Living in an Unfolding Financial Calamity (#2) – Catherine Austin Fitts
By Greg Hunter’s USAWatchdog.com Part #2 (Click Here for Part #1)
Investment advisor and Former Assistant Secretary of Housing Catherine Austin Fitts says forget about the notion of a coming economic meltdown, we are already living in an unfolding financial calamity, now. Fitts explains, “The likely financial calamity is an acceleration of the ‘slow burn.’ It’s not that the stock or bond market comes apart. It is that the stock and bond market continue to be subsidized by liquidating all sorts of people, animals and living resources. In other words, we are liquidating all of life. To engineer central control, we are levering up the debt, and we are liquidating people and countries and things to basically keep that game going while somebody is walking off with tremendous amounts of money that they used to engineer central control. So, we have had an ongoing calamity since the mid 1990’s–serious financial calamity. If you are the people of Libya, you have already had your financial calamity. Calamity is not a big bang that we all experience together. We almost got ours in 2008 and 2009. Calamity is an ongoing process. Some are composted so others can live.”
Fitts also points out all the debt, including the $21 trillion “missing” money from the DOD and HUD. Add the missing money to the $22 trillion and you’ve got more than $43 trillion, and that is what we know about for certain. Fitts says everybody needs to be in on the economic fix of the debt system. Fitts contends, “We can’t sit around eating popcorn and wait for Donald Trump to fix it. We have to get into the trenches and fix it ourselves. We have the power to do it. If you look at your statistics, a lot of people have stopped watching CNN and started watching USAWatchdog.com. That is real power. . . . Why does anybody watch CNN?”
Fitts says, “We have now defined politics as entertainment. Every voter and every person is missing $65,000 from the ‘missing’ money ($21 trillion). Then there is $75,000 for each person for the bailouts and your ‘missing’ money, and you’ve got $140,000 per person. You are on the hook for that and probably another $50,000 in the next couple of years. If you are on the hook for $150,000 and maybe another $200,000 total, that is $350,000. So, add that up for every family, and no wonder they want to play divide and conquer.”
Fitts also gives her opinion about what is going to happen with all the big legal cases that Attorney General William Bar is handling. Fitts thinks it will not be a very transparent outcome for “We the People.”
Join Greg Hunter as he goes One-on-One with the Publisher of “The Solari Report,” Catherine Austin Fitts, in Part #2 of this interview.
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After the Interview:
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To see Part #1 of the Catherine Austin Fitts interview titled “Radical Economic Reengineering After 2020 Election,” click here.
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About the Author
Greg Hunter
Greg is the producer and creator of USAWatchdog.com. The site’s slogan is “analyzing the news to give you a clear picture of what’s really going on.” The site will keep an eye on the government, your financial interests and cut through the media spin. USAWatchdog.com is neither Democrat nor Republican, Liberal or Conservative. Before creating and producing the site, Greg spent nearly 9 years as a network and investigative correspondent. He worked for ABC News and Good Morning America for nearly 6 years. Most recently, Greg worked for CNN for shows such as Paula Zahn Now, American Morning and various CNN business shows.
Yes, it will be bad in the dollar-centric world which is currently controlled by Washington because that world is shrinking rapidly as eastern nations turn to gold in order to reinvigorate and stabilise trade between nations, eschewing the US dollar. The result will be a loss a trading partners for the US leading to loss if export opportunities and, eventually, to the loss of whole markets. Why? It is because Washington refuses to participate in a gold-based trade and finance system which supplants, replaces the US Treasury bill which has been the de facto trade payment settlement instrument since 1971! It is no longer.
Americans have to understand this fact because it will lead to economic privation within your country as you are squeezed out of markets, as your dollar loses value as a payment instrument domestically (massive inflation) and as America is shunned culturally and politically.
If you study the German Great Inflation of 1919 to 1923 you will get an idea of what is coming – and you could say it is ‘divine’ retribution because it was caused, in large part, by the Allies led by America who wanted to destroy Germany for starting the First World War. The methods used were simply 1) confiscate Germany’s gold under the guise of war reparation payments (how had America suffered apart from the tragic deaths of her soldiers, sailors and airmen?) and 2) the starving of the German people by a continuing blockade of German ports by the British Royal Navy which began in late 1914. Those two things brought the collapse of the German economy which led to the hyperinflation of that currency from 170 marks for one ounce of gold in early 1919 to BILLIONS of marks (I think over 16 billion) for an ounce in November 1923.
Hmmm.
Dow is down 700+ points
Gold up $20 +
DXY down .50
China devalues
America increases tariffs on China
Crash ?
Where are Nenner / Polny / Sinclair ?
Yes this is August. Timing slightly off….but ….they all have the direction correct !!! Perhaps this is the start.
It seems many people are now predicting 2021-2022 as the new 1929 depression scenario. with World War 3 to follow and fought in Europe, but this time between China-Russia and the USA.
Europe is pretty much toast now. Theres nobody left of any force to fight for the past dominant European cultures. Theyve all been diluted by the globalisation gurus and there love of anything anti-Europe. That same globalisation crowd wants to do the same to the USA.
Sure hope our military is modernized enough because the thought of stoned on marijuana mellow ground troops, isnt going to be very intimidating to China and their partner Russia.
I feel like Im watching my country be set up to lose to the globalist. When Bill Clinton signed NAFTA, that was the final dagger in our economy. Its been a slow bleed since then. Wish I’d given more credibility to Ross Perot.
Sure glad I’m old because the future gets creepier by the day.
