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

Put main street before Wall Street

Put main street before Wall Street


America spends as much as every other country combined on their defense, yet the American people continue to suffer without jobs and hope. With Wall Street receiving record bonuses, what can be done? Professor and Economist Michael Hudson says the press and the media are not telling people that there is another alternative, put main street before Wall Street, it seems simple enough.

Corporate America screwing the little guy

Corporate America screwing the little guy

As the American unemployed continue to struggle, Wall Street is making record profits and shelling out huge bonuses. With the US government is spending billions on wars abroad but neglecting its own people at home the holiday season looks bleak. Economist Max Fraad Wolff says because so many people are without a job, the social division between profits and wages has tilted further towards profit

Mainstream media driven by profits, celebrities

Mainstream media driven by profits, celebrities


There is still a double standard between how the American mainstream media treats US officials and foreigners. Has the American press become too soft on its politicians or are they concerned with other things? Russ Baker says the American media owned by corporations are driven by profits and why they flaunt celebrities over facts

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.