How Central Banks Plan to Control You: Catherine Fitts (Transcript)

Sometimes reformers tell you we need new laws. No, we don’t need new laws. We simply need to enforce the excellent laws we have, starting with the Constitution. Anyway, so that is there if you wanted a resource and you want to dive deeper.

The Red Button Story

So I want to tell you a story, and I’m going to use a video to do it. This happened to me in February, and it’s when I really got to the gist of the problem of why we couldn’t turn things around politically. So I’m going to tell you the red button story, but I’m going to start with a video.

You never want to have an epiphany in the middle of a speech, but I did in February. I was speaking to a wonderful group of people called Spiritual Frontiers Foundation International. They have a conference once a year to talk about how they can help evolve our society spiritually. So they’re very dedicated, wonderful people. A friend of mine had asked me to give a speech called “How the Money Works on Organized Crime.”

In the middle of the speech, I was describing the fact that a reporter who was – I was doing research for had been told by the Department of Justice that the U.S. economy and financial system launders $500 billion to a trillion dollars a year of all dirty money. So I said to this wonderful group of spiritually evolved people, “What would happen if we stopped laundering $500 billion to a trillion dollars a year of all dirty money?”

So we had a little interaction, and they said, “Well, you know, the stock market would go down because that money would leave and go to Hong Kong or Singapore or Zurich. And we’d have trouble financing the government deficit because we would offend the people who control that money and the accumulated capital for many years.” And so our government checks might stop or our taxes might go up.

So I said, “Okay. Well, let’s pretend there’s a big red button up here in the lectern. And if you push that button, you can stop all hard narcotics trafficking in your community, your state, your country tomorrow, thus offending the people who control $500 billion to a trillion dollars of annual dirty money.”

And so I said, “Who here will push the button?” And out of 100 people, only one would push the button. And I said to the other 99, “Why would you not push the button?” And they said, “We don’t want our mutual funds and our IRAs to go down in price. We don’t want our government checks to stop, and we don’t want our taxes to go up.”

And so that’s what I call the red button problem. And what the Solari mission is about is how do we turn the red button green. In other words, how do we make money pushing the red button? Because if we can make money pushing the red button, then we can push the red button.

The Presidential Dilemma

The president’s going to return to the Oval Office on January 21, and his political Karl Rove kind of guy is going to turn to him and say, “The American people just spent billions of dollars getting you elected, and now they want payback. They want their community block development grant. They want their COLA increase. They want their defense contract.”

And he’s going to turn to his Secretary of Treasury, who’s going to say, “Well, you better be nice to the people who control $500 billion to $1 trillion.” That was in 1998. It’s a much bigger number now, especially with financial fraud. “You got to be nice to those people.”

And so the question is, how is the president and their administration going to hit the red button or turn it green unless the states and the counties are prepared to do it with them? Because in fact, there’s an incredible opportunity. If you reengineer the federal money to optimize the economy instead of to institute central control, there’s enormous wealth – new wealth that can be created, including with the blessings of new technology.

But what you’re going to do in Brooklyn is totally different than what you’re going to do in Tulsa, which is totally different. I live in Hickory Valley, Tennessee. It’s going to be totally different in Hickory Valley, Tennessee. It has to be decentralized. It has to be bottom up. And of course, you know, what Washington always wants to do is centralize more power.

I’ll never forget being in a meeting with one of the secretaries, and we were meeting with somebody and trying to persuade them to go along with our legislative agenda. And he said, “Well, I thought you’re Republican. I thought they like to decentralize.” And one of the little policy wonks said, “Yeah, but we’re here now.” So again and again, Democrats to Republicans, that’s what happens.

The State of Our Currency

We published a study in 2018 called “The State of Our Currency,” and it was an overview of the dollar system and what was happening in the dollar system. One of the things we pointed out was the ability of the dollar system to extract subsidy that could, in fact, pay back or support the body politic was waning.

The other thing that was happening is as the $21 trillion had gone missing, we had failed to provide – think of that as laundry out of our retirement funds. And as people started to retire because you hadn’t provided the money in our retirement accounts that had been promised, in fact, something had to be done.

In fact, what has been done is we are steadily lowering life expectancy and bringing lots of immigrants who put more money in the system, and that is delaying the balance of the books. So essentially, what we said is the system is long in the tooth and either the subsidy has to be cut or changed and the danger is the central bankers will go to a system of total control, which is what is happening.

