Tag Archives: Greece

When a Newspaper gets it wrong

We’ve all had these moments. We have a preference in things we do, I look at the Guardian in the morning, and at times I check out the tabloids (front pages and in one case page 3 as well). Yet I keep the Guardian as my main source to work with. So I was slightly miffed when I spotted ‘EU fears influx of ‘British champagne’ once Brexit ends food naming rules‘, which is utter baloney (read: bullshit)! The United Kingdom is still bound in laws, in this case it means that Trade Marks are still protected and ‘British champagne’ is not ever going to be an option and any Trade Marks office in the UK initially passing such a request might get itself invited to a mandatory meeting with the Professional Standards Board. I now feel that at this point, that my concern becomes that the writer Daniel Boffey has no clue! So (at https://www.theguardian.com/business/2017/feb/15/eu-fears-influx-of-british-champagne-once-brexit-ends-food-naming-rules) we see “The European Union is concerned that British companies could violate protections given to the names of thousands of European products – such as Parma ham and Champagne“, these two examples Parma Ham as well a Champagne has been clearly settled, so that will not ever be allowed. This is something that can be set in stone as the United Kingdom joined WIPO in 1970. The UK uses Trade Marks Act 1994, where we see this part. The Trade Marks Act discusses in section 3 reasons that are an ‘Absolute grounds for refusal of registration‘, with in section 3(1)(c) we see: “Trade Marks which consist exclusively of signs or indications which may serve, in trade, to designate the kind, quality, quantity, intended purpose, value, geographical origin, the time of production of goods or of rendering of services, or other characteristics of goods or services“, as Parma (Ham) and Champagne are regarded as ‘geographical origin’ the examples are faulty. So what is Daniel Boffey? An editor who did not prepare his work? Or is he another anti Brexit fear mongerer with a need to rile the people for his own personal needs? I actually do not know, but it is clear that (as I personally see it), that Daniel did not talk to any Trade Marks Attorneys. Even a quick call to Intellectual Property Office (at https://www.gov.uk/government/organisations/intellectual-property-office), or just look at the website and lodge a question would have answered the part that is (again as I personal see it) a blight on the good frame of the Guardian. The articles linked to his name ‘Brexit transitional deal will lock UK into EU court, says Verhofstadt‘, ‘Northern Ireland peace at risk because of Brexit, says Bertie Ahern‘, as well as ‘Britons living in the EU face Brexit backlash, leaked paper warns‘ gives indication that he is very much against the Brexit. Now, I have no problem with those against Brexit, because that was a valid choice of the minority. In addition, they are not swayed yet and they might never be swayed, yet the issue I see here as an Attorney is that the UK has clearly accepted IP laws and leaving the EU will not change the accords that the UK agreed to as a signatory of WIPO. So when I see “The question of what will happen to EU GIs after the withdrawal of the UK is a difficult one” I get the clear indication that the Guardian editor is in cahoots with the European parliament’s agriculture committee on spreading misinformation. In addition, I think he is actually making a case for Brexit, as it now shows that those people in the European parliament’s agriculture committee might be regarded as overpaid incompetent individuals that should be fired immediately, because there is a clear IP setting in place and as such, just by reading the Trade Marks Act 1994, Contacting the UK Intellectual Property Office, or contacting WIPO, this mere fact could have been cleared up in 15 minutes. An alternative is the WTO (at https://www.wto.org/english/tratop_e/trips_e/gi_background_e.htm), which shows these issues clearly resolved as well. The WTO also gives us “The United Kingdom has been a WTO member since 1 January 1995 and a member of GATT since 1 January 1948. It is a member State of the European Union (more info). All EU member States are WTO members, as is the EU (until 30 November 2009 known officially in the WTO as the European Communities for legal reasons) in its own right”.

It seems to me that the EU gravy train on knowing as little as possible so that many meetings in 5 star locations could be held, which sounds like a massive waste of funds. Finding these facts took almost 10 minutes, so why are these EU members posturing on ignorance?

So the quote “If no arrangements to another effect are made, the protection afforded by the above-mentioned legislation would normally cease to apply in the UK, which means that over a thousand European registered names could be exposed to violation in this neighbouring country” is in equal measure a load of bollocks (for those unaware of the terms, they are the two elements positioned between the legs of a man), and if you are at this point still getting a blank, feel free to call Jim Davidson (the famous UK comedian) and ask him about a historical law enforcement agent (somewhere between 1068 until 1568), the name of that person was Big Dick Dangling, Sheriff of Nottingham Forest.

So there is a clarity that this is a non-issue, as the Trade Marks Act 1994 would remain in force after the UK becomes the Brexiteer, so as such I think that Katharine Viner (editor in Chief) needs to urgently call her Brussels office, especially as the non-issue is painted in such an obscure way that hiding behind “A document from the European parliament’s agriculture committee, which is advising the chamber’s leaders on the Brexit negotiations” is just too unacceptable, no matter how true that is, especially as the editor is now playing political suicide as he is stating “The document drawn up by MEPs warns: “In the hypothesis where the UK, as a third country, would enter into a new relationship with the EU27 based on a free trade agreement it would be important therefore to include a mutual recognition of GIs in such an agreement on the model.”“, which is  as I see it the hidden message. The ‘would enter into a new relationship with the EU27 based on a free trade agreement‘ is not for him to state, quote or comment on, especially as the bare minimum of the article is grossly misrepresented. Actually he could have quoted it, but I personally believe he fell short by a lot on elements like diligence in this article. In pursuit of the previous statement, we see the quote “The MEPs suggest the UK will need to maintain EU standards during any transitional period before a free trade agreement can be struck“, in that, can we get in writing that this includes equestrian beef burgers from Romania? There is light in the end of the tunnel as we see “the MEPs appear to take solace in the suggestion that the British government will be unable to take advantage of third countries seeking other options” with the supported follow up quote “One may wonder, in particular, whether the UK will have the sheer capacity to handle so many urgent trade negotiations in parallel with a national administration which has lost the experience and knowhow of such negotiations since the mid-1970s“, which sounds funny and in in fact hilarious, because in the first, the UK has been involved with trade negotiations on a global scale and in the end, it is the 27 nations that will be chomping at the bit to get a deal for their deliveries towards 68 million consumers. And if anyone thinks that 23 of these nations (who are smaller than the UK) will walk away from a customer base that represented 12% of the entire EU than those claiming that can apply for the function of Mad Hatter!

And as for the Chlorinated Chicken, that issue has been going on since 2014, which does not mean that the deal is null and void, or that it is not an issue, but at present, especially when we see the application of the word ‘if‘ we know that this is currently not the case and there is no clear indication that this will change, as such it remains a non-issue, because whatever the UK imports, if the EU does not allow for it, it stays within the UK, making it a non-issue for the export and the EU will not be affected as it has these limits in place. And in that regard, did these same MEP’s stop the issue of equestrian burgers yet?

Listen, there will be issues in the Brexit time, some will be complex and will require time to solve, anyone stating that this is not the case is lying to you, but to see articles that are a travesty of common sense, a case that could have been verified by any Guardian intern in Brussels with a few calls begs to consider what Daniel Boffey is doing. From my point of view he is not reporting, he is merely what some call a Reuters copy and paste user, which makes him very overpaid and replacing him with previous suggested intern might not be the worst thing to do.

The Guardian is not alone here, the amount of timewasting we see from the mirror, the Daily mail and the Daily online is far worse, but those places are not to be regarded as newspapers, so there is a difference. We see issues in the Independent as well, but one of a different kind. There Ben Chapman (at http://www.independent.co.uk/news/business/news/brexit-britain-must-be-made-worse-off-after-leaving-eu-says-austrian-chancellor-christian-kern-a7578206.html) writes on the Austrian Chancellor and his views. The subtitle gives an interesting and non-invalid view ‘A member of a club must have better conditions than somebody who isn’t a member of this club‘, which is actually a decent way to put it. Yet, what the chancellor is not stating is that this club has failed. Some of its members has not been able to keep up and in response to failed economic numbers the club decided to pump in cash, two rotations of well over a trillion each and the club members need to pay up, even as all members know that it was not a solution. This is regarded as irresponsible acting and this so called club has failed its members by not setting a proper charter for misbehaving members (Greece) as well as a failed system regarding the acts of its executive members (Mario Draghi). Part of that we saw in last weeks The Week (at http://theweek.com/articles/679060/european-central-bank-about-something-stupid), as we read “when it kicked off a quantitative easing (QE) program worth $60 billion a month. In plain English, that means the ECB started creating a bunch of euros out of thin air and using them to buy up various financial assets. In March 2016, it kicked things up a notch, to $80 billion in purchases a month“, which was one of the issues I had. In addition, how anyone can see ‘creating a bunch of euros out of thin air‘ and ‘buy up various financial assets‘ seems so odd as it is not money that is supported by any gold reserve or at lease set against something of value. This doesn’t just read like a Parker Brothers monopoly heist, basically Draghi is buying stuff that is then paid for and is given to? To whom exactly? It almost reads like a derivative nightmare, Mr Blotto buys a lemon and goes bust. He sells this lemon to Draghi for the initial value and he walks away smiling again, whilst Draghi is buying lemons in stacks of 80 billion a month. So who owns the lemon? And where is that 80 billion coming from? Some people forget that if we add (for example) 2 trillion to our 10 trillion, the value of our 10 trillion would now be 10/12 trillion, implying our value decreased by 17% (because against the pound and the dollar it did), but now we get the small complication, Sweden is still using the SEK, the UK has the Pound, so there is an impact there too. That is the part the Draghi elites (financial captain and his minions) seem to ignore. There is an impact on our values, and that decrease is actually increasing faster and faster, especially as there is no improvement in sight.

