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The next wave

We have seen the waves; we have seen the mention and the messages. According to President Trump ISIS has been defeated, the easiest counter is: ‘Really? How?‘ In these theatres of war the setting of defeat is not easily established. In my personal view the stage for defeat when they are all dead. ISIS does not adhere to government policy, it does not accept established articles of war and these people go on until they draw breath no more. It gets to be worse than this. According to one (not the most reliable source) we get: ‘ISIS terrorists flee with $200 million in cash‘, the issue is not merely the money; it is what it enabled to be done. We know that the ISIS fighters scrammed like a load of roaches into every direction they could. Now consider that even after 36 years, I could cripple infrastructures in the Netherlands, the UK, Belgium, France, Germany, Denmark and Sweden with less than 10% of these funds, so how much damage could lone wolves do in these nations when that money get cryptoed (a crypto currency tip toe event) and softly spread over these lone wolves? How much damage does Europe have to look forward to? How much funding for attacks on Israel comes next? With optional weapons via Ukraine, explosives via Germany and Sweden, as well as drugs and chemicals? The war with ISIS is far from over, yet now that the US is pulling back, now that gaps are appearing all over the place, how long until that money is spread all over the map inciting attacks in too many places to properly police?

And that is before you realise that most nations are lacking in getting any level of result in fighting these lone wolves. Some are too badly trained and often intentionally to make sure that the intelligence arrogance remains, yet the dozen of operatives that have been working in the dark will be able to strike and with or without that boatload of cash, we need to consider other sources. We start with the Independent who gave us ‘Jim Matthews was prosecuted for fighting with a group backed by the British military‘, a person prosecuted for fighting ISIS in Syria. Now we can argue that what was done had to be done by the law and by the standard of non-combatants acting in a theatre of war (no matter what side they were on), to some degree it makes sense. Yet in that light the quote “Terror “preparation” offences have been used to prosecute foreign fighters as well as terror plotters in the UK” could be considered in another light. Whilst the law focusses on those they recognise and flag as optional targets for prosecution, there are hundreds of people that never made the limelight and as such will go undetected. For this we use the Toronto Sun, where we saw: “When Canadians heard Abu Huzaifa al-Kanadi describe how he killed and executed people on a New York Times podcast, they were outraged. Why was this man from the Toronto area not behind bars?” With the addition “Abu Huzaifa al-Kanadi was already known to police and they hadn’t charged him. Not because he had recanted what he told the Times podcast Caliphate but because like almost all of the other returning ISIS fighters, police were not able to collect the kind of evidence needed to convict in a court of law“, now we know that Canadians are only hard in the ice rink and beyond that socially a little soft, but to see this and consider that under the laws there is a lager mess all over Europe, how much anger is Europe in? These people are not beyond identity fraud and even as the Dutch have their A-game in place, the same cannot be said for scores of places like Poland, Czech Republic, Germany, Romania, Hungary and even Sweden has a few flaws in place. All nations where entry into Europe becomes an open playground, that is the ISIS setting we have to fear, a fear that is not going away and will become more and more real soon enough. Even as we see the mention of the events in France a year ago regarding Redouane Lakdim, I believe that the Independent was right (at https://www.independent.co.uk/news/world/europe/isis-europe-terror-attacks-france-shooting-uk-france-terrorist-groups-islamist-danger-a8270941.html) with “the attack in the Carcassonne region by a single gunman, said to be a Moroccan petty criminal from the area, proves very little about the strength of Isis as a continuing threat“, for the most they are right, yet the push to prosecute 800 European ISIS fighters in Europe is a debatable wisdom, the danger that another 100 arrive in Europe unnoticed and they start their ‘consideration’ using $200 million is not without risk, moreover when some of the 800 avoid prosecution, or even are prosecuted to remain under house arrest, or low level security incarceration, only to disappear a few weeks later is a larger risk than most consider. We might think that it is going towards ‘Suicide attack in Afghan capital kills at least 31 people during Persian New Year‘, an event like that in Europe would be very visible, yet that is not the danger that Europe faces. The larger dangers are the explosives that cripple energy in places like Leverkusen, Dusseldorf, Lopik, the Vattenfall energy locations, attacks that cripple European infrastructure for more than a few days. Not the 31 bodies but an infrastructure that impacts quality of life and national economies is the danger the Europeans are not ready for. Their infrastructure is not ready, their manpower is insufficient and ISIS only needs to get it right once, after that any subsequent success will impact Europeans more and more. That was forever the danger Europe faced. Even as I wrote about it on February 17th (at https://lawlordtobe.com/2019/02/17/two-sides-of-currency/) in my article ‘Two sides of currency‘, where I wrote: “there would be a massive security concern in Europe, the fact that we now see ‘the focus has been on trying to raise standards in the swift sharing of information‘ is evidence that the EU has been sitting on their hands for too long a time“, a failure on immigration data, the issue of well over 500,000 refugees and no verifiable data whether they are real refugees or ISIS refugees relocating to better shores. The fat that this failure is there and has been thee for over 6 years is a much larger concern and most nations are too underfunded and too shallow to do something about it, their data systems inferior, their collected data unshared and all of it with a lack of verification. That is what several EU states face and now as we are confronted that 200 million has gone walkabout with ISIS fighter, do you still think that there is little to worry about?

The fact that only last October we were faced with: “Greece is taking urgent action to tackle Islamist extremists who have infiltrated a large refugee camp on Lesbos and are alleged to be coercing migrants into joining Islamic State“, proves me right. The only matter is if one got found out, how many were not? There is actually no way to tell, but any politician claiming that there is no issue is too much of a security hazard to be taken seriously. There are a whole host of reasons on why nothing has happened yet, but the largest danger is not whether they will strike, but will we be able to stop it when they do? The danger of 6 years of inaction on almost every side is also a danger that complacency might have set in long ago, there is however no way too tell if it was already too late, with the dispersal of ISIS a new age starts and it is one where lone wolves optionally get to make a name for themselves causing all kinds of new clusters of self-proclaimed jihadists and we have no way to determine the dangers, yet what is a real danger is 200 million out in the open. The amount of goods and people that it buys, especially in this day and age is a little too much unsettling.

We can only wait and see the impact, for those not in that battle, we can only remain observant and wait when it happens. Europe is a little too large and 800 people can remain unnoticed for too long a time, especially in this day and age.

 

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Our BBC alarm clock

It is Thursday, I just finished a baguette with salami and I was just going over the news (as one does) and I was hit by something stated in the BBC. I was not sure on how to react, but it made me take another look at certain matters. The event was initially about Saudi Arabia and their need for a nuclear reactor, they want to diversify their energy options. The one nation where sunlight would imply the need for large Elon Musk batteries to light Riyadh at night, whilst they get charged by free sunlight during the day, that one element is seen. Yet, they want a nuclear reactor requiring a huge water source to cool the entire matter. OK, that is their choice, and I am fine with it (no one cares what I agree with, I don’t care myself either). Yet the setting changes when I am confronted with two parts. The article (at https://www.bbc.com/news/world-us-canada-47296641) gives a few elements that become debatable in more than one way. So as I am listening to golden oldies like Atom Bomb Baby by The Five Stars (my sense of humour remains in place), as well as Civilization (Bongo Bongo Bongo) by Danny Kaye, songs that matter in this case. The first quote is: “Whistleblowers told the panel it could destabilise the Middle East by boosting nuclear weapons proliferation“, so why whistle blowers? Political impact does not require whistle blowers, there is no guarantee that it would result in destabilisation (it is likely though), and WHY EXACTLY did the BBC ‘hide’ behind the Whistle-blower statement?

The second part in all this is: “Lawmakers have been critical of the plan as it would violate US laws guarding against the transfer of nuclear technology that could be used to support a weapons programme“. So how does that relate to the Iran nuclear accords? America might have left it, but they were in the centre of all this. So, exactly why is there optionally a law against it and seemingly Iran was catered to, to begin with, and is still catered to at present by Europe. At this point everyone needs to sit down and really consider what their political representatives are up to all over the globe, because things are not really adding up at present.

