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The Armageddon Risk

Posted on April 15, 2015 by

The BBC’s Robert Peston on yesterday’s Today programme. (About 2h 37m in.)

(Today, BBC Radio 4, 14 April 2015)
.

Thank heavens that nice Mr Miliband’s going to stand up for austerity, eh?

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    1. 15 04 15 12:33

      The Armageddon Risk | Speymouth

    205 to “The Armageddon Risk”

    1. Disco Dave says:

      Will bow to Mr Peston’s knowledge of spotting metaphorical V-Signs at the SNP, bearing in mind he works for the Beeb.

    2. Darren Docherty says:

      It wouldn’t just be a v-sign to SNP, would it? It’s a message to Scotland. You should’ve voted YES!

    3. Brian Powell says:

      Armageddon may well be coming, but not in the context he presented, but for Labour.

      It’s clear where he stands, if there was any doubt.

    4. annie says:

      Isn’t Peston’s father lord somebody of somewhere?

    5. Macart says:

      Just speechless.

      Armageddon?

      FFS

    6. JLT says:

      Robert Peston …look forget that the Tories allowed the debt to jump from £750 Billion to £1.5 Trillion, even though that inluded severe austerity measures that have obviously failed. Forget that the banks weren’t broken up, nor bonuses curbed. Forget food banks and forget the determination to spend £100 Billion on Trident. Forget all that …because see the SNP …they’re are bad’ Bad!! …Bad, I tell ya!!

    7. Capella says:

      Markets will turn against the government if Labour and the SNP ditch austerity! Welcome to the fascist state.

    8. frankieboy says:

      He is such a burbling, bumbling, waffling twerp. He reminds me of Sgt Wilson in Dad’s Army.

    9. Luigi says:

      I cannot get it to play (and the time bar says 0:00-0:00). Any ideas?

      🙁

    10. BrianW says:

      hmmm.. Deutsche Bank.

      Now where I have heard that name before regarding Economic Armageddon?

    11. No no no...Yes says:

      I really don’t know whether to laugh or cry at this! What is evident in the last few days is that the establishment is absolutely petrified of the SNP having any role in supporting UK Labour in govt.

      Everything will be done to get the Tories re-elected down south, and as for Labour in Scotland, the voters are not being fooled for a second time-they will get punished.

      Regardless of how many seats the SNP wins, remember that these voters will transfer smoothly over to Holyrood 2016, and Labour will be completely killed off electorally by a combination of SNP and other smaller pro-indy parties. We are making history folks.

    12. Sandra says:

      “Armageddon out of here” (old joke)

      I’ll get me coat…

    13. mogabee says:

      Good agin evil. SNP fighting for the people of Scotland.

      What’s wrong with that!

      Media folk do like their dramatic phrases eh!

    14. paul gerard mccormack says:

      Oh right, The Deutsches Bank is it? Them that is the very paradigm of righteousness itsel then?

      The sooner we stop all this nonsense about doing things differently around here and lissen up to these corrupt sinners n just dae as we’re telt the better. HooHah!

    15. Clootie says:

      You have to admit that the “money men”(Neoliberals)and their political poodles at Westminster have done a great job in convincing the people of England that austerity is a good thing. The safe and prudent way forward.

      Hard to believe that we have a Labour leader selling a policy that will hurt those in greatest need the most.

      The LibDems now want to talk about the middle way but have spent the last 5 years supporting cuts which target the poor, increase the need for foodbanks and put more and more children into poverty.

      I feel sorry for those people who voted NO and are just coming to terms with what they did.

      Bankers gambling support / Military posturing / personal greed in pronotion of an ever increasing gap between the Rich and Poor.

      Are we really going to continue this union behaving like an Empire regardless of the impact on society?

      Labour or Tory? Two glove puppets on either hand of the Neoliberal man. Punch and Judy giving a show while the puppet master stays out of view.

    16. Worthy of another pointless complaint to the BBC.

      There must be some form of structural difficulty in the electoral system if, through a fair democratic process, Armageddon can be a result.

      It seems the BBC want the electorate to acquiesce with Deutsche Bank’s commands. I’m not entirely sure that’s the type of country we’re trying to create in Scotland, so it might be possible the BBC are out of sync with the Scottish people – surely not!

    17. Macca73 says:

      Deutsche Bank owns amoung other companies LV insurance which is one of the largest so has a mindful eye on what’s happening here in Scotland.

      That will be the reasons behind it.

    18. Roughian says:

      @Cadogan Enright

      Is this the author of the new intervention?

      From our-Scotland web site.

      German Banker Exposed as Best mate of David Cameron
      David Folkerts-Landau, Chief Economist of Deutsche Bank, who has claimed that Scotland would have a “Great Depression” if independent, has a second home he bought for US $11.6 million dollars. His first home is in London – where he would have been well-placed to notice that Deutsche Bank was at the very heart of the LIBOR interest rate fixing scandal. Naturally neither Folkerts-Landau (he and his wife are friends of the Camerons) nor any other senior banker was jailed for that long term criminal illegality.

    19. One_Scot says:

      WTF, a ‘V-sign’ from the BBC to the SNP.

      Can you imagine taking food from your childrens mouths to pay for this mans mortgage.

    20. Mark Russell says:

      Armageddon to people like Preston is having a government that is not a puppet regime for the ruling class – and a Labour-SNP pact comes too close for comfort. If the polls continue, expect a Russian spy scandal in Lumphinnians, a resumption of volcanic activity under Arthur’s Seat and an ISIS assault on Fort William.. No mistake; these are dangerous times…

    21. scav says:

      Armageddon risk, eh. Pretty sure the four horses of war (Trident & Iraq), famine (benefit sanctions), pestilence (erosion of the NHS) and death (Jim Murphy in fancy dress robes) are all on the other side of the table.

      This is economically illiterate in so many ways. 0.5% growth in investment is not “throwing austerity out the window”. The market won’t “turn against the government”. The market only turns in one direction: towards an opportunity. If we invest in infrastructure, the market will turn towards engineering and building. If we stop benefit sanctions and invest in healthcare, the market will turn towards local businesses and medical supplies.

      What the worshippers of THE MARKET seem to want us to believe is that the market is just and only the financial services and banking sectors of the market, and if they are in any way displeased or their privileged position is in any way traduced, they will take their ball (i.e. ALL THE MONEY) and go elsewhere.

      This is, in a word, shite. ALL THE MONEY is the wealth of the nation, and that wealth is not made of numbers in a computer, but labour, mineral and energy resources, intellectual property, agricultural capacity, and so on, and so on. It’s not their ball to take home, it’s a distributed overlapping collection of many, many balls.

      Our ball is our vote. We are taking THAT home, so fuck them.

    22. Papadox says:

      The honourable Robert Peston: father Baron Maurice Peston HOL LABOUR POLITICIAN.

      GOOD OLD EBC ESTABLISHMENT.

    23. Kenny says:

      Two questions about Peston:

      1. How come he got to such an exalted position as a broadcast journalist when his voice is incredibly irritating?

      2. How can the impartial national broadcaster’s economics editor make pronouncements about political issues and especially an election without mentioning that he’s one of the Prime Minister’s best friends?

      The answers to these questions may well be interlinked…

    24. HandandShrimp says:

      Armageddon?

      With the false prophet, the seven headed beast, the rapture and 7 years of tribulation culminating in total global war and a new Jerusalem.

      I hadn’t imagined our wee country could be so exciting.

      That or some numb nuts are in hyperbole overdrive.

    25. or… BBC, stop employing people to spout right-wing opinions. There are enough politicians doing this throughout the land. Could Robert Peston not be better employed doing something useful for your organisation…

      …like putting the Scottish Premier League’s, post split fixtures up on your website, which have been out for ages.

      Inform, educate, entertain, you bastards.

    26. Nana Smith says:

      @Capella

      Maybe you are not wrong re fascist state. I posted a video at 9.05 on ‘bloody nationalists’ thread

      Anyway best head for the bunkers seeing as Armageddon is to be unleashed.

    27. jackie g says:

      Posted this earlier on previous thread.

      Nick Clegg this morning.

      Nick Clegg has said it is vital the Liberal Democrats are part of the next government to “stop it lurching off to the extremes”.

      He said the Lib Dems would “add a heart to a Conservative government and add a brain to a Labour one” by preventing excessive spending cuts or borrowing and would act as “a barrier between Nigel Farage and Alex Salmond and 10 Downing Street”.

      Lumping Eck in with that piece of pond life Farange Feart are they?
      😕

    28. muttley79 says:

      Robert Peston morphing into Jim Traynor there with his talk of Armageddon. 😀 😀

    29. Finlay Mair says:

      Aye. V for Victory. That’s the only thing coming Nicola’s way this election.

