Category Archives: Pre-Wordpress Papers

Ancient Papers Dusted off just for Wordpress.

A Moment Of Your Time..., Character Building Exercises, Domestic Affairs, Domestic Policy, Fiscal and Monetary Affairs, Fiscal and Monetary Theory, Kevin's Lifestyle Blog, Lifestyle, Political Theory, Pre-Wordpress Papers, Public Health Policy

Paper Release: A Discussion on the Release of the New “Uber Eats Index”, and including its Rationale (Chicago), and Efficiencies (Los Angeles)

Leave a comment

Uber Eats Index – Courtesy of Kevin Michael Miller
Uber Eats Index As A Percentage – Courtesy of Kevin Michael Miller

The creator of this paper, after attempting to find the most cost efficient take out order, and order substitution delivery service. And after discovering the ability with the Chase Sapphire Preferred Credit Card. To be able to order, with little to no additional delivery charge, and discounted surcharge, on all Chase Sapphire approved orders, on the Door Dash, a la Uber Eats, Meal Delivery Platform. This, being one of many experiences, which the author has had with the meal delivery service. Including from its earliest worldwide adoption, and service fee, and surcharge model. Led the author, to introduce a Meal Delivery Index, entitled “The Uber Eats Index”. This index includes within his research for this paper, information compiled from The Department of Revenue, at the City Hall of Chicago. As well as the Mayor’s official budget, for the City of Los Angeles.

By using a Dynamic Stochastic General Equilibrium Model (DSGE). I was able to, by combining the forecasted revenues, as well as the forecasted delivery charges, and sales tax increases, the adjusted value of a non-generic take out menu value meal. Which, if not delivered, in 2007 dollars, would have a nominal tax incentivized value of $15.00, minus the input from the delivery service. Which includes a proprietary Vector Auto Regression (VAR) based model. That incorporates the above stated variables. As well as a proprietary tax modeling equation, which is strictly defined to the Los Angeles Metro Area, and therefore California as a whole.

This non-descript large market, large share “Value Meal”, would inevitably begin to be offered as a delivery item, on the Uber Eats Platform, first in Los Angeles in 2007. And later on, the same platform, and others, in Chicago, and the surrounding Chicagoland Suburban Area. In the summer of 2016. This added value increase to the meals, in the Chicago market. Has been shown to not be adversely affected by higher delivery fees, and charges, due to the price of Oil, and Gas, as well as emerging issues, such as automated delivery driving methods, as well as reforms to the municipal, and state tax ordinances.

This nominal $15 meal, in 2007, which is exemplified in the Chicago market. Would have an end price for delivery, using a mean adjusted Vector Auto Regression, and due to the ongoing wars in Afghanistan, and Iraq, in the Los Angeles area, of nearly $43 dollars ($42.84).

The unfortunate discrepancy in data, between various restaurant’s in this era, and the data, which is publicly available. Taking into account, and along with the Mean adjusted pricing level for the Los Angeles Metro Area Market. Means that we can only guess at the true non-Uber Eats delivery price of the same meal to be about $23.15, or a 54% increase in the amount of money paid for the same amount of food, absent the delivery surge pricing.

As for the future pricing of the same “Value Meal”, which will heretofore, be assigned a nominal 2007 value of $15 USD, has, at 2016 levels, remained at a constant price on the Uber Eats Application throughout 2016 for the Los Angeles Market. Finally dropping in both 2017, and 2018, to a 2018 low of $32.92 USD. Before rising again, in 2019 to $33.55. Presumably due to an increase in competition, and competitive advantages, and cost efficiencies, which were adopted by competitors in the distribution, and meal delivery service app market.

By the end of the first year of the pandemic, in 2020, the presumed cost efficiencies which arose from the decrease in State Wide California Sales Taxes, as well as the stabilization of the meal delivery market in Los Angeles. As well as additional tax efficiencies which arose from the further stabilization of the Los Angeles County, City Wide Tax Code. Produced a return to the price levels that appeared in 2018, nearly two years before the start of the pandemic.

