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We Thought That $6 Trillion Dollars Was Absurd, but Now It’s Really Absurd For many years now, the Solari Report’s dedicated “Missing Money” website ( has sought to keep the public informed about the $21 trillion in “undocumentable adjustments”—in other words, money flowing out the back door—at the U.S.... show more
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![🚨REMINDER: THE U.S. DEPARTMENT OF DEFENSE HAS SPENT **$20 TRILLION** OF U.S. TAXPAYER MONEY THAT IS UNDOCUMENTED AND UNACCOUNTED FOR (1/5) In this clip from a recent episode of the Children's Health Defense series, Financial Rebellion, Investment banker and former HUD official Catherine Austin Fitts describes how the U.S. Department of Defense (DOD) has spent $20 trillion of taxpayer money (between 1998 and 2015) that has gone undocumented and unaccounted for. Fitts also highlights the fact that the U.S. Department of Housing and Urban Development (HUD) has done the same with $1 trillion of taxpayer money. Fitts starts out her overview of "the missing money" by noting that in 1994 the New York Federal Reserve Bank and the Federal Reserve (the Fed) bought shares in the Bank of International Settlements (BIS). The investment banker notes that the Bank of International Settlements "is the central bank of central banks in Switzerland and operates above the law...[as] they have sovereign immunity and enjoy it in many respects and they can receive and hold money secretly [and] can keep money on their balance sheets secretly." Effectively, Fitts says, the U.S. government buying those shares "made their relationship with the BIS much closer..." The investment banker goes on to note that in October 1995 a budget deal in U.S. Congress "basically crashed and burned" and "it was then that...the president of one of the largest pension funds said to [her], 'They'—whoever 'They' is—have given up on the country and are moving all the money out starting in the Fall." Fitts says it was that Fall, October 1997, "when money started to go missing from HUD, as well as the Department of Defense." As of today, Fitts says, "there's...$20 trillion between 1998 and 2015 missing from DOD and $1 trillion missing from HUD." "The other thing that started to happen when that money started to go missing...was what I call the Great Poisoning..." Fitts adds. "Literally, it was the next month after the budget deal crashed that OxyContin was approved and the HUD predatory lending started and the pill mill started and really, the targeting of the low-income neighborhoods started, including the roundups coming from the private prison movement." "Undocumentable adjustments then skyrocket[ed]," Fitts adds. Cut to 2001, and "the day before 9/11 Donald Rumsfeld gave a press conference at the Department of Defense...[announcing] that the Department of Defense was missing $2.3 trillion..." Fitts was told that one of the offices at the Pentagon that was blown up was the location for the office of Naval Intelligence Research Group, which was investigating the missing money. "The rest is history," Fitts says. "The Patriot Act had passed, and then the DOD got huge appropriations and nobody really cared about the missing money." Then, in 2015, the DOD financials came out and "it was the greatest missing money in one year [ever]. The DOD was missing $6.5 trillion in a year..." At that point, Fitts says, Dr. Mark Skidmore, who was a professor and expert in budgeting at Michigan State University, thought she "must be wrong" because "the Department of Defense can't be missing 10-plus times its total budget in a year." Lo and behold, when he investigated the DOD's financials, he found that "actually, [she] was right." Fitts subsequently asked that Skidmore have his students do a complete survey "of all the financial statements in all the years from fiscal 1997 to 2015." He and his students got the total missing money to $21 trillion. They subsequently published a report in 2017, at which point Skidmore and Fitts discovered that "the amount of money missing from the U.S. Treasury was the same amount as the total debt of the United States." Cut to 2018, and Fitts notes that during the theatrical hearings held during the appointment of Brett Kavanaugh to the U.S. Supreme Court, Congress—including both the Senate and the House, Republicans and Democrats—along with the Trump White House "got together and issued a policy called Federal Accounting Standards Advisory Board Statement 56." (Fitts refers to it as FASAB 56 or, phonetically speaking, 'Faz-B 56.') "[W]hat FASAB 56 says, very short and simple, is basically the government can keep secret books as a matter of administrative policy, thus refusing to obey all the financial management rules and regulations and laws, including the constitutional provisions for disclosure of financial operations," Fitts says. She adds that "they extended it, along with the classification laws, to private companies and banks doing business with the federal government, which means when you look at the U.S. securities market, the large cap section of the U.S. market...most