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Read the PDF of: The Financial Coup: More Missing Money & FASAB Standard 56 with Dr. Mark Skidmore
“Secrecy is the badge of fraud.” ~ Sir John Chadwick
By Catherine Austin Fitts
For our next interview, we are bringing back one of the great economists of our day, Dr. Mark Skidmore, to discuss the latest developments in a story that is becoming increasingly incoherent: trillions of dollars reported missing since 1998, with an update on amounts announced missing from 2016 to date. A recent Bloomberg article reported on another $35T in undocumented accounting adjustments. Both Dr. Skidmore and The Solari Report have been focused on bringing transparency to this area of the U.S. federal credit and financial systems for many years.
We also continue to see unusual financial patterns in the Federal Employees Retirement System’s Thrift Savings Plan (TSP), the retirement plan for federal employees and members of the uniformed services. Dr Skidmore provides an update of importance, particularly to any of the beneficiaries of this system and especially for participants in the TSP G Fund.
If you are a U.S. citizen and taxpayer—or if you, your pension plan, your company, your bank, your insurance company, or your municipality is an investor in U.S. Treasury or related securities, including U.S. mortgage securities—you will also want to pay attention. The combination of increasing debt and secrecy in U.S. government accounts is very concerning and is directly related to the Going Direct Reset we discussed in our 2020 Annual Wrap Up.
We will also use this opportunity to introduce Dr. Skidmore’s new website and blog, Lighthouse Economics, where he shares economic research and information relevant for navigating tumultuous times.
This is such an important topic that we are making this interview available to the public. So, check back here on Thursday, February 25.
In Let’s Go to the Movies, I recommend The Dig, a 2021 drama movie featuring Carey Mulligan, Lily James, and Ralph Fiennes.
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is not validThere is no Money & Markets this week. Join John Titus and Catherine in the first week of March for our continuing coverage of the Going Direct Reset and the latest events in finance and politics. E-mail your questions for Ask Catherine or post at the Money & Markets commentary for the first week of March here.
Talk to you on Thursday!
Related Reading:
Dr. Skidmore’s website: Lighthouse Economics
Missing Money Update: Thrift Savings Fund – Treasury Account
Caveat Emptor: Why Investors Need to Do Due Diligence on U.S. Treasury and Related Securities
Solari Special Report: Update on the Missing Money with Dr. Mark Skidmore
Navigating Reality with Dr. Mark Skidmore
Dr. Mark Skidmore & Catherine Austin Fitts Discuss $21 Trillion
In addition to the Federal Thrift Savings Plan, I would investigate several investment funds at the California State Treasury. I know Catherine is familiar with CALPERS, but two particular funds with $100 Billion + to throw around that come to mind are the Local Agency Investment Fund (LAIF) and the states Pooled Money Investment Account. I opened up LAIF in 2019, and I was surprised to see that it appeared the State of California had bailed out the Japanese Corporate Bond Market in about October 2018. The other thing I discovered was the State of California had allowed Robobank to buy a local community bank called Mechanics Bank in the San Francisco East Bay – which raised red flags to me that it could be a way to reward political insiders after the election.
Another big mystery or something that needs to be looked at is the Federal Home Loan Bank. It’s just a feeling I have, but if I was orchestrating some sort of artificial bubble or hanky-panky based on whatever they do to keep the currencies going, that’s a place I’d do it.
Enjoyed the discussion on a long drive. Dr. Mark and I come to very similar conclusions about a number of things, particularly the coming cataclysm. One thing I am sure you both realize, but haven’t mentioned that I have heard, is that all the built-in flim-flam in accounting and reporting of financials has the public effect of making the value of our relatively minuscule holdings if not vanishingly small, then absolutely incalculable, as all “markets” are an expression of values relative to individual purchasing power. Thus, if we don’t reliably know what “they” have, we certainly cannot assess the value of what we have. A lifetime of work and thrift. What’s it worth? The handbags and the glad rags that your granddad had to sweat to buy.
Animals ( including cats ) don’t listen to the MSM. They know who is sincere. Hard to trust people if animals avoid them.
