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The Black Swan Of Scotland

Tyler Durden's picture




 

It appears The UK government's approach to Scotland has shifted dramatically from threats (we can't guarantee your saefty against terrorists) to hugs and kisses.. as David Cameron begs Scots not to tear apart Britain's "family of nations."

"I would be heartbroken if this family of nations ... was torn apart," Cameron, speaking in the atrium of the Scottish Widows building in central Edinburgh.

It appears - as we explain below - there is good reason to panic...

Submitted by Raul Ilargi Meijer via The Automatic Earth blog,

Got a mail from a friend in Scotland late last night that got me thinking. “Unfortunately, using Ireland as a model of fracture, we may start blowing up each other.” I’ve been reading a lot lately, in between all the other things, about Scotland, as should be obvious from my essay (Jim Kunstler tells me I can use that word) yesterday, Please Scotland, Blow Up The EU, and sometime today a thought crept up on me that has me wondering how ugly this thing is going to get. I think it can get very bad.

What I get from it all is that if anything is going to win this for the independence side, it must be the arrogance the London government has exhibited. That alone could seal the deal. But now of course London has belatedly woken up. Even David Cameron is scheduled to – finally – visit Scotland in the course of the contest. And if push comes to shove, they’ll throw in a royal baby. Or a Queen. Mark my words.

Cameron’s visit is funny in that he never thought it necessary until now because he thought he would win no matter what until a few days ago, and also funny because he must easily be the least popular person in all of Scotland, so a visit is a substantial risk. He had his bellboy Alistair King do a TV debate recently, and King flunked that thing so badly he may have single-handedly propelled the Yes side into the lead.

The knifes are being sharpened and soon they will be drawn – there’s only 9 days left. Question is, who will end up hurt? Bank of England Governor Mark Carney picked today of all days, 9 days before the referendum, to at last get more specific about his rate hike plan: it’s going to be early 2015. Because the UK economy is doing so great…

Only, wages will have to rise, and that will have to happen through British workers ‘earning’ pay hikes by ‘boosting their productivity and skills’. These workers have about 6 months to do that. You’re pulling my leg here, right, Mark? In any case, it seems obvious that Canadian Carney will be used as a tool against the Scottish independence movement. That’s just more arrogance.

Carney also spoke out directly on Scotland, saying there can’t be a currency union between the Scots and the Brits. Oh yeah, that should scare ‘em!

The pound sterling is falling, but that doesn’t mean much. What does is that the entire financial world, of which the City is a large part, was caught on the wrong foot as much as the UK government. And both will now, until September 18, pull all the stops to cover their – potential – losses. With all means at their disposition. Some of which will be brutal, or at least appear to be.

Billions of dollars have already been lost in just a few days, since everybody realized the UK may actually split up. Many more billions will be lost in the coming week, as measures of volatility go through the roof. Neither the Yes side nor the No side have gone into this thing terribly prepared; there are a zillion questions surrounding the independence issue that won’t be solved before the vote takes place. Passports, currencies, central banks, monetary unions, there’s too much even to mention.

Somewhere, emanating from the old crypts and burrows in which Britain was founded, I fear a hideous force may emerge to crush the Scottish people’s desire for self-determination, if only because that desire is a major threat to some very rich and powerful entities who found themselves as unprepared as Downing Street 10.

I don’t know if, as my friend fears (though he’s much closer to the action than I am, so who am I to speak), it will lead to people blowing up each other, but then also, who am I to rule that out? The UN charter on self-determination looks good on paper and in theory, but when reality comes knocking, there’s mostly not much left of the lofty ideals and intentions, or is that just me, Catalunya?

Still, there’s an added dimension in Scotland: the fact that the City of London is the number 1,2 or 3 (take your pick) most important finance center on the planet. If and when anybody rattles that kind of cage, other forces come into play. It’s no longer about politics, but about money (and no, I’m not too think to see how the two are linked).

So I hold my breath and my prayers for both my Scottish and my British friends – and I happen to have lots of them – and I hope this is not going to get completely out of hand. The reasons I think it may get out of hand regardless is that 1) there is not one side that was ever prepared for the situation in which they find themselves today and 2) there is an enormous supra-national interest that resides in the UK financial world which is in a semi panic mode about how much money can be lost not just because of a UK break-up, but because of the uncertainty surrounding that potential break-up.

And there’s something in all of that which is definitely scary. London, and the Queen, will do all they can not to lose part of their ‘empire’. The City of London will do even more not to lose a substantial part of their wealth. And this time around I don’t think they properly hedged their bets: the surge of the Yes side is as close to a black swan as we, and the City of London, have seen.

 

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Wed, 09/10/2014 - 18:05 | 5203910 The Duke of New...
Wed, 09/10/2014 - 18:07 | 5203918 Publicus
Publicus's picture

We are all sovereign.

Wed, 09/10/2014 - 18:12 | 5203939 ZerOhead
ZerOhead's picture

Carney warns British pound will fall to 14 ounces if Scotland becomes free...

Wed, 09/10/2014 - 18:15 | 5203954 El Oregonian
El Oregonian's picture

The Sterling just got "Kilt"...

Wed, 09/10/2014 - 18:19 | 5203969 TahoeBilly2012
TahoeBilly2012's picture

"If I loose control of a Nation's money supply, I am doomed" (One of the Great Grand Children of The Rothchild's last week).

Wed, 09/10/2014 - 18:35 | 5204033 cocoablini
cocoablini's picture

The election will be rigged...

Unless there is money to be made. Honestly, Goldman could make a mint getting Scotland on the Euro and levering them to hell like Ireland and Greece. Scotland will be the new "tiger" and then it can collapse.

Wed, 09/10/2014 - 19:38 | 5204220 Democratic koolaid
Democratic koolaid's picture

Scotland's going to retain the pounds plus tabulate intrest on the English using it for over 300 years.   

 

Wed, 09/10/2014 - 20:01 | 5204299 Xibalba
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And taking credit for Andy Murray

Wed, 09/10/2014 - 23:59 | 5205126 Elvis the Pelvis
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I like Scotland.  In fact, I really miss the Glasgow Rangers.  Too bad they went broke.  I'm looking forward to seeing them back in th premier league.