Finally we get: “They also believe giving Saudi Arabia access to nuclear technology would spark a dangerous arms race in the volatile region. But concerns around rival Iran developing nuclear technology are also at play, according to US media“, if that is the case why allow talks with Iran to get it in the first place? And how exactly is ‘according to US media’ a valid response? And exactly who are the players in that US media mess? Does that not worry you?

Then we get the house report, based on whistle-blowers (who exactly?) where we see: “within the US, strong private commercial interests have been pressing aggressively for the transfer of highly sensitive nuclear technology to Saudi Arabia

There is a larger play in this; the issue becomes who exactly are those ‘private commercial interests’? It seems that the media (including the BBC) is all about creating awareness whilst those writers are all about ‘not stepping on any toes’ and in light of the linked term ‘nuclear weapons proliferation‘, yet the BBC does not disappoint. We also get:

The commercial entities mentioned in the report are:

  • IP3 International, a private company led by ex-military officers and security officials that organised a group of US companies to build “dozens of nuclear power plants” in Saudi Arabia
  • ACU Strategic Partners, a nuclear power consultancy led by British-American Alex Copson
  • Colony NorthStar, Mr Barrack’s real estate investment firm
  • Flynn Intel Group, a consultancy and lobby set up by Michael Flynn.

Now we are off to the races! You see, even as IP3 International is visible on their website (at www.ip3international.com) with: ‘A global enterprise to develop sustainable energy and security infrastructure‘, we need to realise that this is a presentation play (everyone is allowed to do that). Sustainable is often used as it more than not can be replaced with renewable energy (which is still not the same), the larger issue is that there is a sizeable debate as it is also an increasing controversy over whether nuclear energy can be considered sustainable energy.

The textbook gives us: “meets the needs of the present without compromising the ability of future generations to meet their own needs“, which is reflected in: Kutscher, C.F.; Milford, J.B.; Kreith, F. (2018). Principles of Sustainable Energy Systems, Third Edition, I believe that IP3 International is revenue driven and one tends to go to the players that can pay their bill, I would see it as an innovative thought to go to Saudi Arabia, if only (according to law) it was not illegal. Yet there is the second stump in all this, you cannot start that conversation with Iran and not optionally refuse to have it with Saudi Arabia. And now the music is still on par with the events in play, because the song at present is ‘Grandma Plays the Numbers’ by Wynonie Harris. It is not a bet and the players are not hedging their bets, the issue becomes Politico (at https://www.politico.eu/article/mohammad-javad-zarif-iran-to-eu-give-us-more-to-preserve-nuclear-deal/), which gives us “On the nuclear deal, from which Trump’s withdrew last year, Zarif said a so-called special purpose vehicle set up by the EU to allow European countries to keep trading with Iran despite U.S. sanctions fell short of what Europeans had promised. In a clear message to European powers, he said domestic support for the deal was fragile — with 51 percent of Iranians in favor, according to an opinion poll“, it is not about the deal, it is to some extent as to where 49% of Iran wants to be as the margin is too close to call an actual win. What is important is where the hardliners stand and what path they want to walk on, it makes all the difference in this.

The other party that draws attention in this is Michael Flynn and his Flynn Intel Group. Even as it is seen as a consultancy group, the issue is optionally seen with “In January 2017, National Security Council staff began to raise concerns that these plans were inappropriate and possibly illegal, and that Flynn had a potentially criminal conflict of interest“, the imperative part is ‘possibly illegal‘, it does not state ‘should be regarded as illegal‘, the difference makes for all the difference here and the fact that this is not clearly stated implies that this is a political push, optionally against Saudi Arabia, and optionally to keep nuclear energy out of the middle east completely. When we realise that the issue changes, it does not merely require Europe to stop any Iran nuclear deal, it gives different levels of rise to the political pressures in play. The fact that we see (source: Ars Technica): “Flynn had decided to adopt IP3’s plan to develop “dozens of nuclear power plants” in Saudi Arabia during the transition while he was still serving as an advisor to IP3. Harvey also said that Barrack would be made a special representative, with credentials equivalent to an ambassador, to guide the plan“, yet the entire matter of ‘there is bi-partisan concern regarding Saudi Arabia’s access to nuclear technology‘, we seem to get a little less informed that this is not about the material itself, it is about upgrading the fuel required to upgrade it to weapons grade, that is the actual turkey in the oven.

And it is at this point that Bing Crosby starts sing Pistol Packin’ Mama. You see, we seem to forget that there are a few ways to upgrade Uranium towards a less acceptable use. It’s like stone washing your jeans (a small reference to alternative ways to upgrade Uranium), when you start looking into the matter, you can find several ways to upgrade the fuel to a boom point. That is where the issue is hiding at and when we go back to the case where people re happy to in like Flynn with Saudi Arabia, we get confronted with a memo that is seemingly linking former NSA Director Keith Alexander, when we look at the sources, there is a lot alleged, implied and not a whole lot valued as evidence (which does not make it true or false). The part that matter is that this is a lot larger and there is not a whole lot of information on the legality of it all (in one way or another).

The mess goes on and even NPR gets involved. We are all treated to: “Let’s take a closer look now at what a transfer of highly sensitive nuclear technology to Saudi Arabia would mean for U.S. national security“, yet how valid is that today? The first nuclear reactor was built in 1942, it is an energy solution that has been in place for almost 77 years. There are now 31 nations that employ nuclear energy, nations that include Armenia, Argentine, Romania, Netherlands, Sweden, Slovakia, the UAE and Switzerland. So how sensitive is that technology? If the technology is up to date (which might be sensitive) does that not also include that the reactors are safer? Should safety not be the largest concern in all this?

Well that is not entirely the story and it is Ars Technical that gives us: ““We remain concerned that the Saudi Government has refused, for many years, to consider any agreement that includes so-called ‘Gold Standard’ requirements against pursuing technologies to enrich uranium and reprocess plutonium-laden spent nuclear fuel,” the senators wrote in their letter to Trump.” that was the part that the BBC did not give us, so even as part of that still needs to be vetted, yet if true, there would be a partial issue, yet in all this we still see that Europe is willing to give it to Iran and as such, should Saudi Arabia not be entitled to that choice too?

When we see the elements in play is it actual about stopping Saudi Arabia getting a nuclear reactor, or is it about stopping a handful of former admirals and generals laying their fingers on $200 billion? In the end whatever happens, the players forget that Russia is eager to serve Saudi Arabia with the 20 nuclear reactors that Saudi Arabia in committed to switch on in under 36 months. It seems to me that the United States or those reporting via the US media are all about removing the US as the larger economic power. That is how I personally would read it, the entire mess has too many angles and too many ‘possibly illegal‘ and ‘concern regarding access to nuclear technology‘, whilst the list of nations with nuclear reactors is already way out of control, and we read this, whilst we know that Russia and China are eager to put their fingers on that much revenue, when you want to buy a car that does at least 250Km, are you going to wait in front of the Ferrari door, or do you accept that Lamborghini and Aston Martin are not second choice cars, they are equally great choices in really fast cars. When we realise that part of the equation, we might consider that the Americans: General (ret.) John M. Keane, U.S. Army, General (ret.) Keith Alexander, U.S. Army, Rear Admiral (ret.) Michael Hewitt, U.S. Navy, Admiral (ret.) Kirkland H. Donald, U.S. Navy, Lieutenant General (ret.) Patrick J. O’Reilly, U.S. Army are not merely Americans, they might be the few true Americans left in that place. We catered to Wall Street for so long, we forget that innovation and had work and proper commercial deals made America great, short selling stock a lot less so, and even as we ‘acknowledge’ that these fine gentleman are still being mentored (or is that insightful advised) by Robert McFarlane, we need to realise that the entire media mess is set in motion for very different reasons. I am not pretending to know the reason, yet those so called whistle-blowers have their own alternative need, I wonder if we ever get the truth on that part of this much larger equation.

