Category Archives: Media

August 19, 2023 · 23:50

It started with television

To get the entire mess I will start with a television episode.

The line was “Not that I don’t appreciate the sentiment behind your nightmare scenario” it was linking a conversation between President Bartlett and Dr. Takahashi. The episode was ‘A good Day’ season 6 episode 17. Yes, this part is fiction and some of the mentioned elements were too, but not all and that is the striking part. This episode aired in March 2005. You think that would be the end of it, but you would be wrong. Lets take a look at reality.

The Financial Times gave us ‘Saudi Arabia cuts holdings of US Treasuries to 6-year low’ on august 17th (at https://www.ft.com/content/2925952d-1e20-4748-8fa4-05b3605fc46a). There we are given “Saudi Arabia sold down its holdings of US Treasuries in June to the lowest in more than six years, as the kingdom directs more funds to foreign equity and domestic investments. The kingdom held $108.1bn of Treasury securities in June, down $3.2bn from May and below the $119.7bn it held at the end of last year, according to data from the US Treasury department.” This is merely part one, the second part is seen with ‘China likely to cut more US debt holdings’ (at https://www.chinadaily.com.cn/a/202308/16/WS64dce79ba31035260b81c880.html) this is not the end, this is merely the beginning of what was described in the West Wing as the nightmare scenario. You would think that the EU and Japan would come to the aid of the US, but you would be wrong. Mario Draghi overspend trillions in the past and now the EU credit card is stretched to the max. Japan had in March 2023, a Japanese public debt is estimated to be approximately 9.2 trillion US Dollars, or 263% of GDP. Japan has no place to go and that is the beginning of systems collapsing. The US is in its endgame towards becoming an economic third world nation. 

Yet there is more tom come. We also get (at https://finance.yahoo.com/news/death-entire-financial-monetary-social-180841464.html) ‘‘It’s The Death Of The Entire Financial, Monetary And Social System’: This Market Expert Warns The U.S. Dollar Is Quickly Losing Its Reserve Status.’ I do not know Jing Pan and I do not know whether she is correct, but she gives us one part that struck a nerve. She gives us “In March, the collapse of Silicon Valley Bank grabbed major headlines. After the bank sold its Treasury bond portfolio, it incurred a substantial loss, causing depositors to question its liquidity and leading to a bank run. Amid this market upheaval, Silvergate Bank, First Republic Bank and Signature Bank failed as well. “This banking crisis is not over,” she said. “Maybe they’ve been able to paper over it, and so everybody is calm, and you have consumer confidence going up and all of this other kind of garbage. But it’s built on a house of lies.”” It struck a nerve because I got there through different means. You see when the SVB issues was playing out, we suddenly get a news article with Janet Yellen who is keeping tabs on the situation. Janet Yellen, United States Secretary of the Treasury. Not some governor from California, not someone from the banking industry. No, it was El Jefe from the treasury herself. It was overkill. I had issues and I wrote about them earlier (not sure when). I wondered why the SVB was in that setting and why Yellen personally took notice. I wondered who was holding the US bonds. Because banks had some of the bonds, but no one had a list of how much and no one had a clue (or remained silent) on how much the SVB was holding. 

As such I had an issue, things weren’t adding up. And now the two largest finders of the planet are shedding the US debt. As I see it the US has painted themselves in a corner and things will go ugly soon enough.

This is where the next article comes in. The article (at https://tickernews.co/u-s-credit-card-debt-levels-just-surpassed-1-trillion/), which is not the only source gives us ‘U.S. credit card debt levels just surpassed $1-trillion’, as such 300 million people have a collective debt of over on thousand billion. This amounts to the degree that every American has a debt well over $3,000. So how will this unfold when the dollar drops? Now, I am generalising but the larger stage is now set. Bonds are going nowhere and in 2022 long-dated U.S. notes lost 39.2% in value. So how safe are those bonds now? We know about the inflation and that it is rising, but CNN reports that ‘US banks sitting on unrealised losses of $620 billion’. This came to us in March, as such the SVB issues are rising, are they not? So where are those bonds? Who is reaping the losses on that one and the nightmare scenario that a television series gave to us in 2005 is about to become a very real issue in 2023 and 2024. 

We might have thought 20 years ago that bonds were the safest place to be, but only 20 years later and this is no longer a reality and moreover the allies of the USA are shedding them, or cashing in to reduce the damage from them. This leaves America in a very vulnerable position. As I personally see it, they painted themselves in a corner and the windows on the two adjacent walls are soon out of reach to anyone in that corner. To add to this, the paint is red and massively toxic (as I see it), so no release unless someone can find a little over 20 trillion to help the US, the usual suspects are out of cash and I reckon Russia will not offer help either. Consumers have a total accumulated debt that surpasses a trillion and the bad news keeps on stacking up. All because politicians were playing the ‘screw it’ card. Now that the ledgers are up for grabs the US is sitting in the worst spot it has been in in well over a century and corporate and business America is looking for any way out of the US at present. 

When you see that image and you add the failures of Microsoft a different image comes to mind and it is not a pretty one. So why Microsoft? Because it is part of the Dow Jones Index. It might only be for 4.9% but when that goes south the DJI will see a much larger problem. You see it is not merely Microsoft, it becomes an issue for Goldman Sachs as well and when the dollar collapses. What do you think that places like UnitedHealth Group, Johnson & Johnson, VISA, American Express and Walmart will be left with? When over 150 million will have no money left the consumers pushing the aforementioned companies up will also fade pushing rates and results down. All things that could have been seen will over 2-3 years ago. And there is no blaming the Russian-Ukrainian war, this would have happened no matter what. Optionally it happened sooner, but not much sooner. 

