Thursday, 30 July 2015
An SNP "Scottish" Currency Lie ? : Hiding the True Facts and Dangers of an Indy "Yes" vote ?
An SNP "Scottish" Currency Lie ? Hiding the real facts and Dangers behind an Indy "Yes" Vote ?
The SNP's insistence on its Indy Manifesto fronted by its head illusionist Alex Salmond that the "Scottish Pound " would be the currency if Scots voted for Independence was merely a "smoke and mirrors "untruthful attempt to instil the idea in Scots voters minds that Voting for Independence would mean that very little would really change apart from not having a Tory Government in Scotland any more and that Scots lives would stay much the same or even improve from what had been beforehand.
The truth is really that it was for one reason only and that was to stop Scots thinking for themselves of what other real unmentioned situations might come to pass and to stop them from even questioning the SNP's manifesto for Independence as being in any way whatsoever "risky" , "reckless" or " unwanted " in their own lives.
Salmond can claim of course he wasn't actually blatantly lying at the time because immediately after the Indy Referendum in the event of a "YES" vote the currency would by default still been the Pound, but thats where the story ends.
With the splitting up of UK assets between two Sovereign nations both parts required 2 basic things :-
1: An individual currency, and 2 : A powerful "national bank of last resort "
The reasons for this are that any government with its own fiscal budget and individual political policies regarding taxation and welfare spending programmes needs to be able to control its own fundraising (ie its own Goverment bonds issued in Financial markets), its own interest rate and the control of the supply of its own currency in circulation.
What you cannot ever have is two completely seperate European Governments of two Independent sovereign nations with different Political viewpoints running two completely different Fiscal spending plans , different Welfare policies and differing Taxation plans with one shared currency that only one country has responsibility for maintaining the stability of . That is only a recipe for disaster beacuse it would allow the other country to hold the other one to ransom or run the other into ruin by introducing poor taxation , spending plans and taking on loans in the money markets that could destroy the value of a currency in the money markets that they themselves have absolutely no responsibility for maintaining, it simply would never work.
Of course Alex Salmond knows this very well too and certainly knows also that two countries CAN share a currency but one would have to hand over sovereignty to the other that actually owns the currency to manage overall Fiscal policy and Currency control and that the actual solution already has a name "Devolution Max" so when the SNP were campaigning for "Independence" was this what the SNP really had in mind throughout the whole process if the Statement to share the pound was really a truthful one ?
More info on this issue here http://www.huffingtonpost.com/david-miles/memo-to-alex-salmond-inde_b_5074697.html
There were another couple of options the SNP could have adopted but of course were not discussed at all with the Nation most probably as one was unworkable and very costly even if physically possible and the other one would have been deeply unpopular with Voters and would no doubt have returned a clear NO vote on Independence.
Other than Devo Max the second option would have been a completely new currency (with its own exchange rate) and while this is a "real" option on the table it really would have been too ridiculous to contemplate, it would have meant Scots having to exchange money while crossing the border going out the country (even to England) and vice versa when anyone came into Scotland. It would be another problem for Tourists coming to the UK having to have carry two different currencies to vist England and Scotland and probably would hit the Tourist industry in both as many Tourists may just find it simpler just to go to Europe instead (visit multiple countries and use one currency only). A new currency would also create more red tape for Industries both in Scotland and all its trading partners and reduce Competitiveness and Profits by increasing costs (due to currency conversion costs). So therefore a complete non-starter and would be quickly ruled out.
The Third and most likely the very real SNP unspoken and unwitten plan if it truly wasn't lying to Voters that it had wanted "Devo Max" rather than true and real Independence can only have been a plan to adopt the Euro as the "new" Scottish currency, the reasons for this is that it would solve two of the SNP's biggest problems at a stroke.
1: It would provide the large established and powerful European Central Bank as the Scottish "Bank of Last Resort".
2: An available and widely used Currency , the European Bank alreadly owns the Euro, an existing currency that already is used widely in Europe, already traded on the World money markets and alreadly accepted all over the World for International Business transactions.
George Soros's view on a Scottish Currency http://www.telegraph.co.uk/news/uknews/scottish-independence/10692558/George-Soros-Scotland-sharing-the-pound-after-independence-is-impossible.html
Another Youtube Video presentation on options for "A Scottish Currency" is here ...while viewing this video its very important to remember clearly what has happened to interest rates in Russia and other countries that have and are dependent on Oil as large parts of their GDP , Government budgets and therefore spending plans for their nations. World Financial commodity shocks can and do cause countries to have long periods of high interest rates to protect their currencies which has been implications for Mortgage holders https://www.youtube.com/watch?v=mBC0mLFz91o
So what "evidence" exists that the real unspoken and unpublished plan that the SNP had for Scotland's New currency all along in fact was the Euro all the time ?
1: Well the SNP has said all along that Rejoining the EU would be a priority for it and all other recent new membership Countries of the EU have had to adopt the Euro as a Currency as well, this is a very unpopular issue with Voters in Poland but they wanted to join the EU and were simply not allowed to join without signing up to adopt the Euro as part of that sign-up. (They have agreed to change to the Euro when some of the debt issues in the EU have been resolved)
see here for more info
https://en.wikipedia.org/wiki/Poland_and_the_euro
2: Is there evidence that the SNP itelf has shown as Policy willingness to adopt the Euro ? Well yes there is , the SNP is very pro-EU and sees further integration with Europe as the future. In a past speech to the European Centre for Policy Studies Alex Salmond speaking as leader of the SNP not only supported Scotland joining the Euro but actually attacked the pound that he tried to say Scotland would keep after an Indy "YES " vote , can this man be trusted at all to ever be telling the truth ? He described the Pound as "''a millstone round Scotland's neck'' and challenged the euro's supporters to launch a more aggressive debate against the new currency's critics.
