Book Reviews | Gordon Campbell | News Flashes | Scoop Features | Scoop Video | Strange & Bizarre | Search

 


The Real Deal: Americans Love A Winner

Narco-Dollars For Dummies (Part 13)
How The Money Works In The Illicit Drug Trade


Part 13 in a 13 Part Series
By Catherine Austin Fitts
First published in the Narco News Bulletin

EARLIER PARTS TO THIS SERIAL...
Part 1 - Narco Dollars For Dummies
Part 2 - Sam & Dave Do White Substances
Part 3 - The Ultimate New Business Cold Call
Part 4 - On Your Map
Part 5 - Getting Out of Narco Dollars HQ
Part 6 - Georgie And West Philadelphia
Part 7 - Dow Jones Up, Solari Index Down
Part 8 - Fast Food Franchise Pop
Part 9 - At the Heart of the Double Bind
Part 10 -
Drugs as Currency
Part 11 – In Defense of American Drug Lords
Part 12 - We Have Met the Enemy and It is Us

******

Americans love a winner.
Solari Index Up, Dow Up, Debt Down

The good news on all of this is that there are solutions. New technology blesses us with the potential tools we can use to radically increase productivity in a way that can "jump the curve" on our narco dollar addiction.

Will it happen? I don't know.

My pastor says, "If we can face it, God can fix it." The question is can we face our addiction to narco dollars? Can we do it in a way that entrepreneurs like me can build successful businesses and transactions that profit from getting the Solari Index and the Dow Jones Index to go up together?

Sound impossible? Far from it. It's quite possible. Add up all the current income generated by small businesses in America. It is currently valued at a multiple of 1-5 times because it is private-not publicly traded in a liquid stock market. Investors have no way to invest in a liquid publicly traded stock.

The creation of a solari, a local knowledge manager/databank that publishes neighborhood financial statements and information and tracks the Solari Index in your place, can make it possible for your neighborhood to create a mutual fund that could channel capital to the profitable small businesses in your neighborhood so that participating small business income could start to trade at a multiple of 10 times - even 20 times or 30 times eventually. The potential capital gains are in the trillions of dollars.

That is a lot of low cost capital that local entrepreneurs can use to create jobs and to build their businesses - even start new ones.

Better yet, while your doing that how about reengineering billions of federal, state and local government investment that has a negative return on investment to both taxpayers and communities to a positive return on investment. More big capital gains that can be securitized and traded in a liquid stock market---again the potential profits are in the trillions.

Finally, add up the value of all the homes and real estate in your community. OK, what would happen to the value of that equity if the Solari Index went back up to 100 percent? Real estate financed through a local trust or REIT or mutual fund that could be traded in the stock market would create a way for investors to start to "trade places." That means they would profit from the Solari Index going up along with local real estate owners, homeowners and small business folks. Add some more trillions to the potential capital gains.

Helping the Solari Index rise back to 100% is the biggest capital gains opportunity in America, particularly when combined with reengineering government investment and pooling small business equity in a manner that provides competitive access to the stock market. Generations of accumulated narco dollars could do very well investing successfully in such a capital gains opportunity.

A trillion here, a trillion there---pretty soon you are talking about a lot of "pop."

It can only happen if we can look into the face of our addiction and start having a conversation about how we move out of our current financial incentives that keep the Solari Index down to a more positive, sustainable and wealthy future for our children and grandchildren. For example, think about what would happen if every government worker in America had their annual salary fluctuate based on the performance of the Solari Index in their jurisdiction? I bet it would take about three years to get the Solari Index back to 100%.

That is why all the yah-yah in Washington about new stricter money laundering laws to deal with terrorism won't work. If government officials and bankers can keep making money when the Solari Index is at 0%, it will not rise no matter how many people - innocent or guilty - we put in jail. The day we decide that government officials only make money for performance and all the companies that get money from government - whether contractors or banks that use taxpayers credit - only get money if we are better off and the Solari Index is rising, is when we will start to face and solve the real problems in a money making way.

It's time to face our addiction to narco dollars and to grapple with how to reverse our incentive systems. It is time to figure out how publicly traded companies and our banks and insurance companies can make more money from our kids succeeding then from them failing. Indeed, it can be done.

So here is my last message on how the money works on narco dollars. Now that we have run the Solari Index down to near 0% while fueling the rise of the Dow Jones about 20X since I was a kid, the new opportunity is going to be the fortunes to be made on businesses and investment vehicles that fuel the Solari Index rising.

Wouldn't you pay for streets to be sweet for your child once again? Especially if it made you a whole bunch of money on an IPO of your neighborhood mutual or venture fund in the stock market?

