Central Banks on Armageddon Alert

central banks alert

If the US debt-ceiling debate goes past the eleventh hour, and the default of the world’s largest economy becomes a reality, leading central banks around the world are gearing up to minimize losses and keep the world economy functioning.

Follow RT’s LIVE UPDATES on the US budget crisis

If US lawmakers don’t reach a budget consensus and raise the debt ceiling by Thursday October 17, the US will become the first Western power to default since Nazi Germany in 1933, and will send markets into uncharted territory.

The rest of the world is bracing itself for what would happen if the bill is rejected, and the US inches closer to defaulting on its debts, which are largely foreign- held in the form of US Treasury Bonds.

Central banks have begun preparing for the worst-case scenario if US does fault, which would result in a serious devaluation of Treasury bonds, delayed payments, and a more large-scale version of the current government shutdown.

“Because in the past it’s always been sorted out is absolutely not a reason to fail to do the contingency planning,” Jon Cunliffe, who will become the Bank of England’s deputy governor for financial stability in November, told UK lawmakers.

“I would expect the Bank of England to be planning for it [US default]. I’d expect private-sector actors to be doing that, and in other countries as well,” said Cunliffe, who acknowledged a default as “the main risk to the [global] financial system”.

The European Central Bank and the People’s Bank of China (PBC) have struck a deal that moves both banks farther from the dollar orbit. The two banks agreed to ‘swap’ $56 billion worth of yuan for $60.8 billion worth of euros.

Many central banks have reserves in the form of Sovereign Wealth Funds, which are also at risk if the US defaults, as many of the assets are held in dollars. These investment vehicles could be crippled by a default. China’s is estimated at more than $1.3 trillion – the world’s largest.

A historic shift

Neil Mackinnon, a former UK Treasury official, told RT the US default tango marks a shift in the global economic paradigm, from West to East.

If the US doesn’t act soon, “the dollar will decline and its importance will move to a multi-polar currency system and other currencies will take on board more importance,” said Mackinnon.

Over the weekend, economic leaders from around the world met in Washington DC at the International Monetary Fund’s annual meeting. The fund’s managing director, Christine LaGarde, issued a harsh warning the global financial system could enter a recession if the US misses its debt deadline.

The US Senate said they will announce a deal to end the shutdown and extend the debt ceiling on Tuesday, which will pass through to the House, where it will face Obama’s hard-nosed Republican opponents who want to cut funding of the Affordable Care Act.

Senate Majority Leader Harry Reid, a Democrat, said Tuesday has the potential to be a “bright day” and bring calm back to the global markets.

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DEFER OR DEFAULT?

1385110_585569201479270_966599057_n
Senate Nears Deal… GOP Rep: Boehner Will Be Lucky To Find 20 Republicans To Support It… House Conservatives Revolt… ‘Mushy Piece Of S–t’… ‘If Boehner Backs This, He’s In Trouble’… House To Vote On Their Own Bill – And Still May Not Have The Votes!… THE DEFAULT HAS ALREADY BEGUN…

– Max Keiser

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HAVE YOU GOTTEN ENOUGH OF THE PSYOPS?

What if all those people whom we believe are fighting against the Cabal are themselves mere actors playing their part of the Grandest Script ever laid upon the Gullible?

What if Vladimir Putin is with the Cabalists just like his predecessor Gorbachev?

What if the whole show is just a monster’s clever adaptation to new realities wherein the Sheeples are beginning to empower themselves with information never available to them before?

We cannot expect the masters of mind manipulation to just sit there doing nothing while we are busy chatting in social media about how fucked up we all are. They must have expected something like this would happen and may have figured out the most suitable countermeasure.

Such countermeasure that would convince everyone that ended we have regain our freedom back, yet in reality the control systems are just being upgraded.

We must not forget that within a very short span of time they’ve been able to convince us that the Slavery System is gone, and yet we all know that it has expanded its scope and clout instead.

It used to be only the colored peoples of the planet, but right now it has made everyone subservient to somebody else. From ordinary laborers to professionals, private and public officials, presidents and paupers alike, we are all serving the same Slavery System, that very efficient mechanism which ultimately fed the caprices of the few at the top of the pyramid.

The slaves of the past were once housed and fed. Now, they have allowed the slaves to house themselves through a financial scheme that would take a lifetime to pay. The built-in limitations accompanying every legal right are cloaked with fats and sweeteners, e.g. right to vote and free speech.

Free speech can be muted just by shooting the messenger. The right to vote can be defeated even before the vote is cast by fielding politicians of their own choosing.

So if we can’t trust everyone, where do we turn to?

