Scotland's Odious Debt


Scotland's Odious Debt
09-13-14
mpg

Scotland: ‘We’re Bought and Sold for English Gold’
A quote...."Ach, the Sassenachs (English) be greet’in and gurn’in (moaning, groaning, wailing) most mightily.” - Every so often, the Scots like to rise up and give the Sassenachs a big scare. Next week, they are threatening to break their union with England and Wales which has been in effect since 1707. The United Kingdom may be no more. - Good for those rambunctious Scots! If Scotland goes independent, Britain will be left a shadow of its former shrunken self, deprived of oil, imperial pretensions, and much of its arrogance. Egad, the hated French will be stronger than England."
By the way the author in the above article mentions that.....
"Its share of Britain’s bloated debt is an estimated 143 billion pounds."
Totally not true. -- Scotland's share is only of the legitimate part of that debt. 

The Scottish people owe absolutely nothing for any of the debt caused by the Bankster bail-outs, the imposition of an illegal security state, or for all the illegal wars of aggression that the British government participated in.

This is known as repudiation of "odious debt".  Debt that was imposed by lies, false promises, false evidence and false contracts. No one, no government, Bankster consortium, institution,  peoples or other entities should be rewarded for lying, bearing false witness, fabricating  evidence, or crimes against humanity.  That part of the debt attributable to such activities (probably all of it) is NOT owed by the Scottish people!! - mpg - To quote....
"When a despotic regime contracts a debt, not for the needs or in the interests of the state, but rather to strengthen itself, to suppress a popular insurrection, etc, this debt is odious for the people of the entire state."

"This debt does not bind the nation; it is a debt of the regime, a personal debt contracted by the ruler, and consequently it falls with the demise of the regime. The reason why these odious debts cannot attach to the territory of the state is that they do not fulfill one of the conditions determining the lawfulness of State debts, namely that State debts must be incurred, and the proceeds used, for the needs and in the interests of the State."

"Odious debts, contracted and utilized for purposes which, to the lenders' knowledge, are contrary to the needs and the interests of the nation, are not binding on the nation – when it succeeds in overthrowing the government that contracted them – unless the debt is within the limits of real advantages that these debts might have afforded. The lenders have committed a hostile act against the people, they cannot expect a nation which has freed itself of a despotic regime to assume these odious debts, which are the personal debts of the ruler" -- *Wikipedia - Odious Debt*