The Tucker Carlson Show - Catherine Fitts: Bankers vs. the West, Secret Underground Bases, and the Oncoming Extinction Event
Episode Date: April 28, 2025Former Bush administration official Catherine Austin Fitts on how America’s leaders gave up on the country in the 1990s, began stealing trillions and built a digital prison to control the population.... (00:00) Introduction (12:09) The Two Things That Lead to Inflation (16:00) Central Bankers vs. the West (28:01) What You Should Know About the Bank of International Settlements (38:30) Secret Underground Bases All Across the US (48:49) The Government’s Secret Energy Sources Paid partnerships with: SimpliSafe: Visit https://simplisafe.com/TUCKER to claim 50% off & your first month free! Eight Sleep: Get $350 off the Pod 4 Ultra at https://EightSleep.com/Tucker PureTalk: Go to https://PureTalk.com/Tucker to make the switch Learn more about your ad choices. Visit megaphone.fm/adchoices
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The U.S. economy and financial system is the leader globally in laundering dirty money. I said
to this wonderful group, let's pretend there's a big red button up here on the lectern. And if you
push that button, you can stop all hard narcotics trafficking tomorrow. Who here will push the
button? And out of 100 people dedicated to evolving our society spiritually, guess how
many would push the button? I don't know. One. You suggested the control grid is in part designed
to manage the population. So if you want to move people to a much lower economic footprint,
having complete control is obviously very convenient. So the bottom line is the majority is about to get a lot poorer.
So the question is, where's all this money going? And one of the things I've looked at
is the underground base and city infrastructure and transportation system that's been built.
What would be the purpose?
I think if you're worried about a near extinction event.
So thank you for doing this.
You get, I know you've worked on this for years, but you get the sense, if you're just a sort of aware person, that there is a concerted attempt by governments around the world to digitize commerce and to digitize currency
and to basically control people through money.
Correct.
Correct. Correct.
So that was my first question.
Is this happening?
Am I imagining it?
It's absolutely happening.
And what's important to understand, it's been happening for a long time.
In other words, this is like an invisible corral that they've been building around you
for a long, long time.
Because how do a few sneak up on the many?
Well,
you have to do it very quietly and visibly before you throw the trap.
So essentially what they're building, because it's converting a currency system into a control
system. So it's really the end of currency. And what they're doing is they've been building the
different digital pieces. And when it integrates and
comes together, then you literally have a digital concentration camp. It's complete
and utter control.
Otherwise known as the world.
It's, here's the thing to understand. We, you and I grew up in a world where there
was mass media, where you were pitching stories, you know, so you had 57 varieties of ice cream
and you're pitching them to 57 different niches, but you're still pitching to mass audiences.
What we're talking about is a system where you can surveil, control, and influence one person at a time.
And with AI and software, each person can have their custom surveillance, influence, nudging, and control system.
And punishment.
Yes. Enforcement.
Because ultimately, if you control money, you can starve people to death. You can kill them.
Right. So go back and think of the pandemic.
So if I say you can't go more than a mile from your home, and I say you have to be mandated a pharmaceutical,
then if you don't take the pharmaceutical,
I can turn off your money.
If you go more than a mile away from your home,
your money and your credit cards won't work.
So whatever rules I lay down,
there's a wonderful example.
The head of the Bank of International Settlements
is the central bank
of central banks and it's been running the process to implement basically an all digital
monetary system and they have innovation hubs all over the world they've been running this process
for a long time and in 2020 when the pandemic started or it was october 2020 so the panda
pandemic was underway the general manager October 2020, so the pandemic was underway. The general
manager of the Bank of International Settlements was on an IMF panel. And in one minute,
first time in my life I ever saw a central banker tell the truth, I fell off my chair.
And he said, you know, the beauty of this is we can set the rules on how your money works and we have the technology to enforce them.
And what he was saying is literally from one place in, you know, anywhere in the world where
the technology exists, you can track each person individually. You can set a complex list of rules, you know, like legislation, regulation,
and administrative policy, and you can enforce them all with the technology, with AI and software.
So, have you ever seen, there's a wonderful movie called The Lives of Others about the German Stasi
and surveillance. It's about a group of artists and sort of creative, talented people who are under surveillance by the German Stasi.
And you see what it's like to be under surveillance for 24-7.
Think of each one of us.
We're all under surveillance, not just by governments, but by corporations who are trying to do something.
And it may not be anything nefarious. So, 80 different companies are trying
to sell you something or 80 different companies are trying to get your data for some reason.
And so, they have AI and software bots that track you and follow you and learn from you and try and
influence what you do because they're trying to extract some kind of value from you. And literally, think of being attacked by a swarm of bees.
We're surrounded now by a swarm of AI software bots
all trying to learn from us, extract something from us,
or get us to do something.
Now, when you go to an all-digital system,
then there's no escape.
And then they can start literally to enforce rules they do now
so so what are the manifestations of this that maybe we're not paying attention to or don't
perceive for what they are so look at what they did to the canadian truckers we don't like what
you're doing we cut off your money and we cut off your friends money and if people help you we cut
off their money too so i've had i've known so many different
people around the country who've been debanked we just got legislation passed in tennessee
that a bank over a certain size couldn't debank someone for political or religious reasons
you know and and you you're one of the things that's happening there's no such federal law
not that i know of but i haven't. I've been working with the states because ultimately the one power currently under the Constitution in the United States that can stop this,
the powers not delegated to the federal government by the states are reserved to the states.
In other words, the states are technically more powerful than the federal government. And under the Constitution, they have the power to
override the federal government on many different issues, including healthcare. And so, one of the
tensions we see in America is more and more there is a debate between the feds
and the states about who has what power. So, we've seen a lot of the conservative AGs and treasurers pushing back in a wonderful way,
in a marvelous way.
The challenge they have is this.
And this was said to me by a senator in northern Ohio.
Northern Ohio has one of the best groups of sort of freedom-fighting legislators in the country.
And as you probably know, because you know Montana, it's very beautiful.
And-
You're talking about Montana?
Idaho.
Idaho, okay.
So, but it's right, you know,
it's right next to Montana.
So one of the Idaho senators said to me,
he said, my problem,
every time I fight to implement the constitution,
he said, what I learn is
every year we send a dollar to Washington
and every year Washington sends
back a dollar and 19 cents. And when I say I want to implement the Constitution, my constituents say
to me, I'd rather have the 19 cents. So, what we've been watching literally since World War II
is the federal government and a very, you know, large large s both monetary and fiscal policy buying people out of
the constitution and buying the whole federal i mean the federal government is right now so
operating so far outside the law it's you know you know how unbelievable it is so that's the
challenge before us if we want to be free you know we're going to have to decide we're not going to let ourselves be,
you know, it's like being sort of walked into the slaughterhouse. We're not going to walk
into the slaughterhouse. But you don't even, I guess what bothers me about it, there's something
wonderfully straightforward, horrifying, but wonderfully straightforward about just a
conventional invasion where people show up with guns and tell you what to do because at least you know who the enemy is.
But there's something very scary in an insidious way about being lulled into slavery.
Right.
And the thing to understand about the lulling is the l you know, your other friend I get a control file on.
So, there are thousands of different ways of nudging, buying carrots and sticks to get everybody into the control, into the trap.
And what is so insidious about this is much of the marketing plan is invisible, and it really is crafted one by one.
The odds seem overwhelming against the average person in a system that you just described.
So how far are we from not being able to exercise constitutional freedoms?
So I don't know how many years. They're clearly pushing
to have this done by 2030. And, you know, what I do have to say is if you look at what it takes
to stop it, I believe they're going to fail. Now, what I don't underestimate is how much damage they
could do. And the, you know, the failure may not come in time to save america so if we get to stop and define terms who's they uh i the central bankers yes right so
we have a democratic republic or we have a republic and use this democratic process
what happened in 1913 is the bankers took control of monetary policy. What they're trying to do now is take control of fiscal policy.
Once they get control of fiscal policy, it's going to be much harder to reverse it.
Can you, I'm going to ask a series of really dumb questions.
Okay.
I hope you'll indulge me.
What's the difference?
Taxation without representation.
But between fiscal and monetary policy.
Okay.
Monetary policy is I control the process by which currency is issued, including through credit.
So, I generally govern and control credit issuance.
Yes.
And from that, the currency, the creation and management of the currency.
Fiscal policy is when I control the taxes and the borrowing of the U.S. government. The Republicans in the Senate killed the nomination. about central bank digital currency in other words an all digital currency system is you have
the perfect tool to deal with inflation if inflation gets out of hand you just freeze
everybody's bank accounts nice right right right you know so it's it's um so inflation is a creation
of monetary it's the effect of monetary policy It's like something that currency relative to growth. It's because we are reversing globalization. Globalization created a whole lot of lower costs for a variety of reasons.
So if you had a severing of supply chains, for example, that would cause inflation because it just costs more to get the materials and the goods right and and
it's not just higher prices it's you know some products a lot of products stop being economic
and just go away so you know when you hiccup supply chains especially if you do it by shock
doctor or shock and all which is what we're watching now,
you know, it wrecks havoc. So think of it like a flotilla of ships that need to turn.