I want to make money on kids succeeding. I want to teach Dave a way to make more money by getting out of narco dollars and backing Sam starting a solari and "trading places."

My money is on Solari rising.

For more on starting a solari for your neighborhood, see www.solari.com, or contact Catherine at catherine@solari.com


******


Bibliography

After three years of plowing through hundreds of books, videos and articles, here are the sources that I found most useful to helping me understand "how the money works" in the drug trade.

Assuming that you are a busy person who knows nothing about narco dollars and does not want to become an expert----you just want to have a good map of "how the money works" in your world----I have put an (*) next to my top four book and one video recommendations. These are the ones that will be the most useful to help you understand the drug trade and what it means to you, your family, your business and the Solari Index in your neighborhood.

Books:

Black Money, Michael Thomas (*)

Blowback: America's Recruitment of Nazis and Its Effects on the Cold

War, Christopher Simpson

The Boys on the Tracks, Mara Leveritt. St. Martin's Press, 1999.

Cocaine Politics: Drugs, Armies, and the CIA in Central America, Peter Dale Scott & Jonathan Marshall. Berkeley: University of California Press, 1998.

The Collected Works of Col. L. Fletcher Prouty, including, The Secret Team: The CIA and Its Allies in Control of the United States and the World, Col. L. Fletcher Prouty (Ret.), CD-Rom, available from The Center for the Preservation of Modern History, http://www.prevailingwinds.org

CRA$HMAKER: A Federal Affaire, a novel of love, death and the Federal Reserve, Victor Sperandeo & Alvaro Almeida, http://www.crashmaker.com/`

Dark Alliance, Gary Webb. New York: St. Martin's Press, 1998. (*)

Deep Politics and the Death of JFK, Peter Dale Scott. Berkley: University of California Press, 1996.

Dope, Inc.: Britains Opium War Against the United States, Konstandinos Kalimtgis.

Double Cross: The Explosive Inside Story of the Mobster Who Controlled America, Sam & Chuck Giancana. New York: Warner Books, 1998

False Profits: The Inside Story of BCCI, the World's Most Corrupt Financial Empire, Peter Truell & Larry Gurwin. Boston: Houghton Mifflin Company, 1992.

Hot Money and the Politics of Debt, R. T. Naylor. Montreal: Black Rose Books, 1994. (*)

The Money and the Power: The Making of Las Vegas and Its Hold on America, Sally Denton and Roger Morris

The Mafia, CIA and George Bush, Pete Brewton. New York: S.P.I., 1992.

Opium, Empire and the Global Political Economy, Carl A Trocki. Routledge: Taylor & Francis Group, 1999. (*)

The Politics of Heroin: CIA Complicity in the Global Drug Trade, Alfred W. McCoy Lawrence Hill Books, 1991.

Powderburns : Cocaine, Contras & the Drug War, Celerino Castillo, Dave Harmon

Red Mafiya : How the Russian Mob Has Invaded America, Robert I. Friedman, Little Brown & Company, 2000

Rulers of Evil: Useful Knowledge about Governing Bodies, F. Tupper Saussy HarperCollins, 2001

WhiteOut: The CIA, Drugs, and the Press, Alexander Cockburn and Jeffrey St. Clair. Verso, London:1998.

Articles:

"Albert Vincent Carone: The Missing Link Between Iran-Contra Cocaine Operations and Organized Crime", Mike Ruppert. From the Wilderness Publications, 1994. www.copvcia.com.

A Collection of Articles and Essays, Catherine Austin Fitts,

http://www.solari.com/gideon/articles/index.html

A Collection of Articles re: the Targeting of Catherine Austin Fitts:

http://www.solari.com/media/articles%20on%20gideon.htm

William Chambliss, Various articles on piracy and smuggling, www.wu.edu/~chamblis/vitae/top.html

Disinfo.com on Drugs, all articles by Preston Peet,

http://www.disinfo.com/pages/list/Drugs/by_author/

Has Dirty Money Polluted Bank of New York? Kelly O'Meara,

http://www.insightmag.com/archive/200105071.shtml

Mena, Arkansas: Various articles:

