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.