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Bank of England Quietly Admits Huge Data Error

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Tracey Suntan-King
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PostPosted: 23:31 - 06 May 2015    Post subject: Bank of England Quietly Admits Huge Data Error Reply with quote
12 hours before polling begins, the BoE slipped out a "Notice of Errata" relating to critical financial data used by the Tories in the election campaign.

Sorry Chaps, bit of a F*ck Up

So, BCF, is this a cynical propaganda exercise, or a clerical "inputting" error?

You couldn't make this stuff up. Oh, wait.......apparently they did.
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Rogerborg
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PostPosted: 06:51 - 07 May 2015    Post subject: Reply with quote
Gay liberal conspiracy.

But then that's my explanation for just about everything.
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ScaredyCat
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PostPosted: 07:16 - 07 May 2015    Post subject: Reply with quote
Let's be honest, none of the campaigns are that truthful anyway ...

A politician is a professional liar. That's their job, to massage figures, leave out pertinent facts and deceive to get their way.
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Tracey Suntan-King
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PostPosted: 11:14 - 07 May 2015    Post subject: Reply with quote
But this is the Bank of England guys. The institution which is "independent" from government whose data are used to inform world financial affairs.

This "error" gave a huge, erroneous boost to national and international political confidence in the British (Tory) Government in the run up to the election.

More appalling is that this is barely being reported in the UK press today, no BBC, only Telegraph, Times, etc.

Foreign investors are pretty pissed off according to foreign news reports. Yet all quiet on the home front. WTF?

Utter filth, no-one will be brought to book over this and the British public are left in ignorance.

The only funny thing is that they've blamed it on a clerical error, yet the Bank of England supposedly has some of the finest economic analysts in the world. Why did no-one question this huge spike in buying before it was published?

Answers on a postcard please.......
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nowhere.elysium
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PostPosted: 11:42 - 07 May 2015    Post subject: Reply with quote
mpd72 wrote:
It's sad, but Farage is right to say that British politics is negative and just a game of putting down the opposition rather than offering anything useful yourself. He described the Tory/Labour/LibDem approach as something like "vote for us, we're bad, but not as bad as the others, they're terrible".

With the top two being so close, they seem to spend the majority of the time slagging each other off rather than trying to achieve anything positive. Time for a change...
Agreed, but Farage isn't the answer. He's both monomaniacal and under-informed about a lot of things and his party is largely comprised of people who are in danger of howling at the moon.
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Rogerborg
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PostPosted: 11:54 - 07 May 2015    Post subject: Reply with quote
nowhere.elysium wrote:
Agreed, but [Cameron|Miliband|Clegg|Sturgeon|Murphy|that Auzzie tart] isn't the answer. [He|she]'s both monomaniacal and under-informed about a lot of things and [his|her] party is largely comprised of people who are in danger of howling at the moon.

Matter of perspective, chap.
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nowhere.elysium
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PostPosted: 11:56 - 07 May 2015    Post subject: Reply with quote
Rogerborg wrote:
Matter of perspective, chap.
True. I was only answering the initial point though, not expounding on fundamental truths about our political system Laughing
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nowhere.elysium
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PostPosted: 15:14 - 07 May 2015    Post subject: Reply with quote
mpd72 wrote:
....And yet have taken the poll on this forum by some margin.

I wouldn't trust most people on BCF in power, either Laughing
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nowhere.elysium
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PostPosted: 15:29 - 07 May 2015    Post subject: Reply with quote
mpd72 wrote:
A BCF'er is probably more trustworthy than your average politician though.
That's not saying much - the Myra Hindley babysitting service is more trustworthy than your average politician.
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Rogerborg
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PostPosted: 20:20 - 07 May 2015    Post subject: Reply with quote
unitynotsocrippledatmo wrote:
National official debt 2009......600 billion.

Now................1600 billion plus!

The escalation in the rate of increase is showing signs of not rising as fast though.
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Polarbear
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PostPosted: 21:54 - 07 May 2015    Post subject: Reply with quote
mpd72 wrote:
unitynotsocrippledatmo wrote:
National official debt 2009......600 billion.

Now................1600 billion plus!


You do understand that it will keep on increasing until at least the entire deficit is cut? The deficit that is coming down under the shiney faced one's party and will probably increase again under punchy face mans party?


It means jack shit except for another way to keep the masses in line.

Does anyone even think America is even going to pay off its deficit. Does anyone think we are? Austerity is a wonderful tool to keep people downtrodden.

The only reason the EEC is sso against Greece defaulting is that when everyone else see'e that it won't result in mass starvation or the Chinese moving in, they will say, why are we flogging ourselves to death to pay back.
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mentalboy
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PostPosted: 23:03 - 07 May 2015    Post subject: Reply with quote
On a positive note, these incorrect figures probably go some way towards explaining the recently rising strength of the pound against the dollar - most useful when one is converting one's pond's into greenbacks Mr. Green
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hellkat
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PostPosted: 09:43 - 08 May 2015    Post subject: Reply with quote
nowhere.elysium wrote:
mpd72 wrote:
....And yet have taken the poll on this forum by some margin.

I wouldn't trust most people on BCF in power, either Laughing


Oi.
I'd be a fair and decent dictator, me.
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Mudshark
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PostPosted: 14:37 - 08 May 2015    Post subject: Reply with quote
unitynotsocrippledatmo wrote:

Unfortunately........he's been left holding the bomb thanks to the Scots Nat's.


nah, another 56 seats would have made no difference to wallace
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