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~ Free Thinker.

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Tag Archives: ongoing Privatization of the world

THE BEADY EYE ASK’S: WHERE IS ALL THE ONLINE INTERNET AND GENERAL SURVEILLANCE GOING TO END UP.

13 Monday Aug 2018

Posted by bobdillon33@gmail.com in Big Data., Communication., Evolution, Fourth Industrial Revolution., Humanity., Life., Modern Day Communication., Our Common Values., Privatization, Social Media, Technology, The common good., The essence of our humanity., The Internet., The Obvious., The world to day., Unanswered Questions., What Needs to change in the World, Where's the Global Outrage.

≈ Comments Off on THE BEADY EYE ASK’S: WHERE IS ALL THE ONLINE INTERNET AND GENERAL SURVEILLANCE GOING TO END UP.

Tags

Algorithms trade., Artificial Intelligence., Big Data, ongoing Privatization of the world, Privatization of the World., Social Media, The Future of Mankind, Visions of the future.

 

( A two-minute read)

Online privacy and surveillance are one of the defining issues of our age.

Résultat de recherche d'images pour "pictures of people on mobile phones"

Or is it?

When one looks at deforestation, glacier recession, ocean acidification, plastic suffocation, climate change, Putin, Trump, not to mention the current wars, Brexit, and whether China will rule the world perhaps it is only a drop in the ocean of problems we have.

In the proverbial fog of technology, most of us it seems could not care less.

Who cares if some agency is reading our emails, on the other hand, we would be pretty naive to think that intelligence agencies would not jump at the chance to read the world’s emails.

Countries have and will always spy on each other.

You would also be blinkered to think those big multinationals don’t do the same thing.

Given the choice of making money and doing the right thing, listed companies are bound to make money.

IT IS NOT POSSIBLE TO PROJECT OUR LIBERAL WISH LIST ON ANY OF THESE TITANS OF CAPITALISM.

WE ARE THE PRODUCT BEING SOLD.

The fact is that we can do virtually nothing about any of this, except live off -grid which will probably make your data more valuable.

WHERE DOES THIS LEAVE THE EU GENERAL DATA PROTECTION REGULATIONS?

IF YOU ASK ME THEY WILL NOT MADE A FIDDLERS DIFFERENCE TO ANY OF US.

DATA IS BEING COLLECTED WILLY NILLY INSIDE THE EU AND OUTSIDE.

How can anyone complain or sue about violations of the new rules when they are totally incomprehensible to the ordinary punter.

SINCE THEIR ARRIVAL WE NOW HAVE CORPORATIONS ON THE WEB ASKING US TO READ VOLUMES OF AMENDED PRIVACY POLICY.

BUT HAS IT CHANGED ANYTHING.

NO.  OUR BASIC DATA IS MORE VALUABLE THAN OUR PRIVATE LIVES.

Maybe we should stop blindly trusting algorithms that are exploiting us.

The conversations we’re now having will form the foundations of the future and the owners of this data will have the knowledge makes us all short on knowledge, and rest assured that knowledge is not the same as information.

All human comments appreciated. All like clicks chucked in the bin.

 

 

 

 

 

 

 

 

 

 

 

 

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THE BEADY EYE SAY’S: THE WORLD IS SICK, SICK AND GETTING SICKER.

12 Thursday Apr 2018

Posted by bobdillon33@gmail.com in 2018: The Year of Disconnection., Algorithms., Big Data., Communication., Democracy, Fourth Industrial Revolution., Google it., Google Knowledge., Humanity., Modern Day Communication., Modern Day Democracy., Modern day life., Our Common Values., Post - truth politics., Social Media, Sustaniability, Technology, The common good., The essence of our humanity., The Future, The Obvious., The world to day., Unanswered Questions., What Needs to change in the World, Where's the Global Outrage.

≈ Comments Off on THE BEADY EYE SAY’S: THE WORLD IS SICK, SICK AND GETTING SICKER.

Tags

2018: The Year of Disconnection., Artificial Intelligence., Capitalism and Greed, Inequility, ongoing Privatization of the world, SMART PHONE WORLD, Technology, The future effect of the Internet, The Future of Mankind, The Internet., The Lethargy of our Political leaders, The World, Visions of the future.

 

 

( A two-minute read)

When we look at the world it is important to recognize that we are looking at the history of different civilizations, however, we all have a common story.

We are born and we die.Free art print of Unfortunate Future of The World

Today the story is the same but with more mobility in-between, however, we’ve not changed a dot and it is certain that we will go on making things that will change or existence.

With to days technology, we are on the threshold of not just a new Industrial revolution but changing how we exist and where we exist.

The outline of a mobile phone as we know has changed not just rural Africa and Asia – putting communities in touch, giving access to information and money it is now also creating Social media platforms which are in the process of disconnecting us from reality.

This week Facebook, Google, and Twitter appeared in front of Congress. After which it is obvious, that we are not asking the right questions yet, or we have not found any good answers just yet as to why our world is getting sicker and sicker and it’s not Einstine science as to why.

When it comes to the world we can not cure just one aspect of the sickness, we must address an array of inherited illness.

Our new technological world is removing the need to think, to read, to imagine, to function, to communicate, to earn respect, to know why is true or a false pleasure, to plan long-term.

In other words, the internet has been infected by the problems that we all suffer.

What is need is that we need to take our existence back, whether it be as consumers, as citizens, and say we actually want to have some say over how all of this technology works, because we’ve really given that over to the tech companies ( outside of China, for the rest of the world, there are five big tech companies who really run everything) that have little or no ethical interest in other than profit

Why?

Because before we become the product for internet service providers, no longer just customers. we need a social movement around this issues to stop us all being run by the same algorithms brains driven by different programs that are incapable of acting for the common good.

