Tag Archives: reuters

October 31, 2014 · 11:06

What was once America!

This story will go into a very different direction, it also holds several values that might not be agreed with and several are debatable to begin with.

You see, we are allies of America and I am fine with that. I think we need America in the free west, but the actions of America makes them more and more ‘unwanted’. As we see changes on the global scape that is all over the field, we see an America that has become unjust, unequal and desperate for political points on a sliding slope for governmental bankruptcy.

Perhaps some remember this: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness”. It is in the constitution, a tourist attraction, currently on display north of the National Mall at 700 Pennsylvania Avenue, Northwest, Washington, D.C. Most Americans have forgotten it, we might state that the bulk of Americans, might remember it, but they do not know exactly what it is any more.

I did make a few accusations, here is the reasoning (without it, an accusation is just hollow).

Unjust

Injustice is harder to state, we see it, many feel it, but where is the injustice? There is social injustice, economic injustice, racial injustice? As American is a nation of laws, there is also a part that is not covered by laws. Yes, there lies the injustice, consider the enabling of wealth as I wrote about it on September 29th in the article ‘Vindication‘, how “Sens. Elizabeth Warren (D-Mass.) and Sherrod Brown (D-Ohio) are both calling for Congress to investigate the New York Federal Reserve Bank after recently released secret recordings show the central bank allegedly going light on firms it was supposed to regulate” which came from the Huffington Post. We see an enabling force to those swallowed by greed and wanting ever more. Racial injustice remains, as it always has. This is not meant to be an attack, but a mere statement of fact.

Unequal

This is seen in the Business Week article of last April (at http://www.businessweek.com/articles/2014-04-03/top-tenth-of-1-percenters-reaps-all-the-riches), it boils down to the fact that the top 1% owns the same wealth as the bottom 90% of the entire American population. The wealthiest 85 persons on the planet (not all Americans) have more wealth then the sum of the bottom half of the planet, if we consider this as an iceberg, then we see 9% above water, the rest is just drowning. This sliding measurement of equality is even more visible in America, whilst the Walton Family gains billions each year, the bulk of its entire full time staff is on food stamps and requires additional government support. Some would argue that workers value is where we value it at, but in this age of exploitation we see that as people are numbered into spread sheets, we see how people are numbered out of existence. We see large places (not just Wal-Mart!) sell at ridiculous low prices, which gives us “at least two of the factories on the list have continued to send massive shipments of sports bras and girls’ dresses to Wal-Mart stores in recent months, according to interviews and U.S. customs records“. Consider getting three sport bra’s from Wal-Mart at $8. I took that article as it requires a little more work than a boxer short. How can you make any profit on something that seems to be cheaper than the bare materials required; now it needs to be made, packaged and shipped? How dim is the person thinking that things are truly made that cheap? When we read on how some clothes from Wal-Mart comes from Bangladesh, where ethicality is out the window and the children get to work for a living and a future they will never have. How surprised can you even be?

Desperate

Now we get to the good stuff, here is where the connected danger lies. There is a presumption that you must take into account, much of this is directly from news sources, I have tried to focus on certain parts, but as any analyst can tell you, the better the data quality, the more reliable the information and the assessment of that what is in play. The first part is ‘Binyamin Netanyahu ‘chickenshit’, say US officials in explosive interview’ (at http://www.theguardian.com/world/2014/oct/29/binyamin-netanyahu-a-chickenshit-say-us-officials-in-explosive-interview), of course, there are questionable issues with this, or was the ‘slip of the tongue’ literally applied. The quote “The other day I was talking to a senior Obama administration official about the foreign leader who seems to frustrate the White House and the State Department the most” (at

http://www.theatlantic.com/international/archive/2014/10/the-crisis-in-us-israel-relations-is-officially-here/382031/), you see, this has been discussed by me before, however, until now, most of it was debatable (as I would readily admit), and in light of these two articles we get a new vision. I wrote about all this in ‘Selling Israel‘ on October 3rd and ‘Puppet on a string‘ on July 30th. These were about the side of Israel, now here we see the side of America. America is in a bad way, it needs to show resolve, it needs to show success. This current administration has bungled more than once and as the tally comes, they are seeing that their balance is not good. “Israel has rebuffed those requests and demands in ways that have been very embarrassing to Obama administration” from US News, as well as “Kerry, who made pursuing Middle East peace a cornerstone of his time leading state, was a part of the peace process that collapsed earlier this year, and relations between Netanyahu and President Barack Obama have long been chilly further complicating any hope for a resolution to the region’s strife“. I foresaw several of these points never working in July, so why did some think it was ever going to work? Israel is surrounded by people who want them dead, ever since WW2, they still want to wipe Israel from the face of the earth. That will NEVER ever be the setting of success. An interesting article can be seen in the LA Times (at http://www.latimes.com/opinion/op-ed/la-oe-makdisi-israel-apartheid-20140518-story.html) in regards to Israel and apartheid, with the link to the International Convention on the Suppression and Punishment of the Crime of Apartheid, adopted by the U.N. General Assembly in 1973. I do not completely agree with the article, as Israel has been the victim of apartheid, pretty much since Germany European Tour 1939-1945, so as we see the term apartheid, are we certain that it is correctly applied? When we see the quote: “While overcrowded Palestinian schools in Israel crumble, Jewish students are given access to more resources and curricular options“, which sounds nice, yet consider the no-stop attacks on Israel, in August 2014, the numbers if even partially correct, implies that the funds required to fire these missiles in one month exceeds ten times my average annual income of the last 15 years. So, perhaps not firing missiles and using the cash for upgrading schools might be an idea?

Yet, this was all about America, why the side step? America needs success stories, John Kerry came up short, which we knew was going to happen, yet this is not the only issue. If Donald Trump is even only partially correct, then we will see no later than march 2015, that the US will get an enormous fall in economy, a large rise of the jobless population and the cost of living will go through the roof making America not that great a place to be. In addition, as we see in Moneynews (at http://www.moneynews.com/Outbrain/Trump-Aftershock-American-Economy/2012/11/06/id/462985/), in addition In 2006, Robert Wiedemer and a team of economists foresaw the coming collapse of the U.S. housing market, equity markets, private debt, and consumer spending, and published their findings in the book America’s Bubble Economy. Now we have ourselves a party, as the US is losing ground, as they are losing the economy and as they are again in some dispute with ISIS (one that they should have dealt with some time ago) we see a nation with bills, no real production other than virtual events and one with an aging population that needs an almost exponential need for healthcare and social security. In that field we now see a faltering democratic party that needs to score, which gets us back to the Israel debacle. The quote at the end states “Instead of attacking Israel and forcing it to accept suicidal terms, it should be strengthened. I call on the US administration to renounce these coarse comments and to reject them outright“, here we see the crux. America lost out to Israel on selling missile technology to India. It is only half a billion, but there is prestige on the line, in addition to long term additional orders we see that Israel has taken a step forward. The fact that they also got drone technology from Israel gives pause to wonder, is Israeli merchandise better, or is the US too expensive? That debate is up in the air as I have none of the facts, but in an age where any bit of good news counts, losing 0n these two orders just does not help, insulting the Israeli Prime Minister might have additional consequences, I personally see it as a consequence of not getting a grip on the deficit for half a decade, more and more players in the field are now seeing that America WAS a great nation, its future however remains for now extremely uncertain, a possible legacy that the Democratic party is desperate to prevent. It is not just my voice here, to some extent we can see similar issues in the Washington post, which does not suddenly make my revelation fact, but it does show that there is an issue of leadership, on that is showing to be unable to do what actually needs to be done.

It is also important to give notice to one element that was not within their control, Wiki-leaks, when it released the diplomatic cables instigated waves of hardship that were equally unjust. Not because of what they published, but because they published only one side, the American cables, which means that America was continuing a poker match whilst all their cards were in the open and the others remained hidden. This is not the largest issue, but it is an issue. We see ‘attempts’ to get another peace talks in the works, we see America now talking to Iran, Gaza is not going their way and Russia remains a hot potato, these are all reasons for concern, but to what extent?

That is at the heart of the matter, yet it is also an unknown, we might decide to trust the IMF, the DOW and other proclaimers of good news, yet in the last two years, most predictions were missed and overly positive.

Consider these two texts: “After a temporary setback in the first quarter of 2014, the U.S. economy has rebounded. Temporary constraints—an unusually harsh winter and a sharp correction to an earlier inventory build-up—have now receded. Growth reached an annualized 4.2 percent in the second quarter. Improving housing activity, stronger on residential investment, and steady payroll gains suggest that the rebound is becoming more sustainable (Figure 2.2). The unemployment and labor participation rates stood at 6.1 percent and 62.8 percent, respectively, in August” From the official World Economic Outlook for the IMF.

The second text are two texts from the same article: “The third-quarter gain in output outstripped economists’ expectations, but growth in domestic demand braked to a 2.7 percent pace after a brisk 3.4 percent gain in the April-June period, giving the report a softer tenor” and “A slowdown in inventory building weighed on growth, and economists warned that pressure would likely persist into the fourth quarter“, the second source is Reuters (at http://www.reuters.com/article/2014/10/30/us-usa-economy-idUSKBN0IJ0A020141030).

The people are bombarded with several DIFFERENT sets of results (which look like statistical results); we see a massive push for reports on a restoring economy, which is in all matters not exactly true. Yes, the economy is picking up, but the only ones truly seeing that happen are those who are a member of the top 9%, also known as those not drowning at present. There is no real solution until America changes and I mean truly changes the way they operate and the way they hold people to account. Their solution of taxing the rich is equally unwise (stupid seems so harsh a label). I am not against holding the rich accountable, but that there is a difference, holding the rich accountable is not the same as taxing the rich, the latter looks, reads and smells like discriminatory injustice, which is what we do not want either. Yes, they must pay their fair share, but the emphasis is on fair. There is no real fairness at present, instead of designing ‘custom’ tax deductibility’s where only the top 2% gets a joy out of, why not tax EVERYONE and every business at 15% and make every tax deductible program obsolete, no hiding, no off-shoring and no complications. The current path is not working, it only works for the top 3% and they do not want change, so is adhering to them in an age of democracy not plain treason? Is America not for ALL the people (in America mind you).

By not acknowledging cycles and cold years of industry, all got sentenced to an autumn of life with only winter to look forward to, with every cycle, the autumn got longer, whilst captains of industry avoided winter, yet what came, the spring and summer are now shorter and shorter, whilst the autumn is getting longer and longer, which is doing no one any good.

