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Post by batchoy on Feb 13, 2014 18:34:10 GMT
So spokesmen from three main Westminster parties (thus covering all the bases for the next government) stand up say there will be no currency union if Scotland votes Yes to independence. The SNP treasury spokesman then goes on the radio and says that the statement was just a few gimmick by the No campaign and a currency union will happen. I think I've just worked out why they wear kilts and no underwear.  Are trying to imply that the whole thing is a bit of a b*lls up? No, that wearing a kilt and no underwear made it easy to get you head up your own ar*e which seems to be the standard position assumed by the SNP when their plans for independence are questioned.
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agent69
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Post by agent69 on Feb 13, 2014 18:57:34 GMT
I don't mind Scotland having independence, provided that we get back the money we used to bribe then into joining the union in 1707
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agent69
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Post by agent69 on Feb 13, 2014 19:01:47 GMT
I don't mind Scotland having independence, provided that we get back the money we used to bribe then into joining the union in 1707 And before anyone asks, no I won't accept a pile of blankets in lieu of the cash!
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bugs4me
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Post by bugs4me on Feb 13, 2014 22:29:18 GMT
I don't mind Scotland having independence, provided that we get back the money we used to bribe then into joining the union in 1707 I don't think it was a case of us bribing them but more of a bail out after their little adventures overseas - was the last one the Darien Scheme? Now listen up all, I'm no historian so please no flaming if I've got this all wrong. In fact, apologies in advance 
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Post by jevans4949 on Feb 14, 2014 8:43:36 GMT
So spokesmen from three main Westminster parties (thus covering all the bases for the next government) stand up say there will be no currency union if Scotland votes Yes to independence. The SNP treasury spokesman then goes on the radio and says that the statement was just a few gimmick by the No campaign and a currency union will happen. I think I've just worked out why they wear kilts and no underwear. Are trying to imply that the whole thing is a bit of a b*lls up? I thought he was implying that their pants caught fire.
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Post by jevans4949 on Feb 14, 2014 8:49:58 GMT
I don't mind Scotland having independence, provided that we get back the money we used to bribe then into joining the union in 1707 I don't think it was a case of us bribing them but more of a bail out after their little adventures overseas - was the last one the Darien Scheme? Now listen up all, I'm no historian so please no flaming if I've got this all wrong. In fact I'll apologies in advance Maybe the UK government can sell them the RBS shares - at the price we paid for them.
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mikeb
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Post by mikeb on Feb 14, 2014 18:35:32 GMT
Are trying to imply that the whole thing is a bit of a b*lls up? I thought he was implying that their pants caught fire. I thought he was implying we could hear them talk more clearly ... So many potential punchlines, it seems
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agent69
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Post by agent69 on Feb 14, 2014 18:49:44 GMT
I don't mind Scotland having independence, provided that we get back the money we used to bribe then into joining the union in 1707 I don't think it was a case of us bribing them but more of a bail out after their little adventures overseas - was the last one the Darien Scheme? I guess one mans bribe is another mans bailout (and I thought it was normally referred to as the Darien fiasco). Anyone who tries to corner the world market in blankets and then sell them to the residents of a hot sweaty central American country needs a check up from the neck up (all rights reserved Mr Angry). I don't mind them having independence so long as they don't come crawling back in 10 years time after the SNP have made a mess of things.
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Post by chielamangus on Feb 17, 2014 18:41:39 GMT
I think ye all a wee bit jealous that the Scots might free themselves of Westminster and Brussels simultaneously - a UKIP dream, and quite possibly the deep-seated desire of many an English, Welsh and Northern Irish Man! Ne'er mind, ye might get a referendum of your own in three years time. And then again, ye might not!
