The World Bank and its secrets


Cross Karen Hudes
BY: Carlos Flores

The World Bank and its secrets.

“I always wanted to work at the World Bank“, then a quick sigh. The voice on the other end of the phone line, belongs to Karen Hudes, a woman whose life has become a dangerous roller coaster, full of sinister and controversial high and low curves. Hudes is a lawyer who graduated from Yale University and entitled economist at the University of Amsterdam. His impressive resume includes prestigious law firms, and five years working in the Export-Import Bank of the United States and 20 years in the Legal Department of the World Bank, where he was fired in 2007 after holding the position of senior adviser.

I mean, this woman spent two decades of his head stuck in the epicenter of the global economy but above all, the epicenter of world debt. And despite their hierarchy within the institution, a bad day fired after opening a door behind which a huge and complex web of corruptionas she took to hiding a conclusion: the World Bank is not seems. And ultimately, it was not the place to work ever dreamed.

Founded in 1944, the Bank has two key missions: to end extreme poverty and to promote shared prosperity. And is it composed of five institutions: the International Bank for Reconstruction and Development (IBRD), which lends to governments of middle-income and low-income with capacity to pay; the International Development Association (IDA), which provides interest-free loans, or loans and grants to governments of the poorest countries; the International Finance Corporation (IFC), a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector (to help developing countries achieve sustainable growth by financing investment, mobilizing capital in the international financial markets and providing advisory services to businesses and governments); the Multilateral Investment Guarantee Agency (MIGA), established in 1988 as a member of the World Bank Group to promote foreign direct investment in developing countries, support economic growth, reduce poverty and improve the lives of people (MIGA fulfills this mandate by offering insurance against politicalsecurityinvestors) risks; and the International Centre for Settlement of Investment Disputes (ICSID), which provides international facilities for conciliation and arbitration to help resolve investment disputes.

After a brief pause, Hudes continues its initial idea, “Yes, I always wanted to work there. And, for someone like me, who studied economic development and also is a lawyer, the World Bank is the perfect place to develop professionally, since it is right in the center of the international financial system. So there I wanted to make my career and took me some effort to get into. “

The World Bank is located in Washington and today has a membership of 188 countries, says Hudes. So they prefer to hire people from different parts of the world, whichoccupationally speaking, makes it a truly competitive environment. I was hired by an Egyptian lawyer who worked as general counsel for oil exporters. He also hired the later part of my team. “

When everything was almost perfect

Initially, during the first years was the perfect job. But over time the picture was becoming dark and confusing. With a parsimonious research methodology, Hudes was spinning a series of cases involving little more than suspicious transactions, all made ​​on behalf of BM.

Everything changed when I realized the true secret purpose that has the World Bank is a cooperative that has an important role to play by administering trust funds(trusts) that contain virtually all the world’s wealth. And this what I discovered as I went to make public the difficulties I had to perform my work there. “

The biggest difficulty he encountered was the inability to verify in detail the financial statements of the institution. There was no way to do. The accounts of the bank that is destined to end extreme poverty are hidden behind a veil of mystery worthy of Hitchcock‘s creation.

“Our research showed each level of corruption within the institutions of the World Bank. Everything is documented. The World Bank is the bank of a group that seeks to create and increase debt in all countries as possible. For example, by the time we began these allegations, today U.S. Vice President Joe Biden was in charge of the Foreign Relations Committee of the Senate and the junior senators of his committee were Barack Obama and Hillary Clinton; I turned to them, the three “recalls Hudes. “Everyone involved in concealing what happens. Subsequently, the World Bank opened an office of Institutional Integrity whose purpose was to identify informants within the organization, people like me. On one occasion, the Minister of Foreign Affairs of the Netherlands requested an investigation into allegations of corruption that I was doing began. But the Department of Institutional Integrity denied this possibility.

One of the great statements of the World Bank has to do with the transparency of their transactions and the need to be open so that you can make a good internal control. And my job, as one of the lawyers, was to make sure that the financial statements were true, that correspond to reality: they were legal. But it was not. I performed all the steps required by the organization but, seeing that there was absolute silence, I went to the Treasury Department of the United States, trying to compel the Bank to disclose their true financial statements, and the U.S. Congress tried for a year that this was done but no success, “says Hudes, who these days is located in Tokyo, Japan, from where it is in contact with major world economic leaders seeking to expose and stop the actions that both fervor complaint.

What I studied as ‘economy’ in college has nothing to do with what I found working in the international financial system. So is the law. The laws do not exist and universities educate people in a system that does not exist, and in which do not apply this knowledge: it is unreal. “

The poster, not toads

A group of technical researchers (mathematicians) of the Federal Institute of Technology in Zurich, Switzerland, studied the functioning of the banking cartel, which include central banks. Many people believe that central banks are part of the government itself, but it does not happen this way: many are private entities that control means, exports, and so on. Slowly it has changed the skyline of the financial system but … if you do not report it … how would know? “Asks Hudes.

These mathematicians discovered that a high percentage of companies, large and not so operating in the world and offering a large majority in Stock Exchanges, belong to a group, have a single owner. That study, no hypotheses and full of formulas and application of scientific method, documented that there is a way to manage the integrated system boards to find connections and conclude that one group controls most of the wealth of world … and the world Bank’s work is to protect the interests of the group and no one else. These mathematical relationships traced some 37 million companies and investors around the world, all in a complex report filled with formulas and algorithms, and their discovery, others surprising, is that there is a “superentity” or elite group, bringing together 147 megacorporations unified in an airtight manner and that controls and represents 40 percent of the entire global economy

Karen Hudes that the World Bank finances a range of initiatives and projects. One was a software called “Power Transition Model”. And in 2004 he was presented to the BM by a scientist who was also a policy expert. This powerful tool was originally developed by the Department of Defense of the United States and what it does is to predict how social, political and economic coalitions will be formed; lucky crystal ball technology, after reviewing complex patterns can be solved with a course-95percent certainty, the tendency to govern any conflict. That is, within the U.S. intelligence system has a huge degree of respect. And one of the most interesting things we found using this software is that most of the mainstream media (which I considered positive factors, and other corporations) are actually owned by a huge banking cartel.”