If the aircraft carrier doesn't let everybody know they're turning, then the boats aren't ready to
turn and you have boats smashing into each other. You sink a lot of ships. You sink a lot of ships.
So leaving aside whether that
was wise or not that's what we're doing right um so you get inflation out of that of course
you're absolutely right if oil prices go up you get inflation right and that de-globalization
started in the financial crisis so you know so it's accelerating now but it's not that we just
started it how did it start during in 2008? Yes. Yes. Because why?
Because for several reasons, but one is we were trying to exercise more and more control through
the dollar system. And we've always exercised a lot of power and control and extracted a subsidy
from the dollar system. But you have more and more people trying to get out of the system
and um the financial crisis the first the asian crisis in 97 was a real wake up to asia you know
you need to create more resiliency but more and more things happened and then in 2008 it started
to accelerate with the creation of the you know as, as the BRICS started to organize and work to sort of pull out of the dollars.
So the idea was you've got a world economy based on the dollar.
The people who issue and administer the dollar are not running things responsibly.
Therefore, we need a separate safe haven.
The people running the dollar system want a unipolar model.
Yeah.
The U.S. wants a unipolar model. Yeah. The U.S. wants a unipolar model, and we don't want to be part of a unipolar model because we don't want, if you look at the level of subsidy they're extracting, we don't want that level of subsidy extracted.
And if you look at some of the rules and regulations, we don't want to be a part of it. So we in India, I don't know if you ever saw one of the greatest explanations of globalization ever given. Sir James Goldsmith came to the United States in 1994 and he did an interview with Charlie Rose and he described why we should never approve the Uruguay Round of Gat and institute the WTO. And to this day, he nailed it perfectly.
If you could summarize his argument, what would it be?
He said, we are going to hollow out the middle class in the West,
and we are going to devastate our culture.
Our culture?
Yes, our culture.
We're going to devastate our culture,
and we're going to devastate the culture and we're going to devastate
the quality of the food supply he said that yes so now those are my words of way of saying it you
should watch it and i think to this day i think it's the best description and and if you read my
online book and you listen to sir james gold, what they both describe is the fact we knew.
We knew what we were, in other words, the leadership knew that this would destroy or devastate the West.
So why'd they do it?
That's the $64,000 question.
Well, they hate the West.
Defenders of the West!
No, I don't think i think one of the reasons they did it is i think they
wanted to create the capacity and centralize the capital they needed to go into space and i think
they knew that they would need every hundred or so years the central bankers do a reset
and i think they knew they were coming into a reset and and they felt with this technology
that they you know if they didn't globalize someone else would and and they wanted to control
the process they needed the money to go into space the capital well i don't even know what that means
so i think they wanted to build the capacity to become a multi-planetary civilization
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Man, I was caught up in such minutia in 1994.
I never heard anybody say that.
I had no idea that was happening.
So I didn't become convinced of that in 1994.
I became convinced. Were you still't become convinced of that in 1994. I became convinced...
Were you still working for the federal government in 94?
My company was the lead financial advisor for the Department of Housing and Urban Development.
And I was trying to clean up the mortgage corruption.
And what I ran smack into is that they were clearly and intentionally setting up the infrastructure to dramatically increase
mortgage fraud intentionally. Mortgage fraud is a public-private partnership between the New York
Fed member banks and the federal government. So the Treasury and the Fed were clearly engineering
a massive new mortgage bubble. And essentially, I was doing a series of things.
And that mortgage bubble was going to centralize capital. And I was working on a whole plan coming
out of the Bush administration. We were taking all our profits and investing in building a software
infrastructure that would help communities decentralize political and economic power, but in a way that would create new great
wealth. And one of the projects we had was we were working with, I had a subsidiary that had a
project working with the top pension fund leaders in the country. And essentially, our job was to
figure out how the pension funds could invest so that they could handle this baby boomer demographic going through the pension and retirement system.
And how we could do it, how they could invest their money because they're operating at such a size that it would be good for America.
You know, how do you build a stronger America in a way that helps the
baby boomers, you know, live in retirement? And I made a presentation in the spring of 1997
to, we were at a big money management firm outside of Pennsylvania, and one of the board members was a
money manager who worked with a lot of the pension funds. And so we had all these top
corporate and state pension fund leaders, and I made a presentation. We had done a simulation of
reengineering the Philadelphia economy to achieve this. And the top pension fund leader looked at
me and he said, oh my God, you know, this is very similar to what we tried long ago and it didn't
work. And I said, you didn't have the internet, you didn't have the tools to get the average person's learning metabolism high enough,
you know, on an economic basis to do that.
We had built a data servicing company in low-income communities and we were able to show how easily we could get the labor force
or people on welfare off of welfare and making lots of
money and being very productive at high speed. And he looked at me and he said, you don't
understand, it's too late. I said, what do you mean it's too late? He said, they've given up
on the country. They're moving all the money out starting in the fall. He said, you've got to get
to Nick Brady. Nick had been my, I had been a partner at Dillon Reed, and Nick had been the chairman of Dillon Reed before he became Secretary of Treasury.
And at that point, Nick is out, but, you know, sort of involved.
Anyway, he said, you've got to get to Nick and let him know it's not hopeless.
This can all be turned around.
And I thought he meant we, the pension funds,
have been instructed to reinvest equity and reallocate our equity into the emerging markets, which made sense because they had a much higher growth rate.
What I didn't realize then was, and I realized shortly thereafter, in October of 1997, that's the beginning of the 1998 fiscal year, huge, enormous amounts of money started disappearing from the U.S. government.
And literally, by the time of 9-11, there was $4.1 trillion missing from DOD and HUD. And if
you remember, the day before 9-11, Donald Rumsfeld stood up and basically said, he did a press
conference and he said, there's 2.3 trillion
in undocumented adjustments last year at DOD and we're missing money and it's, you know,
it's worse than terrorism. And then of course, I was working with a reporter on a huge story that
would have published that Friday after 9-11 about the missing money. We'd been working on it for
over a year and she'd done nine stories. I'd
helped her do nine stories because we were trying to get the general accounting office,
now they call it the general accountability office, but we were trying to get both Congress
and the GAO to do something about it and to try and stop it. um anyway as you know yeah priorities changed right um for reasons that we
still don't understand and oh i understand yeah well well i don't think the average person the
average person i think sort of thinks well maybe there were 19 guys from well but here's or
something i call the patriot act the the control and Concentration of Cash Flow Act. Because one of the things that happened after 9-11, if you look at the history of the black budget and sort of secret financing that the government uses for secret and classified projects, that pot of money had grown and grown and grown.
And it had become very dysfunctional to try and get that money.
Mortgage fraud, I believe, was one of the
biggest sources, and that's why what I was doing sort of went into the heart of the problem. But
the Patriot Act and that whole process was very successful at moving a lot more money
onto the budget. In other words, it made it much easier to get enormous amounts of money
for the national security state
as a result of what happened.
Now, you know, whenever you do an operation like this,
you stack functions.
So it's only one of many goals.
But it was very successful.
Boy, it all went right over my head.
I thought it was all about Muhammad Adda.
I had no idea.
I know you're laughing.
I want to tell you my church story.
Wait, hold on.
There's so many threads here.
Yeah, there's a lot of threads.
Yeah, there's a lot of threads.
I just want to, I don't want to let it continue to hang in the air, this question of space.
You sort of threw that out parenthetically, but like, I've never heard that before.
So you believe going back 30 years that people in the U.S. government and in the finance world wanted money for space?
Yeah, it wasn't U.S. government.
It was the central banking.
If you look at the group of people who meet through the BIS.
What's that?
The BIS is the Bank of International Settlements, and it's the central bank of central banks.
Where is that located?
It's in Basel, Switzerland. And it has 63 of the most powerful central banks as its members.
And the New York Fed and the Fed are both shareholders.
They became shareholders in 1994.
In one sentence, what's the purpose of the Bank of International Settlements?
Okay, so there are two things you need to know about the Bank of International Settlements.
I'm not sure my brain's big enough for this, but keep going.
It is.
Okay. It has sovereign immunity what does that mean it's
above the law it's its own country right it's its own country it has its own police force
and essentially other than one of its staff being in a car accident or
you know minor things no one has the legal authority to move against it. Okay, that's sovereign immunity.
That's number one. Number two, it can move money and hold it on its bank, on its balance sheet
and manage money secretly. So if I want to, and I'm grossly oversimplifying, if I want to
steal 21 trillion from the U.S. government and park it on
the balance sheet of the BIS, it can move it anywhere in the world and it can keep it on its
balance sheet secretly. Why would there be an organization? First of all, where does its power
click? Who empowered it to have sovereign immunity? It was created after World War I
and sort of collected its powers
and got going in the 30s.
And it was created in theory
to manage the reparations of the German government.
But if you read the real history,
it was because the Bank of England
and the central bankers
wanted an entity that had sovereign immunity.
They wanted to be able to move money secretly.
