15 April 2004

An Open Letter to Condoleezza Rice

A friend emailed me, and I thought I would share it:

[As usual anything I forward to you represents the original author's opinion. I may or may not agree with their opinion either in part or in its entirety. This author has a far more detailed analysis of the financial aspects behind 9/11 at the links included below. I've appended her resume at the end. -RL]

April 9, 2004

by former Assistant Secretary of Housing, Catherine Austin Fitts

Date: April, 9 2004
Subject: Open Letter to Condoleezza Rice
TO: President George W. Bush; Vice President Richard Cheney
National Commission on Terrorist Attacks Upon the United States

Ladies and Gentlemen:

Attached please find a letter sent to Condoleezza Rice via Webmail

Sincerely Yours,

Catherine Austin Fitts
Former Assistant Secretary of Housing, Bush I
Solari, Inc
Hickory Valley, Tennessee


"You Are a Liar"


Catherine Austin Fitts
Former Assistant Secretary of Housing

Hon. Condoleezza Rice
National Security Advisor
The White House
1600 Pennsylvania Avenue NW
Washington, DC 20500

April 9, 2004

Dear Ms. Rice:

I am writing to communicate four points regarding your testimony yesterday
under oath before the National Commission on Terrorist Attacks Upon the
United States.

Point #1: You are a liar.

Attorney General Ashcroft sits on the National Security Council. Warned by
his FBI security detail, the head of law enforcement for the United States
knew to avoid commercial airlines on September 11, 2001.

It was your job as National Security Advisor to make sure that the people
who flew on American Airlines Flight 11, United Airlines Flight 175,
Airlines Flight 93 and American Airlines Flight 77 had the benefit of the
same warnings as those they paid to protect us.

You knew. You kept silent. They died.

You had numerous warnings of the risks of 9-11 - sufficient to let the
American people know and use their best judgment as to how to protect
themselves from a possible attack. It was your job as National Security
Advisor to make sure that the people in the South Tower of the World Trade
Center had the knowledge they needed to evacuate their building upon
seeing the North Tower hit by a plane.

You knew. You kept silent. They died.

Point #2: Your motives are transparent.

The World Trade Center is in the heart of New York City - one of the great
financial capitals of the world. The Pentagon is in the heart of
Washington -- the appropriation and accounting capital for the US federal
budget and credit and the US Treasury - the largest issuer of securities
in the world.

Unlike many other terrorist attacks, these attacks killed people whose
family, friends and neighbors understand how these financial systems work.
Victim families, friends and the residents of the communities directly
harmed can calculate who made money on 9-11 profiteering. They can trace
the flow of money into the 2004 Presidential campaign coffers from the profits
your supporters made as a result of 9-11 profiteering. They can calculate
how 9-11 profiteering connects to the financing and silence of corporate

Those personally impacted and the global researchers they network with
have the intellectual power and personal courage to ask and answer, "Cui Bono?"
(Who Benefits?) They understand that your success as National Security
Advisor is as a direct result of your failure to stop 9-11. They can see
how your lies about 9-11 made money for the investment syndicate that put you
in power and for the buyers of US Treasury securities who are so richly paid
to finance the US military, intelligence and enforcement apparatus and the
defense contractors and oil interests it serves.

All the campaign ads in the world can not now convince the American people
that you have their best interests at heart.

Point #3: You are going down.

The richest and most powerful people in the world pay for performance.
They pay you to make the US governmental apparatus look legitimate while they
use it to centralize economic and political power. That means they need liars
who are better at lying than you.

The myth that you had no idea that Americans deserved to be warned about
the risks of flying or planes being used as weapons is now in the dust heap
with the notion that the United States attacked Iraq and our soldiers are dying
to protect us from Iraqi weapons of mass destruction.

Your lies of 9-11 - like your lies about the Iraqi war - have been
profitable for the military-banking complex you represent. These lies,
however, have not misled the crowd. The American people and global
citizens are looking for the truth. We demand the changes that will give meaning
and honor to those who died on 9-11 and in the ensuing wars. We demand an end
to further bloodshed. We demand a refund of all that you and your backers
have stolen from those of us who remain alive.

Point #4: You are guilty of criminal gross negligence.

If you want to catch a terrorist today, you need look no further than your
own mirror.

Many Americans gather this weekend to give thanks that Jesus died for our
sins and gave us the covenant of grace. In the spirit of our Lord's
crucification and resurrection, may God have mercy on your soul.

Sincerely Yours,

Catherine Austin Fitts
Former Assistant Secretary of Housing, Bush I
Solari, Inc
PO Box 157
Hickory Valley, TN 38042

Letter Submitted:

White House Webmail: https://sawho14.eop.gov/PERSdata/intro.htm
E-mail cc to:
President George W. Bush: president@whitehouse.gov;
Vice President Richard Cheney: vice.president@whitehouse.gov;
The White House
1600 Pennsylvania Avenue, NW
Washington, DC 20500
Comments: 202-456-1111
Tel: 202-456-1414

National Commission on Terrorist Attacks Upon the United States
301 7th Street, SW
Room 5125
Washington, DC 20407
(202) 331-4060

Background Articles:

Ashcroft Flying High
CBS News
Washington DC, July 26, 2001

A Historical Whitewash?
by Kelly Patricia O'Meara
Insight Magazine, November 24, 2003

If the World Was Talking, Why Didn't We Listen?
by Kelly Patricia O'Meara
Insight Magazine, November 24, 2003

9-11 Profiteering
by Catherine Austin Fitts
Scoop Media, March 22, 2004

A Letter to the Editor of the Wall Street Journal
by Catherine Austin Fitts
Scoop Media, October 6, 2003

Where is the Money?

