"These bailouts are like "steroids"—they're not building real economic value."

...financial advisor Catherine Austin Fitts discussed the economic crisis and possible solutions. $4 trillion has been pulled out of the economy, she said, and the big mystery is where did it go? At the core, we've experienced a financial coup d’état-- assets have been stripped out of communities in order to make people more dependent on Washington and centralized government, she asserted. "We're watching the control and consolidation of cash flow."

Quote of the Night: "What's not understood...is we're paying an enormous tax in several ways. One is when you centralize capital whether through Wall St. or Washington in ways that are non-economic, you shrink total wealth. You centralize it so it goes up in the hands of a few, you end up with more billionaires...You're sending the blood to the toes and the fingers, and you're cutting it off from the hearts and the lungs of the economy so to speak." --Catherine Austin Fitts

Fitts proposed a path back to economic vitality: People should put their money into local economies and avoid investing in corrupt institutions. Networking with neighbors, embarking on DIY projects, and buying from local farmers are ways to enhance local wealth. She also suggested young people be given a toolkit for concrete skills such as learning how to build homes and grow food. Additionally, wealth could be created by bringing forward energy and health technology that's been suppressed.