Tag Archives: New Zealand

March 21, 2016 · 22:21

Is the truth out there?

That is the question that sprung to mind, when the article ‘Brexit could cost £100bn and nearly 1m jobs, CBI warns‘ (at http://www.theguardian.com/politics/2016/mar/21/brexit-could-cost-100bn-and-nearly-1m-jobs-cbi-warns) crossed my screen an hour ago. Of course it then continues with the subtitle ‘Report conducted by PricewaterhouseCoopers for the CBI‘, perhaps you remember that firm named PwC? The people behind the books kept for Tesco. The firm the press avoids like the plague (especially when digging into Tesco issues). A report for the CBI no less. When we look at wiki we get ‘Confederation of British Industry is a UK business organisation, which in total speaks for 190,000 businesses’, so basically, because businesses are afraid to export their articles, we get this level of scaremongering. And let’s be honest, when Lehman Brothers is not available, PwC is all that remains. The Wiki reference will be explained shortly.

The first paragraph states “Leaving the European Union would cause a serious shock to the UK economy that could lead to 950,000 job losses and leave the average household £3,700 worse off by 2020, a report commissioned by the CBI business lobby group has warned“, I personally consider this to be a blatant lie!

There is NO WAY that there is any clear data on this event. The reason is simple. This situation has never happened before so there are questions, that is a given, yet what they predict is that 2 times 100% of exports that the UK ships to the USA becomes lost revenue. This is just ludicrous. Leave it to the place that embellished 110 million in revenue for Tesco will be able to lose 1000 times that amount in goods and services for the CBI. I am merely speculating here. I wish I could give you more, but the press is very engaged into not confronting PricewaterhouseCoopers on their actions.

The second paragraph “an analysis conducted by accountancy firm PricewaterhouseCoopers for the CBI said that Brexit could cost the UK economy £100bn – the equivalent of 5% of GDP – by 2020 and would cause long-lasting economic damage from which it would never recover“, let take a look at the parts PwC (as I see it) hides behind ‘could cost‘ meaning that it might, it is not a given. the second part ‘would cause‘, means that if they lose 100 billion then it would impact the economy, which we can all agree with, but that level of loss is NOT a given. Lastly there is ‘long-lasting economic damage from which it would never recover’, ‘would never’ is also not a given, consider that thanks to British Labour, who caused a massive part of the fourteen hundred billion in debt, on that part 100 billion will have an impact, the economy will recover, yet in all fairness, at what speed? We all agree that this massive extra level of debt is not a good thing, but it all began with ‘could cost‘ so it is not a given! The CBI, like frightened little sissies are trying to sway voters through fear. You see, if these businesses have an actual product to share, people will buy it.

They then continue to push more fear that people would lose between £175 and £300 a month. I would be shocked, we all would be shocked. Yet again there is ‘could be lower‘, meaning it is not a given. When I read “Carolyn Fairbairn, the CBI’s director general, said: “This analysis shows very clearly why leaving the European Union would be a real blow for living standards, jobs and growth“, my response would be ‘Carolyn Fairbairn, we know you are high and mighty with previous position at the  Competition and Markets Authority, Lloyds Banking Group and the UK Statistics Authority, so if you truly stand behind these analyses you will give us all (in open data) the raw data, the analyses and the conclusions with data connections‘.

I feel certain that we will see all kinds of weighting, forecasting and predictive modelling. As I see them, they will be utterly useless, for the mere reason I gave at the start of my blog “This situation has never happened before“, there will be turmoil, there will be a time of flux, but this forecast of utter blackness on non-given facts and shady forecasts is just completely out of bounds.

You see, I went to Wiki for a reason, when we go to their website we get a few issues (and initially their website was unreachable for about 15 minutes). The first one is from 15th of March (at http://news.cbi.org.uk/news/cbi-to-make-economic-case-to-remain-in-eu-after-reaffirming-strong-member-mandate/), here we get the quote “80% of CBI members think being in EU is best for their business – ComRes survey“, now, consider the following two elements, first is the ‘given’ fact on their site “CBI’s relationship with 190,000 businesses of all sizes across the UK“, now consider that survey where 80% wants to stay within had the following quote: “The survey had 773 responses among small, medium and large firms across the whole of the UK. It reveals 80% of CBI members, when weighted to reflect its membership – including 71% of small and mid-sized business members – believe that the UK remaining a member of the EU would be best for their business. Overall, 5% say it is in their firms’ best interests for the UK to leave the EU, with 15% unsure“, So out of 773 responses, 116 were not sure, so only 658 were certain one way or another, so the 80% comes from that group?

In addition, the fact that I, in 24 years have never seen ANY survey been answered for 100%, so how many answered it, how were the numbers given and how can any of the numbers have ANY level of reliability? That is even before we start looking into the questionnaires some people tend to make, which is often enough not that neutral to begin with.

All these thoughts took 45 seconds to form, after which I needed 30 minutes to look into some of the known givens whilst Graham Norton was playing in the background. The biggest fun I had was considering the part where the CBI is basically stating between the lines that “UK products are so shaite, that it can only be sold under EU membership“, is that not so Mrs Fairbairn? I believe that UK produce is high, high enough that there will always be a demand and high enough that people will go out of their way to get it. The gaming column last week that had a go at Brexit earlier was eager to ignore the fact that some of the better games developers are British, there is British Beef, British Lamb, the UK foundation in vegetables and fruits. The United Kingdom has always had a good stock and a proud tradition. I think that these traditional times can return the UK to better times.

That is also a speculation on my side. You see, this is the one time that the Telegraph has a fair point (yes, this rare occurrence happened on February 23rd 2016), There is the quote “The only appalling part is that we import so much poor quality foreign food at the expense of our own farmers“, I believe that there is a deeper truth. Obesity comes from junk food and from bad quality food. Yes, produce might rise a little in price, yet when you get the same quality ingredients from eating only 50% of the amount of junk goods you used to eat because it was cheaper, I believe that the overall health of the British population would also go up (read: lowering obesity). Mrs Fairbairn could have given that information too, you see the CBI site claimed to be connected to 190,000 businesses, so how many of them are farms?

This is no longer the age of Tesco (thanks to PwC to some extent), in addition, it stops being the place for Aldi and Lidl, it will slowly return to being the place of the neighbourhood grocery and butcher. I have nothing against Aldi and Lidl, yet their models do not run on the small local farms, their margins (low margins mind you) comes from bulk retail from big portion purchasers to deliver to all stores. It is a fair model, yet after Brexit there will be a change, their margins will fall, that is a reality, but if this opts for small business owners to rise from the ashes, the Brits in general will all win, we would see a need for jobs, not a loss of jobs. Again, this is speculative on my side, yet I do not go about scaring you readers like the CBI is doing through PricewaterhouseCoopers.

So, how about my own statement: “I personally consider this to be a blatant lie“?

As I see it, this report has issues, possibly a whole lot of them and if that is not the case, Carolyn Fairbairn would (read: should) have all the data ready for us all. When we see this level of incomplete information, giving rise to the possibility of misinformation the reference to ‘blatant lie’ is a fair given one, as I see it of course.

Now, mind you, the CBI page has the full report ready (at http://news.cbi.org.uk/news/leaving-eu-would-cause-a-serious-shock-to-uk-economy-new-pwc-analysis/leaving-the-eu-implications-for-the-uk-economy/), a 79 page document, so what does that give us and why was that not in the Guardian (as far as I could tell)?

We see the following under the key findings:

  • We have assessed the potential economic impacts of a UK exit from the EU under two possible scenarios
  • We estimate that total UK GDP in 2020 could be between around 3% and 5.5% lower under the FTA and WTO scenarios respectively than if the UK remains in the EU (interesting is how ‘we estimate that’ was not in bold)
  • The negative impact represents a reduction of around £55-100 billion in UK GDP, at 2015 values

And the final bullet point was “As with any economic modelling exercise, our estimates are subject to many uncertainties“, which is actually the core of it all, too many uncertainties, which gives additional weight to my statement.

Yet how were these numbers derived?

You see, when we see ‘Table 2.1: Exit scenario results – percentage difference in real UK GDP from levels in counterfactual scenario‘, we think we have something here, but on what core business is this founded? Is this on raw data sets? On aggregated data? You see, PwC have done all kinds of reports where they were overly optimistic, is the idea that they are intensely overly conservative on any of these numbers (by request of the CBI) and that the negative numbers are actually quite too negative? The fact that they are making predictions until 2030, whilst so far many firms resorting to analyses have been unable to make any decent prediction 3 years into the future, they ended to be overly optimistic again and again by more than one percent (try remembering Greece and Cyprus). Then there is: “A vote to leave the EU would create economic and political uncertainty that could last for several years while the UK Government negotiates the terms of its exit from the EU as well as new trade arrangements with non-EU countries“. Here is the kicker: the report did not once, I say again not once properly discuss the option of growing economies by promoting a growth interaction between Commonwealth nations. The UK stands not alone! Her siblings Australia, Canada, New Zealand, India et al, still need goods too. Whilst we see the ‘BS’ (Belonius Substance) from America regarding how the UK must stay within the EU, the UK can decide to collaborate with India on Generic medication. Now suddenly we get some individual in a white condo going on how friends should remain friends (that individual tends to be addressed as President of the United States), so here is one side of commerce that would ‘suddenly’ open doors for all kinds of trade.

The bibliography has a fair amount of theory references, and even though their existence, or their academic value is not in question, what is in question is the PDF we are looking at, especially when we see ‘Figure D.5: Working age population projections under the WTO and FTA scenarios and counterfactual‘, we see these numbers and graphs, but from what dataset? Where do we see any reference to the data population used, especially when we see a collection of graphs from various sources but with no clear reference to the numbers that these predictions are based on? In one example starting on page 47, we see ‘C.1 Economic context and key issues‘, with a reference to three graphs from two different suppliers. This gives me a few additional question marks (and it should leave you with even more questions). You see, if 80% wants to stay in Europe as stated by the CBI, whilst they had less than 800 responses, how does that hold any weight to the fact that they, on their own site state “the CBI’s relationship with 190,000 businesses of all sizes across the UK gives us a unique insight into what the result will mean for UK prosperity“, which means that 80% of the 0.4% of the businesses that decided to answer the call of the survey. I think I have raised enough questions for you the reader to be a lot less worried in this case!

Now, I am not stating that there will not be any issues, because the UK will face issues, but in equal measure the UK will stop making massive donations to a system that does not hold some of its members properly to account. It is like carrying buckets of water to the sea, an empty gesture that is a clear waste of time and money.

By the way, that report has a very interesting by-line which is shown at the very end (page 79): “This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice“, so if that is the moment of non-accountability than my final words are towards the writer of the article Julia Kollewe and especially her boss (or the boss of her boss, Katharine Viner): ‘How could you have been so stupid to go with this article. From my point of view, as a blogger tends to be a subjective one, it is a hack job, nothing more than mere anti Brexit material‘. As a newspaper you should have known a lot better! The fact that Julia writes “By taking a clear stance on Brexit, the CBI differs from the smaller business lobby group the British Chambers of Commerce, which is trying to be impartial. It recently suspended its director general, John Longworth, from his post after he suggested that Britain would be better off outside the EU“, yes, they might have done this, and they did it in what I regard a shady and shoddy way!

The article in the Guardian and the report leaves us with a few questions regarding Carolyn Fairbairn, the CBI as well as a few questions regarding the editorial of the Guardian. I hope that at the very least that part has been brought to the surface by me writing this article.

To all a lovely evening and whether you believe in Brexit or Bremain, make sure that you go towards the referendum properly informed!