Catherine Austin Fitts
Solari, Inc.
PO Box 157
Hickory Valley, TN 38042

Solari -> Who -> Bio


Solari, Inc., Hickory Valley, Tennessee
President of investment advisor (in formation).

The Hamilton Securities Group, Inc., Washington, DC, San Francisco, CA, and New York, NY
President, 1991-1998. Responsible for founding and building this
broker-dealer/investment bank with special emphasis on financial software
technology and advanced decision science. Transactions for government and
private clients totaled $12 billion of auctions and private placements.
Portfolio strategy for the Federal Housing Administration related to $400
billion of mortgage insurance and related securities and real estate
assets and liabilities. Transactions and portfolio strategy relied heavily on
pricing infrastructure of software, databases and pricing tools used to
identify and price existing and pro forma geographic flows of private and
public income and investment on an integrated basis.

U.S. Department of Housing and Urban Development, Washington, DC
Assistant Secretary for Housing-Federal Housing Commissioner, 1989-1990.
Responsible for the operations of the Federal Housing Administration,
including: annual originations of $50-100 billion of mortgage insurance;
servicing of $320 billion of mortgage insurance, mortgages and properties,
portfolio analysis and pricing for 63,000 communities; production and
management of assisted private housing; reengineering of organization of
7,000 employees in 80 offices nationwide; migration of systems to network
systems and tools; and advisor to the Secretary on capital markets
regulatory responsibilities, including the RTC Oversight Board, Federal
Housing Finance Board and Home Loan Bank Board System, Fannie Mae and
Freddie Mac. Focus included changes in law, regulations and administration
to institute financial and appropriation controls and financial, actuarial
and place based disclosure for FHA, federal credit programs and agencies
government wide.

Dillon, Read & Co. Inc., New York, NY
Managing Director and Member, Board of Directors, 1986-1989; Senior Vice
President, 1984-1986; Vice President, 1982-1984; Associate, 1978-1982.
Served in the Corporate Finance, Energy Finance, Mergers and Acquisitions
and Public Finance Departments.


* The Wharton School, University of Pennsylvania, M.B.A., 1978
* The University of Pennsylvania, B.A., 1974 (History)
* Yale-in-China Language Institute, Hong Kong (Mandarin)
* Bennett College, A.A., 1970 (English)
* Summer Schools, Harvard 1969, Stanford 1970
* Sabbatical, MIT, Fall 1995


* Column: The Real Deal, Scoop Media
* Regular Contributor: Sanders Research Associates, Le Metropole Cafe,
and From the Wilderness
* Regular Speaker & Radio Talk Show Guest



* Member, Greater Mount Calvary Holy Church, 11/97- date
* Member, Hickory Valley Baptist Church, 11/99-date

Business & Capital Markets

* Member, Rotary Club of Bolivar, TN, 3/04-date
* Member, Advisory Board, Sanders Research Associates, 6/01-date
* Member, The Economic Club of New York, 1/88-12/01
* Member, Board of Directors, Student Loan Marketing Association, Sallie
Mae, 11/91-3/94
* Member, Board of Directors, Dillon, Read & Co. Inc., 1/86-3/89
* Member, Board of Directors, Carteret Savings Bank, F.A., Morristown,
NJ, 6/91-12/92
* Member, Board of Directors, First American Corp. and First American
Bankshares, Inc., 3/94-10/96
* Member, Advisory Council, Federal National Mortgage Association,
Fannie Mae, 2/92-12/93
* Member, Emerging Markets Advisory Committee, Securities & Exchange
Commission, 4/90-10/93
* Member, The Bond Club of New York, Inc., 2/88-3/89

Information Technology

* Member, Advisory Board, HTML.com, 11/02-date


* Member, Board of Trustees, The Friends Select School, 9/99-5/02
* Member, Graduate Executive Board, Wharton School, University of
Pennsylvania, 4/86-10/94
* Member, Board of Overseers, University of Pennsylvania School of
and Sciences, 2/87-3/89
* Member, Board of Directors, Wharton Business School Club of New
Inc., 12/88-3/89
* Member, Advisory Board, The Wharton School Club of Washington, DC,
* Member, Board of Trustees, Bank Street College, 11/88-3/89
* Member, Capital Task Force Financial Advisory Group, New York City
Brd. of Education, 7/87-3/89

Arts & Community

* Member, Board of Directors, New York City Food Bank, 3/87-3/89
* Member, Council for Excellence in Government, 7/91-12/97
* Member, The Urban Land Institute, 5/90-12/97
* Member, Board of Directors and Executive Committee, National Multi
Housing Council, 4/92-12/95
* Member, Board of Directors, The Housing Roundtable, Inc., 1/91-12/93

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