Tag Archives: Jeff Bezos

Ruler of law goes metric

Yes, we all have settings that are part of us, for the most the rule of law is accepted by nearly all. But when do we realise that it is not that simple? There is the notion that this rule of law has an Imperial and a metric setting and that is the core of what we face today. I got my view from the Canadian CBC (at https://www.cbc.ca/news/world/us-khashoggi-lawsuit-dismissed-1.6676798). There we get ‘U.S. judge dismisses lawsuit against Saudi prince over Khashoggi killing’, s0 at what point does the US set the stage for events that took place in an alleged Saudi environment in Turkey no less? Lets look at the simple facts, Jamal Khashoggi is as far as I can tell a Saudi dissident, not an American citizen and I do not care what was planned. It never got to be. This person has gotten more ‘alleged’ assistance in a month than most American citizens have seen in a decade. Then we are given “U.S. District Judge John Bates suggested he was reluctant to throw out the lawsuit but had no choice given the Biden administration’s decision.” And I will get back to this in a moment. We are also given “Khashoggi was killed and dismembered in October 2018 by Saudi agents in the Saudi consulate in Istanbul” which is the supporting lie. You see, his body was never found, there is absolutely no evidence that he was dismembered, or killed. For all we know he is spending the rest of his days with his new mistress of 19 years old in a luxurious hotel on Bora Bora. It is equally speculative, is it therefor more wrong?

And we do take notice of “Attorneys for the U.S. Department of Justice said in a November court filing that the Biden administration had determined that Prince Mohammed, “as the sitting head of a foreign government, enjoys head of state immunity from the jurisdiction of U.S. courts as a result of that office.”” It is the stage that was always going to happen, there was no evidence of any kind, mere speculation and Daily Mail categorised forms of speculated innuendo that never goes anywhere. Lets be clear, I cannot prove the innocence of certain people, but I cannot prove their guilt either and a person is innocent until proven guilty. That is the law and there is no metrical version of that, it is imperial, it is black letter law and that is what the law is. The media wants you to forget this so that they can cater to the digital dollar a little longer. And you are the tool they are using for that. In the mean time Jeff Bezos (via Andy Jassy) denied himself an annual 6 billion and change going up to close to $30 billion in full deployment mode. This is the damage Amazon did to themselves and it is fine by my book, although a little less nice as the Kingdom of Saudi Arabia decided not to buy it either. My loss and I get that. But below all this is a stage where the US is in a lot more problem. You see, they desperately need the Kingdom of Saudi Arabia assist them with cheap oil and I have stated this before. Why would they do that? The US has proven themselves to be a fleeting and unreliable ally to say the least. Do not take my word for that, look at the victims in Yemen and Syria and ask yourself, what did the US achieve? Close to nothing and now that they are at the abyss, the hangman’s rope has a very uncomfortable feeling. And as I see it, should the Kingdom of Saudi Arabia want it and limit the shipments of Crude Oil by an additional mere 1 million barrels a day, the US will explode in a stage of anarchy, just before Christmas and that realisation is at stake. The US overplayed its hand for at least two years and now we see that anarchy could become the turnstile of events. So do not think this is something that President Biden started. This is the stage 4 previous administrations colluded under (sort of) and yes, former president Trump might be the only one trying to turn it around but it would have been too little and optionally too late too. The previous congresses made sure of that. They were all too ego driven to see that impact grow and grow. And before you consider the immense state of “Khashoggi had criticised the crown prince’s policies in Washington Post columns. He had travelled to the Saudi consulate in Istanbul to obtain papers he needed to marry Cengiz, a Turkish citizen.” You see the US had the option to make him a citizen from 2017 onwards but they chose not to do that (optionally it was in the hands of Khashoggi). So for over a year there was a stage where he had the option to make a change, optionally the US intelligence office could have prevented it if there was a voice, but there wasn’t one. This implies (to me) that there was no real warning, no real danger which now sheds a light on a lot of issues and it does not look good for the US. Hiding behind some metric version of the law was never going to work well and I have highlighted close to half a dozen issues from the beginning and the fictional book of Blood and Oil merely worked for my case. When you see all these articles, all these media evidence and it comes with words like ‘alleged’ and ‘could have’, how wrong do you think I am? 

It is sad watching governments trying to cater to ego and to the clear need of a commodity that their non-allies have, it is a pathetic view and it is not getting better any day soon.

I will let you investigate that, just be sure you rely on the sources you can rely on.

 

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I do not believe it

Yes, I am in disbelieve. This is actually a first for me and it started when I saw the article (at https://www.bbc.co.uk/news/business-63631877) there we are given ‘Amazon staff laid off as tech giants cut costs, according to LinkedIn posts’. I saw a tweet from Jeff Bezos pass by, but it read like it was a warning for others, not massively affecting Amazon. There we are given “Posts seen by the BBC include those from employees in Amazon’s Alexa virtual assistant business, Luna cloud gaming platform division and Lab126 – the operation behind the Kindle e-reader” and here I am with IP that brings $6,000,000,000 annually in the first degree and another $4 billion in total for the second IP and Amazon is in the dark. They aren’t seeing what I saw and the meeting with the Kingdom of Saudi Arabia is hopefully Friday. So both Google and Amazon did not see what I saw and I am a little doozy with euphoria. It is the win I never expected, never wanted and here it is knocking on my door. With a starting first phase of 50 million subscriptions I have more than the golden goose, I have the entire goose coup. Actually, are geese placed in a coup? 