Even if ‘A good day’ was the start, the settings have been in place for years. I believe the media merely looked the other way, because the other view was sexy and optionally offered more digital dollars, another funny money business. 

So am I wrong?
That is the question. I could be and relating articles like I am is to some degree folly, but it was all I had at the time. And if there is an economic person (I am not one) giving us a clear answer why I am wrong, I would accept that, but there are too many issues in the field and there are too many issues out in the open. I wonder if anyone could counter them all. But I will keep my eyes open to see if someone goes that way.

Anyway, have a great day and I am about to start the final day of the weekend.

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August 19, 2023 · 00:41

Our house is burning down. Down!

By now we have all heard of the fires in Canada. There is nothing that I can say, invent or imagine that makes this setting easier. These fires are making the fires of Rome (64AD) and burning of London (1666AD) look like a simple BBQ (or clambake if you are from the US). At this time the fires are well over 13,500,000 Hectare, and it has displaced around 200,000 people. Which is almost 1% of the population. The largest fire in recorded history. I have never ever heard of a fire this big and I have been around for well over half a century. I wonder what the eco-deniers make of this setting, who will they blame? The fact that from all over the world firefighters are coming to Canada to fight a fire too big to comprehend is only one setting. The stage that planes are so loaded that they need to turn away those fleeing the disaster they face. 

People wear protective masks as the Roosevelt Island Tram crosses the East River while haze and smoke from the Canadian wildfires shroud the Manhattan skyline in the Queens Borough New York City, June 7, 2023. REUTERS/Shannon Stapleton

And that is before you realise that NYC is orange, orange from smoke by Canadian fires. An event that has never happened before. So yes, I looked at plenty of issues before I looked at this. I am on the other side of the planet, but I took notice, I took notice several times and now I decided to write about it. 

The setting hasn’t changed, I did. I am starting to realise that that much forest gone will impact our oxygen supply and it will take lose to a decade for a decent amount to be rebuild. We can argue on the timeline. But the forests in the Amazon are depleted, the ones in Indonesia have seen depletion as well Indonesia lost 29.4 Mha of tree cover, equivalent to a 18% decrease in tree cover since 2000. Did you think that was nothing? Now the forests of Siberia are almost all that remain and I reckon that this is not a path we want to walk on. This fire might not be what we wanted, but there is a negative part in me that states that this is the fire we the people (not just Canadians) have been entitled to. A small reminder that exploitation of our world will hurt us all and people more intelligent than me would have been aware of this for several years and the Canadian fires are merely bringing it to the foreground. Some articles are drawing in the people by looking at how it started, some are set on the blame factor, but if you need someone to blame you only need to look into a mirror. Politicians are not held to account, all whilst driving the gravy train. We are being told that places like the UK that woodland creation has increased by 40 percent since last year to 3,128 hectares. It isn’t much, but it is a start, all being it being half a decade late. People like Mark Rober (formerly with NASA) have aided organisations like Team Trees, an organisation that as of 29 June 2023, the project has raised $24,438,806, exceeding the fundraiser’s goal to plant 20 million trees. As anticipated, more than 20 million trees have been planted. So one ex-NASA with an organisation achieved more in 2 years that the UK achieved in a decade and it is people like this that Canada will need, their solutions will be required when the fires are stopped. When? Your guess is as good as mine and it will rely on guessing as we have never faced a fire like this ever before, not in well over 2000 years as far as I can tell. 

So what is the option? I am not sure we have one, our house is burning down and whilst most houses have a garden to evacuate to, the planet has nothing surrounding itself but empty space and that is a place where we cannot survive. I wonder how long it will take some to blame the rich, tax everyone and whatever other solution people give, but the simple equation is that until we change our lives from a consumer based life towards an essential goods stage this will keep on going on. And with a little over 8,000,000,000 consumers in this house, we are destined for a larger failing than we care to admit to. You see it is not merely the fires, it is the simple equation where 34 million acres are not there to give us the oxygen we need to breath. So how short will our oxygen supply be in 2024? You can ignore it all you want but that will be the largest topic we ever faced and it is coming. None of it is the fault of Canada or Canadians. We all did our best to ignore Brazil and Indonesia. The media skated around the issue and now the blame game starts. Well as soon as the fires have been digitally exploited to the maximum. That is how I see it. Do you think I am wrong?

Enjoy the weekend and consider the numbers, the numbers tend to be correct.

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August 17, 2023 · 17:15

Strike Two

This started earlier. It started weeks ago and I was aware, I took notice. Yet, that was about it. I mean no disrespect. I do not live in the US, I am not California and as such I am merely partially aware. I see what most outside of the US see. We see the strike, but yesterday I saw an opinion piece in the LA Times and that woke me up a little more and would you believe it, this morning I got more awake. There was an advertisement on YouTube, it was the Pilot of Lioness and it was one hell of an ad. It was 50 minutes, it was the pilot. Yup Paramount Plus took their balls and hung them up the wall. OK, this is a first that I watch a 50 minute advertisement. Yet, it was not about the ad, not about Lioness but it gave me focus, so lets begin.

The LA Times Story (at https://www.latimes.com/opinion/story/2023-08-15/netflix-antitrust-anticompetitive-labor) gives us ‘Hollywood strikes prove Netflix and other streamers have grown too powerful. Time to break them up’ here we are given “Many have called the stalemate an existential crisis because it concerns new issues such as residuals from streaming services and rules for the use of artificial intelligence. These go beyond the usual labor issues such as wages and benefits and cut to the heart of an industry in which streamers such as Netflix can dominate all aspects of the business.” It is one side that I had not seen before. ‘Entertainment’ has become an end-to-end business over ALL verticals. I had not considered that merely because I am not part of this industry, I never was. Yet here we are given “Antitrust laws need to be invoked — as they were in the 1940s in U.S. vs. Paramount — to break up streaming services that both produce content and distribute it. This vertical integration has deeply changed the longstanding entertainment industry ecosystem, which allowed employees to survive and studios to prosper.” Which gets us to “In 1948, the Supreme Court ruled against the studios, requiring them to divest themselves of their movie theatres if they wanted to continue in the production business. Shortly thereafter, theatrical films began to be aired on television with no additional compensation for creative talent. This led to the strike by both the Writers Guild of America and the Screen Actors Guild in 1960, the last time the two struck simultaneously.”

