Tag Archives: Global News

The dams are cracking

Yes, that is the setting I saw coming, but there is always ‘space’ for interpretation and at present we see two stories that seem to illustrate this. The first one is given by the BBC (at https://www.bbc.com/news/articles/cly17834524o0 where we see ‘Tech billionaires seem to be doom prepping. Should we all be worried?’ It is a question to have, but what does the article ‘bare’ out? It is not that basic or simple. First we are given “Mark Zuckerberg is said to have started work on Koolau Ranch, his sprawling 1,400-acre compound on the Hawaiian island of Kauai, as far back as 2014.” So, he had 11 years? Seems like overly ‘doom prepping to me’ (is this sarcasm or satire?) The additional setting is “The underground space spanning some 5,000 square feet is, he explained, “just like a little shelter, it’s like a basement”” which seems like the average floor of a mall to me. I think that when the ‘basement’ extends well beyond 1000 Sqft, we can ignore the ‘basement’ label and whatever it is, it is his to do. He might be buying up vats of wine or Cognac, whatever it is. It will be his setting. Then we are given “his decision to buy 11 properties in the Crescent Park neighbourhood of Palo Alto in California, apparently adding a 7,000 square feet underground space beneath.” So here again we get the ‘speculating’ media for the setting of a story. So he might have bought the 11 properties, but what happened to them? What evidence is there? He could have bought this for his nearest and dearest. There are many options. Then we get more ‘famous’ names and locations like New Zealand come up. Yet about halfway we get a clarion call (as the expression goes), we are given “Neil Lawrence is a professor of machine learning at Cambridge University. To him, this whole debate in itself is nonsense. “The notion of Artificial General Intelligence is as absurd as the notion of an ‘Artificial General Vehicle’,” he argues. “The right vehicle is dependent on the context. I used an Airbus A350 to fly to Kenya, I use a car to get to the university each day, I walk to the cafeteria… There’s no vehicle that could ever do all of this.” For him, talk about AGI is a distraction.” And as far as I can tell, I feel like Neil Lawrence does with an addendum, and ad the very end we are given ““LLMs also do not have meta-cognition, which means they don’t quite know what they know. Humans seem to have an introspective capacity, sometimes referred to as consciousness, that allows them to know what they know.” It is a fundamental part of human intelligence – and one that is yet to be replicated in a lab.” And it is part of what I have been saying all along. And we get the larger setting from a second source. It is SBS (at https://www.sbs.com.au/news/article/australians-living-in-america-anxiety/p88o60wos) that give us ‘Saving money and packing ‘go bags’: How Australians in the US are preparing for the worst’ where we see “But she says the attitude towards foreign nationals under the current administration has made life in the US feel “scary”. Kate says these fears were brought to the surface during her green card interview. “They grilled me in the interview and asked me questions not even related to our marriage but about my previous visa and time in the US,” she says.” As well as “Many Australians living in the US are reporting experiencing high levels of anxiety and feelings of instability due to the possibility of rapid political change under US President Donald Trump.

These are the settings that matter. In the first there is the BBC article that is making the ‘doom lecture’ but that is not the setting. When AI collapses like a near empty shell, people will all be tuning for their incomes and playing the blame game, but as we are given ‘Wall Street crashes after Trump announces 100% tariffs on China; $1.5 trillion wiped out’ consider what happens when all these AI ‘vendors’ fall flat, the damage will be more than 10 times worse, America loses 15 trillion. Can you even fathom that kind of loss? That will be the sounding implosion that leads to civil war when 90% of 340 million people lose whatever they had, retirements wiped out, other savings gone, they will get angry. President Trump will have to run for his life to air-force one as quick as his legs can carry him. Evading to Russia or anyone that will have him and his billions? Mostly gone, if not already abroad. Those who bought large mansions outside of the US are likely safe for two generations in France, Monaco, UAE, Bermuda, New Zealand, you name it, some will evade and this is the setting we see. I reckon that people in California will need high walls to keep others out, optionally armed defenses as well. 

Foreigners are now seeing the scary reality they signed on for and they are getting ready a ‘go bag’ to evade to wherever they can as quickly they can. Is this doom speak?

