The following is a must-watch interview with Catherine Austin Fitts, who gives an easy to understand big picture overview of the globalist agenda. She describes how they use many different systems like health, finance, migration, etc to gain global dominance.
“Catherine Austin Fitts (born 1950) is an American investment banker and former public officiall who served as managing director of Dillon, Read & Co. and as United States Assistant Secretary of Housing and Urban Development for Housing during the Presidency of George H.W. Bush. She has widely written and commented on the subject of public spending and has alleged several large scale instances of government fraud.” (Source: https://en.wikipedia.org/wiki/Catherine_Austin_Fitts )
This video is an interview with Catherine Austin Fitts and is 48 minutes long. James Arendt transcribed the first 20 minutes of the interview so you can read the text quickly to grasp the importance and insightfulness of what Ms. Fitts is saying.
My name is Catherine Austin Fitts. I’m the publisher of the Solari Report and managing director of Solari Investment Advisory Services.
Interviewer: And what do you think is happening economically as a result of all this?
Catherine Austin Fitts: So what is happening, I just published a huge study called the State of our Currencies, and what I describe is the fact that for many decades the dollar has been the reserve currency. And the system is what I would describe as long in the tooth (meaning getting old, often too old for a particular activity or purpose). And the central bankers are trying to bring in a new system but it’s not ready to go yet. And we’re in a period of great change and uncertainty where the central bankers are trying to keep the dollar system going and accelerate. So they’re trying to lengthen the dollar system and then they’re trying to accelerate bringing in the new system. And they have to bring in the new system without anybody quite realizing exactly what it is.
So we’ve had a global reserve currency system, the dollar, and it needs to evolve and change. And it’s long in the tooth. There’s lots of unhappiness with the system and the central bankers are trying to bring a new system. And to do it they’re trying to extend the old and accelerate the new. And it makes it a very chaotic thing since much of the new was being tested and tried and prototyped. And it involves many different industries.
So I describe the new system as the end of currencies. We’re not bringing in a new currency, we’re essentially bringing in a new transaction system that will be all digital and essentially end currencies as we know them. So what they’re trying to do is involves essentially all the money on the planet. So it’s big, it’s complicated, it’s messy, and the challenge they have is how do you market a system that if people understood it nobody would want? And of course, the way you do that is with a health care crisis.
Interviewer: And why is the health care crisis good for that?
Catherine Austin Fitts: Because generally if a few people want to control the many, the question is how can you herd all the sheep into the slaughterhouse without them realizing it and resisting? So the perfect thing is invisible enemies.
We had the war on terrorism, you know, with invisible terrorists. And then now a virus is perfect because it’s invisible. You can’t prove that it doesn’t exist because it’s invisible. So invisible enemies are always the preferred ones particularly if they scare people. If you can use fear and introduce significant fear, then people will need the government to protect them from the invisible enemy.
Then the second tactic which is very effective is divide and conquer. And so in the meantime, if you can use the media, the media plays a very important role. If you can turn men and women against each other, and Black and White against each other. And one of the reasons you import a lot of immigrants into Europe is turn the general population against the immigrants. And then you need the government to be in the middle. So these are all whether it’s divide and tactic, or invisible enemies, these are all ways to institute fear and get people to go along with things.
And of course, the invisible virus allows you to do enormous control mechanisms. You can stop people from gathering, you can stop people from organizing, you can stop people from getting together and talking about what’s going on, et cetera et cetera. And if you digitize it with contract tracing, then you can control who’s talking to whom. If you can get them to do all their work and education online, you can literally listen to everything they’re saying. So you can institute extraordinary amounts of surveillance all in the theory that we’re protecting you from the invisible virus.
It’s very clever. And as you can see it’s working with many people, not everybody but many people, to me a lot. And I don’t want to us underestimate the ability of the leadership to introduce pathogens that will kill people. And I don’t want to suggest that people aren’t getting sick, but essentially what you’re trying to do is you’re trying to get people to buy into a solution before they see where it’s ultimately going to go. Because you’re talking about a transaction system that is no longer a currency, it’s a control system.
