Tag Archives: Elon Musk

Time as a factor

There are a few issues, I could sum them all up, but that is actually counter productive. You see, time does not adhere to anything, it is the big brother of nature, it creeps up on you and just when you think you have time left, it pulls the rug from under you and you have run out of time. The first example is ‘Energy shortage warnings across US’ the source does not matter (they are too busy using news as advertisement tokens) but the news can be found all over the field. And it is not merely the US, the EU (a Dutch example was given by me this year), the UK as well as several other places. With the exception of Saudi Arabia, Russia and a few other players, most are running out of energy options. There is a solution and Elon Musk and his energy solutions are part of the solution, I even gave a limelight on ‘Darkness through inaction’ (at https://lawlordtobe.com/2021/10/10/darkness-through-inaction/) on October 10th 2021 and even more around June 2020 with ‘Musings’ (at https://lawlordtobe.com/2020/06/18/musings/) there was more before that. I know Time, I have seen its many sides so I do know what running out of means. I reckon Elon Musk and others too. Driven to the next milepost they give the world more and more, but the governments and the greedy wannabe’s are making deals to take a sliver of that pie, willing to sink whatever saves them, because living in poverty is worse than death, so they will do whatever they can to stop the process, but now the energy shortages are adding up. We are running out of time and we might merely have 2 summer seasons left where EVERYONE can afford energy, after that all bets are off. So when we see the BS jerking around COP26, when we realise that we cannot evade oil and petrochemical solutions for now we see that those trying to bring us solutions are getting hindered by those who want to be in charge of it all, because energy becomes the next currency. Feel free to doubt this, but Saudi Aramco is now worth $2.3 trillion dollars making it the richest corporation on the planet. In less than three weeks it grew 15%, you still think I am full of it? And the Ukrainian mess does not help, as the EU and others refuse and ban Russian oil and gas, their situation bites more. A setting that was out in the open before the Russian situation started and it was out in the open. We merely ran out of time faster and I reckon that if the media does not openly expose those hindering some solutions are not given the limelight they deserve you will learn the hard way how expensive 2023-2024 will get. As I grew up I saw prices rise, but I never considered that essential needs like power, heating and food would become unaffordable. Time learned me that lesson the hard way. No matter how we look, we cannot see all elements coming for us and I like many (unless I sell my IP) will see heating, food, and electricity needs and like many others I will only be able to pay for two of them, so what will become out of reach for me? I cannot tell, it will be a roll of the dice.

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The bird and the cat

Yes, who has not heard of that setting, Tweety and the cat Sylvester, in real life duplicated by Twitter and fat cat Elon Musk. And in that setting most people will group behind the little budgie, yet is that a correct step? Reuters gives us ‘Musk says $44 bln Twitter deal on hold over fake account data’, the article (at https://www.reuters.com/technology/musk-says-44-billion-twitter-deal-hold-2022-05-13/) gives us “Musk, the world’s richest person, decided to waive due diligence when he agreed to buy Twitter on April 25, in an effort to get the San Francisco-based company to accept his “best and final offer.” This could make it harder for him to argue that Twitter somehow misled him.” I have an issue here. Face accounts in Twitter have been the setting of conversation in many nations. 

Trolls, click farms, and many fake accounts, all thee to give people false impressions, to fake that some care about issues no one cares about and to create flames. The problem is that Twitter is (or should) be aware of this. The element that is overlooked is engagement, Some looked into a similar setting in Facebook and it seems nice that one can buy clicks, but when someone in Utah sees that they get 150,000 clicks and 65% are all in Sri Lanka (or some other vague location), who does it serve? The one buying the clicks, and the one facilitating the clicks and it has evolved in an actual economy. So when I see “This could make it harder for him to argue that Twitter somehow misled him”, I wonder just how delusional they are at Twitter. There is a larger need to have two books, one with all the numbers and one filtering for expected fake accounts and it is not some small issue, the numbers are deep in the double digits at present, and as far as I can tell, Twitter and its CEO Parag Agrawal should know better. And now that we see “The estimated number of spam accounts on the microblogging site has held steady below 5% since 2013, according to regulatory filings from Twitter, prompting some analysts to question why Musk was raising it now. “This 5% metric has been out for some time. He clearly would have already seen it … So it may well be more part of the strategy to lower the price,” said Susannah Streeter, an analyst at Hargreaves Lansdown.” In this I wonder what (and how much) Susannah Streeter is getting paid for that view? I personally reckon that it has not been as low as 5% since 2 October 2018, when that columnist that no one gives a fuck about went missing, you know the one. And since the events Covid (2019) and The Russian invasion in Ukraine (2022) we are confronted with an even larger explosion of fake accounts. So when I see “The estimated number of spam accounts on the microblogging site has held steady below 5% since 2013”, my slightly less diplomatic view will be “Give me a fucking break please”. 

If there is one side where Parag Agrawal failed it will be to set a more realistic side to finding and creating a clear marker for fake accounts. Now, I get it, it will not be a simple setting, but I think we can agree that even Mother Goose will not tell the children in Digital Sleepy Town that 5% is realistic, no one is THAT delusional.

