Scottish Independence Referendum: The Complete Summary

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Scottish Independence Referendum: The Complete Summary (ZeroHedge, Sep 8, 2014):

For those just catching up on the main news event of the weekend, namely the sudden surge in Scotland “Yes” vote polling surpassing 50% for the first time, here is a complete round up of the background, updates and expert reactions from RanSquawk, Bloomberg and AFP.

ANALYSIS: THE CASE OF SCOTTISH INDEPENDENCE

  • Recent polling shows the ‘Yes’ campaign overtaking the unionists for the first time, just 10 days ahead of the final vote on September 18th
  • Independent Scotland runs the risk of limited currency options and fiscal uncertainty
  • UK debt ratings hang in the balance as worst-case scenario sees Westminster shouldering an estimated extra GBP 140bln in former Scottish debt

BACKGROUND

The “No” party – the unionists – are led by Alistair Darling, former Chancellor of the Exchequer, previously held a lead over the nationalists but this has reversed in the most recent polling, with the ‘No’ vote holding 49%.

The “Yes” party – the nationalists – are led by Alex Salmond, Scotland’s First Minister, and harbour hopes of swinging the referendum in their favour as latest polls suggest they have been overtaken the ‘No’ camp by 2ppts.

Serious doubts remain over the future of Scotland’s currency if the nationalists win. Salmond has repeatedly stated his intention of keeping the GBP, but all 3 main UK parties have made clear they would not be willing to share their currency and central bank with a foreign state. Also, a potential use of the GBP without a currency union would not be compatible with EU membership, as the EC requires member states to have a monetary authority of their own.

HOW WILL THE MARKET REACT?

No” Victory – Given the somewhat complacent attitude market participants have had towards the vote indicates that the upside in riskier assets is limited in case the unionists win the referendum with a large majority. Nevertheless, expect to see some tightening in spreads of the shorter-dated implied volatilities which have widened heading into the risk event.

However, a close vote could lead to a second referendum in 5-10 years and as such, changes to UK regional governance would take place as a result of more devolution, with additional powers going to Scotland such as more autonomy over taxation. In turn, business leaders, including the head of Standard Life and RBS, will have to decide as to whether to relocate their headquarters to the UK or stay in Scotland depending on what type of policies Scotland decides to pursue with its additional powers.

Yes” Victory – Great uncertainty revolves around an independent Scotland, specifically due to the lack of clarity over the potential new fiscal arrangements such as interest rates, taxation, investor protection, financial stability and monetary policy.

FX REACTION

There is a considerable downside asymmetry between potential gains from a resounding victory for the “No” party and a close vote or surprise victory for the “Yes” party. If polls continue to suggest a narrowing of the unionists’ lead, markets should become more sensitive. GBP should weaken in the run-up to the vote and fall sharply if Scotland vote for independence. More specifically, analysts at Societe Generale expect that on the actual date of the referendum, a Scottish “Yes” vote would trigger an immediate fall in GBP, between 3 – 5%.

The question of whether a go-it-alone Scotland will be able to keep the GBP in partnership with the remaining parts of the U.K. has dominated the independence debate with all the major parties in London saying they would oppose it. Scottish First Minister Alex Salmond has argued they would change their view once negotiations began after a Yes vote and has said Scotland would refuse to pay its share of the U.K. national debt (some see this as high as GBP 140bln) if they didn’t give in.

EQUITIES

Scottish equities should suffer, with the effect on UK stocks expected to be mixed. Analysts at Barclays believe a “Yes” vote would have a minor negative impact on the UK stock market. However, they say independence would pose significant difficulties to both economies and hit several London-listed companies such as BG Group, RBS, Lloyds, Diageo and BAE Systems. The adverse impact would come through considerable uncertainty over the scale of potential currency fluctuations, the increased risk premium associated with a new, independent currency, and the limited belief in a Scottish central bank’s ability to act as a lender of last resort. Conversely, airline stocks such as easyJet, Ryanair and IAG should benefit as the “Yes” party have already committed to slashing Passenger Duty and possibly eliminating it altogether.

