Note: the missing $20 trillion does not refer to the national debt.
by Jon Rappoport
April 24, 2018
Alert to pension fund managers all over the planet—and to everyone else—
“If 1,000 US and global pension fund managers start asking questions it could change everything – like stopping a nuclear war.”
That’s a statement from former US Assistant Secretary of Housing and Urban Development, and now president of Solari, Inc., Catherine Austin Fitts, who is a financial analyst like no other in our time.
Among other feats, she has identified a giant sucking black hole in the US government. And what has disappeared down that hole is money. Over the years, at least $20 trillion.
Unaccounted for.
Gone.
If you’re a pension fund manager, stop reading this article and immediately switch over to Fitts’ article, “The State of Our Pension Funds.”
You could begin to see a blinding light that changes your mind and changes your approach to the staggering debt your fund is dealing with. And in the process, you could help lead the way to a peaceful revolution. A far-reaching revolution, in which wide-ranging prosperity, not doom, sits up the road.
As for everyone else, here are a few of Fitts’ quotes from her mind-repairing article:
“So what is the problem? If it’s not a problem for $21 trillion to go missing from DOD and HUD, and, [if] it’s possible [for the government] to come up with more than $20[plus] trillion to give or loan to the banks [in a bailout] — when there is no legal obligation to do so, and, when we [the government] can transfer trillions of the most valuable technology in the world to private corporations at zero cost to them and [at] great cost to the taxpayers, [then] I assure you that fixing whatever pension fund problem there is, is not difficult. However, the political will must exist and want to. That is the problem.”
“If we can print money to give $20 trillion [plus] to the banks, and, [if we can] let $21 trillion go missing from the federal government, [then] why is it a problem to print $5 trillion to fund the pension funds?”
Failing pension funds are on the hook for $5 trillion, and the federal government has no answer? Well, that is a supreme con job, because, as Fitts points out, the government is playing far larger money games without a shred of concern.
And this is just the beginning of the rabbit hole Fitts has been traveling for the past several decades. Here is her basic position: Prosperity for the many, not the few, is eminently possible and doable.
Starting from that premise, and deploying her relentless skills as an analyst, she has discovered the strategies the government and mega-corporations have been deploying to undermine and torpedo an economically healthy society.
Finding and illuminating these strategies was not her basic intent. Her basic intent was lifting all boats for the citizenry. In pursuing that course, she came upon the secret obstructions.
And because her desire to help people did not waver in the slightest, she didn’t turn away. She exposed the obstructions. She continues to do so.
She writes: “Family wealth has the distinct advantage of returning control of investment decisions to individuals. However, this is hardly what the US establishment wants.”
“Our planetary governance and financial system currently operates significantly outside of the law. Whether the cost of war, organized crime, corruption, environmental damage, suppression of technology or secrecy, this lawlessness – and the lawlessness it encourages in the general population – represents a heavy and expensive drag on all aspects of our society, our economy and our landscape.”
Fitts cites an example of corporate choices in this lunatic money scam—General Electric: “By some estimates, its pension fund is underfunded to the tune of $31 billion. However, during the time its pension fund became so underfunded, GE spent $45 billion to buy back its publicly traded common stock. The needed funds were there at one point; it’s just that the leadership of the company decided to funnel it into stockholders’ hands rather than to the pensions of the employees who helped build the company.”
Do you have a pension fund manager? Do you know a pension fund manager? Link them to Fitts’ article. It’s long past the time when they can sit back and moan about the trouble they’re in. They need to learn about the underlying forces at work. (And if they’re a conscious part of the problem, let them learn that their game is exposed.)
Look around you. Money is everywhere. Titanic piles of it are flowing. The question is, to whom is it flowing, and how, and why? Within the current system, there are designated winners and losers. This has to do with criminal controllers posing as benefactors. They steer the money ship. They dump shipments of money at certain favored ports and keep shipments from reaching many other ports.
