Tag Archives: Rafal Trzaskowski

February 9, 2016 · 22:15

Prazosin for Bankers and Politicians

We all have views, we all have opinions and we all have insights. That is our right and I would never deny those rights to anyone. Yet, in any light, should we stop asking questions? Should we decide on one voice being more trustworthy than another one? Should a mere reference or the right PDF be value to that? That is a question every reader should have. You cannot just select one option and ignore the second one without evidence. Some we trust on their word, some sources we trust, and in other cases we trust our own gut feeling. Whatever choice you take here, you must always hold onto scrutiny that what you become aware of. Some you can decide on because of logic, some due to education and experience and some are based on the trust that others give it.

That is the first token, as I see it in any given situation.

When we get back to my previous blog (We do not Care Bears), I mentioned elements in the upcoming Brexit reference. In there a prominent Police Minister of State, namely Rafal Trzaskowski mentioned on the cost for Britain, with the additional mention that you can’t always get what you want. Now we see another specimen of the in this case partially Polish persuasion, namely Jacek Rostowski who gives us “The leave campaign must remember the advantages that Britain has negotiated over 40 years of EU membership that will be lost – as will the UK’s main route to global market access“, is that truly the case? Do you not think that many nations will find a backdoor in any arrangement if this means that they can export to a target audience of 65 million? In addition, the statement “It is hard to see how a market of 65 million could negotiate the terms achieved by that of 500 million“, which is a truth and a fact. What is not given is that the UK is 13% of that entire population. It is one of several nations that has had enough of irresponsible spending and non-accountability.

It is the title we see again in the very and “it is for the British people to decide, but the leave camp is selling a Pollyanna vision of Britain outside Europe that will never exist“, which sounds nice and clever, yet in all this, when a population of 65 million needs goods trade will occur. It did so before the Euro, it will exist after the Euro collapses. It is the rock star (the person I have written about and against) Yanis Varoufakis that gives us ‘The EU no longer serves the people – democracy demands a new beginning‘, which is not incorrect, but it was the Greek utter unacceptable acts (by some of the previous Greek administrations) that is bringing this about. Now we see that Greece is selling itself of to any industrial with enough cash like a cheap debutante. My issue there is that as premium opportunities are ‘given away’, Greece itself will end up having less and less options to grow a national economy. I feel certain that Yanis Varoufakis knows this. Yet, in the article (at http://www.theguardian.com/commentisfree/2016/feb/05/eu-no-longer-serves-people-europe-diem25), he brings the goods that do matter “Brexit campaigners are promising voters that they can have their sovereignty and access to Europe’s single market. But this is a false promise. A truly single market, a genuinely level playing field, requires a single legal framework, identical industry, labour and environmental protection standards, and courts that will enforce them with the same determination throughout the single jurisdiction“, Yanis is not wrong, but I believe him to be incorrect. You see, he is not lying or deceiving you, the issue here is the exact statement that matters. Part one is “Brexit campaigners are promising voters that they can have their sovereignty and access to Europe’s market“, you see, Europe is not a single market, it only seems to be that way.

Take a look at this: “§24 EEG: falscher Alarm oder K.O. für Windbranche?” (Translate: §24 EEG: false alarm or KO for wind industry?), you see, there are still fractured markets, they are managed through a never-ending stream of European legislation. Consider the part “suggests that from 2016 effective six-hour rule the Renewable Energies Act (EEG) will halve revenue of new wind farms within 25 years“. Can anyone explain the utter unfathomability of this quote? (I am not saying it is a false quote; at http://www.erneuerbareenergien.de/24-eeg-falscher-alarm-oder-ko-fuer-windbranche/150/434/88817/), in my simple world, this cannot be. Consider the second quote “an oversupply of production electricity prices on the power exchange EPEX to 6 hours or more negative in a time-contiguous block are. Defacto means of temporarily stopping the market premium payment proceeds failure. That the threat potential of §24 is generally real, shows a view in the short history of the current prices in 2014, the at least six hours continuous phases added with continuously negative market electricity prices on a time volume of 37 hours, which then affected by the six-hour rule would have been. In the first half 2015 already 43 hours fell under the criteria of §24“, this implies that there are moments of oversupply. Now, that might be the actual truth, yet, this seems to imply that the entire renewable energy is linked and only allowed as addition to the fuelling of profit, when that goes renewable energy is not to be used, or to be charged negatively. (I know that my view of that quote is not entirely correct).

I am trying to state that if we truly believe in renewable energy, the moment there is an oversupply, non-renewable sources should be toned down, lowering the price of energy to the people. The article (in German) implies to me that this is another market that is driven to exploitation and profit. And what about the ‘over’ production? What if all that power fuels streetlights, hospitals, places that could benefit by not being charged for energy. If that is 6 hours as implied, we see the linked implication that 25% in cost reduction could be achieved.

