From 2023, re: Lahaina/Paradise fires, but relevant to current L.A. fires?

"In California...you have homes that are devastated, and...infrastructure that's...untouched...this is a [Geographic Information Systems]–designed burn...[It's] a leveraged buyout on a neighborhood."

In this clip from an interview posted Aug. 30, 2023, investment banker, former HUD official, and founder of the Solari Report (@solari_the) Catherine Austin Fitts describes for retired R&D pharma executive Sasha Latypova (@sasha_latypova) how the devastating fires in Lahaina, Hawaii (Aug. 2023) and Paradise, California (2018), were "[Geographic Information Systems]–designed burn[s]" used to implement "leveraged buyouts" on neighborhoods. 

(For reference, from Grok: "Geographic Information Systems—GIS—are integral to the operations of many U.S. federal government agencies, providing tools for spatial analysis, data management, and visualization that are essential for various governmental functions. The U.S. Geological Survey uses GIS for a wide range of applications including mapping natural disasters, tracking geological phenomena like earthquakes, and managing natural resources.) 

"You saw this in California. You know? You have these homes that are devastated, and then you come up and there's infrastructure that's totally untouched," Fitts says, referencing the Paradise fires. "And then there's some big hotel, and it's absolutely touched. And then you go on and...it's all burned down. So when you look at the drone shot in the, I think it was the drone shot you published with the description of GIS, you know, you see that this is a GIS-designed burn."

Fitts adds, "This is a clearing. And what I have to tell you is if you were going to have to buy that land or do it with eminent domain or do it through the local zoning and ordinance and planning and city council process, it would take you a decade or two to accumulate that land or get any of this done. So you not only speed up the process enormously, you dramatically...skyrocket your turn return on investment because your initial investment is so low, and the redevelopment can go to so fast."

The former HUD official and investment banker goes on to say: 

"If you look at these things as sort of a leveraged buyout on a neighborhood, I used to write a lot about leveraged buyouts of a neighborhood. But if you look at what it does to the economics of the leveraged buyout, it's phenomenal. Because you so lower your money in. And then...the speed is everything. You can really speed [things] up, and then you've got everything cleared at the same time. It's just go.

"It's not just fire that does these things. If you look at what happened in [Hurricane] Katrina. There are a lot of people I met from New Orleans when I went the next time after Katrina who said, 'Yeah, they blew the levees,' and, in, I think it was '77 or '78...they blew the levees this time.

"So, you know...it's done with fire. It's done with water, so with flooding. [And] we saw it done during the pandemic, with riots."