Salmond then went on to say "''I think that being outside the euro area is already penalising the Scottish economy. In the medium-term, the longer we stay out, the more damage will accumulate. The euro is an example of why Scotland needs membership status so that it can take a decision on entry into the single currency,'' and also said "'Scotland is a trading nation and our main trading partner is the EU. At present, over 60% of our manufactured exports are to the EU and it is to Europe that we must look to secure Scottish prosperity and Scottish jobs,'' he told his audience of European officials and diplomats."
See more here: http://www.heraldscotland.com/news/12207577.Salmond_in_call_to_dump_millstone_of_the_pound/
The Euro has also been highlighted as a Scottish currency at other times too.
"Alex Salmond and his ministers know there are other options, not least because they used to champion one of them.Not so long ago the Scottish National Party was a fan of the European single currency.As recently as 2009, at the SNP's annual conference in Inverness, the party's former treasurer, Ian Blackford, argued that being "tied to sterling" after independence would mean Scotland having to, "pay the price in higher interest rates while being exposed to a currency that has a history of suffering from wild fluctuations".
see more here: http://www.bbc.co.uk/news/uk-scotland-scotland-politics-26168002
So it appears that Alex Salmond was speaking with a forked tongue with the backing of the rest of the SNP while deliberately trying to deceive Voters on what any potential Scottish currency would ultimately be ? The SNP has talked down the Pound in Scotland as a currency openly in Public several times now in the past while it can also be seen that it has often said it sees the benefits of the Euro over the Pound as a currency many times.
So why was then was the SNP so afraid to put it on the Indy manifesto ? Is it simply because it knows the Scottish electorate would quickly reject that policy and return a massive "NO" vote and therefore the SNP set out a deliberate plan of deception to win a YES vote by presenting a a false and untruthful manifesto to the whole nation instead ?
What does that really say about the SNP's trustworthyness and of it's need to exert "control" over the nation by deceit ?
Of course one avenue may have been to use one of the SNP's most favoured tactics, just go ahead and offer a hugely populist but completely unrealistic plan to the electorate to gain political power and then when the "ridiculous proposal" is rejected by the rest of the UK government that your trying to divorce yourself from, you can then produce your "policy of greivance" Joker card ,blame Westminster for not accepting your own wonderfully credible original plan and use "your mandate" you say the Scottish electorate gave you to default the Scottish electorate into the deeply unpopular Euro against the will of a nation. Job done, the SNP and Alex Salmond get what they have openly wanted for years and the UK government gets the blame for it.
We know the SNP would blame the UK Government for this as everything is always the fault of Westminster and not ever the fault of the SNP.
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#activesnp #BothVotesSNP #sp16 #Holyrood #Indycamp #Indyref2 #SNPout #SNP
#SNPcult #Scotland
# Rangers #Celtic #SNPLies
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Tuesday, 28 July 2015
How and why the rapidly falling Oil Price could have caused Family breaking high Mortgage rates in an Indy Scotland.
Another major issue with falling World Oil prices that hasn't been given much thought in an Independent Scotland and even less talked about by the SNP (understandably) is the effect it may have had on "Scottish Mortgage Rates" and its devasting effect on Scottish Homeowners.
If Scotland had been already an Independent country when this Oil price fall had hit , not only would working families have had to bear the brunt of likely heavy increases in a local Income Tax to make up the shortfall in the Scottish budget, ordinary Scottish Homeowners with Mortgages in the nation may have also had to cope with additional crippling Bank Interest rate rises that the Scottish Government of the day would most likely have had to implement in order to protect against the value of its currency falling due to steeply falling Government Oil Revenues. Protecting the value of a Countries currency is important and essential for creating a stable exchange rate for its Industries that trade with the rest of the World. To give some idea of just how disastrous this would have been to millions of Scottish families consider how any individual in Scotland would cope with a shock 15-17% Mortgage rate as this was the Bank exchange rate Russia too had to implement to protect the value of its own currency due to its own shortfall in its own finances because of the falling Oil price last year. Russia's interest rate is still currently 12% more than six months later. Other Oil producing countries had to cope with similar problems. The UK overall escaped this because Oil is only 3-5% of UK GDP but would have been around 15-18% of an Independent Scotlands GDP , this is one of the realities and huge risks of being an Independent Scotland having to cope with World commodity shocks..would it really have been worth the risk of tens of thousands of Scots losing their Homes and family lives when they couldn't keep up mortgage payments due to punitive levels of interest rates in an Independent Scotland ? This could have brought hardship and utter misery to a whole nation but the SNP do not want you to consider the consequencies of this scenario in the slightest. There have been many Oil shocks in past fairly recent History and there will be more Oil shocks in the future as surely eggs are eggs and the Scottish Government has no means whatsoever of protecting Homeowners from these if it were Independent whenever they happen, as they are outwith Government control. The only way to try to cope with shocks like these is to stay part of a much wider and broader Industrial economy where individual commodity shocks have an overall smaller effect on the economy and preferably as part of a Country that actually can control its own interest rates , its own stable currency and therefore its own long term financial destiny.
This is a real scenario not a theoretical one but have Scottish Voters really understood the risks or have they merely been blindly misled and ill advised by the SNP for their own agenda. It's not the SNP MP's that could lose the roofs over their heads with £75 salaries and expense accounts but the families of ordinary working Scots. SNP MP's will have nothing to lose in this siuation but ordinary working families have everything to lose. With high interest rates and people rushing to sell to get out of ever rising debts House prices would also likely be hit hard , good for buyers , not good for forced sellers at all.
How would Scots really cope with a substantially higher Mortgage Interest Rate in Scotland than England because this is a very real potential result of breaking away from the UK's larger, more stable economy and broader Industrial base , my guess is that they would be less than happy ? Understatement ? So why aren't Scots taking this whole issue seriously yet ?