With finally “If Netflix and its streaming peers like Apple+, Amazon Prime, Disney+ and Max can maintain their vertical control, it will be next to impossible to settle the Hollywood strikes in ways that could preserve the ability of creators and technicians to earn a decent living and protect creative diversity. The old vertical studio system was broken up by the Justice Department. It may be time to do the same with these 21st century behemoths.” And that was the wake up call I needed. The Paramount ‘advertisement’ was apt and consider that Lioness is new stellar series. Kidman, Saldana and several others are making a bundle. They earned it, their work is first rate, as is the director and the director of photography. They all did a stellar job, but it would not have been possible without the writer, without the writer there would be no script, nothing for the director to work from. So how much is he making? 

We see the accusations that the top person, which in the case of Disney is Bob Iger, in 2022 he made well over $14,000,000. This amounts to well over a million a month. Now lets take a look at the image below.

So a series that streamed over 3,000,000,000 minutes, making it one of the most profitable and most successful series even, the writers were collectively paid $3,000. Please explain to me in what universe 3 billion streamed minutes gives us a combined pay check of $3,000? You see those three billion minutes amount to 138,121.5 years. Does it make sense now? The writers are beyond underpaid. They are the legal slaves of America and they deserve their right coin. But American history is seeded with injustice and exploitation and to be honest until the LA Times piece I did not see it, so who else was unaware? We are given snapshots, yet until you see the entire vertical of exploitation it makes little sense and now with that streaming vertical exposed you can see just how unfair it is and one series, the series suits, showed us just how much the writers are fed up with being ignored what should be rightfully theirs.

Enjoy the day.

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August 16, 2023 · 18:03

Evolution is not merely the person

The setting started a few days ago, yet the new stage we are shown is merely hours old. Even as it seemingly started on August 12th with ‘Tapping an economy’ (at https://lawlordtobe.com/2023/08/12/tapping-an-economy/) the stage is getting redefined, almost as we speak. This is seen with ‘Saudi Arabia and UAE race to buy Nvidia chips to power AI ambitions’ (at https://www.afr.com/world/middle-east/saudi-arabia-and-uae-race-to-buy-nvidia-chips-to-power-ai-ambitions-20230815-p5dws6). I believe personally it is merely one of two sides. You see, we are given “Saudi Arabia and the United Arab Emirates are buying up thousands of the high-performance Nvidia chips crucial for building artificial intelligence software, joining a global AI arms race that is squeezing the supply of Silicon Valley’s hottest commodity.” But it is merely one side and this side is putting pressure on the US, it’s companies are running out of funs and their credit cards are reaching limits. These two players have the cash to run circles around dozens of nations and that is not the only place they are in an advantage. I will not go back to my IP (no mater how valid it is). The larger station is that these two players will need data centres and that is where EVROC (as discussed in the earlier article 4 days ago) has the ability to set up national data centres, a stage that takes American companies out of the loop. I am not anti-American, I am anti-stupid and the catering that data centres have given the US companies all whilst places like Cambridge Analytics opened up to is now starting to show. There is the added setting that nationally speaking these two players prefer to be set in, the stage is not merely based on national needs. I personally believe that they have a ‘non-American’ involvement mindset. And I reckon that evidence will be proven when EVROC is allowed these two new data centres as well. It puts the USA in a massively decreasing setting. Another (non-related) stage is added to this. Only a few hours ago Yahoo Finance (merely one source) is giving us (at https://finance.yahoo.com/news/dollar-being-dethroned-india-just-201500390.html) ‘India just bought 1M barrels of oil from the UAE using rupees instead of USD for the first time’, we can chalk this up to a whole set of reasons and if someone states that this will be the pro-forma setting of BRICS, I will not be able to support or oppose it. There is not enough data accessible to me. The larger stage is set that the US is being ignored for too man settings and that is merely in the last week. I do not care how many Pizza al Fungi’s Janet Yellen has consumed, or how magical that dinner was. The stage is that the US has become trivialised and a lot of it is by their own doing. So whilst some are staging to trivialise that India is not using the US dollar. The reality is that only 3 years ago that option would be ludicrous and here we see it play out. So is BRICS becoming more powerful, it the US becoming weaker and just how much gains will Saudi Arabia and the United Arab Emirates make in this year alone? EVROC is still a Swedish conundrum, but there are too many voices out there that are too anti-American voiced (which is not anti-stupid, my personal setting). I know I am seeing my own prophecies come to reality, but not in a way I envisioned. It could be that I never had the proper glasses to see it all, or it is because new elements are coming to bear and that second part is the larger stage I am now worried about. Not because of what the KSA and UAE are doing, but because of the US and its Trump and Karen setting, it is highly likely that it will drag the EU and Japan down with them. These latter two made the wrong calls a few times and now that the endgame (of the US) is starting to show, the back paddle actions of the EU (optionally towards China) might not be enough. I have no idea how this will play out for the Commonwealth. The stage of Canada with wildfires and 90% of the NWT being a goner looks more like a scene from ‘How it ends’ (2018) than reality, no matter how surreal both are. As such this stage will impact the rest of the Commonwealth. The UK is close to broke, and with Canada in the state it is in, the Commonwealth needs to find a safe place and footing and the US is less likely to be that place at present. It needs to find a solitary road to link to nations and that is the hard part. I have no idea what the safe route is, but I do feel certain that the US is no longer that part. I feel that finding a way to connect to the Middle East is presently safer than a link to China, but in reality I am speculating on what the safer route is. 