It’s like the credit at the company store. If every central bank comes out with a digital central bank currency, they have the ability to turn your money on and off. So if you don’t behave, that’s it. And of course, as we know they want to combine this with transhumanism which means literally I take injections that can institute the equivalent of an operating system in my body. And so I’m hooked up to the financial system literally, physically.
Interviewer: What is the actual effect of the lockdown measures?
Catherine Austin Fitts: So what you’re doing is you’re trying to … I used to call the Patriot Act the concentration in control of cash flow act. And this is a very similar process. You’re trying to dramatically centralize economic and political control.
Let me give you an example. We have 100 small businesses on main street in a community. You declare them non-essential, shut them down. Suddenly Amazon and Walmart and the big box stores can come in and take away all the market share. In the meantime, the people on main street have to keep paying off their credit cards or their mortgage. So they’re in a debt entrapment and they’re desperate to get cash flow to cover basically their debts and their day-to-day expenses. In the meantime, you have the Federal Reserve institute a form of quantitative easing where they’re buying corporate bonds and the and the guys who are taking up the market share can basically finance at zero to one percent, or their bank scan at zero to one percent when everybody in main street is paying 16 to 70 percent of their credit cards without income. So basically now you’ve got them over a barrel and you can take away their market share. And generally, they can’t afford to do what they say because they’re too busy trying to find money to feed their kids.
In the 2016 election cycle, we saw the general population support candidates who represented populism in a variety of different ways. Bernie Sanders was a populist relative to the other candidates. Donald Trump was a populist relative to the other candidates. And literally, what the sort of global capital class realized was they had a problem that could be solved by destroying the independent income of small business and sole practitioners and people who had independent forms of income. If you’re a doctor, if you’re a lawyer, if you’re a CPA, and you have your own practice, you are generally gonna support the populist candidates. And so the way to shut the populist candidates down and just shut off their income and support which is you put main street out of business. And then there’s nobody to finance a Bernie Sanders or Donald Trump. There’s nobody to support him.
Interviewer: So do those the lockdown measures appear to be more of an economic thing than a virus mitigation plan?
Catherine Austin Fitts: So this is an economic war and you’ve basically had sort of the top one percent. Since April we’ve seen global billionaires increase their net worth by 27%. Now what that says is this has been a very successful global economic work because what you’re having is this sort of global capitalist class, and I shouldn’t call it capitalism because it’s not. It’s much more totalitarianism. It’s economic totalitarianism. What you’ve seen is they’ve been able to consolidate fantastic amounts of economic wealth not just by deleting the income of the middle class and consolidating it into their companies, but by significantly improving the wealth and power of the largest G7 developed countries and China vis-a-vis the emerging markets. So the countries with the most advanced technology and the access to AI and software, and to the sort of digital systems including through space, are dramatically consolidating economic power vis-a-vis the weaker nations. So we’re seeing a consolidation of economic power centralization both into the wealthier and the more powerful nations, the basically top one percent who control them.
So I would describe what Covid-19 is, it’s the institution of controls necessary to convert the planet from democratic process to technocracy. What we’re watching is a change in control and an engineering of new control systems. Think of this as a coup d’etat. It’s much more like a coup d’etat than a virus.
For 20 some years in the United States we’ve had a financial coup d’etat. And we knew in at the end of 1995, a decision was made to move much of the assets and money out of the country. That was part of sort of bubbling the global economy of globalization. And they knew that once they’d finished moving all those assets, that they would have to consolidate and change the fundamental system. So after the financial coup, you’ve stolen all the money in the pension funds, you’ve stolen all the money in the government. And now rather than turn and tell people, well, we stole your money, you need an excuse that will allow you to consolidate and change the fundamental system. And so you have a Magic Virus. And the Magic Virus is we have to fundamentally change the system. And thanks to the Magic Virus, there’s no money in Social Security. Thanks to the Magic Virus, there’s no money in the treasury. And you have your perfect magic excuse.