In this we saw the growth and the actual move towards Brexit, yet at present as the smaller nations are realising (Austria) that they are merely less than 2% of that group and the impact of the exiting nations is seen, Austria is now facing a very mental breakdown. Because it sees the dangers it faces. Austria has a 67% services industry and whilst that is not great, it is not the worst either. The changes that they are now facing might negatively impact their economic value, in addition, the speech the chancellor gave was nice on a European value, the fact that the top 6 of its main export partners does not include the UK, and neither does the top 5 import list, so his club speech sounds nice but is now laced with the emotion of ‘I am taking whatever the UK loses whenever possible‘ gives rise to his reasoning of the club mentality, in addition European Commission President Jean-Claude Juncker gives us “Do the Hungarians and the Poles want exactly the same thing as the Germans and the French? I have serious doubts“, which is fair enough, yet at the same time we see “and the endgame is that there is no united European front“, which is a realisation that is long overdue, that was a given for the longest of time and the economic posts have been somewhat clear on that. That part is also clear in France where Emmanuel Macron has joined Marine Le Pen by adding the Eurozone membership on the agenda. Which now means that out of the three most likely to win the French election, only François Fillon seems to voice a continuation of France within the Eurozone. As such there is no guarantee that the Eurozone loses France, but only if François Fillon beats both Macron and Le Pen, a feat that is not impossible, but for now decently unlikely. That will be known on 23rd April 2017, when the 1st round of the 2017 French presidential election will be held. Perhaps it would be nice that Daniel Boffey realises that the French will not walk away with a French version of the West Country Farmhouse Cheddar and in equal measure Champagne will still be French, also after both have left the Eurozone, it will not be possible for Either to claim ownership of the Trade Mark ‘Edam Cheese’ as it is a Dutch Trade Mark.

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As the costs come

There is an issue that we see floating at Pressnet. Actually it’s an issue that started last week. I got the news from Retail Week (at https://www.retail-week.com/companies/bhs/bhs-admin-costs-spiral-as-mps-demand-answers/7017777.article), yet it came from several directions, so there is ample visibility. Yet, what is going on? This is an important part and even as there is great benefit to anyone’s soul to blame PwC for this, yet is that fair? The question becomes, is it in the books? When we look at the previous audits, was the quote “BHS administration costs have come in at £1.3m more than expected as MPs question a £35m ‘floating charge’ paid by Arcadia” a fair question? In all this, are these floating costs in the books? I actually do not know, yet I equally question why certain parties aren’t openly asking these questions at the PwC desk. Is that not equally odd?

The two quotes that matter are “If it was such a completely standard move, as Duff & Phelps claim, one wonders why it was reversed by the co-administrators as one of their first acts upon being appointed, and why the PPF seems to take a rather different view.” and “Meanwhile, Field questioned the transference of a “floating charge”, put in place at BHS by Green’s Arcadia Group. Duff & Phelps transferred the charge to Linklaters last October“, this now gives us the parts:

  1. If we accept the bankruptcy announcements of April 2016, how come that this is done in October 2016?
  2. If we accept that a floating charge is ‘a liability to a creditor which relates to the company’s assets as a whole‘, than the part that this is a credit to the Arcadia group should be in the books, and should have been in there for some time I gather, so why are there no questions asked at the address of PwC, in addition, why are MP’s not asking certain questions from Linklaters? Now, we should accept that Linklaters cannot divulge too much (read: any) information, yet when this was all set up could be seen as mere administration and that needs to be logged, which means that either Arcadia or BHS could release that information, if they choose not to do that, the question that follows should be a lot more serious and we need to wonder what else is in play.
  3. When we look at the quote “If it was such a completely standard move, as Duff & Phelps claim, one wonders why it was reversed by the co-administrators as one of their first acts upon being appointed, and why the PPF seems to take a rather different view“. In that I look at another issue, the quote found in Professional Pensions gives us “A spokesman for FRP Advisory declined to comment, adding all that needs to be said is covered in creditor reports“, yet if it is there, should it not also be in the accountancy audit? That is an assumption from my side, and I could be wrong, yet the amount of £35m moved via Linklater in April 2016, if none of the audits has this on paper, questions should be asked, if it is there, questions should still be asked, yet it seems that questions are asked in such a late stage. In all this, City A.M. gives us: “Tension has been building between the PPF and Duff & Phelps throughout the administrative process. In November, the PPF voted against Duff & Phelps’ request to increase its fee. Malcolm Weir, head of restructuring at the PPF, said BHS pension scheme members deserved “value for money”“, which sounds fair enough, yet in all this, even if Arcadia hasn’t received the funds at present, the fact that we see “The £35m was never paid to Arcadia. It was always held in an account to our order. Our legal advisers have confirmed that the floating charge is valid. However, I understand that the liquidators and their legal advisers have made comments concerning its validity, but, I nor my legal advisers, have received any evidence to support their view.” In that regard, we now see that legal advisors are on opposite sides and both sides claim their version of validity, as legal advisors would. This is not in question at present, what is interesting is that the media at large have not included PwC in any of this, as they have been seen as the auditor of BHS. Oh, and there was a reason for me mentioning: “if none of the audits has this on paper, questions should be asked”, be aware that I have no experience on corporate taxation. However, would it not make sense that a £35m invoice would impact next year’s taxation significantly and as such, should it not be mentioned?

In this let me take you back to the previous article, where I discussed the Financial Times (at https://www.ft.com/content/4c3965f2-3c4e-11e6-9f2c-36b487ebd80a). Here we see “The Financial Reporting Council said its investigation related to PwC’s audit of BHS accounts in the year before the retailer was sold by Sir Philip Green’s Arcadia Group, in a deal that wrote off £215m of debts“, which is fair enough. In addition we see “At a committee session in May, PwC partner Steve Denison was asked by MPs to explain why the firm was prepared to sign off BHS as a “going concern” just days before its sale for £1“, which is fine too, yet where in all this is the £35m transfer to Linklater for the Arcadia group? If Duff & Phelps took control in April, would the accountant not have been aware of the thirty-five million, as such should PwC have been aware? (Read: not implied, yet questioned).

Let’s not forget that the Financial Times article was from June 27th, which means that the £35m should have been on many minds at that time, yet for the longest time there was little to no mention. I would think that if a firm is sold for the price of a mere Tesco Sliced Wholemeal Batch Loaf, would a question not be ‘What else needs to be paid for?‘ at that point the entire £35m transfer should be on the top of everyone’s mind, especially as there was a decadent pension gap issue many times that size? Perhaps it is just me, but that would be on my ‘media’ mind. Not just the actual newspapers, a few other publications (like TV and morning shows) would have had a field day with the mention that pensions will remain short, but the bosses will get squared for that thirty-five million. Emotions would be running high that day, let me guarantee you that emotions will run high on that topic!

In that regard, some MP’s are starting to ask additional questions as we see a fees increase £500,000 for Duff & Phelps’s. I wonder how many additional man years of work have been spent that warrants a £500K increase. The week gave the quote: “When they were appointed last April, initially at the behest of Green and then approved by the BHS board, the company estimated its costs would be around £3.5m“, now I imagine that an insolvency comes with all kinds of complications, but how much work, how many months of full day activities warrants £3.5M? I do not know, I am merely asking, especially as the pensions have been for the most unpaid for years now. The site this is money gives additional connections in the shape of Goldman Sachs, where among the top earners at the investment bank’s London office will be the former co-chief Mike Sherwood, who faced questioning from MPs last year over the bank’s role in the BHS scandal. He landed a $21 million pay and bonus package last year, worth £15 million at the time (at http://www.thisismoney.co.uk/money/news/article-4120336/Now-bankers-bonus-Brexit-Goldman-staff-BHS-probe-donate-pension-fund-says-MP.html).

Now a lot of this news is between 1-2 weeks old and a few items are merely days old. Yet in all this we see a massive drain to less than a dozen people, where including Arcadia a syphoning through invoicing has surpassed £50M if we include the Arcadia bound payment, yet all is not well as several sources give large payments in their report, yet the exact part of what represents BHS is not given, but implied to be a large part. As such Mike Sherwood might have ended up with 21 million dollars, yet what part is though or because of BHS is not given, in his position, with his amount of accounts, the BHS part could be less than 1%, and as there is no clarity, the Week who gives us in addition “Huge payments to bankers who worked on the BHS deal could prove particularly controversial“, only if the bulk of these payments were regarding BHS, but that is not a given, I would add, it is exceptionally unlikely. By the way, those people did not really bother reporting that when Greece got back onto the markets In April 2014. In my article ‘Are we getting played?‘ (at https://lawlordtobe.com/2014/05/18/are-we-getting-played/), where we saw the disastrous act of Greece getting back on the bonds field selling 5 billion in bonds. Yet the media at large was very very eager not to mention that the few bankers connected to this ended up with a total bonus of $50 million for what amounts to 3 days of work. So on one side they refuse to give the info, now we see incorrect (or at least incomplete info), with a reference of 21 million, the package of Mike Sherwood.

Yet there is more, the part I find hilarious is “Frank Field MP, chairman of the Work and Pensions Select Committee which quizzed the Goldman bankers on the deal, said: ‘This gives them an ideal opportunity to donate something to the pension funds, to make partial amends for the failure to give effective advice“, you see in that, he didn’t make any such reference to PwC. Pricewaterhouse Coopers, has been seen on the minds of a few as we see (in the Telegraph of all places) “select committees have also said that they have welcomed the Financial Reporting Council’s investigation into why PwC audited BHS’s accounts as a going concern when it was evident the high street chain was dependent on support from Arcadia Group, Sir Philip’s empire which includes Topshop, Dorothy Perkins, Miss Selfridge and Burton” in that the red flags of pension deficits we see a £571m pension deficit and kindly audited by PwC, so who else are they auditing in the Empire that is (or was) part of Philip Green?

