Karen Hudes, Former World Bank Atty., Exposes Control by Global Banking of the World Bank, Corporations and the Media
May 24, 2013
“When you turn on the television, whatever you’re watching has been filtered by those people!
So, we don’t have a Democracy here.
… my story is about being very close to Martial Law”
In one of the most significant interviews on International Finance and Banking, Karen Hudes, Former World Bank Attorney, talks about her experience working for the World Bank. Her actions to report on corruption at the World Bank led to her termination in 2007. Since then, she has been trying to get her story out to the public.
During the World Bank and IMF Annual Meetings last October, with her encouragement, the Development Committee informed President Jim Yong Kim of the need for “a more open, transparent and accountable World Bank Group.” The reasons that motivated that request included the following series of disturbing developments:
The World Bank has disregarded the Joint Economic Committee’s 2005 inquiry into the World Bank’s “corporate governance irregularities” and “accounting problems”;
The World Bank has failed to follow the Joint Economic Committee’s advice that professional financial and accounting employees be given independent access to the World Bank’s Board and its Audit Committee;
The World Bank has failed to protect Hudes against retaliation for challenges of illegality or other misconduct through external arbitration pursuant to the 2005 Lugar-Leahy amendment, which could threaten its mission;
The World Bank has stonewalled Senator Lugar’s and Congressman Van Hollen’s four requests for the advice of the executive search firm following Hudes’ disclosure of internal control lapses;
The World Bank has refused to comply with the Government Accountability Office inquiry into corruption requested by Senators Lugar, Leahy and Bayh for more than three years;
Congress has reiterated its request for the GAO inquiry during hearings on the World Bank capital increase, with which it has yet to comply; and,
Treasury Secretary Timothy Geithner misrepresented progress on World Bank reform in his 11/21/12 report to the Appropriations Committees pursuant to § 7082 of the Consolidated Appropriations Act of 2012.
During her research of The World Bank, she discovered that there are 43,000 Trans-National Corporations that control nearly everything and that these corporations are merged together into Conglomerate – a Super Entity. This fact translates into the recent LIBOR Scandal.
Confirming what one sees in the world in terms of a coordinated plan to control all finance, Karen explains that this Super Entity controls 40% of the Net Worth of Publically Traded Corporations and 60% of the Net Earnings on the Capital Markets through their Interlocking Directorships.
Also, as many in the Alternative Media have known for years, there exists a Mainstream Media Cover–Up of most criminality and corruption, including the 9/11 WTC Terrorist Attack on September 11, 2001, the Benghazi 9/11 Assassination of Ambassador Stevens, the Death of Seal Team 6 in retaliation for their knowledge of the Fake Bin Laden Killing, the Boston Marathon Bombing False-Flag and other recent events including the IRS Scandal that is unfolding now.
Where things stand
Dr. Jim Yong Kim, President of the World Bank, has refused to tackle the corruption. He has even had me locked out of the World Bank’s headquarters. On March 19, 2013, I reported to the World Bank, informing Allied Barton’s security personnel that I was duly reinstated by the shareholders of the World Bank. Allied Barton illegally denied me a security badge. An Allied Barton officer raised his voice to me.
The World Bank, under Dr. Kim’s presidency, called the DC police on a legal officer of the World Bank whose reinstatement was necessary in order to qualify for the US contribution to the World Bank’s capital increase. Notwithstanding that the World Bank refused to confirm any request to the police in writing in an attempt to evade accountability, I left the premises at the request of the DC police. However, I did report to the 2nd District Precinct that the DC police had been derelict in their duties.
Republicans and Democrats in Congress have tried to expose the corruption to the American public by calling for an inquiry by the Government Accountability Office. Congress has attempted to fight the corruption by refusing to disburse the World Bank capital increase until there is substantial progress in eliminating the effects of retaliation against whistleblowers who disclosed illegality and corruption. The UK and EU Parliaments have also published testimony and held hearings on the corruption.
The World Bank has attempted to intimidate the World Bank’s Board members, which violates federal, state, and international securities laws. Fortunately, a team of whistleblowers disclosed this corruption and lawlessness to state governors, attorneys general, and chief justices of state supreme courts. State authorities, together with NATO and other allies, are attempting to prevent this corruption from lowering the US credit rating and causing a currency war between nations.
The situation in Cyprus appears to be growing increasingly more serious. The prospects for the World Bank itself are also increasingly in jeopardy, where Brazil, Russia, India, China and South Africa (the BRICS nations) areplanning to create their own alternative World Bank. These consequences might well have been avoided had President Kim adhered to the principles of the rule of law, reinstated me and implemented appropriate accounting procedures. That he has done none of these, alas, remains a cause of grave concern, where his past performance in relation to JFK is anything but reassuring.
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to poor countries. It is the largest and most famous development bank in the world and is an observer at the United Nations Development Group. The bank is based in Washington, D.C. and provided around $30 billion in loans and assistance to “developing” and transition countries in 2012. The bank’s mission is to reduce poverty.
Paul Dundes Wolfowitz (born December 22, 1943) is a former United States Ambassador to Indonesia, U.S. Deputy Secretary of Defense, President of the World Bank, and former dean of the Paul H. Nitze School of Advanced International Studies at Johns Hopkins University. He is currently a visiting scholar at the American Enterprise Institute, working on issues of international economic development, Africa and public-private partnerships, and chairman of the US-Taiwan Business Council.
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Avalon is an Investigative Journalist and Strategist working for Intellihub.com
Wednesday, 22 May 2013 10:28
Written by Alex Newman
A former insider at the World Bank, ex-Senior Counsel Karen Hudes, says the global financial system is dominated by a small group of corrupt, power-hungry figures centered around the privately owned U.S. Federal Reserve. The network has seized control of the media to cover up its crimes, too, she explained. In an interview with The New American, Hudes said that when she tried to blow the whistle on multiple problems at the World Bank, she was fired for her efforts. Now, along with a network of fellow whistleblowers, Hudes is determined to expose and end the corruption. And she is confident of success.
