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US Military Uses IMF & World Bank To Launder 85% Of Its Black Budget
Submitted by Jake Anderson via TheAntiMedia.org,
Though transparency was a cause he championed when campaigning for the presidency, President Obama has largely avoided making certain defense costs known to the public. However, when it comes to military appropriations for government spy agencies, we know from Freedom of Information Act requests that the so-called “black budget” is an increasingly massive expenditure subsidized by American taxpayers. The CIA and and NSA alone garnered $52.6 billion in funding in 2013 while the Department of Defense black ops budget for secret military projects exceeds this number. It is estimated to be $58.7 billion for the fiscal year 2015.
What is the black budget? Officially, it is the military’s appropriations for “spy satellites, stealth bombers, next-missile-spotting radars, next-gen drones, and ultra-powerful eavesdropping gear.”
However, of greater interest to some may be the clandestine nature and full scope of the black budget, which, according to analyst Catherine Austin Fitts, goes far beyond classified appropriations. Based on her research, some of which can be found in her piece “What’s Up With the Black Budget?,” Fitts concludes that the during the last decade, global financial elites have configured an elaborate system that makes most of the military budget unauditable. This is because the real black budget includes money acquired by intelligence groups via narcotics trafficking, predatory lending, and various kinds of other financial fraud.
The result of this vast, geopolitically-sanctioned money laundering scheme is that Housing and Urban Devopment and other agencies are used for drug trafficking and securities fraud. According to Fitts, the scheme allows for at least 85 percent of the U.S. federal budget to remain unaudited.
Fitts has been researching this issue since 2001, when she began to believe that a financial coup d’etat was underway. Specifically, she suspected that the banks, corporations, and investors acting in each global region were part of a “global heist,” whereby capital was being sucked out of each country. She was right.
As Fitts asserts,
“[She] served as Assistant Secretary of Housing at the US Department of Housing and Urban Development (HUD) in the United States where I oversaw billions of government investment in US communities…..I later found out that the government contractor leading the War on Drugs strategy for U.S. aid to Peru, Colombia and Bolivia was the same contractor in charge of knowledge management for HUD enforcement. This Washington-Wall Street game was a global game. The peasant women of Latin America were up against the same financial pirates and business model as the people in South Central Los Angeles, West Philadelphia, Baltimore and the South Bronx.”
This is part of an even larger financial scheme. It is fairly well-established by now that international financial institutions like the World Trade Organization, the World Bank, and the International Monetary Fund operate primarily as instruments of corporate power and nation-controlling infrastructure investment mechanisms. For example, the primary purpose of the World Bank is to bully developing countries into borrowing money for infrastructure investments that will fleece trillions of dollars while permanently indebting these “debtor” nations to West. But how exactly does the World Bank go about doing this?
John Perkins wrote about this paradigm in his book, Confessions of an Economic Hitman. During the 1970s, Perkins worked for the international engineering consulting firm, Chas T. Main, as an “economic hitman.” He says the operations of the World Bank are nothing less than “pure economic colonization on behalf of powerful corporations and banks that use the United States government as their tool.”
In his book, Perkins discusses Joseph Stiglitz, the Chief Economist for the World Bank from 1997-2000, at length. Stiglitz described the four-step plan for bamboozling developing countries into becoming debtor nations:
Step One, according to Stiglitz, is to convince a nation to privatize its state industries.
Step Two utilizes “capital market liberalization,” which refers to the sudden influx of speculative investment money that depletes national reserves and property values while triggering a large interest bump by the IMF.
Step Three, Stiglitz says, is “Market-Based Pricing,” which means raising the prices on food, water and cooking gas. This leads to “Step Three and a Half: The IMF Riot.” Examples of this can be seen in Indonesia, Bolivia, Ecuador and many other countries where the IMF’s actions have caused financial turmoil and social strife.
Step Four, of course, is “free trade,” where all barriers to the exploitation of local produce are eliminated.
There is a connection between the U.S. black budget and the trillion dollar international investment fraud scheme. Our government and the banking cartels and corporatocracy running it have configured a complex screen to block our ability to audit their budget and the funds they use for various black op projects. However, they can not block our ability to uncover their actions and raise awareness.
