Tag Archives: Leveson

In defiance of definition

I had to think things through yesterday (as well as get over a headache of titanic proportions). The Guardian gave us an interesting view on Friday with ‘loss of role model for boys‘ (at https://www.theguardian.com/tv-and-radio/2017/jul/21/doctor-who-casting-peter-davison-laments-loss-of-role-model-for-boys). The entire issue is that the new Doctor, the 13th one will be a woman named Jodie Whittaker. It is a new step in refreshing the brand; it is equally an interesting step that forums have debated for the longest time. Two previous doctors have given their own view. First we see Peter Davison with “a former star of Doctor Who, has lamented the loss of a role model for boys after the part of the Doctor was given to a female actor for the first time“. It is an interesting premise. I am not sure I agree. Peter Davison who would be regarded as the Doctor by some and as Tristan Farnon by others has played the doctor, and as such has seen waves and waves of fans. The opposition, the side I tend to agree with states “absolute rubbish“, this is Colin Baker who played both the 6th Doctor and Paul Merroney, the cold hearted accountant in ‘The Brothers’. You see, I am not certain why the two sides exist (academically speaking). When we look at ‘role model’, we see ‘a person whose behaviour in a particular role is imitated by others’ (source Meriam-Webster), this came into official usage in 1947, the same year that the words ‘Chopped Liver’, ‘Bikini’, ‘Time Traveller’, ‘Workaholic’ and ‘Final Solution’ were added to the dictionary.

So when we consider that ‘the imitation of a particular role’ is generic, does it actually matter what the gender of the player is? How many people see Oprah Winfrey as their role model? How many are man? Even when we look online for some of the best talk show hosts ever, in one case she was seen below Marc Maron and Howard Stern, who the hell is Marc Maron? So as we see that a renowned talk show host, who was ranked in 2013 as the most influential woman in the world, she got to number 6? I think it is high time that more women become role models. In this we should take heed that Jodie also featured in St. Trinians, so the upcoming role model could be a chaos creator. Yet does that matter? You see in the end, are the younglings regardless of age following the image played, the portraying actor, or the writers who created the image? So are these boys and girls following the image of the Doctor, or the image as written by Steven Moffat, the man who also gave us Jekyll with James Nesbitt?

The definition gives us the character as played by Doctor who, yet in all this, does it matter whether the player is a he or a she? Well, there are a few issues as seen. One source gives us “The gender difference between role models and female students has shown to have no significant effect on student attitudes, whereas perceived dissimilarity with stereotypical role models showed a negative effect on self-confidence in pursuing STEM careers“, in this, STEM careers are the fields of science, technology, engineering, and mathematical . Yet, in this, as we consider the works of Friedrich Weyerhäuser and realising that he died when WW1 began, is there enough traction remaining to give that the highest levels of acceptance? I can understand part of his view and perhaps in those days of set premises on how the family was going to go, it made sense, yet after WW1, we got the great depression, WW2, the era of opportunity, the sexual revolution and higher education. When compared to then the average education now and then, the bulk of the 70% educated now are on par and surpassing the education of the top 90%, the highest 10% is reserved of the higher educated now, whilst 90% of the educated are far beyond the lower 30% of those days. If education is an essential side of acceptance, the premise given earlier should not just surpass the standard of the early 1900, we should see that when a talk show host, an African American woman is the most influential woman on the planet, we can see that it is not the gender of the role model, it is the quality of the model that sets the stance for whomever follows that example, regardless of gender.

Yet, we need to take a step back towards modern sociology. In this, we see that Robert K. Merton is seen by larger groups as is considered as a founding father of modern sociology. In this there might be a foundation to have a new Doctor as a woman. Let me try to reason this as follows. If we accept Robert Merton and his setting of the social strain theory, we should change the barriers. In the social strain we look at the discrepancies between culturally defined goals and the institutionalized means available to achieve these goals. If we accept that ‘success’ is a goal definition and institutionalised means are the setting, the properties to set to get there, we can argue that as it is mainly a man’s world, introducing a woman changes the premise of the path, or in equal measure we can argue that we criminalise the actions women will take to get there. The danger of a strain approach is that there tend to be two paths. If we accept the 5 paths of deviance namely, conformity, innovation, ritualism, retreatism and rebellion, we might see gender as the overthrowing of conformity, ritualism and retreatism. Can any of this be proven? Well, in Chinese culture, most will remember Hua Mulan due to Disney exposure, yet there have been several more.

The question becomes, should it matter?

In my view a role model is a role model. It can be set on bravery like Florence Nightingale, set in science as Madame Curie, set towards engineering like Amelia Earhart (or Charles Lindbergh), we have seen that given the chance in getting toward the path of excellence, gender has never been the challenging factor. As we upped the deviance pressure towards certain paths, we get in equal measure the impact of the opposite direction like the cyclist Lance Armstrong and the fall from grace in 2012. So as stated, it can go in either direction, it is the drive, the realistic option of meeting a goal that has the larger impact.

In this, Colin Baker also stated “They’ve had 50 years of having a role model. So, sorry Peter, you’re talking rubbish there – absolute rubbish” he said. “You don’t have to be of a gender of someone to be a role model. Can’t you be a role model as a people?” This is a fair enough view. Yet in my view it is not merely the one playing the role, but in equal measure the quality of material handed to the layer, which gets us to Steven Moffat. I believe that one enables the other which gets us the result. For those in doubt, ask yourself, who remembers Charles Laughton, Domonic Rowan, Arthur Bouchier or Tony Church? They all played the same character! Now who remembers William Shakespeare who wrote the Henry VIII play?

It is not a fair comparison, but the comparison still matters, these players will be remembered by those who watched the play, probably for the rest of their lives, but the others? Even as TV reaches billions, we realise that our old idols like Gareth Thomas and Paul Darrow in Blake’s 7 were heroes to some, yet have we forgotten about Terry Nation, the man who did not merely created the Blake team, but also was responsible of creating the Daleks, an opposition who has been enthusiastically exterminating mankind since 1962?

When we realise the cogs in the clock that makes the setting for the heroes we have admired for the longest time of our life, is it not sad that those who actually created the wave of role models are too often forgotten? When we realise this, does it actually matter what the gender of the role model is?

It is just a thought that you should consider when you get some hatched job from the Sun or the Mail online, remember that when it comes to role models, they have never been one to follow any, their role model is greed and circulation, so as they give us “It is frankly nauseating that the [BBC] should now get on their sci-fi high horse and gallop into Right-Onsville to plonk a woman sheriff in town“, let us not forget that the people referred to are the same people who gave us “The captain of missing flight MH370 practised crashing into the Indian Ocean on a simulator weeks before his plane disappeared, confidential police documents reveal“, right after the entire Leveson inquiry and never showing ANY ACCEPTABLE level of evidence. It is even better seen in the Guardian article (at https://www.theguardian.com/media/greenslade/2012/nov/16/dailymail-leveson-inquiry), here we see “How is it defensible to talk of “freedom of the press” in the collective sense when a single man exercises so much power?” as well as “For a national paper to devote the best part of a dozen pages to an investigation so obviously based on prejudice against the Leveson inquiry is surely counter-productive”, this shows us that no matter how we see a role model, it is likely to be under non-stop attack by media publications that have merely the doctrine of greed via circulation in mind. So will Jodie become a new role model? Will we see Paul Dacre in a straightjacket? Would it not be great if we got both? We get two role models, Jodie to tell us how we move forward and Paul to show us how being backward tends to be a self-destructive path. All options in the innovation path, none of them gender based, merely two examples on how we should and could see innovation move.

