Tag Archives: China

April 10, 2014 · 12:57

One debt too far?

I feel interestingly happy today. It is almost like I got the big role in the new Alice in Wonderland play. As i am a guy, some will think it is the role of the Mad Hatter or even the March Hare (there is supporting evidence that I am mad as a hatter and nuts as a Hare), but no! Those are not the leading roles. The leading role (apart from Alice) is the Cheshire cat, who was guiding Alice down the path.

The reason for these, are the events as I saw them this morning in the news. These events all took me back to my article on the 19th of June 2012 called ‘The accountability act – 2015‘. My quote ‘This is about stopping those walking out with non-existing virtual profits, turned into real money, and leaving others behind to clean the mess‘, is at the centre of that all.

This is all linked to a number of things, which by the way will have bearing on the Ukraine as well. The first is the article that we saw on Sky News (at http://news.sky.com/story/1239678/imf-warns-investors-over-rock-bottom-rates).

We see two quotes. The first gives us the warning “Investors are becoming dangerously reliant on rock-bottom interest rates, with many becoming so indebted they will face serious problems when borrowing costs rise, the International Monetary Fund (IMF) has warned“. The problem is that these investors include several governments. When we see in that same article “the amount of cash spent on leveraged loans – the high-debt instruments with financial problems – now exceeds the level in 2007 before the crisis“, we are starting to see a clear pattern. In my view this pattern is that those who were in charge are doing it again. Those who wielded certain options are now doing it behind the screens. They are servicing a ‘population’ of what I consider to be not too bright members of a government executive branch and as such the fallout will be well beyond what we considered possible before.

The last quote “The IMF said it was also concerned about the levels of debt in the emerging markets” is the one I leave in the middle for now, I will however get back to this one later in this article.

The second article comes from the IMF themselves (at http://www.imf.org/external/pubs/ft/survey/so/2014/POL040914B.htm) “Across advanced economies, the pace of fiscal consolidation is set to slow in 2014 as focus shifts to how to best design fiscal policies supportive of both further consolidation and a still uneven recovery“.

This reads as ‘In the US, EEC and Japan, the pace of reducing government deficits and debt accumulation will slow as governments are staring at designs of new fiscal plans for consolidation in the near future’. There could be other explanations, but consider that these three players have been utterly unable to close their wallets. They keep on overspending many billions (in the case of the US and Japan up to a trillion) of money they do not have. Over the last several months we have witnessed bad news management on many PRESS levels, whilst not actually looking truthfully at certain events. I will not insult the reader’s intelligence by quoting the LA Times in this case, but the headline that ‘the Global Economy is strengthening‘ reads like nothing less than a joke. The article read like a promotion page, with no real value, other than the percentages they were ‘boasting’ about. For the record, the US leading the way with less than three percent whilst Chinese growth is set at well above 7% might be correct, yet in the second part the US was leading as one of the developed nations, implying that China was not a developed nation, go figure!

The issue (as not shown by the LA Times) is that there are delays with the US for the IMF. In a quote from Australian Treasurer Joe Hockey, the following was phrased by ‘the Australian‘ “Senator Ted Cruz said that the package would unfairly raise US contributions while undermining its influence” (paraphrased).

This reads wrong in several ways. Is the IMF not supposed to be impartial in all this? The mission statement of the IMF (at http://www.imf.org) states “The IMF’s main goal is to ensure the stability of the international monetary and financial system. It helps resolve crises, and works with its member countries to promote growth and alleviate poverty“, it might just be me, but does that not require an impartial approach? If the US has too much influence here, how can stability be achieved, or is this the world according to ‘the US congress’? (I will steer away from blaming the White House here, as the IMF is supposed to be a long term planner and the White House is a short term location, in sets of 4 years).

It is however interesting how little there is to find on US Congress and the IMF, even by the larger newspapers. I was able to find http://www.reuters.com/article/2014/04/07/us-imf-reform-britain-idUSBREA361BX20140407. This article was published two days ago and it is interesting to see how many newspapers veered away from this Reuters article. Reuters had this quote “The failure of the U.S. Congress to ratify the agreed IMF reforms is bad for the institution and bad for the international community“. The additional part “A bid to get Congress to approve reforms of the IMF was dropped last month amid concerns that it could hold up a bill providing aid to Ukraine” as well as “The White House has been urging Congress for a year to approve a shift of $63 billion from an IMF crisis fund to its general accounts, as agreed by the U.S. government in 2010” are cause for concern. These payments were due for the IMF long before the Ukrainian crisis was on the map. So is this about not having any influence, or is this an early signal that the US has completely run out of money?
Yet a Chinese site (at http://english.cntv.cn/2014/04/08/VIDE1396947727947648.shtml) shows us that in their view with “The Spring gathering of the International Monetary Fund is approaching. China, Russia and other major developing nations are angry about a delay in reforms that give them more voting rights at the IMF. Now the countries are pushing forward with the reforms without waiting for the United States“, so now we get another view on the matter, Was Australian Treasurer Joe Hockey playing nice with the Chinese, or is there more? I personally do not think that he was ‘just’ playing nice. I have predicted before that the time with the US as a superpower would end. I have stated this for almost a year now. No matter where the interest of Texan Republican Senator Ted Cruz are and I have no doubt that his interest is Texas first, America second and his family third. Before you the reader thinks or even accepts the allegations by some that he is some newly formed version of the infamous McCarthy, then think again! When I did the math in a previous article called ‘Biased Journalism on USA shutdown?‘ which I wrote on October 1st 2013. Here we saw that Texas is one of only three states that could shoulder the national debt if it was evenly spread. So, to keep Texas strong, Ted Cruz has a fair point in regards to the IMF influence, but that is not what the IMF is about and it is Washington DC that went along with that, which means his hands are slightly tied.

The IMF article has set out that people are playing profit or government bail-out again (they did not state that, but the article implies it to some extent). The governments are not speaking out against these acts and as such we could face another massive economic setback in early 2015. In a minimal defence for Republican Ted Cruz it must be said that the IMF and the EEC are on a dangerous course. The Guardian is filled with messages on how the crises seems to be over and on how Greece is turning a corner towards better times. This is done at a time when it still needs another 8 billion; unemployment rates are at an all-time high and with European incomes remain dwindling down, Greek tourism is likely to remain far below levels for another 2-3 years.