The Boys on the Track, various articles by Mara Leveritt,

http://www.maraleveritt.com/

Gray Money, by Mark Swaney,

http://www.whatreallyhappened.com/RANCHO/POLITICS/MENA/gray_money.html

Murder, Mayhem and Mystery in Mena, Preston Peet,

http://www.disinfo.com/pages/dossier/id329/pg1/

The Mystery of the "Lost" Mena Report; Gray Money: the Continued

Cover-Up, by Mark Swaney

http://www.etherzone.com/swan080301.shtml

What Really Happened, Mena Archives:

http://www.whatreallyhappened.com/RANCHO/POLITICS/MENA/mena.html

The Crimes of Mena, by Roger Morris and Sally Denton,

http://www.whatreallyhappened.com/RANCHO/POLITICS/MENA/crimes_of_mena.html

Sam Smith's Progressive Review, The Clinton Scandals (see Mena sections):

http://prorev.com/wwindex.htm

Narco News, www.narconews.com, Al Giordano, Publisher

The Spooky-Minded Professor: CIA Cover Up Meister Gets Princeton Job, by Uri Dowbenko,

http://www.etherzone.com/dowb020101.shtml

Up Against the Beast: High Level Drug Running, by Uri Dowbenko,

http://www.nexusmagazine.com/beast2.html

Catherine Austin Fitts:

Articles About:

http://www.solari.com/media/articles%20on%20gideon.htm

Articles By:

http://www.solari.com/gideon/articles/index.html

Videos:

Air America, Mel Gibson

Bullworth, Warren Beatty

CIA Director John Deutch in Watts Video: Special Town Hall Meeting with John Deutch & Juanita McDonald, October 15, 1996 http://www.copvcia.com (*)

Enemy of the State, Will Smith & Gene Hackman.

Mike Ruppert on CIA & Drugs: The Confession & The Impeachment, From The Wilderness. Video, 1999. http://www.copvcia.com

The Salon At Fraser Court, Mike Ruppert, From the Wilderness Video, 1999. http://www.copvcia.com

Telefon, Charles Bronson and Lee Remick

Wag the Dog, Dustin Hoffman

... ENDS

******


- AUTHOR NOTE: Catherine Austin Fitts, author of Scoop's "The Real Deal" column, is a former managing director and member of the board of directors of Dillon Read & Co, Inc, a former Assistant Secretary of Housing-Federal Housing Commissioner in the first Bush Administration, and the former President of The Hamilton Securities Group, Inc. She is the President of Solari, Inc, an investment advisory firm. Solari provides risk management services to investors through Sanders Research Associates in London.

Anti©opyright Solari 2002

© Scoop Media

 
 
 
 
 
Top Scoops Headlines

 

Werewolf: Living With Rio’s Olympic Ruins

Mariana Cavalcanti Critics of the Olympic project can point a discernible pattern in the delivery of Olympics-related urban interventions: the belated but rushed inaugurations of faulty and/or unfinished infrastructures... More>>

Live Blog On Now: Open Source//Open Society Conference

The second annual Open Source Open Society Conference is a 2 day event taking place on 22-23 August 2016 at Michael Fowler Centre in Wellington… Scoop is hosting a live blog summarising the key points of this exciting conference. More>>

ALSO:

Buildup:

Gordon Campbell: On The Politicising Of The War On Drugs In Sport

It hasn’t been much fun at all to see how “war on drugs in sport” has become a proxy version of the Cold War, fixated on Russia. This weekend’s banning of the Russian long jumper Darya Klishina took that fixation to fresh extremes. More>>

ALSO:

Binoy Kampmark: Kevin Rudd’s Failed UN Secretary General Bid

Few sights are sadder in international diplomacy than seeing an aging figure desperate for honours. In a desperate effort to net them, he scurries around, cultivating, prodding, wishing to be noted. Finally, such an honour is netted, in all likelihood just to shut that overly keen individual up. More>>

Open Source / Open Society: The Scoop Foundation - An Open Model For NZ Media

Access to accurate, relevant and timely information is a crucial aspect of an open and transparent society. However, in our digital society information is in a state of flux with every aspect of its creation, delivery and consumption undergoing profound redefinition... More>>

Keeping Out The Vote: Gordon Campbell On The US Elections

I’ll focus here on just two ways that dis-enfranchisement is currently occurring in the US: (a) by the rigging of the boundary lines for voter districts and (b) by demanding elaborate photo IDs before people are allowed to cast their vote. More>>

Ramzy Baroud: Being Black Palestinian - Solidarity As A Welcome Pathology

It should come as no surprise that the loudest international solidarity that accompanied the continued spate of the killing of Black Americans comes from Palestine; that books have already been written and published by Palestinians about the plight of their Black brethren. In fact, that solidarity is mutual. More>>

ALSO:


Get More From Scoop

 
 
 
 
 
 
 
Top Scoops
Search Scoop  
 
 
Powered by Vodafone
NZ independent news