Offshore Banking – Fiction Vs Fact

FICTION: Offshore banking can’t be that good because they can’t really pay the high interest rates they offer. If they could really pay those rates then U.S. banks would try to be competitive and have the same interest rates.

FACT: Examine closely the financial statements of any U.S. Bank. You will see that their “gross” profits against customer deposits can range from 25% to 40% — but — they have laws written in stone to limit the interest amount they can pay customers on their deposits. The U.S. banks place their earnings into unnecessary frills and non-productive expenditures like fancy buildings etc., while offshore banking facilities don’t do this and share their profits with their customers.

FICTION: Offshore banking isn’t regulated, so you are at risk of losing all money deposited with them.

FACT: The truth is that every country in the free world has regulations, rules and laws governing financial institutions and banks. Those regulations, rules, and laws, however, are much less restrictive than the “protectionist” U.S. banking regulations, rules, and laws and allow the offshore banking industry better opportunity to earn much greater profits for their investors and depositors.

FICTION: Offshore banking facilities are not insured by the F.D.I.C.

FACT: Some of the banks are but not that many. If they are, they must comply with the same protectionist banking regulations and rules as all the other F.D.I.C. insured banks. But, the majority of offshore banking facilities are insured; one way or another.

Depositor insurance programs similar to the F.D.I.C. program have been established in some countries, so that the banks in those countries have their deposits insured. Independent insurance companies insure the deposits of offshore banking facilities in other countries AND unlike the F.D.I.C., insure 100% of the banks deposits; not just those under $100,000. (By the way, some of the banks in the U.S. insure their deposits with independent insurance companies and many banks in the U.S. are not F.D.I.C. insured)

Offshore banking is “self-insured” for the most part which means those banks have a liquidity factor equal to 100% (or more) of the deposits on the books. Those banks have $1 (or more) in liquid assets for every $1 held on deposit. Therefore, there is no bank run because they can cover any depositor demand.

Self-insured offshore banking is actually more secure than F.D.I.C. insured U.S. banking. Why? Because the F.D.I.C. insured U.S. banks are permitted to maintain a liquidity factor equivalent to approximately 10 percent of their public deposits. (Is it any wonder why more U.S. banks fail each year than in any other country?)

Which kind of bank would you feel more safe having your money in? An offshore banking institution which as one dollar in cash for every dollar on deposit, or a U.S. bank which as ten cents in cash for every dollar that shows up on the deposit statement they give their clients?

FICTION: Offshore banking isn’t as big or strong as U.S. banking.

FACT: Of the strongest and largest big banks in the world (in assets), one bank ONLY is located in the United States:

Here are the safest offshore banks in the world, according to a ranking done in 2007 after examining their total assets in US dollars. This ranking is compiled from balance sheet information included on AllBanks.org

1 UBS AG Switzerland 2 Barclays UK 3 The Royal Bank of Scotland Group UK 4 Deutsche Bank AG Germany 5 BNP Paribas SA France 6 The Bank of Tokyo-Mitsubishi UFJ Ltd Japan 7 ABN AMRO Holding NV Netherlands 8 Societe Generale France 9 Credit Agricole SA France 10 Bank of America NA USA

2008/2009 UPDATE AFTER THE FINANCIAL COLLAPSE OF 2008

Germany’s largest bank, Deutsche Bank AG, reported a fourth quarter loss of about $6.3 billion. A year earlier, the bank posted a profit of about $1.3 billion (1 billion euros), Bloomberg reported.

Royal Bank of Scotland is expected to post losses of as high as £1.7 billion.

Bucking the trend is a bank not even on the list above and that bank is Standard Chartered bank which is expecting to post profits of 1.3 billion pounds. I have a contact who can help you open an account at this bank for your company if you desire to do so. The account would be in Hong Kong.

Another bank I know about is rated AAA by an independent rating service and if you are not from the U.S. or if you are from the U.S. and have a foreign LLC or IBC to open the account with then you can deposit $15,000 and get involved in their borrow low and deposit high program which has earned depositors as much as 100% per year on their deposit. It is easy to open an account there.

FICTION: Offshore banking must not be very good, or more facilities would advertise their services in newspapers and magazines in the U.S.

FACT: Offshore banking in general is restricted by law from advertising in magazines, newspapers, radio and on T.V. unless they come under the same protectionist rules and regulations that are placed upon U.S. banks. Knowing that, you should be cautious about doing business with any offshore banking facility that publicly advertises in the U.S. media. Because you can be very sure that they have sold-out to the U.S. banking establishment and that establishment will end up selling you out to those who make the rules.

FICTION: Offshore banking is only for the wealthy.

FACT: About 25 years ago, that may have been true. But I know of about three offshore banking facilities that will allow you to open an account for as little as $500. One of these is in the Asia, another in Europe, and another in Latin America.

FICTION: Opening an account at an offshore banking facility is too difficult, and it is very difficult to get a withdrawal when you need it.

FACT: Opening an account at an offshore banking facility is easy because you just follow the instructions they give to you. Getting your money out only requires a request that you fax or email with an attachment included.

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The Good Thing About Postpartum Ayurvedic Medicine

There nothing as great as being a new mother. The period after birth is known as the postpartum period. When you give birth, you will be happy because you have given life. Those around you will also be happy. This is also a hard time for a mother because they go through many changes. The changes are both mental and physical. Your body will start adjusting as you change from being pregnant to being normal. There will also be hormonal imbalance as your body eliminates pregnancy hormones and produces new mother hormones which are necessary for milk production. This can cause you to have mental issues like easy irritation, mood swings, among other things. As a new mother, you will also worry for your child and will only want what is best for them. You will have to worry for your child health and well-being as well.