Wed, 09/10/2014 - 22:56 | 5204933 yrad
yrad's picture

Diebold. It's what's for dinner..

Wed, 09/10/2014 - 18:37 | 5204040 whotookmyalias
whotookmyalias's picture

Freedom's just another word for nothing left to lose.

Wed, 09/10/2014 - 18:59 | 5204117 Chupacabra-322
Chupacabra-322's picture

The Black Swan of the NWO.

Wed, 09/10/2014 - 19:05 | 5204135 813kml
813kml's picture

The Ginger Swan

Wed, 09/10/2014 - 20:36 | 5204399 Anusocracy
Anusocracy's picture

That's a silly saying. Freedom is an absolute, slavery comes in degrees.

Freedom is a word meaning to not have any slavery to lose.

Thu, 09/11/2014 - 01:12 | 5205236 whotookmyalias
whotookmyalias's picture

Ever hear of Janis Joplin?

Thu, 09/11/2014 - 06:00 | 5205448 StormShadow
StormShadow's picture

Yeah, it makes a ton of sense when you're on drugs...

Thu, 09/11/2014 - 07:27 | 5205518 herohedge
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and a Bobby McGee

Wed, 09/10/2014 - 18:42 | 5204057 max2205
max2205's picture

The UK is a shithole

Thu, 09/11/2014 - 00:18 | 5205157 NihilistZero
NihilistZero's picture

Unfortunately the rest of the world is a shit hole as well.

Thu, 09/11/2014 - 02:33 | 5205318 capitallosses
capitallosses's picture

No where to run, no where to hide. But I will be getting my birth right Scottish passport if YES prevails.

Thu, 09/11/2014 - 00:21 | 5205164 Cactus
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Immigrants desparate to come here though. 

The world is going through crazy times, be grateful for a roof, food & water.

Wed, 09/10/2014 - 19:50 | 5204250 Kirk2NCC1701
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Why do I get the feeling that there are two forces at work in the world today:  One to keep it (and the fiat Ponzi) together, and one to pull it apart (individual and organized crime, financial crises, disease & pandemics, revolutions and wars). 

Order vs Chaos.  Homogenization vs Diversity.  Collectivism vs Individualism.  Nationalism vs Separatism.  And the pace seems to be picking up also.

Wed, 09/10/2014 - 20:17 | 5204354 knukles
knukles's picture

What you see, feel, hear and sense is the age olde battle for the very soul of man, the contest between good and evil.

Thu, 09/11/2014 - 06:02 | 5205450 StormShadow
StormShadow's picture

Always money to up be made on both sides of a trade.

Wed, 09/10/2014 - 18:18 | 5203963 J S Bach
J S Bach's picture

Don't worry... Sir Diebold will win it for the Crown.

Wed, 09/10/2014 - 18:34 | 5204022 bonderøven-farm ass
bonderøven-farm ass's picture

Indeed....you don't win freedom at the ballot box.

Thu, 09/11/2014 - 06:03 | 5205451 StormShadow
StormShadow's picture

+ 7.62

Well said

Wed, 09/10/2014 - 19:33 | 5204212 Democratic koolaid
Democratic koolaid's picture

216 billion GDP to 5 million people... Scotland would top Switzerland, Canada or any of the Scandinavian countrys in standard of living. 

They just need to re-structure some things, kinda like serfdom in a scence.

 

Wed, 09/10/2014 - 19:54 | 5204271 Kirk2NCC1701
Kirk2NCC1701's picture

The computer servers are run by the MacCloud clan.   They're up in the Skye, I believe.   ;-)

What say you, Angus?  United or Seperate?

Wed, 09/10/2014 - 19:54 | 5204277 Herodotus
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I think that they still use old fashioned paper ballots over there.  No machines.  Just your "X" marked in the YES box or the NO box. 

Wed, 09/10/2014 - 20:11 | 5204331 Cognitive Dissonance
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"I don't care how you vote, just who counts those votes." - Paraphrase of some long dead tyrant.

Thu, 09/11/2014 - 04:51 | 5205408 conscious being
conscious being's picture

Stalin?

Wed, 09/10/2014 - 20:41 | 5204414 Quantum Nucleonics
Quantum Nucleonics's picture

Just a knighthood for saving the Realm?  You'd think that be worth a duchy or barony, at least.

Wed, 09/10/2014 - 22:42 | 5204894 Buck Johnson
Buck Johnson's picture

He's correct, they aren't prepared because they never thought it would get to this point.  Now they are looking at losing hundreds of billions if not more and we all know that if this happens other countries will do the same also.

 

 

Wed, 09/10/2014 - 18:07 | 5203915 krispkritter
krispkritter's picture

Vote Aye! ya bastards! And then toss out the EU as well!

Wed, 09/10/2014 - 18:38 | 5204027 JenkinsLane
JenkinsLane's picture

Come on you Jocks!

 

What hasn't been covered is if the Scots do vote for independence that could

mean a hung parliment in what's left of the UK for.... er, forever possibly,

which in turn could mean what's left of the UK would, politically, become

the new Italy.

 

 

 

 

Wed, 09/10/2014 - 18:42 | 5204060 TahoeBilly2012
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Imagine the soccer hooligans in England when they no longer have ANY empire left....eeeeww not pretty MATE

Wed, 09/10/2014 - 20:43 | 5204422 Quantum Nucleonics
Quantum Nucleonics's picture

How do you figure? Scotland's MPs are overwhelmingly Labor.  40 to 19, I think.  If the Scots are independent, they lose their representation at Westminister.  If it goes yes, it strengthens the Tories in the long run - though in the short run Cameron might sink the party for having let the whole thing go through.

Wed, 09/10/2014 - 18:08 | 5203917 sidiji
sidiji's picture

black swan? yeah right, no one gives a shit about UK except the UK traders and they all deserve to die anyway

Thu, 09/11/2014 - 04:37 | 5205400 wide mouth kid
wide mouth kid's picture

surely that's the point of a black swan, no-one gives a shit and therefore overlooks the additional risks and ramifications?

