Home Forums Chat Forum Osbourne says no to currency union.

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  • Osbourne says no to currency union.
  • piemonster
    Free Member

    Euan Mearns has loads of good stuff on energy on his blog.

    http://euanmearns.com/

    Smart Ta. For that.

    Junkyard
    Free Member

    Is the independence issue a left/right question then? Scotland the socialist paradise struggling to emerge from the yoke of the evil Tories?

    I think any country would object to having a govt they do not support ruling over them
    I dont think it is a socialist paradise [ then again neither do you] but it is clearly NOT TORY/ as right wing as the shire/south east

    duckman
    Full Member

    Love you digging up the embra trams as an example of poor spending on public transport Winston dog…HS2 represent vfm? And we will see how the crossrail pans out as well.

    winston_dog
    Free Member

    Love you digging up the embra trams as an example of poor spending on public transport Winston dog…HS2 represent vfm? And we will see how the crossrail pans out as well.

    Digging up? It hasn’t even ran any services yet! 🙂

    7 years for 9 miles of line at the cost of £1 billion.

    Personally, I think HS2 is a waste of money but it appears there is no stopping it.
    Crossrail is huge and already underway, but it seems like a sensible idea. However, it is massively complex, 73 miles with 26 miles of tunnels. So you would expect some problems and overruns.

    Hardly the same as laying 9 miles of track on top of existing roads. I wasn’t sure what benefits it’s really going to offer as it doesn’t appear to increase capacity. Can’t be nice to cycle on those routes either!

    ninfan
    Free Member

    Edinburgh Tram – cost per mile, £125 million
    New build Motorway – cpm, £35 million
    Large Hadron Collider – cpm, £150 million

    😆

    teamhurtmore
    Free Member

    duckman – Member
    For the record,I’m not a fan of Alex Salmond,however l feel the likes of thm etc do him a huge disservice by assuming this is just a power trip for him. He has devoted his life to the nationalist cause and this is his overriding focus.

    Who is doing who a disservice? Here is a guy who has devoted his life to the cause and yet when the moment arises the overriding conclusion is that he simply has not done his homework properly. Either that or he has been promoting an elaborate hoax all along. That is a disservice to all of us since it affects the Scots and the rUK. As such, and without evidence to the contrary it is only possible to conclude that, “he has devoted his life to satisfying his own ego trip and this is his overriding focus.”

    If people want to propose the idea that he is the most able politician in the UK or the canniest, then they must accept the fallout when this is shown to be a mirage, especially when he is being outplayed by those who they normally choose to ridicule. Blimey a history grad explaining the basics of how monetary system works to an economist from Scotland’s finest University. It’s truly embarassing.

    OOI, what %age of UK and Scottish GDP would be represented by financial services (assuming that banks etc continue to use Scotland as their country of domicile)?

    How can anyone argue that they are waiting for the No campaign to explain why Scotland would be better. Are they myopic or do they simply choose not to read for convenience. Even this week, the HM Treasury explains quite clearly and up front why and how the sterling union for the whole UK has been one of the most successfully in history. That is what on offer, be part of a system that has proven more successful and more flexible than the alternatives or not. If people chose to ignore this very simple message, then more fool them. But please let’s not pretend that no arguments are being out given as to why NO gives Scots a better deal,

    epicyclo
    Full Member

    winston_dog – Member
    “Just provide an environment where new industries can flourish, whatever they may be”
    Reduced corporation tax?

    Doesn’t sound much like a workers utopia.

    Not sure how you managed to get that from my answer. Is that what they call a red herring?

    As for a utopia, one where our voting decision is likely to have some effect is more like one than the pseudo democracy we currently inhabit, and to which you are welcome. See? We’ll both be happy…

    aracer
    Free Member

    So you admit that independence wouldn’t improve things as far as business is concerned, despite that being what you think will make up for the loss of the financial sector (you appear to acknowledge you’ll lose some of that). How exactly do you think the economy is going to go post independence? Are things going to become more favourable to business relative to rUK by the time oil revenues start to tail off?

    gordimhor
    Full Member

    As a point of interest the minority SNP government tried to stop the tram project in 07 with a saving of 1.1billion they were defeated by a coalition of Conservative, Labour and Libdems.

    aracer
    Free Member

    Yes, because clearly when people are struggling for money the thing which concerns them most is how much influence their vote had on the decisions which are made.

    whatnobeer
    Free Member

    Yes, because clearly when people are struggling for money the thing which concerns them most is how much influence their vote had on the decisions which are made.

