Tag Archives: Clinton

February 2, 2023 · 03:23

Weeping Whinging Whiners (W3)

Yes, that is the double meaning and it is the stage that we need to accept. And most of it comes from the BBC article (at https://www.bbc.co.uk/news/business-64472806) called ‘White House calls Exxon record profit ‘outrageous’’ with the quote “President Joe Biden has sought to focus blame for last year’s high motor fuel costs on companies failing to spend their profits to boost supply.” As I personally see it, trying to set to focus blame is not just stupid, it is very stupid. You see, oil is a commodity and there is offers and there are demands. A buy and sell setting that has been here for decades. And before President Biden starts laying blame. The blame is at his own address. The White House has had its share of disappointments, but they are on both sides of the isle. Massive changes were required going back to the age of Clinton and in the last 5 years alone other options were available in the form of the Tesla battery, but you all wanted to make fun of Elon Musk, so now he has the commodity you all need (but that is for another day). We are given “Exxon’s shares sank sharply in 2020, when demand for oil tumbled, leading the firm to report its first loss in decades. But the price of the shares has soared since 2021, especially since oil prices jumped when the war in Ukraine disrupted energy supplies last year”, yet the part we all forget is that oil is a commodity, and for the most (with a few small examples) it is a good commodity to have. The war is not on Exxon, the need for oil is not on Exxon, it is on the administrations of the White House. For decades you REFUSED to act when action was needed, and action was needed for close to two decades. You can blame all you want, but to see the guilty party any occupant of the White House only needs to look into a mirror. You alienated Venezuela, you alienated Saudi Arabia and you massively alienated (justly so) Iran and you are in a war with Russia. The four largest oil producing nations AFTER America. But America cannot supply its own oil, can it? It exports the bulk for cash and the American people (not just them) are short on oil, as such the price goes up. All options were cut short and you have no options left and that pesky war does not help, we get that. But none of this is on Exxon, two decades squandered and no end in sight. That is how it is. As such the White House can cry, whinge and whine, but in the end. This what they wanted and this president does not get to blame Donald Trump. Former presidents Obama and Clinton, both Democrats did far too little and now time is pretty much up. As such those who have the commodity oil will have wealth coming towards them, massive wealth until at least 2025, this will continue for a while. Even if the war ends in 2023, the shortages are getting larger and larger. Elon Musk was a solution but that bridge was burned. Cities like Austin, New York, San Francisco, Chicago, Los Angeles will need three to five thousand batteries to make a dent in the oil needs for energy, they will need options for heating and that list is merely getting larger and cities in Europe are in a similar state. One source gives us “Over half a million people will use wood-burning stoves this winter, and industry experts report fears of a potential shortage as thousands more turn to the appliance as demand rose by nearly 40 per cent between April and June compared to the same period last year” and this is merely the UK so what happens when heating prices grows by another 20%? Will you blame Exxon, or will you finally realise that more was required and the administrations of several governments fell flat?

As I see it this was a system that has existed for decades and Exxon is not to blame, this shape of commodities comes from Wall Street, you do remember that greed driven institution? This problem is a lot larger than you realise and too many people are sitting on their hands.

So let them whine and cry all they like, once you realised they are partially the cause of it, that is when you get to be angry.

Good luck.

That one flaky promise

This story get you from Reuters. It was the article (at https://www.reuters.com/world/us/biden-highlight-manufacturing-jobs-gdp-growth-pittsburgh-2022-01-28/) giving us ‘Biden visits Pittsburgh bridge collapse, vows more U.S. investment’, so how is this going to get done? We think it is a simple exercise, but in reality it is one of the hardest and it is seemingly going to infrastructure, which has close to zero return in investment. Making the exercise even harder.

