Tag Archives: Walmart

The enemy of my enemy is my ally

That is the setting America is coming to know as the great downfall. The BBC gives us (at https://www.bbc.com/news/articles/c0mlen3grx7o) ‘Reeling from Trump’s tariffs, India and China seek a business reboot’ We can say it is a storm in a cup of water or take this seriously. I made mention of it yesterday, but I gave it a mere passover. It is not the most exciting of settings, that is if you merely adjust it for triviality. This namely has two settings, the first (the one America hungers for) is “The US was India’s top export destination in 2024, with shipments worth $87.3bn.” The other was gives us that India exported (until near future) “India Exports to United States was US$79.44 Billion during 2024, according to the United Nations” As such China now sits in the seat where China could replace America for up to $60B (they won’t get 100% in the first three years) and China gets access to up to $50B on route from India to China. There is a lot to be made and that will give Walmart pause to consider where to get the cheap stuff they love to flog to their customers, and as I see it Walmart has no real replacements there, when China starts to throttle the revenue of Walmart, America can kiss goodbye to 90% of their employment population, merely 90% of 2.1 million employees. A setting on top of the defense losses, tourism losses and the other losses that America now faces. A rare event of handing a larger win to China. And that opens other doors too. Huawei will be given access to Indias markets and as Indias data centers will adjust to Huawei, America markets will have dried up to close to 15% of the global population and there the other losses come to bear. 

So as we are given “Experts say the levies threaten to leave lasting bruises on India’s vibrant export sector, and its ambitious growth targets. China’s President Xi Jinping, too, is trying to revive a sluggish economy at a time when sky-high US tariffs threaten to derail his plans. Against this backdrop, the leaders of the world’s two most populous countries may both be looking for a reset in their relationship, which has previously been marked by mistrust, in large part due to border disputes.” Even as India has ‘mistrusts’ as the BBC phrases it, The setting is a much larger stage than anyone realizes it, so you better believe that the CCP (Chinese Communist Party) will be playing exceedingly nice. Not just because of what they will gain, but because of what America will lose in addition to this. As I see it, the Indian intelligence settings will get an immediate infusion of Chinese hardware, as such the CIA will be close to blind in the next month or so, they are kept in place whilst they will scramble for additional resources and people to thwart what India and China are starting. Their (CIA) blame game will come to new operations and we get to watch from the safety of distance as America is shooting arrow after arrow, optionally missing whatever target they are aiming for.

So whilst we were given “India was never going to be the bulwark against China that the West (and the United States in particular) thought it was… Modi’s China visit marks a potential turning point.” They are forgetting two elements in that setting. It was never a bulwark, it is a population of revenue, options for the Chinese markets to enhance and the import of Indian goods will also bless the Chinese population. On the other hand, Chinese hardware will grace the Data Centers they now have and will get over the next two years, that is a significant drain to American revenue. In addition to this, India will get to consider Chinese defense contracts and that will bolster their revenue too. In addition there is a larger setting now for Saudi Arabia to get into the field with the Defense hardware they can sell and that is another blow for America. 

And as The CIA gets replaced by the Ministry of State Security, they will get a much larger stage and when the Chinese counterparts shows that there is a lot more information they can get access to, the CIA options will dwindle down to next to nothing. As such this game was misplayed by America to a larger extent. You might think I am holding on to a 7-2 hand and I grant you it is the worst hand to have, but when the game comes to Canasta, it is out in the open what a bad hand is, because if I get either a 7 or a 2 and the pile graces one of the other cards, I could get a massive influx and China can sweeten the pot there. It is all just a video game (a reference to yesterday) and it only required people to think what was going on in a dome setting, because the other two domes could have represented the EU and the Commonwealth. Now India as a Commonwealth partner could get a more impressive seat and that was the ballgame. The Commonwealth needed an alternative as President Trump was no alternative at all, not with its 51st state bickering. Now America is dealing with additional fears, because Canada with its 8,891 km wall bordering America, oh wait, it isn’t there yet, it is on the other side and now with the dangers of a Chinese base just north of it, the Trump Administration will be playing duck and cover (ask Bethesda). And that is after they learned a hard lesson with Cuba, they get to swirl and pay for the protection they need, oh wait, they have no money left. Sucks to be America at this point. 

So whilst America is figuring out what dreadful hand they gave themselves. The larger setting is that with China the Commonwealth now has options, it is not nearly as dark as the America play presented it to be. I merely need to go back to the Huawei setting. We (most of us) thought they were the bad guys, we need to realise that the ones giving us the data was America and the greed driven population who were depending on American hardware nodded yes. Still I have never seen publicly voiced evidence of what Huawei was guilty of. Mere ‘could become’ and ‘we think’ not evidence of a credible nature and now China will get a first setting of handing America its walking papers to the larger stage that we are privy to.

Have a great day.

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Is it reality?

That is the question I am faced with as I saw the article at CBC which I cannot continue as CBC screwed up its site giving us advertisements every inch of the article, as such Brodie Fenlon clean up your freaking site, and fire the idiot responsible for this. Yet the BBC came to the rescue and gives us (at https://www.bbc.com/news/articles/cx2v37z333lo) ‘Trump deep sea mining order violates law, China says’ in earnest, that article is three days old and I preferred the CBC article as it shows a little more clearly how desperate America has become for funds. I reckon that the interest on 36 trillion of debt is gnawing on the bones of America, more prevalent that gnawing has gone beyond the bones as it is starting on the bowels of America. The BBC article gives us “Donald Trump has signed a controversial executive order aimed at stepping up deep-sea mining within US and in international waters. The move to allow exploration outside its national waters has been met by condemnation from China which said it “violates” international law.” I tend to agree with China, but merely as it allows a setting where the desperate poor countries who cannot counter America and these nations are left with baubles. A setting they learned from the slave traders around 1768. You have to hand it to trump. He is giving the old scriptures a chance to prove themselves. The issue I partially have a problem with is “The administration estimates that deep-sea mining could boost the country’s GDP by $300bn (£225bn) over 10 years and create 100,000 jobs”, in the first there is no clear setting for the $300,000,000,000 revenue. If they ‘mine’ in a few wrong sports, the price if mining and the revenue of staff will cost them an easy $50,000,000,000 which implies a lost revenue base of 16%, the second part is that these jobs are mostly given to people they just evicted. Only the higher levels will get a nice dime, the rest will be done by Americans who didn’t want the job anyway and that breeds errors and often mistakes. A non-committed employee screws up the daily routine a lot more than you are happy with and that will be dozens of people. The part that I never gave the right attention is seen in ““The harm caused by deep-sea mining isn’t restricted to the ocean floor: it will impact the entire water column, top to bottom, and everyone and everything relying on it,” he added in a statement released on Friday.” The he in that quote is Jeff Watters of Ocean Conservancy, a US-based environmental group. The fact that Jeff merely got one quote implies that he has a whole lot more to say and I wonder if we will ever see that part of the equation. The larger setting is that America is now ready to start bullying its way through international waters. So what will they call those who want to intervene on their waters (or too close to it), will they suddenly be branded pirates? A larger setting that America has lost the plot and I warned for this a decade ago. Deal with your debt unless it deals with you and that seemingly seems to be happening now. It also opens a new setting. These little nations will now be ready to side with China, which is another headache for America. And that setting will give China (as a protector or these nations) an options to scuttle these miners. So $300 billion largely lost and American lives lost (at present no one cares about those). Now we get the added cost of these mining platforms and as such America gets into deeper waters. 