      Listening to Peston’s mind-numbingly drole patter makes me wish for the Apocalypse…

      In the news where I am; today, I accidentally superglued my fingers together with some exceptionally pungent superglue at work and in an epoxy induced moment of discovery I managed to empathize with both Ed and Jim.

      But if anyone asks… I don’t remember sniffing any glue. That’s my story and I’m sticking to it. 😉

    30. galamcennalath says:

      ‘Head in sand syndrome’ is widespread within the London Bubble.

      They just can’t comprehend … well, everything outside their wee bubble. They just don’t get that there are people in these islands (including many out with Scotland) who see things differently and can see better alternative futures than the prevalent London-centric, neo-liberal leaning, pseudo democratic, elite serving model offers.

      To them, the alternatives are unthinkable so they shove their heads further into the sand,

      To describe another democratically derived way as Armageddon for them sums it all up nicely!

      Well, things are going to change!

    31. Grouse Beater says:

      The BBC is just getting into its stride – showing its hypocrisy for all to see.

      For example, comprehensive coverage of odious Ukip, but ignored various aspects of the SNP’s view on Referendum being broadcast properly; showed disrespect to Scotland’s First Minister; promoted Brown’s full frontal declaration of ‘Home Rule,’ and somehow steers clear of Outlander in case viewers are sensitive to patriotism.

      For what it’s worth, my money’s on the Tories winning most seats. As party in power, that gains them time to recruit confederates from other parties for another ‘coalition’ which only an SNP landslide can block.

    32. Ross says:

      His Dad is Barron Maurice Peston, Labour Parliamentarian 😉 Enough said.

      http://en.wikipedia.org/wiki/Maurice_Peston,_Baron_Peston

    33. heedtracker says:

      More World Famous BBC impartial and unbiased reportage.

      BBC’s a totally disgusting outfit, as public service broadcasters go but bloody amazing if they were like pay per view SKY.

      If people want this level of corruption, they should pay for it themselves, with a subscription and just as users of SKY do do.

    34. Artyhetty says:

      Clootie@11.50am

      It’s not just those in england who are deluded re austerity many here are as well, I suspect depends which type of media lies they expose themsleves to. My son’s support worker, often comes out with crap about some people being welfare scroungers and we need austerity, and thats someone working with very vulnerable people.

      Hope she manages to keep her job if funding is cut to the organisation, nice lass, but very very deluded, or naive or both but I suspect it is not that uncommon, sadly.

    35. Joemcg says:

      Armageddon has already occurred in the early hours of the 19th.

    36. Bill McLean says:

      o/t where is Jim Traynor these days?

    37. Joemcg says:

      Agree. Nicola should come out and say the BBC will be devolved, a red line issue. A sure fire vote winner and boot Bird,Smith and Brewer et al to kingdom come as well.

    38. CameronB Brodie says:

      hmmm.. Deutsche Bank

      hmmm….the entire global banking sector, especially HSBC, also a prominent objector to Scottish independence. I wonder if there is a connection?

      In the UK, while the rich escaped to Switzerland and the Caymens, the benefits of the poor were cut “to balance the budget.”

      In this sense, the greatest scandal of our times is systemic in nature and rests upon the wholesale transformation of the world economy over the past four decades. With the onset of financialization in the 1970s, the international banking system began to act like Galeano’s magnifying glass: grossly amplifying pre-existing inequalities and inverting reality in the process. In the first instance, the system sucks up billions in interest and tax money from below. Starting with the bankruptcy of New York City in 1975 and the Mexican debt crisis of 1982, austerity became the principal means to effect a historically unprecedented redistribution of resources from the bottom to the top.

      http://www.telesurtv.net/english/opinion/HSBC-and-the-Upside-Down-World-of-Austerity-Politics-20150212-0001.html

    39. Artyhetty says:

      jackie g @12.06pm

      Sounds like Cleggy is going all Wizard of Oz on us, awww. Follow the yellow brick road that is beyond repair, no thanks Cleggy, you took an extreme right turn years ago, pulling the ladder up behind you, gtf.

    40. Mosstrooper says:

      Arrghh, Arrghh, it’s too late, head for the hills, save yourselves that Nicola Sturgeon has went an upset our Imperial Masters. Rivers of blood, plagues of flies and frogs (amphibian and not continental..right?) It’s the end of the world as we know it. Haud oan, is there no a song about that?

      Time for ma medication. Coming Matron.

    41. ronnie anderson says:

      O er Mrs Sturgoen a V ert your eyes there,s a big V sign coming your way,fae ah man smaller than ah Smurff from Wimbledon common.

      Scotland will be the only country on Independence who, Petition the Gov to tell the BBC tae Fcuk Off.

    42. Dr Jim says:

      Nick Clegg on telly right now informing us all
      it’s a straight fight between Nigel Farage Alex Salmond or him ” who do you want in government” his words

      So we know what he said, but what did he mean, he’s a bit like a flea, any dogs back will do for the Lib Dems..my words

      Power, give me Power

    43. Grizzle McPuss says:

      Is it time to whitewash the house windows and practice hiding under the kitchen table with the family?

      (I’m sure ye oldies remember that practical advice?)

    44. HandandShrimp says:

      Armageddon?

      Good enough for them

    45. Muscleguy says:

      So, Robert Peston is in favour of rule by bankers then. That is the logical consequence of his claim. Let’s abolish the Treasury presided over by elected representatives. Let’s put Westminster on the same footing as the other devolved administrations given pocket money. It can all be administered by the markets if we must be in such thrall to them.

    46. steveasaneilean says:

      So we have to let the neo-liberal elite continue to screw the rest of us into the ground otherwise they will screw the rest of us into the ground.

      I think that’s what’s called a lose, lose scenario in which case we have nothing left to lose!

      And all this from Deutsche Bank which has just failed the US Fed’s stress test:

      http://www.bbc.co.uk/news/business-31843429

    47. jackie g says:

      Artyhetty says:at 12:26 pm

      Sounds like Cleggy is going all Wizard of Oz on us
      awww.

      “add a heart to a Conservative government and add a brain to a Labour one”

      Aye Cleggy you would need to be a fecking wizard to pull that one aff.

    48. rongorongo says:

      Interesting article in the Economist where the author argues that a Labour government – supported by the SNP – would be more destructive for the union than a Conservative one: https://archive.today/69JVx
      – They claim that this is on the grounds of it building increasing resentment of Scotland by the English – who they presume would not support SNP policies. They neglect to consider those English who would might agree to support Scottish independence in return for SNP having influenced labour into supporting greater democracy. Either way – I think there is panic going on when this issue is contemplated.

    49. iheartScotland says:

      There was a list of pay rises of different trades/professions on Munguins Republic a few days ago for the last year.Top of the list was bankers at 35% but nurses etc at 1-2%. Bow to your Imperial masters people of Scotland.

    50. john king says:

      Mark Russell says
      ” expect a Russian spy scandal in Lumphinnians,”

      I knew it,
      I always thought those folk who live in Gagarin way were a bit shifty. 🙂

    51. Ally McEwen says:

      Is that the same Deutsche Bank that boasts of “Passion to Perform in Scotland” on its ads?
      Wish they’d make their minds up.

    52. Grouse Beater says:

      German Banker Exposed as Best mate of David Cameron

      More information here:
      https://grousebeater.wordpress.com/2014/09/13/the-flaky-character-of-deutsche-bank/

    53. HandandShrimp says:

      One more question. Why did you say the biggest party ‘usually’ forms the government?

      Because for all the obsession with opinion polls, what will matter in the final analysis is not who gets the most votes or most seats, but who can form a government.

      It’s very possible, for instance, that the Conservatives will have the most seats on 8 May, but will be unable to muster enough support from other parties to get over the magic 326-seat line.

      That’s why many think the potential for SNP backing actually puts Miliband in a stronger position than Cameron going into the vote – regardless of what the polls say.

      This is from the Guardian article on the UK election guide for foreigners. Thought Stu might like it for his collection.

    54. Peston is just a mouthpiece of the City of London.

    55. Robert Peffers says:

      @annie says: 15 April, 2015 at 11:33 am:

      “Isn’t Peston’s father lord somebody of somewhere?”

      Well clearly Peston thinks he is. However, perhaps I’m just taking, far too literally, other opinions I’ve overheard on the twittershpere.

    56. Calgacus says:

      Sounds as if we are about to have the full on Imperial masters bullshit rammed down our throats again. Tough! we are all immune after the referendum.

      Scotland is the most politicised country in the world just now and we can spot lies a mile off as Dim Jim has found out to his cost.

