Category Archives: Politics

Milestones

We all hope to make certain milestones, some through fantasy, some through luck and some through anticipation. Your first threesome, the moment you joined the mile high club and for governments they have their own achievements, for example when they join the 100% debt club. So when we realise that Japan has well over 200% of GDP in debt, the US has passed the 100% marker and it joins those they looked down on for the longest of times. Italy, Iceland, Granada, Eritrea, Greece, Jamaica and Lebanon, all members of that 100% debt club, so when we see the Arabian Business (at http://www.arabianbusiness.com/politics-economics/395741-100-debt-club-set-to-get-new-member-from-oil-rich-gulf), treat us to the facts that Bahrain will soon join Libya and the Sudan as their debt exceeds their 100% GDP. We see more and more messages at present and even the IMF is setting a different atmosphere. We see part of that in equities.com. There we see “IMF (Page 10): Against a backdrop of mounting vulnerabilities, risky asset valuations appear overstretched, albeit to varying degrees across markets, ranging from global equities and credit markets, including leveraged loans, to rapidly expanding crypto assets.
MY TRANSLATION: In the last two major bubbles, the problems were mostly contained to dot-com stocks and housing. That is 100% not the case now. Almost every single asset on the planet – from stocks to bonds to loans and more – is wildly overpriced. There is zero room for error with prices at such dizzying heights
“. This is merely one setting; the field is expanding on a larger field and in all this, the nations that are passing the debt bar. France is set at 99%, so if they cannot contain the debt growth they will pass it this following financial year, leaving only Germany as one of the four large economies that is in a containable situation and there is where we get a partial ‘I told you so!‘ You see I wrote on part of this 5 years ago. (at https://lawlordtobe.com/2013/05/15/a-noun-of-non-profit/), I made a reference in regards to Brexit, but the setting of it all was a lot larger than merely Brexit. So as you get to contemplate “Consider a large (really large) barge, that barge was kept in place by 4 strong anchors. UK, France, Germany and Italy. Yes, we to do know that most are in shabby state, yet, overall these nations are large, stable and democratic (that matters). They keep the Barge EU afloat in a stable place on the whimsy stormy sea called economy. If the UK walks away, then we have a new situation. None of the other nations have the size and strength of the anchor required and the EU now becomes a less stable place where the barge shifts. This will have consequences, but at present, the actual damage cannot be easily foreseen. Any claim that there is no consequence and they predict no issues, remember this moment! The Barge (as is), will lose stability and the smaller members thinking they are on a big boat are now thrown left to right then left again as the storm rages on. The smaller nations will get damaged and in addition, the weaker ones (Cyprus and Greece) could still collapse, especially if the UK takes a non EU gander“, this was predominantly regarding Brexit. Yet the implications are larger as I stated. The UK is taking on Brexit and now we see that the German anchor it the only anchor giving some stability, the UK is taken away, Italy has lost its footing as it surpassed the 100% debt and now France is pushing that boundary as well. All because it was easier to play the popular fool than taking a hard stance on their debts, France is not alone, Italy and the UK are all there, the smaller ones have no options to give strength to the large 4 and as the UK figured out that going it alone is much better for the economy, we see a dangerous setting.

Even now, when we merely consider Spain in all this (not the smallest economy), we see (at https://www.southeusummit.com/europe/spain/spanish-economy-returns-grade/) that Standard & Poor’s is still playing (what I personally see) as ‘their little game’. Perhaps you remember ‘S&P reaches $1.5 billion deal with U.S., states over crisis-era ratings‘ (at https://www.reuters.com/article/us-s-p-settlement-idUSKBN0L71C120150203) the one quote (one of many) needs to be considered “S&P parent McGraw Hill Financial Inc MHFI.N said it will pay $687.5 million to the U.S. Department of Justice, and $687.5 million to 19 states and the District of Columbia, which had filed similar lawsuits over the ratings“. So when I see “S&P notes that Spain’s overall economic and budgetary performance has not been hampered by political tensions in Catalonia, as many had feared. The country’s GDP increased by 3.1% in 2017 and last week the Bank of Spain raised its economic forecast for this year to 2.7%, up from a December forecast of 2.4%“, you see, the numbers are not really in question, yet when we see the image below (source: Trading Economics).

When we realise that none of the EU nations has a grasp on their debts, in addition, the GDP for Spain went down whilst it is still below the numbers of 2016 and before, there is actually no reason to see the credit rating for Spain go up. I am personally speculating that the EU will be so much more hardship when France hits the 100% debt marker. It matters, because this will soon become the academic exercise that the question: ‘What is the difference between cooking the books and creating a false positive wave through inflated credit scores?‘ I actually do not have the answer here, but I guarantee you that the quality of life in Europe is not moving forward any day soon, not until some issues are seriously reconsidered. In addition, the US-China trade war isn’t helping anyone, not even the Europeans so that will also become a factor of debate soon enough. It partially relates to “We have revised upwards our GDP forecasts, with an intense rate of employment creation and an economic model based on the external competitiveness of our companies. With this scenario, we will achieve our objective for 20 million employed people by 2020“, the issue is that it is misrepresentation, you cannot rely on the unemployment figures and then state we will have 20 million employed, because on a population of 46 million, he might be implying that the unemployment numbers will skyrocket from 17.4% in 2017 to 56%, that would be crazy, yet that is what we are told, is it not? The best lies (read: miscommunications) are done through statistics, so that the feather matches the bird one would say. Still, back to my speculation, I believe that Spain is not the only nation in this setting; I think that some numbers in pretty much every EU nation are beefed, weighted and set to make Europe (or basically themselves in the European setting) look much better, so when the UK leaves they will not look as weak and feeble as they have actually become. It is a setting that is way too dangerous. There is no way that Mario Draghi is not part of this, so when we look at the Financial Times of last week we see ‘Mario Draghi acknowledges ‘moderation’ in Eurozone growth‘ (at https://www.ft.com/content/3e20b49e-4939-11e8-8ee8-cae73aab7ccb). So with “Analysts said that Mr Draghi’s guarded language suggested that the ECB may wait until July — a month later than previously expected — to provide the markets with updated “forward guidance” on its plans to phase out the crisis-era stimulus“. I am a little less optimistic in regards to the quotes, and when we see ““Better safe than sorry was the motto of the day,” said Dirk Schumacher, economist at Natixis“. I personally tend to see that as:

Better safe than sorry
It allows for another day without worry
As we pile the worries and woes
To a stack we can blame on crows
Those at the London Tower are best
Because when they leave the EU we can make them the jest
And when our barge is no longer secure
We move to Wall Street where we can endure

You might think that I am merely making light of all this. The issue is that people in Europe seem to ignore that over €2,000,000,000,000 was printed without the validation of treasuries or consent of the people whose funds got devaluated even further. Do you think that printing money has no cost? It is money that the EU never had, so why did you think it came without consequence?

This partially (and I mean partially) is seen in different ways when we look at an article from Reuters merely two weeks earlier (at https://uk.reuters.com/article/uk-ecb-policy-draghi/stock-volatility-no-big-factor-for-ecb-so-far-draghi-idUKKBN1HG1VR) ‘Stock volatility no big factor for ECB so far – Draghi‘, now I agree that volatility will come and go, so the ‘so far’ part is perfectly fine. When we see ““While we remain confident that inflation will converge towards our aim over the medium term, there are still uncertainties about the degree of slack in the economy,” Draghi said in the ECB’s annual report“, now I can agree with that. There will always be a certain amount of uncertainty, that is all good, no issues there, but it is set on a certain premise. When we see that Spain (the only visible one) suddenly in opposition of what I see as real has its credit score increased and as such we see the start of an optional bubble, when others do the same we see the forecast on unreal values, so we see the bubble is not set to the reality of the actuality, at that point, when a lot more start realising that some numbers do not make sense, the uncertainty grows and the closer the UK is to leaving the stronger that uncertainty becomes. At that point we see a run and a total collapse, when that happens, when the people realise that pensions before 78 is no longer optional, do you think that the people will remain calm? When they realise the impact of €2 trillion printed cash is impacting the 26 nations, how much value decline will they face? When that happens, how will people react in all this? Now we get to two elements, one is the mention in the Financial Times where we see: “But the weak economic data for the first quarter have triggered increasing speculation that the first interest rate rise will be delayed until later in 2019. A smaller number of analysts are expecting the bank to continue QE into the new year“, the second is that the entire stimulus was to set the economy right, which did not happen, now set that against inflated credit scores, inflated economies and the downturn that follows, that will happen, it can no longer be contained, merely delayed to some extent. When it does hit Europe would not have a penny left to balance against and it will leave the bulk of Europe destitute. There would be no defence against the next downturn and that is when disaster will truly strike. So as the story is pushing towards ‘protectionism’ and ‘patent values’, we should also consider that impact. Now, as a University graduated Master on Intellectual Property rights, I do comprehend some of the issues, yet I am not a patent attorney, so there are parts that I will ignore or not look at. Consider that a national economy is now more and more dependent on the national patents and the represented value that they hold. Now we get European Patents, the Unified Patent Court (UPC) allows for a simpler way to get it all registered and to some extent enforced. So it is a good thing overall, there was never too much fuss about that side, yet the one strong economy (Germany) is now setting the stage to oppose the UPC, we see this (at http://www.ippropatents.com/ippropatentsnews/europenewsarticle.php?article_id=5725), where we also see “Alternative für Deutschland (AFD) has called for the repeal of the convention on a Unified Patent Court (UPC). AFD “rejects the EU patent law reform”, according to the German Bundestag, which announced the motion on 7 March“, I believe that overall the UPC is a good thing, but there will always be small interests that are not perfect, no EU setting is 100% positive, yet overall, to get one filing for all EU nations, in light that even the UK agreed (and ratified) is a good thing. So when we see “It was based on three grounds, mainly how the UPC Agreement violates EU law, the majority requirements of basic law, and does not comply with the rule of law principle related to judicial impartiality. The complaint was scheduled to be heard in 2018 by the second Senate, appearing as the 11th item on its agenda. In Germany’s 2017 federal election, the AFD won 12.6 percent of the vote and received 94 seats, the first time it had won seats in the Bundestag“, there is an academic setting, yet with 12.6 of the council in hands of the AFD, a very Brexiting minded party, or is that Berlout or Deutchleave, we need to realise that the patent issue is a lot more biting in Germany and that cannot be ignored, as they give rise to uncertainties. So when we get back to the uncertainty there, as well as other uncertainties, and whilst we saw Mario Draghi accept that uncertainty results in stagnation, how much more stagnations are required for the next downturn, even a short term one, whilst the economic reserves have been already been drained.

Now we have a much larger setting, the EU was never about everyone agreeing on everything and the economic setting that requires that to happen at present is also making the dangers of waves that sinks the barge called EU. Now, that seems like an exaggeration, but when you realise that the German anchor is the only one giving stability, you can see the dangers the EU faces and more important, the dangers of no reserves and an utter lack to keep proper budgets in place, a setting now in more danger for the reasons that I gave supported by the economic views of many others. I believe some are downplaying the impact, yet when we realise that EVERY European Union government is downplaying the economic impact (as every nation always wants to look as good as possible, which is a PowerPoint setting of the human ago) we get a much more dangerous setting. We accept that the smaller nations have a negligible impact on the whole, but on a ship that can only remain truly stable with four anchors, losing three is a much bigger disaster than anyone realises, and that downplay will hurt all the players that are part of the EU, so when the downturn starts, we will see kneejerk movements from all the nations, all the big players and we can only speculate the fear mongering speculations that the IMF will treat the European audience to. I have no idea what form it will take, but when it happens I will take a deeper look. In a setting where every negative economic milestone could lay waste to whatever reserves its citizens wrongfully thought they had in the first place.

 

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Tubing it along

There is news, news that has been about a few weeks and I have kept an iLook on it. In one part it is as techofreak as it gets, so I should be on board the moment it launches, it is so versatile that it has no other option than to change lives on a global scale, yet there is the issue that it is so new that it is a little scary. That is the reality of all new technology; consider the first 10,000 Facebook accounts, the first 100,000 internet users. It all starts in a small geeky way and this will be no difference. It had more presence in the Saudi Arabia Vision 2030, so that is why I took another look. You see, the entire matter is not merely where it is, but it is how the technology is adapted, that is the first part in all this. To set this in the proper light, we need to take a step back. In the UK they have the HS2. So when we see the BBC (at http://www.bbc.com/news/uk-16473296), we see “The initial plan is for a new railway line between London and the West Midlands carrying 400m-long (1,300ft) trains with as many as 1,100 seats per train. They would operate at speeds of up to 250mph – faster than any current operating speed in Europe – and would run as often as 14 times per hour in each direction“, so when we consider London – Birmingham we see ‘1 h 25 min’, as their fast option at present, which at 117 miles, makes the HS2 a 45 minute saving, so how many billions is that going to cost? Now consider that each one technical glitch will cut the 45 minutes. Now, I am all for progress, now when we go by two numbers we see “a projected cost of £56 billion, up from the initial cost of £32.7 billion in 2010“, we see that 8 years ago, they had it wrong by close to 100%, so we see a waste of £56 billion plain and simple. The UK could fix its schools for that amount of money and overall, there is absolutely no reason to go that distance, it is just too short. Now we get to the next stage of travel.

Welcome to Hyperloop!