 

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December 13, 2015 · 21:50

It really is Cricket

I just got hit by news from last Friday. It is not about Marine Le Pen, or about the Russian tour that could hit Turkey soon enough, or even anything like a video game. No, this is me trying to plug an idea that allows us to ‘use’ the BBC to save an industry for no other reason that our love of a game. You see nature tends to hit everywhere, it tends to hit the just and unjust alike, such is the premise of nature and when nature hits there will always be a victim.

So, here I am reaching out to all those who love Cricket to make a real difference.

For this we might need the consent and support of Yogita Limaye, who brought it to my attention. In all this I want to make certain the banks cannot move in and take away a legacy, for them to move in and ‘offer’ a deal that will change the game. No, I am here to plea with you to make a difference.

So what do I have in mind? For this you need to watch the small article (at http://www.bbc.com/news/business-35070666), you see floods have ended a proud event. The production of Cricket bats. Now, the industry can recover but it will take decades to do that. Yes, we can watch and wait and see how some other brands move forwards and up the price, some people will never be able to afford that. I might have had an English Willow bat once, but not all can afford it. So this article got to me. An industry given a massive body blow through nature, it happens!

The man is pleading whether there are options of a 0% loan from banks so that the industry can be revitalised. I am going one better (in light of many banks not being that trustworthy).

What if we had a brown gold scheme, one with a difference?

Would that help?

In my view I am appealing to all the cricket fans in the world. We are millions! So what if we see if we can keep Cricket alive in a place in the world where for them Cricket is more important that Soccer is to the UK or Rugby to Australia and New Zealand? What if we make our own investment?

Now, be aware that this is an investment with a danger, you could lose all your money, but the price you are about to lose is no more than the purchase of a Willow Sapling. A sapling gets placed and as the article showed you, it will take 30 years for it to mature. You reward would be a genuine Jammu and Kashmir bat (plus the cost of shipping). Perhaps an investment present for your son or grandson, something that made a difference. Is that such a far-fetched idea?

The banks will be out of bounds and we all will have done something for the spirit of Cricket, what a thought.

So, is this idea far-fetched? I do not believe this to be the case. By buying a sapling now, we support the game, we support a green earth and we support an industry. Yes, it is in India and there should be plenty of people in India doing this, but why leave it to others? To buy a sapling for no other reason than our love of the game. Knowing that we gave support to families who have been working on the Cricket legacy for generations, that is something worthy to settle a few coins for, isn’t it?

Now, how to proceed forward? Well that is easier said than done. You see, I am an honest person, but you do not know that and the world is full of people claiming to be of good spirit, so as I see it, why not let the person who alerted us to all this make that start. I reckon most cricket fans will have enough faith in Yogita Limaye if she sets this up and appeals through the BBC will only rally the lovers of Cricket even more.

Now at the end of 2015, we see one more act to show the greed driven industry that greed is not the way and that an industry can be saved without resorting to exploitation. The goal as I see it will be 30,000 saplings. It will not be the overnight drive to restoring bat production, but it will be the helping hand that should ensure long term security.

So how safe is this? Well this is harder to predict. You see nothing is without danger and nature can be a spiteful and whimsy mistress to say the least. So, if you are tight in the budget, you should not do anything, the question becomes how much is needed and donating a sapling might not be the drain on the pocket and will be a restoring factor in karma and the goodwill should be good for the soul.

In the end, this might be just the crazy idea of a blogger who has a passion for Cricket, but aren’t the crazy ones those who set the first movement that makes a real change? I do not have all the answers, just a small crazy thought to give support to those behind the game. You see, the world isn’t all about some risk reward concept. I do not see the issue of high risk and earnings. I see an option to support my game and if it all works out, someone will end up with a nice cricket bat (I expect to be dead in 30 years).

So in that regard, the investment option, when considering the Time Horizon makes it a bad choice (for me), because the time that I have my investment in there will outreach my time to remain alive and I can’t take my Cricket bat with me where I am going to go.

The element of Bankroll is when we consider the options of Risk Tolerance, when I look at this, I expect my loss to be 100%; does that make it charity? No, because I am doing this for one element of Cricket, plain and simple. I could argue that I am making a really bad investment if profit is my business and we know from Wall Street that this is not illegal, they are not making any money out of this and I can really love that idea. We are not looking at leveraged trading, as some industries rely on losses that could exceed the investment, I (and those joining me) are only investing on the purchase of a sapling. Depending on the setup, we will buy an expensive sapling (to allow for maintenance), but in the end, our investment is brown gold, the making of a bat. Now those who have one look at your bat and consider the thought ‘My dad sponsored the tree that got me this bat‘, how awesome would it be when that is really the case!

I have no kids to leave it to, I will not be around to see the bat be made, and I am merely offering a thought where an industry in Jammu and Kashmir will not be drowned out, were we aid it to survive past a flood.

What will you do? Perhaps the better question is, if your sport got hit to this extent, what would you be willing to do? That is the karma enhancing question behind all this, for the simple reason that governments can no longer afford to do certain things, some governments were never willing to do anything and the commercial world only moves to the waves of profit and ROI, options never good for any sport unless it profits from mainstream advertisements and even then they will only move when it truly benefits them.

 

 

 

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October 5, 2015 · 11:25

How to cure economic sickness

The Guardian is bringing me grim news today. As a British conservative and as an Australian Liberal the news presented does not look good, it is slightly beyond critical. It also reminds me of a small gag I heard in the Netherlands 3 decades ago. The one-liner was: “Due to a death, this cemetery will remain closed for the next few days” (source Fons Jansen), yes it seems like a laughing matter, but the Grimness behind it is less amusing and more dread based than we realise. The news ‘Ministers ‘are hiding details of £2bn NHS cash crisis’‘ (at http://www.theguardian.com/society/2015/oct/03/ministers-hiding-details-nhs-cash-crisis) is at the centre of all this. As a conservative my response (with all due respect) to Prime Minister David Cameron is ‘Sir, are you barking mad?‘ I will direct this at the Prime Minister because he is ‘our’ leader, the man in charge. If there is even the slightest hint that he was not aware than a massive reshuffle will be needed within the next 48 hours.

You see, I have forever opposed hiding bad news. Managing bad news will always bite the parties involved in the end. When the implied deficit amounts to 0.5% of all collected taxations in 2014, we have a massive problem which must be addressed and it needs to be addressed sooner rather than later. You see, no matter how trivial this 0.5% might seem. The coffers are down well over a trillion pounds, which requires 100% of all collected taxations for three years to address. Now that act is not realistic, but that show you the massive damage the United Kingdom faces. Economies are slowing down, partially due to Asia, partially due to acts that America is about to do and as such the American economy will soon take another tumble. As I see it, Thanksgiving and Christmas might hide the events, but the end of January through March, especially when the US Department of Defence will make 40,000 people redundant, that economy will shift over the following 4 months. In all this, the UK can no longer afford to hide bad news of this nature. The Commonwealth in general needs to realise that as the US seems to enable greed based corporations, we as members of the Commonwealth will have to stick together. This is no longer about national pride and ego. Our collective politicians are more likely to walk away with opportunities that will guarantee the well-being of their families for more than two generations, whilst in all this the people will end up getting saddled with a debt that will stop them from moving forward in any decent future for decades to come. None of us agreed to such imbalance.

The quote “Heidi Alexander, the shadow health secretary, said on Saturday: “This appears to be a cynical attempt to suppress bad news ahead of the Tory party conference. It makes a mockery of Tory claims to be committed to transparency in the NHS, and leaves Jeremy Hunt with very serious questions to answer. These figures must now be published in full as a matter of urgency”” gives weight to this. Part of me is also very cautious on her statement, let’s not forget that it was Labour that squandered 11 billion from the NHS and they have not been forthcoming at all, so let’s realise that this still remains an issue of the Pot calling the Kettle black.

The next part is set over two quotes. The first is “Professor Chris Ham, chief executive of the King’s Fund think tank, recently said that the NHS’s fast-ballooning deficit was leading to “panic” at the health department and “denial” at the Treasury. The service’s overspend was so large that it needed an emergency injection of £1bn in the comprehensive spending review to keep functioning, added Ham“, the second quote is “Without extra funding, he argued, the NHS would end up unable to cope, “most likely during the winter when many hospitals run out of money … With NHS hospitals unable to go bankrupt…, the Treasury will be forced to intervene or accept a rapid decline in performance.”“. The issue is in more than one part. In the first we must question how the NHS ended up short by 2 billion. We have heard all the wild accusations in the papers, but what news there has any reliability? No matter how little of it is true, Jeremy Hunt has an official problem, because if he has kept facts away from the public than he has no right being in his position, if he is falling on his sword for the party, we have an even larger issue. Because the conservative members feel that they should be told the facts, good or bad. We cannot fix when things remain hidden. We within the Commonwealth will become puppets to those operating the machines. It is a fake freedom which does do no one any good.

Yet the NHS has issues on several levels. One level was discussed in my blog article called ‘In Greed we trust‘ (at https://lawlordtobe.com/2015/09/22/in-greed-we-trust/). Here we looked at Turing Pharmaceuticals AG and the little caper they pulled on Daraprim. They weren’t the only ones. The Financial Post (at http://business.financialpost.com/investing/global-investor/valeant-pharmaceuticals-international-inc-shares-plummet-as-525-hike-in-drug-price-draws-fire) gave us “Valeant Pharmaceuticals International Inc. shares fell as much as 20 per cent after Democrats in the U.S. House asked to subpoena the company for documents relating to drug price increases, the latest move by politicians seeking to curb price hikes on acquired drugs“. When we see places like Turing Pharmaceuticals ‘hiding’ behind places like PrWeb and PrNewsWire, you better believe you are facing marketing from the bottom of the barrel. Yet in all this serious demands from the government looking into these companies who bought up niche medications and driving up prices by hundreds of percentage points is a matter this government (as well as the previous one) did not have to content with and as such the NHS will receive even more pressure. This is exactly why I have pushed for close to two years towards a stronger Commonwealth coalition. India with its Generic pharmaceuticals that will become one of the pillars of salvation for the NHS. This needs to happen now, before the Australian government (as well as the previous one) does something irreversibly stupid like signing the TPP. We must recognise here that it was not Australian Labor or the Australian Liberals asking the questions that had to be asked, it was New Zealand that put up a fight against the TPP issues. So have we been watching a media event by Martin Shkreli and Turing Pharmaceuticals?

Because we all need to realise clearly that once the TPP is signed, the signing government will have placed a knife on the throats of nearly 21.7% of the population of Australia, whilst that group will be left with no medical alternative!

That part reflects on the NHS!

When we consider some information from the ABPI (at http://www.abpi.org.uk/our-work/library/industry/Documents/OHE%20ABPI%20Medicines%20Bill%20Forecast.pdf), we must also acknowledge that they, the Association of the British Pharmaceutical Industry, represents commercial enterprises, a branch not to favoured, or flavoured towards generic medication. They are given, as I personally see it (read: speculate) the inside track from ‘friends’ on how far they must lower the price to remain seated. It is a form of let’s say branded exploitation that can no longer be afforded. Now, we must be clear that there is nothing illegal on branded exploitation, but we have to acknowledge that the NHS can no longer afford to play that game (a 2 billion deficit is ample proof of that).

