Tag Archives: reuters

The next instance

The Reuters article ‘Facebook-owner Meta opens access to AI large language model’ (at https://www.reuters.com/technology/facebook-owner-meta-opens-access-ai-large-language-model-2022-05-03/) did a little more than I expected. It stopped me to set a larger stage of the system that was approaching completing in my mind. The stage where Amazon could sell well over 50,000,000 consoles now has the approach to a second wave, one I expected, but it also opened a side that I expected, but could not yet completely surround. It is like a drawing, we see the lines, but the fields were not complete enough to colour the areas. 

When you consider drawing one, you see water, but what happens when it is drawing 2? You think that it is merely a point of view and the water is larger, but there is a dimensionality setting that we forget about, reflections we forget about and consider that in light of the evolution of an unreal 5 engine. 

We now get an entirely different stage, and that is seen with ““Large language models” are natural language processing systems which are trained on massive volumes of text, and are capable of answering reading comprehension questions or generating new text.” You think it is a simple exercise but it is not, this opens new fields in exploration and the approach towards other directions. 

You see, I made mention of this in ‘Ignored options’ (at https://lawlordtobe.com/2021/07/31/ignored-options/) I wrote “I offered a solution in social media for gamers, Amazon has a kindle link that no one has, and I even wrote about a larger gaming stage via achievements, which could help Amazon and its moonshine (a Luna joke). Consider that I had to go from memory, the images (like covers) and keyword searches reveal nothing (to me), as such the IP might be in the open and that is merely a western approach. Places like India and Japan might have all kinds of additional path to acquire IP as well as writings to beef up the streaming games. And if I cannot find that, what else is out there from your youth that is forgotten by too many? As such Amazon Luna (Google Stadia too) have several paths to consider before they enter the stream battle with Microsoft and any exclusive that they can offer that Microsoft. Cannot merely pushes them to third or even fourth in another console war, it sucks to be Microsoft (Nyuk, nyuk, nyuk).” I wrote it on July 31st 2021, almost a year ago and now we see the larger station in the media. Meta is releasing the setting for the second wave. If it works as I expect, the 50,000,000 Luna stations might be a low-ball setting, it also pushes whatever Microsoft has to the deep background. Something to point at and giggle. The nice part is that Amazon could include this solution towards the Google Stadia (after some delay) ending Microsoft as a contender in this field altogether. 

I expected this to come, but I also it to come a little later, and now that we have a larger station and the other three landmarks of Amazon are close to complete the stage is almost ready, but will they pick up the advantage that they can get in streaming console world? I cannot tell, but for me it feels good to know that my expectations were more than spot on, and as Microsoft is nowhere near this and there is a technological advantage that THEY AGAIN overlooked, trivialised or merely ignored feels good, because that means that they are close to 50,000,000 consoles behind on a race they never understood and the higher THAT number becomes, the better I feel. The so called ‘guru’s’ of hardware are in the dark into a direction no one was looking in and that means that my 50M could optionally become 100,000,000 or more for ONE software solution no one has.  And it also means that my initial stage for income was well set. The initial payment might seem too low, but the second pay-cycle would have taken care of it and it could optionally make me a hell of a lot better off than I ever expected. And you know what the weirdest part is? The idea that I have the larger advantage over Microsoft feels better than any $$$ amount (not all mind you). 

And it is only Wednesday, whatever will I learn in two days time?

Leave a comment

Filed under Gaming, IT, Science

What’s the name, what’s the game?

I saw the news a few days ago, and for the most it does not matter to me, but there is an awful lot of hypocrisy going around and the media is (as I personally see it) as tainted as anything else. The stage is set to Elon Musk, or better stated is set against Elon Musk. Why? Don’t really know the man, but he seems the modern day Midas. Whatever he touches turns to gold. He made an upheaval in the battery market, the mobile market, the energy market. The man is (allegedly) an inventor like me, or he can see proper innovation just like Steve Jobs. How is this a bad thing? Consider the news that he was getting involved in social media. Why not? I do not know if it is a bad idea. But he has the dough to become part of it. Yet the Sydney Morning Herald gives us ‘Elon Musk launches $58 billion hostile takeover of Twitter’ (at https://www.smh.com.au/business/companies/elon-musk-launches-hostile-takeover-of-twitter-20220414-p5admv.html) as such lets take a look at what constitutes a hostile takeover? The definition gives us “A hostile takeover occurs when an acquiring company attempts to take over a target company against the wishes of the target company’s management. An acquiring company can achieve a hostile takeover by going directly to the target company’s shareholders or fighting to replace its management” is this true? CBS gives us ‘Elon Musk offers to buy Twitter for $43 billion’, so who is giving us the truth and who is giving a stakeholder a blow job? You think this is rude? You ain’t seen nothing yet. We can argue until the sun goes down, but the setting of finance is clear. If a company is worth it, or could become worth it, you buy it. This has been the case in many occasions. Yet no one is saying that about Microsoft and Blizzard. There we get ‘Activision Blizzard/Microsoft Deal Discouraged by Letter Penned by SOC Investment Group’, how quaint.

