The David Knight Show - Catherine Austin Fitts: Second Amendment and 2024 Election

Episode Date: April 29, 2023

Will Tennessee legislature rush to appease gun control activists after the Nashville shooting with a special sessions? Catherine Austin Fitts, president of Solari, Inc and publisher of solari.com, on the Second Amendment, coming financial threats from CBDC centralized control, and measures that can be taken at the state level to protect financial transaction freedom. 0:58 Second Amendment - a make or break issue for 2024 elections 7:07 Personal story on the importance of a gun for women's safety 19:07 Red Flags, Christmas parades and SUV's 26:59 What can we, the people of Tennessee, say to TN legislators? How do we get the governor out of the corner he's been put in by media and gun control activists? 38:00 The importance of financial transaction freedom 40:09 The state government needs the ability to collect taxes and spend money because state government is a big part of the the local economy. The importance of a publicly owned bank/reserve for financial security and a healthy local banking systemFind out more about the show and where you can watch it at TheDavidKnightShow.comIf you would like to support the show and our family please consider subscribing monthly here:SubscribeStar https://www.subscribestar.com/the-david-knight-showOr you can send a donation through Mail: David Knight POB 994 Kodak, TN 37764Zelle: @[e-mail] App at: $davidknightshowBTC to: bc1qkuec29hkuye4xse9unh7nptvu3y9qmv24vanh7Money is only what YOU hold: Go to DavidKnight.gold for great deals on physical gold/silverBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-david-knight-show--2653468/support.

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NoviBet. More power to you. T&C Supply 18 plus. Bet responsibly. Gamblingcare.ie You know, if you want to take an action that's productive, whenever there's a school shooting, I think you need to get to the bottom of the truth of what really happened. Mm-hmm.

And I don't see that happening. That's right. You know, so you have a shooting, and the next day, you know, you've got out-of-state activists and well-financed in-state activists putting forward a solution without any clarity about what really just happened. In 2012, the Department of Justice, Eric Holder, and this is interesting. Remember that name, Eric Holder?

Yeah. So Eric Holder let HSBC skate on criminal violations, you know, pay a fine and skate. Protected by Eric Holder, Attorney General of the United States, who shows up in Tennessee to basically target and attack the Tennessee legislators, including threatening lawsuits against them, Eric Holder. Joining us now is Catherine Austin-Fitz, and you can find her Solari report at solari.com. Always a pleasure to have Catherine on. She gets the big picture.

Thank you for joining us, Catherine. Thank you, David. I'm so excited to hear that you're in Tennessee yes I'm excited to be here love it here let's talk a little bit about you just recently on solari.com you just had an article the second amendment and 2024 elections how do you see this as tying into the election so I was inspired I was listening to Bobby Kennedy's speech when he launched his campaign for president on April 19th, and he didn't mention the Second Amendment. So I wanted to send him an email to say,

look, we need you to come out for the Second Amendment. But I thought, I'll write an article and post it. At the same time, we were having an enormous fight in the Tennessee legislature over the Second Amendment with the governor trying to propose red flag laws. And the governor is now, the legislature finished without addressing this, and the governor is now trying to propose a special session. Hopefully that won't happen. But what you see in Tennessee right now is you see the extraordinary effort to chip away at the Second Amendment. And I wanted to write a piece for Bobby, but for everyone about why this is so important, because many citizens do not connect the dots between the Second Amendment and their

financial transaction freedom or their property rights or their incomes. And what they don't understand is if you lose the Second Amendment, we are going to watch all these other things collapse in short order. Because if you look at what is slowing the establishment down from literally confiscation of real estate or confiscation of property rights or compromise of human rights one of the biggest barriers is the fact that the population is well armed and and and well armed and many of those people who are well armed are well trained-trained in their constitutional rights. So the Second Amendment of the Constitution protects our right to bear arms, and that right to bear arms protects many other freedoms in the Constitution.

If you pull in the guns, the speed at which those rights will go away. I noted in the article that Jamie Dimon, the CEO of JPMorgan Chase, recently wrote a letter to shareholders and said that the time has come to exercise eminent domain, not just by government, but by businesses and not-for-profits, to get what we need to do, renewable energy investments for climate change. Now, what I will tell you is that has nothing to do with climate change. It has to do with implementing an electrical grid that can implement digital concentration camps. Yes. So, you know, whether it's confiscating the land or whether it's trying to implement CBDCs, you know, I've always, I've said for many years, if I was Jay Powell, I would not pass, try and get the legislation passed to implement cbdc's unless i pulled in the guns yeah so i i think the i think the fact that americans are well armed and well trained to

use firearms is a major protection of our freedoms and um so i wrote the article because it's it's time we have to really talk about this and people who haven't been engaged in protecting the Second Amendment need to get engaged. I agree. I've said many times that it is mutually assured destruction, like the MADD policy that we had during the Cold War. Neither side wants to do a first use of this. Hopefully, they don't want, we don't want to do it. But it is there as a deterrent. And, of course, the founders understood that as well.

