Tag Archives: USA

Has the world gone mad?

Yup, this was my very first thought, it was not a nice thought (I’ll admit to that) and it was given to me by Al Jazeera (at https://www.aljazeera.com/news/2023/9/6/us-eu-uk-officials-visit-uae-to-discuss-russia-sanctions-cnn-report) where we are given ‘Western officials visit UAE in efforts to halt exports to Russia: Report’ the byline of “The Wall Street Journal initially reported plans to jointly press the UAE to halt shipments of goods to Russia” does not help much. In all honesty, who the fuck do they think they are? You see, we were only given a week ago ‘Beer giant Heineken sells its business in Russia for one euro’ (at https://www.news.com.au/finance/business/beer-giant-heineken-sells-its-business-in-russia-for-one-euro/news-story/1f6e65254890bfbd6d1757d70deb351c). In part I think that it is nice that it happens after well over a year when things should have stopped, but let things flow (especially beer). You see, the largest problem is that places like Align Technology (USA), Cloudflare (USA), BT Technologies (UK), Fenzi group (Italy) and a whole range more are according to sources still operating in Russia. Yale is giving us a list (at https://som.yale.edu/story/2022/over-1000-companies-have-curtailed-operations-russia-some-remain) where we find ‘Over 1,000 Companies Have Curtailed Operations in Russia—But Some Remain’ after 560 days of war. I admit that the list is from 2022, yet there Heineken wasn’t even on the list. So I would kindly like to request that the representatives from the United States, British and European Union who are visiting the United Arab Emirates amid concerns regarding shipments of goods, including computer chips, to Russia that could help Moscow in its war on Ukraine would kindly ‘Shut the fuck up’ and clean their houses first. This group of snivelling little clowns do not get to tell anyone anything until their citizens and corporations seized all operations. I think that same message could be given to anyone visiting any Middle Eastern nation with a similar request. I do not disagree with the sentiment, but to do that whilst your places are still operating in Russia is just too hypocritical for any consideration. And even after that, there is still China to consider, they will never consider that request beyond certain levels and as such, why is this request coming to the UAE? Are the American parties making money of puppets in the UAE to keep their hands clean? I cannot say that this is happening, but there are plenty of ways for zero tax nations to make a bundle being the front person of a large deliverer. Oh, and by the way in 2021 on September 20th, Jesse Benton and Doug Wead pleaded not guilty in the U.S. District Court for the District of Columbia to charges of making a straw donation to the Trump campaign in 2016 on behalf of a Russian national. So is that case going? I am just asking, because On February 17, 2023, Jesse Benton was sentenced to 18 months in prison, the other one died in time to avoid conviction. With the US in shambles and the US setting up all kinds of foundations of avoidance by US Republicans into stopping assistance to the Ukraine, I think that envoy should take a breather and stop being silly. Some of that ‘anti-assistance is less than a month old’, as such I wonder who on earth would be this stupid. So when we are given “The senior Western officials arrived in the Gulf nation this week to discuss sanctions on Russia, as concerns mounted that Moscow was bypassing them through various means, a US embassy spokesperson told CNN on Wednesday.” All whilst the US, UK and EU are still very much invested in Russia is just too crazy for words. 

I am not stating that you should believe me, I added the sources that were available to me and that list, I made mention of it earlier this year (might have been in 2022), so when I saw this article in Al Jazeera I wondered why the other media are shunning investigating businesses with vested interests in Russia, there are apparently well over 1000. So why is the UAE such an issue? I honestly do not know, but the idea that there are western politicians with a ‘look there’ all whilst they are filling their pockets (the Trump Case) is just too silly for words and these representatives should take a hard look at what they are not doing at home. Just a thought to entertain.

Enjoy the upcoming weekend that is for most a mere day away.

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You were saying?

After yesterday I had all these ‘complaints’ and how wrong I was, that this would never happen and I rejoiced, because the evidence was already there. I was actually dreading todays article (which will now happen tomorrow) and puts Apple and Google in a setting of funny money. But first this part. So, people were sure I was wrong? So let’s take a look at Al Jazeera (at https://www.aljazeera.com/economy/2023/8/25/saudi-arabia-considering-chinese-bid-to-build-nuclear-plant-report-says) gives us ‘Saudi Arabia considering Chinese bid to build nuclear plant, report says’ where we are given “Saudi Arabia is considering a Chinese bid to build a nuclear power plant in the kingdom amid frustration over the United States’ stipulations for supporting Riyadh’s quest for nuclear power, the Wall Street Journal has reported” which with the added “In 2019, a senior Chinese official said Beijing could build as many as 30 overseas nuclear reactors through its “Belt and Road” infrastructure drive over the following decade”. So to give you the bland numbers, a nuclear reactor will cost between 6 and 8 billion. So 30 of them amount to around $200,000,000,000 that is revenue the US is now losing directly, one deal cost that much. I have no doubt that China will get a mere 1-3 reactors to start with, yet this amounts to well over $20,000,000,000 from the start. Revenue the US (optionally partially EU too) will lose. One deal sets that strain on the US revenue needs and partially European too. Now we also get (from an unknown source at http://www.ecns.cn/m/news/culture/2023-08-25/detail-ihcskrzm0994854.shtml) there we are given ‘Saudi Arabia to teach two Chinese classes weekly in secondary schools’, if this is true then the KSA are tightening bonds with China and that spells a bad year for America. I might have foreseen a lot of this, but to see operational steps being done implies that the USA is done in the Middle East. In addition to this I wonder how far the steps are at present with the UAE. You see they are both joining BRICS, as such they both stand to gain by these steps at present. Even as the UAE might not be seeking nuclear power, they (especially Dubai) stands to gain a lot by having at least one. So whatever is under options with Saudi Arabia, I reckon that the UAE is not far behind on this. In a day we see the stage where the US, due to its own stupid actions is about to lose out on well over 200 billion, and it is seemingly all going towards China. So you were saying? And how much more losses will America cop before it starts to realise that the folly approach from 2019 onwards was stupid on a premium level? 

