Karen Hudes worked for the World Bank for 21yrs and was a lawyer and senior council towards he end of her career when she was fired in 2007 for being a whistle blower. This recent interview with Karen is extremely important when considering your own financial future.The World Bank monitors all currencies and loans money to countries all over the planet.

http://www.youtube.com/watch?v=RJwJENSGnhE Karen reveals that the really big banks have directors on multiple boards and the top 10 banks like Goldman Sachs, Citi Bank and Bank of America act as a single conglomerate as evidenced by the LIBOR Scandal where interest rates were rigged and gold prices manipulated.Karen says the World Bank is covering up so much corruption because powers in the USA determine who the World Bank Governor will be.

Karen thinks also that the world gold reserves estimated to be 170,000 tonnes is more likely to be 3 times this amount. Karen views gold more as insurance than an investment to make a lot of money.

China is now offering its currency as a replacement to the US $ and we are seeing the value of the US $ begin to fall. Karen Hudes is optimistic and currently is working with State Governors and US Sheriffs in the hope that they can save the US $.

OUR RBA holds $20 billion of US Bonds and we will also suffer if the US $ collapses.

the world bank=thieves

the only./.thing..what works=govt printing..its own..money
not borrowed..at interest from..CORRUPT..bankers[who stole the money system..plus the gold/silver from...our coin..and teeth..

continues at..end

who..via USURY..scape the cream..
into;;their own tax free trust funds..that own..any thing of value[via paper proof..now cyber proof..only..

true govt money is based onthe value..of our estates
[based on the assets worth..[increase..of capital; base..creates its own funds..thus free govt medical..free services etc

govt is CREATED...reason of being..is about service
but now its about revenue raising..from..its poor..and stealing us blind..by selling off our services..for capitalist profit

lately..going in to..take the gold reserves from..building 7..@[911]..cyclone sandy..[more gold lost]../sadman-insane gold got took..then..gadfiffy's gold..etc etc..[loot and plunder has to..stop]

we need govt..to create the money..to..build the asset
to..repair the asset..to hold control..over the value..of its own legal tender..and the business..of lending..interest free

[only coin..is lawful-tender..but by deflating the worth of notes..they stole everything else

govt dont need to borrow nuthin
nor even raise any tax/user pays
http://www.google.com.au/search?q=cec+money+creation+nat+bank
it need merely issue a bond..and govt bond is as good ass gold
[because it holds SUPPOSEDLY..[but by acts of treason..all.our service assets safe from capitalist gain/price rise pain.

The real problem will come when the banks start to use the powers some Governments have given them and use depositors money -"Bail In".

How incensed will people be when for example only the ANZ bank takes a percentage of your deposits to keep themselves going, remembering the bosses are on millions of dollars per year salaries. Like Cyprus.

Also the fact is as soon as you put your money in the bank it IS NOT YOURS anymore, you have agreed to lend it to the bank for some peanuts as interest, they can do anything they like with the money. There only obligation is to give it back to you when you want it BUT if they loose it that is your problem you can't you to the police and say they stole it.

In America the Attorney General has said some of the big banks are Quote "Too big to prosecute" that is a license to do anything.

That is certainly worth bearing in mind, Philip S.

>>Also the fact is as soon as you put your money in the bank it IS NOT YOURS anymore<<

This has been the reality of banking ever since its modern structure appeared back in the eighteenth century.

For some obscure reason we have in recent times built up this myth in our own minds that banks are somehow benevolent institutions, who care for your money out of the goodness of their hearts. When even the most cursory glance at history will show that banks have been failing - and depositors losing their money - ever since the first one opened its doors.

If you don't want to lend your money to the banks, then don't do it. You are not obliged to do so. There is no law that compels you to give your money to them, nor any law that says you need to borrow from them.

You have free will - exercise it.

If you feel that gold is a better bet than currency, then use that. You are not under any obligation to use Australian dollars to buy your groceries. You may even print your own money, if you feel like it, and bypass the whole system by setting up your own exchange facility.

Sheesh, people. Wake up and live in the real world. Take some responsibility for your lives - no-one else is obliged to take care of you in every little detail.

We have a banking system. Yes, it has its flaws. Yes, it could collapse tomorrow. Use it, or don't. Your choice.

Under the agreement between the IMF and the G20 governments the Bail-In
can be used to pay off borrowing from other banks and payoff bond holders.
Wayne Swan as Australian Treasurer signed us up to this arrangement at
the G20 meeting early this year.

If it hits the fan and the bank goes broke the depositors get shares in
the bank that has gone broke.
I think that was why Wayne Swan was so ready to grin.

