A possibility of oil.

 

Yea just like there was a possibilty of oil in the north sea until they drilled it !

 

Sounds like you don't believe in the Laffer curve, reducing tax increases revenue

 

Not sure if this has been posted before.

http://www.independent.co.uk/voices/...h-9096120.html

 

The scots have always been both politically and economically more savvy than the average English voter (a trait that goes back many centuries)

Maybe they can simply see the bulsh1tt coming from Westminster for what it is

And the desperation and (bullsh1t) shown in the last few days by the (Westminster) No campaign, well thats even obvious to us southerners

Alex Salmond v David Cameron/milliband well men versus boys really

 

Anyone who thinks Scotland will go straight down the drain if they vote yes is deluded.
Anyone who thinks Scotland will be a land of milk and honey if they vote yes is very deluded.

From what the financial people say, then I think Scotland will lose a lot of capital and therefore jobs but I am sure this will even out over time but i think baseline, "normal" unemployment levels will be higher. I would imagine them ending up not like Germany but somewhere akin to Latvia in the grand standings

 

Or Cornwall.

 

Show me how a 3% cut in Cirporation tax in Scotland will increase revenue enough to pay for all the freebies which Salmond is planning.

 

Quoted from the article in The Independent.

'It now has the opportunity to enact the same legislation, taxation and regulation that other top ten countries on that list employ, following, say, the blueprint of Singapore. It already has a rich tradition in trade, finance and banking.

It has the oil.

And, with just five million people, it is small.'


A comment sent in by a reader.

'A nation is measured on output, wealth and resources.

1. (OUTPUT) The Financial Times has stated that an iScotland will be in the top 35 exporting nations on the planet.
2. (WEALTH) Standard & Poor's international rating agency has stated quite clearly that an iScotland would be a wealthy country with or without the oil and get its highest credit rating.
3. (RESOURCES) The OECD (Organisation for European Co-operation and Development) have forecast a value for Scotland's oil at £4 Trillion.

No matter what, Scotland is in a win/win situation with regard to its output, wealth and resources. What a nice position to be in. Don't listen to those that think the sky will fall in. They just want to scare folk into voting no for their own selfish reasons.'

 

you are assuming I believe in the laffer curve

 

Suddenly Uk plc London engerland is bricking it that this might actually happen

That's how it looks to be

 

yes it is as if Westminster are scared that Scotland will be a successful independent country - run on the Northern European "Nordic" model

 

But that is not £4trillion of revenue for Scotland, it's £4trillion worth of oil (and that is based upon the current high oil price). I'm sure BP, Total, Shell etc. are rubbing their hands, but Scotland is looking at the tax revenue, over the next 50 years, and they still haven't factored in the extra costs to get that oil out as it gets harder and harder.

The issue here is that both sides paint a rosy/dark picture, depending on how you view it, but in reality, it could play out either way. It may be good, or it may be very bad. IMO, Scotland can have most of what it wants without being independent and without losing the backing of one of the world's largest economies.

 

If he assets and income he can get a mortgage quite easily.

The UK is technically bankrupt. rUK without a currency union would be in an even worse position. One day its all going to go bang.

Scotland, with no currency union, would have no liability. It may have no rating, however no one knows exactly how that would work - its not like there's no financial history to refer to.

 

None of the political leaders are telling the truth, and that includes Salmond.

I despair at the No campaign, only now waking up to the disaster that is upon them. If they lose I think Cameron should resign

 

BP, Total, Shell etc are the ones who will have to factor in that extra cost, not Scotland.

And not just the tax revenue - who's to say that an independent Scotland won't reintroduce licence fees?

Some info on where the revenues come from

http://www.scotland.gov.uk/Publicati.../06/21144516/7

 

Just in case anyone missed this.

Even if this is very much at the positive side of the reality, Westminster is running scared.

An interesting link ( I know how Jon loves to rely on his links )

http://newsnetscotland.com/index.php...devalues-pound

And an amusing, but quite appropriate one

http://www.thepoke.co.uk/2014/09/10/...-be-free-from/

 

Westmister would not entertain the devo max option. Salmond asked for it and it was declined.

Watching those three groveling tossers coming up to Scotland bearing "gifts" is pathetic.

Saw this somewhere else - ok, its fairly dramatic but has a ring of truth

"It's like domestic abuse. When the domineering, controlling, abusive partner is left with an ultimatum. The victim says they are leaving. The abuser resorts to begging and promising them the world so they won't leave."

From the start, Westmister should have said, "fair enough - on you go if you think you are hard enough" That alone would have made me think "F*ck - if they're happy to let us go what do they know that we don't"

Of course, it might be a double bluff - except I doubt any of them are really made that way.

 

They will only continue to extract oil as long as it is financially viable, which was the point. No oil, no tax revenue. Of course, as oil becomes scarcer, that viability alters, but if they find new oil fields elsewhere (which is still happening) then the North Sea will be abandoned.

 

Salmond has them on the run.

He will pull out the clips of Cameron saying "it's nothing to do with me - it's up to the people of Scotland" when he was being challenged to a debate !

The more I see of the No campaign the more I become convinced they actually want a Yes vote !

 

It just says that it has the OPPORTUNITY much like a lot of what is being said, maybe, might, could be, with a bit of luck and then the bottom half is just from joe public, it could be from a SN member for all we know.

 

You Scots certainly do like to mention Westminster a lot. Maybe it's because it's the Scottish and their ancestors who have done such a fabulous job down there.

Scotland provided numerous prime ministers — Gladstone, Rosebery, Campbell-Bannerman, Balfour, Bonar Law, Ramsay MacDonald, Macmillan, Douglas-Home, Blair and Brown were all either Scottish or of Scots heritage.

See, you even share a blame in Blair. You can take him with you when you go.

 

Brilliant and probably true not that those three ****s would ever realise it the smug to55ers!

God I wish I was Scottish right now

 

So do we

If us south of the border could vote, would you vote for Scotland to go independent?

 

Hard question to answer as I think Scotland will actually be better off without us, but we will be worse off and then there is my overwhelming desire to see all three main political parties dealt another kick in ***** through their own arrogance.

I also don't think we should have a say as it is up to the Scots to make the decision. It's their country after all.

 

Actually, it's not their country yet

The decision does affect the rest of the UK, so why shouldn't they have a say?

 

He won't...his pockets aren't quite full yet.
And he hasn't had the war he so badly seems to want.

What made me laugh today is the three leaders at Westminster going to Scotland. Don't they realise they will do more for the "Yes" vote than if they stayed away?

 

No and that's the issue here.

The rest of the UK should not have a say as the whole point is that the Scottish people are to decide the future of their country ..... or what should be their country. Just because the outcome may not suit us English, Welsh and Northern Irish is tough luck really.

 

No, I want him to stay and cop the fallout of his ineptitude for once. I want to see him made to snivel and grovel at election time and then we can have a laugh as the public oust him from a position they never elected him to.

 

Which raises an interesting issue...

The 2015 GE will still include Scotland, how the hell does that work?