So as we are given “Amazon’s share price has fallen by more than 40% this year as it grapples with a slowdown in online sales” all whilst Andy Jessy seemingly did not see my offer as a valid or realistic one, they will stand to lose a decent amount of revenue to others. In my books, I do not care. I care for my retirement and the ski-slopes of Canada. And as I saw it, it started to snow two days ago, so the new season is but a week away and I want in. First year in the Blue Mountains of Ontario, after that, we will see. The idea that they haven’t seen what I saw and what I so far have defined is nowhere to be seen. Even as only one part needs the Unreal Engine 5, the rest does not opening all kinds of options and it is not even close to the end. My mind did construct other parts, but I am also weary that this could accelerate congestion and that is to be avoided at all costs. 

But last week there was Google, and now the confirmation that Amazon missed the same stage, whether they are blind for the option is beyond me, but at this point I feel pretty hyped and that counts for something. Anyway, this was the setting 6 hours ago and my meeting is in 39 hours (not that I am counting the seconds) On the downside, it implies I will have another sleepless night.

Wish me luck!

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There are many roads leading to Rome

It is an old expression and when I was young I never understood it. It is simple, I grew up in the Netherlands. For us it was take the road that leads to the E35, which takes you to Rome. Those in Belgium and Germany had a similar direction. Of course that is not the explanation of the expression, but I was 7 at the time, there was time to learn. And for the most I learned how to learn, so I ended up with two benefits. One, the road to the best Pizza and two a manifest on how to learn. So when I saw the BBC article ‘Office time is not for video calls, says tech boss’ (at https://www.bbc.com/news/technology-63217973) I was taken aback a little. You see, there are many roads on how to manage a workforce and some marketing firms learned through Covid, that a home founded workforce is efficient, terribly efficient. It also reduces the bottleneck of networks. It might not be enough, but in some cases it is enough to keep the workforce. Also the corporations with a high turnover saw a turnover reduction, not a big one, but large enough. I myself prefers to work in an office. I prefer my home and work to remain separate. That is easily explained. I am for the mot a workaholic. Work comes first and it has done so for decades. To go home is on one side to take the pressure off, on the other side to see if there I anything else that can relax me. So when I see “But being in the office should be an opportunity to do things that cannot be done at home, argues Stewart Butterfield, Slack’s chief executive. Sitting at a desk with headphones on is not one of them, he says.” But sitting in your office with a headset (or plugs) listening to music as you work is? I am not opposing his view, because there is merit in his view, but for a lot of companies so is the homework or hybrid setting. I am not one of those, but plenty are. He is a friend of “He champions Amazon’s idea, introduced by Jeff Bezos, where each attendee reads a six-page memo at the start of a meeting as a briefing note, rather than sitting through PowerPoint presentations.” OK, fair enough but not unlike Google, they too left $500 million a month on the floor, so there is improvement available all over the field. I do like the approach as I have an active dislike of meeting PowerPoints. There are plenty of times when this works, but the size of the group where it does not is steadily rising. 

There is a growing need to adjust the workforce. I see a weird traverse of approaches on an international level to find workers and I see the flood on LinkedIn on how great they are instead of properly informing who they are and what they do. A social approach on steroids and they fail to see the point, but it is equally possible that I fail to see their point. I get that, but it is the workaholic in me that take that point of view. And when you filter out the fortune cookie marketing in LinkedIn, how much value do you get? I see offices where video calls are not merely the workforce, it is also the office meetings. Instead of 8 people vacating to a big office, they sit in their offices, at their desks listening to meetings and that is the weird part. It seems that in these meetings people are more intent on listening, the responses are seemingly more clever, but I could be wrong. And this was part of the settings whilst I was contemplating a few new versions of older games, I contemplated what could be possible to take that into a game. Yet I was cautious. You see that as the narrated stage of a game called System Shock. A great game that is (as far as I know) still upgraded to todays gameplay. The game (through videos, messages and voice) give us the backstories on several floors between all kinds of people giving us a setting of what was going on when things were going wrong. I miss that game, it was so close to perfect and its successor (System Shock 2) was equally overwhelmingly as addictive. This too gave me pause to consider. You see when you think back on the original planet of the apes (with Charlton Heston), the idea of a survival game in that setting is interesting, but a game that follows the movie, without copying it is equally appealing. Having a new IP is intriguing, although a week before Gotham Knights not the most illuminating one. And these issues all strike back to the office. All these thoughts take a backseat to office work. In the office it is about work and at home (or anywhere else) the other thoughts come to the foreground, they always do and a hybrid setting is caging off those thoughts, or allowing them to be everywhere and that is how blunders are made. I get that and I was young once (nudge nudge wink wink). We all have things that occupy the brain and it happens. Consider working next to a bakery with fresh cheese rolls being baked every other hour. It doesn’t happen too often, but it happens and now you are working at home metres away from the warm stove making muffins, rolls and all other goods. How long until the homework is driven by rolls, hotdogs and icy cold beer? What we separated for decades (some merely years) does not stop the brain. We still have a load of lessons to learn and until we can shut off work or shut off the home in the brain, we will get issues, we all will. So I have issues with the BBC article, but nothing wrong is stated or presumed. We are all individuals and I believe that I where Stewart Butterfield failed. He had his point of view, which I consider valid, but there are many roads that lead to Rome and there are solutions there too we all need to realise that part of the equation.

