Tag Archives: EEC

Exit Fee, Brexit Fee

We all knew that there would be backlashes regarding Brexit on a few levels. Now we can argue whether it is legal, ethical or even comprehensible that you must pay an exit fee, but over the years in many places. Especially Gyms, you are faced with the need that you have a renewal and a minimum fee that is covered per year. If the gym delivered on its entrance promises than there aren’t too many objections you can make. The same amounts to your mobile provider who under contract will make you pay the whole lot if you leave within the contract term. So also, the issue rises as the UK is leaving the EU. That part is not really in question. The amount would always have been a path of negotiation, but overall we all saw that part coming. So initially the news ‘UK must pay for Brexit or EU is in ‘deep trouble’, says German minister‘ (at http://www.theguardian.com/politics/2016/aug/29/uk-must-pay-for-brexit-or-eu-is-in-deep-trouble-says-german-minister), was not overly a surprise. The added ‘deep trouble‘ was also never an issue. I can do you one better. I made that prediction on May 15th 2013 in the article ‘A noun of non-profit‘ (at https://lawlordtobe.com/2013/05/15/a-noun-of-non-profit/), which is in a time when the press on a global scale would remain in denial that this was realistic. Oh how the mighty get slain!

It is however the subtitle of the article that should wake you up: “Sigmar Gabriel warns UK must take responsibility for vote that has left Europe as an ‘unstable continent’“, to which my initial response would be “Is Mister Gabriel slightly non-mentally comprehensive of the mess you economy ministers all over the EC bestowed upon Europe?” It is also in my diplomatic and subtle view that until close to a dozen economy ministers are held accountable and serve actual prison sentences for squandering funds, for over inflating their economy and switching to managed bad news up to 6 months later, whilst we all knew that none of these forecasts were anywhere near realistic. So until those people are in ACTUAL prisons, the UK cannot be held responsible for the irresponsible acts of others. I mean, let’s face it. I saw this coming 3 years ago and I do not have an economy degree. So how stupid are Sigmar Gabriel and his economy cronies to begin with? Then we get the quote “Gabriel warned if the issue was badly handled and other member countries followed Britain’s lead, Europe would go “down the drain”“, which translates to Sigmar blaming the bad track the EC has as France and the Netherlands (and at least two others) are now seriously considering how stupid the Status Quo path was to begin with. Pretty much another issue I have been raising for 3 years. Or as one might diplomatically phrase it: ‘It really sucks to be the Dow Jones Indexes’ bitch!‘, a lesson several nations are about to experience a lot sooner than they bargained for when the second player exits the EU. In addition I can also report that that is also the moment the DJI will look a lot less healthy than it did in 2009, so rough seas are coming.

So when we see the response from Angela Merkel, which was “Rather than rushing into activities, we should perhaps first take time to think about what we, as the 27 countries, must do better“. My sober response would be ‘How about nearly everything?‘ I still think that pouring a trillion plus into some stimulus was not the greatest idea to have, to do it a second time is just plain stupid. Especially when none of the 27 nations have any funds to truly support this, and as per recently, neither does FIFA, so that ship sailed too! So as there was news last week on how resilient the Eurozone was, means also that the claim by Sigmar Gabriel should be seen as null and void, so when after 12 weeks of stimulus (or in Feb 2017, whichever comes first) we start seeing less optimistic news that some expectations had not been met, will they throw Mario Draghi into prison for intentional wasting of funds? Of course not! He is just doing what the Americans want him to do, to create a vacant non-realistic sign of economic increase. You see, that part will happen when you spend 60 billion a month for the second time around. By the way, does anyone know how much those economies went forward after the spending stopped? Not that much, because a second Kickstarter program is required. Oh wait, that program will end next month, so as they need more, can we not see that this is not a solution?

There is one nice quote that Angela Markel gives: “member states must listen to each other carefully and avoid rushing into policy decisions. If you do it wrong from the beginning and you don’t listen – and act just for the sake of acting – then you can make many mistakes.“, which is acceptable and likely to be very correct, yet in that same light, this mess is because the EEC at large (with Germany as a major frontrunner) did whatever they could to keep the Status Quo, which was the first big mistake. Clever accounting has not done anything other than misrepresent the European economy at large. And as Status Quo events go, The Japanese economy who have been trying stimulus for many years is still not up to speed. It is Bloomberg who on August 15th stated (at https://www.bloomberg.com/view/articles/2016-08-15/there-s-a-welcome-thaw-in-the-opposition-to-fiscal-stimulus), “U.S. public debt has risen sharply since 2008, and demographic trends will keep pushing it higher in the longer term — but with long-term interest rates at their current depressed levels, borrowing for public investment has never been more affordable. If the money is spent wisely, it will spur growth, which would help to lighten the projected debt load“, really? So not only can the US not pay for the interest at present, it is borrowing even more for public investments. There is nothing against public investments, yet what I see is the fact that not only can the US not afford it, there is on this world not enough funds to cover for only the US and Japanese debts, so where is all that money coming from, because the impact will be massive. That event might not be far away, as Arnaud Montebourg, France’s former Minister of Industrial Renewal is now starting to side with Marine Le Pen on Frexit. President Hollande might be partially blind to this, but former French president Nicolas Sarkozy is no longer that certain. This means that 2 of the 3 parties are considering Frexit, making the referendum a decent certainty. The anger that France has in regards to both Youth unemployment (well over 22%), as well as the terrorist attacks, we might not be able to tell which factor is the strongest here, but both have an impact. Almost 2 weeks before the Brexit call, France had a pro referendum number over 60%, I cannot clearly see where the French stand at present, but with President Hollande not making any statements on that subject that those numbers have ‘dwindled’ implies that the number is likely to be decently past 50% and as we see more politicians there mention the chance of Referendums (other than Marine Le Pen) is an indication that the next large election (France), would soon follow with a referendum call, so then we are at the place where Sigmar Gabriel accuses the UK of, for the economic setting of the EU. An accusation that can be countered quite clearly and decently easy.

So when you consider whether I am just stupid and my view holds no water (a fair point of view). I would counter, because I added the references and the evidence. When you wonder if I am truly that super intelligent I counter equally with the fact that my University grades are mere passes with an occasional Credit or Distinction and none of them in economy, so there are more clever people out there, but I reckon that digging into this was never their priority.

So why is the press not properly investigating (in opposition to reporting on quotes) regarding that side of the events Europe and the rest of the world faces?

I’ll let you ponder that!

 

 

Leave a comment

Filed under Uncategorized

In opposition

I have been waiting for the dust to settle a little. I predicted the dangers of Brexit 2 years ago. Even if there was no guarantee it would happen, the danger was realistic. Only the most naive person would be able to sit down and claim it was never a reality. Too much issues have been ignored and shoved under a bridge where no one will look. The reality is that people were looking and the tainted waters were there for all to see. As a conservative it is also my need to call on my party to wake up. The first rude awakening is seen in the Guardian (at http://www.theguardian.com/politics/live/2016/jun/28/brexit-live-cameron-eu-leaders-brussels-corbyn-confidence). You see, the title is the first issue “‘It was not our responsibility’ to have plan for leaving EU, says Osborne“, in that part I state, ‘No, George, it is most certainly your responsibility!‘ and that realisation needs to hit you all sooner rather than later. No matter how we got here and no matter that it was UKIP pushing this cart, the fact that 51% of the British population has no confidence in the EU makes it for the governing party a must to address and the Governor of the Bank of England has given several reports regarding the consequences of Brexit, two of them that are not shown to the public at large, one of them for the Chancellor of the Exchequer, also known as George Osborne. He will have a hard task ahead, but governing is about challenges and meeting them, so the response ‘It was not our responsibility’ should be regarded as incorrect.

I wonder if I should put myself up for election, would people vote for me? I would run as a conservative, yet that is not a problem, I like a challenge, because no matter what UKIP thinks, it is most certainly not ready to govern the UK and governing is what is required in the stormy seas that will require navigating the next 3-7 years. You see, the economy will take a hit, but finding new ways to grow is where the challenge is and success will give new strength to the phrase ‘Rule Britannia!