      Roll on May the 7th. Red Tories OUT. Vote SNP.

    57. John Young says:

      Last night on Wings I requested folk refrain from commenting on the physical appearance of other persons be they mps, msps or commentators.

      I think Lallands Peat Worrier managed this in today’s National when talking about Murphy but I’m not 100% sure –

      “ Many see him as a sort of Lovecraftian monstrosity, conscienceless, centreless: all surfaces and no depth, his shifting harlequin face twisting and bending into whatever expression he imagines his audience want him to wear. Today, he is anti-austerity Jim, crusader against cuts and defender of the rights of the common man. Scant months ago, he was Trident Jim, a fully paidup cheerleader for the military industrial complex, calling on his leader to accept Tory spending cuts and shun “shallow and temporary“ populism….

    58. Auld Rock says:

      Clootie, that’s the trouble with not having a written Constitution unlike most “civilised” societies, we have no way of taking them to task. But, but there is a way out, no there are two ways out, first we ensure that the SNP wins as many seats as possible and then sets about bringing the ‘dump’ on the Thames into the 21st century i.e. abolish the Thames Retirement Home and replace with an elected second chamber with say two elected members per county and the introduction of proportional representation. If they refuse to listen or do their usual thing and gang-up on us then our second option would be to do an Ian Smith and walk-out with a unilateral declaration of INDEPENDENCE.

      The very, very last resort would be to get the AK47’s out of the ‘thatch’.

      Auld Rock

    59. Robert Peffers says:

      @Macart says: 15 April, 2015 at 11:34 am:

      “Just speechless.

      Armageddon?

      FFS

      I just love the pungent aroma of abject fear and terror that mingles so well with the strong aroma of coffee of a morning.

    60. Gary says:

      But wait. Aren’t the artificially low interest and inflation rates BAD? Low interest rates is horrific for savers, investors and the national debt as a percentage of GDP. We are told we’re currently in deflation – BAD. Low interest rates – BAD. But if SNP acts and this changes then this is somehow NOT good? To be fair, should we listen to bankers about anything financial???

    61. Robert Kerr says:

      And the cry went out “Peston is pish!”

    62. Patrician says:

      This is a puff piece by Mr Peston to big up Mr Milliband and show how tough Ed is to English voters.

    63. scottieDog says:

      It’s interesting how people take peston’s economic view as gospel. I read his description of how QE worked and it was, well, completely wrong. I think it’s more a case of economic ignorance rather than anything else. He’s reared from the mainstream school out of the city.

    64. heedtracker says:

      The really really really repellent thing about Peston is he knows damn well SNP are merely proposing paying off the teamGB deficit a bit slower than either red or blue tory boy world. And that’s it really. Even on Trident, any shiny new SNP MP’s replacing SLabour seat warmers at Westminster cant make teamGB say nae and scrap WMD’s.

      What’s really going on is England desperate to stop Scotland running Scotland’s economy but even that’s not going happen, for decades, if ever. Unless Scotland decides to hold another referendum, say after little Britain waltzes out of Europe and all Johnny foreigners are sent home to think again, passing at Calais all the millions of happy and glorious English expats coming home from France and Spain, having just lost their auto right to stay EU citizenship.

      Thank you so much proud Scot buts.

    65. Stoker says:

      So, Pisson Peston rambles on with the bools in his mooth and tells us the bullies are now giving wee Nicola the vickies.

      Yiv jist goat tae laff, whit ah load ae Unionist shitebags.

      Shit scared of honesty and the wee wummin with the tin hat.

      Haw, Pisson Peston, piss aff!

    66. scottieDog says:

      Banks will always argue that austerity is good, simply because it’s good for them. Basically the government puts all the burden on the private sector to borrow and so the banks mop up

    67. Louis B Argyll says:

      Disgustingly facistic way to make a point relatin. To an opinion.

      He would FAIL any journalist exam with that outburst.

      WHY IS HE EMPLOYED BY THE BEEB? WE NEED TO KNOW…

      Clear bias.

    68. Robert Peffers says:

      @mogabee says: 15 April, 2015 at 11:44 am:

      “Good agin evil. SNP fighting for the people of Scotland. What’s wrong with that! Media folk do like their dramatic phrases eh!”

      You have heard of, “Fear and Loathing in Las Vegas”,

      Ladies & Gentlemen I give you, “Fear and Loathing in Westminster”.

    69. Graham MacLure says:

      I have just had a passing thought.
      Were the SNP to enter into some sort of agreement with either of the Tories, then, in the event of the SNP not voting for whichever Tory party the agreement is with, will their place not be taken by “Rebels” from the other Tories?

    70. gavin lessells says:

      I believe some of his friends from Radio 4 were present at a canvas in Castlemilk last night. The canvas had 165 SNP 25 undecided and 11 Labour. They, R4, were so astonished that they suggested the canvas was rigged. Asked to choose their own doors to chap they gave up.

      They just do not get it!

    71. Macart says:

      @ Robert Peffers

      They’ll be feeling the heat right enough Robert. Bankers really don’t like the idea MPs who aren’t on the payroll having anything to do with legislation.

      I think Shrimp nailed the establishment reaction perfectly above:

      “I hadn’t imagined our wee country could be so exciting.

      That or some numb nuts are in hyperbole overdrive.”

    72. Almannysbunnet says:

      @Joemcg says:
      15 April, 2015 at 12:24 pm
      “Agree. Nicola should come out and say the BBC will be devolved, a red line issue. A sure fire vote winner and boot Bird,Smith and Brewer et al to kingdom come as well.
      I agree that devolved oversight of the media, not control as some are espousing, is a key issue. This is not a vote winner at this stage. Those of us who see through the bias will not be changing our vote. Those that have yet to see through the bias will claim it is an attempt to “control” the media. The Westminster parties would beat us to death with an issue we don’t need to raise. I’m sure Nicola has it in her back pocket and will whip it out and place it on the top of the pile if labour has to face reality and ask for our support. My advice would be to keep our powder dry on this one.

    73. HawGaw says:

      I’m getting a bit sick of hearing about “the markets” as the raison d’être for every dodgy decision or questionable choice. The markets don’t seem to mind when money goes upward in ever increasing quantities, exacerbating inequality. They seem to represent nothing more than the distilled force of collective human greed, demanding untrammelled influence in every aspect of our decision making process.
      At what point do we say that people are more important than the accumulation of money? Does such a point even exist among the world’s “financial elite”

    74. CyberMidgie says:

      Deutsche Bank strikes again, I see. Never mind, there’s a much better way to sum up the situation:

      Vote SNP for Full Fiscal Autonomy, vote Rainbow Tory for Full Fiscal Lobotomy.

    75. Alex says:

      Another BBC twat.
      Yes, another one. This time his swivel-eyed economic utterings are saved for Nicola.
      Now I ain’t no economist, but FFSAAAKE, our government has run things fiscally very well.
      Despite the crumbs we get from England.
      These people really are stark, staring, bonkers

    76. Mattyboy says:

      Might be worth a look at Alex Thomson’s blog to see what Armageddon really looks like and the fact we can’t pick our nose without the say so of the good old US of A
      http://blogs.channel4.com/alex-thomsons-view/trident-nuclear-deterrent-independent/9293

    77. Luigi says:

      There seems to be no reason at all, not to devolve power over public broadcasting. If there is, then at the very least, we ought to hear about it. So what’s the reason then?

      I’m all ears

    78. Louis B Argyll says:

      Deutche Bank says… etc..

      Peston… You stretch the meaning of economics itself.

      You are an apologist for the old system and we are on to you.

    79. Macca73 says:

      Someone just posted a photo of Bertie Auld asking to get people to vote for ‘Magrit’ in her east end consituancy.

      It would seem that they are pulling every single old pal’s network they can muster to get something out of it.

      Sorry Bertie … Vote SNP because I can’t wait to see the smug look torn off her face!

    80. finnmacollie says:

      Armageddon?

      Surely a wee slip o the tongue.

      Did he no mean to say Ardnamurchan?

    81. Bill Hume says:

      Graham MacLure

      You are, of course, correct. I think that the Tory, Labour, Lib Dem and UKIP MPs will work together to neuter the SNP MPs in Westminster. I suspect they will then say to the people of Scotland “See we told you voting SNP was a wasted vote”

      However, we, the people of Scotland, will not forget this in 2016 (and I suspect Westminster is aware of that).

      I do wonder if the Westminster establishment are already planning to ‘write off” Scotland in the next referendum (2018 ish?)

    82. Proud Cybernat says:

      Stick two fingers in Osborne’s eyes… harm-a-giddeon.

