Debt: Greece vs California

Link TV, Global Pulse by Erin Coker, Evelyn Messinger | Apr. 16, 2010 (News Analysis)

(Video) A question being hotly debated by bloggers: who is buried in worse debt, Greece or California? News reports lean towards Greece as the real basket case, while TV news loves any reason to show video of Arnold Schwarzenegger. Both Greece and California are cutting deep to balance the books, and their people are hitting back with protests and anger. Will either receive a bailout, or are they both doomed to default? For this special News Hunt episode, we'll ... Full Story »

Posted by Fabrice Florin - via David Fox (f), Joey Baker (f), Phylora Uppman (f), Jon Mitchell (f)

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Jon Mitchell
3.6
 by Jon Mitchell - Apr. 22, 2010

As media analysis, this is great. It's very cool to be able to watch a 5 minute video and get this comprehensive a picture of what the cable and satellite networks are saying. As a substantive comparison, it suffers from not featuring any independent research, but the comparisons of the MSM information reveal some interesting similarities and differences between the Greek and Californian debt situations.

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