Russian Interest rates http://www.global-rates.com/interest-rates/central-banks/central-bank-russia/cbr-interest-rate.aspx
Venezuela Interest rate (also has a large part of its Economy based on Oil )
http://www.tradingeconomics.com/venezuela/interest-rate
Winners and Losers from falling Oil prices
http://www.bbc.co.uk/news/business-29643612
Why do Governments have to control the Interest Rate anyway ? :
Interest rates are one lever used to control the economy. The MPC's remit is to keep inflation near the official target of 2%. Raising the base rate should bring down inflation by encouraging saving and deterring people from borrowing - thus lowering demand for goods in the shops. Lowering rates should stimulate economic demand and push up prices, as consumers would be left with more disposable income after paying mortgage costs.
This base rate is used to calculate repayments for tracker and variable-rate mortgages. The interest rates paid on savings accounts should also move in line with the base rate, although retail banks are not obliged to pass on changes in full.
Another Youtube Video presentation on options for "A Scottish Currency" is here ...while viewing this video its very important to remember clearly what has happened to interest rates in Russia and other countries that have and are dependent on Oil as large parts of their GDP , Government budgets and therefore spending plans for their nations. World Financial Commodity shocks like for the price of Oil can and do cause countries to have long periods of high interest rates to protect their currencies which has been implictations for Mortgage holders https://www.youtube.com/watch?v=mBC0mLFz91o
While younger Homeowners probably only remember lower levels of interests rates in recent times, they have been as high as 14% in the 1990's after ERM exit and over 12% in the 1970's, these were periods when many people struggled to keep up morgage payments and many of course evntually often lost their Homes. Small countries generally have unstable and unpredictable economies, larger ones with a broader selection and number of Industries generally always fare better than smaller ones when economic winds blow hard.
Full Historic Interest Data here http://www.theguardian.com/news/datablog/2011/jan/13/interest-rates-uk-since-1694
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What happened in Russia could easily have happened in an Independent Scotland too because in Scotland "Oil is not just a bonus" no matter what the SNP say.
"On Russia’s “Black Tuesday” this week (16 December 2014), the Central Bank tried to stop the rouble’s value falling by hiking interest rates to 17%. It didn’t work. The bankers and corporations panicked; the rouble kept falling. It has now lost half its value in six months. The main cause is the falling price of oil, on which the Russian economy is heavily dependent.
Now Russian people are likely to pay the price, with inflation, unemployment and falling living standards. More than at any time since president Vladimir Putin became the Moscow elite’s dominant figure 15 years ago, he is likely to face a population troubled by serious economic hardship.Q. So what were the triggers for this week’s collapse of the rouble?
A. Low oil prices, which always threatened to undermine the Putin set-up, have arrived.
See more here http://rs21.org.uk/2014/12/18/the-spectre-of-social-unrest-is-haunting-putins-russia/
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Irina Fedulova and her husband have repaid more than one-third of their $150,000 housing loan, but they owe more than when they started, thanks to the collapse of the Russian ruble.
The loan was in dollars but “our salaries are in rubles, and we realize we can't pay it the way things are,” the 42-year-old chemist said by phone from Nizhny Novgorod. “We are so desperate we might have to sell our three-room apartment and move into a smaller one, if we can afford it now.”
Millions of middle-class Russians are facing unexpected hardship this winter amid a 40% decline in global oil prices http://touch.latimes.com/#section/-1/article/p2p-82305345/
-------------------------------------------------------------------------------------------------------------------------
Russian energy executives expect that the current slump will correct itself by mid-2015, as demand picks up and the existing glut of supplies disappears. Yet, what happens if these expectations do not come to pass? If significantly lower global energy prices represent a “new normal” that is likely to persist for years to come, however, what then?
See more http://nationalinterest.org/feature/russias-double-trouble-dilemma-crashing-oil-prices-tough-11939
( Editor: It's now September 2014 and Interest rates in Russia ie Morgages are still at 12% having been at 17% and 15% in the last year since the Oil price fall...how would you lives in Scotland be affected by similar Interest rates induced by a Currency Crisis caused by the same Oil price drop affecting Scotland ? This is one of the Dangers of ever being a small country with a large part of its national spending budget depending on the Oil price, despite what the SNP say "Oil is NOT just a bonus" to the Scottish budget, its essential to its financial stability as long as Scotland carries the £9 billion "onshore" budget deficit shortfall, a shortfall that could take anywhere from 50-100 years to attempt to rectify with no guaranteee of success )
-------------------------------------------------------------------------------------------------------------------------
Whats a currency crisis ? https://en.wikipedia.org/wiki/Currency_crisis
Update 17 Jan 2016 How a small Oil rich country is not coping with the fall in the Oil price and how its facing disastrous economic issues http://www.bbc.co.uk/news/world-latin-america-35329617
#activesnp #BothVotesSNP #sp16 #Holyrood #Indycamp #Indyref2 #SNPout #SNP
#SNPcult #Scotland
# Rangers #Celtic #SNPLies
#Photooftheday #Dundee #Yescity #Glasgow #Dundee #Aurora #Cats #Dogs #Mull #Skye
#Yessnp #Yes #celebsforindy #Tech #SNPcult #Cults #ScottishResistance #DavidIcke
#Hamilton #Larkhall #Stonehouse #Nairn #Culloden #Inverness #Fracking
#BBCScotland
If Scotland had been already an Independent country when this Oil price fall had hit , not only would working families have had to bear the brunt of likely heavy increases in a local Income Tax to make up the shortfall in the Scottish budget, ordinary Scottish Homeowners with Mortgages in the nation may have also had to cope with additional crippling Bank Interest rate rises that the Scottish Government of the day would most likely have had to implement in order to protect against the value of its currency falling due to steeply falling Government Oil Revenues. Protecting the value of a Countries currency is important and essential for creating a stable exchange rate for its Industries that trade with the rest of the World. To give some idea of just how disastrous this would have been to millions of Scottish families consider how any individual in Scotland would cope with a shock 15-17% Mortgage rate as this was the Bank exchange rate Russia too had to implement to protect the value of its own currency due to its own shortfall in its own finances because of the falling Oil price last year. Russia's interest rate is still currently 12% more than six months later. Other Oil producing countries had to cope with similar problems. The UK overall escaped this because Oil is only 3-5% of UK GDP but would have been around 15-18% of an Independent Scotlands GDP , this is one of the realities and huge risks of being an Independent Scotland having to cope with World commodity shocks..would it really have been worth the risk of tens of thousands of Scots losing their Homes and family lives when they couldn't keep up mortgage payments due to punitive levels of interest rates in an Independent Scotland ? This could have brought hardship and utter misery to a whole nation but the SNP do not want you to consider the consequencies of this scenario in the slightest. There have been many Oil shocks in past fairly recent History and there will be more Oil shocks in the future as surely eggs are eggs and the Scottish Government has no means whatsoever of protecting Homeowners from these if it were Independent whenever they happen, as they are outwith Government control. The only way to try to cope with shocks like these is to stay part of a much wider and broader Industrial economy where individual commodity shocks have an overall smaller effect on the economy and preferably as part of a Country that actually can control its own interest rates , its own stable currency and therefore its own long term financial destiny.