It is the Catholic charity Caritas (at http://www.theguardian.com/world/2014/mar/27/europe-economic-crisis-worse-caritas-report) stating “disturbing levels of poverty and deprivation being noted among children and youth“. This is at the centre of the issues that are enveloping Spain, Italy and Greece. In addition a 114-page inquiry into the human cost of the crisis also mentions Cyprus, Ireland, Portugal and Romania. This might not be at the centre of the mission statements that the IMF goes by, yet these industrial nations rely on workers, the fact that these nations are in such a state is a clear signal that several governments are not up to speed to give the needed aid to those people. This is not in regard to the intent a government has, but the IMF signals seem to be lacking certain reporting flags at present. the Catholic report is a first clear signal that those ‘happy happy joy joy‘ reports that economies are getting better are basically skating around the issue that is holding many down and for some considering the statement that ‘these two issues are not connected‘, should consider standing in a corner staring at the wall and feeling ashamed for even considering the thought to begin with.

Now, I promised to get back to the Ukraine as I stated in the beginning. When we consider last year’s BBC article (at http://www.bbc.com/news/business-13366011), we saw that between 2009 and 2012, Germany was the ONLY nation who had its budget set correctly. The rest was short between 1% and 10% of their budgets. It is nice that these nations speak on percentages, because those shortages go into the hundreds of billions for some nations. The twelve nations represent over 53% of the entire EEC giving a summed deficit of 13.2 percent. This in itself is not a fair assessment, so let’s turn this around into a number. This number comes down to minus 546 billion, which is just the deficit for 2013. So, the governments are not keeping their balance in any way, in addition, we now see that investors are slowly playing their ‘games’ again. There was a rush on Greek bonds, because the evidence is coming that these people will get their money no matter what. So, why do we have any form of bail-outs? It is clear that overspending is not punished, so the entire Austerity posturing seems like an empty threat. I am all for helping out those in need, but it seems more and more clear that those ‘in need’ are not doing their part in cutting down on spending in any way, shape or form. So when (not if) the train goes off track, those smaller nations will be left to their own devices, ready to get exploited by all bigger companies to get their dividend. With the larger players India and China, it seems that US companies and bigger players want cheap nations for whatever market they want to get to. In such sights is it even a wonder how areas of the Ukraine are now in fear of what comes next?

That part is shown in several ways. Even though there is now such a boasted evidence of corruption in the Ukraine as the involvement of the ‘former’ president Yanukovich. Yet, if we accept and use the paper by Anna Yemelianova and is called ‘A Diagnosis of Corruption in Ukraine‘ (at http://www.againstcorruption.eu/wp-content/uploads/2012/09/WP-14-Diagnosis-of-Corruption-in-Ukraine-new.pdf), which I mentioned on March 18th, then there is no way that corruption is limited to one side of politics. Corruption in the Ukraine is too wide spread and any player above a certain level has to be tainted to some level.

It is still puzzling why the EEC and the US are so set on the Ukraine. Why set yourself up for these levels of costs? Why get in bed with the Ukraine, whilst the bulk of the EEC has overspent by well over 500 billion. Is it any wonder that some Ukrainians are frightfully running back into the Russian arms? If we believe the Russia Today, with their headline ‘US wants to destroy Ukrainian ‘bridge’ between EU and Russia – German intellectuals support Putin‘ (at http://rt.com/news/germans-support-putin-ukraine-265/), then we see the view of a struggling USA, who reports a nice number, but when payments are due, America will only be able to do so by taking another debt ceiling hike, which places them well over the edge of bankruptcy. I have some issues with the article for other reasons. Yes, the EEC wants to keep a good relationship with Russia, if only for the reason that most of Europe relies on cheap Russian Gas, which, when absent will push the bulk of the European middle class squarely into the poverty bracket. I am just wondering whether retired German Air Force Lieutenant Colonel Jochen Scholz was hoping to get a free training course in flying the Sukhoi T-50 stealth fighter, making him the first NATO officer to ever be allowed in ‘new’ state of the art Russian equipment (this is an insinuated assumption on my side). The article has a few more issues that are slightly too vague, but the sentiment is not incorrect. The American Anti-Kremlin approach in an age of non-accountability in the era of finance is an issue for too many people. So here is me, the Cheshire cat, all smiling and smirking on events currently playing out.

If the accountability act was indeed a reality on all Common Law nations, certain games would not be played and as such nations (the US, all EEC nations as well as Japan) would be in actually movement out of a ‘debt abyss’ and not at the whimsy of high stakes investor poker games where when it works they get a large bank account, if it fails they will get bailed out by the governments in some unnamed way, which does not seem to get a massive amount of press visibility.

So here we have it, what I evangelised from the very beginning or my blog. The world can be a better place, especially if people are held accountable for their actions. That part gets even more visibility when we notice a lack of press visibility ion some regards. When we see the Standard, a UK newspaper (at http://www.standard.co.uk/news/uk/press-freedom-debate-royal-charters-are-medieval-piece-of-nonsense-8898388.html) where it is all about the issue as “Media heavyweights have branded the government’s proposed royal charter for press regulation a ‘medieval piece of nonsense’“, yet only a little over a week earlier when the Telegraph reported (at http://www.telegraph.co.uk/news/worldnews/asia/malaysia/10720237/Malaysia-Airlines-crash-Suicide-mission-theory-of-MH370-investigators.html), how the MH-370 was a ‘suicide mission’. A piece that was so bad that it’s journalistic value was less than the photo that the Sun used to publish on page 3. This happened before the plane was found, without a black box, lacking in facts, but with a photo of a cabin crew member on page one of the newspaper. At the same time, the issue of the US Congress in regards to the IMF reforms, as stated by Australian Treasurer Joe Hockey has not made any non-Australian papers. So, again, as I have always stated, there should be freedom of the press, but there should also be accountability, which is exactly what Lord Justice Leveson had advocated. Perhaps some regulation would not be too far out of context as we see a lack of informative journalism and a still unhindered tsunami of paparazzi based articles.

