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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

Indyref 9

999 replies

IrnBruTheNoo · 11/09/2014 14:00

...

OP posts:
Boleh · 12/09/2014 05:42

Thanks to the person who mentioned the possibility of a run on the banks, worth bearing in mind... I wonder how much money has already quietly been transferred from peoples BoS or RBS accounts to ones they have with non-Scottish banks...? Or I guess vice versa if you are a convinced Yes voter who'll be staying in iScotland.

frankie80 · 12/09/2014 06:48

I know my parents have taken money out

BMW6 · 12/09/2014 07:10

Can Yes voters please give their views on these questions please?

AS and NS have constantly said that an iScotland will continue to use the pound as "it's our Pound too", and that it will be the sovereign will of the Scots to continue to do so post independance.

  1. As I see it the £ is the currency of the UK. If Scotland votes to leave the UK it ceases the be their £ from that moment?

2.It may be the wish and will of iScotland to continue to use the £ post indy, but the will of rUK may disagree. I do not believe it is in our interests to allow it, and will vote in a GE accordingly. Does the rUK have a say in this?

  1. Surely the only option for true independance is to have your own currency - any other option surrenders financial power?
grandtheftmanual · 12/09/2014 07:21

We're doomed. Nigel Farage is on his way.

Although I think it was Weatherall who said she met a surprising amount of Yes voters who did not want to be in the EU, so it may be that arguing for a Yes vote to preserve Scotland's membership is not going to work.

TropicalJuice · 12/09/2014 07:22

But boleh would a run on banks affect the common man? They are all backed by the BoE so all our money is safe. And since the banks have stated they are 'moving south' to remain with theBoE why would people need to move funds?

legalalien · 12/09/2014 07:26

Some very surprising poll results on Sky News this morning... :)

Indyref 9
TropicalJuice · 12/09/2014 07:31

Yes, very interesting result - who are these extra 4% who have been allowed to vote??

StatisticallyChallenged · 12/09/2014 07:35

oh dear sky, you dippits.

LovleyRitaMeterMaid · 12/09/2014 07:44

Out door knocking last night. Done 100 doors, 22 nos 58 yes 7 not in, 13 undecided. Fun fun!

LovleyRitaMeterMaid · 12/09/2014 07:46

Also, using my scientific polling method of counting window and car stickers when I'm on the bus, yes have it in the bag. 33 yes and 5 no yesterday on a 15 minute bus journey. Wink

Sallyingforth · 12/09/2014 07:54

BMW6
In the absence of any Yes voters, you are of course correct on all three points.
But they just can't accept it.

EarthWindFire · 12/09/2014 07:58

Yes, very interesting result - who are these extra 4% who have been allowed to vote??
Grin

Sallyingforth · 12/09/2014 07:58

I am concerned about these suggestions that in the event of a Yes vote it will take much longer than planned to negotiate all the issues.
The independence date has been set, and you must go, ready or not.

ItsAllGoingToBeFine · 12/09/2014 08:25

RBS havent said they'll only move the brass plaque. They've said their registered office will become the office in London, not Fettes Row. That means they'll be an English company trading on the English stock exchange. Controlled by the Bank of England, regulated by English authorities. That's a bit more significant than just moving the brass plaque isn't it?

Yup. It means they become rUKs liability Grin

1. As I see it the £ is the currency of the UK. If Scotland votes to leave the UK it ceases the be their £ from that moment?

The £ is a fully traceable currency world wide - any country in the world can perfectly legitimately use it.

2.It may be the wish and will of iScotland to continue to use the £ post indy, but the will of rUK may disagree. I do not believe it is in our interests to allow it, and will vote in a GE accordingly. Does the rUK have a say in this?

See Q1 above.

3. Surely the only option for true independance is to have your own currency - any other option surrenders financial power?

There is no way to have an independent currency if you trade with other countries. Your currency will always be impacted by world markets/events.

oddcommentator · 12/09/2014 08:26

It does seem that the Yes side are now resorting to "lots of us are therefore you would be mad not to join us"

hardly a sound basis for building a system of government.

And someone up thread hit the nail on the head. THere are a number of yes voters who think - yeah - we'll be out the EU. Another stack seem to think - yeah we'll be in the EU.

It does seem like a vast swathe of cognitive dissonance has swept the country. A euphoric beat of yes voters - none of them actually sure what they are getting.

Interestingly - did weatherall ever answer my question about how she would be impacted and her sector? I know she is a very strident voice on these threads and was very loud on the webchat one.

ItsAllGoingToBeFine · 12/09/2014 08:28

The independence date has been set, and you must go, ready or not

We willGrin Doesn't mean all the negotiations will be done though. Take Trident, to be gone in 4 years, after independence day so will still need talking about. Former Czechoslovakia is still negotiating stuff.

ItsAllGoingToBeFine · 12/09/2014 08:30

THere are a number of yes voters who think - yeah - we'll be out the EU. Another stack seem to think - yeah we'll be in the EU

And with independence Scottish voters can democratically decide this question, rather than being dragged out of EU on the coat tails of rUK.