This decrease did not last throughout the inflationary period which followed the ensuing shutdown, and additional health safety measures, which were rigorously enforced in both metropolises, and food services markets of Los Angeles, as well as Chicago. Led to an increase throughout 2021, and up to the current period, to $34.02. From here were able to witness a discontinuity in the amount, and pricing of the nominal “Value Meal” which was originally priced in 2007 at $15 USD. This disaggregation, which has seen Meal Prices, steadily rise in Chicago throughout the same period, until finally in 2023, catching up to the Uber Eats Prices, that were cited as having begun in the Los Angeles Metro Area in 2021, of $34.02. And Have preceded until the end of 2023 for the same metropolitan area.

Looking Forward, by using our DSGE, and Vector Auto Regressive (VAR) Statistical analysis. Which takes into account the past pricing of Meals from Uber Eats, in both sample markets (Chicago, and Los Angeles). Along with past, and future tax provisions, which both preceded, and were following the pandemics beginnings. Were able to find a continuously correlating, and causal price correlation between both Los Angeles Uber Eats final delivery pricing. As well as Chicago’s own. With Chicago (Metro) expected to increase its Uber Eats final delivery pricing for 2024 for the nominal 2007 “Value Meal” to $36.10 USD. This is in contrast to Los Angeles and its metro area, which expects a marked decrease in its final Uber Eats delivery pricing to $30.72 USD. A nearly 11% decrease from its 2023 prices ($34.02).

This decrease in pricing, is more than likely owing to the stabilization in both California, as well as Los Angeles County, and Metro areas, municipal, and state taxes. As well as further cost efficiencies, and windfall profits, which occurred throughout the beginning of the pandemic.

The included chart shows the information contained above, outlining the price and price differences in Uber Eats, and its meal delivery platform.                  

Uber Eats Index – Courtesy of Kevin Michael Miller
A Moment Of Your Time..., African Affairs, Character Building Exercises, Domestic Affairs, Domestic Policy, East Asian Affairs, European Affairs, Fiscal and Monetary Affairs, Fiscal and Monetary Theory, Foreign Policy, Hispanola, Middle Eastern Affairs, Near East South Asian (NESA) Affairs, Non-Proliferation Affairs, Political Theory, Pre-Wordpress Papers, Public Health Policy, Russian Affairs, United Nations Diplomacy

Copy of Letter Sent to The Honorable United States Representative Brad Schneider Dated January 25th, 2024

Leave a comment

To The Honorable Representative of the United States House of Representative, Representative Brad Schneider,

