Thursday, 27 July 2017

Trump's Disasterous presidency strides on

The world used to look for leadership, humanity and integrity when it cast an eye on America. However, now look to America we don't. The reason is because America had the most liked, most respected man in the world in ex-president Barak Obama. Now has in power the least liked, least competent and most clown like idiot president in history. He has also proved himself to be racist, infantile and self obsessed.

Currently we hear this dictator has banned transgender persons from the millitary, he trudges on trying to remove Obama care which will remove medical care for millions of people. A new employee to the Trump board of directors is Anthony Scaramucci (communications) has sworn profusely on the record and said he will ensure staff are sacked for leaking who it was had dinner with Trump. He called one individual a paranoid schizophrenic, funny because Scaramucci's behaviour sounds like something a schizophrenic might actually do. Except Scaramucci went further saying he was going to fire all of the communication team. This is someone truly unhinged. Trump's approval rating has dropped lower than any rating any president has held, like an 11 year old pubescent kid he tweets new riddiculous part sentences. For he can't write, read or talk English correctly so it is no wonder he is unable to tweet it either.In defence of the transgender community one article describes Trump as a war dodger who comes from a life of privilege. This seems so true it is something which can not be counter argued. He has never served in the millitary and considering his age he would of been prime meat for a number of wars America has been in. This effectively marks Trump out as a coward as well.

The real question which still hasn't been answered is when will all this end? He is now well beyond embarrasment, when will his own supporters stop supporting him and the light switch on?

Tuesday, 18 July 2017

The supply and demand monopoly of Tomtom

I'm in the market for a satnav and have an eye on the Tomtom Go 5200, it has it's own SIM and automatically updates the maps, current the universal lowest price is £239.99, in fact this price is so universal it is evidence of a supplier and seller monopoly. There is not one everyday advertiser who is selling it lower. It's like they have all got in a room and decided the price for this product will be X and in our decision nobody is to undercut any other supplier. There are no special deals, no discount vouchers and there apparently is no scruples. All of this seems somewhat counter to freemarket economics, counter to capitalism, counter to democracy. So the question is why would every seller of this product be so compliant, why would they stick to one price? Now in my internet searches it doesn't seem to matter how many times I put the search on google, it comes up with the same results. This is the cost of a new product. Stupidly even on ebay where there are the odd private seller but also many commercial sellers the price for this Tomtom is even higher. The trail is therefore a purposeful red herring to make the very niave amongst us believe there is price variation. The reality is there isn't.

On one review of the tomtom go 5200 on Amazon, I read this was bought when it first hit the shelves at the knock down price of £185, which is bloody remarkable. A couple of weeks ago when I was checking out the price of this satnav it was uniformly £248, a somewhat odd amount, but I swear it was. It was a surprise then to find it had dropped. So now given time maybe it will reduce in price again. The question is how much time does it need before the sellers and the suplier get in a dank dark room, with cigarette if not cigar smoke suspended mid air like a blanket of thick for and agree the price will drop again. Alternatively given we are in the 21st century it might be an email sent out by Mr Big who dictates the next price fluctuation. Just perhaps the price will increase because of some comment about the valuation of precious metals used in making the product going up. Yes Zenon 321 used in the soldering and adherence of printed Tomtom circuitry has doubled, and although only a small amount is used it will mean the price has hiked by a tenner. I wouldn't put it past Mr Big, who actually might be a woman and of small stature and doesn't smoke but is addicted to the gym. In which case lets say Mrs Small. Unless she's unmarried and then she's Miss Small. She can say for sure although she countrols the price on a whim she has never gotten lost. Great, fine for Miss Small but it doesn't help me out at all.

Therefore this can only mean Tomtom are dictating the price and they have put an embargo on their suppliers to ensure nobody is undercut. Tomtom is just sitting there screwing their potential and actual customers over.Which gives us all good reason not to trust the seller and supplier, yet in doing so does this mean we can't trust the product either? Well there are other satnavs on the market so perhaps Tomtom wont be seeing my money as part of their next profits report.