 

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Those dodgy numbers

We knew it was going to happen, we knew that there would be some term of hardship, everyone knew this. So when the media is lashing all out whilst they know that they are misinforming the people intentionally. We have to wonder why we are not making short work of the media as a whole. So as the Independent gave us (at http://www.independent.co.uk/news/business/news/eurozone-gdp-growth-rate-uk-second-quarter-2017-eurostat-ons-eu-brexit-a7870811.html), ‘Eurostat’s ‘flash’ estimate for growth in the single currency bloc was 0.6 per cent, double the 0.3 per cent estimate for the UK from the Office for National Statistics last week‘ we have to start asking questions. You see, the numbers are correct, they are all about the correct numbers, yet the clarity that is also behind it, mainly what Forbes and a few others tell us with: “We have the results of the composite PMI for the Eurozone and this is showing that the economic growth in the region is slowing. This really is not quite what is desired, especially as we’ve still got the ECB going all out on quantitative easing” we need to wonder what the game of the Independent is. In addition there is from that same Forbes piece: “in this day and age, people tend not to order the parts to make something until they’ve committed themselves to actually making it. So, what people are ordering to make things from is a really good guide to what is going to be made in the immediate future. We then standardise the measures so that we’ve an index, anything above 50 indicates expansion, below contraction. The one really great joy of PMIs is that they are a very good guide to what is about to happen” and that part of the equation is a slowing economy. Even as we see “A falling Eurozone PMI isn’t a disaster but it’s not exactly what we want either” we see what matters, in the age of 60 billion a month QE, we see in equal measure that the economy is slowing down, so in all this, did the independent give us that, or are they in a ‘lashing mode’ on how the EU is at twice the presented strength? And the term ‘presented strength’ is actually a lot more important than you think.

You see, this is important when we consider Mehreen Khan’s article in the Financial Times (at https://www.ft.com/content/edd41c68-76a4-11e7-a3e8-60495fe6ca71). Here we see: “Separate figures from a business survey showed the Eurozone’s manufacturing sector is in the grip of a jobs boom. Factories in France are hiring at their best pace since 2000 and in Spain at a rate not seen since before the start of monetary union in 1998, according to IHS Markit’s purchasing managers’ index“, interesting that both are referring to the PMI is it not? Another article in the Financial Times is giving us ‘Spain unemployment rate has fallen to a 9 year low’, which is great for Spain, yet again, it is merely part of the issue. The fact that it is over 17% is still an issue. Even as there is a drop, it is August, the tourist season is starting to peak this month and that is good for Spain, I am happy for them, I actually am. Yet, the issue is that the drop of 26,000 claims is merely a temporary one, because as tourist season winds down in 8 weeks, these people will get back on the unemployment books, so it is merely a very short term benefit. In addition, it might be better than another time, yet when we consider that the increase started in 2007 doubling the amount in 26 months is another given missing. In addition, there is still the issue not merely of the unemployed, but the internal drain it causes to the coffers (source: Statista). So in my view any benefit Spain gets at present is merely setting the clock forward a mere quarter. Unless an actual economic improvement comes to Spain, we see mere posturing through ‘presented strength‘, not by actual growth or gaining actual strength. It takes three quarters to get a true visible growth to show and the newspapers are keeping silent on that, they hide behind ‘but that is tomorrow and this is now‘, which for the most is correct, yet as they know from various sources that there is already a visible slowdown, the presentation they give is a fake, it is presented fake optimism, some might refer to it as ‘fake news‘.

The fact that the BBC gave a similar view (at http://www.bbc.com/news/business-40774654) does not make any of them a liar, they spoke the truth with “The rate dropped to 9.1% last month, from a downwardly revised 9.2% in May” the fact that France, Spain, Italy and Greece are dealing with global tourism that brings them money, so they need staff is perfectly valid, yet here too is the missed information that is not shown. These nations depend on Tourism. In France and Italy we might see the year round tourism for Paris and Rome, but those two parts are extremes. What is not an extreme is that all three rely to a part on tourism, a valid dependency. Now we consider two sources, the first (at https://www.imtj.com/news/european-tourism-figures-show-growth-2017/), gives us “Several destinations report a rebound in arrivals from Russia -Iceland (+157%) Cyprus (+122%) and Turkey (+88%)-. Overall, outbound travel from this market is projected to improve in 2017“. Now, we need to remember that this was a June article, part of it was expected growth, which is fair enough. The second source Statista (at https://www.statista.com/statistics/186657/travel-and-tourism-scores-of-countries-from-europe-in-2011/), gives us a chart with Spain, France and Germany showing a rise beyond 5% and training Italy with 4.99%, a decent growth all perfectly valid, so when you realise that, and when you see that the impact was a dropped from 9.2% to 9.1% in unemployment rate, is that still a good thing? The rise of these three nations alone (others nations all have tourism, yet not that high), consider the tourism needs; how come that the drop for the short term was not stronger to let’s say 8.7%? That would have been a clear indication of progress, 9.1% even in the short term is not progress and that part remains undiscussed by the media, is that not strange? They have been slamming Brexit through speculations in dozens of articles, and the reality of this so called double economic growth versus the UK is not set into a complete proper context. Even as several sources show the European slowdown. The EU has 8 more weeks until summer is over, what happens then? Will we see the message of a non-anticipated slowdown, or will we see that the slowdown was larger than anticipated? When you see that part, could you decide to trust the media you rely on?

However the independent also gives us “However, the UK economy has grown faster than the Eurozone’s since the 2008 financial crisis, reflecting the single currency’s multiple crises between 2010 and 2013“, which is true yet in this, they also fail to mention that there will be some level of slowdown and the Eurozone will make some level of temporary improvement, the question is for how long this happens. I am slightly less optimistic, yet also hesitant to be too negative. When the dust settles in the Middle East, we know that the Netherlands have two massive opportunities and a few other options through the large projects in Oman and the UAE, those large projects are the kind of solutions that put the Netherlands in the engineering top of the planet. The options could propel that small nation with most of it below sea level in scale and equality to Germany which is roughly 900% the size of the Netherlands. As Germany is one of the large 4, the Dutch achievement would be close to a legendary one. And if there is a large boost to the EU economy it will not be less likely to come from Germany than it will more likely to come from the Netherlands in both 2017 and 2018. This was always a reality that the EU and Germany faced, things will turn around, yet for the short term the EU numbers would probably boost. What is important is that it would not have impacted the UK in any way other than the presented numbers of difference. In this the UK is not on par with the EU on the short side, yet as European tourism falls in autumn, the numbers will no longer look against the UK to that degree and we will suddenly see different mentions, in this some of them are already a near given, so when we see “The single currency zone has now seen 17 successive quarters of growth. The unemployment rate in the Eurozone currently stands at 9.1 per cent, down from 12 per cent in 2013, but still double the UK’s current rate of 4.5 per cent“. OK, I will accept that, yet what I miss is the part that needs to be given with the quote ‘17 successive quarters of growth‘, so how much were these quarters of growth and how did they compare to the UK? It seems that this part is equally missing. In addition there is another part missing, this related to the final quote in the article. With “Other data last week showed that, within the Eurozone, France’s GDP expanded by 0.5 per cent in the second quarter and Spain’s by 0.8 per cent” you might wonder, yet when we look at Statista (at https://www.statista.com/statistics/263008/gdp-growth-in-eu-countries-compared-to-same-quarter-previous-year/) we do not see the same part. We see the Q1 numbers where France and the UK are on the same foot, Italy trails by 0.1% and Spain is ahead by a fair bit, which is the part that impacts and matters, yet the high note comes from Ireland, Estonia, Malta and Romania, which seems like a powerful impact, yet they are together a mere fraction of the EU output, which is why France, Spain and Germany are so important, they are the lion share together with the UK. Only when we look at the last 8 quarters can we see numbers that make actual sense to some and whilst the future is not a given, the knowledge that there is a slowdown coming, there we see that the hyped EU numbers are slightly over the top in my view. So as we accept that the 2 of the large 4 would have much better numbers in tourism season, the fact that the unemployment numbers were projected down by 0.1% is still a much larger issue than most people realise. What is phenomenal is the fact that the impact on tourism is better for Greece. They reported yesterday that the number of international arrivals in the first half was up by well over 10%, which is awesome, as the Greeks should be getting loads of good news after all the garbage they went through. The two sources, the first (at http://www.tornosnews.gr/en/tornos/trends/26630-greek-minister-spectacular-tourism-figures-in-2017.html) gives us: “there is a huge increase in overnight stays and hotel occupancy, ranging from 80% to 95% in most tourist destinations, as well as record arrivals in some of them. The Minister also referred to important economic benefits from the tourism industry, particularly from non-Schengen countries“, which means that the local Greeks will get a relief from the pressure they have had for the longest of times. The small issue that temperatures are up to 41 Celsius might not be the best thing to be confronted with, yet over all they heatwave will give the sun the hours of baking that the tourists love so much, it would also increase the need for windy trips (on boats with sails) and those enjoying places like the caves of Lasithi (in this, I have personal experience that visiting Knossos is a really bad idea, but several museums in Iraklion tend to be nice and cool. another source is giving us (at http://greece.greekreporter.com/2017/08/05/a-record-3-2-million-tourist-arrivals-expected-in-august/). This gives us “Russia and the Netherlands have marked the greatest rise in seats by 25.8% / 46,000 and 18.3% / 26,000 seats, respectively. Top Greek destinations include islands of Crete, Rhodes, Zakynthos, Kerkyra, Mykonos, Santorini and Halkidiki. Tourism professionals are forecasting the same performance in September, citing a total of 2.73 million seats booked for the month after“, implying that it will be a much better year than hoped for, and good for them I say!

