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Conspiracy No Theory - World Bank Insider

May 27, 2013

Hudes.jpgKaren Hudes, left, a 20-year veteran at the World Bank confirms the central banking families own and control the world. She also confirms the bankers are prepared to use martial law to defend their fraudulent monopoly on credit. (The war on terror is of course a pretext.)

by Alex Newman
World Bank Insider Blows Whistle on Fed  (The New American)
(edited/abridged by

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 with The New American, Hudes said that when she tried to blow the whistle on multiple problems at the World Bank, she was fired. 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."


Hudes, an attorney who spent some two decades working in the World Bank's legal department, has observed the machinations of the network up close. "I realized we were now dealing with something known as state capture, which is where the institutions of government are co-opted by the group that's corrupt," she told The New American in a phone interview. "The pillars of the U.S. government -- some of them -- are dysfunctional because of state capture; this is a big story, this is a big cover up."

At the heart of the network, Hudes said, are 147 financial institutions and central banks -- especially the Federal Reserve, which was created by Congress but is owned by essentially a cartel of private banks. "This is a story about how the international financial system was secretly gamed, mostly by central banks -- they're the ones we are talking about," she explained. "The central bankers have been gaming the system. I would say that this is a power grab."

The Fed in particular is at the very center of the network and the coverup, Hudes continued, citing a policy and oversight body that includes top government and Fed officials. Central bankers have also been manipulating gold prices, she added, echoing widespread concerns that The New American has documented extensively. Indeed, even the inaccurate World Bank financial statements that Hudes has been trying to expose are linked to the U.S. central bank, she said.

The shadowy but immensely powerful Bank for International Settlements serves as "the club of these private central bankers," Hudes continued. "Now, are people going to want interest on their country's debts to continue to be paid to that group when they find out the secret tricks that that group has been doing? Don't forget how they've enriched themselves extraordinarily and how they've taken taxpayer money for the bailout."


As far as intervening in the gold price, Hudes said it was an effort by the powerful network and its central banks to "hold onto its paper currency" -- a suspicion shared by many analysts and even senior government officials. The World Bank whistleblower also said that contrary to official claims, she did not believe there was any gold being held in Fort Knox. Even congressmen and foreign governments have tried to find out if the precious metals were still there, but they met with little success. Hudes, however, believes the scam will eventually come undone.

"This is like crooks trying to figure out where they can go hide. It's a mafia," she said. "These culprits that have grabbed all this economic power have succeeded in infiltrating both sides of the issue, so you will find people who are supposedly trying to fight corruption who are just there to spread disinformation and as a placeholder to trip up anybody who manages to get their act together.... Those thugs think that if they can keep the world ignorant, they can bleed it longer."


While the media are dominated by the "power grabber" network, Hudes has been working with foreign governments, reporters, U.S. officials, state governments, and a broad coalition of fellow whistleblowers to blow the entire scam wide open. There has been quite a bit of interest, too, particularly among foreign governments and state officials in the United States. ..

"We're going to have a cleaned-up financial system, that's where it is going, but in the meantime, people who didn't know how the system was gamed are going to find out," she said. "We're going to have a different kind of international financial system.... It'll be a new kind of world where people know what's going on -- no more backroom deals; that's not going to keep happening. We're going to have a different kind of media if people don't want to be dominated and controlled, which I don't think they do."

While Hudes sounded upbeat, she recognizes that the world is facing serious danger right now -- there are even plans in place to impose martial law in the United States, she said. The next steps will be critical for humanity. As such, Hudes argues, it is crucial that the people of the world find out about the lawlessness, corruption, and thievery that are going on at the highest levels -- and put a stop to it once and for all. The consequences of inaction would be disastrous.      

Alex Newman, a foreign correspondent for The New American, is currently based in Europe. He can be reached at

Thanks to Chad

Scruples - the game of moral dillemas

Comments for "Conspiracy No Theory - World Bank Insider"

Jeff said (May 29, 2013):

While Hudes sounded upbeat, she recognizes that the world is facing serious danger right now -- there are even plans in place to impose martial law in the United States, she said. The next steps will be critical for humanity. As such, Hudes argues, it is crucial that the people of the world find out about the lawlessness, corruption, and thievery that are going on at the highest levels -- and put a stop to it once and for all. The consequences of inaction would be disastrous. -

Elaine said (May 29, 2013):

Humm, this makes me wonder if she hasn't swallowed their designs for a new currency and global scheme which they are behind by using
the "language people want to hear." These people are dangerous.

What makes this plan any different from what they are already doing?

I just can't believe it would be this simple to get these people to crumble. Maybe she's being used by them (knowingly or unknowingly) to be the
catalyst for making people believe they are vulnerable and on the verge of being taken down - with these global maniacs anything is possible.

Mike said (May 28, 2013):

I agree with all the other posts, but something that seems to be generally overlooked is the collective populations complicity in its own undoing. The conspirators seem to corespond to the general level of attitudes. People refuse to think outside of the politically correct herd-box. They re-elect representatives who have helped strip them of rights. They refuse truth that would compromise their belief system, which would challange their identities.

The bankers have had an easy time of extending their controle simply through what amounts to financial bribery and intimidation. And each level in the heirarchy succumbs to the same thing. There is no wall of principles to stop it, owing to the general attitudes concerned with survival and competition.