So the end of the BBC article gives us “A recent paper published by the Natural History Museum and the National Oceanography Centre looked at the long term impacts of deep sea mining from a test carried out in the 1970s. It concluded that some sediment-dwelling creatures were able to recolonise the site and recover from the test, but larger animals appeared not to have returned.

The scientists concluded this could have been because there were no more nodules for them to live on. The polymetallic nodules where the minerals are found take millions of years to form and therefore cannot easily be replaced.” As such we have a (non proven) stage for the desperation of Americans. This was shown half a century ago. And the fact that America is willing to ignore “larger animals appeared not to have returned” as well as “polymetallic nodules where the minerals are found take millions of years to form and therefore cannot easily be replaced”. As I personally see it, to ignore these two facts implies that America doesn’t care (or cares less) about marine life and that it will act like a carrion eater in regards to the ocean floor and take now what needs millions of years to form whispers (to me) that America is decently beyond broke and it falls to President Trump to default the larger part of 36 trillion of debt. I’m pretty sure that I made mention of that chance in the past and as I am likely proven right yet again, the question becomes why didn’t economics signal clear levels of dangers? The news now, as the Times writer (and American economist) Irwin Stelzer gives us that the economy of America is in rather good shape. So is it really? Please give us the goods on how America is doing well? It might be that the America Economy is seemingly hanging tough, but they lost billions of revenue all over the field from retail to defense contracts. They might be in denial, bit as I see it only two years ago we would never have seen ‘Italian defence and aerospace giant Leonardo has signed a new Memorandum of Understanding (MoU) with the Kingdom of Saudi Arabia’ a mere three months old. So how much did America lose here? I cannot set the valuer of that contract, but the quote “multiple areas of collaboration to include space industry, airframe MRO (Maintenance, Repair and Overhaul), localisation of electronic warfare systems and radars and assembly of helicopters, a focus on Combat Air and Cross-Domain Integration fields, industrialisation processes and human capital development, national supply chain in the Kingdom of Saudi Arabia and the country’s role for Leonardo in the region as well as the global value chain.” (Source: www.leonardo.com) leaves me to believe that it is a serious amount of money, now add the new European slices and with the tariffs the loss of America is now on a threshold to fuel a larger recession than ever speculated on before, the larger players (read: Bloomberg) set this chance at the moment at 40%, as America scuttled their own retail houses (like Walmart) of cheaper goods, they need to continue without the goods, you might think it is nothing, yet 1% of the American population works there, now take out the thousands of shoppers (read: immigrants) and that 2025 revenue of US$680.99 billion will topple by at least 10%, 30% if they are not careful and what remains of that Net revenue of US$19.436 billion? You see, they either fire a whole lot of them or lose close to 40% of their business. These are personally considered numbers, so I might be wrong here to the amount of loss, but not the intention of loss and this is merely Walmart. There are several other chains facing this setting. So how good is that shape of the economy? 

I wrote a few years ago that we need to see where all these bonds are, no serious journalist ever looked into that matter it was the time around the collapse of Silicon Valley Bank in 2023. I wondered how the could have happened and it was a much bigger thing. The acquisition of Credit Suisse by UBS gave me pause to ponder, I figured that several banks had over swallowed on bonds which left them not dissolvent, but left their funds largely frozen as such I speculated that Credit Suisse and SVB had too many bonds and at that time the loss of value of these bonds were crippling them. At present no one really looked at this, even to debunk my train of thought and now we also see some are selling their debt of the US. The BBC touched on that on April 10th (at https://www.bbc.com/news/articles/c5yrr0e7499o), so feel free to think I am crazy (always a decent stance to have) but there is ruffling in the economic oceans and the stage that the economic times are decently horrendous is not a bad thing. 

I just thought of something, did America rename the Gulf of Mexico for mining purposes? Now a bad stance, if it not for the tiny fact that the Bermuda Triangle is there too, as such how many mining platforms will operate in that region and what remains a few weeks later is anyones guess. Just me having fun with the situation. 😛

Have a great day and feel free to enjoy a coffee, it leaves you with a warmer feeling than a US bond at present will. 

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A call to arms

That is what is in me. Calling you all up to arms. The first issue is Donald Trump, the president of Unites States of bankruptcy. And we see this possibly quite clearly. The first part is (at https://www.cbc.ca/news/canada/buy-canadian-tariff-threat-implications-1.7439117) where we see ‘Why ‘buying Canadian’ isn’t as easy as it sounds’ And we are given “Can shrewd shopping truly help Canada push back on economic threats from the United States? If you believe the rhetoric from some political leaders, every little bit helps — especially if consumers pay closer attention to labels.” I believe we need to do more, we the people of the commonwealth must unite, Canada is our larger brother and the United States of Bankruptcy have no business making claim to it as the 51st state. There is no opportunity as that weasel Kevin O’Leary states. America has to fine ways to raise its economic awareness of go under. And the oil and forests of Canada are not the way. As a commonwealth Australia, India, Jamaica, New Zealand, United Kingdom and the other 8 nations have a duty, yes duty I say to if whenever possible to buy Canadian. As such all American maple syrups go from the shelves right now and are replaced with the real Canadian version. 

Wood and other stuff needs to be bought from Canadian dealers only. It might not be enough, yet tell me honestly when Trump attacks us, should we not respond? If he attacks one of us all with tariffs and we, all 15 replace American goods whenever possible with Canadian, adding to that notion by switching oil by Canada ($11.8B), United Kingdom ($11.4B), and India ($10.8B) from America to Canada, it will hurt America at least 33 billion right there, the other Commonwealth nations might not be the largest customers, but every little bit helps. Oh, and if we all stop American import oil, America can stop crying like a bitch to make oil cheaper from Saudi Arabia, they can now provide for their own oil. 