This is a real scenario not a theoretical one but have Scottish Voters really understood the risks or have they merely been blindly misled and ill advised by the SNP for their own agenda. It's not the SNP MP's that could lose the roofs over their heads with £75 salaries and expense accounts but the families of ordinary working Scots. SNP MP's will have nothing to lose in this siuation but ordinary working families have everything to lose. With high interest rates and people rushing to sell to get out of ever rising debts House prices would also likely be hit hard , good for buyers , not good for forced sellers at all.
How would Scots really cope with a substantially higher Mortgage Interest Rate in Scotland than England because this is a very real potential result of breaking away from the UK's larger, more stable economy and broader Industrial base , my guess is that they would be less than happy ? Understatement ? So why aren't Scots taking this whole issue seriously yet ?
Russian Interest rates http://www.global-rates.com/interest-rates/central-banks/central-bank-russia/cbr-interest-rate.aspx
Venezuela Interest rate (also has a large part of its Economy based on Oil )
http://www.tradingeconomics.com/venezuela/interest-rate
Winners and Losers from falling Oil prices
http://www.bbc.co.uk/news/business-29643612
Why do Governments have to control the Interest Rate anyway ? :
Interest rates are one lever used to control the economy. The MPC's remit is to keep inflation near the official target of 2%. Raising the base rate should bring down inflation by encouraging saving and deterring people from borrowing - thus lowering demand for goods in the shops. Lowering rates should stimulate economic demand and push up prices, as consumers would be left with more disposable income after paying mortgage costs.
This base rate is used to calculate repayments for tracker and variable-rate mortgages. The interest rates paid on savings accounts should also move in line with the base rate, although retail banks are not obliged to pass on changes in full.
Another Youtube Video presentation on options for "A Scottish Currency" is here ...while viewing this video its very important to remember clearly what has happened to interest rates in Russia and other countries that have and are dependent on Oil as large parts of their GDP , Government budgets and therefore spending plans for their nations. World Financial Commodity shocks like for the price of Oil can and do cause countries to have long periods of high interest rates to protect their currencies which has been implictations for Mortgage holders https://www.youtube.com/watch?v=mBC0mLFz91o
While younger Homeowners probably only remember lower levels of interests rates in recent times, they have been as high as 14% in the 1990's after ERM exit and over 12% in the 1970's, these were periods when many people struggled to keep up morgage payments and many of course evntually often lost their Homes. Small countries generally have unstable and unpredictable economies, larger ones with a broader selection and number of Industries generally always fare better than smaller ones when economic winds blow hard.
Full Historic Interest Data here http://www.theguardian.com/news/datablog/2011/jan/13/interest-rates-uk-since-1694
--------------------------------------------------------------------------------------------------------------------------
What happened in Russia could easily have happened in an Independent Scotland too because in Scotland "Oil is not just a bonus" no matter what the SNP say.
"On Russia’s “Black Tuesday” this week (16 December 2014), the Central Bank tried to stop the rouble’s value falling by hiking interest rates to 17%. It didn’t work. The bankers and corporations panicked; the rouble kept falling. It has now lost half its value in six months. The main cause is the falling price of oil, on which the Russian economy is heavily dependent.
Now Russian people are likely to pay the price, with inflation, unemployment and falling living standards. More than at any time since president Vladimir Putin became the Moscow elite’s dominant figure 15 years ago, he is likely to face a population troubled by serious economic hardship.Q. So what were the triggers for this week’s collapse of the rouble?
A. Low oil prices, which always threatened to undermine the Putin set-up, have arrived.
See more here http://rs21.org.uk/2014/12/18/the-spectre-of-social-unrest-is-haunting-putins-russia/
-------------------------------------------------------------------------------------------------------------------------
Irina Fedulova and her husband have repaid more than one-third of their $150,000 housing loan, but they owe more than when they started, thanks to the collapse of the Russian ruble.
The loan was in dollars but “our salaries are in rubles, and we realize we can't pay it the way things are,” the 42-year-old chemist said by phone from Nizhny Novgorod. “We are so desperate we might have to sell our three-room apartment and move into a smaller one, if we can afford it now.”
Millions of middle-class Russians are facing unexpected hardship this winter amid a 40% decline in global oil prices http://touch.latimes.com/#section/-1/article/p2p-82305345/
-------------------------------------------------------------------------------------------------------------------------
Russian energy executives expect that the current slump will correct itself by mid-2015, as demand picks up and the existing glut of supplies disappears. Yet, what happens if these expectations do not come to pass? If significantly lower global energy prices represent a “new normal” that is likely to persist for years to come, however, what then?
