The Great Incompetency Lie

[shance]

The Great “Incompetency” Heist

Catherine Austin Fitts

I never cease to be amazed at the extent to which successful policies are portrayed as failed policies, and the transfer of public resources to private parties are spun as the result of government and bureaucratic “incompetence.”

Recent financial headlines are full of news of record profits by oil companies and strong stock performance, proof positive that the invasion of Iraq has been successful.


* Industry Group comprises: BP, Chevron, and Royal Dutch Shell

Those who are saying that the Bush Administration has failed in Iraq or that we are not winning the war apparently do not understand that a policy must be judged according to its goals. If oil company profit and resulting stock market performance left any doubt, the fact that the cost of the war is expected to top $1 trillion should make the case.

Cost of Iraq war could surpass $1 trillion
By Martin Wolk, MSNBC, March 17, 2006

A successful war policy is one that pours money into the private pockets that promoted it. So to whom is the $1 trillion going? It appears that the Pentagon may not have to say because they are still allowed to hide behind the ruse that they and the most powerful corporate contractors and banks in the world who run their systems are not capable of maintaining a basic accounting system.

(snip)

Not surprisingly, defense contractor profits and stock market performance are also on the rise.

(snip)

It is worth asking the question: “What is the relationship between the corporate contractors billing government agencies and the corporate contractors and depositories running those agency information, accounting and payment systems?”

One thing is clear - the combined policies of war in Iraq and a ten year refusal to maintain basic books and records have created a grand slam home run success for the Tapeworm.

The military is not alone in engineering public failure to achieve private profits for political success. The other half of the central banking-warfare coin is engineering similar achievements. As the price of gold reached record dollar highs last week, the Bank of England came under fire for having sold half of its gold reserves between 1999 and 2002 — a time during which the gold price was supressed by central bank market manipulations. Hence, these sales incurred an opportunity loss of as much as $6.5 billion at 2006 prices.

(snip)

It is invaluable in understanding the world around us to assume that government is perfectly capable of being competent when it is politically desirable to the private parties that finance and operate government. Therefore, governmental and central banking policies which continue are policies which are successful in terms of their real goals.

Hence, it should come as no suprise that the “strong dollar” policy is succeeding in destorying the value of the dollar:



http://votesolari.com/catherinesblog/

[Kenergy]

1. A valid argument imo n/t

[mirandapriestly]

2. Yes!!!This is what I think

What looks like failure and incompetence to most of us is actually resulting in great success and wealth for the few running the country and their pals. * & Co want endless war in Iraq, they don't want a government that will help people in situations like Katrina, those were incompetence at all. They don't want Americans to think that the government will come to their assistance in the event of a disaster, I don't know how often I've heard that when the bird flu hits, the government will not be able to help us. It is very frightening and they have been preparing us for a country where there are no government agencies to turn to.

I read about Catherine Austin Fitts in Crossing the Rubicon, she was a whistleblower for HUD and was fired by *Senior. She is smart and has a lot of courage.

[shance]

4. I didn't know she was fired by Bush Sr?

I hadn't heard about that. I guess she was too honest.

She is tremendously bright - a Wharton grad and undergrad and the U of Penn.

[jazzjunkysue]

3. Don't forget the "failed" touch screen voting machines.

Somehow we keep giving contracts to companies that can't get their machines to run properly, or turn on at all.

Yet, have you ever had your debit card balance off by a penny? Ever see the debit machine fail?

Right. We can do all of this well if we want to.

The Texas swaggar and the bible thumping and the in-bred red-neck gosh-golly act are wearing thin. Who would you rather have a beer with?

Answer: Someone who isn't trying to take over the world one market at a time.