Tag Archives: United Nations

Oh boy, there was more

It all started 4 days ago when I wrote ‘I honestly don’t get it’. I comprehended the stage just fine, it is the lack of comprehension of greed, what people will do to fill their own pockets at the expense of everything and everyone. You see Basel III was published in 2010 after the first meltdown, it was extended to 2015 with extensions going as far as January 2023. So 13 years and the whining bitches (aka banks) still will not learn. SVB is merely one example and the actions by congress made perfect sense. Now we have Credit Suisse and the setting changes.

It now needs (and apparently just received) 45 billion to be ‘secured’. This is a little more than the national budget of Qatar which is 53rd on a list of national budgets with 228 nations with on last place Wallis and Futuna. To give you a better picture, it is twice the amount Oman has for its citizens, they are in 68th position. They need THAT MUCH money. The issue is that big and do not talk to me about journalists or those clowns at the ICIJ. They are all about their Pandora papers and what a joke they are. 

You see, I stated in the first article the Common Equity Tier 1 (CET1) and now we see the BBC give us (at https://www.bbc.co.uk/news/business-64964881) giving us “After Credit Suisse shares plunged on Wednesday, a major investor – the Saudi National Bank – said it would not inject further funds into the Swiss lender”, it matters and I will get back to this. In the mean time The Guardian gives us “The bank had been forced to delay the publication of its annual report last week after a last-minute call from the US Securities and Exchange Commission relating to what Credit Suisse described as the “technical assessment” of revisions to cashflow statements going back to 2019. The bank said those discussions had now been concluded” I believe it is more, I personally believe that was why Yellen got involved in day one. I think the SVB and others have too many bonds and they are not ready to mature yet and with interest up these things are making banks bleed money and they are bleeding a lot. You see, there is an estimated total of TWENTY THREE THOUSAND BILLION DOLLARS in US government bonds floating around and I reckon the SVB and Credit Suisse are now in levels of pain, they had too many of those. As such the outstanding part, not merely these two represent $23,000,000,000,000 and no one can cover it they are all stretched beyond thin. This is what I expect is happening and I warned for this as early as 2016, there is a point of no return and the banks are way past that. Putting your IP in the USA is about to become one of the most expensive jokes tech firms have faced in well over half a century.

Could I be wrong?
Yes, that is the case, but that can be tested quite easily. You see, if you make a tally of where all these US government bonds were and you set that tally in a mineable solution especially with pre 2016 and past 2016 when Dodd-Frank got cancelled you will learn a few things and this is what I saw on day one, but weirdly enough the media is not going there (neither is the ICIJ), so you get to wonder why.

Oil in the family
now we get back to the Saudi National Bank. In this I agree with Saudi Energy Minister Prince Abdulaziz bin Salman. Oil is a commodity, there is no cap, if you need oil more and more, you are working from the wrong business plan and if that relies on exceeding your budget by over 30 trillion dollars you get what’s coming to you. In addition I would add the Republican Party making small talk stating that they need to pull away from Ukraine, I lose the little sympathy I had left for them. The US has slammed Saudi Arabia again and again, in some cases with the assistance of a United Nations essay writer. There is only so much people will take. They had the option to help Saudi Arabia create a nations defence strategy, they bailed out and now China is there. They made fake promises and most were not kept and now we see banks asking Saudi Arabia (in Oliver Twist style) can we have some more please? 

As such we see event after event and now that things are on the rails, the train has speed and they just ran out of rails. This is early and before I expected it, but I never considered the impact of Russia being stupid and attacking the Ukraine, it merely escalated things. 

America has two options, does it become part of China or part of Russia. It seems that the Republicans want to be part of Russia, the rest I do not know, but we are now in the process of the final financial act. And my evidence? Investigate the CET1 setting of EVERY bank (especially the two in trouble) and then look at where the bonds are and how many of these bonds are/were with the SVB and Credit Suisse. I have no doubt they both have too many. Then consider Basel III and see how many banks hold up at that point. They were warned for 13 years, so let them rot, let them collapse and let the investors and share holders take the fall and live life in minimum wage. 

And in all this, too many of the media are all about flaming and not doing too much about it, merely pushing towards bailouts. That time has gone as I personally see it. 

All whilst the Australian Financial Review gives us a mere 45 minutes ago “The failure of Silicon Valley Bank has exposed fresh divisions on Capitol Hill over banking reform, as US lawmakers from both parties trade blame for the lenders’ collapse and squabble over future legislation to shore up the financial system” squabble on something that was shown 13 years ago. Still think I am wrong? 

Enjoy the money you have, there might be a lot less soon enough.

Advertisement

Leave a comment

Filed under Finance, IT, Media, Politics

The first letter

Yes, sometimes the connection between articles is merely the first letter, it is what connects Aramco and Amazon. I had several articles to look at but they both started with the first letter. The first article is about Aramco. 