* * *

Media take, via AFP:

Supporters of the United Kingdom began a fightback on Monday to stop Scotland voting for independence in next week’s referendum after an opinion poll put the separatists ahead for the first time. The shock survey put the “Yes” campaign two points ahead after months of a strong lead by unionists, causing the pound to slump to a 10-month low on fears that a break-up of the 300-year-old union was now a real possibility.

The leader of the Better Together campaign, Alistair Darling, insisted that other polls put the unionist campaign ahead but admitted it was “clearly very tight” ahead of the September 18 vote.

“We’re in the position now where every voter in Scotland could potentially tip the balance in this referendum. But I am confident that we will win,” the former finance minister told BBC radio.

‘Ten days to save UK’

This weekend’s poll has shaken up a campaign that until just a few weeks ago looked almost certain to end in defeat for the independence campaign. The YouGov poll in The Sunday Times newspaper gave the “Yes” camp 51 percent support compared to the “No” camp’s 49 percent, excluding undecided voters. Six percent said they had not made up their minds. The two-point gap is still within the margin of error but Peter Kellner, the president of the YouGov pollsters which carried out the survey, said it was a major development.

“The ‘Yes’ campaign has not just invaded ‘No’ territory; it has launched a blitzkrieg,” he wrote in a blog posting.

The poll finding was front-page news on British newspapers on Monday, with many running the same headline: “Ten days to save the union.”

Queen ‘horrified’ by break-up

The poll has increased the pressure on British Prime Minister David Cameron, who agreed to a referendum but has been accused of failing to fight hard enough to keep Scotland in the UK.

Media reports suggest that some lawmakers in his Conservative party are discussing whether to call a vote of no confidence in the premier in the event of a “Yes” vote.

However, Cameron has insisted he has no intention of resigning and will lead the Tories into the next British general election in May next year.

Cameron spent the weekend with Queen Elizabeth II at her Scottish summer retreat in Balmoral, where the referendum is likely to have been a topic of discussion.

Officially the monarch has remained neutral, although some newspapers quoted royal sources as saying she is “horrified” at the prospect of a break-up of the UK.

* * *

Market Reaction

  • Sterling drops most in 14 months vs USD to hit 1.6103, lowest since Nov. 2013
  • European traders say no strong bids seen until 1.6000
  • GBP/USD 1-mo volatility jumps most since Oct. 2008 to 13-mo high
  • U.K. money markets pricing delay to BOE rate hike; with first full 25bps of tightening priced in July 2015 vs April 2015 on Friday
  • Spike in GBP front-end rates stop out of short positions
  • RBS and Lloyds shares extend decline; Z-spreads widen; both banks lend most to Scotland

Politics

  • Sept. 8 – U.K. Govt Not Making Contingency Plan for Scottish Independence
  • Sept. 8 – Former Chancellor Darling says confident ‘No’ campaign will win at Scots referendum
  • Sept. 7 – Queen Elizabeth has “great deal of concern” about possible Scottish independence, Sunday Times reports
  • Sept. 7 – U.K. Chancellor Osborne says says “there will not be a currency union”
  • U.K. has action plan to give more power to Scotland
  • Sept. 6 – Coalition policies help scots independence campaign, Brown Says
  • Sept. 6 – Scottish independence backed by 51% in YouGov poll, Sunday Times reports
  • Sept. 6 – A Panelbase poll shows the independence campaign still need to overcome a four-point deficit to triumph
  • Sept. 6 – Cameron warns Scotland will be more vulnerable to terrorist attacks if it votes for independence
  • Aug. 13 – BOE Governor Carney says Scottish independence could cause financial stability issues and BOE has contingency plans in place to address them during any potential transition

BBG Traders’ Notes from Richard Breslow

  • For all the huge movement in cable overnight, ranges elsewhere surprisingly small, if you read the headlines on flight to safety, haven buying, bonds up, not huge, stocks down, not huge; apart from the obvious pain points in currencies
  • EUR/GBP 0.7900 we pointed out last Thursday as a huge chart level which we have now gapped well above, that’s become the big kahuna to trade against, I don’t think anyone knows what to do with this, what the polls really mean at the end; will certainly remain on top of market attention list over next 10 days or so

Research Roundup:

JPMorgan (fx strategists incl. John Normand)

