Obama cuddles up to Wall Street

Obama cuddles up to Wall Street


In Washington DC, there are many relationships being formed between Wall Street and US politicians. Half way through President Obama's first term, what has he shown as a result of his economic policies with an economy still sputtering? Author Les Leopold says President Obama's Administration is filled with ex-Wall Street bankers, which solidifies the obvious; Obama has no intention of a Wall Street crackdown. He is going to let the largest banks get bigger, they are going to walk off with wild profits and bonus' and he is going to hope it doesn't crash on his watch

Peter Schiff: US dollar has lost its strength

Peter Schiff: US dollar has lost its strength


As Russia is set to receive a huge economic boost due to the announcement today that they will host the World Cup in 2018, the United States is still suffering from a sluggish economy that is not producing jobs. At the height of the financial crisis, major financial institutions needed a bailout from the US government but the US yet to impose stricter financial regulations, weakening the US dollar

Congress leaves unemployed Americans in the cold

Congress leaves unemployed Americans in the cold

Hundreds of thousands of Americans will see their federal unemployment benefits expire this week, and millions more by the end of the year, just in time for the holiday season. Economist Max Fraad Wolff says there is a lot of room to cut the deficit instead of these benefits, starting with military which spends more than half the world's defense budget

US Congress refuses to extend unemployment benefits

US Congress refuses to extend unemployment benefits


Extended unemployment benefits for nearly 2 million Americans begin to run out Wednesday, cutting off a steady stream of income and guaranteeing a dismal holiday season for people already struggling with bills they cannot pay. Daniel Vision from the National Inflation Association says the United States economy will never recover as long as the government continues to distort the economy with economic programs like cash for clunkers.

Austerity coming to America

Austerity coming to America


The 2009 stimulus plan was supposed to get the US economy back on track, however almost one year after Congress passed the Recovery Act the US is still struggling to get its finances back on track. While Wall Street is back to normal, everyday Americans are seeing high numbers of unemployment and home foreclosures. As the stimulus fails, could the US see European style austerity measures?

Raw Video: Leaders Agree Ireland Bailout

Raw Video: Leaders Agree Ireland Bailout


EU nations agreed an 85 billion euro bailout deal for Ireland on Sunday to help the debt-struck country with its banking crisis, and sketched out new rules for future emergencies in an effort to restore faith in the euro. (Nov. 28).

Gerald Celente: "Scenario set up for next war"

Gerald Celente: "Scenario set up for next war"


The Federal Reserve has decided to invest $600 billion into the United States economy in order to spur growth. Gerald Celente from the Trends Research Institute says the US government is ruining the country by causing a trade war, devaluing the dollar and driving the country into poverty

Ralph Nader: Corporate socialism runs US government

Ralph Nader: Corporate socialism runs US government

With midterm elections in the US about to begin, RT has spoken with 4-time presidential candidate Ralph Nader about the real powers that govern America. Ralph Nader does not belong to either of the two parties ruling Congress. Nader believes that Theodore Dreiser put it very well many years ago, when he said that "the corporations are the government".





All people of all nations need to realize the bankers and leaders of our governments are all sold out and are trying to enslave us (not all, most don't even know but are just greedy). They want a one world government. They take control of the central bank in your country, then inflate the currency over time so that the people never realize that they're getting poorer. Poorer people makes higher crime rates and others

2 years of economic doom, is the future clearer?

2 years of economic doom, is the future clearer?


As the US marks the second anniversary of Lehman Brothers bankruptcy - the biggest in US history, the economic outlook continues to look grim. RT's Anastasia Churkina looks at what America has been through since the collapse and what could follow next.

US economic outlook 'clouded'

US economic outlook 'clouded'


was exactly 2 years ago today that Lehman Brothers filed for bankruptcy when it could not find a buyer and the US Government would not bail out the company. So, what has changed to ensure that this will never happen again? Unfortunately, the United States financial forecast is still cloudy two years after the collapse of Lehman Brothers.