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Original: http://scoop.co.nz/stories/HL0304/S00228.htm
Link here: http://blog.lege.net/content/Mapping_the_Real_Deal__The_American_Tapeworm__Part_1.html
Mapping the Real Deal: The American Tapeworm
Wednesday, 30 April 2003, 12:56 pm
Column: Catherine Austin Fitts
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Mapping the Real Deal:
The
American Tapeworm (Part 1)
By Catherine Austin
Fitts
“And the serpent's
food shall be earth”
--- Isaiah
65:25
See also Part 2...Mapping The Real Deal: The Solari Solution
*********** A Tapeworm’s
Triumph
The other day, a natural healing
practitioner explained the strategy used by a tapeworm to
prosper. A tapeworm, she said, injected a chemical into its
host that triggered a craving by the host for what the
tapeworm wished for its dinner. By managing it’s hosts
desire, a tapeworm manipulated its host to set aside
self-interest and please its parasite. And so the tapeworm
proceeded to consume its host’s energy and health, with the
host doing most of the work.
The story of how a tapeworm
parasitically eats away at its ecosystem came at a moment
when the math lover in me was having an adverse reaction to
the description of America as the new Roman Empire that
seems to be inspired by the recent occupation of Iraq. The
investment economics of American imperial conquest work more
along the lines of the tapeworm than of the Romans.
If my
rudimentary understanding of the rise and fall of ancient
empires is useful, the Roman Empire brought an advancement
of science, infrastructure, technology and material progress
to many of the poorer lands that it conquered. In essence,
Rome’s territory grew in part from its ability to increase
the ‘return on investment” of many of the places it
conquered.
While those who believe in self-determination
may not approve of the Romans right to do so, or their
methods, those of us who appreciate roads, bridges and
infrastructure understand the positive investment yields
that the introduction of intellectual capital to a place can
generate. From one point of view, Rome financed its
conquests not just by ransacking them --- but by making
places smarter in the material sense.
The tapeworm -- a
parasite that over time eats its host ---can more accurately
describe the demonic patterns of stripping places of
intellectual capital that come with American imperial
conquest. The “dumbing down” so often complained about
within America’s borders is a phenomenon that our military
appears to be implementing globally. We seem intent on
removing spiritual power and intellectual IQ as we
depopulate globally, moving out the honest and competent and
putting the corrupt and bureaucratic in charge.
One of the
things that is most disturbing about the American tapeworm
is that it has organized its leadership around private banks
and defense contractors and its governance and intellectual
air cover around think tanks and private universities and
their tax-exempt endowments.
In so doing it has done a
marvelous job of getting the intellectual resources of the
nation disengaged from dealing with what is happening and
engaged –if not financially dependent on--- producing
chemicals for injection into the body politic through a
highly centralized corporate media that will feed the
tapeworm's desire.
The Harvard Watch reports description
of Harvard academics creating the public policy
justifications for Enron's frauds while the Harvard
endowment fed at the trough illuminated a perfect example of
how the tapeworm gets the host to act against its own
self-interest.
*********** The “Break It-Fix
It” Subsidy of a Negative Return on Investment
Economy
For several years, I have been
studying and writing on the corporate and banking economic
warfare model of globalization. Just from a case study of
one private investor, Pug Winokur, and his investments in
and with DynCorp, Enron and Harvard, examples
abound.
- US neighborhoods are overrun
with narcotics trafficking and HUD financial fraud while
systematically worked by enforcement, seizure and War on
Drugs teams supported by DynCorp and generating profits for
the Harvard Endowment; - Latin American pipelines, water
and other assets are sold for significant discounts to
market value to Enron and other multinational investors
while DynCorp helps War on Drugs military teams move
peasants off the lands;
- Russian banks and pension funds
are emptied out by organized crime and laundered through NY
Fed member banks while Harvard as financial advisor helps
privatize Russian oil companies over to their endowment
investment network;
- DynCorp personnel supplying police
and aircraft maintenance are active with local mafia in
Eastern Europe and practice buying and selling children as
slaves which they use for sex;
- $3.3 trillion is missing
from the Department of Defense and the Department of Housing
Development where Lockheed, DynCorp & AMS are active
managing computer systems and Harvard supplies appointees
and contract services.