Citing an explosive 2011 Swiss study published in the PLOS ONE journal on the “network of global corporate control,” Hudes pointed out that a small group of entities — mostly financial institutions and especially central banks — exert a massive amount of influence over the international economy from behind the scenes. “What is really going on is that the world’s resources are being dominated by this group,” she explained, adding that the “corrupt power grabbers” have managed to dominate the media as well. “They’re being allowed to do it.”
According to the peer-reviewed paper, which presented the first global investigation of ownership architecture in the international economy, transnational corporations form a “giant bow-tie structure.” A large portion of control, meanwhile, “flows to a small tightly-knit core of financial institutions.” The researchers described the core as an “economic ‘super-entity’” that raises important issues for policymakers and researchers. Of course, the implications are enormous for citizens as well.
Hudes, an attorney who spent some two decades working in the World Bank’s legal department, has observed the machinations of the network up close. “I realized we were now dealing with something known as state capture, which is where the institutions of government are co-opted by the group that’s corrupt,” she told The New American in a phone interview. “The pillars of the U.S. government — some of them — are dysfunctional because of state capture; this is a big story, this is a big cover up.”
At the heart of the network, Hudes said, are 147 financial institutions and central banks — especially the Federal Reserve, which was created by Congress but is owned by essentially a cartel of private banks. “This is a story about how the international financial system was secretly gamed, mostly by central banks — they’re the ones we are talking about,” she explained. “The central bankers have been gaming the system. I would say that this is a power grab.”
The Fed in particular is at the very center of the network and the coverup, Hudes continued, citing a policy and oversight body that includes top government and Fed officials. Central bankers have also been manipulating gold prices, she added, echoing widespread concerns that The New American has documented extensively. Indeed, even the inaccurate World Bank financial statements that Hudes has been trying to expose are linked to the U.S. central bank, she said.
“The group that we’re talking about from the Zurich study — that’s the Federal Reserve; it has some other pieces to it, but that’s the Federal Reserve,” Hudes explained. “So the Federal Reserve secretly dominated the world economy using secret, interlocking corporate directorates, and terrorizing anybody who managed to figure out that they were having any kind of role, and putting people in very important positions so that they could get a free pass.”
The shadowy but immensely powerful Bank for International Settlements serves as “the club of these private central bankers,” Hudes continued. “Now, are people going to want interest on their country’s debts to continue to be paid to that group when they find out the secret tricks that that group has been doing? Don’t forget how they’ve enriched themselves extraordinarily and how they’ve taken taxpayer money for the bailout.”
As far as intervening in the gold price, Hudes said it was an effort by the powerful network and its central banks to “hold onto its paper currency” — a suspicion shared by many analysts and even senior government officials. The World Bank whistleblower also said that contrary to official claims, she did not believe there was any gold being held in Fort Knox. Even congressmen and foreign governments have tried to find out if the precious metals were still there, but they met with little success. Hudes, however, believes the scam will eventually come undone.
“This is like crooks trying to figure out where they can go hide. It’s a mafia,” she said. “These culprits that have grabbed all this economic power have succeeded in infiltrating both sides of the issue, so you will find people who are supposedly trying to fight corruption who are just there to spread disinformation and as a placeholder to trip up anybody who manages to get their act together.… Those thugs think that if they can keep the world ignorant, they can bleed it longer.”
Of course, the major corruption at the highest levels of government and business is not a new phenomenon. Georgetown University historian and Professor Carroll Quigley, who served as President Bill Clinton’s mentor, for example, wrote about the scheme in his 1966 book Tragedy And Hope: A History Of The World In Our Time. The heavyweight academic, who was allowed to review documents belonging to the top echelons of the global establishment, even explained how the corrupt system would work — remarkably similar to what Hudes describes.
“The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole,” wrote Prof. Quigley, who agreed with the goals but not the secrecy. “This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.”
But it is not going to happen, Hudes said — at least not if she has something do to with it. While the media are dominated by the “power grabber” network, Hudes has been working with foreign governments, reporters, U.S. officials, state governments, and a broad coalition of fellow whistleblowers to blow the entire scam wide open. There has been quite a bit of interest, too, particularly among foreign governments and state officials in the United States.
Citing the wisdom of America’s Founding Fathers in creating a federal system of government with multiple layers of checks and balances, Hudes said she was confident that the network would eventually be exposed and subjected to the rule of law, stopping the secret corruption. If and when that happens — even if it may be disorderly — Hudes says precious metals will once again play a role in imposing discipline on the monetary system. The rule of law would also be restored, she said, and the public will demand a proper press to stay informed.
“We’re going to have a cleaned-up financial system, that’s where it is going, but in the meantime, people who didn’t know how the system was gamed are going to find out,” she said. “We’re going to have a different kind of international financial system…. It’ll be a new kind of world where people know what’s going on — no more backroom deals; that’s not going to keep happening. We’re going to have a different kind of media if people don’t want to be dominated and controlled, which I don’t think they do.”
While Hudes sounded upbeat, she recognizes that the world is facing serious danger right now — there are even plans in place to impose martial law in the United States, she said. The next steps will be critical for humanity. As such, Hudes argues, it is crucial that the people of the world find out about the lawlessness, corruption, and thievery that are going on at the highest levels — and put a stop to it once and for all. The consequences of inaction would be disastrous.
Alex Newman, a foreign correspondent for The New American, is currently based in Europe. He can be reached at firstname.lastname@example.org.
