Breakthrough

“Success doesn’t necessarily come from breakthrough innovation but from flawless execution. A great strategy alone won’t win a game or a battle; the win comes from basic blocking and tackling.” ~ Naveen Jain

By Catherine Austin Fitts

Australian entrepreneur Mark Dansie travels the world evaluating new technology claims, implementing the chosen few and reporting on his website Revolution Green. He specializes in magnetic motor and HHO gas evaluations, but also reviews a wide range of energy and related technologies. I met Mark at the Global BEM conference and was impressed at his command of the practical issues involved in bringing a new technology to market.

Mark’s catch phrase is “show me the data.” Previously, Mark studied Industrial Design at the Adelaide School of Arts, managed several commercial businesses at an Australian University including the Press, Communications and Internet company and served as CEO of a regional public housing company in Australia.

Key points to consider from our discussion:

  • Patents can be your best friend or your worst enemy
  • There’s first to market and there’s fast to market
  • VC’s always want control. License the technology so that you control the IP – don’t sell the IP
  • The best approach is to raise capital and be quiet
  • Make friends with the people who may oppose you – cut them into the deal where you can
  • Consider making your profits on the application of technology rather than on the technology itself

I asked Mark to join me on the Solari Report after getting a number of requests on how to handle the practical challenges of launching breakthrough technology projects. He was in the Philippines when we spoke and our call reception was less than ideal. We will get a printed transcript up for this report as soon as possible in the hopes that reading is easier.

This is the last week of the month so we will not have a Money & Markets segment. I will be back next week, reporting from Sydney, Australia where I will be speaking on the subject of Planet Debt.

Please join me on the Solari Report this week! You can learn more about becoming a subscriber here…

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Global Finance

““The West won the world not by the superiority of its ideas or values or religion (to which a few members of other civilizations were converted) but rather by its superiority in applying organized violence. Westerners often forget this fact; non-Westerners never do.” ~ Samuel P. Huntington

By Catherine Austin Fitts

I have experienced five or ten major intellectual moments which have changed my life.

Somebody will say something which is so profoundly insightful that, from that moment on, your paradigm shifts and your framework of looking at the world is entirely different.

One of those moments – it is certainly in the top five – happened when I first heard James Turk speak in London. He used the expression central banking warfare model and explained this concept.

At that moment, everything shifted for me. I said, “That’s it. That’s the model!!

James Turk, founder and chairman of GoldMoney, returns to the Solari Report this week for a fascinating discussion on the global financial picture. James has over 40 years experience in international banking, finance and investments. He began his career at the Chase Manhattan Bank where he worked on assignments in the Far East and subsequently served as manager of the commodity department of the Abu Dhabi Investment Authority.  I consistently value the logic with which James views the global financial landscape – his vision is strategic and grounded in decades of experience with managing global assets.

Here are a few of the topics we’ll discuss this Thursday:

  • The Fed looks like it won’t be raising interest rates by any meaningful amount – the US government can’t afford to.  We’ll discuss why.
  • Even though the dollar has risen, the US economy is soft. There was a real expectation that the US economy would be reasonably good in Q1, but (when you back out inventories) it deflated. The problem with throwing a dollar bear trap is that the US could end up shooting itself. We’ll explain why.
  • The great mystery: what will happen to derivative interest rate swaps in a rising interest rate environment?
  • We keep draining productivity in order to centralize the economy. But, at some point, you can’t keep draining productivity without major dislocations.

Please join James Turk and me on the Solari Report this week! Not a subscriber? Learn more here…

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In Let’s Go to the Movies, I will discuss the documentary Particle Fever. This film explores the Large Hadron Collider in Switzerland — it’s history, it’s purpose and how it may soon change humanity’s view of the universe.