So in defiance of the definition is not entirely in play. Gender was never a given, it was what others made those role models to be in the end, I will leave it to you to follow whomever moves you forward; it does not matter if that person is a he or a she, does it?

 

 

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Age of darkness coming

An interesting article came to light today. Actually, it might not be that interesting. It is merely the consequence of a series of bad decisions by several people. The interesting part is that it was not a local thing. This is possibly one of the few times where several decisions on a global scale escalated one another into the move away from what at times now is laughingly referred to as ‘journalism’. The Guardian (at https://www.theguardian.com/media/2017/apr/15/journalism-faces-a-crisis-worldwide-we-might-be-entering-a-new-dark-age) gives us “Australia’s two largest legacy media organisations recently announced big cuts to their journalistic staff“, up to 120 editorial positions are being wiped from the list of employment options. Apparently there was also the mention “Both announcements were accompanied by corporate spin voicing a continuing commitment to quality journalism. Nobody in the know believes it“. It is followed by the mention that this is partly thanks to Donald Trump. The truth is nowhere near Trump, the entire Trump bashing is merely putting in the spotlight what had been known for some time. There is however a side that is very much true and it is escalating into a movement that will change even further over the next 20 months. The quote “technology has torn apart the two businesses – advertising and news – that used to be bound together by the physical artefact of the newspaper. Once, those who wanted to find a house, a job or a car had to buy a newspaper to read the classifieds. Now, it is cheaper and more efficient to advertise and search online“, it will change even further and the bulk of the audience is not up to speed yet, but within a year they will be.

For me the messed up situation was visible for a long time. No matter what excuse the people of News give, whatever Fairfax claims, it does not matter. Consider the following: ‘Will you pay $2.4 for filtered news?‘ This question is a lot harder than you realise, because the definition of ‘filter’ is not a given, but it is at the heart of the matter. Let’s take a few parts to give you a little perspective.

2010, 2011, we are given all kinds of news regarding Grexit, a weird dirty dance where some players are ‘threatening’ to expel Greece from the Euro. We see the news for weeks, yet no one seems to know what they are doing and the papers are absent in mentioning a legal work that was published in December 2009 by Phoebus Athanassiou that basically inform us that expulsion is not an option, you can only voluntarily leave the EEC and the Euro. The paper (at https://lawlordtobe.files.wordpress.com/2015/07/ecblwp10.pdf) is a paper that comes from the European Central Bank, so why were the newspapers in the dark? Why were the readers not properly informed on this? All the value of a newspaper thrown into the circular filing system, value lost forever.

2011 Operation Weeting. This would be the beginning of a decline that escalated on a global scale. Most people took notice to some degree regarding the News of the World, the phone hacking scandal and the celebrities involved, yet when the world learned of the hacked phones of murdered schoolgirl Milly Dowler, relatives of deceased British soldiers and victims of the 7 July 2005 London bombings the world did not react in kindness, those involved had crossed a line that a very large group found too unacceptable. Many went from ‘Ah well, celebrities!‘ towards ‘WTF!‘ and ‘Could this happen here?‘ two very different trains of thought, the Leveson inquiry that followed was followed by many and a lot of them not in the UK, when the conclusions were revealed we saw a group of editors shouting murder, fascism and on how the freedom of the press was in danger whilst none of them showed any level of accountability, this was one of the clearest coffin nails. There is more and part is not their fault. In this the politicians also have a blame in the matter. As the actual press (the Guardian, the Times, the Independent) were trying to continue to be the responsible ones (to the larger degree), they were placed next to tabloids, magazines proclaiming to be newspapers whilst limiting themselves to ‘Kardashian puts ample bust on display’ (Daily Mail). A lot could have been prevented by making these tabloids VAT (read GST) enabled. Giving the tabloids no longer a 0% VAT options would have levelled the bar a little (read: truly, just a little) against the actual newspapers in the UK. It could have spurred a larger European change. It would not have ended better for the newspapers, yet some of them would have had more time to change their product and business approach.

2012 Sony, this is the one that really got me mad. Two weeks before the PS4 was launched, Sony pulled a fast one. I discussed this (at https://lawlordtobe.com/2014/08/12/no-press-no-facebook/), in my article ‘No Press, No Facebook!‘, in this case the Guardian was pretty much the only newspaper that gave it any decent attention. A change that would affect 30 million gamers and the news remained absent. So where is the value of my newspaper now? It was “7.1. You must not resell either Disc-based Software or Software Downloads, unless expressly authorised by us and, if the publisher is another company, additionally by the publisher“, it was followed by a weak statement by a board member of Sony, but the papers and other media were quick to ignore it and none had the critical statement: ‘A terms of service is a legal document, a statement by a board member of Sony can be countermanded with a mere memo‘, the press remained absent! It all sizzled down the track as the TPP never came into effect, but the damage was done and now it was damage that hits the press as well as they were too busy with circulation numbers and facilitating to your advertisers, because Sony PS4 advertisement money is what all newspapers desperately needed, so compromising 30 million gamers (that’s Europe, with 5 million in the UK) was likely not a big deal to them.

These are a few of a growing list of issues where the newspapers are in a bad place, but to some extent they got themselves there. Margaret Simons gives us “Today, just about anyone with an internet connection and a social media account has the capacity to publish news and views to the world. This is new in human history” near the end. She is correct here, but she also forgets to mention that reach and quality is still and issue. I have, with my blog, a mere reach of 5-6 thousand readers, which is next to nothing. I believe that I offer a quality view, but that is in the eyes of the beholder. However, I am only a blogger. When she mentions ‘the capacity to publish news‘ is not entirely correct. Some are falling in front of the news because of location, yet these people are for the most not journalists and that is the kicker. Pieces that are truly journalistic remains pieces of value, the people are just having too many question marks. In addition, the people have lost a massive amount of quality of life, and the price of a newspaper subscription whilst news online tends to be free and the cost of living is going up is also a factor we cannot deny. Yet in equal measure I have worked in firms where they all had 2-5 newspapers on a daily base, most (read: nearly all of them) have stopped doing that, cutting costs did that to some degree.