If we are truly one debt too far, is it not time for accountability to step in?

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April 2, 2014 · 05:14

The reality of decimation

This is not an academic piece, I would personally state that to some extent this is not even a sane piece, but is it an incorrect piece? That is indeed the question we must ask ourselves. Consider the events as they have plagued us for a little over 20 years.

This piece partially started with the UN report on the environment, but some of the elements have been on my mind for some time now. This is not about the War in Iraq or Afghanistan; this is about something a lot more basic.

Let us start with the UN report on Climate Change 2014 (at http://www.theguardian.com/environment/2014/mar/31/climate-change-threat-food-security-humankind)

It is also good to take a look at the policy maker’s summary titled Climate Change 2014: Impacts, Adaptation, and Vulnerability (at http://ipcc-wg2.gov/AR5/images/uploads/IPCC_WG2AR5_SPM_Approved.pdf )

We should consider the quotes that the Guardian article gives us.

First there is “The summary mentioned the word ‘risk’ more than 230 times, compared to just over 40 mentions seven years ago, according to a count by the Red Cross“.

My first counter is that this is not an event that has grown for only 7 years, these events and risks have been in place for well over two decades, the people in governmental power and the power players of big business are no longer aligned. Money only gets you ‘alignment’ to a certain degree. If you doubt this, then consider the power Big Tobacco had from the 70’s until the early 90’s. In the Northwestern Journal of International Law & Business (at http://scholarlycommons.law.northwestern.edu/cgi/viewcontent.cgi?article=1606&context=njilb) we see the quote “tobacco companies argued that plaintiffs assumed the risks of smoking. They also capitalized on the fact that they could afford the best lawyers to defend against generally under-funded plaintiffs“.

This is only the first quote where government has been holding its hands over the heads of big business for far too long. It is nothing short of treason against your own population (a slight exaggeration, I admit). It is not just their best lawyers against the plaintiffs, there has been a host of events where political powers had been ‘softly motivated’ to take a stance for the economic growth of a nation, whilst selling its people straight down the drain.

The second quote to consider from the Guardian is “Other food sources are also under threat. Fish catches in some areas of the tropics are projected to fall by between 40% and 60%, according to the report” (the part I saw did not specify the size of the area, or the exact locations).

Consider the amount of nations depending on their livelihood on fishing for themselves and their families, not to mention for whatever income from selling it to others in villages and cities. The claim ‘some areas’ is a loosely placed term I reckon. Consider the massive requirements for Japan alone. There is no evidence what so ever that this will lighten up any day soon. The events of fish shortage will grow above the mere population. A change to that effect will have a massive yield on the oceanic biosphere and as such mass extinction events on our fauna are almost a given certainty. So as we see the events there, we will see that the impact will soon thereafter hit waterbirds which will affect another chain of feeders. The third quote is “Almost everywhere you see the warming effects have a negative effect on wheat and there is a similar story for corn as well“.

Even though, to some part there is a claim that longer warm timeframe might yield some positive benefits, the overall consequence is that the events will be negative. Hunger will soon be an issue that stretches far beyond the third world nations, did anyone consider this?

The report is massive, so digging into this will take some time (after I get it downloaded, which is never easy from the UN document server), in the meantime, follow the next link to take a look at a document now released from the US State Department (at http://www.state.gov/documents/organization/219038.pdf)

Now let us go into the deep end. We have seen how being nice, how ‘finding’ a compromise will not get us anywhere. If you doubt this, then consider the fact that several nations are now, after giving us some ‘good news management’ additional grief will soon be gotten by the Dutch (at https://www.nvm.nl/nl-nl/actual/maart_2014/asscher_in_zomer_kijken_naar_lastenverlaging.aspx). They will be looking at lowering the costs for the Dutch population. Consider that the Dutch debt is currently in excess of 25,000 euro’s per citizen. Again, politicians will be trying to spend money they do not have. Even more hilarious, is the fact that they will not have that money for at least half a decade. If we consider this in regards to the UN FCCC report, where we see that climate is not just hitting us, many nations will have to pour billion upon billions into places to prevent flooding’s and other climate calamities. In this light, we will not have any lightening of economic pressures before 2018. The Dutch are not alone in this. The UK, France, Spain, Italy and to some effect even Germany will have to spend large amounts of money. If there is truth to the downward spiral of the climate, what will happen to France when their wine economy takes a 20%-30% tumble? (This is not a found number, that percentage is a mere estimation from other numbers in the UN FCCC report). Such a tumble will devastate the France GDP, which means that their debt will almost literally drown them.

So what is a solution?

Well, to safe our planet we might have to become drastic. The fact that politicians will not act and at the first sign of good news (managed or not), they will try to keep the status quo so that they look good (and leave it to the next person in office). This has been going on for some time and it has been happening in nearly every nation. So, we could rig the game and get rid of 4.7 billion people. It is not a happy act and if it happens I will unlikely to remain (or be allowed) in the ‘surviving’ group.

You see, healthcare, retirement shortages and lesser productivity (in the eyes of big business), would mean that we are to be removed from life. There is additional evidence for that. When we consider the words of the BBC (at http://www.bbc.com/news/health-26818377), where it is quoted “Risk of death by any cause over the course of the study was reduced by 42% for seven or more (up to around 10 portions a day)“.

Are they for real? When I was growing up, I had three meals a day. My lunch could include a sandwich with sliced cucumber and tomato and there were greens at dinner. That makes for two helpings. My grandfather lived to a ripe old age on those meals. So, who is paying these people to state 7-10 portions a day? Let us not forget that the UN FCCC report will have something to say about that. The IPCC report stated (at https://www.ipcc.ch/publications_and_data/ar4/syr/en/spms3.html) “Productivity of some important crops is projected to decrease and livestock productivity to decline“. This is not a global thing, but overall the population is still rising and food would be getting scarcer.

