Tag Archives: Axios

In my house I decide

Do you have that situation where you are and you want a new sofa, so you decide to buy a new sofa? So far, so good. You go to the shop and you buy the sofa you want. Now this is the setting where the flavour changes. So now you are there and you almost have it, yet you need it in Cobalt blue and it has to be 35 cm wider. So you tell the furniture maker that you expect that model to be there as per next week.

This is where we are when we see ‘Trump Pressures Saudi Arabia to Increase Oil Production‘. With the quote “President Trump tweeted on Saturday that he had once again leaned on Saudi Arabia, the world’s largest oil exporter, to increase production by as much as 2 million barrels a day” the NY Times implies at (https://www.nytimes.com/2018/06/30/us/trump-oil-saudi-arabia.html) that the US is in charge of Saudi productions. So in light of the setting that Bloomberg gives through “President Donald Trump said he persuaded Saudi Arabia to effectively boost oil production to its maximum capacity to cool down prices“. In that directive, I think that we all deserve equality and that fair prices need to be set. So in that setting, it is my view to demand from the president that he call Bill Gates and demand that the pressure on the life of gamers need to be equalised and through that, he must demand that Microsoft on line stores prices should not be more than 20% of the physical copy of a Microsoft product, or a Microsoft Live, or a Microsoft game console product.

You get it Donald? It’s their house, their product, their choice. Your predecessors fucked up ‘your’ house by not properly taking care, now that the consequences are here, you have to pay, that is the deal in real life. 1300 children are killed each year through guns because the previous holders of the oval office refused to take proper care (an ATF reflection).

The people are in a state when we see that California has the 50th lowest quality of life for all states in the US, a consequence of not being able to set the proper stage against exploitation, yet that is not possible as we see through CNN (at https://edition.cnn.com/2018/01/13/opinions/sams-club-walmart-corporate-greed-tasini-opinion/index.html). We merely have to see: “as if by doling out money, Walmart should earn a medal. But, let’s look closely at the reality. If you worked 40 hours a week, 52 weeks a year at $11 per hour, with not a shred of time off, you would earn $22,880. The federal poverty rate for a family of four is $24,600 — and the formula for the official poverty rate understates the difficulty of surviving at that income level“, now consider getting by anywhere in California on $22K, that whilst the bills pile up and when we consider the dozens of Sam’s club stores closing in California, the people will need to see where they can ends meet soon thereafter. It means more mileage and that is where cheap oil is essential, without cheap oil the American cogs stop. So as the US has already pissed off the larger player (Iran), it is desperate to get Saudi to give 2 million barrels a day more so that the price can be kept low. Yet, why should they? Were we given fair dealings in the 90’s? When oil makers could make a killing in upsizing price on petrol, were we protected? No, we were not, yet now, all have to give in for the needs of America. So what’s in it for Saudi Arabia, two F-35 squadrons on the house perhaps? So now we get to US News (at https://www.usnews.com/news/business/articles/2018-06-30/trump-claims-saudi-arabia-will-boost-oil-production), where we see: “”During the call, the two leaders stressed the need to make efforts to maintain the stability of oil markets and the growth of the global economy,” the statement said. It added that there also was an understanding that oil-producing countries would need “to compensate for any potential shortage of supplies.” It did not elaborate. In a statement issued Saturday night, the White House did not specify that Saudi Arabia would increase production but that “King Salman affirmed that the Kingdom maintains a two million barrel per day spare capacity, which it will prudently use if and when necessary to ensure market balance and stability, and in coordination with its producer partners, to respond to any eventuality.”“, yet in that how must we see ‘necessary to ensure market balance and stability‘, and in line towards the needs of others? How is that seen? You see the US is not the only place with an issue, even as the signals are clearest in the US, seeing southern Europe in a state where ends can barely be met, the need is actually seen in different ways. That is partially set when we go to Oilprice dot com. There we see Gail Tverberg give us: “Newspapers in the United States seem to emphasize the positive aspects of the drop in prices. I have written Ten Reasons Why High Oil Prices are a Problem. If our only problem was high oil prices, then low oil prices would seem to be a solution. Unfortunately, the problem we are encountering now is extremely low prices. If prices continue at this low level, or go even lower, we are in deep trouble with respect to future oil extraction“. When we look back we see that the oil prices have been above what it is now from 2004 onwards, with a small dip in 2009. So the issue of prices should not have been an issue, because all prices go up, even if the production prices go down (like downloading online games), the full price (sometimes even more is demanded, also when the shoe is on the other foot, does the US have any right to complain? In this Europe is in a similar track. This is clearest seen in the Independent (at https://www.independent.co.uk/news/business/news/uk-petrol-pump-prices-latest-rise-crude-oil-diesel-cost-aa-a8382801.html), where we are treated to: “UK petrol prices near four-year high despite crude oil costs falling. Latest figures from AA show pump prices have not followed the slight decline in crude costs over recent weeks“, in addition we were given “Less than a month ago, the petrol retailers were falling over themselves to warn of pump prices at record levels. Now that the price of oil has fallen away and fuel costs have followed, in true form, they have kept quiet and carried on charging cash-strapped motorists the maximum for their fuel“, that was last month, and now there are indication that such a move might not be far behind in the US and for them the only remaining option is to artificially push prices down.