So for example, if you look at
what happened during World War II and all the money that was moving back and forth between the
Germans and Americans, you know, Dulles was over in Switzerland helping to match all these transfers
back and forth. So, there's a wonderful book called The Tower of Basel by a wonderful Hungarian
journalist where he documents and describes the whole history of the tower of basil by a wonderful hungarian journalist where he documents and describes the
whole history of the bank of international settlements and if you want to understand
power in this world understanding the how the bank of international settlements and the and the
plumbing of the central banking system works is very very important i've always been worried that if I knew more that I would become mentally ill.
No.
No.
So I just have to say that reality is sort of the door that you open to find real solutions.
So there are real solutions.
And the biggest obstacle to implementing them is nobody wants to face it.
So I used to have a pastor who would say... Nobody wants to face the truth of how things actually work.
Nobody wants to face the truth. And I understand that because the hardest thing I ever had to do,
Tucker, was look in the mirror and say, I'm the patsy. I was the assistant secretary of housing.
I didn't know, and I went along, and I didn't face this. I should have seen this faster. I should have said, I'm the patsy. And sometimes
it's harder than facing death to admit that you've been part of a big lie and you've been tricked.
As someone who advocated for the Iraq war on television, I've lived this to some extent.
Oh, no.
Yes, I did.
Well, you know, part of facing this is you have to forgive yourself. You really have to.
But I used to have a pastor who would say, if we can face it, God can fix it.
Because you have to understand, we can't fix it.
There are many, many things we can do to change the course.
And I believe ultimately freedom can prevail.
And there's many things we can do to help that happen.
But ultimately, this is a spiritual war, and you have to call on God, you have to call on the divine, and that's where the battle is ultimately going to be decided. And that means, literally, I believe this is true, the divine intelligence cannot go to work unless we're willing to face it. You know, we have to look at it.
We have to pray.
We have to ask for help.
And we have to deal with it.
And the solutions, the real solutions will be cultural.
There'll be millions of people acting in their own life, refusing to be controlled, you know, individually.
Very, very wise what you just said.
I think it's true. and thank you for saying that. I want to just go one more time to the space question. So you said that people with power at the central banks decided that we need to sort of colonize space or move towards space. Did that happen? So here's what happened. And we have two wrap-ups and I think I sent them to you. One is we published in 2015 called Space Here We Go,
and it's got a picture of a businessman, you know, taking off in a spaceship. And then we,
in 2017, after a couple of the big investment banks wrote big things about space investment,
we wrote one called the
space-based economy and then we we track space on Solari report so I would refer
you to that but I think I think you know first of all you've seen a lot of
capital centralized into a few billionaires who then reinvest that money in space.
So Musk, Bezos, you know, so clearly there's a centralization of capital and a reinvestment.
So the idea of space is what, I mean, just biggest possible picture.
Why would you be interested in space?
I say this as someone who's not.
Right.
So let me give you a couple reasons why.
First of all, you're looking for,
the miners are looking for a variety of different resources.
So there are practical reasons,
if you can get the cost down,
that you would want to do asteroid mining.
The big one, the big economic one,
is control is most easily implemented by satellites. So, you want to
put up a whole ring of satellites that combined with telecommunications can basically help run
the control grid. And not just the control grid in the West, the control grid, if you're going to
shift huge amounts of money globally, how are you going to track and enforce that your money is
being properly invested when you need a control grid globally? So I think that's part of it.
The last thing, and I don't know the answer to this, is I think there is real concern about
geophysical risks. And one way to deal with that is to make sure we don't bet the ranch on one planet.
So to that, if we could just linger on that.
Thank you for that.
That all makes sense.
If we just linger on one question.
So geophysical risks.
So we've been lectured for, I don't know, 30 years now about climate change. Climate change is obviously an ongoing feature of life on this planet.
It's just an op.
So, of course course it's not and
i think we you know people have figured that out yeah um but but that doesn't mean that smart
highly informed people aren't worried about geophysical risks they are and i know some of
them right so what do you think those risks are that honest, smart people who are interested in self-preservation and thriving, like what are the risks they're worried about?
So I think the first is a solar minimum where you get big drops in the economy and the agriculture and you can't feed the population.
Right.
Because there are changes in climate because of the distance of the earth from the sun.
Right.
And that changes.
Right.
So we know throughout history we go through periods of solar minimum.
Solar minimum is the name?
I think it's called solar minimum.
I'm not an expert in any of this.
So they are worried about climate change, but they don't think it's coming from your suburban.
Right.
It's not coming from human behavior.
Now, there are environmental problems coming from human behavior.
For sure.
That's for sure.
Right.
So, that's one.
And do you think that risk is real?
I don't know.
For the record,
I have one friend who's very well informed
who has convinced me that that is real,
that they're very concerned about water.
If you look at the history, you know, of solar minimums and you look at what it does to, you know, there was a Russian, I can't remember if he was an economist or science, that did a lot of research on the stock market and solar activity.
You know, and if you're the central bankers and you're in charge of managing the financial system that that reality would make
me very nervous so okay so i think i you know i think there's something there worth understanding
the other thing is every it appears to me if you go back through history um every 10 000 12 000
years we have you know some kind of huge disaster an extinction event an extinction a near extinction
event so i don't know if you've ever read the science fiction book three body problem
no it's fascinating it's a one of the tops chinese science fiction uh and and it's about um
i've read no chinese science fiction okay
i'm feeling very ignorant this morning no no no because i here's the thing i'm just trying
to figure out what in the world's going on yeah amen we'll start in the same place and so that
always as you know that always leads you to the most does right it does right so in one i think
it was i think the thing that got me to read three body problem was um obama made some cryptic
comment about people ought to read this book it was like
hint hint you know here are the problems i'm dealing with and the three-body problem is about
um uh uh other bodies that come into the solar system and you it's there it's impossible to
predict their trajectory and then when they do they create this catastrophic flooding and
earthquakes and all this other stuff anyway but but i think that they're whether it's a pole shift
magnetic pole shift is one of the you know theories of what causes these events um but there
is a history of near extinction events and one of the things that I've looked at, because I'm trying to
figure out, you know, between fiscal 1998 and fiscal 2015, there were 21 trillion of
undocumented adjustments in the U.S. government. If you go to our website, missingmoney.salyer.com,
we have years and years of documentation, including the government financials that show this.
And so the question is, where's all this money going? And one of the things I've looked at
in the process of looking at where all this money is going is the underground base and city
infrastructure and transportation system that's been built. And I'm sorry. Yes. So, we have built an extraordinary number of underground bases and supposedly transportation systems.
Some of these are documented as part of the national security infrastructure. I think there are many more.
In the United States? In the United States and all over the world. But from 2021 to 2023, I took one of the smartest subscribers in the Salir Report network.
And he and I spent two years collecting all the data and all the allegations on underground bases. And then we systematically went through and tried to estimate our guess.
This is totally a guess of how many underground bases,
both underground in the United States,
but also underground under the ocean around the United States.
And our estimate was 170 with a transportation network connecting them.
And what would be the purpose?
The purpose, if you thought you were going to get a near extinction event.
So, to me, there are two purposes. You have so many activities going on that you need to keep
secret that you're basically building the capacity to, for example, if you're doing a secret space program, you need to platform it from, you know, things that can't be seen.
But I think if you're worried about a near extinction event, you know, that's.
So I know nothing about this other than my only window into it.
I knew a contractor who worked on one in Washington, in the city of Washington, D.C.
And I remember him telling me about a power box, like a transformer box on Constitution Avenue that he told me because he worked on it personally, was actually the exit, the egress from White House.
That was kind of by vehicle.
I thought that was, I was like, really? He goes i i installed it i know and i thought well that's kind of crazy that in the middle of
this big city where i live i lived in that was on constitution avenue every day that you could
build something like that without me knowing it under the vp's house at the naval observatory
same thing i think most people know that next to my brother's house on Macomb Street in D.C.
So also so like but that's I always thought that was like preparation for nuclear war. Like I
didn't really think about it. Yeah. It's preparation for catastrophe. So but you think that there are
facilities like that in other places outside D.C.? Oh, yeah. So if you're interested, we have a great
interview. I did
an interview of Richard Dolan on underground bases on the Solari Report, and it's sort of
an introduction to the topic, and it's based on a lot of the research of a guy named Richard Sauter,
who is very hard to interview. So, Richard kind of went through all the material. And um you know clearly it's i don't know if you ever saw washington posted a
project it was in 2010 or 12 called top secret america and one of the reporters it was a team
of two reporters one of them put together a database of all the different top secret
installations that had been built in the country, including since the Patriot Act.
And what you saw was just this explosion of money
in building so many both underground and above ground facilities.
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Just as a theological matter, I hate to say this,
but I think it's true.
If you're building a lot underground,
you're on the wrong side.
I just don't, I don't think that's a good sign.
So I'll tell you a very funny story.
I mean, right?
I mean, like, just like, let's just, the obvious first.