of the disclosure is meaningless. You have no idea how the money works at many of these companies and the government because they're so intertwined." Interestingly, the investment banker adds that "the COVID-19 operation could never have happened without that [FASAB 56], because it put the Department of Defense, and [other federal government] agencies in a position to, essentially, access an unlimited amount of secret money." Fitts says somebody once told her that FASAB 56 is "a wet dream" as it allows for "secret money for secret operations." "I think it was one month after FASAB 56 passed that suddenly Moderna magically raised $500 million. Quite a coincidence," Fitts adds.](https://image.24vids.com/tw-1800218408270626929/ext_tw_video_thumb/1800195964465999872/pu/img/XyqjJjOZJ24h_wCc.jpg)
![DEAR DOGE (Department of Government Efficiency): If you really want to "ensure [our] tax dollars will be spent wisely," find the $20+ TRILLION the Department of Defense has stolen from American taxpayers. (1/7) In this clip from a recent interview with Shannon Joy (Shannon Joy), investment banker, former HUD official, and founder of the Solari Report (The Solari Report | Catherine Austin Fitts) Catherine Austin Fitts notes that if the incoming Trump administration "really wanted to reform the Deep State," it would start with the $21 trillion of missing taxpayer money; $20+ trillion of which has been stolen by the Department of Defense. Fitts describes a "financial coup" that began in the U.S. in 1998, when the Deep State began disappearing U.S. taxpayer money from the federal government's coffers. "In fiscal 1998 HUD was missing $59 billion dollars in the first year. And then by 9/11, the federal government, mostly DOD, was missing approximately $4 trillion dollars," the former HUD official says. "Then, when 9/11 happened, the day before 9/11, [Secretary of Defense under the George Bush administration] Donald Rumsfeld got up and confessed that the DOD was missing $2.3 trillion. And then 9/11 happened, and everybody sort of forgot about the missing money." "I kept saying," Fitts adds, "we've got to pay attention to the missing money because, essentially, most of this is being financed out of our pension funds and retirement funds. And if we don't address this, we won't have enough money to meet our obligations under the retirement system unless we lower life expectancy. And in fact, a lot of the Great Poising started at the same time." Regarding this Great Poisoning—that is, increasing environmental toxins, injecting people with toxins via "vaccines," and debasing the food supply—Fitts adds: "If you look at U.S. life expectancy, when the financial coups started, life expectancy started to fall and diverge with the other 19 industrial top industrial countries. And that accelerated with the pandemic. And what we are watching is a systematic lowering of life expectancies, which is part of dealing with this financial problem. So if you can't balance the books with full funding, you balance the books by lowering the drain that the population is taking out of the out of the retirement system." Furthermore, Fitts notes that "[We] have not seen the new or the incoming administration talk about the money that's missing from the federal government." The investment banker also says that the quarantine camps that have been built in New York State have nothing to do with quarantining sick people, and, instead, are there to imprison anybody in finance who would dare to speak up about this multi-trillion-dollar theft and fraud by the U.S. government. Regarding that topic, Fitts says: "Well, what it's very funny when [New York State attorney] Bobbie Anne Cox told me about her litigation, I said, 'Bobbie, that has nothing to do with health. That has to do with you're the New York Fed, and you need to make sure that every financial person and hedge fund manager does what you tell them to do. And if they don't, you need to be able to kidnap them.' "That's what that health regulation is about...You can't afford for one hedge fund manager to implode the entire international financial system. Do you really want a hedge fund manager standing up on the Solari show or The Shannon Joy show and talking about how they've just laundered out another trillion through the BIS [Bank of International Settlements] and they're stealing it?"](https://image.24vids.com/tw-1857875370529128842/ext_tw_video_thumb/1857853177988628480/pu/img/hvVY9YL1yTdG8YtH.jpg)