Robert … David Stockman feels the same way … https://marketsanity.com/stockman-on-feds-rate-cut-peak-moment-of-lunacy-signals-recessions-coming/
We don’t have to wait for 2021-22. We are living the Depression now and have been doing so for a decade.
Secrecy!!!!
Remember if the FASB allows the Government to keep its financial agenda obfuscated, then everything else is game too. GDP, Employment and Inflation are all highly distorted and nonsensical…..and yet they are the prized metrics to measure the wellbeing of our Economy.
Like CAF says….YOU MUST DO YOUR OWN DUE DILIGENCE.
Hi Greg,
I suggest your readers go to Youtube and watch Eisenhower’s famous valedictory speech . It was only 17 minutes long but it was prophetic. We’ve all heard the famous “…military industrial complex ” warning . Most are unaware of how insightful that speech was. He was 60 years ahead of Catherine. He warned about the danger of government funded research. He warned the government contract would become the holy grail of academia. He warned that colleges and universities would cease to be places for the free exchange of thoughts and ideas.
A few weeks ago Trump said something that referred to that speech and should have shaken the foundations of America but went right over most American’s heads. He said “…the military industrial complex exists. It wants war. I agreed to leave a few hundred troops in Syria but they never want to leave…”. Remember Schumer’s warning to Trump, “…he’s not being very smart taking on the deep state , they can get back at you six ways from Sunday”?Remember when Harry Reid called on the CIA to falsify Trumps briefings? Trump is in the fight of his life for control. The last president who was in that fight was JFK and we know what happened to him. Washington and Wall St. are morally, ethically and intellectually bankrupt.
Lastly kudos to Catherine for reminding you that YOU are the real media!
No Robert Europe is far from toast I’m here in Warsaw and things are looking pretty darn fine And regarding World War I doubt it would look like past wars with nukes and intercontinental missiles being so prolific worldwide NOONE would be safe except maybe the elites who have built bunkers and even they wouldn’t be for long IMO
My interpretation of Part 1 seemed to say DJT was part of the Deep State. Part 2 said he is NOT part of the Deep State. I should have seen Part 2 before I commented on Part 1. Or I should wait to after my caffeine to comment.
Do we know, yet, what was in the envelopes that some criminals got at 41’s funeral mass?
As always great stuff Mr Hunter. CAF is both an unusual and interesting expert guest!
Alongside her, it’d be enlightening for listeners to have another top-level financial expert like Martin Armstrong to react to and comment on what CAF thinks and states!
Not even Mr Armstrong talks about the missing 21 trillion! Why??
Concerning the often talked about and mysterious other power player named ‘deep state,’ it’s important to reveal its historical origins, who precisely are the people who sit in its chairs, who or what finances these folks and what role does this administration play in US and world affairs?
Who are today’s ‘deep state’ movers and shakers and string pullers that the public needs to be aware of and pay attention to?
Finally, why is a soviet-style central control so primordial to small groups of un-named individuals who already have heaps of money and influence? What motivates them? The betterment of humankind!
All the best,
Charles Young
To Charles Young: Are you serious about the motivation being “the betterment of mankind”?
You know how we can achieve “the betterment of mankind” … and thus stop the stealing of $21 Trillion dollars and more by a bunch of crooks (who don’t believe in the US Constitution and it’s protection of an individual’s private property) … have Trump sign an Executive Order that limits personal wealth to $3 million dollars … where anything earned (or robbed) over that amount should be “seized by the IRS” and put into the American peoples Social Security Trust Fund “Lock Box”!!
The granddaddies of that “small group of unnamed individuals” also thought they were accomplishing “the betterment of humankind” back in 1917 in Russia. 60,000,000 dead Russians/Eastern Europeans and some 70 years later, they started wondering if it really, truly was “betterment”. Maybe not. But the dead were dead.
Greg,
Do you remember me telling you several months ago that my sources were telling me that the military was prepping for the coming civil unrest? Well it’s beginning here, and in Hong Kong.
https://www.scmp.com/video/hong-kong/3021345/hong-kong-enters-ninth-week-social-unrest-sparked-governments-now-shelved
As we move closer to a global currency reset, the globalist and the deep state will be stirring the pot of chaos. Last nights shootings in El Paso and Dayton are a prime example of that. Before this is over they will pin this on President Trumps immigration policies. Just wait and see. And what do you think will happen should the DHS slap handcuffs on Billy Bob Clinton?
We are at a tipping point. Either President Trump will pull the trigger and release the FISA documents and begin prosecutions ( which will result in riots) or, he will kick the can down the road until after 202o allowing the deep state to generate more chaos like we experienced on Saturday night.
In the middle of all of this chaos is the unraveling of the global banking system, which will no doubt be blamed on President Trump as well. It’s a Marxist wet dream. Tear down. Deflect the blame. And rebuild a new world order. It’s all coming to head, one way or another. Don’t put your preps away just yet. You might just need them sooner than you think.
Greg,
Read this headline from a few months ago and let it sink in.
https://www.bloomberg.com/news/articles/2019-01-31/gold-demand-up-amid-biggest-central-bank-buying-spree-in-decades
The largest gold buying spree by the central banks since 1968. Does that tell you what they’ve been preparing for or what? The reset WILL involve gold. Period. Some of my sources have stated that the reset is already underway, and that central banks are already replacing fiat based currency with gold currency right now. While I can’t confirm that, I sure wouldn’t bet against it. The realty is, QE is ending it’s life cycle because it has debased global currencies beyond recovery, with the dollar being the last pin to fall.
