Tag Archives: Sweden

And the price goes to?

This is the thought that started me this morning. The two articles in The Guardian, ‘Al-Qaida tempts Yemen recruits with quiz offering AK-47 as top prize‘ as well as ‘Jeremy Corbyn says Labour manifesto will transform people’s lives‘ gave me that feeling. Both hollow, both set in a weird form of fanaticism. The only thing that Labour does is push people to their doom by giving false hope and setting in motion promises that cannot be kept, for the mere reason that previous Labour administrations left the people in the United Kingdom with minus a trillion pounds. That requires £100,000 pounds per person to clear. So do you, the UK voter have £100,000? I guess that in well over 99% of the cases that is a no. So Labour is pushing a game that cannot commit to and should they push for it, it will leave the UK without any hope, pretty much pushing the UK people towards the Greek way of life. You might have seen that on the TV. Consider, that if the Tories could secure the election by just giving 10,000 nurses a job, would they not have done that? They are committed to grow the UK back to strength, it will take at least 5 more years to get the UK in a much stronger position. In addition, the European zone is in an unsecure place too. Even if they hide it in some good, some bad; They keep on spending. The quote “Mario Draghi said the European Central Bank’s stimulus hasn’t finished the job yet” refers to his monthly billions upon billions of spending on things that are not bringing anyone an economy tht brings money or jobs to the people. They are not securing jobs and they are increasing the debt by about 80 billion euro’s a month. Basically they are adding a second trillion euro’s in the second year that this is going on. So as we see some hollow promises, look at the Al-Qaida article where we see: “Al-Qaida is attempting to recruit new members in Yemen by holding a quiz, with an AK-47 assault rifle as top prize, according to local residents and media“, by the way, the second price is a motor cycle and the third price a laptop. It is one way to get militants, via direct mailing, yet what this organisation has in common with Jeremy Corbyn is that they both advocate a path to certain death. Who signs up for that?

In the previous election we did not fall for the unsubstantiated offers by Ed Miliband, the UK voters should not do that this time around either. The Labour party realises to get anything done, one needs to govern, yet when labour gets close to be in that position, we see infighting. discord amongst the ranks and power hungry labour MP’s the moment they think that they can get ahead. This is not the path to help the people of the UK.

So when we look at the mere examples:

  • Abolish university tuition fees
  • boost infrastructure investment
  • renationalise the railways
  • increase the minimum wage to £10 an hour

In these examples, how can any government a trillion pounds in the red do any of this? Because any government pulling this off, I would vote for that player, but when it is a hollow promise, one that cannot be kept, what are they other than wannabe’s with no clue how to get it done? It is only the 4th one that has a certain merit, yet when they do that, how many places will lose jobs and one person have to do the work of two? I have quite literally been in such places in the 80’s. I can tell you, there will be no objections, because you have a job and the few pennies more will reflect in longer hours (often not paid for) and as you get home with less and less energy it will become the hell you never wanted. All because the labour party failed calculus. In this we can speculate with a decent amount of certainty that they are doing this as they noted that the UK unemployment rate is at its lowest. Yet, bosses report to people who want to see return on investment, so as wages go up, production will either go up by certain amounts, and if that is not possible jobs are shed, because the bosses want their pound of commission, so the game is played on. Still the fourth past is the most likely option to work, the rest will cost the coffers of the chancellor, which is currently an empty chest filled with outstanding debt notices. debt notices the previous labour government dumped into that same coffer and we are still paying for those. So do you honestly want to add to that? So as we see this we now need to focus on: “Senior insiders say the drafting process involved a very small group, led by Corbyn’s policy chief, Andrew Fisher, in close consultation with McDonnell. Individual shadow cabinet members were only given details of policies in their own area; while the political officers of the affiliated trades unions were allowed to come and see the entire document, and discuss its contents with Fisher, earlier this week, but were not allowed to take a copy away“, so Labour makes a manifesto that is shown to a few insiders, yet it needs to be kept under wraps, all this whilst the elections are merely a little over 3 weeks away. So now we see them stating “each faction in the Labour party blames the other side for the embarrassing leak“, so they are blaming the Tories? All this should have been known to the optional Labour voter weeks ago. To drop something that I can shoot holes in in merely 5 minutes implies that Labour has gotten more clueless, they have no direction and they are giving voters the idea that they have a clue by offering things that cannot be achieved in this economy. If labour was true to all people, they would set in motion to raise the price of milk by £0.50 per litre so that the farmers in deep debt could find some relief. Where is that in their manifesto, where are they voicing this? People do not want to hear about raising the cost of living, because for the most the people in the UK have lost their quality of life. This is why Labour is pretty much bullshitting you. True Labour would have stood up for the farmers and their hardship, but the sexy side of governance is not found in that part of the world, so they remain silent. There you see the first direct evidence that this Labour is the same waste as the previous three ones, the two elected who drive us into debt, one non elected because there was no way to make good on the promise and the present one trying to razzle dazzle you with a manifesto that has no bearing on the reality of life, that is their embarrassing moment. In that whose story would you go for 1st, Al-Qaida with their Kalashnikov or Labour with nationalising the rails (which the BBC already showed in details in 2013 that it was not possible) and 60% in renewable energy. An absurd notion that the Swedes achieved as they have 3 cities (Stockholm, Goteborg and Malmo), with a total national population of 10 million people. The UK with 68 million and a lot more cities. the Greater London area alone is the size of the entire Swedish population, after that we get Manchester, Liverpool, Nottingham, Sheffield, Bristol, Leicester, Edinburgh, and these are merely the places larger than Malmo, the smallest of the three cities. The UK would require renewable energy amounts in excess of 750% of what Sweden has, a feat that is not possible as the UK would be short by well over 90% of the required need at present. So again we see how the Labour party is just full of… that stuff the cows make and makes the grass grow (read: it is a 4 letter word)?

There is just the small part of the manifesto I saw and some of what the media leaked. In addition, the fact that some in that small inner circle leaked it gives reason that they know that what they claim to offer is nowhere near feasible. That is modern labour for you. I could have made a much better manifesto in hours, one that might not have good news, but one that labour people could be proud of. Jeremy Corbyn basically left them with nothing and as we read that the other two were Andrew Fisher and John McDonnell, I just have to ask. Was Fisher not the one sacked in 2015? So how did he get back in the good graces of Corbyn? There is less against McDonnell the man is pure labour and we can ask how it is Corbyn and not McDonnell that is leading labour. That being said and how we is making the tuition free claim, how can he stand with this? Several sources have been asking how it will be paid for and not one valid answer came back at present. I will not fault them for the attempt as it is a noble one, yet when the treasury is showing well over minus a trillion, there is no way to get it done. Consider that there is still a deficit at present (it is a lot lower, but there is a deficit none the less), how can this be paid for? The government can pay for it, driving their costs up, or offer a tax incentive to companies lowering their income, there is no real solution. Some have been speculating into IP and letting students earn value whilst they study lowering their debt. Yet in that they would either take someone’s else’s job, or the last one there would be discriminatory value as IP Law Students and Engineers will have an unfair advantage against other students as patents are valued more and more. It is the most likely and the least fair system. It would drive business and art students in a rage as they need to pay full fair, which would be an unjust path.

If there is one side in the Labour manifesto that I support to some degree is that there would be a tax bracket for those making in excess of £80K, yet only if the 0% tax amount gets raised to give the lowest group a little more cash. If the 0% bracket is raised by £1500, whilst the 80% bracket is no more than 3% higher, there would be a social justice in play. Oh, and all references on how the higher bracket funds nurses, better realise fast that the highest income class, constitutes a group of less than 25,000 people, so how much extra would you charge them? The HMRC has those numbers (to some degree) and when you consider the cost of 10,000 nurses, you will realise that there is no validity or reality in such claims. Labour is failing the people if the United Kingdom in several ways and it started with a laughable presentation on a manifesto that has no bearing on truth or reality, the fact that it will be shown to the people in the 11th hour, how much faith can you have in any manifesto that is not openly shown, will not be in play until they are in office and the fact that large parts are already shown as non-achievable, how can you give them any consideration? In that I recall the UKIP manifesto, I might not agree with it, there are plenty of opposing views, but they gave it out when they tried to go for the election trophy, at the beginning, not at the point where the readers get a two-minute warning.

Oh, and for the little heads up. I will soon treat you to a story on how a place like the Australian Foodco, who is presenting the sale of franchises and only afterwards tell the people that its business model relies on underpayment, which actually will never work at all. Just in case you are interested in starting a franchise.

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Vive la what?

France decided, Emmanuel Macron is now the President of France. I will not shout some ‘hack’ issue. I believe that France made a choice, how well the choice is, is something that the President-elect of France will have to prove to be. Not the lame statistics on how young he is. The Guardian gives us some of the optional bad news (at https://www.theguardian.com/world/2017/may/07/theresa-may-congratulates-macron-on-victory-as-eu-breathes-sigh-of-relief) where we see: “Happy that the French have chosen a European future. Together for a stronger and fairer Europe.” No, they did not and your rhetoric only is a first piece of evidence that the EU and the ECB are considering a former investment banker to be the reason to play your games, forcing people deeper in debt and slowly turning the EU into something despicable. For the most, the article is fine. Today will be all about congratulating President Macron, whilst those shaking hands, calling the Palace or sending letters are desperately trying to get a few political punches in. That is part of the game, yet the dangers due to the greedy need of the USA is about to become actually dangerous. Marine Le Pen could have sunk those dangers, although it would come with other issues, there is no denying that. Yet the economic health is going to be a first, in that Crédit Agricole, BNP Paribas and Natixis would guard against that happening to France (after they take care of themselves and their needs), yet will it be enough? The quote that President Macron is giving now is: “I do consider that my mandate, the day after, will be at the same time to reform in depth the European Union and our European project,” Macron had told reporters, adding that if he were to allow the EU to continue to function as it was would be a “betrayal”. It sounds nice, but over time and especially as we watch delay after delay will we see if he is actually made of stern stuff. Time will tell and there is no way that it would be regarded as fair to see any initial headway until at least 10 days post forming his government. Yet there is a side we must take heed from. It is seen in the quote “he spoke out against a “tailormade approach where the British have the best of two worlds” creating “an incentive for others to leave and kill the European idea, which is based on shared responsibilities”“, this sounds nice, but responsibility also implies accountability, a side that has been absent from the EU and the ECB with ongoing lack of transparency for the longest time, in that Brexit remains a valid step.

So why do I seem to be freaking out?

