Tag Archives: reuters

The finality of French freedom

Even as the world is looking at the Dutch elections, we see initially that the biggest fear in the Netherlands is gone. Geert Wilders is still number 2, yet the VVD (People’s Party for Freedom and Democracy) did not lose as many seats as initially expected. This is good for the current Prime Minister, yet not as good for Geert Wilders as other parties had vowed not to work with him, no matter how many seats they got. Well, the initial numbers are out and now we see that the Netherlands will have some tough times. To get the next Cabinet to work they will need 4 parties, which becomes a small issue. The easiest alliance would be involving the CU (Christian Union), yet any medical ethical issue would cause concern on a few levels (the usual suspects like the pill, abortion, prolife issues). The second option is with the Green Left party (GroenLinks), which is predominantly youth driven, here the VVD will have some issues and there seems to be a level of unwillingness to work together. Now, the first option gives only one seat in majority, the second option gives a little more space to breath, but neither is a great match, both are decent matches. The Dutch labour party has been decimated. It went from 38 seats to 9 seats (Source: Volkskrant). They will need a serious amount of time to lick their wounds. No matter how this all fares. If Geert Wilders can keep his cool, he would keep a few options down the track. Here it is anyone’s guess what will happen next. I predicted that there would be no going around the PVV, yet I was proven wrong. Green Left grew a lot stronger and the VVD kept a few more seats than most predicted, so there is that too. Yet, with this situation, Nexit has basically become a non-issue, it is off the board for the Netherlands, so as that certainty becomes a reality we see that Mario Draghi wasted not even a second to give the French people his demands and ultimatum. In  the Express (at http://www.express.co.uk/finance/city/777170/Euro-irrevocable-ECB-draghi-Le-Pen-Frexit-vote-warning), we see the headline “‘The Euro is IRREVOCABLE’ Euro Bank chief fires warning at Le Pen over Frexit vote promise“, so if we would be a lot less diplomatic than we ought to be, we would state ‘Mr Looney Tunes has decided to be a slamming tactical in his claims‘. The two published facts given are “The ECB chief insisted the Front National leader was not a threat to the euro’s future, which he said was a measure of solidarity among members. His comments come after Ms Le Pen’s promise to call a vote over France’s membership of the monetary union if she wins the election in May“, You see, with smaller members pushing pressure Draghi had no chance at all, now, he has a few more options by trying to persuade the system players with “a measure of solidarity among members“, which I can counter with ‘perhaps spending the trillion you did not have was perhaps not the best idea?’ In that we can agree, we can disagree, but we all know that no matter the direction, it was a pretty dangerous step to take. It is the next two parts that are the cause of issues: “Market worries over the presidential race have increased as polls charted the rising popularity of the right-wing candidate, with France’s borrowing costs jumping, while the euro suffers sell-offs. In an apparent shot at the right-wing candidate, Mr Draghi today dismissed fears of the breakdown of the currency as ‘unrealistic’“.

Is that so? If that actually was the case, he would not have needed to reinforce it, didn’t he?

So the two parts are ‘with France’s borrowing costs jumping, while the euro suffers sell-offs‘ and ‘the breakdown of the currency as “unrealistic”‘, no, it is only unrealistic as only Brexit is coming and until now, we have seen levels of misrepresentation and downright corporate ‘blackmail’ to anyone not singing the false tune Mario Draghi is giving us. Last week there was some economic recovery, but the sharp sell-off that had been visible is still a factor, that whilst the Dutch Nexit was never a true reality, we all knew that. France is another matter, the French has not seen decent economic days, for at least two administrations, which is why France is a big deal, that whilst they represent one of four anchors keeping the Euro in place. With the British anchor removed, the stress on the three is intense, the Euro cannot continue with the remaining two anchors that is the desperate game Draghi is facing now. Weakness and non-decisions from 2012 onwards have caused this mess, and of course he is not done yet. As we see in Reuters, last Monday he stated “If non-high-tech companies adopt more innovative technology, that would provide a boost for European productivity“, speaking as the European Central Bank President last Monday, it that so? With what funds? Innovations requires money, such steps have a cost. To get into deeper debt without the true prospect of revenue and incomes is too dangerous a game to play for too many companies. Many who think in such short-sighted ways will not survive the next fiscal year. In all this, it all hangs on how the elections are going in France. Mario Draghi might be voicing ‘a measure of solidarity among members‘ but the people behind the French member have been in a bad place for too long. In this there is even more pressure growing from Italy. Bloomberg gives us ‘production declines after rising for three straight months‘ as well as ‘Unemployment unexpectedly rose to 11.9% in fourth quarter‘, more important, the production loss is the biggest one in 5 years and pretty much nullifies the last two months of growth. That whilst we see a growth in unemployment. It is in this light that France should consider its options. That is, in equal light should reflect on whom they need to support in an election that will have a massive impact on the course that France will take into the future seas of turmoil. Steering towards the new elected President. What is equally disturbing is that the French political lines are changing, to a much larger degree than ever before, for reasons that are actually slightly unsettling.

The question becomes why?

You see, French Senator Jean-Baptiste Lemoyne is now endorsing Emmanuel Macron, we knew that François Fillon is pretty much on his way out and François Hollande never had a chance; so is this an act to enforce any party that is not Front National? Consider that question, it is now no longer for some to support the net best candidate and the best winner. No, there are now signs that certain power players will unite in backing whomever is most likely to stop Marine Le Pen. Certain plays have become this dangerous, not for what she is, who she is and what she stands for. No, certain members seem to fear and not embrace economic change. The Status Quo is everything. In equal measure, Macron has won the endorsements of those abandoning Benoit Hamon. Some press have even resorted to headlines like: ‘Hamon plans radical departure from EU ‘blabla’, some parties are now extremely worried, especially as the Status Quo groups could lose their Billion Euro gravy train. This is almost a unique situation where we witness the change of approach towards the need of individual economic momentum, which now trumps the electing the need for the good of France (I am not stating or implying which politician represents that).

My evidence?

There are several pieces in the more respectable news carriers. In this case a first is the Financial Times (at https://www.ft.com/content/cbf9a59c-04a1-11e7-aa5b-6bb07f5c8e12), who gives us: “Fifteen years on, however, the anti-far right “republican front” to stop the FN appears to be crumbling“, which is only an indication. The chart that they present in that article gives a very nice indication of the splitting of votes. The strong push from Fillon and Hamon towards Macron is almost unheard of. The abstention group is however still large enough to make an impact, yet the shift from 24.5% to 60.5% is also a little more than amazing. Such landslide victories are so rare, that seeing it twice in a row is no longer a mere coincidence. In this Mario Draghi could actually end up being the contributor to the success of Marine Le Pen. As he proclaims the quotes I used earlier, the large group that currently represents the younger voter that currently seems to be set in Emmanuel Macron camp at present, could realise between now and voting day that the words of Mario Draghi are hollow at best and that his ‘proclamation’ will be replaced hours after the election by apologies and words of hardship whilst claims of better economic times cannot be fortified or made into any level of reality on any way shape or form.

In that light, is it not weird that an investment banker who has never been elected to political office, is at present not a projected frontrunner, is forecasted to carry an optional 60% for round two? That isn’t just unheard of, it is a statistical anomaly and in the political field, such landslide levels are a no-no to say the least, especially twice in a row. Someone is buttering the electoral sandwiches in new unheard ways. Now, France or not, we can agree that extreme vote options like Marine Le Pen tends to sway a decent amount of people to go towards ‘anyone but this one‘, yet the numbers at which this is happening at is just too weird. In this we see that both Bloomberg and Citigroup are playing their own little game, especially as the collapse of the Euro would be devastating to those involved. At https://www.bloomberg.com/news/articles/2017-03-15/le-pen-win-would-wipe-out-25-from-french-bank-shares-citi-says, we see ‘Le Pen Win Would Wipe Out 25% From French Bank Shares, Citi Says‘, which is really intense and I wonder what evidence they can present, especially after these players got it so massively wrong after the Brexit vote. So the first quote “A victory for Marine Le Pen in France’s presidential elections would cripple the country’s banking stocks, says Citigroup Inc” is one that cannot be countered easily, yet when we see the graphics on that page, we also get: “The analysts predict declines of 30 percent and 34 percent for Credit Agricole SA and Natixis SA, respectively“, there it is, everyone’s favourite French government banker (Natixis) would lose 34% value, which would send anyone reeling, but in this case as the information as I presented them in my blog articles over the last two years, this drop would be impacting long term plans and Natixis does have a decent amount of fingers in all sorts of government pies. And the quote “Even though Le Pen’s policy plans threaten to shake up the country’s banking system, financial institutions including Credit Agricole, Societe Generale and Axa SA have avoided contact with her team“, which is also really weird, would you not try to talk to a candidate and even if they are all in the mindset that her approach is wrong, the veritable truth is actually in a direction on a path that is 180 degrees from shown. A dialogue trying to understand her path and showing the evidence to other directions and perhaps even alternative ways for both to get what they want.

Yet as we have seen, certain players are in the Segregation, Isolation and Assassination mode. Which is me stating that some shady solutions which are usually limited to HVT’s are now optionally tactics in which the larger corporations will engage to keep their status quo, this is nothing new, but it has never been this outspokenly clear before, there is that much at stake for them. Even if it is merely political assassination, Fillon is already crying those words and the setting towards the investment banker Emmanuel Macron is now clearly visible. I reckon that in this regard, the switch by French Senator Jean-Baptiste Lemoyne came slightly too soon, too soon as an increasing amount of voters are now wondering why the change, because such a shift would not have been needed until after the first round. As I personally see it, French Senator Jean-Baptiste Lemoyne used himself to create a momentum towards Emmanuel Macron, an act that will only create more momentum over time. This I see as the second piece of evidence that this time, the elections are about something a little more unsettling. I wonder if the French people see it in the same light.

In the Bloomberg article we see the included wrong vision too. As you see “losing the May 7 runoff against more business-friendly leaders such as Francois Fillon and Emmanuel Macron” gives us the ‘implied‘ fairness of two candidates, yet at present, two days after this, we see that Fillon got gutted, not surviving on his present 19.5% setting (3rd place), he gets to be the chance for Macron to solidify the pole position.

Citi is currently doing to France what several UK players did to anyone supporting Brexit, the question becomes: ‘Will the French voter realise this in time?

More important for Marine Le Pen will be whether this would realign those who are now predicted to go the Macron way. Time will tell and when we start seeing accusations in 2018, 2019 on how big business is influencing French votes, you better realise now that the warning signs have been all over the place and the non-intervention seems to be relying on the press and a select group of financial power players. By the way, it does not stop there, it goes on in several direction. Now, I do not feel inclined to prove them all wrong, it would make this merely a ‘he said-she said’ debate, what you should consider is the final part that Bloomberg gives us, “the analysts predict” is in the middle. You see, predictions require models, they require data and a few more little titbits that make up for the forecasting models. This model has to deal with two elements it cannot correct for as it has never happened before. First is the fact that President Hollande is currently the least favourite French president in modern history, and soon to be the only one term President in French modern history, so one of the data outliers is based on a premise that had never happened before, the second part is the ‘forecast’ that an politician, never elected in public office before becomes the person growing to over 60% in one round, as I see it, another prediction that is not a given. Are you getting the image? Whatever forecast we are introduced to will be a lot less accurate as several elements in play have never seen the light of day ever before. As such, there are serious questions in play on any prediction given in this election, no matter in which direction it goes.

I personally believe that Marine Le Pen is not the given loser (with 60% opposition), there are a few elements in play, but in equal measure I do not believe that Emmanuel Macron will be the given winner to the degree forecasted either. In the end, we will leave it to the French People to decide who will go to the Élysée Palace, not the banks, not the lenders and not any collection of ‘storage and media clowns’. All these proclaimers are for the most, all on the gravy train of globalisation (the Macron side), a term that has been filling the French with disgust for the longest time and the last 10 years have not been kind on any positive feeling of globalisation. Still, in the end the French will need to remain a little pragmatic, which does not mean surrendering to Globalisation, yet in equal measure there is uncertainty on how France will deal with Frexit, unlike the UK, they are directly tied to Belgium, Germany, Switzerland, Italy and Spain, so there are a few more practical considerations for France. I believe it can be done, but it is up to the French to select the referendum to leave the EEC and the Euro. We can forecast all we like, but if there is one thing the Dutch election have taught us, is that these matters are not black and white and that the outcome is currently getting bounced on the waves of identity and economy, two elements that never worked well together.

