“The aid program delivered best it could what was in reality a flimsy contrivance, which – in turn – was really only an exotic venue through which to pass public funds to selected Russians of the Clintons and the Harvard Institute of International Development’s choosing and to Wall Street investment banks the Clintons hoped to entice permanently into their orbit of supporters and contributors. In short, the Russian bond market was the Arkansas Development Finance Authority gone international.” ~ Anne Williamson, Testimony Before the Committee on Banking and Financial Services of the U.S. House of Representatives, Sept. 21, 1999

By Catherine Austin Fitts

The most popular blog post at solari.com is Financial Coup d’ Etat. It was written about my experience at an investment conference in London. I was presenting The Myth of the Rule of Law about the extraordinary windfalls enjoyed by private investors as a result of so-called “privatization” and the early engineering of the US housing bubble. I then heard a riveting presentation from former WSJ report and author Anne Williamson about a similar process in Russia and the former Soviet Union territories and one from John Laughland about, yet again, a similar process in Eastern Europe.

We realized that day that it was the same investment interests operating globally using the same models in country after country.  Since then, as events unfold globally, I watch for the impact of investment flows on events throughout the seven continents – the financial interests and deals often involve deep connections.

This week Anne Williamson of Lok-N-Load Media joins me to discuss the devastating “privatization” of the Russian economy in the 1990′s as a critical history leading up to current events in the Ukraine. We will talk about what is happening in the Ukraine, Russia’s point of view and what that means to events ahead. This is a long, fascinating discussion on the real politik of US relations with Europe, Russia and the Ukraine today with an experienced author whose grasp of the global financial system, institutions and markets is first rate. You don’t want to miss it!

In Money & Markets this week I will discuss the latest in financial and geopolitical news.

In Let’s Go to the Movies, I will review a remarkable new documentary Dinosaur 13, directed and produced by Todd Douglas Miller. Whether Iraq, Kiev, Crimea or Rapid City, South Dakota, when powerful private interests want control, whether of fossil fuels or fossils, they can and do engineer a lot of tax-payer funded resources in the service of getting what they want.

Talk to you Thursday!

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“Life is to be greatly valued and cherished. Health is the most precious asset in life.” ~ Yuan Tze

By Catherine Austin Fitts

Continuing in the thread of things I love, I wanted to say a few words about Yaun Gong, a form of Qigong.

In 1997, I woke up very early in the morning in my hotel in Shanghai. I walked to the french doors and looked out over the park. The morning sun glimmered through hundreds of Chinese doing Tai Chi together. It was breathtakingly beautiful, this sight of hundreds of people flowing in a form of dance together. I thought to myself, “someday I will learn how to do that.”

In the Spring, one of my subscribers returned from a retreat with Yuan Tze, the founder of Yuan Gong. She was glowing. After many discussions, I asked her how I could learn the practice. She sent me to her teacher, Dale Mirmow. I took a private class from Dale, bought the Yaun Gong practice video and have loved this ever since.


To continue reading Catherine’s commentary on current events subscribe to The Solari Report here. Subscribers can log in to finish reading here.

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(Photo Credit: Reuters/Philippe Wojazer)

By Mark John

IMF chief Christine Lagarde has been put under formal investigation by French magistrates for alleged negligence in a political fraud affair dating from 2008 when she was finance minister.

Lagarde was questioned by magistrates in Paris this week for a fourth time under her existing status as a witness in the long-running saga over allegations that tycoon Bernard Tapie won a large arbitration payout due to his political connections.

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By Statista

The statistic shows the most popular categories in the Apple App Store ranked share of active apps. In June 2014, education apps were the second-most popular category, with a share of 10.6 percent of all apps being learning apps. As of summer 2013, 50 billion apps were downloaded from the App Store.

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By Dominic Rushe

The US telecoms industry called on the Federal Communications Commission on Friday to block two cities’ plans to expand high-speed internet services to their residents.

USTelecom, which represents telecoms giants Verizon, AT&T and others, wants the FCC to block expansion of two popular municipally owned high-speed internet networks, one in Chattanooga, Tennessee, and the other in Wilson, North Carolina.

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By The World Federation of Exchanges

The World Federation of Exchanges Ltd. published its first-half Statistics Market Highlights report. The main trends for this first six months of the years:

  • The value of share trading rose 10% worldwide to 29.7 trillion USD from the second-­half of 2013 (+6.8% year on year).
  • The number of trades rose 10% from the second-­half of 2013 (+12% year on year); the average value of trades decreased.
  • A continuing strong performance of equity markets, Global Market Capitalization rose 6% to 68,7 trillion USD from the second-­half of 2013 (+21% year on year).
  • Good performance of IPO markets and investment flows. The number of IPOs fell 11% compared to the second half of 2013 but increased 42% year on year. Total investment flows in USD increased 17% compared to the second-­half of 2013 (+11% year on year).
  • Exchange Traded Derivatives (ETD) volumes were stable. The total number of contracts traded decreased 0.2% from the second-half of 2013 (-13% year on year).

 
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“Man does not have a nature, but a history. Man is no thing, but a drama. His life is something that has to be chosen, made up as he goes along, and a human consists in that choice and invention. Each human being is the novelist of himself, and though he may choose between being an original writer and a plagiarist, he cannot escape choosing. . . .. He is condemned to be free.” ~ Jose Ortega y Gasset

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(Photo Credit: GAZPROM)

By Stephen Bierman

Exxon Mobil (XOM) Corp.’s dream of drilling in the Russian Arctic may risk running aground on the politics of Ukraine.

The company plans to start drilling in August in the Arctic’s remote Kara Sea — the centerpiece of Exxon’s global alliance with Russian state-controlled OAO Rosneft. (ROSN) The partnership, which includes shale exploration in Siberia and joint venture fields in Texas, will come under greater scrutiny after the U.S. placed sanctions on Rosneft’s Chief Executive Officer Igor Sechin.

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America’s reputation as a nation of laws and as a nation of immigrants is at stake here. Making the law-abiders feel discounted would not have rested well with the Founding Fathers either.” ~ Dr. Manmeet Singh, “Lament of a Legal Alien,” WSJ, August 11, 2014

By Catherine Austin Fitts

It’s time to pay serious attention to what is happening on our borders. The variation between what the law requires the federal government to do, and what the federal government is actually doing or facilitating has profound implications for the future of US sovereignty and the US economy.

A country that cannot maintain its borders may not remain a country. If that sounds alarmist, please note we have Peggy Noonan, a respected WSJ editorialist, conveying a trial balloon for breaking up the United States. Doing so is one way for those who now control the assets that have been stolen to rid themselves of the US Constitution and governmental liabilities.

Zack Taylor, charter member of the National Association of Retired Border Officers (NARBO), joins me this week on the Solari Report for an in depth look at what is happening on our borders.  This includes a tour of the darker issues involved – topics you rarely hear explored. This is information that is important for you to have while there is still time to take the actions necessary in our own lives as well as support the leadership that can do something about it. Mid-term elections are a time when you can be heard loud and clear.

Zack and NARBO have posted several excellent video presentations online. In Let’s Got to the Movies, I encourage you to watch the first interview with Zack that we posted here on the Solari Report blog.

It’s the last week of the month so no Money & Markets. I will address your questions on our first Report after Labor Day, when Anne Williamson joins me to discuss what is happening in the Ukraine, including how it connects to the transnational organized crime operating South and North of the US Border.

See you Thursday!

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