That is partially true. Not because of Marine Le Pen not making it, which might have solved a few things. It is the part I mentioned yesterday with the Financial Choice Act. As a cheat sheet (at http://media.mofo.com/files/uploads/Images/SummaryDoddFrankAct.pdf)

shows us: “The Dodd-Frank Act creates the Financial Stability Oversight Council (“Council”) to oversee financial institutions“, that part is now effectively gutted from the Dodd-Frank Act. The damage goes a lot further, yet as I see it, the people in the White House have just enabled the situation that what happened in 2004 and 2008 can now happen again. When that happens the Euro will take a massive hit too. With Brexit part of that damage can be averted and in layman non diplomatic terms, we can state that as JP Morgan is getting the hell out of Brexit, the damage they could potentially cause in the near future will be on the books for the places that they go to or remain in.

One of the dangers is seen in the key principles of the Financial Choice Act. With ‘2. Every American, regardless of their circumstances, must have the opportunity to achieve financial independence;‘ we can read it in a few ways, one of them being that this is the sales pitch where the Greater Fool can invest in something, using funds that person does not have whilst endangering whatever financial future they thought they might have had. It basically opens a door to get some of the suckers’ bled dry fast. In addition with ‘3. Consumers must be vigorously protected from fraud and deception as well as the loss of economic liberty;‘, I do not see protection, I see a setting where basic protection is in place, yet as we have seen with the issue in 2008, the amount of people who lost it all whilst prosecution failed to protect the people and convict the ‘transgressors’ nearly 100% is just too stunning, and it is a lot more dangerous now as the global population has nowhere near any level of reserve of protection compared to the last time around. In addition, when larger firms start playing this game, they will drag whomever they passively claimed to protect (like retirement plans, like mortgages they held) with them.

There is another side which takes a little longer to explain. Yesterday someone tweeted an image I remembered when I grew up. You see it is all linked to what I was part of in the 80’s. I saw the application of segregation, isolation and assassination in a less nice way. It drew me back to my childhood, when I was introduced to practices by the Nazi’s in WW2 during my primary school history lessons. To identify the Jewish people, they were told to wear the Yellow Star of David. When I saw the image my thoughts started to align, unlike the puzzlement of the population at large in 1941-1943 as the star was made mandatory in several nations, the people were uncertain to the matter, with the exception of the Dutch underground who would not trust any German for even a millimetre, they were able to hide 25% of the Jews, so in the end well over 100,000 Jews were deported. From those only a little over 5,000 survived. The Dutch underground was able to keep close to 30,000 hidden, with well over 2/3rd surviving the war. Most people, would not learn of the actual fate of the deported Jews until much later, many remained in disbelief for many years after the end of WW2 in 1945. You see, it is that phase that I feel we are in now, we seem to be in disbelief as laws are past to give a sector of industry more leeway, whilst they (according to some sources) made 157 billion in profit and that is in the US for 2016. So you want to open the tap for a system that is less regulated, non-trustworthy and have shown in 2008 to embrace all greed at the expense of anyone else? How is that a good idea?

 

 

So what evidence is there?

Well, there is Senator Warren (Democrat for Massachusetts) who called it an ‘insult to families’, in addition we see “so that lobbyists can do the bidding of Wall Street“, which is still a political statement. When we see the partial part (at http://financialservices.house.gov/uploadedfiles/financial_choice_act-_executive_summary.pdf), we see “Provide an “off-ramp” from the post-Dodd-Frank supervisory regime and Basel III capital and liquidity standards for banking organizations that choose to maintain high levels of capital. Any banking organization that makes a qualifying capital election but fails to maintain the specified non-risk weighted leverage ratio will lose its regulatory relief” It is the very first bullet point and leaves me with the situation that banks have no right to relief when they take a certain path, yet they still get to gamble. I especially like the part in section 4. “Make all financial regulatory agencies subject to the REINS Act, bi-partisan commissions, and place them on the appropriations process so that Congress can exercise proper oversight.” Yet, the REINS Act only passed the Senate, yet is not law at present, in this it is called on to do what? If the Financial Choice Act is set into law before the REINS Act, the US will have a gap the size of the flipping Grand Canyon, in addition, from the McIver Institute we see the opposition from the Democrats with “The REINS bill is similar to legislation moving through congress, but with lower thresholds“, yes, that has proven to be a good idea in the past! Still it is a view of Democrats versus Republicans and it is a Republican government (House, Senate & White House), so wherever are the clear academic dangers? We get that from Mike Rothman, president of the North American Securities Administrators Association and Minnesota commissioner of commerce with “It is clearly evident that the changes contemplated by the bill would significantly undermine and compromise the ability of regulators to effectively enforce financial laws and regulations“, whilst the I saw the term “this voluntary state-federal collaborative framework“, so the collaboration is voluntary, not mandatory. In the last decade, when have we seen a proper level of protection in a voluntary state of any matter?

The beginning of the dangers are shown by the Consumerist, which took a look at version 2.0 of what many regard to be a travesty. In this we see:

  • Require the Consumer Financial Protection Bureau to get congressional approval before taking enforcement action against financial institutions
  • Restrict the Bureau’s ability to write rules regulating financial companies
  • Revoke the agency’s authority to restrict arbitration
  • Revoke the CFPB’s authority to conduct education campaigns
  • Prevent the Bureau from making public the complaints it collects from consumers in its Consumer Complaint Database

The one I had a stronger issue with is the one that tosses responsible spending around. The issue ‘Remove requirements under the Durbin Amendment that guided how much credit card networks could charge retailers for processing debit card transactions‘, so basically by charging stronger on debit cards, people will see a need to pay cash or force the credit card risk on people who for several reasons prefer not to do so. In addition the restrictions to arbitration will give leeway to Financial Institutions to avoid all kinds of courts as the victims (called consumers and investors in this case) any right to hold the financial institutions to account. It is rigging even stronger an unbalanced system. Marc Jarsulic, Vice President for Economic Policy at the Center for American Progress called this ‘a system that removes protections against taxpayer-funded bailouts, erodes consumer protections, and undercuts necessary tools to hold Wall Street accountable‘, which was already an issue at present making it a lot worse. It seems that the junior workers of 2008 are now in a place where they would prefer to fill their pockets before their luck runs out. The last bit is purely speculative from my side and it might take until 2020 until I am proven correct, yet at present 2 years is a long time to await the dangers of a greed driven system to get a little greedier. It is in that that segregation from the Euro will become essential soon enough, especially as there is no one muzzling the ECB and its crazy need to spend funds that they do not have and will not have for years to come. As for the news we see appear at present on Bloomberg shows my correctness from another side. At https://www.bloomberg.com/politics/articles/2017-05-07/a-reverse-trump-tax-plan-delivers-an-economic-miracle-in-sweden, we see how a reverse of the Trump ideal works a miracle in Sweden. Now, it sounds a little too good to be true and it is. You see, I am not against the principle that Sweden has, yet in Scandinavian terms, the Swedes are uncanny social. I once joked that a woman can get married, after a year she gets the bun in the oven and gets paid maternity leave. If she starts making buns non-stop, she will never work another day (as long as she gets pregnant immediately after giving birth), 20 years and 22 kids later, she still has an income, a sound and secure retirement fund with only one year of work. It is almost true and I admit far far fetched. Yet the social side of Sweden allows for this. Because that one person will be the utter outlier in any statistical graph. The Swedish solution works in a social educated country like Sweden. In America which fosters self-centeredness and greed, this system would be abused at the drop of any hat and the system would collapse. You see, Bloomberg does not mention, that unlike America, companies in Sweden do not shun taxation (IKEA seemingly being the exemption to that rule), which is also a huge difference. In addition, Swedish Civil Law has a sizeable extensive system of Administrative Law which would also contribute. As we see commerce in Sweden increase, the Swedes will automatically feel the brunt of that in a positive way (as I personally see it). Yet it is not all good and summer there, as Magdalena Andersson faces a vote of no confidence if certain changes are not stopped, or even more adamant, be rolled back to some degree.

It is this combined view that France is now seen as ‘Vive La what?’ It is very much on how certain banks and the ECB are called back to stop endangering the future of too many people, Quantative Easing be damned. It is in that environment that the Financial Choice Act is an upcoming danger as Wall Street gets to be in charge of how money flows, in what direction, risky or not. As for what happens between now and 202, I truly hope that I am wrong on every count, because the 2008 global losses which have been estimated to set around $15 Trillion could easily be doubled this time around. More important, as global national reserves are none existent, the impact will hit the consumers and retirees in ways that they cannot even fathom, it makes the hardship in Greece look like a cakewalk as I see it. I will happily be wrong, yet the visibility we already see at present sets me more likely than not correct, which is really scary, not just for me.

Oh and if you doubt me in this (which will remain forever valid), why have we seen massive levels of misinformation from papers with ‘NO ONE wants to risk GREXIT’ Economist says Greece bailout will go ahead to SAVE Eurozone’ (source: The Express), whilst we know that you cannot be set out of the Euro or Eurozone involuntary, and ‘saving Eurozone’ is a little strong is it not? Or the Daily Mail that gives us that Brexit is a gift to the Greeks. This is not merely a point of view, certain sources are adamant to misdirect the focus of the people, if the Euro was such a gift from the gods, misdirection would not have been needed, would it?

 

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Awaiting the next…

There is not a lot to do today, the French polling booths opened up 28 minutes ago, there is no certainty who will make it to the palace in Paris and I will not speculate at this time. In that regard, the shouting of ‘hacked’ by Emmanuel Macron seems shabby and shallow. In that same light, we see (what I regard to be) the the hilarious idiocy of Jeremy Corbyn with ‘We’ll fund spending by raising tax on £80,000 earners, says Labour’, which is a joke when you consider that it does not even get close to 20% of the spending spree he has in mind. The UK is in a state of hardship for now and that has always been a known fact. It is a hurdle that the right politicians can overcome and Jeremy Corbyn is showing again and again that he is not cut out for that position. The quotes “under the plans, 95% of taxpayers would be guaranteed no increases in their income tax during the next parliament” as well as “those earning above £80,000 should expect to pay more to enable improvements to the health service, education and other public services” show the level of lacking reality. Now, I have nothing against raising taxation just a little in high earner fields, yet that was to offset increasing the 0% tax bar so that those in low incomes would get just a little more. The improvements needed to health care alone will require billions, more than the tax increase allows for, which means that the UK Labour party is deceiving you. Would you vote for someone who actively and openly deceives you? You as UK voters, you should know this by now. In all this, these false promises from Labour UK is merely a clear sign that voting for them is voting for the downfall of the UK. UKIP is equally down, having no constituencies left and the lack of the charisma of Nigel Farage is a problem for them. Paul Nuttall is not getting it done, which is no bad reflection in him. He started as the underdog and with merely a Brexit, it is not enough. Farage was (even though everyone disagrees) a visionary, not the most diplomatically eloquent one, but a visionary none the less. Paul requires more than he has at present, more following, more issues to work with and these two are much harder to come by at present. The Lib Dems are not in a growing side either, but they already had a following and I will admit that Tim Farron did a lot better in this election than I gave him credit for. If he can connect to Theresa May and plead for essential parts of the Lib Dems message to become accepted by the Tories, he will actually have a game to play and if administered better than Nick Clegg did, he will have an advantage, one that surpasses the Labour party at present, which is saying a lot.

