Tag Archives: UK

February 19, 2019 · 11:59

Gangsters of tomorrow?

I was alerted to an article regarding ‘Facebook labelled ‘digital gangsters’ by report on fake news‘ on LinkedIn. The article (at https://www.theguardian.com/technology/2019/feb/18/facebook-fake-news-investigation-report-regulation-privacy-law-dcms) is an interesting read, but there are issues (they always are). First of all Facebook is not innocent, Facebook has bungled a few items and they have done so several times, we have all seen that. Yet the report (at https://publications.parliament.uk/pa/cm201719/cmselect/cmcumeds/1791/1791.pdf) has a few issues too and it starts in the summary. It starts with “We have always experienced propaganda and politically-aligned bias, which purports to be news, but this activity has taken on new forms and has been hugely magnified by information technology and the ubiquity of social media. In this environment, people are able to accept and give credence to information that reinforces their views, no matter how distorted or inaccurate, while dismissing content with which they do not agree as ‘fake news’. This has a polarising effect and reduces the common ground on which reasoned debate, based on objective facts, can take place“, the issues here are:

  1. Magnified by information technology and the ubiquity of social media.
  2. People are able to accept and give credence to information that reinforces their views.
  3. Dismissing content with which they do not agree as ‘fake news’.
  4. Reduces the common ground on which reasoned debate, based on objective facts, can take place.

First of all, these are not lies, they are correct as elements. Yet we need to take another look at these issues. In the first the common side of social media is the part that makes all people talk to one another, even as we agree that when it comes to the display of news people do not really tend to talk, they often merely voice an opinion or a thought. Having an actual conversation in mobile distance based events is as rare of finding a £10 in the jeans you just took out of the washing machine. The second is obvious, it always has been so even before the age of social media, and the difference is that they now voice it to thousands of people at the same time, exposing millions of people to millions of voiced views. When it comes to item three, try to find an accepted labour idea in a conservative house of commons and vice versa, debunking each other’s views is a state of active mind and the non-elected get to have a lot more attention than the elected one (a weird logical truth), it has been the clear path of exposure since even before WW2, the fact that the loudest voice gets the room is not new, it is merely the fact that we get to hear twenty thousand loud mouthing opinions. It is number 4 that is the one issue that gives additional rise to the first three. When I search ‘News’ in Facebook I get the BBC, Nine News, ABC News, News.com.au, and several more. Yet the issue is not that they are there, it is what they state is very much the issue and the report is seemingly interestingly ignoring that part.

For News.com.au I get ‘Kate Ritchie smokin’ undies shoot‘ linking to: ‘Nova radio host Kate Ritchie stars in sexy underwear campaign‘, ‘Woolworths to axe $1-a-litre fresh milk but Coles refusing to follow’, and ‘Sailor from World War II kissing photo dies at age 95’, so as ‘news value’ goes, the value of news is very much a discussion a well, these organisation use social media to the max as to increase exposure to self, which is what it is supposed to do, the committee seems to have forgotten that part. The BBC is all about news, even as ’50 Cent: Claims police told to ‘shoot’ rapper investigated’ stands out a bit (it is still news). 9 News gets the attention with: “Human remains have been found during the search for a woman who went missing more than 300km away, with two people in custody over her suspicious disappearance“, it is all about the clicks as the article (on their site) gives us from the beginning “Human remains have been found in Victoria’s east“, the news themselves are exploiting social media to improve circulation (clicks are everything), yet that part is missing in all this. When it comes to ‘fake news’ the media is equally to blame, yet that part was clearly missed by the committee.

And as we see the news “There’s nothing new about personalised number plates, but soon drivers will be able to go a step further and add emojis!“, all this 2 hours ago whilst,

  • ‘Hamas enlists female participation in border riots‘
  • ‘London social housing block residents warn of ‘death trap’ conditions‘
  • ‘Terror expert warns Sweden against repatriating Syria jihadists‘

They are merely three out of a whole range of news items that do not make it to social media. The issue of ‘the common ground on which reasoned debate‘ requires a much wider base and the media is not using social media for that, it makes the media equally to blame, a part that has not been put under the spotlight either. The media uses social media as it is supposed to be used and it seems that the committee is a little too much in the dark there.

On page 10 we get: “In our Interim Report, we disregarded the term ‘fake news’ as it had “taken on a variety of meanings, including a description of any statement that is not liked or agreed with by the reader” and instead recommended the terms ‘misinformation’ and ‘disinformation’. With those terms come “clear guidelines for companies, organisations and the Government to follow” linked with “a shared consistency of meaning across the platforms, which can be used as the basis of regulation and enforcement”.” You see ‘fake news’ is at the heart of the matter and when we see ‘disregarded’, as well as ‘a variety of meanings’ we get the first part that this is about slamming Facebook (always entertaining mind you), yet the media is at the heart of the matter and they too need to be held to account in all this. It is enhanced by statement 16 on the next page: “proliferation of online harms is made more dangerous by focussing specific messages on individuals as a result of ‘micro-targeted messaging’“, it sounds nice until you realise that the media themselves are doing this too, so the overall view gets to be skewed by the media from the start. So consider ‘Start-up founder says employees should only work six-hour days’, whilst in the text we see (amongst more) “Next, we should cut down or get rid of tasks that “don’t add value” such as slashing wasteful meetings in half and switching off distracting notifications. For process-oriented jobs, Mr Glaveski said it was a good idea to automate where possible, and where it wasn’t, the option of outsourcing should be explored“, which largely impedes the existence of places like IBM, Microsoft, and a few other large players. Yet the idea is concept based and the optional loss of 25% income is not expressed as to the stage of who can afford to continue on that premise.

In all this, the media has its own need for ‘micro-targeted messaging’, where that ends is not a given and that part does not matter,  it does matter that the message micro and macro is enhanced by the media themselves, yet where is their part mentioned in all that?

When the reports finally makes it to Data use and Data targeting we get: “We have instigated criminal proceedings and referred issues to other regulators and law enforcement agencies as appropriate. And, where we have found no evidence of illegality, we have shared those findings openly. Our investigation uncovered significant issues, negligence and contraventions of the law“, which we wold expect, yet in light of the larger issue where we see: “the use of data analytics for political purposes, which started in May 2017. It states that it “had little idea of what was to come. Eighteen months later, multiple jurisdictions are struggling to retain fundamental democratic principles in the fact of opaque digital technologies”“, I taught it 20 years ago, although not in a political setting, yet the use of data analysis was used in political fields as early as the mid 80’s, so the confusion is a little weird, especially when the footnote linked to the report (at https://ico.org.uk/media/action-weve-taken/2260271/investigation-into-the-use-of-data-analytics-in-political-campaigns-final-20181105.pdf) gives us on page 8: “Particular concerns include the purchasing of marketing lists and lifestyle information from data brokers without sufficient due diligence, a lack of fair processing and the use of third party data analytics companies, with insufficient checks around consent“, the issue not given is that marketing lists have been available for 20 years, laws had the option of being adjusted for well over 15 years, yet the players only realised too late (some never did) how affordable Facebook and other social media players made this route towards creating awareness, as well as using media to adjust a person’s view became a cheap solution for political players that had little or no budget. The paths were there for well over a decade and nothing was done, now Facebook is lashed at whilst the lists of Dunnhumby and like-minded owners (Dutch Airmiles) and several others are ignored to a larger degree, a path that has been open to adjustment for decades. The law could have been adjusted, but no one bothered, now we see the impact and the lashing out at Facebook, whilst the players were clueless to the largest extent, the 2015 evidence seen as we see: ‘dunnhumby: how Tesco destroyed £1.3bn of value in 9 months‘, the initial moment already showed the failing of insight (as I saw the entire Tesco disaster unfold when it happened in 2015), and with:

In haste to ready Dunnhumby for sale, Tesco made two critical errors that left the company unsellable:

First, Tesco terminated its 50/50 joint venture with Kroger, instead restructuring in such a way that Kroger bought out Tesco and formed a new wholly-owned data company called 84.51°. In this new arrangement, Dunnhumby USA retained its other clients and was now free to pursue new business with Kroger competitors, but no lost its access to Kroger’s customer data.

Second, Tesco capped the length of time that Dunnhumby would have exclusive rights to use the data from the 16 million Tesco Clubcard users. As outlined above, Dunnhumby relies on this data not only to derive profits from its partnership with Tesco but also from reselling this data to the manufacturers.

(source: https://digit.hbs.org/submission/dunnhumby-how-tesco-destroyed-1-3bn-of-value-in-9-months/) we see just how clueless the larger players have been and there are additional questions that this committee should be able to answer, yet they cannot and as you can read they decided not to address any of it.

Its members:

  • Damian Collins MP (Conservative, Folkestone and Hythe) (Chair)
  • Clive Efford MP (Labour, Eltham)
  • Julie Elliott MP (Labour, Sunderland Central)
  • Paul Farrelly MP (Labour, Newcastle-under-Lyme)
  • Simon Hart MP (Conservative, Carmarthen West and South Pembrokeshire)
  • Julian Knight MP (Conservative, Solihull)
  • Ian C. Lucas MP (Labour, Wrexham)
  • Brendan O’Hara MP (Scottish National Party, Argyll and Bute)
  • Rebecca Pow MP (Conservative, Taunton Deane)
  • Jo Stevens MP (Labour, Cardiff Central)
  • Giles Watling MP (Conservative, Clacton)

They should also be held to a much higher account, as I personally see this situation. Not that they have done anything wrong officially. Yet the consideration that we see on page 87 where we are treated to: “As we wrote in our Interim Report, digital literacy should be a fourth pillar of education, alongside reading, writing and maths. In its response, the Government did not comment on our recommendation of a social media company levy, to be used, in part, to finance a comprehensive educational framework“, the fact that digital literacy is missing on a global scale is a much larger concern, one that political players on both sides of the isle in the House of Commons seem to have been ignoring to the largest extent. It should be part of primary school education nowadays, yet it is not.

We see supporting evidence in the ‘Impact of social media and screen-use on young people’s health‘ publication. When we read: “In 2017, however, the Children’s Commissioner for England, Anne Longfield, reported that children were “not being equipped with adequate skills to negotiate their lives online” and that they needed help from adults to “develop resilience and the ability to interact critically with the world”“, we see one part, it comes from oral evidence Q566, which gives us the question by Stephen Metcalfe ‘There is a lot of emphasis on preparing children and young people for a digital life—on making them digitally literate. What do you think digital literacy actually means? What are the boundaries? What should we be teaching them, and at what age should we start?‘, the response is “A report I put out earlier this year, “Life in Likes,” which dealt with eight to 12-year-olds, focused heavily on emotional literacy. Schools seem to have done a decent job in looking at safety online. Children will now tell you that you should not put out a photograph of you wearing your uniform. People go to great lengths to trace you. Safety within school has really progressed, but the emotional resilience to be able to deal with it is not there yet. The key age for me is about year six and year seven. Beyond that, it is to do with the mechanics: how it works and algorithms. You do get targeted with stuff. It is not just everyone getting this. There are things coming your way because the machine is set up to work out what interests you. There are things around terms and conditions and knowing what you are signing up to. We did a big piece of work last year with lawyers that reduced and simplified terms and conditions from 17 pages to one. Of course, when people read it and it says, “We own all your stuff and we’ll do what we like with it,” it gets a different response. That is probably not the thing that will make us all turn off, but it might make us think twice about what we are doing.” Longfield gives us a good, yet in this case incorrect (read; incomplete) answer.