Yet in all this, at present there is, just like with Tesco very little noise regarding the Financial Reporting Council and PwC, it seems like the press walks away when these two are mentioned in one sentence. After June 2016 there is abysmal little to see, which after Tesco and BHS that should be a little weird. Even when we look at the BHS elements now, overall the Auditor is left unseen in more serious ways, other than that Tesco is now hiring PwC again for other services, which after the shortfall and the DeLoitte results is a little bit weird to say the least.

You see, last year Aditya Chakrabortty in an opinion piece wrote: “Cameron warned of “the slow-motion moral collapse that has taken place in parts of our country these past few generations”. He was right. It’s just that it’s been led by those at the top – the ones at the boardroom tables, their expensive helpers – and their mates and supporters in politics using taxpayer money to wave them on” is not a wrong view, it comes three years after I made pretty much the same claim, so we can see that some players are a little late to the party. What is linked that when it comes to the matters as happened with BHS, crime literally does pay. It does for the auditor, the business men who own the place and sell it for £1 as well as the politicians who threaten with a £1,000,000,000 fine which will never happen (that pesky thing called the law gets in the way). You see, for many of us and for the victims it is a crime, yet from a legislation point of view that is not certain and it seems that no crime took place, because the people are not in jail, not in the dock and not in court. They are refurbishing their £10 million estates, whilst the working victims cannot make ends meet and where the auditor gets rehired by those they seemingly wronged for even more high priced consultancy.

As the costs are handed to the corporations in the shape of invoices, we see that crime seems to pay and it does so at a lower tax bracket than normal incomes. It can be stopped, you could be on the other side of the equation. You only have to be willing to do the one thing others did not anticipate and you have to be willing to be utterly ruthless. Basically you have to become a businessman like Sir Philip Nigel Ross Green and hire and firm like Pricewaterhouse Coopers to advice on your endeavour and audit it.

 

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The rights of one person

Where does the rights of a person stand? Where do we draw the line of reason? These two questions came to mind when I saw the partial readable news in The Times with ‘Asbo woman fears eviction for moving bins‘ It could be seen that there is something amiss, but where does the problem lie? You see, when I was looking into Brexit dangers, the quote “A 61-year-old woman who has been warned about antisocial behaviour claims that she is facing eviction after neighbours made 15 complaints about her for “offences” including moving bins and supporting Brexit“, in addition we see:

  • Over the past seven years, Anne Maple has been sent eight antisocial behaviour notices by Lewisham council.
  • Three ordered her to stop interfering with dustbins.
  • She was warned against displaying “inflammatory” notices after putting pro-Brexit and Conservative election posters in her window.

In this my first response would be that Jim Dowd, the MP there wakes up and takes a personal look at this very case. In the first, is there a law against putting a conservative poster in her window? What kind of people are there in Lewisham to take such offense, Labour minded people perhaps? That is off course as long as there is no housing law against it, which would actually be a breach of the freedom of speech! Now, there is no case I can make against the dustbin issue as I have no idea what actually happened and to what degree. Yet the fact that this is about a 61 year old woman, who is actually making these complaints? In addition the fact that more than 3 anti-social notices were given by the council themselves, I think it is time for Jim Dowd to do a little less posturing, especially when sauce bottles are looking very distinctively different! Mr Dowd should actually take the morning to visit Ms Maple and have an actual conversation. That is, unless he is too busy posturing towards his next election. And the threat of eviction because a person was in favour of Brexit? Is that area filled with sore losers perhaps?

It is nice that The Times is stating that there have not been any conviction, yet these acts against Ms Maple could be seen as Psychic Assault. Perhaps the people making the registration, should inform those complaining that in light of the number of instances, that they could face the consequences of Psychic Assault (although the UK doesn’t really have proper protection in place), which is for now a little bit of an issue. Still the situation remains that the Lewisham Council seems to be no more than a convenient portal for harassment. (Read: taking offense to Brexit and Conservative posters pretty much qualifies), in addition, if no offense was given to Labour Posters in windows anywhere in Lewisham, it now becomes a council act of discrimination as I personally see it.

Yet, even as we see this, the Miss Maple case was not the one that this was going to be about, but it is actually closely related to the matter at hand. You see, the papers are full of deportation articles, it is the Barclay brothers spreading fear. Sir David Rowat Barclay and Sir Frederick Hugh Barclay own these papers, so I call them in charge, even as I know that Aidan Barclay is actually managing pretty much anything they have in the UK (several billions worth I might add). You see, Owen Bowcott at the Guardian stated it perfectly when we see “Mass deportations of the estimated 2.9 million EU nationals living in the UK would be impractical and they should not be used as a “bargaining chip” in Brexit negotiations, the government is being warned“, this is where I see this happen. Emotional reports and statements from Bremainers getting desperate that any alternative is null and void. First of all there is the Immigration Rules on Family and Private Life (HC 194), which the Home office has here: (attachment).

When we get to the best interests of the child, we see: “arrangements are in place to ensure immigration decisions are made having regard to the need to safeguard and promote the welfare of children who are in the UK“, now when I reflect that in regards to the Guardian article (at https://www.theguardian.com/politics/2016/dec/28/dutch-woman-with-two-british-children-told-to-leave-uk-after-24-years), where we see “A Dutch woman who has lived in the UK for 24 years, and has two children with her British husband, has been told by the Home Office that she should make arrangements to leave the country after she applied for citizenship after the EU referendum“, yet when we consider the Home office paper, the interest of her children and Section 55 of the Borders, Citizenship and Immigration Act 2009, where we see in section 55(6): “children means persons who are under the age of 18;“, both children fall into that category, we can argue that the Home office as presently interpreted failed in that assessment, in addition, that this family for 24 years have paid their taxation, have become a part of British society, it is there that we see the notifications from the Home Office seem to be either a careless failure or an intentional attempt to raise fear. I feel that no other direct impression remains. Even if we accept: “European citizens marrying Britons do not automatically qualify for UK citizenship under current rules“, the Borders, Citizenship and Immigration Act 2009 clearly provides in case of underage children which was applicable from the earliest moment on. We can also raise the issue that the 85-page application form for “permanent residency” will become an issue a few hundred thousand times more, so we can state that there will be a blooming business for immigration agents in the UK soon enough.

In all this the rights of one person are currently in danger because certain elements have been left out of too many media outlets for too long, we have forgotten where the media itself was. The Conversation gives us (at http://theconversation.com/hard-evidence-analysis-shows-extent-of-press-bias-towards-brexit-61106) a much clearer view, where we see the Bremain tainted side in blue and the UKF*ckOff (read: Brexit) in red. The fact that the Times is by far the most balanced one yet remains slightly Bremain is pretty awesome to some extent. In all this we all forget that as the least reputable sources (the Sun, Daily Mail and Daily Express) are more widely read and reaches a much larger audience. My view is not incorrect, yet massively incomplete. You should take a look at the Conversation article by David Deacon, Dominic Wring, Emily Harmer, James Stanyer and John Downey because it is an amazing piece of work, and nearly all of them professors (oh, whoop di do). The end result that we see is “when weightings for circulation are factored in, the fact that the highest circulating newspapers have tended to support Brexit means that the gap between the two positions widens into a substantial difference of 18% pro-Remain and 82% pro-Leave“, which is scary!

My reason for remaining ever so slightly in the Brexit field was not on any of those merits and it is perhaps the one part missing here, mainly because it is perhaps not part of the view these people looked at. My view grew based on the actions of others, the inactions of several others and the denial of even more people. The actions of Mario Draghi gave view that Bremain would be too dangerous. The invoice that he would instill on all would debilitate too many, making all mere slaves with implied false freedom. We all become the cogs of the engines of financial institutions and big business whilst the wealth is removed from the people more and more. Servitude to Wall Street! That would be the result and I never signed up for that and I know most Europeans have never signed up for that. In that regard, it is equally interesting how the spokesperson (Prime Minister Joseph Muscat of Malta) considers that “Britain should be made to answer to the European Court of Justice (ECJ) during the process in order to smooth the path for leaving“, it is my question to what regard. You see, the European Court of Justice has clearly intentionally skated away from the issue of a nation leaving for 2 decades. Mainly because no one believed it could ever happen and it is there where we see that the European Court of Justice (ECJ) has utterly failed! When we see “Any member state may decide to withdraw from the union in accordance with its own constitutional requirements”, checks and balances should have been put in place. Perhaps people remember on how ‘Grexit’ was such a big deal. Perhaps you all remember 2012 when people like Roubini stated that Grexit would be possible in 2013. So when I published the paper I found by Phoebus Athanassiou, stating that expulsion from the EU and the EMU wasn’t even legally possible (published in 2009), how betrayed did you feel? All in the media we were led like sheep, and as I saw it intentionally misinformed by those around us. Is it even a surprise that the UK wanted out? It might have started with Nigel Farage, but the issue has grown so much larger, all because the people in charge needed the gravy train to continue, the continuation of the wealthy demanding their Status Quo to remain to grow their fortunes. It is that foundation that is now very much in play. Even as this is all known, even as we have seen that the European exit must be voluntary, we see the BBC give us in June 2016 (at http://www.bbc.com/news/world-europe-36629145), the quote “the risk remains of Brexit precipitating the departure of Greece from the Eurozone and therefore possibly the EU“. At no point do I see the Greeks or the article state clearly that it must be voluntary, no legislation has been put in place ever since this started in 2012. Now we know that laws take a long time to set, but the effort regarding the trimming of the EU tree has been massively absent, why is that?

