Tag Archives: labour party

Thomas the Tank wreck

Parents will have seen a program if they have kids, they all love to see that cheeky tank engine. The simple life in the town of Knapfort, or is that Nap Forth? The complication of not getting uncoupled, and even as it was merely an episode one, the not so young population might remember the rap edition of this Thomas (at https://www.youtube.com/watch?v=ETfiUYij5UE), so in all this. Is it about the music or the story? Consider that, when we see the Guardian claim ‘Revealed: NHS cuts could target heart attack patients in Surrey and Sussex‘ (at https://www.theguardian.com/politics/2017/jul/14/revealed-nhs-cuts-could-target-heart-attack-patients-in-surrey-and-sussex). So when we see “Organisations in the area are considering limiting angiogram and angioplasty despite positive evidence for procedures” should we be surprised? You see, I have had one, I understand that it is at times essential and that it is needed to assess the situation. We might see: “Hospitals routinely use an angiogram to assess the health of a patient’s heart“, so there is not surprise here. Yet when we see “Patients at risk of a heart attack could be denied vital tests and potentially life-saving operations under NHS plans to make £55m of budget cuts in Surrey and Sussex, the Guardian can reveal“. Why is anyone surprised? You remember that vague promise from some politician named, I think it was Jeremy Carbonite? Labour was going to hire a thousand nurses. So with what money were they going to do that? The NHS is out of cash and out of options. Whilst we see the NHS being politicised, everyone forgot that whilst those optional solution bringers remain talking, not much gets done whilst they talk and whilst they contemplate the decisions that need to be made; no resolutions and the money kept on draining for another 5 months. So we might feel sorry to the smallest degree for Tory MP Sarah Wollaston, with the mention of “the secretive cost-cutting regime which the NHS is imposing on 14 areas of England in an attempt to save £500m – because it involves “draconian” cuts to services that will hit patient care“, which is fair, it is Draconian and nobody wants it, but as the politicians were shouting at each other time went on and nothing was done, the changes for long term gain were all not done, pretty much none of them. Perhaps Labour can help? Do they not have a leader named Jeremy Carbonite? Is Carbonite not a backup program? Perhaps he has a backup option? He was so ‘speechy’, so clear on what needed to be done. So, Jeremy, what would you do next? Spend more money? It’s gone, your Labour predecessors took care of that, to have an NHS, you need an actual economy, if your side had not wasted the massive chunk of a £trillion in total, there would be options to move the track. Did you think of that as you paraded your addition of 4 figure amounts of nurses, police officers and others?

Did you think that the governing party was not aware of the issues? Did you think that those who are governing are not aware of the fact that the NHS is ending far below the line of zero before the end of quarter three? When we see the quote “Hospitals routinely use an angiogram to assess the health of a patient’s heart. The number of people in the UK undergoing angioplasty has risen eightfold since the early 1990s to almost 100,000 a year, reflecting its growing popularity as a non-invasive alternative to a heart bypass“, we understand that it is routinely done (I had one), oh wait! I never had an angioplasty, I had an angiogram. So why is the Guardian just shovelling two issues together on a pile making it seem as one? Perhaps it is done to make it all a little more trivial? When we consider that an angioplasty is set at roughly £17,500, we see that this procedure alone would cost £1,750,000,000 annually, that is a lot of fish and chips repair, or am I trivialising here? So how much are the costs of an angiogram? One source gave me £5,529, so how many a year operations are needed of those and why was there one number, but not the other? It should be a larger number of ‘operations’ needed, but with the cost being merely a third, the impact is less severe. None of that part matters when it is needed, yet what does matter was given to us in 2010 by USA today. Here (at http://usatoday30.usatoday.com/news/health/2010-03-10-heart-angiograms_N.htm) we see a point that matters. With “A troublingly high number of U.S. patients who are given angiograms to check for heart disease turn out not to have a significant problem, according to the latest study to suggest Americans get an excess of medical tests. The researchers said the findings suggest doctors must do better in determining which patients should be subjected to the cost and risks of an angiogram. The test carries a small but real risk — less than 1% — of causing a stroke or heart attack, and also entails radiation exposure“. Now, we get that it is an American source on US patients, and not on UK patients, yet there have been correlations in health care in many nations, so it is not without merit to state that there is the chance that the same issue to some extent in the UK is taking place. Now, in the NHS age where £500 million in cost cutting, is it such a stretch to cut the one procedure that is seemingly only actually required in 1% of the cases? I am not stating that it is a great idea, yet if we accept that we need to get £500 million down, going after the 1% group might be one of the better ideas. In all this Labour should not object, a truckload of their politicians have made a career out of going after the 1% group their entire life, so there should be a consensus on both sides on the isle on this subject! The quote that is hugely helpful is ““We have to rationalise cardiac investigations and treatments. There’s variation of 60% to 70% between hospitals. We’re looking into why that is. Who in future won’t get an angiogram? That’ll be up to cardiologists,” said one senior doctor“, which makes perfect sense and as we accept that there will be a group of people that goes through one way of treatment, some of this will be done because a doctor had a certain education from a certain medical school, another takes route 2. I am largely convinced that both paths have merit and are in the best interest of the patient. In addition, when we see the 60%-70% variation, what happens when we drill down deeper and set it against the years of practice of the cardiologist. Will there be clustering? I am not stating that any of them are wrong. Yet, is there a chance that a junior cardiologist would see a few more (perfectly valid) reasons to do the cardiogram? I am not stating, not judging, I am merely asking. You see, as stated by: ‘the Guardian can reveal‘, yet that part they did not reveal. Why not? Perhaps the data was missing, yet the article on how “NHS organisations in Surrey and Sussex are considering restricting the number of patients who have an angiogram or an angioplasty” it would have been nice to see more than merely quoting “I don’t think that these extra cuts are reasonable. You can’t justify £500m to the DUP while taking another £500m out of the English NHS“. When we see the numbers I see that £500 million can be cut from one side where the costs are implied to be £1.75 BILLION, meaning that here we see that cost cutting is met whilst that budget remains to get 72% and none of the other parts are affected.

So cutting 28% from a program, whilst one of the other considerations is ‘Shut beds or even whole wards in community hospitals‘. It is merely a good idea to contemplate what could be cancelled, postponed of even considered in other ways. Another part that is true, yet limited to merely a small paragraph is “Saving the £55m this year will prove to be a false economy that costs the NHS more money in the long term, warned Nigel Edwards, chief executive of the Nuffield Trust health think-tank” Now, we might think that Nigel Edward is talking politics to the people that hire his consultancy (which is fair enough), yet he has a point and the point he is trying to make has been proven again and again. Yet, the NHS needs a massive overhaul and for the longest of times, people seemed to have been merely talking about it. Is it mere complacency or is there more? Consider the American source 17 years old gave us a 99% not needed rate. There is no evidence (at present) that this is as high in the UK, yet when we see “rationalise cardiac investigations and treatments. There’s variation of 60% to 70% between hospitals“. In an age of cost cutting that 60-70% is an enormous amount of variation and until properly looked at that data there is no way to tell how valid it is in the end.

The article merely gives us a lot more questions than they answer. That is gotten from the final part with “A Department of Health spokesperson said only that “Given the NHS budget has gone up by £6 billion in the last two years in real terms NHS England and NHS Improvement are ensuring that local areas spend their increasing share equally based on best clinical practice.”“, and in addition we see the mention of Tory MP Sarah Wollaston and “while taking another £500m out of the English NHS“, whilst at the end we see “Jeremy Hunt, the health secretary, declined to comment on the £55m cuts“. In addition there is “under NHS plans to make £55m of budget cuts in Surrey and Sussex“, so the article does not give us many things. Like why these two counties have to cut a little over 10%, the final part is given in the weirdest of ways. Now, it could be merely the reporter having a creative thought. If that is not the case, the entire issue in the NHS is a lot weirder and even more problematic than the Guardian could have revealed. The issue “The bodies made clear that they have to contemplate such controversial measures because NHSE and NHSI have told them to save the £55m. Despite already having “ambitious financial plans for 2017-18”“, so here we see part of a larger problem. We have seen for the longest time that the NHS over overspending, that the cash is gone and that cuts were needed, we have all seen that news for about 2-3 years and here we see “ambitious financial plans for 2017-18“. So based on what budget were those ambitious plans conceived, perhaps on a gurney with a few nurses (a somewhat speculative imaginative thought)?

The clarity of the problem has been there for the longest of times, the governing bodies need to take several matters a lot more serious, and in all this the shifting numbers, the mentioning of the blended events and numbers give rise to several other questions too. All this because certain numbers were thrown at the readers, yet the overall numbers called in questions from the very first moment and as such the article (in my humble opinion) merely stats that there is a lot more wrong at the NHS than most people realise, with all that, caught in the middle are the doctors and nurses. None are getting hired in addition and there are issues for the doctors two, so when they rightfully demand that these ‘ambitious financial plans for 2017-18‘ are being made public, what kind of a story will they receive? The tension should be an interesting one as the pay rise for health care workers was capped at 1%.

