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<?php
add_filter( 'default_content', 'add_default_content' );
function add_default_content( $content ) {
  global $post_type;
	switch ( $post_type ) {
		case 'post':
			$content = "<p>This will be the first paragraph of all new BLOGPOSTS. I am adding a default paragraph. You can add any HTML code or text.</p>";
			break;
		case 'page':
			$content = "<p>This will be the first paragraph of all new PAGES. I am adding a default paragraph. You can add any HTML code or text.</p>";
			break;
	}
	return $content;
}
?>