And this is merely the beginning. As NEOM grows, so will the opportunities that China will get, America, the UK and EU pretty much priced themselves out of those markets. And the news goes from bad to worse. None at the moment, but in Q4 2023 there will be a lot more news clippings on options that are now no longer going to the American Coffers, that part is pretty clear at this point. So I was right all along. It doesn’t make me happy or joyous, yet for the Americans who realise that they are out they might want to have a heart to heart with the politicians and analysts who should have seen this long before I did and if they did, why was nothing done?

Enjoy the weekend.

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The brotherhood of NASA

OK, I took notice of news today. I only took notice today as it either escaped my attention, or the western coverage has been dismal. But the BBC (at https://www.bbc.co.uk/news/world-asia-66590446) gives notice that India is now the 4th nation to land on the moon. Preceded by USA, Russia and China it nows becomes a member of a very exclusive club. Not the UK, not France and not Germany. None of them made membership to the American Express Stellar Black Card (an extremely exclusive version of the AMEX card), it was India who did. And I am happy for India. A nation most nations and its citizens look down on, sneer at and make fun of. That nation is now a lunar nation.

The interesting part is that no one is ‘cashing’ in on that, on the pride. So above is an image, part of an image of a board game I remember playing in the 70’s. It was all about NASA then. I was watching in amazement to the TV when someone left a footprint on the moon (no negativity implied). The board game fuelled our excitement. This is a different board game, but that is the part I remember. Now consider that same game on Facebook, on your mobile. To play with friends and others. 

All now watching the ISRO logo on their board. On trains, in the office (during coffee breaks) and the ISRO has earned it, they are 4th in a game that most would say that India is a horse no show. And India got there ahead of many others, even many G20 nations. They have earned their laurels. 

And for comedy, in light of the accusations that a NAFO fella kicked the Russian moon lander out of orbit I would like to offer the idea of a NAFO block card. If you have it, you can play it whilst the lander is orbiting the moon BEFORE it lands. Then you roll the dice again. With 1-5 the opponent is halted for one move, if you get a 6, the lander is destroyed and that player has to start again at the liftoff point. I saw the NAFO fella ‘documentary’ on Twitter, so it must be real.

But that last part is merely a funny moment for me to add an element. What matters is that there have been moon games going back to the 70’s, perhaps even before that and India can now use that to spread the fame of the ISRO, they have earned it. We can be all kinds of jealous, yet in the end they got to the moon. They might be 4th, but there is no way to tell what else they will achieve and we need to be reminded that greatness comes on all shapes and sizes and from almost every direction. The ISRO showed us this with the Chandrayaan-3. A moonlander who completed its landing on August 23rd 2023 and we should remember this. India has every right to be proud of this moment and so they should be.

Enjoy today and feel free to dream of whatever you want. 

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It started with television

To get the entire mess I will start with a television episode.

The line was “Not that I don’t appreciate the sentiment behind your nightmare scenario” it was linking a conversation between President Bartlett and Dr. Takahashi. The episode was ‘A good Day’ season 6 episode 17. Yes, this part is fiction and some of the mentioned elements were too, but not all and that is the striking part. This episode aired in March 2005. You think that would be the end of it, but you would be wrong. Lets take a look at reality.

The Financial Times gave us ‘Saudi Arabia cuts holdings of US Treasuries to 6-year low’ on august 17th (at https://www.ft.com/content/2925952d-1e20-4748-8fa4-05b3605fc46a). There we are given “Saudi Arabia sold down its holdings of US Treasuries in June to the lowest in more than six years, as the kingdom directs more funds to foreign equity and domestic investments. The kingdom held $108.1bn of Treasury securities in June, down $3.2bn from May and below the $119.7bn it held at the end of last year, according to data from the US Treasury department.” This is merely part one, the second part is seen with ‘China likely to cut more US debt holdings’ (at https://www.chinadaily.com.cn/a/202308/16/WS64dce79ba31035260b81c880.html) this is not the end, this is merely the beginning of what was described in the West Wing as the nightmare scenario. You would think that the EU and Japan would come to the aid of the US, but you would be wrong. Mario Draghi overspend trillions in the past and now the EU credit card is stretched to the max. Japan had in March 2023, a Japanese public debt is estimated to be approximately 9.2 trillion US Dollars, or 263% of GDP. Japan has no place to go and that is the beginning of systems collapsing. The US is in its endgame towards becoming an economic third world nation. 

Yet there is more tom come. We also get (at https://finance.yahoo.com/news/death-entire-financial-monetary-social-180841464.html) ‘‘It’s The Death Of The Entire Financial, Monetary And Social System’: This Market Expert Warns The U.S. Dollar Is Quickly Losing Its Reserve Status.’ I do not know Jing Pan and I do not know whether she is correct, but she gives us one part that struck a nerve. She gives us “In March, the collapse of Silicon Valley Bank grabbed major headlines. After the bank sold its Treasury bond portfolio, it incurred a substantial loss, causing depositors to question its liquidity and leading to a bank run. Amid this market upheaval, Silvergate Bank, First Republic Bank and Signature Bank failed as well. “This banking crisis is not over,” she said. “Maybe they’ve been able to paper over it, and so everybody is calm, and you have consumer confidence going up and all of this other kind of garbage. But it’s built on a house of lies.”” It struck a nerve because I got there through different means. You see when the SVB issues was playing out, we suddenly get a news article with Janet Yellen who is keeping tabs on the situation. Janet Yellen, United States Secretary of the Treasury. Not some governor from California, not someone from the banking industry. No, it was El Jefe from the treasury herself. It was overkill. I had issues and I wrote about them earlier (not sure when). I wondered why the SVB was in that setting and why Yellen personally took notice. I wondered who was holding the US bonds. Because banks had some of the bonds, but no one had a list of how much and no one had a clue (or remained silent) on how much the SVB was holding. 

