July 8, 2013 · 19:51

Smear campaign vs Blame campaign

Another day, another NSA/GCHQ article! I must admit that the thread, not threat of privacy is getting a little too biased. I must admit that slapping the government comes over slightly cheap at this point (for the reason that too many articles out there are more and more based on speculation and less on actual facts). It is also the time I think that Mr John Naughton (the Guardian / Observer) should add a little more balance in his very valid opinions. As his profiles states “John Naughton is professor of the public understanding of technology at the Open University“. So the man knows his stuff (and reading his articles makes that clear), and let me be upfront that even though his pieces are definitely opinionated at times, he has not stated anything false or in error (as far as I can tell).

What does bother me to a little extent is that in his article “To the internet giants, you’re not a customer. You’re just another user” (at: http://www.guardian.co.uk/technology/2013/jun/09/internet-giants-just-another-customer) he states when relating to Gmail and Yahoo mail “You do however ‘pay’ in a different currency, namely your personal data.”

This is the issue I have as well. Especially when comparing to the article “The NSA/GCHQ metadata reassurances are breathtakingly cynical“, where he states “the metadata is what the spooks want for the simple reason that it’s machine-readable and therefore searchable” (at: http://www.guardian.co.uk/technology/2013/jul/07/nsa-gchq-metadata-reassurances). This is correct, and it is preferred for automated systems, as it takes one person his/her entire career to get through 1 hour of non-spam e-mail for one area of London. So any chance of getting anything useful needs massive levels of automation. So it seems acceptable to be a marketing outlet (the consequence of a free service), yet the group trying to keep you alive gets tarred, feathered, drawn and quartered for doing their jobs.

I am at times slightly amazed that these security measures are such an issue for the UK population. Let us not forget that the UK had decades of issues as they needed to overcome the ‘difference of opinion’ the UK government had with the IRA. As such they have had plenty of reasons to be cautious, compared the limited amount of events the US went through.

I still remember the 1993 bombing of Liverpool street station. I also remember attending the ECTS (Electronic Consumer Trade Show) 5 months later and that area was still an indescribable mess. So the UK population clearly know the dangers of terrorism.

So is this truly about privacy or fear? Not the fear of being attacked, but the fear others have if someone read the messages they send/receive (and I am not even talking about the actual criminal ones that get mailed).

Consider that there is another attack (anywhere in London) and it was not stopped, because privacy laws stopped the intelligence community. Then what? How long until the press, who is all so up in arms on privacy comes with the text ‘why did the Intelligence community not do more?‘ whilst at the same time making people expectant that in Facebook, Google+, Gmail and Yahoo mail your data can be sold on, your details on parade like a debutante to all eligible data sources who would want to have a go at you. Seems a little short sighted doesn’t it?

I am all for privacy, I truly am! However, data being private does not mean that I am not willing to assist the government in keeping the nation safe. And the argument that ‘I’ was not guilty, so there was no reason, does not hold water here. Knowing who is innocent (read safe) is as important as those who raise flags. A raised XML flag does not make you guilty, 5 raised flags do not make you guilty. Especially when this is about automatic parsing of information (read Meta data). When we look at on how these service giants deal with privacy is actually less important than the fact that their international size allows these people to avoid taxes a lot better than Ebenezer Scrooge ever could. So people are up in arms on what governments know, yet these fat cat collecting corporations paying 0.1% tax in this day and age of economic hardship is an acceptable act? I wonder whether people have their priorities straight.

In that regard it is also interesting to read the Benjamin Franklin Quote “They who can give up essential liberty to obtain a little temporary safety deserve neither“. So many are often so easy to hide behind this quote, when siting issues on privacy, yet in those days of Franklin, they thought of war as a gentleman’s game. You know the time of clean Red uniforms. Stand up straight! Moobs forward! Aim! Fire!
Those people, if they ever saw the Vietnam War in their dreams, would wake up screaming.

In this same way we should regard data collecting a la von Clausewitz “Many intelligence reports in war are contradictory; even more are false, and most are uncertain” in that light, the survivor had superior information, which means it is another form of war altogether. Our protectors must get it right all the time; a terrorist, only needs to succeed once. The quote and the premise is the issue we face today and history never properly prepared us for what we now face. I think that under these conditions I prefer the quote “War is such a dangerous business that mistakes that come from kindness are the very worst.” This one is true and also most appropriate. If Privacy is seen as a human right (which it is) and it is a driving force in humanity, then we could see the danger that our Humanity gives strength to the Terrorist (this is of course false), however, in the light of fighting terrorism it does hold a truthful foundation. This brings me to an interesting question I recently saw! “What if the right to privacy depends upon the existence of surveillance and an acknowledgement that some of it, at least, is legitimate?” This is not my question, this was voiced in a discussion paper called “Navigating the Data verse privacy, Technology, Human Rights“, which was published by the International council on Human Rights Policy and can be found at (http://www.ichrp.org/files/reports/64/132_report_en.pdf). It is well worth reading.

The question in my mind is that if we see the news as valid. Is the press on a smear campaign against the Governments? Even though I singled out John Naughton, does not mean that I call him that. His work is amongst the most interesting to read and his writing is pretty compelling, and even though I feel I cannot agree with him at times, he puts down his points clearly and precise. The reason I cannot agree is again the fact that we are expected to be marketed by those offering ‘free’ services, but must oppose those who are out to keep us safe. It seems a very topsy turvy approach from us on keeping ourselves safe.

That makes me think, this could actually be a new Gilbert and Sullivan (read with the tune of ‘A wandering minstrel’ from the Mikado)

A surfing seeker I…
A man of links and searchings
of Mails, Pics and Profiles,
and selling you on my Facebook,
my friend list is so long,
through every like and linking,
and to your e-mail sending
I mine all data for cash!
I mine all data for cash!

So are we giving up essential liberties? I feel we do not, data mining is today’s efficient way of approaching the ‘right’ population, yet this is also a danger! Not of freedom, but of choice. As these companies focus on the options that embrace the bulk of people, the outside innovation will reach us less and less likely. Is that not giving up liberties? As we become part of mass media only, the small innovator will no longer reach us? Who thought of that part of the equation? Actually, John Noughton did raise it in some way in his article “Technology is a double-edged sword” in December 2012. Even though he focusses on Evangelists and Luddites, the outcome is similar. We can look at a coin from either side, but one coin is only complete with both sides.

Consider that the police and intelligence communities are the ‘other’ side (the evangelists), then most people (the Luddites) have a point no less fair, but we must accept that if the people get their way, once things go wrong we have no right to invoke a blame campaign, for the simple reason that with the freedom of choice comes the responsibility of consequence.

A combination of views often forgotten!

