Tag Archives: Hong Kong

October 5, 2025 · 15:26

Order through the chaos of others

That is likely the setting we see today. I used the word ‘likely’ with some reservation as the implied parties are all kissing up to what they call ‘the ring of the orange entity’ and I am kind in the usage of the world entity (the other words were way to crass). Yet (at https://www.arabnews.com/node/2616094/business-economy) we see ‘Tencent Cloud accelerates Saudi expansion with new data region, AI services’ a setting that should be scorched in your minds for the simple reason that others are ‘hyping’ their so called AI setting and they don’t like other news that is not in their favor. We are given “Chinese technology giant Tencent is accelerating its cloud and AI push into Saudi Arabia, positioning the Kingdom as its primary hub for the Middle East under Vision 2030. On the sidelines of the Tencent Global Digital Ecosystem Summit 2025 in Shenzhen, senior executives told Arab News that the company is finalizing the launch of its first Middle East cloud region in Riyadh, part of a $150 million investment announced earlier this year.” Where they are addressing the second pillar of my three pillar solution and it is happening in Saudi Arabia. It is not merely that setting, they have bigger plans and these plans are seemingly underway. You see, in part we are given that side (at https://www.app.com.pk/photos-section/federal-minister-shaza-fatima-khawajas-meeting-with-saudi-telecom-company-stc-officials/#google_vignette) where we see ‘Federal Minister Shaza Fatima Khawaja’s meeting with Saudi Telecom Company (STC) officials’ There we see

and we get the gist of that meeting. Saudi Arabia is setting the borders way outside their national parameters and it makes sense as it gives them access to 251 million people, over 7 times the Saudi population. As I see it they now merely need Egypt (other efforts are already underway there) and Indonesia to make it a grand slam. And that gives them an almost certain setting to get 100 million subscribers to the Saudi Telecom Company (STC) group with expansion into Middle East and Asia. That is why Huawei and Tencent are playing it close to the vest as the expression goes. There is a chance they call it playing it close to the Kandura, or perhaps close to the Bisht. And as I see it, Saudi Arabia is only one step to dwarf the other 5G and telecom systems and that is where the Tencent Data centers come in. And as I see it, Tencent merely needs to connect two more places. Abu Dhabi and Riyadh and connect them to Hong Kong, Singapore, Seoul, Tokyo, Bangkok, Silicon Valley, Virginia, Frankfurt, São Paulo, Jakarta and they will become the biggest connected data centre on the planet. So, don’t believe the sludge that Microsoft is trying to sell you, as I see it, they no longer matter as per 01-Jan-2027. Oracle will connect to it all, as will Snowflake, AWS and whatever Europe has to offer, but as I see it, the Dutch relied on Microsoft, so that will be valued as laughter for money. And when that setting is set via a Chinese wall to whatever runs in China, America losses yet another battle that they set of presented bragging and other fiascos. And that writing was already done as I wrote ‘Evolutions towards the third cog’ on February 2nd 2024 (at https://lawlordtobe.com/2024/02/02/evolutions-towards-the-third-cog/) and at that point I truly believed that the UAE was picking up that option, but as it seems Saudi Arabia was a little more hungry for that revenue and now it seems that they might get it all. So the original latin expression “when two dogs fight for a bone, the third runs away with it” seems to apply here. And as CNBC gave us almost two weeks ago ‘OpenAI’s first data center in $500 billion Stargate project is open in Texas, with sites coming in New Mexico and Ohio’ where we see “OpenAI and Oracle are betting big on America’s AI future, bringing online the flagship site of the $500 billion Stargate program, a sweeping infrastructure push to secure the compute needed to power the future of artificial intelligence.

The debut site in Abilene, Texas, about 180 miles west of Dallas, is up and running, filled with Oracle Cloud infrastructure and racks of Nvidia chips. The data center, which is being leased by Oracle, is one of the most notable physical landmarks to emerge from an unprecedented boom in demand for infrastructure to power AI. Over $2 trillion in AI infrastructure has been planned around the world, according to an HSBC estimate this week.” We might need to adjust out views. It is true that OpenAI and Oracle are betting big, but they are set to the finders who are relying on a global impact and as I see it, when Tencent is connecting its data centers, over 20% of the planet will be somewhere else. So, do you think that the American people (340 million) will feed that massive engine? Consider that Europe is already fighting over where they want to be, those 450 million souls will not all traverse that setting and China with the expected 1.4 billion and the Saudi setting of over a billion (1.8 billion at present) gets Tencent the 3.2 billion, almost half the planet and that is merely the setting of Tencent and the STC. So how do you see that $500 billion go when you realise that some ‘proclaim’ that the AI facts come for over 40% from reddit (presumed speculation).

I reckon that someone will reinvestigate the ‘verification’ process in deeper detail (something I have been saying for over a year) and as such as the data is useless, so is whatever AI is sprung from that. The old Garbage in, Garbage out setting which some might have learned in the 80’s.

So whilst some might see that Stargate LLC is going to crash at some point, I would consider never ever investing in MGX Fund Management Limited which is owned by the UAE and I reckon (speculatively) that their $100,000,000,000 is going to go the way of the Dodo pretty quick. Of course if they have invested in Oracle, they will get the technology out of it and that can be redeployed in other ways, so that investment isn’t lost. But you need to know the contracts to define that step (I have no idea what the contracts stipulate). So is this certain? No, it is not. A lot of it is presumption and that is bigger than speculation, but it remains a guess. The larger part is that the STC, Saudi Arabia and Tencent are on course to make a nice killing (as the investment jargon goes). A setting that was set to productivity and gains through achievement. As I see it these two parties STC (Kingdom of Saudi Arabia and Tencent (Chinese government) are basically on track to become the larger players in this setting ever seen. 

Have a great day and remember, you don’t need AI to order a coffee from the nice barista in your coffee corner. 

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July 9, 2025 · 08:18

Age of BS (Bill Sightseer)

That is the setting I was confronted with last night. We have all seen the US downturn in tourism and there is a certain justice in souring your own milk. This is what we saw in the last two weeks and last night the Independent gives us (at https://www.independent.co.uk/news/world/americas/us-politics/us-tourism-decline-trump-policies-b2782820.html) the repeating ‘US is the only country facing tourism decline as Trump policies to cost $29 billion in visitor revenue: study’ and for the most I was all about “seen this before” so I was about to leave it next to me, but then something happened. Travel and Tour World gave me (at https://www.travelandtourworld.com/news/article/united-states-tourism-soars-to-new-heights-with-20-million-canadian-tourists-contributing-a-staggering-20-5-billion-and-fueling-job-growth-across-140000-american-positions/) ‘United States Tourism Soars To New Heights With 20 Million Canadian Tourists, Contributing A Staggering $20.5 Billion And Fueling Job Growth Across 140,000 American Positions’ are the flipping kidding me? As we have been given from a multitude of places “Amid the president’s immigration crackdown, travel bans and sweeping global tariffs, the U.S. is expected to be the only one out of 184 countries to see foreign visitor spending fall in 2025, according to the World Travel and Tourism Council. The study suggests that the U.S. economy is on track to lose $12.5 billion in international spending this year alone – but the actual shortfall might be much greater.” (Independent, July 4th) and it matches what others have given me. But no, here comes the Travel and Tour World article giving us “A remarkable 20 million Canadian tourists visited the United States, contributing a massive $20.5 billion to the U.S.economy, while also sustaining around 140,000 jobs across the United States, as reported by the U.S.Travel Association. These figures highlight the essential role Canada plays in U.S. tourism, making it the largest source of international visitors for the country. With Canada’s population of about 40 million, this represents a significant proportion—half of all Canadians visited the U.S. last year. In fact, Canada accounted for 26% of all international tourists to the U.S., which saw a total of 77 million visitors in 2024.” And CBC on July 3rd gave us “The data shows there were 88,686 fewer recorded crossings at the Peach Arch, Pacific Highway, Lynden and Sumas points of entry throughout the month.” As such (apart from the confirming feeling), it seems that (as I personally see it) the U.S.Travel Association are beefing up numbers by the millions and no one reacts? How is this setting acceptable to anyone? As I see it, America might be in deeper waters than anyone thinks they are. It seems that Wall Street needs to be mismanaged so that they will give America the credits they desperately need. Apart from The deal that Canada now has with Aluminum provider Australia in stead of America, the setting is far worse then anyone is considering. The TTW article has a few other capers that makes for a weird setting “While Canada did not actively seek to “steal” American tourists, certain Canadian destinations are benefiting from a surge in European visitors. In fact, a recent study from Context Research Group highlights that Canada is experiencing an unexpected tourism boom, driven largely by European high-spenders who were previously considering U.S. destinations for their vacations. As the U.S. tourism sector struggles with internal challenges, Canada seems to be emerging as a viable and attractive alternative.” It is the word ‘steal’, you see, after the Florida setting where people seems to feel insecure and unsafe and there is the US customs setting where people are seemingly evicted by a owning a mere meme and then there are the numerous events that customs is scanning your social media, the land of the free now seemingly takes away free speech. I don’t care about the meme’s some other people send. I find it a waste of my time and as such any second hand meme might actually debunk the only vacation you can afford. That is a principle setting why people go somewhere else. And the internet is bustling with numbers of places that have a massive downturn, as such the TTW article isn’t even funny or actual in several settings. And as we have seen the amount of the 51st state mentions, the Canadians seemingly like Americans, their blood in particular. See what I did, I made an actual funny (TTW please take notice) The article has other things missing, the first quote didn’t give a timeline, whist other mentions do give a timeline, but these moments can be misread. So who is behind this? The TTW article doesn’t carry a name, neither does it state opinion piece, which might not be a setting that has weight as the TTW is not journalism, but in the B2B world the writer is often indicative of how serious you need to take an article. The Independent piece was written by James Liddell, a US News reporter and giving us (a little late) the facts we already had. The CBC article gives us the charts that show that as per February 2025 the numbers going to America started going down with 40K less visitors, in March the drop was over 80K and going on and on until June where it was a little over 80K as well, and this is merely the BC/Washington crossing. So where did they find these 20 million Canadian tourists? Did the TTW not vet the files they publish? Because as I see it, it is their name that comes up. 