- Manipulation of the gold markets
by the US Treasury and NY Fed member banks are led by Larry
Summers, Secretary of the Treasury, and now President of
Harvard and his predecessor Robert Rubin, Secretary of
Treasury, and now member of the Harvard Corporation
Board.
These shenanigans are well
documented by a series of courageous reporters and market
commentators, including Anne Williamson, Greg Palast, Kelly
O’Meara, William Murphy and Chris Sanders.
This tapeworm
operates globally. It has been winning at economic warfare
because those opposed to it cannot see it clearly and are
not yet networked globally to move people, places and
capital out of its reach. My pastor, Bishop Alfred Owens,
says, “If we can face it, God can fix it.” Indeed, divine
authority is hamstrung-- waiting for the necessary global
networks to align around a common map of the real deal about
global consolidation of economic and political power --- and
the resulting liquidation of wealth.
This tapeworm is
managed tightly by the cartels that syndicate around central
banking and warfare and it has four
phases:
- Phase One--Break It:
Private syndicates make money destroying a place through
organized crime, covert operations, warfare or a variety of
both;- Phase Two- Buy It: The profit generated
from breaking it is used to buy or seize “legal control” at
a discount;
- Phase Three- Fix It: Government
funding, credit and subsidies are then used to “fix it”
while harvesting remaining assets, including with narcotics
trafficking, sex slavery and any other form of liquidating
the human, intellectual, environmental and physical capital
in a place:
- Phase Four—Declare Victory: Victory
is then declared and a flow of foundation and academic
grants funded by the “break it-fix it” profits generate
awards, photo opportunities and official archives and
documentations for the perpetrators to be admired for their
bringing of advanced civilization to the
natives.
What emerges from an
investment banker’s analysis of billions of transactions
involved in situation after situation, in place after place,
in year after year, is surprisingly simple.
We are
watching a global first world economy that has a negative
return on investment.
For example, in 1997 I lead an
analysis of US federal expenditures and credit activities in
the Philadelphia area for a group of US pension fund
leaders. After analysis of the detailed data resulting from
$10 billion of government reengineering and $400 billion of
federal credit portfolio strategy managed by my company, the
evidence was overwhelming ---the federal investment in
Philadelphia had a negative return on investment. In short,
government budgets were rigging profits and income for
companies and people in the area. After each year of
government investment, Philadelphia spent more time doing
things that were fundamentally not productive and so had
been paid to grow “stupider.”
The deterioration in
environment, culture, infrastructure and quality of life in
Philadelphia that was obvious from walking around the city
matched the numbers rather than the spin in the corporate
news that the economy was doing well. Equity yields were
falling steadily and only cooked government and corporate
books could make it look otherwise. The primary thing on the
rise was the smugness of the leaders of Philadelphia
institutions as their success at covert management and
personal “personnel benefits” grew ever
stronger.
************** The Giant Sucking
Sound as the Tapeworm Consumes Global
Capital
Another way of saying this is that
the banking and corporate model as currently constituted
does not work. Banks and corporations are entirely dependent
on rigged government budgets, government contracts, federal
credit arbitrage and corrupt regulation in way that
generates a negative return on investment for taxpayers. In
addition, as corporations and banks become dependent on such
government intervention they become progressively less able
to function in a free market. Their culture becomes
progressively soviet.
The combination of negative returns
to taxpayers and increasingly non-market worthy private
organizations is steadily lowering productivity. Add to
this the increasingly power of organized crime as a % of GNP
and a determinant of who sits in power on Wall Street and
Washington, and fundamental productivity does not have a
chance.
This state of affairs can go on as long as it can
be financed. Hence, as long as America can continue to
export dollars, export Treasury bills and mortgage backed
and other federally supported credit, and lead in global
organized crime and warfare, a negative return economy can
continue.
