WEBVTT 00:03.230 --> 00:04.410 Hello, I'm Greg Hunter. 00:04.530 --> 00:06.690 Welcome to USAWatchDog.com. 00:06.750 --> 00:08.830 With us today, a brand new guest. 00:09.210 --> 00:10.790 Her name is Karen Hootis. 00:10.930 --> 00:15.550 She is an attorney, she is a banker, and she is a whistleblower. 00:15.730 --> 00:19.490 Karen Hootis, thank you so much for joining us today from Maryland. 00:19.670 --> 00:20.330 Thank you so much. 00:21.210 --> 00:22.250 Thanks for having me. 00:22.330 --> 00:24.690 I couldn't be happier than to be here on your show. 00:25.050 --> 00:27.750 Well, you work for the World Bank for a better part of 20 years. 00:27.970 --> 00:30.210 You are an Ivy League-trained attorney. 00:31.050 --> 00:33.650 You went to Ivy League school, I think you went to Yale. 00:34.650 --> 00:38.490 You work for the World Bank as a lawyer, you're a banker, and you were a 00:38.490 --> 00:40.090 whistleblower inside the World Bank. 00:40.150 --> 00:41.730 Not just one time, but several times. 00:41.790 --> 00:46.370 A crescendo with a big, almost a billion-dollar whistleblowing fraud, 00:47.350 --> 00:49.210 malfeasance in the World Bank in Indonesia. 00:49.730 --> 00:52.150 And for that, you got a pink slip in 2009. 00:53.410 --> 00:54.610 Congratulations, my dear. 00:55.070 --> 00:55.530 Thank you. 00:55.670 --> 00:56.890 You are one of the good people. 00:57.590 --> 01:00.810 Listen, I called you the other day on the pre-interview, and I said, you know, 01:00.890 --> 01:04.250 Karen Hootis, and she said, yes, and I said, boy, I want to interview you 01:04.250 --> 01:05.790 about, you know, I have you all set up. 01:05.830 --> 01:07.650 I want to just do a little pre-interview about banking. 01:07.750 --> 01:08.990 And I said, boy, things are a mess, huh? 01:09.150 --> 01:10.790 Oh, no, no, no, no, things aren't a mess. 01:11.310 --> 01:12.330 No, we can fix this. 01:13.090 --> 01:15.410 And I was like, wow, this is refreshing. 01:16.430 --> 01:19.070 And you said, you know, everybody knows what's going on. 01:19.530 --> 01:21.610 Everybody in the world knows what's going on with America. 01:21.690 --> 01:23.230 We know who the thugs and the criminals are. 01:23.470 --> 01:25.190 And you made a reference to a baby. 01:25.190 --> 01:28.710 Tell me how the rest of the world is looking at our Federal Reserve and our 01:28.710 --> 01:30.770 banking system and how the U.S. 01:30.810 --> 01:33.650 is acting in the global world of finance. 01:34.610 --> 01:36.290 Well, their game is up. 01:37.450 --> 01:43.730 When they were signed on 100 years ago, President Wilson knew that he had sold the 01:43.730 --> 01:47.630 United States downstream, and he really regretted it. 01:48.010 --> 01:53.050 And there were a couple of presidents who tried to set things straight, and both of 01:53.050 --> 01:54.490 those ended up assassinated. 01:54.490 --> 01:55.890 One of them was JFK. 01:56.410 --> 01:58.070 One of them was Abraham Lincoln. 01:58.770 --> 02:05.650 And our current president, Barack Obama, is trying very hard to do what he can to 02:05.650 --> 02:11.830 make it possible for those of us in the know to fire these thugs. 02:12.170 --> 02:13.550 He doesn't want to get himself shot. 02:13.670 --> 02:16.270 He's leaving it up to us, and we're doing a good job. 02:16.370 --> 02:18.150 I've been in touch with all 50 governors. 02:18.150 --> 02:23.070 There's a special governor's council, which has one of the co-chairs is my 02:23.070 --> 02:24.350 governor, Martin O'Malley. 02:25.030 --> 02:29.010 And I've been writing to these guys, and I've been saying, okay, we are not 02:29.010 --> 02:31.130 going to let our country get sold downstream. 