By Catherine Austin Fitts
Sometimes I have a profound sense of being ignored.
Actually, I am not being ignored. Rather, I live among caring, well educated Americans with a profound desire to NOT fathom the reality in which we live.
I empathize. I shared the same desire once upon a time. I was forced by circumstances to want to know. Once you leave a limited picture of reality behind, there is no turning back.
I know many fine people who do not want to know. I remember one colleague who asked me to explain why I knew the economy was going to slow burn. I started to explain the control mechanisms that are the backbone of the matrix that manages the slow burn. He quickly said, “Stop. I don’t want to know. If I listen to this, I will lose my hope and faith. I will give up.” He continued to predict the future based on his “official reality” which, of course, did not work out very well.
So I continued to predict that the US economy would not collapse, but rather slow burn by harvesting a vast variety of constituencies using a complex array of invisible, unspoken control files and mechanisms.
I know numerous colleagues who did not believe me about the extent of the collateral fraud, even with $27 trillion of bailouts, more than 3 multiples of what it would cost to extinguish all residential mortgages.
I long gave up trying to explain to anyone other than my subscribers the extent of the digital surveillance by public and private intelligence agencies. Only Mr Global’s air cover for Edward Snowden and Glen Greenwald’s detailed description made it socially acceptable to engage in open discussion. Even then I discovered it was difficult for many people to fathom what could be done without paying humans to do the surveillance – with digital systems, relational databases interconnected across thousands of platforms, and artificial intelligence.
Invisible technology and weaponry is indeed hard to fathom, particularly for people who can not fathom why someone would want to do such things to another human being.
Each day I read another financial commentator who says that markets are ignoring “the fundamentals.” Except their notion of the fundamentals is based on a socially respectable, limited “official reality.” If I encourage them to integrate an analysis of the black budget and the “breakaway civilization,” they refuse to “go there.” They are stuck, growing ever more cynical.
It’s like getting emotionally involved in the US Presidential campaigns. Why would any educated person think that the President runs the country?
So I was not surprised to read the recent discussion of the changes to Dodd-Frank as part of the federal budget deal to protect the large bank derivatives positions.
The discussion goes something like this. Jamie Dimon, CEO of JP Morgan, is BAD. He is managing MASSIVE derivatives positions to make money for JP Morgan and private investors. He is sticking the risk to the US government. And he gets HUGE and HIDEOUS bonuses to do so. This is a CORRUPT AND BAD banking system.
In fact, Jamie Dimon is responsible to oversee line management for the single most mission critical financial bureaucracy of the NATIONAL SECURITY STATE. JP Morgan is managing lead depository roles for hundreds, if not thousands, of global national, state and local sovereign governments, including the US federal government. In addition, JP Morgan is managing cash and trillions in transactions for hundreds of thousands, if not millions, of global financial institutions and businesses. JP Morgan is no more a private entity than the US interstate system, the Missisissipi River and the global sea lanes. It is arguably the premiere financial infrastructure backbone in the world.
One of JP Morgan’s most sensitive roles is as agent of the New York Fed as the manager of the Exchange Stabilization Fund (ESF) which the New York Fed manages on behalf of the Secretary of the Treasury. My guess is that most, if not all, of JP Morgan’s derivative positions are managed on behalf of the ESF. The manipulation of the oil price, the gold price, interest rates, these are state sponsored policies and goals – or at least of the shadow government that also runs the government. Which, of course, owns JP Morgan who owns a % of the NY Fed.
So while the Secretary of the Treasury is having Dimon manipulate the oil price down by 50% to press Russia and OPEC to the wall in support of our national security agenda, Senator Warren is trying to make it impossible for him to do so on the theory that this is what is in the interest of American citizens.
Who speaks for the American people? The US Secretary of Treasury or Senator Warren (who was on the Harvard Law School payroll serving the Harvard Corporation which serves as a key part of the shadow government.)?
Which raises the question, what will happen to American citizens if the ESF is no longer able to implement national security objectives?
Of course, the President and Jamie Daimon can not point such things out to Senator Warren. They are paid to simply take the flak and keep everyone in the dark about how the system really works. Efficiency demands secrecy.
Which is fine for most people. They just want the system to work and for their kids to go to Harvard and get jobs with JP Morgan Chase.
You can laugh at them for doing so, but from where I sit it looks like they are far from the only folks pretending something.