      Okay–I’ll get ma jaikit.

    83. ross says:

      Ot sorry.
      I just had a thought. Has anyone read Irvine Welsh’ Filth???
      Jim Murphy = Detective Bruce Robertson.
      The similarities are incredible. ????

    84. HandandShrimp says:

      ross

      Bruce was less of a sociopath though

      😉

    85. Robert Peffers says:

      @john king says: 15 April, 2015 at 12:40 pm:

      ” … I always thought those folk who live in Gagarin way were a bit shifty.”

      Long, Long History of communist MPs and cooncillors in Lumphinnans, John, and, by the way, some bloody good guys too. They included MP Willie Gallacher.

      Here’s a bit about it : –
      http://www.thecourier.co.uk/news/fife-communists-historic-respect-for-trailblazer-yuri-gagarin-1.30316

    86. Tony says:

      He’s quite clearly using a sarcastic tone. Why is this on Wings? I tend to find Robert Peston, pretty honest, and Deutsche bank always threatening Armageddon.

    87. Wee Folding Bike says:

      frankieboy says:
      15 April, 2015 at 11:38 am
      He is such a burbling, bumbling, waffling twerp. He reminds me of Sgt Wilson in Dad’s Army.

      Actually Sgt Wilson only came across as bumbling. He was always asking Mainwaring if he sure a course of action was wise and he understood the 24hr clock. He had also been a captain in WW I but never mentioned it.

    88. cearc says:

      Grizzle McPuss, 12.31.

      No, no. That’s so yesterday!

      We have a nuclear deterrent now, dontcha know?

      First you have to soak your sheets in piss and drape them over the table, THEN get under it.

      Presumably because after spending several weeks with your entire family, crammed into a pee soaked tent, eating cold baked ,radiation sickness won’t seem so bad!

    89. jackie g says:

      ross says at 1.56pm

      Has anyone read Irvine Welsh’ Filth???
      Jim Murphy = Detective Bruce Robertson.

      Not read it but was watching River City last night(I know please dont judge me)
      😉

      Anyhow there was a really sleazy dodgey Glasgow councillor (BBC Scotland keeping it real eh) called Frank who was the spit of creepy Jim without the grey hair.

      🙂

    90. ronnie anderson says:

      Arm ma gaddin on wee go
      heel fur heel
      an toe tae toe
      an weil toe the line in Westminster
      Claymore in Hand
      Cmon ya B+%£($!

    91. Chitterinlicht says:

      Armageddon -definition – google

      noun

      a dramatic and catastrophic conflict, especially one seen as likely to destroy the world or the human race.
      “nuclear Armageddon” (ha ha )

      Jesus wept

    92. john young says:

      Thought oil was “auld hat” and on the way out??

    93. Lollysmum says:

      1) Deutche Bank- vote yes to indy-all business will leave Scotland. YES will be a financial disaster for Scotland.
      January 2015-an independent Scotland will be one of the wealthiest countries in the world. An embarassment of riches.
      April 2015-pish

      Peston-son of Baron Peston is an embarassment. For sale to the highest bidder (currently the establishment) but as an English voter I want to hear the truth and am not hearing it at all.

      Nicola-you have them on the run & it’s bloody marvellous to watch here in England. I have the advantage of being able to look on both sides of the fence with a critical eye. I have to say the view on Scotlands side is extremely attractive so keep it up girl 🙂 They are running around like headless chickens here & as an SNP member, I’m loving every minute of it. You are doing a brilliant job 🙂

    94. arm a geddon fed up with all this unionist pish.

      …I’ll get my jacket, as well

    95. Valerie says:

      @finnmacollie, the Ardnamurchan risk! That would be the wee ferry over?

      Haw, Mr Peston, never mind your V signs, I’m sending you a middle digit sign.

      If we need any further proof of the moral bankruptcy, and sheer stupidity of the Right, we just need to reflect on that heinous policy of the Tories yesterday, selling off Housing association stock, wrong and stupid in a multi layered way, and the professional body will take them to court if they try.

      How can they not understand the social experiment has not worked, except for the rich, oh wait…

    96. Crash says:

      This is project Fear 2 people. remember they used to wheel Robert Peston out during the referendum to predict all dire sky falling in stuff and this is just a continuation of it.

      To be fair I don’t think that particular interview was aimed at Scots but was for more English consumption however I’m sure Robert will be popping up shortly on your telly to tell us how financially illiterate we all are and to vote labour.

    97. desimond says:

      In the Game of Thtones of Life..Are we the feared (Blue &) White Walkers?

    98. ronnie anderson says:

      @ jackie g Tried sentenced 3 months, tae Wentworth, git ah job in the gardening squad an enjoy the sunshine lol.

    99. chalks says:

      Just wait until the ‘we’re getting a government we didn’t vote for’ argument takes ahold….then you’ll see a turn in the ‘we love you scotland’ voices….that’s if we aren’t seeing it already.

    100. Dr Jim says:

      I need advice guys

      Just received Lib Dums latest info gibberish, thing is, it arrived in a Franked Envelope addressed to me but the Frank says “Election Communication” with swirly lines either side
      I’m just wondering who pays for this
      I know some of you guys out there are up on this stuff it just looks wrong to me

    101. heedtracker says:

      BBC r4 lunch time news shills were on tour south side Glasgow today, usual BBC widdle over Scotland bleh, but they spoke to SLabour MP job for life incumbent and asked how could they have let this happen in teamGB heartland of loyal Britishness, you know, why are the sweaties not falling in to line, and the SLabour MP said, wait for it, “I dont know, I really do not know, I do not understand it, we won the referendum which is all behind us now, so I do not know…”

      And who was this mystified and befuddled SLab seat warmer?

      http://www.bbc.co.uk/news/uk-scotland-scotland-politics-16576255

      MP Tom Harris quits media post over Hitler joke video

    102. Robert Peffers says:

      @Gary says: 15 April, 2015 at 1:08 pm:

      ” … should we listen to bankers about anything financial???”.

      Of course we should always, listen to bankers, Gary. For bankers always give the very, very best financial advice – – – for Bankers. Just not the best advice for anyone else. In fact in most cases it might be best to pay careful attention to the bankers and do exactly the opposite.

      You better believe the bankers first loyalty is to their own best interests, followed by the bank’s best interests and the Neo Liberal’s best interest next. Now consider that to grow the former interests requires they obtain funds and they have no skills whatsoever at producing any goods or any non-banking services.

      Their only sources of funding must come either from the workers, the poor or from other bankers. Thus the rich get richer and the poor get children Err! poorer.

    103. jackie g says:

      ronnie anderson says at 2.19pm.

      Suitably chastised Ronnie.

      🙁

    104. Fireproofjim says:

      I would love the BBC to be devolved, but not so that we could control it.
      It would have to be an independent, Scottish-oriented service, and not just a Scottish Government mouthpiece otherwise we would have just the same faults developing as now. It would have to be capable of annoying the great and good without fear, but it would also have to behave in a responsible way.
      The old BBC motto – “Nation shall speak truth unto Nation”- could be appropriated by the new Scottish service as the current lot don’t seem to have any use for it.

    105. Robert Peffers says:

      @Louis B Argyll says: 15 April, 2015 at 1:19 pm:

      “WHY IS HE EMPLOYED BY THE BEEB? WE NEED TO KNOW… “

      Clear bias.

      You just answered your own question there, Louis B.

    106. Les Wilson says:

      An excellent article from Business for Scotland, really worth a read.

      http://www.businessforscotland.co.uk/project-fear-relaunched-to-justify-backtracking-on-vow/

    107. Marie clark says:

      Sorry late to this party, just back in from leafleting.

      ARMAGEDDON! Jesus feckin wept. Whit are these eejits oan.

      Do We need to get the tinfoil hats oot, or dig a bunker or whit dae we dae. We should be told.

      Good old EBC, eh. Never ever let facts get in the way of a story.More to the point, why should we believe anything that Cameron’s pals at Deutsche Bank tell us. Heard it all before. Twas a load of shite then, and is a load of shite now.

    108. manandboy says:

      Robert Peston has a plan – to lock himself in a BBC toilet until after GE15.

      As for BBC Scotland, I should like to see Pacific Quay moved – about 50 metres north, but only at high tide, and with a heavily swollen river.

    109. HandandShrimp says:

      O/T

      The article in the Guardian on the 1985 Bradford City fire is truly shocking. Is there nothing that wasn’t crooked or covered up?

    110. rongorongo says:

      @Tony, 2:05 pm

      “He’s quite clearly using a sarcastic tone. Why is this on Wings? I tend to find Robert Peston, pretty honest, and Deutsche bank always threatening Armageddon.”