Yet in the back of our minds will be not just for the European zone, more precisely, what will Greece do next? In this day and age tourism is great for them, yet they still have the other three quarters to deal with and in this they might have options and opportunities, it merely becomes the view on how to address it and which model to change so that it becomes a benefit.

They are all issues people want to address, yet in this we need to realise that the dodgy numbers are not a help. They are merely the approach towards undesired thoughts and in the end presented strength is no strength, it becomes strength when it is acted upon and results in a positive outcome, this is why quantative easing is never an actual solution. It is merely an option for those who are paid and reflected on the presented result with quarter on quarter growth. The fact that there is a new multi trillion debt is not what their bonus is balanced on. That is the part that people forget. I state to you here that I can go into the USA tomorrow and get a firm with $2 billion if revenue within a week. I have access to all the materials. I merely want 1% of that revenue as a bonus. Now consider that I am selling Official US currency $20 bills for $9.99. I get the bonus because I made my revenue, yet the fact that there is a $1 billion loss is not my issue, it will be for the registered owners of the business and if I set up an LLC with my finding founders, go bankrupt after the exercise one week later, I am still entitled to my $20 million severance package. This is the reality of quantative easing. People like Mario Draghi will not call it like that (and in equal measure find my example way to simplified, which is partially true), but it is the reality that they face in Europe. So as we see the reported news on how the UK is merely 50% of the Eurozone, we need to realise that there is a blowback from the actions that they are taking and in the long run only the bankers and the top of the ECB will be smiling enjoying life in the luxury estates that they own. I feel that we will see a strong impact of what happened before on the 26th October in Oslo Thursday. On that day we will see

  • Norway Central Bank announces interest rate decision – 0800 GMT.
  • Stockholm – Swedish Central Bank announces interest rate decision. Monetary Policy Report will be published – 0730 GMT.
  • Frankfurt – ECB Governing Council meeting, followed by interest rate announcement
  • Frankfurt – ECB President Mario Draghi holds a press conference, after the interest rate meeting Monday, October 30th

The press conference comes three days later, so after the 3 day speculation there will be the press meeting with even more speculation all that as the Christmas temporary need for short term staff is announced in several global places. I will let you work out what speculation will be offered. I am not having too much faith in the upcoming actions. Merely an anticipation of a media assisted manipulated bad news through overly optimism. It is merely my speculation on the matter.

 

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From Qatar to the United Kingdom

The last few days have been all about the issues of elections and the gratifications some see with the Labour party. I am impressed on just how gullible people can be. It’s like the need for common sense has gone straight out of the window. The last time the Labour party pushed the UK into deep debt, now because of Austerity the people think that the Labour party will change this. So what do you think will happen when another trillion in debt is added? Its like politicians have gone crazy. Spending without accountability. When will it end? And if you think that the UK is so much better than Greece, than it is important for you to wake up fast, because the debt of the UK is well over 700% of Greece. For now, the UK is above the curve because of manufacturing, tourism, service related profits, but when that curve falls down it goes south in a hurry. Where will you be then? Most will think that it is for someone else to fix, but those short sighted people will be around when the cost of living is up by 20% whilst your income has a mere 3% correction. that is the reality of what is to come. On the other side, Theresa May has mace mistakes, she bungled the balls a few times and that is a flaw that did cost her a majority. Yet, the end is not yet in sight. If the Conservatives can set a correct dialogue with the Lib Dems, then Tim Farron will have 4 years to show he is a leader, to show that the Lib Dems matter. In 4 years whilst we get a clueless Jeremy Corbyn stating how he promises thousands of jobs whilst the treasury has no way to pay for it. Until the tax system will get a true overhaul and take care of the 0.1% tax bracket for the large corporations, there is no chance that anything will be fixed. It is a mere reality all those in the UK face. And Scotland, well they went foolish on a second referendum and 35% of Scotland decided to find another party. Yet there is also the other visibility, the game that should have never been played against the foolish move. Yes, the majority is gone, but 13 seats against the non stop media heist of the truth and playing whatever story would erupt in the most readers and emotions. That game could have given a much larger cost to the Tories by the end of the year. That is merely my view, I have no way of proving my view, which in equal measure means that I could be wrong.

So what is left? Time will tell, but the next events of the Brexit is about to be due. As we see places like the NY Times give us “It enhanced the possibility that a chastened government led by Mrs. May would now strike a less confrontational approach with Europe while seeking a way to keep Britain within the bloc’s large single marketplace“, we have to wonder who is facilitating who? With the additional quote “The European authorities have consistently emphasized that Britain’s continued inclusion in the single market requires that it abide by the bloc’s rules — not least, a provision that people be allowed to move freely within its confines“, this is part of the problem, because it is showing to be unrealistic and the other players, none of them want certain people. They are so happy that all those travellers believe that the UK is the golden dream. When those people end up somewhere else, we are confronted with over half a dozen members who see their own infrastructure collapse. There is Austria with new anti-migrant measures, with ‘protective zones‘ and a whole lot of other issues. The less said about Greece the better, what is a given is that they are under such stress that their reactions make sense, yet most of those illegals don’t even want to be in Greece, they are just passing through. The Albanians being one of the larger illegal immigrant groups is giving the impression that Albania is empty. Bulgaria is setting up barbed wired fences. Those people all howling for free movement are all trying to get rid of the problem. The open borders have failed, only for large corporations needing zero hour workers, they prosper. And those in ‘charge’ in the European Union play their game, their defiance in support of the gravy train. And then we see a new quote, one that gives rise to certain media playing the game they are. “In short, the election has complicated the assumption that Britain is headed irretrievably toward the exits, producing a moment in which seemingly everything may be up for reconsideration“, this was the game all along. those behind the screens, those deciding on the flow of trillions, they need their 34% profit annually, without the UK where it is now, that is no longer an option and the voice of Italy is still not a given at present. So when you read: “Those who have favoured Britain remaining within Europe, or at least softening the terms of its exit, now have “an expectation, or at least a hope, that cooler heads will prevail,” said Jeremy Cook, chief economist at World First, a company based in London that manages foreign exchange transactions.” Is it cooler heads, or greedy heads? There is cause for consideration that a hard Brexit was never a good idea, but as the EU cannot muzzle or chastise Mario Draghi, the EU is becoming too dangerous a place to remain in. It gives additional cause for concern as the deep web has a speaker who has been advocating the need for targeted killing of certain finance officials. I am not sure that this is a good idea, but prosecuting politicians who cannot maintain a neutral budget is not a bad first step. the problem is that Strasbourg is more about protecting terrorists and their rights than it is to protect victims of exploitation, because extremists hiding behind laws is often easier than doing the right thing for the victims they create.

