Tag Archives: Camrose

Working with Germany again?

This is the direct sentiment that came to mind. When I see ‘Boris Johnson should be jailed over Brexit claims, says ex-David Davis aide‘ (at https://www.theguardian.com/politics/2017/aug/09/brexit-political-party-james-chapman-david-davis) my initial thought was that someone did not like Boris Johnson. Now, that is fair enough. We all have loads of issues with one politician or another. The do not always serve our cup of tea and some politicians never will. It is merely the nature of things. So I started to read, as I was interested who had a go at the only politician in Britain who has a worse hairstyle than President Trump. So here we are looking at James Chapman and what this is about. The quote: “The former chief of staff to David Davis has said Brexit is a catastrophe“. My first question becomes ‘How so?

Let’s take a simple look.

So far Brexit has not even started, the Pro-EU cabinet members have often too much personal issues in this and there is no evidence at all that it is a catastrophe. We knew there would be hard times for all was never in doubt. Yet at present we are being downed by ‘fake news’, false reports drowning in fearmongering that usually have disaster headlines with the included word ‘could’.

When we look deeper into these articles we get emotions and the clear indications that they just don’t know. In my view James Chapman would be the kind of Englishman who would see in 1939 if ‘mutual coexistence‘ would be an option between Germany and England. Do you remember how that ended?

Now consider the top 10 headlines when I search for ‘Brexit’:

  1. Britain’s Brexit negotiators denied water by Brussels during divorce talks, civil servant claims
  2. No agreement in latest Scots-UK Brexit powers talks
  3. There are whispers in Whitehall about a ‘soft landing’ Brexit
  4. BREXIT BOOM: Surge in UK investment after EU exit as firms to spend less on European staff
  5. Courts will STILL be ruled by EU even AFTER Brexit, warns senior Tory MP
  6. Britain told to WAKE UP by ex-Irish minister who says fury over Brexit could BOIL OVER
  7. Brexit fears lead to hike in UK foreign currency accounts
  8. Bank of England warns Brexit will put strain on regulatory resources
  9. The Bank of England is reviewing more than 400 firms’ Brexit plans and there are ‘significant issues’
  10. Employers struggle to recruit staff as applications drop due to Brexit

So the reds are all what I would regard as utter (read: mostly) BS issues, dripped in what we should call stupefied emotions. And they are on both the pro and anti Brexit sides mind you. One of them is about ‘whispers‘, which is basically the jump to gossip as there are no facts, there are no resolutions and the people in Whitehall seem to be utterly clueless on what is happening. Part of that is shown even better when we consider Sky News with ‘Deloitte feels Whitehall thaw after Brexit memo sparked fury‘ (at http://news.sky.com/story/deloitte-feels-whitehall-thaw-after-brexit-memo-sparked-fury-10968774). So when we see “Sky News has learnt that Deloitte has in recent weeks begun participating in at least one central Government tender process“, in this the part ‘begun participating‘ implies that they were awaiting some sort of resolution, so they stopped participating, waiting for the dust to settle and now they feel a thaw? With: “The crisis in Deloitte’s relationship with the Government was sparked last November by a consultant working for the firm. His memo had not been commissioned by ministers or civil servants. It referred to a lack of Government preparation and “divisions with the Cabinet” over the Government’s Brexit priorities – ironically, both criticisms which have been levelled at Mrs May’s administration with increasing frequency in recent weeks.“, as well as “Deloitte’s memo prompted an apology from the global accountancy firm, saying: “This was a note intended primarily for internal audiences“, which as I personally see it was a blooper of the first rate and someone was upset with Deloitte. So it seems that someone’s memo, not the Brexit part was to blame in all this. The news is littered with these fearmongering acts all over the media.