Now as we see this in the Saudi Arabian setting it changes, you see when we look (at https://www.tahawultech.com/news/virgin-hyperloop-one-unveils-vision-2030-pod/) we see ‘Traveling from Riyadh to Jeddah would take 76 minutes (currently over 10 hours) utilising the land bridge for both passenger and freight movement, positioning KSA as the gateway to 3 continents‘ as well as ‘Traveling from Riyadh to Abu Dhabi would take 48 minutes (currently over 8.5 hours)‘, so here we see a clear forward momentum. Not merely 45 minutes gain, but gains that take away 90% of the travel time, now we are talking improvements! I never quite understood the HS movement, not in the UK (where there is some benefit) and even less in the Netherlands where the improvements are as shallow as it gets, all this ‘good for the economy‘ whilst I think it greased the careers of certain people, and in the end nothing for the citizens, and the less stated on the Dutch government joke called Fyra at a mere €11 billion loss, it is not a lot if you say the amount fast!

So even as we are burning ourselves all over Europe on high speed trains Hyperloop technology is different, you go by tube (as literally as it gets) and within that tube you have the option to truly accelerate, the nice setting that this will reflect on cargo and passengers alike, so it is also versatile. So when we read “The hyperloop-enabled transportation sector in the Kingdom of Saudi Arabia will stimulate economic growth and diversification of Saudi industries, according to Virgin Hyperloop One. It will also nurture the manufacturing and innovation sectors, and spur job growth in support of the country’s Vision 2030 plan increasing the GDP 1-2 percent across the Kingdom“, we are not seeing the whole picture. You see it is almost a lot bigger than that. The currently planned £380 billion mega city Neom would be an optional first as well, so Riyadh would be linked to Neom, which now is set to connect Egypt and Jordan, it also opens the doors almost directly to Sharm-El-Sheik as well as the Israeli city of Eilat, all golden opportunities which allows Saudi Arabia to grow the economy in Riyadh on a much larger foundation than ever before. In all this Cargo and passengers are set to near exponential growth, especially in the short term. So we have near direct connections between Bahrain, Egypt, Israel, Jordan, Oman, Qatar and Saudi Arabia in the centre of all this. It will not take long for these nations to grow all kinds of alliances and commerce will flourish like nothing we have seen before and Virgin, with its Hyperloop One is in the centre of this growth. Even as Europe is trying to get something similar rolling, we see that France is alas out of cash for such an endeavour (at present) ‘Hyperloop gives cash-strapped French cities hope‘ (at https://www.thenational.ae/business/economy/hyperloop-gives-cash-strapped-french-cities-hope-1.726967), it is a stretch, but it makes a lot of sense for France to get involved in all this, in their setting Hyperloop makes sense, especially regarding cargo (cheese and wine settings anyone). So when I see “TransPod’s technology is based on magnetic propulsion and electrified tracks, moving pods through a vacuum tunnel designed to reduce friction. As with most Hyperloop projects, the bulk of the estimated costs are for deploying infrastructure. Co-founder Sebastien Gendron estimates his company needs €20 million (Dh88.1m) in financing to complete the Limoges project at the current stage, and says he’ll raise half of that from private investors“, in all this, I am surprised that no one there called Ubisoft (more specifically Christian Guillemot, Claude Guillemot, Gérard Guillemot, Michel Guillemot or Yves Guillemot), they have the cash and more important, to be the founders of something this futuristic that will be moving through France with the Ubisoft symbol would be worth its weight of a train in gold I’d imagine.

So back to Saudi Arabia, the one part I do disagree with is ‘in support of the country’s Vision 2030 plan increasing the GDP 1-2 percent across the Kingdom‘, you see, once the line is in place, it will spur the economy in more ways, beyond tourism and beyond cargo, for close to double that prediction. A system that far ahead will also spur infrastructures growth as the rest of the world will be lagging behind, especially where engineering is concerned. They all claim they have ‘the technology‘ yet at present there is a lot more reliability that under these settings it will only be running in the KSA in a more serious setting in the foreseeable future and that is where the advantage grows, in addition, when the travel times are shifted to those degrees, emergency surgeries, medical disasters when Hyperloop technologies transfers and adjusts in more than one perk, we will see both the King Faisal Specialist Hospital and Research Centres in Riyadh and Jeddah grow abilities to attain options because they are now less than 2 hours apart. That transfers to all manner of services, when they are no longer separated by time to that degree, it will drive a lot more than the ones we see at present. and let’s not forget, this is merely the first degree of Hyperloop, as the engineers figure out a lot more than is currently possible, the growth will blossom further, and as we see forward momentum on this scale, we understand that there are risks, you when the gain is not 45 minutes, but 90% travel time is reduced the picture shifts a lot further on a larger scale. Even as we were introduced to ‘tube’ transport in Logan’s Run in 1976, we never imagined that it would be an actual solution, not until now do we see that there are places where it is more than a solution, it is the drive to move forward on nearly every field.

So even as I accept that we are not there yet and there are all kinds of issues down the line, movement is now a given, and even a some used the London underground map and added some Hyperloop fun to it, the setting is not that impossible on some part of those tracks. It is a part where all technology can move forward, we merely have to adapt parts of it. Consider that change as new venues of technology open will up, and there is serious cash to be made for all the players in this field, you merely have to find the niche where your solution fits.

That is where Vision 2030 is now becoming a driving force, not merely because there is $500 billion to be found, but because those who do get their working solution in place, for those there is a lot more to be made over time, Saudi Arabia is merely the pilot, it is the global setting where profit becomes a very serious opportunity, it will drive the now nearly born new Nouveau Riche generation to a very new level with amounts the previous generation never ever dreamed of.

When you sit down and consider the map, we do not merely see Africa, Asia, and the Middle East, we see that Saudi Arabia has the opportunity become the axial for those three continents, an option we never would considered as realistic when Vision 2030 launched 10 years ago, now that picture is shifting and with the growing technologies as Saudi Arabia is embracing these new opportunities we see a shifting picture, even as oil might be funding this, the reliance on it is fading a lot faster than we thought possible, not merely through Hyperloop, but through the changes all the technologies enable one another with and that also gives new directions, because it is no longer about volatility  (as Saudi Arabia was accused of by others in a previous blog), it is about stability and the enabled stability that these solutions bring.

For in the end making money will always win over waging war, that has been proven for the longest of times.

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Are there versions of truth?

It is a question that has haunted plenty of people, you see there is just one truth, although, is that ‘there is your side, my side and the truth’; it comes from Robert Evans ‘The kid stays in the picture‘, a 2002 documentary. We have seen the quote is several works including the famous Sci-fi series Babylon 5. The fun part of this is that the three parts are all based on honesty, yet it is more than just a matter of perspective. I have always known that, although the interaction of perception and observations is something that needs to be in a book, not on a blog. So when I was confronted with the site ‘Seeking Alpha‘, which was described by the Wall Street journal in 2014 as “SeekingAlpha.com predicted stock returns, as well as earnings surprises, above and beyond what was evident from Wall Street analyst reports and financial news articles” is from the article more than just that. The article (at https://seekingalpha.com/article/4168001-investors-face-moral-dilemmas-investments-saudi-arabia) gives us ‘Investors Face Moral Dilemmas with Investments in Saudi Arabia‘, can be countered with ‘every investment has a moral dilemma’, so that is not much to go by. Yet the setting of a 500 billion market where we see the foundation with “A component of the Saudis’ Vision 2030 is to create an indigenous defense industry one that will promote volatility, not stability, in a region on perpetual warfooting“, gives me not the shivers, but the contemplation of what game is played. You see there is no doubt that Saudi Arabia wants to create an indigenous defence industry; every nation wants that, especially when it has been under threat for many years. I would have told Crown Prince Mohammed bin Salman if he would respectfully consider buying Remington as it is bankrupt and going cheap. The excellence of its weaponry, weaponry that have made it to the most elite parts of the global national defence forces is not just a matter for defence, hunters and others revere the weapon for its standard of excellence and it is not a bad place to start. You see, that is merely one path, in all this the setting of ‘one that will promote volatility‘, is not only not a given, I wonder where Seeking Alpha got the data in the first place to make that assumption. When we accept that there is an optional truth, there should be a look at the antagonising party, namely Iran as well, in that regard we see (at https://seekingalpha.com/instablog/776842-investorideas-com/5152941-cryptocorner-iran-developing-cryptocurrency-japan-s-sbi-launch-exchange-australia-cracks-icos), “Iran is progressing with its own crypto currency project despite having banned crypto trading in local banks according to a report at Reuters. Information and Communications Technology Minister Javad Azari-Jahromi said the ban from Iran’s state bank would not apply to development of a domestic crypto currency“, as well as “Equally, if not more importantly, investments by Russia’s oil and gas companies in the development of oil fields in Iran may exceed $50 billion, presidential aide Yuri Ushakov told reporters in early April” (at https://seekingalpha.com/article/4167229-effect-unilateral-u-s-sanctions-irans-crude-oil-production?page=3) and in finality we see “On Sunday, pro-Iranian Shiite rebels in Yemen launched a missile attack on Saudi Arabia targeting four cities. The Saudi air defense intercepted the missiles, however, one person died and two others were hurt by shrapnel. Saudi Colonel Turki al-Malki made it clear who Saudi Arabia thought was to blame: “This aggressive and random act by the Iran-backed Houthi group proves that the Iranian regime continues to support the armed Houthi group with qualitative capabilities…”“, which we get from the article (at https://seekingalpha.com/article/4159016-7-missiles-closer-iran-war-100-oil) called ‘7 Missiles Closer To Iran War And $100 Oil‘. So now we see two parts, we see Saudi Arabia accused of volatility and ion all this the aggressor Iran is not painted in any way in any of these mentioned articles merely defined as ‘Pro-Iranian rebels‘, the fact that those rebels cannot afford any missiles and for the most they lack the ballistic skills as well as deployment and knowledge of GOLIS firing solution systems, issues like deployment, missile calibration and beyond that there is setting the precision of the missile by making sure that the electronic settings are correctly tweaked and calibrated to interact with the information that the targeting hardware offers. All that requires skills, skills that the Yemeni do not have, but Seeking Alpha is all over that and, oh, actually they are not!

So in the $500 billion setting of growing the Saudi industry, one valid component is now the stuff of moral discussions and the setting of unproven volatility, can anyone explain why Seeking Alpha has released 7 articles in the last 24 hours on Iran, where one shows opposition between the Iranian judiciary and the President on ‘disrupt national unity‘ in the setting of ‘Rouhani opposing banning social media networks, as he attempts to open up the country to the outside world‘, there is not a moral dilemma here? Or perhaps it is not a setting for volatility whilst the growing of Iranian civil unrest is currently seen as a given. So how do we not see in more articles that for the speculative person investing into Iran is facing all kinds of risks from Iranian civil unrest?

Yet it is that setting that we can all easily check on how certain paths are played. We can see this in another way as well, when we see the French visit; we see “Macron had come to Washington in a bid to convince Trump to remain in the deal. He proposed “pillars” for adding to the existing deal, including extending it for the long term, limiting Iran’s ballistic missiles, and dealing with Iran’s involvement throughout the region“, whilst in the article regarding Crown Prince Mohammed bin Salman we see “Regardless of his charm, offensive MBS will continue his extreme ruthlessness, admittedly a de rigueur requirement in a tough country and even tougher neighborhood especially because his radical changes have created many internal enemies“, we also saw “Saudi crown prince Mohammad bin Salman (MBS) wrapped up his well-orchestrated and unprecedented “meet & greet”, “press the flesh” two-week April tour of the US with the icons and titans of three primary industries in his effort to diversify the Saudi economy as part of the ambitious Vision 2030 plan“, yet nowhere do we read an optional: “Success can only come from a vision, brought by a visionary. We are a nation with resources, with options and opportunities. We are more than the oil that is acquired from our soil, we can and will harness resources as well as investment opportunities to stimulate our economy and diversify our revenues. Our nation sitting central between Africa, Asia and Europe should have been more about growing that advantage and now we will, we have the foundation to grown in technology, in minerals and in services to be a global player, we must take that opportunity before it is lost to us forever. It’s not a fast path, and to do this properly we must grow over the next 12 years to be able to become that global powerhouse“. Well, there is one place where something like that can be read, it is the introduction (at http://vision2030.gov.sa/en/foreword), where we also see a lot more on the Islamic part on Saudi Arabia, which is perfectly valid. So when we go to http://vision2030.gov.sa/en/node/125 we see a massive amount of programs all set to push Vision 2030 forward and the interesting part in that is that there is not one mention of the words ‘defence’, ‘Army’, ‘Navy’ or ‘Air force’. Even as I am convinced that growing national defence is part of that, my wonder is that with all these options and opportunities, Seeking Alpha resorted to the Moral part of a defence structure that is nowhere near a central part of the Vision 2030 brief. We know that Saudi Arabia has the option to go full G5 from day one and the investment options there are massive opportunities not to pick up millions, but billions. Yet the issue becomes larger when we see that the writer Albert Goldson has plenty of experience and should be well aware of commodities (read: he is a bit of an expert according to sources), so when we set this against the view of Bengt Nordström, CEO of consultancy Northstream who gave us last year “growth in the industry has disguised not only the fact the telco industry is largely a commodity, but also that it has not been hugely innovative for a number of years“, that in light of the upcoming 5G, where ‘first in, soaring profits’ could surely be a given, none of that is shown, merely the fact that Saudi Arabia is allegedly about ‘volatility‘, so whose buttering the bread and who is that sandwich being made for?

