Complete Breakdown of Financial Controls in US Government​, Says Austin Fitts


Posted on 12th March 2014 by Administrator in Economy |Politics |Social Issues

Complete Breakdown of Financial Controls in US Government, Says Austin Fitts

Former HUD Assistant Housing Secretary and investment advisor Catherine Austin Fitts reveals her thoughts on the ever-rising debt ceiling… what Obamacare is really about (and that’s not socialized healthcare)… why over $4 trillion missing from federal programs may not be incompetence, but a covert strategy… how to protect yourself from the constant devaluation of the US dollar… and what exactly the Popsicle Index measures and why it matters.

Here are a few excerpts:

“I don’t see Obamacare as something designed to offer healthcare. … I think the question comes down to a bigger one, which is, are we going to create a society where one hundred percent of everything is digitized and under central control?”

“Who is the governance system, and why are they behaving the way they are behaving? What we see is literally a psychopathic effort and intensity—whether it is in the energy area, whether it is in the currency area, whether it is in the food area, whether it is in the healthcare area—to get 100% central control and to use digital means to do it, and the question is why?”

“Well, you have a complete breakdown of internal financial controls in the US government. … You had over $4 trillion of what is called undocumentable adjustments and to this day, [these agencies] have never, as required by law, produced audited financial statements.”

“In my experience, government is not incompetent at all. … Gridlock is a cover story, incompetence is a cover story. There is a plan, you just can’t see what it is.”

  1. MuckAbout says:




    12th March 2014 at 9:01 pm

  2. Billy says:

    Why is it “garbage” Muck?

    Is it so hard to believe that the psychotics in Mordor wouldn’t want everything under their control? To syphon off as much cash as possible and not be accountable for it?

    On September 10th, 2001, the day before 9/11, I remember the SecDef speaking – the subject was One Trillion dollars that just magically went missing from the Pentagon.

    Nobody spoke of it ever again.

    Then there’s footage of some congress critter grilling one of the higher-ups at The Fed from a few years ago about how The Fed had made trillions in off-the-books loans to… who? The Fed crony claimed terminal stupidity and had no idea her own fucking bank had made the loans… we know the loans were made, that they were made off the books… just don’t know to whom it all went to.

    But we know who’s on the hook for all of it. Me, you.. Joe Taxpayer…

    And that’s just what I know off the top of my head… and you pooh-pooh this person because she called bullshit on Congress and the rest of the filth in Mordor?


    12th March 2014 at 11:09 pm

  3. Econman says:

    Because that person doesn’t understand it & is the intellectual sister of Sheila Jackson-Lee.

    Thinking is tiring for most people.


    13th March 2014 at 12:04 am

  4. Econman says:

    Peter Schiff responds to The Daily Show

    What’s hilarious is, the minimum wage is fine, it’s just that the money has been devalued so much.

    Why raise the minimum wage when the Fed is actively trying to do the opposite? It’s like a firefighter shooting water into a burning building while a government helicopter dumps gasoline on the fire.


    13th March 2014 at 12:09 am

  5. Maddie's Mom says:

    100% digitized central control?

    I absolutely believe it. Because most of the sheeple will love it. They already do.

    “There is a plan, you just can’t see what it is.”



    13th March 2014 at 10:46 am

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