So when we see “prompting some analysts to question why Musk was raising it now”, the answer is rather simple, the analysts should have raised it themselves at any time since 2018 and who did? I reckon that list is rather short, perhaps non-existent.

So as some are willing to blame fat cat Sylvester, there are plenty of indications that Twitter is hiding behind some granny knowing that it was wrong from the very beginning. 

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At times I hate being right

To get that we have to take a trip into the past. To February 5th 2021. It was the day I wrote ‘Not a good thing’ (at https://lawlordtobe.com/2021/02/05/not-a-good-thing/). In the article I wrote about the energy shortage that certain players were certain to face. I also made reference to ‘Trillion Dollar Musk’ a story written on December 3rd 2020 (at https://lawlordtobe.com/2020/12/03/trillion-dollar-musk/). The important reference is “the UK has an increasing need for Scandinavian power and soon it cannot be met. I reckon that in the next 2-3 years that shortage will be close to systemic all over the EU”, with the added “now that the stage is here, Eon Musk has a massive opportunity and soon enough it will grow into Europe as well, I wonder who will cash in before the half baked solutions stir their ugly heads. Because the impact of that stage is not a good thing.” And now that we get the Dutch NOS making reference to “Companies that want to establish or expand, often cannot meet their energy needs. This applies, for example, to Royal Smilde Bakery in Edam, a retail company in bake-off products. The company cannot run at full capacity. “And that means we are not at the production capacity that the market demands,” says Andries Tuinenga. The grid operator has imposed a maximum on the company that may not be exceeded. And then the peak months are yet to come.” Now this setting comes early because of the Russian gas situation, but it gives a larger stage, the shortage is here now, consider the Netherlands going towards summer and if summer bites (a realistic chance) we see a nation with millions of AC units and no power to fuel them all. That is a realistic future this year and for two years they could have opted for discussions with Elon Musk and all his energy solutions but how many governments exactly have started this discussion? 

A stage I saw coming two years ago, so why isn’t anyone else? And the small laughable story by BBC Technology that gives us ‘Energy supplier counts cost of devices on standby’ (at https://www.bbc.com/news/technology-61235367) does not cut the mustard as I see it. Lets be clear, they are not wrong, but the setting is way too late for that. With the giggle moment supplied through “households would save around £55 per year by switching off all their devices when not in use. The organisation, which promotes sustainability and energy efficiency, did not give exact details of how it came to this figure.” I get it if everyone does that you do save, but at what cost? Larger changes have been needed for well over a year and the UK (EU too) are not ready. The age of ACDC is coming (hah, me making a funny yet again) and the saving will not operate the millions of households that want to enjoy the AC they have no matter how much DC it requires. I stated two years ago that energy changes were becoming essential, but it seems that governments has ego and ostrich issues. It seems that they all were willing to attack Elon Musk and too little of them would be ready to engage with him in serious conversation. Now that time is up they might all want him at the same time, as such it becomes a problem Anyway, should Elon Musk buy my IP, they get added hardship, because I can see that there are options (not big ones) to connect what I have to domotics and smart grids. So connect my IP to a smart grid and collect energy numbers from all the domotics around it. It is not what I had in mind, but it could work and the value of my IP goes up, so what do I care. 

The problem is that GOVERNMENTS should have been on this page in 2018, but are they? The fact that we see shortages now is not merely the impact of Russian choices, it was ALWAYS going to happen in this way, they merely got to this point faster in this way. So who will you blame? Will you have another go at Elon Musk, or will you start asking YOUR government for ignoring the painfully obvious for well over a year now?

I will let you decide. Have a really nice sunny not air-conditioned day today.

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Tweeter and Sylvester Musk

Yes, it seems like an animated fest. But there is a lot more under the hoods called media. Even there battle lines are being drawn. The problem is that this war is a little more annoying than other wars. T?he media is making sure that every statement is checked. And still there are multiple sides in this war. 

Forbes
Forbes is one side and gives us “Now, four years later, Musk’s desire to purchase Twitter may to be tied, at least in part, to his still-burning desire to correct what he perceives as media bias generally, and toward him and his companies, which is amplified on social media. Twitter’s board of directors has unanimously rejected his offer and vowed to fight the takeover bid. Whether or not he ultimately succeeds in purchasing Twitter, his views about free speech and social media are ill-conceived in at least three ways.” This is a fair point of view. The added “he does not acknowledge that rules pertaining to free speech in the United States are intended to constrain the actions of governments not companies or private actors. The First Amendment to the Constitution provides that Congress shall pass no law abridging free speech, significantly limiting government action. Over the last 230 years, U.S. lawmakers and courts have carved out a few carefully crafted exceptions to this absolute prohibition on government action.” Is equally fair, yet the missing part is that “U.S. lawmakers and courts have carved out a few carefully crafted exceptions to this absolute prohibition on government action” is that this is a statement that the media exploited to a large degree for the push of self. The media has its own media filter systems. They are called stakeholders and they have been around for over a decade, most likely longer. In a TV series called Torchwood, we are given “Harry Bosco was a man who would alter information fed to the public during the Vietnam War. In the words of Esther Drummond, “He did it by mistranslation. He couldn’t censor or change, but he could manipulate the English translation. Change one word, change the entire meaning.”” It is not far from the truth we see today. People are given filtered information, one sided stories and intentional mistranslations and it is EVERYWHERE. The Ukraine coverage by internet trolls on Facebook and Twitter. Filtering by deleting accounts on Twitter and the intentional one sided coverage in Syria and Yemen shows that this is going on and in the media certain stakeholders are as I personally see it filling their pockets. 

