#445 - The Banker's Breakaway Civilization & Who Really Runs the World | Catherine Fitts

Episode of Danny Jones Podcast · November 2, 2026 · 3 h 10 min

Former HUD official Catherine Austin Fitts tells Danny Jones her views on central bankers, mortgage fraud, Epstein, the AI stock bubble, stablecoins, and financial independence.

Summary

Catherine Austin Fitts, a former Dillon Read partner and Assistant Secretary of Housing, recounted her efforts to stop mortgage fraud at HUD and her 11-year litigation with the Department of Justice, during which she said she was poisoned eight times and subjected to electronic harassment. She argued that central bankers effectively run the world and are executing a "going direct" reset first reviewed at Jackson Hole in 2019, and that roughly $21 trillion in undocumented adjustments at DoD and HUD vanished from federal accounts from 1997 onward.

Fitts laid out a chronology linking Jeffrey Epstein, Robert Rubin, Les Wexner, Howard Lutnick, the Clinton Foundation, Enron and the September 11 attacks, and argued that Epstein was a facilitator for US and Israeli intelligence who financed programmable money and brain research. She also described what she saw as JPMorgan Chase's control over Bernie Madoff's Ponzi scheme and pervasive "grift" across both parties.

On markets, Fitts contended that index-fund investors are heavily concentrated in AI hyperscalers and are financing a surveillance "control grid" through their retirement accounts. She described the GENIUS Act, tokenized stocks and 24/7 trading as tools to pull global capital into the dollar, and warned that data centers could enable an automated "third lock" on financial transactions. Jones shared his own frustrations with Chase blocking his wires.

Fitts recommended trusted community banks, local farms, family lending ("the people bank"), homeschooling, and using cash. She also discussed Operation Fortress microreactors, China, X as a "honey trap," Elon Musk's role in DOGE and Starlink, her theory of a failed covert Iran operation and a closed global energy model, and her conviction that Earth hosts breakaway civilizations.

Chapters

  1. 1:14

    Fitts's background and the going-direct reset

    Fitts described her Wall Street and HUD career, her litigation, Solari, and the central bankers' 2019 Going Direct plan.

  2. 9:27

    Dillon Read and the S&L cleanup

    Fitts recalled Nick Brady predicting yearly events and the Resolution Trust Corporation financing fight.

  3. 16:37

    HUD fraud tapes and fiction as fact

    Fitts discussed her recorded recollections, The Sopranos' HUD fraud episodes, and the black budget's link to HUD.

  4. 25:29

    Mind control, poisoning and harassment

    Fitts described entrainment technology, claimed she was poisoned eight times and targeted with energy weapons, and credited spiritual warfare study.

  5. 44:42

    Living abroad and who owns the Fed

    Fitts explained her move to the Netherlands, her family's westward migration, and member-bank ownership of the New York Fed.

  6. 51:43

    Epstein, Lutnick and 9/11 chronology

    Fitts laid out a timeline connecting Epstein, Rubin, the BIS, missing DoD money, 9/11, the Clinton Foundation and Enron.

  7. 1:08:22

    Epstein's role and the Madoff scheme

    Fitts argued Epstein was an intelligence-linked facilitator funding programmable money and brain research, and that JPMorgan controlled Madoff.

  8. 1:27:05

    Kushner, grift and bubble economics

    After discussing Jared Kushner's Saudi funding, Fitts presented Vectors of Grift and charts on AI stock concentration and margin debt.

  9. 1:42:03

    Stablecoins, tokenization and the third lock

    Fitts explained the GENIUS Act, tokenized stocks and how data centers could automate control of financial transactions.

  10. 2:05:33

    Protecting family wealth

    Fitts advised trusted banks, local farms, the people bank, homeschooling and cash use, and mentioned Operation Fortress.

  11. 2:31:08

    AI, China, Musk and Iran

    Fitts discussed AI doomsday claims, China's integration with Western capital, X, DOGE, Starlink in Ukraine, and global energy control after Iran.

  12. 2:56:44

    Breakaway civilizations and closing advice

    Fitts said Earth hosts breakaway civilizations, discussed billionaire longevity, and urged individualized financial planning.

Key points

What was said, by whom, with the exact words. Timestamps jump to the moment.

  • Catherine Austin Fitts

    Fitts says she left her HUD post because she refused orders to break the law while trying to stop mortgage fraud.

    “I tried to stop the mortgage fraud and had to leave. I kept being ordered to break the law and I wouldn't, so I left”

    Listen from 1:46 · Mortgage fraud

  • Catherine Austin Fitts

    Fitts says the Fed injected $5–6 trillion directly into the economy during the pandemic, bypassing the reserve track.