Within the ABPI we see plenty of information, now consider this one quote from one of their presentations: “Loss of exclusivity of some major brands is projected to yield £3.4bn cumulative savings to the NHS between 2012 and 2015 with £5.4bn cumulative lost revenue to industry“. Do you think this is about the savings to the NHS, or the revenue lost to industry? If you think that this is about ‘savings to the NHS‘ than you, the respectful reader, will be slightly too naive than is good for you! I cannot fault the ABPI, because it is doing what it needs to do, represent its industry, we all forgot that they are not living in a symbiotic relationship with the government as they provide THEIR solutions to the NHS. The people the ABPI is representing, is a commercial group. They want to get the most out of whatever they can. Culling their needs by having stronger ties with Generic brands, even Indian ones is essential. They might cry about their low prices, but the reality is different. These players claiming the high costs are hoping you forget about news from 2001 (and many other years) where we saw “The UK government is introducing tax incentives aimed at persuading British-based pharmaceutical companies to boost their research into diseases affecting the world’s poor, such as AIDS, tuberculosis and malaria“, so they get the tax breaks for research, they have the inside tracks on ‘maximising’ product pricing solutions, yet overall they still complain. Which in light when we consider the ABPI document showing a 15% growth in spending on medication to be another issue. This is was a projection over 4 years (up to 2015), yet the facts remain, the NHS needs another solution and we agree that generic medication will not be as strong, however a medication that needs to be taken 10% longer might be preferable to medication that is 30% more expensive. Clarity is what matters here and for the implied accusation that Jeremy Hunt was keeping people in the dark should be offensive to all of us. There is one more side to all this, which is shown in that same presentation. The Office of Health Economics (OHE) is stating with their key message 6 that: “By 2015, new branded medicines launched between 2012 and 2015 will account for less than 2% of the total medicines bill. This underlies the issue in the UK of slow uptake of innovative new medicines“. From an analyst side I want to offer this thought to you. the quote ‘new branded medicines’ implies not that they are new medication, but new versions of existing medications, which means that rebranded and possibly marketed solutions is now implied to be below 2%, yet whatever deal is in place, it could also imply that this 2% is also a group that for now cannot be replaced by generic mediation. This is a speculation on my side, yet these kinds of presentations are never about ‘informing’ the people, it is about awareness on which questions to ask and what solutions to push for. Both tend to be expensive exercises for any NHS.

Yet medication is only one side, it is the one side we can clearly fight for with the possible reward of direct savings, but other sides need to be considered too. This we see in the comment article in the Guardian called ‘This junior doctor contract puts patients in danger‘ (at http://www.theguardian.com/commentisfree/2015/oct/04/junior-doctor-contract-patients-danger). Can anyone explain to me how the stupidity of “The contract that the Department of Health is threatening to impose on junior doctors once again raises the prospect of 90-hour weeks being written into rotas“? I went to University with some of these upcoming doctors, the pressure on them is just beyond harsh. How can a 90-hour contract be allowed? apart from that being a step just one hair fraction away from being regarded as slave labour, the pressures on these people will result in a certain harm to them self, an implied certain harm to their patients and a long term harm to the NHS as a whole. Because this will fall over within 2 years after which there will be no doctors left, there will be nearly no nurses left and the UK gets to rely on the medical care we can import from Siberia and Africa, how would that end well?

As a final year student in Intellectual Property law I call upon my peers to aid the NHS, give aid to them by creating strong patents for Generic medication, for patents that  lessen the stranglehold on prolonged exclusive medication. In 2008 in the Financial Times, Yusuf Hamied, stated: “I am not against patents, but India cannot afford them. I am against monopolies”, he is correct! In addition, now 7 years later the UK and many other nations cannot afford them either. That part has been ignored on many governmental levels all over the Commonwealth. The response the article gives: “he is a “pirate”, an opportunist who has exploited others’ intellectual property to swell his own profits. In the process, they say, he is undermining investment in future medicines, including the next generation of HIV therapies“, this fake response is flame baked with emotion, the reference to ‘the next generation of HIV therapies‘ does that. You see they had a patent, they had exclusivity for 20 years, but the people in that house became lazy and greedy and now they do not want to give it up. They try to revamp the drug to the tiniest part (they will call it an innovative new drug) and then they reshape it with a patent for 20 more years of exclusivity. They are now learning that this is not always successful. As a Patent Attorney (if I make it to the end) I would want to work on the patents of Generic medications, lowering the barricades to NHS on a global level, which is one of the reasons I oppose the TPP. Governments (including the UK) have squandered the position they had by prolonging a solution that never worked and voila, here we have the trillion pound deficit!

OK, I admit it is not a completely accurate statement and as such the issues are more complex, but we must fight the wars we can win and the NHS war could be won, however if Mr not so bright, I am hiding the numbers Jeremy Hunt MP is indeed hiding the numbers, any NHS solution will come too late, which puts 68 million in peril.

I feel that I am on the right track. Some will question my view towards Generic Medication Patents. When I consider my duties as stated in the Code of Conduct for Patent and Trade Marks Attorneys 2013, I see section 11 that a registered attorney must act as a patent attorney or a trade marks attorney in the following:

  • In accordance with the law; and
  • In the best interests of the registered attorney’s client; and
  • In the public interest; and
  • In the interests of the registered attorney’s profession as a whole.

The first two would carry for certain, the latter two are the debate. I believe that Generic Medication and protecting these is in the public interest on a global scale, I never believed that ‘reworking’ a patent, unless it is truly a new substance was in the public interest. You see exclusivity is a right given to the actual innovator, not giving in perpetuity, which only propagates exploitation, the last part is that the profession as a whole relies not on the cash of the rich client. It relies on driving true innovation, when we start repackaging the same solution with a new delivery method (which costs less than $15 dollars to make), the price hike from $20 to $175 is not just a tough pill to swallow it is a dangerous escalation in our greying population. The fact that Patent Laws as well as Patent Regulations have not been properly updated (even though this example is specifically for the US, not the UK) should give warning to other parts that needs to be overhauled.

This all hits back to the NHS. The Independent showed a few sides which reflects mighty badly on Jeremy Hunt. You see the quote: “it was his intention that no one should lose out financially” might sound nice and perhaps the change to a schedule where doctors work 7 days a week might not be an avoidable part, yet in all this the 90 hour a week part is still one of the deadliest issues. That person might not feel a financial ‘pinch’, but I guarantee you that these hours will drive most doctors bonkers within 2 years. How can the NHS survive when by 2018 23% of the medical GP’s are in a sanatorium? Did Mr Hunt add that risk to his spreadsheet?

So how will this end? Well, for Jeremy Hun MP not all that good I reckon (speculation on my side), but we have to wait to see all the facts to place judgment on this. In all this, as I see it, I started with the title: ‘How to cure economic sickness‘.

The answer in my case is by changing direction, by changing it massively. There is now more than half a decade of data and Business Intelligence that the US only considers the US and there they falter and fail as they refuse to deal with Greed. They hide behind more and more emotional stories (especially when there are school shootings), even there the US legislative branch is failing its people. The Commonwealth cannot afford these steps. We the Commonwealth must unite as never before. We the people of the Commonwealth must also realise that to make this work we must be willing to make large changes if needed. I always lived a global live, so if I am required to move to the UK, Canada or perhaps even India, than I will! In this day and age, holding onto your one little hill (especially those with tertiary educations) we must consider a global (read a complete Commonwealth field). The UK must start to realise this too, because they have squandered too much funds on solutions that never worked. Australia is moving into that direction as well as Canada, they just move in that direction more politely than the other players.

And finally my message to David Cameron. David, your Conservative party can be the solution, we all can be part of that solution, yet in all this we must know how bad things are and the playbook you currently use needs to change, the US can no longer be seen as a potential ‘solution’, they burned that bridge by themselves. Our Commonwealth can grow towards the empire it was, we have the skills, we have the innovators, we have the drive and (most of us) the loyalty to the crown, yet in all this, not enough drive towards a Commonwealth Union has been made. The SNP is partially evidence of that. They now realise that their oil revenue is not making it work, they need to realise that together we are stronger. Yes, perhaps that will be as an independent Scotland, but then it should still be a Commonwealth Nation, we must propel on all sides to show both the US and China that the UK is the 5th largest economy, yet as a United Commonwealth we can surpass China and become the second largest economy! The next 12 years will be about the innovators that propel ideas in many fields. We will see a growth in Trade Marks, in Patents and in Business solutions and all this will be resulting in new avenues of growth, yet as a single nation the UK can no longer compete to the extent it needs to. The costs are too high, the NHS is the first and clearest piece of evidence.

So economic sickness can be cured, it needs the right medication and this can be administered by acquiring the right medication, the current providers have shown that they are not up to the task!

I leave it to the honourable David Cameron to set the right course!

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May 8, 2015 · 15:57

The insanity of Trolls

I have had my issues with many things, in some cases I was on one side where I lashed out at Yves Guillemot to some extent, not because he did something ‘wrong’ but as CEO, he is the main in charge, the buck stops at HIS desk! The fact remained (as I saw it) that an amazing concept like Assassins Creed got squandered in several ways. My criticism was always with a level of decency and it was always supported with evidence, evidence as I saw it. There were never any death threats, or threats against the person, because in the end, it is just a video game and I reckon Ubisoft broke its own glasses of profit, which is the jest of it.

Today I viewed the article ‘Joss Whedon Quits Twitter; James Gunn Responds‘ (at http://geeknation.com/joss-whedon-quits-twitter-james-gunn-responds/). I am slightly beyond outrage at this point. To illustrate this, we need to look at some of the achievements of Joss Whedon.

Buffy, seven seasons of amazing excellence, vampire movies were taken to a new level and Sarah Michelle ‘the Slayer’ Gellar would become the idol of many men and even more women. The series is still rerunning on many channels on a global scale and every now and then forums bump back alive the desire for a high resolution remastered Blu-ray edition.

Angel would become a first spinoff, not as successful, but still respected in the fantasy world. Whedon puts together a cast that rocks solid and it would herald the continuation of a lifelong career of David Boreanaz beyond Angel who is still going strong after almost 20 years.

Firefly is the result of creativity from creator Joss Whedon and the cast that would reunite in his projects again and again. Scrapped before its time, studios are still learning today what a stupid mistake they made, like Buffy re-runs of this series are ongoing and the fans remain loyal beyond measure. Nathan Filion and the Firefly caste are still the highly sought events in every Comic-Con, even now 12 years later.

Serenity is the movie that tied a lot together and should be regarded as an amazing gesture towards the Firefly fans (it was no box office hit)

Dollhouse is perhaps the least understood diamond in the crown of Joss Whedon. It was dropped by executives who seemed to have a limited brain capacity and no comprehension beyond mind controlled ‘sex-dolls’. Whedon shows here how technology unleashed could be the end of us and end many ways of life. What was likely to have been a 4 season gemstone showed a second season trying to fit it all so the fans had a decently complete picture. Amy Acker, Eliza Dushku, Dichen Lachman and Olivia Williams are the female titans each with a role to play, the male side with Harry Lennix, Tahmoh Penikett, Fran Kranz and later Alan Tudyk show us a story that is almost unparalleled in depth. It is a story with a ‘neuromancer ‘ difference, one that sounds almost plausible enough to be scary.

Joss Whedon was able to add ethical undertones to the story that makes this gem an absolute must.

Now we get to the first Avengers movie. It is the second true superhero comic (with multiple hero’s) that comes to life in many ways (after the X-men). The story was amazingly good (for a comic book) and the interaction was like seeing comic books actually coming to life, I saw it in the cinema and after that a dozen times on Blu-ray. Like in the comic books we see ego and strife taking part in the story on the big screen too. Like the comic books, we see events that are just too good to ever forget. Many people will forever see Loki who is playing Tom Hiddleston with virtual Mark Ruffalo, played by the Hulk who picks up Hiddleston and makes him ‘one’ with the concrete floor, the ‘puny human’ quote gave way to loud laughs in the cinema. It will remain a priceless gem forever! The Avengers showed to me and too many others that comic books can come to life (through special effects). We all agree that the cast (all of them) did an amazing job, but we all know that without the visionary view of Joss Whedon, this movie would never have been the success it became. It ended up being the third most successful movie ever (source: Box office Mojo), with only Titanic and Avatar surpassing the financial Avengers results.