Aramco
The article (at https://www.bbc.co.uk/news/world-middle-east-64931074) gives us ‘Aramco: Saudi state-owned oil giant sees record profit of $161bn’ in this, I can tell you right upfront that there are days that I have nowhere near that amount in my wallet (weird eh?) Even as we are given “Aramco rode the wave of high energy prices in 2022,” said Robert Mogielnicki of the Arab Gulf States Institute in Washington. “It would have been difficult for Aramco not to perform strongly in 2022.” We might think all kinds of things, but the one that matters is missing. You see, the world removed Russia as a delivery agent of Oil and after that the choices were rather slim and Saudi Arabia was a natural first choice. But then we get a small stab. It is seen with “Aramco – the world’s second-most valuable company only behind America’s Apple – is a major emitter of greenhouse gas emissions that contribute to climate change”, which might be correct, but was it not America and England begging like little chihuahua’s to deliver more oil cheaper? Would that not be a contributing factor to the emissions? So when I see “Responding to Aramco’s announcement, Amnesty International’s secretary general Agnès Callamard said: “It is shocking for a company to make a profit of more than $161bn in a single year through the sale of fossil fuel – the single largest driver of the climate crisis.”” Another partisan response from everyones United Nations joke Eggy Calamari. The individual who seems to be a Saudi hater right of the bat, like her best friend who is a Guardian ‘investigative’ journalist named Stephanie Kirchgaessner. I have written several pieces in this in the past. You see, Eggy can yap like the chihuahua she is all she likes, but lets see what happens when Aramco lowers output by 20%-30%, what BS ballad will she utter then? And towards the Guardian, like the BS articles on private jet owners. The Environmental report a little over 1 year back, when we were given that 50% of all damage came from 147 facilities in Europe, who of them spend any time looking into that? 147 facilities creating 50% of the damage, now that does not put Aramco in the clear, but they are not alone in creating climate issues, but leave it to these two individuals to spin BS. In the meantime lets see what happens when the Saudi government decides to shut the valves if that Calamari individual does not clean her act. Just a thought. Then we get “Saudi Arabia is the largest producer in the oil cartel Opec (Organisation of the Petroleum Exporting Countries).” Now this is true, yet the larger truth is that Saudi Arabia is not the greatest producer in the world, that is the USA by a fair amount. As such the Calamari shit becomes a debatable issue on a few sides. As such we need to consider what the Saudi government does when it had enough, when they close the taps by as little as 5%, there will be widespread economic issues for both the US and EU, as such we need to start looking at the actual image, not the image from some hating dodo in the UN building. 

As such in the first yes, Saudi profits are up and the war has something to do with that, but mainly because people stopped buying Russian oil, so how much more oil did Aramco sell because of that? Oh and tanks are expensive they need 3 gallons per mile, how far does one tank go? Now consider that Ukraine has over 400 tanks. That implies 1200 gallons per mile and the war has been going on for over a year. They are not guilty, neither is Aramco. Russia started that event and they are still playing that game. So when we take a look at the bigger picture, Aramco has a commodity that everyone needs, everyone wants and most of them desire. Prices go up especially when Aramco has 100,000 barrels per hour (simple speculation) and each hour people are trying to buy 125,000 barrels. It is a simple economy and it as in place for several decades. So stop whining like chihuahuas and either come with an alternative, buy less oil or shut up. That is my simplistic view on the matter.

Amazon
The second article touches Amazon. I saw it (at https://www.thegamer.com/nobody-wins-if-amazon-luna-succeeds/) it was a debatable article from beginning to end. I have personal connections here, as such, I am a little biased. The title ‘Nobody Wins If Amazon Luna Succeeds’ was like a red flag to a bull. It is wrong on many levels. You see we all win when Luna succeeds. Luna is the beginning of a new stage in gaming. Streaming gaming can up the ante for gaming in many ways, I have written about it several times. It allows for much larger games, it allows for more versatile games and for an evolving game line. Now this is all possible on a PS5 (a console I love), but only in limited way at present. Nintendo cannot go near this because it is limiting in other ways. Still the Nintendo Switch is a system I love and now that Metroid Prime remastered is released I play it a lot more than anything else. That too is gaming. After 21 years Metroid Prime is just as addictive and beautiful as it ever was and I still claim that no FPS can get near this game, this game is a reason to buy a Switch, even as aSony fat with my PS4 and PS5 I make that claim. Gaming is seen in many stages and many ways and the Luna is merely the next wave towards gaming. The next issue is “Amazon Luna and Google Stadia have the same problem – there simply aren’t enough games to guarantee success” that is a mistake that both Amazon and Google had, I set the premise to almost guarantee 50 million subscriptions (one essential rule comes into play) and they had the option to win this, but Google dropped the cloth and evicted the stage, now Amazon has the option to rule it all alone with plenty of games too, so whomever is making that claim (a Tessa Kaur), she is not looking at the field, there is a lot more and some makers had a starting advantage, but apparently they squandered the advantage and now indie developers could end up with the larger stage. So as we get to “It’s the same with game hardware – they’ll discontinue the PlayStation 4 one day, I won’t be able to repair it when it gasps its last gasp. That will be that, all my games will be unplayable.” We get the first element. The article mentions NOTHING about Microsoft, why is that? Yes, they will discontinue the PS4 at some point, yet at present I will have had a PS4 for well over 11 years and several of these games can be played on the PS5, so I could have that one game for another decade, that part is missing too. The element also missing is that any streaming system will need a proper 5G connection, in many cases there are issues with 4G and 5G is still in a deployment stage in some countries a hell of a lot more then in others. The other element missing is that streaming gaming sucks in rural areas which amount to well over 35% of Europe. We do not see that either. I believe that the Luna is the next generation and with a fully deployed 5G it becomes a hell of a lot better and when developers start thinking of streaming as the ultimate goal, not some game that ALSO plays on the Luna, the game changes a lot more in favour of the Amazon Luna. Streaming is the future and we are only seeing the start of it at present. Microsoft is making their Xbox cloud gaming claims and they are hopelessly lost. Even as they are betraying their population, even as their consoles are not getting it done, they stand to lose a lot against Sony (console) and Amazon (cloud) and that is their real fear. Google might have bailed, but that doesn’t mean that Amazon will too, they actually have a few additional options that they might not have considered yet (speculation on my side). And that is where Apple comes in. If Apple (in their own way) starts in this field, Amazon will have a tough opponent. Microsoft is hopelessly lost and when Apple comes into play they will be doomed. But that is for 2024 I reckon. So far I have faith that Amazon will deliver in the end and create forward momentum in cloud gaming. They need not spin anything, they merely have to create the titles and the population, a setting they have a better hand on then Microsoft ever did. But that is merely my view on the matter.

