Inequality could cause American Spring

While Obama is trying to find ways to fix the US economy, there is a growing gap between the haves and have-nots. Hundreds of Americans turned up recently in New York to protest Wall Street greed. Some predict that this could be the beginning America's own Arab Spring. David Degraw, author and journalist, shares his own opinion with RT's Kristine Frazao.

Follow Kristine on Twitter at http://twitter.com/Frazzie

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[Tressco]

Doesn’t matter if you vote ‘em out! They’ll get top-jobs & the next line of puppets gonna do the job of exploiting the nation like a rabid slave master as well as the old ones.

It’s Diebold 2012 anyway for the United States of Banania...

[petersz98]

@iamthereorhere

Americans need to overthrow the junta in Washington. Kick the useless bums out of Congress arrest the criminal banksters! Create a People's party to replace the corrupt and useless Republicrats!

[GNut1980]

what the hell is this chick talking about?shes a true sheep

[firstonethrough]

@petersz98 Taxes of millionaires is a good idea, but core structural problems are also beyond the banks - the unions are true political bribery. US Post office have contracts that they cannot be fired. The unions are huge blocks of votes that no politicians will fight.

- institute term limits

- no municipal or federal union contracts can include a no-fire clause

- limit banks size / allow bank failures

- 80% overhaul thru spending cuts; 20% thru tax increases

[firstonethrough]

@petersz98 Taxes of millionaires is a good idea, but core structural problems are also beyond the banks - the unions are true political bribery. US Post office have contracts that they cannot be fired. The unions are huge blocks of votes that no politicians will fight.

- institute term limits

- no municipal or federal union contracts can include a no-fire clause

- limit banks size / allow bank failures

- 80% overhaul thru spending cuts; 20% thru tax increases

[firstonethrough]

This government decided to pay out 100 cents on the dollar to the banks in 2008 - it was outrageous and the banks would have been willing to take 60 cents or so - costing taxpayers tens of billions of dollars.

Weeks later people made a sham protest of yelling at the bankers for making millions and looking like they were fighting the good fight. Ridiculous. Everyone should have been forced into the same haircut.

[bxm042]

@CullenDoherty There is no evidence to suggest that busting the trusts between 1905-1910 played any significant role in improving the lives of the workers. I'm not saying it wasn't good to break up these monopolies; I'm just saying it was fairly inconsequential to the average worker. On the other hand, FDR's aggressive keynesiansm, and debt accumulation, and inflationay boom & bust cycle that increased the severity and duration of the great depression. Things Ron Paul understands and can fix.

[CullenDoherty]

@bxm042 Ron Paul is no different. He wants to revert us back to where we were before Teddy Roosevelt bust the Trusts that choked the working man in the early 20th century. The status-quo won't change with someone living in a fantasy world in charge.

[bxm042]

The Tea Party was a joke. They're just as for the status quo and global banks as everyone else. So are the demopublicans.  The ONLY exception is Ron Paul, probably our last chance to save this country

[jeisenstark1]

New York has never accepted the tower of babble philosophy which imparts information (mainly soothing based culture), is facts and figures and outside of the mainstreem, Once informed they would probably accomplish something. This is dangerous to the mainstream, "Wall Street and Main Street". Obiovusly, the financial center of a financial country is better inofrmed and could actually provide information not hype, No coverage!!!!!