Tag Archives: Deutsche Welle

By German standards

That is at time the saying, it isn’t always ‘meant’ in a positive sight and it is for you to decide what it is now. The Deutsche Welle gave me yesterday an article that made me pause. It was in part what I have been saying all along. This doesn’t mean it is therefor true, but I feel that the tone of the article matches my settings. The article (at https://www.dw.com/en/german-police-expands-use-of-palantir-surveillance-software/a-73497117) giving us ‘German police expands use of Palantir surveillance software’ doesn’t seem too interesting for anyone but the local population in Germany. But that would be erroneous. You see, if this works in Germany other nations will be eager to step in. I reckon that The Dutch police might be hopping to get involved from the earliest notion. The British and a few others will see the benefit. Yet, what am I referring to?

It sounds that there is more and there is. The article’s byline gives us the goods. The quote is “Police and spy agencies are keen to combat criminality and terrorism with artificial intelligence. But critics say the CIA-funded Palantir surveillance software enables “predictive policing.”” It is the second part that gives the goods. “predictive policing” is the term used here and it supports my thoughts from the very beginning (at least 2 years ago). You see, AI doesn’t exist. What there is (DML and LLM) are tools, really good tools, but it isn’t AI. And it is the setting of ‘predictive’ that takes the cake. You see, at present AI cannot make real jumps, cannot think things through. It is ‘hindered’ by the data it has and that is why at present its track record is not that great. And there are elements all out there, there is the famous Australian case where “Australian lawyer caught using ChatGPT filed court documents referencing ‘non-existent’ cases” there is the simple setting where an actor was claimed to have been in a movie before he was born and the lists goes on. You see, AI is novel, new and players can use AI towards the blame game. With DML the blame goes to the programmer. And as I personally see “predictive policing” is the simple setting that any reference is made when it has already happened. In layman’s terms. Get a bank robber trained in grand theft auto, the AI will not see him as he has never done this. The AI goes looking in the wrong corner of the database and it will not find anything. It is likely he can only get away with this once and the AI in the meantime will accuse any GTA persona that fits the description. 

So why this?
The simple truth is that the Palantir solution will safe resources and that is in play. Police forces all over Europe are stretched thin and they (almost desperately) need this solution. It comes with a hidden setting that all data requires verification. DW also gives us “The hacker association Chaos Computer Club supports the constitutional complaint against Bavaria. Its spokesperson, Constanze Kurz, spoke of a “Palantir dragnet investigation” in which police were linking separately stored data for very different purposes than those originally intended.” I cannot disagree (mainly because I don’t know enough) but it seems correct. This doesn’t mean that it is wrong, but there are issues with verification and with the stage of how the data was acquired. Acquired data doesn’t mean wrong data, but it does leave the user with optional wrong connections to what the data is seeing and what the sight is based on. This requires a little explanation.

Lets take two examples
In example one we have a peoples database and phone records. They can be matched so that we have links.

Here we have a customer database. It is a cumulative phonebook. All the numbers from when Herr Gothenburg got his fixed line connection with the first phone provider until today, as such we have multiple entries for every person, in addition to this is the second setting that their mobiles are also registered. As such the first person moved at some point and he either has two mobiles, or he changed mobile provider. The second person has two entries (seemingly all the same) and person moved to another address and as such he got a new fixed line and he has one mobile. It seems straight forward, but there is a snag (there always is). The snag is that entry errors are made and there is no real verification, this is implied with customer 2, the other option is that this was a woman and she got married, as such she had a name change and that is not shown here. The additional issue is that Müller (miller), is shared by around 700,000 people in Germany. So there is a likelihood that wrongly matched names are found in that database. The larger issue is that these lists are mainly ‘human’ checked and as such they will have errors. Something as simple as a phonebook will have its issues. 

Then we get the second database which is a list of fixed line connections, the place where they are connected and which provider. So we get additional errors introduced for example, customer 2 is seemingly assumed to be a woman who got married and had her name changed. When was that, in addition there is a location change, something that the first database does not support as well as she changed her fixed line to another provider. So we have 5 issues in this small list and this is merely from 8 connected records. Now, DML can be programmed to see through most of this and that is fine. DML is awesome. But consider what some called AI and it is done on unverified (read: error prone) records. It becomes a mess really fast and it will lead to wrong connections and optionally innocent people will suddenly get a request to ‘correct’ what was never correctly interpreted. 

As such we get a darker taint of “predictive policing” and the term that will come to all is “Guilty until proven innocent” a term we never accepted and one that comes with hidden flaws all over the field. Constanze Kurz makes a few additional setting, settings which I can understand, but also hindered with my lack of localised knowledge. In addition we are given “One of these was the attack on the Israeli consulate in Munich in September 2024. The deputy chairman of the Police Union, Alexander Poitz, explained that automated data analysis made it possible to identify certain perpetrators’ movements and provide officers with accurate conclusions about their planned actions.” It is possible and likely that this happens and there are intentional settings that will aide, optionally a lot quicker than not using Palantir. And Palantir can crunch data 24:7 that is the hidden gem in this. I personally fear that unless an accent to verification is made, the danger becomes that this solution becomes a lot less reliable. On the other hand data can be crushed whilst the police force is snoring the darkness away and they get a fresh start with results in their inbox. There is no doubt that this is the gain for the local police force and that is good (to some degree). As long as everyone accepts and realizes that “predictive policing” comes with soft spots and unverifiable problems and I merely am looking at the easiest setting. Add car rental data with errors from handwritings and you have a much larger problem. Add the risk of a stolen or forged drivers license and “predictive policing” becomes the achilles heel that the police wasn’t ready for and with that this solution will give the wrong connections, or worse not give any connection at all. Still, Palantir is likely to be a solution, if it is properly aligned with its strengths and weaknesses. As I personally see it, this is one setting where the SWOT solution applies. Strengths, Weaknesses, Opportunities, and Threats are the settings any Palantir solution needs and as I personally see it, Weakness and Threats require its own scenario in assessing. Politicians are likely to focus on Strength and Opportunity and diminish the danger that these other two elements bring. Even as DW gives us “an appeal for politicians to stop the use of the software in Germany was signed by more than 264,000 people within a week, as of July 30.” Yet if 225,000 of these signatures are ‘career criminals’ Germany is nowhere at present. 

