The government “can’t find” $20 trillion, while pension funds are tanking

The government “can’t find” $20 trillion, while pension funds are tanking

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.


The Matrix Revealed

(To read about Jon’s mega-collection, The Matrix Revealedclick here.)

Source: https://jonrappoport.wordpress.com/2018/04/24/the-government-cant-find-20-trillion-while-pension-funds-are-tanking/

4 thoughts on “The government “can’t find” $20 trillion, while pension funds are tanking

  1. Pension funds:
    Superannuation funds:

    Payday.
    The Establishment are all over us like a rash.
    Monies pulled from the paypacket of workers.
    Stolen under false pretenses.

    The more money you have access to.
    The more money you can borrow.

    Monies pulled from the workers paypacket, is real cash.

    $10 a day pulled from 1 million workers.
    Is $10.000.000 / ten million dollars – a day.
    Is $70.000.000 / seventy million dollars – a week.
    Is $280.000.000 / two hundred & eighty million dollars every February.
    Is $300.000.000 / three hundred million dollars every – Sep, Apri, June & Nov.
    A total of $1.200.000.000 for those 4 months. in each year.
    Is $310.000.000 / three hundred & ten million dollars every – Jan, March, May, July, Aug, Oct & Dec.
    A total of $2.170.00.000 for those seven months of the year.
    A total of $ 3.650.000.000 every year.

    $3.650,000,000 / three trillion, six hundred & fifty million dollars PULLED from the paypackets of – ONLY ONE MILLION – hard working Australians every year.

    What if there are 10,000,000 / ten million Australian citizens working in Australia?

    Well, let’s see.
    $3.650.000.000 multiplied by 10 equals $36.500.000.000 . thirty sis trillion six hundred & fifty million dollars – pulled from hard working Australian citizens every year.

    How much can – THE VESTED INTERESTS BORROW – with a stake of thirty six & a half billion FREE dollars coming in to their grubby little hands each & every year?

  2. P.S. there are no monies in the pension funds or in the superannuation funds.
    Vested Interests have borrowed a 100 times that & more using your monies as security.
    Monies borrowed to be repaid with interest.

    Oh, hang on a minute, the invest those monies for US.

    Ah, bullshit.

    The banks are broke.
    The corporations are broke .
    The government is broke.
    They are all bludging off the Australian TAXPAYER.
    And then John Howard – of Hey Big Spender – King of th Loose Purse Strings – fame, introduced the GST.

    They are living off us.

  3. I visit Wolf Richters website Wolf Street on a regular basis & am reminded every time, of the magnitude of failures of the corporate world to perform in achieving sustainability & profit.
    The corporate world is kept afloat by cooked books – false accounting – where even non existing real estate & other assets are massively overvalued to borrow – where renefotiatedloans are annual necessities to avoid Insolvency & Bankruptcy.

    The 10 RICHEST men in the world actually owe gazillions more than they could possible own.
    They are not bankrupt but in debt to the tune of billions & trillions of dollars.
    It Is All Just A Big Lie.

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