https://www.youtube.com/watch?v=gHVgRgYdCsQ

World Bank whistleblower Karen Hudes says this is not a fight about money, but survival of the planet. "We're dealing with whether we can continue as humanity and have an earth or whether we blow ourselves up. . . . whether we love each other enough to save the world, or we all go to hell in a hand basket," says Hudes. Join Greg Hunter as he goes One-on-One with World Bank Whistle Blower Karen Hudes.
She also exposes the fallacy of the power of POTUS - "...Obama is just an actor. He is acting a script and does what he is told to do"

What an intelligent and courageous lady!

I hope the "crooks" don't get her.

Banks should be merged into a single institution and Nationalized. The Central Banks need to be the sole existing banks and be headed by elected officers who are answerable to the general populace and not to a board of shareholders or politicians order than special committees drafted from Congress. This new Central Bank will lend at set low rates and should operate under the same principle as co-operatives. The Govt should use this Banks only and only have a fixed percentage of govt earnings in FOREX held physically within the Bank vaults. Other investments like precious metals should also be used to buffer the currency.

We also need to get rid of the Stock and commodity markets as these institutions are nothing more than speculative gambling dens.

Pension, Housing and Health allowance will be managed and saved with this Bank which in return will add liquidity to the bank and made available as personal or commercial loans.
Personal consumer loans should be higher than Commercial loans unless for Housing/Mortgage financing.

Tax collection will be less cumbersome as all employers will be mandated to pay salaries only by means of bank accounts.



This bank will also go along way in reducing corruption within our polity. Huge Taxes would await capital flight.

Banks cannot and should not be allowed to operate as private profit ventures but should be as a general money pot.

^^
Nice analysis there. But will the Nigerian elite allow that to happen? Don't forget that some of these elites are connected to the CIA and the IMF/World Bank. Any President that tries to implement such a radical change in the financial system may be marked for assassination i.e. Salvadore Allende in Chile (1970s), John Kennedy etc.

CFCfan: ^^
Nice analysis there. But will the Nigerian elite allow that to happen? Don't forget that some of these elites are connected to the CIA and the IMF/World Bank. Any President that tries to implement such a radical change in the financial system may be marked for assassination i.e. Salvadore Allende in Chile (1970s), John Kennedy etc.

It's time for a revolution.
Banks are holding down entrepreneurship back with exorbitant lending rates. Bankers connive with crooked politicians in embezzling public loot and the last stock market crash was as a result of crooked insider tradings by banks.

Some people just live, breath,eat and thrive on conspiracy theories..new world order my foot. Alex jones has started spreading his lunacy.

The lady just confirmed what a few folks here on Nairaland have been saying:

-The Western 'leaders' (including the US President) are mainly actors on the stage, or the equivalent of managers; while the Bankers are the real bosses.

-The Syrian "chemical attack" is a hoax.

Symphony007: Some people just live, breath,eat and thrive on conspiracy theories..new world order my foot. Alex jones has started spreading his lunacy.

She has 20yrs working as a senior executive with the World Bank

CFCfan:
-The Syrian "chemical attack" is a hoax.

I can't stand CNN, BBC and Al-Jazeera.

They keep relaying b.s. 24/7 jus like the way copped DJ's play rubbish artists to get us to like their music.

The world's media just trend lies until it becomes fact.

I love that.

Fearless.

Magic Bishop:

She has 20yrs working as a senior executive with the World Bank

yes, and just a few days ago. The stenographer of the united states house of representatives ran to the house floor ranting about a new world order, illuminati, freemasons,etc, she has now been comfirmed as partly insane. So no body is insulated for crazyness.

Symphony007: yes, and just a few days ago. The stenographer of the united states house of representatives ran to the house floor ranting about a new world order, illuminati, freemasons,etc, she has now been comfirmed as partly insane. So no body is insulated for crazyness.

They start by discrediting whoever exposes them as being a lunatic.

The Red Pill does exist.