So it was today when I saw (at https://www.reuters.com/technology/twitter-adopts-poison-pill-fight-musk-2022-04-15/) ‘Twitter adopts ‘poison pill’ as challenger to Musk emerges’, it is the Guardian version where we see “The method, known as a “poison pill” in the finance world, suggests Twitter will fight Musk to prevent a hostile takeover. It would go into effect if a shareholder were to acquire more than 15% of the company in a deal not approved by the board and expires 14 April 2023.”You see my issue is with the ‘hostile takeover’ part. The guardian gives us those goods with “Jack Dorsey, Twitter founder and former CEO, noted in a tweet on Friday that such surprise purchases are always a risk for the company. “As a public company, Twitter has always been ‘for sale’,” he said. “That’s the real issue.” Musk is already facing legal action for his Twitter purchases, with one investor suing the Tesla executive in a potential class action lawsuit for failing to disclose his buy-up of shares before the required deadline to do so. The lawsuit comes as Musk faces a number of investigations by the Securities and Exchange Commission for his investment activities, including insider trading allegations related to his own tweets.” So we see ‘insider trading’, we see ‘hostile takeover’ but we are given no real evidence of either. Merely the word ‘allegations’ that everyone is overlooking. 

The stage becomes even weirder as we consider the actions that Microsoft unleashed on the gaming industry and it is casually trivialised by too many media outlets. 

In all this the statement “he wanted to release its “extraordinary potential” to support free speech and democracy across the world.” Is trivialised by “Twitter’s board on Friday unanimously approved a plan that would allow existing shareholders to buy stocks at a substantial discount in order to dilute the holdings of new investors”, there is no real setting of who these board members are, the media seemingly forgot about that part. These members that include Bret Taylor (SalesForce), Parag Agrawal (CEO Twitter), Mimi Alemayehou (Mastercard), Egon Durban (Silver Lake), Martha Lane Fox (House of Lords), Dr. Fei-Fei Li (Stanford), Patrick Pichette (Google), David Rosenblatt and Robert Zoellick (AllianceBernstein Holding L.P.) there was a unanimous objection to the purchase by Elon Musk and no media outlet had anything from these members with the simple question ‘Why oppose?’. There might be a very valid reason, but I and all others were not informed, so what gives?

We can speculate on why it was done. Elon Musk sees that the US is going after the billionaires. As such he might be buying anything he can to drop the tax rift, and lets face it, he has been turning things to gold and Twitter is a golden idea. So whilst we see all kinds of objections on how analysts see (and say) things like “KeyBanc Capital analyst Justin Patterson downgraded the social media company in the wake of Elon Musk’s buyout proposal. Patterson cut his rating to sector weight, after being at overweight since January 2021, saying that the potential for the Musk bid to “go up in smoke” will turn investor focus on a more challenging macro environment that elevates downside risk to financial estimates.” I personally honestly do not know what will happen, but when a person buys a company, a person that has transformed several companies into powerhouses, I wonder what really is going on. It could be simple, it could be complex, yet the larger station is that people laughed at Tesla and now we see “As of April 2022 Tesla has a market cap of $1.018 Trillion. This makes Tesla the world’s 6th most valuable company by market cap according to our data.” So as I see it, the joke is on them. What was an idea is now 6th on the most valuable companies on the market and that is behind Apple, Microsoft, Aramco, Alphabet, and Amazon and as I gave voice to Microsoft, there is every chance that it will head of Microsoft in the next 3 years. And that is whilst no one has a clue where Meta will end, because they will become part of the top 7 soon enough (2024), and that too is out into the market. So I have questions and the media is not asking the board members of Twitter, or Elon Musk a clear set of questions. And all that before someone decides to ask KeyBanc Capital a few uncomfortable questions. So what is in the name Twitter, what is in the name Elon Musk and what is in the shares game being played now. No matter what is happening, I feel certain that the media will not properly inform us, that mush seems a personal given. Yet in all this we see the approximation of “to support free speech and democracy across the world”, it seems to me that Elon Musk is giving us options, options in mobile technology and energy technology. Who else has been giving us that? I see questions and no one asking them, it is weird, is it not?

Leave a comment

Filed under Finance, Gaming, Media, Politics

Can a chihuahua win?

It is what I stated before, Iran will poison the well and that is exactly what I am seeing now (well 5 hours ago). Reuters gives us ‘Iran wants U.S. to show goodwill by lifting some sanctions prior to nuclear deal’ (at https://www.reuters.com/world/china/irans-foreign-minister-says-biden-should-lift-some-sanctions-prior-nuclear-deal-2022-04-10/), yes, Iran always wants something up front, even though they lack credibility. So when we are given “On multiple occasions, we have told Americans they should bring forward one or two practical points prior to any agreement, for example by releasing some of Iran’s assets withheld in foreign banks,” Amirabdollahian added.” We know that we are being played, so what happens after? Just one little added thing, just one more altered state? They didn’t state it as part of the deal, no, they want it upfront. There is logic to that, but when you have no credibility you really do not have a chance. The question now is this game going to be decided by chihuahua’s in Washington DC who will come with the ‘excuse’ that it was for the good of the deal? And when Iran adds an item, or just one small addition, and at that point we see that the US has become the loser Iran expects the US to be. 

