Tag Archives: Rupert Neate

My boiling point

Yup, I have one and the Guardian pushed my button. We all have buttons that can be pushed. If you sing “It’s a cruel Summer, leaving me, leaving me here on my own” really off key to Summer Mcintosh there is a chance she’ll blow a gasket too (it is based on classical music by Ace of Base, 1992). Some dislike the limelight, others (like me) have other buttons. And there is the start for today. The article by Rupert Neate a wealth correspondent (whatever that is) is by their own submission a reporter on covering the super rich and inequality, again whatever the hell that is. But let’s look at that article (at https://www.theguardian.com/news/2023/may/29/2-tax-uk-rich-list-families-raise-22bn-year-reform-inequality) where he starts by hiding behind ‘could’ making him some clueless labor tool. The text “A modest wealth tax on the richest 350 families in the UK could raise more than £20bn a year – enough to fund the construction of 145,000 new affordable homes a year – according to research by fairer taxation campaigners” and there is the emotional useless stage. ‘Constructing 145,000 new affordable homes a year’ We will not get the equations there. We do not get locality because that pricing leaves London far outside of the scope. No his goal is limelight, to hide behind ‘could’ and emotions. Then we get “A 2% tax on assets above £10m held by all members of the Sunday Times rich list could raise as much as £22bn, according to analysis by Tax Justice UK, the Economic Change Unit and the New Economics Foundation (NEF).” And still we get no equations or justification on these numbers. We get another emotional ‘tax the rich’ by an emotional tool. And he merely ‘emotionally validates’ some Sunday Times list without justification. 

You see, lets take a look at the Guardian from June 2017 where we were given (at https://www.theguardian.com/uk-news/2017/jun/21/battersea-power-station-affordable-homes-almost-halved-by-developer ) ’Battersea Power Station developer slashes number of affordable homes’, there we see how Malaysian investors slashed 40% of the agreed affordable homes. How did that end? Nothing (and nowhere), you useless tool! Where is the prosecution of exploiting foreign investors? Where are your values there?  In my personal opinion Rupert Neate needs to buy a lollie, sit in a corner, suck on that and shut the fuck up (pardon my language). 

It is always labour minded idiots that are heralding ‘inequality’ and that is a larger problem. I am not against PROPER taxation, but these people according to taxation law paid their fair share and then some. You see in 2022 according to one source “629,000 people paid the additional rate of income tax is 45%, and is paid on earnings above £125,140 a year”, so these people already are in the 45% bracket (don’t worry I have a solution). They have paid their fair share, yet there is another matter. I am not blind to certain levels of inequality. You see fair taxation is also needed on corporations, Apple didn’t become a trillion dollar industry because of their devices. Their tax write offs are unheard of and that had to change decades ago. I wish them all their profits, yet there should be taxation. Retail Gazette gives us ‘UK Apple stores paid less than £800,000 tax despite £971.5m of sales’ did that useless wealth correspondent look at that part? And they are merely one of dozens of companies that are legally stretching the lines of taxation laws. Then we are given “Those on the rich list include the prime minister Rishi Sunak and wife Akshata Murty at number 275 out of 350, with £529m, and the 32-year-old Duke of Westminster, with £9.9bn, at number 11.” And that might be true, so did they pay their taxation? It seems Apple didn’t. And that list grows, whilst the useless people are focussed on people who paid their dues according to tax laws. You see, there is another income stream. We get so much emotional garbage from magazines and newspapers that they should LOSE their 0% VAT setting, we can set that to 6% or 10%, there is your income right there. If you cannot properly report the news, you should be taxed. You forgot about the mirror image you see when you get up in the morning. So I give you another income source. If you cannot properly do your job, you get to be taxed as well.

Issue solved!

You see, if we are to believe the HMRC, six hundred and twenty nine thousand people pay their fair share and then some. So this rich list is utter BS, I say we tax the media, lets see how long they can play games whilst letting some useless wealth correspondent continue their ‘labor’ needs. Yes, this is personal, but we see this come again and again whilst no one is doing anything about tax laws or exploiting investors. Why not? It seems that the Guardian has a few fences to mend and I suggest that they hop to it, I reckon that they could spring that 10% VAT bill, but there is a chance that they will cry like little bitches, just like they did when the Leveson report was released. 