 

Leave a comment

Filed under Finance, Law, Media, Politics

Retrenching under false pretence

Today we see (at https://www.theguardian.com/business/2017/mar/01/len-mccluskey-ford-unite-tariff-free-single-market-access-bridgend), how Ford is moving its needs and its projections towards other places. It fill the pattern and projected promise that have been set in motion a few years ago. The US is moving parts back to the US and some parts to Asia. Australia had been feeling this for some time. Ford left Australia in 2016 when in October the last Falcon XR6 came of the belt. Now we see the beginning of their exodus from the UK and in this the title ‘Unite blames Brexit as Ford prepares to cut 1,160 Welsh jobs‘ is as they call it, a total load of bullocks! You see, this is the other side of a one market and tariff free access. You see, as these costs fall away, making these 4 wheeled thingamajigs in America becomes profitable again. Now, let’s be fair, Ford is an American company. For American companies to move back to their home turf makes sense, it could even be seen as patriotic. But in all this, Ford remains a business. So they need profit to soar and that can be done by having their factories in America and Asia. Brexit was never a factor, Australia never had a Brexit.

Is there a chance that Brexit was any factor? I do not believe so, the UK is not yet in a completed Brexit and it would take a few years before all would be complete, so there is no Issue for Ford, in their camp it was already planned, the entire pressure on Brexit is just tactics, because the US is scared of what comes next, so for the US, in light of the upcoming French elections, the anti-Brexit pressures are essential. The game is changing in France. President Francois Hollande is not seeking a second term, according to the BBC the first French president to do this in modern times (at http://www.bbc.com/news/world-europe-39130072), he is that unpopular and as such France is seeing several different issues and power plays in place. With one in four under-25’s is unemployed. So even as all parties agree that massive changes are needed, the Socialist failure gives rise to additional voices moving towards Front National. In all this, we see additional moves. We could even consider that this is a partial discriminatory ruling. The EU claims to be all about the freedom of speech and freedom of opinion, yet they will happily lift parliamentary immunity for the French prosecution to take legal action. We can argue the validity here in two ways. One: Marine Le Pen did break French law. Two: how many other French people have been prosecuted for ‘publishing violent images’? I would really like to see the numbers on that one. So as we will see big data mining on transgressors, I wonder how many have not been investigated, which shows that the EU is very willing to upset the sanctity of a fair election, especially as those deciding on this are likely to lose their jobs when Frexit becomes a reality.

So as we see through the (what I personally regard to be) blatant lies by Ford, or better stated by Len McCluskey, and in this as Ford is not forthcoming they get to be tainted by the very same lie. The quote “UK’s biggest trade union has urged Theresa May to guarantee car makers tariff-free access to the single market“, in this I would state ‘Mr McCluskey, are you usually just facilitating for big business?‘, you see, as I see it, Ford is using Len McCluskey not for the plant, not for the single market access ‘need’. No, they want to sweeten the deal! They need other concessions, like the ones they had in Australia. ABC Australia (at http://www.abc.net.au/news/2015-12-17/tax-transparency-report/7036708) gave the people a Tax Transparency report. Where: FORD MOTOR COMPANY OF AUSTRALIA LTD, had a Total income ($) of 2,940,670,099 (so basically almost $3 Billion), a Taxable income ($) of a mere 7,057,051. This means that 99.9917% of the income did not need to be taxed. So as we see: Tax payable, Tax payable as percentage of total income, as well as Tax payable as percentage of taxable income. These numbers become zero (that means $0.00 and 0.00%). So is Len McCluskey going to open his eyes? Is he going to realise that he is made the bitch of big business that requires the UK government to give away taxable income in the form of free labour? Perhaps Len McCluskey remembers what slave labour is? All valid questions, more important, if this is the path Ford wants, why not let then fuck off to merry old America? Let’s be fair and honest. America is in dire need of actual jobs and an actual economy. They are bleeding currency value and as such, if American companies decide to retrench in the US to save their home country, than that should be regarded as a noble action. Yet, these companies are run by boards that have one need, dividend and bonuses. Let’s also be honest here, these people don’t make any massive coin, not compared to a few other fortune 500 companies. The top executives, have an income ranging from $5.2M to $17.7M, which in Wall Street terms might be laughingly little, yet the retrenching has the danger of those people losing 28%-42% of what they are getting now. You see, as the US has a collapsing infrastructure, the strain the US is getting by having these manufacturers move back to the US is going to cause a few infrastructural gaskets to blow. It will not happen overnight, but within 24 months they setbacks will hurt Ford, there is no doubt in my mind on that. The level of setback will be anyone’s guess, I do not have any wisdom that could state to any degree of certainty how much the impact is. Yet, when you consider that Ford is working on a 3.9% operating margin (2014 reported numbers) and they walked away from an Australian 99.9917% non-taxation, we should wonder on how they tend to do economically more terrific in the US. It seems to me that the US retrenching has either massive kickbacks, or will come at the consequence of short sightedness and long term hardship. The numbers do not makes sense to walk away from either, but the clarity is that fingering Brexit was not the reason. But then, Ford did not do that, they got

Len McCluskey to do just that. It is the part “McCluskey also demanded that Ford provide “legally binding guarantees” of future production at the plant”. It made me giggle. You see if they had not before, why would they do that now? It seems to me that McCluskey, not unlike Kim Carr in Australia, was either in on part of it for a time, or I need to consider them both to be massively incompetent. A legal binding guarantee after the fact. It is just too hilarious! Of course, when the issue collapses and Ford moves, then we get the real issue, because at that point the blame game starts. In Australia, Kim Carr got to play his game and got the reprieve, so when his labour team got replaced by the Australian Liberal Party (the Aussie Tories), he stood back and got to stand playing with his beard thinking ‘not my problem anymore!‘, yet Len McCluskey does not get to be this lucky, when Ford leaves it will be on his plate and the Unite members will have a massive amount of questions, I wonder how many actual answers Len McCluskey will have.

So all these revelations and facts brought to you because someone decided to blame Brexit and I have actually had enough of those blamers. The fact is that there would always be consequences to Brexit, so when I see another ‘bremainer’ demand a Brexit without consequences, I wonder just how stupid some people tend to get. Another side linked to this is seen in the Independent (at http://www.independent.co.uk/news/uk/politics/britain-will-not-contribute-to-eu-budget-if-no-brexit-deal-is-reached-says-lords-report-a7609526.html), here we see ‘Britain will not contribute £50bn to EU budget if no Brexit deal is reached, says Lords report‘, the subtitle is even more descriptive ‘The UK appears to have a strong legal position in respect of the EU budget post-Brexit and this provides important context to the Article 50 negotiations‘. The reason to go here is seen in “According to the Lords, EU budget payments – likely to be a contentious issue throughout the Article 50 negotiating period – would not be enforceable and the UK would be in a “strong” legal position to not pay a penny if talks ended with no deal“, so all the hard play we have seen has been absent of a proper analyses of the articles, something the House of Lords was not about to let go. The quote “Theresa May has warned her European allies that the UK is prepared to crash out of the EU if no reasonable Brexit deal is agreed on. In this case, the Lords add, Britain will not be liable to make any further financial contributions to the budget” also implies that there is a two stream issue within the conservatives. You see, when we see the quote of Theresa May against “David Davis, the Brexit Secretary, said earlier this year that the Government would not rule out making future payments to the EU’s budget in order to secure favourable access to Europe’s markets“. The two streams are ‘let’s be flexible about it all‘ and ‘we have had enough of this‘. The point being that large corporations have been souring the cream pushing European politicians to take emotional stands whilst others are trying to muzzle Mario Draghi and his need to spend a trillion no one has. This now pushes back to the Automotives of the land (including the exiting Ford), I think we need to see that the approach that has been used for too long a time, making some industries holy and non-taxed is not the way to go. Now, there are plenty of people who want certain markets to push forward and to have trade deals in place tends to be a good thing. Yet the part that the media seems to ignore again and again is that these deals benefit large corporations to a massive degree, but others tend to fall between the cracks losing out on all those fringe benefits. It is an injustice that has been seen several times and Brexit would allow for a change that gives a level of fairness to it all (allow does not mean it will happen though). So whilst we can agree that there would possibly be an impact, there are still too many waters stirring, so any level of Brexit blame is very premature. That evidence is given additional support when we consider Reuters news from 2015 (at http://www.reuters.com/article/us-autos-ford-asia-idUSKBN0O625Y20150521), it was already forecasted 2 years ago that “When I take a look at Ford’s growth over the next five to 10 years, we believe roughly 60 percent of the growth will be in the Asia Pacific region,” said Dave Schoch, president of Ford’s Asia Pacific region“, which was the first sign that the Ford plants in Australia were at risk. In equal measure, the slowing economy in China saw Ford sales drop, a similar event has been happening in Europe, where the drop is three times higher and here we get the issue. It had a rise for a while and the European numbers looked really good, that is, until you realise that Russia was the only strong contributor to the Ford sales. Yet the Russian slump has been in play and it is now also hurting Ford, whilst the news of ‘rapid recovery unlikely‘ to be at the head of the forecasting table. So when we see Ford media give us (at https://media.ford.com/content/fordmedia/feu/en/news/2017/01/18/ford_s-european-sales-rise-5–in-2016–strong-ford-transit–rang.pdf), “Ford sales rise 5 percent in 2016 to nearly 1.4 million vehicles in its 20 traditional European markets*“, with the reference to Austria, Belgium, Britain, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Netherlands, Norway, Poland, Portugal, Spain, Romania, Sweden and Switzerland.

Giving us now the one part that the papers were missing. The fact that the sales are not sliding, but the revenue is set to better profitability, in that the element becomes that the UK is only one of 20 nations for Ford and when we add the Ford Authority quote to it from February 20thIn all, the closures terminated nearly 6,000 jobs, although some number of those were merely shifted to lower-cost countries like Spain and Turkey“, as well as “Ford Europe has continued to pare down its workforce, offering “voluntary separation” packages to some 10,000 employees since early last year to help save an estimated $200 million annually” a valid tactical move by Ford going back to well before 2015. So as we see this facts, the entire Ford issue has been playing for a while and a lot of it has been out in the open. So at this point I would ask Len McCluskey where he got the idea “workers had been “kept in the dark”“. I would like to know what actions he had undertaken since December 2015 when this was already underway, more important, the move in Australia should have really woken him up. Did it do that? Because certain facts, clearly given by several sources, some of them openly Ford themselves. It is there where we now see a reason to doubt the existence of both Kim Carr and Len McCluskey (but that is just my view on the matter). Len had the option of making a clear speech to the workers in wales starting by ‘the party is over, there will be massive changes in the future, but we do not know the exact setting, but the worst case scenario is that the plant will seize to exist‘. Did he make that speech? I reckon not, most people like that tend to avoid bad news, especially when events like Brexit can be blamed and that is exactly what he did in the end.

As a final point I need to refer to the quote “We have had, as I said, dialogue with Ford. We will continue to have a regular dialogue with Ford about the ways in which government can help to make sure that this success continues“, which was exactly was happening in Australia, with the happy ending not becoming a reality. There, certain players decided to blame the newly elected liberal government, whilst we clearly see that there is plenty of evidence that Ford had already decided, and the decision was ‘vacate!’

I wonder what McCluskey does next, perhaps blame the Welsh weather?

 

Leave a comment

Filed under Finance, Media, Politics

The Dangerous Zuckerberg Classification

Even as Microsoft seems to be quiet and in denial of what is uploaded without consent, we have a second issue that is floating to the surface of our life. Now, first of all, this link is not what we should consider a news site. What came from Forward.com is also known as The Jewish Daily Forward, published by Samuel Norich and has Jane Eisner as the editor. Its origins goes back to 1897, so it has been around for a while. They are not some new wannabe-on-the-block. It is an American newspaper published in New York City for a Jewish-American audience, and there are plenty of those around, so this is a valid niche publication. Yet no more than a day ago, it did something dangerous, perhaps unintentional and perhaps it is a sign of the times, but it remains a dangerous path to take.