Jerry … And to top things off … as the world economy speeds down a dangerously narrow mountain road careening back and forth bouncing off the guard rails … the Fed decides (to throw the two expert drivers of this wildly out of control car out the window) and put a guy “without a drivers license” in the drivers seat (Fed President Williams) … not a very subtle move by the banksters (who obviously want to see the world economy “go over the cliff”) … so as to guarantee that all their recent “hand over fist gold buying” results in “their gold investment” zooming up to $50,000 dollars per ounce … and magically once again … all the bankster crooks get bailed out (without the need to rob the money from the American people the way Treasury Secretary Paulson did)!! … https://www.zerohedge.com/news/2019-08-04/meanwhile-inside-plunge-protection-team-chaos
At 10 PM EST gold poked its nose over $1450 … seems we are now on our way to closing the gap at $1500 -$1550 … https://www.clivemaund.com/charts/gold10year140619.jpg
Poor Stan … Gold is now making a solid break over $1450 due to the fact that Trump’s “trade war” is being turned into “a currency war” by the Chinese … look at what China is doing to their currency … https://zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com/s3fs-public/styles/inline_image_desktop/public/inline-images/bfmA8A3.jpg?itok=d9Ef5GFX … the US must now respond in kind (by lowering the value of the US dollar) … and all gold investors know what that means … the gold price will rise as the value of the US dollar falls!! … https://www.zerohedge.com/news/2019-08-04/currency-war-begins-chinese-yuan-crashes-past-7usd-record-low
Fed Chair Powell is going to live to regret “not doing a 50 basis point cut last week” … as China is now turning Trump’s trade war “into a currency war” … and as trade and currency tensions rise … investors are now searching for safety in precious metals … where gold prices are now pushing fresh six-year highs … ever more trade and currency tensions will force Powell to lower rates again (perhaps as early as next month) … a currency war is now breaking out … and it will create a deepening slowdown in US manufacturing as manufacturers find it harder to compete against an ever weakening Chinese currency … China is obviously moving to get a Demon-rat elected in 2020 … Powell and the Fed (if not in China’s pocket) will likely have to do a lot more rate cutting much sooner than they thought!!
Remember as Powell is forced to weaken the US dollar … so will all currencies (that have linked themselves to the US dollar) weaken … creating a major disruption of “all global markets” … if Powell (like Hoover in 1929) “doesn’t weaken enough” by massively creating money out of thin air … the stock market is not going to be able to hold up (as earnings collapse) … and Powell (just like Hoover) will create a stock market crash by trying to do the right thing and not create so much money out of thin air!!
Paul,
You’re right over the target.
https://www.zerohedge.com/news/2019-08-05/global-stocks-crash-vix-surges-europe-tumbles-currency-war-begins
Currency wars, lead to what?
Woke up this morning to 1453 Paulie Looking Good Silver just popped above 16.50
Frederick … silver is making a critical breakout … but won’t accelerate until it breaks over $20 … yet most people won’t buy until it breaks over $60 … https://hubertmoolman.files.wordpress.com/2019/01/silver-long-term-fractal.png?w=700
Paul,
Great points all. The fifty four thousand dollar question is, how long will China continue to hold U.S. treasury’s before they dump them and buy more gold? Many here think America is such a great commodity for them, that they would never do that. But, at some point as the global economy collapses it will be every man or in this case, every country for itself.
The Pie (Global Economy) is not growing. Everyone wants a bigger share of the shrinking pie. Trade Wars are the go to “play” for stealing (aka beggar thy neighbor). Currency devaluation is the other option. China, whether we like it or not, wins on that front. America doesn’t have the same capacity to be as overt. It ultimately resolves through fighting wars.
Jerry … I think we are at the point where … it is “every country for themselves”!!
Did I mention the banks are positioning for a reset?
Only a thousand times. This time it’s HSBC.
https://thehill.com/policy/finance/456234-hsbc-removes-ceo-announces-plans-to-cut-4000-jobs
You can add them to Deutsche Bank and Barclays with monumental layoffs and restructuring. Gee I wonder why? A new currency exchange system is about to be born, and these are the labor pains.
all I can say is “fantastic”! thanks Greg
A couple of years ago I had read an article that stated that every American is issued a Bond at birth and that Bond is traded on the stock market. Now, what if the US is so desperate for money and that whole Bond issue is true, they would need to kill all Americans to access those Bonds and those people are now being replaced by people coming from Mexico and South America.
The Biggest Scam in the History of all Mankind. No civilized world has ever seen the amount of theft and piracy that has been perpetrated against the people of the United States. And, that’s just the financial side.
Sadly for “we the people” the wrong that has been done will never be made right.
George, I was scammed like most Americans. Our homeschooler are being taught the truth: There never was ‘We the People’. Only 6% of Americans were even eligible to vote for ratification of The U.S. Constitution. Of those perhaps 3% voted with only 2% voting in favor of ratification. There is no validity to the U.S. Constitution. Hopefully this truth will be posted and not censored.
Where are you from? Not here. Constitution not valid? You are stupid and do not know what you are talking about. We have more than 200 years of case law based on the U.S. Constitution. That is a fact and that certainly validated the Constitution many, many times over. End of discussion. WHERE ARE YOU FROM??? No more “Montana Guy” BS. What is your real name? Where do you live. I have asked before. You are a troll!!
Greg
Prove me wrong. Why do you fear the truth?
Would the check numbers of the checks I’ve sent to you meet your requirements? What is your obsession about me?
What is your obsession of acting like an anonymous paid troll?? Real name please.
