Chilly North Sea Comes Back To Life (Chilly North Sea Comes Back To Life: U.K. North Sea oil and gas production has dropped by more t...
Jim Arnott's insight:
Further evidence that the scare stories being pedalled by the Westminster Government and Better Together are being exposed as such.
Vote Yes in the 2014 Referendum on independence for Scotland.
This article has been included in both SayYes2Scotland and Unionist Shenanigans because it backs up the case for independence and also exposes the kind of myths being spread by the opponents of an Independen Scotland.
George Osborne is all over the media warning that an independent Scotland must follow Tory foreign policies if it wishes to stay in the pound. In fact the pound does not belong to the English – it was a new, shared currency created in 1707.
The problem of all liars is consistency. Keeping today’s lies straight with yesterday’s. My favourite bit of today’s attempt to bully the Scots is this:
“The UK government believes that a newly independent Scottish government would be required to formally commit to joining the euro as a condition of its EU membership”.
They seem to have forgotten their last big lie, which was that an independent Scotland would be kicked out of the EU and unable to join. Oh dear. They can’t both be true.
What is most amusing is the fact that an independent Scotland would, according to the official GERS report acknowledged by the Treasury, actually have a smaller fiscal deficit as a percentage of GDP than the current UK, so Osborne’s admonitions should better be addressed to the UK Chancellor of the Exchequer who is … err…
As for Osborne’s warnings that the oil price may be volatile (presumably along with the whisky price), I am happy to take our chances on that one. A commodity in finite supply for which demand continues steadily to increase seldom suffers devastating and permanent price plunges.
WITH North Sea revenues set to decline, an independent Scotland faces difficult choices on taxes and levels of public spending, write Iain McLean, Jim Gallagher and Guy Lodge (SNP talk a lot about oil funds, but to do so means “inc non-oil...
Jim Arnott's insight:
Poor wee Scotland - its got all that oild and that's seen as a problem. The UK squandered North Sea Oil on illegal wars, London Olympics and nuch more besides.
Vote Yes in the 2014 Referendum on independence for Scotland
It’s caused outrage and anger with many vowing never to purchase the newspaper again.
The image of the Saltire with a Nazi swastika superimposed over the cross of St Andrew is a low point in Scottish journalism. What it might mean for the readership of Scotland on Sunday and the Scotsman is anyone’s guess.
Donation pressure on Rennie . CHIEF SCOTTISH POLITICAL CORRESPONDENT ROBBIE DINWOODIE Wednesday 1 May 2013 . THE Scottish Liberal Democrats are coming under pressure over the controversial £500,000 donation from the head of an oil trading firm to the No to independence campaign.
The SNP has seized on remarks by Lord Ashdown, who was critical of the business ethics of companies such as Vitol, over which Better Together's leading donor Ian Taylor presides.
The former Liberal Democrat leader acknowledged that critics were entitled to raise questions on the issue. Now the Nationalists have called on the party's Scottish leader Willie Rennie to declare where he stands on the issue.
Lord Ashdown was UN High Representative in Bosnia when he banned many senior politicians from office over corruption which sheltered war criminals.
Vitol, the world's biggest oil trading firm, has admitted paying $1 million to Serbian warlord Arkan and later struck a deal with a minister in the Bosnian Serb Government just months before Lord Ashdown barred the minister involved from public office for sheltering war criminals.
In both cases the company denied breaking any law and stressed that in the Bosnia deal the contract was struck with ministers of a recognised, legitimate government.
Vitol said there was no way it could have known the actions that would be taken just months later by the UN.
Lord Ashdown said of this: "Anybody who did business in the Balkans who didn't realise there were networks of corruption that extended into any and all governments was naive."
He went on to be even more critical of companies dealing with these regimes.
The peer added of concerns over the donation to Better Together: "Wherever you are coming from, it's a perfectly legitimate line to pursue."
The SNP's Westminster leader, Angus Robertson, said: "The intervention by Paddy Ashdown is very significant, and puts Willie Rennie in a position where he must be upfront and declare if he agrees with Lord Ashdown, or if his loyalties are with the Tory-funded anti-independence No campaign.
"People voting in the referendum in September 2014 are looking for transparency and honesty from the No campaign, and this presents a perfect opportunity for Willie Rennie to regain some much needed credibility for him and his party."
A spokesman for Mr Rennie said: "In his desperation to avoid discussion of his flawed plans to break up the UK, Angus Robertson is distorting Paddy's com-ments. Paddy backed Better Together and did not call for the donation to be returned.
"Willie Rennie supports Ian Taylor's personal donation to Better Together. Ian Taylor has made a significant contribution to Scottish life, charity and Harris Tweed. He disputes the nationalists' claims."