Interviewer: Everything can be blamed on the Magic Virus.
Catherine Austin Fitts: Yeah, the Magic Virus. It’s amazing because every implication of the financial coup has been magically solved by the Magic Virus! It’s crazy!
If you’re a financial person and you look at the world through the mathematics of time and money, it’s quite amazing that anybody believes it, but they do. It’s part of joining the what CJ Hopkins calls the convenient cult. You join the cult and you say oh yeah yeah yeah well the Magic Virus took all the money from Social Security, the Magic Virus caused our pension funds to not be sufficient blah blah blah blah blah.
Interviewer: So what do you think the technocracy that we’re being towards is gonna look like?
Catherine Austin Fitts: The technocracy that they’re pushing towards us is what is called transhumanism. So essentially what you do is you use injections to inject materials into the body that create the equivalent of an operating system. Everybody knows the idea of Microsoft causing you to download an operating system in your computer. That gives Microsoft and a variety of other players a back door into your computer. (Webmaster: That’s why I prefer to use GNU/Linux!) And every month or two or three you’ve got to update it because there are viruses, right? It’s back to the Magic Virus that can solve all problems. And so this is a similar system for your body. You inject materials into your body that essentially create the equivalent of an operating system and a receiver, and you can literally hook everybody up to the Cloud. And that includes hooking them up in a way that their transaction system, you know, the Bible calls it the Mark of the Beast — is one way people know this stuff — but you’re basically talking about being able to digitally identify and track people in connection with their financial transactions. So it’s a world of zero privacy.
But more importantly what’s important to understand is if you then institute one or more central bank cryptos, you’re now talking about a system where every central bank in the world can shut you off individually from transacting if they don’t like the way you’re behaving.
So many people are familiar with the social credit system in China, it’s very similar. If you install the smart grid in their car, their community, and now in literally in their body, you’ve got 24/7 surveillance. And if people don’t do what you say and behave the way you want, they can and will shut off your money.
And they’ll also have spatial control. If they say you can’t travel more than five miles, that’s it, because you’re in a complete digital control system, and it’s controlled by the central bankers through the money. We’re digitizing everything but it includes the human body as well and the human mind. So this system comes with complete control, not only of your ability to transact financially which is hooked up to your body but very sophisticated mind control technology through the media and those cloud connections. So basically you’re talking about hooking up into the “borg” (contraction for cybernetic organism) if you will. And so transhumanism and technocracy go hand in hand.
Now I would describe this as a slavery system. We’re talking about shifting out of freedom where we have freedom to roam and freedom to say what we want into a complete control system 24/7 including mind control. Now the challenge before us is, if the sort of the committee that runs the world, my nickname being Mr. Global, if Mr. Global wants to go to a slavery system, and we want to remain a human civilization, then we have a fundamental disagreement. And that is the disagreement before us.
Interviewer: And we get to the diagrams here.
Catherine Austin Fitts: Okay, so if you look at what’s going on, we have the tech people building the clouds and the telecommunications, we have the military doing space and operation warp speed. So they’re putting up the satellites, okay, then we have big pharma which is making the injections that are full of these mystery ingredients and change and modify your DNA, and for all we know to make you infertile. And then we have the media pouring out the propaganda. And then we have the central bankers engineering the crypto, the central bank cryptosystems. So you have these different pillars and it’s very important when you look at what’s going on day to day, particularly in the media. They’re trying to keep them separate so that you can’t see how they’re going to come together in an integrated system which is basically integrated into your body and your mind.
Interviewer: For what purpose?
Catherine Austin Fitts: To institute the slavery system. So in other words, if I am going to do everything through a smart grid and I need to run the smart grid into your neighborhood, and then I need to run the smart grid into your body, the question is how am I going to build it out in your neighborhood and build it on your body without you seeing the trap, right? So that’s why you try and keep these different lines separate.