So as we see the announced age of darkness coming into the newspaper business, we cannot fault their hardship, even though they themselves are partially to blame, yet in equal measure, it seems to me that quality journalism is becoming a nuisance in several European nations. They can hide some of the bad news in sponsored morning shows, there they can spin to some degree, but in a newspaper, and it is all about the relevant information, a side too many players are currently too uncomfortable with. Its fair enough that some journalists are trying to get around that part, but as too much actual news is given to us freely at a moment’s notice, many agree that there is too much speculation in some news, like ‘North Korea may be capable of firing a missile loaded with sarin nerve gas toward Japan‘ (source: CBC), yet in equal measure the newspapers have not been the utterly reliable source of news either and on both sides of the publications, there seems to be a growing issue with ethics to consider and that is even before we add tabloids like Daily Mail, Mail Online, and whatever Murdoch gets to publish. The newspapers became a multidimensional mess. I personally think it is because they waited too long to embrace the online community and that is before the new changes hits them over the next two years. By proclaiming themselves as non-accountable and considering themselves as too important, they marketed themselves straight into the insolvency mode. Yet, that is merely my view on all this.

 

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Pimping the United States

I initially expected the USA to do stupid things, but this has got to be the most stupid of them all. As the talks are now increasing regarding the acts of dismantling the Dodd-Frank Act, we see the greedy banks walking out into the open making claims he will break the moment the ears of the listeners are out of range. Marcus Stanley from the Americans for Financial Reform stated: “We had experience with Wall Street self-regulation prior to the financial crisis, and it did not work out well,” Stanley said. “When you let industry determine its own rules, it’s going to create more risks. The downside of those risks is going to be pushed to taxpayers and working families”, (at https://www.publicintegrity.org/2017/02/01/20645/trump-wall-street-and-banking-caucus-ready-rip-apart-dodd-frank). The problem is that like the journalists in the Leveson trial, these two groups who proclaimed that they could self-regulate, have never been able to do so, greed gets in the way every single time.

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!

qnbIn addition, the bankers who are behind the next collapse will end up being the most wanted man by the American people in history. They will flee to whatever nation they can afford, whilst channeling their wealth to places where the US treasury cannot get at it, so Riyadh might end up being the place of choice for American wealth. American bankers who did not oppose the Travel ban of 7 Muslim nations will be totally dependent on the goodness of another Muslim nation to keep their ill-gotten gains safe, the Irony is just staggering!

But is my prediction over the top? Let’s take a look!

 

 

The financial times (at https://www.ft.com/content/dd4a6698-efe7-11e6-930f-061b01e23655) gives us “Loan growth remains robust,” said Marianne Lake, his counterpart at JPMorgan Chase, while presenting record annual net income of $24.7bn last month. Beyond the headlines, there are signs that certain segments have been squeezed. In products such as credit cards and personal loans, for example, analysts say activity has been damped by fear of censure by the Consumer Financial Protection Bureau“, so as certain people see and feel the fear of prosecution through ‘fear of censure by the Consumer Financial Protection Bureau’ we see that this group of financial people have the inherent need for growth and the need for unadulterated bonuses. I will not be able to tell whether this is due to unreasonable revenue per deadline, or just the need to get to the revenue any way possible, unreasonable or not. That is what happened before and messing with Dodd-Frank makes that danger very realistic. In addition, with the US in 20 trillion debt, the next meltdown cannot be covered by the US and in addition, it is my firm believe that the IMF should not be allowed to intervene or hand any bail outs when this happens.

The second part of that is seen in: “In residential mortgages, too, banks and lobby groups complain about the new requirement to determine that the consumer has a “reasonable ability” to repay the loan, based on credit history, income, obligations, debt-to-income ratio, employment status and other information. That has caused a pile-up of paperwork“, The fact that banks are now ‘bitching‘ regarding ‘paperwork‘ to ‘reasonable assure the ability to repay the loan‘ gives rise to even more questions, especially as the need for these answers are needed on a global scale, the fact that we see complaints that seems to indicate that banks just want to hand out cash without clear setting of accountability. In that same article, when we read the part from Laurie Goodman “warranties they need to make to Fannie Mae, the government-sponsored mortgage buyer, and the high cost of servicing delinquent loans, among other factors. None of that was in Dodd-Frank“, so if that was not in Dodd-Frank, then why is it an issue?

This issue as you might expect it goes far beyond the Financial Times. There we read from Jonathan Westin the quote “Trump rolled out an executive order to cut Dodd-Frank, and to get rid of regulation that would protect against a financial crisis like the last time“, which gives the first clear indicator that I am stating could be the start for the first Presidential man hunt in American history. The fact that we see (at http://nypost.com/2017/02/12/battle-looms-as-trump-regime-looks-to-gut-dodd-frank/) “a 22,000-page document, could see the abolition of the ban on proprietary trading at Wall Street banks and on predatory lending” gives a clear indication that banks like Sleaze, Succumb & Snatch will be able to get back into business using Tele Marketing schemes to get people to sign up, they only have to be willing to grab those customers by the pony. Is that what America will amount to? I think that the world would be better of having Wall Street regulated by Mosseck Fonseca, who were only out to captivate the rich, because in both cases the IRS will lose out and they will lose out by a lot.

As far as I personally see it, there is a danger with some of this. One of them involve proprietary trading. The dangers is that with proprietary trading, desks were often considered internal hedge funds within the bank, performing in isolation away from client-flow traders. Yet, the danger comes when third party ‘assistants‘ runs between other ‘assistants‘. The first article gave us that with “It also would repeal Dodd-Frank’s Volcker Rule, which now prohibits banks with access to the Federal Deposit Insurance Fund from making certain risky investments“, where we see the part where Volcker also wanted to stop banks using privileged access to ‘cheap’ central bank financing offering PhD models to play the markets for personal gain. Now that model could change through the deployment of ‘disrupters‘ and ‘spark plugs‘ who will set their own circles getting people to stem the revolting tide or support waves of exploitation. Rings within rings, a chosen few to be the supporting role of the market players. It will unhinge the markets and the people at present would have no defence being in any market whilst they are around. It is like playing against the bank, who is the active gambler. Smaller players would have no chance at all, a market that would become less and less stable in a time where the US has absolutely no way of stemming the losses when they hit.

So like Adolf Hitler, Trump promised prosperity, but prosperity for whom? More important, at what expense? When the former German ruler did it, those people all got jobs, in the military industry. Trump has decided to open the financial industry sluices, yet that direction tends to only open the bowels for financial people which comprises less than 1% of the population there. In addition those profits do not make it to the US treasury, so what game is President Trump playing?