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Haha, we use our own profit-making companies to create Black Magic.
They should all be in jail
Black budget? Ain’t it racisss? ;-)
Looney
No, but you are.
haha, he said ---US--- military. we have to find a new meaning of US to fit reality.
they kinda lost me at the end quoting stiglitz. he is about as bad as krugman
At this point, what difference does it make?
The Department of War disappears Trillions on a regular basis.
The black budget is only what is appropriated by Congress, not the the CIA's actual budget. There are only four positions at the CIA that are subject to presidential appointment and congressional approval. The job of Comptroller of the CIA is not one of them, the way that position is filled is the SIS (Senior Intelligence Service) hands the DCI (who is approved by congress) a list of names of acceptable SIS officers to fill the position, and then the new Comptroller tells Senators Burr and Feinswine whatever the fuck he pleases about the CIA's actual budget so they can pretend the exercise actual oversight, and ignore the systemically engineered failure of oversight.
They should all be in wood chippers.
Hire this guy to do the jobs
https://en.wikipedia.org/wiki/Robert_Pickton
Dat budget be dope, ya'll!
It's actually white magic.
Any shortfall is made up with the trafficking of white powders - I think that's the big profit making company.
When US military was in SE asia, all the heroin came from SE asia.
US military is now in Afghanistan, all the heroin comes from Afghanistan.
Odd coincidence?
Black Budget ... das racist !
"Budget of Color" is what Al demands!
Sliglitz must have been referring to version 1.0 of the model, since he left out the steps like tax holidays for multinational investment, WBG/IMF/UN drafted "model" regulatory policies which are provided to the debtor nation to "help" regulate those multinational investors (and what's left of their competition), and on and on...
Transgendered budget
Catherine Austin Fitts is one very brave lady.
Glad to see she is getting quoted again. Seems she was on somebody's black list for a while and I only heard her on Coast to Coast.
If they weren't able to successfully pull the wull over the eyes of %90 of the American sheeple -she would be dead. Same for Paul Craig Roberts, Ron Paul and other Patriots.
Sept 10, 2001: "the Pentagon is missing 2 trillion"
Sept 11, 2001: crickets
War on drugs is actually a war on competition in the drug business. Legalizing drugs would put the CIA outa business. Afghanistan is a major source of drugs maintained by taxpayer funded military.
Not to mention the DEA.
"Step One, according to Stiglitz, is to convince a nation to privatize its state industries."
And by convince he means bribe.
You bribe first. If the target government does not cooperate, you take out the financial guys and bring in the jackals. Soon there is a coup or a plane crash. The new government is offered a bribe. If they get the message, they take the bribe and impoverish their citizens.
Perkins wrote that book years ago but it still explains a lot of current affairs.
You forget step 4 -If you can't succesfully bribe the government officials -we invade.
And if that doesn't work, just crash some nationalistic leader's plane and bribe the next guy.
C
But...but...I was taught in school that the government is awesome.
It also makes one wonder if all of the corruption in the markets is allowed, just as long as certain parties get their cut of the action - in the name of National Security, of course.
Isn't that the discretionary money we use to pay for funding IS,ISIS,and the Taliban?..After all,what good is a war against terrorism,if you have no terrorists to fight..
Credit Suisse is the favorite bank of the CIA.
Since 1913 we've been an occupied nation. With Law and monetary policy, the money cartel control every aspect of gov't.
With the nation divided on every issue, there is nothing we can do until the big reset.
This story came out a few days ago didn't it?
Can someone add meat to the bones of this article to tell us how they hired advisors and mercs into Tianjin to set off all those container(s) that they knew had chemicals in them (among other things)?...
Obviously the Pentagon/CIA and Mossad got some good practice in with this as a "dry run"!
I'd include Fukushima but that took the tacit approval and consent of the Diet to allow a foreign government to protect the security of it's own commercial nuclear power facilities as embarrassing as that subject obviously still is for the Japanese... Must have been one helluva threat by the Anglo-American establishment to coerce Japan into that or perhaps they would have simply used another weapon on them to get what they wanted like the removal of the previous "unpopular" Prime Minister that didn't do what the CBs in the U.S. and Europe wanted them to do with their currency shortly before it happened along with that deal for nuclear fuel with Iran prior to 3/11!
