Tag Archives: France

Pasta Politica Rifugiata

Yes, Italian politics is at times like an Italian meal, chaotic on all levels and that is before the neighbours drop by to quickly say ‘hello’. So as the associated press is informing us on how the G20 members and their spouses are enjoying: “turbot fillet from the North Sea with spinach followed by fillet and cheeks from Friesian beef and for dessert, the guests could choose cheese or raspberries“, we see on the other side of the coin both “the European commission offered to resettle some 37,000 migrants, and relocate about 160,000 refugees from Italy and Greece. However, the Estonian authorities didn’t refer to this latest call, but rather focused on another way to deal with the issue” as well as “health workers, volunteers and police officers in southern Italian ports scrambled to identify, assist and send over 10,000 newly arrived migrants to reception facilities, the Italian government threatened to stop allowing NGO rescue ships to disembark migrants at its ports. The EU and its member states acknowledged that Italy’s capacity to host those attempting the sea crossing from Libya is reaching its limits, but did very little to help beyond pledging some additional funds and endorsing an Italian proposal to draft a code of conduct for the NGOs“, we see that the media has been lacking to commit to a decent amount of illumination of events. The latter quote from the EU Observer is directly in opposition with the Deutsche Welle as they give us “The Italian government threatens to close its ports and insists on NGOs signing up to a ‘code of conduct‘.“, so as one tells us that a code of conduct needs to be drawn up, the other one states that the NGO’s need to sign up for one. The BBC is clearly reliable and on the side of the EU Observer as they give us: “A deal has now been reached between France, Germany and Italy to tighten regulations on NGOs and develop a code of conduct” (at http://www.bbc.com/news/world-europe-40505337), yet this is not enough, the BBC also gives us: “Ambrogio Cartosio, the chief prosecutor in Trapani, said he felt that the NGOs were somehow encouraging the people smuggling trade. ‘It pushes the traffickers to load the migrants on ever more precarious vessels. They can be sure that after a few miles, they will be picked up by the ships,’ he told me. The buying and selling of people is big business and the human trafficking trade continues to become more sophisticated and organised“, which gives the alarming notion that the NGO’s are propelling human trafficking as the flesh dealers need not concern themselves with the ‘whole trip‘ maximising their profits even further.

In all this Italy, a nation that seems to be ‘jet set’ is stricken by hardship and poverty. As Italy is dealing with a youth unemployment rate of 36.9% and a total unemployment rate of 11.3%, the Italians are feeling the crunch of the cost of living. Even as the search engines are giving us on how ‘affordable’ life in Italy is, we get the clear view that it eludes these people that to meet the cost of living, one needs to have a job. The refugee crises is draining resources even faster than ever before and Italy has no clear option to deal with these 200,000 mouths to feed, with 10,000 arriving merely a week ago. So as we understand that there is a need for a code of conduct, we also need to realise that a man bleeding from the jugular might not have the strength to go over the papers before signing. Even as the amount of refugees getting in via Greece is slowing down, the rush to Italy is only picking up. The BBC article in addition shows on how massive the rivers stream of refugee is through Africa. From Somalia and Senegal, all bound for Libya and then Italy. There is in addition the security factor to consider, with this many refugees, there is no telling how many people of ill will are coming through as well. Even at 0.1% that is an optional 200 extremists. In this we see that the issues involving AISI are now escalating as well. The reality is that even as Sicily is in the Italian south, the lacking administration to register, tag and identify these thousand plus arrivals a day is now compromising the security of Italy. Let’s be clear here! I am utterly convinced that well over 99% is merely trying to escape utter poverty in Africa, that is not in question, yet the rest is optionally not and who are they? With the current situation, once in Italy their path is open to Rome and the Vatican, France, Austria and Switzerland. From there they could vanish into the wind. Apart from the need for a tagging system, there is an additional need. Not merely the need for registration, but the need for identifying the streams of how they got there and how. You see, we are all concerned about the short term issues, that most are forgetting that the facilitators of all this are in it for the long haul. We might not see any results for now, but in the long term we will get a pattern which will aid us in not merely finding the facilitators, but finding out whether it was merely cash or extreme ideology that is driving them. You might think that this is nothing and that I am making a big wind, yet am I? Consider the events of Paris; the moment any extremist would successfully create damage in the Vatican, how long would it be before someone wants the head of the head of AISI staked on a pike on the wall of the Castel Sant’Angelo?

I reckon that call comes within 24 hours of any successful event. The issue is that this situation has been around in Greece as well and so far it seems that there is no effective system in pace and all this has been going on for a few years now, so I reckon that there has been too much short term thinking in all this. So as we consider “The rest of the EU should step up to help Italy host the migrants and asylum seekers, but there is little willingness across the bloc to do this” (at https://euobserver.com/opinion/138458), as we see this, we see yet another failure of the EU, when we read: “Policymakers in Brussels grumble that the men, women and children arriving in Italy are not “real” refugees, but economic migrants – despite the fact that 43% of them are being granted protection on asylum or humanitarian grounds“, it is like watching the pot calling the kettle charcoal on ground of politically correctness. In all this Giulia Lagana is correct on several levels, yet from her point of view forgets a few sides (on perfectly valid grounds), as she looks at the facts and numbers as the senior EU migration and asylum analyst at the Open Society European Policy Institute. There are other considerations that are not on her desk, which is fair enough. In all this, as @laganagan she remains actively tweeting on a daily basis.

So what is to be done?

You see, before you can control a situation, you need to comprehend it. Now, whether the refugee is economic migrants or refugee does not seem to matter much, that person wants a better deal than they have and they will move mountains to get to a place where they could have a future. You the facilitators in all this are another matter. They have goals, and for a person to get from Senegal to Libya requires a massive trip under, at times, the deadliest of conditions. So either there is a support system in place to transport people and it is way too big a trip for one player. Or we are seeing the growth of prostitution through human trafficking in a way we have not ever see organised crime do before. Without data there is no way to tell and without tagging and identifying these people, all the people who arrive, the chances of mapping the options and possibilities, the EU targets will merely be dealing with the consequences until the stream runs dry and the EU as a whole does not have that amount of time.

So as we now see wave after wave of media stating that EU politicians are claiming that Italy is not alone, we need to wonder on what the hell they have been doing in actuality for the last 2 years. You see, Greece was already past the point of buckling and duplicating a police of Greece towards Italy should have been nearly as easy as pie, yet as we see, that was not the case. So what were they doing? So when we read as yesterday’s news that “EU interior ministers on Thursday pledged to back an urgent European Commission plan to help crisis-hit Italy, which has been overwhelmed by a wave of migrants arriving by sea from North Africa“, can we agree that these people have seemingly been doing fuck all?

In this same source (the Local Italian), we see “Central to Thursday’s talks was a European Commission plan which earmarks 35 million euros ($40 million) in aid for Rome as well as proposals for working with Libya and other countries to stem the flow of migrants“, which is a joke to say the least. In addition we see “While no new measures were adopted at the meeting, ministers expressed support for a “plan of action” presented Tuesday by the European Commission which puts in place, “better and more quickly”, certain elements previously agreed upon, according to a European source“, which reads to me like: “we need to get a plan of action, we have not put anything decent in place, but we word it to such complexity to leave the impression something had actually been done“, the media overreaction in all this is as I personally see it a mere facilitation for EU-flaccidness

In this Italy is also making mistakes. This starts with Italy’s Foreign Minister Angelino Alfano. We see this when we see “In order to lower the number of people arriving here, we must reduce the number arriving in Libya“, which is not incorrect, yet the BBC clearly shows that people are coming into Libya from Senegal and Somalia, making the issue a lot larger and cannot be done by just a group of people, this needs support from organised players. If this is not the case, that path would be covered with the cadavers of hundreds of thousands of people who did not survive the trip, which is a mere adaption of applied logic.

The second quote that does not make the cut from the same person is “If border controls in transit countries are effective, then the ‘tickets’ sold by the biggest criminal travel agency in history would lose their value and if the traffickers can’t guarantee an arrival in Europe, their travel agency would go bankrupt,” he said. So in that instance we look around corruption in Africa as well as the fact that these refugees have no internet, are in the dark, so that means that these travellers will continue to come for now. By the time there is an actual impact of incoming refugees these facilitators will have left the shores with a trunk full of cash, living the life people in Europe have not been able to afford for the longest of times.

So to some degree Angelino Alfano is correct, he just has no idea how to go about it for now and that is not something we can blame him for, yet the utter failure the EU is showing to be, there is plenty of blame that can be placed, because when we see a need for a ‘code of conduct‘ for NGO’s whilst this mess has been going on for years and with the issues shown in Greece, it seems that several members of the EU councils have been asleep at the wheel. Is that what they get paid for? #AnyoneForBrexit

These issues will impact the general elections that are now less than a year away, even as we recognise that the only EU-exit party is Northern League with Matteo Salvini, we see in equal measure that his party has no chance of winning so that risk is currently not in play, yet equally no less anti-EU Beppe Grillo is for now still a contender, yet there is no way to see how that goes and unless the refugee is properly dealt with his 5 stars will rise. Still the chance was not as high as it was in France and with their Frexit averted; Italy might not be willing to go there. In the end, Mario Renzi and Berlusconi are not willing to get out of the EU, so the refugee issues will impact them both. It the EU does not decide to get of their fat asses, things might still go wrong in a few ways for the EU, that much is at present a given, as more and more people are realising that the media is playing them for whatever reason they do, we will see a polarising view of the people and consumers. As there is a rising view of ‘Broader questions on distribution of wealth and power are being considered‘ as well as ‘voters are no longer buying the free-market talk‘ we now see that other elements will have stronger influence and in this, the people are becoming more and more distrustful of what the media regards as ‘the news’. This is not the setting of mainstream news media and these so called iPhone reporters. It is the shifting view that we get from often too carefully phrased issues, which are now more and more recognised as generalist speaking of ‘remaining casual‘ and a lack of ‘clearly communicating issues‘. Weirdly enough, that is a side that could impact Italy to a stronger degree. If either Mario Renzi or Berlusconi wants to get a landslide victory, they would merely need to drop youth unemployment rates by 3%-5% before the election that would seal the deal for them.

It will be a messy dish of grub to achieve, yet the need to get something massive done in this Italian Spaghetti drama is requiring no less. A meal might impact it, but the guarantee of a job sets food on the table for a longer time, a growing essential issue for Italians.

In this finality I go back one more time to the Deutsche Welle article. There we saw a few days ago “Joining Cochetel at the report’s launch was Eugenio Ambrosi, director of the International Organization for Migration’s Brussels office. “Let’s not forget that member states in Europe have also a code of conduct – it’s called European law,” he said, “which entails a variety of things, which includes – and I will not stop repeating it – which includes the duty and obligation to show solidarity [with refugees] in fact and not just in words.

As such, we see a clear given quote, which might be seen as evidence given by Eugenio Ambrosi that the EU has been lacking the required need to act in several fields regarding refugees. Even as some claim that the Migrant Crises started in 2015, there is plenty of evidence that the stream started in 2011 when Syrians were trying to flee the Syrian war. The UNHCR reported that refugees exceeded 750,000 by December 2012. So where did the overpaid people working for the EU in Brussels think that these people were going? Not to the places of plentiful Europe? Who were they kidding? So as this mess has been escalating for well over 5 years and there is a shown lack of infrastructure and support systems to deal with the escalations (as I actually also wrote about a few years ago), we see that there is a growing need for the news and the media to take an actual serious look at some of these players. They have been paid extensively until now, which would beckon even more questions.

 

 

 

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About that glass of water

As we see Brexit make the cover pages again, the Guardian gives us ‘UK caves in to EU demand to agree divorce bill before trade talks‘ (at https://www.theguardian.com/politics/2017/jun/19/uk-caves-in-to-eu-demand-to-agree-divorce-bill-before-trade-talks). There are a few issues here and it is not on what is decided on. You see “capitulated to key European demands for a phased approach to Brexit talks, agreeing to park discussions on free trade until they have thrashed out the cost of the multibillion-euro UK divorce settlement” is fair enough. It can be debated in several ways, yet in honesty, as we see the issues that the ECB have pushed upon the UK and the payments the UK have made, it can be clearly stated that the 60,000,000,000 Euro a month that Mario Draghi has been dishing out every month will go to the Euro nations MINUS the United Kingdom. If there is a divorce settlement, the impossibility of the ECB petulant child is a spending tantrum the United Kingdom should be set away from, for the mere reason that it is up to the other parents to contain the credit spending spree engaging youngster.

So as the article makes reference to that half-filled glass, let’s take another look at the options.

The optimist is stating that Brexit will only have used 50% of the opportunities. This is debated as we see that not just governments, but banks and financial institutions are all about keeping the EU inclusive and forever growing so that it can be milked more efficiently.

To support this view, from last year (Nov 2016) we got this part: “Rome has argued that the tight fiscal measures are stifling some economies and should be loosened to allow EU members to invest more money in order to boost growth. This stance has set Italy, Greece and other southern European countries on a collision course with Germany and other northern European member states, who have warned that increasing public spending and subsequently, public debt, is a risky proposition for a bloc still suffering the effects of the 2008 global financial crisis“, so as we have seen, these investments have for the most not made any impact. Italy showed a deficit of 2.4% ($45B), France -3.4% ($84B), Spain -4.5% ($55B), Poland -2.4% ($11B), Belgium -2.6% ($12B), Denmark -.9% ($2B), these are merely the annual 2016 numbers. The list goes on and apart form 1-2 none can keep a correct budget, and they have not been able to do so for well over a decade. In addition there is the 60 billion a month EU spending spree. It seems that the opportunities will be limited to banks.