That's not good. So I'll tell you a very funny right i mean like just like let's just the obvious first that's not good so i'll tell you a very funny story um so in uh after i left the administration uh after i left the bush
administration i went on the board of sally may and um i'm on the board of sally may and after one
of the first meetings there's a wonderful stop i don't i you've been talking about underground bases and colonizing space and you clearly seem totally sane but i'm
sure some people like well she's obviously crazy i should have set the stage at the beginning with
your biography like you're as mainstream you're on the board of sally may you're a partner at
dylan reed it's like right you're not just like on the internet right i'm sorry i just want to say i just want to say that this is like a former high level
federal official who's on the board of sally may and a partner at dylan reed okay i just want to
say that out loud okay so so i'm on the board and there was a lovely chairman a really lovely guy
and he comes up he says can i talk to you after the meeting? And I said,
sure. And he pulls out this big, glossy brochure for the Council on Foreign Relations. And he said,
the time has come for you to join. And he said, we want you to ask Nick, Nick Brady, to sponsor you.
And I said to him, you know, Sam, I just don't want to do this. I just, I really don't want to
do this. And he looked shocked. And he said, you don't understand. If you don't want to do this. I just, I really don't want to do this. And he looked shocked and he said,
you don't understand.
If you don't do this, you're out forever.
And just at that moment,
just at that moment,
you know, it's these moments when things come to you.
I saw in my mind, I'm very pictorial.
I saw in my mind a locker in the underground base
and they were taking my name off of the locker
and i thought i thought you know if it comes to that i'll take my chances upstairs with the way
boy yeah me too and i said and but it's this it's a you know something it's at the deepest
root it's a spiritual and cultural question totally agree who's cowering underground like in the dark places no there's
but to me there's nothing wrong with going into a bunker if they're bombing okay you know i don't
have a problem with that but i i really didn't want to be with all of them in a concentrated space
it was like no i'd rather and you know them at this is you're not guessing at this like you
know a lot of these people i know a lot of these people.
I know a lot of these people.
And the one thing I will have to say, if there's anything I learned from my history,
the problem is not they are bad and we are good.
That's not how this works.
The evil and the good is threaded at every level of society,
every community, every enterprise.
It doesn't work like that.
Well, I'm not especially good.
I know that.
I know that for a fact.
So...
I think you're pretty good.
Yeah, but of course,
you know more about yourself
than anyone else does.
And I know that
what a flawed person I am.
So I'll never
declare myself on...
Right.
On, you know,
I'll never say God's on my side.
I'll say I want to be on God's side.
Right, exactly.
It's an open question.
Well, it's a journey.
It's never over.
Right.
And we're not perfect.
And you try every day to do as good as you can.
And it's like baseball.
You get some hits some days, and some days you strike out.
But you believe that there's a whole constellation of underground bases built by the u.s government uh in the united states like that fact alone just the physical infrastructure of it because
normally talk about what are they doing it's expensive well it's unbelievable and like it
raises lots of practical questions how do you ventilate them what about food and water supply
you know where's the energy are we using breakthrough energy or where's the energy come right right because i'm sure that we have the ability to
to produce breakthrough energy at very low cost you know if you go back why are you sure of that
um my dutch partners uh i met because they were doing a series of conferences on breakthrough
energy and they brought together breakthrough energy inventors from around the world.
And you can see all the videos up on the internet
and really went through the history from Tesla on
of different inventors who have discovered
and claimed different innovations with breakthrough energy.
And I'm convinced that this energy exists.
And I'm also convinced if you look at a lot of the
really fast ships,
you know, flying around the planet, you know, that they, you know,
they're not using classical electricity.
They're not using.
Right.
So, you know.
They're not running on diesel.
Right, exactly.
Right.
So.
Yeah. So we know that these, I'm sorry to, I get so caught up in the details, but we know that there are quite a number of large underground bases in the United States. We can state that as fact.
Right. power grid, you know, if they're pulling off just a conventional natural gas electricity generation
station, you could like know that and measure it, but you think they have independent energy
sources. Of course they do. So one of the questions I have that I think is really important
is when you look at breakthrough energy, if you were running the planet, so I have this nickname
for the committee at the top, Mr. Global,
if you were Mr. Global, you would not want to implement breakthrough energy on a widespread
basis for a variety of reasons, one of which is everybody got a hold of it and weaponized it,
it could be very dangerous. Why? My understanding is that literally one small group of people could take this, you know, with no sovereign powers or,
you know, just organized crime and use it in a way that could weaponize it and make it very
dangerous. I don't, I'm not a scientist. I don't really understand.
Right. But energy by definition is dangerous. You know, gasoline's dangerous.
Right.
Right. Electricity is dangerous. Of course, nuclear energy is dangerous.
Right. But if you're the risk manager and you're in charge of managing the planet, this has more disruption capability, both weaponization, economic.
Suddenly, everybody is free to do whatever they want, and so they're much harder to control.
So if you're Mr. Global and you have the capacity to dramatically lower the energy cost, the other danger is then population skyrockets and you're concerned about that.
So if you're Mr. Global and you're worried about what will happen if you bring this technology out population to be environmentally responsible or politically
responsible then complete control so i have a we have a good mutual friend who's been bothering me
for years to interview you you've got an interviewer i'm so glad well just because she's
he said this is like the best informed smartest most reasonable mainstream sane person i know
of you,
he said this and I was like, yeah, okay.
Anyway, I'm just really glad we did this interview because you're blowing my mind up and down.
So how convinced are you that breakthrough energy, alternate forms of energy,
non-publicly disclosed forms of energy are in use by the U.S. government?
I think there's a very high chance that they're in some kind of use in a very controlled, secret way.
Yeah, well, there are tons of indications, and you've had a number of people, like at the contractor level,
like I'm a federal contractor electrician or a concrete guy concrete guy or whatever and i was working on this underground facility there are a number of people who come
forward to say this and i saw what appeared to be some brand new form of energy i didn't understand
right insane people too sean ryan who's a friend of my wonderful guy honest man
he was a podcaster interviewed did an interview with this guy was just like a
just a random blue collar guy i think he was a concrete guy, did an interview with this guy. It was just like a random blue-collar guy.
I think he was a concrete guy.
And he got a call for a million yards of concrete or whatever
and went to this underground facility, DOD facility,
and saw clearly signs of some energy source that defied the laws of known physics.
And there are a bunch of people who have said stuff like that.
So I don't think it's crazy.
I have two businesses.
One is the Solari Report.
The other is Solari Screens.
I do an investment screen.
And I think, you know, a lot has to shift in investment
if we're going to have a real civilization
and not misallocate.
I think we're misallocating capital terribly.
Anyway, but he, for 30 years,
has been an investor in a breakthrough energy company so
when you know has been yeah yeah and and it's called brilliant light you can go look at their
website you know and and they're really you know they swear they've got it and what is it don't ask me. Yeah. You got to get him on. So you think this money has been taken by people
who've really thought through the future
and are determined to survive it?
So I think, I call it a financial coup.
I think what happened was when the budget deal busted in 1995,
they gave up on the government.
They just said, you know,
this form of government will not work
as a governance structure to manage the dollar system.
They're right about that.
And, you know, they just felt it was impossible.
If you're a risk manager,
you got to turn the aircraft carrier before you hit the iceberg.
And that could be 20 years before.
Do you know what I mean?
And they just felt that the system wasn't working.
And it required to get consensus.
You just had to dumb people down and buy them off.
And it just wasn't working.
So I think they decided, okay, we're going to re-engineer government
on the just do it method.
And the first thing we're going to do
is we're going to pull all the money out.
We're going to put the government in a debt trap
and then we'll squeeze it and shift to the control model.
And it was a financial coup and it started in fiscal 1998.
So it started literally October 1st, 1997.
By 2015, we had reports in their financials of
21 trillion of undocumented adjustments. From a cash standpoint, it could be 50 trillion or
10 trillion. There's no way to tell unless you can get access to the bank records.
And then what happened was Dr. Mark Skidmore of
Michigan State University and I published a study, sort of a survey we had done thanks to him and his
students that announced that we were up to the 21 trillion. At that point, then the next step that
happened, remember the Kavanaugh hearings? Very well very well okay what you don't remember is during the kavanaugh hearings the white house the senate the um house republican
and democrat all of them together instituted issued an administrative policy called federal
accounting standards advisory board statement 56 yeah i did miss that i'll just say you did policy called Federal Accounting Standards Advisory Board Statement 56.
Yeah, I did miss that.
I'll just say. You did miss that.
Yeah, I was busy watching Kavanaugh yell about his teenage drinking or whatever.
And what that policy said is, as a matter of administrative policy, we do not have to
obey the constitutional provisions related to financial budgeting and disclosure.
We do not have to obey the laws, and we do not have to obey the laws and we do not have to obey the
regulations. What we can do is appoint a secret group of people by a secret process to move money
out of the financial disclosures of the United States and 150, so it's the 24 covered agencies plus approximately 150 governmental entities.
And when you throw in the classification laws and the national security laws, it also applies to the big banks and contractors working for the U.S. government.
Now, let me explain what this means as a matter of investment. When I look at the U.S. large cap stock market
or the U.S. bond market, the treasury market, I have no financial disclosure that has any meaning.
Everything's secret. I have no idea what it means. If I pick up the financials of a New York Fed
member bank that is running the New York, the U.S. Treasury Department's bank accounts,
or if I pick up the Treasury financial statements, they're meaningless. They don't mean anything.
