|The Solari Report is a prerecorded Interview, weekly briefing hosted by Catherine Austin Fitts and guests which takes place Thursday evenings at 9:00pm US Eastern time. Learn more...|
|SolariCAST videos and audio podcasts feature highlights from live, Solari Report briefings. View recent SolariCast videos here...|
|Solari e-Mail Updates arrive several times a month and feature Catherine Austin Fitts' commentary on the political economy. Subscribe to Solari Updates here...|
In recent years there have been methods developed to decentralize investing. We take a close look at crowdfunding, the legal issues and dangers involved, and how to approach it as an entrepreneur. Crowdfunding is an important step forward in supporting both small and large efforts for the individual and groups alike.
This Solari Special Report includes legal pathways to help navigate these new developments.
As we look over the fiscal cliff into our financial abyss, now is a good time to “Come Clean” about the real state of our lives, our communities, and our economy, starting with the U.S. federal finances that flow deeply and intimately throughout every aspect of our lives.
This Solari Special Report includes (22) challenges we must address to put our federal fiscal house in order.
Oil Set for Biggest Monthly Gain Since 2009
BD Live| 27 February 2015
Norwegian energy firm Statoil has shut…
Greece Runs Out of Funding Options Despite Euro Zone Reprieve
Reuters | 27 February 2015
Expected to run out of…
10 Things to Know About Negative Bond Yields
Bloomberg View | 27 February 2015
Much higher risks of collateral…
Lower Gasoline Prices Dampen U.S. Consumer Inflation
Reuters | 26 February 2015
Inflation will move up toward…
At the Finish Line of Deindustrialization: How Ukraine Loses its Industry
The Saker | 26 February 2015
The final nail in the…
Yes, Investors Now Pay to Lend Germany Money
CNN Money | 25 February 2015
Deterioration is due to upcoming moves by…
Too Many Houses, Not Enough Jobs
Dollar Collapse | 23 February 2015
Likely is the US joining the race…
Existing Home Sales Plunge (and Don’t Blame The Weather)
ZeroHedge | 23 February 2015
Recovery is in tact are greatly…
Russian Opposition Leader Nemtsov Shot Dead
FT | 28 February 2015
President had taken…
The Trans-Pacific Partnership Clause Everyone Should Oppose
Washington Post | 25 February 2015
Worse, it would undermine U.S….
Ukraine’s Economy: The Day of Reckoning
Economist | 28 February 2015
The West’s inadequate…
Chinese Diplomat Tells West to Consider Russia’s Security Concerns Over Ukraine
<span style="font-size: 12px;color: gray"Reuters | 27 February 2015
Urging Western powers to…
Tom Schweich, Missouri auditor and Republican gubernatorial candidate, dead of ‘apparent suicide’
<span style="font-size: 12px;color: gray"Washington Times | 26 February 2015
Just 13 minutes before…
India to negotiate free trade zone with Russia-led Customs Union
RT | 26 February 2015
Developing world has…
Silicon Valley Panic: China Demands NSA-Like Access and Control
Sputnik News| 27 February 2015
Really strong steroids…
NASA’s Dawn Eyes Two Mysterious White Dots on Its Approach to Ceres
Examiner | 26 February 2015
It will be the first probe to…
Exclusive: China Drops Leading Technology Brands for State Purchases
Reuters | 25 February 2015
American Defense Contractors are Now Health Care Providers
Scoop | 23 February 2015
Lockheed Martin’s Health…
India’s Largest Bank Commits $12.5 Billion For Renewable Energy Funding
Clean Technica | 19 February 2015
Provide funding at rates as low as…
Forget Hacking – CIA Accuses Russia of “Manipulating the World’s Weather”
ZeroHedge | 17 February 2015
Tension created by any large-scale…
What Nobody Told Me about Small Farming: I can’t Make a Living
Salon | 09 February 2015
I didn’t say I felt…
Things that Make You Go “HMMM…”: Space Bilderbergers
Giza Death Star | 17 February 2015
Probably is – the beginning…
Outgoing Obama Advisor John Podesta has UFO Regrets
Huffington Post | 17 February 2015
The UFO lobby…
Mysterious Green Beam Spiral in the Sky over Cuba
Before Its News | 08 February 2015
They see these things all…
China Pivots Everywhere
RT | 20 February 2015
Wave of the future…
Germany Rejects Greek Loan Request
BBC | 19 February 2015
Track The Massive Congestion At The Port Of Long Beach In Real Time
ZeroHedge | 18 February 2015
Already impacting various businesses…
IMF aid package pushes Ukraine gas prices up 280%
RT | 18 February 2015
Total IMF loans to Ukraine since…
Russia Dumps Most US Paper Ever As China Reduces Treasurys Holdings To January 2013 Levels
ZeroHedge | 18 February 2015
Just what is China…
The Real World War III: Corporations vs. Nationhood
Undernews | 18 February 2015
We certainly won’t until…
Silver & Gold Dealers To Be Shut Down? Update On Operation Chokepoint – Mike Maloney
Financial Survival Network | 17 February 2015
Speak up, tell everybody…
Where Is Germany’s Gold?