This is what once was America, past summer in mid-autumn with as we see it now, 5 years of autumn ahead and possible no spring after that. When a nation is about the time past summer and only 1% gets to see the sunshine, life for a democratic option becomes less and less likely. This now gets us to the final part of the Israel debacle. As we watch USA Today (at http://www.usatoday.com/story/theoval/2014/10/29/obama-benjamin-netanyahu-israel-iran/18106253/) we see how the White House is distancing itself from insulting comments that unnamed officials made about Israeli Prime Minister Benjamin Netanyahu in a new magazine article. Distancing, not investigating, and not prosecuting, but mere distancing! The man who spoke is taking one for the team I reckon, a team I might add that once spoke so highly and still claims to speak highly on the USA – Israel bond, yet at present we see the quotes “US officials, while not confirming the reports, have recently said there are multiple combinations of ways that Iran’s breakout time could be extended, and the focus should not only be on the centrifuge numbers in a deal. The goal, US officials said, should be a deal that closes off all possible pathways for Iran to make fissile material for a nuclear weapon, either through producing weapons-grade uranium, plutonium or through a covert facility” (at http://www.usnews.com/news/articles/2014/10/28/the-endgame-for-iran-nuclear-talks) and “Discreet, low-level intelligence sharing: The United States can degrade Islamic State from the air, but Iran is crucial to root out and destroy them on the ground, at least on the frontlines. Since Washington doesn’t talk to Tehran directly, the Pentagon still presumably coordinated airstrikes with Kurdish and Iraqi intermediaries” (at http://blogs.reuters.com/great-debate/2014/10/28/the-u-s-iran-non-alliance-alliance-against-islamic-state/) all these events (including calling Benjamin Netanyahu a ‘merda di pollo‘, I used Italian to make it sound at least the tiniest fraction of diplomatic), now we see the links, as the implied brotherhood between Israel and USA is under strain, other parties seem to be brokering deals with Iran so that the current political democratic wind can leave the boots on the ground to Iran and the Obama administration is left with the statement ‘we kept OUR promise, no boots on the ground!’, a promise that was never realistic until they left that part to someone else. So how good are relations between Israel and USA as we see these developments?

This is open to debate, but as this economy continues, that what was once a great America is now for sale at Wal-Mart on isle 5 and its going cheap.

 

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October 18, 2014 · 09:43

As we grow expertise

An interesting story broke on the Guardian this morning, the title ‘Senior NSA official moonlighting for private cybersecurity firm‘ should catch our eyes in many ways, but for most of you it will seem wrong. The story is about an official named Patrick Dowd and how he, as an NSA official also worked in the late hours for IronNet Cybersecurity, yet never crossing the ethical boundaries.

You see, many will shout scream and all others of noises, but the plain and simple truth is that this happens ALL THE TIME. If you think that this is not true, then look at accountancy firms, look at Google and look at a host of other corporations. In this day and age, to get ahead you need to double dip your brain power.

Of course when doing this, knowledge, more precisely data cannot go from one to the other, yet the knowledge and the knowhow is there, which is the IP of the person holding the brain (aka the man with the thought out plan). Former General Alexander is heading a firm making well over 10 million a year (I will send him my resume shortly).

The article written by Spencer Ackerman in Washington (at http://www.theguardian.com/us-news/2014/oct/17/senior-nsa-official-moonlighting-private-cybersecurity-firm) gives the right nuance and is a good read. More important, between the lines he seems to be implying the question that follows from ““I just felt that his leaving the government was the wrong thing for NSA and our nation,” Alexander told Reuters“, he is of course correct, can we allow in certain areas to suffer a brain drain. Keith Alexanders pragmatic approach, if properly used earlier could have saved the intelligence hundreds of millions in the timespan 2003-2007; no one seems to be looking at that part. We seem to allow ‘dodgy’ accountants to sign off on unchecked quarters of billions, but when a soldier find alternative usage of his skills in non-criminal ways, we tend to shine the limelight on them. For this I only need to show the Reuters quote “(Reuters) – The new boss of Tesco (TSCO.L) has told staff he expects to be able to give a “clear and accurate indication” of the impact of a 250 million pound accounting mistake when the grocer reports delayed first-half results next week“, whilst trying to Google Pricewaterhouse Coopers reveals not one, I say again not one link that the press has taken one look at that part of the Tesco equation. So we can conclude at present (from the evidence as seen published) that for now, the backbone of the press is nothing more than a shoddy paperback!

Back to the Age of Cyber Alexander the Great, as we see the Huffington post, we see the quote “The FSR itself is a veritable tilt-a-whirl of revolving doors, with a steadily increasing lobbying budget on behalf of its corporate bankers and insurers and a roster of high-placed former government officials. For example, the FSR employs the firm of Barnett, Sivon and Natter to advocate its causes“, The Financial Services Roundtable (FSR) seems to be dealing with its ‘own’ mess by getting the bigger boys on the block involved. Now, whether the use of mess is qualified is depending on the view of where the responsibility of pro-active protection and support should be at. (at http://www.huffingtonpost.com/bea-edwards/the-nsas-keith-alexander_b_5515718.html), but there is no doubt in my mind, that those who would like to be (people like me), who have advanced data skills will have to clear the field to those with catered skills form the NSA, that is just a plain and at times, a little uncomfortable truth. If we look at the CCNA OSI layer as a comparison, then I would cover the layer two and higher, like most of us data boers (South African giggle), yet people like Patrick Dowd have layer one in addition. We all know layer one (physical layer), yet we do not actively interact with it other than a facilitation level. It is there that the difference of a million a month is easily spotted. We can all do it with time, but we were never able to work on that plain, that is where NSA bang for the buck resides. And let us be clear, this is a massive bang for all of the monthly bucks, because if you had not figured it out. RFID blockers are there for a reason, it is not a fab and it is not an overly worrying thing. The people (a very small group at the tip of the pyramid) would gain knowledge of a person beyond your imagination when they scan you as you pass by. The problem is not that you get scanned at times; it is where the flaws start on how thousands lose small amounts every day and no one is ever the wiser. Bloomberg reported in 2011 that hackers took a billion a year, that leak must be dealt with and this is just the small cash drains, when we consider other avenues, the loss of 1 billion might actually be the tip of another pyramid and as such the FSR will needed another game plan.

Keith Alexander saw this niche that was ignored for far too long and with the help of Patrick Dowd and others like him they are looking at changing the game and drastically reducing the losses. In a game of billions, 20 million would be a steal at twice the price. In the age of cutting down, a market hole was found and IronNet Cybersecurity is filling that niche nicely. Consider that the Securities Industry and Financial Markets Association (SIFMA), the Consumer Bankers Association and the Financial Services Roundtable (FSR) are only the beginning. It’s such a nice view where we see a former General turned data visionary could become the founder of a billion dollar company. This is not a boast, when we see that outside of the US the digital theft age is a lot more than just a simple 9 figure number, the exact amount is not known, we know of the fact that it is, but not how much, but when it is hushed up to this intent, we can safely assume it is to some extent worryingly high, so as such IronNet Cybersecurity is not the first, but it is likely to grow faster and larger then all others for simple reason of skills and access to knowledge, two elements the others do not tend to have to that degree on these fields.

What will be next? That is the question which is not answered with the final quote, but it shows a much larger field then many considered “Compounding the potential financial conflicts at the NSA, Buzzfeed reported that the home of chief of its Signals Intelligence Directorate, Teresa Shea, has a signals-intelligence consulting firm operating out of it. The firm is run by her husband James, who also works for a signals-intelligence firm that Buzzfeed said appears to do business with the NSA; and Teresa Shea runs an “office and electronics” business that lists a Beechcraft plane among its assets” If you think it has no bearing then think again. As the requirements for data retention grows as stated in more than one nation, the clear limits to skills and people, which have been noted by me and several others to some extend over several months, where do you think these telecom companies will get the consultants and knowledge from?

These places refused to grow expertise when they had the chance, pushing the need forward again and again, now these consultants are pretty much all that is left and training in house staff will get a lot more expensive soon enough, good business is where you find it, and it seems that Keith Alexander and Teresa Shea saw that companies were painting themselves into a corner, they only had to wait until the first one realised that they had no place left to go.

The consequence came to them as easy as eating pancakes, the cherry they got for free!

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September 15, 2014 · 21:31

IKEA politicians hammer changes!

Yes, the issues have come bashing through the walls, or in the case as Julian Assange claims it, though his floor from the apartment below. I feel uncertain what will happen to Sweden. Let me start by adding two sources. One is the Huffington Post (at http://www.huffingtonpost.com/2014/09/14/sweden-election-results_n_5819612.html); the other is the Guardian (at http://www.theguardian.com/world/2014/sep/14/sweden-election-feminists-greens-stefan-lofvan-social-democrats).

This is all in response to the initial setting that led to my Blog ‘Memory lane is a freeway‘, from last Saturday (13th September), which all started with some greed driven piece on something called ‘the sovereign investor‘, which did not make sense and let me indirectly to Natixis, who until then had stayed below my radar.

But why is there such an issue? You see I did not have any issue, just the text “But some political events have the power to destroy economies on a large scale. And Sweden’s vote is one of those moments“, this is at the core of the deception. It is not politicians who are failing, in the case of Sweden, some privatisations took the road of profit at the expense of quality; this had angered a lot of Swedes, which means no more easy profit and no exploitation of the elderly.

“A return to a Social Democratic government, allied with communists on the left, would see corporate profits plunge in Sweden as the state confiscates businesses’ earnings to pay for increased welfare payments“, reads like ‘American’ McCarthy like responses, yet Reuters gives us the clear reason why the Swedes are angry “Voters have been shocked by scandals over privately-run state welfare – including one case where carers at an elderly home were reportedly weighing diapers to safe money – and bankruptcies of privately run schools” (at http://uk.reuters.com/article/2014/09/14/uk-sweden-election-idUKKBN0H90XN20140914). So the article by a ‘profit seeker’ called Jeff D. Opdyke, leaves more than just a little to be desired. This is a clear showing on how a small greedy fish is exposing a titanic sized behemoth, whilst leaving all the other people wondering why we are allowing for these absurd levels of exploitation. So, thank you Mr person from Delray Beach, Florida for showing us just how greed and exploitation needs to be halted on nearly every level.

