BillyHunt:
I wonder how many scots will be thinking of all this historical cabbage prior to casting their votes. I heard a few of the early postal voters getting all upset on the radio because they didn’t have all the facts available prior to making their choice. What I also found a little odd was that out of the 4 interviewed, 2 were English.
The vote is open to residents of Scotland. Doesn’t matter if you where born in England, NI or Wales, nor what accent you have.
I think that if the jocks want to leave, then cut them loose.
Mike-C:
matamoros:
To me this means that certain banks that are regulated by the Bank of England are allowed to issue their own sterling notes supported by the Bank of England, other countries use Bank of England notes as backing for their own notes at parity, these notes have to be obtained from the Bank of England.Scotland will have no such arrangements with the Bank of England and will not be allowed to exchange their own bank notes at parity.
At the minute, Scotland is part owner of the Bank of England. It has already been mooted that in negotiations as to how or would it use the pound its got a great start as it already part owns it.
There has been counter argument to say…if Scotland leaves the UK then its not liable for a say in its share of the Bank of England, if that was true and it was entitled to no benefit from it, then it would also follow that it would not be responsible for anything owing to it either ? I’d doubt that situation would happen, although it would benefit Scotland greatly if it did.
There are many implications if Scotland becomes independent without some form of currency union, I am not an economist but I can read informed comment by people that are and the general consensus, apart from wee eck and his cohorts, is that it would be a very bad idea for Scotland and the rest of the UK.
Wee eck says that they(he) will not honour Scotland’s share of UK’s debts if the Bank of England does not allow a currency union, a good start for the economy of a newly independent nation that will need to borrow on the international money market, already a defaulter!
Who will pay the pensions etc of the Scots if they refuse to honour their commitments to the rest of the UK and the Bank of England freezes any theoretical assets that Scotland may have with them, just a thought.
matamoros:
Mike-C:
matamoros:
To me this means that certain banks that are regulated by the Bank of England are allowed to issue their own sterling notes supported by the Bank of England, other countries use Bank of England notes as backing for their own notes at parity, these notes have to be obtained from the Bank of England.Scotland will have no such arrangements with the Bank of England and will not be allowed to exchange their own bank notes at parity.
At the minute, Scotland is part owner of the Bank of England. It has already been mooted that in negotiations as to how or would it use the pound its got a great start as it already part owns it.
There has been counter argument to say…if Scotland leaves the UK then its not liable for a say in its share of the Bank of England, if that was true and it was entitled to no benefit from it, then it would also follow that it would not be responsible for anything owing to it either ? I’d doubt that situation would happen, although it would benefit Scotland greatly if it did.There are many implications if Scotland becomes independent without some form of currency union, I am not an economist but I can read informed comment by people that are and the general consensus, apart from wee eck and his cohorts, is that it would be a very bad idea for Scotland and the rest of the UK.
Wee eck says that they(he) will not honour Scotland’s share of UK’s debts if the Bank of England does not allow a currency union, a good start for the economy of a newly independent nation that will need to borrow on the international money market, already a defaulter!
Who will pay the pensions etc of the Scots if they refuse to honour their commitments to the rest of the UK and the Bank of England freezes any theoretical assets that Scotland may have with them, just a thought.
If Scotland secedes from the Union it won’t have any responsibilities to ‘the UK’.
What it arguably would have is its ongoing share of the debts owed ‘by’ the ‘former UK’ to its creditors.IE from that point on all dealings involving Scotland would only be between Scotland and what at that point would be Scotland’s ongoing creditors.Nothing whatsoever to do with the ‘UK’.In which case it is in Scotland’s,and our,interests for Scotland to create its own currency set at a realistic exchange rate that reflects the size of the Scottish economy on a per capita basis.To service its existing ongoing debt obviously calculated on the same basis.In which case it would then be in Scotland’s interests to grow that economy while trying to hold back the value of that exchange rate as much as possible thereby discouraging imports together with the win win situation of that artificially devalued Scottish Pound making Scottish exports more competitive.IE think Irish independence but this time with the industrial capacity advantage of Ulster being in the South instead and being even more and better.That lack of industrial capability being the historic handicap faced by the Irish government and which is probably what drove its nationalist government into joining the EU federation.
The fact is Scotland could be at least another Norway within a decade if it does this right with the only way being up from that point.‘Right’ in this case certainly not being staying with Sterling or the EU or trying to borrow its way to success.
While at present the UK Unionist agenda is a case of threatening a possible future independent Scotland with what are effectively economic sanctions on some vicious vindictive campaign of trying to hold on to the Union at all costs.
matamoros:
Mike-C:
matamoros:
To me this means that certain banks that are regulated by the Bank of England are allowed to issue their own sterling notes supported by the Bank of England, other countries use Bank of England notes as backing for their own notes at parity, these notes have to be obtained from the Bank of England.Scotland will have no such arrangements with the Bank of England and will not be allowed to exchange their own bank notes at parity.