Now the Orange headlines are basically emotional parts. First the Irish Prime Minister, you might remember how Ireland started to defend Apple regarding taxation not paid. So as we see its prime minister with the quote “Irish prime minister Leo Varadkar has signalled he is prepared to delay the ongoing Brexit talks unless he is satisfied with any post-Brexit agreement over the issue of the Irish border” that he is very willing to be an Irish pain in the ass on issues that have several unknowns, which means that there is no given answer. I am going with the part that someone elected as Prime Minister should be aware of that, or easier stated ‘he ain’t that stupid!‘, by the way, how is that €15 billion being spend? We can consider that the statement “I think it’s time that there’s an outbreak of common sense in London and that people who decide that solutions have to be looked at, all solutions have to be looked at and it’s particularly sensitive given the context on the island of Ireland“, is pretty valid, there is no denying it, yet when Ireland decided to set its nation up as a tax haven, how much consideration and information was given to the UK? The spring goes both ways Mr Roche, I admit that he is not wrong, yet he is playing a political game (one he is allowed to do mind you), and we need to acknowledge that the political game is about personal gain for Ireland (also a valid tactic), so let’s not blame Brexit for unknown quantities at present. There is one exception, with item number 7 we see that the media fears have moved people to shifted their accounts with currencies. The fact that we see spikes of 23% is one indication. You see, in the end the people will lose there, the banks will win no matter how it all goes. It takes one emotional article for the people to shift to the German Mark or the American Dollar, yet in this, unless you keep your eye on the ball 24:7 you basically end up losing in the end, the amount might be small, yet with the transfer fees and administration you will still take a hit. So as people shift to the Euro, whilst we saw 2 days ago in the Business Times “high debt burdens and aggressive valuations will conspire to crimp capital gains on European bonds this late in the global credit cycle” In addition there is the fact that several senior economic voices are now worried on the bond bubble and that it might burst, so as we realise that Mario Draghi has €2 trillion in junk bonds, what do you expect to happen to the Euro? Those who moved to the Euro face the risk (again, I state the risk) of losing 5%-10%, when you have a £2000 in your account, you basically withdrew £100-£200 and flushed it through the toilet. How will you feel when you face that? I believe that those not used to the currency market, shifting left to right face a few risks, yet the chance of actual gain tends to be too small for the effort. As i see it, the juice ain’t worth the squeeze.

The greens are partially (read: mostly) valid, they are news and as such we should not object, yet it is a mere 30% of a 90% trashed value of media, parts all are ignoring and too many people are getting dragged in the emotional tsunami of exploitative media. It is the Business Insider Australia article that is on point, and the only article in blue (at https://www.businessinsider.com.au/sam-woods-update-on-brexit-2017-8), filled with decent news and actual information. With “Woods said a cliff-edge Brexit would pose a risk to financial stability, and proposed a transition period” we see the need for some level of soft Brexit, which is fair enough. My question becomes on the term ‘risk to financial stability‘, just how much of a risk and what the impact could be, both the best and worst case scenario’s. If there was a speculated percentage to some degree (with clear warnings of speculation), that might not be too bad either. We see partially the obvious with “Brexit places “an extra burden” on the regulator’s resources“, which was always a given, yet not mentioning it is also folly. I particularly liked “And financial centres across the EU — including Frankfurt, Paris, Dublin, and Luxembourg — are battling to attract financial services work moving out of London as a result of Brexit as a result of expected legal changes that will make operating in the EU out of London tricky“. I like it because it is part of some sales cycle. They are preparing to move in on opportunity, which in the follow up gives rise to the emotional Irish article mentioned earlier. In this Ireland slices and cuts with both sides of the knife they wield. All valid and business like, yet it puts the emotional Irish outrage a little over the top, does it not? In the end, we do not know if it will even be an option, because there are litigation settings that the European Community ignored and never set in procedures and policies. Is that not equally dim, folly and stupid?

Consider the given, you as a person, when you go to the bank, when you go to the realtor or the gym around the corner. How often have you seen in the ‘contract‘ you signed on the costs and responsibility you faced when you stopped being a member. They all have clauses you had to sign, equally so for your mobile, which tends to be the most expensive part to leave. Yet the high 6 figure income legal minds of the EU in Brussels, none of them had anything in play. All like some jurisprudential catholic marriage of eternity, all with the additional option to screw small boys and girls (read: individual tax payers), how interesting that none had the escape policies in place. We saw it as early as Greece and the EU and the media just emotionally babbled to us all. Now that Brexit is becoming a reality, now it is suddenly all mayhem and chaos wherever you try to get any news.