    Better to be able to choose a party and know your vote will have some influence on the result that being stuck with the economic policy of a government that your vote made no difference to.

    teamhurtmore
    Free Member

    Much easier to blame hate figures like Mrs T. What happened in the 1970s? The weakening manufacturing base was hit by the appreciation of sterling with NS Oil. A double whammy that magically gets blamed on one person. And then, in response, Scotland benefits from higher regional policies/spending – hence the spending per head data – but this is all conveniently forgotten.

    An independent Scotland will be more exposed to NS oil than now. And that exposure to a volatile commodity is meant to create a better environment for business??? Pull the other one, wee eck. At least this will be compensated by the bribe of lower corporation tax.

    Better to be able to choose a party and know your vote will have some influence on the result that being stuck with the economic policy of a government that your vote made no difference to.

    Whereas the reality, you will be stuck with an economic policy of a government in which you have zero representation. Be careful what you wish for.

    winston_dog
    Free Member

    Not sure how you managed to get that from my answer. Is that what they call a red herring?

    epicyclo – How else would you “provide an environment where new industries can flourish “? What can you actually do apart from reduce taxation?

    As a point of interest the minority SNP government tried to stop the tram project in 07 with a saving of 1.1billion they were defeated by a coalition of Conservative, Labour and Libdems.

    That’s interesting. Are you suggesting that the vast majority of MP’s in Holyroyd are just as useless as the ones in Westminster? Doesn’t look good for independence!

    epicyclo
    Full Member

    teamhurtmore – Member
    …Whereas the reality, you will be stuck with an economic policy of a government in which you have zero representation. Be careful what you wish for.

    That’s what we have at the moment and it’s not what we wish for.

    And if the UK economic recovery is so wonderful, why are we persecuting the poor (eg the bedroom tax) and flogging off so much public infrastructure? The UK govt is behaving very like a business trying to avoid bankruptcy, right down to the reassuring PR.

    bencooper
    Free Member

    So you admit that independence wouldn’t improve things as far as business is concerned

    As far as my business is concerned 😉

    It’s not about business, it’s not about money, it’s not about the pound or Cameron or Salmond – it’s about the next 20, 50, 100 years, and whether Scotland would be better continuing as part of the UK or not.

    Everyone knows that Scotland would do fine after independence – that’s not even in doubt – all this is about is how the transition is made, and these things are always a little messy.

    winston_dog
    Free Member

    it’s about the next 20, 50, 100 years,

    Ben – It should be and it may be for you. But it isn’t. Most people don’t look beyond a couple of years max. Politicians, particularly at cabinet level, don’t see beyond the duration of the time in a post.

    Unless all those Scottish politicians are a completely different breed from the UK ones……..

    duckman
    Full Member

    Very selective thm,spent as bit of time making that one up did you? Rather than turn it around,l ask you again, why would scotland be better off? Let’s use Winston ” some of my best friends are porridge wogs” dogs example; transport…now tell me how much benefit MY country will get from the crossrail and HS2…both funded equally by scots.Suggesting that anybody who fails to accept the no argument is failing to read is quite frankly bullpoo,and wow,despite my interest in how things have developed as both a politics and history teacher I missed all the positives coming from rUK.
    Explain the benefits of HS2 cutting commuting times to the 16 people killed or seriously injured on the A9 last year,NOT chosen for UK government for improvement. Suggesting the orchestrated cross party refusal to allow Scotland to share currency is an example of the benefits of union and you would have to be myopic not to see it. What happened to your earlier assertations that that was rUK playing hardball/outflanking AS etc,When did it become an assertation of the benefits of the union? Honestly,If this is the no telling us the benefits,what are the negatives?

    Can’t believe you think that was an attempt to convince us of the sound reasons for keeping a union. Actually I don’t think you do,especially as your position has changed over the thread. Funny though.

    winston_dog
    Free Member

    Let’s use Winston ” some of my best friends are porridge wogs*” dogs example; transport.

    It wasn’t my example. It was that well known NO voter Ben Cooper.

    Just saying like.

    *They really are.

    teamhurtmore
    Free Member

    Sorry to disappoint duckman (edit, excuse the autospell there) but we had a power cut down south.

    The reality is the benefits are being outlined as are the follies of what is being proposed.

