Monday, 11 August 2014
Brian Monteith: Rushing towards fiscal uncertainty, The Scotsman
IT’S
difficult to trust Salmond’s economic judgment after his previous
prevarications and u-turns, writes Brian Monteith
WHILE
pundits and spin doctors seek to suggest who won the first referendum debate
between Alex Salmond and Alistair Darling, what is self-evident is that the
debate helped to distil the question down to one single issue. In the event
that Alex Salmond cannot get the currency option of his choice (a formal
currency union using sterling) what is his Plan B? The answer, there was none.
As
we hurtle at break-neck speed to the vote on 18 September I am sure we can
expect more of the same; the personal but small distractions will be tossed
aside and we shall focus more on what for the majority of us are the big
issues. Such as what will be the new more expensive price for Scotland
remaining a member of the European Union, or how will Scotland pay for the cost
of its pension liabilities when our workforce will be shrinking and our pension
bill rising (before even considering Nicola Sturgeon’s promise of a lower
pensionable age in some parallel universe that only she inhabits).
There
may be others, such as the pick-and-mix sweetie shop of freebies and goodies
that nationalists have been dreaming up to be paid for by the munificence of
oil revenues – while at the same time telling us we can have a sovereign oil
fund that by implication requires a more austere approach to public welfare.
We
shall see what matters most, but for all that, the one crucial issue that Scots
residents (as opposed to the broader body of Scots that would more usually have
a say in the future of their country) are already well tuned into is how our
economy might or might not work if we secede from the United Kingdom and choose
the SNP’s offer of independence without independence. (For those of you not
used to reading my column let me recap that there will be no referendum on the
new price of EU membership and its tighter straightjacket, there will be less
influence than present with any formal currency union and even less still with
any unofficial use of sterling, while many other institutions that we shall
seek to keep access to such as the BBC we shall have no say in).
Further
reading:
“An independent Scotland would keep the pound because it’s our currency
and it would be in the interests of the rest of the UK to agree to currency
sharing. But if the rest of the UK won’t agree, an independent Scotland would
punish it by repudiating its pro rata share of UK debt…..Yes, it would remove a hefty burden from our shoulders. But an
independent country that began life with debt repudiation would find it could
not raise money in international markets without lenders demanding
substantially higher interest rates. Scotland’s
credit rating would be rock bottom.”
This Experience Must Come, My Uttermost for His Highest, Daily Devotionals Oswald Chambers

Elijah
went up by a whirlwind into heaven. And Elisha . . . saw him no more —2 Kings
2:11-12
It
is not wrong for you to depend on your “Elijah” for as long as God gives him to
you. But remember that the time will come when he must leave and will no longer
be your guide and your leader, because God does not intend for him to stay.
Even the thought of that causes you to say, “I cannot continue without my
’Elijah.’ ” Yet God says you must continue.
Alone
at Your “Jordan” (2 Kings 2:14). The Jordan River represents the type of
separation where you have no fellowship with anyone else, and where no one else
can take your responsibility from you. You now have to put to the test what you
learned when you were with your “Elijah.” You have been to the Jordan over and
over again with Elijah, but now you are facing it alone. There is no use in
saying that you cannot go— the experience is here, and you must go. If you
truly want to know whether or not God is the God your faith believes Him to be,
then go through your “Jordan” alone.
Sunday, 10 August 2014
Alex Salmond has no tenable plan for currency, says expert | Better Together
Alex Salmond has no tenable plan for currency, says expert | Better Together

"The
only realistic way to avoid the above crises outcomes of Plans A and B is to
combine political union with remaining in the sterling zone. It is only with
political union and the fiscal sharing it allows that the sterling zone is a
credible currency arrangement for Scotland, and it is only by remaining with
the rest of the UK that such an arrangement can work.
only realistic way to avoid the above crises outcomes of Plans A and B is to
combine political union with remaining in the sterling zone. It is only with
political union and the fiscal sharing it allows that the sterling zone is a
credible currency arrangement for Scotland, and it is only by remaining with
the rest of the UK that such an arrangement can work.
By
sticking with his notion that that the sterling monetary union is absolutely
central to the economic well-being of Scotland, Mr Salmond is therefore
actually making the case for voting No in the referendum, because it is only be
staying part of the United Kingdom that the costs to both businesses and
households in terms of their day-to-day payments and transactions are minimized
and job stability, employment and economic growth are secured and maximized."
sticking with his notion that that the sterling monetary union is absolutely
central to the economic well-being of Scotland, Mr Salmond is therefore
actually making the case for voting No in the referendum, because it is only be
staying part of the United Kingdom that the costs to both businesses and
households in terms of their day-to-day payments and transactions are minimized
and job stability, employment and economic growth are secured and maximized."
An ill wind blows as the surge of turbines stirs fears of silent danger to our health, Daily Express
TENS
of thousands of Scots may be suffering from a hidden sickness epidemic caused
by wind farms, campaigners have warned.
The Sunday
Express can reveal that the Scottish Government has recently commissioned a
study into the potential ill effects of turbines at 10 sites across the
country.
More
than 33,500 families live within two miles of these 10 wind farms – which
represent just a fraction of the 2,300 turbines - already built north of the
Border.
Hundreds
of residents are now being asked to report back to Holyrood ministers about the
visual impacts, and effects of noise and shadow flickers from nearby wind
farms.
Campaigners
fear that many people do not realise they are suffering from ailments brought
on by infrasound – noise at such a low frequency that it cannot be heard but
can be felt.
One
such person is Andrew Vivers, an ex-Army captain who has suffered from
headaches, dizziness, tinnitus, raised blood pressure and disturbed sleep since
Ark Hill wind farm was built near his home in Glamis, Angus.
Mr
Vivers, who served almost 10 years in the military, said the authorities had so
far refused to accept the ill effects of infrasound despite it being a “known
military interrogation aid and weapon”.
He
said: “When white noise was disallowed they went on to infrasound. If it is
directed at you, you can feel your brain or your body vibrating. With wind
turbines, you don’t realise that is what’s
happening to you.
“It
is bonkers that infrasound low frequency noise monitoring is not included in
any environmental assessments. It should be mandatory before and after turbine
erection.”
Further
reading:
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