Podcast Title: The Jimmy Dore Show
Host: Jimmy Dore
Episode Title: Trump’s SHOCKING Turn Against Netanyahu! Is It Real?
Guest: Catherine Austin Fitts
Release Date: May 12, 2025

Introduction

In this episode of The Jimmy Dore Show, host Jimmy Dore engages in a profound and intense discussion with Catherine Austin Fitts, an esteemed American investment banker and former Managing Director of Dylan Reed and Co., who also served as the United States Assistant Secretary of Housing and Urban Development during the George H.W. Bush administration. The primary focus revolves around the alleged $21 trillion in unauthorized spending by the U.S. Department of Defense and the Department of Housing and Urban Development over a 17-year period, and the broader implications of Trump's reported estrangement from Israeli Prime Minister Benjamin Netanyahu.

Discussion with J.D. Vance (00:00 - 07:35)

Before delving into the main conversation, Jimmy Dore introduces a special guest appearance by J.D. Vance, the Vice President, who discusses his ambitions to establish a political dynasty akin to the Kennedys. Their exchange is marked by skepticism and sarcasm, especially regarding Vance's half-brother Corey’s unsuccessful bid for Mayor of Cincinnati.

Notable Quote:

• Jimmy Dore (02:28): "That's a pretty slow start to trying to match the Kennedys."

• J.D. Vance (04:31): "The Vance's will be the Kennedys... The Kennedys were a fancy pants political family. The Vance's will be the Kennedys for people who drank so much grape soda growing up that it permanently affected their body."

Despite the brief interaction, the conversation sets a tone of irony and critique of political ambitions that mirror established dynasties.

Main Interview with Catherine Austin Fitts (07:35 - 64:25)

Trump's Break with Netanyahu (07:35 - 12:15)

Jimmy introduces Catherine Austin Fitts and immediately addresses the headline topic: U.S. President Donald Trump's reported decision to sever direct ties with Israeli Prime Minister Benjamin Netanyahu. This decision allegedly stems from concerns that Netanyahu is manipulating Trump, leading to strained U.S.-Israel relations.

Notable Quotes:

• Jimmy Dore (08:53): "Trump cuts ties with Netanyahu over manipulation concerns... people around Trump told him Netanyahu was manipulating him."

• Catherine Austin Fitts (10:31): "I'm shocked to find that gambling is going on in this establishment."

Fitts expresses skepticism about the sincerity of Trump's actions, suggesting that despite cutting off communication, substantial financial support continues unabated.

Allegations of Unauthorized Spending (12:15 - 20:48)

The conversation shifts to Fitts' co-authored 2017 report alleging $21 trillion in unauthorized spending by the Department of Defense and HUD. She argues that this malpractice has enabled policies detrimental to U.S. sovereignty and financial integrity.

Notable Quotes:

• Catherine Austin Fitts (12:25): "Second, he requires disclosure by any government official or member of Congress as to whether they have dual citizen passports... And third, we stopped funding the genocide in Gaza."

• Jimmy Dore (22:37): "The bank of International Settlements which people have no idea what that bank is... it controls all our money."

Fitts elaborates on the mechanisms through which unauthorized spending and financial mismanagement occur, emphasizing the role of central banks and digital currencies in consolidating control over national finances.

Central Bank Digital Currencies (CBDCs) and the Digital Control Grid (20:48 - 43:38)

A significant portion of the discussion centers on the dangers of CBDCs and their potential to establish a "Digital Control Grid." Fitts warns that these digital currencies could grant unprecedented surveillance and control over individuals' financial transactions, effectively eroding financial freedom and personal liberties.

Notable Quotes:

• Catherine Austin Fitts (22:37): "The bank of International Settlements... leads up to processes in many different countries through something called innovation hubs to institute central bank digital currency."

• Jimmy Dore (25:01): "Elon Musk's Starlink, they'll know where you are at every moment... with complete surveillance, we'll be able to turn your money on and off if you disobey the rules."

