US
Military Uses IMF and World Bank to Launder 85% of Its Black Budget
By Jake
Anderson
Global
Research, August 14, 2015
The
Anti-Media 13 August 2015
Theme:
Global Economy
print
13 10 2 58
More
than 50% of US Government Spending Goes to the Military
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 Development 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.
As Fitts
asserts,
“[She]
served as Assistant Secretary of Housing at the US Department of Housing and
Urban Development (HUD) in the United States where I oversaw billions of
government investment in US communities…..I later found out that the government
contractor leading the War on Drugs strategy for U.S. aid to Peru, Colombia and
Bolivia was the same contractor in charge of knowledge management for HUD
enforcement. This Washington-Wall Street game was a global game. The peasant
women of Latin America were up against the same financial pirates and business
model as the people in South Central Los Angeles, West Philadelphia, Baltimore
and the South Bronx.”
This is
part of an even larger financial scheme. It is fairly well-established by now
that international financial institutions like the World Trade Organization,
the World Bank, and the International Monetary Fund operate primarily as
instruments of corporate power and nation-controlling infrastructure investment
mechanisms. For example, the primary purpose of the World Bank is to bully
developing countries into borrowing money for infrastructure investments that
will fleece trillions of dollars while permanently indebting these “debtor”
nations to West. But how exactly does the World Bank go about doing this?
John
Perkins wrote about this paradigm in his book, Confessions of an Economic
Hitman. During the 1970s, Perkins worked for the international engineering
consulting firm, Chas T. Main, as an “economic hitman.” He says the operations
of the World Bank are nothing less than “pure economic colonization on behalf
of powerful corporations and banks that use the United States government as
their tool.”
In his
book, Perkins discusses Joseph Stiglitz, the Chief Economist for the World Bank
from 1997-2000, at length. Stiglitz described the four-step plan for
bamboozling developing countries into becoming debtor nations:
Step
One, according to Stiglitz, is to convince a nation to privatize its state
industries. Step Two utilizes “capital market liberalization,” which refers to
the sudden influx of speculative investment money that depletes national
reserves and property values while triggering a large interest bump by the IMF.
Step Three, Stiglitz says, is “Market-Based Pricing,” which means raising the
prices on food, water and cooking gas. This leads to “Step Three and a Half:
The IMF Riot.” Examples of this can be seen in Indonesia, Bolivia, Ecuador and
many other countries where the IMF’s actions have caused financial turmoil and
social strife.
Step 4,
of course, is “free trade,” where all barriers to the exploitation of local
produce are eliminated.
There is
a connection between the U.S. black budget and the trillion dollar
international investment fraud scheme. Our government and the banking cartels
and corporatocracy running it have configured a complex screen to block our
ability to audit their budget and the funds they use for various black op
projects. However, they cannot block our ability to uncover their actions and
raise awareness.
Jake
Anderson joined Anti-Media as an independent journalist in April of 2015. His
topics of interest include social justice, science, corporatocracy, and
dystopian science fiction. He currently resides in Escondido, California. Learn
more about Anderson here!
Copyright
© Jake Anderson, The Anti-Media, 2015
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