Posted on 05/05/2025 8:16:11 AM PDT by BenLurkin
A former housing official who worked under President George H. W. Bush has made an astonishing claim that the U.S. government spent years funneling money into the creation of a secret underground “city” where the rich and powerful can shelter in the event of a “near-extinction event.”
Catherine Austin Fitts, who served as the assistant secretary of Housing and Urban Development for Housing between 1989 and 1990, made the shocking allegations during an appearance on former Fox News host Tucker Carlson’s podcast, although there is no concrete evidence to support her claims.
Fitts, 74, who is originally from Philadelphia, cited research by Michigan State University economist Mark Skidmore, who released a report in 2017 stating that he and a team of scholars had uncovered $21 trillion in “unauthorized spending in the departments of Defense and Housing and Urban Development for the years 1998-2015.”
At the time, Skidmore noted that he first began investigating the unreported spending after he heard Fitts “refer to a report which indicated the Army had $6.5 trillion in unsupported adjustments, or spending, in fiscal 2015.”
“Given the Army’s $122 billion budget, that meant unsupported adjustments were 54 times spending authorized by Congress. Typically, such adjustments in public budgets are only a small fraction of authorized spending,” the report noted.
(Excerpt) Read more at nypost.com ...
>>Pretty damn simple answer. Where is it?
Area 51. The “secret alien research facility” conspiracy theories are just the cover story.
I’m sure this underground city / bunker exists.
The government would never just let themselves go extinct.
Catherine Austin Fitts... assistant secretary of [HUD] between 1989 and 1990... cited research by Michigan State University economist Mark Skidmore, who released a report in 2017 stating that he and a team of scholars had uncovered $21 trillion in "unauthorized spending in the departments of Defense and Housing and Urban Development for the years 1998-2015." ...At the time, Skidmore noted that he first began investigating the unreported spending after he heard Fitts "refer to a report which indicated the Army had $6.5 trillion in unsupported adjustments, or spending, in fiscal 2015."
IOW, they're citing each other, and no one else cites them. Right up Tucker's alley. Funny that he doesn't just get a job at The Atlantic or the New York Slimes, or maybe Mother Jones.
That movie’s an ad-supported freebie on YouTube right now. I saw it in the theater back when, had forgotten how much it sucked. :^)
I think the problem with pentagon spending is likely lousy accounting.
For example, let’s say they have 500 contracts with Lockheed Martin. Each department gets an invoice and they process it for payment. But they don’t put the contract number of budget line on the payment order. As the payment system combines the transactions for the actual check (or funds transfer) it goes back to Lockheed as “Fed Contracts.” Lockheed has no idea what they are for, so they just apply them to oldest first and work their way forward.
In the end, this results in double billing, late fees, or cost plus impacts. THAT results in overspending.
Basic accounting stuff seems to be a mystery to a lot of these agencies. And it’s funny, because I sat next to a lot of these managers in our college accounting courses. They got better grades that me. So, I don’t understand how it would get so bad.
And…of course, they are funding the reverse engineering of the UFOs they’ve gathered over the years. That’s gotta cost a lot of money.
Agreed. Remember how the Deep Impact movie promoted the new MSNBC channel as though it was a news organization? LOL
I attended a couple of industry meetings at the Greenbrier in the 1970s.
At the opening dinner the manager of the Greenbrier welcomed the delegates. His first remark: “Welcome to the poverty-striken hills of West Virginia.”
You’re right. Couldn’t possibly keep that a secret.
Anyway, any talk of $trillions was unimaginable back then.
Can we just send the politicians, Hollywood and media elites to go live there now? We’ll keep them supplied with fuel, liquor and confiscated drugs on the condition that communication with the outside world is cut, and they can never leave.
I quit listening to this woman when she began trashing Trump years ago.
He was CIA so makes sense. Bought and paid for by rich LIEberals!
Yeah, figures too.
The other movie, basically the same scenario, with Bruce Willis? Saw that back when as well. Also sucked.
Tucker sure went downhill.
Makes Tucker look like the stupid one wouldn’t you say?
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Why? He had nothing to do with what she said.
Pretty damn simple answer. Where is it?
They could tell you, but then they’d have to kill you.
Which is why it isn't a secret.
Actually, hiding something that big can be done, and it has been done. I worked on a defense project in the 1990’s that had been hidden in plain sight since the late ‘80’s. Workers were told that they could not even tell their wives where they worked. The work sites were spread across the world, thousands of people were involved.
An investigation was launched after rumors started circulating, and it was found that they were coming from the military.
Of course, that was during the Cold War, and it was viewed as a vital defense project.
I think it would be hard to sell to civilians that what is essentialy a luxury housing project is a vital secret.
The construction of the Greenbrier underground “city” shows how it can be done.
https://en.wikipedia.org/wiki/The_Greenbrier
“In the late 1950s, the U.S. government approached the Greenbrier for assistance in creating a secret emergency relocation center to house Congress in the aftermath of a nuclear holocaust.”...
“The classified, underground facility, named “Project Greek Island”,[11][19] was built at the same time as the West Virginia Wing, an above-ground addition to the hotel, from 1959 to 1962.”
The excavated material had an excellent cover story—because there was other public construction ongoing at the site.
Btw—notice that there were no whistleblowers or leakers for a couple of decades even though many hundreds of workers were involved in the project.
In addition the facility was kept supplied and habitable for thirty years.
This stuff was totally doable using 1950s technology—obviously modern tech would make it a lot easier.
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