Category Archives: Politics

The stupidity of some

Yes, we all see that and it has repercussions for these people. We might sit on the sidelines laughing, but it shows a dangerous premise, the stupidity of America, the stupidity of some Americans and how they scuttled their own ship called ‘Future of us’ and ‘us’ could also be seen as ‘US’. This is shown in two articles. The first one is from Yahoo Finance. There was a little better NY Times article, but that was behind a paywall, so you would not be able to read the whole text.

The article (at https://news.yahoo.com/disney-cancels-1-billion-florida-185105108.html) gives us ‘Disney Cancels $1 Billion Florida Expansion’. A setting that came because an idiot (aka Gov. Ron DeSantis) decided to start a war for a trivial reason. He wanted to ‘Douse the Mouse’ (sorry Brittlestar, this is too good a slogan to pass up). And now Disney has cancelled an expansion where we get “The 10-figure office complex near Walt Disney World would have brought more than 2,000 jobs to the region, according to an estimate from the Florida Department of Economic Opportunity” So not only does this governor rub any fat cat the wrong way. He now has grievance with the Commercial houses of Florida, his Republican back, the Democrats of Florida and a few other people. Along with the 2000 people not getting a job, up to 8 people connected to anyone losing that job, as such he is 25,000-50,000 votes down and there is likely a larger loss for the Republican side. An ego centric stupid act on the premise of perception that should not have existed in the first place. It is stupid for a few reasons more. The American have alienated Saudi Arabia, optionally the UAE, Egypt and Lebanon as well. Billions in defence industry is now going to China, building contracts in Syria and Saudi Arabia are now going to China, as such the EU and USA are losing out on billions more. The idea that the EU will cater to another Disney-world giving the EU billions more is not out of the question, all money lost to the US, in a stage where they have over 31 trillion in debt. An act too stupid to contemplate and this could have been avoided. In the 70’s my elders taught me ‘Do not bite the hand that feeds you’ and in 1968 we have the premise ‘Money talks, bullshit walks’ and the US seemingly only has walking left. In this day and age I saw the option for millions more in revenue in IT and it will likely go to the UK, the EU (Germany most likely) and Australia (weirdly enough). I am not ruling out Canada, but I know too little about their abilities in that field. Millions more and the list goes on. America dropped well over $5 billion a year on my recent watch alone. And all this before you realise the blunders that signify the USS Zumwalt with its $4 billion expense and the massive drop in abilities. Just to be clear, I am no naval expert, but I dit get a degree in ships engineering and navigation in 1979, so I am not totally in the dark here. The USS Blue Ridge that launched in 1970 outperforms it by a lot and the cost of that rubber ducky is a mere 5% of the failure that the USS Zumwalt represents. I reckon the idea that a congress would not order the smart bullets that the Zumwalt needs (at $800,000 per bullet) might have been the wake up call some people needed. In that environment we get to the second linked article. 

The second article is from the Guardian (at https://www.theguardian.com/business/commentisfree/2023/may/18/us-debt-ceiling-crisis-republicans) and here there is another side. I do not agree. You see, we can listen to the emotional ‘The US debt ceiling crisis is more proof of Republicans’ cynicism and bad faith’. Here I am on the Republican side. There is a folly to let 31 trillion fester and fester to something more. This is a pox on both houses and it has been for well over 25 years when a tax overhaul was needed and we all hear the same BS. Too hard, too complex. Well, they are close to default on whatever they have left and as Disney goes towards the EU they will open more doors. IBM, Adobe, Amazon, Google and Microsoft are already diversifying leaving the US with nothing (well almost nothing). And as they alienated the few allies left they see an exodus to China, China of all places. 

This is the act of stupidity, stupidity on both houses that would not act when they could and now they are in patters of indecision and they are all trying to find fat jobs in global corporations before the house collapses and it is close to collapsing. This, (and a few related items) was why I tried to sell my IP to the Middle East. In the first you go where the money is. In the second you find a place where you can enjoy your golden years. Because as I see it the US will be a very dangerous place to stay soon enough. Over 200 million desperate people? Yes, that is not a place for me and when the energy shortages hit it will get a lot worse soon enough, they had options there too, but they squandered those options in the last 5 years. 

So whilst everyone is pointing at me stating that I am the stupid one (a fair thought to have) consider that my IP was right in at least two cases, optionally two more that are now evolving. Yet I have a few more and they are all destined to go towards places like Huawei and Tencent technologies. And in all honestly between nothing and  few crumbs, ill take the crumbs, especially if that results in a view like below. 

This is not my 39 coins of silver. It is merely a retirement dream that could optionally be true. And what would you do when you have the choice between what I choose and a retirement home without resources? Because that is what the US (EU and UK too) created with their ego driven decision tree.
Dousing the mouse? When was that ever a good idea, especially when it decides to cancel a billion dollar expansion? Will it go to Euro Disney? With the economic setting the French have, that might be a realistic option for the minions of Walt Disney, and the US? Well it made its own bed, to bad for them that as the others leave that sinking ship well over 275,000,000 Americans will be caught in the middle. They had their options and they voted, or they did not vote and lost their right to complain.

Have a great Friday.