From my point of view through the abilities within Facebook we forget that ‘There are things coming your way because the machine is set up to work out what interests you‘, yet the numbers do not add up, you see the bigger issue behind it is that people can buy likes and some do, so the person clicks on something that has 50,000 likes, yet if they knew that 45,000 likes were bought they might not have clicked on it. It becomes the consideration of likes versus engagement. That elementary lack is important. Engagement is everything and in the consideration of item 4 earlier where we saw ‘reasoned debate, based on objective facts‘, we might seem to think that clicks are an objective fact, yet they are not. The amount of people engaged in the conversation is a subjective fact, yet an actual fact, bought clicks are not and that is an important failure in all this. So when we are confronted with upcoming 2% digital services tax, which is merely a cost of doing business, whilst the lack of digital literacy that is spawned from a lack of education is a difference that most are not made aware of.

When we finally get to the Conclusions and recommendations we might focus on: “Social media companies cannot hide behind the claim of being merely a ‘platform’ and maintain that they have no responsibility themselves in regulating the content of their sites. We repeat the recommendation from our Interim Report that a new category of tech company is formulated, which tightens tech companies’ liabilities, and which is not necessarily either a ‘platform’ or a ‘publisher’. This approach would see the tech companies assume legal liability for content identified as harmful after it has been posted by users. We ask the Government to consider this new category of tech company in its forthcoming White Paper” we do see a truth, yet again an incomplete one. The media is equally to blame and not holding them to account, letting them focus on populist views and pressures (apart from the authentic news bringers like the BBC, Washington Post and the Guardian), we are pushed into a skewed view from the very beginning, that part was equally important and avoided throughout the report. For example the Daily Mail gives us ‘amazing footage‘ of ‘Heartwarming moment Syria’s White Helmets rescue two puppies from being crushed to death by rubble after a building was torn apart by heavy shelling‘, yet the news given several hours ago ‘Saudi Arabia has provided more than $13 billion in support to Yemen since 2014‘ never made it did it? The Daily mail was all about on how to not open a beer keg (by making a hole in the side using a spigot and a piece of wood) and ignoring ‘UK-based man charged with inciting attack in Germany‘ (source: Washington Post). So when it comes to the entire matter of social media and their ability of being merely a ‘platform’ (which they are) the accountability of the media as a whole is a much larger failure and the fact that the committee decided to leave that on the side invalidates the report to a much larger degree (not completely though) as I personally see it.

Facebook might not be innocent, yet the media as a whole is just as guilty. They have made the consideration of what is ‘fake news’ a much larger issue. The few that do a good job are filtered into silence by the hundreds of media outlets that do what social media is supposed to do, create awareness of self through promotion of ‘self’ on a granular population, as granular as possible.

The fact that the word ‘engagement‘ is only seen three times in the report, ‘click‘ is only seen twice, ‘filter‘ (like: filtering, filtered) is seen once and so is ‘selected‘, yet the last word is not see in regards to what the user of a social media account chose to observe.

All elements at the very foundation of: ‘Disinformation and ‘fake news’‘, in that light, just how valid is that report and what else are the people not made aware of? So in light of the members of that committee and the amount of money they made (and the costs that they gave the taxpayers) through lunches, travel expenses and all other forms of remunerations: Can we get that back please?

 

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February 18, 2019 · 10:56

Evolving an infrastructure

The news is all over the place when it comes to Saudi Arabia. Reuters (at https://www.reuters.com/article/us-saudi-defense-naval/saudi-arabia-signs-warship-construction-deal-with-frances-naval-group-idUSKCN1Q60B0), with the headline ‘Saudi Arabia signs warship construction deal with France’s Naval Group‘, then there is Arab News giving us (at http://www.arabnews.com/node/1453471/saudi-arabia) ‘Saudi crown prince oversees $20bn of deals with Pakistan‘, all opportunities lost to the US and Europe (well most of Europe). A lot of it is ‘part of its efforts to develop domestic manufacturing capabilities‘, which they have been very clear about for some time now. All options lost. In part to the circus that Turkey had put in place. Some give us: ‘Turkey Has Not Revealed All About Khashoggi Killing: President Erdogan‘, others give us: ‘Khashoggi’s remains may have been burned in well‘, items like ‘not all revealed‘, ‘may have been‘, as well as a few other implied making statements that leave too much doubt on the matter. The fact that Turkey apparently has not revealed all implies orchestration. As the lackey of Iran it makes perfect sense, the fact that the media has been skating around that issue for months now does not. The fact that Turkey is trying to push the US, whilst they should have revealed all the facts and evidence is a much larger issue.

Let’s be clear, I am not stating that Saudi Arabia is innocent (because I cannot tell), I am not stating that nothing happened (something happened that is clear, what exactly happened is another matter), I am merely claiming that there are too many issues in all this from the very beginning. When it comes to the media, we see close to 18 million placements on ‘Kim Kardashian’ and ‘boobs’, we see 889,000 placements on ‘Jamal Khashoggi’ and ‘tapes’, yet how many made a critical analyses on the tapes? We see mention in papers on: “a man alleged to be Maher Mutreb, the suspected coordinator of the mission who worked for some time in the kingdom’s embassy in London, is quoted as replying to the Washington Post columnist“, we see ‘alleged’, so how were the tapes critically analysed? We also see: “The report adds that a later recording captures another “hitman”, Mustafa al-Madani, who was used as a body double to Khashoggi, saying: “It’s really creepy that I am wearing the clothes of someone who was killed minutes ago.”” as we see ‘a later recording’ should that not be one and the same recording? Then there is ‘transcript of a tape recording’, the fact that it is stated to be ‘a recording’ not ‘the recording’ is also mind for analyses and that list goes on.

We see claims by a Kardashian getting numerous cross references, with Khashoggi there is a consistent stream of doubts and debatable issues. As I stated, I am not saying nothing happened, I am merely wondering what actually happened. The fact that Turkey goes crying to USA to put pressure on Saudi Arabia merely gives more and more debate and debatable doubt to the entire setting. We also see the mention at the UN of “The Special Rapporteur travelled to Ankara and Istanbul with British Baroness Helena Kennedy, a forensics expert who sits in the House of Lords, and homicide investigator Paul Johnston“, yet in the BBC we see: “Evidence suggests the murder of Jamal Khashoggi was planned at the highest level, Baroness Helena Kennedy says“, yet here the BBC states ‘evidence suggests’, which is something different from ‘Evidence shows beyond reasonable doubt’ and for the most that should initially suffice if the stakes were not too high for comfort. In the UK the Press Gazette gives us: “After an initial examination of the evidence, Callamard found that Khashoggi was the victim of a “brutal and premeditated killing planned and perpetrated by officials of the state of Saudi Arabia”“, yet when we look on we also get claims on quotes made in 2017. All an emotional package to push us in a certain direction, and whilst we might accept: “Woefully inadequate time and access was granted to Turkish investigators to conduct a professional and effective crime-scene examination and search required by international standards for investigation,” the fact is that the event occurred on Saudi territory and the Turkish government has no jurisdiction there. If there was such a level of evidence with the tapes, they would have been made public, yet we see more and more games played by the Turkish government making the issue debatable again and again. We can argue that if they had gone out and revealed everything, the entire setting would be different. They basically invalidated themselves with all the preposterous claims.

This is when we go by the source I used (at https://pressgazette.co.uk/jamal-khashoggi-un-saudi-investigation/). As stated there are issues, there really are, but the emotional games played using the media takes away a lot of credibility. As we were shown “Germany halted arms exports to Saudi Arabia over what it said was the uncertainty surrounding the murder“, we now see well over $20 billion in deals going to other places. That is the name of the game. The issues are important because the governments being holier than though, yet refusing to hold Turkey to account over well over 200 incarcerated journalists is part of the entire package. It comes across as a mockery when we get treated to Turkish journalist Nazli Ilicak who is now apparently serving life plus 6 years in prison. Now we can agree that one should not be the other and I would agree with this. Yet the fact that there is doubt on many levels and the fact that the media kept on shouting and screaming ‘alleged‘ as well as ‘according to unnamed sources‘ whilst there is all kinds of issues in several directions is also a reason for some to not include certain parties. We can argue the same part in the stage with the USA, when we consider “The US Senate, in a largely symbolic gesture, voted in December to end US military support for the war in Yemen and blame the Saudi crown prince for the murder of Khashoggi“, this whilst we can agree that a partial case can be made for the Yemen conflict, the fact remains that the Houthi forces have been receiving support from both Iran as well as terrorist organisation Hezbollah, making the withdrawal by the US a bit questionable (yet not invalid), as for blaming the Crown Prince whilst there has been no evidence showing his involvement is just slightly too silly. If there was clear evidence beyond all reasonable doubt that would be one part, but that part has not been given, now once in 16 weeks makes the claim silly, France was happy though, so there is that to consider.

There is still space for the Dutch if they reconsider a few places. I am decently certain that Saudi Arabia would love to get their ships upgraded with the Dutch Goalkeeper system which is (for the most) a defensive system. And that is merely the defence part, there is a much larger goal for Saudi Arabia and the Dutch could become contenders is a few ways. And in regards to the stage, is being critical about what is written that bad a position to have? I am not stating avoiding writing anything, merely be clear and produce evidence, if we demand it in some directions, should that same request not be in all directions?

The issues evolve even now. As we were introduced to: “Jubeir said the public prosecutor responsible for the case had sought evidence from Turkey but had received no response” is the reference to Adel al-Jubeir, Saudi minister of state for foreign affairs. The fact that evidence is not shared is also an issue; it could imply that there is no evidence at all making this hot potato no longer a potato, but a disaster in the making. If the evidence was so clear, it would have been in Turkey’s interest to share it with the world and all the media (to some degree), the media will refer to the event as leaking (like they normally do). I wonder when all the facts are clearly published, what would be left?

The fact that News24 also gives us “The CIA has concluded the Saudi operation was likely directed by the powerful crown prince” is now a growing concern. It is not ‘beyond all reasonable doubt‘, it is not ‘on the likelihood of probability‘ it is merely ‘was likely directed‘, implying that evidence is missing on a whole range of issues. So when we see all the unsupported accusations, all the calls for ending cooperation with Saudi Arabia, are we even surprised that Saudi Arabia is spending their cash somewhere else? And when we see the 500 billion and 185 billion go to alternative places, how will that impact economies? To be honest, I would love to get my fingers on the full report of homicide investigator Paul Johnston. It might clear up a whole truckload of issues, and perhaps leave too much reasonable doubt. I honestly do not know, yet I would love to find out.

So when we see that here truly is too much reasonable doubt and when the US hopes to make deals for the good of the economy, we will see what the decisions form Riyadh will be. The fact that 8 hours ago the news as given with ‘Sultan Bin Salman reviews prospects of cooperation with Russian space officials‘ is from my point of view a first message that Saudi Arabia is seeking more interactions on a global scale (read alternative cooperation partners), the fact that it is not going to Europe or the US should be a clear indication that there are troubles brewing under the Saudi sands, and more is coming when we look at the upcoming cutbacks that NASA will be facing.