Sunday, 9 July 2017

The Tory disaster and Europes hole of debt

The Tories are on the edge of a fine precipice, but this disaster will not only hit the Tory party in a case of no confidence it will decimate the country. Teresa May is also on the edge of resigning, She has lost the respect of her MPs, the voters and Europe. If you stand still for one moment the sound of ticking can be heard, it is the inevitable tick of May's death clock getting closer and closer.

When Labour were kicked out in 2010 Liam Byrne the ex-Treasurey secretary left a message stating there was no money in the kitty. It was the beginning of a snowball effect on debt and deficit which are two different aspects meaning current borrowing and total oustanding. To tackle such a thing out of the box thinking would be needed, but of all political parties it could never be from the Tories. Greed is what they are known for, greed for rich people and increased poverty for the poor. So their 7 years of government has now seen the British debt increase from 500 billion to 1.4 trillion. However,  the recession has hit all of Europe there are only three countires which are not in a debt situation, Iceland, Litchenstein and Germany. Yet the Tories insisted on blaming Labour for a recession which went global, it wasn't Labour's fault this was another false fact. To consider this is disasterous would be to undermine the seriousness of how tragic it is.

What is the debt of other EU countries? This is a good question because it puts into perspective how we are dealing with our own debt. For example has austerity actually actually made things worse? I ask this because sometimes you have to spend a little in order to get something back, we all hate doing it but it is one of those facts. Overtime the benefit may actually be much larger than the initial spend, however this notion is something the Tories don't understand, unless it happens to relate to bung money.

Country                    Debt                % of GDP
United Kingdom     £1.8 trillion        89.1
Spain                      e 1.6 trillion        99.8
France                     e 2.2 trillion       96.2 (2015)
Greece                    e 3.3 trillion        177.4 (2015)
Italy                        e 2.2 trillion        132.3 (2015)
Portugal                  e 2.3 trillion        129 (2015)
Poland                    e 2.1 trillion        51.1 (2015)
Czech Rep              e 67 billion         40.3 (215)

Poland is the largest net gainer from the EU, receiving approximately e 8.5 billion, the UK loses out by being a member of the EU and this is about £8 billion. The Czech Republic gains e 2 billion a year from being a member of the EU but from this table is clearly one of the more stable countries financially, just as Poland is. The UK's contribution to the EU is significant and in the top grouping of EU countries. Maybe the Euro experiment is about to bust, there are no figures here for population numbers and employment which would be interesting to see. The perspective is debt though in whichever direction viewed. It also asks the question of when will there be a re-evaluation of the euro and the pound sterling? At this point the opinion of a couple dozen economists would be interesting, for just like politicians they are known not to agree on a great deal, however, surely looking at the debt hole we're all pretty well fecked for the future. Someone is going to have to pay the banker back at some point.

Why will May leave?  Perhaps it will be the continuous and unrelenting pressure from the results of a poor and weak government, one she inherited from the self interested, Osborne and Cameron to name but two. Maybe because there is no response when the facts come home to roost. Such as cutting police officers by 20,000, prison wardens by 7,000 and tax collectors by 10,000. The one thing Thatcher always did was ensure she had a strong police force on her side, mind she needed it. Where as T2 as she is known, is actually nothing of the likes of Thatcher. Thank feck to. Alternatively could it be the unscheduled calling of an election which moved the Tories from just about stable to weak and wobbly shored up by a racist, homophobic right wing DUP party. Put it this way, I'm sure May didn't invite any of her new 10 supporters to the gay pride parade, but she did give them a bung of at least 100 million each. As the saying goes, keep your friends close and your paid allies even closer. Another reason May could go is if there is a sufficient challenge to her leadership, however this is probably the least likely thing to happen. Being a Tory and being prime minister is a poison challice, and this is it, I've stumbled onto the most likely of all reasons. Each morning with her soldiers and boiled egg she takes a sip from the challice of deceit, failure and debt. It's pulling her down she just can't keep taking sips and she's got to give up the ghost. Fingers crossed.