Tuesday, Dec 09, 2008
Finally the banks speak
BBC: Lenders slam government policies
The government's priorities for lenders are "conflicting and incoherent", a banking group has said.
Posted by holding out @ 11:36 AM (392 views) Add Comment
1 Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. paul said...
The BBC still trying to spin it positively, hinting that prices might bottom out (supported by de-contextualised comment from VI), hinting that the price drops might not be too bad in some areas (supported by isolated one-sided statistic).
This demonstrates exactly what Report Peston said "As for the media, we certainly could have shouted louder about the risks of all that debt being accumulated – but perhaps the volume control was set a little too low because of all the splendid advertising revenue that was generated by the property boom."
In the BBC's case its viewers for their weekly propertyporn orgy, and self-interests. MPs have to declare their interests before being allowed to espose a point of view as their constituents, so why do BBC editors not have to do the same for its readers?