Tag Archives: Eu

The die is cast

it started Yesterday (well, it started earlier), the Guardian gives us ‘British-Iranian relations strained as oil tanker is seen off Syria‘, with the by-line “Adrian Darya, previously called Grace 1, photographed near Russian navy facility“. the starting quote “Britain is seeking to establish whether Iran has sold oil to Syria in breach of written undertakings given by Tehran to authorities in Gibraltar“, we can go with the speculative ‘yes’ on that answer, but it is not a given at present. The quote “Since leaving Gibraltar the ship had taken a peripatetic route towards Syria, but was last photographed off the Russian navy port of Tartus in Syria. TankerTrackers, a firm that monitors oil tankers, has seen no evidence that its 2.1m barrels of oil have been discharged” is no guarantee that it is not happening, or that it will not happen.

The issue is not the oil, the issue is what Al Jazeera reports (at https://www.aljazeera.com/ajimpact/saudi-arabia-enrich-uranium-190909144444127.html), I tend to be in favour of ‘Saudi Arabia wants to enrich uranium but the US may not like that‘, I support the setting as the EU and the US no longer have any balls in dealing with Iran and Saudi Arabia has no choice but to be ready to deal with Iran. It is the consequences of inaction. We see the quote: “Saudi Arabia wants to enrich uranium for its nuclear power programme, the kingdom’s new energy minister said on Monday, potentially complicating talks with Washington about an atomic pact and the role United States companies might play in the arrangement.” We might think that this is the barricade that works, but you would be wrong, both Russia and China are chomping at the bits to deliver high technology power plants that can work with enriched Uranium, this is a billion per place and Saudi Arabia would need 4 straight off the bat. Two power plants to power the growing power needs of Neom City and One for Riyadh power needs and one for other power needs. Do you think that in this age where American and European abilities are downgraded time after time that both Russia and China do not stand a chance? The fact that in both the EU and US larger discrimination and anti-Saudi needs have been fuelled for almost two years, the Saudi government needs to find a solution that is best for Saudi Arabia, not a solution that makes them seem the nicest. That time has gone, that time was 2017, the actions of media since have shown that the anti-Saudi rhetoric is slightly too strong and the Saudi government knows that. In light of all information available, it is the Chinese government that has the strongest position of the three (when we include the US) giving them another benefit. The US has downplayed several parts and now that we see that the Chinese government is ready to step in, we also take notice of an earlier stage in October 2018 where the SCMP gave us ‘China may seek to boost ties with Saudi Arabia but it ‘can’t fill US arms sales gap’‘, I was never certain that it was ever completely true. I believe that China needed time to set things in motion, I also believe that in the gap between July 2018 and August 2019 they have been able to set that stage to a much larger degree and within a year that gap can completely be filled. One issue that was resolved was the Chengdu J-20, the Chinese answer to the F-35. the rumour is that the three weaknesses Canopy, fuselage and engines have been resolved, there was still some questions on the stealth coating, yet that would not prevent them from starting, there would merely be an upgrade of a delay in fulfilment of foreign orders.

With that larger issue out of the way, China is seemingly ready to hand out larger contracts, they might be in the running to aid Saudi Arabia in getting them on the road to keep the 50% promise of making SAMI products export ready, the question is which arms are the most viable ones at present. With the growing concerns and the fact that Saudi Arabia is ready to deliver gives a much larger concern that the US has been playing the wrong game for well over 2 years at present. Even now, less than a day ago, CNBC gave us ‘US wants energy dominance regardless of what happens to oil prices, deputy energy secretary says‘, a quote and a claim that is both flaccid and exaggerated. As such the quote: “The U.S. deputy energy secretary told CNBC Monday that America wants to achieve energy dominance regardless of what happens to oil prices” falls short on a few levels. It falls short not merely because of the additional “It just simply means that we are going to produce as much energy as we can, as cleanly as we can and as affordably as we can“, there is seemingly a line that goes from the US to all other nations, that is besides the issue that ‘clean‘ and ‘affordable‘ tend to be opposite in scope, clean power is not cheap and affordable power tends to be not clean. In there the balance is already out of whack when they want power creation dominance and if China is affirmative to the 4 nuclear power plants, the need for US power will fall to some degree, so the option of dominance goes out of the window. Not dealing with matters is what got the US in this stage, not dealing with Greece (via Wall Street), not dealing with Brexit (through arrogance), not dealing with Iran (through indecision) and not standing strong with their claimed ally (Saudi Arabia) has pushed them on a sliding scale of mind over matter. It is becoming more and more clear that nobody minds because the US no longer matters. As the EU and the US are downplaying the impact and chances of the next recession, or as the recession is used to create Brexit fear, we see a population that has had enough. That is the setting the US is facing and all the non-evidentiary stance on Jamal Khashoggi was not helping, that journalist’s missing cadaver has been milked for anti-Saudi media coverage for far too long.

In this stage, as we realise the factors we look at the stage where we see: ““We are proceeding with it cautiously … we are experimenting with two nuclear reactors,” Prince Abdulaziz bin Salman said, referring to a plan to issue a tender for the Gulf Arab state’s first two nuclear power reactors. Ultimately, the kingdom wanted to go ahead with the full cycle of the nuclear programme, including the production and enrichment of uranium for atomic fuel, bin Salman told an energy conference in Abu Dhabi.” and his royal highness has to, he has little choice, it is not only because of the power requirements of the kingdom, Iran is still a threat and that threat can only be countered by having equal solutions at the kingdom’s disposal and in all this, the total lack of actual actions against Iran by both the EU and the US do not help matters. In this, when we consider “The tender is expected in 2020, with US, Russian, South Korean, Chinese and French firms involved in preliminary talks about the multibillion-dollar project” we need to realise that the US and the EU nations now have a disadvantage to this tender. So whoever wins the multi-billion dollar tender, the losers are going to get confronted on how their tender fell flat due to inaction. It also made me wonder on some of the processes and I know that the World Nuclear Association is the best source.

So I had a look at some of the information, and the stage is set at: “Uranium-235 and U-238 are chemically identical, but differ in their physical properties, notably their mass. The nucleus of the U-235 atom contains 92 protons and 143 neutrons, giving an atomic mass of 235 units. The U-238 nucleus also has 92 protons but has 146 neutrons – three more than U-235 – and therefore has a mass of 238 units“. With the centrifuge principle of “The counter current flow set up by a thermal gradient enables enriched product to be drawn off axially, heavier molecules at one end and lighter ones at the other” and when you consider the image I wonder if it is the most efficient path. I wonder what happens, when we consider “heavier molecules at one end” it seems to me that the outer part (heavier molecules) when it is siphoned off, more uranium could be processed making the process faster. It was just a thought I was having, I remain in a creative stage. There is equally the option to see other solutions when we consider the Roman bath houses and 2 phase compressors. They did not get to their destination in one step, the compressor goes from zero to 5 atmosphere, the second stage takes 5 atmosphere and pushed it to 25 atmosphere, in the old days it was a lot more effective, even now we see the path where the centrifuge at its speed can do it in one go, yet consider a centrifuge park with 50% more units, yet creating enriched Uranium at twice the speed. I am not sure if it works, but I do know that we need to upgrade the technologies to make the Iranian technology obsolete, making the Iranians stop their intended steps, or being able to take the steps to end their actions altogether. People might not like that approach, but the stages we now see involving the Syrian delivery, the Houthi arms and drone supplies, it is clear that Iran has no peaceful intent in any direction. It is our responsibility to choose, either we support Saudi Arabia, or we move out of the Middle East altogether. Either way

This matters, because if we are to stop Iran, we need processes that are more advanced to give the clear signal that the actions of Iran should no longer be tolerated. There are two options in any war approaching disagreement, either you overwhelm them or make their solution obsolete. We have seen that advancing stronger gives the option for a peaceful edge and that should always be embraced, that is as long as you are willing to use that advantage effectively, the EU and US have shown that they are unwilling to do that. So another option is required. That path is seen in the Al Jazeera article with “Reuters has reported that progress on the discussions has been difficult because Saudi Arabia does not want to sign a deal that would rule out the possibility of enriching uranium or reprocessing spent fuel – both potential paths to creating a nuclear bomb“, whilst the intent might sound noble, it isn’t. This solution will not work because no one has a handle on Iran and no one is willing to deal with Iran and that is where the problem lies. As long as Iran is around the problem remains that much has been shown several times in several direction, only the arrogant and delusional political players in the EU and the US are still of the mind that a nice solution can be found, the problem is that Iran has been most effective in tailoring to those ego’s and it is time to give light to those tools and find a way to stop Iran, we have to because their willingness to transgress on nuclear limits has now been shown three times over. That is seen as the New York Post gives us less than a day ago: “The United Nations’ nuclear watchdog confirmed Monday that Iran has installed advanced centrifuges and is moving toward enriching uranium levels — another violation of the 2015 nuclear deal brokered by world powers”. I believe that the best solution now is to make sure that Saudi Arabia gets to the Iranian destination faster, or we allow an open war with Iran, what would you chose? I believe that war is a last resort, yet I am willing to go there if needed, which makes me a better and more ample decider than either the EU or the US, indecision is the only agenda point they procrastinate on, a stage that is too dangerous for anyone at present.

