“The proverb, ‘What you don’t know can’t hurt you”, originated in 1576 as, ‘So long as I know it not, it hurteth mee not.’ But the opposite is true. Unpleasant hidden truths do the most harm. The best way to fight corruption is to expose it. Think of the World Bank as ENRON.” …Karen Hudes
Monday, May 13, 2013
BREAKING: Immediately after her interview on The Pete Santilli Show, Karen Hudes, Attorney and World Bank Whistleblower visited the World Bank in Washington DC and was handcuffed, detained, and finally cited and scheduled to appear before Eric Holder’s US Attorney’s Office in Washington D.C. on 5/30/13 for UNLAWFUL ENTRY.
Ms. Hudes has been subjected to horrifying attacks by her former master including invasion of her medical privacy, unlawful termination and barring orders. Despite these attacks, she remains vigilant in her efforts to correct the global monetary systems which she asserts is on the verge of collapse within days.
What initially appear to be obscure issues of international finance, moreover, have the potential to sever ties between us and our NATO allies and weaken the national security of the United States. The stakes involved are therefore extremely high for every American citizen.
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;
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.
Karen Hudes, former senior counsel to the World Bank turned whistleblower recently delivered a stunning and revealing interview on Bull Market Thinking regarding the western corporate power structures now crumbling before our very eyes.
Her testimony confirms what this writer has maintained on numerous occasions & further corroborated by brilliant economic minds like Jim Sinclair, Marc Faber & Gerald Celente; namely that we are long overdue for a complete reset of our debt-slave monetary system. This phenomenon which will light the economic world on fire is discussed in more detail during my short article entitled “How Counterparty Risk Extends to All Asset Classes in End Times, Including “Money” Itself.”
The suggestion made by Karen Hudes is not a new one, but instead offers validation that we will, by default, return to the only de facto money in existence – our means of production and precious metals as a form of exchange.
In this scenario all paper currencies in existence must re-balance according to that which exists in real 3 dimensional space. This would mean a totally new valuation for everything relative to specific weights of precious metals. What we will discover as time progresses is that the pricing mechanism of our current “market” is not in fact determined by natural supply/demand forces but instead an artificial algorithmic intelligence set on auto pilot as a means to enslave humanity.
As this malevolent “invisible hand” becomes paralyzed by its own inability to accurately manage the collective value perceptions of humanity, the pricing system we have currently will be whisked away by the unstoppable power of true market forces & the human race will then be invited to revalue all assets in lieu of this planetary Schumpeter’s gale, effectively seizing back our collective human right to finance. The tacit admission of this basic economic fact from a former senior counsel to the World Bank is one of the best indications we have in 2013 that this will in fact happen, perhaps much sooner than later.