And when the additional “In the U.S., these free speech standards were never intended to apply to private companies. It would be especially counter-productive to apply them to social media platforms like Twitter, Facebook, Instagram, YouTube or TikTok. It is in both the commercial interest of these firms and the best interest of our society for them to moderate content on their platforms actively and responsibly. If they do not do so, their platforms will quickly be overwhelmed by spam, pornography, hate speech and violent incitement, misinformation, and conspiracy theories, which would drive away both users and advertisers”, and when you see “If they do not do so, their platforms will quickly be overwhelmed by spam, hate speech and violent incitement, misinformation, and conspiracy theories, which would drive away users” you know that I am right. The media is exploiting every digital dollar via flames, hate speech, misinformation, and conspiracy theories. We see them on pretty much ALL social media, so I reckon that that ship has sailed already. 

In all this, I cannot say whether Elon Musk will be a force of good, or bad for Twitter, it is interesting to note that there is a downside to Twitter and if Elon Musk will launch his version of Twitter, some version of Social Media, I will take notice get hop on board to see how good, or how different it will be. And whilst you are all so emotional on Elon Musk, consider that this might be a good thing. When you see the amount of seesaw data (either really good, or massively bad) news on Meta is handed to people via hundreds of sources. We see a slow but certain form of polarisation coming. These people will watch from the sidelines and they will see that whatever Elon Musk has might be an alternative. And it would work for Elon Musk. When he adds Hybrid to his system he would be able to steer in multiple ways and it should give him a larger benefit, especially when his cars have it and others do not, the bough breaks and the car industry will lose a massive chunk to Tesla. All sides that might, that could happen. But it is equally possible that certain sides will fall for him but not completely so. Basically the 50/50 split could become 70/30 with 30 going the Musk way and that is good news for Google, Amazon and Meta. Yet they will have to accept that Musk Social Media could become a powerhouse all by itself and at that stage whatever the Forbes people will say was bad news will get a really quick rewrite. That is how I see it.

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What’s the name, what’s the game?

I saw the news a few days ago, and for the most it does not matter to me, but there is an awful lot of hypocrisy going around and the media is (as I personally see it) as tainted as anything else. The stage is set to Elon Musk, or better stated is set against Elon Musk. Why? Don’t really know the man, but he seems the modern day Midas. Whatever he touches turns to gold. He made an upheaval in the battery market, the mobile market, the energy market. The man is (allegedly) an inventor like me, or he can see proper innovation just like Steve Jobs. How is this a bad thing? Consider the news that he was getting involved in social media. Why not? I do not know if it is a bad idea. But he has the dough to become part of it. Yet the Sydney Morning Herald gives us ‘Elon Musk launches $58 billion hostile takeover of Twitter’ (at https://www.smh.com.au/business/companies/elon-musk-launches-hostile-takeover-of-twitter-20220414-p5admv.html) as such lets take a look at what constitutes a hostile takeover? The definition gives us “A hostile takeover occurs when an acquiring company attempts to take over a target company against the wishes of the target company’s management. An acquiring company can achieve a hostile takeover by going directly to the target company’s shareholders or fighting to replace its management” is this true? CBS gives us ‘Elon Musk offers to buy Twitter for $43 billion’, so who is giving us the truth and who is giving a stakeholder a blow job? You think this is rude? You ain’t seen nothing yet. We can argue until the sun goes down, but the setting of finance is clear. If a company is worth it, or could become worth it, you buy it. This has been the case in many occasions. Yet no one is saying that about Microsoft and Blizzard. There we get ‘Activision Blizzard/Microsoft Deal Discouraged by Letter Penned by SOC Investment Group’, how quaint.

So it was today when I saw (at https://www.reuters.com/technology/twitter-adopts-poison-pill-fight-musk-2022-04-15/) ‘Twitter adopts ‘poison pill’ as challenger to Musk emerges’, it is the Guardian version where we see “The method, known as a “poison pill” in the finance world, suggests Twitter will fight Musk to prevent a hostile takeover. It would go into effect if a shareholder were to acquire more than 15% of the company in a deal not approved by the board and expires 14 April 2023.”You see my issue is with the ‘hostile takeover’ part. The guardian gives us those goods with “Jack Dorsey, Twitter founder and former CEO, noted in a tweet on Friday that such surprise purchases are always a risk for the company. “As a public company, Twitter has always been ‘for sale’,” he said. “That’s the real issue.” Musk is already facing legal action for his Twitter purchases, with one investor suing the Tesla executive in a potential class action lawsuit for failing to disclose his buy-up of shares before the required deadline to do so. The lawsuit comes as Musk faces a number of investigations by the Securities and Exchange Commission for his investment activities, including insider trading allegations related to his own tweets.” So we see ‘insider trading’, we see ‘hostile takeover’ but we are given no real evidence of either. Merely the word ‘allegations’ that everyone is overlooking. 

