Thursday, 3 November 2016

INSTANT VIEW: UK High Court in direct attack on democracy over Brexit

UPDATED: We believe High Court should be held to account for corruption by Supreme Court. The High Court has launched a direct assault on the people of Britain by ruling that their Brexit referendum vote is invalid without Parliamentary approval. Will the people rise up against this legally nonsensical decision?

the commentator
On 3 November 2016 10:52

Eu_flag_union_jack
Who flies the flag for democracy?

UPDATED: The High Court has ruled that democracy must not be allowed to prevail without elite sanction. That is the only rational conclusion following Thursday's ruling that the June 23 Brexit vote has no meaning unless sanctioned by a vote in Parliament.
We do not accuse the High Court of having taken bribes. However, judges have friends/family/business partners, within the crony system. Within that crony system, support mechanisms are clear, and, in our opinion, corrupt.
The High Court, in our honest opinion, has attacked British democracy in a way that disgraces the British state, and the rule of law.
The Guardian, a news outlet which routinely mocks the people as bigots and xenophobes, reported, gleefully:
"Unless overturned on appeal at the Supreme Court, the ruling threatens to plunge the government’s plans for Brexit into disarray as the process will have to be subject to full parliamentary control."
The paper further reported:
"The lord chief justice said that, 'the most fundamental rule of the UK constitution is that parliament is sovereign”'.
This is nonsensical. The referendum was approved by Parliament.
While The Commentator is shocked and appalled by the rise of populists and demagogues -- such as Donald Trump -- it is no wonder that our democracies are in crisis.
This ruling is a direct attack on the people of Britain, and their democracy.
If this disgraceful (and legally idiotic) decision is upheld, civil disobedience should not be ruled out as a possible outcome.
http://www.thecommentator.com/article/6424/instant_view_uk_high_court_in_direct_attack_on_democracy_over_brexit




UK High Court in direct attack on democracy over Brexit

UPDATED: We believe High Court should be held to account by Supreme Court for crony-style corruption. The High Court has launched a direct assault on the people of Britain by ruling that their Brexit referendum vote is invalid without Parliamentary approval. Will the people rise up against this legally nonsensical decision?


Eu_flag_union_jack
Who flies the flag for democracy?
The_commentator_logo_updated9
the commentator
On 3 November 2016 10:52
UPDATED: The High Court has ruled that democracy must not be allowed to prevail without elite sanction. That is the only rational conclusion following Thursday's ruling that the June 23 Brexit vote has no meaning unless sanctioned by a vote in Parliament.
We do not accuse the High Court of having taken bribes. However, judges have friends/family/business partners, within the crony system. Within that crony system, support mechanisms are clear, and, in our opinion, corrupt.
The High Court, in our honest opinion, has attacked British democracy in a way that disgraces the British state, and the rule of law.
The Guardian, a news outlet which routinely mocks the people as bigots and xenophobes, reported, gleefully:
"Unless overturned on appeal at the Supreme Court, the ruling threatens to plunge the government’s plans for Brexit into disarray as the process will have to be subject to full parliamentary control."
The paper further reported:
"The lord chief justice said that, 'the most fundamental rule of the UK constitution is that parliament is sovereign”'.
This is nonsensical. The referendum was approved by Parliament.
While The Commentator is shocked and appalled by the rise of populists and demagogues it is no wonder that our democracies are in crisis.
This ruling is a direct attack on the people of Britain, and their democracy.
If this disgraceful (and legally idiotic) decision is upheld, civil disobedience should not be ruled out as a possible outcome.
Read more on: brexit

Wednesday, 2 November 2016

Mapletree acquires US student accommodation portfolio

SINGAPORE (Nov 2): Mapletree Investments, the property arm of Singapore’s state investment fund Temasek Holdings, has acquired a portfolio of seven ...

 