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July 6, 2013 · 17:31

A problem from luxury

It is Saturday and again the news station NOS (www.nos.nl) brings an interesting piece. Going back to my youth, I would love to walk around the marinas. I would admire the boats and their shapes. Those owners, so proud, they had their ‘yacht’. Boating in the Netherlands had always been big, now almost 40 years later thousands of boats are there. Neglected and in poor condition. Those who bought metal boats can sell it as scrap and end up with a few coins; those who bought polyester now own boats that are in a state where they are floating environmental disasters. These boats will not degrade; they are there to remain a pox on the Dutch landscape and especially marina’s from where they have no place to go, the people are often gone, many in no financial position to fess up to their choices. So now we get the issue that a fund needs to be created to clean up the mess others made. Government funding that would be needed to clean up the mess of these owners who claimed (or once were) wealthy.

So what gives?

Well, the question becomes what to do next. This is not an area of expertise for me, to the next part could be a well-intended effort to find a solution that is just plain BS (for that my apologies).

I have done a little reading and see that in some cases plastic bottles are recycled into polyester the clothing industry uses. So, if that is the case and agreeing that this initially could cost the government something, is it not an idea to crunch a boat into smaller parts and then process it into something better? Even crunching it into flakes might make this marina based solution into a less useless obstruction.

If you think that this is not an issue, or a rich person’s issue, then think again. Even though due to the size of the Netherlands (a really small nation), this nation has well over 200 marina’s, making this more than just a small problem. But what is involved?

1. Disown these neglected boats. Not unlike a car when it is no longer road worthy, if a vessel is no longer water worthy in its current state, then the owner would need to receive a writ, stating that it is fixed within a certain time, or the owner will be disowned, yet not financially disowned, so whatever loans he has out there on the boat, they will remain. The owner will get a processing fee (it is not up to a government to foot the bill for environmental hazards) and what was formerly known as a boat will be removed.

2. How to process the boats? To be honest, that is the true issue. Burning is not an option because of the toxic fumes (which are also not that environmental friendly). A boat usually will be made of polyester (the bulk/hull), aluminium (mast), metal (wires) and wood (sometimes deck, mostly internal parts). The hull is actually the big thing. That needs to be crunched into little parts. Whether we can dump the entire boat into some giant nibbler, or first manually remove parts as much as possible and then nibble it to splinters is part of this consideration.

3. What to do with the polyester. To just assume that what works for plastic bottles, would work for boats is just crazy. There are numerous versions of polyesters, which will mean that they might not be that mixable.

So what are the solutions my little brain could come up with in 30 minutes?

Option 1.

Can the polymers be liquefied and then turned into some tile, which could be used as some kind of insulation? Can they be used to be reprocessed into some other usable plastic (like bags or other usable items), especially if these are items that could be revenue making to some degree to counter the costs of processing this.

Option 2.

Can they be processed in some form to become collectible s that even not bio degradable, they could be used as some kind of foundation that even though not bio-degradable, they could be ‘dumped’ into natural places as they would not hurt nature and only take up space.

Before you attack option 2, consider that a thousand non usable boats are a blight on nature as is, to be able to bury them in a minimum size (providing we can prove it will not harm nature) is not the worst idea. The worst idea is to not do anything about it, which is what happens now.

In an age of such bad economy, this might actually prove to be a point of light. This is a niche market that has potential and seems to be in non-existence for now. Even if this is the most visible in the Netherlands, due to a largely lack of size, yet they have a massively sized marina market. Beyond this there is France, Italy, Spain, Portugal, Greece and a few more places where this, even to a smaller extent might be an issue.

The Netherlands do have one advantage. They have Wageningen University, which is one of the most renowned universities when it comes to environmental studies. When it comes to Chemistry, there are the Dutch Universities of Leiden, Rotterdam, Delft and Amsterdam. So, if a solution would be possible, then the Netherlands will be able to solve the issue that is most visible to them and create a possible new European market in the process.

An environmental issue that could help start a ‘new’ economy, who would have thunk it?

 

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July 5, 2013 · 13:18

The Euro coup is coming!

Good morning, so I got your attention? Excellent!

The first question, is what kind of coup of course? What is forming at present is an international alliance of parties. The parties at current seem to be the British UKIP under leadership of Nigel Farage. From France it is Marine Le Pen from Front National, Geert Wilder from the Dutch PVV and there is every indication that Bernd Lucke from Alternative für Deutschland (AfD, meaning Alternative for Germany).

Initially this situation was a non-option, yet the change with Front National where Marine Le Pen is a lot less extreme then her father Jean-Marie Le Pen makes this now a negotiating political force where the extreme is negated for a slight diversion towards the middle ground. There is also a change in messages. Where the French FN was initial strongly anti-Semitic, their new message is all about pro-France. It seems that the daughter Marine learned that lesson of gaining through honey instead of vinegar (you know the expression). Does this make them less anti-Semitic? That is indeed one of the questions. This alliance is all about parties getting stronger in forming and speaking their local language and population. As UKIP has a strong desire of a referendum to move the UK out of the Euro zone, the German AfD is all about moving Germany out of the Euro-coin. There are similarities, yet they are not in some given unison.

That makes this alliance somewhat unique. This is all about a team promoting their personal needs, not a common need. It is a slightly rare occasion. Yet, we could see a disjointed form of agreement. They all seem to promote their forms of economic protectionism. That part is interesting, as that could be a multinational move to get these banking issues under control. It is one option for the banks to give some Euro BS story to stay non-accountable, yet it is another problem when political parties start making these venues an open target where the bank is a free for all. I reckon that financial institutions did not reckon on these complications. If we accept that FN, UKIP and AfD are all three strong in that regard, then whatever happens in the bad bank moves would have to happen before those election become fact, because the changes might make the bad bank a non-event and leaving the debts where they should be, with the banks who caused this and not with the tax payers (and that would make you and me very happy).

I left PVV out of this because they are a slightly stronger wildcard in this equation. Like UKIP they are strong voiced about moving out of the EU. That approach is not unrealistic, yet the Dutch economy is strongly dependant on the German economy as whatever is created in Germany gets shipped via Rotterdam. The German Steel regions have a powerful grip on things, and that works as they have an efficient economy track via the Netherlands. UKIP has its reservations in regards to the Dutch PVV, because of the strong anti-Islamic views the PVV holds. Nigel Farage has mentioned that he could not accept the view on forbidding the Quran. One can agree on many levels, especially as this is a form of censorship and discrimination that is not legal in both the UK and the Netherlands (the law can be so easy at times). The AfD is another matter; they are mainly Euro-critical. The danger is not unlike UKIP. They were ignored and now they are about to become the ruling party. A fact that remains unknown until September 2013. What is interesting, that at present the party is not even listed as a possible contender against the party of Merkel or her opponents. This is wrong on a few levels. The fact that all these economic heavyweights are striking out against the AfD on how dangerous this move is, is one thing. the fact that these ‘experts’ like Marcel Fratzscher who was formerly the head of International Policy Analysis at the European Central Bank or Jörg Rocholl who as a professor holds the Ernst & Young Chair in Governance and Compliance are currently speaking out against their academic peer Bernd Lucke is quite another. Yes, sounds like the banks stay right away from this one. They all seem to forget that the people vote, and these people see their money go to all these places of ‘feigned incompetence’. I am all for helping my neighbour, yet I see less issues with saving him as he starts a BBQ in his living room to stay away from the rain and then panics as his house is on fire because the children kept on knocking things over in the living room. Such a parent should go to prison, plain and simple. So when I state that the AfD could become a massive player, I am not kidding. That means that Germany could face its own referendum in 2014 to move out of the Euro. Because these governments, as I mentioned in previous blogs have been so busy with ‘managing’ bad news, they forgot all about the people receiving these adjusted levels of bad news.