    “the Fed injected $5 to $6 trillion directly into the economy. Instead of going through the reserve track, they went direct”

    Listen from 6:03 · Going Direct reset

  • Catherine Austin Fitts

    Fitts argues central bankers are currently conducting one of their periodic global resets.

    “the central bankers right now are in the middle of a reset. So the central banks do a global reset every 80 to 120 years”

    Listen from 6:25 · Going Direct reset

  • Catherine Austin Fitts

    Fitts recounts that she was poisoned eight times during her litigation with the government.

    “So during the litigation, I was poisoned eight times. What? I was poisoned eight times”

    Listen from 32:35 · Electronic harassment

  • Catherine Austin Fitts

    Fitts claims trillions in undocumented adjustments accumulated at DoD and HUD while the government ignored financial management laws.

    “21 trillion of undocumented adjustments start to occur. The federal government makes no effort to obey the financial management laws”

    Listen from 59:03 · Missing money at the Department of Defense and HUD

  • Catherine Austin Fitts

    Fitts believes Epstein was a joint project of US and Israeli intelligence, possibly with British involvement.

    “I think Epstein was a joint project of US and Israeli intelligence and probably British intelligence, but I'm not sure”

    Listen from 1:08:29 · Jeffrey Epstein

  • Catherine Austin Fitts

    Fitts argues JPMorgan Chase, not Madoff, controlled the Ponzi scheme because it knew no securities were ever bought.

    “JPMorgan Chase was in control because if no money's ever going to securities and they know it, then they know it's a Ponzi scheme”

    Listen from 1:19:00 · Madoff investment scandal

  • Catherine Austin Fitts

    Fitts contends that Americans' retirement savings are concentrated in companies building a surveillance control grid.

    “there's a huge retirement bet on financing the control grid. So people are literally financing their own prison”

    Listen from 1:34:25 · AI stock market bubble

  • Catherine Austin Fitts

    Fitts says a seemingly diversified investor may hold 35–55% of their money in a dozen hyperscalers and AI stocks.

    “I probably have 35 to 55% of my money in 10 to 12 hyperscalers who are using the data centers and a couple of AI stocks”

    Listen from 1:35:28 · AI stock market bubble

  • Catherine Austin Fitts

    Fitts argues programmable money, digital ID and data centers would give bankers control of fiscal policy, amounting to a coup.

    “if it works, we are back to taxation with no representation at all. It's a coup”

    Listen from 2:00:06 · Central bank digital currency

  • Catherine Austin Fitts

    Fitts cites an MIT-authored paper claiming data center construction far exceeds what civilization requires, which she attributes to control.

    “here's how much data center capacity they're building, which is many times more than what you need to run our civilization”

    Listen from 2:00:53 · AI stock market bubble

  • Catherine Austin Fitts

    Fitts warns the current bubble will eventually burst.

    “Because bubbles always burst. It's a matter of time. This bubble at some point will burst”

    Listen from 2:03:43 · AI stock market bubble

  • Danny Jones

    Jones says Chase Bank repeatedly held up his wire transfers, once for up to a month, citing fraud flags.

    “There's been a couple of times in the last couple of years where I've tried to send out wires and have been stopped for up to a month”

    Listen from 2:08:35 · Personal finance

  • Linked moment · 2:11:54Skip to 2:11:54 using a listen link in the info box.

    Catherine Austin Fitts

    Fitts recommends investing in local farms and relationships with farmers as the best possible investment.

    “The best investment you can possibly make is investing in creating or financing local farms”

    Listen from 2:11:54 · Personal finance

  • Catherine Austin Fitts

    Fitts argues parents are better off abandoning hope in government schools.

    “The best thing in the world that can happen for your kids is you lose all hope in the government school system”

    Listen from 2:24:52

  • Catherine Austin Fitts

    Fitts says Anthropic's S-1 omitting its chairman's warnings about AI destroying humanity would be a material omission.

    “if the chairman believes that and it's not in the S-1, that is a material omission under the law, right?”

    Listen from 2:33:46

  • Catherine Austin Fitts

    Fitts views X's loosened speech environment as a data-gathering honey trap ahead of a future lockdown.

    “this is a honey trap. They're going to collect all the data. And when they're ready to lock down again, they will”

    Listen from 2:39:57

  • Catherine Austin Fitts

    Fitts argues DOGE avoided agencies with fraud and instead gathered payment data useful for a Musk-run payment system.

    “So he didn't go to HUD or DOD. He went to where you would get the payment data you wanted if you were going to start grok money”

    Listen from 2:40:33

  • Catherine Austin Fitts

    Fitts claims a covert regime-change operation in Iran failed because Iran disabled the operators' Starlink communications.

