Tag Archives: Wall Street Journal

Iterative diversity never goes anywhere

Facebook has been on the minds of many people, so merely on how to procrastinate (a student thing), some on the value of the company and some are investigating on how data issues were reported. CNet reported merely a few hours ago ‘SEC asking if Facebook properly warned investors of data issue‘ (at https://www.cnet.com/news/sec-investigating-if-facebook-gave-investors-enough-warning-about-data-issue-wsj-says/), the origin is the Wall Street Journal. My issue is at the top when we consider the quote “The agency is looking into how much Facebook knew about Cambridge Analytica’s misuse of data, says a report in The Wall Street Journal“, do you think that any evidence is still there to be found? Even if the brightest minds unite to finding anything, by the time all the proper access is granted, the decisionmakers will be facing a new government resetting priorities.

Now, I get it. That is the job of the SEC. With “The SEC has requested information from Facebook to learn how much the social-networking company knew about Cambridge Analytica’s data use, according to the Journal. In addition, the SEC reportedly wants to learn how Facebook analyzed its risk as developers shared data with others against Facebook’s policies“, we see that the SEC is merely doing its job and even if we believe the meida and some of the revelations that passed our screens, the SEC has a clear directive, merely set in factual evidence. Yet the can of goods is seen with “The SEC is also looking into whether the company should’ve told shareholders about Cambridge Analytica’s policy violation when Facebook found out about it, in 2015“, it is not the game, but it is a setting of the stage. In my view there is doubt that this was properly done. The issue is not whether it happened, it is the setting that we must speculate on what would have happened next, and that whilst there is no evidence that something was done. Not the acts of Cambridge Analytica their part is a foregone conclusion. The issue is as long as there is no evidence showing that the data was sold on to other parties. The value of the company would not have been impacted, which would have negatively impacted shareholders. That is the game the SEC is set with that is their duty and they are doing that just fine.

The question becomes on what stage is speculation of something that might have happened set in actionable consideration two years after the fact, that is the setting and that will be a dry bone as far as I can tell. Still the SEC has a duty to perform and they are doing that. Even as Endgadget goes with “the agency might disagree with Facebook’s perspective and find the company at fault for not properly informing shareholders“, the setting is not a given. You see, the impact of value was after the revelation and after the shareholders were spooked by the fear mongering media. As long as there is no evidence that a third party has all the raw data, the value impact is close to nil. The only impact that the SEC should be allowed to consider is the negative impact of value, if proven that data left control of Facebook and only when that evidence is proven to have impacted Facebook before Jan 2018, only at that point is there an optional issue and there is a second tier in all this. If any shareholder is in both companies, it becomes a little murky, because at that point the shareholders themselves will be up for investigation. Whether this is true cannot be said because the first part for the SEC is proving that the second player actually has the raw Facebook data, in all this aggregated data lacks value and interactions on aggregates data is just too shallow for consideration.

And this is just one of the settings. The second and main setting is the Diversity report that Facebook has presented. The Verge is all about the focus on ‘Change is coming slowly, if it comes at all‘, which is a given in most companies (Apple and Google are optionally the exception). The setting is however no longer just about optional diversity, it is about bankable value and the national patent value that these places have in that setting diversity be damned and Endgadget knows this the fact that they took a page to focus on ‘diversity’ whilst there are much larger fish swimming in the Facebook pond is to some a total mystery. The IP Watchdog gives us another side and a side that in this day and age are actually really important. There we see (as a small grasp):

  • U.S. Patent No. 8732802, titled: ‘Receiving Information About a User From a Third Party Application Based on Action Types’. Issued to Facebook in May 2014.
  • U.S. Patent No. 8938411, titled: ‘Inferring User Family Connections From Social Interactions’. Issued to Facebook in January 2015.
  • U.S. Patent No. 9740752, titled: ‘Determining User Personality Characteristics From Social Networking System Communications and Characteristics’. Issued to Facebook August 2017.
  • U.S. Patent No. 9798382, titled: ‘Systems and Methods of Eye Tracking Data Analysis’. Issued to Facebook October 2017.
  • U.S. Patent No. 9923981, titled: ‘Capturing Structured Data About Previous Events From Users of a Social Networking System’. Issued to Facebook March 2018.

These are only 5 out of a large basket of patents and the issue is not about diversity of staff, it is about the diversity of the population. The setting does not change that much, because changes might be small, but consider that in this case we have an additional 1 TB a day that can now be used very effectively. So even as the Verge reminds us with “Rep. G.K. Butterfield (D-NC) took some time out of a congressional hearing in the wake of the Cambridge Analytica scandal to grill CEO Mark Zuckerberg about increasing diversity at the company, something that Zuckerberg said that Facebook was “focused on.”“, we can take diversity as stated with ‘increasing diversity at the company‘ as either staff diversity or data diversity, I guess that I am going with number two on that one. You see, even as I tipped on ‘diversity’ we all recollect places like Forbes and the Financial Times on how it leads to better profits. It is the reason it reflects on the shareholders on how that notion gives them an on the spot hard on, male and female shareholders alike. Yet, the much larger revenue boost is seen when we combine the setting of the patents, the data that Facebook has and now we get to yesterday’s story, In yesterday’s article (at https://lawlordtobe.com/2018/07/12/seeking-security-whilst-growing-anarchy/), I left a few screws fall all over the place. With ‘Seeking security whilst growing anarchy‘, I gave a title that could be read in more than one way. The part I just skipped yesterday (as the story would have been too large) was seen with “So now we get the setting of ‘who is exactly waging war on who’, or is that whom?“, as well as “the defense ‘laws governing wars were devised with conflicts between states in mind‘ can no longer be upheld“. These were true settings, yet the setting of the data was partially set in “how many flags were raised by that one person, yet now not on 5 tests, but on dozens of tests, against people, places, actions and locations at specific times“, there we see the issue, but there is a complication, the bulk of the people actively sought all use burner phones, they tend to be nervous and do not call, yet they are closely grouped together and that is a first setting. Now consider that for the most burner phones are useless, now consider these people taking hours to keep busy and some will go for the silliest diversion. A diversion like a simple Candy Crush, now take another look at the 5 patents, consider that the burner phone is useless for intelligence, but now reconsider that value when these patents are used, not merely for tracking needs, but reconsider the ‘Eye Tracking Data Analysis‘ add the camera to take a silent image of the iris, it is almost as good as a fingerprint. Now add ‘Structured Data About Previous Events From Users‘. Two of the five added to the billions of users on Facebook and now we have a system that does a lot more, it is the 32% that Palantir inc. does not have, the patents that Facebook has allows not merely for a diversity growth factor, it will be one of the few times that any company had two massive niches in data, when Combined it allows the US to have a grasp of a system that allows near real time tracking of anyone they seek, this system can void well over 80% of the false flags making the data system well over 10 times as efficient than ever before. So yes, we can argue the truth of “Not to worry, says Facebook VP Allen Lo, head of intellectual property. “Most of the technology outlined in these patents has not been included in any of our products, and never will be,” he told the Times in an email” as a master of IP I do know the length that Facebook has been through with patents and he is telling the truth, the product of Facebook is Facebook, that system will not go there, but will be in all kinds of different technical solutions that allows for new methods of data gathering. Even as it is a burner phone, when they take it for a mere leap into betting solutions and gaming procrastination, they will hit some top 10 app of the month and that is when one element of data is connected to the ones that matter for those seeking these really welcome people for personal one on one interviews. And there we see the link between places like Palantir and Zuckerberg (not Facebook). Sen. Maria Cantwell was asking around the edges for a reason, the April interview had another reason, one that I was never aware off (or considered). It seems that she heard water cooler chats on settings of Palantir, this was about a larger issue and the Patents had clearly indicated options for Facebook, it was not about the setting (as she put it) ‘the talent and the will to solve this problem‘ it is given that Palantir knows that Facebook Inc. can become a contender and with the data that could be available, we see a setting where Palantir would be going up against a new player having 500% of the data that the Palantir customer has and more important, Facebook has the patents to partially solve the burner phone issues much better then Palantir ever had the option for and that is a real new path in this field. So as I personally read it, Sen. Maria Cantwell was asking whether Mark Zuckerberg was ready to become a player in this field.

So yes, even as we see that some steps are small (like diversity and torts law), Facebook has an optional setting to take a leap forward, not by a mere length, but by an entire class of data options, which is new and that is where those investigating Cambridge Analytica never looked at, or so we were meant to believe, Sen. Maria Cantwell might be the first through orders or insight to do just that.

That setting is now still under debate, not because of the tech, but because of a case of OIL STATES ENERGY SERVICES, LLC v. GREENE’S ENERGY GROUP, LLC, ET AL. No. 16–712 (decided April 24th, 2018), this case changes the game all over, because until overruled by the US Congress, we now have a setting where we see that the possibility that patents are no longer property rights is close to an absolute. Patents are not property rights and will not be property rights until Congress overrules the case, so in this the entire patents side is now a new setting that it is set as a government franchise, so in all this Facebook has the one play to set themselves apart from the rest of the data players, and some might state that the setting of the decision of the Supreme Court was a forgone conclusion close to two weeks earlier, so Sen. Maria Cantwell was either on the ball or asked the perfect questions two weeks in advance, I wonder who ended up with a boatload of speculated wealth, because someone definitely got rich in that process (happy speculation with a smile from the writer).

In all this it was not merely the setting of diversity and how to see it, but the fact that a place like Facebook might think iterative within its Facebook app, it has options and therefor opportunities in a much larger field than merely the Facebook app. So if Palantir is not worried on what comes next, they are more asleep at the wheel than you imagine; a small spoiler alert here: the people at Palantir are a lot of things, they have never ever been asleep so they know what is coming and as the path of Facebook is allegedly on now is regarded as government Franchise terrain, we need to wonder where this goes next as they are still all about finding those illusive extremists, all depending on burner smart phones.

I wonder when the rest realises what the patent holders have been able to achieve in mobile communications, now consider 350% of speed increase and 700% of data markers with the release of 5G, now revaluate the Patents that the Facebook corporation has and consider how much larger they could optionally become by 2021. Now reconsider the Forbes list of ‘The World’s Most Valuable Brands‘ and consider its position in 2021. I doubt that it will be #1 at that time, but it will be equal if not bigger then Google by then taking its #2 position away from them, and leaving Microsoft a distant #4. Although Microsoft is doing plenty to diminish its value all by themselves, they do not need to rely on Google and Facebook to reduce their position for them.

Iterative act never go anywhere, it is the setting of new stages where true fortunes are gathered.

Happy Friday 13th everyone! (Please don’t meet a guy named Jason today)

 

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Iranian decisions

At 00:10 Tel Aviv Time, roughly 07:10 here, the time of waiting was over, Iran has fired its missiles on Israel making the outstanding option of an impending war a lot more realistic. In this the Guardian gives us (at https://www.theguardian.com/world/2018/may/09/iran-fires-20-rockets-syria-golan-heights-israel) “Iranian forces stationed in Syria fired approximately 20 projectiles at Israeli military positions in the Golan Heights just after midnight on Thursday, Israel’s defence forces (IDF) said“, in addition we see “Several but not all rockets were intercepted by Israeli air defences, an IDF spokesman, Lt. Col. Jonathan Conricus, told reporters“, whatever happens, will happen soon, because if sch a barrage cannot completely be stopped, we can deduce that it will not take long for Iran to take a more targeted notion, yes, my version is speculative, yet the warmongering words from the last weeks gives rise to take it all a lot more serious than it has been taken in the past. So when we see ““The IDF views this Iranian attack very severely,” Conricus said. “This event is not over”“, we better believe that more is to come. There is an additional setting, this attack could only have been done with the approval of President Bashar al-Assad, so he is feeling secure enough with Iran and Russia backing him, so the picture changes on a few fronts, this is no longer merely settling whatever Iran thought it was settling, this could have much larger repercussions. Turkey is already voicing support for Iran and siding with Russia (they are playing their hand cautiously, yet Turkey is all in with their anti-Israel views. It gets to be worse, because as the US pulled out of the nuclear Iran accord, we now see ‘EU rushes to arrange crisis meeting with Iran over nuclear deal‘ (at https://www.theguardian.com/world/2018/may/09/eu-moves-to-protect-european-firms-from-us-sanctions-on-iran), so even as we know that there are several things wrong, even as Iran meddled in other business and now is responsible for direct missile attacks on Israel, we see that Europe is still trying to make some level of a deal with Iran. It goes even further when we see “Work on the package being coordinated by the European Union is at an early stage, but the EU is being urged to warn the US it will impose countersanctions if the US attempts unjustifiably to cripple EU firms trading with Iran“, yet the foundation is that there has been more and more overwhelming evidence that Iran has not been dealing in good faith. When we consider the earlier settings that I mentioned 3 days ago in ‘Stopping Slumber, Halting Hesitation‘ (at https://lawlordtobe.com/2018/05/07/stopping-slumber-halting-hesitation/), we can just quickly decide that they were prepping for all this, which would be incorrect, yet the fact that 20 missiles got there so quickly to be fired on the Golan heights also indicates that there was Iranian willingness to go that distance in several political branches and on pretty much all military levels, which is equally unsettling. The issue is that the EU remains a lot quieter when it comes to the involvement of Turkey. It is a personal view of mine, yet I believe that there will be diminished needs soon enough and there is a Turkey EU membership play coming. The beginning of ‘compliance delay messages‘ is merely an indicator, I believe that the fear mongering will get worse and too many parties are playing that game, that whilst the denial of Turkey into the EU should have been clearly made well over a year ago.  So when we are treated to “The European Union is scrambling to arrange a crisis meeting with Iran after Donald Trump pulled out of the nuclear agreement, as the Iranian president Hassan Rouhani said Europe had a “very limited opportunity” to save the deal“, we also need to keep in mind that terms like ‘could’ connected to ‘shut down UK’ on EU laws, this level of fear mongering is just beyond acceptable and we might all be better off in a direct war and whomever survives will suddenly demand near draconian treatment of the media, even as Leveson 2 is (for now) off the rails, the next crises will not go that smooth for whomever is demanding greater accountability of the media. That is not the only part, the entire Turkish economy and the S&P decision to regard Turkey. As it junkified its currency rating from ‘BB/B’ to ‘BB-/B’, we see a larger impact and when we consider that the Turkish lira (TRY) has fallen 7.4% this year and in that setting, including the corporate debt problems that Turkey is facing, the entire blow hard whilst they are not producing any music is more than merely wind in the air, as Turkish economic growth has been fueled by cheap international credit, we still see the need to pay for all that and now as we see (actually it was last month) with “Yildiz Holding—owner of the brands Godiva chocolate and McVitie’s biscuits requires a complete restructure of $6.5bn of its total $8.5bn of debt by the end of this week“, a cookie factory having an eight billion dollar debt? What else is in such disrepair? That shows just how desperate Turkey is at present to get into bed with almost anyone, that is what we are allowing in our midst and there is no level of fear that seems to be reflecting off the sides of EU Brussels and Strasbourg, which is also unsettling, now as they are optional diplomats in a really bad case of reconsideration by merely the EU to get the nuclear deal going, now we see the rise of mentions and soft press tapping on Turkish doors.