So as we conclude today’s event, we all need to take a long hard look at the decision makers in the UK NHS, they are seemingly wasting too much time of the preferential prospect of presentation, whilst the reality was never a given element of that presentation at all. The fact that there are actual issues rising to the surface of the NHS, whether already looked at or not, when we see the amount of issues linked to high variations, in an age where costs are cut to the extent they need to be, is it not weird that those numbers had not be properly looked at and reported on at least 2 years ago? The 2010 article is indicative of that to at least some degree. You see, if it had been, that that would have been evidence that could have been added to this article. The fact that it was not gives rise to the questions I added and in all this it took not that much time. Now in all fairness, to add 30% on a £105M cut. Yet in all this, there is still the issue with the £1.75 billion of angioplasty in the UK.

In addition, to add the amounts that are added, how was it decided where they would fall?

Now we get that there are issues in several places and some would state ‘It will be alright‘, and ‘things will get fixed‘. Yet from my point of view and from the issues presented there are merely more and more questions coming up and it seems to me that the growing issues with the NHS is due to inaction, not merely through cut backs. That is one actual clear given, the issue at that point is not how we can solve the NHS issues, it becomes how can we temper towards zero the amount of idle time and inaction, not in the staff, but in the governing and infrastructural sides.

The additional part that was not seen at present is the realisation that the NHS issue will tighten, and get worse for the next foreseeable future (up to 5 years), you see, the turnaround will take longer with every delay and the recovery from any delay will take longer with every delay we see. The second part that we will be shown with the time to come is that there is a growing concern that the UK aging part has been shelved with the NHS for too long, so in about three years we will see that the NHS geriatric division is not up to scrap and there will be additional increasing pressures on the NHS soon thereafter.

 

Leave a comment

Filed under Finance, Media, Politics

Betrayed by government?

That is how you should feel in the UK. This is not some issue with the conservatives, I myself am a conservative. The issue is on both sides of the isle. That issue was shown to be very much the case yesterday in an article by Robert Booth titles ‘Tower cladding tests after Grenfell fire lack transparency, say experts‘ (at https://www.theguardian.com/uk-news/2017/jun/26/tower-block-cladding-tests-after-grenfell-fire-lack-transparency-say-experts). Yet, Robert is skating around a few issues, and he should be confronted about this. You see, I covered a few of them three days before that and it took less than an hour to get those facts, they are out in the open. I published them (at https://lawlordtobe.com/2017/06/23/under-cover-questions/), with the actual brochure. You see, the Arconic brochure, which I had in the article as well. Stated: ‘it is perfect for projects less than 40 feet high‘. So please give us the name of the project manager who allowed for this cladding to be chosen, please give us his/her name. So when I read “The communities secretary, Sajid Javid, announced on Monday that samples of aluminium panels from all 75 buildings that had been sent for fire retardancy testing had so far “failed”“, I am not that surprised as the Arconic brochure states on page three ‘a polyethylene or fire-retardant compound’, so which is it, because polyethylene is a combustible element, so there must have been two options here. And there is, you see whoever made the choice chose the Reynobond (PE), which is the combustible edition, that is what earlier news gave us. So in that case, who signed off on that idea?

The actual Arconic leaflet gives you this information BEFORE purchasing. So when Robert gives us “The Department for Communities and Local Government (DCLG) asked councils to cut samples of at least 25cm x 25cm from the cladding of towers and send them to the Building Research Establishment (BRE) at Watford for testing but has not said if the tests show whether they meet a British standard test” I wonder who are they kidding here. My question would be ‘Did the DCLG know that they were enabling their buildings to become Roman Candles with the option to kill anyone inside that building?‘ it is not really the same question, yet with Grenfell, we have the ‘evidence‘ to the better extent. The next part is even more hilarious, although not on the side of Robert Booth. The quote “Experts have warned that far more comprehensive tests on the entire cladding system are needed to establish if buildings are as at-risk as Grenfell was, including the insulation and design details such as fire stops. The shadow housing secretary, John Healey, told the House of Commons that “cladding is not the whole story”.” You see, here John Healey is as I personally see it the joke and it will be on him. There is indeed more than Cladding, yet the Celotex RS5000 seems to hold water as there are comprehensive fire tests, as one would expect and the brochure does not beat around the bush. They are giving the reader the test names, what and how it was tested. Unless specific combinations crop up (which is possible), the French firm who resides in Saint-Gobain did a decent job. Although in the last days there is an update that they are withdrawing their materials for any project on buildings that are taller than 18 metres. That is a fair step to take, yet with the possible impact this offers, certain parties could under common law now find themselves in a torts case for loss of economic value and losses, which could be a very large amount. This is what a lack of transparency gets you and Robert Booth does point that out. And yes, after my article, Celotex gives us “Celotex is shocked by the tragic events of the Grenfell Tower fire. Our thoughts are with everyone affected by this devastating human tragedy. We have been supplying building products for over forty years and as a business our focus has always been to supply safe insulation products to make better buildings.” I find that acceptable. Their brochure is to the point, gives us a lot of good and the architects should have had the info they needed as well as a handle what else to ask for or what else to test for. At present, unless there are inconsistencies or misquotes, the work of Celotex is all above board and all good (me speaking as a non civil-engineer). The second person now under scrutiny should be Barry Turner as we read: “Barry Turner, director of technical policy at Local Authority Building Control, which represents council building control officers also asked: “I would like to know just what tests these panels are failing.”“. You see, in opposition I would ask, what tests were performed, how was testing done and who signed off on that? Again Arconic gives us in their own brochure: “the ASTM E84 test” and it passed with a Class A. Yet, that test involves a horizontal test sample’, so how horizontal was the Grenfell tower when people were living in there? Perhaps a vertical test would have been needed. I am merely going for broke with the questions. Of course the press will soon focus on the ‘savings of £1.5 million‘ yet I wonder if there is a real story there. It could be, but I am not convinced. You see, the directive to choose away from the initial builder as to the why, and the shown facts beyond the mere cost saving that will impact it all. In addition, the fact that the cladding was done to appease the luxury flats around that building is another matter for discussion. You see, when a building was safe enough, adding a fire hazard means that those requestors can also be interviewed very visibly now. They wanted a better view, so how was that view on June 14th? Yet we see little of that in the article. At this point, Robert gives us a gem, one that is interesting. The quote “The London Borough of Hounslow, where the Clements Court tower failed the DCLG test, panels are being “swiftly” removed, but the council stressed: “The insulation material behind this outer cladding is a ‘Rockwool’ material which is a non-combustible product, unlike the case of the Grenfell Tower, where the insulation was a combustible type“. You see, when we look at the RS5000, we see “Due to its excellent thermal insulating efficiency at service temperatures ranging from -297°F to +300°F, polyiso foam has become the standard for low temperature insulation applications“, this is the information we get on ‘Polyisocyanurate Foam‘ which is what is used in RS5000. So who are the members of that council, can we get names please? With the encountered allegations that go nowhere, we do not seem to get any names, so shall we get all the members of the Borough of Hounslow in the dock and ask them some questions? The fact that the insulator seems to fail is that vertically burning polyethylene (Raynobond PE) tends to go beyond 300F really fast, and we can agree that under normal weather conditions, the temperature of 150 degrees would never be met, would it? The final quote to look at is “One architect responsible for some of the projects where cladding has been ruled to have failed, asked: “What are they testing to what standard? This could be a massively costly and disruptive error to thousands of residents.”“, what standard? Well the one that does not burn people to a crisp would be nice. And if it is a costly, does that not make the test still valid? Also the given term “’costly and disruptive error’ to thousands of residents” by that architect? Perhaps his comment was taken out of context to some degree, but it still leaves me with questions. The disruptive error we see now is that those people who died do not complain, the ones burned and still living will complain as will their family members. The fact that I as a non architect, with limited firefighting expertise (a remnant of my merchant navy and marine rescue days) was able to question the validity of choosing Raynobond PE the moment I had gone through their 7 page marketing brochure. There remains an option that there are questions regarding the Celotex RS5000, yet with the massive failure that the cladding was, the insulator has no real way of proving itself. All this was obtained from merely watching 30 seconds of news film and one product brochure. In that we see that over half a dozen councils need to reassess their values and choices as we now see that changes made in haste are done in Liverpool, London, Plymouth, Salford city and Camden. I reckon that a few more are to follow before the week is out. In all this I love the BBC radio 4 quote the best: “Cladding is being removed from three tower blocks in Plymouth, which were found to have the lowest possible fire safety rating“, how does one consider going for the LOWEST possible fire rating? It almost sounds like a Victorian advertisement: “Pay rent until the day you die, we offer both in our places of settlement!

Grenfell is showing clearly that the focus of the government failed, not just this one, both Labour and Conservatives are equally guilty here. Having seen the paper trail as a foundation of non-clarity for far too long, I wonder how this was not brought to light a lot earlier. The complaints from the people in Grenfell can be used as evidence in this case. This time it got a lot of people killed and as he Tottenham MP, David Lammy stated the term “corporate manslaughter“, it leaves me with two things that you all should consider carefully. The scope implies that it is not just corporate and there is every chance that MP’s and council members could share the dock here in court. The second one is that when the evidence shows that it was about cutting costs at any expense, we see that with the BBC4 radio part. Is it still manslaughter, or does it become murder? Is leaving people in death-traps, with such intend manslaughter, or should we call it the way it is “casualties for the sake of profit margins“. There is no common law part in law or in UK cases to make this an actuality, but perhaps it should. Perhaps it is time to make that change, if only to stop greed to some degree, because 149 victims in one building would sanctify such a change in law. The government that does not give that honest consideration in both the House of Commons and the House of Lords during at least two sittings each is betraying the trust you bestowed upon them. This is now becoming a job for the Law Lords and as the blogger Lawlordtobe I call upon them to make the UK a safer place to be.

