Latest Posts
Trump is Molotov Cocktail You Can Throw on Crooked System-Catherine Austin Fitts
By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
Investment advisor Catherine Austin Fitts is backing Donald Trump. Fitts explains, “Michael Moore said in an interview that Donald Trump is a Molotov cocktail you can throw on the system. Interestingly enough, if you look at the federal system, it has a negative return on investment to taxpayers. If you believe you can never fix that, then throwing a Molotov cocktail into the middle of that is the most intelligent thing you can do for productivity. It was when I wrote the theme for productivity for the second quarter wrap-up I realized . . . I may have profound disagreements with Trump’s style, but I can throw the Molotov cocktail (voting for Trump). . . . I was going to vote for Gary Johnson, but in the second debate when Trump said I will appoint a special prosecutor, I stood up and cheered. (more…)
Controlled Demolition Coming-Not a Crash-Catherine Austin Fitts
By Greg Hunter’s USAWatchdog.com
Renowned investment advisor Catherine Austin Fitts says there is $9.3 trillion missing from the Department of Defense in 2015 alone. Fitts explains, “This is a phenomenal number and a phenomenal amount of money. This is the cut and run. All this money has been disappearing from the federal government. . . . I’ve been demanding to know what banks and contractors are liable for the systems. We are talking about transactions that are in violation of the Constitution and the laws related to financial management. . . . As I have described many times, they’re using financial securities fraud, both mortgage securities and, I believe, government securities to basically shift all the assets out (of the country). I think you’ve got a game going on, and the Fed is accommodating all sorts of securities fraud. Then, the money is being pulled out in a variety of ways.”
US & Clinton Beyond the Law-Catherine Austin Fitts
By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
Financial expert and former Assistant Secretary of Housing, Catherine Austin Fitts, says the U.S. government’s actions with Hillary Clinton means it is more lawless than ever. Fitts explains, “The entire country now looks like Arkansas . . . we’ve all turned into Mena, Arkansas, now. It’s pretty tragic. I have watched for two decades while 80% of the federal budget and federal credit has been run outside the Constitution and the laws related to financial management. I have never seen anything as blatant and outrageous as Loretta Lynch, prior to Hillary Clinton’s interview with the FBI, meeting with her disbarred husband, who is either the husband of or the target of a criminal investigation, and basically briefing him, I am assuming and what I believe on what Hillary needs to know, so she can skate the (FBI) interview. What the President, Lynch and Comey don’t want is the investigative team recommending to indict. . . . If you know anything about civil or criminal procedures, this is so beyond the law. This is so over the top that I have never seen anything more outrageous. It’s beginning to look like Mena, Arkansas, during the Mena drug running.”
Trump is Free to Throw Mud on Clinton-Catherine Austin Fitts
By Greg Hunter’s USAWatchdog.com
Former Bush Administration (41) Assistant Secretary of Housing, Catherine Austin Fitts, says this presidential election will be most painful for Hillary Clinton. Fitts explains, “Here’s the thing, Clinton has never had to answer for the real deal issues and dirt on the Clintons. Here’s what’s interesting. One of the reasons the Clintons never had to answer is so much of it was done with the Bush family and the Republican establishment. They were really partners in many of the things they did. Before the campaign, Roger Stone came out with a book on the Bushes and a book on the Clintons. It was sort of a compendium on all the real deal dirt. That’s now in the body politic. The second thing we see is George H.W. Bush, W. Bush and Jeb Bush all come out and say they are not going to back Trump. That means Trump is free to throw the mud, and it will hit the Clintons, but it will splatter all over the Bushes. Now, Trump is free to go.”
Pyramid of Lies Could Implode-Catherine Austin Fitts
By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
Financial expert Catherine Austin Fitts has correctly predicted no financial collapse year after year. Now, she is not so sure one can be avoided. Fitts explains, “In theory, it is easily possible to manage through the election. It doesn’t have to blow up, but if you look at what is going on in the campaign and in Washington, the leadership is blowing up. If the leadership doesn’t manage it properly, anything is possible. I think what the global economy and the U.S. economy needs is the rule of law. So, if we have to have this conversation to bring an end to this secrecy and privilege and get back to the rule of law so we can support productivity, then I say let’s have a mess. I’d rather deal with our civilization and our governance system now than later. The sooner we get back to productivity the better.”
Real Danger Is Violence and War-Catherine Austin Fitts
By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
Financial expert Catherine Austin Fitts has long said before there is another big financial crash, there will be a big war. Fitts explains, “If you look at how fragile the geopolitics are, the danger, as I have always said, is that we go to violence, and then things really come unhinged. So, I’m worried about violence and war and kind of situation getting out of hand. That’s when you get the really dangerous scenarios.”