Now we have Age of Ultron. Here we see the team growing through the same actors, the same visionary director, whilst adding the three Avengers we missed the first time around. The Maximoff’s (Quicksilver and Scarlet Witch), both excellently played by Aaron Taylor-Johnson and Elisabeth Olsen. It is hard to compare to the comic books, because the Avengers have been around so long. Missing is Ant-man (but he is coming in his own movie first), Wasp, Black Panther (another upcoming person in his own movie first) and Black Knight. There are so many more members as the team evolved from the 60’s onwards. The movie is an excellent piece of work, there are many sides and even though these movies survive by special effects, we are never visibly drowned in those special effects forsaking acting quality.

It is hard to judge whether two is better than one, important is that there is an evolving storyline as we see in the comics. Joss Whedon delivered!

So when I saw that Joss Whedon got hate mail and death threats, I could not believe my ears (or my eyes for that matter). You have to read the story for yourself, but overall, I massively disagree with James Gunn, not because of what he did, but because of the premise that he had to (which in itself is a good thing).

Joss Whedon is a visionary. He brought to life something millions of fans dreamed of seeing in their life time and my generation as such would be alive long enough to see it truly happen on the big screen. He did it with Avengers and does it again with Age of Ultron. I am 100% convinced that he would be able to surpass his previous work if he would be making the two Infinity Gauntlet movies, but that is not to be, it seems (according to IMDB) that this falls to Anthony Russo and Joe Russo, the people behind Captain America, the winter soldier. Or as we can voice it, that movie where Captain America gets slapped around by his former best friend. The movie is an excellent achievement and the subterfuge of Hydra is well portrayed by former Mr Brubaker (a Robert Redford reference). In all these movies, as well as her introduction when Iron Man is a little over his head dealing with Mickey Rourke is Scarlett Johansson who sets down a mean Black Widow. As I see it, she was, is and remains a very strong character. I do not get the hatred over any of this and as such, I very much opposed the words of James Gunn when he writes: “Anger makes us feel “right”. And powerful. But it also usually exacerbates whatever the underlying, more uncomfortable feeling is”.

I would to some degree accept these words, but I saw some of the tweets Joss Whedon received. (a few at https://storify.com/Astojap/wehdon-twitter-hate). The message “@josswhedon ALSO WHY THE FUCK DID YOU JUST PUSH ASIDE NATASHA? YOU COULD HAVE USED HER IN SO MANY GOOD WAYS AND INSTEAD YOU USED STARK“. As well as “@josswhedon I bet you like homestuck you fucking garbage asshole” and these are not even the worst tweets!

They seem to be written by people who are clueless in many ways, some perhaps frustrated and angry for other reasons. I do not care as to the why, I just think that no one needs to accept the abuse Joss Whedon was subjected to.

When I see the accusation of ‘Misogynistic’ and we see Buffy with Buffy and Faith, Dollhouse with Echo, Sierra and November, Firefly with Zoe, Inara and Kaylee. In serenity, we see River getting ‘enthusiastic’ which leads to the quote “Start with the part where Jayne gets knocked out by a 90-pound girl ’cause… I don’t think that’s ever getting old“. I am clueless how Joss is voiced as Misogynistic.

The hatred for Joss Whedon is not just unfounded, it is wrong in many ways. Joss has always given us strong women (not all evenly sane, like Faith in season 3 of Buffy, but that is not the issue). In Age of Ultron we see ‘Black Widow’ Johansson having a soft spot for Bruce Banner and why not (apart from the fact that I am a better dancer then Mark Ruffalo)? And as for soft love interest, when the action starts, she states ‘I love you, but I need the other guy’ and shoves her love interest over the edge of a cliff, and out comes the Hulk, an excellent moment to giggle over!

We should not ignore Elisabeth Olsen either, especially as all but one member of the Avengers get introduced to her ability to boggle their minds, which gets crushed when at the end, when we see the ‘real life’ (the non-Comic book version) view of what Scarlet Witch is able to do.

So, I do not see any valid opposition to the visionary work of Joss Whedon, I also oppose James Gunn, not because what he said and how well he said it (one of the more eloquent writings this year), but the fact that he had to do it. These trolls and hate mail senders are not using their right to free speech. These people are guilty of Psychic Assault (in Common law Australia, New Zealand, UK and Canada). In the US we see a similar situation, where California has California Penal Code 422 PC, where we see how it defines the crime of “criminal threats” (formerly known as terrorist threats).

A “criminal threat” is when you threaten to kill or physically harm someone and
that person is thereby placed in a state of reasonably sustained fear for his/her safety or for the safety of his/her immediate family, the threat is specific and unequivocal and
you communicate the threat verbally, in writing, or via an electronically transmitted device.

Criminal threats can be charged whether or not you have the ability to carry out the threat…and even if you don’t actually intend to execute the threat.

I think it is only fair that the FBI, arrests no less than 50-100 of these people and convict them accordingly. You see, what those ‘voicers’ seem to forget is that these movies are a massive slice of the tax collected, when people like Joss Whedon have had enough and they go somewhere else, then these people thinking in their own small minded self that they executed their ‘right” to free speech is costing the government millions. It seems only fair that they are taking to the district courts and are allowed to experience the consequences of their criminal behaviour.

In my view trolling has been going on for way too long, Anita Sarkeesian, Sara Payne, Claire Cohen, Nicki Minaj, Helen Skelton and now Joss Whedon joins the ranks of trolled people (mostly women mind you). In this list I must take time emphasize two names. The first one is Sara Payne, the mother of murdered schoolgirl Sarah Payne. Can you imagine this? A mother dealing with the murder and the funeral of her own daughter getting trolled! How sick can people get? In the second there is Helen Skelton she used to present the BBC children show Blue Peter. Yes, it seems that those relying on ‘free speech’ have done this for an unacceptable amount of time and it is now becoming more and more essential that trolls get introduced to the criminal courts in a very non-virtual way.

I reckon that true fans, now losing out on their idol speaking on Twitter will be an additional source of inspiration in finding out who those trolls really are.

 

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March 3, 2015 · 20:48

The dangers of freedom

I am all for freedom, I reckon that anyone growing up in Western Europe, USA or the Commonwealth has that same feeling. We love our freedom. There is however a dangerous downside. As I see it, freedom comes with the granted option to become an idiot, a moron or any other type of person that we usually find revolting to some extent. There is another group. There is nothing wrong with hem. They seem to be nice, they seem to be honest, and usually are portrayed as fair and they believe in fair dinkum. This is all good, no negative word on that part, they also exercise their right to free speech and they do just that. They believe in certain change, which is all good, but now these people are pushing us all into a dangerous area, where the consequences could be dire. This is not so good, yet they believe that they are doing the right thing. Some might state that the road to hell is paved on good intention. I think that this is too strong a statement, I believe that those people are getting on a bandwagon that goes into a foul direction, because they do not foresee the dangers that lie ahead. This is the issue!

We see this side in the Guardian (at http://www.theguardian.com/commentisfree/2015/mar/03/australian-republicans-we-can-no-longer-afford-to-wait-for-the-monarchs-passing). The title ‘Australian republicans: we can no longer afford to wait for the monarch’s passing‘ gives a hint of what some might regard as treason, but I am still willing to see it as people, devoted to Australia, but not seeing the dangerous currents of that journey. That excuse is not valid, when we consider the article with Bill Shorten (at http://www.theguardian.com/australia-news/2015/jan/25/move-to-a-republic-would-show-australia-is-modern-and-inclusive-bill-shorten-says), ‘Bill Shorten: move to a republic would reflect a modern and inclusive Australia‘. Here we go on dangerous grounds.

You see, the politicians are all about self-preservation! No matter who gets hurt in the process!

My reasoning? I had highlighted them on earlier events, the list is long. One link is found with the ABC (at http://www.abc.net.au/news/2014-02-10/shorten-says-car-manufacturing-shutdown-was-not-inevitable/5250834), Where Bill Shorten stated: ““All of a sudden, all the car component makers (in Australia) for Holden don’t have enough work,” he said. Mr Shorten says “government subsidies for car makers are essential for keeping manufacturing alive”“. Well, we have seen the use of subsidies, in that same article we see the statement: “”Australia subsidises its car manufacturing in the order of about $17 (per car), whereas the Germans do it at about somewhere between $65 and $90 and the Americans, $250″”, yet, when we see the Australian (at http://www.theaustralian.com.au/opinion/columnists/lies-damn-lies-and-car-subsidy-statistics/story-fnbkvnk7-1226824091831), we get: “Reworking the figures, it turns out that Australia has subsidised the manufacturing of vehicles to an extraordinary extent — $US1885 per vehicle, compared with Sweden ($US297), Germany ($US206) and the US ($US166). In other words, Australia has the highest rate of budgetary assistance of the seven first-world countries listed“. We could argue that this amounts to slave labour, as the subsidies is so large that the factories end up with prepaid labour. How is this not regarded as slave labour? Because people are allowed to go home and the money comes from somewhere else? Why should car be subsidised to SUCH extent? In addition, we get the quote “We now know that Toyota Australia has received nearly $500 million in the past four years. Given that there are some 2500 Toyota employees, this works out at $50,000 a worker a year“, so we have car manufacturing plants which seem to come with prepaid labour. How can a nation survive when these factories bend over backwards to avoid taxation and in addition, they received well over $100 million a year?

The next part comes from the Courier mail (at http://www.couriermail.com.au/news/opinion/opinion-the-nations-budget-is-broken-but-bill-shorten-and-labor-wants-to-stop-us-fixing-it/story-fnihsr9v-1227143768045), “The Budget deficit blew out to an astonishing $48 billion last financial year, largely because the previous Labour governments went on a massive spending binge and left nothing but IOUs in the kitty come the next global financial crisis“, by the way, the Labour party has NEVER given any clear explanation on how that money was spend, on what it was spend, and who signed for it. I reckon that is why the Labor party decided on the three party stooges approach (I wonder who plays Curly), namely Kevin Rudd, Julia Gillard, and now Bill Shorten. There was additional bad news, there is NO WAY that the drop in Iron was to be predicted. Neither Labor nor Liberals saw that coming. It cut export with an additional amount surpassing 30 billion, when the coffers are empty, that is not a good thing.

Now we get to the Bill Shorten Republican view. Here we see the following: ““Let us breathe new life into the dream of an Australian head of state,” he said. “114 years ago Australians found the courage and goodwill to transform this continent into a commonwealth. In the 21st century let us live up to their example. Let us declare that our head of state should be one of us.”“, you see, the article reads nicely unrealistic. There are parts that are not mentioned at all. I will get to them soon.

In the same light that Labour overspend us into massive debt, as Labour wrongly ‘illustrated’ the car industry, he also sees his option to get a little ahead as a possible first head of state (odd, do we not have a prime minister?), as he fantasises himself to become. You see, becoming a republic comes with a massive amounts of additional debts we cannot even fathom. As part of this Commonwealth, we are not alone, our army is a joke compared to Russia or China (65000 soldiers do not add up to much against the other large players), even against Indonesia, which might not have state of the art equipment, but they outnumber us 4 to 1, not the best odds to have. Together as one Commonwealth, the United Kingdom, Canada and Australia, we do wield a massive bat, we are part of a whole. So if China wants to play rough (or Russia for that matter), we have a few big brothers in our corner. Now, we could rely on New Zealand to give aid as soon as needed (they would never back down from helping a neighbour), but as Air Vice-Marshal Gavin Turnbull might confirm, the Sopwith Camel really does not have the range to make it to Australia, meaning we need to rely on our own planes alone.