So if you listen to the central bankers, they try as hard as they can to stay away from these conversations. So it was interesting, I was watching an IMF presentation on cross-border payments, and the Federal Reserve chairman, the head of the IMF mentioned the digital global ID system. And the Federal Reserve chairman almost blanched! You could energetically feel him moving like a galaxy away like, “no no no no”! Because they’re 325 million Americans, and they’re more than 325 million guns, and he doesn’t want everybody to see this until the trap is thrown and it’s too late.
Interviewer: We’ve been put in a trap this year?
Catherine Austin Fitts: Yes right, but the door hasn’t shut. So that’s why the reason we’re talking is because transparency can blow the game.
It’s interesting because in the beginning of the year when I wrote the article Injection Fraud and said Bill Gates is trying to download an operating system in your body just the way you download it your mind, and use the virus as an excuse to have to update it to to make it work for his back door every day, three months later (James) Corbett did a great series on Gates, and several people came out and sort of reaffirmed this. And it was in the Fall Yahoo Finance did a poll and published a poll saying that 44 of Republicans thought Bill Gates wanted to chip them, and I said, “okay we’re making progress!” (Laughs) So and that’s exactly when Gates sort of disappeared. And they brought out operation warp speed because they needed, and interestingly enough, the person they chose to run operation warp speed was an expert on injectable brain-machine interface. He used to head research at GlaxoSmithKline (a British multinational pharmaceutical company) and he’s a brain-machine interface expert.
Interviewer: A creepy resume for that job huh?
Catherine Austin Fitts: It’s a perfect resume for that job.
Here’s one of the most important developments that happened in 2019. In addition to the approval of the going direct plan by the central bankers in Jackson Hall was the issuance by the Department of Defence of the JEDI Cloud contract to Microsoft. So you had Amazon receive … Amazon is essentially a CIA
intelligence agency contractor. They started showing a random profit when they entered into major contracts with the CIA to provide the clouds not only for the CIA but all 17 U.S Intelligence agencies through that umbrella cloud contract. So you now have Amazon running the intelligence agencies contract this year. Latos did a big contract or at the end of 2019 Latos did a big contract with the Navy and then DOD did the JEDI contract. (The Joint Enterprise Defense Infrastructure (JEDI) contract is a large United States Department of Defense cloud computing contract which has been reported as being worth $10 billion.)
And so those three huge cloud contracts give you the ability once you get everybody hooked up into them to radically re-engineer how the cash flows work. So you can literally shut down all small businesses, or almost all small businesses, put everybody in a universal basic income which is basically a control system, and run it all through the military clouds.
Interviewer: So you can see the direction we’re headed but it’s a little uncertain as to why or?
Catherine Austin Fitts: No, it’s simple. Technology gives you the ability to institute a complete control system and further centralize economic and political control. I’ll give you a perfect example. The reason the African-American slave trade ended … there were two reasons in my opinion. One is you couldn’t perfect collateral. So the banks in London kept losing money because the plantation owners when the commodities market went down would sell their slaves west, and the banks couldn’t go get their collateral. So they would finance the purchase of a slave and say 50 loan to value ratio, and then when the commodities markets down they’d sell the slaves and say they ran away, and the banks would be hung, right? And the banks couldn’t prove that you know, Harry was their slave because they had no way of perfecting collateral.
Okay, so that was number one. The second was the Haitians rebelled and the Europeans sent several armies in to try and quell the rebellion and never could. The Haitians were too good. Okay, now if you look at digital technology, you can perfect the collateral. And with space weaponry and the kind of weaponry you have from space and surveillance, you can put down any rebellion, right? So the reason that the slave trade was unbelievably profitable, the history of the world is slavery, is the most profitable business. It’s more profitable than mining, it’s more profitable than narcotics, I mean it’s more profitable than all the addictions. So if you now have the technological capability of implementing slavery, their attitude I think is, “okay, let’s do it”, right? And part of it is technology also makes it much easier for a small group of people to get together and be very powerful. So for example, if they bring in breakthrough energy technology, the danger is a small group of crazy people can weaponize it. So technology is powerful. The more powerful technology you integrate, the more danger there is you lose control.