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The paper tiger

There is a tiger is the fields, the people aren’t afraid, they aren’t worried because the tiger is a paper one. That is the setting and it came to me from the Guardian. The article (at https://www.theguardian.com/commentisfree/2023/may/14/more-than-300000-syrian-civilians-died-any-attempt-to-rehabilitate-assad-is-utterly-shameful) gives us ‘More than 300,000 Syrian civilians died. Any attempt to rehabilitate Assad is utterly shameful’, is that so? Well, it is a point of view, and Simon Tisdall is not completely wrong, actually he sort of is. I cannot fault him for anything but the reality is a lot less appealing and that is the problem, the less appealing truth behind this. You see no one ever cared about Syria. The west did not because Syria has no economic value, it has no oil, just like Yemen. And for all intents and purposes America is already broke and the EU and Japan are right next to America in this. So whilst we saw the Ghouta chemical attack and we saw the news of what happened on 21 August 2013, almost 10 years ago now. Was something done? A week later investigators looked around and The UN investigation team confirmed “clear and convincing evidence” of the use of sarin delivered by surface-to-surface rockets. Nothing was done. That is the reality and we need to take notice. You see at present Syria is one step away from becoming a Russian satellite state. Now with the Arab League back in the fold they will get some of the rebuilding revenue and it will not all go to Russia, I reckon a better setting. So even as I understand the setting of Simon, making Syria a pariah is a lot worse and that goes nowhere. In addition to all this is that the Yemen side is there too, nothing was done by any of us, only now that the Ukraine is under attack things are done, not enough and not fast enough, but something is done. Basically the world did 100% more in the case of the Ukraine then it did in case of Syria or Yemen. I feel that the west is only acting because the Ukraine with its 21st largest army was able to stop Russia with one of the three largest armies in the world and the losses are adding up for Russia

And these numbers are staggering that the Ukraine with the army and hardware they had were able to pull this off and now the west is starting to become aware that there is no aftermath for them. Germany had been for the longest time been pussyfooting on hardware delivery, only to see that Pro-Russian politicians in Germany were stoping this. American politicians were no better here. In Florida we get “Rep. Matt Gaetz, R-Fla, a leader of a small but vocal wing of isolationist Republicans in the House, has introduced a “Ukraine Fatigue” resolution seeking to end “military and financial aid” to Ukraine.” And he is not alone in the US. America has (in my humble opinion) become a collection of pussies that were nice when they were nothing more than rich bullies, but that is now over, the wealth is gone and as such the field of superpowers is changing. It will soon evolve into a new setting with China (the force), Saudi Arabia (the bank) and India (the consumer), in that stage I want Russia to have as little options as possible and we might not like this, but it beats Russia having satellite nations making things globally worse. To prevent it actions were required, actions that remained absent in the west and that danger is still not over, because Iran is still a consideration and Russia likes a nation with so much anti-American sentiment. As such the evolution that the Arab League is making makes a lot of sense, I prefer these two listening to Saudi Arabia than taking snacks and ‘carefully considered actions’ from Russia, because that will surely make things a lot worse. 

And now as we see more and more technology interactions between Russia and the UAE, economic values will spread all over the Middle East, which is good. Yet they also fall away from American shores which is not that great, especially when you see that America remains one step short on defaulting on their loans. 

Yay, Monday!

Enjoy the day.

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Spend, spend, spend

Yes, that can be seen as spending three times over. We are of course referring to the debilitating debt the US has and now it is about to cost them a lot, in the larger stage this has had my attention for some time, but today three articles brought it to the top (yet again). The first one comes from the CBC (at https://www.cbc.ca/news/world/debt-ceiling-us-scrap-1.6836090) where we see ‘The U.S. debt limit is again stoking fears across the globe. Why not just scrap the thing?’ There are of course several answers to that part, but it is ““I don’t think there’s any reason to have it exist anymore,” said Douglas Holtz-Eakin, former director of the Congressional Budget Office, who is the current president of the right-wing think-tank American Action Forum.” I think that Douglas has been sniffing the alternative Gatorade. You see, if there was no reason to have credit limits, I would take out a $50M loan with my IP as collateral and move to Dubai. Have a nice one floor apartment and live of the rest with $300K a month at my disposal until the day I die. The reality is that we all have credit limits and most of us have a credit limit that is in the basement. As such nations and governments have limits as well. It is the idea that Americans think they do not have one, but that is a false assumption. It might have had a delusional ring of truth when they were a super power and when they had all the innovations, but they first off shored the knowledge they had because the board of directors had more bonus options, but they are now either retired or mostly dead. Now India has that power, now Saudi Arabia is the innovative player and now China is about to become the one true superpower. All negative things for the US, but this is what they wanted and they shunned Saudi Arabia too often and now they lose them as an ally as well. The one player that really has all the cash is shunned. Well done America! In the mean time spending went on and it was catered to by people who have close to no ash in the first place. Now the Fortune 100 have less American companies and several of them have a spin on what they really own. The largest players who really have things are Google, IBM, Amazon and Adobe. The rest are wannabe collapsing entities. There is Netflix, but they will be in turmoil for at least a year and there is no way to tell how they are pulling through. Facebook is under the gun and they are about to lose another segment, in the meantime Meta is nowhere near ready. 

