RISE NOW AND BE A NATION AGAIN !

Today, the Governor of The Bank of England is having a meeting with Alex Salmond about the proposal for an Independent Scotland retaining the Pound. The Governor is then giving a speech in Glasgow.

I'd be interested to hear the discussion, but we'll probably only get the 'spin' afterwards. Keeping the Pound makes sense to me even if it does tie Scotland in to RUK's decisions.

Bob.
 


I don't know about an independent Scotland, it will probably end up being a fractured nation if its something like "yes" 51% and " no" 49%.
Assuming they'll be a much larger turnout of voters than any general election.
There's going to be a lot of pissed off Scottish folk me thinks.
 
A banker apologist talking to a self serving politico. That should be interesting. Scary that the possible future, albeit very remote possibility, of a nation's financial stability could could be significantly influenced by these talks.
 
It's always been clear that keeping the £ would restrict an ind Scotland's room for manoeuvre. The question is whether the economic benefits of having a common currency PLUS the benefits accruing from full access to Scotland's tax take and the ability to vary things like corporation tax and marginal income tax rates would outweigh the disadvantages of the current regime. For me, the disadvantages of the status quo can be seen in the unhealthy way in which London and the SE dominates the UK economy.

I am by no means a definite YES but the status quo is NOT an option and I have yet to hear anything from the NO campaign which would convince me that they have anything other than "business as usual" on their minds.
 
Today, the Governor of The Bank of England is having a meeting with Alex Salmond about the proposal for an Independent Scotland retaining the Pound. The Governor is then giving a speech in Glasgow.

I'd be interested to hear the discussion, but we'll probably only get the 'spin' afterwards. Keeping the Pound makes sense to me even if it does tie Scotland in to RUK's decisions.

Bob.

How open to public scrutiny will the content of these talks be? I wonder how straight up Mr Salmond will be about the talks, will he be economical with the truth?

If the 'independent' republic of Salmondshire decides to retain the pound, which may mean monetary policy being manipulated by England, does that mean that the jocks will still continue to blame Engalnd if the promised land of milk and honey fails to materialise? It's a weird sort of independence these nationalists want. It should be all or nothing.
Having your cake and eating it springs to mind.
 
I don't know about an independent Scotland, it will probably end up being a fractured nation if its something like "yes" 51% and " no" 49%.
Assuming they'll be a much larger turnout of voters than any general election.
There's going to be a lot of pissed off Scottish folk me thinks.

I wonder if the Scots who go over to Northern Ireland and get involved in the sectarianism will stay at home in future and inflame Scottish sectarianism?
Salmon is carefully dividing the Scots in a not good way and making silly demands then passing them off as foregone conclusions. I bet the nationalists can't wait to dictate how the UK runs its currency when Scotland joins Salmon's arc of prosperity. I expect he will enrol the other Scottish financial heavyweight geniuses like Gordon Broon and Fred the Shred to help him :rolleyes:
It gets ever more Alex in Wonderland by the day.
 
So - if Scotland wants to keep the £ it's a NO to financial independence.

That has always been the case - and understood by both sides. Adopting the Euro (if possible given the two year currency stability precondition) wouldn't be any different.

Mark Carney is only voicing the 'what-if' scenarios and their impact on future Scottish (and RUK) governments so that people know the risks that are run by a currency union between (supposedly) independent countries.

With today's global markets few countries have true independence (North Korea perhaps).

The Independence proposal is for Scotland to be a member of the EU - so the Scottish Government's 'wriggle room' will be severely curtailed anyway - just as it is in Westminster.

Bob.
 
I bet the nationalists can't wait to dictate how the UK runs its currency when Scotland joins Salmon's arc of prosperity. I expect he will enrol the other Scottish financial heavyweight geniuses like Gordon Broon and Fred the Shred to help him.

Remember that Alex Salmond's pre-political career was with Royal Bank of Scotland :augie.

Bob.
 
Remember that Alex Salmond's pre-political career was with Royal Bank of Scotland :augie.

Bob.

Say Freedom! So salmon wants:

A 'fiscal stability pact' so the rest of the UK can backstop Scottish debt as when the Scottish' banks collapsed.

No separate application to join EU as still attached to UK by use of £
A mutual Defence agreement
Cross-border freedoms of movement, but then UK immigration policy must be enforced at Scottish airports/ports.
Pensions, benefits and health remain identical to maintain social union and prevent benefit tourism.
Allowing Scots a vote on leaving the EU on same date as rUK and accepting majority vote or be obliged to apply to join EU with Euro imposed.
Monarchy retained along with flummery and deference.