The rest of us just could not see the joke !

naked we came into the world and naked we go out. Blessed be the name of the Lord.

http://www.google.com.au/search?q=constitutionlegal+tender+au

Generally, powers in section 51 of the Constitution of Australia

*..nor..make anything but gold or silver coin.a legal tender in the payment of debts”.
http://en.wikipedia.org/wiki/Section_51_(xii)_of_the_Constitution_of_Australia

RBA Banknotes: Legal Tender -
Reserve Bank of Australia Banknotes
banknotes.rba.gov.au/legal tender.html

Australian banknotes are a legal tender throughout Australia
(this is provided in section 36(1) of the Reserve Bank Act 1959).

A payment of coins is a legal a lawful tender

THE ONLY LAWFUL TENDER
so..why cant we pay debt..in/coin

cause..under the note system..[a bank*bill..REALLY..IS A BILL
at best its a debt receipt..[and paper debt is fictional debt
lawful tender cannot be used to..commit crime..yet

*they..DEBASED THE CROWNS COIN
seek to end..the coin-age
[rage]..

her hrh..face on the back..
WAS.assurance of weight/quality..of the coin
[in pounds shilling penny WEIGHTS..even..a dollar..is a specific weight quality....

all coin was by WEIGHTS..a pound was a promise to pay in..coin..
[pay bearer..one pound sterling silver*

thing is..

its all..inverted..fiat=/means=by decree
its only value..when..govt says it is
but in reality..its only an..iou

[a check]..payable..in..other paper only..

unless some mug gives you goods..for it..cause they are lawful...imbeciles..[legal term for ignorance's][wards of the state]..

how it happened..was bankers BOUGHT UP GOVT WAR BONDS
then DEMANDED ..instant payment..IN GOLD SILVER COIN..no silver
WE/they defaulted[was legally BANKRUPT*ed..by colluded bwankers

we were bankrupted..and then the thieves really began looting ALL THE GOLD..all the silver..all the copper[now they want our copper cables from our phone system

thee gold WASNT SOLD
it was LEASED..it needs to..be returned..but they sold it

thats like you..leasing someones car..or house..then SELLING-IT*..[plus keeping the proceeds of crime]..plus..so..much extra unspeakable treason's

we need to repeat..what that ling did..AUDIT EVERYTHING..to see who claims what][no lawful title exists..for things stolen..from us all

simply having it..is proof of crime
see how nuts the treasonous lawyers have made things

recall..that 1/3..rds..the bank of england..
was bought..by a tax stick..[fraud..thus guy faulks set the tally sticks afire..[nearly burned down..parliament house..JUST..to hide that FRAUD..PROCEEDS OF CRIME*!*

Pericles, you say, "We have a banking system. Yes, it has its flaws. Yes, it could collapse tomorrow. Use it, or don't. Your choice.", but is it really.

Today almost everyones pay or other income is deposited into a bank, or for a few, a similar institution. They do appear to have a growing ability to grab a chunk of it each time it is cycled through their hands.

Bazz I can't see how they are going to get away with bail in. The Citizens Electoral Council have written letters to all our pollies and leading Public servants about bail in. They can't say they didn't know.

Our banks are not safe with $21.5 trillion in the derivative gambling market and $3.5 trillion in mortgage assets and most of these assets are over valued. They cannot be bailed out.

Current world gold reserves of 170,000 tonnes is worth about $8 trillion. If there is three times this or $24 trillion this is still only a third if the World's GDP. Max Kesier said that for every oz of gold there are 80 pieces of paper laying claim to its existence. They have been selling off gold derivatives to force the price down. How does the price go down when Central Banks and Countries are buying gold aggressively?

The average US household income was $1500pa with gold being $35 per oz. Ratio of income to gold, 43:1.Today average US income $50,000 pa and price of gold $1300 per oz. Ratio income to gold 38:1 and 1% of the US pop have 40% of the wealth and earn 35% of the income.

Yep where do you put your money ?

Hmmmmm, that might make it really difficult, Hasbeen.

>>Today almost everyones pay or other income is deposited into a bank, or for a few, a similar institution<<

Fortunately, there is this thing called withdrawal, where you can actually go to your bank and take out the money that someone else has put there. You can then hide it under your pillow, or exchange it for a lump of mineral, or whatever, your choice.

Sure, the banks take a bit out on the way through, but not much. You can solve that too by getting everyone to pay you in cash. I know, it is a pain. But these are the sacrifices you have to make if you feel the system is corrupt, and you want to insulate yourself from its corruption.

No-one said life is easy.

Stop making excuses for criminals Pericles. HSBC has been found to be involved with the drug trade but or Govts once again find the big boy criminals too big to fail or jail.

Arjay, I did see it suggested that a bill that went through parliament,
while it did not have the words bail-in did authorise that action.
I saw the wording and it did permit action on depositors' funds.

The horse may well have already bolted.