In all this, we have weeks to see the press give voice and give a swing to what these politicians are trying to say without sounding like Oliver Twist with ‘Can I have a little more please?

Whatever happens, it will not happen until Tuesday as Monday will all be about France and it will be about the next phase of France. In that regard I do believe that the outcome of the elections is merely a stage towards what will be opened at that time. No matter the win, a European referendum seems to be no longer avoidable. Macron is realising it and Marine Le Pen is merely waiting for Macron to screw up that one mistake is all that will be required.

That is the setting which we will see before the general elections and hen that happens it will impact the political actions in the UK. It all takes a turn when we look at the BBC with their reality Check, those claiming (read: Nick Clegg) that households would be £500 worse off is still not proven to be correct. If anything, they are 0.2% better off, yet there is a little over 6 months to go, so there is room for the end result to shift, yet by June this might be proven to be no longer a reality. It is those bog winded predictions that should be at the core of how we hold politicians accountable and in that regard Nick and Jeremy are not doing too well. Even as they hit out against Nigel Farage when he stated ‘I would much rather’, which is a preference and not a certainty, they themselves are all about ‘is likely to be’ which is actually also a prediction. It is the intonation of ‘it could be worse’ that counts. I have seen too much from certain people showing this path. It is the level of fear mongering for votes that really gets my goat.

Clegg was doing a similar thing less than 24 hours ago on how raising taxation would gain Sheffield £100 million (source: the Express). As I see it “by adding a penny onto every pound of income tax people pay. The tax, the Lib Dems say, would raise £103.7 million for Sheffield each year – £84 million for the NHS and £19.7 million for social care” the quote is merely wishful thinking, by raising taxation by even 1%, the lowest two groups could find themselves in near physical hardship, which now implies that the spike that the increase brings will result in NHS costs more than twice the amount they are gaining. By the way, that one percent addition, implies that Sheffield gets a little too much. When we get the numbers from HM Revenue & Customs, we see that in 2015 South Yorkshire the total taxation was a little over £2 billion, 1% of that is merely £20 million, so where is little Nicky getting the rest from? I am 100% certain that the quality of life in South Yorkshire did not go up by 500% in one year. Yorkshire pudding just does not give that level of taxable revenue. Which implies that Tim Farron has a problem by letting Nick Clegg babble all over the place. Perhaps Clegg was the Obi-Wan Kenobi of Jeremy Corbyn? In all this we see a need for clarity and getting the correct information to the voters, because any Clegg-Corbyn union will ruin the United Kingdom as I personally see it.

So what is next? What are we waiting for?

That is an actual issue, at times we can only wait until the results arrive and the UK will be awaiting what happens next. On this day, this Sunday, the UK will be reacting to what happens on the mainland. Even Greece is getting visibility by proclaiming to be the ally of Macron, so how are they valued at anything? Late last month we see how Greece is one target to make the debtor deal, whilst last week we see that the EU is trimming down the forecast for 2017 from 2.7% to merely 2%, in all this were the numbers adjusted? So after the deal, we get the bad news that the numbers were off by almost 26%, how is anything in Greece valued at all? (source: RTE).

So, those people who were off by well over 25% are all about engaging through the facilitation of a former French investment banker as President of France? In all this the UK will go forward in Brexit, because not doing so will have dire consequences. That risk is now coming from the US a they are trying to get the Financial Choice Act into place. So at the Guardian reported “If you want to buy a house, it will let salespeople push you into high-interest, high-fee loans because it increases their referral fees. On top of that, it makes it easier for realtors and mortgage lenders to sell you into closing services that they actually control – essentially giving themselves a kickback”, is just one of a few issues that give rise to the angers of more than the low income earners to become either a wage slave or homeless. You only need to have been there to know that you will do nearly anything to remain a wage slave. On the 15th of February of this year I wrote (at https://lawlordtobe.com/2017/02/15/pimping-the-united-states/): “If there is an upside, then it will be that the next financial event will have one enormous difference, the moment the US people see that their quality of life returns to a 2009 state, there will be 170-205 million people unanimously agreeing that the President of the United States is to be assassinated, moreover, when that angry mob runs to Washington, the army will not intervene as they will have been hit just as hard as well as their family members. So at that point the Secret Service will need to protect an idiot, whilst they have less than 1% of the ammunition required to stop that angry mob. Good luck to them I say!”, the Financial Choice Act might be the actual point that made my speculation a few months ago an actual reality. At that point we need no longer worry about either the IMF, Mario Draghi or the Euro. I reckon that once one of the players goes a little overboard for mere greed, the people will gut (quite literally) anyone working on Wall Street, at that point the people at the IMF will run for their lives, having no control over what happens next on the global market. Mario Draghi would essentially take the first flight into anonymity and the Euro would take a dive so steep that 10 EC members will take flight to their old currency overnight giving the UK and Sweden a large reason to smile for a few hours (they would still take a hit soon thereafter), pensions in Europe will become a thing of the past. Yes, this is speculation, yet when the financial services making a profit will over $150 billion a year needs more options for profit, I think we can all agree that the dangers of any future lost to the population at large will have dire consequences for anyone facilitating in that endeavour.

The weird part is that Frexit will actually increase the dangers to the Financial Choice Act to become a reality, because that is the way greed tends to go. Those wanting it are already massively rich and they will not care about the 98.4% of the population that they hurt to such an extent. So as we contemplate Brexit, Frexit, Swedone, Withdrawsaw, Czech-out, Donegary and any other fashion word for countries leaving the Euro (oh, I forgot about Beljump and Nexit), the US in their lack of foresight is about to give rise to financial fears to the global market at large. I will dig deeper into the Financial Choice Act in the near future.

 

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Conservatively valued

When I was relaxing last night, I knew that there was an issue with the UK Labour party. There has been one for the longest of times, what was not clear to me is that it went a lot further than I expected. Not only was I unaware that in all the waves of Media bias, the voters themselves had figured out a few things. Not that the voters are in need of education, because proper information tends to give voters a better view of what way not to go. No, the fact that we se (at https://www.theguardian.com/politics/2017/may/05/local-elections-tories-profit-from-ukip-collapse-amid-labour-losses), that the local pats of the Labour party have been decimated by losing over 300 seats, they are not out of the war yet. In that the General elections of June will still be a fight to consider. What seems to be the case is that on a local level, the people seem to have had enough of the Labour party. UKIP took a dive too and has now no election seats left. I am not sure how I feel about that, because it is a local thing and the people will vote for those who will achieve something for them, in that regard I cannot state that for one, how active UKIP has been, and in the second part that for the most, the charisma of Nigel Farage was the driving force of UKIP, without him active in the party, it would all be about the people of the local electorate and how they perceive their local elected youkiperino. The LibDems did OK, which was a little bit of a shock, but perhaps like in the previous elections as there was an interchangeability in electorate councils between UKIP and the LibDems, there is a chance a chunk of those people switched back. I would need the actual datasets to take a better look at that part. The quote in the article by Anushka Astana and Heather Steward is an interesting one, we see: “May’s claim that the EU was meddling in British affairs, which propelled her on to the front page of every national newspaper on Thursday morning as voters headed to the polls, was believed to have contributed to her party’s success against Ukip”, there is every bit an optional truth in that, the entire EC issues and the Europe against Britain has given Theresa May a much stronger view and an increased improved exposure and that is what the local voter are influenced by. I agree with that part, yet that would still not have been possible without Labour pooching their political game. In that Jeremy Corbyn is that larger loser, as I pointed out the day before yesterday in my previous blog. So as the UK moves forward towards next month elections, we will see levels of accusation of foul play by the Labour Party and possible UKIP too, the truth is that the people are realising that it is not one against the other, it is the UK against a non-trustworthy engine in Brussels and in addition the European Central Bank and Germany. Two sides that are trying not to get thrown of the European Gravy train. In that side, the additional usage of a German opening his mouth in, what I would classify as ‘stupidity’ with ‘Brexit: English is losing its importance in Europe, says Juncker’ (at https://www.theguardian.com/politics/2017/may/05/brexit-english-is-losing-its-importance-in-europe-says-juncker), where we read: “Slowly but surely English is losing importance in Europe,” Juncker said, to applause from his audience. “The French will have elections on Sunday and I would like them to understand what I am saying.” After these opening remarks in English, he switched to French for the rest of the speech”. It was bad form, even worse decorum and in that he is now desperately not be seen as a failure, which still has a 50/50 chance of getting getting painted as the ‘village idiot’ in the cold light of day this coming Monday.  The fact that a French election was super unpredictable in round one was pretty much a first in French modern history, the fact that t is not just party polarisation, it is the fact that the people have suffered a massive quality of life, whist in addition that level of loss has been frozen for over a decade is also an issue never addressed by those parties and the opposition is now screaming ‘everyone but Le Pen’ is doing so whilst he was part of a business that took the quality of life away from the French in the first place. It seems that the moment the voters remember their 10 years of hardship and see that one of the choices is a former investment banker, his goose is cooked and ready to get gobbled.

What we do know is that the English language has only increased in importance and it will do so for a long time to come, it does not matter whether the UK is in or out of the EC, the UK remains part of Europe, a trivial matter that Juncker overlooks, in equal measure, when people do business out of their own country in Sweden, Denmark, the Netherlands, Spain and Italy, it is the English language that they hold one too, both sides feel comfortable with. The European population has not felt comfortable with the German language since WW1 and the French in all honesty elide on the elitist ambassadorial need for French, which tens to be not used in those circles either. So Juncker strikes out twice and the hostility created here is also setting the UK population in what might be seen as ‘fighting mode’, which supports conservative values lot more than many bargain for. When a person is attacked on values, that person looks towards family, the homestead, the workplace and staying strong, all conservative values (here I mean original values, not just Conservative party values) and the Tories profited by the situation.