 

Leave a comment

Filed under Finance, Law, Media, Politics, Science

From Qatar to the United Kingdom

The last few days have been all about the issues of elections and the gratifications some see with the Labour party. I am impressed on just how gullible people can be. It’s like the need for common sense has gone straight out of the window. The last time the Labour party pushed the UK into deep debt, now because of Austerity the people think that the Labour party will change this. So what do you think will happen when another trillion in debt is added? Its like politicians have gone crazy. Spending without accountability. When will it end? And if you think that the UK is so much better than Greece, than it is important for you to wake up fast, because the debt of the UK is well over 700% of Greece. For now, the UK is above the curve because of manufacturing, tourism, service related profits, but when that curve falls down it goes south in a hurry. Where will you be then? Most will think that it is for someone else to fix, but those short sighted people will be around when the cost of living is up by 20% whilst your income has a mere 3% correction. that is the reality of what is to come. On the other side, Theresa May has mace mistakes, she bungled the balls a few times and that is a flaw that did cost her a majority. Yet, the end is not yet in sight. If the Conservatives can set a correct dialogue with the Lib Dems, then Tim Farron will have 4 years to show he is a leader, to show that the Lib Dems matter. In 4 years whilst we get a clueless Jeremy Corbyn stating how he promises thousands of jobs whilst the treasury has no way to pay for it. Until the tax system will get a true overhaul and take care of the 0.1% tax bracket for the large corporations, there is no chance that anything will be fixed. It is a mere reality all those in the UK face. And Scotland, well they went foolish on a second referendum and 35% of Scotland decided to find another party. Yet there is also the other visibility, the game that should have never been played against the foolish move. Yes, the majority is gone, but 13 seats against the non stop media heist of the truth and playing whatever story would erupt in the most readers and emotions. That game could have given a much larger cost to the Tories by the end of the year. That is merely my view, I have no way of proving my view, which in equal measure means that I could be wrong.

So what is left? Time will tell, but the next events of the Brexit is about to be due. As we see places like the NY Times give us “It enhanced the possibility that a chastened government led by Mrs. May would now strike a less confrontational approach with Europe while seeking a way to keep Britain within the bloc’s large single marketplace“, we have to wonder who is facilitating who? With the additional quote “The European authorities have consistently emphasized that Britain’s continued inclusion in the single market requires that it abide by the bloc’s rules — not least, a provision that people be allowed to move freely within its confines“, this is part of the problem, because it is showing to be unrealistic and the other players, none of them want certain people. They are so happy that all those travellers believe that the UK is the golden dream. When those people end up somewhere else, we are confronted with over half a dozen members who see their own infrastructure collapse. There is Austria with new anti-migrant measures, with ‘protective zones‘ and a whole lot of other issues. The less said about Greece the better, what is a given is that they are under such stress that their reactions make sense, yet most of those illegals don’t even want to be in Greece, they are just passing through. The Albanians being one of the larger illegal immigrant groups is giving the impression that Albania is empty. Bulgaria is setting up barbed wired fences. Those people all howling for free movement are all trying to get rid of the problem. The open borders have failed, only for large corporations needing zero hour workers, they prosper. And those in ‘charge’ in the European Union play their game, their defiance in support of the gravy train. And then we see a new quote, one that gives rise to certain media playing the game they are. “In short, the election has complicated the assumption that Britain is headed irretrievably toward the exits, producing a moment in which seemingly everything may be up for reconsideration“, this was the game all along. those behind the screens, those deciding on the flow of trillions, they need their 34% profit annually, without the UK where it is now, that is no longer an option and the voice of Italy is still not a given at present. So when you read: “Those who have favoured Britain remaining within Europe, or at least softening the terms of its exit, now have “an expectation, or at least a hope, that cooler heads will prevail,” said Jeremy Cook, chief economist at World First, a company based in London that manages foreign exchange transactions.” Is it cooler heads, or greedy heads? There is cause for consideration that a hard Brexit was never a good idea, but as the EU cannot muzzle or chastise Mario Draghi, the EU is becoming too dangerous a place to remain in. It gives additional cause for concern as the deep web has a speaker who has been advocating the need for targeted killing of certain finance officials. I am not sure that this is a good idea, but prosecuting politicians who cannot maintain a neutral budget is not a bad first step. the problem is that Strasbourg is more about protecting terrorists and their rights than it is to protect victims of exploitation, because extremists hiding behind laws is often easier than doing the right thing for the victims they create.

The dark web has a good thing, it lets me see some elements completely unfiltered, yet you get it all, all the hypes, the rages, the ragers and the emotions, you need to learn to filter the values. Which is at times a lot harder than you think. So when you dig beyond grams and the easy access to drugs and weapons, you could find a few places that offer an option to those willing to be tools for a little while. the payoff is extremely large, yet that also beckons what the facilitators get. You see, getting a 7 figure number buys silence, yet in that view, what will the payer get, what is worth facilitating a 7 figure reward for? Some of these offers are getting louder and more frequent. This implies (highly speculative) that there is a hole in the net and certain entrepreneurial players are going whilst the going is good. Several addresses offered even more since the elections, implying that as there is a hung UK government the going is better. I am speculating that there is a finance hole that can be exploited for now, it is speculation, but it is all I have for now. These people are so paranoid that it makes Alexander Bortnikov a mere naive and trusting teenager, an interesting version of the director of the FSB, don’t you think?

We need large changes and throwing money at it will not yield the people anything, merely deeper debt. It is for that reason why I refuse to trust Jeremy Corbyn. Yet these issues are on one side, the other side is equally an issue and equally a problem, also for the UK. Qatar is now in a different place. It started yesterday with ”There is no trust’: Gulf states give up hope on Qatar’  (at https://www.theguardian.com/world/2017/jun/09/qatar-united-arab-emirates-diplomacy). This is not that unexpected, but that we see actions by UAE, Saudi Arabia, Bahrain and Egypt gives rise to more extreme measures. Qatar is now surrounded by people who have had enough of them. As we realise that the quote “Omar Saif Ghobas, the United Arab Emirates’ ambassador to Russia, one of the most eloquent exponents of UAE thinking, insisted the new anti-Qatar alliance was not planning a military invasion or externally enforced regime change. Instead, he said Qatar had a history of internal regime change, implying the UAE would welcome the removal of the emir” with in addition “It is Turkey that is militarising the position“, we now see a first move where Turkey has become a much stronger problem for Europe. And some of the EU players were so adamant in getting Turkey added, even as there were several cases clearly shown that Turkey should not have been allowed into the EU or NATO. So where are those advocating to add Turkey now? They should be placed into the limelight and be held publicly to account. The two key supporters were Poland and the UK. So here we see the issue with Boris Johnson. How could he have been so stupid to get on that unreliable horse? As we see Turkey go off base more and more, the higher the need for Boris Johnson to seek another job and get a haircut. Is that a fair assessment?

Qatar has been a problem for a while now and when you see 4 nations who at present prefer to do business with Israel instead of Qatar, we can honestly state that there is an escalating issue in the region and Turkey is making it worse. Now, wee look at the news we got 6 hours after the initial news (at https://www.theguardian.com/world/2017/jun/09/qatar-crisis-grows-as-arab-nations-draw-up-terror-sanctions-list), where we now see: ‘Qatar crisis grows as Arab nations draw up terror sanctions list‘, it starts with “Saudi Arabia and its Gulf allies have sanctioned a dozen organisations and 59 people it accuses of links to Islamist militancy – a number of them Qataris or with links to Qatar – escalating the diplomatic crisis in the region“, which is a mere way to appease the neutrality of our palette. You see, the news is not just on “increased military cooperation with Qatar, including the potential deployment of Turkish troops“, I think that the ‘support’ has been going on a little longer than we think. It is my speculative believe that someone in Qatar has been facilitating Kurd intelligence to Turkey in some way. For a price Turkey got information and this has been a facilitating event. I cannot prove in any way the idea that the counts that Turkey offers is highly overstated and in fact, their attacks are not as successful. It is the way that we see some of these events reported, that is why I questions some of the numbers. Here I could easily be wrong, so don’t take my word on that.
The reason to mention it is because Turkey is following another pattern, Qatar is so out of the way, it makes no sense to get on the wrong side of Saudi Arabia, the UAE and Egypt, at present I cannot state whether the Turkish military are going insane or that there is another play in action. What is a given is that this will escalate further and it will impact Europe as well! To what degree remains an unknown for now.