Yep Pericles, I've already done that, but what a hassle acquiring a bit of metal is, compared to the folding stuff. The garden doesn't pay much interest either, but then again, neither does the bank.

A funny story, I think you will enjoy.

When PNG changed from our dollar to the Kina, they wanted to change the Oz stuff to Kina. Someone calculated they would need 3 million kina to replace at equal value, all the money on New Britain. They took one of the government medical service small ships, [a 100 ft. ex WW11 seine trawler], loaded it with 3,000,000 kina in Rabaul, & sent it off to circumnavigate the island changing money.

Calling at all the villages they would sail about a thousand miles.

They had covered just 56 miles when they ran out of money.

The "onetalk" system means everyone must share what ever they have with any one from the same language group, [sort of tribe], who needs it. This had lead to all family heads burying their money to keep it private. The estimate was out by almost $100,000,000 as it turned out.

Those Fussy Wussy had proved to be very careful with their money. I wonder how many Ozzies will prove to have been so smart, when the crunch comes.

Bazz that may have been the haircuts on accounts $250,000 +.Have you any links to these bills ?

I see Jp Morgan Chase have put controls on cash transaction especially money leaving the USA.The word from the Pentagon is to expect big changes in the USA on Nov 7.Obama is pushing for Martial Law. Most of the $16 trillion Govt debt is contrived out of the nothing by the US Fed Even with zero interest it cannot be repaid.

Yesterday's episode of BBC 4s Analysis programme on Quantitative Easing will yield you heaps of quotes, Arjay.

Downloadable here:

http://www.bbc.co.uk/podcasts/series/analysis

By the end of it we even get a new economic term - Financial Repression, which benefits the government at the expense of the economy.

Interesting times.

Bazz, "bail-in" is simply the opposite of "bail-out".

If you believe that government should take full responsibility for all your financial transactions, then bail-out is the way to go. If you recognize that there is a level of risk in committing your money to the bank's care, then expect to be involved if they go under.

There is no middle ground. Either you expect the government (i.e. the taxpayer) to rescue every bank that gets itself into trouble, or you don't. Which do you prefer?

And what a complete load of baloney, Arjay. Way up there with your best efforts at obfuscation and misdirection:

>>I see Jp Morgan Chase have put controls on cash transaction especially money leaving the USA.<<

They have done no such thing. All they have done is to reclassify one of their banking products - used by small businesses - as not qualifying for free services. If you want to handle more than $50k per month in cash, or qualify for overseas transfers, simply upgrade to another type of account.

http://www.forbes.com/sites/halahtouryalai/2013/10/17/no-jpm-isnt-banning-international-wire-transfers-no-limits-on-withdrawals-either/

>>The word from the Pentagon is to expect big changes in the USA on Nov 7. Obama is pushing for Martial Law<<

To do what? Put the military in charge of the banks?

>>Most of the $16 trillion Govt debt is contrived out of the nothing by the US Fed Even with zero interest it cannot be repaid<<

No, government debt is funded by treasury bonds and other instruments. They are real. Not "contrived out of nothing".

Here are a couple of links for you to educate yourself, just a little:

http://www.treasurydirect.gov/govt/resources/faq/faq_publicdebt.htm

http://useconomy.about.com/od/monetarypolicy/f/Who-Owns-US-National-Debt.htm

I know you will ignore them, but I just can't help myself.

I sometimes wonder whether you are in touch with the real world at all, or whether you live your life entirely through conspiracy sites...

Pericles said;
Bazz, "bail-in" is simply the opposite of "bail-out".

I realise that but millions do not.
When I have mentioned it so others they are horrified.

I can see both sides of the argument.
It is just that depositors are rated just above shareholders.
Bond holders, other banks, trade creditors etc get first dip.

I think that there should have been a publicity campaign so that
people could make a choice on where to put their money having
possession of the full facts. It certainly makes property look to be
a better investment.
Gold bars are a worry in more ways than one.
If everyone buried gold bars in their backyard the sales of metal
detectors would be a bubble.

No, it is the dead quite nature of it that annoys me.

Pericles in my view backs the oppressors on this planet, therefore I don't respect him.