Bloomberg | 16 February 2015
See where the Reichsbank…
Ron Paul: “Good News” That Secession Is Happening
Buzz Feed | 19 February 2015
I think the American people are…
General Wesley Clark: “ISIS Got Started Through Funding From Our Friends & Allies”
ZeroHedge | 18 February 2015
ISIS’ rapid geopolitical expansion…
Department of Good Stuff: Spook stuff
Undernews | 18 February 2015
Obama To Allow “Moderate” Syrian Rebels Call In B-1B Bombers For Air Support
ZeroHedge | 17 February 2015
Policy is rapidly starting to resemble…
Possible American Accent Detected in ISIS Horror Video
ABC News | 17 February 2015
30,000 to 40,000 supporters active on…
Poland Kicks off Unprecedented Military Spending Spree
Yahoo | 15 February 2015
Includes a missile shield and…
Open Data Day: February 21st
Open Data Day | February 2015
Learn and help the global open data community grow.
Portland Now Generating Hydropower In Its Water Pipes
Oregon Public Broadcasting | 20 February 2015
Installed a series of…
São Paulo Is Running So Low on Water People Might Be “Warned to Flee”
Gizmodo | 17 February 2015
Ration that turns water on only…
Oceans of Waste
Economist | 19 February 2015
New Algorithms Locate Where a Video was Filmed from its Images and Sounds
Techswarm | 17 February 2015
within a ten-kilometre…
Ten Breakthrough Technologies
MIT Technology Review | 17 February 2015
Usable things; others mainly…
By Catherine Austin Fitts
As discussed in our Annual Wrap Up, the geopolitical ground is shifting under our feet. This has profound implications for global valuations – indeed watching global valuations offers important insights on the rebalancing of the global economy.
In our 1st Quarter Equity Overview this Thursday, I will review global valuations in the equity markets, the impact of sovereign fiscal policy and central bank monetary policy and what the trend in valuations tell us about long term opportunities and risks.
At subscribers request, I will also address specific questions:
Please do post or e-mail your questions before Thursday.
The “Planet Equity” and “Financial Markets Round Up” sections of the Annual Wrap Up are excellent background for our discussion, so take a look if you have a chance.
In Let’s Go to the Movies, I will review an excellent German Documentary, Der Banker: Master of the Universe which provides remarkable insights into the global financial markets.
Talk to you Thursday!
“In a digital age, data about money is worth more than money.” ~Nicholas Negroponte
This week, the Director of Research at Truth In Accounting in Chicago, Bill Bergman, joins me for a discussion of financial transparency. Bill has a remarkable background – economist at the Federal Reserve and analyst at leading brokerage and investment research companies. Bill also has a history of using financial transparency to ensure that our resources are lawfully managed. He was forced out of the Fed when his research into money laundering got too close to the truth. A rare breed among first rate economists, Bill does not stop with the official reality. He follows the money to find the real opportunities in the real economy.
Do you think “financial transparency” is a mundane topic? Think again! This is about “money hunting!” Let me give you some examples.
Despite an excellent employment history, you are unable to find a job and are living on unemployment insurance and food stamps. You call the support phone line for food stamps and get someone in India working for JP Morgan Chase to answer your questions. This means the US government is paying you to not work when you could be working and paying taxes doing that job. The government is, in fact, spending more money to ensure that you do not have a job. And to do so, they are paying an extra mark up to a bank that received bailout gifts in the billions.