The pessimist states that Brexit comes with 50% additional fees. Part of that was raised by little old me through the overspending of Mario Draghi. The EU has a debt that is now surpassing 12 trillion Euro, which is including the 1.7 trillion of the UK at present, so the UK, one of the 4 large EU economies is merely 14% of that. The other three (Germany, France and Italy) each have a debt almost 50% larger than the UK. These 4 represent 80% of the EU debt. There is no containing this level of irresponsibility, and getting out was from my point of view the best option. The benefit is that the UK could end its austerity in 5-10 years if proper steps are taken. The EU will be in deep debt for a very long time after that and the smaller nations are realising this and that is why they were complaining so loudly (as I personally see it).

The opportunist drank the Brexit cocktail. This is seen in the growing partnerships, the Netherlands has kicked it off by sharing ‘UK and Netherlands sign defence cooperation agreement‘, it increases defence and security when we consider the Ferry services between the two nations, in addition, the countries will also share personnel and work towards a UK-Netherlands Amphibious Force. This should also bring additional opportunities to the Dutch as the have the most modern navy in the world, a military branch an Island like the UK could benefit from. In addition, the overall high levels of technology in the Netherlands would give additional benefits to cyber security operations. GCHQ has skills that the Dutch AIVD would love to get a better grip on, an option that should become available in this defence cooperation (source: http://www.army-technology.com).

The practical politician does not see that Brexit is half good or half bad, he or she puts them together and both are true. Yes, that is one way of looking at it. The issue is not the political view, it is that the view that they offer is on a sliding scale of change, and it always change towards the need of the politician, which is at times nowhere near the recorded metrics. Sean Whelan, the economics correspondent for RTE gives us “The good news is that almost a third of Irish exports to the UK would face no tariff whatsoever. The bad news is those products (and this report is all about products) are almost entirely produced by the foreign multinational sector – in particular, the pharmaceutical industry“, leave that situation to politicians to evolve into personal ‘opportunity’, is in not interesting that we haven’t seen this element before? All the scaremongering and the ‘one benefit’ will be for the large corporations. Is it not weird that only they seem to have a leg up on the benefit range?

So when we talk about the Brexit glass, we get more and more views and more and more pointed news that gives us a scary story. The reality is that in all this, I stumbled on 2 positive developments, directions I pleaded for as early as late 2015. So as we now see the evolution of nations working together, we might get additional proof on the economy.

That part was initially given by City AM, where we see “UK economy will grow by 1.7 per cent this year, faster than the previously forecast expansion of 1.6 per cent, according to the Institute of Chartered Accountants (ICAEW)“, which sounds good, yet the UK is not out of the fire. When we also read “Michael Izza, ICAEW chief executive, said: “I would like to see the new government put business and the economy at the top of its agenda, doing more to create a climate of optimism and certainty which will help build confidence“. This is more of the banter we have seen too often, that is given by me in such a statement as the UK has no coffers to invest with. This has been the issue all along, as the previous labour government went all out on spending, we are in a stage of culling these debts, so as we see ‘need for investment’, we better realise that Labour wasted £11.2 billion that went straight down the drain. It will take some time to overcome this in addition to the deficit and the debts. It’s not rocket science and relying on the forecasts as they have been wrong by too much all over Europe, we need to consider which sources to trust. A mere reality of what came before and also a reality as Brexit will have an impact; there was never any denying that. It is just that from my point of view, the UK recovery would be faster outside of, than within the EU. That part has already been shown to some degree, to some mind you, not to the full extent. We can only speculate on that part until Brexit is final.

So no matter how we relate this to a glass, how it is seen. The glass merely is. It is the consequence of long term European injustice. Their convoluted presentation, where big business gets a free pass again and again, not tax accountability of any kind. By allowing the EC gravy trains to be running smooth they also sunk their own options of long term survival.

Yet, the gravy train is ignored. So when I refer to the Times (at https://www.thetimes.co.uk/edition/news/kinnocks-on-the-brussels-gravy-train-xcxbdkx6r) with reference to June 2016, here we see: “The former Labour leader was responsible for transport and then became a vice-president with responsibility for administrative reform. By the time he left in 2004 Lord Kinnock was earning £163,453 a year alongside a housing allowance and an entertainment budget. He received a payment of nearly £273,000 on leaving office. He has an EU pension thought to be worth more than £60,000 per year alongside the pension he receives for…” and we have not looked at the other 750 members! Still think that I lost my marbles, or are you seeing a spending spree above the 60 billion Euro a month that is too ludicrous to consider?

By trivializing this I am not making it any better, talking about glasses and water, but it aids you to consider that within the European community, the consideration of water can be whatever they want it to be, which means that transparency is pretty much gone. Is that not the first requirement of the European Community? Is Brexit still such a bad idea? This is supported by the Financial Times as they published in May 2017 (at https://www.ft.com/content/7d1eea08-3be8-11e7-ac89-b01cc67cfeec), the article ‘Call for transparency on ECB corporate bond buying‘, now it is important to consider that nothing wrong was done (as far as we can tell), yet when we see ‘MEPs want to dispel any concerns of benefits to small group of favoured companies‘, the question becomes, why was this not done from day 1? The quote “So far, about €75bn of corporate bonds has been bought as part of QE, a small part of the €1.8tn that the ECB has spent overall. Most is spent on bonds issued by Eurozone governments” gives view that it is not a massive amount compared to the complete spending spree, yet €75B is massive, 0.001% of that could secure my financial future, settle my bills have a decent house to live in, so it adds up to a lot, fast! Still the article shows a concern and that is why I went there. The quote “While the actual amounts are not disclosed, the ECB has explained that it buys proportionally to outstanding issues, and market capitalisation provides a weighting.“, yet weighting depends on factors, which factors and how are they applied? Invariable, weighting is done to either ‘regress to the centre’, as a means to present it as an accepted part (by whom is still the question), or to obscure the view of the amount of outliers in the balance of the matter, neither of these is a good thing. In addition, the request “disclose greater detail on this programme’s operating guidelines, in order to explain to citizens how the corporate bonds are being selected“, is a worry as there could be a unbalanced support to corporations with bonds and in addition, the mention “Another request from the MEPs is that other central banks follow the lead of Germany’s Bundesbank in publishing the names of companies with bonds, rather than just the ISIN number, a code used to identify them on the financial markets” gives out that hiding behind an ISIN number gives weight to other issues too. Part of this is in the attached PDF ‘a proceeding under Article 102 of the Treaty on the Functioning of the European Union and Article 54 of the EEA Agreementattached here, where several issues are shown, the quote ‘by requiring European financial firms and data vendors to pay licensing fees for their use‘. So not only is the EC hiding behind these numbers, but there is an additional fee? Well, apparently that was negated to some extent and that agreement ended in 2016, so are there fee’s now, all issues of non-transparency. All these issues chipping away the assumed ‘premise’ towards the ‘validity of existence’ of the EC and even the ECB.

So when we talk about the glass it is not just the size, not about the water that is in it, but the fact that the glass is too opaque in many instances, the fact that some members have known the lack of transparency and in this we see a system that seems to have been intentionally hiding behind non-transparency. If there is one part that proves it, than it is the existence of Grexit and Brexit and more over the time it took for these politicians to give clarity on how proceedings were supposed to go and how the media left the people in the dark on the actual issues. All that, with the confusion we see as the EC seems to be in the dark on how to deal with an exiting nation gives more worries than confidence, because the actions and threats shown is not that of some economic alliance, it is the foundation of some tyranny where the freedom of choice becomes the burden of blackmail, threats and intentional miscommunication.

I’ll let you decide on how much you enjoy being blackmailed and threatened and where the freedom of choice remains in all of that.

Commission decision COMP39.592

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Despite the missing facts


The UK is in all kinds of shambles, some could have been prevented, some remains unclear and some are just due to the whims of media. So when I saw ‘Britain is leaving the EU – just as Europe is on the up‘ I decided to take a look, because it is ‘on the up‘ that is an issue. Former editor of Le Monde (high quality French newspaper) Natalie Nougayrède gives her views (at https://www.theguardian.com/commentisfree/2017/jun/18/brexit-europe-eu-golden-decade-merkel-macron) with illustration and all. Yes, it is the image that shows how far away the UK is. Of course the article starts with Helmut Kohl, there is nothing like the death of a politician to milk the issue as much as you can. Yet it is the quote “Angela Merkel and Emmanuel Macron are, as Britain prepares to leave, readying their ambitions and vision for the continent“. Is that so? Leave it to a former investment banker to shed his skin like a serpent on the change of any wind. Didn’t he promise certain hard changes? We can tell you now that this is a change he did not keep, which is not that much of a surprise. You see, the people who would not give him the light of day are now talking the talk he comprehends. Credit Agricole Group, BNP Paribas, Society Generale, Natixis. Yes ,as president of France these people will now call on him, woe him and explain on the need of the gravy train. Yes, Emmanuel Macron will definitely show a few more changes before the year is out. It is the next quote that should scare the French and not by a little bit. with “The thinking goes like this: in the next two to three years, as France carries out structural economic reforms to boost its credibility, Germany will step up much-needed European financial solidarity and investment mechanisms, and embrace a new role on foreign policy, security and defence.” With ‘boost its credibility‘ can be pushed in deeper debt. So as France is currently well over 2.2 trillion euro in debt, that debt could be even greater, which is good for the earlier mentioned banks, but for the freedom of the French people it is not that great a move. and why do we see: ‘embrace a new role on security and defence‘? France has a clear need to embrace more security and safety for France and the French, yet the need of adaptation of a new role implies a consolidated European army which is not just counterproductive, it could spell a dangerous waste of trillions of euro’s all over Europe. The biggest issue is however “Europe’s economic situation has improved. Unemployment in the Eurozone is at its lowest since 2009 (but still at 9.5%). Growth has returned. Mario Draghi, the head of the European Central Bank, speaks of “a solid and broad recovery”“, which is an issue on more than one front. First by his own view, Mario Draghi gives us: “inflation in the currency area sank to 1.4 per cent, which is below the bank’s target, although Mr Draghi said “deflation risks have definitely gone away”“, which is part of the story, the Swedish Nyhetsbanken gives us: ““The ECB is essentially in a holding pattern”, said Patrick O’Donnell, a fund manager with Aberdeen Asset Management in London“, which also giving us the goods with: “We expect the European Central Bank to announce in September, when new forecasts will be available, that tapering will begin in January as deflation risks have vanished“. This is all nice, yet it is all linked to Mario Draghi increasing the debt to Europe by 60 billion Euro’s every month, the total should increase the total debt by close to 2 trillion Euro over the two waves of ‘easing’, so when you see ‘economic situation has improved’, the question is for who did the situation improve? The European quality of life is far below what it was in 2008 for roughly 99.999456% of the people of Europe.

Interesting how Natalie Nougayrède skates around that part and with the German-France union. So, should we see this as perhaps a Union of the Somme, or perhaps the Merger of Artois? We can agree that ‘Europe’ would like to continue without the UK and they would want to steer in a direction that gives them the best options. Yet the clarity of denial, that claims are made whilst none of the governments in the EU can keep a decent budget, whilst they are all in deficit and France in truly deep debt. Whilst Greece is still bleeding all over the place, and on top of that Mario Draghi is printing 60,000,000,000 euro’s every month with no value against it. In all this we see more denial of events. So when I see the quote “But in recent discussions with European experts and officials, I heard the following comment: “A golden decade may be dawning for Europe.” A new narrative is in the air“, a golden dawn for whom? The banks, the exploiters? I would like to see the names of those officials and politicians. I am certain that those names will remain absent. It will be from people who are already wealthy beyond normal and this gravy train is fuelling their golden future day after day, whilst the serious reality is that for those retiring in the next 20 years, they will not have anything left, they are more than not in danger of having to work until their dying day.

So as we see the end of the article with “After a decade of crisis, Europe may now be pulling out of it. More British awareness of this might help avert bad choices.“, yes there are plenty aware of what is presented, yet as nobody seems to be able to muzzle Mario Draghi, as he keeps on pushing Europe into deeper debt whilst the offset is not seen in the presentation ‘Europe’s economic situation has improved‘, many people are getting more and more weary of the issue ‘what else are we being kept in the dark about?‘ This is important because the mistrust is actually growing. The media seems to be all about aiding those who advertise, giving rise to more misinformation. Yet the clear article that shows the whole picture is missing. Even here, in my blog the article is incomplete (and I actually admit to that), because the issue has grown beyond the mere image we can see. We can go to the art-house and watch the painting, but the wood behind the painting, what keeps up the image is not shown, so as the painting is geared again and again with more wood, with more nails and with more support, the people do not see that the painting is gaining weight more and more. The cost of that reinforcement is hidden from view whilst the image it supports remains the same, losing value day after day. Whilst a work of art increases in value, the paining is merely the view from our own window, the value resides with the person looking at it. So look out of your window, it does not matter which window, now consider that the actual value of the view lowers by 0.1% every day, how long until you feel that the house you own does not offer the view you paid for? Now consider that your house has a view valued at £0, what will you lose when you try to sell it? In France houses fell in value to 25% according to some. So as your house lost that, it means that you must keep on living there, which is of course not necessarily a bad thing when you have a nice house in Cognac, yet what happens when the place is in need of repairs, with a full mortgage whilst the value decreased 25%. Can you still repair your place? That is the danger we are in as retirement approaches for millions. The part that Natalie Nougayrède ignores as she probably has a really nice place, perhaps more than one. For tens of thousands of French, living in Cognac (16100) is a dream hat will never become a reality. That whilst the debt of France only increases, and that whilst the European non elected players are increasing the total EU debt whilst maximising the national debts of its members. It is only the board members of the banks that have reasons to smile. That is France and the UK is in a place that is not dissimilar. As people in the UK are pushed towards an anger over a building on fire, as they are outraged over what happens in Finsbury Park. You see, this all matters as it is the first true extremist action from a non-Muslim to a Muslim in London. The air is definitely changing, but not for the better and Europe could be a cauldron of extreme violence from several sides. So as we see and revisit “A European Defence fund is now being discussed, notably for joint procurement efforts” as well as “embrace a new role on foreign policy, security and defence” we need to ask, with what money? As I read it, it seems that some politicians are spending certain funds three times over, implying that debt will rise three times faster. Or perhaps it will be taken out of the national defence budgets? That should go over well when the national defence equipment breaks down whilst pushing the funds into some virtual non military defence setting. It should make any nation more secure! (read: sarcasm in action). Oh as for those needed security upgrades like from Palantir and whatever Raytheon IIS seems to be cooking up at present. So where are these billion dollar plus events getting funding from? So we might think that there is an upbeat to Europe, which would be nice, how good is that view when you contemplate the missing elements and those are just the ones I mention. I am not the European gatekeeper, so there are several issues on both sides of the isle I have not even considered myself.