It might not be enough, but if the dent is great enough, America will think twice with their ambition to annex Canada into America. So as we see “Make sure we send a message to big retailers. Costco, Sobeys, Walmart, Metro and Loblaws. Buy Canadian products.” Our Commonwealth nations could add Coles, Woolworths, Aldi, Co-op, Sainsbury’s and a few others to that list. And this would also benefit the UK. So how much of a dent is needed for America to realize that pissing of the ally they once had was a really bad idea? The second article (at https://www.cbc.ca/news/politics/trudeau-premiers-buy-canadian-trade-war-1.7438587) also gives us in ‘Trudeau, premiers urge shoppers to buy Canadian as country prepares for a trade war’ “As a possible trade war with the U.S. looms, Trudeau and the premiers are now furiously trying to dismantle long-standing internal barriers to make it easier to trade goods and move workers across provincial borders.” And in that case, their brothers and sisters in the Commonwealth should also be heeding the call they face. 

And do not relent, let America face the hardcore upgrade to financial pains by removing massive parts of their income. It is the least we can do. Must of us could get the oil needed from Saudi Arabia and the UAE. This could open additional markets for both sides. As such there could be a call to add Aramco and ADNOC fueled gas stations. My temporary issue is that we see “Our refinery at Lytton (ample) uses crude oil largely sourced from Australia, New Zealand, south-east Asia, Africa, and North America.” As such North America should be rescinded from that list and replaced with oil from Canada, Saudi Arabia and the United Arab Emirates. Ampol has over 1900 locations in Australia and 262 in New Zealand, time to upgrade that list of places. As I said it might not be enough, but in hardship the Commonwealth has such together and our big brother needs out help now. We all should unite and let the baboonish call to make the 51st state a thing of the past. We see that America is also making the call to invest 500 billion into AI and that might be (might is the operative word) the final straw for their collapsing economy. You see there is only one definition of AI and it was handed to us by Alan Turing. Based on his paper 1950 paper ‘Computing Machinery and Intelligence’ (see https://www.turing.org.uk/scrapbook/test.html

(source: University of Maryland, Baltimore County (UMBC))

As I see it, what we have now is an exploding predictive analytics model set so verbose that it never learns, it merely sets all the combinations of the set in data. It was a decent solution in 1986 when it was Chessmaster 2000 brought by The Software Toolworks and later after passing several hands until 2009 it was in the hands of Ubisoft. The Chessmaster 9000 was said to have an ELO of 2718. Data formats had evolved, but the larger setting was that the system never really evolved and in 1986 our concepts of data were different. Like some rainbow tables approach to the presentation of data we grew more attuned to the situation, but it still isn’t AI. A predictive analytical model using deeper machine learning and LLM model is of course much better, but it just isn’t AI and the elements requiring AI are not in existence yet. We now know what it should look like and a Dutch Physicist has now proven and shown the Epsilon particle to exist, but it isn’t here yet. For that matter until that evolves into a trinary system we are out of luck and President Trump puts 500 billion in this? This will always go sideways in the direction no revenue will come from and at some points the banks will want to see their revenue. A simple setting that is coming the way of America with no recourse. So yes, I am calling to arms to protect Canada, our Commonwealth brother. 

So why the AI part?
If America is to be set to their decisions, then the folly they employ is also a measurement and a hindrance to success. I do not oppose the effort, but in this ago that a solution is ‘presented’ as the holy grail and the future financial solution, the fact that it will never work at present is also the hindrance for the presented result. I don’t care that Microsoft is plunging billions in this and whilst securing 3.5 million carbon credits. The bigger setting is a joke (as I personally see this) like toddlers playing Texas Hold’em poker. With the pot merely increasing and when you realize that this could cost you the hand and in the case of America their nation. In this I believe it is essential to stand by Canada. We see all these companies vesting their chances and the effort is good, but the risk is theirs at present and now President Trump is making the country the presented bet of a folly hand. And it matters and no one is considering that too much will be lost, not even the media.

The media is not looking (or too little) at the dangers of data poisoning and malicious use of the data train in development. These two settings involve people and there is a near complete lack of verification of data and that could cost us all in time. So whilst America is willing to hedge its bet by presenting a solution that cannot yet exist (or in the near future) we can leave them to their sorry state and hand protection to our brother Canada to keep it secure and out of American hands. As such I call to arms.

Try to have a great day.

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It started with television

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

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

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

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

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

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

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

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

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

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

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

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Paranoia helps

This is a case, you might be paranoid, that does not mean that people are not out to hack your life. We seem to forget that, and the second part we forget is that big corporations do not care, it is the cost of doing business and that is what insurance is for. But the stage is growing and with full national 5G insurance companies will not take that stance, they would want assurances and that is when the consumer gets to pay for it all. One small slip up, one error and the consumer pays. That is where we are heading. 

This all started when I saw ‘Walmart ships fraudulent order to hacker’s address then leaves customer to recoup cost’ (at https://www.cbc.ca/news/business/walmart-fraudulent-order-online-account-hacked-1.6353016). The story gives us all kinds of information and in some cases the consumer made the easy choice, the ‘this is so much easier’ path and hackers tend to rely on that. But it is not all bad news (well mostly it is), so let’s start.

Item one ‘fraudsters were using it and his credit card on file’. This is with the consumer. Yes it is easy and most e-commerce sites use the same good encryption. Yet as I see it there are two issues. It is easy to order when the credit card is on file, so DO NOT DO THIS! Consider what you are doing every time you use your credit card. More important, when it is on file anything can happen as this consumer found out. I have two instances where a credit card is on file. One is a monthly payment of less than $10 a month, the other is even less. I enter my credit card information with every purchase. Commerce like people with credit cards on file, it is easier to make them buy, but consider that your budget is limiting and when you still have a week to go at the end of your credit card, life gets worse really fast.

Item two are two items, and they are on WalMart. We see ‘Walmart had cancelled the first three orders on its own, but Tomlinson noticed the last one for an Apple TV had just been shipped.’ In the first part why did three stop and one did not? If they are based on the same data, there is a flaw in the system, there is close to no other option. In addition we are given ‘he was not able to access the address and Walmart wouldn’t provide details’, this is clearly on Walmart. In addition, it should be in these systems that there is a permanent record of the last 10 addresses that are not linked to the credit card that paid for it, 10 is an arbitrary number, but it happens that a family member pays for another members item, or something like that. 