Another part not shown was ‘Advancing pharmaceuticals and patient safety in Saudi Arabia: A 2030 vision initiative‘ (at https://www.sciencedirect.com/science/article/pii/S1319016417301780). Here we see “A recent conference in Riyadh, sponsored by King Saud University, sought to discuss these issues and develop specific policy recommendations for the Saudi 2030 Vision plan. This and other efforts will require more and more creative educational programs for physicians, pharmacists, hospitals, and patients, and, most importantly evolving regulations on quality standards and oversight by Saudi health authorities“, let’s not forget that we are in the beginning of all this, there is 12 years, which will go quickly I’ll grant you that, yet in all this the opportunity to grow Patent Law, Law firms, and set proper markers in place would be an essential step before such a level of patent bearing change comes. The option for Pharmaceutical investment was not shown in the article, or the mention of the issues shown at https://ncusar.org/programs/17-transcripts/2017-06-20-burton.pdf (attached). So, I am not opposing that there is optionally a need to grow the national defence industry, but is that set in the right light? In the light he gives the investors (which is his right to do), we see “However, for the moral implications mentioned with respect to the development of an indigenous defense industry, check your moral compass. From my perspective, it’s a financially profitable but morally bankrupt undertaking“, yet what morally bankrupt idea is there on growing the pharmaceutical and mobile network industry? they are highly profitable if it is achieved and there is moral question, my moral compass is setting on the field asking Albert Goldson, a member of the Association of Former Intelligence Officers (AFIO) and an Associate Member of the Foreign Policy Association (FPA) why he missed on those options. Also in the view of two dozen projects that are openly stated, why would he focus on a part that represents merely 10% and focus on those two dozen programs, where the investors would find the gems that the investors would want to find in a $500 billion layered cake called ‘Vision 2030‘. Oh, as for that military part, the attached Burton presentation ‘Opportunities in Saudi Arabia – Vision 2030 and Beyond‘ spends two slides on it and the most important part shown is “Vision 2030 calls for 50 percent of military equipment purchases from domestic suppliers instead of imports“, whilst also mentioning that the Kingdom of Saudi Arabia (KSA) “spent a total of over $63 billion on defense and security in 2016, including off-budget spending“, so when we see that, we see that for the smart investor there is an optional $30 billion a year available for those who might not have a moral issue working on a government set national defence program. That in light of Iran delivering missiles hardware and support to non-combatants, which are rebels at best, yet terrorists might be more apt when we consider “Nasrallah’s letter is proven evidence of Iran’s involvement in the Yemeni civil war, since it shows that Hezbollah, which is financed by Iran, is taking part in the fighting in Yemen” (source: Jerusalem Post). So where exactly does Seeking Alpha stand? Let’s be fair, they can be in any place they like as they are merely advisors towards their investors in all this, yet even with my high moral (or is that outspokenly oral) I would not turn away from a $32 billion market, especially if I had that level of cash. Oh, and whilst you consider on where morality needs to be, Boeing, Lockheed and Raytheon have already signed up, so the delay you took made that cake a hell of a lot smaller, but even if there is still $2 billion up for grabs, would you walk away? Let’s not forget that next month’s rent is due!

So in all this, I never stated or implied that Albert Goldson lied to anyone. Yet when we consider there is your side, my side and the truth, what did we see? You see, I get back to perception versus observation. Through perception he is focussed on the defence part, but why? The shifted setting towards Saudi Arabia will impact something else, but what else is impacted? That is the question, is it the Iranian setting (when considering the other articles), is it something else entirely, or is Albert Goldson focussed on something beyond all this? It is a speculation from my side, yet the absence of the Pharmaceutical and Mobile Industry absence implies just that, yet in equal measure I will state that this would merely be my perception, based on all my observations. That is part of the setting. In the realm of ‘there is your side, my side and the truth’, it becomes more and more about observation versus perception. In a case like this, when there is $500 billion on the table, is the perception the amount on the table, or the observation of whom else is at that table that matters. Is that merely an observation or does the perception become: where is MY opportunity? Because in the end that is what the investor cares about, and moreover, where and what size their slice of the cake becomes.

In addition, my observation will be that the changes mean that there are new players and some of the old players have been so well fed for such a long time, in this ‘parting might be such sweet sorrow’ (Romeo and Juliet Act 2, Scene 2), yet for the previous players it will be over their dead bodies, that tends to be the gist of it. The change needs to be observed because it shown also where the pressures of the players will be and that pressure can be seen as cost and risk. It is the wiser player that makes it through and gets the slice of the $500 billion layered cake; it is merely the question on the size of the slice and the perception of the profit it allegedly holds.

 

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The Update

This is not about specifics; this is about the latest updates on a few sides. First we get back to ‘The successful and the less so‘ (at https://lawlordtobe.com/2018/04/26/the-successful-and-the-less-so/). We had the rundown on the Marvel movies and Spielberg’s Ready Player One. My view remains the same, the three movies were awesome and there is no denying that. What is however a shift is the impact that the Avengers: Infinity War had, I knew it was going to be big, but a 3 day global total up to April 29th of $640,000,000 (rounded down) is beyond what I would have ever expected (read: imagined). The total revenue of Ready Player One was surpassed in 3 days with 20% to boot. It will get worse (depending on your point of view). You see, I am hearing all around me that people want to see it again. There was so much to see. So not only will it surpass the one billion dollar marker in a 10 day stretch, the revenue of Infinity war on 4K and Blu-ray will surpass most records to date. It could even spell a drive for people to look for a 4K TV and a HD 4K player merely for this movie alone. So if there is a Christmas release planned, it will likely be a $999 deal for the 4K TV, the 4K Player and the movie, all neatly gift wrapped. Those who do not have a 4K TV at that time might leap at the option offered. Techspot gave us “the movie’s Sunday box office performance – Infinity War reportedly raked in a whopping $69.2 million, breaking yet another domestic record“, implying in part that the movie is set to break the records that the number 3 top placed movie has, as Infinity war is likely to surpass it. I don’t think that it will make the current number three sad, it took three years for a movie to do that and records were always meant to be broken at some point.

The second update is on ‘Flames of the blame game‘ (at https://lawlordtobe.com/2018/04/27/flames-of-the-blame-game/), you see, the Financial Times (at https://www.ft.com/content/c532579a-416d-11e8-803a-295c97e6fd0b) has an issue with data sharing and the Kensington and Chelsea council has been fined £120,000. Now we can have all kinds of thoughts yet the quote “the perception that a large number of properties were left unoccupied by wealthy foreign owners — provoked greater scrutiny of the borough’s housing situation amid calls for empty homes to be used to house evacuees, and criticism of the approach of the Conservative-run council to public housing provision and maintenance” implies that there is a much larger issue in Kensington and Chelsea and that certain steps are being taken. They got an opening to make a shift and the Grenfell disaster gave them an option. The interesting part is that this goes back to 2017. The Guardian (at https://www.theguardian.com/uk-news/2017/aug/02/revelations-about-empty-homes-in-grenfell-area-simply-unacceptable) reported “Labour has condemned as “simply unacceptable” the 1,652 unoccupied properties in the London borough where the Grenfell Tower fire took place, calling for government action to bring them back into use“, which is as I see it, hypocrisy at best. You see the previous Labour government under Tony Blair was very eager to call in the investors, yet down the line no one wants to pay for the fallout. This did not start recently, this has been going on since the late 90’s, the EU reported in a paper  (at http://ec.europa.eu/economy_finance/events/2003/workshop/woodetal.pdf) by Forrest Capie, Geoffrey Wood and Frank Sensenbrenner by the City University, London: “confirmation is provided by the complete absence from mainstream political discourse is the notion that “multinationals” have somehow taken over, or impeded the actions of, national government. All this exemplifies, we conjecture, the relaxed attitude of a major foreign investor. At least at present levels, no-one much worries about “who owns” British industry, so long as British residents have savings somewhere. Foreign ownership is a non-issue in Britain“, a non-issue? Really? This was given in February 2003, so this has been going on for a while and yes the short term gain was clearly seen, millions upon millions, yet the long term play starting 5 years ago, when we see that 1650 unoccupied properties in one council alone is costing the infrastructure, 1650 households not needing energy, not needing food, not needing services, so those services in place is one thing, the fact that this group should be supporting half a dozen shop chains is now off the table. The UK did this to them self when they forgot basic math. So when we learn the setting of ‘a man’s home is his castle‘ and ‘trespass is actionable per se’, we see that these people have painted themselves in a corner. So even when we saw last year “London’s mayor, Sadiq Khan, said he would make proposals this year to find a more effective way to tackle the issue” he basically doesn’t have a leg to stand on and now the council might have given it to the press, so that the journalists, in the light of the Grenfell disaster can up the ante by emotional reporting, and it only costs the council £120,000 to allegedly start using the press as a tool of convenience. This allegedly setting is seen in the Financial Times quote ““at the time of the security breach, the feeling of social inequality was running high in this wealthy borough. Such disclosures therefore required guidance and oversight,” the ICO said“, it seems to me that someone decided to play judge and jury on a setting that the government, especially the previous Labour government enabled in the first place. It is not a fluke; there is a whole range of insurances that are covering this. UKinsuranceNET is merely one of many examples. Most are immediately covered by ‘Owner is working away‘, ‘Non-UK residents are accepted‘ as well as:

  • Ensure that you have a friend or family member inspect the property regularly. A minor continual escape of water left for a period of months can devastate a property. This is why escape of water is not usually covered with unoccupied insurance policies without terms and conditions applying.
  • Home emergency cover, should a plumbing or electrical fault occur the person who is looking after your house will appreciate this. Remember standard home insurance will not provide cover as extensive as an unoccupied insurance policy.
  • Speak to your local council; you may be eligible for a reduction in your council tax.

So there is not just an issue, it is a much larger market, you see Huw Evans director general of the Association of British Insurers could have told them that when he had that large issue on the Grenfell building when he was talking about inadequate fire testing.

Yet in all this, these people will not learn. Now, I will accept that Mayor Sadiq Khan cannot be blamed in any way for the latest issue, oh yes, you see with: “London Mayor Sadiq Khan has already given his approval for the scheme“, yet the clarity (that in a very rare instance, the Sun brought), by giving us “Chelsea stadium plans hit by £1b sale of England home to Fulham and NFL owner Shahid Khan“, so even as we accept that ‘Shad Khan, is a Pakistani-American billionaire and business tycoon. He is the owner of the Jacksonville Jaguars of the National Football League‘, he is still a foreign investor and whatever happens next (besides the setting that if the sale goes through), billionaires tend to be modestly serious people and spending £1,000,000,000 on a building implies he can do with it what he wants. If he wants to turn it into a fabulous new Mosque (merely a speculative thought), there might be little to stop him. You can’t play your games on whining games regarding empty house penalties, whilst you are willingly, knowingly selling to a foreign investor. It seems that the slippery legislative slope they put themselves on could be the start of a lot more court proceedings and when you have a large number, followed by 9 zero’s and only after that a decimal point, you could hire 5 lawyers and give them one clear job description: ‘rain proceedings on these councils‘ and you’ll get £400 an hour for as long as you can do that. It could lock a council in legal proceedings for decades. Now that is merely my speculation, but there is a precedent. The ICBA reported a variant in 2016 with “Unlike the patent troll problem that ICBA fought all the way through Congress, however, this new crop of law firms is relying not on flimsy patent claims, but on detailed arguments that are already making headway in the courts“, when you consider that part, how vulnerable would any council or borough be? A dozen cases per council would lock up their legal division for up to two years at least. It ends up that close to nothing could be achieved. Now this is all merely speculation, but it is not that far-fetched with the Guardian reporting on “The number of solicitors qualified to work in England and Wales has rocketed over the past 30 years, according to new figures from the Law Society. The number holding certificates – which excludes retired lawyers and those no longer following a legal career – are at nearly 118,000“, so with 118,000 of them having hungry mouths to feed and the need to get revenue, do you still think that my view is far-fetched?

The Grenfell disaster is making all kinds of issues a lot more visible, one of them has been not to rely on foreign investors and their impact to such an extent, it has been an issue for close to well over a decade and not these birds have gone home (outside the UK) to roost, or is that to roast in the sunny sun at a tropical beach?

So in this, when I saw John Healey, Labour’s shadow housing minister state ““there were about 200,000 long-term vacant homes around the country, “including those bought and left empty by speculative investors”“, as well as “Labour would allow councils to charge a 300% empty-homes premium on properties that have been empty for more than a year and ask them to prepare empty-homes strategies to bring homes back into use in each area. We would also reverse the Conservatives’ weakening of councils’ powers to introduce empty dwelling management orders to bring homes back into use“, at what point would he also state that the previous government under Tony Blair got much (if not most) of  that damage done by opening the flood doors of foreign investors? In this, the end is nowhere in sight and even the councils realise that they are fighting an uphill battle against foundational legislation as the UK has had it for generations. It was part of the sales pitch that sold it so well, unravelling that would end up being devastating to the UK economy and these players know that (read: should truly be aware of the hazards) very well.

