Money & Markets Report: February 19, 2026
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Money & Markets
Thin ICE
John Titus and Catherine Austin Fitts host a Money & Markets episode themed “Thin ICE,” arguing that public support for an expanding surveillance/control infrastructure is weakening as the physical “hardware” of a domestic control grid becomes visible. They focus heavily on a thoroughly sourced, anonymously written ESC analysis of Jeffrey Epstein’s DOJ-released emails, presenting Epstein as an “intelligence router” and distributed “switchboard” for elite networks—moving from early Rockefeller sponsorship (including appointments to Rockefeller University, the Trilateral Commission, and CFR) to representing the Rothschilds by 2016. The discussion frames Epstein as an agent connecting multiple Rothschild branches and broader financial/governance projects, including programmable/digital currency concepts (purpose-bound money), AI classification, impact/ESG investing, and institutional staffing, with the claim that by 2019 the network’s threads were “institutionalized,” making the switchboard operator unnecessary. Fitts links this to the institutionalization of financing via FASAB 56 and to “Going Direct Reset” planning, suggesting Epstein’s removal occurred after his function was no longer needed. They also discuss alleged functions of Epstein’s sexual blackmail/abuse operation as bonding, personnel “benefits,” blackmail, and reinforcing dehumanization.
The episode then turns to political backlash over the Epstein Files, citing reporting that DOJ records include an FBI interview of a “credible victim” alleging Trump sexually assaulted her when she was 13–14, and claiming Pam Bondi lied to Congress by saying there was “no evidence” of Trump crimes related to Epstein. They highlight polling showing strong public belief that powerful elites protected Epstein and need investigation, and discuss broader distrust in the DOJ. Clips from a hearing show survivors saying they still have not met with DOJ, and Bondi not apologizing; another clip shows Bondi pivoting to stock-market records (Dow/S&P/Nasdaq) as a defense, which the hosts connect to a “red button problem” where rising portfolios buy public acquiescence.
They cover DHS/ICE actions, including administrative subpoenas to tech companies (Google, Reddit, Discord, Meta) seeking identifying data on anti-ICE or ICE-tracking accounts, and Social Security workers being told to share appointment details with ICE—described as an expansion of the security state into other agencies. They cite cases alleging ICE agents made false statements under oath after shootings and note thousands of court rulings finding unlawful detentions. They also discuss a federal judge blocking efforts to penalize Sen. Mark Kelly over speech about refusing illegal military orders, after a grand jury rejected a proposed indictment.
On economics, they discuss consumer inflation vs. price levels, argue official inflation understates lived cost increases, and highlight rising delinquency and “survival debt,” noting NFCC clients now averaging $70,000 income with $35,000 unsecured debt. They discuss healthcare costs as a major driver. On housing, they cite an article arguing the “housing market” functions as a market for financial products serving investors and keeping prices elevated, and discuss financialization. They review market charts including homebuilders vs. S&P, Palantir vs. major indexes, and central bank reserves showing gold overtaking the U.S. dollar.
In geopolitics, they examine confusing signals around Russia, Turkey, and Iran, including Turkey’s Russian-supplied S-400 systems potentially supporting U.S.-aligned actions and analysis suggesting Putin may be prioritizing sanctions relief negotiations (the “Anchorage formula”) amid internal tensions, while also considering the possibility of Russian strategic “head-fakes.” They also cover Russia–China cooperation with Iran without a mutual defense clause.
Additional stories include Gaza reporting on Israeli strikes during a “ceasefire” and Trump’s announcement of a $5B “Board of Peace” pledge, framed as a mechanism that could bypass the UN. They discuss Apple’s $2B acquisition of an Israeli “pre-speech” tech company (Quiet AI) and concerns about surveillance/targeting technology, and return to the theme of data sovereignty with Switzerland ending a Palantir contract over unacceptable sovereignty risks, highlighting extensive FOIA-based reporting.
The episode ends with follow-up on claims of buried girls near Epstein’s Zorro Ranch in New Mexico, noting a state land commissioner’s call for investigation and prior lack of action. In Solari “in-house” updates, Titus says he finished writing a new installment of “War for Bankocracy” (episode 4A), they mention an annual Equity Overview and precious-metals deep dive, share a story about alumni action stopping a school vaccine mandate via a detailed letter, highlight a “deep survival” rescue story, and announce fundraising for a Switzerland event supporting a research mirror project. They also warn about AI-generated impersonation and fabricated content used for fraud.