You see, there is a lot wrong and some of this is due to political ego. The strongest examples are Jeremy Corbyn and Tim Farron. The biggest loser in that regard is clearly Jeremy Corbyn. Not because we was unable to achieve a Bremain result, but because the issues in play have been around for a lot longer than he is and as such he has done little to nothing to address these issues. When we see the Independent state ‘The Labour leader called on people to unite together to oppose racism but did not address the challenge to his leadership’, one must wonder if Jeremy Corbyn had a clue to begin with. Let me explain this, because this is not some anti-Corbyn event. The quote ““Can we all agree we are going to unite together as one people, one society, one community, to oppose racism?” he asked the crowd. “Don’t let the people who wish us ill divide us,” he said“, this is where we have the issue. You see, as I see it, Brexit was NEVER about racism. I have addressed the issues on many occasions and whilst there will always be some with racist tendencies, the massive issue was the economy, blatant overspending and a Status Quo driven EU parliament who was eagerly spending other people’s money. The fact that Jeremy did not address this issue is one of the reasons why this went tits up!

I have mentioned it for the better part of a year and I am not the sharpest tool in the tool chest. So if I can see it, why can’t he? It is also not a mystery that the Bremain power is in the big cities, places that overspend and need that credit line to continue, the credit card users (especially in London) will be the biggest losers, which makes them the strongest supporters of Bremain, but also a minority. The addressed issue could have propelled the Labour party, of course they were the biggest wasters of budgets in the last two administrations, so they would not be able to shout it the loudest.

The other losing party is Tim Farron. Now, I would almost give him a pass (I did say almost), but as the leader of the Liberal Democrats he needs to address what the people want, what the people need and seeing the words ‘Lib Dems to pledge British return to EU in next general election‘ is almost too pathetic for words. His failing strategy is not addressing the issues at hand. The Guardian map clearly shows it (at http://www.theguardian.com/politics/ng-interactive/2016/jun/23/eu-referendum-live-results-and-analysis), the simplest example (Sandwell), it is so labour that the only game that the two conservatives can pull off is a game of Ping Pong between the two of them. There is not a racism issue, there is a massive problem with trust towards the EU and the non-Grexit is only one of three massive pillars that gave Brexit the power is needed. Let’s get back to Tim Farron. You see, if he wants to have any decent chance he needs to become his own main man, he needs to become a leader, undoing issues whilst not comprehending the fallout will get a person a clear vote of ‘no confidence’ soon thereafter. He should grow the LibDems and weirdly enough it is by actually talking to the conservatives on tactics. He cannot become a ‘conservative lackey’ as Nick Clegg has been accused of being in the past. He needs to become a strong voice within the Lib Dems by learning what ails people and by adjusting his vision to what the people need. You see, that works out in two ways for me. Where ever Labour and Conservatives were, UKIP did not achieve victory where the Lib Dems were a stronger option. There is a lot of terrain they lost, but there are options of winning them back, which can only be achieved if Tim Farron shows himself to be a leader. The evidence (at http://www.theguardian.com/politics/ng-interactive/2015/may/07/live-uk-election-results-in-full), area’s like Newbury, Horsham, Dorset North, Stockport & Luton, places where Tim can grow the Lib Dems by chiselling away on UKIP. Yet, he needs to realise that the people voted because they have issues, mostly with the economy and the irresponsible acts of the EU. Until they are really addressed, the quote ‘return to EU‘ would more likely become the beginning of a joke at his expense than an election promise that has any level of realism.

Are there more losers? Well, that is a matter of perspective. You see, the SNP needs to wake up and realise that being in any EU whilst you cannot hold your economy above water will be the fastest way to diminish one’s self towards irrelevancy. Even if we give a little weight towards the words of Nicola Sturgeon in the Huffington Post, the phrase “a vacuum of leadership” applies to Nicola as much as the other political players. Like Nicola there is Angus Robertson, who according to the Financial Times (at https://next.ft.com/content/8c0588c9-22f3-3f98-a424-4a0a9dd53a18) stated “We have no intention whatsoever of seeing Scotland taken out of Europe. That would be totally, totally democratically unacceptable. We are a European country and we will stay a European country“, well you are still part of Europe, just not part of the EU. So, the man is not the brightest. In addition, Angus seems to have his head screwed on backwards. You see, I was always in favour of growing an independent Scotland, but at present they have no way of doing so. The simple issue is that Scotland cannot make ends meet, if they were independent, they would soon grow into the poorest one in Europe. Angus forgets that UK money is finding Scotland for a fair bit, until they can address this and grow a surplus budget without using the oil funds, than we should reconsider Scotland. They have either missed opportunities or ignored them altogether. It is not for me to say and we can all understand that Nicola Sturgeon is focussed on a Scottish Scotland, but at present we have seen that Scotland cannot make it on their own. So when we realise that we see that Angus and Nicola are whistling a tune that no one can dance to. It is dangerous! Now, if the change allows to grow economic opportunity in Scotland, than that would get my undivided attention, but for now, that is not happening. Giving rise to the question, ‘where should Scotland go‘, which is a fair enough question, the fact that the answer is ‘nowhere soon’ is equally a fact and the two political players should have realised this before going into speech mode and they should have moved into lecturing mode by making the people around them more informed and seeking options, not obstacles. Because in that regard, the UK could still be massively helpful.

So here I stand, in opposition of what is settling. We see in equal terms the issues now playing in France. An issue I partially predicted, with one exception. The fact that Frexit sentiment is growing faster than I predicted is not all due to Brexit. The news (at https://www.rt.com/news/348422-hollande-rejects-frexit-referendum/) gives rise to more issues. You see, the quote ‘President Francois Hollande has firmly rejected calls for a referendum on leaving the EU‘ might be fair, but what about the alternative? You see, at present will over 62% in France now wants a referendum. It was initially mentioned by Front National and this is all about Marine Le Pen, but the French people are growing the need for their own EU referendum. The fact that it is vastly above 50% gives rise that in France not all is well and not dealing with it is the biggest mistake President Francois Hollande could make. On the other hand, the French have a nice history on what to do with political puppets so this event could grow its own nice little tail. Whether it is a nice or a nightmare one remains to be seen. Brexit might be triggering a few other counts, the fact is that the EU has played a dangerous game for too long and people are walking out.

In all this, we see that some are now going for petitions regarding a second EU referendum, wasting more time, more money and more resources, whilst the EU refuses to clean its act up. It refuses to temper overspending and refuses to hold over spenders to account. Greece is small fry in that ocean, all this because the clearest of evidence is ignored.

There is an issue with the EU and their flaccid dealings with the national responsibility of its nations and we can no longer afford to be a part of such mismanagement. That should have been clear for the longest of times, the fact that the press skates around it also implies that denial is part of a larger problem, one that made the people rise and vote Brexit. Making that mistake twice is one that could break the British economy. So do not give in to the whims of Wall Street, block it from all your data streams and decide for yourself, what is the best use of your time?

Because I am not convinced that it can be found within the EU at present. Oh and for those Liberal Democrats not thinking it through, consider that when the UK gets back to the EU and France leaves it (something that is very likely at present), the mess you create at that point will be one that cannot be resolved, you will actually kill the UK economy.