 

Leave a comment

Filed under IT, Military, Politics, Science

Anacusis through silence

This is about an article I wrote on June 2nd 2018, the title ‘Cheese Pizza with Oregano‘. The story (at https://lawlordtobe.com/2018/06/02/cheese-pizza-with-oregano/) looks at the finance situation that the big 4 face. With Brexit 7 weeks away that premise is becoming a lot more important. You see the big 4 (including the UK) had a lot of debt, now the issues for the UK do not dwindle, yet the other three are in a less savoury position. As sources gave us then we see: “Spain will have refinancing requirements that exceed €300 billion per annum before 2022. In 2018, 41.2 billion euro, in 2019, 82.4, in 2020 83.9 and in 2021 58.5 billion euro, with 60.4 billion maturing in 2022“, the second part is not Spain, it is Italy where we see: “4 billion euro maturities in 2018, 161 billion in 2019, 164 billion in 2020 and 172.5 billion euro in 2021“. Bloomberg (at https://www.bloomberg.com/opinion/articles/2019-08-29/conte-s-five-star-democrat-coalition-offers-italy-respite) gave us last week ‘Italy’s Unlikely Allies Offer a Brief Respite From Crisis‘, a brief respite is not a solution and there well over a quarter of a trillion Euro to refinance in Europe alone. Where is that coming from? You see Italy is merely one of three players that is in the deep waters, I have no numbers on Germany, yet Spain is in a similar place and whilst we thing that there is no issue, there is. Two nations represent an outstanding invoice totaling €250,000,000,000 due in three months and there is no real solution (as far as I can see it). Refinancing is fine by the banks; with the added interest these two nations will sign an addition burden of no less than €2,500,000,000 and optionally close to twice that amount. This implies that in the two nations every person adds between €24 and €50 to their debt (read: taxes) just to pay for the increased interest. You might not think this is a lot and over a year it seems little but EVERY person in Spain and Italy must pay it, no exceptions and it is merely to pay for the additional interest on the debt, not the debt itself and next year it will be about twice as much and with the outstanding debt still there (I am ignoring the debt of 2018), in 2019 people will have to pay between €75 and €150 each, young, old, it will not matter. So how large is the percentage of people that have to face this invoice and have no means to pay it? Those having to live below the current poverty line is clearly one of these groups and it is not a small group. We all are placed in denial of outstanding bills because the media seemingly ignores it. I gave warning to this in 2017, I reiterated it in 2018 and now the issue is on the doorstep, pushing it forward one more year will make it all come apart. It is the clear stage of deafness through silence. If we keep silent, it goes away. Well, there is some news for you. Anyone who ever faced a debt collector can tell you, it never goes away and that feeling of hardship can follow you up to a quarter of a century. And all this is negating the French situation. Germany is in a much better place, but when the recession hits it will deteriorate and in addition, Germany is seemingly tired of carrying the burden of irresponsible politicians. And when it comes to France, I personally wonder how much Credit Agricole gets to pocket this time around (perhaps you remember the Libor scandal). I agree that Credit Agricole was not alone in this, yet this time around Deutsche bank and Credit Suisse have additional problems and they are not in a position to get caught with their fingers in the cookie jar (or is that fingers in the cocky jar?)

the problem is that these people tend to not learn, in addition, the wealth tends to outrun the fine by a fair bit and that is where the problem lies, the issues of debt needed to have been negated harshly a lot sooner and these governments pushed it forward again and again and this now directly interacts with any additional stimulus, because Spain, Italy, France and Germany (Germany a lot less) will get to feel the pinch on both ends of the pliers, the Stimulus branch and the refinancing branch. The UK is not out of reach of it all, but as it is on the way out it cannot be held responsible for a lot of these upcoming cost and the remain group just does not realise how much money is added to the debt in that way. It was the biggest issue that mattered and it has arrived at the front door of the UK, The Brexit door avoids that issue that was part of the larger problem all along. And now 12 of the 27 nations are eager to say yes to whatever infusion they can manage also becomes a worry, as they now face a much larger share of that expense, so they are complaining as loud as possible.

Even now as we see the Coup D’état message of: ‘Brussels would reluctantly agree Brexit extension if rebel MPs succeed in preventing no-deal‘, and other messages of delay, the delay is essential for Europe because they decided to remain in denial of Brexit, for three years these EU people got fat wages and remained possum, so now we see a larger issue. What use is the EU when it cannot contain any control over the irresponsible spending of the ECB? What use is the EU when the players have shown an inability to get a proper budget? The problem is actually a lot larger. You see the next part is speculative and I cannot prove it, but bare (or bear) with me. It connects to the IMF Data produced for the year 2018. Now we can agree that there is always an interaction. There is expected positive and actual positive. My issue is that EVERY nation in the EU gained (actually except Turkey). All are gaining, now we can agree that most might have had a positive impact, yet when we look back at the news we see: “The weaker end to the year weighed on the economy’s performance in 2017 overall, with growth revised down from 1.8% to 1.7%” (the Guardian), “Britain’s economy slowed to a virtual standstill in the first three months of 2018” (the Guardian), “It felt as though the sector was losing its lifeblood this month as Brexit worries continued to claw away at confidence, new orders and business margins” (the Independent) all these bad news linking Brexit, all whilst the IMF data shows that nominal GDP numbers for the UK went up by 7%.

IMPORTANT

Now there are two important parts here. The first is that the metrics are not the same, yet the premise of one side claiming that there are losses, the positive is down, yet the year before the IMF showed that the UK GDP went down by 0.011% the numbers make no sense, we are thrown between different metrics and those different metrics do not reflect the battering news again and again. The people are being handled with data that is not reliable and that part is obvious not reported on. Just like the news three years ago that the IMF reported that UK austerity was a really bad idea, something that they had to retract later on. The second danger is that the GDP is a lot more complex, yet the premise that the UK economy is so bad, so less good and growing so much less so than before the Brexit ‘threat’ is not seen in a -0.011% versus a plus 7%. Even I agree that 7% is way too positive, but these are the reported numbers and they do not add up, not compared to the media and all the anti-Brexit reporting.

This comes to blows when we see the issues in the other large three European players. In addition, the setting ignores the fact that the medium economies (Netherlands, Belgium, and Sweden) had been doing a lot better. Their economies might be ‘too’ small, yet their good venture might reflect to Eastern Europe to a much larger degree. Merely agreeing with the big four is seemingly folly too.

Oh, and before I forget, we can now also consider the forceful removal of any politician in the European economic field if so desired. They can be fired without any legal repercussions at present. The EU enabled us to do that when they decided to label the no-deal Brexit as a major natural disaster. This works for the remain as well as the Brexit group as the ECB was the biggest flaw in all this. When the Coup D’état works in the UK, we can demand the immediate firing of Mario Draghi and his ECB associates (read: cronies). If the economy is seen as a natural disaster, those setting and prolonging the stage of a natural disaster are wielders of that natural disaster and as such should be pushed out of office without pay.

I wonder if they thought that through, I guess not. I hope I did not oversimplify matters here 😉

 

Leave a comment

Filed under Finance, Politics

Funny Money, Amusing Thickheads

There are two issues and they do not link, but they are supportive of one another. I made notice of this situation 5 months ago in my article (at https://lawlordtobe.com/2019/04/27/then-the-hard/) called ‘Then the hard‘, in the article I give “Now we get to the part where the €2.5 trillion mark matters, as the ECB is trying to find new ways to convince others that the continued provision of stimulus to the economy matters“, as I see it the stimulus protects banks, makes them more powerful, it allows for political stupidity, yet the economy has not been saved (not in the two attempts), it has not been jump started, and it has not been a positive impact for its citizens, merely the industrial executives and the rich CEO’s (OK, that was a more biased view from yours truly, the writer).

As Bloomberg gave us on Saturday (at https://www.bloomberg.com/news/articles/2019-08-31/more-ecb-officials-pile-into-stimulus-debate-as-economy-wilts) ‘More ECB Officials Pile Into Stimulus Debate as Economy Wilts‘, and when we see: “the ECB should keep all options on the table to reinvigorate inflation and growth, including a relaunch of quantitative easing“, it is at that point that the EU citizens are getting screwed (again), more debt (again) and no resolution because the ECB is about the gravy train and not about resolutions. Yes that same article gives opposing voices, yet I would not be surprised that (by a narrow margin) the stimulus people win. This is why Brexit was so important!

In the end the retirees get hammered for those debts, the ECB officials have too fat wallets to care. At this point the debts have surpassed €3,000,000,000,000 and it seems that the end is nowhere near, yet the stage of bankruptcy is there. Even at 0.1% (no debt interest is ever that low) implies that the interest is €3 billion a year. A payment that is way beyond the budgets of any of the EU nations, payment due every year whilst the bulk of them have overextended themselves with budgets that should have been shrunk by well over 5%, so pretty much all the EU nations are running an economic deficit whilst the Mario Draghi Posse is handing out more money, printed money, for a lack of a better term funny money.

