Apr 112016
 

Let’s be honest – we know that many of the rich were stashing piles of loot into offshore banks before the Panama Papers leaked, and we know that many of the rich are stashing piles of loot into offshore banks after the Panama Papers leaked. So what did we really learn?

Names.

Of course none of those names from the UK are guilty of anything – they all had some “good” reason to have an offshore bank account or company. Varying from needing to get around currency export regulations (that sounds a bit dodgy to me) to buying houses – because of course it is not possible to buy houses in the UK without using an offshore company.

Ninety-five per cent of our work coincidentally consists in selling vehicles to avoid taxes.

Partner of Mossack Fonseca

Hmm … I wonder which statement is more to be trusted – people making public statements that they were not attempting to avoid taxes, or a private statement about their real motives?

There have been suggestions that the ICIJ have been carefully selective about their revelations; specifically to avoid embarrassing “special people”. Well they are right in one sense – the ICIJ is being selective but there is probably no sinister motive involved. They are just digesting 2.6Tbytes of leaked documents which you can be sure takes considerable time to process without undergoing a severe case of digital indigestion.

And of course maximising the impact of the stories to come over possibly months.

As to the source of the data, at this stage it is not clear how the data was leaked. There are several claims :-

  • The company email server was “hacked”. Whilst some of the leaked documents were emails, many were not and whilst some more normal document formats are often found “attached” to emails, database files are very rarely attached to emails. Plus leaking 2.6Tbytes of data from an email server is not entirely stealthy.
  • Various web-based services (WordPress and Drupal have been mentioned) have been claimed to have vulnerabilities which were supposedly used to break in and ex-filtrate the documents. To be honest it seems a bit unlikely that a web-based application would have direct access to all those documents, but perhaps the company didn’t believe in data security (a law firm? with ultra-rich clients including very successful criminals?). Again leaking 2.6Tbytes of data from a web server isn’t exactly the stealthiest of methods.
  • The next method is probably the most boring method. Someone from inside the firm simply drops a backup tape into their jacket on the way out of the building. By far the easiest way of ex-filtrating the data considering the size.

We will probably never know exactly how the data was obtained as the source is doing everything in their power to remain anonymous.

stack-of-coins-p1

Feb 292016
 

So the Euroskeptics want a divorce between us and the EU; or in other words they want to go back to a time when we would protect our interests in Europe by going to war every generation or so. Which is a far more expensive proposition than EU membership fees, and far riskier.

Because the continent has always been there. And throughout history we have had to keep an eye on what the rest of Europe is up to, and intervene whenever France, Spain, Denmark, Sweden, or Germany has been involved in actions that interfere with our interests. Being part of a club that can discuss contentious issues and tell a member to stop behaving badly is far preferable than the old way of doing things. And yes that involves giving up a bit of sovereignty.

When you come down to it, that little loss of sovereignty hurts the politicians more than the rest of us, and the rest of us are more likely to be the ones killed off in European wars.

Does it seem a little far fetched that leaving the EU will cause the return of European wars? Perhaps, but one of the reasons it seems far-fetched is that we do have an EU where we can go and argue. Without that safeguard, there is not a great deal to stop the return of the old ways.

Immigration

There is an assumption that leaving the EU will lead to fewer immigrants arriving in the UK.

Perhaps. At least in the long-term assuming we ignore the UN directives on refugees, but in the short-term there is a good chance that immigration will increase.

For a start, all those refugees and economic migrants from outside the EU won’t suddenly stop coming just because we leave the EU. Sure we’ll set up new border guards, but that will take time. And guards don’t stop everyone.

And what incentive does France have to co-operate over that migrant camp outside Calais? None of course; their interests would be best served by giving all the refugees a Eurostar ticket to move the refugee camp to Britain.

And what happens to all those Brits who have set up homes in the EU? Are they going to want to return to Britain? Is the EU going to force them? After all there is no natural right of residence for citizens of former members of the EU. Perhaps you would not count such returnees as “immigrants” but they would have all the same problems – needing a place to stay, and often needing income support.

And most of them would be rather annoyed.

Trade

The “outers” would have us believe that leaving the EU is an opportunity to make trade deals with the rest of the world to more than make up for the trade lost with Europe. Half our trade is with Europe, which in monetary terms is very roughly 230 billion a year.

In other words the “outers” want to put that 230 billion of income at risk in order to gain an unknown amount of trade through new trade agreements.

And what stops us making those trade agreements now anyway?

Regulation and Justice

Of course one of the big weapons the “outers” have is to claim that we would be freed from all that tedious European regulation. Well, perhaps but remember that 230 billion of trade with Europe? The EU isn’t going to let us export stuff to Europe if we don’t follow the EU regulation; it has always been the case that if you want to sell something in a market you have to meet the regulations of that market.

It is one of the reasons why the EU started regulation – to harmonise regulation across Europe so that you could meet one set of EU regulations rather than 28 different sets of national regulations.

And as soon as we get rid of EU regulation, we’re going to start getting British regulation instead. It won’t be a one-for-one replacement of course, but we won’t be losing as much regulation as we think.

There is a whole set of EU regulation that business universally loathes – the EU regulations that protect workers (such as the Working Time Directive). Well I for one think that European protection for workers is valuable; certainly our own government isn’t interested in protecting workers!

As to the European Court of Justice, the politicians are all up in arms about their power to overturn decisions made by parliament. Which must be very irritating for them, but ignore the whole “sovereignty” thing for a moment – don’t you secretly think it’s a good idea to have someone overseeing parliament? After all, it’s not as if politicians are trustworthy, so having some oversight is not a bad idea at all.