 

Leave a comment

Filed under Finance, Media, Politics

Ignoranus Totalicus

We can see the title as a pig Latin version of being a ‘complete dumbass’, which stands opposite of the Latin phrase to be all knowing as ‘sciens omnia’, yet who is this ignoranus? That is very much the debate. For this we need to take a look at a few sources. Let’s start the game at the Guardian. The first one (at http://www.theguardian.com/politics/2016/apr/22/barack-obama-brexit-uk-back-of-queue-for-trade-talks) is ‘Barack Obama: Brexit would put UK ‘back of the queue’ for trade talks‘. You see, after the quality voice Mark Carney gave at the House of Lords, one would initially expect that a president (even a lame duck one), would bring his ‘A’ game to the table. That part in question is indeed in doubt when we see the following parts: “And on that matter, for example, I think it’s fair to say that maybe some point down the line there might be a UK-US trade agreement, but it’s not going to happen any time soon because our focus is in negotiating with a big bloc, the European Union, to get a trade agreement done”. You see, the statement might sound correct, but it is not. You see America is not (read: no longer) about ‘trade agreements’ it is about non-accountable agreements of exploitation. The fact that this same president nags about taxes and tax havens, is the same person that allows for massive tax havens on American soil, not addressing those and in that same light takes an 180 turn on taxation in the meeting in the Hague as I mentioned in my earlier blog is part of the issue. These actions are matters of great concern. I wonder why we even bother listening to a president who will be out of the office in a mere 6 months. If this was such a big deal both nominations for president would not merely make a statement. The next part gives more than one issue “Obama argued that it was much more efficient for the US to negotiate with the EU as a bloc, rather than attempt to take on “piecemeal trade agreements”, and suggested that Brexit would send a signal of division to the world“, it is indeed more efficient, but moreover, it makes for easier exploitation. Exploitation is at the heart of this matter and the bulk of the politicians tend to have the spinal cord of a paperback, not one hardcover amongst them. The final part is seen when we get “This is a decision for the people of the United Kingdom to make. I’m not coming here to fix any votes. I’m not casting a vote myself. I am offering my opinion, and in democracies, everybody should want more information, not less, and you shouldn’t be afraid to hear an argument being made”, which is fine in one part, but consider the cost of a president appearing in person when a TV message could do the same if it was merely to ‘offer an opinion’. America is afraid, it has never been this bankrupt before, this deep in debt and the toppling of the Euro will crash the Dollar, that could  push no less than one third in a state of poverty. Wall Street and the financial connections are making their toll and the exiting president is doing whatever he can to keep the American nightmare alive, it does not matter who comes next for the mere reason that Brexit comes when he is still in charge. If Brexit comes into effect he will see the Dow Jones drop to a level not seen before, because Brexit is a guarantee that France will demand a Frexit referendum. This would guarantee the end of the Euro and as such the dollar cannot continue on the level it is. My voice is on par with justice minister, Dominic Raab. As he states ““You can’t say on the one hand that the US-UK special relationship is as strong as ever and always will be, and in the next breath say take my advice or you go to the back of the queue,” he said. “I don’t think the British people will be blackmailed by anyone, let alone a lame duck US president on his way out”“, he gives a truth that matters. This was not a simple visit where it is about an opinion. This is about the US being in such deep debt that Brexit could start the collapse of the US economy and its currency. This whilst still under this president. This president needs to get results before the end of his presidency, if that does not happen, than the 44th President of the United States Barack Obama will be the president who ended the American dream and started the American nightmare.

The next article, also in the Guardian gives us the quotes from Hillary Clinton, and as such she illuminates the issues that Britons have had with their situation. The quote “transatlantic cooperation is essential, and that cooperation is strongest when Europe is united. She has always valued a strong United Kingdom in a strong EU. And she values a strong British voice in the EU“, we do not object to that view, we all object to the non-accountability that large corporations (not just American ones) have, most of them American. President Obama signed his own political ‘death warrant’ when he made the administration to do a 180 about face in 2013. The quote 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 I reiterated in ‘Delusional‘ (at https://lawlordtobe.com/2016/04/07/delusional/), can we agree that places, most of them valued at multiple billions, don’t really need tax breaks? That misjudgement of such Titanic proportions is now the millstone around this president’s neck. Yet this is not the only part, it is about timing, which started when the issues in Greece escalated. That started the path we are on now. As the people at large became more aware on the one-sidedness of the EEC and the way their savings are now dwindling down is how the people started to side with more right extreme parties. There are more relevant quotes from President Obama in this article too, but they do not require comment, if you do not grasp the casual way that America ignored issues that hurt the bulk of the entire planet, than you are either too young, or you are unable to grasp the danger you are in.

Yet this is not the end. The independent (at http://www.independent.co.uk/voices/barack-obama-on-the-eu-referendum-i-wont-tell-you-how-to-vote-but-heres-how-i-want-you-to-vote-a6997436.html), we see another side. We see a likeminded article, the issues that I have been writing for some time. The quote on Boris Johnson matters. We get to read: “Johnson did indeed make the point that the US would never accept the kind of external authority that he thinks the British should continue to accept. But his clowning in his first paragraph obliterated that important debate and undermined his own authority“, which is a truth, yet the issue that matters is that on the other side Mark Carney as Governor of the Bank of England gave a response in the House of Lords that was so strong that it swayed me from Brexit to Bremain. I remain on the fence, as neutral as possible so that the people have at least one source that they can trust to be trying to remain neutral. I regard myself a conservative, yet this goes beyond mere politics. This vote, whether Brexit or Bremain will influence the life of the voters as well as their children. If you are 18 and still a virgin, worry not, this referendum will set the tone for the next 15 years at least, so any children you create in the next 10 years will likely see the consequence of this outcome.

In the final part of part 1 there is the Washington Post (at https://www.washingtonpost.com/politics/obama-plunges-into-heated-debate-over-britains-future-in-the-eu/2016/04/22/43657cba-0867-11e6-a12f-ea5aed7958dc_story.html), for the most it was all said before, yet the Post had one gem that does matter: “Even though Obama has been outspoken in his support for Britain staying in the European Union, analysts urged him to tread lightly on his visit. “This is an emotionally charged discussion, and it really does not respond to calm, rational logic” said Heather Conley, a senior European analyst at the Center for Strategic and International Studies in Washington”, she is setting the correct tone here but is missing a key element. As I stated in the past and in this piece, where I am not going anywhere near ‘calm rational logic‘, I am going towards the exploitation drive that corporate America has shown as well as the flaccid response of the last two administrations in that regard. What Greece started, the American response to greed from the financial industry did not help any and this American president is too clear a reminder of that fact.

So now to answer the question ‘Who is the Ignoranus Totalicus?’ It is you and me (more you than me in all honesty). You see, many people are not getting properly informed about the consequences of either Bremain or Brexit. They flock together with the person they ‘trust’, with the politicians that gets them those 15 seconds in the limelight. This referendum is too important for that, which is why there is turmoil, not just in the Conservative party, but in nearly all parties except UKIP. If you want to be the ignoranus, than be happy in that. For those who are worried (and you all should be), you need to get the proper information, get the real points, not just the one the press gives and go to the voting booth clear of mind and sound of choice, so that the choice you made reflects the future you seek for you and your family if you have one (or going to have one).

This is the one part that everyone seems to agree on, either side, the impact will be long and lasting, if you at least got that far, then you are on the right track and in this case it is perfectly fine to be selfish and consider only what is best for you and your family, because that is the one that matters.

 

2 Comments

Filed under Finance, Media, Politics

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!

 

 

Leave a comment

Filed under Finance, Law, Media, Politics

The excuse from a failed politician

The NHS has been in the news more than once as it is an important issue. It is today’s article in the Guardian that is a much bigger issue than most people will realise. Let’s take a look at the issue. The title ‘NHS would be put under threat by Brexit, says Jeremy Hunt‘ (at http://www.theguardian.com/politics/2016/mar/26/nhs-under-threat-from-brexit) is only the beginning.

To show you part of this we need to look at this part by part. The first part is shown at the very beginning “The National Health Service will face budget cuts, falling standards and an exodus of overseas doctors and nurses if the UK leaves the European Union, health secretary Jeremy Hunt has said“, which gets my initial response ‘Let me play the worlds tiniest violin for you Jeremy! Why don’t you consider an alternative job like in a taxi or perhaps become a barber, it’s just a suggestion!

Is my response to harsh? In this light, which should always be considered, we need to state the following:

  1. The NHS will always face budget cuts, Brexit is not a factor in that reality. Remember that the NHS works off the UK national budget, which is under pressure to say the least, the EU donation not being the smallest expense in all this.
  2. Failing standards if Brexit happens. This might be the most ludicrous reasoning. Ludicrous because standards are either being met or not and at present from several sources they are not being met, the EU seems to be setting unrealistic high requirements in some cases, requirements that many nations are failing, it should be about British standards, they should be the highest and they should be met, EU be damned (and all that).
  3. An exodus of overseas doctors and nurses when Brexit happens. This could have been an issue, but it was clearly stated in my blog ‘The News shows its limit of English‘ (at https://lawlordtobe.com/2015/06/22/the-news-shows-its-limit-of-english/), where I showed how both Sky News and the Guardian were basically fucking up and creating unneeded panic. That article called ‘New immigration rules will cost the NHS millions, warns nursing union‘ showed the lack of investigation by both news sources as the UK government had published clearly in section 79E ‘is expected to demonstrate that he is being paid either at or above the appropriate rate for the job, as stated in the Codes of Practice in Appendix J‘, the nurses are clearly mentioned and the expected income as set out in the charter.