As an organization, the functioning of the World Bank is very unusual. There is a board that manages the bank and has representatives from the eight largest economies. And it all has to do with the gold in the world. What I call the banking cartel, gold easily operated that supports many bond issues in the world. They receive money and never lost the gold because they will not monetize; much less sell or relocate, “says Hudes.

The Citizen Portal, page Chile, explores another side of this complex deck of cards: the global elite not only controls these megacorporations. According to Hudes, also dominate the unelected organizations that do not respond to any country and controlling the finances of virtually every nation on the face of the Earth. The World Bank, the IMF and central banks like the Federal Reserve literally creating and controlling the flow of money in the world. At the apex of this system is the Bank for International Settlements. It is the central bank of central banks, and a video of you can listen to Hudes read: “We have to wait for someone to dismiss the Federal Reserve or the Bank for International Settlements Some states have begun to recognize the silver and gold, precious metals, such as currency. Many people have not even heard of the Bank for International Settlements, but is an organization of extreme importance. In a previous article in English, is described as the central bank of the world‘ is literally immune to the laws of any country An immensely powerful international organization, of which most have not even heard secretly controls the production of money worldwide. It’s called the Bank for International Settlements, and is the central bank of central banks. Is located in Basel, Switzerland, but has branches in Hong Kong and Mexico City. It is essentially an unelected central bank of the world that has complete immunity from taxes and laws. Even Wikipedia admits that serves no national governmentand ‘today, 58 central banks worldwide belong to the Bank for International Settlements (BIS), and is by far the most power in the U.S. economy (or the economy of any other country) than any politician. Every two months, central bankers gather in Basel for another Meeting of World Economy‘. During these meetings, decisions that affect every man, woman and child on the planet, and none of us have any say in what is decided is taken. The BIS is an organization founded by the global elite, which operates for the benefit of the same, which aims to be one of the cornerstones of the coming unified global financial system, “concludes research journal The City (Chile) .

“I was fired in 2007“, and it seems like just yesterday, as Karen Hudes not only remember but day to day lives and breathes in this crusade that aims to expose that, she says, is the reality of the system global economic and continue to work with those who can envision a better future for the world.

“I was fired even though the U.S. Congress sent three removieran not communicated to me in my office. But I kept in touch with a number of internal and external reporting. And thanks to one of them, the United Kingdom, we present the case of corruption of the World Bank to the British Parliament, which gave to the lack of confidence that financial statements of the World Bank. Then I testified in the European Parliament, and from there, it has developed a series of coalitions seeking to stop the level of corruption and deceit that hides in the World Bank and its little brother, the International Monetary Fund. “

End Hudes gathered with representatives of the four global agencies that supply and credit systems that are controlled by Russia and China; Today we write weekly. And what is not known, because the media can not reflect, is that there is a powerful global coalition against the current banking system. You’d be surprised what you are doing, in legal terms. It is as old and large trees falling in a forest with no one to listen. “

I’ve seen the future, brother:

it is murder (I’ve seen the future, brother: it is murder)

This intertitle responds to “The Futureglorious subject teacher Leonard Cohen and is conducive to the grim economic outlook today already plaguing many nations.

“What will happen is a new change in the world economic system in which we will not use paper money, banknotes”. Hudes uses a very graphic example and explains that the vast majority of airplane used in the various world economies have written a statement (in tiny letters) that says something roughly as: Payable to bearer at the offices of the central bankwhich places the paper money as simple notes to be redeemed for money.

“We will use change in coins only. And when I was talking about this, that may sound like fantasy, is something that is unfolding as we speak. In April there was a meeting with 188 ministers and he started working on the disappearance of paper money. This banking cartel wants to corrupting leaders, creating wars, since wars are the best bargain. But again, there is a coalition that is well advanced in terms of ending the global economic situation, in which the currency of each country generates debt to banks. Why do people have to pay their own debts eternal currency? The poster aims to create a crash’ in the dollar, so you can generate some kind of global single currency. We have to keep the idea of ​​John F. Kennedy and issue Treasury dollars (gold coins) and forget the Federal Reserve Notes, before they lose their value in favor of creating a bankruptcy in America. We have to deliver clean’ currencies.

Karen Hudes still investigating, reporting and trying to be a voice that resonates into an abyss of power that is deaf. But he says the Power Transition Model using the current situation to see an early exit this situation, and this is shown effusive hopefully.

Meanwhile, the world is still plagued by debt, crisis, banks, credit, loans, payments, interest and more debt no matter it is a malefic grupete controlling the world economy. How nice it would wake up in a society where the only debt that can be either with the acts of consciousness of each of us.

Venezuelan journalist Carlos Floreses. He has contributed to various media and is the author of Fashion Suicide (EXD, 2000), Cannibal Season (Random House Mondadori, 2004) Unisex (Santillana, 2008). He is currently editor in chief of the daily Notitarde La Costa and columnist for The Huffington Post. @ CarlosFloresX


Translated from Spanish to English done at Google Translate.



Related News:               Gold from the Global Debt Facility to Replace Paper Currency

Japan is now demanding access to its gold from the World Bank.




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