And people overlook just how useful the European Court of Justice has been to us – it wasn’t such a long time ago that France was blocking British beef imports on the grounds that British cows used to have this health issue. Of course what they were really doing was protecting French farmers. And the ECJ forced the French government to repeal laws that prevented British beef being imported.

And there are plenty of other examples where the ECJ has been helpful.

Unelected Bureaucrats & Democracy

You will often hear the phrase “unelected bureaucrats” (or even “eurocrats”) in association with the EU. You could almost imagine that politicians are volunteering to do some real work.

In reality government is run by unelected bureaucrats – when a farm inspector visited a farmer and told her that she needed to paint blue numbers on her cows and not red numbers, he would blame the bureaucrats; in the 1940s it was the civil servants in London; today it is the eurocrats in Brussels. It’s just a different flavour of bureaucrat.

And as for the EU being undemocratic, well the EU Parliament is trying it’s hardest to change that. And it’s the heads of national governments who are blocking such reforms. So when a national politician is complaining about undemocratic Europe, she is speaking with a forked tongue (how can you tell if a politician is speaking with a forked tongue? Their mouth is open).

The Edge

Fin

If you hadn’t already guessed by now, I’m in favour of staying within Europe. Sorry I meant staying within the EU. The EU is the future of Europe, and for better or worse we’re part of Europe, so if we want to have our say on the future of Europe, we had better stay within the EU.

 

Dec 102015
 

So Donald Trump wants to ban muslims from entering the US does he?

Perhaps he really is not only a vicious racist but also as gormless as he looks in the photo (apologies for those of a sensitive disposition). There are others who have covered why banning muslims from entering the US is morally wrong, and if you do not understand why that is so, then explaining here is not going to make things any clearer.

But in addition to being morally wrong, it is also dumb in the extreme. There are two important question to ask when looking at a policy …

Is It A Practicable Policy?

No.

Islam is a religion and is not apparent from someone’s appearance. There is no label on their forehead!

So a policy of restricting muslims would be limited to either asking them. Which would lead to a situation where you were excluding muslims who do not lie about their religion, or in other words you are letting in the kind of muslims that you should perhaps be excluding, and excluding the muslims there is no reason for excluding.

Or you could do some sort of racial profiling, which amounts to not excluding muslims, but excluding light-brown skinned people. Again this will exclude the kind of muslims you do not want to exclude, whilst allowing through ones up to no good.

Will It Accomplish The Mission?

It really depends on what is intended by excluding muslims. If it is intended to portray the US as an intolerant country blundering around with incompetent measures that do more to annoy than to protect, them yes it can be said to accomplish the mission.

If however it is intended to make the US safer from terrorists, then no. Terrorists are more interested in accomplishing their own mission than telling the truth, and will go out of their way to avoid being identified is muslims if they think that this will help in their mission.

There is one small category of terrorists that this may protect against – those who are initially ordinary muslims but who later become radicalised whilst in the US. However having said that, the likelihood that this measure will protect against those vulnerable to becoming radicalised is pretty low.

 

 

Nov 282015
 

Waking up this morning, I find news of a terrorist incident in the US; except that it was not called a terrorist incident. It was announced as a mass shooting at a Planned Parenthood clinic. For those who are not aware, in the US, Planned Parenthood clinics sometimes perform abortions.

There are those who protest about the abortions using methods up to and including murder. And whilst leaping to conclusions is not something to be encouraged, this incident has all the hallmarks of being a "pro-life" terrorist killing.

(Image from the Casper Star Tribune)

Given that the media is quite happy to label as terrorist incidents other killings, what is special about this incident?

Perhaps it has something to do with who the perpetrators are – they are not wild-eyed revolutionaries, nor are they islamic fanatics; they are christian fanatics. And it seems that christian terrorists get the benefit of the media not labelling their outrages as terrorism. Why?

And look at some of the twitter spew :-

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PkqDdJC

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Nov 262015
 

To bomb or not to bomb. That is the overly simplistic question.

Daesh or ISIS or ISIL, or just that gang of murderous thugs are an odious bunch who deserve to be bombed into oblivion, but will bombing them actually accomplish anything? If I were convinced that bombing would either destroy ISIS (I'll stick with that name) without causing an unacceptable level of innocent victims, or it was part of a well planned and coherant set of policies to defeat ISIS then I would support bombing.

But I'm not convinced. And I don't support bombing.

Bombing has rarely if ever managed to defeat an enemy – bombs didn't stop Britain fighting in WWII, bombs didn't stop Germany fighting in WWII, etc. The example bombing fans always point to is the dropping of the atom bomb on Japan at the end of WWII; I would argue that those bombs didn't by themselves stop Japan from fighting on. 

Bombing has been tried against ISIS before – just look above – does it look like a place that hasn't been bombed? And does ISIS seem like an organisation teetering on the edge of collapse? I'm inclined to agree with those who argue that ISIS is made stronger by bombs because of the propoganda they can make of it. They certainly make a better case than those who just shout "Bomb 'em".

Come up with a reasonable strategy to defeat ISIS with a beginning, middle, and an end, and I'll support it – whether it includes bombing or not. 

We have seen before that the West does not always plan these things very carefully – the second Iraq war was militarily well organised (as far as I'm qualifed to judge), but the aftermath wasn't planned for at all. We need a proper strategy.