The setting we see now (the Nvidia AI chip) where we were given (at https://www.crn.com.au/news/ai-chips-could-save-future-data-centres-money-nvidia-599254)“Nvidia chief executive Jensen Huang has a mantra that he has uttered enough times that it almost became a joke during his SIGGRAPH 2023 keynote last week: “the more you buy, the more you save.”” Yet the setting is not merely ‘the more you save’ it is about to become who owns them and those who cannot afford them and now the KSA and UAE will have additional power positions. So consider “AI chips can save companies significant money on costs compared to traditional CPUs for what he views as the future: data centres, fuelled by demand for generative AI capabilities, relying on large language models (LLMs) to answer user queries and generate content for a wide range of applications” and a place like EVROC could set up two data centres all whilst these two nations provide the AI chips required, now we get an entirely new play and it will give these two nations the power to set a stage that excludes the US or their tech-firms. A stage none of them ever had before, as such do you still think I am boasting or creating non-sense? Too many sources had the elements available and the larger media ignored the puzzle pieces. So, is my puzzle correct? Not necessarily, but the pieces fit the image we have all seen before. This does not make the image correct, but it makes it decently likely and the more BS the American media spouts the less reliable it should be seen. This does not make China or the Middle East more reliable, but in the setting I currently see it makes the Middle East (KSA and UAE) a lot safer than the US has been the last few years and that counts, because that reinforces the image that Nvidia and EVROC are giving us, with optional speculations from yours truly (aka moi).

Your guess is as good as mine as to what comes next, but the larger fighting ring (a square setting) is about to show us who the contenders are and the amount of underdogs they face. Because no matter how much BS an underdogs brings to the table, in the ring it is what you can achieve and as I personally see it, the US, EU and Japan are starting to become the largest underdogs this century, which could be a stage pushed in by evolution.

Have fun today.

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August 15, 2023 · 19:04

When the marketshare is murder

That is the setting and at first I would not really believe it. It sounded correct, but to be honest. I did not think that a place like Microsoft would intentionally target victims, but then there was a second source, the Guardian no less and that’s hen the disgust set in.

You see we know advertisements, we know advertisers, but for a system like Xandr to intentionally target people with gambling problems is a new low, even for Microsoft. This is what the article (at https://www.theguardian.com/australia-news/2023/aug/15/tab-gamblers-betting-australia-targeted-microsoft-xandr-advertising-database) gives us. The article heads the accusation with ‘‘Heavy TAB gamblers’ among groups targeted by online advertising database’, there we are told “The dataset of 650,000 international “audience segments” was discovered on the website of Microsoft’s advertising technology platform Xandr by Wolfie Christl, a privacy researcher at Cracked Labs. It listed dozens of data providers looking to offer advertisers the ability to reach certain types of people online”, so not only does the law seem unable to deal with drug pushers, now they are enabling a place like Microsoft to hit the internet by ‘gamble pushing’ victims of this event. As such we get “Of the more than 40 categories identified as related to Australian gamblers, the majority were split into subsets related to gambling interest, sport interest or a particular venue: “Gambling at Pub / Club”, “Spring Carnival Punters” and “Online Gaming – NRL”, for example”. I think it gives a new meaning to the slogan “Long may we play”, perhaps it should be “long may we exploit the gamer”, even though gamer is a stretch, the fact that I have seen scores of these advertising on on Apple, my thought might not be too far away from the reality that people face. Then we go into the unknown with “Everything from our location to our purchase history are data points that can be packaged and used to serve advertising, often through the creation of profiles based on assumptions about our demographics or potential interests. But we know remarkably little about how the ecosystem works.” So not only were we served all kinds of BS against Facebook and Google Ads. These same BS servers have no idea what Microsoft with its Xandr is up to? How is that for slow minded investigations? 

Even the excuse was ‘outdated’ and moronic. What we get is “Microsoft said in a statement to Guardian Australia that the document was inadvertently published on its website and was outdated. The spokesperson said Xandr’s data privacy practices were regularly evaluated “to ensure compliance with applicable data protection laws”.” The words inadvertently and outdated are stop words into nothing. The fact that this data existed was wrong to begin with, they were going after a marketshare, the desperate (as I see Microsoft) are so hungry for revenue that they are willing to look the other way in too many cases. I believe it was 10 years ago when I wrote an article with data that Microsoft was uploading xbox data in excess of 20GB in a month. So, why was that? It was also on dates when I never touched a multiplayer game, I checked the data and the amounts and they did not add up. Was that to feed Xandr? Was that to feed other needs? So what would have happened when Microsoft got to complete the Activision Blizzard deal? How much data would Microsoft get access to? I wonder how many people took a hard look at that, because in March that was 368 million gamers and all that data would be going somewhere, would it not? It might be nice for Activision, but I have some hardcore reservations when Microsoft gets involved. And now that we see the accusations by the Guardian, the show changes. The fact that Microsoft would allow to hammer the people with a weakness to gambling makes me wonder how they are getting the other $198.3 billion in 2022 with 6.8% more in 2023. So how many victims did Microsoft approach? All questions, but there is a downside there, the questions should not even exist and that it the disgusting part of this setting. Until today I never thought Microsoft could sink that low, but there is space to think they could do worse and that is an unsettling stage. So where are these high and mighty senators now? They were all willing to grill Facebook and its founder Mark Zuckerberg. Where are they now? Does Satya Nadella have too many friends in the senate? Is that why they think they could avoid this? Inadvertently is not an excuse, outdated is no excuse, that dataset should never have existed in the first place and that is now the larger question. Why was that dataset created in the first place. One source gives us “Xandr is used by 0.8% of all the websites whose advertising network we know”, yet what we need to realise that there are (according to some) 1,986,154,062 websites, even at 0.4% that amounts to 7944616 websites and if even one of them is Yahoo or any media site, the damage gets to be astronomical. But I reckon those senators will gladly pass over those numbers, won’t they?