That alone should scare us beyond measure!

There is no case against it all and whilst Turkey is at a stage what some call ‘Hostage Diplomacy‘ whilst they are now upgrading their arsenal with the Russian S-400, the game switches and none of this will end up having a happy ending. For now we can leave Russia out of this as its focus is merely the US, or intermittent board hugging to make the US look bad via the EU, yet overall the setting here is not too negative (for now), the issue merely becomes hoe friendly it needs to remain with Iran in the mix, because there is the game on a different level. From my point of view there is a certain level of polarisation, even as Europe should stand next to Israel, it seems intent on standing ‘diplomatically‘ alone so that they need not stand opposing Turkey, that is merely one view, yet in light of its financial hardships and Turkish needs to be seen positive towards becoming an EU nation is not a good combination. So when we see the EU with “As long as Iran continues to implement its nuclear related commitments, as it has been doing so far and has been confirmed by the International Atomic Energy Agency in 10 consecutive reports, the EU will remain committed to the continued full and effective implementation of the nuclear deal“, which all might be very true, yet Iran has shown different colours in Syria and against Israel, so that stance is not merely wrong it promotes polarisation. On the one hand, the EU is not doing anything wrong from that one treaty point of view, yet in light of what we have seen in Syria, there are a lot more issues in play, not all are on Iran, some are allegedly issues for Iran to answer, but I wish to not use that in the examples, merely because they are allegedly part of anything, meaning they are part of nothing until confirmed and when we consider the utter uselessness on the last chemical attack reports, certain Syrian issues cannot be labelled to anyone but Syria itself. So as things in Syria escalates and as Iran is escalating them, or at least actively part of the escalation, the EU will need to take a stance sooner rather than later, they prefer later, yet when they are forced onto a corner and they select Turkey and Iran over Israel, the game will quickly change and not only is Europe feeling that drain, the impact that will happen in the middle East, is one that Europe will suffer for a much longer time than they bargained for and there is no quick solution for the wrong decision. That will be evident pretty soon at this stage.

So as we see one side evolve, we see in similar news from the Wall Street Journal (at https://www.wsj.com/articles/missiles-fired-at-saudi-arabia-signal-support-for-iran-by-its-proxies-1525886469) the mention “Iran-backed Houthi rebels in Yemen fired a barrage of missiles into Saudi Arabia on Wednesday, an early indication that Iran’s allies in the Middle East are likely to flex their muscles in a show of support for their patron—risking a wider conflict“, I think that these events which were apart by merely a few hours had some levels of coordination. So when we see “Yemeni army forces, supported by allied fighters from Popular Committees, have fired a salvo of domestically-designed and -developed ballistic missiles at “economic targets” in the Saudi capital city of Riyadh in retaliation to the Al Saud’s devastating military aggression against their impoverished country“, we need to keep a clear mind. The missiles are said to be Yemeni (Borkan H-2 missiles), yet the information on the H2 is that it is said to be a short range ballistic missile with normally a range of about 1,000 kilometres (620 mi) or less. Even as we see it is almost capable of making the 1,036 km to Riyadh, the setting that we see with ‘economic targets‘, whilst at the maximum distance, the chance of actually hitting what is aimed for at the maximum range is a lot less likely or possible, not without and ace rocket and ballistic expert at the missile site; the Houthi’s are a little short on both, so we have, in my personal opinion, either Houthi’s that want to hit any part (mainly civilian parts) of Riyadh and they merely claim to be aiming for a bank, or the optional more likely setting is that Iran has been directly involved in training the Houthi’s or firing the missiles themselves. Now, we can opt for option one, yet the training curve would be a little devastating on all minds involved (even if you use targeting computers and software, yet they have had the time to train the Houthi’s for months, so it is possible, yet I personally see it as less likely (again merely speculation from my side), so when we consider that Iran is waging war on two fronts, so far (as far as I can recall) only Napoleon and Adolf Hitler were that stupid and how did it end for them? There is an optional thought that Iran will be hiding behind European coat tails in the end, but that is still speculation without evidence (at present), perhaps that is why Turkey is in a desperate state to become part of the EU?

I am merely asking, because the Iranian decisions we are seeing over the last 24 hours give rise not to the US, but to other players hoping to wage ‘extreme’ solutions to make things go forward for them, whilst the opposing player has no intention of playing nice, the US can’t start another war and Iran might be hoping that the EU is too unwilling to see its economic setting dissolved through armed conflict. It would be a decent tactic to play, but for now it merely remains a setting of speculation. Yet, in all this, there is more than just saber rattling. When we look at Reuters we see “Turkey will continue its trade with Iran as much as possible and will not be answerable to anyone else, Economy Minister Nihat Zeybekci said on Tuesday, as U.S. President Donald Trump said the United States was withdrawing from the 2015 Iran nuclear deal“, so we see Turkey with an utter lack of accepting accountability for the economic paths that they are trying to get on (aka the EU gravy train). How can anyone expect Turkey to have any level of civility in the setting of economic partnerships? Because in the EU setting, we have seen more than one play where such acts would not have been allowed, yet Turkey is setting the pace to do just that. It is an important setting as it gives Iran a green light they should not have had, it is merely the outspoken voice to set the colour of options, and that colour is the one of explosive red. That is shown by others as the setting that is not to be allowed. Even as we understand that there is a setting that Italy, Germany and France do not want these sanctions to happen, we see that their voice gives “Patrick Pouyanné, the chief executive of the French energy firm Total, has already called for the EU to pass a blocking statute“, which makes perfect sense, and it is likely to happen, yet when we see the Turkish response with “Turkey will continue its trade with Iran as much as possible and will not be answerable to anyone else“, it merely shows that they are nowhere near ready to be allowed into the EU as a member state, because when they do something like this after they are admitted, the game changes by a lot and from that moment onward Turkey becomes merely the liability of the EU, not a member of the EU and there is a large distinct difference, even as we see them in the current setting for now, there is absolutely no guarantee that they will not continue on the undermining path that they are on, we have seen too many instances of Turkey acting that way that way in the last few years.

When we return to Iran we seem to be in deep water, not healthy waters by the way, the Riyadh/Golan actions are debatable at the very least and the fact that they are being mixed gives light to the dangers that are upcoming. Can they be avoided is the larger question, I am unsure of an answer, the fact that Yemen and Syria happened at almost the same time is a larger issue to contemplate and I have no factual useful response. Waiting for now is pretty much all we can do. I don’t think that we have to wait for too long as Israel has already announced retaliatory strikes a mere 15 minutes ago (source: Haaretz). So this cookie will not merely escalate, it is certainly the setting where other cookies get crumbled as well, the mere question is: “What are our options as per tomorrow, or the day after?

I do not know, when it comes to Yemen, we all (mainly the EU, NATO and USA) sat on our hands for far too long and they have made it part of the package deal. So the first act (at present) might just depend on how much Saudi Arabia feels threatened.

 

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Waking up 5 years late

I have had something like this, I swear it’s true. It was after I came back from the Middle East, I was more of a ‘party person’ in those days and I would party all weekend non-stop. It would start on Friday evening and I would get home Sunday afternoon. So one weekend, I had gone through the nightclub, day club, bars and Shoarma pit stops after which I went home. I went to bed and I get woken up by the telephone. It is my boss, asking me whether I would be coming to work that day. I noticed it was 09:30, I had overslept. I apologised and rushed to the office. I told him I was sorry that I had overslept and I did not expect too much nose as it was the first time that I had overslept. So the follow up question became “and where were you yesterday?” My puzzled look from my eyes told him something was wrong. It was Tuesday! I had actually slept from Sunday afternoon until Tuesday morning. It would be the weirdest week in a lifetime. I had lost an entire day and I had no idea how I lost a day. I still think back to that moment every now and then, the sensation of the perception of a week being different, I never got over it, now 31 years ago, and it still gets to me every now and then.

A similar sensation is optionally hitting Christine Lagarde I reckon, although if she is still hitting the party scene, my initial response will be “You go girl!

You see with “Market power wielded by US tech giants concerns IMF chief” (at https://www.theguardian.com/business/2018/apr/19/market-power-wielded-by-us-tech-giants-concerns-imf-chief-christine-lagarde) we see the issues on a very different level. So even as we all accept “Christine Lagarde, has expressed concern about the market power wielded by the US technology giants and called for more competition to protect economies and individuals”, we see not the message, but the exclusion. So as we consider “Pressure has been building in the US for antitrust laws to be used to break up some of the biggest companies, with Google, Facebook and Amazon all targeted by critics“, I see a very different landscape. You see as we see Microsoft, IBM and Apple missing in that group, it is my personal consideration that this is about something else. You see Microsoft, IBM and Apple have one thing in common. They are Patent Powerhouses and no one messes with those. This is about power consolidation and the fact that Christine Lagarde is speaking out in such a way is an absolute hypocrite setting for the IMF to have.

You see, to get that you need to be aware of two elements. The first is the American economy. Now in my personal (highly opposed) vision, the US has been bankrupt; it has been for some time and just like the entire Moody debacle in 2008. People might have seen in in ‘the Big Short‘, a movie that showed part of it and whilst the Guardian reported ““Moody’s failed to adhere to its own credit-rating standards and fell short on its pledge of transparency in the run-up to the ‘great recession’,” principal deputy associate attorney general Bill Baer said in the statement“, it is merely one version of betrayal to the people of the US by giving protection to special people in excess of billions and they merely had to pay a $864m penalty. I am certain that those billionaires have split that penalty amongst them. So, as I stated, the US should be seen as bankrupt. It is not the only part in this. The Sydney Morning Herald (at https://www.smh.com.au/business/the-economy/how-trump-s-hair-raising-level-of-debt-could-bring-us-all-crashing-down-20180420-p4zank.html) gives us “Twin reports by the International Monetary Fund sketch a chain reaction of dangerous consequences for world finance. The policy – if you can call it that – puts the US on an untenable debt trajectory. It smacks of Latin American caudillo populism, a Peronist contagion that threatens to destroy the moral foundations of the Great Republic. The IMF’s Fiscal Monitor estimates that the US budget deficit will spike to 5.3 per cent of GDP this year and 5.9 per cent in 2019. This is happening at a stage of the economic cycle when swelling tax revenues should be reducing net borrowing to zero“. I am actually decently certain that this will happen. Now we need to look back to my earlier statement.

You see, if the US borrowing power is nullified, the US is left without any options, unless (you saw that coming didn’t you). The underwriting power of debt becomes patent power. Patents have been set to IP support. I attended a few of those events (being a Master of Intellectual Property Law) and even as my heart is in Trademarks, I do have a fine appreciation of Patents. In this the econometrics of the world are seeing the national values and the value of any GDP supported by the economic value of patents.

In this, in 2016 we got “Innovation and creative endeavors are indispensable elements that drive economic growth and sustain the competitive edge of the U.S. economy. The last century recorded unprecedented improvements in the health, economic well-being, and overall quality of life for the entire U.S. population. As the world leader in innovation, U.S. companies have relied on intellectual property (IP) as one of the leading tools with which such advances were promoted and realized. Patents, trademarks, and copyrights are the principal means for establishing ownership rights to the creations, inventions, and brands that can be used to generate tangible economic benefits to their owner“, as such the cookie has crumbled into where the value is set (see attached), one of the key findings is “IP-intensive industries continue to be a major, integral and growing part of the U.S. economy“, as such we see the tech giants that I mentioned as missing and not being mentioned by Christine Lagarde. It is merely one setting and there are optionally a lot more, but in light of certain elements I believe that patents are a driving force and those three have a bundle, Apple has so many that it can use those patents too buy several European nations. IBM with their (what I personally believe to be) an overvalued Watson, we have seen the entire mess moving forward, presenting itself and pushing ‘boundaries’ as we are set into a stage of ‘look what’s coming’! It is all about research, MIT and Think 2018. It is almost like Think 2018 is about the point of concept, the moment of awareness and the professional use of AI. In that IBM, in its own blog accidently gave away the goods as I see it with: “As we get closer to Think, we’re looking forward to unveiling more sessions, speakers and demos“, I think they are close, they are getting to certain levels, but they are not there yet. In my personal view they need to keep the momentum going, even if they need to throw in three more high exposed events, free plane tickets and all kinds of swag to flim flam the audience. I think that they are prepping for the events that will not be complete in an alpha stage until 2020. Yet that momentum is growing, and it needs to remain growing. Two quotes give us that essential ‘need’.

  1. The US Army signed a 33-month, $135 million contract with IBM for cloud services including Watson IoT, predictive analytics and AI for better visibility into equipment readiness.
  2. In 2017, IBM inventors received more than 1,900 patents for new cloud technologies to help solve critical business challenges.

The second is the money shot. An early estimate is outside of the realm of most, you see the IP Watchdog gave us: “IBM Inventors received a record 9043 US patents in 2017, patenting in such areas as AI, Cloud, Blockchain, Cybersecurity and Quantum Computing technology“, the low estimate is a value of $11.8 trillion dollars. That is what IBM is sitting on. That is the power of just ONE tech giant, and how come that Christine Lagarde missed out on mentioning IBM? I’ll let you decide, or perhaps it was Larry Elliott from the Guardian who missed out? I doubt it, because Larry Elliott is many things, stupid ain’t one. I might not agree with him, or at times with his point of view, but he is the clever one and his views are valid ones.

So in all this we see that there is a push, but is it the one the IMF is giving or is there another play? The fact that banks have a much larger influence in what happens is not mentioned, yet that is not the play and I accept that, it is not what is at stake. There is a push on many levels and even as we agree that some tech giants have a larger piece of the cake (Facebook, Google and Amazon), a lot could have been prevented by proper corporate taxation, but that gets to most of the EU and the American Donald Duck, or was that Trump are all about not walking that road? The fact that Christine has failed (one amongst many) to introduce proper tax accountability on tech giants is a much larger issue and it is not all on her plate in all honesty, so there are a few issues with all this and the supporting views on all this is not given with “Lagarde expressed concern at the growing threat of a trade war between the US and China, saying that protectionism posed a threat to the upswing in the global economy and to an international system that had served countries well“, it is seen in several fields, one field, was given by The Hill, in an opinion piece. The information is accurate it is merely important to see that it has the views of the writer (just like any blog).