New Signs ‘the Elite’ Have Given Me
Breaking News From Newsmax.com (05-09-13):
The Federal Reserve is making some huge financial moves that will drive the USA deep into debt and decrease the buying power of the dollar. They will take them and use them as an investment in the derivatives market. “They will hedge the derivative market.” They will fractionally reserve all the mortgages and turn the $40 billion into $360 billion and make $1 trillion off of mortgage debt in 3 months.
The banks receiving the $40 billion will turn around and take this money and buy treasury bills. It will go towards paying the debt of the US, not to improve the economy. Basically, the FED gives the bank money which they give back to the FED and the FED ads fees and interests which drives up the debt more. —
The Emperor is Naked: David Stockman
Source: Karen Roche and JT Long of The Gold Report (05/04/12)
Pastor Williams was given the northern 7 out of the 28 construction camps including the oil field at Prudhoe Bay to hold worship services at the 7 camps once a day. After six months a PR employee at Alyeska Pipeline Company told Pastor Lindsey Williams that he was an invaluable asset to the company. He said that Lindsey was saving the oil pipeline company thousands of dollars of counselling fees and had voted successfully to give Pastor Williams executive status if he wished to accept it. Executive status meant that Lindsey Williams could go anywhere he liked and see anything he wanted regarding the pipeline operation. They gave him a vehicle and an executive pass and he was also invited to sit in on board meetings in an advisory capacity in order to help the relationship between management and labor.
For three years Pastor Lindsey Williams had the opportunity to sit, live and rub shoulders with the most powerful, controlling and manipulative men on the face of this planet.
DVD BY Rev. Lindsey Williams
Just last week, the whistleblowers claimed that they had been threatened by Obama Administration officials as they were cooperating with congressional investigators who trying to piece together the events that led up to the terrorist attack on the American compound in Benghazi, Libya. And now there is yet another instance of Obama Administration officials trying to silence a whistleblower.
John Sopko, the independent inspector general in Afghanistan, alleges that administration officials and bureaucreats are criticizing him privately or trying to silence him as he documents waste and fraud in the rebuilding effort in the country that the United States has occupied for nearly 12 years:
“Since my appointment by the president last summer, I have been surprised to learn how many people both in and out of the government do not understand the role of an independent inspector general,” Sopko said.
The Pentagon did not address Sopko’s remarks about pre-screening, but it endorsed his role keeping watch over the Afghanistan effort.
“We value inputs from independent oversight, including from inspectors-general, who play a key role in advancing the missions of the Department of Defense,” said press secretary George Little.
Even so, Sopko slammed the government for what he called a hostile attitude toward his work.
“Over the last 10 months, I have been criticized by some bureaucrats for not pre-clearing my press releases with them, for not letting them edit the titles of my audits, for talking too much to Congress, for talking too much to the press … and, basically, for not being a ‘team player’ and undermining ‘our country’s mission in Afghanistan,’” he said.
Since taking office last July, Sopko has increased the number of audits and investigations threefold. His office has made 73 recommendations to government agencies that he says would save at least $450 million if enacted.
Sopko defended his aggressive oversight of billions of taxpayer dollars being spent in Afghanistan, saying he’s just trying to do the right thing.
Does anybody else remember when President Obama said that his administration would be the most open and transparent in history? Wasn’t this administration supposed to protect whistleblowers and watchdogs? Unfortunately, they’ve turned on those either tasked as watchdogs or those who have taken it upon themselves to reveal truths that the administration has tried to bury.
World Bank Whistle-blower: “Precious Metals To Serve As An Underpinning For Paper Currencies”
Whistleblower – Audio Interview Highly Recommended : http://bullmarketthinking.com/wp-content/uploads/2013/05/552013hudes.mp3
I had the opportunity yesterday to speak with one of the western world’s most courageous and astute women, Karen Hudes,Former Senior Counsel to the World Bank—now turned whistle-blower.
It was a powerful conversation, as Karen spent 20 years with the World Bank as an attorney and economist, before being“let-go” after reporting internal fraud and corruption.
During the interview Karen indicated that the world is rapidly changing, with western power structures breaking down, economic & political influence gravitating to BRICs nations, all amid a pending currency transition which will highly favor precious metals.
Continue Reading at http://bullmarketthinking.com/world-bank-whistle-blower-precious-metals-to-serve-as-an-underpinning-for-paper-currencies/
Additional Information About Karen Hudes
Excerpt from Citizen Hearing on Disclosure Day 5/5. Interview! Enjoy.* 😉
An unnamed whistleblower has come out and said the following. I hope this is not true but we shall find out soon..
You never let a serious crisis go to waste – Rahm Emanuel (Chicago Mayor)
STEP 2 IN PROGRESS
This is likely to be bona fide whistleblower testimony with the Boston bombing
“I work on a security commission and I’ve just received word to start on a campaign we’ve been working on for the last two months and now it all makes sense.
I’ll keep it as short can I can
They’re going to pin this event on a male late teens to early 20s and say he did it because he’s unstable. They are going to find firearms and a NRA book in his home. They are going to to say he used reloading powder for the explosion and that reloading powder shouldn’t be for sale to the public. They are then going to say that because the powder in ammunition can be used for explosions that the number of rounds you can buy should be limited and taxed to help pay for these events.
I can’t do anything or I’ll lose my job and possibly face criminals charges. Please don’t let them get away with it. They won’t find the suspect till later this week and the raid is issued to occur on Friday. This was a staged event. The people hurt are real but the event was planned. Don’t let them hurt our rights.”
