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MNC Mafias Rule World
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World Bank Whistleblower Reveals How The Global Elite Rule The World
 
by Michael Snyder    
Global Research, October 06, 2013
 
 
 
 

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Karen Hudes is a graduate of Yale Law School and she worked in the legal department of the World Bank for more than 20 years. In fact, when she was fired for blowing the whistle on corruption inside the World Bank, she held the position of Senior Counsel. She was in a unique position to see exactly how the global elite rule the world, and the information that she is now revealing to the public is absolutely stunning. According to Hudes, the elite use a very tight core of financial institutions and mega-corporations to dominate the planet.
 
The goal is control. They want all of us enslaved to debt, they want all of our governments enslaved to debt, and they want all of our politicians addicted to the huge financial contributions that they funnel into their campaigns. Since the elite also own all of the big media companies, the mainstream media never lets us in on the secret that there is something fundamentally wrong with the way that our system works.
 
Remember, this is not some “conspiracy theorist” that is saying these things. This is a Yale-educated attorney that worked inside the World Bank for more than two decades. The following summary of her credentials comes directly from her website…
 
Karen Hudes studied law at Yale Law School and economics at the University of Amsterdam. She worked in the US Export Import Bank of the US from 1980-1985 and in the Legal Department of the World Bank from 1986-2007. She established the Non Governmental Organization Committee of the International Law Section of the American Bar Association and the Committee on Multilateralism and the Accountability of International Organizations of the American Branch of the International Law Association.
 
Today, Hudes is trying very hard to expose the corrupt financial system that the global elite are using to control the wealth of the world. During an interview with the New American, she discussed how we are willingly allowing this group of elitists to totally dominate the resources of the planet…
 
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 US 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 for her efforts. 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.”
 
Previously, I have written about the Swiss study that Hudes mentioned. It was conducted by a team of researchers at the Swiss Federal Institute of Technology in Zurich, Switzerland. They studied the relationships between 37 million companies and investors worldwide, and what they discovered is that there is a “super-entity” of just 147 very tightly knit mega-corporations that controls 40 percent of the entire global economy…
 
When the team further untangled the web of ownership, it found much of it tracked back to a “super-entity” of 147 even more tightly knit companies – all of their ownership was held by other members of the super-entity – that controlled 40 per cent of the total wealth in the network. “In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network,” says Glattfelder. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group.
 
But the global elite don’t just control these mega-corporations. According to Hudes, they also dominate the unelected, unaccountable organizations that control the finances of virtually every nation on the face of the planet. The World Bank, the IMF and central banks such as the Federal Reserve literally control the creation and the flow of money worldwide.
 
At the apex of this system is the Bank for International Settlements. It is the central bank of central banks, and posted below is a video where you can watch Hudes tell Greg Hunter of USAWatchdog.com the following…
“We don’t have to wait for anybody to fire the Fed or Bank for International Settlements . . . some states have already started to recognize silver and gold, the precious metals, as currency”
 
Most people have never even heard of the Bank for International Settlements, but it is an extremely important organization. In a previous article, I described how this “central bank of the world” is literally immune to the laws of all national governments…
 
An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe. It is called the Bank for International Settlements, and it is the central bank of central banks. It is located in Basel, Switzerland, but it also has branches in Hong Kong and Mexico City. It is essentially an unelected, unaccountable central bank of the world that has complete immunity from taxation and from national laws. Even Wikipedia admits that “it is not accountable to any single national government.“
 
The Bank for International Settlements was used to launder money for the Nazis during World War II, but these days the main purpose of the BIS is to guide and direct the centrally-planned global financial system. Today, 58 global central banks belong to the BIS, and it has far more power over how the US economy (or any other economy for that matter) will perform over the course of the next year than any politician does.
 
Every two months, the central bankers of the world gather in Basel for another “Global Economy Meeting”. During those meetings, decisions are made which affect every man, woman and child on the planet, and yet none of us have any say in what goes on. The Bank for International Settlements is an organization that was founded by the global elite and it operates for the benefit of the global elite, and it is intended to be one of the key cornerstones of the emerging one world economic system.
 