So off to article two, this is Reuters (at https://www.reuters.com/markets/us-debt-standoff-overshadows-g7-finance-leaders-meeting-2023-05-11/) giving us ‘US debt standoff overshadows G7 finance leaders’ meeting’, which could be true. You see, Japan is in deep waters, optionally too deep, but that requires financial knowledge I do not have, what I think is the case, is that they are too deep in debt and when the US goes, so does Japan. The 7 nations are Canada, France, Germany, Italy, Japan, the United Kingdom and the United States. Italy and France are already in deep waters, in part of the overspending my Mario Draghi, in part of a slowing economy. The UK has its own set of troubles which basically leaves Canada and they cannot hold the fort by themselves but that is the group that is in some kind of meeting and the conversation to raise the debt ceiling is a farce, they all know that the US is fighting of shadows of their former selves all alone, all because no one was willing to do something about overspending and they are decades too late in overhauling their tax systems. All these small issues line up to a setting where there is soon an America defaulting on ALL their loans, bonds collapse and that also pushes Japan over the edge. The Reuters article also gives us “U.S.-China tensions also cloud the outlook for the global economy that is already under pressure from signs of weakness in the world’s second-largest economy China.” This is a stage that I find debatable, from my point of view (optionally not a correct one), the Chinese economy is already surpassing America and now that they have the stage for the Middle East with larger venues into Saudi Arabia, they surpass America. The fact that Saudi Oil can now be bought with Yuan is the one push America never needed and never really could handle. With Saudi Arabia about to launch their own version (in English) of Al Jazeera will mean that advertisers have an alternative to Fox and CNN and when that channel branches out to Indonesia, Egypt, Bangladesh and India, the numbers will vastly surpass 500,000,000 viewers. In this I didn’t even consider Pakistan at present. As such where do you think Advertiser will go? America pushed the wrong buttons for years and now their birds are roosting in other nests. The third is also Reuters (at https://www.reuters.com/markets/us/yellen-warns-us-default-would-threaten-global-economy-undermine-us-leadership-2023-05-11/) giving us ‘Yellen warns US default would threaten global economy, undermine its leadership’ where we see “U.S. Treasury Secretary Janet Yellen on Thursday urged Congress to raise the $31.4 trillion federal debt limit and avert an unprecedented default that would trigger a global economic downturn and risk undermining U.S. global economic leadership” in this I personally believe that the US hasn’t been a real economic leader for some time. It started just before the age of Trump as the US learned that they could no longer afford the things they were doing and now these accounts are all coming up empty all at the same time. So at the end we are given “Yellen said Republican brinkmanship on the issue amounted to a “crisis of our own making” and that just the threat of a default could lead to a downgrade of the U.S. government’s credit rating, as occurred during a debt ceiling fight in 2011.” I personally feel that this is totally bogus, the issue was overspending and both sides of the isle were doing that and both sides were doing that. In addition they alienated the one player who was loaded, the rich relative was made a pariah and that didn’t sit well with that relative. This is why I approached them with my IP. I feel better when someone with the cash pays for my IP than the fakers who have a maximised credit card, implying I would be without cash for too long whilst they walk away with my multi billion dollar IP. I will not allow Microsoft anywhere near it, as such I would have no issues selling it to Tencent Technologies (with a few attached clauses mind you). And I have reason. A clear solution that could have given Google and/or Amazon billions was shunned by them giving me the excuse to go wherever I needed to go to get my golden retirement. And they connect. You see, they are all about contracting economies, all whilst innovation will go where there was no one and in my case in several cases there was no one, only in one case there was someone (Gucci), but they are only on one side of one IP I had and I had several other venues connected to it, optionally to android phones as well. And you see that same issue here. We see ‘raise the debt ceiling’ whilst 4 presidents did not stop overspending, it was not an issue and now as they lose tens of billions in industries that are all headed for China, they are all up in arms with “Yellen wants G7 debate on restricting investment to China”, just like the Huawei issue and we never were EVER given any evidence regarding Huawei. That is the effect of a bully who lost whatever innovation they had to players who were truly innovative and now they are running out of time, they are running out of fairway and they have nothing left. Two elemental parts were ignored for too long the first was overhauling their tax system, the second was overspending and in 2011 the point of no return was reached, both Democrats and Republicans worked together in making that happen and China merely waited for it to collapse and that is now about to happen. Will there be another raise? I cannot tell, but this is not enough, after this one another one will come and that is how this game is being played, almost like bluffing in Omaha poker, the issue is that bluffing is too dangerous and can often fall flat, for someone to think that they can bluff for this long is a new level of delusion. 

No matter what, we are about to find out how much longer the US can play that game and they returns to the stage of tax the rich, another delusional setting, which by the way works out well for Monaco, the Bahamas and Dubai to name but three where the retiring rich could go to actually enjoy their cash. 

Enjoy your day unless you have a PacWest Bank account, at that point you are decently screwed at present.

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Discarded

That happens, things are discarded, things get thrown away. Yet how do we react when it is a child? That was the thought that came over me when I saw the news on CBC (at https://www.cbc.ca/news/canada/toronto/toronto-rosedale-memorial-girl-dumpster-1.6835095) giving us ‘Rosedale community members hold memorial service for little girl found dead in Toronto dumpster’ Now some will gasp in horror, some will react overly emotionally, yet is that fair? I am seemingly unwavering in my lack of emotions. I have no idea who the child is and the people over there in Canada are reacting, some more emotional then others. Yet from a basic point of view there is the stage of why should we care? Don’t get me wrong, if you care fine, nothing against it. I have no children, never had them so the first emotional block is not there. Then there is the realisation of all the paperwork that hits a person when a relative, sibling or child dies. At times I wonder why people care more about the ‘after’ care than the actual care. The fact that at present no one has a clue who this child was proves my point. CBC gives us “Investigators don’t believe the girl was ever reported missing to police in Canada.” This is not on the investigators, but consider that this child has been gone for well over a year and no one noticed any missing child in their direct vicinity. This is an issue. Was the child illegally there? That is a possibility. I do think that if she was not illegally there, then there is an optional security issue. The child’s existence could be used to get a fake person into Canada. Then we get Michelle Miller-Guillot, a member of the Rosedale Presbyterian Church stating “Every child deserves a name, every child deserves to leave this earth with dignity, with some honour” this is a fair believe to have and it is fine to have it, but at times I wonder if that is true in Christianity, why do we see the mention of Canadian Indian residential school gravesites nearly everywhere? What dignity and honour was bestowed on them? We see quotes like “between 3,200 and 6,000 students died while attending the Canadian Indian residential school system. The exact number remains unknown due to incomplete records.” So no records? The Anishinabe of Wauzhushk Onigum Nation, comes from one of several searches underway at former Indigenous schools across Canada and in that setting (source: NY Times) gives us that this has happened for a century, so where is the honour and dignity there? 

