From the article:
Catherine Austin Fitts is a graduate from the University of Pennsylvania (BA) and the Wharton School (MBA). At the Chinese University of Hong Kong she studied Mandarin. She served as a managing director and member of the board of the Wall Street investment bank Dillon, Read & Co, Inc. (now part of UBS). Later, she was Assistant Secretary of Housing and Federal Housing Commissioner at the U.S. Department of Housing and Urban Development (HUD) during the presidency of George Herbert Walker Bush. As such, she was responsible for the operations of the Federal Housing Administration (FHA), the largest mortgage insurance fund of the world.
After leaving the Bush Administration, Fitts founded The Hamilton Securities Group, Inc., an investment bank and financial software developer named after the first U.S. Secretary of Treasury, Alexander Hamilton. In 1996, she and her successful company became targets of a vicious, longlasting “qui tam lawsuit”, that resulted in the closing of Hamilton Securities.[1] Fitts was ultimately successful in Court of Claims litigation asserting that the government had no right to withhold monies owed to Hamilton.
In the years afterwards, Fitts spoke publicly about the degree of fraud endemic in the federal mortgage operations, trillions missing from government agencies and the connections to drug trafficking and “black budgets.”[2] Moreover, with her mentioned expertise, she was one of the first to warn of an approaching housing bubble. Her prediction that the ”strong dollar policy” would lead to a weakened federal credit is currently being proven correct.
After leaving the Bush Administration, Fitts founded The Hamilton Securities Group, Inc., an investment bank and financial software developer named after the first U.S. Secretary of Treasury, Alexander Hamilton. In 1996, she and her successful company became targets of a vicious, longlasting “qui tam lawsuit”, that resulted in the closing of Hamilton Securities.[1] Fitts was ultimately successful in Court of Claims litigation asserting that the government had no right to withhold monies owed to Hamilton.
In the years afterwards, Fitts spoke publicly about the degree of fraud endemic in the federal mortgage operations, trillions missing from government agencies and the connections to drug trafficking and “black budgets.”[2] Moreover, with her mentioned expertise, she was one of the first to warn of an approaching housing bubble. Her prediction that the ”strong dollar policy” would lead to a weakened federal credit is currently being proven correct.
The central banking-warfare investment model” is really a control model, through which a small group of people can control the most resources on the most profitable basis. Essentially what happens is: Central banks print money and then the military makes sure that other parties accept it and that the financial system continues to have liquidity. The question many people ask with regards to a fiat currency, which is a paper currency, is: Why would anybody take paper, which has no value? They take the paper, because it’s part of the enforcement and military supervision, if you will, of the network that is printing the money. The system has created a fantastically profitable way of controlling large populations and access to resources very cheaply.