So, as we go into a theatre mode, let’s go with ‘Pigs in Space’, we have to narrate towards the next episode with: ‘Tune in next week when we see Boris Johnson getting a haircut, and as the man behind health states, would you like to be in charge, does he have the £350m a week entrance fee? And when the head nurse needs some elevation, will The Lord Newby, also known as Baron Newby et a Saudi Nurse? That and more is answered next week in Piiiiiiiiigs in Spaaaace’ Yes, that was mildly entertaining, but it gives reference to a part many might have missed in the Guardian last week. The article ‘The Qatar spat exposes Britain’s game of thrones in the Gulf’ (at https://www.theguardian.com/commentisfree/2017/jun/05/qatar-spat-exposes-britains-game-of-thrones-gulf-paul-mason). It has more information than you bargained for. We can all hide behind “Britain cannot solve the diplomatic crisis in the Gulf. But it can stop making it worse”. You see, it all sounds good and gravy, but over the decades’ nations made alliances, they made choices and some those are long term. In addition, is the UK better off staying out of it, or try to get a result that fits the needs of the United Kingdom? That is the question is it not? We either align or we let others dictate future global events. Saudi Arabia is a global player, Qatar is not. Some choices are hard and in this Labour is very valid in making a different choice, that cannot be held against them, what can be held against them is them thinking that there will not be long term consequences. That is just utter stupidity on a podium. That is the play, that is the game, so as we align with some and align wrongly with some, we cannot just move towards the others stating, lets play a game. We either commit or state openly that Turkey is a clear and present danger to Europe and the European way of life and let the chips fall where they may. I wonder how quickly some politicians (read Jeremy Corby) spin that in any direction away from them at the drop of a hat. So is one view hypocrite, the other view, or are we considering that electing hypocrites into office comes at a price we all have to pay for?

Just sit down and consider that one. That is after you contemplate the meaning of Mario Draghi’s ‘policy normalisation’ and what it is about to cost you. So have a lovely weekend and enjoy a nice slice of cake on Monday!

Long live the Queen!

 

 

Leave a comment

Filed under Finance, IT, Media, Military, Politics

On the purple side

You readers have seen my views in the past. I have been critical of labour and I have given UKIP a pass in the past regarding Brexit, an ideal I am still in favour of, especially as we now see how quick French election promises were shifted like a stab in the back by the French Investment banker turned president. UKIP does not get a soft deal at present, merely because it had a year to prepare, it has a new ‘leader’, one that has nowhere near the charisma of Nigel Farage and charisma or not, they are vying for the top position and if I can chop Labour to size, UKIP deserves no lesser treatment. So what is up with them?

Page 10 gives us the first part “We will fund our schools, build more houses, and rebuild our depleted armed forces. We will do this without adding a single penny to anyone’s tax bill. Our cost-of-living package will also save households £400 a year“, the mere question ‘how?’ should be evident here. The answer given “reduce foreign aid to 0.2 per cent of Gross National Income, and end our financial contributions to the EU budget“, which cannot be done the first year at least, in addition, whatever the UK loses not having to shift into the EU will go into other places, now I am all in favour of giving a chunk of that to the NHS, but the math feels wrong. The reality is that foreign aid often intersects with creating business opportunity and visibility. In my view to get anywhere near all this it will be a lot more than the 0.2% of that national gross, yet how much would be cut exactly and from where? By hiding (read: presenting it like this) they are actually no better than Labour, they have no real idea how to fund their idea’s. In the end they would cut way too much changing the humane image of the United Kingdom that is nowhere near reality and more than that, the UK would lose their face of strength. You see foreign aid is also showing a face of strength. In light of: ‘We can help, we can do this!’ that is a strong message and that strong message cannot be tempered with in light of Brexit, until proper trade paths are set, and properly set in stone, changing the face of England is a dangerous one. In addition, the pledge of more police in light of Manchester just days ago is equally stupid. There is no indication that it would have stopped the Manchester events and more important, labour left the UK with so much debt that we will be feeling that pain for at least 3-4 more years and there is a reality, there will be initial pain from Brexit. UI have always stated that the UK would grow to strength much faster after that, but it is still an issue that will need to be overcome. In addition, as the VAT is removed from the domestic energy bills, the coffers will remain empty, the deficit will go up because that money would need to come from somewhere else. Where will it come from? Tax increases? Extra levies on environmental reasoning’s?

Then on page 12, UKIP does something really stupid, and believe me that stupid is the word for it. As I personally read it, they set into the light, their own Patrick O’Flynn, UKIP MEP for the Eastern region. When we read “Starbucks recently reported profits of £13.4m on a UK turnover of £380m. Its corporation tax contribution fell to £2.7m, down from £7m the year before. How can a vast business that sells coffee in paper cups all over the country for £2.50 a pop end up paying a corporation tax contribution amounting to much less than one per cent of turnover?” Now, the question is valid, but there is a clear side. Turnover (£380m) and profit set at £13.4m, so corporate tax being £2.7m. So we can speculate that it is 17%, that is not too low, consider that Starbucks has shops all over England and in some of the most expensive places in the UK. They have around 800 stores in the UK alone, meaning that there are UK offices too, including the European HQ. So with shops all over London, what do you think the costs are? Now, there are issues for sure, yet in that light to set Starbucks in the limelight whilst the Apple games of legally allowed bookkeeping is setting a very different picture was just stupid. Macworld gives us that part (athttp://www.macworld.co.uk/news/apple/apple-q2-2017-financial-results-revenue-figures-apple-earnings-report-3581769/), when you make $53 billion per quarter, a lot more should be going to the state, yet this is global not just UK, yet it is interesting to see that Ireland was fighting the EU ruling that Apple had to pay back taxes and the Irish government is fighting that ruling, which is insane on a few levels, so far the Irish state has spend €270,000 in legal fees, to fight the demand the EU has that Ireland is due back taxes from Apple. This links to the UK, because the tax system on corporations is an issue, which UKIP addresses on the same page, yet they are just addressing corporate taxation. It is not the issue that is draining taxability, it is the allowance to shift what is charged in the UK.