In finality there is the update on ‘Ferrari Mario (2018)‘ (at https://lawlordtobe.com/2018/04/28/ferrari-mario-2018/). This is a larger one, because Phil Spencer according to several sources is setting the stage that Microsoft is having its own JRPG on the Xbox One. This is not something to sneer at. In one set of minds it is almost ludicrous and suicidal to go that way, but it is not anyone making that play, this comes from Phil Spencer and he knows games. So there is a play and it is about to be made. Now JRPG games tend to be a real game changer, it is a niche market that has a massive following. If Microsoft pulls that off, it would be such a blow to gaming (to their benefit), one that no one saw coming to that degree, this is the kind of victory shot that Microsoft desperately needs and if they do pull it off it will be a massive one! With that one ‘rumour’, one that came in several ways from Phil Spencer, towards several medium we see that Microsoft is starting to fight back, they will still take massive damage over the coming year but as to the options that limits deadly damage to the Xbox console this is certainly one that will have a large positive impact for Microsoft. Now, I refuse to go into the ‘what if it is a bad game‘ shot, because in the first I haven’t seen it, we will in 5 weeks see either something playable or a serious trailer/teaser that could bring the house down. In the second because JRPG are a vast setting of options and they are not all alike, what is a given is that when it does come it needs to be on a level of excellence that the JRPG fan expects, in story, in user experience, in graphics and atmosphere, to pull it off outside of ‘excellence driven Japan‘ has never been seen as an option, so the pressure will be on for Microsoft. If they do, then it will be one of three essential niche victories they will need, not to stop Nintendo, because that is a lost race. What will matter that three to four of these games would allow Microsoft to optionally regain the number two spot in the future, yet my personal forecast (speculative prediction is more accurate) is that they will need 3-4 of these games to be released in the next 18 months to pull that off, if they haven’t started on the additional 2-3 games at present, they might be too late, but let’s wait to see what the E3 brings before locking that gate, it is only fair that Microsoft gets that option to present that to us.

Three updates that needed to be made as the issues I talked about earlier are getting more traction and they are showing us the change that will come, even as the hearing into Grenfell aren’t seen for close to a month, the media is looking at many sides, many issues and Grenfell will be pulled into every emotional issue these politicians need, Jeremy Corbyn seems to live off that vibe, even as his co-players are not that enthusiastic to mention the previous Labour blunders that caused some of the damage we are seeing now.

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Num, Num, Num

There is a large following that is very appreciative of Jamie Oliver. I was for a long time unsure about the man. I do not mean that in any negative way, I just didn’t know the guy. Literally, my only knowledge of him in the beginning was this ad (at https://www.youtube.com/watch?v=gPiNeIV_WY8). I thought it was funny, I was doing consultancy in the UK for a while and that is what I saw, I would remain unaware of his actions for a few more years until I saw one of his cooking shows. It looked nice, and tended to make me hungry watching it. So I reverted to my famous Bambiburger (whilst watching Bambi, because that’s how I roll) and switched to another movie afterwards. I had noticed a few of his cooking books and they looked OK, but beyond that I moved on, no negativity implied here.

My first real exposure to the man was when I was introduced to his McDonald crusade, or perhaps better stated the fast food crusade. A sample is shown in the Rubin Report (at https://www.youtube.com/watch?v=nSoJzuUgO6c, as well as CBS at https://www.youtube.com/watch?v=YC0jMeGTJmA), so when I was aware of just how bad it was I stopped going there, I haven’t set foot into Macca’s for a long time, I might get a lemonade on a hot Sunday morning, yet that is as much as I got. I stopped going to Macca’s. He showed a part I never stopped to ponder. He became a silent hero, like my University friend and fellow student Jerome Doraisamy, how started the Wellness Doctrines and showed to be a true visionary. With his second book The Wellness Doctrines for High School Students, he is showing the younger students the path that every young person should read. With “self-help guide for secondary students struggling with academic rigours, vocational concerns and teenage issues“, we see a path that allows those who had given up, that there is a path, there are options and they can make it, there can be success. As Jerome attends to the mind of the younger person, Jamie Oliver has the physical side in mind. In the Guardian we see the goods (at https://www.theguardian.com/lifeandstyle/2018/apr/29/jamie-oliver-criticism-affect-me-childhood-obesity), with “His transformation from cheeky-chappy Essex boy chef to single-issue crusader, facts and figures to hand, about to appear in front of a select committee, is complete. You would think he would have enough going on – he closed several of his restaurants recently and restructured his business“, in all this Jamie Oliver is focused on the issue of childhood obesity. Two silent hero’s making the world a better place, because if they can tend to the upcoming generation, we would as a humanity move forward too. Now even as we, at times might question “It is not only the food industry that Oliver has targeted. He also champions better nutritional training for GPs and other health professionals“, there is a spoken truth that we ignore, we seem to go to the GP for every useless flu shot, and really useful vaccines, but the setting is that the GP has a narrow focus, he needs to be, he might tell us to see a dietician, yet will we? I know that I eat reasonable healthy, less and less Bambiburgers (the price of venison is near murder nowadays), yet I have my decent mixes of greens, pasta’s (with fresh greens) and the optional spinach stew with beef, all easily made and full of the good stuff. This came with the revelation that even as I am still the size of Dwayne Johnson (yet not in the chest section), I eat a lot better for a long time now and I walk nearly everything I do every day. I also noticed that I eat a lot less, so there is that benefit too, but overall, I could still eat better and that is where Jamie Oliver is making the difference “Oliver seems to be coming at obesity principally as a diet problem, rather than a social one, although it may be too much to ask even someone as energetic and ambitious as him to fix society. Obesity disproportionately affects children in deprived areas“. You see, even when we accept that the lifestyle choices in places like London for some is massively limited, where most are still relying on their daily fish and chips, of if fish is too expensive friend spam, we need to acknowledge that the two people are working pre-emptively. If the children are heating healthier, it could reduce NHS needs by at least 10%, which is a massive saving, when we consider the counselling and other issues that some children face in the light of pressure the writings (the second book) of Jerome Doraisamy could also impact the NHS in a positive way, as well as avoid a whole range of other issues, so making sure that every secondary school in the UK (Australia and Canada too), has at least a few copies of this book (as well as some of the Jamie Oliver solutions), we could set the next generation much better equipped on a future path, one that is healthier and ever so likely pointing towards personal success. In that we have seen so little for such a long time that the visibility of these two crusaders (not caped ones, because I still claim the title of Batman), is becoming more and more essential. Yet Jamie does not proclaim to have all the answers and all the solutions, one would be very unfair to demand that. When we see “he does not entirely understand what it is like to live in relentless, grinding poverty: to be unable to afford fresh vegetables (healthy food is three times more expensive, per calorie, than unhealthy food – Oliver has suggested that the government should subsidise healthy food); to be too tired to cook from scratch every night; to take the financial risk on a lentil recipe that your kids may refuse to eat“, now we can go that children who are really hungry will eat nearly anything, is only partially true, the addictiveness to some foods (read: food groups), especially sugar loaded ones is too tempting as the short term sugar rush is there, so it is like getting them to fight a sugar addiction seems to be more and more prevalent. Yet as it is not a narcotic, the large brands can push sugar onto everyone until it quite literally kills them (usually via some form of diabetes). This gets us to the timeliness of it all. You see, when I was young (I know a really long time ago), diabetes was something almost unheard of. Now in the US, the CDC reported that 9.4% has some form of diabetes. That is up from 8.3% 5 years earlier, so the statistics are screaming danger. Yet we remains unable to act and the fact that Jamie Oliver is pushing for larger changes so that the UK (actually the whole world) improves the stats so that we can avoid a nasty and expensive trap is more than just good thinking, it is the stuff of well-deserved knighthoods. It is in that same range that we should see the efforts of Jerome Doraisamy. The body and the mind are two parts of us, needing equal attention and the fact that we get the next generation on top of it all is massively needed, because the mind can too often work out that the rope to hang yourself with versus the rope that will snap under the weight of the 17 year old as he/she weighs 17 stones takes a mere 25 neurons (speculative), me making fun of this is how it needs to be seen, but in a very deadly serious way. Some issues we can avoid, but if healthy food elevates your mood, makes you feel more energised, and thus empowers that person, making changes to your lifestyle on both the physical and mental front become increasingly important. Not because you are saving the NHS thousands of pounds, but because the next generation could suddenly end up having worked and lived for decades in a healthy and happy way only to receive a letter, to which that person asks “What on earth is the NHS?” They didn’t know, because they were never sick. That is what we hope we could strife for and these two crusaders are making it an optional future. So even when we see in the Guardian “he will be accused on Twitter of being the “fun police”; a column in the Sun will call it a nanny-state initiative that penalises poor people“, even as we see the taken step “It calls on the government to ban junk food advertising before 9pm and unhealthy buy-one-get-one-free offers, among other things. Oliver is proud of it. He looks relaxed, sitting on one of the sofas in his industrial, vintage-styled head office – although he knows the attacks will come“, we see that there is a lot to be done, but he has started the path, and even when we recognise that “addressed to the prime minister and signed by Jeremy Corbyn, Nicola Sturgeon and other party leaders” those undersigning is are not in government, yet when we look back to 2005, we see “In a response to the plea from TV chef Jamie Oliver for a ‘school dinner revolution’, the Prime Minister will say that school kitchens will be rebuilt and equipped so dishes can be cooked from scratch, while dinner ladies are given ‘culinary skills’ to help them create appetising menus“, it was a success as the Telegraph reported “A £280 million initiative to improve the nation’s school dinners was unveiled by Tony Blair yesterday following a campaign by Jamie Oliver, the celebrity chef. Mr Blair and Ruth Kelly, the Education Secretary, produced the money just as Oliver arrived at Downing Street with a 271,000-signature petition demanding better meals“, so what happened to that initiative, the fact that there is a second round, how much success did the £280 million get the UK schools, what was achieved and what was not is also equally a question. You see throwing money at a problem does not make it go away, it merely gets the front page for a week at the most, So when we look at briefing paper 3336, Obesity Statistics called SN03336, attached, we see that the increase from 53% to 61%, and from 15% to 26% is shown on page 3, yet it also shows that the curve on overweight or obese is also leveling from 2005 onward, so there is a shown success, what is less shown is the improvement rate among the young population, we see the statistics and total statistics, but as we cannot see if the those obese have become less obese cannot be determined in such an aggregated state.

Another path shown is that when we compare to the mindset in Japan, where only 4% has obesity, we see that studying the Japanese culture on healthy foods is becoming a lot more interesting. I did see an excellent video by Joanne Lumley on Japan, where we actually get to see two culinary sides, the first is that Japanese prison food is better looking and healthier than anything we can get in any fast food place, second was a visit to a primary school having lunch. They were eye openers, so there is still much to be learned for all the dietary players in the world. The one fact that we do clearly see is on page 12 with “obesity rates in the most deprived areas have risen by almost five percentage points but were unchanged in the least deprived areas“, we could go by the need of income, but more importantly we need to find other ways to solve the food system on a parental level, because giving in the screaming kids demanding sugar and chips will not work. Some might want to give in, but the price down the line will be extremely high. Some have no means to afford decent food and when we see that £36 a day is needed when you are on the basic standard, yet this includes rent, utilities, food and clothing. So when we consider that number, we get a lot less to live on, so when we consider rent increase, energy price hikes and other elements not much is left and that amount is actually decreasing. That is part of the ballgame and even as Jamie does not have all the answers, he is giving us a path to consider. If the school kitchens become better equipped and gives better food, the health risks will decrease as they decrease and the children’s physique improves through sports and actual activities (we don’t all like sports), we get to consider a lot more options and now we merely have the mental option remaining, but that is part of Jerome Doraisamy’s The Wellness Doctrines for High School Students, which is not part of this discussion today.

We can argue on how good or how bad Jamie Oliver is doing it, but the one part that no one can deny is that he is actually doing something and that he is at least on the right path and trying to work on the solutions that could work is why he is one of several silent heroes of choice. A crusader who is not playing Don Quixote, he is trying to do good, not chasing windmills. when I see the Guardian article, I see there is plenty of mentions of failure, his failures, yet in all that there was not one mention of greed, or of some basic exploitation setting, merely, as I personally saw it, he tried too much in too many directions and seemingly all at nearly the same time, I am partially amazed that he was able to avoid a heart attack and a stroke in the process. So when it comes to trusting the health of your children, would you listen to Jamie Oliver or to the Marketing CEO of a fast food chain? Now consider that one of the two will get your child killed 20 years earlier, now who do you trust? Are you scared yet, you actually should be!

That is becoming the ballgame, because when there is no NHS, which with the current crises is not merely a speculative possibility, how will you get treatment for your child when diabetes becomes a fact of life? Oh, and in addition, when you are still on that £36 a day (if you are that lucky), how will you afford the medication and other needs?

These few steps alone show that not only is Jamie Oliver on the right path, we need to think the long term impact that are limiting the options we remain to keep, because the list of those options are falling faster than you think. When we accept that in the most deprived areas where child obesity went from 27% at the age of 5 to 41% at the age of 10, when you consider that danger for a mere 2 generations, how will you see the economy where part of the labour is no longer being done because those jobs can no longer be done in 3 generations because the health of that workforce will not allow that to be done, so who will do those jobs? Perhaps the kids who are currently growing up in Beaconsfield, Buckinghamshire or Ascot, Berkshire? You have got to be joking!

We must accept that the previous labour did make steps and we need to see what was not done, why it was not done and what needs to be done, not just done as a mere ‘because we have to‘, but because we desperately need to move away from the downward spiral that too many nations are currently on in the first place.