Leave a comment

Filed under Finance, Gaming, IT, Media, Politics, Science

That awesome moment

These moments happen to us all, some we see the moment we see them, some we see after a while when things sink in and there is a third option, but we need not think of that. This afternoon I was confronted with the first one by no one else by Arnold Schwarzenegger. That terminator, the Governator and he became so much more over time to so many of us. The man is a legend in his own time, optionally one of the most amazing governors in the history of the USA. And a lot of these actions were done before and after he was governor of California. To call him an actor is like referring to a Rolls Royce, a Bugatti, a Ferrari, a Aston Martin or a Bentley as a simple automobile. Some things cannot be defined, cannot be dimensionalised and we are all good with that, some exceptions break the consideration of any shape. We all get that (if not you need to brush up on things). 

So it all started with a Tweet (at https://t.co/P0VCDqPeb6) there we see the governator, slightly posh with all that silver in his beard. He gives us an interesting approach to stop hate, it takes 12 minutes and listening will be the best 12 minutes of this month, no exceptions (unless you got lucky with Laura Vandervoort). He talks about giving into hate and it was amazing. The man is so eloquent that he should be the US ambassador to the United Nations. Let me emphasise here that this is no reflection on Ambassador Linda Thomas-Greenfield. I do not know her and I mean no disrespect to her. When you hear the words of Arnold they will hit you deep, much deeper than you think and that is the effect of a person like this. This is why he is so rare and legendary unique. 

So my Monday involved an amazing moment that I never saw coming. I do not give into hate, but the reminder that not doing so is not the easy path felt good, very good. You see, I had been noticing Islamaphobia to the larger extent in the US, Europe, and commonwealth nations. It is higher now then it was during the first crusades in 1095 and that is saying something. We were actively trying to kill one another. Christians as invaders and Muslims as defenders, all due to Pope Urban II and his posse of greed driven exploiters. Something needed to be done and I created IP for that approach. The fact that it impacts Facebook, Google and optionally Amazon is merely a side effect. For me that video was in part learning, in part confirming that I was right all along and in part in awe as I saw yet another side of Arnold Schwarzenegger. So be clever and watch those 12 minutes, the link is also given by YouTube (at https://www.youtube.com/watch?v=jsETTn7DehI). Even as he focusses on anti-semitism he actually addresses all kinds of hate and he does it well. So watch and learn, optionally a lot. Those 12 minutes were truly an awesome moment.

Leave a comment

Filed under Media, Politics, Religion

The unsettling realisation

There is a stage we all see, it is not the same for all. We see it, but the words do not completely come, there is a sort of disjointment between what we see, what we perceive and what we think is right. It was all over the field when it came to blow in my mind with a Reuters article. Weirdly enough they gave the pieces, the missing pieces to form the new image, an image I did relate to and as such the article becomes a reality.

The article in question is the article (at https://www.reuters.com/technology/elon-musks-twitter-suspension-journalists-draws-global-backlash-2022-12-16/) giving us ‘Elon Musk restores Twitter accounts of journalists but concerns persist’, you see, the elements start with “The reinstatements came after the unprecedented suspensions evoked stinging criticism from government officials, advocacy groups and journalism organisations from several parts of the globe on Friday, with some saying the microblogging platform was jeopardising press freedom” My initial response is that if these idiots did their job, their proper jobs, their credibility would not be on level -23. They did this to themselves. 

When you whore for digital dollars there in a consequence. In addition players like the NY Times print not properly vetted information (see one of my previous articles on the subject). The press does not bring freedom. It brings us filtered information. Information that is approved by share holders, stake holders and advertisers. So stop talking about the freedom of the press. Start doing your bloody jobs or become Uber drivers, they have a shortage at present. So when we get “A Reuters check showed the suspended accounts, which included journalists from the New York Times, CNN and the Washington Post, have been reinstated.” We do not get a clear picture on why certain issues happened, in case of the NY Times I could speculate but this is larger. These people REFUSED to do their jobs when there was time to openly ask Jack Dorsey for answers, there was time to give a clear response towards a stage where a company was overvalued by close to 100%, but you did not do ANYTHING, did you? 

And for the man blocking Elon Musk with a facial covering with license plate CJ82G38? Did you do anything, did you report on who the man was, was the car stolen, was there anything? No, you merely try to collect on digital dollars, didn’t you? 

In that same setting there is an issue with “The German Foreign Office warned Twitter that the ministry had a problem with moves that jeopardised press freedom.” We get that, but when the press isn’t taking its ‘responsibilities’ serious, should we give them any consideration? And with that we get the second part that rubbed ME the wrong way. It was “Melissa Fleming, head of communications for the United Nations, tweeted she was “deeply disturbed” by the suspensions and that “media freedom is not a toy.”” Well, see what pot is calling the kettle black. The UN made its own bed with stupid settings regarding Jeff Bezos (an anti-Saudi stage) and a few others. If the United Nations actually get things done and focussed on areas like Syria and Yemen and got communications on Houthi terrorist events started the people might get informed at some point. For example the Middle East Monitor gives us “The US Special Envoy for Yemen, Tim Lenderking, said on Wednesday that the Houthis’ “maximalist demands” had hindered UN efforts to renew a six-month truce in the country that ended in October.” As such, these so called ‘culled’ papers. How much did they expose to the public of this? I think that Miss Fleming has other problems and making sure that the Press covers the actual news might be a clear first. It comes with the stage where she claims that media freedom is not a toy and it applies to the media just as much, in case she forgot.