Greece is Disaster Capitalism-Catherine Austin Fitts
By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
Investment banker Catherine Austin Fitts says the world is getting tired of what she calls “disaster capitalism.” What does she mean? Look no further than Greece as Fitts explains, “Greece essentially looks to me like disaster capitalism. You are trying to get another positive return by liquidation, but the reality is if you liquidated the global economy, you are not going to get a positive return. The game can go on for a while. The reason I said Greece and Puerto Rico rang the bell is you can see this game is getting very old. The IMF (International Monetary Fund) . . . is saying this is not sustainable. This debt is not sustainable. This is why this is important. When we loan money to somebody and it is predatory, we reduce the ability of paying back the debt. So it’s a lose/lose situation. If you skim off the top as a predator, you get a kick, but the reality is the longer you play that game, you cannot get a return on the money you have stolen. What I am saying is it is a spiral down, and it’s not going to work. . . . The IMF is saying we can get more debt paid back with a sustainable plan than we can get with an unsustainable plan.”
Black Swan Event-Shift in Consciousness-Catherine Austin Fitts
By Greg Hunter’s USAWatchdog.com
Money manager and financial expert Catherine Austin Fitts is worried about exploding global debt. It has almost doubled since 2007, and Fitts says, “Yes, I am worried about it, and I still think the chance for collapse is relatively small, but I am very worried about the level of violence going up to deal with the tensions resulting from this. If you look at the debt, there are several things to point out. One, the debt is very high, but it is bifurcated between who is borrowing a currency they can print and people who are borrowing a currency they can’t print. That’s of great concern to us because with a global slowdown, a lot of people have borrowed in dollars, and now they got to pay it back at the same time they have to earn dollars, where it is tougher to do.”
Lawless Leaders Changing the World-Catherine Austin Fitts
By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
Financial expert Catherine Austin Fitts says the world is changing through crime by our leaders. Fitts contends, “We are dealing with a lawlessness that is happening with the build out of the global systems, which is very ugly. If you look at what has happened to the Ukraine, so far, over a million people have lost their homes. That’s pretty lawless. The fighting is getting very, very painful. (more…)
War Greatest Risk-Not Global Financial Collapse-Catherin Austin Fitts
Greg Hunter’s USAWatchdog.com
In her latest report, investment advisor Catherine Austin Fitts says, “The greatest risk is not global financial collapse. Our greatest risk is war.” Ms. Fitts explains, “I am talking about war in many different venues. What we’ve seen in a place like Ukraine is very much defined by what’s called “soft weapons.” So, we are watching war through the information systems and cyber hacking. (more…)
Movement is Life-Catherine Austin Fitts
By Greg Hunter’s USAWatchdog.com
Investment advisor Catherine Austin Fitts knows the economy is bad, but not all bad. She says, “There are many aspects of the economy where the fundamentals are dreadful, and there are certainly parts of the economy collapsing in an evolving implosion.” Fitts contends capital has shifted out of the old system and into a new system that is high tech and rapidly evolving. Fitts explains, “One of the things that is keeping the slow burn going is that money flowing into the new system is being reinvested, and those parts of the economy are not only growing but growing strongly. . . . . (more…)
U.S. System Dependent on Crime and Fraud -Catherine Austin Fitts
By Greg Hunter’s USAWatchdog.com (Early Sunday Release)
Former Assistant Housing Secretary Catherine Austin Fitts says all U.S. citizens are partly responsible for banker fraud. Fitts, also a top Wall Street Banker, says, “What popular opinion has said again and again and again is it wants the dirty money. . . . It wants the U.S. to play this geopolitical top dog game to the extent it provides subsidy to them. We can’t have our cake and eat it too. . . . If we have a model that is dependent on crime and fraud . . . we have to change the model.” Fitts calls what we have today “the Central Banking Warfare Model.” (more…)
Old System Struggling and Dying-Catherine Austin Fitts
By Greg Hunter’s USAWatchdog.com
Money manager Catherine Austin Fitts says, “You are seeing a tug of war between the new system that’s coming up and the old system that’s struggling and dying.” Fitts explains it by saying, “Let’s pretend we have a company called USA, and we create a new company called Breakaway Civilization. We move all of our assets out of USA and put them in Breakaway Civilization. We leave union obligations and pension funds . . . in the old USA economy.” (more…)
A Political Problem-Not an Economic Problem-Catherine Austin Fitts
By Greg Hunter’s USAWatchdog.com
Investment banker Catherine Austin Fitts sums up the historic global financial problems by saying, “We have a group of people who have the power to act with impunity. They are above the law. They are centralizing and consolidating economic and political power. We have a political problem. We don’t have an economic problem.” (more…)
Guns Protect Honest People-Catherine Austin Fitts
Greg Hunter’s USAWatchdog.com
Financial expert, Catherine Austin Fitts, says the sudden turn to gun control in the face of mounting financial problems is no accident. Fitts contends, “Guns protect honest people. It’s a little scary, the timing of this, and I think a little bit obvious. Gun control is a way to take away the financial assets of the honest hard working people.” (more…)