**CAF Note: I am always amazed when someone complains to me that “no one warned us” as, of course, I spent a great deal of time and millions of dollars in an attempt to warn as many people as possible. Indeed, it is often people I warned and who did not act on my warnings that now complain to me that “no one” warned them. I find it mystifying, so I particularly appreciate some feedback that indicates the message did indeed get through.**
By Anti-Democracy Activist
I remember back in perhaps 2003 or 2004 listening to Coast to Coast AM – the old Art Bell show, the one that runs in the middle of the night and talks about alien abductions and Bigfoot – and listening to a lady economist explain to the host how the entire US economy was based on massive securities fraud and how the whole thing was going to come tumbling down sooner rather than later. Her name was Catherine Austin Fitts, and she was on that show because nobody else in the media would listen to what she had to say or give her a platform with which to say it. Not CBS/NBC/ABC, not CNN, not CNBC, not Bloomberg – just the midnight alien abduction people.
Plenty of people saw the 2008 crash coming, and tried to warn people any way they could. They were roundly ignored because nobody wanted to hear it. Now the people who didn’t see it coming pretend that it was impossible to predict. That the whole field failed instead of the truth – that they themselves failed.
That it isn’t Fitts who has a Nobel Prize and Krugman who’s sandwiched between Area 51 and the Loch Ness Monster is an outrage.