02:31.950 --> 02:33.490 You are going to do your job. 02:33.970 --> 02:36.350 And, you know, it's not an easy thing to do. 02:36.910 --> 02:38.010 It's pretty dangerous. 02:38.230 --> 02:43.270 People have gotten into a lot of hot water for standing up to these thugs and crooks. 02:43.470 --> 02:45.750 And by the way, you don't have to take my word for it. 02:45.750 --> 02:50.050 There's a very accurate study that was done by the Federal Institute of 02:50.050 --> 02:50.690 Technology. 02:51.270 --> 02:56.990 They used data showing who owns all of the world's corporations, 43,000 of them. 02:57.450 --> 03:02.930 And they showed that there is a group of thugs that have bought these companies up 03:02.930 --> 03:06.070 and controls them behind the scenes. 03:06.210 --> 03:07.390 A lot of this is secret. 03:07.630 --> 03:11.090 You won't read about it in the press because they bought up the media. 03:11.090 --> 03:16.830 So the stories that people are hearing every day from their favorite newscast, 03:17.330 --> 03:22.450 this is all, you know, what those companies want you to know, not what the 03:22.450 --> 03:23.210 reality is. 03:23.330 --> 03:25.430 And a lot of people are on to this. 03:25.510 --> 03:32.290 I think the latest survey about the trust of the American people in their media, 03:32.730 --> 03:33.770 it's tanked. 03:33.770 --> 03:39.510 Most people, more than a majority, knows that they're being systematically 03:39.510 --> 03:41.430 lied to by these thugs. 03:41.830 --> 03:46.390 So anyway, getting back to the Federal Reserve and the Bank for International 03:46.390 --> 03:53.730 Settlements, these groups are in cahoots with the biggest crooks of all, 03:54.050 --> 03:56.290 the Jesuits, that bought up Bank of America. 03:56.290 --> 04:04.530 And they have little secret deals to try to apportion the riches of the world. 04:05.210 --> 04:10.850 And in the meantime, all of the countries of the world know that this thievery is 04:10.850 --> 04:11.350 going on. 04:11.410 --> 04:12.870 And we have been working together. 04:13.010 --> 04:17.470 I've been writing all of the ambassadors for the last five years since I was fired 04:17.470 --> 04:17.970 illegally. 04:18.310 --> 04:19.750 They knew I was their lawyer. 04:19.870 --> 04:21.530 They knew I was telling them the truth. 04:21.650 --> 04:23.710 And I said, you're not going to get away with this. 04:23.710 --> 04:27.930 And there's a group of World Bank whistleblowers from different countries. 04:28.210 --> 04:31.430 And one of them in particular, Elaine Colville, who's Scottish, 04:31.850 --> 04:35.250 the two of us have been writing to the UK Parliament. 04:35.910 --> 04:40.650 And the UK Parliament on the 20th of July just published our statements. 04:40.870 --> 04:44.410 My statement was, OK, guys, we're running out of time. 04:44.510 --> 04:48.990 It's time to get serious and tell these thugs and crooks that they're fired. 04:49.490 --> 04:53.470 And Elaine Colville said, the UK Parliament better do its job. 04:53.910 --> 04:55.830 And that's up there for everybody to read. 04:56.050 --> 04:57.410 Well, you're talking about being fired. 04:57.530 --> 05:01.610 You were telling me in the interview yesterday, and I want to work on this. 05:01.670 --> 05:04.730 And it's a theme that a lot of people have brought up on my side, a lot of very smart 05:04.730 --> 05:05.110 people. 05:05.210 --> 05:06.270 And you're kind of backing them up. 05:06.310 --> 05:10.450 And you're saying the rest of the world doesn't want to live under this yoke of 05:10.450 --> 05:12.190 the Fed Reserve, the Treasury system. 