By Catherine Austin Fitts
Sometimes I have a profound sense of being ignored.
Actually, I am not being ignored. Rather, I live among caring, well educated Americans with a profound desire to NOT fathom the reality in which we live.
I empathize. I shared the same desire once upon a time. I was forced by circumstances to want to know. Once you leave a limited picture of reality behind, there is no turning back.
I know many fine people who do not want to know. I remember one colleague who asked me to explain why I knew the economy was going to slow burn. I started to explain the control mechanisms that are the backbone of the matrix that manages the slow burn. He quickly said, “Stop. I don’t want to know. If I listen to this, I will lose my hope and faith. I will give up.” He continued to predict the future based on his “official reality” which, of course, did not work out very well.
So I continued to predict that the US economy would not collapse, but rather slow burn by harvesting a vast variety of constituencies using a complex array of invisible, unspoken control files and mechanisms.
I know numerous colleagues who did not believe me about the extent of the collateral fraud, even with $27 trillion of bailouts, more than 3 multiples of what it would cost to extinguish all residential mortgages.
I long gave up trying to explain to anyone other than my subscribers the extent of the digital surveillance by public and private intelligence agencies. Only Mr Global’s air cover for Edward Snowden and Glen Greenwald’s detailed description made it socially acceptable to engage in open discussion. Even then I discovered it was difficult for many people to fathom what could be done without paying humans to do the surveillance – with digital systems, relational databases interconnected across thousands of platforms, and artificial intelligence.
Invisible technology and weaponry is indeed hard to fathom, particularly for people who can not fathom why someone would want to do such things to another human being.
Each day I read another financial commentator who says that markets are ignoring “the fundamentals.” Except their notion of the fundamentals is based on a socially respectable, limited “official reality.” If I encourage them to integrate an analysis of the black budget and the “breakaway civilization,” they refuse to “go there.” They are stuck, growing ever more cynical.
It’s like getting emotionally involved in the US Presidential campaigns. Why would any educated person think that the President runs the country?
So I was not surprised to read the recent discussion of the changes to Dodd-Frank as part of the federal budget deal to protect the large bank derivatives positions.
The discussion goes something like this. Jamie Dimon, CEO of JP Morgan, is BAD. He is managing MASSIVE derivatives positions to make money for JP Morgan and private investors. He is sticking the risk to the US government. And he gets HUGE and HIDEOUS bonuses to do so. This is a CORRUPT AND BAD banking system.
In fact, Jamie Dimon is responsible to oversee line management for the single most mission critical financial bureaucracy of the NATIONAL SECURITY STATE. JP Morgan is managing lead depository roles for hundreds, if not thousands, of global national, state and local sovereign governments, including the US federal government. In addition, JP Morgan is managing cash and trillions in transactions for hundreds of thousands, if not millions, of global financial institutions and businesses. JP Morgan is no more a private entity than the US interstate system, the Missisissipi River and the global sea lanes. It is arguably the premiere financial infrastructure backbone in the world.
One of JP Morgan’s most sensitive roles is as agent of the New York Fed as the manager of the Exchange Stabilization Fund (ESF) which the New York Fed manages on behalf of the Secretary of the Treasury. My guess is that most, if not all, of JP Morgan’s derivative positions are managed on behalf of the ESF. The manipulation of the oil price, the gold price, interest rates, these are state sponsored policies and goals – or at least of the shadow government that also runs the government. Which, of course, owns JP Morgan who owns a % of the NY Fed.
So while the Secretary of the Treasury is having Dimon manipulate the oil price down by 50% to press Russia and OPEC to the wall in support of our national security agenda, Senator Warren is trying to make it impossible for him to do so on the theory that this is what is in the interest of American citizens.
Who speaks for the American people? The US Secretary of Treasury or Senator Warren (who was on the Harvard Law School payroll serving the Harvard Corporation which serves as a key part of the shadow government.)?
Which raises the question, what will happen to American citizens if the ESF is no longer able to implement national security objectives?
Of course, the President and Jamie Daimon can not point such things out to Senator Warren. They are paid to simply take the flak and keep everyone in the dark about how the system really works. Efficiency demands secrecy.
Which is fine for most people. They just want the system to work and for their kids to go to Harvard and get jobs with JP Morgan Chase.
You can laugh at them for doing so, but from where I sit it looks like they are far from the only folks pretending something.
I believe the slow burn is in operation as well. Thank you for showing it to us along with all of its facets.
James
Derivatives have taken the slow burn to a whole new level, you bettcha.
James:
The Slow Burn is very destructive of the whole system.
It keeps happening because it works successfully for the folks at the top – given the options they have to choose from- so long as they can offset or mitigate the environmental damage or find other habitable planets. Notice how much time and money they are spending looking for other habitable planets.
