The people's republic of Scotland

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Starting my week reading this was not pleasant.


Bank of England Panic! Scottish Independence Bank Run Already Underway! :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website


How on earth anyone could read this, and still think that it is all Westminster propaganda, is beyond me. The article is not made up, or wishful thinking. It is backed up with fact.

The damage already done to the British economy and the Pound, has only been at the possibility of a "YES" outcome to the vote on Thursday.

What on earth do you think will happen if it is a "YES" ?????


Damaging the Pound, and the SG insisting that they use it in a CU ??

Look to what happened in Cyprus, when funds in private bank accounts were siezed by the government.

Do you really think that it could/would not happen here?


I have my pension in Scotland, along with two investment bonds with Scottish companies, and I'm expected to not worry!


All those with heads buried in the sand, beware. At some point, someone will come along and park a bike in the crack of your a$$.




Steve.

Amazing how short peoples memories are, only difference is that the banks will now bypass the government held taxpayers money and rape the accounts directly, remember the recent bank bailout? Took your money then....
 
:rofl::rofl: Talk about paranoid just make your mark and live with what is decided that is democracy and Scotland is not south Africa.


Really
you are that confident that things don't get done in this country by who you know and brown envelopes?
god I wish i could be that confident

I have seen far to many deals large and small from corporate to public sector be decided on exactly that!

everyone has a price
 
So people still think it's not about oil - read the BBC article

BBC News - Platforms installed as £4.5bn Clair oil project proceeds

people are saying oil will run out by 2035 well according to the experts the Claire Field will be going into the 50's with an estimated 40 year life span.
How much revenue will that bring in to whoever controls it?
They will be cash rich and won't need to be reliant on the EU.
The reason for money leaving the UK at the moment is that there is a fear that Scotland will win independence and by doing so will cause a major monetary crisis in England due to the loss of oil revenue.

"Oil industry experts have described it as a "monster" field containing an estimated eight billion barrels of oil and some analysts believe oil produced there could see the Atlantic overtake the North Sea as the UK's biggest oil-producing region

"The safe installation of the two jackets in to the sea bed is a fantastic achievement by the project team, and is a very visible sign of our commitment to maintaining a successful long term business in the UK."

The Clair field was discovered in 1977 and is in water depths of about 140m
First development - Clair Phase 1- was sanctioned in 2001 and production commenced in February 2005
So far it has produced around 80 million barrels and is expected to continue in operation until 2028
Clair Ridge targets the area north of Clair Phase 1
Pipelines take the oil and gas to the Sullom Voe terminal on Shetland for processing
The Clair Ridge facilities are designed to continue producing until 2050."
 
They will be cash rich and won't need to be reliant on the EU.
The reason for money leaving the UK at the moment is that there is a fear that Scotland will win independence and by doing so will cause a major monetary crisis in England due to the loss of oil revenue.

"

If you still haven't got it after 83 pages then I think you need professional help with your fixation. :cuckoo:
 
So people still think it's not about oil - read the BBC article

BBC News - Platforms installed as £4.5bn Clair oil project proceeds

people are saying oil will run out by 2035 well according to the experts the Claire Field will be going into the 50's with an estimated 40 year life span.
How much revenue will that bring in to whoever controls it?
They will be cash rich and won't need to be reliant on the EU.
The reason for money leaving the UK at the moment is that there is a fear that Scotland will win independence and by doing so will cause a major monetary crisis in England due to the loss of oil revenue.

"Oil industry experts have described it as a "monster" field containing an estimated eight billion barrels of oil and some analysts believe oil produced there could see the Atlantic overtake the North Sea as the UK's biggest oil-producing region

"The safe installation of the two jackets in to the sea bed is a fantastic achievement by the project team, and is a very visible sign of our commitment to maintaining a successful long term business in the UK."

The Clair field was discovered in 1977 and is in water depths of about 140m
First development - Clair Phase 1- was sanctioned in 2001 and production commenced in February 2005
So far it has produced around 80 million barrels and is expected to continue in operation until 2028
Clair Ridge targets the area north of Clair Phase 1
Pipelines take the oil and gas to the Sullom Voe terminal on Shetland for processing
The Clair Ridge facilities are designed to continue producing until 2050."