The other area of concern in the postpartum period is the health of the mother. The mother has to be monitored for any bleeding and other complications. The intensity of medical attention may be different for mothers who have given birth normally and those who have given birth through caesarian section. Those that have gone through caesarian surgery will be given more attention to avoid any complications that may arise. It is also vital that the mother nutrition is checked. For better health, a new mother should eat nutritious food. A new mother can also be taken care of using postpartum Ayurvedic medicine. Below are vital aspects of postpartum Ayurvedic medication.

Postpartum Ayurvedic medication is vital when it comes to feeding your baby. Your baby has to be fed so that they can grow up healthy. Lactation milk is the main source of food for the baby. A mother’s milk contains all the vital nutrients required for the growth of your child. If your child does not get enough lactation milk, they will grow up weak. Their immune system will also be weak and they will be vulnerable to being attacked by various ailments. It is, therefore, vital that your child gets enough lactation milk. However, sometimes a mother may not be able to produce enough lactation milk. One of the ways to improve the quality and quantity of lactation milk is by eating healthy. The other vital way to ensure there is enough milk production, you have to take Ayurvedic postpartum medicine.

One of the best Ayurvedic medicines is the nulacto granules. These medicines are helpful to mothers that gave birth through caesarian section. Nulacto granules will assist if you have lactation problems. They are also vital because they can ease the back pain a mother feels after giving birth. This drug is made from herbal ingredients. The drug does not have any negative side effects that can affect the mother or the new born baby. When taking this Ayurvedic medicine, the dosage is not same for all mothers because the severity of lactation problems is different for different mothers. It is vital that you confirm from an Ayurvedic medication specialist so that they recommend the right dosage.

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Top Considerations to Make before Seeking the Services of an Addiction Recovery Center

Any person that is a victim of addictive substances will tend to have a low-quality life since their mental health will be adversely affected and their productivity will also be low. When you want to make sure that you’re going to eliminate the addictions you have been fighting with for a long time, it is essential for you to seek the services of a reputable addiction recovery center. So that you are going to be able to identify a reputable addiction recovery center to seek services from with a lot of ease, there are certain things that you need to know. By reading this article, you will discover more about some of the things that you need to consider before seeking the services of an addiction recovery center.

One of the best factors that you need to consider before seeking the services of an addiction recovery center is on the quality of the addiction treatments that they’re going to offer. As you probably know, the process of recovering from an addiction is usually very hectic especially when the withdrawal symptoms kick in. Ensure that you therefore enroll in a high-quality addiction recovery program because this is going to ensure that you see quick results during the recovery journey from the addictions you have been suffering from. With high-quality addiction recovery programs, you’re going to be provided with the best medication and also be guided by highly trained addiction recovery professional. So that you can therefore derive a lot of satisfaction in the recovery journey from your addiction and also obtain a lot of value for your money, it is important that you seek the services of an addiction recovery center that will offer you high-quality treatments.

Another top consideration that you should make before seeking the services of an addiction recovery center is on the cost of the treatments. As you seek treatments for your addiction during the recovery process, you should make sure that you are very cautious about the costs that you are likely going to incur. If you want to ensure that you incur the lowest cost for your addiction recovery treatments, it is advisable that you work with an addiction recovery center that is going to offer you the best price guarantee. With a reduction in the treatment costs, you will therefore be able to make huge savings on your money. For more interesting articles about the other best factors that you should consider before using the services of an addiction recovery center, ensure that you check out this link.

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Questions About You Must Know the Answers To

The Rights of Maritime Workers

Most countries are experiencing an increased demand for maritime workers. Some people fear to take training that will lead them to maritime jobs. Workers in the maritime industry are exposed to a large number of risks. Understanding the rights of the workers can help to reduce fear among learners to take out the maritime courses. Workers get to have peace of mind with a proper understanding of their rights within the maritime jobs. People can create interest with maritime jobs by reading maritime worker injuries to get a proper understanding of their rights enabling them to have peace of mind.

Individuals working in the maritime industry are protected certain laws. People injured within the workplace due to the negligence of other individuals are entitled to compensation according to Jones act. The workers should be compensated for medical expenses. Pain and suffering of the workers are among the issues that need to be compensated. Present and future loss of wages need to be compensated. The workers should visit maritime worker injuries learn about other losses which need to be compensated. Employers need to have proper understanding of the employee rights to avoid financial losses.

Employers are liable for ensuring the safety of the equipment and proper working conditions. Workers should be trained on the requirements for the given positions. The companies are liable in case of assault of the employees by their co-workers. Proper working conditions is a necessity for the maritime workers. The warning signs should be properly placed for visibility by the workers. Companies should consider maritime worker injuries to understand their responsibilities in ensuring employee safety. Overtime resulting in fatigue calls for compensation of the employees.

The cure and maintenance require employees to get compensation regardless of the incidents in which the accident occurred as long as it’s within their duties. Rent and food of the injured are covered according to maintenance and cure. Marine workers dealing with navigable Waters are entitled to compensation according to the Longshore and harbor workers policies. In case of disabilities, the employees are entitled to compensation. In case of death the dependents such as spouses and children should be compensated according to maritime worker injuries.

In case of accidents the maritime workers should be aware of the right procedures to follow for their compensation. Experienced maritime attorneys are of great importance for the workers to achieve their compensation in case of accidents within their duties. Information regarding the right procedures for the maritime to get compensated can be acquired from maritime worker injuries. Employee should give priority to reputable maritime attorneys.

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