What the ECB is not telling anyone that most stimulus options fall flat when the UK officially leaves the EU that is the despair there. Their options melt away when the UK is out and that is why everyone is suddenly in a panic, that is why we get these moronic acts and even UK Labour is all about remain now. And with that part we move to the second part of this.

Now we get to the Chief of Grief, the Duke of Fluke, the one and only real loser in history (as I personally see it) Jeremy Corbyn. When we see headlines like ‘No-deal Brexit: Jeremy Corbyn vows to ‘pull Britain back from the brink’‘, or ‘Final sovereignty on Brexit must rest with the people‘ we see the idiot he is. There was a referendum, there was a voice and Brexit won, the issues with the ECB shows us that we are a lot better outside then inside that mess. There is no brink of Brexit, there is an economic mess and we will enter a stage of recession, anyone telling you that it can be presented is lying to you, or they are wielding massive amounts of money, amounts that no one has. This has been shown by people more intelligent than me and by people with actual economic degrees; they all are on the ‘remain’ fence, merely because it butters their bread. It gets worse when we see that the Hysterical Remain groups that have become violent, abusive and out of control, more important, to a larger degree the media isn’t even covering it. How is that for balanced information?

I have heard one or two actual ‘remainers’ who made a really good case, yet in the end, they have no control over the ECB and the ECB is in Europe at present the great evil. What they claim is good for Europe is to a much larger extent merely good for big business. When we look at those companies leaving the UK, these are all companies hiding behind taxation options, or facilitating to really large players and to some degree that is fine, but the ECB forgot that the well over 150 million small business owners see nothing of any of that and more important, they will see the impact of the 3 trillion euro of debt that the ECB created, things are that much out of whack and I do not get why people accept the presented BS that people like Jeremy Corbyn have been presenting to the masses. I am aware and I also believe that Brexit had its own waves of BS presenters. I made up my own mind and for the most I was leaning towards Remain, Mark Carney (the Marky Mark of the British bank) and especially his speech to the House of Lords was the setting of that stage. Yet he too had one flaw (if you want to call it that), there was no controlling the ECB and they are out again making some lame excuse on the essential economic need for more stimulus, whilst we already know now that it will not save the economy and they are willing to wager another trillion euro and spend it up front.

These people are not held accountable in any way and I say: ‘Enough is enough!‘ The UK is better off by itself steering the economic waters as it had done for centuries. Oh, I almost forgot the second part on sovereignty, sovereignty does not rest with the people, it rests in Buckingham Palace with HRH Queen Elisabeth II. There was a referendum and the Brexit group with a little over 51% won. And to those people still in doubt, you only have yourself to blame with the mess you are creating. There were 46 million votes, representing a 72% group, so 28% did not even bother to vote! Those 13 million votes were invalid straight of the bat, with only 25,000 invalid or blank votes we see no real impact, it they were all remain voted it would not have mattered. When you consider all this and you see the hooligan masses being remain people, we see two parts, the first is that they are moronic (worthy of UK Labour), yet the larger issue is that a lot are in anger because they are not getting properly informed. Stories like: ‘UK government officials told the food industry that supplies of liquid egg could run out in a no-deal Brexit‘, yet the operative word is ‘could‘ we just do not know, and not knowing is adamant in a lot of this, yet the people have faced two years of fear mongering, all large consortiums that see a danger to their margins, not the margins of the shop, the margins to executives and their bonuses, and the people are eating the fear hook, line and sinker. There will be actual issues, but the foundation of all this is that this has never happened before and the EU and the ECB did this to themselves. We all forget how this started, this all started when Greece in 2009 had misrepresented itself and we saw issue after issue, debt after debt and the politicians that caused it merely walked away. Then we were told stories on how Greece might be evicted from the EU, the news was all over that yet the truth was that we were misled (or is that made Miss Led?) The Guardian (in 2015) gave us: “As Athens will be unable to satisfy its financial obligations after a default, many hardliners expect Greece to leave the Eurozone, and printing as much neo-drachma as necessary. Some see this as the only solution to the Greek crisis: it would allow Greece to devalue its new currency, supposedly making the country competitive and resulting in economic growth and the ability to repay its debt“, in addition we get: “while only article 50 of the EU treaty regulates how a state can leave the union. And a mechanism for leaving only the Eurozone or for expulsion even has not been provided for at all“, basically the stupidity of the EU was that they stated that every member will always be up front and do what must be done, which was deceptive in its own rights. So a group that is merely inclusive and under stringent rules can they leave, yet in addition other sources gave us that NO MEMBER can be expelled. This is called a Corporatocracy, not a democracy. Corporations decide on what happens and that is what we basically see at present. The problem here is that any Corporatocracy will limit its actions towards enablers and consumers; the rest is pretty much screwed. In a monarchy all citizens matter and the people do not seem to be able to grasp that, the UK (and the Netherlands, as well as Sweden, Belgium and so on are monarchies within a Corporatocracy and that is a very different setting, that stage can only be made profitable where debts are soaring and the banks not the government decide where you can be at, a situation we see all over Europe. this is not new, I did not invent it, other voices going back to 2014 say pretty much the same thing, I merely have a lot more data available at present. The media relies on advertisement money from any Corporatocracy, so you cannot expect them to actually inform you, it is a double edged blade and both sides are pointed at YOUR guts, it is that detrimental a situation.

So as Greece made a few issues clear in the wrong way, people like Nigel Farage went with the notion of ‘Better Out than in‘, I agree with him, yet I remained on the fence for the longest of times. It was the second ECB stimulus who would put us so much deeper in debt that got me across. The first stimulus was fine, it was an option and even as it did not work out, it gave Europe time, yet the second one the best we could hope for was time and that is where the problem started and now as stimulus 3 is on the table the setting is too unacceptable, the UK needs to get out and fast, deal or not.

Let’s not make a fairy tale, this will not be a nice time and things will get worse for a little while, anyone telling you different is lying to you. The issue is that with the ropes cut the EU cannot force debts on the UK to the degree it is doing now, more important the UK gets to make a few other choices and it will down the road (3-4 years) turn the economy in something stronger. It will result in an actual better quality of life over time, but it will not be immediate. This is why the ties and economic options with players like Huawei (5G), nations like Saudi Arabia (all kinds of goods) and a few other players become important (optionally India with generic medication). Anyone with the misguided notion that Human Rights are the optimal route better stay at home. If Human Rights were an actual power there would be no age discrimination, there would be actual better (and more) housing and there would be a better social security. All missing and mostly because in a Corporatocracy, corporations are largely tax exempt, exactly what we see today. In that stage we now see the rumblings, even as players like Google, Facebook, Amazon, Apple and others are all making noises on leaving, they do so at the risk of losing 69 million consumers. Facebook is truly global, so is Google to the largest extent, yet for Apple we get Huawei, ASUS and HP, Amazon leaving would give the people a slimmer HMV and optionally small businesses come back (my preferred solution), and even as corporations are shouting, screaming, streaming and threatening, they all realise that you cannot walk away from 69 million consumers. Not when they need to share the smaller EU pool with 3-4 competitors at every corner. That is the part we all forgot, consumer power is actually power and we listened to the likes of Jeremy Corbyn for far too long. To be honest, I never thought that it would be possible to be more dim than Nick Clegg (LIBDEMS), yet I was wrong, Jeremy Corbyn pulled it off nicely. I am not stating that Boris Johnson is without flaws (his barber being the obvious one). I am stating that the UK has been in a dangerous position for far too long and as long as the ECB does the way it does it, the danger stays, getting away from that danger is an immediate need at present.

 

Leave a comment

Filed under Finance, Law, Media, Politics

When in doubt

It started 5 days ago when I wrote ‘Bitches on parade‘ (at https://lawlordtobe.com/2019/08/26/bitches-on-parade/). The premise from my point of view is that you cannot heckle a country based on a lack of evidence (read: CEO Jamie Dimon), so whilst he pulled out of the Saudi Conference, he was eager and willing to take a chunk of a $2,000,000,000,000 pie at the drop of a hat (any hat). The man has no principles when it comes to money, which is fine. Yet now the entire event is exploding in several directions as the Guardian (at https://www.theguardian.com/business/2019/aug/29/political-uncertainty-puts-london-listing-in-doubt-for-saudi-aramco) informs us that “state oil company may rule out the London Stock Exchange amid Britain’s rising political uncertainty“, in one word brilliant! Two years of whining and lack of decision is not about to hit the British MP field in a massive way. It gets to be even better when we consider the impact for the EU as a larger field, the current favourite according to insiders will be the Japan’s Tokyo stock exchange. If that happens, I get to smile whilst a whole range of bonuses will not arrive with Wall Street, the ECB or London (I am least happy about London missing out). There is a price, there is a cost to doing business and it seems that this week Saudi Arabia is making the tally to that event.