That is a valid question. You see, the AI setting is merely one, President trump soured the waters on tourism which is down in many ways and no reflective view is given by anyone in media. That amount of bad news they find likely ‘irresponsible’ and the media has no business using that excuse as they have been one of the most irresponsible parties ever. Then foreign retail. Canada pulled all the alcoholic beverages from the shelves in Canada. How much is that costing? One source (Source: Global News) gives us that the decline is 85%, that amounts to how much? These three settings is almost a certainty of recession and there is a lot more declines in the papers but the media will not give you the proper numbers. Several sources all giving different partially overlapping numbers. As such the economic dams of America are cracking. And they will lose a massive amount of revenue and while some will give some of the numbers. Most of us aren’t given the full view. I have some of the views as I have been keeping an eye on some of the numbers. But even I do not have the full view. So whilst some give us “The sell-off erased more than USD 1.5 trillion in market value from US stocks. Meanwhile, the cryptocurrency market faced record liquidations of USD 19 billion. This is the largest single-day figure ever recorded.” The part no one talks about is where are the billionaires set at? We see the wins of Elon Musk and Larry Ellison, but where are the other billionaires? How are they doing? And that disjointed Microsoft view.

Why the Windows maker?
That is a fair question. You see, they were all ‘heralding’ how good they were doing, but the shimmer in the shadows is different. We are given “Microsoft is currently losing money on AI development, having spent an estimated $19 billion in one quarter on AI infrastructure, with no significant revenue from it yet. The company also experienced a reported loss of $300 million in Call of Duty sales due to the Game Pass subscription model” all whilst Activision and Bethesda was bought for over $100,000,000,000 and that has an interest setting. They might be ‘offloading’ staff (over 9,000 according to some numbers) and whilst they and Adecco (firing into the thousands) are all set to AI, there is a hidden snag. When this falls short they will face a setting that is a lot more dangerous. People will not consider them in the future. So when the non-existing AI is set to the need of engineers it goes flat and when there is no one around (an exaggeration) to program your LLM, consider where your firm will be. ZDNet gave us “Microsoft’s CEO loves to talk about ’empathy.’ But everything that is coming out of Redmond these days is perilously close to turning the company into the Borg.” Basically a non-existent setting of people that cannot live in a vacuum and that is an additional side I never saw coming. I was focussed on Microsoft turning into an empty shell and when the substance is gone, the shell collapses. That is what I saw in Microsoft Games and Microsoft Office. It started in 2012 when their service devisions were no longer up to scrap and when support goes, so does sales and when we consider the over 100 billion for two companies its, whilst they weren’t making enough to even afford the interest on that, the picture of failure starts to evolve into a nightmare setting and sacking 9,000 people will not safe it. They are telling us now that AI is the future, but at present it does not exist and what does exist requires engineers (remember Builder dot AI?) It is a fictive setting that is showing up all over America and the ‘import’ people are seeing the cracks evolve and they want out as fast as they can. Which is good news for Aramco and ADNOC as they now get the choice of the litter, but for America it is bad news. So there is no doom speak. It is the returning story of a country who think it is too big to go bankrupt. I heard that story before (SNS Bank for one) then a few more banks and they are all part of something else. And America? Parts of America could be added to Canada and Mexico would be relieved to get Texas (the latter part is speculation) and that is the dangerous reality that others are facing. The question is what does it take to throw this around and whilst Wall Street is in denial. Others, those who can afford it, will be making a new household out of American clutches (like the non-tax countries mentioned earlier) also Saudi Arabia becomes an option, but the is reserved for the chosen few (and American Muslims of course). 

So am I delusional or do I have a point? I reckon that one of the larger issues (still setting) is how America deals with Alex Jones. Because if he gets his ‘blockage’ Americans will go insane, they will not accept that this Conspiracy theorist is allowed his fortune after he went after dead children (saying they were actors, who were not dead according to sources). I wonder where that will go, because as I see it, it will be the tinder spark America will be set on fire. At that point all bets are off and I reckon that most ‘New-Americans’ will run to the nearest airport. This might merely be my speculation and optionally a wrong one. But that is how I see it.

Beyond that, the losses that America is having and when all the numbers come out, the second stage is reached and whomever thought they had a retirement, they will all try to collect on whatever possible. 

It is a hard setting and I hope I am wring, because this collapse will fall over Japan and Europe pretty much soon thereafter. Connected currencies will take a massive tumble.

Have a great day, if that is presently at all possible. 

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Rollback

That is the word of the day, I have always had that word in my vocabulary. The setting that any solution o programmed in Clipper had the setting for a rollback. This is how I grew up (growing up in the Clipper age was a little weird). You see, I had two settings. The first was the data didn’t change and as I was a ‘little’ verbose with my data creation there was the option of registering a data version, so that was the setting. We needed a rollback in several situations and that is where the setting ends. You see, today I got to see a few news lines. 

