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Catherine Austin Fitts

Catherine Austin Fitts talking about the deliberate implosion of US economy - Former Bush Sec. of Housing Catherine Austin Fitts

Burgess COMMENTARY
A very interesting video. Catherine Austin Fitts describes a very problematic situation ... much of which I can relate to based on my own career experience.

There are hundreds of good points that get made in her presentation ... too many to manage at one sitting. It is a very good warning call, but I am not sure what to do in terms of 'action' after listening to the presentation. I am left worrying that 'the end has already happened' and I am not prepared to accept this as the final outcome.

So what is it in this presentation that allows me to remain optimistic. Maybe it is the idea that has been popularized recently post Superstorm Sandy ... the idea of 'resilience'. Big Government is rather like a big elephant that will crush you if you are in its path, but which won't if you are agile and jump out of the way. Government and the associated tapeworm economy is big ... and awfully powerful and will crush you if you are in its tracks ... but the other reality is that, at some point, nearly 9 billion individuals with brains are going to choose a better track.

The idea that in the global population there are only 1 in a 100 who will press the 'red button for change' is an issue ... but that can change in a hurry when the 1 in a hundred starts to function in a way that allows for 'traction'.

My experience around the world for a period of around 40 years suggests that ordinary people want the things that will make for a better quality of life for themselves and their community. The elites ofter want something else ... namely more wealth for themselves. For most of history the elite has won, and the same situation prevails today. But never in history have so many had the chance to think about possibilities and to access knowledge. At some point people are going to start to understand the nature of the 'tapeworm' economy and then the elite will learn how unbelievably unstable their phony economy really is. Meanwhile a real economy can be 'born again' building on the amazing productivity of modern science and technology and the growing irrelevance of many of the institutions of state ... arguably, like Washington DC itself ... and Wall Street and the money center institutions.

My own role in the future is going to be about 'metrics' ... meaningful metrics for a smart society.

Peter Burgess

Deliberate implosion of US economy - Former Bush Sec. of Housing Catherine Austin Fitts

Uploaded on Oct 15, 2011

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.

** This video is sped up by 20% to make watching more efficient, and it is uploaded uncut from the original interview. **

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.

http://www.infowars.com/catherine-aus...