Even as Theresa May keeps a cool head not relying on this victory for the general election, there is a truth in he fighting stand to keep Britain together. In that the Labour party with all its infighting is hurting itself with every round that some Labour person comes out with some strong statement trying to look clever. They merely seem to alienate their own member base. The fact that the Welsh side of the Labour party feels safer doing it on their own is a second sign that shows how much they bungled their own chances (not the Welsh mind you). I have seen and heard cries for Miliband, yet I am not certain how he could fit in. We could argue that anything is better than Jeremy Corbyn, yet the strength of Labour was always coming from a local side and they los that, implying that without that momentum there is no Labour to consider. I am not certain that this is true, in that France can be a driving force for the Labour message in the UK, especially is Le Pen wins. I have stated before and a few times that ‘nationalism’ is not an ugly word, we al believe in our nationalism to drive national pride in sports and products. Do you think that ‘buy Australian’ is merely an empty gesture? As the French rely on the national pride to grow its economy, Labour could do that in the next local elections and regain their own strength (be it with an essential lack of infighting). Yet, this is for the next local elections and in that, unless a miracle happens, the General elections are a wash for the Labour Party. If you doubt me, then consider that this path had proven to be a winning strategy for UKIP and it is still giving momentum to the LibDems. Too bad that the Corbyn groups did not figure this out in time. Will there be a power shift in Labour? It essentially need to be because they have nothing left to rely on, Corbyn threw that away. I cannot state that Miliband is the solution, it is weird, but I do believe that if Ed takes the lessons of his father Ralph to heart, he could swing it all over the next elections. Those who rely on the hatched job the press did two years ago need to realise that his father a Polish Jew immigrated to the UK, fought the Germans (as all British did) and as a University professor created what is now known as ‘the New Left’, Marxist in origin or not, you need to be a person of particularly strong vision to pull that off and he Labour party grew from near nothing to true strength, historical sides that were ignored, even by junior himself. I am not going into he said, she said, and the mud slinging. We know that historically both sides have been fiercely Nationalistic as only the Brits can be. That side has been lost by Labour as it tried to be more European at times, which is now a decided disadvantage, because how did the UK fare under the ECB? Not that great, or at least not to the degree they could have been and the people are seeing the realisation of that more and more, to the detriment of the Labour numbers. Even as some people are urging that Mario Draghi is easing down from his spending spree, Draghi is defiant in his need to wave the trillion-euro credit card around, leaving whatever to come next to pay for the bills. It only resolves the need for Brexit and any anti-Brexit noises we hear will impact the voting numbers, UKIP started it, the people voted on it and now France is moving on it too, yet that outcome is not a given. In all this we see the IMF calling in negativity towards the UK, whilst they have been wrong already three times. In all this we also see the influence of Greece on all this, because it will. Ekathimerini reports: “Greek bonds are investors’ last chance to take a free ride courtesy of the European Central Bank. Athens could soon be eligible for the bank’s program of bond purchases, pushing up prices just as those of other Eurozone bonds start going the other way”, they did not learn the last time, now they have to get to be this stupid again? You see, bonds are lovely for those mediating in this, the expected windfall for those mediating was roughly 50 million Euro last time, and this time? Consider that the Greeks ended up with literally nothing t show for, so why repeat such a stupid mistake, this just drives the need for Brexit and Frexit faster and stronger. That is how Greece is impacting on Europe. We can argue on how desperately the Greeks need it, yet when we know the consequence that it merely keeps the lights on for merely a month and it will take the people years to pay it off, how good an idea do you think this is? And that is when we realise that the interest levels will only rise again giving additional hardship to the Greeks, in all this that so called ‘independent’ ECB seems to be setting the stage for themselves alone. How is that European, acceptable or even problem solving this ECB is? So far there has been no evidence that they are anything but a facilitation to a group that was not elected and seems to have an agenda that is locked down and detrimental to the heath of the entire Eurozone.

Now I agree that my previous statement s a little too strong and perhaps off the boil, yet the election over the next 48 hours are giving us the reality that the people are feeling the hurt, whilst unelected elements are paving the way for big business to get free rides and easy access to the options of profit which will not help the voting population any. Website Fortune.com is giving us “The gross domestic product of the 19-country euro zone bloc grew by 0.5 percent on the quarter in the first quarter, which translates to annualized growth of 1.8 percent in all of 2017, the European statistics agency Eurostat said”, my issue is that the year is not over and in the bulk of all instances in the past, expectations ‘suddenly’ get winded down in Q1 2018, In addition we know that after one quarter 0.5% does not make for 1.8%, and that reality has been shown to many of us too often, the issue is also that this is happening whilst Mario Draghi is spending €60 billion a month, so basically it is fuelling some commerce which is not any level of economic growth, in that realisation, the UK is growing decently and France could go the same way when it Frexit’s the hell out of the ECB jurisdiction. With every spiced report we read, with every ‘speculated translation’ we are given less of less faith in a system that is fuelling itself by plunging the European nations in deeper debt. Tell me, when was that EVER a solution to economic hardship? In my view nationalism seems to be one of the few working solutions left. We just need the right champion and so far (even as I was not a fan of her) Theresa May has been doing the right job, steering the right path, so as a conservative, I feel pretty good. I just hope that Labour gets its act together, because better politicians are forged through opposition, and in the coming four years we need Theresa May to be as strong as possible, because Brexit will not be a cake walk, as the European players are losing their power base and as their fear of a mediocre income grows they will be changing their games and tactics into something insidious, hoping to strong along weaker players and seeing what they can bank for themselves. The lack of transparency will increasingly allow for it. The fact that there is such a lack of transparency has been voiced by others for some time, yet the lack of actions ran updated code of conduct, whilst the ECB powers have grown (source: Handelsblatt Global), when we see such a failing after a decade, whilst the ECB is all about stopping people leaving the European Fraternity is a weird situation, the act that you cannot be thrown out (see Greece) and when a party seeks a better place (see UK) we are confronted with actual issues on the ECB and its spending spree, even hen its largest player (see Germany) is asking  Mario Draghi to ease off. All this is leaving a bitter taste in my mouth and that is even before we realise that the UK has big national fish to fry and solve (see NHS). In all this should we even wonder how France will react? How the French will act when Emmanuel Macron wins and makes a quick deal with his former investment banker friends? I reckon that there is the smallest of chances that in the hereafter Louis XVIII will ask Emmanuel Macron: ‘You too?’. In that, it is so Monty Python to quote that Emmanuel Macron was 171cm in life, whilst at the day of his death he was only 149 cm tall. I joke and offcourse it is unlikely to happen, yet the rage of the French people is such that 50% is siding with Marine Le Pen, a situation that would be unthinkable before Francois Hollande became president. So you tell me, if Le Pen does not win (not unrealistic) and suddenly the people see Frexit fall away (also not unrealistic), how unrealistic is it when some elements of the ECB get exposed and the French rage that follows, especially when the UK economy remains growing stronger and stronger, that not only will a Frexit referendum be demanded by well over 70% of the French, or what will happen at that point when Emmanuel Macron starts dragging his feet?

We will not know for two days, but after that, no matter who wins, France will be in for several large changes. You might have seen how Emmanuel Macron voiced his view on Frexit, yet like Jeremy Corbyn, talk is cheap and the agenda of an elected official tends to change after getting elected, that much has been proven for decades. The question is how far is Macron willing to take it and how will the French view the changes offered. This all impacts on the UK general elections as it will set the tone for Europe. It will have an impact that will last the rest of this current generation to clean up the mess that EC non-elected officials created.

For those who vote, do so, be true to yourself and your family, whilst being in support of your nation, that is as much as anyone can do, do so truthfully and you should be fine.

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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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Frexit Down Under (2nd attempt)

What is about to come was written several days ago. I stopped the article as there was too much speculation (read: claims by unreliable sources) and I prefer facts over scaremongering. Yet the initial views were not invalid, but must be taken in stride, taken with critical consideration. I am not stating that you should believe me, it is much better to see other newscasts and rank their views against the information I gained. Because over several national papers and sources, I see a pattern, but that pattern is subjective to the quality of the data that is linked to the issues. So the new parts are added within the original parts, see what you make of it.

11/5
Just as I was about to start reading Iran: Politics, Gulf Security, and U.S. Policy, by Kenneth Katzman, other news reaches me. We could Katzman do be the writer of suspense. Some see him as the new Kazuo Ishiguro, another version of ‘Remains of the State’. You see, the banks want to talk about Iran. The quote “There are now opportunities for foreign banks to do business with Iran” is one that Sky TV had. The story by Katzman gives us “Sanctions on Iran’s Central Bank. CISADA bans accounts with banks that do business with the Revolutionary Guard and sanctioned entities and the Department of the Treasury in November 2011 declared Iran’s financial system an entity of primary money laundering concern“, which is now an issue on more than one level. When I state story, I do not mean that Katzman fabricated anything. It is a good read, in light of a few issues, it is almost a mandatory read if you need to be aware of certain events. You see, the paper even though decently up to date remains absent of clear Hezbollah facts. The fact that the area near Baalbek is now Hezbollah grounds due to a municipality election is the smallest of the problems. You see, the Shahab-3 seems to have been made ‘available’ for Hezbollah, this gives them direct intervention capabilities for both Syria and Israel. This is not in the light of Katzman (it was not his focus), but Michael Rubin gives us the goods in Joint Hearing on “Israel Imperiled: Threats to the Jewish State”, which was meant to be for the Subcommittee on Terrorism, Non-proliferation, and Trade Subcommittee on the Middle East and North Africa. It is a mouthful, but so is the Shahab-3 (please do not swallow that load).

The issue is twofold!

In the first the direct powder keg is that the Shahab can now hit Israel (most important Eilat, which has rarely been a real target), Cairo as well as Amman. If the delivery becomes fact, the Hezbollah dynamic will change a lot of issues, all at the same time. These issues are not massive, they seem to be scaremongering for the most, even if that is a position that Israel cannot support, she does recognize the low reality of it happening initially, that is until there is a stronger Iranian presence, Hezbollah is unlikely to push this strategical issue.

15/5
In the previous parts I had considerable open sources of information, yet there was an issue that did not ring complete. I had access to other sources in the past and in combination this gets a lot more reliability. For this we need to take a step back and look at my article from September 2014 (at https://lawlordtobe.com/2014/09/19/to-be-deserted. Yes, that long ago!) Here we see “There are a little over 3 million Syrian refugees, they are placed all over Lebanon, Jordan, Turkey, Iraq, Egypt, Algeria, Sweden, Bahrain, Germany, Libya and a few other nations. During all this time, these places had casualties too and they are not part of the 160,000 casualties, which is why I think the Syrian death toll is a lot higher. In all honesty, did you remember these refugees? I feel 100% certain ISIS has not forgotten them and if they are recruiting there we are in for one hell of a wake-up call soon enough. If there is any strength in number then these new ISIS members will be most likely in Lebanon, Jordan and Turkey“, which implies that I was correct to some extent. You see I expected ISIS to be he recruiter and perhaps they are. Yet when we consider the quote “Terje Roed-Larsen expressed serious concern that not only have Hezbollah and other militias continued their activities since the Security Council ordered them to disband in 2004, “but if anything they have expanded.” He also expressed concern at the reported expansion of extremist groups, mostly in Palestinian refugee camps“, Terje Roed-Larsen is a UN envoy, which now gives a lot of weight to these events (source: Ynetnews.com). This now gives additional weight to the issues that are playing. The smugglers in Turkey, the paths towards Europe and the now viable dangers that refugees are in Europe, especially France. Consider the issues that the Intelligence branch will end up with soon enough. Refugees that are radicalised, basically Lone Wolves with assistance from every bleeding humanitarian group on social media. The additional hardship will be that they will cry foul and failure when things blow up in their face.

