<http://www.popularresistance.org/world-bank-whistleblower-karen-hudes-reveals-how-the-global-elite-rule-the-world/>


World Bank Whistleblower Karen Hudes Reveals How The Global Elite Rule The
World

World Bank
Educate! Finance and the Economy, video, World Bank
By Michael Snyder, www.activistpost.com
October 3rd, 2013
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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.Karen Hudes World Bank

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 withThe 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.”

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 don’t 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 world’s 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 hour right here.

So what do you think about what Hudes is saying?  Please feel free to
share your thoughts by posting a comment below…

This article first appeared here at the Economic Collapse Blog.  Michael
Snyder is a writer, speaker and activist who writes and edits his own
blogs The American Dream and Economic Collapse Blog. Follow him on Twitter
here.
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August 7, 2013
    Creative Action at World Bank Friday, 4th Anniversary Honduran Coup
June 24, 2013
    Spoof Gospel Choir Protests Climate Change at Liverpool HSBC July 23,
2013






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