In the end, I feel that the people of Europe will get a very ruse awakening in January 2018 when the total ludicrous spending by Mario Draghi is set in its complete lighting. At that point will you still feel happy? So as you consider that, consider the reason I mentioned Greece earlier. When we read: “ECB needs ‘more clarity’ on debt relief to buy Greek bonds” (source: Reuters). So as the ECB is buying the Greek debt, or perhaps better stated, invest into Greece and its inability to push the economy in a positive forward momentum. Is this a good or a really really bad investment? Don’t get me wrong, I am happy to aid the Greeks to get some relief, but as the Greek government let the culprits of the debt fiasco walk free with their millions, why should non-Greeks pay for that? So when you see “The European Central Bank needs more clarity on what kind of debt relief Greece will get from its international creditors if it is to buy Greek government bonds as part of its monetary stimulus program“. What stimulus? How will the Greek economy get any level of incentive whilst the creditors are still due billions? How misguided is the action (in light of the proclaimed reason)? And of course the IMF will get involved meaning that Wall Street will start giving out ‘advice’ soon thereafter. These steps are just beyond acceptable as the laws of prosecution against the transgressors are stopped and made toothless. So as Europe ‘embraces‘ wave after wave of additional debt, do you still think that the European economy is on the up, or was not listening to the UK a really bad idea? For France it is now too late. As Emmanuel Macron embraces the limelight with Angela Merkel the French will soon see that even as Marine Le Pen was never a given good, at least she was intent of getting France away from the Financial Vultures. Whomever thought that Marine Le Pen was an unacceptable idea, might feel to be on the political moral high ground, yet when their house depletes their value, those persons will not be allowed to complain. They set up the dropped value and accepted the terms of dissolving their value. In this I could have been incorrect only when the ECB did not decide to push quantative easing into play at sixty billion per month. And that is only if clear economic upturn could be proven, yet that too is not the case, it only seems that way when taking the QE out of the balance book. At best the European economy is merely stable at 0%, which means that it is going down by 60 billion a month (plus interest). An element I only mention at the very end because that part is not a clear given and even at 0.1% that requirement grows by 60 million per month, an amount that could have clearly solved a few European issues, and as that also grown by the same amount every month, what other solutions will need to get scrapped?

It is possible that I too missed a few facts, yet did I miss any on the positive side of it all? So at best me missing elements will show the situation to be worse, far worse.

So happy Monday to you and if you feel like hanging yourself, www.cheaprope.co.uk will have what you need, just not want you want.

 

 

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Awaiting next week

Whatever happens, will happen. You see, the E3 is on next week and in this it will be the week of gamers. We will see presentations from the big makers and they will either wow or BS us. The interesting part is that this is the one week in the year where we either do not care or we cannot tell the difference. You could tell a little better if you are actually there, but that is not for all to do, unless you live in California that is.

The big players will give us on Saturday the 10th the EA press conference, the day after it will be for Microsoft and Bethesda to ‘wow’ its public. Monday will be Ubisoft and Sony, followed that day after by Nintendo and several small presentations with two unannounced AAA games. There is a chance that the new GTA expansion Gunrunners will take one of them. Tuesday till Thursday, from 19:30 (LA time), we will get the Giant Bomb Live (whatever that is). During those days we will get additional presentations some like Shadow of War (Shadow of Mordor 2) is set, and we will see demonstrations of games (titles not given, other than the platform they are on) and the rest is about seeing the stands and watching what wealthy gamers can enjoy in person. It is the chaos all gamers desire. There are already games in place, games by marketeers. You see Ubisoft is in a difficult position. When we see: ‘New Assassin’s Creed: Origins Leak Shows Main Character, Pyramid, And Bonus Content‘ we see a title that implies that either the issue of Ubisoft not knowing how to deal with security, which is a problem. Or, what is more likely is that its marketing department is dipping its toes in the water trying to see the feedback. The second is more likely as this is pretty much the last chance Ubisoft has to recapture the audience it lost from this franchise and that is a large audience. The fact that it is safer nowadays to just wait 8 weeks and buy the limited editions with 50% discount gives you the idea of their loss. In the old days those boxes would be sold out even before the first day of release was even close to happening, Ubisoft lost that much. The EA presentation is a hard one. When we consider what is confirmed, than they do have an issue, however, they might have surprises for us, which most tend to have. For EA it is a hard one, because they are kicking off E3 2017. Bethesda did such an amazing overwhelming job last year that EA is in a tough position, I am not writing them off, but until we see a gossip part of something truly amazing, EA might not rock-da-house so to speak. Bethesda comes the next day with several titles that will capture the minds of gamers. Several of them are all about shooting; at least one will be about shooting, stabbing and killing Nazi’s, so Blazkowitz is expected to be nearby. The Evil within 2 is announced through rumour, which is a nice surprise. After giving us a different kind of nightmare a few years ago, we will get to see what will make us fear what is under the bed this year. In addition Elder Scrolls online players will get to see more, so there is that to look forward to. The latest rumour is that there is a small chance that we will get a first glimpse of the new Elder Scrolls game, and a smaller chance that a tease for the next Fallout will hit our eyes in roughly 3 days 4 hours and a few minutes. We got a fistful of teaser last year with the upcoming god of War last year from Sony. The title is still not out, so we should expect to see more of that game, hopefully updated with an actual date of release. For the PS4pro fans, we should be hopeful to see David Braben show off the PS4 edition of Elite Dangerous, as this version is out on June 27th, which is less than 2 weeks after the E3. This E3 will be a lot more about DLC’s, so the Blizzard fans will get to see loads of upcoming stuff. The list of people awaiting the Diablo 3 addition is larger than the LA White pages, so this is something we hope to see the official release date on. Another reason to seek YouTube on the E3 events is to see the floors. When you realise that the booths of Ubisoft, Bethesda, Microsoft and Activision are the size of a department store, you know you will get to see unique things that the non-visitors will envy you for; especially, when you start forwarding the ‘selfies’ with a larger than life Butcher (Evil within, 2013). This is just one of several halls described, so when I say that the E3 is the gamers place to be, I am understating the need to be there by a fair amount. It gets even wilder when you realise that in another hall, the Sony stand is larger than the Bethesda and Microsoft combined, so we will very likely get to see a few more things regarding all things PS4pro.

In the end, do not just take my word, find the E3 events and watch the presentations. Those will show you for one what you missed out on and it will also be a first step in creating your upcoming Christmas wish list. So far the last three years have shown me what was coming and how much I was unaware of the games I really wanted. One presentation is unknown to be there, but the Subnautica early release on Xbox One was overwhelming. Not just as a game, but as the game grew and as we got more and more, the game will become an absolute must on the PS4, which is expected to be released in September 2017. Oh, and the E3 is not just software, hardware players like NVidia will also be present, so any new hardware development for PC graphics will be visible too.

So as we are awaiting the arrival of next week, for those who are a little over the bulk promises from political parties, the escalations in France and Germany’s move from Turkey, there is the option to just get into gaming and see where that leaves your sanity. In addition, as you get deeper into Call of Duty, you might find yourself more and more imagining these Nazi’s to be ISIS fighters; there is no war like the present I say. So as I leave Activision with the idea of a free DLC, so that we can practice. I also leave you with the comment of Josh Hutcherson in Red Dawn, where he states: “Dude, we are living Call of Duty and it sucks!

That is to make you aware of the difference between gaming in a lazy chair and an actual theatre of war. Because as we seek a little escapism from reality, which is good for the soul at times. We should not forget that the deadly reality is on several doorsteps; in addition, the implied changes I suggested yesterday were partially implemented by France less than 24 hours later. What were the chances of me predicting that? I offer the thought that this was not a game and the changes required in Europe seem to be adopted in France, which is good as they lack a level of security that the UK has due to the fact that it is an island. In addition, the BBC (at http://www.bbc.com/news/uk-40195212) gives us more on Youssef Zaghba and more important, the fact that Italy placed Youssef on the SIS2 list, which now beckons the call on how Youssef actually entered the UK. If it was though the Netherlands (Ferry) or the smaller airfields like Rotterdam or Eindhoven, the question becomes how diligent are these checks? There are a few unknowns, but it seems that within Schengen, certain unchecked issues are now an actual security concern. So as we see certain implied accusations, we need to wonder whether Youssef was on SIS2, and if so when was he added?

These are all issues awaiting us for next week, one is all about recreation, one is about anything but recreations and the rest falls in the middle. We can argue, or have a conversation how the terror curve is an inverted recreation curve, yet in all this; the one element that I raised yesterday is now coming to the forefront. I mentioned that we need to think in new ways, we need a new approach to tackle intelligence solutions. The one part they all ignore, or philosophise around it, is that the better game designers have been developing at the edge of hardware possibilities and software creativity for years, a few literally for decades. It is not the worst idea for some of the larger players in the field of security find a way to have a serious conversation with some developers in regards to how creative solutions in data parsing could be found. Some of the larger developers have been doing just that for a decade or more.

As I stated, and I stand by that ‘we need to stop looking in the same direction and regard any box to be obsolete, we need to start being creative to the application of data and technology‘, it is that approach that got me to solve the NHS IT issue. The foundation took a mere hour to ‘solve’.

To those doubting me (always a valid option), I now have a few dozen I told you so articles where what I stated and those following learned came with a difference of weeks, not hours. So I reckon I have made my point a few times. When it comes to the upcoming elections, my larger fear is that Corbyn succeeds by swaying the people to dive the UK in a deeper debt, one that it cannot overcome for decades, it leaves the UK too vulnerable. So consider your choice, and also consider the bleeding hearts of Amnesty International. As they proclaim on loss of rights in Paris, they seem to leave the people in the dark on the dangers that France has faced a few times and how these dangers for now persist. There is a time and a place for everything, and for the most I have never opposed peaceful protests, yet these tend to escalate fast, and it only takes a few people to escalate it beyond proportions. In a time when a man attacking people with a hammer near Notre Dame is just another moment of extremism, is the question, should we protest now, at a time when groups get targeted by extremists? There is nothing stopping them to do this online, via Facebook or Twitter. As stated, it is not about the protest it is about the timing in the light of events as they are happening in Europe. Perhaps my thoughts are wrong on this, and you are welcome to oppose that. Yet with the amount of attacks, with the dangers as the flood of extremists is not known, do you want to be the person starting a peaceful protest, only to guide those who agree to a dangerous life threatening situation?

I do not proclaim to be wise enough to have the answer here; I am merely going on common sense here. So as we get towards and through next week. Perhaps at that point will the information be shown that I was right or wrong? I am happy to be wrong, I am less happy that me, myself and I setting the wrong stage costing the lives of others. That is fair too, is it not?

So as we see the throne of games evolve over the next week on the stages of politics, policies and PlayStation, we need to try and identify, what is marketing and what is BS marketing. The difference will impact the lives of many. It is easy to shrug it off when it is a $100 video game; it is less entertaining when it causes 15 years of austerity. I’ll let you decide on how fair that is, when in doubt, see austerity in action by watching the news on Greece!

 

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Silence in our hearts

There is no avoiding it. There was an incident in London and this is not some ‘I told you so‘ moment. This is the moment when we need to remember is the 1st of September 1939. That was the date that the war on Germany was pronounced by the act of invading Poland. This is the moment the people had enough. Neville Chamberlain mentioned on the 30th of September 1938 the phrase “Peace for our time“, that fateful day that he held a piece of paper that unlike Celeste value, no longer had value. Those pieces of toilet paper would later be known as ‘the Munich Agreement‘ and the ‘Anglo-German Declaration‘. It took another 11 months for the war to start; I am stating that we are now moments away to be in that same position. Not some dubious moment of diplomacy. This is where we go into any nation that has Islamic State fighters. We kindly tell these governments to get out of the way or be destroyed together with Islamic State. There will be no borders, no disputed ground. If it holds Islamic State, we will come and we will kill whoever is there. You can hide behind Human Shields; we will no longer stop, give consideration or give opportunity. We have come to kill you and your children. We are no longer waiting for the diplomats who failed us again and again; we will no longer await the need of politicians to give one final option. We seek war, because we want it now!

This is not just about the seven dead and the dozens that were injured. This is because this has been going on for too long in too many places. We kindly request, that the French armed forces join us in this upcoming endeavour. We hunt, we get to them. I feel certain that Legio Patria Nostra is every bit as ready as all the other legions and all the other branches. This is where we change the game from intelligence in just hunting and killing. I feel certain that Philippine President Rodrigo Duterte would welcome our arrival. According to Indonesia there are now 1200 IS militants in the Philippines. So let’s start to clean Marawi, and we will happily include Maute in the death toll. They have now resorted to using children; we will come like Hell’s winter to remove them from life. This is because the right of life no longer applies to anyone who is Islamic State. We see too much inactions as ISIL executed anyone who was unable to quote the Quran.

