#305 - $21 Trillion Black Budget is Funding a Rogue Breakaway Civilization | Catherine Fitts

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Danny Jones Podcast 2h 33m 5 speakers 8 chapters transcribed
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How does mortgage fraud fund U.S. covert operations?

Unknown 0:07
Well, thanks for coming here. I'm really excited to talk to you.
Catherine Austin Fitts 0:10
Thank you. As I said, I really enjoy your show.
Unknown 0:14
So for people that don't know, can you kind of give us a summary of your background in the government, working with the Bush administration and then getting into like finance and all this stuff?
Catherine Austin Fitts 0:26
So I grew up in Philadelphia and I got very interested as a child on, I got very interested in money and why everybody was destroying everything on the theory that somehow that made them money. And so I decided I was going to understand how all the money worked in a neighborhood. And what I didn't understand until I went to Wall Street is you literally have to know how all the money on the planet works to understand how the money in a US neighborhood works. because it's organized it's very centralized and it's organized so that you know so if you and i go to the white house we'll say here's how all the money works on housing here's how all the money works in military but it doesn't say here's how the money works you know in west philadelphia so you can't now with relational databases you you could and i've worked on that but anyway so i went to wall street because i wanted to learn how all the money the planet works
Catherine Austin Fitts 1:15
And I went from sort of department to department to department, learning all the different markets. And then I figured out, you know, it's all being rigged from Washington. It's the Treasury and the Fed. So I got to go to Washington. So I went to Washington. I was a partner at a firm called Dylan Reed. And in fact, I have an online book called Dylan Reed and the Aristocracy of Stock Profits about sort of it's a case study in the intersection between organized crime and Wall Street in Washington. Anyway, so I went to Washington in the first Bush administration to be assistant secretary of housing. And it's the federal housing commissioner. And that's the person who oversees all the mortgage markets, both the credit, most of the credit and then the rules and regulation. So, and I ran smack into all the mortgage corruption because a lot of the black budget is financed with mortgage fraud. And anyway, so I left, but I discovered the internet when I was in the administration.

What are the flaws in the central banking model?

Catherine Austin Fitts 2:14
And so I created an investment bank that could use software tools basically to get all the information about how the money works and make it accessible to neighborhoods. So, anyway, but my company, I started a company called Hamilton Securities Group. It was very successful. And we got hired on competitive bid by the Clinton administration. So I worked in the Bush administration, but we got hired by the Clinton administration to be financial advisor for the FHA. And we led $10 billion of mortgage auctions trying to stop the mortgage fraud, which was they had other ideas. They wanted to take the mortgage fraud the other way so we could have the financial crisis. Anyway, so I ended up in 11 years of litigation with the federal government, with the Department of Justice. Have you ever seen the movie Enemy of the State?
Unknown 3:07
Yeah, it's been a long time.
Catherine Austin Fitts 3:09
I played Will Smith in real life.
Unknown 3:11
Oh, wow.
Catherine Austin Fitts 3:12
I played Will Smith in real life. So we had 18 audits and investigations, 12 tracks of litigation, physical harassment, a smear campaign. It was I mean, it was right out of the movies. And of course, so so Will Smith is a successful attorney. And in fact, his office in the movie is right next to where my office was. Our company office was in Washington, D.C. And, you know, everything's crazy and the world makes sense until he finds Gene Hackman, who's a former NSA employee, who explains how covert operations were. And in fact, now, if you come to the Saleri Report, we have a whole 12-part series called Deep State Tactics. So if you can't find Jean, you can listen to Deep State Tactics and understand how it all works.
Catherine Austin Fitts 3:52
Anyway, but I got a real crash course. I'll never forget. First time I saw Enemy of the State, I'm like up in the front row and I'm like, oh, it's my training movie. Right.

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