So with “Last December, the United States and 76 other WTO members agreed at the Buenos Aires WTO Ministerial to start exploring WTO negotiations on trade-related aspects of e-commerce. Those WTO members are now beginning their work by identifying the objectives of such an agreement. The U.S. paper is an important contribution because it comprehensively addresses the digital trade barriers faced by many companies“, which now underlines “A recent United States paper submitted to the World Trade Organization (WTO) is a notable step toward establishing rules to remove digital trade barriers. The paper is significant for identifying the objectives of an international agreement on digital trade“. This now directly gives rise to “the American Bar Association Section of Intellectual Property Law also requested that the new NAFTA require increased protections in trade secrets, trademarks, copyrights, and patents“, which we get from ‘Ambassador Lighthizer Urged to Include Intellectual Property Protections in New NAFTA‘ (at https://www.jdsupra.com/legalnews/ambassador-lighthizer-urged-to-include-52674/) less than 10 hours ago. So when we link that to the quote “The proposals included: that Canada and Mexico establish criminal penalties for trade secrets violations similar to those in the U.S. Economic Espionage Act, an agreement that Mexico eliminate its requirement that trademarks be visible, a prohibition on the lowering of minimum standards of patent protection“. So when we now look back towards the statement of Christine Lagarde and her exclusion of IBM, Microsoft and Apple, how is she not directly being a protectionist of some tech giants?

I think that the IMF is also feeling the waters what happens when the US economy takes a dip, because at the current debt levels that impact is a hell of a lot more intense and the games like Moody’s have been played and cannot be played again. Getting caught on that level means that the US would have to be removed from several world economic executive decisions, not a place anyone in Wall Street is willing to accept, so that that point Pandora’s Box gets opened and no one will be able to close it at that point. So after waking up 5 years late we see that the plays have been again and again about keeping the status quo and as such the digital rights is the one card left to play, which gives the three tech giants an amount of power they have never had before, so as everyone’s favourite slapping donkey (Facebook) is mentioned next to a few others, it is the issue of those not mentioned that will be having the cake and quality venison that we all desire. In this we are in a dangerous place, even more the small developers who come up with the interesting IP’s they envisioned. As their value becomes overstated from day one, they will be pushed to sell their IP way too early, more important, that point comes before their value comes to fruition and as such those tech giants (Apple, IBM, and Microsoft) will get an even more overbearing value. Let’s be clear they are not alone, the larger players like Samsung, Canon, Qualcomm, LG Electronics, Sony and Fujitsu are also on that list. The list of top players has around 300 members, including 6 universities (all American). So that part of the entire economy is massively in American hands and we see no clear second place, not for a long time. Even as the singled out tech giants are on that list, it is the value that they have that sets them a little more apart. Perhaps when you consider having a go at three of them, whilst one is already under heavy emotional scrutiny is perhaps a small price to pay.

How nice for them to wake up, I merely lost one day once, they have been playing the sleeping game for years and we will get that invoice at the expense of the futures we were not allowed to have, if you wonder how weird that statement is, then take a look at the current retirees, the devaluation they face, the amount they are still about to lose and wonder what you will be left with when you consider that the social jar will be empty long before you retire. The one part we hoped to have at the very least is the one we will never have because governments decided that budgeting was just too hard a task, so they preferred to squander it all away. The gap of those who have and those who have not will become a lot wider over the next 5 years, so those who retire before 2028 will see hardships they never bargained for. So how exactly are you served with addressing “‘too much concentration in hands of the few’ does not help economy“, they aren’t and you weren’t. It is merely the setting for what comes next, because in all this it was never about that. It is the first fear of America that counts. With ‘US ponders how it can stem China’s technology march‘ (at http://www.afr.com/news/world/us-ponders-how-it-can-stem-chinas-technology-march-20180418-h0yyaw), we start seeing that shift, so as we see “The New York Times reported on April 7 that “at the heart” of the trade dispute is a contest over which country plays “a leading role in high-tech industries”. The Wall Street Journal reported on April 12 that the US was preparing rules to block Chinese technology investment in the US, while continuing to negotiate over trade penalties“, we see the shifted theatre of trade war. It will be about the national economic value with the weight of patents smack in the middle. In that regard, the more you depreciate other parts, the more important the value of patents becomes. It is not a simple or easy picture, but we will see loads of econometrics giving their view on all that within the next 2-3 weeks.

Have a great weekend and please do not bother to wake up, it seems that Christine Lagarde didn’t bother waking up for years.

 

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That’s entertainment

Today is a weird day, it is globally weird. You see, today billions will focus on who is getting an Academy Award, some are hoping to see the idol of their life, like Chris Hemsworth or Scarlett Johansson. Some hope that Stan Lee will be asked to hand out an Oscar and others (many ladies) are hoping to see the extravagant post fashion styles that the ladies will cloth themselves in. Among them millions of movie fans that get to see if it is the movie that they liked will win the Oscar. Now with Saudi Arabia opening cinemas in Saudi Arabia, will the MBC Group be there this year or will they start broadcasting the event next year? Another optional group of 34 million viewers in a group that currently is set to billions.

So whilst we wonder which one will become the best movie, my vote is on the Shape of Water, yet I believe the statue is likely to go to Three Billboards Outside Ebbing, Missouri. No matter who will win, we see that in Syria ‘forces loyal to the Syrian president, Bashar al-Assad, have captured six villages and towns bordering the besieged rebel-held enclave of eastern Ghouta, as hopes that a long-planned humanitarian convoy might enter the area were dashed again‘, so as we learn that the death toll of 103 since Saturday highlighted the paralysis of an international community that had demanded the ceasefire and the delivery of humanitarian aid, we need to realise that the UN and the UNSC has become nothing more than a paper tiger that has the ability to roar towards the media, but without claws and teeth, it can no longer be the legislation that bites, or the shield that scratches. Just like the Wonder Woman 1:1 figurine (at https://www.cbr.com/life-size-wonder-woman-statue/), that is for sale for $1990, pretty, nice, but basically something you can walk around and unless you have real space in your apartment space that remains wasted but for the true Wonder Woman fan. It is a shame that the once mighty organisation has lost its impact on the world, well that is how the 475,000 fatalities in Syria feel about it. Oh, no, they do not. They are dead, they no longer feel anything.

So whilst we look back on the Oscars, wondering who best actor and actress will be, I have to admit that I am clueless. I had not seen Margot Robbie, or Saoirse Ronan, but both Francess McDormand and Meryl Streep did shine in their parts, my money will this time be on the 3 billboards main character, but it is anyone’s guess, I can’t even be sure if the experts in acting can figure out who will win that one. So as we are in that part, we need to realise that Danny Danon is quoted by the Jerusalem Post (at http://www.jpost.com/Arab-Israeli-Conflict/UN-Ambassador-Danny-Danon-decries-UN-inaction-on-Iran-at-AIPAC-544188) to do something about Iran. Now, this is not the first time that Israel has issues with Iran. So when we see “While speaking at the AIPAC Committee Policy Conference in Washington on Sunday, Danon said it was crucial that the international community recognizes the threat Iran poses to regional stability. “It is vital that the UN focus on the real problems of the world, like Iran,” the ambassador said. “We all know just how dangerous this threat is, but the UN is wasting time and energy on votes and reports against Israel.”” we see nothing new, yet in the opposition, we see (at https://www.cnbc.com/2018/03/03/iran-calls-on-us-europe-to-scrap-nuclear-arms-missiles.html), that Iran has a warped sense of needs. With “Iran will not negotiate over its ballistic missiles until the United States and Europe dismantle their nuclear weapons, a top Iranian military official said on Saturday“, so not China, or Russia, or India. Merely that the US and Europe dismantle is. From my point of view, the ‘top Iranian military official‘ was born stupid and the man stopped evolving after birth. Naive and stupid in one efficiently compact package, could we get it any better? So when we see “Iran says its nuclear program is defensive because of its deterrent nature“, should we consider its delivery to Yemen as a defensive posture? And what happens when the Iranians ‘accidently‘ (due to their lack of intelligence) send the wrong missile to Yemen? Will we get to see the UN representative go ‘oops!‘? I am merely asking because of the short-sighted situation here and in all this the stage of the theatres in politics and the theatres of war seem to overlap, none of them worthy of an Oscar in this particular setting, but we thank the nominees for playing their part. So whilst we saw the Paper Tiger called ‘United Nations’ in other settings, we see that the acts by the “UN Human Rights Council’s “blacklist” of Israeli and international companies operating in Jerusalem, Judea and Samaria and the Golan Heights” is setting the premise in a different light. So whilst we see “a US delegation visiting the West Bank had to be rescued by Palestinian Authority policemen on Thursday after being attacked“, we see that Palestine is still demanding to be recognised by the UN, whilst still sending rockets into Israel. Some things will never change I reckon, but it is a sad state of affairs across the decades.

When it comes to the supporting acts in the Oscars, my hopes are for Sam Rockwell and Octavia Spencer, that whilst the others would be equally deserving, especially Richard Jenkins, yet in the end, we can only cast out votes once and that is how I would have voted. In that same light as the United Nations Security Council cast its vote a week ago on a Russian sponsored resolution regarding Yemen, we see that the Toronto Star reported that 55 people dies in the clash in Yemen, so whilst we see (at https://www.defensenews.com/congress/2018/03/01/us-senators-want-vote-to-end-support-for-saudi-arabia-in-yemen-war/), that we see ‘US senators want vote to end support for Saudi Arabia in Yemen war‘, that whilst the rightful ruler asked for the help of Saudi Arabia, in all this, where was America? Oh and where is America in regards to the Syrian war? Perhaps some will remember the attack on 21st of August 2013, so when the UN inspection got there and they confirmed “clear and convincing evidence” of the use of Sarin delivered by surface-to-surface rockets; in addition a 2014 report by the UN Human Rights Council found that “significant quantities of sarin were used in a well-planned indiscriminate attack targeting civilian-inhabited areas, causing mass casualties. The evidence available concerning the nature, quality and quantity of the agents used on 21 August indicated that the perpetrators likely had access to the chemical weapons stockpile of the Syrian military, as well as the expertise and equipment necessary to safely manipulate large amount of chemical agents“. Yet the American satellites were useless, even as they got the IMAX view with stereo sound of the speculated 1600 bodies, who all screamed a horrible death as they died, the American saw nothing, or so they say. Perhaps it is like Turkey and the Armenian genocide. They were just too worried to kick the wrong political pile, or as the NY Times stated it “A bill to that effect nearly passed in the fall of 2007, gaining a majority of co-sponsors and passing a committee vote. But the Bush administration, noting that Turkey is a critical ally — more than 70 per cent of the military air supplies for Iraq go through the Incirlik airbase there — pressed for the bill to be withdrawn, and it was” (at http://www.nytimes.com/ref/timestopics/topics_armeniangenocide.html) and Bush was not alone The Obama administration did the same with “Ben Rhodes and Samantha Power, key foreign policy advisers to Obama, say his administration was too worried about offending Turkey” (at https://www.politico.com/story/2018/01/19/armenian-genocide-ben-rhodes-samantha-power-obama-349973), pussies, the whole bloody lot of them on both sides of the isle. So as we get “As a presidential candidate in 2008, Obama promised that he would formally recognize an Armenian genocide as historical fact. But as president, he passed up multiple chances to do so, including in 2015, when Armenians marked the 100th anniversary of the atrocities“, we need to recognise that recognition is no way to commerce and cash is king, especially in a bankrupt America, or so say the rulers from Wall Street. So in light of the inactions, will Hollywood make it up by making ‘Last Men in Aleppo‘ documentary of the year? I cannot tell because I did not see any of the documentaries, I do believe that Inside Job in 2010 was the last documentary I saw and that one actually gives more rise to the rumours that Wall Street is the actual ruler of America. The fact that Kim Kardashian, yes Kim Kardashian of all people who ended up bitch slapping the Wall Street Journal for denying the Armenian genocide must be the highlight for the WSJ to set in stone, sometimes the people you ignore because they are outside of ones scope of entertainment are the ones surprising you beyond belief. So as we are getting close to the start of the Oscars, as we wonder if there is going to be the crossing of dictionaries between Jimmy Kimmel and Matt Damon, we wonder if Jimmy is going to get a few jabs in against Mrs Damon’s favourite Martian.

As we wonder whether the UN has any values left by targeting Israel whilst ignoring Iran, whilst their actions regarding Syria are unanswered and unnoticed by Syria and Russia, we also see the accusations via Haaretz (at https://www.haaretz.com/us-news/allegation-kushner-punished-qatar-resurfaces-in-mueller-probe-1.5869124), that ‘Kushner Punished Qatar for Not Investing in Real-estate Deal Resurfaces in Mueller Probe‘, where we see “Special Counsel Robert Mueller has asked witnesses about Kushner’s attempts to secure financing for his family’s real estate ventures, focusing specifically on his talks with people from Qatar and Turkey, as well as Russia, China and the United Arab Emirates, NBC News said“, so even as it is about Qatar, the smallest part with ‘talks with people from Qatar and Turkey‘, so even here we see actions that involve Turkey somehow. The question becomes what did Turkey get out of it, because going back to 2001, we have seen that Turkey only acts when it (largely) benefits Turkey, a stance that cannot be faulted, but we can wonder if the other side has any business trying to do business with Turkey in the first place. so when we look at the Global Magnitsky Act (at https://www.hrw.org/news/2017/09/13/us-global-magnitsky-act), where we see: “In an important step for global accountability, Congress built on the original Russia-focused Magnitsky law in 2016 and enacted the Global Magnitsky Act, which allows the executive branch to impose visa bans and targeted sanctions on individuals anywhere in the world responsible for committing human rights violations or acts of significant corruption. The act received widespread bipartisan support. Senator Ben Cardin, a Maryland Democrat, introduced a version of the bill, and five Republican senators and five Democratic senators signed on as co-sponsors. President Barack Obama signed the law on December 23, 2016“, yet as far as I have been able to find, there are no Turkish Parties in any of this, is that not odd. When we see the acts in Syria, or even closer to Turkey, the 6 journalists that have been ‘praised’ with life imprisonment, how humane has Turkey shown itself to be?

Yet in the end, we can see all this as a mere form of entertainment, there are the Oscars, we have the Raspberries where (unsurprisingly) this year the Emoji movie took a near clean sweep of all possible wins, we could get the Golden Bazooka, or the golden Rack (that device that adds 6 inches to your length in 5 minutes), is there any doubt who would win those trophies? I wonder if people would stay at home for that. Eating popcorn, watching the atrocities and voting who was the worst of the worst. It entertainment, that is how our lives are minimised and scrutinised to, because actually improving the overall state of the world might no longer be an option, in that we can see that the financial sector on a global scale removed all available funds for that endeavour.