And now we see that the field changes. With quote: “Saudi energy minister, Khalid al-Falih, reignited plans for the float earlier this summer after announcing that officials were working to list the company within the next two years. Aramco announced earlier this month, in its first investor call, that it is ready for the listing whenever its shareholders agreed market conditions were “optimal”” It is here that we need to see the profit, the sudden option for Tokyo, who was not in the race at all also implies the added risk that Tokyo says ‘yes’ (read: Hai!) too eager giving the Saudi Aramco executives a much larger bonus than they expected, making the wave on the market gives rise that there will be two waves and these executives get to enjoy the windfall of both waves. I reckon that Lürssen Yachts (optionally Damen Yachts and CRN) will get to look forward to at least 5 additional commissions for yachts over 90 meters before the end of the year.

There is a much larger issue; it is not merely who gets what, and where we buy in. Bloomberg gave us on Thursday: “It’s been a good week for those seeking to pare bets on a market that brokers including Morgan Stanley say has become too expensive, given weakening fundamentals. MSCI on Tuesday wrapped up the second phase of including Saudi shares in its developing nations index, prompting billions of dollars in inflows from passive funds. Some active managers took advantage of the increased liquidity to reduce their holdings“, there is no way for me to comment on the issue as stocks are not my trade EVER! Yet consider the quote ‘brokers including Morgan Stanley say has become too expensive‘, yet they too are rallying to get their fingers on Aramco. Business is hard and I am fine with the directness that the market needs to be. Yet Aramco is different, everyone wants in and as such Saudi Arabia gets to elect the offerings and as such some players are about to enter the new field, they are optionally becoming the next Ricky Fuld, who was the only person not offered a deal in 2008 whilst the others got one. I am not sure on how to see that, The Wall Street Journal gives us ‘Branded a Villain, Lehman’s Dick Fuld Chases Redemption‘, these people walked away with massive amounts whilst almost one in two households got foreclosed in the end, that is a massive amount of anger to deal with and I personally believe that the Saudi’s will do business with everyone, just a certain group of people will have to be willing to cut their margins by a fair bit. Certain actions have impact and will have a considerable impact of the option to do business, Saudi Arabia could afford to wait, of those people had only decided to wait factual evidence, that would have been nice, not?

I believe that their hypocrisy on Jamal Khashoggi now has a price (to some degree); in addition the economic turmoil gives Saudi Arabia the option to select the host, who will gain a lot. I never considered Japan before today on this, but the choice makes sense.

We could go with the option: ‘When in doubt select the ally that seems more sincere‘ or we can go with ‘Be careful who you wake up with presented and insincere morals‘ I reckon that Wall Street and Especially the ECB need to learn from the second option. No matter how things unfold, pretty much everyone will be keeping 100% attention on the Tokyo exchange, something that has not happened in a long time and Aramco made it happen. And all whilst this is going on, the UK is still in all kinds of childish banter, especially by opposition parties. So when we get the Jeremy Corbyn quote “avoiding a No Deal Brexit” my (absolutely less than diplomatic) response would be “If you weren’t such a stupid dick, you could have done something 2 years ago, but you all played the ‘it will blow over’ tactic ignoring the democracy when they majority decided to Brexit!“, and now the mess is becoming even larger as London lost the option for hosting the Aramco deal. We even see Dutch issues with: “Dutch Foreign Minister Stephen Blok said on Thursday that “serious talks” on Brexit had taken place in Brussels this week, but warned the two sides “are not there yet” on a deal“, there was never going to be a deal, all delays were set to try and overthrow Brexit, now you see that there will be a much larger impact and there will be trade deals in the end no company will walk away from the option to tap into a 69 million consumer base.

That was a clear setting from the very beginning, anyone ignoring that part is delusional. Let’s not forget that the need to exceed shareholder expectations also automatically imply that the EU customer base representing half a billion people also means that 13.5% of them will not ever be shunned, someone else will walk in and take over.

For some, the entire Aramco was icing on the cake and now that this falls away and falls away from Europe also means that the EU will have several grim numbers to report in January 2020, plenty of people are already scared whit less and ready to retire as soon as the October 2019 numbers are released.

When in doubt, never trust Status Quo to actually remain. It is the deadliest of traps and it just sprung.

 

1 Comment

Filed under Finance, Law, Media, Politics

Premise towards boredom

Yesterday’s article in the Guardian by Alex Hern is a bit of a wakeup call. When I re-read the article I start to agree with him more and more. As a gamer, RPG’s have been my life. This started in the old days with the Ultima series by Richard Garriott on CBM-64. The first full game experience was the third installment. On the CBM-64, the quality was a little less then you see now, but the entire experience was amazing. This game made me addicted to RPG’s for life and Ultima 4 made matters worse for me. I was lucky; some RPG’s will never have the amazing depth that the Ultima series offered, not for at least a decade.

Yet Alex asks the important question: ‘are role-playing games getting too predictable?‘ When I sat down I did exactly that, try to avoid predictability. In my version of TESVI I was at all times considering replayability. As such the creation required sidesteps, not to be reflectively repetitive, but to set the stage of 100 missions at least twice over, so you did not play two versions of a mission, but two very different missions. It allowed for the market value of a game to remain high, whilst at the same time give other players something to think about. I had been there. I must have played Oblivion 3-4 times all the way through the end. Yet at heart it remained repetitive, so my design was the thwart that nuisance. Skyrim was a little the same in many ways, and Skyrim even as it outperformed Oblivion by a large amount had a few issues, some slightly terminal, but with a game that large it is almost unavoidable (I did say almost). So if we open The Elder Scrolls to number 6 a lot more was required, and as I set the model in play (not the one Bethesda is releasing) I remained dedicated to what Bethesda will offer, because so far they have not disappointed me (this is NOT about Fallout 76). So as we see the push towards the outer Worlds, we are given: “In this world, where mega corporations are starting to take over alien planets, you can act like a hero, an opportunistic mercenary, or a total idiot. The writing is sharp, snappy and funny, the world exciting and vibrant, and there’s a classic New Vegas interplay between factions of characters, any of whom the player can help or hinder“, I am not questioning, not judging, and not placing a verdict. I await the final result that is open for review and purchase. The writer (at https://www.theguardian.com/games/2019/aug/20/from-cyberpunk-2077-to-the-outer-worlds-are-role-playing-games-getting-too-predictable) is giving us a lot more. So when the article ends with: “But their genre needs its Breath of the Wild moment: an outsider to toss out the conventions, and build something beautiful from what is left. Surely choosing between shooting, stealthing or sweet talking can’t be the only options that the next generation of virtual worlds have to offer“, I find myself agreeing with him to the part that games (at times) need more. Yet is that in part the limitation of an RPG? What if we take another look at the Ultima range? Ultima 7, the Black Gate is one of the few games that EVER received a 100% rating from me (on PC). In that time (1992) that game surpassed anything else, and others never came close to what The Black Gate offered. So when we see the part ‘shooting, stealthing or sweet talking‘, we need to consider alternatives. There was the option of getting a job (so not shooting and killing), stealing (stealthily not working), and Retail industry (not sweet talking). In part we saw the retail on Skyrim by selling (just like in Oblivion), in Fable 2 and 3 we see the option of doing jobs and gaining money that way, even buying the place and getting the revenue, so we have seen it (almost) all. Yet what happens, when the world is truly a lot larger? What happens when your impact is seen as one of thousands creating commerce and in that way create price fluctuations? What if the game needs to be set to the larger premise? To get one part right, and through the linked limitations create a new system of balances to get the whole environment correct? Make the game impact seen through the changes that not just you create. As a member of the thieves guild you can never be a companion, or with the fighter guild or the Mages guild. So what happens when we take a much larger bite out of the apple of gaming and actually set the apple to be an actual much larger play of impact? The apple of knowledge (Eden), the golden apple (Olympus) and the apple of immortality (Asgard), set the stage where you can merely choose one of them, creating a tripod where one leg is rigid and the other two vary to create some form of balance.

What if one choice demolishes the others and through that path offer 300% more? There is still the challenge of making all missions decently unique and challenging, and if you realise that the Skyrim guide is over 1100 pages, we are facing a serious clambake, not a mere picnic. It was the largest stage setting, so whatever I considered to be the design of TESVI, needed to be able to surpass that, and I mean by no less than 20%.

Now, this does not mean that boredom will not set in, the biggest issue with any RPG is the danger of grinding, and preventing that is a first. Most games have become decently adept in minimising that risk, yet it is not zero, even my version would not have zero grinding, so the need to remain long term appealing is essential. The game does not stop there. Now that the gamers soon get Google and Apple with streaming gaming, the game changes even more and finding original content in any RPG game is the essential search for every gaming junk (I am proudly part of that family), so basically the ante is upped by a fair bit. It becomes even more impressing as I look to more challenge and the Skyrim guide has 350 quests, which implies that in my book, I will need close to 800 missions to keep head of the curve and in all this, anyone getting the range of 800 quests is less interactive in what we see and the mountain of work we look up to. It also requires very different IP to continue on a higher level of gaming.
The second level of grinding is often the places where things are found. In many situations we needed to get to the same places (shouts) and we needed to find essential hardware, however if the word wall did not contain Kyne’s Peace, but a random shout? In addition, what happens when you influence the entire game by making another choice as to where the Fighters Guild, the Thieves Guild, the Dark Brotherhood and the clan of Minimarco is placed (Necromancers), more important when you shape the game as you play and the impact is seen on a larger scale. A stage where the trade route from Skingrad, via Arenthia, to Riverhold, Orcrest, Rimmen and Bravil takes another step as the Fighters guild is placed in Riverhold and not in Rimmen, these are all choices that shape a world you live in. Consider the real (non-virtual) world if not Brussels, but Paris had become the centre of the EU, it would massively impact Belgium economy negatively and France’s economy positively, the direct aftermath is that living in Paris would be almost impossible, cause and effect in play. That same setting might be applied to gaming. Where the aggregation of the lowest and highest 1,000 gamers sets the parameters of your RPG game. a game not set in stone, but in motion as 2,000 players are not set to the average, but on the outliers of the high and the low players, a game that is shaped by all as the economic footprint changes. Yet to prevent deal seekers, we make time a much more definite in any RPG game.

