H_B Posted August 25, 2014 Share Posted August 25, 2014 And I take it you feel just as strongly about the OBR underestimating the level of oil reserves? In the interest of balance, I'd be interested to see your acceptance of this. The OBR aren't the UK Government. What did the OBR estimate for this period in the figures above incidentally? Link to comment Share on other sites More sharing options...
Homer Thompson Posted August 25, 2014 Share Posted August 25, 2014 This is all such a silly BBC no thanks spun argument. Its clearly just a tactic to deflect folk away from the social media buzz stories on the Clare ridge finds and Cameron's secret visit. The bias is now ridiculously blatent. On the one hand, the Beeb promote the co-ordinated interventions by a NE Tory billionaire and the former chairman of the pro no CBI. All this whilst virtually ignoring Donald MacKay. Where was his exclusive interview on reporting Scotland when he repudiated the Wood nonsense. When the oil runs out. It runs out. What matters is that we in Scotland make the most of what is left. Absolutely this. It doesnt matter how much oil is left its what we do with what is remaining. Let Westminster squander it while continuing to run up huge debts or try and use it for the good of this country and its future generations. Theres no guarantee we'll end up with any significant oil fund when it runs out but I'd rather we at least tried. I suggest you have a look in a dictionary and try to reconcile these synonyms, but I have a suspicion that semantics is not your strong point. Then again what is??? Whatever you say it would be in the melting pot with all the other negotiations, that until now had a risk worth taking according to the separatists. A much smaller share of the oil wealth, even the haggis's exaggerated estimates would be to much for the voters to accept. You could set fire to your answers, like lighting a fart. An asset is something you posses, a resource is something you have access to. You own an asset, you dont own a resource. HTH Link to comment Share on other sites More sharing options...
strichener Posted August 25, 2014 Share Posted August 25, 2014 http://www.bbc.co.uk/news/uk-scotland-scotland-politics-28926369 RGU take a pop at the OBR and claim that the O&G UK forecast is achievable. Link to comment Share on other sites More sharing options...
Confidemus Posted August 25, 2014 Share Posted August 25, 2014 http://www.bbc.co.uk/news/uk-scotland-scotland-politics-28926369 RGU take a pop at the OBR and claim that the O&G UK forecast is achievable. The usual suspects will still try to downplay Scotland's oil. I found this particularly telling: "There is no question that had Scotland been an independent country in 1975, say, that Scotland would be extremely wealthy now and there would be no national debt." Link to comment Share on other sites More sharing options...
H_B Posted August 25, 2014 Share Posted August 25, 2014 "There is no question that had Scotland been an independent country in 1975, say, that Scotland would be extremely wealthy now and there would be no national debt." This is a ludicrous claim. No one can have any certainty about what an iScotland would have chosen as a budgetary plan over 40 years. Link to comment Share on other sites More sharing options...
AUFC90 Posted August 25, 2014 Share Posted August 25, 2014 This is a ludicrous claim. No one can have any certainty about what an iScotland would have chosen as a budgetary plan over 40 years. What is certain is that the UK have squandered the first half of oil revenues. Why allow them to squander the 2nd half ? Link to comment Share on other sites More sharing options...
Confidemus Posted August 25, 2014 Share Posted August 25, 2014 This is a ludicrous claim. No one can have any certainty about what an iScotland would have chosen as a budgetary plan over 40 years. Hmm, who to believe, a Professor of petroleum accounting or an I_T goon? Link to comment Share on other sites More sharing options...
H_B Posted August 25, 2014 Share Posted August 25, 2014 Hmm, who to believe, a Professor of petroleum accounting or an I_T goon? What experience do professors of petroleum accounting have in political decision making? Government spending is a political decision. Anyone who purports to guarantee what an iScotland would have spent over the past 40 years is an idiot. Link to comment Share on other sites More sharing options...