So what will happen? To be honest, I am not in the know so I can only speculate. And all this whilst we got a day before ‘Iran sanctions 24 US officials over ‘terrorism’ and rights abuses’ (source: Reuters) and that is the setting. It is not a prelude to any nuclear deal. It is a pissing match and Iran is hungry for any win it can get, at the expense of anything and that is the same nation we all give time and time again for it to complete its nuclear challenges. So when that happens. What will the US do? Impose sanctions? And now, should you wonder what Saudi Arabia and the state of Israel will do. I reckon that Saudi Arabia will rely on what military hardware China can deliver. Israel will not have that advantage, but the larger station is that the world is about to learn the hard way what inaction does to both Israel and Saudi Arabia. And when we see that evolve the hard way, we get to see what is left of the US and it’s inactivity. So feel free to oppose and reject my notion. It is fair to do so, as a lot of this is linked to speculation, but as events unfold, as events go ‘my’ way. Remember that this was about time, about stalling and I personally feel that Iran has been given enough stall time. 

Just my $0.02 on the matter.

Leave a comment

Filed under Media, Politics

Trust, who you gonna trust?

Trust is something that is always out there. Some give it, some give it a little too freely. This is not to be confused with loose women, they merely do not care who to trust, they want a good time and 99.9963% of the hetero sexual men out there agree with me (and loose women too). 

Yet, in gaming trust is a dangerous thing. To see this we need to take a gander. In the first to the setting of Microtransactions. I am not against Microtransactions, it is merely an addition to the game and it is not free. Some are $5, some are $50 (and some a hell of a lot more). I believe that a fool (or a dedicated fan) will spend what they can afford and sometimes a little more. It is hard to keep the dedicated fans and the fools apart, but that is a very subjective view. 

Some wanted to go out and get the $5 for swords in Assassins Creed on day one, because these people start the game with a 5/5/5 sword (if you played the game, it will make sense). To the credit of Ubisoft, they CLEARLY stated that this is an item that could be earned in the game, and it was. Just not in act1, scene 1 of the game. There are a few other settings too, but Ubisoft clearly stated that with any item bought, that if it was obtainable in the game, they would let us know. Well done Ubisoft (I kicked them often enough, the good sides should be shown too).

I never accepted the loot-box stage. You see, for it to be gambling you need to lose it all, without anything to show for it. And tell me have you ever opened a loot-box and got the following ultra rare card?

No, you did not. So loot-boxes are not gambling. Neither are microtransactions, and it needs saying. Stop complaining. Buy it, do not buy it, just stop bitching about it. Now, some games are clearly upfront about it. The Hogwarts Legacy makers have stated that the game will not have any microtransactions. A good choice! There are others who are not that ‘elevated’ I have heard and seen some news on Gran Turismo 7 and there is some mess out there on microtransactions. I am not judging at present as I know too little, today is not about it, but it is linked. 

You see, to consider that we need to take a look at Reuters. I wrote about this setting in a different way, but they cover what I wrote. So (at https://www.reuters.com/technology/crypto-gaming-collide-high-risk-play-to-earn-economies-2022-04-08/) we see ‘Crypto and gaming collide in high-risk ‘play-to-earn’ economies’ and there we see “The 28-year-old from Bangkok was playing Axie Infinity, one of a new breed of blockchain-based online games, dubbed “play-to-earn”, which blend entertainment with financial speculation. These games can make for lucrative businesses amid the hype around NFTs and virtual worlds, attracting millions of players plus billions of dollars from investors who see the games as a way to introduce more people to cryptocurrency.” This is nice, such a sweet way to set the stage to playing youngsters (age 28) and the lucrative stage of investors. But when you take a gander to what I wrote on March 15th in ‘When is a slot machine not one?’ (at https://lawlordtobe.com/2022/03/15/when-is-a-slot-machine-not-one/) where I set the premise “The bottom of the slot machine fitted a credit card, some kind of crypto card. The slot machine also fitted USB-C sticks. The slot machine was a laundromat for crypto currency. And let’s face it, in todays world, who raises an eye on seeing a slot machine? I think my ‘associates’ had stolen a decent amount of crypto currency, which they laundered through the slot machines.” A stage where the slot machine becomes a cryptocurrency laundromat and the nice part is that it is also a slot machine and when the padlock is removed, it is merely a slot machine. The padlock was the second key of the chain to launder. You did figure that out, do you not? And even as I created some optional billion dollar IP (for Amazon) there is a much larger stage, because the current stage requires the oligarchs to launder whatever they can and there are solutions, some are not out in the open, but give it time. That need will surely come and my option is one that comes with the gamble option, launder the money or take a chance in gaining up to 75% in cryptocurrency by gambling. It will get the eyes of too many soon enough. 