The stage becomes even weirder as we consider the actions that Microsoft unleashed on the gaming industry and it is casually trivialised by too many media outlets. 

In all this the statement “he wanted to release its “extraordinary potential” to support free speech and democracy across the world.” Is trivialised by “Twitter’s board on Friday unanimously approved a plan that would allow existing shareholders to buy stocks at a substantial discount in order to dilute the holdings of new investors”, there is no real setting of who these board members are, the media seemingly forgot about that part. These members that include Bret Taylor (SalesForce), Parag Agrawal (CEO Twitter), Mimi Alemayehou (Mastercard), Egon Durban (Silver Lake), Martha Lane Fox (House of Lords), Dr. Fei-Fei Li (Stanford), Patrick Pichette (Google), David Rosenblatt and Robert Zoellick (AllianceBernstein Holding L.P.) there was a unanimous objection to the purchase by Elon Musk and no media outlet had anything from these members with the simple question ‘Why oppose?’. There might be a very valid reason, but I and all others were not informed, so what gives?

We can speculate on why it was done. Elon Musk sees that the US is going after the billionaires. As such he might be buying anything he can to drop the tax rift, and lets face it, he has been turning things to gold and Twitter is a golden idea. So whilst we see all kinds of objections on how analysts see (and say) things like “KeyBanc Capital analyst Justin Patterson downgraded the social media company in the wake of Elon Musk’s buyout proposal. Patterson cut his rating to sector weight, after being at overweight since January 2021, saying that the potential for the Musk bid to “go up in smoke” will turn investor focus on a more challenging macro environment that elevates downside risk to financial estimates.” I personally honestly do not know what will happen, but when a person buys a company, a person that has transformed several companies into powerhouses, I wonder what really is going on. It could be simple, it could be complex, yet the larger station is that people laughed at Tesla and now we see “As of April 2022 Tesla has a market cap of $1.018 Trillion. This makes Tesla the world’s 6th most valuable company by market cap according to our data.” So as I see it, the joke is on them. What was an idea is now 6th on the most valuable companies on the market and that is behind Apple, Microsoft, Aramco, Alphabet, and Amazon and as I gave voice to Microsoft, there is every chance that it will head of Microsoft in the next 3 years. And that is whilst no one has a clue where Meta will end, because they will become part of the top 7 soon enough (2024), and that too is out into the market. So I have questions and the media is not asking the board members of Twitter, or Elon Musk a clear set of questions. And all that before someone decides to ask KeyBanc Capital a few uncomfortable questions. So what is in the name Twitter, what is in the name Elon Musk and what is in the shares game being played now. No matter what is happening, I feel certain that the media will not properly inform us, that mush seems a personal given. Yet in all this we see the approximation of “to support free speech and democracy across the world”, it seems to me that Elon Musk is giving us options, options in mobile technology and energy technology. Who else has been giving us that? I see questions and no one asking them, it is weird, is it not?

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Stop Stupid Spending

In light of my previous article (at https://lawlordtobe.wordpress.com/2022/03/29/a-dangerous-ploy/) ‘A dangerous ploy’, we now see the BBC giving us ‘Can the super-rich solve America’s budget problem?’ (at https://www.bbc.com/news/business-60904900) the simple short direct answer is ‘No, they cannot!’ You see, it is the American administrations who clearly overspend. When you create a $1,900,000,000,000, all whilst it represents double the amount you collect through taxation, you are the losing member of a losing party. And all the clever calculator games you play will not help you. It is a sliding scale from the decline of a decent amount of wealth deep into the debt and depth of bankruptcy is all you have to look forward to ad there is no going back from this path, the US is too deep in debt already. When it was clearly visible that the overhaul of tax laws was the only real path for over two decades, the superrich will not help them overcome anything, not even their own stupidity. So when we see “The proposal aims to capture more of the wealth created by the soaring stock market of the last few years. It targets the roughly 20,000 taxpayers in the US worth more than $100m (£76m). Investor Warren Buffett, Tesla boss Elon Musk and Amazon founder Jeff Bezos would be among those affected.” Yes you can try that approach, but in light of the money you are spending, money you do not have, it will amount to nothing. The first thing that they face is to reduce their annual budget to no more than $730,000,000,000 that is the the first thing that needs to happen, reduce it by well over 50%, that is the impact they need to face. And then those additional taxations will need to be used for 100% to reducing debt. Even then they will come up short for close to 12-15 years. Should any millionaire and billionaires have remained in the US, they could have a chance, but only if US spending goes down by well over 50% until well over 2037. That is the reality of the plight they face. So when you consider the harsh reality of “Mr Biden’s budget also calls for raising the income tax rate on households earning over $400,000 from 37% to 39.6% and increasing the tax on companies to 28%, partially reversing cuts made under the Trump administration.” It merely works if the overspending of budgets is stopped, if not this is a waste of effort and when the Americans run away from their land to try and keep what they have, we will see that zero tax havens will suddenly get an investors infuse of 200%, all whilst all this was clearly out in the open from 1999 onwards. So whilst you all consider “For the 2022 financial year, the annual deficit is projected at more than $1.2tn. Overall debt passed $30tn last month.” All whilst this administration wants to spend an additional $700,000,000,000, you see the first reality out there and it is not taxing the rich, it is controlling stupid politicians spending money they never had in the first place and it goes back to the age of Clinton, it has been going on for that long and now we see some knee jerk action that has no impact, not until the US budgets are under control. But go on, spend billions on some joke (aka USS Zumwalt class) for the amount of $4,400,000,000. And whilst we think it is cheap, consider 