      Preston’s response begins “There is clearly some sort of Armageddon risk where labour and the SNP go off into some kind of alliance and throw austerity out the window…”. A journalist who wished to be seen to have even a shred of impartiality would have said distanced themselves the report by saying something like “There clearly some sort of Armageddon risk being talked about here by DB ….”. Preston didn’t do that – so he either made a error in emphasis for which he should apologise – or he meant what he said and sides with DB.

    111. There are a lot of children in Afghanistan and Iraq who think that Armageddon arrived years ago.

    112. muttley79 says:

      @HandandShrimp

      Funnily enough, I just read that article on the Bradford stadium disaster about 20 minutes ago, and was thinking the same. Absolutely shocking that the then Bradford FC chairman has been linked to eight previous fires! Eight fires FFS. Horrendous story. The guy that has written the book lost three generations of his family, and he was the one who has found reports of fires at the premises of the Bradford chairman, by looking the local papers.

    113. heedtracker says:

      carjamtic says:
      15 April, 2015 at 2:48 pm
      Heidtracker@2:27

      Little bit of a theme going here ?

      Could be.

      BBC gits lined up script for their reprobates like Pesto and co May 7 shrieking

      “Its Armageddon for the sweaties, so BBC commands YOU vote anyone but SNP or you and children will walk the haunted wastelands of Glasgow south side, feasting on the bodies of the dead, crying out to England and the BBC to save you from your cursed SLabour free existence, YOU will rue the day you voted for the most dangerous women in our tiny little ickle wickle island , Nicola Sturgeon, early anglo saxon for, the she devil…

      BBC licence fee included but just one more reason to get as far away as form the whole BBC terrorising shebang as your one vote can get you.

    114. Fergus Green says:

      Armagideon Time – The Clash – London 79

      http://www.youtube.com/watch?v=ga4wASz39Fc

    115. HandandShrimp says:

      Of course Deutsche Bank also wrote this

      http://www.businessforscotland.co.uk/deutsche-bank-the-incomprehensible-contradiction-and-the-indefensible-union/

      Armageddon or Promised Land?

    116. frogesque says:


      Grizzle McPuss says:
      15 April, 2015 at 12:31 pm
      Is it time to whitewash the house windows and practice hiding under the kitchen table with the family?

      (I’m sure ye oldies remember that practical advice?)

      Aye, and you had 5 minutes to do it!

    117. Iain Gray's Subway Lament says:

      It’ll be Eggmageddon for Murphy and his westminster establishment chums soon enough. 😉

    118. HandandShrimp says:

      frogesque

      Only to find that you can’t get the lid off the whitewash

    119. cirsium says:

      @heedtracker, 2.27pm re mystified and befuddled MP Tom Harris

      I received an election communication from Mr Harris. His pledges include “We will provide the Scottish Government with enough money to give £1600 support to every 18 and 19-year-old who doesn’t go to college or uni.” He is campaigning for better bus services, for the right of parents to have bereavement leave if their child dies, for the end of sanctions on benefit claimants and for 1000 extra nurses.

      In 24pt script (used in Primary 2 reading books to help children read), he exhorts voters “to make Scotland prosper as one of the most successful and strongest devolved nations in the world”. How anyone equates success with the growth of food banks is beyond me. Perhaps Mr Harris thinks (hopes?) that the electorate has the cognitive functioning of six year olds.

    120. manandboy says:

      Robert Peston speaks as if Armageddon is a future event, when in fact, as he well knows, it happened in 2007/2008, if not sooner. With the creation of Mortgage Backed Securities and their grossly irresponsible and extensive use by the gambler bankers in the American sub-prime market, the fuse on Armageddon was lit.

      We are still living with the subsequent explosion and ongoing devastation which is clearly far from over. It is this event which the politicians, and the rich, are still striving to survive intact – at the expense of everyone else.

      And so the game continues. Blind the public with lies; take their money behind their backs; massage the electorate with promises and assurances – rather like tickling a trout – and then after they have voted, put the knife in their belly, gut and fillet them – job done for another five years.

      The BBC – the great British Broadcaster, keeping the British public abreast of the unfolding Armageddon while safeguarding the integrity of the United Kingdom – and the band played ‘Nearer my God to Thee’.

      We have reached a stage in our history when the biggest crime in these islands is to tell the truth. That’s why Nicola is ‘the most dangerous woman in Britain’.

      Armageddon isn’t over, but there is a way, one way, of avoiding what is yet to come, and that is Independence.

      Support Nicola, Vote SNP.

      Join SNP, support Scotland.

    121. EddieMunster says:

      Robert Peston should get himself a hair cut and get a real job . . .

    122. Connor McEwen says:

      To Donald Urquhart and Dr. Jim,and anybody else.
      Recycle at;
      Freepost RSBB-XRZT-ZTXE
      CONSERVATIVE PARTY FOUNDATION
      30,MILLBANK,LONDON
      SW1P 4DP

    123. Malky says:

      Papadox says:

      15 April, 2015 at 12:04 pm

      The honourable Robert Peston: father Baron Maurice Peston HOL LABOUR POLITICIAN.

      GOOD OLD EBC ESTABLISHMENT.
      Das ist SEHR interessant…

    124. yesindyref2 says:

      I see George Osborne is in Aberdeen today, claiming he’s cut the tax on North Sea oil, whereas mostly what he’s done is just reverse the damage he did in 2010.

      Sadly he and Danny Alexander, and the Conservatives and LibDems, seem to have gone onto an auction site in 2010 and bought a job lot of 1970’s calculators. Danny’s automatically presumes you mean shillings so multiplies by 12 to convert to pennies, George’s puts a minus in front, so he thinks he’s reducing the debt. I believe Murphy got one too, it has a random policy generator.

      Unfortunately for Robert Peston, he got a prototype of the talking book, and the only thing recorded on it was Edward Lear’s Book of Nonsense.

    125. frogesque says:

      lol @ HandandShrimp!

    126. Grizzle McPuss says:

      “Am-a-gid-onion”…Oh how I dream about the Lady of Shallott

    127. Dorothy Devine says:

      Frogesque and Grizzle McPuss , remember it well and were we not to unhinge the doors and prop them up against the table under which we had to camp? Tape the windows too.

      Aye , When the Wind Blows!
      http://www.youtube.com/watch?v=sdtpvoOXn2o

    128. Fergus Green says:

      The original is even better:

      Willie Williams Armagideon Time

      http://www.youtube.com/watch?v=8OBafgG9SpQ

    129. AlbertaScot says:

      Sorry for going OT but here’s something you may have a little fun with, Stu.
      This is Murph in the Gnat today digging the hole a little wider and deeper:
      “The size of the budget is determined by the Labour Party as a whole, that’s clear… how the money is spent in Scotland is a decision for the Scottish Labour Party when it comes to these devolved policies like health and education.”
      And there’s more:
      “You’ll see in our manifesto just how we’ll spend this money. That’s a decision for the Scottish Labour Party and no one else.”
      So here’s the deal. The Slabs, I guess both the WM and Holyrood variety, are going to have their own budget to administer in Scotland.
      Even though they aren’t the Scottish government, they will be the Scottish government.
      You couldn’t make this shit up.

    130. Phronesis says:

      Catastrophising Scottish Independence yet again- it’s a common theme.
      Perhaps we could look to Norway- another very small nation that’s endured their own version of Armageddon- a massive natural energy resource in their own backyard. Norway clearly had incompetent economists advising their hapless government who managed to create a sovereign wealth fund from North Sea oil production that accrues benefits not only for the current generation of Norwegians but future generations. They have an agreement to limit the annual spend on their oil fund to 4% and as such their spending out of the fund has been equal to the real return in recent years- what a calamity.
      If UKOK had followed Norway on the same path to Armageddon the UK would have an sovereign wealth fund of £350 billion as a % of national income. But it doesn’t exist-given the amount of money WM have spent on economic advisors & economic think tanks everyone in UKOK should be asking why.
      Meanwhile the current policies of WM is to sell off state assets- shrinking the net worth of the state and ensuring that for future generations the current economic policies will be a vehicle for maintaining intergenerational inequality.
      Protecting the state, acknowledging the positive contribution of the welfare state to economic performance and maintaining the markets are not mutually exclusive- smaller economies understand this-their version of Armageddon would serve an Independent Scotland well.

    131. Connor McEwen says:

      TA to Doug McG for hat4uk blog

    132. YESGUY says:

      Rev your a star.

      After reading through the comment i had a shifty at the rUK broadsheets. Armageddon indeed. They are shitting bricks down there. Hilarious though.

      I used to get so angry at the way the MSM treated and showed Scotland in bad light. Now it’s sssooooooooo funny.

