Some Common Cents for September 12th 2014

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I am sure it started out as something of a lark: why not be independent? We can surely go it alone, can’t we? As the Saturday Night Live character Stuart Smalley used to say: “I’m good enough, I’m smart enough, and doggone it, people like me.” However, less than a week from now, the Scots will go to the polls to decide whether to stay in the United Kingdom or become an fully sovereign Scotland. As I type today, the outcome of the referendum is far from certain, and any daily change in public opinion polls generates a lot of headlines and even more debate.

Lark might not be the right word, as there has been a relatively robust nationalist movement north of Hadrian’s Wall for some time. However, I would have classified it as the separatist equivalent of The Ramones: somewhere between fringe and mainstream. What a minute! The Ramones? Yeah, I once read The Ramones were too big for Bar Mitzvahs but not big enough to be on American Bandstand. I thought it fitting…Read On…

The opinions expressed within this report are those of John Norris as of the initial publication of this blog. They are subject to change without notice, and do not necessarily reflect the views of Oakworth Capital Bank, its directors, shareholders, and employees.