Dear Representative Brad Schneider,

Hello, my name is Kevin Michael Miller, and I’m currently a PhD. MOOC student in neuroscience, as well as Financial Engineering, Economics, and International Politics on the Massively Open Online Course websites, of Edx.org, and Coursera.org. I’m writing an order to convey my appreciation for your recent tele townhall, and its focus on delivering healthcare, and other vital healthcare related needs to the 10th district, and its cohorts. I’m writing this most recent letter, as an addendum to the previous letter which I wrote, concerning the need for proper appropriation, concerning the passage of the 2009 Affordable Care Act, and its provision of constituent services, in the United States Congress. My concerns I felt, were serious enough to warrant a letter to both your office, as well as the Late Senator Dianne Feinstein’s office. And, while I hoped that she would read the contents of my letters, as she’s done so many other times in the past, including during my earliest collegiate years, when I lived in southern California, and successfully campaigned for, and helped win, a successful recall of California Governor Gray Davis, and the election of Governor Arnold Schwarzenegger, against him. My concerns have been wide ranging since then. And since moving to the 10th Congressional District, here in Illinois. I’m proud to have helped first elect both Mark Kirk, to the United States House of Representatives, as well as to have voted for then State Senator Barack Obama, to the United States Senate. As I’ve said my concerns have been far ranging, and far reaching since then. Including the passage of Opioid and Fentanyl Legislation, so here entitled Matt’s Law (After a High School Classmate of Mine Whom Overdosed on Opioids in an Alleyway in Chicago in 2006). With the help of both the George W. Bush Administration, as well as the administration of then President Barack H. Obama. My most cherished memories of being part of the Republican party, are when I’m able to see legislation such as Opioid Legislation, as well as legislation pertaining to wounded veterans, and soldiers, as well as the other many legislations which I’ve advocated for, and sought to have passed along the way, particularly as concerns Xstat Syringe Wound Treatment systems, for our combat soldiers in Iraq, and Afghanistan, as well as other important legislative accomplishments which I’ve sought, and advocated for, in my twenty-two year long voting record, as well as my twenty-two year incumbency as a member of the Republican Party. I encourage you to find out more about my social, and political activism, particularly as relates to crises which have erupted on the world stage, concerning Ukraine, as well as the Middle East, and Israel. Which can be found at www.kevinspolitics.com. My most singular, and resolute contributions to the state, and its welfare, are found on this website. And it brings me great comfort to know that it will continue in its existence, which has existed in its most current form, since at least February of 2013. I encourage you, and your office to look at this website, for any ideas, or wisdom which you may derive from its political analysis, and content. Just as I encourage then Congressman Dold’s office to do the same, some years prior. My Letter at this juncture, is simply to encourage you to decrease taxes for your constituents, and to reject any legislation which may interfere in the ability for insurance providers to provide safe, and cost effective medications, and other health care needs. This includes legislation which may accelerate the dramatic increases in Government provided Health Insurance which has only continued, even with legislation which I have observed to be illegal, pertaining to the commerce clauses of the constitution. Including one piece of legislation which allows for the sale of unregulated Canadian, and Irish Pharmaceuticals, as replacements for readily produced, safe, and effective medications produced here in the United States. As well as another piece of legislation, which would merge two of the biggest insurance providers in the country Cigna, as well as Humana. Both legislative ideas, which I feel violate at least two significant clauses in the Commerce Act of 1886, as well as the commerce clauses in the United States Constitution. These concerns are only a brief of what I intended to write to you about, and I hope that by sharing my story in a published memoir, upon my graduation from Harvard University. hopefully this spring. That I’m able to further the conversation surrounding politics, diplomacy, but also real life, and what that means for young teens, and adolescents in the 21st century. I plan on supplying a number of copies to your office, upon successful publishing. And I look forward to having greater friendship, and comity with you, as we continue to spark conversations surrounding the everyday needs of the American People, as the Representative of the 10th district, here in Illinois, Dr. Schneider. I wanted to speak about the recent hearing on AI, as well as other just as pertinent world issues, affecting our country, and both parties. But I leave you now, as I hope that your days are merry, for you and your office. And I look forward to hearing more about these topics, from you, and your office. Thank You, and God Bless. – Kevin Michael Miller       

A Moment Of Your Time..., Character Building Exercises, Fiscal and Monetary Affairs, Fiscal and Monetary Theory, Pre-Wordpress Papers

New York Institute of Finance Course Spotlight: Corporate Treasury Management With Valisha Graves

Leave a comment

Learn how to manage treasury activities more effectively using new approaches and technologies with a special focus on the U.S. financial environment. CPE Credits: 21

In this course, you will learn how to:

  • Develop an action plan and utilize better practices in treasury management strategy
  • Develop an action plan for evaluating and improving their treasury operations
  • Apply general principles to their specific situations through interactions with the course leader and other participants
  • Understand best practices in treasury management
  • Negotiate better terms and pricing with their financial service providers
  • Improve their cash flow forecasting systems and techniques

Upon completion, earn a valuable certification showcasing your expertise in Corporate Treasury Management.
 

Don’t miss this opportunity to enhance your skills and advance your career. Our next session starts on October 11th, 2023.