They talked about how firearms are a restraint against evil, a restraint against tyrants. And so you really don't want to do something that's going to trigger that because it will destroy everything. And it's a very effective deterrent. That is why it's there, but also to protect us. You've got a story about,

your particular personal story about a firearm and a dodgy situation that you were in. Tell us about that. Right. So what I always stress to people who don't understand this issue is how extraordinary the statistics are about how effective guns are for protecting the honest citizen. So if you go back and you look at the history, one book I always recommend is a little bit dated down, but still very good called point blank by a criminologist. In fact,

from Florida, Gary Gleck, and it does an excellent job of explaining why honest citizens are really advantaged by owning firearms and particularly women. So this, to me, this is really, this is something all women should care about. So I tell the story of my argument. Let me step back, David.

When I travel internationally, I can't tell you how many times I find myself in conversation with people who think that the supporters of the Second Amendment in the United States are gun nuts, and they can't fathom why we would be gun nuts. And, you know, they'll say, oh, you have this terrible problem with those people that are gun nuts. And then I say to them, I'm one of them. I'm one of those gun nuts. And they're shocked. They say, I can't fathom why you would be. At which point I explain what I explained in this article, which is in every county in America, you see a balance of power between the drug gangs and the drug cartels and the organized crime cartels

and the honest citizens who are well-armed. And what people in New Zealand or people in Nova Scotia don't understand is, you know, because they're not sitting with the same level of drug cartels in their neighborhoods that we are with ours. What they don't understand is the minute we lose our guns, you know, there is a standing army ready to move in on us like that. Yeah. They don't understand that delicate balance of power.

So I tell the story to, to give an example of that. I tell the story of, I was being hassled by a local, it appeared to be one of the local gang members and he was sort of casing my house. I'd come home from Memphis with a, a SUV full of groceries and I had the backup and I was

walking one bag in unpacking it and then coming back it was very late at night and I live in a rural area so I come out and he's casing my house in the car and he sees me and then he drives over to local policeman's house when he sees it's empty. This local policeman was at his mom's house that weekend. He comes back and he starts down my driveway. Now, I was literally three long strides away from being through my front door. And my gun was loaded, sitting right on the desk inside the door. So I knew now in Tennesseeessee you're never going to shoot anybody unless you believe your life's threatened and you're in the house so so you know my plan was

immediately to head into the house and there wouldn't be a gunfight unless he was foolish enough to come in the house anyway but he was clearly um you know, his feeling and his attitude was very aggressive. And I just got, I just got mad. I just, you know, I was not in the mood to be hassled. And I thought, okay, you know, you want to have a fight, we're going to have a fight. And I stood in the driveway. And I was very clear in my mind exactly when I had to start moving towards the house and exactly what I was going to do, especially if he chased me into the house. I knew I would be fine, you know, because I've had excellent training. And he got just about a half a foot from where I was going to head into the pick up my gun. And suddenly it was remarkable.

I could feel his fear it was you could cut the air with a knife of his fear he he was really afraid now a lot of these guys are on a tight leash and you know they're not used to real fights do you know what i mean they're they're kind of uh bully situations but anyway so so i could feel his fear and i felt no fear at all i knew i was going to be fine and um no matter what he did i was highly confident i was going to be fine and um suddenly i've yeah yeah yeah yeah you you and suddenly he started to back out of the driveway and drive away and And he was scared. But the reason he was scared was because I was confident.

And I was confident because I had a gun. And I knew I was going to be fine in any situation. Now, if I had not had a gun, you know, who knows what could have happened. That's right. And what I try and stress on people, you know, we have a great sheriff. And it's really important, as you know, to have a great sheriff. But our sheriff is 25 to 45 minutes away. Yeah. And I have neighbors.

But when you're in a situation like that, you can't call your neighbors. Besides, they're asleep. Do you know what I mean? Yeah. I've got a story from my, not from my experience, but from my grandfather's experience. Back in Tampa, early part of the 20th century when they still had streetcars, he was a streetcar conductor and he always carried a gun, but he had another job.