Another way to say this is that rather than let
markets adjust in a manner that would hold banks and
corporations accountable, the central banks and military and
enforcement machinery will guarantee markets by offsetting
ever less productivity with ever greater amounts of debt and
the liquidation of planetary assets – people, places, and
all living things.
Which leads us to
Iraq.
************** The Tapeworm Ransacking
of Iraq
The economic desperation that lead up
to the invasion of Iraq has been eloquently described by
Chris Sanders of Sanders Research Associates and fits the
patterns that SRA colleague, John Laughland and his
colleagues at the British Helskinki Human Rights Group, have
documented in Eastern Europe. Assuming the patterns that we
have seen throughout the world apply, that tapeworm’s
economic desperation will feed on Iraq as
follows:
- The first meal to be
harvested on Iraq is the profits of invasion --- from
government contracts and arms trafficking to media coverage.
- The second meal to be harvested on Iraq is the
resulting control of assets, including gold, oil, bank
accounts and antiquities. Iraq will be stripped, shipped, or
otherwise switched to new ownership. Occupiers will use
Iraqi assets to leverage more debt that generates more
contracts and business for the inside companies. The
antiquities in Iraq and this area of the world have a
special meaning and attraction for the American and British
leadership networks so don't underestimate the value of
these. The gold bugs at LeMetropole Café reported that the
Americans have captured $1 billion of gold which was quite
relevant as the NY Fed Banks particularly JP Morgan,
Goldman, Citibank, are running significant short positions
to suppress the gold price. Such a replenishment of their
stocks (or the US Treasury who they may be trading on the
account of -- they usually simply move the shorts over to
the taxpayers on all these types of situations) will be
quite refreshing.
- The third meal on Iraq to be harvested will be
occupation management. If Eastern Europe is representative,
America will partner with local and global organized crime
and other intelligence agencies to significantly increase
organized crime profits from the place. Attractive children
will be culled from the population for shipment to Europe
and other areas for sex slavery and pedophilia. Narcotics
trafficking will increase as it has in Afghanistan. The
award to CSC DynCorp of a $500 million sole source contract
to run police, courts and judiciary in Iraq is an important
signal. My question after years of research is whether CSC
DynCorp’s core competencies relates to enforcement
infrastructure designed for places with growing financial
fraud, narcotics trafficking, sex slavery and control of
leadership through "control files.” These are the talents
that America needs to strip mine the assets to feed its
economic desperation.
- The fourth meal to be harvested on Iraq
will be fixing it and declaring victory. This will involve
significant government contracts to bring Western
Civilization as defined by building those things that ensure
the assets that the private corporations and investors have
now acquired have the largest increase in value at no
expense to themselves. A careful analysis will show
expenditure rations in the soviet style—that is we will
spend much more than necessary to get anything done. The
banks will acquire an entirely new market. Critical to the
fixing it phase is the financing of the occupation with the
requirement that Iraq use the US dollar. We will print
dollars and the Iraqi’s will use them. This is free
financing for us. Next will come the payback for the not
for profit groups. Because Christianity is an essential
political support base for legitimizing the de-population of
the Moslem territories, a flow of resources to the right
church groups to support an expansion of their missionary
ministries is likely. Progressive groups will bid for
contracts to bring the rule of law and economic development
and things like “the rights of women.” There will be a flow
of money from foundations and universities to study how to
help Iraq and to justify what we are
doing.
As the corporations and banks
are digesting Iraq, the American tapeworm will be setting
its sights for the next meal. The money will be flowing to
the right think tanks, academia and media apparatus for the
preparation of the next injection into the body politic.
The lethal combination of a debt based financial system,
falling productivity and the absence of meaningful feedback
systems means that the magic of compound interest will
dictate that the American tapeworm’s hunger for more capital
is accelerating.
************** Where is the
Tapeworm’s Brain?