Was it just the one?
So we can fret over this, but there was another reason to mention this. You see, I mentioned the Aluminum setting and as it was given to me yesterday, Canada is now in conversation with Rio Tinto as a new supplier of Aluminum, which might delight Coca Cola and a few others who are ‘diverting’ to Canada to avoid tariffs and other bad news towards their shareholders. The larger news was given to me by MSN (at https://www.msn.com/en-us/news/world/china-extends-visa-free-entry-to-more-than-70-countries-to-draw-tourists/ar-AA1I9PTl) there we see ‘China extends visa-free entry to more than 70 countries to draw tourists’, I have no idea what the impact will be, but there will be thoughts on many being interested in seeing Beijing and a few other places. The fact that China has its own theme parks, Disney has two in China, one in Shanghai and one in Hong Kong. As I see it, this might be massively bad news for America as well. I have no idea what the impact will be, but 70 countries imply a loss of thousands of tourists in a time America cannot have any more bad news. And the one thing we tend to forget, most people (as assumed 90%+) can only spend their money once and thousands going to China means that they cannot spend that money in America, more importantly, many Europeans are trying to find a place far away from America (optionally Canada too) and now China makes this move. A tactical move that could hurt America a few points more. And as I see it (through the graphics) the move will hit many in Europe, Asia, Latin America and the Middle East. And I think it matters, it is the Commonwealth nations, the Arabian countries and Europe that will wield the largest punch for China. So what the TTW article to dissuade people from going to China? I think that might have been a bad move as it only shows America to be more desperate than even before. And with the Rio Tinto move Canada is showing itself more than apt to counter whatever America throws at them, I reckon that yesterday’s threat on 10% addition for BRIC’s minded governments and as a bonus President Trump soured the well in both Saudi Arabia and the UAE, what a 24 hour score to make.

As I see it, I wouldn’t take the entire TTW article too seriously, but as a part in a larger setting it gives us (optionally wrong) that there is a larger setting in America, the cracks are seemingly showing and that presents a larger setting for multiple players, all stating the same thing. Doing business in America is starting to become a folly for anyone entertaining that thought. A setting that is merely the consequence of the last 12 months. For America a bad thing, for the business entrepreneurs a new horizon they haven’t see for a long time and what is new tends to be sexy and explorable for the eager greed driven minds.

Have a great day today.

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July 1, 2024 · 10:51

The changes to a Digital Currency

I was alerted to a story on https://www.cointribune.com/en/saudi-arabia-joins-the-wrong-blockchain/ stating ‘Saudi Arabia joins the wrong Blockchain…’, well that is merely a matter of opinion. You see the CBDC (aka mBridge) is a digital currency that is controlled by banks. It is under control by China (read Tencent) and is a system that runs next to swift. It could rival it over the next few years and moreover could overtake swift too (speculative view by the writer, aka me). The involvement of Saudi Arabia implies “The kingdom’s integration into the BRICS club is far from trivial. Member countries are clearly expressing their intention to purge the dollar from their exchanges. The arrival of the Saudis could mean that Saudi oil exports to China could one day be conducted via the mBridge blockchain, in yuan”, implies is as I word it, but the implications as quoted is the first major dent into the ‘settings’ that could take a lot of Wall Street out of the frame, again this is purely speculative. Another source, Forbes gives us (at https://www.forbes.com/sites/digital-assets/2023/08/24/bitcoin-vs-cbdcs-analyzing-universal-access-in-digital-currency/) ‘Bitcoin Vs. CBDCs: Analyzing Universal Access In Digital Currency’, which they gave us last August. They also give us “The digital cash revolution was spearheaded first by bitcoin and then by other cryptocurrencies, which has led to the birth of Central Bank Digital Currencies.” This is followed up by “it’s the rise of CBDCs and cryptocurrencies that may represent the most transformative phase in this evolution.” I think that is the larger issue. I don’t trust Bitcoin, not because of the digital setting, but the picture that it is not supported by any coins, or gold make it a virtual currency. ‘Everyone’ is on board for what they think it will bring. But the larger picture becomes that a virtual setting could from today ($62,730.9037) and when it goes to $50,184.7258 tomorrow (worst case scenario) there is nothing stopping it, moreover I reckon that all these pensioners hoping to get rich of this, this downfall will result in lots of pensioners ending with nothing. That was the fear I alway had. This is why I do not trust it. The CBDC (mBridge) is as said cemented in “the country’s central bank.” Forbes also gives us on the of the 23rd of June (at https://www.forbes.com/sites/digital-assets/2024/06/23/cross-border-cbdc-focused-project-mbridge-moves-forward/) “For more than three years, the Bank of International Settlements (BIS) and the central banks of China, Hong Kong, Thailand and the United Arab Emirates (UAE) have been working on a cross-border central bank digital currency (CBDC) project known as mBridge. In a nutshell, the project aims to improve efficiency, speed and transparency in cross-border payments.” It is the transparency that matters and the fact that it is under control of a nations central bank. This implies that banks are ultimately responsible for issues, with Bitcoin this is anyones guess. The text “MBridge recently took an important step forward with the completion of its minimal viable product (MVP) stage and the decision by Saudi Arabia to join the project.” You see this means that mBridge would be getting support from places like Aramco and China with their Yuan. This puts the USA on a slippery slope (commercial wise) if the oil dollar pushed to nowhere, the Yuan will gain strides of upgrades. Additional we get “According to China’s Digital Currency Research Institute (DCRI), mBridge transactions take seven seconds and cut cross-border payment costs by 50%.” I believe that the 7 second delay is only applicable to cross border issues and I do believe that this is a temporary delay (before the first upgrade a time upgrade), the reducing of cost by 50% would be cheered by all sides of the equation (probable with the exception of Wall Street). The article ends with “but risks to the initiative will rise sharply if it becomes seen as part of broader U.S.-China competition” a political setting, but as that rises the USA (and optionally the EU) will lose a lot more. For the most the people are fed up with the American bully tactics. It is hurting their pocket. Consider that a decade ago where everyone copied the narrative “Washington officials began warning of Huawei’s ability to embed spying capabilities in its gear” but never was any EVIDENCE presented by anyone. We get setting like ‘could’ and ‘the possibility arises’’. The former director of German intelligence stated to Deutsche Welle that they didn’t understand that technology. So where is the evidence? America presented a case that was settled a decade earlier. China has issues with the US and EU. This is their shot across the bough. And it is one that matters. With billions in revenue gained, with the BRICS setting and with a setting that could replace the oil dollar with the Yuan, Wall Street would lose a lot. So whilst the American administration begs for cheaper oil, all whilst they pretty much shot themselves in the foot. 2025 and 2026 might prove disastrous for both the US and EU. The EU will accept the mBridge solution a lot earlier than the US would and when the Bitcoin loses 20% or more in value. Many pensions will be reduced to zero. It was the risk of a decentralised system with no foundation in any bank or in a commodity like gold, but that is merely my point of view.

Enjoy today, it is still yesterday in Vancouver and Toronto. 

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November 30, 2021 · 22:49

Notice not given

We get that, we sometimes do not inform people. Yet in a stage where lives are in danger, where lives are on a stage where we cannot say whether they live or they will die. Is it moral, or even justified not to inform the people?

That was the setting we have seen in the last few days. I took notice to some effect, but in a stage where I have no influence, I merely set myself into some setting of a wait state. Awaiting more information before I take a larger stand against or for something. 

So the BBC gives us (at https://www.bbc.co.uk/news/world-africa-59453842) 22 hours ago ‘South Africa’s president calls for lifting of Omicron travel bans’, you might want to say that is fair, but is it? Consider “Cyril Ramaphosa said he was “deeply disappointed” by the action, which he described as unjustified, and called for the bans to be urgently lifted”, unjustified? How about informing the people and the experts of the larger setting that omicron forms? The Dutch NOS gave us (at https://nos.nl/l/2407414) ‘Omikron is in the Netherlands, many questions on this new variant’. As such 13 of the 624 passengers have the omicron variant, so the Dutch get a plane full of the people and no one thought of making sure that these people do NOT travel? And when we see “Little is known on the omicron variant”, as such the other message on the BBC (at https://www.bbc.co.uk/news/world-africa-59463879) where we see ‘No need to panic, South African minister says’, I think he has got to be out of his fucking mind. And even as we see “The heavily mutated variant was detected in South Africa earlier this month and then reported to the World Health Organization (WHO) last Wednesday”, and how come the Netherlands are seemingly in the dark? The variant is seen in several nations, so it is clear that a travel ban needed to be more complete and a lot more shown across nations. It is now in Australia, Austria, Belgium, Botswana, Canada, Czech Republic, Denmark, France, Germany, Hong Kong, Israel, Italy, Japan, Netherlands, Portugal, South Africa, Spain, Sweden, and United Kingdom. We are told that the Ditch cases come from South Africa, I cannot tell if the other nations have the same origin. Yet the stage of a new version in this many cases and South Africa crying on lifting travel bans is just too ludicrous to consider. The larger question remains. How did this variant gets out so far and so wide? I wonder if we ever get a clear answer to this. 

