Tag Archives: David Cameron

June 4, 2016 · 14:17

Your Affordable Front door Key

There was an interesting article in the Guardian yesterday (at http://www.theguardian.com/housing-network/2016/jun/03/london-foreign-investors-money-housing-property). The article has a missing side, but that is not in question. You see Dawn Foster is illuminating an essential side. The issue ‘housing without xenophobia‘ is well found and well-founded too, all rounded and informative. An excellent piece. My side is not of opposition, but on a part she did not pause on (which was never a requirement).

The quote “they drone about how “Britain is full”” is one you need to remember, you probably will because the average UKIP person will hammer it to an uninterested audience on a daily basis. The second quote is probably one of the most brilliant ones “Britain is not “full” and very little of the country is built upon. With an ageing demographic, we need our population to expand; and with birth rates declining, immigration will be key to propping up the economy, the NHS and the care industry“, I agree with Dawn, but in that light she does not acknowledge that London is actually ‘full’, that part is nearly a given. Nearly being the operative word as the bulk of the UK population can’t afford to live there. There are plenty of other places where people in the UK cannot live, because the prices have gone up by too much. You see, the silent part in this article is all around ‘affordable housing’.

Dawn does illustrate this in the quote “But the most pernicious and covert xenophobia in the housing debate concerns “foreign ownership”. The amount of overseas investment, particularly in the London housing market, is increasing. Empty towers owned by foreign money are also an issue, because they ramp up house prices and concentrate construction on luxury suites rather than family homes and flats for first-time buyers” and she emphasises the need for housing to be affordable. Yet, I ‘accuse’ her of remaining silent? How come?

Well, first of all, her article was not required to ponder on it, perhaps we the readers should be doing that. The UK must soon, if not as early as yesterday amend the investment rules regarding real estate and investments. You see Dawn is not the first person getting close to the issue. There was David Batty, who is not as batty as some say he is (at http://www.theguardian.com/housing-network/2016/jan/30/luxury-london-homes-86m-social-housing), where we see on January 30th of this year “A Treasury spokesman said: “This government is already taking strong action to ensure fairness in the housing market and help people on to the housing ladder. In 2014 we introduced a higher rate of stamp duty for properties over £1.5m and from April 2016 additional properties will face additional rates of stamp duty. This will enable us to double the affordable housing budget”“, which makes me wonder how far those plans are coming along. In April of this year (at http://www.theguardian.com/cities/2016/apr/20/london-housing-crisis-sub-prime-problem-super-prime), Anna Minton reminds us with “Down the road from Balfron, Peter and Alison Smithson’s Robin Hood Gardens, also internationally acclaimed, failed in its bid to gain listing, and is now one of dozens of estates, housing tens of thousands of people around London, facing imminent demolition“, we should not forget to carefully ponder the quote “While David Cameron has heavily promoted the sink estate narrative to justify “estate regeneration” – essentially a euphemism for demolition – Lord Adonis (PS not the same person Greece refers to), the former Labour minister appointed by George Osborne to chair the national infrastructure commission, is given to blunter statements, having made it clear that a central reason to knock down London’s estates is that they are sitting on “some of the most expensive land in the world”“, it is there that we see the problems and the issues for London and for the UK. The part ‘the most expensive land in the world‘ comes from a push we saw in the 80’s. I remember those times really well. Here is an actual decent quote from the Telegraph (who knew): “Mrs Thatcher and her Chancellor Geoffrey Howe confronted the recession in a very brutal way. Rather that cut taxes, they raised them, and rather than increase Government spending, they slashed it“, written by Angela Monaghan. It is not unlike the days the UK is facing right now, people have forgotten that from that era new wealth was created, in similar light, the politicians have forgotten that life in those days was at least to some extent affordable when we consider the UK rents, so there is the issue that is unspoken, we need to cap certain events, not in light of some assumptionary value of land, but to a value where we count the value on how many people are housed within that area. That is where we need to see the changes to investment taxation when it comes to real estate. So what if this balance is not a seesaw as we often approach it, what if it is more like a Balancing Bird Center of Gravity (at http://www.amazon.com/Balancing-Center-Gravity-Physics-Colors/dp/B0019LNESE)? So as the body and tail of the bird is the lucrative side of investment property as foreign investors see it, than the affordable housing part would be represented by the size of the wings. The fairness of not opposing ‘profit’ for those foreign and domestic investors, but to carry their profit they need to invest into the wings and quite a large amount too. Of course, that could mean that the wings are not in London, but that would not be the worst part would it? In the end those houses are also part of their fortune, whether it is rent to own, the foundation of those investors becoming housing corporations or even the start of a new British housing dynasty. They will grow into long term investors and growing the need the UK has for affordable housing, which is where we see the highly needed balance of profit and endurance.

That is the silent non addressed issue. That part should have been dealt with for the longest of amounts. One of the articles mentions Heygate Estate, we see the area of Walworth, Southwark, and South-London as a housing project, but what it became was even worse than a failure. The fact that it required to be demolished 40 years later, only 40 years later is the huge issue. The idea of modernisation was overshadowed by many issues, yet in this light is the clarity that the buildings failed to foster a sense of community. In my view it seems to image a prison estate. Modernisation without elegance fosters alienation plain and simple. Architect Tim Tinker stated: “farrago of half-truths and lies put together by people who should have known better” (at http://www.bbc.com/news/uk-england-london-23371735), yet who are those people? You see, when you place people in such a massive proximity, you negate the need for what I regard to be ‘spacious privacy‘. You might not comprehend this, or at least some of you will not, but when you are in an office, try to relate to people working in cubicles, those people tend to be different. Isolation in a work environment creates a different form of segregation. There is actually a decent blog article on the matter (at https://www.tradegecko.com/blog/open-office-beneficial-detrimental), I think that there is another layer at work. The writer states this on the open Facebook/Google culture “They are popular and effective no doubt, but only work because their office layouts align with their company culture and caters to diverse staff needs“, here I do not completely agree. Yes, he is stating a correct fact, but an incomplete one. You see, in an open environment we do not only work our way, work in open space and in cohesion, it works because these people work with the need to consider the work of others. That is where these housing projects are an issue. As there is a lack of community, consideration takes a downturn for the worse more and more. Yes, it can breed inconsideration, crime and anti-social behaviour, but is that actually happening or is that only happening in the mind of the other person, the fear of hardship due to isolation? Only the people who lived there would be able to tell for certain.

It is a mere question and the question matters because that is a psychological event that has been known LONG BEFORE that housing project became to be. I personally believe that if the project was more spacious, with a small Tesco mall in the middle with a lower population on such an area, I reckon (an assumption on my side) that a critical population point was surpassed here. I do not have the skills or the math to help you in that regard, it is only speculation from my side. However, to see housing to be demolished after merely 40 years shows a larger problem, problems with planning, with execution and perhaps even with the quality. Whatever it is, this needs to be done better and it needs to be done soon and adjusting foreign investments is the only clear way to do this (so far four administrations have been a failure in this). The issue as I see it is that Margaret Thatcher was the last one truly working on affordable housing. Some state that this started to happen in 1997, whilst there is enough evidence that the flat line was as early as 1991, making the starting point of this issue whilst the power was in the hands of Sir John Major, the fact that this continued during what we now laughingly refer to as New Labour. Even as we accept that a lot was done under the Thatcher government, we have to raise the issue that several of them after 40 years are now changing hands and getting pushed into other projects, making the costs 40 years ago high and might be regarded as a bad investment. This is here we are now, the need for affordable housing and no solution in sight, especially when the government is well over a trillion short. Foreign investors could be the solution, but it will require a different kind of investor. Now, we will hear on how those investors will consider it bad investment and walk away, because plenty of them are all about short term gains. I am stating that we do not deny them the gains, we just want them to be longer term, especially with the massive tax breaks they enjoy. They can feel free to move to the US and invest there, but when that 18 trillion debt collection falters their investments could collapse or be held against much higher tariffs making the United Kingdom the best option for a safe investment, even if it is not short term. And if they back off there will be other new millionaires jumping at the chance of a long term gain with a long term balance of value and increased exposure as welcomed new wealth.

The BBC is showing us the reality of the mess that affordable housing has given its tenants: “An entire community has been forcibly displaced for the sake of mere land value speculation“, which is the failing of three governments and a really inadequate planning department, not to mention that in all this the House of Lords equally failed its citizens by not adjusting the balance against such greed driven motives. In addition, after a long term of playing Ping Pong with the Hose of Commons, we see that projects are set to readjusting, which would make sense, but the fact that the tenants are ‘forcibly displaced for the sake of mere land value‘, whilst the tenants are partially the reason for the increase in value gives weight that these tenants should not have been allowed to be displaced, but should have been awarded an exchange to a similar sized apartment at no extra cost. The value was in part due to their tenancy. From my point of view both the House of Commons and the House of Lords failed these tenants, which makes us wonder: who gives a flying fig when greed comes to town?

There is in part the silence too, but that will be an article for another day.

The UK is currently in a place that whether Brexit happens or they are faced with Bremain, local issues will not be resolved until certain measures are taken to keep the people safe, not just from investors, but from local folly and rezoning needs at a price that might not be worth the effort, not in the long run.

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June 3, 2016 · 23:09

The Wrong Question

Another day, another wave of news. To be more precise, more and more ‘news’ regarding the upcoming Brexit event. The vote that will impact Europe, the vote that will drive America nuts with fear and the question that is less and less about actual reasoning, especially as France is now moving towards a referendum too.

You see, the title Cameron says Brexit would be ‘economic self-harm’ might be correct, it might be to the point and it could certainly be a truth in itself. My issue is that my Conservatives are no longer thinking things through. Perhaps there are issues that they cannot address and as such the Brexit wave will grow and grow. You see, the Guardian might be all up and proud with the illusion of informing the public, but in that regard they are falling short.

So the title ‘Today’s briefing: what we learned from Cameron’s TV grilling‘ is equally disturbing, but does it give us actual information that the people in the UK can use to form an opinion which party (Brexit or Bremain) is the right one?

I feel that the answer to that question is ‘No!’, in addition the Scottish equation is pushing the matter even further out of balance. You see, the ‘grilling’ of David Cameron gave us the following quotes: “I think if we’ve learnt anything over the last six years, if you don’t have a strong economy you can’t have the health service that you want, you can’t have the schools that you need, you can’t have the public services you want, and this would be an act of economic self-harm of the United Kingdom doing it to ourselves” and the closing remark that is equally disturbing is “I’ll tell you what it would be like, we would be outside the room. The European Union doesn’t stop existing just because we’ve left.”

The latter one is no longer a given. Now that Frexit is gaining traction, Brexit becomes almost a given requirement. I do not think that this is a fair path, but when we see that Brexit is avoided and Frexit becomes a reality, the tables will turn on the UK in the nastiest of ways, as France will drive Italy out of the EU as well. Unless there is a clear call to action for the players in the UK, the start of non-Brexit, could push a Yea-Frexit voice, for the mere reason that France has pushed into a corner and Italy could act after that walking away from it all. If any of these nations Germany, Italy, France or the UK walks away, the remaining three will fall out of synch with the abilities to continue. For the UK Frexit would be a disaster as it would have to arrange special deals regarding the Euro tunnel, whatever gets shipped through there would have a nasty surcharge, in that regard, the UK would have to increase its bonds with the Netherlands a lot more tightly than it currently is to prevent export items to hit top prices plus.

Even if all rules remain open in an EU without France (which would be likely), a Le Pen government in Frexit mode would have large impacts on shipping anywhere via France, that part is almost a given and time is still money too. You see all this link to the Wrong Question, partially we see this when we look at ‘UK should stop ‘sitting back’ in EU, says Jeroen Dijsselbloem‘, you see, Jeroen Dijsselbloem is one party that has been sitting back for too long in a much larger way. The parties might hide behind the TTIP as the reason, but that joke should have been scrapped long ago. Together with the TPP, the US is becoming a business usurper. They might call it ‘legal’, but it is still the US now trying to push what they laughingly regard as ‘rights’ into a framework on unaccountability, beyond what we already regard as acceptable. That is the mere consequence of a former superpower that is as I see it now bankrupt. The Financial Times (at http://www.ft.com/cms/s/0/ed4cfe7e-16a4-11e6-b197-a4af20d5575e.html#axzz4AVKPmPMk) goes one step further. They state “TTIP also puts private profit above public interest, penalising polities that change policy preferences to the disadvantage of business. Indemnifying business against political risk through off-the-record investor-state dispute settlement arbitration is especially worrying. Secret negotiations and special court processes — more Guantánamo than Gray’s Inn — invite the expectation of abuse“, which is pretty much what the US has achieved with the Trans Pacific Partnership. A political system that is now all about the exploitation of those they should be protecting, the people, especially the non-wealthy ones in the US!

So here we are not really admiring the words of Jeroen Dijsselbloem, whilst we get the quote “He was speaking on the same day that the head of the European Central Bank, Mario Draghi, warned that Brexit posed “a downside risk” to the global economy“, the one person who is actually one of the larger problems in the entire Brexit situation. You see, the question that needed to be asked clearly and needed to be addressed is: ‘How can the EU be allowed to continue, whilst the political players are spending the funds of the next three generations that follow us?‘ That is the real question. Trillions are being spend without a clear plan, without clear sense making reason absent from the equation.

That is scaring the people towards Brexit and the two people addressing it are not outspoken on any of it. In here we now introduce the two silent players, Chancellor of the Exchequer George Osborne and the Governor of the Bank of England Mark Carney. The unresolved issues of massive governmental overspending, is one of the reasons why being part of the EU will no longer matter, would be undesirable and would be a good thing to get rid of.