First there was Reuters (at https://www.reuters.com/business/aerospace-defense/boeing-jet-returns-us-china-victim-trumps-tariff-war-2025-04-20/) giving us ‘Boeing jet returns to US from China, a victim of Trump’s tariff war’, now that is a scrumptious hotdog to say the least. At almost $100 million, according to one source, that is a delicious snack to say the least and as we are told. China send it back. The tariff could cripple Xiamen Airlines as the tariff is 125%, and even as Reuters give us that the plane is a mere $55 million, we can say that the price difference is a little too much to be acceptable, the larger setting is that several players are trying to dam in the losses that are projected to become American losses. 

Most of us will have seen the trade agreements that China made with Mexico, so there is that. Then there is the setting we see at where Business Insider gives us the setting that ‘Some Canadian Stores Are Labeling US Imports With a T for ‘Tariffs’’ (business insider put it behind a paywall, so that’s all you get. And only three days ago I saw the headline ‘China’s Strategic Pivot from US to Canadian Oil Imports’ (at https://discoveryalert.com.au/news/chinas-pivot-canadian-oil-imports-2025/) I cannot vouch for this source, yet in that setting we are given “Data reveals Chinese refiners have slashed US crude purchases by approximately 90% between 2023 and 2025, redirecting roughly 1.2 million barrels per day (bpd) toward alternative suppliers, with Canada capturing a substantial portion of this market share.” So the first step to a change has been given and I foresaw these changes even as I never knew about the oil. So as I see it, these changes show billions upon billions in losses for America whilst we see damage to their export, their revenue making defense industry, their tourism and we can go on a little longer. Wouldn’t it have been great if America had a rollback setting for their elections? 

So as Goldman Sachs gives us “The decline in the world’s reserve asset during an episode of elevated volatility comes as investors are increasingly focused on the US’s growing debt burden and other countries are also increasing their borrowing. “Markets are dealing with a lot of competing factors right now — fairly significant drivers where it’s hard to trade all of them at once,” says William Marshall, head of US rates strategy in Goldman Sachs Research.” Really? Only now do we see “investors are increasingly focused on the US’s growing debt burden”, that’s about 4 years too late, but whatever. I saw (and reported on this danger for a few years at least). If the EU, Japan and China dump their bonds (that will be an expensive exercise) the value of the Dollar doesn’t just drop, it ends up having getting a CCC− grade (to give a mere view on the matter). At that point the imminent suicide risk will spike all over Wall Street (a clear but reliable speculation).

I reckon that the one dropping them first gets the best value for it, but after that it will be a quick fall to the luxury value of zero. But it is not just America, the bonds of the EU and Japan will face a similar risk, America is merely the highest as someone thought it was a great idea to introduce the tariff game to their economy. Global News told their Canadians ‘Avoid U.S. travel if possible, Canadian academics are being urged’ with others following in similar settings. The Detroit News gives us ‘Avoid U.S. or take burner phones, Canada executives tell staff’ and there are more sources that give us that, with the added “Arrivals of noncitizens to the United States by plane declined by nearly 900,000 people, almost 10%, in March from a year earlier, according to data from the U.S. International Trade Administration. Travelers are reacting to President Donald Trump’s trade war and to stories of harsh detentions at U.S. airports. Border figures show 4,970,360 came to the U.S. from Canada in March 2024. That number dropped to 4,105,516 travelers a year later. More visitors reportedly traveled from Canada to the U.S. in March 2022 under pandemic-related travel restrictions than they did last month.” I think that Canada is the most likely of number drops, but I reckon that it is not the only one. So as I see it, the danger is not only to Tourism, but business travel too and in that case, hotels in all the major cities in the United States will report on losses of 10% or more, so what does that mean for the value of Marriott International, who operates 9,361 hotels worldwide as of 2024. In addition there is Hilton who operates over 8,400 hotels worldwide. I have no idea how many they operate in the USA, but these are merely the two larger players, especially in the business travel setting. So how many businesses are under the hammer because of this situation? And now as Canada is growing closer to the Commonwealth and they will protect their bigger brother (Canada is 9.985 million km² and the UK a mere 243,610 km²) OK, Australia is 7.688 million km², away highly smaller brother than the United Kingdom. But that setting now gives us that these business meetings are likely to be held in the United Kingdom or Australia. Hilton and the Marriott will still get their coins, but the underlying issues will hurt America to a much larger degree. And as this escalates over the next month or so, the damage to America will increase. Additional damage as China and India rolls in as expecting ‘saviors’ to Saudi Arabia and the UAE will change global politics and global economics to a much larger degree. India will get new options to get additional Pharmaceutical products sold to Saudi Arabia and that is another slice of a billion dollars. Then we get the UK, Australia and Japan hammering on improving their slice of Optical, photo, technical, medical apparatus, as such the American slice of $1.39B will decrees a lot more. All this started with tariffs and basically this setting was staged by President Trump. I merely wonder what got into him to drive America to the edge of insanity (and bankruptcy). What a miss that politics don’t have rollbacks and I reckon that the lawmakers in America will push for a larger change of settings, because I am certain that the Republicans are desperate to see this damage undone and it is me personal believe that they will accept any other politician, even a democrat to undo the damage they are seeing right now.