This path all started when Mark Zuckerberg had an idea. He created this place called Facebook, you might have heard of it. Within there we get to ‘like’ things. Now, we can do this to complement the poster, we can do this because the subject interests us, or when we use the machine correctly, Facebook would send us more stuff from topics that we like. This already shows three different approaches to ‘like’ and when Forward starts the article with: “Canadian Mosque Shooter Suspect ‘Liked’ Israel Defense Forces, Marine LePen“, it basically shot itself in the foot.

This is part of the problems we are all facing, because the world is changing and it has shifted the values that we have given words over time and shifted them into concepts of what it might be. We see the same shift in the Business Intelligence industry as tools like SPSS (read: IBM Statistics) are no longer used to get the significant statistics needed and the ‘sellers’ of the story that the client wants told rely on tools like Q Software to tell the story that matches the need. The problem is that this story reflects what is offered and from that there is more than one identifier (weight being one) that the reflection is less accurate and often warped to fit the need of the receiver of these data files. Meaning that the actual meaning unlikely to be there, making a correct assessment not possible and any action based upon it, without scrutiny will come at a hefty price for the decision makers down the track.

So when we see “Canadian Mosque Shooter Suspect ‘Liked’ Israel Defense Forces, Marine LePen” we need to be cautious at best, at worst we are being told a fair bit of rubbish! Now we also get “Authorities claim that Alexander Bissonnette, a student at the city’s Laval University, perpetrated the attack, calling in from a bridge near the mosque to report himself“, which could be very true, but it also averts the first signs we see of ‘Lone Wolf‘, because a real lone wolf will go into the night if he or she is lucky without a trace and plans his/her next attack. This one attack person seems to be seeking the limelight as I personally see it. For what reason is at present unknown. Perhaps it is about fame, perhaps the evidence will find evidence of mental health issues. Time and the proper people will need to assess this. We see this in the picture of a tweet by @Rita_Katz when she states ‘making Jihadi ties unlikely‘, which could be true, however I got there via another route. What is interesting is that when we look at the Toronto Star we see “Rosalie Bussieres, 23, lives across the street. She told the Star her older brother was in school with Bissonnette. He was “very solitary” and “very antisocial,” said Bussieres. Bissonnette studied at the Université Laval, according to a statement released by the university late Monday. He was a student in the department of political science and anthropology, according to Jean-Claude Dufour, Dean of the Faculty of Agriculture and Food Sciences

This is interesting as those in political science tend to be decently social minded, so there is a lot more under the water than we think there is and the fact that Forward only gave us the likes, means that there is a part that they either ignored or overlooked. You see, what else did his Facebook account have to say?

The Toronto Star gives us a lot more “He was on both the Sainte-Foy and Université Laval chess club“, with Forward we got more on Rita Katz. “Rita Katz is the Executive Director and founder of the SITE Intelligence Group” is one, and the next part is the one we should consider: “the world’s leading non-governmental counterterrorism organization“, as well as “Ms. Katz has tracked and analyzed global terrorism and jihadi networks for nearly two decades, and is well-recognized as one of the most knowledgeable and reliable experts in the field“. Which makes me wonder why it is the Toronto Star who gives us the part I did not initially showed “with his twin brother, said Université Laval professor Jean Sévigny, who said he knew Bissonnette and his brother through the club“. So how come The Forward didn’t have the goods on that?

Yet they did give us “François Deschamps, member of Quebec’s Refugee Welcome Committee, told the La Presse newspaper that he recognized Bissonette because the man had often left hateful comments on the group’s page. “I flipped when I saw him,” he said. “We observe much of what the extreme right says and does. He’s made statements of that sort on our Facebook page. He also attacked women’s rights,” Deschamps recalled“. The full story is at http://forward.com/news/361614/canadian-mosque-shooter-suspect-liked-israel-defense-forces-marine-lepen/

So as we are invited to judge on likes, I see a hole of intelligence. How many friends? How many clubs? Was he linked to Chess groups? Was he linked to his Twin Brother, and was his twin brother on Facebook? There is no one mentioning whether the twin brother was reached and what he had to say (if he had been willing to talk), which he might not be willing to do and that is perfectly understandable. It is just such a weird experience to see a total lack of effort in that regard (especially by the press).

Forward is telling its readers a story, yet the Toronto Star (at https://www.thestar.com/news/canada/2017/01/30/six-dead-two-arrested-after-shooting-at-quebec-city-mosque.html) seems to offer a lot more. In that view ABC news in Australia blunders (as I personally see it) even more when we see (at http://www.abc.net.au/news/2017-01-31/quebec-city-mosque-shooting-lone-wolf-attack-student-charged/8225294), ‘Police charge ‘lone wolf’ student suspected of terrorist attack‘, so what evidence is there? What is the definition of a Lone Wolf? Perhaps we need to agree on the shifting sands and make sure it is sand and not quicksand. They both might contain the same 4 letters, but the experience will be mind-bogglingly different.

So as we now see that the US is using this attack to justify its actions, we need to take heed on the dangers we invite. The first is like the attack in Sydney, Australia at Martin Place, on December 15-16 2014. We again see a link to extremism that is incorrect and misleading. Yes, the act was extreme, but we have seen for decades on how mental health patients are very able to act in extreme ways. You only need to see the footage from Paris attacks to see how actions in places like Nairobi and Paris to clearly see that they are different from events in places like Martin Place and perhaps the Quebec Mosque.

We can argue on how correct the FBI setting is, yet it is an important one! “Terrorism is the unlawful use of force and violence against persons or property to intimidate or coerce a government, the civilian population, or any segment thereof, in furtherance of political or social objectives“. So what were the social and political objectives of Alexander Bissonnette?

There is a lot we don’t know and won’t know. Yet at present Forward is presenting the dangers that social media rely on, they rely on quick and classifiable actions and label them in the most general way possible. The dangers that we see in the Zuckerberg classification is that it relies on the quick acceptance of the ‘audience’ yet in the same way the danger is that the ‘like’ itself becomes a problem. You see, too many elements are about specifics and as we see less and less, we see that people in general will start to rely on an aggregation of ‘reportable elements’, not even on an aggregation of facts.

Heavy.com, another place that is not really a news site gives us a whole range of additional ‘facts’. They refer to Reuters, who reported (at http://www.reuters.com/article/us-canada-mosque-shooting-idUSKBN15E04S), where we get “Initially, the mosque president said five people were killed and a witness said up to three gunmen had fired on about 40 people inside the Quebec City Islamic Cultural Centre. Police said only two people were involved in the attack“, in that part the Lone Wolf no longer applies and it is either ‘lone Wolves’ or something else. Forward however gave us “Police investigating the shooting at a Quebec mosque that killed six have narrowed down their list of suspects to one man” Yet 5 hours after the initial message Reuters (at http://www.reuters.com/article/us-canada-mosque-shooting-toll-idUSKBN15E0F6) gives us “Police declined to discuss possible motives for the shooting at the Centre Culturel Islamique de Québec. They consider this a lone wolf situation,” a Canadian source familiar with the situation said“, which is a statement that should be under some scrutiny to say the least.

All this links to an event one year ago, which was covered in the Tech Times, where we see ‘Sheryl Sandberg Sees Facebook Likes As Powerful Weapon Against ISIS, Other Extremists‘ with the quote “Rather than scream and protest, they got 100,000 people to Like the page, who did not Like the page and put messages of tolerance on the page, so when you got to the page, it changed the content and what was a page filled with hatred and intolerance was then tolerance and messages of hope“. This is now a linked issue. You see the part ‘they got 100,000 people to Like the page, who did not Like the page‘, this implies that data was intervened with, so if that is happening, how reliable was the ‘like’ part in Forward.com?

The fact that papers all over the place are trying to ‘cash’ in on this by adding a page with ‘the latest facts‘ or ‘what we know at present‘, like The Globe and Mail, whilst showing an avalanche of news on the matter. Actually, the page The Globe and Mail brought was pretty good. It is Heavy.com who does something similar, yet at that point they move into the ‘5 things you need to know‘ mode and give us a stream of links. Links to classmates and how they thought. Yet, are these facts correct and complete? Heavy links to the Globe and Mail, and in addition gives us the part we needed to hear: “He also likes U.S. Senator John McCain, a moderate Republican who has opposed Trump on some issues, President George W. Bush, the Canadian New Democratic Party and late Canadian politician Jack Layton, who was a leader of the left-wing NDP, so the likes do not shed much light on Bissonnette’s beliefs“, Forward.com, and as such linked SITE Intelligence Group had nothing on any of that in the article. So anyone relying on Forward is now missing out of essential facts. In equal measure, the fact that many of these items are not voiced by other papers make the statements of Heavy.com equally an issue until confirmed.

And finally there is the impact of how the like was obtained. Plenty of sources started with a few ‘like to win’ campaigns. How many people have clicked on a like and forgot about doing so? Yet in this light, the ‘like’ is implied to have a much larger impact, much larger than the user considers or even comprehends. The places using those likes for telling a story have left that concept behind, giving us unclean and incorrect data, which now implies that any conclusion based on it is pretty much useless.

Be aware, I am not stating, or accusing these posters of fake news, yet there is the option that some will see it as such. As I stated at the beginning regarding Forward.com, their origin goes back to 1897, which means that they have been around for some time. So why were so many facts missed and why did Forward link this suspect to both the Israel Defense Forces and Marine LePen, especially in light of what others reported?

What is not related to the Facebook side is the news that the initial news of two shooters (up to three) is now reduced to just the one. When a witness states up to three, there is a clarity to assume (to some degree) that there was more than one shooter (which is a speculation from my side). So what happened to the second one? Just be aware that there might just have been one shooter, yet the documentation we are seeing implies more than one.

So how is this a Zuckerberg thing?

Well, apart from him inventing Facebook and bringing about the evolution of Social media, his ‘like’ is almost like his ‘poke’, they are Social media tools, yet the value the users tend to give it is different, it is even debatable whether the users at large could ever agree on the usage of it, making it a transient value. A shifted number whilst the contemplators cannot agree how the value is to be used, so the usage of ‘like’ in the way it was used in by the press becomes a debate as well. Because what we like implies where we are. That is not a given, even better it is incomplete. You see, you can state your like, but as you cannot state a dislike, we end up having no real comparison. It is the old debate of Yes and No dichotomies, if you did not say ‘yes’, there is no validity that you stated ‘no’, because it might have been overlooked, or it was the fourth option in a list of three. There is a decent abundance of reasons to take that point of view.

fox_poll

Let me show this in another way. The Fox poll of the Refugee Ban (see image). We see the full story at http://insider.foxnews.com/2017/01/29/poll-nearly-half-america-voters-support-trumps-immigration-order, but what we do not see are the specifics on what would have given this value. You see, we do not know the number of responses, where it was done and when it was done. It is at https://poll.qu.edu/ that we learn parts of the facts, “From January 5 – 9, Quinnipiac University surveyed 899 voters nationwide with a margin of error of +/- 3.3 percentage points“, can anyone explain to me how Fox was so stupid to use a base of 899 to set a national value? Doesn’t the United States have around 320 million people? And as we realise that there 50 states, how can 18 people be significant on a view in state, and this is before we consider whether the use of gender was normalised, because men and women tend to feel different on emotional issues and is there is one element in abundance on issues concerning refugees it will be emotion.

 

So in all this, we see recurring waves of generalisation and trivialisation. Mark Zuckerberg is not to blame, but he is a factor. In addition there is an overwhelming lack in educating its customer base (by both Fox and Facebook), so we need to consider the dangers and well as the irrelevance of these ‘revelations‘. It is in this scope and in the application as seen used where classification becomes dangerous and a danger, because how will the people around a person react when they see that this person likes something people find offensive (and that is when we keep it to simple things like actors, actresses and politicians)? This will impact on the like as there will be peer pressure, so how can this Zuckerberg element be undermined? That is the actual question!

