Financial Rape of America – Catherine Austin Fitts

By Greg Hunter’s USAWatchdog.com (Early Sunday Release)

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts warns that the “financial rape of America” is nothing more than “re-engineering” the debt based economy. This “rape” is happening from earth to space, and it connects to $21 trillion in “missing money” that has disappeared from the federal budget since the late 1990’s.  Fitts explains, “I started to look at where all this missing money from the federal government is going, and it led me into space.  There are lots of questions.  In the last few years, the commitment by the American government, the European government and the Asian governments have become much more overt.  There is also the commitment from the private sector. . . .It’s becoming much more feasible to do manufacturing, mining and other things in space. . . . You see a lot of the corporate world lining up to do this. . . . I think that is very exciting.  At the same time, if you look at the sub-orbital platform and the orbital platform around earth is being used for control . . . and a lot of it comes down to control, control of what is going on in the planet.”

The “rape of America” is happening with the pension funds, according to Fitts. Fitts is worried about the value of the U.S. dollar.  Fitts says, “I have never been worried about the U.S. dollar, and we have argued a lot about this, but I am now starting to get very concerned. . . . The biggest buyers of U.S. Treasuries are U.S. pensions.  Basically, the U.S. pensions are buying trillions of dollars of U.S. Treasuries, and the money goes into the government, and then the money goes out the back door.  In the meantime, the taxpayers, including those pension beneficiaries, are on the hook for those Treasuries.  So, you are giving away real money, and all you are getting is a liability. . . .So, the federal government literally becomes a laundry mechanism. . . . Now, I am seeing multiple efforts, disinformation efforts, fear porn and hope porn all pushing that it would be a good idea to dissolve the U.S. government and auction off the assets, which is the “rape of Russia” plan right here in America.  Privatization is when I transfer an asset out of government at market price.  Pirate-tization is when I transfer it out at 10 cents on the dollar.  A lot of the plans I am hearing are proposing just that. . . . Are they going to do a radical re-engineering in a way that is bad for the taxpayers?  I am seeing lots of ideas floated about partial defaults and dissolving the U.S. government and paying the debt back by auctioning all the assets.  It’s pretty scary. . . . In Russia, you had significant depopulation happen because of this.”

Fitts says she sees an “enormous level of ignorance about how money works.” So, what can the average guy do to protect himself and his family?  Fitts says, “You want to get as resilient as possible.  You cannot solve a political problem with a financial solution.  When we are talking about the level of lawlessness that we are seeing around the country now, it gets very granular on how you protect yourself.  So, you want to get as resilient as possible, and you want to get as low of an overhead as possible and as low of debt as possible.  If your income depends on the U.S. government, you want to make sure you have alternatives.”

Join Greg Hunter as he goes One-on-One with financial expert Catherine Austin Fitts of Solari.com, home of “The Solari Report.”

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After the Interview: 

Fitts says her research shows that profits and revenues from the space based economy will be significantly higher than the rest of the stock market. Fitts is also saying that gold and silver prices will be heading much higher in the coming months and years ahead.

There is free information on Solari.com.  For more detailed information and exclusive content click here to get “The Solari Report.”

Here are links for the stories Catherine Austin Fitts referred to: The Federal Reserve Solari Report,  The Solari Report on Pensions and  The Solari Report on the Missing $21 trillion from the DOD and HUD.

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Comments
  1. Paul ...

    Fitts says: “You want to get as resilient as possible” … so take your loose change (mostly nickels) and save them in a big jar … because it’s going to be quite awhile before we begin mining asteroids … in the mean time … the only two92) sources of “class one” nickel is Canada and Russia (and that’s it) … with Trump moving against Russian aluminum … Russia will likely deny the US nickel (which is very rare) … already the price of nickel has begun to jump upward … and remember … only “class one nickel” can be used in “nickel rich Lithium Ion batteries” needed for electric vehicles and solar storage systems (pig iron derived nickel won’t work) … as the ordinary nickel coin begins to be removed from circulation by people hoarding them … the ordinary nickel coin in your pocket change could easily sell for 15 to 25 cents each!!… during the hard times to come having 4 nickels equal to $1 dollar will come in very handy as bread will likely only cost you between 4 and 12 nickels a loaf!!!

    • Joy

      There is only 25% nickel in a US nickel. However, Canadian nickels 1965–1981 are 99.9% nickel. Those are the best deal if you live near Canada and are looking to build a nickel hoard.

    • R. Patrick

      Your probably right Paul…..

    • Frederick

      Is there actually any “nickel” in a nickel coin? I thought it was plated

      • Paul ...

        Frederick … As Joy says above “Canadian nickels 1965–1981 are 99.9% nickel … and are the best deal (if you can get them)” … otherwise the American nickel is your only “easy choice” left … the US Jefferson nickel (1938-1942, 1946 to date) is composed of 0.75 copper and 0.25 nickel (it is not plated yet Frederick) … so for people who can’t afford to stack away gold and silver simply collect 4 lbs of Jefferson nickels (about 356 nickel coins) and it will contain 3 lbs of copper and 1 lb of nickel … spot copper is currently selling for about $2.60 per lb and spot nickel is currently selling for about $7.00 per lb … now if Russia imposes sanctions on the US limiting nickel supplies … we could see nickel prices jump to $20 to $40 dollars per lb … so 4 lbs of Jefferson nickels could have a value close to $50 dollars in a sanction situation (or each nickel could be worth $0.40 cents each) … so every one dollars worth of nickels you stack away (20 of them) from your loose change … could in a crisis situation be worth up to $8 dollars … enough to buy your family a loaf of bread … an easy alternative option for those finding it too difficult or expensive to stack gold or even silver!!

    • Mike G

      bad money drives out good money, and now we are down to nickles

      • Paul ...

        Mike … consider this crisis situation … you run to the store and the cost of a loaf of bread is $8 dollars … you pick up the last two loaves on the shelf and take it to the checkout counter … you hand the “snowflake” at the register a one ounce silver dollar (you paid $16 for) … and the “snowflake clerk who knows nothing about real money” says to you … “this is only a dollar you owe me 15 more of these dollar coins” to purchase this bread … do you pay the idiot effectively $256 dollars for two loaves of bread? … or do you let someone behind you on line with 320 nickels (that they only paid $8 dollars for) buy those last two loaves of bread in the store?

        • Paul ...

          Being prepared means you “prepare for every situation” … remember there are crooks in the world besides the Fed banksters … that “snowflake behind the counter” may only be “pretending” not to know the value of a silver dollar (to rip you off) … so we prep’ers should all save some nickels (just in case)!!

          • Beverly Kingsford

            Some nickel might do a little good, but what we need on hand is food. We can store wheat, we can prepare garden spaces and use them, we can bottle our own food and dry it. You can buy 5 gallon buckets of grain type foods. Store some water. If we have no electricity when this all goes down, we will be living like the Amish. We need to get used to that idea. God will take care of the dirty rotten scoundrels, although we need to be prepared to fight. God helped Joshua and the Israelites. He will help the righteous people in these last days too.