Tag Archives: Jonas Salk

Who you gonna trust?

That is the issue I have and you should too. The news is no longer reliable, catering to people who they have no business of catering too. The numbers are questionable, many articles are all on a template that I personally call ‘How to create a click bitch’, but in this too I wonder who is right. This is given to us by the Daily Mail (at https://www.dailymail.co.uk/health/article-9885013/Pfizers-Covid-vaccine-42-effective-against-Indian-Delta-variant-Modernas-76.html). Here we see “Pfizer’s Covid vaccine is only 42% effective against Indian ‘Delta’ variant while Moderna’s jab is 76% effective, Mayo Clinic study suggests”, the problem is that I am not a health official and the Daily Mail is throwing plenty of graphs at us. There is a clear admission, we see this with “For the study, published on pre-printer server medRxiv.org – meaning it has not yet been peer review – the team gathered data on more than 25,000 Minnesotans from January to July”, yet I will also admit that Minnesota, a state with 5.75 million people, a group of 25,000 is decent.
It is the claim “The Delta variant being able to bypass the existing vaccines also confirms what many feared, that the virus could potentially mutate to a point where it can bypass vaccines.” That is the scary one. There is no clear setting to prove it yet, but the numbers give rise to this and in the past Dr. Fauci gave a similar worry. I am not sure who to trust, but the setting is starting to get louder, at least if 10% of the population dies, nature might in part restore itself, and the 10% might be low, you will have the anti-vaxxers to thank for that part. 

The issue is actually worse, from my point of view, when we see the numbers from India, I believe that they are low, beyond acceptable. Now, here I will not blame the Indian government. With a population of 1.3 billion, no system will hold up, not in this case, but the numbers are way low and all these people screaming to open airports and travel, they might be pointed at when we see a larger escalation in Delta and Echo variations (I am assuming that there will soon be an Echo variation).
Yet this is not about speculation, so when we look at the CDC, we get “In two different studies from Canada and Scotland, patients infected with the Delta variant were more likely to be hospitalised than patients infected with Alpha or the original virus strains”, as well as “CDC is continuing to assess data on whether fully vaccinated people with asymptomatic breakthrough infections can transmit. However, the greatest risk of transmission is among unvaccinated people who are much more likely to contract, and therefore transmit the virus.” These are merely two quotes, yet they counter certain people and even worse people almost openly opposing the vaccine. In this several newspapers now give us ‘Anti-vax Red Cross nurse ‘injected 8600 people with saline solution instead of vaccine’’, here I get the urge to ask ‘How can a red cross nurse be ‘Anti-vax’ and work at the red cross?’, There is a reason for vaccines. I grew up in the 60’s whilst Polio thanks to the humanitarian push by Jonas Salk who invented it, and unlike many, he no wealth, he made it an open solution, he did not patent it and as such 34 years later Polio became eradicated in the US in 1994. So when we see “In the late 1940s, polio outbreaks in the U.S. increased in frequency and size, disabling an average of more than 35,000 people each year”, now the number in the US is ZERO, it has been since before the 80’s, there are cases but these are all cases that come into the US. It took a decades to eradicate polio and there is every chance that COVID will take time too. The bigger issue is that polio did not mutate to the degree COVID does and yes at all times getting the vaccine is better than not getting it. So when we see the Guardian giving us last Sunday ‘Rightwing radio host and anti-vaxxer dies of Covid’, we need to consider that even as this is in the US, they are not alone, the anti-vaxxers are everywhere and when we see “Dick Farrel was a vociferous critic of Dr Anthony Fauci and urged people not to get vaccinated”, some might be happy that he is dead, but the problem is not that he is dead, thousands are voicing similar non scientific thoughts and it is becoming a problem.