05:12.190 --> 05:13.410 They want to get rid of the dollar. 05:13.730 --> 05:14.770 They want to do away with the dollar. 05:14.870 --> 05:15.490 There's inflation. 05:15.490 --> 05:20.250 And what a lot of people are talking about is this uprising in Egypt is fueled in 05:20.250 --> 05:21.790 part with all this inflation. 05:21.990 --> 05:24.390 And we are exporting inflation around the world. 05:24.650 --> 05:27.270 And governments are saying, hey, hold on with the dollars. 05:27.650 --> 05:29.590 We don't know if we need any more of these dollars. 05:29.670 --> 05:32.790 We want to use a different currency, a gold-backed currency, a bitcoin. 05:33.790 --> 05:38.430 I mean, Hungary has got rid of the euro, supposedly, and they're issuing their own 05:38.430 --> 05:41.350 currency so they can get away from the inflation. 05:41.350 --> 05:46.210 Is that what you're saying, a move away from the dollar on a grand scale? 05:46.950 --> 05:52.930 Okay, what I'm saying is that we don't have to wait for anybody to fire the Fed 05:52.930 --> 05:57.330 or the Bank for International Settlement because all the central bankers are part 05:57.330 --> 05:59.850 of this big club in Switzerland. 06:00.490 --> 06:04.530 What we should simply do is use our choice. 06:05.250 --> 06:10.930 Some of them have already started recognizing silver and gold, the precious 06:10.930 --> 06:13.690 metals, as a currency. 06:13.990 --> 06:15.570 They're entitled to do this. 06:15.670 --> 06:16.510 They should do this. 06:16.910 --> 06:19.730 There are other alternatives like bitcoin. 06:20.290 --> 06:25.250 And there are other bankers that have set up currencies that are backed fully by 06:25.250 --> 06:25.990 precious metals. 06:26.550 --> 06:31.050 And we, the consumers, can choose which currencies to use that are legal. 06:31.370 --> 06:33.610 And that's what we're going to do in very short order. 06:34.290 --> 06:38.470 Because I can tell you, and you didn't follow up on one of the things I just 06:38.470 --> 06:39.770 said, so I'll say it again. 06:40.550 --> 06:43.610 We are talking about the biggest thuggery of all. 06:44.010 --> 06:45.930 And that is the Jesuits in the Vatican. 06:46.530 --> 06:48.550 And one of the things I have just found out... 06:48.550 --> 06:49.790 Well, the New Pope was a Jesuit, right? 06:50.570 --> 06:51.150 That's right. 06:51.390 --> 06:53.390 And what these people have done... 06:53.390 --> 06:59.010 And there have been reports, published reports, of allegations of the Vatican 06:59.010 --> 07:01.970 laundering money on a grand scale. 07:01.970 --> 07:06.290 I haven't heard too much about that recently, but I think that was before the 07:06.290 --> 07:08.050 most recent Pope got put in there. 07:08.470 --> 07:11.290 But yes, I mean, they have some sin there, don't they? 07:12.090 --> 07:16.170 Greg, I'm going to tell you something which I just found out about. 07:16.370 --> 07:21.230 Because, let me step back a little bit and say how I got involved in all of this. 07:21.970 --> 07:23.390 They say follow the money. 07:23.730 --> 07:24.570 That's what I did. 07:24.710 --> 07:28.950 I saw that people were being lied to about the money, and you're not allowed to do 07:28.950 --> 07:29.250 that. 07:29.250 --> 07:33.710 When bonds are issued on the capital markets, and I bought a World Bank bond, 07:34.050 --> 07:36.050 you're entitled to accurate financial statements. 07:36.570 --> 07:39.890 And they were not being audited according to the auditing standards. 07:40.390 --> 07:46.710 So I sued the World Bank, and I sued KPMG, and then 188 ministers of finance settled 07:46.710 --> 07:47.410 my lawsuit. 