As the measure evolves over time, other players become part of the low and the lower high end. A game now in flux, no longer rigid and confined. Add to that that they all might have issues on some of the resurrection choices and we get an entirely new path towards gaming. Boredom can only start to set in when the game is fixed, so we start by setting change to the game itself. A second choice is to add a management part, not just overall, but a specific super large quest, where you cannot complete the quest, but you provide the options for the quest. I can no longer sneak in like William Tell grasping apples, now we create a workforce working the field and still we are involved to maximise what is possible. Yes, we need virtual worlds that have more and differences to offer, but the best option is allowing evolution in ways that we cannot set, we might be able to influence them towards 6%, impacting but not overwhelming. That too allows for a game to be enjoyed again and again. That is the kind of RPG all RPG players want and yet up to now, no one delivered that option, it is surprising and perhaps it will be the cornerstone of any RPG, the amount that cannot be predicted, for all those coming from the very bottom of the maze and interesting challenge to face.

For now we await The Outer Worlds and Cyberpunk 2077 to make it into the family of RPG fanatics, yet we too await the next Elder Scrolls, and who know, perhaps my idea makes it into The Elder Scrolls VII, as a gamer I can only hope to be given the chance to change the game for thousands of RPG lovers in a new never seen before direction. Even as I accept that this is almost not possible and I would settle for a ‘novel’ place in new original gaming, we need to see that it all has been done before, well, it almost all has been done before. Yet so far, the idea’s I had have not popped up anywhere, so I am sitting pretty for now.

I actually do not care whether someone else finds them and implements them; it means new and original gaming, the ultimate rush for an RPG gamer, preferably additions done to a game that the gamer loves. So Alex Hern is correct and the first step in avoiding all this is to make sure that we take a non Ubisoft approach to gaming, I have faith that Bethesda can do that, they might have missed the ball with Fallout 76, but still, they took it in a direction that had not been done before. Let’s not forget that before Nintendo gave us the Switch, we were given the WiiU. Everyone gets to have a bad day and when we realise that Bethesda have given us winners from 2002 onwards, over a dozen clear winners in 16 years, the existence of one less popular title (Fallout 76) with so many winners is not an issue at all, in Bethesda we trust, the rest can take a number and await their turn with the global RPG population.

 

Leave a comment

Filed under Gaming

Waking up 2 years late

The BBC gave us Yesterday: ‘Syria war: ‘World shrugs’ as 103 civilians killed in 10 days‘ (at https://www.bbc.com/news/world-middle-east-49126523), it goes on giving us the goods with: “The rising death toll in Idlib had been met with a “collective shrug” and the conflict had fallen off the international radar, while the UN Security Council was paralysed, she said.” the remark should be regarded as pointless, useless and inadequate, all at the same time. It seems to be that Michelle Bachelet is all about laying blame, while it is her office that had failed to the largest degree and the United Nations close to totally. To make good on that accusation, I merely need to point to my article of March 19th 2017, an article called ‘The failure of a current generation‘, it is there that I end the article with: “you only need to ask any Syrian refugee to hear clear doubt, especially after 6 years of too little actions and for the most no solutions. We as a global population have failed these victims who turned to us for help in the most disgraceful of ways“, events clearly visible well over two years ago. The equation is really not complex. It is a country no one cares about, it has no economic powers, there is no glory to get, only optionally the award called the ‘Extremely late to the party Award‘. No politicians wants to touch it, there is no glory, no Nobel Prize for peace and no financial rewards to be found. It is a pile of sand, stone and cadavers that is the brunt of it. The Syrian GDP is around 41.6 billion; the EU spends more on staples and paperclips every year (roughly). No body wants to touch it. Even as we hear the accusations by Madame Bachelet, we must notice the close to complete absence to get anything done.

So when we see: “Last week, the UN said more than 350 civilians had been killed and 330,000 forced to flee their homes since fighting escalated on 29 April. But that figure has now been revised, adding 103 extra deaths in the past 10 days alone. The estimate for the number displaced stands at more than 400,000“, we see the beginning of selective executions, optionally the stage of ethnic cleansing (requires more evidence to prove). That part is optionally seen when we consider one source giving us ‘In Syria’s Idlib, Turkey aims to curb Kurdish militia and refugee flow‘ last May. What is interesting is that the BBC and Madame Bachelet have no mention of Kurds at all.

Professor Balanche (research director at the University of Lyon) gave us at that time: “Turkey had long opposed any Syrian offensive against Idlib, out of concern about refugees and to focus on President Recep Tayyip Erdogan’s primary goal of keeping the Kurdish-led People’s Defense Units (YPG) from taking control of Syria’s northeast frontier“, the timeline is uncanny and the fact that we also see (in August 2018) “Noting that there were Kurds in Idlib, Xelil continued, “Idlib is under occupation by terrorist groups supported by Turkey“, Xelil in this case is Aldar Xelil, a top Syrian Kurdish official. The fact that Madame Bachelet and the BBC are BOTH leaving that part not mentioned is a larger concern. It seems that Turkey is too important to lose to the west, the actions by the United States “Until Washington adopts a long-term strategic posture designed to safeguard Turkey’s core interests“, as well as ‘Turkey’s president calls for further interest rate cuts‘, with the additional “Erdogan says central bank’s decision, while welcome, does not go far enough“, as well as “Analysts say that Turkish assets have benefited from a dovish tilt by the US Federal Reserve and the European Central Bank, fuelling investor appetite for riskier emerging markets. Even after Thursday’s rate cut, Turkish assets offer a significant premium for investors” (at https://www.ft.com/content/974c1b5a-af9d-11e9-8030-530adfa879c2), it is all about giving way to economic interests and the investors. The media evolves into a Seraglio under the all seeing eye of cathouse owner Madame Bachelet, and until today I never expected the BBC to cater to that premise. They are all willing to hand over the lives of Syrians, no one cares about that, whilst we still hear he screaming over a journalist no one cares about (Jamal Khashoggi).

There is a clear path of 5 years of inactions towards Syria, all the actions of paper is literally it worth the value of the paper it was printed on. The United Nations in a seemingly long term strategy that has one massive flaw, by the time that their strategy has value, the Syrian population will be gone for 90%, with only the enabled left with all the resources and wealth. I reckon that the 6.5 million displaced within Syria will vanish, we have all seen this before, it is merely repetition and no one is willing to hold these parties to account, they have other more economically tainted interests.

For Russia it is good news, as Turkey already bought the missiles, it has more and more options in both Syria and Turkey, the inability to get anything done from EU and US shores implies that they have nothing left, just howling behind the humanitarian UN bitches, who are all speech (and essay) and for the most part of total inaction, and we have millions of Syrians who can testify to this, they have been doing so since 2017, yet those voices have been drowned out by the media to the largest extent. It was Yesterday that the Arab Weekly gives us “Syrian refugees can’t find enough arguments to convince the world of the need to end their crisis“, the answer is simple, they have no economic footprint so the west will not care, exploitation comes at a price, you are either a consumer or you do not matter. (at https://thearabweekly.com/syrian-refugee-crisis-sparking-populist-reactions-middle-east), in all this what we read written by Baha al-Awam is correct, there is nothing that is done, because those who care have other interests and Syria is not an interest for them. For a short time the Unites States was interested due to their ‘anti-communistic’ phobias pressing on the matter, but they lost that part as they are too bankrupt to intervene and for now keeping an imbalance on Iran versus Saudi Arabia is as good as it gets, because their footprint is better whilst the imbalance lasts, it is when Saudi Arabia truly grows, it is then that the US fears the impact that they lose in the Middle East, it is that simple. It was not rocket science; it never was in the first place.

Yet there is another side, one that cannot be ignored. The article (at https://www.bbc.com/news/world-middle-east-45403334) is linked to the article that we are talking about and it has a missing element. It is overwhelmingly Jihadist force and also has Syrian rebels, yet the implied presence of Kurds is ignored, however there are clear indications from several sources that there is a shift. With “those working in the northeast alongside Kurdish groups” indicates that Kurds are getting involved more and more in this region and this is likely what worries Turkey, because if this grabs a hold, it could spread to Turkey and that is what Turkey fears, it has too many issues and by the time acts matters Turkey will have to redeploy forces, to what degree I cannot tell, because I have not been able to find any numbers on Kurds, merely that it has been happening for several months now (if some media is to be believed).