  • Between more ECB easing, tightening of Scottish referendum polls and rise in U.S. 2-yr rates, FX turnover spiked from depressed to almost normal level
  • Trades remain highly tactical; take profits on long USD vs JPY, GBP and SEK; stay short EUR/USD and add limited euro-funded carry (EUR/BRL) and sell GBP/AUD
  • GBP isn’t bearish at least vs EUR if Scotland votes no; prefer short on crosses like EUR and add to shorts vs AUD as polls on Scotland referendum tighten; bearish 1.63  GBP/USD one-touch triggered

Credit Suisse (strategists incl. Ric Deverell)

  • EUR/USD downside likely limited near term in absence of more  clarity on potential for broad-based QE from ECB; 3-mo forecast at 1.29
  • Continued improvement in U.S. data and increasingly dovish ECB to drive bullish stance on USD
  • Prefer shorting EUR/EM crosses such as EUR/ZAR, EUR/TRY, EUR/BRL and EUR/MXN
  • Among U.K. data this week, expect July industrial production to grow 0.1% m/m vs 0.3% m/m in June, below consensus of 0.2%
  • GBP may continue to come under pressure in near term; EUR/GBP to be biased lower

Citigroup (strategists incl. Steven Englander)

  • Advanced retail sales most important U.S. data this wk; a strong print will continue to weigh on bonds
  • NFIB small business survey potentially important; continued increases in 3-mo forward hiring trends will reinforce fears of inflation and higher U.S. rates
  • Small risk from Fed speakers Plosser and Tarullo
  • GBP may be supported if U.K. July industrial/manufacturing production shows economic activity expansion at start of 3Q even as concerns about Scottish referendum may weigh
  • BOJ’s Kuroda not expected to give hints of additional easing
  • Disappointment in Machinery orders would probably make markets factor the possibility of further BOJ action
  • Australian employment report could prove a major factor in setting the tone for AUD; bigger shock would be on the strength
  • Like short EUR/AUD into the release

Morgan Stanley (team incl. Hans Redeker)

  • GBP/USD may fall to 1.46 in 12 months if event of Yes vote at Scottish referendum; cuts GBP/USD end-4Q forecast to 1.65 vs 1.73 prev, citing moderation in BOE rate hike expectations and cooling off in pace of U.K. recovery
  • As monetary conditions normalize, traditional relationships between currencies and oil prices could return; may pressure NOK, COP, RUB and CAD
  • NOK decline looks set to accelerate as economic support from high oil prices and oil sector investment falters
  • Add AUD/NZD longs; weakening fundamentals, both domestically and internationally, now appear to work against the NZD; short vs AUD to reduce carry costs in current environment
  • Dovish ECB policy does little to support EMFX; U.S. funding costs being of greater importance to the asset class
  • Some exception found in EUR/CEE, though Russia/Ukraine tensions may weigh on CEE performance
  • Await rebound in EUR/USD to re-enter bearish strategies given likely near-term constraints from extreme short positioning; forecast 1.20 in 2015

BNP Paribas (Michael Sneyd)

  • Data and yields to continue supporting a strong USD
  • Remain long USD/JPY from 103.20, with stop trailed to 104
  • Enter short AUD/USD at 0.9345, target 0.9050, stop at 0.9510; AUD strength vulnerable from both extended positioning and relative fundamentals
  • Norwegian CPI, quarterly regional network report have scope to support NOK ahead of Sept. 18 Norges Bank meeting; elevated long NOK positioning is a limiting factor

What To Watch

  • Sterling may drop further ahead of Sept. 18 Scottish referendum, analysts say; see research roundup
  • Market Should Price 50% Chance Scotland Says Yes: Deutsche Bank
  • CEBR says an independent Scotland would begin with a budget deficit of at least 6.4% to GDP
  • Scotland independence may halt work on renewable power projects that support GBP14b of investment and 12,000 jobs
  • BOE Governor Carney due to speak at trade union congress in Liverpool tomorrow and will testify on Inflation Report the day after

