Posted 31 October 2011 - 08:20 PM
Randall confirms beyond doubt that the BBC was [and still is] a completely pro-Nieue Labbia organisation - and at the time was licking that Fagot G Broon's @rse....
"In 2003, I wrote a piece for the BBC, warning of the debt trap: “British consumers are living in a never-never land of very high personal borrowings. They simply cannot carry on spending more than they are earning without a hard landing.”
This message did not go down well at Television Centre. I largely failed to get the corporation’s news editors to take it seriously, with one accusing me of overcooking the story in order to denigrate Labour’s success"
What the media today are still not telling us in full - for some reason the lid is being kept on the whole story:
HERE IN THE UK: THE UK SUB-PRIME CATASTROPHE - IT IS NOT ONLY IN AMERICA!! THE UK LIAR LOAN INDUSTRY - Source of FICTITIOUS "MONEY", and the principle driver of the House "Price" Pyramid/Ponzi Scam & Bubble, the "Credit Crunch" - and an unacknowledged major part of and cause of the ensuing Worldwide Financial Crash.
The following was reported in a superb documentary in late 2003 - This is now 10 years ago!! Since then shamefully little has been done here in the UK by journalists/broadcasters to dig down deep on this story - a vast elephant in the room: Why? If you're a serious journalist - here's your story - start investigating - it is the biggest financial scandal of all time:
THE ARTICLES BELOW ARE FROM AS FAR BACK AS 2003!!
Mortgage customers 'urged to lie' - All this was way back in 2003 by the way!!
Housebuyers are being encouraged to break the law in order to obtain huge mortgages, the BBC has discovered. Brokers, and even banking staff, have been telling buyers to lie about their incomes to get bigger and bigger loans. And these underhand tactics could also be the reason why house prices have gone on rising for so long.
CLICK HERE - http://news.bbc.co.u...ess/3222053.stm
"Could you believe that a bank would invite customers to defraud it? It may sound incredible, but that is what some of Britain's biggest mortgage lenders have in effect been doing."
CLICK HERE - http://news.bbc.co.u...ess/3478635.stm
The BBC Money Programme uncovers massive mortgage fraud [2003!]
: BBC TWO's The Money Programme has revealed a huge mortgage fraud with brokers from some of Britain's biggest estate agents and financial advice groups advising customers to break the law and lie about their incomes to get massively bigger mortgages. And it shows how the illicit cash raised by this method has been pouring into the housing market, boosting prices and leaving many people risking financial ruin.
CLICK HERE http://www.bbc.co.uk..._mortgage.shtml
AND READ THIS: - http://www.housepric...howtopic=152508
WATCH THE VIDEO OF THE 2003/4 DOCUMENTARY HERE:
Click on parts 2 & 3 as you go along watching this video.
AND WATCH THE LATEST VIDEO OF LIAR LOANS STILL IN ACTION HERE in 2008