So, I got that off my chest. You see, I cannot see if Elon Musk is guilty of anything at all, because we keep on getting one sided news from the media and they have no credibility left (as I personally see it). 

I will let you consider who is correct and consider what you are shown, and what is trivialised by the media.

Leave a comment

Filed under Finance, Law, Media, Military, Politics

The colour we paint ourselves with

That is thought behind my accusation towards places like News dot com dot au. It starts innocent enough. The headline ‘Saudi Arabia seeks to spend 60 billion in gaming’, my initial thought being “If they give me the $50,000,000 post taxation with a few additional items I asked for they will get a lot more than they bargained for and the option to make 1200% on investment in the beginning and many times more over the years that follow”, but I am awaiting a response from their consulate at present. The article (at https://www.news.com.au/technology/gaming/saudi-arabia-seeks-to-spend-60-billion-in-gaming/news-story/64862d5632f6af3b658d61579e3f4c59) gives more, but not that, merely innuendo and targeted guesses as I see it. It is “The announcements came from Crown Prince Mohammed bin Salman, who is involved with, and believed to be one of the architects behind, the ongoing civil war in Yemen, and who is also considered by many to be responsible for the assassination of journalist Jamal Khashoggi” that got to me, so lets give the idiot (aka Junior Miyai) a little history lesson. As such “the war began in late 2014 mainly between the Rashad al-Alimi led Yemeni government and the Houthi armed movement, it was the lawfully elected president Abdrabbuh Mansur Hadi who called for help. Saudi Arabia and several other nations came to the aid of Abdrabbuh Mansur Hadi, so Saudi Arabia was involved, but was NOT the architect, the architects were the terrorist factions of Houthi forces with FULL support of Iran. A fact that many western media have been shunning to report on for a long time

Then there is the accusation of “and who is also considered by many to be responsible for the assassination of journalist Jamal Khashoggi” there we have the false and foul reporting by western media on many fronts, the United Nations was equally guilty of accusing the crown prince through an UN essay by some French person and several parties ignored essential claimed evidence, which was never tested and the involved parties were very intent of NOT mentioning that. 

It gets to me because this was about gaming and it is nothing more that a political hatched job. And like the virtual blowjob that we get from these media players, which means that there is no blowjob at all. We are given “including an acquisition of a “leading game publisher””. But we are never given the who, merely that $20,000,000,000 is merely implied, there is no real information here, there is also real information, mere references to FROMSOFTWARE, Elden Ring, Sony and it all seemingly makes it an article, seemingly being the operative word. It is a hatchet job to keep the name Khashoggi alive, a person no one ever gave a fuck about, well perhaps less than a dozen, to some extent. If anything the writer shows how obsolete and worthless the media has become. And it is not merely the writer, this went past an editor and others, and they approved this, so what about them? Well I have a few ideas but they will have to wait until the Kingdom of Saudi Arabia buys my IP, it will be so worth it to see their margins of profit flutter away.

It is merely my view, but I have written several articles on that columnist with added views on the UN report and other parts, I am too tired to repeat it all, you can find it by searching “lawlordtobe + Khashoggi” in Google, have fun! Oh and if there is any media out there who actually knows what software house they are buying for $20B, I feel certain that there are plenty of gamers who would love to know. I reckon it could be Ubisoft, but they are paying way too much for that place. 

Leave a comment

Filed under Gaming, Media, Politics

The size and shape of a stage

Yes that is at times what we face and it was weirdly enough Yahoo News that got me there. Their article ‘Biden’s Saudi Arabia trip denounced as ‘frightening and enraging’ by dissidents’ (at https://au.news.yahoo.com/bidens-saudi-arabia-trip-denounced-as-frightening-and-enraging-by-dissidents-140526416.html), and yet the small part ignored is that a dissident is a person who opposes official policy. So as the US is trying to make nice with the people they need, they are hindered by the people they do not need. So when we see “the street was in front of the Saudi Embassy, and its new name was Jamal Khashoggi Way.” So in all this, how much hay is being made by a nation (Brazil) where 100% more journalists were murdered in the last week? There is a lack of the 78 million articles, a lack of some CIA report (via the UN) that it is highly likely, there is a need to paint one person white, the other person black and hoping that no one will notice that Al Jolson was not African American. That is a stage we see, that is a stage people play for and we are caught in the middle. You see, the report was dubious in a few ways. It does not make the Kingdom of Saudi Arabia innocent, but it clearly shows that Crown Prince Mohammed bin Salman Al Saud is not guilty. And this all takes a harder sharp turn because the person no one (well almost no one) gives a hoot about was a columnist for the Washington Post. And the setting merely escalates from there.  

So as we see the pressing need for the US to postpone its dollar default for as much as possible, it needs business with the KSA (it is close to the only one who can afford this), they need the oil from them to be cheaper, because the US does not have enough and they all need it yesterday and the people who opposed official policy are trying to make that impossible. 