Source: RanSquawk, Bloomberg, AFP

2 thoughts on “Scottish Independence Referendum: The Complete Summary

  1. It Is Not Yes Or No ; It Is DoN’t You Go :
    GOING TO THE “RAVE-RANDOM” MEANS TURNING BRITAIN INTO ANOTHER SYRIA OR ANOTHER UKRAINE

    FELLOW CLEVER SCOTTISH, STAY AT HOME OR AT WORK OR AT CLUB, AND SAVE YOUR CHILDREN FROM BEING MASS SLAUGHTERED IN FOOTBALL STADIUMS, AND MASS CREMATED IN MARKET MALLS, IN THE VERY NEAR FUTURE AT THE BLOODY ASHY HANDS OF THE ULTRA-DIRTY GEUUISH QABBAALISTS. It Doesn’t Differ For Those Chaos-Organizing Gangsters That You Follow “The Babysitter-Babykiller” Or You Follow “The Whitehair Vibrator”,who are two under-the-table comrades of the same conspiring secret mob. All They Want Tomorrow Is A Big Turn-Out And A Preliminary Shape Of A Selves-Destroying Bi-Revolution In The Making. You nead some confessions? O.K., Read “Brave New World” and watch “I Pet Goat” to understand more what Super-Widescale Mayhem are those Super-Awful Xeonists Are Dragging the World into.

    We previously have indeed sincerely Warned : the Nigerians; the Egyptians; the Syrians; the Iraqis; the Yamanis; the Libyans; the Ukrainians; the Brazilians; the Americans; and other World Peoples also. Had they all been able to Listen to and to Comprehend our sincere Warnings, and hence act accordingly and evadingly towards what they have been Warned of, then what have occurred in reality to these secretly targeted Earthian Peoples’ of Severe Losses and Sufferings, during the past Four Ultra-Desolation Years, couldn’t have become imaginable to happen at all. Much more than during 2010 and before, it has now become very obvious to the World that those krypto-Gangsters who were ordered to thinklessly and hysterically snarl “Konzpiracy Theoree ; Konzpiracy Theoree”, upon a lot of the times they are faced at with trustful witnesses and unbeatable evidences on their High Treason towards the Societies they dwell in, are in fact “Realtime Konzpirators ; Realplace Konzpirators”. Their received anti-Order Order-issues, of sabotaging their own address-countries and attacking their extra-Gangsters compatriots, come from the chief manipulators of the New World Dis-Order.

    Their pseudo-International krypto-Organization is run by the Diablo-Okkultist Leaders, who consider themselves as Secretaries of Satam and exult in turning Satam’s super-Nefarious Orders, which include even the mass-killing of Children and Infants and even Newborns, just to satisfy his Evilness and concede his Predominance and designate his Worshipability, according to that over-wacky Diablo-Okkult. Like what we can read in their Xeony 1st “Bruto-Goal”, they are performing all their adhered-to Genocide and Destruction, with a ritual lethal mixture of “Our Means-Countersign of Vehemence and Deceit. Only Force conquers in Political Affairs, especially if it be Concealed in the Talents Essential to Statesmen. Violence must be the Principle, and Cunning and Make-Believe the Rule”.

    With a continuous unfading kindnessless battery of Violence and Deceit, they proceed with their Expelling-the-Others Masterplan by starting baseless needless crises, and then baseless needless clashes and then baseless needless battles between any two or more of the other Joyeem Groups, that they are itching and rashing to Get Rid of. That Is Why, those Satamo-Geuuz always work hard to over-separate and to poison the shared waters between any Joyeem Nation and the Other. Like what we can read in their Xeony 5th “Bruto-Goal”, they are engineering all their adhered-to Genocide and Destruction, with an ancient practice of “ Set One against Another: the Personal and National reckonings of the ‘Differents’; Religious and Race Hatreds, which We have Fostered into a Huge Growth in the Course of the Past Twenty Centuries. ”. – Accordingly, the BEST THING THAT YOU CAN DO IS NOT TO GO TO THE SHAM VOTING, IS NOT TO TAKE PART IN THE XEONY-FABRICATED DEMONSTRATION OF DECLARING UNERGENT DIFFERENCES OVER YES OR NO.