So who is in charge in the house of Saud? One would assume the King, yet the way the US is presenting the news, he is not and that is a really bad move to make. If there is a chance that barrels get back to $100 each, the setting from California becomes a nightmare, with summer and no air conditioning, the people are faced with air conditioning in their cars, so that they, oh no! They cannot afford the gas, because when a full working week still leaves you $2,000 below the poverty threshold, we will see that life in California will not be one for the better, but one for the lesser. So when we get back to the quality of life with Texas in 46th, Nevada 43rd, Alabama 35th, and Georgia 32nd, those living there and smothering to death because of the fuel prices might consider North Dakota in 1st, just be aware that they also get fuel prices, they get them in winter. Yet the list (at https://www.businessinsider.com.au/us-news-best-states-quality-of-life-ranked-2018-2), in the end, the quality of life i not merely the heating and electricity, the fact that I push it does not make it correct, it is merely a factor in that larger setting of a nation where equilibrium has faltered for too much and the unbalance is not merely there, it is also all over Europe. The entire ‘everyone on the equal size‘ was never going to work, but those worse off were willing to sign on for the EU fairy tale. Now that the dream ended and the owners of resources have a clear option to push forward their own agenda’s, the other players start being cranky because they continued the unrealistic dream.

It does not stop there, in their house (the USA) the issues are now equally exploding as Axios reported that “21,000 companies in the United States have filed for tariff exclusions claiming Trump’s trade war has caused layoffs and makes them at risk of folding completely“, yes that was always a danger and it is now hitting the US full on, so whilst there was the given notice of benefit, the drawback is growing almost exponentially. That whilst CBC (the Canadian edition) reported “On Friday, the federal government unveiled an updated list of U.S. products that are about to be slapped with tariffs while promising to spend up to $2 billion to protect jobs in the steel and aluminium sectors on this side of the border in the wake of a burgeoning trade war with the U.S.“, so not only is the US down $2 billion (and a lot more than that), the inflicted damage of businesses folding (as Axios stated it), is the double whammy of the worst kind on the US economy. So not only are they facing ‘retaliatory’ issues from Mexico, China and Canada. The setting is now that in addition to the backlash on one side, the other side is buckling too. This is given to us by Jeremy Grantham (co-founder and chief investment strategist of Grantham, Mayo, & van Otterloo, a Boston-based asset management firm) gave us “Once you start thinking in certainties, you have real trouble. When the facts move against me, I moved down from 50 per cent probable to 35, which is my official forecast. If we keep on fighting trade wars with Canada and the EU, and so on, it will go to 30, and then eventually 25 and fade away“, so these are merely probabilities of making even or better. So how many will invest their fortune when the chance of merely breaking even is on a half way chance or worse? It seems to me that the option of short selling US commodities never looked better. Don’t take his word for it, I surely wouldn’t do that. What can a 79 year old Brit tell you? The fact that he is on the list of the 50 most influential voices in the market would not count, would it?

