“We believe that the responsible treatment of animals and land stewardship are essential when striving to raise great-tasting, best-in-season grass-fed beef and free-range poultry. For these reasons, we are confident in saying the quality of BN Ranch meats is truly exceptional.” ~ From Bill Niman’s BN Ranch https://www.bnranch.com

By Catherine Austin Fitts

This week on The Solari Report, Harry Blazer interviews the legendary Bill Niman.

Bill was the founder of a number of companies involved in the production and processing of pasture-raised meat products, two of which continue to operate today – Niman Ranch and BN Ranch. Bill has set the standard for good husbandry practices and quality of finished product in the pasture-raised domain. The pork, beef and turkey products that continue to bear his name have become the preferred fare of some of the best chefs and connoisseurs in the United States. The proof is in the pudding – I have been eating Bill’s meats since 2005 and sending them as special gifts to friends and family.

Rarely does a leader enjoy such an impeccable reputation for knowledge, integrity and performance.

Harry and Bill cover the issues around producing high quality, pasture-raised meats from global geopolitics to how to ensure that you are sourcing the quality of food you need to be healthy. This is essential knowledge that you need to navigate your daily life coming from two of the top experts on food in the industry.

In Let’s Go to the Movies, check out Netflix’s new documentary Rotten the Documentary on quality issues in the food system.

It’s the last week of the month so no Money & Markets. Post and e-mail your questions for Ask Catherine and I will address the following week.

Related Reading:

Blue Apron just partnered with the godfather of sustainable meat — and the move will transform its meal kits

Talk to you Thursday!

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Money & Markets

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

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[CAF Note: This article was submitted by Terrence Leveck for publication. It was so substantially edited that we decided to publish at Solari.com. Our readers really want to know where the missing money went and how we get it back!]

by Dr. Terrence Leveck

On September 10, 2001, then Secretary of the Department of Defense Donald Rumsfeld said that for the 1999 DOD budget, “According to some estimates, we cannot track $2.3 trillion in transactions.” https://www.cbsnews.com/news/the-war-on-waste/ The following day the US sustained the terrorist attacks that forever changed our world, and this startling revelation was largely forgotten, until recently.

When a discrepancy occurs in an account that cannot be traced, it is usual to make what is called an undocumentable adjustment, or journal voucher. This is similar to when your balance is off by ten dollars when you reconcile your checkbook, so you add or subtract that amount to make everything balance with the bank. In 1999 the amount the Pentagon adjusted was eight times the DOD budget for that year, and one third greater than the total federal budget. https://en.wikipedia.org/wiki/1999_United_States_federal_budget

By 2015 the amount reported by the Office of the Inspector General (OIG) had increased to $6.5 trillion for the Army only. http://www.thefiscaltimes.com/2016/07/31/Pentagon-s-Sloppy-Bookkeeping-Means-65-Trillion-Can-t-Pass-Audit Dr. Mark Skidmore, Professor of Economics at Michigan State University, thought this made no sense and suspected an error in media reporting. Looking into this issue by using data published on the government’s own websites, he found that $21 trillion in unsupported adjustments have been reported by DOD and the Department of Housing and Urban Development (HUD) for the years 1998-2015. That’s $65,000 for every person in America. https://www.forbes.com/sites/kotlikoff/2017/12/08/has-our-government-spent-21-trillion-of-our-money-without-telling-us/2/#a79380966f04

Jim Minnery of the Defense Finance and Accounting Service traveled the country in 2002 looking for records on $300 million. “We know it’s gone. But we don’t know what they spent it on,” he said. He says higher-ups covered up the problem by writing it off, and he was reassigned.

According to a 2013 Reuters report, “The Pentagon is the only federal agency that has not complied with a 1996 law that requires annual audits of all government departments. The Pentagon has spent tens of billions of dollars to upgrade to new, more efficient technology in order to become audit-ready. But many of these new systems have failed, either unable to perform all the jobs they were meant to do or scrapped altogether.

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