This is only one element and not the most important one when we need to rely on our freedom. You see, I believe that Labor is squarely in the pocket of the US Democratic Party (the one who nearly bankrupted the US), the US is playing too many dangerous games, enabling big business, not holding big business accountable and overall not having the ability to manage its budget. Labor is on the same footing, and how long until the Labor party dances to the song of the White House, making us lose our choices, our freedoms and our value of fair dinkum. Is that what we desire?

What is so bad on being part of what we used to regard the British Empire? I believe that the core values that this Empire had, which were moved into this Commonwealth of ours is still good, it is still strong and it is every bit as Australian as it is British. When the lower classes here lose it all as business no longer deems these people to be of marketed value, who will they cry for? Labour? No, that lot just gave their rights away. In this the Liberal party is not without faults either, but they are not on the republican horse, giving us heaps more options.

This economy is in a bad state, no one denies that. I myself am hurting as much as many others, but like the harsh methods of Germany in 2009, their Austerity saved them and got them on top, I feel that the same will work here, Labor overspending by spending each annual budget twice is too dangerous for us. This is at the heart of the issue.

It is all directly linked to us remaining part of the Commonwealth, the one part that Labor SHOULD have been doing, they are not (or so it seems)! I voiced more than once that our future is on finding strong interactions with other Commonwealth members and offer what we have in surplus, whilst getting what they have in surplus. With Nurses here looking for jobs and the UK having such a massive shortage, why are we not seeking solutions together? Not just the medical industry, we need to put our commonwealth heads together, solving them together, not playing politics on who looks better in a pissing contest, which leaves us with a smelly floor and no actual solution. In this we should also look at what we could mean to Scotland and vice versa. Scotland will at some point be more independent, would it not be great if our message of fair dinkum and our workforce could help this stability, because a stable and prosperous Scotland helps all members of the Commonwealth, including the UK.

So as the Honourable BS talks about some republic, he should realise that unless the deficits and the bad economy are solved, we have no future ahead, other than one as someone’s vassal, a path we evolved from long ago, so whatever story he spins on how the republic gets a better business profile would soon be dead, as soon as people realise that it only opted for one goal, to give large corporations a place to get by on 1-3% taxation, how would that ever be fair dinkum?

 

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September 18, 2014 · 11:05

About that drink?

It has been a week now and I have to wonder how paranoid the week had made me. You see, the revelations of Natixis and how large its financial power is, still boggles the mind for now. This also has a lesser effect on my sanity. Whenever I see any political ‘advice’ from a bank, I wonder whether there is a Natixis link and for the top banks they are all linked. So, when I saw the article of the RABO show up, I just had to wonder (at http://www.theguardian.com/business/2014/sep/16/scotch-whisky-scottish-independence).

So, how does yesterday’s news affect Scotland? Well, the issue now is how trade affects a new nation when it becomes independent. The first issue is “Whisky is Scotland’s second-largest export behind oil and gas and is worth £4.3bn a year to the local economy, but sales could be hit if the country loses access to the EU’s free trade area and to markets in the rest of the world where Brussels has forged trade deals“. First of all is that information true and/or correct? You see, we the people (most of us) want to drink Whiskey and real Whiskey comes from Scotland. If it does not come from Scotland, it is called bourbon (at http://www.woodfordreserve.com/)! The rest tends to make it to the menu as an ‘alternative’, as some might say.

So, should we have a go at the Rabo?

It is never a bad idea to have a go at a bank, but they do have a point here. What is a major issue is the fact that we see these 11th hour messages, of feigned pressure. Why is Scotland (if they select independence), not immediately allowed a temporary membership into the trade agreements the UK is already a member of? The quote “A new Scottish government would face ‘a mountainous task’ in striking trade deals beyond Europe. Scotch is exported to about 200 countries, with major markets in the US, Singapore and South Africa, while Chinese consumers are also getting a taste for it“. You see, this article sounds nice, but the term ‘Chinese consumers are also getting a taste for it‘ means that if they get the bulk of the shipment, European customers will not be happy at all. Instead of embracing a new European adult as it left the arms of mother Britannia is just good business. Legally seen, the Rabo is absolutely right; Scotland will be its own master now and as such will have to apply for trade agreements. Yet, if we look at several sources, we see that the US is the number one destination and Singapore (with all over Asia) is on number three, if these two markets could be ‘enticed’, we would see a shifting balance. With France in second place, Spain in fourth (but due to economic issues decreasing vastly and Germany in fifth position, we see a market in motion. The spirited market is not an easy one and the Chinese changes on ‘gifts’ would also hit the drinkable gifts department and as such Whisky will get a painful dip. So, is there an option for the golden juice of the highlands? I believe that if an economy is truly about improving then this unique situation should receive its own merit. The BBC view (at http://www.bbc.com/news/uk-scotland-26987262), which they made last April shows that this ‘stalling’ need is partially on economy and partially on events and none of them are linked to the independence of the Saltire.

But I am also a person who needs to take a step back. The issues for Scotland are not small and several are out in the open, but these issues should have been resolved or at least addressed to some extent long before the vote was days away. When I looked at the initial facts and wrote the blog ‘The cradle of Whiskey‘ the issues discussed and read from both Professor Sir Donald MacKay and Ronald McDonald show no issues on trade agreements whatsoever. With their golden ambrosia so high on the export list, I feel uncertain why there was no more visibility on this. I do not remember seeing it on any decently regarded news site. Now in the 11th hour a Dutch bank comes with this? Is this intentional demoralisation or is this a case of clear cut evidence that Scotland is not ready to be independent? I remain on the fence. I have been in the ‘stronger together‘ camp for several reasons, but that has always been for pressure from outside economic issues. This is a first clear internal reason for not going independent.

So, as we see the articles piling up in the papers in the UK, the Guardian foremost, how come that several serious issues did not get the forefront until now?

It is nice to see quotes like “Alex Salmond urged tens of thousands of yes activists to ‘get to it’ by seizing the extraordinary chance for a “new dawn for Scotland”, as the final batch of polls before the vote confirmed the referendum hung on a knife-edge” (at http://www.theguardian.com/politics/2014/sep/17/scottish-independence-alex-salmond-david-cameron-resign), yet the issues of trade as well as the 11% deficit Scotland could face in year zero are no laughing matters. There are other issues that come to mind too. What happens to Scottish students in tertiary education? What of their international placements? If we look at the legal ramifications of trade, then we should also look at any long term plans that were there for the Scottish students, if they fall away, then Scotland will soon face economic bashing on more than one level. It is possible that these issues were looked at, yet the guardian piece as the Rabo bank is quoted implies that these matters seem to have been ‘stalled’ until after the elections, yet this impact has not clearly be shown on several fronts, which beckons the question, ‘why not?’.

Forbes have been active too (at http://www.forbes.com/sites/chriswright/2014/09/15/if-scotland-goes-a-mistake-as-big-as-the-great-depression/), they are showing other sides that did not make the news in several ways. One massive point is one that has definitely been kept from the Scottish voters: “Deutsche says the symbiotic relationship between Scotland and the rest of the UK is older and deeper than the Yes camp dares to admit. Five, it says that the idea of replicating something like Norway and Denmark – similar population sizes, links to oil (particularly in Norway) – is disingenuous. Norwegian oil and gas fields are deeper and expected to last much longer than Scotland’s which are already in decline, and Norway has its own currency; Denmark’s economy is totally different, and has a better fiscal position”, so not only is Scotland depending on oil, which still keeps them 11% in deficit, but the decline of their fields will soon become a more visible issue, then what happens? So, I remain in favour of Scotland becoming one nation (just not now), but in light of these mounting issues, we must ask the question, why is Alex Salmond not openly dealing with the issues we see here and as such, why are these facts kept from the voters?

This gets me to the final point and perhaps the only truly unacceptable view that the Guardian is giving us (at http://www.theguardian.com/politics/2014/sep/17/scots-final-call-rallying-political-engagement-votes). The headline “Scots’ final call: can rallying beneath the radar save the day?”, first of all, as this massive change hits 5.3 million wavers of the Saltire, this should be out in the open. Below the radar implies dealings for the benefit of a few, which is the one thing the Scots should not allow for. There is genuine anguish in the article as we see a few emotional turns, yet it is the end of it that should grip us all. “As Patrick Harvie, the Scottish Green party co-convenor, told Wednesday morning’s rally: ‘Nothing is going to be the same again, whichever way it goes.’”, I disagree,

I think that it is out in the open in new ways that Scotland is getting ready to be the new adult at the Commonwealth table, we the other members Australia, Canada, India and New Zealand should aid in setting in motion that transition, by allowing Scotland to sign trade agreements with all the perks of growing their economy to become solid. In addition, I still believe that India could be a large key player here, as I stated in my blog ‘the Cradle of Whiskey’ on the 16th of August. “As a solution, I still believe that India has options here. As the Indian generic pharmaceutical industry grows for Europe, it will need alternatives for both manufacturing, shipping (read distribution) and perhaps to a smaller extent research. Whilst everyone seems to stare blindly to London area’s where prices are through the roof, Edinburgh offers a much cheaper and no less sturdy solution”. This could still be a long term option for Scotland and if there is any truth in the statement that Scotland’s oil production was in decline, it is no longer a maybe, it is a given and an essential step to get several industrial changes going as well as opt for a few new ones. We just need to make sure that those ‘new’ players are not coming in under the flag of ‘friendship’ whilst collecting under the banner of greed, because that will never be a solution.

We have looked at shortages and surpluses for so long; it is time to see how those two can be connected to find the balance leading to progress. There has however been too many drum beating under the ‘honest’ statements on how bad it all is for others and how bad it is for Scotland, even the IMF weighed in on that. I think these people were slightly off the boil and I feel that the wording in Forbes was better, more sincere and a lot more correct “But if it happens, economies and investment patterns will adjust as they always have done. Deutsche is right that there are greater challenges facing the Scottish economy under independence than most people there have probably understood. But the idea of national pride is a powerful one, and some people are prepared to compromise a great deal to achieve it”. This is definitely true and it feels more sincere. It also seems to indicate how ‘flawed’ David Folkerts-Landau was when he stated “A ‘Yes’ vote for Scottish independence on Thursday would go down in history as a political and economic mistake as large as Winston Churchill’s decision in 1925 to return the pound to the Gold Standard or the failure of the Federal Reserve to provide sufficient liquidity to the US banking system, which we now know brought on the Great Depression in the US”, is that true Mr DFL? (the fact that he was stated in the Urban Dictionary was just a coincidence). We could see him, not as ‘flawed’, but as ‘shoddy’, ‘scant’ or ‘lacking’, but I leave that up to the readers. There were several issues involving the Great Depression of the US, and gold was there too, yet it was the inaction of President Herbert Hoover that were at the centre of this, he did set up the groundwork that led to the acts by President Roosevelt that would create the new deal and fix a lot of the issues that were around then. Now, as economies are a lot more intertwined the issue of trade pacts and the delay in signing up nations seem to be at the centre of this, so as Scotland ends up in the ‘stronger together’ field, we must acknowledge the need for change, the need for an independent Scotland, it is a side of freedom we all deserve. Is it so bad to help our sibling into becoming the stronger partner? That is what I find missing at the core of all the newscasts, the option to enable Scotland to become independent, preferably when economies are moving in a better direction, as to ensure the long term health of the land below the waving Saltire.