Greed, inequality, you name it, our political affiliation, based upon the top-level domain information of websites you visit, your sexual orientation, where you like to shop, your financial status, race, gender can now be figured out based on the information that they collect and use.

If we didn’t have the bullshit movies, TV shows and sports pumping fake feel-good emotions into our systems, we would all feel the great weight of our inaction in an era where we need to get off our fucking asses and take a stand.

All the world’s problems are not on the internet.

We’re not supposed to watch a screen that pumps fake feel-good emotions into us.

It is quite plausible in the not so distant future we will have nothing serious to contribute when the hype – intelligent software supersedes humanity with genomics, nanotechnology, and robotics. New computer chips specialized for AI will power how we engineer genes, proteins, materials. Quantum computing a million times quicker than present-day computers will change the fields of drug development, manufacturing, and material science.

It will all be very murky but the potential is truly staggering.

Its now or never that we harness all this technology for if a day comes that the final decision is left to a Robotic brain rest assured that, Hal 9000 VS Dave will come true. 

https://youtu.be/HwBmPiOmEGQRésultat de recherche d'images pour "pictures of sick earth"

All human comments appreciated. All like clicks chucked in the bin.

 

 

 

 

 

 

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THE BEADY EYE SAYS: COMPUTER ALGORITHMS THAT ARE FILTERING CONTENT ARE STARTING TO ISOLATE US FROM ONE ANOTHER. 

30 Sunday Apr 2017

Posted by bobdillon33@gmail.com in Artificial Intelligence., Big Data., Facebook, Google Knowledge., Humanity., Privatization, Social Media., Technology, The Future, The Internet., The Obvious., The world to day., Twitter, Unanswered Questions., What Needs to change in the World, Where's the Global Outrage.

≈ Comments Off on THE BEADY EYE SAYS: COMPUTER ALGORITHMS THAT ARE FILTERING CONTENT ARE STARTING TO ISOLATE US FROM ONE ANOTHER. 

Tags

Artificial Intelligence., Big Data, ongoing Privatization of the world, Privatization, Privatization of the World., SMART PHONE WORLD, Technology, The Future of Mankind

 

( A five-minute read)

We all know or at least we should all be aware that our world is becoming less and less transparent thanks to what we call Artificial Intelligence.

Résultat de recherche d'images pour "pictures of cloud computing"

The challenge there is:

The false promise of the Internet was that it can connect people from different backgrounds, with different beliefs and across disparate locations.

The trend toward personalization by AI is impeding the fulfillment of that promise?

What is becoming more and more apparent is that while most personalization on the web is algorithmically driven, aren’t we implicitly, informing the algorithms based on the choices we’ve previously made interacting with content?

Couldn’t you then, in theory, manipulate the filter so you see what you want to see or are there too many factors beyond our control?

Consider:

Even if you’re completely logged out of Google, on a new computer, the company can track 57 signals about you — from what kind of laptop you’re using to what your IP address is to what the font size in your browser is. Already, that gives a lot of important clues about age, income and demographics.

It’s ironic — the promise of personalization is that it gives us our own personal view of the world.

But the challenge is that a lot of the time, it’s actually pushing us toward a stereotyped, simplified version of ourselves: “This person is male, so we’ll show him more gadget and car news.”

So let me ask you.

Many of the major social, discovery and media sites on the Internet now implement some type of personalization. Do you feel these sites have a responsibility to educate consumers about how their information is being filtered? Do you think users should be able to opt out of personalization?

I would say Yes, on both counts.

In an increasingly complex and vast media landscape it is crucial that me maintain our private lives.

Why?

Because: Algorithms of all shapes and sizes are monitoring, analyzing, making
decisions, dictating our credit scores etc.  They are shaping our lives and economies, our future, so shouldn’t we know what code and mathematical equations, or deep learning go into making them work.
However Transparency alone won’t help.
Algorithms are complicated so exposing the code behind them won’t make them more understandable. Knowing how an algorithm is coded is useless without knowing the data that has being fed into it in the first place.

There is only one solution and that is the:

The Creation of a New World Organisation that is totally transparent, and self financing:  To vet all Technology. To ensure that they comply with the core world gold standard of human values.
(See previous Posts)
Let me ask you two further questions.
Can some level of personalization be useful?
What are we missing that we need to see?
Some amount of algorithmic personalization is necessary — there’s just too much stuff to sort through for humans to do it all. However you don’t know who Google thinks you are or on what basis it’s editing your results, and therefore you don’t know what you’re missing.

A lot of the personalization that exists today just serves up information junk food, but a growing portion is being curated by robots — computer algorithms that are filtering content and deciding what we get to see.

It may be delicious, but it doesn’t feed the soul.

Now it’s possible to live in a bubble where that stuff doesn’t ever show up — you’d never know it’s happening.

Take the Facebook “Like” button — the main way that information gets spread on Facebook. “Like” isn’t a neutral word — it’s easy to Like “I just finished a marathon,” and hard to Like “cell phones may cause cancer.”

So some kinds of information get through, and others don’t, and when that’s happening in the Facebook News Feed, where an increasing number of folks get their news, it’s a real problem.

Most people aren’t aware that their Google search results, Yahoo News links, or Facebook feed is being tailored in this way.

Filters can provide relevance and combat information overload, but with so much riding on automated decisions to ensure algorithms deal with humans fairly is now more relevant than ever.

I recently read that in five-year your smartphone could be reading your mind.

Brain- computer interface.

Personalization couldn’t exist without the massive dossiers of personal data being collected by big companies online these days. And it’s a problem because consumers don’t have much control over that.

The current laws around personal data just don’t contemplate a world in which a click on one website changes what you see on an entirely different one.

Almost all popular websites, from search engines to social networks to media outlets, are now utilizing filters in some way to personalize content for visitors.

When websites show us only what we like, we get cut off from the diverse points of view that can enrich our understanding of the world.

We get Donald Trumps.