And as Sydney had its lockdown protests two weeks ago, we now see 345 new cases of Covid in NSW, so with the protests, what are the chances that this number goes down over the next week?  Two months ago, we had a mere 3 cases added, over 8 weeks this escalated to 343 cases with a 7 day average of 312. When you consider this and you also consider that Australia has 25 million people, consider what the damage is expected to be in India with 1300 million and a population pressure that is a lot higher than Australia has, you still think I am talking out of my ass? India peak of May 9th has now decreased from 414,000 new cases to 42,000. I personally believe that there is no way that this is correct, implying that a lot more problems will emerge in
India quite soon. You see there are 200M cases and India has a mere 15% of the cases, you might think that this adds up, because the numbers match, but India with its population pressure and its lack of medical supplies as well as a lack in vaccine should be in a much larger setting, I would personally speculate that the numbers should be 30%-40% higher at the very least, and the media for the largest extent is not looking into it. In addition a few sources, give us that by end July half a billion doses will be done in India, yet what everyone ignores is that the population of India is 1.3B, implying that 2.6B doses are requires, so a mere 20% will have one shot, and whilst we now see that there is dealings over 50M more shots, it also shows that with that many not being inoculated the Delta variant can reap a lot of losses in India, but we do not get that stage illuminated, do we, or the larger impact of how these vaccines will not stop Delta, yet there is also the acknowledgement that for those who had the vaccine, they are most likely to recover from the delta versions. There are no real numbers out there, but several sources gave us that most recover. I am voicing news sources, but when we look at the greater setting there is a larger stage of who and what is to be trusted, I honestly do not know, but I do believe that places like the CDC are the most reliable ones. 

Am I right or am I wrong? I could be either, but I truly believe that the real scientific places (like www.CDC.gov) will be the most reliable source for covid information. I also believe that the people trying to silence Dr. Fauci are not opting for freedom of speech, they are betraying their constituency, leaving them to die of their own devices, but that part is something that the almighty USA and their first amendment are not willing to call out for, in history this is the first time where the first amendment is one of the handles in the USA that will get people killed and a lot of them too. I am certain that the American forefathers would never have dreamed that freedom of speech would throttle science and common sense, but here you have it, that is the setting and I have no idea how large the casualty list will be in a few months. With global protests on common sense solutions, the casualties will merely go up, but in London that also means that housing prices will drop, so there is that to look forward to. 

So who you gonna trust? You better think that through, because now you do it whilst gambling with your life. Will you trust some anti-vaxxer? Will you trust science and doctors? It is your right to chose, but remember, you life has no sequel, and this time it is your life you are taking a gamble with (as well as the people around you). So chose wisely and good luck!

Leave a comment

Filed under Media, Politics, Science

A Freebie for you

Yes, you read it right, I am about to give you all a freebie. Over the last two days I set in motion a new piece of IP, but there are parts that I am not ready for, the idea is, but I am not, So I am making it public domain with this article. It all started two days ago, there was an imbalance and I set it in writing but something happened as I did it, I realised that no one had taken it to this level ever before, all the clever people at Microsoft, Apple and Google, they have nothing on this, so I am making it public domain. I have at least 4 more pieces of IP, several ready for patenting, all mine, and this is my way of pushing the world into action. I considered to be a Jonas Salk in disguise, but that is not me, this is about something else and the power of progression is not to sell it, but to make it common good for all, if it cannot be patented it is open source to all who consider it and even as they do, there are a few persons who have the advantage, they worked on the paper that could be the foundation of what this becomes. Yet before I do that, I need to tell you the story how this came about, it is actually important, it makes what comes next easier to comprehend. 

My background in all this is data, I have been involved with data systems, legacy systems, cleaning data and arbitrary manipulation of data for well over 30 years, so I have been around a long time (I am actually that old). I was there when DBase 2 started, I was there at the beginning of the Clipper Compiler. The start of Microsoft SQL Server (which they bought from Sybase), the VAX/VMS data systems, IBM DB2 on AIX and more. I have seen data in so many ways it could be regarded as scary, but that was the past. An imbalance hit me two days ago and it resulted in the article ‘The mind stage’ (at https://lawlordtobe.com/2020/10/04/the-mind-stage/), I gave my view, however some threw questions at me, two were valid. So I set out to answer them to the best of my ability and it resulted in ‘The accusation and more’ (at https://lawlordtobe.com/2020/10/05/the-accusation-and-more/), yet as I wrote the article and set out with the examples, an idea hit my head and I had been busy all day today (in the back of my mind) to sort it out, in all this the discussed paper ‘Optimal control of a rumour propagation model with latent period in emergency event’ by Liang’an Huo, Tingting Lin, Chongjun Fan (et al) set my mind in motion.