When we see the amount of evolution that Saudi Arabia is trying to give its own infrastructure should be a massive input towards global economies, but so far the players needing it the most end up with the least, it could of course be a coincidence, but when we realise that it is not, can we actually place any blame, or should we merely blame our own politicians for bluffing whilst holding merely a pair of threes, I will let you decide on that one.

Too many questions and a lack of clear reporting contributed to all this, of that I personally have little to no doubt at all.

 

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February 17, 2019 · 13:56

Two sides of currency

There was more news yesterday. The article that gave me the previous view has been updated with a new one (at https://www.theguardian.com/uk-news/2019/feb/16/shamima-begum-isis-extremism-expert-criticises-sajid-javid). At the foundation of it is the view of Hanif Qadir, CEO of the Active Change Foundation. I disagree with him on a few levels. Now before I begin, we need to look at his ‘resume’, this is important in this case. As such we see: “Hanif once joined Al Qaeda members in Afghanistan, but was deterred by the crimes he saw being committed against civilians and turned his back on them. Upon his return to the UK, he vowed to safeguard young men and women from similar experiences, losing their lives and harming their communities. Having a unique understanding and hard-won experience of the modus operandi of Al Qaeda / ISIS inspired groups and individuals, he is now recognized as arguably the best violent extremist and de-radicalization expert in Europe“, the important part is that he knows the game, he knows what is at stake, yet I still disagree.

When we see: “Hanif Qadir said Sajid Javid’s reaction to the teenager’s predicament fed the narrative of Isis. On Friday Javid said he “would not hesitate” to prevent the return of UK Isis recruits, an approach at odds with Begum’s family in Bethnal Green, east London, who want the 19-year-old to return home “as a matter of urgency”“, I am with Javid on this. In addition there is: “Javid is fuelling the [Isis] narrative and giving wind to the sails of other extremists. If we continue with this trajectory we’ll be sowing the narrative for them to reap and use against us“, it is a fair enough view to have, but that is the setting when all was ‘well’ with ISIS, ISIL, Al Qaeda and such. This is no longer the case. They are not defeated, that much is certain, yet the world is very aware on how desperate they have become. The next part we see is: “If the government doesn’t change their approach to this, we potentially have a second wave of Isis coming, the connecting up and reloading of Isis, fence-sitters who are more sympathetic to another kind of narrative” and finally we get: “Baroness Sal Brinton, president of the Lib Dems, who described Begum’s radicalisation as a form of grooming. “We know that in that particular school three girls went [to join Islamic State], but probably more were approached. Surely our child protection laws have to kick in. As she returns we should look at what happens, as she was 15, and what happened out there“. I think that the cure is much simpler. It is called targeted killing, it is a simple path; if Shamima Begum wants back she has to earn this. As the Baroness points out (a little clumsy) we understand that there was grooming, we know that there was a stage, the fact that 15 year old girls got to fly to Turkey, had access to her passport, got to travel via smugglers, into Syria implies that they have optional intelligence value. It is the price for life, plain and simple. The message needs to be clear and without any level of reservation. Those who embrace terrorism will be hunted down and put to death. The European governments have a clear responsibility to its citizens. And here we see a clear field where we do not negotiate with terrorists. There cannot be a stage of some level of ‘biased’ mercy. People like Shamima Begum will optionally open options for ISIS and become the second wave. It is almost damned if they do and damned if they don’t, in this case the setting of not allowing them back, or merely long term imprisoned might be the safest route in all this.

And again we see the failing of the EU. when we see: “In Brussels the focus has been on trying to raise standards in the swift sharing of information among EU member states, and its dissemination to border databases should there be an uncontrolled wave of returnees“, we think that we are seeing something novel, yet the dangers had been shown since 2012. One year after the Syrian war there was a massive drive of refugees. In December 2012 the number of refugee’s trying to find alternative living had surpassed 500,000. At that point there was the already growing concern that if only 0.1% was ISIS minded, there would be a massive security concern in Europe, the fact that we now see ‘the focus has been on trying to raise standards in the swift sharing of information‘ is evidence that the EU has been sitting on their hands for too long a time, whilst those sitting on their hands remained to be well paid, and you still think Brexit is a bad idea? The intelligence failing in Europe had taken monumental proportions in 2014 as the Greek-Turkish events took a larger stage. Merely 4 years and as it seemingly shows, not actual quality improvement. That is the danger that the UK faces as an Island and ISIS is too large a problem to ignore, whether they get defeated or not, the timeline shows that splinter groups will form and they will take a slow silent step hoping that governments will fall asleep again, people like Shamima Begum will assist in making that happen. So when I see: “Although Begum is likely to be traumatised, Qadir said that if she received the right mentoring, counselling and passed through the necessary security protocols, she could be successfully rehabilitated“, I see a failing in the making. At this point I completely disagree with Hanif Qadir. Only the ego driven and their need for justification will give us the story that they can rehabilitate her. There are too many pressure points for Shamima Begum. At some point some radicalised person will find a way to blame the Europeans and Americans for the loss of her two children and the cloud of terror will be on route to disaster. In addition, she will need to be monitored 24:7 for years to come, if her family failed her once, it will do so again. She will play nice the first 18 months, yet at some point, she will be ‘woken up’ and that is when the problem starts. It is amazing how people cannot learn that lesson. They seem to focus on 9/11, focus on Syria and forget about the sarin attacks (in Syria), they focus on events that the media exploded on mental health cases like Sydney Martin Place, and forget the Charlie Hebdo shooting of January 2015 to a much larger degree. Two people, Saïd and Chérif Kouachi were able to kill 12 and injure 11. What is the damage when 6-8 start having fun with a Belgium FN MAG? Consider that I could with decent ammo, set the stage for a (800 m – 1,200 m) slaughter spree in London, and consider what would not be in range on that distance? It is a direct option for hundreds of deaths in the shortest time. Now consider the impact on tourism and economy if 6-8 did that. I used this example as it is relatively easy to get a hold of one in India, Egypt, and China. Consider that ISIS still has a logistic system in place and until it is utterly destroyed weapons like that can make it into Europe a lot easier than you think. Now consider that one attack will impact a little yet 3-4 events will massively upset all lives. If you doubt that, consider how long France needed to keep its soldiers in the street, merely to make the people feel safer. Consider that impact in London, Amsterdam, Manchester and Birmingham. It will end up doing a lot more than merely spook Europeans.

If a tiger gets out of the zoo, you would like to catch it, when 3 run amok you either consider the death of the visitors, or shoot to kill as soon as you can. We would all like to hide behind the tranquiliser gun, but when there is more than one, the danger of mass carnage becomes a little too large for comfort. You can do this exercise yourself. When you are in a zoo (any zoo that has a tiger), consider three tigers to get out, how much time will you get to get yourself and optionally your children safe, actually safe? How many will not make it? Try doing it on a summer day when the zoo is filled with children on school excursions. How many do you expect to die?

That is the actual situation, yet the area is not a zoo, it is a city filled with people and the members of ISIS are in their stage of ‘doing the will of Allah‘ in the end being nothing more than rabid animals. They will kill indiscriminately. We sometimes look back to videos like https://www.youtube.com/watch?v=LItKd2VE-NE, yet these are seemingly the most humane ones. Sources filter the video’s away as soon as they can (which we understand completely) and as such we have no reference just how inhumane the actions of these terrorists are, and as the spoof video’s come (like https://www.youtube.com/watch?v=Momc2e1wHG8) we end up merely persuading ourselves that it is all a joke, yet it is not. The problem is when it happens, the moment you get the real deal the first thing you will do is blame someone else, it was their fault. It is not, you will be just as much to blame as anyone else. So when we consider: “Ferdinand Grapperhaus, recently braved the critics by revealing that the government was cooperating with local authorities in Syria for the return of women accused of Isis membership and their children“, and if this woman is shown to be involved with ISIS in any capacity, at that point will you blame Ferdinand Grapperhaus for allowing this to happen, or will you blame yourself for getting him elected? The problem is that until something happens there is no issue, it is the hidden trap. In my personal opinion, anyone who sided with ISIS remains a danger, to others and optionally to themselves as well. Normally we have systems in place, when someone is a mental health problem we have procedures, we have support systems in place. When they actively engage with ISIS, ISIL and Al Qaeda in the attack on others, either directly on the front lines or in support functions behind the lines, we have nothing and weirdly enough, it is the ISIS support people that become the larger problem down the line, they can really rack up the damage in whatever nation they end up living in.

That is the currency we all forget, that is the danger we allow others to be confronted with and that is why I am in opposition of Hanif Qadir and Baroness Sal Brinton.

Have a great Sunday

 

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February 15, 2019 · 11:56

Living with choices made

We do that at times, we also endure the bitter fruits that we gained from choices. I made some myself, in two cases I trusted the wrong person and it costed me dearly, an invoice payable over decades. I get that, it was my choice, I was an adult and therefor I accept to live with the choice made. It is partially the reason I go out and expose bullshit artists’ because of the dangers that they represent, as well as their friends who knowingly stand by them. So when I saw ‘UK will not put officials at risk to rescue Isis Britons, says minister‘, the article (at https://www.theguardian.com/uk-news/2019/feb/14/uk-isis-britons-officials-risk-syria-schoolgirl-shamima-begum) gives us “I’m not putting at risk British people’s lives to go looking for terrorists or former terrorists in a failed state,” I personally believe that this makes perfect sense. Some might have a bleeding heart when they see: “it was revealed Shamima Begum, one of three pupils from Bethnal Green, east London, who left to join Isis four years ago, told the Times she wanted to return to the UK“, yet there is no way to tell how radicalised she has become. In addition, even as we accept that “Wallace said that as a British citizen, Begum had a right to return home, but anyone who joined Isis should expect to be investigated, interviewed and “at the very least prosecuted” on their return“, we also need to accept that would need to be under scrutiny for some time to come, she is optionally a direct threat to the Britons around her and as such her return also means putting pressure on the budgets of GCHQ and MI5, so there is that to consider. Now, I am not stating that is a reason to keep her out, yet when people state that they are so adult, so well informed and go to places like ISIS Syria, getting married to a Muslim she did not know, have three children with two of them dead is the lifestyle she chose. In addition there is another matter that I had not considered. Even if she is not radicalised, Sir Peter Fahy (former chief constable of Greater Manchester police) gives us: “The biggest challenge if she did come back will be how the police will keep her safe and how she wouldn’t be some sort of lightning rod for both Islamic and far-right extremists“, as an optional catalyst she becomes a new threat on other levels too, as stated, that was something I had not considered and it is important to see that as a matter that could lead its own life. In all the papers and media events we focussed on radicalisation and we forgot that the threat of being a catalyst is actually a larger issue to consider.