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The three day delay

Yes, it is not new, I had my go on this a few times, yet due to what we see now, after three days, it is time to renew this event. It started basically in 2014, the Yemen war became something serious and the west had no idea how to react. They reacted poorly and to make matters worse, events driven by Iran was kept out of the news. The people got a one sided story. Over time weapons sales went stale, were blocked and the defence of the Kingdom of Saudi Arabia was a setting of debate by people who had no clue what was going on, because the ego trippers needed their Iran peace accord through a nuclear deal, something that even now is still not done. Matters became worse when the west decided to spin the events around Jamal Khashoggi in October 2018. So even as the press al invoked “By 16 November 2018, the Central Intelligence Agency (CIA) had concluded that Mohammed bin Salman ordered Khashoggi’s assassination.” In this that the CIA stated that is was highly likely that this had happened, but no evidence was EVER brought to light. No evidence that could survive the rigours of academic investigations. The essay by the United Nations did not help any, that is for certain. Then we get the hack of Jeff Bezos, a disgracefully inadequate report by FTI Consulting. It is important to take notice of the Verge (at https://www.theverge.com/2020/1/23/21078828/report-saudi-arabia-hack-jeff-bezos-phone-fti-consulting) that also gives us “Facebook’s former chief security officer Alex Stamos, for example, said that there was “no smoking gun” in the report. Some researchers said that FTI should have been able to analyze the encrypted file that the crown prince sent Bezos which reportedly hacked his phone. And one said he didn’t see evidence in the report to suggest that Bezos’ phone was hacked.” I believe that Jeff got hacked, but there is no clear evidence WHO did the job, but there were some wannabe reporters that were really happy to blame the Crown Prince of Saudi Arabia. Even though several newspapers earlier that week showed that certain hacks allowed people to pretend they were someone else, and that too is missing from the FTI report. 

So we have all these negativity, projected on the Crown Prince of Saudi Arabia and now the US wants a favour? You have got to be shitting me!

So we get back to the article where we see “Why should America’s regional allies help Washington contain Russia in Europe when Washington is strengthening Russia and Iran in the Middle East?” And this is the larger folly, a stage where the wrong people cater to Iran, all whilst they require other stuff too, but you cannot get it both ways and now that China is stepping in gobbling up billions upon billions in sales and services, we see the US in a stage of denial. They now need cheap oil, all whilst the two largest suppliers are set to the mind that premium prices will do just as well. And I warned for these situations for years, but everyone was in denial. It would never come to that and now that it is coming to that, the US, the EU and others are in denial on what is required. So at present the oil prices are on the rise, just for how long is impossible to say, yet we also acknowledge that reserves are being used to stop the rise. Just how long until that stops? What do you think will happen when the reserves are gone, because most nations do not have that much in reserve. They can avoid the winter this year, but that will drain the reserves and even as they can build up some of those reserves during summer, winter 2022 will show to be the year that people will need to choose, be warm, avoid hunger and pay rent/mortgage and there is every consideration that many households will only be able to do one of the three, two if they are lucky. 

That is the direct impact of catering to the populist view, the price of adjusting one view for another, one deciding on what was likely, not what could be proven, ignoring what was proven (Iran attacks) and catering to something that is still not a reality (Iranian nuclear agreement) and Iran has clearly been catered to and now the kingdom of Saudi Arabia and the UAE are telling you all that enough is enough. You want oil at a premium, you got it and at a premium means that within the next 12-15 weeks oil prices might get back to the $130 marker, at that point, how much will it cost you to get groceries, to get to work, to get home and to refuel? All that whilst these two nations are now looking at China to deliver defence systems. Slap upon slap upon slap and now 19 hours ago we were given ‘Iran Says U.S. Is Responsible for Stalled Talks on Reviving Nuclear Deal’, another fiasco and the involved political players are all in hiding as not to get painted with that fiasco. So when you wonder what happened to the oil prices, it is simple. Your government royally screwed up and gave you the bill for their failure. 

So good luck with that.