I know there are people out there who will say, “It’s all about the illegal Federal Reserve and the transnational bankers.” That’s like saying the drug problem is all about the Mexican cartels—but then, digging further, you also come across the expanding opium poppy fields in Afghanistan, the hands-off collusion in Chicago that permits the city to act as a primary hub for drug distribution in the US, the pharmaceutical companies that traffic millions of opioid pills to dealers, and the 2016 law that strangled DEA efforts to bust those companies.
The devil is in the details, and Fitts has uncovered an astonishing number of them.
I first came across her work about ten years ago, when we spoke several times about her specific method enabling local communities to discover money flows—the sources of money coming into their towns and cities, and the destinations of money going out. This brilliant tool would give communities the power to see exactly how money was impoverishing them, rather than enriching them. In an effort to make that tool widely available, thus pointing the way for communities to change those flows and foster local prosperity, Fitts ran into legal trouble with the federal government—and “trouble” is a vast understatement.
She emerged, after a long battle, with her primary goals securely intact.
She has answers and solutions.
Answers that are vital for our time.
Fitts was once an insider and had a front row seat at the money circus. Now, her ongoing enterprise is solari.com. I highly recommend it to you.
(To read about Jon’s mega-collection, The Matrix Revealed, click here.)
Jon Rappoport
The author of three explosive collections, THE MATRIX REVEALED, EXIT FROM THE MATRIX, and POWER OUTSIDE THE MATRIX, Jon was a candidate for a US Congressional seat in the 29th District of California. He maintains a consulting practice for private clients, the purpose of which is the expansion of personal creative power. Nominated for a Pulitzer Prize, he has worked as an investigative reporter for 30 years, writing articles on politics, medicine, and health for CBS Healthwatch, LA Weekly, Spin Magazine, Stern, and other newspapers and magazines in the US and Europe. Jon has delivered lectures and seminars on global politics, health, logic, and creative power to audiences around the world. You can sign up for his free NoMoreFakeNews emails here or his free OutsideTheRealityMachine emails here.
““So what is the problem? If it’s not a problem for $21 trillion to go missing from DOD and HUD and it is possible [for the government] to come up with more than $20[plus] trillion to give or loan to the banks [in a bailout] when there is no legal obligation to do so and when we [the government] can transfer trillions of the most valuable technology in the world to private corporations at zero cost to them and great cost to the taxpayers, I assure you that fixing whatever pension fund problem there is, is not difficult. However, the political will must exist and want to. That is the problem.”
This by itself is GOLD !!!
Reblogged this on amnesiaclinic and commented:
Ask the questions of your pension fund manager and keep asking.
The Pension heist is a looting of private pensions by the CORPORATE CLASS not government.
“No one disputes that there’s a retirement crisis, but the crisis was no demographic accident. It was manufactured by an alliance of two groups: top executives and their facilitators in the retirement industry – benefits consultants, insurance companies, and banks – all of whom played a huge and hidden role in the death spiral of American pensions and benefits.
Yet, unlike the banking industry, which was rightly blamed for the subprime mortgage crisis, the masterminds responsible for the retirement crisis have walked away blame-free.”
…
these were pensions mostly paid for bby employees themselves
“But despite the rules protecting pension funds, US companies siphoned billions of dollars in assets from their pension plans. Many, like Verizon, used the assets to finance downsizings, offering departing employees additional pension payouts in lieu of cash severance. Others, like GE, sold pension surpluses in restructuring deals, indirectly converting pension assets into cash.
To replenish the surplus assets in their pension piggy banks, companies cut benefits. Initially, employees didn’t question why companies with multibillion-dollar pension surpluses were cutting pensions that weren’t costing them anything, because no one noticed their pensions were being cut. Employers used actuarial sleight of hand to disguise the cuts, typically by changing the traditional pensions to seemingly simple “cash balance” pension plans, which superficially resembled 401(k)s.”
read the rest at:
http://psc-cuny.org/clarion/march-2012/how-business-elites-looted-private-sector-pensions
The corporate class in the US is THE PROBLEM. The Fortune 500 companies that use the government as a cash cow, and get legislation written to benefit them.
