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20101022_Catherine Austin Fitts

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Uploaded by on Dec 23, 2010

Former Assistant Secretary of Housing under George H.W. Bush Catherine Austin Fitts blows the whistle on how the financial terrorists have deliberately imploded the US economy and transferred gargantuan amounts of wealth offshore as a means of sacrificing the American middle class. Fitts documents how trillions of dollars went missing from government coffers in the 90's and how she was personally targeted for exposing the fraud.

Fitts explains how every dollar of debt issued to service every war, building project, and government program since the American Revolution up to around 2 years ago - around $12 trillion - has been doubled again in just the last 18 months alone with the bank bailouts. "We're literally witnessing the leveraged buyout of a country and that's why I call it a financial coup d'état, and that's what the bailout is for," states Fitts.

Massive amounts of financial capital have been sucked out the United States and moved abroad, explains Fitts, ensuring that corporations have become more powerful than governments, changing the very structure of governance on the planet and ensuring we are ruled by private corporations. Pension and social security funds have also been stolen and moved offshore, leading to the end of fiscal responsibility and sovereignty as we know it.

Fitts explained how when she was in government she tried to encourage the creation of small businesses, new jobs and new skills to compete in a globalized world otherwise the American middle class was toast, only to be forced out by the feds using dirty tricks. The elite instead wanted Americans to take on more credit card, mortgage and auto debt that corporations and insurers knew they couldn't afford, while quietly moving their jobs abroad in the meantime.

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Top Comments

  • Download. Burn. Pass them out. This is so mainstream that even the sleeping masses might, "Get It." Then again most people would rather watch TV than even get indignant about the big fat pole stuffed up theit butts. Probably not their fault, since it's the insiduous programming ingrained in their minds. To just shut it out. Do not think. Under no circumstances do anything about it.

  • 100% Right governed by big corporations

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  • @slowfinger2 I think its worse than that. More than to "not think" but "to think in a manner that deliberately ridicules those who are awake and aware of the actual agenda, steering themselves and others away from the real truth" Not disagreeing just pointing out that the sleeping masses are having a lucid nightmare. The elite are really good at being bad, they've had a lot of time to practice; say...since the beginning of civilization. Good news is, their agenda is a house of cards.

  • I'm so sick of hearing Alex Jones’ hoarse 'chain-saw' voice dubbed onto everything. We already know what Alex Jones has to say, we don't need his aggravating voice plastered onto everything.

  • BUT FUNNY ENOUGH on the Solari website the LOGO they use is the Templers 2 horsemen on a horse .

    THE SECOND HORSEMAN was added when the french Kings spies observed them in their homosexual escapades in their Spanish Castle . Yes ... Sun worshipers and why does Mrs FITTS endorse such a logo ??????

  • borrowed money is like drugs and the entire nation is addicted.

  • @WiseMonkey888 Well, at least you're having fun with him. Don't expect anything beyond what you've just gotten - both barrels of his contempt full in the face. You should probably try a different tack - such as attacking his argument from the quantity standpoint: he claims the pain and suffering of life outweigh the joy and happiness. That's his real achilles heel, and nobody seems willing to call him out on that little error of thinking...effectively, anyway...

  • America, by the corporations, for the corporations. I often wonder how whistle blowers like Ms. Fitts has been "allowed" to .tell this story and she's still alive........ oh, maybe because this is the truth and there is nothing much we can do about it, except peaceful non-co-operation. Don't play the game. Maybe try being really spiritual.

  • @unsheepled

    I don't watch TV period. Sure buying a house, car with no down payment and using triple leveraged ETF's on margin accounts have always been a great idea. Who were the people hypnotized with the conditional emotional response. Mrs. Fitts is making excuses saying that their is no way a consumer can be intelligent enough to have foreseen the consequences of their actions. Banks greed and societies sheer stupidity have led to this situation and who are the one's hurting? Not Fitts.

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