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“Come, Watson, come!…The game is afoot.” ~ Sir Arthur Conan Doyle, The Return of Sherlock Holmes
By Catherine Austin Fitts
This coming week – the first week of a new year – we will begin our publication of the 2017 Annual Wrap Up.
For the first two weeks, Dr. Joseph P. Farrell will join me to discuss News Trends & Stories. In Part I, we look at the 10 top stories of 2017 in Economy & Financial Markets and Geopolitics:
1. 2017: The Year of Punching Back
2. Global 2.0 to 3.0: The Shift Starts Up the S Curve
3. Tsunami Of Ops
4. BRICS Build Independent Systems
5. The Trump Shock (including our 2017 Trump Administration report card)
6. US Budget: The US Doubles Down on Missing Money, War & Arms Sales
7. Planet Equity, Crash Up & the Bull Market in Centralization
8. The European Union After Brexit
9. Pension Fund Crisis
10. Dawning Realization: Time to Enforce
As you listen, check out our web presentation for News Trends & Stories including our complete trends list, our choices for top news videos of the year, and our description of each of the 10 top stories.
In the week following we will cover the 10 top stories in Culture and Science, Space & Technology and discuss UnAnswered Questions, Inspiration and Go Local.
Because our “in person, in depth” discussions in the 2017 3rd Quarter Wrap Up were popular, Dr. Farrell and I used the same format again for our discussion of News Trends & Stories for the 2017 Annual Wrap Up. Inasmuch as our discussion is lengthy, we will publish both full-length and chapter-length versions so you can listen selectively if you prefer. These discussions explore 2017 to find the most important developments that will inform the year ahead. This in-depth discussion has been immensely productive for both Dr. Farrell and myself.
In our third week I will cover equity markets and publish the first Blockbuster Chartology from Rambus for the new year, 2018.
In the final week we will address our 2017 Annual Wrap Up theme: Does Your Pension Fund Have a Deep State Drain? Money is going missing in many directions. It’s time to ask some serious questions about whether and how this is impacting our pension funds. In the United States and many countries, taxpayers are on the hook for corporate and government pension funds. Whether you have a pension fund or not, this will impact your finances and the finances of your neighbors and community too.
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 Wormwood, Chapters 1-6 and what its publication by Netflix says about the Washington press corp, including the Washington Post.
Please post or e-mail your questions for Ask Catherine.
Talk to you Thursday!
Dear Catherine,
Your interviews got my year off to a good start as it seems that after a decade of perseverance your efforts at getting awareness of the missing money is gaining momentum.
What is the name of the video about autonomous weapons which you mentioned a few times in the interviews?
You also talked about the BRICS. In previous articles and interviews you have talked about how the dollar is supported by the global payment infrastructure which the US controls. I don’t know about settlements but I read an article from Simon Black back on 2nd May 2017 in which he wrote about how obsolete the banking technology is obsolete.
https://www.sovereignman.com/banking-system/i-never-knew-how-screwed-up-global-banking-was-until-i-started-my-own-bank-21494/
Here are some highlights from his article:
“Every bank runs on something called “core banking software”, which is sort of a central financial database that keeps track of all accounts and transactions. The software that many of the most established banks use was originally written in either Fortran or COBOL, both 60-year old programming languages that date back to the late 1950s. As technology improved, banks continually patched and updated their systems. Simply put, the most important functions in the banking system are powered by decades-old technology.
It doesn’t get any better internationally either. If you’ve ever dealt with international financial transactions you may have heard of the SWIFT network. You can imagine my surprise when I found out that SWIFT runs on Windows Vista an obsolete operating system that Microsoft no longer supports.
Unsurprisingly, SWIFT has been hacked numerous times, both by the NSA as well as private hackers who have stolen a great deal of money from their victims. Last year a bunch of hackers famously penetrated the SWIFT network and stole over $100 million from the Bangladesh central bank. And that was nowhere near an isolated incident. This is the big hidden secret of banking: despite the shiny veneer of online banking, the institutions that literally control your money are run on outdated, inefficient, obsolete technology.”
If what Simon Black says is correct then the US control of the infrastructure seems to be quite tenuous as best, and it shouldn’t be too difficult for BRICS or anyone else to come up with a new and better system.
What do you think? Do you agree with his assessment?
Wishing you a good year ahead.
Andrew
A new system always allows you to jump the curve. I have not looked into the state of the payment system recently so I can not say. I believe all digital systems are insecure. You might enjoy Black Money by Michael Thomas. Helps you understand PROMIS. Take a look at my article THE DATABEAST.
Here is slaughterbots: http://autonomousweapons.org/slaughterbots/