The Going Direct Reset

The next thing we published was something about the going direct reset. Who here has heard of the going direct reset? The World Economic Forum calls it the “Great Reset.” But in fact, in August of 2019, the central bankers met at Jackson Hole, where they meet once a year, and they reviewed a plan prepared by a group of retired central bankers through the BlackRock Investment Institute that laid out a plan on how you would reset the global financial system.

What we see throughout history, we have a model called central banking warfare. The central banks print money and then the military and intelligence agencies make sure everybody takes it and you keep the system liquid. Essentially, what you see if you go back through history, every 80 or 120 years, you do a reset. It’s like flushing the system.

Oftentimes, what happens is you also move the currency system. So the period of the Spanish flu was the last time we saw a major reset when we went from a pound sterling system to a duopoly between the pound sterling and the dollar. And then after World War II, the dollar became the dominant system.

So this is the real reset, and you can find everything at Solari. That included – we did a piece on CBDC because part of the difference – this is the most – this is a completely different reset than what we’ve ever seen. And that is because an all digital technology, an all digital monetary system gives you the ability to do something very radical, and I will talk about that in a minute.

FASB 56: The Administrative Coup

The other thing that happened – remember, does everybody remember the Kavanaugh hearings? Very salacious, very entertaining, very interesting, very galvanizing. While that was happening, the Republicans and Democrats, the House and the Senate and the executive branch agreed to something called Federal Accounting Standards Advisory Board Statement 56. Doesn’t that sound really boring? And what I call it FASB 56.

What FASB 56 did by administrative policy is said the federal government doesn’t have to obey the laws and the provisions of the constitution related to financial management.

The Financial Coup and FASB 56

It doesn’t have to obey the financial management laws, and it doesn’t have to obey the financial management regulations. Now remember, we hadn’t been obeying them since 1998 or even really trying. But literally, they adopted an administrative policy that codified the financial coup that was happening.

And what they said was a secret group of people by a secret process could take portions of the federal finances, balance sheet and income statement expenses and take it completely dark by, again, a secret process. And if you bring in the classification laws as well and the waiver powers of the National Security Director, that not only applies to the 24 covered agencies and 100 plus commissions, panels and other organizations of the federal government, it also applies to the big banks and defend contractors who do business with the federal government.

So what that means is if you’re an investment adviser, you look at the stock market and all the large cap stocks and the big bond issuers, their finances mean nothing. I no longer look at the financial disclosure of the U.S. Government because it’s entirely meaningless since fiscal 2015, which is the last time we calculated the $21 trillion.

The Missing $21 Trillion

Interestingly enough, we’ve talked this in the last two days about the debt problem. When we did the full survey that documented the $21 trillion missing from DoD and HUD, that was done by a wonderful professor from Michigan State University, Doctor Mark Skidmore, and his students.

When we published it, guess what the outstanding debt of The United States was? $21 trillion. $21 trillion of undocumentable adjustments, $21 trillion of debt. So again, we don’t have a financial problem. We have a governance problem.

So FASB 56 went into position under a Trump administration. One of the first things I would do if I was coming in is I would end FASB 56.

The Pandemic Response and Going Direct

Okay. So after you publish the going direct reset, after you publish FASB 56, what happened? We had a pandemic, and the Fed injected $5 trillion. And I’m going to grossly oversimplify.

The Fed injects $5 trillion much of that money going to centralized players and Wall Street, and then it shuts down Main Street. So you have fantastic monetary inflation, but you offset it with the deflation that comes from literally shutting down Main Street.

It’s interesting. The Biden nominee for control of the currency who didn’t get passed, had published a month before her nomination, an article in the Vanderbilt Law Review. And she said the wonderful thing about central bank digital currency is inflation is no longer a problem. If you have inflation, you just freeze everybody’s bank accounts. Isn’t that wonderful?

Central Bank Digital Currency: A Control Grid

CATHERINE FITTS: Central bank digital currency. Central bank digital – the important thing to understand about central bank digital currency in an all digital financial system is it’s not a currency. It’s a control grid.

Now the process to implement central bank digital currency around the world is being overseen by the Bank of International Settlements in Basel, Switzerland. And the Bank of International Settlements is owned by its members. The New York Fed and the Fed are both the Board of Governors are both shareholders in the BIS.