By saying I expect the chances of a slow burn scenario to be high in a given year does not mean that I am saying it is good or hoping that it happens. It is rather my expectation of what is likely. There is a difference between understanding realty and liking it.
When I set scenarios for investment strategy and risk management, I am trying to understand the reality invented by all 7 billion of us – not the one I am individually trying to create or hoping and wishing for.
Indeed, I tried for years to warn anyone who would listen about the covert operations and control mechanisms that were being used to engineer the financial coup d’etat.
When very few would listen, and I had to manage trying to build a business by saying what no one wanted to hear, imagine my surprise to be regularly criticized for predicting that those covert operations and control mechanisms would be in control, as if I was promoting that as a good thing or something I wanted or approved of.
I often quote my pastor in Washington – “If we can face it, God can fix it.”
I believe that the thing that could shift the slow burn is wide-spread consciousness regarding its existence and a deep curiousity about how it really works.
So shrieking against it, saying that it is bad and it will fail IMO simply leads people into a holding pattern where they lose money and trade away their power to shift things.
How do I feel about the slow burn? I despise it. I have despised it my whole life.
Nice article about ignoring the truth. However by definition the “Slow Burn” is a self-destructive process. Invariably the system will run out of fuel. At this point the cracks are becoming too visible — financial instability, social unrest, cultural disintegration. People going mad with no one to blame. I fear the entity at risk would be the shadow government itself. China and Russia, though somewhat fettered at the moment, are hardly under compete control. As for Russia, too rich in resources to underestimate.
I listened to your talk from the secret space conference recently. It was one of the most complete talks I have heard on what is happening to the money.
I work as a home health social worker. I see the elderly and impoverished being used like milk cows by system. Feed them toxic food and drugs, destroy their health and then make a fortune off them in medical expenses. Their savings are burned up, the equity in their homes are burned up in their care. Inheritance are a thing of the past. Then once the are broke Medicaid picks up the tab and they are now eligible to be tortured w endless “free” drugs, heart surgeries, chemo treatments etc. A person under 65 on disability and needing medical treatment gets all kind of expensive experimental surgeries and treatments because who care if they suffer and die.
Then I read articles saying the baby boomers were selfish, overspent, irresponsible or the government was reckless and needs a budget. It is so much easier to blame the victim than see how big the problem really is. People blame themselves when inflation makes the dollars they saved and their hard work worthless.
Milk cows are fed hormones to produce extra milk. A cow should live to 14-17 yrs. Industrial dairy cows die of painful used up old age at the age of 7. I have heard the new life expectancy for coming seniors is 67. People can’t understand how they have been stolen from. . The best rebellion I can do at this point is educate myself and others about nutrition and eat well to avoid the medical system.
Cybele:
Bravo! Well said. One of the most painful experiences of my life has been to unsuccessfully try to talk people off of the toxic slide you describe. Part of what is happening is that the medical system is a source of endless
attention. It pays attention to you. It is hard for people to understand what a dangerous siren song that attention can be. Or that the debasement of the food system would be permitted by the people doing it.
Have you seen Fat, Sick, and Nearly Dead yet? I find it great inspiration that health is more than possible – and FUN!
Fat, Sick, & Nearly Dead is a great movie, and they now have a sequel out to the movie! I own the DVD, and I also own the DVDs of Forks Over Knives, and Genetic Roulette, two more great movies.
Hey, I did not know about the sequel! Thanks. I was just reviewing Joe Cross’ recipe book and thinking I needed to try cabbage in my juices.
I have seen that film. Thanks. I regularly look at naturalnews.com , greenmedinfo.com and oneradionetwork.com and am constantly absorbing new info. My favorite new book is The Mood Cure by Julia Ross. I have a ton more energy, no sugar cravings and I feel active instead of hopeless. All by adding in aminos that are no longer in our food supply insufficient quantities. Being in the periphery of the “mental health field” it is odd to find that depression and anxiety are not always in your head but in your health.
I will get it! Thanks!
You’re bringing up a very interesting point, Catherine. With this in mind, how can we as American citizens know when operations like these are truly in our own best interests, vs. being only for the selfish interests of the people running everything from behind the scenes? It seems that there is so much greed and taking from us going on, that it’s difficult to believe that these people would ever truly want to do something that’s in our own best interests…unless of course their own best interests were being served by doing so.
Jim:
I am not persuaded the national security state is in our best interest. I just believe if we are going to evolve to someplace better, we need to face things as they really are. I believe if Senator Warren understood the implications of pulling the rug out from under the US government’s derivative position, she might come up with a better way to shift than implosion.
I don’t think Dimon is thinking about the American people. I think he is thinking about what needs to get done this year, this month. And just that is much trickier and more difficult than we know. There is a reason he got cancer. Its a very toxic job.
Catherine
Nail meet head.
🙂