My idea is clean, but some will subvert it, like some subverted the clean Mass Effect loot-boxes whilst they tried to fill their pockets. How long until someone figures out the 5G part that is NOT out in the open, until someone figures out its secondary stage? And all this is before the Hybrid era, the era that Meta will open up for EVERYONE. I wonder who will try to fill their pockets and how many will try to figure out something I put here months ago. I have time, I can wait, two of the events are now on 4Chan, so whomever breaks the codes has a clear path to a lot of revenue. I’d rather leave it out in the open for free than give it to some idiot at Microsoft. And if Google and Amazon do not want it? Then freeware it becomes. The person who is willing to destroy a thing, controls that thing. Ron Hubbard wrote that in the 70’s, the greed driven never understood it, for them it was always a  stage for compromise and negotiation. Lets all have some of it. Not me, I would rather see them squirm as a vagrant in agony than give in to the weak minded iterative spreadsheet users of this century. Let them return to the dust they came from.

So who you gonna trust? Trust and believe in yourself and only that. It is the stage that leaves wannabe friends outside. True friends will accept that and that is the difference.

P.S. I just finished my 2301st article, cool!

Leave a comment

Filed under Finance, IT, Science

Ko Inky Dink?

Before I begin, there is something you need to know. I understand and agree that we ALL need anti viral protection. In the old days there was Norton (not that great) and McAfee. There was also Virex (an unknown for Mac’s), over time the setting evolved and in the last 20-30 years it was about the 4 big players Norton, McAfee, Sophos and Kasparsky. I stuck to McAfee and later on Norton. Norton had improved its system and it was basically a turn of a friendly card when I went onto the Norton highway. So for the most I remained in the dark. I hd a program, it seemingly works (you don’t know until things go wrong) and so far no issues (touch wood). It was about 4 weeks ago when I saw something pass by. It was (at https://www.cpomagazine.com/cyber-security/kaspersky-discovers-about-100000-new-banking-trojans-and-warns-about-increasing-mobile-malware-sophistication/) with the serious ‘Kaspersky Discovers About 100,000 New Banking Trojans and Warns About Increasing Mobile Malware Sophistication’, for me it was not interesting. I do not trust banking apps, not one of them, the more they offer, the more dangerous they are and as such I do not touch them. I know from the past the X-25 issues that were there and I will not bank online, I will not bank mobile. Some things are better the old way, at least they are somewhat more secure and I have set up triggers to alert me if anyone wants to activate my online banking and mobile banking. So as the article gives us “Kaspersky’s Mobile Threats in 2021 report noted that the number of mobile trojans detected almost doubled in 2021, while the total number of mobile attacks declined during the same period. Sadly, the increased sophistication of the attacks, malware functionality, and attack vectors, coupled with the emergence of new players in the market, compensated for the reduction in the number of attacks.” I saw this coming (to some extent) a mile away, that is why I created a 5G solution that reduces the risk. It does not nullify it, but the transgressions are limited to the high tier hackers, I speculate that I can stop a third of the danger, which is not bad. At that point I did wonder why it was Kaspersky alone that reported it, nothing from the other three, but I left that in the air. So today (late last night) I got alerted to ‘Remove and replace Kaspersky AV, says German cyber intelligence’ (at https://www.itnews.com.au/news/remove-and-replace-kaspersky-av-says-german-cyber-intelligence-577390), which is odd. The timing is definitely off. I am not judging, I cannot tell whether it is true or not, the article does give us “In 2017, the United States banned government agencies from using Kaspersky products, with the European Union following suit the year after.”, as well as “BSI has now extended the advisory to all Kaspersky customers, telling them to swap out the Russian antivirus with an alternative security product.” So what evidence was there. Why was this not in places like The Verge? 

And when we get ““A Russian IT manufacturer can conduct offensive operations itself, be forced to attack target systems against its own will, or be spied on without its knowledge as a victim of a cyber operation, or be used as a tool for attacks against its own customers,” the BSI wrote.” OK, I get it, there is OPTIONALLY a risk and people need to be aware, but if this risk was known in 2017, why was it only now and not two weeks ago that we were informed. Moreover, why is this merely the German intelligence, why does Reuters not have an American point of view with all the ins and outs? There is also “Kaspersky had moved its data infrastructure to Switzerland to counter hacking and spying allegations by Western nations”, which I get. In the end I have questions, is Germany merely an American tool spouting McCarthyism to a larger degree? I wonder why the German Federal Office for Information Security (BSI) did not counter or support the Switzerland element in that equation. If Russia has tools and support in a place like Switzerland, I reckon that the Swiss would want to know. 