63 of the top central banks are in the BIS, and they are running a process with a major partnership with the Federal Reserve to implement CBDCs in their prototyping around the world.

In 2020, October 2020, there was a panel at the IMF on cross border payments. Jay Powell, Chairman of the Federal Reserve, was there. Augustine was there. And Augustine Carson said the following, and I’m going to play this for you in a second.

But I want you to know, I was basically raised and trained to be a central banker. I was asked to be a governor of the Federal Reserve and declined. So but I was raised that way. And one of the things you’re raised to understand is you never ever – you use pretzel talk. You never explain clearly what you’re going to do. You talk in circles.

And this was the first time I had ever seen a central banker in English explain exactly what they were planning on doing and why. And I almost fell off my chair. And if you think I almost fell off my chair, you should have seen J Powell’s face.

Augustine Carson’s Explanation of CBDCs

AUGUSTINE CARSON: On our analysis on CBDC, in particular, for the use of general to the general use, we tend to establish the equivalence with cash. And there is a huge difference there.

For example, in cash, we don’t know, for example, who is using a $100 bill today. We don’t know who is using a 1,000 peso bill today. A key difference with the CBDC is that Central Bank will have absolute control on the rules and regulations that will determine the use of that expression of Central Bank liability.

And also, we will have the technology to enforce that. Those are those two issues are extremely important, and that makes a huge difference with respect to what cash is.

The BIS Innovation Hubs

CATHERINE FITTS: One of the tremendous benefits that the BIS has in implementing this is they operate under sovereign immunity. They are protected from with rare exception, most laws and operate behind – they can keep anything on their balance sheet and keep it secret.

So they are behind the walls secrecy, and they have established innovation hubs, which also extend sovereign immunity to them. They have a committee at the BIS that designates certain financial instruments, payment systems and insurance companies as systemically important institutions.

And for reasons I can go into Q and A if you’re interested, we believe they’re extending sovereign immunities, and that’s why certain institutions, no matter what they did during the financial crisis, don’t get prosecuted.

But this is a map from the BIS website of their innovation hubs at that time. And their partnership with the New York Fed is obviously a major one, the New York Fed being a leading shareholder, both the New York Fed and the Board of Governors.

Programmable Money

Okay. So the next video, very short, is Bo Li used to work at the Bank of China and now is the Deputy Managing Director at the IMF. This was in 2023 last year. Bo Li was talking about the programmability of money, okay, the programmability of money. So let’s watch this.

BO LI: And finally, the third way we think CBDC can improve financial inclusion is through what we call programmability. That is CBDC can allow government agencies and private sector players to program, to create smart contracts, to allow targeted policy functions, for example, welfare payments, for example, consumption coupon, for example, food stamp.

By programming CBDC, those money can be precisely targeted for what kind of people can own and what kind of use this money can be utilized, for example, for food. So this potential programmability can help government agencies to precisely target their support to those people who need support. So that way, we can also improve financial inclusion.

The Reality of Programmable Money

CATHERINE FITTS: So hold up on this one. We’re not going to play it yet. So what does that mean? By programming your money in a system where we have the cloud and lots of software and AI, I can make a different set of algorithms and rules for every person in this room. I can track you.

It’s the equivalent of putting, you know, round the clock surveillance teams on you, but they’re software bots and they’re AI. And I can make up social credit rules as to how you can and cannot use your money.

And if you don’t accept my health care mandates or you don’t accept my spatial restrictions, I can turn off your money. I can tell you where to go. I can tell you how to go. I can have absolute complete control of your life. And I can do it economically because of an all digital system. And we’ll talk about that in a second.

Neil Kashkari’s Honest Assessment

Now the Fed is the financial train tracks of the Fed that our transactions run on are operated by 12 private banks owned by their members. The lead flagship is the New York Fed, of course, but you have 11 other banks around the country and then offices within those jurisdictions.

Those banks are run by 12 Fed presidents. One of them is Neil Kashkari, who was at the Treasury under Hank Paulson during the bailouts. He’s now the President of the Minneapolis Fed. Last year, he was asked about CBDC at a conference at Columbia, and here’s what he said.