So was this all about a child in a dumpster, or is it about something more? But thee is one thing that bothers me, the original inhabitants of the America’s (US and Canada) have throughout history discarded their native inhabitants in many ways, as did the UK convicts (Australians) to the aboriginals. History (and christians) were not kind on original inhabitants of land and one child in a dumpster will not bring that out, but it needs to come out. Over 30 Native American tribes are now extinct. Just out of curiosity, how many people got the history lesson in Primary or High School regarding the California genocide? I reckon that this number is pretty low, I can tell you that internationally it never showed up in our curriculums as far as I am aware of. I only learned about the aboriginal slaughter through a movie called ‘Quigley Down Under’ (1990) a gem with Tom Selleck and the late Alan Rickman. What we did in the past matters and it is becoming more and more important to realise that when we look at places like the middle east. We are hard pressed to get some flaky Human rights report like “Access Now and Global Partners Digital are proud to launch a new report, Evading accountability through internet shutdowns: Trends in Africa and the Middle East”, yet the reality is that Christians were great at that for centuries going all the way back to Tomás de Torquemada, Grand Inquisitor of the Tribunal of the Holy Office (1483-1498) as such we have plenty of dirty laundry in our baskets, not to mention of the well over a thousand of clergy that had a go at the minors in their churches. So why are we up in arms about this child? Is it because it happens under the eyes of the law and administrations? It did not do the thousands of First Nationals attending the Canadian Indian residential school system any good, did it?

Just some food for thought as you leave Monday behind, ready to entertain Tuesday your attention.

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A state of banking

Yes, the banking issues remain and they are seemingly getting worse. This is seen in the BBC (at https://www.bbc.co.uk/news/business-65467019) where we are given ‘Credit Suisse: Asia investors sue Switzerland over bank collapse’, which reads funny, but that is the effect of lawsuits. Yet that article and the BBC article (at https://www.bbc.co.uk/news/business-65370751) named ‘£55bn withdrawn from Credit Suisse before rescue’ gave me reason to pause. This was not some setting of chance. Can you grasp how much £55,000,000,000 is? That is not some account, some people. That is the works of a few titans and someone gave THEM the heads up. So when we are given “The Swiss banking giant said 61.2bn Swiss francs left the bank in the first three months of the year” there I an issue, this is not merely a bank run. Then this many multimillionaires are running for the hills, someone set the watchtower on fire and stated, run for your life. Yes, it is highly speculative, but 55 billion pounds? That is serious cash in any economy. So when we consider the first article and we see “Already a Credit Suisse client for several years, he bought around $500,000 worth of bonds in January despite the bank having been hit by a series of scandals and compliance problems over the past few years” as well as “The type of bonds he bought from Credit Suisse are known as AT1 bonds, or contingent convertibles. They normally carry high yields for investors but are considered among the riskiest bonds that banks issue”, so in January this person decided to take a high risk setting, and in that time, or at least over the next 6 weeks when a staggering amount of billions pulled out, that person sat still? I know there is a sucker born every minute, but this comes across as the emperor of all suckers. Then we get the mother of all issues “Central to their claim is who was given priority when the bank failed. The terms of the bonds, seen by the BBC, show that bondholders are, if possible, supposed to be compensated first, after which come shareholders. But in practice, shareholders were allowed to exchange their Credit Suisse shares for UBS shares, albeit at a vastly reduced value.” There we see two parts. The first is ‘if possible’ which is a dangerous subjective term, the second is the stage of when they were alerted? How reachable were they?

Then the second article gives on tiny sliver. It is “Credit Suisse had been loss-making and had faced a string of problems in recent years, including money laundering charges.” As such, at what moment in delusional time is buying bonds in a loss making company a good idea? That is beside all the legal issues (including money laundering). In which situation (when it is not a government) are you investing in bonds in something that is losing money? Those in March (if they had done their homework) would have seen dozens of billions of pounds leaving that ‘sinking’ vessel. Only those with a peculiar sense of delusion are setting their up their portfolio in such a place. And when we see the end of the article giving us “The deal, when it was announced, valued Credit Suisse at $3.15bn (£2.6bn), whereas on the Friday before the settlement was reached it had been valued at about $8bn.” A place that is a mere 32% of its value in a week and 55 billion went the way of water whilst the bank went the way of the dodo. When a bank is a mere 8 billion and 55 billion left its shores? Even if half leaves the shores, I would be running like Forest Gump and no chocolates would be required. So I ask you are these investors that banked on governments saving their coin (and hide)? Is that what governments do now, all whilst they fail to hold banks to account?

I will let you decide, enjoy the weekend.

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Wages of fear

That happens, we at times decide to take a very risky road and US politicians more than most, but now they are about to head into shallows with a cruise liner? You will state that this is no big deal, tugs will pull it into deep water and normally you would be right. Yet in this case the cargo is nitroglycerine, so as it hits the shores the ship goes badaboom, a really big badaboom and it is not a ship we are talking about, it is the US economy. So as we consider what is about to happen, lets give you an example.

Netflix


Netflix at present (and over the last year has had well over 225 million subscribers, giving it an annual payday of well over $27,000,000,000 which is not too shabby, a good setting to work from.  So after the 17 billion in new media it has over 10 billion and change, I reckon that 50% if not more into technology, as such they are doing fine.