I have nothing against dissidents, some are validly so, some are to make a quick buck and get out of the mess they were in. That first group needs consideration, yet beyond them getting out they need to realise that if the dollar defaults they could end up back in Riyadh and how will they fare then? So now we get Bethany al-Haidari of the Human Rights Foundation, who gives us “Now she is worried that Biden will be sending to authoritarians around the world the message that political expediency trumps core conviction. And while that may always be the case in the world of realpolitik, the images sure to emanate from Riyadh will starkly contrast the divide between American values and practices.” It is a valid point, yet the validity is under fire from the setting of values and practices where social commitments have lost to the profits of big business. And the US government is not innocent here either. I spoke out about the essential overhaul of tax laws 24 years ago, they all called me crazy, it would sort itself out. And now? The US national debt has surpassed the $30,500,000,000,000 They are now well over $5,000,000,000,000 past the point of no return. At this point they need to reduce debt by $500,000,000,000 per year and it would still take 3 generations for the debt to become manageable. What do you think will go out the window first? Values or practices? A setting where the larger gain for the US will be Elon Musk, they know it and that is why they hate him. Mobile and energy power in the hands of one man, one man who is seemingly a lot more clever than Bill Gates and Larry Ellison combined and one generation later.  The politicians are scared, they opened a door they refused to close and now they are setting down with a mess all over the place, because they could not adhere to values and they are left with the practices that re out there at tax laws that are still unadjusted. 

The USA is about to become a mess for well over two generations and the media is silent, because they want their digital dollars, it is all they have left and it does not adhere to values, merely to the painting of flames and flaming targets. Elon Musk can wait until desperation takes over, Google, Amazon and IBM can wait and over that time Microsoft will merely become more desperate to spin their failures. Big tech in a world that merely adheres to the practices that they can adhere to for their board members and share holders. That is the world that needs to appease  to either Bethany al-Haidari or Crown Prince Mohammed bin Salman Al Saud. I reckon that the Bethany al-Haidari in this world are figuring out that they will be getting the short end of the stick, one that was handed to big business, not merely big tech. And Biden might be the last president before the Dollar buckles completely and the US becomes a third world nation. 

Are you depressed yet? 

Good, you need to see what is coming and for the longest of times, even as the media is trying to spin that all is well, all is not well and all is getting worse. As I stated, I do not give one hoot. It was clear to me when I saw the UN report that this was a hack job, that this was a well articulated magician’s trick and in the end how much visibility did we see on the 42 murdered journalists in Brazil? Journalists, not some columnist. And that is before we realise that Turkey has it own skeletons in their closet and when that gets out in the open we see the media is not indifferent, it is and has been actively hostile towards the Kingdom of Saudi Arabia, as such the Kingdom of Saudi Arabia can take its time and wait and watch the US go under one step at a time and at present quicker than several months ago. That is the reality, that is the impact of what some call realpolitik. It sounds nice on paper, but realpolitik is all about the practices, especially those who bring profit, values be damned. But the people who are lulled to sleep will see and face that part soon enough. 

So consider what you read and do your own research, do not take my word as gospel. I try to be as honest as possible, but I too adhere to practice more than value. I accept values and I admire those fighting for values, but in a place with 30 trillion in debt values will not last long, because every politician will see revenue as for the good of all and in that world people like Elon Musk are the options of tomorrow and no one has a better plan, because when that was an option the flaccid politicians saw it was easier to call me (and others) crazy and not in touch with reality, and that was not that long ago, these same people will now hide behind “It is difficult, it is a complex situation”, you tell me how I could see what was coming and I do not have an economy degree. I have three degrees, none in economy.

Enjoy your Friday and try to have a little fun.

Leave a comment

Filed under Finance, Law, Media, Politics

The needy, the greedy and Dopey

Yes, a reference if ever there was one. Yet in the stage of an article that was the thought that hit me a second later. The article came from the Guardian titled ‘Fossil fuel firms ‘have humanity by the throat’, says UN head in blistering attack’. The article (at https://www.theguardian.com/environment/2022/jun/17/fossil-fuel-firms-un-head-antonio-guterres-blistering-attack) gives us all kinds of ‘information’ And we pause when we see “Fossil fuel companies and the banks that finance them “have humanity by the throat”, the UN secretary general has said, in a “blistering” attack on the industry and its backers, who are pulling in record profits amid energy prices sent soaring by the Ukraine war.” Yet the truth is not really that profound, is it? We can blame the oil dealers, but the truth of the matter is that for well over 20 years governments were dragging its heels in the investment that was essential for their nation, The US, the UK, Commonwealth nations, EU nations. None of them are without blame. And as such United Tony goes on a ramble of blaming. And with “They exploited precisely the same scandalous tactics as big tobacco decades before. Like tobacco interests, fossil fuel interests and their financial accomplices must not escape responsibility.” And where were the governments? Filling their pockets on that taxation. But that is something we do not get to see either is it? For centuries the world created a commodities environment and that should have stopped 30 years ago, or should have been deflated 30 years ago and now that the hole is deeper than one thought the blame game starts and the pointing fingers commences in earnest, but if you want to see the guilty party you only need to look into a mirror. 

And in the USA, where we see average diesel prices at $5.798. In November 2020 is was $2.462, in May 2008 it was $4.723, In June 1996 is was $1.179. This was a volatile market to begin with, there were clear warnings in 2008, which was 14 years ago and the 12 years before that there were more indicators. So where was the United Nations then? Where were the politicians then? So the tantrum the Guardian is giving us sounds nice, but the lack of actions is overwhelming as such we could go with the blame on ‘fossil fuel producers and financiers’ yet in all this where were the politicians, where was the media? The same media that shorted an EEA report that CLEARLY showed that 50% of ALL pollution was created by 147 facilities and I illuminated that in earlier articles, where was the Guardian at that point where its reporter was eager to blame all those jet owners? 