      Down in the dumps and fed up ?
      need a wee lift to help you through the day ?

      The pop on to the Telegrapg and Guardian for a pick me up of gigantic proportions. And check out the comments section s too. it’s amazing the way folk see things.

      Scotland a big bad place where poor “Magrit C” Is harrassed at the doors by EESSSEEENNNPPEEE terrorists or maybe that was activists … same thing according to the Telegraph.

      And the number of Nicola Sturgeon fans are increasing every day just for the fun of it.

      We really need to get free from this union . It’s so fecked and lost.

      Nawbags . We will forgive you once you come over from the dark side. Vote SNP vote Scotland

    133. manandboy says:

      Armageddon in Barrhead – for Labour.

      Rod Robertson, in response to Kevin McKenna writing in Sunday’s Guardian, says “Kevin I always look forward to your articles they are invariably bang on the money.
      This however is way off the mark.
      Most of the Scottish Press pack accredited Murphy with winning both debates.
      Alas for them the YouGov Poll on debates at Nicola on a whacking 53% Murphy on third place behind Davidson with just 13% thinking he had won the debates.

      It seems there is still a bit of your Labour tribalism lingering in you to believe Murphy has reached the top of any mountain with SLAB.

      In fact today in his own constituency in a once rock solid Labour Barrhead his troops lasted all of 10 minutes on Main St before upping sticks and heading for home.
      The good people of Barrhead left them in no doubt the days of weighing Labour votes are well and truly over.

      Meanwhile the SNP Street Stall was swamped for a further 3 hours eventually only stopping when they had run out of badges ,posters and flags.
      Furthermore the canvas returns show that the Labour vote has all but evaporated amongst all except the 65+ demographic.
      If you think Jim Murphy is the answer ,then you are asking the wrong question.”

      http://www.theguardian.com/commentisfree/2015/apr/12/jim-murphy-scotland-labour-problem-nicola-sturgeon

    134. Derick fae Yell says:

      This election, or rather metropolitan man’s reaction to the non return the box of the Scots, is seriously hallucinogenic

    135. Ken500 says:

      Scotland has always balanced the books. It’s Westminster that overspends and milks Scotland dry. Trident/illegal wars, banking fraud and tax evasion. Labour kept the McCrone Report secret for forty years. Thatcher secretly took all the Oil tax revenues and shut down every manufacturing facility in Scotland. ‘This must be kept secret’ written by Thatcher on documents released last year. One of her Ministers resigned. Thatcher cancelled a pipe line and wasted the equivalent of £Billions of Gas. The Gas was burnt off.

      Preston the BBC stooge.

    136. AlbertaScot says:

      Hit the pause button on Armageddon.
      Oil prices flying today. Brent up over a buck, West Texas nearly 2.
      Let the good times roll!

    137. Capella says:

      Peston is another Establishment figure like his predecessor Stephanie Flanders who was the BBC Economics Editor but now works for JP Morgan.
      She seemingly had a fling with Ed Miliband and Ed Balls. So says the Telegraph.

      https://archive.today/GYU4Z

    138. heedtracker says:

      cirsium says:
      15 April, 2015 at 3:48 pm
      @heedtracker, 2.27pm re mystified and befuddled MP Tom Harris

      As events this week show, he’s just one more liar or maybe creepy Jim will decide UK budget.

      Harris is one of many job for lifers that think we all live in a parallel universe. He tells BBC shill today he really does not know why Slabour are polling badly but look at how he strongly voted for war against Iraq.

      These guys go way beyond local electioneering fibs and attack buffoonery. They think their arses are covered by a deeply corrupt BBC or, where is the Chilcot Iraq report, or teamGB civil servants will nod and wink and tap noses for them and maybe they really can creep back in for another round of when likes of Jacky Bird and Gordon Brewer say jump Scotland, you ask how high.

      http://www.theyworkforyou.com/mp/10941/tom_harris/glasgow_south/divisions?policy=1049

    139. FairFerfochen says:

      Robert Peston.
      Is this the conescending creepy guy who was on our screens the other day “explaining” in primary school format with added sinister pointy graph finger how the pensions will be shafted if the SNP were to get any say?

      The wife was genuinely creeped out, still is…

    140. ronnie anderson says:

      Letter to the Legal Occupier ( thats ME ) its ah begging letter from Robert Pestons employers.

      Send ah SUMMONS ya F+£Kin TWATS.Am armed & (dangerous) wie Prof John Robertson,s BIAS REPORTS.

    141. X_Sticks says:

      Peston always reminds me of one of Gerry Anderson puppets with his jerky hand and body movements and his sing-songy voice.

      The puppets generally made more sense though but Peston has the edge on comedy 😀

    142. Dr Jim says:

      Nice to know the British Nationalists, Tory Labour and Lib Dem have just been making announcements that even though the people of Scotland voted to stay in the Union after all the love and attention lavished upon them

      You’re not welcome under any circumstances
      and that’s whether you vote for them or not

      So if you voted NO it doesn’t matter you’re still not going to be in the club
      and aren’t we all surprised

      So NO voters, whit ye gonny dae

      No need to blame yourselves, you got gubbed
      Now gub them back

    143. Aceldo Atthis says:

      heedtracker, you’re absolutely right. A lot more attention should be given to the likes of Tom Harris and their support for international war crimes.

      Iraq is just one example, he has repeatedly (amongst so many others in the Labour Party) been an ardent supporter /apologist apropos Israeli war crimes.

      Harris is a thick scumbag of the highest order.

    144. John H. says:

      Heedtracker. Don’t forget, it was Tom Harris who said this.

      “We were set up as the party to represent the values of working people, working being the key word. We weren’t set up as some sort of charity to help the poorest in society – the long-term unemployed, the benefit dependent, the drug addicted, the homeless.”

    145. ronnie anderson says:

      @ Fergus Green 4.11. I,ll save that tae effter, ah Heidrub wie Bayrum an basking in the sunlamp wie ah pinacalada, twa straws please lol.

    146. carjamtic says:

      Has the BBC ran out of bullshit yet…..

      http://www.youtube.com/watch?v=fOiYA07HO94

    147. ronnie anderson says:

      All the Onionist Party,s forgot about this in their manifesto’s,now say thanks Ronnie nicely.

      http://www.youtube.com/watch?v=awhQjT14cdA

    148. Cadogan Enright says:

      (reposted with para breaks from 11.44)

      I posted about Deutsche bank on this site a few days ago – does
      anybody know the author of their anti-Scottish electoral intervention this time?

      Is s/he the same as the author of the intervention the Referendum
      debate by Deutsche bank?

      Does this person have any connections with other UK political
      parties?

      Does Deutsche bank’s head office know that their branch office is
      playing politics in the UK and Scotland? If so, what benefit does
      Deutsche bank see for itself in this meddling intervention?

    149. galamcennalath says:

      Capella says:
      Peston is another Establishment figure like his predecessor Stephanie Flanders who was the BBC Economics Editor but now works for JP Morgan.
      She seemingly had a fling with Ed Miliband and Ed Balls. So says the Telegraph.

      Interesting, that. Shows the extent to which Labour people and BBC correspondents move in the same social circles as professional.

      We all know about all the ‘networking’ here in Scotland, but this shows London is no different.

    150. yesindyref2 says:

      @Cadogan Enright
      Oh, I vaguely remember Deutsche Bank report last time wasn’t a report from the main place in Germany, it was a London sub-office. I’ll try to find it in the Herald, and some of the comments (perhaps mine too), had an expose on it.

    151. yesindyref2 says:

      Ah yes, I remember. 5 days before the Ref, Deutsche Bank compared Scotland going Independent to the “Great Depression”. My comment was this:

      —————————-
      To put this in context, from May in the Herald, a report from Deutsche Bank:

      [url]

      “Global exchange giant Deutsche Bank: indyref Yes would be negative for sterling”

      “”When it comes to the impact on the financial markets, we suspect that the period of uncertainty during the negotiation phase that a Yes vote would generate would be negative for both gilts and sterling.”

      It added: “Political uncertainty during the negotiation period is likely to be negative for the currency, with the scale of this depending on what monetary policy option Scotland eventually plumps for.

      “A sterling currency union may prove the least negative, as it leaves the size of the economy covered by sterling the same and a formal agreement could help reduce the political risk premium.”

