Citizen Action Monitor

How come stocks and Wall Street bank profits soar, while economy tanks and COVID corpses pile up?

There’s only one explanation – Federal Reserve is funneling trillions into financial markets. No 2642 Posted by fw, July 16, 2020 “Amid all of this death and economic devastation, the … Continue reading

July 16, 2020

In Trump’s America – Senate Republicans refuse to back workers’ pension protection bill

Futures of 1.3 million workers and retirees hang in the balance with many facing retirement in fear. No 2588 Posted by fw, February 16, 2020 “Glen Heck spent 28 years … Continue reading

February 16, 2020

Gallup poll finds 90% of Americans satisfied with life – While Fed Gov finds 1.5 million students homeless

Most satisfied are high-income households, Republicans, married adults. While other studies expose mounting inequality and social distress. What gives? No 2578 Posted by fw, February 6, 2020 Satisfied: Story Highlights … Continue reading

February 6, 2020

Trump brags he has been good for the economy; Nobel laureate says nothing could be further from the truth

Nobel laureate in economics, Joseph Stiglitz, has the evidence to prove he’s right, and that Trump is “BIGLY” wrong. No 2573 Posted by fw, January 20, 2020 — “It is … Continue reading

January 20, 2020

Corporate media claim record inequality and rising corporate profits equals “Strong Economy”

Corporate news outlets cherry pick performance measures to hype a “strong economy” while downplaying precarious plight of working class. No 2550 Posted by fw, November 26, 2019 — “Last month, … Continue reading

November 26, 2019

Parasitic system drives US stock market to record highs. Ruling class will stop at nothing to expand its wealth

Workers’ wages and working conditions decline, life expectancy falls, drug overdose grows. System reform impossible. No 2360 Posted by fw, August 26, 2018 “Since its low point on March 9, … Continue reading

August 26, 2018

A decade ago George Carlin hilariously ridiculed “The American Dream”

Today it’s comedian Lee Camp’s turn with a sobering take on America’s 8 most important Myths. No 2337 Posted by fw, July 26, 2018 “No society should function with this … Continue reading

July 26, 2018

“We’re going to see this economic system spinning out of control and destroying itself” Richard Wolff

We’re besieged with economic and political theatre, anything to distract us from confronting an economic system that doesn’t work for the majority. No 2195 Posted by fw, April 3, 2018 … Continue reading

April 3, 2018

US looking more and more like a developing country, says MIT prof

80 percent of population in debt, anxious about job security, besieged by crumbling infrastructure. No 1944 Posted by fw, April 27, 2017 “America is regressing to have the economic and political … Continue reading

April 27, 2017

The President who wowed Canada’s Parliament fails to impress Canadian professor

“President Barack Obama, the Nobel Peace Prize laureate, has failed to live up to the promises he made and the hopes he raised.” No 1723 Posted by fw, July 11, 2016 … Continue reading

July 11, 2016

How Wall Street transformed America into a kleptocracy, a nation ruled by “blood-sucking leeches”

“The most corrupt era in American history” captured in Michael Hudson’s new book, Killing the Host No 1611 Posted by fw, March 07, 2016 kleptocracy –literally, “rule by thieves” — a … Continue reading

March 7, 2016

Why the US economy has not recovered, will not recover

Successive duplicitous US governments have abandoned everyone except the rich. No 1596 Posted by fw, February 17, 2016 “The US economy died when middle class jobs were offshored and when the … Continue reading

February 17, 2016

The not so well-kept secret is out – America is a plutonomy where only the rich matter

“It is essential that corporate elites keep the façade of democratic control alive,” writes activist Michael Perino. No 1547 Posted by fw, December 20, 2015 “Several years ago, two leaked … Continue reading

December 20, 2015

Why is this the age of US citizen mass acquiescence rather than the age of resistance that erupted in the 1880s?

We are witnessing the rebirth of the Gilded Age, with Wall Street and Big Business owning the President and Congress No 1215 Posted by fw, December 25, 2014 “It’s called … Continue reading

December 25, 2014

Stock market boom is really a bubble – and it will burst

Distinguished economist explains what’s going on in the UK and US stock markets No 991 Posted by fw, February 27, 2014 “In the longer run, however, the best way to … Continue reading

February 27, 2014 · Leave a comment

Deep State: Shocking revelations of a rogue government operating in Washington

Deep State, the state within a state, is “hiding mostly in plain sight” No 985 Posted by fw, February 23, 2014 “Yes, there is another government concealed behind the one … Continue reading

February 23, 2014 · Leave a comment

What the US is experiencing today is not politics, it is disorder in a dysfunctional culture

One way out of this disorder, this insanity, is for citizens to declare a free America in the space around them No 977 Posted by fw, February 12, 2014 “The … Continue reading

February 12, 2014 · Leave a comment

These are hard times for many in US, so why no uprising?

The answer is complex, but three reasons stand out, says Robert Reich No 966 Posted by fw, February 01, 2014 “Middle incomes are sinking, the ranks of the poor are … Continue reading

February 1, 2014 · Leave a comment

US debt crisis was contrived consequence of “crazy political battles”

We need a globalized currency to reduce global dependence on US dollar No 883 Posted by fw, October 17, 2013 “…it’s time to end the world economy’s dependence on the … Continue reading

October 17, 2013 · Leave a comment