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Depositor Compensation Scheme - The Mahachohan - Submission - 28 September 2009

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STATES OF JERSEY Economics Affairs Panel Depositors Compensation Scheme Monday 28th September, 2009

Summary of Evidence given by The Mahachohan

Life has given Humanity the Freedom to experience Life on this Beautiful Earth as each Individual or Group/s Choose for the Purpose of experiencing Great Beauty, Abundance & Joy & for the Actual Caring for this Earth..

So once  a Choice is  made, the Responsibility  for That Choice lies Solely with the Individual or Group/s as is the Action taken & the Experience that follows. Groups can be Companies in the form of Banks, Financial Cos., Charities, Education, Health, Music, Sport, Governments , Security etc..

This Truth, This Principle is the same for all & can be seen & practically demonstrated by each Individual or Group asking the question am I responsible for My Choices, My Decisions, My Actions & the outcome?' The Answer is Crystal Clear. Yes I AM.'

Thus, The Truth is that no individual or group can actually be protected or compensated for Choices & Actions they' freely make.

Equally no-one including Governments can actually guarantee the actions of individuals or groups.

So all Schemes' to allegedly do so are pointless, valueless & in Truth give no actual Comfort to anyone.

Also of possible NoteAny Compensation Scheme' may well give false comfort to those Marketing' the Financial Services of Companies who have held their Depositors' Monies in Trust but have somehow lost' these monies!!!!.BUT, how can it be Wisdom to give The money belonging to the People of this Beautiful Island to those very same Groups??????? ..with only a possibility of recovery through using Legal Procedures not yet in place & at Great expenditure again of The Peoples' Money from wherever those Monies are being held on Earth?

What WILL GIVE GREAT COMFORT if not immediate Joy, is to give The Truth to The People & Groups so that ALL Choices made are actually Transparant and will Actually give Great Comfort & Joy . I ask you all with Respect, will you now Dare to give the Public The Truth?????

THE MAHACHOHAN