So, they pressed my button and this was my response. So, have a nice day whilst I kill a few people in Skyrim with a bow (we all unwind in our own way), they will never know what hit them.

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Corporate Cowardice

The Guardian had a very nice article online, in addition to that article there was a video. The article titled ‘The macabre truth of gun control in the US is that toddlers kill more people than terrorists do‘ was the eye catcher, an article by Lindy West (at http://www.theguardian.com/commentisfree/2016/mar/13/the-macabre-truth-of-gun-control-in-the-us-is-that-toddlers-kill-more-people-than-terrorists-do). For the most it was a straight forward article. What was the issue was seen in the video by Rupert Neate who went to Las Vegas to take a look at the fair (I am slightly jealous now). An interesting quote here was from Neil Hogue from Hogue Inc. who stated “fear drives sales in the firearms industry“, well-spoken Mr Hogue I say! This is a truth. I ‘love’ firearms because of the engineering. Consider a pellet (read: bullet) that can be delivered to a spot within half an inch over a distance of 800 metres. That ability, the skill needed from focus, the maintenance of your rifle and the balance of all these elements to deliver an outside hit in exactly that place with changing weather conditions is the skill I love. I believe it to be a gift. This does not make me nuts! If NATO needed me to shoot people, I would. If the challenge is to shoot a piece of carton I would and providing it is for food (not for sport) I would shoot Bambi in a heartbeat (for the Bambi burger mind you). I will not end the life of anything for mere sport, which I regard to be actually quite sick. Then at 2:27 in that video we get Smith & Wesson, Mr. Jan Mladek. I think that Mladek dealt wrongly with the issue from square one. I do not know whether he was the one who caused the change, yet there is clarity in the video that the organisers dealt poorly with the issue, although the approach they took, regarding the optional possibility of chaos was not incorrect, the entire matter had been badly dealt with. From the view given, it was Smith & Wesson who could be regarded as the party hiding via corporate cowardice. Within me I wonder how Heckler & Koch would have dealt with it. I saw a much better answer, a decently serious answer from Joe Gaicevic from Troy Industries. He states “blaming a spoon on making somebody fat”. Here is another person hitting the nail on the head. You see, guns do not kill people, people kill people. Do you think that any politician in a declining economy wants gun control? A valid branch bringing in billions in tax dollars every year. Politically speaking, it was ‘the Daily Signal‘ who gives us ‘NRA Head Wayne LaPierre Says Obama’s Knowledge on Guns ‘Wouldn’t Fill a Thimble’‘ (at http://dailysignal.com/2016/03/04/nra-head-wayne-lapierre-says-obamas-knowledge-on-guns-wouldnt-fill-a-thimble/), which is as direct as it gets. Wayne LaPierre stated “We know a liar when we see one. We also know a political coward when we see one”, yet in all this he also misses a more important point. It is corporate cowardice. You see, many in the arms industry want income but have no regard of any kind for critical questions, you see, in my book, if you cannot deal with those you have no business being in that business. Which is the part the interview with Rupert Neate uncovered. When we see that the smaller players (Neil Hogue and Joe Gaicevic) give perfectly rational response, we need to ask additional questions regarding Jan Mladek from Smith & Wesson. The fact that he is mentioned as ‘marketing’ makes me wonder whether Mr Mladek is in the right vocation, perhaps selling Philips Hairstylers is more his tune (and will lead towards much less confronting questions).

So where am I in this?