These changes have no ability to correct the economy and the 20 trillion debt is not taken care of, nor will it as things evolve the way they are now. In all this we face tough times and if the Trump administration succeeds in dropping the Dodd-Frank Act the dangers of the collapse of the Dollar is close to a certainty. The dollar going, just to set the need for greed to a previous stage unacceptable need, which will also topple the Euro to an untold low value. There is no way to stop it unless part of the Republican Party realises that undoing certain levels of protection will leave everyone in a dangerous place. This is not just me, there are several newspapers coming to the same conclusion, they just didn’t add the risk assessment of the assassination of President Trump yet (they’ll do that after the act). In that, is my prediction that off? There is a precedent. You see, the Scotsman in March 2009 reported ‘Abused in the streets, their homes under attack, will Edinburgh’s bankers ever be forgiven?‘, where we see “A group calling itself Bank Bosses Are Criminals claimed responsibility for the attack on Goodwin’s home and in a statement to the Edinburgh Evening News said: “This is just the beginning … We are angry that rich people, like him, are paying themselves a huge amount of money and living in luxury, while ordinary people are made unemployed, destitute and homeless” Scotland has a population of 5.2 million. When things went south, well over 55,000 ended up being homeless. That is over 1% of the Scottish population, there was never no homeless people, but that number went through the roof when the 2008 crash landed on the front doors of nearly every bank. So is my prophecy out of bounds, or does it make sense that the next event in the US, could give rise to millions becoming homeless. Where will at that rage be aimed at? I can tell you that it will be a bad day to be a police officer in the New York financial district at that point, not to mention wherever that Trump tower is at. Look at it from the bright side, with every banker executed a new job openings and new housing becomes available. In the end, the aggregated statistics will balance themselves. That event when it happens will also start the selling off of American infrastructure and State assets. The Russian or Chinese could end up buying these services, just like it was done in Greece. In that case, I’m willing to buy the Pentagon Cray Mainframe for $29.95. I’ll pay $50 if they throw in a functional Bell UH-1Y Venom or a Bell Boeing V-22 Osprey.

The things you can get when a financial system gets pimped, life has its upsides for all except the victims of such rash undertakings!

 

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The editor in question

It started to be such a fine morning. I got up at 5:45, got onto the business for the day. Which started by sending a fax to Abu Bakr al-Baghdadi regarding the pressure points of the Dow Jones. It was then that I realised that Mario Draghi has been in office for exactly 5 years. In addition, there is still my anger with Paul Michael Dacre regarding last Friday’s front page, with the mention “The judges who blocked Brexit: One founded a EUROPEAN law group, another charged the taxpayer millions for advice and the third is an openly gay ex-Olympic fencer”. It makes me want to ignore the law and slap the man silly on Trafalgar Square with a 25 inch pink coloured rubber dildo! This side of me wants to make it clear that I do not completely oppose the subtitle ‘journalists are free to complain about Brexit ruling, as Labour confirms it will not block article 50‘ (at https://www.theguardian.com/politics/2016/nov/06/labour-will-not-block-article-50-jeremy-corbyn-allies-confirm), however, when I read the trivialised version of demonising three judges, who have served the nation and were instrumental in pushing (read: evolving) Common Law forward, we need to remind readers, politicians and most others, that it was the daily mail that stated “Leveson law ‘is worst threat to free speech in the modern era'”, for him I have the message: “No, Pharisee Mountebank Dacre, we wanted to hold people like you and Murdoch accountable for the things you write!“, which pretty much sums up my anger and in that regard, I tend to blame the person at the top.

516393-daily-mail-enemies-of-the-state

I do agree with the Prime Minister when I read “the prime minister said she believed the high court had every right to deliver its verdict but argued that journalists were similarly free to complain about it“, she is right, there should be freedom of the press, that was never in question, yet the reference ‘an openly gay ex-Olympic fencer‘ is to be regarded as sexual discriminatory as my view goes. Let’s face it, the Daily Mail is no Jimmy Carr sketch, although, that reference should also come with the warning that Jimmy Carr has a lot more class than the Daily Mail ever had or likely will have.

Let’s face it, those who read my blog know that I have been pro Brexit, although the well-known Marky Mark of the British Bank (read: Mark Carney, Governor of the bank of England) pulled me back on the fence, almost changing my direction regarding Brexit. His address to the House of Lords was that good and gave the clarity all Britons needed before the votes. You see, my move towards Brexit was driven to some extent towards the idiotic spending spree by Mario Draghi. The fact that many nations were losing their national identity was also a factor, but for me that was not the largest one (which is the larger issue for Frexit, if we accept the view of Marine Le Pen). You think I am digressing, but I am not. Yet, we will take a few steps back for the next part.

At [5] we see “in these proceedings is only dealing with the purest question of law” as well as “whether the executive government can use the Crow’s prerogative to give notice of withdrawal“. These are the issues that needed addressing, mainly because the UK remains a monarchy, even as the bulk (51%) wanted to withdraw from the EU, it still needs to be done legally correct. The added issue for the three man wearing wigs that would usually be found caressing the skull of Lady Gaga is that this situation has never happened before, so Common Law needed to focus on Constitutional Law as well as the national (read: domestic) effect of EU law.

In the final paragraph we get “For the reasons we have set out, we hold that the Secretary of State does not have power under the Crown’s prerogative to give notice pursuant to Article 50 of the TEU for the United Kingdom to withdraw from the European Union“, this gets us to that place where the ‘parlour minties’ live, meaning that an Act of Parliament (i.e. passing through both the House of Commons and House of Lords) is needed to actually (and legally correct) invoke Article 50.  MPs would to a certain degree vote according to the referendum result, but several will seek to influence the type of exit agreement from the EU to be sought (read: an implied alteration for what they perceive to be the common good). Moreover, the Bremainians will now seek that time to sway as many MP’s as they can to prevent Brexit. This is a perfectly valid political path, because it also treads the path that some need for their opportunity to serve the ‘masters’ that were never elected, some of them not even British. So as we see this document regarding R (Miller) -V- Secretary of State for Exiting the European Union (PDF here), we can now look at the response from the paper of PM Dacre:

1 ‘The judges who blocked Brexit‘, they did not, they ruled based on the Law that exiting the EEC will require a decision by parliament.

2 ‘One founded a EUROPEAN law group‘, this is a ‘nice’ statement. The truth is that the ELI is “an independent non-profit organisation established to initiate, conduct and facilitate research, make recommendations and provide practical guidance in the field of European legal development with a goal of enhancing the European legal integration“, so basically, Wiki pages are more eloquent in stating the identity of a European Law Group, designed to enhance legal integration than the Daily Mail is, or ever was!

3 ‘another charged the taxpayer millions for advice‘, well, the legal profession has pricing, so if that taxpayer hired a judge for a summary and consultancy of 1600 hours, then an amount well over 2 million would be due (making the statement ‘millions’ true), yet if taxation was paid, no crime was committed and proper advice was given, what value does the statement have? Especially when we see the statement that PM Dacre, by his own admission “had used the private detective Steve Whittamore, who was jailed in 2005 for illegally accessing information, but claimed that the rest of the British press had done so too” (Source: BBC News), so who needs more scrutiny?

4 ‘the third is an openly gay ex-Olympic fencer‘, so the fourth judge is not just legally able, he is also an Olympian, which might be a nice extra, yet showing a judge to be a superhuman athlete seems to be counterproductive on many fields, there is only the issue with the fact that he is depicted as gay. How does this give any indication of either academic or athletic ability?

So, 4 parts of a statement, one part inaccurate, two parts irrelevant and one part utterly incomplete and substandard.

