Tag Archives: Erdogan

A Greek Fatality

Greece is in a dubious place. On one side it is trying to advertise the appeal to invest in Greece, whilst on the other side it is trying to emphasize that discussions with Turkey and its ascension into the EU must continue. We might go with what we see in the AFP, yet there with “ending Turkey’s accession talks would be a strategic mistake that would maybe benefit only for Erdogan“; Turkey merely ended their own options. The rules were clear, you either adhere to certain standards, or you are not invited. The fact that others must give Turkey the umpteenth chance merely shows how desperate the EU has become. So when we see “Turkey is an important regional power and should remain engaged, added Tsipras, but also called on Turkey to respect international law and stop provocations“, we need to remind Alexis Tsipras that he is in not such a great place, so fathering solutions for optional investments into Greece is a slightly too dangerous a game to play. France is in a similar place. With “French President Emmanuel Macron said Turkey remained a vital partner of the European Union and ties should be maintained even if the country had strayed from the EU path, according to a newspaper interview published on Thursday” we see a President Macron that is becoming merely a facilitator for economic exploitation. Perhaps both need to learn the little lesson that many have voiced. “If You Don’t Stand for Something, You’ll Fall for anything“, it is a shallow and sad inheritance that the EU is leaving behind. A place that was high and mighty in what they call morals, whilst they are all about big business exploitation. The entire Turkey endeavour is partial evidence of that. The ignore through inclusion or else, whilst the current members cannot maintain their budgets, have no control over the expedient spending and the EU in dozens of trillions of debt, add to that an ECB that prints unsupported billions per month and we get a very dangerous situation. Reuters gives us in addition with “France’s Macron, a centrist, was elected in May on a pro-EU platform that included pledges to create a euro zone budget that would be voted through by a euro zone parliament and supervised by a euro zone finance minister” we are merely treated to a fantasy, a fairy tale that will not result in any budget, merely less transparency and more spending. It is also a first step to get the ECB with two years of utter irresponsibility of the hook. With “Stournaras said the euro zone should be strengthened because the ECB cannot be the single institution responsible for ensuring the euro zone’s stability nor can it maintain its ultra-loose monetary policy forever” Reuters is treating us to the first whiffs that the ECB plan has failed. It wants some level of contingency whilst not willing to throw the utterly overpaid ECB members in some prison until their flesh rots and their bones have bleached to something that reminds us of the colour white. It is merely a sham, set to get two more issues on the table. The overspending of Greece on the bond market, which will set the Greeks in another setting, which will bring certain facilitators dozens of millions in some bonus and nothing more than that, no solutions or gain towards any solution at all. This whilst adding Turkey to a field of players that we have been very outspoken against. Unless Turkey adheres to some minimum level of standards, levels that have not been met 16 fold, should be barred from the EU table. A collection of nations trying not to see that the game ended, they lost and they are not willing to face consequences. The good side is that as Brexit continues, every continued achievement within the UK will mean that France and Germany will face levels of what might become civil revolt against the hardships the people there will face and the politicians who placed them there sooner and sooner. You see, there are a growing amount of articles regarding the Germans and their new class of working poor. I think it is a little exaggerated, but the truth is not far from there. The US has a growing group of people working two jobs merely to make ends meet, for the most they are barely above the poverty line. Yes, that is right, two full time jobs merely to stay barely above poverty. The nations that is claiming to be in such good economic growth is handling it’s one percent by making sure that the disabling of the lower 40% is growing at a steady pass. The numbers are not that harsh yet, but for the most, that group has not seen clear quality of life improvements for well over a decade and Germany is slowly going into that very same direction. In Germany the poverty group grew by 0.5% in one year. As the news is hiding behind ‘new tools’ and reports, the Financial Times gives us: “I survive but I cannot live,” says Doris, a 71-year-old retired nurse, in the former German coal mining town of Gelsenkirchen. “I have no money to go to the ballet, or even €10 for the cinema. But what really eats me up is that I can’t afford to give presents to my grandchildren” (at https://www.ft.com/content/db8e0b28-7ec3-11e7-9108-edda0bcbc928), it is more than merely a story, or merely a small anecdote. It is the growing concern of many Germans and the rest of the EU is pushing the events under a large carpet, but under that carpet are more and more issues that are becoming visible. Even as jobless rates are going down, poverty rises. As the EU is not giving rise to the dangers that exploitative models like the ‘Uber show’ (and other players like that), we see a growing trend towards legalised slavery. In this Germany is following the trend of the USA, where the bottom 40% of these ‘earners’ have nothing left, no savings, no assets and no future to speak of. In this, the EU has become the one party to ignore its local members to degrees never seen before. So as we laugh loudly at the non-sincerity of people like Mario Draghi, we need to be aware that extremism towards the right is almost a given in whatever comes forward in the next wave of elections.