I can only suggest one — Yourself.

Empower yourself, and try living off the grid as much as you can. That’s when you begin to know freedom. Nobody, politician or not, can give it to you.

Consider everything else as mere entertainment, – a natural anomaly.

Otherwise, the whole thing will whack your brains out, and they have won.

Setting yourself free from the grid is a revolution unto itself. And if others would follow you then, we have won.

Enough for my short and mild rant.

Now, it’s time for me to share Pete Santilli’s, which would resonate perfectly with yesterday’s post, Bloodless Strive.

Putin Story Scripted – Russia Spent $ 6 Million with American PR Firm

September 15, 2013

Well folks, I’m back from a needed 2 week break and glad to be back in the grind of our lifetime.

I figured I would start the news-year off right by expressing my opinion and what appears to be a unique perspective on Vladimir Putin’s recent rise to global fame.

PutinScriptedRussiaPRFirm

Over the past couple weeks while on vacation, I couldn’t help but tune in periodically to the so-called “Syria Crisis” in the main stream media; what we awakened recognize as a full scale pre-fabricated crisis initiation perpetrated by the powers-that-be to instigate another middle east war.

Please allow me to provide commentary from an outsider’s perspective, as I was merely peering into the current events coverage from the outside as I was basking in the sun on holiday.  The only reason I tried to stay updated by catching CNN coverage was because I believed the Syria Crisis was a potential catalyst for World War 3 — the implications were far too enormous for me to ignore entirely over my 2 week vacation.  As I was grabbing snippets of information over several days as the crisis unfolded, I felt as though I was being subjected to some of the most horrifying propaganda that the mainstream media has ever manufactured.   Yes; we’ve seen them operate as an obedient extension of the military industrial complex; and yes; as they did in Iraq, they simply read tele prompted scripts to convince the American public to open their wallets voluntarily to wage a trillion dollar war.  With the Iraq War history so freshly embedded in our memory, one would assume that the state-run media personalities would refuse to be duped once again.  You would readily assume that so-called journalists in the main stream media would never again let their government make them look like a propaganda tool.

Watching CNN made me feel like hurling in disgust.  Not just because they were so open and obvious about the agenda they were pursuing on behalf of their fascist masters, but because I couldn’t ignore the fact that we still have 100′s of millions of Americans who still naively trust their government; American business; and the main stream media.  I became horrified thinking about all the innocent, naive minds being skull plugged by the lies and salesmanship.

Ladies and gentlemen, if you ever wondered what the root of all evil is in the world, I think I have it figured out, and I’ll share it with you because I believe I’m right.  Lying to the public is not only legal, but essential in keeping a failed system operating with the energy of false confidence.

The elite cannot physically walk up to each and ever citizen with a pistol; demand that they take out their wallet and hand over all their money.  The only efficient method by which they can steal from us on a massive scale is get us to surrender our cash voluntarily.  Lying to the masses accomplishes a few things for the elite; it gives them a sense of moral character as they essentially steal from us wearing a suit & tie with lies propagated through the media; they can throw their elitist hands in the air and say “…what the heck, I am not doing anything wrong, I am exploiting capitalism as I receive fists full of cash being thrown at me as a result of my entrepreneurship and  corporate success…this opportunity exists for ALL Americans….I am wealthy because people have thrown cash at me….what am I suppose to do? Refuse to accept it?”

Those Americans who are too stupid to understand what is happening to their minds will permanently resign themselves to their role as subservient, gluttonous feeders of the system being shoved down their throat by the elite who know the secret code.  They have crafted a corporate brand of leaders who create jobs and prosperity via their system of perpetual lies.  They have us all convinced that the alternative is poverty and pain.

Today there are a select few of us who are now fully awakened to the realities of this failed; immoral, unethical system of theft, but we cannot stop there. We must recognize that the elite have now learned to lie to the awakened as well.  Within our community of awakened exists a large percentage of people who have just recently realized they were suckered by the main stream media, and I believe they are still malleable and naive — they are the easiest to lie to; all the elite have to do is gain their trust by telling them that they have been lied to “…so here’s the truth…”.  The bottom line:  It’s another set of lies wrapped up in a truth flag.

So, you are probably asking, “…what does this have to do with the Syria Crisis? and so what if the main stream media lies — I don’t watch CNN…”.   As I said, from an outsider’s perspective I will present this to you in the least condescending fashion:

They have us completely surrounded with every possible scenario of lies by purchasing each and every one of our minds.  If you are a conservative — done. We have a narrative that fits perfect with your anti-Russia, cold war mentality.

