The Alyona Show: Sunset over the US Empire

This weekend, Americans celebrated July 4, Independence Day, the greatest holiday in the country. But after 234 years, is the most powerful nation in the world beginning to go downhill? RT Correspondent Lauren Lyster joins Alyona to discuss the state of our economy and what the government plans to do about it.

In a Huffington Post  op-ed, Congressmen Ron Paul (Republican-Texas) and Barney Frank (Democrat-Massachusetts), although from opposing political parties, came together to plead the case for reducing US military spending. Alyona explains that the Pentagon budget for 2010 is $693 billion, more than all other discretionary spending programs combined. The two lawmakers claimed that it is irrefutable to them that if there are no cuts to defense, the American way of life will be substantially damaged. Alyona asks Laura Peterson from the National Security Program at Taxpayers for Common Sense, how long until Americans and the rest of the lawmakers will realize that we can no longer play global police?

Then, the national debt surpassed $13  trillion in June. A Pew Research poll shows 55 percent of Americans have seen a decline in their income since the Great Recession started, consumer confidence has dropped by 20 percent, and the markets took a plunge. Alyona asks are if we headed for a double dip, a third depression. Alyona discusses what the stock markets are indicating with Reason Foundation policy analyst Anthony Randazzo.

Later, US President Barack Obama met with Israeli Prime Minister Benjamin Netanyahu at the White House today. This photo opportunity shows that ties between the two countries remain strong, despite several incidents. Alyona asks, is US-Israel bond unbreakable? And if so, will it at some point break America? Alyona talks to Adam Shapiro, a board member of the Free Gaza Movement and Jonathan Schanzer, Vice President of Research at the Foundation for Defense of Democracies.

Finally, a new documentary, “Please Remove Your Shoes,” shows the shocking lack of oversight, planning and leadership within the Transportation Security Administration. The documentary says that the TSA's corrupt management knowingly exposes the US to terrorist attacks, and protects itself more than it does travelers. Alyona talks to the director, Rob Delgaudio and asks, why won't Congress reign in the federal agency they themselves created after September 11?