US Economy
Now we get into a less good place, the US economy and do not mistake one for the other. The US economy has many. Complexities, but the setting does not change, it needs to pay bills. As such we rely on Forbes giving us “The National Debt Approaches $32 Trillion, Will It Bankrupt America?”  (at https://www.forbes.com/sites/mikepatton/2023/04/25/the-national-debt-approaches-32-trillion-will-it-bankrupt-america/) and this is where two groups are opposing, those in denial claim it will not be so (very wishful thinking). I myself and many others are on the opposing side of the debate. Forbes gives us “The current revenue of the federal government is approximately $4.6 trillion while spending exceeds $6.0 trillion. Thus, the current budget deficit is over $1.4 trillion. It’s clear that members of Congress are spending like drunken sailors and like the Titanic, the U.S. is on a collision course with a financial iceberg” yet this is merely one side of the shallows they are heading for. You see, that we get from another side (the New York Times) who gives us that the US is running out of money somewhere between June and September. Yet that is not the whole enchilada. These two parts should alert you to the US Bonds fiasco, I tried to warn you a few times over. You see whilst everyone is cheering on bonds, there is a downside. These pesky papers mature and even as the interest payday seems small (1.65%) over $20,000,000,000,000 that still ends up being a $330 billion invoice and the budget does not take that in. OK, it is not all due immediately, but a rough estimate gives is that in the next 4 years $2,400,000,000,000 does and that is still a massive amount. Add to this the budget deficit that has been going on for years and you see the problem the US economy is heading for. It might never have been avoided, it could have been delayed by a lot. And with the current deficits, where will the US find $600 billion annual in maturing bonds (2023-2027)

I warned of this 25 years ago when I called for a tax overhaul where companies (Google, Facebook, IBM, Apple, that loser Microsoft and several more) would pay their fair share, merely their fair share.

The point of no return was reached when Barack Obama became president of the United States. Lets be clear, this was NOT his fault, but the point where we cannot avoid what comes next was achieved. If only people had woken up a lot sooner. But there we got past a point where the problems would accelerate and now we are almost at that point. And the banks will be no help. I tried to warn you a few times over. Some of their risk and liquidity is in US bonds and when the US forfeits payment your 401K and many other things will become worth close to nothing. So if you wonder where wealth of middle class incomes is, look towards Mexico. 

And will it get worse? Yes, but how remains an issue for now. Politicians will give way to wealth and rich friends first, so that they an get their slice and these people will go to Monaco, Dubai and the Bahamas. Many of them saw this coming and they already have places there, they have had them for years. So what can be done? Actually nothing, it is too late for that, all the whining and claims will fall flat and merely moves the timeline. The American children will know what true poverty feels like, they will get there at the end of their teens or early adult life. There are a few things that will happen, pushing forward bonds will be the easiest and convincing these owners to sell to appointed people or let it ride for a lot more, but that is a bill that adds a decent amount. Whomever has a billion in bonds and is offered 3.8% instead of 1.65% will consider it and I reckon that this is why we now see 20 years bonds (personal speculation). But after that the options go dark, really dark and that is what banks fear too, because the next bank run will take away a truck load of liquidity. It is like the stowaway that went for the happy shores or America, only to learn that the weather is foul and they suddenly realise that the cargo hold is filled with Nitroglycerine. Would you chance swimming, or hope for the best. Don’t forget that the shallows were YOUR saviour, not that much for a cruise-liner with combustibles.

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The premise of danger

That is what I feel is in play, but there is a word of warning, my premise is speculative. To see this we need to take a look at two new articles, both from the BBC. The first one is ‘First Republic makes last ditch bid to find rescue deal’ (at https://www.bbc.co.uk/news/business-65441302). I will go into details shortly. The second one is ‘US Fed admits failure to take forceful action on SVB’ (at https://www.bbc.co.uk/news/business-65428206) which came in a day earlier, but it all links to ‘I honestly don’t get it’ (at https://lawlordtobe.com/2023/03/12/i-honestly-dont-get-it/), which I wrote on March 12th. As such we have a growing concern that stretches well beyond 6 weeks and now we get “According to reports, the Federal Deposit Insurance Corporation (FDIC), a US financial regulator, sought bids for First Republic by the end of last week and has been assessing them over the weekend. Investment banking giant JP Morgan Chase is believed to be one of the banks invited to bid for First Republic, according to news agency Reuters. Bank of America is also understood to have been approached.” And in those six weeks I made a few clear presumptions/speculations. Yet NONE of the media looked into any of that, not even by their own accounts. The setting is that slippery and as such the media has shown that it can no longer be trusted. You see, there was a clear premise that some banks have too many US Bonds, but no one is willing t report on it and now people are withdrawing cash. The global setting becomes that putting your wealth in your mattress (or in a Saudi or Dubai bank) tends to be safer and that is not a good thing. No one is willing to look into the bulk of the US bonds and where they are, more importantly, no one is looking into which banks have US Bonds and how may they have of them, but the journalistic joke (ICIJ) was willing to play the NSA game (Credit Suisse leak) and emotionally speculate away whatever they could. The media is failing us all, because many are driven to ‘governmental’ needs. Yet, this is speculative, but look at what was published and what we are told, the numbers do not add up (neither do the topics). And in the second article we get “The US central bank has said it failed to act with “sufficient force and urgency” in its oversight of Silicon Valley Bank”, as such they didn’t learn in 2008 and they are seemingly not learning now. I use the word seemingly because of the Bonds issue, as I personally see it, some aren’t willing to report on connected matters and that is a whole different kettle of fish, but it is my view and if there is decent evidence proving me wrong, I will accept that. 

So when we are given “Michael Barr, the Federal Reserve’s vice chair for supervision, who led the review, said the US central bank should toughen its rules in response to what it had learned from SVB’s demise” we need to consider a few things. Basel III was created in 2010 (13 years ago) and in the US it was named the “Dodd-Frank Act” which was supposed to stop banks from taking excessive risks, which was partially repealed on May 24, 2018 by former President Trump. And now we have several new messes that could (in a most dire setting) bring about a new age of poverty in the US. Yet the larger setting that pushed for this is how many banks have US Bonds and how many do they have? 

