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A Pyrrhic Suicide 249

Posted on January 29, 2019 by

One thing that pretty much everyone agrees on is that an independent Scotland, like almost every nation on Earth, would face financial challenges. Like almost every nation on Earth, it would probably have to run a deficit. And the main reason for that is the decades of stupendous mismanagement of its oil resources by Westminster.

Had the UK managed North Sea Oil as well as Norway handled a very similar amount in the same period, it would be currently sitting on a sovereign wealth fund in the region of £750 billion, generating many billions of pounds in investment earnings in most years – in 2017 alone Norway’s fund returned a staggering £100 billion, over three times the Scottish Government’s entire annual budget.

Even with Scotland sharing that money with the entire UK, that would have meant around £9bn extra in Holyrood’s coffers for a single year – by coincidence roughly the size of the so-called “fiscal transfer” that Unionists insist is a gift from the generous UK, even though it’s actually a loan Scotland has to pay back – and a rainy-day fund of close to £70 billion for years when times were bad.

(For perspective on how much £9bn a year is, the most optimistic estimate of the extra money that would be raised by hiking top-rate income tax to 50p is about £0.1bn.)

All of that, of course, is now spilt milk. But there are decades of oil left in the North Sea yet, with huge new finds still being made, and an independent Scotland would have the opportunity to show that it could do a much better job of shepherding its precious wealth, and in particular hopefully investing it in harvesting the nation’s near-limitless potential for clean renewable energy.

And yet there are those who would throw it all away for an empty gesture.

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Chris Cairns is on holiday 932

Posted on January 19, 2019 by

Yes, still. Yes, again. But don’t worry, we still have a cartoon joke for you.

Ladies and gentlemen, the Scottish Labour Party.

The Prisoners 350

Posted on January 18, 2019 by

You wouldn’t know it to watch the black-hole-scale mess our politicians are making of it, but the thing about Brexit is that it ISN’T an insoluble problem. That two of the supposed “partners” in the United Kingdom are being forced out of the EU against the will of their people is a political choice, not a necessity.

There are numerous perfectly viable ways to practically address the fact that Scotland and Northern Ireland voted Remain while Wales and England voted Leave, none of which are especially outlandish.

Last July this site put forward an idea that respects the referendum result in all four constituent nations and would have wide public support. Yesterday the Guardian published a variant on the concept with lots of strong technical detail. And earlier this week we suggested another approach which could break the current deadlock.

But the stupendously incompetent Tory executive running the government, and the equally useless notional Labour “opposition”, have both handcuffed themselves across the emergency exits, preventing any hope of escape from disaster as the country burns down around everyone’s ears.

We no longer have a union. We have a hostage situation.

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Life moves pretty fast 747

Posted on January 16, 2019 by

A comment on recent events 59

Posted on January 13, 2019 by

The stupidest year in history 225

Posted on December 23, 2018 by

We can think of no better illustrative metaphor for the brain-withering idiot festival that was 2018 than page 16 of today’s Sunday Mail, which in the space of a single inch of newsprint predicts both SNP gains at any new general election, and then SNP losses to the exact same Labour and Tory parties that the editorial on the left excoriates as incompetent, “deluded” and “moribund”.

We wish we could rationally hope 2019 will be any better.

Coming through the field 247

Posted on December 18, 2018 by

To anyone observing Scottish politics with even half a keen eye, it was obvious from very early on that former athlete Brian Whittle was one of the stupider and nastier elements of the 2016 crop of new Tory MSPs, having been thrashed by more than 12,400 votes in the election but foisted on taxpayers anyway via the list system.

(Trivia fact: Whittle is Holyrood’s most comprehensively rejected MSP. Nobody else in the 2016 election was beaten by such a big margin but still ended up in Parliament. He makes Murdo Fraser – who lost Perthshire North by 10,353 in his seventh defeat on the trot but still got a seat – look like a beacon of popularity by comparison.)

Indeed, an interview in today’s Holyrood Magazine reveals that Whittle is SUCH a dim bulb, he didn’t even realise that if you got elected as an MSP you had to actually go and do the job.

But astoundingly, that’s not even nearly the dumbest thing he says in it.

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The Handmaiden’s Tale 206

Posted on December 14, 2018 by

It should now be abundantly clear to any rational person that time has very nearly run out to avoid a no-deal Brexit.

Theresa May has been sent swiftly home from Europe with a skelped arse and told that any further negotiation is out of the question. But she’s insisted that the meaningful vote in the UK parliament on her Brexit deal won’t now happen before Christmas, which in practical terms means before mid-January.

That means that if Labour wait until the deal is thrown out before they call a vote of no confidence – which is their current position, so far as anyone can tell what their position is – then by the time the government falls it’ll already be February.

(Under the Fixed-Term Parliaments Act, after a successful VoNC there are 14 days for someone to try to form an alternative administration before an election is called.)

Add in the six weeks minimum that are required for an election campaign and you’re halfway through March, literally just a few days before the UK will automatically crash out of the EU with no deal.

Even if a couple of months extension of Article 50 were to be granted – and we’re not sure who’d be asking by that stage – that’s plainly nowhere near enough time for a new government to come up with anything the EU would agree to.

(Remember that the withdrawal agreement was supposed to be done and dusted by October in order to give the EU six months to ratify it. Their patience with the UK is plainly at an end, and it’s hard to see them agreeing to drag the whole mess out for another year or more, which would be the realistic timescale.)

“And that’s all very well”, readers might be thinking at this point, “but that’s a picture of Kezia Dugdale, an insignificant backbench Holyrood list MSP. What the bloody hell’s it got to do with her?”

And the answer is that it’s all her fault.

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The man from tomorrow 296

Posted on December 13, 2018 by

We must admit we haven’t been keeping fully up to date with our Thickest Politician In Scotland rankings recently, mainly because they’ve been so deluged with submissions that we can barely scratch the backlog.

This month alone, for example, we’ve seen Murdo Fraser try to blame the SNP, Labour and the Lib Dems for his party’s shambolic Brexit fiasco, millionaire Tory landowner Sir Edward Mountain sneering that the SNP’s Ian Blackford is too rich because he has a Range Rover, James Kelly of Labour humiliating himself (again) over the budget and boneheaded Lib Dem barrel-scraping Christine Jardine mocking someone for having an inferior intellect while she failed to even nearly spell the word “supporters”.

And that’s before we even get to the Tory MSP who stood up at this afternoon’s FMQs and suggested that lowering the drink-drive limit had somehow led to an increase in road traffic accidents, presumably in the belief that it would actually be better and safer if everyone bombing up and down Scotland’s motorways had had a few beers first.

But pretenders are one thing. There’s still an undisputed king.

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Return Of The Magic Abacus 58

Posted on December 13, 2018 by

Q: Why did Scottish Labour refuse to propose a costed alternative budget yesterday?

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An excellent question 45

Posted on December 05, 2018 by

Posed by Kezia Dugdale in the Holyrood chamber today:

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Articles without faith 397

Posted on December 01, 2018 by

At a time of unprecedented political chaos and uncertainty, just about the only thing you can still count on is that for any given situation, senior Labour figures will issue proclamations both firmly in favour of it and stoutly opposed to it, usually the same day.

So the stories below, which are respectively from today’s Scotsman and today’s Times, won’t come as much of a shock to anyone.

But against the odds, we think we’ve made some sense of it.

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