07:47.750 --> 07:49.410 But I couldn't get that thing implemented. 07:49.850 --> 07:52.030 So I was trying to find out why not. 07:52.310 --> 07:53.790 And let me tell you what I just found out. 07:54.550 --> 08:00.530 I always thought that the CIA was the problem, and the other intelligence 08:00.530 --> 08:01.030 agencies. 08:01.510 --> 08:01.990 Guess what? 08:02.670 --> 08:06.110 There's a grand intelligence agency that the Vatican puts out. 08:06.170 --> 08:10.230 And all of those other crooks are operating under the Vatican Intelligence 08:10.230 --> 08:10.790 Agency. 08:11.630 --> 08:12.710 That's what's going on. 08:13.090 --> 08:14.390 The money is about the control. 08:14.770 --> 08:17.950 And the Vatican Intelligence Agency, the World Intelligence Agency, 08:17.970 --> 08:19.790 they're talking about we're fighting over money. 08:20.110 --> 08:22.290 Over what money we're going to use to control the money. 08:22.290 --> 08:24.750 And I'm saying, Greg, they're not fighting. 08:25.570 --> 08:26.810 They've all agreed. 08:28.010 --> 08:30.590 The fighting is what we're led to believe. 08:31.370 --> 08:34.630 They're all in cahoots, just like all the banks are in cahoots. 08:35.170 --> 08:37.770 All of these intelligence agencies are in cahoots, too. 08:38.310 --> 08:41.030 So we are completely being bamboozled. 08:41.550 --> 08:45.830 It's like a big theater, theater of the observed for the world. 08:45.910 --> 08:50.750 And in the meantime, every single citizen is getting ripped off, big time. 08:50.750 --> 08:53.870 It's all an agreed... 08:55.210 --> 08:57.170 For example, what's going on in Syria? 08:57.510 --> 08:59.090 I'll tell you what's going on in Syria. 08:59.390 --> 09:02.350 And this is because I'm not working just by myself. 09:02.890 --> 09:04.990 I'm working with a lot of whistleblowers. 09:05.150 --> 09:06.930 And there's one whistleblower in particular. 09:07.330 --> 09:11.350 Just so you know, you're in contact with World Bank members also around the globe. 09:12.050 --> 09:12.790 Yes, yes. 09:12.850 --> 09:14.030 There's one of us from India. 09:14.230 --> 09:16.650 There's one of us from Ethiopia. 09:17.230 --> 09:22.990 The last time I mentioned the list, I forgot one of the best, most intelligent 09:22.990 --> 09:25.670 of us is from South Korea. 09:26.230 --> 09:30.710 And we are all working together, just like these thugs are working 09:30.710 --> 09:30.990 together. 09:31.170 --> 09:33.810 But I was going to mention about what Mark told me about Syria. 09:34.730 --> 09:39.530 What's really going on is that there's natural gas, but you have to have a 09:39.530 --> 09:41.050 pipeline to get it to the market. 09:41.050 --> 09:46.490 So Qatar, which has all this natural gas, wanted to run a pipeline through Syria. 09:47.110 --> 09:49.150 And then they were going to reach the European market. 09:49.510 --> 09:52.210 Well, who's supplying the European market with gas? 09:52.390 --> 09:52.730 The Russians. 09:53.070 --> 09:53.590 The Russians. 09:53.850 --> 09:54.050 Okay. 09:54.430 --> 10:00.450 Saudi Arabia went to the Russians and said, if you stop protecting Syria, 10:00.690 --> 10:05.170 then we're going to sell you arms for cheap. 10:05.410 --> 10:09.970 And Russia said, no, I want my market for natural gas in Europe. 10:09.970 --> 10:16.970 So all this business about dead babies and sarin gas, that is just all to keep us 10:16.970 --> 10:17.510 confused. 10:18.150 --> 10:21.810 Everything that's going on in the news is simply to keep us confused. 10:22.530 --> 10:24.110 We don't need to be confused. 