Friday, May 07, 2010

Brown Broadcasting Corp spinning as usual

ShareCast: House prices fall as supply increases

The BBC reports this as "House prices up 6.6% in past year". I think this is originally from Halifax who state that increased supply and weaker buyer activity are having their effect. Oh yes. that and global meltdown Act II: "The Sovereign Debt Crisis".

Posted by voiceofreason @ 09:54 AM (845 views) Add Comment

4 Comments

1. dbc reed said...

The usual perception that the BBC is full of lefties underlies Brown Broadcasting Corporation moniker.In fact ,the BBC is spinning the election results as a Brown has no moral right to rule story,when it should be stressing the constitutional aspect which dictates that he has first dibs at forming a coalition.Anybody slightly left-wing is aware of right-wing bias in the BBC.(Given that both left and right wings fell bia against them tends to indicate that they're getting it about right.)

Friday, May 7, 2010 10:17AM Report Comment
 

2. phdinbubbles said...

@dbc reed
I agree - there really is no evidence to support political bias in the BBC's reporting. However, their lack of objectivity in reporting house price movements (especially on their webpage) is shockingly awful.

Friday, May 7, 2010 10:44AM Report Comment
 

3. letthemfall said...

The BBC is habitually accused of bias by all political persuasions, as dbc reed says. Personally I think it is full of lazy journalists, especially those who write the webpages, who parrot each others bland reporting. You have to look to the John Simpsons to get thoughtful stuff.

Friday, May 7, 2010 11:58AM Report Comment
 

4. orcusmaximus said...

The bias is clearly seen in that the BBC always refer to our economic woes as the 'Banking Crisis', implying that the fault lies with those greedy bankers*.

Were the crisis called by it's more accurate name 'The Bursting of the Debt Bubble', then it is immediately apparent where the real fault lies, and the election would have had a far different result.

* Note: I'm no fan of bankers bonuses, but I understand that they were forced to take risks by Brown's de-regulation of the banking system. Any bank which did not follow suit would have shown investors reduced profits and would have gone under. The Canadian banks were not deregulated, were not allowed to take risks, and did not succumb to the crisis.

Friday, May 7, 2010 01:04PM Report Comment
 

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