Next there is the French FN (Front National). Under Jean-Marie the FN was largely ignored, they were too extreme, so not many votes would consider this party under past leadership as a serious political player. His daughter is much less extreme and Marine Le Pen seems to be more about bringing the pro-France message then any anti-whatever message. This makes her the new player to note. As she advocates a “grouped departure” from both the Euro and the Euro zone, in addition to her less extreme views make her an interesting bedfellow for Farage and Lucke. It can be debated that FN could have had a much larger slice of French politics if Marine had been in charge earlier, yet, only now, as the economy will have longer shortfalls and more issues would any future election give her additional votes.

Considering UKIP and their likely new shaped alliance! How should we see them? Are they the disruptive element in the European order, or are they the patriots fighting to keep their nations safe? If we see the Banks as the current breakers of national economies then they are doing the opposite of what needs to be achieved in the views of the banks. In all fairness of it all is that the EU is more and more a failure. Those propagating its success have not been able to correct the budget shortfalls of hundreds of billions a year. New nations are offered a place, a handshake and a new credit rating (see Latvia), then even whilst its population has a vast majority against, the Euro gets pushed in. Now even more nations are added, and several of them in not such a good economic stable position, and they all get the new Euro Platinum Credit card. In that light their views are adopted by their own voter community faster and faster, meaning that this new ‘alliance’ will ensure massive changes.

Whether these parties will bring a better future for the nations they fight for? I do not know, what I do know is that dumping billion after billion into something to get the economy ‘started’ has not worked for years, and other ideas are needed. Perhaps I could be voted in as the new Executive officer for the Royal Bank of Scotland? I cannot prove I would do any better, but I can guarantee that I would not be any worse. In that light, that 20 billion they just found? How does a bank just find 20 billion? What else did their systems not notice? http://www.guardian.co.uk/business/2013/jul/03/royal-bank-of-scotland-business-lending-review If you wonder how these two are related (politics/RBS) then consider that these parties are growing as the European economy stays in this bad shape. The stronger the UK economy gets, the stronger interest of all nations to relocate legally or in other ways to the UK, so as the UK now suddenly has 20 billion extra, that interest will just spike. I am still wondering how 20 billion remained unnoticed. If several nations have been playing a game of ‘bad news management’, then what will be the effect of such good news? If you do wonder what 20 billion is, then consider that this ‘found’ money covers twice the amount all tertiary education needs and didn’t they have to up the prices there?

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July 4, 2013 · 13:35

The Snowden principle

From my point of view we are dealing with the air that is getting slightly thick and foggy at the moment. The Edward Snowden issues are escalating and not in a good way.

This view became apparent as a flight carrying the Bolivian president was forced to land at the Vienna airport. This situation becomes even more ridiculous as “Bolivian officials claimed France, Italy, Spain and Portugal had refused to let the plane cross their airspace over ‘unfounded suspicions’ Snowden was on the jet.” Source: http://news.sky.com/story/1110864/snowden-not-on-bolivian-presidents-plane.

These nations not only knowingly hindered a presidential flight. The fact that this was all about ‘a rumour’ seems to be a clear case that the intelligence community is BLUNDERING on several national levels (including those of the commonwealth). So, basically as we read this we can conclude that as the flight time from Moscow to Vienna is a little over two hours, that including take off and all, for 3 hours no one had a clue where Snowden was. Do they know where he currently is, or are they only suspecting it? Why is all this getting bungled to the extent it currently is?

I would also like to add that it was a presidential flight; it was carrying the Bolivian president Evo Morales. The fact that this had been done, how long until US Air Force One will, on suspicions be forced down in the same way (just to check)? This is a step that should never have been allowed, whether Snowden was or was not on board.

The simple truth is that this plane had no way to make the flight in one go, so it would need to refuel in more than one place. If those countries had an extradition treaty, he could have been detained at that point, as this was a diplomatic flight, this level of breach of protocol will have far fetching consequences.

If this was about getting Snowden and if I had the call, I would have ‘accidently’ (really accidently mind you!) soured the ‘milk’ at the refuel post and offered a replacement plane (with the most humble of apologies of course). The fact that they would have to relocate to another plane gives an option that Snowden left the plane and then he could be arrested as diplomatic immunity could not have extended to him. Was that so hard a scenario to concoct?

Personally I am all for getting Snowden to the US within the boundaries of the law. This act was not one and there is every chance that heads will roll on several airports in response. The acts transgressed are clearly against the diplomatic convention.

That danger can be found in the ‘Vienna Convention on Diplomatic Relations 1961’, Article 22, s3. The premises of the mission, their furnishings and other property there on and the means of transport of the mission shall be immune from search, requisition, attachment or execution.

So in my mind I am wondering which brainless individual was responsible for that little caper. And I am actually pointing my finger at the US State Department at this point. France, Spain, Italy and Portugal made the error of barring a diplomatic flight from crossing their airspace and all at the same time? No, I do not think so. They were called, but called by whom?

In my mind, the Snowden principle is not just out of control, it is now leading us to questions we never expected to ask. The US intelligence budget has been in excess of 240 billion over the last 3 years. We have had 2 severe intrusions of data intelligence, the appearance that the NSA has a flawed HR system and now we have someone overruling diplomatic rules creating international scandals. It is likely that the last issue was driven by the US State department, yet, they should be aware of protocol, which takes us back to the intelligence community. Oh and lastly, for several hours the whereabouts of Snowden remained unknown, whilst that person was known to be in a specific building in the hours leading up to this.

Personally it seems to me that those on the hunt of the Wicked Warlock Snowden are just not thinking straight.

 

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July 3, 2013 · 17:18

The Age of ‘no retirement left’ is coming

Another day and another play for one of the last foundations of wealth. As the Dutch NOS news reported, the Dutch pension funds are willing to invest in its own country. The Netherlands is currently an investment location that is receiving a very small part of that fat fund. Yet, pension funds want a level of government guarantee for these risky investments at present. That guarantee will save them for a certain amount of losses should they occur. As such the government has a level of objections. As the news reported, this plan has been a year in the making. Basically the pensions will be doing all the tasks banks are supposed to do. There is a level of risk that the pensions are not willing to carry at present. And why should they?