If you are a liberal peace-nick.  Bam.  Peace at all costs, led by the socialist-in-chief.

Independent?  Boom. Bi-partisan opposition  whipped up in a blender.

Conspiracy theorist?  ”Alternative media” fanatic?  Bam!  Alex Jones is bought and paid for, and every single alternative media underling regurgitates exactly what he is regurgitating — “aggregating” selective news without ever having to claim ultimate responsibility for propagating lies.

Are you a Russia-fearing prepper?  Ka-blam!  Gotcha covered with numerous reports about Russian troops on the ground and thousands of “confidential DHS insider” leaks.

No matter who you are, and what your perspective is as you analyze the Syria crisis, your mind is purchased.  Even Russia has mastered the fine art of skull plugging for profit.  Just think, both the U.S. and Russian military industrial complex cannot afford NOT to psy-op their populous.  Trillions of dollars are at stake for both sides.

Here’s the most disturbing thought:  There is so much money wrapped up in pre-fabricated conflict, that the Russians, Chinese, and Americans have allied in the propaganda war.  The name of the game is “Public Relations” (corporate code name for legal lying & skull plugging).

If you take a step back and wonder why each special interest group is thinking the way they are thinking in their analysis, you can easily determine that each sect is satisfied with a pre-purchased rendition of what is occurring in this Syrian crisis, but the bottom line is that we are always inching towards war.  No matter what your politics are, your mind is perfectly ripened to justify killing billions of humans and sending trillions in profits to both sides of the conflict.  Each of us is literally being painted into a corner, and the elite will soon surprise everyone with a one-world government solution.

This, my friends, is the higalian dialectic on steroids.  Problem – reaction- solution , and it is a fact that the awakened are not immune or exempt from the psy-op.  Every mind has been purchased. Period.

In the USA, we can follow the money trail through what we now know is a fascist system.  Mercenaries whip up a chemical false flag attack in Syria.  The intelligence community (secret Zionist code for lawless militant drug traffickers and war fabricators) covers all the bases: fake YouTube videos, CNN teleprompter scripting, and made up Presidential reports that give the Commander In Chief no other legal obligation than to bomb.   Corporations inject the media — like pumping a Foster’s Farm chicken with growth hormones — with the same styled imagery & heart string jerking sadness of dying babies who have been gassed.

In Russia, same scheme, different dialect of lies, but ultimately bough and paid for by the Russian military industrial complex.

Within moments of returning from vacation, I immediately said “…whoa…why is this Russia/Putin narrative being shoved in my face so hard?”  Before vacation I was talking about how I admired the conduct of the Chinese and Russians on the international diplomatic stage.  I now realize that’s exactly what they paid for.  The global elite are slowly whittling away at American sovereignty and prosperity, and we are witnessing the final nail in our coffin — convincing our citizens that we really are much better off conducting ourselves as obedient global citizens.  That our international diplomacy skills are old and obsolete.  That America is no longer an “exceptional” society under the most powerful & protective rules of Constitutional law in the history of mankind.

In order for both the Russian and US military industrial complex to win trillions, they must destroy the USA from within (we’ve seen this through our collapse), and then finalize the deal with final push from Putin.  The entire story has been scripted, and all facets of this story are covered.  Each of us will one day soon say that we had no other alternative than to act, and each of us will open our wallets and throw trillions to the elite.  We will beg them for global stability, and since the USA is in its final throws of incompetence, the majority of our Zombies will clammer towards a one-world government. A peace negotiated by all angry parties for the sake of humanity.

Is this all a conspiracy theory, or is it a fact that what I tell you — that there is so much money wrapped up in this scheme that they cannot afford to stop lying to you — then please consider that anything you believe about Vladamir Putin has been paid for.  The Russians have spent almost $6 million dollars with a public relations firm which specializes in lying to you for profit.  It has been reported that the Op-Ed piece published by Putin was crafted and placed in the New York Times by American PR firm Ketchum.  Let me repeat that:  Vladamir Putin’s handlers are an American corporation that gave him inside access to one of the US’s top media outlets.  Communist Russia has used capitalism to penetrate the American mind?  But, one could ask, “but Putin is trying to negotiate peace?  Isn’t that the desired outcome?”  Only if you look at the surface, but you have to realize that the stage is being set for the battle of Armageddon between the Russian Bear and the God Blessed Exceptional Amerikans.  It’s a slow trickle of thinking inserted into your brain, but don’t forget, $6 million dollars is being spent by the Russians for “PR”, and you bet your bottom dollar that they expect a trillion dollars back in war profits for their investment.