And when we see “South Africa reported 2,800 new infections on Sunday, a rise from the daily average of 500 in the previous week” we see a larger setting. It is not sure how this version got to be, but South Africa has been instrumental to allegedly spreading it all over the globe. In addition, the NY Times reports that scientists are trying to find out whether the current vaccines can stop Omicron, it seems that they do not know. So as such the response we see in the BBC article “Cyril Ramaphosa said he was “deeply disappointed” by the action, which he described as unjustified, and called for the bans to be urgently lifted”, is complete BS. If anything the travel ban should have ben imposed a lot sooner then it was. 

In addition, when we see “Salim Abdool Karim said he expected the number of cases to reach more than 10,000 a day by the end of the week, and for hospitals to come under pressure in the next two to three weeks”, which now implies that several nations will be in serious trouble soon enough. In this Salim Abdool Karim is the South African government adviser and epidemiologist. And from those assessments, there wee see a government person stating that the travel ban is unjust? Go cry me a river (please).

A stage that might not be blamed South Africa, but in light of what we see, I reckon that Cyril Ramaphosa needs to be clearly considering that the rest of the planet is considering that it was unjust that he let this variant spread on such a global stage. And this is not the first time that governments are slow to react, or to impose clear restrictions. Well on the upside, if this kills off another few million people the unemployment issue will be largely solved, optionally housing issues in metropolitan areas might be solved too. 

And there is a larger stage that will be there soon enough. How many houses/apartment will not be sellable until it has been biologically cleansed? How long until COVID statistics are part of the reporting governments? These are a few of the notices not given, but governments (always eager to blame someone else) might not get a choice here. If COVID is an impediment on commerce, the reporting of COVID will be regarded as important and there will be government needs to belittle related issues soon thereafter. 

What a nice week we are heading into. 

P.S. There are no numbers from Russia, China, Egypt, Qatar, UAE and Saudi Arabia. It is possible that they avoided this risk, but I do feel it is too soon for them to howl hurrah! Especially as the World Cup in Qatar started this week.

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November 11, 2020 · 21:10

Brother, can you spare a clue?

Yup, we all need clues at time. In some cases it is a simple as a vowel or a consonant, a stage where the word is still hidden to us. At times it is a clue to a larger picture, like the Guardian giving us ‘Biden to Trump – you’re embarrassing US’, now I am no Trump fan, yet the elections are not called yet in two states (31 electoral votes), we are optionally facing a recount in Wisconsin and Arizona (21 electoral votes), and there we see the larger difference, it is up in the air who becomes president. The media is shouting and screaming that Biden has won, which would be nice, but I deal in certainties and this is not certain. Georgia is leaning towards Biden, North Carolina is not. Yet until these two are officially called this race is still on. We can scream ‘count every vote’ and I support that, but not all the votes have been counted yet and there we have the larger station.

Then we see China optionally requiring a legal clue, we see this in BBC article ‘Hong Kong disqualifies four pro-democracy lawmakers after China ruling’, a lot of us might go all huffy and puffy, yet does that remain when we see “The expulsion came moments after Beijing passed a resolution allowing the government to disqualify politicians deemed a threat to national security”, as well as “China’s National People’s Congress Standing Committee says that lawmakers should be disqualified if they support Hong Kong independence, refuse to acknowledge China’s sovereignty, ask foreign forces to interfere in the city’s affairs or in other ways threaten national security”, a setting that is open to interpretation. Especially when I consider “Freedom is the non-negotiable demand of human dignity; the birthright of every person—in every civilisation. Throughout history, freedom has been threatened by war and terror; it has been challenged by the clashing wills of powerful states and the evil designs of tyrants; and it has been tested by widespread poverty and disease. Today, humanity holds in its hands the opportunity to further freedom’s triumph over all these foes”, which President George Bush gave us from the White House in 2002, it comes in context with The National Security Strategy (NSS) which is a document prepared periodically by the executive branch of the government of the United States for Congress. It sets a tone towards the outlines the major national security concerns of the United States and partial methods on how to to administer these plans for dealing with issues. The legal foundation for the document is spelled out in the Goldwater-Nichols Act. The document is purposely general in content (read: Ambiguous), and its implementation relies on elaborating guidance provided in supporting documents. Both are choices in execution the need for a national security. Did you actually believe that the stage where Britain obtained a 99-year lease of the New Territories in 1898 was the end of that? After WW2, 50% of that lease period was surpassed, what did you think was going to happen? China giving up on the most profitable region in history? It is emphasised when we consider the Conversation giving us a year ago “Since 9/11, American domestic and international security policy has been focused on individual terrorists, terrorist groups and rogue countries as the primary threats. The country’s defensive response has been focused on the military and law enforcement capabilities. That’s natural, because the military knows how to shoot, drop and launch things at threats like that. And those dangers still exist”, do you think that China was not doing that as well? Since 2000 almost 100 attacks (mostly lone wolves) have been nipping at the heels of the USA, do you think that China is waiting for an attack? It will be minimising risk and Hong Kong is seen as all risk. 

Yet these matters are out in the open, there is a whole range of issues the remain in the dark, in the US, in China, in the Middle East and in Russia, each having its own baton of transparency, each having a different working method and in position we see the media pushing buttons and giving a partial view whenever possible, they too have their share holders, their stake holders and their advertising needs, it does not help many of us getting a clear picture. Consider the AP 4 days ago when they gave us “On Saturday, Biden captured the presidency when The Associated Press declared him the victor in his native Pennsylvania at 11:25 a.m. EST. That got him the state’s 20 electoral votes, which pushed him over the 270 electoral-vote threshold needed to prevail”, which is by all accounts a fair call, but the votes are not counted yet, the 31 out in the open and the end result could become Biden 276-Trump 262. This is an awful close call to be celebrating when votes are still being counted, one contested state is all the is required to show is all overboard and Wisconsin with 10 electoral seats might get us Biden 266 – Trump 272, that is the ball game. This is where it is at and the previous stage will be abandoned by so many it will scare you. You see, I am no Trump fan, and the chaos will ensure that the US will see several attacks, it infrastructure is massively undercut, its resources strained in the wrong directions and we are all screaming: Biden save us, all whilst the stage is not yet set, a stage that the Lone Wolves are really liking at present. Consider Savannah Georgia, Long Beach California, Seattle, Houston and South Carolina, they all have something in common and they neglected a lot in the last decade, the finds were not there. So when problems come calling the American people better have a real focal point instead of the reds versus the blues, we saw how that happened in Gangs of New York, how did the city fair there? It was set to Herbert Asbury’s 1927 nonfiction book The Gangs of New York. Yet what set it all apart, how do you remember the New York City draft riots? You think it does not relate? Consider that it was the moment when the population of New York fell below 11,000 and the area’s demographics changed pretty much forever as a result of the riot. You think that the second time around it will be better? When the reds versus the blues come calling instead of uniting, the US stands to lose a massive amount more from the start and this time around nationwide. I agree, it does not help when one of the players isn’t the sharpest tool in the tool chest, but the stage needs to be secured, China did it from the start, here we see a stage that is open for all with a gun and a loud mouth. Still thinking I have gone coo-coo? Consider ‘Three-quarters of Americans fear post-election violence and riots, Independent reveals’ (at https://www.independent.co.uk/news/world/americas/us-election-2020/election-results-2020-riots-trump-biden-b1700559.html), a stage given to us 2 days ago. That stage still exists, and it still holds water and there is the larger danger, not the rioters, but the opening the they give the lone wolves waiting for a signal. We are given “Such fears appeared directly linked to Americans’ concerns that it will not be clear by 4 November who won the presidential race”, now consider that one week later this issue is still in play. I watched two states remaining at 99% for 3-4 days, so what is hampering the final count? 

As you can see, in light of the unknown and there is quite a lot of it, brother, can you spare ME a clue?

Oh, and I was not done yet (well, not completely). You see, the Goldwater-Nichols Act is the foundation of a larger issue (at https://apps.dtic.mil/dtic/tr/fulltext/u2/a525942.pdf), you see when we consider “Goldwater-Nichols may have made DOD more efficient but at the cost of civilian control. It has also politicised the Armed Forces. Like the law it replaced, it has created a national military command structure that ignores the separation of powers. The amended National Security Act has consolidated dispersed powers into one office, unintentionally establishing conditions under which an imperious Secretary might abuse them”, as such we can surmise that the US will be under a larger version of exposed danger until the 19th of January, 2021. You did not actually think that these lone wolves are sitting on their hands, did you? The danger is not red versus blue, it is those seeking an advantage during that time and as I personally see it, the US is not ready to deal with that danger.

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January 30, 2020 · 14:03

Just like in the movies

Steven Soderbergh made an interesting gamble in 2011, he took a collection of all cast stars and wrote about a fictive disease and the issues that the would would have dealing with it. Today less than 10 years later we see ‘death toll jumps to 170 amid evacuation delays for foreign nationals‘, as well as ‘returning Britons could be kept in quarantine for 14 days‘ and many more. This morning I saw a staggering amount of people with face masks. All fearing what could come next. Steven Soderbergh was an optimist. 

Frances Mao (BBC, https://www.bbc.com/news/world-asia-china-51290312) writes “For over a week now, the Australians trapped in Wuhan – many of them children – have been calling on their government to help get them out. But the announcement of a two-week quarantine on Christmas Island have given many pause for thought.” It is a nasty thing, especially for Australians and their view (as well as the UN view) on Christmas Island, a place where you go when you stop believing in any form of Christmas. 