That’s life, that’s entertainment and it is the way we now choose to live!

Through acts of inaction, shame on us!

 

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Removing the right of choice

Fox News had an opinion piece 2 days ago that only now met my eyes. Now, for the most, apart from some Guardian opinion pieces, I tend to stay away from them. Yet, this one caught my eye because not only was the situation upsetting. The issue that Americans use their right to free speech to deny others the right to choose (to some degree) is another matter and it became clear that I should give my view in all this.

The title ‘Is the West finally pushing Saudi Arabia to squelch its version of radical Islam?‘ First off, why on earth do we see the need ‘forcefully silence or suppress‘ the choice of Islam? Now, I am merely a Christian in this, but I do not see any reason here. In the second, the setting of ‘radical Islam‘ is equally an issue. What makes it radical? That is not me being clever, it is an actual question. When does any religion become ‘radical’?

Now, I am merely quoting Wiki here (just the easiest part), and important that as a Christian and not armed with a knowledge of Arabic, I might wrongfully quote her, so be aware of that. With: “In the 18th century, a pact between Islamic preacher Muhammad ibn Abd al-Wahhab and a regional emir, Muhammad bin Saud, brought a fiercely puritanical strain of Sunni Islam first to the Najd region and then to the Arabian Peninsula. Referred to by supporters as “Salafism” and by others as “Wahhabism”, this interpretation of Islam became the state religion and interpretation of Islam espoused by Muhammad bin Saud and his successors (the Al Saud family), who eventually created the modern kingdom of Saudi Arabia in 1932“, you see, my issue, perhaps partially better stated as my grievance with Nina Shea is not that she is a lawyer or a Christian, but that she is both. That one nation that has been hypocrite towards empowering outspoken Christians and Christian puritans at nearly every twist and turn of every American administration since WW1 is now speaking out against another puritan based religion? How screwed up is that?

And the fact that we also see in the Fox News pages that she currently is a leader of a campaign for Christians threatened with genocide by ISIS, is even worse. As American Presidents have refused to name the Armenian Genocide as such because of concerns over alienating Turkey, with former president Barack Obama being the latest weakling in that long line of individuals in denial. And when we get to alienating Turkey? Turkey alienated them self for a long time, going all the way back to 2001 and they only alienated themselves stronger with nearly everyone after that. So genocide is only recognised when it is in the interest of US political policies? How hypocrite is that? So even as this happened less than a year ago, we see: “But although ISIS’ genocidal intent has long been clear, the extent of the group’s atrocities has remained murky. Local authorities and human rights organizations have made some attempts to compile lists of victims. According to those lists, between 2,500 and 5,000 Yazidis had been killed by ISIS while over 6,000 had been kidnapped. But the UN has not yet been able to independently verify these figures” (source: www.foreignaffairs.com), so how should we see these differences?

Personally I have no issue with people and their religion, you see they can be a puritan as they want to be, and until they start pushing that onto us (read: me) they are fine. I have absolutely no regard for any Christian pushing their values onto others, in that I am quite happy to see the separation of state and church to be forever. There is in equal measure another issue, you see, puritan is often seen as ‘against pleasure‘, which is not always the case and that makes that discussion a lot harder, for what sets the definition of Puritan?

So when we see the quote from Nina Shea that gives us: “Now Europe is finding its voice with a new willingness to pressure the Saudi Arabian government to end its spread of extreme Islamic ideology, known in the West as Wahhabism“, so she has set ‘puritan‘ as ‘extreme version of‘. The question is on one side is what constitutes a puritan version as such and even if so, the Vatican forced Christianity into the world, whilst under its flag committed genocide by removing no less that 11 civilisations. The church and greed have gone hand in hand for centuries whilst the nobility, or should that be in modern tongue ‘Big Business’ have not been held accountable since before World War 1. The bible approved of slavery and in Matthew 19:14 and Mark 10:13 stated ‘Let the children come to me‘, Catholic priests saw that as an optional clear signal to fuck every young boy in town (whenever possible). So as the Holy See was considering thousands of priests actively taking the cherry from young boys for over 50 years, how many went to prison? In that light the media is equally to blame, until the movie Spotlight got the limelight in the Academy Awards, millions of Americans remained in denial. Even as the Boston Globe exposed it in 2002, it would take 13 years, until after the movie was released that the larger part of the media changed their tunes, the church still has that much power. So as we oppose one form of puritan religion, we see the outrages acts of our own religions and in that regard I have an issue with certain settings.

In addition we see: “As I told Congress in testimony last July, 16 years after the 9/11 attacks – led and carried out primarily by Saudis” we see yet another issue. In the first, this attack was done by Al-Qaeda, under the leadership of Osama Bin Laden, who was indeed born Saudi, yet he was banished from Saudi Arabia in 1992, 9 years before the event. More important, their family came from the Yememi Kindah, so another ‘faith’ altogether, in that regard, when we consider that Kindites converted to Judaism following the conversion of the Ḥimyarite kings, which happened roughly 1500 years ago, so why is she not blaming Israel in all this? It seems to me that Nina Shea has no religious agenda; she has a political one and is willing to play Saudi Arabia towards her needs. In the part that we accept that Al-Qaeda was made up from Islamic Extremists and Salafists, there is the legitimate question on how many of the members of Al-Qaeda are (still) Saudi, but is that even possible to grasp? There are so many splinter organisations, active all over the Middle East, In Yemen is gets even more of an issue where they are fighting the Houthi’s. The New York Post gave us two weeks ago: “An immigrant from Saudi Arabia suspected of applying to join an al-Qaeda training camp has been arrested on a visa fraud charge in Oklahoma, according to a report. The FBI recently discovered Naif Abdulaziz Alfallaj after his fingerprints matched those taken from a document found in Afghanistan“, it makes matters worse and less clear. It is not a clear picture for those getting all the information, for people like Nina Shea who are willing to ‘filter’ data before their presentation make matters worse, we do not only get a distorted picture, we get more non-truths (at times non-verifiable truths, or speculations) and as such the picture shift a little more. We can argue that to some Saudi citizens desire a life of ‘action’ in perhaps the wrong direction is preferred over whatever they had before. We have all had those moments. I myself have argued within myself to find 1-2 paedophilic priests and hang them in the nearest tree without trial, so should I join some anti-religion and blow up churches? Of course not, that would be just insane, but some might do just that.

So when we consider ‘members of the Ku Klux Klan planted and detonated dynamite at the 16th Street Baptist Church‘ we also need to see that J. Edgar Hoover had secret recordings that proving the involvement of guilty parties (according to some sources), he also ensured that a court could not use them as evidence to prosecute the attackers, making it more difficult to convict. For 14 years after the bombing, none of the men were prosecuted for their crime. The first one to be arrested (and convicted) was Robert Edward Chambliss in 1977. So we, Americans and non-American Christians alike have closets full of skeletons, perhaps when it comes to certain matters we should not be the judging or reforming parties in the matters of other nations.

Now, there are a few sides that do bare consideration.

Even if we agree with: “In 2010, a top U.S. Treasury counterterrorism official warned that without Saudi education reform “we will forever be faced with the challenge of disrupting the next group of terrorist facilitators and supporters.”“, Saudi Arabia is a sovereign state, it has its rights and it has forever been a Muslim state. You see, until the oil prices went down and the profits declined, America remained unwilling to hear any level of criticism on Saudi Arabia, making a lot of the matters in play hypocrite at best.

The next ‘wrongful representation‘ is “The West seems to be finally waking up. The new assertiveness shows official recognition of the link between Islamist ideology and terror, and our governments must keep it up“, you see, I see this as “as the profits are declining and as Saudi Arabia is now set to be a growing force beyond the petrochemical industry” we see issues because the ‘link between Islamist ideology and terror’ has been known for a long time and seen as such. Hamas, Hezbollah are the clearest ones. There is the Muslim Brotherhood, and plenty of others, whilst the PLO was delisted as a terrorist organisation is now again rearing its tail by no longer recognising the state of Israel, so that could escalate again. In addition we see that only the UK saw the Orange Volunteers as a terrorist organisation, I wonder why the US did not see it that way. So whatever makes that list is also very dependent on how they cross the United States of America (speculation on my side), so as the sovereign nation of Saudi Arabia is becoming a growing centre of commerce and an economic power we start seeing more anti-Saudi events. Yet the US will happily sell all the weapons and planes they can for now. Nina also refers to a report that was classified and forced into the open in 2016 regarding the Saudi textbooks (at https://www.nytimes.com/interactive/2016/08/17/international-home/document-state-dept-study-on-saudi-textbooks.html), it is 148 pages, so read it there (the PDF was too large to place here).

My issue in this is not the paper; it is the chance of comprehending it all, it is linked to hundreds of books, to hundreds or issues all linked to the Koran and to the rights that Saudi Arabia has as a sovereign nation. We might not agree and as Christians we might to a certain degree oppose outside of Saudi Arabia, but its sovereign rights are as they wanted it, linked to the Muslim faith. We need to recognise that we are not all alike, that others have their rights and they need not be based on democracy. However we must also recognise that ‘democracy’ in America and largely in Europe is set towards what the rich and powerful want it to be. If you disbelief that then try to change laws in America that makes Wall Street criminally accountable. Good luck getting that done within the next 50 years!

You see, in support of my view, I would like to call attention to page 3, where we see “The national identity of Saudi Arabia is deceptively simple. It is an absolute monarchy“, so what makes a monarchy absolute? The Netherlands is a monarchy, so is Sweden, Norway, Denmark, the United Kingdom, Belgium, Spain and a few others. So as these are predominantly Christian monarchies, are they not absolute or dangerous? Perhaps they are merely seeing eye-to-eye with the US and not that much of an economic threat? The EU and the ECB simmered down the European nations as threats is another view and it is for people with better economic degrees than mine to make a call on that. Again a speculation from my side, but it seems to me that the US would prefer every nation to be a republic, so that the larger corporations can sweep in and reduce that national population into a spreadsheet and reduce the abilities of those being a hindrance, a non-consumer or a liability.

We can take any view on these matters, but in the end we see a person with a rightful opinion get the centre stage all the way to the US Congress, whilst we consider her quote: “Germany finally pressed Saudi Arabia to close the King Fahd Academy in Bonn in spring 2017, according to a 2016 Deutsche Welle report. It first came under investigation 14 years earlier for alleged ties to al Qaeda“. The question that is here is ‘It first came under investigation 14 years earlier for alleged ties to al Qaeda‘, so was that ever proven? That is the part that Nina Shea does not want you to know; in addition there is the part that was in the Deutsche Welle. ‘Now, the King Fahd Academy is about to close its doors of its own accord‘, which she did not mention. In addition (at http://www.dw.com/en/controversial-saudi-school-in-bonn-to-close/a-19511109), we see the clear mention of ‘Moving beyond oil‘, it seems that Europe and the US stayed very silent whilst the oil profits were flowing their way making a lot Nina states even more hypocrite. So as Saudi Arabia’s Crown Prince Mohammed bin Salman is pushing stronger towards his “Vision 2030“, we see that slowly his reforms are catching hold, there is momentum and there is additional evidence that it is a worry for the United States, particularly the people who were having benefits on the matters before Vision 2030. When we consider the rumour from last month when we were introduced to “The new policy means Apple is administering collection and remittance of tax to authorities at a rate of 20 percent in Armenia and Belarus; 5 percent in Saudi Arabia; 18 percent in Turkey; and 5 percent in United Arab Emirates” we see the clear benefit for Apple to grow in Saudi Arabia, yet in that it could cost the US 20 cents to every dollar pushed to Saudi Arabia and as Apple tends to think in tens of billions, the US is about to lose out of a pretty penny they desperately need. In addition with Amazon and Google gaining tech hubs there, the loss of revenue and data is about to cost the US a lot more and in this greed driven economy that is what has been setting plenty of people over the rails and into the sea of chaos, frustration and outcry. So as Saudi Arabia ends up getting 5 data centres, how many will not be upgraded in the US or Europe in the near future? How much is that going to cost them?

These are all matters linked to the opinion of Nina Shea, because if that was not the case we would not have seen “These events are being driven by Western governments that are now pushing hard for the government of King Salman bin Abdulaziz Al Saud to pull back from Wahhabist support – a push that appears to be working“, you see, the fact that (some) schools closed on their own accord was not mentioned, neither is any part of Vision 2030 which has been on the front page of the Saudi plans of actions for almost 2 years now and in addition, when we see “For decades European and U.S. leaders bit their tongues while the Saudi governments spent billions of dollars indoctrinating Sunni Muslim communities“, whilst not stating that the oil money flowing into these places was too good to ignore is equally an issue because it shows us to be hypocrite and it shows Saudi Arabia to be business oriented. OK, I will give you that the last part is not entirely correct, but why did Europe and the US bite their tongues? If they were so morally high we would have seen a lot more, an issue that never happened.

So who will Nina Shea blame for that? I reckon we will leave it non-mentioned (for now).

Finally we need to look at her statement “Tiny Belgium, population 11.27 million, has sent more Islamic fighters to Syria per capita than any other European country“, so when we see the Wall Street Journal (at https://www.wsj.com/articles/europe-balks-at-taking-back-isis-fighters-1518557328) where we see the quote “An estimated two to three dozen Belgian foreign fighters are in detention in Syria and Iraq, another Belgian official said“, so as we consider an unrelated statistic like “Hospital medical errors are the third leading cause of death in the United States. That’s 700 people per day, notes Steve Swensen“, the fact that we see the mention of 36 Belgium fighters in Syria in a pool of 5000, seems to be too irrelevant to use as a focal point in her presentation, whilst in the US 700 people a day die in Hospitals through mere errors. She has the wrong focus as illumination in her presentations. You see, it would not have mattered if she had mentioned the number of Belgium fighters and the total pool of ‘extremists’ but she did not want that, she wanted the hypocrite limelight, so I will happily keep a focus on her and how she tries to misinform the people around her next.

In all this Fox News should get an equal share in the blame by not setting the stage properly. By leaving too much unstated we should consider that the reliability of Fox News and what they present is equally taking a turn downwards.