No worries, we will not require a reading test. In case of ISIL, the literate and dyslexic are both equally worthless. I do not care for the political excuse: “It’s Ramadan, it will be over soon“. No, I have several Muslim friends; they suffer (read: are fasting) through the Ramadan day and remain in peaceful loving union of their friends and family in the evening. This is shown in even more daring ways, if we can accept the news in the National today (at http://www.thenational.ae/world/southeast-asia/filipino-muslims-shield-their-christian-friends-in-bold-escape-from-extremists). Here we see: “More than 200 civilians walked out of the besieged Philippines city of Marawi in a daring escape from their Islamist captors, concealing dozens of Christians and saving them from almost certain murder“, that is an action that counts, which gives an annoying silence in our hearts when we contemplate the words by Jens Stoltenberg, secretary general of NATO. We get the quote “NATO allies are now, in many ways, contributing to a very important fight that will take time, to defeat ISIL and extremists“. ‘It takes time‘ because you aren’t going to war, you are trying containment. There is a tactical difference. There was once a tactical advantage to that, but that time is gone. If there is one clear revelation seen from the attacks on Paris, London and Baghdad. Is that containment no longer hacks it. It is time to go on an actual assault with the clear intent to decimate the numbers of ISIS/ISIL.

The third front in the Philippines is happening and it is time to show them what we are capable of. This is not some: ‘let’s not wake up some people‘. No, this is now the clear moment where we are awake and may whatever god you pray for show mercy, because we no longer will!

So, are you now in a state of: “What on earth is happening now?“, then consider this the clarion call for war! The locations in the Philippines, Syria, France, UK, Somalia, Libya and Egypt (Sinai) are an initial focal point. If we decimate their existence in these 6 places, we not only turn the tide, soon thereafter deaf ears will get pleads of mercy from ISIS/ISIL trying to strike a dialogue. At that point it is our side that gets to decimate a little longer, so that they will finally realise that terrorism will never ever work. At best you a get a little limelight, at worst you wake up a monster. Guess what! The second is now a reality. This is not just within me, not just some rage of anger (which is actually partially true). This is the call of people who have had enough of high paid politicians and executives giving long speeches with term like ‘it takes time‘, time that has been wasted since the beginning of the Syrian war where everyone did almost nothing and where the US suddenly had no way of telling who started the Chemical attack, even with all the satellites there, they just could not tell. Well, we know who attacked London and let’s actually do something about that, not just talk about it, not just arrest someone; we put the hurt on the other side.

I personally believe that cleaning the Philippines is a first need. If they get an actual foothold and get traction in Indonesia we would have to face a decade of war in South East Asia, with a realistic chance that ISIS/ISIL growth in Brunei becomes an actual danger. Now we get to part 2 of this, which is seen in ‘Donald Trump berates London mayor over response to terror attacks‘ (at https://www.theguardian.com/uk-news/2017/jun/04/trump-berates-london-mayor-sadiq-khan-terror-attacks), the Lord mayor of London correctly replies with: “more important things to do than respond to Donald Trump’s ill-informed tweet that deliberately takes out of context his remarks“, which is correct. As stated, I am not in some rant; I am in a tactical mode, showing certain high paid players the error of their errors of inaction. If we add the responses by President Trump then I will need another 25,000 words and I just cannot be bothered with that. That is unless the Chancellor of my University will accept it as a thesis. The thesis ‘stupidity of a President‘ might find an appreciative audience in the social sciences, the drama department and the entertainment groups. It might not be of any use to those trying to get a master in Diplomacy, but that is at present not a requirement I reckon. You see, Sadiq Khan as the Lord Mayor has an organising responsibility and a political responsibility. That is why he was elected. I have been in a war mode, in military tactical analyses and looking at where to strike. OK, I am not getting paid for it, but those who are seem to be either silent or allegedly ignorant at what needs to be done. That last one might actually be a wrong assessment. It might be the situation that ‘they do what they are allowed to do as ordered by the political branch of government‘. Is that not the part we forget? The military cannot act against those who attack the UK, because the politicians are desperately seeking a non-military active solution. I believe that we passed that point by at least 5 years. I think we have hit rock bottom when it is the terrorist organisation Hezbollah that is telling Riyadh to seek dialogue and negotiations. I am willing to give a little leeway to Hamas trying to talk to the high officials in Egypt, yet if there is any continuation of rocket attacks by Hamas on Israel, their options will be removed. Yet here too we have issues as Palestinians (not confirmed members of Hamas) have been fighting alongside ISIS in the Sinai, yet the result might he as harsh as we need it to be. We can argue high and low, but in the end, we merely need to consider if we are willing to get our less militant way of life back. ISIS/ISIL will make that impossible. Anyone making any mention that there could be talks is merely deceiving themselves and those around them. We know that war is not a nice thing and that it is the beginning of a lot of ugly things, yet in all this, we did not start this. We might not be entirely innocent, yet we have forever been willing to talk, that path is no longer there because the attackers removed the option. The question becomes: ‘Can we submit to a war‘ that stops it, or will we be confronted by politicians and high brass that implies that ‘fucking around‘ is the better path. If they do, please tell them to submit evidence on when that approach ever worked. I am willing to bet that the number of successes can be counted on the fingers of a man who had his hands removed.

So yes, there is at present silence in my heart. Not because of what happened, but because what needs to be done. There is no validity to rejoice, because only the truly insane rejoice at a war where they have to pick up the weapons to act. That is a political fiasco of an entirely different nature. When your enemy has decided to use children to fight in this war, we can only feel a pain in jour heart to fight, but that is the part we have to do, because we need to be able to spare our children such actions.

 

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Actively  Missing direction?

The daily star is giving us (at http://www.dailystar.co.uk/news/politics/618722/Who-should-I-vote-for-in-the-General-Election-quiz-Conservative-Labour-Lib-Dem) a nice little questionnaire on who to vote for. I tend to have mixed feelings on these polls, but curious as I am, I took the list and behold, my choice was known and it was my direction. Yet, there are still issues on the questionnaire. You see, it’s fun, and perhaps those who do not know who to vote for should take it to get a general direction, but still there are issues. So let’s take a look at these 15 questions. Yet, this is as you will see the beginning of a much larger issue. What is beneath the surface is a combination of inaction, denial and delay. We are all plagued by the inactions of politicians and we have to pay for their ‘non-choices’. Let me take you on a tour explaining that.

  1. There should be a second Brexit referendum on the terms of the deal.
    Really? There was a referendum and the brits decided to move out. So let’s get on with it! Politicians, especially the sore losers want to turn this all around. I would state because they are sore losers. The last year has been about fearmongering on several levels and even my own party is not innocent here.
  2. Immigration to Britain should be reduced over the next five years.
    Why? Well, I went with never mind, because some might like a reduction on several fronts, yet in the end, we need to think long term, keeping immigration stable seems like a good thing, reducing it? Perhaps it is, perhaps not. What is clearly evident is that as Australia closed immigration and hindered it to some extent, Australia avoided the infrastructure collapse after the 2008 financial crises, if Australia had allowed for the boosted Silicon Valley growth option, the Australian infrastructure would have been in deep trouble and their version of the NHS (Medicare) would not be around today, that part is pretty much a given.
  3. There should be a Bank Holiday on each patron saints’ day.
    I think we have enough bank holidays at present. We could go to the old days (before 1950) when a bank holiday also implied a mandatory visit to the church; you still game at that point?
  4. More selective grammar schools should be opened in the UK.
    I have never ever seen ‘selective’ schooling to amount to anything but excessive pressure on students, that is just a really bad idea. Also, selective schooling tends to imply that certain elements are removed from schools. I believe that the wider and more generalist grammar school is, the wider the development of the student. That has always been a good idea, especially as today’s children in a grammar school will enter the workplace with technologies that we at present haven’t designed yet. So whatever selectivity they now face, the harder some adjustments tend to be.
  5. Key industries such as railways, water and energy should be nationalised, funded by higher taxes.
    This is a real Labour question. This is one of those dangerous questions as the element missing here is that this step alone will drive the UK into deeper debt, a cost that will exceed a quarter of a trillion pound. That is not a good idea at present. The option to nationalise part is not a bad thing, but the UK coffers are empty, a blatant fact Jeremy Corbyn ignores as his promises are all based on the need to drive debts up. Which will be an issue the next two generations will have to pay for, how irresponsible is that?
  6. Britain must help defeat ISIS militarily in Syria and Iraq to tackle the threat of terrorism.
    I believe we should commit to that, we were part of the start, the UK way of life is in danger within the UK. So stomping out those dangers is a clear need. No matter where we need to go to fight it and as it stands at present, with ISIS growing on the Philippines, Opening a large UK base in Darwin, where the ladies are underdressed, the man are overdressed, the sand is warm and the animals are deadly is not out of the question at present.
  7. Older people with more than £100,000 to their name should help pay for social care
    I am not certain here. I would state don’t mind, but we need to see how fair it is. Older people who worked their entire life, saved up, and now get to retire, but because they did well they get additional bills is not really that fair is it? The question is dangerous as the term ‘should help pay’ could be higher premiums, less options or loss of certain pension rights, might be in play and none of these are fair on those people. There are options to barter on certain parts, but in the end, £100,000 is not that much anymore. Look at your annual food bills to realise that impact. I see that there are issue here.
  8. Wealthier pensioners should not automatically receive the winter fuel allowance.
    Impacts on the previous question and here I agree. I see the winter fuel allowance for those in the lowest income groups, there is no validity on them having to live in the cold, decimating their health. This is where I saw the ‘option to barter’ in the previous question. In this case the winter Fuel allowance is for those in the lowest and no income groups, we have a duty to shield them.
  9. Businesses should pay more in taxation to help fund public services.
    A sound ‘yes!’ is clearly reverberating on the grassy hill. The bulk of large businesses are ‘blessed’ with too low taxation. Having all corporations see an increase of 1% with a clear maximum to fund infrastructures is not the worst idea. There should be a clear max as it is equally unsound to have places like Apple, Acorn, Amazon et al pay an additional 1% of their total revenue, we would like that, but we also must acknowledge that this is not fair either.
  10. Britain should have up to date nuclear weapons.
    Are you flipping kidding me? They work, they go mushroom-boom, and it will be the end of it all. Having them updated is merely wasting money to me. Replacing them if they are obsolete is another question. I remain committed to lower the nuclear arsenals over all. Wasting money on up to date nuclear weapons gets zero consideration from my side.
  11. Income tax should be increased for everyone to free up money for the NHS.
    Again, I agree, but it is a dangerous question, because people are pretty much taxed to the max. In my view that would be an option, only if the 0% group goes up by £1200-£2000 per annum. I would have done the offset by increasing layer 2 by 2% and layer 3 by 1%, giving us a little more whilst leaving the lowest group with more. Changing that to layer2 a 3% increase and a layer3 a 2% increase is fine with me. That would require that all the added taxation goes straight to the NHS.
  12. Britain should borrow more money to invest in the economy and abandon the aim of cutting the budget deficit.
    This is another Labour question. Absolutely not! Investing in the economy is a farce from certain people with diminished mind capacity. There is evidence all over the place that this does not work and abandoning the deficit cutting is an even louder no. I am all in favour of imposing mandatory jail sentencing for any politician who is not keeping the deficit in check, which pretty much adds to the fuel of dumping Corbyn in jail for the rest of his life if he is elected and starts nationalising anything.
  13. Students should be able to attend university for free.
    Not merely for the superstitious. I don’t mind, yet the reality is that this is no longer a feasible solution. In some nations this still happens (Germany and Sweden), but they have a very different social and income structure. Germany has a massive manufacturing side, the industrial area that is the envy of entire Europe and Sweden has a social structure and super taxation. Also Sweden is a mere 10 million people. When a nation surpasses a certain size, the solution of free education and certain infrastructures are no longer a solution, it will be a millstone hanging around the neck of the treasurer. It is lovely to offer it when it is a clear option, for the UK that is no longer the case and might never be an option again.
  14. Cannabis should be legalised and taxed.
    The one Lib Dem side that I can live with, legalising it, taxing it could be a solution, especially as the war on drugs is a complete waste of resources as there is no solution and that war cannot be won. There is the option that it could lower the amount of people into hard drugs. This is an option, yet the opposition claiming that once into soft drugs, the jump to hard drugs is massively lower and more easily walked into. That view is equally valid as I personally see it. There is not enough data to prove or disprove any of the paths. The willingness to consider it is perhaps not a bad idea. Yet in equal measure, as binge drinking cannot be controlled, offering legal cannabis in the field remains a controversial option. The fact that this would be taxed is good for the coffers, yet in equal measure, making the NHS pay for it might be another side that should be barred. Setting the field of healthcare regarding narcotics to private insured or paid up front is not the worst idea to have.
  15. More police officers should be recruited to make Britain’s streets safer.
    Yes, the final question is a dangerous one. Who pays for it? Labour offering it as a promise whilst the budget cannot pay for it remains an issue. In addition, in light of the size of increase, there is no evidence that this would make the streets safer. The fact to guarantee that change is the amount of police increase that is just slightly short of absolutely bonkers. Nice to have, but not realistic.

So, these are the 15 questions and they are good ones, yet in a few cases, the changes we want or do not want also have a cause and effect beneath the waterline. The Titanic made that mistake once (well actually the person at the wheel), so we need to take mind of what lies beneath and that part is not always clear to the persons basing their decision on merely this quiz. Still it could be path to take and then look deeper at the party that came out on top. Just be aware of the issues we see and the issues that we cannot see. That is not an attack or criticism of whoever made the quiz. It is merely the consequence of a world that is slightly more complex than we think it is.