The reporter Jeroen van Dommelen stated “the government does not have the funds to invest, it is poor“. This is part of all the mayhem and issues on play. When the government could have stepped on the plate, they refused to do so. They pushed the bills forward. They relied on certain numbers of bettering the economy. A game played since 2006. And every time the Dutch CBS, which has government stakes and are prone to certain levels of censoring presented them. Those numbers have been downgraded quarter after quarter and as such no issues were resolved. Now this government is pretty much at the edge of viable as they received invoices from past administrations, and now, the one cauldron of cash that remains, and needs to be kept safe is being tapped on. This is not a cauldron where money renews (you know that realistic 100 coin leprechaun model), no it is like a simple soup cauldron, what is taken out, is lost forever. Starting a grab from that last cauldron that keeps an entire generation fed is not acceptable. It is too dangerous. When there were options, we were not allowed to touch it. Now that there are no options they want to touch it against our wishes and diminish it?

This is why pensions what the government to accept levels of losses, and why the buck is not passed forward, but to another person. Why should these funds be used to renovate rental properties? The rental agencies have been making a killing, or at least bosses in these places were. As examples we have the Amsterdam Rochdale scandal (Source, Dutch Parool http://www.parool.nl/parool/nl/1284/Affaire-Rochdale/index.dhtml). The Rotterdam corporation PWS, where fraud was a massive tool to offset the rental market (source: http://www.volkskrant.nl/vk/nl/2680/Economie/article/detail/766332/2006/02/10/Baas-PWS-ontslagen-om-fraude.dhtml). The examples do not even end there. The issues of preferential treatment and other calamities have given these issues a bad taste. In this environment there are grounds for calling the risk of these investments too high, in addition, these expensive dwellings should be providing for its own invested renovations. None of that seemed to have been happening. If we would investigate the issues as the Dutch SHC is investigated in 2011, where fraud was a factor, then we see that these events led to fusions which ended several steps, including in my humble opinion the prosecution of several people. The fusion left Miss Hedy van de Berk in charge after 25 years of service to clean up a mess her predecessors left. She had to lean on ‘lessons learned’ and interesting that Councillor for the City of Rotterdam Hamit Karakus (US equivalent of Alderman), who was present at that meeting seems not to have been that vocal on certain issues. This is not an accusation towards either, yet the foundation of pushing forward seems to be a clear given, and as such investments with retirement funds should be classified as a definite risk. As such we should wonder why these funds have to chip in in the first place. When we look at the responses from Henk Knoop (VVD) as MP of economic affairs, we see that he makes a clear good case where politicians want to make it more interesting to invest in Dutch events. I personally have the view that risk factors currently remain too high and until certain guarantees are added until there is clear evidence that sound investments are proven to be sound investments, the current level of risk should be considered too high.

The fact remains that they want certain levels of guarantees from Finance minister Jeroen Dijsselbloem. His view is that returns are founding certain levels of risk. This is a fair and realistic view. The issue that many have in this regard is that the risks are unrealistically given. That view has weight if we accept the faltering views SNS Reaal brought forward as it needed to be nationalised. Those are levels of lost investments, especially in commercial enterprises that are too unacceptable. Until those issues are resolved and dealt with, it seems that retirement funds have no business in a field with so much risk.

In addition the message by Jeroen van Dommelen at the end stating “resolving these issues would give way that on the day of princes there will also be good news” is way too thin to base the risk of retirement funds on. For the non-Dutch, the day of princes is on the third Tuesday in September when the Dutch government through a royal speech announces the new annual budget.

These dangers are not just visible in the Netherlands, yet in a place where they have been one of the most secure in Europe, the fall-back might be larger than anywhere else. In the UK, there is the case that Simon Cox of BBC4 reported on in regards to the pension liberation scheme last March. (Source: http://www.bbc.co.uk/news/business-21844955)

The options for those before retirement could access some of this cash. The issue is not just whether people select this, it is about the dangers that the acts comprises. What people do not realise is that a person’s retirement is mostly built in the last 5 years of ones funds. At that time, the interest is so rewarding that those years are the days when a retirement almost doubles making it a good thing (read enough to survive on). To lower these amounts, means that people either work a few additional years, or fall short by a chunk of what they would need. So it is a danger one should not consider. My thoughts are not as full on extreme as those of Shaun Richards of “Mindful Money”. He is more into the question whether an economic war between the saving retirees and the youthful left with nothing (something according to those lines). I do not think it is that far, yet, the greedy and their prying eyes on those untapped resources are out there, so there are dangers. His story makes for a good read, so check it out at http://www.mindfulmoney.co.uk/wp/shaun-richards/is-there-a-danger-of-an-economic-war-between-pensioners-and-the-young-in-the-uk/

If there is one note of criticism from my side on this article then it is the focal view as he looked at the groups, yet outliers from those groups and whether they moved from one group to another is slightly ignored, so a possible factor of skewing from those evading the credit crunch and those who got pushed out into destitution all together seemed to have been ignored, that group might have remained too small (however, still unillustrated).

His views should not be discarded. It seems to me that his views are partially adopted by Peter Hain of the Guardian (alternative is that they came to similar conclusions). Peter was quite adamant on the loss of cohesion as he describes it. Where I disagree is the Nick Clegg view where the better off retirees should ‘abolish’ their tax benefits. Is that fair? Those who remained cautious are now better off, whilst those who ‘partied on’ need additional support. I see no reason for those who did give out those extra few bobs to benefit now should give that up again. The social structure is all good and fine, yet those who did not keep their responsible part are now, as should be suffering a little more. A model was long term agreed upon, as today’s irresponsible spending’s should not be charged to those who got charged and worked all their lives. This is where ‘the Clegg principle’ falls short in my view. Peter’s words strike goal at the end where he writes “Cutting or means-testing pensioners allowances risks turning young against old and rich against poor while making negligible savings for the Treasury“. That is a risk we should not allow. Not because of the unfairness of this, but for the risk that the young will allow the exploiting of funds that should not be touched. In the end it is not just a negligible saving for the treasury, there is every indication that this will propel certain additional costs forward. Especially considering that these costs could have been avoided all together.

These issues also raise a few questions when we look at the Swedish system. A system protected by government and is totally untouchable by people until they retire. This quote came from the Swedish national bank this year. The question on the safety of retirements as such what return on investment has been achieved. the statement was “The major Swedish banks’ liabilities in US dollar amounted to just over SEK 1,600 billion at the end of 2012. Approximately 20 per cent of these liabilities consist of deposits, above all from large non-financial and non-bank financial companies.” So at 1.6 trillion Kronor, the outsourced risk that adds up to almost to SEK 226,000 for every Swedish citizen, all those funds in one investment? That looks like a very dangerous investment indeed, as that makes it the bulk of all the retirement investments all in one fund. When I look at my Swedish retirement savings then I have seen it go up by less than 5% annually (because I have annual costs, but I no longer live in Sweden and therefor no longer add to it). So what dangers are there for retirement investments all over Europe? France is in a peril no less dangerous, especially as President Hollande is asking the retirees to fill the French Coffers. Perhaps he will add a “s’il vous plait” (‘please’ in French) to that request at the end, but the message is rather clear. (Source: http://www.huffingtonpost.com/2013/03/05/france-pension-reforms-hollande_n_2810024.html)

There is a European issue with retirement incomes, and it seems that the push it forward routine, as I started with in the beginning of this blog has been a blanket policy for many nations. Should they blame former president Nicolas Sarkozy? He tried to up the age of retirement by 2 years. I do not think it is fair (mainly because dangers were not reported in time). Not unlike the Dutch system as I mentioned in previous blogs. The push-it-forward routine has been employed for too long in several nations.