Now, I allow him his viewpoint, I do not agree with it, but that is his right. You see, when you privatise something, which is always good when the government does not have to, we must allow for two things:

  1. If it is profitable others would come quick, or to some extent taxation goes down.
  2. If someone tells us that they can do a better job than the government, all people should demand EVIDENCE on how they expect to do that.

Any of these two parts are nearly always ‘avoided’ in any privatisation, which means that we see a decrease in services or an addition in cost. When someone expects to make a profit from a care centre, you can be certain that the people in the care centre end up being victims. We have privately run places here in Australia, yet they tend to cost in excess of $1,000 a week, the care is truly top notch, now consider that the government gives decent care to the elderly, cheaper and not as amazing as some private spaces, but that is the consequence of government health care. I have been in the arms of government health care in a hospital and I had ZERO complaints (apart from saving my life, these people showed true care and passion for their vocation), so when someone steps in stating ‘I can do it cheaper’ we will see casualties and it is not the people claiming to do it better. I think that the less we say the better. The Guardian had this quote “The decision, which follows four school closures announced by the company in February, came as the Danish private equity group Axcel, which bought the chain in 2008, decided it could no longer continue to cover the company’s losses“, which just shows you how some privatisation aims are not even close to being kept.  (at http://www.theguardian.com/education/2013/may/31/free-schools-education) I wonder if Mr Profit Seeker took a look at the data from these places. In that regard, from that same article we learn “Michael Gove is open to the idea of profit-making companies running free schools, an idea expected to be in the Tories’ 2015 election manifesto“, so I hope that Mr Gove (a conservative MP from Surrey Heath) takes a long cold shower to mull things over, because in this climate, the UK can ill afford an education blunder like that.

So, is the Swedish Social Democrat system so bad?

There is no clear answer there, it is a given that the outgoing PM was not a bad person. Fredrik Reinfeldt took what seemed to be the safest route in a dubious economy, largely created by the earlier mentioned capitalists and their financial advisors.

Sweden, one of the most social and caring nations in the history of this planet went from an undisputed first position, to somewhere below the top 10, this in itself might not have been the worst place, but local pride had been given a devastating blow and as such a large change happened last night. Yet, is this road the best? Not sure if I can say yes, as a Christian I state that the road of Buddha (one of balance) is at times not just the safest road, but it seems to me that at present it is the only road many nations should consider. Greed is globally at an all-time high and it can only be countered by illuminating those people under loads of sunshine, whilst holding people accountable for choices and actions. Consider the repose we saw earlier “it could no longer continue to cover the company’s losses“, this implies incompetence, but is that the case? Schools will never be a place of profit. Why do you think that a place like Ashbourne in Kensington (UK) costs well over $11,000 per term? Quality costs in the end and proper teaching is all about quality. So did the Danish private equity group Axcel not crunch the numbers correctly? Was there a profit reason? It seems that this issue is still not dealt with, because equity groups tend to be about profit, what happened to the real estate value of these schools? Who owns them now? All questions, no answers and it seem to me that these matters are not enjoying that much exposure in that regard either. I am not stating that any laws were broken, but when you start ‘funding’ schools, it comes at a cost. The Ashbourne website states “Ashbourne was founded in 1981 by its current Principal and Director Mr Mike Kirby“, I am willing to bet the house (or at least a decent 21 year old single malt) that this took all his energy, dedication and pretty much every moment of his life to get this one place to the point it got (as one of London highest desired schools to get enrolled in). When some investment group gets involved I tend to turn cynical and suspicious (yes, all at the same time).

So, we do not know how the new Swedish government will pan out to be, yet we should all consider that the Swedish way worked through loads of hard times. Personally I think that turning away greed driven players is the best course, so how about me?

Well, I considered teaching English in Italy next year, whether for just a year or two, I do not know. Possibly in a Catholic school, preferably state run. If I get free classes in Italian and Latin out of it and some pocket money, a place to sleep as well as storage fee, I will be happy. I won’t cost anyone anything, I do not take up space and I bring positivity to a place that is not there for a profit, which means that if I am not a pressing cost it is a win-win. So, you the reader, when did you last consider turning that master degree or PhD into a long term social benefit to a school or a worthy cause, even if it is just for a year or two.

We all seem to race towards a ‘Return On Investment’ position, whilst those exploiting us will dump any of us in a second if we do not match the spread sheet index factor of profit. Let us all make this world a little better and let the financial system collapse the way it is, when they collapse, our lives will return to the notion that life should be about a roof, a bed (preferably with a passionate woman in my case) and a decent meal. These are all changes that do not require a hammer, and IKEA has all but two of the other components (they do not build houses at present).

There is no real moral here at present, yet if Sweden does pull of a real reorganisation whilst not diving into the deepest depth then Sweden becomes the first nation to ward of Greed and survive in the process, I reckon we should all keep our eyes on Sweden and illuminate any greed driven change, because if they can make it, so can any Commonwealth nation and as such, hope might return to America at some point. Greed driven players and financial institutions might not be doing that well, but I feel an air of certainty that no one else will lose any serious sleep over that part of the equation.

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August 28, 2014 · 21:28

Cancer for everyone?

Something set me off today. It was not Melissa Doyle, she looked lovely as ever. Perhaps it was her casual report on how red meat seemed to be linked to cancer. Actually, it was not her at all. It was another research with data linking red meat to cancer. There were two parts that seemed to be an issue. The first one is “People who eat a lot of these meats” the second one I will get to later.

From this I decided to take a trip into US data. The first place we get is Hereford, Texas, which is the beef capital of the world, or so they say. I am not stating that this is not true and it is true that Texas is one of the 5 states responsible for over 50% of all produced beef from cattle and calves. Yet, my mother was from Buenos Aires and you have not tasted true beef until you have tasted a steak from an Argentinian charcoal grill. I am not leaving the subject here, because we have two places were beef rules supremely.

So how is their health?

Dr Karen Humphries seems to know what she was doing and the approach sounded well enough, so what is the issue? Well, when I take an initial look at the statistics the CDC has for Colorectal (Colon) Cancer (at http://www.cdc.gov/cancer/colorectal/statistics/), the data (as incomplete as it is), shows no spike for these 5 states, because there is a valid thought, that outside the metropolitan area’s the home state might be the cheapest place to get steaks, consider that these places are not in possession of a vegetarian explosion (or is it a population explosion of vegetarians?), the overall spike of cancer, should stand out there (read slightly spike).

So, what is the other option?

Perhaps these people do not eat loads of red meat? Are you kidding me? Have you seen the sizes of steaks in them states, they are huge! I can eat a lot but I need to bring my A-game of hunger to these places to finish my plate. So is Dr Humphries wrong?

No, I do not believe this to be the case. She is by the way not the only one on this meaty horse. A 2008 article form Harvard Medical School (at http://www.health.harvard.edu/fhg/updates/Red-meat-and-colon-cancer.shtml) shows a similar conclusion on the data that they have. So why am I questioning this?

I am not questioning these issues perse. Perhaps there is another factor that is not being considered. So am I just on a windmill chase, like a Don Quixote seeking the next windmill? I am not arguing that those who think this are wrong, but consider the next piece of information, which was found at http://authoritynutrition.com/is-red-meat-bad-for-you-or-good/.

The title ‘Is Red Meat Bad For You, or Good? An Objective Look‘ seems appealing enough, however is it therefor true?

They are giving us the following thoughts which some had considered a long time ago. The thought is set in the following quote “However, the meat we eat today is vastly different from the meat our ancestors ate. Back in the day, animals roamed free and ate grass, insects or whatever was natural to them. Picture a wild cow on a field 10.000 years ago, roaming free and chewing on grass and various other edible plants. The meat from this animal is completely different from the meat derived from a cow that was born and raised in a factory, fed grain-based feed, then pumped full of antibiotics and hormones to make it grow faster“.

Here is the question that is raised within me: “Is this research the first evidence of antibiotics and hormones on consumption beef?”

That is not really the question people seem to be looking at. So is this a windmill I am chasing, or are we asked to look away? This is not against Dr Karen Humphries, who was investigating the red meat on the people. To be honest, with the amount of red meat offered, I would have loved to have been a volunteer there (I could never refuse a good steak). The information and ‘evidence’ as well as my train of thought took less than 5 minutes to clear, then about 25 minutes to get through the readings and the CDC data tables.  If we look at the Guardian article (at http://www.theguardian.com/news/datablog/2011/jan/24/worldwide-cancer-rates-uk-rate-drops). The issue here is that Cancer is seen in a generic term, which means all kinds of cancer and still Argentina, a massive beef consumer (and yummy it is too) is only on the 46th position, so have I made a case that it is not just about red beef, but are there other elements in play? Which is the second part to all this.

Without more data, the case I am making would only be supposition, yet is this a start? Are there other factors that reduce the dangers in the USA and Argentina? Is there now a valid case against certain hormones and antibiotics? There is no way to tell without a lot more data and more (and better) in depth research. If that is indeed the track we must walk, how should this proceed? You see, in any research there is a goal and a counter goal. You can bet your bottom dollar that pharmaceuticals would not want quick results. If you doubt that, then remember the ‘investigation’ in Syria that we saw in early 2014. The question ‘were chemical weapons used’ (which seemed like a joke) and ‘who did it’ was completely set aside. So here we face a possible approach to it in the way of ‘Could antibiotics be a cause of an increased presence of colon cancer causing bacteria?‘ and ‘Could hormones be a cause of an increased presence of colon cancer causing bacteria?‘ getting the research set up, the data collected and then the actual reporting done might be taking an intense amount of time, but should we therefore not get this done?

I do not pretend to have the answer, yet I do have the questions that were casually not asked in the Channel-7 news. Questions, which are at a first glance seemingly assumed, to some extent by Authority Nutrition, a site that is the child of Kris Gunnars, a medical student. He is also not the man just claiming and assuming issues. His site had an entire tab on evidence, filled with charts that seemed to have been made with proper analytical tools (I did not dig into that data though).