It is the gap between rich and poor that is becoming the next danger. You see, it surpassed 20% by a fair bit in Germany and only in France is this difference larger, so as President Macron is not able to turn the tide on all the plans he made, we see that the dangers many tried to prevent with quick BS schemes are now at the turning point of blowing up in the faces of all who played this game. Now, we can agree or disagree whether Marine Le Pen would have been the solution, I personally do not think she could have made any better switch, what is an absolute given is that whatever comes next is not going to be that simple. And as more are screaming some ‘balanced’ none ultra-right change, the very real danger is that these speakers will no longer be heard or regarded as some option. In this the Financial Times will soon show how the poor side of the equation will no longer be contributing to the economy, because of health and mere minimum standards. The Greek fatality will come to show us all what happens when non-equality and non-accountability will destroy entire generations as well as any economic options that might have been, merely because greed and exploitation was given too much leeway. A first step in this was shown last week in Greece with “especially the IMF – to push through liberalization as an ingredient for jump-starting the country“, this however is the danger as we see “A five-point agreement, dating to the summer of 2015, between social partners and employers’ groups is already in place, with the highlight being that the specific law (1264/1982) should be modernized, especially in order to preclude “practices of poor implementation”. Conversely, the agreement does not dispute workers’ right to strike and constitutionally protected union activity“, these poor implementations are optionally the dangers to the fact that workers will lose even more rights than they bargained for. As the ECB is about to ‘attack‘ protectionism, we will see a growing amount of ‘entrepreneurial’ options like Uber, that will leave people with a presentation and no reality in a protected way of life. And I mean a certain minimum level where workers should have some protection from exploitation, which is not about to happen. We might agree that Uber was a nice idea, yet when we see that passengers are not insured, that is merely the tip of the iceberg and I am merely looking at drivers that have the best intentions and merely want to make some cash for their family. They are getting less and less; they have to agree to almost insane conditions. Even as we see and agree that Wired and the BBC are giving us an extreme with “London’s latest cut-price Uber rival is being investigated by TfL“, do you think that this is merely one case and the end of it? So as this Taxify is merely one player, hiding behind “it would “always” have lower fares than Uber“, how long until it becomes a wild west? Even as it is stopped operations in London, it is active in 18 countries. So how are they looked at there? How many are part of the EU and how is this so called one EU in any way ready for Wild West companies to make a quick coin and get out after the damage is done? It is that level of failure that we will see in Germany, France and Italy. So as the large three need to find solutions, the quality of life goes straight into the basement and what is left cannot continue. That was the danger from the beginning and the EU and its political branch as it fails yet again. But nobody cares because Draghi and Yellen will blame protectionism and leave the rest to rot (for lack of a better example) as they enjoy 8 figure incomes. It will not hit them.