He and his brother-in-law would go around. They would, it was in some low income areas and people get paid on Friday. They would send them around to collect the rent on Friday. And that made them a target because everybody knew that they were picking up money from people back in those days, everybody paying cash his brother-in-law was murdered and the police didn't find him he found him he was murdered with a hatchet and they stole the money and then he was still doing the same job shortly after that he comes back to his car and he's a

bit cautious he saw a guy curled up behind the front seat and he pulled out his gun he pointed at him he said if i ever see you again i'll shoot first he never saw him again but that was never reported that was nothing ever happened as far as the statistics are concerned of course they weren't really keeping statistics back then on that kind of thing but that's a good example of something how it can be used to deter evil in the same way that you know just the the population having guns is a deterrence to what the uh what the government might want to do in terms of uh tyrannical unconstitutional things or just you know full-on confiscation as jamie diamond's talking about one of the other links i put into the um into the article was a great chart there's a when i was in Washington, one of the groups that the congressional staff would tell you

was the most effective on gun control is a group called Jews for the Preservation of the Owner of Firearms. Yes. And they have a chart up on their website. They have a very good website. And they have a chart up on their website of all the genocides that immediately followed gun confiscation. And I will tell you, if you look around the world and you see places where the lockdowns were particularly brutal, you know, they didn't have guns.

If you look at the lockdowns in Australia, one of the reasons that happened was they got gun control. And, you know, if the australians had owned guns i don't think the lockdowns would have been anywhere near as brutal it was very brutal i remember seeing the pictures of them you know attacking people that were out there by themselves on the beach or having people who didn't have a mask and they had a lot of armed police tackle them surround them they had a mountain police they would forcibly put the mask on them it was crazy what was happening in in Australia. Right. And it was unthinkable for anybody. Australia has always been called the lucky country. And the quality of life in Australia,

you know, as of 2019 was higher, much higher than the United States. So it was unthinkable that such a thing could happen in Australia. but I assure you wouldn't have happened if, if they hadn't wanted the guns. Let's talk a little bit about what's happening in Tennessee. Uh, since you are a part-time resident here and, um, I am a resident here and we're very concerned about what is happening, but I think it is something that has national implications for people. We had this horrific shooting here. There is a feeling that something needs to be done.

Many of us are looking at this feeling that this is appeasement and it isn't going to accomplish anything. I know that the red flag law that's been proposed by the governor is a little bit different from some of the other red flag gun laws that are out there. But it is still a red flag gun law. And these things have, as we see, the stories about the IRS getting aggressive with people. You were talking about, you sent me an article about the IRS and how many agents. They're out hiring. They're out hiring in all 50 states people who carry guns. That's right. And so we know that something like that has a possibility.

I remember back in the 90s, the Washington Post did an article about what had happened with a family over the mother's delinquent Department of Education loan. And so the Department of Education had a SWAT team. And in that article, they said, we had seen that they had purchased all this SWAT equipment. We couldn't figure out why the Department of Education was doing it. Well, they had her address. She had left the family. She wasn't even living there. They came the dark 30 hours, and they pulled everybody out of the house,

but the father down on the ground, face down on the ground. Where is she? That type of thing. And it's that kind of abuse of power that always has the opportunity to happen when you've got a bureaucracy, because you can always have some energetic Barney Fife that's going to do something like that. And so it's a dangerous thing to put a red flag law out there. And it is really a sign of appeasement.

And I think that beyond the gun issues, it is going to be something that is going to invite the kind of takeover that we saw with the Tennessee three, if you will. And it is an effort to corrupt and to shut down that institution. So I think it's very dangerous on many different levels. Well, first of all, what I would say is that I think what needs to happen, you know, if you want to take an action that's productive, whenever there's a school shooting, I think you need to get to the bottom of the truth of what really happened. And I don't see that happening. You know, so you have a shooting and the next day, you know, you've got out of state activists and well-financed in-state activists putting forward a solution without any clarity about what really just happened.

That's right. We haven't seen the manifest manifesto we don't know anything about motivations we don't know what the individual is going through we know that she was seeing some uh psycho getting some psychological help and we do know from past experience that in many of these cases they give them ssri drugs and we know what happens with the ssri uh ri drugs it can actually make people more suicidal it's a a factor in a lot of murder suicides i've talked many times to an organization ssri stories.com they've collected over 7 000 of these stories if somebody varies their dosage because it's creating some other kind of side effects. It can make people go into a fight. They don't know what they're doing.

One instance, a guy goes in. Here's the other thing. Sorry, go ahead. These people can be mind controlled and programmed to kill. Yeah, yeah. Or it can happen just because of the drug. One kid went in and he was pointing a rifle at his class and then pointing at himself and back.

They finally were able to get it away from him. He had no recollection of what was happening to it. So that is one of the key things that is typically done when somebody has a psychological issue, and we see that that is exploding now in the schools. So perhaps the Tennessee legislature should take a look at what is happening in the schools. Why do we have 30% or so, a third of young girls, talking about suicide, ideation? They try to do it.

