Catherine Austin Fitts issued an updated report on Missing Money. She found a total of $21 trillion went missing from two federal agencies since 1998. (My apologies. Originally, I had a mental block and misread her original report saying that this money had gone missing since 1998. I misread it as 1988 probably because I could not believe how much money they were stealing.)
That would be from HUD (Housing and Urban Development) and DOD (Department of Defense.) She was assisted by Dr Mark Skidmore and his graduate students who found these staggering sums went walkabout citing government sources. Dr Skidmore is also a co-editor of the Journal of Urban Affairs.
The government speak term for missing money is Undocumentable Adjustments.
In some years more money went missing from an agency than was budgeted for the year. How was that possible?
Catherine used to be Housing Commissioner in the first Bush administration. She found one city block in San Diego that had $20 million in defaulted HUD loans. These loans were made by HUD on non-existent properties that did not even have US postal addresses. She concluded that HUD was being run as a criminal enterprise. Many other researchers have come to the same conclusion: the American government is run by criminals who own the Republican and Democratic parties. Obviously, they also own the corporate media.
You can see the report here: https://solari.com/blog/dod-and-hud-missing-money-supporting-documentation/
There are other departments with losses but they are not covered in the reports by Dr Skidmore. Indira Singh said that money was being stolen by the tens of billions from Social Security.
There have been no arrests of those persons who have been stealing money by the trillions because they own the courts, the police, the press, the Foundations and the politicians. There can never be arrests until we seize the government.
The video below is an interview with Catherine Austin Fitts in which she discusses the revised figure of $21 trillion in missing money.
I have not written much of late. I have said all I need to say to convince rational and honest people to seize control of the government. If they don’t, the people who think they own the government will get us all killed.
But there are a few developments I should point out.
Iran is mass producing Mach 13 and Mach 14 missiles. They licensed the technology from Russia. Hezbollah has underground manufacturing plants mass producing missiles, drones and small arms.
Putin had been restraining his transfer of technology to Iran, Syria and Hezbollah, but he has opened the flood gates. Why? I believe he realized that the criminals who run America are psychopaths. He wants the next war to be over quickly and the outcome to be decisively in his favor. The US has no defense against any missile faster than Mach 10. The Washington War Game is over. Hopefully, the professionals in the US military will not follow the Pentagon brass off a cliff. You might remember that Obama had threatened to bomb Syria back to the Stone Age but professional officers and enlisted men said No. They did not join the US military to fight for Al Qaeda.
There are lots of professional money managers with proven track records who tell us that the stock and bond markets are about to collapse. I agree with them. Many professionals have concluded that the Petrodollar is dead and that the purchasing power of our wages, savings and pensions will soon be cut in half. As I said many times before, we will have Nationwide Food Riots in America unless we have Debt Cancellation and monetary reform.
I have been investigating the possibility of the world transitioning into a Mini Ice Age over the next couple of years. One well researched source says this could start in winter 2019 and last until 2034 or later. A few billion people could die. We have always had mass die offs during previous cooling periods. We won’t have cities in America and Americans will need to relocate to a rural area well below the 40th parallel. That is the Kansas-Nebraska border. I will tell you when I relocate to a farming community.
I have been investigating the works of Dr Elaine Ingham on soil biology. She once raised crops in an area that had suffered a drought for 27 years. Mycorrhizal fungi bring water and nutrients to a plant’s roots from several feet away. Soil biology needs a minimum temperature of 53 degrees Fahrenheit to function. When it gets cold, the crops die except for broccoli which does not use fungi to gather its water and nutrients. I am looking into greenhouses and alternative energy. I am not interested in solar energy if we have a Mini Ice Age while suffering from increased volcanic activity.
There are solutions. We could end this current Depression by cancelling Unpayable Debts as the kings of ancient Sumer did some 4,400 years ago. Read the following:
Debt Cancellation Is The Best Way To Take Down Bilderberg
The present government would never permit reform even if millions of Americans starved to death. But they could demand martial law. If we do get martial law, the next logical step would be for the US military to seize control though a coup by junior officers that changes things so they don’t have to shoot a few million of their fellow citizens. Please remember that Americans own 350 million guns and 10 billion bullets so no military man would like to stand between Wall Street’s stolen money and tens of millions of Americans who cannot afford to feed their children. I would suggest the coup leaders adopt a non-interest bearing currency like President Lincoln’s Greenbacks and that they ban fractional reserve banking.
How And Why An American Military Coup Could Save The World