Privacy is about controlling what the world is allowed to know about you. This is about controlling what you’re able to see of the world — what your filters let through and what they don’t.

Its time to wake up.

We can lose sight of our common problems, but they don’t lose sight of us.

It’s only a matter of time before our Fidelity/ Loyalty cards are linked up to our personal data held by banks, e-commerce sites and social media. If not already.

We will then be looking at citizen character score, which will bring credit scores to a whole new level, turning them more into to life scores, by tracking anything and everything we do. The scary bit is what is tracked and by who.  

I hear you saying that this will never be accepted.

It is already on the cards for people living in China and Singapore. Humans and robot algorithms, living in peaceful harmony. Where you go, what you buy, who you know, how many points are on your driving licence, how your friends rate you.

The scores will serve not just to indicate an individual’s credit risk, but could be used in a vast array of applications and organisations such as Governments, Benefits, Hospital Operations, Visa, Education, down to all fields that makes Society including prison sentences, landlords, employers, and even romantic partners to gauge an individual’s character.

Résultat de recherche d'images pour "pictures of cloud computing"

All stored in the Cloud. Which comes in many different models forms.

Ubiquitous access to the network: Self-service and on-demand access to computing capabilities. This service will most often be performed by the service provider automatically without the need for human interaction.

Cloud Computers is not the easiest of terms to define, or explain what it all actually means. Owned by Google, Twitter, Gmail and Facebook the Cloud is elusive as grabbing a cloud itself.

Perhaps we can blame it all on Leonhard Euler one of the most prolific mathematicians in history, and also a prolific inventor of canonical notation.

( An Euler path is a path that uses every edge of a graph exactly once.)

One way or the other to use a Trumpetism:  It’s ain’t going to be great unless we build algorithms that have a sense of civic purpose embedded in them, giving us both entertainment and the information we really need, not profit.

All comments appreciated. All like clicks chucked in the bin.

O sorry about the line spacing in this post just cannot figure out how to correct it.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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THE BEADY EYE LOOKS AT WORLD ORGANISATIONS . PART FIVE – THE WORLD TRADE ORGANISATION.

19 Monday Oct 2015

Posted by bobdillon33@gmail.com in The Future, The world to day., Where's the Global Outrage., World Organisations.

≈ Comments Off on THE BEADY EYE LOOKS AT WORLD ORGANISATIONS . PART FIVE – THE WORLD TRADE ORGANISATION.

Tags

Capitalism and Greed, Current world problems, Distribution of wealth, Globalization, ongoing Privatization of the world, World Organisations., World Trade Organisation

The UN Development Program reports that the richest 20 percent of the world’s population consume 86 percent of the world’s resources while the poorest 80 percent consume just 14 percent.

The WTO began life on 1 January 1995, but its trading system is half a century older.Afficher l'image d'origine

Since 1948, the General Agreement on Tariffs and Trade (GATT) had provided the rules for the system. (The second WTO ministerial meeting, held in Geneva in May 1998, included a celebration of the 50th anniversary of the system.)

The last and largest GATT round, was the Uruguay Round which lasted from 1986 to 1994 and led to the WTO’s creation.

Whereas GATT had mainly dealt with trade in goods, the WTO and its agreements now cover trade in services, and in traded inventions, creations and designs (intellectual property).

The World Trade Organization (WTO) is an international organization of 161 members that deals with the rules of trade between nations. With Russia’s accession in August 2012, the WTO encompasses all major trading economies.Afficher l'image d'origine

The work of the IMF and the WTO is complementary.

The WTO Agreements require that it consult the IMF when it deals with issues concerning monetary reserves, balance of payments, and foreign exchange arrangement.

The policies of the WTO impact all aspects of society and the planet, but it is not a democratic, transparent institution.

The WTO rules are written by and for corporations with inside access to the negotiations.  The WTO would like you to believe that creating a world of “free trade” will promote global understanding and peace. On the contrary, the domination of international trade by rich countries for the benefit of their individual interests fuels anger and resentment that make us less safe.

WTO rules put the “rights” of corporations to profit over human and labor rights.

It is time that trade was put firmly in its place, so that it is viewed not as a goal in itself but as a means to achieving broader social, environmental and development goals.

At the very least, the world’s richest countries must honour their commitment to tackling their own damaging practices, particularly subsidies that drive down prices and increase poverty for farmers across the world.

Multilateral trade negotiations need fundamental reform, to be based on fair negotiations, not power play, so that developing countries have an equal place at the table. Genuine consultation with civil society in both the global north and south would no doubt produce other proposals for improvement.

If agreement can’t be reached on a small package of measures to help developing countries, as part of development agenda, then the relevance of the WTO and the multilateral trading system must be questioned.

The sad reality is that very often it is not in a business’s financial interests to act ethically. And no amount of persuasion will change that.The point, then, is not so much to persuade businesses that it is in their interests to act ethically and sustainably – they will work that out for themselves – but to make sure that it is.

Which means two things in practice: raising the benefits of acting ethically and sustainably, and raising the costs of not doing so. There are two principal ways, in a democratic capitalist society, of ensuring that the right incentives are in place for a business to act ethically: via the consumer and via the regulator (indirectly influenced by the citizen).

When humans get into big organisations it can be hard to apply moral values, and the incentives of the business context tend to hold sway. Especially when the boardroom is often far from a particular initiative that may be many thousands of miles away.

The big problem is the lack of global level regulation to match our now thoroughly globalised financial system. Such an international regulatory system is very far from being a reality, but if it is needed to guide, enable and sometimes restrict the activities of the financial sector, it is equally needed in other international sectors, from the extractive industries to manufacturing to agricultural trade.

Attempts at getting companies to sign up to voluntary measures (such as the UN Global Compact) are fine, but they are regarded as quaint by the majority of business people.

