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ECP NetHappenings The Missing 21 Trillion Americans have lost.
The Pentagon has never been able to pass an audit.
“[DOD] is the only one of the government’s 24 major agencies never to pass”
Catherine Austin Fitts
(born December 24, 1950) is an American investment banker and former public official who served as managing director of Dillon, Read & Co. and, during the Presidency of George H. W. Bush, as United States Assistant Secretary of Housing and Urban Development for Housing. She has widely written and commented on the subject of public spending and has alleged several large-scale instances of government fraud.
Catherine says It’s a financial Coup d’etat
https://www.youtube.com/watch?v=rZQRMJUzH4k
“So having some background in looking at local government and finances and state level, it’s like there’s no way that these accounting discrepancies should be multiples of the entire budget.
“If you had say a 500 billion dollar budget from the Army or a 200 billion dollar budget, it’d only be a small fraction. How could it be multiples? So I just, I, at first I thought she had made a mistake. It couldn’t be, you know, $6.2 trillion, maybe $6.2 billion. And even then that would be a huge sum to lose track of.
“And so I found the report myself and I just started looking at it. Just all kinds of strange examples of transactions that couldn’t be accounted for. And so I just started asking questions, and then Catherine and I were in touch with one another and we said, let’s try to systematically look over the years for all of these reports that exist and just sum them up and tally them and see what we can learn.
“And you know, so they don’t, they typically don’t produce a report like this every year for the Army or every year for the Navy, etc. They only do them every once in a while. So we tallied them all up for the DOD as well as Housing and Urban Development. And we found, from official government sources, $21 trillion in transactions for which there were no clear explanation
“And so we just asked the question and it, it happened at that time, back in 2016, ’17, ’18, it, it, the, the total debt was about $21 trillion. So it just got a lot of exposure in the media, like, wow
“So in that sense I think people started to ask questions and it got a little bit of attention, which I think is good. But the challenge was is that the federal government, rather than addressing it, on the one side they said they were going to address the challenge and they said, we’re going to conduct our first official external audit of the DOD ever. And after it completed that, it did not pass the audit and has not since. So it’s been about eight years.”
Former Assistant Secretary of HUD says the federal gov’t—namely DOD—has stolen $55 TRILLION of taxpayer funds.
This clip of Catherine Austin Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (@solari_the), is taken from an interview with Anthony Fatseas (@AnthonyFatseas) posted to the WTFinance YouTube channel on April 10, 2026.
—————Partial transcription of clip—————
Fitts:
“So what happened was, I was part of a group of people in the first Bush administration who got financial management laws passed that required audited financial statements and a certain standard of disclosure. And those rules went into place in the mid-90s and since then. And it’s because of those rules that we’ve seen disclosure that indicates that, one, they’ve never obeyed the financial management laws.
“But also, they have, you know, they have had undocumentable adjustments between 1998 and 2015 of $21 trillion. Now, when you add that to $29 trillion of bailouts during the financial crisis, you know, that’s $50 trillion. And then you add $5 trillion injected directly into the economy during the Going Direct, that’s $55 trillion. Then you can even add more for the quantitative easing.
“So, you know, it’s, it’s— I always say to everybody in America, it’s remarkable we’re still standing because you’re talking about, you know, it’s like a body with a tapeworm. And the tapeworm is, if you look at what’s being drained out is unbelievable. I mean, the numbers are just, you know, hard for most people to fathom. It’s not hard for me to fathom. That’s my business. But it’s really hard to fathom that, that, that muc
“And we’re not talking about money so that some people can have billions and Ferraris and fancy houses in the Caribbean. We’re talking about the kind of money that builds a whole new civilization.
“Where is this money gone? Or it’s impossible to track?”
“Give me access to the New York Fed and DoD’s accounts. You know, so we don’t know where I went. And I think, you know, conceptually there are many possibilities, but there is, a belief that there is such a thing as a breakaway civilization.
“And literally what we’re watching is, you know, if, if you have a company and you, you want to bring in a new system, what you do is you bring up the new system, you keep the old system operating, you operate them in parallel until you’re confident in the new one, and then you switch over, right?
“So I think what they’re— Part of what they’re doing is they’re literally building a new governance, management, financial structure for Earth, moving the money out of the old and into the new. And, and when they’re ready, you know, they’ll, they’ll shift everybody over into the new one. And that’s what’s happening now. That’s what I think the reset is.”
https://x.com/SenseReceptor/status/2042726377267564942
VIDEO https://www.youtube.com/watch?v=UaAd4DscZ6s
https://x.com/SenseReceptor/status/2064860605958455457
Tenured Professor at Michigan State University Mark Skidmore on the $21 TRILLION missing from the DOD’s balance sheet:
Summary Report
https://missingmoney.solari.com/wp-content/uploads/2018/08/Unsupported_Adjustments_Report_Final_4.pdf
“in a single year, the Army had acknowledged… it could not account for $6.2 trillion in transactions”
“we found, from official government sources, $21 trillion in transactions for which there was no clear explanation”
“[This] happened… back in 2016, ’17, ’18, [when] the total debt was about $21 trillion”
“[the federal government] said they were going to address the challenge, and they said, We’re going to conduct our first official external audit of the DOD ever”
“[But] after it completed [the audit], [DOD] did not pass the audit and has not since. So it’s been about eight years”
This clip of Skidmore, a tenured Professor and Morris Chair in State and Local Government Finance and Policy, who also serves as a resident fellow with the MSU Extension Center for Local Government Finance and Policy, is taken from a discussion with Alexander Sachon.
@SixDaysWork
posted to YouTube on January 10, 2026.
https://x.com/SenseReceptor/status/2064860605958455457
“That’s when I ran into some of Catherine Austin Fitts’ work. And I was just listening to an interview and she, she made a statement that in fiscal year 2015, the report came out in 2016, for the DOD, specifically the Army, in which, in a single year, the Army had acknowledged, through an OIG report, the Office of Inspector General, that it could not account for $6.2 trillion in transactions.
https://www.youtube.com/shorts/jhfKCdY0tv4
Gaudi the legendary architect’s most famous quotes:
“To do things right, first you need love,
then technique.”
People always asked Gaudí when the works would be finished, and he always replied that his client was in no hurry.
For Antoni Gaudí, who died on this very day 100 years ago, admitted to a hospice because he was mistaken for a beggar after being run over by a tram, it would have been a dream to know that the Pope, the King and Queen of Spain, the president of the Government and of the Generalitat, the mayor of Barcelona, and a long list of authorities would be, a century later, paying him homage and looking up at the sky to see how the tower of the world’s tallest church was being illuminated.
The epic of the Sagrada Família, 144 years under construction and still not finished, has had one of its historic days with the solemn religious ceremony that culminated in the Pope’s blessing of the Tower of Jesus Christ.
Another moment that will make Barcelona’s image go around the world, with 9,000 people inside the temple and 130,000 outside.
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