Is it as simple as condemning the press for using the fact? Is it as simple as giving out complete information? The Zuckerberg Classifications are here to stay, there is nothing against it and the fact that they are is in no way negative, but the usage of it leaves a lot to be desired and as such it is a misleading one, other than ‘this person clicked on the like button of this page, for reasons unknown’, giving it any more value is as meaningless as setting the national acceptance of a refugee ban based on 899 unquantifiable votes which represents at best 0.00028% of the United States population. If any vote was incorrectly vetted, the number will go down fast making the poll even more useless.

 

Leave a comment

Filed under Media, Politics, Science

On the bridge of slavery

We have seen several steps coming, it has been in the air for a long time, yet, this is the first time where we see a clear step where we are clearly shown that the people no longer have a voice, we are no more than a collection of items in a long reign of collateral damage to MP’s and greed driven entities. The guardian gives us “MPs to push for further measures to increase parliamentary scrutiny of the Brexit process” (at https://www.theguardian.com/politics/2017/jan/25/theresa-may-agrees-to-publish-brexit-white-paper). This is the show of a group of toddlers who do not want their gravy train to end and they will give any excuse with assistance from the media to prolong their train and maximise their earnings. We see this in “which MPs now want to see before they are asked to pass legislation to trigger article 50“, there was a referendum and the people wanted to get out. Now we see MP’s scurrying to delay and to even stop that what the people wanted.

And the evidence is actually getting stronger on an international level. My issues is that the only one taking this to visibility is Richard Desmond’s the Daily Express and if I have no trust in the publishing ramblings of Rupert Murdoch, I am very much in favour of giving none to Richard Desmond either. Yet, seeking through the article for any name that gives any solid ground for other sources and I got it in Reuters. You see, we now have an almost Mexican standoff, meaning that we can ask President Trump to get into action. The issue is that Mario Draghi gives the quote “Any country leaving euro zone must settle bill first: ECB’s Draghi“, which makes me wonder whether this court jester of idiocy is making the statement as he has been racking up trillions of Euro’s in debt by instigating through flooding the market with funds, that in actuality has had no impact on the economy whatsoever. There is no one to clip the wings of this irresponsible person, those people are all too happy to get the juicy support that their future needs. That is how I see it and lets support that with the following parts that Reuters had in the form of a piece by Francesco Canepa (at http://www.reuters.com/article/us-ecb-eurozone-idUSKBN1542KL).

When we look at the debts, we see the quote “As these payments are not generally settled, weaker economies including Italy, Spain and Greece have accumulated huge liabilities towards Target 2 while Germany stands out as the biggest creditor with net claims of 754.1 billion euros“, so as Mario Draghi keeps on going like a spending jester with a credit card that isn’t his in the first place, we would see that these nations do have debts yet local parliaments never agreed on the spending spree to this extent. So when we get the quote “In a rare admission about the strength of feeling building up against Brussels the Italian pen-pusher Mario Draghi, president of the European Central Bank (ECB), said countries leaving the euro will face huge financial consequences“, we also need to take into mind who got the debt there. So when we see the threat from Mario Draghi, we should consider my article of June 30th 2014. A little over 2.5 years ago. (at https://lawlordtobe.com/2014/06/30/exit-strategies-anyone/), here I wrote “So, the dangers of additional debts from Europe would cripple the UK as well. This is as I see it part of the reason why the UKIP got such a huge success“, now we see that not only was it true, we now see Jester Draghi use it to keep France and Italy under his yoke, he is hereby hoping that the soft UK MP’s will give in, keeping the European Barge named ‘Irresponsible Spending‘ afloat. So, not only was I right, there is an additional issue that I initially proclaimed that the American Economy would drown the European one. I still believe that this is true, yet there is in equal measure now the chance that the ECB could with their irresponsible acts collapse the American one. Because when we see that three nations are shouting stronger and stronger that they want out is also a clear signal that the ECB has been, as I feared for a long time, stacking up debts to make the exit no longer possible. So in that, there is now an added need that Mario Draghi is to be halted spending ANY money at all. If he is forcing a ‘stay in until all debts are paid‘ he is also stating that he should not be allowed to spend any money that has not gone in, basically the ECB would have to go into a trillion plus euro debt and see it as an investment, which with the view of the three largest players wanting out, that step is a bad investment. So will Mario Draghi pull out, or will he hope on non-acting MP’s in several nations who are too fearful of change? Safe money is on the second one, but that in equal measure indicates that those hit by such extremes will seek more and more extreme political sides and soon thereafter, UKIP would be seen as the liberal view which holds the balanced centre of politics. How scary is that?

And we aren’t even close to the centre of blackmail. The view two weeks ago was “Intermediate Capital Group (ICG) will suspend further investment in France if National Front leader Marine Le Pen becomes president in this year’s elections“, which is fun as the scores of Financial advisors in London are looking for new eager shores that they can exploit. Even when we see the news, we see more and more ‘relabeling’ of what is, into what speculators want it to look like. When we see the title ‘Eurozone: Towards a stabilization of growth – Natixis‘, we see something positive, yet the quote “Jesus Castillo, Research Analyst at Natixis, notes that the Eurozone composite PMI remained almost stable on January 2017 at 54.3 and from the manufacturing sector side, it seems that once again Germany has driven the Eurozone expansion“, which seems nice, but from my point of view with the quotes “it means -0.1 point compared to December. The manufacturing PMI rose to 55.1 from 54.9 whereas the services sector survey has registered a small decrease by -0.1 point to 53.1” as well as “From the manufacturing sector side, it seems that once again Germany has driven the Eurozone expansion. The manufacturing index increased by 0.9 point from 55.6 to 56.5 whereas it declined in France (from 53.5 to 53.4) in January“, which means that in the Eurozone, only one nation is getting anywhere and the other 18 aren’t pulling their weight and not getting things done. Harsh, but true. It is in this collection of false relabeling scores, where we see ICG blackmail France, scores of banks blackmail the UK (question: should I use the word ‘blackmail’ or is ‘Psychic Assault’ a better word?), because that is basically what it is and the fact that these players are not named and shamed is an issue for me.

In this 10 days ago, we had the fact that the ECB is also making its choice of ignoring other voices “The European Central Bank will hold to its course at its first meeting of 2017 Thursday, analysts said, resisting clamour to tighten monetary policy from critics pointing to increasing inflation. Since December’s meeting of the ECB’s Governing Council, when it extended mass bond-buying from March to December 2017, price increases in the 19-nation single currency area have picked up. The increase to 1.1 percent from 0.6 average inflation across the Eurozone in December still leaves the indicator well short of the ECB’s target of just below 2.0“, meaning that the ECB is playing an increasing dangerous game whilst loading this debt onto a group of nations with already maximised credit cards. The fact that only Germany got any decent result is also an indication that the ECB is setting a premise that increases the overall European debt by 2 billion a day and nothing to show for it. We can accept and we need to take into consideration that some of these events are long term actions, yet in equal measure it didn’t work the first time, so the second time making it lasts longer is equally a bad idea, which is why he earned the Jester hat.

This reflects back to the EC, because as we see more and more push against Brexit, which some parties are hoping that it will in equal measure diminish the dangers of Frexit. Even as the BBC (at http://www.bbc.com/news/uk-politics-38753808) gives us that ‘Brexit: Article 50 legislation to be published‘, we see in equal measure “But it is expected to face amendments from MPs and peers, while others have said they will oppose it outright“, giving the people a new fear, the fear that the freedom they had on the referendum was fake, a virtual war where the will of the people was never real. We can accept that the “Supreme Court on Tuesday, when judges ruled that Parliament must give permission to start the Brexit process“, which is acceptable, yet in equal measure we now face that in all this, as the EC began this path was never properly set, the lawmakers deceived and betrayed the people of the sovereign nation of the United Kingdom. Even as we know that article 50 is merely the informing part that the UK is leaving the EU, the Supreme Court stopped this from ‘just’ happening, and in that I have no issue, the Commonwealth has always been directed by law (as stated earlier). It does become an issue to me when I see “face amendments from MPs and peers“, the question becomes, what amendments? The people want out and this group of people is growing fast, all over Europe. The bickering, blackmail and phony posturing by those not even properly paying their share of taxation has been a blight in the eyes of the tax paying people. So as we look at John McFarlane and his spearfishing, or is that spearheading a fishing campaign? Anyway, the AFR is reporting on John trying to keep the banks where they are. I am still decently certain that as Frexit is becoming more and more a certainty, those not remaining in London, or those vastly relocating staff, will within 24 months see a sway where they have to explain to the shareholders a massive loss, due to relocations, loss of staff and loss of opportunity and revenue, due to a loss of staff, whilst in equal measure needing to show massive expenditure in France and Germany whilst the revenue never got close to the change. More important, the anger of people with every delay on Article 50 is also prompting other nations to truly spearhead a move out of the EC. So as we consider (at http://www.afr.com/news/world/europe/stay-put-for-brexit-deal-banks-urged-20170122-gtwblk) the quote “Bankers have moved from talking about a “transitional” period, instead labelling it an “implementation” or “stability” period, mirroring the language and rhetoric being used by the British government“, this whilst no one is asking how come that London was the financial centre for Europe before the Euro existed, before we got this open borders stuff. The British centre of commerce was well established, so in all this, why would it have been lost in the first place and for those moving consider that a one market place might see best, but we have shown again and again that it only profits the large corporations and there is too much showing that the next 10 years will not be in hands of large corporations, it will be the smaller ones that will actually start economies and set changes. Those people still see London as the centre of their universe (whether reasonable or not). In that article there is one part that remains cause for concern You see there is truth in “Jes Staley, the chief executive of Barclays, said he did not think that Britain or the EU would use Brexit as an excuse to roll back the global financial framework that has been implemented since the financial crisis“, yet we know better and what Jes is stating is not true. The truth is that, as Reuters gave us in September 2016 (at http://www.reuters.com/article/us-basel-banks-eu-idUSKCN11W1PA), that the banks are very much in favour of rolling it back to some degree. As we see “The European Union may opt out of new global rules aimed at preventing another financial crash because officials are worried they put European banks at a disadvantage at a time when they are losing market share to U.S. rivals“, even at that point, a mere 4 months after Mossack Fonseca, more and more shifts were seen. There is more than one indication that after Mossack Fonseca got out into the open, many had to vacate places and move and interestingly enough, according to Andrew Penney, Rothschild & Co, the U.S. “is effectively the biggest tax haven in the world”, this is also how we learn that private wealth is doing just fine, it merely got as new letterhead from either (or both) an accountancy firm and a law firm.

How do these elements connect? What does wealth management have to do with slavery?

These are important questions and you need to ask them! You see, the freedom of choice, to leave the EU has been undermined for some time now. I understand that it was a close call, yet the Bremainers lost, and just like American Democrats, they are very sore losers, because they aren’t getting their way. In addition, those who have no vote and also require the Bremainers to win are large corporations who require every part of an inch of margin to keep their profits as high as possible, because their bonuses depend on it. That part is no longer an option as these people need to be held tax accountable, as well as these corporations require them to pay their fair share of taxation. With the EU behind us, UK laws can finally be adapted for this to happen. We see all the flim-flam presentations, bullying and blackmail on how they walk away. Yet we can clearly see that the UK was merely the first one. And some margin from 68 million consumers is better than losing 68 million consumers, which is what the UK is steering towards. The untold part is that all these noisemakers do realise that losing the UK and its customer population is really bad, so having some profit will always be better. So when we see the Guardian (at https://www.theguardian.com/politics/2017/jan/26/brexit-bill-mps-will-get-five-days-to-debate-article-50-plans), with Labour MP’s stating “to guarantee the protection of workers’ rights and securing “full tariff- and impediment-free access” to the EU’s single market“, gets the response ‘who are they kidding?‘, workers’ rights is one and that has existed in the UK long before the EC, in addition and the crunch is ‘tariff-free access‘, which is just to appease large corporations and that has been the problem these last 8 years to begin with. So who is Labour copulating to? (Oops: I meant facilitating for). In addition UK Labour wants as an amendment “to oblige the government to keep all existing EU tax avoidance and evasion measures“, which seems nice, but that could have been avoided if proper legislation had been pushed to come down hard on tax evaders. Yet Labour in all their terms did absolutely nothing to get that decently sorted, so screaming for it now seems a little redundant in my humble opinion.