Let’s take a look at another headline from the Daily Mail “ANZ bank chief Mike Smith paid $9.7 MILLION for just three months’ work – or 123 TIMES the average Australian wage” (at http://www.dailymail.co.uk/news/article-3914880/Former-ANZ-bank-chief-executive-Mike-Smith-received-9-7m-three-months-work.html), which now gives us the question regarding that ‘expensive judge’, what were the tax costs for this person and were all taxations paid? I reckon when it comes to ‘costing the taxpayer’ the Daily Mail needs to revisit what certain values and definitions encompass. Yet when we take a look at the Guardian, we see “The Mail editor has claimed £460,000 in subsidies since 2011” (at https://www.theguardian.com/commentisfree/2016/mar/31/paul-dacre-eu-subsidies-hypocrisy-daily-mail-euro-lies), in addition we see in a 2014 article “Paul Dacre’s pay and bonus package soared by 25% during 2014, taking the total remuneration of Britain’s best-paid newspaper editor to £2.4m” (at https://www.theguardian.com/media/2014/dec/22/paul-dacre-earnings-up-annual-report-reveals-daily-mail), whilst his peers got marginally more, including Lord Rothermere, and the CEO of DMGT, that poor man (read: Martin Morgan) got cut down for an amount close to a million, no, Dacre went up by a lot. Now, this might all be fine and ‘correct’, yet when we see the ‘accusation’ on judges and taxpayer, whilst the man getting £460,000 in subsidies and personally getting a car allowance of £10,000 with added fuel benefit of £6,500. So can we agree that the shoddy description from the Daily Mail should be getting a better editorial in light of the news (read: in 2014 it was news), regarding its own chief editor.

In addition, the fact that the Daily Mail has a financial interest in opposing Brexit was also (as far as I know) never revealed by the Daily Mail in any way. So, as I see it Pharisee Mountebank Dacre is a worthy name of mention when regard the hypocrisy I personally categorise it to be. Of course accusation should in addition towards the Guardian by insulting Paul Dacre for being called the ‘Nigel Farage of Newspapers‘, so far Nigel Farage seems to be so much better and more a man than the Chief Editor of the Daily mail is regarded to be at present.

When we get back to target D (Mario Draghi) we see that the Daily Mail is less ‘insinuating’, it merely hides behind the words of Reuters. Isn’t it interesting that a person, whom I believe could be regarded as criminally negligent, is given wave after wave of consideration, even now, less than a day ago, so many, so eager to support another stimulus package, all written out as verbose as possible in the Wall Street Journal. In that I voice that Mario Draghi could be seen as criminally negligent, especially when the next Stimulus ends up not bringing home the bacon at which point he is still not seen as accountable.

When I see “Most European economists disagree with the conclusions of a recent report by the German Council of Economic Experts, which argued that the ECB’s easy monetary policies were no longer appropriate” (at http://www.wsj.com/articles/european-economists-back-ecb-stimulus-1478514545). So consider the following quote “The definition of insanity is doing the same thing over and over again, but expecting different results“, it comes from Albert Einstein and it could aid Mario Draghi in his insanity plea. America has been funding labour through tax breaks leaving it currently 20 trillion in National debt. Mario Draghi is spending trillions, not stimulating anything, which is the massive reason why Brexit got pushed. Why does the British population in the end has to pay for some Italian, spending trillions with the (as I personally see it), lack of actual economic growth, fictive lowered unemployment numbers by paying for their cost of labour and in the end of that cycle, just more and more debt.

So how will this be solved? I think it is time to take another look at the Leveson report and consider the full implementation of it. Even if it merely gets us better and more accurately informed, that by itself would already be a great victory, if it cuts down certain editors by a notch, stopping them from doing the unacceptable act of assaulting three judges the way they were, that would just be the icing on the cake. I never opposed freedom of the press, I just want them to be held accountable for what they publish, in this I am seeing a large population that is in support of what I wrote, that because the outrage they created is shown nearly global. So even as Dacre is pulling a Murdoch out of his hat stating that all publicity is positive publicity.

We need to see it for hat it is, a statement that is currently as far from the truth as it could possibly get and it is time to hold the Media accountable, we sit by for too long. It took the events surrounding Milly Dowler to get the ball on the road and the outrageous statement on three judges is no less a reason to re-consider the Leveson report.

 

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Outrage

I am angry and I need your help!

This is not some weak story about a person who is lost, this is a story about a person who is determined. You see, we have all had enough of the press to some extend and now the time is right to give them a little medicine of their own. This all started as I saw this article ‘Matrix director Lilly Wachowski comes out as a transgender woman’ (at http://www.theguardian.com/film/2016/mar/09/matrix-director-lilly-wachowski-comes-out-as-a-transgender-woman). This seemed not a biggie at first, people make choices, they make them of their own accord and initially I shrugged and thought nothing of it. It is the subtitle that got my blood boiling, almost in a literal way. It stated “she went public after Britain’s Daily Mail ‘threatened public outing’“, now add to this the quote “she referred to the incident as a “threatened public outing against my will”, drawing comparisons to a similar incident involving the paper“. Now add the following parts: “Lucy Meadows, took her life after the Daily Mail published a column by Richard Littlejohn titled “He’s not only in the wrong body … he’s in the wrong job”. Michael Singleton, coroner for Blackburn, Hyndburn and Rossendale, criticised the “sensational and salacious” coverage which he blamed for her death” and “I just wanted – needed – some time to get my head right, to feel comfortable. But apparently I don’t get to decide this“. Well, let’s see if we can change that. I think that change is inevitable, especially if we all unite. You see, from my point of view when ‘pussies’ like that prey on those in vulnerable positions, whilst at the same time ignore transgressions by places like Pricewaterhouse Coopers (PwC) and a few other players, I feel it has become important to change the game that some Journo’s have been playing.

So, let’s turn the tables, especially for those in the UK. Let’s open our offensive on people like Paul Dacre, the Journo’s at the Daily Mail and DMG Media with Viscount Rothermere (for now). Let’s put them in the spotlight!

First up – Viscount Rothermere

Rothermere believes the Daily Mail has been “built on solid ground” and a unique place in the market (Leveson testimony). In my view, as seen in the Guardian as stated by Lilly Wachowsky: “a journalist from Britain’s Daily Mail attempted to coerce her“, so Harold, that unique place, is that coercing people? Why not show some balls and try that on Ian Powell and Gaenor Bagley and coerce some information regarding PwC’s alleged action with Tesco? Perhaps they will give you the goods or that coercing Journo and you will end up with a real scoop, you know, the kind of real ground-breaking stuff towards possible criminal indictment and so on. Or is that a little bit too much of a stretch? Or perhaps there is the ever so slight chance that they will strike back in different ways? Now consider “Rothermere says: “built on a fundamental belief in a trust in journalism as opposed to technology. That’s what makes me proud“, yes, coercing laptops is a little hard, unless you hack them, which might be not all on the up and up legally seen. Finally we get the quote (from the Leveson part) “he is confident the Daily Mail has acted ethically. ‘And I am willing to stand up for us’“, which can be clearly thrown out of the window regarding Lilly Wachowsky. I wonder if we see shrugs, excuses (by stating: ‘It’s on the desk of Paul Dacre’) and other modes of a trans-neglecting mindset.