NEIL KASHKARI: Seriously, so what is it that a CBDC could do that Venmo can’t do? And all I get is a bunch of hand waving. I get a bunch, well, maybe it’s better for financial inclusion. Maybe it’s better for cross border remittances. Maybe. Is there any evidence that it is?

And they said, well, what about China? China is doing it. Well, I can see why China would do it. If they want to monitor every one of your transactions, you could do that with the Central Bank Digital Currency. You can’t do that with Venmo.

If you want to impose negative interest rates, could do that with the Central Bank Digital Currency, you can’t do that with Venmo. And if you want to directly tax customer accounts, you could do that with the Central Bank Digital Currency, you can’t do that with Venmo.

So I get why China would be interested. Why would the American people want that?

The Shift in Power Structure

CATHERINE FITTS: Okay. So let me explain what’s happening. Back to the next slide. Do I need to click that? Okay.

So since 1913, our governance and management system in The United States and most of the western democracies has consisted of private bankers running monetary policy and the people’s representatives, the legislature and the executive branch who works and reports to them and follows their implements their laws, it’s a balance of power between the people and the bankers. And that is how our republic has more or less functioned for many, many years.

The process began after World War II to start to embed more and more secret avenues for secret money within the budget. That’s where the trouble started. There’s a wonderful documentary that made in The Netherlands two years ago called State of Control, and it explains sort of the whole history if you’re interested. And there’s a lot of history at missingmoney.solari.com.

But suffice it to say, what has happened is and it started in 1997, in my opinion, and the planning started before then – a decision was made by the central bankers to literally assert control of the entire fiscal line.

Because if I can use AI and software to implement a digital ID and an all digital monetary system and I can manage that centrally, just as Augustine Carson’s just told you, he can make the rules and enforce them centrally, then I, as the central bankers, can assume not just control of monetary policy but fiscal policy as well. Essentially, I can just cut out Congress, and I can cut out the executive branch.

The Contractor Problem

Now interestingly enough, we see the new administration saying they want to fire all the civil servants. Civil servants are the people who obey Congress’ rules and report to Congress. You shift them out and you put in big tech contractors and defense contractors, and they’re going to report to the central bankers and the intelligence agencies who work for them.

So when I was Assistant Secretary of Housing, I used to have month long fights with the defense contractors to get the data I needed to just see if my programs were in compliance with the law or get them into compliance with the law. I have story after story of my war with the big corporate contractors.

In 2012, when the new populist government came in and wanted to change policies, they discovered their taxes were collected by private contractors, who reported to the ECB, and they couldn’t control their own tax collections.

And that’s what happens when you use digital technology in an all digital monetary system to literally institute money that can give the central bankers at a very central level complete control of fiscal policy. That is the danger, not just of CBDC, but of a private system that does the same.

The Danger of Private Systems

So we see people talking about, well, let’s use currency. Let’s use private crypto. Interestingly enough, the central bankers still have legal obligations of transparency to the Congress. They are a creature. They were created by Congress. They have transparency obligations, and Congress can still change their authorities and powers.

And before this system rolls out, the central bankers would love to take the Fedwire private and do this all privately. And that is even more dangerous and much worse because then you’re talking about parties running it on a private basis that have absolutely no obligations under the constitution to the people or their representatives.

So at the heart of this debate is who’s going to control the fiscal line taxation, who’s going to control taxation and how our money is spent. And I assure you, if you love freedom, you want to make sure the people’s representatives continue to lead and manage the fiscal line of the house.

And that is why you want to stop a digital ID and an all digital monetary system, whether it’s a public crypto, CBDC or private.

The 12 Steps to Total Control

So let’s just look at the next slide. The I call this the 12 Steps to Total Control. If you walk around your life, your life is being digitized. Your equipment in your home is being digitized. Your car – I just rented a new car. It was I had to put Post-it notes all over the front. Was so digitized. It’s flashing at me.

But your transportation is being digitized. Now the BIS is running a process to create a complete inventory on all the assets in the world, digital assets, and they’re going to tokenize them. We have smartphones, telecommunications, surveillance. All of these can be very invasive, and it’s amazing.

I spend so much time in my life with people saying, well, I can live with a smart meter. It’s really not that much of a big problem. Or I can live with my – I like my smartphone. It’s really convenient. And why do you make such a fuss about QR codes? They’re irritating, but I can live with QR codes.