 

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June 19, 2014 · 21:22

Concerning the Commonwealth!

There is no easy news. The Commonwealth is having several issues that are not easily solved. There is always blame, but who to blame and more important, will it get us anywhere to begin with? I also believe that the Commonwealth has its share of solutions, but in that regard we will have to make some drastic changes. Some will be good, many will not be good and a lot of them will have to be different.

It is the last one that is likely the strongest salvation we might hope for, but we can no longer think the way we are, as we currently end up planning to go nowhere.

First of all, one member will need to step up to the plate and the others must protect this part. They started being regarded as a simple land, this land became a colony and later part of what would be known as the British Empire. It became independent and it is now a Commonwealth nation. Now, India must step up to the plate and become a Commonwealth leader. We (Australia, Canada, New Zealand and United Kingdom) must stand firmly and strongly next to India.

India has basically become the world leader in generic pharmacy and many are so eager to take up the Trans Pacific Partnership that we ignore the part that this US and Japanese conclave is not just about ‘trade‘ or ‘fairness‘, the indications are that it will give even more power to the US companies. A level of power they should not have to this degree.

They were complacent; they were lazy and became the facilitator for flaccid economists (yes, that was a Viagra joke).

If we accept a Canadian source, we see the following: “One proposed TPP provision would require governments to grant new 20-year patents for modifications of existing medicines, such as a new forms, uses or methods, even without improvement of therapeutic efficacy for patients. Another provision would make it more expensive and cumbersome to challenge undeserved or invalid patents; and yet another would add additional years to a patent term to compensate for administrative processes. Taken together, these and other provisions will add up to more years of high-priced medicines at the expense of people needing treatment, who then must wait longer for access to affordable generics. Meanwhile, provisions in the proposed investment chapter would give pharmaceutical companies the right to sue governments for instituting any regulation that reduces their expected profits, using private tribunals that circumvent a country’s judicial process.” (at http://www.msf.ca/en/article/negotiators-must-fix-most-harmful-trade-pact-ever-access-medicines).

This is not what we signed up for in any way shape or form (nor should we ever). It had been stated in several sources that Australia was one of the least objecting partners. The fact that this would be done and through this ensure the consequence that a large part of the Commonwealth will then have another decade of expensive medication to look forward to is just too absurd. when we read the additional quote “U.S. pharmaceutical company Eli Lilly is using similar provisions in NAFTA to demand $100 million from the Canadian government for invalidating one of its patents, claiming, among other things, that the company’s expected profits were “expropriated” when the patent was overturned“, we see a pattern where the use of such a partnership is not a partnership at all, it feels more that America is applying republican dictatorship, through arranged courts in order to thwart almost two decades of laziness and stupidity. Them overspending their treasury by well over 17 trillion is not helping them either and is at the centre of the current push we see.

India is proving slowly to be the leading authority on generic medication, even now in the last two years we see players like Kroger, Axium, Pfizer and Wyeth in multi-billion dollar mergers. They are setting up shop to have their own corners, which will grant them stability and income for the next decade. Guess what! We cannot afford that. The UK NHS is in shambles, healthcare all over Europe is unaffordable and the other Commonwealth nations see the cost of medication go up and up and up. These costs forced upon governments are the new way to get the maximum revenue, whilst in the end not being taxed on it (or for the ultimate minimum). India as a Commonwealth leader in generic medication can step up to the plate. We will not go to India, no, it seems that under these conditions India comes to the UK, Australia and Canada to build their places for generic medication to be produced. India would become a leader here. I wonder if President Pranab Mukherjee had ever envisioned that, to visit the other nations, including the UK as a leader, paving the way for a solution to the other heads of states of the Commonwealth.

If you think that this is ludicrous, then think again. In the Independent we see at http://www.independent.co.uk/news/uk/politics/government-accused-of-losing-grip-on-nhs-as-58-failing-trusts-now-have-241m-debt-9544181.html the following headline “Government accused of ‘losing grip on NHS’ as 58 failing trusts now have £241m debt“. Australia is feeling the pinch of healthcare hard and Canadian healthcare will soon be a sizeable chunk of a 2.2 trillion dollar debt. This must change!

We need to pull our resources. We need to think of other ways. Medication from India is only a first step. How about the option for healthcare graduates to work off their debts in a few years overseas in the UK or Canada? They’ll have a place to live, some income and over a period of 5-10 years (depending on the degree) their debt is settled. These are but a few of the options we can resort to. The old ways are not working and the few that do are drowned into costs of a faltering IT system. We need to group ourselves together and build a new system on different scopes. The old way has not worked and the more we delay the deeper the debt becomes and the less solvable the problem becomes.

This is no longer Labour versus Conservatives; this is now finding a way to avoid deaths through inaction. I agree that simply starting something new is not the way to go, the Labour IT systems of the NHS have proven that ten billion pound invoice, and yet doing nothing is another non-option. The heads of the Commonwealth must come together and find surpluses on one side to stop drainage in other sides. We are one commonwealth and we must save us! From there we will have the stability to come to the European aide, especially with affordable medication.

This side was ignored by the USA as the cash was flowing so nicely. Guess what, we are all broke and we need to find WORKABLE alternatives. The ones we claim to have at present do not work!

Let me also take a step back. This is not an anti-American thing, they are welcome to be part of this (even as a non-Commonwealth nation) and the issue is that they have been blocking affordable solutions through the FDA for a long time. What was good for Canadian was apparently not good enough for Americans and cheaper medication. The information from RxRights.org stated: “Threats to Economic Creativity and Theft of Intellectual Property Act of 2011 (PROTECT IP Act). This new act moves far beyond COICA’s blacklist of pharmacy websites. It would categorize all non-U.S. based online pharmacies as a risk to public health. It would require that Internet service providers and search engines block these sites that credit card companies stop their payments. Even worse, under this new law, Canadian and international pharmacies would be prohibited from defending themselves against those who shut them down“. This situation is even more ridiculous as this is instigated by a president claiming to bring ‘affordable‘ healthcare. If that were true, then why not let people find the cheapest option? Is a Canadian less than an American? No, it is all about a Democratic party with minus 17 trillion and they are firmly in the pockets of big pharmacy! That is the part and the Commonwealth cannot afford this shallow minded greed based approach. We must entertain the best option for the Commonwealth. As General Motors left Australia for cheaper options in China, so we must find our cheaper options in India and the TPP will not help us here. Signing it would be a massive mistake. By the way, all them Americans spamming my email for cheap Viagra was legal? Interesting double standard the FDA has.

We can see more in regards to Indian patents (at http://timesofindia.indiatimes.com/home/stoi/all-that-matters/Changes-to-Indias-patent-law-will-impact-prices-of-life-saving-drugs/articleshow/32519848.cms), of course, as it is the Indian Times, it would be all in favour of India, but are the facts incorrect? That part is in debate on several issues. One question that has not been answered over a term of at least two years is “Access to Medicines – Will the Trans-Pacific Partnership FTA allow governments to produce and/or obtain affordable, generic medications for sick people?”

That is not just the question which is not answered; it is one if the questions that seem to be actively avoided whilst the TPP is continued behind closed doors. The response from Doctors without borders is “Governments have a responsibility to ensure that public health interests are not trampled by commercial interests, and must resist pressures to erode hard-fought legal safeguards for public health that represent a lifeline for people in developing countries.”

This is at the heart of the issues for the Commonwealth, because if these steps stop affordable medication, then there will be no healthcare at all, the Commonwealth nations will be broke as they are decimated through age and sickness, after that what will be left of Western Europe?

It is only a first step; if we look at the NHS, then staffing and expertise are also a worry, which is by the way a worry in many Commonwealth Nations. Most of these nations have well over 5% unemployed; can some not be re-schooled in the healthcare sector? In the UK many IT trained staff are without a job, can they not help rebuild the NHS IT systems? Too many issues that are overlapping and someone threw away 10 billion. It is time to rewrite the tactical guide and start building a solution that will work. Sitting at home will not help anyone, not even one’s self.

 

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May 3, 2014 · 14:18

Lessons not learned

As I look back at the end of a lifetime and I wonder whether I am just nuts (which is always a fair assumption), or that others are just unwilling to see the implied fact that we have stopped evolving. Many lives are basically based upon bread and games, a term that goes back to the Roman Empire and seems to be at the very core of what is happening at present in many areas when we compare ourselves to people in the Ukraine. The ‘free’ west seems to be focused on sustenance (a basic need for surviving) and TV. The TV is even showing some gladiatorial show, where people do some kinetic steeplechase for the glory of fame and fortune. I have nothing against the game. I have seen it; it was fun to watch up to a point; and when we switch to some cable channel we are likely to see a TV series that we saw before, a series that is rerun again and again, whilst not showing the latest seasons, but leaving us 2 or more seasons short (depending on the station and the series). We get to see those episodes, whilst the rerun is not giving us the last 3 seasons of NCIS, the last 4 seasons of the Big Bang Theory and so on (it is a very long list).

The top of this consumer pyramid scheme (politicians, board of directors and so on) goes on planning for additional wealth, whilst the rest is getting outdated TV and they are just trying to make due.

That view is getting stronger and stronger as we are confronted with the escalations in the Ukraine. There are two sides that propagated these thoughts. The first was something President Obama stated when he addressed the press. The quote “this week to implement the IMF plan to stabalise the Ukrainian economy“. That part got to me. The US is getting all huffy and puffy about more and more sanctions and actions to get the Ukrainian ball rolling, so that the IMF can spend billions upon billions in some way. WHY?

Chancellor Merkel, like many European spokespeople are trying a softer approach. This is not about which method is better, but about the fact that this is more about the IMF and that what we might laughingly regard as the Ukrainian economy then about anything else. Does anyone remember a place called Syria, where even today people die by the dozen in a civil massacre between the forces of President Assad and their opponents? The ‘crossed‘ red line, even after the second chemical attack is not getting too much visibility is it? Did the powers that want to control forget about those events?

Even more important, the fact that the separatists took out 2 helicopters with missiles (not clear which exactly), is not a reason for stronger concern? I am not accusing Russia at present, but where did these separatists get the weapons to shoot down two helicopters? As I see it, pushing billions into an area that has no stability is just a really bad idea. It seems to me that these issues are not really focussed on. In addition, the NOS news showed us small video bytes of news moments where we see members of US Congress, where they seem to advocate stronger measures and stronger responses. More sanctions, against whom? It seems that the people outside of that circus are ignoring an economical and political play which could hinder their own futures for at least another decade. The fact that Europe will go for another round of dealings for cheap Russian gas seems to elude many people. The US might really like the idea that Russia Gas is turned off, it will give the US the economic option of selling gas to Europe, which will hike the power costs of Europeans by a likely 15%-20%, did the people on both sides of the Atlantic River realise that these events could have long lasting consequences.

Getting back to the Ukrainian issue, I have stated before that the Crimean people were the pushing power to the annexation of Crimea back to Russia. In my mind the Ukrainian government only had itself to blame there. This view is not one I have when we look at the issues in Eastern Ukraine. I cannot deny that Russia is playing a game here, but what game are they playing? Whoever is playing out these events in Eastern Ukraine is doing so on a few levels. First, these are not just all Russians or Pro-Russian separatists. There is equipment, there are droves of people in their support and the events in Kharkov (where a mayor got shot and we see a change of those in charge) also imply that there are levels of orchestration in play, but those behind the screens are not shown.