See more http://nationalinterest.org/feature/russias-double-trouble-dilemma-crashing-oil-prices-tough-11939
( Editor: It's now September 2014 and Interest rates in Russia ie Morgages are still at 12% having been at 17% and 15% in the last year since the Oil price fall...how would you lives in Scotland be affected by similar Interest rates induced by a Currency Crisis caused by the same Oil price drop affecting Scotland ? This is one of the Dangers of ever being a small country with a large part of its national spending budget depending on the Oil price, despite what the SNP say "Oil is NOT just a bonus" to the Scottish budget, its essential to its financial stability as long as Scotland carries the £9 billion "onshore" budget deficit shortfall, a shortfall that could take anywhere from 50-100 years to attempt to rectify with no guaranteee of success )
-------------------------------------------------------------------------------------------------------------------------
Whats a currency crisis ? https://en.wikipedia.org/wiki/Currency_crisis
Update 17 Jan 2016 How a small Oil rich country is not coping with the fall in the Oil price and how its facing disastrous economic issues http://www.bbc.co.uk/news/world-latin-america-35329617
#activesnp #BothVotesSNP #sp16 #Holyrood #Indycamp #Indyref2 #SNPout #SNP
#SNPcult #Scotland
# Rangers #Celtic #SNPLies
#Photooftheday #Dundee #Yescity #Glasgow #Dundee #Aurora #Cats #Dogs #Mull #Skye
#Yessnp #Yes #celebsforindy #Tech #SNPcult #Cults #ScottishResistance #DavidIcke
#Hamilton #Larkhall #Stonehouse #Nairn #Culloden #Inverness #Fracking
#BBCScotland
The SNP's everchanging "Morals".
"The SNP moral high ground is built on shifting sands"
SNP speeches in westminster in recent weeks have often tried to connect SNP Politics to important Socialist Politicians of the past to give themselves credibility, most recently Mhiari Black attempted to use Tony Benn's name to give the SNP party's ideals as having some Socialist content. However she failed at the first hurdle by failing to see from the start that what Tony Benn stood for was "open democracy and no borders" where the SNP itself goes out of its way to cause division and to create borders at every turn by driving a wedge in the Scots nation and attacking Labour and Torys constantly while not actually doing anything in the way of improving anything at all for Scotland. The SNP that likes to talk about being Progressive whiel increasingly this seems to mean producing ever more "Progressive "smoke and mirror lies and "Progressively" more SNP policy U turns to give the impression that they are actually producing anything at all.
"Other SNP maiden speeches have made high-faluting references to Rosa Parks, Franklin D. Roosevelt and Keir Hardie, another constant refrain being “we didn’t leave Labour, Labour left us”. Ms Black’s maiden speech, commented group leader Angus Robertson, was “principled and passionate”, but while no one could question the latter adjective, can a brand new 20-year-old MP really be called “principled”?
Giddy on their own brilliance, meanwhile, the SNP operate in an unprincipled way while presenting every U-turn or tactical shift as a point of principle. Fox hunting, for example, was a hitherto unknown point of principle, while on fracking – not to mention a range of other policy areas – the party increasingly faces both ways"
See more here
http://www.heraldscotland.com/opinion/13464511.The_SNP_moral_high_ground_is_built_on_shifting_sands/?ref=twtrec
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The SNP's dubious Morals have also been getting demonstrated in the early weeks at Westminster
"Invasion of the McManiacs: Boorish, boozy, picking fights... Even Nicola Sturgeon's alarmed by the Commons antics of the SNP's yob MPs "
SNP speeches in westminster in recent weeks have often tried to connect SNP Politics to important Socialist Politicians of the past to give themselves credibility, most recently Mhiari Black attempted to use Tony Benn's name to give the SNP party's ideals as having some Socialist content. However she failed at the first hurdle by failing to see from the start that what Tony Benn stood for was "open democracy and no borders" where the SNP itself goes out of its way to cause division and to create borders at every turn by driving a wedge in the Scots nation and attacking Labour and Torys constantly while not actually doing anything in the way of improving anything at all for Scotland. The SNP that likes to talk about being Progressive whiel increasingly this seems to mean producing ever more "Progressive "smoke and mirror lies and "Progressively" more SNP policy U turns to give the impression that they are actually producing anything at all.
"Other SNP maiden speeches have made high-faluting references to Rosa Parks, Franklin D. Roosevelt and Keir Hardie, another constant refrain being “we didn’t leave Labour, Labour left us”. Ms Black’s maiden speech, commented group leader Angus Robertson, was “principled and passionate”, but while no one could question the latter adjective, can a brand new 20-year-old MP really be called “principled”?
Giddy on their own brilliance, meanwhile, the SNP operate in an unprincipled way while presenting every U-turn or tactical shift as a point of principle. Fox hunting, for example, was a hitherto unknown point of principle, while on fracking – not to mention a range of other policy areas – the party increasingly faces both ways"
See more here
http://www.heraldscotland.com/opinion/13464511.The_SNP_moral_high_ground_is_built_on_shifting_sands/?ref=twtrec
----------------------------------------------------------------------------------------------------------------------
The SNP's dubious Morals have also been getting demonstrated in the early weeks at Westminster
"Invasion of the McManiacs: Boorish, boozy, picking fights... Even Nicola Sturgeon's alarmed by the Commons antics of the SNP's yob MPs "
Two weeks on from the Election, the longest-serving member of the House of Commons, Gerald Kaufman, issued a withering assessment of the behaviour of the unprecedented intake of 56 Scottish Nationalist MPs (up from just six in 2010).
‘I think that their conduct is infantile,’ said Mr Kaufman yesterday. ‘They’re goons, and if they go on like this, instead of using their undoubted mandate from the Scottish people to be serious about issues on behalf of Scotland, they will devalue themselves.
Mr Kaufman is not alone at Westminster in his view of the new SNP members’ boorish and puerile antics: day after day since election night, they have displayed an uncanny ability to make headlines for the wrong reasons
The SNP party’s first week in Westminster was dominated not by talk of the SNP opposing Tory ‘austerity’, but by tales of members carousing in Commons bars and scoffing subsidised junk food in its restaurants. Its new intake of MPs generated further hostile news by taking ‘selfies’ in the Palace of Westminster (in deliberate breach of rules that outlaw photography there), rudely ignoring requests not to clap in the Commons chamber, and brashly evicting the Lib Dems from offices they’d occupied for more than a century.