Greg
M Guy … hmmm??? I always thought that what was important was what was written in the US constitution (gees just my take) … If you can show me a government based on a better principal then this Please show me: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness. — That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed … ”
https://constitutioncenter.org/media/files/constitution.pdf
China is deriving their just powers from the consent of the governed by beating them and throwing tear gas on them!! … https://www.zerohedge.com/news/2019-08-05/hong-kong-unravels-flights-canceled-police-stations-set-fire-and-triads-are-back
And the “commie” empire strikes back at Trump sending shockwaves through the global economy … saying a “capricious” US risks undermining the global financial system by trying to level the playing field … Trump responds calling China “a currency manipulator” … and as the trade/currency war heats up … gold rises!!! … https://www.telegraph.co.uk/business/2019/08/05/currency-war-begins-china-hurls-devaluation-back-trumps-face/
.
Montana Guy,
You should be so fortunate to live in a country that allows free speech “ through the constitution”. In most socialist countries you could be jailed for making such statements. Please do your research before you post such idiotic statements.
Jerry,
I think MG is a paid troll from outside the country!
Greg
Sorry Greg,
It’s hard to tell the difference between a paid troll and a brain dead globalist.
Remember how in Star Trek the Klingon’s had “cloaking technology” to hide their ship … well the US has FASB56 to cloak our Ship of State (we can’t audit the Fed, can’t audit Government Agencies, can’t audit Fort Knox, etc., etc.) … so what do we do? … what we do is what Captain Kirk did … we fire photon torpedo’s in every direction … we buy food, water, guns, farm land, gold, silver, etc. … because even our US dollar “is cloaked” … we may see a picture of George Washington on our dollar bill but underneath Washington’s photo “is a fake Zimbabwe dollar” … thus by cloaking the true nature of our money system (where $21 Trillion can be stolen and our Fort Knox gold can be stolen and our auditing ability taken away) we must start accumulating “real assets”!!!
This is not just the “common peoples” fight … even “wealthy people” are being fleeced “by a small band of crooks” who have seized control of our US Government … to defeat the neocon “Klingon” warmongers … the common people and the wealthy people must join forces and in alliance begin buying gold and silver by the ton … to take back true monetary power from the crooks “who are in an extremely weak position” … as all they have is paper dollar IOU’s with to try and bribe people and manage all their crooked operations and financial shenanigans!
Paul – Thank god they are getting rid of presidents on the 20$ bills … https://www.cnn.com/2019/03/06/politics/harriet-tubman-20-dollar-bill-trump/index.html This will definitely help to restore confidence.
It will restore confidence “in gold” … by making everyone realize the US dollar is “Zimbabwe type” African money!!
What better way for the banksters to make the world think of the US dollar “as Zimbabwe money” and make all the gold they have been buying hand over fist to rise to $50,000 per ounce!! … https://i.ebayimg.com/images/g/oyQAAOSwQhFdI5Nf/s-l1600.jpg
Thank You, Greg and Catherine, always a great interview when exposing the theft of trillions …
Beginning at the 26 minute mark, Catherine said the deep state wants to put a lid on the corruption so a “Midianite thing” doesn’t break out! Catherine was probably speaking about Judges chapters 6 thru 8 where Gideon is used by God to wipe out the Midianites. But this story goes much further back in history(His~story) where Judah the great grandson of Abraham and the tribe that Jesus came from, agreed with 8 other brothers to sell their brother Joseph for silver to the Midianites who were descendants of Abraham’s 6th son Midian who were traveling with the Ishmaelites which were descendants of Abraham’s firstborn son Ishmael:
Genesis 37:26-28 And Judah said unto his brethren, What profit is it if we slay our brother and conceal his blood? (27) Come, and let us sell him to the Ishmaelites, and let not our hand be upon him; for he is our brother, our flesh. And his brethren hearkened unto him. (28) And there passed by Midianites, merchantmen; and they drew and lifted up Joseph out of the pit, and sold Joseph to the Ishmaelites for twenty pieces of silver. And they brought Joseph into Egypt.
This same lawlessness by “brethren” of Abraham’s descendants also occurred during Jesus day with his “brethren” and will occur again in our day with “brethren” in the church:
John 16:1-3 These things have I spoken unto you, that ye should not be caused to stumble. (2) They shall put you out of the synagogues(church buildings): yea, the hour cometh, that whosoever killeth you shall think that he offereth service unto God. (3) And these things will they do, because they have not known the Father, nor me.
https://sumofthyword.com/2017/01/18/the-mystery-of-lawlessness/
Anyone in the church who tries to tell you the tribulation is only for physical Israel does not know their bible very well:
https://sumofthyword.com/2016/10/04/the-rapture-of-the-church-is-after-the-tribulation/
Catherine says that we can all hate each other poor or we can hate other rich I don’t understand ? Ask her to be more detail about it,next you talk to her?
Pat … I think what CAF was trying to say is … we could all “hold on to our fake dollars” and hate one another being poor … or we can all “buy gold” and hate one another being rich!!
Please explain the Part Two bit here. Part I was on your website, but Part II was on Youtube. Youtube changing their criteria for continuing operations? I understand they “de-platform” programs that violate their terms and conditions, such as speaking to harshly of their treasured (collective media ) agenda. If rating slip, likewise ? Hear its a changing game with Youtube. Techies keep busy forever tweaking things.
H,
Both parts of the CAF interview are on the USAW site and You Tube. You are not being forced to watch free content.
Greg
Part II on USAW automatically redirected me to Part II on Youtube.
You are not keeping in the loop. As far as free, well, I just asked. You have thin skin, apparently. Be chipper, not chip on the shoulder.
H,
Why do you think it is pleasing to me to have you give me crap on a free site? I don’t have “chip.” I’m busy and don’t need to waste my time. Both parts play off the USAW site and both parts play off from the YouTube platform. Why don’t you just enjoy the site and keep the criticism to yourself”? Because, after all, it’s free.