Some independence that is. For Toddy, just imagine salmon rather then the Ozzie :rolleyes:

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Rise now and be a nation again!

But not a fully independent nation.

We have a proposed vote open only to Scots but which is now confirmed will affect the rest of the Union (RUK) either way.

No = status quo

Yes = RUK become the 'get out of jail' card should an 'independent' Scotland hit fiscal problems.

So RUK in the latter case take on more liability with no voice in the vote.

To date the debate has been kept away from RUK. But it looks as though RUK will need to agree to something it has never democratically been asked about.

This will get interesting :drool
 
Don't panic Cooperman. Common sense will prevail in the end and the majority will vote to stay in the UK. This is all that is on offer at the moment and we aint buying.
 

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Say Freedom! So salmon wants:

A 'fiscal stability pact' so the rest of the UK can backstop Scottish debt as when the Scottish' banks collapsed.

No separate application to join EU as still attached to UK by use of £
A mutual Defence agreement
Cross-border freedoms of movement, but then UK immigration policy must be enforced at Scottish airports/ports.
Pensions, benefits and health remain identical to maintain social union and prevent benefit tourism.
Allowing Scots a vote on leaving the EU on same date as rUK and accepting majority vote or be obliged to apply to join EU with Euro imposed.
Monarchy retained along with flummery and deference.

Some independence that is. For Toddy, just imagine salmon rather then the Ozzie :rolleyes:

It's the very least that England can do as reparation for 300 years of mismanagement and pillaging the Scottish coffers.
 
Don't panic Cooperman. Common sense will prevail in the end and the majority will vote to stay in the UK. This is all that is on offer at the moment and we aint buying.

Serious question; how much division and poison is this referendum causing in Scotland? It seems to me a sizable number of the SNP and yes supporters are trying to intimidate anyone who dares disagree with their aims and a Scottish journalist has an article in today's Telegraph which pretty much says the same http://www.telegraph.co.uk/news/ukn...nds-bitter-civil-war-will-last-for-years.html Of course UKIP were attacked on the streets of Scotland and not allowed to debate at a later date so they have revealed what is going on.
It would be ironic if salmon is the first to suffer violence if sectarian independence or unionists start kicking off ala N Ireland.
 
Serious question; how much division and poison is this referendum causing in Scotland? It seems to me a sizable number of the SNP and yes supporters are trying to intimidate anyone who dares disagree with their aims and a Scottish journalist has an article in today's Telegraph which pretty much says the same http://www.telegraph.co.uk/news/ukn...nds-bitter-civil-war-will-last-for-years.html Of course UKIP were attacked on the streets of Scotland and not allowed to debate at a later date so they have revealed what is going on.
It would be ironic if salmon is the first to suffer violence if sectarian independence or unionists start kicking off ala N Ireland.

You don't want to believe everything you read in the papers Dev. The campaign up here is remarkable for the lack of acrimony. There is a lot of interest but no aggression. Now repeat after me ... "Farage was heckled by a bunch of students and took refuge in a pub from where the Polis escorted him. No big deal." Then have a lie down in a darkened room.
 
I don't think there will be violent scorn poured on those who took a different view but committed No voters like me will have to endure their share of the blame for everything that goes wrong after the referendum. Every bad UK government policy will be viewed in the light of "we wouldn't have to endure this if we were independent" regardless of the fact that a Scottish government would make just as unpopular decisions. All governments do. We will no doubt be blamed for global warming, floods and pestilence but I will still be safe to walk down the streets.

Where there will be blood on the walls is within the SNP itself. The fall out from a No vote will see much in fighting about why they did not win and the sweetners they have in their current policies to encourage a Yes vote will have to be paid for somehow so expect a fight between those who would pay by raising taxes and those who would borrow more. They have been able to take their eye off the ball of day to day Scottish politics primarily because the opposition are so dire but that will not always be so. A labour leader with a bit more charisma than a wet fish may emerge and then the SNP are in trouble. In that regard they share something with UKIP in that they are a bit weak in depth of talent and fat Eck has shown in the past that he is not averse to ditching the Scottish parliament if he thinks he can move to greater things in Westminster. He resigned as leader in 2000 following criticism of his policies and may do so again following a NO vote if he his held to blame for the defeat.
 
Don't panic Cooperman. Common sense will prevail in the end and the majority will vote to stay in the UK. This is all that is on offer at the moment and we aint buying.

At best, the proposal is for more devolution - but not independence in the way that its being peddled.

Bob.
 


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