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Child

“I’ve noticed a fascinating phenomenon in my thirty years of teaching: schools and schooling are increasingly irrelevant to the great enterprises of the planet. No one believes anymore that scientists are trained in science classes or politicians in civics classes or poets in English classes. The truth is that schools don’t really teach anything except how to obey orders.”
~ John Taylor Gatto

By Catherine Austin Fitts

This week on the Solari Report, Anthony Cody and I discuss one of the most important stories currently flying “under the radar” in the US: the sweeping changes underway in the US educational system due to the Common Core initiative.

Anthony is the author of The Educator and The Oligarch: A Teacher Challenges the Gates Foundation. He worked in the schools of Oakland, California for 24 years, 18 of them as a middle school science teacher. He was one of the organizers of the Save Our Schools March in Washington, DC in 2011 and he is a founding member of the Network for Public Education.

What is at issue with the Common Core initiative?

  1. Common Core is standardizing curriculum on a national basis.
  2. Common Core organizes curriculum around standardized testings.
  3. Early results indicate that Common Core tests yield a failure rate of approximately 70%.

rotten_core

With technological advances including robotics, driver-less cars and 3-D printing, the corporate economy of the future will need fewer employees. What to do? Why not “convince” the majority of the young people that they are unworthy of careers, let alone entrepreneurship and the skills that facilitate political power and economic ownership? And educate the few who succeed to serve large monopolies. Enter Common Core.

Those who promote Common Core report that this program is making education more rigorous. That is not what I hear and see when talking with students, teachers and parents. It is the ultimate in dumbing-down.

As discussed in the 1st Quarter Wrap Up, I believe that Common Core is the first wave of federal mandates in education which cumulatively represent the darkest political agenda yet.

In Let’s Go to the Movies, I will discuss the documentary, The School.

For three decades, Russian visionary Mikhail Shetinin has been shattering both mainstream and ‘alternative’ views on education, while creating humanity’s new future. At his School, the children have designed, built, and decorated their own campus. They cover the entire high-school curriculum in one year and get official Master’s degrees by the time they are seventeen.

Young student with computer

The School offers an inspiring vision of what excellence in education can be. Time to organize one in your community? I think so.

In Money & Markets, I will be reporting on global geopolitics and financial markets from Australia. Make sure you post your questions for Ask Catherine!

Talk to you on Thursday!

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Military

“If you like Iraq and Afghanistan, you’ll love Iran.”
~ General Anthony Zinni

By Catherine Austin Fitts

This week on the Solari Report I will be speaking with returning guest, Colonel Lawrence Wilkerson who is currently a visiting professor at the College of William & Mary.

Col. Wilkerson served for 31 years in the US Army, a career highlighted by his service as Special Assistant to Gen. Colin Powell as Chairman of the Joint Chiefs of Staff (1989-93) and as Chief of Staff to Powell when he was Secretary of State. After volunteering for the US Army, Col. Wilkerson served as a helicopter pilot in the Vietnam War.

We’ll be discussing the implications of the Iran deal and its implications for Europe (good), Israel (not so good), and the US (let’s see). As Col. Wilkerson points out, this agreement offers a far better alternative to war.

We’ll also be discussing the pivot to Asia, a move which has yet to be felt in the Far East. How might the Trans-Pacific Partnership and the Asian Infrastructure Investment Bank affect this turn?

Colonel Wilkerson feels strongly that the US should not be seen as just a military power: “A huge challenge is that we will have (9) billion people by mid-century. We’re not going meet these challenges individually and we’re not going to meet them with bombs, bullets and bayonets.”

Colonel Wilkerson gives an excellent assessment of the challenges facing the United States – and addresses what I believe is our #1 financial problem: leadership. This is a great interview – you don’t want to miss it.

In our Money & Markets segment this week I’ll discuss the latest in financial and geopolitical news.

In Let’s Go to the Movies, I will review Tracks, a film adaptation of Robyn Davidson’s memoir chronicling her nine-month journey with camels across the Australian desert. Davidson’s journey years ago inspired me to ride a bicycle across the United States. I will spending May and early June in Australia and New Zealand and will be visiting Uluru for the first time.

Please join me on the Solari Report this week! Not a subscriber? Learn more here…

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