Greg
From John 14:1 to John 18. The heart of Jesus was exposed for our gain. Revelation will happen. Those alive will go through it. Fear not ! You believe in God. Believe also in Jesus. If it were not so he would have told it.
This comment was posted under Rob.
Greg, your calling Tulsi Gabbard a socialist.
The american military IS socialist.
Roads are socialist.
Police is socialist.
Tulsi Gabbard has the idea to take the money we spend on our military and change the priority to the people of the U.S., infrastructure,clean water, medical etc
Is there another person running for president with that plan?
The #1 thing about Tulsi Gabbards plan is it reduces the chances of nuclear war which we are closer to now than we have ever been including the Cuban missile crises.
Tulsi Gabbard may not be perfect and need to learn a few things but our choice is Tulsi Gabbard or continue to spend far more than is required on the military.
Researching history will tell you that if we do our entire system will collapse.
Ben,
I like what she is doing with the Fed and suing Google. What she said about ME war is mostly on track too. That said she is a socialist from Hawaii and could not be elected in that state without deep socialist policies. That is a fact and a fair criticism of her politics. She does not like war, well news flash neither do I and 99% of the rest of the world. I want to hear what she is going to do about China? NoKo, Iran and this NO SIGNATURE fraud that the Obama Administration pulled off.
Greg
Greg
The dollar needs to be strong and continue in widespread use around the world or our lifestyles are in trouble. Necessary evil. Ms. Fitts said the military will keep the dollar strong. So, war is the way we whip others to see it our way. The dollar is strong because we back it up by al means necessary. We have the Big Guns.
Hate to tell you but life for me has been great ever since expatriating No more “hampster wheel” for this turkey I truly believe people here in Warsaw live a better lifestyle than in say New York where I am from Its not what you earn but rather what you keep The middle class is prospering here
Two mass shootings in the last 24 hours. It seems like something big is going to happen and the deep state does not like it. The military planners behind Trump have a plan to take down the deep state and I would expect nothing less than “shock and awe” when it happens. The public will have more information available than they can comprehend when declassified information is released. Speculation about $21T missing money and the extent of illegal spy activity would no longer be needed.
Mike, the U.S. Military’s ‘Shock and Awe’ was 18 years ago and Americans are still dying for the failed plan. The death count is up to 6,980 Americans. The next ‘Shock and Awe’ will kill millions of Americans. Got Gold?
But the Deep State “is an expert” when it comes to creating wars and new enemies … https://www.zerohedge.com/news/2019-08-04/snyder-china-extremely-angry-and-now-considers-united-states-be-enemy-1
Take notice of how gold reacts to the threat of war … https://www.kitco.com/charts/popup/au24hr3day.html … and how silver reacts to the threat of war (that can spike the price of oil hurting the silver miners) … https://www.kitco.com/charts/livesilver.html … but eventually physical silver “should be as good as gold” after the silver “stock buyers” are wiped out as the oil price rises!!
As for the S&P 500 … looks like it has to drop 300 points just to get in sync with the 10 year bond yield … https://www.zerohedge.com/s3/files/inline-images/bfmF4DB_1.jpg?itok=C719OhwE
Paul,
So you are backing the one-party communist regime with a dictator for life and a social credit scoring system!!! I guess when the Chinese military starts to machine gun down the protesters in Hong Kong you will be saying they deserve it??
Maybe China has been our enemy all along?? China got real time copies of all of the emails on Hillary’s private servers while she was Sec. of State. But that’s OK with you Paul America is evil and we deserve it???
Greg
??? … Greg … I wasn’t backing the “commie” attack on the HK protesters when I said they were getting the consent of the people by beating and gassing them! … I was being sarcastic!!
One part system? Do you truly think Americans are any better off with our so-called democracy because I’m not so sure Greg and I’m not on the Chinese side
Frederick,
I don’t have all the answers. I am basically just a reporter.
Greg
Greg! great as always, Bet she could play a mean game of chess!!!
She’s a smart woman.Thanks for hosting her, Greg. Here’s a video that might help you and your viewers understand something she’s discussing…
https://www.cnbc.com/2019/07/31/heres-how-socialism-went-mainstream-in-american-politics.html
Duggie,
Socialism is a liberty and Constitution killing political system. It’s communism/Marxism/Godless/New World Order crap. Please don’t thought shape us all into thinking it is something great–It’s Not. Look at Germany, Sweden and every other socialist disaster.
Greg
Go to Secure Freedom dot org. Listen to what you may or may not realize . Go back and listen to what was being said about our security from what and how their countries were being affected. The Havlish case that Clare Lopez has extensive knowledge. See the interview with United West. We have been at war and will be not by choice.
These people all have made money and continue to earn in a system that is total fraud. Now after many years they get moral and want to blow the whistle about an ongoing fraud. There is simply no one to trust. Now if you have someone with a plan to organize the people to bring action and change then you really have something. You have people tuned in and aware but what good does that do in reality! Nothing! To talk about money that we the people are on the hook for money will never be paid back ever. Get real!
Pointe,
Please tell us all what you are doing to fix this mess. Commenting anonymously on a free site?
Greg
Greg, what do you fear about secession? It is the only vote that has ever mattered in history.
That was tried in 1860.
Greg
Pointe Grosse, I hear you. Liberty will not be restored by anyone in a suit or pantsuit or anyone a product of the system which destroyed it. Why do we keep looking up to them? Why is every solution a government solution?
Montana Guy, you are giving Montana a very bad image. Folks, we are not like him.
