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.