WHAT RECESSION?

Hey – who would have guessed but the recession is over! Well, maybe not quite but the BBC has been busy this morning assiduously pushing the line that retail sales are only marginally down year on year, that employers are simply “holding off” on recruitment for a few months, and, of course, that more and more people are putting their trust in the Great Leader. Amazing Alice in wonderland stuff, all aimed at saving Gordon – the BBC’s current number one objective.

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35 Responses to WHAT RECESSION?

  1. Scott says:

    Actually, the reports suggested nothing of the sort.

    But then, why let inconvenient things like facts get in the way, eh?

       1 likes

  2. Jim T. says:

    This thread seems to have got mixed up with the one below – but, sorry Scott, I heard this and David’s comment was the impression I got. For a moment I thought, ah, it’s all over, and then I realised that I was listening to the BBC; no chance.

       1 likes

  3. Sarah Jane says:

    And on the other hand:

    Click to access newcapitalism.pdf

    yes, the recession is definitely over.

    (was there suppossed to be a link in that blog or is just conveying an artistic impression?)

       1 likes

  4. xjboy550 says:

    hmm why do some on here seem to think that the huge worldwide bbc need their help to defend its self ???
    or are they just upping their profile so they say “that’s me that is sir !!”in the office monday morn
    and as for facts try this one the bbc has been found to deceived the public and not once by its regulator! don’t think you can say the same of this site

       1 likes

  5. Taiko-san says:

    xjboy550

    Could you repeat your last comment in English please.

       1 likes

  6. Iain says:

    xjboy550:

    Do you work for OUP, by any chance?

       1 likes

  7. ipreferred says:

    I just like to bait you guys.

       1 likes

  8. anon says:

    They did give David Cameron a lot of space here (top story on bbc.co.uk front page):
    http://news.bbc.co.uk/1/hi/uk_politics/7772725.stm
    It wasn’t without the obligatory attacks and lies from Labour but it’s the most balanced the bastards have been in ages.

       1 likes

  9. Chuffer says:

    And Yvette Cooper has just been given a right roasting on News24. Very hostile. Most unlike BBC.

    Is there possibly a shift in BBc values taking place?

    And my manflu came back last night.

       1 likes

  10. Dick the Prick says:

    OT but the Daily Politics is proper hard work today – get a red rosette and chuck it on the test card.

       1 likes

  11. Raul says:

    Well, at least someone is being positive, maybe if all the media painted the same positive message we would get rid of these psycosomatic symptoms of worldwide panic and crisis.

       1 likes

  12. hippiepooter says:

    Chuffer | 09.12.08 – 12:23 pm |

    You always get sporadic moments of ‘anti-labour’ coverage from the Beeb when they start feeling the heat about their appalling bias. Never lasts long.

       1 likes

  13. frankos says:

    very true recessions are really a reflection of public confidence, however the real root comes from the unholy trinity of poor regulation (governments inc ours), poor finacial practices (the banks + lenders) and overborrowing by the financially incompetent.
    Gordon Brown seems to think that holes are best dug deeper for short term praise + votes.
    This vast hole will eventually need to be filled by sacks of our cash which could cause a much longer more serious recession.
    This is the logic the BBC seem unable to grasp

       1 likes

  14. Gerald Brown says:

    Sarah Jane

    Very interesting link. What a shame Peston didn’t explain all this to the subject of the biography when he was writing it. 20/20 hindsight is a wonderful thing. But then Our Glorious Leader would have poo poohed it, even if Peston had been that clever.

    Perhaps the BBC would like to make a programme around this piece. I can think of a suitable title, (but will have to use some asterisks), “We’re f****d”.

       1 likes

  15. Martin says:

    Scott. Perhaps you might like to explain why the rent boy users can’t call a recession a recession? They keep telling us that the USA is in a recession. Could that be because George Bush is President?

    I’m pissed off hearing about the ‘downturn’ we’re in fucking DEEP recession.

       1 likes

  16. It's all too much says:

    We don’t do polls….

    http://news.bbc.co.uk/1/hi/uk_politics/7772725.stm

    A Populus survey for the Times on Tuesday suggested 40% of people trusted Mr Brown and chancellor Alistair Darling to fight the recession, compared with 31% for Mr Cameron and shadow chancellor George Osborne.