As we watch from that bridge, we see twists and turns, whilst from the distance we see how financial institutes are enabled more and more, our freedoms fall away. The Financial times being the voice of Bankers on how the ECB is making its predictions. “The European Central Bank has stepped up its warning that it will be difficult for the UK to hang on to its valuable euro-clearing business after Brexit, calling for EU institutions to seek more, not less, oversight of the trade in London once Britain leaves the bloc“, (at https://www.ft.com/content/51a68c6e-e094-11e6-9645-c9357a75844a), which sounds nice and threatening, yet, do the people realise that when Brexit becomes a fact, Frexit will be around the corner and that also means the end of the ECB soon thereafter. So as we see the issues brought by Benoît Coeuré, we see in addition “we’ll have to know what are the new foundations, and whether this is good enough to ensure financial stability in the Eurozone,” he said. “Is that possible? I don’t know . . . It sounds challenging,” he said, adding that the issue “is not for the ECB to judge alone. The [European] Commission will have a say, governments will have a say.”“, this is fair enough, when the UK steps out, another European EC nation could end up clearing Euro derivatives, that is to say, where is that infrastructure in place? The article brings however an interesting side. With “Theresa May, Britain’s prime minister, indicated that financial services could be one of a number of areas where the UK would like to retain “elements of current single market arrangements.” But that idea of special sector-by-sector deals encountered an immediate pushback from other EU leaders, who are wary of British attempts to cherry-pick advantages of EU membership“, this view is not incorrect, yet in equal measure, what cherries would the Amsterdam, German and French markets like to pick? The point I am trying to make is not the issue by itself, which is fair enough, the issue is surrounding the people behind the curtains. People like Mario Draghi, Benoît Coeuré and the other four. When push comes to shove, I feel that they for the most have their own needs in mind, the public at large should have seen by now that the ECB has been pushing their own game, the rising debt is only one of the games played. The other one is actually shown in an interview with Romano Prodi (at http://www.italy24.ilsole24ore.com/art/politics/2017-01-16/intervista-prodi-132036.php?uuid=AEIWmr), there Prodi states: “The euro area’s economy is however recovering, although, according to European Central Bank President Mario Draghi, the main risks come from the field of politics” on one side we see that the ‘recovery‘ is misplaced as shown earlier is  at less than one percent and Germany is the only one achieving it in the end, that is not recovery. What Mario Draghi calls ‘the main risks come from the field of politics‘ sounds nice, but in the end, most politicians have an economic knowledge that is a mere joke (slightly less than my non-economic education), they get their advice from economic people most of them connected to banks, and they don’t want Brexit to happen. In addition, as shown earlier, the banks are starting to push back against Basel because of the US advantages, meaning that the banks are becoming larger risks again. Does anyone remember how these bankers ended up in prison in 2008? They did not! Their quality of life only increased to the larger degree whilst the rest of us saw a diminished quality of life that even today has not restored itself. So the view from the bridge is not that great, it shows on how we lost too much and in all this Bremaining could spell even more disaster before the end of the year. That last one is not a given, but we always knew that there would be hard times. Now we only need to worry on when that crash does happen, on how the ECB will blame everyone except for themselves and their utter reckless spending of trillions. The bridge of slavery has no view, yet unlike the Hussaini Hanging Bridge you do not get to die if you are ‘lucky’, you get to live through the agony of cleaning up the mess others made and they end up being protected and not held accountable.

 

Leave a comment

Filed under Finance, Law, Media, Politics

This last day

This last day should be a day of reflection, a day of consideration. I feel none of these things as I am observing the mistakes that Marine Le Pen is now making. I get why she would get the referendum vamped up and get stronger waves towards Frexit, yet her call to leave NATO makes a lot less sense. For one, NATO still does mean the North Atlantic Treaty Organisation, France is part of that North Atlantic, she has a duty of care there (a lot less so for the EC, the EEC or the Euro for that matter). She does make a point when we look at the expansion into Eastern Europe. Let’s face it, when we look into the original line, there was Germany which goes a lot to the south, then basically it is Italy. Getting into Eastern Europe makes a lot less sense. Let’s not forget, the Americans at present no longer have the means to play this game. A fact Lockheed needs to take into consideration, even if the price of the F-35 is given without an engine ($133 million, without engine), making it basically the most expensive paperweight in history. In addition, it came with a truckload of issues in 2014, whilst the 2015 report states “the majority of the fixes and for capability deficiencies being discovered are being deferred to later blocks rather than being resolved“, with new items of concern added. I found the additional quote form the 2015 report “inherent design problems that are only becoming more obvious and difficult to fix” most amusing, so if Marine Le Pen has in mind to not go anywhere near a Lockheed design, that would make sense. Now I do not want to brag, but with all my flying hours in the Microsoft Flight Simulator (2004), I might actually beat that latest flawed Lockheed F-35 with my experience in a Mikoyan MiG-35 (OK, I am bragging a little as I have never flown ANY jet in my life). What is the issue is that the politicians have not kept a good accord on the military abilities of the armed forces, not the people mind you, but the equipment they get stuck with. As such we see a 1.5 trillion dollar project showing more holes than an IKEA Pasta insert (named ‘Stabil’, which is hilarious as it is also means stable in Swedish). A project $160 billion over budget and 7 years behind schedule, and these were the numbers in 2014. A defence project that was too big to kill and that is what the NATO partners have to content with?

So why these topics? The world is changing, it is changing faster than ever before and the minders of the store have been so selfish in regards to their own personal needs (read: visibility of self via ego) and achievements that the duty they had was pushed under the rug. This is how I personally see the F-35 project.

The financial sector in the UK alone these financial boys (girls also) had the bulk of the £44bn in bonuses this year, so did your quality of life increase any (the topic jump will make sense in a few moments)? Now, even as wealth increased, it did not do so to that extent. It is not that fair to just have a go at the financial sector, apart from the fact that they ended up with bonuses of 1900% more than the amount all the others got, so balance is not that much in play. That view is shown stronger as we look at Forbes this week (at http://www.forbes.com/sites/francescoppola/2016/12/28/greece-the-game-is-on-again/#2585dbd946e5), the quotes that matter here are “Euclid Tsakalotos, the normally mild-mannered Finance Minister, accused the IMF writers of “economizing on the truth”. He pointed out that the main reason why so few Greeks pay income taxes is that their incomes have crashed, and that nearly half of Greek pensioners are living below the poverty line” and “The IMF’s case is that pension cost as a proportion of GDP is now unsustainable, and further, that the creditors are not going to agree to debt relief while pension cost remains so high. It is probably right on both counts. But once again, what really matters is the psychological framing“, in that regard I will be on the side of the Greeks, but not on the side of Greece. You see when their previous governments got loans and misrepresented their value, they had zero consideration on what pensions were in regards to the loans that they were getting under false pretense, in that regard, did any of those politicians go to jail? Did they refund 90% of their incomes? I am certain that the answer to both is ‘No!’, in addition those elected officials are sitting pretty and nowhere near the poverty line. Yet in all this the hardship is not over, in addition, the facts (as I personally see them) requires a little more digging, especially when I read “Attica Bank, the country’s fifth-largest lender, was poised to install a new management team he thought was capable of turning round the struggling lender” which were the thoughts of Yannis Stournaras, the governor of the central bank of Greece, which was followed by “While he was in the air, the government in Athens reversed the decision to award the job to Mr Pantalakis. It was his introduction to a web of allegedly related events, ranging from a raid on his wife’s business to an unsuccessful bid for TV rights backed by Attica loans“, this gives the implied issues on Yannis Stournaras, which gives more cause concern when we see “A confidential report on Attica carried out this year by the European Central Bank, the Eurozone’s top bank supervisor, and seen by the Financial Times, cited “severe findings” of poor governance and inadequate controls on lending. With some 70 per cent of its loans rated as non-performing, Mr Stournaras and others believed Attica urgently needed a professional banker at the helm. Government sources denied any intervention in the process to select Attica’s CEO” (at https://www.ft.com/content/aab0aaba-c6db-11e6-8f29-9445cac8966f). The implications are on a few levels especially in the light of ‘government sources denied‘, there is a mess on a few levels and the idea that personal needs were adamant in decisions is not without probable cause. The levels that are in question cannot be set because too much information is missing, but there are issues, make no mistake about that.

These issues connect, not directly but in the view of national voters, governments have made absolute shambles of their nations giving power to those with key wealth management options, in that need those who need to be at the helm are politicised and set to markers that are off the table and outside of the scope of visibility to scrutinise, whilst the presentations are showing markers that do not fit the person best suited for the job, in that Greece is not the only place with such issues. In the UK Mark Carney is facing similar issues, yet in the opposite direction. The best person for the job is the one the elected government seems to have an issue with. The independent (at http://www.independent.co.uk/news/uk/politics/bank-of-england-mark-carney-theresa-may-attack-monetary-policy-tory-conference-speech-a7380016.html) gives us “Mr Carney argued that the monetary policy pursued by the Bank in recent years has had a positive impact that is “without parallel”, despite the Prime Minister using her speech to claim it had led to “bad side effects”“, in addition we see “Since quantitative easing was first introduced in the economy in 2009 … there’s been 2.6 million jobs created, GDP is up 16 per cent, per capita income is up 9 per cent and this is following a trauma in the economy“, we might see this as good news, but the good news is in the UK not dripping down to the other people just yet. In addition, the dangers will change if sharp budgets are not maintained. Getting the debt down is an absolute first, it will have additional benefits down the road, yet the initial benefit is that money could go to other destinations than paying for the interest of the debt, the interest of a debt amount that is currently in excess of 1.6 trillion. This was not the first attack, Michael Gove had a go at England’s Marky Mark in October. It is always nice when a person is called arrogant, especially when that person has proven to be amongst the very best in his field on the planet. I myself had had some issues in the past with Mark Carney, yet not against the man, but the economic issues that the UK faced because of actions (read objectives) pushed for by politicians, however his speech in the House of Lords showed him to be the expert he is and he nearly got me away from the Brexit team. Yet Mark Carney himself states it very well when he said: “Politicians have done a very good job of setting up the system. Where it can be difficult, sometimes, is if there are political comments on our policies as opposed to political comments on our objectives“, in this we see the issue that is part of the problem. as the politicians set up the objectives, they are then confronted with the policies from technocrats and those two groups do not see eye to eye, so friction goes back and forth, the Lockheed F-35 lightning is an excellent example here, in addition that part got an extra iteration as the military requirements were added by yet another group (read: the military). In all this the political objective is hampering the essential need against ‘it needs to be done by date X for no more than amount Y‘, which gives us the political joke that the NHS IT project was. A present from the Labour government which boiled down to a £11.2 billion wrapper around an empty box. Two projects set through objectives that ended up being off the wall and the back and forth friction that resulted in something unmanageable and non-functional. I reckon the political side of both events needs a new level of scrutiny, one that we have not considered before. In that regard having people like Mark Carney around is essential for the wheels of a state to remain functional, because if there is one clear thing, it is that America lost that oversight some time ago, before this Democratic Administration, the previous republican one lost sight of the needs and the accountability of the intelligence network and data processing side no later than 2006, we can all agree that the 2007-2012 total budget of $435 billion was money massively spent in all the wrong ways. This was shown in a Foreign office document that was quoted in an article stating “Army officials, though, said Palantir wasn’t up to the job. Now, a 57-page report by the Pentagon’s acquisitions arm basically says the Army was wrong to dismiss the Palantir system. The study instead gives Palantir high marks on most of the Army’s 20 key requirements for the intelligence system, including the ability to analyse large amounts of information, including critical data about terrorist networks and the locations of explosive devices, and synchronize it in a way that helps troops on the ground combat their enemies more effectively“, so there too billions were spent when millions could have sufficed. When the EGO of an individual with the power to decide is on the line, the results could be disastrous. In my personal view, if we accept the wrongful spending of 25 billion, how many extra troops could have been saved by adding fire support groups to those in IRAQ in those years? How many of the 4486 fatalities could have been prevented?

