First, learn who Catherine Austin Fitts is….a high ranking official from the Bush I administration…next, read the very complex, yet conceptually very simple description of what’s happened here in this country in the context of larger financial warfare that has been waged on America, for decades now. Our country suffers from fundamental economic collapse due to patterns of fraud that has been subsidized and ongoing for decades….
The banks were used as vacuum cleaners to steal $27 Trillion dollars of Amerikan wealth…From her report:
Clearly, there was a global financial coup d’etat underway.
The magnitude of what was happening was overwhelming. In the 1990″²s, millions of people in Russia had woken up to find their bank accounts and pension funds simply gone ““ eradicated by a falling currency or stolen by mobsters who laundered money back into big New York Fed member banks for reinvestment to fuel the debt bubble.
Reports of politicians, government officials, academics, and intelligence agencies facilitating the racketeering and theft were compelling. One lawyer in Russia, living without electricity and growing food to prevent starvation, was quoted as saying, ” We are being de-modernized.”
Several years earlier, I listened to three peasant women describe the War on Drugs in their respective countries: Colombia, Peru, and Bolivia. I asked them, ” After they sweep you into camps, who gets your land and at what price?” My question opened a magic door. They poured out how the real economics worked on the War on Drugs, including the stealing of land and government contracts to build housing for the people who are displaced.
At one point, suspicious of my understanding of how this game worked, one of the women said, ” You say you have never been to our countries, yet you understand exactly how the money works. How is this so?” I replied that I had served as Assistant Secretary of Housing at the US Department of Housing and Urban Development (HUD) in the United States where I oversaw billions of government investment in US communities. Apparently, it worked the same way in their countries as it worked in mine.
I later found out that the government contractor leading the War on Drugs strategy for U.S. aid to Peru, Colombia and Bolivia was the same contractor in charge of knowledge management for HUD enforcement. This Washington-Wall Street game was a global game. The peasant women of Latin America were up against the same financial pirates and business model as the people in South Central Los Angeles, West Philadelphia, Baltimore and the South Bronx.
FINANCIAL COUP d’Etat