And there is enough evidence out there, but for some reason the bulk of the media will not go near it, why not? If you follow the timeline and you start digging into 

Silicon Valley Bank (SVB)
Signature Bank
First Republic Bank
Credit Suisse
UBS Group AG (they bought Credit Suisse)

A weird setting starts to evolve and I am not an economist, as such someone will tell me I am wrong, but when you start comparing where $20 trillion in US Bands are, the picture shifts. Some are well established ‘banks’ like Rothschild & Co, as such plenty will have bonds, but some took a chance on getting rich quick and the partial repealing of the Dodd-Frank act allowed them, as such several are now in problems and there are more in this level of problem, but someone is brushing these facts under the carpet (and the banks themselves are hiding issues), as such I expect to see more revelations like this over the next 2 quarters. I recon the US Central banks are doing whatever they can to douse that fire before a full baking meltdown is on the horizon and the media is assisting, because if they were not, we would see a lot more facts come to light. Or as my grandfather would say ‘the best secret keeper of an adulterer is a brothel’, to state that someone is getting rich of keeping the secret at present and as I personally see it, the media is assisting them. Why is that? It is (again as I personally see it) because you are no longer entitled to getting the actual news. You get filtered information. News that is censured and approved by share holders, stake holders and advertisers.

Take notice of that small fact and enjoy Monday, only 112 hours until the weekend.

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You wanna be this stupid?

Now this comes from a place of frustration, optionally leaning to anger. The BBC (at https://www.bbc.co.uk/news/world-europe-65409971) gives us ‘What Europe’s royals could teach King Charles’ by Katty Kay. Now she could do all kinds of things (like taking care of 4 kids), she could focus on pumps, on corsages and on many things. But the idea that a yank is telling the UK what its king ‘could’ do is definitely no on with me. You see, His royal highness King Charles III has an example. A role model if you wish. His mother was Queen Elisabeth II, from 1952 until 2022, one of the longest reigning monarchs in history and perhaps the greatest monarch in human history. But the rather stupid person forgot about that part. What was this a simple article to get some money? With examples from Norway, Denmark and Belgium, so what about the Netherlands? What about Spain? Not good enough examples? So how about “After 21 years at the BBC, Kay left in May 2021 to join Ozy Media as its senior editor and executive producer. However, she resigned six months later from the digital media company following a New York Times report from Ben Smith alleging Ozy executives committed securities fraud”? What happened after that? Tail between your legs back to the BBC? This is a script by someone who made her own mistakes and that is fine, we all do. Yet this article without a mention of his mother who by a lot of people is regarded as the greatest monarch in history is one article too far. If only she had included her in this whatever you want to call it. The UK monarchy has had its share of issues, including a deceptive BBC journalist, who by my assessment is guilty of enabling the death of the Princes of Wales, formerly known as Diana Frances Spencer until her untimely demise in 1997. And it was that BBC shit Martin Bashir who had a hand in her death, you should have considered that before you opened your stupid mouth and decided to start writing silly articles. Katty might have gone further in her career writing about the latest style of pumps. 

Personally I see that it becomes more and more important to sanitise the BBC and see what other stupid people are there. It is turning into a second Fox News and we should prevent that whenever possible. 

Wow! I don’t think I have been this angry in a while, it feels good to let loose and we should. No matter how we see the coming reign of King Charles III and the challenges ahead of the United Kingdom and the Commonwealth, but the greatest role model was the greatest monarch in human history, his mother. I think we can just sit back and relax whilst he gets a handle on matters. His family has earned that much (and much more).

So you all enjoy Sunday. I am going to see what more I can find. 

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Blocked or deserted?

That is where I felt I am. I have been bending over backwards to get season 4 of Kenos Diastima started or moving. In part is was a new cast to set in motion, in part it is the setting to connect throughout the story two very different parts, but I always go back to the foundation. The end of season 3 was an open ending. I reckon it would be the ending people like Terry Gilliam would reflect on with ‘Nice!’ And in his case nice would be a huge compliment. Still, I tried and I am coming up short. So I was retracing my steps. I avoided the first script, because that is locked at present, things need to happen before I continue. The second script is where I got to and stayed at. The script ‘How to assassinate a politician’ was my answer to certain people offending Islam. So I am putting it here, so that someone at Al Saudiya could do something with it. 

Prologue
In Dammam a man and a woman are sitting in front of the TV. It gives them the news and that a Dutch Politician named Geert Wilders is revived a Prophet Mohammad cartoon competition, both are angry and outraged on the insult to Islam and they talk about it for some time. She is the teacher at the Girls First High School in Dammam, whilst he is a teacher at the Boys Education College. It is the net morning that they have decided to hold a writing competition. They both asked if the news was seen and that starts the essay of the day. In English they have to write an essay on how to punish such an insult to Islam and the students are told that they will be competing against the other school and the two best essays go into the finals. The children start writing.

We hear narrations of children’s voices with parts of their essay. 

The winners are announced at the end of the day and both winners will get personal speech training from their teachers, so that they can present the story as good as possible. The winners are Ibrahim and Saad for the boys, for the girls they are Ayasha and Nura.

Story One, Ibrahim
The mans walks through the street of the Netherlands (set in Amsterdam), he sees the people walk, the cars ride and long boats in the canal. He looks at the street signs and the trees, he is not used to trees and he admires them for a moment. He looks like a prince like the prince in Aladdin with a face like a young Sylvester Stallone, with a large moustache. He walks through the street and sees Geert Wilders. He pulls out a machine gun (like in First blood) and he shots the street, the cars and Geert Wilders. Then with his blinking red eye he looks at the street and it states (0 faithful hurt, from Terminator 2). He walks over to the body of Geert Wilders and states, thou shalt not insult islam infidel. He then walks away, and as he walks away his weapon vanishes, as does his outfit, he suddenly no longer looks like Aladdin, now he looks like Ibrahim and Ibrahim walks straight over to a Turkish kebab shop. He orders a kebab whilst he sees policeman running all over the street looking for a man who no longer exists.