And as we see the international impact, when we hear Mario Draghi state: “still requires substantial stimulus” (source Hong Kong Standard), when we see how much deeper in debt the UK is set because no one has the ability to muzzle Mario Draghi, when we get additional noises from other sources that change of this policy is needed, we should question the validity of the Eurozone and the ECB. This fuels now the issues in the elections of Italy as the Central Bank of Italy is now stating loudly: “leaving the euro zone would not solve the country’s economic problems“, which is actually quite true, yet the Italian woes are so intense that staying in might not be preferable to Italy. It might be better off trying to float itself back into business. That is my own unrealistic view. Yet in all this, those before have made the entire mess just too large. The dangers I warned France about are now becoming the one issue that three players are dreading. The quote “The right-wing Northern League wants to pull Italy out of the euro zone, and the anti-establishment 5-Star Movement, which some opinion polls say is now the country’s most popular party, wants to hold a referendum on the issue” is giving us two things. The unrealistic growth of Northern League, headed by Matteo Salvini remained unrealistic, yet Beppe Grillo and his Five Star Movement is another matter, him growing to the extent he did, was not foreseen by me and ignored by too many others. If these two could strike a deal of cooperation, especially if the Italeave referendum result is not one France wanted to face. Because in the previous scenario it left the Euro to Germany and Italy, with the bag in the hands of Germany and France (if Italeave prevails) becomes another matter, it would become an actual fight between those two nations on how to proceed and that would be disastrous for France. The initial downturn of Frexit would be noticeable, yet the downturn when Italy leaves and France gets hit by the swells would show a severity in excess of 250%, it would become a game changer. So as Emmanuel Macron wanted a Eurozone in an age of dangers, whilst Brexit is proceeding, Italy might force the issue under a timeline that neither France nor the UK wanted. That is the consequence of dragging your heels!

Now, as the election must be before 20th May 2018, the later this happens the better for the other players, but their intent of remaining in denial is a bit of an issue for all the players. So those who hid behind ‘What if we play it in such a way so that we don’t have to decide?‘ are now optionally placed in the mortal dangers of getting pointed at as the vile dangerous beasts they forever were. So as the Italian elections are likely to be within the next 5 months, we will see a new scenario unfold. Italy is now becoming much stronger in its ‘reduce deficit’ messages, yet as I see it, that delay is about 5 years too late. In addition, when we realise the intentional misrepresentation of “Visco said Italy must focus its energies on bringing down its huge public debt, the highest in the euro zone after Greece’s at around 132 percent of gross domestic product” is pretty hilarious when you consider that the Greek debt is 336 billion, whilst the Italian one is 2.2 trillion. So the Italian debt is 700% larger than the Greek one. Yet the Italian population is merely 560% larger giving a much larger debt per person. We do recognise that the economy of Italy is vastly better as roughly 99.9945% of the financial world executives wants a Ferrari, a Lamborghini or a Maserati. That is some, most want one of each, and at least these people have actual money to spend. In all this the larger issue is partially avoided if Grillo denies any actions with Salvini. No matter how the Northern League grows, they are nowhere near the size that they need to be to become the major player and lucky for those disliking the far right, Salvini lacks the charisma Farage has, so there is that working against Northern League too. A reality is that as Renzi and Grillo are close to one another, the dangers of a hung government is actually not that far stretched, which gives options to alignment with people like Speranza and Alfano. So as we continue to cater to the ‘next elections’ we need to consider that UK inaction will also act against them down the road (as well as the UK itself). In all this, some players behind the screens have been hoping for that scenario to come, yet I predicted that in the worst case scenario Italy will force the hand of the others, which is now an actual reality. With the public debts to be too large, with the government is massive deficit and with Italy trailing in the economy, being pushed into deeper debt by Mario Draghi is an option most are rejecting. This is now an issue as the talking duo Draghi & Visco would go straight out of the window the moment Grillo wins. That does not mean that the game is over at that point, the official referendum in Italy would still need to be held, but that is at that point only a mere timeline to adhere too. In all this the UK needs to step up its game, because when Italy forces the issue, the UK will lose too much and they would have to give in in several other fields. In this, that would be the good side in all this.

You might wonder how this reflects on the UK election quiz. You see, questions 1, 2, 9, 12 and 13 all influence international links. Q9 could drive some business out of the UK, whilst Q2 and Q13 are an optional source of influx into the UK. A changed European field would also impact all the issues in the UK and as that field changes having clear trade deals would be essential. Yet as my pun intended comment was set at, the Italian car industry will agree to any deal that gives them trade space, so there we see recognition. Also as the job market sees shifts, international workers see changed places of interest. None of this is news, but as we hear the non-relenting cries of Brexit, Bremain and new referendums demanded on setting another chance to Bremain. Yet now there will be a price, these people laughed as a former investment banker became president in France and is now advocating a stronger Eurozone and his ‘proclamation’ of demanding reforms of the European zone has been thrown into a drawer and might never return. Yet Italy is another matter, is it not? The Italians have two parties where one is anti-Europe and the largest one now states that a referendum will happen, that whilst the Italian quality of life has been stagnant for a decade. Overall there is no way to see how that goes, because there is not too much data on the size of these groups. The largest issue is the refugee stream into Italy. That danger is fuelled as we see that Italy is the closest destination for anyone from Tunisia and Libya. With 300,000 refugees in dire desperation, their attempt to get out has only Italy on the menu. In addition the massive shift of African refugees from several places as they all head for Libya, hoping to get to Europe from that beachfront. So as Italy gets a larger and larger stream of refugees, the Italian infrastructure is collapsing more and more (read: under severe stress). Those losing out on essential infrastructure needs will blame whomever they can. The UN has no contingency plan, Italy is buckling under the stress in a few fields and this drives right wing support more and more. If Salvini was a more charismatic person, the drama would be massively larger. So thank the heavens for small favours in all this, one could state. All this also impacts on the UK front, you see, the dangers of deeper debts (like nationalising services) will leave the UK with less and less options. That tends to be the issue with draining towards debts, a lesson Jeremy Corbyn seemingly never learned. The UK should remain business friendly, yet the level of tax avoidance that is currently an option needs to be removed. Corporations need to realise that the party is over; they need to pay their fair share. Nobody denies their valid need for profits, I am merely curious as to what some define as ‘fair’. I remain in opposition of Corbyn who wants to tax them to the age of the Flintstones; I prefer a little more subtle approach where they must pay an honest share. Tax reform is essential here, whilst the people need to realise that Return of Investment is the large equaliser, if the ROI drops too much, they will find other shores and over that thought, the loss of jobs would quickly vastly increase. We might not care too much over financial services, but when it affects manufacturing, the drain will be a lot larger and much wider for longer.

So as we consider the moves that were offered by banks, by mergers and above all the adaptation of Dr Seuss to adapt the readability of what the Bank of England offers, I will take their advice, yet the question becomes, will the voter get this message clearer? Well, the bank with the Cat (Credit Assured Termination) might see it to as a way to flam the flim and get us ‘a story’ in a way, more digestible, yet will it be comprehensible? So as we consider “Romer told staff of the Development Economics Group to write more clearly and succinctly, limiting the use of the word “and.”“, we would want to consider that ‘and’ is the form of inclusion, it seems that it is about clarity of the services and deals offered.

Just like the quiz with 15 questions, it might be fun and it might give us an idea, yet the danger is that anything linked and underlying is now not clearly seen so we tend to trivialise the matters at hand. We forget why it is too dangerous to nationalise services that have been ‘vultured’ in the private sector. We forget that we would love to have all the social perks for every yet that requires the Treasury to have filled coffers, something that stopped to be a reality a decade ago and the politicians of today are vastly in denial of all the wasteful spending, promising all kinds of hires, but they cannot account for the costs of it.

So let’s take a little sidestep using Dr Seuss before the final part is shown. (apologies, WordPress sucks when it comes to table elements).

Jeremy Cobyn Tim Farron Theresa May
I am Voter
Voter I amThat Voter-I-am
That Voter-I-am!
I do not like
That Voter-I-am

Do you like
Corbyn with SPAM

I do not like him,
Voter-I-am.
I do not like
Corbyn with SPAM.

Would you like Corbyn
Here or there?

I would not like Corbyn
Here or there.
I would not like Corbyn
Anywhere.

I do not like
Corbyn with SPAM.

I do not like Corbyn,
Voter I-am

I am Voter
Voter I amThat Voter-I-am
That Voter-I-am!
I do not like
That Voter-I-am

Do you like
Farron with Jam

I do not like him,
Voter-I-am.
I do not like
Farron with Jam.

Would you like Farron
Here or there?

I would not like Farron
Here or there.
I would not like Farron
Anywhere.

I do not like
Farron with Jam.

I do not like Farron,
Voter I-am

 

I am Voter
Voter I amThat Voter-I-am
That Voter-I-am!
I do not like
That Voter-I-am

Do you like
May with Lamb

I do not like her,
Voter-I-am.
I do not like
May with Lamb.

Would you like May
Here or there?

I would not like May
Here or there.
I would not like May
Anywhere.

I do not like
May with Lamb.

I do not like May,
Voter I-am

 

This now gets us to the final part in all this. The ISIS escalations as Russia launches an attack, as we see the issues in the Philippines, we read “Teenage ISIS fighters are said to be shooting people dead for failing to quote the Koran“. In addition we see one source give us “Islamic State has issued a chilling call to its followers to use online classified websites such as Gumtree and E-bay to lure unsuspecting people to their deaths” In all this I remember the movie Eye in the Sky, a gem with no one less than Colin Firth as one of three producers, and a movie that is another Alan Rickman gem, as well as stellar performances from all the other cast involved. You might think, that because it involves Kenya and Somalia, you feel removed, but the movie achieves quite the opposite. In addition, it shows the players in a really bad light. Some hiding behind the collateral damages option. Yet the direct impact is seen early, the dangers that two suicide vests give, the three top players in terrorism and the delays we see. Some would think of Manchester, yet when we see these vests with the amount of C-4, we see hesitation of a pilot for one small girl, yet the two suicide bombers would be able to kill hundreds. In addition we see a political delay. The one issue we are confronted with today in real life is shown with: “James, the legal argument is that we could wait but that we need not wait. The military argument is that we should not wait”.

So even as we see the unfolding of ‘need not wait‘ and ‘should not wait‘ hundreds of lives are basically endangered. Now, this is a movie setting, yet the reality of ISIS, now a clear issue in Philippines, we see the effect of pushing issues forward. The acts on Brexit, on debts and on how the effect becomes when inaction forces us down a very different path. France had every right to make its choices, yet when Italy makes another path by actively choosing to leave, France will not be allowed to cry, they only have themselves to blame, that same issue plays in the UK, as some are trying to undo, trying to push forward and to remain in denial, we see that the push from other players will remove options the UK has down the road, yet the politicians decided to play their version of Eye in the Sky by claiming ‘we need not decide’ whilst the other player will decide leaving no options to choose from. As ISIS is changing the game on several fronts, some out of desperation, the end result is the same; we are all left with fewer options. Soon we could face ourselves in a mandatory ‘boots on the ground’ in several ‘theatres of action’. Nobody wanted any of them to actually happen, but that would have required actions to have been taken long ago. Now that we see reports that ISIS attacked a resort in Manila, the game changes further, because with every non Philippine death, those governments will speak out, yet they are unlikely to act. There is the game changer, the non-acting. It will give rise to more extreme parties growing faster. So as some with political and social studies go into denial, consider the actions in Italy when several Italians get killed. How will the Salvini shift go at that moment? There is no way to predict the shift. As we see many try to appease people with talks and presentations, finding new ways to spread a message, the way that they want to spread the instilling of comprehension. A bank with Dr Seuss, others with WannaCry and violence, the UK is now facing an election where it is not merely about a message, but who will act against those willing to blow up the Manchester Arena with as many casualties as possible? In this Eye in the Sky showed a groups of decent people, yet as some found ways to not act, we see that the need to act was clear, it is that delay that aggravates more and more voters. The USA had ‘no boots on the ground’ which was made worse with the Benghazi incident. As a result the USA now has President Trump, which according some is now a place of ‘action without wisdom’. In the Philippines we now see actions without remorse or restraint. If this stops junkies and addicts, what do you think will happen in Italy later this year? Social values are only valued in places with actual wealth. That is a lesson many learned for decades as Europe waltzed into WW1 and WW2, lessons forgotten as free reign to greed was given, now we see similar issues unfold as we do not take notice of underlying issues. There are already increased actions by the Indonesian navy to stop ISIS from crossing their borders. The question is will it work and how will we all react the moment ISIS has any success in Jakarta. So as we saw “Terror attacks in the UK due to military intervention overseas, says Jeremy Corbyn“, how can his willingness to not act and not act overseas be seen as anything but disastrously dangerous?

When we see all these elements, not all linked, yet all still part of the greater whole, are we all (including me) to some degree in denial on what needs to be done? We can all agree that no body actually wants to act, but when we are forced between the options ‘act now’ or ‘react too late’. Who wants to be in the ‘too late’ team and what damage is brought whilst we all only have ourselves to blame for that?

 

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Filed under Finance, IT, Law, Media, Military, Politics

As an election looms

Finally, we get some words on the Labour manifesto, the Guardian has been on top of it and whilst they are presenting a good part, I have a few issues as they went a little light on labour as I personally see it. Again, it is a personal side and as a conservative you should take into consideration that the flaw is on my side, and I would accept it, but let me give you the goods.