Magic Bishop:

I can't stand CNN, BBC and Al-Jazeera.

They keep relaying b.s. 24/7 jus like the way copped DJ's play rubbish artists to get us to like their music.

The world's media just trend lies until it becomes fact.

CNN and BBC true. But Aljazeera, I think you are focusing on the wrong side.

Symphony007: Some people just live, breath,eat and thrive on conspiracy theories..new world order my foot. Alex jones has started spreading his lunacy.

Why not provide evidences to back up ur trivialised point?

But what it's true?

Reyginus: CNN and BBC true. But Aljazeera, I think you are focusing on the wrong side.

Abu Mikey:


[quote author=emmysenior]

Why not provide evidences to back up ur trivialised point?

Al Jazeera showed their craft in Libya and now Syria.

Or have you forgotten how their reporter was faking news in Borno with fake Boko Haram sympathizers?

They are all of the same feather.

You are better of with CCTV news, trust me.

What craft are you talking about?

Reyginus: What craft are you talking about?

disinfo, lies and propaganda

I've learnt after multiple encounters not to argue with conspiracy theorist. It's a fruitless journey. Futhermore you can say the banking sector has protected itself and are major players in the world economy and make their own rules because they have funded campaigns, bought over parties, etc..but to say there is one global ochestrated plan is ludacris.

Symphony007: I've learnt after multiple encounters not to argue with conspiracy theorist. It's a fruitless journey. Futhermore you can say the banking sector has protected itself and are major players in the world economy and make their own rules because they have funded campaigns, bought over parties, etc..but to say there is one global ochestrated plan is ludacris.

Firstly consider what is it the banks actually offer?

The answer is absolutely nothing but worthless paper debt securities.

This is not just mere conspiracy theory. Check out the Venus Project and see for yourself viable options of how global resources can be handled without bankers and speculative capitalist traders.

You can choose to believe what you want to believe but the system and world as a whole you currently inhabit is teleguided by a few powerful elites.
Now that's the red pill and you can flush it down the toilet if it will make you return to your la-la land

Magic Bishop:

Firstly consider what is it the banks actually offer?

The answer is absolutely nothing but worthless paper debt securities.

This is not just mere conspiracy theory. Check out the Venus Project and see for yourself viable options of how global resources can be handled without bankers and speculative capitalist traders.

You can choose to believe what you want to believe but the system and world as a whole you currently inhabit is teleguided by a few powerful elites.
Now that's the red pill and you can flush it down the toilet if it will make you return to your la-la land

lsten to me and listen good. There is not doubt that the world is run by rich and powerfull elites. That's the way it has been from the beginning of time in every nation. But when it becomes crazy is when someone tells me that every world leaders is a puppet working for the banks, or every rich and powerfull person on earth belong to one exclusive secret clut. Or some other ludacris statement.

J.p morgan in the 18th century wanted and also suceeded in monopolizing the u.s banking sector but he died following series of congressional hearings and indictments. Today j.p morgan chase is a fraction of a global banking structure with others like HSBC,citigroup,gold:an sacks, barclays,etc. The rothchilds who people claim run finance, were are they today? We must be very realistic. I am a very realistic person, i work with fact not figment of peoples imagination.

And finally the world need banks. The global financial system as it is has grown and matured over the centuries and any attempt to negate it will be global eceonomic catastrophy. There is a reason why the u.s bailed out the banks in 2008/2009. There is a reason the u.k did the same. Even the socialist french who rail against big banks contributed to bailout even today in the eurozone. You get break up the banks.

Symphony007: lsten to me and listen good.

"The few who understand the system, will either be so interested from it's profits or so dependant on it's favors, that there will be no opposition from that class." — Rothschild Brothers of London, 1863

Symphony007: But when it becomes crazy is when someone tells me that every world leaders is a puppet working for the banks, or every rich and powerfull person on earth belong to one exclusive secret clut. Or some other ludacris statement.

"Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer Rothschild

"Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States" — Sen. Barry Goldwater (Rep. AR)

"This [Federal Reserve Act] establishes the most gigantic trust on earth. When the President [Wilson} signs this bill, the invisible government of the monetary power will be legalized....the worst legislative crime of the ages is perpetrated by this banking and currency bill." — Charles A. Lindbergh, Sr. , 1913

"From now on, depressions will be scientifically created." — Congressman Charles A.
Lindbergh Sr. , 1913

"The financial system has been turned over to the Federal Reserve Board. That Board as ministers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money" -- Charles A. Lindbergh Sr., 1923

"The Federal Reserve banks are one of the most corrupt institutions the world has ever seen.
There is not a man within the sound of my voice who does not know that this nation is run by the
International bankers — Congressman Louis T. McFadden (Rep. Pa)

"Some people think the Federal Reserve Banks are the United States government's institutions.
They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers" — Congressional Record 12595-12603 — Louis T. McFadden, Chairman of the Committee on Banking and Currency (12 years) June 10, 1932

"Whoever controls the volume of money in any country is absolute master of all industry and
commerce." — James A. Garfield, President of the United States

"A great industrial nation is controlled by it's system of credit. Our system of credit is concentrated in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the world--no longer a government of free opinion, no longer a government by conviction and vote of the majority, but a government by the opinion and duress of small groups of dominant men." — President Woodrow Wilson

"I believe that banking institutions are more dangerous to our liberties than standing armies.
Already they have raised up a monied aristocracy that has set the government at defiance. The
issuing power (of money) should be taken away from the banks and restored to the people to
whom it properly belongs." — Thomas Jefferson, U.S. President.

"History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and it's issuance." — James Madison

President Andrew Jackson went to the Capitol to attend the funeral of Congressman Warren Davis of Mississippi. When the President walked along the Capitol's east portico after the service,
he was approached by an unemployed house painter named Richard Lawrence.
When Lawrence was within eight feet of the President, he drew a pistol and attempted to shoot Jackson. The pistol misfired. The percussion cap exploded, but the bullet did not discharge.
Lawrence then drew a second pistol, which also misfired. The ever-feisty Jackson raised his walking stick and subdued the assailant, who was arrested and declared insane, confined to jails & mental institution until his death in 1861 . The first assassination attempt of an American president had failed. When later tested by police, both pistols fired perfectly.

A delusional Lawrence believed that the U.S. government owed him a large sum that Jackson was keeping from him. Release of the funds, he thought, would allow him to take his rightful place as King Richard III of England. Bystanders joined in, wrestling Lawrence to the ground and disarming him.
One of them was Rep. Davy Crockett of Tennessee.
Historians have come to view Lawrence as a mentally unstable person, but the Democratic president became convinced that his political enemies in the rival Whig Party had hired Lawrence to assassinate him.

At the time, Jackson was locked in a bitter struggle with the Whigs over his ultimately successful effort to scuttle the Second Bank of the United States, whom Jackson had promised to "kill".
The banks 20 year charter was set to expire in 1836 so it's President Nicholas Biddle coaxed former Senator & Secretary of State Henry Clay to push for an extension.
Jackson promptly vetoed the measure which Biddle would later refer to as a "manifesto of anarchy".

The veto penned by George Bancroft outlined key points
which draw parallels to Americas present day scenario:
- It concentrated the nation's financial strength in a single institution.
- It exposed the government to control by foreign interests.
- It served mainly to make the rich richer.
- It exercised too much control over members of Congress.
- Banks are controlled by a few select families.
- Banks have a long history of instigating wars between nations,
forcing them to borrow funding to pay for them.

The bank existed for 5 more years as an ordinary bank before going bankrupt in 1841.

Magic Bishop:

disinfo, lies and propaganda

How exactly do you mean? An example will help.

"I have only two regrets: I didn't shoot Henry Clay and I didn't hang John C. Calhoun."