For every CEO who has a damascene conversion and transforms or builds their business along ethical lines (think Anita Roddick of the Body Shop) there are thousands who don’t. Lip service is paid, the odd children’s playground is built, the business of business goes on.

The point is to change incentives, and voluntary measures don’t do that. Only legal sanction or consumer action is strong enough, and consumer action is too erratic to rely upon.

In a globalised world, national level laws are clearly inadequate. People say international law is impossible, but they say that about everything worth doing. It is not only possible, it is vital, and is the major project of the 21st century. Without it, the global public cannot expect a private sector that works for people, not just for profit.

If you wanted clear evidence of the above just look at the Two trade Agreements recently negotiated The TTIP and TTP.

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The Trans Pacific Partnership is a trade agreement so significant and important, its details can’t be disclosed.

28 Saturday Feb 2015

Posted by bobdillon33@gmail.com in Uncategorized

≈ 2 Comments

Tags

ongoing Privatization of the world, The European Union, The Gap between the Haves and Have not's., The Trans-Pacific Partnership Trade Agreement., Transatlantic Trade and Investment Partnership (TTIP)

As Promised in my last post. Sorry this is another long winded post.

My blog has numerous posts on Inequality. The principal reason that we have such a messed up world.

In my view Inequality is the fundamental driving force behind, Conflicts, Poverty of all Correlations, Climate Change, Slave Labor, Immigration, Corruption and the pending collapse of Capitalism as we know it.

I have pointed my figure at Sovereign Wealth Funds, Electronic Trading, Foreign Exchange Manipulation.  Each one of them is at this every moment plundering the world willy nilly in adoration of the God Greed/Profit.

I have said that it is naive to think that we can change or remove any of the them from our Technological Capitalist driven world.  On the other hand with our collective power through Social Media we can demand that a COMMISSION of 0.05% is placed on their activities. Creating a perpetual fund to tackle Inequality and return the world to a more even keel. ( See previous posts)

The possibility of this happening within our out of date World Organisation is Zero. It can only happen if we all exert pressure as global citizen on the United Nations to pass a people’s resolution to apply such a commission.

So we are left with business as usual.

And that is exactly what is taking place with The Trans-Pacific Partnership (TPP) a proposed regional regulatory and investment treaty. Which appears from what I can gather is a primary goal of the Obama administration in the United States of America.

So here we go again.

Profit before everything else with a vast potential to exacerbate economic inequality. A recipe for less protection for citizens and more rights for Big Business.  To increase trade for trade’s sake.

This agreement is basically a permanent power grab by corporations and financial companies that will make it impossible for the citizens of countries joining the TPP to choose what laws and rules they want to live under.

Now you might say with all the problems we have in the world so what.  It is just another Trade Agreement, it will have little or no effect on me.

You could be right.  It’ll be hard to notice at first, and it will depend on who you are and where you are.

Anyway if you’re just now hearing about the Trans-Pacific Partnership, don’t worry: Like me you’d also be forgiven for not hearing about it:

But in the off-chance that you might be interested here is what I have learned to date.

Its has now been under negotiation for nearly a decade.

It began in 2005 as an agreement between Singapore, Chile, New Zealand and Brunei, before the U.S. under George W. Bush took the lead in 2009. The last round of meeting was in Ottawa from 3–12 July 2014. The negotiations now include 600 corporate advisers.

The countries currently party to the agreement — currently include Australia, Brunei, Chile, Malaysia, Mexico, New Zealand, Canada, Peru, Singapore, Vietnam, most critically Japan and potentially Korea — are some of the U.S.’ biggest and fastest-growing commercial partners, accounting for $1.5 trillion worth of trade in goods in 2012 and $242 billion worth of services in 2011.

So what  big country is not in the TPP …That’s right: China. I wonder why not.

Probable like you I thought we already had a World Trade Organization. So why do we need a separate Asia trade deal? and without China.?

Is this trade agreement another neoliberal project. To maximize profit and domination, and to set the working people in the world in competition with one another so as to lower wages to increase insecurity.

Is it the currency manipulation, which wouldn’t directly affect China as a non-member the real target.

So just what are we talking about here.

Fortunately for those of us who live like mushrooms it has not gone totally unnoticed.

In March 2013, four thousand Japanese farmers held a protest in Tokyo over the potential for cheap imports to severely damage the local agricultural industry.

Malaysian protesters dressed as zombies outside a shopping mall in Kuala Lumpur on 21 February 2014 to protest the impact of the TPP on the price of medicines, including treatment drugs for HIV.

On 29 March 2014, 15 anti-TPP protests occurred across New Zealand, including a demonstration in Auckland attended by several thousand people

On 27 January 2015, protesters hijacked an US Senate hearing to speak out against the TPP and were promptly removed by capital police officers.

It is serving only the interests of the wealthiest.

Is it a secretive, multinational trade agreement that threatens to extend restrictive intellectual property (IP) laws across the globe and rewrite international rules on its enforcement?

It is a 21st-century trade agreement involving 11 Asian countries along the Pacific Rim, and said to cover 40% of the world’s economy. Representing 792 million people and accounting for 40 percent of the world economy.

Yet it’s been devised in secret. Written behind closed doors by the corporate world.

Trans-Pacific Partnership-2

Trade negotiations are usually conducted in private, on the theory that parties won’t be able to have a meaningful dialogue if their positions are disclosed to the public. Accordingly, TPP parties have signed a confidentiality agreement requiring them to share proposals only with “government officials and individuals who are part of the government’s domestic trade advisory process.

” So but wait, how will this actually affect my life?”

Global health advocates, environmentalists, Internet activists and trade unions are deeply concerns about what the deal might contain.

It’s expected to eliminate tariffs on goods and services, tear down a host of non-tariff barriers and harmonize all sorts of regulations when it’s finished early next year..

It raises significant concerns about citizens’ freedom of expression, due process, innovation, the future of the Internet’s global infrastructure, and the right of sovereign nations to develop policies and laws that best meet their domestic priorities.