Have a great day. People in Vancouver are starting their Tuesday breakfast and I am now a mere 25 minutes from Wednesday.

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The changes to a Digital Currency

I was alerted to a story on https://www.cointribune.com/en/saudi-arabia-joins-the-wrong-blockchain/ stating ‘Saudi Arabia joins the wrong Blockchain…’, well that is merely a matter of opinion. You see the CBDC (aka mBridge) is a digital currency that is controlled by banks. It is under control by China (read Tencent) and is a system that runs next to swift. It could rival it over the next few years and moreover could overtake swift too (speculative view by the writer, aka me). The involvement of Saudi Arabia implies “The kingdom’s integration into the BRICS club is far from trivial. Member countries are clearly expressing their intention to purge the dollar from their exchanges. The arrival of the Saudis could mean that Saudi oil exports to China could one day be conducted via the mBridge blockchain, in yuan”, implies is as I word it, but the implications as quoted is the first major dent into the ‘settings’ that could take a lot of Wall Street out of the frame, again this is purely speculative. Another source, Forbes gives us (at https://www.forbes.com/sites/digital-assets/2023/08/24/bitcoin-vs-cbdcs-analyzing-universal-access-in-digital-currency/) ‘Bitcoin Vs. CBDCs: Analyzing Universal Access In Digital Currency’, which they gave us last August. They also give us “The digital cash revolution was spearheaded first by bitcoin and then by other cryptocurrencies, which has led to the birth of Central Bank Digital Currencies.” This is followed up by “it’s the rise of CBDCs and cryptocurrencies that may represent the most transformative phase in this evolution.” I think that is the larger issue. I don’t trust Bitcoin, not because of the digital setting, but the picture that it is not supported by any coins, or gold make it a virtual currency. ‘Everyone’ is on board for what they think it will bring. But the larger picture becomes that a virtual setting could from today ($62,730.9037) and when it goes to $50,184.7258 tomorrow (worst case scenario) there is nothing stopping it, moreover I reckon that all these pensioners hoping to get rich of this, this downfall will result in lots of pensioners ending with nothing. That was the fear I alway had. This is why I do not trust it. The CBDC (mBridge) is as said cemented in “the country’s central bank.” Forbes also gives us on the of the 23rd of June (at https://www.forbes.com/sites/digital-assets/2024/06/23/cross-border-cbdc-focused-project-mbridge-moves-forward/) “For more than three years, the Bank of International Settlements (BIS) and the central banks of China, Hong Kong, Thailand and the United Arab Emirates (UAE) have been working on a cross-border central bank digital currency (CBDC) project known as mBridge. In a nutshell, the project aims to improve efficiency, speed and transparency in cross-border payments.” It is the transparency that matters and the fact that it is under control of a nations central bank. This implies that banks are ultimately responsible for issues, with Bitcoin this is anyones guess. The text “MBridge recently took an important step forward with the completion of its minimal viable product (MVP) stage and the decision by Saudi Arabia to join the project.” You see this means that mBridge would be getting support from places like Aramco and China with their Yuan. This puts the USA on a slippery slope (commercial wise) if the oil dollar pushed to nowhere, the Yuan will gain strides of upgrades. Additional we get “According to China’s Digital Currency Research Institute (DCRI), mBridge transactions take seven seconds and cut cross-border payment costs by 50%.” I believe that the 7 second delay is only applicable to cross border issues and I do believe that this is a temporary delay (before the first upgrade a time upgrade), the reducing of cost by 50% would be cheered by all sides of the equation (probable with the exception of Wall Street). The article ends with “but risks to the initiative will rise sharply if it becomes seen as part of broader U.S.-China competition” a political setting, but as that rises the USA (and optionally the EU) will lose a lot more. For the most the people are fed up with the American bully tactics. It is hurting their pocket. Consider that a decade ago where everyone copied the narrative “Washington officials began warning of Huawei’s ability to embed spying capabilities in its gear” but never was any EVIDENCE presented by anyone. We get setting like ‘could’ and ‘the possibility arises’’. The former director of German intelligence stated to Deutsche Welle that they didn’t understand that technology. So where is the evidence? America presented a case that was settled a decade earlier. China has issues with the US and EU. This is their shot across the bough. And it is one that matters. With billions in revenue gained, with the BRICS setting and with a setting that could replace the oil dollar with the Yuan, Wall Street would lose a lot. So whilst the American administration begs for cheaper oil, all whilst they pretty much shot themselves in the foot. 2025 and 2026 might prove disastrous for both the US and EU. The EU will accept the mBridge solution a lot earlier than the US would and when the Bitcoin loses 20% or more in value. Many pensions will be reduced to zero. It was the risk of a decentralised system with no foundation in any bank or in a commodity like gold, but that is merely my point of view.

Enjoy today, it is still yesterday in Vancouver and Toronto. 

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Thoughts

As I am turning towards Engonos and some of the embellishments that I should incorporate I also am reminded of something I wrote in March 2017 (at https://lawlordtobe.com/2017/03/17/the-finality-of-french-freedom/), yes that long ago I made predictions, all based on common sense. And now we see in the first Deutsche Welle (at https://www.dw.com/en/germany-faces-challenge-as-2025-tax-forecast-sinks/a-69102992) where we are given ‘Germany faces challenge as 2025 tax forecast sinks’, this sounds like a trivial matter, but if the first economy will have issues with paying for its infrastructure, the entire mess becomes a problem. So we are all given “Finance Minister Christian Lindner said it was clear that the public sector would have to tighten its belt.” And it is followed and pretty much epilogued with “What I repeat almost like a mantra in view of the exorbitant political wishes is now available in black and white: There is no new financial room for manouver in the foreseeable future.” 

