In a astounding development the Labour Party has joined with the Conservative-Liberal coalition to attack the idea of Scottish Independence. Ed Balls, the shadow chancellor, has stated that there will be no currency union with the Scots if in a democratic referendum the Scots vote for independence. This will mean that Scots will either form their own currency or adopt the union, either way this spells bad news for English, Welsh and Northern Irish business, since currency transactions will cost billions of pounds, and will hurt the economy of each.
http://uk.news.yahoo.com/scottish-independence-labour-39-ed-balls-slams-snp-140612709.html#Feh3pNC
Ed Balls, who as enonomic adviser to unelected PM Gordon Brown, advised ligh touch regulatory policy towards banking, leading to the banking crisis and recession. In 2011 he finally admitted the role he played in the Global crisis.
http://www.bbc.co.uk/news/uk-politics-14888933
Should anybody in the western hemisphere really be taking advice from a person who admits that his economic policis destroyed millions of lives.
Someone should ask him the real reason why he fears Scottish independence. Is it because the Labour party will lose 40 odd Scottish MPS? Or is it because the British state will lose Scotland as a launching pad for nuclear weapons? Or does he fear losing the oil revenues being used to service UK debt?
Comments
Hide the following comment
?scotland has best of both worlds at mo,this a diverse island was fully celtic
14.02.2014 18:18
Most scots are still into that idea,thou pre partition "Gifts" have made a difference, I really hope the snp can keep that up afterwards& snp major donor stagecoachs homophobic union bashing boss brian souter doesnt turn scotland into the kind of place that would be too much for Thatcher.
Does any one want trident nukes invented during world war2?, supporting the global zero campaign is a organised way to avoid nuclear Armageddon& winter, just moving the nukes to the south coast will not mąkę scotland safer, until nukes are abolished faslane should definetely be further away from any major city or town like Glasgow& definetely shut down ASAP. Its likely some nukes will be kept on very isolated islands with no or little population like st helena for afew scenarios to save the planet. Anyway here's to more recognition of our celtic heritage& cooperative direct democracy, not partition or absolute rule from anywhere.
john