As such I had an issue, things weren’t adding up. And now the two largest finders of the planet are shedding the US debt. As I see it the US has painted themselves in a corner and things will go ugly soon enough.

This is where the next article comes in. The article (at https://tickernews.co/u-s-credit-card-debt-levels-just-surpassed-1-trillion/), which is not the only source gives us ‘U.S. credit card debt levels just surpassed $1-trillion’, as such 300 million people have a collective debt of over on thousand billion. This amounts to the degree that every American has a debt well over $3,000. So how will this unfold when the dollar drops? Now, I am generalising but the larger stage is now set. Bonds are going nowhere and in 2022 long-dated U.S. notes lost 39.2% in value. So how safe are those bonds now? We know about the inflation and that it is rising, but CNN reports that ‘US banks sitting on unrealised losses of $620 billion’. This came to us in March, as such the SVB issues are rising, are they not? So where are those bonds? Who is reaping the losses on that one and the nightmare scenario that a television series gave to us in 2005 is about to become a very real issue in 2023 and 2024. 

We might have thought 20 years ago that bonds were the safest place to be, but only 20 years later and this is no longer a reality and moreover the allies of the USA are shedding them, or cashing in to reduce the damage from them. This leaves America in a very vulnerable position. As I personally see it, they painted themselves in a corner and the windows on the two adjacent walls are soon out of reach to anyone in that corner. To add to this, the paint is red and massively toxic (as I see it), so no release unless someone can find a little over 20 trillion to help the US, the usual suspects are out of cash and I reckon Russia will not offer help either. Consumers have a total accumulated debt that surpasses a trillion and the bad news keeps on stacking up. All because politicians were playing the ‘screw it’ card. Now that the ledgers are up for grabs the US is sitting in the worst spot it has been in in well over a century and corporate and business America is looking for any way out of the US at present. 

When you see that image and you add the failures of Microsoft a different image comes to mind and it is not a pretty one. So why Microsoft? Because it is part of the Dow Jones Index. It might only be for 4.9% but when that goes south the DJI will see a much larger problem. You see it is not merely Microsoft, it becomes an issue for Goldman Sachs as well and when the dollar collapses. What do you think that places like UnitedHealth Group, Johnson & Johnson, VISA, American Express and Walmart will be left with? When over 150 million will have no money left the consumers pushing the aforementioned companies up will also fade pushing rates and results down. All things that could have been seen will over 2-3 years ago. And there is no blaming the Russian-Ukrainian war, this would have happened no matter what. Optionally it happened sooner, but not much sooner. 

Even if ‘A good day’ was the start, the settings have been in place for years. I believe the media merely looked the other way, because the other view was sexy and optionally offered more digital dollars, another funny money business. 

So am I wrong?
That is the question. I could be and relating articles like I am is to some degree folly, but it was all I had at the time. And if there is an economic person (I am not one) giving us a clear answer why I am wrong, I would accept that, but there are too many issues in the field and there are too many issues out in the open. I wonder if anyone could counter them all. But I will keep my eyes open to see if someone goes that way.

Anyway, have a great day and I am about to start the final day of the weekend.

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Evolution is not merely the person

The setting started a few days ago, yet the new stage we are shown is merely hours old. Even as it seemingly started on August 12th with ‘Tapping an economy’ (at https://lawlordtobe.com/2023/08/12/tapping-an-economy/) the stage is getting redefined, almost as we speak. This is seen with ‘Saudi Arabia and UAE race to buy Nvidia chips to power AI ambitions’ (at https://www.afr.com/world/middle-east/saudi-arabia-and-uae-race-to-buy-nvidia-chips-to-power-ai-ambitions-20230815-p5dws6). I believe personally it is merely one of two sides. You see, we are given “Saudi Arabia and the United Arab Emirates are buying up thousands of the high-performance Nvidia chips crucial for building artificial intelligence software, joining a global AI arms race that is squeezing the supply of Silicon Valley’s hottest commodity.” But it is merely one side and this side is putting pressure on the US, it’s companies are running out of funs and their credit cards are reaching limits. These two players have the cash to run circles around dozens of nations and that is not the only place they are in an advantage. I will not go back to my IP (no mater how valid it is). The larger station is that these two players will need data centres and that is where EVROC (as discussed in the earlier article 4 days ago) has the ability to set up national data centres, a stage that takes American companies out of the loop. I am not anti-American, I am anti-stupid and the catering that data centres have given the US companies all whilst places like Cambridge Analytics opened up to is now starting to show. There is the added setting that nationally speaking these two players prefer to be set in, the stage is not merely based on national needs. I personally believe that they have a ‘non-American’ involvement mindset. And I reckon that evidence will be proven when EVROC is allowed these two new data centres as well. It puts the USA in a massively decreasing setting. Another (non-related) stage is added to this. Only a few hours ago Yahoo Finance (merely one source) is giving us (at https://finance.yahoo.com/news/dollar-being-dethroned-india-just-201500390.html) ‘India just bought 1M barrels of oil from the UAE using rupees instead of USD for the first time’, we can chalk this up to a whole set of reasons and if someone states that this will be the pro-forma setting of BRICS, I will not be able to support or oppose it. There is not enough data accessible to me. The larger stage is set that the US is being ignored for too man settings and that is merely in the last week. I do not care how many Pizza al Fungi’s Janet Yellen has consumed, or how magical that dinner was. The stage is that the US has become trivialised and a lot of it is by their own doing. So whilst some are staging to trivialise that India is not using the US dollar. The reality is that only 3 years ago that option would be ludicrous and here we see it play out. So is BRICS becoming more powerful, it the US becoming weaker and just how much gains will Saudi Arabia and the United Arab Emirates make in this year alone? EVROC is still a Swedish conundrum, but there are too many voices out there that are too anti-American voiced (which is not anti-stupid, my personal setting). I know I am seeing my own prophecies come to reality, but not in a way I envisioned. It could be that I never had the proper glasses to see it all, or it is because new elements are coming to bear and that second part is the larger stage I am now worried about. Not because of what the KSA and UAE are doing, but because of the US and its Trump and Karen setting, it is highly likely that it will drag the EU and Japan down with them. These latter two made the wrong calls a few times and now that the endgame (of the US) is starting to show, the back paddle actions of the EU (optionally towards China) might not be enough. I have no idea how this will play out for the Commonwealth. The stage of Canada with wildfires and 90% of the NWT being a goner looks more like a scene from ‘How it ends’ (2018) than reality, no matter how surreal both are. As such this stage will impact the rest of the Commonwealth. The UK is close to broke, and with Canada in the state it is in, the Commonwealth needs to find a safe place and footing and the US is less likely to be that place at present. It needs to find a solitary road to link to nations and that is the hard part. I have no idea what the safe route is, but I do feel certain that the US is no longer that part. I feel that finding a way to connect to the Middle East is presently safer than a link to China, but in reality I am speculating on what the safer route is. 

