Monday, May 10, 2010

Comments and Questions for the Media on Greek Debt Reporting.

   Much of the coverage from the Greek debt problems has been good.  On the other hand . . .
   We do not need journalists or reporters telling us that the austerity measures will be tough.
   The austerity measures are already tough. We have been working to change the situation to the positive since the beginning of the new administration and as each new truth on depth of the problem came forward.
   The Euro has not been "a long term currency", the Euro, like the EU, is still young and learning to flex her muscles.
    Nor have any of the many encouraging benefits from using the Euro been mentioned.
    Unfortunately, much of the conversation has to do with whether or not "The Market" would be pleased.
    Discussions about the place of regulation in the stock market, whether or not speculators or investments have been acting ethically have not been obvious.
   A judgmental attitude as if Greeks were naughty sly children that have to be punished is often evident
   No discussion of the burden migrants fleeing wars have added and who is responsible for the care of the refugees.
   White collar crime – has it been mentioned?
   Tourism is the main income generator for Greece.  After listening to the media people are afraid to come to Greece, some even terrified. Who will take responsibility for those losses?
    The effect of trade deals made during the former information on the negotiations for loans from the EU are still mysterious . . .
(Thanks for Listening.)

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