Enroll Now Here: rebrand.ly/i4tt8wl

 

Get To Know the NYIF Instructor        

Valisha is a seasoned financial professional with a wealth of hands-on experience across various domains, including Corporate Treasury, Financial Planning & Analysis, and Corporate Finance. Her extensive expertise encompasses corporate finance, financial statement analysis, and leveraged buyout analysis.

Current Position:

Valisha currently serves as an Executive Director on the Strategic Client Onboarding Product Development team at Morgan Stanley. In this role, she spearheads the “One Client” initiative and leverages client-centric data to drive the Advisory, Digital, Investment Solutions, and Wealth Management businesses. Since joining Morgan Stanley in 2005, she has played a pivotal role in defining, developing, and delivering a diverse array of Fintech applications, spanning equity derivatives, equity valuation, business supply chain, profitability analytics, LBO analysis, and cross-asset analytics. These applications provide invaluable client investment insights.

Education:

AB in Government/International Relations, Cornell University

MBA, Columbia University

Passed CFA Level I and II exams Valisha’s illustrious career and diverse skill set make her a valuable asset in the financial industry, and her current role at Morgan Stanley reflects her dedication to driving innovation and client-centric solutions.

A Moment Of Your Time..., African Affairs, Character Building Exercises, Domestic Affairs, Domestic Policy, East Asian Affairs, European Affairs, Fiscal and Monetary Affairs, Fiscal and Monetary Theory, Foreign Policy, Hispanola, Middle Eastern Affairs, Near East South Asian (NESA) Affairs, Non-Proliferation Affairs, Political Theory, Pre-Wordpress Papers, Public Health Policy, Russian Affairs, United Nations Diplomacy

A Letter to the Honorable Governor Gavin Newsom for consideration for appointment to the Senate of the United States of America for the Great State of California

Leave a comment

To The Honorable Governor Gavin Newsom,

Dear Governor Newsom,

Hello, my name is Kevin Michael Miller, and I’m currently a resident of Illinois, residing in the Gurnee-Waukegan area. I’m writing because I would like to be considered for appointment to the United States Senate, representing the great state of California, my former state of residency.

After moving to California in the Summer of 2003, and pursuing a career in film and television, I was able to successfully have an award winning manuscript which I wrote in my teacher, Michael Mann relative, Johnathon Mann’s class, for what would become known as, the Stanley Kubrick directed film, “Eyes Wide Shut”.

After having this initial success, however, I decided, after continuing my studies in Political, and Social Philosophy, to pursue a career in Politics, foregoing any further encumbrances, to what could have been, and could still become, a flourishing acting, television, and film career.

My movie star good looks, are belied by my keen intellect, intelligible, though southern (I originally hail from Tampa, Florida) vernacular, and the character which has carried me through some of the nations most pressing, and arduous times. Particularly for my generation. As Someone who was born in 1984, I’ve witnessed the great recession, the great pandemic, the great climate change, and everything great in between.

I won’t tarry long with my request. I’m requesting that I be appointed to the seat which is currently vacated by Senator Dianne Feinstein, the longest serving senator from the San Francisco Bay Area. Though a Republican, I think my appointment would serve several fold for you, and your erstwhile agenda, in Californian, as well as Floridian, and the Nations Politics.

By appointing a well-regarded, and former well known Mouseketeer to the United States Senate. You, and I together would bring many constituencies together, an order to bring about the greatest good for all of Californians, and indeed the fifth largest economy in the World. I feel that by highlighting my exemplary conduct, which can be found on my blog at: kevinspolitics.com, as well as my Instagram feed, which has over 100k thousand, followers.

I think that we, me, and you, can work together before the American people, an order to make California, truly one of the most beautiful, safest, and most prosperous states in the Union. I recently posted on my blog a copy of a letter which I sent to Dianne Feinstein, and I urge you to look up the contents on it, on my website kevinspolitics.com, for any additional information about my history, and potential which you may need.

I look forward to hearing back from you, and I look forward to working with you, an order to make with the Senate, and Congress; The United States, and especially California, truly the most prosperous land that has ever existed.