So personally the issue with a coincidence factor is just too weird here. I am not stating the BSI is wrong or misinforming us, but personally I feel that the articles in Reuters and ITNews would require adjustments. The search (Google) gives nothing on Kaspersky and the LA Times, New York Times and Washington Post. Why not? The articles are 18 hours old, one of these three should have picked them up at least 8 hours ago, as such I have questions. Don’t you?

Leave a comment

Filed under IT, Media, Military, Politics, Science

A symphony in only two parts?

That is the question at times. We see two events, two articles and we forget that there are a dozen other connections. I am not different, at times I overlook them too, not always but frequently. It is a mix of a larger stage, more connections, more unregistered events. Yet for now we start with the first nail in the coffin of American economy. The article from Reuters (at https://www.reuters.com/world/middle-east/saudi-arabia-invites-chinas-xi-visit-wsj-2022-03-14/) gives us ‘Saudi Arabia invites China’s Xi to visit’, the article states that this could be as early as may. Right before the Midterms in November 2022 the US is now likely to face that dozens upon dozens of billions walk from the US side straight into the hands of China (and me missing out on commission, darn). Is this a given? No, of course not. There could be a dozen reasons why President Xi Jinping might be visiting. But how often has ANY Chinese president done that? And Crown Prince Mohammed bin Salman Al Saud is eager to set his defence and SAMI to higher values and I was clear in the two years that this was coming and as far as I can tell, President Biden has soured the waters enough for this to become a reality. Some focusses on weapons being sold, I say in THIS economy you should not ignore the nations Saudi Arabia, India, Egypt, who are the largest importers. In this stage where the US HELD 37% and China only 5.2% the stage is now set where China can progress a lot higher on that list and should they get the bulk of Saudi and SAMI attention there is a clear stage where the new numbers will represent (2023/2024) could state that the US hold 25% and China then could be holding 17.2%, it then places China right next to Russian exports and the US a lot more to that stage, a stage where it is now an almost fair fight between the US, Russia and China, but to be clear was that EVER an economic stage where you WANT a fair fight? A stage where China overtakes both France and Germany as supplier? This is the stage that could inhabit the Middle East and that is merely the beginning. You see the partnerships that the Kingdom of Saudi Arabia and Egypt have also sets Egypt in the sights of China as a defence trade partner, a stage a few people overlooked and that drives Chinese export achievable needs up a lot more. So the damage to the US might increase over the coming year and those who want to be in denial, go right ahead, the article with ““The crown prince and Xi are close friends and both understand that there is huge potential for stronger ties,” the report quoted a Saudi official as saying. “It is not just ‘They buy oil from us and we buy weapons from them’.”” I like the part “It is not just ‘They buy oil from us and we buy weapons from them’” the best, it might not be merely just, for China that is a good deal in several ways and when that deal gives China more oil, it will mean that it gives the US less oil a stage they feared for some time and the oil market has been volatile on these fears alone. So when I was mentioning that whatever relief the oil prices give us today, tomorrow will be different and now we see that fear come to fruition, not immediately mind you, but the price of fuel will go up again and again, how high? I cannot tell but the stage where we saw the American administration make statements like “You can pump more oil, so pump more oil!”, it was nice but there is now every chance that the extra oil (plus a little more) goes to China. Will the UAE do the same? I cannot tell, but the US better become best buddies with Sheikh Khalifa bin Zayed Al Nahyan and Sheikh Mohammed ibn Rashid Al Maktoum, because if I see this right, the US will need every friend it can muster in their oil needs (a few others too) and in that need they better realise that catering to Iran will not merely be unrewarding, it will soon become dangerous on more than one field as well. I mentioned two years ago that yielding the Middle East to China would be one of the most dangerous things ever, and that was merely economically. Now we see one field exposed and the construction opportunities in Neom could also go towards China, a stage that makes the US (EU too) more and more irrelevant, a stage the US themselves threw upon their own economic needs. Now that it is becoming more and more realistic these people will not be allowed to cry with the “Why oh why” statement like little chihuahua’s. Or as my grandmother used to say “You do not bite the hand that feeds you” a practical lesson that the US will now face within the next 3 months and the 2 years that follow. A stage that the Biden Administration failed to spot in some stage of ignorance and now as we see it optionally unfold (it might be that President Xi Jinping is visiting to buy real estate in Neom) some might see the dangers that are coming the next year or so and the impact over the next decade. I merely loose out on commission (oh, poor poor me). 

 

1 Comment

Filed under Finance, Military, Politics

Where are we heading?

