Coming Clean Beyond the Fiscal Cliff

The Fiscal Cliff

[CAF Note: We originally published this article in January 2013. I wrote it over the Christmas holidays in 2012 because it was obvious that, despite enormous noise throughout the media, most people had not looked at the deeper issues in the US budget that presented obstacles to change.  We are now living through another period of high noise. The Presidential election represented a debate between those who wanted to keep the unipolar empire going and those who thought it was necessary to pull back to North America. If you listened to the President’s inauguration speech, Trump talked about withdrawing from the business of telling other countries what to do and putting our own house in order. What we all need to recognize is that the financial picture requires that we change – this is not just the current leadership. So, in the hopes it will help you cut through the noise and understand the challenges that the Administration and Congress face, I am republishing “Coming Clean Beyond the Fiscal Cliff.”  The reality is that the swamp is not just in DC – it extends from sea to shining sea. Overcoming the obstacles to real change requires all of us taking responsibility.]

by Catherine Austin Fitts

Ultimately, the fiscal cliff is the tip of the iceberg of our economic and cultural woes. Our problems are deeper. The more of us who are prepared to look honestly at our situation and take responsibility for it, the sooner authentic solutions will become possible and emerge.

As we look over the fiscal cliff into our financial abyss, now is a good time to “Come Clean” about the real state of our lives, our communities, and our economy, starting with the U.S. federal finances that flow deeply and intimately throughout every aspect of our lives.

This Solari Special Report includes (22) challenges we must address to put our federal fiscal house in order.

Read the complete article…

Related Reading:

Catherine Austin Fitts at the Secret Space Program Conference, 2014 San Mateo






  1. You mentioned “County Banks” I would like to know more since I am a County Treasurer and liked Ellen Brown’s Book “The Public Banking Solution.”

    • Robert:

      I am concerned that public banks would be able to use taxpayer credit to compete against community banks and put them out of business. I believe the ideal solution involves a system that makes the local banks and credit unions more competitive vs. the big banks. If you have a state bank that provides wholesale services to local banks and credit union, it could work. If you have government banks that offer retail services, you could slowly wipe out your existing local banks and credit unions.

      Important question is how to start with where you are locally and make your local financial infrastructure (public and private) more effective in delivering excellence in performance locally relative to large financial institutions.

      Just socializing credit can make matters worse.

  2. Hi Catherine and Team,

    When I click on the link on this page to read the Coming Clean article, I am sent to another login page different than the one to enter the Members Area, and putting in the info there does not work. In short, I am unable to access the Coming Clean article.

    • Colleen:

      In Phase I we only have 2017 and forward content. Everything else is in the Library which comes up in Phase II. I will ask our team if they can get this one moved up. Stay tuned…

      • Hi Catherine,
        Hope you are enjoying your time in Australia! Would have loved to have been there. When I asked above about not being able to access the ‘Coming Clean’ article, I was not clear about which ‘Coming Clean’ I was referring to. There was an audio/written seminar related to the topic of each of us taking responsibility on our Journey of ‘Coming Clean’. You provided a more ‘step by step guide’ or suggestions to provide practical steps Individuals can take in many areas of life. I found that information extremely helpful as a guide for myself as well as introducing to family and friends who are beginning their Journey, overwhelmed, unsure where to begin and ask for guidance.
        I understand the website is coming in phases, and you and the Team are extremely busy…and enjoying yourself in Australia.
        I just wanted to be clear with which ‘coming clean’ information I was referring to. Hopefully this can be posted at some point in the near future, understanding it may not be of top priority at this time. I hope this makes sense.
        Thank You and Solari Team for all you have done and continue to do. Much appreciated, Colleen

        • Colleen:

          You need the text presentation from the Library. We are working now to get all of the Solari Report interviews up first. Then I have Coming Clean on my list to pull up.

          Thanks for your patience!


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