At the minute, Scotland is part owner of the Bank of England. It has already been mooted that in negotiations as to how or would it use the pound its got a great start as it already part owns it.
There has been counter argument to say…if Scotland leaves the UK then its not liable for a say in its share of the Bank of England, if that was true and it was entitled to no benefit from it, then it would also follow that it would not be responsible for anything owing to it either ? I’d doubt that situation would happen, although it would benefit Scotland greatly if it did.There are many implications if Scotland becomes independent without some form of currency union, I am not an economist but I can read informed comment by people that are and the general consensus, apart from wee eck and his cohorts, is that it would be a very bad idea for Scotland and the rest of the UK.
Wee eck says that they(he) will not honour Scotland’s share of UK’s debts if the Bank of England does not allow a currency union, a good start for the economy of a newly independent nation that will need to borrow on the international money market, already a defaulter!
Who will pay the pensions etc of the Scots if they refuse to honour their commitments to the rest of the UK and the Bank of England freezes any theoretical assets that Scotland may have with them, just a thought.
Yes it is hard to cut though what we are told, as obviously everyone has their own agenda to put forwward. My own personal opinion is that its something of a non argument to discuss currency (although it is some sort of issue), for its already admitted that Scotland could continue to use Sterling so long as it wishes. I couldn’t see the Bank of England (part owned by Scotland) making it tough for Scotland, as the UK wishes to remain friends with Scotland and recognise all they’ve achieved together . But as far as i can see, if i’m in England and i have a pound, and someone is in Scotland has a pound then they’re interchangable and exchangeable. Its already been let out the bag that David Cameron asked some major retailers to make statements saying prices may go up…
newsnetscotland.com/index.php/re … ice-scares
So just to summarise, David Cameron has said he loves his country more than his party, now he’s asked major retailers to give a price scare all in a way to persuade the vote. Whats not been mooted, and of course its down to currency markets is that in the future (in the case of a yes vote), a seperate Scottish currency may actually be worth more than Sterling and thus mad as it seems, Scotland might be able to buy cheaply from UK ?
To see how that works in practice, then go to , or check out, the price of a pint of beer, a loaf or a gallon of fuel in Ireland and Norway. The look at their hourly pay. They can afford it, can you right now (afford theirs)?
If an hour of your labour can buy a gallon of fuel, a pint of beer and a loaf of bread the thats some sort of measure. I’g guess generally that holds true across all the countries, apart from very low paid jobs. And there is nothing to suggest Scotland if it was independant would go though some sort of “Inflation” boom.
Regarding pensions, obviously private ones are with private providers so they’re still there. If you mean “Nationalised” ones, then there’s a lot of homework to do at the Treasury and a lot of coughing up to do. Of course it would be doubtful that the UK could afford to pay up front its final Pension bill for the residents of Scotland, it’ll come in dribs and drabs. Hence the great bargaining position Scotland has with the UK in the creation or use of any currency it wants to use.
The UK could not really say…you’re nothing to do with sterling, and we can’t afford to pay you all the pension bill, now just sod off. Oh and you still have to pay your national defecit, and you’ve lost your shares in the bank of england. That can’t happen, and won’t.
JK Rowling, who, before she was famous wrote her books whilst on benefits keeping warm in cafes in Edinburgh has just given 1 million pounds to Alistair Darlings "No " campaign.
Alistair Darling, who was born in London, also helped bring in the welfare reforms so people on benefits would not have time to sit idly in cafes writing books. Instead they’d have to be activley job hunting.
JK is worth 560 million, AD makes 33K for three speeches, 10 hours work. What are they worrying about ?
‘…Scottish Independence …Your Thoughts…’
After hours at the wheel chewing this over & in summary as an Englishman:
1 I am a little jealous that the Sweaties have a more respected national identity and their [zb] in a better sock than us English - eg., whose national flag has been liberally manipulated to represent either football and/or political hooliganism 
2 If Scotland get a ‘yes’, then no more (Jock enabled) Labour party in power and Cameron resigns/gets fired - leaving Farage with an easier job of achieving liberation from the EU that Euro-sceptics crave with a more amenable & representative Tory working with Our Nigel as their leader
3 If Scotland returns a ‘no’ - then Salmond goes hang, Milliband wins next election with a liberal coalition, the entire Union becomes doomed to Brussels’ demands (eg., more of the extreme, federalist and non-representative DCPC-type bolleaux) 
Mike-C:
BillyHunt:
I wonder how many scots will be thinking of all this historical cabbage prior to casting their votes. I heard a few of the early postal voters getting all upset on the radio because they didn’t have all the facts available prior to making their choice. What I also found a little odd was that out of the 4 interviewed, 2 were English.The vote is open to residents of Scotland. Doesn’t matter if you where born in England, NI or Wales, nor what accent you have.