The entire review is at https://www.theguardian.com/politics/2017/may/16/labour-manifesto-analysis-key-points-pledges, so you have the option to completely disagree and seek your own version of their vision. The first part “a short note on a new £250bn “national transformation fund” implies that these costs will be funded through capital borrowing” shows their intent on rail, which is a quarter of a trillion through borrowing. So off the bat we are considering electing someone who wants to add a quarter of a trillion to a debt that went off the handles due to the Labour party in two previous administrations. How is that ever a good idea? a chunk of all the other parts is supposedly coming by adding a new tax group of 50% for those earning above £123K. A marginal addition for the ‘fat cat’ group. So those making more than that will be charged for the amount above and I have a hard time accepting and believing that this will get them the ‘speculated‘ £6.4 billion. It reads more like wishful thinking in an age where rationalism will not ever get you that amount. Consider, as mentioned before, something that any excel user can check with the numbers the UK tax office (HMRC) offers, the super wealthy, those making well over a million is limited to less than 5000 people. So how is this billion pound extra achieved? Let’s not forget they only get the 5% extra over the amount over £123K, as such the income will not get close, yet after the election they will come with excuses, whilst we already knew that this was never realistic. In addition, how many are close to the threshold? In this those making £123K – £199K, they might feel safer setting apart certain investment reserves into retirement, if they get that done, the £6.4B will drop fast by a lot. In addition, the Guardian gives us: “But recent evidence from the imposition of a 50p rate in 2010 shows that the measure could spark mass avoidance by the individuals affected and raise no extra funds for the exchequer“, so there is that part too! Remember Jeremy Corbyn and his nurses? The 10,000 nurses pledge? When we consider the already announced part “Health and social care reform at a cost of £7.7bn, as part of a package that includes a guarantee of A&E treatment within four hours and the end of the NHS pay cap“, and the “Free lunches for pupils as part of £6.3bn school package“, that’s another 14 billion, where is that coming from? Remember the tax increase part? When we tally, we see that the NHS part is already leaving the tax increase at minus a billion, all the other multi billion pound parts are not even close to being addressed. This is simple tally stuff that many in their final year in primary school can achieve from their calculus lessons and Jeremy Corbyn and his ‘raunchettes’ cannot deliver, a mere exercise in lewd offensive spending. Choices without proper merit and ignoring the consequences of the deep debt they got the UK in in the first place. I am all for some level of social levy, yet any social act requires to consider the impact, something that UK Labour is clearly not doing. It is even more upsetting that simple calculus gets us to a place where this would never have been a reality to begin with. Are you seriously considering voting for such a failed attempt?

When we consider the added Cyber security, and the promise to the security agencies, we see items that are promised without any claim to the cost. Now we might accept that part, yet their own £11.2 NHS IT fiasco should clearly show that they haven’t got a clue on how to tackle it because the limitations they imposed through failed IT is part of the reason that NHS IT is not up to date in the most meagre of ways which is also exactly part of the reason that the NHS hacks were successful in the first place. In addition the entire pension part is flawed, that is a given not because of what it states, but when you compare it against the Australian need to already up the retirement point to 67, with a population of 20 million, that is a retirement change already needed now, the fact that the age wave will hit with almost 4 times the intensity in the UK and the retirement age will not significantly up for another 6 years is delusional and as I see it set so that the current Labour electorate can ignore the issue until the next election, at that point it will be way too late and they will offer some diluted solutions using capital borrowing adding another . I see it as we now need an estimated £75bn a year, it is anticipated a near doubling before 2025. You see, some of the statistics have been placing comparison of life expectancy and percentage of retirement, yet as I see it, the quality of life for those born in the 30’s and those born in the 60’s is vastly different. the difference of those two groups is that maximum life is more likely to be in excess of 20 years, so those born in the 60’s and onward have a much higher chance of requiring a pension for close to 20 years longer, on a population of millions, that would equate to an additional pile of billions that would be required. In this the setbacks that the financial meltdowns gave all the people and government institutions, it shows that the shortage will increase and the pension deficit will increase annually by a lot over the next 5 years alone, so not seeing any repair actions is just weird. So as labour proclaims to be ‘social‘ their social unawareness and unpreparedness is just a little too upsetting. Now, the Tories are not innocent either. There is a given shortage and getting rid of the debt is a first step in solving it, so as we see that Labour is now willing to add close to half a trillion to the total shortage and that is just the added shortage of what they want to do to look cool. The added deficit will go straight through the roof adding overall a lot more debt than anyone is willing to consider.

And it is Labour of all others who have no welfare support. they promise a future policy paper, but the overall issue is not that paper (it will be though), it is “There are no spare funds in Labour’s calculations for extra welfare spending. To counteract the effects of planned cuts, under Labour’s current plans it would need to increase borrowing“, so that implies even more borrowing, whilst they amount needed is already through the roof. I did voice a change, I offered a view where there might be some additional ‘fat cat’ costs, even though that is not what I call it, it was a need to increase the second tax tier by 2% and the third one by 1%, whilst increasing the 0% tax group. so basically the lowest people get £100 a month more and the highest (45% tier) loses about £150 a month (as they also have the higher 0% part, they lose a little in the end), around £100 for tier 2 and £50 on the tier 3 part which I saw as a very social thing to do. And all that without burdening towards extra debt. I am not stating that the lowest group did not deserve more, I was working from a 0 balance difference for taxation, so that the coffer would not be denied more coins to address the massive debts it has now. It was a simple exercise in Excel and perhaps my method is flawed, my intention was pure, that is a lot more than I can state for the McDonnell-Corbyn group who will happily max out the UK credit card and leave others to solve the matter after they leave office, just like the two previous labour governments did.

Yet in all this it is not just the Labour party that needs a look, the Lib Dems are also due a little concern. In that I actually like the entire ‘rent to buy‘ pledge. I cannot say if it would work because the ground materials are not a given at present. What homes would be offered? Consider what the foundation is. New houses, would b great, but when we see where, there will be an optional issue. It is of course a way to get the younger generation out of London and perhaps towards other places where a younger population would be a good thing. However, would they embrace life in Essex, Suffolk, Norfolk, Lincolnshire or Kent? What happens when that is not an option, what if the social houses in London does not get resolved? Those elements make the Lib Dems an issue that might not come to pass, yet for every person accepting a place outside of the greater London area, the pressure will go down a little, enough little’s will make for a moment of relief, yet will it work, time will tell. In all this I personally found the second ‘referendum’ offensive. So, because people did not like the outcome, because some didn’t bother voting, the people in the UK get to vote again? I wonder how the Lib Dems will be seen when the EU gets the bill of what Wall Street does, when the UK gets the pounding because the US could not get their house in order, I wonder how those second referendum people will be seen. Even as the US is ‘suddenly’ doing great again, whilst their debt is increasing by trillions of dollars a year, as well as their inability of dealing with their deficit, how will that push others? The US now with almost 20 trillion in national debt, they stated the 1st half of 2016 a collected taxation of 1.48 trillion. now, if we do something not entirely valid, but what if we double it? (the second half is never as much as the first half, yet for argument sake), this now implies that the US would collect a maximum of $3 trillion for 2016, that whilst at present, federal spending is at almost $4 trillion and the deficit is now approaching $600 billion for this year. The deficit, no matter what they report is not getting properly addressed and has not been or over a decade. What do you think will happen when that well ends? Do you think that export to the US will continue? At that point, who would be the trade partner that remains? I do not proclaim to have then answer, yet when we see that at present US total Interest paid is set at $2.5 trillion, where do you think that goes? Who is paid interest on debts that seem to be mainly virtual? Do not think it is a simple picture, because this part is as complex as anything could ever get. Machiavelli could not design something this complex. Yet at the end of the day, the taxpayer is left with the invoice. As such lowering debt is the only safety net that would allow the people in general to have any life. I have always stated and truly believed that once it collapses, it will hit whomever is in debt. I still believe that Japan is the first domino to fall, yet that also means that the US dollar gets a hit that will be a terminal one and Wall Street will falter almost immediately after that, after which the Euro will go straight out of the window, its value less than the German Deutschmark in 1923. Japan has a debt that is close to 240% of GDP, a group of nations that includes the US, Japan, the UK and several other European nations have a budget deficit that is surpassing $9 trillion, how is that allowed to continue? This is not me, this comes from Martin Weiss, PhD. Although his PhD is in cultural anthropology from Columbia University, not in economics. Yet we can agree that at least he has a few degrees which includes degrees from Columbia and NYU, so he is not the most uneducated tool we know, unlike some in politics nowadays. The problem is not the total deficit or the total debt. It is the fact that some players like the Rothschild’s, Wall Street and even the IMF are wanting this game to continue. A push it forward game that benefits the political and financial engine operators and 0.1% of the population. Would it be fair to call this a legalised form of slavery? Is the one option allowed to have the same as a freedom of choice? That is what is more and more at stake. When the people in the UK were allowed this freedom, they chose Brexit, now we see all these players trying to undo that one part, because it is the fear of the players with too much to lose. We get more and more weighted information from the press and that engine is less and less reliable. So what remains? Well, the people in the UK are about to make their selection, whilst we see certain manifesto’s that are debatable to say the least. Some parts are just not realistic at all, yet the people must elect someone. I will not tell you who to vote for, I am merely wondering if the people will ever be properly informed.

This is mainly because there is an election looming and those not governing will make whatever promise they can just to get into office. So what will happen after that? Remember Emmanuel Macron? Making all those statements on how Europe must reform, or else there would be a referendum? Well, merely an hour ago we see: “Both pro-Europe leaders were keen to show solidarity concerning the Eurozone and have broken with previous statements by discussing potential changes to EU treaties. The move is seen by both nations as a way of healing ongoing EU upheaval, combating the rise of the far right and showing a united front in the wake of Brexit negotiations” healing whom? the ECB spending spree recipients? When we see “Visiting Berlin on Monday, Macron ‘did not push for major, ambitious reforms (of the EU) because he knows the chancellor cannot deliver until the elections in September’“, I merely see the fact that the French people have been lied to again, and those people voting have elected a new Wall Street tool (as I personally see it), and the fact that he was a former investment banker was pretty much a clear giveaway. I expect to see some kind of ‘compromise’ that gets no one anywhere any time soon around the end of August or early September, implying that the European gravy train will move along with full speed ahead for another 4-5 years. When you realise this, do you still think my Brexit support was weird? If someone had effectively muzzled Mario Draghi, that might have been a first piece of evidence that reform of the Eurozone would have been a far fetched optional reality, yet so far, that has not and is unlikely to happen.

 

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Vive la what?

France decided, Emmanuel Macron is now the President of France. I will not shout some ‘hack’ issue. I believe that France made a choice, how well the choice is, is something that the President-elect of France will have to prove to be. Not the lame statistics on how young he is. The Guardian gives us some of the optional bad news (at https://www.theguardian.com/world/2017/may/07/theresa-may-congratulates-macron-on-victory-as-eu-breathes-sigh-of-relief) where we see: “Happy that the French have chosen a European future. Together for a stronger and fairer Europe.” No, they did not and your rhetoric only is a first piece of evidence that the EU and the ECB are considering a former investment banker to be the reason to play your games, forcing people deeper in debt and slowly turning the EU into something despicable. For the most, the article is fine. Today will be all about congratulating President Macron, whilst those shaking hands, calling the Palace or sending letters are desperately trying to get a few political punches in. That is part of the game, yet the dangers due to the greedy need of the USA is about to become actually dangerous. Marine Le Pen could have sunk those dangers, although it would come with other issues, there is no denying that. Yet the economic health is going to be a first, in that Crédit Agricole, BNP Paribas and Natixis would guard against that happening to France (after they take care of themselves and their needs), yet will it be enough? The quote that President Macron is giving now is: “I do consider that my mandate, the day after, will be at the same time to reform in depth the European Union and our European project,” Macron had told reporters, adding that if he were to allow the EU to continue to function as it was would be a “betrayal”. It sounds nice, but over time and especially as we watch delay after delay will we see if he is actually made of stern stuff. Time will tell and there is no way that it would be regarded as fair to see any initial headway until at least 10 days post forming his government. Yet there is a side we must take heed from. It is seen in the quote “he spoke out against a “tailormade approach where the British have the best of two worlds” creating “an incentive for others to leave and kill the European idea, which is based on shared responsibilities”“, this sounds nice, but responsibility also implies accountability, a side that has been absent from the EU and the ECB with ongoing lack of transparency for the longest time, in that Brexit remains a valid step.

So why do I seem to be freaking out?

That is partially true. Not because of Marine Le Pen not making it, which might have solved a few things. It is the part I mentioned yesterday with the Financial Choice Act. As a cheat sheet (at http://media.mofo.com/files/uploads/Images/SummaryDoddFrankAct.pdf)

shows us: “The Dodd-Frank Act creates the Financial Stability Oversight Council (“Council”) to oversee financial institutions“, that part is now effectively gutted from the Dodd-Frank Act. The damage goes a lot further, yet as I see it, the people in the White House have just enabled the situation that what happened in 2004 and 2008 can now happen again. When that happens the Euro will take a massive hit too. With Brexit part of that damage can be averted and in layman non diplomatic terms, we can state that as JP Morgan is getting the hell out of Brexit, the damage they could potentially cause in the near future will be on the books for the places that they go to or remain in.

One of the dangers is seen in the key principles of the Financial Choice Act. With ‘2. Every American, regardless of their circumstances, must have the opportunity to achieve financial independence;‘ we can read it in a few ways, one of them being that this is the sales pitch where the Greater Fool can invest in something, using funds that person does not have whilst endangering whatever financial future they thought they might have had. It basically opens a door to get some of the suckers’ bled dry fast. In addition with ‘3. Consumers must be vigorously protected from fraud and deception as well as the loss of economic liberty;‘, I do not see protection, I see a setting where basic protection is in place, yet as we have seen with the issue in 2008, the amount of people who lost it all whilst prosecution failed to protect the people and convict the ‘transgressors’ nearly 100% is just too stunning, and it is a lot more dangerous now as the global population has nowhere near any level of reserve of protection compared to the last time around. In addition, when larger firms start playing this game, they will drag whomever they passively claimed to protect (like retirement plans, like mortgages they held) with them.