SINGAPORE (Nov 2): Mapletree Investments, the property arm of Singapore’s state investment fund Temasek Holdings, has acquired a portfolio of seven student accommodation assets located across six states in the US from Kayne Anderson Real Estate Advisors for an undisclosed sum.
In a Wednesday announcement, Mapletree says this marks its first acquisition of student accommodation in the US, although it currently has a portfolio of serviced apartment / corporate lodging assets there.
The US acquisition comprises close to 6,000 beds across Oregon, Alabama, Texas, Georgia, Virginia and Indiana  bringing the group’s total student accommodation to nearly 12,000 beds across 32 assets in the UK and US. 
According to the group, all seven properties within the portfolio are purpose-built in the last two to three years, and cater to “Tier 1 US universities which have good national rankings” and high enrolments. 
This comes after Mapletree earlier this year acquired a portfolio of 25 student residences in British university locations, for a reported sum of £417 million ($822.5 million). Under the UK portfolio, nearly 6,000 beds are spread across 12 core university cities including London, Oxford, Manchester, Edinburgh, Birmingham and Liverpool.
A source close to Mapletree says the group’s latest acquisitions in the student accommodation segment make its combined portfolio sufficiently significant to be a platform that can be put to investors in the form of either a private REIT or fund.
“In view of the growing demand for quality tertiary education, both from local US and UK as well as international students, we intend to further scale up in these growth markets. Our aim is to build a strong global platform with this defensive and resilient asset class,” says Mapletree’s group CEO, Hiew Yoon Khong.
As at end of FY 15/16, the total assets under management (AUM) in the developed markets of US, UK and Australia were about $3.5 billion and are expected to grow significantly over the next three years.
The AUMs of REITs that Mapletree has listed has been around $1 billion at IPO, and the size of its China Opportunities Fund is $1.4 billion.

Tuesday, 1 November 2016

London mayor Sadiq Khan has confirmed a four per cent increase in the capital's living wage

London mayor Sadiq Khan has confirmed that the capital's official living wage is to climb by 35p to £9.75 an hour.

Monday 31 October 2016 3:15pm
Mark Sands

Olympics & Paralympics Team GB - Rio 2016 Victory Parade
Khan promised the London Living Wage would hit £10 per hour in his first term (Source: Getty)

The decision means that the London Living Wage has now climbed by 17.5 per cent since 2011, with 60,000 employees benefiting from the scheme.
A further 309 firms have signed up to be living wage employers, bringing the total to just over 1,000 firms across the city.
During the election campaign, Khan promised that the living wage would rise beyond £10 during his first term as mayor.
Speaking today, he said: “The London Living Wage is a fantastic campaign and I will be working to encourage more businesses across our great city to get involved.
“This will not only help London become a city where it’s a badge of pride for employers to pay the London Living Wage, but help us become a city where everyone benefits from the capital’s success.”
Labour assembly member Fiona Twycross - who also chairs Khan's London Fire and Emergency Planning Authority - added the increase represented “a welcome step” towards the £10 goal.
"However, we need more low paid workers to have their wages linked to the London Living Wage so it's now over to businesses to recognise that paying properly pays off and to adopt the new uprated London Living Wage for their organisation,” she added.
http://www.cityam.com/252637/london-mayor-sadiq-khan-has-confirmed-4-per-cent-increase

US Election 2016: What does 270 to win mean? How does the Electoral College work?

EITHER Donald Trump or Hillary Clinton will be chosen as the next US president in just over a week, but how does the US electoral system work?

Donald Trump and Hillary Clinton
Donald Trump or Hillary Clinton must clinch 270 Electoral College votes to win the US election
The two presidential candidates are neck-and-neck in the  as the presidential race draws to a close.
Mrs Clinton’s double digit lead has evaporated after  relevant to an investigation into her use of a private email server.  
In the final full week of the campaign, the candidates are set to target key battleground states in order to win all-important Electoral College votes.
What is the Electoral College?
The Electoral College is a body of electors who decide who will become the next US president.
There are 538 electors – one for each of the US’s 100 senators and 435 representatives, with an additional three electors for the District of Columbia.
What does 270 to win mean? 
In order to become President of the US, either candidate must win a majority of the electoral college votes – at least 270.
The most recent Electoral College round-up from RealClear Politics tips Mrs Clinton to win 263 votes to Mr Trump’s 164 – with 111 as yet undecided.
How does the electoral college work?
Rather than directly voting for candidates, citizens actually cast their ballots to choose an elector who in turn votes on behalf of the state.
Following the election, the Electors will meet on Monday December 19 to formally vote for the next President and Vice President.
In all but two states, the candidate who tops the popular vote is awarded all of the states electors.
In Nebraska and Maine the winner is given the first two electoral votes, with the rest allocated on a district by district basis.
Electors are not legally bound to vote for the candidate that they have pledged to back in 24 states, but it would be highly unorthodox for an elector to go against the popular vote.
Votes will be formally counted on January 6, 2017 with the result announced by the President of the Senate and the current Vice President Joe Biden.
Joe Biden
Joe Biden will announce the results of the Electoral College votes as he did in 2012
Can a candidate lose the popular vote but win the Electoral College?
It is possible that either candidate could lose the popular vote but still be elected as President but highly unlikely.
In 2000, George W Bush lost the popular vote to Al Gore by a fraction of a percentage point, but won the Electoral College with 271 votes to 266 after a lengthy dispute over Florida’s votes, which Mr Bush won by a scant margin of 537 votes.

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http://www.express.co.uk/news/world/727149/us-election-2016-270-to-win-electoral-college-work