munkle
Diamond Member
- Dec 18, 2012
- 5,671
- 9,896
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Fitts says they will pass "Genius Act" this summer or in Fall if we let them.
wordpress.com/2025/06/03/catherine-austin-fitts-trump-lied-about-stopping-cbdc-genius-act-stablecoin-is-same-thing-digital-slavery-coming-in-months/
Former Bush Official Catherine Austin Fitts: Trump Lied About Stopping CBDC, “Genius Act” Stablecoin is Same Thing, Digital Slavery Coming in Months
EXCERPT
"I remember Trump crowd-pleasing anti-globalist MAGAs when he strongly and unequivocally announced that a China-style punitive, cashless, all digital money system had no place in America. The system is called CBDC, central bank digital currency, which eventually abolishes cash and credit cards and replaces them with a single, digital system of credits and debits issued by the government.
Your “money” can then be choked off or shut down by the government according to arbitrary rules on how or if you can spend your own money, all linked to a “Real ID,” biometric scans, and even vaccination status.
It is how citizens are ruled in China, and allowed the privilege of spending their money only upon “good behavior.”
Trump understands, we thought. We are saved.
People believed that a facial recognition, all-encompassing surveillance society had been thwarted with the election of Trump, and like him or not, it was important that Trump had won.
Here Catherine Austin Fitts, former Assistant Secretary of the US Department of Housing and Urban Development (HUD) under President George Bush Sr., tells us, reluctantly, that we have been played.
The “Stablecoin” created under the “Genius Act” now being considered in Congress is, in all important respects, a CBDC, says Fitts. Most notably that you will eventually be required to submit to biometric data such as iris and facial recognition scans to access your bank account, as the TSA is already pushing for travel, and your “money” can be shut down at any time you are deemed in violation of government mandates, “standards,” or regulations.
Catherine Austin Fitts warns:
“He is moving very, very fast…
..he said no CBDC’s… I don’t know if you’ve read the Genius Act which is the new plan for stable coins okay a CBDC is issued would be issued by the Federal Reserve…..
…the guys who own the New York Fed are all going to create subsidiaries and issue stable coin which will be interoperable and can work with a social credit system…”
President-elect Trump denouncing Central Bank Digital Currency “CBDC” in 2024
FEATURE: Catherine Austin Fitts: Trump’s Genius Act Stablecoin and CBDC are the same thing
Below is the US Senate page on the topic.
It proudly states:
US Senate Committee on Banking, Housing, and Urban Affairs, May 8, 2025, Genius Act
Opposition to CBDC is mainstream and across the political spectrum. Newsweek says in “CBDCs Will Be the End of American Freedom”:
“CBDCs would create an authoritarian surveillance state…“
Even the president of the Minneapolis Federal Reserve, Neel Kashkari, has said that a cashless, CBDC society would allow the federal government to “monitor every one of your transactions. I get why China would be interested. Why would the American people be for that?” .....
.........
EXCERPT
In 2022, thousands of Canadian truckers seized world attention by coming out in force against Justin Trudeau’s Covid “vaccine” mandates, and stopped the spread of vaccine passports around the world in its tracks. It was one of the most awesome displays of raw people power in many years. Strangers were welcoming the truckers and doing their laundry for them.
In response, Trudeau went after the truckers’ ability to use their own money, and froze their bank accounts.
With Real ID linked to a Stablecoin CBDC, soon linked to facial recognition and a master database on all Americans, (but not foreigners,) the elites are ensuring that something like that can never happen again.
How Canadian truckers saved the world from CO
wordpress.com/2025/06/03/catherine-austin-fitts-trump-lied-about-stopping-cbdc-genius-act-stablecoin-is-same-thing-digital-slavery-coming-in-months/
Former Bush Official Catherine Austin Fitts: Trump Lied About Stopping CBDC, “Genius Act” Stablecoin is Same Thing, Digital Slavery Coming in Months
EXCERPT
"I remember Trump crowd-pleasing anti-globalist MAGAs when he strongly and unequivocally announced that a China-style punitive, cashless, all digital money system had no place in America. The system is called CBDC, central bank digital currency, which eventually abolishes cash and credit cards and replaces them with a single, digital system of credits and debits issued by the government.
Your “money” can then be choked off or shut down by the government according to arbitrary rules on how or if you can spend your own money, all linked to a “Real ID,” biometric scans, and even vaccination status.
It is how citizens are ruled in China, and allowed the privilege of spending their money only upon “good behavior.”
Trump understands, we thought. We are saved.
People believed that a facial recognition, all-encompassing surveillance society had been thwarted with the election of Trump, and like him or not, it was important that Trump had won.
Here Catherine Austin Fitts, former Assistant Secretary of the US Department of Housing and Urban Development (HUD) under President George Bush Sr., tells us, reluctantly, that we have been played.
The “Stablecoin” created under the “Genius Act” now being considered in Congress is, in all important respects, a CBDC, says Fitts. Most notably that you will eventually be required to submit to biometric data such as iris and facial recognition scans to access your bank account, as the TSA is already pushing for travel, and your “money” can be shut down at any time you are deemed in violation of government mandates, “standards,” or regulations.
Catherine Austin Fitts warns:
“He is moving very, very fast…
..he said no CBDC’s… I don’t know if you’ve read the Genius Act which is the new plan for stable coins okay a CBDC is issued would be issued by the Federal Reserve…..
…the guys who own the New York Fed are all going to create subsidiaries and issue stable coin which will be interoperable and can work with a social credit system…”
President-elect Trump denouncing Central Bank Digital Currency “CBDC” in 2024
FEATURE: Catherine Austin Fitts: Trump’s Genius Act Stablecoin and CBDC are the same thing
All in the Name of “Security” and Fighting Money-Laundering, Unless You Are One of Them
Conveniently for students of government and banker skullduggery, they are not even trying to keep these capabilities secret, but instead turn them into selling points, citing the war against drug traffickers and money launderers. But not the kind of money launderers who launder legally by the billions through wars like Ukraine.Below is the US Senate page on the topic.
It proudly states:
US Senate Committee on Banking, Housing, and Urban Affairs, May 8, 2025, Genius Act
Opposition to CBDC is mainstream and across the political spectrum. Newsweek says in “CBDCs Will Be the End of American Freedom”:
“CBDCs would create an authoritarian surveillance state…“
Even the president of the Minneapolis Federal Reserve, Neel Kashkari, has said that a cashless, CBDC society would allow the federal government to “monitor every one of your transactions. I get why China would be interested. Why would the American people be for that?” .....
.........
EXCERPT
In 2022, thousands of Canadian truckers seized world attention by coming out in force against Justin Trudeau’s Covid “vaccine” mandates, and stopped the spread of vaccine passports around the world in its tracks. It was one of the most awesome displays of raw people power in many years. Strangers were welcoming the truckers and doing their laundry for them.
In response, Trudeau went after the truckers’ ability to use their own money, and froze their bank accounts.
With Real ID linked to a Stablecoin CBDC, soon linked to facial recognition and a master database on all Americans, (but not foreigners,) the elites are ensuring that something like that can never happen again.
How Canadian truckers saved the world from CO
