The stock market had a wild ride this week. It was more like a bucking bronco than a way to save and invest your hard earned money. The market seems to have turned into a violent casino, only the Wall Street sharks and short sellers will come out on top. Riots in the UK are so out of control that the British government is thinking about spraying rioters with purple dye to identify them later. Never mind the reason why the people are upset. Do you think the severe cutbacks caused by banker bailouts have anything to do with the unrest? Thirty good soldiers died in a helicopter crash in Afghanistan. Many special operations personnel from seal team six were on board. Also, gold hits all-time highs at more than $1,800 per ounce. Those stories and a lot more are on the “Weekly News Wrap-Up” for Friday August 12, 2011.
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.