What's missing? You can't know. All you can know is a secret group of people can move whatever,
make whatever they want go missing, and you can't know what it is it's all secret so i'm i'm looking at half the cake but i
don't know what what part of the cake is missing so it's meaningless you don't even know if it is
half right i i don't it's you know it is reached a level of absurdity where and but but the absurd thing is as a legal matter to take the position
that an administrative policy agreed upon by the uniparty can overrule the constitution
can overrule the laws and can overrule the regulations simply by
you know like the you know you you wave the wand and suddenly magically law doesn't matter.
I mean, now you're talking, and you also saw this in the financial crisis.
A decision was made by Eric Holder in the Department of Justice to not prosecute HSBC.
There's a wonderful video on the Best Evidence channel by John Titus about this whole thing.
And basically what they said is a systemically important – this is under the BIS.
There's a definition under the BIS, under the Financial Stability Board, of a financially systemically important institution.
Right. important institution right these institutions are free to break the law with no
they're free to break the law at most all they have to do is kick back a piece of the profits
to the department of justice so it's like a formal kickback system and what you're saying
is that you're taking the sovereign immunity of the bis and through the new york fed extending
it to the banks that are running these operations.
The JP Morgan and the rest, Bank of America.
Yeah.
Right.
So what you've done with the BIS, the IMF, the World Bank, the UN, you've created all
these different organizations.
And if you look at, we did like 40 in Latin America, you've created an international overlay of organizations that have various forms of sovereign immunity.
Of course, the big one being the BIS.
And so, if they are free to break the law, I mean, if you look at the financial crisis, what you're saying is these companies can lose trillions of dollars, have it replaced by the taxpayer, and keep on going.
So now is the point of the conversation where I have to ask the obvious question, which is,
who are these people? So can you name some of the people who you believe are making these decisions,
whose decisions are effectively, as you just said, above the law, have effective immunity?
Right. So that's the question, sort of who is Mr. Global.
Yeah.
And my experience is the bureaucracy that sort of runs things is the central banking bureaucracy.
So we've described the BIS and the central bankers.
So think of the planet as a house.
So you have the house, then you have financing the house, that's the mortgage.
Then you have the insurance, and you the mortgage. Then you have the insurance, and you
know if you don't have the insurance, then you have the equity in the house, right? And the
insurance layer is very, very important to make sure that the equity is protected, right? Okay.
So, you got the real assets, you've got the banking system, you've got the insurance system, and
then you've got the owners. So, in my experience, if you go to the BIS and you've got the insurance system, and then you've got the owners.
So in my experience, if you go to the BIS and you look at the systemically important
institutions and the members, you know, that's the bureaucracy that runs the debt and the
transaction system.
So the, you know, the transactions.
Because the whole thing depends on being able to swap and transact. The insurance group is very important for the
reasons you just described, same as on your house. And then the question is, who are the real owners?
And that's the mystery. And I've spent my whole life trying to figure out who are the real owners.
And basically, from what experience I've had, if you know their name, they're not one of the
important owners. Do you know what I mean?
It's intergenerational pools of capital. Now, here's what's interesting. One of the most powerful
pools of intergenerational capital that I've ever dealt with is the Harvard Endowment. And if you
look at the squabble going on over who controls the Harvard Endowment right now. It's a very interesting squabble.
Can you summarize it?
Well, you have the Trump administration and the Department of Justice now in a lawsuit with
Harvard over who has what powers over Harvard's policies. But I think the big fight is not the,
you know, an asymmetrical warfare. The fight is never what the fight's really about. The real fight is about who controls the,
so Harvard Corporation, the university is only a portion of the Harvard Corporation. The Harvard
Corporation runs the university and it runs the endowment, okay? And the Harvard Corporation. The Harvard Corporation runs the university and it runs the
endowment, okay? And the Harvard Corporation, in my experience, is one of the most important
investment syndicates in the world. And because they have a tax exemption, they don't have to
pay taxes. They spin off, I think the last time I looked, I don't know what it is currently,
but they spin off about 4% a year for the university, which is a lot cheaper than
paying taxes. And it's a great investment because the university provides all sorts of intellectual
and human capital to the investment syndicate. You know, so it's a very brilliant, elegant model.
And my theory is it was the model that was really created to sort of compete with the Vatican and the Catholics who had 2,000 years of, you know,
diplomatic immunity and no taxes. Anyway, so, but it is, the Harvard Corporation is run by
a perpetuating board. So, the board members, if a board member leaves, they pick a new board member.
So, it's a self-perpetuating board. And my guess is behind the scenes, if there's a fight, one of the fight is who gets on that board, because then you control a $50 billion plus endowment. And a $50 billion plus Markets, which is our weekly show, I said the other week, you know, if this is a monopoly board, that would be Park Place.
Because it's such a flagship in the world of investment.
It's such a major leader.
What would happen if the Congress decided to the new tax bill to tax university endowments?
Which they should do. I don't know, because that will happen at the same time something else is going to happen.
And these things are going to happen at the same time.
The thing that's going to rock the universities is if you look at how much money it costs you as a father to put one child through college,
you know, you're talking about enormous bills. And if you look at how far the universities have
gotten away from providing a great education, it's not a good investment. So when I was an investment advisor, I used to work with my
clients' kids and we would literally do something. We have a learning plan on Solari now that came
out of this. I would literally make them price time and money for each course they took by course.
And I would basically make them say, look, what do you want to do in
this life? And what are the skills and tools you need to do it? And how are we going to go get
those tools with the least amount of your time and the least amount of your parents' money?
How are we going to really, and we would come up with these wild education plans where they would
like, you know, go to San Francisco for this
audio-viddy course and then they would be next year in Budapest studying at the university.
You know, because you want kids to learn about the world and you want them to be, you know,
not provincial, stuck in...
You want them to be educated.
Yeah, you want them to be educated.
Anyway, but we would come up with these very creative things.
And what you discover is, in a world of YouTube University and access to extraordinary, you know, resources all around the world to get a great education,
the universities in the United States have gotten unbelievably bloated and unbelievably off track.
I think everyone senses that.
And they're a terrible, if you're a loving parent, they're a terrible investment.
You love your children, you want your children to be successful.
If I want my child to be successful in the world we're going into, you know, whether
it turns into a control grid or the control grid, as I believe, will fail.
You know, you want them to have an outstanding education.
And I will tell you bluntly, the reason the unipolar model failed is because we don't have a culture that can field and manage unipolar.
That's exactly right.
We don't have the human capital to run the world. We don't have the human capital, but we're teaching our human capital to adopt a culture that cannot succeed.
Exactly right.
Right.
So if you're going to run the world, you need Eaton and Sandhurst to provide an administrative class that's tough, clear thinking, has a well-defined mission.
I don't start with that. Sacrificing.
You need Christianity.
Well, both of those, you know, certainly Eden was a Christian school.
Right.
If you're going to be part of a project that is longer than a lifetime,
then you have to understand that this is about, you know, at the root,
this is about your immortal soul and your soul is immortal.
And that triggers a very different way of looking at the world and a very different way of thinking.
And then you have to be able to collaborate across time and space in very powerful ways.
That takes trust and faith.
You have to be agreement capable.
And you can't run a unipolar model, let alone a successful multipolar model, unless you're agreement capable.
So this is Lavrov's term, and this is what the Russians understood, and this is why they whooped our ass in Ukraine.
They are agreement capable, and we are not.
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Man, there's absolutely so much. Let me just move back once again to something that you said
about policymakers,
the Congress, the central banks, the White House,
giving up on the American model in the mid-90s when the budget deal failed.
I think you said it was 95.
I vaguely remember that.
This democratic system or whatever version
of a democratic system we have,
our system is incapable of self-perpetuating long-term it's
just too dysfunctional and that's obviously true it's too corrupt it's too corrupt it's too corrupt
it's clearly true everyone senses that um this isn't working we're going to get a new system
they figured that out 30 years ago the one kind of brick wall that is looming right in the
windshield is the debt is the debt meltdown ray Dalio talks about it every single day. Like we have too much debt. People are going to stop buying our debt because
it's clearly a bad deal. And like what happens then? And you suggested the control grid is in
part designed to manage the population during that moment, maybe? Yeah, in part. Yeah. So if
you want to move people to a much lower economic footprint, let alone do it on a shocking basis, having complete control is obviously very convenient.
Okay, so the bottom line is everybody's about to get a lot poorer.
Not everybody, but the majority is about to get a lot poorer.
Depends on how they do that.
If you bring out breakthrough energy, you can soften the blow.
There are many things you can do to soften the blow. It doesn't have to be like Russia in 90 and 91. That's exactly what I was thinking.
It doesn't have to be. Can they do it that way? Yes. So, it comes down to who governs and do they
want to do it. You know, one of my favorite lines is from Tina Turner. She says, we can do this nice
or rough. And we could do it nice and we can do it rough.
There are ways of doing the control grid nice and we can do it rough.
And what are they planning?
I don't know.
To a certain extent, remember the way, in my experience, the way they govern is they have targets and goals.
And then, you know, you sort of make it up as you go.
And sometimes it works.