And the news is now pouring in from all sides regarding Amira Abase, Shamima Begum and Kadiza Sultana. As all focus on Begum, we know that Kadiza Sultana is dead, the other two were alive in August 2018, and the present status of Amira Abase will be looked at in the near future. My reasons for having the position that I am showing to have is that all need to be held accountable for their actions, not merely governments and large corporations, individuals as well. So when we see “Aqsa Mahmood, a former Scottish university student, has been put under international sanctions for her role as an online recruiter, with other female jihadists including Khadijah Dare and Sally-Anne Jones have called for terror attacks on social media and called on other women to follow them to Syria” (source: the Independent), we need to realise that a governments job is to keep its citizens safe, with the danger of radicalisation and being a catalyst becoming too large a danger, there is everything to be said to leave these people to their fate, so they either become a danger or they die. It seems a simple equation. Yet, we know it is not. The move by more and more Muslim girls (and women) from the UK, Belgium and the Netherlands to step onto the ISIS platform is a given stage for dangers, more than we see at first light. You might think of Robert Ben Lobban Wallace being a softy, think again, he is Sandhurst trained, and a Scots Guard commander with 24 years of intelligence experience. He knows what he is in for and he is more aware of most on the dangers that former ISIS women present. That needs to be taken into consideration before we give rise to: ‘Let Shamima Begum come back, say Bethnal Green residents‘ (the Guardian), ‘British schoolgirl who fled London to join IS pleads to come home to have her baby‘ (News.com.au) and ‘UK schoolgirl Shamima Begum who fled to join Islamic State ‘wants to return home to England’‘ (ABC). you see, the moment she is back and some misguided catalyst event explodes (optionally very literally), we will get all the accusations and all the pointing fingers of a failed police force, yet from my point of view, the people of Bethnal Green will not be allowed to complain. It will be the direct consequence of ‘let her come back‘ and the family members of those victims can ask those people for reparations and grief counselling. So as we see the impact of Shamima Begum (19) mother of three with optionally only one child left alive is seeing the impact of what she thought would be a fairy tale in ISIS. The people who stayed awake have been aware of the danger that ISIS is more than half a decade before she left, she merely listened to the wrong people and it got her family and optionally soon enough her killed. That is the impact of terrorism.

ABC News also gives us: “Independent of this, Home Secretary Sajid Javid is expected to weigh in on whether Ms Begum should have the right to return to the UK, along with intelligence agencies MI5 and MI6 and counterterrorism police, who are anticipated to conduct further investigations into potential dangers Ms Begum could pose to the UK“, the issue is not merely that, the words of Sir Peter Fahy are important too, it is not merely what she does, it is what triggers others to do because of her that counts too and that is where the problem begins. This is not merely come algorithm, it is the dimensional impact that others will trigger at her presence, merely via news, or by seeing her. The part that is not about whether she was ISIS, but the part where others see her as a member of ISIS until she is dead, that is the larger issue and there is no way to set that stage in a dependable way. It is like fishing for sharks in the North Sea. You can go to places where they are most likely to be found, yet throwing out bait and a fishing line does not give rise to catching a shark, you could end up with another fish entirely.

It is in that light that I oppose the view of Amina Mohamed, 52, a housewife, who gave us in the guardian: “She was a baby, she didn’t know what was going on there. People played a game with her and brainwashed her. She was a child“, she made a very clear choice, she decided not to listen to her parents, and it is actually that simple. I do not have much on the parents of Shamima Begum, yet the Evening Standard gave us: ‘after deceiving their parents‘, so in all that, it seems to me that a choice was made and as such, they will have to live with the consequences that they created at the age of 15.

The BBC (at https://www.bbc.com/news/uk-47240100) if the sides in all this as even as there are sides that give rise to the responsibility of the British government, the question that we cannot answer is how radicalised has she become? The fact that we see: “She and two friends – Amira Abase and Kadiza Sultana – flew from Gatwick Airport to Turkey after lying to their parents about their plans for the day. Their aim was to join another friend, Sharmeena Begum“, there is a part that is seemingly ignored by a few people. Not only did was she able to get to Turkey (so they had passports and they tend to take a while, and apart from the fact that an unsupervised minor got one), the fact that the BBC gives us: “The trio were picked up by smugglers working for the IS group and taken across the border into the group’s territory in northern Syria” that there was a logistical support system in place that set the stage for minors to get to Syria from Turkey, the costs that is involved (three times £175 plus additional expenses), the fact that Gatwick raised no questions on unaccompanied minors, the smugglers they willingly followed (so waiting at the airport), there is a larger support system in place for this. There was a recruitment drive and there is a financial stage in all this. There are clear reasons that no one on the ISIS side wants her to be able to talk to MI5, so the issue is not that clear and it is a lot more hazardous for those around any of the optional two still alive that make it back to the UK, so from where I stand, I see that Sir Peter Fahy is correct in several ways.

Investigating these elements should be high on the priority list and they might be, yet the coverage I have seen so far does not ask any of those questions, do they?

I do realise that the entire matter is more complex that this, yet the fact that dissemination of information is lacking levels of scrutiny is a larger issue that needs to be addressed. To see this, we need to consider to parts, first a local one. In Australia Jenny McAllister has voted very strongly against more scrutiny of intelligence services & police on several occasions. Now, that is her right and partially it is her duty to vote one way or the other. Then there is the Financial Times two weeks ago who gave us: ‘Foreign Office criticised over scrutiny of UK spy agencies‘ (at https://www.ft.com/content/4a1cc4e6-2619-11e9-b329-c7e6ceb5ffdf) and we see: “The two agencies use section seven of the 1994 Intelligence Services Act, often referred to as the “James Bond clause”, to authorise activities overseas that might otherwise lead to criminal and civil liability under UK law“, yet in the same trend we see a lack of questions when it can be established that 15 year old girls are recruited in the UK, there is a logistical support system to get them to Syria and the media seems to remain oblivious to a much larger degree (it is the people need not know approach) to something much more pressing in all that. I must have forgotten the lessons on common law regarding the recruitment of children for criminal purpose, how did that go again?

So when I see: “Such missions could include MI6 agents breaking into properties in foreign countries to obtain documents or GCHQ infiltrating computers and networks in ways that might otherwise fall foul of UK laws“, which is a larger implication when a 19 year old is having her third child and it raises no questions, especially as the marriage might be seen as illegal?

At that point my question towards Dan Dolan, deputy director at Reprieve, who is so about doing the right ‘thing’, will be about: What should we do? How far are we allowed to go to prevent recruitment and radicalisation of minors straight out of primary school? How far are we allowed to go to keep British children safe? I think that plenty of intelligence operators lost the plot in the Huawei events (which the Financial Times endorses with a photograph), yet when it comes to threats like ISIS the intelligence industry hasn’t even seen the outer limits lights at present, I am not entirely sure if they are able to tell the colour of those lights when asked. the larger issue is that the intelligence operators are not merely walking a tightrope, they are walking one that is covered in razor blades and at any time there is not merely the risk that it cuts into the feet, it is also a risk that it cuts the rope they are walking on, giving rise to additional hazards, Shamima Begum is merely one of several risks at present and it is important to realise that a Queensberry Rules approach is not merely making us human and humane, it is getting us killed with 99% certainty, the opposition does not warrant, endorse of accepts any kind of rules. I do hope that the recruitment of 15 year old girls will suffice as evidence at present.

 

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February 14, 2019 · 10:46

The Outsourcer’s Furlong

The race is on, we heard last year just how poorly the setting of Interserve was. We all head how Interserve served the people the small fact that they were half a billion (in £) in debt. I discussed it last December (at https://lawlordtobe.com/2018/12/17/one-to-the-hospital-one-to-the-morgue/) in the article ‘One to the hospital, one to the morgue‘, and if the previous financial model applies, there is every consideration that so far another £200 million has been added to the debt. The guardian gives us: “the directors danced around the issue. A “fully consensual” financial restructuring would be preferable but Interserve was “also actively preparing alternative plans to ensure the proposed transaction can be implemented in the event that shareholder approval is not forthcoming”“, and as they very correctly state it ‘What alternative arrangements?‘

In this Coltrane and Farringdon Capital Management have between them one third of the equity and the message of “the proposed £480m debt-for-equity rescue in which the banks would take control and current investors would be diluted to just 2.5% ownership“, you can imagine that these two campers were not happy. They stand to lose it all if things go pear shaped, the awkward impact of a wrong investment made bare. The fact that these two could stagger it all if there is not a full house (which is the most likely event), could stop everything and as the Guardian states (to be more specific Nils Pratley does at https://www.theguardian.com/business/nils-pratley-on-finance/2019/feb/13/interserve-needs-a-plan-b-given-the-rebellion-over-its-current-plan), a plan B is needed. I personally think that a plan C is equally essential. At present chairman Glyn Barker has his work cut out for him, not only are 45,000 out of the 74,000 employees in the UK and they are waited with baited breath, there are more than two parties that are on the ropes and he needs the bulk to fall in line with his vision. One part is the lucrative Interserve Saudi Arabia. Even as it is profitable now, it is also in demand now, auctioning it off to Salini Impregilo could give them a decent reduction in debt overnight and with matters in Saudi Arabia as they go, Salini Impregilo needs the workforce, they are scoring job after job and at some point the workforce will not hold up to the scrutiny of deadlines. As it includes presence in the UAE, Interserve might want to choose dollars for doughnuts before the stage has changed and all that they can hope for is 10 cents to the dollar, because at the stage where two players having one third push for change, Salini Impregilo merely needs to wait for Interserve parties to become utterly desperate and that given stage is a little more realistic than some players are comfortable with.

If debt reduction is the goal and we see that their Middle Eastern part involves:

  • Hospitality and leisure
  • Oil and gas
  • Retail
  • Transport and infrastructure

I see at least three branches that could be pruned and it is a first step to push Interserve back to their core and optionally into a field where cost becomes increasingly lower than the current balance statements require them to be. A similar view could be held for the US and Asia. I wonder just how profitable these branches are, the total debt implies that it goes way beyond the UK (or the UK part is optionally mismanaged in the most dreadful way). I am not implying or judging, half a billion in debt is doing that for me pretty convincingly.

So as the Times gives us: “The New York hedge fund attempting to derail the £905 million rescue plan at Interserve is nursing losses of nearly 90 per cent on a £25 million bet that the public services contractor could recover without falling into the hands of its lenders“, we also see another side. The fact that we see someone hedging 3% into moving away from the £900 million rescue plan, and losing 90% of their attempt also implies that the tress intensifies. Another view is given by the Financial Times (at https://www.ft.com/content/8cd9d920-2b98-11e9-a5ab-ff8ef2b976c7) with: ‘Hedge fund in Interserve feud profited from Carillion collapse‘, with the addition “Coltrane Asset Management, the biggest investor in Interserve, earned £4m wagering on Carillion’s collapse by selling its shares short“, so why give them any consideration? the fact that they decided to add a 20+% share in Interserve with the assumed and highly likely path to try that trick a second time implies that they have no vested interest in the firm, merely a need for greed. So why cater to that? When we are given: “Carillion collapsed in January 2018 leaving banks, investors and pensioners nursing heavy losses and the government struggling to deliver key services such as hospital cleaning and school meals. Some 3,000 staff lost their jobs, with another 14,000 transferred to other employers, in one of the biggest corporate failures in British history“, we know that this was not the fault of Coltrane Asset Management, yet they had no issue selling it all down the drain as it allowed them to fill their pockets. We get it and we do understand that Coltrane is in it for the money, that is how the cookie crumbles, yet when we see the impact on an optional 74,000 employees, we need to look beyond. It is not like Coltrane is taking over and making it a profitable setting, are they?