What few seem to realize is that this agreement, if approved as is, could make it virtually impossible for the United States to meet its current and future climate pledges. 

In sum, the TPP puts at risk some of the most fundamental rights that enable access to knowledge for the world’s citizens.

Former national security adviser Tom Donilon called it  the “centerpiece of our economic re balancing” and a “platform for regional economic integration” — after too many years of American foreign policy being bogged down in the Middle East.

How is it different from other trade deals done? 

The entire process has shut out multi-stakeholder participation and is shrouded in secrecy.

Leaked draft texts of the agreement show that the IP chapter would have extensive negative ramifications for users’ freedom of speech, right to privacy and due process, and hinder people’s’ abilities to innovate.

The TPP — encompass a broad range of regulatory and legal issues, making them a much more central part of foreign policy and even domestic lawmaking.

Everything from financial services to telecommunications to sanitary standards for food.

Some parts of it have significant ramifications for countries’ own legal regimes, such as the part about regulatory coherence,” which encourages countries to set up a mechanism like the U.S.’ own Office of Information and Regulatory Affairs to conduct cost-benefit analyses on new rules.

One of the contentious issue of the TPP negotiations has been currency manipulation, where in a country devalues its currency to boost exports and gain a trade advantage. Organisations such as the WTO or IMF cannot control such currency manipulation, so some are calling upon the US to “use the free-trade talks to force an end to such actions.

The US has been seeking trade rules that secure and extend their patents, trademarks, and copyrights abroad, and protect their global franchise agreements, securities, and loans. But they want less protection of consumers, workers, small investors, and the environment, because these interfere with their profits.

What is wrong with trade rules that allow them to override these protections.

For example, that the pharmaceutical industry gets stronger patent protections, delaying cheaper generic versions of drugs. That will be a good deal for Big Pharma but not necessarily for the inhabitants of developing nations who won’t get certain life-saving drugs at a cost they can afford.

In other words, the TPP is a Trojan horse in a global race to the bottom, giving big corporations and Wall Street banks a way to eliminate any and all laws and regulations that get in the way of their profits.

Why You Should Care about the Trans-Pacific Partnership.

It’s worth considering the ramifications of  such an agreement which has unbelievable potential to exacerbate economic inequality.

Here are a few good reasons for consideration.

At a time when corporate profits are at record highs and the real median wage is lower than it’s been in four decades, most of us need protection — not from international trade but from the political power of large corporations and Electronic Stock Exchange Trading.

There are provisions in the TPP that will prevent whistle blowers and journalists from accessing or ‘disclosing’ trade secrets through a computer system.

The TPP also gives global corporations an international tribunal of private attorneys, outside any nation’s legal system, who can order compensation for any “unjust expropriation” of foreign assets.

The foreign subsidiaries of U.S.-based corporations could just as easily challenge any U.S. government regulation they claim unfairly diminishes their profits — say, a regulation protecting American consumers from unsafe products or unhealthy foods, investors from fraudulent securities or predatory lending, workers from unsafe working conditions, taxpayers from another bailout of Wall Street, or the environment from toxic emissions.

Even better for global companies, the tribunal can order compensation for any lost profits found to result from a nation’s regulations.

Philip Morris is using a similar provision against Uruguay (the provision appears in a bilateral trade treaty between Uruguay and Switzerland), claiming that Uruguay’s strong anti-smoking regulations unfairly diminish the company’s profits.

It is protecting the interests of the largest multinational corporations at the expense of workers, consumers, the environment and the foundations democracy.

The Trans-Pacific Partnership (TPP) is a secretive, multinational trade agreement that threatens to extend restrictive intellectual property (IP) laws across the globe and rewrite international rules on its enforcement.

The TPP would force the adoption of the US DMCA ( see below appendix) Internet intermediaries copyright safe harbor regime in its entirety. For example, this would require Chile to rewrite its forward-looking 2010 copyright law that currently establishes a judicial notice-and-take down regime, which provides greater protection to Internet users’ expression and privacy than the DMCA.

It will compel signatory nations to enact laws banning circumvention of digital locks( technological protection measures on TPMs) that mirror the DMCA and treat violation of the TPM provisions as a separate offense even when no copyright infringement is involved.

This would require countries like New Zealand to completely rewrite its innovative 2008 copyright law, as well as override Australia’s carefully-crafted 2007 TPM regime exclusions for region-coding on movies on DVDs, video games, and players, and for embedded software in devices that restrict access to goods and services for the device—a thoughtful effort by Australian policy makers to avoid the pitfalls experienced with the US digital locks provisions.

In the US, business competitors have used the DMCA to try to block printer cartridge refill services, competing garage door openers, and to lock mobile phones to particular network providers.

Dangerously vague text on the misuse of trade secrets, which could be used to enact harsh criminal punishments against anyone who reveals or even accesses information through a “computer system” that is allegedly confidential.

Create copyright terms well beyond the internationally agreed period in the 1994 Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS). The TPP could extend copyright term protections from life of the author + 50 years, to Life + 70 years for works created by individuals, and either 95 years after publication or 120 years after creation for corporate owned works (such as Mickey Mouse).

The U.S. Trade Representative (USTR) is putting fair use at risk with restrictive language in the TPP’s IP chapter. (see below Appendix)

US and Australia have proposed very restrictive text, while other countries such as Chile, New Zealand, and Malaysia, have proposed more flexible, user-friendly terms.

Adopt criminal sanctions for copyright infringement that is done without a commercial motivation. Users could be jailed or hit with debilitating fines over file sharing, and may have their property or domains seized even without a formal complaint from the copyright holder.

In short, countries would have to abandon any efforts to learn from the mistakes of the US and its experience with the DMCA (Digital Millennium Copyright Act) over the last 12 years, and adopt many of the most controversial aspects of US copyright law in their entirety.