Wed, 09/10/2014 - 18:08 | 5203919 trader1
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Russell Brand calls for end of the monarchy: https://www.youtube.com/watch?v=FcjJUI8vZRg

Wed, 09/10/2014 - 18:19 | 5203970 Sirius Wonderblast
Sirius Wonderblast's picture

But lets face it, he is a total arsewipe.

Wed, 09/10/2014 - 18:19 | 5203972 RadioactiveRant
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Thats treason, off with his head.

Wed, 09/10/2014 - 18:29 | 5204014 TrulyStupid
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The little one?

Wed, 09/10/2014 - 18:44 | 5204069 John Wilmot
John Wilmot's picture

I call for a Stuart restoration in Scotland

(and for hipster-doofus pseudo-intellectual Russel Brand to kill himself: auto-erotic asphyxiation would seem fitting)

Wed, 09/10/2014 - 19:59 | 5204288 Herodotus
Herodotus's picture

The rightful heir, if I recall correctly, is a Bavarian aristocrat and speaks German only.  But he said he would consider the job if offered.

Wed, 09/10/2014 - 21:31 | 5204555 John Wilmot
John Wilmot's picture

Yes, Duke Franz of Bavaria (but he also speaks French, English, and Hungarian)

http://en.wikipedia.org/wiki/Franz,_Duke_of_Bavaria

Interesting fact: his family opposed the NAZIs in the 1930s and ended up in Dachau.

Compare to Harry "Windsor" who likes to dress up as a NAZI at parties, or his father, who is by all accounts retarded.

Wed, 09/10/2014 - 22:58 | 5204941 TahoeBilly2012
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Not nice to call inbreds "retards" we call them "genetically challenged"

Thu, 09/11/2014 - 01:43 | 5205272 Freddie
Freddie's picture

Which father?  For all his faults - Harry seems less retarded than Charlie and looks nothing like him.

Duke Franz seems like a decent bloke and kudos to his family.  The nazis were a disaster for Germany but we all know the banksters and the mega corporations ran the nazis.   The Third Reich was getting aviation gas shipped to them from American companies.  In some cases by ships through South America. 

Thu, 09/11/2014 - 01:45 | 5205274 Chris Rofot
Chris Rofot's picture

James Hewitt is retarded??

Wed, 09/10/2014 - 18:09 | 5203921 Perimetr
Perimetr's picture

FREEDOM AND INDEPENDENCE FOR THE SCOTS!!!!!

Wed, 09/10/2014 - 18:09 | 5203926 Gunga
Gunga's picture

Starve the beast that enslaves us

Wed, 09/10/2014 - 18:09 | 5203928 Big Corked Boots
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I can't help but think that if the Pound Sterling was actually backed by, ummm, an actual pound of sterling silver, a lot of issues like these wouldn't be present. Instead, they are having a debate about which bit of paper is most advantageous.

Wed, 09/10/2014 - 18:22 | 5203959 ZerOhead
ZerOhead's picture

It was originally but that soon got in the way of banking profitablity and wealth theft by the upper class elite... 

 

A pound coin originally weighed one troy pound of sterling silver. This is why it is called "pound sterling". "Sterling silver" means mixed metal that has 92.5% or more real silver. One pound sterling was originally divided by 240 sterling pence. This was because there are 240 pennyweights in a troy pound. So a single one–pound coin weighed one troy pound and a single 1–penny coin weighed one pennyweight.

http://simple.wikipedia.org/wiki/Pound_sterling

Wed, 09/10/2014 - 18:10 | 5203929 Bennie Noakes
Bennie Noakes's picture

The black swan of Scotland. Is that anything like the yellow rose of Texas?

Wed, 09/10/2014 - 18:10 | 5203935 Mineral-Invest
Mineral-Invest's picture

Cameron blames Mel Gibson.

Wed, 09/10/2014 - 18:24 | 5203985 bardot63
bardot63's picture

I blame myself.

Wed, 09/10/2014 - 18:29 | 5204009 Abitdodgie
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It's Putin's fault. (everything is for the next couple of months)

Wed, 09/10/2014 - 19:20 | 5204186 TahoeBilly2012
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It's actually the friggin EU's fault. People have had it with the endless "monetary authority" over their lives. 

Wed, 09/10/2014 - 19:24 | 5204194 NotApplicable
NotApplicable's picture

Or next couple of centuries, depending on who you ask.

Wed, 09/10/2014 - 18:30 | 5204013 BanksterSlayer
BanksterSlayer's picture

"Every bankster dies but not every bankster ever [deserves to] live."

 

Wed, 09/10/2014 - 18:11 | 5203936 Jugdish
Jugdish's picture

Wonder what's going to happen to my uncles ladyboy emporium in Edinburgh? 

Wed, 09/10/2014 - 20:24 | 5204372 Clowns on Acid
Clowns on Acid's picture

The tartan Kilts will just be made of rougher cloth. 

Wed, 09/10/2014 - 18:12 | 5203937 Haager
Haager's picture

Bears are doomed if this is the black-swan already. UK not important...

Or is it more like 'You want independence? We own Dieboldt'...

Wed, 09/10/2014 - 18:11 | 5203938 One And Only
One And Only's picture

Billions of dollars have been lost in a few days? 

Have we forgotten that Japan is monetizing debt with negative interest rates? That the US was printing 85 billion per month? That no one gives a fuck about Scotland?

Wed, 09/10/2014 - 19:06 | 5204140 FieldingMellish
FieldingMellish's picture

"Have we forgotten... ?"

Yes, we have.

Wed, 09/10/2014 - 19:25 | 5204198 NotApplicable
NotApplicable's picture

You say something, mate?

Wed, 09/10/2014 - 18:12 | 5203940 Duffy
Duffy's picture

What dos Cameron's Torah party want from ALBA?


http://mycatbirdseat.com/2013/06/camerons-torah-government/

http://en.metapedia.org/wiki/Conservative_Party

 

blood and treasure for more mideast wars, and of course, unlimited non-european immigration and a tiny, disproportionately Jewish financial, political and media elite.

 

I mean - based on what I've seen, and have read of the history of the US, Canada, UK, Australia, France, Ukraine, Russia, etc. etc.

 

Perhaps I'm wrong and they want to end the wars and restore the Gaelic language and the rule of the Bards and Poets and Druides?