That it was delivered in 2016 and from then on it faced a trial of break downs and repairs, it required redeployment of weapons, the smart guns never worked and it is now a missile launcher at 500% of the price of such a ship. That is where the budgets fall short again and again and that is merely the defence budget, a budget that has shown failure after failure. All this beside the infrastructure requirements that have not been met in close to half a decade, and they now want some lame ‘tax the rich’ approach to fix it all, all whilst the spending tap is not closed by 55%-70%. And as such, the super rich will never solve this problem. Not until Washington DC wakes up and smells the junk they shovel in. So whilst we see think tank after think tank contribute colourful mentions like “America’s 400 richest families have more wealth than all 10 million of the country’s black families combined, according to a 2020 analysis by the Brookings Institution, a Washington think tank.” No one is asking how large the price tag of that analyses was. We see a group of people blaming a group of people all whilst they enabled all this by not overhauling tax laws, it is now well over 20 years that spending needed to be overhauled, but no, even this administration overspends by close to $1,700,000,000,000 and it does not stop with the $1.2tn deficit, the interest of $30tn is also due and there is no solution for all that, the previous leaseholders of 1600 Pennsylvania Avenue made that mistake and it is about to get a hell of a lot worse, that much seems clear and when the brain drain starts in the US, whatever is left there will not be suitable or liveable, that too is a clear consequence. And it was not rocket science. When you spend more than you collect, when you spend more than you have, this happens and it is happening now and the superrich were never part of any solution, their spending and their own tax system was, and it has been clearly out there since 1999. 

And when you wonder why I mentioned the USS Zumwalt? Well Yesterday we got “With political and economic stakes possibly riding on a defense project that saw a 17% cost overrun from $12 billion to $14 billion and the number of vessels being dropped from 32 to only three, besides a raft of nagging flaws in the overtly advanced system, the USS Zumwalt series of warships will not be scrapped” three overpriced dinghy’s and they are about to refit them for “Advanced Gun System (AGS) will be replaced by another defining weapon of our times – hypersonic missiles.“ A collection of ships, not a decade old will face billions in cost for refit, its stealth hull no longer doing what it was designed to do. On the other hand, I designed a weapon to sink it for a mere $250,000 per deployment, so who was stupid enough to sign that contract at $14,000,000,000 per vessels setting the stage from 32 ships to a mere three of them? You really think the super rich were the problem or these overspending politicians with their heads in the clouds? Someone OK’ed spending $14,000,000,000 on something that never properly worked and they are about to spend more. 

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A dangerous ploy

Today, we see President Biden play a dangerous card. It is his version of ‘tax the rich’. Now lets be clear, I have nothing against it, I find it unfair, in stead of ‘properly tax everyone’ he goes after one group, a populist approach to this issue. A setting we see but do we see it correctly. Presidents going back decades have been unwilling to overhaul tax laws in the US. The difference here is that it comes with an added bonus. The article (at https://www.reuters.com/world/us/bidens-budget-boost-military-raise-taxes-billionaires-2022-03-28/) gives us ‘Biden’s budget boosts military, raises taxes on billionaires, companies’ it comes with the added text “U.S. President Joe Biden on Monday submitted a $5.79 trillion budget plan to Congress that calls for record peacetime military spending while raising taxes for billionaires and companies and lowering government deficits.” In 2021 the US estimates that they expect to collect $3.86 trillion. Expected does not mean achieved, it is an educated guess. In 2019 they collected $3.46 trillion. The 2020 numbers are also expected. So in this, how does the US give us a $5.79 trillion budget, $1,930 billion more than they will collect. Money the US does not have and the billionaire fix get them nothing more than about $360 billion in the next decade, according to the document. So $360,000,000,000 in a decade does not tell us how the US will survive $1,930 billion more than they expect to collect. An additional of $1.9 trillion more and there is no space to wiggle, the chance is that those with more than $100,000,000 will more completely to the zero tax havens like Dubai, Bermuda, Bahamas, Monaco and a few other places. It will start an economic brain drain and a wallet drain to boot. It is a dangerous play, especially as (again) no proper tax overhaul follows. 

As I see it, this dangerous play will make the rich avoid the US like the plague, for a lot of them it no longer pays them to stay there and the moment this administration figures that out, the danger will overwhelm them. 