For the UK (the Guardian) we see “Planners earlier looked at holding returnees at a hotel or military base. But, after an emergency Cobra meeting on Wednesday afternoon chaired by the health secretary, Matt Hancock, it is understood that they will be flown into RAF Brize Norton in Oxfordshire and taken to an NHS facility to be monitored and treated if symptoms develop“, the issue is not who gets treated and who gets flagged, the issue is actually all the people who circumvent the flags and who avoid scruples as they claim that they are not sick. In this case it is a much larger issue, most people become spreaders even before they realise that they are sick and that is a decently rare occurrence in medical matters. The fact that we saw Yesterday ‘The death toll from the virus has risen to 170‘ is only part of the problem. The optional fact that we see less than an hour ago the simplified facts that ‘the number of infections jumped by nearly 30 percent‘ as well as ‘China Now Has More Cases Than It Had of SARS‘ (source: NY Times) implies that it will not merely hit healthy people, it will be the foundation of fear mongering, which the movie Contagion showed was counterproductive.

And my case of ‘the people who circumvent the flags‘ was not academic, Japan reported 30 minutes ago that they had 11 cases, so how long until that one person overlooked has infected their whole neighbourhood? The issue is not fear mongering or academic, there is every chance that this is happening and there will be a larger issue following that. CNN gave a link to the Coronavirus map in China and it shows that it is confirmed in 20 locations ALL OVER China. This implies that there are in addition to this at least 5 more locations unconfirmed and optionally a dozen cases on the run (read: travelling) with no indications where to and how many that they will infect. And even as most will herald the Johns Hopkins University’s Center for Systems Science and Engineering for this map, how many are afraid to be on this map? Because their fear will propel the disease to healthy regions. It is hard to continue because of the fear that I become the fearmonger. I also want to be clear that my response is not as a critique on the China’s National Health Commission or the CCDC. the fact that we were seeing 6,000 cases (infected) on Wednesday and that we see a global number that surpasses 7,800 cases one day later gives rise to the thoughts I am having. Now we need to be certain that we also accept that there will be a percentage which are false positives, those with a normal flu, giving rise to a larger boost to the numbers. Even as I accept that this percentage is not to be speculated upon and that we need to be savvy of all cases, there is still a growing chance that people avoided being flagged and flew just before the curtain thinking that they were clear and that they would deal with their flu over the weekend. That is the stage we need to fear and the escalation of thousands of cases. 

Even now as we are told that Tibet has its first case, how many did this person infect? We see countries and numbers, but the truth is that there are cases in Hong Kong, the United States, Taiwan, Australia, Macau, Singapore, South Korea, Malaysia, Japan, France, Germany, Canada, Vietnam, Nepal, Cambodia, Finland, Sri Lanka and the United Arab Emirates. Each country where one person stated ‘Not me, I merely have a cold‘, that person will infect dozens more each day. That is how a pandemic starts. Let’s be clear, the term pandemic means an epidemic of disease that has spread across a large region (including multiple continents). In support we should also see that  a widespread endemic disease that is stable in terms of how many people are getting sick from it is not a pandemic. With the Coronavirus, there is still no vaccine, there is no cure and its growth is almost like wildfire because of panicking people getting away from this disease whilst they spread it, most importantly they were carriers even before they were sick, so fear was not the instigator. In all this there is one additional fact that the New York Times gave us “Taiwan, Germany, Vietnam and Japan had patients that had not been to China“, which gives rise to the fact that unflagged people were involved, or even scarier, as this started with animals, we need to consider that the issue is larger than we thought. It needs to be clear that this Coronavirus is NOT new, it was discovered half a century ago but in all these cases, it was animals that infected humans. In several cases we see the fingers pointed at the Huanan Seafood Wholesale Market, yet Science Magazine published on the 26th (Jon Cohen) that ‘Wuhan seafood market may not be source of novel virus spreading globally‘, there we see “a description of the first clinical cases published in The Lancet on Friday challenges that hypothesis” this comes from a large group of Chinese researchers and here we see “In the earliest case, the patient became ill on 1 December 2019 and had no reported link to the seafood market, the authors report. “No epidemiological link was found between the first patient and later cases,” they state. Their data also show that, in total, 13 of the 41 cases had no link to the marketplace“, and here we see that Daniel Lucey, an infectious disease specialist at Georgetown University seems to agree with the assessment, 13 out of 41 is too large a group to ignore. In my personal view it is not impossible that there is a covariant, if we consider that spreading happened before the personal marie celeste’s realised that they were sick, would it be possible that a busdriver was the link that was missing?

And it is here that we see the part where I went for and Science Magazine (at https://www.sciencemag.org/news/2020/01/wuhan-seafood-market-may-not-be-source-novel-virus-spreading-globally) gives us “the virus possibly spread silently between people in Wuhan—and perhaps elsewhere—before the cluster of cases from the city’s now-infamous Huanan Seafood Wholesale Market was discovered in late December“. A silent interference on data. When we realise this we need to consider and agree that this is not fear mongering, it is almost hard chiseled facts that lead us here and as such watching the movie Contagion a little late is not the worst idea to have. 

And it is that same magazine that gives us another part “Earlier reports from Chinese health authorities and the World Health Organization had said the first patient had onset of symptoms on 8 December 2019—and those reports simply said “most” cases had links to the seafood market, which was closed on 1 January” a situation that slowly took hold all over the world and this is the stage we now have and whilst officials are all about positive influence and flying home the ‘healthy’ people, they will optionally be the group spreading a much larger foundation of the disease. I say optionally, because there are clear foundations for testing, yet it is Bin Cao of Capital Medical University,a pulmonary specialist, wrote ““Now It seems clear that [the] seafood market is not the only origin of the virus,” he wrote. “But to be honest, we still do not know where the virus came from now.”” and there is the killer in all this ‘we still do not know‘ in a stage where we are given ‘a common source—as early as 1 October 2019‘ that is the foundation that eludes many of us and in hindsight when we consider the international infected, how many escaped a flagged view and how many did they infect? That is the question that officials need to have (and they might), yet we do not know and whilst we are all about ‘How can UK citizens leave Wuhan amid the coronavirus outbreak‘ yet the damage is optionally already done.

I do believe that there is no solution in fearing and burning at the stake anyone who has a cold (I have a cold at the present) yet the foundation of fear must be stopped in any way we can. For the simple reason that ‘My anxiety is increasing day by day‘ is not merely a Wuhanian expression, it is soon optionally to be a global one until we can give rise to clarity on where the disease is and until the vaccine is ready, the bulk of all people will be gripped by fear, just like in the movies.

 

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January 29, 2019 · 10:56

Does smoke mean fire?

We have all heard the expression before: ‘Where there is smoke, there is fire‘, yet what happens when no fire is found, what happens when certain involved parties are all combined in the need for deception?

That is the question; it is not a direct accusation, as I am not aware of all the facts. I am merely in possession of a whole heap of doubt. The latest is given with: “On Thursday, communications giant Vodafone said it is pausing the deployment of new Huawei equipment in its core networks across the globe. The core networks are particularly sensitive as if they are compromised, mass spying can be conducted across them“, the operative part is ‘if they are compromised‘, there is no evidence, there is no case, it is merely Vodafone sucking the proverbial addendum of America. This comes with the addition of “the University of California at Berkeley and UC San Diego — are removing Huawei equipment and shunning its cash. They apparently don’t want to lose funding under the terms of last year’s National Defense Authorization Act (NDAA), which banned federal funding recipients from using certain products and services“. The mess is increasing and the whole fiasco is all connected to the fact that there is no evidence. At least with Alex Younger (MI6), the premise was that no government should be allowed to be in an optional point of weakness through foreign technology. I do not believe that was the cleverest step to make, but we can argue that it should be seen as a valid national reason, which is fair enough.

There is of course concern in opposition and the Guardian gives is (at https://www.theguardian.com/technology/2019/jan/27/huaweis-problems-deepen-as-western-suspicions-mount) with: “Critics say Huawei’s rapid expansion is suspicious. Founded in 1987 and focused on selling telecom equipment in rural areas of China, it has grown into the world’s largest supplier of telecoms equipment and second largest smartphone maker. It operates in more than 170 countries, employing about 180,000 people“. OK, I am willing to give that thought, because there is suspicion on that level, yet there is also Facebook, it grew to a multibillion dollar behemoth in less than a decade. At least with technology there are supporting investors when they comprehend the technology and it has been clear in the last 10 years that Huawei was ahead of the curve. My initial assessment in 2014 was that Huawei would soon have at least 20% of the mobile market. I was laughed at by several people, now when I remember them of their short sightedness, they seem to react in denial with statements like ‘I don’t know what you mean‘ and ‘Well, you should have communicated it better‘. Although I did state that ‘Huawei will soon have well over 20% of the mobile market‘ seems to have been clear enough. Now they surpass that with a comfortable distance, and they are not done growing. When I initially discussed my $2B IP idea there were only two players. Google and Huawei, now my benefit to only consider Huawei will have a few more tactical benefits as well as leaving me with a larger slice of that cake which I find appealing as well. that is beside the point of me sticking it to Microsoft and Apple to show them how stupid their path of iterative technology was, in addition, if Huawei pulls it off, it will create a very new cloud technology based growth system. they will do so because all these jokers who are hiding behind ‘security concerns‘ will soon learn that evidence is still adamant and the people are finding out that getting sold short for the benefit of specific Telecom operators come with a massive price tag.

So I found a way around it and create a second system that avoids them altogether, that also means that these players will lost on terabytes of data per day making their losses increasingly uncomfortable. I do have an issue with the quote: “Ren went on a media blitz, breaking years of silence to say the company has never engaged in espionage on behalf of Beijing. “China’s ministry of foreign affairs has officially clarified that no law in China requires any company to install mandatory back doors. Huawei and me personally have never received any request from any government to provide improper information,” he said” I have no doubt that Ren Zhengfei is speaking the truth, yet I am also aware that someone like Chen Wenqing will never knock on the door of Ren Zhengfei, he will find a way around it and get what he needs in another way. By the way that same picture applies to Gina Cheri Haspel and General Paul Nakasone and their links to Microsoft, IBM, Facebook and Apple. You better believe that they are very much on the same page when it comes to their national security, your rights be damned (when National security is discussed).