That is something that we never had in schools before. Why is that happening? Well, but you have kids ingesting lousy food. You have kids ingesting lousy media. You have kids being put on pharmaceutical drugs at very young age you have kids being abused for a variety of reasons it goes on and on and on and and you know what we're talking about is debasing our children poisoning our children in a variety of ways and and whether they act up because they're disturbed or they act up because somebody's disturbed or they're act up because somebody's, I mean, make no mistake about it.

Kids can be mind controlled and programmed to kill. Oh yeah. So, you know, go, go check out Hollywood. There's scores of movies on this exact same topic. So we don't know. I don't know what happened in Nashville because there was no time to know it. All of a sudden you just had well-financed activists demanding gun control at the same time the head of jp morgan chase is proposing that our real estate be confiscated that's right so the reason that gun control is being encouraged you know and and is being uh the push for it is being financed doesn't just relate to people who want the schools to be safe

because there are many things you can do to make the school safe that we're not doing it relates to the fact that you have very powerful wealthy people who are trying to centralize political and economic control that's right you know that and i know that and they are using this as the tip of the spear to get it now all you need to do is create a law that says oh we get to do the following with a dangerous person well who gets to say who's dangerous and when the person and the and the issue is the person is dangerous just going in and taking the gun doesn't really change anything why when we look at the lesson of the waukesha Christmas parade back in November, 2021, we had the same number of people killed.

Six people were killed and we had 62 people who were injured. You had a dance company of grandmothers, the dancing grannies. You had kids as young as eight years old that were killed from eight to 81 where the ages of the people who were killed, you had this individual who did this steering the car targeting people i mean he wasn't just speeding through a crowd and happening to hit people no he was turning the car to the the suv to hit people why didn't we come after 2010 ford escapes which was a murder weapon why didn't we say that we got to have a background check why didn't we say you know if you got a

problem maybe we're going to confiscate your car this guy had actually used just a few days earlier he had actually used his vehicle to assault his girlfriend and he had a violent history he had multiple convictions and after he had convictions and was a felon one of the things that happened a couple years before that was he was in possession of a firearm so obviously that's prohibited and that's not something that he legally had because that was another charge against him, a felon who was in possession of a firearm. So the gun control laws didn't stop him. If they had confiscated,

if he had any guns and they confiscated that, that wouldn't have stopped this murder. So if you look at, I go back to the balance of power between almost every county in America, you have a group of well-armed drug gangs and organized crime gangs and then the honest citizens. Gun control does not remove guns from the criminals. That's right. Gun control removes guns from the honest people, from the citizenry.

And at which point we are outpowered, not just by the government, but I'm not worried about the government because the government, those organized crime gangs are there right now, and they are on a tight leash. And if you follow the chain of command upstairs, they're working for the guys at the top, and it's within 24 hours they're going to move in. Yeah, I agree.

I agree. Yeah, you talked about how pervasive it is from top to bottom. That's how HSBC began, right? Hong Kong, Shanghai Bank, the opioid wars, and they've had a lot of convictions in terms of doing money laundering. I remember Matt Taibbi, before he became famous with the Twitter files and other things like that, was writing for Rolling Stone. He talked about how HSBC was too big to jail

because they had already been convicted multiple times. I had the whistleblower who was working inside there after the first time they were convicted for doing money laundering for drug cartels and for terrorist groups. And he was part of of that group and they hired a bunch of people who had no law enforcement experience but he was curious and he took it seriously and he found that they had this list of places and people and organizations that were supposed to raise a red flag and he found that they had intentionally misspelled a word here or there or inserted a space or something. And he blew the whistle on that. And of course they fired him,

but that was part of what Matt Taibbi was looking at. And this is an old, old story. I mean, just take a look at what has happened to opioid production in Afghanistan. After we left, it's plummeted to nothing. In 2012,

the department of justice, Eric Holder, and this is this is interestingly remember that name eric holder yeah so eric holder let hsbc skate on a on criminal violations you know pay a fine and skate and and if you look john titus made a fabulous video about this. It's called All the Plenaries, Men. You can get it at his Best Evidence channel on YouTube. And he describes basically how the Bank of England interceded and they were able to extend the sovereign immunity of the systemically important banks through the BIS to cover HSBC. So HSc is completely skates protected by eric holder attorney general of the united states who shows up in tennessee to to basically target and attack the tennessee legislators including threatening lawsuits against them eric holder yeah oh that's right yeah the guy