There are a few sides to that. I the first Russia loses an enemy, a lame duck that is part of the EU. Germans has no moves left. The second one is ‘France faces four major economic challenges in 2024’ (the FT article was behind a paywall) and this one is found (at https://www.euronews.com/business/2024/01/23/france-faces-four-major-economic-challenges-in-2024) is is a little older but as the economic belt of France is tightened dark clouds are forming. They have one advantage, the 2024 Olympics will bring money. How much? Is anyones guess. France has problems with manufacturing, The Chinese markets are not dishing out dough for French items like wine. And behind this is “The extraordinary debt levels across the major economies in the world pose a risk to France, too, as it faces the threat of an austerity budget which directly impacts the financial health of households and consumers.” We get the ‘quote’ “The French manufacturing sector remained low throughout the year, sinking deeper at the end of 2023. If output remains at the same level, there is the possibility of a “technical recession” within the sector”, when the media starts adding ‘technical’ to the story, you know that there is a problem. To put it mildly blunt, there is for example not a technical pregnancy. My penis entered her vagina and I came. She turned out to be pregnant or not. Nothing technical about it. You can dwindle numbers around all you like, but in the end there is a recession or there is not. These two stories matter, especially when you consider the first one I wrote in 2017. There I set the EU like a pontoon, kept in place by 4 anchors, they stop the the pontoon being thrown around in the economic sea of uncertainty. 27 people on that pontoon, 4 of them were manning the anchors. These was the UK, France, Germany and Spain. Now, the UK left and both France and Germany are in a difficult position. So it come down to Spain who is not doing too well either. I saw this in 2017, but the media kept on playing its game on populism, so who looked out for the overall health of the EU economy? 

As you can see (based on Q2 2023 data) That the EU debt is partially driven by France and Spain, the UK is no longer part of the equation. The EU is in a dire position. And whilst we get jolly news all over the fields the direct problem is will the US sell the EU down the river, or will the EU chisel its marks in new ventures? Overlapping the fields where the US was sole choice. That too I set out in the past. The simple consideration is that if the world is a cake and the cake is almost none growing, the population growth and the debt growth implies that there is less to be had and you know the issue with shortages? People go hungry, the population loses it humanity because it is the era of ‘me’. So whilst we consider that different choices needs to be made, the old setting under Wall Street and the US will soon become a field of Commonwealth, Brics, China, and the Middle East. In all honesty with all the messes the US is creating none of them have a use for them. It sounds harsh but that is the reality. In a land where we have 10 people and 7 meals the hungry will not care who is humane or who is woke. 7 will eat and three will not. It is not a nice setting, but the realistic one. There were options for energy and housing all by Elon Musk. Are they true, are they false? I cannot tell. It seems to be limited to Youtube and TikTok. The media as far as I can tell have not touched it. So where is the media? Are they now governmental tools? Consider the fact that nations have an issue with homelessness. So would this Musk solution help? Would this take pressure of the stress? France, the Netherlands, Australia, they all have issues but no one seems to tackle them. This matters because when the economic drivers come calling on the EU the other settings becomes huge. And the media is doing way too little about it. Why is that? 

Just a few thoughts that came to mind on this Saturday.

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Son of Kristallnacht

This happens, things happen again. Things are reprised and even the stupid parts are redone over and over again. I never understood the act of book burning. It does not matter what is burned. The acts of November 9th 1938 were short sighted and stupid and they reminded me of the events that led to the Bonfires of the Vanities. This event was on February 7th 1497 instigated by Girolamo Savonarola. Two events started by stupid christians (Savonarola and Hitler) as such it is a setting of a stupid event that led to the burning of Qurans. The second event was covered by the BBC (at https://www.bbc.co.uk/news/world-europe-66052670) here we learn “Salwan Momika, said to be an Iraqi living in Sweden, set fire to a copy of Islam’s holy book outside Stockholm’s central mosque on Wednesday. The Quran burning was condemned by many Muslim-majority countries.” This set of a few thoughts in my mind. The first was ‘who on earth is Salman Momika?’ You see, Iraq has up to 10% that is not Muslim. This happens in many nations that has a muslim majority. So why would this person to set fire to a Quran? I am not trying to decipher it, but the irony is that the Iraqi people overtaking a Swedish Embassy whilst it was one of their own civilians to set fire to it in the first place is pretty ironic. There is a second setting that is less impressive. This is the second event that Sweden has and now if Turkey obstructs NATO entry, that is all on Sweden. They have the option to prosecute those who knowingly burn religious texts (any religious texts), they have the option to make Salwan Momika persona non grata, sending that person BACK to Iraq. At that moment Salwan’s goose is cooked, thoroughly. Something needs to be done. This is not about freedom of expression, this is about intentionally causing grief. I know that the matter is more pressing and more complex. Yet the larger station is that this was intentional, this is about someone pushing the buttons of Salwan Momika, the question is who and why. Is it Russia trying to set delays, it is a third party to create chaos? So many directions to go into and so many options to consider. The fact that someone OK’ed this is also an issue. They knew what would happen, there is no way that they did not. In the meantime Deutsche Welle informs us “Morocco has withdrawn its ambassador in protest”, which is not entirely unexpected. Sweden should expect a few more Muslim nations to be upset about the actions that were cause of them. This is not about freedom of expression, this is about creating mayhem and Sweden is letting this all happen threatening their ascendancy into NATO. There is no other way to see this. How this evolves is beyond me but Sweden is in for a few hard months and perhaps even more. But there is a larger station here and until we see a much more clear picture whatever I see is based on mostly speculation. 

On the upside, my mind came up with another game and another piece of IP, too early to tell where either will go, but the mind is firing on most thrusters.

Enjoy the weekend.

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Repetition

You would think that the Germans would learn. They were stupid during WW1, then again WW2 and now they decided to openly support Russia. Do people never learn? To be honest, I am not sure that it is ALL germans are that stupid, but it is the party of Scholz, the Social Democratic Party of German (SDP). And to see this we need to look at a timeline. 