 

Thu, 09/11/2014 - 01:51 | 5205281 Freddie
Freddie's picture

Go look at Cameron's wiki page.  His German-zio family has been in banking for hundreds of years bank rolling wars for the Red Shield.  So these bankers finance and profit from the mass murder of people (wars). 

This is this guy's f***king family legacy!  Murder of the goyim.

Wed, 09/10/2014 - 18:12 | 5203944 TrulyStupid
TrulyStupid's picture

Lighten up neocons, the British Empire has been shedding former colonies wholesale since the end of the last great war. The scots are fed up with English arrogance and are ethically opposed (yes, ethical considerations matter to the real Scots) to the neocon wars.... and don't bother pushing the terrorist fear button... there are some real people with testicles attached in Scotland.... they can't stand the sight of simpering cowards.

Wed, 09/10/2014 - 18:24 | 5203987 tradingdaze
tradingdaze's picture

Scotland the Brave

 

Wed, 09/10/2014 - 19:24 | 5204187 Zero Govt
Zero Govt's picture

sort of

...the Scotts have a great political line-up to vote on

Labour - hardened marxists

SNP - hard line marxists

Liberals - wet marxists

Tory's - socialists 

great 'choice' for the voters.. it's State run everything and free market nothing

Wed, 09/10/2014 - 20:21 | 5204366 Cumulus Nimbus
Cumulus Nimbus's picture

More like Scotland the fucking retarded.

Thu, 09/11/2014 - 04:28 | 5205398 Diplodicus Rex
Diplodicus Rex's picture

Would you like to expand on that and attempt to back it up with something? Or are you just trolling?

Wed, 09/10/2014 - 18:15 | 5203949 EBT excepted
EBT excepted's picture

"The knifes are being sharpened and soon they will be drawn – there’s only 9 days left."

Who will be the first to die?  Or will it be crying over spilled blood...

 

 

 


Wed, 09/10/2014 - 18:58 | 5204113 John Wilmot
John Wilmot's picture

The grammarian who notices the deployment of the word "knifes"

Wed, 09/10/2014 - 20:52 | 5204448 mt paul
mt paul's picture

cut to the point ....

Wed, 09/10/2014 - 18:16 | 5203955 robnume
robnume's picture

Being of Scot lineage, I want Scotland to declare independence. Will the UK lett them go? Not if they have electronic voting booths to hack and change the votes. That monarchy has got to go. What a waste of taxpayer money the Windsors are.

Wed, 09/10/2014 - 18:26 | 5203998 disabledvet
disabledvet's picture

Me too. "At last..an American Israel." I'll be signing up for dual citizenship the next day.

Hopefully they'll have 99 dollar flights from anywhere in the world to there too. "The English petro dollar." Free shipping and handling, free internet, amazon, tesla, google...let's get this party started.

Wed, 09/10/2014 - 18:52 | 5204086 FieldingMellish
FieldingMellish's picture

This vote has nothing to do with the monarchy. The Queen will remain as Scottish Head of State. Its only the political union formed in 1707 that will be dissolved. The crowns were united under James VI of Scotland in 1603 after the death of Elizabeth I.

Thu, 09/11/2014 - 06:19 | 5205458 StormShadow
StormShadow's picture

Yes, much like the Canadians I imagine

Wed, 09/10/2014 - 20:39 | 5204410 lakecity55
lakecity55's picture

Also as a Scott descendant, I wish for Independence. Maybe I can get citizenship, if they accept my 10% African blood.

Wed, 09/10/2014 - 18:19 | 5203973 Duc888
Duc888's picture

 

 

Don't worry, the Queen has her loot....

Ignore the whole strange vid but by all means fast forward to the 6 minute 30 second mark.

Is she worried?  No.

http://www.youtube.com/watch?v=c5S_XzTBlN4

 

Wed, 09/10/2014 - 18:30 | 5203976 Cacete de Ouro
Cacete de Ouro's picture

What's Evelyn de Richchild doing about it?

Pulling out the stops I should say...

Speaking of EV-il-yn,What's The Economist saying about Scotland these days?

Thu, 09/11/2014 - 02:05 | 5205290 Freddie
Freddie's picture

Cameron's family has worked for his klan for at least 200 years.  Dave wants to stay with scotland, wants war in the Ukraine and wants Putin gone and wants to attack syria. 

Cameron is a real piece of shit like Milliband.

Thu, 09/11/2014 - 05:55 | 5205445 conscious being
conscious being's picture

Freddie - you're beautiful. Don't quit.

Wed, 09/10/2014 - 18:23 | 5203981 McCormick No. 9
McCormick No. 9's picture

11 Southern States passed lawful Acts of Secession. In the wording of every Act was the phrase, "We the people". Missouri and Kentucky also passed Acts, but by splinter legislatures, and these Acts cannot be considered lawful. But the other 11 Acts were passed by a duly and lawfully elected legislature in every state, during the lawful session, and all proper procedures to deem such Acts lawful were followed. In fact, there have been no more lawful and procedurally correct Acts ever passed by any Legislature.

But tell that to the tyrant, Lincoln, who was in thrall to the Rothschild bank, and murdered by the same, once he tried to slither out of their clutches.

This all bodes not well for Bonnie Scotland.

Wed, 09/10/2014 - 18:31 | 5204019 disabledvet
disabledvet's picture

He did have motive, means and opportunity. Supreme Court has never ruled on nullification either. The only thing we can say for certain is there is no way to appeal "beyond the Supreme Court"...if your case ever makes it that far of course. (Almost none do.)

Secret courts? Unlimited warrant less wiretaps? "Accidents on the highway"? Hmmmm....

Wed, 09/10/2014 - 20:38 | 5204405 lakecity55
lakecity55's picture

"The South will Rise Again."

Wed, 09/10/2014 - 23:24 | 5205029 KnuckleDragger-X
KnuckleDragger-X's picture

It'll be a lot more states than just the south next time.

Thu, 09/11/2014 - 06:27 | 5205464 StormShadow
StormShadow's picture

True, but for the most part it will be Southerners in the lead. Always has been. Look at the makeup of all SOCOM warriors and indeed the forces at large. I forget the exact percentage, but it is overwhelmingly Southern.