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Stop Stupid Spending

In light of my previous article (at https://lawlordtobe.wordpress.com/2022/03/29/a-dangerous-ploy/) ‘A dangerous ploy’, we now see the BBC giving us ‘Can the super-rich solve America’s budget problem?’ (at https://www.bbc.com/news/business-60904900) the simple short direct answer is ‘No, they cannot!’ You see, it is the American administrations who clearly overspend. When you create a $1,900,000,000,000, all whilst it represents double the amount you collect through taxation, you are the losing member of a losing party. And all the clever calculator games you play will not help you. It is a sliding scale from the decline of a decent amount of wealth deep into the debt and depth of bankruptcy is all you have to look forward to ad there is no going back from this path, the US is too deep in debt already. When it was clearly visible that the overhaul of tax laws was the only real path for over two decades, the superrich will not help them overcome anything, not even their own stupidity. So when we see “The proposal aims to capture more of the wealth created by the soaring stock market of the last few years. It targets the roughly 20,000 taxpayers in the US worth more than $100m (£76m). Investor Warren Buffett, Tesla boss Elon Musk and Amazon founder Jeff Bezos would be among those affected.” Yes you can try that approach, but in light of the money you are spending, money you do not have, it will amount to nothing. The first thing that they face is to reduce their annual budget to no more than $730,000,000,000 that is the the first thing that needs to happen, reduce it by well over 50%, that is the impact they need to face. And then those additional taxations will need to be used for 100% to reducing debt. Even then they will come up short for close to 12-15 years. Should any millionaire and billionaires have remained in the US, they could have a chance, but only if US spending goes down by well over 50% until well over 2037. That is the reality of the plight they face. So when you consider the harsh reality of “Mr Biden’s budget also calls for raising the income tax rate on households earning over $400,000 from 37% to 39.6% and increasing the tax on companies to 28%, partially reversing cuts made under the Trump administration.” It merely works if the overspending of budgets is stopped, if not this is a waste of effort and when the Americans run away from their land to try and keep what they have, we will see that zero tax havens will suddenly get an investors infuse of 200%, all whilst all this was clearly out in the open from 1999 onwards. So whilst you all consider “For the 2022 financial year, the annual deficit is projected at more than $1.2tn. Overall debt passed $30tn last month.” All whilst this administration wants to spend an additional $700,000,000,000, you see the first reality out there and it is not taxing the rich, it is controlling stupid politicians spending money they never had in the first place and it goes back to the age of Clinton, it has been going on for that long and now we see some knee jerk action that has no impact, not until the US budgets are under control. But go on, spend billions on some joke (aka USS Zumwalt class) for the amount of $4,400,000,000. And whilst we think it is cheap, consider 

That it was delivered in 2016 and from then on it faced a trial of break downs and repairs, it required redeployment of weapons, the smart guns never worked and it is now a missile launcher at 500% of the price of such a ship. That is where the budgets fall short again and again and that is merely the defence budget, a budget that has shown failure after failure. All this beside the infrastructure requirements that have not been met in close to half a decade, and they now want some lame ‘tax the rich’ approach to fix it all, all whilst the spending tap is not closed by 55%-70%. And as such, the super rich will never solve this problem. Not until Washington DC wakes up and smells the junk they shovel in. So whilst we see think tank after think tank contribute colourful mentions like “America’s 400 richest families have more wealth than all 10 million of the country’s black families combined, according to a 2020 analysis by the Brookings Institution, a Washington think tank.” No one is asking how large the price tag of that analyses was. We see a group of people blaming a group of people all whilst they enabled all this by not overhauling tax laws, it is now well over 20 years that spending needed to be overhauled, but no, even this administration overspends by close to $1,700,000,000,000 and it does not stop with the $1.2tn deficit, the interest of $30tn is also due and there is no solution for all that, the previous leaseholders of 1600 Pennsylvania Avenue made that mistake and it is about to get a hell of a lot worse, that much seems clear and when the brain drain starts in the US, whatever is left there will not be suitable or liveable, that too is a clear consequence. And it was not rocket science. When you spend more than you collect, when you spend more than you have, this happens and it is happening now and the superrich were never part of any solution, their spending and their own tax system was, and it has been clearly out there since 1999. 

And when you wonder why I mentioned the USS Zumwalt? Well Yesterday we got “With political and economic stakes possibly riding on a defense project that saw a 17% cost overrun from $12 billion to $14 billion and the number of vessels being dropped from 32 to only three, besides a raft of nagging flaws in the overtly advanced system, the USS Zumwalt series of warships will not be scrapped” three overpriced dinghy’s and they are about to refit them for “Advanced Gun System (AGS) will be replaced by another defining weapon of our times – hypersonic missiles.“ A collection of ships, not a decade old will face billions in cost for refit, its stealth hull no longer doing what it was designed to do. On the other hand, I designed a weapon to sink it for a mere $250,000 per deployment, so who was stupid enough to sign that contract at $14,000,000,000 per vessels setting the stage from 32 ships to a mere three of them? You really think the super rich were the problem or these overspending politicians with their heads in the clouds? Someone OK’ed spending $14,000,000,000 on something that never properly worked and they are about to spend more. 