 

 

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Flames of the blame game

The Guardian gave us a story on Wednesday and it was a story. Now, we can argue that there are more than a few markers in place, So when we see “The British system for fire testing building materials is utterly inadequate and underestimates the ferocity and spread of real blazes, a study commissioned after the Grenfell Tower disaster has claimed“, that might be good and proper (still debatable), yet the part that seems to be skated over, the icing of denial so to say is the facts that I had were a given in June 2017. They were in the Reynobond PE brochure. It has two important messages. The first being ‘This test method measures flame growth on the underside of a horizontal test specimen, using the Steiner tunnel test‘, that is interesting as we know that cladding tends to go vertical, so why not do a vertical test? The second was “It’s perfect for new and retrofit projects less than 40 feet (three stories) high“, these two alone should have stopped the dangers in its track. A request for a vertical flame test for the Grenfell building, as well as the need for a written confirmation that Reynobond PE was in fact the acceptable option for this building. Merely the application of common sense in the entire matter and the article by Robert Booth should have reflected that. So when I get to read “But they fail to reflect how materials burn in the real world, according to a highly critical report published on Wednesday by the Association of British Insurers (ABI)“, I start wondering who the stooge is that is taking the heat for the massive blunders that got 71 people charcoaled. I saw that within 5 minutes whilst reading up on the basic facts on the matter that basic issues had been negated, or merely ignored. So it is not what the ABI is suddenly preaching on how systems were outdated, it was the mere application of common sense and the lack of it within the council (or is that the KCTMO) to sign off on these matters got 71 people murdered, because when we consider the absence of common sense, they are not people, or victims that were killed, they ended up being the collateral damage of a mass murder, that is how we should see it, and that is how I personally regard that to be. When we consider “a building is significantly more flammable than the British Standards Institution test BS8414 shows“. When we consider the Evening Standard in August 2017, where we see “Alison Saunders said that although investigations were at a “very early stage” gross negligence manslaughter was among the offences that prosecutors will consider if police find enough evidence“. The mere documents I found (product brochures), seem to hold that part of the evidence, unless proper fire testing was done and Raynobond had given a written guarantee that Raynobond PE would suffice for the additional 21 storeys, there is a first setting of evidence that ‘gross negligence manslaughterwould already be an option that seems to fit (for now). Yet the Guardian also had important goods on June 16th 2017. With company director, John Cowley stating “Omnis had been asked to supply Reynobond PE cladding, which is £2 cheaper per square metre than the alternative Reynobond FR, which stands for “fire resistant” to the companies that worked on refurbishing Grenfell Tower“, so as we move from Omnis Exteriors to Harley Facades, where was the council in all this? So when we see “the Fire Protection Association (FPA), an industry body, has been pushing for years for the government to make it a statutory requirement for local authorities and companies to use only fire-retardant material. Jim Glocking, technical director of the FPA, said it had “lobbied long and hard” for building regulations on the issue to be tightened, but nothing had happened“, we see that the law had been inadequate for a long time, yet in addition to this This against the latest article where we see “The BS8414 test is overseen by the BSI, a private company appointed by the government as the national standards body. The panel that drew up the rules for the test include representatives from the plastic foam insulation industry. The BRE, which carries out the tests, is the former government building research station that was privatised in 1997“.

You see, these two statements are the actual ballgame now. When we consider that: “as the UK’s National Standards Body, the BSI is also responsible for the UK publication, of international as well as European standards. BSI is obliged to adopt and publish all European Standards as identical British Standards (prefixed BS EN) and to withdraw pre-existing British Standards that are in conflict“, so when we accept that and also accept that “Frankfurt’s fire chief, Reinhard Ries, said he was appalled at the fire at Grenfell Tower and said tighter fire-safety rules for tower blocks in Germany meant that a similar incident could not happen there. US building codes also restrict the use of metal-composite panels without flame-retardant cores on buildings above 15 metres” a statement that the Guardian gave in June 2017, we see that there is a massive amount of systemic failures. With ‘withdraw pre-existing British Standards that are in conflict‘, there is an implication that whilst the BSI was ‘privatised’ it never ended up doing its job (a speculative assumption that seemingly holds water after reading several accounts). The massive requirement for much higher fire protection levels imply just that and in all this, people hid behind a veil of insecure assurances and in all this ignorance is not a defence, not by my standards and not in court.

So when we take a look at that fire test that the BSI has (at https://www.youtube.com/watch?v=V4KA8S4yLoI), I personally get the feeling that Raynobond PE was never properly tested in this way (or any way for that matter), not before the fire at least, so when we look at the mess of interactions, I wonder what it will take and that too was covered by the Guardian when we see the quote “Cressida Dick, said on Wednesday that detectives were a long way from passing files to the Crown Prosecution Service and that she had asked for extra government funding over several years to help cover the costs of the inquiry“, I think that it goes further than this, the entire sales trajectory, the entire consultancy path from deciding on the parts to be ordered and the implementation of it all shows to be a clear factor and all the documents give rise to a much larger problem. When we see the mere interaction that the BSI is claiming to have and what we get as response from Germany (a EU nation) implies that the foundation of fire protection is just not there. The statement by the Fire Protection Association (FPA) bears this out.

The final part is the impact of choice. ITV gave us “The Kensington and Chelsea Tenant Management Organisation – which managed and maintained the council’s housing stock – decided to put the contract back out to tender and Rydon ended up agreeing to take it on for £8.7 million“, which puts the KCTMO in the hot seat, almost literally. You see the cost cutting had influence on several fronts and there is no way that it was all personnel. They also gave us “On Thursday night Rydon repeated its assertion that all the refurbishment work carried out at Grenfell Tower met both building and fire regulation standards and was signed off by the council. Grenfell Tower was built in 1974. The refurbishment project was, in theory, an opportunity to retrofit the building with a sprinkler system but it wasn’t taken. I’m told the idea wasn’t even discussed“, so which ‘fire regulation standards‘ were signed off on and who signed off on it? As we see that there is a huge discrepancy on the fire regulations at all, we can make the assumption that the council, or their representatives will now need to rely on large levels of ‘miscommunication‘, to avoid having to stand in the dock. More important, there is a desperate need to get these documents collected and soon, before they accidently go missing through the use of ‘Miss Filing‘ and her alleged ability to conveniently place documents, that poor lady does get blamed too often for too many things, ain’t that the truth!

In this I will end with the setting that Huw Evans, the director general of the ABI opened. He gives us the quote: “This latest research is yet more evidence that fundamental reform is needed to keep our homes and commercial premises safe from fire. It is a matter of urgency that we create the right testing regime that properly replicates real world conditions and keeps pace with building innovation and modern design“, yet as the director general of the Association of British Insurers he should have been aware, clearly aware that is that the task of the BSI, The British Standards Institution is to ‘withdraw pre-existing British Standards that are in conflict‘, and with the quotes seen, as well as presented settings regarding the prohibition panelling which we got from Frankfurt’s fire chief, Reinhard Ries regarding ‘tighter fire-safety rules for tower blocks in Germany meant that a similar incident could not happen there‘, we need to wonder how cladding is set (if it is set) in Europe as per the European Committee for Standardization. Yet none of these spokespeople seems to make reference to that did they? That is the setting we see and we see it from several sources, which now gives the question in all this, what is Huw Evans actually targeting, because it is not merely the overhaul of BS8414. The mere lack of mention in the cladding process because when we see the mention of the Hackitt review (independent Review of Building Regulations and Fire Safety by Dame Judith Hackitt, at https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/668831/Independent_Review_of_Building_Regulations_and_Fire_Safety_web_accessible.pdf), that part is not merely showing parts of the entire matter to be a joke, the findings on page 67 of that report “Contributors believe products are marketed with specification data presented in ways which can easily be misinterpreted. Indeed, individual elements are often used as part of compound systems that are not fully tested as systems“, the findings I had from one brochure (Raynobond PE) shows that the cladding should never have been used in the first place. In addition on that same page we see “The standards of workmanship for the installation of some safety-critical products (e.g. cladding) is not made explicit in the Approved Documents“, which is odd to state the least, I get that it is in the report, yet the fact that the KCTMO might not have set minimal levels, whilst approving a party for £2.5 million less should have been foremost on their minds. In addition, the application of: ‘the Approved Documentsmight be valid, but it leaves me with a whole range of additional questions. Here is that report: Attached

And we need to consider on page 6 “I am aware that some building owners and landlords are waiting for direction from this review on what materials should be used to replace cladding that has been identified as inadequate“, shows that whilst the Europeans have settings for standards on fire prevention, the BSI has not set the target that high, even as we saw ‘withdraw pre-existing British Standards that are in conflict‘, giving us more questions regarding the BSI, as such it seems that the tenants are in a much more dire situation, because there is every chance that Huw Evans, the director general of the Association of British Insurers is all about the insurance part and what he sees so far could spell that the overall insurance of apartments in high rises are prone to larger insurance premium increases than one would usually expect and there is a precedent for Huw to do just that, even if we do not grant insurances any consideration in the most optimum of times, they do have the right to up the premium if the risk warrants it, so in that regard, well over 350 buildings are loaded with tenants that will see their premiums spike as per next year’s insurance bill, that is, if the ABI is willing to wait that long, because that is at present not a given. Not when you tailored yourself for the Financial Times interview on April 25th.

Even I had not predicted the Grenfell situation to be a mess so complete that one might actually wonder how anyone has any value regarding safety or quality, it seems that there are many tainted sides to all this and that just like the blogger who in 2013 got the Metro to give us (at http://metro.co.uk/2017/06/14/council-threatened-blogger-with-legal-action-over-grenfell-tower-warnings-6708453/) “A local blogger who highlighted the danger in Grenfell Tower was sent a legal letter by lawyers working for the local council – accusing him of defamation and harassment” as well as “The letter, which was allegedly sent in 2013, was sent by a solicitor working for Kensington Town Hall. The local group behind the blog alleged that there had been serious failings on fire safety“, this was published Wednesday 14th Jun 2017, whilst the letter was from 2013, if the Grenfell Action Group can produce that letter for the media, we have the partial evidence of a much larger issue, the issue that certain dangers were optionally, optionally because the refurbishments were not completed until 2016, an actual danger. If any of the elements of the blog are shown to be there at the night of the fire, we see more than a systemic failure, we see clear Kensington Council acts that were in place to minimise exposure of dangers. And in that I will state that it only holds grounds if the letter and the 2013 blog show elements that were a true fact after the fire. The mere fact that the council struck out to a blogger is an actual concern as well. This is not about freedom of speech, it is the fact on what was written, but I need both to ascertain whether the Metro had anything viable at that time.

With so many fingers in several pies and so many ‘considerations’ of the pastries that is set on a large table named Grenfell, there is the danger that any interaction and any connected evidence will delay official acts, investigations and proceedings more and more is now a serious consideration whether in the end prosecution of any party remains viable. It would upset so many players but the question is realistic enough and that is not a good thing, not in this time and place.

 

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Behind Fake News and Business Intelligence

It all started with the Independent last night (at https://www.independent.co.uk/life-style/gadgets-and-tech/news/facebook-terrorism-isis-alqaeda-content-removed-mark-zuckerberg-a8319001.html). You see, we have had our fill of Facebook news, some of it seems to hold ground, a lot linked to ‘rumoured’ and some founded through advertisement as Eddie McGuire is now fighting with ‘Eddie McGuire is vowing to sue Facebook over a fake news article that claimed the broadcaster was promoting a cure for erectile dysfunction‘. Even as we see the issues around the Australian TV Presenter, we are nowhere near ready.

There is in addition the visibility through the MoneySavingExpert founder Martin Lewis, who is determined to give Facebook a bloody nose.

Yet at the core we are in a separate standing. The first is given with Facebook generates 4 new petabytes of data per day; this translates to 4,000 Terabytes, or 4,000,000 Gigabytes. That is every day! So when I see “Facebook has said it removed or flagged 1.9 million pieces of content linked to al-Qaeda or Isis in the first part of 2018“, I wonder what they did NOT find. There is no way to tell, but they are nowhere close to the 100% mark. In addition, people like Eddie McGuire and Martin Lewis are not making it any easier. Now, I am partially on their side, if their name is wrongfully used there should be repercussions, yet this is advertisement and they should go after those advertisers, not Facebook themselves. They might do this from the sense of Torts to go after the money, but then they merely want a payday, not a resolution. When we take a look at Facebook Marketing, we see something interesting in the Business Insider, when we consider “Relationship marketing differs from other forms of marketing in that it recognises the long term value to the firm of keeping customers, as opposed to direct or ‘Intrusion’ marketing, which focuses upon acquisition of new clients by targeting majority demographics based upon prospective client lists“. This implies that this system relies on idiots propagating the message of the fake McGuire and Lewis. That is what makes the issue a larger issue. You see people have a god given right to be moronic idiots, with no accountability to the truth or reality. So these two gentlemen are almost on some fools errant. The moment we look into the advertisement policies, the online sales structure, Facebook is likely to have absolved all liability and they become a mere facilitator. And in all this America just doesn’t care, if they did the ‘big dick‘ and ‘huge tits‘ pharmacy solutions would have stopped decades ago, but they didn’t did they?

So in all that light we see ‘Why paying for Facebook won’t fix your privacy’ (at http://www.businessintelligenceinfo.com/business-intelligence/big-data/why-paying-for-facebook-wont-fix-your-privacy), the issue is not the data. We see that when we consider “While Facebook might offer an option to pay instead of having targeted ads shown, it’s also likely that people purchasing such an option will have their personal information collected anyway. Zuckerberg hinted there might be a version of Facebook that is not free, but he never hinted that he might stop collecting your data. And Facebook is only one example of a ubiquitous business model“, this is the one place where Google and Facebook are truly the same. Their operations rely on having that data and collecting more data, the value of data is only a guarantee as long as the data is up to date.

