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. (more…)

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

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says when it comes to making government accounting secret, there is widespread bipartisan support. We are talking about the new rule from the Federal Accounting Standard Advisory Board (FASAB rule 56) that took government accounting dark. Fitts explains, “If you look at FASAB rule 56, it was approved by both the (Trump) Administration and the bipartisan (Congress) on the same week that everybody was screaming about Judge Kavanaugh. It was passed while we had all the hearings on Mr. Kavanaugh’s teenage sex life.  At the same time everybody supposedly looks like they are fighting, we had a bipartisan Congress and Administration pass this very quietly underneath the attention given to the Kavanaugh hearings.”

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

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says the federal government made $21 trillion in “missing money,” discovered in late 2017, a national security issue the public is not allowed to find out where the money is. Fitts explains, “There is a big study we published at Solari.com. If you go to the annual wrap-up on DOD and HUD ‘missing money,’ we have a whole piece on FASAB Standard 56, and it explains how it works. Essentially, what it says is there is a secret group of people, by a secret process, that can take a portion of the financial statements on the books and make them secret. You cannot know what a secret is and what is not.  (more…)

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

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says it looks like a “global recession is coming.” Is that going to cause the debt reset we’ve been hearing about for years? Fitts says, “Make no mistake about it, there is no reason for the federal government to default or monkey with any debt because they can literally print the currency. The question is how do they make sure whatever they are printing really holds any kind of store of value. I think the reason you are seeing them reengineer the federal bureaucracy and financial transactions infrastructure is because they want much greater and tighter control to do whatever they do, and that includes to continue to debase the currency. They could do this (reset) entirely by debasing the currency. . . . (more…)

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

Financial expert Catherine Austin Fitts has said for years that the economy was not going to crash, but be on a “slow burn.” How long can they make this heavily indebted game last? Fitts says, “Our problem as investors is we don’t know. If you look at all the information we need to make an intelligent assessment, we don’t have access to that information. I have said many times this is a military question. Who has the biggest weapons and who has the ability to deliver force and control? So, we are living with maximum uncertainty. . . . Clearly, we are headed into a new currency world that’s part of a new control system, but the answer is we don’t know when. My fear with many, many commentators is they are underestimating the power and endurance of the system. I am always getting yelled at because people think I am pro-empire. I am not saying I am pro-empire or I am for the things they are doing to keep it going.”

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

Investment advisor and former Assistant Secretary of Housing, Catherine Austin Fitts, predicts the global financial system “will take some big hits before the end of the year.” Fitts explains, “Right now, economists say the dollar is ‘dangerous and dominant.’ It’s still, if you look at the market shares around the world, it’s still very, very significant portion of total reserves. So, it’s still very important. At the same time, the U.S. dollar hegemony is probably not going to last forever . . . (more…)

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

Financial advisor Catherine Austin Fitts says, “The global economy is going to be controlled from space.” Even the U.S. dollar’s viability will depend on “how good the U.S. space program is . . . . President Trump gets it.” Fitts contends, “Trump has done a remarkable job educating the American people about the real deal. He’s currently educating people that you have to make the cash flows work on trade work. That’s number one. There is such a thing as financial accountability. (more…)

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.”

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By Greg Hunter’s USAWatchdog.com 

Financial expert and investment advisor Catherine Austin Fitts contends the Federal Government allows pension funds to be robbed. Fitts explains, “Our pension funds have real money.  Those pension funds basically finance the government and what the government is doing.  So, they buy Treasury securities, and then the government turns around and gives that money to the black budget firms.  It goes down the rabbit hole, and, meantime, what we get back in our pensions is an IOU from the government, which now we owe ourselves.  We are giving up real money, and what we are getting is an IOU from ourselves back.  If you step back and look at it at the highest level, it is a huge money laundering scheme.”

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

Financial expert and investment advisor Catherine Austin Fitts says the U.S. Government runs on massive criminal activity. Fitts explains, “The U.S. economy is deeply dependent on criminal cash flows.  We’re the global leader in money laundering.  If we stopped doing that, the economy would be in for a major, major change. . . . The preference for most Americans is to keep that system going as long as it works for them.  So, it you are a public official, you are between a rock and a hard place.  If you press the red button and stop the illegal cash flows, then all hell breaks loose. . . . The U.S. Government has been run as a criminal enterprise, and I have documented and proved that on multiple occasions.  (more…)

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

Investment advisor and former Assistant Secretary of Housing Catherine Austin Fitts says you can add $21 trillion of missing federal money on top of the $20 trillion U.S. deficit. It’s all in a new explosive report on Solari.com.  Fitts explains, “This is $65,000 for every man, woman and child resident in America.  In addition, it is now more than the outstanding official debt on the U.S. balance sheet. . . . We know that the U.S. government has been run like a criminal enterprise from a financial standpoint.”

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By Greg Hunter’s USAWatchdog.com

Renowned financial expert Catherine Austin Fitts warns there is not much time left for the current system. Fitts contends, “We have built an infrastructure that doesn’t make economic sense, and we are going to have to change.  What’s happening in state and local budgets is the same thing that is happening in health care.  It’s the same thing happening in all these different areas, which is we have engineered government investment to prop up the stock market. . . . Washington, D.C., is basically run for the political campaign contributions generated from capital gains in the stock market.  The problem is, to get that rise in the equity markets, we’ve ended up pumping out enormous amounts of government debt and government money that has a negative return for taxpayers.  It’s not sustainable, and the game is up. . . . I’ve been telling you for 15 years we were going to have a slow burn.  I am telling you that’s over, and we are now into controlled demolition.”

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By Greg Hunter’s USAWatchdog.com 

Financial advisor Catherine Austin Fitts says if you want to have a really good economy, you have to “get rid of debt, crime and war.” Fitts says, “Instead of having more debt, more crime and more war, we need to get interested in shifting.  The President is getting very, very frustrated because he is in the machinery, and the machinery has no interest in changing.  If you look at what’s going on, it’s very dangerous.  Many of the people that got him elected are systematically being taken out.”

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

Former Assistant Secretary of Housing and financial advisor Catherine Austin Fitts says the Trump Administration is at the beginning of a long war against his deep state enemies. Fitts recommends, “I don’t think it’s an accident that WikiLeaks dumps out documents proving that the CIA has the capacity to do a hack and make it look like the Russians.  So, what we are watching are war games.  This is like chess.  You try to take out the lieutenants before you take out the queen. . . . My guess is you have very significant capacity on the Democrat side, literally hundreds of people and law firms doing surveillance and intelligence, and figuring out how they can weaken the Trump team.  Now, what we see coming back the other way, including the WikiLeaks dumps, there is clearly capacity on the other side.  (more…)

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

Investment advisor Catherine Austin Fitts says the oligarch, or establishment class, is on the attack. She calls this latest chapter in the Trump Administration “The Empire Strikes Back.”  Fitts explains, “Number one, Trump came into Washington with an agenda that would really make America great again:  tax reform, regulatory relief, infrastructure and Obama Care.  Immediately, he got bogged down in those for a variety of reasons.  If you look at Congress’s constituents, they can’t make money solving those things, particularly if it helps regular people.  (more…)