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A dangerous ploy

Today, we see President Biden play a dangerous card. It is his version of ‘tax the rich’. Now lets be clear, I have nothing against it, I find it unfair, in stead of ‘properly tax everyone’ he goes after one group, a populist approach to this issue. A setting we see but do we see it correctly. Presidents going back decades have been unwilling to overhaul tax laws in the US. The difference here is that it comes with an added bonus. The article (at https://www.reuters.com/world/us/bidens-budget-boost-military-raise-taxes-billionaires-2022-03-28/) gives us ‘Biden’s budget boosts military, raises taxes on billionaires, companies’ it comes with the added text “U.S. President Joe Biden on Monday submitted a $5.79 trillion budget plan to Congress that calls for record peacetime military spending while raising taxes for billionaires and companies and lowering government deficits.” In 2021 the US estimates that they expect to collect $3.86 trillion. Expected does not mean achieved, it is an educated guess. In 2019 they collected $3.46 trillion. The 2020 numbers are also expected. So in this, how does the US give us a $5.79 trillion budget, $1,930 billion more than they will collect. Money the US does not have and the billionaire fix get them nothing more than about $360 billion in the next decade, according to the document. So $360,000,000,000 in a decade does not tell us how the US will survive $1,930 billion more than they expect to collect. An additional of $1.9 trillion more and there is no space to wiggle, the chance is that those with more than $100,000,000 will more completely to the zero tax havens like Dubai, Bermuda, Bahamas, Monaco and a few other places. It will start an economic brain drain and a wallet drain to boot. It is a dangerous play, especially as (again) no proper tax overhaul follows. 

As I see it, this dangerous play will make the rich avoid the US like the plague, for a lot of them it no longer pays them to stay there and the moment this administration figures that out, the danger will overwhelm them. 

What I do not get is why the overhaul of tax laws are avoided to this degree. You see, it has always been about proper taxing people. A setting that might not make people like Elon Musk, George Soros, Bill Gates and Jeff Bezos happy, but it is an essential one. As such the overall quality of life in the US will slip and slide to lower levels still. And when it does the average person will see no real reason to stay there, the exodus will start and it will stops the US industrial machine to a near standstill position.

So when we see “Called the “Billionaire Minimum Income Tax,” it would assess a 20% minimum tax rate on U.S. households worth more than $100 million. Over half the revenue could come from those worth more than $1 billion.” We need to realise that ‘Tax the rich’ is dangerous. I have nothing against taxing billionaires (I am not one, and the next 3-4 years I do not expect to become on and I am not American), but when it is unfair taxation, it merely means that the courts will overflow with cases and if the next republican president stops that setting the US will be nearly $2 trillion out of pocket yet again and no achievements were made.

That is the danger of the play and that is the case that will stop the US. Yes, the Americans are so much better off than the previous fellow, are they not?

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The bad track

I am optionally on the wrong track, yet it is not an accident, it is an intentional choice I make. You see, we see too many ‘populist’ settings going on and I am starting to wonder if we are on the wrong track. Now, most of us are clear. The war in the Ukraine is wrong, Russia started this and there needs to be repercussions. Some have taken to confiscate whatever they could that is owned by Russian Oligarchs (weirdly enough I see almost no residence confiscations in London). Yachts and all other possessions are available. I have mixed feelings. Those with clear support to the Russian government and what is happening now is clear. The rest makes me wonder and for some reason the AP article ‘Fleeing sanctions, oligarchs seek safe ports for superyachts’ (at https://apnews.com/article/russia-ukraine-vladimir-putin-boris-johnson-europe-united-states-10a82777a3b4a6ccafc38c223b659a03) something woke up. It was the quote ““We are joining with our European allies to find and seize your yachts, your luxury apartments, your private jets,” President Joe Biden said during his State of the Union speech Tuesday night, addressing the oligarchs. “We are coming for your ill-begotten gains.”” So, please explain to me (with evidence) those ‘ill-begotten gains’? It is a serious question. In this specific case we see Alisher Usmanov a metals magnate and early investor in Facebook. So how much did Facebook make him? Is that ill-begotten? There are two trains of thoughts. The first is that we see a new McCarthy mindset starting, which is their choice, but let’s be honest about it. The second track is that the US is so bankrupt that it is now in a stage to confiscate whatever it can to survive. I am not siding with Alisher Usmanov. And if he has done wrong, fine. But in that case this article was a piss poor job and then some. He was also one of the initial people connected to Mail.ru, so he seems to be a smart cookie who got involved with IT projects when it had the greatest impact, nothing ill begotten, merely good timing. Now, this does not mean that I am right, or that they are wrong. There is too much that I do not know. But this comes across as a legalised form of ‘Tax the rich’ which is now transformed into ‘confiscate whatever the rich has’ a democrat party BS approach. So what will happen when it is suddenly the wealth of Elon Musk, Warren Buffet, Sergei Brin, Larry  Page, Tim. Cook and Jeff Bezos dealing with the bills the American government cannot deal with because they refused to clean house for over two decades? 

The AP does give us at the end “But actually seizing the behemoth boats could prove challenging. Russian billionaires have had decades to shield their money and assets in the West from governments that might try to tax or seize them”, which is fair enough. I am still in the mindset that SOME oligarchs should pay, not sure if all should, but I do admit I really do not know any of them and the media cannot be trusted, they are all on the populist track. OK, not all, but way to many of them are. We can consider that Roman Abramovich was either good or bad, I do not know. Too be honest, I never cared for football (read: soccer) so I am a little out of touch there. But as far as I can tell, everything Roman Abramovich did was to ensure the stage of Chelsea and it’s continuation. We can boast that giving the sale of Chelsea to Ukraine is a political push (the man is a politician after all) and a few other sides as well, and there perhaps his deception worked. Because I personally believe that the man is a soccer nut trying to preserve Chelsea. Does that make him evil? I personally do not think so. I also understand that some policies will hurt the good and the bad, but there is an increased feeling that the US is doing it for other reasons and as the media have no given us a really good stage of where all these funds go, we should wonder what is going on. 