We can agree that there will be entrepreneurial events, some will find the golden goose others missed and that is fine, but at present as protectionism is low, as poverty is rising whilst there is a diminishing unemployment group, we need to wonder how the EU has failed its Europeans and whilst it will find a deal to remove mere values towards Turkey and tries to facilitate for more markets we see that there is very little left of this so called Economic European bloc of areas. Brexit came slightly too late but it might still be on time to keep British values up and growing, when that is shown France and Germany will run for the nearest exit. That is not a speculation, it is an absolute given, because soon enough the one percent who has had the media at their back, will not have any backing from a group that needs to stay alive and out of the hands of millions upon millions of angry people, people that will demand local solutions from people who can no longer give those solutions, or even give rise to the existence of those solutions. When that happens, Europe will not be a nice place to be for some time. Should you doubt this (always a valid option) that consider that Italy one of the 4 largest economic nations in the EU now has over 1 in 4 in the South of Italy that is in poverty, nationwide it is at 7.6%, the largest since 2005. So as some are in denial, the numbers do not lie and they are growing at an alarming rate, so even as we see news of a stabilised economy, we see that poverty is basically through the roof. Yet Draghi is not held to any of those standards, he keeps on printing money, 60 billion a month, leaving the poverty groups fending for themselves as they are growing. A clear warning that the Greek situation should have given the EU politicians, they basically all ignored it, because they had a PowerPoint presentation stating that it was not so.

The Greek fatality that is soon on our doorstep will force a new way of thinking. Not merely to the creditors, but to hold those in office accountable and prosecutable. The nice part is that in the largest 4 economic EU nations there would be enough votes to push that change, I wonder how many people will reside in EU politics the moment that shift happens. I wonder how the employment contracts change overnight before the legislative change comes through. The last is speculative from my side, but the evidence we have seen so far supports my worst fears.

Bloomberg partially confirms this. With “Eldorado Gold is the largest foreign investor in Greece and its decision comes as the country, which is working on creating a sustainable path to exit its bailout program, tries to lure foreign investments”, yet with ‘delays in acquiring routine permits’ we see that in the years that Syriza has been in power, the simplest parts of infrastructure arte not in place. We see (at https://www.bloomberg.com/news/articles/2017-09-11/eldorado-s-greek-suspension-threatens-country-s-investment-image) that the government is failing in more than one way. With “I’ve been with Eldorado since February and CEO for five months and I haven’t had any hostility from the government, but just haven’t seen progress on permits”, we need to ask serious questions regarding dropping oversight from Greece, whether the Greeks should be allowed on the bonds market at all. You see, if you allure investment without infrastructure, you have nothing. That is the short and sweet of it all and the players in this debacle are talking a lot and not doing anything. Tsipras did not merely fumbled the ball, he forgot that he is on a playing field, he forgot about the dimensions of this field, he forgot about the referee in this and we now see that he is not aware on the rules of the game to participate. A failing on four fronts in one go, in this they claim to be ready without oversight on creditors? Who are you kidding here?

In this we see even more failings from the ECB and the EU, because in the oversight of the funds given to Greece, we see that there was no proper setting for even the largest investors, giving us the clear path that the EU failed even more because they had to be on par with all this. If not, they have given up their right to existence in all this. They could be regarded as the useless pegs that hold up the virtual tent, a tent that only exists in the minds of the Greek governing party and as such, as the tent is a virtual and exists in only their minds, the pegs would actually be redundant. It sounds harsh, but that is the clear evidence that Bloomberg is giving us. So as we now see ‘Shares in Eldorado have fallen 52 percent in the past year and were trading down 6.5 percent at 09:44 am local time in Toronto’, we can argue that Greece and the Greek government might be regarded as liable for a lot more than they anticipated. As such, what other projects would fail and what will the fallout be from these losses? Jobs, income, visibility as well economic progress, all lost in an instant because the Greeks were not ready to commit. It is a Greek fatality with more casualties than most realise and more will come to the view of others. Even as Reuters gives us that the IMF should commit towards Greece, we now see that such a step is ill advised. Why pour money into anything that will not take the issues serious. Did Greece really think that leaving their largest investor hanging for well over a year would constitute any solution? As such Greece is merely the first, France and Italy have other issues and equal worries, the fact that the EU never clearly looked at certain aspects in Greece gives everyone the worry what else did they not look at, or basically ignore. As such, is Greece merely the first visible fatality? Will we see new references towards Greece? The Greek play could now refer to a version of ‘theatrics‘ as well as a version of ‘doomed economic presentation‘. I will let the English language experts look at that one (just to keep them busy).

