This is not a new issue. I am sick and tired of people talking about this as if it was just the last 8 years alone. This is far more devious, complex and long term and it goes back to Iran Contra and the S&L scandal in the 80s and decades of purges in government that created a corrupt imperial machine filled with eunuchs mandarins and oligarchs.
http://www.financialsense.com/Experts/2004/AustinFitts.htmlhttp://www.scoop.co.nz/stories/HL0310/S00223.htmChris Sanders: Where is the Collateral?
Tuesday, 28 October 2003, 10:11 am
Column: Chris Sanders
Where is the Collateral?
By Chris Sanders
Sanders Research Associates
"The more restrictions and prohibitions there are, the poorer the people become
The sharper the people's weapons are, the more national confusion increases
The more skill artisans require, the more bizarre their products are
The more precisely laws are articulated, the more thieves and outlaws increase"
- Lao Tzu, Tao Te Ching
"F**k you!"
- Michael Eisenson, Harvard Endowment, to Hamilton Securities CEO Catherine Austin Fitts
Real terrorism
On the 29th of October, a trial begins in a Federal courtroom in Washington DC. The defendant in the case is our own distinguished advisory board member Catherine Austin Fitts. The plaintiff in the case is one John Ervin of Ervin Associates, a mortgage servicer for HUD. Ervin has brought the case using a Federal whistle blower statute (qui tam)
that allows private citizens to bring suit against parties alleged to have defrauded the government, and rewards them with a percentage of the recovered money. Ervin began eight years ago with more than 30 offences alleged against Fitts. He is now down to a handful, technical and immaterial in their financial impact one way or another on the government, Fitts, or anyone else. The case is ironic in many respects. Fitts, a HUD contractor, was fired "for convenience," which does not mean that she was terminated for wrongdoing. Ervin and Asscoiates themselves were fired some time back by HUD "for cause," meaning that they were fired for non-performance under a contract. Yet here Ervin is taking Fitts to court, ostensibly on behalf of the government and taxpayer.
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