Let’s show this in an example. A software firm ships software to the UK. The software is set to £0.01 as it goes to the software office from wherever. The software costs £999 and is sold to companies lets say in a package deal with 30% discount. We now see £999 + training £250 + consultancy £750 totalling £1399, discount was £600. Yet the head office wants the agreed £999 software part (or at least the contribution percentage), so the discount is in the books applied to the other two. £1000 minus £600, so we see a taxable amount of £400, now considering the consultancy and training costs in staff, how much is left to tax? That is a multi billion-pound shift, so talking about cups of coffee is a little bogus in my mind. and all this is perfectly legal, because it was set in a package deal. If you make that option no longer an option then that firm either sells a lot less or pays a lot more in taxation, is that not a much better setting? The business side reads nice and it is a nice set-up, I am not sure if it would work like that, but time constraints sets me in the mindfulness that there are a few question marks, but overall the setting of opposition of the small-mindedness of Labour reads nice. In addition, they actually missed the opportunity to offer incentives for businesses to hire aged workers, when that is made more appealing, there would be a business shift that aids in better moral, implying that there would be more competition within a firm which would drive and work eagerness to some degree, which is merely a speculation on my side. Yet they drop the ball with British jobs for British workers. Yes, it has been their voice to do so and I am not against it, yet the voicing of “we should be offering jobs first to our own unemployed, rather than inviting cheap labour from overseas to do the jobs British people are perfectly able to do“, this brings fear to the British Farmers who at times feel lucky to get anyone to take a job outside of the cities. I took special interest on how UKIP decides to solve the housing issue. We get some facts, but there are two elements that are vital to it all. You see, the claim of “a bold policy to roll out high quality, low cost factory built modular (FBM) homes, affordable on the national average wage of £26,000” reads nice, but lacks any solution that would actually work. You see, I can find that (at http://www.hanse-haus.co.uk/house_overview.html), yet the issue is for the most not the house, it is the land and location. Unless the people in the UK are willing to move out of London by a decent distance, the land will be unaffordable, in addition, whatever is built will only fuel congestion in several ways. So it will be about location, infrastructure and availability of services (gas, light and internet). As these parts are often not too lavish or cheap, getting anything at £250K is a stretch at best, in addition, how would there be a working life when the places affordable are on an unholy distance from any location work could be found at. None of the parties has any realistic solution. The Greater London area is so pumped on price per square inch that finding a liveable solution is almost out of the question. so finding a place for 60,000 is almost the unsung drama of the century at present. Page 17 does have some nice parts, parts that I offered as a solution in the past to other parties. I like the restrictions of housing to be for living only and not for any resale other than back to the Housing Development Corporation (HDC). It is close to the only way to get a lid on speculative profiteering in housing projects. I have seen and felt that impact myself in the past. It would enable first home owners a lot more and might help, yet the reality is that this would be outside the Greater London area, which is not a bad thing as there are plenty of cities that could benefit, yet will it work? what reads nice is not a guarantee to be a solution, so I will keep an open mind. When it comes to the NHS, UKIP makes similar mistakes Labour does by merely throwing money at it. For sure the NHS needs the cash, yet the issues are not addressed. The issue is not just “1,500 doctors leave Britain every year for better pay and more relaxed working conditions in Australia or New Zealand“. Addressing that part is essential in solving some of the issues the NHS has, like Labour, throwing money at it will not really work and besides that, where the money is coming from is equally a question that is an issue, because a coffer that has no £9 billion, has no option to spend it, so where is it coming from, merely pointing at the foreign aid budget will not bring forth the coins, so as UKIP has no real solution at present we need to consider alternatives. One alternative could be that any doctor or nurse working a full year at the NHS would see a 5% lowering of their student debt. Would that not be a solution to consider? It would relieve stress, they would actively work and lower the debt without paying and that improves their quality of life especially their first 5-10 years, in there we would see that the NHS could benefit from those 6-10 year veterans, a group that is dwindling down the fastest as I see it. Their part on national not international health care is pretty insane. It is unworkable as refugees and other cases would fall out of the basket. Telling a refugee that this person is not entitled to health care is just not an option. It vilifies the NHS in untold and unacceptable ways. In addition, such paper requirements would give power to insurance agencies in ways I don’t even want to contemplate. Their entire approach to mental health is pretty much food for the waste basket. As we read “Every year, some 150 million GP consultations and up to forty per cent of A&E attendances are linked to mental health issues and drug or alcohol abuse, yet there are insufficient resources for doctors to refer patients to specialist care“, as I see it, Binge drinking needs to be vilified in an open and massive way. It is costing A&E pretty much an arm and a leg in the most literal of ways. Setting the premise that issues on narcotics and binge drinking is either set to private insurance or not treated at all is pretty much the only way left. As the crackdown on binge drinking has failed again and again other steps will be needed. This part in UKIP caters to votes in very much the wrong way. we can see that the healthcare side needs additional help, yet in equal measure it now needs to address that some should no longer be allowed to call for help. The entire mention of cyber bullying was a waste of space and many know that changes are needed, yet as legislation is falling short on technology issues in several ways, there is no answer, so voicing it in consideration is a loss as such. Overall the UKIP manifesto reads better and more believable than the Labour one by a fair bit, I do not believe that the numbers are realistically, as they are mentioning that cuts are to be reversed, yet in all this, there is no valid way where those required funds are coming from. When we consider that with foreign aid ‘The provisional figure for 2016 is £13.3bn‘, and the Gross National Income was predicted to be around £520B, the UKIP idea is to lose £13 billion and spend it in the UK is an issue. With £500 million, there will be no goodwill created outside of the UK, which now implies that business opportunities will go to players outside the UK, on the basis of what is required, what is desired to be cut and what is to be achieved overall, cutting in the wrong pie comes with dire consequences and the ‘upbeat’ story that UKIP provides the provisional voter will not be one that can be maintained to the slightest degree. In all this they focus on corporate tax, yet the tax overhaul that is needed is not seen or shown to the degree it should be. We might love the read on housing, the reality is that the plan has flaws from the very beginning and the protection of farms and farm labour is thrown out of the window as it will be about British jobs for British workers. The least stated on the NHS part the better. I admit, I liked reading their version the best, but like any novel, whether the novel is in red, yellow or in purple does not matter, the life of the people in the UK is not a novel and the reality is that hard times were bestowed on the people (that is excluding Brexit) and the current population needs to deal and suffer that inheritance. Weirdly enough, for the Tories (my blue team), UKIP offers options that the Tories should consider adapting or doing in unison with UKIP, there would be the benefit that some untrained outspoken members could convert to better outspoken people and as they see the light, not only will the quality of UKIP members go up, there is every chance that a more conservative view will be adapted which is good for all of the UK. I have seen messages and forums where UKIP members are and many of them are decent people, only at times drowned out by the loudest speakers rambling more and more extreme expressions, just to get attention. That is merely my view and I believe that this could be solved. As I noticed and reported on in 2015, it seems that people who were not outspoken Labour or Conservative were either Lib Dem or UKIP. It was almost a given that where one was, the other would not be. That is the situation that the Conservatives do not seem to have focussed on (as I personally see it). By offering a wider scope parts of UKIP and Lib Dems would go Conservative which is good as I see it. As Paul Nuttall made three blunders in the last 30 hours alone, he needs to carefully consider where he is moving to. Blaming Theresa May was utterly stupid (wrong does not begin to describe it), being seen as the anti-EU party is a given, but that focus is now no longer valued or valid perse. The issue has been that the spending spree of Mario Draghi was a clear motivator and now we see that Draghi is relabelling a vestment of finance (read: London), as stated by Reuters as “UK financial market infrastructures (FMIs) would be considered as third-country FMIs rather than EU entities“, that part alone should anger the UK people and its bankers. So as Draghi is now stating that the UK stops being European, and set to third country is not only wrong it is a clear statement on a course of blaming of his own failure down the line, and this is happening whilst many parties outside of the UK are questioning the policies of Mario Draghi more and more. the mere mention by the Dutch on how Draghi produced 2.3 trillion out of thin air gives voice that my fears have been forever correct (at least from the beginning of the second wave), that in light that the first wave never actually brought Europe any solid economic growth. The third blunder we see from Paul Nuttall is him calling politicians too cowardly. He wants to recruits thousands of police and troops, but again, there is no way to pay for that. In light of his statement in light of Manchester, he flaws in equal Titanic levels as (thank god for that), it is not up to politicians, but to the intelligence branch and the police to set the stage and the optional solutions, an option made a lot harder by the US lately, a side he did not really touch on. This is also not the time to ‘pounce’ on radical Islam as the path on how to resolve that is actually something that the professionals who are doing just that, are also considering what the best approach is. That is in part the lesson we are now learning from the Manchester Arena. These professionals know what to do and we should let them do that. The attacks on Theresa May, were folly and there was no clear indication on the threat. The evidence now shown that there is a support system in place for Lone Wolves is a really serious issue and I feel certain that the Metropolitan Police and MI5 will know on how to deal with this. So in all Paul Nuttall should have voiced support, not incriminations of any kind. He basically cut his own fingers whilst there was no need to handle a knife at all, as I see it, it will hurt his numbers!

So on the purple side, I have seen some nice reads, yet the reality is that none of the parties can offer anything positive for the Conservatives, they are all in denial of the utter emptiness of the treasury, which does not help their situation either, at least UKIP has the benefit of not trying to push the UK in deeper debt, something Labour is trying to do, straight off the bat. As I see it, the Conservatives remain the strongest, the interesting side is that both Lib Dems and UKIP have opportunities to work with the Tories if they mend their ways and in addition, if UKIP repairs its ability to speak properly and non-extremely on thoughts that were never required to be extreme.

As they presented a purple Union Jack on their cover, they need to realise that this jack is showing shades of purple, attuning their views better to a wider group of British people, who are all optional voters, they need to realise that they are a new party with a visible lack of experience. In all this, I personally believe that Nigel Farage, if persisted in politics could have made a strong gain, in the last week we saw that Paul Nuttall is not up to the job at present, which, if realised by the voters could turn a stronger shift to both Conservatives, yet especially the Lib Dems, because a lot of UKIP and Labour are too uncomfortable with the conservative view (or the Labour view for that matter) and that is fair enough. I just wonder how Tim Farron will deal with the easy slide towards his party. Oh, and that is discounting one part that a lot of people have not considered, which was the case in the Netherlands. The Greens could actually propel forward a fair bit. That part will be known this soon enough.

 

Leave a comment

Filed under Media, Politics

As an election looms

Finally, we get some words on the Labour manifesto, the Guardian has been on top of it and whilst they are presenting a good part, I have a few issues as they went a little light on labour as I personally see it. Again, it is a personal side and as a conservative you should take into consideration that the flaw is on my side, and I would accept it, but let me give you the goods.

The entire review is at https://www.theguardian.com/politics/2017/may/16/labour-manifesto-analysis-key-points-pledges, so you have the option to completely disagree and seek your own version of their vision. The first part “a short note on a new £250bn “national transformation fund” implies that these costs will be funded through capital borrowing” shows their intent on rail, which is a quarter of a trillion through borrowing. So off the bat we are considering electing someone who wants to add a quarter of a trillion to a debt that went off the handles due to the Labour party in two previous administrations. How is that ever a good idea? a chunk of all the other parts is supposedly coming by adding a new tax group of 50% for those earning above £123K. A marginal addition for the ‘fat cat’ group. So those making more than that will be charged for the amount above and I have a hard time accepting and believing that this will get them the ‘speculated‘ £6.4 billion. It reads more like wishful thinking in an age where rationalism will not ever get you that amount. Consider, as mentioned before, something that any excel user can check with the numbers the UK tax office (HMRC) offers, the super wealthy, those making well over a million is limited to less than 5000 people. So how is this billion pound extra achieved? Let’s not forget they only get the 5% extra over the amount over £123K, as such the income will not get close, yet after the election they will come with excuses, whilst we already knew that this was never realistic. In addition, how many are close to the threshold? In this those making £123K – £199K, they might feel safer setting apart certain investment reserves into retirement, if they get that done, the £6.4B will drop fast by a lot. In addition, the Guardian gives us: “But recent evidence from the imposition of a 50p rate in 2010 shows that the measure could spark mass avoidance by the individuals affected and raise no extra funds for the exchequer“, so there is that part too! Remember Jeremy Corbyn and his nurses? The 10,000 nurses pledge? When we consider the already announced part “Health and social care reform at a cost of £7.7bn, as part of a package that includes a guarantee of A&E treatment within four hours and the end of the NHS pay cap“, and the “Free lunches for pupils as part of £6.3bn school package“, that’s another 14 billion, where is that coming from? Remember the tax increase part? When we tally, we see that the NHS part is already leaving the tax increase at minus a billion, all the other multi billion pound parts are not even close to being addressed. This is simple tally stuff that many in their final year in primary school can achieve from their calculus lessons and Jeremy Corbyn and his ‘raunchettes’ cannot deliver, a mere exercise in lewd offensive spending. Choices without proper merit and ignoring the consequences of the deep debt they got the UK in in the first place. I am all for some level of social levy, yet any social act requires to consider the impact, something that UK Labour is clearly not doing. It is even more upsetting that simple calculus gets us to a place where this would never have been a reality to begin with. Are you seriously considering voting for such a failed attempt?