In all this we see that the rights of one person no longer seems to matter, which is weird because Common Law was clearly set to remain fair in that regard. Even for the most in Europe where civil law was key, the people had a fair amount of rights. Here now we see that the people remain uninformed, the media seems to be unable or unwilling to inform the people where their rights and what their rights are. It is my personal belief that the people are restoring a need for nationalism hoping that local laws will advocate a better level of informing the people, not tailoring to the needs of large global corporations. It sounds weird, yet this is what I believe to be the fear of many. The tax events on large corporations like Apple, Amazon, Google and IBM seem to be catalysts in all this. If you think that I am kidding in this matter, you should see “The discontent with legal tax avoidance, in the UK at least, is clear. A YouGov survey last year found that 59% of people think legally reducing your tax liability is wrong and make no distinction between evasion and avoidance“, which we got from Forbes in August last year (at http://www.forbes.com/sites/jaymcgregor/2016/08/31/apple-falls-victim-to-rapidly-changing-public-mood-around-tax-avoidance), this doesn’t just impact the branding, there are indicators that this also fueled the anger of Brexit voters. In addition, the 180 degree view that President Obama made in The Hague (2012) as he gave a speech on responsibility and then sent senior officials to oppose the tax reformation / tax accountability was no help here. So Brexiteers had a large stack of ammunition that they could hand to the people again and again. Misguiding and misinforming have been instrumental indicators in all this. There are too many sources to name, many are just mongering, yet a large amount came from reputable sources and Forbes has pointed out more than one issue in all this.

As I see it there is an abundance of work to do, some of it should have been addressed a long time ago. Even if I admit that I have not yet filled out my permanent residency papers for the UK, the fact that this is an 85 page booklet is still cause for concern. It is linked to the situation we saw earlier this week regarding the NHS, especially the Coventry ‘issue’. It has become clear that a logistical overhaul is needed in the UK. It is the hardest and most debilitating of overhauls, yet at present it could be seen as the most essential one. Consider the cost for civil servants having to get through 1,000,000 applications, which now implies that 850,000,000 pages get reviewed and decided upon. If a person is really focused and on the ball, that person will make an error once in every 50 pages, this now gives rise to the risk that every submission will have at least one error in its assessment. How efficient is that?

There are steps that can be taken to minimise this, yet it will cost in staff or technology and in both there is still the added flaw that items will be overlooked. That is the mere nature of the beast in all this. The application right of a person will be diminished, not on purpose and not with malice, but the danger is absolute and the scars that soul is left with is pretty much for a long time, perhaps even for life. How is any of it a solution?

In this we can argue that on the middle ground that automated residency is equally not an option, but the middle ground is not trotted on and that is where the solution is to be found, somewhere in the middle, which is turf that the polarised extremists (Brexiteers and Bremainers) are currently not looking, yet neither is the Home Office, or so it seems.

 

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When everyone is a winner

You have heard of these special schools? The school where everyone wins, no one has a bad grade and everyone is special. Yes, we are talking about the Eurozone, the one school where lessons are not learned, where those who posture (read: all) win a prize, or perhaps they fetch a price. What matters is that this social path does not get us anywhere.

You see, I am not some anti-social person, I understand that we can be compassionate, but I do have a problem when grown men, all making 7 figure incomes are given that level benefit of doubt. Mainly because I could do a better job for half the price. We see the first issue a few days ago when Wolfgang Schäuble makes the statement (source: the Guardian) “Greece must implement economic reforms if it is to keep its place in the Eurozone“, and when we see the degrees that this man has, we might consider that he is not a demented toddler, so when we consider the knowledge that we have obtained over the last year:

1. A nation can only voluntarily leave the Eurozone.
2. Considering the UK and the hassle it is facing just to get past article 50.
3. The fact that Grexit was not a possibility, which drove the UK towards Brexit and France towards Frexit.

Can we sincerely ask the question why this man is opening his mouth posturing some level of adulthood (or adultery for those with a sarcastic look at the EU charter), whilst all know that this is basically an empty statement?

So, if the statement “If Greece wants to stay in the euro, there is no way around it – in fact completely regardless of the debt level”, the entire Brexit could have been avoided when the children of the EEC commission had acted when they should have (read: all the way back in August 2014), so because the denied ‘status quo group‘ who tried to keep the gravy train going we all had enough and most Britons decided that going it alone is just the best solution, now that we see that this same group is realising what they are about to lose, it is only now that we see the first noises to make the hardest decisions, all because they are about to lose trillions. The fact that this comes from Germany is not a surprise and it isn’t linked to the hardship the Deutsche Bank faces. Yet, the people behind Schäuble (Wall Street and the IMF, which is my personal speculation), we now see desperate steering towards alternative solutions hoping to find an option to thwart Brexit and perhaps steer Frexit away from a referendum course. It might work, but we all need to realise that French pride has already been dented, so there is no way to accurately tell how that part will pan out.

We see a diversionary tactic in the quote “With his own popularity plummeting in the face of fury over creditor-mandated cutbacks, the prime minister, Alexis Tsipras, had hoped to wrap up a second review of policy measures in time for Monday’s meeting as part of a broader strategy to secure short-term debt relief and participation of Greek bonds in the European Central Bank’s quantitative easing programme“, yet this is all true. So why do I call it a diversion? You see, the players behind the screens are about to lose thousands of billions (read: trillions), so Greece and their 300 billion really do not add too much on the entirety of the big picture. Even as the US is heralding such huge achievements in unemployment figures, most will not realise that in February, after thanksgiving, after Christmas and after January sales, the shops will downsize by a lot. There is a lot of speculation on Black Sunday and the other shopping spree numbers, but as too many speculations are given here from too many sources, we actually will not know the actual outcome until mid-January and after that any action and all numbers will get quietly hushed to page 23 of newspapers. That is done because the Democrats really do not want anything in that regard to receive too much visibility until January 20th when all eyes will be on the start of the Blame Trump campaign.

What is a given is that the American administration is facing dire moments and their only fortune is that this impacts Wall Street, the IMF and the Rothschild’s, so their all uniting in finding any solution that keeps their Status Quo. They might not be related to the band, but the tour that these players have been preparing for will include hits like ‘Whatever I want‘, ‘Roll over stay down‘ and ‘Rocking for all that I own‘. Now, what is the link between the IMF and the Rothschild banks? Well, it is not what some conspiracy theorists states like: ‘Rothschild Bankers Looting Nations through World Bank/IMF‘ or ‘Hungary Becomes First European Country to Ban Rothschild Banks‘, what is of principle matter is the claim that ‘The International Monetary Fund is an international development banker. It makes loans to governments. It gets its funding from member governments‘. Yet, when you consider the debt these members are in, with the top 5 having a total debt that surpasses 35 trillion, can anyone explain where their money is actually coming from? The short answer is that the funds are fictive and virtual, and basically as I personally see it based on fraudulent economic settings to say the least; which now implies that only the larger (read: largest) players with the Rothschild family at the very top are included as behind the screen underwriters (for a percentage of course, they are not philanthropists), that is the reality of banking and those underwriters want to see their money. So at this point losing 300 billion is nowhere near the issue as losing an amount surpassing 5 trillion. So there is every issue in play and the German Wolfgang Schäuble is doing the ‘kick off’ whilst everyone is slightly less interested in economy and more into the Christmas parties with the office assistant in a horny accommodating outfit that in the mind would include transparent Red Santa lingerie, willing to engage in activities of a ménage-a-troy kind.

Welcome to the holiday season they will think, whilst on the other side the economy is decided for the largest players in a setting of debt by those not elected but enabled. The mere consequence of governments and the corporate contracts. The debt must flow, the debt must grow and the UK moving out of the EEC is the first step into giving the UK its true independence from these financial institutions. That part is now also under attack as the ‘British Balls’ (read: Labour Party Ed Balls, former Economic Secretary to the Treasury) is at the core of that part, as was shown (at https://www.ft.com/content/2616611e-a665-11e6-8b69-02899e8bd9d1), on November 17th in the Financial Times. You see, even as I have had a few disagreements with its Governor (aka Marky Mark of the British bank), the man has steered it correctly in the direction the United Kingdom required it to go. Yet now as this does not pleases the non-governing parties at large, well Balls, let’s make a deal, shall we? If we agree to reign back the independence of the Bank of England, you must agree and sign a decree per immediate that any politician squandering treasury money due to any level of negligence (or incompetence), will have to go to prison for 10 years without the option of parole. Would you sign that Ed? Consider the NHS IT issue of 11.2 billion, how many of your friends will be set to prison? How many negligent programming contracts were signed off on? Are you willing to make that leap, because the only ‘friends’ you end up having are those of the non-UK kind and many of them mere graduates that were on your every word in that Harvard building where you made that speech and a few more in financial institutions who didn’t much care for the independence of the Bank of England. So how about it Eddy, you got the Balls for that one? I would expect some kind of other proclamation soon enough. You see what he wants is not any accountability in a setting where all is squandered away. The British people have had more than its share of that one. So as we read: “The paper comes after vehement attacks on central banks and their policies in the US, UK and Germany; criticism that would have been unthinkable in the 1990s and pre-crisis 2000s, when the fashion for central bank independence was at its peak“, where I would see that the idiotic notion of the Bank of England should be forced to fund infrastructure projects, whilst we know where 11.2 billion didn’t get the job done and there wasn’t enough money to get it sorted due to negligence and what I would regard after 20 years in IT as ‘steps of utter stupidity’, well worth of getting those decision makers in prison for the longest of time (read: while I am aware that the maximum prison term would be 10 years), a term that others would call too light, especially those who are now due to no fault of either party are getting less from the NHS that can no longer meet the high standards it gave for the longest of times.

So when we read in that same paper “Carney says politicians ‘deflect blame’ by attacking central banks’ Rising inequality is driven by more fundamental factors, argues BoE governor“, my response would be: “Right you are Marky Mark!“, although I would speculate that some of these fundamental factors would be the ignorance of the decision makers whilst relying on people trying to get the maximum they can out of the deal offered and the connections relying on them. That would a fundamental first to consider and solve. Which gets me to the point that those politicians will be held accountable for the support to these projects and they need to be dealt with if they fail. So the special prize for these non-kids is the one that every winner wants, 120 months of hotel accommodation in places like Holiday resort Wakefield, or Wandsworth Garden retreat in South West London? Would that perhaps up the game of a few politicians, or will they suddenly decide to be less enabling to those who see the independence of the Bank of England to be more than an eye sore and a factor that stops their maximum profit to continue? I am merely asking, not making a claim of any kind.