That is the stage we comment on and most comment on events in Europe, most would and that is not bad. But something happened in Lebanon that got my attention (something is always happening there). You see, many might have noticed ‘UAE set to be put on money laundering watchdog’s ‘grey list,’ report says’ (source: CNBC), we are given quotes like “The Financial Action Task Force, an intergovernmental organisation dedicated to combatting money laundering and illicit cash flows, is set to put the United Arab Emirates on its “grey list” over concerns that the Gulf country isn’t sufficiently stemming illegal financial activities”, now I am not debating it, it might be true, it might not. I cannot lay claims to events I have no data on. But whilst we see that, Reuters also gives us (at https://www.reuters.com/business/finance/lebanese-bank-closes-over-30-british-held-accounts-after-uk-ruling-depositors-2022-03-04/) ‘Lebanese bank closes over 30 British-held accounts after UK ruling-depositors’ group’. There we see “A Bank Audi official told Reuters the bank was “asking that the UK residents apply the terms applicable to anyone opening a new account: no international transfers, no cash withdrawals””, so just to help me out. You create a bank account and you are not allowed to withdraw cash? How does that make the bank a bank? And we also get “More than $100 billion remains stuck in a banking system paralysed since 2019, when the economy collapsed due to decades of unsustainable state spending, corruption and waste”, as such my question becomes what on earth is the Financial Action Task Force doing monitoring banks? First Credit Suisse, through state sponsored hacking and now we see Bank Audi. Two elements showing a massive cash stage running into the hundreds of billions. So what the hell is the Financial Action Task Force doing? Why are they not investigating banks? We see the mention of Switzerland, the United Arab Emirates, the mention of nations, not banks. Banks are seemingly flying below the radar and we see an alleged flaccid response from action groups. Oh and it would be nice to see specifics. Not some journo’s BS approach towards emotional garbage. I discussed this in ‘The presumption is mine’ (at https://lawlordtobe.com/2022/02/21/the-presumption-is-mine/) where I wrote “so all that space on what amounts to 0.03% of the entire amount. Just like the ICIJ, shortsighted and a waste of time. So we get repeated invitations to explain 0.03% of what is such a massive leak? Is anyone waking up yet?”, now if the FATF did its job and also gives us why the UAE needs to be on a grey list and NOT the bank it becomes a different story, optionally an acceptable one. That same setting applies to Switzerland, home to 242 banks and Credit Suisse. Oh, and before I forget the data leak never explained (it never will) why such harsh methods needs to be applied to the other 242 banks. No one ever asked that question, not other authorities, not the wannabe journalists either. Is that not weird too?

We need to see where we are going and what games certain parties are playing. I saw the Credit Suisse for nothing but a simple fishing expedition. A chumming exercise by the NSA (most likely culprit) to get some of the fish out there. And no one saw that? I am clever, but I am not that clever (compared to self proclaimed clever people), which (as I personally see it) implies orchestration. 

Am I right, am I wrong? I also ask that question from myself. The Switzerland setting alerted me to weirdness of it all, the UAE draws the setting to the surface. The UAE and its 20 local and 30 foreign banks. Yes that is also the case, so the FATF better come with a very good and very large folder with evidence on a whole range of banks. And before you think the UAE does nothing, we saw a week ago “The government confiscated assets worth $625m last year.” As such I hope that the FATF can prove its setting of “concerns that the Gulf country isn’t sufficiently stemming illegal financial activities” it seems that the UAE has proven activities, so is the FATF merely blowing its own horn? Perhaps it needs to look into the Audi bank and a few other banks too and several of them are not in Switzerland or the UAE. When we see quotes like “About $227.8 million money laundering in USA in 2020 according to our calculation that based 2020 Money Laundering Offense Report”, so how much did the US confiscate? Just asking.

Leave a comment

Filed under Finance, Media, Politics

The thin ice

We all step on it at times, at the moment it is me, I am standing on the thin ice, but I feel it is important to stand here. I see all the anti Russian propaganda and tweets and I get it, I really do. But then two events were shown that made me wonder. The first one was given to us by Reuters. It was (at https://www.reuters.com/world/us-orders-12-russian-un-diplomats-leave-by-march-7-russian-envoy-2022-02-28/) ‘U.S. expels 12 Russian U.N. diplomats over security concerns’, not just diplomats, UN diplomats. It is true, the UN value has been overrated for some time, but in this case, I am not sure it is a good idea. The article gives us “The U.S. mission to the United Nations described the Russian diplomats as “intelligence operatives” who had been “engaging in espionage activities that are adverse to our national security.”” It does have the term ‘national security’, so I reckon we will not hear the actual truth until 2042. Then we get “Those diplomats that have been asked to leave the United States were engaged in activities that were not in accordance with their responsibilities and obligations as diplomats”, I cannot oppose it, I cannot disagree with this, because I actually do not know, but it was ‘months’ in some setting of investigation and they chose today of all days to come forth with this? That does not make it not true, but it raises questions, it raises several questions and I am not the person with the answer. Perhaps they interfered with the US shakedown on oligarchs, perhaps they were actual spies. And when I saw it I initially shrugged and let it go. But then David Heroux (CBC) gives us the image below and it is important to see it. 

You see, I have always been a fan of the idea to keep politics OUT of sports. Sports are to be left alone, now that does not mean that it is always possible, but really? Throw the Russian Paralympic committee out? Of all the places they COULD have been thrown out, that was the Paralympic place. And at present the least said about the UEFA and FIFA their actions the better, these money grabbing dodo’s are not worth any consideration at all.

