Re: Social Economic Treatise by C.A.Fitts

On Feb 29, 11:40 am, whistler <whistler...@xxxxxxxxxxx> wrote:
Dillon Read & Co. Inc. & the Aristocracy of Stock Profits
by Catherine Austin Fitts

http://www.dunwalke.com/introduction.htm

I made the decision to write "Dillon, Read & Co. Inc. and the
Aristocracy of Stock Profits" in the middle of a vegetable garden in
Montana during the summer of 2005. I had come to Montana to develop a
venture capital model to support a healthier, fresher local food
supply. If we want clean water, fresh food, sustainable
infrastructure, and healthy communities, we are going to have to
finance and govern these resources ourselves. We cannot invest in the
stocks and bonds of large corporations, banks and governments that are
harming our food, water, environment and all living things and then
expect these resources to be available when we need them.

Surviving and thriving as a free people depends on creating and
transacting with currencies and Introductioninvestments other than
those printed and manipulated by Wall Street and Washington to the
eventual end of our rights and assets.

What I found in Montana, however, was what I have found in communities
all across America. We are so financially entangled in the federal
government and large corporations and banks that we cannot see our
complicity in everything we say we abhor. Our social networks are so
interwoven with the institutional leadership -- government officials,
bankers, lawyers, professors, foundation heads, corporate executives,
investors, fellow alumni -- that we dare not hold our own families,
friends, colleagues and neighbors accountable for our very real
financial and operational complicity. While we hate "the system," we
keep honoring and supporting the people and institutions that are
implementing the system when we interact and transact with them in our
day-to-day lives. Enjoying the financial benefits and other perks that
come from that intimate support ensures our continued complicity and
contribution to fueling that which we say we hate.

Standing among the beautiful vegetables and flowers that Montana
summer day, I was facing the futility of trying to craft investment
solutions without some basic consensus about the economic tapeworm
that is killing us and all living things -- while we blindly feed the
worm. In a world of economic warfare, we have to see the strategy
behind each play in the game. We have to see the economic tapeworm and
how it works parasitically in our lives. A tapeworm injects chemicals
into a host that causes the host to crave what is good for the
tapeworm. In America, we despair over our deterioration, but we crave
the next injection of chemicals from the tapeworm. ..............snip












After ..........snip......
next installment :
With this in mind, I decided to write "Dillon Read & Co Inc. and the
Aristocracy of Stock Profits" as a case study designed to help
illuminate the deeper system. It details the story of two teams with
two competing visions for America. The first was a vision shared by my
old firm on Wall Street -- Dillon Read -- and the Clinton Administration
with the full support of a bipartisan Congress. In this vision,
America's aristocracy makes money by ensnaring our youth in a pincer
movement of drugs and prisons and wins middle class support for these
policies through a steady and growing stream of government funding and
contracts for War on Drugs activities at federal, state and local
levels. This consensus is made all the more powerful by the gush of
growing debt and derivatives used to bubble the housing and mortgage
markets, manipulate the stock and precious metals markets and finance
trillions missing from the US government in the largest pump and dump
in history -- the pump and dump of the entire American economy. This is
more than a process designed to wipe out the middle class. This is
genocide -- a much more subtle and lethal version than ever before
perpetrated by the scoundrels of our history texts.
.

Relevant Pages

  • Social Economic Treatise by C.A.Fitts
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    (alt.gathering.rainbow)
  • Re: Warren Buffett thinks the rich should pay more taxes
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