Americans support redistribution of wealth

Americans support redistribution of wealth


As the economic crisis has worsened in the United States, many are looking for answers but could socialism or communism be the answer? Activist Ron Gochez says Words like socialism and communism have been so stigmatized by the educational system that many people are afraid of those words. However, many studies have shown Americans support the redistribution of wealth but if you mention the socialism word they won't agree with it anymore."

Brazil example for US?

Brazil example for US?

There are many types of welfare all over the world yet few with such success as Bolsa Família in Brazil. Bolsa Família provides financial aid to poor and indigent Brazilian families on condition that their children attend school and are vaccinated. The President of Brazil, Lula de Silva has reached a level of popularity with his people unseen before, polling at an 83% approval rating.

NYC income gap reaches shocking peaks

NYC income gap reaches shocking peaks

Reports suggest the gap between those who are living the highlife and those for whom a struggle in the tough economy has become a full-time job has become greater that in India - a country where one third of the world's poor live. RT's Anastasia Churkina reports

US income gap, worst in developed nations

US income gap, worst in developed nations

As the shaky economy attempts to heal, a census report released shows the United States has the worst income gap ratio out of all the westernized countries in the world. In this day and age where more Americans are using food stamps, how are some profiting so much? Nomi Prins says there have been fewer jobs, which means less income for people which lead them to fall into poverty levels. Coupled with a rise in increased costs the income gap will only get worse.

Venezuelan election an ideological dispute

Venezuelan election an ideological dispute


As the election wraps up in Venezuela, many start to speculate what the election results mean for the future of Venezuela's political system. Although the government's party, the United Socialist Party, did not gain the 2/3 majority they needed to sustain authority over key decision making in the country, they still grabbed over 90 seats and the opposition took over 60 seats out of 165. While the opposition claimes a victory, the Chavistas of the country, supporters of President Hugo Chavez insist their ideology, known as the revolution, will remain.

The Resident: Poverty in America

The Resident: Poverty in America

The Resident asks people on the streets of New York City: About 44 million Americans, or 1 in 7, live below the poverty level. What or who is to blame?

Gerald Celente: US Economy = Depression

Gerald Celente: US Economy = Depression


Famous investor and billionaire George Soros referred to the US economy as "blah," saying he expects a further slowdown. US President Barack Obama has insisted however that the US economy is heading in the right direction. Gerald Celente, the director of the Trends Research Institute said the economy is not just blah, it's in a depression. It's the summer of the greatest recession," he said.

US poverty: From bad to worse?

US poverty: From bad to worse?

US President Obama is pushing forward plans to double the country's exports in the next five years. The move, that could generate two million jobs, comes amid hopes that the country is finally pulling out of the depths of recession. But with the number of Americans facing poverty at a 50-year high, millions are still fighting for survival. RT's Lauren Lyster reports from New Jersey about the everyday hardship that Americans must face.

Poverty: The American nightmare

Poverty: The American nightmare


One in seven Americans now live on or below the poverty line, according to figures published by the US Census Bureau. It is the sharpest annual rise for three decades, and analysts predicted next year's figures will be even worse. Rev. Graylan Hagler says that as a Pastor he sees people who have been gainfully employed their whole life and are now suffering due to the slumping economy.