Thank You, and I look forward to hearing from you about this exciting opportunity.

Sincerely,

Kevin Michael Miller

www.kevinspolitics.com 

Domestic Affairs, European Affairs, Fiscal and Monetary Affairs, Fiscal and Monetary Theory, Political Theory, Pre-Wordpress Papers

European Deposit Insurance Corporations and the Lack of Adequate Tier 1 Capital Reserve Ratios

Leave a comment

The European Central Banks, latest publication of Depositors Guarantee Schemes Data[1], on its website, is an annual collection of Euro System wide Data, which covers the most recent cataloging, of Covered Deposits in the Euro Area Economies.

This data, which is compiled from all banks which exist within the European Union, is benchmarked against a Deposit Insurance Scheme.

This Deposit Insurance Scheme is mandated to arise to up to 1% of all covered Deposits in the European Union. The Problem is that this target, which is mandated by the European Central Bank, is woefully inadequate to deal with the sort of correction territory which was traversed last spring at the onset of the COVID-19 Pandemic, or (and this is especially true) the sort of Economic catastrophe which was brought upon the European Union by the United States Mortgage Crisis, and similar Deposit Insurance Schemes for Pensioners.

 For instance, for the Republic of France, which is a European Union Founding Member, the EU Deposit Insurance estimates for that country estimate that there are a little over €1.3 Trillion Euros which are currently held in the Deposit Insurance Mechanism.

However the total amount of money held to cover this number of deposits barely exceeds €5 Billion Euros, or put another way less than .4% of Tier 1 Capital Reserve Ratios. For smaller nations, like Belgium, the total funds insured totals almost €317 Billion Euros, however the amount designated to cover this unfunded liability barely tops out at €4.3 Billion Euros, or 1.35% of Tier 1 Capital Reserve Requirements.

For larger one’s though, like Germany, its accounts show a total of some €2 Trillion Euros in Total Deposits with just under €11 Billion Euros used to cover them. With €793 Billion Euros of that coming from Germany’s often looked to Savings Banks, while only €4 Billion Euros is used to cover the amounts outstanding.

These amounts represent .5% of Tier 1 Capital Reserve Requirement Ratios set by the ECB’s Benchmark Committee.

Some Countries, such as Germany have more detailed information on their Banking Institutions, and the number of deposits covered in each, however without a centrally cleared report by the European Central Bank on the amount covered, and the funding used to cover it, the opaqueness of the financial accounts remains in place.

All of this is being done under the guise of a third covered bond protection program or CBPP3, a holistic program that has been reissued, and manipulated as an emergency measure that uses twice covered bond assets to fulfill its portfolio.[2]

This, which the EU has ruled in previous crises, is illegal, has the added effect of draining the resources of wealthier European Union Countries, and placing them in the hands of a wealthy elite.[3]

To make matters more complicated, and certainly more demanding, the toolkit in place used to monitor the Banking Institutions which are under duress by these twice covered bonds, and liquidity scenarios, is led by the Single Resolution Board, or SRB.

This board which is led by a Chair, a Vice Chair, and four permanent members, along with the relevant national resolution authorities, has under its authority a Single Resolution Mechanism (SRM). This mechanism is mostly held up by the aforementioned Single Resolution Fund (SRF).

The problem is that the Single Resolution Fund is currently established to only cover 1% of all Deposits in the EU Insurance Scheme. And this threshold is only projected to be obtained by the beginning of 2024.

Also, the way the SRB is set up, there is a lack of oversight amongst the various Deposit Insurance Corporations, which number to at least 35 individual entities.

This lack of coverage, and oversight of the EU’s Deposit Insurance Mechanism, with this inadequate benchmark must be ameliorated.

The problem which is presented is actually three-fold. The first problem, which is the reserve requirement ratios, can easily be corrected, by simply raising the threshold for reserve requirements, at the European Central Banks Deposit Guarantee Scheme, to at least 10%. By doing so this will allow for the process of beginning to cover deposits at an increased ratio to begin.

