Young girl wearing Norwegian national costume. Photographed in Asker, Akershus, Norway. Posted to Flickr as siri 9. Author Elin
Norway's sovereign wealth fund is Europe's biggest equity investor.
Norway has saved $430 billion for the future.
Norway has invested heavily in infrastructure.
The Falklanders could be very rich, if they are allowed to keep the oil revenues. (Falklands could benefit from own oil)
Finland is even richer than Norway and it does not have oil.
Finland produces mega-liners and modern technology.
Both Norway and Finland are small independent countries.
The Labour Party is the party of the rich oligarchs. Image from: 2012 Olympic Games +++Updated+++
Scotland should be as rich as Norway and Finland, but it is not.
Scotland still has vast oil wealth; Scotland has about 25% of Europe's renewable energy resources; Scotland has a history of producing great inventions.
Scotland is poor, because many of its people vote for the Labour party, the party of war and poverty.
Labour failed to control the corrupt bankers.
Labour has wasted billions on wars.
Labour wants to waste £100 billion on a replacement for Trident.
Labour takes Scotland's wealth and spends it in the South East of England on motorways, railways, the underground, airports and other projects.
In January 2010, a report by the UK government's National Equality Panel pointed out that the gulf between rich and poor in the UK has grown wider under the Labour Party than at any time since the Second World War.
The report says that inequality in Britain is among the worst in the developed world, with the highest rate of poverty in western Europe.
On average, children born in the poorest areas will die 13 years before those in the richest.
The richest 10 per cent of families have assets worth an average £853,000 - almost 100 times the £8,800 average wealth of the poorest 10 per cent. (Gulf between rich and poor grown under Labour and now widest since WWII - Daily Mail )
Margaret Thatcher was kept afloat by Scotland's oil.
James Callaghan was saved by Scotland's oil.
Tony Blair and Gordon Brown have survived thanks to Scotland's oil.
Who benefits from Scotland's oil? Not the people of the Calton area of Glasgow where the average life expectancy of a male is just 53.9 years. This is lower than in most Third World countries. (In Iraq, life expectancy is 67. Minutes from Glasgow city centre ...)
In the European elections of 2009, Labour got only 21% of the vote in Scotland.
But since then, the Scottish media, controlled one suspects by the London spooks, have produced a deluge of dishonest stories attacking the Scottish National Party.
The vote for Labour has increased.
Scotland gets less public spending per head than London and many other regions of England.
Tax revenues from Scotland more or less match the country's public spending, if all North Sea oil and gas revenues are taken into account. (Research, published by the Glasgow Herald, based on Treasury figures in Whitehall, an analysis by consultants Oxford Economics and the newspaper's own calculations.)
Something called the GERS report "demonstrates that Scotland recorded a current budget surplus over the three years to 2007/08 of £2.3 billion, while the UK ran up a deficit of £24 billion over the same period." (Falklands could benefit from own oil)
subrosa-blonde.blogspot/ reminds us that Scotland's Oil Isn't Running Out
Servers at the Tilted Kilt. http://www.flickr.com/photos/27045606@N06/2711662696/
Author Andorra Photography
UK civil servants calculated that North Sea oil could boost incomes in an independent Scotland by up to 30%.
This is according to government records made public, 0n 28 September 2009, at the National Archives of Scotland in Edinburgh.
Oil ownership would boost income by 30% / Documents reveal that oil could mean an independent Scotland
The Scottish National Party's Brian Adam commented: "Scotland’s oil industry has a bright future with an estimated 30 billion barrels of oil still to be extracted, new technology developing and a central role in the global oil industry.
"There is as much oil left in the North Sea as has been taken out of it – and much more than half of the revenues.
"Scotland’s oil industry has a positive future.
"With the UK making £250 billion of revenue from North Sea oil over the last 30 years in real terms, it is now time to ensure that future revenues are invested properly for Scotland’s future."
OIL OWNERSHIP WOULD BOOST INCOME BY 30%
Labour has ensured that Scotland is poor.
Ramsay MacDonald (1866 – 1937) was the typical Scottish Labour politician.
Macdonald married Margaret Gladstone, a lady of wealth.
With Ramsay MacDonald's first government there was little in the way of 'change'.
The government supported bosses against their workers.
One of the government's first acts was to use of troops against an engine drivers' strike.
WHO MIGHT HAVE RECRUITED TONY BLAIR INTO THE SECURITY SERVICES.
BLAIR AT THE IRAQ INQUIRY
GORGON'S MESSAGE FROM THE CIA
VOTE LABOUR FOR WAR AND POVERTY
VOTE FRAUD IN UK BY-ELECTION IN GLASGOW NORTH EAST...
Hewitt, Cocaine, Halliburton, Enron