Jackson would go on to smash Henry Clay during his re-election campaign and set up 'pet banks', where taxes previously deposited as the lifeblood of the Second Bank were re-routed by the Secretary of the Treasury under the orders of Jackson to be deposited in state banks.
This resulted in National Debt being paid in full ($58 million in 6 years since Jackson took office) actually achieving a surplus, raking in more than they were spendng.

Reyginus: How exactly do you mean? An example will help.

You think CNN, BBC and Al Jazeera are in the business to inform?

They were formed to feed you lies.

Facts: Yes, the Federal Reserve banks are privately owned, but they are controlled by the publically-appointed Board of Governors. The Federal Reserve banks merely execute the monetary policy choices made by the Board. In addition, nearly all the interest the Federal Reserve collects on government bonds is rebated to the Treasury each year, so the government does not pay any net interest to the Fed.
Facts: No foreigners own any part of the Fed. Each Federal Reserve bank is owned exclusively by the participating commercial banks and S&Ls operating within the Federal Reserve bank's district. Individuals and non-bank firms, be they foreign or domestic, are not permitted by law to own any shares of a Federal Reserve bank. Moreover, monetary policy is controlled by the publically-appointed Board of Governors, not by the Federal Reserve banks.
Fact: Independent accounting firms conduct full financial audits of the Federal Reserve banks and the Board of Governors every year. The Fed is also subject to certain types of audits from the Government Accounting Office.
Facts: The Federal Reserve rebates its net earnings to the Treasury every year. Consequently, the interest the Treasury pays to the Fed is returned, so the money borrowed from the Fed has no net interest obligation for the Treasury. The government could print its own currency independent of the Fed, but there would be no effective safeguards against abuse of this power for political gain.
Facts: The Federal Reserve banks have only a small share of the total national debt (about 7%). Therefore, only a small share of the interest on the debt goes to the Fed. Regardless, the Fed rebates that interest to the Treasury every year, so the debt held by the Fed carries no net interest obligation for the government. In addition, it is Congress, not the Federal Reserve, who is responsible for the federal budget and the national debt.
Facts: Kennedy wrote E.O. 11,110 to phase out silver certificate currency, not to issue more of it. Records show Kennedy and the Federal Reserve were almost always in agreement on policy matters. He even signed legislation to give the Fed more authority to issue currency.
Facts: McFadden was incorrect regarding the Fed costing the government money. However, later economic analysis agrees with him that Federal Reserve policy blunders had a substantial role in causing the Depression. However, his implication that this was done deliberately has no basis in fact. Moreover, for a dozen years prior to his rant, McFadden had been the chairman of the House subcommittee that oversaw the Federal Reserve. Why didn't he do anything to reform or abolish the Fed while he had the chance?
Facts: The banking system is indeed able to create money with a mere computer keystroke. However, a bank's ability to create money is tied directly to the amount of reserves customers have deposited there. A bank must pay a competitive interest rate on those deposits to keep them from leaving to other banks. This interest expense alone is a substantial portion of a bank's operating costs and is de facto proof a bank cannot costlessly create money.
Fact: The term 'lawful money' does not refer to gold or silver coin, but to types of money which the government would permit banks to use when tabulating their reserves. These types of money included, but were not limited to, gold and silver coin.
BY: Edward Flaherty, Ph.D. Department of Economics College of Charleston, S.C.
*. Myth #1: The Federal Reserve Act of 1913 was crafted by Wall Street bankers and a few senators in a secret meeting.
*. Myth #2: The Federal Reserve Act never actually passed Congress. The Senate voted on the bill without a quorum, so the Act is null and void.
*. Myth# 3: The Federal Reserve Act and paper money are unconstitutional.
*. Myth# 4: The Federal Reserve is a privately owned bank.
*. Myth #5: The Federal Reserve is owned and controlled by foreigners.
*. Myth #6: The Federal Reserve has never been audited.
*. Myth #7: The Federal Reserve charges interest on the currency we use.
*. Myth #8: If it were not for the Federal Reserve charging the government interest, the budget would be balanced and we would have no national debt.
*. Myth #9: President Kennedy was assassinated because he tried to usurp the Federal Reserve's power. Executive Order 11,110 proves it.
*. Myth #10. The Legendary Tirade of Louis T. McFadden

You are desperately sounding like a disinfo agent.