These retirees all worked hard until they retired. The fact that the younger generation holds those to account and not those who refused to act is unfair. We should add the question on issues that banks had like rogue trader Jérôme Kerviel. A person who decreased French bank values by almost 5 billion Euros. Even though he was convicted and he was supposed to pay this back. How much was actually paid back? Was all this money returned? It is so tearful to somehow this poor poor man has lost it all. Did he? He never owned 5 billion, so it was not his to lose. So if we see all these international trading shortfalls in France, UK, Netherlands, Italy and a few other nations (I reported on those issues in previous blogs). Those sums are more than the combined retirement funds that are about to get endangered. I think these governments should get those coins back before they go after the somewhat defenceless retirement funds.

Still today governments are setting out costs that they cannot foot the bill for. To now address retirement funds is an unacceptable step. Consider the initial Dutch version were in their own admission plans had been in the making for one year. Look at cutbacks that have not yet been met. These events show clearly that these events should have been stopped yesterday, whilst allowing them tomorrow has every realistic view that they could leave the entire upcoming retiring generation destitute.

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July 2, 2013 · 15:38

Microsoft Mattrick was not alone

Anyone who has any view on the gaming world, then that person might have heard about the Xbox One and also heard the scary announcements that were made by Don Mattrick. Views that had to be altered only 2 days after the E3, the most important event in the Gaming industry. Do not think it is a small geeky thing. The E3 is massive. The gaming industry has grown in 15 years from ‘sizeable’ into a multi-billion dollar industry, so those who are there are there for plenty of reasons. The E3 is next to Comic-Con seen as the place to be to bump into Hollywood stars. Funny part is that they get to revere the geeky guys who come up with games like Mario, Metal Gear Solid as well as leagues of sport stars when they announce the EA sport line.

In this environment the Xbox One was launched, and the following revolt by gamers all over the planet gave Microsoft the scare of their lives. As a result Microsoft did a 180 degree on their policy, giving their new console the nickname Xbox 180. That was not the end. Even though things are announced to be back to what they were, their market share is not. It is not unlikely that Microsoft is now at risk of losing 30% of their market share and most of that to Sony. That, in a multi-billion dollar industry is a lot, it could be the biggest drop in market share a main player has ever experienced by its own plans.

So the following news I saw today that Don Mattrick is leaving Microsoft for Zynga (the people behind Farmville), as I read it, I saw many messages drop by. Some making fun of Don, some leaving a ‘happy you leaving’ message to Don. Gamers can be so emotional!

http://www.forbes.com/sites/tomiogeron/2013/07/01/report-microsofts-don-mattrick-to-leave-microsoft-considering-zynga-role/

The reality is that this is far from over. Do you think that this is over? Do you think one man like Don Mattrick actually sets the trend to a market THIS BIG and you think he is alone? No, he took one for ‘the team’, and it likely comes with one hell of a golden parachute. You see, the picture that seems to be intentionally missed is that data gathering is big business. I am not talking about what the NSA might be doing. This is about market research, customer metrics and product predictions. Gathering certain key factors makes all the difference. That is the multi-billion dollar industry that Gamers are not interested in, but one that Microsoft is adding and as such the Xbox One is not a gaming console, but a Home entertainment system. It will be offering TV, Movies and games. All that info will help them finding the holes in what we desire and cashing in on it. Information that is worth millions! Now this data would be grabbed on a scale of many million consumers and on a global scale. The value that it would represent is beyond what you can imagine.

http://www.nytimes.com/2012/10/20/technology/microsoft-expands-gathering-and-use-of-data-from-web-products.html

So, I was not the first to state it, and I will not be the last. It is important that you realise that these claims do not come from some conspiracy theorist wannabee, but from Journalists working in some of the most renowned newspapers in the world.

So Don ‘you have to go on-line daily’ Mattrick is not alone in this game. To start this all with the Xbox one would have been only the start in achieving gathering on a much larger scale. That is how I see it, and that is also why interactivity with other devices was so important. The more interaction there is, the more complete the picture becomes. Smartglass is only one part of interaction, the fact that they are letting you interact with your home system with iPhone and iPad means that they would be getting even more of your available data.

Do not think I am just making this up. The privacy issues, as reported initially, were reported by IT experts in privacy in Germany and several other nations too, amongst them Peter Schaar who is in charge of Data protection and freedom of information in Germany. In the German magazine ‘der Spiegel’ he mentioned the dangers on privacy that the Xbox One could be. http://www.spiegel.de/netzwelt/games/ueberwachung-datenschuetzer-peter-schaar-kritisiert-microsofts-xbox-one-a-901893.html

Do not think that you are suddenly getting downloaded. No, that would be illegal! This will be a smooth transition over the next 2-3 years. By interacting you will get many cool little extra’s you normally would never have. Like movies behind the screens on your iPad (as they showed on CNet). Soon it will interact getting your mobile to Skype directly to TV, to switch information through your pictures and events. Before you know it, you will move all data to the cloud for ‘free’ backup services; you will only need to agree with the terms of service. That is when it will happen. A new form of business and it is enterprising on a new level. Where business sits in the centre of the web and we are all like a fly, just going into their web. We do this because of the benefits we are offered, like an exponential multimedia interacting form of Facebook. We by ourselves have no value, but their return comes a million fold as we all accept their terms and conditions as we are offered free extras.

Why is this situation so dangerous?

You see, initially we think that there is no difference, but consider that these numbers are all used to find the points of profit. Where we are subjected to what 98% likes. By that reckoning cult series that grew over time will now get cut suddenly or after a few seasons, as the results are not up to marketing standards. Consider that series like Firefly, Pushing Daisies, Veronica Mars, Jericho, Dollhouse, Heroes. These series got all cancelled on ratings. In the new set-up they could get cancelled in half the time. An interesting part is that the writers of Veronica Mars set up a kick-start event, and the funds for a third season were achieved in 10 hours and will launch early next year. So one in several series gets another shot after the ratings. What series will you lose because 98% prefers sports or Glee? You see artistic creativity is not about numbers. Remember, that because of fans the original Star Trek series got another season, now that series and what came after is now the biggest milk cow in the history of Paramount. There is no way that this could have been predicted.

We will miss out on series after series, limiting views and artistic growth, because it does not confirm to what people expected initially. It is not initially an issue for most, but these events will add up and we diminish ourselves accordingly. It is a danger I do not want to see, because those who will be given the power to decide will always act on greed. We have decades of evidence in that regard.