    You have said that nothing is being proposed by NO that explains why Scotland will be better off by voting NO. That is clearly falsifiable. You just have to be bothered to read. Try it.

    FWIW, I am not in favour of HS2, certainly not at the moment.

    duckman
    Full Member

    It was you mentioned that much maligned conservative administration decision, the tram wasn’t it? A billion for 7 miles will be a bargain if the time to dig the first tunnel in London is anything to go by. You do realize your beloved North East becomes the new Scotland if we win the vote ..sleep tight! 😀

    Ah..thm,so the whole “you will lose this” threats that has been the main point of the no campaign are actually the BENEFITS of union are they? Trying to suggest seeing them as threats is down to a lack of comprehension is a good one by the way. Must be a lot of poor readers posting on this thread…

    winston_dog
    Free Member

    now tell me how much benefit MY country will get from the crossrail and HS2..

    This is a flawed argument. Currently you are a member of the UK. It is supposed to be of benefit to the whole of the UK. If it is a totally different argument.

    What will the residents of Shetland get from the Edinburgh tram system? They would definitively prefer that money to of been spent on the A9. I think they were also a separate country until 1707? Are they going to separate as well?

    big_n_daft
    Free Member

    Any extension of Hs2 to GLASGOW/ Edinburgh post No vote will be funded by the whole UK, post Yes vote it will 100% funded By Scotland 😉

    If Hs2 happens only a no vote will see it ever crossing the border

    winston_dog
    Free Member

    your beloved North East becomes the new Scotland if we win the vote

    Mate I live in Kent!

    Besides the NE was rogered by the Tories, worse than Scotland ever got it. Probably only Merseyside suffered worse. IMHO.

    mefty
    Free Member

    Isn’t transport predominately devolved?

    duckman
    Full Member

    Nice one Winston dog…we are UK citizens so hs2 is to all of our benefit,yet in the same post you try to use the trams as an example of not helping Shetland.Choose..
    At least the trams are in the same country. BTW 1468 since scotland was sold Shetland. Are you going to learn French as they have as much claim as Norway does on Shetland.

    Hs2 will have to be paid for by scotland in the event of a yes vote…
    Aha! That will be one of those benefits you have to be myopic to miss.

    winston_dog
    Free Member

    Nice one Winston dog…we are UK citizens so hs2 is to all of our benefit,yet in the same post you try to use the trams as an example of not helping Shetland.Choose.

    You kind of missed the point I was trying to make…….

    gavstorie
    Free Member

    Confused by the news report that no UK government will ‘allow’ Scotland to use the pound..? Okay – imagine the UK is the husband, and Scotland is the wife. She tells him it’s been good but…she’s no longer happy and she’s thinking about leaving the marriage. He’s not happy. He tells her she’ll miss the joint incomes (the Barnet fomula) along with that new security fence they just built around their house (Trident)…the one she put alot of her savings into. And she’ll be poor – she’ll be lucky to be shopping in Premark if she tries to go it alone. She tells him she’s still thinkin about leaving.

    He’s not happy. He appeals to their friends (other countries) to warn her how bad things will be if she leaves him. He gets his pals who run the local pub (other members of the EU) to tell her that she won’t be allowed in if she’s a single girl… He asks her family and friends from all over the country to phone her and tell her that he loves her…that he doesn’t want her to go. She’s still serious about this. It’s okay though, she explains, she’s got a job (assets) she’ll pay for half the mortgage (the national debt) if she can still use the joint bank account (the pound). UK lashes out – all these threats and she still thinks she can go it alone..! “No way!” he says. He tells her to get her own account (currency).

    She points out that if they both use the same bank account they can pay off the mortgage together with as little hassle as possible. She reminds him the account (the pound) is a joint one – meaning it’s her account too. He throws this in her face. Tells her that no matter how much debt she pays, she’s still not getting to use the joint bank account. And so it goes. Later in the year, the UK will threaten to keep the bairns if she leaves him. Alas no divorce is without stress and strife. Scotland, like every other wife that’s decided to go it alone…will probably struggle to begin with…but will eventually succeed on her own merits and not have to blame the total fud she married in the first place.

    athgray
    Free Member

    Most people in Scotland would vote for a devo max arrangement if it were on offer. IIRC having this on the ballot was not popular by either side. We now have a winner takes all scenario. I like to think that more powersmay be on the table post no. If we have decades of oil wealth why would a UK government rape, plunder and pillage to a degree that may see it face the same thing in 5 years? People can vote another majority SNP government at Holyrood again if they wish.