Let's not forget the northern rednecks as I call them...places like upper NY state and Pennsylvania. NY state in particular is so far removed from NYC's political and social attitudes. They are simmering beneath the surface over the NYC masters limiting their gun ownership and other issues. One day that will boil over.

Thu, 09/11/2014 - 17:03 | 5208299 KnuckleDragger-X
Thu, 09/11/2014 - 09:40 | 5205936 herohedge
herohedge's picture

Scotland doesn't have slaves or other abhorrent institutions, so they may actually garner international support should England resist. It was the Emancipation Proclamation that helped to eliminate French/English support for the confederates.

Wed, 09/10/2014 - 18:24 | 5203994 MrsMerkel
MrsMerkel's picture

Alistair King!? Seriously...Alistair King!?

Wed, 09/10/2014 - 18:29 | 5204000 Latitude25
Latitude25's picture

If a yes vote happens I will be applying for my Scottish citizenship.  I'm a free bairn.

Wed, 09/10/2014 - 18:45 | 5204067 Farqued Up
Farqued Up's picture

Do they have any program of dual citizenship automatically granted if one is of Scottish descent, such as Israel and Ireland? 

NESSIE! NESSIE! NESSIE!

 

Wed, 09/10/2014 - 18:50 | 5204075 Latitude25
Latitude25's picture

If your grandfather qualifies for citizenship, so do you.

Wed, 09/10/2014 - 18:30 | 5204020 Richard Hannay
Richard Hannay's picture

If Scotland votes yes, the people's will won't be respected.

As it wasn't with the French and Dutch EU referendums.

Wed, 09/10/2014 - 19:04 | 5204123 John Wilmot
John Wilmot's picture

That's a bit different

The French and Dutch voted no, so nothing happened, and they could just try again. Whereas if the Scots vote yes, that sets in motion a process that they would have no justification for delaying. Could they just ignore it? Sure, but it would be such a PR disaster that it would be counter-productive IMO.

Wed, 09/10/2014 - 18:31 | 5204021 ironmace
ironmace's picture

FREEEEEEEEDDDDOOOOOMMMMMMMMMMM!!!!!!!!!!!!!!!!

Wallace!Wallace! Wallace!

Wed, 09/10/2014 - 18:32 | 5204026 Dingleberry
Dingleberry's picture

The only problem I have with the yes vote is the utterly insane propsoition that Scotland can be truly independent but share a currency.  As the little brother to England.  I don't think so.  

They have the euro as an example of what happens when you believe that bullshit.  Ask them how they like licking German boots.

If Scotland is going to be truly independent (and not simply a slave to the BOE but symbolically have their own border signs) then it must have its own currency.

Otherwise, it's a sham.  I suspect someone is making a lot of money (i.e. Goldman, et. al) front running this drama. 

Wed, 09/10/2014 - 18:35 | 5204036 MrsMerkel
MrsMerkel's picture

Agreed, but there's lots of risk associated with an independent currency that I think would sway Yes voters. Thus, Salmond does what he does best: politics.

The reality is, that nobody knows what the outcome of independence will be, especially as far as econmics are concerned.  Oh...aside from that little thing called Self Determination, which for me is reason enough to hit the poll booths with a Yes.

Thu, 09/11/2014 - 08:42 | 5205679 Global Observer
Global Observer's picture

Scottish position with respect to GBP will be worse than a Eurozone country's relationship to €. While Germany's influence on € may be huge, other eurozone countries' influence is not zero. Scotland will have exactly zero influence on GBP. If they decide not to have their own currency, it is OK, but why insist on a specific foreign currency like the GBP? Why not let people use whatever currency they see fit?

Wed, 09/10/2014 - 18:36 | 5204029 McCormick No. 9
McCormick No. 9's picture

Now here is something interesting:

Here is the flag of Scotland, soon to lawfully declare her independence, and to be beat down and raped for her temerity:

http://en.wikipedia.org/wiki/Flag_of_Scotland

Here is the flag of Novirossiya, ie the Donbass, which held a lawful and proper referendum, no less so that the one the Scots will hold in a week and a half, only to be met by war as a result:

http://en.wikipedia.org/wiki/Flag_of_the_Federal_State_of_Novorossiya

Finally, here is the flag of the Confederacy, which was a legally confederated group of 11 American States, all of who seceded from the Union in a lawful manner. We all know what happened to them;

http://en.wikipedia.org/wiki/Flags_of_the_Confederate_States_of_America

Coincidence or...?

Wed, 09/10/2014 - 18:37 | 5204041 MrsMerkel
MrsMerkel's picture

Any evidence to support the "lawfullness" of "properness" the Ukrainian referendums would be welcome.  I certainly sympathise with their sentiments, but a referendum so hastily organised at the barrel of gun lacks the legitimacy I would've wished of it.

Wed, 09/10/2014 - 21:10 | 5204515 TheFourthStooge-ing
TheFourthStooge-ing's picture

.

Any evidence to support the "lawfullness" of "properness" the Ukrainian referendums would be welcome.

The referenda in Crimea and Sevastopol were above board. The legitimately elected governments placed them on the ballot, and the voting was watched by international monitors.

I certainly sympathise with their sentiments, but a referendum so hastily organised at the barrel of gun lacks the legitimacy I would've wished of it.

Well, the strictly lawful nature of the referendum in the Donbass is certainly something that could be argued either way although, given the events in Kiev, the arguments would have to be based on the local legal system.

You are correct, the Donbass referendum was indeed a bit rushed. Considering that it was organized at the barrel of many guns (and mortars, APCs, tanks, artillery), some of which had already been firing at them, the urgency is certainly understandable.

Nevertheless, they still managed to organize a balloting and voting system and hold a referendum under fire. Even though it was far from perfect, it certainly has a higher degree of legitimacy than the foreign-sponsored violent overthrow which installed the junta in Kiev.

Thu, 09/11/2014 - 06:55 | 5205477 Lea
Lea's picture

Then, MrsMerkel, you'll have to explain how an ethnic Russian, Russian-speaking population like the one of Eastern Ukraine could have voted in favor of the Russian-hating junta that had vowed to crush them.