Here’s the thing on all of those things. The problem is not each individual one. The problem is the day you implement a digital ID and you implement an all digital monetary system, guess what? It synthesizes into one integrated system.

Digital Control Infrastructure

And your home, your car, your community become a digital concentration camp. So let’s go back and look at what the pandemic looks like. If I say you’re going to lock down and you can’t leave your home except on Tuesday and Thursday to go grocery shopping, your money won’t work outside your home. If I say, I don’t want you driving anywhere, your electric I can turn off your electricity or I can stop your electric car from working. Some people say you can turn it off remotely.

So I have extraordinary control. If you misbehave, I can cut or turn off your money. So we all know the story of the Canadian truckers. We’re talking about building a system that allows the Canadian truckers to now when the World Economic Forum says it’s 2030 and you have no assets, how are you going to operationalize that? Well, I’ll tell you how you’re going to operationalize that.

If you have total financial transaction controls, you can pretty much figure out how to inflate anybody’s assets or even take them. I often have people say, well, I have no assets. I don’t really care. I say, you have kids. They can take those kids away.

Or they can mandate where they go to school. Or they can mandate their health policies. Okay.

What We Can Do

So what can we do? There’s a huge amount we can do.

I daresay, if I collected up every portfolio and every retirement savings fund in this room of everybody sitting here, if we could create an aggregate balance sheet and financial statement, guess who’s financing the control grid? We are. We’re investing in the companies building the control grid. Of course, our taxes are financing the government to build the control grid. If you look at the banks we deposit our money in, we’re banking.

The bank that did all the Madoff fraud and was in complete control of the Madoff fraud, we keep banking with them. Our message to the companies building the control grid who are really running the government is as long as we get cut in for a piece of the action, we’ll support you, okay?

Now I have to tell you, if everybody got up tomorrow and said, the New York Fed is leading this. We are pulling all of our money out of the New York Fed beds tomorrow. We’ve had it.

There would be a revolution. I can’t tell you how much power we have as individuals. Control and freedom happen one person at a time. And if you go through your balance sheet and your financial statements or your actions so if you come into Solari, one of our taglines is, who’s your banker, who’s your farmer, where’s your money and are you supporting your local sheriff? Okay.

State-Level Solutions

The power is not delegated to the federal government or reserved to the states, and that is a provision that every country in Europe has spent a lot of time networking and working in Europe. I live in Europe half the year. They would do anything to have our constitution there. So jealous. But the powers not delegated to the Federal Reserve are reserved to the states.

And the states have the power to do a great deal to stop this, and they are acting and they are moving. And there a lot of the freedom fighters at the state level are very enthusiastic about what’s happening in terms of the Republicans taking control in Washington because that gives them far more support to do something. So we have a real window of opportunity.

We just published something called What the States Can Do, Building the Legal and Financial Infrastructure for Financial Freedom. We have a memo, And all of these were produced and written for state government officials and legislators.

What is financial transaction freedom? What threatens it? And what can we do about it? And why a sovereign state bank would be good for Tennessee? A wonderful study by Richard Warner, top academic scholar in the world, I believe, on central banking and banking.

There are many solutions, and there are now people in states who know what to do and are doing that, and they need your support. And I have to tell you, as the freedom fighters at the state level can get your support, and here’s what it’s going to come down to.

We did a backcasting on this layer with a group from North anybody here from Idaho? From Northern Idaho? They have the most wonderful legislators in Northern Idaho.

We did a backcasting, and one of them said, look, I really want to I really want to support the constitution, and I really want to enforce the constitution. But every year, we send $1 to Washington, and then we get 1.1 dollars back, and my constituency wants the $0.10 And that $0.10 buys us out of the law, outside the law, which is why I say instituting the financial management laws is one of the most if we want to be serious about turning the swamp, that’s item number one.

I just had a great meeting with Doctor Mark Skidmore. We were in Grand Rapids for a wonderful meet and greet. And he said, a lot of times, I feel like I’m up here on the Fiftieth Floor doing window dressing and down in the foundation, they’re digging a hole and the building is going to fall over. So that’s why we have to get deeply into where is the money and what we do about it. Okay.

The Real Opportunity

So we were talking about currency, but I want to leave you with this message. Because remember, we don’t have a financial problem.

