You Too Are an Enemy of the State! - a podcast by Jay Taylor

from 2009-10-13T07:00

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If you ever watched the movie, “Enemy of the State” starring Will Smith, you no doubt told yourself it was mere fiction. But, what happened to Will Smith was not far fetched. Something similar to what happened to Will Smith happened to this week's guest, Catherine Austin Fitts who applied her banking skills from her days at Dillon Read to help put the federal mortgage operators at FHA/HUD on a sound footing and lower their cost of capital. If America were truly a land of free enterprise and opportunity, Catherine’s efforts would have been richly rewarded. Instead, her competition was punished by a “blue chip” ruling elite that wanted instead to use FHA/HUD to engineer the largest housing bubble in history.

Ms. Fitts will explain how sinister corporate forces with special ties to judges and politicians targeted her and her company, but indirectly, the lives of all Americans through government enablers for money laundering by drug lords and financial bubbles for Wall Street.

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