The Policy Pendulum Swings for a New Round of Profits

By Catherine Austin Fitts

WHO engineered the skyrocketing incarceration rate in the United States? You can learn a lot about WHO did it in my on line book Dillon, Read & Co. Inc & the Aristocracy of Stock Profits.

Indeed, they were the same crew that engineered the housing bubble.

And now, as the need for budget cuts grow, the very same people are promoting “solutions.” Check out the list of advisory board members at The Hamilton Project who have just issued a study regarding incarceration.

This means now that millions of Americans have been successfully cleared off the land with narcotics trafficking, the War on Drugs and fraudulent inducement in the mortgage market and institutional investors have taken significant positions in real estate and new technology with capital provided by taxpayers fleeced by bailouts, they are ready to reengineer places for a new round of profits.

For my former colleagues at Brookings, it is worth contemplating what is happening in our culture and economy at the deepest level – something Carl Jung spoke to many years ago:

Karma Means You Don’t Get Away With Anything

Real solutions start with transparency about where we are and how we got here, rather than having our pockets picked as Mr. Global swings the policy pendulum back and forth in the great game of pumping and dumping people and places.

Related Reading:

The Hamilton Project

Punitive Damages