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| englandshire says we cannot use there pounds http://taxi-driver.co.uk/phpBB2/viewtopic.php?f=2&t=23931 |
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| Author: | skippy41 [ Thu Feb 13, 2014 1:43 am ] |
| Post subject: | englandshire says we cannot use there pounds |
we can either use them , as we cannot get the euro yet, or print out own, oh we already have our own, Remember if you come to an independent Scotland the exchange rate will be 2 to one, so for every fiver it will cost you £10. I've just applied for the passport control job at the carter bar, free to get in £100 to get out 
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| Author: | grandad [ Thu Feb 13, 2014 5:51 am ] |
| Post subject: | Re: englandshire says we cannot use there pounds |
skippy41 wrote: we can either use them , as we cannot get the euro yet, or print out own, oh we already have our own, Remember if you come to an independent Scotland the exchange rate will be 2 to one, so for every fiver it will cost you £10. I've just applied for the passport control job at the carter bar, free to get in £100 to get out Why would I want to come to Scotland anyway? If you want to be independent, then be independent. Use your own currency, as you say, you already have your own. So why would you want to use ours? I wasn't aware that you were in charge of the exchange rate Skippy. I think you will find that any exchange rate will be decided by the market and not you or anyone in Scotland unless you have a closed currency. Scotland will still be dependent on tourism for a lot of it's revenue and not all tourists will be from other parts of the UK so you will need to be carefull that other tourists will not be put off by exchange rates. |
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| Author: | Sussex [ Thu Feb 13, 2014 9:16 am ] |
| Post subject: | Re: englandshire says we cannot use there pounds |
Come independance Scotland can do what they wish. Come Scottish independance so will England. If we don't want to share our currency with you, then so be it. Scotland can have whatever currency they wish, it's got nothing to do with us. Sort out your own problems. |
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| Author: | captain cab [ Thu Feb 13, 2014 12:42 pm ] |
| Post subject: | Re: englandshire says we cannot use there pounds |
Scottish independence: 'Yes' vote means leaving pound, says Osborne UK Chancellor George Osborne has said a vote for Scottish independence would mean walking away from the pound. He said there was "no legal reason" why the rest of the UK would want to share sterling with an independent Scotland. The Scots government wants Scotland to retain sterling as part of a currency union with the rest of the UK in the event of a referendum "Yes" vote. Deputy Scottish First Minister Nicola Sturgeon said Westminster was trying to "lay down the law to Scotland". Ahead of the independence referendum on 18 September, Mr Osborne set out his position during a speech in Edinburgh, as he published the latest Treasury analysis on the issue. Liberal Democrat Chief Secretary to the Treasury Danny Alexander has supported Mr Osborne's position, with backing also expected from Labour shadow chancellor Ed Balls. Mr Osborne said: "The pound isn't an asset to be divided up between two countries after a break-up like a CD collection. "If Scotland walks away from the UK, it walks away from the UK pound." The Chancellor went on: "There's no legal reason why the rest of the UK would need to share its currency with Scotland, as the Treasury's publication today clearly shows. "So when the Nationalists say the pound is as much ours as the rest of the UK's, are they really saying that an independent Scotland could insist that taxpayers in a nation it had just voted to leave had to continue to back the currency of this new, foreign country? "Had to consider the circumstances of this foreign country when setting their interest rates? Stand behind the banks of this foreign country as a lender of last resort? Or stand behind its foreign government when it needed public spending support? "That is patently absurd." The Scottish government's currency union plan would also see the services of the Bank of England retained, if Scotland became independent after the 18 September referendum. The Chancellor added: "The UK is growing faster than any other advanced economy in Europe, and within the Union, Scotland is growing faster than the rest." "Nothing could be more damaging to economic security here in Scotland than dividing our United Kingdom." Following Mr Osborne's speech, Mr Alexander said the Treasury had provided "crystal clear" analysis that a currency union