We get it, advertisements are part of our daily life, but what happens when victims are intentionally targeted on their soft spots? Did you think that through?

Enjoy the week and remember the next gambling advertisement could be a mere click away if you are being targeted by Xandr.

 

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August 13, 2023 · 20:56

Discrimination Legislation of America

This is not new and I have talked about it before (some time ago). This all started with a Tweet, not the most academic source, but it gave me somewhere to start.

Then I went out and looked for something more reliable and Forbes handed me (at https://www.forbes.com/sites/alangassman/2023/04/07/bidens-war-on-billionaires/) a story from April. 

The setting given is ‘Biden’s War On Billionaires’ (at https://www.forbes.com/sites/alangassman/2023/04/07/bidens-war-on-billionaires/) it is there we see “All American earners are subject to federal income taxes, but not everyone is subject to the same tax rate. While middle-class Americans pay, on average, roughly 14% in federal taxes annually, the wealthiest American families frequently use loopholes to avoid paying these tax rates.” This is one point of you and it is not an invalid one. Yet, in black letter law the US has tax laws. The law is what nations rely on and I agree it is not a fair one, but guess what. This is the fault of the US Congress and the US Senate. I have been talking about fair taxation for over 10 years. But the law is the law and there is an additional setting, the reason why people focus on Jeff Bezos, this is merely a first step. You see, that 20% will do nothing, America is in too deep, it is a sinking ship and the only thing these political people want to do is step out, so they can say not was not on their watch. It is too late for that. You see when that first law is passed, they might get a chunk of Bezos, but they will also get a chunk of Marc Zuckerberg, Elon Musk, Marc Benioff, Larry Ellison and that list goes on. My issue is that this is discrimination, Ageism (age discrimination), economic discrimination is also discrimination. So they are going after the real innovators, real inventors and what America wants is not their money, it is their IP, or at least part of it and co-controlling it. You really want all these systems to be co-owned by the USA? Whatever freedom you thought you had would be gone. The US has been playing stupid since the Clinton Administration, it was the last time that the US had green numbers, since then the allotted a debt surpassing $31,000,000,000,000 dollars. The US is broke and they are now in it to delay for whatever time they can. The USA has become a sinking ship, they are patching holes by cutting pieces out of the same leaking hull, it never ends well. I have pleaded for tax law overhauls for well over a decade. I noticed the slippery slope close to 25 years ago and it impacts the EU and Japan as well. China is growing, China is becoming the next power player in its lonesome position. BRICS is becoming an inner circle with China in the lead position, the moment it sheds Russia, their geese will be count as well. BRICS went from the elite of 5, to a group with 40 nations interested, the lead of the US is gone. No one follows the broke person who can no longer feed itself and with the the Kingdom of Saudi Arabia and United Arab Emirates added to the BRICS group the US has very little left, so now they are setting the stage to go after the billionaires and whatever more they can get. Yet in all this the numbers of what Apple (Amazon, Facebook, Google and Microsoft too) paid in taxation. That would have ben the fair setting, but no one is really digging into this, are they? Fair taxation starts with the corporations that was the first step and that has been overdue for decades, the loopholes had to be dealt with and that never was, that is the real story. Jeff Bezos et al used the legal options like tax lawyers to avoid paying more taxation than was required. Tax avoidance means “the use of legal methods to minimise the amount of income tax owed by an individual or a business”, which is perfectly legal, tax evasion is not legally stated and a crime. This is the stage that brings in the players like PwC, they are one of the leading experts in tax avoidance, this is why a tax overhaul had been essential for about 25 years and now it is too late. The us has its opponents knocking on their gates (BRICS and their members). So we get another populist call for taxing the rich, but it is the tax system and IRS who needed to clean their houses, they never did. I am no friend of Jeff Bezos, I do not think I ever was but that man took an online bookshop and turned it into something huge, then he went against the biggest tech company of all and created an equal if not a better version with his Amazon Luna (against the Google Stadia) which made Google leave the field (leaving billions on the floor), it almost destroyed Microsoft with its Azure through Amazon AWS. Two clear wins by (an online) bookshop. That is what Jeff Bezos did. You have to respect that and the others made their own innovative futures. Now the US wants to go after these innovator? So what happens to the US when these places resettle in BRICS territory? Good luck with that idea. So consider the Discrimination Legislation of America, the DLA, which by pure coincidence (LOL) also means Disability Living Allowance. The pay setting that most Americans are about to get towards to. Consider that the DLA ranges from around $1,000 – $5,000 depending on the member’s pay grade and dependency status. You can normally only receive DLA once each fiscal year. So a maximum of $5000 a year to make ends meet. Where in America can you live of that? I am not certain there is any place that will make America liveable and when the larger corporations leave that will be close to all that is left, until the money is gone. That is the future and I tried to warn you all, not to bite the hand that was feeding the US (Saudi Arabia) and when the tech players leave billions on the floor, why is that? I will let you decide.

Weekend is entering the last hours of the day, it is at the end of Sunday in the East (New Zealand) and at its start in Western Canada, enjoy.

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August 12, 2023 · 22:39

How on earth?