The setting we see now (the Nvidia AI chip) where we were given (at https://www.crn.com.au/news/ai-chips-could-save-future-data-centres-money-nvidia-599254)“Nvidia chief executive Jensen Huang has a mantra that he has uttered enough times that it almost became a joke during his SIGGRAPH 2023 keynote last week: “the more you buy, the more you save.”” Yet the setting is not merely ‘the more you save’ it is about to become who owns them and those who cannot afford them and now the KSA and UAE will have additional power positions. So consider “AI chips can save companies significant money on costs compared to traditional CPUs for what he views as the future: data centres, fuelled by demand for generative AI capabilities, relying on large language models (LLMs) to answer user queries and generate content for a wide range of applications” and a place like EVROC could set up two data centres all whilst these two nations provide the AI chips required, now we get an entirely new play and it will give these two nations the power to set a stage that excludes the US or their tech-firms. A stage none of them ever had before, as such do you still think I am boasting or creating non-sense? Too many sources had the elements available and the larger media ignored the puzzle pieces. So, is my puzzle correct? Not necessarily, but the pieces fit the image we have all seen before. This does not make the image correct, but it makes it decently likely and the more BS the American media spouts the less reliable it should be seen. This does not make China or the Middle East more reliable, but in the setting I currently see it makes the Middle East (KSA and UAE) a lot safer than the US has been the last few years and that counts, because that reinforces the image that Nvidia and EVROC are giving us, with optional speculations from yours truly (aka moi).

Your guess is as good as mine as to what comes next, but the larger fighting ring (a square setting) is about to show us who the contenders are and the amount of underdogs they face. Because no matter how much BS an underdogs brings to the table, in the ring it is what you can achieve and as I personally see it, the US, EU and Japan are starting to become the largest underdogs this century, which could be a stage pushed in by evolution.

Have fun today.

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Dee Jay Eye

Yup that is the saying. It is written DJI and would you believe it, it means Dopey Justice Investigations. Of course in this case we have to go to that place that Europeans regard as the land west of the Atlantic River, the Asians and Australians see it as land east of the Pacific river and we all agree that it is south of Canada. It is known as the USA. The BBC gave me 22 hours ago ‘Boy, 6, boasted about shooting Virginia teacher Abigail Zwerner’ (at https://www.bbc.co.uk/news/world-us-canada-66451768), it is there we see “The boy’s mother, however, Deja Taylor, has been charged with felony child neglect and misdemeanour recklessly leaving a loaded firearm as to endanger a child. In June, she was also charged with unlawfully using a controlled substance while in possession of a firearm and making a false statement during the purchase of a firearm.” This all sounds nice, but when you consider that in January I wrote in ‘Little Shits’ (at https://wp.me/p1RftY-2mn) “So far NO report shows that the parents were arrested, or interrogated over the case. If that is the stage, the US has earned the right to see many more shootings in schools until they fix this mess”, as well as “So what part do the parents play? Well, as I see it the mindset tends to come from parents, not peer pressure, not at that age. But no one is looking at the parents, why not?”, as such I got to this setting MONTHS before the American authorities got there and the evidence is clear, the media had nothing. And you wonder why nothing gets to be resolved during mass shootings? Well here you have the evidence. As such as we are given “His teacher, Abigail “Abby” Zwerner – who survived – filed a $40m (£31.4m) lawsuit earlier this year.” I personally believe that Abigail should have (at least) doubled her claim, with incompetence seen to this degree there is a fair case that her life was trivialised to a much larger extent. I get that the boy was not charged, the rule of Doli Incapax is pretty much all over the common law nations and this means that you cannot be seen as responsible as a 6 year old. I mentioned that in the first article on this event, but how the kid got the firearm as well as the parents (I did not know the household setting there) were not. And now 7 months and three days later we see this play out as being the correct path. Yes, we saw the reference to June, but the media was not all over that, were they? So when we now see “While being restrained after the shooting at a Virginia school, the boy is said to have admitted “I did it”, adding “I got my mom’s gun last night”.” Consider looking back to the media covering in those days, none of them mentions that small part, did they? Why not? Especially the small part of “the boy is said to have admitted”, why was that omitted from the media coverage? The fact that he got his mom’s gun last night is a pretty clear indication to arrest the mother at that moment. The unsafe handling of a firearm leaving it open for a child to get is pretty indicative of the blunders made in this case. To Abigail Zwerner, the 25 year old teacher I say “I hope you get well over 300% of what you ask for”, the media, the authorities and the school all trivialised your life for what? Political points? Business points? There should be a price for that and after that, use that money to retire to a nice happy safe place and enjoy your early retirement, you definitely earned it.