The tweet above woke me up, something was bothering me about this. And yes, there it was. It was in 2022 when politico gave us (at https://www.politico.eu/article/we-failed-germany-depended-on-russia-social-democrat-said/) ‘‘We failed’ on Russia: Top German Social Democrat offers mea culpa’, clearly it was a mere spin, their actions will support my view that they are merely the pro-Putin spin puppets of Europe. There we are given “Germany’s ruling Social Democratic Party (SPD) “failed” to see Russia’s aggressive intentions, bargained away trust by ignoring warnings from Eastern Europe and manoeuvred Germany into dangerous energy dependency, the party’s co-chief acknowledged Tuesday”, well this isn’t nearly the end and the media is avoiding all this, why is that? We are also given “The self-critical words are also a break from Scholz, who last week self-confidently claimed that he “always” knew about Russian President Vladimir Putin’s intentions to use energy as a weapon; and Merkel, who has claimed that she did nothing wrong with her Russia policies.” Well, Merkel is up for debate, but that needs to be done by someone with a much stronger sense of German politics than I have. You see, this stage preluded the setting we see in the Deutsche Welle (https://www.dw.com/en/why-german-chancellor-olaf-scholz-is-hesitant-about-delivering-battle-tanks-to-ukraine/a-64493249), we are given ‘Why Germany hesitates on sending battle tanks to Ukraine’, but there is a time line now and this message that we get in January 2023 gives us the setting. The German SDP is the spin chihuahua of the Russian machine and it is time that all parties acknowledge that. There is no “Pressure is growing on Germany to send Leopard 2 battle tanks to Ukraine. Chancellor Scholz doesn’t want to commit just yet, partly because he’s playing to his party, the Social Democrats.” There was no SDP, this was to stop the pressure getting upped against Russia and that is what was at stake. The Russian tanks are already demolished enough as it were and the Leopards would make slim work out of the mechanised infantry that Russia has. So when we see “In reference to Scholz’s now-famous Zeitenwende speech condemning Russia’s invasion of Ukraine last February, Klingbeil said the party needed to answer fundamental questions: “What does this historic shift mean from a Social Democratic perspective? How do we define our relationship with Russia, China, and the United States? How does a self-confident and sovereign Europe define itself, and what is Germany’s role in this rapidly changing world?”” Well as I personally see it, I am reminded of The Munich Agreement,  concluded on September 30th 1938, by Nazi Germany. You remember the photograph of Chamberlain getting out of his plane? The quote “Peace in our time”? How did that end? I mean you all got history lessons in primary school did you not? 

We see a time line where the SDP is nothing more than a puppet of Russia and the latest BS peace (bad) idea where Ukraine losses their lands was rejected by Oleksii Makeiev in the strongest way, there never was a peace plan, it was the SDP doing what Russia could not, they are losing and it reminds me of something I saw a few months ago “Ukraine is supported to make the war go on, not supported to win the war”, I was skeptical when I saw it, now months later when I see the evolution in the media, and the media is willing to not report on the timeline gives a rather nasty reality, the media is set against complete reporting, exploit the emotional moments and not do their jobs. Feel free to investigate. Feel free to explore the timeline 2022-2023. Russia has support in the media and it shows how redundant the media has become. As I see it, after the news we have seen over the last year alone. There is no relationship with Russia, only the delusional see that there is a relationship. There is merely adherence to the Russian machine ad the media is willing to collect every digital dollar they can to cater to both sides. 

How sickening Europe has become.

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Welcome to the OC bitch!

Yes, this sounds strong and it was part of a script. The series threw that phrase out for weeks as the OC was gaining traction. It drove Misha Barton to success and that is pretty much all I know about the series. We take some facts to the bank, we count on it, we depend on it. But then I got to thinking. OC also stands for Organised Crime and at present can you tell the difference whether  it is Organised Crime or a bank? That is not a joke, it is a serious question. Al Jazeera gives us (at https://www.aljazeera.com/news/2023/3/29/french-prosecutors-raid-five-banks-in-massive-tax-fraud-case) ‘French prosecutors raid five banks in massive tax fraud case’. There we are given “banks, including Societe Generale, BNP Paribas and HSBC, faced a compensation request of more than $1bn” we also get “an earlier report in Le Monde newspaper, said Tuesday’s searches had also targeted Exane, which is part of BNP Paribas, and Natixis, the investment bank arm of French banking group BPCE” in the late 80’s someone told me “To be a thief, you need to be good and agile, if you lack these skills you could always become a banker” well we have been seeing that a lot since 2008 onwards. And now we see “it was impossible to put an exact figure on the scale of the fraud but said the banks together faced an overall compensation request of more than $1bn, including fines and late interest payments” this had been going on (as far as they could tell) since 2014. So what is the difference between Organised Crime and bankers? Is it a mere case of legislation? So after we are given the sleep creating news (by the media) regarding United States of Silicon Valley Bank, Signature Bank, and Credit Suisse. We see more cases regarding Fraud? So when will someone wake up and realise that banks are either properly regulated or they are allowed to collapse and the shareholders lose their funds. So when we see advertisement from HSBC how climate change ignores borders, can the next advertisement please state “Climate change, not unlike our alleged involvement in fraud is happily ignoring all border issues” 

Perhaps it is more on point than the so called ‘awareness’ vibes they are spreading now. And when I look at half a dozen advertisements from HSBC I can apply the same strokes to the text and the advertisement becomes a lot different, it becomes a clear path of opportunity seeking. Now, I cannot tell how involved HSBC is, but the raids seem to imply issues. You see the banking system has been skating on the edge of legality for so long (for the need of profit) and when we think back to the billboard days when we got all the anti-Brexit announcements, I saw that there was no mention of Bank fraud, as such, is this hypocrisy or is it like adultery. Everyone expects you to lie about that? Think about that for a second. It is the ‘expects you to lie’ part. In 2018 UNSW gave us ‘Heavy penalties are on the table for banks caught lying and taking fees for no service’, I would add to that that anyone lying is barred from banking services forever. There needs to come a time when these issues need to be dealt with. And the fact that a raid on five banks was done, implies (not proven) that there is a massively large problem out there. So why do we allow these bankers to continue? 

It is a serious question. Uber is short on people, there is seemingly a shortage in supermarkets, let the disgraced bankers fill those holes. Just a thought.

