Tuesday, January 15, 2008

Replace reporters with a betting index

There has been much critisism of the BBC over the amount of people that are covering the US Primaries and of journalists getting the results wrong in New Hampshire.

But replacing them with a betting index?

This post though perhaps goes a little too far



Why should the BBC spend so much on reporting on the Democrat and Republican primaries, when it can just quote the betting prices, in the same way it mentions the FTSE 100 index? In principle, such prices should convey all available information about Clinton's, Obama's or McCain's prospects cheaply and efficiently, saving the huge cost of having a mob of reporters over there. When the Beeb is trying to cut 2500 jobs, you'd think it'd seize upon an obvious way of saving money whilst still telling viewers and listeners what they need to know.

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