You see, this is not merely about the Russians, it is about us. What did WE actually do in Syria? What did WE do when there was a chemical attack? The US was cowardly enough to keep to the left and out of it, yes that was not what they investigated. The doctors reported, the US has several satellites overhead, but NO ONE saw anything. Then we see a similar setting in Yemen again. How many actions AGAINST Iran were taken, I am not talking about economic sanctions. I am talking ACTUAL actions. Some might have seen news (somewhere in 2021) that Iran exported more oil, yet did not make more money, they stated that middle men gained more profits, so the CIA and FBI can hand over a list of those middle man people can it not? I reckon not. A nation that is bankrupt needs every coin they can get and this game has been going on for years.

It is the hypocrisy we see. I am all for Ukraine, I think they are allowed everything we can offer, but that was not the case for Syrians, that was not for Yemeni’s was it?

I get it, that some people have vested interests and that is fine, governments should keep vested interests out of it. At present Syrians and Yemeni’s wonder why the Ukraine can get help in days, whilst they were waiting for years. I cannot explain that injustice, can you? So, I here admit that I am on thin ice, I really do. Yet there is a larger injustice seen and it should not stop people from helping people in the Ukraine, but they need to understand that there have been fires going on since March 2011. I would state that we do not close ALL the doors towards Russia, which makes me wonder about the UN issue, but I admit, it might have valid reasons, the timeline is just a little too warped and there the media is optionally equally at fault. Yet at present I feel convinced we need to keep politics out of sports, there will be a time when that informal route is the only route we have and we should keep it safe, in addition we keep the athletes out of politics, games are for us all, politics are (alas) not. We are given an hour ago by the Guardian ‘Russia’s NHL hero Alex Ovechkin has a rare chance to hit Putin where it hurts’, I disagree. He is an athlete, in the NHL and he is very good. He is not someone’s political tool. We get that people need to speak out, and if he does it of his own accord that is fine, it is his right. But it is not ours to make him our political tool. A lot of people might not agree with me, but that is where I stand. I get it, in the past he was pro-Putin, his choice and at present he most likely regrets this and it is his option to alter that course (make amends seems to crass). It is not treason, he is still Russian, he merely plays a game in the US an he is one of the best on the planet. We all make mistakes, some small, some larger. Yet should he be held accountable for actions he cannot control when the CIA refuses to shine the limelight on Iranian actions because the national security agenda has different topics? There are two measurements in play and we are fed both at the same time. It is dangerous and it is wrong. Feel free to disagree (it is your right) yet also take time to ask people in Syria and Yemen how they feel about these two measurements. Just my thoughts on the matter.

Leave a comment

Filed under Finance, Media, Military, Politics

The stage I cannot see

If you have seen my articles, you see that there is very little, basically almost none on the Bitcoin. I do not know Bitcoin, I do not trust bitcoin and when it collapses you lose everything you invested. It is not secured by Gold, not supported by banks and that list goes on. From November 8th 2021 the price was $91,150, on January 22nd 2022 the price was $48,800. As such over a period of less then 3 months its price was reduced by 46%, optionally wiping out the retirement funds of all these wealth seekers. This is not negatively meant. Some do it because they are desperate, their retirement funds were already diminished, driven by speed marketing on social media, after all the media advertisement making the weak approach “If you bought 10 bitcoin in 2010 you would have made $500K by now, how much could you make over the next 10 years?”, mind you nothing illegal is done here, it is merely the application of imaginary wealth appealing to the desperate. 

Could I be wrong?
Absolutely! That does not mean that I will trust the Bitcoin (ever), and if consultancy is paid in bitcoin, I would transfer it to normal currency immediately. So as Reuters gives us ‘Bitcoin’s true colours shine in stampede to safety’ (at https://www.reuters.com/breakingviews/bitcoins-true-colours-shine-stampede-safety-2022-02-23/) we see “as the Russia-Ukraine crisis deepened on Tuesday read more , the price of bitcoin fell as much as 5% from last week’s close, to around $36,348. The decline marks a notable contrast to the rally triggered in traditional safe havens like U.S. and German government bonds, or gold, whose price on Tuesday hit its highest since June 2021”, this makes sense to me. Gold is something we can touch, German bonds less so, but Germany has a massive manufacturing and resource options. So it makes sense to me. As such the statement “Volatility can therefore bring big rewards when the cryptocurrency rises. It also means outsized losses when it falls”, yes that makes sense, marketing sets the view to the positive whilst trivialising, or not mentioning the dangers and at present I personally believe that dangers are seen that remind me of the great depression (1929-1939), now one event does not make for a nuclear winter, neither does two or three, yet the stag is getting more and more like the stage that drove the great depression. Unfair trade events, connected triggers like we see in “The Eurekahedge Crypto-Currency Hedge Fund Index, for example, which tracks fund managers focused on decentralised digital money, fell about a fifth in January, its biggest decline since November 2018. It was a tough month for hedge funds in general, but a broader industry benchmark declined only about 1% during the same month”, this seems to reflect on events that we saw in the great depression, but you would be wrong, I would be wrong too. In the great depression there was a large shift, but it was based on a few local events. This time around the events are global and they trigger global events, the impact could be a hell of a lot larger and the impact could be felt a lot longer, but that would be pure speculation from my side and a side that has NO ECONOMIC degrees. I create stories and I create IP, the critical mind is required in all three fields as is creativity. It allows me to see past the normal view.