We do get that Coltrane is not the actual evil party in this, unless they explored short selling here too, at that point they are on their own. Coltrane is not without teeth, the mere setting of shareholders losing out on their investment will make them gang together and plenty of them are small investors; it is their retirement that is at stake. Scottish pubs tycoon Alan Macintosh is also still an element in all this, the swap would make him massively rich so he is willing to stick with the plan, there are still 6 weeks until the deadline gives us the setting of the battle line that will be drawn, and where that ends is anyone’s guess. yet as the Financial Times points out “People close to Coltrane said it was confident of winning support from the numerous smaller investors — which include Hargreaves Lansdown and Standard Life“, those with their retirement savings in the balance will turn to Coltrane soon enough, some will be scared enough to offer their part to Coltrane at any amount that gives them more than 30 cents to the dollar, giving Coltrane the option to upgrade the size of the bat that they wield in this encounter, leaving the people at Interserve with little to work with, and in light that there is no plan B or a plan C, gives more and more the impression that they never properly prepared for this war, making the outcome of a win for Coltrane against them a rather large likelihood.

So who goes to a war theatre without at least three options ready? Anyone who starts a tactic without two alternative routes handy at any given time is merely on a one way street to defeat. That is not predictive, that is an issue that has been gospel since WW1, I would go further that the Siege of Khartoum of 1884 was another example to that premise. In those days there were thousands of Brits sneering and making fun of Muhammad Ahmad bin Abd Allah, in the end he walked into Khartoum leaving mountains of corpses in his wake. From that setting alone, the board of directors at Interserve have made a few too many really poor decisions, when we add that to the pile, we see that Coltrane is not done, not by a long short and when it falls over, Coltrane walks away with an ox-cart of gold and a fair share of the 74,000 employees will not be that lucky.

Those who want a better stage better find themselves a new deal and set themselves as independent contractors finding new alliances. It might be easy for some where the market is vastly on the rise, but that is merely in a few places where the stage can be set to take control of the projects, making the situation of Interserve a lot less manageable soon enough.

I am merely speculating now, yet consider the projects over the last 6 months.

  • Qatar National Theatre
  • Southwark Council
  • Highways England
  • North Lincolnshire Council
  • Durham University

These are merely a few of many projects where ownership of the project could revert to other players if the pressure on that project is high enough. Those customers will need to seek a solution for their invested needs and there is now enough doubt whether Interserve can fulfil its side of those contracts, the mere absence of a plan B would essentially be enough to facilitate for change if the proper cards were played and £150 million is nothing to make fun of.

But that could be merely my wrongful view on the matter, we will know soon enough.

 

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February 12, 2019 · 12:14

When we fail others

It happens, we fail others. At times it cannot be helped, it seems naturally that people forget about safety issues and condemn a whole building with bad cladding. It is just one of those things. Especially in Melbourne when after the 2014 fire in the Lacrosse Building, an apartment block in Melbourne’s Docklands 170 buildings were found to be non-compliant. Almost 5 years later, 19 months after the Grenfell tower event in London where 72 people lost their lives, we are now confronted that with 2000 buildings audited 360 are a high risk, 280 are moderate risk and 140 are low risk. You can drizzle it down, yet the cold fact is that 40% of the buildings are a risk, so over 5 years not one fuck was given for the safety of people (was that diplomatic enough?)

It is even worse when we see: “Last year those regulations were tightened in Victoria to ban the use of aluminium composite panels that contain more than 30% polyethylene“. Yet this is not the whole picture, it is actually a lot worse. The BBC gave us (https://www.bbc.com/news/uk-43558186) in April 2018: “In the standard European tests for “reaction to fire”, products are rated A to F – with A being the top rating. Reynobond PE had a certificate based on a rating of B”

The part that is missing is the part I gave view to in June 2017. The brochure itself gives us: “What is interesting is the mention on page 5 of the brochure: “It’s perfect for new and retrofit projects less than 40 feet (three stories) high” This is an interesting part because the ‘why‘ comes into play, why only 3 stories? That part becomes a point of discussion, as page three shows a 7 story high building in the images. On page 6 we see the safety rating form flames and smoke as a pass with Class A as per ASTM E84. That part revealed two elements. One is the mention ‘This test method measures flame growth on the underside of a horizontal test specimen, using the Steiner tunnel test‘, the operative word is ‘horizontal‘”. I wrote this in the article ‘Under Cover Questions‘ (at https://lawlordtobe.com/2017/06/23/under-cover-questions/). How did the BBC miss this? Then there is the fact that the flame test was done on a horizontal piece. Two direct questions that are clearly constructed from the mere brochure of the product. So how did officials in the UK and Australia miss these parts? That is before questions come up regarding the limit given of: ‘perfect for new and retrofit projects less than 40 feet (three stories) high‘, so how high was Grenfell, a mere 40 feet? How high was the Melbourne building? For me the line: “Laws introduced last year include a new funding three-way model that would allow owners’ corporations to take out a commercial loan to replace cladding and then pay it back through their council rates in an effort to encourage owners to act more quickly, but so far that model has not been used” is merely met with laughter. From my point of view, any participant who was part of the installation and acceptance of this cladding should be banned from construction for life. Unless you all agree that reckless endangerment of life is merely a trivial matter, I reckon that the family members of the 72 Grenfell victims feel a lot less trivial about the mess.

I also think that the quote “Victorian planning minister Richard Wynne says removing flammable cladding from the most high-risk buildings in Melbourne is a ‘complex problem’” I believe that Richard Wynne is off his rocker, the careless endangering of lives is not complex at all. And if this falls on the municipality to fix, it should come with the automated stage where anyone involved in allowing for this cladding should be banned for life in the construction or retrofitting of anything that receives any government funding, never to be allowed to be involved in anything that has more than two floors. It was not that complex was it? There is the additional part where he quoted 14 hours ago where he stated that 60 buildings were higher risk, whilst reliable sources (read: the guardian) has that number at 360, which is a 600% difference, a little too high a difference. In addition there is the stage of: “The average cost of replacing combustible cladding is between $40,000 and $65,000 per apartment unit, leaving “total rectification” of a block in the millions of dollars“. In that regard, why did the police not raid the offices of the involved parties confiscating all papers and contracts so that they could be scrutinised?

The facilitation towards the incompetent as I personally see it is just a little too overwhelming at present. It gets worse when you realise that this is not just Victoria, In NSW we see: “An audit found more than 1000 buildings across NSW have the dangerous cladding“, which now gives me the thought, did anyone ever look at the Reynobond PE brochure? Two essential and elemental questions were raised (the 40 foot limit) as well as the horizontal flame test. Both should have immediately disregarded Reynobond as an option, so how come that the hard questions that need to be placed at the side of Richard Wynne, as well as his NSW counterpart are missing? I would like to add the question on how this is suddenly very complex, but that might just be me.

It does not end there

You see, the issue is larger than what we see. ITV showed that yesterday (at https://www.itv.com/news/london/2019-02-11/fire-chief-stands-by-controversial-testimony-to-the-grenfell-inquiry/), it is at that point that we get treated to: “London’s fire chief says she stands by her controversial testimony to the Grenfell Inquiry, insisting she would not change a thing about the way crews responded.” you see, the part that people ignore, hiding behind emotions (some for all the right reasons) is: “I think it’s absolutely right that the inquiry will look at the whole process around not just our response but more importantly how the building came to be in that state because the building should never, ever have had that cladding on and had the lack of provisions for those people inside.” Too many players want to get around the one part that is at the heart of the matter ‘the lack of provisions for those people inside‘. The sprinkler issue, an issue that might make some sense when a building is 4 floors high, yet for a 20+ floors building there is no sense at all, and fire doors that were not there. The BBC gave a list in June 2018 (at https://www.bbc.com/news/uk-44351567).

  1. Most of the fire doors at the entrance to the 120 flats had been replaced in 2011 but neither they or the original doors still left in place complied with fire test evidence.
  2. The fire service had to pump its own water into Grenfell Tower – the building’s “dry fire main” system was “non-compliant” with guidance at the time of construction and was “non-compliant with current standards”.
  3. The smoke control system did not operate correctly, reducing the ability to improve both escape and firefighting conditions.

These are three elements that had a huge impact. The first two would have made delay and containment of the fire impossible and the ‘stay put’ order became a death sentence, no fire chief would have been ready for that. The overall failing in all this building alone warrants a large stage of arresting several players for corporate manslaughter and those were the obvious failings (beside the cladding), the last goes on a little longer making obvious question clear, ‘Why aren’t people in prison at present?‘ It is in that regard that the one person that should not be prosecuted is Fire Chief Dany Cotton. I do believe that this inquiry is essential as is her voice in this, yet this inquiry should be happening whilst several connected parties should be in prison awaiting the outcome, not watching it from a comfortable chair in the living room.

And it goes from bad to worse

Inside Housing reported three weeks ago: ‘Council to spend £500,000 keeping KCTMO running‘, so not only are we and the family of victims confronted with cost cutting measures and now we see that they require half a million to keep afloat? With: “Board papers from the Royal Borough of Kensington and Chelsea (RBKC) revealed that a total of £750,000 would be spent on Kensington and Chelsea Tenant Management Organisation (KTCMO) in 2019/20, with £250,000 being found through the company’s reserves” the pressing question should be why management was not taken away and given to someone else? Even as we accept the quote “KCTMO must remain in existence as a legal entity throughout the Grenfell Inquiry so it can be held to account“, I am all for that, yet they can be parked awaiting prosecution, handing them half a million seems a bit much on every side of this equation.

As we contemplate the impact of the Grenfell disaster, we see that not only is there a larger issue in play, we need to realise that the current viewed inaction in both the UK and Australia should be seen as a larger problem. That is seen most clearly in two quotes. The first is: “The Neo200 apartment building on Spencer Street, which caught fire last week, was classified to be a moderate risk“, the second one is: “Neo 200 achieved certification and approval from the building certifier and relevant authorities at the time. We welcome the opportunity to support any investigation into the incident by authorities.”

It gives direct rise to the concern that certification is as large an issue as well as allowing fire hazardous cladding to be applied to a building. So when we see that ‘Some 360 private buildings had been deemed high-risk‘, we need to conclude that the building regulations have now failed well over 360 times and in that regard, knowing that there were clear issues going back to the Lakanal House fire of 2009, when we realise that sources gave us “breaches of fire safety standards in UK are common and lessons from Lakanal House have not been learned“, we see that issues with building regulations, and breaches in fire safety have been allowed to go unchecked for almost a decade, in that light, stronger questions need to be asked of the political players as well as the policy makers. Even as the earlier failures by Southwark council are well documented, how is it even possible that these failings are still happening close to a decade later?

I fear that we are failing others by our inability to loudly ask the questions that require answers, and we are seemingly finding the response from Richard Wynne that it is a ‘complex problem which will take some time to fix properly‘, we are too accepting of an issue that should have reduced to the largest degree close to half a decade ago, the information of failing has been clearly shown since 2009, the fact that this is ‘still’ complex a decade later should anger a lot of people, especially those in apartments with flammable cladding. Feel free to disagree, yet when you do, don’t come crying when you end up watching your children burn alive. At that point you only have yourself to blame.

It’s harsh, but the inaction on flammable cladding is just that, harsh!