So we have 4 out of 10, with one exceptional part. That was me googling today. So as we are all drowned in emotion, we need to see two additional parts. Both ‘green’ articles with the subtitle ‘New study shows a the number of people available for new jobs is dwindling, leading to a push in pay for those already in work‘ we see two sides, one that employment is up and pay rise might not feel great (unless you receive it), yet that too constitutes the dangers of rising costs. I advocated even before the referendum that the UK should look at their Commonwealth brothers and sisters. It would have been easy for two years to have an open Commonwealth VISA, one that allows any Commonwealth citizen up to a year into the UK, with optional setting to enhance it, so whilst with that one employer you have a year, that can be extended to 2 years and then to 4 years after which you could automatically become a permanent resident and after that if desired citizen. As employment is essential, you have a taxpayer, not a drain. For job hoppers, there could be the option of residency if they have been with at least 3 employers for at least 2 years, so in the end they get the option after 9 years. The simplest solution and both the political and civil services just drained on some merit that was not even valid in the most virtual of situations. In this the entire NHS mess would never have been any valid emotional media on those so called 86,000 open vacancies. A solution thought of 4 years ago by me. Yet the MP’s are all about some outdated policy whilst trying to push the need for the one market EU link to not be cut, whilst even in those days enough evidence had been submitted that large corporations are the only actual winners in that one market facade. In addition the green articles have mentions like: “Last year’s Brexit vote has made it more difficult for employers to fill jobs with some EU nationals leaving the UK“, the fact might be true, but most of those people were scared away by exploitative media whilst that media knew that there was no given answers at that time? Several issues on immigration and the media, clearly given by .GOV.UK were ignored as setting the minds of the people at peace was not a given option for the exploitative media. So when we see the quotes from Kevin Green, chief executive of REC. We could consider that equally see that with “We can’t ignore the importance of our relationship with the EU to employers“, which gives us that he makes no mention of any Commonwealth options either. If you truly have problems finding people, you look to other places too. When the pond is not giving fish, you can try and try again, or look around to see where the next nearest pond is, or is that version of simplicity just too muddy for the chief executive of the REC?

In equal measure I question the part of “a study by Deloitte suggested 38 per cent of lower-skilled EU nationals are considering relocating away from UK businesses“, I question it as I wonder on the failing of the questionnaire as well as the data and the weights applied, the foundations of the weights and how the data was interpreted. For those doubting that they did anything wrong, questionable or set to the intent of not being clearly informative. Evidence can be found with ‘How to Lie with Statistics‘ by Darrell Huff. Also consider the first political application of results: ‘If the data does not match the needs, simply alter the question‘. So there are several considerations and solutions for the politicians actually trying to work a solution and not whatever personal angle they need to work by exposing emotional sides that were never part of anything. In the second there was the mention of the EU courts. So when we see “SENIOR TORY MP Dominic Grieve said the European Court of Justice (ECJ) will remain a “dominant presence” in UK courts after Brexit despite pledges to break free from its influence made by David Davis“, there is a truth in that. As Brexit is completed, there will remains legal links, yet, is that a bad part? There will be shifts, yet before the EU was ratified, there were legal parts that were already in agreement on both sides. Yet I question to some extent “The European Court of Justice is, in fact, going to continue to be a really dominant presence in our lives even though we no longer have any ability to appear in it“, if we are not an party of appearance, we have no connection to it. The UK will still be ruled by UK Common Law, there can be no question on that. We still have certain allegiances and also legal responsibilities as well as rights. So I question part of this article.

