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Prison and Drug Economy Expert Catherine Austin Fitts on

category north america / mexico | crime prison and punishment | non-anarchist press author Sunday July 20, 2008 03:52author by African People's Solidarity Committee Report this post to the editors

Inner Workings of the Parasitic Economy

This week on Solidarity Not Charity Penny Hess will interview Catherine Austin Fitts, former Wall Street investment banker and Assistant Secretary of Housing and Urban Development under the administration of George Herbert Walker Bush.
Catherine Austin Fitts
Catherine Austin Fitts

Listen live this Sunday, July 20th at 4pm EST on

Ms. Fitts talks about the enormous profits made by Wall Street and government officials through the multi-billion dollar prison and illegal drug economies at the expense of the African community. She exposes how mandatory minimum and three strikes laws used to lock up young black men boost stock prices for Wall Street firms invested in the prison and drug economy, and how these same Wall Street banks are currently being bailed out by the U.S. government after fleecing black people in the sub-prime scam.

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