      That was worry about the rest of the United Kingdom, so is it possible that the recent drop in sterling has not only proven that uncertainty causes problems, but that it could be worse than thought? Osborne and Carney (BoE) are cutting short the G20 summit to be around the day after the Referendum in case of a YES vote.
      ——————————————-

      The Deutsche Bank Sterling warning can be found on the Herald by seaching for “Global exchange giant Deutsche Bank: indyref Yes would be negative for sterling”

      Just done a little more checking on David Folkerts-Landau, who wrote that rubbish about the Great Depression. He spent a lot of time in London, but here’s interesting from wiki: “David Folkerts-Landau was born in north-west Germany and at 14 years old was sent to a Scottish boarding school. He is reported to maintain links to his birthplace”.

      I think that says it all regarding any “impartiality”.

    152. Mo says:

      O/T. Some nut bar on Jim Murphys FB page is calling SNP supporters, Fascists !

      Sir Oswald Ernald Mosley, 6th Baronet[n 1] /?zw??ld.?mo?zli/ (16 November 1896 – 3 December 1980) was an English politician, known principally as the founder of the British Union of Fascists (BUF).[1] He was a Member of Parliament for Harrow from 1918 to 1924, for Smethwick from 1926 to 1931 and Chancellor of the Duchy of Lancaster in the Labour Government of 1929–31, a position he resigned due to his disagreement with the Labour Government’s unemployment policies. He then formed the New Party which merged with the BUF (which included the Blackshirts) in 1932.

      Although relatively well funded, Mosley often overemphasized intellectual fine points that appealed to few voters, opposed free trade and associated closely with Nazi Germany. Mosley was interned in 1940 and the BUF was proscribed. He was released in 1943, and, politically disillusioned in Britain, he moved abroad in 1951, spending most of the remainder of his life in France.

    153. Cadogan Enright says:

      So, Wingers have established that Preston the son of a wealthy Labour Lord was interviewing on the basis of a report from a bank whose chief economist is chums with Cameron and who lives in an £11m mansion in London. No one declared an interest during the program I take it?

      Is the more that needs to come out here? What about the Referendum intervention? Anyone else involved in this shameful episode?

    154. Ken500 says:

      Osbourne put Oil taxes up 11% (£2Billion) a year in the 2011 Budget. Scotland lost £4Billion+ year – £16Billion. Osbourne proposes Scottish MP’s should not be able to vote on tax matters in Westminster.

    155. ian says:

      O/T

      I have found where the 1600 pounds are coming from
      It is from Scottish Labours “manifesto”
      Jim Murphy will create a 175 million pound fund to support jobless and school leavers
      It does require a couple of things to happen though
      Labour victories at Westminster and Holyrood being the two biggest obstacles and Labour abolishing the bedroom tax which if I understand would free up the money the SNP are using to offset the bedroom tax
      There is an article in the Guardian about the announcement
      I think the Smith commission rules will negate some of his financials

    156. Natasha says:

      @Mo 6.01pm

      Bugger! I thought I was doing well being called a communist and a Nazi on the same street; now I realise I need to be called a fascist too to complete the hat-trick.

    157. HandandShrimp says:

      This was posted on the Labour Facebook page. It is now removed and the Facebook page of the same name has been deleted.

      To be fair to Labour this looks like the work of the increasingly insane Pouter faction touting their wares to anyone that will listen.

      https://www.facebook.com/YesKirkintilloch.Lenzie.Villages/photos/a.545375875527393.1073741831.461454353919546/868983113166666/?type=1&theater

    158. Sunniva says:

      Does anybody know the current oil price? It has been rising since January.

    159. Fireproofjim says:

      Sunniva
      Around $59 today. About 18% up since February.

    160. Shex says:

      OT can’t wait to see what’s in store for us when the SLAB manifesto finally gets released.

      If Millipede becomes PM, the Smurph’s gonna be taking us all on a 5 year field trip to the promised land. Bread and honey for all !!!

    161. Chris Sewter says:

      Anyone that answers a simple question with erm, uh uh erm etc, is someone who is not to be trusted, they are either lying or trying to hide the truth. Pity it was radio and not tv as I just bet his eyes were all over the place as he tried to think of something plausible that listeners would maybe believe.

    162. Chris Sewter says:

      Anyone that answers a simple question with erm, uh uh erm etc, is someone who is not to be trusted, they are either lying or trying to hide the truth. Pity it was radio and not tv as I just bet his eyes were all over the place as he tried to think of something plausible that listeners would maybe believe.

    163. Sunniva says:

      Thanks Fireproof. Long may it continue. They were keeping that trend quiet though.

    164. frogesque says:

      @HandandShimp 6.37.

      Assuming that was genuine and not some nutter spoofing then it is beyond disgusting.

    165. yesindyref2 says:

      @Cadogan Enright
      Most of them really. You can’t tar Deutsche Bank as a whole by its London operation though. I vaguely remember a report on lending (from German) to an iScotland that was quite rational and similar to the S&P report.

      If I remember correctly, it thought there would be a premium because of Scotland’s over-exposeure to the financial sector, which is fair enough, but with any luck we’d lose a lot of that as Edinburgh operations simply brass-plated their operation down in London to get BoE protection, something that the BoE can’t really stop.

      The thing is that with FFA or even Indepedence, the Bank would be falling over itself to lend money to Scotland to cover the deficit, as Scotland is still a “premium grade” investment (probably A or A+ and AAA within 2 or 3 years). Even with the low price of oil which has indeed risen to $59 and generally expected to rise slowly, ups and down included. Our onshore GDP is good, and rising steadily – FFA / Indy would almost inevitably increase that rate of climb, as Scotland put in place fiscal and economic policies that suited us, not the whole of the UK (read London and South-East).

      Meanwhile, banks knowing which side their bread is butterd under the UK Government, play the UK Gov game, with the help of course, of the BBC.

    166. Fiona says:

      O/T

      Got my first election leaflet from the tories today. Made me laugh so I thought I would share. Candidate is Lauren Hankinson, and it says:

      Lauren was born in Glasgow and her family roots in Glasgow North go back four generations. She is a qualified lawyer and communications professional who has the skills and training to listen to constituents

      Impressive? Do you need skills and training to listen to folk? I sort of thought it came with the hardwiring that makes you human. But what do I know??

    167. Fiona says:

      Good god, HandandShrimp

      I don’t know whether to laugh or cry or throw things. Is that for real?

    168. Kevin Evans says:

      Aye Fiona I got something from the Tories today too. Delivered by the postie of course.

      I dunno what it said. Went right in the bin. So they canvassing my area of Kinning park. Sawar won’t be happy wi that. Guess no tactical voting in my area

    169. laukat says:

      If Murphy is going to launch a Scottish Labour manifesto tomorrow are any of the press going to ask what his red-line issues are to go into coalition with UK Labour? Wouldn’t it be funny if he said an end to austerity or no more cuts?

    170. HandandShrimp says:

      It was captured on the Labour page as a post by someone touting it and there was a Facebook page here

      https://www.facebook.com/pages/SNP-will-turn-us-into-a-Third-World-country/305558359466583

      but it is now deleted/down. As I said, not Labour’s doing…almost certainly our shooglie eyes friends in the Pouters. The gripe was that it was up for hours on the Labour Facebook page but we all know how stretched Labour resources are so I’m guessing it just took hours for their admin to spot it.

    171. Lollysmum says:

      O/T
      Starting at 7.30pm Ivan McKee, John Swinney as guest speakers at Michelle Thompson’s SNP hub in Edinburgh West on independence live ‘Lifting the lid on Austerity’

      http://livestream.com/IndependenceLive/events/3962647

      Perhaps Jim Murphy should watch this & learn something 🙂

    172. Bob Mack says:

      @Fiona,.
      Yes it is for real.Labour allowed it to be posted on their facebook page.I am barred from comment currently.but many people includind Labour supporters demanded it was taken down.Sickening

    173. Tinto Chiel says:

      Just finished this long and interesting thread.

      But really, Peston?

      Who listens to this drawling, foppish Establishment place-man?

      And V-signs?

      Coming at ya, Pesto!

    174. Patrick Roden says:

      You know, We’ve been hearing a lot from commenters speaking on and to the BBC, that even if Nicola doesn’t want another referendum straight away, all the new members of the SNP will demand it, and because of the way the SNP is set up, the leadership won’t be able to stop this.
      They tend to add, that Nicola is fully aware of this, so pretending that she can stop this momentum is being disingenuous.

      So if you haven’t already done so, Join the SNP and make sure we all push for Scotland to have control over our own media, no bias, but true journalism that is accountable for what they do and don’t print or show.

      Any lack of balance on our broadcast media could then be addressed, and any articles appearing in the arse-wiper media, would have some oversight, so that the obnoxious behaviour of the Telegraph when they door-stepped people who commented on wings, could be challenged and large fines could be administered if they broke a ‘Scottish Media’ code of practice.