So how did I get there?
In the first this is not specifically against President Biden. He inherited a debt from both the Democratic isle and the Republican isle, both sides are equally guilty and consider that the US last had a surplus in the Clinton Era (1993 to 2001) and 8 months later the World Trade Centre went down. At present the US has a debt that is now $29,800,000,000,000. It will hit $30 trillion in a weeks time. So how does one invest more when the debt is 30 trillion? It is a simple enough question and with the interests going up, the US will not be able to make interest payments in the next quarter. Yes, they will pull a rabbit out of a hat and some weird accounting principle will used to borrow $999,999,999 from 100 sources so that they can pass it without opposition, but that tends to be the final straw, the final nail in a coffin called economy. Consider that the UK only has a £2,000,000,000,000 debt and we saw only a few days ago that they are now staring at inflation giving them “£8.1bn last month – up from £2.7bn a year earlier” (source: BBC). It is a 300% increase due to inflation. So at what point does the US (Japan too) feel the brunt of $89.4Bn against the expected $29.8Bn (speculated interest numbers)? Now I cannot vouch what the actual numbers are, but if inflation hits the UK, it will hit the US as well, the nice part of setting debt to equal levels (EU, US, JPN) implies that debt interest will grow on near equal terms and the US is in it too deep. So how will the Biden administration invest more? There is no money left and infrastructure has been getting slammed for 2 decades now and as previous administrations did not do nearly enough, present and future administrations need to do more whilst there is no money left.

So whilst we see the setting of a tragedy in Pittsburgh, it is in no way the proper setting of a fairy tale, because that is what I personally believe that the Biden administration is trying to sell. I would be delighted to be wrong, I truly do. Yet in the light of debt and interest all whilst US taxation got the US $3.46 trillion (actual 2019) and $3.71 trillion (estimated 2020), now consider that in 2021 the deficit will grow by $3,000,000,000,000 all whilst the additional interest payments will grow too. So the setting of a $6,800,000,000,000 budget that is close to 50% short of what is collected, so how exactly will these so called US investments be done? How can you invest in something you have no cash for?

Is the image too blurry or are you starting to see the greater picture? And now we see the dangers that the US is close to no options left but to take control of US set USPTO patents and IP’s. The US can only continue by setting US based IP to government leverage. So does it now make sense that I prefer my IP to remain in the Commonwealth? The EU an optional second choice? The smaller IP owners will soon feel the dangerous breath of a ‘social’ minded government to ‘share’ their IP with all Americans, all whilst their government will spend money they never had. I am on the ‘screw that idea’ mindset and prefer my IP to remain solidly within the Commonwealth. Thank you very much.

So when that prediction come to term and when the brain-drain in the US does happen (still speculatively) what will the US have left to pay for the bills they have.

And if you wonder if Wall Street pays for that, consider that they will have a 96 hour window to get the hell out of there with whatever portable wealth they have, and my guess is that they have been setting up nesting eggs in every zero tax place that they can call home next. The Wall Street Journal reported on this on December 10th 2021. There we see “thousands of millionaires have relocated to the city and the wider United Arab Emirates, drawn by zero income tax and relatively relaxed pandemic restrictions. The city’s bars, restaurants and hotels are packed, real-estate prices have surged, workers are returning to offices”, it is the first wave of what I think will be a growing wave all over the zero tax places. Let’s be clear, this is my speculative view, because people are increasingly eating oranges does mean they stop eating apples, but if a certain group gets loaded on one fruit there is a decent speculation that other fruits will not or at least less eaten. There is a wave and it is starting almost exactly around the time I predicted it to happen to some degree in 2014. There were doubts, but we were heading in this way and now we are almost there. And those economists who called me raving mad? Weird, I have not seen them around for some time. I wonder why?

Just in case, do not just believe me, do not trust me (trust no one) and do your own math, consider common sense and wonder where your retirement fund will be when you are American in 2024 (most likely it stopped existing). Do your own math and do not accept answers from economists “This is too big too fail”, or “We expect it to stay around the same as it is now”, party lines that ignore inflation debt payments that cannot be met and an annual deficit of trillions. That is the reality your funds face. So when we see ‘Biden visits Pittsburgh bridge collapse, vows more U.S. investment’ I wonder where he is getting those numbers from, because the balance of the books do not support that promise, it seemingly stopped supporting that promise 5-10 years ago.

1 Comment

Filed under Finance, Politics

Tagged as BBC, Bridge, Clinton, Commonwealth, Deficit, economists, Eu, IP, Japan, Pittsburgh, President Biden, reuters, UAE, UK, us debt, USA, USPTO, Wall Street Journal, WSJ

May 9, 2020 · 14:26

Shame of choice?