So, that option of decimation, which would be unfortunately for me, is starting to make sense. So how will we go about it? Will certain groups get targeted? When we see the HealthCare and retirement options as they dwindle then getting rid of anyone over 45 makes statistical sense (not morally). Alas, we are not that fortunate. If we consider the population numbers, as shown by the UN, Dept. of Economic and Social Affairs, Population Division (2011), we would also have to shed a little over 75% of the population that is between 15 and 44. How to go about that? If we take the people over 30, our population will face the reality that we saw in the movie ‘Logan’s Run‘. We could of course use the classic ‘Soylent Green‘ as an example, which also solves the food issue for all non-displaced citizens. Perhaps the list will be diminished in the way it was sung by Gilbert and Sullivan in ‘the Mikado‘ through the song ‘As some day it may happen’, “none of them would be missed”, I do however request and require that Nigel Farage will not be allowed to make that list (#JustSaying).

So, if you are currently extremely nervous about what will happen next then do worry, I definitely do! No matter how we will be dealt with (through hunger, war or just permanent removal). The consequence will be a global one. If we can rely on statistics is that within 40 years, if untouched through war, two civilisations remain, the Indian and the Chinese one. It is a simple consequence of the numbers as these two represent 36% of the planet, which means that no matter how much we get ‘culled’, either natural or unnatural, they would then be the only two remaining governments with the size that would places them in power.

All this reads like a joke, but it is far from it. As we have seen governments go into the acts of managed good news, whilst slowly giving us the bad news little by little (as the economic meltdown has shown), we will soon see similar acts by ‘spokespeople’ on how soon crops are grown with almost no water, how we see the use of Genetically Modified crops. The Economists had an article, which is not that relevant, but the quote in there “genetically modified (GM) crops pose health risks” is. The truth is that this is not true as I see it. Actually, we just do not know what the true dangers are. I feel that there is a risk, but there is no actual evidence (at present) that there is a danger. There is in my view indeed a risk, but no long term evidence exists. We are then in the same place as people were with Big Tobacco in the 70’s onwards. Big Tobacco had too much ‘protection’ and as such governments remained idle for far too long. Genetically Modified foods are likely to go into a similar field, but this time governments cannot stand idly by. The cost will be too great when it goes wrong. So am I against GM foods? I feel uncertain, until the long term dangers are known we should not proceed, yet if the shortages in food, space and water are truly coming, what can we do then? Consider that the global population grows by the size of the population of Germany every year, which is the 16th largest nation. Also consider that children 0-6 have the highest need for good food and clean water to survive, now see these items diminish as there is less, there are more mouths to feed and the climate change is soon making it harder on all of us.

The next two generations will likely be the hardest ones in the history of our planet. Never before was mankind hit by so many elements all at once. They will inherit a polluted planet, they will inherit debts unlike anything we ever faced and if the Status Quo does not change really fast, they will walk this world in an environment that could be near extinction on land, in the sea and in the air.

 

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March 27, 2014 · 20:31

Setting the stage

The Ukrainian escalation is slowly seeing some events, but not in a good way. We have seen several speeches as well as actions against certain heavy weight big wigs in-crowd at the Kremlin. Will these actions hold weight? Time will tell. I went over several facts in the blog article ‘Strongarm, Intimidate, Terrorise‘ which I published on March 18th. I also made a coalition mention in my blog article ‘Foreign and Domestic‘ on September 12th 2013, where I stated at the very end “that view might partially depend on the steps the growing New World Order coalition of Russia, China and India will take“. In the last two days we saw the following events.

1. India, Russia to sign deal for anti-tank ammunition (source: The Indian Express, et al) for $2.4B.
2. Crimea Crisis Pushes Russian Energy to China from Europe (source: Bloomberg) for $350B.
3. Private Chinese firm to buy 100 regional Sukhoi jets (source: Reuters, et al) for $3.5B.
4. ONGC, Russia’s Rosneft may join forces on oil flows (source: Reuters).

This is just in the last two days. So, yes, we might think that we are putting economic pressure on Putin, but are we?
The last mention is that if we persist, there is every chance that the cheaper gas meant for Europe could be redirected to the Indian consumer. That is exactly the fear I voiced in the story involving the Crimea (Strongarm, Intimidate, Terrorise). The Reuters article also states “Rosneft said it had also agreed with ONGC they may join forces in Rosneft’s yet-to-be built liquefied natural gas plant in the far east of Russia to the benefit of Indian consumers”, which implies that Russia will get additional Dineros (aka loads of money) to build that plant, or at least parts of it.
Europe basically has agreed to a spitting contest which could cost them. There are still moral sides to consider, both sides states that they are correct and Crimean’s who saw a loss of income for thousands of households and desperately tried to save them to remain with Russia. The Ukrainian top really did not think that part through (as I see it). Did they think that forcing Russia to Novorossiysk, leaving the Crimea without one of their biggest consumers would not have an impact? I still have questions on the legality of the ‘transfer’ from Ukraine to Russia of the Crimea region, but I do not have a proper view on the legitimacy of the referendum as such (from a pure legal point). The fact that this is what the Crimea people themselves want (for a massive part) is largely ignored by the press. I will state that the NOS at least tried to talk to a few of these people and many wanted to return to their Russian past (they were also very assertive in not letting others talk on their Ukrainian view).
So what will happen next? Let’s face it, 4 deals do not make for a Chinese, Indian and Russian summer party, but these are massive deals and this shows that the coalition growth I expected is now showing more rapid growth, likely because of the Ukrainian events. For me, I am a business man and as such, I have downloaded the Sukhoi S-100 PDF’s and see if I can start a trainings company to train the Chinese crews on using the flight and navigation instruments of the Sukhoi S-100 (just me trying to get creative). 100 planes mean at least 400 crews, which is 800 pilots and 400 engineers, so 1200 prospective trainees to train. At $750 a day, I could be employed for at least 3 years. So that might be an option as life in Sydney is pretty expensive. People might snipe at this thought, but consider the ego contest we see growing in west versus east. There is every indication that energy prices are likely to rise by unacceptable amounts soon enough. We see that governments are more and more selling off their healthcare and other services to meet budgets, which means more costs for the consumer soon enough. A step by the way for which a government cannot get faulted, but we the consumer still get to pay the bill.
As unemployment rates are still growing to the extent it does, we will have to look at alternatives. If we are willing to work hard, then it is not the worst idea to consider Russian companies like Sukhoi and Chinese companies like Huawei. The next wave is for those who are willing to put in the hours and as several businesses want to grow into several domestic markets, which they will one way or the other.
So getting out there and set the wave so you can be there at the beginning and get to the higher level of the pyramid when it grows above the others is never a bad idea.
Should you get questioned on basis of morality of choice then consider the powerbrokers of Wall Street who got millions after the 2008 crash, The events around Silvio Berlusconi (not the intimate ones), Karolos Papoulias, President of Greece who was in office when the Goldman Sachs creative accounting event was discovered. It is not the question whether he knew what was going on, as president the Euro will stop at his desk in the end. The Finance ministers over that period were Georgios Alogoskoufis, Yannis Papathanasiou and Giorgos Papakonstantinou. Giorgos Papakonstantinou was the person revealing what had happened before he took the office and negotiated the initial 110 billion Euro loan, which makes his acts the one of high moral fibre. The list goes on and on and on. So, consider that many high elected holier than thou politicians have often taken the coin road as this was not illegal or criminal, it is just the cost of doing business. When it comes to businesses there are even more questions. When we see the bad deal the people at Boeing got, as reported by several media outlets in January 2014 as well as the technical issues we see popping up with the Boeing 787 Dreamliner. We have been looking at American companies for too long, perhaps it is time to look at areas where the runner up is hungry to become the biggest one, as they could be the source of your next good meal. So several elements are slowly setting the economic stage for 2014 and 2015.
If your livelihood is in jeopardy, where will you look next?