10:24.630 --> 10:28.710 What we need to do is we need to turn around to these crooks, with the crooks at 10:28.710 --> 10:31.570 the very top, and we need to say no. 10:32.710 --> 10:34.350 You're not going to rip us off anymore. 10:34.690 --> 10:35.350 You've had enough. 10:35.350 --> 10:39.450 I know you speak fondly of the president, and he is my president, and I have respect 10:39.450 --> 10:44.310 for the office, but he has signed into law the NDAA, where you can, you know, 10:44.350 --> 10:46.070 drag somebody off and hold them intentionally. 10:46.550 --> 10:48.590 You know, any quote-unquote terrorist. 10:48.770 --> 10:51.110 He has made all these drone strikes. 10:51.290 --> 10:56.250 I mean, his Justice Department just put Jesse Jackson Jr. in jail, and not a 10:56.250 --> 11:00.210 single one of these bankers has been tried, including people who have done 11:00.210 --> 11:04.310 money laundering for drug cartels and for people on the terror watch list. 11:04.310 --> 11:08.750 You know, we have Jesse Jackson Jr. in jail for 30 months for $750,000, 11:09.170 --> 11:11.470 and John Corzine allegedly stole a billion dollars. 11:12.310 --> 11:15.390 So, you know, these guys are running wild. 11:16.050 --> 11:16.950 He's an actor. 11:17.190 --> 11:19.070 He's told to play his part. 11:19.890 --> 11:20.590 Oh, that's sad. 11:21.090 --> 11:23.630 It is, but everybody is an actor. 11:23.650 --> 11:24.430 Let me back up here. 11:24.830 --> 11:29.370 You're telling me the president is just an actor, just somebody to play a role and 11:29.370 --> 11:30.310 don't get in our way. 11:30.490 --> 11:31.490 You're really not the president. 11:31.630 --> 11:32.650 We say you are, but you're not. 11:32.650 --> 11:38.010 What I'm trying to say is that those presidents of ours who refused to go along 11:38.010 --> 11:41.830 with these crooks agenda got murdered. 11:42.570 --> 11:43.210 All of them. 11:43.530 --> 11:47.530 And so there's a little bit of leeway and they're doing what they can. 11:47.970 --> 11:52.630 And don't forget, we have to play our part, which is we have to admit that we 11:52.630 --> 11:55.690 have been bamboozled and we're not going to be bamboozled anymore. 11:56.110 --> 11:59.350 And we will then take back what's ours. 11:59.350 --> 12:02.850 We won't let the crooks continue to rob us. 12:03.370 --> 12:04.590 We've got a role to play. 12:04.870 --> 12:06.090 But this is going to be a painful process. 12:06.350 --> 12:08.890 I mean, they're going to come out and say, oh, you want your accounts insured? 12:09.050 --> 12:11.130 Well, you have to take a bail in. 12:11.850 --> 12:13.170 I mean, this is what they're going to say. 12:13.230 --> 12:17.450 This is what they said over in Cyprus, which a lot of people say the IMF was 12:17.450 --> 12:17.850 involved. 12:18.030 --> 12:19.250 The ECB was involved. 12:19.490 --> 12:21.330 That this was a test market, Cyprus. 12:21.870 --> 12:23.550 And oh, you want your insured deposits? 12:23.710 --> 12:25.110 Well, you have to agree to bail ins. 12:25.150 --> 12:26.350 You have to agree to haircuts. 12:26.650 --> 12:28.210 You have to agree to all this stuff. 12:28.210 --> 12:34.850 That is only, Greg, if we stay stuck at one level of the theater. 12:35.070 --> 12:37.690 We don't have to stay stuck at that level. 12:37.810 --> 12:40.910 We can go up to the different level, which is what I'm telling you. 12:41.570 --> 12:44.010 Not just the central bankers, but the Vatican. 12:44.130 --> 12:48.750 For example, people don't know that their IRS revenue is going to the Vatican. 12:48.750 --> 12:55.350 They don't know that the municipalities are pre-funding their pensions for 12:55.350 --> 12:57.350 billions of dollars when it's unnecessary. 