Just heard. Nessie is relocating to the Lake District if we have a yes vote.
Stonehenge was Scottish we exchanged it in a secret deal for the real stone of destiny, which is now in hiding somewhere in Perthsire, we intend to bring it out next friday and crown Mr. Salmond, Eck the 1st, King of Scotland.
We know that's silly, how can you steal something that's airborne, however he was not as stupid as the people who tried it.
In fact it caused a real fuss up here, it even coined a phrase , most often heard in the West Highlands.
Said when some one attempts an impossible task
" AYE HE WAS TRYING TO CATCH THE WIND IN A BLANKET "
Crown him on the Stone of Destiny or crown him with it? Choose carefully it could make all the difference.
Taken from the UK Government Oil and Gas UK tables (a quick google will give you some truth):
"Significant production decline and increasing costs have led to total revenues from
UK oil and gas production dropping by 44% in 2012-13 and by 24% in 2013-14.
In the last two years Corporation Tax revenues have declined by 60% from £8.8
billion in 2011-12 to £3.6 billion in 2013-14 and Petroleum Revenue Tax by 45%
from £2.0 billion to £1.1 billion in 2013-14."
There, you can see that revenues are not going up, they're going down. Does everyone who thinks that oil revenue is going to dig us out of a hole understand that? There are many reasons for that, one being that the oil infrastructure in the North Sea is becoming aged, breaks down more frequently and requires more maintenance time to keep it safe. Once certain pieces of infrastructure break down, such as the major oil pipelines from the northern North Sea, getting out oil economically will become very hard. I really can't see revenues going up (unless the 100-years of oil off the west coast is actually found. I still think that the article written about this was written by an ardent nationalist trying to spread more disinformation, but I hope I'm wrong).
So, how can Alex keep the oil revenues coming in? If he increases oil taxation again (both Labour and the Tories have done that, raising corporation tax by 10% each time. After the second raise the investment in the North Sea went down significantly) all he will do is decrease the time until decommissioning. If he decreases tax to attract investment then he runs the risk that the overall tax take decreases. He could try targeted tax incentives, but whichever way you look at it it's likely that the oil tax will decrease. If it decreases at the rate that it has in the last two years then an independent Scotland relying on oil revenues would be goosed pretty quickly.
So, for those of you STILL thinking that oil is the great saver, and who choose to believe AS over Ian Wood (who has just completed a study which took several months looking into how the rapid decline can be reversed) it's time to wake up. Or just keep dreaming.
What I find odd about this point is the fact that the Scottish seem to make great play about character, pride and flair. Yet seem to be happy to rely on a resource for which they can receive no acclaim. It is a natural resource and they/we are lucky to have it. The way it is spent is what's important. Dubai seems to have learnt that it needs to develop industries which are independent of oil but I am not sure Scotland has done this. I would want to be proud of what we have achieved not what we have under the ground.
Mickeydredd;845661Unfortunately said:Fundamentally Scotland has no natural resources.
As with Ireland, its resource is its children and young adults and their education.
The Scots have always been an adventurous lot, prepared to travel and build their own future wherever the opportunities arise.
The brightest and the best are mobile and highly valued throughout the world.
Certainly in the rest of the UK.
Unfortunately the diaspora of those who have some get up and go are also disenfranchised in this referendum.
Opening the vote to 16 year olds was the height of cynicism.
I fear that a yes vote would be a vote to surely but steadily diminish the future for all young people in Scotland, leaving behind an ageing population of increasingly isolated, marginalised, angry and bitter people, who may come to regret their folly.
Sorry Howa but that is another ridiculous post.
Shabz were is your fighting spirit do you think Englanders would put up with being second best not a chance. Your a wimp mate and should be ashamed to call your self Scottish (If you are)![]()
Fundamentally Scotland has no natural resources.
As with Ireland, its resource is its children and young adults and their education.
The Scots have always been an adventurous lot, prepared to travel and build their own future wherever the opportunities arise.
The brightest and the best are mobile and highly valued throughout the world.
Certainly in the rest of the UK.
Unfortunately the diaspora of those who have some get up and go are also disenfranchised in this referendum.
Opening the vote to 16 year olds was the height of cynicism.
I fear that a yes vote would be a vote to surely but steadily diminish the future for all young people in Scotland, leaving behind an ageing population of increasingly isolated, marginalised, angry and bitter people, who may come to regret their folly.
Ok so I accept that on occasion, I talk bollox. But you then seem to support my argument. Without oil and as you say financial services what other industries/services are being developed to take the slack.
http://www.telegraph.co.uk/finance/...atchet-up-Scottish-independence-pressure.html