    “the Iranians figured out a way to cut off Starlink. They figured out a way to kill the communications of the covert operators through Starlink”

    Listen from 2:47:37 · United States war with Iran

  • Catherine Austin Fitts

    Fitts argues attacks on energy facilities and trade chokepoints reflect a long-running Five Eyes strategy to impose a closed global energy model.

    “This is the whole Five Eyes team asserting a closed energy model globally. It's really, this is the old neocon strategy and it's working”

    Listen from 2:54:30 · United States war with Iran

  • Catherine Austin Fitts

    Fitts says she is convinced human civilization interacts with one or more breakaway or more advanced civilizations.

    “that our civilization is interacting with one or more breakaway civilizations or more advanced civilizations and the question is”

    Listen from 2:57:34 · Unidentified flying objects and government disclosure

People

In the conversation

  • Danny JonesAmerican podcaster and host of the Danny Jones Podcast
  • Catherine Austin FittsFormer U.S. official and researcher of missing government money and secret space programs

Discussed

  • Nicholas F. BradyDillon Read chairman and later US Treasury Secretary
  • Alan GreenspanFormer Federal Reserve chairman
  • Robert RubinFormer Goldman Sachs co-chair and US Treasury Secretary
  • Les WexnerOhio billionaire and former associate of Jeffrey Epstein
  • Howard LutnickCantor Fitzgerald executive who was absent from the World Trade Center on 9/11
  • Donald RumsfeldU.S. Secretary of Defense during the Iraq invasion
  • Bill ClintonU.S. president Jiang associates with the Washington Consensus and Oslo peace process
  • Bernie MadoffAmerican financier whose Ponzi scheme prompted ten Brinke's turn to business research
  • Helen Davis ChaitmanLitigator and author of JPMadoff
  • Whitney WebbInvestigative journalist who has written on Epstein
  • Jared KushnerBusinessman and Trump's son-in-law, adviser in the first Trump administration
  • Elon MuskEntrepreneur behind X, xAI and SpaceX, discussed in AI competition
  • Scott BessentU.S. Treasury Secretary who criticized Sanders' AI panel
  • James WoolseyFormer CIA director
  • Simon AndreesFormer BGC managing director and whistleblower who died
  • Donald TrumpPresident of the United States whose conduct of the Iran war is the episode's main subject
  • Marc AndreessenVenture capitalist referenced on founders and ayahuasca
  • Dean RadinParapsychology researcher at the Institute of Noetic Sciences who advised Mossbridge early in her career

Topics

More from Danny Jones Podcast

From the publisher

Watch every episode ad-free & uncensored on Patreon: https://patreon.com/dannyjones Catherine Austin Fitts is an investment banker and former Bush administration official known for her critiques of government finance and advocacy for transparent economic systems. She later established Solari, Inc., and publishes The Solari Report, offering insights into global finance and governance. SPONSORS https://housecallpro.com/danny - For a limited time only, our listeners get 50% OFF base plans for their first 3 months. https://shopify.com/dannyjones - Start your FREE trial today. https://hexclad.com/dannyjones - Get 10% off your forever cookware. https://lucy.co - Use code DANNYJONES for 20% off your first order. https://whiterabbitenergy.com/?ref=DJP - Use code DJP for 20% off. EPISODE LINKS https://solari.com *NEW* DJP MERCH https://dannyjonespodcast.com Get paid to make clips from the show: https://discord.com/invite/dannyjones FOLLOW DANNY JONES https://www.instagram.com/dannyjones https://twitter.com/jonesdanny OUTLINE 00:00 - Catherine's fight against mortgage fraud 03:28 - The central bank reset led by BlackRock 08:32 - Dillon, Read & Co.'s yearly predictions of pump & dump schemes 15:27 - The Big Short & fact vs. fiction in Hollywood 22:43 - HUD's housing budget, space funding & the black budget 24:25 - Catherine's claims about mind control & financial fraud 31:17 - Catherine says she was poisoned 8 times 35:41 - Electronic harassment, non-lethal weapons & spiritual warfare 43:56 - Why wealthy people seek second passports & homes abroad 48:00 - Who owns the Federal Reserve banks? 50:35 - Howard Lutnick, Epstein & the whistleblower's death 54:01 - Chronology of Epstein, Lutnick & 9/11 01:02:42 - The Clinton Foundation & the Enron coverup 01:07:19 - Catherine's theory of Epstein's intelligence ties & mind-control funding 01:17:45 - JPMorgan & Madoff, Epstein's brain research & spoon bending 01:26:09 - Jared Kushner's wealth & Vectors of Grift 01:32:55 - Bubble econom…

Summary, chapters and key points were generated from the episode transcript on November 7, 2026. Quotes are checked word for word against the transcript.