Reason says the results of those Ukraine referendums, hastily organized or not, are perfectly sound and logical. People are not suicidal.

Wed, 09/10/2014 - 23:45 | 5205089 himaroid
himaroid's picture

Good stuff. I have noticed the same.

Appomattox Courthouse was only the beginning of the halftime break.

That question also has yet to be answered.

Wed, 09/10/2014 - 18:39 | 5204050 kowalli
kowalli's picture

Can you tell your children that you was to afraid to say yes to be free from this nightmare of mad queen or not?

Wed, 09/10/2014 - 19:05 | 5204133 Latitude25
Latitude25's picture

That interview alone will drive voters to vote yes.  The host was a complete jackass.

Wed, 09/10/2014 - 18:49 | 5204066 earleflorida
earleflorida's picture

the scottish are not from northern ireland? and when those bagpipes roar a clarion call for independence the limey's will run to mother goose whose bp has laid it's last golden egg-- not even a shell?game can save those parasites from drowning with a albatross`pound around their gild'd necks...

Wed, 09/10/2014 - 22:08 | 5204788 Jethro
Jethro's picture

That's a VERY interesting observation.  I wonder what Northern Ireland is going to do if Scotland parts ways with the UK? 

My understanding is that there was a tiny kingdom called Dal Radia (sp?) That was on the coast of Ulster that settled/married with/warred against the Picts, which eventually created the Scots.

Wed, 09/10/2014 - 19:00 | 5204094 Sirius Wonderblast
Sirius Wonderblast's picture

1) Vis Her Maj. - James I of England was James VI of Scotland. He was invited to take the English throne when the Tudor line failed on Elizabeth I's death;

2) The Act of Union, some decades later, effectively bailed out Scotland;

3) Together, we've achieved rather a lot since;

4) William Wallace was not remotely like to Mel Gibson portrayal, but a minor noble who is believed to have served Edward I in Wales, and numbers amongst many Anglo-Norman lords switching sides strategically for personal advancement according to the time;

5) Robert Bruce was just such a turncoat;

6) Salmond has failed to come up with any coherent case on currency, economy, finance, or what might or might not end up belonging to a newly independent Scotland should the vote go that way (little thing like oil, military assets, a central bank, reserves...);

7) If he could get Scotland intio the EU and thus omnto it's teat (he can't), there would be no real independence, and far less than in and with the UK;

8) There would be no teat - not the the residual UK, no one, which makes the spending commitments wildly unsustainable thus no jobs no benefits no nothing;

9) A significant proportion of jobs in Scotland are central government public sector, so they can be kissed goodbye.

10) Ditto defence industry.

11) Frankly, if you DNA-tested most Scots and most English (or Welsh), you find no discernable difference - centuries of joint history, endeavour and co-mingling have seen to that. In the far north and the western ilses you might detect some Norse DNA (as you would in the East Riding of Yorkshire and in Lincolnshire), but that's it. These tests have been done. We are the same, and any distinction being made is a rhetorical deceit.

I'm not anti-Scottish, far from it, but after hundreds of years together there is simply no sense in splitting - we are not different, and the mediaeval kingdoms forming the UK are, in this instance, anachronisms we should look back on fondly but not revive.

 

 

 

Wed, 09/10/2014 - 19:02 | 5204122 FieldingMellish
FieldingMellish's picture

^ this... so much this.

Thu, 09/11/2014 - 06:07 | 5205452 conscious being
conscious being's picture

Fielding - you're joking right? Its /stealth sarc from you because the previous poster is so overcome with the concept of material gain that he can't understand the desire to escape the war machine.

Fri, 09/12/2014 - 02:33 | 5209740 Sirius Wonderblast
Sirius Wonderblast's picture

Eh? See my later post, below, if you think that.

Wed, 09/10/2014 - 19:13 | 5204161 Latitude25
Latitude25's picture

I can trace my family's name back 500 years in Scotland but I believe there is plenty of inbreeding with England.

Wed, 09/10/2014 - 22:02 | 5204770 Jethro
Jethro's picture

There is more genetic diversity in about any given African village, than for the entire rest of the human population outside of Africa.  My ancestors had a genetic bottleneck a time or two in the past.  The human population that left Africa was not very large to begin with.

Wed, 09/10/2014 - 19:30 | 5204207 Jethro
Jethro's picture

Genetically, yes.  You are correct.  But how do the cultures compare?  The native cultures, excluding the Paki enclaves.  There is more Norse DNA in England, by way of the Norman invasion, which my y haplotype (m223) indicates.  Strong prevalence from Denmark along the coast to Normandy, and in SE England.  Genetically, this is my "homeland", but culturally I am a hillbilly (archaic Scots-Irish).  My culture is so different from American pop culture that I feel no common ground with my "fellow" Americans.  

I understand your position, but there is so much more involved when dealing with people.

Wed, 09/10/2014 - 19:41 | 5204234 NotApplicable
NotApplicable's picture

Regardless of your well made points, there is no justification for any one man to ever be involuntary ruled by another.

Wed, 09/10/2014 - 19:55 | 5204282 TrulyStupid
TrulyStupid's picture

You are correct in that there is little genetic differences amongst all the UK peoples:

 

http://www.nytimes.com/2007/03/05/science/05cnd-brits.html?pagewanted=al...

 

However there has developed profound philosophical, cultural, religous and linguistic differences going back centuries and this is after all, what this is all about.

Thu, 09/11/2014 - 06:13 | 5205455 conscious being
conscious being's picture

"Science" from the NYT? Better to look else where.

Thu, 09/11/2014 - 20:19 | 5208965 TrulyStupid
TrulyStupid's picture

Like FoxNews? or Drudge?

Thu, 09/11/2014 - 07:26 | 5205516 BruntFCA
BruntFCA's picture

I think you've missed the point entirely. No one cares about DNA tests at this point. It is the perception in Scotland (not without warrant) that the UK is run by public school buffoons who rarely even leave London.

The more the 3 stooges (Cameron, Cleg and Milliband) visit Scotland the more apparent it is they are fish out of water; they belong to a totally different zeitgeist.