Story Two, Ayasha
We see the view from a person’s point of view, we think it is Ayasha, but we cannot tell. The person walks the streets of Amsterdam, we see him turn right into a smaller street and we watch as Geert Wilders walks out of a door. The person walks and wherever he steps we see grass grow, we see flowers erupt and the chirping of birds. We see Geert Wilders take a long look at what approaches him and he falls to his knees in tears. We hear him state “Forgive me” and the light increases and his head explodes. The person is suddenly gone and whilst policemen are blocking the streets, the people see a street covered in grass and flowers and one person with an exploding head, no one can tell who he was.

Story Three, Saad.
This starts somewhere in Egypt. Saad is watching a pyramid and makes calculations. He measures every part of his journey and at some point he starts digging. He digs for hours and then he stops. He has found a crate. He opens a crate and he finds an ancient oil lamp. He cleans it with alcohol and as he cleans it, the writing becomes clear. The text issues a warning. “Here is imprisoned the Afreet Apep, do not break the seal” the boy opens the seal and a serpent comes out, no larger than a worm. ‘What is thou wish’. The boy clever as he was. ‘The man Geert Wilders, an infidel insults our faith, for your freedom you will kill him, you will never harm any islamic person and this freedom is yours’. The serpent nods and whispers ‘As you wish’ and bites the boy. The serpent continues. The poison will make you sick, but it will not kill you, as you heal you will hear the voices of scorpions and snakes, they will never harm you and now you can keep your family equally safe. He snake slithers away. It made a long journey and in The Hague in a house, Geert Wilders takes his coat of and sits on a sofa. As he sits and reads papers he has no clue that he is surrounded by snakes and scorpions. The scream wakes up the neighbours. When the police walks into his apartment they see it overrun by snakes and scorpions and in the middle of a room, unrecognised with poisons is the body of Geert Wilders.

Story Four, Nura
In the softness of the desert, in a well to the north of Dammam is a secret. Its secret was well hidden by clerics. But her grandfather was a cleric, he was killed in Iraq whilst attending a sermon. His death weight heavily on her and she has never forgotten the pain. She carefully walks into the den that was sealed and she chisels away on the wall. She gets into a room that holds a cage with a despicable creature, after centuries he no longer has a real body. The creature is skin a bones. The creature looks at her and she speaks ‘Can you understand me?’ The creature nods. She continues ‘If you go north past the seas you will get to the old christian places. Do you know them? The creature nods again. Under no condition are you ever to come back. What you do there is your business, but one thing you must achieve. The creature looks at her. In this bag and she hold up the bag is water, some bread, some meat, a map and a photograph. That person resides in a place called Wassenaar a part of The Hague. When you get into that country you can do whatever you need to to regain strength, but this person must be taught never to insult islam again. Humble him, make him your slave, it is up to you. Do you accept. The creature nodded. Nura opens the cage and the creature slowly walks out, and grabs clumsily the bag, he has a sip of water and a bite of food. She then hands the creature a parcel of beef, he accepts and walks a few more steps. He notices that it is dark outside, he climbs the wall of the well avoiding the waters and leaves. Nura leaves the place to go to bed and dream of these people insulting the prophet with a terrible fate. In the meantime the ghoul regains strength and by the time he is in Belgium centuries of captivity are undone, he is again the ghoul he one was and he has no issues getting anywhere. When he gets to the address he casually walks in, Geert notices him and asks him what he is doing in his house. Geert merely hears ‘Never insult the prophet’, the Ghoul grabs his hand and bites it clean off. Geert Wilders screams and dis of blood loss. The ghouls seeks out the nearest cemetery and decides to feast on the corpses of the non-believers. He never believed, he was too old, but the delight of rotten flesh was never forgotten and now it lies fresh in his memory.

Story Five
A man walks through the streets of The Hague, he walks slow with a staff. He is Arabic and he hears how he is called Gandalf and sometimes Saruman. The names mean nothing to him. He walks from Mosque An-Nour into the city. Looking at the streets and the people. Whilst walking he knocks over the boombox of a person and when it falls it breaks. The man is all apologetic, the cleaning man shrugs. ‘These things happen, not to worry’ the man curiously bows to the man and apologises again and walks away. It is later when the man returns holding a box, the cleaning man  looks at the box. ‘For the damage I caused’ the man states, he bows and walks away. The cleaning man opens the box, only to see a new Sony boombox. He smiles. It is much better than the one he has and he slowly walks towards his work. The man cleans in a Dutch government building and he cleans the corridors and offices. It is well paid work and he is happy to do it, he can send more money to his family then he thought and that makes him happy. Whilst he is cleaning he notices a man with white hairs and two security people following him. He sees them every day. The man ignores him and goes into the men’s room. The cleaning man is in an office when suddenly his boombox becomes very loud. It takes him a second to come to the cart and he lowers the volume. He shrugs at the security people. ‘New radio’ he states and the security people smile. He continues his route only to hear shouting a few minutes later. 

Saruman/Gandalf is standing in a room. Across the street from a governmental toilet. His stick and water flask have been transformed into rifle, the angle was perfect, the flask was high powered air and the scope showed him more accurately what he is aiming for. It is a man with white hair in a toilet. He takes aim and he presses a button that maximises the boombox volume, he can even hear that radio and pulls the trigger. Straight in the head, the politician is dead before he realises what hit him and the man quickly disassembles the rifle, the cane is a cane again and he walks out towards the train station. On route he sees a water dispenser, he is about to fill the bottle. He hears ‘Stop!’ He looks around and a policeman takes the water bottle. The man points at the water fountain. ‘Yuck’ he states and signals a man in the shop behind him. The man hands him a bottle of water. The policeman fills the bottle and hands the water to the man. He nods, the policeman takes the few remaining sips from the water bottle and walks away. The man walks off to the strain station.