Confidemus Posted August 25, 2014 Share Posted August 25, 2014 What experience do professors of petroleum accounting have in political decision making? Government spending is a political decision. Anyone who purports to guarantee what an iScotland would have spent over the past 40 years is an idiot. What experience do YOU have in political decision making? Do you have any self awareness at all? Link to comment Share on other sites More sharing options...
H_B Posted August 25, 2014 Share Posted August 25, 2014 What experience do YOU have in political decision making? I've about 30 years of watching governments spend our money. The belief that any series of governments will certainly spend within their means over a 40 year period is absolute lunacy. Link to comment Share on other sites More sharing options...
Confidemus Posted August 25, 2014 Share Posted August 25, 2014 I've about 30 years of watching governments spend our money. The belief that any series of governments will certainly spend within their means over a 40 year period is absolute lunacy. Do you have any idea of what 40 years of oil tax revenue could have done for a country our size? I have a fair idea and if you think about it honestly, you would be hard pushed to claim we would be even remotely outwith our means. Link to comment Share on other sites More sharing options...
MassiveFanDan Posted August 25, 2014 Share Posted August 25, 2014 The OBR aren't the UK Government. Tell that to Alistair Darling: "'Right from the start the Tories used the OBR not just as part of the government but as part of the Conservative Party,' Mr Darling said." http://www.bbc.co.uk/news/10574097 Isn't he supposed to be on your side? Link to comment Share on other sites More sharing options...
H_B Posted August 25, 2014 Share Posted August 25, 2014 Do you have any idea of what 40 years of oil tax revenue could have done for a country our size? I have a fair idea and if you think about it honestly, you would be hard pushed to claim we would be even remotely outwith our means. Why? Two terms of a Labour government would be enough to build up debt in any financial climate, no matter the income. Link to comment Share on other sites More sharing options...
H_B Posted August 25, 2014 Share Posted August 25, 2014 Isn't he supposed to be on your side? I don't have a "side". Better Together are nothing to do with me, nor does Alastair Darling represent my views. Link to comment Share on other sites More sharing options...
MassiveFanDan Posted August 25, 2014 Share Posted August 25, 2014 Do you have any idea of what 40 years of oil tax revenue could have done for a country our size? I have a fair idea and if you think about it honestly, you would be hard pushed to claim we would be even remotely outwith our means. Here's what UK Government civil servants thought would happen to an independent Scotland after 1975, as reported in the Tory-supporting pro-Union Telegraph: They calculated that Scots’ average income would increase by up to 30 per cent per head http://www.telegraph.co.uk/news/uknews/scotland/6240671/North-Sea-oil-gave-Scotland-massive-budget-surplus-say-Government-records.html Link to comment Share on other sites More sharing options...
strichener Posted August 25, 2014 Share Posted August 25, 2014 In terms of some of the claims made by BT and supporters, this wouldn't even appear on any ludicrous scale given that there is a possibility of it being true unlike the following: Scotland is poorer than Pakistan Scotland will have to re-negotiate 14,000 treaties we won't have access to organ donations No Doctor Who Independence would dishonour those that gave their lives in WW1 We will be better off by £1400 thanks to the "Union Dividend" Link to comment Share on other sites More sharing options...
p&b is a disgrace Posted August 25, 2014 Share Posted August 25, 2014 That has to be one if the most ludicrous posts on P&B - and that's saying something Link to comment Share on other sites More sharing options...
git-intae-thum Posted August 25, 2014 Share Posted August 25, 2014 That has to be one if the most ludicrous posts on P&B - and that's saying something Yip. You Surely get some crackers defending the union. Link to comment Share on other sites More sharing options...
Blaven Posted August 26, 2014 Share Posted August 26, 2014 Is Sir Ian Woods reputation to be trusted ? http://m.bbc.co.uk/news/uk-scotland-scotland-politics-28926369 Link to comment Share on other sites More sharing options...
strichener Posted August 26, 2014 Share Posted August 26, 2014 Is Sir Ian Woods reputation to be trusted ? http://m.bbc.co.uk/news/uk-scotland-scotland-politics-28926369 I already posted this yesterday. Link to comment Share on other sites More sharing options...
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