Meanwhile German Deutsche Welle gave us (at https://www.dw.com/en/paris-banks-raided-in-100-billion-tax-fraud-probe/a-65151312) ‘Paris banks raided in €100 billion tax fraud probe’. This seems to be the larger stage (and several media had nothing on this). So when we consider “the investigations are linked to legally dubious “cum cum” practices in which banks create overly complex legal structures as a way to allow wealthy clients to skip out on tax liabilities for dividends. Authorities say Societe Generale, BNP Paribas, BNP Paribas subsidiary Exane, Natixis and the British banking behemoth HSBC are suspected of aggravated tax fraud laundering. Moreover, BNP and Exane are suspected of aggravated tax fraud” can you honestly answer whether there is a difference between Organised Crime and Bankers. We could argue that most bankers have some form of Filofax and are therefor Very Organised Crime. Yet that is seemingly the largest difference at present. Yet this text also gives us another side and that is important. It is seen with “complex legal structures as a way to allow wealthy clients to skip out on tax liabilities for dividends”. That raises the question whether the law was ACTUALLY broken. The Al Jazeera article and two others did not clearly give me this, so there are issues which reflect back on the old premise I made 25 years ago “The tax systems are in dire need of a complete overhaul” This view was mainly on the US and EU, but the setting still applies. And when we see terms like tax fraud and tax fraud laundering and the stage is ‘suspected’ the question becomes “Were laws broken?” You see if that is not the case, these bankers were merely clever sneaky bastards (aka: administrators) and there is no law stopping them (just like there is no laws on Karen’s and idiots). They are all allowed to stay, visit our surroundings and do their business and they are allowed to be as creative they can be within the law and the law is the issue. We might think they are hiding behind the setting of ‘overly complex legal structures’, but that isn’t illegal and we need to recognise that. We need to recognise that the laws and specifically tax laws have been blatantly ignored by all who should have ben overhauling them. That is the heart of the matter and that is under debate as I personally see it. Yet for over 3 decades politicians avoided that subject and now that governments are all running out of funds they are desperate to keep the nose away from their necks and that time is runing out faster and faster. That is merely how I see it.

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How did the cow catch the hare?

Yes, that has been a question for the ages and that question popped to mind when I saw ‘How did Saudi Arabia make it to the Winter Olympics?’ (at https://www.dw.com/en/how-did-saudi-arabia-make-it-to-the-winter-olympics/a-60736077). Weirdly enough it is not the weirdest question and it had been asked before. There was the Jamaican bobsled team (1988), the event could also be seen in Cool Runnings. Then there was Michael David Edwards (also 1988), a British man doing Ski Jumping and coming from a place where the highest hill is a trashcan, seen in the Movie Eddie the Eagle with Hugh Jackman as the bad as coach. So there have been examples in the past. As such there is plenty of material and I do not know the man, but if Fayik Abdi comes from decently wealthy parents he could have spend his youth skiing the slopes of Canada, Switzerland, Austria or France to get his skills up. And for any man it would be an honour to represent his nation in any olympic event. I would be happy to be the Hockey Goalie for Australia. Oh shocks we do not have a Hockey team (not the real one on ice anyway). So another dream squashed. But for Fayik Abdi it was not a squashed dream, he gets to be there. It does not matter how good he is, how far he gets, he got there making him one in 34,810,000 Saudi’s. And the quote “The 24-year-old found his passion for skiing in Lebanon, where his mother taught him how to ski when he was 4. During his childhood, skiing was just a hobby. But when Abdi got older, he wanted to take the sport seriously. He started traveling to the Swiss Alps in search of slopes, as he didn’t have the access to the sport living in his country.

Shows us the story that matters. OK, I never would have guessed Lebanon, but I got the second part right and after 20 years he is ready to represent his nation. Yet in all this, I believe that the quote “The Saudi’s first participation in the Winter Games brings back memories of the nation’s first Olympic appearance in Munich’s Summer Games in 1972. The purported vision of Crown Prince Mohammed bin Salman is to explore new industries and encourage people in Saudi to be more active. He believes participation in Beijing will help achieve that goal” is equally important. Exploring new industries is always good, yet it does at times require nationalistic people with another brand of representation and there Olympians could set the larger stage. It does not matter if they do not get the first three position, participation is everything here and I believe that Fayik Abdi is doing more than representing his nation, he is cementing a different path that will bring honour to his family. As any person would be proud to do. If there is a side I have some issues with then it is “The Saudi Winter Sports Federation has had royal backing from the beginning. But it is still searching for business investors to build a planned indoor ski resort, which would help provide vital training access.” It is a natural setting against ‘indoor’ winter-sports, for the most the real feeling of that sport is the outdoors. It could be made for Curling, Bobsled, Figure skating and Hockey (the real one on ice). Curling and bobsled are out in the open, yet the other two would find all kinds of Islamic opposition in one case and with Hockey, there are two that might be surpassed over years, but that leaves Saudi Arabia 12th out of 12 and that is not a good place to be in, apart from the years of funds required. Making Curling with more nations and representation in men and women a much better option. Yes we see skiing, and that makes sense but how many people make that passion, that expensive passion a realistic option? Fayik Abdi should be seen as one in a million (35 million to be slightly more exact). And even if there is a larger need for its nation, it does not take away the achievement that Fayik Abdi reached, he became an Olympian. Just like Michael David Edwards and a few rare people who got into the stage against all odds. I remember how I could not make any Fencing team, no sponsor and no options, but that too is a sport Saudi Arabia could engage in, and they did. Lubna Al-Omair got into the 2016 Olympics, she might have lost, but she got saddled with Taís Rochel, a Brazilian who was number 80 on the world list, talk about bad luck. There are all kinds of sports and Saudi Arabia could be in many of them, yet my mind keeps on nagging towards the ‘planned indoor ski resort’, it does not sit well with me. You see, I have seen my share of snowboards on dunes and if Saudi Arabia has one thing more than oil, it would be dunes. So why not exploit that? Why not set up a station where snowboarders can board in near tropical heat? It will be a setting that requires a different bottom to keep the board intact, but that too is something that Saudi Arabia can ‘push’ for. And as we get a new stage of dune boards and  optional new kind of tracks, we will be introduced to (optional) indoor boarding. Anyway I digress, you see, the article touches on all subjects, but no one is taking that time to consider the achievement that Fayik Abdi got. He ended #51 in the first run, defeating 38 others which is a lot better than the (roughly) 38,433 people who did not get into the Olympics in the first place. Today is run 2, he might make it, he might not, yet at present he is on the short list of becoming one of the 50 best Olympians in the Giant Slalom and for a nation that never sees solid forms of water, that is quite the achievement. You see, Canada has plenty of snow (hills too) and only one made it to that list. So I think that we should make a little more noise on the achievement we see here. Because it is one I never saw coming. But then for me Jamaica was never a bobsled nation, so there is that.
Oh, and how the cow caught the hare? With a fishing rod (of course). 