    By especially concentrating their Genocide and Destruction at their peaks during their Invented krypto-Collaborated Wars, on the shocking levels and as accumulated as what had happened all over the Whole Twentieth Century, those Schizophrenic Pagano-Geuuz have managed to run away with 100s of millions of acute crimes without being justice-punished. As a hardly broken rule, they always put and distribute themselves in the leading; directing; manipulating; spying; brainwashing chairs during those plot-and-ploy Wars, and always hide and stay away from the Combat and Detonation Scenes that are set up and left for Others to Get Mass-Murdered; Mass-Injured; Mass-Tortured; Mass-Sickened; and Mass-Impoverished. They did that to 100s of Millions of Peoples in All the Famous Wars of the 20th Century, Including WW1 and WW2. As a shocking example for your knowledge: Adolf Schicklgruber and Benito Mussolini Were Never At War, In Person, With Winston Churchill and Franklin Roosevelt and Josef Stalin, and the Five of Them Were Actually Secret Members of the Same Single Satamo-Geuuish Krypto-Organization. The Chief Sort of Tasks that they were Assigned to Do on behalf of that Diablo-Xeony Krypto-Organization was to Push the Differents or the Other Nations into Annihilating Each Other and into Suffering the Rest Horrors of Intense War.

    Now-a-days while those Ethicsless Globo-Xeonists are putting the final touches for Pushing the World Peoples into a Similarly Krypto-Directed WW3 Annihilation and Demolition, they are first Inviting the Tricked Global Peoples to Tumourize and Malignantize their Opinion-Variations with the over-repeated use of their Death-Voltage Combined Battery of the Sham Democratic Media and the Actually Oligarchic Voting. For Britain of ”Post-Rave-Random” the Xeony Global Gang intend to Start their usual pre-prepared Wave of Clashes-plus-Sabotage-plus-Terrorism, Just Like what they have already commited in : Pakistan; India; Central Africa; Venezuela; Chile; Brazil; Greece, Italy; France; Iran; Tunisia; Egypt; Syria; Iraq; al-Yaman; Libya; Turkey; America; and Ukraine, right after the so-called ‘votings’ that they have held in each of those markedly unfortunate countries.

    And if anybody wants to be sure that those Ultra-Brutal Pagano-Geuuz really intend that in Britain ( and especially after their krypto-Organized 7-7-7; 10-11-10; 9-12-10 ‘rehearsals’ ), read in their Xeony 7th “Bruto-Goal” that “ We must compel the Directorships of the ‘Differents’ to take action in the direction favored by our widely conceived plan, already approaching the desired consummation, by what we shall represent as public opinion, secretly promoted by us through the means of that so-called “Great Power” – THE PRESS, WHICH, WITH A FEW EXCEPTIONS THAT MAY BE DISREGARDED, IS ALREADY ENTIRELY IN OUR HANDS.”. – With that effectively deceitful Media Super-Tool, they try to convince the public that Super-Terrorism is not theirs. But yet, they make some ‘confessing’ mistakes in their cunning tasks, like the hardly tricky one of making their pseudo-Islamicized Assassination Squad, who evidently on T.V. Do Not Know where is the right Moslems Prayer Direction, which the Xeony Chiefs have termed I.S.I.S. ( which stands of-course for ”I Satam I Satam” ) appear like slaughtering a Geuuish Scottish man right before the Scottish “Rave-Random” – And What a Bollywoodish Coincidence ! – with the aim of intensifying the Tricked Public ‘Turnout’ for as much as possible.