 

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February 11, 2019 · 12:34

The Australian Catastrophic Colliding Canine

I tend to keep my eyes on Europe, mainly because what impacts the UK today will have an impact on Australia a week later; in addition to that, what happens in Japan today when it comes to consumer electronics and mobile events will get to Australia 3-5 years later. In that respect having a larger view on matters is essential to keep an eye on what could become an impact tomorrow.

Yesterday was different, with ‘Regulation needed to save Australian journalism from Facebook and Google, watchdog says‘ we see the impact for Australia now and to be honest, I can’t stop laughing at present. The article (at https://www.theguardian.com/media/2019/feb/11/regulation-needed-to-curb-facebook-and-google-competition-watchdog-says)

When I read: “Rod Sims, said the digital platforms inquiry, which delivered its preliminary report in December, reveals that the market power enjoyed by the digital behemoths is weakening Australian media“, the giggles increase. Especially when we consider ‘the platforms are not creating any original, quality Australian news’, well we could consider that the Australian media is for the most not doing that either. For the most Australian media is weakening Australian media plain and simple. To name but a one issue, October 2012, I alerted the media to an issue impacting 30 million gamers within the commonwealth. I directly alerted Channel 7, Channel 9 and the Sydney Morning Herald; the all ignored it to the largest degree. There were clear screenshots on how the impact was given, yet the left it on the left of what was important. A change by Sony for their gaming community 3 weeks before the PS4 was released, they all (except for the Australian Guardian) ignored it for the most, and perhaps it was not news? What they (as I personally see it) intentionally ignored is that the Sony Terms of Service is a legally binding contract, the mention of a memo is merely a piece of paper that could be ignored the very next directors meeting. The press needed advertisement dollars and Sony is high on that list of needs, PlayStation 4 was big bucks, plain and simple. In addition there were debatable reviews of Microsoft for the period of two years and the least said about Apple the better, as I see it Australian Media is its own worst enemy. It is my personally view to size up global media as a collection of prostitutes with a priority towards the shareholders, the stake holders and the advertisers, the audience comes in 4th position at best. So when I see: “However, while taking the lion’s share of advertising revenue, the platforms are not creating any original, quality Australian news“, we need to wonder where Australian quality news is found. I will agree that this is found at SBS and ABC, but they are the two exceptions to all this.

When the British Daily Mail gives us on the 9th of February “Respected Channel 7 news reporter Emily Angwin (pictured) was said to be furious at a number of work emails questioning the integrity of the newsroom in Melbourne” is anyone actually surprised? Is it true? We cannot tell because in many ways most of the Australian media is no longer that reliable. And from my vantage point it becomes worse when we go to https://au.news.yahoo.com/. Here we see above the fold ‘Hero pitbull breaks out of home to find help for owner during gas leak‘, ‘Restaurant blames waitress for ‘incredibly racist’ receipt‘, and ‘‘Whoah!’ Man’s breath test returns ‘biologically impossible’ result‘. This is the kind of emotional reporting that gives news a bad name. Compare that to abc.net.au where we see: ‘Global drug trafficking operation run out of Villawood detention centre, phone taps reveal‘, ‘Missing persons expert slams investigation of young mother’s suspected homicide‘, as well as ‘Why the AWU wants to question Michaelia Cash in court over union raids‘. So one is clearly about news, the other is about creating emotional events. I let you decide which is which, and as we take notice of: “Given all this, it is also vital that media businesses are not disadvantaged through the exercise of market power or other mechanisms that make it difficult for them to compete on their merits” We see that the there is another case in dispute. The dispute is ‘media businesses‘ versus ‘journalism‘, so I hope that the ACCC realises that not only are they not the same, they are at present mere dimensions apart.

And questions need to be asked at the Channel 9 address as well. We can agree that the headlines are better than those of Channel 7 when we see: ‘Exclusive: Vampire Killer Tracey Wigginton’s disturbing new posts‘, ‘Man found with gunshot wound to his stomach in Melbourne’s north-west‘, as well as ‘Snorkeller found dead on sea floor off Mornington Peninsula‘, yet there too we have issues as every news item gives us headers and banners of advertisement. News is news and the main players have resorted to self-indulgence of advertising, reloading at every page. The journalism is merely second best at best.

It becomes a different puppy when we look at the mention “The financial viability of these businesses is also not assured as demonstrated by BuzzFeed and Vice recently announcing redundancies in Australia, as well as worldwide“, you see from my point of visibility, we see the Wikipage part (for mere illustration) where the visible information is: “Originally known for online quizzes, “listicles”, and pop culture articles, the company has grown into a global media and technology company, providing coverage on a variety of topics including politics, DIY, animals, and business.” Now, I have seen those buzzfeeds on my Facebook page and I decided not to give them any consideration (as a news source). Even as we now see (I was honestly not aware) “In late 2011, Buzzfeed hired Ben Smith of Politico as editor-in-chief, to expand the site into serious journalism, long-form journalism, and reportage.” We can accept and appreciate that Buzzfeed was taking a serious gander into journalism, yet when people are not aware (or another part of them has created more awareness), we get the impact of consideration versus awareness and non-awareness loses clicks, it is that simple, and the same applies for Australian sources. For the most, the only Australian sources I give consideration to are: ABC, SBS, the Guardian (Australian edition) and that is pretty much it; the rest is too often a waste of time. When we are serious about news, we go to the places where they offer it, not where they claim to offer it. That is how I personally see it and I use the Guardian as a source (as it is free) and I neglect the Times (most often) as I am not a paid subscriber and I feel it is money not greatly spend when I am, like most others on a budget, as such it is not money I have available to do that. It is an important factor as I am merely one of many that need to get by on a budget, that too impacts the news and the ACCC is a little ignorant on that part as well.

They might want to strike out at Google and Facebook. Yet Google News gives us ALL the headlines, from almost every source and that links to the local news articles. So when we see “The preliminary report recommended a powerful new authority to oversee the commercial activities of Google and Facebook” My question becomes ‘How is that going to make a difference?‘ In the end this is not about journalism, but about media and they are not the same, if the ACCC wants to make an actual impact, looking at the quality of journalism we will see that Australia will be left with the Guardian, ABC and SBS. When we were introduced to: “The Turnbull government has announced a funding freeze for the ABC but a boost for the Special Broadcasting Service“, whilst the boost is a mere $14.6 million over two years, when we realise that this all reads like a joke, how useless is the ACCC in all this and whilst we see the decimated pool of journalists, what are they doing (apart from wasting our time on something that the seemingly see as a waste of effort and budget), it is from my point of view a mere article on the foundation that reads: “Australian media is seen as irrelevant, we do not know what to do“, and it is shown against the likes of Facebook and Google, where we need to realise that they are also two different dimensions. Facebook is a mass advertisement channel, a channel that assumes that they know what their granular population wants through scripted likes and the scripted likes of the connections of that person, and Google shows the news in directions that the people searched in, or searched for. One is budget based, the other is user keywords based and the ACCC is seemingly in the dark on the fact that for the most people no longer see Australian media as relevant. That is shown a mere 34 seconds ago when I searched for “Channel 7 News” in the News tab, I was treated to: ‘Channel 7 presenter makes heartbreaking plea‘, ‘Ripped bodybuilder ends TV interview on a wild note‘, as well as ‘Caesarean birth to be broadcast live on Channel 7‘. As I see it, when it comes to visibility is seems to me that Channel 7 has a lot to learn as to the bidding on keywords as well as their methodology on how to properly position news, as well as their approach on how they want to present the ‘news’ (https://7plus.com.au/seven-news-sydney), for most people a 44 minute newscast is not the way to go (having one is still important for many though).

In the end, as I see it, the ACCC is up against the image of certain channels, their digital policies, as well as the approach they have towards news and advertisers. It is becoming less about journalism and merely about the positioning of media which is done tremendously below average. If you want to see how it should be done, watch The Guardian (UK) and BBC News (also UK), for those with language skills, the Dutch Volkskrant (at https://www.volkskrant.nl/), as well as The Swedish SVT (at https://www.svt.se/). As I personally see it Australian media has a lot to learn and that lacking part is not up to the ACCC, apart from them bashing the Australian media from drowning people in advertisements to a level that is just making them irrelevant. It is merely my point of view and I might be wrong, yet I personally do not think so. The foreign amount of visitors to the Guardian, the NY Times, the LA Times, the Washington Post, and the French Le Monde (at https://www.lemonde.fr/) are indicative of my views.

So in all that, how are regulations going to solve anything in any near future?

 

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February 7, 2019 · 11:03

A cat with a violin

A few issues came to my attention last night. Even as it is great to have a 9 month summer in Sydney, yet when you are in a Victorian house and the temperature inside the room is 10 degrees more than outside, you tend to forego a little sleep that tends to be the nature of the beast between Christmas and the end of February. So as I saw ‘Why celebrities are being sued over images of themselves‘ (at https://www.bbc.com/news/world-us-canada-47128788), I woke up a little more than I was comfortable with. You see, the issue is given with “A number of well-known celebrities, including Jennifer Lopez and model Gigi Hadid, have had lawsuits filed against them for posting paparazzi images on their social media accounts.” This is true; the creator owns the copyright, so in that case the paparazzi. This gave me the idea that we can finally use the law to stop the unacceptable amount of invasion of privacy (as well as public harassment). This is seen when we consider one small part of the copyright act where we could change the game.

In the UK there is the Copyright, Designs and Patents Act 1988. Here we see in section 20: “(1)The communication to the public of the work is an act restricted by the copyright in—
(a)a literary, dramatic, musical or artistic work,”

As well as:

“(2) References in this Part to communication to the public are to communication to the public by electronic transmission, and in relation to a work include—
(b) the making available to the public of the work by electronic transmission in such a way that members of the public may access it from a place and at a time individually chosen by them.”

These parts give the right exclusively to the creator (the paparazzi), yet we can counter this with the idea of ‘Where the work is the product of a collaboration, the copyright may be jointly owned.‘

It is stated in section 10 with:

“Works of joint authorship.
(1) In this Part a “work of joint authorship” means a work produced by the collaboration of two or more authors in which the contribution of each author is not distinct from that of the other author or authors.”

As such, when we set the stage that unless clearly documented, any photographic work is automatically a joined authorship. It would be a first step in culling abusive paparazzi’s. It would give rise to less trespass on others people privacy. There is little we can do in the public environment, because that remains a real stage and there are decent paparazzi’s, and they seem to limit their activities to the red carpet events. It does not completely solve the issue as there if a gap between what the Paparazzi can do and the direct invasion of privacy which is protected through torts in pretty much every common law nation.

Yet we can in part stop these activities by making every photographed person a joint owner of the image. It still allows for the photographer to do their work, because most models sign a contract/ agreement including one that hands over the rights of the photos through a release agreement, which at that point hands the rights to the photographer/modelling agency. For them nothing changes, yet the paparazzi would get culled as the model could publish images on their own channel (any social media) diluting the value of their image to €0.01. Giving the paparazzi that feeling that he has been working for the cat’s violin that day (an expression that means ‘for naught’). A few of these events and he/she will find becoming an Uber driver to be a more profitable vocation.