What I do not get is why the overhaul of tax laws are avoided to this degree. You see, it has always been about proper taxing people. A setting that might not make people like Elon Musk, George Soros, Bill Gates and Jeff Bezos happy, but it is an essential one. As such the overall quality of life in the US will slip and slide to lower levels still. And when it does the average person will see no real reason to stay there, the exodus will start and it will stops the US industrial machine to a near standstill position.

So when we see “Called the “Billionaire Minimum Income Tax,” it would assess a 20% minimum tax rate on U.S. households worth more than $100 million. Over half the revenue could come from those worth more than $1 billion.” We need to realise that ‘Tax the rich’ is dangerous. I have nothing against taxing billionaires (I am not one, and the next 3-4 years I do not expect to become on and I am not American), but when it is unfair taxation, it merely means that the courts will overflow with cases and if the next republican president stops that setting the US will be nearly $2 trillion out of pocket yet again and no achievements were made.

That is the danger of the play and that is the case that will stop the US. Yes, the Americans are so much better off than the previous fellow, are they not?

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Don’t we have enough problems?

This started this morning. It started when three messages passed by my Chromebook. The first was (at https://www.aljazeera.com/news/2022/3/16/un-aid-drive-to-avert-yemen-catastrophe-falls-far-short) called ‘UN aid drive to avert Yemen catastrophe falls far short’, so in short, the UN cannot get it done, big surprise here (not really). The second one was from a different corner. The second one was Arab News (at https://www.arabnews.com/node/2044566/saudi-arabia) which gives us ‘Saudi Arabia pumps $19bn into Yemeni aid program: KS relief chief’, so if I see this correctly, the UN was unable to get it done raising only $1.3bn at Wednesday’s conference in Geneva, a little short of the $4.24bn they had hoped to get, a mere 30%, so we see the failure of one, all whilst the Kingdom of Saudi Arabia is pumping $19,000,000,000 into that place. And of course it comes with “He added that Saudi Arabia would continue to support Yemen through relief and humanitarian programs in coordination with international and local partners.” Yet the other side, the UN did not really give any notice of the efforts of Saudi Arabia does it, even as Arab News gives us “The event was also attended by UN Secretary-General Antonio Guterres, President of the Swiss Confederation Ignazio Cassis, Swedish Minister of Foreign Affairs Anne Lindy, UN Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator Martin Griffiths, and Saudi Arabia’s Ambassador to the UN in Geneva Dr. Abdulaziz Al-Wasel”, I saw no mention in the end in western papers. I did however find something else. 

The Sydney Morning Herald gives us (at https://www.smh.com.au/culture/celebrity/ex-bachelorette-georgia-love-slammed-for-instagram-posts-promoting-saudi-arabia-20220317-p5a5lf.html) the stage of ‘Ex-Bachelorette Georgia Love slammed for Instagram posts promoting Saudi Arabia’ and there we see “Georgia Love and Lee Elliott, who found romance in 2016 on the second season of Network 10’s The Bachelorette, have sparked controversy after the pair posted Instagram photos of themselves promoting tourism in Saudi Arabia.” The article by Robert Moran calls for more, hiding behind commenters whilst the SMH has not informed us on more than one occasion that Houthi terrorists were attacking civilian targets. The SMH also did not inform the people on the $19,000,000,000 event from the Kingdom of Saudi Arabia all whilst the UN could not get 25% done, they raised less than 10% of what Saudi Arabia contributed. If we are all bout fair and balanced, we need to start being fair and balanced. Iran executed 280 people in 2021, so where is THAT Sydney Morning Herald article? 

Is Saudi Arabia a perfect nation, no it is not. Neither is Australia, a nation who refuses to do anything about ageism. Two people promoted tourism in a nation we are not at war with, two people are doing something to open doors that others cannot be bothered knocking on. 

I think that the SMH dropped a few too many issues to be knocking on some door regarding promoting a nation. Oh, and before I forget it should I get that notion in similar ways, I would offer the 5G IP I have to the Kingdom of Saudi Arabia long before I would EVER offer it to Australia! Although, I would try to sell them some other IP first, including a story on how to assassinate a politician.

See how long it takes people to consider that Telstra is an increasing problem, not some solution. We see mere greed driven responses, instead of catering to the larger setting of the people. The AFR (Australian Financial review) gave us two weeks ago “A major upgrade of NBN services in country Australia will be part of a multibillion-dollar regional infrastructure package to be included in Treasurer Josh Frydenberg’s pre-election budget.” And you think this is god for the people. No, it was because ‘Major NBN upgrade planned to fight off Musk’s Starlink’, so why is Elon Musk with his Starlink a negative thing? Is it because it is bad, or because it is bad for players like Telstra and their ‘friends’? If I look at all the issues we face, I think we have more than enough problems. And the anti-Saudi rhetoric whilst WE never did anything in that region when it mattered is just insane, but we are their for Ukraine, it is politically convenient. I reckon the Syrians and the Yemeni’s will have to live with that decision. 

