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Poor Daily Mail - having to find positives in negative news

(37 Posts)
sorenofthejnaii Wed 06-Jul-16 18:58:02

So last week it was just saying that the fall in the pound was a blip. Nothing to worry about.

Pound's gone down again. The DM is getting worried now.

FTSE going down and up and down again.

How does a paper that called the economic predictions Project Fear talk about the economic effects without saying the predictions may well have been accurate?

NoahVale Wed 06-Jul-16 19:00:15

i know, they ignore it, concentrate on Bad Jeremy Corbyn and Bad Tony Blair

NoahVale Wed 06-Jul-16 19:00:28

oh and call it Brexit panic

NameChanger22 Wed 06-Jul-16 19:02:19

It's never been what you'd call an honest or accurate newspaper. I don't think they have a problem continuing the lies.

NameChanger22 Wed 06-Jul-16 19:02:41

It's never been what you'd call an honest or accurate newspaper. I don't think they have a problem continuing the lies.

CoteDAzur Wed 06-Jul-16 19:06:11

The "Blip".

sorenofthejnaii Wed 06-Jul-16 19:13:32

It's the comments that get me. Last week they were all going on about it being a blip and this week they are annoyed.

Maybe if they don't report it, it won't be true?

NoahVale Wed 06-Jul-16 19:15:49

i have looked but please dont make me look again <<at the Daily Mail>>

wowfudge Wed 06-Jul-16 19:21:16

I find their slant on things interesting - know your enemy and all that - and usually laughable too. People believe it though.

ThoraGruntwhistle Wed 06-Jul-16 19:22:40

I was just reading their report on what they called the 'march against democracy' angry

GraceGrape Wed 06-Jul-16 19:37:04

The DM had totally spun Mark Carney's speech yesterday to make out that he was just deliberately being gloomy because he was trying to prove a point about his predictions before the referendum. As if the Governor of the Bank of England actually cared more about proving a point than stabilising the national economy!! The comments page was full of calls for his resignation, whereas most other people's opinion seems to be that he's the only person in authority talking any sense at the moment.

It's hard to judge how much of the electorate actually share the view of your average DM reader though. The paper does seem to have a worrying amount of influence. The Tory party seems to be setting its Brexit agenda based on the comments section!

CoteDAzur Wed 06-Jul-16 19:47:49

"to make out that he was just deliberately being gloomy because he was trying to prove a point about his predictions before the referendum."

If that were the case, I believe he would NOT be saying that BoE has a £250 billion war chest ready to support the markets with on 24 June, when Brexit was announced and both the Pound and FTSE had jumped off a cliff hand in hand.

sorenofthejnaii Wed 06-Jul-16 19:49:45

One thing is for sure - if ever teachers wanted to discuss media spin, then this is the perfect time to do it.

Just give different groups of pupils the reporting of the same story from different perspectives and see what they think has happened.

Figmentofmyimagination Thu 07-Jul-16 06:03:37

The daily mail is the world's most visited website. It doesn't just lead us - it reflects us (well not all of us, but the majority) - in all our grasping, small minded, instrumental, unimaginative, fearful, lazy, gullible awfulness.

Figmentofmyimagination Thu 07-Jul-16 06:10:57

Let's not forget that this ghastly paper has form.

In the 30s it was a proud cheerleader for the fascists - with its famous headlines including "hurrah for the blackshirts' - and even gave away tickets to Mosley's famous Olympia event that descended into violence. The pairs of tickets were a prize in the paper's reader competition for the best entries completing the sentence "I love the blackshirts because..,".

Nothing changes. Vile.

CoteDAzur Thu 07-Jul-16 10:39:03

I did not know that shock

Figmentofmyimagination Thu 07-Jul-16 10:49:53

Yes well, you can read all about it in Martin Pugh's history of fascism in the UK - "Hurrah for the Blackshirts - Fascists and fascism between the wars".

Not a past they like to dwell on.

BengalCatMum Thu 07-Jul-16 11:01:00

Obviously there will be economic turmoil, anyone who doesn't think so is crazy.

But in that diagram you do need to take into account the significant rise before the 'blip'; which was due to Barclays gambling £100 Billion on a Remain win; and everyone thinking they would make a fortune.

So some of the blip after was because everyone thought that was it; Barclays had fucked it all, and the UK economy was screwed.
Somehow we are still floating along - no idea how though with this recklessness allowed by banks.

The instant 'blip' you illustrate is worth about £200 Billion.
So yes, a large majority was Brexit, but a large majority was also the fuckity fucker bankers.

CoteDAzur Thu 07-Jul-16 13:22:14

"rise before the 'blip'; which was due to Barclays gambling £100 Billion on a Remain win"

I would like to read more about this fact, if that is indeed what it is. Please provide a link.

Figmentofmyimagination Fri 08-Jul-16 07:25:27

Here's how they get away with it.

Mistigri Fri 08-Jul-16 07:37:57

Barclays gambling £100 billion on a remain win

I think bengalcat just plucked that one from her arse, as a Google search finds nothing, not even from the conspiracy theorist websites.

JudyCoolibar Fri 08-Jul-16 12:41:25

Bengalcat, the simple fact is that for a long time the pound had been bumping along at around $1.46, with the referendum result it went down to around $1.33 and stayed there, and currently looks like it's going down again. The alleged blip is completely irrelevant to that fact. Denying the evidence helps no-one.

jellybeans Fri 08-Jul-16 12:44:57

They did the same after tax credits cuts etc. Didnt even mention it.

BengalCatMum Sat 09-Jul-16 02:27:04

Here go guys...
I will admit, they hushed this one pretty quick... was mainly being covered on night of actual referendum counting by various sources but has barely been mentioned since.

If you hate express then feel free to find another source, but I cannot be bothered to go around supplying x no. of sources at once to please peoples biases.

I never make shit up,

BengalCatMum Sat 09-Jul-16 02:30:45

Judy it will also continue to fall until a final decision is made.

Uncertainty is the main reason for 'falling'

Stay is not a final answer (only a delay to leave)

Leave is the only final answer.

It will not stop falling until after we leave the EU and a period has passed of stabilisation

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