At the same time, the US IP chapter (see below Appendix) does not export the limitations and exceptions in the US copyright regime like fair use, which have enabled freedom of expression and technological innovation to flourish in the US. It includes only a placeholder for exceptions and limitations.

This raises serious concerns about other countries’ sovereignty and the ability of national governments to set laws and policies to meet their domestic priorities.

Don’t worry: Negotiations over the huge trade agreement — which, when finished, will govern 40 percent of U.S.’ imports and exports.

In sum, the TPP puts at risk some of the most fundamental rights that enable access to knowledge for the world’s citizens.

And I thought that Trade agreements used to deal mostly just with goods:

The TPP will affect countries beyond the 11 that are currently involved in negotiations. 

Like ACTA,( Anti-Counterfeiting Trade Agreement or Anti-Counterfeiting Trade Agreement) is an agreement secretly negotiated from 2007 to 2010 by a small “club” of countries (39 countries, including 27 of the European Union, the United States, Japan, etc) the TPP Agreement is a plurilateral agreement that will be used to create new heightened global IP enforcement norms.

Countries that are not parties to the negotiation will likely be asked to accede to the TPP as a condition of bilateral trade agreements with the US and other TPP members, or evaluated against the TPP’s copyright enforcement standards in the annual special 301 process administered by the US Trade Rep. (See below Appendix)

Six of the countries presently negotiating the TPP, and who have reportedly caved in and agreed on copyright term extension, would have been about to contribute cultural icons of their own to the public domain, enriching their own countries and the world with home-grown art, music, and film that is otherwise at risk of being forgotten. These countries are Brunei, Canada, New Zealand, Malaysia, Japan, and Vietnam.

We are left with the obvious question. Why is it that none of countries can see the damage this Agreement is going to inflict.

Many of the TPP’s current provisions are designed to exclude China, like those requiring yarn in clothing to come from countries party to the agreement, and could possibly invite retaliation.

As far as I can see the TPP is“disastrous”and its purpose should be denounced. It will extend problematic US laws into international law. One example: the Computer Fraud and Abuse Act, which prosecutors used to hound open-web advocate Aaron Swartz.

Any of the six countries above can stop this deal!

If even one of the countries—Brunei, Canada, Japan, Malaysia, New Zealand or Vietnam— is brave enough to stand up to the United States and block the extension of the copyright term, then that ill-advised deal could still fall through.

If you are from one of those countries, you can call your Member of Parliament, or your trade ministry, and demand that they save the public domain, by retaining the life plus 50 year copyright term that is your right under the Berne Convention.

If you are in the US, your best avenue to stop term extension, and the TPP’s other anti-user threats, is to support the Fast Track action group. For instance, there is a scuffle around the TPP’s rumored treatment of Digital Rights Management tools, which corporations use to limit access to digital devices – often to prevent piracy. TPP has provisions that make it a crime to break these locks, and to do things that aren’t even copyright infringement.

It includes provisions on intellectual property and copyright that are usually outside the boundaries of trade, critics say.

If it comes to fruition it will only encourage another regional pact that will just add complexity and undermine existing institutions.

The WTO ( World Trade Organisation) is too cumbersome.

Brussels, Jan. 7, 2015 — The European Commission published a raft of texts setting out EU proposals for legal text in the Transatlantic Trade and Investment Partnership (TTIP) it is negotiating with the US.

Not much different than the TTP other than it is more transparent. 

So let me ask you. You still think that it will have no effect on your life. Think again.

If you have concerns about the TPP,or the TTIP now is the time to speak up.

These trade negotiations are an assault on democracy. I would vote against them except… hang on a minute, I can’t Like you, I have no say whatsoever in whether TPP or TTIP goes through or not.

All I can do is tell as many people about it as possible, as I hope, will you.

We may be forced to accept an attack on democracy but we can at least fight against the conspiracy of silence.

Appendix:

⌈Digital Millennium Copyright Act⌋

⌈The IP Chapter covers topics from pharmaceuticals, patent registrations and copyright issues to digital rights. Experts say it will affect freedom of information, civil liberties and access to medicines globally.⌋

⌈Special 301 is an annual review process led by the Office of the United States Trade Representative (USTR). U.S. trade law (“Special 301”) requires an annual review of intellectual property protection and market access practices in foreign countries. Effective action under Special 301 by USTR has been essential in stemming the tidal wave of losses in U.S. jobs and competitiveness that have threatened one of our country’s most productive and fastest growing economic sectors. Special 301 and its leverage are a full-time process for the copyright industries which work with local private sector representatives, U.S. government officials, and U.S. Embassy officials to address and resolve copyright problems in scores of countries.⌋

 

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THE FUTURE OF TAXATION.

02 Tuesday Dec 2014

Posted by bobdillon33@gmail.com in Uncategorized

≈ Comments Off on THE FUTURE OF TAXATION.

Tags

Business and Economy, Community cohesion, Consumption Tax, Distribution of wealth, Fiscal stimulus, Inequility, Inflation, ongoing Privatization of the world, Over-consumption, Political spectrum, Sovereign wealth fund, Tax, VAT, Wealth Tax

Tax Due Warning - A single, angled spotlight reveals a...

A common thief does not typically act with greater force or stealth.

I would guess like me you have tried to get your head around the taxes you pay without much success.

With the rising inequality concerns maybe it time you did as taxation has a future that will affect you and your love ones.

But where, and in what guise? Let’s have a look.

Slow population growth is depressing income growth, which leads to higher taxes.

Virtually every government could pay off its debts by taxing wealth.

Luckily for the rich such taxes are often politically unacceptable.

In other words, fiscal problems are best regarded as problems of dysfunctional governance by governments that are selling off state assets into Privatization until there will not be enough national wealth to pay off any debts.