As I see it, I had to explain that to the press in my article on June 22nd 2015, so why would Jeremy Hunt state option C? In his defence, some people might be nervous if the UK leaves the EEC, yet a British passport is one of the most revered ones on the planet. So any non-EU medical employee would do a lot to gain that status and the UK government has done its share of keeping these highly qualified people interested in staying in the UK. So tell me, why is Jeremy giving us part C?

He actually gives us a decent answer through “Hunt argues that, with the NHS budget already under huge pressure, funding levels can only be maintained if the British economy remains strong“, it is only partially an acceptable answer as the NHS has been a mess for almost half a decade now, so these issues had been known, even if Brexit is an additional element, the danger of Brexit had been a fact for at least 6 months, that is, the chance of it becoming a reality, so the consequences of diminished economy has been an element for almost a decade. Even as the UK had been fortunate, the dangers of a receding economy have been a danger for the larger extent and when we realise that other EU nations have not been this fortunate, we should see that part in the light of ‘Jeremy hunt has had an economic advantage until now’. Not being ready for that risk is clearly a failing of health secretary Jeremy Hunt (as I personally see it).

After that he then kicks in his own windows when we read “He cites a series of economic surveys, including from the CBI as evidence of the adverse impact of an exit on the UK economy“, the CBI survey, which was an absolute joke, as shown in ‘Is the truth out there?‘ (At https://lawlordtobe.com/2016/03/21/is-the-truth-out-there/), it makes for a decent read and shows how the CBI survey could be seen as another chapter from one of the most famous books in statistics called ‘How to Lie with Statistics‘ by Darrell Huff, a 1954 publications that shows us never to ignore the classics.

The quote: “Hunt suggests that progress the government is making in employing 11,000 extra doctors and 12,000 more nurses will be threatened and warns of the “damage caused by losing some of the 100,000 skilled EU workers who work in our health and social care system”. Some could leave because of uncertainties over visas and residence permits, he suggests“, which again I consider to be a load of (the word starts with a ‘B’ and ends with ‘locks’). There shouldn’t be any uncertainties on visas or residency permits and offering that even as a suggestion makes (again, in my personal opinion), Jeremy Hunt unqualified for his present position. It is his job to create calm and take stress away, not to introduce additional stresses to an area where he already failed, in addition to these points I am raising, personally, as a conservative. I believe that there are questions on Brexit and to be against Brexit might be the party line, but there are too many questions regarding the European Community, there are conservatives who seem to support Brexit. For one there is Lord Chancellor Secretary of State for Justice Michael Gove, who gave his reasons at http://www.independent.co.uk/news/uk/politics/eu-referendum-michael-goves-full-statement-on-why-he-is-backing-brexit-a6886221.html, that part is not up for discussion. The only quote in all this is “The EU is an institution rooted in the past and is proving incapable of reforming to meet the big technological, demographic and economic challenges of our time“, which applies to the NHS because it is facing both technological and economic challenges already. The Labour party bungled the option to get part of the technological solution implemented that could have helped the NHS (perhaps you remember the loss of roughly £11.2 billion in NHS IT restructuring).

My issue in all this is that (again, as I personally see it) Jeremy Hunt is not much of a visionary, which means that as expected, he will follow the party line as any governing body needs to adhere to. Yet in all this, scaremongering is the wrong approach. We need to be the enlightened party, the leaders that give rise to inspiration by properly informing the people. The growing problem for the Conservatives is that like Michael Gove, more will see that the EU has stopped being a solution. Many will not be as eloquent as Michael was in his essay, as printed by the Independent. This does not matter if we are united in finding a solution. My big worry is that scaremongering is a dangerous tactic. It is also the wrong one to make for the reason that enlightening the audience creates trust, needlessly scaring them will only drive part of our party towards UKIP (or Labour), a choice that is a lot more dangerous! To govern one must be elected and the view given at present is not that encouraging.

Stephen Dorrell, the former health secretary and ex-chairman of the Commons health select committee gave us this “EU research programmes and single market legislation have greatly strengthened European cooperation in this area with substantial benefits for both healthcare and employment in the UK. It is a simple fact that Brexit would put all this at risk“, which we might see (initially), as a fair enough statement. Yet in my view, the information could be regarded as incomplete (read: speculative view). You see, when we consider Stephen Dorrell, Healthcare and Public Sector Senior Adviser to KPMG in the UK (at https://home.kpmg.com/uk/en/home/contacts/d/stephen-dorrell.html), we need to consider what KPMG could lose, apart from the NHS £1 Billion revenue solution, as one might phrase it. When we re-consider the info the Guardian gave, which is correct in the view that NHS funds will find cutbacks, KPMG has a clear danger that it will reflect on their 10 figure deal, all in pounds and a lot less on medical staff. This gives an additional weight to the view that Stephen Dorrell did not give all the information, because there is a lot more, not on the hands of Stephen Dorrell or in the hands of him mind you, but in the hands of his friends (read: associates), possibly with KPMG who are realising that Brexit will impact their juicy pharmaceutical profits, with a growing chance that India could move more and more into the UK pouch of generic medication and the expenditure cutback solutions they bring. Now, reader be warned, there is a fair bit of speculation here (the part about India), that speculation is partially because I think there are long term solutions here for the Commonwealth at large, partially because it seems to me that I (and the public at large) have had enough of fat cats (especially pharmaceuticals) avoiding taxation to the degree they have whilst selling overpriced solutions, that are being re-patented again and again.

The list of misinformation appears to be growing and I am trying to offer resistance, because my party should be better than that! After all, we aren’t the Labour party!

 

1 Comment

Filed under Finance, IT, Media, Politics

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.

 

Leave a comment

Filed under Law, Media, Politics

Murder or simply killing it

Europe remains on our minds from several directions. The fact that the start of Brexit is 13 weeks away, so basically we have now entered the final quarter of a union that basically never was. A union that did little good for too many people and a setting that well over tripled the cost of infrastructure. All elements that are shifted around, as they aren’t clearly in budgets on reports and more important, a place of spending that is not being properly monitored or controlled.

We might all think that the EEC was so good for us, but was it really? When you are not in a high position in a large corporation, how did you really benefit? The last 15 years have been a mere exercise in exploitation by big business and short cut seekers. In all this after Brexit, the situation will remain. When goods are needed, people will buy them, which is why I oppose certain articles from the Guardian. One of them (at http://www.theguardian.com/politics/2016/feb/28/brexit-would-affect-lives-of-millions-official-uk-report-says) states: ‘Brexit would negatively affect lives of millions, official UK report says‘, yet is this altogether true? let’s take a look at some of the quotes “The 10 years cited in the report includes the time it would take for Britain to exit the EU, to set up a new trade and related agreements as well as negotiate fresh trade deals with the US and other countries“, I regard this to be untrue. You see, everyone wants to sell, if the UK wants to buy, than those nations will oblige. More important, HM Revenue and Customs (at https://www.uktradeinfo.com) shows that UK imports is a lot higher than exports, which means that the UK is spending between 10 and 20 billion a year more than it receives in exports. Do you believe for one second that those nations will not find an immediate solution here? The damage of the UK getting its goods from a secondary source is too scary for THEIR economies, so you can bet the house on a solution being found almost immediately after the changeover comes. The second quote which is important here is “It says the only legal way to withdraw from the EU is through article 50 of the treaty of the European Union. But it argues that there is no precedent for this and that Britain would be unlikely to achieve a successful negotiation in the two-year time period it sets out“, here I also disagree. The paper Withdrawal and expulsion from the EU and EMU (at https://lawlordtobe.com/wp-content/uploads/2015/07/ecblwp10.pdf) sheds light on this. On page 11 we see “One is that a right of unilateral withdrawal existed even in the absence of any explicit reference to it in the treaties, since sovereign States were, in any case, free to exercise their sovereign right18 to withdraw from their international commitments19

The references there are:

18. ‘Sovereign power’ has been defined as ‘power not subject to limitation by higher or coordinate power held over some territory’ (MacCormick (1999), p. 127).