To explain this a little more, consider a page rank (something Stanford University came up with for Google), every page has a rank and that is what sets out some level of importance or perhaps influence is at times a better word. And until now it was often enough, but 5G allows for people to be exposed to data 10 times more and now we see the pressure that the reader is exposed to, what is relevant? You see from the market research side we get exposed to bias, it results in: 

  • Irrational Escalation
  • Social Desirability Bias
  • Knowledge Bias

Yet the stage is no longer a level playing field, the exposure to the people is almost 100%, as such we see the need for an additional number, a ‘bias weight’, this is however not linked to the document but the reader, at this stage it is there but it is mappable, in the future it is less likely so, and like response weights, factorial weights and other corrective measures, no-one has taken the time to set the stage for bias, but in 5G it will be a big thing, much bigger than anyone realises. 

As such the stage is more important, if 100% is exposed to bias via news, via social media, via websites and preset stages, it becomes more and more important to figure out how much bias a person is exposed to and 5G allows for this (well 4G allows for it too, but the systems slow down too much), with 5G it all goes faster, so the stage needs adjustment and adding a group of filters becomes essential for all kinds of reasons. The paper gives us “Rumours are part of our everyday life, and its spreading has a significant impact on human lives. Hayakawa defines rumour as a kind of social phenomenon that a similar remark spreads on a large scale in a short time through chains of communication”, which I accept, yet bias moves in pretty much the same way, we have however until now never given it the consideration it deserves. Just like rumours, bias works like accumulation and that is where the sausage gets the sauce, yet in all this, who is the biased person? Can he influence our needs positively or negatively? That answer needs to be found. Not because it is nice, or because it is essential, but for all kinds of data collecting fields all kinds of product fields and all kinds of manufacturing it will matter soon enough, when 5G is racing at top speeds, it will become a massive issue and the developers need time to get any kind of systems in place, so I am making the thoughts public domain, and you all get to have good luck with it.

In this field, feel free to delete my thoughts, feel free to ignore me, but whomever works out the math will make one hell of an amount of money (please remember me if you do). Oh, and those who think I am rambling? In 1997 I came up with a servicing solution and the company at the centre, my bosses laughed at my idea, I still have the email somewhere, Facebook came 4 years later and did what I thought of (and more). I had one other idea which Sony got, but they neglected it and now some see the benefits the this system had, so I am decently certain on my ideas.

The work I looked at referred to Daley and Kendall, yet in that stage the setting is to some degree missing or incomplete (for my purpose). As we read “At any time an individual can be classified as one of three categories: X(t) denotes those individuals who are ignorant of the rumour; Y(t) denotes those individuals who are actively spread- ing the rumour; and Z(t) denotes those individuals who know the rumour but have ceased spreading it”, we can exchange rumour for bias, but the would be incorrect (incomplete is more correct), even as we see three directions of bias (mentioned earlier), we need to see that in two dimensions. Internal bias and external bias. For this example I will use gamers (myself), I am a PlayStation guy, I dumped my Xbox because of Microsoft actions and I lost faith in their product. So there is an internal bias towards Sony (optionally Nintendo too), and it is in the ‘automated’ negative towards Microsoft. We cannot do this on every brand, it becomes a data mess, but the exposure I have on classes might be different, a stage of Z scores in 6 parts (3 internal and three external) might be easier, and as this is set to the person, the seeker online, it is the persons bean (a java bean pun), so we need to find a larger solution that can paint whole populations by the actions they take, and this is not about transgressing on privacy, but on the system wielder disregardful of who they are, So as Kendall and Daley were in a stage of three, it is not merely ignorant of the bias, there will be an internal bias towards brands, towards application and towards choice, but the external factor is one that we see if the person has been exposed to, so we see part of the solution in front of us and to find the core the adjusts bias is partially found and over time optionally completed, but in this we are not about what the score is, but if  certain score exceeds a certain value, if that is the case the person is biassed, and now we can decently reflect whether the person is the one that we seek (we being the interested party whomever they are) and with the number, we get a much larger efficiency towards what the goal was. The old expression is ‘all cats are grey in the dark’, which now gets us to ‘all seekers are equally grey on the internet’, which changes the game for everyone, yet when someone learns of an ability to filter or weigh bias, that stage changes and it will change for everyone depending on the internet.

So whatever you decide, have a great day.