There is another side to all this. Kris voiced it really nice in his article “the meat we eat today is vastly different from the meat our ancestors ate“. We all (including me) seemed to have forgotten about that. As we go forward, what other parts had not been properly looked at? For example, the article ‘History of diethylstilbestrol use in cattle‘ (at https://www.asas.org/docs/publications/raunhist.pdf) gives several answers, but also leaves us with questions. Did anyone look at the evolution of meat as the ‘victim’ (also known as Mr or Mrs soon to be steak) had been treated by these hormones? Let us not forget that this game has been pushed through generation upon generation of hormones. Is the idea so far-fetched that we have changed to context of the BBQ target? Does this amount to poisoning the well? I truly do not know, but it seems that the latest results, in conjunction with the data that Harvard and several other sources have collected, contribute to a new train of thought that we need to take a very serious look at the meat and the cattle as well as their DNA in regards to our beefy food supply. It is the earlier mentioned paper by A. P. Raun and R. L. Preston that leads to two quotes linked to all this. In the beginning “The removal of DES from the market led to the development of a number of other growth stimulation products for cattle” and at the end “If diethylstilbestrol had not been removed, these same resources could have been directed toward the discovery, development, and approval of other technologies for the cattle industry“.

Yet, are we losing sight to the long term effects of these growth stimulants and hormones? If these bowel cancer numbers are linked in any way to these developments, what links are we yet to discover and at what price had beef profit been maximised? The last one is not a blame game moment. At some point hard choices had to be made, consider that Gartners meat in Portland Oregon gets us a Rib Eye for just under $15 (16 oz.), with this the fact that at present beef is at an all-time high according to Reuters (at http://www.reuters.com/article/2014/08/25/usa-agriculture-inflation-idUSL1N0QV0J620140825). What happens when the beef rises above the option to buy as a food source? This is not just the drought or disease which is the latest reasons for the price hike. Consider that 318 million American residents need their dinner, current statistics place the vegetarian population (those who hate plants more than animals) at roughly 10%, which means just over 280 million of meat pieces are needed EVERY DAY! Now, many do not have steak on a daily basis, so the need for beef is not at a deadly level, but…..

What did I just say?

There is the crux, have we been so into the need to get more food that eagerness was too quickly satisfied, but we now see a long term consequence.

LET ME BE CLEAR!

This last part is all conjecture, but is it being looked at? If not, why not? There is a foundation of concern and evidence that the effects of beef on our health seems to have changed, the question becomes how much? Questions I do not have answers to, but I was surprised not to see anyone in the press ask the question and deliver the results, just as is!

That itself is worth a question or two too.

 

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August 26, 2014 · 12:03

About America, chapter 11

This is a short story; it is not part of a novel where you have seen the first 10 chapters. This is in all seriousness an issue when we consider Code of Laws of the United States, United States Code, number 11 deals with bankruptcy.

So why take my word for this? Why am I right, when every journalist, every economist claims that this is not the case? How diluted am I to think this?

These are all valid question. Now consider the facts. The US treasury (from various sources) had collected in 2013 around 2,700 billion dollars. This seems like a lot, yet the budget as President Obama stipulated in 2012, the budget had spending set to around 3,800 billion dollar, so the US is already 1 trillion short. If we consider the total US debt at 18 trillion, meaning 18,000 billion, then the total debt would need 100% of all taxation for 6 years, an act that is totally unrealistic.

Now take this to your own homestead. I remember that I could never get a loan for a mortgage for more than 4 annual incomes. Now, this is like comparing apples to oranges, but is my train of thought so far out of bounds? It is my view that these seemingly ‘clever’ economists have been rolling their gambling dice in several ways for too long.

Consider the Dow Jones Index. We get fed the line that the economy is good, because 30 companies are doing ‘well’. Ever since the ‘dip’ it took in 2009 to 6547 (at http://stockcharts.com/freecharts/historical/djia1900.html), the Dow has ‘restored’ itself to 16743 (as per now). So, in the time when all was well, before the first economic collapse in 2004, when the Dow was 11722, and until the second collapse in 2008 when the Dow went from 14164 to 6547 in 2009, we now are in a time when many in the US are down on their luck and finances, when many all over the world are feeling the brunt of recession and other financial calamities, the almighty Dow is at 16743.

Is anyone considering the notion on how dislodged the entire Dow Jones concept is in regards to the reality of life?

Consider the following information:

– Amazon is buying Twitch for a billion Dollars in cash (at http://www.theverge.com/2014/8/25/6066509/why-it-makes-sense-for-amazon-to-buy-twitch)

– Roche to buy U.S. biotech firm InterMune for $8.3 billion in cash (at http://www.reuters.com/article/2014/08/24/us-intermune-roche-idUSKBN0GO0PI20140824)

These are two of several (read dozens) of large shopping sprees, throwing cash around like it is nothing and as these billions come into the other parties’ hands, what taxation ends up getting paid? This is at the heart of the founding issue that should keep our minds busy ‘Is America Bankrupt?’

There are two sides. First there is the Sovereign Default. No matter how you twist or turn it, if a nation cannot pay its debt, it will default and should be seen bankrupt. A good example is Greece. After Europe bailed out a nation with 11 million people, by ‘giving’ it well over 300 billion, it is still complaining. The reality is that it should have been allowed to go under in bankruptcy. Not because I like it, or because I have anything against Greece (in all honesty, Crete is one of the loveliest places I ever saw). The natural cycle of economy has been ‘arranged’ (I would call it mismanaged) into cycles of only good news. You talk to any farmer, they will all tell you that no field can survive on spring and summer alone, nature is all about balance and as we threw away balance, we started to undo our own prosperity.

It is said that a business is stated as ‘insolvent’ when its debts exceed its assets.

Is that not the case here? I have stated in the past that I have reservations about the true value of LIBOR.

If we continue the question: “How much money they need to borrow from their peers to plug any holes in their balance sheets and if they have an excess of available cash, how much they can afford to lend“, which is at the heart of LIBOR (at http://citywire.co.uk/money/qanda-what-is-libor-and-what-did-barclays-do-to-it/a600479), considering that the margins had been played with in the last two years, is the idea that the total valued amount has also been tweaked?

This is all based upon an availability of actual existing Cash. But the entire system is based upon a certain value of assets and goods, as I personally see it, I do not trust that list as it is dependent on the ego of honest bankers, which seems an impossible concept and no one can produce at any given moment an exact list of it. So what value exists in all reality (not in the eager mind of a commission driven banker)?

We now get back to the Dow Jones Index. If we consider the past (when life appeared good) and the now where most of have lost a lot (if not all), then is that index not artificially driven upwards? This is not just my view; several parties, including USA Today (at http://www.usatoday.com/story/opinion/2013/03/04/federal-reserve–quantitative-easing/1963539/) are showing us a view that shows an economic system that is driven upwards in artificial ways. So we now get a different view. Are all these mergers and multi-billion dollar deals we see regularly now on TV about growth, or about the top of the US industry that seems to leave the sinking ships before the system collapses.

This is at the centre of a few issues, where the US is rallying for ‘support’ whilst not showing one iota of accountability to get its budget under control. The last part is at the heart of the need to call the USA bankrupt (not because I desire it). It will cost many a lot, but is growth not depending on the downfall of others? If we consider that all together we are 100%, does our growth not depend on the need that someone else does less? That intertwining, where we ignore basic foundations that growth is not eternal, we see that there is a consequence to overinflating (yes, this also applies to my ego).

Yet, economists have time and time again stated that there is more here and there (whilst they point to virtual spaces). Now we see the heart of the problem, who has the actual 18 trillion that the US is down for? If we look at the oil links, should USA perhaps mean ‘Unionized Saudi Arabia‘? If we consider the real wealth, are they not the ones holding the oil reserves (one of the big four) and as such, the outstanding debt? I know it is not that simple, it never is, but when we ask a summary of where the debt lies; we will get some clever list from a highly educated economist and some excuse ‘that it is all a lot more complex then it looks‘.

He is not incorrect, but he is also not telling you who hold the 18 trillion the US had been spending in one way or another and as such, the realisation should now be upon you. If America is bankrupt, then what will happen next? Japan will pretty much be permanently out of commission and I reckon the UK will be in very deep waters, but we the Commonwealth must find a way to go it together if we are to survive.

It seems to me that America never realised that lesson, like several others, they all used to max out a credit card in virtual space whilst the actual, supporting currency is not there, so why has America not been declared bankrupt?

I reckon soon enough we will get more and more long winded talks, but in the end no one is sayng anything because those who will be making the speeches are at the heart of what went wrong and no one wants to hold on to that guilt when those left without their house ask them the question ‘where are my savings?‘.

 

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July 28, 2014 · 11:35

The old reasons

There are a lot of high running tensions in play at present. There is the Gaza, which has been going on since I was there in 1982 and there is the downing of MH17, which is now becoming an increasingly political hot potato involving the Russians.

Yesterday, Nick Clegg called for stripping Russia from the world cup 2018 (at http://www.theguardian.com/politics/2014/jul/27/nick-clegg-russia-world-cup-2018-stripped-mh17-ukraine). I do not think I can presently agree with this. Yes, there are issues that need to be answered, yet, there is enough evidence to clearly state that Russian separatists, not the Russian army shot the plane down. The last group might not be innocent, yet for this we need actual evidence, which is currently (for now) not available.

David Cameron seems to be in agreement with me (at http://www.theguardian.com/politics/2014/jul/27/david-cameron-russia-2018-world-cup-ukraine).

In my case there is another reason. If we are to resolve any issues, then we need to make sure that diplomats get as many options as they can to smooth things over. In three years the issues of MH17 will have been passed, yet what lies around the corner? There is not a person in the world who can give us any answer in that regard, nor should they have to. If we want options, than we need to look no further than the Olympics, especially the ‘original’ ones (you know, the ones you might have seen in 776 BC).

In those days, there was an important side to these groups of people, who were always bickering with each other using swords and spears. It was stated “During the Olympic Games, a truce, or ekecheiria was observed. Three runners, known as spondophoroi were sent from Elis to the participant cities at each set of games to announce the beginning of the truce. During this period, armies were forbidden from entering Olympia, wars were suspended, and legal disputes and the use of the death penalty were forbidden“.

It was a stroke of genius! This was a time when certain officials could off the books meet and possibly broker solutions in a way where the ego and reputation of a person was not on the line. It was a time when some people could meet and possibly longer lasting truces could be held. Even today, when the emotions run high, we need to make certain that such an option remains.

This brings me to the second part in this, which is only casually linked. It was my blog of March 19th 2014 called ‘Any sport implies corruption!‘ where I looked at some of the issues regarding the accusation of corruption by Qatar in getting the World cup 2022. There were a few views that caused me to question whether there was actual corruption, or was this a push by big business to replace Qatar for revenue reasons? What is ‘more likely than not’ is the question in this case!