I have been around for some time. In this time I have always accepted the choices I have made, and for the most, I have had one regret, that was around 2001, it was a choice and I accept responsibility for the choice I mader, I might not be happy about it, but that is life. In that frame of mind I am or the most a Republican, I believe in Republican standards, yet until January 2019 I had never expected to be ashamed of that. The entire Huawei situation and as the Guardian reported 6 hours ago, ‘US blocks vote on UN’s bid for global ceasefire over reference to WHO’, the idea that the Trump administration opposes mention of the WHO must be one of the most fucked up situations that ANY commander in chief of the US in the history of that nation has set up. The stage is even more diluted when we see “Donald Trump has blamed the WHO for the pandemic, claiming (without any supporting evidence) that it withheld information in the early days of the outbreak.” In all honesty, from that pointof view, when people are THAT stupid, I will had all my IP to Huawei (hoping that they will pay me) there is no chance that there can be any hope for the US in a stage where Trump is president. The man gives rise to chimps being more intelligent than people. To give further notice, I grew up seeing and accepting that Russia was the great evil in the 70’s and 80’s, I was in the mistaken understanding that the US was the bastion of actual freedom, how wrong can a man be?

When the elections were held, it was my opinion that Clinton was the wrong choice, her bungling of the entire Benghazi situation, in light of all the spin and misdirection was reason enough. If she could not get that right, seeing her in charge of the US was in my personal view a massive mistake. I had no idea that the baboon chosen would be even worse.

And the American people are about to find out why. The economic disaster that the US now faces is estimated to outdo the Depression that preceded WW2.

In all this, I expect that Google, Apple, IBM and Microsoft will see a massive brain drain towards Europe and Asia. I personally expected my IP to be valued no less than $2 billion, yet I personally do not see the stage where the US will honour anything, as such and to protect my IP (which is based on new 5G principles) I have no option but to offer it to Huawei and hope for the best. Even if I end up with nothing, I will set in motion gears (already done) that will push it all to the public domain. Even as that leaves me with nothing, it will be evidence that I was right all along, which will boost my ego and place me on the high moral ground, merely for the view it gives me, above the presenters, the bullet point people and the proclaimers towards their own bonus, their own needs, not the corporate needs.

I always saw myself as a Republican because personal freedom is where it is at, not the constrictive laws that binds all together behind a fence of rules, less laws and more freedom, yet that freedom comes with personal responsibility, I never doubted or opposed that. I wonder how people will react when the works of Stephen Moore, the one economist that supports the Republican plan reacts when the flaws get out into the open and he is asked critical questions. What do you do when people set the election of a president above the value of human lives? The quote “If we don’t get the economy reopened, we go into november with a severe depression, then you’re looking probably at President Joe Biden”, yet the stage of how many will die as a feigned economy will reopen, one that has an additional $3,000,000,000,000 debt. Bloomberg did not go deeper into that part, yet the question is out there “Why was this not investigated?” Lets not forget that this is the same Moore who set the 2012 taxcut exploding the budget without producing an economic boom (source: NY Times), so where is the evidence this time and in support of that, what are the speculated death numbers? We know that the, so-called expected 1.8% mortality rate that President Trump stated months ago was a joke and he made the claim in a time when it was already well over twice as large. That beside the point of a lacking “intellectual gravitas” as some stated. The NY Times article is still an important read. He makes statements on pandemic culling that sets the stage that precautions like New York are not needed in Lincoln, Des Moines or Boise. That is as I see it the first flaw. If the US had shut its borders a lot sooner, there might have been a small gesture of hope, but that was not done. The interview gives off the noise of ‘lets not set all urban areas the same’ yet the flu will get to any stage where people are together, that is the premise and I am not a health expert either. We see at present that 1/3rd of all infected in the world are in the US. Almost one in three of all global deaths are in the US as well. Those are directly seen numbers and there is every indication that a lot of the numbers of those passing away of the Coronavirus are not showing up, so the numbers might be higher. It amounts to the entire population of Lakewood City California. Not really an urban place is it, but that is the size of the issue and I expect that the station of care includes Lakewood City, not excluding it.

Numbers are easy to misdirect, lives less so. I understand (not completely agreeing) with Stephen Moore, yet opening as soon as possible will set a much larger stage as the US enters Christmas, and the outgoing president should consider the legacy he is about to leave the US, the outbreak might not be his fault, but the consequences of his actions are and as such I am horrified that they were made by a Republican.

Even my own reaction, the fact that my chances are much better turning to the Chinese than the Americans is still a debate my two guardian angels are having on my shoulders (the good one on the right shoulder the other one on the left. It is leaving me rather unhappy. It is like listening to the book of Good Omens on a daily basis, unnerving to say the least.