Don’t forget Obama’s help to the military industrial complex by signing the NDAA.  By doing so, he essentially gave them an open check book to pump lies into the media.  The 2012 NDAA repealed the Smith Mundt act which prohibited the US Military from using the media to propagate fake news stories in their psy-ops.

What’s the punchline?  Armegeddon is a very profitable venture.  The only way to fund it is to pre-fabricate chemical false flags, whip up tear jerking imagery of gassed babies, convince the world population that there is no other alternative than to open their wallets and throw money at the Pentagon, and line up a billion of our youngsters to get slaughtered fighting for “freedom”.

The end result:  Profits flow like a slot machine to the elite.  The people pay the bill.  A billion lives are wiped out (no biggy for the elite—especially if the troops are too stupid to be anything but obedient and patriotic). All sides of the military industrial complexes of Russia, USA, China win a couple trillion.  And worst of all, the elite actually pay billions to make us believe this is a better alternative than a collapse.  The fabricate the problem — exploit the human reaction to the horrifying events they create —- and then pay big bucks getting ready to offer the Zombies a solution.  Why?  Because they will win trillions.

It’s all a lie and it can never be stopped.  The best thing we can do is believe none of it, and resist their higalian dialectic to the death.  We will literally need to kill the elite (for humanitarian reasons) to stop them from lying.  We can do this, but time is running out.  Tell as many people as you can —not about the truth, but especially about the lies.

===============

Be sure to tune in to The Pete Santilli Show on Monday September 16th at 10am PST / 1pm EST for our first broadcast back from the annual break.  Follow Pete on Twitter @SantilliMan, and please also “Like” our GuerillaMediaNetwork.com Facebook page.  We realize Twitter and Facebook have been compromised, but that won’t stop us from sharing critical information in the face of tyranny.

source »

We have just released the Second Edition of Towards Healthcare Emancipation eBook. The proceeds from this book will be used to fund our next project, Towards Energy Emancipation.

The aim is to make the subject of free energy more understandable for the layman so that anybody could replicate and install his own power plant and be completely living off-grid.

If you haven’t done so, please like our FB page to encourage others to learn more about our work.

Thank you very much for your valuable support.

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Karen Hudes Dropped the “J” Word on RT

Those who pretend to be on our side rarely mention the involvement of the most insidious military organization that is running the Vatican. Be it Alex Jones, Jesse Ventura, Ron Paul, and Ben Fulford – they can all go into the details of the problem but they are united in one common thread – the silence about the Jesuits.

Karen Hudes, on the other hand, just did what those men can’t do.

And while others are injecting fear porn into the ongoing US, Inc. shutdown, the RT article below emphasizes a smooth transition from the West to the East, i.e. economic strengths.

‘Congress all bribed, has zero confidence in eyes of American people’ – World Bank whistleblower

October 07, 2013 08:30

Download video (181.99 MB)

hudes on Jesuit

Karen Hudes

The US government shutdown – a temporary ailment or a symptom of a grave disease? Are the Republicans right in their move to block Obamacare spending? Who gains from the shutdown turmoil? Do the politicians care about their citizens? Our guest comes from the very heart of the banking system: Karen Hudes was World Bank lawyer when she blew the whistle on major corruption cases in the system and was fired as a result.

Follow@SophieCo_RT

Sophie Shevardnadze: Our guest today is whistleblower Karen Hudes, former senior counsel at the World Bank. Karen, it’s great to have you on a show today.

Karen Hudes: Thanks for having me. Sophie, I’m glad to be with you.

SS: So, the government shutdown. Is the move on the part of the Republicans justified? Is fighting off Obamacare worth all this mess?

KH: I think there is something more going on behind the scenes. A lot more actually.

SS: What do you mean?

KH: Well, there is a terrible currency problem. We’re on the verge of the currency war. The Federal Reserve is printing dollars like there is no tomorrow. And if they keep going the rest of the world is not going to accept them. As it is the BRICS countries – Brazil, Russia, India, China and South Africa – have decided that they are going to finance the trade among these countries with assets and pay for the difference in gold. And this is a right move for them…

SS: But how is that connected with a shutdown though?

KH: The US Congress has been fighting with the presidency because the presidency has been in total contempt and the highest legal officer of the United States Government has also been in contempt of Congress in fighting this international corruption that is ruining the dollar as an international reserve currency.

SS: You know, economists have been predicting the dollar will fall ever since the crisis in 2008. But the Government has managed to keep it afloat.