![Former Assistant Secretary of HUD Catherine Austin Fitts describes how the U.S. government stole $50 trillion of taxpayer money, used Epstein to launder it, and then poisoned Americans to shorten their lifespans: "We hit the Great Financial Crisis, and then we have $29 trillion of bailouts. So we had $21 trillion of missing money from the US government, and now we have $29 trillion in bailouts. That's $50 trillion. Okay? So we're talking about putting the United States in a debt trap, and somebody walks off with $50 trillion... "[And] Jeffrey Epstein made his first visit to the Clinton White House arranged by Bob Rubin, who was the Secretary of Treasury when the money started to go missing. Okay? And at the time he was national economic adviser. [So] I believe Jeffrey Epstein ran the SWIFT system on the missing money, is my guess what he was up to. And... the sex was just part of creating related control files that they used." This clip of Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (The Solari Report | Catherine Austin Fitts), and combat correspondent Michael Yon (Michael Yon: Callsign BIG HONEY), as well as journalist Masako Ganaha (我那覇真子 Masako Ganaha), is taken from a video posted to Yon's eponymous YouTube channel on February 16, 2026. ----------------Partial transcription of clip--------------- "And it's important to understand that we're not talking, I mean on one hand we're talking about a financial coup. So let me show you our. I just made a new chart on what I call the financial coup because I want to put a little history to this thing. "And we went through this the other night, you know, what happened in the mid-90s. We, had at the end of the, all the fraud during the '80s, we had a big reform effort and one of, part of the reform, and I know because I wrote it was, it was basically a series of reforms we instituted at HUD and then helped OMB take them government wide. "But it required the covered agencies, the top 24 agencies, to produce audited financial statements. So a process began where the government started to confess that they couldn't produce audited financial statements, but they would explain what their undocumentable adjustments were, which was transactions that weren't documented, that weren't, you know, that made it impossible for them to produce financial statements. "The people who ran the financial system tried to come up with a plan to balance the budget, including the retirement, you know, Social Security and retirement. And that led to a big bust up in 1995 when the budget deal cratered. And this event was, or this period was described to me by one of the largest pension fund guys in the country. He said, they've given up on the country. They're moving all the money out, starting this fall. "He told me that in April '96. And that's when enormous amounts of money started to disappear from the federal government. So you're increasing the debt and then money's disappearing out the back door. So think of the treasury as a laundry device that's sucking money. You know, the treasury gives bonds to the pension funds, gets money, the money disappears out the back door. "Now the taxpayers are liable to the pension funds. It's just a laundry device, okay? Anyway, so if you look at this chart, what you'll see is by 9/11 there was, you know, trillions of dollars missing from HUD and DOD. DOD is the big one. "And, in fact, Rumsfeld, the Secretary of Defense, stood up and said, you know, the DOD is missing $2.3 trillion. It's worse than terrorism. It's a greater national security threat than terrorism. Of course we know what happened with 9/11, the Patriot Act passes. But money keeps going missing until finally in 2015, $6.5 trillion was missing. "And Dr. Mark Skidmore, who's a budget expert professor at MSU heard me talking about it and said, 'Oh, she has to be wrong. That's impossible. The army can't be missing many multiples of its budget one year.' "Well, actually, if you look at how the federal credit is managed, can be. And and so he called me, he went to the financial statements and discovered I was right and he called me. And as a result he did a complete survey that was finished in 2017. And he and his students, I had the number up to $12 trillion missing. He found another $9 trillion "And so $21 trillion as of 2017, guess what the outstanding debt of the United States was when he published his report? $21 trillion. So imagine, you know, if you think it's a scam, we use debt to issue the currency, when we could just issue the currency without debt. It's really a scam when the money you raise with the debt disappears out the back door. "[And] it's a no-brainer. All you have to do is issue $21 trillion in treasuries and you finance it. And then you steal it. "So, if you go back to this chart, in 1993, Jeffrey Epstein made his first visit to the Clinton White House arranged by Bob Rubin, who was the Secretary of Treasury when the money started go missing. Okay? And at the time he was national economic adviser. I believe Jeffrey Epstein ran the SWIFT system on the missing money, is my guess what he was up to. And the, you know, the sex was just part of creating related control files that they used. "But in 1995, 1994, the New York Fed and the Fed, which had been members of the BIS from the beginning, had taken the position that being a shareholder was conflict of interest. And they reversed that position in 1994. They bought shares in the BIS. And, you know, my guess, this is a guess, I think, you know, the BIS has sovereign immunity and can move money and hold it on its balance sheet behind, in secrecy, behind sovereign immunity. "And I think the perfect way to launder this money would have been through Fed to the BIS is my guess. But there are thousands. If you look at the ways that they