So let’s not have that pot, kettle and black conversation, shall we?

Then we get to the trade secret part of it all. Oh, and before you get any crazy idea’s. Perhaps you have heard of how in the mid 60’s Israel, through Mossad acquired (read borrowed) the blueprints from the French and when the ban for Israel was clear, they producing an uncanny identical likeness of the Mirage 5, I believe it was called the Nesher, with technical specifications for several main parts to be as perfectly identical as a fingerprint. We were not really that surprised when it happened, yet what was less known was that some documents in the mid 90’s implied that the CIA was very aware of it all before the operation was completed, which shines a light on their need of what they regard to be a trade secret.

This part is important when we realise that the accusation reads: ‘conspiring to steal trade secrets from T-Mobile US Inc.‘. The question is: ‘What Trade Secrets?‘ You see Huawei is a lot more advanced than T-Mobile. Perhaps it is what BGR Media LLC claimed with: “unscrupulous T-Mobile sales reps lie to customers and open lines on their accounts without permission, all to meet unrealistic sales goals“, which is interesting as this is not a think Huawei does, they merely sell hardware and services to companies, not to individuals. Or perhaps the EFF (Electronic Frontier Foundation) findings with: ‘EFF Confirms: T-Mobile’s Binge on Optimization is Just Throttling, Applies Indiscriminately to All Video‘, so how is any of that interesting to Huawei? So what exactly is the formal brief for the case? You see, the media does not divulge that, they give us all the innuendo but not the facts. And when it comes to the accusation ”Huawei used a Hong Kong shell company called Skycom to sell equipment in violation of the US sanctions in Iran“, which might hold water (I actually do not know), yet if the US is unwilling to set that stage by “The U.S. has agreed to let eight countries — including Japan, India and South Korea” to let the Iran sanctions be waived, why are they so specific? Is it merely because their financial and economic setting demands it? How is that proper sanctioning? All that, whilst the media at large is not making any mention of the other 5, we need to see that the entire Iran Sanction is to be seen as a cloak of corruption, if that was not allowed, the oil price would suddenly soar and at that point the US economy would be in deep drenching goo, is that not an interesting side as well? Or perhaps a better clue on how Cisco, Sun and HP equipment makes it to Iran without any hassle, an event that has been going on since 2012, so in all this, the entire Huawei discrimination debacle reads like a joke.

to be quite honest, if there was an actual security issue, I would go after Huawei without a moment’s hesitation, I know I can best Director Igor Kostyukov (GRU), yet going after Chen Wenqing, a man who eats, dreams and lives by the Art of War and optionally one of the few people on the planet whose eyes have seen the actual original version, he would be a lovely challenge for the likes of me. I am no Steinitz, Karpov, Kasparov or Carlsen, but I could be a crazy Bobby Fischer, he’ll never see me coming! (OK, that was my ego talking for a second).

You see, I look beyond the data, beyond what people and politicians hide behind and the entire Huawei mess is a political play of nepotism and fear, because those getting momentum in 5G will set the pace and win the race, that is what America fears it was that simple all along. That truth is easily found, the orchestration (read: rigging) of what would be global 5G rules and the FCC of setting a different stage, the non-accountability of AT&T in all this and that list is growing almost on a daily basis, it gets to be more interesting now that the Democrats from the “Leaders of the House Energy and Commerce Committee sent a letter to the Federal Communications Commission today demanding information concerning possible coordination between FCC officials and carriers in an ongoing legal fight” (source: the Verge) and a few more like them. In the last 15 days we have seen more orchestration and the setting of the stage with specific judges, to get a more appealing situation, when we see that part, we see that the technology gap in America is a lot larger than we think and it is setting the stage of fear against an advanced players like Huawei on an almost exponential growing path. America has seemingly no other optional left. That is why I saw from the beginning that places like Saudi Arabia could fuel exponential growth in 5G and making Huawei larger by the day. It also fuels the growth path back to Europe, because the moment Huawei proves that they have the good stuff, the EU will chose profit over short sighted American policies, because those policies do not pay the bills, profit does and the EU is desperate for any profit it can get.

Consider the billions of value of those networks and the billions of revenue that these networks make in addition through information, advertisement and data collection. America is starting to lose out because they were asleep at the wheel for close to 3 years, it is enough to miss out on an entire technology generation. That is the danger that iterative technology brings. For now I merely wonder what Google can do to stay ahead of it all, because their lives depend on the technologies that Huawei has, when Google search becomes less and less at the point of the spear, merely to be laughingly called Bing v2.1, how do you think Google will react? They optionally have the path to equal Huawei in a new network facilitating stream giving them additional revenue in a new dimension. We might initially think Saudi Arabia and Neom city in the pilot stage, yet that could so one thereafter evolve towards London, Paris and other places to grow strong and fast, because in the end all these policies sound nice, but they all forget the number one clause required. It all requires users and that is the part both Google and Huawei figured out a decade before the sheep (read: IBM and Microsoft) started to get a proper clue.

Too many intelligence wannabe’s focussed on Mark Lowenthal’s Intelligence: From Secrets to Policy, which is an awesome book, and when you consider the simple: “on how the intelligence community’s history, structure, procedures, and functions affect policy decisions“, which is also an absolute truth, yet behind what you would like to have, these people all forgot about the consumers and what they demanded to be their right, that is where their gravy train became another Titanic and the greed driven path went not by one iceberg, but it steered towards one every other hour making it a wreck in the making, the entire 5G debacle in the US is no difference in that regard and I will be around to laugh at those in denial thinking and parroting ‘security concern‘ on all the media without any proper cause or evidence to show for it. Oh, and I am not the only one, a whole score of cyber experts are on that same path, so I am not alone in seeing through the media stupidity, merely seeing on how much bigger experts like me are totally ignored on several levels giving merely the rise and early expectation to someone screaming in some policy department ‘Iceberg dead ahead‘, whilst none of them are qualified or sanctioned to alter course, going straight for the natural Whiskey coolant.

Life can be exceedingly entertaining at time, but for all the tea (and Huawei mobiles) in China, I never expected them to be this hilarious. Sometimes smoke is not fire, it is the steam of a ship striking an iceberg and going down. For those on that ship do not worry, the direct path to land is only 3800 meters away (straight down).

 

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November 24, 2018 · 12:16

The economic insanity

We all have our limits, we all have parts we look at it and it just does not make sense. I am no different in that regard. I cannot fathom how a business survives at times. We all get that. I grew up having to walk to the grocer, the butcher and the general goods store when I was young. I got beef from one, I got cabbage from the other, we even had a potato vendor on a street called Vierambachtstraat (Rotterdam); this potato man had half a dozen of different kind of potatoes, sweet, non-sweet, large and small. We would pick up a bag 3-4 KG and it would be more than enough for a week (household of 5). At some point he left us, he stopped, the grocer remained for a while, yet I was still around when he left and it was replaced for a record store. The general goods store had already left. You see, a Supermarket called Albert Heijn had taken over and the other stores could no longer remain there. The butcher remained, yet over time he too would fall away it is now a furniture store I believe. My house is still there, yet none of the shops remained, over time they were replaced by other shops, a mere sign of the times.

So when I was confronted with ‘Interserve shares fall as growing debt sparks fears over its finances‘, I initially merely glanced. An outsourcer called Interserve; it seems to be something trivial. That is, until you realise the part “The Company, which carries out building work and provides services such as cleaning, said debts would be between £625m and £650m by the end of the year, having earlier said debts would be £575m to £600m“. So even if we would trivialise all this, in which universe would a company have any chance to survive with an initial debts of ‘£575m to £600m‘? The fact that it will be fifty million pounds more should be the fuel to the fire. A company will be in debt for well over half a billion pounds and people are worried? Why on earth were the members of that board of directors and their children (and grandchildren) not sold into white slavery on a market in Marrakech? You see, I get it, any company will have downturns and we should allow for repairs on that, yet when a company is the pressure on the existence of small companies, whilst it act as a behemoth with a workforce of an estimated 75,000 people worldwide, we need to up the ante. These people are pushing the envelope hoping that they would be like any bank ‘too big to fail‘ leaving it up to politics and wheeling and dealing to get them out of the hot waters, to save and saviour their hot potatoes some might say.

Even as we see: “It comes a week after Interserve was forced to comment on the state of its finances, after shares tumbled to a 30-year low over fears it was heading the same way as Carillion, the rival outsourcing firm that collapsed in January“, was that not a wakeup call to set the stage to push for oversight much faster?