The second problem lies within the organization of the Single Resolution Board, and the participants in it. By having a Single Resolution Mechanism with a single officer in charge, the Board is unable to adequately complete its task.

And with the addition of the lack of sway and oversight from individual deposit banking scheme regulators in different Countries, like the previously mentioned protection scheme of the German Savings Banks Association (DSGV), the amount of input and the opportunity to exploit the advantages of such a large, and efficient banking system, but also for waste, fraud, and abuse, go unchecked.

My resolution, to this issue, is the creation of a European Central Bank Deposit Insurance Bureau (EDIBS). By creating a new and unique European Central Bank Organ, this will allow for outside input from the individual National Deposit Insurance Corporations, and allow them to have a position at the ECB’s Single Resolution Board which elevates them to advisers, and co-Vice Chairs.

This will allow for an additional layer of expertise which is currently missing from the ECB’s Single Resolution Board, and Single Resolution Mechanism. And thrice fold, the information which is presented to the board, and collected by the newly appointed Vice-Chair for Deposit Insurance Corporations, should also be presented to the public at large in a report which is published at least twice a year annually. European Central Bank Liquidity Measures indicate that there is still yet a bit of pain which the European Banking System as a whole must go through.

This means that we can expect to see more, yet still larger banks, such as Credit Suisse, continue to experience pain, and be unsettled by the recent developments in large crypto banks in the United States. However, as stated earlier, these events, though significant, should not upset the European, or American banking systems as a whole, by too much, and the overall health, will improve once these solvency measures take effect.

It is my hope that by making these changes, it is hoped that the ECB, and the Deposit Insurance Corporations can be brought back on to the path of fiscal solvency.            

 

[1] European Central Bank System of Depositor Guarantees, European Central Bank, Accessed On: 04/04/2022, Found At: https://ec.europa.eu/info/law/better-regulation/have-your-say/initiatives/12737-Banking-Union-review-of-the-bank-crisis-management-&-deposit-insurance-framework-DGSD-review-_en

[2] Technical Annex 2, Details of CBPP3, European Central Bank, October 2, 2014, Found At: https://www.ecb.europa.eu/press/pr/date/2014/html/pr141002_1_Annex_2.pdf, Accessed On: 3/13/2023

[3] Covered Bonds in the EU Financial System, December, 2008, European Central Bank, Found At: https://www.ecb.europa.eu/pub/pdf/other/coverbondsintheeufinancialsystem200812en_en.pdf, Accessed On: 3/13/2023

Domestic Affairs, Fiscal and Monetary Affairs, Fiscal and Monetary Theory, Foreign Policy, Political Theory, Pre-Wordpress Papers, Public Health Policy, United Nations Diplomacy

International Criminal Court Notice Of Decision: DISPUTE OVER THE STATUS AND USE OF THE WATERS OF THE SILALA (OPINION)

