From the Summit of the Moral High Ground

It is once more my moral duty to report the truth about Jersey's economic situation in the face of a week long propaganda barrage by the States of Jersey and the JEP. On the 14th September the JEP reported the following: STATES finances are doing better than expected, with spending slightly down and income slightly up on forecasts.  Figures released in the run-up to November’s debate on tax and spending plans for the next three years show that the States are performing well, with spending £8.2 million under budget and taxes £13.5 million over the forecast. Firstly it should be noted that 'spending' only counts for those amounts required from the treasury department, it makes not account of the increase in the various fees charged by departments, such as Planning Fees, Social Rentals etc. - any increase in these is actually a 'saving' in government parlance. Secondly, in every annual budget there is a line of expenditure termed 'contingency' t...

Well we have finally made it onto the Max Keiser show... In this episode, Max Keiser and Stacy Herbert discuss the Paul Bunyan banks, which are too big to be true and all flow, no assets. They also discuss the Bermuda Triangle of Fraud and the London disease. In the second half of the show, Max Keiser talks to investigative journalist and author, Leah McGrath Goodman about her being banned from the UK for reporting on the Jersey sex and murder scandal. They discuss the $5 billion per square mile in laundered money that means Jersey rises, while Switzerland sinks.

In the coming week the German Constitutional Court will sit to decide if the ESM is compliant with the German constitution and polls show that 54% of Germans are hoping that it is not. A no vote would severely cripple the European "make it up as you go along" bailout and leave Europe's peripheral nations with little recourse, and Spain with even less cash as it faces a wall of bond maturities in both October and 2013. ( Zero Hedge ). Whilst the  Wall Street Journal  is reporting that 76% of Greeks believe the country is heading in the wrong direction, while 86% aren't satisfied with the coalition government's performance. The Golden Dawn, which was elected to the parliament for the first time during the last elections, would receive 12% of ballots and move up from being the fifth-largest to the third largest party. China holds more gold than any other nation in the world, except the United States (and that is only what the US government tells you) an...

Remember, Remember, the 6th November. I see no reason, the government treason, should ever be forgot. I am often ask why I concentrate on the US, when it has nothing to do with Jersey. Well you could not be more wrong. The City of London is the unregulated 'offshore' finance centre for the United States and all the UK's wealth comes from the frauds and dodgy dealings that the large US companies don't want to do in their own backyard. The UK is economically dependent on the US, Jersey is economically dependent on the UK. At times of direst need it would be a fool who would not expect the US to start to choke the UK and in turn for the UK to start to choke Jersey... it has already happened - no de minimus relief on imports from Jersey and expect more pressure to come on Jersey's financial services. This will not affect the financial corporations of course as they will simply move away, but that would not be good for a bankrupt States of Jersey. Yes the ...

OK I admit I do not have the patience for Photoshop and probably lack the requisite talents too. The fact is that at the last election all manner of promises, good intentions and assurances were trotted out by the usual suspects. Now I am not going to say that they had any intention of lying, deceiving, manipulating or otherwise trying to gain an unfair advantage and in any case the problem is that those who vote simply are not interested in hearing anything other than that which they most want to hear. That some one has told them that everything is going to be all right and if he does not deliver on that promise then there is always the opportunity to vote him out at the next election. But of course everything that is said is true and you need not waste time looking to your own ends, the government has it all in hand. There has been more good news recently, it has been confirmed that: Doctors have found a cure for death, all it will take is the expendit...

Where are the fire-fighters trying to prevent Jersey  from going up in flames? The States are acting more like arsonists  The economic future for Jersey is looking bleaker by the day, when the JEP has to report the 'creation' of 50 new jobs in the hospitality industry to replace the 50 jobs that the previous businesses who occupied those premises before they went bankrupt lost, you know things are bad. AIB is going in January and taking with it over 200 REAL jobs with wages above the minimum and I find it highly unlikely that the States are going to cut the 50 MAKE-WORK jobs in various departments which the loss of the tax revenue from those workers will necessitate. Despite the best efforts of our local hoteliers, tourism in Jersey is rapidly declining. It is not for any other reason than we have lost our unique selling point; we are no longer a low-tax jurisdiction. The idea of budget hotels is foreign to Jersey, the taxes and landing charges also act to dissuade ...

I have been imagining what I would do in the position that many of those who are employed by the States of Jersey find themselves: Limited intellect and ability Poorly educated by the States of Jersey Narrow minded without worldly experience of life Frightened of hard work Offered a 'job' which pays a ridiculous amount of money whilst requiring no actual effort No opportunity to fail whilst having no opportunity to succeed either Content to let my life slip away without making any recognisable contribution to humanity The opportunity to abuse the little authority granted to them and make others lives a misery whilst compensating for their own sense of self-worthlessness I can see that these small people who have lived there entire lives in fear of the truth about them being discovered might find such an opportunity appealing. The saddest part is that it is people like these who make up the majority of the Western world. For the collective self-delusi...