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July 1, 2013 · 02:07

Classes of Classification

I was about to do that horizontal thing (sleeping, in case you wondered), where one is in a natural state and loudly snores like the local sawmill! I was actually looking forward to that event. It is almost 00:30, so I need to get up in about 5 hours. However, Sky News stopped that idea pretty quick.

The reason is that the news just showed me a part involving Edward Snowden and more information he ‘leaked’. In this case it was all about spying on the EU diplomatic mission and how that was ‘strictly confidential‘, roughly 0.0324 seconds later I was more than wide awake and started this blog.

So what are the issues? Well three come to mind, but the third one is for a little later down this story.

So the first issue is the classification. No matter, whether the documents were from the CIA, NSA or Alphabet Soup Incorporated. There are levels of classification. Confidential is a lower level. Apart from the issue that there is an issue that the diplomatic integrity of an ally was ‘transgressed’ upon, is there actually any reason why such information would not be Secret or higher? I would even think that this would be Top Secret level information and as such that information remains with a small (read extremely small) group.

Let’s take a look at this ‘Strictly confidential’. I do not have the rules that the NSA applies, but I was able to get the protocol from a World Bank document as to how this is treated. They might be kids play compared to the NSA, but you will get the idea (and I have to start somewhere).

Information and documents that are deemed to be of a highly sensitive nature or to be inadequately protected by the CONFIDENTIAL classification shall be classified as STRICTLY CONFIDENTIAL and access to them shall be restricted solely to persons with a specific need to know. The staffs of the Institutions shall establish a control and tracking system for documents classified as STRICTLY CONFIDENTIAL, including the maintenance of control logs. Documents classified as STRICTLY CONFIDENTIAL shall be:
(i) marked with such classification on each page;
(ii) kept under lock and key or given equivalent protection when not in use;
(iii) in the case of physical documents, transmitted by an inner sealed envelope indicating the classification marking and an outer envelope indicating no classification, or, in the case of documents in electronic form, transmitted by encrypted or password-secured files.

So if we consider the digital version, and consider that most intelligence organisations use Security Enhanced Unix servers, then just accessing these documents without others knowing this is pretty much a ‘no no’. EVEN if he had access, there would be a log, and as such there is also a mention if that document was copied in any way. It is not impossible to get a hold of this, but with each document, his chance of getting caught grows quicker and quicker. He did not get caught, not for many megabytes of duplication.

So, whether these events were true or not, there is now an issue. Not with external trust, but from my point of view with internal trust. If he remained undetected, then several alphabet groups have IT issues of an unprecedented level. Could this even be remotely true?

The second issue is that like any Intelligence organisation like the GCHQ for example, most people are assigned certain areas. The fact that Edward Snowden had such a wide access is more than questionable. The fact that the press seems to just take whatever he serves up with a certain air that whatever Edward Snowden claims is true should also be looked at. In my view it does not. Especially when we consider that he is stuck in some Russian airport terminal awaiting the option to ‘escape’ to Ecuador. You see, his access raises too many flags. It does not matter whether he is the IT guy. The NSA has dozens upon dozens of them, and as such, the fact that he was able to syphon off such a wide area of information (and get it out of the building) seems to be an issue that no one is too investigative about.

What is this all about? That is the question we should be asking. All these events do not add up. This is not some FBI leak (no attack on the FBI). This is a group that was referred to for a long time as ‘No Such Agency‘. The fact that he passed all kinds of interviews befroe the job (on psychological probing levels far above most can imagine), a man who ‘just’ walked away with the kitchen sink and a USB drive loaded with tagged documents. It does not add up in my book.

Now we get to the third issue.

If some amount of this data would be rock solid, then the US has an intelligence community that is leaky as a sieve.

1. A disillusioned intelligence operator gets a job at a department even more hush hush then the CIA and the psychological interview does not raise flags considering the conditions he left the CIA?
2. That person gets access to information on several levels and from several branches and no one is the wiser. More important no flags on these secure servers are tripped?
3. This person gets the goods into Hong Kong, then casually flies into Russia and now is waiting for his flight to Ecuador, whilst at the same time US extradition groups (according to Hong Kong media) drop the ball in getting a hold of Edward Snowden?

Is no one suspicious on what is going on? I for one see reason to distrust several sources at present.

Looking back, Julian Assange got access to his documents though military channels. There have been less than positive issues with the lack of Common Cyber Sense in several military areas. The fact that those events happened outside of the US and under military field conditions where certain security measures are hard to uphold is understandable. That does not make it right, but the circumstances were pretty unique. The fact that someone walks out of places like the NSA or GCHQ with a USB filled with all levels of information is an entirely different matter.

If we accept this article by Sky News as true http://news.sky.com/story/1109739/snowden-spying-claims-us-bugged-eu-offices, then we could be in for a rough ride.

In the end, reality is that spying goes on at all times on many levels (as stated by Mr Reardon on Sky News UK). Mi-5 tries to keep an eye on what the CIA does in the UK, the FBI keeps tabs on MI-6 in the US and none of them care what happens in Australia. Works for me!

So the fact that the CIA is keeping tabs on the EU makes perfect sense, especially with all those new states getting added. However, bugging the hell out of all these buildings is not that productive overall (as there are other sources to these kinds of information). So is the reality that there were just 2-3 bugs (the German Spiegel was aware of one of them) and some document Edward Snowden had just adds loads more?
What Intel does he have that is actually reliable? Are we being run by some wannabe laying it on thick hoping for a nice fat pay check? I wonder what happens now that Russia and China both lack interest (and Ecuador is not that appealing if one lives there without money). So what of Edward Snowden? Sky had another article on that. http://news.sky.com/story/1109235/whistleblower-snowden-may-return-to-the-us. In this article the father is afraid his son is being manipulated by different parties. Even by WikiLeaks. He might return to US if certain conditions are met.

Conditions? For a traitor? And next they claim that all politicians are straight shooters too!
Well, for those who believe that, I have a bridge to sell you, GREAT view on the Tower of London!

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June 29, 2013 · 20:10

About that house you wanted!

It seems the Dutch are ready to take on the advice the Wijfels commission is giving. Even though not direct, it will end up that you have to pay 20% cash up front for any house or apartment you desire. And indeed, there was the subtle ‘line’ that if you do not have that kind of cash, you should address your pension funds. Interesting on how they are willing to open up pension funds to fund that.

Am I against it? There are two sides to this. On the one hand investing into your own future is perfectly sane. If only there was some level of certainty. You see, the fact that banks leave its taxpayers with their risky investments is one thing, the issue on your house is another.

How does this differ? Actually, it should not. A good house is a good house. However, consider some of the housing. How these houses are currently so much over any normal affordable income. It is nice to see a newscast in comparison with Germany; however, when we look at the quality and square meter price, then these prices are far from average. Of course, when seeking apartments in places like Munich, then yes, the prices might seem comparable. Yet, where we see average Munich prices, that is pretty an average price for living anywhere in the Netherlands. I agree that it is not fair that those factors are accountable to the banks, yet, they were at the centre of events when the prices were artificially pushed upwards.