 

Advertisements

Leave a comment

Filed under Finance, Law, Media, Politics

30 seconds until death

That is what goes through my mind right now. What happened in the last 30 seconds, whilst American Airlines Flight 11 and United Airlines Flight 175 were heading to their prospective targets? The people who got to call one more time, those 30 seconds. You see Greece seems to be in that very same place. Whilst Greece is under crushing debts and payments, we see ‘Greece eyes market return as debt dispute still simmering‘ (at https://www.washingtonpost.com/business/greece-eyes-market-return-as-debt-dispute-still-simmering/2017/06/28/3c3124c4-5c14-11e7-aa69-3964a7d55207_story.html). When you see quotes like “Now those so-called yields are tumbling, a real sign that investors think lending to Greece is a viable option. Once Greece is able to borrow markets in the bond markets to fund its debt repayments, then it won’t need any more bailout cash from its creditors” you would see that Greece has reach the end of the rope and the financial institutions are ready to make one more killing in bonuses before killing of Greece.

So as we read: “What happens in the longer term is still the subject of heated debate“, we do get introduced to the fact that Greece will be adding debt to the total crushing debt it already has. It reads nice that we see a feigned humane IMF with “The IMF has stayed out of the current program, Greece’s third bailout, arguing that European lenders are setting unrealistic targets for the Greek economy instead of considering more generous debt relief“, you see the issue is that the lenders are commercial institutions, the IMF is not getting involved because it is money down the drain. We all know that. As far as I can tell, the next two generations will still be in an atmosphere of not being able to have a decent life. The second part “if the gap had narrowed, Delia Velculescu, the IMF’s top official for the Greek program, said: “We’re not there yet.”” So, even as the debt gap is not being traversed, Delia Velculescu knows that it is not happening. Yet new bonds will get out. And as I was attacked on that my premise was wrong, we see “She said it was “simply not realistic” to have Greece run a budget surplus after debt and interest payments of 3.5 percent of annual GDP over the coming few years, and 2 percent for the decades after” a statement that is misrepresentative, yet from that we get some figure, when the last GDP was set at 195.2 Billion (2015), that means that Greece will need to cough up 6.8 billion annually and 3.9 billion, which is merely the interest on the outstanding debt, for decades annually thereafter and that is only if the elected individuals don’t take a shortcut and borrow themselves in a corner all over again. And all this is coming from a population of 10 million people. So how many of them are paying taxation? How much taxation remains for the infrastructure? Now that we see the fallout gone, we see that the Greeks would have been better off outside of the Euro the moment they had that option. Now it will soon become the anchor that drowns them. And as the population ages, the tax incomes will dwindle even further. From my reckoning, their best position was 2 years ago, now as the curve of retiring people increases, the Greek government are in a pickle with no actual solution. There is every consideration that being a politician or a governmental official in Greece is soon to be the least wanted job in that nation. As I see it, the Washington Post gives us a story with caution, one that is more than a drama about the death of a nation. In addition, there is one element we all forget about. The element is Cyprus. Now, there are no real hopes that the Cyprus edition gets resolved, for the mere reason that the Greek part of Cyprus ads to that Greek GDP, as such Greece would never allowed it to be independent. Turkey might be in a similar state, but here it is about Erdogan’s need for territory. None will budge an inch, so as both sides are talking (read clashing) in the Swiss resort of Crans-Montana, we have to consider how this plays out. As I see it, with the current president of Turkey, it is entirely likely that a replay of the 1974 events will happen. That truth is partially shown in a separate Guardian article where we read: “Overall there is a sense that Turkey does want a deal. It knows it could gain a lot of goodwill out of it,” one well-briefed source said. “It’s going to require patience. The Turks tend to stick to their guns until very late in the day“, that is a likely scenario. I am more in a state where I expect things to be quiet for 10 days and after that Turkey does a 180 degree on the policies they were considering or might have implied to agree with. They are hoping the rest will not go to war over the 180 as there are too many issues playing for too many other nations. Turkey is not known to be a considerate nation; the entire escalation of Qatar is evidence of that, as are their actions in Kurdish Turkey.