    And read in their Xeony 9th “Bruto-Goal” that “ For us there are not checks to limit the range of our activity. Our Super-Government subsists in extra-legal conditions which are described in the accepted terminology by the energetic and forcible word – Dictatorship. I am in a position to tell you with a clear conscience that at the proper time we, the law-givers, shall execute judgment and sentence, we shall slay and we shall spare, we, as head of all our troops, are mounted on the steed of the leader. We rule by force of will, because in our hands are the fragments of a once powerful party, now vanquished by us. AND THE WEAPONS IN OUR HANDS ARE LIMITLESS AMBITIONS, BURNING GREEDINESS, MERCILESS VENGEANCE, HATREDS AND MALICE. IT IS FROM US THAT THE ALL-ENGULFING TERROR PROCEEDS. WE HAVE IN OUR SERVICE PERSONS OF ALL OPINIONS, OF ALL DOCTRINES, RESTORATING MONARCHISTS, DEMAGOGUES, SOCIALISTS, COMMUNISTS, AND UTOPIAN DREAMERS OF EVERY KIND. We have harnessed them all to the task: EACH ONE OF THEM ON HIS OWN ACCOUNT IS BORING AWAY AT THE LAST REMNANTS OF AUTHORITY, IS STRIVING TO OVERTHROW ALL ESTABLISHED FORM OF ORDER. By these acts all States are in torture; they exhort to tranquility, are ready to sacrifice everything for peace: BUT WE WILL NOT GIVE THEM PEACE UNTIL THEY OPENLY ACKNOWLEDGE OUR INTERNATIONAL SUPER-GOVERNMENT, AND WITH SUBMISSIVENESS.”.

    And read in their Xeony 10th “Bruto-Goal” that “ VOTING, WHICH WE HAVE MADE THE INSTRUMENT WHICH WILL SET US ON THE THRONE OF THE WORLD BY TEACHING EVEN THE VERY SMALLEST UNITS OF MEMBERS OF THE HUMAN RACE TO VOTE BY MEANS OF MEETINGS AND AGREEMENTS BY GROUPS, WILL THEN HAVE SERVED ITS PURPOSES AND WILL PLAY ITS PART THEN FOR THE LAST TIME BY A UNANIMITY OF DESIRE TO MAKE CLOSE ACQUAINTANCE WITH US BEFORE CONDEMNING US. TO SECURE THIS WE MUST HAVE EVERYBODY VOTE WITHOUT DISTINCTION OF CLASSES AND QUALIFICATIONS, in order to establish an absolute majority, which cannot be got from the educated propertied classes. In this way, by inculcating in all a sense of self-importance, we shall destroy among the GOYIM the importance of the family and its educational value and remove the possibility of individual minds splitting off, for the mob, handled by us, will not let them come to the front nor even give them a hearing; it is accustomed to listen to us only who pay it for obedience and attention. In this way we shall create a blind, mighty force which will never be in a position to move in any direction without the guidance of our agents set at its head by us as leaders of the mob. The people will submit to this regime because it will know that upon these leaders will depend its earnings, gratifications and the receipt of all kinds of benefits.”.

    And read in their Xeony 11th “Bruto-Goal” that “ What we want is that from the first moment of its promulgation, while the peoples of the world are still stunned by the accomplished fact of the revolution, still in a condition of terror and uncertainty, they should recognize once for all that we are so strong, so inexpugnable, so super-abundantly filled with power, that in no case shall we take any account of them, and so far from paying any attention to their opinions or wishes, we are ready and able to crush with irresistible power all expression or manifestation thereof at every moment and in every place, that we have seized at once everything we wanted and shall in no case divide our power with them … Then in fear and trembling they will close their eyes to everything, and be content to await what will be the end of it all. The GOYIM are a flock of sheep, and we are their wolves. And you know what happens when the wolves get hold of the flock? …. There is another reason also why they will close their eyes: for we shall keep promising them to give back all the liberties we have taken away as soon as we have quelled the enemies of peace and tamed all parties …. It is not worth to say anything about how long a time they will be kept waiting for this return of their liberties …. For what purpose then have we invented this whole policy and insinuated it into the minds of the GOY without giving them any chance to examine its underlying meaning? For what, indeed, if not in order to obtain in a roundabout way what is for our scattered tribe unattainable by the direct road?”.