By adding:

“(2)In this Part a “work of joint authorship” means any artistic work where the photograph included a person, who as the model becomes author through collaboration as a contributor, in which the contribution of the work is seen as an equal to the actual creator (the photographer) of the artistic work.”

If the paparazzi claims that this is not the case loses as the model becomes co-owner unless there is a release agreement. It would solve a lot of issues for many models and celebrities in one go.

I also agree with the quote: “Neel Chatterjee, a US lawyer who specialises in high-profile intellectual property disputes, says social media has created an “enormous amount of complexity” in the field.” This is true, but I also believe that the matter could have been simplified a long time ago and I wonder why this step had not been set in motion a lot sooner. It was not that complex, was it?

Still, time is needed to consider and test the addition, whether it holds water and what else is affected, I believe that culling the paparazzi is a decent choice of lifestyle and in addition to that, there is a decent chance that we can nip the entire “copyright trolling” in the behind before it takes on a size that clogs up the court system (especially in the US and UK). In addition it would not impact players like Getty Images as they tend to remain at the red carpet events, even better (for them) their need might increase over time, or perhaps better stated they will grow the foundation of their workflow and I am not against that, to be honest I think that it will not affect any paparazzi that limits themselves to a decent place at the red carpet line. Those moments are for the celebrities to market their work, their albums, movies and charities.

Even as we can all agree with: “defence in regards to paparazzi copyright complaints remains complex and largely untested in case law“, Mr Chatterjee is right yet I feel that we could try and defuse the situation before it is too late and a long term precedent will have been created.

 

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February 1, 2019 · 12:43

Updates

First of all

So whilst Microsoft is trying to rephrase their weak position through: ‘We are continuing to look at engagement as our key metric for success and are no longer reporting on total console sales‘, yes try to sell that whilst you have been all aggro on boasting boosted numbers for decades. Now that Xbox is about to become the number THREE system, they are running scared. The Nintendo Switch is now at 32 million, which surpasses the previous total number of Xbox One consoles sold, but they are currently allegedly at 41 million consoles sold, which means that there is only a 9 million gap until the most powerful console in the world degrades to the bronze position. Nintendo sold 14 million consoles in the last quarter alone, so that gives light that this is the last quarter with Xbox in the number two position, optionally the last month. Yet, I admit, my expectation of passing Microsoft by January 31st was not met, I was wrong. Yet the total number of consoles sold in the last quarter is still an amazing feat by Nintendo and it also shows that even as I was not correct in the end, my view was a lot better than all the market analysts.

The writing is on the wall.

I personally believe that some analysts have been setting the stage for shorting the stock of Nintendo. The question becomes what the law states. You see, when we look at the definition of shorting stock, the most generic version is: “he or she borrows shares of a company from an existing owner through his brokerage, sells those borrowed shares at the current market price, and pockets the cash“, yet in this case, the premise is not entirely that clear, with ‘he or she borrows‘ we need to consider that shorting the stock was done as a service for a third party, giving rise to the sale at tremendous profits. At present I seem to be wrong, there is no evidence of a setting to allow for a short sell. Yet the predictions that were made last year were so wrong, in so many ways that the overall findings would lead me to this path (there are others too). So is it just me? I would actually agree with this, was it not for the fact that the level of wrongness regarding Nintendo was so profound.

The state last year (Oct 2018) was given with ‘Nintendo Delivers Record Quarter, But Misses Estimates‘, so the stock tumbled a little less than 2%, in all this, whilst within a year the total lifetime sales of the Microsoft Xbox One were completely by 67% at that time, in addition, the software sales were almost globally ruling software top ten lists all over the place. We can argue that the ‘missed estimates’ were so ludicrously unrealistic that the entire matter had to be looked at, now we see the last quarter alone delivered 14 million consoles, which is almost 50% of what Microsoft achieved in sales between 2012 and 2016, four years versus three months, so how were estimations missed?

The puzzlement is supported even further with: “That’s Nintendo’s most profitable Q2 in eight years and a solid increase from the $211 million it booked last year.” It is in that light that I had an issue with the predictions in the last year. From my point of view Nintendo smashed almost every record, yet the stock is not reflecting that, giving rise to a few issues, but as a non-trader and a non-economy educated person, I cannot give the weight to that thought, yet the thought remains.

And now that we are treated to: ‘Nintendo cuts Switch sales forecast despite strong holiday season‘ the matter should be set, yet I am not convinced. Even as we see 14.5 million consoles up to now the last two months are unlikely to give them the 5.5 million consoles they need, they expect to get 2.5 million consoles and that seems achievable. I am not convinced that the 5.5 million consoles cannot be met, merely because Microsoft is on the ropes and there is no marketing, no advertising to reflect that. In this aggressive expansion universe it seems odd that Nintendo is not taking up the gauntlet to that degree.

They drastically improved visibility, especially compared to the WiiU. They have the titles that have a large appeal across the board and the people who do play the Switch love the interactions. In addition the shock news of Marvel Ultimate Alliance 3 and the fact is that it is exclusively to Nintendo Switch is not merely news, it is equally a shocker to Sony as well, as this was the kind of stuff that Sony needed to prevent from happening. The fans (including me) loved the first one on Xbox 360 and as we see the foundation of the original Gauntlet added to the DC and Marvel Universe, we get a game any comic book fan would love to play and nearly everyone that was one did and loved it. So to get this exclusively to Switch is a dealmaker as well as a record breaker. I doubt that this game will be out in time to get the next quarter sales up to the degree it needs to be upped, but it will soar sales of Nintendo yet again (optionally not in time to make the 20 million marker).

So did Nintendo do it wrong? I am not convinced, they made huge mistakes in the WiiU era and seemingly repaired all those flaws in the Nintendo Switch stage, no matter what estimates were not met, we now see that Nintendo Switch has gotten to 45% mark of the PlayStation 4 lifetime sales in under 2 years which is quite the feat as Microsoft got nowhere near that result, ever!

In second place

This is given to us by the Guardian (at https://www.theguardian.com/world/2019/jan/31/italy-slips-into-recession-for-third-time-in-a-decade-economy) it is in the setting of the same wall with more writing. It was to be expected as Italy has a whole range of economic anchors and downfalls. Yet I had hoped that Italy would have been able to stagnate their economy; alas they do not get to be that lucky and recession is the result. The problem is that this could also adversely affect France at present. It is (according to the Business Insider) yet at present the recession there is most likely, yet not a certainty. No matter how it wields, the French President will have to make a few committing jumps on several levels and as the stage between the US and the EU is polarising France will be on the side of the French needs, which by the way is not on par with American needs, so the Europeans have that to look forward to in the next 5 weeks. It is also the Italian part where we see failings, the Guardian gives us: “The deputy prime minister Luigi Di Maio, the head of the Five Star Movement, said the recession was proof that Europe’s budget rules should be relaxed to allow Italy to stimulate its economy back to growth“, which is the larger mistake. That approach did not work for the ECB and now the EU nations have a 3 trillion Euro anchor around their necks, adding debt will not have any true influence on the economy. the entire spending spree is now to be the anchor that drowns the 27 EU nations sooner rather than later and that is the overbearing part why Brexit was essential, the moment the UK is cut form that, the entire mess evolves too fast for anyone to correct for. The entire mess on four economies, where the one (UK) leaves and two (France and Italy) have merely a recession to offer, which means no options at all leaving it all to Germany who has enough for the ace of spades to be handed to them again and again. Germany avoided recession as it grew by 0.1%, which means that they only defeated the recession on the academic principle. It still means that the German economy is stagnating and that is not a good feeling when you are a German. So whilst we now see a whole parade of blaming the UK on making matters worse through a chaotic Brexit, I merely state that these idiots only have themselves to thank. If they had done something about the lack of transparency at the ECB as well as muzzle Mario Draghi from spending 3 trillion euro’s, money they never had, the situation would not be this dire (as I personally see it). The fact that the Business Insider also reported: (at https://www.businessinsider.com.au/europe-economic-gdp-growth-data-heading-to-recession-2019-1) “Junk bonds went through the roof. Total issuance of junk bonds from non-financial companies (rated BBB) went parabolic, according to Bank of America Merrill Lynch, as more highly rated bonds declined“, it is directly linked to the problem, that market went up by €100,000,000,000 in the last year alone, so this time if there is another meltdown (like 2008) and it happens, Europe will not see the fallout as it happened in Wall Street. No, this time around Europe will be the cause of it all to a much larger extent, so the impact on Europe will be beyond disastrous. Whatever quality of life there is, the Europeans can kiss it goodbye for decades. They could quite likely desire the time of harsh austerity, how is that on forecasting quality of life?

In combination

The EU is in a bad place and it has been reflecting all over the place. You see, last November we were treated to: ‘CPPIB is shorting $750 million worth of EU stock, making it one of the most active short-sellers in Europe, data show‘, more important, it gets an added “Unusual in that Canada’s biggest pension plan also tends to hold ‘rather long-term’ positions“. It seems a perfectly valid place to be in, especially when we see that so far that pattern seems valid. We see the additional “the CPPIB has nearly doubled the number of its disclosed short positions since last year, to 23 from 14. That places CPPIB 14th on the list of the most active short sellers in Europe“, as stated before, I can see the presence, and in this case I cannot explain it (merely because I am not knowledgeable enough to do so). Now, as we see the recession hitting Italy, followed by France soon enough, we might see the reflection on how the gains for the CPPIB could be one of the most profitable ones they have ever had. Even as there is still a little doubt, the firm holding ‘$356.3 billion in assets’, might soon be growing to a half a trillion wealth management colossal. With the positions becoming winners as Talend SA, Wirecard and PostNL falling like a brick in free flight, we see that the CPPIB is lunging forwards through growth (for now).

When we see the impact markets where the fun of wealth comes through the investing towards the gloom of failure, there we see profits soar, profits for those selling short that is. This is not the end or the beginning of the end. As France is setting the stage to move directly into a recession we will see more and more short selling profiteers and as France stumbles, the eyes of all will focus on Greece. Even as we are given ‘Greece moves towards ending austerity with rise in minimum wage‘, it is hard to predict the outcome. It makes perfect sense to do this and when you realise it is significantly less than half of what an Australian would get over that same period. It makes us wonder how the Greeks had been able to keep themselves alive. I personally hope that the view of Alexis Tsipras works out the way he thinks it will, the case is viable, and will it work? Only time will tell at present. Yet it is also a dangerous place. That is seen with: “A glimmer of light emerged on Monday as borrowing costs on 10-year bonds dropped to a four–month low and Tsipras announced that the government would imminently be issuing a five-year bond“, we get the logic of essentially needing to borrow, but Greece is in a much too dangerous place and those bonds could backfire in a terrible way, I believe that the bond issuing was done too early, in a time when there is still too much to lose. In that I actually hope that I am wrong, yet my track record towards predicting these events have been too often on the nose and that worries me to no end.