A mere 21 hours ago we got (at https://jakartaglobe.id/business/indonesia-seeks-stronger-trade-ties-with-eu-australia-to-offset-potential-us-export-losses) that Indonesia Globe gives us ‘Indonesia Seeks Stronger Trade Ties with EU, Australia to Offset Potential US Export Losses’, which is fine by me as I love the Indonesian version of Bami Goreng with Saté Ajam with peanut sauce. The best dish I ever had, even now after a decade, the scent penetrates my nose, even as I haven’t had it in over a decade. So I am looking forward to stronger ties with Indonesia and I kinda miss the spices we had in Batavia (my weird sense of humor). But the stage is drawn as more countries seek replacement for America, their tariff becomes their setting for isolation and Australia will be happy to have ties with a country that has 281.2 million potential consumers. I already gave the premise to Saudi Arabia as they have access to something Indonesia desires. As such there are more players to take over the places that America is about to lose and lose more of them. Next in line are the international students who will seek safer places to be. In this Canada, the United Kingdom and Australia have good chances as they all have great places Oxford, and Cambridge might be the first you think of, but not everyone can afford these places. There is till the University College London, University of Melbourne, University of Sydney, University of New South Wales, University of Toronto, University of Manchester, University of Technology Sydney, University of Southampton. These are merely a Commonwealth grasp of those who are in the top 100 and I reckon that the losses for America start to add up now. And that was merely the Ivy League, America has more good universities and now that the international students will seek education elsewhere, the economic picture of America will deteriorate more and more. 

Wouldn’t it have been great to have some kind of political rollback in place? 
Have a great day and consider where you need to set your focus to next. 

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The thin ice

We have all been there, whether it was in early years when you were trying to cross ice that was not deemed safe, or perhaps later in life when you relied on a stage where you could not be certain, we all have been there, and so was I, not merely was, I am doing it again today.

There was no doubt that the AUKUS stage was set, it was set and prepared for, the French never had a chance and we need to realise that. We need to realise two main parts here (well actually a few more, but let’s start with two).

The first is the Guardian (not the only one) who gives us (at https://www.theguardian.com/world/2021/sep/17/france-recalls-ambassadors-to-us-and-australia-after-aukus-pact) ‘France recalls ambassadors to US and Australia after Aukus pact’, some newspapers, not all give us “That deal became bogged down in cost over-runs, delays and design changes”, which is fair enough. Yet the US with the Zumwalt and F-35 fiasco’s will have to button down the hatches very clearly to avoid the same disaster projects. The second one is less clear, it is about a united front towards China. I never stated that China was an innocent bystander, they were not. We might not be in a war or a seemingly hostile environment, but there is an issue and the US who has no hope to counter this alone found a way to add two horses, the UK and Australia to pull that carriage towards the China sea. France was left behind and that will have repercussions down the line, yet in all this, consider the media, who are they serving? Which stakeholder are they servicing? Consider the new Collins class submarines, in all the news (from all sides) who have been giving exposure to “That deal became bogged down in cost over-runs, delays and design changes”? That list is not that big and why is that? It was the Weekend Australian of all places that give us “According to informed sources, the costings for Core Workstate 2 submitted by Naval Group were at least 50 per cent higher than the Defence estimate of $2.5-$3bn. This total included completion of the submarine construction yard being built at Osborne North by government-owned Australian Naval Infrastructure to the functional requirements of Naval Group. Naval Group has declined to answer questions on the funding issue — or indeed on virtually anything else — but is understood to have submitted, without success, a much-reduced figure to Canberra.” They did so on the 22nd of May 2021 (at https://www.theaustralian.com.au/special-reports/funding-threat-hangs-over-future-submarine-program/news-story/827aef23757bef95adc822d7acd696ec), Australia and Submarine give us 74 million hits and we needed to get to page 16 of that search to get this information. Whilst a lot are ‘hiding’ behind “cost over-runs, delays and design changes” it was the Australian that gives us the “at least 50 per cent higher” that is not parts of a glass of wine, that is the entire barrel when you considered that the meek estimate of an annual $3bn was offered. I feel certain that political income trimming will not produce the missing one billion and short change. So what gives?