11/5
In the second we have the Hezbollah and France issue. There is a storm brewing and the quote ““This is a problem that Israel is creating and it may spark a war,” a parliamentary source told Lebanese news site Naharnet” is only one part of it. The second part is “The meeting between Hollande and Lebanese MP Mohammad Ra’ad, which had been requested by Hezbollah, was cancelled over “conflicts” with the international community“, which is linked to all this. Now we have all kind of ‘statements’ by middle level people, usually for the realm of seeking the limelight and get some home front votes. This gives rise to the situation that Hezbollah is not a situation, yet that is not true either. The UK is starting to be a cesspool of approaching extremism. As security issues evolve in Europe and the UK, we will see conflicts and escalations. There is no way to predict the direction this is taking, tactically France will become a strategic target, the reality of how much of a target they could become cannot be predicted at present. Yet, it is not just Hezbollah by themselves, how far is Hezbollah willing to take their friendship with Iran?

15/5
The previous part was one that I was very willing to throw overboard. Yet in all this there is a snag, a snag that might have been used before. The Independent (at http://www.independent.co.uk/voices/after-splitting-with-al-qaeda-al-nusra-is-being-presented-to-the-west-as-a-moderate-force-it-s-a7022271.html) gave me this, which I did not attach for more than one reason initially “Al-Nusra is being presented to the West as a moderate force. It’s nothing of the sort” as well as “Nusra, according to Lister, is “rebuilding a military coalition and plans to soon initiate major offensive operations south of Aleppo” in order to spoil US and Russian efforts for a truce in the city. The best way of thwarting Al-Qaeda’s ambitions “is to dramatically scale up assistance to vetted [sic] military and civil components [sic, again] of the mainstream opposition inside Syria,”“, it becomes a part when we consider the quote from Terje Roed-Larsen (the UN envoy) “Hezbollah’s involvement in the conflicts in Syria and more recently Iraq risks a spill over of sectarian tensions into Lebanon where the Islamic State extremist group and the al-Qaida-linked Nusra Front are reported to be expanding“, this gives weight to an option I considered, but with other players. It is not too far a jump to consider that Al-Nusra is sending radicalised refugees in France and sour whatever Hezbollah has been trying to build. A tactic that would please Iran as it gives Hezbollah only one path and all at the back and call of certain Iranian players.

11/5
There are issues and France winning a billion plus deal for Australian submarines is where the plot thickens and where we see that no one is truly happy to be alive over the issues rising in the Middle East. Only now do we see in the news how Brexit will accelerate other nations leaving the EU. Something I clearly foretold months ago, actually, the better part of a year ago. These issues now call Australia into the game and that is where things tend to get complex fast. You see, this 40 billion dollar deal is one both sides want to maintain, so Australia is about to get involved in the Frexit mess, because when that goes and the French Franc returns, the price of those waterproof dinghies will go up by a fair bit, second, in this deal Australia becomes a stronger target for extremists, so now we get another petulant extremist child to deal with.

This is where I was on May 10th, one day later we get (20 minutes ago, at http://www.breakingisraelnews.com/67466/israel-reportedly-targets-hezbollah-weapons-convoy-along-lebanon-syria-border), the quote “Unconfirmed reports indicate that Israel has targeted Hezbollah terrorists and a weapons convoy along the Lebanese-Syrian border” has one specific word you must not forget, namely ‘unconfirmed‘. When we consider that Iran has been found engraving missiles with the phrase that translating as ‘Israel must be wiped out‘, it is clear that there is an issue. That part has been discussed at length in the past year. The issue is now not just what the missiles can hit, it is the distance that they can travel to and the shipment of the missiles. The airstrike is only an indication of a possible threat (small arms versus missiles), the continued escalation in Aleppo, that whilst America is now trying to rely on diplomacy (it is likely the only option they can afford), seems to be a not so great a choice. I am careful to phrase it in that way, because so far, there is no evidence that an abundance of American Troops in the Middle-East was ever a decent solution past World War 2, but that could be my wrongful insight.

Now we get to France. This is a hard one to sell, you see there are a few sides here, but there is also a negative implications in this place. From my point of view there is a stronger escalation because of two reasons. The first is the now growing demand that is founded on anti-Islam growth. At present 47 percent of France believes that Islam is cultural harmful to France and the French. That number is not making the immigrated Muslims into France feel any better. The fact that France arrested Lebanese money launderers for trying to up their visibilities remains an element, so we can easily conclude that this issue is far from over.

Now the final part, how does Australia fit? Consider the 40 billion involved and France is making them underwater dinghies. What would be a bigger target than a 40 billion product which could massively impact French industrialisation? Now let’s be clear, an issue as it exists is not a prelude to organised violence, I will be the first one to admit that. What is a given is that the escalations that involve the Arab League is still evolving, with the ties that Hezbollah has with Iran, that issue will not go away any day soon, not to mention the other players growing their line of support.

So, how does Australia fit in all this?

It does not fit into it as a nation, but if I was working for the other side, it would be the submarines (aka them underwater dinghies) that I would target. This is not a secret, it makes tactical sense, so for the time being France will have new levels of security requirements in Lorient, Brest, Nantes and Cherbourg. These places only seem isolated! With the growing concern of refugees comes the issue that 0.1% could be travelling with ulterior motives, now apply that issue with any ship yard or industrial site. Good luck with the idea of ‘security’ in such a place! That concern is not just a figment of my imagination. France is facing issues it never faced before and as such, no matter how well its security teams are trained, the environment is working against them. The openness of a shipyard has always been an issue on a global scale, the fact that the negative elements are in France and could be targeting the French economy was never an illusion. Whether such an attack can be solved is not the question. The question becomes can all attacks be stopped 100%, which taking the locations in Brest alone is already a trying exercise. It is not just the shipyard, it is what is across the ‘narrow’ stretch of water is an equal source of concern. Cherbourg has partial dangers and in addition the concerns of ferries to deal with. This has made it a target for refugees, so security now has the additional challenge of finding the difference of a person praying for humane treatment and an optional few looking to exploit the humane treatment by the local population. The other two has equally concerns on several levels.

In all this it is important to realise that Hezbollah denounced the Paris attacks, that Hezbollah was not part of the attacks on France in recent history, this makes the statement that we got from Naharnet not less real, this factor is still an ‘option’ as each party in the Middle-East has their own levels of extremist leaders and the fact that there is pressure on France is an absolute given, yet in what shape such attacks would/could take shape

These escalations are only increasing as France is now moving towards Frexit. If Brexit becomes fact the pressures in France will only sharply increase.

 

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Slaves of a different nature

The sci-fi fan sees in his/her mind a woman, all green, preferably close to naked growing lust in their mind. It is the Orion Slave girl fantasy. This comes from a TV-series that is half a century old. In that universe created by Gene Roddenberry these green ladies were introduced in the original pilot of the Star Trek series in the episode ‘the Cage’, there they were depicted in a sexual context. This is not that kind of slave. Neither is it the kind that is forced to create products through prisons or work camps where they make license plates, or set up governmental mailings. Neither are they children under 18, forced into some kind of servitude. No, these are not one of the 5 forms that the National Underground Railroad Freedom Center is illuminating, this is a sixth kind.

It is the kind of servitude that was once a calling, once a choice of life, which governments and insurers alike have been putting under pressure beyond any normal acceptance of labour. That part has been ignored for too long. People all believing in the wealth that a doctors and lawyers income brings. Later in a career that might have some level of truth when you ignore the elements on the other side of the scale. The fact that someone in IT will surpass the income of those graduates from the very beginning is often ignored. When I see some of my friends in health care, I see friends who are exhausted 70% of the time, some working in excess of 14 hours a day. So when I read ‘Nearly 60% of Scottish GPs plan to leave or cut their hours‘ (at http://www.theguardian.com/society/2016/apr/28/nearly-60-of-scottish-gps-plan-to-leave-or-cut-their-hours), I am not overly surprised.

We all claim that we are against slavery and injustice, yet the governments on a global scale are seeing their health systems collapse and as such, hiding behind the false image of all doctors are wealthy, they have been cutting into the incomes of doctors and stretching the hours they have to make. Underfunding practices and making them work ungodly hours. What we see in Scotland is only the beginning. In the Netherlands we saw in 2014 that GP’s would work around 60 hours per FTA (Full Time Equivalent), making that 13 hours per day, whilst IT staff would get more for a mere 40-45 hours a week, 9 hours a day at the most.

So in all this, whilst health care workers availability are at an all-time low, we see the quote: “26% planned to leave general practice in the next five years“, so one out of four is stopping whilst one in 6 patients will at current pressure not receive the minimum level of care which will now get close to another 1.5 out of 6. This gives us 33% to 50% of the patients in a tough spot. One foot in the grave will get a whole new meaning soon enough when that comes to pass. Certain elements of these changes are already visible in France and the Netherlands, the United Kingdom is in a harsher place than the Netherlands, but I cannot confirm how France is set. Outside of the large cities the information tends to be sketchy and cannot completely be relied upon (read: my knowledge of French sucks big time). Sweden is heading towards a new economic crises on more than one side. Healthcare is one (but less visible), the issue that is visible is the economic drain that the refugees are causing, well over 100,000 have no place and no matter how obliging Sweden is. The refugees are confronted with language issues and a skill set problem. The latter one can partially be adjusted, the first one can be overcome by the refugees who truly want this, but it takes time, which is one side Sweden is having less of. Sweden is trying to recruit doctors in many ways and their approach might work, but it will work slowly and it will cost the Swedish government a fortune. The reason for focussing on Sweden is because for the most, Sweden is a social success. Sweden has made social changes that the nation accepted (including paying a lot more tax than there neighbouring nations). The refugees are changing this, a social system can only survive in balance, the refugees arrived in such massive amounts that the system cannot cope. The total refugees that recently arrived have surpassed the size of the Swedish city of Västerås, which by the way is not the smallest of places. With the banking in disarray and Sweden missing sales marks gives additional problems for Sweden and healthcare will feel the brunt as doctors are now moving to other non-Swedish shores. Sweden illuminates the required need for the UK, a need that the UK is unable to adopt at present. In addition, the approach that Jeremy Hunt is taking will not help any.