We can agree that Jeroen Dijsselbloem should get credit for “Dijsselbloem, a fiscal hawk, who has led the Euro group since 2013, sharply criticised the European commission for not championing the EU’s fiscal rules“, yet his office has not been championing changes in taxation law (or not loudly enough). That part is at the heart of it all, because overspending and failing laws of taxation makes the EU a broke and impoverished individual.

You see, part of the stupidity (as I see it) comes from “Juncker, sensitive to elections in Spain later this month and in France next year, has said fiscal rules should not be applied blindly“, yes they should! You see, whomever has lost the ability to properly budget should be removed from the game. This issue with keeping Francois Hollande in ‘his’ presidential seat is part of this mess. He is not hungry for winning, he is happy to just get by and whilst he fills his pockets (in legal ways of course), the French situation will not ever improve, which is why he is truly scare of Marine Le Pen and the rest is scared because Marine is willing to let it all collapse so she can build a real France for the French and that is scaring a lot of people, especially in the large financial sectors that run through Natixis, the IMF and Wall Street, two of them equally scared of what Brexit will bring. Yet in all this, just like with Greece, certain people are all about Status Quo and that has now angered the UK people, they have had enough and with the two British coin Big Wigs that issues are not addressed, giving additional fears to the referendum voters. All being pushed emotionally, whilst rational would have resolved it (unless controlling EU spending is not an option). We know that Mark Carney is an excellent orator, he has the ability to economically talk the crowd into getting 49 runs in one over, smashing the record of Steve Dublin, for a Canadian that would be a massive achievement and Mark better pull this off fast, because the Brexit group is still growing and when they grow a critical mass, there will be no longer an option to convert them to a reasonable solution (whether Brexit or Bremain) that would truly be about the solution that is best for the UK and the British people. That option will go out of the window.

So this is where we find ourselves. We are all staring at the Wrong Question and the actual question cannot be answered and the evidence of hardware is removed from our vision, whilst the presented software can no longer be seen as reliable. You see, the people are seeing more and more how the American agreements called the TTIP and the TPP are about American solutions to not be an acceptable option any longer. This plays out nicely for China and perhaps Russia, but overall the Americans with their arrogance and non-accountability did this to themselves, so how can our lives become acceptable and liveable? That remains an issue, yet for the UK, not to be part of many of these players might not be the special coat they are hoping we would buy.

So here we are looking at the Wrong Question and no decent answer in sight, that is the part not dealt with and it seems that this issue will not be dealt with any day soon. The mere consequence of a lame Duck in Washington and a ‘fearless’ group lacking vision in Europe, united in (again as I Personally see it) personal gain against all odds. This is exactly why UKIP remains in ascendance. The one part that requires regulation isn’t getting any, because unless the EU’s debt grows to the level where Japan and USA are, those two are in a tough spot at the end of the way to dusty death with no alternatives. In all this the final element is seen as Crete rescued hundreds of refugees coming to Greece via Libya only an hour ago. That is the first of several escalations that Europe will have to deal with (at http://www.news.com.au/world/breaking-news/greece-rescues-hundreds-off-crete/news-story/987b32889f6327496a179d4ec95f2aa8), the issue here is not just that these Syrians came from Libya, the question becomes how they got to Libya in the first place. We know that Libya had Syrian refugees as early as 2014, but are those the ones crossing? More important, how can we verify that they were actually Syrians? With Crete entering the high tourist season, will these refugees have an impact on tourism? If so, that would be extremely unfortunate for Crete who is still recovering from years of lessened tourism, not as bad as some other places, but still in a recovering situation, will the almost 30% Dutch downturn turn even worse with the hundreds of refugees arriving on Crete?

There is no way to tell, but these new growing groups of arrivals gives additional ‘worry’ to those in favour of Brexit and their numbers are still growing, the implied pressure that the UK will feel over the next 60 days as people are trying to get into the UK will only grow fears, which drives an implied drive towards Brexit. Here I am cautiously stating ‘implied’, because we have no way of telling how many want to be on route past Greece towards Germany, the Netherlands and the UK. Add to this the fact that the EU remains active in irresponsible spending, debts that the next 4 generations need to work off, and that part is another driving force for Brexit.

There is now too much noise all over the papers, too many facts are intertwined and nobody trusts any of the players involved on either side of the Brexit/Bremain equation. From my side, as stated before Mark Carney did a good job, a really good job to bring clarity to the House of Lords and as such to the British population, it swayed me back to a neutral stance away from a definite Brexit. Now Mark Carney (as well as George Osborne) need to focus on the question too many people are not asking, whilst everyone is staring at the wrong Question. ‘How do we stop the irresponsible spending by Mario Draghi et al?‘

That part is gaining momentum when we consider the Irish Times (at http://www.irishtimes.com/business/euro-zone-recovery-may-slow-down-says-mario-draghi-1.2670722), the issue ‘Euro zone recovery may slow down, says Mario Draghi‘ comes AFTER he has spent a sizeable slice of the planned 1.74 trillion euros. Now we see how the recovery is slowing down? So when we get the quote “Mr Draghi said his central bank was “willing, able and ready” to act again, should those measures leave inflation short of the target“, the people should worry as Mario Draghi has spent well in excess of the total GDP of most EU nations. This gives the clear danger that the debt will stay in place for another generation. So until someone muzzles that man and crazy glues his EU wallet shut, explain to me how anyone wants to remain in an EU where too many politicians are spending the coins of other people, with no clear repayment in sight? That whilst several larger nations (like France) is growing the national debt in excess of the allowed 3% and no one is getting fined, because no one has any of these levels of cash left.

So as we might remember Shakespeare’s quote, we should consider the newly revised edition: ‘this was the noblest Roman of them all, yet it no longer matters as they have become extinct!‘

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April 20, 2016 · 18:41

Waffles, the Welsh Sidestepper

On my side, my party (specifically George Osborne) is stating that Brexit would leave UK ‘permanently poorer’, whilst on the other side we see Boris Johnson stating: “‘Its b******s’: Boris Johnson hits out at David Cameron over impact of Brexit on trade and jobs” as given in the Independent.

I stand by my party, but there are questions that need to be asked. Brexit, as well as a bankrupt America has been forever about greed moving, about giving in to banks and financial institutions. When we look at the Panama papers (and the debatable method how they got out in the first place), we see a banking structure that is completely greed driven, whilst we see again and again how the US (Congress, the Senate and the White House) give in to that greed whilst being unable to manage their debts and their budgets. In that same light we see the EEC remaining unaccountable for too long, pushing debts, overspending and non-accountability.

The Conservatives need to realise that scaremongering is no longer a method, yet here, is my usage of scaremongering correct? Are they scaremongering? You see, when we see statements from the PM, the Exchequer and the governor of the bank of England, we need consider the positions they hold. We might all consider the fact that we are being ‘misled’ because of a desperate, clueless and greed driven America, but is that the actual fact here?

I wish I could give you a clear concise and utterly precise answer. That I cannot do. Yet, what can I show you? Let’s take a look at that part!

The first consideration is given in the Independent (at http://www.independent.co.uk/news/uk/politics/its-bs-boris-johnson-hits-out-at-david-cameron-over-impact-of-brexit-on-trade-and-jobs-a6988236.html), where Boris Johnson gave us the following: “Now there is this idea that trade is entirely controlled by governments, that no trade takes place unless governments agree with each other” and “Well, b******s. It’s nothing to do with governments. It’s to do with businesses, people and enterprises deciding they have something to buy or sell“. We can to some clear part agree towards this? America is the best example here. They will sell anything and anyone at the mere drop of a hat (any hat), business is merely the operation of a seller selling its goods. Every corporation needs sales, whether locally or internationally. As the UK is selling, it is also buying, because these two go hand in hand; there is an equilibrium (at least some form of). As long as a nation exports more than it imports it is making a clear profit (whether taxable or not is another matter). This simple truth gives validity and power to the words of Boris Johnson.

The Bank of England gives us the following (at http://www.theguardian.com/business/2016/apr/14/bank-of-england-warns-brexit-could-do-serious-harm-to-uk-economy). We get to see: “extended period of uncertainty about the economic outlook, including about the prospects for export growth. This uncertainty would be likely to push down on demand in the short term,” then we get “A vote to leave could have significant implications for asset prices, in particular the exchange rate. The MPC would have to make careful judgements about the next effects of these potential influences on demand, supply and inflation. Ultimately, monetary policy would be set in order to meet the inflation target, while also ensuring that inflation expectations remained anchored” and finally there is “A Reuters poll this week found that 17 of 26 economists thought a vote for Brexit could prompt the Bank to cut interest rates for the first time since the financial crisis“. First the last one, because it is an easy option. I think that is a reality that the UK would face no matter what. Do you think that Mario Draghi setting negative interest rates would not impact the UK? Do you think that Draghi starting a spending spree, one that monthly exceeds the total fortune of Bill Gates will not be felt (at http://www.bloomberg.com/news/articles/2016-04-01/draghi-begins-ecb-monthly-bond-spend-exceeding-gates-s-fortune)?

We see in the News that Draghi has a planned total of about 1.74 trillion Euros of purchases in mind. That much debt added on the Eurozone. Who is paying for that? No one in Europe has that kind of cash, so explain to me how this would end well for anyone except the bankers and the financial sector? What will you expect when you send your 13 year old child with your credit card into a mall? Do you think that this teenager (regardless of gender) will come back with only the rashers of bacon, a pair of socks and a yoyo? Perhaps the storekeeper will talk your teenager into the consoles, shoes and lollies. It’s a credit card and the bill does not need to get paid at present. This is the reality the people at large have had enough of.

Now, back to the main line, because neither is lying, but in this first part, does the forecast of the Governor of the Bank of England matter? This situation is already out of hand, getting out seems to be the better of choices as no one is muzzling Mario Draghi, or those behind him trying to make sure that the money is spent. The Irish Times gave us another headline regarding the shopping spree of Mario Draghi: ‘In a world of negative rates borrowers get paid and savers penalised‘, in an age where the golden age group is the largest, the governments at large are using whatever they have saved to damage the elderly even more, whilst the criminals causing the damage are not required to be accountable. You might wonder how I am now labelling a party Criminal.

You see, in the Crimes Act 1900, where we see section 195 Destroying or damaging property. At Section 195(1) we see: “A person who intentionally or recklessly destroys or damages property belonging to another or to that person and another is liable to imprisonment for 5 years“. Seems odd doesn’t it? Yet, this conviction could make for an essential claim form the government as well. You see Austlii gives us “‘Property’ includes every description of real and personal property; money, valuable securities, debts, and legacies; and all deeds and instruments relating to, or evidencing the title or right to any property, or giving a right to recover or receive any money or goods; and includes not only property originally in the possession or under the control of any person, but also any property into or for which the same may have been converted or exchanged, and everything acquired by such conversion or exchange, whether immediately or otherwise“, which means that money and valuable securities, meaning ones retirement coin. In that regard, Draghi is playing with cash he doesn’t have, diminishes money he is not entitled to and the people at large are left with nothing.

Is anyone even surprised that the Brexit group is growing so fast?

So back to the Bank gov. You see, he is talking about forecasts, expected events and non-expected events. This is done as he should, but the silence around irresponsible spending has not been addressed for years now and this has the people scared, panicky and riled up, a really lousy combination if I might say so.

Now we get to the big one. The exchequer giving us “Britain would be “permanently poorer” if voters choose to leave the EU” as well as “The conclusion is clear for Britain’s economy and for families – leaving the EU would be the most extraordinary self-inflicted wound”, you see. I am not convinced. Moreover, I am not convinced that the 6% downturn would not happen. When we see spending into the trillion plus, what shortage would not happen? The question becomes how reliable is the quote “Britain would be worse off, permanently so, and to the tune of £4,300 a year for every household“. So where did he get those numbers from? There is a real risk of an economic contraction, but that risk is already there. I reckon that should the Exchequer want to regain any reliability and trust, than this full calculation with all evidence would be made public for scrutiny. That is massively unlikely to happen. This gives us the problems we currently face. Those who are needed in the trenches do not seem to be correctly informed and going public on those numbers would cause too many searchers for a document that has no longer value after the scaring is done.

Or is that scarring?

You see, this current government is not sitting safely where they are. When we read “It is a well-established doctrine of economic thought that greater openness and interconnectedness boosts the productive potential of our economy. That’s because being an open economy increases competition between our companies, making them more efficient in the face of consumer choice, and creates incentives for business to innovate and to adopt new technologies” we see the initial part of the problem.

What is written is a clear truth, but it does not touch on the issue that resides in all this. The image is given, with in personal mind that we are all accountable and that correct scope in usage is there. Yet the truth is that this required proper taxation laws where corporations can be held accountable. Governments all over (including the UK) have created a labyrinth of shelters leaving them with a mere shadow of a coffer, a government coffer that is empty, giving us the nightmare scenario we all currently face. You see, as I see it, greater openness requires accountability and the law at large has been remaining too short on the facts and yes to the options. Now we see an additional piece from the Guardian where they are explaining that magical number, still it reads like a presentation and not a journalistic piece. It is like the article is mainly the treasury making its case and no critical eye is falling on it. Yet, there is absolutely no indication that any of it is a lie. Yet, the countersign is equally a worry. The article implies that the UK could only exist through the coat tails of the EEC, that is not the image I ever held of the UK, this, not unlike the Panama papers, seem to give off a feeling that there is American orchestration. There is absolutely no evidence of it, but the way it is presented, it implies that high investment only comes from EU connections. I disagree, we only need to see how absurd luxurious and unaffordable sky scrapers come into existence in the UK to see that cash will remain on course towards the UK, the nice thing of an island is that space is finite and London is built to the max of its land size. The cost of irresponsible spending seems to be neglected as well as the paper downplaying the pressure of paying the EU. In equal measure is has (as I personally see it) downplayed the consequences of recessions. Greece has another one now, soon to be followed by Spain. Both France and Italy running high risks of two years of recession, all downplayed. The IMF added the last drop to the bucket. Again embellishing the effects of a Brexit, whilst they attacked Osborne’s austerity path in January 2013 (Olivier Blanchard), 1 year ago to the day Christine Lagarde is now admitting that Osborne’s plan was good as well as the best option.