We can agree that the house of Trump is in all kinds of settings and dangers, but it is his house (to merely coin a phase). In that same place the house of Saud is the sandbox of King Salman of Saudi Arabia (with oil and all). The mention that: ‘he had once again leaned on Saudi Arabia‘, is not only a wrong setting, it is a disrespectful one and the NY Times should have known better. You see, the NY Times implied a quote, yet the actual quote was: “Just spoke to King Salman of Saudi Arabia and explained to him that, because of the turmoil & disfunction in Iran and Venezuela, I am asking that Saudi Arabia increase oil production, maybe up to 2,000,000 barrels, to make up the difference…Prices to high! He has agreed!“, which is a very different setting. Now, we will never accuse President Trump that he has any correlation to a diplomatic mind, but the given issues ‘turmoil & disfunction in Iran‘ , as well as ‘am asking that Saudi Arabia increase oil production, maybe up to 2,000,000 barrels‘, the message is not the same and there the NY Times failed the readers in a disastrous way.

There we see that a dialogue is optionally created where lowering oil prices might get the US through the next summer and winter. In these two houses (US & Saudi Arabia), we see changes, we see technological progress in Saudi Arabia, yet in the US that is happening less and less because the house of US is as Americans say ‘not a house of us‘, it is the house of Wall Street and we are merely allowed to rent it for now. It is a dangerous setting and the changes that the Tariff war will push, as well as the exploitative nature of corporate America. You merely have to look at the track that it took for minimum wages to go up by $1 an hour and when you consider that the minimum wage was $7.50 in 2007, So when you consider the consumer price index and that it was 209.876 in 2007, and that it is now 261.696 implies a 24% shift, the income gives rise a 46% increase, one would state that this is good. Yet the one does not refer to the other and that is where the people are really hurt by people hiding behind consumer indexes. You see, the Consumer Price Index (CPI) is a measure that examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. It is calculated by taking price changes for each item in the predetermined basket of goods and averaging them. And that is where the issues start. Not merely the ‘average’, the fact of where they are offered and where the people are. Transportation has taken a much larger shift as has the price of medication, so the entire setting is out of balance. So when we see: “The cost of living in California is higher than the national average. State of California salaries average $62,964.00, indicating a pay rate that is higher than the U.S. average annual salary by $9,343.00. The consumer price index (CPI) of 270 in California is 10.20% higher than the U.S. city average CPI of 245. The sales tax is 7.25%“, all shifts that line up and now look back at the Wal-Mart person having to get by on $22K. Now, California is the most visible one, but by no feat the only one, or the largest one and similar issues are growing in Europe. That is the shift that matters. We need to make sure our houses are in order and we have rights to decide on how our house is set in order, the ones elected to be in charge decide, not the media or the players setting a stage of profiteering. The gap of rich and poor does not merely exist, the gap between the two is growing faster and faster on a daily basis. Did anyone ever signed up for that?

I have no issuer that the well-educated and the visionaries make more, because that is the game, yet the issues are growing where those who have neither are rigging the game in their favour and against everyone else. The mere indication that governments let them is also a larger issue and even as we see that it is the largest in Wall Street, that same issue is seen all over the world, even in Australia where parliament is all up in arms on issues that are not gifted with any evidence on stopping Huawei, whilst we see a larger push from places like CBRE and the Noble Investment Group on housing that no one seems to be able to afford. The leaflets look to good to be true, but when we see, it is all in Chinese, is that not peculiar in Sydney? Whilst we see in the Sydney Morning Herald (at https://www.smh.com.au/business/companies/investors-snap-up-90m-in-city-fringe-offices-20180610-p4zknj.html), ‘Investors snap up $90m in City fringe offices‘ with the quote “Investors have snapped up more than $95 million in sales of city fringe office assets to get a foothold in the booming sector“, with in addition “CBRE and JLL recently co-sold the 7 City View Road property in Pennant Hills, Sydney to EG Funds Management for $32 million. It is leased to the National Broadband Network, which is moving to Dexus Property’s 100 Mount Street when its completed, and Government Property NSW“, that whilst social housing is at an all-time low. Is it not interesting how governments give millions away with a marketing ploy down the road that it feeds the coffers? Yet when you give away 90 million, how much do you snap up? That in contrast from Android Headlines, who gives us: “In a prepared statement, Australian Prime Minister Malcolm Turnbull asserted the laws passed on Thursday aren’t meant to target any particular country but previously went on record to express concerns about China’s geopolitical ambitions in the region, having previously admitted the new legislation is bound to raise tensions between Canberra and Beijing. Previous reports suggested Australian lawmakers resolved to enact harsher punishments for foreign political interference attempts after the local intelligence community provided them with evidence suggesting China attempted to influence a broad range of its institutions, going to the very top of the administration“. So when we see ‘harsher punishments for foreign political interference‘ did the PM consider that they already opened the door to make housing unaffordable? So when you can no longer afford to live anywhere, does it matter what happens afterwards? It seems to me that the PM is playing a game of the parliamentary calling the landlord dubious, whilst giving a wide open field to those changing the settings towards Australian quality of life. It seems almost childish to look at the Huawei Mobile because it was not made in America.