Now we get to the rather nasty stuff, we are given “In 2021, e-commerce retailers surveyed said they prevented about 4,860 attacks, but failed to stop about 4,800 others. The survey also suggests online and mobile fraud attacks on retailers appear to be rising since the pandemic started, up 45 per cent in Canada from 2020 to 2021.” In a full 5G network this number can go up by a 600% to 19500%, consider that 93,600 fraud cases are not stopped under 5G, do you really think that the insurances are going to sit back and let the numbers rise from 4,800 to 93,600? You have got to be kidding me and those who do will do so at horrendous premiums and the consumer gets passed on that bill. A setting I have foretold for years and people are still not waking up to Common Cyber Sense. Not all of it is the consumer. Yet look in your own home, how many use passwords like ‘QWERTY’, or something that simple? I thought I was clever in the 80’s when my password was ‘password’ and I learned quickly that there is more to safety and security. Then there are those who use the SAME password in all places and those people also have all their passwords on file. How long until deeper machine learning can make the jump from where we are, to what we are and how lazy we are? The algorithm is already out there, with 5G it gets the speed to really rake in the dollars. So whilst some might ry for big business when they give us “While Walmart says Tomlinson’s problem was caused by compromised credentials — not a cyber attack — Sutherland says companies across the board are dealing with such attacks on a regular basis.” And when we hear the sob story of covid made it worse, we need to consider that I saw issues like this in 2015, a massive overhaul of the e-commerce system is becoming essential and most of them do not want the cost, but the issue of fraud is happily passed on to the consumer. We need to accept that this is not merely Walmart, it hits e-commerce in Europe, US, and Asia. This is a much larger problem and a better system is required. Consider that we blame the NSO group for many hacks, but the basic issue is not merely the NSO group, they merely ‘Exploit Security Flaws in Phones’ Operating Systems’, so when this gets to e-commerce in the same way, we get a flaw exploiting a flaw and our goose is cooked. Hundreds of hackers hope to find that ‘Zero-Click’ flaw that makes the hacker rich whilst the hacker is sleeping and in a 5G world that will happen more often. It is not paranoia when they are all out to get your money, and there are many who want to do just that.

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The accusations begin

The BBC (and a few others) give visibility to a danger that has been around for some time. Yes, they alert us to what is happening and the BBC is not to blame. Yet when we see ‘Fake Walmart news release claimed it would accept cryptocurrency’ (at https://www.bbc.com/news/technology-58545944) we need to wonder about a few things. It might be “The release, published through a legitimate press channel, claimed that Walmart would accept the currency through all its digital stores. Walmart later told US media outlets the announcement was “inauthentic”. By that time, several major news websites and press agencies had spread the supposed news. It is not clear how the announcement made it on to Global Newswire, a service widely used to distribute press material from companies.” And it is an important side. I merely wonder how soon we will get some carefully phrased denial spiced with “there was a miscommunication”, I  will have questions on how thorough the investigation will be, which stakeholders were involved and how Global Newswire got the news in the first place. 

As I expected for some time, there is a larger flaw on vetting information and who is allowed to vet it all. At some point a situation was created where a group of people made $50 per coin where no profit existed and even as we get loud claims on a few sides I expect that nothing will come from it, the exploitation stage is set and it is high time that the media gets a massive overhaul. Even now we can find the Google search on global News, but the link no longer works. Not a clear retraction, the article was merely removed, as I personally see it a stage of manipulation. Over the 17 hours, we see no news on WHO delivered that news to Global News, we see no news (from anyone) on HOW it was delivered. 

I get additional questions when I see ‘Litecoin back to the drawing board as LTC rally culminates’ (at https://www.fxstreet.com/cryptocurrencies/news/litecoin-back-to-the-drawing-board-as-ltc-rally-culminates-202108261526) we also get “On August 16 and again on August 23, Litecoin (LTC) tried to reach the 200-day Simple Moving Average (SMA). Both tests failed and what followed each time was a quick reversal”, as well as “A return to the bandwidth between $135 and $156 looks like the sanest move to attract buyers again” a simple search gave me this info and in this we see a setting where SOMEONE spiced it with fake news. In all this there was no vetting of any decent kind. As I was able to find what I found within 5 minutes, yet Global News spread the news. So whilst the BBC gives us “It is not clear who was behind the fake release, or how they managed to publish it.” It seems clear that Global News needs to get ready for some serious FBI investigations, it might be a Canadian news station and it will go via the Royal Canadian Mounted Police and optionally the CSIS will get involved, but the FBI will take the US side and neither of the three will be played for as fool. The FBI has no real choice in the matter. This is merely part of the larger stage that real media lacks the same credibility that fake news has and that is important, as it will change the stage of News agencies everywhere. When the news becomes nothing more than an exploitation tool the entire Litecoin issue will not be the only one and it will not be the last one. And in all this, there will be a seperate stage for the connected stakeholders. 

And it will not end there, we can accept that Global News acted in good faith, and we can accept that. But it also means that Global News will have to dig deep into its bowels and find out how this was possible in the first place. There are also more questions that Walmart has to answer, yet I wonder if it will get us anywhere. From all parties Global News is the first station of investigation, and I wonder how much interference some parties will throw up and that might be seen in the media over the next few days and that will lead to several questions, none of them good.

 

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Greed and Law helping each other

I have written about it before, it is my point of view and my conviction. It is my setting that gives rise to what you could see, and gives rise to what you could know, you already did, but you seemingly decided to ignore it, you decided to enable the greed driven and all parties are smitten by greed, they call it different, yet as I see it, it is mere greed.

How it ends
The end is shown by the BBC (at https://www.bbc.com/news/business-57770557) with “It marks the first step towards the OxyContin painkillers maker paying out $4.3bn (£3.1bn) to settle cases related to the opioid crisis”, it was always about the money. There is an old saying “μυστήριον, Βαβυλὼν ἡ μεγάλη, ἡ μήτηρ τῶν πορνῶν καὶ τῶν βδελυγμάτων τῆς γῆς;” The book of revelations 17:5. Did anyone consider it could optionally reflect on Attorney General Letitia James from the state of New York? We might see and take notice of “While no amount of money will ever compensate for the thousands who lost their lives or became addicted to opioids across our state or provide solace to the countless families torn apart by this crisis, these funds will be used to prevent any future devastation”, will it though?

The method
We see ‘OxyContin is one of the most commonly abused prescription drugs’, and we see that it belongs to the Sackler family, the members who own Purdue Pharma, privately held. They are not guilty, yet they are also not innocent, greed drove them towards their billions, yet they are not the demons we all paint them to be, to not be innocent and to be a demon is to be a different cattle of fish and any Attorney General could tell you that, but they have the money and they all wanted the money, the real demon.

Culprits
Yes, there are culprits in this story. You see some sources give us that in 1996 316,000 prescriptions were dispensed, it grew to an impressive amount topping over 14 million prescriptions with an estimated value of $3,000,000,000. The issue we see everyone painting over is ‘prescriptions dispensed’, this is not something that a person can get, it needs a doctor and it needs a pharmacist. The top 5 are Walgreens Company, CVS Health, Walmart, Rite Aid Corp and Krogers company. They own a little over 25,000 stores and around 113,000 pharmacists. There are ere players in the game. Yet how many Oxycontin did they hand out? How many doctors did these prescriptions?
You see, the interesting side is not what we see, but what we saw on TV in 1978, it was an episode of Lou Grant and that episode (season 2 episode 1 “Pills”) shows us the larger station that plays here and THEY gave the people (government also) the goods 20 years earlier. We all want one demon, but there was not one, there were a truckload of them, but the US government cannot fill their pockets there.