So neither party seems to be lying, you are merely seeing different cogs of different engines in this entire play whilst you expected to see only one engine. That is no longer the case. What is still equally worrying is that the US is involved in all this. For them to not be involved is just too ludicrous to contemplate. That will be part forever overlooked. You see, the consequence that the Euro will have on the dollar has been trivialised.

This is where we stand, we see that there are no lies, but certain statements aren’t getting the proper back-up from open data. It is the rhythm in all this that we expect an American link to come forward sooner rather than later, for the mere reason that the collapse of the Euro will hit the US dollar like a sledgehammer, one that will spark collapses all over the financial field. This is something we see more and more in publications at present, but the one source I am referring to is the one I predicted on January 30th 2013, over three years ago (at https://lawlordtobe.com/2013/01/30/time-for-another-collapse/), there was no time line of the event, but I had initially (wrongly so) predicted it to be before now. So the entire Euro mess has been going on for 3+ years and again and again we get the unbelievable projection that next year will be better. Can anyone explain to me how that can become a reality when 41 trillion is unaccounted for? (US, Japan, UK, Germany, France and Italy)

Apparently debts are not dealt with, that whilst the top of banking on a near global scale ends up with a bonus exceeding 5 billion dollars (just the bonuses). Where does this money come from and who is getting the invoice on all this? It is that part that is pushing Brexit and Frexit forwards (although the massive reason for Frexit remains to be Brexit).

Waffling, sidestepping, welshing all terms to avoid dealing with the issues that are on our front door and let’s be clear, we all elected those people to do just this. If you didn’t vote you don’t get to complain! Even now, the bulk refuses to deal with anything, especially with the US element in all this. As for the perjury bit, is intentional misleading not the same as lying? It is the intentional part that bothers too many people, which is making Brexit fans as well as UKIP slightly too happy.

The final part

Here we get the final pat as excellently brought by Phillip Inman (at http://www.theguardian.com/politics/2016/apr/19/brexit-is-a-risk-to-uk-growth-says-carney). Not that word for word is such an achievement in reporting, but the article gives the part everyone should read. Here we see Marky Mark of the British bank (aka the Governor of the Bank of England) riding in on his shiny leased equestrian solution. Here we see a calm report given at the House of Lords. The important side is not the quotes, it is the way the parts were brought. The quote “Any positive impact of a [sterling] depreciation on activity would need to be set against any net negative impacts [whether on investment, consumption, exports or potential supply] stemming from its underlying cause.” He does not hit the nail with a hammer, he pretty much drives over it with a tank. You see, all he tells us in the article we get, we all understand and accept. The important side here is not what the immediate issue addresses, it is the indirect consequence of the act. A version of what lies beneath. Even if the Pound drops a little extra, that part is not the issue, the interest on a 1.5 trillion debt is the issue, that wave will hold too many people under water for a little too long, creating wrinkle upon wrinkle, each wrinkle drowning a few people with every wave. That part is addressed with the quote: “These are balances of probability, but the likelihood is that it will become more expensive to fund that deficit [if the UK leaves the EU] and, with a shift in the structure of it, it may mean that for a period the UK economy cannot run as large a current account deficit – it means that there would be less activity in the economy, less growth”. This is the brilliant side, because we waited until the Brexit crew was done waffling, we waited until UKIP shouted itself horse and the calm composed voice of Mr Carney now gives in clarity the part we all need to hear.

In perspective against the utter stupidity of the EEC with non-accountability and unregulated overspending, the British people are confronted with the simple fact that moving out of the EU will stop the ability for England to pay its debts (the interest on it). Until the economy improves the UK would go the same way as America with its unsustainable debt. It is by far the first clear element given to keep the UK within the EU for now. I have been on the fence for quite some time, but here is the one fact that matters. The British people by themselves cannot survive by itself to deal with what lies beneath.

It does not take away that the EEC needs to make massive changes, changes it needs to do tomorrow, not next week. Which shows a second part that the voters had forgotten about. You see, both David Cameron and George Osborne have been adamant and fighting to get the debt down, the one part forcing the UK in the EU, is the one element none of the conservatives want to see on the books. They prove that they want the best for England, which also gives more worry about Labour and the path Corbyn is putting the UK on, because in deep debt the UK will never have any options of choice.

So I say: Well presented and well played Mark Carney!

 

 

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April 17, 2016 · 18:42

What the law allows

This is not the usual article for me. This is not a mere look at facts and at information, one could say that I have skin in the game (me using the loosest of all interpretations). You see, I know Paul Farrell. We might not be on the same side at times, for the same reason I am on opposite sides of Brendan Molloy, but we all went to the same University and I know them both to be good people, both with integrity and with a decent moral compass. These issues matter. For the same reason that I stand next to David Cameron, yet I remain holding a healthy respect for Ed Miliband. Ed sees things wrong (read: does not see them my way), but he truly believes that he was fighting the good fight for his party, which is all that mattered.

So how does this relate?

You see, whenever the name Edward Snowden comes up, it seems to raise a red flag for me, like a bull my horns go into battle mode. There is something really wrong about the Snowden case and it forever will be from my point of view, so when I read ‘Edward Snowden on police pursuing journalist data: the scandal is what the law allows‘ (at http://www.theguardian.com/australia-news/2016/apr/17/edward-snowden-on-police-pursuing-journalist-data-the-scandal-is-what-the-law-allows) got my attention to the smallest degree, yet when the quote “singled out for critique the Australian government’s contention that it broke no laws in its leak investigation of Paul Farrell, a Guardian reporter who in 2014 exposed the inner workings of Australia’s maritime interception of asylum seekers“, I became wide awake. You see, I know Paul, which makes it another matter entirely. This links back to an article where Paul Farrell was part of a team (at http://www.theguardian.com/world/2014/jul/07/asylum-seekers-will-be-handed-to-police-on-return-sri-lanka-confirms), that reported on certain issues. The quote “a group of 53 legal experts have called on the federal government to reveal how asylum seekers are being assessed on board customs vessels” points towards an issue that is very valid to be raised upon. When we see “a group of 53 legal scholars from 17 Australian universities warned that the government’s conduct under its hardline military-led border regime “Operation Sovereign Borders” was in violation of international law“, that point of view does not change one bit. The press has every right and even a mandate to report on it (read: why this is not done more often in commercial cases remains a mystery). These elements are not part of the actual spying issue, but they are related to the issue.

The rest of the article reads nice, but there is a side that I saw missing. Where were these people stopped? You see that makes all the difference. How far have people looked into the matter? When we consider UNCLOS (United Nations Convention on the Law of the Sea), we need to consider article 17 where we see “Subject to this Convention, ships of all States, whether coastal or land-locked, enjoy the right of innocent passage through the territorial sea“, which is at the heart of the matter. Refugee boats are for the most smugglers, meaning that they cannot rely on ‘innocent passage’, in addition, article 18 gives us the passage bit with “traversing that sea without entering internal waters or calling at a roadstead or port facility outside internal waters“, which is exactly what smugglers are intent on doing, and whilst doing so we get article 19 where we see “Passage is innocent so long as it is not prejudicial to the peace, good order or security of the coastal State“, which again is exactly what smugglers ignore, because the status of these people cannot be confirmed, as such they can be regarded as prejudicial to both the peace and the good order as well as the security of the coastal state. Perhaps these 53 legal experts looked at that part, perhaps not (read: if I get any documents proving that part, I will reopen this blog article at a later stage).

So at this point, I saw an article that has issues, but I see nothing short of a mere article, nothing that should have woken up Edward Snowden, more important, why did it wake up the AFP? The article gives more than just 53 legal experts, it mentions “Hanson-Young also called on the minister to reveal the fate of a second vessel of 153 asylum seekers believed to have departed from India“, it mentions “The Tamil Refugee Council of Australia” as well as “UNICEF Australia and Save the Children said they were also “seriously concerned” over the secrecy on the second boat“, which are clear quotes, clear issues to be raised by a member of the press, so why do we get: ‘Federal police admit seeking access to reporter’s metadata without warrant‘ (at http://www.theguardian.com/world/2016/apr/14/federal-police-admit-seeking-access-to-reporters-metadata-without-warrant)? You see, in the 2014 case we have the quote “The Australian government’s “on-water” activities to turn back asylum seekers have been shrouded in secrecy under the military-led Operation Sovereign Borders. They led to several incursions into Indonesia’s territorial waters in December and January”, you see, this makes it not an AFP case, but an ASD case as this was a military led operation. The quote: “incorrect calculation of the boundaries of Indonesian waters” is even more hilarious especially when you realise that RADAR, SATNAV and other means tend to show shorelines, can we assume that those on board of the Ocean Protector should have known these little facts? If not, than let us meet with the captain and discuss the International Regulations for Preventing Collisions at Sea, where we see in section 2(a):

Nothing in these Rules shall exonerate any vessel, or the owner, master or crew thereof, from the consequences of any neglect to comply with these Rules or of the neglect of any precaution which may be required by the ordinary practice of seamen, or by the special circumstances of the case.

Which gets us nicely to the duties of being a ship’s captain, where we could now conclude that the Ocean Protector could be regarded as in violation of that pesky UN law named UNCLOS, to be more precise in violation of section 19 of that one, because it could be seen as acting against the ‘security of the coastal State’. This is why I looked at the IRPCS, as that is foremost on the mind of any ship captain, which gives us section 2a and this now gets that person in hot water with section 19 of UNCLOS. Going from other sides there are now the 1st and second mate to consider of the Ocean Protector, as the transgression, unless clearly defined in a military agreement, could be cause for a tribunal and as such the captain could stand a chance to be ‘captain-no-more’, which means that the mates move up a position, this is sometimes regarded as promotion through termination (read: this doesn’t always require extreme prejudice).

My issue is less with the statements of Edward Snowden and much more about (as I see it) the stupidity of the AFP to look into a matter that has so many clear sources named, especially names of people who would know more than the article revealed that the investigation into Paul Farrell seems to be a waste of time to say the least. To be honest, I am much more worried about the escalations we get from the SMH with the title ‘Scott Morrison to share Australian Christian Lobby stage with anti-gay extremists‘ than anything Paul has written here (sorry Paul, I am not trying to diminish your work).

You see, the article Paul partially wrote asks questions, they ask the right question. What is a clear issue is: “the secrecy on the second boat and were worried that unaccompanied minors could be on board whom required additional assistance from Australia under international law“, now also consider “The council had previously stated that at least 11 of those on board had previously been tortured by the Sri Lankan authorities before fleeing“, we see a pattern. A pattern that some elements (I reckon mostly UNICEF) had data and information that was vital, in all this we see the statement that also matters “Morrison told Sydney radio that the second boat was no longer in Australian waters“, so basically Morrison has clearly stated that the second boat had entered Australian waters. Yet when and where? This does not change my view on UNCLOS and its interpretation of it, but it does have an issue with what happened afterwards and the Guardian does not really report on it, it asks questions. Now if Paul got Morrison to make the statement, than that does not make Paul a better investigative journalist, but it does make him an awesome and dangerous interviewer and no matter how he got the quote, he did get the quote and Morrison will have to place his virtually burned bum on a cushion for a little while. So why did the AFP need the metadata of Paul Farrell?

You see, I look at the article with different eyes, as a data miner I see other patterns and the article skates on one that seems to be ignored. We get that from “The AFP have undertaken a number of investigations targeting journalists’ sources, many related to stories about asylum seeker operations“, a statement where I see ‘many’ in a different light. I am wondering, especially in light of what was written why Paul’s data was sought for. My assumption is that there is another side to this. I personally reckon that Paul has had interactions with another person, on perhaps another story. I reckon that someone else is under investigation and Paul Farrell is only connected to some extent.

Can I prove this?

That is of course part of all this. You see, I cannot without seeing more than one source smitten with all this. But consider all the sources the Guardian has had. Any maritime issue can be much easier ascertained by the ASD (and it was a military led operation), they have a lot more resources and any maritime leak can more easily be traced at the maritime source (you know the instigating server side of things). In all this, the quote “Earlier this year Guardian Australia reported that the AFP had accrued a file of at least 200 pages on Farrell in an attempt to uncover and prosecute his confidential sources” from the ‘surveillance’ article now matters. It links to a Feb 12th article where we see the quote “In April 2014 I reported for Guardian Australia that one of the vessels involved in Australia’s unlawful incursions into Indonesian waters, the Ocean Protector, had gone far deeper into Indonesian waters than the government had disclosed“, which is the statement that caused all this. You see, the Ocean Protector is a government vessel, yet a civilian one that falls under the Australian Customs and Border Protection Service. The ASD has options here, but it seems overkill to use them when it is not a military operation. The ASD can rely on “The Australian Signals Directorate (ASD) provides foreign signals intelligence, known as SIGINT, to the Australian Defence Force and Australian Government to support military and strategic decision-making“. So why use the AFP instead of a much better equipped ASD? That is the question that comes to mind. What is without doubt is that this is not merely a Paul Farrell investigation. This is just a personal opinion, but when we see the amount of sources Paul Farrell had, in addition if the ship had an Automatic Identification System (AIS) on board, was it logged off and shut down? Even crew members with a smartphone turned on could have been enough of a source. A dozen sources all lower than open intelligence sources, were they looked at? In addition if the Ocean Protector had any switched on Esterline Technologies equipment on board, there might be additional ways to get certain information. I wonder how deep this was investigated before someone had the less than bright idea to, no matter how lawful I was, to the metadata of a journo?

