Urgent Evoke

A crash course in changing the world.

LEARN5 MONEY - Catherine Austin Fitts and the Popsicle Index

When it comes to the reality of money, there is no one more intriguing than Catherine Austin Fitts, the former Assistant Secretary for Housing-Federal Housing Commissioner. She is an expert and outspoken researcher and former government insider who exposed the finanical aspects of the War on Drugs and how deeply the extremely profitable illegal global drug trade is, and how major and indepensible the illicit profits are to the global financial markets.

"One of the things that is interesting about reading conspiracy theory is that much of what folks think is conspiracy is really many people acting in concert to make or protect their money." - Catherine Austin Fitts

In her career, Catherine has designed and closed over $25 billion of transactions and investments to-date and has led portfolio strategy for $300 billion of financial assets and liabilities. She is my hero when it comes to money and wealth.

Catherine introduced me to the Popsicle Index:

The Popsicle Index

The Popsicle Index is the % of people who believe a child can leave their home, go to the nearest place to buy a popsicle or snack, and come home alone safely. For example, if you feel that 50% of your neighbors believe a child in your neighborhood would be safe, then your Popsicle Index is 50%. The Popsicle Index is based on gut level feelings of the people who have intimate knowledge of a place, rather than facts and figures.

The purpose of the Popsicle Index is to inspire continous conversation and learning in every neighborhood and village on earth about what it means to feel safe and secure where you live and work, to be phyically free to wander and roam without concern and to identify and shift the people and things that contribute or drain that feeling.

If you want to read more about Catherine, what our money is being used for - and what the Solari Project proposes to do about it, start with this article:

"I made the decision to write “Dillon, Read & Co. Inc. and the Aristocracy of Stock Profits” in the middle of a vegetable garden in Montana during the summer of 2005. I had come to Montana to develop a venture capital model to support a healthier, fresher local food supply. If we want clean water, fresh food, sustainable infrastructure, and healthy communities, we are going to have to finance and govern these resources ourselves. We cannot invest in the stocks and bonds of large corporations, banks and governments that are harming our food, water, environment and all living things and then expect these resources to be available when we need them. Surviving and thriving as a free people depends on creating and transacting with currencies and investments other than those printed and manipulated by Wall Street and Washington to the eventual end of our rights and assets."

"What I found in Montana, however, was what I have found in communities all across America. We are so financially entangled in the federal government and large corporations and banks that we cannot see our complicity in everything we say we abhor. Our social networks are so interwoven with the institutional leadership — government officials, bankers, lawyers, professors, foundation heads, corporate executives, investors, fellow alumni — that we dare not hold our own families, friends, colleagues and neighbors accountable for our very real financial and operational complicity. While we hate "the system," we keep honoring and supporting the people and institutions that are implementing the system when we interact and transact with them in our day-to-day lives. Enjoying the financial benefits and other perks that come from that intimate support ensures our continued complicity and contribution to fueling that which we say we hate."

http://www.dunwalke.com/


Views: 153

Comment by MichalHuller on April 23, 2010 at 10:10pm
Thanks Linda.
That's interesting especialy from a WallStreet person, and I agree that centralizaion is harming our freedom.
Comment by Michele Baron on April 23, 2010 at 10:36pm
it is interesting that when burdens are seen as the responsibility of all, people frequently evoke the "we," (...we cannot invest, we cannot see, our complixity...) but when separation between groups enables some to place the burdens solely upon others, phrasing almost immediately reverts to I/me/us and the ubiquitous "them," "the folks," "the people who..." It is refreshing and somewhat hopeful to read that some of "them" WallStreet folks ( :) Catherine Austin Fitts is an estimable writer and thinker ) tend to agree that centralization is damaging to mutuality of independence, security, and sustainable value systems.
Comment by PJE on April 24, 2010 at 8:58am
This is good. I have a few questions. Is she proposing that more than that we stop honouring and supporting these people when we meet them and avoid the corporations/institutions? Most people never meet the heads of industry or finance, I can choose to make ethical investments but like most people I don't have much to invest. I can avoid buying products of certain companies and I try to with Nestlés ( they are destroying Indonesian forests for palm oil) but they are so huge and under so many guises they are hard to avoid completely.
I agree that people should be respected for the good they do and not the money they have.
Is It that I am not Catherine Austin Fitts target audience? Can you say more about how she envisions change?
Thank you I am glad you are feeling better.
Best wishes
PJE

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