Yes, we can agree that Smith & Wesson will take a hit when one of their products is used in a shooting. In this case the Smith & Wesson M&P15. It was not the only weapon used, so other weapons were used too, like the DPMS Panther Arms A15. In equal measure we must acknowledge the following facts “they made a modification that defeated the ban on detachable magazines” as well as a failed attempt to make the firearm fully automatic. So we have here a valid firearm that was altered making it no longer a permissible firearm. So the weapon was a no longer standard sporting rifle (not my choice of sporting rifle). Smith & Wesson bungled here as the facts would have given them a positive view on the ways that their weapon was not meant for such use. When considering the words of Joe Gaicevic I would state: “if you want to complain about being fat because it was easier to eat the ice-cream with a serving spoon and not with a table spoon, you only have yourself to thank for transgressing beyond fat!

In equal measure, we can look at the first instance that linked this article. It was regarding Jamie Gilt and how her 4 year old shot her in the back. The quote that I regarded as funny was “People are trying to make it into something it’s not, we are not criminals, we are the victims here” (source: Daily Mail). In my view, no, she is the criminal. Not only did she leave a loaded weapon within reach of her 4 year old. She neglected basic gun safety. You see, her 4 year old would not have been strong enough to cock the slider, meaning no bullet in the chamber, in the second, it would have been an option for her kid to play with it, look into the hole and accidentally pulling the trigger. She might look sexy as hell holding a 9mm and having a .223 rifle at her side. The text “the more I learn about my government, the more I love my guns!” completes the view. She would have scored more points advocating gun safety rules. Those 10 pesky points that keep other people from getting killed with the additional by-line ‘Oops!’, America is a gun nation, let’s just accept that and instead of rushing to blame every spoon in the land for obesity, how about holding the transgressors accountable for their actions? As a second point of scolding towards Wayne LaPierre I would raise the quote “His knowledge on that issue wouldn’t fill a thimble“, Wayne, please do not insult the thimble, you need a much smaller scale of measurement in this instance.

What does matter is the quote “LaPierre challenged Obama a week later to debate him on firearms with “no pre-screened questions and no gas bag answers”“, this is the issue. It is easy scoring political points shedding tears for dead people, yet the real issue is the one we see with: “another gun law isn’t going to prevent crimes committed with firearms” which is the truth and at the heart of the matter. His correct answer is “The only way to stop a bad guy with a gun is with a good guy with a gun“, which is why they have police officers. Now, there is no denying that in the US police officers have made mistakes, some whoppers I might add. Yet the people should also realise that legislation has done (pardon my French) ‘fuck all’ to the safety and security of police officers at a pay of roughly $66K a year. This might sound nice, but in the larger cities $66K gets you a far below average apartment, even when moving towards the edge of the city you would be hard pressed to find decent accommodation. So explain to me how these people are regarded to take beyond reasonable risks? The problem here is that for well over two years it has been known that the data collection regarding fatal shootings is massively flawed, so there are levels of uncertainty here too.

The police shows that there is an overall stigma on a national level when we look at fatal shootings. The San Bernardino event is an extreme, just like Columbine is. In both events this was due to illegally acquired weapons. So weapon laws would not have made an impact. People kill people, guns do not! The fact that the US has no less than 1.13 weapons for every American citizen, so we can rule out any effective gun control law from the very beginning, any re-purchase  plan will make the US bankrupt overnight. By adjusting gun laws and making the owners of illegal firearms guilty of a capital crime would be a first step, but this democratic government is decently too cowardly to get such a plan in motion and at the end of the reign of Obama, in that view I personally reckon that the republicans will not show themselves to be a whole lot better. So the issue remains up in the sky.

There is however another side, the one that the government is in denial about. The fact that the Washington Post stated on October 5th 2015 that they were at that time looking at 2013 data. This means that the data, depending on when delivered is still 2 years late for any decent adjustment. This implies strongly that the ATF has issues it cannot deal with, which is nothing to say on the need of keeping a check on proper enforcement of gun rules. Weirdly enough, in all this, the bulk of gun owners have a clear established protocol in the proper handling of firearms. Rules that have been handed down from father to son and at times also from grandfather to grandson, a tradition still in play for several generations. I see this as a massive reason why people at large are so opposed to gun control laws to the extent President Obama is trying to push, which by the way, considering the amount of guns currently in circulation would not have any impact at all.