1 Comment

DISPUTE OVER THE STATUS AND USE OF THE WATERS OF THE SILALA

In accordance with the Entry into Force of the Treaty on the Non-Navigational Uses of International Watercourses of 1997 Draft Article(s) One(1), Two(2), and Three(3), as well as the 1992 Helsinki Convention, Articles Two(2), Three(3), Four(4), and Five(5); parte bona parte. My decision concerns the current border, ecological, monetary, and therefore ex justicia DISPUTE OVER THE STATUS AND USE OF THE WATERS OF THE SILALA which has arisen on the Border between the two complantant countries heretofore referred to as Chile, and Bolivia. The crux of the complaint relies on the previous water sharing agreements for the estuaries, waterways, and surrounding land of the Silala (DISPUTE OVER THE STATUS AND USE OF THE WATERS OF THE SILALA) which were subsequently partially left damaged, or abandoned by the eruption of a local volcanic formation(s) including the Cerro Inacaliri, Cerrito de Silala, and the Volcan Apagado. The ignimbrite fluvial deposits were extracted in the Rio Silala on the Chilean side of the border, thus rendering a number of previously agreed to Bolivian CODELCO Intake Pumping Stations on the Chilean side of the border, and resulting in the Humanitarian, and ecological disaster which ensued on the Bolivian side of the border. The CODELCO Intakes and Pumping Stations, which were originally placed in Inacaliri, Chile, by a private Bolivian Contractor for the Bolivian Government, have been rendered useless by the building of two separate pipelines by the Chilean Government after the separation of the Rio Silala by the emulsions and occlusions from the previous stated Volcanic Eruptions. The decision in this case, concerns the lack of adequate repair to the riverbeds, and ecological disaster which ensued, for the communities along the Rio Silala as well as the Cajones, and Orientales River Valleys, and estuaries. The most troubling aspect of this case, appears to be the lack of Bilateral, and Multilateral International support for what was essentially a Humanitarian Disaster caused by a non-manmade eruption of a series of Volcanoes along the Chilean and Bolivian border. These eruptions, which should have been the main source of the plight of the populations of individuals in Bolivia, owing to the Ecological, and further Humanitarian Disaster which took place. Has instead become an extension of their suffering, as the ability to access safe drinking water, an issue which effects a great many regions of the developing world, and which often requires international aid, only increased their suffering due to their plight concerning this disaster. It should also be noted that several agreements between the two interested parties Chile, and Bolivia, to provide safe, and clean drinking water for the inhabitants of the Rio Silala, have gone unmet, and defunct, due to the previously mentioned Intake Water Pipelines which were unilaterally built by the Government of Chile, and which bypass the CODELCO resource management pumping stations, which were originally built illegally by labor procured from the nation of Bolivia, through previously agreed upon international, and bilateral governmental agreements between the two nations, which were later coerced otherwise by the nation of Chile. This is why the decision to enforce sanctioning penalties, and monetary compensation as well as reparations for the disabuse and anguish of the local populations which depended on these resources.

Judgement for the Plantiff Bolivia and all known correspondents shall be rendered as thus:

Decision One(1): The Dual Chilean Pipelines numbered as One(1) and Two(2) shall be confiscated by the Court, and requisitioned to the Government of Bolivia Immediately.

Decision Two(2): A Trust Fund shall be established to aid the Bolivian Government in managing the sale, and management of the aforementioned pipelines for a sum that is not to (e)xclude US$1.25 Billion. This Trust Fund will be setup and Maintained by a court appointed auditor This decision shall be rendered thus valid, and sanctioned by the Court.

Decision Three(3): A further confiscation of the gross receipts and revenue of the pipelines built on the Bolivian side of the border shall not (e)xclude an additional US$2 Billion in damages related to the default of the use of the previously built CODELCO Intake Pumping Stations which were built by the Bolivian Government, and were subsequently rendered useless by the Chilean Governments actions, on both sides of the Chilean, and Bolivian Borders. These receipts will be a furtherance of the amount set aside in the trust fund for the Bolivian people as explicated in Decision Two(2).  

It is my intention with the seizing and procurement of these resources that the people of the Silala River Valley shall be hereby apportioned an appropriate amount of fiduciary compensation, so as to compensate them, for past intransigencies which led to their superior plight of a lack of adequate drinking water, and that this plight, which was caused by artificial, and superficial instances by the Chilean Government, and associated entities, was wholly unjust, and responded to in a mediocre, and pileous way by the Entities involved, including the international community. It is doubtful that the resolution of this case, by these methods, will fully satisfy the peoples of the Silala River Valley, or this courts appetite for recompense, for such egregious transgressions, by parties who’ve long participated in the suffering of the Bolivian peoples in this part of the World. Nevertheless, the inclusion of this settlement between all interested parties, will hopefully play an important part to bringing issues of plight, and suffering, which have often plagued the Bolivian peoples, to light, and added to what has been a complex interweaving of chapters throughout the histories of both countries, as they settle their domestic, and international relations between one another peaceably, and without further cause of harm to the environment, their respective peoples, or their current standing amongst the international community as pertains to the parties involved.