I do understand that I need to be careful, mostly because this is not my field of expertise. Most of my Submarine knowledge comes from Operation Petticoat (Cary Grant, Toni Curtis), The hunt for Red October (Sean Connery) and Silent Hunter (EA Games). They are not the same, and I do fully realise that. We could hope for the involvement of Paul McCartney and if he gets involved we can paint those 12 beasts yellow, but still, not a real solution, is it?

Oh, and for the reality of it all China has at present 74 submarines, so our chances are not great, they also allegedly have a much better fifth generation fighter (Chengdu J-20), so are we out to rumble or show our teeth? In this we are about to order a set of teeth for the price of $75,000,000,000 so we better get it right, being in a nation with 25,000,000 people, it is not an invoice we should be happy about, I get it, it might be an essential one, but that does not mean we need to be happy. 

The thin ice is a dangerous place, it is more than ice that is seemingly missing layers of stability, there is dangerous waters below and even if it is not deep, the hypothermia can be equally deadly as is the deepest ocean. This thin ice we face also hides stuff. It hides stakeholders who decide what we can hear and what we should not be allowed to hear and the media is at fault. Hiding too much for too many, the stakeholders are the media uncontrolled and unregistered set of lobbyists who shape the story we are allowed to see and if fake media wasn’t dangerous enough, filtered information bringers (like breakfast shows) add to the danger, add to keeping us uninformed. I agree with campsite leaders (Mike Burgess, Richard Moore, and William J. Burns) we do not need to know all, I have no problems with that, but they do not respond to stakeholders, the stakeholders are in it for corporate executives and boards of directors, they do not get to dictate us anything. What these people get away with is close to unacceptable and when they dictate our budgets and defence to us, I shiver and I do get worried and a little scared. And the media is helping them!

So we have a few issues, apart from the US Military construction follies, we have a new stage where we become a buffer opposing Chinese acts. I think that the utter lack of working actions by the UN against the Uygurs is part of this, the blatantly evidentially unsupported actions against a firm like Huawei is another. I see in part the accusation against Huawei and the entire NATO collection of jesters have NEVER given clear evidence on how they are a threat. You think it does not matter, but it does. A market where lazy people want to make claims so that they can get some coins whilst they slept through the motion is an invalid act and that needs to be said. It is a clear setting. Corporate executives used (as I personally see it) stupid politicians so that they could steal work orders and sales. A market that they are still likely to lose comes from sitting on your hands. This taints the China setting, and these stakeholders know this. 

If we were to investigate the US national 5G environment, we would learn that 5G at 4G LTE speed is not really 5G. Canada, South Korea and Saudi Arabia have a much better handle on that. 

So let’s make sure that OUR National defence is properly set up. Are nuclear submarines the wrong choice? I do not know, I believe that nuclear powered systems have a space and when you see what needs to be done to keep a diesel submarine fed over 3-4 years, a decent case for Nuclear submarines can be made. And let’s make sure the people understand that a nuclear submarine does not mean its weapons are nuclear. I get the distinct feeling that too many people do not realise that. A nuclear submarine means a nuclear powered submarine and we need to see the difference. If that takes away coins from Saudi Arabia, then so be it. We are not here to pay for the existence of Aramco (or Saudi Aramco as it is often referred to). 

Yet underneath it all, I recognise that I am on thin ice. I am not an expert on submarines, or an expert on far east tactics. I do however feel that we all have been watching disjointed parts of information because that is what the bosses of stakeholders seemingly want, We merely need to find out who the stakeholders are and who they report to. If you doubt me, consider the actual news sources, the actual news given and the complete news and wonder what was missing from a lot of them (not all) and also realise that a news article cannot give EVERYTHING, but some parts should not have been missed. Should you doubt that, consider a look into Litecoin and how we are now seeing more and more “the Litecoin creator also said that not much can be done by the Litecoin Foundation about bad actors spreading fake news”, as well as “According to the fake press release on Monday (September 13, 2021)”, a pump and dump action involving BILLIONS implies orchestration, so why is the FBI not all over that? Why is the news smothering events there too? This was not some prank, this got past EVERY filter and check of Canadian Global News until it was way too late. So what happens when it is not merely a multi billion hustle, but what happens when it impacts the national security of more than one nation? Consider that when you walk the thin ice too, the thin ice is dangerous because the weaknesses are below the ice and  below that is water, and often you do not know how cold or how much water there is.