Then you realize that farm land in your county is lying fallow funded with federal farm subsidies surrounded by people with no work who are drawing federal government subsidies. However, your food stamps are paying for food shipped in thousands of miles from Latin America. Why not grow fresh food locally if it lowers subsidies being paid to people who are not working? Perhaps healthy, fresh food would lower health care expenses as well. The government is, in fact, spending more money to ensure that they finance large corporate systems outsourcing food production to other countries.
The economics made no sense – a complex drain of tax dollars and financial debasement. It does, however, make sense for politicians whose campaigns are funded by the resulting capital gains on the stocks of the corporations that operate the system and win the government contracts.
If you follow the money, opportunities to generate income locally in a manner that would save government money are everywhere.
There is no more powerful tool to bring about real change than financial transparency. Turn on the lights and the profit potential is everywhere.
This is the last week of the month – so no Money & Markets this week!
The Government Pension Fund Global (Norwegian: Statens pensjonsfond Utland, SPU) is a fund into which the surplus wealth produced by Norwegian petroleum income is deposited. The fund changed name in January 2006 from its previous name, The Petroleum Fund of Norway. The fund is commonly referred to as The Oil Fund (Norwegian: Oljefondet). As of the valuation in June 2011, it was the largest pension fund in the world, although it is not actually a pension fund as it derives its financial backing from oil profits and not pension contributions. As of September 30, 2014 its total value is NOK 5.534 trillion ($857.1 billion), holding one percent of global equity markets. With 1.78 percent of European stocks,it is said to be the largest stock owner in Europe.
by Richard Dobbs, Susan Lund, Jonathan Woetzel, and Mina Mutafchieva
Seven years after the bursting of a global credit bubble resulted in the worst financial crisis since the Great Depression, debt continues to grow. In fact, rather than reducing indebtedness, or deleveraging, all major economies today have higher levels of borrowing relative to GDP than they did in 2007. Global debt in these years has grown by $57 trillion, raising the ratio of debt to GDP by 17 percentage points (Exhibit 1). That poses new risks to financial stability and may undermine global economic growth.
“China’s economy and people are evolving rapidly, but the underlying cultural blueprint has remained more or less constant for thousands of years.” ~ Tom Doctoroff
By Catherine Austin Fitts
At our family dinner table, my father would tell stories of living and working on the Burma-Chinese border under General Stillwell’s command during WW II. A portion of the University of Pennsylvania Hospital had been “lifted” by the US Army and sent to China. My father’s admiration for “Vinegar Joe” made The Stillwell Papers required reading in our home. It was matched by his admiration for the Chinese people. Stories of China wove threads of a fascinating people and places into our worldview.
[CAF Note: Scoop’s contribution to free press globally is a modern day David and Goliath story. Great reporting requires great publishers and enlightened owners to back them up – and Scoop has been there for scores of reporters and truthtellers around the world for many years. When the courts were not there, Scoop’s leadership on outing Enron and the people behind them played a critical role in making sure the court of popular opinion did work. Ditto on early transparency about the US mortgage bubble and fraud and corruption in the US federal finances – thousands of people knew how to protect themselves before the bubble burst. Scoop changed the course of history with their support of 911 disclosure, UnansweredQuestions and Paul Thompson’s timeline, well ahead of the US press. All of this while sticking to the nuts and bolts of supporting literate citizens and democratic process in one of the most active, entrepreneurial, engaged countries in the world. You would do me a great honor by joining me in supporting the Scoop crowdfunding effort. No amount is too little. Every contribution is appreciated and counts!]
by Alastair Thompson
At Scoop we believe that access to independent news and investigative journalism is a public right that is essential for democracy to thrive. But it is a public right that is eroding. Digital technology now enables a business model to be developed that makes news freely accessible to all citizens, and in which the news apparatus itself can be transparent. Creating this new kind of news organisation is what “Operation Chrysalis” is all about. We are taking a bold step to preserve the public right to access news.
We plan to transform into a not-for-profit media organisation held for the benefit of all NZers, accountable to the community of news communicators and consumers it serves.
Nothing on The Solari Report should be taken as individual investment advice. Anyone seeking investment advice for his or her personal financial situation is advised to seek out a qualified advisor or advisors and provide as much information as possible to the advisor in order that such advisor can take into account all relevant circumstances, objectives, and risks before rendering an opinion as to the appropriate investment strategy.
© Solari 2012