The dark web has a good thing, it lets me see some elements completely unfiltered, yet you get it all, all the hypes, the rages, the ragers and the emotions, you need to learn to filter the values. Which is at times a lot harder than you think. So when you dig beyond grams and the easy access to drugs and weapons, you could find a few places that offer an option to those willing to be tools for a little while. the payoff is extremely large, yet that also beckons what the facilitators get. You see, getting a 7 figure number buys silence, yet in that view, what will the payer get, what is worth facilitating a 7 figure reward for? Some of these offers are getting louder and more frequent. This implies (highly speculative) that there is a hole in the net and certain entrepreneurial players are going whilst the going is good. Several addresses offered even more since the elections, implying that as there is a hung UK government the going is better. I am speculating that there is a finance hole that can be exploited for now, it is speculation, but it is all I have for now. These people are so paranoid that it makes Alexander Bortnikov a mere naive and trusting teenager, an interesting version of the director of the FSB, don’t you think?

We need large changes and throwing money at it will not yield the people anything, merely deeper debt. It is for that reason why I refuse to trust Jeremy Corbyn. Yet these issues are on one side, the other side is equally an issue and equally a problem, also for the UK. Qatar is now in a different place. It started yesterday with ”There is no trust’: Gulf states give up hope on Qatar’  (at https://www.theguardian.com/world/2017/jun/09/qatar-united-arab-emirates-diplomacy). This is not that unexpected, but that we see actions by UAE, Saudi Arabia, Bahrain and Egypt gives rise to more extreme measures. Qatar is now surrounded by people who have had enough of them. As we realise that the quote “Omar Saif Ghobas, the United Arab Emirates’ ambassador to Russia, one of the most eloquent exponents of UAE thinking, insisted the new anti-Qatar alliance was not planning a military invasion or externally enforced regime change. Instead, he said Qatar had a history of internal regime change, implying the UAE would welcome the removal of the emir” with in addition “It is Turkey that is militarising the position“, we now see a first move where Turkey has become a much stronger problem for Europe. And some of the EU players were so adamant in getting Turkey added, even as there were several cases clearly shown that Turkey should not have been allowed into the EU or NATO. So where are those advocating to add Turkey now? They should be placed into the limelight and be held publicly to account. The two key supporters were Poland and the UK. So here we see the issue with Boris Johnson. How could he have been so stupid to get on that unreliable horse? As we see Turkey go off base more and more, the higher the need for Boris Johnson to seek another job and get a haircut. Is that a fair assessment?

Qatar has been a problem for a while now and when you see 4 nations who at present prefer to do business with Israel instead of Qatar, we can honestly state that there is an escalating issue in the region and Turkey is making it worse. Now, wee look at the news we got 6 hours after the initial news (at https://www.theguardian.com/world/2017/jun/09/qatar-crisis-grows-as-arab-nations-draw-up-terror-sanctions-list), where we now see: ‘Qatar crisis grows as Arab nations draw up terror sanctions list‘, it starts with “Saudi Arabia and its Gulf allies have sanctioned a dozen organisations and 59 people it accuses of links to Islamist militancy – a number of them Qataris or with links to Qatar – escalating the diplomatic crisis in the region“, which is a mere way to appease the neutrality of our palette. You see, the news is not just on “increased military cooperation with Qatar, including the potential deployment of Turkish troops“, I think that the ‘support’ has been going on a little longer than we think. It is my speculative believe that someone in Qatar has been facilitating Kurd intelligence to Turkey in some way. For a price Turkey got information and this has been a facilitating event. I cannot prove in any way the idea that the counts that Turkey offers is highly overstated and in fact, their attacks are not as successful. It is the way that we see some of these events reported, that is why I questions some of the numbers. Here I could easily be wrong, so don’t take my word on that.
The reason to mention it is because Turkey is following another pattern, Qatar is so out of the way, it makes no sense to get on the wrong side of Saudi Arabia, the UAE and Egypt, at present I cannot state whether the Turkish military are going insane or that there is another play in action. What is a given is that this will escalate further and it will impact Europe as well! To what degree remains an unknown for now.

So, as we go into a theatre mode, let’s go with ‘Pigs in Space’, we have to narrate towards the next episode with: ‘Tune in next week when we see Boris Johnson getting a haircut, and as the man behind health states, would you like to be in charge, does he have the £350m a week entrance fee? And when the head nurse needs some elevation, will The Lord Newby, also known as Baron Newby et a Saudi Nurse? That and more is answered next week in Piiiiiiiiigs in Spaaaace’ Yes, that was mildly entertaining, but it gives reference to a part many might have missed in the Guardian last week. The article ‘The Qatar spat exposes Britain’s game of thrones in the Gulf’ (at https://www.theguardian.com/commentisfree/2017/jun/05/qatar-spat-exposes-britains-game-of-thrones-gulf-paul-mason). It has more information than you bargained for. We can all hide behind “Britain cannot solve the diplomatic crisis in the Gulf. But it can stop making it worse”. You see, it all sounds good and gravy, but over the decades’ nations made alliances, they made choices and some those are long term. In addition, is the UK better off staying out of it, or try to get a result that fits the needs of the United Kingdom? That is the question is it not? We either align or we let others dictate future global events. Saudi Arabia is a global player, Qatar is not. Some choices are hard and in this Labour is very valid in making a different choice, that cannot be held against them, what can be held against them is them thinking that there will not be long term consequences. That is just utter stupidity on a podium. That is the play, that is the game, so as we align with some and align wrongly with some, we cannot just move towards the others stating, lets play a game. We either commit or state openly that Turkey is a clear and present danger to Europe and the European way of life and let the chips fall where they may. I wonder how quickly some politicians (read Jeremy Corby) spin that in any direction away from them at the drop of a hat. So is one view hypocrite, the other view, or are we considering that electing hypocrites into office comes at a price we all have to pay for?

Just sit down and consider that one. That is after you contemplate the meaning of Mario Draghi’s ‘policy normalisation’ and what it is about to cost you. So have a lovely weekend and enjoy a nice slice of cake on Monday!

Long live the Queen!

 

 

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The failure of a current generation

If we look at the failures that we have seen going all the way back to the 80’s, there is a growing concern that the United Nations might be the biggest failure of all. Before I go into the deeper more complex parts, let’s take a look at some of these failures, whilst we need to realise that other optional successes have no impact at all.

June 2016, it might be one of the few times where the existence of a whistle-blower was essential. Anders Kompass, director of field operations at the UN human rights office in Geneva was suspended because he became the whistle-blower on exposing the sexual abuse of children in the Central African Republic (at https://www.theguardian.com/world/2015/apr/29/un-aid-worker-suspended-leaking-report-child-abuse-french-troops-car). A man suspended whilst elements in the United Nations were on an eager path to distort the truth. The Deutsche Welle (at http://www.dw.com/en/bolkovac-un-tries-to-cover-up-peacekeeper-sex-abuse-scandal/a-19082815) gives us: “continued scandals surrounding the UN botched, covert and now overt, attempts to remove, terminate and discredit those who blow the whistle on their deeds. The terms cover-up and whistle-blower are common within the walls of the United Nations and peacekeeping missions“, in addition we see “The cases involved the officers from many foreign countries, including the USA, Pakistan, Germany, Romania, Ukraine, government contractors, and local organized criminals. The human rights investigators were never allowed to fully investigate, the suspects were immediately removed from the mission or transferred to other missions“. When we look at the French side we see: “A statement from the defence ministry said the government “was made aware at the end of July 2014 by the UN’s high commission for human rights of accusations by children that they had been sexually abused by French soldiers.” An investigation was opened shortly after by Paris prosecutors, it said. “The defence ministry has taken and will take the necessary measures to allow the truth to be found,” the statement added. “If the facts are proven, the strongest penalties will be imposed on those responsible for what would be an intolerable attack on soldiers’ values.”“, the issue now remains that as far as published there have been no convictions, no prosecutions have been completed after nearly 4.5 years.