19. See Zeh, p. 209. This proposition is in line with the decision in Maastricht Urteil (BVerfGE 89, 155 of 12 October 1993) where the German Constitutional Court stated that the States are still ‘the Masters of the Treaties’ and can always decide to abandon the EU, revoking their acts of accession by a contrary unilateral denunciation; and more recently in its decision in Lisbon Urteil (BVerfG, 2 BvE 2/08 of 30 June 2009) the German Constitutional Court found that the EU, as designed by the Lisbon Treaty, is not a federal state and that constitutional safeguards of national identity clearly exist under EU law.

Which gives us actually two issues. The first is that from the descriptions we see, that the EEC could be seen as a tontine. Here we see the following concept “Each investor pays a sum into the tontine. Each investor then receives annual dividends on the capital invested. As each investor dies, his or her share is reallocated among the surviving investors. This process continues until only one investor survives. Each subscriber receives only dividends; the capital is never paid back“, how is that any different? In addition, the EEC does not give dividend, it costs more and more money, in addition, the nations involved aren’t adding capital, they are adding debt and the last surviving nation ends up with all the debt. From that version Brexit makes perfect sense and getting out first seems to be an imperative need (the second one is further down the article for a reason).

There is one element the Guardian did get right “It also warns that the rights of 2 million British expats to work and access pensions and healthcare in EU countries may no longer be guaranteed“, I am on the fence here. I personally believe that if expats want to live their pensions away in Spain or Greece, than this should remain a possibility. I agree that there might be initial issues, yet those people might be permanent residents as such it should not affect them other than the pensions being a problem and that should not be the case. In addition, if the government does do a 180 on this part, it will be directly responsible to get affordable housing for those 2 million people. There is no way that this would work and it should not be an issue. A pensioner gets their money, it is deposited in whatever account is specified and that is pretty much the end of it in my book. Do you think that Spain, in its current economy would walk away from hundreds of thousands of paying Britons? I think not!

These are some of the oppositional issues I have with the article of Anushka Asthana, Heather Stewart and Nicholas Watt. It is however not the only article, because there are a few sides to the EEC at present, a pressing issue of refugees is an element and it is partially driving Brexit too. The article of a debatable level here is ‘EU acting like ‘human trafficker’ of refugees, says Austrian minister‘, the core of this is “Sebastian Kurz said that “in Greece refugees are being waved through to the heart of Europe. That is simply unacceptable in the long run. The European Union cannot act like a human trafficker.” Restoring the Dublin and Schengen agreements, he said, had to be a priority at the meeting between the EU leaders and Turkey“, as I stated before, it is like listening to someone who lost touch with reality (to some extent). In the first, the EU are not trafficking in refugees. Greece is completely overwhelmed by those refugees arriving via Turkish smugglers. Greece has no infrastructure to deal with the issue and the bulk of all the refugees do not want to stay in Greece, they want to go to a German or English speaking nation, in a pinch a French speaking nation would suffice. That is a clear fact as we have seen it for a long time, in addition, the part “had to be a priority at the meeting between the EU leaders and Turkey” here he seems completely intent of not calling the kettle black, because Turkey is massively responsible for the mess at his borders, as well as the Greek borders. Allowing free passes to smugglers and looking the other way as thousands of refugees are making for Greece. It seems that this short-sightedness is also fuel for both Brexit and Frexit. Now, I will immediately accept that Austria and Germany are getting swamped too. There is an issue, no one denies that, but taking Greece out of the solution was a really bad idea, especially as Turkey is part of the mess, not part of any solution. As the borders in Germany are back up, as borders close, we see another quote. When we read “Yet there will be little sympathy for Berlin from Hungary, Italy or Greece, which are bearing the brunt of the mass arrivals of people from Syria, Iraq, Eritrea and Afghanistan“, which is fair enough. Yet, as stated earlier: “This proposition is in line with the decision in Maastricht Urteil (BVerfGE 89, 155 of 12 October 1993) where the German Constitutional Court stated that the States are still ‘the Masters of the Treaties’ and can always decide to abandon the EU, revoking their acts of accession by a contrary unilateral denunciation“, the intersections of the two situations is found in the works of Juli Zeh.

This now reflects also on the second issue, the first I described earlier, the second issue I skipped until now. This all comes from an article titled ‘Union Membership: Accession, Suspension of membership rights and unilateral withdrawal. Some reflections‘ by Jean-Victor Louis, an honorary Professor from the Free University of Brussels. In his reflections on Page 11, we see: “The future will say if the prevision of unilateral withdrawal will be a “source of pressures and blackmailing against the general interest” or prove to be a useful way out of undesirable changes in the working and orientation of the European Union. Juli Zeh concludes her in-depth analyses of the right of withdrawal by quoting an Estonian member who expressed “hope that this clause will never be used” and indeed she is right. We would like to suggest that the Union should conceive and put in practice an accession policy for the future in order to avoid unilateral withdrawals“.

The interesting part is that at no time any consideration is given to the accountability of national needs and national acts. Consider the overspending of the budget by 12 trillion euro’s (total EEC debt including UK), or the fact that the bulk of the European nations remain incapable of keeping a budget. One could argue that not unlike a contract, the presence of unfair terms are not binding on consumers and the trader may not rely on them. Is the European Union any difference?

The last one is not really that sellable, but the premise is, in addition, should certain parties be investigated for neglecting ‘their’ national need? That question arises from the initial PDF mentioned. Here we see: “As one author has written, there are three main reasons why the treaties were silent on withdrawal: first, it was in order to avoid putting question marks to the Member States’ commitment to the achievement of their shared objectives; second, it was because providing for the possibility of withdrawal might have increased its likelihood; and third, because to provide for this possibility would entail the daunting task of spelling out the procedure and consequences of withdrawal“, this now implies that the creating parties set up an unbalanced situation and in addition the elected politicians at the time did not do their homework and created a dangerous situation to their national need. Am I the only one asking the right question here?

So will Brexit turn out to be murder, or will the British be killing it? Where will the economy go? These are questions that many sources are answering in their view, emphasising their need to be in-EEC, or out-EEC. I have my own view, but I do not have any useful answers. You see, there are issues on both sides, yet as I see it, the scales that are in favour of the UK seem to lean towards out-EEC at present. This view will be interfered with, especially by the USA, as it will topple a massive economic minefield which will blow up in all our faces, especially the value of the Dollar. Yet, the status for the UK would remain strongest if they leave first, especially if the Commonwealth unites with the UK in a strong economic bond. If we find a way to keep import low by utilising the Commonwealth bonds that Commonwealth nations have, the UK coffers would grow better, faster and higher. In the end, Brexit or not, a solution for the refugees must still be found, closing the borders to them completely is as unacceptable as it was for Austria to keep Greece out of the debate. How these parties will be resolved is a question that remains without answer as the involved parties have a hard time agreeing on the resolution, which is fair enough, there are no easy answers, as there is an equal concern that a solution is not forthcoming any day soon. For that Greece would have been needed to create locations, an option Austria decided to take it out of consideration, something that will haunt us for a little longer than we are all comfortable with.

 

Leave a comment

Filed under Finance, Law, Media, Military, Politics

Where we fail again

There is an issue, the issue is in Greece. This issue is not because of the Greeks, it is not because of anything they did. They are just unfortunate to be the second nation on the route of refugees. Here we see failings on multiple levels, none of them are Greek! You see, this is all due to a youngling named Sebastian Kurz (the Austrian Foreign minister). Extremely bluntly stated, as I see it, this man looks like a teenage boy hoping to get his first gob job! From the Deutche Welle (at http://www.dw.com/en/austria-not-waiting-for-a-european-solution/a-19071556), we get “if Greece refused to protect the EU’s external borders and continued to let refugees travel to Europe, and the EU still had no common solution for the problem, Austria had no choice but to deal with the situation on a national level“. In this regard, my still fuming mind goes: “Well Sebastian, once you stop thinking like a teenager and actually start focussing on the elements, you would see that is Turkey and not Greece that has been the problem. That nation, that had no issue shooting down a Jet after an alleged transgression over Turkish airspace for a mere 10 seconds, that nation seems to give clear passage to refugees any way they can, they even get their hands on boats so that they can make it across to Greece, at which point Greece can either let these people drown or let them ashore.” Did you consider that even once?