It's very fluid. So I wonder if the AI, if the data center boom, which really is the only sort of crackling, sparkling piece of the real estate market right now, I think it's building data centers, development market.
Just call them control grids.
Control grids.
They're control nodes.
I'm totally opposed to it.
But massive bets, economic bets on the success of ai right and the missing
piece is energy and how do you power all that and we're already as you pointed out in analysis i
really have to you have to bring out the breakthrough that's what i'm saying so like
either they're going to build it on coal deposits in wyoming or which is going to be kind of hard
because they're going to have to say all that climate stuff we've been yelling at you about for 30 years is total bullshit. Now we're burning coal.
I don't know if they can... Well, there was just an article in Bloomberg that Texas needs 30 new
nuclear plants, and the Chinese are building enormous numbers of nuclear plants.
Yeah, and there are risks in nuclear. I mean, I'm a right-winger and I've always defended
nuclear, but let's be totally honest. It's not risk-free, big time. Well, here's the thing.
How do you govern and manage nuclear plants with leadership that's not agreement capable
completely and and also like in a country that's not turning out enough people in the heart not
enough engineers um right so no there are huge problems with that and um but that's like that
question is being forced on policymakers like what do you. Like, what do you do about energy?
What do you do about energy?
And wind and solar, like, we're going to be laughing about that in five years because it's just silly.
Well, one of the things you can do about energy is depopulate.
Right.
And I know for a fact, I'm not guessing at this, that there are people running countries around the world who've thought about, like, what does AI mean for my population?
It means I've got too many people.
So this is something, I know this for a fact, I'm not guessing,
that leaders of countries are talking about between each other.
Like, I know that.
And I'm not saying they're committing genocide or whatever,
but they know that they're about to be far fewer people.
They're just looking at hard statistics.
They are. That's exactly right.
So there's another thing that I don't understand very well.
I've just listened to people.
But if you listen to Sean Parker saying, I'm going to live to 145,
or there's an interview where the president's son-in-law says,
you know, we're going to be the last generation to die
or the first generation to live forever.
So you clearly have a group of people biohacking who
think they can engage in massive longevity it makes me want to start smoking again i'm just
being honest i don't want to be i just want to move i want to pivot away from that level of soul
destroying hubris right because that's what that is i'm god no you're not and you're going to find
out the hard way that you're not so So, it does make me want to smoke.
Right. But what I'm saying is, if you truly believe you can do that, and you're not going to allow the general population to do it for environmental reasons, then you would be for depopulation.
Of course.
Right.
That's totally true.
So, this is, again, far-field. Do you think there's evidence that people will be living to 145?
I have no idea.
I don't either. I don't really care.
In other words, there's a whole set of scenarios I don't care about. I'm interested in freedom.
And I believe that the only way we can be free is through a culture
that embraces the divine and builds true wealth, enduring wealth,
and living wealth, not just financial wealth. What is true wealth, enduring wealth, and living wealth, not just financial wealth.
What is true wealth?
True wealth, well, you know, because I would say you're truly wealthy.
I feel I am.
Right.
I don't have that much money, but I feel that way.
Well, it's an integration of living equity with financial equity.
And what I learned being a financial advisor is that everyone had been
taught to build financial equity and they couldn't integrate it with living equity. So you'd work
with somebody who's, you know, worth millions of dollars who said they couldn't afford organic
food. I was like, are you crazy? You know, the number one thing that causes a diminution of
family wealth is health problems and, you know,
healthcare fraud and healthcare bankruptcies. It's like, you know, please take a million dollars out
of your bank account and start investing in really building, you know, doing everything you and your
family need to be really healthy, you know, to have perfect water, to have great food, etc.
The other thing I discovered was, you know, everybody was perfect water, to have great food, et cetera. The other thing I discovered
was, you know, everybody was trained to put their money in the national security state instead of
helping their kids buy homes and integrating with, you know, building the living equity. So,
my mother's family were Quakers and you didn't even think about buying stock until you sent
all your kids to the best Quaker schools.
You know, that was like, that was first.
So you think it's, you're dropping so much here.
I'm just trying to pause, like tease out certain themes, but you think it's wiser, you know, if you have children, you care about them to help them buy homes than it is to.
Absolutely.
Who's, so can I, there are two stories i'm dying to tell you please okay during the litigation um you know you get in the situation what litigation so i litigated with the department of justice for
11 years or actually it was it was some of that was fisticuffing with the tax guys but
anyway so so i had the sort of enemy of the state process.
I had 18 audits and investigations, 12 tracks of litigation,
a smear campaign, and physical harassment.
So they didn't like what you were saying?
They didn't like the idea that I would try and stop the mortgage bubble.
They really wanted to have a mortgage bubble.
And we were doing things to bring disclosure.
It's called place-based financials. I really believed that if local communities could see how all the money
worked in their neighborhood, that we could change things. So, for example, I would constantly,
when I was at the Department of Housing and Urban Development, I would find neighborhoods where we were spending $250,000 per unit to build public housing and $50,000
would buy and rehab a defaulted, a foreclosed property in the FHA inventory. And so literally,
if you could just within a four or 10 block area, you know, take that 250,000 and spend
it in the way that was most efficient in that place, you could get four or five homes for the
price of one. And it was really amazing. When I took those numbers, we did all sorts of due
diligence. This is when I was a contractor to the woman who worked for the guy who ran the $250,000 program.
And I showed it to her and I said, look, we could, you know, New Orleans, Chicago, LA,
we could get four or five homes for the price of one.
And she turned bright red and she said, but how would we generate fees for our friends?
Right.
Or how would we, you know, pay off foreign countries who flood our political system with donations if, you know, if we're actually spending it to, like, build nice houses for Americans?
Like, repair Redding, Pennsylvania.
We could be spending it in whatever disgusting Middle Eastern place.
So, if you look at place-based financial statements, there's extraordinary opportunity to just re-engineer what's already there.
Yeah, of course.
Without taking money from anybody else and making it.
So I really thought if you create, so we created a software tool called Community Wizard
that would allow everybody on the internet to just come and download the data and start looking
at how the money worked in their places in a way that you could see real opportunities.
Okay, so let me tell you two stories.
The litigation starts and literally you go from being very wealthy and very
trusted and very respected to being an enemy of the state. No one will talk to you, nobody
will answer your phone. And suddenly all your income stops, all your income stops, your credit
stops, you're just frozen. And by yours, you mean yours. Yeah, yeah. mean yours yeah yeah so so uh anyway so you know
you you have the assets that you have luckily they never turned off my bank account so i was lucky
that way but one of the things that happened was they started i'd had a farm in new hampshire and
i sold my share to my uncle and a wonderful and very wealthy uncle who was like the patriarch.
And he bought my, and I warned him,
if you buy this, you know, they may come after you too.
And he was a very stand-up guy, very fearless,
and he said, you know, I'll deal with that.
So sure enough, I sell him the farmland.
They call him, and they say, you know,
your niece is a criminal, and you shouldn't be doing this,
blah, blah, blah, blah. And they said, we want the financial records from the farm.
We want all the financial records of the farm. And he said, well, send me a letter so I can give it to my lawyer and I'm happy to send them to you. So, they, you know, and this is the summer farm
where all the family goes. Anyway, so, instead of sending him a letter, they show up at his house in Portsmouth, New Hampshire at 9 p.m. at night, three FBI guys and a HUD IG guy with a subpoena. Should they drop me because they don't want to be targeted? And he said, well, you know, she always helped us. So it turned out, I counted it up. At that point, I had lent or given to family and friends $250,000. Just, I made a lot of money.
I loved making money and people needed help.
And that's what money's for.
So that is what, to restate, that is what money is for.
So I just always, I hadn't even thought about it.
By the way, your average like 23 year old NBA player
who's floating all of his cousins and single mom,
he understands that better than your average rich person.
Your obligation is to your family and including with money. right some of us are lucky some not amen right so so
he said she helped everyone so i'm going to help her and it took 11 years but at the very no it was
2006 so that was about nine years.
At the end of the process, when I won the litigation, we got money coming in.
I sat down to either repay everybody who loaned me or gifted me money, or almost everybody.
Some had just gifted. And I counted it up, and what I realized is I had come into the litigation having loaned a quarter of a million.
And then over the next nine years, exactly a quarter of a million had come back.
And it wasn't tit for tat.
I mean, it was different people, different things.
You know, some had gotten said, well, I guess she needs it back and repaid it.
Or some had just gifted it because they knew I'd gifted. And literally, I put a quarter of a million out and a quarter of a million came
back. And Tucker, if it wasn't for that money, I wouldn't be here. I would never have made it
through. And it was because it was in the people bank and they couldn't shut the people bank off.
You know, they could do all sorts of things to shut off all sorts of resources and income, but if it's in the people bank, in the people you love and trust, you know, it comes back.
I love that.
Yeah, it's great.
So, when I finished the litigation, I'd had a 401k that I'd had to bust. It had $500,000 in it. I'd paid $225,000 in fines and taxes to get it out. Well, I don't
think they thought, they put my 401k under audit so I couldn't use it to finance the business.
It was dirty tricks. Anyway, so I take the money out. So my accountant, when we get the settlement
money, she said, let's fund up the 401k. I said, no, I'm never going into
business with the US government again. No way. I don't want any of those vehicles. I'm out.