When we consider the added Cyber security, and the promise to the security agencies, we see items that are promised without any claim to the cost. Now we might accept that part, yet their own £11.2 NHS IT fiasco should clearly show that they haven’t got a clue on how to tackle it because the limitations they imposed through failed IT is part of the reason that NHS IT is not up to date in the most meagre of ways which is also exactly part of the reason that the NHS hacks were successful in the first place. In addition the entire pension part is flawed, that is a given not because of what it states, but when you compare it against the Australian need to already up the retirement point to 67, with a population of 20 million, that is a retirement change already needed now, the fact that the age wave will hit with almost 4 times the intensity in the UK and the retirement age will not significantly up for another 6 years is delusional and as I see it set so that the current Labour electorate can ignore the issue until the next election, at that point it will be way too late and they will offer some diluted solutions using capital borrowing adding another . I see it as we now need an estimated £75bn a year, it is anticipated a near doubling before 2025. You see, some of the statistics have been placing comparison of life expectancy and percentage of retirement, yet as I see it, the quality of life for those born in the 30’s and those born in the 60’s is vastly different. the difference of those two groups is that maximum life is more likely to be in excess of 20 years, so those born in the 60’s and onward have a much higher chance of requiring a pension for close to 20 years longer, on a population of millions, that would equate to an additional pile of billions that would be required. In this the setbacks that the financial meltdowns gave all the people and government institutions, it shows that the shortage will increase and the pension deficit will increase annually by a lot over the next 5 years alone, so not seeing any repair actions is just weird. So as labour proclaims to be ‘social‘ their social unawareness and unpreparedness is just a little too upsetting. Now, the Tories are not innocent either. There is a given shortage and getting rid of the debt is a first step in solving it, so as we see that Labour is now willing to add close to half a trillion to the total shortage and that is just the added shortage of what they want to do to look cool. The added deficit will go straight through the roof adding overall a lot more debt than anyone is willing to consider.

And it is Labour of all others who have no welfare support. they promise a future policy paper, but the overall issue is not that paper (it will be though), it is “There are no spare funds in Labour’s calculations for extra welfare spending. To counteract the effects of planned cuts, under Labour’s current plans it would need to increase borrowing“, so that implies even more borrowing, whilst they amount needed is already through the roof. I did voice a change, I offered a view where there might be some additional ‘fat cat’ costs, even though that is not what I call it, it was a need to increase the second tax tier by 2% and the third one by 1%, whilst increasing the 0% tax group. so basically the lowest people get £100 a month more and the highest (45% tier) loses about £150 a month (as they also have the higher 0% part, they lose a little in the end), around £100 for tier 2 and £50 on the tier 3 part which I saw as a very social thing to do. And all that without burdening towards extra debt. I am not stating that the lowest group did not deserve more, I was working from a 0 balance difference for taxation, so that the coffer would not be denied more coins to address the massive debts it has now. It was a simple exercise in Excel and perhaps my method is flawed, my intention was pure, that is a lot more than I can state for the McDonnell-Corbyn group who will happily max out the UK credit card and leave others to solve the matter after they leave office, just like the two previous labour governments did.

Yet in all this it is not just the Labour party that needs a look, the Lib Dems are also due a little concern. In that I actually like the entire ‘rent to buy‘ pledge. I cannot say if it would work because the ground materials are not a given at present. What homes would be offered? Consider what the foundation is. New houses, would b great, but when we see where, there will be an optional issue. It is of course a way to get the younger generation out of London and perhaps towards other places where a younger population would be a good thing. However, would they embrace life in Essex, Suffolk, Norfolk, Lincolnshire or Kent? What happens when that is not an option, what if the social houses in London does not get resolved? Those elements make the Lib Dems an issue that might not come to pass, yet for every person accepting a place outside of the greater London area, the pressure will go down a little, enough little’s will make for a moment of relief, yet will it work, time will tell. In all this I personally found the second ‘referendum’ offensive. So, because people did not like the outcome, because some didn’t bother voting, the people in the UK get to vote again? I wonder how the Lib Dems will be seen when the EU gets the bill of what Wall Street does, when the UK gets the pounding because the US could not get their house in order, I wonder how those second referendum people will be seen. Even as the US is ‘suddenly’ doing great again, whilst their debt is increasing by trillions of dollars a year, as well as their inability of dealing with their deficit, how will that push others? The US now with almost 20 trillion in national debt, they stated the 1st half of 2016 a collected taxation of 1.48 trillion. now, if we do something not entirely valid, but what if we double it? (the second half is never as much as the first half, yet for argument sake), this now implies that the US would collect a maximum of $3 trillion for 2016, that whilst at present, federal spending is at almost $4 trillion and the deficit is now approaching $600 billion for this year. The deficit, no matter what they report is not getting properly addressed and has not been or over a decade. What do you think will happen when that well ends? Do you think that export to the US will continue? At that point, who would be the trade partner that remains? I do not proclaim to have then answer, yet when we see that at present US total Interest paid is set at $2.5 trillion, where do you think that goes? Who is paid interest on debts that seem to be mainly virtual? Do not think it is a simple picture, because this part is as complex as anything could ever get. Machiavelli could not design something this complex. Yet at the end of the day, the taxpayer is left with the invoice. As such lowering debt is the only safety net that would allow the people in general to have any life. I have always stated and truly believed that once it collapses, it will hit whomever is in debt. I still believe that Japan is the first domino to fall, yet that also means that the US dollar gets a hit that will be a terminal one and Wall Street will falter almost immediately after that, after which the Euro will go straight out of the window, its value less than the German Deutschmark in 1923. Japan has a debt that is close to 240% of GDP, a group of nations that includes the US, Japan, the UK and several other European nations have a budget deficit that is surpassing $9 trillion, how is that allowed to continue? This is not me, this comes from Martin Weiss, PhD. Although his PhD is in cultural anthropology from Columbia University, not in economics. Yet we can agree that at least he has a few degrees which includes degrees from Columbia and NYU, so he is not the most uneducated tool we know, unlike some in politics nowadays. The problem is not the total deficit or the total debt. It is the fact that some players like the Rothschild’s, Wall Street and even the IMF are wanting this game to continue. A push it forward game that benefits the political and financial engine operators and 0.1% of the population. Would it be fair to call this a legalised form of slavery? Is the one option allowed to have the same as a freedom of choice? That is what is more and more at stake. When the people in the UK were allowed this freedom, they chose Brexit, now we see all these players trying to undo that one part, because it is the fear of the players with too much to lose. We get more and more weighted information from the press and that engine is less and less reliable. So what remains? Well, the people in the UK are about to make their selection, whilst we see certain manifesto’s that are debatable to say the least. Some parts are just not realistic at all, yet the people must elect someone. I will not tell you who to vote for, I am merely wondering if the people will ever be properly informed.

This is mainly because there is an election looming and those not governing will make whatever promise they can just to get into office. So what will happen after that? Remember Emmanuel Macron? Making all those statements on how Europe must reform, or else there would be a referendum? Well, merely an hour ago we see: “Both pro-Europe leaders were keen to show solidarity concerning the Eurozone and have broken with previous statements by discussing potential changes to EU treaties. The move is seen by both nations as a way of healing ongoing EU upheaval, combating the rise of the far right and showing a united front in the wake of Brexit negotiations” healing whom? the ECB spending spree recipients? When we see “Visiting Berlin on Monday, Macron ‘did not push for major, ambitious reforms (of the EU) because he knows the chancellor cannot deliver until the elections in September’“, I merely see the fact that the French people have been lied to again, and those people voting have elected a new Wall Street tool (as I personally see it), and the fact that he was a former investment banker was pretty much a clear giveaway. I expect to see some kind of ‘compromise’ that gets no one anywhere any time soon around the end of August or early September, implying that the European gravy train will move along with full speed ahead for another 4-5 years. When you realise this, do you still think my Brexit support was weird? If someone had effectively muzzled Mario Draghi, that might have been a first piece of evidence that reform of the Eurozone would have been a far fetched optional reality, yet so far, that has not and is unlikely to happen.

 

Leave a comment

Filed under Finance, IT, Media, Politics

Awaiting the next…

There is not a lot to do today, the French polling booths opened up 28 minutes ago, there is no certainty who will make it to the palace in Paris and I will not speculate at this time. In that regard, the shouting of ‘hacked’ by Emmanuel Macron seems shabby and shallow. In that same light, we see (what I regard to be) the the hilarious idiocy of Jeremy Corbyn with ‘We’ll fund spending by raising tax on £80,000 earners, says Labour’, which is a joke when you consider that it does not even get close to 20% of the spending spree he has in mind. The UK is in a state of hardship for now and that has always been a known fact. It is a hurdle that the right politicians can overcome and Jeremy Corbyn is showing again and again that he is not cut out for that position. The quotes “under the plans, 95% of taxpayers would be guaranteed no increases in their income tax during the next parliament” as well as “those earning above £80,000 should expect to pay more to enable improvements to the health service, education and other public services” show the level of lacking reality. Now, I have nothing against raising taxation just a little in high earner fields, yet that was to offset increasing the 0% tax bar so that those in low incomes would get just a little more. The improvements needed to health care alone will require billions, more than the tax increase allows for, which means that the UK Labour party is deceiving you. Would you vote for someone who actively and openly deceives you? You as UK voters, you should know this by now. In all this, these false promises from Labour UK is merely a clear sign that voting for them is voting for the downfall of the UK. UKIP is equally down, having no constituencies left and the lack of the charisma of Nigel Farage is a problem for them. Paul Nuttall is not getting it done, which is no bad reflection in him. He started as the underdog and with merely a Brexit, it is not enough. Farage was (even though everyone disagrees) a visionary, not the most diplomatically eloquent one, but a visionary none the less. Paul requires more than he has at present, more following, more issues to work with and these two are much harder to come by at present. The Lib Dems are not in a growing side either, but they already had a following and I will admit that Tim Farron did a lot better in this election than I gave him credit for. If he can connect to Theresa May and plead for essential parts of the Lib Dems message to become accepted by the Tories, he will actually have a game to play and if administered better than Nick Clegg did, he will have an advantage, one that surpasses the Labour party at present, which is saying a lot.