The next part is weirdly enough from the Express, it was not my first choice, yet they make an interesting claim that I have not seen brought out anywhere else. The title ‘ECB WARNING: EU on BRINK of being ripped apart as Greece, Spain, Portugal inequality grows‘ is a known event, yet this was always going to be the case. In addition, we see two quotes of the EU favourite spending person, Mario Draghi. He gives us “ECB chief Mario Draghi claims inequality driving problems across European Union” and “Mario Draghi has warned jobs must be created across the EU“, which is exactly why we wanted him to stop spending 60 billion a month, money that was for all intent and purposes created out of thin air. He sounds all nice making the claim that ‘jobs need to be created’, yet when there is no economy, jobs cannot be created and the Greek solution where nearly everyone works for the government is also not a solution. The final gasser is given with “Policies in single member states will also help to bridge the gap, he claimed, asking individual leaders to propose better income and wealth redistribution policies“, the man who has been the centre facilitator for large corporations and set the astronomical income for financial institutions to debate ‘wealth redistribution policies‘. I can compare it to a man walking into a brothel where all the girls ask him whether he saw their virginity, because they lost it somehow. As far as I can see it, he is raising these issues as factors that will instigate fresh recessions, this is why he claims that the “The ECB’s ultra-easy monetary policy, designed to strengthen Economic recovery, was defended by Draghi. He said super low rates create jobs, foster growth and benefit borrowers“, the entire mess is what keeps the banks running, not the people. In all this Greece is in corner wearing a dunce cap. The fact that Mario Draghi made the claim earlier this week that Greece will not join the Quantative Easing program (QE) shows that the ECB has no faith that the Greek issues will be resolved, so as I personally see it, Greece would be allowed to sell more bonds just to push the percentages up again, which is not the view of a restoring economy, merely the near death of one. They are getting out of Greece what they can before it is too late. As you will see the news that Greek bonds are back, consider the question, who will be receiving the 4% sales commission and walk away whether it collapses or not. 80 million over a 2 billion bond hike is still a lovely sum, it would keep me in Ouzo and Raki for the rest of my life, which is unbalanced in more ways as the Greek population will be left without such options for 2 generations to come.

