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guitarman001

Kuenssberg

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Anybody hear Kuenssberg last night when talking about the bank losses? She said the economy was down due to weak banks and flat house prices. That is all.

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In fact she also spoke about how they were trying to get rid of toxic assets on their balance sheets... wonder what those could be?

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Of course, the economy rises when houses are bought and sold...we have banking turnover, furniture, decorating, flowers etc etc...all seeded from housing.

What she was in effect saying, from what you say, is that we need to get banks lending again.

They NEVER mention just how we got here.

And of course, getting rid of toxic assets means the banks eating their investments themselves, because no-one except the feds are buying....

She is saying that others, and by that I mean other mugs, should help the banks by taking the toxic crap and buying it up...that would free the banks to lend again...except of course, the borrowers themselves wouldnt be able to as they would now have the toxic crap to sort out and asking for help from your bank would receive a blank..Madoffesque type shrug of the shoulders.

Who is Kuenssberg? Edited by Bloo Loo

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[quote name='Bloo Loo' timestamp='1330167091' post='3270411']
Of course, the economy rises when houses are bought and sold...we have banking turnover, furniture, decorating, flowers etc etc...all seeded from housing.

What she was in effect saying, from what you say, is that we need to get banks lending again.

They NEVER mention just how we got here.
[/quote]
Yup --- it is deeply depressing. The Elephant continues to sit in the Room -- getting bigger and bigger -- and STILL the BBC pretends it isn't there...... This is down to the fact that many of the over-paid BBC types are BTL Meisters...... They played [and continue to play] a major role in House Price Ramping --- just look at those house price ramping shows STILL ON the tv morning after after morning -- and afternoon & evenings....

The BBC have been acting as a VI House Price Ramping Machine for YEARS. :angry:

-----------
Edit: The ONLY ONE example of the BBC telling it like it is is laid out below.....

Note: Michael Robinson - who made that superb documentary on Mortgage Fraud way back in 2003 - [SEE BELOW!!} - is now not with the BBC - and The Money Programme is now made and presented by Blue Peter numpties.... :rolleyes:

Michael Robinson was effectively SACKED for telling the truth... Daring to point to the Elephant in the Room -- [SEE BELOW]. Edited by eric pebble

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[quote name='guitarman001' timestamp='1330166762' post='3270402']
In fact she also spoke about how they were trying to get rid of toxic assets on their balance sheets... wonder what those could be?
[/quote]
I wonder where those toxic assets will end up.

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[quote name='tinker' timestamp='1330167889' post='3270426']
I wonder where those toxic assets will end up.
[/quote]

Actually, THAT'S what I was thinking!!

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[quote name='Bloo Loo' timestamp='1330167091' post='3270411']


Who is Kuenssberg?
[/quote]

Ex BBC staffer, moved to ITN. Used to tell Rick "Toenails" Nobinson what to say (allegedly)

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[quote name='"Steed"' timestamp='1330173757' post='3270501']
Ex BBC staffer, moved to ITN. Used to tell Rick "Toenails" Nobinson what to say (allegedly)
[/quote]

still none the wiser.

a talking head is who she is I gather.

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Does she think house prices averaging £1bn each don't represent a problem as long as people can borrow enough?

How much they earn and whether they can afford it or not doesn't matter. It's the credit crunch that caused all the problems innit? We were doing OK until then.....

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[quote name='Bloo Loo' timestamp='1330177502' post='3270538']
still none the wiser.

a talking head is who she is I gather.
[/quote]

Bet you know her now

http://tvnewsroom.co.uk/people/laura-kuenssberg/

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[quote name='Democorruptcy' timestamp='1330177623' post='3270544']
Bet you know her now

[url="http://tvnewsroom.co.uk/people/laura-kuenssberg/"]http://tvnewsroom.co...ura-kuenssberg/[/url]
[/quote]

I guess I should watch more telly.

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[quote name='Democorruptcy' timestamp='1330177623' post='3270544']
Bet you know her now

[url="http://tvnewsroom.co.uk/people/laura-kuenssberg/"]http://tvnewsroom.co...ura-kuenssberg/[/url]
[/quote]

ccc would [img]http://www.housepricecrash.co.uk/forum/public/style_emoticons/default/smile.gif[/img]

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[quote name='Bloo Loo' timestamp='1330182208' post='3270590']
I guess I should watch more telly.
[/quote]
Yup... It's the fount of all wisdom..... :rolleyes: :huh: :blink: Not...

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