 

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December 19, 2013 · 05:12

Buying cheap intelligence goods

Well, another week, another story about the world’s favourite traitor Mr Edward Snowden. The latest information as shown by Sky news is that he offers Brazil to defeat US spying, but it starts with a permanent political asylum. So, Brazil would end up spending way too much on a person who is likely not fluent in any way in the Portuguese ways.

So, after he ‘walks away’ from China and as Russia seems to be a non-option, Brazil now gets a shot at buying that diamond in the rough for only $2.99. Is no one picking up on this?

My advice to the Brazil government is that if you want to secure your systems in a proper way, get someone with a decent University degree with additional papers and knowledge of Cisco systems. Both will allow for the implementation of Common Cyber Sense. Now, this might not stop US spying, but it will make it a lot harder for them. In the end, if a Brazilian official opens a mail with a ‘personalised’ letter from some sexy ‘Miss X’, hoping for a dinner date, then the worm that opens their security would already be installed again. So, your system might not remain that secure for long. Still, getting the proper professionals will help.

I just do not get it, a person that is regarded as ‘non-valuable’ in both China and Russia, is now hoping for some future in Brazil? I reckon that Brazil might not want these complications in any way or form. Do you think that IF Snowden was such an asset that there was not some ‘loophole’ in place where he would have been able to spend a permanent comfortable time in either Russia or China? America had been playing that game for decades (even for non-intelligence and zero economic value holding trained ballerinas). I see it in a more simple way. Snowden walked away with a treasure chest, there are plenty of issues on the validity of the bulk of what he had, but now that he is on the outside, that one chest will have to last him a life time. The strongest issue that seems to be ignored by EVERYONE in the press is on how the NSA failed to the extent that he was able to walk away with this amount of data, more important, who is he selling it to?

I am not talking about governments and their intelligence groups, but the commercial branch of many corporations who might want to take a deep look at all this data.

So here we are reading another iteration of the Snowden joke and at present the press seems to ignore many of the most common sides that we should worry about. Some might have read the statement that General Alexander gave. Funny enough, the issues he stated and the acts he described were close to identical to the issues that I mentioned no less than 5 months ago. Many of them were the paces that any IT professional would have seen. No, it is just so much sexier to just take over the issues the Guardian took to heart. I am not stating that what they wrote were not based upon ‘facts’, but the source is already proving to be extremely unreliable and even less bothered by the integrity he proclaimed to have. Also, when people compare him to Julian Assange, then consider that I still have my doubts about Assange, but at least he always remained on his horse of idealism, not one I truly support, but I get to some extent the windmill he believes that he had been fighting. It makes the two worlds apart and in case of Snowden in a very negative way.

So back to Snowden, what to do about him?

Although I am all for the ‘drastical’ solution we reserve for certain types, it is important to get him into the US (alive) and into the interrogation room. You see, he got a boatload of data out of a building that should not have allowed the opportunity for this to happen. Even though the American alphabet groups have their own issues as they used private contractors like Booz Allen Hamilton, certain security matters are now at the forefront of whatever they will try to do next. This is not an accusation against BAH, I am convinced that the bulk of these people are devoted nationalists and American patriots. I reckon 99.1% would never consider doing what Snowden did, this makes for a case that there are a few still walking around contemplating what Snowden did. We need to learn what weaknesses the NSA had. Not because we truly care that much (Americans definitely might), but if it happens there where they have an overwhelming budget of many billions, what issues can we expect to find when a light is brought on both the DSD and GCHQ? Let’s not forget that they get a combined budget less than 1% of what the NSA has at its disposal. I feel that direct treason is not likely to happen, but overall, there is the danger of intrusions and even the danger of data heists to some degree. It is that degree that will bear scrutiny. So the open question ‘How easy is it to get data out of the agency?’ is a question that needs to be addressed by several governmental parties.