I think that it is time for the dopey justice system of America to wake up and see the mess you are at present making, I have said well over a year ago that upgrading the ATF and giving it actual teeth would be essential in cleaning this mess up and again I am proven correct. 

As I see it, there is no fault at present to its director Steven Michael Dettelbach, but I do believe that he has his work cut out for him and I reckon that keeping scores of whoever block essential needs for the ATF will be required soon enough. You see, 1.5 billion does not go far, not when you have 5,285 people trying to sort the gun mess out. Some might see the mention of “The ATF has received criticism over the Ruby Ridge controversy, the Waco siege controversy and others.” Yet no one is mentioning a story from 2022 “Missing weapons, false records: Franklin Gun Shop owners plead guilty to federal charges”, the Tennessean gave us that one (at https://www.tennessean.com/story/news/crime/2022/11/23/franklin-gun-shop-owners-plead-guilty-over-missing-weapons-false-records/69671186007/) there is a larger stage that gun shops are falling short, and it could have been prevented years ago by giving the ATF teeth and a real budget. There is also a larger stage of automated systems to see where the history of guns are at and I am referring to the NBC article (at https://www.nbcnews.com/news/s-just-insanity-atf-now-needs-2-weeks-perform-routine-gun-trace-rcna39606) where we see ‘‘It’s just insanity’: ATF now needs 2 weeks to perform a routine gun trace’ with the by-line “Boxes of paper records fill nearly every corridor of the ATF’s National Tracing Center, where agents are struggling to keep up with surging requests from local police.” Red tape might be stated to be the source, but I see this as the failing of a justice system. We might take notice of “A 2023 report published in JAMA covering 2014 to 2022, found there had been 4011 mass shootings in the US”, with over 4000 mass shootings in almost 10 years we come to the generic 400 mass shootings a year and you don’t think that the ATF needs an upgrade in IT systems and other materials? Don’t make me laugh, this is beyond dopey and you better realise it. For the American parents it is easy. 400 mass shootings a year comes down to almost 8 a week. So how long will you roll the dice until it is YOUR child you get to bury? It is simple (yet somewhat deceptive) statistics, but feel free to blame the people who are almost certain no part in that play and ignore those who could make a difference because that would be the US Senate and US congress. Did you think that ‘Red tape’ or the ATF was to blame. Someone pushed for that ‘Red tape’ and it is time to wake up and see what causes your children to die. I can assure you it is not the maker of the gun, it is the lawmakers that enable to hobble the ATF. And that gives us the Senate and Congress. And when exactly did either call out to enforce the ATF with the equipment and budget to give the Americans a safer place to live? I am willing to wager you cannot really find that part of the equation. Why not?

Weekend is soon upon us, so enjoy the day and go shopping for a bulletproof vest for your child, you might need one soon.

 

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Late to the party

Yes, that was me. In this case I got late to the party. This is about an article by Stephanie Kirchgaessner where (at https://www.theguardian.com/technology/2023/jul/18/snapchat-saudi-arabia-ties) which is almost a month old where we see ‘Saudis accused of using Snapchat to promote crown prince and silence critics’. I have had my issues with her. This is massively anti Saudi, she is what I regard to be a tool for any anti-Saudi activity. Yet, I need to keep a clear mind and let me take you through what I found.

Metrics
1. the Saudi culture ministry, has more than 20 million users in the kingdom – including an estimated 90% of 13-to-34-year-olds.
2. One senior Snap Inc executive recently called it an “extension of the [kingdom’s] social fabric”. One of the company’s largest single investors is Saudi Prince Alwaleed bin Talal, who in 2018 invested $250m in the company.
These are the metrics, there are more numbers in the article to ‘spice up’ the article. 

Accusations
The accusations include the following.
1. Saudi Arabia appears to be exploiting the US messaging app Snapchat to promote the image of its crown prince, Mohammed bin Salman, while also imposing draconian sentences on influencers who use the platform to post even mild criticism of the future king.

So, it is ‘appears’? What evidence is supporting the ‘appears’? 

Then we get to ‘imposing draconian sentences’ on what people, what are the metrics, what are the numbers and names of those who received these draconian sentences? 

Then we get more emotions with “Close watchers of Saudi-based verified accounts say the platform is used by many influencers to promote Bin Salman’s image, with influencers widely and uniformly sharing any new photographs of the prince or other video content that promotes him.” We see more things like ‘many’, we are not given something like “Well over a hundred influencers”, we merely get many. 

Then we are given “People who spoke to the Guardian on the condition of anonymity to protect contacts in the kingdom say that posts (or “Snaps”) are closely monitored by Saudi security services. In one case, influencers who are not political were questioned by security services for not posting enough fawning Snaps about the crown prince, according to a person with direct knowledge of the matter.” So not only is the Guardian ‘hiding’ behind anonymity, we get ‘people’ again, no numbers, not ‘a group of witnesses’, merely people. Then we get the question on what evidence there is that Saudi security was monitoring? None was given as far as I can tell. Is evidence not essential here? It is followed by ‘in one case’ so is this the only case? And is that one case the same person as ‘according to a person with direct knowledge of the matter’? All questions and an utter lack of clarity. Is this what the Guardian adds up to? 

My setting is not that I am stating that Saudi Arabia is innocent, but if they are guilty, it better comes with ACTUAL evidence. Then we also get to see “One Saudi Snapchat influencer, Mansour Al-Raqiba, who has more than 2 million followers, was arrested in May 2022 in connection to social media posts in which he acknowledged having been blackmailed by an individual who claimed they had heard him criticising Bin Salman’s Vision 2030 economic plan. A person familiar with the case said Raqiba had been sentenced to 27 years in jail.” So, if he has been sentenced, there is a court case? Where was this case set? This quote links to another article by the same writer from June 2023, all emotions and a total lack of what I regard to be evidence. Can someone muzzle this chihuahua? You see, there is nothing, not even in Arab News or Al-Jazeera on Mansour Al-Raqiba. I am not debating his existence, or his activities. I found one other article in the Telegraph giving us ‘Saudi star escapes jail time in London following accusations of animal cruelty’, the article is behind a paywall, so that is all I have. You would think that if a person had that many follower, the papers would be filled with his exploits and his snapchat activities. There is a total lack of this. 