We are also introduced by Russ Mould, investment director at AJ Bell to: “Chief executive Debbie White and her team are clearly doing their best to steady the ship at Interserve but the admission that net debt will end the year higher than expected, not helped by how the cash inflow from the troubled energy-from-waste business will be lower than hoped, means the company has yet to reassure shareholders and potential investors about the key issues that face it.” I am not sure how we should see this, in view of: ‘how the cash inflow from the troubled energy-from-waste business will be lower than hoped‘. When should we accept ‘lower than hoped‘? That implies speculative investment with funds that they never had and playing the gamble card in corporate expectations. So when these debts hit full on, who gets to pay for that, the taxpayer? It is my personal believe that until the debt is gone, none of the board of directors should be allowed any income above £100,000 with in addition all bonuses scrapped until the company goes out of the red. In addition, there should be no weight to the claim: “Interserve, which provides a range of services for schools, hospitals and government departments across the UK, agreed a £300m rescue plan in March, at a time of heightened pressure on the outsourcing sector and in the wake of Carillion’s collapse under a mountain of debt.” From my personal point of view, they took jobs and under-priced them forcing the small fish out of the water of revenue, and then they use that shortfall to push taxation to zero whilst walking that path too often in too many divisions. That is how I personally see this and I might be wrong. Yet in all this, that is seemingly the path too many large players play it, undermining services for the longer time whilst the others have no option to get into the business. The government might like the short sold services as it looks good on their costing spreadsheet, yet when group of 75,000 people end up to the larger extent being unemployed, the damage will merely increase for all the parties involved. Russ Mould also gives us: “some investors would wonder why Interserve was waiting until 2019 to unveil a new plan designed to reduce debt, whilst the share price slide suggests the company’s situation remains acute“. In light of that we see the urgent need for players like that to suffer a lot more oversight, the withdrawal of all bonuses and capping of income. In a state where we see an escalating stage of danger to staff members on almost every level (I did say almost), we see (at https://www.interserve.com/docs/default-source/investors/financial-reports/integrated-reporting/2017/2017-full-year-pdf’s/governance-report.pdf) the mention of something I will address shortly, whilst we see (at https://www.constructionnews.co.uk/companies/contractors/interserve/interserve-ceo-set-for-125-bonus-for-2017/10030955.article). Can anyone explain to me how well over half a billion shortfall gives rise to: ‘Interserve CEO set for 125% bonus for 2017‘, you might think that this was merely last year, yet consider that one company has a shortfall of well over half a billion in one year. That does not happen, this has been going on for a much longer time and whilst we accept that any company gets to have a hard time, it seems utterly unacceptable that its board of failures in managing that get to go home with £525,897 (the bonus of Chief executive Debbie White) for 4 months of work and if things go really south, to sit at home on the sofa optionally watching Netflix and porn for 5 years whilst the market ‘restores’ itself. It gets to be even less tasteful when we also see: “This includes an annual variable pay (AVP) bonus of £270,089, which is 125 per cent of her pro-rata base salary of £216,667 since she joined in September 2017 – the maximum available under the AVP scheme” are you feeling betrayed yet? She should be regarded as HMRC positive and kept in isolation, removed from income until the company is again in the non-red numbers zone.

Was that over the top?

When we consider the first report which is 62 pages, we see that plenty of space was used to give rise to bonuses where three people get to go home (in a best case scenario) with £2.555, £1.593 and £1.168 million. In a setting where we see that a company minus zero setting, towards the one billion mark in the red, how is there even a case for a best case scenario? How is it that we see all kinds of share and cash deals whilst there is a real issue with this type of company? Should we not see a whole range of other questions holding the HMRC responsible for allowing this situation in the first place? Whilst the cheapest of the three (other executive director), optionally being a figure of speech for a lot more than one person the issue merely intensifies. Their minimum pay is £380K, which is close to 1,800% of the average annual UK income; giving rise that one year would enable a person to afford a person to go on a holiday for close to 10 years. I never had that option, not in two decades of loyal service, interesting how some people are just not held accountable for bad turns is it?

So whilst these high and mighty desk jockeys get to relax over Christmas, considering on how to tackle it all in 2019, as per ‘Interserve to roll-out £650m debt reduction plan‘, they will leave staff in pressure and under threat of being laid off. It gets to be even worse when they ‘hide’ behind “This deepened due to additional cash outflows on Energy from Waste as well slow payments in certain Middle Eastern markets“. If they have been there they know what the cycles of payments are. They know on what is to be expected. So if there is plenty coming in, there should not be an issue. When jobs fall through, it is known as well, so even as there is a slack from the energy from waste, it seems that merely lose statements are given and they might not hold water under accountancy scrutiny here.

As for the books

There we see that PwC are to be the financial advisors, some sources give rise to other parts. The independent report (at https://www.interserve.com/docs/default-source/investors/financial-reports/integrated-reporting/2017/2017-full-year-pdf’s/financial-reports.pdf) talks about ‘we’, but who is ‘we’? The report is 100 pages and it was set for the December 2017 point, yet there too we see a few things. If we are to accept certain previous statements, we see “We performed targeted procedures over component entities in Guernsey, Oman, Qatar, the United Arab Emirates, Saudi Arabia, Australia, Hong Kong, the Philippines and the United States of America. We performed analytical procedures over component entities in all other geographical locations“, so when we see the larger picture, how does the ‘Middle East’ reference hold water? This would imply they’re UAE, Qatar, Oman and Saudi Arabia customers. There are still plenty of other locations, even if it is largely weighted to those 4, the mention “as well slow payments in certain Middle Eastern markets” seems less valid. The shortfall of well over half a billion does not hold up, because if it was all due to investment, there would not be a shortfall to report, those debts are different. That is where the report on page 114 seems to give a little light. We see: “A further update was given to the market on 21 March 2018, indicating that short-term facilities had been extended for a further month to 30 April 2018. The Group announced that it had concluded refinancing negotiations and had arranged access to committed borrowing facilities of £834 million on 27 April 2018.“, on the other side of that page, we see: “assessing the appropriateness of sensitivities applied to the Adjusted Cash Flow Forecast to evaluate whether liquidity headroom and covenant compliance had been subjected to appropriate stress tests;” when they come up short by another £50 million, one might argue that either the stress test was wrong, or elements were unknown or merely ignored. I cannot tell what, why, who or which, yet it does not seem to add up.

So as that page ends with: “As a result of our work, we concluded that there were no matters in relation to going concern to which the ISAs (UK) require us to report to you“, I will offer that the news is giving us a £50 million reason proving that statement to be wrong (or at least partially). There is also increasing consideration that the auditing firms needs additional scrutiny, as jobs are handed over from one firm to another, there is the option that it speculatively gives rise to nepotism, as well as the danger that they all play the same game in what should not be required to be reported. The last is also highly speculative, yet the shortfall over 50 million as well as the debt surpassing half a billion proves me at least partially correct.

The question is how to move forward. There is a point of view that gives rise to a lot more than merely changing the laws towards outsourcing. There should be a long term accountability system in place, as it might all seem to be nice and correct on the balance sheet, the mere worry is that there is a long term impact. Should we see additional pressures where Interserve goes the way of Carillion, there might be a pressing point to start considering making that change. In an age of global accountancy where the costs are stored local, whilst indirectly the booked profits are staged to go to the land of the shareholder (wherever that is) we see an imbalance of accountancy that is seemingly all fine, yet makes no logical sense altogether. That might be one of the biggest settings that governments are facing in Europe and on a global stage.

Perhaps I will take tomorrow to give you a clear picture on what I mentioned here in examples. At that point I will be bringing graphics to the table as well.

 

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November 10, 2017 · 18:14

Two streams, one view

As I see the news pass by, events shown on separate media, I notice myself wondering if my life had any meaning at all. I was young and I went to the Middle East in 1982, I would return in 83 and 84 only to learn that there was change. Terrorists like Hezbollah and Hamas were only small and Hamas rose as I would see in 1984, yet I thought that change would be inevitable. I saw Hezbollah as nothing more than pesky small minded terrorists, a tool to be used by Iran and Syria. Yet even as Lebanon was trying to move forward, there were signs in media and some places that the US needed Syria too much, in their case dealing with Saddam Hussein and as such many of us thinking we would fight for peace, we only fought for the borderlines that the US decided needed to be in place. It must have been the late 80’s, I was not longer in the Middle East and not all clued in towards the events of the day there. You see DARPA had not rolled out the internet at that point; ARPANET was not available for the audience at large. So today I see that the more things change, the more they stay the same. Now we see another push against Hezbollah. You see Saudi Arabia has had enough of those terrorists and is pushing back hard, it is also willing to push against Iran. I see two issues. One is that this issue will be bloody and even as we hope for the victory of Saudi Arabia there, there are more than just a few markers showing us that the three largest players (US, Russia and UK) are not completely in agreement whether the Middle East should have one clear dominant party. The issues in Iran, Egypt, Saudi Arabia, Libya and Kuwait that have been going on for half a century should show that. If that had not been the case Hezbollah and Hamas would have been little more than an inconvenience and they would have been dealt with a long time ago. So even as I see certain steps being taken I need to wonder if Saudi Arabia is pushing for a resolution, what will the larger picture show as it shifts. As that unfolds where will the US and Russia stand? What actions, or inactions will they use to leave the Status Quo in the middle east in a place called ‘as is’? The evidence for the longest time has shown that they pronounce whatever allies they have, but in the end, they only care for their needs and options. Now, this is not wrong or immoral, it is merely the way any nation plays its game. It is not a new game, it goes back even before Nicola Machiavelli thought it was a god idea to write down certain options for politicians to be.

