We used to have the moral high ground. We aren’t the Good Guys anymore. Rob Kirby
Catherine Austin Fitts believes we are still in the Slow Burn phase during which all of our resources are being systematically stolen by Wall Street and the City of London. The Bankers have stolen tens of trillions of dollars which they have taken out of our collapsing economy and amongst other things have invested their ill gotten gains into what few growth companies there are. She is an expert on the Black Budget. An estimated trillion dollars a year in illegal drugs and weapons sales is laundered by the Big Banks. Asia Magazine said the banks launder $500 billion a year in political bribes with $200 billion going to Chinese politicians. And billions of dollars every week are stolen from agencies, such as, the Pentagon and Housing, which the taxpayers are not allowed to audit.
Catherine says the US federal government has intervened in the markets to favor big corporations so the amazing growth in technical knowledge only benefits corporate insiders. The bankers also cut off credit to small businesses so our scientific advances are only allowed to benefit the largest corporations. It is the aim of Wall Street that you live in a controlled society even if that means our GDP does not grow.
My regular readers are aware of the 2007 Swiss study from their Federal Institute of Technology which showed that 20% of all international trade was controlled by 147 corporations. It also concluded that these corporations shared Board of Director members. These corporations are really one. They are opposed to regulation by national governments. That is why they have supported the European Union and the trade treaties which undo national regulations. I have called the European Union Rothschild land. David Rothkopf, the former managing director of Kissinger Associates, wrote Superclass in 2008. In it he says there are 6,000 high level minions working for the 30 families that run the world or at least Europe and the English speaking world.
The French and Hungarian governments amongst others have banned GMO food. A French GMO test found that lab animals grew very large tumors in the first generation. By the third generation the few surviving animals all had undersized bodily organs, were runts and were sterile. This GMO study is being reproduced in other countries. But the European Commission has intervened and overturned those national bans on GMO so the health of Europeans will be put at risk just as their cousins in America have been. I might remind you that 10% of all American teenagers by their 19th birthday will suffer from liver diseases most commonly found in the elderly. This is thought to be due to the consumption of GMO High Fructose Corn Syrup.
Trade treaties like NAFTA (North American Free Trade Act), TPP (Trans Pacific Partnership) and TAFTA (Trans-Atlantic Free Trade Agreement) put corporations above national laws. The Trans-Atlantic Free Trade Agreement (TAFTA) would combine the European Union with the North American Union of Canada, the United States and Mexico into one gigantic trade union where you will have absolutely no rights at all. All disputes by corporations against national laws will be settled in private by judges and lawyers paid for by the 147 Mega Corporations which are the New World Order.
Catherine Austin Fitts also commented on the report that 40% of all existing jobs will be automated. Automation will transfer even more wealth to the 0.01%.
She said that 2014 is a year of movement. If we want to survive, we will have to move quickly. We will not survive if we do not adapt to rapidly changing circumstances.
My comment is that billions of people will not physically survive if we do not soon take strong counter measures.
Wall Street stole all of our pensions and savings. They sold trillions of dollars of fraudulent Mortgage Backed Securities which were illegally given AAA ratings. As Catherine pointed out, automation has taken jobs and will take more. But The United States and Europe are both being flooded with legal and illegal immigrants. I do know America better than Europe so I will say for a fact that Wall Street wants to destroy the United States with multiple Racial Civil wars. (Hispanics against blacks. Blacks and Hispanics against whites.) The disenfranchised will be fighting in the streets for food and other basic necessities while the Superclass and their 6,000 minions will go into hiding in their bunkers waiting to emerge after the first billion people die either from starvation or in the Food Riots, Race Wars and Revolutions.
Catherine will probably never say when we will go from Slow Burn to Absolute Chaos and the worst Financial Crisis in 500 years.
Enter China. Rob Kirby recently said the Chinese made 22 currency swap agreements with foreign governments worth $2.5 trillion. I have written before of the undeniable fact that China bought all the gold mined in the world last year. This gold trade deficit will continue for as long as the US can deliver gold even if NATO has to invade every gold exporting nation in Africa. My regular readers know that China is expected to announce in 2014 (possibly April) what their actual gold reserves are. Over the past two decades the US has exported 5,500 tons of gold more than it had available. This means that the US Treasury sold the US gold supply at Fort Knox to bullion banks who through the magic of paper promises sold each bar five times. The Chinese bought every one of those physical bars and sent them to home to Asia. The Chinese could have 7,000 tons of gold according to Jim Rickards and more than 10,000 tons according to Jim Willie.