Last week the Guardian gave us additional information (at http://www.theguardian.com/football/2014/jul/21/ethics-investigation-private-fifa-michael-garcia), in the article, where it states: “Former attorney expected to deliver evidence by end of July“. It is now the end of July and we see the quote “Garcia’s report will go directly to FIFA’s ethics judge Hans-Joachim Eckhart, who is not expected to make any rulings until August or September“, so there will; be another delay in finding out the truth.
Moreover, I feel at present that after that another delay will come as certain people could be offered high income positions in other places before the news comes out. Will that happen? I do not know, what I do know is that the allegations have gone on for way too long and the additional delays, whilst we see more and more press on this should anger us all beyond belief. Big Business made a try and as such they hopefully failed. Of course we will not know until the rulings are made, but I remain adamant in my view! I demand the disclosure of names and participants in these events. In addition, the quote “Shortly before the World Cup in Brazil, Britain’s Sunday Times newspaper reported that some of the ‘millions of documents’ it had seen linked payments by former FIFA executive committee member Mohamed Bin Hammam to officials to win backing for Qatar’s World Cup bid” (at http://www.reuters.com/article/2014/07/25/us-soccer-fifa-qatar-idUSKBN0FU1M720140725), I could not get the Sunday times link as people need to pay for it and it cannot be fully shown, yet the quote is seen at CNN (at http://edition.cnn.com/2014/06/02/sport/football/football-qatar-world-cup-sunday-times/) which states: “We’ve seen millions of documents that prove without a shadow of doubt that corruption was involved. There is clear evidence linking payments to people who have influence over the decision of who hosted the World Cup“.
I think we should DEMAND the display of these documents. If there is corruption, we are entitled to see it, on the other hand, if we accept that it is more likely than not that an industry that misses out on millions of dollars are behind the accusations, then we are allowed to see that as well. In that regard, if the Royal commission would prefer not to be the laughing stock regarding the press, then in my view, it should have only one response to the quote from the Sunday Times, when it is proven wrong. The Sunday Times is to cease all operations for no less than 6 months, all staff to be paid during this time, no online activities and no revenue based activities. Subscribers get an automatic 6 months extension.

Is that too harsh?

The claims here, the claims in regards to MH-370 that were made by the Telegraph, none of it founded and no actual evidence ever presented.

Why is this such a big deal?

As the Olympics evolved, the base need for honest and open competition is what allows for differences to be settled. The concept of the Olympics was also continued in other events, like the World Cup Soccer and the Commonwealth Games. These events go beyond the events on the field. It allows for trade discussions, diplomacy and other conversations that have larger impact, in some cases none of them an option in an official capacity. This is why I disagree with Nick Clegg on this.

Even now, I have been adamant about the need for President Vladimir Putin to speak out harshly against these separatists since the first day it happened. It is likely that he relied on the wrong advisers (as I see it), but to cut off options of diplomacy is NEVER EVER a good idea. Even now, we see news (at http://news.nationalpost.com/2014/07/27/vladimir-putin-facing-multi-million-dollar-lawsuit-for-aiding-separatists-who-shot-down-mh17-lawyers-say/) where the headline “Vladimir Putin facing multi-million dollar lawsuit for aiding separatists who shot down MH17, lawyers say“.

How is this even realistic?

Is there ACTUAL evidence that Putin did directly support in the act that resulted in the downing of MH17? Yes, I agree there are issues with the hardware the separatists have and I mentioned that the first day, whilst the press were all about the ’emotional stories’ (which is not journalistic out of place). The facts are there and they need to be answered, but that lawsuit is a joke. Consider the fact that Osama Bin Laden was a product of the CIA, trained to some extend and funded to a larger extent. Was President George W. Bush, Senator Charles Wilson or many others ever sued for 9/11? Both premises are equally ridiculous. I see them all as meagre attempts from certain individuals to claim income and/or visibility from where ever they can.

So, why this switch?

If any of these issues are to ever be resolved we need to keep one open path, one path no one messes with to remain. We need sports to remain to be about sports, so that those attending (not those who participate), to divert the conversation to non-sport matters. If we can keep peace through an innocent informal conversation, then by all means let us do that. Preferably without a group of bloody Murdoch’s miscreants making claims without producing the actual evidence trying to divert games towards a better ‘big business’ marketable environment. My reasoning here is twofold. First the quote as “We’ve seen millions of documents that prove without a shadow of doubt that corruption was involved”. Were these people really that stupid? The one true rule here is that if it isn’t written down, it does not exist, would people state ‘in writing’ such events (people who should be a lot more intelligent than I am), or is it just a bluff? You see, evidence (or not) did the press not have clear, distinct and utter responsibility to produce and print this evidence? The people who have been hiding behind every sleaze report with pictures stating ‘the people have a right to know’, now suddenly they hide behind innuendo and silence? That is part of the picture I have a problem with.

The old reasons are now clearly in focus.

Sport should be about sport and sport alone. The people in the field are all about that what they excel in and as such, it might be the only true entertaining excitement left to us. This atmosphere will always allow for officials who are admiring their team. What was more endearing, more powerful and more sportive then seeing the Royal Dutch family amongst the Dutch, all in Orange, cheering for their team! What a massive adrenaline jolt it must have been for those players to hear their own royal family cheer for them! Is anything more amazing in sports? Is there a chance that his royal highness, King Willem Alexander of the Netherlands shook hands with an official from another nation, perhaps starting a conversation? The fact that Angela Merkel and Vladimir Putin were there for the match and had a conversation can only be a good thing for all kinds of reasons in the long run.
We seem to forget these old reasons. We get the sports, but foremost, we get the commercials and we get clobbered to death by sponsors with their trinkets, foods and drinks. That last part is the part too many are catering to. The bringers of news (especially in paper forms) are at least one third advertisements. Income is dwindling here and papers are more and more about keeping their (possible) advertisers happy. Even though these politicians can hold talks anywhere, allowing them to hold onto as many as informal places as possible is a given need. So, as such, for now, I feel that Moscow 2018 should continue.

If not, then Moscow should have never won the bid in the first place.

 

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June 30, 2014 · 13:43

Exit strategies anyone?

Today is an interesting day. The article in the Guardian (at http://www.theguardian.com/world/2014/jun/28/european-union-exit-will-harm-britain-says-cbi) is well worth reading and in addition, I must state that I am not sure whether I have made up my mind what would be the best course of action. I have been on both sides of this and I am currently on the fence. First of all, the UK must do what is best for the UK and beyond that the UK should do what is best for the Commonwealth. I personally think that this is the status as it should be at the moment. The question becomes whether Europe is the best for the UK. I am not talking about the Juncker issue (even though that seems to be part of any decision), but where should we be? The headline states “EU exit will harm UK, says leading British industry group“, yes THEY will talk in their own interest, they always do. The Eurostat numbers are unconvincing (at http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/2-22012014-AP/EN/2-22012014-AP-EN.PDF), today’s reserved savings are tomorrows signal to abundantly overspend funds, that much has been seen again and again ever since 2009, when the taps should have been closed. This is also at the heart of the matter for what is best for the UK. And in all honesty, the UK has overspent their quota a fair bit too. Now we have a new issue. Up to 2013 we got to see a picture from some of the more decently reliable sources, yet, now later in 2014, there is almost nothing on the projected and actual numbers for 2013. There lies the hidden issue, it is not that there is little, there is too little information now, so who to believe. When governments are not boasting, they are definitely hiding some issues under the carpet and those issues will impact the UK too. I will not bore you with the numbers UKIP gives us (at http://www.ukipmeps.org/uploads/file/Cost_of_the_EU_25_5_11.pdf), they are talking their own brand of flavour, as would Prime Minister David Cameron, but where is the truth?

My benefit here is that I speak half a dozen languages, which gives me additional sources. The ‘Nederlands Dagblad‘ gives us (at http://www.nd.nl/artikelen/2014/februari/28/lagere-overheden-verwachten-te-hoog-tekort) the following: “Gemeenten, provincies en waterschappen verwachten dat hun begrotingstekort dit jaar uitkomt op 3,7 miljard euro. Dat is zeshonderd miljoen euro meer dan volgens de afgesproken norm mag” [translated] “Municipalities, counties and Water boards (a flood control and water resources management group) expect that their budget shortage will total at 3.7 billion, which is 600 million more than agreed upon“.

So the Dutch are already coming up short at present. This does not mean that this will be the end result! At http://www.bnr.nl/nieuws/beurs/487506-1302/liveblog-economie-krimpt-begrotingstekort-naar-33-procent-in-2013, we see the mention that the Dutch will have a budget shortage of 3.3% in 2013 and 3.4% in 2014. How much of this is correct, and when were some projections made?

We see the Dutch news on how the American economy is down 2.9% and that Bank managers are now getting a sizeable raises, yet the overall shortages of the Dutch is not really discussed on sites with above average reliability (like the NOS). The only one in a ‘happy happy joy joy’ position is Germany who now seems to have a budget surplus. Again, the harsh cuttings Germany did from 2010 onwards paid off, but they seem to be the only one. France deficit was set at 4.1% for 2014, so as we see the list grow, is it truly a good idea to stay in the Euro group? Industrials might think this, but they will not be confronted with the financial measures that will hit the UK and its taxpaying citizens. I was at first in the same boat where I thought that going out of the Euro was a bad idea, but as we see the growing concern of nearly all EEC countries going over the deficit limit, can the UK afford to stay in there? Moreover, will staying in until 2017 turn out to be a dangerous issue?

This is part of the issues, which I have stated before. When, not if the American economy goes over the edge, those in deep debt will get a new approach to humility. That part is still a dangerous situation for the UK as well (with a balance of almost minus 1.5 trillion). 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. The bulk of the politicians and all the other parties have been dancing around the economic situation. Most people have noticed it and 26 months of ‘feigned’ economic recovery is nice for the industrials, yet the people have not seen ANY improvements in their lives, which is the centrepiece of all the stress out there. This is part of the situation all are avoiding.

If we consider the Independent (at http://www.independent.co.uk/news/uk/politics/tony-blair-nigel-farage-and-ukip-are-deceiving-british-public-and-holding-back-the-unemployed-with-immigration-rhetoric-9472289.html) we see another side. I would be willing to agree with this, yet the voice of Ed Miliband is not giving decent clarity and David Cameron is voicing the need of big business (to a larger extent), they all are talking in their own fast lane and the people end up being not in any good place.

Even now, less than an hour ago, Ed Miliband is quoted by Reuters as ‘looking to shed the anti-business label‘, which gives a lot less security to the people. In this confusion Nigel Farage is cleaning house as he is stating what people seem to want to hear. The correct critique remains how truthful are his statements?

