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.
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.