The social engineering succeeds because rationalized self interest and a disreguard for critical thinking replaces any moral compass. This suggests that the problem involves fear and greed as a general attitude, which the conspirators can manipulate, and which they have themselves.

No one is going to blow the lid off the conspiracy, because it has never really been hidden. It is unfortunate that we, and the bankers, are not a bit more advanced. It looks like alot of disaster is necessary for a general human learning experience.

Krister said (May 28, 2013):

It seems that that people all over the world is losing control of 'their' politicians (if they ever have been under control). Therefore no solution is to be found in giving 'our' politicians the control of money. As I see it we have to think out of the box, and apply money to the same economic system that have given welfare and freedom to billions of people on Earth. The only vital solution as I see it, would be to, not taking the banking permissions (and central banks) from the banksters, but by letting anyone that wants emit his or her own money, and by that establishing thousands of small very free capitalistic money-systems and banks, that then will function as any other business in the capitalistic market - killing off the fat cows, ie. the central-banksters and others frauders in the money/banking market.

Lukas said (May 28, 2013):

Altough she has some valid points (like that there is probably no physical gold left at fort knox, or small group of people running world), the article doesn't seem to credible to me.

First of all, people don't run the world - Satan does. And he does that only to the extend which God allows him.

The group of people(Illuminati etc) is a bunch of 'useful' slaves who serve satan (they utlimately won't receive anything he promises them, but will be subject to God's judgement as all of us)

Secondly, reforming the money system and/or removing the interest part of it won't serve any problems as it doesn't deal with humanity's fallen nature. We see that evil from the very early stages of our earth (Kain/Abel).

Third, there is little of evidence that the near future will bring any meaningful restoration, humanity is deep entangled into the satanic cult (while satan and his demons are very real), and ultimately the bankers(satan) will have it their way;
"so that they could not buy or sell unless they had the mark, which is the name of the beast or the number of its name."
is the next financial system(mark of the beast) something which will arise of the chaos and the fall of the current? I believe we have a lot of evidence that indeed it will be so.

As we know a real change will come with Christ's second coming who will bind the devil and rule of the entire world for 1000 years.

Jesper said (May 27, 2013):

That´s not a lot information for an “insider”. I don´t see anything but vague generalities in the article.

Another point: the media are often presented as being “controlled” or “corrupted” or “coerced” by external agents (banks, the weapons industry, the CIA, or whatever). People get the false idea that if only the powerful would leave the media alone, we would actually have a reliable source of information. This is not so. The international Press is really the crown juvel in the global power scheme outlined in the Protocols. For more than a century, the Press has created (and with much zeal upholds) an artificial global consensus of history, science and anthropology by fabricating myth upon myth. No entity or turn of events (with the possible exception of the internet) is capable of realistically reducing the ever-increasing and hypnotic influence of the Press/media/TV.

Paul Adams said (May 27, 2013):

You got to be kidding me ...
I just listened to only 5 minutes of "KarenHudes"
She is either a complete idiot or a shill of the NWO.
She is telling everyone to save the system you just have to use gold!!
Just buy gold from paypal and boom all debt fixed! SHE IS NUTS HENRY!
You and I both know what would happen if the sheep began to buy gold..It would set of a thermonuclear economic bomb.
Joe public could never get a good deal...
She also is Pro George Soros..she was asked in this interview!
Minute 50



She is naive in many ways. How did she last for 20 years at the World Bank?. At the same time, she is someone with cred who is confirming what we say. She can be wrong about gold and right otherwise.


Rajesh said (May 27, 2013):

Today everyone who has even a little critical thinking left in him, knows about the capture of the state by the banking cartel.

The banking cartel makes money by 1) Usury, compound interest. 2) Fractional reserve banking. 3) private control of central banking. 4) private control of public media.

Complete abolition of central banking will do absolutely nothing to the cartels tyrannical control of mankind. The focus on stopping central banking is nothing but a Hegelian dialectic in play, offering and promoting false solutions to prevent real meaningful change.

Real solution to this enslavement is 1) rightfully restoring public state control of central banking. 2) public banking 3) restrictions and control on interest 4) Abolition of private fractional reserve banking.

5) Interest charged by public banks should have restrictions and should never exceed the principal amount. 6) restore independent public media.

Any other solution is a scam.

The question is how will this change be implemented peacefully. I think M.K.Gandhi has shown the true path.

The talk for complete removal of central banking is nothing but a pressure release valve to divert attention from real change.

Also important to understand that a gold standard is another false solution, it will cause a terrible deflation and actually consolidate the cartels money power.

Andrew said (May 27, 2013):

What Karen Hudes and Alex Newman say matches closely the 1966 revelations of Carroll Quigley's Tragedy & Hope (p. 324):

"The 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. Each central bank sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."

Control over media and TV have allowed the Bankers to keep the lid on this flimflam for almost 50 years. Also most people have been trained to dismiss all CONSPIRACY THEORIES. Worked well so far. Hudes is therefore confirming that the Bankers have "create[d] a world system of financial control in private hands[.]"

Henry Makow received his Ph.D. in English Literature from the University of Toronto in 1982. He welcomes your comments at