Politicians, advisors and ego are a really dangerous combination in many ways, even as we look at what is coming now, we need to be mindful of the changes that some are pushing for. Even if we are in favour of dropping the EC altogether, pushing NATO boundaries might not be the best solution. France might be privy to one of the better intelligence machines, that machine is also dependent on the intelligence it is fed from allies, an essential element that will fall away when NATO does, Marine Le Pen should be very mindful of that.

Yet this year and more important 2017 will go beyond Frexit. There is still a large debate on the Netherlands making any move away from the European Community, the numbers require people to be realistic on what will happen, yet those numbers are nowhere near the numbers Brexit had, so it is still unlikely that this will happen at present, no matter how certain Frexit will be. Italy might not have any manoeuvring space, it requires a massive infuse of funds, when we see the Reuters quote “An Italian government official told Reuters on Tuesday that €20bn earmarked for the rescue of the Italian banking system should suffice“, we need to wonder in how much trouble Italy is. This question is raised as we see Banca Monte dei Paschi di Siena will issue €15 billion of debt next year (source: RTE). So we see another iteration where “The Treasury may have to put up around €6.6 billion to salvage the lender, including €2 billion to compensate around 40,000 retail bond holders“, so, how exactly is it acceptable that people ‘invest’ with a risk, yet when that risk comes calling, they still get compensated? How did any of us ever sign up for that?

Anyone who mentions that it is for the good of all is of their rocker plain and simple. Here too we see connection between France and Italy, mainly that the Natixis Global Asset Management (NGAM) thought it was a good idea to list Banca Monte dei Paschi di Siena as a major purchase right next to Ubisoft. I reckon a little less ‘lack of nationalism’ and putting all of that cash in addition to the other amount into Ubisoft might have been a decently better idea. I feel certain that next year when we see the ‘Top Ten Holdings’ in the Natixis report will not make mention of Banca Monte dei Paschi di Siena, which could just be me though.

So in this last day we see that we have quite the collection of choices to deal with, some good and many bad ones. Yet no matter what is happening, no matter what will fall, there is a decent indication that unless changes are made 2017 will not be a good year. I might be too negative to see some level of collapse in Q2 (no later than Q3) in the next year, yet the proper setting and if the key players are willing to forego ego and focus on cooperation, they would be setting the stage for a lucrative 2018, that is beside the initial technological presentations of the new age of G5. G5 will be the pushing power in IP, especially Trade Marks, yet that path is also loaded with new growth opportunities for IT and developers as they start setting the tone of what 5G could personalise, it will be the first firm push to switch providers to SaaS. That is almost without question, the degree to it happening is very much depending on actual cooperation. In that the Telco providers need to realise as per immediate that thinking SaaS whilst selling Paas and charging IaaS, which sounds nice on bonus day. Yet the boomerang effect is that clients will walk away a lot faster and they will also automatically entice 10 personal connection to not seek the services of the telecom provider being that stupid. Infrastructure as a Service is almost a thing of the past. It seems weird, because there should be space for it, yet in our new outfits we see that infrastructure is a long term commitment and with annual mobile purchase the people have learned to be as flexible as possible, so the limited mobiles that some sell (32Gb instead of 64Gb editions) is why people are realising to walk away from those offering limitations instead of solutions. It is at times harder with Platform as a Service. You see, PaaS might sound nice when we see Apple and SAP connecting, yet the bulk of the revenue will be the smaller fish in the pond, the small players will be 80% of the revenue, one can argue the actual taxable cake of government will be largely depending on those players and for them IaaS is a laughable solution when they are trying to get as much as possible in the first few years and those smaller players want as much flexibility as possible taking to some extent PaaS from the table. SaaS will be solution of choice and those now adhering to that need will fall short in 2018 and they are unlikely to be part of anything in 2019. In that we see the government need of objectives that cater to what the SME’s need. A mere application of supply and requirement. You might think that this is not connected to the previous parts, but it is. When we see the NHS, Banks and government, their needs to address their audience, they need to consider that no matter the infrastructure or platform for communications, they all need to see that their clientele is no longer rigid, no longer bound to certain paths for the simple reason that the infrastructure of places like the NHS can no longer deal with. It is by definition a mobile customer base that needs addressing, this means, or at least implies that the SaaS solutions require a wider setup, other paths of non-repudiation and a very different approach to data, its quality, its controls and the application of the results in any report or estimation towards costings and profit. It is a path of contribution, which is set as revenue minus costing.

For the better part an entirely new path in a setting that has for too long been about a rigid collection of data, which when compared to a setting in a flexible framework no longer holds a candle and will come with the implied death of data quality. in these places there will be a growing need for a data team that has the sole purpose of managing the quality of data, this path is one that IT has never worked on to the degree it had, because in the past systems were set in concrete and after the correct data pass had been made, the data usually would not require ‘resetting’ it in another framework, a change that will be almost evident in the systems we will see start in the next 4 years. There, for some the problem becomes that they have never contemplated the changes, which now also means that once they go into the deep of it all, the time required and the resources required will be a lot more draining than ever before. It is in that path that we see the danger of politicians and technocrats in the required path of objectives and policies. As there is plenty of evidence that so far this track record is not that great, we will see a squandering of funds and a dangerous curve of unprotected data whilst no one will be actually held accountable for the transgressions against those consumers aka victims.

So on this last day there is no way that any solution will be found, just take in the information and next week wonder what on earth is about to hit you, there is some speculation in this, yet I believe that the ‘objective callers’ (read: politicians) will rely on the word ‘glitch’ a lot more than ever before, it might just become the most popular word for 2017.

 

Leave a comment

Filed under Finance, IT, Media, Military, Politics

Pussies, Cowards or Other? (updated)

On the 23rd of December a resolution passed against Israel. It is Resolution 2334, which is attached at the end of the story. 14 votes for, one abstained (USA), we need to ask question on why the 14 nations voted in favour. China, France, Russia, UK, Angola, Egypt, Japan, Malaysia, New Zealand, Senegal, Spain, Ukraine, Uruguay and Venezuela. The paper is of course legally speaking an excellent piece of work. Yet let’s take a look at several parts: “Reaffirming the obligation of Israel, the occupying Power, to abide scrupulously by its legal obligations and responsibilities under the Fourth Geneva Convention relative to the Protection of Civilian Persons in Time of War, of 12 August 1949, and recalling the advisory opinion rendered on 9 July 2004 by the International Court of Justice“, in that same stride ‘Protection of Civilian Persons in Time of War‘, in answer to Palestine, in support and active assistance of terrorist forces, namely Hamas, who has fired well over 8000 rockets into Israel in the last decade alone, with a clear indication that they were send towards civilian targets, as such these hits require compensation in the form of land and as such a case could be found in support of settlement building.

In addition, there have been issues with article 19 of the Palestinian charter for the longest of times. The fact that the latest news regarding of the ethnic cleansing of Jews on the west bank, this was September 9th 2016 (at http://www.timesofisrael.com/pm-world-silent-as-palestinians-seek-ethnic-cleansing-of-jews-in-west-bank/). In all this other media remained silent. There were strong rebukes from the US State Department. So, should we accept that the comments of Prime Minister Binyamin Netanyahu is incorrect? The literal quote that SBS Australia gave was “US State Department spokeswoman, Elizabeth Trudeau, has described Mr Netanyahu’s language as “inappropriate and unhelpful”, saying settlement activity continues to hamper the peace process“, ‘inappropriate and unhelpful‘ is not stating that it was incorrect, so here the question becomes was it correct? The Washington Post analysed the video (at https://www.washingtonpost.com/news/worldviews/wp/2016/09/09/watch-netanyahu-says-palestinians-want-to-ethnically-cleanse-jews-from-west-bank/), we see the quote ‘The Israeli media mostly ignored the Netanyahu video‘, yet the news made it to Haaretz and the Times of Israel, in addition, there is no evidence given that it was not happening, which is interesting to say the least, in opposition in the same WP article we see: “the Palestinians today cannot “ethnically cleanse” any Jews. The Israeli settlements are all in the 60 percent of the West Bank called Area C, which is under the complete control of the Israeli army“, which carries its own brand of validity.

So, as the world news seems to genuinely ignore events on the West Bank, as the call of Hamas in its charter gives “On the Destruction of Israel: ‘Israel will exist and  will  continue  to  exist  until  Islam  will obliterate it, just as it obliterated others before it.’” Hamas, a clear terrorist organisation, as seen supported by Palestinian officials, give rise to the dangers that Israel has faced and opposed since 1987. It still is not recognising the state of Israel, which the then Hamas Leader Khaled Mashal stated as “the Charter is ‘a piece of history and no longer relevant, but cannot be changed for internal reasons’“, which we see as part of the problem, an unadjusted charter is either irrelevant, or illegal. In that same light we see Prof. Robert Pastor from Columbia University state “Pastor surmised that those who quote the charter rather than more recent Hamas statements use it as an excuse to ignore Hamas“. Something he said in 2010, a statement that is proven to be false when we consider the well over 6000 missiles fired by Hamas on Israel since his speech.

If we want to be fair and balanced, we need to look at both sides, and in that case we must admit that wrongdoings from both sides have been done. Yet, that does not excuse either side. If the state of Israel had been accepted this situation would not have existed, in addition, after the Jewish population had been near decimated during Adolf Hitler’s European Tour, the Jewish population had a primary duty to protect itself from extinction, no one can deny that need. We can accept Reuters when we read “Hamas has observed a de facto ceasefire with Israel since 2014, when 2,100 Palestinians and 73 Israelis were killed in a war over the territory. But small jihadist cells in the Gaza Strip occasionally fire rockets across the border“, that innocuous statement ignores a basic part. Someone supplies these cells with rockets and I feel personally certain that these cells are still proclaiming to be ‘real Palestinian Hamas members‘. In that light, the support that the UK is giving this resolution is becoming a bit of an issue. Did it not learn from its earlier mistakes? In addition, as the UK now sees British soldiers being charged in regards to the death of an IRA leader in 1972, whilst the members of the IRA cannot be prosecuted due to earlier agreements. I reckon the UK has its share of issues, giving rise to the support of an Egyptian bill in regard to areas Egypt pretty much abandoned half a century ago. I admit that the last statement is rather dramatic in flavour, yet not incorrect.

So let’s get back to the resolution. When we see “Expressing grave concern that continuing Israeli settlement activities are dangerously imperilling the viability of the two-State solution based on the 1967 lines“. How is ‘viability‘ an acceptable word as we have seen acts of terrorism in name and in implied concession of the Palestine ruling administration for decades, with thousands of rockets fired towards civilian targets. That verse gets even more visibility when we see “Recalling the obligation under the Quartet Roadmap, endorsed by its resolution 1515 (2003), for a freeze by Israel of all settlement activity, including “natural growth”, and the dismantlement of all settlement outposts erected since March 2001“, where the same defense can be given that resolution 1515 is no longer in play as the rockets kept flying for well over a decade. It is a personal view, yet the fact that the lands could be seen as possibly to be annexed by the state of Israel is not that far-fetched. It is unlikely to happen, yet the fact that the Palestine leadership has never truly acted against the terrorist organisation Hamas is more than questionable regarding the validity of any Palestine solution.

In regards to France we can speculate that they agreed as they have their own share of issues, the idea that Hamas turns its attention to France must be unsettling to both DGSE (Direction générale de la sécurité extérieure) and ANSSI (Agence nationale de la sécurité des systèmes d’information), it is one headache the French at present do not need, although, I reckon they could have merely abstained their vote.

The resolution takes a swing when we see “Stresses that the cessation of all Israeli settlement activities is essential for salvaging the two-State solution, and calls for affirmative steps to be taken immediately to reverse the negative trends on the ground that are imperilling the two-State solution” and “Calls for immediate steps to prevent all acts of violence against civilians, including acts of terror, as well as all acts of provocation and destruction, calls for accountability in this regard, and calls for compliance with obligations under international law for the strengthening of ongoing efforts to combat terrorism, including through existing security coordination, and to clearly condemn all acts of terrorism“, this gives way that the taste of war is changing. It gives way that the Palestinian leaders are in serious trouble. Not only do they have to deal with the danger of Islamic State, as ISIS has been reported a week ago to be ‘choking Hamas’ we now see the resolution in a different light. As ISIS is implied to be soon unopposed in Gaza and Sinai, Egypt is about to get a situation a lot less appealing. Especially if the thousands of Muslim Brotherhood sympathisers see an option to find a common goal with ISIS. This last part is my speculation, even as they have opposed each other, their common hatred of Israel is one part they both ‘agree’ on. As the Palestine elders of Gaza panic, trying to find any solution as their funds run dry (apparently the lack of rockets this year was mainly due to sponsors placing their funds somewhere else) and the reality that the middle east economy is in the biggest dip of their existence, not in the least due to the pressures that the Syrian war has placed on all the neighbouring countries is a clear sign that there are issues all over the place.