In all this, we have weeks to see the press give voice and give a swing to what these politicians are trying to say without sounding like Oliver Twist with ‘Can I have a little more please?

Whatever happens, it will not happen until Tuesday as Monday will all be about France and it will be about the next phase of France. In that regard I do believe that the outcome of the elections is merely a stage towards what will be opened at that time. No matter the win, a European referendum seems to be no longer avoidable. Macron is realising it and Marine Le Pen is merely waiting for Macron to screw up that one mistake is all that will be required.

That is the setting which we will see before the general elections and hen that happens it will impact the political actions in the UK. It all takes a turn when we look at the BBC with their reality Check, those claiming (read: Nick Clegg) that households would be £500 worse off is still not proven to be correct. If anything, they are 0.2% better off, yet there is a little over 6 months to go, so there is room for the end result to shift, yet by June this might be proven to be no longer a reality. It is those bog winded predictions that should be at the core of how we hold politicians accountable and in that regard Nick and Jeremy are not doing too well. Even as they hit out against Nigel Farage when he stated ‘I would much rather’, which is a preference and not a certainty, they themselves are all about ‘is likely to be’ which is actually also a prediction. It is the intonation of ‘it could be worse’ that counts. I have seen too much from certain people showing this path. It is the level of fear mongering for votes that really gets my goat.

Clegg was doing a similar thing less than 24 hours ago on how raising taxation would gain Sheffield £100 million (source: the Express). As I see it “by adding a penny onto every pound of income tax people pay. The tax, the Lib Dems say, would raise £103.7 million for Sheffield each year – £84 million for the NHS and £19.7 million for social care” the quote is merely wishful thinking, by raising taxation by even 1%, the lowest two groups could find themselves in near physical hardship, which now implies that the spike that the increase brings will result in NHS costs more than twice the amount they are gaining. By the way, that one percent addition, implies that Sheffield gets a little too much. When we get the numbers from HM Revenue & Customs, we see that in 2015 South Yorkshire the total taxation was a little over £2 billion, 1% of that is merely £20 million, so where is little Nicky getting the rest from? I am 100% certain that the quality of life in South Yorkshire did not go up by 500% in one year. Yorkshire pudding just does not give that level of taxable revenue. Which implies that Tim Farron has a problem by letting Nick Clegg babble all over the place. Perhaps Clegg was the Obi-Wan Kenobi of Jeremy Corbyn? In all this we see a need for clarity and getting the correct information to the voters, because any Clegg-Corbyn union will ruin the United Kingdom as I personally see it.

So what is next? What are we waiting for?

That is an actual issue, at times we can only wait until the results arrive and the UK will be awaiting what happens next. On this day, this Sunday, the UK will be reacting to what happens on the mainland. Even Greece is getting visibility by proclaiming to be the ally of Macron, so how are they valued at anything? Late last month we see how Greece is one target to make the debtor deal, whilst last week we see that the EU is trimming down the forecast for 2017 from 2.7% to merely 2%, in all this were the numbers adjusted? So after the deal, we get the bad news that the numbers were off by almost 26%, how is anything in Greece valued at all? (source: RTE).

So, those people who were off by well over 25% are all about engaging through the facilitation of a former French investment banker as President of France? In all this the UK will go forward in Brexit, because not doing so will have dire consequences. That risk is now coming from the US a they are trying to get the Financial Choice Act into place. So at the Guardian reported “If you want to buy a house, it will let salespeople push you into high-interest, high-fee loans because it increases their referral fees. On top of that, it makes it easier for realtors and mortgage lenders to sell you into closing services that they actually control – essentially giving themselves a kickback”, is just one of a few issues that give rise to the angers of more than the low income earners to become either a wage slave or homeless. You only need to have been there to know that you will do nearly anything to remain a wage slave. On the 15th of February of this year I wrote (at https://lawlordtobe.com/2017/02/15/pimping-the-united-states/): “If there is an upside, then it will be that the next financial event will have one enormous difference, the moment the US people see that their quality of life returns to a 2009 state, there will be 170-205 million people unanimously agreeing that the President of the United States is to be assassinated, moreover, when that angry mob runs to Washington, the army will not intervene as they will have been hit just as hard as well as their family members. So at that point the Secret Service will need to protect an idiot, whilst they have less than 1% of the ammunition required to stop that angry mob. Good luck to them I say!”, the Financial Choice Act might be the actual point that made my speculation a few months ago an actual reality. At that point we need no longer worry about either the IMF, Mario Draghi or the Euro. I reckon that once one of the players goes a little overboard for mere greed, the people will gut (quite literally) anyone working on Wall Street, at that point the people at the IMF will run for their lives, having no control over what happens next on the global market. Mario Draghi would essentially take the first flight into anonymity and the Euro would take a dive so steep that 10 EC members will take flight to their old currency overnight giving the UK and Sweden a large reason to smile for a few hours (they would still take a hit soon thereafter), pensions in Europe will become a thing of the past. Yes, this is speculation, yet when the financial services making a profit will over $150 billion a year needs more options for profit, I think we can all agree that the dangers of any future lost to the population at large will have dire consequences for anyone facilitating in that endeavour.

The weird part is that Frexit will actually increase the dangers to the Financial Choice Act to become a reality, because that is the way greed tends to go. Those wanting it are already massively rich and they will not care about the 98.4% of the population that they hurt to such an extent. So as we contemplate Brexit, Frexit, Swedone, Withdrawsaw, Czech-out, Donegary and any other fashion word for countries leaving the Euro (oh, I forgot about Beljump and Nexit), the US in their lack of foresight is about to give rise to financial fears to the global market at large. I will dig deeper into the Financial Choice Act in the near future.

 

Leave a comment

Filed under Finance, Media, Politics

Conservatively valued

When I was relaxing last night, I knew that there was an issue with the UK Labour party. There has been one for the longest of times, what was not clear to me is that it went a lot further than I expected. Not only was I unaware that in all the waves of Media bias, the voters themselves had figured out a few things. Not that the voters are in need of education, because proper information tends to give voters a better view of what way not to go. No, the fact that we se (at https://www.theguardian.com/politics/2017/may/05/local-elections-tories-profit-from-ukip-collapse-amid-labour-losses), that the local pats of the Labour party have been decimated by losing over 300 seats, they are not out of the war yet. In that the General elections of June will still be a fight to consider. What seems to be the case is that on a local level, the people seem to have had enough of the Labour party. UKIP took a dive too and has now no election seats left. I am not sure how I feel about that, because it is a local thing and the people will vote for those who will achieve something for them, in that regard I cannot state that for one, how active UKIP has been, and in the second part that for the most, the charisma of Nigel Farage was the driving force of UKIP, without him active in the party, it would all be about the people of the local electorate and how they perceive their local elected youkiperino. The LibDems did OK, which was a little bit of a shock, but perhaps like in the previous elections as there was an interchangeability in electorate councils between UKIP and the LibDems, there is a chance a chunk of those people switched back. I would need the actual datasets to take a better look at that part. The quote in the article by Anushka Astana and Heather Steward is an interesting one, we see: “May’s claim that the EU was meddling in British affairs, which propelled her on to the front page of every national newspaper on Thursday morning as voters headed to the polls, was believed to have contributed to her party’s success against Ukip”, there is every bit an optional truth in that, the entire EC issues and the Europe against Britain has given Theresa May a much stronger view and an increased improved exposure and that is what the local voter are influenced by. I agree with that part, yet that would still not have been possible without Labour pooching their political game. In that Jeremy Corbyn is that larger loser, as I pointed out the day before yesterday in my previous blog. So as the UK moves forward towards next month elections, we will see levels of accusation of foul play by the Labour Party and possible UKIP too, the truth is that the people are realising that it is not one against the other, it is the UK against a non-trustworthy engine in Brussels and in addition the European Central Bank and Germany. Two sides that are trying not to get thrown of the European Gravy train. In that side, the additional usage of a German opening his mouth in, what I would classify as ‘stupidity’ with ‘Brexit: English is losing its importance in Europe, says Juncker’ (at https://www.theguardian.com/politics/2017/may/05/brexit-english-is-losing-its-importance-in-europe-says-juncker), where we read: “Slowly but surely English is losing importance in Europe,” Juncker said, to applause from his audience. “The French will have elections on Sunday and I would like them to understand what I am saying.” After these opening remarks in English, he switched to French for the rest of the speech”. It was bad form, even worse decorum and in that he is now desperately not be seen as a failure, which still has a 50/50 chance of getting getting painted as the ‘village idiot’ in the cold light of day this coming Monday.  The fact that a French election was super unpredictable in round one was pretty much a first in French modern history, the fact that t is not just party polarisation, it is the fact that the people have suffered a massive quality of life, whist in addition that level of loss has been frozen for over a decade is also an issue never addressed by those parties and the opposition is now screaming ‘everyone but Le Pen’ is doing so whilst he was part of a business that took the quality of life away from the French in the first place. It seems that the moment the voters remember their 10 years of hardship and see that one of the choices is a former investment banker, his goose is cooked and ready to get gobbled.