This is what is driving the people in regards to an exit strategy. As the news is playing a game of what I personally regard as ‘managing bad news’ in several nations, the people are catching up and losing faith in governments in general. This is partially driving the demand for a European exit. The people are losing faith in the ‘facts’ as presented, because good news gets overinflated, bad news is managed and the press seems to help out governments and big business in not giving proper tallies, as too many are depending on advertisement funds (often from Big Business). We all seem to watch a weighted scale. Under those conditions, many prefer to go it alone and see that part return. Let’s not forget that before the Euro, the UK was in a pretty good position. The entire mass flocking to UKIP are remembering those days and they are hoping that they will return to these days and UKIP is talking right into that alley of expectations.

In regards to the article with the quote involving Tony Blair “The answer to the white, working-class unemployed youth in alienated communities in Britain is not to tell them their problems would be solved if there were fewer Polish people working in the UK, he said“. I tend to agree, but the truth is that these Polish workers seem to be getting some jobs and this is causing more stress with those desperately seeking work. I am not voicing any anti-Polish thoughts, the question becomes how did they get those jobs and more important, if this is how some businesses are getting cheap labour, why is this not dealt with in regards to unfair working conditions. The Telegraph (never a great source for quality info) is publishing articles on how 10% of a company is Polish. This is getting to the people, who do not look at the whole picture. The Independent is bringing us a much better story quality wise (at http://www.independent.co.uk/news/uk/home-news/migrants-in-britain-a-decade-on-the-poles-who-brought-prosperity-9278710.html). The article by Emily Dugan shows the story of a Polish entrepreneur, who because a success through hard work, employing dozens of people. This Radomir Szwed shows another side, one that does not get illuminated that often. It is a story all should read, only to show that immigration is not a source of job losses, but one that brings jobs too, yet the Telegraph is not that likely to bring such a story.

All this brings us to a less appealing story in the Guardian (at http://www.theguardian.com/politics/2014/jun/18/nigel-farage-far-right-european-parliament). As the power of Nigel Farage grows in regards to his European side whilst joining with former members of French ‘Front Nationale’ and a more extreme viewed Swedish party, the issues will continue. Even though there is debate on Nigel Farage, he sees himself as the person to voice the needs of Britain, a voice Prime Minister Cameron lost when his opposition to Juncker was defeated 26-2. If Nigel Farage delivers any victory for the British people in any way, the powers in the UK will change leaving the Tories very little options in regards to the EEC. Will David Cameron be forced to call an early vote to exit Europe? Perhaps Nigel Farage will have that option as he currently has the strongest options in Europe. However, not all is well in that regards either, now the votes are done, we see a splintering in what was a solid danger. Some are re-establishing themselves and some are defecting to the new Le Pen group. So, not all is quiet on the eastern front with the EEC.

These matters will bring question to any exit strategy we see on the European front. No matter what happens, until the people get some clear information on how the debts are, where they are and how deficits are going as well as their own options, there will be no relief. The party that brings the best story and adds true relief on the hardship the people in the UK currently have will get a massive spike in votes.

I am not sure any exit strategy will bring that, yet, when we consider the response by Richard Branson (at http://www.virgin.com/richard-branson/why-an-exit-from-eu-would-be-bad-for-british-business), my response is that this is not a given either. If we see what some Commonwealth partners are agreeing to within the TPP (Trans Pacific Partnership), then we are seeing how politicians seem to be lining American Big Business pockets, whilst not overly protecting the their own local interests. This will in the end hit back to the UK as well. Consider that these Trade Agreements are not at all discussed out in the open (which makes sense until some point is reached). It seems to me that the UK needs to talk to Australia, Canada and New Zealand at that point. Because not only will the TPP impact the UK, whomever signs the TPP could be in for a long rough spell whilst US and Japan will hunt down a new currency, which is no longer the dollar, but a currency named IPR (Intellectual Property rights). IPR will be the new gold over the next 10 years. Those who have enough of them survive.

This is the unspoken side of the exit strategy. As the EU is chained to the US in several ways, the UK must secure its future in any way it can, yes we must all get rid of our debts, but in equal measure the UK will rely on its entrepreneurs, which includes people like Radomir Szwed, that is the side UKIP is not really talking about and their immigration changes would have negatively impacted the UK.

I remain on the fence on whether the UK should or should not leave, but complete clarity is a must which is a side the press, in all their whining after the Leveson trials have remained awfully unclear about.

 

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April 10, 2014 · 12:57

One debt too far?

I feel interestingly happy today. It is almost like I got the big role in the new Alice in Wonderland play. As i am a guy, some will think it is the role of the Mad Hatter or even the March Hare (there is supporting evidence that I am mad as a hatter and nuts as a Hare), but no! Those are not the leading roles. The leading role (apart from Alice) is the Cheshire cat, who was guiding Alice down the path.

The reason for these, are the events as I saw them this morning in the news. These events all took me back to my article on the 19th of June 2012 called ‘The accountability act – 2015‘. My quote ‘This is about stopping those walking out with non-existing virtual profits, turned into real money, and leaving others behind to clean the mess‘, is at the centre of that all.

This is all linked to a number of things, which by the way will have bearing on the Ukraine as well. The first is the article that we saw on Sky News (at http://news.sky.com/story/1239678/imf-warns-investors-over-rock-bottom-rates).

We see two quotes. The first gives us the warning “Investors are becoming dangerously reliant on rock-bottom interest rates, with many becoming so indebted they will face serious problems when borrowing costs rise, the International Monetary Fund (IMF) has warned“. The problem is that these investors include several governments. When we see in that same article “the amount of cash spent on leveraged loans – the high-debt instruments with financial problems – now exceeds the level in 2007 before the crisis“, we are starting to see a clear pattern. In my view this pattern is that those who were in charge are doing it again. Those who wielded certain options are now doing it behind the screens. They are servicing a ‘population’ of what I consider to be not too bright members of a government executive branch and as such the fallout will be well beyond what we considered possible before.

The last quote “The IMF said it was also concerned about the levels of debt in the emerging markets” is the one I leave in the middle for now, I will however get back to this one later in this article.

The second article comes from the IMF themselves (at http://www.imf.org/external/pubs/ft/survey/so/2014/POL040914B.htm) “Across advanced economies, the pace of fiscal consolidation is set to slow in 2014 as focus shifts to how to best design fiscal policies supportive of both further consolidation and a still uneven recovery“.

This reads as ‘In the US, EEC and Japan, the pace of reducing government deficits and debt accumulation will slow as governments are staring at designs of new fiscal plans for consolidation in the near future’. There could be other explanations, but consider that these three players have been utterly unable to close their wallets. They keep on overspending many billions (in the case of the US and Japan up to a trillion) of money they do not have. Over the last several months we have witnessed bad news management on many PRESS levels, whilst not actually looking truthfully at certain events. I will not insult the reader’s intelligence by quoting the LA Times in this case, but the headline that ‘the Global Economy is strengthening‘ reads like nothing less than a joke. The article read like a promotion page, with no real value, other than the percentages they were ‘boasting’ about. For the record, the US leading the way with less than three percent whilst Chinese growth is set at well above 7% might be correct, yet in the second part the US was leading as one of the developed nations, implying that China was not a developed nation, go figure!

The issue (as not shown by the LA Times) is that there are delays with the US for the IMF. In a quote from Australian Treasurer Joe Hockey, the following was phrased by ‘the Australian‘ “Senator Ted Cruz said that the package would unfairly raise US contributions while undermining its influence” (paraphrased).

This reads wrong in several ways. Is the IMF not supposed to be impartial in all this? The mission statement of the IMF (at http://www.imf.org) states “The IMF’s main goal is to ensure the stability of the international monetary and financial system. It helps resolve crises, and works with its member countries to promote growth and alleviate poverty“, it might just be me, but does that not require an impartial approach? If the US has too much influence here, how can stability be achieved, or is this the world according to ‘the US congress’? (I will steer away from blaming the White House here, as the IMF is supposed to be a long term planner and the White House is a short term location, in sets of 4 years).

It is however interesting how little there is to find on US Congress and the IMF, even by the larger newspapers. I was able to find http://www.reuters.com/article/2014/04/07/us-imf-reform-britain-idUSBREA361BX20140407. This article was published two days ago and it is interesting to see how many newspapers veered away from this Reuters article. Reuters had this quote “The failure of the U.S. Congress to ratify the agreed IMF reforms is bad for the institution and bad for the international community“. The additional part “A bid to get Congress to approve reforms of the IMF was dropped last month amid concerns that it could hold up a bill providing aid to Ukraine” as well as “The White House has been urging Congress for a year to approve a shift of $63 billion from an IMF crisis fund to its general accounts, as agreed by the U.S. government in 2010” are cause for concern. These payments were due for the IMF long before the Ukrainian crisis was on the map. So is this about not having any influence, or is this an early signal that the US has completely run out of money?
Yet a Chinese site (at http://english.cntv.cn/2014/04/08/VIDE1396947727947648.shtml) shows us that in their view with “The Spring gathering of the International Monetary Fund is approaching. China, Russia and other major developing nations are angry about a delay in reforms that give them more voting rights at the IMF. Now the countries are pushing forward with the reforms without waiting for the United States“, so now we get another view on the matter, Was Australian Treasurer Joe Hockey playing nice with the Chinese, or is there more? I personally do not think that he was ‘just’ playing nice. I have predicted before that the time with the US as a superpower would end. I have stated this for almost a year now. No matter where the interest of Texan Republican Senator Ted Cruz are and I have no doubt that his interest is Texas first, America second and his family third. Before you the reader thinks or even accepts the allegations by some that he is some newly formed version of the infamous McCarthy, then think again! When I did the math in a previous article called ‘Biased Journalism on USA shutdown?‘ which I wrote on October 1st 2013. Here we saw that Texas is one of only three states that could shoulder the national debt if it was evenly spread. So, to keep Texas strong, Ted Cruz has a fair point in regards to the IMF influence, but that is not what the IMF is about and it is Washington DC that went along with that, which means his hands are slightly tied.

The IMF article has set out that people are playing profit or government bail-out again (they did not state that, but the article implies it to some extent). The governments are not speaking out against these acts and as such we could face another massive economic setback in early 2015. In a minimal defence for Republican Ted Cruz it must be said that the IMF and the EEC are on a dangerous course. The Guardian is filled with messages on how the crises seems to be over and on how Greece is turning a corner towards better times. This is done at a time when it still needs another 8 billion; unemployment rates are at an all-time high and with European incomes remain dwindling down, Greek tourism is likely to remain far below levels for another 2-3 years.