In this Bloomberg view supports mine (at https://www.bloomberg.com/news/articles/2019-01-07/all-the-risks-besieging-europe-bonds-are-spilling-over-into-2019), the headline ‘All the Risks Besieging Europe Bonds Are Spilling Over Into 2019‘ gives that. Even as the view does not include Greece, the overall risk will be hitting all EU nations (as well as the UK). There are two parts to this, the first opposing me is the view “The risk of spillover from Italy is in our view overestimated,” by Arne Lohmann Rasmussen, head of fixed-income research at Danske Bank A/S. Both that as well as the positivity that he thinks that Spain brings is set on realism, the man is a professional, let’s not forget that. Yet on my side we see: “What happens in Italy is still likely to be felt in its Mediterranean peer, albeit not to the extent of the euro-area debt crisis earlier this decade” this is the Goldman view and I believe t is more accurate, more important the doubt and worrying nature of these investors will make them sketchy and shift happy on a few levels, so when Italy is hit, France will get a beating as will Greece and it will affect Spain too, depending on their economy optionally a lot less and there we get back to the academic non recession of Germany, that 0.1% in the plus, when that gets hit negatively it will escalate the Mediterranean issues by a lot more hitting Spain for certain and hitting the others harder. It is merely my view, yet I believe it to be the correct one. For how much is unknown, I have no idea and I am not willing to guess. We will see a lot more by the end of March. It is at that point where we see what the actual impact will be, at the point the people will decide to either enjoy a little sunshine or make sure that they can avoid the winter of their bank accounts, in Europe these options have become mutually exclusive, an impact that will hit tourism in Greece and Spain in more ways than one. At least the Greek prediction that their tourism will level off in 2019 is decently realistic, which opposes the view: ““2019 will be Greece’s year,” according to DER Touristik, the largest travel company in German-speaking countries” one that is wishful thinking at best.

 

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January 29, 2019 · 10:56

Does smoke mean fire?

We have all heard the expression before: ‘Where there is smoke, there is fire‘, yet what happens when no fire is found, what happens when certain involved parties are all combined in the need for deception?

That is the question; it is not a direct accusation, as I am not aware of all the facts. I am merely in possession of a whole heap of doubt. The latest is given with: “On Thursday, communications giant Vodafone said it is pausing the deployment of new Huawei equipment in its core networks across the globe. The core networks are particularly sensitive as if they are compromised, mass spying can be conducted across them“, the operative part is ‘if they are compromised‘, there is no evidence, there is no case, it is merely Vodafone sucking the proverbial addendum of America. This comes with the addition of “the University of California at Berkeley and UC San Diego — are removing Huawei equipment and shunning its cash. They apparently don’t want to lose funding under the terms of last year’s National Defense Authorization Act (NDAA), which banned federal funding recipients from using certain products and services“. The mess is increasing and the whole fiasco is all connected to the fact that there is no evidence. At least with Alex Younger (MI6), the premise was that no government should be allowed to be in an optional point of weakness through foreign technology. I do not believe that was the cleverest step to make, but we can argue that it should be seen as a valid national reason, which is fair enough.

There is of course concern in opposition and the Guardian gives is (at https://www.theguardian.com/technology/2019/jan/27/huaweis-problems-deepen-as-western-suspicions-mount) with: “Critics say Huawei’s rapid expansion is suspicious. Founded in 1987 and focused on selling telecom equipment in rural areas of China, it has grown into the world’s largest supplier of telecoms equipment and second largest smartphone maker. It operates in more than 170 countries, employing about 180,000 people“. OK, I am willing to give that thought, because there is suspicion on that level, yet there is also Facebook, it grew to a multibillion dollar behemoth in less than a decade. At least with technology there are supporting investors when they comprehend the technology and it has been clear in the last 10 years that Huawei was ahead of the curve. My initial assessment in 2014 was that Huawei would soon have at least 20% of the mobile market. I was laughed at by several people, now when I remember them of their short sightedness, they seem to react in denial with statements like ‘I don’t know what you mean‘ and ‘Well, you should have communicated it better‘. Although I did state that ‘Huawei will soon have well over 20% of the mobile market‘ seems to have been clear enough. Now they surpass that with a comfortable distance, and they are not done growing. When I initially discussed my $2B IP idea there were only two players. Google and Huawei, now my benefit to only consider Huawei will have a few more tactical benefits as well as leaving me with a larger slice of that cake which I find appealing as well. that is beside the point of me sticking it to Microsoft and Apple to show them how stupid their path of iterative technology was, in addition, if Huawei pulls it off, it will create a very new cloud technology based growth system. they will do so because all these jokers who are hiding behind ‘security concerns‘ will soon learn that evidence is still adamant and the people are finding out that getting sold short for the benefit of specific Telecom operators come with a massive price tag.

So I found a way around it and create a second system that avoids them altogether, that also means that these players will lost on terabytes of data per day making their losses increasingly uncomfortable. I do have an issue with the quote: “Ren went on a media blitz, breaking years of silence to say the company has never engaged in espionage on behalf of Beijing. “China’s ministry of foreign affairs has officially clarified that no law in China requires any company to install mandatory back doors. Huawei and me personally have never received any request from any government to provide improper information,” he said” I have no doubt that Ren Zhengfei is speaking the truth, yet I am also aware that someone like Chen Wenqing will never knock on the door of Ren Zhengfei, he will find a way around it and get what he needs in another way. By the way that same picture applies to Gina Cheri Haspel and General Paul Nakasone and their links to Microsoft, IBM, Facebook and Apple. You better believe that they are very much on the same page when it comes to their national security, your rights be damned (when National security is discussed).

So let’s not have that pot, kettle and black conversation, shall we?

Then we get to the trade secret part of it all. Oh, and before you get any crazy idea’s. Perhaps you have heard of how in the mid 60’s Israel, through Mossad acquired (read borrowed) the blueprints from the French and when the ban for Israel was clear, they producing an uncanny identical likeness of the Mirage 5, I believe it was called the Nesher, with technical specifications for several main parts to be as perfectly identical as a fingerprint. We were not really that surprised when it happened, yet what was less known was that some documents in the mid 90’s implied that the CIA was very aware of it all before the operation was completed, which shines a light on their need of what they regard to be a trade secret.

This part is important when we realise that the accusation reads: ‘conspiring to steal trade secrets from T-Mobile US Inc.‘. The question is: ‘What Trade Secrets?‘ You see Huawei is a lot more advanced than T-Mobile. Perhaps it is what BGR Media LLC claimed with: “unscrupulous T-Mobile sales reps lie to customers and open lines on their accounts without permission, all to meet unrealistic sales goals“, which is interesting as this is not a think Huawei does, they merely sell hardware and services to companies, not to individuals. Or perhaps the EFF (Electronic Frontier Foundation) findings with: ‘EFF Confirms: T-Mobile’s Binge on Optimization is Just Throttling, Applies Indiscriminately to All Video‘, so how is any of that interesting to Huawei? So what exactly is the formal brief for the case? You see, the media does not divulge that, they give us all the innuendo but not the facts. And when it comes to the accusation ”Huawei used a Hong Kong shell company called Skycom to sell equipment in violation of the US sanctions in Iran“, which might hold water (I actually do not know), yet if the US is unwilling to set that stage by “The U.S. has agreed to let eight countries — including Japan, India and South Korea” to let the Iran sanctions be waived, why are they so specific? Is it merely because their financial and economic setting demands it? How is that proper sanctioning? All that, whilst the media at large is not making any mention of the other 5, we need to see that the entire Iran Sanction is to be seen as a cloak of corruption, if that was not allowed, the oil price would suddenly soar and at that point the US economy would be in deep drenching goo, is that not an interesting side as well? Or perhaps a better clue on how Cisco, Sun and HP equipment makes it to Iran without any hassle, an event that has been going on since 2012, so in all this, the entire Huawei discrimination debacle reads like a joke.

to be quite honest, if there was an actual security issue, I would go after Huawei without a moment’s hesitation, I know I can best Director Igor Kostyukov (GRU), yet going after Chen Wenqing, a man who eats, dreams and lives by the Art of War and optionally one of the few people on the planet whose eyes have seen the actual original version, he would be a lovely challenge for the likes of me. I am no Steinitz, Karpov, Kasparov or Carlsen, but I could be a crazy Bobby Fischer, he’ll never see me coming! (OK, that was my ego talking for a second).

You see, I look beyond the data, beyond what people and politicians hide behind and the entire Huawei mess is a political play of nepotism and fear, because those getting momentum in 5G will set the pace and win the race, that is what America fears it was that simple all along. That truth is easily found, the orchestration (read: rigging) of what would be global 5G rules and the FCC of setting a different stage, the non-accountability of AT&T in all this and that list is growing almost on a daily basis, it gets to be more interesting now that the Democrats from the “Leaders of the House Energy and Commerce Committee sent a letter to the Federal Communications Commission today demanding information concerning possible coordination between FCC officials and carriers in an ongoing legal fight” (source: the Verge) and a few more like them. In the last 15 days we have seen more orchestration and the setting of the stage with specific judges, to get a more appealing situation, when we see that part, we see that the technology gap in America is a lot larger than we think and it is setting the stage of fear against an advanced players like Huawei on an almost exponential growing path. America has seemingly no other optional left. That is why I saw from the beginning that places like Saudi Arabia could fuel exponential growth in 5G and making Huawei larger by the day. It also fuels the growth path back to Europe, because the moment Huawei proves that they have the good stuff, the EU will chose profit over short sighted American policies, because those policies do not pay the bills, profit does and the EU is desperate for any profit it can get.

Consider the billions of value of those networks and the billions of revenue that these networks make in addition through information, advertisement and data collection. America is starting to lose out because they were asleep at the wheel for close to 3 years, it is enough to miss out on an entire technology generation. That is the danger that iterative technology brings. For now I merely wonder what Google can do to stay ahead of it all, because their lives depend on the technologies that Huawei has, when Google search becomes less and less at the point of the spear, merely to be laughingly called Bing v2.1, how do you think Google will react? They optionally have the path to equal Huawei in a new network facilitating stream giving them additional revenue in a new dimension. We might initially think Saudi Arabia and Neom city in the pilot stage, yet that could so one thereafter evolve towards London, Paris and other places to grow strong and fast, because in the end all these policies sound nice, but they all forget the number one clause required. It all requires users and that is the part both Google and Huawei figured out a decade before the sheep (read: IBM and Microsoft) started to get a proper clue.

Too many intelligence wannabe’s focussed on Mark Lowenthal’s Intelligence: From Secrets to Policy, which is an awesome book, and when you consider the simple: “on how the intelligence community’s history, structure, procedures, and functions affect policy decisions“, which is also an absolute truth, yet behind what you would like to have, these people all forgot about the consumers and what they demanded to be their right, that is where their gravy train became another Titanic and the greed driven path went not by one iceberg, but it steered towards one every other hour making it a wreck in the making, the entire 5G debacle in the US is no difference in that regard and I will be around to laugh at those in denial thinking and parroting ‘security concern‘ on all the media without any proper cause or evidence to show for it. Oh, and I am not the only one, a whole score of cyber experts are on that same path, so I am not alone in seeing through the media stupidity, merely seeing on how much bigger experts like me are totally ignored on several levels giving merely the rise and early expectation to someone screaming in some policy department ‘Iceberg dead ahead‘, whilst none of them are qualified or sanctioned to alter course, going straight for the natural Whiskey coolant.

Life can be exceedingly entertaining at time, but for all the tea (and Huawei mobiles) in China, I never expected them to be this hilarious. Sometimes smoke is not fire, it is the steam of a ship striking an iceberg and going down. For those on that ship do not worry, the direct path to land is only 3800 meters away (straight down).

 

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