There is another side which takes a little longer to explain. Yesterday someone tweeted an image I remembered when I grew up. You see it is all linked to what I was part of in the 80’s. I saw the application of segregation, isolation and assassination in a less nice way. It drew me back to my childhood, when I was introduced to practices by the Nazi’s in WW2 during my primary school history lessons. To identify the Jewish people, they were told to wear the Yellow Star of David. When I saw the image my thoughts started to align, unlike the puzzlement of the population at large in 1941-1943 as the star was made mandatory in several nations, the people were uncertain to the matter, with the exception of the Dutch underground who would not trust any German for even a millimetre, they were able to hide 25% of the Jews, so in the end well over 100,000 Jews were deported. From those only a little over 5,000 survived. The Dutch underground was able to keep close to 30,000 hidden, with well over 2/3rd surviving the war. Most people, would not learn of the actual fate of the deported Jews until much later, many remained in disbelief for many years after the end of WW2 in 1945. You see, it is that phase that I feel we are in now, we seem to be in disbelief as laws are past to give a sector of industry more leeway, whilst they (according to some sources) made 157 billion in profit and that is in the US for 2016. So you want to open the tap for a system that is less regulated, non-trustworthy and have shown in 2008 to embrace all greed at the expense of anyone else? How is that a good idea?

 

 

So what evidence is there?

Well, there is Senator Warren (Democrat for Massachusetts) who called it an ‘insult to families’, in addition we see “so that lobbyists can do the bidding of Wall Street“, which is still a political statement. When we see the partial part (at http://financialservices.house.gov/uploadedfiles/financial_choice_act-_executive_summary.pdf), we see “Provide an “off-ramp” from the post-Dodd-Frank supervisory regime and Basel III capital and liquidity standards for banking organizations that choose to maintain high levels of capital. Any banking organization that makes a qualifying capital election but fails to maintain the specified non-risk weighted leverage ratio will lose its regulatory relief” It is the very first bullet point and leaves me with the situation that banks have no right to relief when they take a certain path, yet they still get to gamble. I especially like the part in section 4. “Make all financial regulatory agencies subject to the REINS Act, bi-partisan commissions, and place them on the appropriations process so that Congress can exercise proper oversight.” Yet, the REINS Act only passed the Senate, yet is not law at present, in this it is called on to do what? If the Financial Choice Act is set into law before the REINS Act, the US will have a gap the size of the flipping Grand Canyon, in addition, from the McIver Institute we see the opposition from the Democrats with “The REINS bill is similar to legislation moving through congress, but with lower thresholds“, yes, that has proven to be a good idea in the past! Still it is a view of Democrats versus Republicans and it is a Republican government (House, Senate & White House), so wherever are the clear academic dangers? We get that from Mike Rothman, president of the North American Securities Administrators Association and Minnesota commissioner of commerce with “It is clearly evident that the changes contemplated by the bill would significantly undermine and compromise the ability of regulators to effectively enforce financial laws and regulations“, whilst the I saw the term “this voluntary state-federal collaborative framework“, so the collaboration is voluntary, not mandatory. In the last decade, when have we seen a proper level of protection in a voluntary state of any matter?

The beginning of the dangers are shown by the Consumerist, which took a look at version 2.0 of what many regard to be a travesty. In this we see:

  • Require the Consumer Financial Protection Bureau to get congressional approval before taking enforcement action against financial institutions
  • Restrict the Bureau’s ability to write rules regulating financial companies
  • Revoke the agency’s authority to restrict arbitration
  • Revoke the CFPB’s authority to conduct education campaigns
  • Prevent the Bureau from making public the complaints it collects from consumers in its Consumer Complaint Database

The one I had a stronger issue with is the one that tosses responsible spending around. The issue ‘Remove requirements under the Durbin Amendment that guided how much credit card networks could charge retailers for processing debit card transactions‘, so basically by charging stronger on debit cards, people will see a need to pay cash or force the credit card risk on people who for several reasons prefer not to do so. In addition the restrictions to arbitration will give leeway to Financial Institutions to avoid all kinds of courts as the victims (called consumers and investors in this case) any right to hold the financial institutions to account. It is rigging even stronger an unbalanced system. Marc Jarsulic, Vice President for Economic Policy at the Center for American Progress called this ‘a system that removes protections against taxpayer-funded bailouts, erodes consumer protections, and undercuts necessary tools to hold Wall Street accountable‘, which was already an issue at present making it a lot worse. It seems that the junior workers of 2008 are now in a place where they would prefer to fill their pockets before their luck runs out. The last bit is purely speculative from my side and it might take until 2020 until I am proven correct, yet at present 2 years is a long time to await the dangers of a greed driven system to get a little greedier. It is in that that segregation from the Euro will become essential soon enough, especially as there is no one muzzling the ECB and its crazy need to spend funds that they do not have and will not have for years to come. As for the news we see appear at present on Bloomberg shows my correctness from another side. At https://www.bloomberg.com/politics/articles/2017-05-07/a-reverse-trump-tax-plan-delivers-an-economic-miracle-in-sweden, we see how a reverse of the Trump ideal works a miracle in Sweden. Now, it sounds a little too good to be true and it is. You see, I am not against the principle that Sweden has, yet in Scandinavian terms, the Swedes are uncanny social. I once joked that a woman can get married, after a year she gets the bun in the oven and gets paid maternity leave. If she starts making buns non-stop, she will never work another day (as long as she gets pregnant immediately after giving birth), 20 years and 22 kids later, she still has an income, a sound and secure retirement fund with only one year of work. It is almost true and I admit far far fetched. Yet the social side of Sweden allows for this. Because that one person will be the utter outlier in any statistical graph. The Swedish solution works in a social educated country like Sweden. In America which fosters self-centeredness and greed, this system would be abused at the drop of any hat and the system would collapse. You see, Bloomberg does not mention, that unlike America, companies in Sweden do not shun taxation (IKEA seemingly being the exemption to that rule), which is also a huge difference. In addition, Swedish Civil Law has a sizeable extensive system of Administrative Law which would also contribute. As we see commerce in Sweden increase, the Swedes will automatically feel the brunt of that in a positive way (as I personally see it). Yet it is not all good and summer there, as Magdalena Andersson faces a vote of no confidence if certain changes are not stopped, or even more adamant, be rolled back to some degree.

It is this combined view that France is now seen as ‘Vive La what?’ It is very much on how certain banks and the ECB are called back to stop endangering the future of too many people, Quantative Easing be damned. It is in that environment that the Financial Choice Act is an upcoming danger as Wall Street gets to be in charge of how money flows, in what direction, risky or not. As for what happens between now and 202, I truly hope that I am wrong on every count, because the 2008 global losses which have been estimated to set around $15 Trillion could easily be doubled this time around. More important, as global national reserves are none existent, the impact will hit the consumers and retirees in ways that they cannot even fathom, it makes the hardship in Greece look like a cakewalk as I see it. I will happily be wrong, yet the visibility we already see at present sets me more likely than not correct, which is really scary, not just for me.

Oh and if you doubt me in this (which will remain forever valid), why have we seen massive levels of misinformation from papers with ‘NO ONE wants to risk GREXIT’ Economist says Greece bailout will go ahead to SAVE Eurozone’ (source: The Express), whilst we know that you cannot be set out of the Euro or Eurozone involuntary, and ‘saving Eurozone’ is a little strong is it not? Or the Daily Mail that gives us that Brexit is a gift to the Greeks. This is not merely a point of view, certain sources are adamant to misdirect the focus of the people, if the Euro was such a gift from the gods, misdirection would not have been needed, would it?

 

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Awaiting the next…

There is not a lot to do today, the French polling booths opened up 28 minutes ago, there is no certainty who will make it to the palace in Paris and I will not speculate at this time. In that regard, the shouting of ‘hacked’ by Emmanuel Macron seems shabby and shallow. In that same light, we see (what I regard to be) the the hilarious idiocy of Jeremy Corbyn with ‘We’ll fund spending by raising tax on £80,000 earners, says Labour’, which is a joke when you consider that it does not even get close to 20% of the spending spree he has in mind. The UK is in a state of hardship for now and that has always been a known fact. It is a hurdle that the right politicians can overcome and Jeremy Corbyn is showing again and again that he is not cut out for that position. The quotes “under the plans, 95% of taxpayers would be guaranteed no increases in their income tax during the next parliament” as well as “those earning above £80,000 should expect to pay more to enable improvements to the health service, education and other public services” show the level of lacking reality. Now, I have nothing against raising taxation just a little in high earner fields, yet that was to offset increasing the 0% tax bar so that those in low incomes would get just a little more. The improvements needed to health care alone will require billions, more than the tax increase allows for, which means that the UK Labour party is deceiving you. Would you vote for someone who actively and openly deceives you? You as UK voters, you should know this by now. In all this, these false promises from Labour UK is merely a clear sign that voting for them is voting for the downfall of the UK. UKIP is equally down, having no constituencies left and the lack of the charisma of Nigel Farage is a problem for them. Paul Nuttall is not getting it done, which is no bad reflection in him. He started as the underdog and with merely a Brexit, it is not enough. Farage was (even though everyone disagrees) a visionary, not the most diplomatically eloquent one, but a visionary none the less. Paul requires more than he has at present, more following, more issues to work with and these two are much harder to come by at present. The Lib Dems are not in a growing side either, but they already had a following and I will admit that Tim Farron did a lot better in this election than I gave him credit for. If he can connect to Theresa May and plead for essential parts of the Lib Dems message to become accepted by the Tories, he will actually have a game to play and if administered better than Nick Clegg did, he will have an advantage, one that surpasses the Labour party at present, which is saying a lot.

In all this, we have weeks to see the press give voice and give a swing to what these politicians are trying to say without sounding like Oliver Twist with ‘Can I have a little more please?

Whatever happens, it will not happen until Tuesday as Monday will all be about France and it will be about the next phase of France. In that regard I do believe that the outcome of the elections is merely a stage towards what will be opened at that time. No matter the win, a European referendum seems to be no longer avoidable. Macron is realising it and Marine Le Pen is merely waiting for Macron to screw up that one mistake is all that will be required.

That is the setting which we will see before the general elections and hen that happens it will impact the political actions in the UK. It all takes a turn when we look at the BBC with their reality Check, those claiming (read: Nick Clegg) that households would be £500 worse off is still not proven to be correct. If anything, they are 0.2% better off, yet there is a little over 6 months to go, so there is room for the end result to shift, yet by June this might be proven to be no longer a reality. It is those bog winded predictions that should be at the core of how we hold politicians accountable and in that regard Nick and Jeremy are not doing too well. Even as they hit out against Nigel Farage when he stated ‘I would much rather’, which is a preference and not a certainty, they themselves are all about ‘is likely to be’ which is actually also a prediction. It is the intonation of ‘it could be worse’ that counts. I have seen too much from certain people showing this path. It is the level of fear mongering for votes that really gets my goat.

Clegg was doing a similar thing less than 24 hours ago on how raising taxation would gain Sheffield £100 million (source: the Express). As I see it “by adding a penny onto every pound of income tax people pay. The tax, the Lib Dems say, would raise £103.7 million for Sheffield each year – £84 million for the NHS and £19.7 million for social care” the quote is merely wishful thinking, by raising taxation by even 1%, the lowest two groups could find themselves in near physical hardship, which now implies that the spike that the increase brings will result in NHS costs more than twice the amount they are gaining. By the way, that one percent addition, implies that Sheffield gets a little too much. When we get the numbers from HM Revenue & Customs, we see that in 2015 South Yorkshire the total taxation was a little over £2 billion, 1% of that is merely £20 million, so where is little Nicky getting the rest from? I am 100% certain that the quality of life in South Yorkshire did not go up by 500% in one year. Yorkshire pudding just does not give that level of taxable revenue. Which implies that Tim Farron has a problem by letting Nick Clegg babble all over the place. Perhaps Clegg was the Obi-Wan Kenobi of Jeremy Corbyn? In all this we see a need for clarity and getting the correct information to the voters, because any Clegg-Corbyn union will ruin the United Kingdom as I personally see it.

So what is next? What are we waiting for?

That is an actual issue, at times we can only wait until the results arrive and the UK will be awaiting what happens next. On this day, this Sunday, the UK will be reacting to what happens on the mainland. Even Greece is getting visibility by proclaiming to be the ally of Macron, so how are they valued at anything? Late last month we see how Greece is one target to make the debtor deal, whilst last week we see that the EU is trimming down the forecast for 2017 from 2.7% to merely 2%, in all this were the numbers adjusted? So after the deal, we get the bad news that the numbers were off by almost 26%, how is anything in Greece valued at all? (source: RTE).

