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Showing posts from September, 2013

The Public Markets Trust and GST

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The matter of whether or not the leases of the Public Markets are subject to Goods and Services Tax is the subject of the ongoing case before the Royal Court of Jersey. Whilst I am one of the parties I hope to be able to demonstrate the situation and the matters that the Court will have to consider in an objective manner. For simplicity's sake I have not written the full arguments which are now over 400 pages long and hope I have distilled the essence of the matters under consideration. The following shows the importance of determining the capacity and status of all 'persons' be they human being, corporation, trust or similar. The leases of the Public Markets are signed between 'the Department of Public Services and Environment for and on behalf of the Public of the Island of Jersey' and each stallholder. So the first step is to determine who the parties are, who the agents are and who is providing what service and to whom. To me it seems that 'the ...

Compelled to Rebellion

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In 1762 Jean-Jacques Rousseau wrote the treatise “ Du contrat social ou, Principes du droit politique ” [Of the Social Contract or, Principles of Political Rights] a seminal work on the organisation of human societies which continues to be the subject of study to this day. However in the intervening two hundred and fifty years there has been significant development in the framework of government and it is these that I look at in this essay. There follows an extract from ‘The Unanimous Declaration of the thirteen united States of America’ (hereinafter referred to as ‘the US Declaration of Independence’). We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.--That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Governme...

Golden Jackass: US Dollar As Money, Myths, Lies, Deceptions and Millstones

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Many are the myths held so firm by the public. Many are the lies told so boldly by the leaders. Many are the millstones around the neck of the system that is fast losing its momentum. Many are the frauds committed routinely in full view. The entire US system is unraveling, myths exposed, lies contradicted, while the millstones weigh down the financial and economic system. The absent Gold Standard, the invalidity of money, the insolvency of banks, the toxic nature of sovereign debt, the illegitimate money, the intrusive debilitating central bank franchise system, these are grand millstones around the neck of the Western system. The current monetary policy is killing capital, a fact not observed by 5% of working economists, the harlots working closely to policy making. The nation is hurtling quickly toward systemic failure in every conceivable frame of light. A quick review should be revealing of myths, lies, deceptions, and millstones. USDOLLAR AS MONEY The greatest myth of all is t...

The Complete German Election Preview: The Worst Case Scenario

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The 2013 German federal elections may bring about pretty complicated results. With Merkel's junior coalition partner's (FDP) support dropping below the mandated 5% to enter parliament (according to polls), as Deutsche Bank notes, there is no point in working through the numerous possible coalition scenarios and options. In that case, the task of governing Germany and providing joint leadership in European affairs will become much more complicated than it used to be in normal times of a clear-cut victory for one camp. All inter-camp coalitions may well have a built-in tendency towards paralysis and require special political tricks that allow the partners to show their true colours in clearly circumscribed policy issues while not rocking the boat. A few years from now, September 22, 2013, might be remembered as the day when German politics finally became normally complicated, as in other countries, too.There are two major political narratives that appear dominant currently. I...