Leave a comment

Filed under IT, Media, Science

In support of others

Sometimes we have to put our own differences aside and stand with others. There is absolutely no chance that this will not happen to you. At some point, you will go in the ‘damn the torpedo’s’ direction and give support to those who fight the good cause. This is where I found myself when I was confronted with ‘Anti-vaxx ‘mobs’: doctors face harassment campaigns on Facebook‘ (at https://www.theguardian.com/technology/2019/feb/27/facebook-anti-vaxx-harassment-campaigns-doctors-fight-back). First of all, there is no way anyone could support trolling, no matter what the cause is, and in the second degree there is the need to stand up for the issue at hand, it is our health and those of our children, it is important to make a stand.

Now we get to a side that is important. I am in favour of vaccination to a degree, I fully support children vaccination. I also support the bill to eliminate personal and philosophical exemptions for childhood vaccinations. I saw it in the Netherlands, the place where for religious reasons vaccinations were rejected, that place is where there was an outbreak of whooping cough, not something you want a child to experience ever. Other places we see the renewed introduction of measles. All issue that could have been prevented. As such I support that side of vaccination. So when we are introduced to the naturopath Elias Kass, his statements at the Senate committee and five days after his brief testimony, he had compiled a photo gallery with hundreds of screenshots of abusive comments, largely through anti-vaxx Facebook pages. It becomes worse, when we see the quote “an online ecosystem rife with anti-vaccine misinformation, thanks in part to Facebook’s recommendation algorithms and targeted advertising” we see how complete the failure of Facebook is at present. We also see the accusation of “partially instigated by Larry Cook and Erin Elizabeth, two anti-vaccine activists who have built large Facebook platforms“, it comes with the added statement “Cook has gained notoriety as a full-time anti-vaxxer who has raised nearly $80,000 on GoFundMe to pay for fear-mongering anti-vaccine Facebook ads which he targets at mothers. His Facebook page, Stop Mandatory Vaccinations (SMV), has about 130,000 followers, while the related closed SMV Facebook group has more than 150,000 members“. A system that sets close to 250,000 guns aimed at a single target and that is an issue that needs to be addressed.

There are two sides to nearly every story, yet the danger of not vaccinating is just too high to contemplate. People are directed through lies and these anti-vaxx people start it with ‘Vaccines are dangerous and unnecessary for vibrant health‘ (at http://www.stopmandatoryvaccination.com/), A small part is seen when we consider a source: “Measles is one of the leading vaccine-preventable disease causes of death. In 1980, 2.6 million people died of it, and in 1990, 545,000 died; by 2014, global vaccination programs had reduced the number of deaths from measles to 73,000“, it is worse when we consider ‘Measles Elimination in the United States‘ (The Journal of Infectious Diseases, Volume 189, Issue Supplement_1, 1 May 2004, Pages S1–S3). Here we see two parts that are a direct setting. In the WW1 era we get “an average of 5300 measles-related deaths during 1912–1916 (26 deaths/ 1000 reported cases)“, 2.6% of the population would dies of the disease and those were the lucky ones. The rest was rewarded with extras, an average of 150,000 patients had respiratory complications and 4000 patients had encephalitis each year. An estimated 48,000 persons with measles being hospitalized every year, and that is merely the US, in Europe that number would be higher. So when the website gives us: ‘Vaccine Free Living: The Unvaccinated Are Not A Problem‘, we see what I consider to be a lie, the non-vaccinated are the problem, plain and simple, as we see the ‘return’ measles, polio and other diseases, the claim that unvaccinated are not the problem is pretty much blown away. In the Netherlands there was a resurgence of polio in the Bible belt area (no vaccinations through religious convictions) and the impact was huge, 71 people ended up with polio, 71 people confronted with the risk of paralyses. And in the end only 10 recovered, two died and the others ended with paralyses, 59 sitting mostly in a chair not able to move, so parents need to consider the real sources and those who are merely claiming to know the truth. I am not telling you to trust or believe me. I am telling you to go to an educated person, your GP, or an actual a medical professional. The fact that in the last outbreak only 14% recovered from the disease, only 14%, the rest ended up in a bad place, we see that vaccination was essential and there are more diseases where this is the case. And that does not exempt the 14% group, they will optionally face complications down the time track.