So, those people who were off by well over 25% are all about engaging through the facilitation of a former French investment banker as President of France? In all this the UK will go forward in Brexit, because not doing so will have dire consequences. That risk is now coming from the US a they are trying to get the Financial Choice Act into place. So at the Guardian reported “If you want to buy a house, it will let salespeople push you into high-interest, high-fee loans because it increases their referral fees. On top of that, it makes it easier for realtors and mortgage lenders to sell you into closing services that they actually control – essentially giving themselves a kickback”, is just one of a few issues that give rise to the angers of more than the low income earners to become either a wage slave or homeless. You only need to have been there to know that you will do nearly anything to remain a wage slave. On the 15th of February of this year I wrote (at https://lawlordtobe.com/2017/02/15/pimping-the-united-states/): “If there is an upside, then it will be that the next financial event will have one enormous difference, the moment the US people see that their quality of life returns to a 2009 state, there will be 170-205 million people unanimously agreeing that the President of the United States is to be assassinated, moreover, when that angry mob runs to Washington, the army will not intervene as they will have been hit just as hard as well as their family members. So at that point the Secret Service will need to protect an idiot, whilst they have less than 1% of the ammunition required to stop that angry mob. Good luck to them I say!”, the Financial Choice Act might be the actual point that made my speculation a few months ago an actual reality. At that point we need no longer worry about either the IMF, Mario Draghi or the Euro. I reckon that once one of the players goes a little overboard for mere greed, the people will gut (quite literally) anyone working on Wall Street, at that point the people at the IMF will run for their lives, having no control over what happens next on the global market. Mario Draghi would essentially take the first flight into anonymity and the Euro would take a dive so steep that 10 EC members will take flight to their old currency overnight giving the UK and Sweden a large reason to smile for a few hours (they would still take a hit soon thereafter), pensions in Europe will become a thing of the past. Yes, this is speculation, yet when the financial services making a profit will over $150 billion a year needs more options for profit, I think we can all agree that the dangers of any future lost to the population at large will have dire consequences for anyone facilitating in that endeavour.

The weird part is that Frexit will actually increase the dangers to the Financial Choice Act to become a reality, because that is the way greed tends to go. Those wanting it are already massively rich and they will not care about the 98.4% of the population that they hurt to such an extent. So as we contemplate Brexit, Frexit, Swedone, Withdrawsaw, Czech-out, Donegary and any other fashion word for countries leaving the Euro (oh, I forgot about Beljump and Nexit), the US in their lack of foresight is about to give rise to financial fears to the global market at large. I will dig deeper into the Financial Choice Act in the near future.

 

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Conservatively valued

When I was relaxing last night, I knew that there was an issue with the UK Labour party. There has been one for the longest of times, what was not clear to me is that it went a lot further than I expected. Not only was I unaware that in all the waves of Media bias, the voters themselves had figured out a few things. Not that the voters are in need of education, because proper information tends to give voters a better view of what way not to go. No, the fact that we se (at https://www.theguardian.com/politics/2017/may/05/local-elections-tories-profit-from-ukip-collapse-amid-labour-losses), that the local pats of the Labour party have been decimated by losing over 300 seats, they are not out of the war yet. In that the General elections of June will still be a fight to consider. What seems to be the case is that on a local level, the people seem to have had enough of the Labour party. UKIP took a dive too and has now no election seats left. I am not sure how I feel about that, because it is a local thing and the people will vote for those who will achieve something for them, in that regard I cannot state that for one, how active UKIP has been, and in the second part that for the most, the charisma of Nigel Farage was the driving force of UKIP, without him active in the party, it would all be about the people of the local electorate and how they perceive their local elected youkiperino. The LibDems did OK, which was a little bit of a shock, but perhaps like in the previous elections as there was an interchangeability in electorate councils between UKIP and the LibDems, there is a chance a chunk of those people switched back. I would need the actual datasets to take a better look at that part. The quote in the article by Anushka Astana and Heather Steward is an interesting one, we see: “May’s claim that the EU was meddling in British affairs, which propelled her on to the front page of every national newspaper on Thursday morning as voters headed to the polls, was believed to have contributed to her party’s success against Ukip”, there is every bit an optional truth in that, the entire EC issues and the Europe against Britain has given Theresa May a much stronger view and an increased improved exposure and that is what the local voter are influenced by. I agree with that part, yet that would still not have been possible without Labour pooching their political game. In that Jeremy Corbyn is that larger loser, as I pointed out the day before yesterday in my previous blog. So as the UK moves forward towards next month elections, we will see levels of accusation of foul play by the Labour Party and possible UKIP too, the truth is that the people are realising that it is not one against the other, it is the UK against a non-trustworthy engine in Brussels and in addition the European Central Bank and Germany. Two sides that are trying not to get thrown of the European Gravy train. In that side, the additional usage of a German opening his mouth in, what I would classify as ‘stupidity’ with ‘Brexit: English is losing its importance in Europe, says Juncker’ (at https://www.theguardian.com/politics/2017/may/05/brexit-english-is-losing-its-importance-in-europe-says-juncker), where we read: “Slowly but surely English is losing importance in Europe,” Juncker said, to applause from his audience. “The French will have elections on Sunday and I would like them to understand what I am saying.” After these opening remarks in English, he switched to French for the rest of the speech”. It was bad form, even worse decorum and in that he is now desperately not be seen as a failure, which still has a 50/50 chance of getting getting painted as the ‘village idiot’ in the cold light of day this coming Monday.  The fact that a French election was super unpredictable in round one was pretty much a first in French modern history, the fact that t is not just party polarisation, it is the fact that the people have suffered a massive quality of life, whist in addition that level of loss has been frozen for over a decade is also an issue never addressed by those parties and the opposition is now screaming ‘everyone but Le Pen’ is doing so whilst he was part of a business that took the quality of life away from the French in the first place. It seems that the moment the voters remember their 10 years of hardship and see that one of the choices is a former investment banker, his goose is cooked and ready to get gobbled.

What we do know is that the English language has only increased in importance and it will do so for a long time to come, it does not matter whether the UK is in or out of the EC, the UK remains part of Europe, a trivial matter that Juncker overlooks, in equal measure, when people do business out of their own country in Sweden, Denmark, the Netherlands, Spain and Italy, it is the English language that they hold one too, both sides feel comfortable with. The European population has not felt comfortable with the German language since WW1 and the French in all honesty elide on the elitist ambassadorial need for French, which tens to be not used in those circles either. So Juncker strikes out twice and the hostility created here is also setting the UK population in what might be seen as ‘fighting mode’, which supports conservative values lot more than many bargain for. When a person is attacked on values, that person looks towards family, the homestead, the workplace and staying strong, all conservative values (here I mean original values, not just Conservative party values) and the Tories profited by the situation.

Even as Theresa May keeps a cool head not relying on this victory for the general election, there is a truth in he fighting stand to keep Britain together. In that the Labour party with all its infighting is hurting itself with every round that some Labour person comes out with some strong statement trying to look clever. They merely seem to alienate their own member base. The fact that the Welsh side of the Labour party feels safer doing it on their own is a second sign that shows how much they bungled their own chances (not the Welsh mind you). I have seen and heard cries for Miliband, yet I am not certain how he could fit in. We could argue that anything is better than Jeremy Corbyn, yet the strength of Labour was always coming from a local side and they los that, implying that without that momentum there is no Labour to consider. I am not certain that this is true, in that France can be a driving force for the Labour message in the UK, especially is Le Pen wins. I have stated before and a few times that ‘nationalism’ is not an ugly word, we al believe in our nationalism to drive national pride in sports and products. Do you think that ‘buy Australian’ is merely an empty gesture? As the French rely on the national pride to grow its economy, Labour could do that in the next local elections and regain their own strength (be it with an essential lack of infighting). Yet, this is for the next local elections and in that, unless a miracle happens, the General elections are a wash for the Labour Party. If you doubt me, then consider that this path had proven to be a winning strategy for UKIP and it is still giving momentum to the LibDems. Too bad that the Corbyn groups did not figure this out in time. Will there be a power shift in Labour? It essentially need to be because they have nothing left to rely on, Corbyn threw that away. I cannot state that Miliband is the solution, it is weird, but I do believe that if Ed takes the lessons of his father Ralph to heart, he could swing it all over the next elections. Those who rely on the hatched job the press did two years ago need to realise that his father a Polish Jew immigrated to the UK, fought the Germans (as all British did) and as a University professor created what is now known as ‘the New Left’, Marxist in origin or not, you need to be a person of particularly strong vision to pull that off and he Labour party grew from near nothing to true strength, historical sides that were ignored, even by junior himself. I am not going into he said, she said, and the mud slinging. We know that historically both sides have been fiercely Nationalistic as only the Brits can be. That side has been lost by Labour as it tried to be more European at times, which is now a decided disadvantage, because how did the UK fare under the ECB? Not that great, or at least not to the degree they could have been and the people are seeing the realisation of that more and more, to the detriment of the Labour numbers. Even as some people are urging that Mario Draghi is easing down from his spending spree, Draghi is defiant in his need to wave the trillion-euro credit card around, leaving whatever to come next to pay for the bills. It only resolves the need for Brexit and any anti-Brexit noises we hear will impact the voting numbers, UKIP started it, the people voted on it and now France is moving on it too, yet that outcome is not a given. In all this we see the IMF calling in negativity towards the UK, whilst they have been wrong already three times. In all this we also see the influence of Greece on all this, because it will. Ekathimerini reports: “Greek bonds are investors’ last chance to take a free ride courtesy of the European Central Bank. Athens could soon be eligible for the bank’s program of bond purchases, pushing up prices just as those of other Eurozone bonds start going the other way”, they did not learn the last time, now they have to get to be this stupid again? You see, bonds are lovely for those mediating in this, the expected windfall for those mediating was roughly 50 million Euro last time, and this time? Consider that the Greeks ended up with literally nothing t show for, so why repeat such a stupid mistake, this just drives the need for Brexit and Frexit faster and stronger. That is how Greece is impacting on Europe. We can argue on how desperately the Greeks need it, yet when we know the consequence that it merely keeps the lights on for merely a month and it will take the people years to pay it off, how good an idea do you think this is? And that is when we realise that the interest levels will only rise again giving additional hardship to the Greeks, in all this that so called ‘independent’ ECB seems to be setting the stage for themselves alone. How is that European, acceptable or even problem solving this ECB is? So far there has been no evidence that they are anything but a facilitation to a group that was not elected and seems to have an agenda that is locked down and detrimental to the heath of the entire Eurozone.

Now I agree that my previous statement s a little too strong and perhaps off the boil, yet the election over the next 48 hours are giving us the reality that the people are feeling the hurt, whilst unelected elements are paving the way for big business to get free rides and easy access to the options of profit which will not help the voting population any. Website Fortune.com is giving us “The gross domestic product of the 19-country euro zone bloc grew by 0.5 percent on the quarter in the first quarter, which translates to annualized growth of 1.8 percent in all of 2017, the European statistics agency Eurostat said”, my issue is that the year is not over and in the bulk of all instances in the past, expectations ‘suddenly’ get winded down in Q1 2018, In addition we know that after one quarter 0.5% does not make for 1.8%, and that reality has been shown to many of us too often, the issue is also that this is happening whilst Mario Draghi is spending €60 billion a month, so basically it is fuelling some commerce which is not any level of economic growth, in that realisation, the UK is growing decently and France could go the same way when it Frexit’s the hell out of the ECB jurisdiction. With every spiced report we read, with every ‘speculated translation’ we are given less of less faith in a system that is fuelling itself by plunging the European nations in deeper debt. Tell me, when was that EVER a solution to economic hardship? In my view nationalism seems to be one of the few working solutions left. We just need the right champion and so far (even as I was not a fan of her) Theresa May has been doing the right job, steering the right path, so as a conservative, I feel pretty good. I just hope that Labour gets its act together, because better politicians are forged through opposition, and in the coming four years we need Theresa May to be as strong as possible, because Brexit will not be a cake walk, as the European players are losing their power base and as their fear of a mediocre income grows they will be changing their games and tactics into something insidious, hoping to strong along weaker players and seeing what they can bank for themselves. The lack of transparency will increasingly allow for it. The fact that there is such a lack of transparency has been voiced by others for some time, yet the lack of actions ran updated code of conduct, whilst the ECB powers have grown (source: Handelsblatt Global), when we see such a failing after a decade, whilst the ECB is all about stopping people leaving the European Fraternity is a weird situation, the act that you cannot be thrown out (see Greece) and when a party seeks a better place (see UK) we are confronted with actual issues on the ECB and its spending spree, even hen its largest player (see Germany) is asking  Mario Draghi to ease off. All this is leaving a bitter taste in my mouth and that is even before we realise that the UK has big national fish to fry and solve (see NHS). In all this should we even wonder how France will react? How the French will act when Emmanuel Macron wins and makes a quick deal with his former investment banker friends? I reckon that there is the smallest of chances that in the hereafter Louis XVIII will ask Emmanuel Macron: ‘You too?’. In that, it is so Monty Python to quote that Emmanuel Macron was 171cm in life, whilst at the day of his death he was only 149 cm tall. I joke and offcourse it is unlikely to happen, yet the rage of the French people is such that 50% is siding with Marine Le Pen, a situation that would be unthinkable before Francois Hollande became president. So you tell me, if Le Pen does not win (not unrealistic) and suddenly the people see Frexit fall away (also not unrealistic), how unrealistic is it when some elements of the ECB get exposed and the French rage that follows, especially when the UK economy remains growing stronger and stronger, that not only will a Frexit referendum be demanded by well over 70% of the French, or what will happen at that point when Emmanuel Macron starts dragging his feet?

We will not know for two days, but after that, no matter who wins, France will be in for several large changes. You might have seen how Emmanuel Macron voiced his view on Frexit, yet like Jeremy Corbyn, talk is cheap and the agenda of an elected official tends to change after getting elected, that much has been proven for decades. The question is how far is Macron willing to take it and how will the French view the changes offered. This all impacts on the UK general elections as it will set the tone for Europe. It will have an impact that will last the rest of this current generation to clean up the mess that EC non-elected officials created.

For those who vote, do so, be true to yourself and your family, whilst being in support of your nation, that is as much as anyone can do, do so truthfully and you should be fine.

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