Catherine Austin Fitts, who had been managing director of the now defunct Wall Street investment firm Dillon, Read &. Co. before becoming assistant secretary of housing under George H. W. Bush, stated that somewhere between $250 and $300 billion from the importation of drugs from Colombia went to Florida, New York, Texas, and California. According to Fitts, just a decade ago these "money-laundering" states provided 80 percent of presidential campaign funds. Fitts, who is now president of Solari, Inc., and managing member of Solari Investment Advisory Services claims that corporations have stock values based upon annual net profits known as "price earnings" or "the pop" and identify the multiples of income at which a stock trades, that is, stock value. The multiplier effect of stock values can reach a factor of thirty. Fitts estimated the figure for drug money entering America reaches up to six times $250 billion annually through money-laundering activities, resulting in an estimated $1.5 trillion per year in U.S. cash transactions from the global drug trade.
Money deposited in the United States is not difficult to monitor. The U.S. Federal Reserve System registers any deposit over $10,000 as standard practice.18 According to Salomon Kalmanovitz, an economist and member of Colombia's Central Bank board of directors, the estimated wealth of the Colombian narco-bourgeoisie in the early years of the post-cartel economy was $76 billion, which is about 30 percent of the country's total wealth, less than half of U.S. annual profits from the drug trade. Robert Auerbach of the University of Texas was told by U.S. General Accounting Office inspectors in 2002 that the vaults of the Los Angeles Federal Reserve "have the second-most currency in the entire Federal Reserve System because of all the drug money flowing into California." Auerbach observed that officials who run the Federal Reserve Bank bureaucracy fail to monitor money-laundering.19 Auerbach estimates that $80 billion in cash from corrupt accounting practices in the Federal Reserve has been stored at its secon-largest vault facility in Los Angeles..."
'Guerrilla warfare is essentially a political war. Therefore, its area of operations exceeds the territorial limits of conventional warfare, to penetrate the political entity itself: the "political animal" that Aristotle defined. In effect, the human should be considered the priority objective in a political war. And conceived as the military target of guerrilla war, the human being has his most critical point in his mind. Once his mind has been reached, the "political animal" has been defeated, without necessarily receiving bullets. Guerrilla warfare is born and grows in the political environment: in the constant combat to dominate that area of political mentality that is inherent to all human beings and which collectively constitutes the " environment" in which guerrilla warfare moves, and which is where precisely its victory or failure is defined. This conception of guerrilla warfare as political war turns Psychological Operations into the decisive factor of the results. The target, then, is the minds of the population, all the populations: our troops, the enemy troops and the civilian population.'