When we see the numbers and the statistics on the impact of these diseases, the position of Elias Kass makes perfect sense as does the bill to remove philosophical objection. When we consider the associated press last week with: “Of the 63 cases confirmed in Clark County, 55 were not immunized against measles, immunization status couldn’t be verified for six cases, and two cases involved a child who had received only a single dose of the MMR vaccine“, we see a direct danger when we consider the impact as it was, when the measles get a revitalisation through stupidity, we need to take another look at the site, and we need to set the stage where we can hold Larry Cook, Kelly Galagher and Julianna Pearce financially accountable for the inflicted damage they catered for. In this case ‘freedom of speech’ should not apply, not when it endangers the lives of children; that needs to be a first. Larry might be standing there with a big smile, but he is not laughing. Another blog (at https://www.patheos.com/blogs/withoutacrystalball/2019/02/larry-cook-scared-his-financial-misdeeds-will-be-exposed/) gives us a few points. The piece refers to a piece with a journalist who took an investigation on the money trail. The blog gives us: “Cook told the group he knows the article will paint him in a very negative light. His assumption is probably accurate given his shady background of soliciting money from his followers“, whilst his open response (on that page) includes “She made it seem like it is illegal to earn money online in any way, shape or form” here we see the issue, as he is not denying that he was making money, yet is he an educated and graduated medical professional? He is allegedly making money on the backs of gullible people, in addition, it is a path that endangers the lives of children and that is where parents need to wake up and get the right information, from the right people, not some activist, not a blogger (me), but from a trained medical practitioner.

And the blog gives another part. With: “Two weeks ago Cook opened a new GoFundMe campaign titled “Save Vaccine Exemptions in the USA.” He started the campaign due to the growing pressure in Washington to stop personal exemptions for vaccines. Initially, he said the money would help the parents affected in the area, but he decided to change the fundraiser days later to support the ‘nation.’“, the setting of a changed formation of funding gathering is one that is debatable even under the most positive views.

And Facebook is facilitating this dangerous path; indeed, it is possible that Google facilitates this as well as most video’s use YouTube to get as wide an audience as possible.

We have to be in support of others at times, and when the debate on the actions are optionally endangering children, those who supported that path need to be put into the limelight and the world needs to be made aware that their efforts endangered the lives of children, it is the only way to get the truth out. This was never about some finger pointing at pharmaceutical industries, I know, because when I was inoculated (the first post WW2 generation) I saw the impact, I was almost never ever sick, I avoided the diseases that plagued some, but I remained healthy, and in those days pharmaceutical industries did not have political power, not to the degree they have today. Perhaps I was lucky, perhaps not. I only know that the child vaccinations were effective, when we see that the 50’s had 542.000 cases reported, and we now see that this number has been diminished to 0.1%, we see that the vaccination was a success and vaccination was essential to get there. To have a disease that covered 1% of the population and diminish it to 1 per 100,000, we know that vaccination was the only way to get there. The same for polio, where it once ruled the lives of half a million cases to a mere 22 reported cases in 2017, we need to see another side. As the anti-vaxx people are so intent on blaming greed driven pharmaceutical industries (not entirely unwarranted), we see that the inventor of the polio vaccine Jonas Salk did not make a penny out of it, he never patented it and gave the cure away, the act of something that would have made him richer than Bill Gates and Larry Ellison combined, his act instigated the option to truly eradicate a debilitating disease from this world.

And all this comes with a second side as well, can we allow for the freedom of speech to continue when it endangers the lives of children, more important, when a non-medical professional makes claims that pushes mothers to endanger the lives of their children, is it freedom of speech or would it optionally be negligent homicide?

 

Leave a comment

Filed under Finance, Law, Media, Politics, Science

War lines and Battle lines

We all know them, we all personally have them. Some are founded on the realism of professional life, In thee we see the person who works well with others, there is one that is off. You see, that person also wants the senior position you have been working towards and there are two paths trodden at the same time. Your opponent is working as hard as possible to be better and in that same stretch equally is working to make sure that you look worse. The acts are trivial, a little block here, a little delay there and it seems all friendly, it seems corporate, yet you know better, you know that this person is after your future goal. It is corporate politics. You both work towards pleasing the larger shark, you both work to get the amenities to gain favour and play whomever you can to end up being first. It is the corporate environment and we have accepted that for close to a quarter of a century, if not for longer.

It is seen everywhere and this same setting is now in a stage for the conservatives and Brexit as well. Here we see a growing list, a list that currently includes Suella Braverman, Shailesh Vara, Esther McVey, Dominic Raab, Jo Johnson (Boris Johnson cleverer brother), Guto Bebb and now Sam Gyimah. We could go on and point out on how the connections are with places like Goldman Sachs, but that is merely stupidity to the max, Brexit is much larger than that.