What I will tell you is if we were free to reengineer the federal flows and come back into compliance with the law, particularly with the blessings of new technology, the wealth on this planet could be so many multiples of what it is now. The words cannot express to you how expensive tyranny is. It is a miracle that we have done this well despite the drain of the tyranny. It’s quite remarkable.

And if you look at all the simulations that I’ve done of the federal finances over the last twenty and thirty years, the price of tyranny is beyond what any of us can imagine.

So if we can turn this around, the opportunity is there. There’s no financial problem at the root of this. It’s a political problem. It’s a governance problem. It’s why I love with the school here that’s what is it, Meds, got leadership in the title.

That’s the exact important thing. But I want to leave you with this quote, which comes from a Swiss doctor who’s trying to build parallel new systems in Switzerland. He says, the currency of the future will be relationships of trust.

Personal Experience with Trust Networks

So I litigated with the Department of Justice for eleven years. And when it started, they tried to cut off all my income and all my credit and take all my assets. It was quite a war. And they I had an uncle, and I sold him a piece of our family farm to finance some of the attorneys. And sure enough, the inspector general calls him and threatens me. He says, your niece is a criminal, and you shouldn’t help her. And then and they were asking for finances on her family farm.

And he said, well, I’ll give you all the finances, but I need a written letter from my attorney. I just want to make sure this is clean. So at nine at night in Portsmouth, New Hampshire, they show up with three FBI guys and a guy from the HUD IG with a subpoena just trying to scare him to death.

So our family had a big meeting and said, you know, should we cut her off? You know, because we don’t want we don’t want the these guys coming after us.

And my uncle said, well, you know, she helped everybody all along. And so she’s always helped us. I’m not going to cut her off. It turned out I’d never done the numbers. But in this process, what I had discovered is over the prior twenty years, I had lent or gifted to family and friends $250,000.

And I litigated with the federal government for eleven years. And over the next eleven years, everybody got together and said, well, I guess she needs the money back. So they got together, and I didn’t count it up until the we won the litigation, and they owed my company a great deal of money. So I got the money.

And I was trying to pay everybody back. And I did the calculations, and I realized over that eleven years, I had been repaid or gifted exactly to the penny, $250,000.

And I would never have made it if it hadn’t been for those funds. And my CPA, when we got the money in, she said, okay, you stripped out I had to play I had had cancel the they put my 401ks under audit so I couldn’t use it to finance the company. So I busted it, paid $225,000 in taxes and used the remaining money for just make work compliance. It was sort of a dirty trick they do to you. And if you’ve been watching Trump, you learn a lot about how the game is played.

But anyway, she said, let’s fund up the 401ks. And I said, mm-mm. I’m never going into business with the federal government again. We’re going to take that $500,000 out. I’m going to bonus it out on the People Bank because that’s the only bank I trust.

So the question when people ask me how they protect their assets, my question to you is the next four to eight to twelve years is going to be rocky. Who can you count on? Who’s going to be there for you? Who in your family? Your children?

I used to have investors tell me, I can’t my financial planner says I need at least $25 million in my brokerage account, so I can’t afford my kids to go to college. I can’t help them, and I can’t help them buy a house. You don’t understand who’s going to be there who you can count on. That’s who you’ve got to finance.

So are we financing the control grid or are we financing the future of human civilization or freedom?

If you’re here, you’re making a mighty contribution to the future of freedom because you’re supporting Hillsdale. So ladies and gentlemen, thank you for the opportunity to be here today. Thank you for the opportunity to have this conversation. We have a little bit of time for Q and A.

CATHERINE FITTS: Thank you, Mrs. Fitts. We now have time for Q and A. Thank you.

Q&A Session

AUDIENCE QUESTION: Thank you for this report. It’s very informative. You can see a lot of people came because we want to hear what you have to say. This may be a difficult question to answer, but for you, maybe not. A lot of has been said about Elon Musk, coming in and cutting the national budget, finding ways the government can save money. Can you foresee that touching any of the hidden accounts, the dirty money?

CATHERINE FITTS: So Elon Musk is a defense contractor. So if you listen to much of the discussion, the criticism is the governments have been run by defense contractors, and we need to change. But if you look at who we’re bringing in, whether it’s Peter Thiel in Palantir or it’s Elon Musk, we’re bringing in Defense Contractor 2.0.