This system did not come into being by accident. In fact, the global elite have been developing this system for a very long time. In a previous article entitled “Who Runs The World? Solid Proof That A Core Group Of Wealthy Elitists Is Pulling The Strings“, I included a quote from Georgetown University history professor Carroll Quigley from a book that he authored all the way back in 1966 in which he discussed the big plans that the elite had for the Bank for International Settlements…
 
[T]he 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.
 
And that is exactly what we have today.
 
We have a system of “neo-feudalism” in which all of us and our national governments are enslaved to debt. This system is governed by the central banks and by the Bank for International Settlements, and it systematically transfers the wealth of the world out of our hands and into the hands of the global elite.
 
But most people have no idea that any of this is happening because the global elite also control what we see, hear and think about. Today, there are just six giant media corporations that control more than 90 percent of the news and entertainment that you watch on your television in the United States.
 
This is the insidious system that Karen Hudes is seeking to expose. For much more, you can listen to Joyce Riley of the Power Hour interview her for an entire hour right here.
 
Copyright © 2013 Global Research; courtesy GlobalResearch.ca
http://www.globalresearch.ca/world-bank-whistleblower-reveals-how-the-global-elite-rule-the-world/5353130


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Majority of Indian billionaires are college-educated 


Moscow accounts for more than two- thirds of Russias billionaires.Total billionaires who are based in the top 20 cities are 661,representing 30% of the worlds billionaires.
India is one of the few countries where finance,banking and investments are not the most significant industries.Instead,industrial conglomerates and pharmaceuticals are the first and second most significant industries for Indian billionaires.
Only 3% of Indian billionaires are female,the joint lowest of any focus country.
The majority of Indian billionaires are college-educated with 72% possessing at least a bachelors degree (Switzerland and the US are the only other two focus countries that have a higher proportion of university-educated billionaires ).The Wealth-X and UBS Billionaire Census 2013 showed that Asia is where the largest number of newlyminted billionaires is based since July 2012,18 new billionaires came up in Asia with a total wealth of $136 billion.Asia was followed by North America (11).
Five of the top 10 countries with the highest percentage of self-made billionaires are from Asia.Globally,around 60% of billionaires are self-made,while 40% inherited their wealth or grew their fortunes from inheritance.Only 17% of female billionaires are selfmade.Asia was the fastest growing at 12.9%.
The global billionaire population reached a record 2,170 in 2013 and total billionaire wealth in Asia surged nearly 13% making it the fastestgrowing region.At current growth rates,the census,the first-ever comprehensive global study on this ultra-wealth tier,forecasts that Asia will catch up with North America in 5 years.



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Indian billionaires form sixth largest group in the world 

Kounteya Sinha TNN 

London: Indian billionaires,the sixth largest group in the rich world,have thrown up an interesting trend found nowhere else holding on to ones roots.Despite popular notions of billionaires being jet-setting,cosmopolitan individuals,most Indian on the list remain where they were raised.
The World Billionaire Census 2013,which was released on Wednesday,shows that 95% of Indian billionaires,who currently have their primary business in India,also grew up there.Globally,only around 23% or 1 in 4 billionaires made their home city the city of their primary business.Only 39% of all billionaires globally have the same home state as the state of their primary business.
Billionaire hotspots such as Singapore,Switzerland and Hong Kong have emerged as favoured destinations for the ultra-rich.However,only 36%,34% and 25% of their billionaire populations grew up in these countries.
Another finding is that not all Indian billionaires have college degrees,let alone an Ivy League management degree.Three out of 10 billionaires here dont even have a college degree.
Indias contingent (103-strong ) has the sixth largest billionaire population in the world (103),narrowly behind Russia (108).However Indias billionaire population decreased by 5.5% and the total billionaire wealth fell by $10 billion since last year.
Mumbai is among the top 5 billionaire cities in the world and the only Indian entry in the top 10 list.New York remains the business city of choice for the worlds billionaires.However,Asia takes eight out of the top 20 spots for billionaire cities,the most for any region in the world.

HOME-BRED STARS 

The World Billionaries Census 2013 found a few interesting facts about Indian billionaires About 30% dont have college degree 95% stuck to their roots and are based in same locations they were raised in Only 3% of Indian billionaires are women,a joint lowest of focus nations Mumbai is among the worlds top 5 billionaire cities



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