Daily Archives: September 7, 2014

Such a Parcel of Rogues in a Nation: First RBS, now Gordon Brown

By William K. Black

I just wrote a column noting that the business interests trying to panic the Scots against voting to restore their independence were so clueless that they were citing RBS – the bank that epitomized the fraud epidemics that drove the UK economic collapse.  As I have explained in prior columns, the City of London “won” the race to the bottom with Wall Street and became the most shameful and destructive fraud vector in the world.

In the day since I wrote my column three developments reflect the increasing desperation.  First, a poll showed (for the first time) the “yes” campaign with a small lead.  Second, the UK began to try to entice, rather than threaten, Scotland with vague promises of increased autonomy should the Scots vote against independence.  Third, the “no” campaign has wheeled out Gordon Brown to write a column in the New York Times opposing independence.

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Unintentional Self-Parody: The Failed Banks Warn Scotland Against Independence

By William K. Black

I do not know whether the Scots should vote for independence.  I assume that the odds are they will vote against it.  I do know that the reasons advanced for voting against independence by business interest are false.  Indeed, the opposite of what they claim is far more likely to be true.  What I find a joy to behold, however, is the suggestion by the banksters that the Scots should get their economic advice about independence from a group of failed and often fraudulent parasites and that they should avoid any action that creates “uncertainty” or would cause them to act as a Nation rather than a U.K. province.  There is a serious effort to make independence from the Brits sound like the path of economic madness.

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