This was my first thought that went through my mind. It came from the BBC and I was reading this in a decent degree of unknowing. The title ‘China property giant Country Garden warns of up to $7.6bn loss’ (at https://www.bbc.com/news/business-66470170) where we see “Country Garden, which is one of China’s biggest property developers, has warned that it could see a loss of up to $7.6bn (£6bn) for the first six months of the year” and I am quite frankly at a loss. You see, a developer gets (read: buys) a piece of land, he places a building on it and sells this place(s) and in the end there is a profit, it might not always be a great profit, but a profit nonetheless. So when I see a loss of $7.6bn, the math in my head goes that at $250K it sets the stage for 30,400 houses and if a place costs 1.5 million we see the bungling of 5,065 places. Now it is not that simple. I get that, but the idea that someone set a stage where 30,400 houses are sold for $0 is equally laughable, implying that the problem is a lot larger than we can see. We saw it in the UK with Carillion, we saw a few examples and they all wanted ALL the profit and as such they did it all, all the elements of construction and all elements of the service. That never works, the moment a short cut is made, people start filling to holes and creating more holes in the process. 

Then there is the larger financial impact. How does a company like Country Garden has any setting that allows for that kind of a loss in the first 6 months? Even as the article gives us “The expected loss compares to a $265m profit for the same time last year. The firm also said it has set up a special task force, headed by its chairman Yang Huiyan, to find ways to turn the business around”, I reckon it might be close to ‘too late’, which is seen with “rating agency Moody’s downgraded the company’s rating, citing “heightened liquidity and refinancing risks”” and don’t expect me to give explanations. I have none. I have a few speculation, the first we saw in the beginning. But there was also the 2021 event when 15 buildings were demolished all in one go (at https://www.youtube.com/watch?v=Om6b0_ffyFQ), I cannot tell you the reason, I merely saw the YouTube on USA Today, and we get that one building needs to go at times (still sloppy), but 15 buildings? Now consider those costs and I am certain that those building in total would not have surpassed $2 billion. So now consider that one developer has well over 300% of those losses. Something does not add up and I cannot tell you what it is. In the first I do not have an economics degree, I have engineering, IT and Law degrees and I am still grasping for nothing at this time. The speculation I made earlier makes the most sense of stupidity. Yet it was speculation, so I could be wrong. As such, in an age in China where there are no jobs, there is a housing shortage and there are a few more issues. The 15 building demolition raises questions, the loss by Country Garden gives even more question marks. The Financial Times gives us “Nine months later, it is dangerously short of cash. The company expects to have lost Rmb45bn-Rmb55bn in the first half of the year and is confronting what it calls “the biggest difficulties” in its history.” (At https://www.ft.com/content/c266f377-33dc-4cf6-89a1-b62998896027) and it is not the first time. Evergrande in 2021 has a massive default and it seems to me that all these firms ‘doing it all’ are imploding. Is it a mere setting of idle time? Me and idle time go way back, all the way to the early 90’s and it is not the first time that idle time is overlooked or seen as a linear event, which it is not. It does not explain these billions of loss, it really does not but to see this in China implies that there is a lot more going on than we are able to see and that is never a good thing.

Enjoy the weekend.

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August 11, 2023 · 08:43

Dee Jay Eye

Yup that is the saying. It is written DJI and would you believe it, it means Dopey Justice Investigations. Of course in this case we have to go to that place that Europeans regard as the land west of the Atlantic River, the Asians and Australians see it as land east of the Pacific river and we all agree that it is south of Canada. It is known as the USA. The BBC gave me 22 hours ago ‘Boy, 6, boasted about shooting Virginia teacher Abigail Zwerner’ (at https://www.bbc.co.uk/news/world-us-canada-66451768), it is there we see “The boy’s mother, however, Deja Taylor, has been charged with felony child neglect and misdemeanour recklessly leaving a loaded firearm as to endanger a child. In June, she was also charged with unlawfully using a controlled substance while in possession of a firearm and making a false statement during the purchase of a firearm.” This all sounds nice, but when you consider that in January I wrote in ‘Little Shits’ (at https://wp.me/p1RftY-2mn) “So far NO report shows that the parents were arrested, or interrogated over the case. If that is the stage, the US has earned the right to see many more shootings in schools until they fix this mess”, as well as “So what part do the parents play? Well, as I see it the mindset tends to come from parents, not peer pressure, not at that age. But no one is looking at the parents, why not?”, as such I got to this setting MONTHS before the American authorities got there and the evidence is clear, the media had nothing. And you wonder why nothing gets to be resolved during mass shootings? Well here you have the evidence. As such as we are given “His teacher, Abigail “Abby” Zwerner – who survived – filed a $40m (£31.4m) lawsuit earlier this year.” I personally believe that Abigail should have (at least) doubled her claim, with incompetence seen to this degree there is a fair case that her life was trivialised to a much larger extent. I get that the boy was not charged, the rule of Doli Incapax is pretty much all over the common law nations and this means that you cannot be seen as responsible as a 6 year old. I mentioned that in the first article on this event, but how the kid got the firearm as well as the parents (I did not know the household setting there) were not. And now 7 months and three days later we see this play out as being the correct path. Yes, we saw the reference to June, but the media was not all over that, were they? So when we now see “While being restrained after the shooting at a Virginia school, the boy is said to have admitted “I did it”, adding “I got my mom’s gun last night”.” Consider looking back to the media covering in those days, none of them mentions that small part, did they? Why not? Especially the small part of “the boy is said to have admitted”, why was that omitted from the media coverage? The fact that he got his mom’s gun last night is a pretty clear indication to arrest the mother at that moment. The unsafe handling of a firearm leaving it open for a child to get is pretty indicative of the blunders made in this case. To Abigail Zwerner, the 25 year old teacher I say “I hope you get well over 300% of what you ask for”, the media, the authorities and the school all trivialised your life for what? Political points? Business points? There should be a price for that and after that, use that money to retire to a nice happy safe place and enjoy your early retirement, you definitely earned it.