As they sold mortgages no one cared too much about prices as the interest was tax deductable. When that 7%-9% is no longer part of tax deductibility, then we have a situation where the consumer now pays for it all. Add to that coming up with 20% (in due time) and someone slyly mentions the need to access ones retirement funds, we see another political play to get pensions into the banking equation. There is supporting evidence from all kind of sources. An interesting read was how on average house prices went down in US/UK and other places by well over 20%, whilst in the Netherlands the prices lowered less than 8%. It is unfair to just name one factor, as several economic factors had been in place in other nations too. The US crash never hit the European sides that hard, Europe might still fighting the backwash from those days, but on average Europe never had too much of the hardship the US faced. Another reason is the fact that the Netherlands is pretty much ‘full’. Whilst many nations have plenty of housing space outside of the great cities, the Netherlands has become a connection of large cities, with next to nothing to separate them.

Still this play as such to push people towards their retirement finds is slightly less than acceptable. There is however the other side that must be highlighted too. According to Ernst & Young, between 1996 and 2012, the outstanding mortgage has gone from 138 to 650 billion Euros, That means that outstanding mortgages currently have risen half a trillion Euro’s in just 15 years. Some might think that this is not a lot, yet, consider that that the Dutch population is under 17 million, which seems like the banks remain dealing with 100% of unpaid mortgages. If these numbers are correct, then it bears reason that these numbers should be looked at. Is that actually true? You see, feeling it is wrong, and knowing it is wrong (even with supporting evidence) seems nice from the writers point of view, however what about the reader?

There we get the issue that gives us the crux. When comparing apartments in the Netherlands and comparing them To Sweden and Germany, I noticed something. I lived in two of these locations, so I know what to look for. I compared the Dutch http://www.huizenzoeker.nl, Swedish http://www.bovision.se and German http://en.immostreet.com/germany. When comparing an apartment in Rotterdam and Kista (outskirts of Stockholm) we see a comparable raise of prices, yet overall we get a lot more apartment in Stockholm then in Rotterdam, for comparable prices (30%-40% more living space). This comparison takes an astute dive when we look at Germany, especially Bavaria; where all over the place we can buy 5 bedroom villa’s for a lot less than a two bedroom crinkly monkey apartment in Rotterdam. As such we get a first inkling; if we need 40K to buy a 5-bedroom villa is one thing, needing the same for a 2-bedroom apartment becomes a whole other matter. Interesting how this was not mentioned.

So why so much issues about the mortgage changes? We see a political engine too eagerly bowing to the needs of banks, bowing to a group that has visibly forsaken a population, a group that have left many billions in debts and we still bow to their ‘needs’? Now with the additional need to open up retirement finances that had remained relatively safe until now.

Yet, with the massive outstanding mortgages, what is left?
In addition, knowing that level of outstanding debts, are their demands out of proportions? That question becomes a whole lot more interesting when we consider the following from Bloomberg (source: http://www.bloomberg.com/news/2013-04-23/dutch-mortgage-bond-market-threatened-by-capital-rules-dsa-says.html).

This part throws a whole new hole in these issues. Banks are pushed to outside influences, and even though the government pretend to be fighting the good fight to protect this market, it is interesting that this part was not that visible on the news. It might be that the Wijfels report shows this, but I have not read it, so I cannot tell.

My issue is now with this part of the Bloomberg article “Dutch banks are the second-largest issuers of RMBS in Europe, relying on sales of the securities to help fill a 452 billion-euro funding gap between deposits and loans, Dutch central bank data show.” Excuse me?

Looking at some quick 2011 population numbers:
Germany 81.8 million , France 65.43 million, United Kingdom 62.74 million, Netherlands  16.69 million.

EXCUSE ME?

How (or better why) exactly are the Dutch banks the second largest in Residential mortgage-backed securities (RMBS)? Even if 100% of the Dutch population is now under mortgage (which is statistically impossible), those numbers are showing an enormous gap. What are we not told? Even if we consider the 25% difference in mortgage funding there are a few questions that should be asked out there. What have the banks been up to, and exactly what questions are not being asked, or better, what part are people and perhaps even politicians not getting information on? Half a trillion Euro funding gap reads like that there is a deficit of half a trillion Euro. That could never be covered by 6 billion in cut backs. Before you think that this has nothing to do with governments then think again, if that shortage is not addressed then that money will have to come from somewhere else. What are the odds that this needs to come from taxation in one way or another next?  More important is the news that people saw over the last year. What buffers do banks have, and if so, how come the Bloomberg (a respectable bringer of news) information was not part of the newscast?

Is this an orchestrate play? It seems to me that a clear yes is in play, however, there are sides to this that do not make sense and they are outside of government controlled sources, sources that currently seemed to remain largely unmentioned. To me it seems that both banks and politicians might need to publicly answer some questions in regards to some of these issues and it would be nice that this is done before banks are given any more leeway or options to shift certain finance issues around.

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June 28, 2013 · 13:02

Exploitation fears for tax-payers

The Dutch NOS reported another go with banks in the view of business. Bernhard Wientjes has been voicing the opinion that some of the banks (ABN/AMRO and SNS Reaal) should be sold. It was brought in the air of ‘when you have no more money you start selling the silver cutlery’ would be the next step. As the Dutch government needs to cut 6 billion, the cutting spree could be a lot less. Well, in this matter I personally stand with Finance minister Jeroen Dijsselbloem who is not that eager to do that. There is logic for not doing this, as this relief would be for one year only and after that the cuttings would still need to be found next year. I am worried that certain business men are now in a state to strong hand certain political decisions. I leave it up to the reader whether those decisions are purely for the need of greed.

If business is linked to greed (often called ‘enterprising solutions’) then that would clearly fit in the views of Bernhard Wientjes. As chairman of the VNO-NCW it would be an enterprising solution that is right up his alley. The VNO-NCW is a fusion of the VNO (League of Dutch Commercial Enterprises) and the NCW (Dutch Christian Business Society). Their mission is to support and further the needs of Dutch corporations both on a National and international level. In this he is doing exactly what he is expected to do.

Yet, in this light, at a point where two banks would be sold far below value and at the expense of the tax-payers, one should clearly ask and look at the possible windfall for Bernhard Wientjes and his friends should this work out in that way.

There is a clear valid question whether the Dutch Silver cutlery is currently in a safe position. The reality of 6 billion of cutbacks will start to show a strangling result, yet, this was the danger all along when previous political alliances (2006-2010) were clearly pushing the outstanding invoice forward. Now that there are no more options, the consequences are likely to be dire, and as such in his position Bernhard Wientjes is clearly trying to look forward for Dutch corporations. I see this specific step as a dangerous one and until Dutch banks are clearly on a minimum set standard nothing should change. In addition, I am all in favour at present to keep these institutions nationalised to prevent their boards to just seek additional high risk gains at anyone’s expense to meet personal commission goals, whilst ignoring local needs (mortgages and such).