So why is it so important to get the IMF in there at this point? I am not stating that the Ukraine should not get support, but the EEC and the IMF are so busy getting in there as quick as they could, that we should consider the history on Greece and Cyprus as well. The IMF came in after the fact (which is fair enough). It seems to me that the Ukraine is about something more then ‘just’ the Ukraine and as such questions should be asked. This will all take several other cycles of information crunching when we see that Serbia is also voicing on their upcoming EEC membership. How is Serbia’s economy and how are their balance books?

Is this all about the economy or are the political power controllers in the US not telling us all (the use of political controllers was intentional for those who missed out on a few events). I have stated in the past that from my viewpoint, the US is past its point of bankruptcy (but what do I know), the link here is that the analysts and power brokers downplayed UKIP in the UK and Front Nationale in France. This economic nightmare that Wall Street said could not happen is currently no longer that unthinkable, which makes me wonder why those analysts are on a high 6 figure income. The Farage party is still a strong contender at present and Front Nationale has already made a first sweep in France and the party under President Hollande is now seriously worried. When these two do achieve the drastic change they want, the bang that will sweep the European economy will have a massive impact on the US as well. Perhaps they want to add Ukraine and a few others as soon as possible to soften the blow and to keep alive what will then soon thereafter be known as a puppet currency, which requires the IMF to step in, in as many places it can, so that whatever crash the economy makes then, it will be supervised by one voice that is not the US, the IMF (with the US having the most powerful voice within it).

So in my view, these events are not directly linked, but they have bearing on each other. Is this why Eastern Ukraine is so adamant about no longer being part of the Ukraine? That last part is pure speculation on my side as I have not read any quality reading on why the Easters Ukraine is so militant at present, but it is not just about someone else running Kiev parliament. The reasons are far too militantly played for that. This does not mean that Russia is innocent here, but considering just how much intelligence is gathered on several levels for so many years and on how ‘silent’ the CIA and other players are in that regard. We see the news and we see all those references to keyhole satellites and even as we all knew that Syria was such a powder keg, no one saw anything in Syria. Now we see these escalations in regards to Eastern Ukraine and again, no one seems to see anything here either. So what are those keyhole satellites doing and why are they staying silent. Did no one consider asking that 143 billion dollar funding question?

So why do I care so much about this?

If the Commonwealth is to remain a top economic player, then we must see, acknowledge and consider the options we have and as the UK was never part of the Euro, their currency is safe, but their economic position less so. The UK cannot keep on paying these outrageous amounts, whilst for the most; the EEC members do not keep their budgets in order (they overspend close to 600 billion too much in 2013 alone, this is including the UK). When the Euro tumbles and the Dollar gets the pounding of a lifetime, we must consider what is right, correct and the best for us. Within the Commonwealth those options might be limited to some extent. I always believed that if we as Commonwealth nations (Australia, Canada, India, New Zealand and the United Kingdom) as the top economic nations of the Commonwealth pull together, we can weather all these economic storms and help ourselves to a larger and faster recovery to something better then it is at present. Should Nigel Farage pull of the referendum the way he wants it to end, these levels of cooperation would become vital to the UK. I speculated in the past that the crumbling of the US as a super power would instigate a new coalition of perhaps Russia, China and India (purely speculative on my side), then the Commonwealth link would become even more important. These events go further then just some super power game. The US remains so eager to push the TPP (Trans Pacific Partnership), in there the changes they were considering to Patent Law and Intellectual Properties in general are a concern to many. The face that Australia seems to have blindly accepted it, whilst New Zealand asked the questions and had the reservations both should have had to begin with are also a fact. America fears the abilities that India now has in Generic medication. India sits on a goldmine in an age of faltering health care and the overwhelming need for lower cost solutions in an ageing population. The US pharmacy was dormant for too long, new solutions are delayed again and again. Not unlike the IT where American superiority was boasted and whilst the American Industry embraced iterative evolution, was equalled and now to some extent even surpassed by Asian engineers, the Pharmacy field is in a similar, but not the same predicament. So whilst they focussed on the erectile need of Wall Street, India grew its generic enabling markets. Now America has a problem and the 14 year patent edge will no longer suffice and in the time several players went for the greed driven iterative plan, now slowly are finding themselves on the outside looking in.

This is exactly why the US is in such a state to drive these issues. I reckon that they never expected to be so linked to the Euro and their consequences. I personally feel that not keeping their financial house in order was at the centre of these reasons and like Crimea, it returning to the Russian fold is the worry of the US as the Euro could ‘collapse’ when nations decide to reject the Euro and return to their original local coin. The UK kept the Pound, but when France moves back to the French Franc, the currency that is no longer supported by two major economies will entice others to follow suit. The Dutch PVV has had several investigations to dump the Euro and return to the Dutch Guilder, when that happens party of Geert Wilders (even though the Dutch economy is small in comparison to the large four), the German corner could end up panicking and could move out to preserve itself, is that all such a long leap of faith?

This all will hurt the US in many ways. Now, it no longer aligns it’s maximum borrowing power to one currency, but to well over half a dozen, which should collapse their spending spree for at least two decades, more if the US defaults on even one loan. Consider in the second degree what happens when S&P will have to return to the comparison approach it employed before the Euro was adapted by many European nations, the impact could be massive.

So as the bulk of the people are asleep, relying on bread and games, the powers that would like to remain in control are playing high stakes poker as it is others peoples money and they will not pay the bill when the deal goes sour. We all must do what is best for us. The UK, the Netherlands, the Ukraine and the US. They all have to make their own decisions, whether they are valid for others or not. That is what many forgot as they all were trying to play a game on a global scale, with them all having themselves in focus. Crimea did what they consider to be best for Crimea. Most people forgot about that part, even Kiev forgot about that side of the equation, which makes the entire escalation part even sadder. So, should you consider my view to be invalid (which might be fair enough), consider the amount of actions, many debatable on both sides of the Ukrainian aspect. Consider the amount of NON-actions that were taken during 3 years of Syrian slaughter (on both sides). In my view, just focussing on one part of getting chemicals out of Syria (which is essential), whilst a second chemical attack took place (which had almost no coverage) looks like a joke to me.

Even now today (less then an hour ago), we see Ukrainians acting out against Ukrainian tanks, does that remind you of other similar events?

What lessons are we not learning?

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January 17, 2014 · 04:20

Year of the last Euro?

Wednesday’s news on ‘George Osborne lays down ultimatum‘ seems to have remained a little quiet. So, was it all hot air, or are there silent runners under the waterline? The situation reminds me of a poster I once saw. It was a photograph of water, with the by-line ‘Submarine racing, a spectator sport!‘ I thought it was quite funny. Whilst scanning for the latest on this event, I find several people mentioning it, but no real update for a day. The Guardian article was quite informative (at http://www.theguardian.com/politics/2014/jan/15/george-osborne-reform-eu-quits-tory-dismantling ). However, I regard the BBC version of it a little better (at http://www.bbc.co.uk/news/uk-25740462)

The BBC article does however have two items I do find interesting, but they are slightly debatable.

The first one is “I believe it is in no-one’s interests for Britain to come to face a choice between joining the euro or leaving the European Union.” Why is it one or the other? In my view, the only part keeping the EU from collapsing is because the United Kingdom DID NOT embrace the Euro coin. I will get back to this a little later.

The second part is “The 28-member group also had to do more to ensure economic competitiveness with rivals like India and China, he added.”

I feel that the UK could become a lot stronger if the Commonwealth brethren embrace each other as family and as mutual protectors. This means that the UK should become the centre force in group that includes Canada, Australia, New Zealand and India.

In my view, the issue is that Chancellor Osborne is too adamant to sing-a-long with the American tune. I view this like a game of musical chairs. An iteration game of leave one out! The problem is that this game includes one chair that is only meant for the rear end of America, so it will always have a chair to sit on. They should not even be included in this game, but there you have it, for some reason they are part of the EU game.

So let us get back to the first part as promised. The EU (or EEC if you prefer), has 28 nations. In the GDP rankings the UK is at number three. The issue is that the top 7 has Germany, France, Italy, Spain, the Netherlands and Sweden (these 7 are 79% of the entire EU GDP). Only Germany is in a good position, The Netherlands is on the thinnest ice imaginable, whilst Sweden in its economic state seems to remain skating on the ice it has (for now). The rest has gone through the ice and are in a bad place. So, why should the UK risk it all and add themselves to a currency that is drowning itself because the local politicians refused to stop spending when they could, they kept on spending when they should have stopped and now they are in that bad place. Many should be thankful that the UK and Sweden are not part of the Eurozone at present.

In addition, Greece, according to Finance Minister Yannis Stournaras does not need any more austerity (Nov, 2013). Spain stated “The budget is based on a forecast that the Spanish economy will grow 0.7 percent next year, up from the government’s previous forecast of 0.5 percent.” (at http://www.nytimes.com/2013/09/28/business/international/spanish-budget-avoids-austerity-measures.html). Yet Bloomberg noted on September 5th “Spain’s bid to meet its budget-deficit target for the first time in five years is running into trouble, fuelling concerns that increased financial stability is masking deeper economic problems.” So, what is actually happening here? Are we witnessing new waves of creative accounting?

In light of all the bad news, it must also be noted that France is at least still fighting to keep the austerity in place, even though President Hollande is slowly becoming the least popular president in French history. I applaud him for standing firm and I do hope he will not share the fate of Louis XVI (a one-time treatment at ‘La Guillotine’). Italy is for now also on the Austerity track, but internal developments are not good and there are signs that Italy cannot continue the course it currently is going. So out of the 6 (not including UK) one is doing decently well, two are on the edge and the rest is for now in a bad place. This is not the time to switch currency, especially as the UK is slowly recovering, to add their heads to a block whilst the Axeman is spending the night away. It is more than just bad politics to do so.

So, we see percentages all over the place, but in the end, what does it mean? Well, let’s take a look at the numbers (as far as I found them, and a stern warning, the numbers are unverified and not from the best sources). In my defence, the numbers do not seem to be clearly presented anywhere.

Sweden, the smallest and not in the worst state is a little over 1 trillion debt at over 180% of GDP, Spain at 2.3 trillion, which is over 150% of GDP, Italy at 2.4 trillion, but interestingly seems to be at almost 100% of GDP, the Netherlands at 2.6 trillion, however the numbers I found place them at almost 350% of GDP, France is at a whopping 5.1 trillion and like Sweden around 180% of GDP, lastly Germany owns over 5.5 trillion at a ‘mere’ 140% of GDP.

Whatever some of these so called economists are trying to tell you (they are hoping you do not revolt against additional borrowing), the current nightmare is far beyond the issues you can imagine. the populations of Sweden is almost 10 million, the Netherlands is at almost 17 million, Spain 47 million, Italy 60 million, France 66 million and Germany at well over 80 million. You see, in the end, the taxpayer gets to deal with these trillions. So, a large nation might seem safe, but consider France, where austerity seems unbearable and with that sizeable population, the debt comes to over 74,000 euro per person. The average income for a Frenchmen is almost 32,000 euro a year (before taxation), which makes the debt more than 2 annual incomes from every implied French resident. So, when people get angry, they need to get angry at previous government administrations that had spent to such a degree that the current debt is unbearable! (Something I have mentioned in several previous blogs.)

This is also the danger of UKIP! I am against the UK moving out of the EU for several reasons, yet the changes could be forcing the current British government to consider the one step that UKIP desires most, what a mess that will make!