Thank you, Dr. Skidmore. I appreciate the depth and courage of your work. What Rudolf Steiner described as trends, to an audience at the time who could not imagine our world, you are tracking as they unfold. Steiner pointed out :”We no longer want to believe. We need to know.” You are a big help. Also, I agree thatIt sure is hard to talk to one’s dearest friends. When they inquire about my vaccine status and I say I’m in no rush, they shift over to Trump, as though there’s a connection. I have heard the identical statements so many times, I have started to ask to change the topic to one of their own interest, perhaps one on which they are my main source of knowledge, which makes them uniquely dear to me. The bonds of love from heart to heart exclude the Being who is having a game with us nowadays. And that Being does not want to be seen, prefers to be deep in the background. So when you and Catherine greet each other warmly, and then expose the workings, you do a service to all.
Hi all,
Yes great show. But I was surprised at Dr Skidmore’s tertiary overview of the electromagnetic field changes. Ben Davidson at SO is an amazing resource.https://suspicious0bservers.org/ I see in the comments he was referenced. Also just in case anyone doesn’t have these two other links, Jim Lee has a 3D map of all reported weather modification projects done in the US. (There’s a Federal office you have to report them to). http://climateviewer.org/. I can accept that there could be lots of things happening that aren’t reported but still Jim’s work is very detailed. As is Tony Heller at Real Climate Science. He has an impressive enough resume and long history as an environmentalist and he spends his days unpacking the climate story using the actual Gov data (not “adjusted”) to tell the story as the data tells it. https://realclimatescience.com/ I only share these in case anyone is interested and hasn’t found them yet.
Great talk. Regarding the subject of historic cataclysms and pole shifts I would encourage you to read the work of historian Immanuel Velikovsky and Astro physicist, Dr James McCanney who use both written history and the theories supporting comet capture to explain a recent rotational pole shift that occurred around the time of Moses which moved the pole from Canada to its current location. Thus the reason why the Great Lakes are fresh water.
In recent history, McCanney has demonstrated how Dr Robert Harrington (US Navy) In the late 1980’s discovered a large inbound comet that was believed to be on a collision course with earth causing the global elite to build massive underground cities (Denver airport etc). Their calculations were off by 3 months And the comet Hale Bob passed harmlessness by Earth – but only after the Elite had stolen trillions to build their bunkers. It is believed 9/11 occurred to cover up their massive crimes. You can see the elites respect for comets with their golden orbs located in the gardens of both the Vatican and the UN building.
Just ordered another copy of Velikovsky so I could re-read.
Great, Velikovsky will explain the history, but McCanney explains the science behind how pole shifts and Earth terraforming really occurs. The stories delineated in the Bible all start to make sense once you learn the real science of the electrical nature of the universe. Like you being shunned in the world of finance, McCanney has been silenced as well with his simple and concise explanations applying proper Astro-physics theory and his understanding of electromagnetism as to how planetary bodies interact (and so much more). Truly mind blowing stuff that makes so much more sense than the garbage being feed to students in our universities today. In the past he has been the guest speaker on many Coast to Coast shows with Art Bell. You might want to consider bringing him on as a speaker at Solari.
https://www.jmccanneyscience.com/SecWebOrderPgBooksCDsDVDsCalPosters.htm
If I only get one book from McCanney which is the best?
Planet X Comets and Earth Changes
Mark, Thank you for a great interview on Solari. I want to ask you to help teach children real economics. I am struggling with finding quality ways to teach my two teens how to understand both the real and the perceived economics. I am not an economist so the curriculum needs to teach me as well.
Any help would be wonderful!
(I tried to leave a comment on your website but it did not like my email, which is fine if you see this)
Alissa
Roberta:
Glad you said that. I keep asking him to prepare an on line course.
I am with you Roberta. Before I got into Javascript development, I was studying a Masters in Regional, Economic and Social Development at UMass-Lowell. I loved that program although for personal reasons I never finished it, but I have always loved to learn about economics as much as I do about software development. This is probably why I got into Charles Hugh Smith, he has a great blog and although he is a building contractor he makes a pretty decent economics professor if he decided to go that route. Would love to see something from Dr. Skidmore as well.
Hello Catherine and Mark,
Great discussion, thank you both!
Catherine has mentioned Ben Davidson before, his community, of which I am one, studies the catastrophe cycle and I believe you will find it very interesting. suspiciousobservers.org.