Where was Austria and a group of other nations to support Greece in dealing with these refugees? Did you consider that Bassie boy? No, as I can see it, you did not. You just held a one day conference with all the trimmings, so that you could show Albania, Bosnia-Herzegovina, Bulgaria, Kosovo, Macedonia, Montenegro, Serbia and Slovenia how important you pretend to be, so is that important or impohtent? Greece has a lot to deal with. One article (all from the Guardian) states ‘Up to 70,000 migrants ‘may soon be stranded in Greece’‘, which will trigger the Greek Army, but they are equally impaired to the task. The second one gives us ‘Double crisis deepens despair in Greece’s ‘warehouse of souls’‘ and the third one gives ‘We can’t allow refugee crisis to plunge Greece into chaos, says Merkel‘. All true, all factual and all incomplete!

Only now do we see in the SF Gate (at http://www.sfgate.com/world/article/Turkey-pledges-to-slow-enormous-tide-of-refugees-6859342.php) ‘Turkey pledges to slow enormous tide of refugees‘, where we see “Turkey all but turned a blind eye last year as more than 850,000 people, most of them Syrians, slipped into Greece from Turkey on smugglers’ boats. Now it’s promised the European Union that will change“, can anyone explain why we tolerate the political joke Turkey has become? The nation that had no issues with a Russian Jet is unable to stop Turkish smugglers. Perhaps the Turkish navy is still relying on equipment from WW1? I am just asking!

Yet, Sebastian Kurz has made no allowance for this at all. He is perhaps hoping on an anti-Greek sympathy vote? From all we see, is the fact that not Greek, but Turkey seems to be a massive problem in all this and now the smugglers got their gains, everyone points at Greece. It is unfair, incorrect and lacking justice on many levels. And in this age of humanitarian need, why do we read “In return for trying to stem the flux, Turkey is to receive a $3.3 billion fund to help it deal with the refugee crisis, a much-awaited easing of EU visa restrictions for Turkish citizens and sped-up EU membership talks“, so apart from not doing their jobs, we see that too many events fall on someone else’s job list at the premise that Turkey is getting something out of this for themselves. How is that anything else then a continuation of selfish needs against the backdrop of the EEC? First we could not deal with Greece (the part that was their responsibility), in all this we have the unacceptable acts by Turkey and now we add to that the immature acts by the Austrian Foreign Affairs Minister hiding it away as a mere conference. Now on the other side, there is no doubt that the pressure is on Austria, but blaming Greece for something that has been out of their control is, as I see it is a total sham.

Greece needs to do more, yet that is not possible and equally unacceptable with massive funds from the EEC and IMF. Turkey might have been strategically a better solution, but it has shown from 2001 onwards that it could not be trusted, and an ally that will only stand by others for a price is not an ally, it is a courtesan at best and a mere mercenary at the worst. There is another benefit, with this change, with these registration systems, it could lead to economic options for Greece. These registrations need to happen, which means jobs for the Greek people and data for the other EEC nations. An idea that came to me months ago, it seems such a simple solution that solves a few issues, yet politicians seem to be immune to solutions, they much rather have one day conferences and leave an ally out of it all, whilst ignoring the acts that could have helped the EEC as a whole. Minister of National Defence Panos Kammenos would have a central role in this. Together with Germany they could instigate a new identity card that holds biometric data, a card that could start the changing path of refugees into a slow path to a future, wherever it could be in Europe. The more confirmed identities there are, the better the options become and the pressure over other nations would start to diminish as solutions are created, one step at a time. A mere solution I saw last year, all we now see in the papers is how close to nothing has been achieved. This all escalated a mere moment ago when we got ‘Teargas fired as refugees try to breach Greek-Macedonian border‘ (at http://www.theguardian.com/world/2016/feb/29/teargas-fired-as-refugees-try-to-breach-greece-macedonia-border), the danger is that a mass of people pushed into a corner will do what it needs to survive, and this is close to getting out of hand. In all this Greece now needs to step up to the plate, which they might be willing to do, but if the EEC does not do anything in massive support, the actions will not be realistic. A situation that now develops was clear that it would become unmanageable almost a year ago. How interesting that those relying on ego and presentation will remain in denial until the first casualty comes, right Mr Kurz?

In all this, I do acknowledge that Austria has a problem, it has had one for a while, but the simple story is that those refugees never saw Greece as a Destination, they are aiming for Germany, France and the United Kingdom. That too has been known for a very long time. Which gets me to one part that does fall onto Greece, that is seen in the quote: “Volunteers described scenes of mayhem at passenger terminals in Piraeus and the arrival hall of the former Ellinikon airport in Athens, where up to 4,000 have been housed. “We should have resorted to using the armed forces long ago,” said one. “[But] being [a] left wing [administration], there was hesitation. There were humanitarian values we wanted to uphold.”“. You see, I agree, the army should have been deployed, yet everyone forgets that an army can be deployed for humanitarian purposes. You (in an oversimplified way) replace his rifle for a clipboard and you give him a pink or light green armband (or a white one with a red cross and a red crescent), so that the refugees can see the difference. So that they see that help is no longer a dream but an option.

I apologise for oversimplifying the matter for Austria and its small one day conference, where it remains debatable if anything useful evolved from that expensive event.

 

Leave a comment

Filed under Finance, Media, Military, Politics

Family of my enemy

There are all these expressions, like for example: ‘the enemy of my enemy is my friend‘. In this day and age, in the one place, the one moment when Marine Le Pen has a growing chance of becoming President of France, her father, for whatever reason is now trying to thwart her chances. This is the one clear evidence that ‘Family of my enemy is my friend‘. The quote “threatened his daughter and sent her an ultimatum, to ensure the “unity of her movement and of the national movement“, must make François Hollande and Nicolas Sarkozy howl with laughter. Euro Disney could not come up with this plot! In addition, the quote “We must not lose part of our political capital in the hope to conquer others. You have to be yourself”, which reads like: ‘be the ultimate extremist of yourself, as outspoken as possible‘. The reality is that some will listen to the very old man, giving rise to internal opposition towards Front National. I still believe that an actual Brexit will give a massive sway towards Marine Le Pen. There are two factors that will change it. The first one is either Hollande or Sarkozy to get on the Frexit horse, this would be the most powerful deflator for Front National and here is the kicker. If Hollande does this before the Brexit vote they will actually expedite that what neither wants. We have seen in the previous round that they will combine powers just to prevent Marine Le Pen from winning, which could be seen as betraying ones constituency on one side and in my book there is no other side. The entire approach reeks towards the fact that Sarkozy and Hollande will do anything to stay in the Euro and keep Front National out of Élysée Palace. Is that truly representing ones constituency? We can argue for either side. Yet it could all be moot if Mademoiselle’s Le Pen’s daddy goes extreme. Her victory could turn instantly from definite into possibly, maybe. This is not a solution for her side, which the other players definitely love. So the problem for her side is now starting to grow. Her chances are growing fast, but only if she can get a handle on daddy dearest. For her opposition this is great, should their dreams come true, if they escape defeat by Le Pen, the speculation would become whether the gilded tombstone will read ‘Jean-Marie Le Pen, deceased, as is Front National, I killed my own party and we never got to govern because I would not trust my children‘, which could end up becoming a tourist attraction, which is also good for France.

