Did BBC attempt to subvert Democracy?

On May Day 2008, last Thursday morning, local election polling day in wide parts of England and Wales, the giant and deeply biased British Broadcasting Corporation, once renowned for its independence, impartiality and the quality of its broadcasting, activated its huge network of national and local TV stations, radio stations and vast internet resources to publicise a section of the normally unremarked six monthly financial review by The Bank of England. The portion chosen for such huge publicity was a passage implying the worst of the credit crunch was past. Bank of England activities already undertaken since Thursday clearly show such is not the case, read here, here and here. New Labour has been clearly damaged by last Thursday's polling. If two formerly great national institutions the BBC and the Bank of England are now to be spared from a similar fate, parliamentarians must taken urgent steps to ensure nothing similar can ever happen again!