So my right now, Elon Musk is a very fashionable character. I think he knows nothing about the nuts and bolts of operating government successfully. That doesn’t mean he can’t bring innovation and creativity to the table.

But if I told you I was bringing in a defense contractor from Silicon Valley to do neurosurgery on your children, how would you feel? Right. Okay.

So there is something to be said for people who understand the federal bureaucracy is very complex. And if you take a hatchet to it, you can do more harm than good. And you can also help the deep state.

So if I wanted to put the central bankers in control, I would replace the civil service with all big tech and all defense contractors. In fact, they’re already in place. You have Amazon running the CIA cloud with the 17 intelligence agencies all in that cloud. You have them now over at DoD with Oracle and Google.

And you can literally, if you get rid of the civil service, you can reengineer the entire federal government essentially to report to the central bankers. Now there’s been a tremendous corruption of the civil service over the last ten to twenty years, but they can certainly be reformed. And huge amounts of responsibility can be delegated to the local governments and decentralized.

So there’s a great deal that can be done to reengineer government in a way that’s very efficient, good for everybody, leaves the people’s representative in charge of fiscal policy. Will Elon Musk do it?

I don’t know. I’m a skeptic. I’m not an Elon Musk fan because anybody wants to put a mesh network in the back of my head and hook me up to his satellites. I mean, let’s go back to this. I just want to go back to this chart.

Okay? So we have the digital ID. We have the all digital money. And with a mesh network in the back of my head hooked up to a satellite, I think we know where that’s going, okay? So I can’t say I’m enthusiastic about that process.

Now if it’s a transparent process, there are many great things that an Elon Musk could say and do, and they’re worth a discussion as long as the changes are made in compliance with the constitution. I have not heard one person on the transition team talk about FASB 56 and taking the book stark or talk about bringing us back into compliance with the financial management laws. And what I will tell you is that until and unless we have that conversation and do that, this is all sort of a coup. Okay.

Now I I just want to bring something up. Right now, there is a tremendous effort to sell conservatives and the heartland on a digital ID by telling you that that’s how we solve election fraud and immigration. And what I have to tell you is we had great border control, and we had good elections before digital technology existed. Okay? So don’t fall for it because we don’t need it for elections. We don’t need it for the border.

It can be useful. There’s nothing wrong with it. But if you are buying into the 57 varieties of marketing the digital ID, that is what the next step is. And if they get that, they’re very close to getting the whole shebang. So can Elon Musk come up with some great ideas?

He apparently I just saw a headline. He’s proposing that we stop funding the WHO. What a great idea and a great money saver. So I think I told everybody on November 6, the campaign starts on November 6. We have to campaign every day from here on out for freedom.

And it’s funny. Congressman Massey, who I absolutely adore, he’s constantly saying shut down the Fed. And I’m always saying to him, Congressman Massey, wait a minute. Who gets the Fed wire? Number one.

And number two, if you shut down the Fed before you get the $21 trillion back, they get to keep it. So don’t help them. And he was a great we were at a conference together at Polyphase Farm, and he said, we should shut down the Fed. And then he looked over at me, glaring me, he said, after Catherine gets her money back. Does that answer your question?

AUDIENCE QUESTION: Okay. Great. Okay. Thank you so much for all of the information and creating such a great awareness in this space. And I personally am in awe. You shared some ideas about what we can do, develop close relationships that we may need over time, support Hillsdale. You gave some other ideas about stage doing work. Are there like what three things, asides from those, I mean, there advocacy groups or to learn more about?

Practical Steps for Financial Freedom

CATHERINE FITTS: Yes. So there are tremendous numbers of things you can do. And that’s why I referred you to I want to stop CBDC, what can you do? Or the financial transaction memo because there are lots and lots of lists. And it’s important that each of us do what we’re called to do and we feel comfortable doing. And there are many things.

The first thing you can do is prayer. So I really believe in the power of prayer. And when this many people have to gather and work together, prayer really it just really helps. So the first thing I would do is pray.

The second thing I would do is I would look at your finances and make sure your finances are protected from the evildoers, okay? You need to be strong, and that means you need to strip out of your life. You need to stop doing business with criminals, and you need to stop financing criminals, okay? So you need a successful, excellent bank that’s not a criminal. You need to make sure your money is going into things that you’re proud of and feel comfortable with. And that’s a matter of going through your finances.