So whilst news dot com dot au “Georgia Love and partner Lee Elliot have deleted their Instagram posts promoting Saudi Arabia but they can’t hide from those tagging them”, it is just another another set of bullies who do not know what they are talking about, because certain media prefers not to inform them. And in the end, do I care? Nope, I never seen of followed Georgia Love. I personally think that the Bachelorette and like minded programs are a waste of my time. But I do care about bullies and that should be on the front of the line. So how much reporting did Robert Moran do on Iranian culture? Their humanitarian efforts? You see it is more likely not his cup of soup and the fact that a person like Georgia Love made the papers (or internet) means that he had nowhere else to look regarding culture. So whilst ABC gave us ‘Women are isolated in sports media, we need more allies for real and lasting change’ three hours ago, the Sydney Morning Herald was all about bully tactics, that is how I personally see it and it is sad that some resort to that, but on the plus side, I can at least make the claim that I tried to better the world by melting down an Iranian nuclear reactor, how is that for cancel culture? In all the issues we face Georgia Love should have been a blip on the radar at present, I personally reckon certain people got upset with the effort and the SMH obliged. That is my take on the matter, but then I could be wrong. You make up your own mind on where I stood, right or wrong?

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The bad track

I am optionally on the wrong track, yet it is not an accident, it is an intentional choice I make. You see, we see too many ‘populist’ settings going on and I am starting to wonder if we are on the wrong track. Now, most of us are clear. The war in the Ukraine is wrong, Russia started this and there needs to be repercussions. Some have taken to confiscate whatever they could that is owned by Russian Oligarchs (weirdly enough I see almost no residence confiscations in London). Yachts and all other possessions are available. I have mixed feelings. Those with clear support to the Russian government and what is happening now is clear. The rest makes me wonder and for some reason the AP article ‘Fleeing sanctions, oligarchs seek safe ports for superyachts’ (at https://apnews.com/article/russia-ukraine-vladimir-putin-boris-johnson-europe-united-states-10a82777a3b4a6ccafc38c223b659a03) something woke up. It was the quote ““We are joining with our European allies to find and seize your yachts, your luxury apartments, your private jets,” President Joe Biden said during his State of the Union speech Tuesday night, addressing the oligarchs. “We are coming for your ill-begotten gains.”” So, please explain to me (with evidence) those ‘ill-begotten gains’? It is a serious question. In this specific case we see Alisher Usmanov a metals magnate and early investor in Facebook. So how much did Facebook make him? Is that ill-begotten? There are two trains of thoughts. The first is that we see a new McCarthy mindset starting, which is their choice, but let’s be honest about it. The second track is that the US is so bankrupt that it is now in a stage to confiscate whatever it can to survive. I am not siding with Alisher Usmanov. And if he has done wrong, fine. But in that case this article was a piss poor job and then some. He was also one of the initial people connected to Mail.ru, so he seems to be a smart cookie who got involved with IT projects when it had the greatest impact, nothing ill begotten, merely good timing. Now, this does not mean that I am right, or that they are wrong. There is too much that I do not know. But this comes across as a legalised form of ‘Tax the rich’ which is now transformed into ‘confiscate whatever the rich has’ a democrat party BS approach. So what will happen when it is suddenly the wealth of Elon Musk, Warren Buffet, Sergei Brin, Larry  Page, Tim. Cook and Jeff Bezos dealing with the bills the American government cannot deal with because they refused to clean house for over two decades? 

The AP does give us at the end “But actually seizing the behemoth boats could prove challenging. Russian billionaires have had decades to shield their money and assets in the West from governments that might try to tax or seize them”, which is fair enough. I am still in the mindset that SOME oligarchs should pay, not sure if all should, but I do admit I really do not know any of them and the media cannot be trusted, they are all on the populist track. OK, not all, but way to many of them are. We can consider that Roman Abramovich was either good or bad, I do not know. Too be honest, I never cared for football (read: soccer) so I am a little out of touch there. But as far as I can tell, everything Roman Abramovich did was to ensure the stage of Chelsea and it’s continuation. We can boast that giving the sale of Chelsea to Ukraine is a political push (the man is a politician after all) and a few other sides as well, and there perhaps his deception worked. Because I personally believe that the man is a soccer nut trying to preserve Chelsea. Does that make him evil? I personally do not think so. I also understand that some policies will hurt the good and the bad, but there is an increased feeling that the US is doing it for other reasons and as the media have no given us a really good stage of where all these funds go, we should wonder what is going on. 

I am not stating that what is done is wrong, but I am wondering why certain things were done and WHERE these funds are going to. Is that wrong? So I might be on the wrong track, but it is mainly because no one is properly illuminating the right track and the media are all about ‘the quote’ but are less about the clear explanation. I merely looked at two people, the US has a list of 96 oligarchs. I reckon there are clearly a few super pro-Putin people there, and we get it, it will rain on the good and the bad alike, but it seems that the media has a lot to make up for, especially when it comes to properly informing us, because that lack set me on the track I am on now.

