Catherine Austin Fitts: “The Looting Of America”
Catherine Austin Fitts, Former Assistant Secretary of Housing under George H.W. Bush, blows the whistle on how the financial terrorists, have deliberately imploded the U.S. economy and transferred gargantuan amounts of wealth offshore, as a means of sacrificing the American middle class. Fitts documents how trillions of dollars went missing from government coffers in the 90’s and, how she was personally targeted for exposing the criminal 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. That’s why, I call it a financial coup d’état, and that’s what the ‘bailouts’ are for,” states Fitts.
Massive amounts of financial capital have been sucked out the United States and moved abroad, explains Fitts, ensuring that corporations have become more powerful than governments, thereby changing the very structure of governance on the planet, ensuring we’re ruled by private corporations. Pension and social security funds have also been stolen and moved offshore, leading to the end of fiscal responsibility and sovereignty as we know it.
Fitts explaines, how when she was in government, she tried to encourage the creation of small businesses, new jobs and new skills to compete in a globalized world otherwise the American middle class was toast, only to be forced out by the feds using dirty tricks. The ‘elite’ instead, wanted Americans to take on more credit card, mortgage and auto-loan debt, that corporations and insurers knew they couldn’t afford, while quietly moving their jobs abroad in the meantime.
Google Search: “Catherine Austin Fitts – The Looting Of America”