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Post by oldnick on Feb 17, 2014 19:37:43 GMT
I think ye all a wee bit jealous that the Scots might free themselves of Westminster and Brussels simultaneously - a UKIP dream, and quite possibly the deep-seated desire of many an English, Welsh and Northern Irish Man! Ne'er mind, ye might get a referendum of your own in three years time. And then again, ye might not! I thought the plan was to rejoin the EU but with a smaller voice to battle Brussels and with a currency that is controlled from - now where was it? Oh yes, Westminster! On the other hand perhaps Spain will block Scotland's entry (no sniggering!) in order to discourage its own breakaway regions: in which case it's 'a life on the open road' with not a care in the world. After all, if Norway can do it, so can Scotland. Better check the back of the settee first to see if there's the odd 100 billion tucked away there. What currency unit would that be though? 100 jocks to the Salmond maybe? I have several aquaintances who were either born Scottish or live there now - none of them at all interested in Alex's dream of immortality.
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Post by batchoy on Feb 17, 2014 20:18:17 GMT
As was pointed out on the radio today, Alex Salmond can parade as many experts supporting his arguments for GBP currency union and EU membership as he likes but it does not change the situation that the parties who will be on the other side of the negotiating table have said no to his plans.
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Post by bracknellboy on Feb 17, 2014 22:56:50 GMT
As was pointed out on the radio today, Alex Salmond can parade as many experts supporting his arguments for GBP currency union and EU membership as he likes but it does not change the situation that the parties who will be on the other side of the negotiating table have said no to his plans. Definite possibility that he will have to resort to the Dram, as previously noted, but which is uncomfortably close to the Dra chm a, and which presumably after its first devaluation will be known as the Wee Dram. While I hate to say it, in this case I have some sympathy for AS's position. Whatever the medium/long term, I would have thought that any currency decoupling would have to have a considerable lead time. Even though ultimately it should happen. The membership of EU is arguably at least if not more of an issue: not sure whether it does require unanimous vote, but if it does I cannot see Spain ever voting to allow Scotland in as an independent country. I guess if the GBP and the Euro are ruled out, perhaps they could adopt the $.
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Post by batchoy on Feb 18, 2014 8:24:48 GMT
As was pointed out on the radio today, Alex Salmond can parade as many experts supporting his arguments for GBP currency union and EU membership as he likes but it does not change the situation that the parties who will be on the other side of the negotiating table have said no to his plans. Definite possibility that he will have to resort to the Dram, as previously noted, but which is uncomfortably close to the Dra chm a, and which presumably after its first devaluation will be known as the Wee Dram. While I hate to say it, in this case I have some sympathy for AS's position. Whatever the medium/long term, I would have thought that any currency decoupling would have to have a considerable lead time. Even though ultimately it should happen. The membership of EU is arguably at least if not more of an issue: not sure whether it does require unanimous vote, but if it does I cannot see Spain ever voting to allow Scotland in as an independent country. I guess if the GBP and the Euro are ruled out, perhaps they could adopt the $. Decoupling a currency is easy, its getting something else in its place that is the time consuming bit. If (and its a big if) Scotland were to get EU membership they would probably be forced into taking the Euro. However under current rules they first have to bring their economy into line with a set of membership rules - and they wont have a separate economy until independence happens - then having met the rules, they have to link their currency to the Euro via ERM 2 for a further two years. However to do this Scotland would need its own currency, as a formal GBP currency union would be driven to suit the rUK economy not Scotland's need to match EU requirements, an informal currency union where Scotland just chose to use the GBP would be worse position to be in as they would have absolutely no control over the currency and no central bank to aid the banks in times of crisis or simple issue with liquidity. They could go for a currency board (Dollarisation) where they issue a Scottish pound and tie it to another currency i.e. GBP or Euro but this would mean that for each SP issued they need a minimum of 100% of the tied currency in their coffers. The final option would be a full independent currency which requires a central bank and all the regulatory authorities to be in place which requires legislation, experienced people, and all the infrastructure to support them. One of the problems is that the SNP want to do everything in a very short period of 18 months and in parallel, and why would you want to go into negotiation on currency union when parallel negotiations on EU membership could negate everything you were working on.
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Post by davee39 on Feb 18, 2014 18:25:45 GMT
Living in North East England I would rather like the chance to even out the sizes of the two potential countries by taking rule from the nearer capital - Edinburgh. Let the South have Cameron and the floods.
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Post by batchoy on Feb 27, 2014 14:50:44 GMT
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