–Admin comment – Let’s step by step this as the elite scammers do it. Here we go:
Step 1. – COMPLETE “They’re going to pin this event on a male late teens to early 20s and say he did it because he’s unstable.” – HERE IS THE ARTICLE THAT PROVES THE LONE WOLF, SINGLE MAN DOING IT –Step 1 in the setup complete – READ THAT FREAKING ARTICLE THAT IS LINKED, IT IS SPOOKY
Step 2 – IN PROGRESS – GUN POWDER STORY CONFIRMED: They are going to find firearms and a NRA book in his home. They are going to to say he used reloading powder for the explosion and that reloading powder shouldn’t be for sale to the public. Step 2 IN PROGRESS (interesting it is that it is ISRAEL where the gunpowder story is being fronted FIRST. Hmmmmmmmmmmm . . . . . . . . HERE is another link
Step 3 – They are then going to say that because the powder in ammunition can be used for explosions that the number of rounds you can buy should be limited and taxed to help pay for these events. – step 3 pending
Step 4. I can’t do anything or I’ll lose my job and possibly face criminals charges. Please don’t let them get away with it. They won’t find the suspect till later this week and the raid is issued to occur on Friday. Step 4, – pending
Published on Mar 10, 2013
Neil Barofsky, who was the special investigator general of the US government’s Troubled Asset Relief Program until his resignation in 2011, spoke to RT about how the Washington-Wall Street political culture could lead to another devastating collapse.
Bradley Manning, the US Army intelligence officer accused of passing sensitive military documents to whistleblowing website WikiLeaks, has pleaded guilty to ten separate charges. The army, however, will pursue the grave charge of aiding the enemy.
Although the army judge has accepted Manning’s guilty pleas on ten counts, the remaining 12 charges are still to be reviewed. The army accuses Manning, 25, of aiding the enemy. If convicted, he could face a life sentence.
Private First Manning told a military court that he was responsible for uploading a trove of material to the website and pleaded guilty to 10 counts, RT’s Andrew Blake reported from the courtroom.
After his plea was read to the court, Pfc Manning for the first time formally admitted guilt in the court, more than 1,000 days after being arrested. Reading a 35-page statement from his seat before Col. Denise Lind, Manning explained why exactly he risked his life to publish state-secrets.
Pfc. Manning pleaded not guilty to aiding the enemy and a number of other lesser charges, but told the court he’d like to take the blame for a series of other counts — charges that were not presented by the government but introduced by the soldier himself. In lieu of a laundry list of charges that could put Manning away in prison for life, he hopes the court will convict him of only ten lesser offenses that come with only a maximum sentence of 20 years.
Manning pleaded guilty to unauthorized possession and willful communication of sensitive material, including the hundreds of thousands of State Department cables and other materials provided to WikiLeaks. By pleading guilty, he waves the right to appeal a decision made earlier in the week in which the court ruled that Manning’s right to a speedy trial was not violated.
In explaining himself, Manning told the court that he communicated with unidentified persons he believed to be working for WikiLeaks, and assumed he was speaking with founder Julian Assange. Manning says he only sent the anti-secrecy website material after being rejected by other outlets, however.
While on break from the Army, Manning says he called up the Washington Post and claimed to have materials with “enormous value to the American public.” Manning told the judge that he “spoke for 5 minutes about the general nature” of the documents but said, “I do not believe she took me seriously.”
Rejected, Pfc. Manning approached The New York Times, an outlet he described as “the largest and most popular newspaper” in the world. “I left a message saying I had access to information about Iraq and Afghanistan that I thought was very important,”he said.
“I never received a reply from the New York Times,” claimed Manning, even though he left the paper with multiple ways to be reached, including his Skype name.
Believing there were few appropriate conduits for the materials he collected as an intelligence officer, he said WikiLeaks “seemed to be the best medium for publishing this information.”
In an interview with British public television, Assange referred to Manning as “America’s foremost political prisoner,” adding that “the only safe way to get these cowards to publish anything is to get WikiLeaks to do it first.”
“All those involved in the persecution of Bradley Manning will find cause to reflect on their actions,” Assange asserted.
During pre-trial motion hearings earlier in the case, prosecutors admitted that they would have charged the Times with releasing the information had they published them before WikiLeaks. In January, prosecuting attorney Capt. Angel Overgaard, said, “publishing information in a newspaper [can] indirectly convey information to the enemy.” When Col. Lind asked if that would apply to WikiLeaks, Capt. Overgaard said, “‘Yes, ma’am.”
Manning is slated to go before a military court-martial this June, and faces life imprisonment if convicted of aiding the enemy, the most serious of the charges against him. On Thursday, however, the Kansas-born pleaded guilty to lesser charges in hopes of a more lenient sentence. Earlier, during this week’s pre-trial hearing, those in the Ft. Meade, Maryland, courtroom were told that Manning hoped releasing intelligence to WikiLeaks would “spark a domestic debate on the role of our military and foreign policy in general.” Last year, WikiLeaks founder Julian Assange credited the materials attributed to Manning with helping end the US war in Iraq.
“If Bradley Manning did as he is accused, he is a hero and invaluable to all of us,” Assange said during a December address penned from London’s Ecuadorian Embassy. “It was WikiLeaks’ revelations — not the actions of President Obama — that forced the US administration out of the Iraq War… By exposing the killing of Iraqi children, WikiLeaks directly motivated the Iraqi government to strip the US military of legal immunity, which in turn forced the US withdrawal.”
Among the materials Manning said he handed over were State Dept. cables, Pentagon logs referred to today as the ‘Iraq and Afghan War Diaries,’ as well as video published by WikiLeaks under the title ‘Collateral Murder.’ With that release, WikiLeaks showed US soldiers onboard an Apache helicopter opening fire on Iraqi civilians, including a Reuters photographer.
“For me, this seemed similar to a child torturing ants with a magnifying glass,” Manning said Thursday of the footage. In regards to the war logs, he said his opinion remains that the releases consisted of “two of the most significant documents of our time.” The cables, he added, “documented backdoor deals and seemingly criminal activity that didn’t seem” to fit with the public’s perception of an ethically-sound America.