When we see the British Telecom News page, we see “But in a letter to the BMA’s junior doctor committee chairman, Dr Johann Malawana, Mr Hunt said: “It is not now possible to change or delay the introduction of this contract without creating unacceptable disruption for the NHS.”

As I see it, my response would be ‘Yes, Mr Hunt!‘ you had alternatives but you chose to ignore them. Focussed on a system that had collapsed, focussing on the approach of slavery, you saw in your school years the Slavery Abolition Act 1833, yet as we see the words from the English poet William Cowper (1785) as he wrote:

We have no slaves at home – Then why abroad?
Slaves cannot breathe in England; if their lungs
Receive our air, that moment they are free.
They touch our country, and their shackles fall.
That’s noble, and bespeaks a nation proud.
And jealous of the blessing. Spread it then,
And let it circulate through every vein.

 

Bankers are overprotected whilst being vultures, for not being held accountable for the mess they created (as it was not illegal), whilst at the same speed, junior doctors are reset with contracts that amounts to becoming an involuntary slave labour force. This to the degree that doctors are packing their cases and moving to Australia and other Commonwealth nations that will take them and with the shortage the world at large has, for them moving to Nassau and live by the beach with a small practice would be preferred to a city job with a mortgage they cannot pay off and working 60 hours a week. Jeremy Hunt dropped the ball. He did not do this intentionally. He was given a bad hand from the start, yet in all this instead of going on the same way, the NHS needed another direction entirely, that part was never really investigated.

For me, with whatever I have left?

If I had to go into healthcare, I would try for Radiologist position in Essex or something like that. I still have 15 years in me. For now, I have a nice idea for Google to grow their revenue by 3.5 billion dollars over the next 5 years, and gradually more after that and for £25M post taxation it is all theirs! For now, I am considering to do some teaching in Italy in the future. Teaching English in Catholic Public Schools near the Vatican. You see, this crazy merry go round we have in Europe now will collapse, there is no viable way to stop that at present as I personally see it. We must focus on what comes after. That part is now gaining visibility as we see the US President (read: Mr Lame Duck Obama) is quoted in Forbes “President Obama’s Implicit Message To Taxpayers: ‘I Own You’“. My response?

No, Mr President, you do not. You never did. Like a weakling you stopped taking taxation to a realistic level, you refused to do anything to stop greed. That part was clearly shown at the G-20 in 2013, three years ago. You might actually end up becoming the most useless president in the history of the United States of America

That would be my response!

When we look at Forbes (at http://www.forbes.com/sites/johntamny/2016/04/10/president-obamas-implicit-message-to-taxpayers-i-own-you), we see that the Obama treasury stopped one deal, one deal only. This is about a lot more than just that 212 billion dollar deal. You see, this is not about the Panama Papers, this is what they enabled. When we consider the Guardian (at http://www.theguardian.com/news/2016/may/06/panama-papers-us-launches-crackdown-on-international-tax-evasion), we see that same duckling state “the president will take executive action to close loopholes used by foreigners in the US and call on Congress to pass legislation“, how interesting that it is just about the foreigners, so how much is in Rothschild wealth management directly from foreigners and how much is arranged through American agents?

In addition we have “The Panama Papers underscore the importance of the efforts the United States has taken domestically, and the efforts we have undertaken with our international partners, to address these shared challenges”, which is an empty statement as I see it, because over the next 6 months too little will be done and it will be left to the next person in office. The final quote is “The problem is that a lot of this stuff is legal, not illegal”, which is something we already knew. Yet when we consider the change that could have been brought in 2013, he (read: the Democratic Administration in power) backed off, forcing a watered down version that was close to useless. This is the evidence I see as to the level of uselessness that the USA currently represents. Poverty levels are still at a high and in Europe that number is growing, this is the foundation that allows for the growth of what can be regarded as legal slavery. It is legal because it is governmentally arranged, it is slavery as the medical industry is pushed into a level of servitude of no-choice. In Europe, some are now claiming that the amount of people under the poverty line is now one out of four. That push is a great hammer for Jeremy Hunt to use to push for cheap contracts and ungodly working hours, but in the end, when doctors stop working, there is no NHS to continue to cure people (source: http://www.euractiv.com/section/social-europe-jobs/news/eurostat-one-out-of-four-eu-citizens-at-risk-of-poverty/).

There is no clear solution, but another path needs to be taken. The push from NHS and the deal that people get through what I call ‘deceptive insurances‘ and ‘skewed medicinal solutions‘ is changing the game. It now reflects back towards the change I was willing to make. What if we make hospitals self-sufficient? What if we take the insurance out of the equation and push for a self-sustaining level of hospitals on local foundations? You might think that the given logic forces us to look at Behemoths like the NHS and large medical corporations. I am stating that it is my belief that the medical gravy train is losing too much cargo on route. So it is our need to have a neutral solution. When medical suppliers start pushing on ‘how it will be too expensive that way‘, the people will have to push back. So that means that the UK hospitals start getting supplies from other sources, independent and possibly even non-UK sources. How long until greed driven corporations cave? They only need to fail 2 quarters of forecasting and THEIR nightmare begins! Trust me when I state that a merger making the board of directors over 200 billion means that their margins were really really good and via Ireland they were only getting better.

That is the issue and solving that is a first step in solving the slavery riddle, which is not a riddle, it is a mere puzzle that can and should be solved.

 

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European Exodus Community

There is a reality that people seem to miss. There is a reality that the people at large have been ignoring for far too long. Big business had been until early this year trivialising the entire Brexit issue. Some started the catchphrase ‘Bremain’, but that went out of fashion fast. At some point, in October 2015 something expected happened. An American opened his mount (in this case Trade representative Michael Froman), which gave the Britons “If you leave EU you face barriers to trading with America“, Is that really so? In my view, if the Democratic Party does not get its A-game in place, many will not want to be in trade with a nation that cannot pay its bill anyway. You see, if Brexit becomes a reality, the Euro will take a sizeable dive, which will also hurt the US Dollar. More important, as the US has not been able to keep any kind of control on their budgeting, the US issue would take additional tumbles. Consider that the US exports $57 billion to the UK, should one direction fall away, than so does the other direction, you see pharmaceuticals can come from India, Vehicles can come from Japan and Medical Technical equipment can come from places like the Netherlands (to some extent). We are looking at an easy 12 billion going somewhere else. So that part is not a given, yes, UK export might have a few hitches, yet when other players are found for at least 20 billion in goods, new arrangements will be an option (very fast), not so much for the US of A.

Yet, I get it. The USA is afraid, very afraid because of what the Euro changes will bring and their fear is escalating. This we get from Euractiv (at https://www.euractiv.com/section/uk-europe/news/majority-of-french-back-holding-frexit-referendum/), who is now proclaiming that “53% of French surveyed would like to hold a referendum on their country’s continued EU membership“, an issue I saw coming a long time ago. i was the first one keeping my eye on this, and even as Hollande and Sarkozy are trying to make other ‘arrangements’ they now realise that non-compliance with the French voters will mean that the bulk will demand Marine Le Pen be elected, another prediction I saw coming. More important, should Brexit be averted, than Frexit still remains a real risk. It implies that American will almost be forced to send their own Al Jolson European Tour 2016-2017, yet unlike Al Jolson, this tour will not be a sell-out success, it will be seen as a painful reminder of America not cleaning ‘house’ in the 2004-2009 era. An era that brought many nations to the edge of despair. Now we see the Obama administration trying the option of Al Jolson singing ‘can I have a little more please‘, an idea many Europeans will regard as offensive. The changes will give additional worry. From one perspective, if the dollar collapses, export from America should go through the roof, but the overly mismanaged economy gives a clear clarion call that the funds to cate to this need would end up being insufficient. The latter part is my own speculation, I have no hard numbers supporting that part. From all the export, one in eight is about machinery. This seems to be a solid one, especially from the excellence in the past, yet in all this we in equal measure ignore that the US is not the only place to get this stuff, so if a part will move to an Asian provider, American wealth numbers will take a sharp dive, all that because Michael Froman seemed to have forgotten that they are not the only player in town.

Yet I digress!

There is now the realistic concern that a European Exodus could hit the community, a real danger, which also means that certain borders will come into a different play. This will impact the USA as well as Europe. Yet instead of a clear summary, the press seems to be throwing too much in the air with emotional plays from both sides of that isle which I consider to be not so productive. We see not so helpful articles by Jane McConnell on ‘why Brexit would be apocalyptic for the games industry‘ with quotes like “British gaming receives a wealth of talent and funding as a result of being in the EU“, which is a joke to say the least. When we see PC Gamer giving us info regarding Ubisoft Montreal “but it was built primarily on the strength of Quebec’s generous subsidies and tax breaks, and with a newly-elected government facing serious debt problems, those breaks are being cut back. That has CEO Yannis Mallat taking another look at the studio’s long-term future“, so that billion Euro firm in France is ‘surviving’ due to tax breaks. (at http://www.pcgamer.com/ubisoft-ceo-ponders-reductions-to-quebec-tax-breaks/). Now, remember that this article is 2 years old. So basically in the time that Ubisoft created mere mediocrity in gaming. In all that time only the recently released ‘the Division‘ seems to be up to critical scrap. So how about not catering to tax breaks? The final argument “and thanks to the EU working time directive, we are guaranteed 20 days a year of paid annual leave, offering us all us all at least one day we can happily set aside for binge playing. That’s worth remembering“, how interesting that she relies on that part, not on the part of government accountability which is actually driving people away. In addition, remember Markus Persson, simple small software firm in Sweden? It made over 2 billion in the end (from Minecraft). So, let’s not cater to mediocrity! The same issue can be stated for Hello Games. It is about the reset the bar for gaming quality, both small firms, just the two visible in a group of dozens. These tax breaks are there for the small players, but they have been overwhelmingly used by large players to not dig into the ‘quality setting’ frontiers they should have been in.