Anyway for the purpose of this post it is essential that we try to appreciate the difference between real taxes and current (or nominal) taxes.

The real tax over any significant period is the level of government spending in relation to national output. The higher public spending as a percentage of GDP, the higher the real tax. That amount must in time be transferred from private to public hands—be it now or later.

The current tax, for its part, is the amount actually paid to a government in any given period, and is almost never equal to the real tax.

Got it. No. Shame on you. Try again.

A current tax lower than the real tax (that is, a public deficit) implies higher current taxes in the future, while a current tax higher than the real
tax (a public surplus—a phenomenon observable in only three of the past 50 years) implies lower current taxes in the future.

Now. You have.

So the stated political orientation of the administration presiding over a gap between current and real taxation—be it social democratic or of the supply side right—does not matter.

Because deferred taxes are simply claims against the public.

There are two ways to meet these claims:

1) higher current taxes in some future period or 2) inflating the claims away.

Inflation, which generally induces a shift of wealth from private to public hands, is the functional equivalent of a tax increase. These relations do not follow from any policy or ideology, but are purely matters of arithmetic.

Any clearer.? It’s of no matter.

Because what appears on the surface to be public debate over the appropriate level of taxation—and this goes on all the time—is in fact political maneuver by interested constituencies to get out of the line of fire of inevitable tax increases while deflecting the higher taxes onto someone else.

Now you have.

Different taxes do have different allocative effects.

Future taxes will perpetuate or even compound the misallocative effects of the present tax system.

Taxes in the next ten years, even though considerably higher than today’s, will nonetheless be insufficient, in all likelihood, to fill the revenue gap that opened wide during the last ten.

Inflation is all that remains to look forward to.

For a governments it will be like letting go to the pull of gravity.

Most wealth has already been subjected to income and other taxes, perhaps multiple times. It doesn’t seem fair to the holders of that wealth to suddenly pay additional taxes on assets that they thought were in the clear, and such taxes would signal that previous policy has failed.

It seems to me that on both ends of the political spectrum there is remarkably little concern with the allocative effects of taxation in its various forms.

However it matters how you tax if we are to halt the growing inequality in our life styles as over the next 10 to 15 years current taxes will increase mightily. Why?  Because our own consumption, fueled by debt, outstripped our incomes in recent years, while foreign savers, predominantly from Asia/China/and the Far East financed the bulk of new investment in our economies.

Why aren’t foreign savers put off by double tax on capital income?

The answer is that they would be, if they paid it. But they don’t.

Another reason it that the massive fiscal stimulus that have been pumped into our economies by Quantitative easing and the selling off of state Assets (To Sovereign Wealth Funds, see previous posts) will in their wake pull up current taxes or spread inflation, another form of higher taxation —whether consumers or savers, suppliers of capital or suppliers of labor, or both in a maelstrom of inflation.

When income from labor is saved rather than consumed, the income from that saving (now capital income, in economic terms) is taxed again.

This “second” tax on saving makes the tax cost of capital income greater than that of labor income spent on immediate consumption. The two separate layers of income tax imposed on corporate earnings and then again on dividends distributed to shareholders actually imply a third tax on corporate profits. This goes far toward explaining why we don’t save.

What can be done:

What is needed is a shift in the burden of taxation away from capital income and onto consumption.  In short, some form of consumption tax should be the predominant national tax.

The problem with a value-added tax is that people can to a considerable extent earn their incomes in one tax environment and spend them (either at retail on vacation or wholesale in retirement) in a different (and VAT-free) environment, so that ultimately both their incomes and their consumption are untaxed.

Value-added taxes and payroll taxes are analogous to an income tax that is imposed territorialy, whereas a tax on consumed income is imposed on worldwide income, minus the component of saving, and is therefore a tax on the worldwide consumption of a taxpayer.

(Turnover-type taxes such as sales taxes and value-added taxes are widely and correctly understood as consumption taxes. So is any tax that does not reach capital income.)

A tax on consumed income is an income tax in which personal saving is deducible from taxable income, thus excluding capital income and leaving only the amount of income that is consumed subject to current taxation.

In stead of contemplating such a tax in many EU Member States we got political, academic and public debate on wealth taxation which always gains traction in times of strained public finances.

The question is who ultimately bears the burden of wealth taxation (tax incidence)

The existence of a blurry frontier between capital and labor, income for the high-income earners, the role of transparency and automatic exchange of information in facilitating tax compliance and the serious political economy constraints makes any form of wealth tax unworkable.

Just imagine the difficulty to evaluate one’s wealth and the administrative costs along with the risks of tax evasion and capital flight.

Many people have become distressed about their taxes because they have been led to believe that the property they acquired would not he taxed to the extent that it has been. Accordingly, they have paid prices for the property that have reflected those expectations. They may be the reasons they are “mad as hell” simply because they feel that they have been misled by their government and that they not only have had to give up taxes but also have had to give up wealth in terms of reduced market prices for their property.

Economics have performed the heroic task of measuring wealth for eight leading economies: the United States, Canada, Britain, France, Italy, Germany, Japan and Australia.

Their estimates reveal some striking trends. For instance, wealth accumulation in these eight countries has risen relative to yearly production.

Wealth-to-income ratios in these nations climbed from a range of 200 to 300 percent in 1970 to a range of 400 to 600 percent in 2010. Behind the changing ratios is some bad news, namely that slow productivity growth and but also some good news — that relative peace and capital gains have preserved wealth up to now.

Virtual economies pose a real-world tax compliance risk, even if citizens aren’t purposefully shielding their money.

No one has a clue on how to manage the Planet. The only way forward is a consumption tax regime.

 

 

 

 

 

 

 

 

 

 

 

 

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Sovereign Wealth Funds. Alarm.

30 Sunday Nov 2014

Posted by bobdillon33@gmail.com in Uncategorized

≈ Comments Off on Sovereign Wealth Funds. Alarm.