I think that this resolution is one of desperation, when the economy gets its second earthquake in the form of an economic crash (expected Q2-Q3 2017), places like Palestine will see the deterioration of all support as those who were willing to fund will see a desperate need for funds at the home front, this includes the Muslim Middle Eastern Nations. Saudi Arabia, Iran, the UAE and Egypt will be in a long time crunch, not only today, yet as the Euro destabilises due to the Euro issues and exit referendums, both America and Japan will see their economies under severe pressures. The statement by President elect Donald Trump (read: ‘so, I’ll bankrupt America’) didn’t help either. With the economic pressures we see that Japan is also eager to get something moving here. Out of the 14 nations, we could only argue that New Zealand has the cleanest reasons (neither anti-Israel nor selfish reasons), that is unless they got a call from London to vote in a certain way.

In all this Israel is not in a good place and one could argue that Israel is starting to get anger management issues (considering the actions that Prime Minister Benjamin Netanyahu is contemplating. Or as the Times of Israel article stated “still more devastating, potential diplomatic defeat at the hands of the outgoing Obama administration via a mixture of pleas, threats and boycotts“, (at http://www.timesofisrael.com/netanyahu-goes-to-war-with-the-world/). With political pressures rising, not in the least due to cancelled visits, we see the summoning of Israeli ambassadors. Currently only the Ukrainian one, but that is unlikely to remain the only one. In a time when the Ukraine needs positive visibility, the cancelled meeting to Israel might be seen as a body blow to the Ukrainian administration. Yet, in all, this will be regarded as a failure on the side of Prime Minister Netanyahu, an act from emotion which now prevents a show of information that could have seen other resolutions, especially against Palestine regarding the actions of Hamas, that opportunity will now no longer be an option. Again, it is just speculation from my side, yet the emotional reactions by Benjamin Netanyahu could bring delays to whatever data Mossad is trying to collect. Svoboda has its anti-Semitic elements, which could fuel growing of extremisms. Ukraine is too far from Israel to be a direct threat, yet the chaos in Turkey implies that any journey via Cyprus makes these extremists a larger threat than previous considered. However, this is not about that.

The resolution shows that the document as one sided as it is opening really dangerous doorways in whatever future we would like to see, in addition, ignoring certain elements from the past by the 14 vote casters will have longer consequences. We all accept that the Middle Eastern issue is not easily answered, there might not be an answer at all. Yet the reality is that Resolution 2334 should not have been given the light of day, especially when we consider the acts of Hamas and their decades of acts of terror. The fact that the Palestinian councils have never truly acted against Hamas making this resolution an issue. All peace options offered in the past were disrupted by more attacks, in the past Hamas has only ever offered a seize fire when they ran out of rockets and ammunition. Now that they realise that this is not a dry spell, their support is waning in a faltering economy, now we see their need to get the best deal possible starting with Resolution 2334. Which is as I personally see it, the worst action possible.

If this continues, it will be a signal for extremists all over the place that their method works, which under this economy isn’t the worst strategic assumption to make.

No matter how this wind blows over, the fact that Palestine is now in a state to get whatever it can get, also shows that the breech of confidence with Hamas is a lot more brittle than many are assuming, whether this means that ISIS is in charge cannot be made without more data, what has been confirmed are the execution of Hamas officials as well as the drained budget of Hamas shows that the dynamics have changed to such an extent that Egypt is now moving to get whatever solution possible in place, because it is seeing the impact that the ISIS attacks have had over the last two months alone. It cannot be denied that Resolution 2334 is a method to stop the changing dynamic and see if this change can alter the path of ISIS, again, this is a speculation from my side. Without more data there is no viable credibility to these acts. Yet the issues are clearly connected, the voiced acts by ISIS shows increased pressure on both Egypt and the West-Bank, to see them as unrelated whilst they are pretty much next to one another is equally nuts. with ISIS proclaiming a mere 5 days ago that it is closing in on Israel’s borders give way that the pressures in this region are about to rise a fair amount (Source: Jerusalem Online). Abu Hajar also called for new recruits to join the ISIS branch in Sinai, this whilst he states that the Israeli air force is ineffective. The latter is not a given, but the fact of small cells constantly in motion will delay Israeli actions a fair bit. The fact that Abu Hajar is addressing Hamas members is a larger issue, not just for Hamas. From my point of view, the issue is not Israeli Intelligence, it is the timeline of processing. In the hour that intelligence is disseminated, the mobile units could have gone 30-50 miles, making a valid target much harder if not impossible to set. It is in this active environment that Resolution had been voted on, the fact that 14 voted in favour implies that it was a one sided political view, not set on the premise of any solution, it is not a crucible, it is merely a loom holding a one-sided weave, in the days to come some of the voters in that resolution will be scrutinised and several not in a good way.

united_nations_security_council_resolution_2334

Update!

So, as we now get to the ‘Other’ part, we get to a different part then I had originally imagined. You see, after this blog went live, a development was given by the Guardian (at https://www.theguardian.com/world/2016/dec/27/obama-and-allies-seek-to-isolate-netanyahu-before-trump-takes-office). Not only is this current US Democratic party a collection of losers, they have gone to such desperate acts in the 11th hour to prevent the media to state that they have become the worst administration in American history. They have decided that 5 days before the end of the administration, they will push through a 2 state ‘solution’. The subtitle gives us ‘John Kerry to propose principles for two-state solution in Middle East at conference next month in wake of UN resolution’, so even as such principles take months and months to design, requiring legal expertise to mull over such papers, we now see their act of ‘abstain’ was nothing less than the cowardly act of a traitor selling Israel down the drain by literally setting an agenda with a terrorist organisation (Hamas) and letting Egypt blow the clarion, making them an American vassal, which should go over really well with both the ISIS elements next to Egypt as well as the Muslim brotherhood. This level of orchestration is the most dangerous and as I see it, the most stupid of all. So, if, I say again IF other buildings start falling down like the song ‘London bridge…..’ implies, the American Democratic Party will only have themselves to blame and they will be utterly alone should that happen. To push a two state principle down the throats of a global community so that some individual can state ‘we brought peace to the middle east’ like it is a cheap infomercial just before they get kicked out of their office. This is really bad and the fact that other papers are not full of the political analyses of the dangers that the American Democratic Party created, after they got their nation bankrupt is just beyond words. The initial quote I saw yesterday and initially ignored was from the Israeli Prime Minister: “Netanyahu claims there is ‘ironclad evidence’ Obama administration plotted to promote the UN resolution”. The info seen was the Egypt came with it (no way that America was not involved), yet the statement seemed a little too ‘conspiracy theory’ to me. Now it seems that the reality of it all is actually a lot worse.

Now consider the following: “The UN resolution and Kerry’s speech represent an attempt by the outgoing Obama administration and the rest of the UN security council to box in and isolate the Israeli government before Trump, a fervent supporter of the Israeli right, enters the White House”. If so, there is now a possible case that Barack Obama President of the United States and John Kerry, the United States Secretary of State could find themselves prosecuted for Malfeasance in office. This is seen when we take a look at the case Daugherty v. Ellis, 142 W. Va. 340, 357-8, 97 S.E.2d 33, 42-3 (W. Va. 1956) where we see the following quote: “Malfeasance has been defined by appellate courts in other jurisdictions as a wrongful act which the actor has no legal right to do;
as any wrongful conduct which affects, interrupts or interferes with the performance of official duty; as an act for which there is no authority or warrant of law;
as an act which a person ought not to do;
as an act which is wholly wrongful and unlawful;
as that which an officer has no authority to do and is positively wrong or unlawful;
and as the unjust performance of some act which the party performing it has no right, or has contracted not, to do”. So now the part that matter, how come that this is in play, how could they be regarded as prosecutable before the law? Well, that is seen when we consider that any deal of this magnitude will take months, sometimes years to properly set. The fact that a departing administration does this in their final week, means that they are taking away the freedom of action by the legitimate elected office. They are already being replaced by another party and as implied, the fact that they know that their path would not be followed, forcing their path on others could be seen as both Malfeasance as well as Misfeasance in nature. It can be seen as intentional harm from an act improperly performed, that part is pretty adamant when we see that this is forced down the throats of several people in the last 5 days of office, an act that will very likely have years of consequences as such an intentional act to prevent the next in line from properly conducting the state of the American union. I will not go as far as to see this as an act of treason by public officials, yet I feel certain that many, especially the republican side will call this act a lot harsher than I just did.

Leave a comment

Filed under Law, Media, Military, Politics

Batches of three days

After a Law conference of three days and a case of the flu, it is time to get back into the saddle. For the speculative people amongst you, I needed 8 boxes of tissues, so if you invested in Kleenex, their forecast is very expected to be up, so you are all good! There are a few things to deal with, but let’s get into the deep end, with ‘Trump cabinet appointments will ‘undo decades of progress’, rights activists say‘ (at https://www.theguardian.com/us-news/2016/nov/18/trump-cabinet-appointments-sessions-pompeo-flynn). Yes, from their point of view that might be, but you do not get to cry wolf over Syria, whilst leaving a pussy to deal with the situation. This is now a Republican administration and as such, there will be a change of hearts, minds and a few tactical directions. The first one to look at, director Pompeo is an interesting choice. He has earned his stripes in several events. A thorn in Clinton’s Benghazi disaster and a member of the Tea Party. However, this is not same Jasmine flavoured variety, this member from Kansas is more like gunpowder tea. An acquired taste that is likely to turn a few stomachs in Iran. As I see it, one of the most likely to receive a high Israeli award for keeping them safe from Iran’s bile as some would quote it. My issue has always been no matter how liberal this elected official is, we have seen that the next elections could bring another Ahmadinejad, not something anyone is waiting for.

But let’s get back to nominated director Mikey. The one part that was part of the Wichita Eagle (link lost) was that Mike Pompeo predicted a new energy bill would cost millions of jobs and make the United States a net food importer. There are two sides to all this, the first the energy part. There are too many question marks (apart of the change to make it realistic), the net food importer is another matter, and it also drives at the core of national security. You see, NAFTA, opened up a whole range of options in regards to the trade with Mexico and overall there is a benefit, yet when we realise that this opens up regional security options (as stated by s Col. Michael Dziedzic, USAF), we see that in light of multiple sources stating that the Mexican Cartels have been assisting ISIS members to get into the US to explore targets. The fact that ISIS sleeper cells are reported by a few sources to be close to the US border gives cause to consider certain new avenues for the CIA to consider. That is, if they aren’t already doing that, because we can all agree that yours truly isn’t being kept up to date by Langley for reasons that need no clarification.

The Wichita Eagle also gives us: “Pompeo ended up co-authoring a separate report from the main committee investigation, which accused former U.S. Secretary of State Hillary Clinton, the 2016 Democratic nominee for president, of downplaying the attack to boost President Obama’s re-election efforts” (at http://www.kansas.com/news/politics-government/article115756373.html), which is only half the truth I reckon. I mentioned earlier that the intensely wrong acts by people in the US Department of State in 2012 was centre in all this and the events since have only shown that they were utterly negligent in several ways (not only the office of State Secretary Clinton), the downplay has been beyond that office and as such left too many concerns, especially when you do not react strongly to such an event, should you be considered President of the United States?

