Criminal collusion doesn't necessarily emanate from smokey back room deals struck by hooded figures. This is just another signal about the continued break-down in the rule of law and the institutions we're supposed to trust as members of civil society.
Then there was the HSBC laundering billions for the narco-cartels, or the gentleman in Germany who was institutionalized for ten years by his ex-wife and the bank she worked for after he tried to blow the whistle on their tax-evasion schemes. I'd rather live in a world where this stuff doesn't happen, but it doesn't seem to be an option.
Primed by the revelations about the NSA recently, I'm not as hesitant to believe this as I normally would be. Conspiracy theories like this are always easy to laugh at until there's enough proof to tip you off that there's actually something happening. Right now it's just a few whistleblowers, but every story has to start somewhere.
I would say that I am not a believer in a massive conspiracy to control the world's money, except that really, I hope there is. I really hope that a lot of the world's problems are caused by a cartel of a few bad suits. That way when the dust settles, either the world is a better place, or we at least know who led us to this place.
A few things in the article (Oh just go read it, it's not that long) that need some discussion:
> "there are even plans in place to impose martial law in the United States, she said."
Really? That I'm going to need some proof on.
> "The World Bank whistleblower also said that contrary to official claims, she did not believe there was any gold being held in Fort Knox. "
That's Oceans Eleven level stuff. I can just imagine the guards patrolling around empty rooms that they think are full of gold. I'm interested to see the truth level of this statement, but that's a bit too outlandish for now.
I'm glad whistleblowers are stepping forward. In the train stations, there's a motto plastered on every wall - "If you see something, say something". We just need to make sure that runs both ways.
>That's Oceans Eleven level stuff. I can just imagine the guards patrolling around empty rooms that they think are full of gold. I'm interested to see the truth level of this statement, but that's a bit too outlandish for now.
well, put that way, yeah, I agree. but eh, from what I understand, the standard assaying process is not thorough enough to catch, say, a chunk of tungsten in the gold. So it would kinda surprise me if most of the gold sold at the corner gold and silver shop had the advertised gold content. The government having at least some fake gold? would also be unsurprising. The government intentionally storing fake gold? okay, now we're starting to get into crazy town, but... not impossible crazy.
I mean, I'm not saying the gold in fort knox is fake... but I don't think it's an impossible idea.
The background is that, like Edward Snowden leaving the NSA, Karen Hudes came from a position of relative comfort and security as Senior Counsel at the World Bank to blow the whistle. She emerged some time ago; this is a new article on her revelations and not strictly speaking breaking news. However, her revelations deserve further consideration and so it's refreshing to see them redistributed in the current climate.
The broader background is that the nature of our fractional reserve system is one of wealth centralization via institutionalized, state-enforced usury, and humans have known about the perils of such schemes (for example, most of the monotheistic religions speak out about the dangers of these systems).
The World Bank and other 'international' institutions have over the last few decades been largely unmasked as surrogate tools of the US State Department, for example through books such as Confessions of an Economic Hitman. Having had the chance to personally meet with diplomats who have confirmed details within such sources, and having received shocking responses to some FOIA requests in Europe (), I am in no doubt personally as to the way the wind blows in the global economic system.
IMHO, the challenge that humanity now faces is to adopt fairer and more holistic financial/economic systems that reward social and environmental concern, recognize the interlinked nature of our shared fate, and to transition our current economic systems (in the physical goods/supply chain sense) and our trajectory of technological development toward these new systems without causing sudden breakdowns. Thankfully, most of this should be possible. A critical mass of two things are required: political will and the capacity for disengagement from the sole financial profit motive of corporate and individual actors is what is needed.
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[ 3.0 ms ] story [ 24.6 ms ] threadhttp://www.ft.com/intl/indepth/libor-scandal
Criminal collusion doesn't necessarily emanate from smokey back room deals struck by hooded figures. This is just another signal about the continued break-down in the rule of law and the institutions we're supposed to trust as members of civil society.
Then there was the HSBC laundering billions for the narco-cartels, or the gentleman in Germany who was institutionalized for ten years by his ex-wife and the bank she worked for after he tried to blow the whistle on their tax-evasion schemes. I'd rather live in a world where this stuff doesn't happen, but it doesn't seem to be an option.
I would say that I am not a believer in a massive conspiracy to control the world's money, except that really, I hope there is. I really hope that a lot of the world's problems are caused by a cartel of a few bad suits. That way when the dust settles, either the world is a better place, or we at least know who led us to this place.
A few things in the article (Oh just go read it, it's not that long) that need some discussion:
> "there are even plans in place to impose martial law in the United States, she said."
Really? That I'm going to need some proof on.
> "The World Bank whistleblower also said that contrary to official claims, she did not believe there was any gold being held in Fort Knox. "
That's Oceans Eleven level stuff. I can just imagine the guards patrolling around empty rooms that they think are full of gold. I'm interested to see the truth level of this statement, but that's a bit too outlandish for now.
I'm glad whistleblowers are stepping forward. In the train stations, there's a motto plastered on every wall - "If you see something, say something". We just need to make sure that runs both ways.
well, put that way, yeah, I agree. but eh, from what I understand, the standard assaying process is not thorough enough to catch, say, a chunk of tungsten in the gold. So it would kinda surprise me if most of the gold sold at the corner gold and silver shop had the advertised gold content. The government having at least some fake gold? would also be unsurprising. The government intentionally storing fake gold? okay, now we're starting to get into crazy town, but... not impossible crazy.
I mean, I'm not saying the gold in fort knox is fake... but I don't think it's an impossible idea.
http://www.youtube.com/watch?v=EeIM-4hJO44
The broader background is that the nature of our fractional reserve system is one of wealth centralization via institutionalized, state-enforced usury, and humans have known about the perils of such schemes (for example, most of the monotheistic religions speak out about the dangers of these systems).
The World Bank and other 'international' institutions have over the last few decades been largely unmasked as surrogate tools of the US State Department, for example through books such as Confessions of an Economic Hitman. Having had the chance to personally meet with diplomats who have confirmed details within such sources, and having received shocking responses to some FOIA requests in Europe (), I am in no doubt personally as to the way the wind blows in the global economic system.
IMHO, the challenge that humanity now faces is to adopt fairer and more holistic financial/economic systems that reward social and environmental concern, recognize the interlinked nature of our shared fate, and to transition our current economic systems (in the physical goods/supply chain sense) and our trajectory of technological development toward these new systems without causing sudden breakdowns. Thankfully, most of this should be possible. A critical mass of two things are required: political will and the capacity for disengagement from the sole financial profit motive of corporate and individual actors is what is needed.