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Not just America

This train of thought started when the BBC gave us ‘Inflation surge sends UK interest payments higher’ (at https://www.bbc.co.uk/news/business-60117150). In the past, to be a little more specific with ‘Utter insanity’ (at https://lawlordtobe.com/2021/10/04/utter-insanity/) on October 4th 2021, with ‘How stupid are we?’ (at https://lawlordtobe.com/2021/09/17/how-stupid-are-we/) on September 17th 2021 and even before that going back to 2015 and 2016 I made it clear that debts have interest. The US (now at 28 trillion), Japan (well over 14 trillion) and the EU with several at €5,000,000,000,000 as well as the UK with well over £2,000,000,000,000 now sees (via the BBC) the quote “The Office for National Statistics (ONS) said interest on government debt hit £8.1bn last month – up from £2.7bn a year earlier.” Is anyone even surprised? It was always going to be worse, but I admit that was before Covid took centre stage, as these elements unfolded, debts all over the planet is soaring and the interest is due. And if you think the UK is in a bad setting, consider that France and Germany have a similar setting, but with a larger debt. Germany has options, yet I am not sure how many France has and as I am taking notice of it the article more thoughts come to mind. You see, I wrote with some degree of speculation “The US laughed and sniggered when Wall Street offered vulture solutions to Argentina in 1998, now the vultures are ready and set to rip the US carcass apart. Is it a fair view? That is not in question, yet the stage is now that it is becoming a likely view the only people treated fair are the hard workers who just tried to get by.” And this view is not taking into consideration what the US will do to regard their registered patents and IP to be part of the debt leverage. It made me consider where to put my IP. In all this Canada was the safest bet, more important, Amazon could set the market upheave with securing up to $15 billion in IP, IP that is still unsecured. And as I notice a few articles in the BBC, there is ever chance that one of the IP settings could well over double. Another IP (a concept IP setting) could well exceed that if the IP for the printable displays takes hold. You see, power needs are exceeding massively what is available and the idea that we could optionally reduce power requirements to one device by well over 60%, the idea of doing that to up to 100,000,000 devices will count, the optional military setting (as their is a notion that this solution is speculatively EMP proof, would exceed the expectations by a lot more, by more than even I could imagine. But I will accept that DARPA is a much better source then I ever would be. 

So as debts and power needs rise to way above the acceptable norm, there could be a partial union between Elon Musk and Jeff Bezos (or whomever runs Amazon). And in this Reuters news from December 18th telling us ‘U.S. to face increasing power reliability issues over next 10 years’ merely fuels my IP value. There is optionally a larger stage that has everything to do with people moving from California to Texas and I wrote about it in the past. It doesn’t just set the environment with not enough power, it also sets the available power in the wrong place, giving places like Texas a few more headaches. In this the solution that Elon Musk has will be essential and needed almost immediately. 

But this is not about him, it is about Amazon and Amazon has as per today an optional solution for issues in the UK, issues in a few places in the EU and that is all before someone realises that Neom (Saudi Arabia) requires a very different approach to marketing and retail visibility. I based part of my IP on that shift in 2019 and now that it is closing in, someone will realise that whatever is set there could influence and strengthen it position in Egypt and Israel as well. This relates to the previous part because the US has done almost nothing in that regard other than alienate Saudi Arabia, the EU is in a similar position as they cater too much towards Iran and Saudi Arabia can together with Huawei set the 5G base to include Egypt which brings close to 100,000,000 subscriptions and they all want to do marketing. And in all this I have been right again and again and now that the UK is realising that an interest increase from “£8.1bn last month – up from £2.7bn a year earlier”, the need for commerce is overtaking all other considerations and Amazon has the inside track on several options. At that point do you think the US will be about fair play? They will take what they can and they will leverage IP as required to not fall over, because if the UK is facing this, then so are Japan and the US to some degree and none of them has the stamina to wage a long fight with debts drowning them, especially when the interest is too much too handle. In all this Elon Musk and Jeff Bezos have the option to be saviours (at a price), especially when the short sighted governments should have seen this coming a mile away. Why? I saw this point as early as 2015, thus I was aware of the danger 7 years before the BBC informs its audience and this is not merely ‘speculation’, this was always going to happen, only through covid there is a chance that the UK will beat the US and Japan to that point of drowning. And when that happens it will the the one marker where all retirement funds will dry up faster than oasis in the Sahara. Feel free to doubt me, but I leave it up to you to await the bad news from your retirement funds. Some studies were made that in the US 40% will run out of retirement funds due to all kinds of risks and governments running out of cash is a big one, that is why (for them) patents and IP are so important, they are the leverage some companies prefer not to give them. They might prefer to call it ‘Leveraging Federal Resources’ but in the end that is where it is heading and it will not merely be the US, it will be a lot more places who play that game, so in the end, those who own their IP are in an exulted place of negotiating. Hence the benefit that Amazon and Musk will end up having and should either be a larger part of Neom, their value will merely go up, because it is not (merely) about  Neom, it is the strategic place it has for Saudi Arabia, Egypt and Israel. From there a whole range of options open up and the first one there gets to serve all the others. 

It is not about the US, it is not merely the US. You need to see that before it is too late to act, it might still be too late to act, but there is an option to reap some rewards in that mess and that is all up to you, I placed my IP in a strategic place, outside of government reach. It was a good as I would be able to steer it, now it is up to others and I might still miss out, but I gave it one hell of a try. 

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