could have laundered this money out, it's like the joy of cooking. There are hundreds of recipes. "And with $21 trillion, you'd need many different ways. For example, my guess is Enron was one of the Laundromats. But I think also if you look at the, money disappearing, then suddenly you have all these sovereign nations around the world who are making huge donations to the Clinton Foundation. And my question is, did that money just get pulled out of HUD, moved through the BIS, over to Norway, and they just give it back? "Okay, so anyway, whatever. We hit the Great Financial Crisis, and then we have $29 trillion of bailouts. So we had $21 trillion of missing money from the US government, and now we have $29 trillion in bailouts. That's $50 trillion. Okay? So we're talking about putting the United States in a debt trap, and somebody walks off with $50 trillion. "Now there are many. You know, we could have a long conversation about where that money might have gone. But one of the things to understand is coming into 2019 in the pandemic because you have, instead of putting the retirement systems on a stable foot, you've decided instead you're going to give up on the country and you're going to take the money and run. It's like a bank robbery. "But now the retirement systems are coming due. What are you going to do? And it's pretty clear what happened next. The first thing they did was they got rid of Epstein. That's the second thing they did was they reviewed the Going Direct Reset, and they started into a reset, a central banking reset. And that reset dramatically lowered life expectancy, which had been dropping ever since 1997 when the financial coup started. "But this is all part of, you put the government in a debt trap. You've moved all the money out someplace else, and those assets and that money is someplace else. So now the government doesn't have the assets it's got, you know, but it owes the debt. You now have it in a debt trap. And now essentially what you do is you turn around to the population, say there's no money, but you weaken the population dramatically and you start depopulating, right?"](https://image.24vids.com/tw-2025248808209469545/amplify_video_thumb/2025240307596763136/img/MXbD2sb699-UBxKa.jpg)
![Catherine Austin Fitts on evidence that global leadership's planning a "complete digital control grid" "this is a group [who's] stolen $55 trillion" "[they're integrating] the U.S. [and] Israeli [militaries]" "the... military [is now] in L.A... [preparing] for urban warfare" This clip of Fitts, a former Assistant Secretary of Housing and Urban Development, investment banker, and founder of the Solari Report (The Solari Report | Catherine Austin Fitts), is taken from the Children's Health Defense series Financial Rebellion (Children’s Health Defense) posted to Rumble on June 11, 2026. ----------------Partial transcription of clip--------------- "So I would say between the bailouts, the missing money, and the Going Direct Reset, this is a group of people who've stolen $55 trillion, right? "In other words, we've had a financial coup, and we're being told the country is dangerously in debt when our debt is $39 to $40 trillion dollars. But they've stolen $55 trillion. So I don't expect benevolent treatment by people who steal 100% of the assets and then throw you in a debt trap. "And I would point out we just saw legislation adopted in the NDAA to integrate the U.S. military with the Israeli military. And to integrate, according to the Senate, the American Intelligence Agency with the Israeli Intelligence Agency. And Israel has been the leader of building information technology for the purpose of control and place based control, spatial control and financial control. "And we've done a lot on the Solari report about why we believe that Gaza is a method. But you're talking about taking the people who are the leaders in population control using very invasive technology for both control and war and integrating them into your military in a way that destroys the sovereignty of your country. "And we know around the world that populations, when a leadership wants to control their population, what do they do? They bring in foreign military or foreign mercenaries. And the United States is now doing that. "And we've seen a lot of indication that many of the immigrants who are being brought in are being used to integrate into the US military. And we now have the US military in Los Angeles doing exercises in the city to prepare for urban warfare. "So to me this looks very threatening. I would also say one of the greatest arguments is we have seen enough disclosure on the Epstein case to know that we have enormous numbers of people who have engaged in illegal activities. As far as I know we have not seen one prosecution, not one. "And, according to the Levy Institute, $29 trillion of total bailouts or loans [for the Great Financial Crisis went to the banks,] and we know $8 trillion would have paid off all the mortgages in the country, so quite a bailout."](https://image.24vids.com/tw-2065146474200187086/amplify_video_thumb/2065142528995905536/img/H3qIMluXfUFgGCfX.jpg)