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How stupid are we?

Yes, let’s come with a question that optionally offends us all straight from the barn, because we deserve to be asked the hard questions. I have been accused of being ‘all’ pro Saudi, all ‘pro’ China and why? You see, two players (US and UK) have a product, OK the USA less so, if you ignore 900 flaws and that would be fine, but then the US gives the KSA ban after ban and for no good reason, merely a morel approach whilst the opponents of the KSA are not held to ANY standard. So, if I see an option to make 3.75% from $11,000,000,000 I will do so. Australia is not in a war with China. Now, as a commonwealth citizen I would have preferred to sell the KSA the UK solution, but here we see that the UK is as stupid as the US and they all listen to the wrong people and they are now losing out on billions, billions THEIR government coffers desperately need (the US needs them as well, but I remain a commonwealth citizen, so fuck ‘em). And China has a product and personally so does Russia, but in that equation I would prefer to ‘sell’ the Chinese solution. There are no morals, this was all about common sense (and me getting a few coins in light of an upcoming retirement event).

Now was it good, was it bad? It is neither, a buying party needs their nation safer (KSA) and the USA and UK have an issue with that, so along comes a valid alternative (China) and so I take a gander being the courier here. 

That does not mean that others are not to be held by standards and that is where we are. You see Al Jazeera (at https://www.aljazeera.com/economy/2021/9/15/what-could-an-evergrande-debt-default-mean-for-china-and-beyond) is giving us the stage where we see ‘What could an Evergrande debt default mean for China and beyond?’ And the stage is not a small one, the debt is now at $300,000,000,000. It is larger than the national budget for quite a few nations. I am wondering, was no one awake when we were confronted with the utter stupidity of a place called Interserve Plc? Oh, and only earlier this year we were fed ‘Interserve Construction suffers £108m loss’, and that was not even the worst. In March we get ‘Losses from Interserve’s energy-from-waste disaster top £300m’, did no one catch on and after we had the Lehman brothers, the Dutch SNS bank who relied on ‘We are too big to fail, we now see Ever Grande and the risk of running short on $300,000,000,000 which looks like a thousand times worse than Interserve, now Tilbury Douglas and the hard times are nowhere near over. Yes, the board of directors will fill their pockets on the way out and I reckon that Hui Ka Yan and his $11,000,000,000 plus fortune will not face the danger of hunger any day soon. Now, whatever China does is up to China, yet I believe that the setting of “Evergrande currently has 1,300 real estate projects in 280 cities in China” shows that there is a larger need for governments to step in, especially when we are confronted with “the real estate developer may not be able to make the interest payments on some of its $300bn in liabilities next week and could also miss a principal payment on at least one of its loans”, I personally never believed that there is anything like ‘Too big to fail’, just offer some of these contracts and the payments to their competitors and see what happens. So even as Hui Ka Yan believed in the alternative Tom Cruise with “I feel the need, the need for greed” there is a larger station, we do know that governments tend to be a lot more stupid then people, but there are well over half a dozen examples of stupidity, did no one catch on? And here we need to take notice that people are on average as stupid as the average of the total amount of stupid people. Yet governments and companies doe not share that. They are as stupid as the sum of all the people working for them and that tends to be a lot worse. According to Deutsche Welle it is already there. With “Some 1.5 million people have put deposits on new homes that have yet to be built” (at https://www.dw.com/en/evergrande-why-the-chinese-property-giant-is-close-to-collapse/a-59175953) we see a setting where a place like San Diego, California where every person in that city loses ALL of their lifetime savings, it is that bad and we tend to wonder what will any government do, I wonder how these people will not lose everything. This is not some collection of shareholders, this is a stage where 1,500,000 people become optionally homeless overnight, it is a lot worse and it could hit the Chinese economy in a few ways and as some people sit hiding behind their dark shades, nodding and state “We feel the need, the need for greed”, all whilst the cadavers of circumstance pile up. When will governments learn that there is a need for oversight, especially when the impact is THAT big. So whilst we take notice of “Evergrande has expanded into other areas of the economy, including food, life insurance, tv/film and leisure”, can anyone explain to me why a property giant was even allowed in food and life insurance? Never mind the bollocks (aka: the 122nd largest group in the world by revenue, according to the 2021 Fortune Global 500 List), too many are heralding and applauding stupidity and greed. As such I feel perfectly fine trying to be the courier between two parties grabbing a decent coin in the process. Oh, and as the Chinese government is seeing what is rolling their way, the KSA deal might be one that diminishes the impact of Evergrande, so whilst we see three people (Biden, Johnson and Morrison) plot to become a new world power by handing nuclear submarines to Australia, all whilst we know that this is merely setting a stage to strut around like peacocks, no one is looking how much more Australian defence budgets will get with nuclear submarines in the mix, all whilst they still need to realise the impact of the F-35 folly. As such I wonder who is aware of what will be left to other people past 2035 when the defence budget will require a 45%-61% top up. I believe in defence as much as the next person, so whilst we accept “Last month the Australian government signed a $50 billion contract with the French company DCNS to build 12 new submarines”, do you think that such a contract will not come without cost? Yet here too (source: ABC News) we are told that “that program has come with delays and blowouts, and would have delivered conventional diesel-electric submarines, like the Collins Class”, so at least there is a decent reason and it makes sense, but still, there is a larger concern, not the coming of nuclear subs, but the realisation that Australia has an antiquated submarine stage and it does need to take care of 2,137,000 meters of beach front property, something needs to be done and that is good, I do not object.