    The telephone survey of 1,505 adults, taken between Friday and Sunday, suggests a six point increase on that issue since the pre-Budget report on 24 November.

       1 likes

  17. David Preiser (USA) says:

    Sarah Jane | 09.12.08 – 10:53 am |

    Robert Peston can’t be happy at all. Just a couple of months ago he was sure that Mr. Brown had pretty much saved the day. Britain was supposed to be better placed than most to withstand the worldwide, US-caused, economic non-upturn. Peston even went so far as to explain it this way:

    So what Gordon Brown and central banks have done today should stave off economic Armageddon – but it’s probably too late to save us from months, or even years, of sluggish growth.

    http://www.bbc.co.uk/blogs/thereporters/robertpeston/2008/10/08/index.html

    This is apparently a definition of “growth” of which I’ve been previously unaware.

    He must be just annoyed as Nick Robinson that Mr. Brown has misled him so. It was only two weeks after the above blog posts, when Brown announced that a recession was likely (due, of course, to global factors outside of his control) that Peston seriously allowed himself to think about how the recession will look.

    Of course, in this latest essay, he’s still blaming everyone except the man who ran the UK’s economy for the last decade. There’s no mention of all the PFI money pissed down the drain, either. Even though Peston does accurately explain the dry details behind the credit bubble, his main point is still how the greedy bankers caused all this. Worse, he describes the “New Capitalism” that will supposedly result from all this in terms straight out of the Brown playbook:

    For many, the New Capitalism may well seem fairer and less alienating than the model of the past 30 years, in that the
    system’s salvation may require it to be kinder, gentler, less divisive, less of a casino in which the winner takes all.

    Funny how this is exactly how he described Mr. Brown’s economic vision back in that biography he wrote. But Robert Peston holds an important position at the BBC, is “ahead of the curve” on these things, and couldn’t possibly be biased.

       1 likes

  18. frankos says:

    New Capitalism????
    What the Hell is that?

       1 likes

  19. Grant says:

    Martin 5:35

    What’s the betting that when Obama becomes President the US recession becomes an “upturn” ?

       1 likes

  20. Martin says:

    Grant: The BBC are already bigging up his great plan to build their way out of a recession.

    Why does no one point out that to do all of the civil works the likes of Obama and Brown want it takes years before you ever dig a hole or lay a brick? You have to satisfy all the lawyers, tree huggers and other assortment of leftist twats first.

    Just how many bridges need repairing in America?

       1 likes

  21. Surveyor says:

    Following comment on Obamacrimes.com comments
    Seems some people across the pond are still unaware of the Beeboid stealth.
    Same MSM bias over there too it would appear

       1 likes

  22. Sarah Jane says:

    David – Peston seems to be a very fickle mistress

    (metaphor!)

    Whatever else people think of him the way he has pushed ‘Business’ up the BBC agenda is admirable. I agree he has been dealt a decent hand by the economic dung heap we find ourselves in, but he has changed the way Editors think about business through hard graft, good storytelling and not taking no for answer.

    Rather than not getting anywhere immediately, moaning a bit then running off back to Fleet Street…

       1 likes

  23. haddock says:

    a little snippet from radio 4 Listen Against this evening
    ……they didn’t want Peston’s commentary on the End of The World because “he’d only make it worse”

       1 likes

  24. TPO says:

    With Peston I thinks it’s very much a case of ‘Like Father, like Son’

    If the BBC wants to restore any vestige of credibility in this field they should consider making an overture to Jeff Randall.
    Lets face it, as each day passes, people are less inclined to take the BBC output at face value.
    To me the BBC news is an agenda not honest reporting, but there will always be some who will support them. The first poster on this thread being an example. However a cursory look at his blog will reveal all, a vested interest I’m sure.

       1 likes

  25. will says:

    Sarah Jane “he has changed the way Editors think about business through hard graft, good storytelling and not taking no for answer.”

    so there must be editors & Editors as Peston introduces himself as

    I’m Robert Peston, the BBC’s business editor.

