The Federal Reserve needs to remember that playing God and trying to modify the laws of nature carries important risk. Like Dr. Frankenstein who perished at the hand of the creature he created Dr. Bernanke will see his creation destroy his legacy. The question now is when? Read more here: http://www.investoffshore.com/the-frankenstein-economy/ From the Financial Times - The Federal Reserve under Ben Bernanke has been the only serious economic actor in Washington - http://on.ft.com/YlTSOb From - Paul Craig Roberts about the latest jobs report: The presstitute media attributed the drop in the headline unemployment rate (U3) to 7.7% from 7.9% to the happy jobs report. But Rex Nutting at Market Watch says that the unemployment rate fell because 130,000 unemployed people who have been unable to find a job and became discouraged were dropped out of the U3 measure of unemployment. The official U6 measure which counts some discouraged workers shows an unemployment rate of 14.3%. Statistician John Williams' measure, which counts all discourage workers (people who have ceased looking for a job), is 23%. Heads Up! - SEC hits Illinois with securities fraud charges: http://tinyurl.com/b2sooew ... https://www.youtube.com/watch?v=cDLrqjCOuG8

Jersey as a Financial Jurisdiction - The largest of the British Channel Islands, Jersey has been at the forefront of the financial services regulation for over 20 years and is one of the World's leading International Financial Centres (IFC). As a jurisdiction, the Island is recognized for its strong tradition of corporate governance and its robust regulatory regime. Jersey has a unique constitutional position. Although its allegiance is to the British Crown, it is not a part of the United Kingdom and is not represented in the British Houses of Parliament. Jersey therefore has constitutional rights of self-government and judicial independence. This independence has allowed the Island's government to establish a stable political and fiscal infrastructure in which the industry can develop. This has added to the Island's reputation as a reliable jurisdiction for investors, fund promoters and asset managers from across the globe. Another reason Jersey has proven to be a popular IFC for so long is the mature and tested legal system. The sophisticated legal framework the Island can boast is at the foundation of Jersey's finance industry. The continued developments and enhancements being made ensure flexibility and attractiveness to both domestic and international markets. The regulatory system is another area with a proven track record and the Island is internationally recognized as one of the best regulated IFCs. In terms of substance and what Jersey can actually offer, its strengths lie in the sheer variety of products and services that competing jurisdictions find difficult to match and the tax-neutral environment in which it operates. There is no Capital Transfer Tax, Capital Gains Tax, Value Added Tax, Withholding Taxes or Wealth Taxes, thus providing tax certainty and fiscally efficient cross-border investment. Source: http://www.investoffshore.com/jersey-as-a-financial-jurisdiction/ ... https://www.youtube.com/watch?v=qu1HBL7DIz0