I'd just stick to the huckabee aproach. Most people don't realize this but US-SOS creates "orange book documents" Chicken and egg. But huckabee 2016 said that even though it is not "american" prostitutes and drugs deal would finally have to be apart of paying a tax on deep fried campaign recipients.
I, for one, welcome the next level of server room kids.
because teaching isis how to use mustard gas ain't cheap?
Call it what it really is: Corporate Welfare.
Call it what it really is: WORLD DOMINATION.
More like corporate theft -really.
How about the missing gold from Libya and other places as well as all the money printing on the side?
I remember when this shit used to surprise us.
Catherine Austin-Fitts for Prez..........
^^This^^
But it would never happen.
They wouldn't let her get elected.
If she got nominated somewhere by someone, she would have an "accident" I fear.
she was almost destroyed once, the enemy of the state style. but she made it out alive.
ashamed to say that i still haven't got to read her online book. seems quite promising.
http://www.dunwalke.com/contents.htm
Her story on HUD fraud is incredible. Seems HUD was set up for private banks to make bad loans to minorities who they knew would default -and then when the properties were forclosed on by the banks - the federal government paid off the note and any deficiency -and later all these now HUD owned properties would be packaged together and sold off to Goldman Sachs, JP Morgan and a couple others - at 20-30 cents on the dollar. Austin thought they should be marketed and sold for 60-70 cents on the dollar at the very minimum - but that would take away billions in ill gotten profits from the banksters--so she was destyroyed and prosecuted, with all her computers and information stolen by the FBI, never to be returned, She is an American Hero. I love the lady -I would ditch my wife for her in a country minute.
"-I would ditch my wife for her in a country minute. "
That is Fkkin WRONG! ...No previous beef with you bros, but the last phrase in that comment put me off it, and you, completely. WTF? What kind of vows did you take with your wife? Does she know your feelings towards her? I think you'd find yourself quickly in 'no-woman's land', because no decent woman would go anywhere near you. Your the dog with the bone who saw his reflection in the pond, and thought the bone in the reflection was bigger, so dropped his bone into the pond.
"I wouldn't want to be a member of any club that would have me as a member..." - Groucho Marx
...dude, the guy was just making a passionate point. Leave it alone.
I used to be like you...until I grew up.
Savyindallas: Her story on HUD fraud is incredible.
I agree, it's a must read. I'm a big fan of hers and have been after reading her indepth study on what a scam HUD is.
http://dailybail.com/home/john-kerry-comes-out-swinging-on-climate-chang...
Read it and comments. Some folk don't appreciate proprietary info being gathered by "intel" to prop up cronies for their mutual benefit.
LJ
Like Jack Nicolson's character on the witness stand said, "You can't handle the truth."
As much as I think I know, I am not sure I could handle the whole truth.
No kidding. They mayswell just take over the central banks. YeeeeeeeeHaaaaaaaaaa
And you think they have not, already, why????
It is going to get yucky when they take down both the orangebook and the 17 levels of clearance above Hillary/Bubba/POTUS. 2016.
For the lurkers. 9/11 was a make work project, but real people had to die.
LET IT BE KNOWN as of December 1, 2014, under the court decision of August 25, 2014 that convicted the United States Corporation and their officers of fraud, extortion, human trafficking, involuntary servitude, murder, high treason, and crimes against humanity, all corporate governmental, judicial and enforcement powers and authority are revoked and nullified and all such personnel are hereby ordered to immediately STAND DOWN.
Any further corporate governmental intervention into any matter regarding any activity in any of the several states related to the Respublica of Earth, United States of America is now considered a Breach of the Peace.
LET IT BE FURTHER KNOWN that anyone disregarding this ORDER is considered personally liable for acts leading criminality against the People and faces immediate arrest and detainment by the Court of Ages, Earth District Natural Law Peace Officers deputized by the Court which includes all militia and National Guard.
http://www.courtofages.com/usa-orders.html
http://www.courtofages.com/intl-orders.html
http://www.courtofages.com/documents.html
I listed these sources long ago. But in light of this post covering different entities these are worth adding again for various reasons(i.e.):
1. You just found ZH
2. You just woke up to the reality that your financial future is in big trouble
3. You still don't believe me when I tell you it will all be stolen and then there will be large scale violence to distract you, get you killed and/or cover it up.