“I thought these cables were the perfect example of a need for more open state diplomacy,” he said.
Previously, Col. Lind expressed concern over having Manning read a sworn statement, instead perfering for him only to answer questions while on the stand. “He can try to read it, but I am going to stop him” if the contents are not relevant to being guilty of committing the lesser offenses of entered in the plea, she said.
“He understands his statement and he understands the elements he needs to plead guilty,” Manning’s attorney David Coombs told the judge.
Manning has been detained for over 1,000 days without a formal military trial, and will see the start of his fourth year behind bars this May. The only other time he has spoken publically on the stand was in December 2012, when he testified about the conditions he endured while detained at a military brig in Northern Virginia.
Lind agreed to take 122 days off any eventual sentence for Manning due to the poor treatment. Earlier this week, she dismissed an attempt by the defense to have all charges against Manning dropped over an alleged violation of the ‘speedy trial’ statute.
Date: Wednesday, 20-Feb-2013 20:30:06
From Simon Black
Sovereign Man – Notes From The Field
February 20, 2013
Apparently the Latino version of Justin Beiber is in town. I have no idea who this kid is, but as I was walking into the W Hotel last night for a meeting, there were hundreds and hundreds of adoring prepubescent girls lining the metal cordon that had been set up outside of the building.Then he walked outside, flanked by hotel security. He couldn’t have been more than fifteen, a bit pimply-faced and gangling at that awkward age.
But the crowd couldn’t have cared less.
The screaming persisted for ten minutes… just like those old black and white reels of teenage girls losing their minds at Beatles concerts fifty years ago.
Despite all the commotion outside, I met up with my colleague, and we dove immediately into a conversation about international banking and the state of the global financial system.
As a senior executive of a large international bank, he is the ultimate insider. And I was floored by what he told me. He openly acknowledged, for example, that banks are frauds. Most banks, particularly in the developed west, only hold a tiny fraction of their customer’s deposits in cash.
The rest is gambled away on whatever the popular toxic security du jour happens to be.
This entire system rests upon a very thin layer of confidence, reinforced by the occasional taxpayer bailout. Yet it struck him as incredible that people still had confidence in banks, especially given that most of the investment products promoted to their customers are “crap”.
He told me how destructive central bankers are, creating untold amounts of inflation that only serves to make people poorer, while enabling governments to go deeper into debt. Most of all, he told me that very few of the banking sector’s underlying deficiencies have been addressed since the 2008 meltdown. Many western banks are still insolvent, with the key difference that their governments are now also insolvent.
He believes that in the coming years, this confluence of risk will finally burst, most likely induced by the effects of the currency wars and competitive devaluation.
It was astounding, he said, that the G7 actually published a statement trying to soothe concerns about the global currency wars.
“Whenever the government tells you to not worry about something,” he said, “it’s time to be very worried.”
Unfortunately, most people don’t know what’s happening. They don’t know that their government is insolvent, and that the only way they can persist is to go deeper into debt and devalue their currency.
They don’t know that the money in their bank account isn’t safe. And they don’t have any idea how far their government will go to maintain the status quo.
It turns out that the screaming teenagers outside were a perfect metaphor. Happily ignorant. Distracted. And completely unaware. Most people simply aren’t going to see it coming.
And yet, from a big picture perspective, it all seems so obvious.
National balance sheets across the developed west are deeply in the red.
Bank balance sheets are precarious at best.
Central bankers are flooding the world with paper money. And governments are trying everything– capital controls, competitive devaluation, pension nationalization– to keep the party going. The writing is on the wall.
And taking some basic steps now can make a world of difference.
This includes purchasing real assets (precious metals, productive land), moving a portion of your savings to a well-capitalized banking system, and taking control over retirement funds.
These are steps that make sense no matter what; even if the worst never occurs, you won’t be worse off.
And should the house of cards collapse, you’ll be one of the few people left standing.
Senior Editor, SovereignMan.com
DHS Source: “We Expect MAJOR Disruptive Riots In US Cities This Summer” That’s Why We Are Training In US Cities
Posted By: Watchman
Date: Wednesday, 20-Feb-2013 20:15:06
A WARNING received this week from two different former government officials (one top rank military – one intelligence officer)
A WARNING I have received this week from two different former government officials (one top rank military – one intelligence officer)
First, they have both told me “Sandy Hook was a false flag.” Correction: “Black Ops.” It is to get into the mind set of people that their children are at risk. It is the psychology of fear for the masses.
Second, I was told all the listening in to people’s conversations and reading of the emails – people don’t really need to worry about that. The intelligence officer said “Yes, they are, BUT they don’t give a s*** about all of our opinions. They care about money. They are paying attention to the big corporation phone calls and emails to know who is making a big money deal with who, so they can make money off that information.” He said “The rest of it is boring to them and they couldn’t care less what people think. It is all about money.” He said all that is going on from the top down is not about money. It is simply about control of the people. They have more money than they can ever spend. It is control and power and making downtrodden slaves of the people.
He told me…..officers that are in government agencies (FBI, etc.) right now know the truth about 9/11 and the Oklahoma bombing but they don’t say anything, and evidence proves the truth that has never been released (especially with Oklahoma).
The warnings both called me about this week has been about the break down of the U.S. They both said it is coming this year, with an estimated time of 6 to 12 months at the longest. They both told me the most important things people need to do right now is to have food, water and something to protect that and your family with. I had mentioned to both that we had expected this in 2008 and 2009 and it didn’t happen, so people were weary of those type warnings. They both said “It will happen this year.”