As such United Tony should get contemplate a decent grip on reality. 

So whilst we now see “The Guardian understands Guterres has been incensed by the recent behaviour of fossil fuel companies, which have been reaping a bonanza from energy prices sent soaring by the Ukraine war. Much of these bumper profits are likely to be invested in fresh exploration and expansion of fossil fuel resources.” All this with an earlier jab towards Saudi Arabia and the ‘need’ for President Biden to go there. Yes, there is a splinter of truth there, but the larger issues is that oil is a commodity, one many do not have and lets face it. The top three are United States, Russia, and Saudi Arabia. So if the US is one of the three top producers, why does it need Saudi oil? Did anyone consider THAT part of the equation? The US should have limited fossil requirements decades ago, but did they? So why is United Tony ignoring that part of the equation? And then we see the political ‘outrage’ with headlines like ‘Biden Was Always Going to Need Saudi Arabia’ and “Why Biden Needs Saudi Arabia: to produce oil and deter Iran” yet the simple truth is that Saudi Arabia needs to do what is best for Saudi Arabia and the US needs to produce more oil, or set the stage that less oil is required a simple setting that was out in the open for decades. Yet we also see a lack of actions from the United Nations and United Tony to set a clear agenda to LIMIT the need for oil. We see a lot of noise and we saw that for the longest of times, but how much ACTUAL actions were taken? Consider that one of the top three nations is appealing to Saudi Arabia to produce more. We get that he is not going to Moscow, we get that his actions are limited but this is a train-wreck from beginning to end. And the United Nations are a mere sample of Mukimono on the diner table and we need to realise this. 

So when we see “Fossil fuel firms ‘have humanity by the throat’” we want to blame, but who can we blame but our own reflection? So when people ask me ‘What did you do?’ I can say “I never bothered with a drivers license, I never owned a car. I walked nearly every day to and from public transportation” and in over half a century I only desperately needed a car LESS than a dozen times and they nearly all were part of moving day actions. Who else can make that claim? Yes, some call me Dopey for not having a car. Yet I saw people requiring $80 a week just to park the bloody thing, so who is the Dopey? Them or me?

Dependence on oil is a bad thing, but not addressing that need is worse. The politicians and people are mere junkies for the black goo. They can alter the language and give excuses but that is what a junkie does and those who wanted a solution found another way, so which nations have another solution? Yes, I reckon you will not be able to find one, even as New Zealand might be the closest to being one, it is in the same goo, just not as deep as all the other nations. 

It would have been nice for António Guterres (United Tony) to address the needy (US) the greedy (the political players) and tell the Dopey’s (the people) that the first step in addressing this problem is admitting to yourself in the mirror that you have one. Because the people are just as much to blame as anyone else. If you want to make claim that you are not the problem then leave your car at home for a week, for one week do without it. You will be surprised how many excuses you can come up with to grab the car, just like a junkie does. I feel fine, I have been without a car for half a century. So from the time we saw the Morris Marina until the Maruti Swift, I never had any of them. I get that there are times that a car is essential, we all get that, but I throw back at you that this year alone there are 1.446 billion cars, in 1970 the world had 200,000,000 cars. Over 50 years we saw a 723% growth of cars and some are essential, I get that, but 723%? We are all part of that problem, we drove the commodity of oil into the stratosphere and we are too scared (or cowardly) to admit that and the oil producing nations are having a great day, the Ukrainian war is merely an excuse. You see, 50% of that war (Russia) has its own supply and they have plenty. But that part is equally not illuminated. Why is that?

Leave a comment

Filed under Finance, Media, Politics

And America loses yet again

Yes that is the setting. Al Jazeera dos not voice it in this way. They give us (at https://www.aljazeera.com/news/2022/6/11/iran-says-oil-sales-strong-despite-ukraine-war-changes) with the headline ‘Iran says oil sales strong despite effect of Ukraine war’ it shows that Iran basically gets a decent share of $120,000,000 a day, that amounts to $43,800,000,000 a year. That puts them on around the 45th best funded nation. So where are these economic sanctions now? They removed the nuclear monitoring camera’s, where is the action? Let’s be clear, this in not on the Biden administration. Yet their inaction will count against them, Iran is making a jester out of America and the Yanks are letting them. 

Iran is rubbing it in and the quote “Overall, the outlets said Iran has sold 40 percent more crude, oil derivatives, natural gas and gas condensate in the first two months of the current Iranian calendar year that ended on May 21 compared with the corresponding period last year.” And Al Jazeera is kind enough to give us “refraining from publishing detailed figures as the country remains under stringent US sanctions.” I personally do not see that many sanctions, not with a nation in 45th position for budget availability (out of 230). It seems that the US has failed yet again and the failures are adding up and slamming whatever credibility the US has left. It takes me to a side that is not indicative (but could be) on YouTube last week, some might have seen a video of a nightwatch falling asleep on the spot and shooting themselves. Some say hilarious, I think it is pathetic, but that is me. What followed was that someone told me “What if we give every American a weapon, watch them shoot themselves, walk in and call it South Canada?“ The man had a point and I for one had the smirk to consider telling Candace Owens what happens next. Especially when we see the Canadian State of Simcoe Monacan which is Ohio, West Virginia, Virginia and anything east of that. The state is named after John Graves Simcoe and the Monacan Indian Nation as per request by the First Nation, any southern state will have a one third representation from local natives. The Commonwealth accepted that requested for South Canada.  At that point will people like Candace Owens shout for the rights of people? I think that scream will be more like it, when the shoe is on the other foot the game changes drastically and that needs to be seen. Iran is playing a long term game and it is not far from completion. It is time for America to take a more active role in the downfall of Iran. If not for the US, then for Saudi Arabia, Israel and several other nations that are being pushed by Iran and even as I believe that they are getting more money, the tactics of Iran are starting to show well beyond the Yemeni borders. When they get of even one attack to the degree they are hoping for, the credibility of the US will drop to below zero. 

