We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Monday, January 21, 2013

Coming Clean Beyond the Fiscal Cliff.

Click here to access article by Catherine Austin Fitts from Solari Report

This is a very complicated piece that is important because of the scarce information that the author provides about the inner workings of our government. She is highly qualified in that she served as an officer in an earlier elite investment bank (Dillon Read & Co.) and in a number of important federal government offices. She knows whereof she writes. 

The article is complicated in its structure which is introduced by an allegory that represents the mind-numbing reality that she goes into in more detail in her 22 Challenges. Several of the "Challenges" sections provide links to other articles which contain links, etc., mostly to articles she has written in the past about issues related to this theme of a government in financial disarray. Thus, a few times I found myself lost in the labyrinth of links. 

Some parts seem rather rough like a first draft, but other parts provide some real gems of insights as to the chaotic state of our their (the One Percent's) government's financial affairs. It is a story of secret black budgets, missing inventories, illegal operations, pilfered Social Security funds, outrageous accounting practices, etc. 

If you thought the accounting practices of Enron and Worldcom were bad, you may need to take an anti-depressant pill to handle this article. It is a mind-boggling story of the fleecing of America to enrich the One Percent and to build their world Empire, and the ruins of a nation in which we now live.

I recommend especially the first six "challenges" and the other sections related to economic matters which she is very qualified to write about.