I think that it is time for the dopey justice system of America to wake up and see the mess you are at present making, I have said well over a year ago that upgrading the ATF and giving it actual teeth would be essential in cleaning this mess up and again I am proven correct. 

As I see it, there is no fault at present to its director Steven Michael Dettelbach, but I do believe that he has his work cut out for him and I reckon that keeping scores of whoever block essential needs for the ATF will be required soon enough. You see, 1.5 billion does not go far, not when you have 5,285 people trying to sort the gun mess out. Some might see the mention of “The ATF has received criticism over the Ruby Ridge controversy, the Waco siege controversy and others.” Yet no one is mentioning a story from 2022 “Missing weapons, false records: Franklin Gun Shop owners plead guilty to federal charges”, the Tennessean gave us that one (at https://www.tennessean.com/story/news/crime/2022/11/23/franklin-gun-shop-owners-plead-guilty-over-missing-weapons-false-records/69671186007/) there is a larger stage that gun shops are falling short, and it could have been prevented years ago by giving the ATF teeth and a real budget. There is also a larger stage of automated systems to see where the history of guns are at and I am referring to the NBC article (at https://www.nbcnews.com/news/s-just-insanity-atf-now-needs-2-weeks-perform-routine-gun-trace-rcna39606) where we see ‘‘It’s just insanity’: ATF now needs 2 weeks to perform a routine gun trace’ with the by-line “Boxes of paper records fill nearly every corridor of the ATF’s National Tracing Center, where agents are struggling to keep up with surging requests from local police.” Red tape might be stated to be the source, but I see this as the failing of a justice system. We might take notice of “A 2023 report published in JAMA covering 2014 to 2022, found there had been 4011 mass shootings in the US”, with over 4000 mass shootings in almost 10 years we come to the generic 400 mass shootings a year and you don’t think that the ATF needs an upgrade in IT systems and other materials? Don’t make me laugh, this is beyond dopey and you better realise it. For the American parents it is easy. 400 mass shootings a year comes down to almost 8 a week. So how long will you roll the dice until it is YOUR child you get to bury? It is simple (yet somewhat deceptive) statistics, but feel free to blame the people who are almost certain no part in that play and ignore those who could make a difference because that would be the US Senate and US congress. Did you think that ‘Red tape’ or the ATF was to blame. Someone pushed for that ‘Red tape’ and it is time to wake up and see what causes your children to die. I can assure you it is not the maker of the gun, it is the lawmakers that enable to hobble the ATF. And that gives us the Senate and Congress. And when exactly did either call out to enforce the ATF with the equipment and budget to give the Americans a safer place to live? I am willing to wager you cannot really find that part of the equation. Why not?

Weekend is soon upon us, so enjoy the day and go shopping for a bulletproof vest for your child, you might need one soon.

 

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August 9, 2023 · 21:14

Late to the party

Yes, that was me. In this case I got late to the party. This is about an article by Stephanie Kirchgaessner where (at https://www.theguardian.com/technology/2023/jul/18/snapchat-saudi-arabia-ties) which is almost a month old where we see ‘Saudis accused of using Snapchat to promote crown prince and silence critics’. I have had my issues with her. This is massively anti Saudi, she is what I regard to be a tool for any anti-Saudi activity. Yet, I need to keep a clear mind and let me take you through what I found.

Metrics
1. the Saudi culture ministry, has more than 20 million users in the kingdom – including an estimated 90% of 13-to-34-year-olds.
2. One senior Snap Inc executive recently called it an “extension of the [kingdom’s] social fabric”. One of the company’s largest single investors is Saudi Prince Alwaleed bin Talal, who in 2018 invested $250m in the company.
These are the metrics, there are more numbers in the article to ‘spice up’ the article. 

Accusations
The accusations include the following.
1. Saudi Arabia appears to be exploiting the US messaging app Snapchat to promote the image of its crown prince, Mohammed bin Salman, while also imposing draconian sentences on influencers who use the platform to post even mild criticism of the future king.

So, it is ‘appears’? What evidence is supporting the ‘appears’? 

Then we get to ‘imposing draconian sentences’ on what people, what are the metrics, what are the numbers and names of those who received these draconian sentences? 

Then we get more emotions with “Close watchers of Saudi-based verified accounts say the platform is used by many influencers to promote Bin Salman’s image, with influencers widely and uniformly sharing any new photographs of the prince or other video content that promotes him.” We see more things like ‘many’, we are not given something like “Well over a hundred influencers”, we merely get many. 

Then we are given “People who spoke to the Guardian on the condition of anonymity to protect contacts in the kingdom say that posts (or “Snaps”) are closely monitored by Saudi security services. In one case, influencers who are not political were questioned by security services for not posting enough fawning Snaps about the crown prince, according to a person with direct knowledge of the matter.” So not only is the Guardian ‘hiding’ behind anonymity, we get ‘people’ again, no numbers, not ‘a group of witnesses’, merely people. Then we get the question on what evidence there is that Saudi security was monitoring? None was given as far as I can tell. Is evidence not essential here? It is followed by ‘in one case’ so is this the only case? And is that one case the same person as ‘according to a person with direct knowledge of the matter’? All questions and an utter lack of clarity. Is this what the Guardian adds up to? 