It is the Catholic charity Caritas (at http://www.theguardian.com/world/2014/mar/27/europe-economic-crisis-worse-caritas-report) stating “disturbing levels of poverty and deprivation being noted among children and youth“. This is at the centre of the issues that are enveloping Spain, Italy and Greece. In addition a 114-page inquiry into the human cost of the crisis also mentions Cyprus, Ireland, Portugal and Romania. This might not be at the centre of the mission statements that the IMF goes by, yet these industrial nations rely on workers, the fact that these nations are in such a state is a clear signal that several governments are not up to speed to give the needed aid to those people. This is not in regard to the intent a government has, but the IMF signals seem to be lacking certain reporting flags at present. the Catholic report is a first clear signal that those ‘happy happy joy joy‘ reports that economies are getting better are basically skating around the issue that is holding many down and for some considering the statement that ‘these two issues are not connected‘, should consider standing in a corner staring at the wall and feeling ashamed for even considering the thought to begin with.

Now, I promised to get back to the Ukraine as I stated in the beginning. When we consider last year’s BBC article (at http://www.bbc.com/news/business-13366011), we saw that between 2009 and 2012, Germany was the ONLY nation who had its budget set correctly. The rest was short between 1% and 10% of their budgets. It is nice that these nations speak on percentages, because those shortages go into the hundreds of billions for some nations. The twelve nations represent over 53% of the entire EEC giving a summed deficit of 13.2 percent. This in itself is not a fair assessment, so let’s turn this around into a number. This number comes down to minus 546 billion, which is just the deficit for 2013. So, the governments are not keeping their balance in any way, in addition, we now see that investors are slowly playing their ‘games’ again. There was a rush on Greek bonds, because the evidence is coming that these people will get their money no matter what. So, why do we have any form of bail-outs? It is clear that overspending is not punished, so the entire Austerity posturing seems like an empty threat. I am all for helping out those in need, but it seems more and more clear that those ‘in need’ are not doing their part in cutting down on spending in any way, shape or form. So when (not if) the train goes off track, those smaller nations will be left to their own devices, ready to get exploited by all bigger companies to get their dividend. With the larger players India and China, it seems that US companies and bigger players want cheap nations for whatever market they want to get to. In such sights is it even a wonder how areas of the Ukraine are now in fear of what comes next?

That part is shown in several ways. Even though there is now such a boasted evidence of corruption in the Ukraine as the involvement of the ‘former’ president Yanukovich. Yet, if we accept and use the paper by Anna Yemelianova and is called ‘A Diagnosis of Corruption in Ukraine‘ (at http://www.againstcorruption.eu/wp-content/uploads/2012/09/WP-14-Diagnosis-of-Corruption-in-Ukraine-new.pdf), which I mentioned on March 18th, then there is no way that corruption is limited to one side of politics. Corruption in the Ukraine is too wide spread and any player above a certain level has to be tainted to some level.

It is still puzzling why the EEC and the US are so set on the Ukraine. Why set yourself up for these levels of costs? Why get in bed with the Ukraine, whilst the bulk of the EEC has overspent by well over 500 billion. Is it any wonder that some Ukrainians are frightfully running back into the Russian arms? If we believe the Russia Today, with their headline ‘US wants to destroy Ukrainian ‘bridge’ between EU and Russia – German intellectuals support Putin‘ (at http://rt.com/news/germans-support-putin-ukraine-265/), then we see the view of a struggling USA, who reports a nice number, but when payments are due, America will only be able to do so by taking another debt ceiling hike, which places them well over the edge of bankruptcy. I have some issues with the article for other reasons. Yes, the EEC wants to keep a good relationship with Russia, if only for the reason that most of Europe relies on cheap Russian Gas, which, when absent will push the bulk of the European middle class squarely into the poverty bracket. I am just wondering whether retired German Air Force Lieutenant Colonel Jochen Scholz was hoping to get a free training course in flying the Sukhoi T-50 stealth fighter, making him the first NATO officer to ever be allowed in ‘new’ state of the art Russian equipment (this is an insinuated assumption on my side). The article has a few more issues that are slightly too vague, but the sentiment is not incorrect. The American Anti-Kremlin approach in an age of non-accountability in the era of finance is an issue for too many people. So here is me, the Cheshire cat, all smiling and smirking on events currently playing out.

If the accountability act was indeed a reality on all Common Law nations, certain games would not be played and as such nations (the US, all EEC nations as well as Japan) would be in actually movement out of a ‘debt abyss’ and not at the whimsy of high stakes investor poker games where when it works they get a large bank account, if it fails they will get bailed out by the governments in some unnamed way, which does not seem to get a massive amount of press visibility.

So here we have it, what I evangelised from the very beginning or my blog. The world can be a better place, especially if people are held accountable for their actions. That part gets even more visibility when we notice a lack of press visibility ion some regards. When we see the Standard, a UK newspaper (at http://www.standard.co.uk/news/uk/press-freedom-debate-royal-charters-are-medieval-piece-of-nonsense-8898388.html) where it is all about the issue as “Media heavyweights have branded the government’s proposed royal charter for press regulation a ‘medieval piece of nonsense’“, yet only a little over a week earlier when the Telegraph reported (at http://www.telegraph.co.uk/news/worldnews/asia/malaysia/10720237/Malaysia-Airlines-crash-Suicide-mission-theory-of-MH370-investigators.html), how the MH-370 was a ‘suicide mission’. A piece that was so bad that it’s journalistic value was less than the photo that the Sun used to publish on page 3. This happened before the plane was found, without a black box, lacking in facts, but with a photo of a cabin crew member on page one of the newspaper. At the same time, the issue of the US Congress in regards to the IMF reforms, as stated by Australian Treasurer Joe Hockey has not made any non-Australian papers. So, again, as I have always stated, there should be freedom of the press, but there should also be accountability, which is exactly what Lord Justice Leveson had advocated. Perhaps some regulation would not be too far out of context as we see a lack of informative journalism and a still unhindered tsunami of paparazzi based articles.

If we are truly one debt too far, is it not time for accountability to step in?

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March 27, 2014 · 20:31

Setting the stage

The Ukrainian escalation is slowly seeing some events, but not in a good way. We have seen several speeches as well as actions against certain heavy weight big wigs in-crowd at the Kremlin. Will these actions hold weight? Time will tell. I went over several facts in the blog article ‘Strongarm, Intimidate, Terrorise‘ which I published on March 18th. I also made a coalition mention in my blog article ‘Foreign and Domestic‘ on September 12th 2013, where I stated at the very end “that view might partially depend on the steps the growing New World Order coalition of Russia, China and India will take“. In the last two days we saw the following events.

1. India, Russia to sign deal for anti-tank ammunition (source: The Indian Express, et al) for $2.4B.
2. Crimea Crisis Pushes Russian Energy to China from Europe (source: Bloomberg) for $350B.
3. Private Chinese firm to buy 100 regional Sukhoi jets (source: Reuters, et al) for $3.5B.
4. ONGC, Russia’s Rosneft may join forces on oil flows (source: Reuters).

This is just in the last two days. So, yes, we might think that we are putting economic pressure on Putin, but are we?
The last mention is that if we persist, there is every chance that the cheaper gas meant for Europe could be redirected to the Indian consumer. That is exactly the fear I voiced in the story involving the Crimea (Strongarm, Intimidate, Terrorise). The Reuters article also states “Rosneft said it had also agreed with ONGC they may join forces in Rosneft’s yet-to-be built liquefied natural gas plant in the far east of Russia to the benefit of Indian consumers”, which implies that Russia will get additional Dineros (aka loads of money) to build that plant, or at least parts of it.
Europe basically has agreed to a spitting contest which could cost them. There are still moral sides to consider, both sides states that they are correct and Crimean’s who saw a loss of income for thousands of households and desperately tried to save them to remain with Russia. The Ukrainian top really did not think that part through (as I see it). Did they think that forcing Russia to Novorossiysk, leaving the Crimea without one of their biggest consumers would not have an impact? I still have questions on the legality of the ‘transfer’ from Ukraine to Russia of the Crimea region, but I do not have a proper view on the legitimacy of the referendum as such (from a pure legal point). The fact that this is what the Crimea people themselves want (for a massive part) is largely ignored by the press. I will state that the NOS at least tried to talk to a few of these people and many wanted to return to their Russian past (they were also very assertive in not letting others talk on their Ukrainian view).
So what will happen next? Let’s face it, 4 deals do not make for a Chinese, Indian and Russian summer party, but these are massive deals and this shows that the coalition growth I expected is now showing more rapid growth, likely because of the Ukrainian events. For me, I am a business man and as such, I have downloaded the Sukhoi S-100 PDF’s and see if I can start a trainings company to train the Chinese crews on using the flight and navigation instruments of the Sukhoi S-100 (just me trying to get creative). 100 planes mean at least 400 crews, which is 800 pilots and 400 engineers, so 1200 prospective trainees to train. At $750 a day, I could be employed for at least 3 years. So that might be an option as life in Sydney is pretty expensive. People might snipe at this thought, but consider the ego contest we see growing in west versus east. There is every indication that energy prices are likely to rise by unacceptable amounts soon enough. We see that governments are more and more selling off their healthcare and other services to meet budgets, which means more costs for the consumer soon enough. A step by the way for which a government cannot get faulted, but we the consumer still get to pay the bill.
As unemployment rates are still growing to the extent it does, we will have to look at alternatives. If we are willing to work hard, then it is not the worst idea to consider Russian companies like Sukhoi and Chinese companies like Huawei. The next wave is for those who are willing to put in the hours and as several businesses want to grow into several domestic markets, which they will one way or the other.
So getting out there and set the wave so you can be there at the beginning and get to the higher level of the pyramid when it grows above the others is never a bad idea.
Should you get questioned on basis of morality of choice then consider the powerbrokers of Wall Street who got millions after the 2008 crash, The events around Silvio Berlusconi (not the intimate ones), Karolos Papoulias, President of Greece who was in office when the Goldman Sachs creative accounting event was discovered. It is not the question whether he knew what was going on, as president the Euro will stop at his desk in the end. The Finance ministers over that period were Georgios Alogoskoufis, Yannis Papathanasiou and Giorgos Papakonstantinou. Giorgos Papakonstantinou was the person revealing what had happened before he took the office and negotiated the initial 110 billion Euro loan, which makes his acts the one of high moral fibre. The list goes on and on and on. So, consider that many high elected holier than thou politicians have often taken the coin road as this was not illegal or criminal, it is just the cost of doing business. When it comes to businesses there are even more questions. When we see the bad deal the people at Boeing got, as reported by several media outlets in January 2014 as well as the technical issues we see popping up with the Boeing 787 Dreamliner. We have been looking at American companies for too long, perhaps it is time to look at areas where the runner up is hungry to become the biggest one, as they could be the source of your next good meal. So several elements are slowly setting the economic stage for 2014 and 2015.
If your livelihood is in jeopardy, where will you look next?

