“Catherine Austin Fitts Planet Lockdown Fact Check” Catherine Austin Fitts (born December 24, 1950) is an American investment banker and former government official. Who served as managing director of Dillon, Read & Co. As the United States Assistant Secretary of Housing and Urban Development for Housing under the presidency of George H.W. Bush.
She has written and spoken extensively on the subject of government spending, alleging multiple large-scale examples of government fraud. She has been a proponent of various conspiracy theories, the most well-known of which is the ‘global technocracy’ notion. Which get up quickly during the COVID-19 epidemic and about which she saved a lengthy interview as part of the “Catherine Austin Fitts Planet Lockdown Fact Check” plan support series.
Early Childhood Life and Education
Catherine Austin Fitts was born in the city of Philadelphia in the state of Pennsylvania. She graduated from the University of Pennsylvania with a bachelor’s degree in history. She temporarily worked as a bartender after graduation until one of her customers. Who happened to be the director of admissions at The Wharton School. It converted her to continue her education. In 1978. She earned her MBA from Wharton.
The career of Catherine Austin Fitts Planet Lockdown Fact Check
1: Dillon, Read & Co.
Fitts went to work for Dillon, Read & Co. after graduation. She orchestrated a unique community bond sale to generate several billion dollars to modernize the New York Subway System. She was there in 1982. While marking the first time a government body had sold bonds backed by rider fares.
Catherine Austin Fitts became the first woman to be appointed managing director of Dillon. Read & Co. in the 156-year history of the investment firm in 1986. Fitts was recognized by Businessweek as
"Wall Street's top promoter" &
“Catherine Austin Fitts Planet Lockdown Fact Check” of public value bonds during her term as managing director.
2: Department of Housing and Urban Development of the United States (HUD)
Fitts served on George H.W. Bush's presidential campaign in 1988. He was named Assistant Secretary of Housing and Urban Development for Housing in the Bush administration. where she was tasked with restoring the department’s reliability following the savings and loan crisis.
When she first took office. She noticed that the department had an
$300 billion insurance portfolio. But only employed one certified actuary.
3: Solari and Hamilton Securities
Fitts started Hamilton Securities. An employee-owned brokerage firm. While after leaving the government, and ran it until 1998. Hamilton Securities was awarded a contract to manage
HUD's $500 billion an investment portfolio in 1993. While Fitts designed a location-based advance debt resale software tool while managing HUD’s portfolio. Which might have resulted in hundreds of millions of dollars in additional revenue for the government.
4: Commentary and writing
Fitts has studied government spending and made comments about it. She claimed to have discovered “
evidence that a very large proportion of the nation's wealth has been illegally diverted into a secret. Anaccountable channels and programmed with unspecified purposes.Including covert operations and subversions abroad and secret military R&D at home” in a 2004 study published in World Affairs.
The Journal of International Issues. Shadowy groups have penetrated and assumed control of public institutions in the service of powerful private and vested interests. Frequently at the expense of the public good.