VERSIONS: روسيا اليوم NOTICIAS FREEVIDEO ИНОТВ RTД
breakingnews
Go to main page   USA   News   US Treasury slips into the red announcing $13 trillion debt  
MORE ON THE STORY
05.08.2009, 23:09 5 comments

“Dollar’s future unstable”

The dollar’s role as the world's main currency is over and its future is unstable, says author and journalist Webster Tarpley.

29.01.2010, 16:53 2 comments

Russians forced to put hands deeper in pockets for statutory fees

On Friday, amendments to the Tax Code boosting the price of some governmental services two or even fourfold become effective, brining an estimated additional 30 billion Roubles, or about $1 billion, to Russia's budget.

29.04.2010, 17:35 7 comments

Era of confrontation with Russia over– Ukrainian President

On Thursday Dmitry Medvedev and Viktor Yanukovich signed the bill ratifying the agreement on Russia’s Black Sea fleet in Ukraine.

US President Barack Obama(L) and Russian President Dmitry Medvedev make their way from the stage following a joint press conference June 24, 2010 in the East Room of the White House in Washington, DC (AFP Photo / Mandel Ngan) 24.06.2010, 23:02 1 comment

Russia-US relations are not all about security – presidents

Russia and the US have some disagreements, but neither side will let that get in the way of a strong working relationship – that was the message from Dmitry Medvedev and Barack Obama, who held a joint press conference.

Medvedev-Obama
16.10.2010, 01:30 16 comments

Socialism vs Capitalism in America

The tide of fear against Socialism is on the rise in America. At a time when the economy is so rough, why this debate over capitalism vs. socialism?

21.10.2010, 22:14 3 comments

"EU may waste money of member states” – analyst

The European Parliament has voted for a budget increase that would cost UK taxpayers an additional 900 million pounds next year.

17.11.2009, 04:51 14 comments

US starving – or not?

It may be hard to believe, but the richest country in the world is struggling to put food on the table. Is it the result of the financial crisis, or simply government mismanagement?

23.10.2010, 00:52 7 comments

US on collision course with economic ruin

Finance ministers from the G-20 nations will meet in South Korea to address the global financial crisis. US Treasury Secretary Timothy Geithner is expected to push his plan aimed at rebalancing the world economy.

23.10.2010, 02:59 5 comments

Statistics highlight an American empire in decline

The US has long regarded itself as an exceptional nation, a beacon of democracy and progress throughout the world. Yet the statistics don’t exactly match the rhetoric.

29.07.2010, 03:51 6 comments

US government needs to spend wisely

While the American people are struggling economically, the Obama administration is missing or spending insufficiently billions of tax dollars.

US Treasury slips into the red announcing $13 trillion debt

Published: 04 June, 2010, 13:14
Edited: 06 June, 2010, 23:55

(24.4Mb) embed video

TAGS: Crisis, Politics, USA, Big deal, Economy


The US government has poured $10 trillion into Wall Street in various forms of loans and purchases. So actually the public debt is quite small compared to what the US did to Wall Street, author Les Leopold told RT.

But that is not the issue, the author of the book “The Looting of America” says, claiming it is just a smokescreen for much bigger issues.

“There is a battle going on [at] a global level between sovereignty of the nation state and international community. It’s a very serious battle about economic policies are going to be set. Is it going to be set to please the markets or is it going to be set to please the needs of people of these various countries? And that is being played out right now.”

+21 (25 votes)
 
Back to top
next MORE NEWS
Contract workers hired by BP patrol the shore for oil to collect. June 3, 2010 in Dauphin Island, Alabama 04.06.2010, 08:48 4 comments

Russian company ready to plug product – into Gulf leak

In their latest bid to stop oil spilling into the Gulf of Mexico, British Petroleum has maneuvered a cap over the ruptured undersea well.

04.06.2010, 21:30 13 comments

“Conspiracies are spoiled borsch” – Bilderberg skeptic

The Bilderberg group, made of politicians, business leaders and other power brokers, are having a meeting in Spain. Some believe they are to set up a new world order, others don’t, but no one knows what’s on the agenda.

Vladimir June 06, 2010, 14:39
0

The Jewish bankers will eventually enslave all human beings on Earth. That is what it is all about. They do nothing but the same the mafia bosses do, omly at a much lower level. All tyrants throughout history used doing exactly the same: They have been living from taxes that the masses pay. Who will control US is a key issue now in a battle that is about who will control the whole world. My opinion is that either US is going to be controlled by Jew bankers, or it is going to be dismantled into 52 peaces. Grim are the chances for the US to survive. A new axes, Germany-Russia (supported by China?), might be that backbone that could stop the "globalists".

joseph walker June 06, 2010, 12:23
0

It all paper money,the consequences is only felt by the millions of humans who are manipuliated by the few and priveleged in society.Its govermets are just hollow empty shells of humans who are subservient to the rich and powerful These rich and powerful control its media and broadcasting.and its minions then bombarded they subjects with irrelevant garbage.Hence you have the walking dead.Prime examples take a look at English and American society.these walking dead are totally ignorant.Ask them an intelligent question ,and you will get a response of one walking in a zombie like state of mind.A vague and blank look of bewilderment,intelligent questions dont register in the brain dead.ASk the same person on a celeberity,they light up they full of admiration. and know everything.Well they got the priorities right.An ignorant society.

Jim June 05, 2010, 02:52
0

There is no single 'hidden power' controlling world events, but there are two unifying factors driving the course of world events - power and greed. The mechanism behind power and greed is of course money - especially the control of money. It is unfortunate that the vast majority of people can not, or are unwilling to, see the big picture. Millions of people are too concerned with the process of simply surviveing and putting food in thier mouths - these people are perhaps the biggest victims. Millions more people have been distracted and missled by the glitter and trinkets of consumerism, becoming 'willing' victims. Millions more simply don't care about the big issues - they are more concerned about trivia such as who wins the world cup to take an interest in geo-political issues. Those who are left, traditionally called the inteligentsia, are fed a cocktail of lies and missinformaton through the media - intended to confuse / mislead / distract - and ultimatly control them. Finally, those few who do see the big picture, and are brave enough to attempt to facilitate change, are at best marginalised (called activists, terrorists, conspiracy theorists etc), or at worst imprisoned, maybe even 'going missing'. So yes, the 'people' do hold the key, however few will ever realise that let alone get the opportunity to turn the lock.