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A Better Jersey / Re: Le Pen meets her Russian sugar daddy
« Last post by Jerry Gosselin on Today at 07:31:26 AM »
This photo opportunity in Moscow with her string puller Vlad will surely sink her election boat for good:

https://www.theguardian.com/world/2017/mar/24/putin-welcomes-le-pen-to-moscow-with-a-nudge-and-a-wink

There can be no doubt now that the Russians are trying to influence the French presidential election in her favour and my personal opinion is that this will not go down well with undecided French voters... but what do I know!
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General Discussion / Re: Jersey is not a tax haven
« Last post by shortport on Yesterday at 04:10:35 AM »
This might stop Geoff Cook grinning
https://www.bna.com/eu-mulls-tax-n57982084647/
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General Discussion / Re: Jersey is not a tax haven
« Last post by boatyboy on March 23, 2017, 03:44:35 PM »

Interesting item shortport this keeps the register of companies secret for Jersey and crown dependencies but not for others:

UK MPs unite to push for greater transparency from tax havens,

https://www.theguardian.com/world/2016/dec/20/uk-mps-tax-havens-criminal-finances-bill-overseas-territories

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5

Britain’s high street banks processed nearly $740m from a vast money-laundering operation run by Russian criminals with links to the Russian government and the KGB, the Guardian can reveal.

HSBC, the Royal Bank of Scotland, Lloyds, Barclays and Coutts are among 17 banks based in the UK, or with branches here, that are facing questions over what they knew about the international scheme and why they did not turn away suspicious money transfers.


https://www.theguardian.com/world/2017/mar/20/british-banks-handled-vast-sums-of-laundered-russian-money

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Local Media Reporting / Re: JEP- is it worth buying ?
« Last post by ageofaquarius on March 21, 2017, 01:42:51 PM »
Why does jep online still have ancient news on the top line - its so amateur - the very least they could do is keep it updated.
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General Discussion / Re: Jersey is not a tax haven
« Last post by Jerry Gosselin on March 20, 2017, 09:25:09 PM »
Whoever wrote that is clearly not a politician or a career civil servant!
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General Discussion / Re: Jersey is not a tax haven
« Last post by shortport on March 19, 2017, 11:41:13 PM »
Seems like Jersey isn't the only tax haven to lose its way.
Came across this article in a recent British Virgin Islands news article.

Paradoxically, and with all the new found wealth, poverty, crime, mental illness and loneliness are all on the increase. Commentators and academics will argue that this is the price you pay for modern prosperity. This Old Boy is not that certain it is.
The Virgin Islands has forgotten that true prosperity is not the number of large homes that sit on the hill, and the Cadillac in the garage. True prosperity is a state of heart that understands that true wealth begins with love of community, good character, and trust.
But whose fault is that? Like everywhere else, we love to blame others for society’s woes. We forget that the problem with the material culture is that it comes with terrible baggage: greed, selfishness, even wickedness. But, for certain checks and balances in place, a feature of Overseas Territories watched over by an “aloof” but “frugal” Britain, many a Caribbean jurisdiction would be in bankruptcy today, with even greater and more grievous social consequences, such as dire poverty and unsustainable crime.
For all the “talk about independence” Whitehall, or the Foreign and Commonwealth Office, remains a critical link and artery buttressing and maintaining fiscal responsibility in Overseas Territories. But for British oversight, the lid on financially irresponsibility would have been twisted off, emptying treasuries in OTs and exponentially increasing deficits and overspending, leading to increased poverty and slowing economic growth.
Overspending is not synonymous with economic stimulus. Stimulus is intelligent and thoughtful economic policy. Stimulus is always conducted with economic sustainability and viability as a backdrop.
Being a faraway “overseer” of overseas territories, British oversight has attempted to stem the flow from the burst pipe of fiscal irresponsibility in many countries she oversees.
At the root of this “excessive and ostentatious governing culture” are the greater excesses of a ‘stupid rush’ for the material by populations who starting in the late 1970s became prosperous as defined by western social and economic theory.
Government is not a gravy train, but a manager of scarce resources. However, government and governed are in a symbiotic relationship. Government is a reflection of the wider culture. And whatever drives that culture drives government.
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General Discussion / Re: Speeding and lowering the limit.
« Last post by Jerry Gosselin on March 19, 2017, 10:05:59 AM »
Does anyone know whether the sudden appearance of black cables strewn across many roads in St Helier is connected to Crowcroft's outrageous plan to impose a 20 mph speed limit on all roads within the ring road? They are obviously recording some sort of data about cars as they drive over these cables but what is it all in aid of? Yesterday I noticed them by the Mayfair Hotel and also around the corner in Providence Street, then again in Belmont Road and also in St Saviours Road. There may be an innocent reason but I somehow doubt it. I suspect the parish is planning its next attack on motorists. If not the 20 mph limit then maybe they're conceiving yet another crackpot pedestrianisation scheme on the quiet?

Crowcroft needs revenue quickly to cover the hundreds of thousands he's thrown away on that court case and there's an election in 12 months (not that anyone is ever brave enough to oppose him). New fines for speeding at more than 20 mph would provide a perfectly-timed cash bonanza that will carry on paying out for years - until he succeeds in banishing the very last car from St Helier and then the tap of plenty will have finally run dry...

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