No big deal, but this caught my eye. Notice the phrase, “may not be able to borrow the funds they need to finance their government spending”. More accurate would be, “may not be able to borrow the funds they need to service their debts”. The propaganda comes in the framing of the situation, as already spun in the headline.
rkm
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TODAY’S HEADLINES
The New York Times on the Web
Wednesday, April 28, 2010– TOP STORIES –Europeans Fear Greek Debt Crisis Will Spread
http://www.nytimes.com/2010/04/28/business/global/28euro.html?th&emc=th
By LANDON THOMAS Jr.
Stock indexes continued to fall Wednesday as investors
wondered if Portugal, Spain and even Ireland may not be
able to borrow the funds they need to finance their
government spending.
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