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New Testimony Reveals Citigroup Knew Exactly What Crap It Was Selling

By John Mauldin

At the end of last week’s letter on the whole mortgage foreclosure mess, I wrote:

“All those subprime and Alt-…

By Vincent Fernando

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Former hedge fund manager Shah Gilani notes:

In creating MERS, these institutions actually changed the land-title system that this country – for much of its history – has relied upon to determine l…

Some foreigners with full bellies and nothing better to do engage in finger-pointing at us….First, China does not export revolution; second it does not export famine and poverty; and third, it doe…

By Gretchen Morgenson

Lawyers representing delinquent homeowners have been shouting for years about documentation problems in residential mortgages. Now that their complaints have gained traction wit…

By Michael B. Marois

California, which has the largest U.S. public-pension fund, faces liabilities that may exceed its annual state-tax revenue fivefold within two years unless lawmakers rein in bene…

By Andrew Walker

Finance ministers from the G20 leading economies have agreed reforms of the International Monetary Fund, giving major developing nations more of a say.

At a meeting in South Korea…

Trailer.

Movie Website . . .

Related reading:

Inside Job (film)
Wikipedia

Note From Catherine:

I saw Charles Ferguson’s Inside Job this weekend. It is quite good. There are some great interview…

I just finished watching Edward Griffin, Mike Murphy and Paul Wittenberger’s new documentary “What in the World Are They Spraying?” It is terrific.

Full Video

?Official Trailer?

Buy the DVD:
The C…

By Josh Gerstein & Abby Phillip

To many in the foreign policy community, Tom Donilon’s selection Friday [CAF Note: October 8] as national security adviser to President Barack Obama was a dese…

By Gautam Naik

There is a lot more water on the moon than previously believed, according to an analysis of NASA data being published Friday, a finding that may bolster the case for a manned base on…

Multnomah County Oregon

By Stephen C. Webster

It’s crunch-time for many municipalities across the United States, but for one county in Oregon, that means a little more than in most.

The district a…

Catherine Austin Fitts talks about it in 2004. …

Continue Financial Fraud in The Mortgage Market 1

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Financial Fraud in The Mortgage Market 2

Full Recording:

America’s Black Budg…

One of the Massachusetts Congressional races is using a new, more unorthodox approach to video ads!

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Barney Frank
Wikipedia

Sean Bielat
Wikipedia

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Yesterday, I showed that mortgages were fraudulently pledged to multiple buyers at the same time.

Today, foreclosure expert Neil Garfield (former investment banker, trial lawyer and board member of…

Follow a diverse group of makers and entrepreneurs as they document the achievements of current makers and the revolution they have inspired.

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(19 Oct 10)

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April Charney, a senior staff attorney for Legal Aid in Jacksonville, Florida…

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By Catherine Austin Fitts

Several people have asked me what methods I use for detoxification. Here are the actions that I use that work for me.

Testing (Since 2006):

I get a 24 hour heavy metals ur…

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MSNBC (18 Oct 10)

Obama’s Sub-Prime Conflict

By Dennis Bernstein

I remember my first piggy bank: a little pink piggy, made of plastic, with a little slot at the top. The slot was big enough, perhaps, to fit a half …

Zerohedge – Tyler Durden (18 Oct 10)

The latest currency war escalation does not come from any of the usual suspects (the Fed-PBoC-BOJ-ECB-SNB hate pentagongram) but from non-axis player Brazil. An…

By Michael Roberts

My name is Michael Roberts, and I am a pilot for ExpressJet Airlines, Inc., based in Houston (that is, I still am for the time being). This morning as I attempted to pass through…

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By Liz Rappaport, Aaron Lucchetti and Stephen Grocer

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[Note from CAF: Keeping individual compensation at high levels is one of the benefits of Wall Street protect…

Benoit Mandelbrot
20 November 1924 
14 October 2010

Born in Poland, he moved to France with his family when he was a child. Mandelbrot spent much of his life living and working in the United Sta…

By Rob Stein

Federal health officials on Thursday announced a crackdown on a controversial therapy widely hawked on the Internet and elsewhere as an alternative treatment for conditions such as aut…

A report by Jeremy Scahill in The Nation (Blackwater’s Black Ops, 9/15/2010) revealed that the largest mercenary army in the world, Blackwater (now called Xe Services) clandestine intelligence servi…

Web space contributed by:
Solari, Inc., Catherine Austin Fitts, President, P.O. Box 157, Hickory Valley, TN 38042.
Paid for by Committee to Elect Carolyn Betts as Columbia Township Fiscal Officer,…

By Marcus Wohlsen

Attorney General Eric Holder is warning that the federal government will not look the other way, as it has with medical marijuana, if voters next month make California the first s…

By David Liechty

Question from a Solari Report Subscriber:

Is there gold in Ft Knox? – Who does it belong to? – Are the bars real or phony?