As per Friday morning, we see: ““Due to the circumstances in the Lebanese Republic, the kingdom asks its citizens who are visiting or residing there to leave immediately,” a Foreign Ministry source quoted by the news agency said, adding that Saudis were advised not to travel to Lebanon from any country“, so even as we can merely speculate on what comes next, the onus is now pushed on Iran and what it is going to do with its terrorist ally Hezbollah. There is one opposing side which was shown by Reuters (at http://www.reuters.com/article/us-yemen-security-saudi-insight/deep-in-yemen-war-saudi-fight-against-iran-falters-idUSKBN1D91UR). With: “The dysfunction is a reminder to Saudi Crown Prince Mohammed bin Salman that his campaign to counter arch-enemy Iran in the Middle East, including threats against Tehran’s ally Hezbollah, may be hard to implement” we acknowledge that Iran has resources and skills and they are driven, both sides clearly are. In my mind, is the additional theatre (read: change of scenery) a workable factor? It does put larger pressures on Iran to get the logistics and goods underway, which will be their weakness to some extent. It is equally an issue how Russia will react. They might not openly act in this placement, yet the clear support to Hezbollah and as the times of Israel states: “the truth is that since Russia began its open military activities in Syria, Hezbollah fighters are also learning Russian methods of war, becoming familiar with advanced Russian weaponry, coming to understand the latest Russian technologies, and in some cases, actually fighting alongside Russian special forces“, we might comprehend the skills and training of the Spetsnaz Malcheks, or the ‘Войска специального назначения’ as they call themselves. In one part Avi Issacharoff omitted or decided not to implement one view in his story. In the end when the Spads are not holding their hands, Hezbollah remains what they were trained enthusiastic terrorists, they are only an army in the smallest sense of the total concept, this also means that as logistics falters, as support dwindles the armed Saudi forces will be more than a match and should gain the upper hand. Now, this can only play out if there is a stalemate between Russia and USA, because if the USA backs down and Hezbollah gets open on the ground Russian support, it becomes an entirely different slice of cake and all bets are off at that point. Only the Russians could push Hezbollah in way that the Iranians could never do. You see, if Iran enters the theatre the game changes as they become a clear and present danger to the state of Israel, their vocal insinuations made that so, so as Iran is trying to get a foothold whilst Israel has a few ways to counter them, we will see a more underground event of escalations where Iran is unable to counter a war they never have faced. You see their words (Iran that is) might look good on the news and on PowerPoint presentations, yet in the true data parks there is no setting, because in the end, this generation of Iranians have never faced anyone like Israel before and their faith in their own internal governmental presentations will make them even less prepared. So at that point it is merely a scuffle between Hezbollah and Saudi armed forces and in that equation there is no option of even a remote stalemate for Hezbollah. Is that the goal? I believe that Russia saw Hezbollah as a tool for what they needed, the US has always been hostile and Europe requires high earnings, so the ECB is very much not in favour of any outspoken hostilities against anything that can downgrade their earnings, so they are seemingly steering away from these events as much as they can, yet I will admit that is just me speculating on European events in this case. Even as London is more and more outspoken anti-Hezbollah. Amsterdam and Stockholm are not taking that path. In my mind it is the liberal multicultural flag that they embrace, in that atmosphere a group like Hezbollah can easily hide under this ‘veil’ whilst hating multicultural events as much as possible.

This again has speculative sides, but it is based on solid data and events. You might think that it does not matter, but it does. As more and more nations in their liberal mindset hold off on an actual war on terror, being it for economic or philosophical reasons. Not being part of it is equally a problem down the track. So as we move back towards Lebanon and Hezbollah, we need to realise that not only will this become ugly to a larger degree, there is every chance that unless certain actions are taken the issues seen in Aleppo will be seen in Aleppo too, there is just no way to tell to what extent. In this we can look at Survival Analyses (or listen to the song ‘as time goes by’), where the point in time and the prolongation of all this is the setting on just how much Beirut will look like Aleppo in the end, time is the only factor required here and the people in Europe know this. So as we see the news prepare on how there should be talks and there should be armistices, they all better remember that it was their need for status quo that is pushing the consideration for a terrorist organisation.

Who in Europe would have ever thought that support of a terrorist organisation would be the cool thing to do on September 12th 2001? So consider that and now wonder why Europe is, for now, again sitting on their hands or even contemplating siding to the larger extent with Hexbollah? Yet there is also good news because with the actions by JP Morgan to push into large chunks of the Middle East and more notably the push towards the Kingdom Holding Company. You might think it is not related, but it is. It gives the view that JP Morgan is a facilitator for setting maximised profits and these profits are not to go towards France. There has been a thought that the US is not commitment, but as there is profit in war, the clear fallout of any war is opportunity. It seems to me that the US wants to get as much profit out of that as possible, so as the dominoes are pushed into place, we see a situation where the media proclaims JP Morgan to be a mere financial advisor. I believe that to be incorrect. Even as Reuters reported “JPMorgan is in early talks with Saudi Arabian companies about overseas listings“, that might be true, but JP Morgan has been pushing itself and its ‘friends’ into powerful places where lucrative revenues are not set in millions, but in billions. I cannot answer whether Credit Agricole did the right or wrong thing, they are pretty clever all by themselves. I think that the Saudi issues in play now are pushing for polarising fields of options and opportunity on a global scale. In this case my view will be proven over the next 2 years as we follow the money. They question is where the source will be set and who gets to fill their bucket list from that well. when the options are returned in billions there will be plenty of players, although in this instance I believe that the outside opportunities (non-Saudi based companies) are offered to the friends of JP Morgan and them only, which is again a speculation. Whether I am right or wrong will be initially shown in the next 20 weeks.

There are however facts available to see that there is a direction in place. Reuters show on part (at http://www.reuters.com/article/us-jpmorgan-saudi/jpmorgan-sees-more-saudi-firms-looking-at-overseas-listings-after-aramco-idUSKBN1D7107), some might think that “He said listings in New York, London, Hong Kong or Singapore might help increase the liquidity of these companies and make them attractive for international investors, he said” is the part that gives the goods, yet it is the part not seen and more interestingly not implied that gives power to it all. The implied part is seen with “Commenting on the anti-corruption drive, Pinto said: “If it is done in the right way and for the right reasons it is good to do for the future of the kingdom.”” It is however only the first part. The news given with ‘Saudi Arabia detains 201 princes, businessmen in $100 billion corruption probe’ (at http://www.abc.net.au/news/2017-11-10/saudi-anti-corruption-probe-finds-$100-billion-embezzled/9136608). This was not a sudden part, this had been in play for some time. It was not merely the fact that at present 201 people are now in custody. Even as we see mention of Iran and the Lebanon pressures, we see that there is a larger play. His Royal Highness King Salman bin Abdulaziz Al Saud and Crown Prince Mohammad Bin Salman Al Saud have been on a path to get the nation reformed and moved away from oil dependency. In this the pool of plenty does not last too long when 100 billion get lost one handshake at a time as more and more people are connected to unlimited resources and wealth. As the press seems to be focussing on the crown prince and the ‘wild ride’ he created, there is a larger issue that is not too much in focus. No matter what the sceptics state, There is a clarity that Saudi Arabia is seriously considering that the age of oil is dwindling, as this happens they need to be able to push into other directions and they do have the wealth to create vested interests in pharmaceuticals, consumer goods, consultancy services and educational advantages. Forbes has had its share of articles on the matter, and whilst some look at ‘Saudi Arabia Looks To The Private Sector To Meet Growing Healthcare Demands’ it seems to me that 5G facilitation has much larger and more profitable sides as other providers are considering what to do, Saudi Arabia has the option to facilitate to the largest 4 cities and exceed in opportunity what Sweden has for its entire nation. When there is such a population (9.5 million) in 4 cities, there is an option to grow and grow fast. Now we know that there is a lively market already, but the idea that other services could be added grows the Saudi options to add markets and manufacturing opportunities through investment. I all this JP Morgan is potentially the spider in the centre of the web, growing in value and wealth from all sides at the same time. There is no way to state why Crédit Agricole walked away from those opportunities, but I feel certain that they did not walk away, the merely moved to a place around the corner. Even as the Financial Times (at https://www.ft.com/content/0e629bab-494c-34d0-8fe0-f71c8b089118) show mixed results, yet I believe that this French bank is moving into different fields, acquiring other banks and setting new goals. I have no way to tell on the why of it but I feel that moving away was only one as the clever people in this bank have agreed on a strategy that allows to grow faster and on larger fields. How?

We will learn this over the next 20 weeks. Yet no matter what is done and how the banks react is not a given, the direct dangers on how things escalate in Lebanon and with Iran seems to be crucial in all of this and I reckon that we will see the shifts quite soon. These shifts will not be through armed conflict, but will rely on the pressures and stresses that exist at present. In this Europe seems to take a ‘diplomatic’ stance (at http://www.ecfr.eu/article/commentary_destabilising_lebanon_will_only_strengthen_hezbollah_7235), yet with “Europeans should veer the other way, taking measures that aim to preserve Lebanon’s stability and governance structures, and to prevent wider conflagration. Iran is clearly a key source of regional instability, and Hezbollah has become increasingly assertive in Lebanon” it seems to advocate a path of inaction, 3 decades of inaction have shown that there is no solution on that path, a stream of casualties, of non-actions and broken promises. Saudi Arabia (and the USA) both had enough, and as Iran seems to be an annoying thorn in the side of Saudi Arabia, they have seemingly decided to take Hezbollah out of the equation. This will be interesting, because the moment Hamas and Iran realise that the gig is finally up, I wonder how must tearful pleads of ‘negotiations’ will be shown on nearly every soft hearted news channel on the planet. Perhaps a recollection of March 2016 is needed. With: “Hamas on Sunday sent a delegation to Egypt in an effort to beseech Egyptian security officials to stop destroying its tunnels out of Gaza. These terror tunnels, employed by the terrorist group for nearly a decade, are used to store weapons, smuggle supplies, and infiltrate enemy territory – Israel – as well as carry out surprise attacks in which people are killed and soldiers abducted.” (source: Breaking Israel News). It reads like “please let us be terrorists a little longer, we need the tunnels to do naughty things”. There is every chance that this falls on deaf ears, because as Israel is optionally no longer pressured in possible two front wars, they can fully focus on Hamas whilst Saudi Arabia will only have to deal with Iran after that. It will truly change the Balance of Power in the Middle East with Saudi Arabia as the only true power in that region, all because to a larger extent, Europe decided to remain in a self-imposed state of inaction. After three decades they still haven’t learned that inaction against terrorists will never ever lead to any solution.

Yes, there are a few elements of speculation from my side, but it is based on gathered facts and it I do not believe it is less likely on the balance of probabilities, it is merely one optional setting in a larger game that has been played for much too long.