Second up – Paul Dacre

In December 2015 he proclaimed that he is all about Freedom of Information. He stated: “In the main, I suspect, dislike of FoI is driven by Whitehall’s belief that civil servants should be exempt from public scrutiny. This is in my view counter-productive, and perceived by the public simply as a compulsion to cover backsides“, so is that FoI under any option? Like coercion, blackmail, hacking? Whilst Paul was nice enough to have the quote: “an elitist political class protecting its own interests“, which is like the Journo calling the Politician selfish. That is not the idea we get when their profit is numbers of circulation and now includes Coercion, we can hope it is ONLY coercion (meaning the least offensive way) you get to feed your papers circulation with.

Now let’s get back to 2013 (at http://www.huffingtonpost.co.uk/2013/10/03/miliband-daily-mail-inquiry_n_4038824.html), where we see: “The chairman of the Daily Mail and General Trust has apologised to Ed Miliband after a reporter turned up uninvited at a family memorial service, but insisted the incident did not reflect the “culture and practices” of his papers“, which we can of course set as fictional when we see the ordeal of Lilly Wachowski just faced.

So until the Daily Mail starts their front-page with ‘alleged trans gender’s Harold Jonathan Harmsworth and Paul Dacre surprised their staff by growing some balls‘, they have now promised to actively dig into the involvement of PwC regarding Tesco. I very much doubt that it will ever happen, so until that moment comes, why don’t we make sure that the public at large gets to see every act from these Daily Mail journalists and their family members? I reckon that the public has a right to know, let’s see how many articles and photographs it takes for these revelations until we get:

  1. Some fake apology
  2. Threats that there is oppression against the freedom of the press
  3. Demands from Whitehall against acts that endangers the independence of journalists.

In all this, it seems utterly unlikely that the Daily Mail will hold itself up to any scrutiny and any level of Ethics and/or Integrity.

 

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How to blame an inanimate object.

Something happened in Oregon. For many it will be horrific, to some it has no impact, to others it has an emotional impact. The news at CNN (at https://www.youtube.com/watch?v=yrYkblNgs_U) is all about the breaking news. For Umpqua Community College it will be a dark page in their history. The news is giving all levels of speculation, they are not doing it in an irresponsible way, because they are factors to be considered, but the news diverts on several occasions towards ‘other speculated’ events and dangers. It stopped being news after 20 seconds. It was all about (as I see it) on prolonging the event. Moving from breaking news snippet to breaking news snippet. We can argue on the value here, but there is no issue with that approach, it is a choice. In the case of John F. Kennedy Jr, when on July 16, 1999 his plane crashed into the Atlantic Ocean off the coast of Martha’s Vineyard, Massachusetts the issue was different. For 45 minutes we saw a sailor on the back of a deck. Nearly every newscast (CNN, Fox, CNBC et al) were all zooming in on that same sailor whilst I was at Dulles Airport waiting for my flight. Now that constitutes the pinnacle of bad newscasts, this is not, but there is an issue. You see, as emotions rise in that instance, we all were confronted with 10 dead, 20 wounded and the initial shooter has been apprehended. Something I could have stated in under a minute. Yet, it is not about this newscast, what happened afterwards becomes the issue. An interesting side is shown at EpicTimes.com by Jon Justice (at http://www.epictimes.com/jonjustice/2015/10/ucc-mass-shooting-blaming-the-gun-has-begun/).

This is not the first event and it will not be the last event either. The quote ‘Jon was frustrated to see so many people on social networks blame the NRA and call for more gun control‘ starts it of nicely. You see, guns do not kill people. People kill people. In addition we see the quote: “We need to get over this idea that you can put up a “Gun Free Zone” sign and it will stop the violence”, which is more than just bringing it to a point.

His podcast (also in the webpage) is emotional and seems to strike out to people trying to score political points towards gun at the expense of 13 cadavers. Yes, this sounds extremely crude, which it is. People ignore again and again that the gun culture is not the killing factor, the killing comes from criminals and monsters who seem to score names by going after children. Changes are needed and gun control has never and will never be the solution. You see, when guns fall away, we get blunt objects, knives and other devices that can end lives. Jon Justice starts to blame social media and 20 hours news a day. Jon Justice brings up a very interesting side. Social media and the option of notoriety is a growing concern, in all this guns are not even close to the largest dangers. Should we globally ban Facebook? In 2013 32,719 people died in a car accident. So, why is there no car control, you see nearly all the involved players had a driver’s license? Why are people not banned from cars FOR LIFE? In addition Jon brings up the discipline required for guns. Weirdly enough is that those who legally obtained a gun, some of these what people tend to call Gun Nuts, they tend to revere their gun. They take as many precautions towards gun safety and their weapon as a mother would towards their child. His speech takes a turn that people should observe. His consideration regarding 14 kills in Chicago, which has one of the strongest control laws. How many people spoke out in that regard? Those people taking a chance on political points thanks to the deceased from Umpqua Community College is appalling. Jon Justice clearly has a point.

Yet I started with the amendments. There was reasoning here. You see, the US constitution starts with the three amendments that safeguard liberties. To appease the anti-federalists personal freedoms were guaranteed in the Bill of Rights, whilst in addition limiting the government’s power. Yet, people forget that changing one is lowering the defence of all. I will go one step further, if the people lose the rights to bear arms, we should also change the first amendment where we state that the freedom of speech exists, yet after the editing the people can hold anyone liable for that what they print or speak. This should be great for Hollywood and their residents. Many people will rejoice that glamour press could be held accountable for their innuendo. They are connect because the first three rights were about the people. The first is: “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances

You see, people seem to attack the second amendment, which was one of three set towards the safeguards of liberty.

The American second Amendment states: “A well-regulated Militia, being necessary to the security of a Free State, the right of the people to keep and bear Arms, shall not be infringed“. This links to the Heritage guide to the Constitution (at http://www.heritage.org/constitution#!/amendments/1/essays/140/freedom-of-speech-and-of-the-press). The interesting quote is “The debates in the First Congress, which proposed the Bill of Rights, are brief and unilluminating. Early state constitutions generally included similar provisions, but there is no record of detailed debate about what those state provisions meant“, is that not interesting? Is the meaning and the debate regarding not one of the highest importance? The 1st Continental Congress in 1774 showed the following: “The last right we shall mention regards the freedom of the press. The importance of this consists, besides the advancement of truth, science, morality, and arts in general, in its diffusion of liberal sentiments on the administration of Government, its ready communication of thoughts between subjects, and its consequential promotion of union among them, whereby oppressive officers are shamed or intimidated into more honourable and just modes of conducting affairs” In this light, why do we not hold the press accountable? ‘The advancement of morality‘, is that not part that must be addressed? When we consider the Hacking scandal in the UK that involved the Murdoch Business, on June 3rd 2015 (at http://www.theage.com.au/comment/hacking-scandal-has-not-changed-murdoch-20150601-ghekss.html), we see the following two quotes: “New evidence … has led the Metropolitan Police to believe that this was unlikely to have been correct … the newspaper is unlikely to have been responsible for the deletion of a set of voicemails from the phone that caused her parents to have false hopes that she was alive“, which was regarding the deleted messages from Milly Dowler, which gave the parents the false hope that she was still alive. The next one was “I was taken aback when Davies told me, in a roomful of students and media buffs, that the premise of my question was wrong (and by implication, therefore, his story wasn’t). The Metropolitan Police, he said, had provided Lord Justice Leveson with a detailed report shortly after The Guardian’s correction was published. It showed there was a great deal of uncertainty about who had deleted what, and when. Naturally, Davies added, no one had reported this“, yet this remains linked to the issue that the press had been ignoring personal freedoms and blatantly hack the device of a person without consent. Yet in the end, the press did a double take on false ‘humility’ by promising to do better, an approach that was never met and blatant false allegations returned to be the norm less than 4 weeks after the end of the Leveson report considerations. So in all this, if people want control of something that is not to blame, in equal measure to ‘nurture’ a communion that seems to live on the needed premise of ‘Flight MH370 was crashed into the Indian Ocean in an apparent suicide mission‘, a statement that had no bearing as no evidence existed not at that point and no evidence existed a long time after that, even today 18 months later there still is no evidence of any kind that this was a suicide mission.