The Financial Times article has a few other sides and makes fair statements, even though the initial source is questionable from my point of view. The writer Chris Giles adds at the end “For the Fed, the problem is reversed and while it has in its Financial Stability Oversight Council sufficient political legitimacy for macro prudential policies, the US central bank does not have sufficient tools to do the job and cannot request new tools from the administration, it adds“, you see, the British and US systems might seem the same, but they are not. I would surmise that there is a Federal and State level of these issues that the UK does not have to the extent the US has them. It is not just the differences in approach and connections, I and most of us see the Bank of England as the pulse of the health of the British economy and as such, its independence, especially from a boatload of politicians, is essential to this view. Now, I might certainly be wrong, yet overall, how many would agree that many politicians seem to spend in what they truly believe to be for the best, whilst not having a clue on how proper debt levels need to be and they will happily push that bill to the next cycle, the NHS IT is not the only, but definitely one of the clearest and largest examples of mismanaged spending on several levels, having someone independent in charge of the Bank of England making sure that the tap gets closed before it is too late in this term with a clear look at what comes next and what else is due now. A view many politicians on a global scale are lacking. And as the US system has a much more isolated view regarding the economy enablers, the economy and the US treasury gives another shine on their view and their lacking demand for independence and accountability (again, as I personally see this).

You see, there is a lot more in play, this isn’t just on what is due to Greece, the UK or the Banks wanting there coin. The fact that left and right have to some degree social values and of course, the left tends to have a little more of that. Yet, when we look at ‘Greece under fire over Christmas bonus for low-income pensioners‘ (at https://www.theguardian.com/world/2016/dec/09/greece-under-fire-over-christmas-bonus-for-low-income-pensioners), we need to question certain responses. The quote “A goodwill gesture to ease the plight of those hardest hit in Greece by tax increases and budget cuts has backfired spectacularly on the prime minister, Alexis Tsipras” is one that is of great concern. Consider that this is about retirees that get less than €800, so, when we consider that rent in Greece is €450 or more, with added monthly utilities of no less than €140, this means than they get to live of €310, which is abysmally little. A week of food and clothes and other things at €75 per week is the nightmare scenario for even the best miser in town. Now consider Christmas is around the corner and these Greeks and those getting even less are getting a one-time bonus for Christmas. It is a social smallest act by the Greek government and after the issues that the retirees have gone through clearly the act that should be done as soon as possible. So I would really like to know the names of these ‘International creditors pour scorn on prime minister Alexis Tsipras‘, in addition, I would like to see what their functions were and their incomes from 2004 onwards. You see, I want those people and I want to see if they were in any way enabling the imbalance that Greece developed between 2004 and 2009. Mainly because the Greeks suffering now would really like to get those names and addresses. For those following a little longer, I have had plenty of criticism towards what I used to label ‘rock band Tsipras & Varoufakis’, in addition I have had additional issues with what was done over the time period, yet I had never had issues with any solution that could be found resolving the issue, in addition, when Greek was playing hard to get, I was first in line to throw them out of the EEC and the Euro, yet the power players behind all this, and possibly the people holding onto the debt markers were equally accountable. Yet, I have never had anything negative to state over the Greek people at large (apart from the stupidity of all these strikes), so I would have no issue with Tsipras giving a little release in the one month when that makes perfect sense and likely matters the most. Yet in this social climate, we see in equal measure the debatable view by Labour people wanting central banks to be more dependent on the politicians who cause a lot of these issues to begin with. How freakin’ crazy do you need to get here?

So when we consider that special school where everyone is a winner, can we actually accept or even entertain the thought of hiring someone who is on that school of thought? How much damage must Europe endure before the people at large gets a clue? There is accountability, which I have always supported, yet in equal measure, the strain on the Greek people have been unjust been brought by those who have been facilitators of a system that should never allowed to continue to this degree, meaning that Greece should have been removed from the Euro at least 2 years ago. Doing it now, could only be done if the debt of 300 billion would be forgiven, a step that the players are unwilling to give, yet in the light of all that is passing, they are now considering certain steps, only so that they can hang onto an optional 35 trillion, that is the game in play and now, as they realise that the UK has had enough and that France is on the same side of that seesaw, now those creditors are considering the consequence of pressure so now they will divide the EEC and conquer whatever funds they can, for as much as possible. In that light the one off payment is scorned on, so how inhumane have some players become and should we even consider tailoring to their needs?

The scenario where everyone is a winner is a long time away and it is unlikely that Greece and a few others feel this way any day soon, giving even more caution to the words of a president who is on the way out. And who are Greeks creditors? What is the full list, is it not interesting how the press has the detailed specifics on the knickers (read panties) of a Kardashian and the Greek government creditors list gets trimmed to the aggregated list that serves themselves and no one else. In that I believe that Yanis Varoufakis is only scratching the surface when he states “the UK referendum was a “symptom” of a series of mismanagements from EU leaders“, in that he is right and it seems that now he is less of the rock star he presented himself to be, now we see another Yanis, one that is not just driving the nails on the head, he is quickly realising that certain players are preparing for even more issues to be added to the exit of nations from the EU. Even as some is by part to smear the cogs of Germany’s needs, the quote “To take a trip down the Danube to discuss the formation of a European army – pure irrelevance. There is no evidence unfortunately that the political class on the Continent is capable of even sitting down to address the right questions, let alone, deliver the right answers“, which is at the core of failure of any created European army. The biggest issue is not how it is formed, we will see soon enough that once Frexit is a reality, what would actually be left to actually form any decent European army with? It could be a revolutionary new Disney. As we redesign Snow White and the Seven Dwarves into Germany & the 7 minions who cannot agree on anything, will we now see new polarisation in several ways being added to the list of negative plights? In addition, if Italy remains as the larger player, the mere concept of language will be the hilarity of many. I would be willing to wager that the concept as it is failing will derive laughter from 2400 Route de Pexiora, 11452 Castelnaudary Cedex, so loud that it can be heard in both Berlin and Rome, which should make for an interesting news cycle to say the least.

I have spoken against the ideas of several people mentioned in this article, I thought that they went the wrong way about things and they got bit, which I would call ‘serves them right‘, yet I have never applauded or agreed to the level of pressure the Greek people are currently under, in addition, the German finance ministers views, as I personally see them, are not about Europe and not about what would be best for Europe or the United Kingdom. I believe some are starting cycles of facilitation and enabling that will in the end be really bad for Europe, for the United Kingdom, for France and for Europe as a whole. I will let you contemplate how wrong I could be and if that is not the case why the clear outspoken opposition against these proclaimers aren’t coming from more sides, more people and more media. Is that not weird either?

A game where everyone is a winner only knows losers, a truth that goes back to ancient Greece, they were the founding fathers of the Olympics after all!

 

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A Syrian Reality

Another day, another mention of Aleppo, Syria and events. Hilary Benn speaks of the shame we all should feel. Yet, here we have an issue. Not with his sentiment, but with the clarity of who or what is in charge. Now that the UN has another meeting, labelled as ’emergency’, it is time for people to realise that labels are no longer things to see You see, CNN states ‘descent into hell‘, I say ‘the reality of choice‘. As we now see that Assad, with Russian aid secures the news like ‘Syrian Government Forces Are Close to Full Liberation of Aleppo City’ and ‘Syrian army gaining control of Aleppo eastern quarters’ we need to realise that America is no longer the leader of the free world, that it is too bankrupt to be calling any shots other than commercial deals (read: trade agreements) to feed its own greed. The fact that Libya has now asked Russia to intervene on its behalf. As General Khalifa Haftar is meeting with Russian minister to seek help, we now all need to realise that we are chasing the consent from an empty bag names America. Only now, well over a year too late are pundits all over the media field considering a change. Those who some consider to be half baked evangelical procrastinators of social sciences are now considering that Frexit ‘might’ happen. The data was clearly there for well over 26 weeks. Just like they were trying to stay buddies with those running the gravy trains, Brexit was ignored for too long and Frexit is very nearly a given next. When you consider the quote two weeks ago in the Guardian “Kenny’s administration in Dublin to strongly back any French attempt to gain more concessions from Brussels to prevent a possible ‘Frexit’“, we can now start quoting South Park (Oh my god, they killed Kenny) whilst Ireland is considering the dangers it is manoeuvring itself in.

What about Syria?

Yes, that is the question, because for the most, no one gives a dams about Syria! This is a harsh reality. When you look at the cold reality for Syria, you will consider that the natural resources of Syria include iron ore, crude oil, phosphate rock, manganese ore, asphalt, marble, rock salt, and gypsum. Most can be gotten in many places, whilst oil value is in the basement and iron ore is in an even worse place. The large corporations do not care for any of these substances, so as such The American Congress is speaking a lot, not saying much and acting even less. The evidence is all around you. This outgoing Democratic failure has done next to nothing substantial. We see mention of weapon support. It is less than it should be and likely done to write off old equipment or get some parties a tax breaks (personal assumption), it never amounted to anything serious. The same could be stated for the United Kingdom, who with the US was involved with Combined Joint Task Force – Operation Inherent Resolve, because the growth of ISIL is scary for both of them. In my view, if there is any hero to be laureled in this mess than it would be the doctors who despite this level of ignoring are still trying to aspire the best the medical profession has to offer, in my view, most of these doctors are worth of any recognition that equals the Victorian Cross (American equivalent: Medal of Honor).

