Tuesday, Aug 22, 2006

BBC in complete denial of housing market downturn

BBC "News": Persimmon upbeat on house market

True to form, the BBC has rurned a blind eye to the coming housing market chaos, and instead reports on Persimmon's rising profits for the "first half of this year". The number of completions has risen sharply too - but only because of their acquisition of Westbury.

Desperate means call for desperate measures, I guess.

Posted by paul @ 11:28 AM (547 views)
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1. uncle chris said...

What I don't understand is why the BBC have such a vested interest in pulling the wool over people's eyes. Being a public organisation, they surely cannot be gaining financially from this biased reporting and I cannot believe that following the Dr David Kelly affair (where they were actually in the right about government lies) that they have become such a government propaganda machine. Please if anyone has a line on why the BBC report in such a heavily biased way, let us know.

Tuesday, August 22, 2006 12:44PM Report Comment

2. Rod, Jane & Freddy said...

I've just mailed the BBC asking why they ran with this story as headline news while deciding not to make any mention of the enormous drop in asking prices revealed by Rightmove yesterday.

Tuesday, August 22, 2006 01:08PM Report Comment

3. kpjcomp said...

Maybe the VI is->

1. So that BBC's presenters who say "Houses always go up, win win blah blah", don't look so stupid.
2. The Boss of the BBC is a big BTL'er.
3. They help the Goverments propaganda so that they don't loose the licence fee system.

I'm not sure, but I'm sure of one thing there going to look a right set of idiots when things go U-Turn.

They make out there doing the people a service with there Watchdog type programmes, the recent one being "Old Dogs, New Tricks". eg. Trying to track down a company selling Tablets that claim to loose wait. But yet they don't look to there own house with these presenters making false claims, stupid "Homes Under the Hammer" type programs have done more harm to the country than a small company selling fake diet tablets. The ITV could have a field day with "Tonight with Trevor McDonald" on this subject, buts that's unlikely because there probably scared too.!!!

Tuesday, August 22, 2006 01:26PM Report Comment

4. inbreda said...

Wasn't it Gilligan of the BBC who first identified the dodgy dossier that proved that Blair had little or no reason to resist the population of Britain and go to war with Iraq. Blair denied everything and basically got Gilligan and the BBC Directors sacked. I guess the prelacements were either put their by the Labour party to represent Labour interests, or at the very least they're too scared to do anything other than protect Labours interests.

Basically Labour has removed the independence of the BBC. It is now a government propoganda machine - the best excuse yet to refuse to pay the licence fee.

And of course the government is relying on house prices not plummeting.

Tuesday, August 22, 2006 01:57PM Report Comment

5. Surfgatinho said...

I think it's good that the BBC are bigging up the property market. It paves the way for more IR rises!

Tuesday, August 22, 2006 02:33PM Report Comment

6. paul said...

Those cut'n paste journalism graduates at the BBC never were all that clever.

Tuesday, August 22, 2006 05:56PM Report Comment

7. Cstanhope said...

Perhaps like the "ALLEGED" Terror Plot it is just an "ALLEGED" downward movement in house prices. By the way when is the BEEB going to give us the next installment of that stupid BTL women and her credit woes......

Tuesday, August 22, 2006 06:07PM Report Comment

8. Doomwatch said...

I would imagine most of the senior editorial and production staff at the BEEB and national press
have gambled their pensions in property portfolios. There lies your answer. Control the media, control the masses. It's that simple. Would imagine they are delaying the truth while they cash in and leave the inevitable losses to the sheep.

Tuesday, August 22, 2006 09:33PM Report Comment

9. Surfgatinho said...

I just saw this item on News 24. It was unbelievable. They reported it as if it was great news for everyone and the gospel. They then interviewed the Persimon CEO and made a reference to the Rightmove figures in the context of unreliability of various reports.
Truly outrageously biased coverage

Tuesday, August 22, 2006 11:52PM Report Comment

10. tyrellcorporation said...

The BBC have always religiously printed articles by Shipside at Rightmove as they have, almost without exception, been bullish. It does seem a little obvious when they choose not to print a (although spurious) more downbeat analysis of the market.

... I can't stand the BBC anyway - 18m for three years of Jonathan Ross, I mean, I ask you, is that wise?!? Oh and lets not forget that simpering idiot Kaplinsky and her face you just want to slap with a kipper!

Wednesday, August 23, 2006 08:38AM Report Comment

11. uncle chris said...

Don't know how much good it will do, but I've just thrown in an official complaint. I doubt they will even get back to me.

Wednesday, August 23, 2006 10:03AM Report Comment

12. kpjcomp said...

Anyone ever tried the BBC's Points of View?


Wednesday, August 23, 2006 10:36AM Report Comment

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