12:58.710 --> 13:02.730 We have got to sit down and look at... we've got to follow the money and figure 13:02.730 --> 13:03.850 out where it's going. 13:04.110 --> 13:05.550 And say, okay, that's our money. 13:05.670 --> 13:06.550 That's not your money. 13:06.790 --> 13:07.970 And we have to take it back. 13:08.110 --> 13:08.650 That's all. 13:08.770 --> 13:10.110 Isn't this going to be painful? 13:10.350 --> 13:11.890 Aren't there going to be defaults? 13:12.070 --> 13:13.570 Aren't there going to be... I mean, a guy raised me. 13:13.570 --> 13:15.090 I've said this a couple of times in interviews. 13:15.490 --> 13:18.550 From Detroit, 29 years with a firefighter, a police officer. 13:18.750 --> 13:22.070 His funding for his pension is $9 billion in red ink. 13:22.270 --> 13:23.790 And they're going to get pennies on the dollar. 13:24.410 --> 13:27.810 And I hear that bankers are going to get $0.75 on the dollar. 13:27.910 --> 13:31.830 But pensioners are going to get $0.20, $0.10, $0.15 on the dollar. 13:32.030 --> 13:35.530 I mean, there are $3.7 trillion underfunded pensions. 13:35.630 --> 13:37.790 We have $10.8 trillion on deposit. 13:38.090 --> 13:39.810 We have $33 billion in insurance. 13:40.230 --> 13:41.270 We're just stuck at the wrong level. 13:41.290 --> 13:43.030 There's going to be a bunch of defaults, isn't there? 13:43.030 --> 13:44.930 I mean, is it going to be painful to take it back? 13:44.990 --> 13:46.470 You are stuck at the wrong level of the play. 13:47.090 --> 13:48.890 You are looking at paper currency. 13:49.730 --> 13:56.070 There was an agreement, starting in the early 1900s, to take all of the wealth of 13:56.070 --> 13:56.590 the world. 13:57.330 --> 14:00.150 The treasures, the gold, the diamonds. 14:01.670 --> 14:02.450 Priceless treasures. 14:02.830 --> 14:06.270 These are now in a big vault in different places, buried. 14:06.830 --> 14:08.490 And this all can come out. 14:09.010 --> 14:14.890 But it's not going to come out until people start recognizing this reality. 14:15.530 --> 14:17.390 We have all got to look beyond. 14:17.430 --> 14:19.170 We have to pierce the corporate veil. 14:19.370 --> 14:21.070 That's the statement in law. 14:21.150 --> 14:23.290 When you look behind who owns the corporations. 14:23.910 --> 14:25.730 We have to pierce the corporate veil. 14:26.150 --> 14:28.650 We have to, all of us, do our homework. 14:29.170 --> 14:31.770 We can't say, oh, money is too complicated. 14:31.970 --> 14:33.310 Central banks are too complicated. 14:33.690 --> 14:39.890 We have all got to sit down and come to the table and see what's the real story. 14:40.370 --> 14:42.950 And we have to be responsible about it. 14:43.330 --> 14:45.810 And then we'll agree that we played a part too. 14:46.030 --> 14:47.110 We were bamboozled. 14:47.590 --> 14:53.070 We allowed these bankers to buy up media and tell us lies and accept the lies, 14:53.210 --> 14:54.610 one story after another. 14:54.970 --> 15:01.290 Are we going to look at the fake reels about dead women and children from 15:01.290 --> 15:03.550 chemical warfare? 15:03.990 --> 15:05.750 Chances are those were actors. 15:06.650 --> 15:11.710 You know, I got to tell you, I would think you were absolutely crazy if I didn't know 15:11.710 --> 15:15.930 and I went online and saw your resume and saw your deep resume and saw you work for 15:15.930 --> 15:20.310 the World Bank for 20 years and know you're an attorney or you were the senior 15:20.310 --> 15:21.610 counsel for the World Bank. 15:21.950 --> 15:26.450 And this is just eye-opening to hear you talk like this. 15:26.490 --> 15:27.130 I'm not putting you down. 15:27.230 --> 15:30.130 I'm just saying people should realize that you're not a kook. 15:30.250 --> 15:34.010 You were 20 years with the World Bank as their senior counsel. 