Please have David Stockman for an interview.
Read his new book Peak Trump the undrainable swamp and the fantasy of MAGA
Hey Greg and Catherine, why are you making a big deal about the missing trillions. After all, don’t you know its just a accounting error! How do i know! Jim Rickards told us so.
How to NOT start a riot? You mite want to watch this Greg.
https://www.youtube.com/watch?v=ooFPhVIYDBY
Five simple questions that blow apart the official fake news narrative about the El Paso Wal-Mart shooting
https://www.naturalnews.com/2019-08-03-five-questions-blow-apart-the-official-fake-news-narrative-el-paso-walmart-shooting.html
john duffy, yes Mike Adams bears listening to. He was one of the first to dispute what we were being told about James Holmes, the Aurora, Colorado shooter. I believe history proved most of Adams opinions true.
Re. El Paso. Adams makes an excellent point about the so-called ‘Manifesto’ supposedly written by the 21-year old shooter. I’d like to talk with his English teacher if she hasn’t already ‘disappeared’.
El Paso Mayor Has The Perfect Response When Asked About Trump’s ‘Racism’
Alicia Luke August 4, 2019
https://freedomoutpost.com/el-paso-mayor-has-the-perfect-response-when-asked-about-trumps-racism/
Will She Be Just Another Drama Queen? THAT IS THE QUESTION!
Michelle Obama makes major statement on 2020 election possibilities
Andrew West ANDREW WEST AUGUST 2, 2019
Given just how disheveled the current field of 2020 democratic candidates appears to be, there were sure to be rumors and intimations regarding the possibility of salvaging the party’s chances come next November.
With Joe Biden’s shaky claim to the frontrunner spot coming under heavy fire on Wednesday, the democrats are in trouble. On both nights of this week’s debates, the most-searched candidates were far, far from the mainstream . Night one saw a massive boost in popularity for spiritual guru and self-help author Marianne Williamson – known for her New Age nuances. On night two, it was Tulsi Gabbard who stole the show after annihilating top-tier candidate Kamala Harris over her hypocritical stance on marijuana.
In short: The democrats are none too impressed with whom the party has already aligned themselves.
https://freedomoutpost.com/michelle-obama-makes-major-statement-on-2020-election-possibilities/
Organize locally. Get involved on the school boards and PTA meetings. School boards are dominated by libs/progressives. Education is part of the brainwashing process.
Organize through your churches. The churches have been neutralized by the IRS. It is time for pastors to stand up and preach the Gospel. And not tickle the ears of the pew occupiers.
Attend city council meetings and hold city council members accountable. Remove them if needed by recall. Attend county supervisor meetings.
Find out who your local state senator/reps are and watch them vote. Hold them accountable whether Dem or Repub.
We cannot depend on the federal government for anything. They are broke.
Lastly, organize to observe what is going on at the local, county, and state judiciary. Corruption, scams, plea deals, coercion, judges and prosecutors on the take, corrupt local attorneys protected by their own at the state bars. Pay attention. For profit prisons with deals worked out to condemn innocent men and women by coerced plea agreements.
Lastly, secure the border. Not only illegals but the trafficking of meth and synthetic opiates. Supported by the feds who profit from the drug trade. Example…crack cocaine epidemic in the 1980’s with aid of the DEA and CIA. Money laundered through real estate.
First we hear CAF say the DOJ is still under Bush control? … and now we hear Trump say: “Perhaps more needs to be done with respect to gun control” ?? … WTF is going on??? … do we need a “New Champion” (Tulsi Gabbard)???? …https://www.zerohedge.com/news/2019-08-04/trump-address-nation-monday-over-mass-shootings-says-more-gun-control-may-be-needed
Nationwide EAS test August 7th.
https://www.mbaweb.org/event/eas-test/
Last week we had multiple days of testing here in Missouri. This time it’s preparing for an internet down situation. My take, there more to this story than is being reported. My experience having worked with FEMA, you’d better be prepared to be on your own for a few days. Especially in a grid down situation.
Greg: An inspirational two part interview. Thank you and your guest. As kicked down as I feel, I am now entertaining the “crazy thought” of moving back to my home state of North Dakota and…..
Mr. Hunter:
Thanks! I think that was Ms. Fitts best interview to date.
During 9/11, all planes were grounded. Three days later the mean US temperature had risen more than 1 degree C. – which is a huge move by climatologist standards. Unprecedented, even. The reason for the higher temperature was the absence of airplane exhausts polluting the atmosphere, which pollution helps block solar radiation from heating the earth. That’s right, atmospheric pollution cools the planet. It’s called “global dimming.”
And we also have global warming caused by greenhouse gasses in the atmosphere trapping heat radiating from planet earth … acting very like an electric blanket covering the planet.
Civilization is a heat engine producing both particle pollution and greenhouse gasses in the atmosphere.
To say that global warming is a scam beggars the mind.
Hoax. To blindly follow the worldwide scam is not using one’s mind. You can freely pay your carbon taxes now. No? Didn’t think so.
Wake up crypto addicts … wasn’t the entire aim and goal of crypto currency “to get out of” traditional financial markets … and not to integrate the crypto market “into” traditional financial markets??? … want the real privacy you were looking for? … buy physical gold and silver with cash (before the banksters do away with cash the way they are doing away with crypto)!!! … https://www.zerohedge.com/news/2019-08-04/fatf-regulations-end-crypto-anonymity
Don’t let the rise in Bitcoin fool you … it is likely due to hundreds of thousands of Chinese using Bitcoin “to get their money out of the China” (before it is devalued anymore) … use this rise to your trading advantage … but not as a confirmation that crypto is the new monetary model to finally overturn bankster fiat (that status still remains with gold)!! … https://zh-prod-1cc738ca-7d3b-4a72-b792-20bd8d8fa069.storage.googleapis.com/s3fs-public/styles/inline_image_desktop/public/inline-images/bfm9DAB.jpg?itok=cNnS03fK
Phil:
I would say globalist world wide calling you and me to pay for any climate change issues, policies of any type , local or federal or state in any country … and believing they will use citizens money and fix anything –
To say that global warming can be fixed through taxation world wide beggars the mind.