would create unacceptable risks both for Scotland and the rest of the United Kingdom. The dominant parties at Westminster sought to avoid any pre-negotiation - but now they've broken their own rule. We now have one, very important piece of pre-negotiation, by declaring no negotiation at all.” Douglas Fraser He also called on the Scottish government to set out an alternative currency proposal. Mr Alexander added: "As a Scot and as Liberal Democrat Chief Secretary to the UK Treasury, on the basis of this analysis, I couldn't recommend a currency union to the people of Scotland and my party couldn't agree to such a proposition for the rest of the UK. "The SNP continue to pretend that an independent Scotland could continue to share the pound. It couldn't, without agreement." The Lib Dem MP said: "This isn't bluff, or bullying, it's a statement of fact." Mr Balls, who is also expected to release a statement on the issue, previously told LBC Radio: "I don't think it's right for us to tell Scotland what they must do, but I don't see how you could have a negotiation about a Scottish separate country keeping the pound, which would add up either for Scotland or for the rest of the United Kingdom." It is understood former Chancellor Alistair Darling, who is leading the Better Together campaign to keep the Union, was instrumental in getting the three Westminster parties to agree a joint currency position. Glenn Campbell BBC Scotland news This feels like a defining moment in the independence referendum campaign. There will be others but this is arguably the most important so far with the possible exception of the publication of the Scottish government's White Paper. It set out the case for Scotland to keep using the pound Sterling in a formal currency union with the rest of the UK in the event of independence. Scottish First Minister, Alex Salmond has repeatedly said this would be in the economic interests of both countries. Today, his pro-union opponents in all three major UK parties are effectively saying that it would not be and that they will not let it happen. They hope to seriously undermine the credibility of the nationalists' promise of currency continuity. The Scottish government hopes referendum voters will see it as an attempt to bluff and bully and that it will backfire. They are determined not to abandon their preferred currency option for an alternative - using the pound anyway, creating a new Scottish currency or applying to join the Euro - that may seem much riskier. They have also said that if the rest of the UK is not prepared to share the currency that an independent Scotland would not be obliged to take a share of UK debts. The stakes in this campaign just got a lot higher. http://www.bbc.co.uk/news/uk-scotland-s ... s-26166794 |
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| Author: | cabby john [ Thu Feb 13, 2014 12:56 pm ] |
| Post subject: | Re: englandshire says we cannot use there pounds |
And next week they will threaten job losses, and the week after it will be that you have no defence system.......it will be veiled threats on threats basically to frighten people.........as if it could any worse  . I love the English people, but given the chance I would flush an English/British government down the toilet in the blink of an eye.
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| Author: | captain cab [ Thu Feb 13, 2014 4:03 pm ] |
| Post subject: | Re: englandshire says we cannot use there pounds |
englandshire says we cannot use there pounds Englandshire *say* we cannot use *their* pounds 
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| Author: | LongshanksED [ Thu Feb 13, 2014 5:32 pm ] |
| Post subject: | Re: englandshire says we cannot use there pounds |
Scotland's money isn't even Scotland's money The notes are backed by the Bank of England. It's more like an IOU that the Bank of England honours. |
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| Author: | cabby john [ Thu Feb 13, 2014 5:35 pm ] |
| Post subject: | Re: englandshire says we cannot use there pounds |
captain cab wrote: englandshire says we cannot use there pounds Englandshire *say* we cannot use *their* pounds They are scared to death that their world is going to come crashing down upon them - I have yet to see a country out there that does not have a currency of one sort or another - what is the big deal? There are a 130 ish countries out there that do not belong to the EEC and they will trade with all and any of them, many of them with their own currency. I believe that Scotland breaking away from the U.K - will also be the salvation of the U.K. Not that I really want the Scots to go....but they (Westminster) would have to make radical changes within themselves and politics in general. If I had the chance to break away from corruption, debt, financial suppression of the working man/woman, and a Westminster government that has NEVER got to grips with national debt........then I would take my chances. Who knows you could turn out like Norway who have a surplus for every national living there. |
