as it allows a setting where the desperate poor countries who cannot counter America and these nations are left with baubles. A setting they learned from the slave traders around 1768. You have to hand it to trump. He is giving the old scriptures a chance to prove themselves. The issue I partially have a problem with is “The administration estimates that deep-sea mining could boost the country’s GDP by $300bn (£225bn) over 10 years and create 100,000 jobs”, in the first there is no clear setting for the $300,000,000,000 revenue. If they ‘mine’ in a few wrong sports, the price if mining and the revenue of staff will cost them an easy $50,000,000,000 which implies a lost revenue base of 16%, the second part is that these jobs are mostly given to people they just evicted. Only the higher levels will get a nice dime, the rest will be done by Americans who didn’t want the job anyway and that breeds errors and often mistakes. A non-committed employee screws up the daily routine a lot more than you are happy with and that will be dozens of people. The part that I never gave the right attention is seen in ““The harm caused by deep-sea mining isn’t restricted to the ocean floor: it will impact the entire water column, top to bottom, and everyone and everything relying on it,” he added in a statement released on Friday.” The he in that quote is Jeff Watters of Ocean Conservancy, a US-based environmental group. The fact that Jeff merely got one quote implies that he has a whole lot more to say and I wonder if we will ever see that part of the equation. The larger setting is that America is now ready to start bullying its way through international waters. So what will they call those who want to intervene on their waters (or too close to it), will they suddenly be branded pirates? A larger setting that America has lost the plot and I warned for this a decade ago. Deal with your debt unless it deals with you and that seemingly seems to be happening now. It also opens a new setting. These little nations will now be ready to side with China, which is another headache for America. And that setting will give China (as a protector or these nations) an options to scuttle these miners. So $300 billion largely lost and American lives lost (at present no one cares about those). Now we get the added cost of these mining platforms and as such America gets into deeper waters. 

So the end of the BBC article gives us “A recent paper published by the Natural History Museum and the National Oceanography Centre looked at the long term impacts of deep sea mining from a test carried out in the 1970s. It concluded that some sediment-dwelling creatures were able to recolonise the site and recover from the test, but larger animals appeared not to have returned.

The scientists concluded this could have been because there were no more nodules for them to live on. The polymetallic nodules where the minerals are found take millions of years to form and therefore cannot easily be replaced.” As such we have a (non proven) stage for the desperation of Americans. This was shown half a century ago. And the fact that America is willing to ignore “larger animals appeared not to have returned” as well as “polymetallic nodules where the minerals are found take millions of years to form and therefore cannot easily be replaced”. As I personally see it, to ignore these two facts implies that America doesn’t care (or cares less) about marine life and that it will act like a carrion eater in regards to the ocean floor and take now what needs millions of years to form whispers (to me) that America is decently beyond broke and it falls to President Trump to default the larger part of 36 trillion of debt. I’m pretty sure that I made mention of that chance in the past and as I am likely proven right yet again, the question becomes why didn’t economics signal clear levels of dangers? The news now, as the Times writer (and American economist) Irwin Stelzer gives us that the economy of America is in rather good shape. So is it really? Please give us the goods on how America is doing well? It might be that the America Economy is seemingly hanging tough, but they lost billions of revenue all over the field from retail to defense contracts. They might be in denial, bit as I see it only two years ago we would never have seen ‘Italian defence and aerospace giant Leonardo has signed a new Memorandum of Understanding (MoU) with the Kingdom of Saudi Arabia’ a mere three months old. So how much did America lose here? I cannot set the valuer of that contract, but the quote “multiple areas of collaboration to include space industry, airframe MRO (Maintenance, Repair and Overhaul), localisation of electronic warfare systems and radars and assembly of helicopters, a focus on Combat Air and Cross-Domain Integration fields, industrialisation processes and human capital development, national supply chain in the Kingdom of Saudi Arabia and the country’s role for Leonardo in the region as well as the global value chain.” (Source: www.leonardo.com) leaves me to believe that it is a serious amount of money, now add the new European slices and with the tariffs the loss of America is now on a threshold to fuel a larger recession than ever speculated on before, the larger players (read: Bloomberg) set this chance at the moment at 40%, as America scuttled their own retail houses (like Walmart) of cheaper goods, they need to continue without the goods, you might think it is nothing, yet 1% of the American population works there, now take out the thousands of shoppers (read: immigrants) and that 2025 revenue of US$680.99 billion will topple by at least 10%, 30% if they are not careful and what remains of that Net revenue of US$19.436 billion? You see, they either fire a whole lot of them or lose close to 40% of their business. These are personally considered numbers, so I might be wrong here to the amount of loss, but not the intention of loss and this is merely Walmart. There are several other chains facing this setting. So how good is that shape of the economy? 

I wrote a few years ago that we need to see where all these bonds are, no serious journalist ever looked into that matter it was the time around the collapse of Silicon Valley Bank in 2023. I wondered how the could have happened and it was a much bigger thing. The acquisition of Credit Suisse by UBS gave me pause to ponder, I figured that several banks had over swallowed on bonds which left them not dissolvent, but left their funds largely frozen as such I speculated that Credit Suisse and SVB had too many bonds and at that time the loss of value of these bonds were crippling them. At present no one really looked at this, even to debunk my train of thought and now we also see some are selling their debt of the US. The BBC touched on that on April 10th (at https://www.bbc.com/news/articles/c5yrr0e7499o), so feel free to think I am crazy (always a decent stance to have) but there is ruffling in the economic oceans and the stage that the economic times are decently horrendous is not a bad thing. 

I just thought of something, did America rename the Gulf of Mexico for mining purposes? Now a bad stance, if it not for the tiny fact that the Bermuda Triangle is there too, as such how many mining platforms will operate in that region and what remains a few weeks later is anyones guess. Just me having fun with the situation. 😛

Have a great day and feel free to enjoy a coffee, it leaves you with a warmer feeling than a US bond at present will. 

Leave a comment

Filed under Finance, Law, Media, Politics, Science

Tagged as , , , , , , , , , , , , , , , , , , , ,