I feel personally decently certain that Brexit is becoming a reality. If the press would focus on truth and fact, not on emotion to sway the people, there would be a certainty that Brexit will be. It will drive Frexit too. The EEC will become a near death-trap for the last one in, which means that Italy will not be in a happy place between 2017 and 2018. I expect it will drive the membership numbers of Lega Nord with Matteo Salvini, I cannot tell how strong, because I know too little of the other Italian players. Yet in all this, certain other players are rearing its ugly head. You see, when we go back to November 2015 we see a paper by Natixis (at http://cib.natixis.com/flushdoc.aspx?id=88106), there we see “In the worst case scenario, the United Kingdom leaves the EU and does not join the European Free Trade Association; there would then be custom tariffs between the United Kingdom and the EU, but given the size of the trade flows, the impact on the economies would be limited. The United Kingdom has a very small industry and its exports of services, which are very specialised, would probably not be too severely affected“, this is the view I also ‘synched’ to. Basically, the bad sides of the EU towards the UK are massively larger than the good sides. The Natixis paper by Patrick Artus might not be complete, but it gives the goods that matter, from that point of view.

You see, the short-sighted users of a spreadsheet forgot the drive that Brexit could have, the view I predicted already in 2014. In addition, the growth and danger that right parties all over Europe became, fuelling one another is a side I did not see coming either. In addition to that view, we saw in November that Wolf Richter, Wolf Street in Business insider had “A Brexit would be ‘a non-event’“. I wonder where that came from. Oh no, I need not wonder because they mention Natixis and quote the relevant parts.

So what changed?

Well, the part I foresaw and everyone ignored is that Frexit is slowly becoming a reality. Now we have ourselves a lot more than a mere horserace, because this is what Natixis can’t use. It is in massive parts a French conglomerate, not a global one. In that regard Frexit will impact on Natixis as a whole. In this I mean that Natixis will see its profit margins decrease by a fair bit (we are talking a game of billions here), whilst in equal part limit certain economic movements and options. That makes it a different event. And the less we say about the impact on the US the better. Ah, here I am wrong!

You see, Lieutenant general Frederick Benjamin Hodges gives us the following last Tuesday (at http://www.reuters.com/article/us-britain-eu-usa-idUSKCN0WH0QJ), we get ‘Brexit would weaken NATO versus Russia‘, which is not entirely correct, is it Freddie? It is not a lie either! The mess seems complicated but it is not. We can agree that the General is under orders here. I reckon massively from his Commander in Chief who dropped the ball several times and is sending the General out into an economic field that is not ‘his’ theatre of war. Here is the part that is unwritten (not by me), whilst everyone was looking at Lehman Brothers and other Wall Street players, they all forgot about Natixis, who has a wealth portfolio that delivers an annual return that outranks more than just a few EU nations. When that limits and dwindles many players will panic, because the survival of some is now depending on continuity. Something that behind the screens of Brexit and Frexit comes to terms. With Brexit there was enough time to make adjustments, with Frexit that time will not be there, apart from the fact that it will force Germany to take a different course (one that is expected, but cannot be predicted). In all this that is only one element. The General is right that NATO will weaken, what is not given is that it will change the expenditure that some nations are making, which will directly hit Raytheon, Northrop Grumman, Boeing and Lockheed Martin, which will now be a sizeable dent in the American economy too. Apart from a collapsing Euro, America will get hit by a double whammy, that part is not given (it is ignored by too many), not shown and not elaborated on. It is how expenditure changes. NATO existed since long before the Euro was a reality, but as those evolutions were taken, by lowering defence spending on a national level in Europe, we see that this ignored cluster will have serious consequences, very much so for the American military hardware industry.

Can I be wrong?

That is what matter, for me as much as for you the reader. We will be depending on two elements, Is Brexit a reality in the first and will it force Frexit in the second. The first is less up in the air, but not a given, in the second, when Brexit happens, Frexit will be a certainty. Even if Brexit does not happen now, the French are worried and they do not want to be the last in the row of decision makers as Italy currently is, the fact that 53% want this referendum is worrying to many players (except for Marine Le Pen). Both Francois Hollande and Nicolas Sarkozy cannot ignore the cries of the French, if they do, they will feel the discomfort that Marie Antoinette had on October 16th 1793 (well, one can fantasize, can one not?), because France is for the French (as they see it), not for the Americans. They will come down hard on their government, which is playing perfectly into the hands of Marine Le Pen. No matter what happens, with or without Brexit. Germany cannot sustain the environment without the other three players, which places the UK now in a tactical predicament. Relying on France to keep cool, this is what drives Brexit to additional momentum.

So all this will drive the European Exodus Community, to some extent people, because national business needs the motivated people to get businesses working and moving forward, but for the most it will be about small businesses in a national setting. Those who adapt fast will grow. Larger corporations will feel the disastrous drag of not changing gears, of not adapting to the new environment, mainly because those head offices (many in America and Asia) will not comprehend the old systems that drove them and the changes required to make them. Those depending on decision makers will find that delays will cost increasingly until (often enough) the decision has been made too late. Rowing against the current will be a new slogan that larger players will have to deal with, driving their talents to smaller places where speed is available. This exodus environment will hit in many places, in many layers on several fronts. A front where only the adjusted will make headway. I wonder whether 2018 will be the year of culling the corporate herd. It is too soon to tell, but it will for the most depend on the brethren Brexit and Frexit both leaving this rocky boat called EEC!

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Comprehension

At times, I am at a loss. This is one of those times, and it started as I was confronted with the article ‘Treat surrogate parents as sex offenders, says Italian minister’ (at http://www.theguardian.com/world/2016/jan/06/treat-surrogates-sex-offenders-italian-minister-angelino-alfano). You see, here I have two levels of confusion.

Let me explain. The first level involves the women that do this. I do not mean this in any negative way! I get it when it is family, but even then, there is part of me that does not quite grasps it. There is nothing as noble as ‘to give thine own body’. You see, no matter how noble it is, I could never fathom a surrogate mother, not her way or her intent, but the fact that once the baby was born that she would have the strength to part with it. We see and read on how teenage girls offer children up for adoption, mainly because they were not ready and they are unable to care for the child and the child might end up having a much better life. In those instances we try to be understanding, but we all realise that this could eat away at the soul of the young woman who did this. There have been many books and many movies, yet the reality is that only that mother can truly state and express what it felt like.

I think it would not be a pretty picture.

So in that light, understanding that a surrogate mother might actually be capable of raising that child, the willingness to part with it is incomprehensible to me, and I need not comprehend. In all this, I never looked negative against the woman who made that choice. So when I read ‘Angelino Alfano says ‘wombs for rent’ should be punishable with prison, as he suggests new laws will make it easier for gay couples to use surrogate mothers‘, I wonder what kind of an idiot Angelino Alfano actually is. Is he just anti-gay, is he anti-surrogate? From what I read I feel certain that he is anti-intelligent!

Now we get to the religious part, because Italy is all about Catholics. At times I think that Italy is all about Catholics, food and adultery, but we get to that soon enough. So, you’ll see some scriptures, but again, reasoning later.

So Angelino Alfano, answer me this, of all your friends who committed adultery, Leviticus 20:10 “If any man commit adultery with the wife of another, and defile his neighbour’ s wife, let them be put to death, both the adulterer and the adulteress“, so how many of those ‘friends’ did you put to death? Or perhaps we should take a look at his actions as stated by the Financial Times on October 2nd 2013 (at http://www.ft.com/cms/s/0/a142b3a8-2b46-11e3-a1b7-00144feab7de.html#axzz3wXhbQy5b), where we see: “the young Sicilian lawyer has been compared to Judas Iscariot in leading a betrayal of his long-time mentor“. Interesting, so who was that Judas Iscariot person? I wonder if there was a punishment for treason, so in all that, it should be clear that  Angelino Alfano should not be making too many statements for a few reasons (read: I will not remove his freedom of speech, just request he keeps a centre of discretion with all his alleged transgressions).

Now, for the other side.

In the Epistle Of Saint Paul To The Philippians 2:3 we see “Let nothing be done through contention, neither by vain glory: but in humility, let each esteem others better than themselves“, it seems that the happiness for the others is taken in much higher regard. In following there is Timothy 1, where at 6:18 we see “To do good, to be rich in good works, to give easily, to communicate to others,” and finally in Corinthians 10:23-24 we see: “All things are lawful for me, but all things do not edify. Let no man seek his own, but that which is another’s

At face value women who did this have done a Samaritan act of sacrifice and goodness against their nature but not an unnatural one. In a tale of two villages where a storm destroys the bakery of one, should the other baker not make available the oven so that the other village will not perish? Is that such a far stretch? So in that same light should a man of such hypocritical disposition not be shunned for his words and actions? When we read “Treating couples who use surrogate mothers as sex criminals, as Alfano suggested, would entail harsh penalties“, you see the subtext ‘couples who use surrogate mothers‘ is part of this and he seems to be driven to label this as ‘forms of human sexual behaviour that are crimes‘, are they? You see, legally speaking, the intent was given as ‘who use‘, yet this is not the case, the surrogate mother volunteered, which is not the same, she offered and was not used. This now gives us the path he might try to walk which is ‘Treating surrogate mothers who volunteer assistance to same sex couples as sex criminals‘. It seems to get a little dicey now, doesn’t it! As any Samaritan act of good intent is usually not prosecutable. So what started this?

You see, surrogacy is illegal in Italy and that, even if some would considered it to be ‘the act of a non-enlightened nation‘, it is the legal premise that Italy is allowed to make, so when Angelino Alfano comes with the quote “We want ‘wombs for rent’ to become a universal crime. And that it is punished with prison. Just as happens for sexual crimes”, we should all question what is in his mind, perhaps it is the voice of some obscure cleric from Sicily (his origins) who has a massive anti-gay agenda. Perhaps this is not about any of that! Remember the Financial Times part? That is a while ago, but his position is nowhere stable, in addition, in Politico we see “Last month, Angelino Alfano, Italy’s interior minister, described as a “symbol of victory” a plane carrying 19 young Eritreans from Ciampino airport in Rome to Luleå in Sweden. Italy, he said, would send an additional 100 people “in the next few days”” (at http://www.politico.eu/article/why-eu-refugee-relocation-policy-has-been-a-flop-frontex-easo-med/), the UNHCR reveals that on December 31st 2015 153,600 refugees had arrived in Italy, 97,584 on Angelino’s island of Sicily (read: 63.53125% roughly). So is this really about the surrogacy issue, or is he just making waves especially as he heralded a new home for 19 of those refugees (aka 0.000012369%) with the additional 100, meaning he got a solution for 0.000077473%, yes we can all see where the importance of Angelino Alfano is. It is in the smallest of margins where we see his actions, so as I read this, I am not convinced it is his ‘anti’ approach in all this, it is his need for visibility as I see it and he is not doing it in the most intelligent way imaginable.

Instead of an actual effort to solve the logistics of the refugee tsunami that hits Italy and his island Sicily, we see a surrogacy and an anti-gay tainted pass ono a group that can find a sheltered solution outside of Italy, so instead of solving the problems Italy does have (aside of the 2,230,198,602,275 € debt Italy has at present), we see another politician waste time, space and energy on a topic that is not his to solve and one that has absolutely no solving value for Italy at all.