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The accusations begin

The BBC (and a few others) give visibility to a danger that has been around for some time. Yes, they alert us to what is happening and the BBC is not to blame. Yet when we see ‘Fake Walmart news release claimed it would accept cryptocurrency’ (at https://www.bbc.com/news/technology-58545944) we need to wonder about a few things. It might be “The release, published through a legitimate press channel, claimed that Walmart would accept the currency through all its digital stores. Walmart later told US media outlets the announcement was “inauthentic”. By that time, several major news websites and press agencies had spread the supposed news. It is not clear how the announcement made it on to Global Newswire, a service widely used to distribute press material from companies.” And it is an important side. I merely wonder how soon we will get some carefully phrased denial spiced with “there was a miscommunication”, I  will have questions on how thorough the investigation will be, which stakeholders were involved and how Global Newswire got the news in the first place. 

As I expected for some time, there is a larger flaw on vetting information and who is allowed to vet it all. At some point a situation was created where a group of people made $50 per coin where no profit existed and even as we get loud claims on a few sides I expect that nothing will come from it, the exploitation stage is set and it is high time that the media gets a massive overhaul. Even now we can find the Google search on global News, but the link no longer works. Not a clear retraction, the article was merely removed, as I personally see it a stage of manipulation. Over the 17 hours, we see no news on WHO delivered that news to Global News, we see no news (from anyone) on HOW it was delivered. 

I get additional questions when I see ‘Litecoin back to the drawing board as LTC rally culminates’ (at https://www.fxstreet.com/cryptocurrencies/news/litecoin-back-to-the-drawing-board-as-ltc-rally-culminates-202108261526) we also get “On August 16 and again on August 23, Litecoin (LTC) tried to reach the 200-day Simple Moving Average (SMA). Both tests failed and what followed each time was a quick reversal”, as well as “A return to the bandwidth between $135 and $156 looks like the sanest move to attract buyers again” a simple search gave me this info and in this we see a setting where SOMEONE spiced it with fake news. In all this there was no vetting of any decent kind. As I was able to find what I found within 5 minutes, yet Global News spread the news. So whilst the BBC gives us “It is not clear who was behind the fake release, or how they managed to publish it.” It seems clear that Global News needs to get ready for some serious FBI investigations, it might be a Canadian news station and it will go via the Royal Canadian Mounted Police and optionally the CSIS will get involved, but the FBI will take the US side and neither of the three will be played for as fool. The FBI has no real choice in the matter. This is merely part of the larger stage that real media lacks the same credibility that fake news has and that is important, as it will change the stage of News agencies everywhere. When the news becomes nothing more than an exploitation tool the entire Litecoin issue will not be the only one and it will not be the last one. And in all this, there will be a seperate stage for the connected stakeholders. 

And it will not end there, we can accept that Global News acted in good faith, and we can accept that. But it also means that Global News will have to dig deep into its bowels and find out how this was possible in the first place. There are also more questions that Walmart has to answer, yet I wonder if it will get us anywhere. From all parties Global News is the first station of investigation, and I wonder how much interference some parties will throw up and that might be seen in the media over the next few days and that will lead to several questions, none of them good.

 

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Is it a rerun?

We have all seen reruns, some are pleasant. There is the rerun of Charmed (three gorgeous women who can put a spell on you), there is the rerun of Gilmore Girls (two generations of flaky women in the best of times), we see another rerun of the X-Files, Star Trek, Gunsmoke, Will & Grace, the list goes on and for the most we do not mind that these series have reruns, some were great, plenty were fun and a few are merely guilty pleasure. Yet how to react when we are confronted with a rerun of the sex acts of Jeffrey Epstein, a rerun with new and different girls now?

ABC is giving a partially different story. They give us: “According to an indictment, Mr Epstein arranged for girls under the age of 18 to perform nude “massages” and other sex acts for him in his New York and Florida homes, and paid some girls to recruit others, from at least 2002 to 2005. Mr Epstein had faced similar charges in 2007, but negotiated a deal to avoid federal prosecution and plead guilty to a single Florida state prostitution charge“, I actually covered this in my article ‘As we judge morality‘ on January 7th 2015 (at https://lawlordtobe.com/2015/01/07/as-we-judge-morality/), as well as ‘That what is ignored‘ on January 25th 2015 (at https://lawlordtobe.com/2015/01/25/that-what-is-ignored/), I even added the Palm Beach Police Department Probable Cause Affidavit in PDF form.