There's Eight Billion barrels of oil, if we assume an average of $100 (a generous estimate) per barrel, that means $800bn worth of oil. Scotland will get 15% of that in tax revenues. That's $120bn or £75bn going into the economy over the next 40 years so £1.87bn pounds per year or half a weeks worth of interest payments on our national debt.

Alec Salmond is blinding people with these massive numbers. They're huge, gigantic numbers that look massively impressive and give the impression that they will pay for all of our personal helicopters but don't actually add up to anything. I'd be surprised if this amount of money would even pay for the logistics of becoming independent.

I'm not opposed to the idea of an independent Scotland, I'm not even sure that we are better off together but I'm certain that when you add up the cost of separating it will negate any benefit for generations.
 
I will, thanks for telling me to. BTW, The Queen didn't say what you've said. She didn't tell anyone to do anything. She only said "she hoped Scots would consider closely what their “important” votes would mean"

What are you talking about?

"She is understood to have remarked that “you have an important vote on Thursday”, before adding: "I hope everybody thinks very carefully about the referendum this week".

Silly and inaccurate pedantry. Where did I say she told anybody what to do?

" I can only repeat H.M. The Queen at Crathie Kirk today.....Think carefully before you vote!!" is what I said?

I imagine any-one with half a brain knows exactly what she means.

Grow up.
 
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There's Eight Billion barrels of oil, if we assume an average of $100 (a generous estimate) per barrel, that means $800bn worth of oil. Scotland will get 15% of that in tax revenues. That's $120bn or £75bn going into the economy over the next 40 years so £1.87bn pounds per year or half a weeks worth of interest payments on our national debt.

Alec Salmond is blinding people with these massive numbers. They're huge, gigantic numbers that look massively impressive and give the impression that they will pay for all of our personal helicopters but don't actually add up to anything. I'd be surprised if this amount of money would even pay for the logistics of becoming independent.

I'm not opposed to the idea of an independent Scotland, I'm not even sure that we are better off together but I'm certain that when you add up the cost of separating it will negate any benefit for generations.


The oil doesn't arrive on shore free either. As the 'easy' fields are worked out, the new fields are in deeper water with rougher weather and sea conditions raising costs dramatically. The old fields in relatively shallow water become progressively more expensive to work, so the net margin per barrel becomes small. The investment needed in equipment to recover the final 20-30% of a well's capacity is also frighteningly large and multinational oil firms will only make it if they are confident about future prices and the political / tax regime they will operate in. Nobody will make a new investment in offshore Scottish oilfields if there is a 'yes' vote until every last bit of uncertainty has been removed and they have cast-iron guarantees from the state - that will likely take a few years. The same effect is being predicted for Mr salmond's other great predicted Scottish energy moneyspinner, offshore wind turbine farms (no pun intended with 'moneyspinner'). The foreign companies who are doing all this work have already said a 'yes' vote will see an instant stop put on expansion and investment until they're confident that post-independence governments are committed to something like the present tax, payment, and subsidy regimes. Go to Arizona and California and you'll find thousands of square miles of rusting turbines - state governments couldn't afford the subsidies and as soon as they were cut, the windfarm owners declared themselves bankrupt and walked away from all the concrete and steel junk they'd installed. The remains will still be there in 1,000 years in these desert areas.
 
Does anyone know who will be permitted to be a scottish citizen and hold a scottish passport, can we all apply for dual nationality??
 
Farming leaders say 'No Thanks'




SCOTTISH AGRICULTURAL leadership veterans gathered near Stirling this week to back the campaign for a 'No' vote in the Independence Referendum.

25094755.jpg
NO MEN (from left) Willie Porter, Ian Grant, George Anderson, Peter Stewart, Donald Biggar, Peter Chapman, Sandy Inverarity, Jim Stobo, Bob Howatt, John Picken and George Lyon


Responding in kind to last week's 'Yes' campaign enrolment of four former NFUS presidents to argue the case for Scottish independence, the 'Better Together' campaign announced that it had six former presidents, nine former vice presidents and the former chair of Quality Meat Scotland on its side.
See The Scottish Farmer this week for the full story.



And your point is??

We can all find cut and pastes to back up our views.

The dishonesty of the yes campaigners is that they present these opinions as fact and then interpret disagreement as bullying.



PS Gu brath is 2 words....no such word as gubrath

PPS It can also mean 'never'........







 
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