In the end

In the end this was less about speaking for Saudi Arabia (they can do that themselves perfectly well), then speaking against Nina Shea. I find this a hatched job that should not have been placed on Fox News the way it was. Whatever points she could have made was drowned out by the misrepresentation that I see them to be and in several fields in many ways. This requires me to add her mention of ‘Islamist terror has replaced chocolate as Belgium’s best known export‘, you see the best export the Belgium ever had was beer, the finest in the world. And even as we agree that their chocolates are the best, we need to see that terrorism is not their export, or their best known export. Perhaps their flaw was to have the most cordial of borders in Europe, together with Sweden, yet as Sweden is up in the north and Belgium is caught between the Netherlands, Germany and France, there is no doubt that whatever they get came initially from one of the three other nations and guess what, Nina made no mention of that either. Perhaps because she was in doubt whether it was a good idea to piss the other three nations off? Again, merely speculation from my side, but in the end, we have seen in evidence from reputable sources that the economy has been a central reason in creating extremism, a part that has hit Belgium and several other nations. That too remains unmentioned.

 

 

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How weird are these two?

I got confronted with the weirdest article in the Independent today, the article was 4 days old, but then, I do not frequent that paper so often, hence, I initially missed it. The article (at http://www.independent.co.uk/life-style/gadgets-and-tech/gaming/playstation-plus-price-date-details-sony-online-play-latest-expensive-cost-rise-hike-a7864351.html) gives us: “It’s about to get a lot more expensive to play PlayStation online“, which is an exaggeration to say the least. Now, for the longest time, the PlayStation plus has remained the same (as far as I remember), yet now we see a rate rise. The amount it rises with is £10 per year of £1 per month. It equates to 16% monthly, or 25% annually, yet the percentage increase is wrong, because it is £6.99 per month (new price), which comes to £83.88 per year, yet the full annual is a mere £49.99, which is only 59% of the monthly price on 12 months, so overall it remains a really good deal. So, as he whines on that event and how you can cancel the subscription. He also forgot to mention the fact that those with PlayStation Plus get 7 free games a month to play with, 3 PS4 games, 2 PS3 games and 2 Vita games, and the one subscription covers ALL three devices. Is it not interesting how that part got overlooked? The additional fact worth mentioning is that the list from June 2010 onwards has offered in total 493 games, 25 games had 90%+ ratings, which included games like Mass Effect (2+3), Bioshock Infinite, Batman Arkham City, Journey, Far Cry 3, God of War and a few others, So as we see the list offered, the £1 a month, or £10 a year does not add up to too much, when it amounts to 84 free games a year, which gets us an ‘enormous’ £0.11 increase per game (which makes it £0.59 per game in total) and in addition the access to multiplayer gaming, which we set at £0 for this exercise. So when Andrew Griffin writes that it is all about to get ‘a lot more expensive‘, I wonder if he has any clue on the gaming industry at all. Now, we know that there is hardship all over and that people can afford less and less, yet the option to get games at £0.59 per game remains a really good deal. In addition, you get them for the three devices without needing separate subscriptions. So I feel that Sony has always offered a really good deal for the gamers. Now, we might not always get the greatest games, yet 100+ titles had a higher than 80% rating and 25 games in addition had 90% or higher rating, so the people are getting really good games and they get a lot more than Microsoft offers and much better titles. The one part that the article does offer the reader is that if you try to renew the subscription now, you can get it for the ‘old’ price which is a pretty sweet deal, so you can delay the price increase for a year. In light of all this, not only is the description ‘a lot more expensive‘ a joke to say the least, the fact that the increase will not start until August 31st is also a clean option to quickly get the renewal now whilst the games are a mere £0.47 per game.

So when I see the title part ‘As Sony makes it more expensive to play online‘ I do wonder where he got his insights. Factual he might be right, yet in the day and age where the price of a PlayStation Plus videogame is set at less than a 1 pint bottle of Tesco Organic British Whole Milk, the entire setting of ‘a lot more expensive‘ should keep you on the floor laughing for some time to come.

From my point of view my response to the Independent is ‘Bad form, Independent, bad form!’

Second place issue

The second issue shown is one that was given to us in both the World Finance site as well as the Wall Street Journal. The issue given is “America’s young men are increasingly giving up on work in order to slay virtual aliens and fight videogame wars, new research suggests”, which is more than merely a laughable joke. The original source US National Bureau of Economic Research, the part that calls out might be “Academics from Princeton University, the University of Chicago and the University of Rochester say there’s ample evidence that since 2000, men who would otherwise be working are instead being drawn into immersive virtual worlds….”, yet what is this based on? You see, the data past 2008, a date many will remember, saw the Youth unemployment rate rise from 10% to 19%, after the beginning of 2011 those numbers have been declining steadily down to 9%, so the unemployment rate for the youth is now close on par with 1968, when it was the lowest in US History and only slightly better than 2003 which was the lowest at that point for close to 30 years. So when we consider those facts, it seems that the makers are giving us what some would regard a hatchet job. My title for that might be slightly too crass; yet when we see “Since 2004, time-use data show that younger men distinctly shifted their leisure to video gaming and other recreational computer activities. We propose a framework to answer whether improved leisure technology played a role in reducing younger men’s labor supply”, so how idiotic is such a notion when we consider the 2004 and 2008 meltdowns that thrashed the economy in several ways, in that same timeline, US unemployment (all) was set to 10% in 2008, with a steady decline that follows roughly the same downward trend to a little over 4% at present, now we might agree, that whilst unemployed those youthful individuals would divert towards videogames it is a path that is still better than heading towards the streets trying to be gainfully and criminally active.

In this the quote used by world finance “While eight percent of younger men were not in work in 2000, this number rose to 15 percent in 2016”, is more than inaccurate, according to worldfinance.com it is an outright lie. Governing.com gives us some extra information that is actually useful. Their quote (at http://www.governing.com/gov-data/economy-finance/youth-employment-unemployment-rate-data-by-state.html) is “The employment-to-population ratio for younger workers had only recovered about halfway for its recession-era decline as of early 2017. Youth employment rates have returned to pre-recession averages in just four states”, which seems to fit the other sources. This is what could be regarded as something that pisses me off. With ‘Leisure Luxuries and the Labor Supply of Young Men’ by Mark Aguiar, Mark Bils, Kerwin Kofi Charles and Erik Hurst, I have a hard time just giving it too much consideration. The paper has additional flaws, the consideration that we see on page 4 with “We further exclude full-time students who are less than age 25” which is a chunk of undergrads and post grads that work at least part time to be able to afford food and other small issues like books. So the numbers are already skewed, in addition some sources give us that 80% of the full time students work part time, which marketwatch.com gives us, which was part of a Citigroup study. The UK has numbers on 1 out of 7 students work and study full time, this might not be reflective of US students, yet it should be to some extent reflective of students in some of the US metropolitan areas like New York, Los Angeles and San Francisco where the cost of living remains a rising burden. It is in section 6 on page 31 when my laughter explodes. The issue given “we can use time allocation data to infer the rate of technological progress for gaming and computer leisure since the early 2000s”, this a given? With two recessions and the non-working youth being a historic high in 2010, surpassing the recession of the early 80’s is more than just an issue, with numbers showing a steady decrease since then, the job market starting to open, whilst outliers have a stronger impact. In 2017 retail shed 60,000 jobs in the US, whilst Wal-Mart and Amazon seem to be in a strategic battle of realigning jobs towards online presence, all elements that impact the job market. So as jobs get realigned through strategy, where do the jobs end up? What will those people do when they are not working? The information Forbes gives us on this is even scarier when it reflects the need for consumer appeal via transferred initiatives. In all this, the paper does give some interesting premises, yet relies on certain parts, which are I light of the two recessions a little too much of a stretch, yet the fact on how the formulas were used is actually quite interesting. Another flaw is seen on page 32, now this is the flaw as I personally see it regarding the data as showed, yet without the actual questionnaire on view, there is a flaw in both the results and the way that I see it might be, so we need to be aware of that.

With “We stratify by three groups: younger men who spent zero time on computer leisure the prior day, those who spent 2 hours or less, and those who spent more than 2 hours”, the flaw is the ‘when’, I would spend well over 2 hours playing after a full day work, so when we consider the working population with or without full time study, we see that the graph is flawed. Even the other way round, part time students with a full time job, they could fall into the 2 hour plus gaming bracket. It is that flaw that calls even more doubt into question regarding this paper. A final ‘consideration’ needs to be given when I take a look at the ‘Leisure Engel Curve’. Here I also must admit that I will give doubt to my own thought as I might not have comprehended that part completely (apart from the formula), you see, they do state “With the leisure Engel curves, we can link shifts in time spent across activities to an implied change in the marginal utility of total leisure”, yet does this part correct for any hype (read: diversion through peer and social group pressure)? I doubt that very much, as evidence I call for the Pokémon Go wave that started in July 2016, which is clearly computer leisure (read: mobile gaming leisure), yet the paper has not taken mobile gaming in any of it and sets gaming as a static given, yet this wave suddenly pushed 60 million people to a hyped community in the same group as other gamers, whilst mobile gamers can be set into any part of an idle time setting (like travel time), this disjoints the entire exercise as I see it and gives a larger (read accelerated) gaming community in a shifted setting according to the settings as given, yet not corrected for any version of the definition of what constitutes a gamer.

Even as we can admire the formulated exercise, we need to concern that the raw data is not reliable as such and that there are additional issues that the data model and the questionnaires and requested data cannot correct for. In addition when we see the models, there seems to be no consideration for idle time and/or transit time and the consideration of handheld devices or smartphones which calls for even more questions on the gaming environment.

No matter how clever some will think the paper looks like, from the stage as I see it, there are too many unknowns or unanswered question marks and in reflection the conclusion and some of the media statements are not in line of the reality of the recessions the people lived through.

That is merely my setting where $0.02=C(1+r)^t

 

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French Grape juice and a shipyard

There are issues stirring in the land of grapes and cheese. In France things are becoming slightly restless. Now, I have had my doubts about Emmanuel Macron for several reasons, but not on this. The Express (at http://www.express.co.uk/news/world/834196/France-Emmanuel-Macron-en-march-crisis-polls-fall-French-president) gives us “Several members of French ruling party En Marche! have accused President Emmanuel Macron and party directors of going against the root values of the movement by trying to change the internal guidelines regulating the candidates’ selection process“, which gives my initial response ‘And?‘, you see, being in a new party, being in front and shouting the loudest does not automatically grant the rights to wield a multibillion wallet for defence or healthcare. In the end, the selected party needs to place the right people in the right places, those with knowledge and the ability to push a nation forward. This would have been the one nightmare for Nigel Farage if he had won the elections the last time around. No matter how we feel about UKIP, it is not really seeded with senior cabinet quality fuel. The same can be stated for En Marche! That view is well phrased in “French politics expert Ariane Bogane from Northumbria University told France 24 that the party had justified its decision to change key elements of the movement, such as internal election, by saying that it was in order to avoid “personal ambition,” “rivalry” and “in-fighting”“. So what is going on, is it merely the infighting, or the disillusion of those who did work hard and expected to become part of the French government? Those bragging on the post they are considered for and having to go home realising that the carefully phrased ‘we are considering‘, becomes, ‘we were forced to find the person with the ability much more suiting the expertise required‘? Politics is all about finding the pushing forward party, within the party it will almost never be about to compromise.

Yet the title gives another image. With ‘‘Oligarchy is coming!’ Macron faces nightmare political CLASHES as he PLUMMETS in polls‘ we are confronted with two part. As the express hid in the dictionary trying to tell us that a small group of people is in control in France is not new. Those who keep their eyes open are aware of that, for example, Natixis is surpassing a trillion euro value before the end of 2018, and its 15 members of the board have a large say for well over 20% of France, which is one hell of an impact. I am not referring that they have something to say, like for example Mark Carney as Governor of the British bank, no these 15 can lay down the law in unspoken ways. Actually, one of them had a (large) setback as the Wall Street Journal reported in 2014 with “Henri Proglio’s contract as chief executive of Electricité de France SA, sidelining a powerful businessman who has been close to the country’s center-right political camp“, yet there are several indications that this was merely a resignation on political grounds as some equally powerful players got to feel the heat of more than the mere risk of the Hinkley Point C nuclear project (yet, we will remain silent on those accusers, won’t we Credit Agricole SA?); in all this, the players have a point as the costs at one point was expected to surpass over 10% and on £18 billion it starts to add up fast. This is merely part one, in part two we need to look at the plummeting and so on. Yet overall, why becomes the question. I think it is more than that the current president is a mere former banker. In this the Independent (at http://www.independent.co.uk/news/world/europe/emmanuel-macron-popularity-rating-plummets-french-president-worst-in-20-years-july-ifop-budget-cuts-a7856986.html) gives us “Results come after the 39-year-old former banker unveiled key budget cuts in public spending and military finances – a move which has been heavily criticised“, which might be a valid reason for some to nag, yet what they forgot is that the previous administrations left France with a minus €2.1 trillion on the French governmental credit card and their economy is nowhere near the English one. In addition, France has a mere 64 million people, do that equation as debt per person bites in equality. The money is gone! The UK has been in this mode for well over half a decade and the French better wizen up fast, because the people now complaining had not as much as a hard time because harsh changes were required as early as 2010, nothing in that regard was seriously done. Another quote is “Mr Macron ended up overruling his own prime minister by vowing to go ahead with tax cuts in 2018, and plans to cut housing benefits were received unfavourably“, which everyone sneers at (the decision that is), yet perhaps you remember the French actor Gérard Depardieu who moved to Russia of all places because of outlandish taxation. When we consider some of the French numbers, we see the quote “less than 50% of inhabitants in France pay any income tax at all; only around 14% pay at the rate of 30%, and less than 1% pay at the rate of 45%” (source French Property). Under those conditions, we might expect that plenty have to complain about housing benefits, it might well be those not paying income tax at all. So when we see housing benefits, whilst the French are down well over 2 trillion, we have to consider how valid the polls are, perhaps better stated how fair they are one Emmanuel Macron. We all knew that the promises made by Emmanuel Macron would be hard to keep, yet not impossible. As a banker he knows that if the tax hike works and the hike become thousands of jobs, he has a start, the one thing about the French is that they are proud, yet those who are part of this Oligarchy tend to invest nationally as that is where their power and influence are.