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| Author: | captain cab [ Thu Feb 13, 2014 6:30 pm ] |
| Post subject: | Re: englandshire says we cannot use there pounds |
Its Scotland's decision - to me if a person see's currency as pivotal to their decision, then they clearly aren't really bothered about independence. |
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| Author: | gusmac [ Thu Feb 13, 2014 9:25 pm ] |
| Post subject: | Re: englandshire says we cannot use there pounds |
LongshanksED wrote: Scotland's money isn't even Scotland's money The notes are backed by the Bank of England. It's more like an IOU that the Bank of England honours. Utter shite. Scottish notes are backed pound for pound with Bank of England notes deposited at the Bank of England by the issuing Scottish banks. They are not backed by the Bank of England. |
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| Author: | gusmac [ Thu Feb 13, 2014 9:38 pm ] |
| Post subject: | Re: englandshire says we cannot use there pounds |
cabby john wrote: And next week they will threaten job losses, and the week after it will be that you have no defence system.......it will be veiled threats on threats basically to frighten people......... We've been getting a steady stream of this kind of doom laiden pish for the past couple of years. Expect it to ramp up in the next few months. They have nothing else. They're panicking now as they see the polls narrowing and are waking up to the consequences of a Scottish exit from the UK http://wingsoverscotland.com/turn-and-river/ http://wingsoverscotland.com/problems-s ... -you-wait/ http://derekbateman1.wordpress.com/2014 ... -bastards/ |
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| Author: | Skull [ Thu Feb 13, 2014 10:13 pm ] |
| Post subject: | Re: englandshire says we cannot use there pounds |
gusmac wrote: cabby john wrote: And next week they will threaten job losses, and the week after it will be that you have no defence system.......it will be veiled threats on threats basically to frighten people......... We've been getting a steady stream of this kind of doom laiden pish for the past couple of years. Expect it to ramp up in the next few months. They have nothing else. They're panicking now as they see the polls narrowing and are waking up to the consequences of a Scottish exit from the UK http://wingsoverscotland.com/turn-and-river/ http://wingsoverscotland.com/problems-s ... -you-wait/ http://derekbateman1.wordpress.com/2014 ... -bastards/ You are spot on. They are panicking. For the life of me, I can't work out why, but I think you are right. We must be a lot to lose. 
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| Author: | cabby john [ Thu Feb 13, 2014 10:38 pm ] |
| Post subject: | Re: englandshire says we cannot use there pounds |
Quote: They are panicking. For the life of me, I can't work out why, One very good reason is that they have spent a few years flooding the country with immigrants, with each and everyone of them looked at like a pound note! To see that wiped out over night i.e 5 million Scots off of the pay roll, will make them go a terrible shade of green, and I do not mean a dollar bill colour. |
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| Author: | LongshanksED [ Thu Feb 13, 2014 11:27 pm ] |
| Post subject: | Re: englandshire says we cannot use there pounds |
http://en.wikipedia.org/wiki/Promissory_note ... Promissory note defined (1)A promissory note is an unconditional promise in writing made by one person to another signed by the maker, engaging to pay, on demand or at a fixed or determinable future time, a sum certain in money, to, or to the order of, a specified person or to bearer. Sounds like an IOU to me |
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| Author: | gusmac [ Fri Feb 14, 2014 12:48 am ] |
| Post subject: | Re: englandshire says we cannot use there pounds |
LongshanksED wrote: http://en.wikipedia.org/wiki/Promissory_note ... Promissory note defined (1)A promissory note is an unconditional promise in writing made by one person to another signed by the maker, engaging to pay, on demand or at a fixed or determinable future time, a sum certain in money, to, or to the order of, a specified person or to bearer. Sounds like an IOU to me All banknotes are promissory notes. Including those issued by the Bank of England. 
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