March 2011, an armed conflict rises in Syria, within a year this conflict goes out of control and Syria becomes a nation where extermination and mass slaughter are the foundations of what should laughingly be regarded as Arab Spring. Syria becomes a cesspool for growing extremists and terrorists. The UN influence to broker anything substantial is set to 0%, as Syria does not have the massive resources the rich nations need, Syria is seemingly isolated so it can kill all opposition until the population becomes zero.  As the participating nations reach 45, we see that no actual incursion is ever made by NATO. Both are afraid of a new Vietnam and with the USA being pretty much bankrupt, no military activities on the ground will be possible. The failure of the United Nations grows and grows and reaches new heights (or is that a new extreme lows?) on 21st August 2013, when a chemical attack hits the Ghouta region of the Damascus countryside. In addition, on several occasions, some as recent as February 2017, the Syrian government forces have been using coordinated Chlorine strikes in a strategy to retake Aleppo. There have been no UN sanctions as Russia and China voted against these resolutions, making the United Nations the joke it has been for far too long.

So far, from these two events alone, the UN shows to be a talk, talk and no action operation that is costing the nations of the world billions, whilst nothing comes from it. The UN only has itself to thank for its own failure to get anything done. It might be not too diplomatic, yet when I see quotes like “worst man-made disaster since World War II” UN High Commissioner for Human Rights Zeid Ra’ad Al Hussein seems to be stating the obvious that nobody will fix or act against. I wonder, if these ‘talks’ would have been happening in World War 2, how many nations would now have German as their national language? Do not think I am joking, because the evidence clearly shows that if the UK did not start its offensive against Germany in September 1st, 1939 (together with France mind you), Germany would have been able to complete several lines of defence that would have made Normandy no longer an option. In addition, the Battles of Salerno and Hürtgen Forest would have gone very differently. With limited losses in Hürtgen Forest, the Germans would have been able to counter much stronger in the Battle of the Bulge, making that victory as such a debatable point. These elements show just how cheap talk would have been and as such, a United Nations that has been regarded as talk only and no actions, the existence of the United Nations becomes more and more a point of debate. Even when we try to find what the UN costs the people we find next to no clear information in the Media, the UN gives us ‘Assessment of Member States’ contributions to the United Nations regular budget for the year 2017‘, with the United States paying $610,836,578 (22%), this is excluding the peacekeepers of course. Yet, when we see the UK paying $112,569,794 (4%), we need to wonder where this all is spend on, especially when we see ‘Credit from staff assessment‘, which in case of the UK is $11 million. The Netherlands at 1.4% has a $41,148,173 contribution, minus the $ 3,767,838 ‘Credit from staff assessment‘. So is it any wonder that every party wants to talk until the seas are dry? I cannot state that this shows the inaction of the United Nations to act, but we can wonder how Syria can act with “the Syrian Foreign Ministry sent two letters to the UN Secretary-General and the Director of the UN Security Council about what it defines as “Israeli aggression against the Syrian Arab Republic in outrageous defiance of international law, UN resolutions, the sovereignty of Syria and the ban on the attacking its lands.”“, this whilst no one in the UN is achieving anything regarding the use of Chemical weapons by the Syrian government on civilian populated areas. After 6 years, the war gets messier and the failing of the United Nations more and more clear. At present there are 11 million displaced Syrians. The information becomes a larger issue when we consider the Jordan Times (at http://www.jordantimes.com/news/local/jordan-second-largest-refugee-host-worldwide-%E2%80%94-unhcr), they give us “Of all countries, Turkey sheltered the greatest number of refugees, hosting 2.8 million by mid-2016. It was followed by Pakistan (1.6 million), Lebanon (1 million), Iran (978,000), Ethiopia (742,700), Jordan (691,800), Kenya (523,500), Uganda (512,600), Germany (478,600) and Chad (386,100)“, which is largely confirmed. You see the part that is not confirmed is “UNHCR reported that there are 4,289,994 Syrian “persons of concern” of whom 630,776 are registered as refugees in Jordan. There are about 1.4 million Syrian refugees in Jordan, only 20 percent are living in the Za’atari, Marjeeb al-Fahood, Cyber City and Al-Azraq refugee camps“, this implies that Jordan is dealing with 800,000 floating refugees. Yet the Refugee Fact Sheet, (at http://reliefweb.int/sites/reliefweb.int/files/resources/JordanFactSheetFebruary2017-FINAL.pdf) gives us: “the population of concern, A total of 728,955 individuals“, so there are numbers out there and all over the place. To some extent it is set to the different moment of measuring, yet some of the numbers are way too far of several marks. The question becomes what has the United Nations achieved in protecting and tracking these people over the last three years? This as well as the blunders we see in Greece, (source: the Guardian) we get “the $803m total represents the most expensive humanitarian response in history. On the basis that the money was spent on responding to the needs of all 1.03 million people who have entered Greece since 2015, the cost per beneficiary would be $780 per refugee. However, the bulk of these funds was used to address the needs of at least 57,000 people stranded in Greece after the closure of the borders on 9 March 2016, and on this basis the cost per beneficiary is $14,088“, we are looking at staggering amounts where 70% is basically wasted, down the toilet as some would state. In addition we get: “The decision by the UN Refugee Agency (UNHCR) to classify the situation in Greece as an emergency turned what had been a backwater posting into a major placement almost overnight. An office with a dozen staff who had previously spent much of their time overseeing contract workers assisting the Greek asylum service expanded rapidly. The UNHCR team in Greece expanded to 600 people across 12 offices. Roughly one-third of the workforce were international staff“, I wonder with a Greek unemployment rate why this was necessary. I have been to UN and SC sites, so I know that some functions need to be international for a few reasons, yet with the number as high as 34% beckons the question why not give Greek youth the chance to intern, make some money and get experience? We all knew that this was not going to be a short term issue and at present, if the Turkish deal falls through, there is every rick that some places will have border people sleeping round the clock as 200,000 refugees try their options going into Greece. So this situation is not over by long shot. It is in that part where I would opt that Vasilis Kikilias and Giannis Panousis fumbled a few of their own balls whilst being in charge of the Ministers of Public Order and Citizen Protection. It is not clear what mess they left for Panagiotis Kouroumblis to look at, but I reckon that there are a few issues that up to today are still not dealt with (I apologise if I am wrong), yet with the imminent risk of 200K more mouths to feed, pressures will only increase and that is right on the eve of the French elections where Marine Le Pen can claim ‘We are about to get hundreds of thousands of more refugees and security risks, what will Emmanuel Macron do?‘, if she gets to ask that question loud enough, Macron would sit with a non-response as the French Infrastructure might be in a much better place than Greece is, but such an overload of people is not something that they can easily deal with. Even as this group needs to get via several nations, if they get the jump from Greece to Italy, it will soon be game set and lost match to Emmanuel Macron. Oh, and that is before this pressure hits Italy in addition in more than one way, time will tell what it starts. Yet, most can agree that several issues will go from bad to worse in a very short amount of time.

All these events show the bitter disappointment that the people have started to realise that the United Nations has become. Like the EEC councils, the UN is seen too much as an optional gravy train where people network 7 figure positions whilst they facilitate for whatever needs to be done. These are not my own words, these are thoughts that come from a legion of blogging sites, newspapers and information sites. The UN seems to have lost too large an amount of cohesion with reality.