In this Patton was absolutely right (Patton, 1970) “Americans love a winner and will not tolerate a loser. Americans play to win all the time” and here we see the stage, the Economic sanctions were the move of a loser watching energy unfold and diminish. But that tactic only works if all participants are driven to that goal and with Iran they never were. That is how I see it, so whilst you wonder what the other states are called in the future, remember that Candace Owens forced Canadian hands, sometimes when we are in the markets we do the one clever thing, we avoid the screaming fishwives. A simple act, especially when the people decide that overstepping lines are unacceptable. But that is not the case is it? The long term actions show that failure and as we take tally, we better take tally of what else we are missing because the removal of 27 camera’s was planned, the question is why. It was not merely to show that the US failed, that the UN failed. That has been a known issue. What do the 27 camera’s allow for? That is the question I have and perhaps it is seemingly nothing, but that is not the case with Iran, is it? 

I will let you figure it out. I honestly do not know at present.

Leave a comment

Filed under Finance, Law, Media, Military, Politics

The three day delay

Yes, it is not new, I had my go on this a few times, yet due to what we see now, after three days, it is time to renew this event. It started basically in 2014, the Yemen war became something serious and the west had no idea how to react. They reacted poorly and to make matters worse, events driven by Iran was kept out of the news. The people got a one sided story. Over time weapons sales went stale, were blocked and the defence of the Kingdom of Saudi Arabia was a setting of debate by people who had no clue what was going on, because the ego trippers needed their Iran peace accord through a nuclear deal, something that even now is still not done. Matters became worse when the west decided to spin the events around Jamal Khashoggi in October 2018. So even as the press al invoked “By 16 November 2018, the Central Intelligence Agency (CIA) had concluded that Mohammed bin Salman ordered Khashoggi’s assassination.” In this that the CIA stated that is was highly likely that this had happened, but no evidence was EVER brought to light. No evidence that could survive the rigours of academic investigations. The essay by the United Nations did not help any, that is for certain. Then we get the hack of Jeff Bezos, a disgracefully inadequate report by FTI Consulting. It is important to take notice of the Verge (at https://www.theverge.com/2020/1/23/21078828/report-saudi-arabia-hack-jeff-bezos-phone-fti-consulting) that also gives us “Facebook’s former chief security officer Alex Stamos, for example, said that there was “no smoking gun” in the report. Some researchers said that FTI should have been able to analyze the encrypted file that the crown prince sent Bezos which reportedly hacked his phone. And one said he didn’t see evidence in the report to suggest that Bezos’ phone was hacked.” I believe that Jeff got hacked, but there is no clear evidence WHO did the job, but there were some wannabe reporters that were really happy to blame the Crown Prince of Saudi Arabia. Even though several newspapers earlier that week showed that certain hacks allowed people to pretend they were someone else, and that too is missing from the FTI report. 

So we have all these negativity, projected on the Crown Prince of Saudi Arabia and now the US wants a favour? You have got to be shitting me!

So we get back to the article where we see “Why should America’s regional allies help Washington contain Russia in Europe when Washington is strengthening Russia and Iran in the Middle East?” And this is the larger folly, a stage where the wrong people cater to Iran, all whilst they require other stuff too, but you cannot get it both ways and now that China is stepping in gobbling up billions upon billions in sales and services, we see the US in a stage of denial. They now need cheap oil, all whilst the two largest suppliers are set to the mind that premium prices will do just as well. And I warned for these situations for years, but everyone was in denial. It would never come to that and now that it is coming to that, the US, the EU and others are in denial on what is required. So at present the oil prices are on the rise, just for how long is impossible to say, yet we also acknowledge that reserves are being used to stop the rise. Just how long until that stops? What do you think will happen when the reserves are gone, because most nations do not have that much in reserve. They can avoid the winter this year, but that will drain the reserves and even as they can build up some of those reserves during summer, winter 2022 will show to be the year that people will need to choose, be warm, avoid hunger and pay rent/mortgage and there is every consideration that many households will only be able to do one of the three, two if they are lucky. 

That is the direct impact of catering to the populist view, the price of adjusting one view for another, one deciding on what was likely, not what could be proven, ignoring what was proven (Iran attacks) and catering to something that is still not a reality (Iranian nuclear agreement) and Iran has clearly been catered to and now the kingdom of Saudi Arabia and the UAE are telling you all that enough is enough. You want oil at a premium, you got it and at a premium means that within the next 12-15 weeks oil prices might get back to the $130 marker, at that point, how much will it cost you to get groceries, to get to work, to get home and to refuel? All that whilst these two nations are now looking at China to deliver defence systems. Slap upon slap upon slap and now 19 hours ago we were given ‘Iran Says U.S. Is Responsible for Stalled Talks on Reviving Nuclear Deal’, another fiasco and the involved political players are all in hiding as not to get painted with that fiasco. So when you wonder what happened to the oil prices, it is simple. Your government royally screwed up and gave you the bill for their failure. 