So back to this Snowden fellow, when we see the LA Times (at http://www.latimes.com/opinion/commentary/la-oe-mcmanus-column-metadata-snowden-20131218,0,4977259.column#axzz2nqe1wbKe) we see other parts of this discussion. There are two quotes in this piece “Congress is debating several proposals to rein in the program, including a bill that would effectively end it.” This is of course a valid option, for one, the US is still a nation governed by laws, and Congress can put in place a policy to change it. Let us not forget now that the bad guys know (thanks to the Guardian amongst others) what is being done; only the stupid terrorists will get caught and they would have gotten caught anyway. The second one is a little harder to discuss “I cannot imagine a more indiscriminate and arbitrary invasion of citizens’ rights”, District Judge Richard J. Leon wrote in a blistering opinion. “The author of our Constitution, James Madison would be aghast.” I feel uncertain to agree with his honour Justice Leon. In the end citizens’ rights were never in danger, we could state that only terrorists were in danger, all were collected to see whether they were a terrorist or not. It could have been stated that if Senator McCarthy had access to these systems, would innocent people ever have been targeted? That is at the centre of this. There people SUSPECTED of communism were destroyed, here they are trying to find the real terrorists. In the end the McCarthy issue went a lot deeper, but at the core we have this notion, is it un-American to object to these methods (if you are an American)? There was never a case for innocent people. There is even the notion that criminals, drug dealers and others could never be gotten at through this way, it is a method to find the hidden dangers of terrorism. In addition, his honour should not forget that it was the legal branch that enacted the Patriot Act the way it was. It was for the most, the legal branch that ‘wallowed’ in ambiguity, which allowed for most of these far fetching ‘freedoms’.

It gets a lot more fun if we consider the article the Guardian published a month ago (at http://www.theguardian.com/world/2013/nov/01/nsa-keith-alexander-blames-diplomats-surveillance-foreign-leaders)

So as General Alexander answered: “the NSA collected information when it was asked by policy officials to discover the ‘leadership intentions’ of foreign countries. If you want to know leadership intentions, these are the issues,” the NSA director said. So basically, the NSA responded to questions by the policy makers. (perhaps the same policymakers who are now proposing a bill to end all this?)

So, who exactly is this pot which is calling the kettle monitored?

It is the Australian that gives us the final part (at http://www.theaustralian.com.au/news/world/us-nsa-spy-agency-is-split-on-snowden-leaks-deal/story-e6frg6so-1226783316594), which discussed a few parts last Monday. The issue of making any kind of a deal with Snowden should not be considered. “General Alexander said an amnesty deal would set a dangerous precedent for any future leakers.” The other quote, which came from Rick Ledgett who stated “Mr Snowden would have to provide firm assurances that the remaining documents would be secured“. This is an assurance that has no holding whatsoever. After the Chinese and the Russians were done with him as well as the Guardian, any ‘security’ to these documents is nothing more than a hollow promise. I personally find it disgusting that treason to this degree could end up being non-prosecuted in any way, shape or form. It is more than a dangerous precedent. It is an almost assured way for fake ideologists to take a roll at the casino for a few million and an optional new passport. It is a dangerous game that will hold long term consequences for all involved.

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September 12, 2013 · 03:13

Foreign and Domestic

America is under attack. The question becomes whether this is a new one, or one that has been ongoing. There are several thoughts and they all, too some extent link together.

FOREIGN
The foreign groups ‘attacking’ America include both China and Russia. They are both using to some extent their own puppets. Let us call them Syria and Iran for now. Russia’s pulling the strings of Iran. No matter how the strings are pulled, no matter how acts are ‘begotten’, the issue is that Iran has been given the one carrot it cannot ignore. It is the support to get a nuclear power plant placed within Iran. Russia gets a string of benefits; this includes making America look bad, making their claims fall short, which according to the speakers in the Kremlin will look pretty good on the front page of Izvestiya (Известия). China is now giving support to Syria as Syria in a last moment of desperation plays the ‘oversight on my Chemical Romance stockpile’ card. The question becomes, whether it is just last minute, or certain cards were offered during the G20 to be played, because any of this, must seemingly be cast on making the US President to not look bad (the view projected after the fact will be an entirely different issue).

To support certain new options goes decently further than just the ad-hoc statement by United States Secretary of State John Kerry. These issues have been playing for some time and most issues started to accelerate as we all saw in the news. Many of the top tier papers reported these events. So how come that these events are still seen as a foreign attack?

That would be a fair question!

China and Russia had been blocking many of the events needed to make any stance against the indecent slaughter of the people of Syria (on both sides). I could cleverly state that Russia and China removed the ‘s’ and used laughter to block the US and other nations to get anything done there. The fact that the Bushehr plant is announced to get a new baby brother as reported by Polina Garaev “Putin will present Rohani with new deal worth $800 million for new batch of S-300, construction of new nuclear reactor at Bushehr” gives additional weight on the Iranian ‘support voice’ in regards to the Syrian question. Whether this will become the Alice Cooper nightmare remains to be seen, it is however clear that the S-300 additions do mean that they fear the response by Israel towards this new billion dollar baby. Trust me when I say that there will be well beyond $200 million in additional fees for consultancy, education and other requirements. The one part I do like about this all is that Iran seems to not trust their own propaganda on the ‘advanced’ Mershad from 2010 and prefers to rely on solid Russian technology as it was developed in 1978 (sometimes life throws you a nice juicy steak to blog about). Still, if Israel cannot get there via the air, I think I have found a way to super charge the fuel rods to melt them down all by themselves (pretty much stopping both reactors from ever working again). It should take only three elements and I got the idea from a snow globe, go figure!

All four players in this parade are anti-American; their union is not because they like one another, but because of their individual needs united in non-American likes. That does not make for an attack. That does not mean they are attacking America. That part had been shown in http://www.bbc.co.uk/news/world-us-canada-23845800, which is only one of many newscasts on that topic. In addition there is http://www.nytimes.com/2013/09/06/world/middleeast/new-us-envoy-to-un-strongly-condemns-russia.html. This could be seen as a first level of evidence that the United Nation Security Council (UNSC) was nothing more than a political tool to stop any kind of condemnation and the lowest forms of support for the victims of the chemical attack.

Are there doubts?