I am not writing this to “freak” people out or to cause “fear or panic.” In fact, the intelligence officer said one time to me “Giving predictions just gets people upset and, if it doesn’t happen, they look at you as a fool. If it does happen, they won’t ever remember that you gave that warning out in the first place.”
I am going ahead and writing about this and I will simply say: Do what feels right to you. Watch what is going on and see if the current events hint to a break down this year where getting food won’t be as easy as it is right now. They have said the food part will be because there will not be fuel to get the food to the stores and the shelves will be empty.
Chilling: Jim Marrs discusses how approximately 500 top level bankers have re-located and martial law
Now we have two radio talk hosts revealing secret Globalist Agenda through whistleblowers on what their plans are.
It will be unwise to disregard this as we all know how much government spends to hide their information. Only through whistleblowers you can know what the truth is. MSM will not give us this information.
I have posted Doug Hagmann updates earlier. If you have not read it, search “Doug Hagmann” on the blog.
Truth will set Us Free.
I want to thank Doug Hagmann for daring to publish his dire warnings which come from an inside source at DHS.
I have subsequently decided to reveal what I know as well. The decision to air these warnings will undoubtedly encourage others to come forward. Hopefully, so many “insiders” will come forward that it will become impossible to hide what it is coming from those who are actively seeking answers.
To the general public, it does not matter what their told for they will still believe that the government will take care of them, CNN truthfully reports the news and Santa Claus exists. As a result, these fools will never know what hit them.
Although the Hagmann warnings differ somewhat from my sources, there are some common threads.
One area that Hagmann’s source did not focus on is the dropping out of sight by ex-federal officials and prominent figures on Wall Street, and that is the remaining focus of this article.
The Marrs Observation
In a December 9, 2012 interview on The Common Sense Show, Jim Marrs discussed (below audio) how approximately 400-500 top level bankers have left their positions and have gone into seclusion:
Read Developing Report: http://www.bibliotecapleyades.net/sociopolitica/sociopol_globalbanking291.htm
What should we be looking for next? “Look around. You’re seeing it.”
By Douglas J. Hagmann
6 February 2013
The following information was provided to me by my Dept of Homeland Security (DHS) contact on two different occasions. Information from my first contact was previously published in two parts (here and here). I was asked to withhold the final portion of the information that was provided to me at that time until after the inauguration. The following resumes where part II left off. At the request of this source and for the sake of continuity, the following combines the information withheld and the information from our most recent contact on 4 February 2013.
DH: Do I have your permission to record this conversation?
RB: Please do.
DH: We’ve spoken at different times since the information you gave me was published. You have since given me additional information on top of the information you asked me to withhold until after the inauguration. First, what was the reason for asking me to wait to publish the remainder of our discussion until after the inauguration?
RB: This bunch, top level DHS brass, is clamping down on leaks. One way they are finding leakers is to put out false information specific to certain individuals. They can trace the information directly to the leaker due to the nature and specificity of the information. It was part self-preservation, part vetting one of my closest and most important contacts. It was a test to assure that I am not being used for disinformation purposes or being targeted as a leaker. It was something I felt I had to do, and I’m glad I did. I feel more comfortable now about my sources.
DH: So, if I understand you correctly, your sources “passed” whatever test you were performing?
DH: And you still have access to information, I mean, whistleblower type information?
RB: I know what you mean, so I guess that’s one way to put it. Okay.
DH: For continuity and to refresh your memory, I’m going to play the remainder of our recorded interview from our contact last month.
[At this point, we listened to the dialogue previously recorded. After the recording concluded, this DHS source suggested that we combine new information with the previously recorded information to avoid unnecessary repetition. It was agreed and the recorder was turned back on with his consent].
DH: Just to be clear, let me hit this again. The main reason you asked me to wait to publish your previous statements had more to do with you, your sources and well, your own self preservation than the content of our discussion.
RB: I guess you could say that. But the information is still valid and becomes even more important when combined with the latest information I have for you.
DH: Okay, we can get on with it, then.
RB: First of all, two days after the inauguration, at exactly 7:00 a.m. on January 23, something called “the Cyber-Warriors for Obama Project” was activated. I heard about this the week after the election, but only saw a hard copy draft in late December. From what I was told, I believe this is a project that is being paid for through funds from Obama’s political corporation, the 501(c)4 Organizing for Obama, I believe it’s called. I can’t be sure, but that’s what I was told.
At that time, I was shown a white, three-ring binder with Obama’s circular campaign logo imprinted on the outside of the binder with the name “Cyber-Warriors for Obama” printed in blue across the top. Inside were the names and e-mail addresses of 3,575 “cyber assets,” or “warriors,” listed in alphabetical order under about a dozen or so “team leaders.” From a separate sheet I was shown, most of these “assets” are being paid just over minimum wage, but as I understand it, they work from home and have no overhead. I believe there are about two dozen supervisors who make substantially more.
Now I only had the binder for a minute, and could not take it from the room I was in, so this is strictly from memory.
It was tabbed, and one section with the word “targets” had a list of religious web sites, web sites I recognized as Christian. Another section was a listing of conservative Internet sites. There was another tab with the label “problem sites” that seemed quite extensive. I looked at that section, and it was broken down further into “birther” sites, “pro-gun” sites, “anti-abortion” sites, just to name a few.
There was also a section of the usual news sites, like CNN, ABC, you know. Numerous e-mail addresses were conspicuous under each news organization, which also included Fox… [unintelligible]. I figured you were going to ask.
The first page of the binder had bullet points labeled “objectives” and instructions for the cyber-assets. There was also a very detailed non-disclosure agreement with the word “DRAFT” typed in big, light grey letters across the body of the two-page agreement. The agreement and the instructions were typed on white paper with a warning, printed in red on each page, that the document was not to be copied or disseminated.