KH: Well, not for a long. If you look at what’s going in the gold and other precious metals markets, silver as well, we’re headed to something called “permanent gold backwardation”, that means there is a loss in confidencein the fiat currencies that are issued by those private banks. They like to consider themselves as ‘public banks’ but they really owned by private entities. And these currencies are about to crash because they are valueless, that’s what always happens to paper currencies that aren’t backed by assets.

SS: Like you’ve mentioned – “gold backwardation”, gold is often chanted as perfectly safe investment and alternative to the dollar, even. But how come the price of gold is following?

KH: Because of a market manipulation but that can only continue for so long because the Central Banks are running out of gold and the rests of the world are lining up to buy them. If you want to buy gold today, you have to pay today a premium. What they are offering in the future is called ‘a naked short’, they don’t have the gold to back those offers, that’s illegal what they are doing.

SS: I will get back to gold in a bit. But for now I would like to focus on Obamacare. In your opinion, is Obamacare really that crucial for the US economy?

KH: What you have is something that’s very good for medical insurance because most of the other countries that offer medical coverage do this through a single issuer. And that’s it not what we have here. What we have here is a bill that was drafted by the medical insurance companies. It’s not good for this economy. It never was.

SS: Why do you say it’s not good?

KH: Because what’s happening is the workers that worked full-time are being put deliberately on part-time basis, so that the companies can avoid giving the medical insurance coverage under the provisions of the law.

SS: You know this Obamacare thing.. I’ve heard it many times being compared to Socialism, Communism sometimes even. Do you trace the resemblance?

KH: That’s just because the mainstream media, when they report about what’s going on, are doing it by telling lies and anything that’s good for the powers that be. The mainstream media is completely owned and controlled by the same companies, private companies that own the Federal Reserve System. Most of the American citizens are clueless about the corruption that’s rifling their economy.

SS: But just to make sure are you saying that everything about Obamacare is bad? Or are there good things about it?

KH: No, of course, there are good things about it. But the problem is that the people that wanted to get up decent courage were not given the tools, they were not given the equipment, they were not given the press coverage – the honest press coverage that society needs to enact just legislation. The Congress people are all bribed by these corrupt forces and the American citizens have Zero confidence in their Congress.

SS: So, at this point you side with the Republicans for blocking the medicare.

KH: I’m not siding with Democrats or Republicans because both of those parties have been co-opted by these terrible corrupt forces I’m talking about.

SS: What we have right now is Americans being forced to get health insurance. How does it go with their love of liberties and freedom of choice?

KH: It’s not so much a question of being forced, you have to look at those parts of the society that have been thrown under the bus. The uneducated children who are not given superior education like we used to have.We are society that is giving short shrift to the people that need us. I’m not saying that we ignore the health needs of our country. I’m saying that we ignore the mainstream media because they are not telling us the truth.

SS: You know, I also heard Obama supporters argue that the American Capitalism is on the verge of death in its present form, the way it is existingnow, and the social injections, meaning the medical care and Obamacare, are needed as the only way to reform it or save it. Do you agree or disagree with that?

KH: The problem is not with the American citizens, they are a wonderful group, their values are good. It’s just that they are not given the tools that they need to have a just society. They are not given the basic information, about what is really going on and who is benefiting, from the economies that they are being told… they have been told that they have no money, they have taken an entire city, Detroit, and declared it bankrupt. When what’s actually happening is their tax dollars are not even staying in the society, their tax dollars are going by treaty to the United Kingdom, and then they are being transferred to the Vatican, to the bank of the Vatican. This is not a society that is going to be sustainable on any basis, for any reason.

SS: Do you feel like American economy is peaking up because we hear President Obama saying shutdown hurts American economy but at the very sensitive moment world has just started to catch up. Do you feel it’s catching up really?

KH: Those numbers about the employment are completely fabricated because they are not counting those people who have given up ever finding a job as unemployed. That’s ridiculous! The real rate is just about double what they reported as being.

SS: So the American debt looks like a doomed patient. Is there any other possibility for it than just grow into eternity forever? I mean raising debt ceiling once or twice a year, what’s the problem?

KH: The problem is actually when you talk about debt that our currency is financed by debt, our currency is issued by the Federal Reserve instead of the Treasury which is unconstitutional. When the Federal Reserve System was instituted in 1913 most of the Congress was on break, they sneaked that legislation through. So the debt is there simply for those bankers to put in interest on it and have it grow and compound every year. The debt is a fabrication, it’s probably should be repudiated. But it can be repudiated until you’ll have looked that all ofthe implications.

SS: Do you think it’s going to go on and on forever?

KH: No, what I think it’s going to happen is that at the upcoming Bretton Woods meeting on October 9th the countries of the world, the foreign ministers of the world are going to sit down and have a rational basis for currency rather than this fiat currency which is absolutely… what can I say, it makes no sense to anyone but the bankers that are issuing it.