Australian Navy too small

I merely wonder (at times) why it took this long in the first place. When we dig deeper we see why the US wants it because the foundation of nuclear submarines need to be build there, which makes me a bit hesitant after the failures that the F-35 (with 900 design flaws) as well as the failure that the Zumwalt class represents (at $21,000,000,000), the US wants to shout that this will be a success, but I have concerns and fortunately I do have a degree in ships engineering (which I never used). The larger stage is seen but so far governments are seemingly deaf as their irresponsible teenagers (aka politicians) are living off someone else’s credit card and there is the rub, there is the danger. They all live by the rule “We are too big to fail” and China is seemingly no different, its corporate greed is just like all the other greed driven players. So whilst a few players are trying to push the borders, we need to consider what happens when someone in that pool of overspending delusional players panics, because that will be the ball game when things escalate and explode in all our faces. 

How stupid are we to not loudly protest as corporations and governments remain absent in actions, especially when there is a $300,000,000,000 issue? Why was there no action when the danger was a mere $5,000,000,000? Even for China 300 billion is too much and when did we see a positive outcome when that much money was lost? I do not remember any positive impact. Not in 2004, not in 2007 and this time around it will be no different. Yet when the amount is that big it will impact a lot more people, all over the globe. 

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Interesting options coming

Last Wednesday Germany gave me the boost that I needed to get my first 10 million, it is so nice for Germany to think of little old me, this short fat Australian to make a boost in the Middle Eastern arms race. As the Deutsche Welle reported “Germany drastically cut arms sales to Saudi Arabia in the first six months of 2019 — but did not cut them completely“, I am seeing the opportunity to set up my corporation in Liechtenstein, or Andorra, or perhaps even Monaco to set up transit arms rules. And let’s face it, there might be some additional taxation due, but to make about $10,500,000 a month (before taxation) is still a good way to set the pace, especially when I do it as an Australian Expat (in wherever I am dealing). So until these governments get their senses back, I am looking at setting a deal worth $10,500,000 a month, which means that after tax (and other fees) it will be $2,000,000 – $3,000,000 a month. Tax deductions on the office space (read: nicely sized house) and in 6 months (If I am accepted as the go-between) I would be looking at $10,000,000 per 6 months (if not a little more), I get out of bed for that amount and I still have my 5G IP patents on the back burner as well.

Have you noticed on how all the media is all about the alleged murder of Jamal Khasghogg1, yet the hundred plus journalists in Turkish prison get no consideration at all? At that point the entire debacle of what is allowed is just fish fodder. Even as Deutsche Welle is in the dark to all the events in Pakistan, there is reason to sell Pakistan $115 million, Hungary, a place that has a GST of nil gets to order $1.7 billion, Egypt $801 million and in all this Saudi Arabia is a problem?

In light of all that has happened in Egypt and Pakistan the sentence “The government had pledged no more sales after the killing of journalist Jamal Khashoggi in 2018” has word out its value for some time now, especially when we consider what Turkish journalists have to go through. It is a vile form of discrimination and I was always of the mind that we need to fight discrimination, especially when it optionally makes me $10,000,000 each six months.

The article (at https://www.dw.com/en/germany-reduces-arms-sales-to-saudi-arabia/a-51223414) is not the only one; CNN gave rise to my trading empire to extend to the UAE. Especially in light of ‘Elizabeth Warren slams US arms sales to Saudi Arabia and UAE after CNN report‘ (at https://edition.cnn.com/2019/11/07/politics/elizabeth-warren-yemen-cnn-report-intl/index.html), when we consider that the next president will most likely be a democrat, the paces of war trade needs to be extended in a few places and that is where we see a larger growth, especially when the media is all about ‘Saudi Arabia is ‘gradually running out of money’ and needs IPO to fund reforms, ex-CIA chief says‘, all whilst the US has a debt of $23,000 billion (23 trillion is more correct but no one realises how large that debt is). In that light facilitators for arms deals will be essential. In light of that claim, I am even willing to reduce my commission as long as I keep the house and a total of $25,000,000 is guaranteed whether this is over 2 years or 15 years. You see! I am willing to be flexible, and who is stupid enough to set all these stages over an alleged murdered journalist? Especially when there is absolutely zero follow up on the Turkish journalists in prison (as well as the dozen or so that got killed in dubious circumstances). It has become a discriminative business environment and I see no reason to take advantage of stupid people when the opportunity arises. And in the end let’s be fair, when you can set the stage where you end up with $10,000,000 twice a year, will you walk away? The fact that we also see: “Germany had already authorized €5.3 billion in arms exports, surpassing the total annual figures for 2018 of €4.8 billion” implies a growth industry, so as we add Saudi Arabia and the UAE to the fold, there is no reason that Oman and Bahrain should be exposed as non-receivable partners, all friendly towards Saudi Arabia and as such also growth factors in my future endeavour, let’s face it, when someone comes up to me (seriously) and offers me a trade position as a junior and pupil in a place like Monaco, I am definitely saying ‘Yes!’ (in all honesty, if it ends up being Andorra or Lichtenstein I would say Yes too). Yet Monaco will have the largest office and the need for Middle Eastern players to meet us in their yachts every now and then. As such I feel that I can get used to the life in Monaco.

Couldn’t you? #JustSaying

 

 

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When the media decides not to tell us

This has been a subject that has been a focal point for me for a while now. The first instance When I got a clear indication was in 2012 when the media on a global scale decided not to inform the people on actions that Sony had taken. The gaming stage for 35 million consumers was changed almost overnight, yet the media trivialised it to the largest degree. It was then that I decided to keep tapping the pulse to see what else was going on.

You will have heard about the issues in Yemen and that the Arabian coalition led by Saudi Arabia is part of this. That you know, but for the longest time, the involvement of Iran and the terrorist organisation Hezbollah was downplayed to a much larger degree, and no one seems to be looking at that part.