DH: Where did you see this? I mean, was it at DHS?
RB: Yes, and that’s as much as I can say on the location.
DH: What’s the magic behind the number 3,575?
RB: I asked the person showing me [the binder] that question. Supposedly, it has to do with their budget, or the project funding.
DH: Go on.
RB: The instructions seemed very specific. Infiltrate web forums, collect screen names, avatars, and posters’ tag lines, and attempt to resolve these to their actual identities. I read one paragraph that listed circumstances when the “asset” was only to monitor but do not disrupt without authorization. There was another section titled “Divert, Disrupt and Destroy,” listing “how to’s” in certain cases.
There was also a section on maintaining a social media presence, and another on the most effective use of Twitter.
Lastly, there was a “reference section,” which included statistics, specific language to use to marginalize different posters, and effective methods to discredit people while maintaining a sense of legitimacy.
It was surreal, to say the least.
Oh, one more thing that’s important. As I said, these “kids,” or young people I believe, are known collectively as “Cyber-Warriors for Obama.” The subheading was “And the truth shall set you free.” Truth? Really? They were hired on their hacking abilities, or more precisely on their abilities to make postings through proxy servers and effectively use alternate identities and multiple e-mail addresses. Their purpose is to spread disinformation, not truth.
There were also motivational statements on various pages, including one that referred to Obama as the “Pharaoh of the Internet,” which I thought was an odd characterization.
But what’s important is that suddenly, through the use of Internet aliases, multiple e-mail addresses, and screen names, a project that employs 3,575 people will have the appearance and effectiveness of maybe 10,000 or more different people.
DH: Do you know if these “team members” have their own copies of the binder you saw?
RB: No. I was told that these people were hired through the campaign offices located throughout the country, and that training meetings were held at various locations. The binders were for instructional purposes, not to hand out. Although I think the people have, or were given, a list of web sites.
I don’t know any more on the actual mechanics of the project.
DH: During our previous contact, you said that we should listen to Obama’s comments about the economy, I mean during the inaugural speech. What’s so significant about that?
RB: Well, this is perhaps the most important issue people need to understand. There will be, and was, talk of a recovery and a stronger economy, but it’s all propaganda. As you heard me say in the recording you just played, the complete inaugural address will be a “Baghdad Bob” moment, and it was. Many economists will use false figures and statistics to deceive the American people. People must not downplay the importance of the economic aspect of this address. The sudden collapse of the U.S. dollar (however it actually plays out) and everything that goes with it (such as social chaos and riots) will be one part of a plan that was set in motion a long time ago.
DH: And you are getting this from your current intelligence sources? Frankly, I’m not sure I completely understand the connection between DHS and what’s going on with the economy. Seems like it should be separate.
RB: What’s not to understand? The economic devastation that will take place is an attack, a planned attack on the U.S. Just look at it that way. This “regime” already knows the outcome, which is the debasement of our national currency. Like I said, it’s been in the works most recently since the 1990′s. A collapse does not happen without a lot of pain – people losing everything in their retirement accounts, savings and so on. Don’t you think that will cause one hell of a national security problem? And who is running our national or domestic security? DHS.
Oh, and one of the reasons I wanted to include more recent information into our discussion relates to something you did last month, after our talk. I know you said you did not want to source your own work, but there was one important radio program you did that caused a very angry response inside DHS.
DH: How so?
RB: You had a financial insider on your program who went by some letter, like the first or last letter of his name.
DH: Yes, that was “V” who is a source for Steve Quayle. We did a program at the beginning of January, I think – I’d have to look. [Edited to add that the actual program was 11 January 2013.]
RB: Yeah, that was it. If you ask your network, I think you’ll find a request was made for the transcript of that program by DHS. The information given by that source was protected, or confidential, especially regarding the actions of big bankers here in the U.S. and the foreign markets. These international bankers are playing a big role in killing the U.S., and although they’re bold, they still don’t want certain things disclosed before their time.
DH: But that information had nothing to do with national security. I mean, how would this relate to DHS?
RB: Now you’re giving me a headache [laughter]. Let me spell it out for you, and this is the crux of everything. We have Obama (or whatever his real name is) in the Oval Office. You’ve said it before, that America is a “captured operation.” Well, it is, and every top level operative at DHS and Justice knows it. They have his dossier.
Think about Obama’s mother working in microfinance with Timothy Geithner’s father. What are the odds? And that’s just one “coincidence.”
A lot of people won’t get this until it’s too late, or maybe never get it. But take a good look at Obama and the people who surround him. Look at the 2008 economic crisis under Bush. Look at the run up to where we’re at today. The orchestrated boom of the 1990′s. The GLB Act signed into law under Clinton that changed the complexion of our domestic economy. Look at the people who are still around, the architects of this. It’s a big lie! It’s all been rigged, and the insiders know this! Look at the continuity of agenda since “Bush senior.”
Now listen to what I am telling you. This is a continuing operation that involves many of the same people on both sides of the aisle in Washington. This is one of the reasons why no one wants to talk about Obama’s past. He is the product of a continuing intelligence operation, put in power to oversee the dismantling of the U.S., with the economy being the lynchpin of our destruction. Obama, Jarrett, and the Clintons are in constant contact with all high level operatives inside the DHS. Perhaps not directly in all cases but through their contacts. They are working together to see to it that the U.S. economy is brought down, robbing the people of their wealth and then blaming partisan politics for the crash.
For the first time in recent history, you’re going to see people hungry and out in the streets. Those unprepared or those thinking this is all [expletive deleted]. Desperate and begging for food. Think Katrina, but on a national scale. That’s what is being planned for Americans, and few people are willing to see what’s happening, or willing to believe it. Now here’s where DHS, my sources and information comes in.