SS: So, when you look at the conflict of the debt, it’s much more than just borrowing money – it makes you controllable. For example, in the case of US – who controls it, you mean the big corporations, or countries like China and Japan, who control large chunks of the debt?

KH: Well, that’s a very good question and, fortunately, some mathematicians at the Swiss Federal Institute of Technology have given us a very precise answer. They did a study of who owns and controls the companies on the capital markets – 43 000 companies. They found out that there is «a secret super-entity», they call it, that owns 60% of the earnings every year and 40% of the assets. They did this by putting the same people on the boards of these companies. So, they have ten times the economic power than there are entitled to. And they thoughtthat none would catch them at it. This is a huge conglomerate that has been rigging the labour’s prices, it has been rigging all of the commodity’s prices, and it has been trading in the securities markets with insider information. It has got to be stopped. It also bought up the media and has been lying to people deliberately. This is going to stop.

SS: So just to answer my question – the government is controlled by the conglomerates or the corporations rather than countries that are up and coming economically, right? Why haven’t these corporations or conglomerates, as you call it, been caught? Why is nothing changing?

KH: That’s the whole point about it. They’d like to think they are in control but they are not, they are not above the law. And we, citizens, know exactly what they are up to, we’ve been working on this problem, all of the governors of the States have been working on this terrible corruption, so have the Attorneys-General, so have the Sheriffs, and it’s not going to continue. The American people are taking back their government and they are stopping this terrible corruption.

SS: As of today, the United States is a financial heart of the world. Whether it collapses or keeps on going, it’s obviously wrong – this much power is concentrated in one place. Asia is a rising monster right now; could it be stealing this financial role from the US? Do you think China, for example, could steal its financial role from the US? Or are they also controlled by that same financial elite you’re mentioning?

KH: Well, I can tell you that the Jesuits have a very strong strangle hold on China as well but I can also tell you that the transition of economic strengths from the western countries to the east is going to happen, but it’s going to happen in a smooth way. It’s not going to be a transition through a currency war like that terrible corrupt group is trying to manipulate everyone into. We’re going to have a peaceful power transition this time around; we’re not going to have the World War III. They try to pull it off in Syria, they are now thinking they can pull it off in Iran, it’s not happening. The citizens of the world see what they are doing and we’re not letting them get away with it this time.

SS:Foreign governments keep buying US Treasury bonds despite obvious problems US economy is facing. What’s making them do that, in your opinion?

KH: I think the biggest market for the Federal Reserve notes is the US Treasury and there is a God of dollars right now. Yes, there is also a small market, unfortunately, the market is weakening as the dollar weakens because of all of this, what they call quantitative easing, where every month so many additional dollars are printed with absolutely no backing.

SS: Should we be buying gold?

KH: Well, yes and no, I think gold is probably wise purchase right now but more as insurance than investment because there is actually a great deal of gold, there is even more gold than people know about. For example, the amount of gold in the deposit in the Bank of Hawaii is 170 000 tonnes, this is more than the World Gold Council says as available for all the gold on the Earth. People don’t know how much gold there is, there is a lot of gold.

SS: Are you buying gold?

KH: I did actually, yes. But not because it’s an investment but because I’m not 100% certain that we’re going to get to act together before all of the paper fiat currency falls apart. So I see it as an insurance but because of the amount of gold that’s actually around in the world in deposit all over the world, I’m not so sure it’s a great investment.

SS: So you think the return to the gold standard is a realistic thing? It could be a possibility?

KH: Well, actually, that’s not such a good thing. The currency ought to be backed by value, but there is no reason why it should be restricted to precious metals, it could be any of the commodities that are valuable. The important thing is that, yes, the currency should be backed by assets rather than by debt as we now have.

SS: But if a financial collapse happens , let’s say, will gold be of any use? I mean, there is shortage of food, look at the world today, the biggest problem we’re facing is a clean drinking water. What gold is going to do about that?

KH: First of all, I think that we’re going to manage together, act together, I’m not expecting a collapse. Very accurate game-theory model is showing that we’re going to manage to make a transition in a very smooth way, maybe there’ll be a few fits at start. I think most of the countries in the world are in favour of working together and not to have a collapse. The only thing that you’re saying is that some of these crooks haven’t figured out, they haven’t seen the writing on the wall, they haven’t seen that we understand that there is a way to work together and avoid these problems, which are definitely avoidable.

SS: So, Karen, you were a senior counsel at the World Bank. Tell me something, honest banking is this an oxymoron?

