Letter to Investors Business Daily
by CATHERINE AUSTIN FITTS
December 14, 2001

Ladies and Gentlemen:

Congratulations on your op-ed piece, "If U.S. Wins War On Terror, Why
Not War On Drugs, Too?" by Betsy McCaughey, Hudson Institute.

The War on Drugs has been tremendously successful in helping to grow the US market share of worldwide drug imports and exports to a leadership position.

It has been the critical policy behind growing US money laundering from organized crime to an all time high of $500 billion - $1 trillion (Source: US Department of Justice). This figure is just annual flows --- the accumulated "narco dollars" growing at significant compound investment rates since WWII are far more significant. Accumulated "narco capital" is now a dominant presence in the international capital markets.

With the US banks, securities firms, insurance and investment companies leadership in the reinvestment of annual and accumulated narco dollars, our leadership's ability to "control and concentrate" capital to build their empire has never been stronger.

The War on Drugs model ---working through the UN and such efforts as Plan Colombia --- is critical to the internationalization of the laws that support the growth of the financial ---and hence political--empire of these private interests.

Obviously, investors want our stock multiples to be high. Therefore, it is essential that we keep attracting as much of the accumulated "narco dollars" as possible. What better way than more enforcement geared towards helping the federal enforcement establishment "control and concentrate cash flows" down to the block level throughout 63,000 neighborhoods in America.

Three teenagers selling $300 of cocaine or ecstasy a day, laundered through a nearby fast food restaurant or motel chain, can generate $2-5 million on a corporate stock market value at PE's of 20-30X.

What would happen to the values of my mutual funds if all those kids got a legit job? Terrible.

Perhaps this is why the CIA Inspector General has admitted to
intentional support by the US intelligence and enforcement bureaucracy of supporting narcotics trafficking in the service of global power plays.

Large financial institutions and corporations whose cheap cost of
capital is essential to their global leadership will be pleased with Ms. McCaughey's hard hitting and beautifully crafted defense of our War on Drugs policy.

Surely, the head of fundraising and Hudson Institute should be quite
pleased as well. Those who control and enjoy the reinvestment of successfully laundered "narco dollars" and their private foundations are large supporters of the top American think tanks and universities.

The taxpayers? The more we spend on the War on Drugs, the more
neighborhoods deteriorate and the more drug trafficking and money laundering grow.

The War on Drugs has an almost perfect performance. The combined corporate and government return is negative. However, it is relatively easy to continue to obfuscate the negative return on investment to federal state and local taxpayers, homeowners and families and promote the positive return on investment to corporate shareholders. As a Philadelphia mafia chieftain once said, "when the government pays your expenses, than your gross is your net."

Recent reports from Afghanistan now confirm with the Taliban defeated
and our 1st world syndicate and allies in country, Afghan farmers have started to plant opium in volume once again. That's good news for the dominant global financial players, especially now that they are in position to control the cash flows for growing Afghanistan opium harvests.

I am pleased to see that Ms. McCaughey understands the meaning of
precisely how the war on terrorism is really "winning" in Afghanistan and that Investor's Business Daily and the Hudson Institute are working hard to make sure the stock market multiples on the NYSE stay as high as possible by dancing to the tune of those who control the on/off switch for trillions of accumulated "narco dollars".

Very Truly Yours,

Catherine Austin Fitts
President, Solari, Inc.

Also, see:
If U.S. Wins War On Terror, Why Not War On Drugs, Too?
By Betsy McCaughey