Readers of a romantic bent, perhaps Scots or descendants of Scots, may think that it would be cool for Scotland to vote for independence from the United Kingdom next Thursday.
The Great Debate
Scotland will soon be suffering from a monumental hangover. There will be a lot of hurt heads, a lot of tears and, without a doubt, an immense amount of anger that will last who knows how long — weeks, months, maybe even years — if Alex Salmond’s dream of independence comes true.
from John Lloyd:
The collapse of empires has been regarded as a good thing for at least a century, much strengthened by U.S. president Woodrow Wilson’s efforts at the Versailles Peace Conference after World War One, where he sought to inscribe into international practice and law the right of all peoples to achieve a national state.
from John Lloyd:
Could Prince Charles finally get his crown? And if he does, could it mean the end of the United Kingdom?
My immediate and lasting memory of Mrs. Thatcher — Maggie as we called her — is sitting next to her in the late sixties at a dinner table as she scorched a bunch of City of London financial types. I was astonished. She wasn’t yet the Iron Lady. She wasn’t in government. Labour was in power. She was an obscure back bench Conservative MP, elected only in 1959, noticed in those sexist days (has much changed?) as much for her hats and aggressive hair style as for her passionate defence of grammar schools under threat of closure from Labour.
It was the Welsh sage Alan Watkins who remarked that a budget that looked good the day it was delivered to the British Parliament was sure to look terrible a week later, and vice versa. The avalanche of new information dumped by the Treasury is simply too much to grasp at a single sitting, and governments tend to bury bad news in a welter of statistics. And so it proved with finance minister George Osborne’s budget served up last week.
Like Archbishop Thomas Cranmer before he was burned at the stake for heresy, the U.S. Commodity Futures Trading Commission (CFTC) seems about to make a dramatic recantation.