The grim reality of life set to value is that the morality of the things that President Assad was accused of. Perhaps some people remember how a little over 5 years ago, the unrest of the 2011 Arab Spring escalated to armed conflict after President Bashar al-Assad’s government violently repressed protests calling for his removal. Soon thereafter we had the issue that the government of a sovereign nation retaliated against those who were seeking to overthrow that government. This is the issue, you see, many of these nations had to deal with massive gaps in quality and quantity of life. There was a great deal of dissatisfaction that led to opposition and uprising against these governments and as such things escalated. There have been widely distributed claims that the US government’s support of the uprisings fuelled actions, funded largely by the National Endowment for Democracy (www.ned.org). This in an age where people in non-governmental places seem to think that whatever they do the US government had its back. Yet the outgoing Democratic Party had no money left, even worse, the total national debt is expected to hit 20 trillion just when President-elect Donald Trump gets into office. He gets a building to temporary live in and a debt that will take more than 3 generations to remove. Whatever happens, their choice will be American based, American focussed and there will be no space for any military action of any kind unless it is due to a direct attack on America. In all of this Syria is not mentioned, because for the players at large, it has no value, not the living, the dead or the national resources. For the next 8 years at least there is every indication that Russia will get a near cart blanch to grow its influence and after this December 2016 there is plenty of evidence that this will come with full Syrian backing, and likely Libyan backing too.

So this now ups the ante for Israel and in addition, it will require the allies and friends of Israel to up their game by a lot, because this game implies that the next cold war comes with one player short, an empty intelligence coffer and a much wider supported Russia. I reckon that Alexander Bortnikov will be having some very comfortable lunches with Sergey Lavrov. I can only assume that black bread and borscht will not be on the menu, Pancake! (Internal FSB translation joke).

These events are very much at the core because the US security council has the US and Russia in opposition, so that part is not expected to get into action, the only benefit here is that China could side with US, not because of any Syrian humanitarian need, but if the US gets committed here, the US economic prospects go down further, which would suit China just fine. In my view, if there is anything to be salvaged, than it needs to be Jordan, not Syria. If we actually have any regard for lives, than the support for Jordan, for its infrastructure and resources is essential as it has been trying to give support to 1.4 million refugees (Syrians and officially registered refugees).

Let this sink in readers, we are bickering all over the world on how many refugees we should take and Jordan has added 25% of its entire population from refugees and Syrians. That whilst Jordan has always had a shortage of water and a few other resources. In my view, the actions of King Abdullah II of Jordan seem to me to be more worthy of a Nobel Peace prize a lot more than the one given to President Barack Obama ever was. I am not ignoring the issues at the Jordanian border, the given fact by Al Jazeera et al that there tens of thousands of refugees stuck in no man’s land. Yet Jordan already has 1.4 million, 25% of its entire population, they have done more than most nations have considered. That part, will be opposed and countered by nearly every nation, but that is the grim reality. I feel certain that Jordan was not working with open arms, yet when we see the few thousand that are in Greece (OK, a little over 10% of those in Jordan), the fact that Syrians (as reported by Ekathimerini) have been quoted that compared to life as a refugee in Greece, they would have preferred to have stayed in Syria. Tell me, when a person prefers to take their chances and live in an active war zone, how bad are you as a nation? Now, we can agree that Greece was in a really bad place before the Syrian refugees arrived, so that did not help the Greeks any, also their lack of any infrastructure to deal with these amount of refugees must also be accepted.

In all these matters discussed, big business have remained silent, inert and lacking actual action that make a difference. In addition, as Donald Trump is stated to make a policy change that it will be ‘America First’, which under their economic climate is fair enough, when the dust settles and President Bashar Hafez al-Assad sits on his ‘throne’ as victor, how many nations will move forward trying to do ‘business’ with Syria? How many will enter the quote ‘moving forward’ in their speeches and statements? You see, the reality of any nation has forever been that those with empty coffers do not govern, the US is figuring that out the hard way, because its actions and messages on a global scale are ignored by too many players for it not to be the case. In the end, these trade deals have a one sided benefit for American companies. They would still get to sue other governments, whilst the President-elect is moving towards the tactic of: “Instead, we will negotiate fair, bilateral trade deals that bring jobs and industry back onto American shores“, and here I will be honest, it is pretty much the only option that the US has and no one can fault America for that, just realise that those who would have enacted the TTIP/TPP would have learned the hard way that American corporations would have sued governments for the mere profit of it. That too would bring money to America, and their board of directors. In all this, in light of Brexit/Frexit and now these trade deals, we see a massive lack of national legal protection in these ‘deals’, this whilst these corporations have only consented to continue certain factories when the tax breaks are juicy enough. When that falls away, those claimed economic national benefits fall away too and even today, certain taxations that wold have been seen as fair as those places took away billions, now that the economic weather changes, nations at large need to consider where to move to next. It is that weather that made me evangelize stronger bonds with the Indian pharmaceutical industry. Most nations have a growing need for generic medication and places like Syria, Jordan and Greece even more. Yet the people who should have realised this seem to be pushing for any pharmaceutical deal with America, whilst the players all know that there will be no local benefit, none at all, so again we see now that the Trump thinks like a business man, which is what the social left is not getting (read: comprehending), whilst they ignored the tax reform essentials, they keep on giving money from empty coffers, that party is over and those not adjusting their view will be in the cold soon enough. This also means that certain values change. This is the grim reality for Syrians, their value is none and have been so for some time. Not on a humanitarian scale, but the nations at large have no funds there, so we see that we turn our backs on a situation we cannot change and we cannot influence, in my personal view, mainly because some lawmakers were asleep at the wheel in setting up trade deals and certain tax loop holes (read: these loopholes were purely incidental and coincidental, not in any way orchestrated). Now we have to choose between economic hardship and humanitarian ‘sound’ suicide, how is that a choice?

So here we are, seeing another iteration of ‘boo hoo hoo’ Syria, we all know it, we all agree and we cannot do anything, mainly because those who could, gave away the keys to the castle and the executive washroom. Those who are now in charge are setting the pace and none of them want a war where they get nothing out of. This is the mere reality of an economic driven political society of elected officials. No monarchy would ever abide by that. Should you see that the Libyan and Syrian deal have no influence, when you hear someone preach just that, and how America will get on top soon enough, also feel free to investigate the connections that are now happening between Egypt and Russia. A new air base on the Mediterranean close to the Libyan border, so as America moved out, Europe is getting surrounded by Russian bases, if we include the now permanent Russian Naval base in Syria. This is why Israel needs to change its game, because it is not outside of the realm of issues that Mossad now needs to refocus their attentions to foreign operations and data gathering. A field that the Russian have been decently good at. They do have one advantage, Sergey Yevgenyevich Naryshkin might be highly intelligent; he lacks experience and is relatively new to the job. If he ends up relying on the heads of Political Intelligence and Illegal Intelligence, the game changes, because those two are not the newbies we would want them to be and the Middle East desk will be the new hot potato for Intelligence Officers with a scent for promotion for at least 5 years (read: Mossad will have to deal with Intelligence ego’s from all over Europe). My weird sense of humour would try to push those two into the marching path of General-Lieutenant Igor Valentinovich Korobov, a proud man and as per 2016 the new head of the GRU, pride is something that often be used against that very same person.

Why mention these matters, what is their impact on Syrian refugees?

No matter what happens in the coming 3 weeks, when the dust settles, most nations would want these refugees to return to Syria, many Syrians want to return to Syria, but that place is in rubble and those people have nothing left. Syria will be a construction heaven for Russian entrepreneurs for decades to come, also meaning that the economic times will change and the Middle East picture we had of it will have changed more than many understand or want to take for granted. The Arab spring will soon be seen as a temporary thing that was not the success people wanted and proclaimed it to be. Some in those fields will object and counter with all kinds of manipulated data, in addition the press will give a few more articles on how the Arab spring was the only way and it was a good way, yet when we see that Russian influence is rising all over the Mediterranean, and now with Morocco raising the tourist numbers for China and Russia, it could be interpreted that a first signal is given to Sergey Lavrov that a conversation of interest is soon to be an option. In my personal view, one of two corridors of travel for ISIS ends up being in Russian hands. If not correctly countered we will see a radically shifted view of northern Africa with America no longer being any form of player there. This also reflects on Syria, because these nations will allow Russia to set up an empty trade house where they are merely the middle man in commerce between Syrians and Northern African partners, so suddenly there will be large economic growth (moving from zero that will always be the case) and it will push a shift in other ways too. It is the Grim reality we face, because the actual culprit was greed and we have seen how both America and the European Economic Community was unwilling and unable to act against it, which is why we will only see a stronger push for Frexit and Brexit. A move that scares the US, because the Euro and the Dollar are too closely tied and this dissolving action will be seen as the nightmare scenario by the IMF and Wall Street, where the question now becomes: who is speaking for whom?

 

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The risk of androgynous automation

Today we see another message, another prediction and another approach to make people nervous. This time it is a combined effort from the fields of Oxford University and Deloitte, they find that ‘77% probability of ‘repetitive and predictable’ roles being automated‘ (at https://www.theguardian.com/society/2016/oct/25/850000-public-sector-jobs-automated-2030-oxford-university-deloitte-study).

So how true is this?

Actually, there is a lot of truth in it. The truth is not just a given, it is an essential need. Yet the headline ‘Study says 850,000 UK public sector jobs could be automated by 2030‘ is a problem, not one of disaster, but one of opportunity possibly missed. The article gives us a few things, including links to the full report (indirect), which is a good thing and let’s be honest, Deloitte is no PwC; they stand miles above that group of Excel users. My first issue is with page 2. Not because it is incorrect, but the difference from my view is as I see it more than semantics. You see, they state “eliminating the budget deficit – into an era of parallel challenges as it moves towards Brexit“. I believe that Brexit will enable over time a speedier recovery of the deficit, it will be no picnic, but it will happen. Which is why I in earlier writing opposed the view the independent had. They wrote “Britain’s largest banks are planning to move business overseas due to uncertainty over the Brexit process, the head of the British Bankers’ Association has warned“, where my response in a decently diplomatic tone was “So, let them fuck off! The moment they feel the initial 2018 collapse of the Euro and the US Dollar, which will be voiced as ‘our currency will face a temporary contraction of value’, then they will see the cost they face and the revenue they are now missing out of. So, feel free to consider to return after learning that mistake under conditions of massive administrative fees for consideration of inclusion into the UK economy“. This is not an empty view, when the UK returns to strength, those moved away will see contracting economies in Germany, where the Deutsche Bank will be desperate to retain business out of fear of the damage of ‘written off’ collapsing corporations. France will be in a similar state, but there Crédit Agricole and Natixis are the Powerbrokers and neither will consider some ‘grocery bank’ that is relocating to ‘new shores’, so these moving banks will not be too welcome there. And several other nations are in a similar setting. So what is left? Italy? Greece? Good luck with that idea!