In all this there are some clear issues. You see, the user should be allowed to get the data on ANY advertiser. So, as such if there if fake news, or wrongful advertisers, these advertisers are now in the picture as their records could be pulled by anyone. It would also enable people like McGuire and Lewis to go after the advertisers. As those fake advertisers can no longer hide, they will need to find other shores to dig for cheap revenue. Yet there is no solution for those people, and Facebook themselves have opened that door by their own doing. Facebook Business gave us “Facebook is one of the most efficient ways to advertise online. See how we connect businesses with all the right people on any device with Facebook marketing“. If they ‘connect businesses’ they have the goods on that business and as such we have a right to know. I would not put it past McGuire to introduce those people abusing his good name by introducing those advertisers to the business end of a ‘2 by 4’.

If Business Intelligence is ‘the strategies and technologies used by enterprises for the data analysis of business information’, Facebook would have no option but to make that effort and change. You see, if business information is not correct of reliably false, it stops having value degrading the facilitator, so it is actually in their interest as Facebook to make that jump. In addition, when we consider ‘BI is most effective when it combines data derived from the market in which a company operates with data from company sources internal to the business‘, which we get from ‘Coker, Frank (2014). Pulse: Understanding the Vital Signs of Your Business. Ambient Light Publishing’, to some extent, we see that Facebook is either willing to lose its markers on effectiveness or adjust its current visions. In addition, when we realise that its terrorist propaganda settings are below nominal, we see that the system needs more than an overhaul, it needs a separate dashboard of flags as to ascertain the volatility of the advertisement space used and that is merely when it is set to advertisement. When we consider the ISIS 2016 recruitment video (removed in late 2017) that was on Heavy.com, we now see a new iteration. What happens when it is not some extreme violence advertisement? What if it is merely fake news and false advertisement? The only way to get through that is to start mapping the users propagating this, there is no other alternative. Let the user face the accountability of their use of ‘free speech‘, the moment it clearly intersects with defamation and liable acts, that is the first moment that the waves of prosecution will warrant the user to start acting responsibly.

I am willing to take it one step further; the user needs to become Business Intelligence aware, all of them, no matter how artsy their stand is. If our ‘survival’ require us to be aware of the value we represent, we suddenly grow an interest in what we propagate is when we start cleaning a system, so these 500+ members (friends) we have, whilst we need to remember that 150 of them were because we needed ‘stuff’ from Farmville, at that point we will start cleaning our accounts and the interactions we have. When we have clean accounts a lot of fake news will start limiting itself to a small circle of ‘facilitators’ and as such the issue becomes a much smaller issue. As the circle decreases, those people abusing advertisements and propagate messages will learn that the effort to grow will take much more effort and as such it will become a lot less rewarding to do so, in addition, as the circle is smaller, it will be the actual circle of those embracing either fake news and extremism, the fake news people will isolate themselves more and more and the extremism people will be more readily identifiable.

So as Facebook is holding onto ‘Twice as much as in the previous quarter‘ I am willing to speculate that they aren’t even close to 25%, that means that their extremism message is still getting through and until Facebook changes their ways, the issue is unlikely to ever be resolved. Now, that does not mean that Facebook is willing to facilitate for them, it merely means that the changes in the propagation through messages, false posts and/or advertisements needs a massive overhaul.

So as we accept the Independent with “It noted that “bad actors have long tried to use” the internet for nefarious ends, noting that white supremacists and al-Qaeda have for decades sought to disseminate their ideologies online“, as well as ““While the challenge of terrorism online isn’t new, it has grown increasingly urgent as digital platforms become central to our lives”, the post said“. We need to see that there is a lot more to be done. That evidence is seen (at https://thenextweb.com/hardfork/2018/04/09/cryptocurrency-ads-facebook), where we see: “The worst part is that the trick is ridiculously simple: all it takes to circumvent the crypto currency ad ban on the popular social media platform is to avoid using any of the forbidden terms. This is why some marketers have begun strategically abbreviating the word “cryptocurrency” to “c-currency” – and other similar variations“, this in itself is could be partially aided by making the advertisers details open and public. When we consider the news ‘the people have a right to know’, then the people have an equal right to be aware of who is trying to ‘sell’ them that information, when those people can no longer hide, they will optionally start receiving the documents for reparations. Yet this all depends on Facebook being willing to change their model in the first place, it will up the quality of their Business Intelligence data as well as the result. It is likely that they will lose thousands of customers with $100 to spend, yet in light of the damage that they are causing now, that loss should be no more than a mere drop of water on a hot plate, the benefits should outweigh anything else in the long run. In addition, how can you have any faith in any product or solution whilst the seller is trying to hide their identity? How does that make sense?

The nice part is that hitting Fake News, not merely some ‘white supremacist’ trying to push their ideology, when we start seeing trolls and “When Storm Harvey displaced thousands in Texas, US, in August, a Canadian imam had to point out he had never been to the state after he was accused of closing his mosque’s doors to Christian victims in a fake story been shared more than 126,000 times“, we need to consider that they either found 125,000+ gullible idiots, or that the issue is a lot larger than we can imagine. That issue is seen in the BBC article (at http://www.bbc.com/news/blogs-trending-42724320), where we see “The young people in Veles may or may not have had much interest in American politics, but because of the money to be made via Facebook advertising, they wanted their fiction to travel widely on social media. The US presidential election – and specifically Donald Trump – was (and of course still is) a very hot topic on social media“, which means that greed propagated a direct impact on Fake News as well as skew the Business Intelligence results. So why pay anything at all? It seems that if people have an interest in informing the audience they will and there is every likelihood that not paying anything could have prevented up to at least 75% of ‘locals launched at least 140 US politics websites’, there will always be a select group of jokers, but a mere cost effective cut might have prevented 75% of the damage others faced by not paying those jokers. When we accept that I am not the most intelligent person on the planet (I actually am, but for the moment, let’s just assume I am not), how come that no one in Facebook handed this option? It is all about the money and in that stride we see mistake after mistake, the toll of greed. that is the true fight Mark Zuckerberg faces and let’s be honest, if he (and his wife) bank a mere billion, they will have enough to live an extremely comfortable life. All these issues seem to exist merely because of greed facilitation. I will let you decide how hot the waters are that Zuckerberg needs to navigate, but as the lawsuits are piling up, making the details of every advertiser known might be a first step to change it all for the better for everyone involved, well except the advertisers that is. As the Business Intelligence value goes up he might attract a whole range of other businesses, a group of people that are proud to propagate their brand, their product and their value.

It is a radical idea, but then, I was always a rebel rouser, if only to make people face the value they could have, not the value that other people say they might have.

 

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Waking up 5 years late

I have had something like this, I swear it’s true. It was after I came back from the Middle East, I was more of a ‘party person’ in those days and I would party all weekend non-stop. It would start on Friday evening and I would get home Sunday afternoon. So one weekend, I had gone through the nightclub, day club, bars and Shoarma pit stops after which I went home. I went to bed and I get woken up by the telephone. It is my boss, asking me whether I would be coming to work that day. I noticed it was 09:30, I had overslept. I apologised and rushed to the office. I told him I was sorry that I had overslept and I did not expect too much nose as it was the first time that I had overslept. So the follow up question became “and where were you yesterday?” My puzzled look from my eyes told him something was wrong. It was Tuesday! I had actually slept from Sunday afternoon until Tuesday morning. It would be the weirdest week in a lifetime. I had lost an entire day and I had no idea how I lost a day. I still think back to that moment every now and then, the sensation of the perception of a week being different, I never got over it, now 31 years ago, and it still gets to me every now and then.

A similar sensation is optionally hitting Christine Lagarde I reckon, although if she is still hitting the party scene, my initial response will be “You go girl!

You see with “Market power wielded by US tech giants concerns IMF chief” (at https://www.theguardian.com/business/2018/apr/19/market-power-wielded-by-us-tech-giants-concerns-imf-chief-christine-lagarde) we see the issues on a very different level. So even as we all accept “Christine Lagarde, has expressed concern about the market power wielded by the US technology giants and called for more competition to protect economies and individuals”, we see not the message, but the exclusion. So as we consider “Pressure has been building in the US for antitrust laws to be used to break up some of the biggest companies, with Google, Facebook and Amazon all targeted by critics“, I see a very different landscape. You see as we see Microsoft, IBM and Apple missing in that group, it is my personal consideration that this is about something else. You see Microsoft, IBM and Apple have one thing in common. They are Patent Powerhouses and no one messes with those. This is about power consolidation and the fact that Christine Lagarde is speaking out in such a way is an absolute hypocrite setting for the IMF to have.

You see, to get that you need to be aware of two elements. The first is the American economy. Now in my personal (highly opposed) vision, the US has been bankrupt; it has been for some time and just like the entire Moody debacle in 2008. People might have seen in in ‘the Big Short‘, a movie that showed part of it and whilst the Guardian reported ““Moody’s failed to adhere to its own credit-rating standards and fell short on its pledge of transparency in the run-up to the ‘great recession’,” principal deputy associate attorney general Bill Baer said in the statement“, it is merely one version of betrayal to the people of the US by giving protection to special people in excess of billions and they merely had to pay a $864m penalty. I am certain that those billionaires have split that penalty amongst them. So, as I stated, the US should be seen as bankrupt. It is not the only part in this. The Sydney Morning Herald (at https://www.smh.com.au/business/the-economy/how-trump-s-hair-raising-level-of-debt-could-bring-us-all-crashing-down-20180420-p4zank.html) gives us “Twin reports by the International Monetary Fund sketch a chain reaction of dangerous consequences for world finance. The policy – if you can call it that – puts the US on an untenable debt trajectory. It smacks of Latin American caudillo populism, a Peronist contagion that threatens to destroy the moral foundations of the Great Republic. The IMF’s Fiscal Monitor estimates that the US budget deficit will spike to 5.3 per cent of GDP this year and 5.9 per cent in 2019. This is happening at a stage of the economic cycle when swelling tax revenues should be reducing net borrowing to zero“. I am actually decently certain that this will happen. Now we need to look back to my earlier statement.

You see, if the US borrowing power is nullified, the US is left without any options, unless (you saw that coming didn’t you). The underwriting power of debt becomes patent power. Patents have been set to IP support. I attended a few of those events (being a Master of Intellectual Property Law) and even as my heart is in Trademarks, I do have a fine appreciation of Patents. In this the econometrics of the world are seeing the national values and the value of any GDP supported by the economic value of patents.

In this, in 2016 we got “Innovation and creative endeavors are indispensable elements that drive economic growth and sustain the competitive edge of the U.S. economy. The last century recorded unprecedented improvements in the health, economic well-being, and overall quality of life for the entire U.S. population. As the world leader in innovation, U.S. companies have relied on intellectual property (IP) as one of the leading tools with which such advances were promoted and realized. Patents, trademarks, and copyrights are the principal means for establishing ownership rights to the creations, inventions, and brands that can be used to generate tangible economic benefits to their owner“, as such the cookie has crumbled into where the value is set (see attached), one of the key findings is “IP-intensive industries continue to be a major, integral and growing part of the U.S. economy“, as such we see the tech giants that I mentioned as missing and not being mentioned by Christine Lagarde. It is merely one setting and there are optionally a lot more, but in light of certain elements I believe that patents are a driving force and those three have a bundle, Apple has so many that it can use those patents too buy several European nations. IBM with their (what I personally believe to be) an overvalued Watson, we have seen the entire mess moving forward, presenting itself and pushing ‘boundaries’ as we are set into a stage of ‘look what’s coming’! It is all about research, MIT and Think 2018. It is almost like Think 2018 is about the point of concept, the moment of awareness and the professional use of AI. In that IBM, in its own blog accidently gave away the goods as I see it with: “As we get closer to Think, we’re looking forward to unveiling more sessions, speakers and demos“, I think they are close, they are getting to certain levels, but they are not there yet. In my personal view they need to keep the momentum going, even if they need to throw in three more high exposed events, free plane tickets and all kinds of swag to flim flam the audience. I think that they are prepping for the events that will not be complete in an alpha stage until 2020. Yet that momentum is growing, and it needs to remain growing. Two quotes give us that essential ‘need’.

  1. The US Army signed a 33-month, $135 million contract with IBM for cloud services including Watson IoT, predictive analytics and AI for better visibility into equipment readiness.
  2. In 2017, IBM inventors received more than 1,900 patents for new cloud technologies to help solve critical business challenges.

The second is the money shot. An early estimate is outside of the realm of most, you see the IP Watchdog gave us: “IBM Inventors received a record 9043 US patents in 2017, patenting in such areas as AI, Cloud, Blockchain, Cybersecurity and Quantum Computing technology“, the low estimate is a value of $11.8 trillion dollars. That is what IBM is sitting on. That is the power of just ONE tech giant, and how come that Christine Lagarde missed out on mentioning IBM? I’ll let you decide, or perhaps it was Larry Elliott from the Guardian who missed out? I doubt it, because Larry Elliott is many things, stupid ain’t one. I might not agree with him, or at times with his point of view, but he is the clever one and his views are valid ones.