And the truth is seen with “What’s happened is when we leave the EU, the Government decided existing EU law would be incorporated into our own law. The legislation to be laid out in the autumn will lay out guidelines as to how this will operate“, which is part of the debate as it is not a given, or in finality. In addition, as Germany, the Netherlands and France have Civil Law, whilst the UK has Common Law, there will be an issue making things fit. In addition there is “He said it is “unclear” whether judges will be able to apply UK principles when interpreting legislation derived from European Union regulation“, so there is non-clarity, which makes this almost more an Orange than a Green article. Still, valid non emotional questions are asked, which was the foundation I employed towards the use of colours. The issues are actually stated in the Lisbon treaty. Yet, when we see certain parts, we see Article 249c, which gives us at [1] ‘Member States shall adopt all measures of national law necessary to implement legally binding Union acts‘, so this is to binding union acts, and as the UK would no longer be part of the union, it falls away. Yet the Lisbon treaty also gives Article 188J and at [2] we see ‘Humanitarian aid operations shall be conducted in compliance with the principles of international law and with the principles of impartiality, neutrality and non-discrimination‘, which is what UK law was already compliant with, so there are a few legal issues where it is specifically to the adherence of national law, yet which are the issue when the UK is no longer an EU member? The article does not bring that to light, does it?

We see loads of emotional sides, yet lacking the clarity to the degree that it should have had. In all this, the former political editor of the Daily mail is the person who wants to throw someone into jail? so when we revisit the Daily Mail with ‘Google, the terrorists friend‘, I wonder who should be in jail, and as for ‘a terror manual on how to use a car for mass murder‘, I wonder if they looked at the fact that every year 85,000 people in the UK are convicted of drink driving offences. With the toll of 940 killed and 3690 seriously wounded, whilst the UK has a ‘mere’ 90 killed by terrorists, so were terrorists the actual issue, or is exploitation of the terrorist word just better for circulation? I think that there isn’t any person who after being a Daily Mail employee has any business slinging mud after they were the facilitating bucket of mud themselves. That is merely my view on his matter and the fact that the bulk of these pro EU are still crying on the presented setting of £350 million, if that was the only issue, Brexit would NEVER ever have won, the EU has massive issues and it is time for people to stop burying their heads in the sand. I have exposed in several blogs the fact that several issues have never been dealt with whilst the people have been wealthily refunded for decades. The EU gravy train is one that no government can afford and those who enjoy the ride don’t want it to change. The media has equally been too silent on that matter for too long too.

In the end, the people want to return to some quality of life, a path the EU has not offered, has not achieved and will be unlikely to give (read: hand out) any day soon. In equal measure consider the writings of Neville Henderson, British Ambassador in Germany in 1938, so when he wrote “I suppose the chances of Hitler coming out at Nuremberg with what will amount to peace or what will amount to war (thunder there is sure to be) are about 50-50. I opt for the former. If I am right I do wish it might be possible to get at any rate the Times, Camrose, Beaverbrook Press etc. to write up Hitler as an apostle of Peace.“, can anyone remember how Hitler, the apostle of peace solved matters? In addition he wrote “We make a great mistake when our Press persists in abusing him. Let it abuse his evil advisers but give him a chance of being a good boy“, so how good was this ‘good boy‘, so how facilitating was the Press?

Daily Mail 1938Perhaps some remember the Daily Mail in 1938, as they warned the UK of aliens entering through the back door. With “The way stateless Jews from Germany are pouring in from every port is becoming an outrage” the Daily Mail decided to give verdict, yet in the end those who took that backdoor road were pretty much the only Jews left alive after Hitler’s European Tour 1939-1945. So as we see the driving need of revenue through circulation of emotion, we have to wonder what else we should former Daily Mail people stop from doing. We are being attacked on emotional levels from media that should have known better for decades.

So the plain truth is that the UK will get out of the valley of bad quality of life, they will in addition grow faster when they left the EU and I believe that the EU will have to deal with multiple trillions of Euros in junk bonds, it will slow the EU economy down for a much longer time. It will not make it an easy push for the UK, that was never going to be the case, yet in the end, I feel certain that the £ will be the strongest of currencies once more. It is when are showing to win, how many papers will become the ‘turncoats’ shielding certain MP’s from the political emotional games they played together by relying on misinformation? Or will they show us how they used the writings of Darrell Huff to get their personal view across?

 

I personally hope that we get to ask them those questions sooner rather than later!

 

Advertisements

Leave a comment

Filed under Finance, Law, Media, Politics