So as the UK is facing new issues and new challenges, Deloitte is showing that it is not all roses. The report shows on page 12 “The OECD and IMF views are backed up by OBR analysis that suggests spending on investment, public services and benefits are the interventions most likely to provide rapid economic boosts while providing a platform for medium and longer term growth“, this illuminates an earlier issue that has been mentioned by yours truly (aka: me) more than once. It isn’t just the £11.2 NHS IT failure the UK Labour party gave its citizens. The bigger issue is that governments at large have had a failing grade in managing such projects. Over micro-managing made these projects too massive and in the end no longer feasible or realistic. If this is the path, than it needs to precede an altered adjustment in procedures on how to manage and set these projects. The issue we see that still is required for the NHS, also clearly shows that the political interference tends to be a hindrance rarely a solution. However, the political part cannot be removed, but the entire setup can be altered in another way. A clear definition of what is required, that would after this point be scrutinised by proper IT specialists working for the government (to keep that part of the costing down), only then when that part has been dealt with, can the project move into a new field. If this was the Law and Mental Health, it might be best phrased that the government needs an IT version of a Diagnostic and Statistical Manual of Mental Disorders (DSM-5). Such a manual would need a data requirement part, and application part, a data networking part and a security part. Until such an approach is made, the need that we see, will end up being a massive expenditure towards the Exchequers chest, with the risk of no result and no alternative. These paths make sense in two ways. In the first there will be a lot more clarity on what is requested, required and delivered. There will be less contractual mud and as such whomever took the project will be responsible for the delivered bad boy and it would show a clear path of adjustment and repairs (where needed).

There is even a new side in this, it will shape the required need of technical universities. Because as they become involved, delivering the hours and manpower towards these projects, the costing will be reduced, the Universities will also gain an income and their students would end up with a partial career and years of work and subsequent income. You see, the need to move away from these ‘conceptual consultants’ and selling concepts not products is an essential need to make it all work. There is even an additional benefit that larger IT corporations will lose their grip on governmental budgets and it will serve a wider audience, a change that has been overdue for at least 10 years.

The report gives on page 20 the public’s attitude. My issue is number 2. “More people expect public services to get worse because of Brexit“, I am not sure if that is complete. It is not incorrect, but the point of focus would reset really quickly when we consider the Guardian where we read “Deloitte’s previous work has shown that all sectors will be affected by automation in the next two decades, with 74% of jobs in transportation and storage, 59% in wholesale and retail trades and 56% in manufacturing having a high chance of being automated“, any automation where we see the change from personal towards an automated androgynous system, tends to cause waves of rejection and stress. Even today, we still have an automated irritation when we hear ‘press 1 for sales‘. Until we can upgrade these systems into a much better evolved system, automation will fluctuate into people seeking other avenues in acquiring that what they need. In addition, there is still an aversion to automated sales in some areas as distribution misses the quality marks the recipient demands in some cases. Now, we can all agree that there is plenty of evolution in this field and the evolution is growing in many directions and in long before 2030 we will have systems that are vastly superior to the systems we have today, that is the way the beast tends to work. There is also a given that we cannot yet predict how that will be in 5 years, yet all this requires a solid foundation between sales, services and facilitation/distribution and that part is currently still missing.

Now we get to the part that is a little bit of an issue with the report. We see that the top issue is ‘Better public transport‘, but better how? We see it on page 21 of the full report, so when we see ‘What things would you say would most improve public services in your area?’ Here, I miss a part where we see what the audience now feels is missing or failing. Is it prices, the amounts of times the public transport comes in, how busy it is (no sitting options), you see, they all come with extra costs. More busses means more costs. The solution that seemingly addresses all three mentioned, but is that the failure, the flaw or is it something else? I think that this issue remains subserving to the public’s personal issues ‘Poverty, inequality and low pay‘ as well as ‘Housing‘, which is all about the quality of life for most people. How to address that part is also an issue and automation does not address these policies in any way. Which is respectively 20% and 18% of an asked population of 1099 adults, which in my view is a population way too small to set this ‘State of the State‘ to. For a decent level of reliability, especially as the UK is a mere 65 million people, having a response quota 5,000-10,000 on a national level would have been an essential first. If the results were weighted towards the UK demographics, than it is likely that this report will have additional ‘flaws’, making me wonder who signed off on the requested paper?

There is another side the Guardian gives “However, in contrast to the doomsayers who predict mass unemployment, the firm has argued that over the last 140 years automation has created more work than it destroyed“, I am on the side of Deloitte here. In addition to creating more work, from the issues I raised earlier when considering that 10%-20% is moving towards retirement, the new jobs that are brought will be largely long term jobs and as the setting from tertiary IT education focusses on the governmental automation needs it already has as well as those we will likely see over the next 5 years, the overall quality of the workers in this field could rise almost exponentially when set this against the prepared workforce in the last 10 years. The result of better and more focussed workers will also increase the curve of automation as well as the quality of it. Part of the new data world is discussed on page 34 of that report. the quote “A police and crime commissioner compared data security challenges in the public sector to those in banking, concluding that banks “have secure information and have got away with it”” reads a little weird, yet the foundation of it is a requirement factor that will grow immensely. That field will grow in two ways. The first is the growing field of non-repudiation, a clear register that a certain person accessed certain data and only that person could have done it. This field especially if a cause for concern because there is a gap in technology here and especially in the case of NHS data, that gap needs to be filled (as well as several other fields). Should you doubt that, or prefer to trivialise this, then look towards Ashley Madison, the Office of Personnel Management, Anthem, Hacking Team and Premera. In effect totalling the endangered personal details of up to 150 million people. And this is only the hacks of 2015. When we see the upcoming move towards domotics, the overall danger of personal data getting out has the option of growing the number of people exposed by 1000%, basically a lot more than the complete UK population, at that stage even the sheep, sheepdogs and pony’s on Shetland could find their personal details online. This industry will grow, with a large club of international career opportunities in IT and the growing niche of Data Security.

In the end, we can agree with the numbers, or we can disagree. No matter how the meat is sliced, the recommendation on page 49 are in the end what matters. That part reads a little too diplomatic, but in all fairness they are points that count. Yet, as I personally see this, especially when set against page 2, I am missing something. You see, in my view, there is an item 6. I would state “This state will need to grow into a different dynamic (Government, Non-Profit and Commercial), it requires to grow its government policies by actively engaging and hiring the final year students into its governmental workplace and make them part of the IT evolution“.

It is my view that corporate needs will always exist, yet by preparing these students, graduating them and for them to adhere to corporate policies as they sell their innovations to government is all good for those corporations and I am not against that, because they will get a massive dose of that throughout their careers. There is nothing wrong by having these places of education create part of the engines of solution for the UK government. It falls directly in line with the thoughts in recommendations 2, 3 and 4.

The paper is a lot more than just about IT, even though IT takes the forefront here. When we look at the Guardian quotes “Interactive roles, which require “a high degree of personal interaction, including jobs such as teachers, social workers and police officers”, face a 23% chance of automation“, “senior staff in “cognitive roles that mostly require strategic thinking and complex reasoning, including finance directors and chief executives”, 14% have a chance of being automated” as well as “but the number of health service staff in this “interactive” job is expected to fall to 266,000 by 2030“. This grows another side in the IT business. Over the next 10 years we will see evolution and change as we see CRM systems and the interpretation of ‘What is a CRM system?’

The interpretation of ‘manage and analyse customer interactions and data throughout the customer lifecycle‘ has gone through massive change due to places like Google and systems like Facebook. This is an ongoing path and the inclusion of 5G and domotics over the next 5 years will create even more waves. It is starting to be almost essential that governments at large (not just the UK) are grabbing these changes by the proverbial balls before we see another iteration of lagging adapted technology. It is not the requirement to be ahead, but to be ‘inclusively ready’ will turn the tables on many issues. To be ready to include within the current technological iteration would give an additional decade of data and opportunities, whilst not adhering to these large changes could become increasingly costly over time. In an age where we move towards automation the need to be ahead is not the most essential one, it is staying behind where the danger lies. In that regard, you end up having to adhere towards whatever the commercial technologist brings, instead of shaping technology in ways where it is most useful for you.

A lesson most have learned the expensive way in this generation.

If there is one part I have to disagree with, than it is “Our wider research on automation also shows that while jobs are displaced by automation, new, higher-skilled and better paying jobs are created as a result“, the issue is not the need for these people, but as governments are no longer able to afford certain pricing plans (as those commercial managers hope they could price them at), it becomes a market where the cheapest provider is willing to offer it on, meaning that junior staff gets to be under higher scrutiny for less money, in a place where unemployment is relatively high, these hiring managers will get away with it. I reckon that the market will positively adjust by 2021, but that is still 5 years away. Unless you are a niche specialist, it will be your fate, but overall the quality of life would start to go up by 2019 (due to rising cost of living, aka rent), that is if you have the right degrees.

A slightly gloomy picture that is absent of doom and still a lot better than the issues the EU population overall is facing over the next 3 years.