Wed, 09/10/2014 - 18:57 | 5204109 Yancey Ward
Yancey Ward's picture

For pure entertainment value, I would simply love seeing Scotland vote "Yes" for independence- watching the reactions of the various PTB would simply be hilarious.

However, I expect the referendum will end up losing 55-45.  It won't be the last vote, but there won't be another for at least 5 years.  If the vote is a close and uncertain one, I expect some major shenanigans will be instituted to make sure it loses.

Wed, 09/10/2014 - 19:36 | 5204218 NotApplicable
NotApplicable's picture

Bush vs. Gore 2.0?

Divide and conquer works best when coupled with highly emotional subjects.

Wed, 09/10/2014 - 20:56 | 5204458 mt paul
mt paul's picture

send in the dieblod voting machines...

Wed, 09/10/2014 - 18:56 | 5204111 QuietCorday
QuietCorday's picture

This may not be a black swan, but it certainly is a dusky-hued cygnet that matures by the day.

The whole thing is a clusterfuck of tremendous proportions: not just in terms of the potential split and its economic and constitutional consequences for both Scotland and the rest of the UK, but in the way that it is plainly revealing the incredible imbecility of the leaders of the three main political parties. Regardless of the result of the vote, the damage is already done to the establishment -- and considering the current political climate in the UK, well, I think the fat lady is warming up her voice.

I wouldn't be surprised if there are riots in Scotland in the event of a "no" vote.

 

Wed, 09/10/2014 - 19:01 | 5204120 willy wonker
willy wonker's picture

i to would like independence from westminster, but i live in england, how would that work.

the other day i walked from waterloo place up regent street and acoss oxford circus to portland place, i noted that there were more than enough lamp posts for each member of parliament to have one each.

just sayin.

Wed, 09/10/2014 - 19:03 | 5204126 FieldingMellish
FieldingMellish's picture

Start in the City.

Fri, 09/12/2014 - 02:34 | 5209741 Sirius Wonderblast
Sirius Wonderblast's picture

Hear hear!

Wed, 09/10/2014 - 21:44 | 5204684 IndianaJohn
IndianaJohn's picture

'day of The Rope' begins in audio segment 62. https://archive.org/details/TheTurnerDiariesAudiobook1978

Wed, 09/10/2014 - 19:04 | 5204129 p00k1e
p00k1e's picture

All the UK citizens are is a bunch of overpaid union scrubs looking for a handout with a cokehead leadership.  Plus a gay prince who really isn’t gay ‘just experimenting’… like many a Republican American. 

Prince Harry: I might experiment with gay men if my relationship doesn’t work out

Thu, 09/11/2014 - 07:30 | 5205520 BruntFCA
BruntFCA's picture

Excellent synopses! I take it you must have spent some time in the UK.

Wed, 09/10/2014 - 19:06 | 5204134 Otto Zitte
Otto Zitte's picture

Diebold digital black swan

Wed, 09/10/2014 - 19:07 | 5204146 paint it red ca...
paint it red call it hell's picture

"there is good reason to panic..."

As Everbank's Chuck Butler pointed out in todays news letter;

"Talk about not having something sound very good. The Scottish Independence vote for the U.K. is not sounding very good. There were no new polls yesterday, but there will be one announced tonight, and then probably a slew of them before the actual vote next Thursday, September 18. I was having a conversation about this whole scenario and how it was effecting the British pound sterling, and I had a V-8 head slap moment. Leave it the Big Boss, Frank Trotter, to set me straight, as he has done so many times over the years, that now go back so far, that the Dead Seas wasn't even sick yet, we began to work together! In his Jedi knight mind tricks way of saying things, he simply pointed out that I always call the pound sterling a "petrol currency", and where's that petrol come from? Ahhh, there it was, my V-8 head slap moment. Of course, it's the North Sea, and what country is next to the North Sea? Scotland. Ahhh, no wonder the pound is getting whacked on the updated polls showing the "yes" vote closing the gap."

My guess is Cameron would not have been there had not city of london been worried about it's ass. Pedophiles, empty gold vaults, and Scotlands oil fields puts it under attack from many sides.
Wed, 09/10/2014 - 19:13 | 5204162 BobRocket
BobRocket's picture

Dingleberry/Sirius Wonderblast

 

Do you honestly think that Salmond wants a currenecy union or to give away the new found independence to the EU ?

 

He only said he wanted the UK pound because he knew what the English and EU response would be, most Scots weren't that bothered until they heard what London/Brussels were saying about them.

 

If he said the Scots would have their own currency then the rUK would have used that to hammer him with.

 

Queenie has told Cameron to get stuffed, it is his problem and she won't be dragged into it, after all she will still be Queen of Scotland whereas he will only be a former Prime Minister (the one who lost Scotland)

 

When the Scots have voted previously in UK elections they have voted Labour (overwhelmingly) and still found themselves ruled over by the Tories in London (where did they impose the Poll Tax first ?)

When a Labour Government got in, Tony Blair ignored them in the same way the Tories did.

 

When the Scots see Milliband (Labour Leader and possibly next PM god help us) prancing around and running after the coat tails of Cameron they see that they have no representation in London, they never have.

To now have Cameron et al claiming that if they stay in then they can have a bit of autonomy and they can work together to make it a bit fairer, the Scots quite rightly take offence and reply with.

 'You have had 300 years to treat us fairly and it is only now when it looks like we might leave do you offer a few crumbs, well fuck you, did you hear that Cameron, Clegg and Milliband, we would rather end our days piss poor in the rain than spend another day in your house, you have brought this about and on your head will be the consequences'.

 

The revolution has already happened, it is only now are the first effects being felt.

 

 

Wed, 09/10/2014 - 20:09 | 5204327 Cumulus Nimbus
Cumulus Nimbus's picture

Fuck salmond and his whinging band of malcontents and fuck you too. Scotland has been treated well in the UK and it is only those imature little pricks with a massive chip on their shoulder who want independence. I would offer them nothing. Stay if you want, fuck off if you don't, but don't expect any favours from the rest of us.

Scotland was happy to ride on the coattails of empire for 300 years because they had no navy and bugger all influence in the world. Now Englands empire has gone and they have some oil they think they will jump ship and create their own little socialist utopia where they can spend spend spend on welfare, health and education without limit.