    Is editor just an honorary title (or a feature of the salary bandings) for some with real power in the hands of proper Editors?

       1 likes

  26. Grant says:

    Martin 7:08

    Yes, the beeboids are still living in the 1930s and dreaming of FDR , not to mention his subsequent appeasement of Stalin.
    Maybe Obama can create some employment by building a bridge from Alaska to Russia ?

       1 likes

  27. Jon says:

    TPO | 09.12.08 – 8:43 pm |

    Scott has been on here before – hes a Doctor Who fan who lives in a world of his own.

       1 likes

  28. Brian says:

    I don’t watch their news output any more. There’s much more competition so why bother?

       1 likes

  29. TPO says:

    Scott has been on here before – hes a Doctor Who fan who lives in a world of his own.
    Jon | 09.12.08 – 9:03 pm |

    I thought he rang a bell. Didn’t know about the Dr. Who connection though. Do people really still watch it?
    I first saw it in 1963 with William Hartnell. Its gone downhill ever since.

    *********

    I don’t watch their news output any more. There’s much more competition so why bother?
    Brian | 09.12.08 – 9:05 pm |

    I have masochistic tendencies. Plus I do like to shout at the TV, but my wife is constantly reminding me that not every BBC employee is homosexual.

       1 likes

  30. Gerald Brown says:

    Martin.

    You are absolutely correct. It should work out that just when “Our Glorious Leader’s” plans for extra construction work actual turn the first sods on the ground will probably be just as the non-downturn has got underway in an industry then struggling for capacity which should lead to rapid inflation in construction costs! Just like so many of “Our Glorious Leader’s” pronouncements they are good sound bites for the BBC to broadcast but a little thought about it soon gives the lie.

    While having a moan don’t forget to ask your friends and colleagues what rate of interest the Government is lending all this money to the banks at (12%). They may then understand why the banks are not all that keen to lend it on at virtually 0%.

    “Our Glorious Leader” is also trying to put the squeeze on credit card companies to cut their interest rates. Another question to ask your friends and colleagues is what rate of interest is charged on the Labour Party credit card where the company remits a little to the party of government (18.9%). The Conservative one is 15.9%. Do as I say not as I do as usual? Thank you the BBC for the last one!!!

       1 likes

  31. David Preiser (USA) says:

    Sarah Jane | 09.12.08 – 8:12 pm |

    Whatever else people think of him the way he has pushed ‘Business’ up the BBC agenda is admirable. I agree he has been dealt a decent hand by the economic dung heap we find ourselves in, but he has changed the way Editors think about business through hard graft, good storytelling and not taking no for answer.

    Robert Peston gets a little pissy at Mr. Brown sometimes when he feels let down, or that he got crossed up. But he always comes back to his master in the end.

    I’ll agree that Peston deserves kudos for giving business news a much higher profile. It’s the way he’s done it that’s the problem. Good storytelling, indeed.

    Peston should just go work for the government outright.

       1 likes

  32. Kill the Beeb says:

    Scott, you’re a twat. Your line should actually have read: “Why should you let facts get in the way of a good rant.” If you’re going to resort to lefty cliche, at least get it word for word like all the other automatons you bond with.

    Now go back to your crappy sci-fi, geek boy.

       1 likes

  33. Zevilyn says:

    Gordon should have been looking at ways to rebuild the UK manufacturing industry when he became Chancellor.

    Instead, he allowed the unstable and unreliable financial sector to take up a third of the UK economy. He did not warn people to be weary of using credit cards, he enjoyed the false growth and the popularity it brought him so much he ignored the sensible option of slowing growth in favour of stability.

    This is what happens when you entrust the economy to bankers and spivs.

       1 likes

  34. Anonymous says:

    “Gordon Brown: I’ve saved the World”

    This was no gaffe; this is what Brown(and Beeboids) believe.

    http://www.dailyexpress.co.uk/posts/view/75138

       1 likes

  35. philip riley says:

    david preiser,good comments.The bbc will never ever bad press this government, they will always find some reason to excuse them of their commitments. They will continue to highlight their announcements and consider them achievements.They are bereft of ideas or credence. I loathe them and their political masters.

       1 likes