There are many factors at play here and now, beyond the grand solar minimum that cometh. Another very interesting gentleman is Doug Vogt at the dieholdfoundation.com.
That mr. global is building something underground seems pretty certain; off world, would not surprise me. Mr. Vogt points out the irony of the underground bases/cities in that when the catastrophe occurs, there will be a wave, initially west to east, and then the backwash, and then the ice. From his perspective they have created their own tomb.
More irony is that these bases are created for ‘the club’ of which Catherine speaks, and as George Carlin said, ‘you and I are not in the big club’!! So I’ll wave bye bye as they shut the doors, smiling.
It was wonderful to hear the topic of civilizations dating back much further than is accepted by mainstream archaeology appear on the Solari Report. Much can be said about this topic, but I’ll keep it brief — archaeology too has their gatekeepers, but the dam is beginning to break.
Look no further than Göbekli Tepe in Turkey. Mainstream archaeology dates the site to 11,000 years old and it is absolutely stunning. Not the work of primitive people by any stretch of the imagination — astronomically aligned and exquisitely carved, the scale is almost unimaginable (we’ve barely scratched the surface in terms of excavating).
Most remarkable is about 10,000 years ago (coincidentally aligning with Plato’s account of the downfall of Atlantis and growing evidence that massive comet impacts may have occurred at the same time — “Younger Dryas Impact Hypothesis”), the entire site was *deliberately buried* – which is how it can be dated so accurately.
https://www.smithsonianmag.com/history/gobekli-tepe-the-worlds-first-temple-83613665/
Yes, both very important sources. I would love to have Ulrike do something on Göbekli Tepe
See ‘ruins of old earth’ on youtube
Catherine, I just love Dr Skidmore so much! I hate that he has to find evil doer after evil doer…it breaks my heart for him! I could feel the weight of his anguish as he talked about his experiences with the brainwashed & the backwards crazy-land we live in. I understand, it is hard to deal with. I am more like you Catherine and I find my amusement as much as possible, but I also have quite a temper and a potty mouth at times, so that helps me thru as well. lol Let Dr Skidmore know he is a hero and has helped me and my family thru this mess, opening eyes to this has made us safer. You both are my hero’s. I just know that the team of Catherine/Dr Skidmore/the rest of Solari hero’s (with your readers as backup), will stop the evil and live wonderful, exciting lives. I pray and work towards that everyday. Thank you for all you do. (sorry for the typos my ipad is acting up and adding commas and auto-correcting all over the place tonight. Hugs from Los Angeles, Land of Two Masks and a Shield
Right? Once you go down that Rabbit Hole, it just keeps going on and on and on ….
I have learned a lot in the past few weeks since I discovered the Solari Report. I have not yet listened to this interview (I will), but my question is in relation to this line… “If you are a U.S. citizen and taxpayer—or if you, your pension plan, your company, your bank, your insurance company, or your municipality is an investor in U.S. Treasury or related securities, including U.S. mortgage securities—you will also want to pay attention.” What happens if you are not a US citizen, but the spouse of a US citizen, a taxpayer since day one with a co-clergy pension plan (my husband and I are both ministers)? How is that different? Or maybe the same?
Loved “The Dig” Great movie. Thanks for the recommend.
Janice Collett
Catherine,
I am so blessed to have found the Solari Report! I spent last week studying “The State of our Currencies”. I found ‘coming clean’ that I am working on, but is there any quick Action List you could lead me to. I feel the need for “speed”! My husband got his wings and went Home in December, after a 2.5 yr. bitter/sweet battle with ALS, in which both of us grew stronger in our faith. I was his full-time Caregiver. There is so much information here, it is a bit overwhelming for me at times. I have a whiteboard in front of me, and for my future life, I need an action List. God Bless you and thank you for sharing your God given wisdom with me on my road ahead.
Loved your reply to Catherine, Rachelle. My husband died less than a year ago, too, so, I too, am living alone, navigating a very interesting environment! Good luck to you. There is a lot of information here, and it’s rather overwhelming, but bit by bit it begins making sense.
Love and blessings!
Janice
Cathrine you and your guests are like spatulas scraping this information mixmaster clean..kudos to thoughtful, refletive, intelligent sluths!
Janic:
You are too much! Greetings from the North Sea.