 

 

 

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July 27, 2017 · 15:30

Mere consideration

An article was given today in the Guardian. We can argue in many ways, there is no ‘Yay’ or ‘Nea’, there is no setting that gives rise to anything wrongfully reported (at https://www.theguardian.com/world/2017/jul/27/cassie-sainsbury-to-serve-six-years-in-colombian-jail-after-judge-accepts-plea-deal). The question that formed in my mind was all about the previous part, all about the part ignored. The Daily Telegraph (at http://www.dailytelegraph.com.au/news/nsw/cassie-sainsbury-worked-as-a-prostitute-former-colleague-says-shes-a-compulsive-liar/news-story/e3897bc910b3c4d5d7f97d6b8eb406bc) states “the 22-year-old was a former sex worker who spent months working in a Western Sydney brothel in the lead up to her ill-fated ­Colombian trip“, another source gives us that she worked for Club 220. It does not make an impact, what does give us the goods is that this 22 year old went to Columbia of all places. I have nothing against Columbia, I worked with the Colombian presidential guards in 1982, all dedicated to their nation, a little fanatic, but all believing in what they did. Yet as a tourist, Colombia would never be on my list. Rio might (not too likely), yet Buenos Aires definitely would be on my list. Still from Australia that is not the most affordable trip. The cheapest was $2400 return whilst Buenos Aires is offered at $1750, all this whilst Jakarta is merely $270 away. Now, she might not like Indonesia, that’s fair. Yet in all this, Colombia is not the actual most desired place to go to. Some, especially those with connections would feel different and that is fair too. In all this there has been very little reporting on the reasoning of the 22 year old and her choice of travel. So as the Sydney Morning Herald reports “The plea bargain was then explained: if the deal was accepted by the prosecutor, the defence and the judge, Ms Sainsbury would be sentenced to 6 years of prison instead of the potential 30 year sentence if she was found guilty” sounds nice, yet in all this, the deciding players behind this, the elements do not add up. How long until we get scores flying to Bogota, because the coffee is just so much fresher in the place where the beans are plucked. We need not wonder on the validity of choice, merely accept the freedom to choose. It is a point of view we can agree with to some extent, yet questions still rise.

Even as we seem to focus on: “the judge asked Ms Sainsbury if she had been coerced into taking the plea deal“, I wonder how a plea deal is coerced, is a plea deal not the best option she could have hoped for? Was the option to stay in prison for 6 years, or be forced into 30 years? It would be the other way round and as such, how much arm twisting would be required? When we see “Ms Sainsbury was caught at Bogota’s international airport in April, trying to smuggle 5.8 kilograms of cocaine inside 18 separate packages of headphones“, so how was this any good idea? To become an exporter of headphones, whilst JB-Hifi sells quality Sony headsets for $34 (and JBL for $50)? How was any of this a good idea? We know that according to urban folk tales that criminals tend to be not too intelligent, but this dim? Nope, I am not buying it! In addition adding 330 grams to a headset package; something like that gets noticed and real fast too!

In all this, the Daily Telegraph now becomes in addition a worry for Cassie Sainsbury in other ways too. We see this in the two quotes “a former colleague of Sainsbury, who told Nine News she worked with her at brothel Club 220 near Penrith, has accused her of being a compulsive liar who once pretended her mother had died from MS” and “The former colleague said she had donated money to Sainsbury to cover her mother’s funeral costs and was horrified to see images of her mother alive and well on television“. Another claim given is “According to the colleague, Sainsbury went under the name of “Claudia” and listed herself online as “19 years old … classy, fun and ready to please”“, which get us to the situation that if the reliability of the accused is found to be non-existing, there is the chance that the judge throws out the option of plea bargain as the defence of the accused was “she was “threatened” into becoming a mule by an international drugs syndicate“, if there was no threat, she becomes the instigator of smuggling for large profits and that sets her on that 30 year train ride to nowhere.

I found the quote “Sainsbury’s fiancé Scott Broadbridge maintained his partner was innocent during an interview with Seven’s Sunday Night program. He said she was employed by a mystery couple who paid her $1800 a week to travel the world to work for their cleaning business“, it is interesting as it is a better income than most people at ASIS get, and they get into a lot more hot water, being in better shape and having a near Olympian constitution and well above decent looks too, which applies to both the boys and the girls working there. All elements Cassie lacked (as well as other shortcomings in education and degrees), so which cleaning business is hiring people at almost $10K a month?

There is a level of befuddlement within me as parts of all these given items are accepted by media, the courts and apparently the gullible audience. In all this, the Sydney Morning Herald gives one additional Gem that the AAP seems to have missed. When we consider “Given that any amount over 5 kilos is considered “aggravated circumstances” and draws a higher penalty, Ms Sainsbury could be facing 30 years in Colombian prison“, so no matter who was involved, the issue of this element which could have been diminished by trying to smuggle 4.9 Kg instead of the 5.8Kg is showing to be an element, especially as the 18 headsets were already a joke, the difference of 50 grams per headset would still have been noticed, but overall, on the two elements (apart from the mindlessness of trying to personally export 18 headsets whilst you are competing against players you have no chance against), we see that there is an element of stupid greed coming in. When drug tourism relied on the elements of stupid and gullible (added with two tits and a vagina to make the package even more appealing), whomever was linked in all this, going for the lower threshold of staying below 5000 grams might have had another (read: better) impact.

This is not merely the limitations of a system, this is a different circus. The Australian Daily Telegraph is also giving us “Bogota hotel manager describes man whom accused drug mule says tricked her into smuggling cocaine“, in addition; the quotes given give additional light on the less factually given job with $1800 a week. The quote “Ms Hernandez saying she stood out at her hotel because she arrived without a reservation and paid for her accommodation only two days at a time“, would a ‘business‘ trip not be prearranged? How would the ‘cleaning business‘ continue without a clear itinerary as well as clear invoices? In addition to that, the quote which is seen in news.com.au “Earlier it was revealed the US Drug Enforcement Agency reportedly alerted Colombian authorities to their suspicions about Ms Sainsbury. “We found her because of an alert from the DEA [Drug Enforcement Agency],” Bogota airport’s narcotics chief, Commander Rodrigo Soler, told News Corp Australia” the entire mess gets another image entirely. If the given is true, not only is the entire mess as I personally speculate it to be a farce, there is every consideration that she was a 5.8Kg decoy for other parties to get out without a hitch. Consider the facts. She got into the hotel on April 3rd, left April 12th and got arrested on the airport. So in 9 days, she got approached, likely after a few days the ‘coercion‘ was made so in less than 7 days, a infiltrated drug ring got data to the DEA, the name and details forwarded to other parties so she could be arrested. So someone gave up $20,650 in goods (Colombian value of Cocaine), which in Australia would be $1.74 million. Is that what really happened, or was the actual catch to send two additional models (or a couple) each with 2,450 grams of cocaine (total value $1.45 million), whilst the total venture costed $35.5K and three plane tickets. It could just be me, yet when we hear screaming of a high profile drug dealer being caught on boarding the flight those getting of the plane in Sydney might have a lot more smooth sailing.

In the end, there is a chance that she was merely the patsy in this endeavour, whether it was a willing one or a coerced one is hard to tell, however the evidence is not in her favour at present. In light of all this, when we go back to Chapelle Corby who had a bag and a boogie board and decided to add more than the weight of a boogie board in Marijuana in a place that hates drugs with a passion, now we see equally less intelligent acts by a person nicknamed in the papers as ‘Ccocaine Cassie‘, yes, if all hedge funds managers were only that stupid the economy would have been in a much better place.

In my view, we cannot oppose the fact that the bulk of papers are merely reporting on what the AAP is giving them (read: reporting should be copy and paste), yet the ‘articles’ left me with merely common sense issues on nearly every level. In all this I wonder if the court and prosecutor had done their due diligence in addition to all this. Should we have expected more from the Australian Associated Press? They report themselves to be the “AAP is the media company that businesses turn to for news, information and publishing solutions. With breaking news firmly at our core, our vast range of products and services help clients connect with and engage their audiences. AAP is your integrated, simple solution“, yet the AAP made no mention of the 5Kg threshold and what is the verdict on both sides of that isle. In addition, something that was not on the list is the question on how many trips Cassie had been on since she turned 18? I would love to know how she got to decide on Bogota without knowing where else she had been, as that stands to the character of the accused. In addition, considering that the weight of a headset is around 200 grams, replacing that with in excess of 150% weight in cocaine seems even less intelligent. When we get an overdose of details on the lingerie of Kim Kardashian and a lack of facts and evidence in a reported drug hearing, the lack of questions asked all over the place is a little too deafening to my liking.

In all that, the valid words of immigration minister, Peter Dutton as we hear “People need to abide by the laws of that country. If not, they will face serious consequences,” might be well, but it falls on the ears of those stating ‘who the fuck cares?‘

This directly relates to the lack of visibility we see given to the defence lawyer of Cassie, in this as I see it, only the International Business Times gave any level of visibility to Orlando Herran. Here we see what was given to 60 minutes. With “someone on Craigslist offering a loan and a trip to London, she jumped at the opportunity. However, the itinerary was allegedly changed to Hong Kong, Los Angeles and Bogota“, how was that missed and changed to merely ‘a global cleaning service‘? Does this impede the reliability of the statements of the accused even further? That would be for the court to decide, but overall there has been a level of skipping that is just way too weird. In this the evidence also not reported on was who paid for the flight? Was it in cash (where was it paid) or credit card? All evidence not shown to the audience by the media either.

In the mere consideration here I see a failing on several sides and in all this there would be the required additional forensic digital investigation regarding the Craigslist as well, as it could be useful evidence. This entire event has too many holes and several unlooked places, especially when you consider that the DEA had its own role to play in all this.

 

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