Innocence
It is the first fatality in any war, there is no exception and this is not different. The Sackler family is not innocent, but they are not the guilty demons that the media and the flaming screamers claim them to be. It was simple and it was out there. 14,000,000 prescriptions and only doctors can make them. Yes, we see “lawsuits regarding overprescription of addictive pharmaceutical drugs” yet it is given out by doctors and it is handed out by pharmacies. Yet the New Yorker in 2020 gives us “Purdue Pharma played a “special role” in the opioid crisis because the company “was the first to set out, in the nineteen-nineties, to persuade the American medical establishment that strong opioids should be much more widely prescribed—and that physicians’ longstanding fears about the addictive nature of such drugs were overblown”, I get that and we should understand that, yet in this (at https://www.justice.gov/opa/pr/opioid-manufacturer-purdue-pharma-pleads-guilty-fraud-and-kickback-conspiracies) we also get “Purdue also paid kickbacks to providers to encourage them to prescribe even more of its products”, so who were those providers? Who received these kickbacks? We are not likely to see those are we, we will merely see words like ‘settlement’ and ‘undisclosed parties’, innocence was the first victim to fall, none of the players were innocent. And the government is equally guilty. The NPR (at https://www.npr.org/2020/12/22/949309266/doj-sues-walmart-over-unlawful-distribution-of-controlled-substances) gave us in December 2020 “The Justice Department is suing Walmart. In a civil suit filed today, the Justice Department alleges that the company’s pharmacies and warehouses helped fuel the opioid crisis. Walmart’s pharmacy chain dispensed billions of opioid pills, including OxyContin and other highly addictive medications. And this lawsuit claims that the company broke the law hundreds of thousands of times”, so that took a decade? And when we consider ‘broke the law hundreds of thousands of times’, how come that store is still open? And it is Brian Mann who gives us “according to the DOJ, Walmart did exactly the opposite, filling huge numbers of unsafe and illegal prescriptions, allegedly doing so for years without alerting the government”, and there we have it, the crux of the Lou Grant episode, the evidence that set the caper in motion in 1978, but that is not all, the article also gives us “NPR has been looking into this. And we found that some of the company’s own former pharmacists tried for years to raise the alarm about allegedly illegal activity. Ashwani Sheerin (ph) is a pharmacist who worked for Walmart in rural Michigan. He told NPR he saw real red flags”, not all pharmacists are evil, but we see the stage of revenue pushing, it is greed in action and when we see ‘tried for years to raise the alarm’ we see that the Justice department is not innocent either and the media is not innocent either. A stage where they all love revenue, circulation and ringing the bell loudly was apparently not an option. So whilst we see “had reached an agreement with Purdue that would see its owners, the wealthy Sackler family, pay an additional $50m”, I wonder where Walmart is in this and with them a whole range of pharmacies. Because it was never Walmart alone, not with an annual 14,000,000 prescriptions.

Solution
There might not be one, but us all recognising that Justice reacted well over a decade too late, that is as I personally see it, the FDA dropped the ball, likely more than once, especially as this has been going on for years, optionally well over a decade. And it is Attorney General Letitia James with “prevent any future devastation” who has the ball now, I wonder if she drops it, or hands it over to someone else, as NPR gives us pointing the finger at Walmart, but they are not alone and the records of the FDA are also in question. When I look into ‘Federal Regulations for Clinical Investigators’, I wonder if it helps investigations, or slows them down.
You see Oxycontin is a schedule 8 drug and we get “Doctors must follow state and territory laws when prescribing oxycodone and must notify, or receive approval from, the appropriate health authority”, you see this matters as pharmacies need a doctors prescription, so which doctors were behind the 14,000,000 annual prescriptions? 

So there you have it, I made no claim that the Sackler family was innocent, they are not, but they are not the demons we see them to be, this is a much larger problem and it was left unchecked for well over a decade, or there was at the very least a decade of inaction and too many filled their pockets and yes the Sackler benefitted, but they were not alone, Walmart was part, but there too they were not alone and the doctors who prescribed these pills, what is their price for a prescription? As I personally see it, the law enabled greed to continue for too long, the law and greed enabled each other, and the end is still not in sight, no matter what Attorney General Letitia James and in this she is not alone either, doesn’t San Francisco, Los Angeles, Chicago, Boston and Philadelphia not have any Attorney Generals? Where were they in the 2000-2021?

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Paranoid

OK, I admit it, I am calling myself paranoid (at present). You see, I have been looking at the news (nearly all news in Europe) and there is seemingly a low creation of rumbles going on. The strongest two are the Netherlands and the UK. The issue is not easy to explain, but I will. Corporations are in a frantic level of actions, Brexit has scared them and the unfolding of the EU is basically becoming reality. In a corporatocracy, that is a scary realisation, but they have an alternative. You see, the balance of the EU is not the nations, it is the two most powerful ones that set this tone. The difference is seemingly small but essential. Any nation can govern by the needs of its corporations, yet a monarchy has the responsibility to take ALL its citizens into account, a lot of issues would not exist if these monarchies did not exist. So the need of corporations is to destabilize and overthrow monarchies. In the end overthrown they might take their value and business interests, and those corporations do not care, they can tighten the screws and focus on the 80% that is consumer, not the 100% that is population. We have seen these acts in the US for the longest time in the Walmart family, not the strongest example, but the most visible one. They have spent well over $4,500,000 this year alone on lobbyists. Firms like the Alpine group, Capitol counsel, Cove Strategies, Ferox Strategies, Mehlman, Castagnetti et al and several more to represent their needs in political Washington. Let’s be clear, they are not breaking any laws, they committed no crimes, the Walton family merely uses the tools available to them to set the premise as powerful as possible towards THEIR needs. This is where the issue become a problem, as a republic driven political might adheres to the needs of a corporation, the people lose. In this the Walton family grows its wealth by a little over $100 million a day, some sources indicate that their total wealth grew by over 20% last year alone. That family has a wealth that puts the wealth of Bill Gates (Software Man), Jeff Bezos (the Amazon Boy) and Warren Buffett (Mr. Investment calling himself the Philanthropist Man) and their wealth combined to shame. That is the impact of a corporatocracy, when the companies rule a nation, their needs are set as the number one, followed by actual consumers and enablers as a second.

Poverty in the US might be the lowest in the last decade, but it is still set to 11.8%, in the Netherlands it is a little below 5%, that is not because the Netherlands is so rich, or their situation is so much better, it is because a monarchy looks at the needs of all its citizens (the rich, the poor the enablers and the non-enablers). So when I see ‘Money is the Achilles heel of a monarchy‘ (at https://www.nu.nl/economie/5991045/de-kosten-van-het-koningshuis-geld-is-de-achilleshiel-van-de-monarchie.html) with mention of Alles samen kost het koningshuis daarmee op papier in 2019 bijna 36 miljoen euro” (All together, the cost for the monarchy are set on paper to be around 36 million Euro). Now in opposition I will throw that Robeco paid a new CEO €30,000,000 annually around a decade ago, so it seems a little farfetched to look at the cost of royalty, and we need to consider that a monarchy comes with cost, it is in part also the cost we pay to keep all citizens safe, in other settings this tends to be the consumers and rich people. 