ItsAllGoingToBeFine · 12/09/2014 08:31

Interestingly - did weatherall ever answer my question about how she would be impacted and her sector?

I'm not sure that's anyones business Hmm

AnnieHoo · 12/09/2014 08:32

This has been nothing but divisive.

After independence, there will be the 'haves' and 'have nots'.

Who will get the blame then?

Answer: Ourselves, because we get what we vote for.

EarthWindFire · 12/09/2014 08:33

Answer: Ourselves, because we get what we vote for.

Very true.

oddcommentator · 12/09/2014 08:35

And the point i made is that by moving the brass plaque - you move where the tax gets paid.

Another fib from Salmond.

were Scotland to go independent - RBS and all the others would create a new company registered in Edinburgh. Do you think it will make profits? oh ha ha ha ha ha ha ha.

RBS is the 4th largest taxpayer in the UK. Mostly through VAT.

A billion here, a billion there - soon adds up to real money doesnt it. Before we know it - all the major corporates will redomicile due to the uncertainty.

You see - its all about the currency. All about the EU membership.

And let us remember - he lied to us about the second and his plans for the first are becoming increasingly sketchy. (especially as the BoE stated that Scotland would need to raise a deposit for £92bn to make sterlingisation work. Give the magic money tree a shake will ya - there are a few leaves left...

Mammuzza · 12/09/2014 08:39

why would people need to move funds?

Logic V emotion + the accumulated effects of sleeping badly

I am the last person I would have expected to secrete euros in various bits of the house (which incidentally was a compromise position. DH wouldn't let me send it to the Uk for safe keeping and I refused to risk the illegality of driving it over the swiss boarder that he favoured).

But we live in a world of 24/7 rolling news and the press don't whisper when they can shriek instead.

Which can leave you feeling like you are on a rollercoaster constructed out of stress and anxiety.

I've been here long enough to know there wouldn't be rioting on the street if EU leaders engineered a manovering to clip Mr B's wings. And there was the cold hard logic that a founding member, of that size, could not be allowed to fail to support the concept of "not exactly pure democracy in action" being used if push came to shove.

But ... that wasn't much insulation against the spectre of the potential bad-worst case scenario.

I think in this case ordinary people with money in the banks in question have more of a buffer zone than I did. Even in the case of a yes outcome it's not like it'll be "All Change" the very next day. But images of hoards of people thronging arpund Northern Rock branches being told they had run out of cash aren't completely put of people's minds. So I can immagine that some pre the "S'OK, we"ll move south" announcmente may have prefered to hedge their bets by quietly moving some of their cash elsewhere just in case it gets a bit out of hand and things escalate with the media reporting small panic... and helping create larger scale panic... leaving them unable to access funds at least for a while.

It's hard to put into words what it feels like to have growing concerns that you might be left without access to your cash in a moment when the degree of uncertainty and instability is unknown. But IME it was a very powerful sensation. It's left me rather disconcerted. Suddenly the institutions all our day to day security relies upon looked terribly fragile. Becuase they are so very much more vulnerable than I ever realised to a very human emotional reactions where there is a loss of complete faith that everything will be alright.

I don't like the idea that the structures that support our day to day security are utterly dependent on people not going all headless chicken. Especially after having ablely demonstrated my own capcity for being a decapitated hen in the face of SKY howling DOOOOOOOOOOOM! at me for a week.

oddcommentator · 12/09/2014 08:40

My point Its was not to be nosy - this is afterall an internet forum but my hypothesis is that many of the more vocal Yes campaigners are not going to be in any way as significantly impacted.

Perhaps the cost is recognised - but its happening to other people. Not them. I am yet to come across a vocal, informed yes voter who has openly stated. Yes, my job will go, yes my savings will be unprotected, yes my currency will be a complete unknown. Yes, my home, my family are all going to pay the heavy price but yes - I am still voting yes and i am telling everyone i meet that yes -there will be a heavy price to pay but its worth it.

Thats the point - when you meet people and convince them to vote yes - you are letting them know arent you? That there is a heavy price to pay but it will all be worth it - either that or you are joining in selling the great lie arent you?

ItsAllGoingToBeFine · 12/09/2014 08:41

Answer: Ourselves, because we get what we vote for.

And that's why we are voting, all we want is the ability to govern ourselves, take responsibility for ourselves if you like...

ItsAllGoingToBeFine · 12/09/2014 08:52

am yet to come across a vocal, informed yes voter who has openly stated. Yes, my job will go, yes my savings will be unprotected, yes my currency will be a complete unknown. Yes, my home, my family are all going to pay the heavy price

That is an overly pessimistic viewpoint. The only people who will definitely lose their jobs will be Scottish MPs. I can't see why savings wouldn't be protected_ and what currency we use isn't that important - the value of it is. I don't think there will be any heavier price to pay than we would pay remaining I'm UK.

Do the No campaigners remind people they talk to about the fact that austerity cuts have only just begun, cuts which affect the vulnerable proportionally more. There is a heavy price to be paid for remaining part of UK, I do hope No campaigners aren't misleading people....