The news actually intensifies as per today, the NY Daily News (at http://www.nydailynews.com/newswires/news/business/greece-planning-return-bond-markets-ecb-article-1.3287503) , the news has become this desperate for Greece and the Greeks. The quote “Greece will return to financing itself on international bond markets with or without the support of the European Central Bank’s bond-buying program, the country’s finance minister said Thursday”, this will merely create chaos and the moment the bods are sold, the percentages will go through the roof. So as we now read that the ECB is not giving any support to one of its members, does anyone out there still doubt the need for Brexit? In my view Greek Finance Minister Euclid Tsakalotos is playing a very dangerous game and the only one he will hurt for generations is Greece and the Greeks. So when I see: “What we need to do is ensure that the investment community knows there will be a program of access to the markets”, which is delusional, because Greece is no longer a player, the previous administrations made very sure of that. Unless you find the next truly new idea, Greece is no longer a player. The Greek governments (past and present) made sure of that and the weird false information we see in some cases have been false nearly 100% of the time, this is not a great track record to rely on. The entire move of upgrading Greece to ‘Caa2’ was a mistake. I wonder when other EC governments demand that Moody presents the raw data and the findings on the entire upgrade process. How many holes can we see in that assessment? Do I need to remind you all that Moody was one of the so called ‘key enablers of the financial meltdown’? At https://www.gpo.gov/fdsys/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf we see: “Moody’s put its triple-A stamp of approval on 30 mortgage-related securities every working day. The results were disastrous: 83% of the mortgage securities rated triple-A that year ultimately were downgraded”, that is the same place that now upgrades Greece, whilst the last time Greece went back on the market it became a disaster and someone ended up with a 50 million bonus. So is that the source of acceptance? In all this we also see Nasdaq throwing speculative fuel on the fire with “There was some speculation about a rating upgrade, but what was really a surprise was that positive outlook, giving a chance for another upgrade” (at http://www.nasdaq.com/article/greek-10year-yields-hit-lowest-since-2009-after-moodys-upgrade-20170626-00205), so based on what is that, because Greece basically has no future, not with this debt. Can we allow the European Community to sit idly by proclaiming to be one whole continent whilst it hands out trillions of euros over these two waves of unadulterated spending? A spending that is not based on inferiority of substance, yet 100% flawed. In all that spending Greece is not considered, they must rely on the exploitative vultures of the Bonds world. As I personally see it ultimate proof that Greece is being fed to the vultures. So whilst we read about Mario Draghi mentioning ‘wealth redistribution policies‘, we see that Greece is taken out of the mix. Is that a Europe you signed up for? The United Kingdom did not and it is moving out. As France decided to trust an investment banker as president, they now lost that option to seek an actual national identity. Even as we see reports that Italy is moving away further from leaving the EU, there is no doubt that the coming year will be crucial to Italy. Apart from a collapsed banking system, the pressure due to refugees keep on upping the levels of pressure in Italy and as  such something will buckle, it is merely a question of time, yet how this will unfold cannot be stated at present, it is an unknown. No matter how this plays out, it will not make issue better for Greece, it merely will push economic opportunity down as European pressures mount, the inequality in Europe not being the smallest of issues. That view is enforced from Spain, even as the economy rises slightly, we now see reports from Madrid giving us “under-24s earned on average €11,228 gross, a 5.1% drop on the previous year. The 25- to 29-year-old range earned €16,064, a 1.6% fall on 2014, while the 30- to 34-year-old group earned €19,597, 3% less than the year before. Finally, those aged between 35 to 39 were paid €22,397, a 2.3% drop on 2014”, so as a few more people enter the work force, they end up getting less than the ones they replaced (source: El Pais). This will also drag the quality of life down more and more as the cost of living is still going up. In all this Greece is passed by on both economy and quality of life. It is another piece of evidence that the speculated foresight for Greece was wrong and incorrect and I fear for the Greeks who have to pay for the fallout that follows the next bond ‘rush’.

 

Leave a comment

Filed under Finance, Media, Politics

Creating a dangerous joke

There is a lot going on. At first I wanted to take you into the world of fake news, it is a problem and it is a global one, but the elements in play, so many of them will confuse the hell out of anyone. It is not a simple story, it is an issue that will take many pages and there are plenty of people that cannot be bothered to read that much, I most certainly get that.

So why three issues?

They are only casually linked, but the events as they are taking places all at the same time makes me wonder if, and to what extent they will intersect.

north-korea-disk-jpg
The first one is regarding everyone’s favourite ‘democracy’, North Korea! They decided to fire a missile for 500 Km to make a show of force. So millions were spend to make a show of strength that their missile will make it for 4% of the journey. This whilst we need to realise that the bulk of the 44,000 that became homeless in the floods 5 months ago are still for the most homeless. This event is making South Korea very nervous as the missile can reach them, the USA will make a show out of it all, even as there is no evidence that the missile could ever successfully make the other 96% and hit something substantial after that. As stated, there is no evidence, that in light of the military command setting the pass with Dell desktop computers that most gamers would not even touch in sheer desperation just so that they could play a game.