The SNP is determined to keep the issue going at Holyrood. Cathcart MSP James Dornan, who raised the issue in the Chamber last week, has now written to Lord Ashdown.
He writes: "I hope you will agree that it is imperative that incumbent on all sides to ensure that Scotland's referendum is run to the highest of international standards, and that includes how both campaigns are funded."
Mr Dornan also urges Lord Ashdown to use his "influence to persuade colleagues in Better Together to re-think their acceptance of this donation".
FURIOUS viewers flood the BBC with complaints after cockney film star Ray Winstone branded Scots TRAMPS (No self-respecting people should put up with this, time Scotland voted Yes for some dignity http://t.co/zZoyNto497...
UK watchdog bans Trump ad on threat of wind farms in Scotland. LONDON – Britain's Advertising Standards Agency has ruled that Donald Trump's anti-wind farm advert… by The Associated Press on Wednesday, April 24, ...
Swinney comments on House of Lords report Wed, 10/04/2013 . Issuing a detailed response to the latest report from Westminster on independence Cabinet Secretary for Finance John Swinney said: . “It will be no surprise to people across Scotland that out of touch unelected Lords think Scotland is too small and too poor. Westminster has been peddling this nonsense for decades and even the No campaign no longer believe it.
“All the evidence, including in this report, shows Scotland is in a far stronger financial position than the UK as a whole.
“Pensions and welfare costs are more affordable with independence and even this report has to admit with independence the level of public debt faced by Scotland will be far less than as part of the UK. Scotland will be in a much stronger fiscal position as an independent country than the UK is either now, or in 2016.
“What the Lords fail to mention is that a No vote would see Scots, within the UK, responsible for over two trillion pounds of debt and liabilities worth 145% of GDP, significantly more than an independent Scotland would face under any calculation.
“We are firmly committed to ensuring the people of Scotland have all the information they need on the opportunities of independence to take the positive step forward with a Yes vote in 2014, which amongst other things would bring an end to unelected Lords talking Scotland down.”
Responding to claims on currency and defence Mr Swinney said;
“Retaining sterling as Scotland’s currency within a formal monetary union is a proposal endorsed by the leading and nobel prize winning impartial economists of the Fiscal Commission who advise governments and economic institutions around the world and who are very clear that this is in the UK’s best interests as well as Scotland’s.
“The report’s claims on defence jobs are simply ridiculous. Their claim that 25,000 jobs could go is undermined by evidence from the UK Government in the same report that the number of Mod personnel is 15,000 and the defence industry accounts for 12,000 at most.
“The only area where the Lords have hit the right note is in their view that the UK Government is failing to take the prospect of independence for Scotland seriously. We have repeatedly suggested that officials from both governments begin discussions around Scotland’s independence and the UK Government has repeatedly refused.
“The Scottish Government has set out an 18 month process of transition to independence, how continued membership of the EU could be delivered, published detailed proposals for Scotland’s fiscal and monetary systems from four of the world’s leading economists and in the coming months the Scottish Government will publish a series of papers, including Defence and Security, covering the main arguments for independence, leading to a white paper in the autumn that will set out the Government’s proposals for an independent Scotland.”
Note: Evidence provided to the inquiry:
Professor Charlie Jeffery: --- “the pound sterling is the best option in an independent Scotland.”
Professor Alex Kemp: --- “One point is worth bearing in mind. Although it is a big plus for Scotland, it would help the rest of the UK as well. If Scotland were in the sterling area, it would help sterling as well, as there would be a need to acquire sterling to buy the oil.”
Paul Johnston -Institute for Fiscal Studies: “Well, the benefits might lie in the same place that they always might for a region or a country that is gaining more independence. It would be able to make its own choices over the way in which it raises taxes and the way in which it disburses those taxes; it would be able to take those decisions closer to the people who are affected. The UK tax system is not a perfect thing of beauty.”
Paul Johnston -Institute for Fiscal Studies: “I should start this by saying that a country in Scotland’s position can clearly economically and fiscally survive perfectly well inside or outside the United Kingdom”
Jeremy Peat (David Hume Institute): “Scotland would have a GDP per head that was higher than practically every region in the rest of the UK, if oil and gas activity was allocated on a geographical basis.”
Professor Robert Rowthorn: “The fact that Scotland is small is in itself not so important because some of the lowest interest rates, yields and 10-year bonds are from small countries like Denmark, Finland, Sweden and Switzerland.” (House of Lords Economic Affairs Committee, 12 June 2012)
Rupert Murdoch's interest in winning independence for Scotland has ended. News International's top selling title in Scotland, The Scottish Sun – whose support is widely regarded as crucial to the "Yes" campaign in the run-in to the September 2014 referendum – will not be backing independence.
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