Their second week in Westminster, which began on Monday with the election of the Commons Speaker, saw Scotland’s new lawmakers mount a bizarre effort to force 83-year-old Labour MP Dennis Skinner to give up his customary front-bench seat in Parliament. (This particular bit of pitiful behaviour was strongly rumoured to be Alex Salmonds idea...why should be be surprised at that though ?)
In a further twist, the official swearing-in of new MPs descended into farce when one left-wing SNP member, Hannah Bardell, was required to take her oath twice after she ‘forgot’ to mention the Queen the first time.
Later, a colleague, Natalie McGarry, a fierce anti-monarchist, used Twitter to disown the vow she had just taken.‘As long as in your heart and your head you believe sovereignty lies with the people, doesn’t matter what comes out your mouth,’ she declared (Wouldn't this statement suggest that some SNP's are simply willing to lie at any time to get whatever they want, are untrustworty and have few morals ?)
On Thursday, someone described as a ‘senior SNP MP’ broke ranks — albeit anonymously — to warn his colleagues that their recent behaviour is giving the party a bad name.
‘Behave yourself and act like adults,’ he told fellow MPs. ‘Don’t go causing unnecessary fights. We are here to represent our constituents. It is serious business.’
The remarks, said to have been issued with the approval of Ms Sturgeon, may on the face of things seem perfectly straightforward.
Yet behind the scenes, they are anything but. For informed observers believe they represent not just an attempt to curb the excesses of some of the party’s fresh intake of MPs, but also a coded criticism of the way Sturgeon’s predecessor as SNP leader, Alex Salmond, is influencing their behaviour in London.
Salmond is understood to approve of a proposal recently floated by ‘senior’ SNP sources in Westminster for Scotland to hold a second independence referendum without the Prime Minister’s permission, should he refuse to sanction one.
Ms Sturgeon is, crucially, vigorously opposed to such a plan. Little wonder, therefore, that recent events have sparked rumours of a growing power struggle between the two politicians
Elsewhere, the social habits of the new MPs, who have been largely billeted at the £200-a-night Park Plaza, (No evidence of the "No Austerty SNP" here then ?) a short stagger over Westminster Bridge, are generating their fair share of unhelpful coverage.
Take the aforementioned Mr MacNeil. On election night, he claims to have attempted to down a drink for every SNP gain, and last week told a reporter: ‘I got as far as 43.’
Tommy Sheppard, a comedy club impresario who won in Edinburgh East, has reported draining an entire bottle of Oban whisky with his agent on election night, before moving on to a second bottle — ‘A special one I got for my birthday’.
‘It wasn’t really a celebration, more an anaesthetic,’ he claims.
What does the sober Ms Sturgeon think of such comments? She has yet to say, but they seem at odds with the ethos of a party which has — in an effort to clamp down on binge drinking — endorsed minimum pricing on alcohol.
In Westminster, the SNP MPs’ celebrations have nonetheless continued in earnest.
‘The new Scottish battalion chooses as its Commons howff [headquarters] the Sports and Social Club, located in a basement near the rubbish bins,’ wrote George Kerevan, new MP for East Lothian, in a diary for the Scotsman newspaper, last week. ‘Inside, this looks and feels like a Glasgow pub.’
According to one Westminster blog, Mhairi Black (who once dubbed the vodka-based Smirnoff Ice ‘drink of the Gods’ on her Twitter feed) was spotted there drinking ‘snakebite’ — an intoxicating drink popular with teens, which consists of half a pint of lager, half a pint of cider and a shot of blackcurrant cordial.
So visible and constant is the contingent of SNP members in the subsidised bar that it was reported last week that members are now nicknaming it the ‘Rabbie Burns"
Read more about the SNP bad behaviour here : http://www.dailymail.co.uk/news/article-3093537/Invasion-McManiacs-Boorish-Boozy-Picking-fights-Nicola-Sturgeon-s-alarmed-Commons-antics-SNP-s-yob-MPs.html#ixzz3hAhrMUII
Read more about the SNP bad behaviour here : http://www.dailymail.co.uk/news/article-3093537/Invasion-McManiacs-Boorish-Boozy-Picking-fights-Nicola-Sturgeon-s-alarmed-Commons-antics-SNP-s-yob-MPs.html#ixzz3hAhrMUII
There's plenty of evidence here of the dubious morals of the "Say one thing...do another SNP Party)
Monday, 27 July 2015
Why the SNP don't like to talk about Oil much now and why
What the SNP don't like to talk about but what Scottish Oil workers already knew
The SNP don't like to talk about the Oil market cycle, a price cycle that always moves up and down with the changing performance of the constantly moving World economy. They don't like to talk about it because they cannot control it, which was clearly shown in their previous Independence grossly over optimistic manifesto, when they predicted it would shortly reach a price of $130 per barrel, today though on 27 July 2015 it is $53 with the price still currently dropping again in the expection of Iranian Oil re-entering the market shortly after its Nuclear deal and the dropping of sanctions by Western powers.With additional Iranian Oil going to reach an alreadly oversupplied market glut the Oil price can only be expected to continue to keep falling. It has been predicted by some that the price per barrel could finally reach $40 or even $30 per barrel. This would have been disastrous for the finances of an Independent Scotland and would have meant heavy Income tax rises for all working families to make up the shortfall in the Scottish Governments spending budget.
The continuing Oil price fall is affecting investment in the North Sea as well as many job losses as companies cut back due to the oversupply of Oil into markets, an estimated 5,500 jobs have already been lost in UK compnaies and it has been estimated it may reach 10, 000 jobs lost.
The SNP independence manifesto deliberately used the highest figures available for the Oil price to produce an grossly overoptimistic view of how a Independent Scotlands financial situation would be. The falling Oil price though has shown what a childish and reckless attempt at over-egging the realities of an Independent Scotland Finances for one reason only ...to gain votes even though that plan has been now shown to have been seriously flawed with no calculations of risk included at all or even of any warnings to voters that the Oil price was variable and could fall with all the difficulties for Scots families that scenario would bring.
