Greece is back in the news again because it voted for tax hikes and government cuts to pay back the greedy bankers. It has been widely reported that this simply buys time. Many experts say Greece will default in time because the debt is simply too great. Speaking of debt, there is a battle raging between Democrats and Republicans over raising the debt ceiling some $2.4 trillion. It looks like when the battle is through in early August, Treasury Secretary Tim Geitner will be stepping down. Unemployment is still terrible, and Obama-care was upheld in the 6th Circuit Court. These are just a few of the stories talked about in the Weekly News Wrap-up.
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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.