who was there when they were too big to jail and one of the eric remember eric holder yeah oh that's amazing yeah the guy who was there when they were too big to jail and one of the things remember eric holder was the guy who made sure the mexican cartel drug gangs could have weapons to kill dea agents right okay yeah so that was fast and furious yes that's eric holder yeah covington and burling don't you know remember that name yeah when you talk about gun control talk about that that was an obvious false flag even the new york times said fast and furious was a false flag and they had that as part of the un arms trade treaty they were trying to say well we've got to control traffic going across the uh the border of small firearms so that means that we're going to have to have

registration full registration of all firearms and and ammunition and that type of thing in the u.s so that we can know where it came from and we can backtrack it so it was a backdoor way to do what they wanted to do and it and it blew up with the dea agent getting shot with that but uh it's very interesting david uh speaking of having a good you know sort of personal stories i remember being out in la when fast and furious broke and i talked about it on a big radio show and explained why you know my personal experience with eric holder if you want to understand my personal experience with ericer, read my online book, Dylan Reed and the Aristocracy of Stock Profits. So I talk about how why I believe Eric Holder is up to his eyeballs in the criminality. And I fly home to Memphis.

I get off the plane and I come down to baggage claim. And there's a Mexican guy who's tracking me. He's shadowing me. He's following me. And I thought, huh, really? Cause you know, the word was that, uh, you know, the Mexican cartels were, were, you know, Memphis was a hub. So, but I didn't know a lot about it at the time. So I thought, well, this is not, you know, this is not good. Cause this guy's following me. He's, you know, he's shadowing me.

So he's like a spotter, you know, how they have spotters. Okay. So I get my bags. It's late at night. My car is all the way back in the park lot up on the top level at the Memphis airport. And I start down the road, you know, nobody around it's dark, it's empty. And I'm not caring because I just flew in from la so my gun's at home and suddenly i see another mexican guy peek out from behind my car all the way down the road wow and i thought i'm not caring and i went back into the into the airport and was able to find a policeman you know one of those guys on a bicycle in police community policing. And I said, you got to walk me to a car because there's a guy, you know, so I need, I need a gun. So you're going to be my gun.

And the guy took off. He took one look at the policeman come along and he took off. As many people say, you know, we carry guns because the police officers are too heavy. Yeah. So you've got the police officer, right? Well, needless to say, I was glad to see him. I was glad he was available. But, you know, we are living. At one point, I made Yellowstone, the movie of the year on the Salary Report.

And I got a lot of criticism. People were on it and said, that show is really violent. I said, really? Have you lived in America? You must live in a different country than I live in. Yeah, that's done very well. So what do you think, you know, what could we say to these legislators, if any of them are listening about this? I'm very concerned about the signal that it sends in many ways.

You know, whenever you try to appease tyranny, you always get more of it because they see it as a sign of weakness. And that's going to be true. You can't comply your way out of tyranny. That's right. It doesn't work. So here's what the citizens of Tennessee need to do. We need to get the governor out of the corner. The governor has been put in a corner,

and so he's going to punch a hole in the dam in a way that's going to make us much less safe so the question is politically how do you get the governor out of the corner i feel sorry for him because he's got if you and i talk about this in the articles if you look at all the different armies you know the vested interests have landed on his head whether it's protesters whether it's media whether it's dirty legislators you know you got a couple of dirty dirty legislators in tennessee and and you know you've got this army just going at him and so it makes it it makes it so he wants to look like he's doing something right so he needs to feel like we need to take action. So get the governor out of the corner. Call the governor's office.

Write them an email. Write your state senator. Write your state representative, your House representative, and say under no circumstances will you compromise in any way the Second Amendment. No red flag laws. No, no, no. The Tennessee Fire firearms association has a lot of good posts and you know if you're looking for templates or things to say but you just you

have to make this clear if you do a search for tennessee general assembly you can get easily the contact information for your state senator and your state representative if you don't know who they are you can find out who they are. You want to know them. I mean, it's a great group of people. You have really fine people in the Tennessee legislature, but you make it absolutely clear you will not tolerate any compromise

to the Second Amendment and no red flag laws. And, you know, if there is enough pushback, then you're going to help get the governor out of the corner because what the governor can say is, you know, look, do what i wanted to do it but there's just too much you know there's too much pushback i can't get this done politically and all you have to do is make sure no special session just say no special session no special session because then there's

nobody in nashville to you know pass some rotten thing. Yeah, I agree. And we don't realize the power of that letter. I remember we homeschooled our kids. And so I remember back in the early 90s when it was still kind of a new thing and it was shaky and the teachers unions were coming after it and they were going to shut it down. It was a Democrat-controlled state. And you had a massive letter-writing campaign by a small minority of people. Homeschooling was not that big then.