The second large monarchy is the British one, even as we have a lot more to look at, I will not, yet I will highlight that the attacks on Prince Andrew were more than attacks. It was the need of media to get circulation and in the UK that sells, it is money. OK, I will admit that HRH Prince Andrew received some real bad advice from direction he was listening to, yet beyond that the man is under constant (and not just him in that family) attack, even today I find well over a quarter of a million articles (not just from the UK) with headlines like ‘Who’s your Prince Andrew? Ten signs one of your employees is deadwood‘ (Source: Smart Company, Australia). Titles like ‘surplus prince‘ and statements like “The total number of people in the world who believe his side of this super-creepy story is one. You’d ground your small kid for telling tales like: “I didn’t sweat at the time because I had suffered what I would describe as an overdose of adrenaline in the Falklands War, when I was shot at … it was almost impossible for me to sweat.”“, from my point of view, the royal family is under non-stop attack by the media and haters. In the UK we see optionally one part that is an issue, their Monarchy is a lot larger, yet so is their population, yet the UK is a monarchy, both the Netherlands and the UK would not have made it to the place they are now if they were a republic, that much is almost certain. Europe has other monarchies, There is Denmark, Monaco, Luxembourg, Sweden, Norway, Denmark, Spain and the small ones Andorra and Liechtenstein. Norway is not part of the EU, yet they are so close to the Danish and Swedish families that they are part of the problem for corporations. Yet for corporations the Netherlands and the UK are the largest problems, they have strong political ties, they have well organised systems and they both have the ability to limit the actions of most corporations. 

Now, just to be clear, we see the cost of royalty (especially the Dutch one) almost every year (the Dutch are cheap as), yet the underlying story is still within me, there has been a larger attack on royalty in Europe and I personally believe that corporations are fuelling it through their links in the media. The attacks are subtle and for some reason two links I saw earlier this week are no nowhere to be found, the right to be forgotten is seemingly used to a wider degree (my speculation). More important, I believe that the Brexit delivery from Boris Johnson will open up a lot more than just the Brexit, at that point these corporations in denial realise that the overall force of greed will end in 2-3 years and when Brexit is complete there will be a larger need in the EU breaking it up faster. When we see ‘EU ministers opt to continue overfishing, despite 2020 deadline‘, we see more, we see a larger need towards greed and as we read “ministers ignored science and fought bitterly for their own vested interests” we see some of the signs that the EU has ended, the fact that they knowingly, willingly and intentionally ignored “By 2020, all quotas were meant to be based on a maximum sustainable yield – the most fish that can be caught without damaging the ability of the species to recover itself” should be regarded as evidence, I personally stand by my original thought, merely end the lives ot 94% of the global population and the problem is solved (that did not take long did it?) The issue is larger and more complex ad as such my thoughts towards the monarchies can be seen as paranoia. The two nations (UK and Dutch) have all kinds of interactions and even as the attacks on Prince Andrew are actual attacks, they are often done by circulation desperate media, which is still a corporation, but it would be a twisted example. Perhaps I am paranoid, but I feel that there is a larger attack on EU monarchies, I will let you look at the evidence in your own newspapers and tally the articles that are an example. Oh and I am not dismissing the fact that there are other driving factors either, that was shown by the NL Times last April (at https://nltimes.nl/2019/04/15/dutch-royals-less-popular-among-young-people-study). Here we see: “Support for the Dutch monarchy among young people fell sharply over the past years. In 2007, 70 percent of Dutch between the ages of 18 and 34 were enthusiastic about the Royal Family, last year it was only 55 percent, according to surveys by Ipsos commissioned by NOS“, I wonder how the percentages fall when we tae that number and set it in two groups, 17-26 and 27-34. You see until 25 you have no need to take things into consideration (like retirement), after 25 you do and that is when people get to realise that a Monarchy is a larger economic umbrella than a republic is. Yet they also illuminate the other side “support for a republic with an elected president is not increasing much. In 2007, 14 percent of respondents supported the idea of such a government, last year it was 15 percent, according to the surveys“, I reckon that the people realise that their cushy life is over when it becomes a republic, but the Netherlands and the UK are too large spoils of war for the large corporations and it is my personal believe that they will not give up on rich grounds of that nature, the breaking of the EU will force them in that direction soon enough, in that regard I have absolutely no doubt, greed remains an eternal journey.

 

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Capone Syndrome

There is a larger concern in the US today (yesterday too). I have always lived by the premise that guns do not kill people, people kill people. I still live by that believe today, even as people all over the planet cry that guns are the problem. In the UK we see: “There were 726 homicides in the year ending March 2018, 20 more (3% increase) than in the previous year“, which is fine, you can a person with a knife as terminally concrete as a gun can, you merely have to move up close and personal to do so.

Yet that does not explain the American numbers and I accept that. When we consider ‘17,284 reported cases of murder or non-negligent manslaughter in the United States‘ we see that there is a much larger problem in play. Yet there is also the stage that the numbers have declined by 30% since 1991 (24,700 murders at that point). Yet that would be the facts if we take the word of Statista; it is the New York Times who gives us “There were 39,773 gun deaths in 2017, up by more than 1,000 from the year before. Nearly two-thirds were suicides“, which is an entirely different dish to serve. The article (at https://www.nytimes.com/2018/12/18/us/gun-deaths.html) becomes debatable when we see the information they do give us with ‘Nearly two-thirds were suicides‘, so there is an issue, and even as we want to blame guns, these people would have equally gone for pills and optionally tapping the vein with a sharp knife.

So when we see: “In 2017, about 60 percent of gun deaths were suicides, while about 37 percent were homicides, according to an analysis of the C.D.C.” we need to take a larger look at the issue. When we see the numbers, which I accept is disproportionate to most other nations, we need to see that the US has a much larger issue and firearms are not the cause, the economy is. We see part of that reported by the World Economic Forum (at https://www.weforum.org/agenda/2019/05/the-global-suicide-rate-is-growing-what-can-we-do/). Here we see: “Overall mortality, particularly in the middle years, is increasing as a result of the so-called “deaths of despair” due to suicide, alcohol, opioids, and liver disease. Although 94% of American adults believe mental health is equally as important as physical health, most do not know how to identify changes in mental health that signal serious risk, nor what to do in response“, I believe that this is part of the answer, but not the larger impact. Some have taken this path and it can be directly linked to isolation and the lack of quality of life. Yet it will not stop with the US, there is every indication that these waves will hit the Commonwealth (UK and Australia) as well, In Australia we saw in 2018 ‘Australia’s suicide rate is now at 12.6 deaths per 100,000 people‘, whilst it was reported to be 5.7 in 2016 down from 6.6 in 2007, to see that the numbers have well over doubled in 10 years is a large issue and the limelight on this has been switched off.

