Tuesday 19 February 2008

Northern Rock- who will really pay?

With the whole fiasco over the last couple of days, this English patriot is left asking- "who will really pay?"

Our (Scottish) Chancellor has been accused of incompetence, with the "taxpayer" currently subsidising the bank in loans and guarantees to other lenders to the tune of about £55bn. Apparently this will rise to £110bn, an equivalent of £3,500 per taxpayer.

Meanwhile our (Scottish) Prime Minister hasn't sacked Darling, nor will Darling resign. Neither are accountable to a single English voter- and yet- were Scotland to leave the UK in the next couple of years, what would Brown, Darling and Salmond decide would happen to this incredible burden?

Brown: What about the North Sea Oil?
Salmond: Scotland will have that.
All: Agreed.
Brown: What about this massive national debt?
Salmond: England can keep that!
All: Agreed!

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