Yet there is clear presence and the BBC ignored it, and that is what matters, because this is not how we have ever seen the BBC and that is a worry. So when we see the BBC waking up 2 year slate (in light of the article) I wonder who is taking a long hard reality driven look at what is actually happening there.

I wonder what we will be ‘informed’ about next.

 

Leave a comment

Filed under Finance, Media, Military, Politics

The Yellowback politician

There is a phrase I initially heard on an episode of Star Trek (decades ago), the phrase goes “Do I detect a streak of yellow across the good fellows back?“, it was Dwight Schultz (aka Howling Mad Murdoch) as Reginald Barclay in an episode where he pretends to be Cyrano de Bergerac in the episode Hollow Pursuits, and weirdly enough, it all seems to fit, I know that it is just crazy coincidence, but that is just what it is, coincidence (and crazy to boot).

So when we see (in the Guardian at https://www.theguardian.com/world/2019/jul/01/eu-powers-resist-calls-for-iran-sanctions-after-breach-of-nuclear-deal) the quote: ““Today I call on all of the European countries: stick to your commitment,” he said. “You committed to act as soon as Iran violates the nuclear deal; you committed to activate the mechanism of automatic sanctions that were determined by the Security Council. So I’m telling you: do it. Just do it.”” yet it seems that Israeli Prime Minister Benjamin Netanyahu is talking to a room full of deaf people, it is exactly as the headline states: ‘EU powers resist calls for Iran sanctions after breach of nuclear deal‘, you see, no matter how it falls, the initial target is not Europe, it will be Israel or Saudi Arabia, I reckon that it is 4 to 1, 80% chance Israel cops it first and only a 20% chance that Saudi Arabia does. In those odds, Europe does not have any risk and playing the waiting game and merely act out to some degree if one of the two is hit will be fine by them, it is the usual response from those graced with the constitution of a weasel. Even as we see the hollow ‘Focus is on averting further breaches and UK says it remains committed to 2015 deal‘, they merely prefer there not be any additional breaches. They ignore the fact that Iran could have temporarily halting production, they ignore that the reporting moment does not coincide with the moment Iran officially transgressed that line, they ignore that there is credible intelligence (OK, more wild rumours) that there is more than one additional unmarked enrichment site, that is all ignored, merely they prefer not to see additional breaches. When there is no skin in the game, when the economy has no real suffrage, the inaction game can be played, no matter who gets hurt.

What they fail to see is that no matter who gets hit, both Israel and Saudi Arabia have no options but to strike Iran, perhaps that is why all the arms deals were stopped? One could argue that the quote: “European leaders had urged Iran not to breach the deal, but the focus may now be on dissuading Iran from taking further, more serious steps away from the terms“, it could optionally be seen as a soft approach towards containing the fallout, quite literally so, and yet there is a first. It will be the first time when Saudi Arabia and the State of Israel as well as the true allies both have the stage where they all unite in a single need, the destruction of Iran, part of me hopes that this happens, it will be the first signal towards the EU to clean their house, it will be the first time that this union will bring fear to the heart of Turkey, they bet the wrong horse and now they become a target right next to Lebanon and Hezbollah.

Whatever proxy path was optionally in play will now fall away because no nation has ever faced the wrath of both Israel and Saudi Arabia at the same time. Those who played games in that fashion have no place to run to, they have no borders to hide behind, whatever small options these players have, Qatar, Oman, Yemen, Egypt and whatever sympathisers are out there in these nations, facing the wrath of both sides of borders is not a game they signed up for, as such the escalation will be swift and very violent. At that point it will be the first move of Iran to ‘suddenly’ give way to emergency meetings and sit down for some agreement, at that point the EU better sit on the side and not interfere, at that point the race will overtake manners and devour Iran. It is at that point that people like Ali Khamenei and Qasem Soleimani will make some hopeful statement on errors made within the rank and press for a diplomatic deal and some peace conference, but it will be too late, we should not hear of it and those so called European leaders who resisted calls better get out of the way at that point, they missed the option, they scathed their duty and the should remain silent, run and become a barber or an uber driver, it is basically all they have left.

I would prefer to avoid all these complications, but the inactions of those relying on gravy trains and non-commitment have burned their own boats and their own bridges, Iran will not learn one way, so they will have to learn another way. It took me a few hours to design an optional solution to cripple their navy, I feel certain that I could take a look at their air force and airfields and give some additional fun (solving puzzles is actually a lot of fun).

And it goes beyond that, even as we see: ‘Israel preparing for possible military clash between US and Iran‘, it is more likely than not that US will halt its stance before the military clash happens, it will run to the border with all might, but not commit to an armed exchange, it will however not stand in the way of Israel and Saudi Arabia when they do strike, this differs them from the EU, the EU will do whatever they can to force any negotiation, even after a first strike by Iran, optionally via Hezbollah or Houthi forces and that makes this game a lot more dangerous this time around. As no one was able to stop Iran arming the other two, we are in the dark on how much was delivered and how these two will strike. Houthi forces will strike Saudi Arabia, Hezbollah will strike both Israel and Saudi Arabia, yet Hezbollah will more likely than not hide behind Houthi outfits, the rest is still open. As CNN reported hours ago, “Yemen’s Iranian-backed Houthi rebels claimed responsibility for a drone attack Tuesday on Abha International Airport, according to the Houthi-run Al-Masirah news agency. The Saudi-led coalition fighting the rebels confirmed the drone attack and said it believed Tehran was involved in the operation“, the problem is not merely the attack on the airports, it seems that Houthi (or its Hezbollah/Iranian operators) are getting more adapt at their actions implying that the targets might change soon enough, the fact that Iran is out of options also implies that they need Houthi forces to hit Saudi Arabia harder and that is more likely than not going to happen. Until the shipments stop Saudi Arabia is facing a battle on 2-3 fronts, a third front will happen if Hezbollah openly commits towards Iran and the Al Qurayyat region. There is no intelligence to prove that, but tactically Hezbollah could use that stage to also increase pressures on Jordan and Saudi Arabia at the same time; I cannot help but wonder on how far this could escalate and I cannot stop but wonder how the ignorant inactive politicians in Europe let it come to this. They all knew what was at stake; they all left it to some proclaimed expectation of ‘US actions’ who in their current state could not even afford to go to war with the 17th century VOC (and a 17th century technology navy), their state is pretty bad. Even if they score immediate hits on Iran, it will escalate and until they get direct fire support from both Saudi Arabia and Israel, this could escalate out of proportions giving rise to serious damage to Jordan, Bahrain, and the UAE to boot. Iran will avoid pushing Qatar, but there is no guarantee that they avoid damage. It is a mess that could soon become uncontrollable; the inactions of Europe push for that scenario more and more.

I personally believe that it will come to blows within the next few weeks. I would be extremely happy if it could be avoided, yet as the present stage is, I am uncertain as to how it can be avoided, the best chance would be a first strike on Iran and see if Iran realises that they pissed off too many sides at the same time, but that is not a given. They might not have any chance to win, but they can still do loads of damage to several players and there is no denying that the IRGC is ready for battle, making a quick victory over Iran extremely unlikely, or perhaps it might be more correct to state that a quick victory is only possible through a severe impact on all fighting sides, a cornered party will do weird jumps and that has been a truth in life and nature like forever, so the entire situation is not out of reach and let’s not forget, Iran had the option to create a stage by temporary halt enrichment and they decided not to do that. As such the escalation has clearly be on their side and no matter how the stage with America was, by surpassing enrichment amounts they have clearly given the indication that they care not for the accords and they are calling the bluff of the EU and America to escalate issues further whilst ignoring the danger that either Israel or Saudi Arabia is, as such they only have themselves to blame when the damage in Iran takes on a much larger proportion than they anticipated, the question then becomes will the attacking nations stop, or will they to prevent Iranian attacks continue until Ali Khamenei and Qasem Soleimani and their inner circles are completely removed from power. We might think that this is the best outcome, but it is not. The devil you know beats the devil you do not and in Iran there will always be another Mahmoud Ahmadinejad waiting to take the highest seat of Iranian office.

One would have hoped that the yellowback politician was an extinct breed, but that is not the case and I fear that their damage will be visible for decades to come, no matter where that damage is.

 

1 Comment

Filed under Media, Military, Politics

Yay or Nay

There is no escaping the EU elections, the issues are large and the anger in Europe is equally sizeable. In France Marine Le Pen has the lead with a little comfort, but not much. Still Macron got initially defeated (at https://www.independent.co.uk/news/uk/politics/europe-election-results-france-marine-le-pen-macron-national-front-rally-latest-a8931361.html).