Judgement shall be rendered as such.

Associate Justice Kevin Michael Miller

International Court of Justice

Geneva, Switzerland

11/13/2022

Signature :

              

A Moment Of Your Time..., Character Building Exercises, Lifestyle, Pre-Wordpress Papers

Working on a New Book!

Video Leave a comment

I’ve recently started working on a new book, that outlines my history up until this point in my life. It’s a memoir, and I’m completing it next month. I’m hoping to have it published by the end of the summer, and begin promoting it. While reminiscing, I found a copy of the 1999 movie “American Pie” and its soundtrack, on Spotify. I decided to include the video of one of the songs by Super Transatlantic on the soundtrack called “Super Down”. I’ve included a link to a youtube video of the same song, and I hope you like it. Enjoy!

Pre-Wordpress Papers

International Monetary Fund IMFx Course: Monetary Policy Analysis and Forecasting

Leave a comment

As I stated earlier, I’ve been taking courses at the International Monetary Fund via the Edx.org online learning MOOC platform. MOOC’s, or Massively Open Online Courses, allow individuals to take classes from world leading institutions, and partners, and learn from some of the best, and brightest minds, on the chosen subject matter. To better explain what they are, I’ve found this video, which can be accessed below for the IMF course: Monetary Policy Analysis and Forecasting. Later, I hope to post more video about other courses at the IMF. I hope you enjoy this teaser video as much as I have!

Monetary Policy Analysis and Forecasting IMFx on edX.org (Credit: International Monetary Fund)
Domestic Affairs, East Asian Affairs, European Affairs, Fiscal and Monetary Affairs, Fiscal and Monetary Theory, Middle Eastern Affairs, Near East South Asian (NESA) Affairs, Non-Proliferation Affairs, Pre-Wordpress Papers, Russian Affairs

Update: Instagram Blog Up and Running 8/11/2022

Leave a comment

Dear Kevin’s Politics Bloggers, and Bloggettes, I’ve recently been learning the functions of the instagram app, and can now say that the Instagram.com blog is up and running. It’s a platform that allows me to post videos, which are sometimes longer than 30 minutes, but easier than me sitting down, and writing everything for you. Their also mostly (I hope!!!) easier to look at than just sitting here, and reading the traditional blog post. Recently we celebrated 9 1/2 years of Kevin’s Politics Blog, and I would like to say that we have come a long way. The most recent Instagram.com blog post is about the recent provocations in the Taiwan Strait, Oil Supply, follow on Exogenous Shocks to Emerging, and Advanced Economies, and more. I encourage you to look at it at the following address:

I’ll also embed a live feed to the account above.

Thanks, Kevin Michael Miller, Founder and Lead Blogger @ kevinspolitics.com

Domestic Affairs, Fiscal and Monetary Affairs, Fiscal and Monetary Theory, Pre-Wordpress Papers

Policy Note: USA Vs. India Banking Crisis

1 Comment

The United States which recently went through the turmoil of the 2008 financial crisis found that it was precipitated by the relaxation of government regulations, across a multitude of sectors and government agencies. Krugman is right when he says that the attempt by the government to make housing affordable by offering prime, and eventually subprime mortgages through GSE’s was not the reason for the mortgage crisis. However, Agarwal et al, are also correct when they mention that the defaulting of loans, was partially the result of government interventions in the housing market, which caused a ballooning of subprime mortgages, and credit default swaps. Such is a similar case in India, which recently went through a liquidity crisis, which was resolved through the cancelling of certain types of bank notes, which needed to be exchanged for new ones in a certain amount of time. The replacement of these notes is not necessarily what precipitated the crisis, but rather the timing of the note exchange, and the long lines which one would have to endure an order to receive the new notes, is what led to the banking crisis in India.