So in all this we see that there is a push, but is it the one the IMF is giving or is there another play? The fact that banks have a much larger influence in what happens is not mentioned, yet that is not the play and I accept that, it is not what is at stake. There is a push on many levels and even as we agree that some tech giants have a larger piece of the cake (Facebook, Google and Amazon), a lot could have been prevented by proper corporate taxation, but that gets to most of the EU and the American Donald Duck, or was that Trump are all about not walking that road? The fact that Christine has failed (one amongst many) to introduce proper tax accountability on tech giants is a much larger issue and it is not all on her plate in all honesty, so there are a few issues with all this and the supporting views on all this is not given with “Lagarde expressed concern at the growing threat of a trade war between the US and China, saying that protectionism posed a threat to the upswing in the global economy and to an international system that had served countries well“, it is seen in several fields, one field, was given by The Hill, in an opinion piece. The information is accurate it is merely important to see that it has the views of the writer (just like any blog).

So with “Last December, the United States and 76 other WTO members agreed at the Buenos Aires WTO Ministerial to start exploring WTO negotiations on trade-related aspects of e-commerce. Those WTO members are now beginning their work by identifying the objectives of such an agreement. The U.S. paper is an important contribution because it comprehensively addresses the digital trade barriers faced by many companies“, which now underlines “A recent United States paper submitted to the World Trade Organization (WTO) is a notable step toward establishing rules to remove digital trade barriers. The paper is significant for identifying the objectives of an international agreement on digital trade“. This now directly gives rise to “the American Bar Association Section of Intellectual Property Law also requested that the new NAFTA require increased protections in trade secrets, trademarks, copyrights, and patents“, which we get from ‘Ambassador Lighthizer Urged to Include Intellectual Property Protections in New NAFTA‘ (at https://www.jdsupra.com/legalnews/ambassador-lighthizer-urged-to-include-52674/) less than 10 hours ago. So when we link that to the quote “The proposals included: that Canada and Mexico establish criminal penalties for trade secrets violations similar to those in the U.S. Economic Espionage Act, an agreement that Mexico eliminate its requirement that trademarks be visible, a prohibition on the lowering of minimum standards of patent protection“. So when we now look back towards the statement of Christine Lagarde and her exclusion of IBM, Microsoft and Apple, how is she not directly being a protectionist of some tech giants?

I think that the IMF is also feeling the waters what happens when the US economy takes a dip, because at the current debt levels that impact is a hell of a lot more intense and the games like Moody’s have been played and cannot be played again. Getting caught on that level means that the US would have to be removed from several world economic executive decisions, not a place anyone in Wall Street is willing to accept, so that that point Pandora’s Box gets opened and no one will be able to close it at that point. So after waking up 5 years late we see that the plays have been again and again about keeping the status quo and as such the digital rights is the one card left to play, which gives the three tech giants an amount of power they have never had before, so as everyone’s favourite slapping donkey (Facebook) is mentioned next to a few others, it is the issue of those not mentioned that will be having the cake and quality venison that we all desire. In this we are in a dangerous place, even more the small developers who come up with the interesting IP’s they envisioned. As their value becomes overstated from day one, they will be pushed to sell their IP way too early, more important, that point comes before their value comes to fruition and as such those tech giants (Apple, IBM, and Microsoft) will get an even more overbearing value. Let’s be clear they are not alone, the larger players like Samsung, Canon, Qualcomm, LG Electronics, Sony and Fujitsu are also on that list. The list of top players has around 300 members, including 6 universities (all American). So that part of the entire economy is massively in American hands and we see no clear second place, not for a long time. Even as the singled out tech giants are on that list, it is the value that they have that sets them a little more apart. Perhaps when you consider having a go at three of them, whilst one is already under heavy emotional scrutiny is perhaps a small price to pay.

How nice for them to wake up, I merely lost one day once, they have been playing the sleeping game for years and we will get that invoice at the expense of the futures we were not allowed to have, if you wonder how weird that statement is, then take a look at the current retirees, the devaluation they face, the amount they are still about to lose and wonder what you will be left with when you consider that the social jar will be empty long before you retire. The one part we hoped to have at the very least is the one we will never have because governments decided that budgeting was just too hard a task, so they preferred to squander it all away. The gap of those who have and those who have not will become a lot wider over the next 5 years, so those who retire before 2028 will see hardships they never bargained for. So how exactly are you served with addressing “‘too much concentration in hands of the few’ does not help economy“, they aren’t and you weren’t. It is merely the setting for what comes next, because in all this it was never about that. It is the first fear of America that counts. With ‘US ponders how it can stem China’s technology march‘ (at http://www.afr.com/news/world/us-ponders-how-it-can-stem-chinas-technology-march-20180418-h0yyaw), we start seeing that shift, so as we see “The New York Times reported on April 7 that “at the heart” of the trade dispute is a contest over which country plays “a leading role in high-tech industries”. The Wall Street Journal reported on April 12 that the US was preparing rules to block Chinese technology investment in the US, while continuing to negotiate over trade penalties“, we see the shifted theatre of trade war. It will be about the national economic value with the weight of patents smack in the middle. In that regard, the more you depreciate other parts, the more important the value of patents becomes. It is not a simple or easy picture, but we will see loads of econometrics giving their view on all that within the next 2-3 weeks.

Have a great weekend and please do not bother to wake up, it seems that Christine Lagarde didn’t bother waking up for years.

 

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Physical vs Virtual (part2)

In part 2 we look at the virtual aspect in all this and for that we need to take a look at the other part of the equation, and see where the interaction ended up, because that is also a matter that truly counts.

Virtually

It started way before now, but the now gives us ‘Facebook moves 1.5bn users out of reach of new European privacy law‘ (at https://www.theguardian.com/technology/2018/apr/19/facebook-moves-15bn-users-out-of-reach-of-new-european-privacy-law). You see the law is one thing, yet in all this, when we see “Facebook has moved more than 1.5 billion users out of reach of European privacy law, despite a promise from Mark Zuckerberg to apply the “spirit” of the legislation globally“, was anything illegal done? When we see: “when asked whether his company would promise GDPR protections to its users worldwide, Zuckerberg demurred. “We’re still nailing down details on this, but it should directionally be, in spirit, the whole thing,” he said“, did he lie?

Those are the immediate questions. The General Data Protection Regulation (GDPR), the EU in this gives us “replaces the Data Protection Directive 95/46/EC and was designed to harmonize data privacy laws across Europe, to protect and empower all EU citizens data privacy and to reshape the way organizations across the region approach data privacy“, so the people created their account long before these privacy issues were there. They never cared for the longest time, as long as the US government didn’t get any data and when we respond to pornographic images and videos on social media, oh no, that was not us, that was merely Gavin Barwell (see part 1), in a time when his mind should have been all other kinds of matters. Ah well, we all have an itch now and then. Yes, it is that itch, because we are all on social media for some reason, to share, to look, to listen and to judge. Some of them actually communicate, and that has also been proven so communication on social media is not a fab. So when we see the EU site on the GDPR: “the biggest change to the regulatory landscape of data privacy comes with the extended jurisdiction of the GDPR, as it applies to all companies processing the personal data of data subjects residing in the Union, regardless of the company’s location. Previously, territorial applicability of the directive was ambiguous and referred to data process ‘in context of an establishment’. This topic has arisen in a number of high profile court cases. GPDR makes its applicability very clear – it will apply to the processing of personal data by controllers and processors in the EU, regardless of whether the processing takes place in the EU or not“, the first thing we see is that social media has no business having offices or processing data in the EU, that basically is the signal for Facebook to vacate using the ASAP protocol and they did just that. And Mark Zuckerberg did it all in the spirit of it all, it is just not what was expected and the Senate hearing just gave themselves (allegedly) access to de data to nearly all the European users. the second part gives us “The GDPR will also apply to the processing of personal data of data subjects in the EU by a controller or processor not established in the EU, where the activities relate to: offering goods or services to EU citizens (irrespective of whether payment is required) and the monitoring of behaviour that takes place within the EU. Non-Eu businesses processing the data of EU citizens will also have to appoint a representative in the EU“, so with ‘monitoring of behaviour that takes place within the EU‘, is a much larger issue and Alex Hern makes no mention of this anywhere in the article (that is not an accusation), merely that Facebook has moved the data and that the people in the EU have less rights under US law. Was that not always the case? Was that not the initial setting when Facebook started? So when we read “This is a major and unprecedented change in the data privacy landscape. The change will amount to the reduction of privacy guarantees and the rights of users, with a number of ramifications, notably for consent requirements“, which we get from Privacy researcher Lukasz Olejnik, we actually do not get anything new, because the GDPR would not have been enforced until next month, so there! (OK, not an entirely justified outcry, but I am feeling batty)

In all this the missed issue of monitoring is actually a lot larger for some and those boasting on what they bought on the dark net (some people remain simple on every level) will have a few repercussions, yet in all this when it regards Cambridge Analytica, we see all kinds of media exploitations, rumours, alleged actions, yet no arrests, no one in the dock and still the entire mess is merely focussed on Facebook. We have seen news on a massive amount of apps collecting data, smart toys, and with the upcoming 5G, the RFID and mobile tag as well as device tags will be an exponentially growing data market with the entire Fortune 500 chomping at the bits to get their fingers on that data, yet at present the legislation has been faulty at best and nominally missing completely. All that because the people give it all away willingly, that is what the next fridge with a £250 discount will warrant, as did the 2016 Sony Smart TV as just about all following models. that is not a joke, you agreed to this when you bought the TV,

it is in the end users license agreement and they are not alone, it is a massive list of corporation that are doing this and the media was, yet they were largely silent about it and the Sony issue in 2012, where the media is what I would personally label as: ‘whoring for advertisement options‘ instead of informing 30 million consumers on the change and its impact, is what still has my nostrils flaring 6 years later and I am an actual Sony fan.

So as we see how we are singularly focussed on where our personal data is and not what we allowed it to be used for, especially as it came with the free use of Facebook, we all need to accept that nothing is for free and the corporation requires its return of investment, well in the case of Facebook merely 60 billion. Where did you think that value came from? Watching advertisement? In that Facebook and google are largely alike. So in these issues in the physical and virtual side, we are short on memory, too large on emotions and unclear on how to make the houses of Lords and Commons more accountable for the matters at hand. Even as they cannot prevent you from staying with Facebook, we all have been failed by legislation that was too slow and MP’s that are showing to be lacking the necessary skills to do something successfully. It would be so lovely if Sir Martin Moore-Bick would be kind enough to show both matters, because it would have a much larger impact. Even as we see, (what I would personally call) the failed false promises of Jeremy Corbyn regarding housing, with: “One million new “genuinely affordable homes” over a decade, mostly for social rent. That’s not quite 1m new council houses – a chunk of these would be delivered by housing associations – but it gets very close” is also a Porky Pie of the largest order. You merely have to look at google Maps to see that there is no place for even 30% of that in London, so will they mostly be in Wales, Penzance, Brighton and Scarborough? In addition, none of the sides of the houses
(Lords or Commons) have successfully done anything to make a change, regarding leasehold which will drive the entire social housing matter further and 1,000,000 houses will not nearly be enough. So, back to the Virtual part, because that is still central in this. In that part I have to thank the realtor Harcourts for bringing the juice.

You see, with: “NPP1 – Collection of Information; Agencies are prohibited from collecting personal information unless it is necessary for one or more of its functions. Personal data should only be collected in a lawful, fair, and not unreasonably obtrusive way. The agency must disclose certain information at the point of collection“, yet in all this the terms: ‘unless it is necessary for one or more of its functions‘ gives a much wider scope, does it not? In addition, with ‘only be collected in a lawful, fair, and not unreasonably obtrusive way‘. So when they (the real estate in general) offer a £199 rebate for registering you as the leasehold owner, how many people do you think that will consider it necessary and not unreasonable? It merely needs to satisfy one function and the deed is covered with the mantle of opportunity. In addition we see “Personal and sometimes sensitive information may be collected and stored on standard real estate industry forms, such as tenancy applications, listing forms, etc. These need to be secured and available for inspection by customers“, so when did you look at what some call the RP Database? In Australia there is a firm CoreLogic and it has a product called RP Data Professional. In all this we see: “RP Data Professional is the leading property data solution used by property professionals in Australia. Prepare reports for prospects and clients, generate value estimates, verify information and conduct valuable research and highly targeted marketing. Packages starting from $150 / month“. It is widely used by debt collecting agencies as well as realtors. You would be surprised to see all that data and what every address offers. Do you think that they are the only ones? Data is gold, it is the printer that allows you to print your own money and for the most it is massively unchecked. Now, I know that RP Data is merely a facilitator in all this, all perfectly valid, and nothing illegal. Yet when we consider ABC in 2016 with “The Reserve Bank has taken the highly unusual step of switching its preferred home value data, arguing that CoreLogic’s figures overstated price growth in April and May due to a methodology change“, so as you see the data goes a lot further and for the most the people, the tenants and Real Estate seekers are totally unaware of such parts and in all this do you think that the UK does not have its own options. In all this, with the explosive cladding issues, did you not think that the clad dealers were not tailoring to ‘property value increase at minimum costs’? This goes a lot wider in several lanes and the sudden much larger issue of cladding is almost not looked at (I did say almost).

