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08.04.2009, 21:04 4 comments

Americans wondering: Is this Socialism yet?

Following a decadent decade of market deregulation, fat executive paychecks (golden parachutes included) and blatant corruption, capitalism is now forced to go begging for handouts. Is this socialism?

15.01.2010, 12:17 5 comments

Obama’s bank tax is chump change - Celente

The tax on banks proposed by Washington guarantees Wall Street $US 4 trillion which means top banks will keep playing the same game in the future, economic trend forecaster Gerald Celente warned.

07.03.2009, 04:02

Crisis may open up revolutionary road for Ukraine

The credit crunch has left no corner of the globe untouched, but few places are suffering more than Ukraine, where the economy is on the brink. Some media describe the mood as pre-revolutionary.

AFP Photo / Leon Neal 29.03.2009, 06:25

London protest sparks fears of riots

Some 35,000 protesters have marched in London prior to next week's G-20 economic summit in the city.

12.11.2009, 05:53

Obama administration quiet on Wall Street bonuses

The Obama administration has done nothing since 2008 with the respect to how year-end bonuses to Wall Street traders are geared. They need to step in, Heather Lowe, Legal Counsel for Global Financial Integrity, told RT.

05.06.2009, 15:33

“Risks still there” – Medvedev’s aide on crisis

“It is in the hands of governments to avoid a second wave of the crisis. But this will also require coordinated efforts by the governments of the key countries,” said presidential aide Arkady Dvorkovich.

20.04.2009, 13:03 7 comments

Crisis as a way to build a global totalitarian state

As the world financial and economic crisis comes into its own, the Western community leaders are seeking to impress on mankind the idea that this upheaval will end up ‘turning the world into something different’.

02.07.2010, 15:59 28 comments

US slaps new sanctions on Iran, Iran targets Coca-Cola

Hot on the heels of UN Security Council sanctions against Iran, US President Barack Obama has signed yet another document imposing even tougher penalties against Iran for its alleged nuclear weapons program.

President Dmitry Medvedev gives TV interview to Channel One. 11.10.2009, 13:00 4 comments

Russia has “unacceptably high” levels of poverty – Medvedev

“Crisis or no crisis”, Russia’s budget must continue to fund social programs until acceptable standards of living are achieved, President Dmitry Medvedev said during an interview with Russia’s Channel One.

27.02.2010, 18:51 6 comments

Did the US Federal Reserve finance Saddam Hussein’s weapon purchases?

As Congress debates legislation to make the US Federal Reserve less secretive, Republican Ron Paul said the Bank loaned Iraq billions of dollars to buy US weapons in the 1980s.

Is American dream over?

Published: 10 April, 2009, 14:22
Edited: 15 September, 2010, 01:36


Anti-capitalist and anti-war protesters demonstrate outside the New York Stock Exchange on April 4, 2009 (Mario Tama / Getty Images / AFP)

Fewer Americans believe in the capitalist system – that’s the result of a new survey. Only slightly more than half of those who were asked, said the free-market economy is what the country needs.

 
3 COMMENTS
mfurphy April 10, 2009, 11:33 quote
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I don't believe that the American Dream is over...in fact, it couldn't be farther from the truth. The protests being covered are from the left wing media who want the government to take care of them instead of getting off their lazy butts and working for a better life. Americans have forgotten what JFK said, when he said, "Ask not what your country can do for you, ask what you can do for your country." Contrary to your article, demonstrations are to take place on April 15th, to tell our government to stop the unneccessary spending that Barack Obama and his democrats in congress and the senate are doing. We, as a nation, want Americans to succeed, by hard work, entreprenuership,etc. We are tired of dolling out the dollars to those that are too lazy to go out and make a good living for themeselves. We are tired of supporting illegal immigrants with our hard earned tax dollars. NO, the American dream is not over. Far from it. The problem is that the left wing media reports on what they want to report on, not on the TRUTH! Obama took his first stimulus package, over 1000 pages of this bill and gave those in congress very little time to read it. That stimulus money went back to those who supported him for his election, the union workers, and the people who voted for him not on his merits, but his charisma. Americans are waking up and taking to the streets to try to stop this ridiculous spending spree he has gone on. Only the lazy, the hard left, and the radicals are the ones getting the coverage in our biased media. For the most part, Americans want to achieve great financial success through hard work, not government handouts. The national bank, ( the bank set up explicitly for the house and senate) had to close for a brief period of time due to bad check writing by our own government. How can they expect Americans to support their agenda in wanting to take over privately owned businesses, when they cannot even balance thier own checkbook. It's a disgrace and the American Revolution is on it's way! We believe in capitalism as a whole, that's what has made this country great. We don't need politicians who cannot even take care of their own personal finances to do it for us. As an example, our own treasury secretary, Tim Geithner, hadn't even paid his own taxes. The Obama administration is a disgrace to America. His recent overseas trip was nothing but apologizing for America. We have nothing to apologize for. It was also a disgrace that he bowed to the Saudi King. America bows to no one! We are proud, and we are strong, and we plan to take America back to the great country it once was.

nick April 13, 2010, 08:12 quote
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I was going to post something, put mfurphy covered it. Amen man.

Ian Carisi September 14, 2010, 16:11 quote
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Why do we have an economic system that allows a pilot to be paid less than a manager at Taco Bell? - Michael Moor We need to re-regulate the banking and airline industry. No politician should be allowed to hold any office (Cumulative of all offices) for a period of not more than 5 years. Ultimately, I am an American living and working in Russia. Enough said. The USA is going to collapse, just like the USSR. No superpower has lasted forever. The USA's days are numbered.

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