The Chinese have been recasting their gold into kilogram size bars. Hundreds of Arab billionaires are doing the same. This is in preparation for the Global Currency Reset when gold is valued at $7,000 an ounce. That revaluation cannot happen until after China announces their gold inventories are substantially higher than the thousand plus tons they admitted to five years ago. 40,000 tons of gold allegedly on deposit in bullion banks is actually missing so any publicity out of China will cause a cascade of short calls on gold derivatives and demands from bullion banks for delivery that will bring the entire Western world down in one business day. China could announce a gold backed yuan convertible into Russian rubles and 20 other currencies at fixed rates. That would drive a stake threw the heart of the Vampires of Wall Street.
Jim Willie says that Russia could demand payment in gold for natural gas and oil delivered to the Ukraine and possibly Europe. That should upset a few apple carts.
Michael Hudson wrote Super Imperialism in which he explained how the US violated the Bretton Woods agreement that made the US dollar the world’s reserve currency replacing gold and the British pound. Hudson described how the US was funding its wars by inflating the supply of currency used to settle trade. Since WW II we have been getting real goods like cars and clothes from foreigners in exchange for increasingly worthless paper. When Hudson explained in person to the Pentagon that foreigners were paying for their own exploitation and occupation, a general said, “Wow. We are ripping people off.”
The tens of millions of Americans who are or will soon be losing their pensions will be joined by billions of people overseas who are being paid in I Owe You Nothing Federal Reserve Notes for what they produced in their mines, on their farms and in their factories. Unemployed Americans have been economically drafted into wars for Israel and for the 147 corporations that include the oil companies, the munitions industry and the Too Big To Jail banks.
Catherine said she expects the banks to push us to brink of war but not war. As I have said, the US military has told both the Bush and Obama administrations there will be no World War III. And America will definitely not attack Iran. Of course we have American troops in more than a hundred countries. And NATO is paying Al Qaeda to massacre Christians and Muslims in Syria.
Obama is killing innocent people with drones in Pakistan, Yemen and elsewhere because we do not have sufficient soldiers to occupy their countries. Drones are a cheap way to stir up opposition and to destabilize nations that we do not want to reject Dollar Imperialism.
I do not understand why so many Muslim nations accept dollars. The acceptance of dollars paid for the killing of millions of Muslims since the First Gulf War.
The US in invading African nations and stealing their gold, their oil and other natural resources. Why do Africans still do business in dollars? I can say the same for Latin America. Why are they accepting dollars? The drug cartels either work for the CIA or are attacking those that do. More than 80,000 Mexicans have been brutally killed in the CIA sponsored drug wars. I cannot count the number of nations in Latin America the United States has invaded. I do not understand why Latinos accept dollars.
For that matter I do not understand why American workers are not bailing on dollars and buying silver. America still has some pre-1965 silver coins available that can be used when, not if, the dollar collapses.
We are very, very close to the point where New York and London cannot deliver gold to Asia. That is likely the day the dollar collapses, gold goes to $7,000 an ounce and American wages and pensions are cut in half. The Chinese leadership has stashed $4 trillion which they stole from their people in Caribbean banks. The only events capable of sending the dollar into immediate collapse would be either another earthquake-meltdown in Japan or a financial meltdown in China. The coming EU elections will go against the European Union. Bankers will retain control of the parliament but they will lose the battle in the streets this summer. Europe will likely not go under until after Asia takes down America.
I will continue to say the following until America is either subjugated by the bankers after they have killed 120 million of us or the US military has intervened to say No More: The only force in the world capable of organizing Worldwide Debt Cancellation and monetary reform is the US military. There is little time left for them to act. I do not expect anything to be left of what America was after Wall Street installs another puppet President in January of 2017.
The following article will explain how corporations use trade treaties to put themselves above the law.
TPP + TAFTA = TPA = Treason
If the military takes over America, they will have to release Tesla energy to replace nuclear power. The US has 8 nuclear power plants directly on top of long overdue earthquake fault lines and a dozen in close proximity. If we do not shut those plants down soon replacing them with Tesla energy, America will have half a dozen Fukushimas.
2014: Earthquakes. California And New Madrid?
Read this and then ask your politicians what a Depression is, what causes them and how are they cured.
2014: Bank Runs, Depressions, Austerity and Food Riots
This next article explains why Israel demands we die to make it safe for their fantasies.
Zionist Pre-Traumatic Stress Disorder: A Fatal But Treatable Social Disease