And I said, but the other thing is I'm taking that 500,000 and I'm bonusing it out on the people bank
and I'm going to start a new business and I think that business will be successful.
So I don't need that 500,000. It'd be nice, but I don't need it. But I need to get that money back, that people bank, because that
is the only bank in this world I trust. And so, you know.
Ah, that's like a beautiful story.
Well, here's the question. And I used to always say this with my clients,
who's going to be there for you? Right? Who's going to be there for you right who's going to be there for you that that's the people bank
and you want to invest in the people bank now it may not be money it may be time it may be help it
may be there's a wonderful book called family wealth by a guy named james hughes i don't know
if you've ever heard of it or seen it and basically what he does my great uncle didn't like the book
so much he said you're trying to turn our family into a corporation.
I said, no, I'm not.
But it basically teaches a family how to conspire together.
Basically have a dinner once a month or once a whatever and talk about what's in your heart to do.
You know, this person wants to do this.
This person wants to do this.
Some things make money.
Some things don't.
But help each other
be successful at whatever your passion is. And work as a family, you know, I always, at Solari,
we say, don't worry about if there is a conspiracy. If you're not in one, you need to start one.
And a great family should be a conspiracy where you're trying to help each other succeed. I love that. Yeah.
I mean, these are ancient and, with respect, very obvious points.
Exactly.
But I don't think I've heard someone say them in a long time.
Well, but if we're going to build a successful culture, that culture has to be good at building wealth, living wealth and financial wealth, both on an integrated basis.
So, if you come to Soleri, we have a curriculum called Building Wealth, and it has six pillars.
And we organize all of our content into and around building wealth. And because it's part
of what you have to build to build a culture that can really be part of real solutions.
So the first pillar is free and inspired life.
And so, you know, our theory is you have a goal, you have a relationship with the creator,
and you decide, you know, what's your free and inspired life?
Everybody's unique.
And in a decentralized world, everybody is unique.
You know, there's no formula, so to speak.
The second one is navigation tools,
and that's where people get burnt.
So we say in navigation tools,
there's an official reality and then there's reality,
and you need to know both.
And reality is for the management of your time and money,
and the official reality is for the cocktail party,
and you need to not get those. Don't use the official reality management of your time and money, and the official reality is for the cocktail party.
And you need to not get those.
Don't use the official reality to manage your time and money, because then you're going to get... I mean, I clean so many people up from financial fraud and healthcare fraud because they believe the official reality.
So you can't do that.
The third is risk management, because in this kind of dangerous environment everything's about keeping your risk
exactly down and that's more important than making money it's more important to lower risk than make
money so in a in a in a well-governed world we'd all be you know focused on outside growth but now
we're just we've got to be focused on preventing loss right and then the fourth is living equity and that's
all living things that's people that's family that's culture that's education you know all
the things that go into that and then financial equity all the things you know and then the last
one is to me the most important it's called turtle forth so did you get the hat the turtle forth i did yeah okay turtle
forth is about never quitting you must never ever quit and the whole goal of the people who are
trying to centralize is to get you to think it's hopeless and john rapaport used to always say, hopelessness is an op and it's planet wide.
Well, because I am actually struck by, well, by everything that you've said.
I think this could be like a nine hour conversation if we let it.
But I have one more story.
But I am struck also by your tone.
I don't think I've ever heard someone describe dark deeds with more cheerfulness. Like,
how do you not go crazy? So, you have to keep a state of amusement. I mean, it's,
I really, you know, one of the most breakthrough moments for me in the last 20 years was when I
realized that it was okay to be happy no matter what was going on. And sometimes you can't be,
it's so horrible what's going on. But I'll tell you exactly what had happened. I had a wonderful
church where I studied spiritual warfare for two and a half years at the beginning of the litigation,
and it was that training that saved my life. But I was at a sermon, and there was a co-pastor who had very long fingernails.
And she was very angry, and she was shaking her hands with her long fingernails.
And, you know, sometimes when you're in a big church and they point right at you,
and she said, she said, she said,
the devil can have my house and the devil can have my car,
but the devil cannot have my joy.
And it was like I exploded in my head and i said
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So it's a conscious decision not to allow that joy to be stolen from you. Right. And sometimes it's hard. Did you ever see The NeverEnding Story, the movie,
The NeverEnding Story? Read the book. So it's a wonderful child's story, the movie, the never-ending story, read the book. So, it's a wonderful child's
story where the child is the protagonist and he's fighting a force in the universe called
the nothing. And the nothing is running around the universe sucking meaning out of everything.
And it's hard when you're dealing. And if you look at this digital control,
it comes with an energy that's
very demonic and and sucking meaning out of everything and they're very good they're masterful
at turning you know turning allies against each other the divide and conquer thing is really
heartbreaking it's happening right now on the right i see it yeah and um so you're up against
the nothing and so sometimes we'll come together in a team meeting and somebody will say
i've lost my state of amusement and then the team's job is to help them to get it i've lost
my state of i've lost my state of amusement and it happens i can't you know but it is i think of
this of myself where you know i've had my amusement taken from me a number of times.
But I always think to myself, like, if you're perennially shocked by evil in the world, like, you're a child.
You're an idiot.
Like, what did you think this was?
Like, don't be naive.
There's a lot of evil in the world.
There always has been.
Don't be shocked by it.
Laugh in its face.
You're always going to be shocked by it.
Oh, I am.
You're always going to be shocked by it. I'll tell you why you're going to be shocked by it oh i am you're always going to be
shocked by it i'll tell you why you're going to be shocked by it if you understand if you understand
love you can't fathom why anyone would would reject that yes And embrace evil because it's so stupid.
It's so wasteful.
It's so, as my mother used to say,
it's so unnecessary.
You know, it's just like,
you just can't fathom why anybody would do it.
You know, I watch the folks who are in the financial system who are deeply corrupt
and just constantly take and take and take, the plunder team. And I think, how is that?
To me, what they're doing is not fun. I love- It's not fun.
It's not fun. So, I will tell I will tell you, I would, my gift,
everybody has a gift. My gift was an investment bank. I was absolutely fantastic. I was just
really, really good at it. And the heartbreak for me was when I got, had to leave the establishment,
I lost the ability, you know, it's like a painter and you lose your ability to paint you can't get access to colors anymore so but i loved it and when you do it in the right way two plus two equals 20 and it's so exciting
yes it's the best feeling in the world it's like uh oh i've lived it yeah yeah so when vanco it's
my theory when vanco finished a painting that it's what's like, wow, you know, it's great.
And you watch these guys do the fraud
and destroy, you know, all the mortgage fraud
and it destroys neighborhoods and it destroys family.
And it's just, it's like a lose, lose, lose.
And you think, that's no fun.
No, and they're not happy.
I know a number of them. um i had a conversation with ray
dahlia who i do like i don't agree with him and everything but i do like ray dahlia and he's got
more perspective on life he had lost a child i think he was forced to kind of think through
what matters and i asked him off camera recently like do you know i know a lot of miserable
billionaires i know a couple of happy billionaires but how many happy billionaires do you know he's like i know a few like i'm i'm
actually pretty happy but not that many and that that's a tell right that's a tell and i i will
tell you the debt is a symptom it's not the problem that what's the symptom the debt yeah
the debt the debt is a simple yeah it when there was 21 trillion missing as of 2015, when we published that study in 2017, there was 21 trillion of debt.
Now, first of all, remember, the Treasury can just issue currency.
They don't need debt to create the currency.
And in fact, I would say historically, the greatest currencies are fiat currencies that are not debt-based. So our problem is the debt-basing. But let's just
grossly oversimplify and talk about what that means with the 21 trillion. So the Treasury
sells Treasury bonds to our pension funds, moves 21 trillion into the bank accounts at the New York Fed member banks for the Treasury.
They're the depository.
And then the $21 trillion disappears out of the back door.
So it's just a straw that's sucking our pension fund money into, I call it the breakaway civilization. And meantime, we as taxpayers are now obligated to pay the debt into that we owe our pension funds, and the money is gone.
What do you call it, the breakaway civilization? a decision to create a parallel system.
You know, first it started with the black budget,
but it grew, you know, call it the national security state.
But to build a civilization that literally was separate
and not subject to the laws of the existing ones.
So if I'm running a company and I want to bring up new systems,
I'll bring up the new systems while I'm running the old,
and I'll run them in parallel,
and I'll move things over slowly,
and then at some point I bring the current thing down.
And to me, that's what the financial coup was.
You're moving the money out of one system
and putting it in another.
So in theory, 21 trillion is enough at a 5% interest rate
to basically finance a private government, if you will, right?
I'm not saying that's what happened, but in theory.
Do you think it did?
So, when I was at HUD in 1989, it was late 89 or early 90,
I was in a meeting with the secretary and we had brought all the regional
administrators in for a meeting with the secretary. And he was very upset because the regional
administrator from California had implemented something in response to a court decision.
There was a court case in the court of appeals and they decided, okay, you got to go to the right, and so he had implemented that.
And the secretary was having literally like a manic episode, screaming, a huge temper tantrum, screaming at him.