Bugger! If I’d known that I would have moved the family up there, voted yes, then moved back. Oh well, maybe next time.
i say if they want out then let it be, either way itll be us bailing them out when they become an eu state if they not already are, go bankrupt hey dont worry about it are neighbours will sort it out, nhs collapses no worries get the train to england, best thing scotland could do is go independent and become a tax haven, i know id move north of the border if they did
Happy Keith:
‘…Scottish Independence …Your Thoughts…’After hours at the wheel chewing this over & in summary as an Englishman:
1 I am a little jealous that the Sweaties have a more respected national identity and their [zb] in a better sock than us English - eg., whose national flag has been liberally manipulated to represent either football and/or political hooliganism
2 If Scotland get a ‘yes’, then no more (Jock enabled) Labour party in power and Cameron resigns/gets fired - leaving Farage with an easier job of achieving liberation from the EU that Euro-sceptics crave with a more amenable & representative Tory working with Our Nigel as their leader
3 If Scotland returns a ‘no’ - then Salmond goes hang, Milliband wins next election with a liberal coalition, the entire Union becomes doomed to Brussels’ demands (eg., more of the extreme, federalist and non-representative DCPC-type bolleaux)
You’re assuming that “your nigel” wins a seat in parliament. Regardless of what happens to Cameron after the election it won’t make a bit of difference to the Tory party, they don’t change their policy just the leader
Close the door on your way out. Och aye see you Jimmy 
Happy Keith:
‘…Scottish Independence …Your Thoughts…’After hours at the wheel chewing this over & in summary as an Englishman:
1 I am a little jealous that the Sweaties have a more respected national identity and their [zb] in a better sock than us English - eg., whose national flag has been liberally manipulated to represent either football and/or political hooliganism
2 If Scotland get a ‘yes’, then no more (Jock enabled) Labour party in power and Cameron resigns/gets fired - leaving Farage with an easier job of achieving liberation from the EU that Euro-sceptics crave with a more amenable & representative Tory working with Our Nigel as their leader
3 If Scotland returns a ‘no’ - then Salmond goes hang, Milliband wins next election with a liberal coalition, the entire Union becomes doomed to Brussels’ demands (eg., more of the extreme, federalist and non-representative DCPC-type bolleaux)
Or to put it another way both the English and the Scottish have the chance to finally turn the defeats of Harold and Wallace into a victory by taking our respective nations back.But unfortunately it looks as though there are too many who support the federalist ideology of the European invasion.
Which isn’t really surprising being that the nationalist cause is lumbered in this case with two no hopers like Salmond and Farage and the contradiction contained in their respective policies of being federalists when it suits them and nationalists when it doesn’t.
Take it easy there CF, you aren’t allowed to diss lord farage on these pages, the man virtually walks on water according to some on here.
As long as we get the oil I think we’ve had a right result . Military job cuts can be off loaded onto the sweatys , military bases move to England and create thousands of civilian jobs . Well save a fortune on dole money and drug / booze medical treatment . Build the wall again and Cheerio.
More importantly can we vote to get rid of the dastardly Welsh?
Well shopping in glasgow today and going by what i seen its going to be yes. Literally about 10000 people on Buchanan street all waving yes flags and singing flower of scotland. Everywhere you go its yes, maybe its smoke and mirrors and they have spent a couple eh million quid on stickers,flags etc but its everywhere you look! Even spray painted on the ■■■■■■■ roads, vandals 
Every night i get door stepped by yes campaigners, i could have filled a skip with the amount eh yes leaflets i have through my door.
Is there a silent no majority hiding somewhere?
There is real motivation and passion there, everyone that wants to vote yes will pribaley crawl over broken glass to vote but would someone who is intent on NO have the same will.
I still canna make my mind up what way im voting, driving me nuts feel like leaving it to the toss of a coin
merc0447:
Well shopping in glasgow today and going by what i seen its going to be yes. Literally about 10000 people on Buchanan street all waving yes flags and singing flower of scotland. Everywhere you go its yes, maybe its smoke and mirrors and they have spent a couple eh million quid on stickers,flags etc but its everywhere you look! Even spray painted on the [zb] roads, vandalsEvery night i get door stepped by yes campaigners, i could have filled a skip with the amount eh yes leaflets i have through my door.
Is there a silent no majority hiding somewhere?
There is real motivation and passion there, everyone that wants to vote yes will pribaley crawl over broken glass to vote but would someone who is intent on NO have the same will.
Do us a favor and vote yesto be honest I can’t see it happening.
I still canna make my mind up what way im voting, driving me nuts feel like leaving it to the toss of a coin
I seen on the news earlier that the Orange Order were out today in Edinburgh in support of keeping the union. Thats all we need now is religion getting involved. That kind of thing is bound to cause some trouble.
Harry Monk:
Hahaha that’s quality .