I am not stating that what is done is wrong, but I am wondering why certain things were done and WHERE these funds are going to. Is that wrong? So I might be on the wrong track, but it is mainly because no one is properly illuminating the right track and the media are all about ‘the quote’ but are less about the clear explanation. I merely looked at two people, the US has a list of 96 oligarchs. I reckon there are clearly a few super pro-Putin people there, and we get it, it will rain on the good and the bad alike, but it seems that the media has a lot to make up for, especially when it comes to properly informing us, because that lack set me on the track I am on now.

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The street we know

It is a different setting, we tend to relate to the streets we tend to know. Any technology is set upon a familiar setting. The benefit is that we know where we are and as such we get to where we think we want to go faster. The negative part is that this is a problem when it is true innovation, we cannot continue an iterative line if we want true innovation. 

So when I saw ‘Saudi Arabia announces $6.4 billion investments in future tech’ (at https://www.reuters.com/markets/funds/saudi-arabia-announces-64-billion-investments-future-tech-2022-02-01/) I took notice last week but merely that, it was to be expected. So when I looked at it again this morning, I noticed “include a $2 billion joint venture between eWTP Arabia Capital, a fund backed by Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF) and Alibaba, and China’s J&T Express Group, minister Abdullah Alswaha said”, I had overlooked that initially. But it makes sense, as ties with China grow, the Chinese IT sector would come in. It spells bad news for the US, for Amazon in particular. The options that were there are shrinking, they are not gone, but China is now in position to take the cream from the barrel and become the new fat cats. My IP still has options, but it might not go the highway I had hoped for (we all have that), still I do have the innovation advantage and when others fail I can step in. 

There is another side, a side that Amazon had in hands, you see with Neom and Vision2030 Amazon had a larger option if there was a data centre in Saudi Arabia, not a simple online store, but a real data centre, they would need one for a few reasons and even as the media gives us “showing its continued business interests there despite a public dispute between Riyadh and the company’s chief executive, Jeff Bezos”, we can see the hindrance there, we can see that there are issues (I am ignoring the FTI Consulting issues here), but in a larger stake worth billions, the need to find solutions are clear for Amazon. They could walk away and leave it all to AliBaba and the J&T Express Group yet who profits then? Not Amazon, not the US and it is another spark that goes into the direction of China. It is a problem for the US for two reasons. The first one is simple revenue, the US desperately needs that. The second one might not be that clear. You see Saudi Arabia has at present a full fletched 5G network, so those there can do all kinds of prototyping to a much larger extend and see the impact of congestion in a complete 5G network. You see at present we see assumptions via 4G LTE and other settings, this implies that other issues will not be captured when things go wrong. And with all the transgressions we have seen in 2020 and 2021 these systems need proper adjustment. Saudi Arabia has the advantage and now it seems so does China (outside of China), another step not to the advantage of the west (as expressions go), so how many steps do we all need to fall behind before people take this disadvantaged setting seriously?

Even now, the aftermath of Davos will be in favour of both Saudi Arabia and China. Al Jazeera reported “Observers see the high-profile conference as a way for the kingdom to redeem itself in the eyes of US President Joe Biden and the wider international community”, yet my question becomes ‘Why?’ You see, the EU and the US have shown themselves to be unreliable, all setting concepts to presentation in stead of evidence. Now that China is showing themselves to be a much larger player and a willing player could spell a massive loss in revenue. 3 billion here, 6.4 billion there, and several more billions left, right and hither. How much longer until we face the direction that we are losing out? Now this would not be a problem when we have alternatives, but there aren’t that many are there? And consider that one side gives us ‘Deficit shrinks in the first year of Joe Biden’s presidency’ (around $500,000,000,000 less loss), it is a joke when you consider that the deficit is still $2,500,000,000,000,000. And less than a months later the people are given ‘Biden’s $1.7trn social policy will send deficit soaring’, it is another setting of managing bd news and on top of that they lose revenue option after revenue option. So how does that look? The US debt has now surpassed $30,000,000,000,000,000, you have that kind of money? I do not and none of the others have it and an additional problem for the US is that the EU wants to dig into the Saudi revenue pie as well, yet at present China has the upper hand. A setting we ignore because we are lulled to sleep, and that time is gone, when the US debt comes crashing down the EU will join a massive loss and no amount of promise will aid anyone at that point. All because certain players underestimated the impact of innovation and innovation like some are marketing it is not innovation, it is a presentation nothing more. We all tend to keep to the street we know but when that street is on fire, will you merely stop the fire or see what resources are available in the next street? 

China did just that and now we see the fallout of political stupidity. Oh, and when Iran does not come across with promises that they made to some middle man, when the unfortunate adjustments come, the middle man will not care, he got his oil barrel bonus, he is just fine, but those who were behind it will get to say ‘Oops!’ Just as I expected them to do. At that point we will see another advantage to China, good going! And what happens in May/June when Iran has enough nuclear materials? What then?

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Is the MetaVerse a Meta or a Verse?