And the Guardian (at https://www.theguardian.com/politics/2018/nov/30/sam-gyimah-resigns-over-theresa-mays-brexit-deal) gives us oppositional goods we should not ignore. When we see the quote: “In these protracted negotiations, our interests will be repeatedly and permanently hammered by the EU27 for many years to come. Britain will end up worse off, transformed from rule makers into rule takers“. We see a partial and an absolute truth, we could argue that they are both partial, yet that is actually influenced by the economic powers like Goldman Sachs.

Britain will end up worse off‘, I never denied this. The issue is not the temporary ‘worse off’ part, because it is merely a temporary stage, the actual issue is the unaccountable acts by the ECB and people like Mario Draghi. Three trillion all pumped into a stage that was never going to work. That evidence has been clearly seen, yet the overspending goes on and on and on. Being a member of a group where simple book keeping and budgeting is lost again and again due to a two party political game (national party members versus EU party members) is costing the nations dearly and for the most they are all playing possum, it’s not a good thing believe me. The additional issue that all places (like Bloomberg) where we see: ‘Draghi Says ECB Still Expects Net Bond Buying to End in December‘, yet the operative word here is ‘Expects‘.

It is the larger problem in this. Even as the last month has set in we are not given that December is the end date, gives rise to the setting that they want to continue this bad plan. That and a few other parts give rise to walking away. I would personally add that unless nations get the right to targeted killing the heads of the ECB, both present and past (Mario Draghi is about to leave), we should not give any confirmation of talks in any direction. The taxpayers have been given the bills of the high, rich and mighty for too long. When this game collapses (and it will) Europe faces a civil war level of unrest and so they should. They key points in Bloomberg: “The end of new bond buying won’t mean the end of stimulus, Draghi said, in light of the reinvestment of maturing assets, guidance on interest rates and the 2.6 trillion euros ($3 trillion) of securities purchased by the ECB so far. Chief economist Peter Praet made the same point earlier on Monday” gives support to my view (as well as some consideration that we might have to resort to targeted killing at some point).

our interests will be repeatedly and permanently hammered by the EU27 for many years to come‘ the second part is the consequence of banks losing power and momentum, because 68 million consumers walking away will hit EVERY book there is and the banks and power players will become vindictive little children as their need and desire for Sex, Drugs and Rock & Roll can no longer be met. Salespeople in a growing economy walk around like the (Pea)cocks that they are, in a recession and shrinking economy the become blaming little bitches, just like every other corporation. I have seen it too often. Making deals they cannot hold and when the facts are laid out they go into the blame game throwing it on the others ability not to be able to communicate. Cash is king, bonus is sacred and the rest can get fucked. That is the world we created and the UK will get hit by it, yet there is also another part. You see, the quiet number two elements in that venue will see it as an opportunity to rise and people like Sam Gyimah know this, he was at Goldman Sachs long enough. For almost five years the UK and Scotland did not consider the power place they had to assist India to become much larger European players and as such get some of that cream. But some were too busy facilitating to Pfizer and not considering the position nearly every NHS in Europe has and the ability for India to become part of the solution here. I saw this opportunity as early as 2013, but the others were too busy looking into the mirror, considering which DJI logo would look better in their photo frame of a long term sustainable life of wealth. During those 5 years Wall Street has all been about setting the stage to build fortresses to protect IP to their wealth. It is the stage of Jonas Salk versus Pharmasset & Gilead Sciences. Jonas Silk walked away from a $34 trillion payout and saved the American people, as well as many millions all over the world. His action caused the eradication of polio, the other two have the solution to Hepetitis C and is set in value to well over $11 trillion, and these patents are still highly protected for another two decades. America only fights protectionism when it suits them, interesting, not?

There is a third part, a part we all (including me) seemingly ignored. The distinguishing of ‘rule makers to rule takers‘ is a path we need to consider, even as the EU gravy train is in full motion, we see that rule makers are only there in the stage of presentation, to keep asleep the masses. If that was not the case there would not have been an Italian Budget issue, but there is ad even as we see: “Rome could ultimately face a fine of up to 0.5 percent of economic output — or some €9 billion“, should we see it for what it is, a joke? The Italians will add the fine to the debt; they will do whatever they please and in that, Europeans are in a Europe where the rich and the ignoranusses do whatever they please. How is being part of that anything but a joke?