There is a lot more, but I will let you discover them. I believe that the Guardian is losing its grip on reality. I have had my issues with Stephanie Kirchgaessner in the past. It seems to me that if she has nothing, she merely bashes Saudi Arabia. You see, if this is not the case the evidence would be a lot better. You can make a case towards any security (in this case Saudi), but with places like snapchat there should be a mountain of evidence. In that regard the flimsy approach to the University of Toronto Citizen Lab would have a lot more. We are merely given “Petroleum-enriched Gulf oligarchs have a disturbing track record of punishing social media users, and employing multidimensional digital influence operations to silence critics and undertake transnational repression”, so what EXACTLY is ‘multidimensional digital influence operations’? The lack of specifics and precise explanations make me wonder if any of it is real. And that is not on me, that is on the flimsy and shady writing by Stephanie Kirchgaessner. 

Then we get to Saudi Prince Alwaleed bin Talal, who is a Saudi Arabian billionaire businessman, investor, philanthropist and royal. He is also the founder and CEO of the Kingdom Holding Company. I have been looking into that for other reasons. In the article he is mentioned once, regarding the investment. So what is he here? Window dressing? 

Then we get to Saad bin Khalid Al Jabri. We get “Snapchat’s popularity makes it an ideal tool for a repressive regime that exploits Snapchat in the dissemination of state propaganda, character assassination of detractors, and surveillance of activists and influencers”. What we do not get is that he is living in exile in Canada. We are also not given that he walked out toward exile with more millions than the sum of all US generals have (Saad bin Khalid Al Jabri is a former general from the Kingdom of Saudi Arabia), we are also not given what the Middle East Eye gives us (at https://www.middleeasteye.net/news/us-saudi-arabia-former-spy-chief-crown-prince-case-thrown) where we are given ‘US judge throws out former spy chief’s case against crown prince’ which was given to us in October 2022. Where we see “Jabri’s lawyers argued that, given the close ties Jabri had developed with the US intelligence community, the crown prince “purposefully targeted” the United States because his alleged attempt to kill the former spy chief was meant to disrupt US-Saudi intelligence sharing.” So why is this case, a case of someone living in exile in Canada being heard in the US courts? Why was this not given to the Canadian courts? Too many questions on an article that has too many flimsy sides and if I can see that in minutes, why did the chief editor of the Guardian (Katharine Viner) not see this? And the questions just keep on coming. Was there ever a serious case against the Kingdom of Saudi Arabia? I am not stating this is not the case, I am stating that the article gives us serious doubts that there is a serious case against the Kingdom of Saudi Arabia. 

In case you doubt me (which is always fair enough), read up and make your own mind up. It is there for a reason, not to follow, but to grow and learn.

On the upside, I came up with another game , another piece of IP that could be freeware for developers for the Amazon Luna and Tencent handheld only. It is a streaming game (the only way this would work I reckon) and as such I am planning to post this tomorrow. Yup, after the mid-week running up to weekend.

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On the way to……

I was on route to some IP pondering when the Al Jazeera story ‘White House adviser Jake Sullivan meets Saudi crown prince for Jeddah talks’ crossed my path. Immediately the thought   “There are just so many ways you can beg for cheap oil” passed my mind. OK, that might have been out of line, but the premise still sets. The White House have send nearly every large caliber in the direction of Saudi Arabia without making it an overly clear ‘White House’ event. The story also gives us (yet again) ““We were going to, in fact, make them pay the price and make them, in fact, the pariah that they are,” Biden said during a 2019 Democratic debate.” These were hollow words given at the wrong time. And now almost 4 years later the setting is as dire as the US has ever had them, but OK. Try to make us all believe that this is about ““bilateral and regional matters”, the White House said, including initiatives “for a more peaceful, secure, prosperous and stable Middle East”” Sure, make it about the one thing that the Middle East does not need the US to initiate. It has initiated enough imbalance to last it an eternity. Even as Reuters gives us ‘Oil settles above April peak on tighter supply’ (at https://www.reuters.com/business/energy/oil-up-supply-tightness-view-offsets-concerns-rate-hikes-2023-07-27/). We need to consider the impact of “Still, oil dropped on Wednesday after data showed U.S. crude inventories fell less than expected and the U.S. Federal Reserve raised interest rates by a quarter of a percentage point, leaving the way open for another increase.” You see, this scorcher of a summer on the northern hemisphere is also impacting energy costs, AC and cooling units are working overtime, as such winter could be a killer. I am using could be, because there is no clear evidence that this summer will leave us with a mild winter, implying that the US and EU are facing 5%-15% more energy needs and with the price of oil that could be a massive impact. One source is giving us today “Standard Chartered analysts conclude that crude prices are finally starting to catch up with the reality of a tightly supplied oil market.” Really? I got there months ago, so how are these clowns actually making their money? A tightly supplied market is the premise of shortages close to everywhere, and if you think that the EU is a nice place now, consider 28 members fighting each other for the same oil allotment, should be fun. I will invest in popcorn, we would all want some so we can watch the nagging tea bitches fight this one. I saw some forecast charts, but I had issues with them (optionally) for the most I might not get all the elements in that forecast. That is simple as I am not in that business. Yet the larger part is how the prices (allegedly) dip a little in early 2024, as I see it as these settings continue, the world (EU and USA) will face oil prices of $90+ from December 2023 onwards. I have no idea how high they will get, but the larger setting no matter how managed it is, the shortage will continue and press pressures up to weird levels all over Europe. All that is before China achieves a larger stake in the oil supplies. The US is silently hoping that they get it all from Russia, but without the cap in place China sees a larger benefit vying for the same stack that the US and EU are vying for. Call me nuts, but I reckon that is one scenario that could go south for the EU sooner rather than later. We all see what is given to us as to the events happening, but there is something off in sending National Security Adviser Jake Sullivan a month after Anthony Blinken went there. Something does not add up and it might just be me, but there is more to this visit than the press tells us (which is what the US likely told the press), they need something and cheap oil is the first thing that comes to my mind.

