Some bits and pieces to chew on….
1. I think it was Rachel Burden on 5Live yesterday who claimed that the Greeks voting to keep austerity and the bailout package was an illustration of their belief and confidence in the Euro itself and the European Union. Really? It’s not the runt of the European litter clinging desperately to the German milch-cow’s teat and hoping to do so for life then?…which is what will happen…can anyone see these ‘loans’ being paid off?
2. Victoria Derbyshire states boldly today that austerity has definitely caused growth to stop and asks a Government minister to explain himself…..however you define growth and GDP spending borrowed money is not growth…there might be more money in the economy…for now…but it has to be paid back…with interest later. Stick to English Lit. Vicki. No idea why we have to have austerity and who caused that problem in the first place?
3. How about the timing of the GP’s report on hospitals delaying operations because of ‘cuts’? Rather fortuitous timing with the GP ‘strike’ this coming Thursday…not saying it was timed to try and make the Coalition look bad but the BBC seemed happy to grasp the proffered opportunity that it gave to talk a great deal about cuts and the ‘disappearing’ NHS. Maybe the GPs will get a more sympathetic hearing from the Public….they hope.
4. Niall Ferguson gave his first Reith Lecture today…..the only time during the lecture that the audience reacted was when he said that the best thing American youth could do was to join the Tea Party….large intake of breath from audience….how many work for the BBC?
5. I just know someone will comment on the Iron Cross….Life’s too short to photoshop something else in….and the BBC are happy to tell you that should the Euro fail the Fascists are going to take over….so in a way it’s appropriate…the BBC’s careless pro Euro talk has helped keep the Euro afloat and now it could sink us all. Ironic really….that it is the über Liberal BBC which has laid the foundations for a Right Wing coup…apparently.
I remember this debate on Today that is the closest I’ve heard to any real analysis of the benefit borrowing for growth. The facts are quite clear in the text, but unfortunately the conclusion has to be adjusted to allow some wriggle room for those in love with ‘Plan B’. It is the BBC after all.
In summary for every £10bn borrowed, only £7bn comes back as GDP growth. I say that was a good reason for not borrowing more. Perhaps Victoria Derbyshire could do some more research.
Now inflation has reportedly fallen, not for any reason related to Government, this is apparently a cue for the MPC to vote to start the printing presses rolling again – forgery if you or I did it, “QE” if they do it. Why borrow money when you can just print it, eh? It all creates (spurious) “growth” to the bBC, and proves you don’t have to have Torycutz or austerity. Just a John Bull printing outfit .
The average bBC employees knowledge of economics is based on filling in taxi fare claim forms and free tickets to Glastonbury.
Decreasing inflation is generally a good thing…..until it turns into deflation. Excessive printing of money will eventually do that.
yes we needn’t have bothered with the industrial revolution… just got the Bank of England to print lots of these big white fivers.
Have some sympathy for the BBC. It is wedded to the European project so has to look on the bright side. I ,for once, hoped the left would win in Greece and bring things to a head. Instead we will get yet another delay until reality intervenes.
The BBC and the Eu fanatics would do well to ponder that our words ” chaos” and ” hubris” are Greek in origin.
A bit ironic that.
In answer to the question posed in the title: My answer is neither. Wikipedia articles are generally written by left-leaning government employees who have the luxury of sit on their arse all day promoting their particular world view at the taxpayer’s expense. For an example google “William Connolly watts up” to see how one taxpayer funded tree hugger single handedly distorts all wikipedia articles on climate change.
I use Google advanced scholar search for Climate Change information, the bloody Bilderbergers have not yet decided to censor this source of information on Climate Change yet.
Wikipedia is open edit so you know it can change all the time. 99.9% you can presume is accurate but you get a 2nd opinion.
BBC is closed edit and changes regularly to suit the whims of bubble-living lefties and to cover it’s tracks: I do not take any* of it as accurate until I have other sources to compare.
* this is not hyperbole.
But ‘super editors’ like Connolly and his sock-puppets have the power to revert changes made by other editors and then lockdown disputed articles. They spend all day on there, censoring and distorting thousands of articles. So you most certainly cannot trust any wikipedia articles on disputed topics like climate change or politics or history or….
It’s certainly true that there are some ‘dedicated’ folk on there tapping away and creating an alternative history.
The IRA spend alot of time removing any reference to a NI flag believe it or not. Then there’s the Dutch Nationalists messing with Napoleonic history; and don’t get me started on the Chinese!
But mostly it’s a reasonable source for non-controvertial subjects. Something that can’t be said for the BBC.
I don’t trust either of ’em. The internet was fine until information could be manipulated, now you don’t know who (or what) to believe. The BBC is biased, Google is biased. We are being manipulated.
People are trying to manipulate but it doesn’t work. It is the same Internet that enables contrary views to be published and accessed such as bBC. Without Bishop Hill, JoNova, Donna Laframboise, Watts Up, and Climategate disseminated through the Internet, none of us would be any the wiser. You just have to be smarter than they are, which isn’t difficult. The BBC would feel more at home in the old Soviet Union. “You know only what we tell you”
Not surprised that the BBC chose not to play Barossas frankly barking stuff about the Euro as barked out in Mexico.
Never heard him so annoyed over nothing that would bother the rest of us here on planet earth.
Whatever administrative slight he imagined-well, he really was most uppity…and therefore not played too much by the BBC, lest we think he`s an unhinged anti-democratic unelected leftie who`s not got a clue about anything but his pension pot.
Apparently he`ll take no lessons in democracy from anybody-whether its the USA or China…even Russia.
Clearly he never has done either-hell, even Iran, Pakistan and China have elections of some kind-unlike Barossa, Ashton and Von Rumpoy…who nobody has EVER voted for.
The whole Europlot is heading for the bottom of the trench…and the BBC will oil Barossas feathers until he is blended on a turbine…
Fearless democratic guardians of the Tribune…thanks for nothing Beeboid batsqueaks!
Interesting that it’s mainly middle-class hippies (BBC-Guardian hacks, WikiGoogle censors, CofEOccupists) who like socialism. Others are more inclined to the other end of the spectrum. Clearly a case for banning the Mail, the Sun and this blog, Lord Levenson.
…they like it, but only for other people.
The BBC appointed someone called Colin Tregear as Complaints Director. He used to work at the BBC weather centre before this. I was told that he is the weak link in the BBCs Climate Change story. Something is up.
They seem to be harbouring under the misunderstanding that “austerity measures” are not a free choice of sovereign nations at this time, but are actually an inevitable and guaranteed consequence of running out of money due to the previous government spending too much money that they did not have.
Economics 101 FAIL BBC! If you ain’t got it, and then you borrow more and spend it on crap, you will end up broke and “austere”.