The article raises questions, and what it does not tell us makes me wonder about several other questions, none of them considered.

In all this the by-line of a picture in the February article gives us “Michael Pezzullo, secretary of the immigration department, told a Senate committee this week he had referred a cabinet leak to the police. He also referred a Guardian Australia journalist to the AFP after a report that revealed a customs ship had entered Indonesian waters far deeper than previously disclosed“, which makes sense, yet that line gives me the issue of the Cabinet leak and a lot less about the Guardian leak. It seems to me that the massive file on Paul Farrell reads like a bright light, one that dissuades away from the cabinet investigation that is one that many parties would want to keep out of the press. I just wonder what Paul will find when he takes a look at that Cabinet member and the information that is being looked at. I am not certain that it will be about Asylum seekers or refugees, or another matter entirely, but that again is merely speculation from my side.

Can I be wrong?

Off course I can. You see, my speculations are merely the consequences of data I saw and other data I read. Now ask yourself, knowing the backlash spying on the press gets you; do you think that the AFP is actually this stupid? As I raised issues of location tracking in many forms, the essential part isn’t whether he got a hold of that data, the question becomes how many non-illegal methods could he have used to get it. So, the actions by the AFP seems to be a massive overreaction. That is even before we see whether the Ocean Protector is on http://www.marinetraffic.com. Even after that, there are Indonesian systems to consider. If anyone had revealed that data it would have been a political issue between Indonesia and Australia (the second party without any claim to secrecy within the territorial waters of Indonesia). All these mere issues, all clearly within the view of the public, the audience, the press and the governments at large.

So now ask yourself: ‘Is there any sense to exposing one’s self to internal investigation as the press demands visible answers?‘

That is why I got to the path I am on. Consider one additional path. If we consider a phone number, for example (purely a random example): 8816 273 14432, now consider that this is an Iridium sat phone. You see these puppies also tend to be on boats. They have been used in many non-metro environments since the mid 90’s. These puppy’s come with data and GPS enabled and Iridium is actually one of the better more secure solution, there are few cheap ones that offer very little security. So was this about Paul Ferrell, or did Mike Pezzullo (or one of his top minions) drop the ball in another way and was this his panic solution?

These are mere thoughts in all this. It took mere minutes to get to this place and I had initially read the article in February. We must acknowledge the issue that “Law enforcement did not need a warrant for accessing the information at the time“, which is not as much a cause for concern as people make it out to be. Let’s face it, we are all held to a need for results. So was the AFP wasting time? In my summary they were for other reasons. The need to give the image that they are looking in one area is adamant, for politicians the need for the AFP to look somewhere else is equally their personal need, yet where lies the real need? On the foundations given, it was clearly not looking aty Paul’s data I raised many issues on that matter.

This gets me to the final article. There is nothing about the article that is wrong, it is the reflection of Paul Farrell (at http://www.theguardian.com/world/2016/apr/15/australias-attacks-on-journalists-sources-are-about-politics-not-national-security). The title ‘Australia’s attacks on journalists’ sources are about politics, not national security‘ hits the mark on several issues. The quotes that I needed in my case were “It’s become a sadly normal reality that journalists’ sources can be targeted in Australia in an effort to hunt down whistle-blowers“, the operative word here is ‘can‘, which is not a given, just a mere option. It does not make the action correct. What is more an issue is “this is the first time the AFP has ever made such an admission in Australia“, you see, why is this the first time? Was there too much overwhelming evidence, or is was the clear visibility of the search a reason to hide something else?

You see, that could be seen as a clear case of ‘conspiracy theory’, but regarding the evidence. The document (at https://www.scribd.com/doc/298816051/Paul-Farrell-AFP-Decision-Letter-and-Documents) that reveals nothing really, there is too much marked out. So was this a clear case of wrongful investigation, or was that the case because it dims the lights of what the AFP is actually looking into. So when we see the quote “From the AFP’s point of view, it has done nothing wrong. As it has indicated in its statement, it has sought to undertake investigations within the scope of the law. It has “sought to identify the source of the disclosure, and then determine whether they had the appropriate authority to release that information”“, to me it shouts not ‘what was wrongfully looked at‘, in my personal belief it screams ‘We are actually sneakily looking at something else‘, again, it is a speculation and I could be massively wrong, yet there is enough in the air to wonder about that issue, not just by me.

 

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April 7, 2016 · 21:58

Delusional

This time the story has a twist, it has sides that some considered and many ignored. This all started when the Guardian started a new story this morning. The title ‘From Snowden to Panama, all hail the power of the press‘, written by Simon Jenkins (at http://www.theguardian.com/news/commentisfree/2016/apr/06/simon-jenkins-power-of-press-panama-papers-investigative-journalists). Even though it is ‘merely’ on the ‘comment is free’ part of the Guardian, this article deserves a separate bit of attention. You see, the start set me off, but it was the content that truly leaves food for thought and it should worry you all!

The title is the first part. You see, I always considered Snowden to be a joke, a scenario (explanation will follow), in addition, the Panama papers are showing a side that should worry a lot of players in this game of what I consider to be misinformation. The interesting part is that these two examples are both relying on data, one from the inside and one (Mossack Fonseca should hope so) from the outside.

Then the writer gives us the following: “Fifa corruption, Snowden and surveillance, Rotherham child abuse, drugged athletes, Stephen Lawrence, WikiLeaks, MPs’ expenses, phone hacking, HSBC, cash for questions, cricket fixing, extraordinary rendition, Olympic bribery, Slater Walker share fixing, DC-10 crashes, thalidomide, corruption at the Met: if power had had its way, none of these stories would have come to light“, now for some cold realities. If there is one voice that requires heralding, than it is the journalist Andrew Jennings. He was the one who truly looked into FIFA, with FIFA’s Dirty Secrets (first aired on 29th November 2010), this was basically one man. The press at large didn’t do that much. They ‘reported’ on certain matters, but the visibility it should have gotten was below minimum. The Guardian in May 2011 gave us in “Lord Triesman accuses Fifa executives of ‘unethical behaviour'” the mere quote “In retrospect that was not the right view to take and I accept that” seems to push for sympathy. The only part I see is that the press at large ignored seriously investigating FIFA. When it finally did happen, it was a decade too late. When we see the phone hacking reference, we must realise two elements “investigations conducted from 2005 to 2007 appeared to show that the paper’s phone hacking activities were limited to celebrities, politicians and members of the British Royal Family” is the first and the second “the phones of murdered schoolgirl Milly Dowler, relatives of deceased British soldiers, and victims of the 7 July 2005 London bombings had also been hacked“. It was public outcry that led to the official investigations, not the press. The Leveson inquiry that started through the announcement of David Cameron on July 6th 2011 would show a few sides. One of them that the Press Complaints Commission was merely a joke and a bad one at that. It also started Hacked Off, a group investigating the misdeeds of the press. The Leveson inquiry resulted in an advice for a royal charter, something that was massively feared and objected to. We would see responses like “state restriction on press freedom“, yet freedom does not mean unaccountable, which is what the press, for reasons of ambiguity and circulation requires.

The royal charter was from the very first moment bitterly contested by the press, with many of the largest newspapers instead backing Ipso, which by many non-journalists is regarded as a mere joke.

There is little to say about the rest of the initial list, but it is not the last stated about the article. You see, now the light grows on the Panama Papers with “A cloud of stinking dust rises as another wall in the edifice of unaccountability crashes to the ground. No thanks are due to any government or police force, to any minister or regulator“, this statement might sound true, but is it? Let’s look at the list:

  1. Any government. So, what about Panama? That place has its own government!
  2. Police force, they were never part of anything, remember the initial part, Mossack Fonseca has not broken any laws, so how does the police fit here?
  3. Any minister, which is the first real name, hidden in a field of useless names. You see, how are laws made? (at http://www.parliament.uk/education/about-your-parliament/how-laws-are-made/), that has been the issue from day one for decades, there was a need to truly overhaul taxation laws in pretty much every Commonwealth nation, when was this done? When did the press at large keep a watchful eye on those making laws? Which members of government, which MP, which Lord has attempted to overhaul tax havens and taxation laws? Which bills were created for that? All answers not forthcoming, the press tends to sleep through those moments as they are often regarded as not sexy enough for circulation.
  4. Any regulator. They overlook that things are properly done according to law. As no law was broken, they tend to be useless here.

So the list we see leaves us with one group to blame (because no crime has been reported 3 become non-players), a group that gets blamed all the time, so people do not take heed. What is brilliant is what Simon Jenkins does next. He basically validates all I wrote here (and I have written it before). He writes “Sometimes it relies on a solitary reporter, such Andrew Jennings initially on Olympic and Fifa corruption“, he is correct, especially when he writes “If indeed “everyone in the know knew” that Fifa was corrupt, sportsmen took drugs and contests were fixed, why did it need American attorneys to make arrests, spurred to action by the British press?“, that is a question that has an easy answer as I see it. You see, it is money! In that same light the press has become extremely cautious to (pardon my French) ‘piss off the shareholders and advertisers‘. When it is a player like FIFA, a player with billions, the nervous cat (aka the editor) might not take a step until the transgressor confesses on national news from a public place (like that will ever happen).

So why do I have an issue?

You see, the title has the gem no one talks about.

I have written about Snowden many times, so you can Google that part, but the Panama Papers are new and here to we see a certain lack, one that was equally present with the Snowden claims.

For this we need to take a small step into Logic. You see Mossack Fonseca is not a simple place, I reckon that those working there are amongst the brightest on the planet. Even when Wall Street collapsed and whilst others were looking at Enron. This player with 300,000 companies was making its own waves. Namely waves of continued wealth. Consider those accounts and as these clients are all well above millionaires, consider a fictive amount that they’d pay $10,000 for the privilege of not paying more than 1% taxation. That means that we have a bare minimum of $3 billion in clean revenue and that is the smallest possible number. If they were paid 0.1% of the saved taxation, we get to a number of more than twenty times the amount, not bad for a company with 500 people over 42 nations. We all want a share of that pie and that is exactly what is happening right now (as I see it).

Do you think that you can just walk into systems that secure an annual revenue of billions? You think that hacking is a new invention? No, these people will pay top dollar for 24 hours a day monitoring of every byte they have. This is the puzzling part that every press agency seems to have overlooked (read: ignored). Those files and the massive size of it would have set above average alerts all over the place and this place is anything but absolute top tiered secure. You see, the second part in all this is that new progressive form of entertaining person. In America they refer to him as President of the United States. You see the title ‘Obama calls for international tax reform amid Panama Papers revelations‘ (at http://www.theguardian.com/news/2016/apr/05/justice-department-panama-papers-mossack-fonseca-us-investigation) reads like a mere joke for the following reasons:

– As ‘lame duck’ president you Mr President are on the way out, the elections are already underway and in November a new person comes into the White House, whatever claims you make now, they will never become a reality!

– Let’s take a little gander back to July 2013, where your administration, perhaps even the head honcho of that oval office (read: you) REFUSED to back international taxation laws that would allow tougher calls on digital companies like Google, Amazon and Apple. The quote “Senior officials in Washington have made it known they will not stand for rule changes that narrowly target the activities of some of the nation’s fastest growing multinationals“, which amount to the US needs that money and taxation in other nations is not an option at present.

The last part is shown when we consider the congressional paper ‘Tax Havens: International Tax Avoidance and Evasion‘ called R40623, here we see on page 4 “These tax havens tend to be concentrated in certain areas, including the Caribbean and West Indies and Europe, locations close to large developed countries. There are 50 altogether“, which is wrong, for the simple reason that there are at least 51. America decided not to list the USA, which is shown by Bloomberg (at http://www.bloomberg.com/news/articles/2016-01-27/the-world-s-favorite-new-tax-haven-is-the-united-states), where we see “helping the world’s rich move accounts from places like the Bahamas and the British Virgin Islands to Nevada, Wyoming, and South Dakota“, did you see that one little reference, ‘from’, this is what Mossack Fonseca faces, a move from one place into the USA. Interesting that he who is on the way out seems to skip his own garden when it comes to tax havens. Could the USA be that bankrupt? Or is this another move to force any wealth away from supporting Brexit? You cannot deny the timing that this comes to light just when Greece will be unable to meet another payment, meaning that new arrangements are necessarily. And the Bloomberg article was published months ago!

What is a given is that hacking into Mossack Fonseca should have been nearly impossible, unless you have government assets to use, which we all know is not really an option. In the end I cannot prove how the data got out and Mossack Fonseca will never answer that with clarity, consider that even on a fast internet, it would take 326 hours to download the data that some claim they have from Mossack Fonseca. So either there was another medium, or there are other players in town. These simple elements were easily found, and how long until someone in the office realises that one data job is taking a really long time?

This is why the entire Panama Paper Trail smells and the press at large seems to be avoiding the questions, in this we will soon see the Guardian replace ‘According to Snowden’ replace with ‘According to the Panama Papers we have’ as a new false seal of reliability, so that more ‘dramatic’ revelations can find their way to a page one issue.

How Delusional is that?

That question is equally important, because even though I relied on quotes sources and logic, is my version so much better and so much more reliable? I am not willing to believe myself regarding some of the issues illuminated, so why would you? I personally believe that you can find these same facts easily enough. The levels of logic I employed can be equalled easily enough by an intelligent person, so why did the press not see them and why are they not asking the hard questions?

Is that fair enough?

I leave it with you to consider the facts I presented.

