Catherine Austin Fitts on DOGE Spending Cuts, AI, and Investment Strategies

DOGE Spending Cuts Postponed

• 🎯 House Republican leaders tentatively planned to vote on a $9.3 billion rescission package, including cuts to the State Department, NPR, and PBS, but the vote was indefinitely postponed.
• 💡 The package, proposed by Donald Trump's Department of Government Efficiency (DOGE), aimed to cancel previously approved funding, primarily targeting foreign aid.
• ⚠️ Congressman Thomas Massie expressed skepticism about the cuts happening, and his doubts have been validated as the vote did not occur as planned.

DOGE's True Purpose and Elon Musk's Role

• 🚀 The speaker suggests DOGE is a smoke screen, and even if cuts were made, Trump intended to redirect funds to the Pentagon.
• 💰 Elon Musk, running DOGE and being a major defense contractor, is seen as benefiting directly from these redirected funds, especially given Tesla's stock performance.
• 🧠 The true purpose of DOGE is posited to be the privatization of vast amounts of government data (from Social Security, IRS, Treasury) for use by private AI entities like Grock and Palantir.

Data, Control, and Social Credit Systems

• 🔍 High-quality payment data is identified as crucial for private AI, leading to the acquisition of over a trillion dollars worth of data.
• 📈 This data acquisition is linked to building a social credit system and re-engineering government cash flows for control.
• ⚠️ The speaker criticizes the lack of auditing of the Pentagon, which has never passed an audit, and the redirection of potential savings to it.

Conflicts of Interest and Government Re-engineering

• 🚨 The cancellation of the White House ethics officer and firing of 18 IGs, many investigating Musk's companies, are highlighted as conflicts of interest.
• 🚫 Elon Musk, as a government special employee, allegedly pitched Starlink contracts to world leaders, raising further conflict of interest concerns.
• 🛠️ The speaker, with past experience in government re-engineering, notes that the Trump group's techniques and communications were contrary to effective government reform, using "shock and awe" instead of sustainable methods.

Investment Philosophy and Future Currency

• 🏦 The speaker advocates for investing in people and enterprises rather than solely in the national security state or traditional financial markets.
• 📉 Bitcoin is criticized as a Ponzi scheme, with a book recommendation suggesting it was hijacked from its original intent.
• 🤝 The currency of the future is predicted to be relationships of trust, emphasizing community and individual action over reliance on government or Wall Street.
• 🏠 The current system is seen as preventing people from buying homes due to student loan debt and parents financing the national security state, necessitating a reversal to invest in building people and family wealth.