"Alex Salmond and Nicola Sturgeon also promised referendum voters that another “Oil boom was on the horizon, but the UK Office for Budget Responsinility said revenues are set to actually fall to 0.05 per cent of UK national wealth in 2015/16, which is the lowest figure in 40 years. "
"The impartial Office for Budget Responsibility (OBR) dramatically revised down its predictions for how much oil and gas will generate for the rest of the decade, projecting the sector will only generate £600 million in 2016/17.
The SNP don't like to talk about the Oil market cycle, a price cycle that always moves up and down with the changing performance of the constantly moving World economy. They don't like to talk about it because they cannot control it, which was clearly shown in their previous Independence grossly over optimistic manifesto, when they predicted it would shortly reach a price of $130 per barrel, today though on 27 July 2015 it is $53 with the price still currently dropping again in the expection of Iranian Oil re-entering the market shortly after its Nuclear deal and the dropping of sanctions by Western powers.With additional Iranian Oil going to reach an alreadly oversupplied market glut the Oil price can only be expected to continue to keep falling. It has been predicted by some that the price per barrel could finally reach $40 or even $30 per barrel. This would have been disastrous for the finances of an Independent Scotland and would have meant heavy Income tax rises for all working families to make up the shortfall in the Scottish Governments spending budget.
The continuing Oil price fall is affecting investment in the North Sea as well as many job losses as companies cut back due to the oversupply of Oil into markets, an estimated 5,500 jobs have already been lost in UK compnaies and it has been estimated it may reach 10, 000 jobs lost.
The SNP independence manifesto deliberately used the highest figures available for the Oil price to produce an grossly overoptimistic view of how a Independent Scotlands financial situation would be. The falling Oil price though has shown what a childish and reckless attempt at over-egging the realities of an Independent Scotland Finances for one reason only ...to gain votes even though that plan has been now shown to have been seriously flawed with no calculations of risk included at all or even of any warnings to voters that the Oil price was variable and could fall with all the difficulties for Scots families that scenario would bring.
"Alex Salmond and Nicola Sturgeon also promised referendum voters that another “Oil boom was on the horizon, but the UK Office for Budget Responsinility said revenues are set to actually fall to 0.05 per cent of UK national wealth in 2015/16, which is the lowest figure in 40 years. "
"The impartial Office for Budget Responsibility (OBR) dramatically revised down its predictions for how much oil and gas will generate for the rest of the decade, projecting the sector will only generate £600 million in 2016/17.
But the SNP Scottish Government’s White Paper on independence predicted that between £6.8 billion and £7.9 billion would flow into the public purse in 2015/16, when the SNP said Scotland would have become independent, up to 13 times more than it would have actually been. This was a dangerous and reckless deliberate presumption designed purely to influence the way a whole nation might Vote for political gain.
More info here http://www.telegraph.co.uk/news/uknews/scottish-independence/11481354/SNP-referendum-oil-figures-13-times-higher-than-reality.html
If Scotland had been already Independent when this Oil price fall had hit , not only would working families have had to bear the brunt of likely heavy Income Tax rises to make up the shortfall in the Scottish budget, Homeowners with Mortgages amongst the nation may have also had to cope with additional crippling interest rate rises that the Scottish Government of the day would likely have had to implement to protect against the value of its currency dropping which is essential for creating a stable exchange rate for any countries industries that trade with the rest of the World. To give some idea of just how disastrous this would have been to millions of Scottish families consider how any individual in Scotland would cope with a shock 15-17% Mortgage rate as this was the Bank exchange rate Russia had to implement to protect the value of its own currency due to its own shortfall in its own finances because of the falling Oil price last year. Russia's interest rate is still currently 12% six months later. Other Oil producing countries had to cope with similar problems. The UK overall escaped this because Oil is only 3-5% of UK GDP but would have been around 15-18% of an Independent Scotlands GDP , this is one of the realities and risks of being an Independent Scotland having to cope with World commodity shocks..would it really have been worth the risk of tens of thousands of Scots losing their Homes when they couldn't keep up mortgage payments due to punitive levels of interest rates? This could have brought complete misery to a whole nation but the SNP do not want you to consider the consequencies of this. There have been Oil shocks in past History and there will be more Oil shocks in the future as surely eggs are eggs and the Scottish Government has no means of protecting Homeowners from these if it were Independent when they happen, as they are outwith Government control. The only way to try to cope with shocks like these is to stay part of a much wider and broader Industrial economy where commodity shocks have a smaller effect on the economy as whole.
Russian Interest rates http://www.global-rates.com/interest-rates/central-banks/central-bank-russia/cbr-interest-rate.aspx
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1st September 2015 Latest Oil forecast reports suggest that the Oil price is heading lower to $30 per barrel ...down from over $100 per barrel in 2013 which will hit the Scottish budget even harder than in recent months .
http://www.profitconfidential.com/oil/wti-oil-price-forecast-get-ready-for-30-crude-again/
The low Oil prices effects on the Scottish economy ...