We did a great financial rebellion on CHD called How to Preserve Your Cash in 2022 and then another one on How to Preserve your cash in 2023.

Investing in Living Equity

One of the things I will tell you, having worked with many families, is there is an underinvestment in this country in what I call living equity, okay? So all wealth comes from life. It comes from strong, healthy kids. It comes from the soil. It comes from the living things around us.

And then it comes from great family enterprises that do something useful for many decades and generations and creates that wealth. And everybody has an opportunity in their life to invest in the living equity around them. So one of the most important things is how can you build a healthy, local, fresh food system. And that’s not necessarily to make money. That’s to make sure that you’re not poisoned.

The deterioration in the food system in this country is scary. And unless we build healthy land, rebuild the soil and really build up regenerative farming in local food markets.

Supporting State Legislators and Local Groups

The last thing you can do is we have a wonderful piece at Solari about how to get to know and support your state legislators. You have great I just Cindy, can I pick on you? Where is Cindy? Cindy, where are you? Okay. I just had one of the most awesome meetings in my life with Cindy’s daughter and her colleagues in Indiana.

You have great government officials, great treasurers, great AGs, particularly the conservative ones, great legislators. There’s a regenerative farmer in Indiana who’s going in fabulous. A great lieutenant governor whose dad was chaplain at Hillsdale. It was unbelievable. And anyway, so you have these great leaders.

And if you go to the state houses, all the bad guys are they’re working them, and the good guys are busy doing their business. They’re nowhere to be found. So find your great state legislators and support them. If you don’t know how to do that, find the activist groups that can.

So yesterday in Indiana, we met through the auspices of Leah Wilson at Stand for Health Freedom. Unbelievable group, gotten a huge amount done. There are groups like this. Weston Price is one of the great anybody here a member of Weston Price? Great food group. So find the groups that are really fighting for financial freedom or health freedom or food freedom.

One of the things we’ve always done is support the food freedom guys because you can’t control the financial transactions unless you centralize control of the food. And unfortunately, if you get financial freedom, it will give you complete control of the food.

Operation Pushback and the Freedom Movement

So anyway, there are hundreds of things I would access those resources. But again, do the thing that you’re most called to do and is energizing for you. And I assure you, we these ideas can keep you busy because part of the thing is I call it operation pushback.

In 2020, we said, something’s wrong, but we’re afraid. In 2021, we said, something doesn’t sound right. In 2022, we said, okay, we’re going to take action. And then in 2023, the lawsuits started and the treasurers started coming together and the AG started to come together.

And now if you look at this, many of those people are inspired and galvanized by the new administration, and they are rocking and rolling. And what I want to tell you is you want to come over onto the Freedom Fighters because we are having fun. It is really fun, and it’s a great group of people.

So what state are you in? Oh, you got tough politics there. They’re there, they’re there. We got we yes, they’re there. We have time for one more question.

AUDIENCE QUESTION: I wanted thank you for your talk, by the way. I wanted to ask just a quick hypothetical. Should this end up in the digital space where we’re stuck in a digital centralized currency, what happens hypothetically in a case like what just happened in North Carolina, where there is no digital footprint after a disaster or something like that, when people who didn’t actually have cash on hand couldn’t go to the hardware store? So what happens in the EMP as a potential situation when you don’t have the digital infrastructure all of a sudden?

Building Local Resilience Networks

CATHERINE FITTS: You either build local currencies in a barter network or you basically it’s voluntary cooperation, and then you scale up to barter and local currencies. If you don’t have that kind of infrastructure or create it and with it create the food, energy and other things you need to have basic real assets that will support that, the speed at which your land will be grabbed, will take your breath away.

And that is what we see happening in North Carolina. That is what is underway in an attempt to grab a lot of land. And it’s been I have to say because this is Veterans Day. And if you look at what our retired vets and servicemen have done in East Tennessee and Northern Carolina, It just it makes you love and be so grateful that you’re an American.

And it’s through that impulse that things are working. And that’s why I say the currency of the future will be relationships of trust. When that time comes, what’s important is who knows you, who has a relationship with you, what can you do to help each other, okay?

Ladies and gentlemen, thank you very much for the opportunity to be here at Hillsdale.

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