The great mystery in all of
this is who is really in charge. On one hand, we are
watching an official action of the American governmental
apparatus. On the other hand, that governmental apparatus is
now run by the private companies and banks that operate the
apparatus accounts and systems and finance its ever-growing
debts. The investors behind these entities are global, not
American. This is not a picture of a sovereign government or
leaders loyal to the American people. A review of global
insurance risk positions, debt and capital markets would
show more about who is managing what than American politics.
Indeed, Greg Palast of the BBC has proved beyond a shadow of
a doubt that Bush lost the election – something of no
practical consequence thanks to the Supreme Court and the
corporate media.
The tapeworm is in control and eating
into the people of America as it is eating into the people
of Iraq. Federal accounts are missing $3.3 trillion, pension
funds have been stripped by pump and dump stock fraud and
neighborhoods are overrun with narcotics trafficking. There
are increasingly numbers of American citizens who have more
in common with the people of Iraq than with the leadership
of Wall Street and Washington.
With the takeover of
American digital data by defense contractors and banks
managing governmental functions, economic warfare takes on a
whole new meaning. What is supposed to be private is not as
those in the know have total access. What is supposed to be
transparent is private, except for those in the know who are
free to use it to advantage. With total defense contractor
information awareness, people can be adjusted to ensure that
markets do not have to adjust.
The American tapeworm is a
symptom that the central banking-warfare model that has
created the supremacy of the English-speaking people since
the time of Queen Elizabeth I is dying. It is dying not
because it is wrong but because it is weak. It is dying
because --- like a tapeworm – it has begun to create a
rapidly weaker system. Hence it is incumbent upon the
English-speaking people to reinvent themselves by engaging
globally to invent a new model.
Yet, the opportunity to
move to a new model requires the ability to see where we are
and to outline a vision to those in the system that there is
hope. Doing so becomes progressively more important as who
is in charge is less important than how many of us are
dependent for our bread and butter on a negative return on
investment economy as it tapeworms its way towards planetary
extinction --- and all of us with it.
In short, the
primary problem is not that the folks in charge are
centralizing wealth in a destructive way or that some have
too much money. That’s a problem – but a secondary one. The
problem is that from the point of view of the dolphins, the
plants and the trees, the planet is worse off for the
presence of humans.
All solutions are found when we
realize that this is something you and I can correct without
wasting more time trying to find someone in charge of the
tapeworm to persuade them to change its ways. It can’t
change --- its too busy finding food to feed all of
us.
Now read sequel to this article.... Mapping The Real Deal: The Solari Solution for an explanation about what we can do to combat The American Tapeworm.
************** Related
Links:
Harvard Watch:
http://www.harvardwatch.org
CSC DynCorp & the
Economics of Lawlessness (including links to Sanders
Research on the economics of the American occupation of
Iraq)
http://www.scoop.co.nz/mason/stories/HL0304/S00158.htm
Solari
Rising: An Illumination of Economic Resurrection for My
Neighbors at Easter Time
http://www.scoop.co.nz/mason/stories/HL0304/S00197.htm
************** Catherine
Austin Fitts is the President of Solari, Inc.( http://www.solari.com), a
founding member of UnAnsweredQuestions.org (
http://www.unansweredquestions.org) and member of the
Advisory Board of Sanders Research Associates (
http://www.sandersresearch.com). Ms. Fitts is former
Assistant Secretary of Housing-Federal Housing Commissioner
in Bush I and a former managing director and member of the
board of directors of Dillon Read & Co. Inc. She is
currently litigating with Ervin and Associates (acting on
behalf of the US government) and the Department of Housing
and Urban Development related to John Ervin's efforts to
stop responsible financial management in the US government
mortgage insurance portfolios. To support Catherine's
litigation efforts: http://www.solari.com/vote.php
. Ten percent of all donations are tithed to an Independent
Media Fund managed by Venture Collective.
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Real Deal" was useful for you, you can leave comments and
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Anti©opyright
Catherine Austin Fitts – April
2003