      Surely the days of outright lies and smears, that are used to cause divisions in our communities or intended to scare people off from supporting Scottish self determination, is unacceptable?
      Surely the days of Scots being forced to pay a licence fee to a media outlet that is clearly biased against, Scottish self determination, is unsustainable?

      It can’t go on like this, lets all get signed up and lets all let them know that our priority is to get these lying deceitful scum-bags out of our country and out of our politics.

    175. Breastplate says:

      Peston has been commenting on subjects for years in which my wife is considered an expert.
      She has been calling him an idiot for years.
      Perhaps he knows more now that he looks like an eccentric thespian….or perhaps not.

    176. Robert Peffers says:

      @Ken500 says: 15 April, 2015 at 4:34 pm:

      “Thatcher secretly took all the Oil tax revenues … ”

      Actually Ken500, there was nothing secret about it. Some of we old hand were telling anyone who would listen that the Treasury was taking 100% of the revenues and calling them as from Extra-Regio-Territory and that this was like them inventing a new UK country the lay mainly in what was internationally recognised as being Scottish territory and under Scottish legal jurisdiction.

      To this day the cost of policing those oil & gas installations is 100% paid for by the council tax payers of the councils adjacent to the off-shore fields. There is no addition from the Treasury.

      No one listened to us and we were mainly regarded as those Nationalist Loonies. When devolution was first being spoken about we were also warning that unless England also got a parliament outwith that of the United Kingdom there was going to be trouble as it meant William Wallace died for nothing and Bruce was now going to have lost the wars of independence.

      For the London Establishment was about to accomplish what the overwhelming outnumbering of English Armies could never accomplish. To make England the masters of the other three United Kingdom countries. Well folks, that’s the way that particular cookie has indeed crumbled. Go read that UK Gov funded paper that I’ve cited several times before and which David Mundell so arrogantly quoted, thus, “The Treaty of Union extinguished the Kingdom of Scotland and renamed the Kingdom of England as, “The United Kingdom”.

      That, as far as the Westminster Establishment is concerned is Scotland’s place and the place they intend to keep us. The United Kingdom Parliament, (in their eyes), is indeed the Parliament of England and Scotland has become just another region of England.

      https://www.gov.uk/government/collections/scotland-analysis

    177. Rock says:

      Fiona,

      “She is a qualified lawyer and communications professional who has the skills and training to listen to constituents”

      Did the leaflet mention how much per minute this qualified lawyer charges for listening to her customers?

      Their likes are well trained indeed – to milk us dry so that hundreds of thousands of children are starving in our society.

      Lawyers – the lowest of the low (with a very small number of notable exceptions).

    178. Louis B Argyll says:

      Patrick, well said.
      ..personally havent joined any party as yet, tempted for many years…

      on the flip side its good to know that our predecessors werent members of anything either.

      Scottish nationalism has been around as a political leaning for a very lomg time…the new members showing a mere hint of the size of the shift.

    179. Katie says:

      Hahaha, this material be a bit old but madd me laugh, especially the labour candidate campaign attempt to man who com ld have looked less interested. Hahaha.
      https://m.youtube.com/?#/watch?v=E6nhEwPNvbI

    180. McBoxheid says:

      Arma gideon.. is that no a one armed bandit?

      I’ll get ma coat

    181. Robert Peffers says:

      @Natasha says: 15 April, 2015 at 6:25 pm:

      “I thought I was doing well being called a communist and a Nazi on the same street; now I realise I need to be called a fascist too to complete the hat-trick.”

      Yes indeed, Natasha, but none of those are quite complete without the added doubts regarding the actual legitimacy of your parentage.

      What’s more you don’t get the bar for the campaigning medal until you get called all such, by the same person, in the same sentence on the same doorstep.

    182. Natasha says:

      @Robert Peffers 8.48pm

      Does it count if I pay someone to say all that? 🙂

    183. velofello says:

      I recommend a detailed read of what scav writes above. Nails it well.Money is the interim holding position for the negotiation and barter of goods. Resources are the real wealth.

      I really had wished for Osborne to be told to piss of with his £sterling threat during the Indyref.

      “What’s your collateral pal against your £1.5 trillion debt?”. Tourism, pageantry fiction, arms sales, and casino banking., Eh, that’s all? And Scotland? Well OK.

    184. Robert Peffers says:

      @:Nana Smith says: 15 April, 2015 at 6:52 pm:

      http://atrueindependentscotland.com/lord-bell-nicola-sturgeon-is-ghastly-goodbye-scotland/

      Aye! Nana Smith and note the last thing the numptie said in the clip. What he says, about the Barnett Formula tells anyone, who actually knows what the purpose of the Barnett Formula is, that he doesn’t know. That exposes him as a total idiot.

      I have every respect for another person’s views, (and their right to hold their views if they don’t agree with my own views), provided they know what they are talking about and can argue the points.

      That idiot has no idea but makes hearsay claims just the same. I do not suffer fools gladly.

    185. Cadogan Enright says:

      @Patrick Roden 7.36
      While a lot of what you say makes total sense, I don’t know if you have ever heard the ‘old bull / young bull’ sexist old blokes tale.

      This is a case in point.

      I suggest we let Nicola and the extraordinarily able leadership team at the SNP stroll down the hill at their own pace and pretty soon the Unionists will be totally shagged.

      The last thing we need is for pressure groups to spring up internally trying to double-guess the leadership, they are closest to the action and can judge best the path to freedom.

    186. Lollysmum says:

      Cadogan-I agree with you.

      SNP have been working to a strategy & will continue to do so knowing that Scotland is behind them watching their backs. Look at the furore that kicked off with the French ambassador’s report to the Scottish Office which decided to amend it. Such a spirited defence of a politician would never have been attempted in England.

      Scotland is very different & it doesn’t need factions forming within SNP creating problems that they don’t need-that is Labour’s historical practice- internal splits losing them the confidence of the electorate.

    187. StevieMcB says:

      OT The Yanks are getting the story.
      https://archive.today/ZIrV8

    188. Robert Peffers says:

      @Cadogan Enright says: 15 April, 2015 at 9:29 pm:

      “The last thing we need is for pressure groups to spring up internally trying to double-guess the leadership, they are closest to the action and can judge best the path to freedom.”

      Let’s face it the leadership have called it right so far. Tell you what – there isn’t a chance in this World I’m ever going to chance playing poker with any of them.

      What’s more I know that Nicola is by no means the only solid gold leadership talent in the team. I heard all the claims when Alex was the leader that the SNP were a one man band. I had watched several performances by, in particular, Nicola and Stewart Hosie and knew there were quite a few who never put a foot wrong.

    189. Robert Peffers says:

      I’m still laughing at Clegg’s performance. He thinks it a choice between Nigel Farage, Alex Salmond or Nick Clegg as the coalition leader. Bloody idiot hasn’t yet realised that neither he, Alex Salmond or Nigel Farage are anything other than candidates for Westminster but Salmond is at least still an MSP backbencher.

      In effect Salmond is the only one of the three actually holding office. Nicola cannot hold any part of a Westminster coalition as not even a candidate and even if Salmond get elected he is not the leader of the Westminster SNP group.

    190. Juan P says:

      @rock

      Lawyers – the lowest of the low (with a very small number of notable exceptions).

      You do realise that the First Minister was a lawyer as was Winnie Ewing, and Willie Macrae?

      Add to that list Human rights lawyers, lawyers that work for public bodies, lawyers that work for charities etc and I’m struggling to see how you justify describing those people as ‘the lowest of the low’.

    191. Michael McCabe says:

      Is Jim Murphy two faced ? Of course he is, with a bit of Schizophrenia thrown in for good measure. He sure likes to shout over people. When things don’t go his way he tends to disappear. So from now on I am going to call him Heckle & Hide.

    192. sensibledave says:

      er, just in defence of Mr Peston – He was asked a question about a report by Deutsche Bank quoted in The Daily Telegraph. To paraphrase, he said, that what the telegraph was saying, … is that in a worst case scenario then the markets might (Could, maybe,) react to a change of policy and austerity being stopped etc – then interest rates could (might might not) go up as a result. He didn’t say that was his view of what will happen.

      By all means disagree with and argue why that scenario would not play out – but “shooting the messenger”, so to speak, is silly.

    193. Rock says:

      Juan P says:
      15 April, 2015 at 11:45 pm

      “You do realise that the First Minister was a lawyer as was Winnie Ewing, and Willie Macrae?”

      Those are some of the very few notable examples.

      But do find out how much those ‘human rights’ lawyers and bosses of charities like Oxfam trouser.

      They are the biggest part of the problem with society which has hundreds of thousands of children living in poverty.



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