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Black Budgets & Money Trails

In the first half, after two decades as a top investigator of corporate fraud, and now working as an investigative journalist, Greg Palast discussed the dirty tricks being used by both parties to sway the outcomes of elections.

During the second half, Dr. Ardy Sixkiller Clarke, a Professor Emeritus at Montana State University who has dedicated her life and career to working with indigenous populations collecting stories of encounters with sky gods, giants, little people, and aliens, detailed the UFO stories of "Urban Indians" who live off reservation lands.

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Black Budgets & Money Trails

Show Archive
Date: Monday - April 4, 2005
Host: George Noory
Guests: Catherine Austin Fitts, Steven Greer

Making her debut on Coast, Catherine Austin Fitts of the Solari investment group, used her business and financial expertise to outline how some govt. agencies have siphoned trillions of dollars into black budgets. A staggering $4 trillion has been taken from the federal government, she declared, tracing the problem back to the 1940's when laws were first passed to give intelligence agencies the right to draw money out of other agencies without accountability. Then in the 1980's, she continued, executive orders were made that allowed corporations to handle sensitive government accounts without transparency.

The combined effect of these legal and executive moves "was really a license to steal," she said. America's rise to power was fueled by "dirty money," from the drug trade, organized crime, and to the largest extentâ€"securities fraud, Fitts detailed. These profits are often laundered into the economy through real estate, she said, citing cases of HUD mortgage scams as an example.

The middle class is being "gentrified out of existence by a financial coup d'etat" and the subsidizing of this financial market is destroying the environment, she said. Fitts suggested that people vote with their resources, switch to local banks and stop backing people who are complicit with criminality. She also advised investors to look into gold and silver, as the dollar is losing its value as it falls in the world market.

Steven Greer Update

First hour guest, Dr. Steven Greer of the Disclosure Project reacted to the recent ABC UFO special. After being asked to participate in the special, he was told that it was going to be an historic event that would blow the lid off secrecy. Yet to his surprise, none of the testimony of high level officials from the Disclosure Project was used by ABC and he believes they deliberately led the audience astray with their conclusion that the government lost interest in UFOs after Project Blue Book.

Bumper Music

Bumper music from Monday April 04, 2005

  • #41
    Dave Matthews Band
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