    The yes camp have been ramping up their own “project fear” on voting no and it’s consequences. In fact Nicola Stugeon oozed fear from every pore during her speech at the SNP conference.

    If people in Scotland actually want a devo max solution, then voting no is the only way this could possibly happen.

    As stated, anyone that actually want devo max, be careful what you vote for.

    Nipper99
    Free Member

    Suffered worse than Wales? As Ben Cooper says its not about money etc but about the right to make your own decisions. If we, the Welsh, ever had the opportunity I would vote to go whatever the consequences at least then we would be treated as the English colony we are at the moment.

    duckman
    Full Member

    Gav we have done this,if you are anti union you are in an abusive relationship. If you are pro then if you don’t look past the abuse to the housekeeping then you are thick.

    athgray
    Free Member

    Shetland was not sold to Scotland as far as I am aware. Was given temporarily to Scotland as security whilst a dowry could be raised for the marriage of the Danish princess to Scotlands king. She could not have been a looker as the dowry was not forthcoming. Don’t forget either that Orkney was also part of the deal. If only Denmark/Norway could have known the value of oil reserves at that time. I reckon the dowry may have been stumped up pretty quickly.

    imnotverygood
    Full Member

    She points out that if they both use the same bank account they can pay off the mortgage together with as little hassle as possible. She reminds him the account (the pound) is a joint one – meaning it’s her account too. He throws this in her face. Tells her that no matter how much debt she pays, she’s still not getting to use the joint bank account. And so it goes. Later in the year, the UK will threaten to keep the bairns if she leaves him

    I had to re-read this little analogy & I’m still not sure what it is about. Are you suggesting that in the aftermath of a divorce you would expect to keep a joint bank account? I don’t think I have ever heard of a divorce with those sort of conditions.

    retro83
    Free Member

    gavstorie – Member

    Confused by the news report that no UK government will ‘allow’ Scotland to use the pound..? Okay – imagine the UK is the husband, and Scotland is the wife.

    Alas no divorce is without stress and strife. Scotland, like every other wife that’s decided to go it alone…will probably struggle to begin with…but will eventually succeed on her own merits and not have to blame the total fud she married in the first place.

    Did you just post somebody’s post from facebook as if you’d written it yourself?

    Anyway, the total fud, sorry, England, Wales and NI 🙄 has to keep a joint account open with his ex-wife does he? Riiight. Chinny **** reckon on that one.

    athgray
    Free Member

    I would not pay too much heed to the analogy. It is a really s***e one. You could as easily turn it into a worried husband unsure how to feel about his schizophenic wifes actions.

    aracer
    Free Member

    At least residents of Scotland get funding under Barnett relating to Crossrail and HS2, unlike rseidents of Shetland who have to pay for Edinburgh’s tram, but get nothing in return. So the answer to your question of what Scottish residents get from Crossrail/HS2, the answer is Barnett (and that you don’t actually pay anything towards it – the money you pay goes back to Scotland under that). This has of course been discussed before…

    gordimhor
    Full Member

    Right you are athgray terrible lack of foresight from those live for today norwegians . Theyll never end up with a massive oil fund .

    duckman
    Full Member

    Aracer,
    as much as I am tempted by your example,and am enjoying the sparring on this thread,I will never debate anything on STW with you.

    athgray
    Free Member

    I am happy that North Sea oil in the UK sector has helped a large number of people a little bit, than a select few with an oil fund. My charitable spirit I suppose.

    bencooper
    Free Member

    I am happy that North Sea oil in the UK sector has helped a large number of people a little bit, than a select few with an oil fund. My charitable spirit I suppose.

    Um. That’s why the UK (no oil fund) got a few years of low taxes for the rich, whereas Norway (oil fund) has one of the highest standards of living and happiness, and every citizen is a dollar millionaire?

    Yeah, they were really daft to invest all that money.

    retro83
    Free Member

    bencooper – Member
    Um. That’s why the UK (no oil fund) got a few years of low taxes for the rich, whereas Norway (oil fund) has one of the highest standards of living and happiness, and every citizen is a dollar millionaire?

    Yeah, they were really daft to invest all that money.

    The oil fund is a great idea, and we should do the same with the shale gas if we do extract it.

    What do you mean about low taxes for the rich? When and compared to where?

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