For Bob Hove: Read it again. We said …

Comment posted Contact Us by newsroom.

For Bob Hove: Read it again. We said nothing nor do we feel anything at all derogatory about the crew or the ship – each of which we support and admire (although we except the MoD’s procurement processes from our admiration and support).

This article is about the political machinations that, unless we are very lucky, will lead us into an unnecessary and manufactured war with Iran.

Recent comments by newsroom

  • Indy, the banks and the Scottish economy
    About 20 months ago, Alastair Darling who was Chancellor at the time of the major period of meltdown in the financial sector in the Autumn of 2008 gave this first hand insight on his experience of the recapitalisation of RBS: ‘All I can tell you is that, on the night of 7 [October] 2008, no one at all anywhere in the world rushed to chip in to bail out RBS, despite the fact that it had a very large trading arm in the United States and many of the losses that it made were there.
    ‘Obviously the US Fed was immensely helpful in terms of liquidity support and tiding over;it kept RBS going for a whole afternoon when it got into trouble on that Tuesday.
    ‘When it came to recapitalisation, though — I think that the recapitalisation figure is about 30 percent of Scottish GDP — there was no one queuing up to do it. As Mervyn King said, these banks are global in life but national in death.’
  • Indy, the banks and the Scottish economy
    Banking is one of those very many things where size matters.
    And in parochialism, size matters too in determining degree.
    America can be and is ‘parochial’ in many ways but within its own borders its scale and diversity is vast in every way.
  • Indy, the banks and the Scottish economy
    This highlights the reality that trying to identify aspects of other societies that interest and attract some of us as potential models for Scotland can only fail.
    It’s not about the ideas and the strategies. It’s about the societal and fiscal contexts in which they would be put to work – with the context of every society developing over long periods of time and not susceptible, as you say, to sudden philosophical, political and operational changes of direction.
  • Indy, the banks and the Scottish economy
    Apart from your usual willful failure, in your own partisan interests, to address the complex realities of this situation and instead to throw up misdirecting smokescreening, from what you say here you will obviously see the inevitable post-indy departure of the RBS HQ as good riddance.
    That is hardly the stance of the ‘side’ for which you perpetually campaign.
    We have sympathy with your distaste for bankers and ‘the club’ but, like bacteria, they and their banks are necessary to the uninterrupted running of our national financial system.
  • Indy, the banks and the Scottish economy
    If you read the argument, we have said that the consequence of an independent Scotland that could only cover threatened Scottish assets of an RBS headquartered in Scotland [which is all that it would be required to do] would lead to one of two undesirable outcomes.
    It could produce an RBS still headquartered here but that could operate with assured stability only within a Scottish market; and therefore became a parochial rather than an international bank.
    It could produce an RBS with no interest in major downscaling of its activities and that would protect its preferred scale of operation by migrating its HQ south across the border.
    For a country without a Central Bank and therefore with no lender of last resort, there is no third way here.
    Both of these outcomes would have negative impacts on Scotland and neither could be positive.

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9 Responses to For Bob Hove: Read it again. We said …

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  4. Hi Chaps re dispatch of HMS Daring to the Iranian Gulf…unless I mis-read it, found your report on this subject highly offensive and an insult to the brave women and men who are prepared to risk life and limb on our behalf.

    Daring was built in Scotland and is based in my home town Portsmouth.

    Just thought I had to say something about this

    Bob, Hove

    Like or Dislike: Thumb up 1 Thumb down 0

    • For Bob Hove: Read it again. We said nothing nor do we feel anything at all derogatory about the crew or the ship – each of which we support and admire (although we except the MoD’s procurement processes from our admiration and support).

      This article is about the political machinations that, unless we are very lucky, will lead us into an unnecessary and manufactured war with Iran.

      Like or Dislike: Thumb up 2 Thumb down 0

  5. I just wanted to express my sadness at hearing that Margaret Annfield, Co-ordinator of the North Argyll Car Scheme had passed away.

    This lady helped make my life as a long distance carer much easier and my mum would not have been able to attend hospital and doctor’s appointments without this invaluable service. Sadly residents living in rural parts of Argyll often find themselves severely disadvantaged because of their location. The North Argyll Car Scheme has helped to go some way to remedy this.

    My mum and I will always be grateful to Margaret for setting up this invaluable service – as we are to the many selfless volunteers who continue to keep it running today.

    Like or Dislike: Thumb up 0 Thumb down 0

  6. Your servers need looking at.

    Response times are becoming very slow from any of the fibre optic connections I use in West London.

    Like or Dislike: Thumb up 0 Thumb down 0

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