Yet I also accept that there is a larger group of people that sets the accusation that the WHO cannot handle the pandemic. Yet it is also a stage where the US and UK largely disregarded the warnings, I saw the pandemic coming close to two weeks before the media accepted it, even as the the dictionary version of pandemic was surpassed days before I stated it, the media did not follow and questioned this part for the longest time, yet we are not looking at that, are we?

There is a much larger stage that the media is ignoring, but we let that slip, the entire issue is now on the US blocking a UN vote as it indirectly makes mention of the WHO, I wonder if the elected US official is 5 years old (a speculative assumption on my side). There are larger fish to fry, but at present we need to be asking more and more questions of the Republican political base and most media outlets are not doing that and we need to see and wonder why that is. As I see it, there is within me, a much larger fight going on. I feel ashamed for being a Republican, I wonder if I have been wrong on that choice for a much longer time, and it worries me.

It is an internal fight I never had before and that too worries me.

In this peachy White House

There have been a lot of issues going on lately when we get to the American El Jefe. There is a larger issue and there is consideration whether the larger issue exists for real. When it comes to the 45th President of the United States, the looneys and the conspiracy theorists are having a field day, this President has been the acceleration of looney tunes and goofy vision holders. He has been able to give rise to more conspiracies than the previous ten together. So there is what happens, what belongs to the ‘other’ classes of rumours. We now get ‘Michael Cohen recorded Trump discussing payment to Playboy model – report‘ (at https://www.theguardian.com/us-news/2018/jul/20/michael-cohen-trump-tapes-recording-playboy-model-karen-mcdougal-latest), so there is that adding fuel to the fire. By the way, have you seen Karen McDougal? I know that it is shallow to judge by looks, but if I got the attention of a woman THAT good looking, I would not be hiding it. OK, I get it, the man is married! Yet as we get another escalation that is taking the focus off the economy, there is now a serious setting where we need to look at the impeachment process (because of the shouting). It is not a new process, it was initially suggested by Benjamin Franklin in 1787; he thought it was a better solution then assassinating the ruler, which I disagree with, because I did not master 10 versions of Assassins Creed, just to get some idiot impeached. I was actually looking forward testing my skills against the US Secret Service, LOL!

The impeachment process plays is done in Congress and requires critical votes from both the House of Representatives as well as the Senate. So the House of represents the conviction and the Senate does the execution. This is not a simple setting. The House Judiciary Committee decides whether there is a case for impeachment or not. If they go for the Yay! Setting it will be up to the Chairman of the Judiciary Committee to propose a resolution calling for the Judiciary Committee to begin the formal inquiry towards impeachment. At this point we see the Judiciary Committee getting the resolution composed of one or more “Articles of Impeachment” to the full House stating that impeachment is warranted and why or that impeachment is not called for. So far there has not been a successful impeachment (Nixon resigned and Clinton got acquitted. Let’s get it out in the open that if President Trump gets to walk the path of former President Clinton, at least it was whilst he got allegedly caught with a woman (roughly) 2587% better looking than White House intern Monica Lewinsky ever did.

What gives?

Well the sweet part of all this is Article II, Section 4 of the Constitution says, “The President, Vice President and all civil Officers of the United States, shall be removed from Office on Impeachment for, and Conviction of, Treason, Bribery, or other high Crimes and Misdemeanours.”

So now we get the list.

Bribery anyone? Well unless Karen McDougal was offered Hawaii for the optional alleged invasive action of penetration, there might not be a case, in addition to that, she is not a government official and there has never been any mention of a presidential vote being swayed by any of her deeds of desire.

Now we get to the part that is a bit of an issue. You see High crimes and misdemeanours seem to be intentionally ambiguous to cover a lot more than initially intended. The Constitutional rights foundation (at http://www.crf-usa.org/impeachment/high-crimes-and-misdemeanors.html) gives us:

“At the Constitutional Convention in 1787, the framers wanted to create a stronger central government than what existed under the Articles of Confederation. Adopted following the American Revolution, the Articles of Confederation provided for a loose organization of the states. The framers wanted a stronger federal government, but not one too strong. To achieve the right balance, the framers divided the powers of the new government into three branches—the executive, legislative, and judicial. This is known as the separation of powers. They also gave each branch ways to check the power of the other branches. For example, although Congress (the legislative branch) makes laws, the president (the executive) can veto proposed laws. This complex system is known as checks and balances“.