    Thereby and after all the previous, you Dear Scottish Folks should comprehend that right after the tricky and stainy ”Rave-Random” takes place you have to expect that the anti-British Okkult-Geuuz Can Hardly Start Wiping-Out The British Gunless Population, Including The British New-Borns And Infants, UNLESS THEIR FATHERS AND MOTHERS GO OUT FOR THAT MEANLY PURPOSEFUL ”RAVE-RANDOM” TO SIGN THERE YES OR NO. – Look how, in advance, they are Already advertizing for a ”Big Split” over that Fake Ominious ”Rave-Random”, and are Already Furnishing for a ”Big Fail In Services And Security” for All British in case of the ”YES” Sham Result that they have Already Chosen and Prepared to Declare, in order to be able to vehemently pursue their semi-Concealed ”Bruto-Goals”. – SO DO NOT HELP THE APPLICATIONS OF THEIR GRAVELY DANGEROUS PLOTS AND PLOYS ON YOU AND YOUR SONS AND DAUGHTERS, AND JUST BOYCOT THEIR REALITY-T.V. SHOW OF TOMORROW COMPLETELY, AND SAVE THE VERY LIVES OF YOUR OFFSPRINGS AND CHILDREN. – IT IS NOT YES OR NO ; IT IS DON’T YOU GO …

    ”DIS-ALLOW NEW WORLD DIS-ORDER”, ON THE 17TH OF SEPTEMBER 2014

  2. Choose to Evade the Deferred ”YES” Sham Result that they have Already Chosen for the Next Round of a Rave-Random

    Strongly Asserting to the Warnings of DANWDO, It was Very Obvious on the T.V. Screens for Every Watcher around the World, that the Rave-Random Organizing GEUUISH QABBAALISTS Had the Pre-Intention to Start a Terrible Dividing Crack inside the Previously Unified British Society. The Rave-Random Trick Partially Worked, and the British People Who Were Friends and Comrades Only Yesterday, Today They Became Split and Started to Quarrel and Clash in the Streets. Just Like Those Organizing XEONY GLOBALISTS Have Done through Other Fake Rave-Randoms and Polls-Likes and Elections-Likes in and against Numerous Other Nations. We remind the alert-minded British that We Have Said Warningly on the 17th of September 2014 : ” Now-a-days while those Ethicsless Globo-Xeonists are putting the final touches for Pushing the World Peoples into a Similarly Krypto-Directed WW3 Annihilation and Demolition, they are first Inviting the Tricked Global Peoples to Tumourize and Malignantize their Opinion-Variations with the over-repeated use of their Death-Voltage Combined Battery of the Sham Democratic Media and the Actually Oligarchic Voting. For Britain of ”Post-Rave-Random” the Xeony Global Gang intend to Start their usual pre-prepared Wave of Clashes-plus-Sabotage-plus-Terrorism, Just Like what they have already commited in : Pakistan; India; Central Africa; Venezuela; Chile; Brazil; Greece, Italy; France; Iran; Tunisia; Egypt; Syria; Iraq; al-Yaman; Libya; Turkey; America; and Ukraine, right after the so-called ‘votings’ that they have held in each of those markedly unfortunate countries. ”. ; and ” – Look how, in advance, they are Already advertizing for a ”Big Split” over that Fake Ominious ”Rave-Random”, and are Already Furnishing for a ”Big Fail In Services And Security” for All British in case of the ”YES” Sham Result that they have Already Chosen and Prepared to Declare, in order to be able to vehemently pursue their semi-Concealed ”Bruto-Goals”. – SO DO NOT HELP THE APPLICATIONS OF THEIR GRAVELY DANGEROUS PLOTS AND PLOYS ON YOU AND YOUR SONS AND DAUGHTERS, AND JUST BOYCOT THEIR REALITY-T.V. SHOW OF TOMORROW COMPLETELY, AND SAVE THE VERY LIVES OF YOUR OFFSPRINGS AND CHILDREN. – IT IS NOT YES OR NO ; IT IS DON’T YOU GO … ”. – Now Brave Scottish and British Be Sure that It Helps Them and Their Bruto-Goals to Create from Zero Another Rave-Random in the Near Future, Were They Can Forgingly Declare a ”Yes” Result for It that New Time, and Thereby Set the British-British Civil War on Its Wheels. SO UNIFY YOUR SELVES AGAIN AND DESTROY THEIR NEFARIOUS PLAN WITH A HUGE ROAR IN THEIR UGLY FACES : DON’T TRY TO SPLIT AND DIVIDE US. DON’T TRY TO MESS WITH US OR YOU’RE GOING TO PAY A BAD PRICE.

    ”DIS-ALLOW NEW WORLD DIS-ORDER”, ON THE 9TH OF OCTOBER 2014

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