 

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April 3, 2016 · 14:10

The Medic and the Medici

There are several issues exploding, yes, they are literally exploding in the faces of people all around us, especially in the UK. The first event is ‘Leaked Brexit email claims David Cameron has ‘starved’ NHS‘ (at http://www.theguardian.com/politics/2016/apr/01/senior-tories-brexit-vote-leave-attacks-david-cameron-letter-nhs-staff).

This article gives us the following quotes: “David Cameron and Jeremy Hunt must accept responsibility for this – they have starved the NHS of necessary funding for too long.” The claim is more than outlandish, it is for all intent and purposes a clear fabrication. So who is Cleo Watson? What evidence has she produced? These two elements are important. Apart from her short time with the Vote Leave campaign, she is an unknown. This letter is also a clear visible act where both Michael Gove and Boris Johnson need to question their support for this group. Michael Gove gave his reasons clearly and well written in the Independent. Boris Johnson has his business and governing mental experience regarding the link between the UK and the European Union. I am on the fence, yet to some extent I am leaning more and more heavily towards Brexit. Yet I want to do this on the facts that matter, people need to vote based on actual facts. Cleo Watson is just making a joke everyone needs to ignore. This we see when we take the following facts into account:

#1. 2011, NHS pulls the plug on its £11bn IT system, a system abandoned after 9 years of spending and no result.

#2. 2013, The NHS says it has lost millions of pounds in the last year because of the number of patients failing to turn up for appointments.

#3. 2015, The NHS saw the worst performance by A&E departments since records began in 2010, with only 91.4% of patients being seen within the four hour target time.

#4. 2016, Nurse staffing levels, missed vital signs observations and mortality in hospital wards: modelling the consequences and costs of variations in nurse staffing and skill mix.

Now, this is not about laying blame with the NHS, yet serious questions need to be asked. You see, only the arms industry has at times the luxury to blow away 11 billion and not feel the consequences. It’s pretty much the operation expenses of the Patriot Missile system in the US. Oh wait, the UK cannot afford that system, so it selected the Aster which gives more bang for the buck (50 missiles more bang for the buck). It had issues after that in both quality and availability. In addition, a study to be completed in 2017 is costing the NHS half a million.

There are other issues that play, they are all with the NHS; the issue is that these things just happen. Any machine has cogs that aren’t pulling their weight, they are there in case something else goes wrong, or they are in support, or even just idle because the system requires them to be. The response in the Guardian was also direct: “A senior source at the Department of Health hit back by claiming the government had provided an additional £10bn for the NHS and said that “every Conservative MP stood on a manifesto to deliver this package”. They added: “So we expect every Conservative MP to have absolutely nothing to do with this letter”“, which for the moment might sound very correct, but within all this a serious question remains. How could any project go this far out of bounds? In a time when the NHS is not smothered to death, but only a step away from drowning in costs and costings, we must demand a firm hold on expenses. Yet, this goes a lot deeper than just expenses, you see in all this, especially in regards to the squandered £11bn, questions must be asked of the political side, did they interfere, was there interference at all and how did that explode costs? That is an equally important question in this race for comprehension.

So as we see one part nullified from Vote Leave. We are not done, not by a longshot. You see, these matters are tried again and again. This becomes more outspoken when we see ‘Female doctors may be forced to quit over new contract, experts say‘ (at http://www.theguardian.com/society/2016/apr/01/female-doctors-new-contract-medical-royal-colleges). Now, let’s be fair. There was always a small chance that this was the Guardian entering its own April fool’s day article of the year. Yet that part can be ignored when we read: “The MWF is worried that will force female doctors who are mothers to try and find childcare at those times. The new contract could breach junior doctors’ right to a family life under the Human Rights Act“. In addition there is “Dr Roshana Mehdian, one of the leaders of the junior doctors’ campaign against the contract, criticised the DH for saying that women should make “informal childcare arrangements” if they are affected by having to work more antisocial hours“. When we look against “This is ludicrous in the 21st century when childcare costs are spiralling and access to out-of-hours childcare is limited. This discriminates against women, single parents and working couples“, we must ask ourselves ‘Are these doctors on drugs and please can we get some of them?’

You see, there is no denying that the MD’s in this world work really ungodly hours. I do not think it is fair, yet the current system does not have that much margin to work with. In addition, a personal view is that any woman who now goes into medicine, who also wants to be a mother needs to realise that she can do one or the other, not both. Those in the medical and legal industry tend to work an easy 50-60 hours a week. Unless those women have chosen to marry a househusband, that option is gone! All this bickering and especially Dr Roshana Mehdian who not unjustly stated “This is ludicrous” is forgetting that in the old days the man worked, the woman stayed at home. Now, if we accept (and I do), that someone has to be with the kids (to some extent), in an age where a man and a woman can make the same fortune, she must also realise that if she is making the fortune, she needs to realise that Mr Mehdian might be expected to be at home to raise the kids. In a bad analogy I would rephrase this into, you can’t be a hooker and expect to be given the options of a virgin. One excludes the other. And in an age of spiralling childcare costs, the cost of living went up for all. This is not about fairness, this is about reality and realism. Because only labour seems to feed the public the idea that all can have a job, free education is a given and childcare is priced under the tax deduction act, those who believe will not have a life, not have a family and they will not have any money left.

The article calls for another two quotes that have relevance and importance. The first is “The DH analysis, published on Thursday, has intensified the long-running dispute between the profession and ministers over the contract. There is particular unease about its statement that “while there are features of the new contract that impact disproportionately on women, of which some we expect to be advantageous and others disadvantageous, we do not consider that this would amount to indirect discrimination as the impacts can be comfortably justified”“, the second is: “This contract is a huge step forward for achieving fairness for all trainee doctors”, a spokeswoman said. “For the first time, junior doctors will be paid and rewarded solely on the basis of their own hard work and achievement. That is ultimately what employers and the BMA they want and everyone deserves: a level playing field.”

You see, these might seem like two sides of the same coin, but I reckon they are not and this is a lot more of an issue that some might realise. You see, the Guardian and the Independent are both on the same side when we see “the measures would discriminate against single women“, I disagree! From my point of view, being a single parent and in law or medicine is massively stupid and selfish. It is clearly given at the beginning of your career, already in University for some that the immense amount of hours made will equally mean that being a parent (in any other way than the old way is the real story that will not be a reality). I reckon that any person becoming a parent whilst working 50+ hours a week is a bad parent and should not be allowed to be a parent. You can’t have it all and for the most, most of the population knows this to be a truth. Is it possible down the track? That remains to be seen, there is a clarity that unless the economy does not drastically improve the family life for many will be a mere concept that will never become a reality to many couples. Nourishing any act in that direction is self-delusional.

Is it fair?

Of course it is not, but the current economy is not about fairness, in all fairness the previous administrations should not have pushed this government with a 14 hundred billion pound debt, but that happened and until now, no serious acts have been performed to rein in spending and to reign in debt, which is part of all this as well. The full contract can be found at http://www.nhsemployers.org/case-studies-and-resources/2016/03/junior-doctors-terms-and-conditions-of-service. I am not going to bore you with the contract as such, because some of the elements discussed require a person much more versed in contracts than I am. Yet, I feel that it is imperative to mention: “The work schedule for a doctor on a general practice training programme working in a general practice setting should reflect the 2012 COGPED guidance or any successor document on the session split during the average 40-hour week that comprise a minimum full-time contract. Any additional hours of work above 40 must be included in the doctor’s work schedule and linked through to the curriculum, as per those for doctors in hospital settings“, which we see on page 28. This part has a reference to “The doctor’s actual total ‘new contract’ pay at appointment to the first post and subsequently at appointment to each new post under these TCS will be calculated as per the provisions of Schedule 2 of these TCS” I cannot state whether this is fair or unfair. Yet there is one given, there is no mention of gender here. I have seen how Emma Watson gave her speech at the UN (I am completely in support of this), yet when we see equality, for me it means on all fronts. This also implies that you do not get to have a career and be a mother. You see, in that same view, nearly every man worked every day (and sometimes nights) and did not get to be a father, they merely became the provider of the family. We have to accept that, because the rent and the food must be paid for, in that same light women will have to face that too. So, they do not get to complain that as a single mother there are debilitations. So is this what the Department of Health claims to be, a ‘level playing field’, or is there another side? You see, Dr Roshana Mehdian did not convince me of her side with: ‘when childcare costs are spiralling and access to out-of-hours childcare is limited’, in that same light, it took two to tango, so why is the child not with the father? If there is true gender equality that question is fair and valid. Of course, reality tends to be not in equal measure and we would accept that, but in all this when we see the pressures in the medical profession, it makes sense that having an equal weight responsibility means that in the medical and legal profession, having a child will impact your value on that market, merely because your head was not in the game, for 15 hours it was with your own bundle of joy. That premise is valid, it will make massive sense for some to start a family, but in equal measure it means that it will either cost you a family or a career. We have come to the stage that both is no longer an option, especially as a single parent. From my personal viewpoint, raising a child is a career all in itself. Now answer the following question honestly: “How can you have two careers and do right by both?”

An answer not easily given, because it is not an easy question!

What is a matter of concern is that the political parties (on both isles) have taken certain stances, both are debatable and both have had little options and the shortage that was strangled upon these parties is equally a problem. By trying to maintain a medical elite in the UK, the balance shifted. You see, when we consider the Social structure within the United Kingdom as it was, where the upper class included the barristers, judges, dentists and doctors, yet were also in the middle class. We see a shift after WW2, so those who were in the high field tried to keep themselves and their family in that higher echelon, therefor rejecting fiercely a foreign infusion of highly needed talented workforce. After WW2 this became a shift towards a services-dominated economy with additional mass immigration. The medical profession, due to unrealistic standards saw their workforce diminish over the last 10 years giving us the issues we see nowadays. Consider the following response “I wrote my exam on 12 Dec 2015 and got my result 24 Dec 2015. I promptly went online and started the application and 2 days later I got the Pearson Vue testing reference number and booked and paid $280 for the computer based Test of Competency. I could have sat this next week but I chose to sit it on 2 Feb to give myself more time to practise as I can’t afford to fail. So far the process has been really smooth and quick“, another voice was a lot less positive, but there could have been a clear issue of timing involved. Overall the issue remains that by making a transfer of knowledge so hard, especially as some applicants have degrees in Commonwealth nations, it seems to me that some players are trying to dampen the influx of foreign talent, which is just my personal view in all this.

This path could have been smoothened out by the politicians a long time ago, but it seems that schooling and re-schooling nurses does not sound as sexy as a new innovative IT system (which didn’t work anyway). Last I get to that list of 4. The first one is old news now, but 11 billion is a lot to lose and it has to come from somewhere. The second one is one that can be dealt with. If the patient misses two appointments, they can either pay a penalty fee for not cancelling in time. Cancelling an appointment is just a phone call away. If you forgot it, there is a fair assumption that there was not a pressing medical need (I know the ice of that statement is very thin). In all this we must realise that doctors work ungodly hours, so steering clear from giving them additional pressures seems to be a given first. A task at which, as I personally see it, Jeremy Hunt failed miserably at present. The third in my list is the one I would give A&E a pass for. My reasoning is that the skewed scale that A&E works with has not been properly adjusted for growth in patients and stagnating staff numbers. We get these numbers from http://www.parliament.uk/briefing-papers/sn06964.pdf, where we can see in the introduction and the summary that the title ‘Accident and Emergency Statistics‘ is ever so slightly misleading. I wonder what Carl Baker had in mind with this paper and what purpose it serves. It seems to ‘focus’ on the +4 hour people way too much. The one summary number that does matter is ‘There were 4.0 million emergency admissions to hospital via A&E in 2014/15 – up 4.8% on the previous year’, which only paints a partial picture. You see, ‘Chart 2: Annual A&E attendance, England, 2004-2015‘ seems to tell the story, but other ways could have been more explicit to deal with the issue. Over a period of 10 years, the attendance of the minor injury units nearly doubled. Yes it doubled! The major injury unit also rose, but not by a large part, although, from just over 13 million to close to 15 million is still a growth that is not to be ignored. This report ‘writes it off’ as a mere 10%, which still amounts to 1.4 million additions. Yet in all this staffing levels are not addressed at all, leaving this ‘work’ with some uneasy questions. What I like the most is the disclaimer at the end. “This information is provided to Members of Parliament in support of their parliamentary duties. It is a general briefing only and should not be relied on as a substitute for specific advice. The House of Commons or the author(s) shall not be liable for any errors or omissions, or for any loss or damage of any kind arising from its use, and may remove, vary or amend any information at any time without prior notice”

So how does staffing levels in answer to 4 hour waiting times not assist? From this I must question what the Rt Hon Jeremy Hunt MP had in mind with this writing? From my point of view, a bad paper does not make the NHS look bad, it makes the Secretary of State for Health look bad not less good than he should look, especially as he should be fighting for the plight of the members of the Department of health, a side I have yet to see at present. He has been called a lot worse by many, it seems unproductive to go that way. What is matter of urgency is the fact that the Prime minister needs to ascertain if Mr Hunt is the right person in the right place and if not, he needs to get someone there that will take the side of the doctors and fast, because at present they do have the power to let it all collapse, and woe be onto the administration that is governing when that happens.

 

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March 12, 2016 · 12:53

A dangerous sense of humour

On one side, we need to laugh every so often, laughter is good for the soul they say, yet, when the press and the media get involved in this situation, there is a real danger where they can actually make things worse. This has been proven on several occasions in the past, in several nations. You see, I agree, Conan was funny, introducing Adolf Hitler (Sarah Silverman) was hilarious and it was comedy. Nobody denies this! The issue is that it is also dangerous. The people are angry and they are not in the mood to trust anyone. Now here comes the loudmouthing blunt Trump. We see the thoughts of the American public like it is a cartoon text balloon. ‘He, doesn’t need the money‘, ‘he is already a success‘, ‘perhaps he figured it out‘, ‘what do those wannabe’s know?’ It is the last thought in all of this. Libertarians who threw the people to the wolves for high moral plans no one could afford, at the same time Wall-Street keeps on doing what it is doing with no accountability in sight. There are racial issues, there are inequality issues. The people are very angry and people like Conan know that, they hope that with a laugh and a smile it will go away. It is too late for that, the comedians will need to get serious for a while, if not, they end up having to deal with 4-8 years of Donald, not the Duck, the Trump and the fallout that follows!