PUBLIC corporations are THE PROBLEM.
it was the companies and the teamsters that took my pension- a collusion called Central States Southeast and Southwest
I believe the possessive case of the name Fitts is Fitts’s, not Fitts’. The improper punctuation implies that her name is Fitt, that there is more than one of her (plural Fitts) and that all those Fitt women possess something. Punctuation conveys meaning, but only to readers who can properly punctuate. To everybody else (the vast majority), proper punctuation is indistinguishable from grunts and hand waving.
Further clarification: had her name been Smith, Smith’ would not have been the correctly written possessive case.
On the other hand, it wouldn’t surprise me a bit to find out they changed the rules (to render us less articulate) while I wasn’t looking.
Care must be taken when making names that end in s possessive. For instance, if talking about a pen belonging to Mr. Hastings, many people would wrongly write Mr. Hasting’s pen (his name is not Mr. Hasting).
Correct: Mr. Hastings’ pen
Another widely used technique is to write the word as we would speak it. For example, since most people saying “Mr. Hastings’ pen” would not pronounce an added s, we would write Mr. Hastings’ pen with no added s. But most people would pronounce an added s in “Jones’s,” so we’d write it as we say it: Mr. Jones’s golf clubs. This method explains the punctuation of for goodness’ sake.
https://www.grammarbook.com/punctuation/apostro.asp
And by the way, if there were multiple people named Fitts, they would be the Fittses (plural). If those people possessed something, the possessive plural would be written Fittses’. It’s actually easy to learn these rules, but exceedingly few even try.
The government “can’t find” $20 trillion, while pension funds are tanking”
Well, I have the same problem, I can not remember where I have hidden my $20 trillion in my house. I have for years, been looking everywhere and still could not find it.
So what! Who cares?
By the time people will be old enough to get their pension funds, they will all be Alzheimer. thanks to the Chemtrails spraying aluminium. all over the world. They won’t even remember to ask for their pension funds, or they will be long dead thanks to the vaccines and GMOs
Aren’t the Basterd smarts? They have figured this out a long time ago
Riddle me this batman?? If these so called evil tyrants are out there spraying these chemtrails, GMO’s added to foods, etc.etc….will this not also eliminate the evil tyrants in the same process? This is flawed logic…
Catherine Austin Fitts has helped open my eyes from the moment I first heard her explanation of the “tapeworm economy” — a courageous and inspiring woman with more common sense in her pinky finger than the dozens of “experts” paraded through the MSM.
Probably the $20T has been spent on secret alien technology like Moon and Mars bases and fly saucer type spacecraft. Area 51 etc…
Reblogged this on John Barleycorn and commented:
Easy to be generous with other people’s money.
All should read “Retirement Heist” by Ellen Schultz. It is such a downer to realize how evil and greedy the corporate CEO’s are to fatten their profits and their bonuses.
They will balance the budgetary loss easily. Already the CIA has installed jihad camps across the US and are handled to attack targets to bring martial law, upon said attacks martial law will be declared and door to door seizure of guns will be carried out, then and then only will the crash be produced and a new currency issued giving holders of old dollars some 10% and bank accounts will be taken when they have more than 200k, Social Security will be greatly reduced or eliminated, why you say will they do this, because they planned it that way, the elites stole the money they think fair and square and refuse to be caught, martial will be brought in to insure the 200 million Americans cannot do much but get shot if they raise a a rukus, for they will learn quickly they have been had and fleeced.
Look for it in Tel Aviv.
Check for the missing cash at the Clinton Foundation! Or Hillary’s purse! LOL!
I know where the missing trillion is. It’s in Israel.
Don’t worry. The Train is Fine. There is a “brilliant plan” to replace these funds with itinerant illiterates with zero job skills from the Third World who pay no taxes and only cost several hundred Billions of taxpayer dollars per year. The plan is the brainchild of S.O. Baldrick and is under the management of E. Blackadder LLC.
Let’s be honest , Opus Dei ,knights of Malta and most Jesuit controlled organizations are the true culprits of decay of the world . I almost forgot your papal court Jews , These organizations are the enemies of Christ.