Marlin1881Now the second amendment: “A well-regulated Militia, being necessary to the security of a Free State, the right of the people to keep and bear Arms, shall not be infringed“, this is the kicker! The fact that it is not infringed is nothing more than the ability to bear arms. Considered the image to the left.

 

Do you think that this is the weapon made by or owned by anyone who is about killing people? This is a work of art, plain and simple. The issue in Umpqua Community College is not plain and simple. The news gives us that the shooter was targeting Christians.

 

 

So is this person Chris Harper Mercer a mental health case or an anti-Christian extremist. You see, the speech from President Obama seems wrong on two counts. He stated ‘we do not have sufficient common sense gun safety laws‘, how wrong was he? You see, in the first case we can claim his speech should have been ‘Obamacare failed this young man, this young man who did not get the proper care and as a result people at Umpqua Community College paid for this failing with their life‘. In the other case the speech should have been ‘America is under attack, an extremist, under the guise of religious terminal segregation decided to attack Americans and the American way of life by killing future moulders of this great nation where freedom reigns‘. No, another speech was made and the gun, ‘the inanimate object’ got blamed.

The third one has no bearing on these events, yet this one is the last one that safeguards liberties in the US. The text: “No Soldier shall, in time of peace be quartered in any house, without the consent of the Owner, nor in time of war, but in a manner to be prescribed by law“, which basically gives a new view to the British expression ‘my home is my castle‘ in the US. The first is over protected, the second is shunned and prosecuted, and the third gets ignored. All facts that brought forth what was once the greatest nation on earth as well as the champion of freedom. That last part America seems to think it still is, yet when we consider the victims of Umpqua Community College. Was freedom of speech guaranteed so that one person could kill many (an act that was done not through voicing a thought or opinion) or has the right to free speech been taken away from the victims, who had a Christian and legal right to speak out regarding what they thought would be right in their lives and in their community? We will never know, because the dead do not talk.

How can we get past this?

First of all, the following part comes from the Seattle Times, which has an interesting side (at http://www.seattletimes.com/nation-world/roseburg-attack-latest-in-growing-list-of-horrific-killings/), it states: “Oregon is one of seven states, either from state legislation or court rulings, with provisions allowing the carrying of concealed weapons on public post-secondary campuses, according to the National Conference of State Legislatures. The other states are Colorado, Idaho, Kansas, Mississippi, Utah and Wisconsin.” So, there is a small side which does score points for President Obama, ‘common sense gun safety laws‘ is the issue in my view. You see, as I see it (oversimplifying issues as per usual), concealed weapons should not be allowed to anyone that is not part of the police, the military, governmental officials (members of the alphabet group) and cleared private security. It would not have made any difference today. But this fact should still be stated.

There is every option to stop the military from dropping the people who stood by them and let those getting close to retirement to become part of an education location security team, a group of people that is armed and is there to keep the students safe. They remain semi-military staff and are as such accountable for events, but I feel certain that whatever person, for whatever reason thinks that he will become famous, that person is a lot more likely to be the diminished towards a mere by-line ‘today an individual entered a campus armed with concealed weapons. Military protection was on site and none of the students became victim of this attack. The carcass of the transgressor will be disposed of shortly; his identity no longer matters‘. How long until these people regard a school not to be a target? How long until we acknowledge that anyone with a mental condition should not be allowed a firearm license? Will that stop the transgressor? No, that is extremely unlikely, but the presence of trained personnel on educational grounds will make it extremely certain that the loss of innocent victims will remain as low as possible. Consider the Columbine Massacre. April 20, 1999 from 11:19 a.m. until 12:08 p.m. An event where for almost an hour two people had access to a ‘shooting gallery’ causing the death of 12 people and wounding 21. Now consider another event. On 15 April 1912 a British Dinghy was lost at sea. It was called the Titanic (you may have heard of it). In 1914 the International Convention for the Safety of Life at Sea (SOLAS) became in effect, a convention that is still in effect today. So, if sailors can get something this lasting done, how come that proper security in US schools is still not achieved 186 months after Columbine? The combined wars of the American Revolutionary War and the Northwest Indian War took less time to settle. The two costed the lives of 8044 in battle, since 1980 it is rumoured that only 297 people were killed, so perhaps if we get a few more casualties (like 8044 minus 297) things will actually change, as long as those pushing for change realise that blaming guns and trying to force gun control will never ever be a solution. The Titanic lost 1500 lives a number that outside a war would never have been fathomable in those days, so perhaps more deaths will push the American administration into action. I am however reluctant to consider that they show any wisdom in that regard. Guns and politicians react like a bull and a bright coloured blanket, with no option for any amount of fence. What people might forget is that the US military is cutting 40,000 troops (not of their own accord I imagine). Many of those now need to find jobs, which means that new pressures are about to hit the US job market, did no one consider the fact that many of these are exquisitely trained in keeping people safe? Is it such a jump to enlist these people within the Justice department as educational security (to avoid issues with the 1978 Posse Comitatus Act)?

In the end there is a case to be made that 40,000 departures are arranged because the US is so broke that it has exhausted all options and hiring these people in other capacities is no longer an option. Which is the consideration one gets at minus 18 trillion, so how has this administration as well as the previous Republican one done anything to keep places of education truly safe?

I’ll let you ponder these facts, but when you do, consider the words of Bill O’Reilly (at http://video.foxnews.com/v/4524976308001/the-mass-murder-in-oregon-/?intcmp=hpvid1#sp=show-clips), the fact that again there is a link to social media and the fact that the ‘claim’ was placed before the event took place. In my personal view an anti-Christian extremist would not have given ‘warning’, making this a ‘some form of mental health case’. There are unknowns and there are speculations. The statement that people were killed based on religion was made by someone who was in the classroom where it happened seems to be acceptable enough as quality reporters have gone with that fact.

So where is any solution to be found? Gun control will not lead to any solution (in the US) and amending the laws and regulations are equally pointless against transgressors like this.

 

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The orchestration has engaged

It is nice when the world falls apart, when you look at the abyss in front of you softly stating: ‘It cannot get any worse!’, then you feel a foot pressing against the lower spine of your back as you lose your balance and fall down. The last thing you hear is ‘Guess again!’