In all this I feel decently certain that even the Bishop of Rome would side with me that although it is a discussion worthy of the Cardinals Conclave, these women might be beautified for their divine compassion 100% sooner than Angelino Alfano ever will.

Now for me, I have always been leaning towards man-made or positive laws. I feel that the interpretation is important and that we do not always have the wisdom to properly interpret, which is why I have always been a fan of Dr BJ McEniery’s article ‘Physicality in Australian patent law’, which was published in the Deakin Law Review. You see Intellectual property has always been under powerful evolutions, yet the fact that long ago there was a clear understanding that physicality was something that would evolve and the law had no way off seeing how and towards what is always in the back of my mind. Ignoring Natural law is therefore equally stupid. As a Catholic I tend to be more Christian than Catholic, where it is important to see and weigh the intent on the person, so even as I do not rule out the less Samaritan paths a surrogate mother could be on, the powerful drive within any mother would counter this strongly whenever possible, which gets me to the positivity of their act against the trivial and self-righteous mindset of Angelino Alfano and on that scale he does not fare well.

So even if you disagree with my choices of bible passages, there is almost no way where you can consider in favour of the trivial path Mr Alfano is on. I would hope that his holiness the Bishop of Rome would sooner rather than later (as well as several members of the curie) would consider speaking out that the need to solve the suffering of 153,600 refugees take a massive priority over the possible issue that a handful of surrogate mothers might bring, especially when they are openly and voluntarily offering their Samaritan womb on this. So if Angelino Alfano ever (in a legal Samaritan way) rescues the plight of 1536 refugees (aka 1%), only then if any energy is left should he look at small and insignificant issues. but by that time his political reign has ended and the press will not have any time for him as they will be wanting to hear from the next elected official.

There are many issues that plague Europe, some we might never fix, some we can possibly fix and some can be fixed, do we really need to look at issues that do not presently require fixing?

I will let you be the judge of that, but for those who do have a Christian background they still adhere to remember the Gospel According to Saint Matthew (7:1) “Judge not, that you may not be judged, for with what judgment you judge, you shall be judged: and with what measure you mete, it shall be measured to you again“, which is good advice, advice that might be a little too late for Angelino Alfano if we are to believe the Divine Comedy. For was it not Antenora where the transgressors of treason of party and nations ended up, to be frozen in ice up to the neck? Now, let’s be fair, Mr Alfano is no Count Ugolino della Gherardesca, yet as we see the credits he heralds in whilst Italy remains in dire need and he voices his view to a ‘universal solution’ where Italy has no problem, where is his actual allegiance and as such is that not utterly detestable? Yes it is, which does not make it treason or treacherous, yet as Italian Minister of the Interior, his responsibility is for internal security and the protection of the constitutional order. As such he can prosecute surrogacy within Italy, yet it does not mean that it is his job to waste time for the change of a ‘universal solution’, especially as surrogate mothers are in no way an internal security issue, yet the 153,481 (if he ever got the additional 100 towards refugees towards Sweden) might be. As I see it, the refugee logistics fall squarely in his lap, an issue he does not seem to be addressing, which we should regard as a failed level of comprehension on his side.

 

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United we classify others

Two articles hit me a few days ago. One of them was an article describing a survey by the Reputation Institute. The news article titled ‘Tel Aviv ranked among least reputable cities‘. The article was found at http://www.timesofisrael.com/tel-aviv-ranked-among-least-reputable-cities/. This was an issue for me, because I have been to Tel Aviv. Why would it not be reputable, or at least one of the more reputable cities. In all that I wonder, because the top 600 cities (by population) are larger than Tel Aviv with its 425,000 people. So coming in at 92 whilst 600 are larger is still a good achievement. What puzzles me in all this is the part ‘least reputable cities‘. What makes a city reputable? I did not see the research or the questionnaire, but when we see “the Reputation Institute, asked 19,000 residents of France, Germany, Italy, the UK, Japan, the US, Canada and Russia to rank the world’s top 101 cities based on their levels of trust, esteem, admiration and respect“.

Trust, “In a social context, trust has several connotations“, which is nice yet did the interviewees realise that? The paper (at http://misrc.umn.edu/workingpapers/fullpapers/1996/9604_040100.pdf) gives a nice view on how trust is not an easy thing to tackle. at Page 43 we read “one can develop a good relationship with another person by gradually increasing Trusting behaviour, while at the same time decreasing any minor control measures directed at the other person. Decreasing controls includes less ‘checking up’ on the other person. It also includes moving from a formal relationship to a more personal, informal relationship

Which is nice when we consider that Russia, land of GRU and FSB gives way to ‘decreasing any minor control measures directed at the other person’, so do the interviewees from Russia consider trust the way a person from Sweden, the Netherlands or even Uruguay does? I can go on for the other nations, but in all, many have a feeling towards Israel, their view is biased from day one. Plenty with an anti-Israeli view, some with an anti-Jewish view, the probability of a mean will not apply here.

Then we get ‘esteem’, are they looking upon Tel Aviv in a particular way? Are they confusing esteem with ‘self-esteem’? All questions that go through my mind. We could state that Bagdad in last position is validly there, but over what level of reasoning? Because it is in a warzone?

Yet, do my thoughts invalidate the results? The paper as shown does give a solid foundation, the methodology sounds sound. In that I state ‘sounding sound’ is not entirely on the ball. You see, the heart of the respondent, how does that come in? The study overview states “G8 general public (only people who were ‘somewhat’ or ‘very’ familiar)” Yet what makes you somewhat or very familiar? How many Non-Jewish people who have been to Tel Aviv answered this? How many know this place. I was there, and I felt safer there than in Budapest (and Budapest is a decent and safe city). Tel Aviv scored less than Johannesburg, Hanoi, even Cape Town, known for its high crime ended up with a score better than Tel Aviv.

So what gives value to this report? This is not the setting of my view, it is a question. The question exists in my mind because if we give reputation and value to a place we must know and agree to the standards given here. That is the question that should be on your mind too. Now, you might not care about Tel Aviv for many reasons. The bulk of us will never visit the city, visit the country or end up anywhere near it. So how do we give value to a place, even when we are somewhat familiar? Yet there is more than just the result as given in the Times of Israel. Slide 22 when you get the 2015 reputation report (at http://www.reputationinstitute.com/), shows a very interesting part. Familiarity versus Reputation. So how about the places with low familiarity? How come their reputation is so high? Is it the media, because there again we see that Tel Aviv gets in the news when there are rocket attacks and terrorist issues towards Israel, so how can we consider reliability in this report? Beware my words, I am not stating that the methodology is in question, I am wondering how the validity of vision from the interviewee is correct. In a similar way, we can understand that Baghdad is graded poorly, but why is Tehran graded so bad, it is because of our impression of Iran? In that same context we might understand why Sydney, Stockholm and Melbourne are graded so high, yet in all this, what makes Zurich more reputable than Amsterdam or Oslo, perhaps because FIFA is placed there? With the FIFA news Zurich got a lot of visibility, but is that visibility correctly graded in the mind of the beholder? The issue here is the colouring by the media, that influence cannot be countered, which is why I think that Tel Aviv got placed so badly (in this 101 list). Behind all this is a bigger issue. It is the one reason why I object to some of these studies.

In my personal view this list caters to presentations and to some who need to see a national interest, it also places my own view in debate (as it should), not because my view is too shallow, but as we go through the iterations of reasoning behind this as we see in slide 24. The Advanced Economy gives view to the question ‘why is an advanced economy part of reputation or familiarity?‘ This connect on more than one level, which got me to ‘The Economics of Developing Countries‘, what makes for an Advanced Economy? In that view Peru, Chile and Uruguay are not amongst them, so with close to 1/3 of the measurement absent, in that case, how come Montevideo scored so high in that list? If it is the state of peace, we see something a lot more linking, Tel Aviv, Karachi and Abu Dhabi together, a pattern seems to emerge. In that view we must wonder as Tel Aviv is not in war, but under near constant attack. Now when we add Rio to all this, we see another pattern emerge, those not relying on ‘stability of peace’ we see the need for positive reinforced publications, Rio is certainly getting that. In all this we do not question the reputation institute or their methodology, it is all about the people giving their vote. It is that view which gives voice to my worry. Slide 24 is descriptive in all this. ‘Appealing environment’ is one, which give the view to ‘non war torn places’, Effective government is the second one. Yet, why is ‘effective’ government part of all this? You see, in my view, the most effective government is a corrupt one, a humane based government (like Norway and Sweden) tends to be expensive and not that effective. Perhaps effective government and humane government are terms that are interchangeable? I am just asking. In all this we see the four earlier words at the core of this. ‘Trust’, ‘Admire’, ‘Esteem’ and ‘Feeling’, so how does this all link?

Slide 25 gives us ‘Social, Economic & Environmental Policies’ in regard to ‘Effective Government’, are they for real? Environmental policies can be made more effective, but they do not, I say again absolutely not make for an effective government. In addition when an Advanced Economy relies on ‘Financially Stable & Future Growth’ we can state that Wall Street took care of that not happening in the last decade and in addition not for many more years to come, so when we acknowledge that the elements of attributes are an issue, does that not add question marks to the stated foundation of this report? In all this the summary from page 28 onwards makes sense. I do not disagree, I do not oppose it, but in all this, it is a view brought to us on the premise of a flawed view, the influenced view of the interviewee, that part is missing, which gives the question mark within me. This gets me to slide 34, a good reputation might influx tourism, yet in all this, the tainting influence of media becomes a colouring issue, discriminatory and revoking as we ignore or forget that perception is tainting and the press factor seems to be uncorrected for. So how is that not an issue in all this, or at least a non-correcting influence? This all gets me to the final part “living or working in the city, or deciding to invest in the city” might be deciding factors for anyone when the reputation is an issue, but on what foundation? Still overall the report remains an interesting piece of work, the supportive behaviour slide gives fuel to that.

My views do come to fruition in slide 40 where we see the two quotes “Communication is required to capitalize on good reality and overcome poor perceptions” and “Change is required to alter ‘reality’ and minimize reputational risk“. In my mind, this states that opportunity and risk are influential factors that can be pressed on by the media, the media sets perception and alters reality in a hundred ways, so does this paper show true reputation, or does this show how the media is too large a factor to ignore and in all this a place like Tel Aviv got introduced to the less reputable score than they should have gotten? The question is how we see a true score on reputation and perhaps that list is not completely incorrect, but in my personal view, the idea that Bangkok is more reputable than Tel Aviv remains an issue, one of perception and I have actually been to both places.

 

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