• Catherine Austin Fitts (28:04): "The issue is programmable money and interoperable with digital IDs... you can decide when and how you can use it."

Fitts discusses how CBDCs, combined with high-precision identification systems and surveillance technologies, could enable governments to enforce strict control over citizens' financial activities, leading to a loss of economic autonomy.

Real ID and Surveillance (38:32 - 43:38)

The conversation delves into the Real ID system, highlighting concerns over privacy and the potential for mass surveillance. Fitts asserts that Real ID is a crucial component in establishing a comprehensive control grid.

Notable Quotes:

• Catherine Austin Fitts (38:32): "This system requires very high quality precision ID system. I need to make sure you're Jimmy and I'm Catherine."

• Jimmy Dore (39:35): "If I get a real id, how does that differ fundamentally from a regular [ID]?"

• Catherine Austin Fitts (39:35): "The Real ID system is designed... to link into a global system."

She emphasizes that Real ID, when integrated with digital currencies and surveillance systems, can facilitate seamless control and monitoring of individuals across borders.

Resistance and Solutions (43:38 - 57:50)

Fitts offers a glimmer of hope by advocating for collective action to counteract the encroaching control systems. She encourages the use of cash, support for ethical financial institutions, and investment in enterprises that prioritize transparency and trust.

Notable Quotes:

• Catherine Austin Fitts (43:09): "This is an electronic network... allowing individuals to be surveilled, tracked and made subject to invasive controls."

• Jimmy Dore (57:36): "So yes, yes, gold is doing very well right now... what do you think about bitcoin?"

• Catherine Austin Fitts (57:50): "Bitcoin is a Ponzi scheme... It doesn't understand how control works."

Fitts criticizes alternative financial systems like Bitcoin, asserting that they are not immune to manipulation by those in power. Instead, she promotes traditional investments in physical assets like precious metals and emphasizes the importance of investing in people and ethical enterprises.

Conclusion and Call to Action (57:50 - 64:25)

As the interview wraps up, Fitts reinforces the urgency of resisting the digital control grid by fostering financial independence and community solidarity. She highlights the role of grassroots movements and individual actions in reclaiming financial freedom and protecting civil liberties.

Notable Quotes:

• Catherine Austin Fitts (61:55): "Our goal is to support leaders who are working to protect financial transaction freedom."

• Jimmy Dore (62:47): "It's been a real eye opener... Thanks for the kind words about the show."

• Catherine Austin Fitts (64:25): "We need to discuss these things together and be our own intelligence network."

Key Insights and Conclusions

1. Financial Mismanagement: The alleged $21 trillion in unauthorized spending represents a systemic issue within key U.S. government departments, enabling policies that undermine national sovereignty and economic stability.

2. Digital Control Grid: The transition to CBDCs and advanced surveillance technologies poses significant threats to personal financial freedom and privacy, potentially leading to a highly regulated and controlled society.

3. Real ID and Surveillance: Implementing the Real ID system is seen as a pivotal step in establishing comprehensive surveillance and control over individual movements and financial transactions.

4. Resistance Strategies: Collective action, such as using cash, supporting ethical financial institutions, and investing in trustworthy enterprises, is crucial in combating the establishment's efforts to centralize financial control.

5. Skepticism of Alternative Systems: While alternatives like Bitcoin are often touted as resistance tools, Fitts argues that they are not sufficiently robust against manipulation and control by powerful entities.

6. Call to Collective Action: Empowering individuals and communities to take actionable steps towards financial independence and resistance against overarching control systems is essential for preserving civil liberties.

Final Thoughts

This episode serves as a compelling call to awareness and action against potential overreach by governmental and financial institutions. Through Catherine Austin Fitts' insights, listeners are encouraged to critically evaluate the evolving landscape of digital currencies and surveillance, and to take proactive measures to safeguard their financial autonomy and personal freedoms.

Disclaimer: The views expressed in this summary are based solely on the transcript provided and do not reflect any endorsement or verification of the claims made by the speakers.