My 2 cents
I can list all the things Illinois was going to fix since they made the lottery legal here in the 70’s when I was in grammer school it was gonna fix EVERYTHING ..and they are still raising taxes and had a period of time where you can buy lottery tickets but Illinois could not pay the winners!
No – not paying more taxes to climate change with data paid for with scientist that work for the government
My issue is not cleaning things up – My issue is believing ANYTHING from the government and agreeing to paying them money with their track record which is more absurd than a 1 degree temperate from planes being grounded . Which I agree is big … but you know .. the whole Boy who cried wolf – aka – ANY government anywhere?
I do not expect much from a populace that allows INVASION at it’s Southern Border w/o any protesters ,or Minutemen militia at the border.
Hi Greg!
Fantastic as always! I love Catherine Austin Fitts. One of my favorite guests on your show!!!
The debt is just mind-boggling… you add in the ‘official’ Federal, missing money from just TWO agencies, state debt, local debt, unfunded / underfunded pensions (both government and the few remaining commercial pensions), bankrupt SS and Medicare… WOW! Large banks playing roulette with our economy with off-balance sheet items and derivatives…. it is all a “perfect storm” in the worst possible way!
I also liked the new format. I was able to watch both tonight (B-2-B), but sometimes I have to come back because I want / need to watch but get interrupted. I don’t want to miss anything, so I liked this. So if this works out with more traffic / views / clicks, GREAT! Either way, I liked it!
Thank you! Great Job to you both!
The USDOJ is as corrupt as the courts, politicians and everything in Officialdom. Literally corrupt to the core.
How the British Composted a 86 Year-Old Widow
https://www.armstrongeconomics.com/world-news/pension-crisis/uk-strips-86-year-old-pensioner-because-she-saved-50-a-month/
Socialism has many forms and all of them, regardless of their country of origin, are ugly. In Japan there is a famous saying: “The nail that stands-up gets hammered down”.
In America, its more common mannish: “Don’t be a bump on a log”
Increasingly, be the Gray Man. Live in a nondescript house, don’t be ostentatious, dress-down, even be a hermit. The Socialists want to compost you.
I’m very thankful for the last election win of our President. Since the win I don’t watch TV at all because it was FOX still calling the polls wrong. I have no regrets but research time has been consuming ( much needed ). The lights are on and I see multitudes around the world also doing the same. What the most serious people are concerned about is America loosing our freedoms and Constitution. Nothing hidden will not come to light. I remain thankful to God for giving us this time to shine the light of Truth for the world to see and raise theirs too !!!
People are loosing their lives for the sake of believing the Truth in every language around the world. The sacrifice will continue but where your treasure is there your heart will be also.
Our present sufferings will not compare with the Promises of life eternal with the Son of Man. Luke 21-36
The Deep State in a panic to take away our guns “make a critical mistake” … and hired a “left wing commie Satanist” (instead of a right wing pro gun stooge) to shoot people … so Trump would have an excuse to take away our guns!! … https://www.zerohedge.com/news/2019-08-05/dayton-shooter-was-pro-satan-leftist-who-supported-warren-sanders-antifa-and
Interesting ammo dump explosions in Russia today.
https://www.zerohedge.com/news/2019-08-05/watch-massive-shockwave-explosion-russian-ammunition-dump
Looks to me like a SADM device went off.
https://www.popularmechanics.com/military/weapons/a25893776/b-54-cold-war-backpack-nuke/
We had these back in the early 1980’s in SF. Used on strategic targets. Nuclear plants, dams, population/communication centers. Commo man left on the target to detonate.
Article says that they were gooten rid of in 1989. Highly doubt that. Still around somewhere only better. Russian and Chinese have them also. Could be used in a FF. Easily moved across borders and through shipping.
Now is the day of Salvation. The ministry of reconciliation. Be reconciled to God while there is time.
2 Corinthians 5:11-21 New King James Version (NKJV)
11 Knowing, therefore, the terror of the Lord, we persuade men; but we are well known to God, and I also trust are well known in your consciences.
Be Reconciled to God
12 For we do not commend ourselves again to you, but give you opportunity to boast on our behalf, that you may have an answer for those who boast in appearance and not in heart. 13 For if we are beside ourselves, it is for God; or if we are of sound mind, it is for you. 14 For the love of Christ compels us, because we judge thus: that if One died for all, then all died; 15 and He died for all, that those who live should live no longer for themselves, but for Him who died for them and rose again.
16 Therefore, from now on, we regard no one according to the flesh. Even though we have known Christ according to the flesh, yet now we know Him thus no longer. 17 Therefore, if anyone is in Christ, he is a new creation; old things have passed away; behold, all things have become new. 18 Now all things are of God, who has reconciled us to Himself through Jesus Christ, and has given us the ministry of reconciliation, 19 that is, that God was in Christ reconciling the world to Himself, not [a]imputing their trespasses to them, and has committed to us the word of reconciliation.
20 Now then, we are ambassadors for Christ, as though God were pleading through us: we implore you on Christ’s behalf, be reconciled to God. 21 For He made Him who knew no sin to be sin for us, that we might become the righteousness of God in Him.