Everybody is looking at the gun “problem” in America. Fights over the Second Amendment. State laws that go against the Constitution. Blame it on Sandy Hook or Colorado. Tell people we need to be disarmed because it’s for the children. It’s all [expletive deleted]. Most people know it’s all [expletive deleted], but that’s where their rational assessment stops. Why do you think the people in power want to – no – need to disarm the public? It’s because they are planning an economic collapse, and an armed and informed populace is a danger to their plan.
DH: Wait, wouldn’t it make sense to let the guns stay in the hands of the people and have the people shoot it out among themselves? Wouldn’t this fit in with their desire for chaos, and make it easier for Martial Law to be implemented?
RB: In a way, but you’re still not thinking big enough. The way this is being planned includes that scenario, but they are very afraid that once total chaos breaks out, they will become the targets. So to a point you’re right, but then a crackdown must take place.
DH: But the elected ones are well protected.
RB: Yeah, but you are not thinking like them. There are several scenarios or models they have commissioned. They exist in printed form and have been given to Obama and Jarrett specifically. It’s war gaming with the American people. That caused some mid-level military people with a conscience to ask what the hell is going on, and some even refused to take part in these exercises. By the way, Napolitano is the go-to person for these models.
Anyway, there is a fear that their own people won’t be loyal to them when everything begins to implode. You’ve been seeing purges lately. Remember what Jarrett supposedly said about being “hell to pay” after the re-election? That process has started.
DH: Those who have been “purged” – why haven’t we seen anyone speak out about what’s going on?
RB: They’ve been threatened. Some were not worth even being threatened and became “examples.”
DH: Like who?
RB: Oh c’mon, look at the recent mysterious deaths. Pick one.
DH: Okay, but wouldn’t they be safer by speaking out, by telling everything they know? Some ordinary people might call them cowards. Why not just go public [interrupted/over talk]
RB: Yeah, how’d that work out so far? And go public to who? CNN? They are in real danger, and so are their families. Anyone close to them. Even if one or two would go public, how do you think that would work out for them? I’ll tell you how. They would make [Senator] McCarthy look like an American hero, which he was, but that’s… They’ve made it so that no one will be able to make any real difference to their agenda. They know that.
DH: So no one is going to say anything – ever?
RB: That’s not what I said. Some will talk when the time is right. Some have “insurance policies” that will be used at the right time, when they will make the most difference.
DH: I feel like we’re getting off point. So, what is being planned?
RB: The DHS will oversee the domestic crackdown that will happen when the perfect storm bears down on us. And the perfect storm is the economy, meaning the U.S. dollar collapse and hyperinflation, racial or class riots sparked by a high-profile incident, and another mass causality event involving guns. Watch for these three things to happen all at once, or in close succession.
The polarization caused by these events will be sufficient to cause a second civil war.
DH: When? How soon will all of this happen?
RB: I don’t have a crystal ball, but I have seen various reports referencing unprecedented “drills” to take place in later March and April. I’ll mention this because I know a lot of people on the inside at DHS have seen this. A document called “Operation Thunderdome.” It’s maybe 50 or 60 pages, I’m not certain. It describes an economic collapse in the U.S., followed by an attack on the government by “a made-up patriotic group.” It combines gun owners, Constitutionalists, and even Christians into an enemy group that pulls off an attack in Washington.
But don’t fall into the trap of trying to pick the time of these events. Their plans are flexible, but their objectives are carved in stone.
DH: Sounds like a Reichstag type event – sometime.
RB: Exactly. Maybe not just one. They have plans and back-up plans and back-ups for the back-ups. And in spite of the warnings, and history, enough people will be outraged and side with the government. This brings me to my final point. What do you think all of the prepositioning of paramilitary assets, caches of ammunition, and the opening of non-descript buildings owned or leased by the federal government are for?
It’s for you and people like you. It’s for those who are turned in by their neighbors, friends, co-workers, and others who are hungry, broke and broken. What we are about to experience will be like it was during the Civil War, only worse. People will be outgunned, surveillance will be everywhere, and it will be much more difficult to hide and fight back. Not impossible, but more difficult.
DH: So you’re painting a picture of a Mad Max scenario, hence the reference to Thunderdome?
RB: Believe it or not, part of the model, or at least one of them, includes the depiction of a somewhat “normal” society, at least after the initial “hostilities.” People will be controlled by the national government, centralized – in order to escape the chaos. Think of it this way. You want food and medical care? You will not be able to own a gun, period. The current federal legislation is all window dressing – a distraction. No one expects anything meaningful to pass. It won’t have to. States, yes, but those states are lining up for federal money. The elected leaders are of the same ideology as Obama, but aside from those, we’ll see many people turning in their weapons for food, shelter, medical care, and false guarantees of safety. That’s what the new normal will look like.
As I said, you’ve got to think bigger – much bigger. The lies are bigger than most people can imagine. The people at the top are laughing at us. Think about that. They are laughing at us because it’s right in front of our noses. And you know, the bigger the lie…
DH: Yes, the more people will fall for it.
RB: Right. I think we’re done here for now. I’ve given you as much information as I know, as I have seen. Watch the economy – the indicators. Watch for a false flag. We are being baited. Let people pooh-pooh this information, seek information through FOI requests. Not gonna happen. We’re talking about an operation so black and so big, and one that has to be done in the next few years, under Obama.
This is something that is international in scope. The plan is international, and is dedicated to the dismantling or destruction of America. It’s happening right in front of us, but too few can actually see it.
DH: I’m sure you, well… We’ll be accused of scaring people without citable evidence.
RB: People need to wake up. Believe me or don’t. It’s their choice.
DH: Wait, one more thing. What should we be looking for next?
RB: Look around. You’re seeing it. We’ll talk again. Please shut off the recorder.