For this we make a small sidestep to the dictionary. You see there are difference (which is also odd)

In the Cambridge dictionary we see “A type of government by powerful people in a small group is called oligarchy“, Merriam-Webster gives us “A small group exercises control especially for corrupt and selfish purposes in a type of government” and Oxford states “Oligarchy is a type of government controlled by a small group of people” so as we see the En Marche group cry in a Merriam-Webster style, whilst the reality is that the reality is merely the Oxford/Cambridge application of the issue. None of them invoke a social governing and even as the En Marche people are now moving towards Fascism accusations (none have been formally made at present), we need to realise that none of it matter if the French economy does not make a decent step forward. The social structures have drained the French nation too much. France has seen strike after strike; the French labour unions are a debilitating power, a fact even acknowledged by many French citizens. Now, I have never been against labour unions, yet they have to realise that their time as they perceive themselves to be is over, if the French have to default even once, their existence stops, the money flow stops and that will change the game forever in France. There are other parts and there is an issue whether a blame game applies. We have heard for some time on labour reforms, and even as we see the validity due to massive French debts, in this Bloomberg offers (at https://www.bloomberg.com/news/articles/2017-07-24/macron-s-uphill-battle-against-france-s-labor-law-quicktake-q-a) questions and answers that I now can avoid. We know that there are issues, yet it comes from a civil law system, with the French labour code set in over 3000 pages, as such reform now becomes essential. We see reports like “French unions say making it easier to fire people won’t create jobs, and that unemployment results from the tight budget policies forced by EU-imposed austerity“, this is not an invalid response (read: consideration), yet in equal measure we see that there is little space for short term jobs and as such, backpackers all over Europe get to take some of the economic cream from the top of the revenue, something that might be valid work for the French, yet some of them are not going near any short term jobs in hear of long term consequences. The Bloomberg quote “His three immediate predecessors all viewed France’s labour laws as too restrictive. In 2003 and 2005, Jacques Chirac managed to loosen the 35-hour cap on the working week, making it easier and cheaper for companies to add extra hours. In 2008, Nicolas Sarkozy cut taxes on overtime work and made it simpler for individual workers to negotiate their own departures. And Francois Hollande’s reforms of 2013 and 2016 made it easier to justify layoffs due to a downturn in business” is the clearest one, you see three administrations have seen the folly of the labour restrictions. Whether the unions are in fear of the power they wield, and the fear of how they become obsolete, that is how I see it, four administrations realise that companies with 49 have growth limits, pushing themselves into foreign ground through partnerships when it becomes an option, slicing the French economy at least twice in a negative way.

The second issue is less on the things he does and more about how it is done. The New Statesman is referring to ‘the Macron Con‘, the Evening standard is all about ‘shedding the banker image‘ and some have even less nice things to say, yet some is of his own volition, with ‘My thoughts are ‘too complex’ for journalists, says Emmanuel Macron‘ the Telegraph paraphrases “An Elysée official told Le Monde newspaper that the 39-year-old centrist leader’s “complex thought process lends itself badly to the game of question-and-answer with journalists” that is held every year on the July 14 national holiday“, it is not a good way to make friends in that area of people who still at times laughingly refer to themselves as ‘journalists‘. It now becomes the question how they will see and report on the STX France nationalisation. In this there is validity to at least some degree. There is no guarantee that the Italians will keep it as is, there is no guarantee that there will not be a ‘transfer’ of grounds towards very different applicable destinations. When we consider USA Today as a source with: “STX France is the only shipyard in France big enough to build big warships. It’s also a significant employer in France“, if so, can anyone explain to me how handing it to the Italians was a clever move to begin with? If the EU will builds its force on EU ground, than France would fare a lot better keeping the one place where they could be build French property, that is merely good business. In addition, as it is still doing jobs, which are unlikely to be completed before the end of 2018, how is changing hands of the shipyard a good idea?

There is no doubt that the STX war is not over and I am not even going to speculate how this will turn out at present, you see being pre-emptive is one thing, the danger is that some shareholders will offer what they have in different ways to get the most out of their shares and greed can make a shareholder creative in getting the coin they expected. Yet, Trikkles (at http://trikkles.com/2017/07/28/french-government-to-nationalize-stx-france-economy.html), gives us “President Macron jettisoned his pro-business agenda and threatened to nationalise France’s leading shipyard to prevent its takeover by Fincantieri“, is that true? Keeping STX French might be very pro-business indeed. If it becomes Fincantieri property, there would be consequences. The Higher echelons could end up being replaced by Italians, so that is a chunk of funds not remaining in France, in addition, with procurement scandals first in Taipei in 2000 and now in India 2016, there are other considerations to make, so there are issues beyond the ship that is to be build. The interesting part is that in the entire emission control solution, I would have thought that they would focus on bringing jobs to the US, not ending up with a French place and getting loads of Americans and Italians to Normandy, let’s face it, it is no longer 1944.

In all this Emmanuel Macron seems to be getting a rough time. As the newspapers focussed on the largest drop, it seems that they are all in denial that both the UK and France are merely two players who have an astronomical deficit to deal with. In all this the Financial Times gives us another view (at https://www.ft.com/content/c826f982-7383-11e7-93ff-99f383b09ff9), as they state “Macron’s pro-EU stand is tested by Italy on the waterfront“, some will call it ‘betrayal’, yet who voice that and for what reasons? Here we also see the quote from Pier Carlo Padoan as he accused Mr Macron of abandoning his professed “pro-Europeanism and liberal values” by his decision to take STX France. So is it non-liberal or an essential step not to endanger the Normandy economy in the longer run? As we realise that STX is one of the few places in Europe where building an aircraft carrier is possible, as well as the fact that the largest cruise ship in history is getting build here, why leave it to the Italians? In this, the quote “Fincantieri had pledged to keep jobs and orders in France for five years” reads like a hollow joke, it merely not mentions that after 2022 syphoning the French economy towards Italy would be a given and with the French economy being a mere 1%, that syphoning could potentially kill the French options. So when I see the additional hollow quote “and Italian ministers rightly point out that Mr Macron’s demand to renegotiate suggests a lack of trust“, would that be a lack of trust, or a lack of Italian consideration when the clock strikes August 1st 2022?

In this there is one part that the complaining French seem to fail to grasp, if STX is only the first of a few reallocations to foreign owners, how deep in unemployment could France get? I have in the past never professed to be any kind of consideration to bankers like Emmanuel Macron, yet in equality I have been for the most always been on the side of giving all a fair chance, it seems that the French are not giving that to Emmanuel Macron, which as French citizens is their right (freedom of speech and so on). I merely hope that these people are looking further forward than the issues due next week, because in the long run France will need to adjust to a larger degree, the question becomes how and that is the issue that the previous 3 administrations have fought over for the longest time of their administration.

 

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Showing your bad hand

There was an article that nagged me, on the surface it felt like a waste of space, one of those….the government did something that does not affect most people. Now that is not an attack on the press, because that is what they do, they report things. Now, there is nothing about this report that is wrong, there is however a clear indication that a few people did not think this through, even more so, the actions give rise to a tactical blunder that should keep the members of the Special Forces Club in Knightsbridge snigger for some time to come. You see, the article called ‘Man charged in NSW town of Young over alleged missile advice to Isis‘ (at https://www.theguardian.com/australia-news/2017/feb/28/man-arrested-nsw-town-young-alleged-missile-advice-isis) is more than just a tactical blunder. Solar technician Haisem Zahab at present in Junee Correctional Centre after being arrested in Young charged with terrorism offences. So how is this person a terrorist (he is in legal definition)? Haisem Zahab, 42 was according to the info on Facebook a Solar technician. When you see the quote “acted with intent to provide Isil with the capability, with the technical capability, and high-tech capability, to detect and develop missiles“, howls of deriving laughter wash over me. I was trained with NATO gear and I reckon I would be a better fit here (even though I know how uselessly limited my knowledge is). Now consider for a moment the next article (at http://www.iran-bn.com/2016/11/29/us-iranian-citizen-convicted-for-trying-to-buy-missiles-for-iran/), which was last year, when an Iran-United States dual citizen named Reza Olangian was trying to acquire these items, not develop them. So instead of someone alerting someone at ASIS to see if a sting can be devised that allowed for Haisem Zahab to start his ‘mission’, ASIS professionals could monitor him and start setting up the operation to drain the IS bank accounts by introducing IS and Haisem Zahab to a technology salesperson with actual blueprints (perhaps ever so slightly altered) and sell this to Islamic State, the quote “the man arrested has sought to advise Isil on how to develop high-tech weapons capability” is still making me snigger, because the credible part is that he was an ‘electrician’. Oh, the tears of laughter are rolling down my cheeks! I am not sure if AFP commissioner, Andrew Colvin got Nick Warner involved, but when you consider the following quotes it might sound serious: “He said the man was allegedly involved in “researching and designing laser warning devices to help warn against incoming guiding munitions used by coalition forces in Syria and Iraq” and helping Isis develop its own long-range guided missile capabilities“, we will need to take it apart into the components.

  1. Laser warning devices to help warn against incoming guiding munition. So how advanced is that? To give you a viewpoint. Israel has the Arrow 2 which took almost 13 years to complete (it had been completed earlier, but the tests were done over a longer period of time). The Arrow 2 is what people call an ABM (Anti-ballistic missile systems), now this was designed by group of around a dozen experts in rocket science, electronics and aerodynamics. It was a multi-billion dollar event. Even if this electrician got to a missile completed to a certain degree, which is actually not that far-fetched, because missiles have become more precise, but like mortars, the foundation goes back a long way and that part is not that complex, yet here a Dragster mechanic will get a lot further than an electrician. Now, to introduce a hidden electronic switch that turns the detector into an attractor is not that large a call, so we give IS 2-3 ‘wins’ and when we see that they implement the detection solution, ASIS throws the switch and the detector will instantly attract missiles, so with one volley their detection system is gone and likely a lot more hardware on the side as well.
  2. as for “helping Isis develop its own long-range guided missile capabilities“, I will now take 5 minutes to roll on the floor, my stomach is giving me waves of cramps from laughter. To help you understand that part, the missile technology is not that hard. You can make a missile in your garage, but consider that HAMAS has been firing (with Iranian help) thousands of actual missiles, which included the FAJR-5, based on the Chinese exported model WS-1 MLRS. A rocket that took close to 13 years to get right and that one has had not one tactical success on Israel, how long do you think it will take to get anything up to scrap? Especially when you consider the Arrow 2 part? It would be a lot easier to develop a high tech mortar. The foundations of the mortar have never changed, to some extent, the 1450 version of the mortar is still the foundation that was used in Vietnam, what changed is that electronics allow mortars to be a lot more accurate and efficient. Now we have computers that help the aim, but it is to some extent still an art to get it right in one shot. To get the missiles correctly aimed takes a lot more and in that regard, the tactical option to have IS waste loads of cash might have been a much better approach, so when I see the photo with Malcolm Turnbull, pictured with AFP commissioners Andrew Colvin and Ian McCartney, I see a mere political quick fix! Now, we need to acknowledge that this is in all legal settings, so in that regard he had been correctly arrested. This we see in the Criminal Code Act 1995, where in 101.2 we see:

101.2 Providing or receiving training connected with terrorist acts
(1) A person commits an offence if:
(a) the person provides or receives training; and
(b) the training is connected with preparation for, the engagement of a person in, or assistance in a terrorist act; and
(c) the person mentioned in paragraph (a) knows of the connection described in paragraph (b).

This gives him a maximum 25 year governmental hotel voucher and as I personally see it, the line between consultant and trainer is thin enough to make it stick.

So we know he is going down, yet the quote “charged with two foreign incursion offences which carry a maximum penalty of life imprisonment” is different. You see that gives us “prepare to enter, or for another person to enter, a foreign country with an intention to engage in a hostile activity. Recruit persons to join an organisation engaged in hostile activities, or to serve in or with an armed force in a foreign country“, which should be fun, because the expert knowledge he offered (basically consultancy), here the Mens Rea might be satisfied, but the Actus Rea is not. Missiles are set to not need ‘another person to enter, a foreign country‘, which might happen, but is not a given, so the intent to never enter a foreign country could be achieved by the defence of Haisem Zahab, the ‘with an intention to engage in a hostile activity‘ would be proven, yet the text is ‘for another person to enter, a foreign country with an intention to engage in a hostile activity‘, the moment that the foreign border was not surpassed, the issue becomes vague and a legal victory becomes a little blurred, basically Islamic State is already a transgressor in any nation they are in, but if those governments will not speak out against that, the issue might not legally be won.

So we get a lot of press, all cameras with cowboy stories and in the meantime Director General Nick Warner was denied the option to deal Islamic State a severe body blow. Yup, there will be laughter in Knightsbridge tonight. And should you consider that I am awfully wrong (always a valid consideration to have) than take a look at the case of Omar Succarieh, which was set to 4.5 years, the appeal to get him in there longer is being heard (at http://www.abc.net.au/news/2017-01-31/omar-succarieh-sentence-inadequate-court-hears/8227068), with the quote “Justice Philip Morrison said the case appeared to be in the middle range for the offence which carries a maximum penalty of 10 years’ imprisonment“, which now gives the option of another change. You see, in the case of Omar Succarieh it was mere funds made available. If any defence of Haisem Zahab comes with words like ‘delusional‘ (an electrician making missile systems), or gets any missile expert from Raytheon or Northrop Grumman to show how complex missile systems actually are, the quote “the research he was alleged to have been doing was “credible”” could be thrown out of the window. By the way, this 18 month investigation, what INTEL did ASIS (if any) supply? I still think this was an option to do something long term against Islamic State.

Now, here we get to the title of today ‘showing your bad hand‘. You see, from where I sit, the entire situation gives rise to another matter. If we see actions as given, we are seeing a setting where political players have to admit that there is no short solution. The papers on a global scale, actual newspapers like the Wall Street Journal, The Australian and others have published papers on this and they gave us this in 2015: “But no strategy intended to defeat Islamism can succeed if Islamism itself and its violent expression in jihadism are not first named, isolated and understood“, which is at present not achieved, so this entire IS, is a long term game and there is no end in sight at present. This is extremely important, because as I personally see it, these little arrests with loads of camera’s will not bring resolution, the ability to set up shop and make IS spend their funds in all the wrong places is the first step to prevent IS to set up a successful long term strategy to develop larger weapon systems. And if you think that it stops here in Young, New South Wales, you would be wrong, because at some point, an Islamic State person will meet with dodgy types in Eastern Europe and broker a deal there. There are too many players willing to not care what happens in the Middle East and there is plenty of Russian goods all over Eastern Europe. This now implies that as some people go shopping elsewhere, and in that place they might not get a basket full of junk, they might actually end up with something useful, an idea we need to actively dread.

Because the bad hand shown and the fact that others will also realise that some players have a bad hand, only opens the doors to some places outside of our sphere of influence. I see this as a tactic badly played, but that might be just me. I will leave it up to you to decide how wrong I am and when you get a moment, ask your electrician how good his missile designs are, it could make for an interesting day and that is always a win for any person.

 

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Missed it by THAT much?

