• The Solari Report   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...

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  • 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.

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    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.

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    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…

    (more...)

    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…

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    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…

    (more...)

    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
    Widespread Western…

    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…

    (more...)

    What Nobody Told Me about Small Farming: I can’t Make a Living
    Salon | 09 February 2015
    I didn’t say I felt…

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    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…

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    China Pivots Everywhere
    RT | 20 February 2015
    Wave of the future…

    Germany Rejects Greek Loan Request
    BBC | 19 February 2015
    Friday’s vote…

    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…

    (more...)

    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…

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    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
    Spy Talk…

    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…

    (more...)

    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
    Awash with…

    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…

    (more...)

    “There is no limit to how low rates can go and how large foreign currency reserves can grow… The message is that if it’s not enough, we will do even more… Either we can expand our balance sheet or we can go deeper into negative territory with the interest rates. That is a possibility and no one should try to outguess us here…We can go on forever.” ~ Lars Rohde, Denmark Central Bank Governor, February 2015

    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:

    • the outlook for the US dollar and the impact of dollar performance on the US stock market;
    • issues and options to consider for your portfolio and investment strategy;
    • a serious deflationary scenario – could it happen and what would the implications be for your strategy; and,
    • the pros and cons of direct securities registration.

    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!

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    “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.

    • Corporate contractors paid $25-150 an hour plus mark up by the federal governments to do jobs that could be teleported into your community. Your neighbors currently living on government subsidies would love a job for $10-20 an hour plus health care insurance. Local businesses will not get the opportunity to compete because the government contract budgets are not accessible;
    • Perhaps you do not notice the FHA foreclosed property across town that could be purchased and rehabbed for $100,000. Yet, it sits empty while HUD funds a public housing complex rehab for $250,000 per unit. Costs are loaded up with generous “fees for our friends;”
    • You have not thought about the federal prison in the next county. Your spouse is working two jobs to cover household expenses and to pay federal taxes. In an entire lifetime, your family will pay $154,000 in federal income taxes. It turns out that this is the cost for one year for one prisoner to process through the criminal justice system. If you understood what it cost you, maybe you would feel differently about incarcerating non-violent criminals for growing medicinal marijuana for people who can not afford health insurance; or,
    • Maybe you would have felt differently about the bailouts if you have known that the banks enjoyed gifts and loans in an amount equivalent to at least several multiples of all of the outstanding residential mortgages in the country.

    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!

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    by Wikipedia

    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.

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    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.

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    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.

    (more…)

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    [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.

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