As I always saw it the bitcoin is not a sanctuary, more often it is not even a shelter, or a simple rain shield, that being said, it could be one hell of a ride for thrill seekers and I get that. 5 years ago the Bitcoin was $1,650, today it is $52,260. If you could invest 5 years ago and you are willing to consider 100% loss it would be a thrill ride that made you a winner. But the other way around? It is not out of consideration, what was $90,000 in 2021, will that be higher or lower in 2026? There is no way to tell and some thrill seekers are willing to make that bet and that is their right, but there should be better protection for the desperate. You see, I accept that no one broke laws, the ‘investment seekers’ are allowed to do what they do, I get that. But what is next? Take a chance on being a drug mule? Transporting a box for a party? That is the dangers a lot of places are facing and in this time and age, that is too big a danger. Exploitation is seen everywhere, there is a sucker born every minute. It is their own fault to a larger degree, but does that mean we should remain inactive? 

1 Comment

Filed under Finance, IT, Media

When the well dries

This is a setting many businesses know. They want to get back to work and they are unable to. The well has dried up, the people after sitting (forced) at home, being with family suddenly start remembering what is important. There is of course the other issue of issues like discrimination, ageism and a few more isms. Suddenly these places cannot find the people and they cannot approach the people they turned down 2-3 times. The well has a bottom and that bottom is in sight. For those seeking jobs the meadow clears up, the more stupid people with their anti vaccine issues, the more will be dead and that means jobs and cheaper houses. A blessing on all houses so to speak. In the UK yesterday 167 jobs opened up (speculation as I do not know the age groups) and in the US up to 873 jobs opened up, the meadow looks like a decent place in the sunshine. So between the UK with up to 159K lost workers and the US with up to 942K lost workers the pickings for some are rather slim. So when I initially saw ‘Raytheon says it is a ‘target’ of a DOJ probe into industry hiring practices’, I wondered what was up. Raytheon is no  WallMart so their sea of choices was never very big to begin with and the people have a much larger need to stay at home. It was “Raytheon had received a subpoena in late 2019 focused on alleged hiring restrictions between Pratt & Whitney, a subsidiary of Raytheon, and some of its suppliers of outsourced engineering services. It also included requests regarding Collins Aerospace”, as well as “A former Pratt & Whitney employee and some other employees of outsourced engineering suppliers were charged in December for restricting the hiring and recruiting of engineers and skilled labourers in a way that violated antitrust laws.” I get it, there are certain rules in place and they must be adhered to, yet this is almost ludicrous. You see Pratt & Whitney is a subsidiary of Raytheon. It seems out of focus and out of touch. We see more detente between Vladimir Putin and Joe Biden in these heated times. It feel like (a personal speculation) that someone at Pratt & Whitney would like their sibling organisation to be valued a little longer. It feels highly political and that is a weird stage for Raytheon to be in. Now I get it, there are laws and I am a creature of laws, so there is a setting I can appreciate, especially when it is between two of the three (Google, Amazon, Apple), to see the DOJ go batty on Raytheon and its sibling seems counter productive on a few levels, and more in these hard to find people times. 

Oh, and due to shoddy programming on the side of Reuters, the link has not been added here today. The stage is not properly set (for both Raytheon and Reuters), I am not sure what to think, and wherever I look Raytheon comes out as the employer to be with in many places and many sources. So there is a real drive to get to Raytheon. The question becomes ‘How does Pratt & Whitney fare?’ Well checking that, it seems that these people are in a similar setting as Raytheon is. As a sibling of Raytheon it makes sense. So I go back to the DOJ need, why is this on their table in the first place and when setting the stage to ‘former Pratt & Whitney employee’, I wonder what his/her beef is, more important when the ratings are that good, why would anyone want to leave Pratt & Whitney? I am not making an accusation, I am asking and the fact that the Reuters article was lacking on several sides, optionally hoping that the name Raytheon would call the reader in (which in my case it did), there are all kinds of questions. Yet I hope that the DOJ realises that 942K people left to job pond (in a coffin), the need to look beyond the law seems essential in this case. And that is just the US, whatever they have in Australia will have its own numbers and consider that Northrop Grumman, General Dynamics, and Thales are fishing in the same pond, the issue is a dangerous one and it merely helps their opponents. 

This can be seen in mere minutes, so the DOJ issue whilst based on a perfectly clear legal balance (one Reuters never presented), is still a dangerous place and when siblings push them into that limelight, I merely wonder what is going on. 

Leave a comment

Filed under Law, Media, Military