Now there are other theories as to why people would want complete control. I’ll give you another reason. Given the difficulty of feeding and managing a population that’s getting ever larger, if you now have biotechnology that allows Mr. Global to live for 150 years, you can’t afford, you can’t keep that secret, right? If the wealthier lives for 150 years and we’re not, you can’t keep that a secret. So why not downsize the population, integrate robots, use robotics for everything, and you can have a very wealthy and luxurious life without all the management headaches, right?
Interviewer: So the kind of breaking of society into different classes or into an Uber class in a vast peasantry mixed with robotics?
Catherine Austin Fitts: Yes, yeah, in other words, what I think what’s trying to happen here is Mr. Global is using technology to move to a system where between robotics AI and software a few people can control the many with far less headaches and fear. You have to remember Mr. Global is very very afraid of the general population.
Interviewer: Their fear.
Catherine Austin Fitts: Yeah, they’re very afraid because if you’ve been keeping … several times I’m told the leadership in the United States has gotten together to discuss how can we undo the secrecy. And each time they come to the conclusion it’s impossible. You can’t undo the secrecy because the liabilities are too enormous. So if you’re the Swamp and you’re guilty of all the different things the Swamp is guilty of, and you try and open the window on the secrecy you run tremendous risks, tremendous risks. So you’re afraid of the general population and the history of governance is the general population occasionally does turn and kill the leadership. So the 325 million people in America, they’re more guns. So my guess the reason Jay Powell was backpedaling when the head of the IMF was talking about digital identities is he’s sitting there knowing he’s got 325 million people and more and a lot of them have guns, and they don’t have a lockdown yet.
This is why the Second Amendment is such a fractious issue. Most people around the world don’t understand why people in America are so rabid about owning guns, and the first reason they’re rabid about owning guns is they don’t understand the power of mind control. So if I can institute total mind control which is what the system is, guns aren’t that dangerous to me. But the leadership to do what they want to do, it would be very very convenient if they could bring in the guns. And you’ll see if the Democrats win this election that’s the first thing they’re gonna try and do. After making everybody wear face diapers they’re gonna they’re gonna try and bring in the guns. And this is why the Republicans holding the Senate has been such a big issue because they can’t do it if the Republicans hold the Senate.
Interviewer: The election is such a mess, huh?
Catherine Austin Fitts: So here’s the thing, when I try and tell everybody, because I grew up in Philadelphia, and my first boyfriend’s father was a ward leader who used to go out with a roll of cash and buy all the votes every election. So there’s an old tradition in America of voting fraud, and what I tell everybody is neither one of these candidates would have been the candidate without the voting fraud to begin with. So we’re in a funny position. But I’ve never seen the voting fraud as blatant. And I think to a certain extent it’s interesting they could not have stopped a Trump landslide without Coved-19. So one question I have is how much of the … because I thought they would do this after the election, how much of the timing of the health care op is basically designed to make sure they don’t get a populist president? Not that Trump isn’t … it’s hard for me to think of Donald Trump as a populist because he’s very much on board for the pro-centralization team, but he’s as Michael Moore has said, he’s the American people’s way of saying F.U. to the leadership. So I think it was very important to them to get rid of Trump which they’re trying to do. The problem is they’ve used massive voter fraud to do it, but they’ve used the fraud in a way that it’s obvious that the fraud is off the charts, and it’s almost as though they’re turning to the population which they’re trying to turn into a cult and saying you have to pretend this guy is the President even though you know he’s not. (Laughs) So we have a fake virus and a Magic Virus and a fake president and a magic political system and it’s really is getting very cult-like. It’s the only thing I can say.
Interviewer: yeah it’s almost like a switch is flicked this year and we’re in bizarro world, right?
Catherine Austin Fitts: We’ve been in a bizarre world from the minute they started to steal the money we moved into a bizarre world.
(End of transcript of 28 minutes of the 48-minute interview.)
More text may be added later. Hopefully, this excerpt will lead you to listen to the entire talk.