And this is not the only ’empty’ gesture he is making, he is about to make things worse by going to London in April to appeal to British voters to stay in the EU, that whilst he is unable to contain Wall Street greed and hold them accountable for plenty of these messes, as well as keeping a budget (like the bulk of the European nations). So good luck to that idea! The biggest over spender is trying to reason with voters regarding the economy and budgets. I reckon it will be entertaining to say the least, as every ill-conceived statement will drive people towards UKIP, Nigel will be so happy on Labour Day, it is likely to be a comedy of an entirely new level!

 

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The allegiance of Economists

If we are dependent on the future of the US and Europe, then we should require and should be given access to dependable numbers. I think we can all agree that certain predictions are hard to get, because we should all be able to agree on the fact that it is a lot harder then we bargained for.

Yet, if we look at the numbers before and after then good news is never as good as predicted and bad news is worse than they thought.

This can be seen in several fields, but nowhere as visible as today when the expected unemployment rate of Spain, which was expected to get as high as 26.5% has now surpassed 27.2%. We could consider that being off by 0.7% is not that bad, but these people are used to work in increments of a tenth of a percent, which mean they were off 7 times. On a population of 47.2 million this means that they ‘forgot’ about slightly more than 330,000 people. That is the size of Utrecht (Netherlands), Leicester (UK), Bonn (Germany), Nice (France), Bari (Italy) or Tarragona (Spain). That is not a small miscalculation at all. These cities are reasonable large by most definitions. In the US the closest city would be Santa Ana in California, currently ranked number 57 by size in the US.

Everyone awake at present? This is important, as both the politicians and all that press buzz comes from these kinds of predictions by economists. I am not stating that it is simple or easy. It is however the case that these people often cost a hell of a lot and many claim that they are needed. Yet, overall we see a collection of ‘miscalculations’ in a time where every budget is slashed from point X to the basement.

Another example was a prediction made by the Dutch CPB (Central Planning Desk). This document was made in 2010; please take that into consideration when looking at these numbers. It is expected that the further the future prediction goes, the more likely that a deviation is to be expected.

Unemployment rate was to decline from 6.5% in 2011 to 5.25% in 2015.
Consumer purchasing power was to increase annually by 0.25%.
The Government budget deficit would decline from 4.9% in 2011 to 2.9% in 2015.

We will take a look at later predictions, but I think it looks clear that none of these predictions panned out to be close to correct.

Interesting are the following statements on unemployment rates “De werkloosheid daalt van 6½% in 2011 naar 5¼% in 2015” This was in the initial document dated March 2010 as I wrote previously. Yet the second document, which was published in September 2011 writes “Naar verwachting daalt de werkloosheid in 2011 en 2012 niet verder en komt deze uit op gemiddeld 4¼% van de beroepsbevolking in beide jaren“.

[Translation]
The unemploymancy is not expected to decrease in 2011 and 2012 and this would amount to 4¼% of the professional population in both years.

So, we would think that this looks good. A much lower result then predicted which is good.

Yet the NOS (Dutch news broadcasting services) reported on the 16th of August 2012 that the unemployment rate had risen in July 2012 to 6½%. This shows not only the inaccuracy of the prediction; it also shows that predictions that go beyond 1 year in the current economic climate is not that reliable an act.

So what is the issue at hand?

When we read about all those cut backs, all those measures where we see a decline in legal aid, healthcare and a league of other needs now or soon no longer an option, should we be wasting large amounts of money on a document which seems to be a political presentation? We could even come to the conclusion that it has little value beyond its need as a political presentation.

In a day and age where the bulk of Europe is under such scrutiny of reducing cost, spending large amounts, resources and other additional costs on these debatable statistics should be regarded a little less then it currently is.

If you want to know a little more, then you should take a serious look at a book written by Darrell Huff. It was called ‘How to lie with statistics‘. It was initially written in 1954, and it saw the light of day again in 1991. It is an actual gem of much amazement! The book is really thin, so it will not take long to read it, but those pages offer a lot more insight then many books I have seen since then.

