CAPITAL PUNISHMENT

Rising London property prices bringing misery to millions

 byHARRY BLACKWOOD

ONE of the most accepted signs of madness is hearing voices inside your head. These voices generally tell the affected person to do irrational things that could be easily described as mad.

Well, all over the country - but especially in London and the South East of England - there are people who are very obviously mad. There are voices in their heads that are telling them that now would be a good time to buy a house. As crazy as it sounds, they are doing precisely that. It's madness of the type that affected The Dutch in the 17th century when tulip mania gripped the country and tulips were changing hands for thousands of pounds.

The UK equivalent of this form of madness can be seen every day on the streets of London where very ordinary houses are changing hands for more money than the average person will earn in a lifetime. What's more, this gross stupidity is belong encouraged by the government with the BBC, as usual, acting as chief cheerleader.

The government wanted to create a housing bubble in a desperate attempt to mask the dire state of Britain's economy, but they saw that there was a major problem: lenders unwilling to grant mortgages much above 80% and potential buyers being unable to save the massive amount of cash required for a deposit. Enter stage far right the Help to Buy Scheme.

BBC: BLUFF. BLUSTER. CENSORSHIP.

HARRY BLACKWOOD reports that even the BBC switchboard operators are doing the bidding of The Establishment.

REMEMBER the days when the BBC was synonymous with balanced coverage, impartiality and good reporting? Well, you must be very, very old.

Sadly, those days are long gone, but there's one thing that's absolutely certain; it's going from bad to worse. The best illustration of how the BBC simply trots out endless piles of propaganda on behalf of the powers that be, can summed up in just one word. It's the ECONOMY stupid.

For the last few months, we have endured a regular diet of good news from the BBC. Unemployment down. Number of people in work up. Wages might start to rise ... soon. House sales picking up.

It's been endless good news about the economy. Britain is booming.

The impartiality machine must have been well and truly turned off at Broadcasting House. So blatantly propagandist has this nonsense been that the BBC may have just arranged for Government Ministers to do a PowerPoint presentation live on the news or civil servants reading out a press release on Blue Peter.

But I'm guessing they must have been getting complaints from those of us in the real world, because on Tuesday morning they pressed the reality check button and sent their business editor Steph McGovern out to talk to real people about the economy.

Guess what? Whole different ball game. Steph went to a market in Leeds and aside from a financial advisor whose interests it's in to talk up the economy, the consensus seemed to be that Britain's economy is going down the pan.