My setting is not that I am stating that Saudi Arabia is innocent, but if they are guilty, it better comes with ACTUAL evidence. Then we also get to see “One Saudi Snapchat influencer, Mansour Al-Raqiba, who has more than 2 million followers, was arrested in May 2022 in connection to social media posts in which he acknowledged having been blackmailed by an individual who claimed they had heard him criticising Bin Salman’s Vision 2030 economic plan. A person familiar with the case said Raqiba had been sentenced to 27 years in jail.” So, if he has been sentenced, there is a court case? Where was this case set? This quote links to another article by the same writer from June 2023, all emotions and a total lack of what I regard to be evidence. Can someone muzzle this chihuahua? You see, there is nothing, not even in Arab News or Al-Jazeera on Mansour Al-Raqiba. I am not debating his existence, or his activities. I found one other article in the Telegraph giving us ‘Saudi star escapes jail time in London following accusations of animal cruelty’, the article is behind a paywall, so that is all I have. You would think that if a person had that many follower, the papers would be filled with his exploits and his snapchat activities. There is a total lack of this. 

There is a lot more, but I will let you discover them. I believe that the Guardian is losing its grip on reality. I have had my issues with Stephanie Kirchgaessner in the past. It seems to me that if she has nothing, she merely bashes Saudi Arabia. You see, if this is not the case the evidence would be a lot better. You can make a case towards any security (in this case Saudi), but with places like snapchat there should be a mountain of evidence. In that regard the flimsy approach to the University of Toronto Citizen Lab would have a lot more. We are merely given “Petroleum-enriched Gulf oligarchs have a disturbing track record of punishing social media users, and employing multidimensional digital influence operations to silence critics and undertake transnational repression”, so what EXACTLY is ‘multidimensional digital influence operations’? The lack of specifics and precise explanations make me wonder if any of it is real. And that is not on me, that is on the flimsy and shady writing by Stephanie Kirchgaessner. 

Then we get to Saudi Prince Alwaleed bin Talal, who is a Saudi Arabian billionaire businessman, investor, philanthropist and royal. He is also the founder and CEO of the Kingdom Holding Company. I have been looking into that for other reasons. In the article he is mentioned once, regarding the investment. So what is he here? Window dressing? 

Then we get to Saad bin Khalid Al Jabri. We get “Snapchat’s popularity makes it an ideal tool for a repressive regime that exploits Snapchat in the dissemination of state propaganda, character assassination of detractors, and surveillance of activists and influencers”. What we do not get is that he is living in exile in Canada. We are also not given that he walked out toward exile with more millions than the sum of all US generals have (Saad bin Khalid Al Jabri is a former general from the Kingdom of Saudi Arabia), we are also not given what the Middle East Eye gives us (at https://www.middleeasteye.net/news/us-saudi-arabia-former-spy-chief-crown-prince-case-thrown) where we are given ‘US judge throws out former spy chief’s case against crown prince’ which was given to us in October 2022. Where we see “Jabri’s lawyers argued that, given the close ties Jabri had developed with the US intelligence community, the crown prince “purposefully targeted” the United States because his alleged attempt to kill the former spy chief was meant to disrupt US-Saudi intelligence sharing.” So why is this case, a case of someone living in exile in Canada being heard in the US courts? Why was this not given to the Canadian courts? Too many questions on an article that has too many flimsy sides and if I can see that in minutes, why did the chief editor of the Guardian (Katharine Viner) not see this? And the questions just keep on coming. Was there ever a serious case against the Kingdom of Saudi Arabia? I am not stating this is not the case, I am stating that the article gives us serious doubts that there is a serious case against the Kingdom of Saudi Arabia. 

In case you doubt me (which is always fair enough), read up and make your own mind up. It is there for a reason, not to follow, but to grow and learn.

On the upside, I came up with another game , another piece of IP that could be freeware for developers for the Amazon Luna and Tencent handheld only. It is a streaming game (the only way this would work I reckon) and as such I am planning to post this tomorrow. Yup, after the mid-week running up to weekend.

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August 8, 2023 · 22:26

Moments of remembrance

This comes out of the blue. I knew of the event, I saw the messages pass by. Yet until the BBC article (at https://www.bbc.com/news/live/world-66432558) I had no idea what an impact she had. I remember the single Nothing Compares to U, I have the single CD, I also bought the album but that is pretty much as good as it got. I was one of millions that got the song and until recently I was unaware that it was a song made by Prince. It was then that I learned that she had dwarfed him with his one song. I am not dissing Prince, he has made his mark on the world of music, but to be that good and then to be surpassed by someone with your own song takes a special kind of musician (or singer) and Sinead was that. 

Today I saw the BBC article with images (image below is from the Independent) and then it hit me. To have thousands of people pay respect to a musician takes a very special kind of musician. 

And it seems important to me that we stop for a moment to remember her, not because of what I say, but when that many people want to pay their last respect, when millions more on a global level say goodbye to this woman. There is no doubt that this woman was special and to coin a phrase, as far as I can tell nothing compared to her. Born in Dublin on December 8th 1966. This Irish lady’s best-selling album was “I Do Not Want What I Haven’t Got” which sold over 4.95 million copies. That puts her in the highest ranking order, especially as this album was released in 1990. This puts her right up there with Elton John, Phil Collins, Whitney Houston and Madonna. I never knew this until I started to dig a little. And no matter how we like her music (or not), that is an achievement worth remembering. So I take a moment of silence, I bow to her album and raise a glass in her honour. I do not know much about her, or her life. But the massive amount of people paying her last respect give me moment to realise that not knowing her makes me the lesser person. There was no intent, but the realisation that what she achieved was beyond remarkable needs to be remembered and that is what I am doing now.

I would like to end with something profound, but words fail me at this time. So take a moment and pause. Think of the people you knew in the past, the movies they were in, the music they made and think of the happy feelings these moments instilled.

Have a great day.

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