So even as National Rally is ahead by a fair bit with 24%, it is only 1.5% ahead which is comfortable but by no means a done deal at present. With “even slightly down on what the National Front won in 2014 – meaning the party has made little progress on previous years against an unpopular president” we see that Marine Le Pen is not set in stone, she will need powerful allies in the EU to get anything done and as we learn that “the Danish People’s Party and AfD have stood still or fallen back” it implies that she is already two allies down, and as we also see that at present the Europe of Freedom and Direct Democracy (led by Nigel Farage) only has 54 seats (7.2%), and in all this her Dutch allies fall short by a lot, there the reversion to the old parties is remarkable, it is there that we see that the Forum for Democracy (Thierry Baudet) is seen as the joke it needs to be seen as. Although having 11% and the Dutch PVV (4.1%) shows that Geert Wilders is pretty much done for. Dutch Labour took 18%, with the classical parties VVD (15%) and CDA (12.3%) together they are taking a little over 45%, when they get the Greens on board, the majority is a fact and the other two are out of consideration. The independent also shines light on something I noticed earlier in Australia. It seems that the Greens and their choices are having an impact on Global scales. The Green parties have made remarkable strides in the Netherlands (Groen Links), the Greens in the UK and in France (Europe Eologie-Les Verts) are now a European force to be reckoned with, a shift I actually never expected. As we see that in several places their growth is almost everywhere (where it matters that is) is a 10% growth, it requires us to look into it, these are the voices of the people and even as I am a Brexiteer, I will not ignore the Green view when it grows that fast. I have always given support and specifics on why I am a Brexiteer and I understand that plenty of people have another view, so when we see such a shift it is important to examine the optional why. I refuse to give in to some ‘voting fraud’ BS story. Yes, there will be voting fraud, but the optional 322 fraudulent votes do not add up in a place where 675 million people are eligible to vote. Only a complete fool will set weight to 0.000477% to invalidate any election (I guess that there is a chance that Dutch Thierry Baudet will do just that soon enough).

I am actually willing to speculate that for every Brexiteer there is a person who thought that Brexit was too extreme and pushed towards Greens, other opposed UKIP and went LibDem (a wisdom that is definitely debatable), which is my personal sense of humour that is kicking in. I made notice on this in the last election. I wrote about that in ‘On the purple side‘ (at https://lawlordtobe.com/2017/05/26/on-the-purple-side/) in May 2017. When I dug into the numbers that the Guardian had, I noticed that “a lot of UKIP and Labour are too uncomfortable with the conservative view“, The numbers showed that the shift when Tories were number one, that the growth went to either Ukip or LibDems and they were almost always mutually exclusive, Where LibDems ‘ruled’ there was a diminished Ukip and vice versa, which was an interesting side to see. I believe that this trend has continued, which is why the LibDems surpassed Labor, Greens and Tories, for a lot Brexit was too extreme and they went LibDem instead. How this will work out in the next national election remains to be seen. In this case it will depend on what the Brexit party actually achieves and so far the EU elections do not give them too much to work with. Nigel might have Marine Le Pen in his corner, but with the Dutch, Danes and Germans absent in this, they lack the seats to get anything concrete done, which would have been essential if the Brexit party would be growing a national impact. On the plus side Jeremy Corbyn got kicked out of London, so there is still another reason to party and when we are confronted with that result we see a reason to have a milestone party, even if that milestone has a LibDem flag firmly planted on it.

We cannot tell what Vince Cable will do next, but today he gets to party, he has earned it and he should. It has been a while since any political leader went out on a high note, just ask Theresa May, and as I see it the win for the LibDem will be the hardest challenge for whomever succeeds Vince, keeping the votes will be a large task, even as Jeremy and Theresa are on the way out (Jeremy Corbyn is in denial of that part for now by his intent to be monitoring workplace humour), their infighting implies that either party will not be out for LibDem blood, but that might not be for as long as the LibDems hope for.

In the meantime just to appease Jeremy Corbyn: ‘How many managers does it take to change a lightbulb? None, they are not qualified‘, monitor that Mr Corbyn!

In recognition

So if I am such a Brexit fan, why am I not angry at the defeat? I believe in democracy, if Bremain would have initially won, I could have lived with it, because we are all for the most democracies (except Turkey at present). The issue was that the Bremain groups were complacent, ignoring the danger, and when they lost the fear mongering began. I will revisit certain articles form then and highlight the big business connections whenever possible. The EU facilitates to big business, only the delusional highlight laws and proclaim that the butcher and grocer at the corner benefits. It all benefits the Tesco’s and large providers, it makes the multi-millionaires and billionaires richer, the rest still end up with a diminished quality of life and for them the EU has had a close to zero impact, but they all share in three trillion in debt that the ECB hands over and the chosen (not elected) individuals walk away with enough coin to live in luxury for the rest of their life. That was the biggest issue and so far no serious attempt has been made to cull that problem. Earlier this month when the Irish Examiner (at https://www.irishexaminer.com/breakingnews/views/ourview/pay-for-meps-time-to-halt-the-gravy-train-922371.html) to the small fact of “outgoing Cork MEP Brian Crowley — whose health condition has prevented him from attending the parliament since the last election, in 2014 — will be entitled to severance payments of more than €350,000 and a €1.4m pension package“, so basically the man has not done his job (for 5 years) and gets a £1,541,000 package? Most people have to take a medical to proof that they are good enough to work in a bar at £7.90 an hour, as such, when you are in denial regarding the gravy train, think again. It is one of the larger supporting reasons to be on the Brexit side. A group of people who basically cost a lot and in the end do not bring that much to the table. And it is not merely their income; it is all the extra facilitation and expenses that are the much larger problem, an issue that the Guardian (at https://www.theguardian.com/world/2018/sep/25/mep-expenses-eu-court-ruling) gave some visibility to. So when we see: “Details of MEPs’ €4,416-a-month expenses to remain secret“, whilst the larger issue is seen when we consider that besides that part, there is also: “Members of the European parliament are paid €8,611.31 (£7,705) a month in gross salary, plus pension. On leaving the parliament they receive a golden parachute, a transition allowance worth up to €206,664, depending on length of service“, which makes partial sense to some degree, yet a ‘transition allowance?‘ We usually get fired or we’re on a contract with a known end date, for a European MEP that is optionally the next election. And it is not one, it is a setting of 751 members and to some degree their staff will also be offered some expenses (which is fair enough).

So when you consider where your money went (besides the unacceptable 3 trillion in debt from the ECB, there you have it and the entire EU gets to pay for all that, so how useful is the EU for non-huge corporations in the end? I accept that there is a positive part in the EU, but it is one that comes at too high a price and that should have been central, but it is ignored to a much larger extent and now that the election are over and the new wave of keep the EU intact continues, yet even as we all bitch on expenses and nothing is done, I feel that Brexit was the only option, I wonder if it will ever actually happen and if we are on the final nose length to enable Brexit what false promises will we see from Brussels and what will actually be done about it all.

I am not optimistic at present, and I have every reason not to be optimistic any day soon.

 

Leave a comment

Filed under Media, Politics

When the media decides not to tell us

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

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

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

Reuters

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

Al Jazeera

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

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

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

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

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

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

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

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

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

 

Leave a comment

Filed under Finance, Media, Politics

When the joke is on us all

We all have moments where we imagine that the dice is cast, yet we play roulette, we think we have the numbers down, yet did you know that the roulette number sequence is different in Europe compared to America? These are all elements in a play of high stake gambling. That same setting returns when we look at the Guardian article ‘Campaigners head to court to stop arms sales to Saudi Arabia’. The article (at https://www.theguardian.com/world/2019/apr/06/campaigners-court-bid-to-stop-uk-arms-sales-to-saudi-arabia) holds two sides (apart from it being partially a joke in my eyes). You see, I have no issue with people who have the principle of being against weapons. That is their prerogative. What does bug me is that these same people will suddenly blame the government for all kinds of issues and they will scream that they want higher taxes for the rich, ignoring the fact that they are the cause of several issues that are the consequence of some faulty misdirected version of ideology.

So even as I am happy to step in and take over the arms trade to Saudi Arabia, mainly because I do not have the luxury of walking away from a multi-billion pound deal, you see the rent is due next week and I would like a nice mince pie after I pay my rent, the £3,576,229,000 will enable me to get both. OK that amount would not all be mine, but 20% could be and that is still £715,245,800.

My entire pension issue solved overnight. The article takes us a step further. With: “The UK court case comes amid the continued fallout from the murder of journalist Jamal Khashoggi, who was tortured and assassinated by Saudi agents“, I am fine with that step for the mere reason that there are too many question marks in that case. The evidence on several levels is missing proper scrutiny, the fact that Turkey has other agenda’s in play is ignored, and the involvement of Iran in all this is ignored on several levels. I am not stating that things did not happen, there is clearly a massive lack of proper scrutiny and people like the Campaign against Arms Trade are fuelling my opportunity and I am fine with that, if stupid people enable me to become wealthy, why would I oppose?

How Come?

Well, we are decently certain that something happened to Jamal Khashoggi, yet to what degree can government actions be proven? That is the issue, there is no evidence and as such can you, or should you stop dealing with a sovereign nation with a lack of evidence? In addition, in the other direction, we have seen a massive indecisive move towards Iran whilst Iran fuelled activities go on in Europe, October 2018, January 2019, covering Denmark, France, Netherlands, and the UK. Yet over at that point, we see an utter lack of actual actions (merely considerations).