That is not the question, it is a mere thought and we need to ponder it. You see, I do believe that Meta is close to launching a new dimension in social media, in advertisements and through that we will see a new opening in the approach to marketing and advertising. Google is not ready but could be ready in time, the same could be said for Amazon. Microsoft is however not making that setting with their 5% in Bing, it will die and awkward death. Awkward because the people they approached will leave them. Meta will not offer the handle and handshake that Bing (or Chrome) requires and Bing has nowhere to go. Or as someone in the 90’s once said “All dressed up and no one to blow”, I giggle as it applies more to the outdated marketing tactics then it does the ladies on 42nd street (if you catch my drift). 

So when I see ‘Facebook parent company Meta plummets 26 per cent, loses $332 billion in worst one-day company drop’ (source: ABC). There is no opposition, this is what happened. Yet what is noticeable that the drop is due to “well below analysts’ expectations for the current quarter, a disappointment for a company that investors have become accustomed to delivering spectacular growth” There are two sides here. On the one side either the investors have no long term goal and no comprehension on what Meta is ready to achieve, in that regard the analysts are equally in the dark on what is about to happen. So even as Marky Mark of the book of faces can hold onto what he has now as the next wave will increase his fortune by well over 300% (a personal rough speculation), so the term ‘disappointment for a company’ is the setting of a person who has no clue what is about to unfold. Or it is a person with the narrow focus on the now regardless of what tomorrow will bring. The second setting is seen with ““The downgrade in the earnings outlook by Meta and other companies took markets by surprise,” said Kenneth Broux, a strategist at Societe Generale in London” I am not sure whether this is a repetition of the other fellows view or if it is set on parallel yet not equal measurements. I am not an economist. The Amazon idea (at least one of them) could be applied to Meta, yet it would limit my revenue and I am kinda set on getting my $50,000,000 (post taxation) in the first wave. The second wave would bring me more but there is no way in hell a person like Jeff Bezos would shell out that kind of money without clear numbers (no matter how rich he is) and what I am about to do has NEVER been done before. So there is the turmoil for me. There are a few other reasons why pushing Amazon to higher levels are more rewarding for me (there is the option to kick Microsoft in the balls) a thought that is massively rewarding all on its own, yet it could optionally hurt Google and I have nothing against Google. They are about to get hit by TikTok and the impact of HarmonyOS is getting delayed but it is not out of the way yet, so Google has to face that too. Yet Meta is a drive that Google could benefit to if they resolve locality in their products, because that will be a given. It slightly opposes the 4 clusters that Amazon will gain but it will not hurt Google, Amazon on the other hand would strengthen their clusters through Meta and could optionally several smaller clusters too, Microsoft has close to NOTHING there, all lost marketshare. 

So as we look at the second article That gives us ‘Facebook owner Meta sees biggest ever stock market loss’ (source: BBC). There we see “Meta also warned of slowing revenue growth in the face of competition from rival platforms including TikTok and YouTube, while advertisers were also cutting spending” the lack of ‘temporary’ is a little astounding. There is reduced spending by advertisers yet with the labour lack they have they will have to create a pipeline soon enough and that means advertising and spending, interesting how the BBC overlooked that. And yes TikTok is a threat, but more to YouTube than Meta and the deployment of Meta will take care of that. The question is how Meta will deal with the lull in technology that they face. Let’s give you an example.  You are in the MetaVerse. In that life you have the house you could never afford, you watch TV on a screen you could never afford and you watch the things you love. There we see advertisements and Meta cashes in. Yet over time you get billboard digital screens on billboard (perhaps the three in Ebbing Missouri), but all those elements require new technology and Meta could create them and lose a lot of time or they could set a partnership with Google and Amazon and set a might higher bar. Google and Amazon have their terrains and Meta has an advantage in partnerships, opposing those two will drag the issues in too many dimensions (literally) and it opens up a massively large bag of worms. None of those matters are seen and they will come in 2022/2023. When Google and Amazon set out THEIR plan it will need to be one that embraces Meta. Zuckerberg was one clever cookie when he did the change he wants. The covid issue worked FOR him a little but in this setting (loss of revenue) it works against him. The nice part for him is that those who walked away will have to negotiate new contracts in MetaVerse so that will make his gains a lot better than the losses he has now.

No matter where I look I see everyone parroting the loss story and it is true, he lost (for now) and no one has a clue what is about to happen and hows social media will change the face of both marketing and advertising and when those with their clever little API realises that it stops working in MetaVerse we will get some watchdog howling on behalf of the exploiters who suddenly get the notice that their well is now dry. All revenue belong to Zuckerberg again. A setting none of them seem to realise. I am just happy that my 5G IP is still safe and MetaVerse will not hinder it. It might benefit me, but it is too soon to tell, it could if Amazon gets the proper idea on where marketing and deployed advertising goes, but there are a few if’s in that setting I get that and I am pretty sure that the CTO of Amazon (Werner Vogels) is that clever as well. 