Epilogue

In a room with two people we see a window, in the background we see Azadi Tower. The first man speaks ‘Are the Dutch blaming the Saudi’s?’ The second person nods and says ‘Just as we expected’ we might not have a school, but we can act against infidels. Both man smile and drink their coffee

The end

I came up with that story in a little over an hour. I had some delays with the fourth story as it was too similar to the third one. The fifth story evolves between the four stories, with the hit happening after the fourth story is finished. I think it is nice to be creative and it was done as until that moment I never knew that making an image of the prophet was a taboo (or unacceptable). We were never told too much about islam in primary school and what we were told about the Crusades were too much of a lie. Anyway, this was my response. I hope you liked it, Geert Wilders might not, but I kind of don’t care about that part.

Have a lovely day, and let’s see what we can do to Microsoft tomorrow.

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Is the die cast?

That is the question, personally I think it is, America dug its own grave and I am not asking you to take my word for this. Lets take a look at two pieces of ‘evidence’ handed to us. The first is Al Jazeera. They give us (at https://www.aljazeera.com/features/2023/4/25/can-china-replace-the-us-in-the-middle-east) the headline ‘Can China replace the US in the Middle East?’ The question asked here is a much better question than you think. The article (by Erin Hale) gives us “China still does not have the ability to replace the US in the Middle East, where Washington has dozens of military bases and allies it has committed to defending. But Beijing might not want to take on that responsibility yet in any case, experts say” this was part of the short answer and it is a good considerations to have. The problem is that this is based on US sided ‘experts’. People like that have gotten too much wrong, yet are they getting this wrong? That is the larger stage that we cannot answer. You thin you can, but none of is actually can. But there are two more quotes that ‘sully’ the waters here. The first is “the United States has not conducted itself particularly responsibly for the last 20 years”, the second one is “Beijing is viewed as an ideologically neutral trading partner, which has long maintained a policy of non-interference in the domestic issues of Middle Eastern countries, from politics to human rights, making it a less controversial mediator than countries like the US” these two statements are strong. Beijing has no real experience in the Middle East, which also means they have no negative marks against them, which works in their favour. Yet the larger stage of security is in the hands of the US and that looks good in the eyes of the Middle Eastern partners. In addition, the US has more than three dozen military bases in the Middle East. A stage that not only is hard to replace, but there would be indications that China is uneasy trying to replace those. In addition it means a massive contribution of troops to the Middle East, a stage they do not fully comprehend, more important, they are likely to make a mess of certain parts in a time when they cannot afford them. 

This gets us to the second article, which has some links to the first one. It comes from the Middle East Eye (at https://www.middleeasteye.net/news/saudi-arabia-rejoins-worlds-top-five-military-spenders-says-report) where we are given ‘Saudi Arabia rejoins world’s top five military spenders, says report’ and this is the big part. You see, the article gives us that Riyadh spend an estimated $75,000,000,000 last year in military goods (hardware and software). The problem is that as of 2023 onwards a much larger slice of that cake will go to China. The US (EU too) messed up by a lot and that comes at a cost. The second part is that these military base options are to some degree connected to the sale of military hardware, now that is to an increasing amount falling towards China the US needs to do something, but they are left without options at present. We see “Democrat Chris Murphy and Republican Mike Lee – came together to introduce legislation that would require US President Biden’s administration to report on Saudi Arabia’s human rights record and possibly cut off all US security assistance to the kingdom.” A stage that sounds like a threat yet it comes with the opportunity for China and with that opportunity we see a much larger shift in staging. The US made their own bed, would not unite in one view and up to 50 billion will be whisked away from their table. In a stage where the US is one step away from a collapsing dollar and the implosion of its economy they have decided to bite that feeds them. How stupid is that? And in a stage where they could lose more and more oil, promising to make Saudi Arabia a “pariah” is more than bad strategy. You see 67 journalists were murdered in 2022. How much actions were taken? The one that no one gives a hoot about is the poster child for the US, all whilst the evidence was lacking, the United Nations report reads like a joke and still people push that narrative. As such several countries, not just Saudi Arabia are in a stage to hand the US their walking papers. As the MEE ends with “Current and former US officials who previously spoke with MEE were back-footed by the agreement” and that is not all, the off balance part is the smallest detail. You see with all the banking issues, losing billions in revenue will have larger consequences and a new stage. Players like Chengdu will now have a much larger audience in 2023/2024, implying that the Airforce stage that once was will be no more. Both the US and Russia needs to accept that China is now a major player with the buyers that can afford 5th generation fighter aircrafts and that list of people allowed to own one will drastically increase, setting a new problem for the US, the EU and Russia. In all this I personally believe that the die was cast in 2018, some disagree and they are welcome to disagree. Some offer good explanations for their point of view, I might not agree but that is irrelevant. The question for the us is “is the die cast?” There is no real answer coming. Experts that are scared for their income, scared to give anything but a ‘pro-American’ view is fine, until reality creeps in. The reality is that both the US and EU are too close to bankrupt to accept these losses as is. I have no idea what they will do and their own issue is internal as their internal ‘opponents’ are trying to poison the political well. All those people trying to get the deal going get to deal with people shouting anti Islam propaganda and the Middle East has (as I personally see it) had enough of that. Now that China is making headway, the options change and for the US (EU too) not for the better. 

Enjoy the day. 

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