Darrell Huff, (1991) How to Lie with Statistics Penguin; New Ed edition, ISBN 0-14-013629-0

In 2010 Coen de Bruijn wrote a new book with plenty of examples. The book is thicker, yet remains light and amusing to read and as far as I know at present only available in Dutch, which is a shame as I feel certain that this book would be appreciated by both students and professionals all over the world. ‘Van tofu krijg je geheugenverlies‘ (translation: Tofu leads to memory loss). It has loads of examples where statistics were (mis)used, some quite unintentional I should add.

We should also look at these documents on the CPB. There is no evidence whatsoever that there was an intentional misrepresentation, yet, when we see the results and the effect as many newscasts all over the world use these numbers which results to either lull its population to sleep, or to soften the blows of bad news are things that should be regarded in some form.

Why should you care?

This is not just a Dutch issue. This issue is global! Too many use their national numbers in newscasts and live by these predicted percentages, whilst in reality they are in no way a representation of the facts. Even considering that most are nothing more than predictions and should not be regarded as factual, it seems that when the discussion moves to cutting back, too many nations seem to be focussing on the wrong presentations. It is actually quite fun (and I swear a complete coincidence) that only 5 hours after I started to work on today’s blog that Dutch newsgroup NOS announced a new director of the Dutch CPB. The new director will be Laura van Geest (who was formerly involved with the setting of the Dutch government budget). She was chosen by the same group that investigated the Dutch bank crises (Commission de Wit).

So back to these cut backs and more!

It is not just about cut backs and austerity. Spain is having riot issues and Greece is not in a state that much better. Harriet Alexander from the Telegraph commented in her piece on Greece holding a fire sale (source: http://www.telegraph.co.uk/news/worldnews/europe/greece/10007606/Greeces-great-fire-sale.html).
This was a story that also made the news in the newspaper the Guardian by Rupert Neate. This also includes the Greek Embassy in London, so that place alone should take care of 0.000010714% of their debt (roughly). This means they only need 94,000 places of equal value to break even. The percentage should indicate that these acts are less than a drop of water on a hot plate. So instead of growing an option of income, it seems to show that the Greek government is bailing out, leaving a nation in utter bankruptcy and deserting its citizens.

I understand that they want to do something, yet what I am seeing is nothing less than a short term vision. When all is gone, when all possible ways of revenue, resources and incomes are gone, what is left? There are still the gold reserves for now, however when (or if) Spain, Cyprus and Italy sells theirs, what of value will be left?

It is time for governments to realise that they had given too much power to the industry and they are not getting them back unless they invoke a new way of thinking. If these companies continue to use a method of blatant outsourcing and under-pricing many for a tax reduced driven revenue that benefit just a dozen people, then it is time to change the game so that it is fair to its OWN citizens. My reasoning here is that their approach has even less morality then that of a mercenary, yet they claim to be the value to ‘that’ nation.

When we look at such overwhelming numbers of debt and unemployment rate, then we have an increasing responsibility to deal with that. Yes, in the first degree the governments need to get their budgets under control. They must more openly report the bad news and not sugar-coat it for whichever government is in office. It is also time to get back on the horse and wagon of in-sourcing! Consider the fact that too many companies are getting their Jeans, sport shoes and mobile phones from sweat shops and low cost places like Indonesia, Bangla Dash, China and a few alternatives, only to save a few dollars (of course per 100,000 units this results in a hefty saving). Yet on the other side those nations have hundreds of thousands without a job, and THAT bill is not with those companies. Even if they would only transfer 10% of these markets, we would see a decent reduction in unemployment rates and we see a local gain in trade. These are all good and essential things for Europe. The danger of not doing so would just set the end date of nations like Spain and Greece. In case you think that this will not happen, then think again. These economists will state on how things will turn for the better, and after they are proven wrong, then an excuse reasoning will surface and they walk on. Yet in the meantime a few with serious cash would have bought up areas of Greece and Spain for less than 10 cents on the dollar. Oldest rule in the book: “In confusion there is profit!”
Let us take the shown evidence that many placed online, so it is visible to all; let us all realise that WE hold our futures by work in actuality and they in debatable prediction do not.

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