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Economist
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The Governor of the Bank of Englandhttp://thescotsman.scotsman.com/index.cfm?id=1602432006
It makes you wonder what poor schmuck is going to be dragged out next to talk up Scotland's place in the Union and the now infamous "Union dividend". Can we expect Presidential broadcasts from the White House, instead of Labour Party political broadcasts - with George W, extolling the benefits to Scotland of being in the Union?
Why not go the whole hog and roll out Kofi Annan, of the UN, predicting armageddon if we get independence, stipulating how uniquely incapable Scotland is of self-determination compared to all the other 192 nations in his organisation. He could go further and intimate that the only hope for us is to remain in permanent thrall to the Union.
It all makes me want to end the union even more - but I have to say it is interjections like this that can and do impact on public opinion in Scotland - and not normally to our favour either. I must admit, having had cause to come across Mervyn King before now, and his normally lucid thoughts on economic co-operation across international boundaries - I'm surprised he's allowed himself to be used in such a manner. And isn't it against the rules anyway?
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I thought since the bank of england was part of the state it would have to remain impartial - then again if the civil service and media dont have to be impartial anymore then what the hell right?
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Highlander
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There is a whole discussion dedicated to how the Bank of England is English and not British. So why do the Scots Nats care that an "English" and not British governemnt body is saying anything, why do they care that the "English", not British civil service, is not impartial? Please make up your minds.
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"There is a whole discussion dedicated to how the Bank of England is English and not British. So why do the Scots Nats care that an "English" and not British governemnt body is saying anything, why do they care that the "English", not British civil service, is not impartial? Please make up your minds."
Well the Civil sevice I was refering to was the Scottish civil service. As far as the Bank of England is concerned is it not part of the government or run by the government? so should be bound by the same principle of impartiality as the civil service.
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SLG
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| Highlander wrote: | | There is a whole discussion dedicated to how the Bank of England is English and not British. So why do the Scots Nats care that an "English" and not British governemnt body is saying anything, why do they care that the "English", not British civil service, is not impartial? Please make up your minds. |
That really is a nonsensical statement. Of course we care. It may be an English institution, but it affects the whole UK and in this case we have the head of the BoE talking about the constitutional status of Scotland. I'd say that was relevant. In an independent England, I will care less. At the moment I care about all English people, whether politicians, civil servants or general public who try and impact on the choice that Scots will have to make over the coming years regarding the Union. You follow?
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SLG
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It doesn't seem to be in the Scotsman article, but in the BBC article we have George Foulkes accusing Salmond of attacking King based on his nationality!
"They cannot take on his arguments or answer his analysis, so instead they attack him for his nationality."
How pathetic is that.
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Cymro
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The BoE is a BRITISH or UK Institution, the name England in it's title is irrelevent. And The Govenor should not have got involved in this discussion, that would Labours reaction have been has he stated that Scotland could survive beyond the Union etc?
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Stockholm
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| Cymro wrote: | | The BoE is a BRITISH or UK Institution, the name England in it's title is irrelevent. And The Govenor should not have got involved in this discussion, that would Labours reaction have been has he stated that Scotland could survive beyond the Union etc? |
Very true.
Just look at their reaction when that cardinal spoke out. Labour’s double standards and dirty tricks are truely contemptible.
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FALSYDE
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Apologies but I think the most important aspect of King's intervention has been missed.
Think strategically, why would the Bank of England enter this fray? Simple really, they know the books and the numbers. Without Scotland's contribution to the UK revenue stream the liquid fertiliser rapidly approaches the great spinning object. Ergo the English comfort blanket gets stripped away and all the myths about Scottish subsidies with it. The rump of the UK will be forced into some hard choices economically if it is to survive on its present standards of living. For any of us this would be hard to do, its called 'down sizing' and nobody likes that option.
The very fact that the Adam Smith card, new £20 notes and Mervyn King are conjoined at this time is NO ACCIDENT. These people are worried as well they might be. Gordon Brown's chance of being UK premier goes up in smoke if the May elections cost Labour their majority here. That's not crystal ball gazing, its reality and they all know it. Roll on May, we may not crack it this May but as sure as you know who made little green apples we will next time around.
Happy days. Any one want to bet against me on this?
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