According to the U.S. Mint website, the U.S. Bullion D…

By Mark Gongloff

The mortgage-foreclosure crisis spilled into the financial markets on Thursday, driving down bank stocks and weighing on mortgage bonds as investors took a grim view of the potential…

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Battlestar Galactica
Wikipedia

By Catherine Austin Fitts

When I was assistant secretary of HUD during Bush I and the lead financial advisor to the Federal Housing Administration under President Clinton, I watched from the position…

Catherine’s letter to the NY Times about the perverse incentive systems and “tapeworm” economics of prison stocks before she knew that Dillon had banked and cashed out of Cornell:

Letters to the Edit…

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By Yves Smith

I get on an airplane, and there are more dramatic developments by the time I land.

Even though the headline item is the fact that the attorneys general in all 50 states are joining t…

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The Sixth U.S. Circuit Court of Appeals struck down an Ohio state ban last week that prohibited dairy not treated with bovine growth hormone from being labeled “rbGH free,” “rbST free” or �…

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The International

Interpol Agent Louis Salinger (Clive Owen) and Manhattan Assistant District Attorney Eleanor Whitman (Naomi Watts) pool their resources in an attempt to break up an intern…

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(22 Nov 09)

By Sam Smith

If you were to sign a false legal document, the courts and police would not call it “flawed paperwork.” But that’s the term the Associated Press is using about the foreclosure situatio…

This is a series giving a basic explanation of the current foreclosure fraud crisis: This is Part One.

The current wave of foreclosure fraud and the consequences for the economy are difficult to fo…

2010 G-20 Summit – Seoul, South Korea

Agenda:

Ensuring global economic recovery
Framework for strong, sustainable, and balanced global growth
Strengthening the international financial regulator…

Lars Schall has just translated my article “The American Tapeworm” into German.

Here it is!

Freitag, 8. Oktober 2010 22:23

von Catherine Austin Fitts , Übersetzung von Lars Schall

Kehren wir ei…

The Cornucopia Institute’s report, Scrambled Eggs: Separating Factory Farm Egg Production from Authentic Organic Agriculture, will empower consumers and wholesale buyers who want to invest their f…

By Suzanne Presto

The International Monetary Fund concluded two days of talks in Washington Saturday without reaching a solution to address rising tensions about currency exchange rates.  Meanwhil…

The Navy is set to be reduced to the smallest size in its history after admirals yesterday offered drastic reductions in the fleet in order to save two new aircraft carriers from defence cuts.

By T…

Agricultural Raw Materials 24%
Industrial Inputs Index 25%
Metals Price Index 26%
Barley 32%
Oranges 35%
Beef 23%
Pork 68%
Salmon 30%
Sugar 24%
Wool 20%
Cotton 40%
Palm Oil 26%
Hides 25%
Rubber 62%
Ir…

By Rob Kirby

First reported by Dawn Kopecki back in 2006 when she reported in BusinessWeek Online in a piece titled, Intelligence Czar Can Waive SEC Rules , “President George W. Bush has bestowed o…

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?Vanishing of The Bees?
vanishingbees.com

By Ezra Klein

Janet Tavakoli is the founder and president of Tavakoli Structured Finance Inc. She sounded some of the earliest warnings on the structured finance market, leading the University of C…

By Peggy Noonan

Washington is turning America into Paperwork Nation.

If you write a column, you get a lot of email. Sometimes, especially in a political season, it’s possible to discern from it ce…

By David Rosen and Bruce Kushnick

Since 1991, the telecom companies have pocketed an estimated $320 billion — that’s about $3,000 per household.

This is a conservative estimate of the wide-scale…

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