The reduced quality of life is a larger issue in the US is that the people that are living in poverty is 13.5% (43 million), which is astounding as the unemployment rate is set to 3.7%, so we have a stage where people with a job are still below the poverty line and they are not alone, the UK is pushing into a similar stage. As the BBC reported almost 3 weeks ago “Between 1994 and 2017, the proportion of people in working households in relative poverty rose from 13% to 18%, according to the Institute for Fiscal Studies (IFS) – eight million people in 2017” (at https://www.bbc.com/news/uk-42223497) we see a shift and the governments are not pushing to improve that setting, more important Australia is pushing in that same direction, yet they make matters worse by remaining in denial of social housing and age discrimination.

This now moves back to the beginning, We see the Capone Syndrome, Alphonse Gabriel Capone was boss of the Chicago Outfit and cause for the deaths of a large uncounted amount of people. In addition to that we must give voice that he donated large amounts of cash and was the force behind the charity that served up three hot meals a day to thousands of the unemployed—no questions asked. In all this he was never convicted of charities, not for murders and not for ‘criminal’ activities, the FBI got him on Tax evasion. Here we see the Syndrome, we blame guns, but other issues are the driving force that is causing all this. Whether the latest two are through mental health or economy driven reasons remain to be seen. However, as long as the people keep on screaming gun laws in a nation where hundreds of millions of guns are in open circulation there is a larger option that will not be tended to.

One of these problems is the Bureau of Alcohol, Tobacco, Firearms and Explosives. It lacks leadership and at least 3 presidents are cause if this. With a budget of $1.274 billion, with a little over 5000 staff, the ATF has a massive problem. The larger failure known as Project Gunrunner (2010), as well as the dismissal of ATF special agent Vince Cefalu in 2011 with 24 years of experience is showing to be a much larger issue than the media is giving you. The top brass are an Acting Director, and Acting Deputy Director, no official named and permanent elected (read: placed) director and deputy director have been set for the longest time, so there is a large absence of long term plans and that lack has been an issue for a much longer time. In all this the oversight of second hand firearms has been lacking like almost forever. Even as gun laws are adjusted, second hand merchandise will freely move and as such there will be no improved situation.

If these people who are crying and shouting ‘Gun Control‘ actually wanted any of that, then the ATF would get the needed budget of $3.8 billion, they are trying to get done what they can with a 30% budget, in addition, to properly overhaul second hand firearms an additional 1500 agents would be needed. Yet the power players are not willing to touch this economy. The National Shooting Sports Foundation reported that their group paid $6.82 billion in taxes (including property, income and sales taxes), the government does not want to touch it.

We need to accept an understand that this problem is a lot larger and the fact that everyone is looking at a busy crossroad and they are actually only looking and focusing on that one traffic sign called ‘amendment 2’, how is that ever going to fix anything? You can add a maximum speed of 15 bullets per minute to that crossroads, yet when we consider that the roads themselves are part of the problem, an actual large part, whatever you claim to fix, will not fix anything at all, not until you fix the road, the current signs will have a negligible impact.

Now when we look at the El Paso event at Walmart, we see the accused Patrick Crusius and the fact that he killed 20 people and wounded more than that. We see the mention of some ‘manifesto’ implies a larger issue. It could be a hate crime, yet we still need to learn what set him off. The fact that the person was taken into custody (with little to no force according to the Guardian) implies that this person seeks the limelight, which could give a larger rise to a mental health issue, but time needs to tell us that. In Dayton, Ohio we have another setting. Here a man killed his sister and 8 others. Here the shooter did not survive, something clearly set him off, yet what is unknown at present. Here the Washington Post gives us: “The guns had been legally purchased, police said, and there was nothing in Connor Betts adult criminal background that would have raised concerns“, we could argue that gun control might have been some impact, the issue with millions of guns on the open second hand market, there would have been little to slow this person down. So as we learn that ‘Connor Betts never seemed interested in extreme ideologies, nor did he seem racist‘, we see one optional extremist with racism tendencies and one not, and when we realise that we need to consider that the issue is a lot larger and we need to properly address this issue. Yet screaming ‘gun control laws’ all whilst the ATF is not able to do a proper job now implies that the US is currently heading towards a much larger issue soon enough.

By the way, the fact that the ATF issues have been known for the longest time and the last time it was addressed was on May 19th by David Thornton in an article and not after that, optionally even less before that, does that not warrant questions on several levels?

I reckon that the ATF is not a sexy enough topic for the media, but cadavers certainly are. So when we fix that part, we might begin to fix the mass shooting issues at some point in the future and do not forget that the absence of a permanent director has been an issue since before the Obama Administration, he too never addressed it, which after the Newtown shooting should warrant a question or two as well.

This is not about the NRA, this is not about the NSSF and this is not about guns, this is about policy and how to properly go about it, as I personally see it, until there is a clear mandate and a clear path that includes the ATF, we are unlikely see clear resolutions for years to come.

 

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The additional word Analytica

When we hear ‘Cambridge’, we consider a place of reverence. Cambridge, a place where science is academically pushed to new borders! It has been around for 733 years. In that time we saw Lord Byron working on Satires and poems. In 1812 Charles Babbage started the design of a calculating machine, he never finished it, but his work would later herald the modern computer. In 1903 Bertrand Russell publishes ‘Principles of Mathematics’ and ends up with being part of the ‘Principia Mathematica’ it takes people a decades to comprehend the genius and he ends up with a Nobel price. Other members will get similar laurels for working on the electron, X-ray diffraction, someone proves that vitamins are real and the atom gets split. there was Professor Stephen Hawking, who did have a sense of comedy (according to many sources), not very mobile, yet ends up giving us academic work on Black holes, the big bang theory (not the comedy) and gives us the a founding realisation on the origin of the universe and only recently do they were able to identify gene causing diabetes and high blood pressure. So we should see it as a place of academic goodness. Yet when you take ‘Cambridge’ and you add ‘Analytica’ you get a synonym for ‘Despicable Sewage‘.

So as we are treated just over an hour ago to ‘Facebook’s Mark Zuckerberg finally addresses Cambridge Analytica scandal‘ (at https://www.theguardian.com/technology/2018/mar/21/mark-zuckerberg-response-facebook-cambridge-analytica) we can clearly see that things are escalating as Mr Zuckerberg himself is taken off the moth balls to remedy the situation. So when I see his response ‘we made mistakes‘, my initial response is ‘You think?