Tags

Business and Economy, Capitalism, Extreme poverty, Globalization, Government, Greed, Inequility, ongoing Privatization of the world, Privatization of the World., sovereign wealth funds (SWF), The European Union

<img alt=”” src=”http://media-cdn.tripadvisor.com/media/photo-s/04/79/29/e0/1728.jpg”/>
This photo of 1728 is courtesy of TripAdvisor

Its back to my hobby-horse the ongoing Privatization of the World.

It is of course is happening in a clever way, with very careful paperwork, so we have the option of pretending that it’s not actually happening, right up until the bitter end.

I often wonder is it just me. You barley hear a mummer about it from any other quarter. Other than Ireland where the population has woken up to the Privatization of water.

Perhaps it’s that no one gives a tosser.

That our Governments are systematically divesting themselves of bits and pieces of their own sovereignty, by transfer of assets and service functions from public to private hands.

It’s taking place all over the world without really anyone noticing it happening — often not even the people are asked to vote formerly on the issue.

It is my contention that it is the quality of the state rather than the fact that assets are owned by the state that matters more. In developing countries with extensive market and information failures the state should play an important role in promoting equitable development over the long run not sell of their assets to the highest buyers.

At the political level privatization has been challenged by workers affected by attendant retrenchments and the restructuring of internal and external labor markets consequent upon privatization that has resulted in increased worker vulnerability, and by consumers who have often been negatively affected by increased prices based on cost recovery pricing regimes instituted as a consequence of privatization, or by reduction in service provision arising from “efficiency enhancing” measures as a consequence of privatization.

No one knows precisely how much money is held by SWFs but it is estimated that they currently own $3.5 trillion in assets, and within one decade they could balloon to $10–15 trillion. (equivalent to America’s gross domestic product, an amount larger than the current global stock of foreign reserves of the USA which is about $5 trillion.)

Imagine the biggest and most aggressive hedge fund on Wall Street, then imagine that same fund is fifty or sixty times bigger and outside the reach of any other major regulatory authority, and you’ve got a pretty good idea of what an SWF is.

The rise of sovereign wealth funds (SWF) as new power brokers in the world economy can no longer be looked at as a singular phenomenon but rather as part of what can be defined a new economic world order.

This new order has been enabled by several mega trends which operate in a self-reinforcing manner, among them the meteoric rise of developing Asia, accelerated globalization, the rapid flow of information and the sharp increase in the price of oil by a delta of over $100 per barrel in just six years which is enabling Russia and OPEC members to accumulate unprecedented wealth and elevate themselves to the position of supreme economic powers.

It will not be long before transactions involving investment by sovereign wealth funds, as with other types of foreign investment, may raise legitimate national security concerns.

Concerns are growing that the purpose of the investments might be to secure control of strategically important industries for political rather than financial gain.

They on the other hand see themselves as passive, long-term investors, driven solely by the need to make a good return on their country’s surplus cash.

There is a degree of looking through the wrong end of the telescope to all this.

Sovereign wealth funds have with total assets estimated at $5.4tn as of October 2013. The funds have gained more than $750bn in additional assets since 2012 of which only $60 billion has gone to recent bank bailouts.

They are rapidly becoming owners of big chunks of American,the UK and Europe infrastructures.

Unlike the central banks of most Western countries, whose main function is to accumulate reserves in an attempt to stabilize the domestic currency, most SWFs have a mission to invest aggressively and generate huge long-term returns.

The origin of these SWFs is not even relevant, necessarily.

What is relevant is that these funds are foreign.

They are state-owned investment pools that thanks to a remarkable series of events in the middle part of the last decade they are buying up your governments services such as water treatment, parking meters, toll highways, rail links, ports, public infrastructure projects, commercial real estate all delivering a lot of cash into the coffers of sovereign wealth funds like the Qatar Investment Authority, the Libyan Investment Authority, Saudi Arabia’s SAMA Foreign Holdings, and the UAE’s Abu Dhabi Investment Authority.

Some recent activity:

(The first was the announcement that the Qatari royal family is planning a large investment in the controversial £50billion HS2 rail link, focused on a major new station and housing scheme in central Birmingham.

Qatar Investment Authority, one of the world’s largest sovereign wealth funds, is soon to table a new bid to take over Songbird Estates which owns the iconic Canary Wharf tower in east London, one of the best-known modern symbols of British capitalism.  

Libya’s sovereign wealth fund is suing French bank Societe Generale in a British court for $1.5 billion for allegedly channeling bribes to allies of the son of slain dictator Muammar Qaddafi.  

Iran’s President Mahmoud Ahmadinejad said on Saturday the country’s sovereign wealth fund could reach $55 billion by March next year if oil prices kept high.

Iran earned $100 billion in oil revenue in 2011. Iran is both the world leader in Shariah Compliant Finance and the world’s most active state sponsor of Jihadist terrorism.

Deutsche Bahn Seeks Sovereign Funds for the state-owned railway, is seeking to sell shares to sovereign wealth funds in the Middle East and Asia during the initial public offering. )

What is more to the point, is we’re being colonized/Privatized.

Industry today may not be regarded as such an industry tomorrow, and vice versa.  Just look at the explosion of energy prices — thanks to a bubble that Western banks and perhaps some foreign SWFs had a big hand in creating.

Out side any regulation these funds are free to plunder the earth in the form of Hedge Funds( (which they have a bunch) with out anyone knowing who the funds investors are.

The point here is if these funds.

Are not regulated by the relevant international bodies determining which kinds of information about their balance sheets, management structures, investment objectives, portfolio breakdowns, and so forth should be supplied by sovereign wealth funds. The European Union could then put curbs on funds failing to comply with the standards for the publication of such information.

One way or the other they should be Capped ( See previous posts)

 

 

 

 

 

 

 

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All comments and contributions much appreciated

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