Mudcat Café message #3660447 The Mudcat Café TM
Thread #155459   Message #3660447
Posted By: Stu
15-Sep-14 - 10:30 AM
Thread Name: BS: scottish independence
Subject: RE: BS: scottish independence
The currency issue is a problem. I tackled my (tory) MP about it and he started foaming at the mouth, adamant there would be no currency union. But why should there be? The key word here is 'union' or 'shared'; it'll be a sodding huge whole in Scottish sovereignty if the BofE still dictates some economic policy. Have some balls Scotland and start afresh with a new currency.

A currency union would have to go to a referendum in rUK, and given Salmond's threat to lumber the poor of rUK with Scotland's share of the national debt (as it will be the poor who pay as usual) it's likely the vote would go against; the Scots are going to have a devil of a job persuading the ordinary working folk of rUK to underwrite their sovereign debt, the debut of a foreign country.

On the subject of oil, it's sad how quickly the kerching! of hydrocarbon dollars induces myopia in otherwise intelligent people. If Scotland is intend on wringing the North Sea of every drop of oil then we can kiss goodbye to any chance of preventing the worst consequences of global warning. Of course the Scots aren't alone in wallowing in the carbon mire with all the other troughers whilst the planet is tortured to death; they're about to frack the fuck out of England, but it exposes the lie in Scotland being any more progressive and forward-thinking than the rest of us. Never mind, our grandchildren can all suffer as one people.

Still, I'm massively in favour of independence. The Scots will be in charge of their own destiny, will no longer be "colonised by wankers" and will have to look inward to address their own failings or risk looking like mewling, petulant brats. The English have been doing that for years and look where we've ended up; a tilt to the right and the loss of our tending towards radicalism and social justice and equanimity. And you don't want to go there!