Another part that we see in Greece, again from the Guardian (at https://www.theguardian.com/world/2017/mar/09/how-greece-fumbled-refugee-crisis), is seen in “But in the last couple of years Greek migration officials have had access to one of the largest money pots administered by the European Commission, the aforementioned AMIF and ISF funds. These funds are relatively complicated to access. They are arranged in seven-year programmes, commencing in 2014, and required Greece to set up a managing authority and develop a strategic plan. When Syriza took office it found little of this groundwork had been done by the previous conservative administration“, which shows us that Greece had a separate option to resolve a few thousand jobs with added opportunity to overhaul their registrations systems, whilst the United Nations would foot the bill for up to 500 million. So optional Greek industry that could grow to some extent as an identification template would be introduced. Now, this is not the easiest task or given that it would be a success, but it was an option for a larger seat at the table at the UNHCR, this is just one of the elements where I stated that some of the gentlemen fumbled the ball.

All this and Rock and Roll too?

That is the matter we are with now, because as the larger players have been questioning their contributions (the USA most loudly), so how is this about the UN and not the nations I mentioned? That is actually easier to state. You see as the UN representatives kept on talking, no one decided to take charge and as such, the discussions continue as no actual victories are achieved. A large slice of the Syrian population has been witness to that, in addition, so are the victims of sexual abuse through inaction by the United Nations.

Any organisation, especially the size of the United Nations, will have its issues and its barriers, yet, the inactions to the size we currently see is a new low for the UN. The allowance for vetos, opposition, especially when it goes at the expense of human lives it becomes the debate whether the UN has anything left to offer, you only need to ask any Syrian refugee to hear clear doubt, especially after 6 years of too little actions and for the most no solutions. We as a global population have failed these victims who turned to us for help in the most disgraceful of ways.

 

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Retrenching under false pretence

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

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

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

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

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

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

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

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

 

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Jack’s Place

Sometimes we wonder, what the long term effect would be if a baby is dropped on its head. At least, we should wonder about that! When we see that politicians are bending over backward to get their own way after elections, we have to wonder what we should do with politicians who have been dropped on their heads. In this case, when we see Tony Blair have a go in French (amazing quality French I tell you) on how ‘We have the right to change our minds on Brexit’ (at http://www.theguardian.com/politics/video/2016/sep/01/tony-blair-we-have-the-right-to-change-our-minds-on-brexit-eu-referendum-video). He is going on ‘on how people may change their minds’. How the people decided to move house whilst they had no idea on where they were going to. In my view, the house they are in now had rot, the house had termites and the landlord was an idiot skimming its tenants. How is whatever we move to not a better place? Labour is still at it, still trying to undo the change the people in Britain moved to as political parties were flaccid, the politicians of the EC in general were incapable and bending over for the desperate need of the USA and Wall street, the people at large have lost 60%-75% of their quality of living. All because nobody showed any backbone against the greed of Wall Street.

So as the former British politician of some renown is chatting up the French in French about the dangers of Frexit (in very good French I must admit), he seems to have forgotten historic events. It comes in the form of a little cumulative tale. As such I will go to the last verse of it all as not to iterate it all in this article. A song based on the principle of Chad Gadya, published in 1590, I move to a 17th century edition which came with the approval of Nurse Truelove.

This is the horse and the hound and the horn
That belonged to the farmer sowing his corn

This is about farmer who is sowing his fields, the farmer in the UK is being presented as the one now suffering ‘UK farmers wonder who’ll get the harvest in’ (at http://www.politico.eu/article/uk-farmers-wonder-wholl-get-the-harvest-in-agriculture-migration-brexit-labor/). The letter is not in question, there is no opposition that certain changes will have certain issues that need to be dealt with. “Richard Hirst, who farms 790 acres close to Norfolk’s blustery east coast. “They provide a fantastic service and potentially that’s all going to stop.”” the quote is fair enough, yet in that one player decided to remain quiet. I will get to that person later. What is also shown and raises questions is “Hirst relies on around 200 seasonal workers, most from Romania and Bulgaria, to plant and harvest the salad crop. Polish construction workers repair farm buildings. Polish truck drivers cart produce to market. That pattern is repeated across rural England“, how come that UK people aren’t coming to the sound of the horn of labour? Is it beneath them or is it not possible to get it done for normal UK wages? I am not stating that Richard Hirst is exploiting cheap labour, I am asking how come no one in the UK is willing to do it. We know that the farmers are hurting. When large corporations with governmental pressure options is milking the milk industry. Consider the average 2 litre milk bottle at £1.90. Whilst we see at http://dairy.ahdb.org.uk/market-information/milk-prices-contracts/farmgate-prices/uk,-gb-and-ni-farmgate-prices#.V8jC4vl96Uk that farmer gets 18.14 pence per litre, down from 20.77, which means that the dairy marketing engine gets 80%. There is something not right here! We know that there are costs, yet when the main ingredient is only 20% of the price, something is not right. I suggest that we increase milk minimum to £2.20 per 2 litre, meaning that a 1 litre bottle can only cost £1.10 and the increase is shipped 100% to the farmers. How long until the dairy industry tries to get their fingers on part of that increase? I am willing to bet that they make their first attempt before the ink dries on this agreement if it ever becomes a reality. Will it hurt some? A little, I cannot deny that some are in worst places than me, yet I am willing to pay that little extra to defend a milk legacy. Milk is essential, it is for some people essential to learn that the imbalance we see here is a massive imbalance that the EU brought. Here we see (at http://ec.europa.eu/agriculture/milk/policy-instruments/index_en.htm), here we see that Regulation (EU) No 1308/2013 of the European Parliament and of the Council of 17 December 2013 establishing a common organisation of the markets in agricultural products and repealing Council Regulations, is pretty much the initial death stroke to the farmers. Now, there is partially soundness and reasoning here. Consider that we see “establishing a common organisation of the markets in agricultural products) where the main market tools are set into 3 parts

  1. Market intervention
  2. Rules concerning marketing and production
  3. Trade with third countries

It is rules concerning marketing and production that is at hand. It was the introduction of quota’s that was some figment of someone’s imagination approach to fair trade. In actuality, it was truly an attempt to give an equal push for the small farmers and fishermen, but it ‘evolved’ into something quite differently. The larger supermarkets Tesco, Sainsbury’s, Asda, Morrisons, The Co-Op, Aldi, Waitrose and Lidl had no limits on quotas as they did not produce the dairy. You see, even as the fishermen were ‘obeying’ fish quotas, Japan, China and Russia went on a fishing spree (read: are still) so that people get their cheap fish, yet in milk there is another iteration. We see this in the Guardian of July 2012 (at https://www.theguardian.com/money/2012/jul/27/dairy-farmers-milk) the following “Tesco, Sainsbury, Waitrose and Marks & Spencer are all paying 30p a litre or more to dairy farmers, says the RABDF, which it says is the minimum survival threshold for farmers: ‘They are not so much the good guys, but they are at least paying 30p’“, which now gives us the issue that this year the price went down to 18.14 pence per litre. So if that is the average, how come the average price is currently 38% below the minimum survival threshold? How is that possible? If we accept that pricing is done on fairness and survivability, how come that this Economic Union is allowing for a supermarket situation where they squeeze the farmers out of a livelihood, all set to the allowance for a market, which they set is claiming to be for the fairness of all. Yet when we saw the Tesco debacle, not the PwC side, but the Tesco Executive side requires scrutiny too. Consider The Tesco Remuneration report (at https://www.tescoplc.com/media/1926/tescoar15_gov_remunerationreport.pdf). Consider that the CEO and CFO get CEO – £1,250,000, and the CFO gets £750,000. Also consider that the bonuses are CEO – maximum opportunity of 250% of base salary and for the local bookkeeper we see CFO – maximum opportunity of 225% of base salary. Consider that only 50% is set to sales and 30% is set to profit, how much money does Tesco need to make for these two people to have a really merry Christmas with family (or booze and hookers)? Now, even as the Guardian is stating that Tesco is not evil, yet they are matching the survival rate “all paying 30p a litre or more to dairy farmers“, so who is kidding who here?

