World Bank Insider Blows Whistle on Corruption, Federal Reserve

The New American ^ | 22 May 2013 | Alex Newman

[unixfox]

Freepers have known this all along.

[upchuck]

Nuthin’ new here.

May the whistleblowers blow long and hard and receive the attention they deserve.

A few people are being rewarded with bucks and power while, literally, the rest of the world hurts. Sucks.

[Paladin2]

"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"

So, it's really the Federal Reserve that is buying up all of the ammo.

[jiggyboy]

It’s the Federal Reserve instructing the US government to buy up all the ammo.

[Paladin2]

Well, they must have all the 30-06 they need as it is starting to build up on the shelves.

[Excellence]

srbfl

[WVNan]

Remember Karen Hudes name when you read where she has met with a fatal accident or suicide.

[plain talk]

Hudes, an attorney who spent some two decades working in the World Bank’s legal department,...The World Bank whistleblower also said that contrary to official claims, she did not believe there was any gold being held in Fort Knox.

The article states conclusions but no facts. Reads like a Ron Paul diatribe. Based on her background and beliefs about Fort Knox I call BS and don't believe a word she says.

[SeminoleCounty]

But...but....Free Trade works....the Free Traders always told us

I guess the Free Trade funding arm is quite corrupt

[jiggyboy]

The Federal Reserve buying and selling gold to achieve some kind of political or monetary policy? Absurd! That’s the kind of stuff you see only on wacko websites like this one:

VICE CHAIRMAN SOLOMON. The psychology, Ernie, is that [selling gold] seems to be much more effective if it’s a component of an overall package of forceful measures than if it is done by itself. In the present climate it would look like a major act of weakness. And that might spur some additional dollar selling unless we did it on an enormously massive scale, not just the levels that we have before. On the other hand, if the situation gets to a point where once again we have to begin thinking carefully of a package, then along with some monetary policy measures it would be appropriate and add to the effectiveness — this is my own personal feeling — to do some substantial gold selling. And in that situation I think the Congress would understand that. We’d have less of a political problem also. So I think both factors operate.

CHAIRMAN VOLCKER. I should say, in connection with the political problem, that I don’t think there are any great political constraints so far as the thinking in the Administration is concerned. There are politicians who would make a noise that would reflect upon the credibility of the action. If we sell some gold and then immediately get some congressional opposition, the market would say: “Well, they’re not going to sell very much because there’s too much opposition.” And, therefore, it might not be very productive in terms of the impact we’d want to achieve.

Page 6 here: http://www.federalreserve.gov/monetarypolicy/files/FOMC19800709meeting.pdf

Many more examples and commentary here: http://www.gata.org/node/8429

[meatloaf]

.30-06 was never in short supply locally. The heavier rifle calibers were always in stock. Not so with handgun and poodleshooter rounds. If TSHTF, it seems someone has underestimated.

[Jane Long]

2rl.

[Carry_Okie]

While I was hoping for hard data, this article is finger-pointing without content. There were no numbers, dates, or names, not even principles of operation.

[RedMDer]

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[onyx]

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[onyx]

B T T T ! ! ! ©

[Zionist Conspirator]

The article states conclusions but no facts. Reads like a Ron Paul diatribe. Based on her background and beliefs about Fort Knox I call BS and don't believe a word she says.

The magazine she gave the interview to, The New American, is the magazine of the John Birch Society and pushes Ron Paul continually.

Even Gary North (son-in-law of Birch hero Rousas J. Rushdoony) rejects all this nonsense about privately owned banks being the cause of everything and government printed greenbacks as the answer.

Not all anti-Fed people are on the Right. Some are on the populist Left and oppose private ownership of banks. In other words, they advocate government nationalization of the banking system.

[infowarrior]

Hudes is determined to expose and end the corruption. And she is confident of success.

*SHE* may be 'confident of success', but *I*, however, am most assuredly not. This corruption has been ongoing since the inception of the Federal Reserve in 1916. It is going to take more than a battalion of whistle blowers to make public the endemic corruption of the Federal Reserve, and its monstrous 'children', the IMF, the World Bank, and the Council on Foreign relations, et al. And even against all possible odds, that were done, I would suspect that what would be made public would merely be scratching the surface...

the infowarrior

[SunkenCiv]

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