So when we look at ‘In my house I decide’ was that merely the building, or does that include the commodities and the Feng Shui setting of what brand of mobile is allowed and who delivers the crude that pumps the ovens for the creation of electricity to recharge our mobiles?

How deep did the security services look into the fact of those (read: Chinese investors) who are the upcoming landlords of Sydney

 

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The wrong claim to make

I have been taking a much larger interest on the entire Facebook and Cambridge Analytica issue. Not because of what was done, but because of what US politicians are about to try. In that view it seems to me that the media is assisting the US government. Pretty much every media publishes ‘Zuckerberg on Tuesday faced a variety of questions from 44 senators‘, yet not one gives us that list of these 44 senators. Online publication Vox had a list of 103 which was equally useless. So why are the readers not getting properly (read: more completely) informed?

As I have a promise to keep (to myself at least), let’s take a look at the first one who really pissed me off. The person in question is U.S. Representative David McKinley, not even a senator. Yet with the quote “Your platform is still being used to circumvent the law and allow people to buy highly addictive drugs without a prescription. With all due respect, Facebook is actually enabling an illegal activity and in so doing, you are hurting people. You’d agree with that statement?” he opened himself to all kinds of issue. So let us take a look. CNN gives us (at http://money.cnn.com/2018/04/11/technology/mark-zuckerberg-questioned-over-facebook-opioid-sales), with the additional quote “Google agreed to pay $500 million to the Department of Justice for showing prescription drug ads from Canadian online pharmacies to U.S. consumers. It stopped the practice in 2009 once it became aware of an investigation by a U.S. Attorney’s office. But sellers are still finding ways of posting about drug sales on platforms like Facebook and Instagram, which critics have accused of being reactive, largely waiting for activists, or the press, to surface issues and help police their platforms“, so the issue is a lot larger and has been around for a long time. So the US representative is not opening legal avenues attacking the Canadian Online pharmacies, no it is attacking Facebook and Google. The issue here is hypocrite on several levels. You see we see part of that evidence (at http://www.cbc.ca/news/opinion/oxycontin-in-canada-1.4607959), even as the investigation into Purdue Pharma is underway, the issue is a lot larger. We get one part from ‘OxyContin was aggressively marketed as a revolutionary painkiller. But many patients became addicted, leading to a country-wide class action lawsuit against its maker‘, the other part is seen in the NPR event “Doctors In Maine Say Halt In OxyContin Marketing Comes ’20 Years Late’“, so we see the news that is given in February 2018. These facts alone give rise to the geriatric dementia dangers that are possibly within business man David McKinley, a man currently elected as a U.S. Representative. In addition to that part, the fact that the US government failed its citizens is open to discussion in the 2015 release of “the Food and Drug Administration. (FDA) approved, in August 2015, extended-release oxycodone for use by children between 11 and 16 years old with “pain severe enough to require daily, around-the-clock, long-term opioid treatment for which alternative treatment options are inadequate“, so there is a much larger failure in play. The fact that the FDA approves (for specific reasons mind you) the use of OxyContin and the fact that it is FDA approved makes it a much larger issue.