 

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The other reason

Well, several of my friends are having their birthday tomorrow, so as a good friend I will call them sing happy birthday and as they ask in confusion why I was singing, I will remind them that it is world animal day tomorrow, because that’s how I roll. Today is not about the issues perse, but about the way some people go about getting to it. They claim to be all uppity up on morals, yet in a political paintball fight, there is no art, there are just people covered in paint on both sides of the political isle and as the press is steaming their systems on emotions, to maximise the circulation of whatever they are proclaiming. The bulk of the people go along with the rollercoaster ride and ignore the issues that play.

[1] To Tax or not to

In the first we get ‘the biggest crisis yet: Trump campaign reels after tax documents published‘ (at https://www.theguardian.com/us-news/2016/oct/02/donald-trump-income-tax-returns-published). In this most will see “The campaign offered no specifics about how much Trump may have paid in these taxes, or when“, yet the issue that is in play in all this is “the anonymously leaked tax returns reveal how Trump used aggressive accounting tactics and the failure of several businesses to claim a loss of $916m in his 1995 personal filing“. This gives clear evidence that the documents as published were illegally obtained as well as the quote from another article “Bernie Sanders, once Hillary Clinton’s opponent for the Democratic nomination and now a supporter of her campaign, said the report was evidence of “a corrupt political system in this country”“, the second article was linked to in the first article and was released only a few hours earlier. Yet, in what manner was, as Bernie Sanders stated, a corrupt political system? If the Tax office was the source, than his own party needs to be put under scrutiny. If his statement refers to the tax loops, again, his own party and 2 administrations before this In those times both Bill Clinton and George W. Bush did not really make any improvements to the taxation system and the current president is even worse, for the mere reason that he had to deal with a massively hit economy, so overhauling taxation and a 19.5 trillion dollar debt would have been a first instance. The total debt is about to surpass the WW2 debt the US was in, no political party has ever been so bad for a nation and there is no way that improvements are around the corner any day soon. The fact on how these documents were obtained remain a question, even though nobody wants to actually find out where the leak was and whether it was a government worker, is that not interesting too?

So as everyone seems to be condemning Donald Trump for not paying taxes, everyone seems to forget that he did nothing illegal (as far as we can tell at present). The US Tax codes allowed him to do these things, so you only have yourself to blame. If the people had united for a better tax system, it might have happened if the electoral system had made it very clear who can truly redo the tax system, because it will take years to do and neither Hillary Clinton nor Donald Trump are running towards that race any day soon.

[2] Last Exit to Brexit

When we think of the March Hare, we tend to think of Alice in Wonderland, so one quote can be used when we add one little word. The quote is “The March Hare will be much the most interesting, and perhaps as this is Theresa May it won’t be raving mad – at least not so mad as it was in March“, I reckon you guessed it, I inserted the word ‘Theresa‘, isn’t it interesting how profoundly correct one sentence was in a book, published in 1865. On that same year, the NY Stock Exchange is opened near Wall Street. You see, this all tracks to two events. The first is ‘What will happen now timescale for article 50 has been revealed?‘ (at https://www.theguardian.com/politics/2016/oct/02/article-50-timescale-theresa-may-brexit). Before I give the quote, there is something you need to realise. I stated it almost 4 years ago. In the time when the press was giving us quotes on how Greece could be taken out of the Euro and even out of the EU, all the time people ignored my words, going for those high hearted words on how it was all going to be ok. How deceived the readers were on options for Greece that never even existed. Now we get the current quote “As the man who drafted it has said, the EU’s divorce clause was never meant to be triggered: article 50 was inserted into the Lisbon treaty purely to silence British complaints that there was no official way out of the union“, so basically, the words of self-govern has been a lie too! So how to see this Brexit? A hard one or a soft one? It seems that we are discussing eggs and how they are boiled. So as we are getting close to that date, we see too many voices all making claims on how this single market is the solution. For who? The people, or big business, the same people who make the claims they make and pay no taxation for it, but they still want all their surpluses and bonuses. The next quote is “As Steve Peers, professor of EU law at the University of Essex, points out, article 50 goes on to define three distinct stages of that withdrawal process. First, the council, in the form of its chief Brexit negotiator, Didier Seeuws, and the member states it represents – without the UK – must agree the broad guidelines for negotiations.“, the rest points out a few more things, important to know is that the elections in France, Germany and the Netherlands will have additional consequences. France will see a possible triggering of Frexit. It is a certainty is Marine Le Pen makes it and it is still an option when the others get elected. Only if President Hollande gets re-elected is the danger of Frexit nearly nullified, but the French population is getting more and more on the Frexit pile. Nicolas Dupont-Aignan is not in favour, like David Cameron he is about changes to the EU, another one that is likely to fail, yet in the current predicament, the EU will need to choose very carefully as nations all over Europe have had enough. The nations more loudly opposing are those not contributing and seeing their Gravy train taking a new course, one that they are not profiting from. Now, I am not trying to be harsh on them, for that would not be correct in several ways. Yet the entire social situation where 6 nations are paying the bulk for a lot more nations is the issue that hits many nations and after the economic meltdown these places faced with the knowledge that many nations are facing internal struggles makes matters worse for the EU. In the need to be an outdated vision of a social impossibility, they are confronted with nations that see no future in these failings. Matters for Germany will be even worse if the Deutsche Bank melts down too. It is not really likely or realistic, but in all this it is still a consideration to make. The next part we see in Reuters (art http://www.reuters.com/article/us-britain-eu-amato-idUSKCN1012Q8), the headline ‘Father of EU divorce clause demands tough stance on British exit‘. When I read ““When it comes to the economy they have to lose,” said Giuliano Amato, explaining that only then might the British reconsider abandoning the world’s largest single market“, it seems clear to me that Giuliano Amato can’t have been thinking clearly (or he was grossly misquoted). You see as a professor of Law at the University of Rome La Sapienza he should have learned the following:

  1. The Harm Principle states that laws exist in part to protect people from violence and abuse.
    Yet in this, I wonder if the law fell short when it regards the need of protection from economic exploitation through big business.
  2. The Morality Principle states that another reason for laws is to advocate a sense of morality.
    I think that as we see the non-prosecution on Wall Street and the tax loops and non-taxability that this side of the law has been receiving epic fail marks for some time now.
  3. The Donation Principle explains the importance of the government using laws to grant certain services and commodities to society and the individuals within it.
    There is a need for this, I will not oppose this, yet whilst governments are too deep in debt to resolve their economy, whilst the laws they create do not hold corporations to account and whilst tax write-offs have not been properly dealt with for well over a decade, the laws again falls short.

In addition, the EU laws have been a farce for some time now and as such we need to make larger changes, the UK decided to abdicate from the EU alliance. In all this the EU still overspends by far too much. First there was the Draghi approach to stimulus through a trillion that has nothing concrete to show for it, now there is the Juncker plan, which initially launched in 2014, with a commitment of 630 billion, which has to show that up to now, projects worth 116 billion euros have been approved, yet what is there to show for it and whom have seen the positive results? When we see the quote in ‘thecorner.eu‘, with the mention “These correspond to Grifols (which specialises in the pharmaceutical and hospital sectors); Redexis Gas (natural gas distribution) and to two credit lines from ICO, one of which is for an infrastructure investment fund“, so a Spanish player has a pharmaceutical, natural gas distribution and two credit lines. The quote “The Redexis Gas project requires an investment of 360 million euros and the EIB has committed to financing 160 million. The question which many experts ask is the following: Did Grifols and Redexis Gas need a ‘Juncker Plan’ to finance projects with these kind of characteristics? The overwhelming reply is no“, so we get to support high end solutions that have absolutely no impact of any serious nature on the Spanish population. Who on earth is Juncker catering to? More important, it is my personal impression that this 630 billion is set aside for certain large players, whilst the economy can only truly be started by the smaller players. Now, this could be an absolutely incorrect on my side, but when we see pharmaceuticals with their multi trillion options left right and centre. Is Juncker truly catering to the population of the EU, or just to himself and a chosen few friends? It seems unfair to state it that way, but cannot find another way to make my statement.

Two events, all overly published, yet in one case we see the law failing because it could not restrict, the other case shows a law that tried to work like a Venus flytrap and not let anyone out. The near perfect corporate trap for exploitation. The fact that these issues haven’t seen proper illumination is even more upsetting. We see parts, yet unless we look into the different articles, we are basically being kept in the dark to some degree. It is the degree that matters here. To the majority it needs to be clear that tax overhaul and tax legislation is an essential need in several nations, it is needed with the nations considering the European party and those who want to keep on dancing. In reality only France is the real issue at present, the Netherlands has support that is slightly below 25%, France was very high, but there is no latest polling data on this, so it is possible that it might be averted. In that regard Germany is now the big issue. If the Deutsche Bank collapses (no idea on that chance), it has every likelihood that people will flock towards a no EEC Germany, yet the amount of shifting can at present not be predicted to a decent amount. The impact of the first part is that the next President needs to take a hard look at corporate exploitation. There is no expectation that either side picks up that responsibility, but if it is not done, the debt all over the world will be a lot higher than any gold reserve on this world is able to deal with. In the second, we see a Europe that has no comprehension of what is to come, which makes sense to me, because this has never happened before. Yet the amount of non-preparedness we see, even though Brexit was clearly in the air for a year shows the sentiment that Giuliano Amato voiced a view that the members of the EU commissions seem to have ‘You can check in, but you can never check out!‘, yet this is not a Hotel in California, this is as I stated a Venus Flytrap where the fat cats walk by, the rest is just food for thought at best.

In the end, it is a speculation (mine) that the world, at present, will be better off with the Democrats winning, but not by a large margin, not this time. What is also food for thought, is that this would be the first time, where a man (and former president) gets to be the first lady. They would be the only family having been placed in both White House roles. Which is at present a better reason than any reason the political speakers are giving us, because in 3 administrations, they did nothing more than fumble the ball and left the American people with an outstanding invoice approaching 20 trillion.

 

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