Call My Guff

Time for the first episode of a brand new game show named as per the title of the piece. Which of the following three descriptions most accurately describes the term 'The BBC understands....'??

1) The BBC, being an organisation in receipt of several million pounds of public money via the license rip-off fee, has taken a wild stab in the dark at the most likely outcome and is hoping to pass it off as news.

2) The BBC has weighed a variety of possibilities and via a process of deduction and brilliance is able to exclusively reveal te following information from an informed and logical standpoint.

3) The BBC, an impartial and publically funded organisation, has been breast-fed the following information and is dutifully passing it on to you, the poor fee-paying schmuck on the reverse side of the looking glass.

Mudpuddlin Man understands that the BBC is a has-been (was a has-been? has been a was-been?)

All hail the several hundred alternative outlets for one's instructions on what to think and how to feel!