So good luck with that.

Leave a comment

Filed under Finance, IT, Media, Politics

Don’t we have enough problems?

This started this morning. It started when three messages passed by my Chromebook. The first was (at https://www.aljazeera.com/news/2022/3/16/un-aid-drive-to-avert-yemen-catastrophe-falls-far-short) called ‘UN aid drive to avert Yemen catastrophe falls far short’, so in short, the UN cannot get it done, big surprise here (not really). The second one was from a different corner. The second one was Arab News (at https://www.arabnews.com/node/2044566/saudi-arabia) which gives us ‘Saudi Arabia pumps $19bn into Yemeni aid program: KS relief chief’, so if I see this correctly, the UN was unable to get it done raising only $1.3bn at Wednesday’s conference in Geneva, a little short of the $4.24bn they had hoped to get, a mere 30%, so we see the failure of one, all whilst the Kingdom of Saudi Arabia is pumping $19,000,000,000 into that place. And of course it comes with “He added that Saudi Arabia would continue to support Yemen through relief and humanitarian programs in coordination with international and local partners.” Yet the other side, the UN did not really give any notice of the efforts of Saudi Arabia does it, even as Arab News gives us “The event was also attended by UN Secretary-General Antonio Guterres, President of the Swiss Confederation Ignazio Cassis, Swedish Minister of Foreign Affairs Anne Lindy, UN Under-Secretary-General for Humanitarian Affairs and Emergency Relief Coordinator Martin Griffiths, and Saudi Arabia’s Ambassador to the UN in Geneva Dr. Abdulaziz Al-Wasel”, I saw no mention in the end in western papers. I did however find something else. 

The Sydney Morning Herald gives us (at https://www.smh.com.au/culture/celebrity/ex-bachelorette-georgia-love-slammed-for-instagram-posts-promoting-saudi-arabia-20220317-p5a5lf.html) the stage of ‘Ex-Bachelorette Georgia Love slammed for Instagram posts promoting Saudi Arabia’ and there we see “Georgia Love and Lee Elliott, who found romance in 2016 on the second season of Network 10’s The Bachelorette, have sparked controversy after the pair posted Instagram photos of themselves promoting tourism in Saudi Arabia.” The article by Robert Moran calls for more, hiding behind commenters whilst the SMH has not informed us on more than one occasion that Houthi terrorists were attacking civilian targets. The SMH also did not inform the people on the $19,000,000,000 event from the Kingdom of Saudi Arabia all whilst the UN could not get 25% done, they raised less than 10% of what Saudi Arabia contributed. If we are all bout fair and balanced, we need to start being fair and balanced. Iran executed 280 people in 2021, so where is THAT Sydney Morning Herald article? 

Is Saudi Arabia a perfect nation, no it is not. Neither is Australia, a nation who refuses to do anything about ageism. Two people promoted tourism in a nation we are not at war with, two people are doing something to open doors that others cannot be bothered knocking on. 

I think that the SMH dropped a few too many issues to be knocking on some door regarding promoting a nation. Oh, and before I forget it should I get that notion in similar ways, I would offer the 5G IP I have to the Kingdom of Saudi Arabia long before I would EVER offer it to Australia! Although, I would try to sell them some other IP first, including a story on how to assassinate a politician.

See how long it takes people to consider that Telstra is an increasing problem, not some solution. We see mere greed driven responses, instead of catering to the larger setting of the people. The AFR (Australian Financial review) gave us two weeks ago “A major upgrade of NBN services in country Australia will be part of a multibillion-dollar regional infrastructure package to be included in Treasurer Josh Frydenberg’s pre-election budget.” And you think this is god for the people. No, it was because ‘Major NBN upgrade planned to fight off Musk’s Starlink’, so why is Elon Musk with his Starlink a negative thing? Is it because it is bad, or because it is bad for players like Telstra and their ‘friends’? If I look at all the issues we face, I think we have more than enough problems. And the anti-Saudi rhetoric whilst WE never did anything in that region when it mattered is just insane, but we are their for Ukraine, it is politically convenient. I reckon the Syrians and the Yemeni’s will have to live with that decision. 

So whilst news dot com dot au “Georgia Love and partner Lee Elliot have deleted their Instagram posts promoting Saudi Arabia but they can’t hide from those tagging them”, it is just another another set of bullies who do not know what they are talking about, because certain media prefers not to inform them. And in the end, do I care? Nope, I never seen of followed Georgia Love. I personally think that the Bachelorette and like minded programs are a waste of my time. But I do care about bullies and that should be on the front of the line. So how much reporting did Robert Moran do on Iranian culture? Their humanitarian efforts? You see it is more likely not his cup of soup and the fact that a person like Georgia Love made the papers (or internet) means that he had nowhere else to look regarding culture. So whilst ABC gave us ‘Women are isolated in sports media, we need more allies for real and lasting change’ three hours ago, the Sydney Morning Herald was all about bully tactics, that is how I personally see it and it is sad that some resort to that, but on the plus side, I can at least make the claim that I tried to better the world by melting down an Iranian nuclear reactor, how is that for cancel culture? In all the issues we face Georgia Love should have been a blip on the radar at present, I personally reckon certain people got upset with the effort and the SMH obliged. That is my take on the matter, but then I could be wrong. You make up your own mind on where I stood, right or wrong?

Leave a comment

Filed under IT, Media, Politics, Science