It started last night. Actually, it started a little earlier, yet I get information from so many sides, that I have to make a choice what I focus on (my final assignment for my master degree being the big number one). So when I initially heard about a missile issue I had no real interest. You see, the things PwC is up to with added narration of missed issues on Tesco, BHS and two others is a lot more interesting to me. Any missile issue tends to be a simple engineering problem. At times it is about other matters, but that is once properly tested a mere 9% of the time, with 91% being engineering or interfacing, which is basically another realm of interfacing. Oh, for the underlying entertainment. I am writing this whilst listening to The Tales of Hoffmann, which is applicable to all this on more than one level.

So back to the Lockheed Trident we go. Let’s start with the BBC (at http://www.bbc.com/news/uk-politics-38719346) with “Theresa May finds herself under pressure for refusing to answer whether she did, or did she not know that something had gone wrong with our nuclear weapons, when she asked MPs to vote to renew the costly Trident system?

So when I see “So the simple “who knew” question will keep being asked. And for as long as the opposition parties keep pushing for clearer responses, ministers will keep looking like they are awkwardly, even shiftily trying to evade a straight question“, I feel that asking the question is a loaded canon to say the least. In this day and age, regarding any issue on nuclear facilitation, do you really want the other players to openly know that UK defence does not work, so Russia and/or China only needs to work about each other and the USA? With pressures at present it is not the best idea to say the least.

My issue is with “A missile test involving Britain’s Trident nuclear deterrent system ended in failure off the coast of Florida last year, a US defense official with direct knowledge of the incident told CNN on Monday“, so not only are US defense officials sanctimonious on the best of days. It seems that they have no problems revealing certain classified events when it concerns their allies.

OK, I can accept that, so how about I reserve a little space at the end and let the public at large know on the storage issues that PRISM is still bringing, not the observation part, but the fact that the storage as it had been one and how the list of people with access was a lot larger than anyone realises. With the New York Times bringing the people on June 6th 2013 ‘U.S. Confirms That It Gathers Online Data Overseas‘ (at http://www.nytimes.com/2013/06/07/us/nsa-verizon-calls.html), but that the quote by Josh Earnest “has been a critical tool in protecting the nation from terror threats as it allows counterterrorism personnel to discover whether known or suspected terrorists have been in contact with other persons who may be engaged in terrorist activities, particularly people located inside the United States.” is missing one important element, which is “it equally allows the better hackers to alert certain people of red flags they can scan for“, which is not something they wanted us to know. I’ll get back to that later.

Let’s focus on those Lockheed cigars named Trident. You see, there is a question why the US spokesperson opened his mouth in the first place. When we consider (at http://www.businessinsider.com/upgraded-trident-ii-missile-being-tested-from-us-nuclear-submarines-2016-9), the quote “This was the 161st successful Trident II launch since design completion in 1989“, now I have no idea how many test launches we have seen, but 161 good strikes sounds like a good deal, so why suddenly this ‘revelation‘? I am all for fair display of facts, including failures, but the air that this one flaw gives give in addition other considerations, so if this US spokesperson thinks that the UK is grateful for him opening his mouth, I think it is time we make sure his bosses make sure he never considers that ever again. This all gets us to the reasoning of that US spokesperson.

Brown University is/was housing a Nina Tannanwald, who had an interesting essay. Titled ‘Renewing a Regime of Nuclear Restraint‘, we get “the non-nuclear weapons states of the world are growing increasingly impatient with the failure of the nuclear weapons states to move toward what are seen as their moral and legal obligations to eliminate their nuclear stockpiles. The humanitarian consequences movement, a globally popular movement barely discussed in the United States, is one reflection of this frustration with the slow pace of nuclear disarmament. A similar tension plays out in the United States, as the Obama administration committed to move towards a world without nuclear weapons while concurrently authorizing a multi-decade, trillion-dollar modernization of American strategic nuclear forces“, there is a truth in this, there is also the realisation that even as most want to move into a non-nuclear era, with Iran and North Korea in the mix, that is a reality that will not come any day soon, if ever. Time has taught us that putting the genie back in the bottle is not an option. If that is not an indication, try to interview Pandora on what happened to hope. Good luck with the answer to that one in this day and age!

Yet when we consider Tannanwald, there is more and more the need to consider Robert McNamara’s presentation to NATO in Athens laying out flexible response doctrine. I think that Robert McNamara is one of those essential Americans that show the American spirit. Serving under both John F. Kennedy and Lyndon Johnson, he has been confronted with the need to alter perspective and a dimensional scope that has been almost unheard of ever since. He is almost the founding father of policy analysis. In addition he is the person who consolidated functions that is amongst others now known as the Defense Intelligence Agency.

So you might think of him as a spooks Yoda, with a flair for pragmatism. Which gets us to the opposition in all this, namely Dr Julian Lewis, who in the Guardian stated yesterday (at https://www.theguardian.com/uk-news/2017/jan/24/commons-watchdog-criticises-unnecessary-surreptitiousness-trident-missile-malfunction) “chairman of parliament’s defence watchdog has criticised the government’s “unnecessary surreptitiousness” over the Trident missile malfunction, as Michael Fallon declined an invitation to appear before his committee“, in this we congratulate Dr. Lewis for his ability to employ a 17 letter word, yet the issue in all this is twofold. the first is that as far as we can tell this is a 1 in 161 cases, making it an outlier that could have been addressed outside of the view of the public, second that the Government had already clarified a need much earlier (which I will point out a little further, with a link off course) that there was a certain need, that need is now directly undermined. Perhaps there is a political need to get something else started and scuttling one solution will open up a set of new problems onto which certain people with interests can throw a lot of money at, they would only need to get rid of 4 submarines. We know that a new HMS Dreadnought is coming, but what is possibly less known is that a refit of the Vanguard Class should start in 2019, which will impact the defense budget because an overhaul of this kind really requires a serious amount of coins. Now, the latter part is speculation, but is it far-fetched? It is 2017, these matters take time, there is no doubt about that, so there is a gap where certain actions have a lot of impact and the misfire is just a lucky break for some people. In all this I could be, and I am probably wrong in all this. Yet when you look at the facts as they are clear, as we know that our cold war opponent has satellites, so they know about the event, calling this into the open only serves another platform. I have no idea which one, but the visibility of these events call a lot into question, especially the actions of a blabbing yank. Now, for some this might actually be one of those democratic losers with no prospect considered ingratiating himself to optional future employers in the media as this person could be democratically replaced by the new party in charge if his function was high enough and the CNN quote “US defense official with direct knowledge of the incident told CNN on Monday” implies that he is higher up the ranks to some degree.

So how does this reflect back to Trident? Well, if we accept that regional tensions are made worse regarding nuclear policies by unstable regimes where the mental balance of the one in charge leaves a lot to be desired (examples: Kim Jong-un and Mahmoud Ahmadinejad, when he was in office) , we should consider that the solution does not work, tension is not eased, it only invigorates that person to consider pressing the famous red button. This comes mainly from the premise of the thought ‘theirs might not work initially‘, which would only instigate a false sense of ego of that person pressing the button. I am going one step further stating that such a person could call in some simpleton cook, asking him ‘Can you press this button? My hand hurts!‘, so that unsavoury character now has the genuine option of remaining in denial.

Even as we consider that 2 out of 161 might not work, the stats are extremely unkind on the chances for the receiving party. Still the issue remains, what was that US spokesperson thinking off when he/she considered speaking on the matter at all was a good idea? Don’t get me wrong, I am not stating that we should be lied to, but there were clear security considerations in play and I wonder if that person was even high enough on the pay scale to make have this consideration, speaking out regarding an allied nation (read: the UK).

My view?

Well, personally, when I look into the error, I am considering that it was not a simple flaw, you see, when the missile is off by a degree, or even less. When it is that small it becomes an issue because that takes time. When the direction is off by a maximum dart score round (180), it tends to be a simple construction flaw, an interface that was not properly checked, basically, the kind of flaw that requires Lockheed (on average) to send the next missile at $0 (and they also have to pay for postage, packaging, gift wrapping and shipping too). Which would be another reason for some people not to speak, unless officially ordered to do so, as it would start an entirely different debate on the Trident Project. So in this light, as we see that 1 out of 161 went wrong, the dust cloud is very much disproportionate to the events as we see them. Even when we see the connected views on Jeremy Corbyn, who has been for the longest times in the light of ‘Jeremy Corbyn says he will put nuclear disarmament at the heart of his leadership re-election campaign‘. which  is what we saw in July 2016, in September 2016 we see: “to put to one side any attempt to reverse Labour’s support for renewing Trident in a bid to reduce tensions with unions and rebel MPs“, yet that ship has sailed, so he can ‘revive’ his lifelong view of being the soul that is anti-Trident. We might see that as a decent view, yet in all that we see evolve is it the correct one? I think that there is no clear answer and this is not on Jeremy, but it all now shows to be a valid political attack, which he cannot be faulted for. Yet how to proceed?

What makes a cigar a cigar?

So this Lockheed device has several elements. I will not some conceded jerk telling you what went wrong. We can speculate that the electronics were wrong, yet what if that is actually not the case? Consider the following sources. the first (at http://www.publications.parliament.uk/pa/cm200506/cmselect/cmdfence/986/98605.htm) gives us at [40]: “‘De-targeting’ and ‘State of Readiness’: The SDR stated that the Trident missiles aboard the Vanguard-class submarines would not be targeted and would normally be at several days ‘notice to fire’. However, the SDR also noted that “we will… ensure that we can restore a higher state of alert should this become necessary at any time”. In the course of our inquiry, we were told that targeting the missiles does not take very long“, in that is it not interesting that an actual metric was not given?

In addition we get “Dr Rebecca Johnson, of the Acronym Institute for Disarmament Diplomacy, argued that both de-targeting and the reduced state of readiness were essentially meaningless since they could be could be easily overridden“, which was in the same paragraph and it gave me the part that is soon to come. You see (at https://www.gov.uk/government/publications/uk-nuclear-deterrence-factsheet/uk-nuclear-deterrence-what-you-need-to-know) we see ‘A minimum and credible deterrent‘, with the quote “we require a fleet of 4 submarines to maintain 1 continuously on patrol and retaining this posture is essential to assure the invulnerability of the deterrent“.

So, this is me speculating, the triviality that we saw regarding the ‘we were told that targeting the missiles does not take very long‘. So what if the targeting could be messed with? In this day and age, is that such a leap? If that is true and if the targeting can be messed with, the issue now becomes that Her Majesty’s Navy now has 4 cigar boxes that could potentially be regarded as useless, making them extremely expensive non-deterrents. Let’s not forget, this is pure speculation, so it becomes only the smallest of options if the missile was not malfunctioning in a normal way.

So how does this reflect on me making some other case earlier and why mention it?

Well, let’s take you through the motions, it will take a few paragraphs. First there is “NSA whistle-blower Edward Snowden has denied he committed treason with his revelations that the US had been hacking Hong Kong and China since 2009. He said his revelations did not disclose military targets – a treasonable act – only civilian infrastructure“, try and focus on the red parts in all this. The next part is “Without asking for public permission, the NSA is running network operations that affect millions of innocent people. In a previous interview with the South China Morning Post, Snowden said he was releasing the information to demonstrate “the hypocrisy of the US government when it claims that it does not target civilian infrastructure, unlike its adversaries“, which gets us part of the first part. The source is the IB Times (at http://www.ibtimes.co.uk/nsa-whistleblower-edward-snowden-479709) and they are only one of several sources.

From that same source we get “Internet companies – including Facebook, Google, Yahoo, Apple and Microsoft – were reported to have given the NSA “direct access” to their servers under a data collection programme called Prism” as well as “US government agency had access to the raw databases of these companies. “They can enter and get results for anything they want [such as] phone numbers, email, user id, cell phone handset id,”” and “Additionally, audits are cursory, incomplete, and easily fooled by fake justifications. At GCHQ, the number of audited queries is only 5% of those performed.” now we need to consider that “He was employed by several outside contractors including his current employer, defence contractor Booz Allen Hamilton“.

Now I make one step back to a statement I made some time ago. You see, there is a part that never rang true, especially as the amount of data he allegedly took with him, yet this data never saw the light of day. In addition, for one person to have this level of clearance and access is something I always questioned! On the 23rd June 2013 I wrote ‘Who are the real watchers?‘ (at https://lawlordtobe.com/2013/06/23/who-are-the-real-watchers/), in there I wrote “his account is broken down and thousands of dollars on internal communications, price agreements, customer’s details and many more details are now duplicated. It would be worth quite a few coins for the right competitor. As such the quiet student will have all his University debts paid off long before he gets his degree. So, what is this about?“, which I bring on January 18th 2014 in ‘Diary for a wimpy President‘ (at https://lawlordtobe.com/2014/01/18/diary-for-a-wimpy-president/) with “The government will no longer store the phone call information of millions of Americans. But he did not say who should maintain the information, instead giving the intelligence community 60 days to come up with options” as well as former Presidents Obama quote “What I did not do is stop these programs wholesale, not only because I felt that they made us more secure, but also because nothing in that initial review, and nothing that I have learned since, indicated that our intelligence community has sought to violate the law or is cavalier about the civil liberties of their fellow citizens“, the point in all this is not just the traitor Edward Snowden, who decided to become the judge, what also happened is that several sides of this went to private contractors, some of them very much greed driven. It is my belief that one event is linked. It was given on October 5th 2016, I wrote about it, but I will not give the link. The Telegraph (at http://www.telegraph.co.uk/news/2016/10/05/nsa-contractor-charged-over-alleged-theft-of-secret-us-governmen/) gives us the parts we need. “Harold Thomas Martin, 51, was secretly arrested by the FBI in August for allegedly stealing classified information. The US Department of Justice says it found Top Secret documents in Mr Martin’s home, vehicle, and two storage sheds on his property in Glenn Burnie, Maryland during a search on August 27th” as well as “Those documents were reportedly “source code” developed by the NSA to hack its adversaries. The codes would allow the NSA to covertly place malware in the computer systems of foreign governments and to monitor or even attack the networks“. Now, the part that comes next remains speculation!