In the last 24 hours we were shown to a much larger degree on the dangers that the civil population of Saudi Arabia presently faces (around that airport mind you).

Reuters

Reuters gave us 9 hours ago: ‘Yemen’s Houthis say they attacked Saudi’s Najran airport by drone‘. the article (at https://www.reuters.com/article/us-yemen-security-saudi-drone/yemens-houthis-say-they-attacked-saudis-najran-airport-by-drone-idUSKCN1ST1HJ) gives us both: “Yemen’s Iran-aligned Houthi movement on Thursday launched a drone attack on a Patriot missile battery in the airport of the Saudi city of Najran near the Yemeni border” and “The group claimed responsibility for last week’s armed drone strikes on oil assets in Saudi Arabia and on Sunday said they would attack 300 vital military targets in Saudi Arabia, the United Arab Emirates and Yemen“, so far nothing really new, other than this is the third attack in a week. When we consider “Najran regional airport is used by thousands of civilians daily” we see a stage where another part is now making entry, but about that more shortly.

Al Jazeera

Al Jazeera gives us ‘Yemen’s Houthi rebels attack Saudi’s Najran airport – again‘ (at https://www.aljazeera.com/news/2019/05/yemen-houthi-rebels-attack-saudi-najran-airport-190523140308211.html), where we are treated to: “The group’s Al Masirah TV reported the drone attack on Thursday came as the Houthis said they would step up their offensive against Saudi targets“, as well as “An explosive-laden drone sent by the terrorist Houthi militia to target Najran airport – which is used by thousands of civilians daily – was intercepted and destroyed by the Saudi air force“. This news is mostly on par, we see the small addition by Colonel Turki al-Maliki that there would be a response but did not elaborate on any details.

I think that we can agree that Reuters and Al Jazeera are regarded as sources of integrity. it is news that so far has always been regarded as trustworthy.

So why is it that this news did not make it to the BBC, yet we were given headlines like ‘PSG boss Al-Khelaifi charged with athletics corruption‘ and ‘Egypt releases students held after exams protests‘. I am not stating that those headlines should not have been there, it is regarded as news, but the attack on civilians by Houthi forces was kept out of the news and that is a little weird, especially as the news on a global level had been slamming Saudi Arabia again and again. The guardian, the New York Times, Washington Post, none of them had it. Yet the Washington Post was eager to report: “In addition to suffering the reputational problems of delivering deadly weapons to governments that clearly misuse them, U.S. defense firms should exercise extreme caution that they are not opening themselves, their officers, and their employees to criminal and civil liability by exporting weapons pursuant to potentially invalid licenses“, it seems interesting that Democrat Robert Menendez was willing to sidestep drone strikes on civil targets at the drop of a hat. In addition, that article (at https://www.washingtonpost.com/world/national-security/trump-may-sidestep-congress-on-saudi-arms-deal-drawing-fresh-warnings-from-republicans-and-democrats/2019/05/23/ca4af24e-7d96-11e9-8ede-f4abf521ef17_story.html) also gives us “anxious to protect their authority to have a say on the executive branch’s ability to export lethal weaponry to foreign actors“, the operative ‘foreign actors‘, instead of ‘foreign government‘, this was written by an intelligent person, I accept that and that this is to set the consumer and voting state is also accepted, yet when a newspaper relies on ‘Democracy dies in darkness‘ and it is only giving you part of the information, is that not an equal attack on democracy? when readers are misinformed by only partially informing them, is that not (in the eyes of some people) the larger crime in all this?

The large papers have almost all omitted that part at the moment, and they are not alone, Deutsche Welle, NOS, Swedish news sources, they are all missing out on the Houthi attack, as well as the fact that in most cases the involvement of Iran remains unmentioned in many of the cases. When sources on TV and online are happy to quote President Trump stating: “I’m an extremely stable genius. OK?” (From my point of view absolutely nothing in that sentence was true), and we are not given the attacks on civilians from one side, we need to take a deeper look at the media and why they are given rights when they do it to march all over democracy.

So when we accept that any democracy gives us: “In a direct democracy, the citizens as a whole form a governing body and vote directly on each issue” and we see that we are not given the actual facts of ‘each issue‘, can we consider to agree that what was once a democracy optionally no longer is one?

The media has been about facilitation towards the big companies for too long, it is time to hold the media owners to account, it is the setting where we see that a democracy has turned into an oligarchy, it is the easiest to achieve in a republic setting, as corporations have a lot more power, in a monarchy that is a lot harder to achieve, but the power players in any Oligarchy achieve that by controlling the media and that is what is seemingly happening on a very large scale. It is time that we shine large lights on that part of the equation before the people to the largest degree no longer have any say in the matter. The EU is the best example (they have no hold or any say on the matters pushed for by the ECB), and it is there that we see the failing of democracy and some players are better out than in.

Even as the ECB is only now (after months of assurances that the Euro was looking up) giving the media “European Central Bank policymakers are concerned that economic growth in the euro zone is even weaker than feared“, as well as the Washington Post that gives us (at https://www.washingtonpost.com/business/a-3-trillion-bond-beast-runs-the-show-in-europe/2019/05/23/db45efa6-7d35-11e9-b1f3-b233fe5811ef_story.html), when we see the headline that I have spoken about for almost 2 years ‘A $3 Trillion Bond Beast Runs the Show in Europe‘, giving the ECB ruling on EU matters, the EU called a democracy now run by non-elected officials not accountable for their actions, whilst they pushed for that debt. That should be regarded that the EU has moved from so called Democracy into Oligarchy and the media stays silent, they need the ECB to feed them for circulation.

The media decided to sway the story, they decided not to tell us and people wonder why Brexit is the only remaining way out? I as a Brexiteer prefer a stage so that people can be held to account, the Chancellor of the Exchequer (Rt Hon Philip Hammond MP) can be held to account, and Mario Draghi President of the ECB cannot. The world is in a dangerous stage and the few that have hold on the media stay out of the spotlight for all the reasons that they consider to be right, do you agree?

I certainly don’t, not with this much evidence out in the open.

 

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