In short, the single market of Yanis never existed, EEC legislation is in my view creating a fractal of legislative clustering, all with their own rules for maximised exploitation. The second part is “courts that will enforce them with the same determination throughout the single jurisdiction“, which is nice, but when the law falters on the levels is had, like, you know, jailing those politicians that spend the money Greece never had, would Greece be in such a mess? Well yes, because those laws actually do not exist. We see an influx on humanitarian laws, or perhaps better stated, a code guide to emphasize a surrealistic version of political correctness, yet how much protection did journalist Kostas Vaxevanis get? Was anything done with the published lists? Seems weird doesn’t it, that concept of single jurisdiction, does it not? Even within most national borders the idea of single jurisdiction is a bit of a stretch. Especially when we see the intermixing of issues of commercial and criminal law. We see banks not getting convicted for their actions, yet under intentional torts they could get a hefty invoice. When we get to Quasi tort, we see the case Re Goldcorp Exchange Ltd [1994] UKPC 3, where we get that the bank argued that the gold stocks had never been isolated, making all the gold customers unsecured creditors and that its security interest took priority. It is an argument that can be made, yet in all this consider the parallel where the Greek government ‘sold’ its bonds to the Greek retirement funds. Perhaps some people remember the news that the Financial Times had in Feb 2013 (at http://www.ft.com/cms/s/0/91aae2a6-75f4-11e2-8eb6-00144feabdc0.html), which gets us: “Smaller Greek state pension funds, which are only able to invest in Greek government bonds that are held by the central bank as custodian, together had losses close to €10bn over the same period“, so does that not amount to hiding debts and giving worthless IOU notes to those retirement funds? Was this ever criminally investigated? Moreover, if it is not a crime, why wasn’t there a law enabled stopping this? Even a local Greek law might have helped a lot, but we have seen in many places that certain players will get away with murder, just look at Tesco and see which players are still not under public scrutiny to see that reality.

So, I have issues with this piece by Yanis Varoufakis, yet you should read it, because it is a good piece. Yet, in all that, he never mentions to hold the people and the laws to account as they fell short in the last decade, which I believe is crucial to any progress, any true progress of a shoddy economy. Because with corporate greed firmly in place, with a bubble where power seekers can fill their pockets, we will never get any solution. The realistic fact that over 1 in 3 Greeks are now in poverty should have been a large wakeup, but it seems not to be the case. As some players want their extra cream, fat and lollies, Greece gets to end with less than nothing, something that could have been prevented in 2014, but alas, the law was inadequate.

It would not have been easier, but at least Greece might have a few options, now they have none of those and even less possessions as the valuables have been sold off, a part I was never in favour of! So, let’s get back to the Jacek Rotowsky story (at http://www.theguardian.com/commentisfree/2016/feb/08/brexit-pollyanna-vision-europe-leave-campaign-eu-uk), where we see “This reminds me of the Brussels phrase: “If you’re not at the table you’re on the menu.””, well, as I see it Poland will be, the UK is deciding that this restaurant is no longer for the UK. In that same environment we get the following Gordon Ramsay memes (I have no idea if he ever stated them as I do not watch his show).

You burned the food so black, it stole my bike.

No Gordon! You placed the debt money next to the oven and its equity turned to ash.

This mushroom is so raw, it says the princess is in another castle.

No Gordon! You cannot refer to the economy as an unpleasant situation and state that the other person is at fault.

So as we see how Jacek Rotowsky is about who is at the table and who is on the table, we are in actuality seeing that the UK finds this restaurant to be massively overpriced, whilst serving stale food. And they are not the only guests in attendance, you see, there are 2 dozen more people there. With the first shift (Brexit), France will immediately moving to a Bistro (Frexit), which leaves Germany and Italy in a lurch. Considering that these 4 have 70% of all the debt. Yet they still believe that moving out and taking their invoice with them will pay off for them in the medium long run mainly, because the other nations are just as bad in keeping their budgets and Greece is showing how the others are paying for their choices and errors. The only one in a bad place is Germany, because when the UK goes, so does France, unless it can make an ironclad deal with Germany, giving Italy chances to catch up, but if France goes, so does Germany and then the mess will be complete. The UK is not the first one to truly get a better deal, that is Germany, but overall both will be much stronger within 5 years. France will muddle on and the power blow that the US gets when the Euro goes is the nightmare scenario for whomever ends up in the oval office, only because greed could not be contained.