KH: No, we have examples all over the place in the United States, the state of North Dakota has its own state bank and many of the other states are looking at that – at the moment 22 other states are looking at it, and we’re urging the other 28 states to look at it. There was a bank in Amsterdam but I think went on for 300 years with no problem. We know how to do banking, it should be like infrastructure to support the economy, it shouldn’t be for the benefit of elites that think they are above the law as we currently have. If you look at the Bank for International Settlements (BIS), that institution was established when the war reparations were being exacted from Germany after the World War I. That when it was started in 1930 and I believe its 60 central banks, that are members of the BIS, those are the corporates, those are the ones that really needs to go out of business.

SS: You first blew the whistle over corruption in the World Bank. Tell us more about your revelations?

KH: Well, that’s actually what happened. I was working in the Philippines and there was a bank. This was at the end of the East Asia financial crisis in the end of the 1990s. The second largest bank in the Philippines, the Philippine National Bank, there was a loan to strenghten the banking sector and what happened was a man who own Philippine airlines, Lucio Tan, ended up buying more than 10% of the shares of the Philippine National Bank without informing the security authorities in the Philippines, that was against the law. And then I told the person who was in charge of the World Bank Lending Programme they should tell the government of the Philippines that the conditions of the loan were not going to be met. And instead I was reassigned and I didn’t accept that, so I went to the meeting where it was decided whether or not to disperse the loan and I said that the board was not being informed that the conditions were not met. And then what happened was the loan wasn’t dispersed but the people who had their money on deposit in that bank withdrew their money and the Philippine Deposit Insurance Corp. had to withdraw, had to back up the bank, for five hundred million dollars, and then we didn’t disperse our loan for two hundred million and the Japanese didn’t disperse their loan for two hundred million. So, that was nine hundred million dollars worth of a pure loan performance and when the evaluation department in the world bank said that the World Bank had performed satisfactorily, I corrected that report and my correction was never given to the board. That was a cover-up. You can’t have a cover-up in a bank – that shows that money is going the wrong way. I’ve been working together with other whistleblowers at the World Bank because we know that the board has to be informed about what’s actually going on. Other whistleblowers have reported double accounting, we reported this to the UK Parliament, I reported it to the European Parliament in 2011 and the European Parliament wrote the letter to the World Bank. I had a very detailed chronology, and the World Bank never responded. Then I’ve been reporting this to the US Congress and when the US Congress was asked to give a capital increase to the World Bank, they had asked for a government accountability office audit which never took place. I was reporting this to the International Organisation of Supreme Audit institutions and then I asked the board to require KPMG to do an auditof the World Bank Internal Controls. KPMG did not follow the auditing standards, I reported this to the public company accounting oversight board, I reported this to the ICC. But since the ICC couldn’t be bothered to sort out the insider trading for the Federal Reserve System, they certainly weren’t going to straighten out the bonds in the World Bank. So I borrowed world bank bond and I sued under the securities laws, and I also went to each and every Attorney-General in the States, and I told the States that they were responsible for making sure that there was accurate financial information going to the bond holders in their States, and I also went to the International Organisation of the Securities Commissioners. So, the World Bank has got to be brought into compliance and there has to be transparency in the capital markets, and the insider training of the Federal Reserve System is going to be history in short order.

SS: Do you feel safe after all these leaks, I mean you were fired?

KH: You know I have been working with some very wonderful whistleblowers; in particular, I’d like to mention Mark Novitsky who has been reporting about insider trading and inaccurate financial reporting for Teletech, which is a company that had been spying on American citizens. So, when whistleblowers work together, and compare notes and share information you get a very accurate picture. In addition, I’d like to mention Larry Harrison, who has been my PR guy. So when you have people who you’re working with it’s not so easy to shut the whistleblowers down, we just gain in strength. We ‘re going from strength to strength.

SS: Do you feel like you are being heard? Is anything changing?

KH: Well, that’s what I like to ask your audience.

SS: Do you feel like anything changing in the system by whistleblowing on it?

KH: Yes, I absolutely do. I think the number of people they are hearing my message and that are looking into this information, and everyday they are sending me e-mails. They are going out and they are getting their neighbours to find out what’s really going on. I don’t think this mainstream media is going to have too big of an audience at the rate we’re going.

SS: There are liberty movements that are actually picking up now, the likes of Bitcoin, for example. Can they ever grow into a solid rival to the conventional system?

KH: I think they’re going to be a force to be reckoned with, yes. It’s a matter of fact. There are other similar kinds of payment systems that are now gaining currency. Yes, I think we’re going to have a world where there’s a lot of choice and the legal tender is not going to be used to put people into debt and to imprison them.