That kept the rooster that crowed in the morn
That woke the priest all shaven and shorn
That married the man all tattered and torn
That kissed the maiden all forlorn

We get to the upcoming Bill of Rights. The Human Rights Act (HRA) will be dumped (read: scrapped enthusiastically). The Week published the following quote: “Scrapping the act will break the formal link between British courts and the European Court of Human Rights and stop the act being “misinterpreted”, say the Conservatives. They argue foreign nationals who have committed serious crimes are able to use the freedoms guaranteed under the Human Rights Act to justify remaining in the UK“, the right to self-govern is here in jeopardy. We seem to be all over Strasbourg to guarantee the rights of criminals, yet there is too little for their victims. Whilst the quote from the Tories is “aim is to “restore common sense and tackle the misuse of the rights contained in the Convention”“, this actually makes sense. There have been one too many stories on how a Rapist was given leave to stay in the UK, now he is imprisoned for life Rapist Dahir Ibrahim decided to retry his penetrating event. His defending lawyer stated “No long term physical injury was sustained by the victims“, so why not send his daughters to Pakistan? There is every chance that the culprits will be acquitted. Even more so, the Lawyers daughter could become famous as in one case the transgressor filmed 280 events. So his daughter could become a Bollywood star. Wouldn’t that be great?

There is the danger that events get uplifted because of emotional factors. That is not a good thing, which is why I voiced it in this way, we need to try to keep as much emotion out of legal issues, yet this does not mean to be soft on hardened criminals. It is the right of the UK to allow people in, yet in equal measure, if these visitors resort to serious crimes, should the victims not be allowed to voice for them to be evicted (through a court of law of course)? Even more so, why should any government allow for those deciding to go for ‘serious criminal solutions’ to be allowed within their nation? It is my view that Strasbourg has been too academic, too focused on finding a ‘compromise’ that this path seems to highly favour the path of the criminal and less so on the victim. It is my personal believe that the Bill of Rights might be a solution, especially if the 15 freedoms are kept.

So before we go into the last part. We looked at the economy (well, sort of), we see that Laws in general have failed the people of the nation, we see that large corporations are given too much leeway and too much options, whilst the press reflects this as ‘but they pay more than average’, which holds no water when the fee paid is 38% below the survivability threshold. By trying to please a few hundred at the expense of millions of non-receiving victims of society. Consider the next part. If I, for the most a dedicated Conservative see this, when I noticed the victims that the EC has been creating, how come Tony Blair and Jeremy Corbyn cannot see this? They should be squarely on the side of the Dairy farmer and the milkman, a side they both neglected (read: ignored). There is a constitutional failing in play and the fact that the hardships of some are mere plays for politics is just sad.

That milked the cow with the crumpled horn
That tossed the dog that worried the cat
That killed the rat that ate the malt
That lay in the house that Jack built.

Well, we just dealt with the milk. Yet, what has been ignored is the play of Rat and Cat and Dog. The cat chases the rat, but who is rat and who is cat? It can be argued that the EC and the USA are either, the issue with an exploitative symbioses is that it becomes increasingly hard to differ between the parasite and the body he feeds of, the better the parasite, the harder it becomes to find the parasite in the body. The dog becomes the UK, on one side it howls against the moon waking us all up (read: for naught). At times it chases the wrong party (read: mailman), yet the dog has its shiny moments. It howls, barks and bites the burglar in your house, it alerts to the dangers coming to the door and it can scare off dangers. Any dog has good and bad moments. The fact that some laws have still not been updated is a concern and the Bill of Rights wasn’t the first one that needed to come. However, for the benefit of the European segregation it does make sense. My biggest issue is that the EU decided on too little and far too late that makes Brexit a fact not to ignore, the fact that people like Tony Blair are now making speeches in France, winking to the UK that people can change their minds is a larger issue. Especially as the events leading towards Brexit has never been dealt with.

Yet we are not done, you see, Mario Draghi is still having a go at it, his latest quote states: “The figures won’t come as a shock to ECB President Mario Draghi, who warned in July that inflation rates were likely to remain “very low” over coming months, before picking up toward the end of the year” (source: Wall Street Journal), you see, there is a truth there, especially as he is relying on the Christmas shopping spree to save him. Yet, in this, is that number corrected (for end of year uplift)? If not than the European economy is in an even less inspiring state than most are willing to admit to. This in light of conflicting numbers coming from America when we see positivity one day, negativity the next. We know on a global scale economies are in a slump and because there was a dire need to keep the Status Quo and move it from virtual to fictional. We can no longer afford that game, which is why Brexit made sense.

We can use the quote by CNBC we saw on September 2nd (at http://www.cnbc.com/2016/09/02/jobs-report-proves-janet-yellen-is-wrong-about-the-economy-commentary.html) where we see “The reported August job gains were also considerably below the gains in June and July. The unemployment rate was forecast to fall to 4.8 percent, but held steady at 4.9 percent. Both numbers are disappointing and make a September rate hike less likely“. We could agree that it means that the US is in a slow upwards momentum, which would be really good for the US government. Yet it is only half the picture. The other side we see quoted in the Business insider (at http://www.businessinsider.com.au/albert-edwards-consumer-crutch-holding-up-us-economy-kicked-away-2016-9). Here Edward claims what I have stated in other ways several times before. The quote “Albert Edwards doesn’t think that the consumer can keep the US economy afloat for very long” was only the start, but it boils down to the fact that the US consumer is stopping its spending’s on many levels. The US has a massive issue at that point, because it has relied on consumer spending for far too long (instead of corporate taxation). Even if spending goes up the smallest amount in the weeks leading up to Thanksgiving, the elections are on November 8th, 2016 which means that the successor might enjoy those results, but the Democratic Party will only be able to rely on half-baked speculations at that point. Even if they would dare to go that distance, there is enough ‘evidence’ to see that their predictions would end up being overly optimistic. What is the issue is that the US now desperately requires a solution, which those in power, who require the status quo to continue will not allow for. In that light we see the remarks by Tony Blair. Trying to sway the people that they can change their minds and more important on downgrading the new house at any cost. You see, when the UK sees that the move was harsh, but slowly people are starting to see their new living room, different, likely a little smaller, but soon it will feel comfortable and it will come with the feel of comfort the people in the UK have not known for decades. It will not come in the wake of laziness as many will need to work really hard, but that money will now benefit the UK, which is why we need to pull together as a Commonwealth, we need to pull together a lot more than most of our politicians are comfortable with. Soon thereafter it will no longer be Jack’s place, it will be your home. One that is interconnected in many ways, some good, some bad and someone is always chasing you, just as you are always chasing something or someone. A lesson in coexistence that does not require the parasite approach, something they still don’t get on Wall Street. You see as we see in the Australian Financial Review quotes like “Richard Fontaine, a leading US foreign policy expert” on how Australia is so vulnerable on Chinese demands, he seems to forget that his government did whatever they could to ram the Trans Pacific Partnership (TPP) down our throats. And now that the US is realising that with Brexit the game is truly ending, in addition we see that President Hollande feels the coffin nail that the TTIP carries as well as the vision on how it seems to only propel the need for big business, whilst Google’s option to drive commerce is not yet ready, it could be the true new innovation for small corporations, where the corporations keep the power on a global scale. Three elements that show that not only will the US face an economic slump (read: I find the statement ‘recession’ too speculative). Yet, the playing parties in the final moments on a lame duck president on the way to the morgue is not a moment to put political weight to final acts of despair whilst the new president is not set and that agenda could unwind everything, so the players have too much to lose as the dealer is about to change, possible with new decks of cards.

In that regard the economic players are currently realising that until January: ‘The safest way to double your money is to fold it over once and put it in your pocket‘.

Not good news for President Barack Obama, Tony Blair or Strasbourg for that matter. Perhaps Mario Draghi will get it at some point, but I am not holding my breath on that achievement to happen any day soon.

 

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