Part of the issue I am struggling with is actually in another article in the Guardian (at http://www.theguardian.com/commentisfree/2014/jan/15/europe-welfare-spending-george-osborne). I do not agree with parts of it, but the article is well written and the writer Alex Andreou does set out his position very well. So, please do read it for yourself. My issues is with “The fact that as a continent we have embraced values of social security and solidarity, a high standard of education and health for all, and dignity in old age, should be celebrated.” I am all for that and I am in favour of that too, yet governments all over Europe (including the UK) have overspend by such a massive amount that cutbacks in these times are extremely painful. I get it, but previous administrations lived under some umbrella with the picture of a sun, which they took as an eternal summer! Instead of caution, they ignored basic rules and just went all out on a spending spree. Now that all the money is gone, the coffers are instead filled with ‘I OWE U’ notes. When every nation spends more than they are receiving, no one will have any money left, yet governments started to borrow to one another. So, those in debt were borrowing massive amounts to one another, even though no one had any money, is no one catching on? This is my issue! I am all for social security, but if we do not have the money, how can we get it done? In addition, Latvia, the newest member of the Euro states (at http://www.bbc.co.uk/news/world-europe-25567096 ) “The former Soviet republic on the Baltic Sea recently emerged from the financial crisis to become the EU’s fastest-growing economy.” Is that so, in that regard we can read the following at http://www.baltic-course.com/eng/finances/?doc=83279 “The state budget is projected to have a deficit in 2014, 2015 and 2016, according to the medium-term budget framework that Saeima approved in the final reading yesterday, informs LETA.” so the newest member already goes into deficit from day 1? This is quoted in the following way in the article “The medium-term budget framework is based on the following GDP growth forecasts: 3.7% in 2014, 4% in 2015, 4.1% in 2016, 4.1% in 2017 and 3.9% in 2018.” so already above the limits as stated by Brussels. Compared to the top 7, the amounts they refer to seem peanuts in comparison (al 35 billion of them), the issue is moving forward and gaining economic strength, not add to the massive debt. As I see it, the Latvians have plenty to worry about and in my view; the UK and Sweden would remain well warned and not join the Euro.

Time to get back to issue 2!

I stated earlier “the UK could become a lot stronger if the Commonwealth brethren embrace each other“. As the issues evolve, the Commonwealth should revert to a new British Empire, but only in an economic way (undoing the work of Ghandi looks wrong on way too many levels). One of the big dangers is the Trans Pacific Partnership. Australia and New Zealand are in my view to eager to add their names to an approach that is all about keeping America in ‘power’! Why do I have this view?

There are several articles, but at http://www.businessspectator.com.au/article/2014/1/14/technology/tpp-trades-us-clout-expense-innovation we see some of the issues that will bug many in the Commonwealth.

The quote that starts to scratch the surface is “in 2009, total patent applications made through the patent co-operation treaty process from applicants in these nations also exceeded those from North American applicants for the first time.”

This is the fear America has, which is why they are so eager to get all the autographs. You see, as I see it, Americans became (or were in the eyes of some) complacent, lazy and greedy (the American industry, not the people). For example, as I see it, the IT industry took a page from the arms industry and stopped true innovation and replaced it with iteration. A disastrous step as you will soon see. The powers at IBM and Hewlett Packard, as I see it, decided to listen to military giants like Raytheon and Northrop Grumman. So, America went from the innovation based, which brought the leaps from the 386 through to the Pentium II, and we ended with iterations like I3, I5 and I7. Newly coated computers, which now move forward in stepwise motion. The issue is that Asia had a huge delay keeping up and this all changed as their comprehension improved, in addition, it is for technology insiders relatively easy to learn the path of an iterative technology. This is the first step of fear as America is now facing it. Asia has its own group of innovators and in my personal view the passing of Steve Jobs took away one clear path of innovation. When Apple moves in that same iterative path, the last true American innovator will be lost! Now Asia has a massive advantage and as such America needs to clamp down on whatever they can, with the massive debt and no clear future path their world will all be about Intellectual Property! The article touches on it with the following quote “But what if the real motive of one or more parties was to isolate, control, enrich, deprive, penalise and stifle? In effect, to put a toll on the drawbridge.”

This is at the centre, but not at the core of all this. That is why we see the mention that India is seen as a competitor, because for America, they truly are the new competitor. That deadly error was made by the American administration in 2011. Forbes tells us about it in http://www.forbes.com/sites/henrychesbrough/2011/04/25/pharmaceutical-innovation-hits-the-wall-how-open-innovation-can-help/. They published it in April 2011. That story shows only part of it. The quote “The patents granted to these drugs last for 20 years from the date of filing, and since most drugs take 7-10 years to get to market, the pharma companies have known that this moment was coming for the last 10-13 years. It is the logical outcome of a deeper problem, which is that pharma R&D spending has been less and less productive for many years.” gives us two parts. One is that there are clear indicators that the pharmaceutical industry has been working on borrowed time. The second is that the ROI has been dwindling down and that these corporations will face the horror of generic medication as several patents hit the end date in 2015. That means in just over a year, the largest maker of generic medication (India, in case you were wondering) will get to have a go at several extremely lucrative prescriptions. Perhaps you remember news messages on how the FDA was so against Canadian medications. I personally considered that entire issue to be a joke, but the underlying horror for America was already there. I mentioned in other blog articles on the issues I have had with the Dow Jones index (‘Start making sense’, 11th march 2013). Now consider that the three large pharmaceuticals Johnson & Johnson, Merck and Pfizer represent 10% (3 out of 30) of this index, so America is plenty nervous here. Now take into account that these three will have several expiring patents by December 2015 and that means that within months India could have a quality generic alternative, which is likely to be more than 70% cheaper. Now, be aware that a generic medicine is often less effective than the original. Still, the price difference is huge. It is not just the US; the UK has its own share of pharmaceutical makers, so the knife does cut in two ways in this case. Still, when we need to cut back again and again, India could be a good thing for the Commonwealth at large. So, even though some see the TPP as an option, there is implied evidence that the TPP could strongly block innovation.

How does this link to the Euro? No matter how we twist or turn it, the hard times America will face as it has been facing them for the last few years will intensify as innovation remains absent. That will hit Europe in several ways. The Netherlands already saw that as Merck shut down activities like Aspen Pharmacare. The intertwining of corporations on that level are all over Europe, and as such as American Pharmacies are hit, their European links will suffer a lot more because of it. So, yes, India is a competitor there, but the UK together with Canada and Australia could look for a cooperative solution with India and not see them as the competitor (as America currently does).

So is this all linked to the end of the Euro? Yes! It does however depend on the actions of the UK. If is stops membership, the run on the markets and the panic Germany faces could be catastrophic for the Euro, especially as Germany cannot rely on the pillars named France, Spain and Italy. The other nations are either too weak or too small.

Could George Osborne be wrong?

That depends on your point of view and your allegiance. The latter is implied as I noted the reference to the musical chairs with the one reserved seat. News messages like “the call to end austerity by ‘insiders’ from Brussels”. Yet, in the other light governments must reduce their spending and they need to get clever about it fast. The UK non-working military recruitment solution at 1.3 billion is just one clear example. Pretty much every EU country has its own skeletons. I see that the UK could be stronger as the Commonwealth nations take a route of preference to strengthen their economies, it is clear that such a path in Europe would remain stagnate until late 2015. That does not make George Osborne right, it only means that a European route might work, however it will be a long term path and switching to the Euro (at present) does not seem to be a stable solution for the UK to implement.

 

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June 12, 2013 · 16:05

Has the case of UKIP been made stronger?

It seems that the EU is starting to hand out slightly less restricting measures. Commissioner Olli Rehn is removing for a short time the 3% deficit limit. This is a slippery slope to say the least. Yes, it is correct that the economy is a fact that needs to be fought. Yet all (including the UK) are spending money that they do not have. UKIP is riding on the waves of these fears, where we the taxpayers will end up footing that bill no matter what. And in the European picture the ‘we’ is simply any citizen paying tax. Governments writing checks, for which they have no money. However the difference of that small point that they can no longer cut is still amounting to billions. In the UK with a vastly over the 1 trillion pound deficit such sliding numbers will really add up. Like me, Nigel Farage saw this coming from a mile away and now he is ready to play his move to start walking towards a landslide victory.

If these driving reasons are not dealt with then both Labour and Conservatives who are currently nowhere near changing the economy are heading to a legendary defeat. There is however a comical side to this. (One should always find reason to smile) It would be the first time in history that the opposition could get crowded by both Labour and Conservatives, with day one likely becoming quite the show. How would that fall in the House of Lords? In that case Black Rod (the Usher) will have a field day! A role currently assigned to Mr David Leakey, former Lieutenant General in command of European Union Military Staff. He was awarded ‘Companion of the order of St. Michael and St. George’. Take it from me that when the members of Club Carlton and the Reform Club are on the same side of the isle, the Usher might need a little back-up to break up slight differences of opinion and he better bring a bigger Dragon then the one St. George slew to aid him.

Yet, the shortage is the issue. How to stem the tides? It is clear that spending more and more is not making it happen. I personally think that it is time to join hands together (not singing Kumbaja). As Commonwealth nations we have a duty to stand together. We have always seen the US as a brother, yet when it comes to accountability, their actions have a massive bearing on our situations, yet they just shun accountability, they have remained absent in stemming the tide of the economical Tsunami, they themselves are creating. My suggestion is that we the United Kingdom, Canada, Australia and New Zealand start uniting economic solutions together. Being parked in London, Sydney or Melbourne is no longer an option. All three have to deal with shortages on one hand and unemployment rates on the other. What if we seriously start to change that? What if we push for a preferred partner in solutions? I myself experienced last week the answer from Canada, that they (one consultancy firm), when it comes to foreign workers limit themselves to US citizens. Perhaps our English is not good enough? There might have been a very valid reason in this, yet I cannot stop to wonder whether we are ignoring possible options to make the Commonwealth economically great again.

We are under such pressures to adhere to ‘corporate’ standards, and the bulk of all those companies are American. This is not about pointing fingers, but to restart an economy. If we look at the gaming industry nowadays, then that war, which was a former war of innovation, which is now diminished to a war between Microsoft who is about to hurt low income gamers and Sony, who is true to the gamers. The interesting side is that they for the most come with the same titles. There is still Nintendo, yet they seem to be lagging way behind. This is a multi-billion dollar industry and the shares are almost 40-40-20 with Nintendo in the 20% group. What is stopping us to take the Google OUYA Android Gaming Console into that market and start growing a market that is now, but has massive potential. Let’s face it, getting 10% of that market is still serious money and the economic downturn to people will remain at least another 3-4 years. So with a play to a cheaper solution is one they would love. It also forces the other three to become innovative and competitive again.  Smaller playable games at less than £ 5 makes it possible for starting developers to make many millions. Consider that families can afford 4-5 games instead of 1 Microsoft game with a £5 surcharge. It does not end there.

Europe is outsourcing customer care centres, technical care centres and we cannot find a way to get 100,000 a job? We need to rethink corporate thinking that is smaller based, makes money and pays taxation. That makes those places 3 times a winner for all parties involved. It does not matter who gets to be in office, in the end we need to fight to make sure that this office survives!

And as we go back to that multi-billion dollar gaming industry, when these people get a pre-owned game surcharge where will that be taxed? It is time to put a stand and make these chargeable items taxed in the gamer’s nation, not in a virtual server location where no taxation is due. When these companies move into the nations of the world, demand rights, protection and support, yet walk away from taxation that is due as they receive all those rights, then we should look at the abundance of non-accountability and make it an accounting matter.

We need to start moving. It is nice and essential to fight over the GCSE A-levels, but without an economy they have no future, and we must fight for both!

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