And they stopped that powerful teachers' union. You can have an effect if you contact these people because most people never bother to do it. And so that means already that you have an outsized, you know, the people who are interested in government are the people who are going to be writing. And that's the way they perceive this. They know, well, these are the people that are going to be likely voters, likely donors, or whatever, but they listen because you took the time to write to them. And I think that's very important that we make that heard, that, again, take the pressure off the governor, send him a letter saying, we don't want to have a special session, send the same one to your other representatives in the House and the Senate.

And I think that is very important for them as well, because we do have a good group of people there in Tennessee right now. We've had a lot of good things that have been done economically, as well as constitutional carry. And we don't want to weaken the Republican Party. And it's going to weaken the Republican Party with voters if they see this as a betrayal, isn't it? If you look at all the people who are moving to Tennessee because they want what Tennessee has.

Yes. The last thing you can afford to do is then destroy the thing that's attracting you. That's right. That's right. You know, we don't want to all move back to California and New York. I definitely don't want to move to either of those places. Let's talk a little bit about CBDC and some things that are being done here in Tennessee. Because as you pointed out many times, a central bank digital currency is really the end game.

We can get there in a lot of different ways, but that is the most direct way, the fastest way to get us there in terms of a surveillance state, in terms of a lockdown, open-air prison. CBDC takes us there directly. And so that is a key thing to be concerned about. Talk about how you see this currently. I mean, we've had a couple of presidential candidates who have talked about this. I think on the Republican side, we've got DeSantis. On the Democrat side candidates who have talked about this. I think, um, um, on the Republican side, we've got DeSantis on the Democrat side.

We've have RFK jr. We've got, I think, uh, Rama Swami has also talked about it. Uh, there's a lot of silence about it, but some of the people are now noticing this.

And I think it really needs to be one of my favorite comments on CBDC. I have an article at Solari. So my website is solari.com. You go to Solari, I have an article called, I want to stop CBDCs. So my website is solari.com. You go to Solari, I have an article called, I want to stop CBDCs, what can I do? And it's a great collection of actions you and your family and your friends can take that can make a huge difference

in turning the ship. Of course, the big one, as you know, David, is use cash. So, but in item number 11, I say bring bring transparency and i give a list of six videos all of them short that really show you what a dire thing cbdc's are yes um and one of those videos is the president you know the federal reserve system has 12 private banks the flagship is the new york fed but there are 11 other banks around the country and it's got the president of the minneapolis fed saying well i can understand why the chinese would want cbdc's because it gives them complete control and surveillance but i cannot

imagine why americans would ever allow this to happen yeah that was neil that is the president of the new york fed who who whose claim to fame was giving away trillions of your dollars during the bailouts and even he said no you can't do this well he said one of the things he said was look i can send money electronically to anybody and that's what they're trying to sell is the first phase of this this summer coming out with what they call fed now that said oh look we got a novel. You can send cash to people 24-7, 365, and do it instantly. He says, we've already got that. We've got a lot of private things that do that.

That doesn't really solve anything, but it's the first step. The second step, of course, is that's what they call the wholesale part. That's where they get the banks there with the Fed. And the whole thing is the purpose of it is to have central control central control of everything and make it direct and that's the next step with fed coin they've even got a name for it already what they want and then and we talk about it they'll say oh we're not doing that we didn't say we're going to do that they've named it already they know it's just a phased rollout one of the one of my favorite videos in that group is Richard Werner,

who is the top academic scholar on central banking and banking. In Malmo, Sweden in May 2022, I was there. I was on a panel with him describing the fact that one of the heads of one of the European central bankers told him that CBDC was going to be a chip and they were going to put it in your hand. Well, we just had, you know, just a couple of days ago, we had those Russian comedians who had called up Jerome Powell and he's talking to them. Thank you. He's talking to Zelensky,

but they had done that a couple of months ago with Ursula von der Leyen of the European central bank. And she said, with Christine Lagarde. Yeah. I'm sorry.ine lagarde sorry uh and but she was saying uh yeah we're gonna basically outlaw cash you know people can take the risk but if we catch them with it we're gonna send them to prison she you know that was pretty pretty amazing that is the plan and they're gonna roll it out there they want to roll it out here when biden came in he picked a marxist saleh omaro, and she had a paper about how they were going to

redefine everything. Over a year ago in March, you had Biden putting out directions to all the different bureaucracies and one of four areas, report back to me how you're going to implement all this stuff. How are you going to redesign the financial system? How are you going to

enforce this? So Department of Justice and FBI, how are you going to enforce this? How are we going to write the code? And the fourth one, Catherine, was climate. And that's the way they're going to sell this. That's the way they're going to take down their competition, private crypto coins. They see that as a competition. I can steal your real estate because my owning it instead of you is good for the climate.