So now we have a setting that covers allegations of misconduct peculiar to elected officials. This gives us: perjury of oath (Clinton), abuse of authority (Nixon), bribery, intimidation (Nixon), misuse of assets (Clinton and Trump, although the penis is personal property and is disregarded from being accused of misuse in this particular setting), failure to supervise, dereliction of duty, unbecoming conduct (Nixon, Clinton and Trump several Times), and refusal to obey a lawful order. There is another setting which we got in 1970 under Representative Gerald Ford. It was “Representative Gerald R. Ford defined impeachable offenses as “whatever a majority of the House of Representatives considers it to be at a given moment in history.””
Which opens the trough in a few ways, because in modern settings (when married) you are supposed to lie about having an affair, making it no longer an alleged crime, in addition, a Gentlemen is not supposed to tell on what he shoves where, which puts both Clinton and Trump in the Green. And let’s be honest, in public opinion, would you really want to be the one having to admit looking at other women when you are married to a woman looking like Melania Trump? And in finality, when it comes to ‘conduct unbecoming’, the media has been soiling their own meadows for the longest of times whilst acting unbecoming, shielding big corporations in regards to activities as they were advertisers and stake holders, so there!

So we think we have the foundation of an impeachment, the question becomes will the US government push ahead on this? If it is to the 1970 setting of getting this past the House of Representatives that has 240 republicans, good luck to that setting. I think that we can throw out any chance of getting traction here; any impeachment is dead in the waters. The issue is that this might become a tactic next year in light of the 2020 presidential elections. Yet it only holds any serious grounds if the Democratic Party has anyone to offer as a serious contender. It does not as far as I can tell. You see, they have two serious players (for now), Joe Biden and Bernie Sanders. Joe Biden cannot get the numbers, nowhere near what is needed, which gives us Bernie Sanders. He might be ready to get that distance, but the setting needs to become the conversion of all the independent votes to go towards the Democratic Party. A lot of them remain independent for a reason and that is the loss for Bernie Sanders. The conversion path is not there and is unlikely to get there, giving the Republicans a large advantage, so any impeachment needs to die in the House of Representatives and it likely will. So as Fox News is all about ‘Trump impeachment push emerges as next Dem litmus test‘, I can tell you now that this is not going to happen, if it cannot be opposed in the house for starting, it will most definitely end up getting killed there.

As we see Fox giving us: “CIA Director John Brennan all but endorsed impeachment when he tweeted that “Donald Trump’s press conference performance in Helsinki rises to & exceeds the threshold of ‘high crimes & misdemeanors'” and was “nothing short of treasonous.”“, the non-republican Americans get all emotional, yet the setting is that John Brennan does not see it going anywhere, and he did not endorse impeachment as it would never happen. That is the clarity of the matter. Over half a dozen video’s and news bytes, all about impeachment, yet the cold sighting of the rules of impeachment were all ignored by the news readers, all hoping for dozens of cycles on what gets Americans emotional, whilst the clinical side show us that this for now is not going to happen, if it would proceed, it would never make it through and that indicated that any impeachment action is about turning heads and taking attention away from matters that actually require attention.

The one act I moved away from is Treason. Treason is a dangerous setting, especially in this day and age. If we go back to the 1970 setting discussed earlier, we see acts of treason from Edward Snowden and Bradley Edward Manning. They got out, acquitted and given a ‘hero’ welcome, yet they fit the traitor bill, although in the case of Manning, it is likely to fall over on the indictment when discussing gender. I can already see the headlines: ‘Falling over technicality, Male, Nay Female overthrows conviction’, this is not some anti-LGBT rant. I think (s)he choose the exit strategy that no other person would have chosen. Julian Assange did not make the Traitor cut as he was not an American, in addition, he has given materials and as s publicist he might have acted wrongly. It was his mistake to make and that does not qualify for treason.

Especially in light of Snowden, the traitor issue becomes a much harder setting. I have written many articles in the past on Snowden and I stand by them, I believe that this matter is far from over. This is an entirely different setting, but it requires reflection for the mere reason that any consideration of President Trump being considered, and convicted a traitor whilst Snowden got acquitted should be regarded as a first marker that the insane are truly ruling America, but that is merely my personal view on the matter.