And in the heat the US and EU faces? Well I reckon one barrel of oil per household to keep it cool should do it. Oh no, there are only 2 million barrels to go round (times 90 days = 180) , so what about the other 600 million people. How will they get cooling? And what about winter, which 600 million need to face it without heating? Yes, the equation is not correct, but the sentiment is. For the first time since 1973 will we face an oil shortage. I tried to warn you all but too many called me stupid and insane (the latter might be true). So I will see you buried, frozen to death soon enough. I wonder if anyone realises how dire it is about to become and don’t blame me. All these analysts should have been there long before I arrived at that station, so why weren’t they? They can ignore it for now, but in February when the death count starts, their BS reasoning will be met with the anger of people who lost someone in the big freeze of 2023/2024. What will they do then?

Enjoy the day and enjoy the AC at current prices, the weekend is about to start.

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More Crypto shit

Yup, it is all about the digital manure as some would say. This all started last night when the BBC  gave me (at https://www.bbc.co.uk/news/business-65935263) ‘Binance exits Netherlands and faces France probe’. This sounded strange because exiting one nation in the EU sounds pointless to me, so what was going on? The article gives us “It follows the announcement of the company’s departure from the Netherlands after it failed to obtain a licence from the Dutch central bank.” OK, no biggie. It was “In a statement Binance confirmed French authorities visited its offices last week and will comply accordingly. “We had an on-site visit last week by the relevant authorities. Binance, as always, was fully collaborative and we met our obligations accordingly. We continue to work closely with regulators and law enforcement agencies on all ongoing compliance requirements to uphold high standards,” a company spokesperson said.” Still, not an issue (at present) but the BBC article had me piqued, as such I started to make a search for Binance and the issues started to rise. In order of timeline, I got (at https://www.cnbc.com/2023/06/16/binance-france-chief-brushed-off-concerns-days-before-police-visit.html) an article by CNBC, where we see ‘Binance France chief brushed off concerns days before police visit’, which sounds like a nice party-line, but I am not buying it. You see “the crypto exchange’s top French executive dismissed concerns about U.S. regulatory charges affecting Binance’s other operations, comparing them with the flapping of a butterfly’s wings.” Is that so? You see yesterday’s news was not wholly interesting, yet only hours ago (at https://www.forbes.com/sites/digital-assets/2023/06/17/binance-escapes-asset-freeze-in-exchange-for-a-raft-of-restrictions/) we see ‘Binance Escapes Asset Freeze In Exchange For A Raft Of Restrictions’ with the added text “The U.S. subsidiary of cryptocurrency exchange Binance has avoided an asset freeze that would have made it impossible to do business, but it has agreed to burdensome terms to keep operating during a civil case brought by the Securities and Exchange Commission that charged the company with evading “critical regulatory oversight.”” We now have a party. So where is that Hudie flapping? If they are referring to the SEC, it is not a butterfly, but a dragonfly hungry for substance. And lets be clear, all these accusations do not make for an issue. The SEC accuses people all the time (more often than not justified), it is the combination of the Dutch, the French and the American SEC that gives light to something going on. You see, we can make assumptions and I would too. It is “Given that Changpeng Zhao and Binance have control of the platforms’ customers’ assets and have been able to commingle customer assets or divert customer assets as they please, as we have alleged, these prohibitions are essential to protecting investor assets.” That sounds familiar. It gets too close to Sam Bankman-Fried and the FTX. As such was there an issue, or was the SEC scared it had another issue potentially coming up? I cannot tell as I do not have all the numbers and data, but I was surprised that I saw in seconds hat none of the media seemed to have. Even with all the speculations, no one seems to be on that horse. I might be all wrong, but there is too much in common to ignore it. Even if it is only to follow through and find that this was NOT the case. That is what I would have done and no Fox with their wannabe dictator statements comes anywhere close to this. So what gives?

Well, the Federal case against Sam Bankman-Fried with “Federal prosecutors in New York said they would drop several criminal charges, at least for now, against disgraced crypto executive Sam Bankman-Fried if the judge agrees to try him later on those charges.” (Source: ABC) is losing momentum, as such they aren’t willing to fail twice in a row, it makes them look bad. 

Yet is that the case? It is from my point of view and I am not disagreeing with CNBC who gives us “Prinçay insisted Binance’s US assets were separated from the international exchange, an assertion also made by the exchange’s legal team. The U.S. Securities and Exchange Commission, which charged Binance last week with 13 securities charges, disagrees, arguing that Binance user funds are at “significant risk” of flight due to founder Changpeng Zhao’s alleged ownership of an interlocking set of Binance-related companies.” But there are cogs within cogs and as I do not comprehend the machine, I will give different values to some cogs of that machine. The fact that the media isn’t looking too hard gives me the idea that they do not comprehend that machine either. So is there an issue with Binance? I think there is, but I cannot tell whether anything illegal or any criminal issues are actually in play, that matters as we are nations of laws and the law sets out what is to be and what is not to be done. 

