By Catherine Austin Fitts
I said in our 2nd Quarter Wrap Up that the slow burn was fraying and challenges lay ahead. Looks like I am far from the only person worried about taking risk in this environment.
The Financial Times headlines this morning shouts out, “Wall Street’s dark day for M&A: More than $100 bn in bid proposals wiped off table in a few hours.” Murdoch and Fox have withdrawn their bid for Time Warner, Sprint has abandoned its pursuit of T-Mobile US and Walgreen has dropped plans to relocate its HQ through tax inversion, although it has said it will exercise its option to acquire Swiss-based Alliance Boots.
The Federal enforcers are closing mortgage related settlements at a rapid speed. Someone wants all of those liabilities cleared and behind them. The Treasury wants the cash.
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Then, of course, there is Putin’s latest response to the latest round of sanctions. Between India’s rejection of the Uruguay Round of GATT and Putin’s anti-GMO efforts, the Anglo-American agricultural juggernaut seems to have bogged down in the cultural salt water taffy of consumer and small farmer sanity around the globe.
Meantime, we have C-Span allowing a detailed interview with Richard Gage, the architect who leads Architects and Engineers for 9-11 Truth. That happened quietly. The big noise was from mega media fest blowing ebola into a major economic hit on West Africa to coincide with the US African Summit that has now delivered a big win for US companies and the World Banks primacy on one of the fastest growing continents . Now that the beast has gotten fed at the Summit, let’s see if the pandemic headlines calm down or whether the drumbeats continue to serve the agendas of multiple cartels.
That thought is even more disturbing given what is going on down on the border. The Republicans have a very good reason to be standing firm on the immigration issue – what is happening is not immigration. It is an op.
Something is indeed up, that’s for sure.
Related Reading:
Russia Sanctions Accelerate Risk to Dollar Dominance