Yes, even though some claims came that there was ‘evidence’, I am still having certain doubts in regards to the actual attacker. When a State secretary goes on a world tour visiting heads of state showing ‘secret’ evidence, parts are not right. It is shown to a group that is too large. Instead of giving it all to the media letting EVERYONE publish it would have been a much better policy, it could have had the result that the UK would have been in favour of actions. The delays, the Intel that WOULD have been there from those big boxes high in the sky, (commonly known as satellites), could have shown much of the evidence. Yet, personally, I am not completely convinced that they were attacks ordered by Assad (directly or indirectly), which I admit is a personal view and based on gut feeling more then anything else. Is it possible that some misguided Assad supporter did this? Yes, that is a definite possibility. I dealt with these thoughts in a previous blog called ‘tactical choices of inactivity‘. I have always believed that Al-Qaeda is only about Al-Qaeda and their goals. It was never about Syria for them (I personally believe this). The theatre of war in play gives them ample opportunity to get to USA and Israel. There is a chance that the number of military opposition leaders, who knew about chemical caches seems larger than most considered, which means that others knew too. This entire new play is as I see it is not about the fear from Syria AND Russia that unwanted elements might want to get things going out of hand. It is likely that this is already the case and a USA offensive would stop any chance of that part getting a certain level of control. It could be that this danger is in play, meaning that both Russia and Syria want to get out of the way fast, allowing the new diplomatic play to proceed, whist the US gets left holding the bag.

No matter how this plays out in any diplomatic way. We will see soon enough that Syrian victims will get overly victimised soon enough with added by-lines on how America never intervened.

DOMESTIC
In my view, I see that the domestic enemy of America seems to fit into three distinct categories. First of all, this is not about lone wolf terrorists, or any terrorist groups, they fall in the foreign enemy group. No, the Americans do not get to be that lucky as such.

The first enemy group are those libertarians hiding behind ‘freedom of information‘. This group is for the most the direct one we see, receiving all kinds of media support and protection. They do not need to fear the House of Lords and some Leveson report, but they do ‘fear’ what the NSA had been doing. The electronic Frontier foundation did instigate a case which they won. Sky News covered this at http://www.skynews.com.au/world/article.aspx?id=905204. My issue is the quote “as part of the agency’s effort to track potential terror plots”

In my mind, when (not if) the next attack on America succeeds, then the EFF (Electronic Frontier Foundation) should MANDATORY in the light of ‘freedom of information’ reveal the names of all their supporters in this case to the family members of the victims the next attack has. There will be no carefully phrased denials; there will be no talk about ‘we so sorry’. I want to see those names clearly shown on-line. In addition, the EFF board members John Perry Barlow, Brian Behlendorf, John Buckman et al will have to visit all the funerals of those victims and look the survivors and family members of the deceased straight in the eyes. I wonder how ‘ideological’ they will feel at that time. Interesting that they (as far as I could tell) have not been too active in protecting people from places like Microsoft and others when we see articles like http://rt.com/usa/yahoo-microsoft-campaign-political-862/

That is another matter, which is ALL about personal gain (by those corporations) and not about keeping the American people safe. Another article is http://tv.msnbc.com/2013/06/13/gamers-fear-microsofts-xbox-one-could-be-future-of-prism-after-nsa-revelations, I do not agree with that article. That is not about some PRISM project, it is about Microsoft making sure that Microsoft gets more and others less. That is about greed and spawning INACTIVITY to the future new developers (unless it is in the hands of Microsoft). With gaming as a hundred billion dollar market, and as the gamers market surpassed the porn industry as a revenue group, did you expect these events not to happen?

I personally see the EFF as a sanctimonious group at best, of course others have their own view which are quite opposite of mine and as such they are very welcome to have that view, because I do believe in freedom of speech. I do have an issue with it when you endanger the safety of a nation.

The second group are the economic leprechauns (‘leper cons’ might be a better term). These are not the good and fiddledy diddledy types walking around with a cauldron of 100 gold coins. These are greed driven monsters in need of more and more at the expense of everything and everyone. They will enable their voice to whatever keeps them playing the game. The attack on Syria would have meant that their profits go down, so they would do whatever they could to stop it by forcing a diplomatic solution view. It seems such a humane view, yet, they will avoid taxation by moving funds offshore, they avoid taxation by becoming a virtual entity and they will prolong their game by removing your rights and your future. I personally believe that in many cases banks are on that side too. Did you forget on how in the lowest moments over 3.5% of mortgages are added to the foreclosure listings? Why are THEY a domestic enemy of America? Are sound business strategies suddenly outlawed? No, they are not, yet there have been too much personal and corporate gain preferences in the past and war is usually bad for business, unless you sell ammunition. In that regard my words might seem to be empty in the view of certain people, yet consider that America is an ideal by the people and for the people. How come that those views are so often drowned out by corporate greed, to give view to what is good for corporations and their stakeholders?

The third group is the most dangerous of all, it is a wild-card called ‘the self-centred person’. They are traitors, manipulators, journalists and/or politicians. The reader could even see me as one of these types of people. This group is dangerous as they could also be members of the first or second group. Yet, whilst wearing one of the other two cloaks they are only in it for the good of self. Edward Snowden falls in this group. Too much ‘evidence’ showed that he was all in it for himself. This was never about freedom of information or the security of America, it was about his life style, his future, his fortune and he was so willing to sell America down the drain in the process. The evidence? If that was truly about some level of honour, he would never have gone to Hong Kong or Russia. Several countries do not have an extradition treatment with USA, the fact that he ran to nations who are direct opposed to the American way of life should be seen in that light. Bradley Manning basically does not fit this group very well. There is a valid concern that he was misguided in his choices, when the choice was there he just gave it all away to Wiki-Leaks. In the smallest of defence of Manning, it seems that he at least was never out for personal gain; his ideology was, as I see it utterly misguided, which makes him the odd duck out. The recipients were however very willing to push his buttons for what they believed was a ‘righteous cause’, manipulative steps to say the least.

The problem with my own view (I will admit to that), is that my view has evolved from information given to me from journalistic and other sources, whilst I know that many in this ‘game’ have their own agenda to maintain. That means that it is about a target they have. The time of truly neutral journalism has been over for some time and I fear it will never return, which makes for an interesting view of the first amendment. The freedom of speech would become the freedom of representation of those we service, because the board of directors in a media group are often linked to other endeavours, making their freedom of speech a lesser item.