Yet, the issue does not stop in France, recently we have seen issues rise in both the Netherlands and Italy. First the Netherlands. For this I will use the Irish times as a source, so you won’t need to learn the complications of Google Translate. For example ‘schijt lijster’ does not mean ‘shit thrush’, but ‘coward’. So let’s take a look at a decent version of reporting, where (at http://www.dutchnews.nl/news/archives/2016/02/geert-wilders-is-a-threat-to-democracy-says-labour-chairman/), we saw earlier this month “Wilders told a gathering of far right parties in Milan 10 days ago: ‘If I am the biggest and the other politicians won’t work with me, then the people will not accept that. Then there will be a revolt. We won’t let that happen“, which is a fair enough statement to make. The statement “Wilders has ‘let the genie out of the bottle’ with his calls for ‘resistance’ to the establishment of refugee centres and warnings that his supporters will ‘revolt’ if the PVV is not part of the next government, Spekman said” is in that context not correct, what Geert Wilders has stated that if he becomes the biggest (which is statistical likelihood at present) the other parties would need to work with him. This is at the core of the Dutch issue. In the past, not entirely unjustified did parties turn their back and all support away from the PVV, which in light of Dutch liberalism, if THEY think it is too extreme, there should be an issue. What becomes partially the issue is “The threats being made against local politicians are an attack on democratic decision-forming, the Labour party chairman said. Wilders, Spekman said, should take back his words. ‘The genie has to be put back in the bottle and Wilders has a role in doing that.’“, this is not correct. You see, for a long time there has been a growing aversion against more refugees. The Netherlands, pretty much the smallest nation in Europe is 7th on the GDP list, largely through transport and processing services. It has a comparable GDP with Turkey but is only 5% in size. It has a population size that is only 3 million less than Romania, yet 16% it’s size. So a population pressure that is 5 times higher. In addition, the local population have for a long time made the argument that the value of houses would decrease when a refugee centre would be added in near proximity. However, that last fact has never been proven with factual data, partially as the Dutch house market has had many fluctuations.

In light given another part is also ignored. When we see “threats being made against local politicians are an attack on democratic decision-forming“, there is a clear side that is ignored. The fact that the population is more and more agitated by these events is also a clear sign that political parties are about international visibility. The voter has been ignored too many times, this is exactly why the PVV had grown too much. Local politicians proclaiming to be international players all in the interest of ‘self’ is why this shift is happening. In addition, to some extent I still believe that a coalition government should be seen as the most corrupt form of democracy (not just a personal view). We see on how politicians will advocate ‘a little water added to the wine‘, this has been happening in the Netherlands since the 80’s, which means the politicians all get what they need, but the population gets a mix, no longer having the ability to differentiate water from wine. What they are left with won’t kill them, but it should be regarded as undrinkable. The people at large have had enough. The fact that the PVV is now regarded in the Netherlands as the largest party is a blemish on the political shield. The true political titans that the Netherlands had like Joop den Uyl, Hans Wiegel, Dries van Agt and Hans van Mierlo. These titans were true politicians, when den Uyl fought van Agt on the political battlefield it was a sight to behold, there was a true fight for their constituents. I believe that this fight is gone, as a majority is no longer an option it became about compromise and from the 90’s onwards there was too much compromise where parties gave in to big business and certain scandals (there will always be scandals in every nation) were almost a cornerstone of political office.

It is not really that much of a wonder that Geert Wilders grew to the extent he has. This now reflects back to France. As France is now making more and more compromises (Team Hollande/Sarkozy), we see a local population that has had enough. A united Europe has brought them too little, or nothing at all. In that regard many European nations are now more and more pushing the ‘nationalism’ button, after too much hardship the people are accepting that story, even though in the back of their mind they know it will not bring any ease to their hardship. After a harsh decade where large corporations gave millions to their top dozen, these people will now try ‘anything else’. It is the ‘else’ part that is bringing the problems known as Brexit and Frexit.

So in countering the statement by the Dutch Chairman of the Labour party, I would state “Mr Spekman, your party lost close to 50% of its power, because of self-serving bias. The pension plan is perhaps the most visible one. A long fight that had no option of getting won. Instead of fighting a useless battle, accepting the reality of a sliding age of retirement and presenting the demand for reinforcements and growth of the total pensions, giving way to a more secure future would have been the real solution. Your party never sold it correctly and did not terms of preparations which would have made all the difference. You lost the faith of your constituents!” which would have been my response to that disaster. In that light people are now listening to someone else, it is not up to me to decide whether he is the wrong person.

In light of that, as he stated in a Dutch Newspaper “Het optreden van Geert Wilders brengt democratie en rechtsstaat in gevaar“, “The acts of Geert pose a threat to democracy and the rule of law“, is that truly the case? If he is a threat to the rule of law, he would be breaking the law and he can be prosecuted, he cannot be a threat to democracy, in that light, you and your posse (your coalition partners) are that threat. The threat is there because the people have been ignored for too long and they (well over 25% have had enough), in that light, how often will a Dutch politician state ‘it is a complex situation‘ to avoid giving a clear answer? How many of the clear answers given turned out to be ‘half-truths’ or ‘incomplete answers’? In that light, who is the threat to democracy? In that light, Mr Spekman should realise (fast) that should the PVV win, he has no option, but to either find a way to work or to create a minority coalition. Should that happen, than perhaps Mr Spekman might want to try to remember what happened on August 20th 1672 and especially WHY it happened.

Even as the mood in France is not that grim, the issues are now quickly evolving. The investigation into the Nicolas Sarkozy 2012 election charges, which according to the French population is not a good thing. According to the poll 77% regard Mr Sarkozy ‘a handicap’ to his party’s ambitions, within his party, it is Alain Juppe who has 55% of the votes within the party (at http://www.connexionfrance.com/france-politics-les-republicains-nicolas-sarkozy-president-francois-hollande-alain-juppe-survey-17738-view-article.html), in that light, as Sarkozy designed a coalition with Francois Hollande, who is dealing with disastrously low ratings. So as the two French parties are in turmoil, there is a clear path for Front National to get national gains beyond the two areas where they had an advantage. An option for Marine Le Pen that is now in danger as her daddy seems to have a failing level of logic and even less faith in his youthful young daughter.

Even in this light, there is still an issue with Greece, as their economy created the dangers of Brexit and Frexit in the first place. However, in this case it is NOT Greece that has the blame here. In this case, the refugee issues that are fuelling election, we see a Greece that is in the middle of a scenario they did NOT create. In that light we need to look at the issue of Austrian short-sightedness. Greece is the first port of call, not by choice, by mere geography. Austria seems to forget that Turkey (stupid is as stupid does) is doing what it can to get the people away from their turf into the next one (Greece). So the quote “Sebastian Kurz says that Greece has “clearly expressed no interest in reducing the (migrant) influx and in contrast wants to continue waving them through” ” is already a first issue, because the refugees DO NOT want to be in Greece, they want the juicy places like Germany and the UK. Which means that they will end up getting through Austria. In my view, how was Sebastian Kurz elected for office as he has such a failing view of geography and logic? Greece should have been the guest of honour at that event!

You see, people (read: refugees) need to be processed, they need to be identified and assessed on optional issues of security. That system would bring jobs and possible economic support to Greece, whilst the EEC gets the data it desperately needs. So as we see (at http://www.ekathimerini.com/206291/article/ekathimerini/news/austria-defends-excluding-greece-from-migrant-conference), so as we look at the quote “the conference is set up in a “regular format” that does not include Athens“, to which I reply: “such a conference requires intelligence and clear thinking, so Minister Kurz, will you therefor be equally absent?

That for the mere reason that the intelligence required would be the data your neighbours desperately needs (which includes Germany and Italy). I wonder if that conference will lead to anything truly productive, or will it just be good food, hookers and a few days away from their offices? I’ll let you readers contemplate that part.

All these events are interconnected, and it is not even the complete story as Italy is missing in all this, but that is for another day.

Leave a comment

Filed under Finance, Law, Media, Politics

Omphalos and its syndrome

This syndrome comes from the references of Delphi and the ‘navel of the world’, which is what Delphi was regarded as. Nowadays, we see Omphalos syndrome as the misguided belief that a place of geopolitical power and currency is the most important place in the world.

I believe that to be no longer correct, I believe that it has been ‘converted’ into something slightly more generic. I believe that it should be seen as ‘the misguided believe that its choice of management and achievement of profit are the most important in the world’. Let’s take a look at a few examples.