4. Illegal financial activity covers many different avenues but most certainly does not involve everyone. Most people just do their jobs and have no idea what is going on.
Do you trust those responsible and their complicit agents to let you find out the details once the end is near and let you live after everyone finds out they've been cleaned out? This especially goes for those involved as well. You will be the biggest liability to those that you make the decisions above you.
If there's one thing you can trust it is a thief who will keep detailed records of every penny they've stolen from you so that nobody steals it from them. And also so they have records to trade for immunity in testifying if they get caught. They can be a better source than any audit or forensic accountant.
2 Examples Totaling $11.3 Trillion USD Missing or Audit Access Prevented
$9 Trillion USD Unable to Be Audited at Federal Reserve
https://www.youtube.com/watch?v=GYNVNhB-m0o
http://www.zerohedge.com/article/exclusive-feds-600-billion-stealth-bail...
http://www.zerohedge.com/news/2013-05-21/thanks-qe-bernanke-has-injected...
$2.3 Trillion USD Missing Announced 1 Day Before 9/11/2001**
https://www.youtube.com/watch?v=xU4GdHLUHwU
** Audit Link
www.dodig.mil/audit/reports/fy00/00091sum.htm
Add the items above to this list of contributing factors of how everything is has been or is being stolen not only from America but everywhere else.
http://www.zerohedge.com/news/2015-08-12/solyndra-20-nears-bankruptcy-bo...
Joseph Stiglitz? Are you kidding me? Stiglitz for a source? Since the financial crisis, Stiglitz has been recommending that the key to recovery is for ever-more government spending. Stiglitz is Keynesian policy on steroids. Stiglitz makes Paul Krugman look like he follows the Austrian school of economic theory! LOL! Doesn't anyone filter this crap from this website?
check out Stiglitz camping out at Occupy, denying any knowledge of Fed malfeasance or the existence of Bilderberg. https://www.youtube.com/watch?v=yIywCImOqt8. He's just simple ex-World Bank president common Joe.
"However, they can not block our ability to uncover their actions and raise awareness."
Umm. Bulll-shit. What do you think the Kardashians, X-Factor, Super Bowl and ISIS are?
A significant percentage of the US population couldn't even point to the "country" Europe on a map let alone follow an audit trail.
None of this is revelatory btw, CIA were actively dumping heroin into black communities since pre-vietnam to fund all kinds of shit. Course back then you were a "tin foil hat wearing weirdo" if you said as much.
The military and intelligence budgets provide many benefits,
HOWEVER
THE MORE THAN 60% OF GUBMINT SPENDING ON VOTE-BUYING ENTITLEMENT PROGRAMS FOR THE MASSIVELY OVER-BRED PROLETARIAT HORDES IS A TOTAL WASTE !!!!!!!!!!
It's black budget consists of drug money.
"The Message"
It's like a jungle sometimes it makes me wonder
How I keep from going under
It's like a jungle sometimes it makes me wonder
How I keep from going under
Broken glass everywhere
People pissing on the stairs, you know they just dont care
I can't take the smell, I can't take the noise no more
Got no money to move out, I guess I got no choice
Rats in the front room, cockroaches in the back
Junkie's in the alley with a baseball bat
I tried to get away, but I couldn't get far
'Cause a man with a tow-truck repossessed my car
The WB and the IMF are part of what is called 'The Washington consensus'. The WB was originally founded to rebuild Europe after WWII but for that the EBRD and Marshall plan were used. The WB gives loans to developing countries or countries 'in transition'. Often these countries have a dictator. These countries then spend it on infrastructure projects. Often useless projects that then get awarded to Western companies because they are the only ones with expertise. But these project are often heavily overpriced. Westinghouse once build a nuclear reactor in a country in Asia next to a volcano on a fault line. The thing was never in operation. These loans need to be paid back with interest of course. Countries don't have the money to pay back so they need to cut on development or get other loans. The Chinese recently launched their counterpart, the AIIB.