What we do know is that the English language has only increased in importance and it will do so for a long time to come, it does not matter whether the UK is in or out of the EC, the UK remains part of Europe, a trivial matter that Juncker overlooks, in equal measure, when people do business out of their own country in Sweden, Denmark, the Netherlands, Spain and Italy, it is the English language that they hold one too, both sides feel comfortable with. The European population has not felt comfortable with the German language since WW1 and the French in all honesty elide on the elitist ambassadorial need for French, which tens to be not used in those circles either. So Juncker strikes out twice and the hostility created here is also setting the UK population in what might be seen as ‘fighting mode’, which supports conservative values lot more than many bargain for. When a person is attacked on values, that person looks towards family, the homestead, the workplace and staying strong, all conservative values (here I mean original values, not just Conservative party values) and the Tories profited by the situation.

Even as Theresa May keeps a cool head not relying on this victory for the general election, there is a truth in he fighting stand to keep Britain together. In that the Labour party with all its infighting is hurting itself with every round that some Labour person comes out with some strong statement trying to look clever. They merely seem to alienate their own member base. The fact that the Welsh side of the Labour party feels safer doing it on their own is a second sign that shows how much they bungled their own chances (not the Welsh mind you). I have seen and heard cries for Miliband, yet I am not certain how he could fit in. We could argue that anything is better than Jeremy Corbyn, yet the strength of Labour was always coming from a local side and they los that, implying that without that momentum there is no Labour to consider. I am not certain that this is true, in that France can be a driving force for the Labour message in the UK, especially is Le Pen wins. I have stated before and a few times that ‘nationalism’ is not an ugly word, we al believe in our nationalism to drive national pride in sports and products. Do you think that ‘buy Australian’ is merely an empty gesture? As the French rely on the national pride to grow its economy, Labour could do that in the next local elections and regain their own strength (be it with an essential lack of infighting). Yet, this is for the next local elections and in that, unless a miracle happens, the General elections are a wash for the Labour Party. If you doubt me, then consider that this path had proven to be a winning strategy for UKIP and it is still giving momentum to the LibDems. Too bad that the Corbyn groups did not figure this out in time. Will there be a power shift in Labour? It essentially need to be because they have nothing left to rely on, Corbyn threw that away. I cannot state that Miliband is the solution, it is weird, but I do believe that if Ed takes the lessons of his father Ralph to heart, he could swing it all over the next elections. Those who rely on the hatched job the press did two years ago need to realise that his father a Polish Jew immigrated to the UK, fought the Germans (as all British did) and as a University professor created what is now known as ‘the New Left’, Marxist in origin or not, you need to be a person of particularly strong vision to pull that off and he Labour party grew from near nothing to true strength, historical sides that were ignored, even by junior himself. I am not going into he said, she said, and the mud slinging. We know that historically both sides have been fiercely Nationalistic as only the Brits can be. That side has been lost by Labour as it tried to be more European at times, which is now a decided disadvantage, because how did the UK fare under the ECB? Not that great, or at least not to the degree they could have been and the people are seeing the realisation of that more and more, to the detriment of the Labour numbers. Even as some people are urging that Mario Draghi is easing down from his spending spree, Draghi is defiant in his need to wave the trillion-euro credit card around, leaving whatever to come next to pay for the bills. It only resolves the need for Brexit and any anti-Brexit noises we hear will impact the voting numbers, UKIP started it, the people voted on it and now France is moving on it too, yet that outcome is not a given. In all this we see the IMF calling in negativity towards the UK, whilst they have been wrong already three times. In all this we also see the influence of Greece on all this, because it will. Ekathimerini reports: “Greek bonds are investors’ last chance to take a free ride courtesy of the European Central Bank. Athens could soon be eligible for the bank’s program of bond purchases, pushing up prices just as those of other Eurozone bonds start going the other way”, they did not learn the last time, now they have to get to be this stupid again? You see, bonds are lovely for those mediating in this, the expected windfall for those mediating was roughly 50 million Euro last time, and this time? Consider that the Greeks ended up with literally nothing t show for, so why repeat such a stupid mistake, this just drives the need for Brexit and Frexit faster and stronger. That is how Greece is impacting on Europe. We can argue on how desperately the Greeks need it, yet when we know the consequence that it merely keeps the lights on for merely a month and it will take the people years to pay it off, how good an idea do you think this is? And that is when we realise that the interest levels will only rise again giving additional hardship to the Greeks, in all this that so called ‘independent’ ECB seems to be setting the stage for themselves alone. How is that European, acceptable or even problem solving this ECB is? So far there has been no evidence that they are anything but a facilitation to a group that was not elected and seems to have an agenda that is locked down and detrimental to the heath of the entire Eurozone.

Now I agree that my previous statement s a little too strong and perhaps off the boil, yet the election over the next 48 hours are giving us the reality that the people are feeling the hurt, whilst unelected elements are paving the way for big business to get free rides and easy access to the options of profit which will not help the voting population any. Website Fortune.com is giving us “The gross domestic product of the 19-country euro zone bloc grew by 0.5 percent on the quarter in the first quarter, which translates to annualized growth of 1.8 percent in all of 2017, the European statistics agency Eurostat said”, my issue is that the year is not over and in the bulk of all instances in the past, expectations ‘suddenly’ get winded down in Q1 2018, In addition we know that after one quarter 0.5% does not make for 1.8%, and that reality has been shown to many of us too often, the issue is also that this is happening whilst Mario Draghi is spending €60 billion a month, so basically it is fuelling some commerce which is not any level of economic growth, in that realisation, the UK is growing decently and France could go the same way when it Frexit’s the hell out of the ECB jurisdiction. With every spiced report we read, with every ‘speculated translation’ we are given less of less faith in a system that is fuelling itself by plunging the European nations in deeper debt. Tell me, when was that EVER a solution to economic hardship? In my view nationalism seems to be one of the few working solutions left. We just need the right champion and so far (even as I was not a fan of her) Theresa May has been doing the right job, steering the right path, so as a conservative, I feel pretty good. I just hope that Labour gets its act together, because better politicians are forged through opposition, and in the coming four years we need Theresa May to be as strong as possible, because Brexit will not be a cake walk, as the European players are losing their power base and as their fear of a mediocre income grows they will be changing their games and tactics into something insidious, hoping to strong along weaker players and seeing what they can bank for themselves. The lack of transparency will increasingly allow for it. The fact that there is such a lack of transparency has been voiced by others for some time, yet the lack of actions ran updated code of conduct, whilst the ECB powers have grown (source: Handelsblatt Global), when we see such a failing after a decade, whilst the ECB is all about stopping people leaving the European Fraternity is a weird situation, the act that you cannot be thrown out (see Greece) and when a party seeks a better place (see UK) we are confronted with actual issues on the ECB and its spending spree, even hen its largest player (see Germany) is asking  Mario Draghi to ease off. All this is leaving a bitter taste in my mouth and that is even before we realise that the UK has big national fish to fry and solve (see NHS). In all this should we even wonder how France will react? How the French will act when Emmanuel Macron wins and makes a quick deal with his former investment banker friends? I reckon that there is the smallest of chances that in the hereafter Louis XVIII will ask Emmanuel Macron: ‘You too?’. In that, it is so Monty Python to quote that Emmanuel Macron was 171cm in life, whilst at the day of his death he was only 149 cm tall. I joke and offcourse it is unlikely to happen, yet the rage of the French people is such that 50% is siding with Marine Le Pen, a situation that would be unthinkable before Francois Hollande became president. So you tell me, if Le Pen does not win (not unrealistic) and suddenly the people see Frexit fall away (also not unrealistic), how unrealistic is it when some elements of the ECB get exposed and the French rage that follows, especially when the UK economy remains growing stronger and stronger, that not only will a Frexit referendum be demanded by well over 70% of the French, or what will happen at that point when Emmanuel Macron starts dragging his feet?

We will not know for two days, but after that, no matter who wins, France will be in for several large changes. You might have seen how Emmanuel Macron voiced his view on Frexit, yet like Jeremy Corbyn, talk is cheap and the agenda of an elected official tends to change after getting elected, that much has been proven for decades. The question is how far is Macron willing to take it and how will the French view the changes offered. This all impacts on the UK general elections as it will set the tone for Europe. It will have an impact that will last the rest of this current generation to clean up the mess that EC non-elected officials created.

For those who vote, do so, be true to yourself and your family, whilst being in support of your nation, that is as much as anyone can do, do so truthfully and you should be fine.

Leave a comment

Filed under Finance, Media, Politics