So as bankers and politicians grab the most powerful Prazosin solution they can charge their health care fund for, we see that this only dims the feeling the nightmare has, not the reality what a collapsed economy holds. That reality will be with the people, they get to learn this lesson because too many players were happy to quote unreal expectations of an improved economy, after which they would hide behind waves of managed bad news and not seek out the dangers that might have been a long term bet could now bring us the approaching reality that we see today and that could pan out to be the new life in Europe from 2017 onwards.

We do not Care Bears

Today, or better stated, the last few days have seen a wave of articles going on, many form newspapers and several from every source possible. Mostly the message is that Brexit will cost the people. Messages like a prospectus for sale issued by the financial trading business stating “a UK exit from the EU could impact the group’s profits“, which is interesting when we consider the fact that it also states “Following the UK general election in May 2015, the UK government has committed to hold a referendum by the end of 2017 on whether the UK will remain in the EU“, which is interesting, because is that referendum not being held in 2016? Some sources stated “A deal in March could mean a September 2016 referendum“, but overall the date is a little in the wind, almost like the independence of Scotland one might state. Yet the people have had enough, Prime Minister David Cameron is very aware of it, and like François Hollande, he has his own Waterloo to deal with, in the case of Merry Old England it is UKIP. In that the Isle of Man courier had an interesting article yesterday. ‘Nigel Farage demands ‘I want my country back’ at Grassroots Out rally’ (at http://www.iomtoday.co.im/news/regional/nigel-farage-demands-i-want-my-country-back-at-grassroots-out-rally-1-7719267), which is what the British constituents want. It is what the Conservative party is trying to deliver, but the painting is not that clear. You see, the British people are ignoring a massive part in all this, yet they no longer care. Politicians on several paths are directly responsible of ignoring an angry mob.

You see, Greece is the cause of much of this, but so is the EEC and the IMF. The quote “Can we kick out the people who make the decisions for us? Can we have that fundamental privilege to govern ourselves?” is linked, it is also linked to Greece. In all this too much money is going to Greece, in addition (at http://www.businessinsider.com/tempers-flaring-up-again-in-greece-2016-2) we see that more and more protests are going on all over Greece, making their GDP shrink even more, their appeal as a nation shrink more and more. Yet the Business insider is making an interesting claim. “Prime Minister Alexis Tsipras is stuck between either pushing the reforms through to appease international creditors, or attracting the wrath of thousands of Greeks“, which is odd as they are one and the same. You see, either the creditors get pleased, if not the Greeks are pleased, so either no money and no functioning government, or raging Greeks and money in the bank. Yet, weirdly enough, the second option will forever remain a temporary solution that leads to a dead end.

You see, the parts that are central in this is legislation. In 2015 the EU has passed laws on Data Protection, GMO food laws, a Net neutrality law that reads like an episode of the Comedy Capers, yet the issue of expelling irresponsible governments, an issue visible for 5 years has not been touched. So far, the press and political parties at large refuses to acknowledge ‘Withdrawal and expulsion from the EU and EMU‘ by Phoebus Athanassiou. The fact that the ECB put its logo on that one gives it credibility (at https://lawlordtobe.com/wp-content/uploads/2015/07/ecblwp10.pdf). So that part is still not dealt with and it is making the blood of Brits boil. Not because the Greeks are in a bad place, they are angry for the mere reason that money keeps on getting pumped into all that and the people behind it walked away with plenty coin, they are not held accountable in any way and the Europeans at large are no longer willing to pay for it as they see their quality of life go into the sewers. Personally I feel that my conservative party has not done its share to acknowledge that at all!