I reckon that once confirmed, Mike Pompeo might be one of the strongest members of the Trump government and could possibly be one of the better CIA directors of these last three administrations, which is speculative, and time will tell. Jeff Sessions is another interesting pick, although the President elect could have taken several extreme options, which in light of following Eric Holder, the only cabinet member in history to be held in contempt of congress (there will always be a first one), the President Elect had a few options, yet those were basically taken off the table when Loretta Elizabeth Lynch, the 83rd United States Attorney General decided

On June 27, 2016, Lynch and former President Bill Clinton met privately aboard Lynch’s Justice Department jet which was parked on the tarmac in Phoenix. ABC15 Phoenix reporter Christopher Sign broke the story on June 29, citing unnamed sources. (at http://www.abc15.com/news/region-phoenix-metro/central-phoenix/loretta-lynch-bill-clinton-meet-privately-in-phoenix), in light of Benghazi, when we see the quote ““Our conversation was a great deal about grandchildren, it was primarily social about our travels and he mentioned golf he played in Phoenix,” said Lynch Tuesday afternoon while speaking at the Phoenix Police Department“, now we can agree that if you have 35 things to do before lunch, having a social meeting on the tarmac of an airport in a jet is rather odd, to say the least. It is true that it might not have been about Benghazi, it might have been about future careers, yet the event on the tarmac and not in some closed of 1st class business lounge implies that this was about deniability, not something that is required when Golf is on the menu of conversation. The image of Benghazi remains, whether just of unjust, when you decide to do a Deep Throat (read: Woodward, Bernstein & Washington Post), you set yourself up for all kinds of gossip.

So when we see Jefferson Beauregard Sessions III, a former senator of Alabama, we have to wonder what America will get this time. The media is already all over it. The Guardian stated: “The hawkish trio have made inflammatory statements about race relations, immigration, Islam and the use of torture, and signal a provocative shift of the national security apparatus to the right“, the subsequent quote is “For liberals they appeared to confirm some of their darkest fears about the incoming Trump administration“. To them I have this message. ‘Over a period of 8 years, this administration has done absolutely nothing to reign in corporate accountability, the financial sector can go its own sweet way and this American administration turned 180 degrees around on corporate taxation. Their acts, together with the IMF is why Brexit is now a fact and is also still the driving force for Frexit. Those who are now fear mongering in the direction of France better realise that a second bad estimate (like Brexit) will be regarded as clear evidence to dismiss their services’. Columbia Threadneedle was quoted in Reuters on what a catastrophe it will be. Yet, who would it be disastrous for? The quote “Mark Burgess, chief investment officer for the firm in EMEA, said that unlike the positive or even ambiguous market reaction to the British vote on an EU exit or Donald Trump’s win last week, a win for avowedly anti-euro, anti-EU party in one of the many euro zone elections next year could spell disaster for the still-undercapitalized European banks“, the banks have had more than enough time to get their affairs in order. We have seen bail-out after bail-out and we have been all subject to a large loss of quality of life, whilst the financial sector played and gambled living on incomes that most people have never seen, not even before the financial crash. This has driven anti-European Union sentiments. The sentiment of all talk and no achievements, no forward momentum for anyone but the large corporations. This is what the Democratic Party left America with, no real future and a 20 trillion dollar debt. It is now up to the Republican Party whether they can return the USA towards a status of less debt and a healthy economy. This will take a years to achieve, but no matter how far it is taken, America seems to realise that the party is over, they only have themselves to blame on how they got to this point.

So how did I get from these three to Frexit and Greed? Let’s face it, the President-elect is part of a system of greed and Frexit is pretty much next on the agenda. All those ignorant economists and media that have been ignoring these events for over two years, all with comments on how this was never a reality now have faced Brexit and after that, they played anti-republican for 8 years, they now see their options cancelled and they are left in the dark regarding events in the White House. How many wrong predictions does it take for the media to realise that reporting is not the same as speculative empowering?

As the world is now setting the stage of how the first three picks of the President-elect is to be regarded. We need to realise that the world is a lot larger than America and our choices are indeed diminishing when we side with only one group of governing people. For those who seem to be focused on how bad this upcoming president will be, perhaps we need to take a look at a little place like Syria and how this current administration has not achieved anything at all. With bombings increasing and the Non-Assad supporting Syrian population getting closer to zero, we need to ask questions that no one is asking and even less are willing to answer.

The last part in all this is the IMF, as mentioned before. When we see the Australian, we get: “The IMF has given powerful backing to Labor’s call for a crackdown on negative gearing saying Australia’s tax rules are encouraging people to take on too much debt to invest in the housing market, pushing prices higher. The IMF’s annual mission to Australia has also criticised the Turnbull government’s May budget, saying it is trying to narrow the budget deficit too rapidly and risks hurting the economy.” Can anyone please explain what the fuck (pardon my French), the IMF is doing telling a sovereign nation on how we prefer not to be in deep debt and that is not OK with them? Consider in what state the debt driven economies are when it can be endangered by one economy removing its deficit. Consider on how many papers have given proper attention to debt driven economy (read: meaning almost none have done so, apart from those ridiculing the issue), this in light of the IMF quote in the Australian “The IMF says the government has been right to allow deficits to blow out over the past few years, saying the shortfalls have been mainly due to weak revenue, not excessive spending. The fund suggests that if the government spend more on infrastructure, it would generate enough economic growth that there should be little impact on the ratio of debt to GDP“, we need to wonder on how we were all kept in the dark when the media at large ignored calls for clarity, when we were (as I see it) intentionally misinformed, now we see that ‘right to allow deficits to blow out‘, which was never OK, even as Australia is getting out of that dark valley, other nations are still fighting their own battles. This is one of the driving sides to France, who have been pushed into a $2.4 trillion dollar debt. Perhaps President Hollande will have the same excuse that it was ‘mainly due to weak revenue‘, so the French people get to live with consequence of the IMF driven ‘equalising’ of debt. Now this last part is purely speculative from my side, yet how wrong is my train of thought? And as other nations realise that these debts are orchestration and the governments refused to tighten belts, spend irresponsibly regarding the need of other nations, keeping debt at a maximum. How do you think people will react when they realise that irresponsible behaviour will keep their quality of life down, perhaps for more than one lifetime? Are you still wondering whether Frexit will happen, or are you realising that Frexit not happening is no longer being considered?

Now, events differ from nation per nation, yet there is clear evidence that nations have been overspending for well over a decade and none had the idea to tighten the belt (except Germany in 2009). This is how Europeans feel and all this to enable big business, whilst they get more and more deals offered. This is the setting in which President elect Trump finds himself. The three nominations are not part of any of it, but they give rise to the question, who will be the elected officials in the departments, of State, Interior and Commerce, these three subsequent nominations will be at the core of what will happen next. No matter what the pressures are for the upcoming American Administration, they will be at the core of events that will take centre stage in 2017 and 2018. So many eyes, not just in America will be on those nominated for these three fields. We will have more and more questions, we only need to await the first results.

In that light we get to look at some of the issues I predicted two years ago. Last Saturday I got the Quote “European leaders have come to a 27-nation consensus that a “hard Brexit” is likely to be the only way to see off future populist insurgencies, which could lead to the break-up of the European Union” (at https://www.theguardian.com/politics/2016/nov/19/europes-leaders-force-uk-hard-brexit-farage-le-pen). The subtitle gives us even more ‘Fears grow about impact of populist surge as Nigel Farage predicts Marine Le Pen could win French presidential election’. I got there a year earlier, even now there is still some doubt as Sarkozy is making an about turn move on French National issues, yet Marine Le Pen remains a contender. Slightly stronger than before Trump got elected and there is where the issue for Europe now resides. Their indecisiveness in certain matters is driving people towards nationalism, with President elect Trump now approaching office, those issues will polarise and the shift will move stronger towards the right. The additional quote: “The latest intervention by Farage will only serve to fuel fears in Europe that anti-EU movements have acquired a dangerous momentum in countries such as France and the Netherlands, following the precedent set by the Brexit vote”, is one that is not correct as I see it. You see, Brexit was always a risk, yet those working behind the screens were so intent on the Status Quo that they forgot sight of the effects of the actions that they caused, Greece being the first and strongest elements. By trying to hang onto a non-realistic 300 billion, they now stand to lose 14.5 trillion, you tell me how stupid this was. The Netherlands is not the strongest influencer and at present, the Dutch PVV might be strong, twice as many seats as the number three (CDA) and leading by merely 4 seats on number 2, the reality is that this party became the largest fast and as they were only regarded as something not to be taken serious, the size they are now does not warrant such consideration, they are the largest player. Yet in all this, the issue is that 150 seats are there and a majority requires 76 seats, which cannot be done without some coalition that will require the PVV. In this the PVV is the only clear anti-EU party. The example as given by me in ‘A noun of non-profit’ (at https://lawlordtobe.com/2013/05/15/a-noun-of-non-profit/), where I state: “Consider a large (really large) barge, that barge was kept in place by 4 strong anchors. UK, France, Germany and Italy. Yes, we to do know that most are in shabby state, yet, overall these nations are large, stable and democratic (that matters). They keep the Barge EU afloat in a stable place on the whimsy stormy sea called economy. If the UK walks away, then we have a new situation. None of the other nations have the size and strength of the anchor required and the EU now becomes a less stable place where the barge shifts. This will have consequences, but at present, the actual damage cannot be easily foreseen”, What I predicted on May 15th 2013 is not just coming to pass, finally others are admitting that this is the future, a future they kept you in the dark about, consider that when you realise that this had been known for some time. They played their ignorance and fear mongering game and those who have done so are now considering what one more bad prediction will bring them. I still believe that it required the second of four to truly collapse the EU barge, but that reality is now getting closer, with the Republican push we see, the chances for Marine Le Pen getting elected as President is now an actual reality. I knew that there was a chance just within France and as President Hollande failed again and again her chances increased, now with the Republican view of nationalism, the French view only enhances that view for themselves, enabling Marine Le Pen as a possible President of France. This links to Jefferson Beauregard Sessions III and his conservative views. He plucks the same chords on the musical loom of government as Marine Le Pen will when it comes to immigration. In that regard, the choices that still have to come will make even stronger impressions for European nations as they unite or dissent from that view. You see, we still need to realise that America is 20 trillion down, which implies that if Europe decides to exit hard for the second European nation (France most likely), the economic view for America changes, especially as it has been a net importer of food and a few other materials. It would need to strengthen ties with Canada and Mexico by a lot, allowing those two to get a better overall deal, increasing the cost of living for Americans. At this point, we see that Wilbur Ross is now the strong favourite for the Commerce position. It is CNN that gives us a quote, which seen in a different light implies the issue I had for a long time. The quotes “Pritzker strongly supported free trade, traveling to 38 countries over her tenure. She advocated clean energy partnerships and the Trans Pacific Partnership deal” as well as ““Free trade is like free lunch: There is no free lunch,” Ross told Lou Dobbs of Fox Business in August. “Somebody wins and somebody loses. And unfortunately, we’ve been losing with these stupid agreements that we’ve made””, Here we see that someone visited 38 countries, which sounds like an office paid world tour and we know that is NOT the case, but all that travelling must be nice. Following that, we see Wilbur Ross stating that there is no such thing as a free lunch. That we have all learned, many of us learned it the hard way and the TPP was a bad deal from the get go for several nations. These quoted came from CNN (at http://money.cnn.com/2016/11/20/investing/wilbur-ross-donald-trump/index.html) and are at the core of changes for commerce, which will reverberate in both the English and French minds as well. So 4 of the 6 main nominees are also powering the European Exit. I believe that one of them is in for quite the challenge. Michael Flynn is a veteran on several levels, as a retired General he knows the military and as former director of the DIA he knows the intelligence whip. Yet, the premise he faced will start to change dramatically in 2019, as such the America he will be the National Security Advisor for will have new challenges, some none have seen before. Time will tell how realistic those challenges are, yet we are already faced with the limitations of dealing with 4G and the next wave is now less than 365 days away. The funds needed for cyber security and cyber development were never forthcoming, giving nations at large new challenges and totally new issues in Criminal law. All fields untouched to the degree they needed to be. Another reason why W. Ross and J.B. Sessions need to sit down sooner rather than later. In that regard, the UK needs to clearly revisit some of the protocols that never worked in the first place.

There are many changes coming towards us, some will drive others, some will just be met with complaints, and others will just drive the Democratic Party insane, which will be used to the entertainment of the media at large.

Leave a comment

Filed under Finance, Law, Media, Politics