If you like reading about conspiracy theories and viewpoints of that sort, you’re really going to like Jason’s interview with Catherine Austin Fitts in The Creating Wealth Show #96. Ms. Fitts name pops up from time to time on the syndicated late night radio show Coast to Coast AM but, lest you dismiss her views as those espoused by a wild-eyed radical tilting at shadows, remember she served as Assistant Secretary of Housing and Federal Housing Commissioner during the first Bush presidency. Fitts also was an investment banker, and managing director and board member of the Wall Street firm, Dillon, Reed, and Company, Inc.
Ms. Fitts knows what goes on behind the curtain in our “free” market exchanges because she’s seen it up close and personal. Her term for the way stock markets around the world actually work is “shadow trading.” And her take on the financial coup d’etat in America may be quite surprising to some and just what others always expected. Here it is in a nutshell. Lace up your sneakers. We’re going to go fast.
In the mid-90’s, a usurpation of power was undertaken around the world with an organized effort to centralize political and economic control. By whom? By THEM. The vehicle of choice was a manipulation of financial markets and financial vehicles. Beginning in 1998 and continuing over the next five years, $4 trillion literally disappeared from the Federal government. Enron and Telecom stocks came crashing down about the same time institutional investors were shifting money overseas to the tune of an additional $6 trillion. That’s $10 trillion! How did this happen? It was helped along by a time of spend-happy consumerism in which everyone was racking up massive amounts of debt. While we were on an orgasmic spending spree, THEY were draining pockets everywhere.
THEY don’t believe in capitalism or free markets.
stock.xchng / dking