America is in my humble opinion under attack, and Syria is just the new stage where the American chess pieces are about to be moved, whilst some of them will be removed. I wonder where we all stand on the 1st of January 2014. That date will be soon upon us and that view might partially depend on the steps the growing New World Order coalition of Russia, China and India will take.

 

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May 10, 2013 · 16:09

Got Milk?

This has been an interesting week for some. This news actually started last week where more and more visibility was given to the fact that shops were running low on baby milk. We are talking about the powder tins that are processed into yummiest milk that babies are supposed to like, love and make them grow healthy.

The UK articles and newscasts showed that shops had limited the baby milk limit to one tin per customer per day. France was already dealing with this issue for some time. The reasoning behind this was the fact that shoppers were buying them on mass to sell them on eBay for staggering profit margins. The interesting part now is that this group has grown into the Netherlands as well, and they now have an issue too.

There the story becomes slightly hilarious. This is what the Dutch Minister Ploumen of foreign trade had to say “Het is natuurlijk prachtig om te horen dat Nederlandse producten geliefd zijn in China, dat is goed voor de werkgelegenheid in ons land. Buitenlandse handel biedt binnenlandse banen. Maar daarentegen kan dit niet ten koste gaan van de Nederlandse moeders en vaders die tegen lege schappen aanlopen” [translation: “It is excellent to hear that Dutch products are desired in China, this is good for Dutch labour opportunities. However, this should not go at the expense of Dutch fathers and mothers who see the empty shelves“]. (Source: http://www.NOS.nl).

So, we have an issue that had been sweeping the market in general for several months. Which is interesting as Nutricia, the Dutch producer who has a world famous reputation for chocolate milk is one of them. They currently have a growing market with spiking needs in excess of 50%. In a time with low economy and overall downsized retails. The minister of foreign trade is talking about empty shelves. But I do agree that this is both a fact and an issue, but is it his?

This hilarious part is that when researching this I found that the Dutch laws have been focussing on different sides of import, especially grey import. This is however an export issue, and so far it seems that the Dutch trade is only outspoken (in a slightly complex way) when it comes to the export of medicines. I did find statements in regards to anti-dumping, that dumping is not an illegal act, which is a discussion for another day.

The interesting side is the lack (as seen at present) on the rules for export. As other nations all have their own rules for import, the export seems to be open to promote trade as much as possible, which makes perfect sense. So it seems that the Minister Ploumen speech of empty shelves is limited to this as there as limitations of export seems to be missing. (There are exceptions as there are clear rules for exporting weapons and medicine).

Except for the few who were quick enough to use the eBay option to sell these packages quickly, this rage of exports is set to people (especially Chinese), who buy these products and mail them to relatives and friends in China. All this based on the baby milk issues within China when their milk was contaminated with the deadly substance Melamine. This initial issue had been reported in 2008 and that had resulted in large numbers of sick baby’s with some fatalities. It is interesting that these levels of mistrust are still an issue now in 2013. Even though there was a call for censorship to prevent larger issues of emerging unrest, I did not find any clear evidence that new baby milk issues emerged, other than the still existing waves of lack of confidence in the local created products.

So considering the facts that these issues have been plaguing the EU since last October, there are two issues to consider.

The first is the question is why the producers did not raise quota needed to fill the shop shelves? It seems extremely unlikely that the producers over 3 nations cannot meet the additional amounts. As I never had to consider this food group, it took a little while to get into the brands. Interesting is that as part of the dozens of brands a sizeable amount refers to: Nestle, Nutricia, Nutripharm and Farleys. Yet, I am not aware of the processes and the amounts that can be produced. So consider that these are the EU’s big four, what is stopping them to increase production? I know that it is unlikely that we just increase the speed of the production line. This is depending on a lot more factors. It is however interesting that these big boys cannot meet demands. It is not certain whether they are working on 24 hour shift solutions, yet three nations, all plagued with employment rate issues and in times of a downsized economy the one product everybody wants, no one can get. So why are we concerned with export legislation at present? (at least in the Netherlands).

You see, this is all about the Chinese import issue. If they start stopping this import then they might be one step away from some serious civil war issues (as most people get REAL cranky when their children are being endangered). If they decide to stop this on quality reasoning, why are they doing this? Their own producers seemed to have endangered their own children. To their defence, at present this seems to be linked to low consumer confidence, not linked to any actual issues at present.

The second issue is about the future. I can agree that the Chinese would prefer joint-venture solutions, yet at present that solution seems unlikely to do anything short term considering the Chinese low confidence in their own products. I agree with any nation that it does not like to depend its future generation on an import issue. That solution reads like little Hans Brinker putting his finger in a dyke whilst 200 meters downwards the dyke is gone, it is very counter-productive. If we care about the population then the Chinese are much better up opening the borders for the next 6 months and avoid optional additional issues with some clever criminal repackaging high end used tins with low end materials. Releasing the pressured need of baby milk, and then get those 4 big boys (or any of them) across the borders, each signing up to address the issues that plagued the factories and get them back on-line with confidence levels that will get the Chinese population back to their local brands. Let us be fair, opening that market seems to be a win for all and basically no one loses there.

What are the additional issues?

To me it seems that export issues are less and less arranged, and I do not think that this is a bad thing. If over regulations hurts trade, then proper actions should be taken, and most nations have decent import regulations in place, so export issues are less likely.

For the UK this is a better arranged side as they are gifted with the UK Export Control Act 2002.

Here we see a few clear options. In S4(2)(b) we read that “(2) For this purpose ‘trade controls’, in relation to any goods, means the prohibition or regulation of their movement;” So this point makes it clear that export can be ‘stopped’ to some effect.

However (there is always a however) Section 1 speaks of Export controls. This states for S1(2) “For this purpose ‘export controls’, in relation to any goods, means the prohibition or regulation of their exportation from the United Kingdom or their shipment as stores.“. And in S4(4) we read that this is linked to S1, which seems to give individuals a clear pass. (Yay for individuality!)

So it seems that the UK companies have clear legislation (which might not be an issue), yet the Dutch and French legislation only seem to have stated rules and limitations when it concerns arms and medicine, beyond that if they were allowed to make it, it can basically be shipped anywhere.

 

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