Harry:
Thank you for the opportunity to be on your e-mail list. I appreciate your generosity and hard work.
I am writing to ask you to unsubscribe me from your list. I value your research reports. However, it would be hypocritical of me to accept them.
I believe in death penalties for private corporations and partnerships. My vote for one of the first to be executed is Goldman Sachs.
You and your colleagues have helped to build and manage a machinery that has committed treason and genocide on a breathtaking scale. The history of Goldman Sachs over the last two decades is living proof that it is possible to kill with a financial system and a pen.
The fact that you don’t understand what you and your colleagues are doing is breathtaking. It raises more than a few questions about whether you understand what is really behind the flow of funds you track and publish.
The question before us is who will pay the price of the mess that you and your colleagues have had such a significant hand in creating:
Who will lose their business and who will keep it?
Who will lose their job and who will keep it?
Who will lose their home and who will keep it?
Who will lose their reputation and who will not?
Who will lose their family and who will not?
Who will lose their health and who will not?
Who will lose their future and who will not?
Who will lose their life and who will not?
Who will lose their freedom and who will not?
My plan for bailing out the country would include asserting common law offsets against the assets of the NY Fed member banks and all of their partners and employees who benefited up to an amount sufficient to repay $4 trillion missing from the US government, to fund losses caused by the manipulation of the precious metals markets and to fund claims of fraudulent inducement and fraud on mortgages and mortgage securities. To fund the offsets, I would propose to seize the offshore and onshore assets of those who created the mortgage bubble and derivatives mess in the first place.
Frankly, I see no reason why millions of poor people around the world should pay a global tax through the dollar and US treasury and agency securities for which the American people are liable, so you and your colleagues can continue to live in comfort and luxury without concern that you will be held accountable to the same standards of enforcement applied to the people who live in the communities wrecked by the mortgage, money laundering and financial fraud that made you and your clients so powerful.
It seems to me if anyone should lose their business, jobs and home, it is you and your colleagues.
Sincerely Yours,
Catherine Austin Fitts
Dear Catherine,
Thank you. It quite refreshing, in this country, to hear some truth.
Catherine,
Light Worker that you are, you continue to bring Truth to the world and I want to thank you from the bottom of my heart for your honesty, compassion, sense of humor, and desire to help us to spread the word.
Valerie
You are calling everyone out to be accountable for their actions and their beliefs. I appreciate that in the sense not that the nature of people will change. It won’t. Given the opportunity, people steal. That’s what happened and will keep happening. That’s why I prefer to deal at the point of opportunity: how easy do enough people make it for a few to steal vast sums and how harshly can the law and punishment discourage them. A lot of this comes back to us. I believe that poor, middle, and rich households could stop buying 90% of the plastic imported trickery made by people who only have the job because they can be treated as inhuman and far out of sight, then corporations would shift.
This spiral has led to huge margins as real quality has disappeared, only showing up at the price of luxury when it does. We’ve redefined basic quality as luxury simply by limited access to it. In Manhattan, people pay 2mm for a Pre-fab 1br apt.
The corporate men are not immoral men – worse, they’re amoral men who will conform to the available flow of money, however we supply or constrict it. …salad at at a fast food restaurant is unfortunately the extent of our dollar lobbying. I hope your local bank idea catches. I’m looking now. Thanks.
“More dangerous than standing armies” We were warned but did not heed our Fathers. Some how, some way, We must regain our sovereignty. Start with Cathrine in the Treasury!
Richard:
The NY Fed as depository for the US government is responsible for federal government bank accounts. According to US reports, US government agencies have over $4 trillion of undocumentable adjustments. Those are transactions that can not be proved to be authorized by the Congress, pursuant to the constitution. If you follow the common law rights of offset asserted in the Hamilton Securities case (see http://www.dunwalke.com/gideon), I would argue that the NY Fed banks are responsible for effecting unauthorized transactions. In theory, we do not have to prove where the money went or have the detail. We can assert our right to to that amount and proceed with offsets.
Such offsets could take the form of extinguishing outstanding debts, even taxes due. So you don’t get cash back from the parties involved. You simply extinguish what you owe.
If you combined such offsets with local tax escrows and local currencies, a lot could shift.
I think even your optimistic self Catherine, will be surprised when we indeed attract the hard working intelligent people back into the real world economy. There’s only one reason they are where they’re at right now and that’s because they think “this is all that there is”. I have seen many, many miracles of awakening this last year that have blown my mind. Since I have been following you I have often wondered how the tipping point was going to be triggered and finally “financial realism” and awareness would go viral. It’s happening and accelerating. Way to go Catherine!! Your hard work will help a lot of people either directly or indirectly. You are a champion and I am grateful to know your work!
Catherine,
Thank you for your example.
Best wishes to you always during these “interesting” times.
-Daniel Molina