I think that is exactly what has been happening. I think that whatever Harold Thomas Martin did get out before the NSA/FBI could lock down on it. I think that these contractors have been doing their job, but I also believe that someone has been getting access because part two gave access to part one and those people aren’t sworn in executives of agents of any government.  What if we consider when we combine the ‘claimed facts‘ as published, where other parties have been gathering information from selected mobiles, and where users have been interfered with. You see, we all got the messages as seen (at https://www.nytimes.com/2016/12/13/us/politics/russia-hack-election-dnc.html), where we see “At least one computer system belonging to the D.N.C. had been compromised by hackers federal investigators had named “the Dukes,” a cyberespionage team linked to the Russian government“, so even if we question whether this is a Yay or a Nae, the issue is that the DNC is not the gemstone. Yes, most foreign governments want to see in what direction policies are likely to go. Which is why people like Marine Le Pen are getting monitored and not just by the French. You remember the earlier quote “giving the intelligence community 60 days to come up with options“? What if that has been rolled out, don’t you think that both the Russians and the Chinese are a lot more interested in access to those systems (read: that data)? Now we see the dangers that Harold Thomas Martin brought to America, the fact that these intrusion tools are in the open and possibly in Russian hands. We now see that tools can be used against their collection points. They only need to open one port and slowly siphon data away. How much damage do you think that this brings. In addition, and this last part is pure speculation, as those Tridents rely on ‘targeting the missiles does not take very long‘ yet if the specifications come from the outside, can these tools interfere with that? Do not forget that “would normally be at several days ‘notice to fire’” implies that there is a track that the targeting goes through and only the final step is the most secure one. Can we even know how secure those previous steps are? Which tools have been pushed to less controlled civilian hands due to the entire Snowden debacle? What dangers has he placed us all in? We now see via the Wall Street Journal and The Australian that what is now published in 2017, I already covered to some degree in 2013, I was correct to the largest degree all along. We see the quote “According to a unanimous report declassified on December 22 by the house permanent select committee on intelligence, the investigation showed Snowden had “removed” 1.5 million documents“, with added “based on, among other evidence, electronic logs that recorded the selection, copying and moving of files“, another issue I raised due to my knowledge of SE-UNIX. The fact that he had done this over a period of 6 weeks implies that there is a level of what should be regarded criminal negligence concerning Intelligence matters which is truly unsettling. The fact is that this stuff went into the open void, the question was who else got a hold on that stuff? The Wall Street Journal gives one part I never had (due to a lack of specific knowledge). That part is seen in the quote “Since the NSA was created in 1952, Russia and other adversary nations had been trying to penetrate its Level-3 secrets without great success“, he fact that they clearly have access to some degree, both Edward Snowden and Harold Thomas Martin have made that a near certainty.

This now reflects back to the Lockheed devices. Consider that the UK has a different methodology regarding its missiles. If a test was performed through the normal track and if we accept that the Russians have to some degree Level-3 documentation ‘access’, when we also accept that they have a clear understanding on the PRISM system now and we already know that both China and Russia can interfere with data packages (read: transmitted data) whilst in motion, is it really far-fetched that they intervened (read: corrupted) the data meant for the failed Trident test? Let me reiterate, I am not stating they retargeted that missile as there are too many components they do not control, the package just needed to be corrupt to the smallest degree, which would get the missile into a wrong destination and then self-destruct. Now, as stated, this is speculative, yet based on data which after 3 years is now proving to be utterly (read: mostly) correct. Is the speculation that far-fetched? And Russia has every reason to scuttle the UK Vanguard units now before the newer and totally unknown entity HMS Dreadnought comes into play, as stated by other academics in this field that it is  ‘essential to assure the invulnerability of the deterrent‘, when that invulnerability is gone, what remains?

I can tell you that I might not be entirely correct, but I can tell you that based on 3 years of data coming true that my aim is a lot better than the latest Lockheed Trident missile, which was allegedly off by almost 180 degrees.

 

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Up for grabs

Have you ever considered a deal that is almost too sweet to consider. Have you ever walked straight into a room seeing that one special item thinking that the price is off, too good to be true. Yet, you look again, as inconspicuous as possible and as you do the maths in your head three times over, you start to realise that you are there, others are there but they either missed the deal, or they were looking at something else. That is where I find myself this morning. Not unlike a day in 2001, as I walked into a small obscure bookshop where I noticed the original 7 hardcover books of Tolkien’s the Lord of the rings with his autograph, the price? £39, I felt like a thief when I paid the man, he sold it with a blank expression in his eyes. I walked out shaking like a leaf and I remained in denial for at least two more days. This is how I feel now when I look at Handelsblatt Global (at https://global.handelsblatt.com/finance/goldman-sachs-weighs-deep-london-cuts-amid-brexit-concerns-685516), where I see ‘Goldman Sachs Weighs Deep London Cuts amid Brexit Concerns‘, could they actually be this stupid? Could I get my fingers on Goldman Sachs for almost literally an apple and an egg? That is a Dutch expression for selling or purchasing something for anything massively below expected price. Like buying the Ducati 1299 Panigale for only £99.95. It’s a world gone mad, and in this case Goldman Sachs will end up doing their own devaluation. Consider the facts. They move away from the central Hub London, which has been there for a lot longer than the Euro, they are now moving to Germany where there is a civil law system and the KWG (Kreditwesengesetz) is Iron Law. Whilst at the same time, its two nephews German Solvability Directive (SolvV) and German Mindestanforderungen an das Risikomanagement (MaRisk) can rock the foundations of the Goldman Sachs board in Germany in ways they have never comprehended (or so it seems). That is the move they are ‘advertising’? That article, with a picture of Lloyd Blankfein, the CEO of Goldman Sachs, like he is looking out of a window wondering where the hell his retirement is at. At that same move, we see the quote “Personnel in Goldman’s trading business who develop new products as opposed to advising customers would move to the bank’s headquarters in New York, the sources said“, so those making new products will move away from the area of the people buying it, so they either fly back and forth (impacting contribution) or work remotely alienating their customer base. So is this a serious considered move?

If so, than Goldman Sachs needs to realise fast that once their UK base is deflated to the size they claim, and when the Frexit vote passes, Italy and Germany will not have any options to keep it all afloat. More important, with logistical options diminished and having pissed off France and England, they would have to face conditions to move to France and they end up not getting a foothold into the UK to the degree they once had, because the competitors of Goldman Sachs, like Morgan Stanley would have gobbled up a few of the London links Goldman Sachs lost, in addition, CITIC who took a few body blows will be hungry for whatever Goldman Sachs left in the air as they moved to the mainland, lowering the value of Goldman Sachs overall. In that atmosphere Lloyd Blankfein needs to realise that the move is more than just a bad idea. Perhaps he does know, perhaps this is another shot over the bough to the UK telling them to play nice or else. This from a firm who in a 639-page report was accused of misleading investors and setting out to depress the US mortgage market, ensuring that it would win high stakes bets that the market would fall. That firm is playing footsie and chicken with the UK? Well, that is one that they will not just lose, it will be the act that any person with an apple and egg (preferably boiled hard) could walk into the board of directors offering that as payment for the firm. I wonder who in that board of directors will take the offer first. For the Macquarie group the move would be very nice, that group could grow a lot. They might resort to taking the small fish that Goldman Sachs left alone, but those 800 firms might not have stellar results, but they have remained stable for at least half a decade and even as we agree that stable is not sexy, it does make for a very nice secure foundation to grow on, good luck getting such results from Poland, France or Spain. and as France and Spain are founded on the local markets for language reasoning, the Frexit groups will see Goldman Sachs as a remnant of dire pasts, is that regard there is (a speculation by me) the chance that Goldman Sachs would, through the move facilitate the customers they had to port away as those clients are no longer represented through London, which still has a sizeable value to the clients they had whilst in London.

You might think that this is all untrue and that Goldman Sachs will continue in London in a diminished capacity. Well, consider that one of the largest greed driven entities is downsizing by 50%, do you think that this is merely a corporate downsize? the 50% moving away had its jobs to do, by doing it somewhere else, it is not doing in an additional location, it is doing it in another place, with a different set of admin laws and goals. If you had an accountant, and he is sacking 50% of its staff, do you think you get the same level of service, or is it possible that whomever remains in London needs to look at twice the amount of clients? And if we accept that, how much care will you receive at the same amount of annual contribution? With its posturing Goldman Sachs forgot the cardinal rule, it needs clients and clients in the UK remain, clients remain but their perception on begotten service will diminish and they will seek the firm giving them the service that they expect to receive, the time they expect to receive and GS will be only half its size with other offices in different time zones. So yes, there will be a consequence for Goldman Sachs. The offer that seems too good to be true. So as CITIC, Morgan Stanley start their campaigns, their visibility with advertisement like: ‘the firm that has been in London for the longest of times remains, and we will give the same amount of attention and resources, dedicated to you, your business and what you need‘. That firm could start up softening the Goldman Sachs clients and the moment the announcement of the move comes they just need to invite those clients to a nice breakfast meeting with a deal ready to be considered for signing. You see, the moment the move is announced and the moment Frexit will seriously start, the investors will realise that the UK market was a lot more important and when XNYS:GS hits (-4.62%), I’ll just walk in holding an Apple and an Egg seeing who in the board of directors will take the deal.

As HSBC and UBS are closing ranks with Goldman Sachs, you have to consider that I am wrong!

That is only fair. Let’s face it, I have no economic degree. Yet, when Brexit came, when it became something serious, these people were all ignoring it, they were all claiming that it would never go this far. I was proven correct and now the Financial Gravy Train is changing gears as it’s not as profitable as some expected it to remain, those people are trying to restore their Status Quo and their amount of gravy per pay check. Yet, the unfounded move, the emotional outcry of these people making no less than 50 times the average income, those people are trying to force open a dialogue and a new place of exploitation. The quote: “UBS chairman Axel Weber said that about 1000 of the Swiss bank’s 5,000 employees in London could be affected by Brexit, while HSBC Chief Executive Stuart Gulliver said his bank will relocate staff responsible for generating around a fifth of its UK-based trading revenue to Paris” is actually a lot more funny than even he realised (at http://www.afr.com/business/banking-and-finance/goldman-sachs-hsbc-ubs-all-warn-of-moving-jobs-from-london-on-brexit-20170118-gtu8cj). You see, Frexit is still growing and it is slowly becoming a realistic prospect. So when the Wall Street Journal stated 15 hours ago “A “Frexit” would likely unleash chaos across the currency union and undermine the broader EU in a way Britain’s departure wouldn’t“, we now see that those 20% revenue generating people from UBS will be on the shores of a Civil Law country  whilst the confusion is only increasing. As for the other part of me being correct, we’ll have to make this small sidestep. On May 15th 2013 (yes 3.5 years ago), I forecasted in ‘A noun of non-profit‘ (at https://lawlordtobe.com/2013/05/15/a-noun-of-non-profit) “Consider a large (really large) barge, that barge was kept in place by 4 strong anchors. UK, France, Germany and Italy. Yes, we to do know that most are in shabby state, yet, overall these nations are large, stable and democratic (that matters). They keep the Barge EU afloat in a stable place on the whimsy stormy sea called economy. If the UK walks away, then we have a new situation. None of the other nations have the size and strength of the anchor required and the EU now becomes a less stable place where the barge shifts. This will have consequences, but at present, the actual damage cannot be easily foreseen“, I made the prediction of loss of stability, in addition, a quote not from me “Movements in sovereign spreads affect CDS spreads and bond yields of Italian banks, and are transmitted rapidly to firm lending rates“, this was predicted by Edda Zoli at the IMF. Do some of you remember the issues in Italy on losing the credit rating it had is now a clear marker to consider. Even as the parameters for the Italian downturn are not matching completely the elements in play include the ones I and Zoli stated, meaning that Italy will get a few more negative bumps to deal with (not major ones though).

You still think I am that wrong? I have been involved with data cleaning for decades, I have seen the ‘weighting games‘ some played and now that the party is over, they are running for the high ground, whilst making boasts of clearing away from the market like horse traders. This is all fine, yet the players that are not as big can now shore up their levels of stability growing their overall value by a massive amount, because that is where the UK now is, its economic forecast is growing and the rash statements are doing the opposite as the competitive peers of Goldman Sachs are almost volunteering their free time to help Goldman Sachs pack up and leave the UK so that they can move in on the Goldman Sachs share, because there is no way that Goldman Sachs will not lose a fair chunk of it.

So as Frexit grows (I never expected it to be this strong at present, just a really serious factor), we now see that Marine Le Pen is now leading the polls for the first time after taking advantage of Fillon’s declining popularity among France’s working class voters. I think that this is not the only part, the increased forecast of the UK is doing equal reinforcement of the end of the Euro and perhaps even the end of the European Economic Community. Not because that was the goal, but the fact that all these small nations were too deep in debt and Italy, the third anchor is in massive problems, that large barge cannot remain afloat with only the German anchor in place. My view of 2013 is now showing to be the correct one.

Is it a done deal? No it is not. Someone with actual power in Goldman Sachs could realise that these boast fests are counterproductive and that the boasts only achieved that some doors can no longer be opened by Goldman Sachs. They would have to call, make a proper appointment and they would have to sweeten whatever deal they are hoping for, impacting their dividend in the process. Goldman Sachs played a hand that held a few Trump cards (pun intended) and without those the next few hands will need to be played extra careful and cautious. You see, they lost a little more because those playing now might not have considered 2012 Amsterdam. There we see: “De bank verloor in de nasleep van de crisis veel klanten door negatieve berichtgeving over de rol van Goldman Sachs in de kredietcrisis van 2008. De bank wil deze klanten nu terugwinnen. Het nieuwe kantoor moet vooral de dienstverlening naar klanten toe verbeteren” meaning “translated: The bank lost in the aftermath of the crises many customers through negative messaging on the role of Goldman Sachs in the Credit Crises of 2008. The bank wants to regain these customers. The new office will have to increase the service levels to clients“. This part has two sides, not only regarding clients they will lose in London, in addition, the Dutch clients had a benefit in time zones regarding London, and they will not have that with Germany. So there is more than one fish on the Barbie (read: BBQ) and the impact will be felt and smelled. You see, Amsterdam was never an option for Goldman Sachs, yet as more important reasons GS frowned at the capping of bonuses in 2013 as mentioned by minister Dijsselbloem at that time. Which is rather funny as Germany in this 2017 election year is actually moving in hard on to cap executive pay. This we got from Handelsblatt Global Edition just a week ago, so the move could potentially come with a few nasty sides for those working through the move.

OK, I will admit that Goldman Sachs might not be up for grabs, but it should be clear that if they do move, they will be receiving a few body blows and those come at a price for many at Goldman Sachs. The question however is not, if that is the hard part, the hard part comes when the winner is announced in merely 16 weeks, at that point we will see how realistic Frexit has become. You see, it is not just Marine Le Pen and Front National, Independent Emmanuel Macron, former economy minister will also hold the referendum and together they represent a lot more than a mere majority of the French population, the fact that this reverberates with the populous is an issue for too many as he is not proclaimed left or right, he places himself in the middle making the Fremainers a minority with less and less people in it. Making the move of Goldman Sachs to Germany lacking wisdom as France and the UK will have to unite in whatever trade deals they can have meaning that the UK forecast will grow faster and faster, whilst the French forecast will be less and less dire. The only one who gets to look at that label will be Goldman Sachs.

What a difference a boast makes! Could be a nice future Goldman Sachs slogan, if they survive the ordeal!

 

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