And finally, this guy said, but Mr. Secretary, it's the law.
And he just exploded with fury, and he said, the law? The law? I don't have to obey the law. And he just exploded with fury and he said, the law, the law, I don't have to obey
the law. I report to a higher moral authority. And just at that moment, it was like, remember
the scene in Eyes Wide Shut when you first walk in on the, you know, the secret society doing their occult ritual. You know, you had this image of, oh, you know, he literally,
he doesn't have to obey the laws of the United States.
He's operating under a different governance structure.
People feel that way.
Right. And that, you know, there are many,
there's a very famous story of Lincoln when he's talking about what he wants to do to implement the Reconstruction policies.
And he tells a story about a young child saying, you know, if I throw the fish back, dad will get mad at me.
But if it slips from my hand accidentally and you grab it,
then dad won't be mad at me.
And the implication of the story is that Lincoln has a dad that he can't buck.
And we're back to the question, who's dad?
It's the same question as who's Mr. Global.
And you've never gotten closer to the answer?
Or you've never settled on an answer? Here's my guess. So, I once did a two-hour interview on the Salary Report on
who is Mr. Global where we go through all the different theories. So, I think literally you
have intergenerational pools of capital which meet and work by consensus. You know,
it's a committee system, and they do have a set of rules. And what I don't understand,
I think their challenge is they're risk managers. And they're constantly pulling out a lot of money,
and they always need to get that dividend. And the question is, why do they need the dividend?
Where's the money going?
Because they're constantly running the financial system to extract extra money.
There's always disappearing money.
And the question is, why and where's it going?
And you think it's going to infrastructure projects?
I think it's going to infrastructure projects.
I think it's going to big investments like, you know, building the control grid is a big one. And one of my questions on the financial coup is, are they literally
setting up an endowment so they can run, you know, the world on a global governance that's
a dictatorship with an endowment? So, it's the, you know, it's a bigger endowment than anybody else's.
You said a couple minutes ago that the debt, the U.S. government's debt, which I think even people who are not interested in this stuff are aware that it's there and that it's a problem, is not the problem.
It's a symptom.
What did you mean? If you look at our current model, it is not being run on an economic basis, and it's getting much worse, and it's getting worse steadily.
So let me give you an example.
Our military budget this year is approximately $850 billion, and the president wants to take it, or the secretary of defense is saying we've got to take it to a trillion our hhs budget is 1.8 trillion dr skidmore just did an analysis if we went back to 2010 levels of disability we would lower that by half a trillion dollars
half a trillion half a trillion so america is i call it the great poisoning
we've poisoned ourselves and it's blowing the budget and it's not just blowing the budget of
the federal government if you look at family budgets it's blowing their budgets you know
poison people are not productive and and their health care costs can be very expensive and you
see that at the federal level and you see that at the federal level, and you see that at the state level, the local level, and the family level. That's got to be dealt with. But, you know,
if you look at the budget right now, its expenses are skyrocketing, and it's skyrocketing because
the fundamental model of what we do and how we do it, it helps to centralizeize but it's not economic and so you got to change that now
what we do and how we do it or do you mean how we live right so now i get to tell you my last story
okay i can't wait okay this is called the red button story and if you put my name in on the
internet you'll get you know a copy of the story. Because it
happened to me in 2000. I was asked by a healthcare practitioner to give a presentation called How the
Money Works on Organized Crime. And it later became a very famous article called Narco Dollars for
Beginners. And it was meant to be a light, funny description of the intersection of organized crime flows
with Washington and Wall Street.
So I have an online book called
Dylan Reed and the Aristocracy of Stock Profits
that is a case study that teaches people.
It's designed to be like a business school case study
that shows you that intersection
between illegal cash flows and Wall
Street and Washington. Anyway, so I'm in the middle of the speech and I'm describing the
congressional testimony on the Dark Alliance allegations that happened in 1998. And at the
time I was helping a reporter do research and she was covering the hearings. And a spokesperson for
the Department of Justice told her, so I'm in the middle of the speech, and there are about 100
people. And the conference where I'm speaking is a conference that happens once a year by this group.
And the focus is on how we evolve our society spiritually.
So this is a very spiritually committed group of people who want to evolve our society spiritually.
Okay. So I'm describing the fact that a spokesperson for the Department of Justice
told this reporter I was helping that the US economy launders 500 billion to a trillion dollars
a year of all illegal money.
So that's narcotics trafficking, that's financial fraud, that's everything, it's human trafficking.
And the number is now much, much bigger.
But they were describing the fact that the U.S. economy and financial system is the leader globally in laundering dirty money. So I said to this wonderful group of spiritually evolved people,
what would happen if we stopped being the global leader in money laundering?
And we had a little conversation.
They said, well, you know, the money would leave the New York Stock Exchange
and go to Singapore or Zurich or London,
and we might have trouble financing the government deficit because we,
you know, now we borrow over half of the money currently. And so, we, you know, our taxes might
go up or our government checks might stop. So, I said, okay, let's pretend there's a big red button
up here on the lectern. And if you push that button um you can stop all hard hard narcotics trafficking
in your town your county your state tomorrow thus offending the people who control 500 billion to a
trillion dollars a year of all dirty money in the accumulated capital there on who here will push
the button and out of 100 people dedicated to evolving our society spiritually guess how many
would push the button I don't know one the other 99 would not push the button so I wouldn't keep
all those kids from dying yeah it would so wait so so I said to them I said why would you not push
the button so we had a little conversation they said we don't want our taxes to go up we don't want our government checks to stop and we don't want our 401ks and iras to go down
so if i had voted there would have been two pushing the red button so what i discovered that day
the problem was that not that they wouldn't push the red button but they wouldn't go into the
invention room and have a an honest conversation about what the real problem was and how I call it how we turn the red button green, how we make money pushing the red button, because then we can push the red button.
And you have to push the red button because you cannot become wealthy liquidating your children.
You cannot become wealthy by poisoning your children and your people. And yet,
that's what we've been doing in America for decades now. And now here's the political problem.
If you're the new president of the United States and you walk into the Oval Office,
your political guy is going to say to you, Mr. President, the American people just spent
billions getting you
voted in as president, and now they want payback. They want their government contract. They want
their privatization. They want the coal increase on Social Security. They want a community block
development grant. And you're going to turn to your Secretary of Treasury and he says, well,
you better be nice to the people who control $500 billion to $1 trillion and the accumulated
capital they're on. And of course, the number is much bigger now.
Now, how are you going to press the red button?
You can't.
And if you look at the history of politics in America, the history is everybody wants their check and they want the story of I am good.
I'm a good Christian.
I'm not doing any of this corrupt organized crime stuff.
You know, I'm just voting.
You know, so I say it this way.
When Goldwater, the end of World War II, George Kenan said, we got 6% of the people and 50% of the resources, and we're going to have to be tough if we keep this going.
So Goldwater ran for president.
He said, we're going to have to drop a lot of bombs.
And the American people said, oh, no, we don't want to do that. We're good Christians. So, Jimmy Carter came along and
he shivered in front of the fireplace and Americans said, oh no, we don't want to do that.
We don't want to cut back. And so, the Bushes came along and said, you know something?
You all are good Christians. Here's your check. Don't ask questions. And that's where we've been. Everybody wants the story of I am good.
And the problem, you can push the red button,
you can turn it green,
but it has to be done one neighborhood at a time.
You need to take all the money in a place
and instead of spending the government money
to centralize control and on the control grid,
you need to re-engineer it to build real wealth and and
you've got to decentralize the economic power if you centralize and you create lots of billionaires
you're going to shrink the pie and that's what we've been doing and we've been making money
from poisoning each other if people want to learn more about your research and your views on things, if they want to know about the 11, you can come in and you can learn tremendous amounts from the free stuff.
We'd love to have you as a subscriber.
And we have a great group of subscribers.
What happened to me was I fell into this because I had terrible, terrible experiences with the corporate media. And so, I just started doing
shows and giving out my email and saying, if you have a question, ask me. And over many years,
the questions would come in and we'd publish the answers and, you know, it'd go on and on and went
on for free for a long time. And then finally, I got so many questions that I would just,
you know, I finally said I need to hire people. But we have
this global network of subscribers and audience who get on the site, share comments, they're
brilliant. And we help each other figure things out. And we've literally become an intelligence
network. You know, and it's all people who want to be free. And they all understand one can't be
free unless we're all free.
You know, this is an all or nothing thing. They either get the control grid or we're free.
And the only way we're going to be free is if everybody's free. It's an all or nothing deal.
And there are a lot of people now who understand this and are gathering. And,
you know, so I have many subscribers. I just know from what they say,
I have many subscribers who are your subscribers because they feel and I feel you're on the same journey.
Yeah, I'm just not a very systematic thinker.
So, my instincts tell me that you're telling the truth.
And, of course, I agree completely with your orientation.
My brain doesn't work that way.
So, it's been a true pleasure to hear all of this.
Thank you.
Well, thank you. I love your work. So thank you. I've been a subscriber from the very beginning. Underground basses.
Gathra Austin-Fitz, thank you very much. Thank you.
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