00:00 Welcome & Theme: “Thin Ice” and the Open-Air Prison Buildout
01:38 Epstein Returns: Introducing ESC’s Deep-Dive, Sources, and Method
05:31 Rockefeller’s “Institutional Passport”: How Epstein Got Fast-Tracked
07:52 The Intelligence Router: Mandelson, Thiel, and “I Represent the Rothschilds”
14:04 Distributed Funding & the Switchboard Model (Wexner, Leon Black, MIT)
16:40 Programmable Money Blueprint: Purpose-Bound Currency, BIS Parallels, and Projects
18:47 When the Wiring’s in the Walls: Institutionalization, FASB 56, and Epstein’s Exit
25:19 The Sex Operation’s Function: Bonding, Benefits, Blackmail, and Club Signaling
28:59 Backlash Phase: Bondi, DOJ Handling, Polls, Inflation, and the Hearing Showdown
45:21 Jordan vs. Bondi: ‘Pathetic and Weak’ Hearing Tactics
46:25 The ‘Dow at 50,000’ Red-Button Distraction (401k vs. Justice)
50:00 DHS Targets Anti‑ICE Speech: Subpoenas, Anonymity & Tech Company Compliance
53:10 Social Security + ICE: Turning Benefits Into a Control System
54:41 ICE Misconduct & DOJ Lies: False Statements, Court Deference, and Why It Matters
01:01:01 Judge Blocks Trump/Hegseth Move to Punish a Senator for Protected Speech
01:06:40 Survival Debt & Healthcare Costs: Inflation Through the Back Door
01:09:34 Housing Isn’t a Market for Homes—It’s a Market for Financial Products
01:12:25 Local Fixes: Strong Towns, Small Builders, and Financing Community Housing
01:15:02 Space/Military Turf Wars & Iran: Turkey’s S‑400s and the Russia/China Wildcards
01:18:39 Putin’s ‘Anchorage Formula’: Sanctions Pressure, Central Bank Power, and Internal Split
01:25:53 Russia–China–Iran Coordination: No Mutual Defense Clause + Ruble/Rate ‘Economic Statecraft’
01:28:24 Sanctions, Ruble Defense & Russia’s High-Rate War Economy
01:29:45 Putin, Lavrov & the ‘Head Fake’ Negotiation Theory
01:32:02 Iran Escalation Risks & Hypersonic Missile Vulnerabilities
01:33:22 Gaza ‘Board of Peace’: Ceasefire Violations and Profiteering Critique
01:35:49 Apple’s $2B ‘Silent Speech’ Buy: Surveillance, Lethal Tech & Payoff Suspicions
01:40:51 DHS Admin Subpoenas: Tech Platforms, Anti-ICE Users & the ‘For the Children’ Pretext
01:45:33 Pushback Win: Switzerland Dumps Palantir Over Data Sovereignty
01:49:39 Palantir Fallout: Lawsuit, HQ Move to Miami & Stock Underperformance
01:52:11 Epstein Zorro Ranch: New Mexico Search Push and ‘Reckoning’ Talk
01:56:51 Gold Overtakes Dollars in Reserves + Stablecoin Push to Fund Treasuries
01:57:52 Solari In-House Updates: War for Bankocracy, Projects, and Community Stories
02:09:48 AI Slop, Impersonation Scams & Integrity—Final Wrap-Up
Latest solari report & ask catherine
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Just found out that land lines will be soon discontinued in Tennessee – by this June in many counties, according to the local AT&T service lineman. Now everyone will have no choice but to have a cell phone or an internet-based phone. Just recently, there were ice storms here. The electricity was out, and the fiber, so routers didn’t work until the power was returned. The land lines, however, worked while the power was out. This is a sad day for analog…
One problem with signing up for fiber here (as well as electrical service), is that one has to give an easement “on, over and under all the property owned, leased or mortgaged” (paraphrasing the member handbook). Calling the office, they confirmed that it includes not only the property where the fiber is being installed but also any other properties owned, leased or mortgaged by the member. The easement is “for the benefit of the member, any other member, or for installing a utility infrastructure” (paraphrasing again). So if you sign up for fiber, you give an easement onto your entire property – and this seems to be almost entirely state-wide.
Not sure what we’re going to do when they discontinue the land lines, as there is no cell service in our area (thankfully) and we’re not about to give the utility company and TVA an easement over the land.
Interesting regarding copper being stolen , thus causing outages….
https://www.ooma.com/blog/business/att-copper-shutdown-pots-phaseout-2025-2029/
We taxpayers paid for the fiber-optic network. They called it the “Information Superhighway”. It was sold as better phone service and better internet. However, I recently saw a map which shows the infrastructure for the AI Data Centers and the majority of the infrastructure are the fibre-optic lines. I can’t link it, because they have removed the article. It was on NLR – National Laboratory of the Rockies.
When I moved to Palm Beach County, from a more Southern location in Florida, I was told by AT&T that they no longer would service my lines. We are now fighting against a proposed massive AI Data Center and I suspect this is why fiber-optics is no longer available to those that paid for it. Then, out of curiosity, I did a search to see if 15 minutes were planned for Palm Beach County, I found out there are many planned along our Tri-Rail line.
Fits with what Senum describes. We pay, they use.