The IMF is a 'lender of last resort'. It basically functions as a debt collector for financial institutions. They did a lot of business with dictators in Africa, Asia and Latin America. The IMF gives a country enough money to just survive a month or two. If they want more (that is, to borrow more with juicy interest rates), they need to implement 'structural adjustment programmes' which entails devaluing the currency (to increase export but it makes imports more expensive so it have a cross border effect); to increase interest rates (to battle inflation but it kills off local industries because borrowing money becomes too expensive); to cut back on salaries, pensions, social benefits and schools, etc. (this kills people's spending power and leads to social inequalities). The BRICS recently launched their alternative, the BRIC bank.
Debt is the name of the game here to get control over countries.
This article clearly shows that this Washington Consensus strategy that was hatched under the pressures of the Cold War and can probably be dated back to the Truman days, when Project Manhattan delivered its ugly babies at Hiroshima and Nagasaki and the CIA/NSA type spooks game really began in earnest.
We saw the UN and all those other "good" multilateral institutions (WB, IMF and BW gold/$ standard), aimed at creating a shared world free from war and devoted to free trade under law, become their EXACT ROLE OPPOSITES; aka a place where the Washington Consensus pushed its pawns for US corporate hegemony. It has now fully blossomed to its most perfidious extent as the Pax Americana neo-con matrix.
Its poisonous legacy has further unfurled using the obscurantist "clash of civilizations" mantra to further enflame political hubris, Medusa's legacy, into religiously engineered sleight of hand politics. A totally fabicated scam that comes back to bite its original creators; like Banco's ghost. "Bring down your Stasi wall Mr Gorby" has a truly ironic ring today.
Ask "Cincinnatus" Snowden!
New Augustan Rome in the form of FDR's world liberation from Axis fascism has now totally morphed into Caracalla's Baths and Coliseum extravaganzas of full fledged naval battle MIC games to play the bread and circuses meme to its morally debilitating and economically suffocating end game.
What FDR built has now been debauched into the corrupt house of fiat hegemony that his successors, step by step -- from Truman to Johnson to Nixon to Reagan to Bushes/Clinton/Obama-- killing in the process the Kennedy strain (like the Modern Gracchi of social reform) -- have debased into Casino Capitalism for the neo-feudal Corpocracy.
Some awesome blood line of neo-Caeserian decadence.
And it continues with TPP and TAFTA forced down other nations' throats...
Stiglitz is an admitted socialist known for spouting egalitarian sentiments and rhetoric publicly to the masses, but just another economic fascist and advisor to Obama, along with Summers and Rubin.
Those that would defend Stiglitz can be excused (brushed aside) for only knowing about his "Nobel Prize" but unaware he received it from the elites for showing them how to fleece developing countries. He's been a fixture at the World bank and the IMF for a long time now.
You apparently have not read the post. You start frothing at the mouth when you read the word : Stiglitz, the SOCIALIST.
In fact the article proves that Stiglitz the ECONOMIST, even tho he works for these institutions (or what they morphed into from their original form) was not party to the scam.
Perkins bases his reasoning on Stiglitz's demonstration to RUB HOME that message.
So do us a favour, read the post before you label someone (whoever) an "economic fascist".
I think his point was to illuminate the fact that the words "socialist" and "thief" are not mutually exclusive...and maybe we can finally get to some level of understanding.
"In fact the article proves that Stiglitz the ECONOMIST, even tho he works for these institutions (or what they morphed into from their original form) was not party to the scam."
Many (including those of EVERY ideology) were not party to the scam, they simply put their TRUST in the System Of The Scammers and now with the benefit of hindsight they are smart enough to see it for what it is but only talk about one side of it.
It still doesn't stop them from feeding the system if the systems goals align with their ideology and goals.
Look at Stiglitz's commentary's on everything from Greek austerity to ObamaCare to subsidized green energy, he goes Party Line always, regardless of the resultant economic carnage.
I really do not think it is this complicated. There is nothing to stop the FED and treasury from printing all the money they need. There is no audit so they can print and create money at will. No one will ever know. Black budgets are not relavent as they can be anything they need or want at anytime. Just ring the boyz at the FED and ..kaching....got your money.
It's the greatest Ponzi scheme in history...
Money for nothing....cause the printers FREE
All over the world the the people in govt. use the unaudited black budget of spy agencies ,
to fill their pockets