Greg, Thank You!!!
Catherine is the woman that should be the first female President of the United States of America!!!
Hey, are any of the dumbocrats, er, sorry, democrats calling for an end to the war?!?!
We’ve lost about 15,000 soldiers killed in combat, but what about the 100,000+ that got killed (suicide) after they got home?!?! Those kids don’t count?!?! What about “tax the rich”? Isn’t that a redundant statement? Haven’t they been taxing the rich (and it doesn’t solve one problem)? The other side of the equation is this – the rich can afford the taxes – the middle class, the lower middle class, the working class, and the poor working class – those people can’t afford their tax bill. What are the dems saying about their criminally high taxes on the middle class and lower classes? Answer: CRICKETS. Greg, $15 per hour? Really? That’s $600 per week. The democrats will take $7 of that and tell the working poor that they are lucky the government doesn’t take $11 out of every hour (you’re getting financially abused, but you’re lucky it’s not worse?!?! They don’t know the meaning of the word lucky). What the dems don’t understand is that their constituency is hearing free healthcare and they are thinking, “Barack Obama told us he was going to end the war, didn’t happen, then he said, “If you like your doctor, you can keep your doctor” (we were lied to), now it’s, “Free Healthcare/college”, even the democrat voters aren’t buying it. You saw the congressional testimony of the google employee where he said google swayed , “a minimum of 2.6 million votes and up to 10 million+”?!?! Must be some Russians working at Google. Here’s where the democrat voters are at, “Fool me once, shame on you, fool me twice, I’ll let you fool me one more time and then we’re done” (Hillary was the 3rd strike). Hillary 2020 – it’s happening. I love you Brother!!!
Heaven forbid anyone mention the machinations of the Money Lenders { the Bankers } , the Media Owners, the Entertainment Industry Leaders, the entrenched Academics of the Frankfurt School, the Influential Proponents of Abortion, the Gay Marriage Advocates, the leaders of the only remaining Apartheid state in our World. Heaven forbid we ever address the two thousand year history of activities by people who consider themselves or their role as ” Special ” either by bloodlines or simply be their beliefs. The simple critacal mention of their recently established State ; or addressing even their identity in any manner deemed critical is akin to using the ” N “Word. The Jews of Moses are long gone. the Decent and Traditional Jewish people today also suffer just as much under the yoke of the Talmudic Activists who poison everything they touch.
Alert!! … It’s chaos in Asia … as markets open much lower … currently Dow futures are projecting a 650 point drop when the market opens in NY (it could be much much worse) … as for gold … it is closing in on $1500 dollars per ounce … if Stan has any free funds available he may consider shorting gold for a few bucks profit after gold closes the gap (between 1500 to 1550) … however, I wouldn’t suggest taking the chance … if anyone (like Stan) does … then for safety sake … it would be advisable to close out all gold short positions by Nov 1, 2019 … as that is when gold’s Christmas rally begins … that will likely drive gold up over $2000!! … https://www.zerohedge.com/news/2019-08-05/turmoil-accelerates-asia-opens-traders-scream-more-fed-rate-cuts
A day will come soon … when gold will move up by hundreds of dollars per day … https://www.zerohedge.com/news/2019-08-05/peter-schiff-todays-sell-fed-lying-rates-are-going-back-0-gold-going-2000
S&P 500, Nasdaq, Russell 2000, etc. “gap down” violating major support levels … https://www.marketwatch.com/story/charting-a-damaging-august-downdraft-sp-500-violates-major-support-2019-08-06-121035222
“A corollary pornography operation.” CAF. Well, I’ve never heard such a phrase before. What a sad situation America has become.
So, HOW DO WE WIN? I know what is wrong with the “leadership/slugs” of the USA. How HOW do we turn it around? My letters to the editor and politicians, including local ones, are ignored! My vote doesn’t mean shite in California.
HOW DO WE WIN?
Where is that goof nut Stan?
Stan do you still think the top is coming off gold? Wrong again.
https://www.bloomberg.com/opinion/articles/2019-08-06/yuan-s-slide-is-china-s-gold-standard-moment
It’s O.K. to admit that I was right about China, but yet you and others just thought China and the central banks were buying gold as a hobby. Debt may not matter in this country because of reserve currency status of the dollar, but I can damn well guarantee you it does everywhere else. China got in this mess by trying to prop up the other currencies of the world including ours. But Americans have short memories. We didn’t loan them money in 2008, they loaned it to us. Imagine this. We were so desperate that we actually borrowed money from a communist country. We’ve fought wars to avoid dealing with the Chi Coms , and then here comes Hank Paulsen with hat in hand begging for money to avoid a banking collapse. And now China is faced with a decision. Keep debasing it’s currency that’s tethered to the collapsing dollar. Or. Launch a gold backed currency. We”ll see ? By hey Stan. Just know I’m always early on my predictions. I was wearing jeans with holes in them before they were a fashion statement. 🙂
Hi Greg, I have not yet been able to find this information . . . what is the “owner’s equity” of each U.S. Citizen?
Assets = Liabilities + Owner’s Equity
If we allegedly owe (liabilities) $290,000 per U.S. Citizen, what are the current assets per U.S. Citizen?
It appears (we the people) the federal government owns about 640 million acres of land in the United States, about 28% of the total land. What is the value of that land? What is the value of all the federally owned buildings? What is the value of all of our military equipment, and intellectual property, et cetera?
Without knowing the current assets per U.S. Citizen, it is impossible to determine the “owner’s equity” of each U.S. Citizen.
Thanks!
Zero.