 

 

 

The second issue is another part all together. There has been a flaming row between Piers Morgan and JK Rowling. In this, I need to try and get through to people who seem to have a massive hatred for the Trump presidency. The video (at https://www.youtube.com/watch?v=5MrbXk5xOOM) gives us part of that. We usually do not get the full story as more than one media outlet, or opponent does not like him to complete his train of thought. He makes a few points that need to be considered. It goes far beyond mere freedom of speech, I will never be against it, yet in all this the papers need to be accountable for what they do. The situation is similar that the UK has with Brexit. So when we see the Rowling v Morgan event (at http://honey.nine.com.au/2017/02/13/07/54/jk-rowling-piers-morgan-twitter-spat), which has been going on for a few days now. The nine event shows a short part where Piers gets splattered as he was not allowed to finish his words. The quote “President Trump’s travel ban because the British TV presenter won’t call it a Muslim ban. Trump has tried to stop citizens of seven predominately Muslim countries, including Iran and Syria, from entering the US“, which is what he actually said. The part where Piers is correct is that his assessment is correct. You see the 7 nations are: Syria, Iraq, Iran, Yemen, Libya, Sudan and Somalia. Some of the Muslim nations that are not on the list and not banned are: Saudi Arabia and Pakistan, Muslim nations are not on that list. In addition, Indonesia, Bangladesh, Nigeria, United Arab Emirates, Turkey and Egypt. Yes, it is correct that the 7 nations are predominantly Muslim, yet until that list at least doubles, it is not a Muslim ban.

adolf-hitler-world-tour-t-shirt-web
It was ‘nice’ and original that Jim Jefferies reflected on how Adolf Hitler grew into his role whilst singing a lullaby to 6 million Jews, but the reality is not the same here. So in a comedian like atmosphere he can tell Piers to Eff You Kay off, but he is deceiving you. In that regard the quote from JK Rowling ““Yes”, she tweeted.” Watching Piers Morgan being told to f–k off on live TV is *exactly* as satisfying as I’d always imagined“, might be valid from a celebrity like her as she has seen the darker less acceptable side of journo’s on a global level, but in all , the facts were not correctly given. And the press seems to be heralding to a larger extent, for too long to give the microphone to any person willing to loudly speak out against the current US president. This situation is more important than you think, you see, President Trump is doing almost exactly what he promised to do, yet if we consider that 100% of his voters are 50% of the nation, is he doing the right thing for America? It is a serious question and the answer is less easy to give, because the losing side is trying to create flame after flame via emotional broadcasts. The left has grown its media domain to such an extent that part of the US is unlikely to ever get the full facts. The Piers Morgan video gives us that. They give the realm where we hear on how CNN is implied to have some sort of buddy system with the previous administration. That is actually more alarming than you might think, because in such a setting, have we heard any reliable news from CNN over the last 3 years? Did you consider that part of the equation?

erdoganmemeTurkey is the last part in this equation. As we see thousands of people getting fired, arrested and prosecuted in what most call a massive aversion of the course of justice, we see that the list has grown. The BBC recapped the last 7 months as an event “following the failed coup attempt, nearly 100,000 civil servants have been removed from their posts. That includes teachers, police officers, soldiers, academics and lawyers“, where it should be clear that several of these groups would not be caught alive talking to one another, we must wonder how this shift, how this automation towards a totalitarian political shift is not the disastrous move that Germany found itself in on 30th January 1933. With the death of Paul von Hindenburg on 2nd August 1934, the shift of Adolf’s rise to power was complete. In this the danger we see Turkey in due to the acts of Recep Tayyip Erdoğan are a lot higher than we get from President Trump, more important, as we see a massive political ‘Erdogan’ shift, what does that spell for the rest of Turkey? Will we become witness to the rise of a dictatorship, not unlike the one from Saddam Hussein? The changes he started in the 70’s, which led to the executions (read: purges), which would kill well over 250,000 Iraqis? More important, how will Europe interact at that point, or would Europe even allow itself to any interaction with Turkey?

 

These three are interacting because the Turkish population all over Europe will react to what happens in Turkey, more important, as Turkey becomes more ‘driven’ and President Erdogan finds the European doors close on him, we will get a new intelligence issue. As the Millî İstihbarat Teşkilatı (MİT) will be given the similar tasks, but now if finds itself more and more collecting international security intelligence, which changes the game as the allegiance with the USA will shift. The one with the FSB does not change that much as the FSB never really shares intelligence unless they know there are two other sources able to offer the information. As the open EU borders shut down to their original state, we will suddenly see that those outside of certain discussions will now become absent of being informed. It is the natural consequence of ending an open border environment. So as we see the Cold War escalate, there is at least the smallest chance that they will try to leave the hints of gullibility with the MİT. There is no evidence, but the Russian Intelligence side of things (before they started to call themselves FSB) has plenty of examples and lets not forget that they are still sore regarding a certain fighter plane that was shot down for transgressing Turkish borders for no more than 14 seconds.

