“In a few days, there’s going to be this international colloquium. And this place’ll be crawling with rich and powerful people, the world’s leading business people and politicians. – What, four days in the sun and they conclude that global recovery depends on their making more money?” `“The Worricker Trilogy” – BBC TV miniseries

Check it Out!

By Your Culture Scout

For a good few years now, both consumers and the entertainment industry have been pointing out how much TV shows are superior in quality to movies at a local multiplex. For every new superhero movie, from Superman to X-Men, there has been some new TV show that surpassed them in terms of entertainment value, amount of audience, intellectual scope, and quality of actors and writers who contributed. Think of the worldwide phenomenon of Game of Thrones, and Sherlock (the one with Benedict Cumberbatch, not the old tweed versions), Orange Is New Black and Star Trek for the millennial crowd, and Downton Abbey and The Crown for the more genteel audience. Downton Abbey is also a good representative of a niche within popular shows – that of a British TV drama. This category immediately evokes quality: excellent British stage and film actors, engaging and ambitious writing, and an impeccable design of costumes and sets, especially in historical dramas. Audiences worldwide have been accustomed to expect these traits from a British show and they are rarely disappointed. Within this category, there is another trend: political thrillers. Within last couple of years, there have a quite a lot of British shows that have several things in common: an excellent casting and writing as a rule, but above all a more mature and modern way of describing the current political world.

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“No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law; and a regular Statement and Account of the Receipts and Expenditures of all public Money shall be published from time to time.” ~ Article I, Section 9, Clause 7, The US Constitution

By Catherine Austin Fitts

This week Dr. Mark Skidmore, Morris Chair of State and Local Government and Policy at Michigan State University joins me on the Solari Report to discuss his recent report on the $19 trillion in undocumentable adjustments at the Department of Defense (DOD) and the Department of Housing and Urban Development (HUD) between 1998 and 2015. I have been using the number $18 trillion. However, Dr. Skidmore and his team have identified another $1 trillion which we will be adding to the documentation that he and his students have reviewed and provided. See DOD and HUD Missing Money: Supporting Documentation.

This issue has great importance to you and your family. Many of our problems are related to how the federal government and the banks and private corporations that run its operations can access trillions in secret outside of the Appropriations Clause of Article I of the US Constitution and the US financial management laws. This nearly infinite amount of money finances whatever the people who can access the money want. Forget democracy! Forget the republic! The policies are set by the people who control the operations, assets and technology that secret money finances. Notice that Congress consistently votes against the wishes of the American people and their constituents! Their votes are following the money.

In Let’s Go to the Movies, I will review Top Secret America – From 911 to the Boston Bombings. This PBS presentation describes reporters the efforts of Dana Priest and William Arkin efforts to document the explosive size and expense of an out-of-control national security state after 9/11.

Top Secret America

In Money & Markets this week I will discuss the latest in financial and geopolitical news. Make sure to send or post your questions for Ask Catherine.

Talk to you on Thursday!

Related Reading:

DOD and HUD Missing Money: Supporting Documentation

9/11 Trillions: Follow the Money

Farrell and Fitts at SSP 2014

The Exchange Stabilization Fund with Rob Kirby


Money & Markets

Here are the Friday charts: Set One, Set Two, Set Three, Set Four


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