http://www.telegraph.co.uk/finance/comment/jeremy-warner/11231933/Low-oil-prices-are-burying-all-hope-of-future-Scottish-independence.html
Huge blow to Scotlands Spending budget http://www.dailymail.co.uk/news/article-2890251/Collapse-oil-price-left-independent-Scotland-15-5billion-short-Lib-Dem-minister-claims.html
Scotlands First Minister in Denial and burying her head in the Sand rather than telling the truth http://www.theguardian.com/business/2015/jan/08/nicola-sturgeon-denies-oil-price-plunge-harm-scotland
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More info here http://www.telegraph.co.uk/news/uknews/scottish-independence/11481354/SNP-referendum-oil-figures-13-times-higher-than-reality.html
If Scotland had been already Independent when this Oil price fall had hit , not only would working families have had to bear the brunt of likely heavy Income Tax rises to make up the shortfall in the Scottish budget, Homeowners with Mortgages amongst the nation may have also had to cope with additional crippling interest rate rises that the Scottish Government of the day would likely have had to implement to protect against the value of its currency dropping which is essential for creating a stable exchange rate for any countries industries that trade with the rest of the World. To give some idea of just how disastrous this would have been to millions of Scottish families consider how any individual in Scotland would cope with a shock 15-17% Mortgage rate as this was the Bank exchange rate Russia had to implement to protect the value of its own currency due to its own shortfall in its own finances because of the falling Oil price last year. Russia's interest rate is still currently 12% six months later. Other Oil producing countries had to cope with similar problems. The UK overall escaped this because Oil is only 3-5% of UK GDP but would have been around 15-18% of an Independent Scotlands GDP , this is one of the realities and risks of being an Independent Scotland having to cope with World commodity shocks..would it really have been worth the risk of tens of thousands of Scots losing their Homes when they couldn't keep up mortgage payments due to punitive levels of interest rates? This could have brought complete misery to a whole nation but the SNP do not want you to consider the consequencies of this. There have been Oil shocks in past History and there will be more Oil shocks in the future as surely eggs are eggs and the Scottish Government has no means of protecting Homeowners from these if it were Independent when they happen, as they are outwith Government control. The only way to try to cope with shocks like these is to stay part of a much wider and broader Industrial economy where commodity shocks have a smaller effect on the economy as whole.
Russian Interest rates http://www.global-rates.com/interest-rates/central-banks/central-bank-russia/cbr-interest-rate.aspx
-------------------------------------------------------------------------------------------------------------------------
1st September 2015 Latest Oil forecast reports suggest that the Oil price is heading lower to $30 per barrel ...down from over $100 per barrel in 2013 which will hit the Scottish budget even harder than in recent months .
http://www.profitconfidential.com/oil/wti-oil-price-forecast-get-ready-for-30-crude-again/
The low Oil prices effects on the Scottish economy ...
http://www.telegraph.co.uk/finance/comment/jeremy-warner/11231933/Low-oil-prices-are-burying-all-hope-of-future-Scottish-independence.html
Huge blow to Scotlands Spending budget http://www.dailymail.co.uk/news/article-2890251/Collapse-oil-price-left-independent-Scotland-15-5billion-short-Lib-Dem-minister-claims.html
Scotlands First Minister in Denial and burying her head in the Sand rather than telling the truth http://www.theguardian.com/business/2015/jan/08/nicola-sturgeon-denies-oil-price-plunge-harm-scotland
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Sunday, 26 July 2015
The SNP Campaign built upon Propaganda and Lies
The SNP Campaign built upon Propaganda and Lies.
On 14 Sept 2014 Alex Salmond said "The Independence Vote is a "once in a generation" opportunity as he pledged not to quickly bring back another referendum if Scots choose to remain in the UK.
Salmond was also asked if he could pledge not to bring back another referendum if the Yes campaign does not win on Thursday, he said: "That's my view. My view is this is a once in a generation, perhaps even a once in a lifetime, opportunity for Scotland."
In the same Interview he added "Harold Wilson famously (said) one vote is enough in a referendum but we're not aiming to win by one vote, we're aiming to achieve a substantial majority if we can."
"If you remember that previous constitutional referendum in Scotland - there was one in 1979 and then the next one was 1997. That's what I mean by a political generation" (Alex Salmond)
(1997-1979=18 years)
See more here: http://goo.gl/70ICc2
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The final result of the Independence Referendum on the question of "Should Scotland be an independent country?" was "No" side with (55.3%) voting against independence and (44.7%) voting in favour. The turnout was 84.6% of the electorate.
So a very clear Vote against Independence was returned by the nation ?
Fast forward then to 26 July 2015 Salmond today in an Interview with Andrew Marr now says that "A second independence referendum is 'inevitable' "
Why is it that Salmond who seems to be consider himself a respected Politician and yet can change his own thoughts on many important national issues as quickly and easily as the wind changes direction ? It's very simple... this man is simply no more than a bully who thinks its his right to inflict his own ideological will at any point in time on a nation despite the fact they have alreadly voted against it. As usual too his reasons given for changing his mind are his own twisted intrepretation of how the Vows made at the time of the Edinburgh Agreement are being implemented. His own SNP idealogical views at that and not based on real facts, this is a man who consistently misintrepretates political issues to match his own malaligned personal ideology.
Responses from other Politicians were as follows :
The Scottish Conservatives accused Mr Salmond of "bullyboy tactics" on the issue of a second referendum. Alex Johnstone MSP said: "The former first minister can moan, haggle and make all the idle threats he wants, it won't change the fact that the majority of Scots voted 'No' last September.
"Scotland has spoken. Voters rejected the break-up of the United Kingdom because they realised how bad it would be for our economy, defence and reputation abroad."
Labour's Shadow Scottish Secretary Ian Murray said the former SNP leader had his "priorities all wrong".He added: "Instead of obsessing about a re-run of a vote that took place less than a year ago, the SNP should focus on cleaning up the mess they have made of Scotland's public services."
http://www.bbc.co.uk/news/uk-scotland-scotland-politics-33668002
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The SNP has only one blinkered vision and that is "Independence at any cost " everything concerning Scotland's wellbeing beyond that goal is secondary especially the real costs of Independence to the Scots nation measured by the money in their pockets. #SNPlies
#activesnp #BothVotesSNP #sp16 #Holyrood #Indycamp #Indyref2 #SNPout #SNP
#SNPcult #Scotland
# Rangers#Celtic#SNPLies #Oil Revenues #Stolen Scottish Oil
#Photooftheday #Dundee #Yescity #Glasgow#Dundee #Aurora #Cats #Dogs #Mull #Skye
#Yessnp #Yes #celebsforindy #Tech #SNPcult #Cults #ScottishResistance #DavidIcke
#Hamilton #Larkhall #Stonehouse #Nairn #Culloden #Inverness #Fracking
#BBCScotland #Cybernats #Goebbels #gbxfriday #wetsfans #everton
#BrynTeilo #Stolen Oil #Scottish Oil #Wee Ginger Dug #GERS #Gers #Gers
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