The issue becomes larger when you consider Forbes giving us “In a June 6 motion asking the federal court for the District of Columbia to freeze the American subsidiary’s funds, the SEC said it was seeking to ensure the safety of customer assets at the U.S. operations given the companies’ “years of violative conduct, disregard of the laws of the United States, evasion of regulatory oversight, and open questions about various financial transfers and the custody and control of Customer Assets.”” And this is where the party (which I mentioned) started. You see the CNBC article is less than 24 hours old and Forbes mentions events from June 6th, that means that CNBC should have been on the ball and they apparently are not. In addition we see ‘years of violative conduct’ which is a BS argument. If there were violation it becomes criminal and they should not be in business at all, if not it is posturing which goes nowhere opting a movement from Binance to seek compensation for lost business, all in all some parties are not aware what the hell is going on (including me). I understand and accept that the SEC does not do things lightly, but is that because the US is broke? Or is that because they do not have a firm grip on the Crypto laws and settings on what is valid (read: legally allowed)? Your guess is as good as mine. What mattered to me is that the Dutch Central Bank refused licences and that counts, it implies that whatever Binance is doing is not all on the up and up (my speculated view) and the French visits are supporting that. Yet the media should have ben on top of this since June 6th and some were, but the rest were not. They are too busy calling an elected president a wannabe dictator. This is what the media has come to. For whose benefit? You tell me.

I will keep a lookout on this, just as I am on that FTX Bankman-Fired person, who is now facing two court cases. So, what’s next? Well, I will snore deep into the final part of the weekend, tht’s is how I roll this weekend.

Enjoy.

 

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There is a larger play

Something stirred in me when I saw the article (at https://www.theguardian.com/sport/blog/2023/jun/13/saudi-arabia-golf-pga-tour-public-investment-fund) called ‘Saudi golf takeover is blueprint for what they want to do everywhere else’ and I had some issues with this. You see, we might give credence to “Players who had turned down eye-moistening sums of Saudi money out of what they laughably believed was a reciprocated loyalty to the PGA Tour found out, like everyone else, when their phones started pinging”, as well as “Even most of the PGA Tour board had no idea what was happening. Does this strike you as the behaviour of a regime concerned with winning hearts and minds? The brazenness, the wall of silence, the smoke and mirrors, the decision to present this deal to the world as a fait accompli: this is all part of the performance. The projection of power matters as much as the power itself. It says to the world: we bone-sawed a journalist, we bought golf and you didn’t even know anything was happening”. And there is more when you read the article. The largest stage is not set and not given. The largest set is that the US and EU are broke. They give a nice presentation, but the largest stage is that they are broke and the sports need to survive. As such the players, the teams and the largest settings are moving house. F1 is going because the middle east is almost the only one who can play jet set with money. Football is much harder, but the players that matter are moving house. They can try to be prima donna in a saturated world, or they can be the shining star in a place where they are alone. They can spread their wings and perhaps become a little better, or create the next generation of winners. Ronaldo and Messi are examples. The NHL is losing people to the UAE and the Middle East. Pakistan is becoming a more fearsome adversary in Cricket and that list goes on. The PG is merely one example and soon the NBA will see players go to the UAE and Saudi Arabia. The middle east is becoming a sports contender and whilst we are all wondering why. Consider that these sports wanted inclusion and that is what the KSA and UAE did. Soon the KSA will have a new English news channel and I reckon about that time they will be casting sports to anyone interested in sports. A new conversation on topics we heard for decades and people will pay attention. Consider that we will get (in English) Arabic newscasts on sports and now the advertisers will take notice. These two players played the long game and the advertisers will come around. This is a given, they will go where the people are and the people want sports. It is a game that the Middle East plays well and they played it well now. The channels lost credibility, they lost teams and sports and now the harvest for the new channels will come in. Add to that the Vision 2030 by the KSA and you get to see a new stage, and in all that the interest in Islam will flourish too. The Christians who are hating everything will lose more and more. Doubt that? Look at Florida. People in Nazi outfits in front of Disney world parading? That is what remains of the US. A place no one wants anymore and the Middle East is enjoying every Karen and dopey video that graces TikTok and YouTube. The aversion against the US and EU is growing. Everyone is shouting and no one is speaking sense and the Middle East is cleaning house because of it. 

So how long until places like the UK and Australia will wonder how the Dubai White Bears are doing and what the scores are for the Emirates Hockey League this week. They will still watch their own teams, but there is a shift happening and it is happening all over the sports world. It is not merely Saudi Arabia, there are more. The Pakistan Cricket Board (PCB) is growing visibility and that is merely one of many. Until recent no one had heard of Fayik Abdi. In 2022 at Beijing Olympics he finished 44th out of 91 competitors. A man from a place where there is no snow is now in the top 50 best ski contenders in the world. Let that sink in. He beat a whole range of people who get to practice it every day, they are from places where there is snow most of the year and a Saudi surpassed them. Our view of the Middle East is off by a lot and we have been lied to by the church since 1094. We are set in a view that no longer applies. The Middle East can ad is becoming more and more a contender in sports we never considered was a threat to anyone from our local stages. Art Schenk (NL), Andrew Symonds (AUS), Lucas Braathen (NO) will soon see new contenders for top spots. Sports fans will cheer Fayik Abdi (KSA), Babar Azam (PAK) and Juma Al Dhaheri (UAE) that too is the consequence of inclusion. And the sooner we learn that anyone can play sports, the sooner you learn that these steps we see now are a natural next step in sports. We might focus on the money, but that is merely a sidestep. How much attention did the PGA get? Who now could afford to play golf? The media focusses on on every scandal it can, because scandals are emotion and emotions relate to clicks. So how many non-scandal related sports stories have you seen in the last week? When was it about the joy of a sport? Who remembers what the BBC reporter Andrew Jennings brought to light? 

Sports is not merely in turmoil, the fans are seeking a way to actually enjoy sports, something they get less and less of. And all the providers are charging for the ‘honour’. As I see it the Middle East has a larger advantage coming their way. But that is merely my point of view.

Enjoy today.

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