Thursday, Jul 26, 2007
BBC resorts to sentiments and anecdotes to cover up bad US housing stats
BBC "News": "US growth outweighs housing slump"
This is the metaphorical equivalent of putting icing on a dump and then polishing it to a high shin and calling it gold. The BBC gives it a cheery enough title but when you read the short article (which thankfully the journalism graduate editor didn't have the balls to try to post on the front page), it smells really really bad. "It reported that consumer prices had been growing at a moderate rate as oil and gasoline prices rose. The report said that businesses were having mixed success in passing on their higher costs to consumers." Ouch. That's bad.
Posted by paul @ 08:24 AM (197 views) Add Comment
10 Comments
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1. tyrellcorporation said...
It's funny, most of the time the BBC just pumps out anti US propaganda - unless it suits them to do otherwise...
2. Pmaupoil said...
That's it. Here we were. Summer time, prices stagnate and then in the autumn they will start falling. The change is happening slightly quicker than I thought...
3. sovietuk said...
Notice the propaganda style tone of the announcements using words like "outweighs" and in a previous article "stalls" as if the price increase stoppages are only temporary and the market will take off again once the engine has started again. What a joke our tax payer funded media organisation has become over the last 5 years.
4. tyrellcorporation said...
Soviet, you're right I think the BBC are now despised by large swathes of the population.
5. sold 2 rent 1 said...
This news may well propel the US stock markets to one final last high by early August.
By the end of August the bad news will be outweighing the good and it will be all downhill from there.
Shorters - to your marks.
6. japanese uncle said...
Bernanke, Chertoff, Bolton, etc, etc, invariably look like third-rate frauster, don't they?
7. Scott said...
It seems that the BBC have a lot to answer for recently. Even comic relief was rigged.
8. planning4acrash said...
I for one love the BBC, they are a beakon to the rest of the world, I would rather die in a ditch than see scoundrels like Tyrell take Radio 2 and 4 off the airwaves, there would be blood on the street! Sure, sometimes their news is skewed, but they only get bad press from the private press because they hate the competition. Hows about criticising the corporate skew of CNN and the like?
9. Environmentalspoilerand Taxdodgerneedingfloodgates. . . . said...
Oh I don't know, I am always interested in what Pravda has to say.........
10. sold 2 rent 1 said...
All news is a fraud to some extent.
I was down in Purley-on-Thames on Tuesday and saw Kay Burley doing a Sky news report in a tow-path puddle.
The fraud was, they found some pensioners (and most likely gave them some wellies and walking sticks) and filmed a completely staged walk through the tow-path puddle.
These homes regularly get flooded and the downstairs rooms are treated as "wet rooms" in many cases.