By Michael Snyder –
The Economic Collapse
September 30, 2013 –
Source Article
Karen Hudes is a graduate of Yale Law School and she worked in the legal
department of the World Bank for more than 20 years. In fact, when she was
fired for blowing the whistle on corruption inside the World Bank, she held
the position of Senior Counsel. She was in a unique position to see exactly
how the global elite rule the world, and the information that she is now
revealing to the public is absolutely stunning. According to Hudes, the
elite use a very tight core of financial institutions and mega-corporations
to dominate the planet. The goal is control. They want all of us enslaved
to debt, they want all of our governments enslaved to debt, and they want
all of our politicians addicted to the huge financial contributions that
they funnel into their campaigns. Since the elite also own all of the big
media companies, the mainstream media never lets us in on the secret that
there is something fundamentally wrong with the way that our system works.
Remember, this is not some “conspiracy theorist” that is saying these
things. This is a Yale-educated attorney that worked inside the World Bank
for more than two decades. The following summary of her credentials comes directly from her website…
Karen Hudes studied law at Yale Law School and economics at the University
of Amsterdam. She worked in the US Export Import Bank of the US from
1980-1985 and in the Legal Department of the World Bank from 1986-2007. She
established the Non Governmental Organization Committee of the International
Law Section of the American Bar Association and the Committee on
Multilateralism and the Accountability of International Organizations of the
American Branch of the International Law Association.
Today, Hudes is trying very hard to expose the corrupt financial system that
the global elite are using to control the wealth of the world. During
an interview with the
New American, she discussed how we are willingly allowing
this group of elitists to totally dominate the resources of the planet…
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 worlds resources
are being dominated by this group, she explained, adding that the corrupt
power grabbers have managed to dominate the media as well. Theyre being
allowed to do it.
Previously,
I have written about
the Swiss study that Hudes mentioned. It was conducted by a team of
researchers at the Swiss Federal Institute of Technology in Zurich,
Switzerland. They studied the relationships between 37 million companies
and investors worldwide, and what they discovered is that there is a
“super-entity” of just 147 very tightly knit mega-corporations that
controls 40
percent of the entire global economy…
When the team further untangled the web of ownership, it found much of it
tracked back to a “super-entity” of 147 even more tightly knit companies –
all of their ownership was held by other members of the super-entity – that
controlled 40 per cent of the total wealth in the network. “In effect, less
than 1 per cent of the companies were able to control 40 per cent of the
entire network,” says Glattfelder. Most were financial institutions. The top
20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group.
But the global elite don’t just control these mega-corporations. According
to Hudes, they also dominate the unelected, unaccountable organizations that
control the finances of virtually every nation on the face of the planet.
The World Bank, the IMF and central banks such as
the Federal Reserve
literally control the creation and the flow of money worldwide.
At the apex of this system is the Bank for International Settlements. It is
the central bank of central banks, and posted below is a video where you can
watch Hudes
tell Greg Hunter of
USAWatchdog.com the following…
“We dont have to wait for anybody to fire the Fed or Bank for International
Settlements . . . some states have already started to recognize silver and
gold, the precious metals, as currency”
Most people have never even heard of the Bank for International Settlements,
but it is an extremely important organization. In a
previous article,
I described how this “central bank of the world” is literally immune to the
laws of all national governments…
An immensely powerful international organization that most people have never
even heard of secretly controls the money supply of the entire globe. It is
called the Bank for International Settlements, and it is the central bank of
central banks. It is located in Basel, Switzerland, but it also has
branches in Hong Kong and Mexico City. It is essentially an unelected,
unaccountable central bank of the world that has complete immunity from
taxation and from national laws. Even Wikipedia admits that “it
is not accountable to any single national government.” The
Bank for International Settlements was used to launder money for the Nazis
during World War II, but these days the main purpose of the BIS is to guide
and direct the centrally-planned global financial system. Today, 58 global
central banks belong to the BIS, and it has far more power over how the U.S.
economy (or any other economy for that matter) will perform over the course
of the next year than any politician does. Every two months, the central
bankers of the world gather in Basel for another “Global Economy Meeting”.
During those meetings, decisions are made which affect every man, woman and
child on the planet, and yet none of us have any say in what goes on. The
Bank for International Settlements is an organization that was founded by
the global elite and it operates for the benefit of the global elite, and it
is intended to be one of the key cornerstones of the emerging one world
economic system.
This system did not come into being by accident. In fact, the global elite
have been developing this system for a very long time. In a previous
article entitled “Who
Runs The World? Solid Proof That A Core Group Of Wealthy Elitists Is Pulling
The Strings“, I included a quote from Georgetown University
history professor Carroll Quigley from a book that he authored all the way
back in 1966 in which he discussed the big plans that the elite had for the
Bank for International Settlements…
[T]he powers of financial capitalism had another 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. 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 Basle,
Switzerland, a private bank owned and controlled by the worlds central
banks which were themselves private corporations.
And that is exactly what we have today.
We have a system of “neo-feudalism” in which all of us and our national
governments are
enslaved to debt.
This system is governed by the central banks and by the Bank for
International Settlements, and it systematically transfers the wealth of the
world out of our hands and into the hands of the global elite.
But most people have no idea that any of this is happening because the
global elite also control what we see, hear and think about. Today, there
are
just six giant media
corporations that control more than 90 percent of the news
and entertainment that you watch on your television in the United States.
This is the insidious system that Karen Hudes is seeking to expose. For
much more, you can listen to Joyce Riley of the Power Hour interview her for
an entire hourright here.