So when we see “CoreLogic’s head of research Tim Lawless acknowledged that the changes to the index may have temporarily bumped up the figures for a couple of months. However, he said other data indicate that those two months were still relatively strong for Sydney and Melbourne housing sales” we forget to look at the aligned indications and what else is setting the pass in all this. Even as the last parts were the Australian side of this, CoreLogic is also active in the UK. In this no one seems to have talked to CoreLogic to see if the cladding industry has been given (through subscription) access to the UK RP Database. Is that not interesting too? You see, when we accept the January setting of “Just three tower blocks out of almost 300 with the same “dangerous” and “flammable” cladding as Grenfell Tower have had panels taken down and replaced“, how come the number of buildings is so high? Are all cladding providers so very bad, or was there a very intelligent salesperson selling cladding to the right people, when the timing was just right? I am fairly certain that this part of the conversations has not been showing up anywhere.

The virtual side to the Grenfell disaster was not seen, perhaps that part was immaterial at that time, yet when we see 297 tower blocks in a serious setting of harm, with the initial setting of finding the proper candidates, have we considered that corporate social media (like LinkedIn) could be used to get the goods (in alleged Cambridge Analytica style) to create fear in other ways? A lack of value versus a larger valuation set against a minimal investment. You show me a person who turns that down and I will introduce you to a person who is very aware of the concept of dishonesty.

You see, we have seen for the better part of 5 years the notion of taking fear from the workplace, usually in the style of ‘Corporate Leaders Must Remove Fear Factor from the Workplace‘, which we get from the Huffington Post (at https://www.huffingtonpost.com/mary-prefontaine/corporate-leaders-must-re_1_b_1437445.html) as early as 2012, so when we see “As reported in the Harvard Business Review, employees faced with incivility are likely to narrow their focus to avoid risks, and lose opportunities to learn in the process. Obviously this impacts their level of personal success and the success of the organization“, yet in equal measure, those actors never considered to take the fear factor out of the boardrooms, which are forever ruled by the bottom line and in that respect there is very little difference between a corporate boardroom, or places like the Kensington and Chelsea TMO, which has one bottom line, which is the value of housing and the rise of values of upcoming new housing. So now, the entire Metro section we saw in part one with ‘Cladding added to Grenfell Tower to ‘improve view for nearby luxury flats‘ it makes a whole lot more sense does it not? It is my personal view and opinion, yet in all that data was at the very Core and Logic of it all (pun intended). So when you think the Facebook data is an issue, guess again. The issue is a lot bigger, wider and more exploitable at the expense of yourself of course) than you would have thought.

All within the considerate view of those not looking at any of this, and you think I went deep here? I merely touched the surface and I will be very surprised if the public inquiry touches on any of those matters, not because they do not want to, but because the legal scope is unlikely to be there, as it would have been in the emotional seeking justice side. I guess that it is one of the questions that certain councils do not want to answer, so making sure that the question is not asked will be a first priority for all of them, because if it does get to the table, those who want to stiff Leaseholders with a £40,000 bill might optionally end up being not so successful and there is every indication that a fair chunk of those 297 tower blocks are currently facing a similar dilemma.

That is just my thought on the matter, and in all this, when you start realising the issues at hand and the time that this has taken, in addition that I saw some in minutes a few more in hours and one or two through my decades of data experience, are you not surprised that the elected officials remained in the dark? I know I am one of the better ones on the planet, but I know close to a dozen equal or better than me, many living in London. Do you actually think that some were in the dark or are they allegedly keeping themselves ignorant? In that case, if more happens, how many lives was the price of that ignorance? Can we afford to find out?

I’ll leave you with those questions, have a great Friday and do try to enjoy the weekend!

 

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Physical vs Virtual (part1)

The Guardian has two elements today; they are not connected, not in any way. Yet they are both important and they do connect in other ways and that part is actually a lot more important than you think, let’s take a look at part 1.

Physicality

To upset the reader, I will start with ‘On 14th June 2017 there was a clambake in North Kensington!‘ 71 people lost their lives and an almost equal number of people were seriously injured. I have written about it in previous blogs in both June and September 2017. It was renovated and that job was completed in 2016. Now, I can give you all the names, but the names actually do not matter at present, the issue of renovation was however more important. An interesting and slightly more important part is ‘the then housing Minister Gavin Barwell, refused requests for meetings‘, we will look at him later. You see there is an even larger issue, not the obvious ones, the ones I gave in June 2017 showing that there was published evidence that the entire choice of purchase was already a hazard by the selling company. No, it gets worse ‘Cladding added to Grenfell Tower to ‘improve view for nearby luxury flats’‘, this is what the Metro gave on June 14th 2017. Charles White had the scoop. We can also take the view “Grenfell Tower was built in 1974 and housed low-income families in Latimer Road, North Kensington“, so the cladding was added to make their presence less sickening to those around them. Well, as Roman candles go, those rich neighbours really had one ready for the victims of Grenfell didn’t they? In all this, and all the fuck ups that were saw, witnessed and in equal measure saw the media partially avoid, did no one see the brochure where we saw “It’s perfect for new and retrofit projects less than 40 feet (three stories) high“, the mere setting in the brochure and these highly paid individuals never bothered to ask the question and get on paper the certification for a 24 storey building? So how about the extension of 21 floors? It would be on top of my mind, but then I am not a graduated civil engineer. I merely don’t trust anyone trying to sell me ‘a great deal‘, not without proper investigation. So when I read ‘Leaseholders of flats face £40,000 bills over Grenfell type cladding‘ (at https://www.theguardian.com/uk-news/2018/apr/19/leaseholders-of-flats-face-40000-bills-over-grenfell-type-cladding). I wonder who should pay for all this, the luxury flat neighbours (implied that they pushed for a ‘better view’, they certainly got that whilst the fire brigades required 60 hours to fully stop the fires and close to 48 hours to remove the charcoal cadavers that used to be tenants in that building. Is this description upsetting you and making you angry? Good! I want you to be angry, because there is a systemic failure in the London boroughs when it comes to housing and it is still there. So whilst we see that Gavin might be all about ‘How to Win a Marginal Seat: My Year Fighting For My Political Life‘ and less about meeting with people who have genuine concerns on the safety of their lives, a person who was Minister for London as well as Minister of State for Housing and Planning seemed to have been in the middle of it all AFTER the renovation. So, even as his reign was flawed by not acting, we equally need to put Brandon Lewis, now the Chairman of the Conservative Party, as well as Kris Hopkins, who is now Parliamentary Under Secretary of State Northern Ireland Office in the spotlight. Even as Gavin has the gavel of dumbness, he was not there when it started and that has to be acknowledged in equal measure. The entire cladding issue is a mess from a civil, an engineering a political and a legal aspect. It is rare for something like that to fail on pretty much every level. That and a few other matters give rise to a much larger investigation, because if I can get angry and demand investigations into the EU gravy train, my anger on this mess needs to be even greater. And there is a growing number of pieces of evidence. With the ‘2009 Lakanal House fire, in Camberwell, South London, six died and at least twenty injured‘, the Guardian reported (at https://www.theguardian.com/uk-news/2017/feb/24/southwark-council-admits-safety-failings-tower-block-lakanal-house-blaze), in February 2017, LONG BEFORE THE GRENFELL FIRE, reported ‘Southwark council pleads guilty over worst ever tower block fire‘, that alone should have pushed Gavin Barwell into action, yet there we see ehhh… nothing. There was a big nothing done, even a blogger who got told “The council had threatened the Grenfell Action Group with legal action in 2013 in a bid to prevent the group criticising the council, saying that such criticism amounted to “defamation and harassment”.” Again it is the Metro who gives us “The letter, which was allegedly sent in 2013, was sent by a solicitor working for Kensington Town Hall“, so can we please see the name of that solicitor published as well as the people he was representing? You see, that letter was in response from someone and we should be told who that someone was. In addition, me, myself, I and a whole range of people, including family members of the charcoaled tenants will have some loud questions for that person. In this we end up with even more questions as ‘Robert Black, the Chief Executive of KCTMO, the Kensington and Chelsea Tenant Management Organisation responsible for managing Grenfell Tower on behalf of the council‘, which the Independent gave us is according to the Coventry Telegraph. You see, when we consider the mess already in place, and we accept that Retired Court of Appeal judge Sir Martin Moore-Bick is the appointed legal person to lead the public inquiry. How can anyone accept “The board wishes to ensure that KCTMO remains best positioned to fully co-operate and assist with the inquiry and so it has agreed with its chief executive, Robert Black, that Mr Black should step aside from his role as chief executive of KCTMO in order that he can concentrate on assisting with the investigation and inquiry“, in this the quote “The welfare of the residents of KCTMO remains the primary concern of the board” reads like a joke, 4 years of inaction, 4 years to miss what I saw in 5 minutes and three more facts of endangering the people living in Grenfell, which I found within the 30 minutes after that. In all this there is every chance that Robert Black is all about making sure that some questions are not asked and that some pieces of evidence are ‘not to be shown to the prosecution‘, the last part is merely speculation on my side, yet I wonder if anyone will be able to prove me wrong in the end.

So as we now get back to the other building where: “Residents of 80 flats whose freeholds are managed by a company owned by David Cameron’s half brother-in-law are each facing bills of up to £40,000 because the building is clad with flammable panels similar to those used on Grenfell Tower, in London“, I am less concerned who is a family member of who. I am more interested in the entire timeline on how cladding was chosen and how it was approved. If there is one clear timeline in evidence than it is the one where it is more and more clear that those connected to Grenfell were utterly incompetent, or they just didn’t know what they were doing. So even as all these boroughs will carry the weight of the Grenfell victims, we need to see the clear timeline for each building separately and in that Dominic Raab, the now Minister of State for Housing and Planning, is handed the nightmare scenario of a lifetime. Yet in all this, if he can pull through and improve the mess we are facing now, he won’t just meet with happy tears of joy from those around him, he could show that when true justice is found and that the matters are strong set in both legislation and borough procedure, there is every chance that his ascension as a future Prime Minister is not out of the question. For one man to show the failure of years of predecessors (with Alok Sharma being optionally acquitted to some extent in all this) there will be shouts of joy. I intentionally set Alok Sharma in that light because even as the surviving tenants of Grenfell have been failed in several ways, we need to be honest and fair and assess what resources Alok Sharma had available. I actually do not have those details or access to that data. As such I refuse to paint him in the same colours that his predecessors deserve. And the mess is still not over, that is seen (at https://www.lgcplus.com/services/housing/kensington-and-chelsea-too-slow-to-rehouse-grenfell-survivors/7023801.article) where we get the following parts all together making the mess even more severe.

  • Mr Raab said: “[There are] 208 households that require housing – of which, 59 have accepted temporary accommodation and 60 are in permanent accommodation.” That is up 16 since 25 January.
  • Ms Dent Coad said: “In November, we were told there were 209 displaced households, but I was given the true figures from the council’s housing department which was 376. “There’s just a total mismatch, originally we were told displaced people made homeless was 863 so these figures have been washed, let’s just put it like that.”
  • “There’s just a total mismatch, originally we were told displaced people made homeless was 863 so these figures have been washed, let’s just put it like that.” Housing and communities secretary Sajid Javid responded saying Ms Dent Coad’s statistics referred to the wider estate and not the Grenfell tower and walkway alone.

So we have Emma Dent Coad, the MP for Kensington, Dominic Raab, now Minister of State for Housing and Planning and Housing and communities secretary Sajid Javid needing to explain in the Local Government Chronicle that on one matter Emma Dent Coad and Dominic Raab cannot communicate in the same version of English, it merely is an exercise in miscommunication, and there is an issue of mistrust from the tenants? I am not at all surprised, merely surprised that a gang with pitchforks and torches have not moved in to deal with black magic and witchcraft, for such levels of miscommunication pretty much warrants that, especially if Robert Black ends up being related to the other Black family, something JK Rowling mentioned in some way in the recent past (that was a funny, for those who cannot read between the lines).

It is an almost intolerable mess and it seems that other buildings, especially the overreacting and not properly investigating management firms are now crying fowl (in the end someone has to be the Turkey in all this) and lashing the bills on anyone’s desk (allegedly) where they could possible pass the buck (read: £40,000). All this in a setting of physicality of events, paper trails that are either so murky that a team of barristers cannot decipher it and half-baked agreements where it is unclear if the tenants were ever properly informed. Finally in this matter there is Sir Martin Moore-Bick. That side is important when we see (at http://www.bbc.com/news/uk-40491449), you see, I disagree. There is absolutely no case for “Labour’s Emma Dent Coad said Sir Martin Moore-Bick was “a technocrat” who lacked “credibility” with victims“, this is about the law. And someone like Emma Dent Coad, who got elected with a 0.05% margin (20 votes) with merely a degree from the Royal College of Art with an MA in History of Design has no real setting to judge on law does she? At least I myself do have two law degrees, one of them a master degree (they are Australian though) as well as a graduate degree in Internet working, so I am at least also technologically savvy. In addition the BBC piece gives us nothing more than the focus on one overturned case. I think that ignoring the 20 years as a judge of the Commercial Court and Court of Appeal warrants his appointment. The entire labour arsenal is all shouting to ‘connect’ to people, yet to properly investigate all matters; it is a step of legislation and logic, not emotion. Is there a better person to head the inquiry? I do not know, but in equal measure there is no evidence that he is the wrong person. In all as it comes to law and optional lack thereof, there is absolutely no evidence that Emma Dent Coad is qualified to be an MP; she was merely elected as Member of Parliament for Kensington. Sir Martin Moore-Bick is overly qualified as a judge, it is the distinction that makes the setting, and her ‘miscommunication‘ quoted earlier should give additional doubt to her point of view in all this.

 

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