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daibhidcSo Scottish local councils have invested more than 45 million quid in Icelandic banks. And naturally, Alex the Salmon and his fishy friends are worried about this in fact, they want to know what Westminster are going to do about it.
Er, hang on. I could have sworn Scottish local government was Holyrood's responsiblity, and something Westminster was supposed to keep out of. Swinney says "This has got nothing to do with local authority funding – and everything to do with regulation of financial services", but I don't see how he can claim that; this is about ensuring local authorities don't lose their unwisely invested money.
So the first time there's a crisis involving the devolved powers, the ScotNats start expecting London to bail them out. That speaks volumes for how well they'd cope if they were actually a government...
Er, hang on. I could have sworn Scottish local government was Holyrood's responsiblity, and something Westminster was supposed to keep out of. Swinney says "This has got nothing to do with local authority funding – and everything to do with regulation of financial services", but I don't see how he can claim that; this is about ensuring local authorities don't lose their unwisely invested money.
So the first time there's a crisis involving the devolved powers, the ScotNats start expecting London to bail them out. That speaks volumes for how well they'd cope if they were actually a government...