 

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March 18, 2014 · 06:14

Strongarm, Intimidate, Terrorise

As we see the news of sanctions hitting our eyes via the news on TV, the Newspapers and the internet, some will conclude that the third cold war is now officially starting. Yet, some might have the question within their minds ‘who has the moral high ground?’, or better yet, what brought these escalations about?

Now, I have missed the cold war, whether you stare through a sniper scope overlooking Lakhta air base in a video game, or those who needed to take another look at the Arkhangelsk naval base because they serviced the Typhoons (in 1983 a genuine bringer of nightmares to NATO). The Cold War was a war, but one with its own rules, regulations, needs and wants.

But is this the same as the first or the second cold war? The first cold war was in itself about a disagreements in Ideology, there was however another side to it all. This was basically a pissing contest between the Kremlin and the White House on who was trained better, tools were the best and who got away with the most. The 70’s as it was depicted by John Le Carre with ‘the Circus’ and the after the fact knowledge that several members at the top of MI-6 had a better knowledge of Russian then those living in Moscow. Even with that set back, I always felt that the NATO side was victorious! I missed most of it and did not get hit with events until 1982-1984.

This new cold war we are about to face is something different. This is a lot less about ideology and a lot more about the greed of a chosen few. Let us take a look at the Ukraine and the Crimea region. Most will not remember the original Crimean War, even though one of the most famous names in history had her origin there. It was Florence Nightingale; slightly less famous was Mary Seacole who also earned her a place in the history books. In those days the direct reason for the war that was there was all about religion, specifically on access of the holy places in what is now called Israel (an area that was in those days part of the Ottoman Empire). It is the one time that the Russian Navy got it hide tanned (not the best moment in Russian Naval History), even though it held out for a year, dealing with England, France and the Ottoman Empire was a cake that turned out to be slightly too large for them.

I think it is important to ‘trivialise’ that part. It should also be noted that Russia started this fight with the Ottoman Empire because Russia held that it had a right to protect the Orthodox Christians. These events are important, as those contained the darkest days for the Russian Navy.

Now when we go to today we have other issues to content with. Crimea has always been a cultural hot potato. It will take too long to explain the issues (and I am not an expert in that regard), there are several ties that were severed when Khrushchev placed it all within the border of the Ukraine; he never considered the idea that Ukraine would be anything but part of the ‘Russian brotherhood’.

It is the changes in the Ukraine that are at the centre of the Crimean escalation. As I see the Russian side, it seems to me that this would happen no matter what. The entire issue with the Black Sea navy has never been regarded positively by the Ukraine. The issues there have been going on for almost 7 years now, even though Ukraine has valid reasons for ‘demanding’ certain changes, it is a little far-fetched for Russia to accept the security of its Navy (the Black Sea Fleet) thought the Ukrainian security services. If America has any objections in that regard, then consider the issues several people had in the past with the ‘idiots’ patrolling and guarding at the US part of Soesterberg Air base, I had more than one issue with a few US guards, even though I was on the other side of the fence wearing a Dutch uniform.

So, we can agree that like the Americans, the Russians will not trust the guarding and protection of their defence forces by ‘outsiders’. This is one of the issues, which are at the very heart of this. The second one is one I discussed in an earlier blog named ‘Hot air for the Ukraine‘ on March 1st. The EEC is too much about adding new members and not about maintaining and setting a stable financial and economic platform. That part has been proven by many, but the issue goes wider (at http://www.imf.org/external/pubs/ft/survey/so/2014/car030514a.htm). The IMF is still finalising the fact finding mission and the amount needed for the Ukraine substantial. Another issue in this regard can be found at Reuters where we see the following quote “If the West wants Ukraine to align with them rather than Russia they will have to offer a carrot and the carrot could be better terms on the debt” (at http://www.reuters.com/article/2014/03/17/us-ukraine-crisis-debt-idUSBREA2G0E020140317)

And why does the west want this, Economic prosperity? Ukraine has a massive amount of debt! The only consequence many will initially see is that Ukrainians will suddenly relocate by droves of thousands to get that better future in the west (which is fair enough). That pressure gets added to the issues already dragging many down in Western Europe which are still unstable at present, so adding nations with bad budgets whilst the rest remains in a bad shape is just bad politics and bad judgement. Another view from the IMF can be seen in the Reuters article (at http://www.reuters.com/article/2014/02/25/us-ukraine-crisis-imf-idUSBREA1O1DT20140225)

“The IMF has consistently said that Ukraine’s economic policies would create unsustainable large external and fiscal imbalances. It has called on Kiev to cut its large fiscal deficit, phase out energy subsidies, strengthen the banking sector, and allow the exchange rate to fall. A freely floating hryvnia currency and higher domestic gas prices are unpopular steps previously rejected by the Kiev”

So they want money, but are unwilling to do what needs to be done? How is this in any way a good deal in any shape or form? I will grant that energy prices will always be unpopular, but this is all about a change where the government does not want change to begin with.

Now we get to the good stuff, namely intimidate and terrorise. These are basically synonyms for strongarming, and now it is the west doing this. Sky News reported that more sanctions are in place (at http://news.sky.com/story/1227143/ukraine-sanctions-target-putin-aides)

So basically, individuals are now targeted for alleged involvement of government actions. Is this even legal? It is interesting that these events are calling for sanctions. Consider that in the US one in seven lives below the poverty line. Now also consider the events as we saw the hard working people at Wal-Mart getting hit financially, needing food stamps and needing government support, whilst the owners are multi billionaires. Unless the Honorable African American in charge in the White House (aka President Barack Obama) is a coward, I hereby officially demand and he should officially call for similar sanctions which are to be placed against the members of the Walton family! I understand that sanctions are a tactical choice, yet to ignore your home base, whilst going after a few individuals (whose guilt is still officially in question) is nothing less than a joke. The fact that the advisors are hit with sanctions, yet, the person in charge (President Putin) is not getting any sanctions makes the joke even more pathetic.

Another issue we should not ignore is that the bulk of the people in Crimea WANT to be part of Russia. Now, that would never be my personal choice and I believe it is the choice of many non-Crimean not to go that path, but the idea that their choice is not the choice of the USA and the EEC and therefor rejected is a laughing matter, where is THEIR freedom of choice? In opposition, I do have an issue with the legality of that part too. I do acknowledge that Crimea is part of the Ukraine, yet the Ukraine is ‘only’ 72 years old. The issues we now see in Belgium as that nations is likely to split into two parts, whilst that nations is a lot older then the Ukraine is not causing this level of concern (mainly because it hasn’t happened yet). In my view, it seems a lot more legal if Crimea became independent. Consider the immediate consequence of that act. If the referendum is regarded as illegal, what will happen and what will the reaction be as referendums are called over the next 3 years as parties decide to secede from the EEC/Euro, as these requests are called for by Nigel Farage (UKIP/UK), Geert Wilders (PVV/NL) and Marine Le Penn (FN/FR). Will we suddenly see calls for illegality by the USA and the IMF? Consider that, because these steps are likely to push the EEC and therefor the USA over the edge of bankruptcy.

As a ‘supporter’ of the cold wars, tactically the entire escalation works nicely for NATO. If Ukraine does enter the EEC, then it comes with a nice ‘free’ naval base in a perfectly placed tactical position, with direct striking capabilities on several Russian fronts (still surprised that Russia is so against it?).

My issue remains that the power players in this game are all motivated by greed. You do not give out 35 billion unless you get 70-135 billion in return. The Ukraine does not have such economic prospects in any near future. Consider in addition that once this happens, the cheap gas deal that the Ukraine currently has will then is also be null and void, which means that the people in the Ukraine will have to content with an energy price hike of at least 20%. Look at your own heating bills (especially in the UK). How does it feel to pay 20% more?

The last side to the Ukraine is one that will hit all Europeans (and Americans). Please do not take my word for that, the paper was written by Anna Yemelianova and is called ‘A Diagnosis of Corruption in Ukraine‘ (at http://www.againstcorruption.eu/wp-content/uploads/2012/09/WP-14-Diagnosis-of-Corruption-in-Ukraine-new.pdf). You see, the big business boffins currently whispering into the ears of government officials in the west tend to ignore issues that do not cause THEM any grief, but those who pay their taxes and small businesses alike will get to deal with this to some degree in one way or another. From the very beginning of that paper where we see “Ukraine is a country is with wide scale and systemic corruption which makes a crucial influence on the economic, political, social and other spheres of public life“, it will be clear that whatever you pump into their economy, a percentage will end up with a man like Semion Yudkovich Mogilevich, a man who should be regarded as one of the most powerful men (some state the most powerful man) in the history of the Russian Mafia. Consider the end of the report where it states “21% of respondents in Ukraine reported paying a bribe in the past 12 months according to Transparency International Global Corruption Barometer 2009“.

This gives a clear indication, I might even state, this is in my personal view clear evidence that the numbers reported towards the IMF in regards to the economic support is underestimated by at least 30%. I will be bold enough to take my view one step further. When the Russian powerbase walks away, the floodgates that minimised some of this form of damage will be gone completely. It is a side that so many ignore, yet, when people in the News in the UK and the Netherlands read about these ‘Romanian gangs’, take heed for what happens when the Ukraine is added to the mix. These events are easily ignored by the power players as they remain out of reach, but the rest of the people in those area’s (99.98443213% roughly) will become a target one way or another.

Am I against the Ukraine joining the EEC? No, as I stated, it is about the freedom of choice. I do however have several reservations on why certain elements want to Ukraine to become part of the EEC no matter the cost. They have certain intentions and the press seems to be taking extreme care not to go anywhere near that part of the equation.

So who is strongarming, who is intimidating and who is terrorising? Three answers that call for a name, an entity or an organisation. So who exactly are the players and why are we seeing way too little on certain sides in the press?

 

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