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Barack Obama addresses a Joint Session of Congress at the Capitol in Washington on February 24, 2009 (AFP Photo / Saul Loeb) 25.02.2009, 13:11 1 comment

Obama promises economic recovery

Barack Obama said it will take time, but the U.S. economy will recover from its crisis. The economy was the main topic of the president’s first address to a joint session of the U.S. Congress.

20.02.2009, 19:55

“Living within means"

In the current situation it is difficult to satisfy financial needs of both the financial and non-financial sectors of the economy, so cutting expenses is the only answer to the crisis.

15.03.2009, 12:41

Consensus at G20 Finance Minister meeting shaky?

Finance ministers from the world's top 20 economies have pledged to take ‘whatever action is necessary’ to tackle the global credit slump.

Illustration by Chris Angrisani
02.07.2009, 05:30

California declares fiscal emergency

As the U.S. has begun a new fiscal year, the state of California has failed to balance its budget, which now has a 26.3 billion dollar deficit. Governor Arnold Schwarzenegger has declared a fiscal emergency.

23.06.2009, 10:39 14 comments

Is Obama a Wall Street project?

Webster Tarpley, journalist, radio host and critic of the Obama administration, reveals to RT who he thinks really rules the United States.

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’.

15.09.2009, 09:36 6 comments

BRIC to call the shots in post-crisis world

The past year of economic decline has seen Washington’s influence on the wane, as well as London’s, and the way is now open for other countries to decide policy. Among them: Russia and her BRIC colleagues.

05.10.2009, 16:52

US economy: “living on borrowed time”

US economist and author Max Wolf says the American economy is a ticking time bomb, and there is no telling when it will go off. RT caught up with him in New York to talk about the subject in more detail.

28.02.2009, 21:39 4 comments

Expert predicts Eurozone collapse

Hayman Advisors LP, famous for its mortgage crisis prediction, now is warning of the imminent collapse of the European monetary union.

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?

“President Obama needs to stop picking winners and losers”

Published: 10 December, 2009, 02:13
Edited: 27 December, 2009, 17:34


Barack Obama (AFP Photo / Saul Loeb)

We aren’t letting failed enterprises fail and are not letting the free market work its way. Bush did it, and now Obama is doing it. He is picking winners and losers, US author Timothy Carney told RT.

 
1 COMMENT
craig rogers December 26, 2009, 20:54 quote
0

I have one thing to say to the American people.Impeachment!!!!!!!!!!!!!!!!!!!!

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