  • The unaccountable actions of the ECB
  • The unmanaged ability to keep budget within the EU
  • The lack of transparency in EU politicians (travel expenses anyone?)
  • The lack of long term thinking
  • The lack to innovate parts that need overhaul

The UK has failings there too, yet by themselves they can make amends over time, in this European Union there is no chance of that happening. So, as the UK pushes Brexit, there will be impact, there will be cost (it was never denied), yet as the UK improves its own standing, whilst the EU keeps on going spending trillion after trillion on ‘stimulus after stimulus‘, it is at that point where the flaccid economies (France and Italy) will impact the others and the ‘rise’ and bettered economies all over Europe to the smallest extend, will not undo the overspending to the much larger extend, we will see presented bettering, followed by managed bad news in that same fiscal year. The entire issue with Mario Draghi and the G30 bankers group is merely one visible example of many. If you think that there is no impact, guess again. How long until we learn what happened in the G20, only after it passed the consent of the G30? The Europeans are about to be diminished to empowered consumers versus disregarded collateral. Some went as far as the early 80’s to make statements in that direction, yet the 90’s was too enabling, only now, only as we see that the entire large corporation setting can no longer be maintained, now we see a much larger change and for all those players it is important to sink Brexit. A true independent monarchy is a danger, because whatever step forward the monarchy makes, the other path will have to take two steps back, and you tell me, when was the last time that banks were willing to do that? For that to succeed all European nations will have to be ‘reduced’ to rule takers, and who elected them exactly?

And right there, we see the final part that opposes the quote of Sam Gyimah. With: “It has become increasingly clear to me that the proposed deal is not in the British national interest, and that to vote for this deal is to set ourselves up for failure. We will be losing, not taking control of our national destiny“, you see, in this EU, the British National Interest is merely a presented one, a PowerPoint page in a stage where the EU parliamentarians and ECB dictate the stage without transparency. That part is seen in two headlines in the last month alone. The first is Bloomberg, giving us: ‘Draghi Defies EU Criticism in Attending Group of 30 Meeting‘, the second one is the Financial Times giving us: ‘EU bank stress tests should be redesigned, says watchdog head‘. The second one (at https://www.ft.com/content/868f2dfc-e842-11e8-8a85-04b8afea6ea3), also gives us: “The comments by Andrea Enria, who is set to become the eurozone’s top banking regulator, were made two weeks after the latest stress test results, which saw British lenders among the worst performers while Italian banks largely sailed through“. As we were treated to the Italian issues over the last month, with Reuters taking the Cheesecake with “Italy’s third-largest bank Banco BPM will discuss an up to 8.6 billion euro bad loan sale at a board meeting on Thursday, picking one or two bidders to continue talks with, three sources familiar with the matter said“, I would really like it if someone would have that conversation of applied logic with Andrea Enria in the near future, especially in light of certain facts openly available. When performance is weighted on the absence of bad loans, I reckon that we get numbers that make no sense at all, optionally making the European economy 0.2% better than it actually is. It could push Italy, France and optionally Spain form a positive to a negative economy, when two of the large four are negative, how much trouble is the EU actually in?

I have never trusted any group that demanded continued membership at any cost. If the EU was so great, people would not want to walk away and now we have two members one who is trying to leave and the second one (Italy) is seriously considering walking away. In all this the third player (France) is in a stage where a positive economy is not likely to come soon. Strike after strike is making that an almost dead certainty. I wonder what the numbers would have been if we had removed Greece (not withdrawing support from them though), as they had less adherence and more options to seek solutions, things might actually be less dire for the EU. The fact that once in never out is the standard gave (in my personal opinion) rise to politicians doing whatever they pleased no matter who got hit in the process.

There is one upside, those who have been placing battle lines are now out in the open, so we see a stage where we start identifying the opponents, the question becomes will there be actions, long winded speeches, or denial? Each has a separate disadvantage and none seemingly have advantages, that is also the impact of a ‘once in never out state called European Union’, for all the benefits are merely given in a memo, with bullet points and is redundant the moment that the next memo is released.

Did anyone realise that?

 

Leave a comment

Filed under Finance, Politics