The fact that there is ample evidence that US politicians were sitting on their hands for close to 2 decades gives rise to the thought that U.S. Representative David McKinley should give up his seat in what I personally would see as too old to hold any public office position, perhaps at 71 he no longer sees the need to correctly set the dimension of information of any issue. His attack, the fact that this is a lot more complex, in part because the US government chose to not act for 2 decades is also decent evidence to add in this case. In addition, we see that the reformulation to make it harder to abuse opioids (which is an act that makes perfect sense), gave way to ‘Making opioids harder to abuse led to a spike in heroin overdoses‘ (at https://www.axios.com/opioids-heroin-overdose-deaths-1523481019-63cfb423-e1fc-4925-9a80-3406625389b5.html). Here we see “Adapted from Evans et. al., 2018,  “How the Reformation of OxyContin Ignited the Heroin Epidemic”, The National Bureau of Economic Research; Note: “Opioids” includes all opioid related deaths aside from those that are exclusively attributed to heroin“, so basically the junkies and their facilitators found another way to get high and they died in the process (serves them right). It seems that as I found all this evidence in less than 30 minutes and there is almost 20Mb of unread text for me to go through, shows just how lame (or is that blatantly idiotic) U.S. Representative David McKinley is showing himself to be. There is an accepted issue that in some cases non-US advertisements have no business being shown in the US, yet in that situation, my e-mail wad been flooded with the options for silicone tits, 14 inch sausages, Viagra and Cialis for well over a decade from US sources, so how much ‘policing’ did these US senators opt for from 1996 onwards to ‘protect’ non US citizens from these ‘illegal’ drugs? It seems to me that this is an almost perfect example of ‘sauce for the goose, sauce for the gander‘, yet we can feel decently certain that U.S. Representative David McKinley will not see it that way. In addition to that CNN gives us “More than 63,600 lives were lost to drug overdose in 2016, the most lethal year yet of the drug overdose epidemic, according to a new report from the National Center for Health Statistics, part of the US Centers for Disease Control and Prevention. Most of those deaths involved opioids, a family of painkillers including illicit heroin and fentanyl as well as legally prescribed medications such as oxycodone and hydrocodone. In 2016 alone, 42,249 US drug fatalities — 66% of the total — involved opioids, the report says“, this has been going on for a while; this was not merely some Facebook advertisement issue. The CDC shows data going back to 2000, long before Facebook became the behemoth entity it is now. So whilst everyone is kicking up every stink in the place, the issue remains that the FDA approved Purdue Pharma to start making it, so even as U.S. Representative David McKinley could have been visiting their office in Stamford, Connecticut, USA. It is now shown that kicking it on the soul of Mark Zuckerberg is much more personally rewarding for him. In that his quote “why Facebook hasn’t done more to remove posts from sellers offering illicit opioids“, in equal measure does not show the efforts that the FBI has done to crack down on the sellers either. You see, if he had done that we would have ended up (at https://www.cbsnews.com/news/opioid-fentanyl-darknet-drugs-fbi/), showing just how easy it is to the evidence we see here: “Attorney General Jeff Sessions said darknet vendors are “pouring fuel on the fire of the national drug epidemic” and this year doubled the number of federal agents working on those cases. It’s part of the Trump administration’s tough approach to the drug crisis that has focused on harsh punishments for dealers. Critics say the overall strategy resembles a return to failed drug-war tactics and that the record $4.6 billion included in the spending plan the president signed last month is not nearly enough to establish the kind of treatment system needed to reverse the crisis“, it does not absolve Facebook, but it shows that when you are in a house without a roof, blaming the faucet for all the water is just as stupid as it gets. So with this small article I introduce the honourable U.S. Representative David Bennett McKinley, who should, as I personally see it, be up for replacement at the next election.

And may he be replaced by someone who truly takes a proper look at the dimensionality of events and present them equally correct and fair. So we will leave that consideration up to the people who are part of the West Virginia’s 1st congressional district. I reckon that with a population of 615,991 (2010) there is at least one other person who is up for the job.

Now, let’s take a look at the data of the next elected numbskull, have a great Friday all!

 

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