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US Military Uses IMF and World Bank to Launder 85% of Its Black Budget
US Military Uses IMF and World Bank to Launder 85% of Its Black Budget
Though transparency was a cause he championed when campaigning for the presidency, President Obama has largely avoided making certain defense costs known to the public. However, when it comes to military appropriations for government spy agencies, we know from Freedom of Information Act requests that the so-called “black budget” is an increasingly massive expenditure subsidized by American taxpayers. The CIA and and NSA alone garnered $52.6 billion in funding in 2013 while the Department of Defense black ops budget for secret military projects exceeds this number. It is estimated to be $58.7 billion for the fiscal year 2015.
What is the black budget? Officially, it is the military’s appropriations for “spy satellites, stealth bombers, next-missile-spotting radars, next-gen drones, and ultra-powerful eavesdropping gear.”
However, of greater interest to some may be the clandestine nature and full scope of the black budget, which, according to analyst Catherine Austin Fitts, goes far beyond classified appropriations. Based on her research, some of which can be found in her piece “What’s Up With the Black Budget?,” Fitts concludes that the during the last decade, global financial elites have configured an elaborate system that makes most of the military budget unauditable. This is because the real black budget includes money acquired by intelligence groups via narcotics trafficking, predatory lending, and various kinds of other financial fraud.
The result of this vast, geopolitically-sanctioned money laundering scheme is that Housing and Urban Devopment and other agencies are used for drug trafficking and securities fraud. According to Fitts, the scheme allows for at least 85 percent of the U.S. federal budget to remain unaudited.
Fitts has been researching this issue since 2001, when she began to believe that a financial coup d’etat was underway. Specifically, she suspected that the banks, corporations, and investors acting in each global region were part of a “global heist,” whereby capital was being sucked out of each country. She was right.
…click on the above link to read the rest of the article…
Ron Paul Fears The CIA Is The Biggest Threat To Americans’ Liberty
Ron Paul Fears The CIA Is The Biggest Threat To Americans’ Liberty
As the Senate scrambled to pass the USA Freedom Act this evening, reinstating the agency’s ability to spy on Americans, Ron Paul points out that US intelligence organizations have always – and will continue – to operate outside the law; with Daniel McAdams noting the CIA “is sort of the President’s own Praetorian Guard.” As Sputnik News reports, before Americans applaud a minor step toward transparency, Paul warns that they should recognize the corrosive nature of the CIA, “They are a secret government,” operating way above the law, and are “way out of control.”
“[The CIA] is sort of the President’s own Praetorian Guard,” Daniel McAdams, from the Institute of Peace and Prosperity, said on the Ron Paul Liberty Report. “We know…that he sent assassination squads, he sent people to monitor Martin Luther King, and all sorts of things like this.”
“This is like his own personal army which is accountable to no one,” McAdams adds:
As Sputnik News reports, according to Paul, the CIA could be an even bigger threat to liberty than McAdams suggests. A covert army that doesn’t answer to Congress, the Supreme Court, or even the president.
“That, to me, was the most frightening experience in Washington, is there were black budgets. We never knew exactly how much money was spent,” Paul says.Those secret budgets have allowed the CIA to carry out some pretty shady practices over the years. Chiefly, assassinations.
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“There are certainly a lot of theories about the CIA being involved in even domestic assassinations, and they certainly are now involved in presidential directed assassinations,” Paul says.
“The US has covertly and overtly influenced elections overseas a number of times,” McAdams says. “It’s a very open secret that the CIA infiltrates monitoring organizations like the OSCE with their personnel.”
…click on the above link to read the rest of the article…