Whatever the case, the system is corrupt and long over due for overhauling.

Bankers do not create anything of value but have placed themselves at the center of all production and services without having or adding any value.

BARSAMIAN:Let’s start with a working definition of conspiracy theory.
BERLET: I’m going to make a distinction between conspiracy and conspiracism, which is a way of seeing the world that overvalues the role of individual actors and undercuts any kind of systemic or institutional analysis. Conspiracism sees the world as governed by plots hatched by relatively small groups of people.

Some of the groups that keep turning up over and over again are, for example, the Trilateral Commission, the Council on Foreign Relations, the Illuminati, the Bilderburgers, the Rockefellers, and others.
Some of these are institutions that have real power in the world and we should be investigating them as power brokers. The dilemma is assuming because a group has power that it has control. There are many powerful groups that meet and plot strategy. The Bilderburgers are a real banking group, the Trilateral Commission really does affect foreign policy.
But there isn’t one group that is the puppeteer over everything; there are a number of groups that are jockeying for power. Sometimes they work together, sometimes they have falling-outs. That’s the distinction here. An institutional analysis would look at the role of these powerful groups and say, “This is where they’ve been successful, this is where they’ve failed. These groups worked together for a number of years. Now they don’t work together.” It’s the insistence on a kind of Manichean thinking: there are evil forces in the world and good people have to expose them, and everything will be fine once they are exposed. This is a magical explanation of how the world works. Power concedes nothing without a struggle, as Frederick Douglass pointed out. You cannot change the way power is exercised in the world simply by exposing a handful of people. There needs to be a struggle to explain how systems and institutions and structures of society affect us.
Even if we could expose a handful of people who are powerful, there would still be powerful forces of capitalism and class exploitation. There would be powerful forces of white supremacy. There would be patriarchy. There would be heterosexism.
In your research, what groups and individuals have you identified as principal disseminators of these kinds of ideas?
Skipping over the 2,000 years of Christian millennial, apocalyptic allegations of conspiracy, we can cut to the chase around the late 1700s. The basic idea really starts as a defense of the monarchy and oligarchy in Europe against the Enlightenment, against free thinkers and liberal thinkers in Europe who were demanding that citizens have a right to have a say in their society. People who defended church-state alliance, the monarchy, and oligarchy put out a series of books alleging that calling for voting and democracy and the scientific method and the Enlightenment was all a plot by people trying to destroy society by undermining church and state. The basic allegations of modern conspiracy thinking start out as a right-wing attack in defense of the status quo. Ironically, as more and more democracy was introduced into society, this flips and people now are criticizing the government, claiming that the government is run by the conspiracy.
For many decades these are right-wing theories that surface against the Jesuits, against Jews, against anarchists, and during the McCarthy period, against Communists. The basic theme is that the reason you’re unhappy with the government is that there are these secret elites who run everything. The original allegations started out with the Illuminati, which is said to be controlling the Freemasons. In the 1900s, this gets changed to the “Protocols of the Learned Elders of Zion,” a hoax document that alleges that Jews run everything. In the 1950s, it’s all about the Communists and the State Department and the CIA versus the really righteous people in the military and conservative groups. Today it filters down so that a number of progressives have adopted this way of thinking and claim that ever since the JFK assassination the government has been run by a handful of secret elites.
The reason I get so frustrated with this is that we’re sitting here in a library. Just a few feet from us there are 300 or 400 books written by right wingers over the last 50 years making all of these allegations. Then I have a shelf of books by progressives who have adopted this way of thinking and made it a progressive issue by abandoning any kind of systemic institutional or structural analysis.