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Scottish independence

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  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    How can we calculate Scotlands share of the debt when we don't really know what the debt is?
    Much of it is off balance sheet like Gordon Brown's PFI contracts, or George Osborne's commitment to underwrite sub prime mortgages
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • .string.
    .string. Posts: 2,733 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    black_taxi wrote: »
    you forget independence is a gradual process.
    If that is addressed to me ---

    Capital Flight is not usually a gradual process.
    Union, not Disunion

    I have a Right Wing and a Left Wing.
    It's the only way to fly straight.
  • JohnRo
    JohnRo Posts: 2,887 Forumite
    Tenth Anniversary 1,000 Posts Combo Breaker
    Glen_Clark wrote: »
    How can we calculate Scotlands share of the debt when we don't really know what the debt is?
    Much of it is off balance sheet like Gordon Brown's PFI contracts, or George Osborne's commitment to underwrite sub prime mortgages

    Indeed, not to mention other intangibles like the alarming, spiralling cost of nuclear decommissioning and maintenance of infrastructure.
    'We don't need to be smarter than the rest; we need to be more disciplined than the rest.' - WB
  • jimjames
    jimjames Posts: 18,867 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    black_taxi wrote: »
    you forget independence is a gradual process.

    NO campaign kept Devo + off ballot paper to kill nationalism,to quote Alistair Darling

    devo + would have won a landslide

    So if Devo + is the preferred option then vote No and that will then come up or be offered at next election.

    Seems pretty silly to vote for something that isn't wanted purely because it's the only option available.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • ColdIron
    ColdIron Posts: 9,998 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    black_taxi wrote: »
    you forget independence is a gradual process
    If you are referring to the 18 month transitional period proposed by the Scottish government before Independence day, this seems a laughably short and abrupt timescale to me
  • So if Devo + is the preferred option then vote No and that will then come up or be offered at next election.


    Horrible Histories


    labour devo bill--page 6
    For those that should NOT be devolved to Scottish
    Parliament
    1.financial and economic matters
    2.foreign affairs
    3.core of welfare state
    4.the constitution
    5.imigration
    6.drug trafficking
    7.betting gaming lotteries
    8.broadcasting
    9.civil service
    10.abortion
    11.currency union(tory/libdem)


    Prime Minister Tony Blair and Chancellor of the Exchequer Gordon Brown
    both ostentatiously boycotted the opening of the Scottish Parliament
    itself, and later the Holyrood building, in order to demonstrate their
    personal opposition, and that of the Labour Party, to the whole
    devolution project.
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
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    #81 save 2018£4200
  • If you are referring to the 18 month transitional period proposed by the Scottish government before Independence day


    no cold iron im referring to the long or short term strategy of getting independence,gradual,status quo,federal,full independence
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
  • jimjames
    jimjames Posts: 18,867 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    black_taxi wrote: »
    Prime Minister Tony Blair and Chancellor of the Exchequer Gordon Brown
    both ostentatiously boycotted the opening of the Scottish Parliament
    itself, and later the Holyrood building, in order to demonstrate their
    personal opposition, and that of the Labour Party, to the whole
    devolution project.

    If that is a geniune suggestion then it seems utterly bizarre one to make. Labour stood in 1997 on a platform with devolution in their manifesto and then in government implemented it. Why would they do that if the Labour party didnt really want devolution?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • ColdIron wrote: »
    If you are referring to the 18 month transitional period proposed by the Scottish government before Independence day, this seems a laughably short and abrupt timescale to me



    For me, the potentially most dangerous phase is the period between a decision to terminate the Union, and the actual day the Union is ended.


    Markets hate uncertainty, so a protracted period of negotiation and transition could create problems for all parties. Would businesses invest in such a period, or wait until the dust settled ?


    I understand that the "velvet divorce" between the Czechs and Slovaks was done in 6 months, which maybe the minimum possible period but I would hope that the period of a UK break-up actually happening would be measured in months not years.


    Sure, for rUK there may be down-sides from the divorce, but there could be upsides from the divorce too: substantial "inward investment" from Scottish based financial services being one, and a removal of our obligation to buy over-priced Scottish renewable energy being another.


    A bit of competition on the corporation tax front would also be a good thing from my selfish point-of-view...
  • When SNP won Scottish elections,gordon brown as PM never contacted the 1st minister Scottish Parliament for weeks
    £48515 interest £181 (2009)debt/mortgage-MFIT/T2/T3
    debt/mortgage free 28/11/14
    vanguard shares index isa £1000
    credit union £400
    emergency fund£500
    #81 save 2018£4200
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