They bitch about wanting full control but they want to share the pound cause they are chicken shit they will fuck it up if they try to manage their own currency. Then they want to join the EU so they can hand all their power over to Brussels. Fucking pussies!

I hope they get what they want so I have a good laugh when it goes tits up.

And no I'm not English.

Wed, 09/10/2014 - 21:10 | 5204519 BobRocket
BobRocket's picture

If the Scots vote yes there will be an election after independence, what makes you think the Scots willl vote Salmond back in.

 

 

Wed, 09/10/2014 - 21:39 | 5204647 Cumulus Nimbus
Cumulus Nimbus's picture

Duh, if there is an election of course salmond will be prime minister. The SNP were largest party at the last elections. This is the whole reason for the referendum! Its not likely that having gotten indepenence the people are going to vote for labour or convservatives now is it?

Wed, 09/10/2014 - 21:50 | 5204715 BobRocket
BobRocket's picture

Churchill won the War and was dumped at the first opportunity.

 

The people understood that the circumstances had changed and needed different leaders for the new paradigm.

Wed, 09/10/2014 - 21:50 | 5204711 bilejones
bilejones's picture

Rational people, of course, realize that smaller units of government are preferable to larger.

 

Just look at the fuck up that the Untied States is.

Thu, 09/11/2014 - 07:43 | 5205534 BruntFCA
BruntFCA's picture

Not English, you are deluding yourself; you certainly think and talk exactly like the kind of person the Scots want to fuck off. Your use of language gives you away;

"pricks" English slang, not commonly used outside the UK

"bugger all" not very PC, but still used as a vernacular in England

"jump ship" English slang from the empire, but sometimes used in USA

"tits up" Very common in England, not so much elsewhere.

"riding on the coatails" not used very much by the younger demographic these days.

Yes they did "ride on the coatails" of the British Empire, but they are tired of being run by public schoolboy buffoons, are'nt you?

Oh before I forget, I'm not English!

Fri, 09/12/2014 - 02:42 | 5208907 Sirius Wonderblast
Sirius Wonderblast's picture

BobRocket -

Fair words. To be perfectly frank though, they apply not just to Scotland, but to (I would estimate) a good 99% or more of UK subjects (NOT citizens, please note) who feel totally ignored, abused, pillaged and bled dry by the nasty little clique of politicians, media luvvies, and usurers in the upmarket parts of London, and for that matter by their pale-imitator wannabes in local government. The whole system considers itself beyond any form of account, and this whole episode probably reflects dissatisfaction (a woefully inadequate word) with that status quo and the Westminster/City revolving door.

I'll give Salmond this much - more by luck than judgement I suspect, but he has popped up at the right time to be something - anything - other than what was already there, than the established non-alternatives. In other words an inept, humourless, Beppe Grillo for Scotland.

I tell you this. I grew up in Gloucestershire. Seeing the news every day being about nothing more or less than the self-interest of puffy, jowly pink-faced chisellers with hands like a bishop's who'd never seen a days hard work bit deep. A couple of decades or so in the City, mixing with some of those close to the levers of power - seeing them close up and for what they are - just heightened my contempt.

Whether or not the average Brit (from whatever constituency) has had the dubious privilege of that close-up eyeball of these shits, chances are that if they come from outside the Home Counties, which expression makes my blood boil, then they very likely view London and the South East as a whole other place, that takes no interest in them and just views them as a resource. If only they knew that in fact Londoners broadly view the rest of the UK as basically a drain on them, to be tolerated and looked-down upon.

So, here's the thing. The moist-eyed soft-focus Scotland evoked by Salmond et al, all heather and mist and skirling pipes, somehow doing terribly well without anyone quite having to do terribly much, plays on imagery and longdead (inaccurately portrayed) folkheroes that are utterly obselete. The experiences of living (or recently living) memory are what binds nations, and they are roughly the same if you grew up in Glasgow, Birmingham, Newcastle, Cardiff and any number of major and regional cities. And those cities' people would find ever less in common with anything within or close to the M25. Let alone if you were from the countryside - different planet!

Salmond is the guy who stumbled along. No matter how much effort he has undoubtedly put in, if it wasn't for these reasons he'd have got nowhere. If he'd been a Brummie campaiging for an independent West Midlands, chances are he'd be doing about as well. He could make some noises about subsidising any motor makers who might want to start up there, get a few local comedians to lend their support and bingo! - there's your template. Ditto trawlermen in an independent Hull, miners in any number of places, etc ad nauseum.

So yes, the three main/London party's are facing bums rush. Not because of anything Salmond has done other than simply be there as a lightning rod for general disenchantment, and not because it is Scotland particularly. They just happened to have the nearest thing to a ready focal point, and one long boring and hilariously mendacious Mel Gibson movie - whatever it takes I guess.

To tell you the truth, Scotland, I think we might all want to come along with you and just ditch London and it's jihadis/lesbos/pooftahs/usurers/spivs and general stench. After all - and I return to a point I was seeking to make in an earlier post just above - we are actually the same. It's London that is different from us, not us from each other.

 

Wed, 09/10/2014 - 19:20 | 5204185 Charming Anarchist
Charming Anarchist's picture

Independent Scots can use any currency (and even more than one) they want. 

Who is going to stop them? and how would they stop them? 

 

Wed, 09/10/2014 - 20:31 | 5204387 lakecity55
lakecity55's picture

"Russia announces Giant Loan to Scotland"

"A special, gold-backed loan is available to Scotland, Kremlin spokesman Ivan Votka said today. The loan was to have gone to Ukraine, but, due to instability in that country, the funds will be available to Scotland if the Referendum passes."

Wed, 09/10/2014 - 19:29 | 5204203 p00k1e
p00k1e's picture
Someone should blare the following in Scotland - Seinfeld - Independent George

 

http://www.youtube.com/watch?v=SxuYdzs4SS8

Wed, 09/10/2014 - 19:46 | 5204251 Evil Bugeyes
Evil Bugeyes's picture

This reminds me of the occasional secession votes in Quebec. I think it will get a fair number of votes but will ultimately fail because there isn't enough dissatisfaction to support such a major change.

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