This is how certain news events felt the last few days. I am not referring to the McCain family, who states that the press has not learned anything, post-Leveson. Was anyone surprised?

My issue is with Andy Street at the John Lewis department store (at http://www.theguardian.com/business/2014/oct/03/john-lewis-boss-andy-street-says-france-finished). In light of Tesco, I wonder what drives this person. Yes, we all know that John Lewis is upper class shopping, yet is that reason for whatever you think? Apart from your freedom of speech, which I will not hinder, my question becomes, in light of your remark “He told the gathering of entrepreneurs that the award was “made of plastic and is frankly revolting”“, so not only are you a snob, the element grace is just not within you. Fair enough! Yet, consider that as you got recognised with an award, you should consider the 3 G’s, “Be Gracious, Be grateful, Get off!” (Thanks Paul Hogan for that jewel!)

I am all for freedom of speech, but I am also in favour of accountability. So when I read this: “Street advised his audience: “If you’ve got investments in French businesses, get them out quickly.” The eurozone’s second largest economy is struggling for growth under President François Hollande and the country’s finance minister admitted last month that it will overshoot the EU’s 3% budget deficit target this year. The French economy has been hampered by low growth and poor tax receipts in recent years“, I wonder how often Mr Street got hit with the silly stick in the hours before he spoke these words.

The second issue I see is also from the Guardian (at http://www.theguardian.com/business/2014/oct/02/warren-buffet-tesco-huge-mistake), this is an entirely different matter. We all make mistakes, so when a billionaire admits to this with the headline ‘Warren Buffett: ‘Tesco was a huge mistake’‘, it is not that big a deal initially, but then I went to think it through. Why is there such a massive overreaction in regards to Tesco? Yes, the profit was overstated; however, Tesco made over ONE BILLION! Can we please wake up now? In a year where most nations are doing worse than zero per cent, in a time when the straps are on so that we recheck every dime we spend. Tesco made over a Billion. Yes, I saw the statements ‘too big to fail‘, but in this instance I do not agree. In the case of the Dutch SNS Reaal, that place LOST a Billion, Tesco MADE a billion, so can we please wake up and not overreact?

So, when the response comes, ‘Well Lawrence, you seem to be overreacting here a little above average’, my response would be ‘darn right!’

You see, the initial events, of Blackrock moving out, whilst this is a drop on a plate, is what I personally see as a form of orchestration, a few big wigs who seem to be hoping on massive write offs for Tesco. There is something so darkly unethical about such actions, that these greed driven profiteers would endanger the incomes of tens of thousands just to get a nice dividend. This is what it looks like, am I right?

That remains to be seen, but overall the fight is not done yet. Tesco is not sitting still and the new Tablet as it launched just now could be another incentive, especially if we consider where Tesco could also be active. If this is the budget option, with Tesco Mobile in the Netherlands, This gem could find many happy homes during the Dutch Sain Nicholas feast (which is on December 5th), in additional to the Christmas celebrations, as many Dutch do both instances. Tesco is not done by a long shot and the activities that we see give me the impression that several actions do not seem to be about ‘cutting losses’, but as stated on many occasions that I am not an economist.

So, when I see this article http://www.independent.ie/business/irish/billionaire-mike-ashley-bets-on-tesco-bounce-back-30616710.html, where Mike Ashley, who owns Newcastle United takes a 43 million pound share believing that Tesco Shares will bounce back, I say “well done Mate!”, two thumbs up for this man. Now, let’s be honest, as this man seems to be a millionaire a thousand times over, 43 million will not seem like a big dent in his wallet, but the fact that this man is willing to enter more cash then I will ever make (even if I grow to the ripe old age of 14645), the entered amount will boggle my mind for some time to come.

This is one of the two parts where disbelieve is still on the front of my mind. Let’s be clear, I get the entire write off, loss of share value, yet the actual occurrence, especially with a billion in profits is too strong to be just a jittery action from the market. The fact that Blackrock moved out to this extent is still an issue. It left me with two options, either they know something Dave Lewis has not been told yet, or they wanted a curve so that they can make a sweet deal down the track. Let’s not forget that the value write off is just on paper, it is like a virtual event. Blackrock did not hand over these billions in gold or actual cash; we are seeing the fallout of virtual value (as I see it). And this all gets me to the final quote, which was also in the Warren Buffet article and had been mentioned in earlier articles. “UK fund manager Neil Woodford – who decided to sell his stake in Tesco in 2012 after its first profit warning – said last week it could be a long time before any of the British supermarkets became good investment prospects again“. Why?

You see, if he sold his shares earlier, fair enough. Yes, we see that Sainsbury is lowering expectations and shares have fallen there too. I think that all supermarkets will have to change their entire approach. We see that places like Aldi and Lidl are growing, especially in Australia where Aldi is now more and more a common sight, yet over here Woolworths and Coles remain. The same applies to England, in the end people need food, so these places will remain locations where food is bought and yes, as Tesco mobile remains competitive, people will come for that options too. All that is a given, so why such a massive overreaction?

This is at the heart of my foundation for suspected orchestration. If you are in the UK, then take a look at the papers and the degree that they are looking at Pricewaterhouse Coopers. They did the auditing for Tesco, so why is not every reporter looking at PwC and seeing what links might be there, which is not an accusation, but consider all the redigesting we see on several papers, they all mention PwC in a casual way, when they have been auditing Tesco for some time. Only the Times (at http://www.thetimes.co.uk/tto/business/industries/banking/article4214689.ece) had done so, yet the full article is not available to me as I am not a subscriber (one of the reasons why I stick to the Guardian).

There are two more quotes the first is “Shorting Tesco has been a profitable bet” and “Traders gamble on falling share prices by borrowing equities from other investors and selling them in the hope of later buying them back cheaper – known as shorting” The latter quote comes from http://www.thisismoney.co.uk/money/news/article-2772107/Dont-shred-thing-new-Tesco-chief-warns-staff.html, so it is a way to make money, even though it seems unethical, the act is not, but one could call it questionable. This is the one moment where I need to ask the one question in regards to the given scenario. Let me first add the following quote “Lewis’s ‘no shredding’ order will be seen as a sign that he is determined to get to the bottom of the problem.  It also indicates that the group fears the errors – whether or not deliberate – may extend deep into the company“, as well as “Cantor Fitzgerald analyst Mike Dennis said: ‘A discrepancy of this size suggests this is not just the behaviour of a few individuals, but behaviour instilled by the senior management team“, which is where I was all along. Is this the case and if that part was known to 1-2 insiders, could this be the reason for certain action? What if Blackrock dumped its part to cause a stronger downfall, so that they can buy it again later with a much more interesting profit curve, which makes up for a lot more than the small loss they had, what happens then?

All valid questions, I just wonder if those who have actual answers are willing to give them, because it looks like a slippery slope of massive proportions. As this happens to the one place that feeds a nation, how will the people react should evidence of intentional tampering ever be shown?

Then how angry will the people get?

 

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