Karen Hudes and many other backers of freedom have views similar to mine and not the Zionist view of their breed and money power via counterfeiting should reign supreme.

the working poor
http://www.youtube.com/watch?v=0BszHshieSc

cant..pay..ya debt..we take body parts
http://www.youtube.com/watch?v=RxPqYhSrXcE

lets talk of the 13 billionfines upon chase
http://www.youtube.com/watch?v=eHAuJdsU0m4

states/..in functional-bankruptcy
http://www.youtube.com/watch?v=LxH8q4iCRJ0
[thats how they stole the fed..step one send it bankrupt..next
plunder the assets/pensions already..gone..[last time it..was only..the fed..this time it will be your srevice providers..wanting to steal..ever more cash

imf
http://www.youtube.com/watch?v=rj6YJQJ-8yA
more green taxes
http://www.youtube.com/watch?v=iBclsFKM_Tg
more imf
http://www.youtube.com/watch?v=MinZ5ws03NY
green energy tax burden[eu]
http://www.youtube.com/watch?v=62pON1NmBuA
power=money
http://www.youtube.com/watch?v=Tl_kBtl7pCA
tax sunshine*
http://www.youtube.com/watch?v=8Yt5wBTMl8I
crack-down..on..frakking
http://www.youtube.com/watch?v=VGe2NzaF9Hc
the great resesion..was a buying..opportunity[when we held actual shares..but now we only bet if they goup or down..we only got options of a share of a share[maybe][the house opf settlements..had to morgauge them...to allow 'instant'..share trading..but they dont hold your share..only..a promise to THE..MORTGAUGED share
http://www.youtube.com/watch?v=Xzoszwd0qFM

crosstalk,,wealth
http://www.youtube.com/watch?v=S0z6qVo8CGk
govt stimulus=corporate proffit
http://www.youtube.com/watch?v=YkBB0zp7kcg

bric* does deals
http://www.youtube.com/watch?v=IBBCa7P4d1o
post bubble
http://www.youtube.com/watch?v=sbqvvNiIfVs
production..what product?
http://www.youtube.com/watch?v=ekfkCXoWe60

Nothing new then, Arjay.

>>Pericles in my view backs the oppressors on this planet, therefore I don't respect him.<<

Sadly, you don't respect the facts either.

Arjay wrote:

"Pericles in my view backs the oppressors on this planet, therefore I don't respect him.

Karen Hudes and many other backers of freedom have views similar to mine and not the Zionist view of their breed and money power via counterfeiting should reign supreme."

So if Arjay disagrees with your views, you are backing the oppressors of this planet. If Arjay agrees with your views, you are a hero.

There you have it, simple really.

i think maNY ARE MISSING JOE HOCKEY..IN HIS BRIEFS
he wants the debt limit..HE RESISTED..increasing in opposition
increased..100billion..more than needed

so we can//even further throw non egsisting
BORROWED-cash..for bailout..the worlds beurocrate/masters the autoc-rats..elite..running this demon-auto-reratic demon-autocracy

the money printers..the ursurous bankers..ratings agencies
and the to big to..fail...too big to bail..so borrow till they[we go bust..yet again

i want these colluding criminals..
them and their ENABLERS*..ALL..in jail

the double speak alone..is amusing..
but indicative of how all govts are broke..
all selling off the..family silver..so..those getting their CASH..can by our assets..while sending us broke via the next bailout

next it will be more wage..[to them..not us]..for selling us out

500..billion...pieces of silver..equivelent
promises..[half a trillion..pieces of eight..for bailing out the next ,too big to fail..mate

put em behind bars
them and their mates
seize back their proceeds of criminal..malfeasance..stop their benefits.lurks/perks.. stop..their pension..stop their tax free/family trust nest feathering..

lock em up..before they put even more..of their victims..revealing their scams..in jail

OUG we have a $1.5 trillion economy in which the money supply grows at 3% inflation + 3% growth. So the money supply grows at $90 billion pa created as debt by private banks. So unless we sell off our resources/energy for a song to get that 6% money supply,the more growth + inflation we have, the more debt we incur.

New money should not be created by the private banking system unless they are mutual societies with no shareholders.36-40% of our banks are own by the likes of HSBC, Citibank and JP Morgan. Almost half goes back OS.

Hockey knows that if they don't increase the debt, our economy will die.

arjay..every second we keep feeding the beast..of deciete
the more of our world..is turned back into dust..and our former assets..interred into private tax avoiding trusts

the longer they hold our wealth
the more they feel..its their right to despoil...it
dismantle it..or sell it for scrap..while stealing the living blind

[as well as allowing..our assets to fail..
as what..the use for capital..to keep it working..[if govt..taxes..on the people..will buy it back..and rebuild..it..so they can steal it all over again

think of it like this..if i spend
30 billion..on building an asset..we got a whole lot of people getting wages..etc

[but some fool buys this asset
[even for half price..all we got is..more debt..
needing more ursurous odious repaying..of debt..without the sharing of wages..capital..for new industry

this new cash..isnt building anything..
too..big to bail=too big..to private sale

only looting and plunder seeking to keep
their ill begotten bail-out..and bail-ins...nice govt tax payer debt..into cash

anyhow..i dont trust materialists..and..their greed..creating need..not one watchdog..even auditing the money trail..let alone any treasoner..in jail

UOG, notice that Russia denied our criminal oligarchs Syrian and Iranian enslavement and now have decided through 'bail in' to steal what they cannot achieve via war.