You see, as a comedy there is a moment in Mel Brook’s ‘History of the world, part 1’ where we see the Roman senate, they are offered a question their response ‘Fuck the poor!’. To which we hear. ‘Excellent, now let’s get back to business’. That is exactly where America, Greece and many European nations are. I remain a little in doubt as to the drive of Japan, because I know too little there. The people are seeing their futures evaporate, their pensions will soon be lost and those who have no rainy day solution will work until they die.

That has become the reality of today and the people are, as I said before very very angry.

In the Netherlands we see a repeat of a different nature. I remember this the first time around, as I was there. In those days, an ultra-right wing bigot called ‘Janmaat’ was the problem. In those days clever politicians decided to ignore him completely, which I thought was a mistake, even as he was a loon to say the least. And I was proven right at the following elections he actually got three seats in a place called Schiedam. He actually ended up with a seat at the table. Now, as he was too extreme and outspoken lacking constraint and thought. He was for all intent and purposes the Dutch version of Jean-Marie Le Pen. Geert Wilder is another matter, like Marine Le Pen he is a lot more intelligent, which now gives us another problem as we see the issues escalate. When we see the Irish Times (at http://www.irishtimes.com/news/world/europe/rhetoric-against-geert-wilders-ratchets-up-in-the-netherlands-1.2531503), you could see this as an open and shut case. But it is not. The quote “Right-wing politician Geert Wilders has been described as “a threat to democracy and the rule of law” in the Netherlands after calling for “resistance” to the establishment of refugee centres to house migrants from Iraq and Syria“, the issue is not the quote, it is the context. Even as we see “The condemnation by the chairman of the Labour Party, Hans Spekman, came as a new survey showed that hundreds of local councillors are considering giving up politics because of credible physical threats against themselves and their families“.

The context is not given. Elsevier gives us: “De PVV heeft volgens velen grote invloed. PVV-oprichter en partijleider Geert Wilders gooit, zoals premier Mark Rutte (VVD) zei, geregeld een stuk ‘rood vlees in de arena’, waarna iedereen daarop duikt. Meestal leiden zijn uitspraken over immigratie, de islam, de Europese Unie en de elites tot ophef. Afgezien van dat verbale theater zijn de resultaten van tien jaar PVV des­ondanks bescheiden“, “{translated} According to many, the PVV has a lot of influence, Prime Minister Rutte states: Geert Wilders throws a piece of red meat into the arena, and everyone is going for it. Often enough the quotes are related to immigration, Islam, the EEC and the elite. Beyond that the results of 10 years of PVV presence is modest“. Here is the issue and the context. It is trivialisation. Consider the quote “local councilors are considering giving up politics because of credible physical threats against themselves and their families“, you see Geert Wilders did not do that. He has been clearly quoted as the person stating the need for non-violent non-compliance. Which is pretty much what Ghandi did. The people of the Netherlands are angry because life in the Netherlands is less and less affordable, housing, food, the prices keep on going up. Let’s not forget that the Dutch National population density is pretty close to that of London. Just in case you did not fathom that. The NATIONAL density of that nation approaches the density of the city of London. The politicians are playing with funds they do not have, budgets they cannot keep and now, they add more and more refugees. It is a commendable approach, but elected officials are still only elected by the people and the people are less and less agreeable with the decision made. Geert Wilders sees this and is playing those cards intensely. So as we see places like ‘The Post’ (http://tpo.nl/) are trivialising him and stating how he missed the boat. They are in equal denial on how much support the current political parties have lost at present. We see other statements by the Post on how PVV members are lowly educated and how they do not comprehend statistics. Well, that might not be incorrect, but the Post or better stated the people there have very likely read ‘How to lie with statistics’ and the people are realising how the numbers are no longer reliable.

The Dutch version of the Financial Times (at http://fd.nl/economie-politiek/1134584/pvv-naar-41-zetels-in-peiling-maurice-de-hond) gives them a current ranking of 41 seats, the fourth party ever to surpass 40 seats. Two of his contenders, those who usually are much higher than the PVV was are now on 18 and 19 seats (which might have been a typo by the Financial Times), implying that the PVV is now larger than the both of them. An achievement that even I never considered to be realistically possible. Now we get additional news from POW Ned (at http://www.powned.tv/nieuws/politiek/2016/02/syrische_oorlogsmisdadigers_mo.html), now I cannot vouch for the quality and reliability of that news, but consider that they stated 2 weeks ago that Syrian war criminals are currently in the Netherlands. They are not the only source stating this, some more renowned papers are giving similar statements, that those criminals, if applying for refugee status could not be removed from the Netherlands (source: Elsevier), if so, the Dutch people are likely to show a lot more anger soon enough, this is part of the danger that Dutch trivialisation is giving them, because the angry people (the numbers are growing daily) are siding with Geert Wilders, even though they are not in full agreement of his agenda and his voice, but the other parties have ignored the voice of the people for so long that they have had enough, which is part of the reason why many local politicians feel threatened. You see, they were there to fight for their constituents, not to dance to big business and the needs of a community that deserted them. If we accept that Humour is a moderator of compassion fatigue (see: Carmen C. Moran), we can get to the side that the higher the fatigue, the more direct the humour needs to be (the Adolf Silverman sketch, or was that Adolf Trump?), Kuhlman in 1988 gave us the premise that humour can be a bonding agent amongst colleagues as an emotional language, yet this is an environment of like-minded persons. That is not the case with the American people, and as such Humour is the trivialisation that no longer seems to work, it actually becomes the accelerant fuelling the American anger (to some extent). The same path is what the Dutch parties face with the PVV, like Janmaat, it would be great for them if Geert Wilders unqualified himself through his voice, but Geert Wilders is intelligent enough, not to be that extreme.

The growth of far right wing parties is what makes humour a dangerous tool to use, because the voters are either not getting it, or they no longer care who comes into power, as long as it is not the ‘current’ party. That makes for an unbalanced and dangerous escalation. As we see that Marine Le Pen is still the party to observe in the upcoming elections, the growth of the PVV and now the headway that German AfD (Alternativ fur Deutchland) is making, gives all the players several worries, more than ever before. Even as Italian Matteo Salvini with Lega Nord is unlikely to be the growing favourite, a wrong sense of humour in Italy could change that to some extent, yet I reckon not enough, which might make some people rejoice. What is a given is that the European map will soon starts to get  a major overhaul, the extent of the overhaul will remain a mystery until the election dust settles, at which time an entirely new sense of humour will be required.

Will this affect the UK? That is actually an uncertainty, you see Brexit will make part of that determination, yet in equal measure how David Cameron now deals with Turkey is going to be centre in all this, especially the next elections. Nigel Farage has already spoken out against Turkey and in all honesty, I am not sure if he is wrong. The European players have been too lenient on Turkey and too lenient of the acts of Turkey as a whole, which implies that any soft catering towards Turkeys goals, especially as people start to realise that the Greek mess (regarding refugees) is largely DUE TO Turkey, any non-firm stance by Prime Minister David Cameron and The Right Honourable Philip Hammond regarding Turkey will hurt the Conservative numbers, of that I am utterly convinced. This poses an interesting place for UKIP, as they have not had such an advantage before. There is no clear way to tell how those dice will fall. Those elements will get an additional levy when we consider that Nigel Farage will be in the Netherlands 2 days (next month) before the referendum on the ‘EU’s treaty of association with Ukraine‘. By some this treaty is seen as a general feel on the EU as a whole, with one difference. Dutch News quoted Nigel Farage with “If you win in your referendum, my goodness me, that will help in Britain too“, which seems to be correct, the Ukrainian situation is an unstable one and Nigel can get votes no matter how that referendum goes. It is quite literal ‘damned if you do and damned if you do not’, these are easy points to pick up for Nigel and that impacts Geert Wilders too, although he would need a clear win here. The political map is shifting for a multitude of reasons, but let there be no mistake. The Greek economy started this, the power players desperate for their ‘Status Quo’ only added fuel to the fire and now they are for the most out of the game, making threats on how people are losing out and that story became stale and no one believes it any more (the voting population at large), the players relied on a dangerous sense of humour and they are about to lose in three nations no less.

Any opposition towards the far right needs to get serious and remain so, even at social events for some time to come.

 

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February 26, 2016 · 21:52

Within the Entitlement of Relevance

Very early this morning an article made it into the Guardian. The title ‘David Cameron boasts of ‘brilliant’ UK arms exports to Saudi Arabia‘, (at http://www.theguardian.com/world/2016/feb/25/david-cameron-brilliant-uk-arms-exports-saudi-arabia-bae), which is fair enough. The UK is one of those nations that actually has an arms export option. It is nowhere near the size of the US, but that is not the point here.

When we read: “on the day the European parliament voted for an arms embargo on the country over its bombardment of Yemen“, we should be asking: ‘and why do we care about that?‘, yet this is not the case. We see both “At almost the same time, the European parliament voted in favour of an EU-wide ban on arms being sold to Saudi Arabia in protest at its heavy aerial bombing of Yemen, which has been condemned by the UN” as well as “The vote does not force EU member states to comply but it increases pressure on national governments to re-examine their relationships with Riyadh“. Which is a joke of sizeable proportions (reasoning will follow). Finally we see: “The Labour party leader, Jeremy Corbyn, has been extremely critical of Cameron’s relationship with Saudi Arabia because of its human rights record, prompting an angry response from Riyadh“, which could be seen as a humorous climax in labour less form.

We need to deal with the quotes so that it all makes sense to you, but there is one more element in that story. That we see from: “Oliver Sprague, Amnesty International UK’s arms controls director, said: “The ‘brilliant things’ that David Cameron says BAE sells include massive amounts of weaponry for the Saudi Arabia military, despite Saudi Arabia’s dreadful record in Yemen“. I needed to add this to all this, because there is the start.

You see, I am on the fence here. I will happily support Amnesty International, because for the most it is a force of good. When I see the title ‘UK’s arms controls director‘ I wonder if AI lost the plot a little. Let’s be clear here. It makes sense that AI has people on the payroll who understand weapons, understands mines, chemical ordnance. That makes perfect sense. AI is in need of knowledge on many levels and plenty of their work is in places where people tend to passionately not like each other (as in: with clubs, machetes and automatic weapons). Yet, when AI is wasting time on a valid business deal, we should ask a few additional questions. Now, we should quickly mention another side. At https://www.amnesty.org.uk/press-releases/amnesty-expert-barred-london-arms-fair, we see ‘Amnesty expert barred from London arms fair‘ as well as his quote “They’ve kept me out, but the question is: what has DSEi got to hide?” Let me answer that instead of the DSEi. You see, I could with my own expertise attend that event, and like him, I will equally hear “alas sir, you didn’t meet the criteria for registration“, even though there should be a few around in that field who know my skill levels in that regard. It is not skill or expertise, you see, it is about CLEARANCE LEVELS. These events are frequented by a massive who’s who of unregistered events, with a decent amount of government employees who need to talk shop, having non-cleared people on that fair tends to be a little unsettling for several reasons. In part because this world has its own rules, you obey those rules or you stop functioning in that world. There is every chance that I could accidently make the mistake whilst Oliver Sprague would intentionally do these things. Most of these people shy away from cameras (apart from those special social functions), they are there to talk shop!

You see, I have every respect for Amnesty International, they have done many good things in the past and will continue this in the future. For example stop torture makes perfect sense. There is also a questionable part from AI, it is nice to talk about the Human Rights Act, yet in the decades they have never succeeded in championing the need to add Spousal Abuse to article 3 of that HRA. Is spousal abuse not torture in its own rights? In that regard AI likes to be very visible, but in some way the big fights are never really fought (or better stated have not been fought for a long time). They have shown success stories every year, but landmark achievements have been absent for some time. Let’s get back to the initial story, but do not forget this part as it has bearing.

You see, the next part is slightly more entertaining. That tends to be the case whenever the honourable Jeremy Corbyn gets involved. Apart from the fashion comments we have seen in the last two days. The actual issue is his choice to get to the CND-rally, which is not a bad thing, but in light of timing, he decides to walk away from the national Labour campaign day, where he would be persuading voters to back Britain’s membership of the EU. This leaves to mind, is this a first inkling that even labour expects Brexit to become a reality? Whether that is true or not, this event has a direct bearing on the British population within this year, the CND rally has been going on for decades, so there would be another one next year. There is no other story beyond that. When you lead the labour party, it must be about the party, not about temporary ideology, because the CND is temporary at best and all ideological. I state that because there is no doubt that the UK would never instigate it, it would however respond if need be. Jeremy knows this (or he should not run the labour party). In all this I accept and understand that this is an option to rub elbows with people like SNP leader Nicola Sturgeon, Plaid Cymru’s Leanne Wood and Caroline Lucas of the Green Party. Yes, those meetings make perfect sense, yet that means that none of them are really there for a CND rally. That is not an accusation, it is not wrong, but it leads to questions; questions that can slow down any election for a massive amount.

Two events all with issues of relevance, relevance from within those people from their point of view.