Now, we all have rights, and it seems that the rich have more rights, so the idea that (according to SBS News) ‘Jeffrey Epstein applies for house arrest over underage sex trafficking charges‘, an optional rapist and child molester gets to live in a golden cage on a space up to 15000 square feet, living the good life for the crimes that he is accused of is a little too rich for my blood. He might have the best lawyers when we see the quote: “Epstein’s lawyers argued home confinement, along with electronic monitoring, surveillance and a bond secured by a mortgage on his $US77 million ($A110 million) Manhattan mansion would be enough to ensure that he does not flee the country“, yet I do not agree. A man who was until recently labelled a billionaire, so to consider a person with well over 1,200 million not a flight risk when he optionally sacrifices 8.3% of his fortune to avoid 45 years in prison makes him very much a flight risk. I will do you one better, his lawyer, if he flees must spend 10% of that jail time in prison and forfeits his bar admittance when he does flee. How does that sound? Will his lawyer stand by his defence at that point? I actually doubt that. We can argue that it is not fair on the lawyer, but when we hear the lawyer state that he is not a flight risk, is it fair to hold his lawyer to account when he does? Is it really that unfair an expectation to have?

I already had a lot of issues with the 13 months he spend in 2008, even as there was a clear stage of sexual offense against a minor, so the issue is twofold, not only did we clear the Catholic priests, but we are going to clear Wall Street financiers too? How does that go over with you?

Initially I was in a stage where the law could not double dip, the case was closed, yet ABC gives us: “Prosecutors said Mr Epstein paid $US 100,000 in November to a person identified in his 2007 non-prosecution agreement as a possible co-conspirator. They said he paid $US 250,000 in December to another person identified in the agreement as a possible co-conspirator and employee“, it implies (implies not proves) that the case was a lot larger than first seen, so this is a renewed investigation. Even as the ruling of the house arrest is a little over 27 hours away, I believe that there is a lot more coming to the wires. When we revisit the parts I had, now by Global News Canada, we get: “In 2008, Epstein pleaded guilty in Florida to state charges of soliciting a minor for prostitution under an agreement that required him to spend 13 months in jail and register as a sex offender. The agreement has been widely criticized for secretly ending a federal sex abuse investigation involving at least 40 teenage girls at the time that could have landed him behind bars for life“, the issue of 40 girls was unknown, I know that there were several, but not 40, as such if that number is proven we need to investigate the entire court matter, as well as the judge on how this person got only 13 months initially. It is nothing less than a complete travesty of justice. So even as we see that there was an agreement in one state, there are another 51 states that can have a go at him and the state of New York has decided to do just that. This gets us back to the SBS article and then too we can agree that we have to oppose “Epstein would nonetheless agree to be fitted with an electronic ankle bracelet, surrender his passport and de-register his private jet as conditions of his house arrest” a person with that many millions does not need a passport and hand over the keys of his jet, a person like that has loads of options on the side, he remains a flight risk, especially as he used to be so privileges with allotments a thousand times what the average person will ever have, the idea to spend the rest of his life in a room that is 7 feet by 12 feet is enough to forsake well over 75% of his well over 1200 million value, whatever he has left would be enough to have a decent life anywhere on the planet. Yes, this man remains a flight risk. It gets to be even worse that the lack of exposure he had in 2008 is no longer an option now. The people are angry and they will watch the media like a hawk, so the media has everything to lose by leaving this issue alone. Those who go soft will see a much larger impact, and as such they are all out for blood now.

So as the Insider gives us: “The FBI prepared a 53-page indictment against Epstein, but his lawyers instead started plea negotiations with Alexander Acosta, then the US District Attorney for the Southern District of Florida“, we see that his lawyers used whatever they could to stop the FBI indictment, and it goes beyond that. When we consider the Trump links and the fact that the person (Alexander Acosta) who was the US DA of Southern Florida is now United States Secretary of Labor, I wonder if this is all merely a coincidence and an actual prosecution, or whether this is something more. When we consider the quote: “The prosecutors had identified 36 victims of Epstein, most of them having no prior knowledge of the agreement and no opportunity to give input. The deal has been the subject of criticism by the Miami Herald and others“, we see an optional Republican perversion of justice, one so disgusting that we might open the floor to the debate whether a person like Alexander Acosta should be accepted in any public office ever. An optional stage where 36 victims, several regarded then to be minors were just left to their own devices. Can we argue that if any of those victims were the children of Alexander Acosta, would Epstein be walking free after 13 months? That is fair enough a question too, is it not?