Yeah, exactly. Yeah, that's right absolutely yeah right so the the armor of who didn't get confirmed thank god right you know and you can thank senator kennedy of louisiana for that um but on the road and she published it in the Vanderbilt Law Review. She wrote a paper on CBDC and said, the great thing about it is if you're worried inflation, you can just freeze everybody's accounts. Yeah, just like the truckers in Canada. Right, so you can freeze their accounts.

You can also, you know, this wasn't a particular thing of her, but my problem is it's taxation without representation. They want to raise taxes. They just come take the money out of your account. That's right. Well, we do have that as well as regulation without representation because most of the rules, they're passing rules instead of writing laws, right? So we get regulation and taxation without representation.

We don't have any due process. We don't have any presumption of innocence. So they don't have to find you guilty. They can just take your stuff. Here's the thing. We still do have the constitution and it's worth something if you take it down david you know the speed at which and that's why they have to get gun control you cannot take the constitution down if we are well armed if we have the constitution and we are well armed you know that has been for for decades that has been a you know a huge wall between us and the abyss that's right and we cannot let it take you know people think oh well i'm not a gun owner i don't care you know i once said to a very progressive

friend of mine who was dependent on social security to live. I said, how do you like your social security check? And she said, I like it. Well, I said, you better support the second amendment because if you don't, you won't get a social security check. And she says, what does one have to do with the other? She literally didn't understand that when you shift the balance of power and that standing army moves in on us, they can cancel everything, including social security payments. That's right. And we've already had a taste of this. You know, we've had the lockdown. We tell Main Street and middle class, I'm sorry, you're not essential. And we're going to shut down the

small business that you've had for long, just like that overnight. And so it wasn't, it wasn't just shutting them down. It was stealing them. Yes. Because if you look at the extraordinary explosion of wealth, of the people who picked up that market share and those assets, I mean, that was a steal. That was not a pandemic.

It was a steal. Because you get the Fed printing and ejecting $5 trillion in it, a lot of it going to their pals where they're shutting our businesses down, stealing the market share and picking up the assets up cheap. That's a steal. Yeah, half of the money that was part of the PPP that was supposed to help the small businesses afterwards, half of the money, more than 50% of the money,

went to less than 5% of the companies because they redefined what a small business was and in a very cynical way one of the things that i was interested i had never realized because i was not you know getting any ppp money there was an anecdote in rfk jr's speech about a small businessman uh that had you know fought really hard to get his business established and was in the process of losing everything. They threw him a little bit of money. It was $17,000 and he had to spend it within a short period of time. And I thought, you know, I've always looked at these stimulus checks and as PPP, as universal basic income, we're going to take everything from you.

We're going to give everybody universally, Everybody gets a check, a welfare check. I mean, that's full-on Marxism. But then there was the time aspect of it. You've got to spend it by this amount of time. I said, oh, so it wasn't just universal basic income. It was also a taste of CBDC because they can put time limits on the currency as well with that. So let me, after you finish talking to the governor and your state senator and your state representative about the necessity of protecting the Second Amendment, then you want to talk to them about the necessity of protecting financial transaction freedom. Yes. write a great memo on state sovereign bank if you if you go to solari.com just do a search for

for richard warner or sovereign state bank you'll pick up his memo and we're going to publish it in hard copy later this year and we've made some hard copies and distribute them around the legislature there what the state needs david is the ability to collect taxes and spend money because the tennessee state is a big part of the tennessee economy it needs to be able to do that without being able to control or be shut down or shut off by the new york fed member banks yes yeah so so this this gets down to raw political power. If they can stop or control your transactions, including with CBDC or the FedNow system, whether for the state,

whether for the local banks in the state or the citizenry, then they've got us over a barrel. Oh, I agree. But if we have financial transaction train tracks that can work no matter what, and they can't stop us from transacting or controlling, that's why we've written this thing on the importance of the state having financial transaction freedom. other ways to achieve it. Now, there are a couple reasons why you want this. We just saw the head of the New Zealand Central Bank give a speech after the cyclone and say, thank God we had cash. Because if we hadn't had cash, the entire economy would have shut down. And this is why you need cash. And I said to my partner, John Titus on money and markets, I said, I guess he didn't get the memo. Anyway, but nobody wants cash in the globalist organizations.

That is the enemy. Well, but here's the thing. You know, there are multiple reasons. It's not just political control. Things go wrong. The electrical system goes down. You have a blackout. You need to have transactional options.