Now we take another gander, a gander towards the path of Saudi Arabia. Most people refuse to understand (read: accept) two elements. The first is that Saudi Arabia is a sovereign nation, a nation founded in 1932 by the House of Saud. The most important part here is that this is a Muslim nation, it is a nation of laws, in their case it was the Consultative Assembly of Saudi Arabia in 1924 when King Abdul-Aziz made Shura a foundation of his government in order to fulfil the divine order by applying Shariah (Islamic Jurisprudence) and Shura as parts of it. So, we have a clear given, a monarchy that lives by Muslim rule of law, Shariah law. We might not comprehend, understand it or even accept it. But in the Nation of Saudi Arabia it has forever been law. I still do not understand how people go about trying to enforce their rules upon others. You see, when I hear these ‘moralists’ speak on how Sharia Law is so ‘barbaric’, they in equal measure forget that their own governments abandoned them as markets collapsed twice since 2004, no decent part of the involved parties went to prison and absolutely no laws were properly instigated and enforced against greed and in that regard, the least said about flawed corporate tax laws the better. In light of all this consider another fact that applies to the Consultative Assembly of Saudi Arabia, the previous assembly had 70% of its members with a PhD, 49% got their degree in the US and 20% from a University in Europe. So this is a group highly educated. Initially, going back to the beginning, the council was entrusted with drafting the basic laws for the administration of the country. Which is interesting as the US started in a similar way, a nation of laws under god (their Christian version). When we see the Shura council, we see in Article one “and following His Messenger Peace Be Upon Him (PBUH) in consulting his Companions, and urging the (Muslim) Nation to engage in consultation. The Shura council shall be established to exercise the tasks entrusted to it, according to this Law and the Basic Law of Governance while adhering to Quran and the Path (Sunnah) of his Messenger (PBUH), maintaining brotherly ties and cooperating unto righteousness and piety“, so as others judge the actions of Saudi Arabia, ask yourself, in the last 5 years alone, how many instances from large corporations and government have we seen, where ‘maintaining brotherly ties and cooperating unto righteousness and piety‘ were never part of any consideration? You only have to look at your pension plan, healthcare or deficits to see that ‘brotherly‘ is nowhere to be found.

This too is relevant to the entirety of the situation when we return to the honourable Jeremy Corbyn. Several sources stated “Jeremy Corbyn has called on David Cameron to suspend arms sales to Saudi Arabia after a United Nations report found the Saudi-led coalition in Yemen had “conducted airstrikes targeting civilians”“, based on what evidence would be my first question (not stating the validity of the UN), apart from that, Corbyn has a direct responsibility, you see, the UK had coffers that need to be filled, the UK has product that can be sold. We have seen how UK Labour was willing to spend money they never had, leaving the UK in massive debt. The last thing he should do is call for a suspension. Let me explain that part.

  1. This arms deal is not with some organisation like Hezbollah, it is a legitimate sovereign government of an established nation. The UK has every right to sell products to this nation.
  2. Whenever the west gets directly involved in any Middle Eastern event, it becomes a massive mess, in all this after half a decade, the west has done next to nothing regarding Syria, Europe has to deal with massive waves of refugees and there is no end in sight. Amnesty International knows this. They also know that Sharia Law is another matter, it is not for them to judge; it is for them to accept that the sovereign nation of Saudi Arabia has every right to keep their own set of laws.
  3. Hezbollah and other players in Yemen are not part of an established government, they overthrew governments and the mess that followed has been ongoing ever since. In that light, there are too many question marks in too many places.

I believe that any Middle Eastern issue should be resolved by the Middle Eastern nations themselves. With escalation on the south border and firing of missiles into Saudi Arabia, they have every rights to protect themselves in any way they need to. That is also part of the equation. In that regard Islam 101 gives us two parts “Fight against those who fight against you in the way of Allah, but do not transgress, for Allah does not love transgressors” as well as “Kill them whenever you confront them and drive them out from where they drove you out. (For though killing is sinful) wrongful persecution is even worse than killing. Do not fight against them near the Holy Mosque unless they fight against you; but if they fight against you kill them, for that is the reward of such unbelievers“. The next part is also from the Quran, but I am not sure whether this is Sharia: “The Quran sanctions violence to counter violence. If one studies history of Arab tribes before Islam and fierce fighting they indulged in one would be convinced that the philosophy of passive resistance would not have worked in that environment“. This is the kicker, we see that passive resistance was not a solution, because of the mess that Arab spring left the Middle East. In that Saudi Arabia has a right to counter its attacks, which means that we do not get to say too much on how a sovereign state defends itself. In addition, with the amount of ‘additional’ groups in Yemen, can we be certain who is who there?

But do not fear, Smith is here!

You see, I am very willing to join BAE and become ‘the’ sales person there (I know a person who would join me, so a team of 2 could be achieved), I will take a decent sales income and of course the 3.75% bonus on surplus sales and 3.25% bonus on sales targets reached. I reckon that I can sell the Eurofighter Typhoon military planes, with consultancy, training and guidance. In addition, I will be happy to provide for ammunition and ordnance. As stated, we Commonwealth nations need to stick together and I am happy to aid in the support and consultancy of those jets.

This now gets us to the final part ‘an arms embargo on the country over its bombardment of Yemen‘. What data is there? What evidence is there? We know for a fact that Hezbollah is there, that the Iranians are all over this, which is interesting as they are supporting the party overthrowing the legitimate government. So is there more? Is this perhaps an organised annexing of Yemen for Iran? The elements that gives value to that are indeed in play, whether this is a factual interpretation is not clear, too much data is not available to me, as well as too much time has passed from the start of all this.

And the final part in all this is “The vote does not force EU member states to comply“, which makes the EU a lame duck organisation. All that time and all these events for something that holds no real value. Now let’s take the headcount for a second. Oliver Sprague, a civilian with no political power, a person who leads by instigating those who have power and only in events where it is beneficial to those people could something possibly happen (not in this case though). Jeremy Corbyn, a political headpiece, but not one that is currently in office, he is merely in opposition and as such he is about visibility and branding himself (politically plugging is also a term that applies in this case). These two non-deciders are opposing a nation that needs commerce that needs to export as many of their products as possible.

In the defence of the two non-deciders I must add, from our values, we might have issues and it is nice that the UN is also about values, yet in all this, apart from condemnation there has been very little against terrorist elements. Of all the condemnations we have seen since Syria has a little issue in 2011, how much actions have been taken and for how many millions of Syrians has it been too late? Too many speakers for inactions, too little actions on economy and actual actions on the HRA (like the little addendum to article three I mentioned earlier).

So within the title of relevance seems to apply to too many people, it includes me as well, for the mere reason that my blog has no effect on the actions of the UK Foreign Office. It is just my view on the matter, like it was the view of Oliver Sprague, Jeremy Corbyn and the EU parliament. We are all simply non-deciders. The deciders are the currently elected UK government headed by David Cameron as well as the Monarchy of Saudi Arabia, under King Salman bin Abdulaziz Al Saud. They both get to look at the ‘toothless’ response from the EU parliament, who might be entering their final sitting soon enough.

Our voices might sound nice, our words might read nice, but neither bring food to the table, which is the concern of the Conservative Party, one that they are actually addressing.

 

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February 7, 2016 · 21:41

We do not Care Bears

Today, or better stated, the last few days have seen a wave of articles going on, many form newspapers and several from every source possible. Mostly the message is that Brexit will cost the people. Messages like a prospectus for sale issued by the financial trading business stating “a UK exit from the EU could impact the group’s profits“, which is interesting when we consider the fact that it also states “Following the UK general election in May 2015, the UK government has committed to hold a referendum by the end of 2017 on whether the UK will remain in the EU“, which is interesting, because is that referendum not being held in 2016? Some sources stated “A deal in March could mean a September 2016 referendum“, but overall the date is a little in the wind, almost like the independence of Scotland one might state. Yet the people have had enough, Prime Minister David Cameron is very aware of it, and like François Hollande, he has his own Waterloo to deal with, in the case of Merry Old England it is UKIP. In that the Isle of Man courier had an interesting article yesterday. ‘Nigel Farage demands ‘I want my country back’ at Grassroots Out rally’ (at http://www.iomtoday.co.im/news/regional/nigel-farage-demands-i-want-my-country-back-at-grassroots-out-rally-1-7719267), which is what the British constituents want. It is what the Conservative party is trying to deliver, but the painting is not that clear. You see, the British people are ignoring a massive part in all this, yet they no longer care. Politicians on several paths are directly responsible of ignoring an angry mob.

You see, Greece is the cause of much of this, but so is the EEC and the IMF. The quote “Can we kick out the people who make the decisions for us? Can we have that fundamental privilege to govern ourselves?” is linked, it is also linked to Greece. In all this too much money is going to Greece, in addition (at http://www.businessinsider.com/tempers-flaring-up-again-in-greece-2016-2) we see that more and more protests are going on all over Greece, making their GDP shrink even more, their appeal as a nation shrink more and more. Yet the Business insider is making an interesting claim. “Prime Minister Alexis Tsipras is stuck between either pushing the reforms through to appease international creditors, or attracting the wrath of thousands of Greeks“, which is odd as they are one and the same. You see, either the creditors get pleased, if not the Greeks are pleased, so either no money and no functioning government, or raging Greeks and money in the bank. Yet, weirdly enough, the second option will forever remain a temporary solution that leads to a dead end.

You see, the parts that are central in this is legislation. In 2015 the EU has passed laws on Data Protection, GMO food laws, a Net neutrality law that reads like an episode of the Comedy Capers, yet the issue of expelling irresponsible governments, an issue visible for 5 years has not been touched. So far, the press and political parties at large refuses to acknowledge ‘Withdrawal and expulsion from the EU and EMU‘ by Phoebus Athanassiou. The fact that the ECB put its logo on that one gives it credibility (at https://lawlordtobe.com/wp-content/uploads/2015/07/ecblwp10.pdf). So that part is still not dealt with and it is making the blood of Brits boil. Not because the Greeks are in a bad place, they are angry for the mere reason that money keeps on getting pumped into all that and the people behind it walked away with plenty coin, they are not held accountable in any way and the Europeans at large are no longer willing to pay for it as they see their quality of life go into the sewers. Personally I feel that my conservative party has not done its share to acknowledge that at all!

This is what is fuelling the progress for both Nigel Farage and Marine Le Pen. So when we see the title ‘Warning from Europe: you can’t always get what you want‘ (at http://www.theguardian.com/politics/2015/jun/07/europeans-warn-david-cameron-eu-exit-would-cost-britain-world-status), we see in equal measure that those people making the statement are equally unable (read: too weak) to hold Greece to account, again a greed driven status quo that is going nowhere fast, which implies that the speakers have other interests. You see, the article reads nice, but again, there are sides we have to deal with. You see one side is that in the UK no one knows who Rafal Trzaskowski is, for the most, nobody cares who he is! Now, for the Poles, they care, Rafal Trzaskowski has grown Poland’s GDP by 25% and that sounds like an achievement (it actually is), but for others, Poland was never much more than a simple blip on the radar. Now, Poland counts, but do they? You see, when we see the quote “If Britain says ‘I don’t like the working time directive, I need an opt-out; I don’t like provisions on tobacco because they hamper my sovereignty, I want an opt-out’, it is not going to happen“, which is less of an issue. The issue has been Greece and a few other players and no one is holding Greece to account that is for many people the issue that matters. In all this the UK and Germany have options that could work if the belt is tightened by a lot and without what can be construed as: ‘the political population within the EEC shores spending money they do not have‘, that is where the wagon goes off the rails! So, yes, we can acknowledge that Rafal Trzaskowski matters for his nation and for the mission of his nation, no one will deny that. Yet in all this, it is about the British side and the people are largely fed up with the flaccid actions of the EEC, those who are in charge have painted themselves in a corner and large chunks of nations in the UK, France and Italy do not care for the colour they used. As per today, Paul Goodman reported on Conservative Home (at http://www.conservativehome.com/thetorydiary/2016/02/party-members-give-camerons-renegotiation-an-unequivocal-thumbs-down-in-our-survey-over-two-thirds-likely-to-back-brexit.html) that the conservative party members have shifted in a massive way. Over 65% are now likely to back Brexit. Add the Farage group to that and Brexit now seems a certainty. I wrote about this risk on May 22nd 2015, so almost a year ago. The press was so in ‘denial mode’ happily publishing threatening articles that involved Paul Kahn, the Airbus UK chief as well as several banks, with the HSBC amongst them (at https://lawlordtobe.com/2015/05/22/is-it-all-greek-to-you-2/), what does differ is that I had not anticipated the Conservative wave to be as strong as it is now. I feel that the realisation I learned later that Grexit could never be enforced is part of all this, and if self-inflicted expulsion is the only option, it seems that a massive part of the UK (and a growing slice of France and Italy) are now on the ‘let’s get out before it is too late‘ horse.

We know and no one denies that the UK has debt issues, but they are working through them and whilst more and more money has to go to the places that cannot hold their budget, that part needs to stop and in the last 3-5 years no clear legislation has been erected to stop that, whilst we see that a new week with more funds for Greece are needed. The UK is not the only one that thinks that the Greeks should be held to account and yanking them out of the Euro no less than 2 years ago would have been an optional solution, now that this proverbial ship has sailed, the people are looking for another solution, whilst the EEC and the IMF are pushing for a business as usual approach. Too many people in both the UK and France are no longer seeing that as any form of solution. A mere legality that could have stopped this upcoming train wreck is now out of control and the people want actual change, change that keeps them with options. Given that the refugee situation does not help, but in that case there is no blame, not for Greece and not for the refugees, but they are draining resources all over Europe, resources that were already at a low. Again no blame there, because these things happen, yet the EEC need not have happened, especially the Greek scenario, so the people, scared and in a bad place for a longer time is now pushing for any solution. A game that is so far playing nicely to both Farage and Le Pen.