This now gets another turn of complications as the two parts that we see escalating in the Washington Post with “White House national security adviser Michael Flynn is under increasing political pressure and risks losing the confidence of some colleagues following reports that he misled senior administration officials about his discussion of sanctions with a Russian envoy shortly before President Trump took office“, as well as “Former acting attorney general Sally Q. Yates warned the White House that national security adviser General Michael Flynn may be vulnerable to Russian blackmail, the Washington Post reported on Monday“, so as we ponder this, just a mere 1800 seconds ago we get “Flynn has acknowledged he might have discussed sanctions with the Russians but could not remember with 100 percent certainty, which officials said had upset Pence, who felt he had been misled“. ‘Is this the geriatric division of the Intelligence community?‘ I might drop a nickel every now and then, but I am not the national security adviser and neither is I having to be a General! Two very visible places where an event where things like ‘sanctions‘ and ‘could not remember with 100 percent certainty‘ what factors were having an impact on the sanctions. That part should have been clearly documented as filed so that the alphabet group knows what’s coming (those in charge that is). You see, as we all face the news of escalations (especially Turkey and Russia), the Russian issues with America (and vice versa) implies that we are on the forefront of an optional new cold war.

This is not just me, several sources are raising the threat of the new cold war (or Cyber cold war) as some call it. In this we will face several fronts, because there is currently an issue with the top positions and I feel that I can claim with a decent certainty that Breitbart News will be massively out of its depth when it misplaces, misrepresents or misquotes any element in such an affair. In addition, the General Flynn issue gives rise to the issue that this optional war is one that America will not be ‘in like Flynn‘, which gives away some of its lack of preparedness at that point.

So as North Korea might soon be making a few more boasts whilst we get incriminations addressed towards America and South Korea by China, we will see more speeches, considerations and not so carefully worded denials. In the end, we are skating towards a diminishing field of options. Well, actually, the question becomes what will happen, as we now see the resignation letter of the National Security Advisor (which might have been the only move left), the USA is now forced to get another person confirmed for the role. In a time when getting proper advice is pretty stellar important, selecting the right advisor would have been pretty important. All this in the first 100 days is not the best way for the new president to make any headway. Attached to this is the press, who have been on a massive Trump bash. The left who has been enjoying a lefty point of politics and getting enabled at every corner is now facing a vindictive administration, which is counterproductive on both sides, because any escalation down the Cold War front means that proper informing the people on what is actually happening is going to be much more important. In that regard, perhaps it is starting to be more and more important to label the tabloids with a brand that it is not truly presenting the news, I would prefer that they also lose the 0% VAT option, the idea that intentional misinforming the people comes with a tax break! Does that not bother you?

You see, these elements as stated are linked, not directly on the events, but how we react to them, this can have an increasing negative consequence, especially as we use social media to gain favour and laughs. Yet the other side tends to be less recipient. Some will take the moral offended side of the matter. So as we heard Jim Jefferies Hitler reference, some reacted, some did not and most reactions were against Piers Morgan. Now, I am no fan of him. I think that he plays a dangerous game, trying to side with the emotional side of people, as do Journo’s like Lisa Wilkinson, yet in some lights she tends to be a lot more level headed here. In contrast, when we see the Morgan quote: “To all the ignorant, bigoted transgender community members continuing to abuse me re @janetmock – I’m bored of you now, go away. Thanks.

Piers need to equally realise that if he does not consider thinking things through before making his case knowing very well that there will be open outrage, he needs to realise sooner rather than later that he is not part of any solution, he remains part of the problem.

This story will get a sequel as certain events are currently still evolving.

 

Leave a comment

Filed under IT, Media, Military, Politics