Does it matter?

Well that is in part the question, we can accept that Campaign against Arms Trade wants it all to stop, but what is ignored is that merchants have markets and the UK cannot evolve next level defences if they cannot be sold. So whilst places like Saudi Arabia are still opening their internal market to have quality defence gear, places like the UK, Russia and America are looking to sell defence solutions to places that can afford them (Saudi Arabia, Egypt, UAE, Taiwan, South Korea and a few more players), yet the well is drying up, more and more countries have their own solutions and the size of the cake is getting smaller.

The next part is seen where we get Andrew Smith of Campaign against Arms Trade giving us: “This case could set a vital precedent and end UK complicity in the worst humanitarian catastrophe in the world.” In that I respectfully disagree, the catastrophe was that too many people sat on their hands for too long, the fact that Yemen is not just the Saudi-led coalition, the other side, the terrorist side is more than Houthi fighters, it includes Hezbollah as well as Iranian forces, by leaving that out, we see an unbalanced stage and in all this we see a deterioration of events, so even as we accept (to some degree) “civilian targets in Yemen have regularly been hit“, in addition we need to accept the Human Rights Watch who gives us clearly: “Houthi forces have repeatedly fired artillery indiscriminately into Yemeni cities and launched indiscriminate ballistic missiles into Saudi Arabia. Some of these attacks may amount to war crimes. Houthi attacks have struck populated neighbourhoods in Yemen, having a particularly devastating impact on Taizz, Yemen’s third largest city.” There is more than one player, yet these focus groups have merely looked at the Saudi side and that needs to stop, not because of what they are trying to achieve, but because the actions are much larger then they proclaim and there are two sides. In addition to what was given we need to consider the fact that Houthi forces have been staging some of the events. Al Jazeera gave us more than once: “The war has been at a stalemate for years, with the coalition and Yemeni forces unable to dislodge the Houthis from the capital, Sanaa, and other urban centres.” This indicates that the Houthi forces are in-between the population, with 16 million on the verge of death by starvation, is inaction even a problem?

Yet, from one point of view, I do not mind. If I get the option, I will sell it to the Saudi government and I will send Andrew Smith an authentic Fortnum and Mason hamper, just so that he knows I appreciate him enabling me to write a multi-billion pound invoice. Of course, the optional impact that the UK faces if the profitability of Britain’s largest defence company, BAE Systems is set to zero. I feel certain that Andrew Smith can explain it to the thousands of workers out of a job if I am given the assurance that I can get a much better margin by selling the Saudi government 47 Mikoyan MiG-35, complete with training and proper service level agreements. That puppy is a direct superior option against the Typhoon, the Super Hornet and a few others; my upside is that if I get Saudi Arabia on board, I am likely to get additional requests from Pakistan and at least three other governments.

So at that point, how exactly did Campaign against Arms Trade achieve anything (other than making me filthy rich and I will thank them in person for that). In this day and age where the markets and economies cannot take these hits, it is the ability of Andrew Smith that Europe fears, you see commerce is at the heart of the matter, and at this point, any nations bringing in bad news will stop being an asset, that is the Wall Street premise we all signed up for in 2005 when things started to get bad, we never corrected for any of it.

Distasteful like a Vegan

We can all consider where our ethical boundary is, yet in all this, we seem to forget that any sovereign nation has the right to self-govern, Europeans with their gravy train, ECB and shallow morals seem to have forgotten that. In all this having commerce allows diplomats to find a path that steers some nations away for certain practices and that path will be denied to them soon thereafter. Consider that I am all about profit and the Campaign against Arms Trade allowed for that change, how did they achieve anything? Because the UK misses out on have a dozen billions a year less? How many projects and funding issues will dry up the year after that starts? We have settings and measurements, most do not deal with terrorists, most do not sell to individuals, and the Campaign against Arms Trade is starting to allow for the return of those markets.

Sidestepping into art

Consider John Wyndham’s 1951 novel The Day of the Triffids. Some saw the movie, some read the book. Yet what happens when the sequel is a direct horror story? What happens when the sequel gives us the stage where the Triffids land on a planet ruled by vegans and vegetarians? How scared will they be (the Triffids that is)? This relates to the setting we have, you see, we seem to push towards everyone becoming a vegan and vegetarian (non-weaponised), because that is what their norm states, yet what are we going to do about the hunters (lion), the carrion eaters (Hyena) and other non-vegetarians? What do we do when people have certain norms and will not be told by anyone how to act? Is that such a weird issue?

You merely have to look at football hooligan UK to see that part of the equation, and there is no end in sight. It is a shallow connection, I agree, yet that is the ball game, someone wants to pressure towards an ideology whilst the other players are not interested. Now that does not invalidate the ideology, yet the fact that the reasoning is one sided, whilst the entire economic premise requires selling to other governments is a factor that cannot be ignored.

Who are we to dictate rules and manners? I get it, by denying the Saudi government one’s own screwed up values is all good, yet when the act does the opposite of what they are trying to achieve, can we agree that the action is not that bright? I am not comparing the Saudi people with either the Lion or the Hyena. I am merely stating that there is more than one option and that is fine for all concerned. How can any nation, most of them either dealing with their own levels of corruption, or facilitating to massive corporate tax evasion, as these elements also impact whatever was to be part of a government budget, do we have any business impeding the other paths that were available? Consider that we were treated only a month ago to ‘HMRC’s first probes into corporate tax evasion facilitation‘, the stage where we are seeing “HMRC has confirmed that it has opened its first investigations into the corporate criminal offence of failure to prevent the facilitation of UK tax evasion, using new powers to tackle corporate fraud contained in the Criminal Finances Act, introduced in the wake of the Panama Papers leaks“, an event that is close to 15 years late. How can we see the actions of a group stopping billions the UK government desperately needs? Don’t worry, in the end I might be ecstatically happy regarding their act, I am not so certain the British people will love the impact of what Campaign against Arms Trade invoked to happen. We can see that there is a lot that needs fixing, I am not sure that international arms trade to other governments no less is a first problem to solve, not with the competition and not with much larger issues in play.

And it is here where we see the delusional part of Andrew Smith, with “BAE’s solution will always be the same: it wants to sell more weapons, regardless of the atrocities they are enabling. Wherever there is war and conflict, there will always be companies like BAE trying to profiteer from it“, we get to see just how whacked his view is. Well, to be honest, he is allowed to have that view, it just does not add up. You see, the actual premise is: “BAE’s solutions are designed to keep Britain safe. Yet the development will cost 155 billion, to assure the top state of defence for the UK, who will only buy for up to 100 billion requires additional sales to global governments who could need that solution, even as the US buys a lot, it is not enough to fill the gap and that is where other nations come in. There is the Netherlands, Germany, Norway, Saudi Arabia, United Arab Emirates, Oman, Thailand, South Korea, Taiwan and a few others. In addition Andrew Smith seems to forget (or he does not care)that others like the US, France, Italy and Russia all have solutions to sell, so we need to ensure our survival for the need of growing British defence and keeping it as high as possible. This part is extremely important, because whoever has the best deals with places like Saudi Arabia is also in the best position to aid and guide international development in places like that. As Saudi Arabia is about to become a 5G powerhouse, that path is more and more important for everyone. Consider the impact if Campaign against Arms Trade is successful. Do you think that British Telecom has a chance in hell to grow the 5G options to the degree they could if their portfolio is auto rejected in several Middle Eastern nations, or only accepted at a mere 2% margin? Commerce is so intertwined in so many ways on a global level that the entire premise Campaign against Arms Trade is to regarded as too ideological, whilst ignoring common sense; it would be nice if this was a setting where there was only the US and the UK, yet there is a strong defence field that includes Russia and China, whatever the UK loses, China and optionally Russia will gain and in that regard, how did that help the British people?

The fact that we see a one-sided part against Saudi Arabia, whilst there is a large and utter denial (or silencing) on the acts from Hezbollah and Houthis firing Iranian missiles into the Saudi population is not mentioned. The article (at https://www.caat.org.uk/campaigns/stop-arming-saudi) gives more, yet leaves the atrocities of the Houthi and Hezbollah terrorists out of that equation, that part alone should be cause for concern. The small fact that at present there is no evidence, evidence that could stand up in court giving us a clear path that the Saudi government murdered Jamal Khashoggi, is also part of concern. As I stated earlier in other articles, I am not stating that they are innocent, I am stating that the evidence has gaps, large ones and the conviction through some political hacks came via a CIA report stating ‘high confidence‘, which is not the same. When did we allow the courts to decide on ‘confidence‘? The fact that the acts in all this (Yemen and Jamal Khashoggi) from both Iran and Turkey is largely ignored is making the entire stage even more appalling.

Yet, I will thank Andrew Smith in person when I get to deliver the goods making me rich, I do however expect him to be not so appreciative of it all in the end, even less so when others with no scruples at all (like myself) start delivering goods instead of BAE Systems, and deleting the job security of 83,200 employees? Well, it is ideology, is it not? They will just have to find another job.

 

1 Comment

Filed under Finance, Law, Media, Military, Politics