So, this is not ‘news’, even if the news states it is. I have mentioned these elements a few times, long before the press caught on, what is now interesting is that the two initial parties are fuelling part of Europe, something that was until recently not a reality. Politico (at http://www.politico.eu/article/far-right-chance-europe-stumbles-crisis-euroskeptics-le-pen-enf-wilders/) gives us “In Austria, Heinz-Christian Strache’s FPÖ won 31 percent of the vote in a city election last October in Vienna, putting it in second place in a historic stronghold of the Social Democrats“, there is no doubt that the FPÖ would gain traction, but this amount is really unexpected, which is now giving additional fuel to the power of Matteo Salvini. All this because greed driven organisations wanted their status quo, they are very likely to see the hefty invoice of that mistake.

So, should the UK lead in all this starting Brexit? To be honest, I am uncertain how this is to be avoided. Those in power (especially in France) are on their way out, that part is a given, the only question becomes, who will replace François Hollande, that part is not a given, yet whomever it becomes, if Brexit did push through, France will not have any options other than uniting with Germany and Italy, hoping they survive, that is, unless Germany sees the danger of Frexit to become too realistic, they might want to get out before it hits them. In addition, because the Italian elections are not until 2018, Italy will be in the hottest of seats, which gives Salvini the least options should Matteo Renzi and/or Beppe Grillo call for the Italian exit. The last part is only a reality if both Brexit and Frexit happen, in the latter case either Frexit or the departure of Germany from the Euro could spark it, but Brexit alone will not do that.

Again it all starts with the UK, England will lead, but in what direction?

This gets us back to the conservative survey, which gives us “This suggests that, in numerical terms, the Prime Minister’s renegotiation has made no difference whatsoever to the views of Party members and that, in political terms, it has received an unequivocal thumbs-down“, this is perhaps a first that the UK is overwhelmingly controlled (read: voters) by the ‘we do not care bears‘. The people have seen so much quality of life slip away that a united Europe is a curse and not a blessing and in my personal opinion, it was all due to Greece and the need for the status quo to those profiting from it all.

 

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February 4, 2016 · 23:21

Intimidating the Euro

There have been several issues in the past, some we seem to embrace as ‘dangerous’ towards the survival of the Euro, some less so. There has been a detectable increase (including from myself) into the events as they are occurring. Yet, any nation, has forever had moments of bad news, so why are we so eager to predict the downfall of a united coin?

You see, we all agree that there will be good times and times that are less so, yet in all this a level head should prevail. This means that there is balance. Nations tend to float their coin when things are poor and as decent times return, that floatation option dissipates. As nations were balanced, these waves still happen, but they were less extreme. Which meant that there were currency cycles, which is not a mystery!

So when the Euro came, a stronger more balanced currency became the global player, with a few ‘visionaries’ claiming that this is the haven of all currency. In that regard, let’s take a look at Rasul Shams (at http://ageconsearch.umn.edu/bitstream/26228/1/dp050321.pdf), a discussion paper from 2005. Here we see “One of the basic statement of a full developed theory of world money is that the world economy exhibits a specific structure, which is changing through time and that the world money adjusts to these specific characteristics of the world economy and underlies therefore itself large-scale changes in the long run. To understand the development of the world money and any long-range modification in its manifestation through time one has therefore first to study the dynamic stability of the world economy” (page 6). On Page 14 we get “Kenen (2002) and McKinnon (2002), both looking on the use of Euro in trading, bond issues, bank liabilities and official reserves, appreciate the strong role of Euro as an international currency but do not believe, it could be in a position to displace the central role of the Dollar. McKinnon refers to the reinforced Dollar standard by the ongoing price stability in the United States as the main reasons why the Dollar supremacy will continue“. In addition we see “Hartmann and Issing 2002; Huismann, Meesters and Oort 2000; Beckmann, Born and Kösters 2002), looking at the evolving international role of the Euro come to the conclusion that the Euro has indeed a great potential to expand further its international role but that this will be a long run process, not to be realised in the near future“. Now we get the first issue.

You see, certain players behind the screens must have made certain events happen to flow the Euro against the dollar as the 2004 crash became a reality. Now consider that the initial European Exchange Rate Mechanism (ERM) was introduced somewhere before 1980 to reduce exchange rate variability and achieve monetary stability in Europe. In that system the currencies were still floated to the minimalistic degree, depending on the local economy. So when the Euro became the coin, that game changed. Suddenly nations lost their personal flotilla device. Now for the larger economies like France, Germany and the United Kingdom it was not that much of an issue. There was a degree of control. The UK had even more options as they remained to keep a sterling position. The other players were however in a less favourable position. They now had other issues to deal with. As those nations all got an interesting credit card, we saw a growing problem. Greece and Ireland being the larger problems, but in no way the most deadly of them. That part must be reserved to Italy and France. The EEC has a total ‘national’ debt of well over 12.5 trillion. With 50% of that debt belonging to Germany, France and Italy. Germany was until recently safe, because their economy was decent and their unemployment rate was below 5%, this is now changing through several parts. The Germans have many sides to their economy, yet when we read that the Deutsche Bank posted a €6.8 billion loss in 2015, thanks to a €12 billion write-down linked to litigation charges and restructuring costs, and it set aside more to cover any potential litigation (at Read more: http://www.afr.com/markets/deutsche-banks-troubles-unmask-bigger-risks-20160203-gmken9), we see new dark clouds. Apart from the DB shares going down to 10% of what they were before the financial crises, we must wonder what other effects are in place. Here is part of the problem. We can state on one side that one hiccup like that should not be a worry, but the economy in Germany is having a slow start. In addition as other nations are showing a slowing need for Deutsche Grundlichkeit, they are looking for alternative providers, cheaper providers, which is a given. Now add the VW scandal, which pushes down Covestro. All parts of multi Billion Euro sided Bayer. Now for a history lesson (at http://www.press.bayer.com/baynews/baynews.nsf/id/Bayer-MaterialScience-to-be-called-Covestro), which gives us “Bayer intends to float Covestro on the stock market by mid-2016 at the latest. The plan for Bayer Material Science to become a separate company was announced in September 2014” on one side, the timing is great for the board of directors who get to write off the losses from taxation and still get that 8 figure bonus. For the German government that is bad news on top of bad news. So as Germany was not a problem for the Euro, it is now a worry that is growing, growing by the day.

In all this I must now add that the national debt of Germany which represents one third of 50% now becomes an issue.

In addition, the hardship from France as it remains in a state of emergency. In addition, as too many people focus on the fact that the French Economy is moving ahead at 1.1%, which is a good achievement. Yet the unemployment rate is slowly creeping to 11%, in addition, the youth unemployment rate in France increased to 25.90, which means that the French hardship is still escalating. So as we see an economy growth of 1.1%, it is countered by ‘French unemployment rises by highest rate since 2013’ (at http://www.france24.com/en/20151126-french-unemployment-rises-highest-rate-2013), which will impact the French budget. In that regard so far (3 months later) no clear solutions have been presented by the current French government. In addition, the extremist and refugee issues are pressing more and more on the French morale, less and less acceptance is seen there. The French political landscape is still under attack, as the issues deepen, more and more people are starting to listen to Marine Le Pen, who is now seeking alliances with Italy’s Lega Nord, which also includes Geert Wilders from the Dutch PVV and Heinz-Christian Strache from the Austrian Freedom Party. These factors are important, for the simple reason that until 2 years ago Lega Nord was not even a blip on the radar of anyone who mattered in politics. That is no longer the case, more important, the stronger and the more united these right wing parties become, the bigger the collapse of the Euro. I would never have considered these parties to be anything bust extreme in chance. The inability of France’s François Hollande to get the economy to any degree on track is central here. The 1.1% melts away to -3% when we see the cost for France rise and rise. The plan for 500,000 vocational training schemes might sound nice, but that is not any guarantee to growth of economy, just an absolute guaranty to cost well over a billion, with more costs down the track. Italy is in a place not much better, even as both nations have products people want, the bulk of people are not buying the amount both governments need to see bought.

Now we see these elements as the UK has given the Brexit referendum to take place on June 23rd, which means that we are about to get flooded by propaganda from all sides, including newspapers on staying in, or moving out. The Guardian was quickly on board on how the environment would suffer (at http://www.theguardian.com/environment/2016/feb/03/brexit-would-return-britain-to-being-dirty-man-of-europe), whilst happily ignoring that a homeless person due to no job and no home has a worry with drowning in the rain and freezing solid in a park in winter. All these dangers because no one was willing to muzzle Greece, or bankers for that matter. So as we now see how Goldman Sachs is stating that Brexit could cost pound a 20% drop in value, should we remember those at Goldman Sachs that they are one of the responsible parties that got this entire economic mess started?

Now we get back to the continuation of the Euro issue as I saw it in the beginning. As we see how political parties are influencing events, the political element not seen is how political players have been spending others people money, without fear of persecution, prosecution or accountability. The mere inability of the European nations to keep a proper budget and to keep debts in check is a massive reason why right winged parties are now growing beyond anything. No one seems to be properly measuring data. As national data is inflated (read: weighted) we see optimistic news all over the place, whilst 90% of data and results should have been adjusted from the very beginning. So, we have one currency and all nations are floating the currency by inflating ‘predictions’ of their part of the economy, by the time that falls over, we see waves of managed bad news, yet the currency was from that point onwards never in a proper state, it has not been in that place for a long long time.

Now, France will face the next hurdle. There are too many predictions on how the UK will not go Brexit, but in all this the people are seeing their lifestyle dwindle away and as we see more managed bad news, the British people might have had enough. A strong example here comes from the BBC in December 2015 “Economic growth in 2015 was originally predicted to be 2-2.5%. But in large part because of the decision of the Government to take those bailout talks to the wire that has turned into a 2-2.5% contraction – a deep and painful recession. Now the experts are predicting once again that the economy will return to growth in 2016, unless something else gets in the way“, so as we read this, we see that ‘the experts’ were off by 5%, which is massive, which follows ‘predicted growth’ in 2016. Yet we all know that Greece has had too many problems and when the retirements funds stop because they invested in Greece, where will retirees get their ‘support’ from? They are entitled to that support, but Greece has no more money, debts it cannot pay and it let those who got Greece in that bad a state off the hook. All EEC nations left those Greeks off the hook. So now, as we see that money is running out, which will in the near future could mean that the IMF has to bail out Greece again. If that happens before June 23rd, how do you expect the British referendum voters to react?

One thing is certain, if Brexit happens, François Hollande will get the nightmare situation he dreads, because the Euro without the United Kingdom will not survive through Germany, Italy and France together. In that light it will push Frexit straight to the top, with at some point in 2017 President Marine Le Pen, signing a government act to secede from the Euro and not entirely unlikely secede from the EEC altogether. That last statement is massively speculative, but not impossible. It is nationalism that are driving the French to her and the Italians to Matteo Salvini, there is still the dangers that Nigel Farage will get on the ‘I told you so horse‘, which had a 1:1,000,000 chance to win. Now my £10 will turn into a nice retirement funds for a nice place on Guernsey (if someone honours that deal). A wave started by the mere political short-sightedness of not having a legal door to expel bad nations and their economic acts. An oversight that will result in additional trillions of write-offs and hardship for the European population at large.

A view I stated in 2013, there is now a decent chance that I will be proven right 3 years later, a mere data analyst without an economic degree.

Yet, can I be wrong? Of course I could be, but you should ask yourself: ‘Where is MY benefit?’ I am not asking you to state this in some rage of selfishness. I am asking you to look at your life, your family and all the parts you lost in the last 10 years. All the things you worked for and what you have been left with. Now, many people have not lost what they had, but their financial progress seems to have minimised, largely due to outside influences, some of them due to really bad internal governing. So how does a Brit feels when the hardship he faces comes from the bad acts not just from the UK, but in addition to the acts from Spain, Greece, Portugal and other nations? In addition, we see that those governments do not seem to be held accountable, neither are the decision makers held accountable by other governments. Now, the average Brit accepts that his government makes mistakes, just like the average Frenchman, or Italians for that matter. But neither wants to pay for the cock-ups of another government, especially as no one is held accountable, so that part leaves us with Brexit and the chance of it becoming a reality. Yet when we see the quote in the Independent “David Cameron has urged mainstream Conservative MPs not to be bullied by party activists into campaigning to leave the European Union as he took on his Tory critics with a fierce defence of his reform blueprint“, we have to consider that the risk is a lot larger than David Cameron is comfortable with, which works for Nigel Farage. The accusations that others are now accusing the UKIP MEPs, who allegedly have been intimidating other members of the European Parliament.

So, now, after a year, the UKIP members that were never seen as anything serious are now ‘intimidating’ others? So now we see the picture caption ‘Green MEP Molly Scott Cato admonished Farage and Ukip MEPs‘, yet in the Guardian (at http://www.theguardian.com/environment/2016/feb/03/brexit-would-return-britain-to-being-dirty-man-of-europe) we see “It will work with green groups to persuade people that leaving the EU could set back the UK’s nature protection and prevention of pollution many years“, so the battlelines of Brexit are being drawn and the question becomes, where is the truth and why are certain bad elements not being held accountable, that is the real reason why Brexit and Frexit are a reality. As no one addresses that because of the ‘friends’ these proclaimers of ‘other’ reasons have, they are driving constituents straight into the arms of Nigel Farage, Marine Le Pen and Matteo Salvini. Nigel enabled Marine (to a small extent), the fear of Brexit pushes Marine to a large extent and all those elements are now making Matteo Salvini a threat to the Italian way of life. The question whether that is for good or bad is too early to tell, but the impact will be massive in all three nations. So whatever comes next will be speculative to a larger extent which is, until June 25th, as that date could be the start of a massive upheaval all over Europe, which could hit as far as Japan and the United States of America.

 

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