So whatever Meta will become, it is not a verse, perhaps according to the journalists who look at the now and rhyme to yesterday. Yet I am certain that they are utterly in the dark about tomorrow and in most dimensions tomorrow never rhymes, perhaps to borrow and sorrow but not to the tile of style that tomorrow brings, because the rhyme depends on what is, not what might be and what might be will be illuminating to say the least, not the hallucinating of a beast. That is what we face, when Meta deploys we will face an entirely new beast, one advertisers and marketing departments never faced before and as they run from training to training the first 6 months and try to comprehend that they suddenly had to learn a new beast for months, those who were ready will have the entire field for the better part of 6 months at the very least, it will change the game for years and as I see it Google and Amazon have the options, Microsoft falls away like it always does, shouting Azure whilst the never learned the blues.

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That first step

We have all heard it, the first step is admitting you have a problem. There is of course debate on WHAT the problem is. I am not any different. I hate stupidity, hypocorism and bot to mention short sighted issues. One of these issues is ‘Tax the rich’, we see all these stupid people screaming ‘tax the rich’ whilst the system is set, there is a tax system, there are tax laws and instead of all screaming to adjust the tax system we see the empty gesture to tax the rich, the rich do not care, they adhere to tax laws, so these laws will PROTECT them. Another issue was seen in ‘Greed and Law helping each other’, I wrote it on July 9th 2021 (at https://lawlordtobe.com/2021/07/09/greed-and-law-helping-each-other/). There I set out the short sighted setting of the Oxycontin setting. I wrote “Yes, there are culprits in this story. You see some sources give us that in 1996 316,000 prescriptions were dispensed, it grew to an impressive amount topping over 14 million prescriptions with an estimated value of $3,000,000,000. The issue we see everyone painting over is ‘prescriptions dispensed’, this is not something that a person can get, it needs a doctor and it needs a pharmacist.” You see there are laws and rules, and they were massively broken by doctors and pharmacists. So when do they go to court? 

It is Reuters who give us today (at https://www.reuters.com/legal/transactional/sacklers-near-deal-contribute-more-opioid-settlement-purdue-pharma-bankruptcy-2022-01-31/) the story of ‘Sacklers near deal to increase opioid settlement in Purdue bankruptcy’, I personally do not believe that members of the Sackler family who own Purdue Pharma LP were completely innocent, yet that is not the setting is it? SOMEONE handed a paper to dispense Oxycontin, a pharmacist handed over the drugs. Yet nearly all of them banked the money and did not ring the alarm bell (some really did that) and those who cashed in on 14,000,000 prescriptions? Why are they not in court? Members of the Sackler family cannot hand over prescriptions, they cannot dispense drugs to people, they can merely distribute to pharmacies. So I do not believe that they are completely innocent, but to go after them and not after the doctors and pharmacies is (as I personally see) immoral. 

Yes, I know that in Torts you go after the money.

So in that setting: “Jeff Bezos, I do believe you owe me $50,000,000 post taxation, pay up please!

But is any of that fair? You might say that fair has nothing to do with it and it is not incorrect but it is wrong. So when Reuters gives us “An agreement involving members of the Sackler family and several state attorneys general could potentially end a legal challenge that has prevented Purdue from exiting bankruptcy, and clear the way for a plan aimed at helping to abate the opioid crisis” my personal thoughts are wondering how many of these state attorney generals went after the doctors and the pharmacies? Justice handed in August 2021 a verdict, ‘Doctor Sentenced To More Than 15 Years In Prison For Conspiring To Distribute Thousands Of Oxycodone Pills Illegally’, there is no way in hell that only ONE doctor did that, so how many are serving 15 years? 

It is U.S. Attorney Audrey Strauss who gives us “Dr. Emmanuel Lambrakis wrote medically unnecessary prescriptions for thousands of oxycodone pills – an addictive and potentially fatal opiate.  Instead of abiding by his oath to ‘do no harm,’ Lambrakis pumped deadly drugs into the community.  Lambrakis put his own greed before his duties as a medical professional, and for that he will now spend a lengthy term in federal prison.” And as stated before, there is no way that there was merely one doctor guilty of that, in addition, there are truckloads of pharmacies that require the same amount of attention and that too is not being done to the degree it had to be done, it is my personal opinion that some state attorneys general’s were lazy and decided to go after the money, go for the easy conviction. Yes, the Sackler family benefitted, but who prescribed? Who handed them over? I see close to nothing on that. It is a simple tax the rich approach to a failing in law and a failing to observe the law and there are clearly a vast amount of doctors and pharmacies more guilty than any of the Sackler family. But we do not get to see that, do we?

As I see it, it started with that first step and the law has a problem, it cannot properly dispense justice to the wrongdoers. It merely went to the richest person and found them guilty. So what happens when it becomes about something more problematic? What happens when someone figures out that any Ponzi scheme can be done online handing the mess to Apple or perhaps Epic systems? So what happens when the hackers find the weakness in something like Nvidia’s GeForce Now service? What happens when 300,000,000 people lose $10-$35 and Epic goes ‘Not my Problem’, and Nvidia goes ‘We know nothing’? Who will end up with that bill of $3,000,000,000-$9,000,000,000 because the people will demand payment and as I see it the Justice departments will be globally clueless on how to proceed. The nice part here is that the court setting makes Apple automatically innocent, they had to open up the system and the people will merely lose their money. 

How a spindled world wide web we weave.

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