May need a satellite phone. Worth checking out the ones Greg Hunter markets on his website. I have not tried them.
Hi Catherine, appropriate use of the snake skin analogy when describing removing the old (Epstein opp) to usher in the new (AI, programmable currency, etc.) Clearly we are witnessing the serpent from the garden at work here; the antiChrist system is becoming bolder and more open each year. I stay sane and take comfort in the understanding that the Triune God is more powerful than the serpent.
I don’t remember what was said about this, or why it is memorable.
https://web.archive.org/web/20200118002456/https://wallstreetonparade.com/2020/01/federal-reserve-admits-it-pumped-more-than-6-trillion-to-wall-street-in-recent-six-week-period/
“The Fed’s minutes also acknowledge that its most recent actions have tallied up to “roughly $215 billion per day” flowing to trading houses on Wall Street. There were 29 business days between the last Federal Open Market Committee (FOMC) meeting and the latest Fed minutes, meaning that approximately $6.23 trillion in cumulative loans to Wall Street’s trading houses had been made in that short span of time.”
Read the Going Direct Reset Wrap Up and look at the financial coup chart we always show. We have regularly made a very big deal about that. Titus in particular. See War for Bankocracy. Part 4a coming soon.
Thanks. But I’m still somewhat in the dark.
Your page 21 of the 2020 Annual Wrap up suggests and injection of $2,000 Billions from, say, mid December 2019 to mid January 2020.
The Wall Street on Parade Article suggests $6.23 Trillion over 29 days, at a slightly earlier timeframe, to maybe 6th January 2020 when their first news was published.
I’d agree that at first reading, the Fed Reserve minutes seem to imply a $6.3 Trillion total, (they give a rate per day) but that may not be what the Fed intended to say.
John uses $5 trillion based on the Fed increase in money supply from their charts. I will review with him on the next M&M.
Catherine,
You should recommend the sci fi movie “2073”. It shows how Palantir will be tracking everyone and how the world we will be if we don’t stop it. Towards the end of the movie they also talk about preparing for a catastrophe.
I left a highly paid technology job. I wasn’t interested in supporting their plans. I hope more will leave their jobs after watching this movie.
Concur about the broad percentage of people who think the government is corrupt. I suspect this is going to be similar to the malaise people had in the 1990s with Bill Clinton. The democrats who liked him would suddenly be able to separate: what Clinton was doing as a president and the man. His private life was suddenly unrelated to his ability to be president. Maybe it’s something like that – the red button problem. Thee other problem is being able to absorb the gravity of the matter – there are so many people on the lists, the list in itself has lost its power to shock. How do you weed out the wheat from the chaff? A retired commander once said to me, if the problem is too big the IG will just take a report, they won’t be able to even offer a solution.
I look forward to next M&M, it will be very interesting to see what you think about the inability of the DoW to spend money. My project has things to spend money on and it’s a struggle to match up the funds to a fast enough to execute contract vehicle. Even with some of the novel contracts now on the scene. Money needs to trickle in for several years than contracts can be developed awarded and the larger amounts can come in over the POP (Period of Performance) to be spent. Or the money just has to be sent back never to be seen again. Do you think the expiration of money will go away? Sometimes referred to as colors of money. That would solve a lot of problems.
https://dailycaller.com/2026/02/21/pete-hegseth-pentagon-war-department-half-trillion-dollars-increase-military-spending-donald-trump-administration/
I watched a video recently that a friend sent to me. It was an interview on InfoWars by Alex jones. In light of the release of the Epstein files, he interviewed Cathy O’Brien who survived MKUltra Project Butterfly until her rescue. She and her rescuer, Mark Phillips who she later married, wrote “Trance….Tranceformation of America” I had read that book a good while ago so I knew quite a bit already. Cathy was privy to a lot of secret conversations. She was to live only to age 30 before she would be executed but Mark planned and executed an escape for her and her young daughter. So she is a good source for information that should have been kept hidden, only she survived. On this interview she mentioned the Kennedy assassination and how the powers to be would not allow another president like JFK to be elected.The elder Bush and Dick Cheney invested in a company called “Diebold” and manufactured the first electronic voting machines. Cathy says they were rigged……..and am sure they still are. Cathy only knows the truth. Bush also said that if propaganda and mind control do not work to control the population, then they will have to decrease the population. Here is the video:
https://www.infowars.com/posts/breaking-exclusive-mk-ultra-victim-human-trafficking-survivor-responds-to-bombshell-epstein-revelations-confirming-elite-satanism-cannibalism-mass-murder/
Does anyone have a link to the ESC essays mentioned on M&M? Can’t find it using Google. Imagine that!
Was jeffrey Epstein the Father of Programmable Money?
https://solari.com/was-jeffrey-epstein-the-father-of-programmable-money/
Just found it through the links tab. Nice work.