 

A is for Apple

‘Apple apologises over Error 53 and issues fix for bricked iPhones’ (at http://www.theguardian.com/technology/2016/feb/19/error-53-apple-issues-fix-bricked-iphones) shows the first example. The entire error53 mess is a direct example. It goes on to the core that we now see “Apple has released a fix for users affected by “Error 53”, a software issue that rendered useless iPhones that had had their home buttons replaced by third parties“, The initial response “At the time Apple said that Error 53 was a security feature to protect customers” reads like a joke. The mere alternative that was open was that any non-Apple certified method meant the wiping of data would have been enough. It took me 5 minutes to come up with that solution. A mere auto wipe of all data. No we have to read quotes like “Apple has apologised for Error 53 and said customers who paid for an out-of-warranty replacement for their phone should contact AppleCare about reimbursement” as well as “Solving Error 53 does not re-enable Touch ID, as a third-party replacement of the home button could potentially allow unauthorised access to a locked phone by modifying the fingerprint sensor“. It would have been the simplest of solutions to go through the re-enabling system again. All these simple solutions, all because apple wanted to enforce the repairs of their phones to what they consider to be THEIR allowed service repair shops. An application of greed, to maximise profits, not the openness of what was once the Apple OS X through a Unix open source system, but the mere stranglehold of a greed driven corporation. It was brought to light by several articles in the Guardian and an initial customer service based solution comes “after widespread publicity and the Californian tech giant being served with a class action lawsuit over in the US and attention from a competition watchdog in Australia“, I wonder how many IOS people will start considering Android now.

 

E is for Eisai

This event is taking us back a fair bit, around 2000 Eisai came with its Alzheimer’s drug Aricept (donepezil). The fact that profits grow by 100% might not be the biggest thing on the planet. Yes when the LA Times (at http://articles.latimes.com/2012/mar/22/health/la-he-aricept-fda-20120323) reported “FDA officials should not have allowed it, the authors said, because the clinical studies Eisai offered in support of its application did not meet standards the agency itself had laid out“, in addition we see “it failed to yield the improvements that the FDA had set as a condition of approval“, in all this a clear investigation did not take place. It is still allowed, mainly because it is FDA approved. We see in other sources the claims like “Further, the higher dose was not superior on either of the pre-specified secondary outcome measures, which, as the FDA medical reviewer pointed out, argues that the cognitive difference was not meaningful“, which we get from the FDA Center for Drug Evauation and Research. Application number 022568: medical review. Aricept 23 mg tablets. (at www.accessdata.fda.gov/drugsatfda_docs/nda/2010/022568Orig1s000MedR.pdf), when we consider the source http://www.nhs.uk/news/2015/10October/Pages/Cheap-Alzheimers-drug-may-help-keep-people-out-of-care-homes.aspx, where we get the quote “a year’s worth of donepezil costs around £21 a year, compared with a year’s worth of care home costs – estimated to be between £30,732 and £34,424 a year. If the results of the study were replicated at a population level, this could save the NHS a considerable sum of money“.

This is where we see another version of Omphalos syndrome, “the misguided believe that my version of cost cutting is the best in the world“, at this point, we should investigate the players and consider whether a case for criminal endangerment exists. The fact that sources have shown ‘evidence’ as per 2007 gives rise to a failed system, not just the NHS, but the leeway for pharmaceuticals as, from the given reports failed to yield the improvements that the FDA had set as a condition of approval, making the question why on earth was it approved at all and why are certain diseases used for marketing a cash cow, more important why is the NHS not loudly and outspoken dealing with this? Especially as www.NHS.UK is involved in promoting articles in favour of Aricept (donepezil).

 

I is for Insight Enterprises

This is a side that rests with Omphalos, yet in all this it is in equal measure a situation we must accept. Insight Enterprises did nothing wrong, it made a choice, it’s governing body stated ‘this is the best path, this is the golden solution’, we must accept that any governing body, being it corporate or governmental will be ‘smitten’ with Omphalos Syndrome. So as Microsoft changed the partner program in 2014, Insight Enterprises saw the filling of its corporate coffers trickle down to zero. (at http://www.crn.com/news/channel-programs/300079674/insight-enterprises-absorbs-another-hit-after-microsoft-partner-program-changes.htm). We can debate the mess Insight Enterprises received, the near simple answer is that Microsoft had to change programs, any large corporations will do that. Any program they offer and device tends to be ‘fluidic’ over time. Yet when we see the quote “The changes also affected Microsoft’s Licensing Solution Providers, like Tempe, Ariz.-based Insight, which are the only partners Microsoft allows to sell licensing agreements to large corporations“, which is now showing another side. Does this make Microsoft narcissistically selfish or just plain sociopathic? You see all narcissists are selfish, but not all selfish corporations are narcissistically in nature (which is proven as greed we put the greedy in front of a mirrors), yet in all this, is this a sociopathic side in Microsoft? Well, that is a debate for another day as the entire Omphalos topic would soon get too murky.

 

O is for Omphalos

As shown in the last example, we tend to see Omphalos in a bad light. Which is not all correct either. On the other side we can take Bill Gates and his Omphalosian approach to IT. This got us DOS and later Windows. On the far side of the scale of limiting, there is the view of the truly visionary, but that view needs a start. Here the Omphalos syndrome works in another way. As I see it, we can accuse Bill Gates, Steve Jobs and Larry Ellison on that list. Yet, we only did that AFTER they became successful, the not so successful are usually never heard of again.

In this world today, the foundation of ‘the most important place in the world’ is less and less applicable, it becomes a world of solutions, an amalgamation of aggregated values (the European Economic Community being a nice example). Yet the foundation of how to go about it was done in a very Omphalosian way. Especially when we consider the past blogs on how only self-proclaimed departures were the option. Which is exactly where Brexit is now. As Brexit gains momentum we see that the Omphalosian solution was the most dangerous here, it took one of the smallest nations (Greece) to push their non-accountability for the entire EEC to be in turmoil, with now a decent chance of collapsing the EEC as well as the Euro as a coin. Even as the United Kingdom is not on the Euro, France is and a Brexit will soon push for an additional Frexit. In that regard, the Financial Times quoted Florian Philippot who stated “the idea of challenging greater EU integration had become “taboo” in Europe. “The more we talk about it, the more people will vote against it,” he said” (at http://www.ft.com/cms/s/0/58f9cc98-ce51-11e5-92a1-c5e23ef99c77.html#axzz40fDAW3BL). This is yet another side of Omphalos, actually two sides. The foundation of Omphalos is based on one view, if that view does not evolve or alters as time goes by, that view becomes less and less actual. The view becomes an act of obstruction at best and debilitating at worst.

In the second part, we have forever seen the Omphalos syndrome in its power core on the scope of government (read: Communistic), in that view we forgot that it is corporations with their view on the ‘only’ solution that is now impacting the lives of people in several (read: many) nations. In that same view we see that the old approach to currency is no longer the same. Most values are too dependent on independent views of static organisations and their push for changed industrialisations. How come that the value of a coin is now directly impacted by places like Dow Jones index, Nasdaq, Standards and Poor, the IMF, the ECB and so on? Governments allowed themselves to be directly be valued from what is perceived to be an ‘independent’ side. This is the other part that drives Brexit and other plans to no longer be part of anything. There is a near global consensus that these sources can no longer be trusted. That their view is to some extent ‘Greed Incarnate’.

As I see it, there is no true independence anymore. When we read that Eagle Capital Management Invests $293000 and that J. W. Burns & Company Has $533000 invested in in SPDR Dow Jones Industrial Average ETF (DIA). When the index itself is invested on, the expectations of improved value must be met, where does that leave us?

 

U is for You!

Even when we see the old and the new versions of the Omphalos syndrome, we need to realise that what once seen as short-sighted and limited is now not so limiting. It remains (as I personally see it) as short-sighted as it ever was (only in the rarest of occasions is it visionary), but now, the impact is no longer limited to one government, now its short-sighted impact is nearly global. It hits parties in many nations and it does not stop there. You see in a governmental approach it is ‘set’ to be what is best for its citizens and in case of the EEC it is what a group of nations see. Now consider the application from corporations that impacts governments on a global scale, offices of standards that impact the dangers to lives on a global scale as it does not enforce its own given values. How can we be aligned to a limiting view that could cost us our lives and our choice of living?

So as you consider ‘the misguided believe that its choice of management and achievement of profit are the most important in the world’ also strongly consider what it will cost you, not now, but down the track.

Leave a comment

Filed under Finance, IT, Law, Media, Politics