SS: Are you using a Bitcoin as of now?

KH: That’s a good question. I’m trying to learn how. There is a conference that is taking place and I’m going to try to get myself sorted out on that.

SS: Karen, thank you very much for your time. That’s all for today. Our guest was a former insider at the World Bank, ex-senior counsel Karen Hudes. Thanks for watching and we will see next time here in SophieCo.

source »

We have just released the Second Edition of Towards Healthcare Emancipation eBook. The proceeds from this book will be used to fund our next project, Towards Energy Emancipation.

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A Jesuit-Free World is A Free World

We have raised the alarm early on about the possible Jesuit infiltration in the global freedom movement. Only a few have noticed. We wholeheartedly understand why. We’re just a small fry in the muddy pond.

We have written several articles on how Jesuit infiltration could happen:

–          Hijacking a Revolution – April 1,  2012

–          Hijacking a Revolution 2.0  – January 25, 2013

–          Hijacking a Revolution 3.0 – February 14, 2013

–          Hijacking the Greatest Revolt Ever – August 23, 2013

Recently, The Keenan Group have raised concern over the recent pronouncement of Ben Fulford that “P2 Freemasons want Pope Francis to be new M1, the controller of money.” Although this is not a categorical statement of agreement to the Jesuit agenda, still the telegraphing of that statement left a bad taste from a person who claimed to abhor Cabalistic behavior.

We fully endorse the statement made by Michael Henry Dunn about Ben Fulford. And we fully appreciate the immediate reconciliatory remarks by Keenan himself, although he doesn’t even need to.

Another statement made by Keenan in the recent past that resonated so well with us was when he said that the BRICS alternative bank is just the same as the Old Bank it tries to compete with.

Fulford, on the other hand, took an offensive move that served and sounded his fellow Jesuit Coadjutors, Alex and Jesse, that, “gold is just a yellow metal that you cannot eat [a useless stone that should better be handed to us].”

We’re not falling for that scheme again.

You cannot eat gold, but it is enhancing the speed at which all computer networks and stand-alone PCs processes their data. There are many aspects of the industry where this yellow metal has been serving well.

And maybe it’s time now to throw in some nuggets we have found along the way:

–          John Bedini, in one of his free energy experiments, discovered accidentally that when copper wire is heated to 5000 C, it turns to a yellow metal. Verify if you must;

–          Gold has also been found to be useful in the age old human pursuit for physical immortality.

Maybe these are the very reasons why free energy is violently suppressed and gold is actively regulated.

Why are we advocating for the recovery of the Asian Gold Bullion?

To finance the implementation of all suppressed technologies, for its responsible use and further development. A transition mechanism should be provided before we can effectively move into a resource based economic system. In fact, once the free energy system is put in place worldwide, RBE will be its natural consequence.

We don’t believe that anybody could just force the concept of the Venus Project down to everyone’s throat at this point in time. We need a transition mechanism which will provide the necessary education and psychological adjustment.

Notwithstanding, that It’s a lot better to put the safekeeping of this yellow metal back into the hands of its peaceful rightful owners rather than in the lap of the warmongers who sought to decimate every breathing soul on this planet.

Where do we go from here?

We will be, as we always have been, a filter in the alternative media, sifting through and try separating the wheat from the chaff in the alternative information that have been fed both by the true advocates for Truth and Lies.

The benefit of the doubt, or is it trust, that we’ve extended to the freedom movement players has limits, and we for the sake of fairness have extended these limits several times, but for Fulford, it’s been too much.

His repeated appearance at the Veterans Today, a sophisticated Jesuit psyops outfit unmasked by Pete Santilli, suggests he’s been sold out to the Dark Side for good.

When was the last time have you heard Ben Fulford utter the “J” word?

We don’t remember either.

Recently, we have posted three articles about how the Jesuits exploited Asia and my country:

As it is very clear by now, Fulford and the P2 Lodge, he’s been trying to strike a “win-win solution” with, are two of the most useless accidents that ever occurred on this planet.

But that’s just us.

So, if you still love his weekly antics, it would serve him well if you go directly to his blog and subscribe.

We have just released the Second Edition of Towards Healthcare Emancipation eBook. The proceeds from this book will be used to fund our next project, Towards Energy Emancipation.

The aim is to make the subject of free energy more understandable for the layman so that anybody could replicate and install his own power plant and be completely living off-grid.

If you haven’t done so, please like our FB page to encourage others to learn more about our work.

Thank you very much for your valuable support.

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