That's right. You know, I get back have transactional options. That's right. You know, I get back to transactional freedom. That's number one. We saw the power grid go down in Kentucky, remember, for three weeks. You got to have cash. That's right. You know, but then there's the political issue, which is if we have, you know, whether it's war and we have an EMP attack, or whether the New York Fed member banks decide, okay, we're going to implement CBDC and we want control or with the Fed now system, we're going to run your banks and we want control. You need the state to protect the sovereignty of its citizens and sovereignty of its citizens and of itself depends on transactional freedom. That's right. So talk to your state legislators and the governor about, okay, what's your plan to assure us financial transaction freedom in Tennessee no matter what?

No matter what the scenario threatening our transaction freedom, how are you going to make sure we are a sovereign state and we are sovereign citizens in a sovereign state when our transactional freedom is threatened? Absolutely. Yeah, we have to have some way to get out. Everything that they want to do is about centralized control. And that's one of the reasons why they're saying, well, you can't, in Germany, the people are starting to rise up. They're starting to rise up in several countries in Europe because they realize that, and we've seen this here in the U.S., we've seen Biden as well as the New York governor say, we're going to stop you from having anything that's other than an electric appliance,

anything other than an electric heat pump, anything other than an electric car. They want to turn everything into reliance on the central grid so they can then shut that down. That's the trap. And they're trying to do that with the central bank digital currency. They're trying to centrally control everything. So we need to have measures where we're going to support people's ability to use cash, to use crypto, and also to have some kind of a state financial institution that is going to be outside of the central control. That is key. Right. And you've had a group of really excellent legislators in Tennessee working

steadily to provide more options. They've taken the sales tax off of precious metals, and now they've authorized the treasurer to make purchases. And, you know, the state has a very strong rainy day fund surplus, and they've authorized the state to start purchasing precious metals. I'd love to see Tennessee have a bullion depository. Because I think that would, again, just offer more options to the citizenry and the state. Especially if you had a depository as well as a publicly owned bank. And I know

that a lot of the small banks don't understand that they think it's going to be competition for them, but if they don't have that, it's worked out better. It's just the opposite in North Dakota. There's about six times the number of independent banks that there are on average throughout the U S. And so it's had just exactly the opposite because it's going to provide them the ability to have liquidity, to have a secondary market. And it's going to be something that is outside of the central control issue,

which is going to shut. And I'm very sympathetic with the banks because the last thing you need is a government bank competing with private banks. What you need is you need a wholesale bank that is there to support and protect the banks from, you know, national

and international enemies, truly enemies. And so because the health of your economy is going to be multiplied by the health of your small is going to be multiplied by the health of your small banks. So you need to do everything you can at the state wholesale level to protect those banks. And that's why if you look at North Dakota, not only is it not competing against the small banks, but the small banks are very much represented in its governance and management to

assure that there is the communication you need and the governance you management to assure, you know, that there is the communication you need and the governance you need to make sure it's working for everybody. That's right. And I think it was a brilliant thing. I think Senator Nicely called it the Tennessee Reserve System. So they understand that this is something at the wholesale level. It's not in direct competition with them, just like the North Dakota Bank is not in competition with the small and medium-sized banks. So you can deal with the Federal Dakota bank is not in competition with the small

and medium-sized banks. So you can deal with the Federal Reserve System or you can deal with the Tennessee Reserve System. We need to have choice. We can't have freedom if you don't have choice, right? If we centrally control everything, that was what the founders of this country were so afraid of. They knew it was going to be consolidation. Centralization is what we call it. That's why they split the federal government into three competing you know checking checking checks and balances and why they split power between the federal government the states and and the people was over all that stuff and we need to do the same type of thing we need to have as many different ways in the financial system and then energy and all the rest of these things instead of centrally controlling everything. Right. Exactly.

Well, it's been very interesting to talk to you. Always is. And thank you so much for what you're doing. And again, you can find the reports that Catherine Austin Fitz has at Solari. That's S-O-L-A-R-I. Solari.com. You can find the Solari report and many interesting articles on culture and all kinds of things that she's got there. So it's a great site.

And just understand that we are, I think everybody knows that things are changing pretty quickly. And they can accelerate. Just because everything is changing very quickly doesn't mean it can't go even faster. So we need to get out ahead of this. And we need to put some, you know, firm up the support and make it a little bit easier for the people who are representatives in your state. If you don't live in Tennessee, but if you live in Tennessee now is the time you live in Tennessee, get on the horn and tell these guys no special session. That's right. No, no,

no, no, no. Absolutely. Absolutely. Thank you so much for joining us, Catherine. Appreciate it. Thank you, David. It's always a pleasure. And again, I'm so excited to learn that you're a fellow Tennessean. Not as excited as I am. I love it here. Thank you. Have a great day. You too. The Common man. They created common core to dumb down our children. They created common past to track and control us. Their commons project to make sure the commoners own nothing and the communist future They see the common man is simple unsophisticated ordinary But each of us has worth and dignity created in the image of God

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