And the plot does not stop here, if the reports from Global News Canada are to be believed, we are given the optional fact that Epstein’s New Mexico ranch not named in latest indictment despite older court records alleging abuse at compound. So we see another stage where a place of sexual transgression is not in the cards for prosecution, why is that? I for one do not understand why the FBI was taken out of the equation by Alexander Acosta. We have a clear setting of locations that Epstein owned in three states, making it a clear FBI case, there are alleged transgressions in at least two of them (I use alleged as this is about accepted evidence in court), as such this should have been the top issue for the FBI to a much larger extent. And when we look deeper into the New York Times, we see that they incriminate themselves to a much larger degree. With the quote: ““I’m not a sexual predator, I’m an ‘offender,’ Mr. Epstein told The New York Post in 2011. “It’s the difference between a murderer and a person who steals a bagel.” Ms. Siegal recalled, “He said he’d served his time and assured me that he changed his ways.”” it is if the stage is correctly set. The article refers to Peggy Siegal, an A-lister event organiser, the fact that a person like this is left in the dark on one of her ‘highly regarded guests’ makes for a more concerning stage. If it is true that there is an implied lack of scrutiny and the stage of her events are merely the level of the bank account, we see that there is a chance that she would throw a party and that an unsuspecting guest would be exposed to people like Jean-Claude “Baby Doc” Duvalier, Manuel Noriega, General Sani Abacha, and so on. How good would you feel at a party like that? When we consider this, we see that there has been a much larger cape of protection around Jeffrey Epstein and that should worry us all. We could have argued to some extent that this was a mistake, yet when we see that a certain Secretary of Labor left a large bulk of 36 victims away from consideration, we see a much larger danger, there is no Justice, not when the rich and famous can avoid prosecution to this degree.

I wonder how a person like Peggy Siegal will defend her next A-list event, I wonder how any A-lister feels about mingling with predators, murderers and dictators, do they like their life to be that spicy and non-discriminatory? So in addition, to those who are not considered an A-lister, when a person like Jeffrey Epstein was one: Chadwick Boseman, James McAvoy, Jason Bateman, Cara Delevingne, Zoë Kravitz and Karen Gillan. Just a few names that are at present (as far as I was able to find), not officially set as A-lister. It does not matter whether they want to be one or not, the stage is that they are a dozen times more worthy as social role model than a person like Jeffrey Epstein is and that matters, it changes the view.

Now, I still accept that he is innocent until proven guilty, but he admitted to events in the past and now that we see that the accusations were optionally ten times worse, we see a shift in what we accept and find acceptable. I reckon that the next two weeks will be a lot more pressing for America than they comprehend, after the entire Catholic scandal; people are a lot less accepting of certain acts. The nice part is that the world is full of fathers and mothers, the idea that children, dozens of children might have included one of their children is making them really angry and well over 120 million parents are in the US, so whatever the law does, they better take a long hard look at themselves of whatever deal they make, I feel certain that the parents of America will not see it in that light. It also calls for a larger investigation on what was done in the past and there is a larger stage of the acts of some that might now be seen as totally unacceptable. I also wonder whether the FBI has looked into the 36 victims and whether they have all been interviewed by the FBI on the matter of what was avoided the last time around by a certain District Attorney. When we see politicians claim that these people need to be beyond clean, I wonder how many people have just endangered their own careers by allowing one DA make one person get away with proverbial murder.

Yet in addition to what I wrote earlier, only 5 minutes ago, 7 News Boston gives me ‘Jeffrey Epstein’s New Mexico ranch linked to investigation‘, it also gives us that Labor Secretary Alexander Acosta is stepping down amid the tumult over his handling of the 2008 deal with Epstein. It seems that the proverbial rats are fleeing the ship as fast as they can, it seems a harsh expression, but I always had an issue with the mere 13 months, now we see that a stage like this can impact to a much larger degree and I personally believe that this is a good thing, even as I personally believe that this case was set to such high visibility to impact the Republican party to the largest degree possible, we can all agree that several steps to ‘protect’ Jeffrey Epstein to the degree he was should never have been done, or openly be seen as acceptable. Yet I feel it is only fair to give view to the setting as Acosta gives it (in the New York Post), there we see: “Acosta said that as the US attorney in Florida more than a decade ago, he decided to offer Epstein a sweetheart no-prosecution deal on federal charges because state prosecutors were supposedly ready to let him walk free”, that is an important view too. If he can prove this, than there is a much larger issue, yet we were also given that a lot of the victims were not heard, so there is still that to account for. No matter how we slice this, this event and the event to those involved in all this from 2007 onward is far from over. A case that disgusts the bulk of people and it took 12 years to get it all to the stage it is today at, the law failed to too large a degree as I personally see it.

So this case will linger a lot longer than we initially thought, I can’t wait to see the bail hearing and to hear what the judge decides in this case.

 

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