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Showing posts from March, 2013

Golden Jackass: USD Ring-fenced and Check mate

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Whilst it is rare that I disagree with the Golden Jackass on this occasion I think he has it wrong, he underestimates the fascist nature of the United States of America. Whilst his warning, " The sunset of the US Dollar has a blueprint. As a personal embroidery, let me state that this article is the most important the Jackass has ever written. Let it be taken seriously for its grave somber message. " Should not be ignored there is no discussion of the one thing that the US does have, which is the biggest stick. Will the US be tempted to starting hitting out? Wallerstein's theory of Global Economic Hegemony maintains that the hegemon can only change as a result of 30 years of 'war' (but this does include counting the period 1914 to 1945 as one long war rather than two with a break in the middle, which is arguably true). The US is currently engaged in multiple wars and some would say including upon its own citizens who they are now trying to disarm; ...

Cyprus: The Penultimate Death Rattle of Fractional Reserve Banking

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Roll on April 3rd and I shall be heading of to Limassol with the sole aim of laying down a tan for the summer. My destination was chosen at the last minute and I managed to get quite a deal on a trip to Cyprus. After two weeks the banks in Cyprus have re-opened their doors; the Russian Oligarchs having moved their money from the Cyprus bank to the Russian subsidiary prevented Russian intervention in the situation and protecting deposits under EUR100,000 will allow the politicians a fair shot at getting re-elected so no harm done? The Circle Bastiat blog  on the contrary believes that this is the penultimate act in the end of fractional reserve banking, paving the way for a return to 'the gold standard'. The “Cyprus deal” as it has been widely referred to in the media may mark the next to last act in the the slow motion collapse of fractional-reserve banking that began with the implosion of the savings-and-loan industry in the U.S. in the late 1980s. This trend con...

Appeals from the Ecclesiastical Court of Jersey

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I have been intrigued by the recent discussion of the legal framework for matters bought before the Ecclesiastical Court of Jersey. For those of you not so interested in religion as I there are one or two points which are worth noting; firstly the Church of England is largely a 'Catholic' church and not a 'Protestant' or 'Dissenter' church and therefore the overarching law is Canonical Law. Cases normally originate in the tribunal of the particular church (i.e. the diocese or eparchy) of the parties to the case. This tribunal in canon law is called the tribunal of first instance. The bishop of the church possesses the power to judge for his church; however, since the bishop has many different duties in his diocese, most cases are handled by judges whom he appoints, led by a priest known as the judicial vicar or officials. The appellate tribunal is known as the tribunal of second instance. Normally the second instance tribunal is the tribunal of the met...

RIP OFF STATES OF JERSEY

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I have been investigating  RIP OFF STATES OF JERSEY quite closely by applying the following formula to the financial results of companies in similar industrial sectors. Profit Margin (Profit after tax/Turnover) This formula applied to British Telecoms 2011 financial results  reveals profit margin of (£1.5 billion/£20 billion) or 7.5%.  When we apply this formula to the results for Jersey Telecoms 2011  profit margin of (£12.25 million/£108 million) or 11.3% Jersey Water 2011 makes for more interesting reading with a profit margin of (£4.6 million/£14.8 million) or 31%.  By contrast Yorkshire Water  which you may be interested to note is owned by a company registered in Jersey made a loss every year since 2009. Jersey Electricity 2011  had a profit margin of (£8.6 million/£100.5 million) or 8.55% whilst Scottish and Southern Electricity had a 2011 profit margin of (£1.5 billion/£28.3 billion) or 5.3% The question then is why does t...

Don't get a lawyer appoint a Guardian Ad Litem instead

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One of the greatest problems in the modern age is that many people are simply not capable of representing themselves before a Court, a Civil Service department or tribunal. The  Legal Definition  for a 'guardian ad litem' is a  guardian appointed by the court to represent the interests of infants, the unborn, or incompetent persons in legal actions.  Incompetent is  'not having the necessary skills to do something successfully'. Ad Litem means for the purposes of a Court action and therefore distinguishes from a guardian as the Guardian Ad Litem has no control over the person or property of the person they are appointed to represent in Court. Therefore any person who lacks the skills necessary to properly adduce a case before a Court or to speak before the Court is entitled to appoint a Guardian Ad Litem of their choosing who will as far as the Court is concerned be them in any proceeding. Appointing a Guardian on the grounds of mental health  [20...

Is Jersey ready to get back into shape?

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Recently having decided that my physical condition had deteriorated too far I decided to take up yoga. It is so easy in the busy life we lead to neglect physical fitness and obviously the effects will not be felt straight away, the gradual deterioration of physical fitness creeps in numerous small stages which often pass unnoticed. Our States members do not develop those guts overnight it is only through a long succession of free lunches. But three years later when they come to stand again and they look at those election posters from the last campaign well then the physical decline really hits home. Now a few weeks in to my new training program I can almost make it through the ninety minutes, a couple of the poses are just too hard still so I sit a few seconds out of each one. My flexibilty, strength and balance are all improving. I know where I want to be but at the moment it is just too much, but lots of small steps will get me there eventually. I am already feeling the benefi...

Taking the auspices - Rand Paul 2016 and Option A

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Regular readers will by now know that I quite happily walk not quite in step with the rest of the world; to question quite literally every assumption that most people are happy not to consider at all and to accept some things as true which most would reject without any consideration whatsoever. My working hypothesis on astrology is that as we all exist in a gravity plane and as that gravity plane is distorted by the motion of major masses it is entirely possible that the orbits of the planets by acting on the gravitational plane on which we reside can have definite but as yet undetermined consequences for our daily lives. Now this may or may not be true, but as a hypothesis it will remain my working theory, until such time as it is proven to be incorrect. (And yes I did read some astrophysics at university and none of the 'science' contradicts the hypothesis). This reading for the forthcoming month particularly piqued my curiosity so I am posting so I can come back and lo...

JACS serves neither employee or employer but tyranny

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So the Employment Tribunal has come and gone and having taken the advice of my legal friend I have been fleeced of some £487.50 by a highway-woman with the willing assistance of JACS and the Employment Tribunal. Of course it has cost the taxpayer some £10,000 to rob me of £487.50 so I'm sure that that is your money well spent. However the process did drag on for some eleven months, quite unnecessarily but I was dealing with an incompetent, not only an incompetent applicant but an incompetent JACS. The standard procedure for resolving disputes, that would be the procedure adopted by a reasonable man is quite simple. You write a letter stating your grievance in full, as part of stating that grievance a sum expressed in terms of legal tender that is required to settle the matter should be included. The respondent (the person who is responding to your grievance) should then reply to you and state any areas of your grievance which he disagrees with, and which areas of your grie...