This is what is fuelling the progress for both Nigel Farage and Marine Le Pen. So when we see the title ‘Warning from Europe: you can’t always get what you want‘ (at http://www.theguardian.com/politics/2015/jun/07/europeans-warn-david-cameron-eu-exit-would-cost-britain-world-status), we see in equal measure that those people making the statement are equally unable (read: too weak) to hold Greece to account, again a greed driven status quo that is going nowhere fast, which implies that the speakers have other interests. You see, the article reads nice, but again, there are sides we have to deal with. You see one side is that in the UK no one knows who Rafal Trzaskowski is, for the most, nobody cares who he is! Now, for the Poles, they care, Rafal Trzaskowski has grown Poland’s GDP by 25% and that sounds like an achievement (it actually is), but for others, Poland was never much more than a simple blip on the radar. Now, Poland counts, but do they? You see, when we see the quote “If Britain says ‘I don’t like the working time directive, I need an opt-out; I don’t like provisions on tobacco because they hamper my sovereignty, I want an opt-out’, it is not going to happen“, which is less of an issue. The issue has been Greece and a few other players and no one is holding Greece to account that is for many people the issue that matters. In all this the UK and Germany have options that could work if the belt is tightened by a lot and without what can be construed as: ‘the political population within the EEC shores spending money they do not have‘, that is where the wagon goes off the rails! So, yes, we can acknowledge that Rafal Trzaskowski matters for his nation and for the mission of his nation, no one will deny that. Yet in all this, it is about the British side and the people are largely fed up with the flaccid actions of the EEC, those who are in charge have painted themselves in a corner and large chunks of nations in the UK, France and Italy do not care for the colour they used. As per today, Paul Goodman reported on Conservative Home (at http://www.conservativehome.com/thetorydiary/2016/02/party-members-give-camerons-renegotiation-an-unequivocal-thumbs-down-in-our-survey-over-two-thirds-likely-to-back-brexit.html) that the conservative party members have shifted in a massive way. Over 65% are now likely to back Brexit. Add the Farage group to that and Brexit now seems a certainty. I wrote about this risk on May 22^nd 2015, so almost a year ago. The press was so in ‘denial mode’ happily publishing threatening articles that involved Paul Kahn, the Airbus UK chief as well as several banks, with the HSBC amongst them (at https://lawlordtobe.com/2015/05/22/is-it-all-greek-to-you-2/), what does differ is that I had not anticipated the Conservative wave to be as strong as it is now. I feel that the realisation I learned later that Grexit could never be enforced is part of all this, and if self-inflicted expulsion is the only option, it seems that a massive part of the UK (and a growing slice of France and Italy) are now on the ‘let’s get out before it is too late‘ horse.

We know and no one denies that the UK has debt issues, but they are working through them and whilst more and more money has to go to the places that cannot hold their budget, that part needs to stop and in the last 3-5 years no clear legislation has been erected to stop that, whilst we see that a new week with more funds for Greece are needed. The UK is not the only one that thinks that the Greeks should be held to account and yanking them out of the Euro no less than 2 years ago would have been an optional solution, now that this proverbial ship has sailed, the people are looking for another solution, whilst the EEC and the IMF are pushing for a business as usual approach. Too many people in both the UK and France are no longer seeing that as any form of solution. A mere legality that could have stopped this upcoming train wreck is now out of control and the people want actual change, change that keeps them with options. Given that the refugee situation does not help, but in that case there is no blame, not for Greece and not for the refugees, but they are draining resources all over Europe, resources that were already at a low. Again no blame there, because these things happen, yet the EEC need not have happened, especially the Greek scenario, so the people, scared and in a bad place for a longer time is now pushing for any solution. A game that is so far playing nicely to both Farage and Le Pen.

So, this is not ‘news’, even if the news states it is. I have mentioned these elements a few times, long before the press caught on, what is now interesting is that the two initial parties are fuelling part of Europe, something that was until recently not a reality. Politico (at http://www.politico.eu/article/far-right-chance-europe-stumbles-crisis-euroskeptics-le-pen-enf-wilders/) gives us “In Austria, Heinz-Christian Strache’s FPÖ won 31 percent of the vote in a city election last October in Vienna, putting it in second place in a historic stronghold of the Social Democrats“, there is no doubt that the FPÖ would gain traction, but this amount is really unexpected, which is now giving additional fuel to the power of Matteo Salvini. All this because greed driven organisations wanted their status quo, they are very likely to see the hefty invoice of that mistake.

So, should the UK lead in all this starting Brexit? To be honest, I am uncertain how this is to be avoided. Those in power (especially in France) are on their way out, that part is a given, the only question becomes, who will replace François Hollande, that part is not a given, yet whomever it becomes, if Brexit did push through, France will not have any options other than uniting with Germany and Italy, hoping they survive, that is, unless Germany sees the danger of Frexit to become too realistic, they might want to get out before it hits them. In addition, because the Italian elections are not until 2018, Italy will be in the hottest of seats, which gives Salvini the least options should Matteo Renzi and/or Beppe Grillo call for the Italian exit. The last part is only a reality if both Brexit and Frexit happen, in the latter case either Frexit or the departure of Germany from the Euro could spark it, but Brexit alone will not do that.

Again it all starts with the UK, England will lead, but in what direction?

This gets us back to the conservative survey, which gives us “This suggests that, in numerical terms, the Prime Minister’s renegotiation has made no difference whatsoever to the views of Party members and that, in political terms, it has received an unequivocal thumbs-down“, this is perhaps a first that the UK is overwhelmingly controlled (read: voters) by the ‘we do not care bears‘. The people have seen so much quality of life slip away that a united Europe is a curse and not a blessing and in my personal opinion, it was all due to Greece and the need for the status quo to those profiting from it all.

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