When we are treated to “The Facebook CEO broke his five-day silence on the scandal that has enveloped his company this week in a Facebook post acknowledging that the policies that allowed the misuse of data were “a breach of trust between Facebook and the people who share their data with us and expect us to protect it”” my initial worry is that he does not comprehend the scale of the issue. It is not merely the misuse of data, basically personal data of 50 million people, a lot of data on these people is now out in the open. When you have the data of 14% of your population you have the means to forecast, the options to set the marketing push on a national level. That amount of data would allow places like Walmart to set the need to satisfy 90% of the population need and cut out the loss making products overnight. You see, when you take the concept of a good article, a average article and a bad article, we often get all the good articles and a chunk of average articles. This is the risk the business has, they all have it and we can predict this to some extent. Now we get more data and now with that data we see a group of people that are classified for a certain category as ‘Not caring’, they have no interest at all. Knowing this allows for the setting of a ‘true view’ on the articles so we get a sharper view, we take the population, we take out the non-carers of that product, and suddenly we end up with a list of the products that are all classified as good.

Now how does that work?

You see, sometimes we are driven by internal motives, motives we do not tell Walmart, but we might tell others on social media. Now consider for example that a Catholic will never buy a certain brand. A naturist will never buy certain chemicals and a tech-lover will never buy certain brands. There are dozens of these indicators and Walmart, if they had that data can now see a pattern, even if they only have the 14% view, the pattern once seen can lead to a national view. As a wild example I give you: ‘A Catholic techie will always buy a Manfrotto camera stand‘. So now we have a specific product that would do really well in Rhode Island, Connecticut and Massachusetts. So not only can it decide to dump the inferior camera stands in those places, it could essentially also raise the Manfrotto price by $2, so less overhead and better profits. This is merely an example, but the pattern is clear and as places like Walmart have such data they can now directly target their audience and streamline what they carry per location. So not only do they get a better business setting, by marketing directly to certain groups they get a much better result on the same marketing cost. So their marketing costs remained the same whilst getting up to a speculated 30% of better results.

This is a given setting in analytics (and Market Research). It has existed for decades and Mark Zuckerberg is a clever boy, so he knew this. The setting as shown in the Guardian is debatable at this point. You see, debatable because Mark Zuckerberg knows the value of data, there is no way that he does not know that. So the last thing he wanted to do was hand out data, lose control of the treasury. He lost control as the data is out there now, and as the source has been shared for what I believe to be at least three times over, that data is now no longer containable. That can now be seen as a direct loss for Facebook.

In equal measure we need to look at “We know that this was a major violation of peoples’ trust, and I deeply regret that we didn’t do enough to deal with it”, a quote that came from Sheryl Sandberg. You see, I think that the matter is more serious and more dangerous. We see that when we realise that ‘we didn’t do enough to deal with it‘, there is a data quality loss, a data containment loss and a lack of technological oversight. This is not a new given and even as Cambridge Analytica took it to a much larger setting, they were not alone. I myself almost tried a game once, yet when I saw it wanted my ‘religious preference‘ I decided to have an issue with a game firm that is concerned with my religion. I don’t have any, but that had absolutely no bearing on the game. That made me suspicious and I decided not to install the game. There has been a flaw for the longest of times. That flaw goes all the way back to Zynga’s Farmville. When they started to demanded ‘gifts from friends‘ to progress to some extent in the game, it was not a novel thing (well it was), it was a marketing setting that either you pay for the next item (with buyable currency), or you get your friends to play the game and give it to you, so we saw groups of people all linking, whilst their only link was the social setting of one game and Zynga ended up with the data (to some extent). That requirement is not what I see as ‘social growth’, it is in its foundation a dangerous place because it allows paedophiles access to younger players, it allows white supremacists to hide in a social flock whilst the others in the flock had no idea that the herd is not just made up from sheep, it also contains wolves and other undesirables. The problem is that as long as nothing happened no-one would care and that has been a dangerous game to play. Facebook loved the concept because it grew communities beyond their wildest dreams, but it also gave us groups where we still needed to be careful what data got out, yet the people at large are not careful with their social data. That has been seen since 2011 as Prostitutes were found by several media publications to use Facebook as a customer recruitment system. Now, I don’t care what these ladies do, yet as we have seen that recruiters and HR are using Facebook more and more to ‘judge’ potential employees (and one should never talk to a ‘lady of the night’ in social circles), we see that Facebook has become a monster of abuse and that monster is valued for data, so as more and more data is added, more and more people end up getting wrongfully tainted in a colour that was never them.

So when we see “The CEO also pledged to investigate and audit apps that accessed large amounts of data from Facebook users prior to changes in its platform in 2014, and said that it will inform users if their personally identifiable information was misused by app developers“, we need to realise that the foundation of Facebook apps is a much larger problem, it is not merely about the data they can access, it is the issue we see when the app data itself is open to mining. You see it is not merely “Facebook will investigate all apps that have access to large data and ban developers that misuse identifiable information“, how about apps that merely collect a small amount of data. Now consider that they link the use of apps (like for example Farmville, the Pioneer trail and Cafe World). Now let’s be clear, I am not accusing Zynga of doing anything wrong or illegal. But those three apps allow for ‘free’ currency, when you hit a target in the other game, people start to get very motivated to play 3+ games from the same makers, as it allows for that currency that is not usually free. Consider that each app has 5 demographics and perhaps 3-5 additional stats and these three apps all have 3-5 different stats. So as hundreds of thousands are playing all three apps, the developer suddenly ends up with a much larger pool of data than ever before. Now I use Zynga as it also has real-money gambling games. Now consider that they now have more and more markers on people who gamble. It is the wet dream of any Las Vegas entrepreneur to get that much data on their users, a way to classify those who are more likely to spend more on gambling. This was a setting that has been known for a long time and there is no way to tell how far people ended up being pushed into gambling. I have seen and learned that greed is eternal, so in that regard there is all likelihood that Mark Zuckerberg had to be aware to a much larger extent and that the mistakes made were a lot more than ‘excusable’ and it is one that cannot be solved through apologies and better oversight. Because when we cut those developers off from the data, what are the chances that 70% moves elsewhere? Data was the treasure trove and too many have been dipping their toes in the water. The damage is much larger and even as Cambridge Analytica made it visible to the masses, the issue has been there for a lot longer, the question becomes who properly looked at it. Also consider that games like Farmville had well over 60 million users every month, so how much data made it out of Facebook?

I reckon that no one will actually know that part, but the issue is also how this simple given remained off the radar of so many for so long. I wrote about the sharing of data as early 2013, sharing at the same time my thoughts on how all the NSA data issues were merely hypocrite. Well, now that the fence is gone, good luck containing the sheep, because I expect to see a lot more ‘revelations’ over the coming months.

 

 

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