Even seeing these banks as possible training steps for younger jobseekers on the dole, to give them short term jobs whilst staying on the dole, would give them additional food for job experience. The answers that some view that this is not how it is supposed to be, I would counter, with ‘what solutions do you have?’. We need to change the way we think and operate. Instead of trying to balance which pocket the money is coming from, we should accept that the money is coming from the suit the government wears and see how far we can walk with this suit. Instead of staying on principle of keeping tabs what pocket it comes from, use the principle of it comes from us anyway and focus on instilling knowledge and experience. That will strengthen the young to get a good shot in getting something better with a decent chance. If you have any doubt, then consider that the Netherlands is only one of 3 countries where youth unemployment rates are below 10%. Many of the Southern European countries are way over 40%. If the future of youth employment is about experience, then make sure that the youth are getting a running start now is going to be important down the line. If their future could be a decent job in Germany, then giving them an edge as they compete with desperate youthful jobseekers from Spain, Italy or Greece is essential. Do not think that those kids are any less. Those who graduated from Universidad Complutense de Madrid are more than top Notch. 7 of their graduates ended up with a Nobel price and graduates from there ended up with 2 dozen of other internationally acclaimed awards. So, if we are looking at future events, getting the youth ready NOW will be an essential step.

Yet, this week has even more issues involving banks. A report that is due to be released tomorrow on advised banking changes. The ‘advice’ is to change the mortgage market. In the Netherlands it is currently possible to get a 105% mortgage so that the house and the notary costs and change of owner registration can all be covered. The commission chaired by Herman Wijfels is now advocating that the mortgage cannot be any higher than 80%. This is to prevent that the debt of selling a house at loss would end up hitting the banks. It seems that the banks are all over their need for ‘securing’ for the little man (read the average consumer). Taking into account that the average house in the Netherlands is around $350,000 the question, especially in this era of lack of funds is where on earth will a person get $70,000 in savings when the Dutch taxation system makes it almost impossible to get that kind of money saved up. They also mentioned that this should not be done until the housing market is stronger and prices are on the rise. Like that will help people to get the money. It is interesting that there is no mention of the much more reliable and fair Swedish system. Perhaps the report due out tomorrow will mention it, but I have not been privy to the full report. In the Swedish system a house often has a two tiered mortgage. You have the bottom part which envisions the gross off it (let’s say 80% for argument sake) at a low base percentage. The rest goes into the top part. Now that part (in my case) was almost 2.5% interest higher, but the mortgage was 105% covered. So instead of the unaffordable savings needs, we have a slightly higher mortgage. So, even if we have to accept a slightly cheaper house, we at least can get a house and not be looking at houses, never being able to afford any of it. The question becomes on what it was about. The fact that a report leaks is no news, but that the report leaks just around the same time Bernhard Wientjes is making a play to sell banks is a rather convenient coincidence.

These events are important to consider. This is because the same issues are playing in the UK. Consider that Lloyds is in need of an extension as they are selling 631 branches. This and the issues around the Royal Bank of Scotland do have links, as the UK government needs to cut cost by a lot more than 6 billion (having a Trillion in deficit makes that an awkward necessity). So will we see the same play as some are now seeing if they can sell banking interests at no more than tuppence on the pound? There is absolutely no known plans at present (in case you got scared or overly enthusiastic), but the issues remain, and the solution as such would be there in equal measure. To allow the young unemployed to become part of the bank on internships and training places, so that we can offer a solution where those seeking jobs will have actual work experience in their CV. These measures might seem small, yet the confidence boost that the younger jobseekers gain, could be the winning factor. In addition, extra hands, helping to boost the value of these banks would mean that when sold, they will go for a much better and more realistic value then they are currently set at. All this in a combined effort to strengthen commonwealth economy and their assets, for the simple reason that the European Economic outlook remains grim at best and relying on overly confident reports of economic prospects, that get downgraded quarter after quarter is not doing anyone any good.

 

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June 27, 2013 · 20:53

Opportunities to lower spending

The Dutch have a new observation drone. It is called the Scan Eagle (by Boeing). Unlike the Raven, this little pretty pretty can fly at 1000 meters for 17 hours and is able to observe and find those who they need to find. Even though some are now overly screaming privacy, it is not about those people. This Super Drone as Gerard Schouw from D66 (Dutch Democratic Party) called it. It needs legislation. Who will it observe? For which purposes will it be used? Where is the data stored? There are no answers at this point. To some extent this part surprised me. The Belgium police had been working with camera mounted helicopters for a while (DSAS). They have been doing this for almost 10 years. The Dutch were not? These questions have never been raised before? Nope, Mr Schouw seems to be correct (not that his statement was ever in doubt). Even though as was observed by others that section 3 of the Dutch Police act gives them leeway to use this solution, with these current levels of assumed invasion of privacy, legal questions would and should be asked. (Thanks to blog by Rejo Zenger at www.rejo.zenger.nl)

Yet, is this just about this observation drone, or just about privacy laws? We see a massive growth in the deployment of drones, some with weapon capacity. What are the real issues? The Dutch like many other nations have CCTV, they have helicopters that could observe and with the eye on admissible evidence in case of prosecutions, the idea that the issues of digital image capturing has not been a legal issue before is slightly puzzling to me at present.

No matter how we see these drones. They are not toys and these devices have a clear need. It does not initially matter whether we are dealing with an armed version, or a mere observation version of the drone. The idea that nations have an effective air force without the need to endanger troops is more than just appealing. In addition, in an age where we MUST lower costs, where a predator costs under 5 million and the average fighter jet is almost 1000% the cost of a predator, can we even consider NOT implementing such options? An option that will keep pilots safe, and in addition offer a solution where extensive costs of training fall largely away. How can this solution be a bad thing to consider? Questions will remain, no doubt and we will always need pilots and actual planes, even if it is to get goods and support systems into place. This little pretty pretty can easily be launched from a small launcher and does not need the infrastructure the Global Hawk needs, making it very versatile and could be a great additional asset to non-military support needs.

My first thought was to take these Scan Eagles, add Israeli FLIR technology and the result could be a first actual effective line of defence that South Africa needs to hunt down Ivory poachers. Especially considering the current dangers to the elephant population and their almost assured future of extinction.

The issue of privacy laws remain as Dutch politician Gerard Schouw observed. That need should actually be considered on a European scale. If these drones are making headway, then exploring the laws and rules of observer drones and the current privacy laws then we see the need to address it from both Civil and Common law views. If we can believe last month’s news, then these issues are very much in play in Germany too. Even though they are now dealing with the issue of US drone strikes as these drones seem to have been operated from Germany, issues on privacy laws as observation drones are operated in other countries will be food for legislation in more than just equal measure, especially as several European defence forces are now in talks/finalising stages for acquiring drone technologies.

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