15:34.010 --> 15:37.870 You were connected to World Bankers globally and other whistleblowers. 15:38.230 --> 15:40.570 And you're saying that we've been robbed. 15:41.150 --> 15:42.630 And we are being robbed. 15:43.070 --> 15:46.250 Let's go back 15 years, okay? 15:46.470 --> 15:50.710 And let me just say that everything that I'm saying, you can go on my website, 15:51.030 --> 15:58.070 www.kahutus.net, and you can go through the chronology, which is what happened in 15:58.070 --> 16:04.630 2000 when I got involved in reform inside the World Bank where the people who own 16:04.630 --> 16:06.210 the World Bank, it's like a big cooperative. 16:06.410 --> 16:06.830 The U.S. 16:07.130 --> 16:13.110 owns 16% and the rest of the countries, 188 of them, own different amounts. 16:13.230 --> 16:16.710 And you get to vote in accordance with how powerful you are. 16:17.190 --> 16:23.730 Okay, so I was part of the board's decision that they were going to allow the 16:23.730 --> 16:27.010 World Bank to have more money, but only if they improved the human 16:27.010 --> 16:27.490 resources. 16:27.770 --> 16:29.530 And I was on that committee. 16:29.530 --> 16:34.810 And the agreement was that those managers that were doing a good job would get 16:34.810 --> 16:38.710 promoted and those managers that were doing a bad job would either get training 16:38.710 --> 16:40.550 or they would get fired. 16:41.310 --> 16:45.530 And that reform got completely rolled back. 16:45.770 --> 16:47.730 We brought in somebody from IBM to do this. 16:47.990 --> 16:49.930 And he came to me, he said, Karen, I don't understand it. 16:50.130 --> 16:53.490 I say a manager is good and needs to be promoted and that one gets fired. 16:53.770 --> 16:57.310 I say somebody is crooked and that one gets promoted. 16:57.410 --> 16:58.170 What's going on here? 16:58.170 --> 17:00.210 And I don't know how much longer I'm going to last. 17:00.690 --> 17:02.090 Alberto Bazan, he got fired. 17:02.590 --> 17:05.910 And after that, I just tried to find out what was going on. 17:06.010 --> 17:10.090 And you can watch and see exactly what was going on. 17:10.330 --> 17:14.910 Until I got involved in the Philippines, where the man who was the president of the 17:14.910 --> 17:18.390 Philippines, Joseph Estrada, was robbing the country blind. 17:18.830 --> 17:22.610 And what he did was he sold the second largest bank, Philippine National Bank, 17:23.030 --> 17:27.730 to a borrower who owned Philippine Airlines, Lucio Tan. 17:27.730 --> 17:32.110 His airline was in default to Philippine National Bank. 17:32.590 --> 17:38.290 And so I said, you know, you can't disperse the rest of the loan when this 17:38.290 --> 17:40.930 crook has gotten all those employee shares. 17:41.110 --> 17:42.310 That was nearly a billion dollars. 17:42.470 --> 17:46.010 Just so everybody knows, that's nearly a billion dollars in malfeasance. 17:46.010 --> 17:49.090 Well, what happened was we canceled our loan for $200 million. 17:49.630 --> 17:52.090 The Japanese canceled their loan for $200 million. 17:52.090 --> 17:57.270 And the Philippines, who had their people, who had their money on deposit in the 17:57.270 --> 17:58.370 bank, withdrew it. 17:58.570 --> 18:02.510 And the Philippine Deposit Insurance Corporation had to bail out the bank for 18:02.510 --> 18:03.170 $500 million. 18:03.510 --> 18:07.610 And then the World Bank, at the end of that project, had to write a summary about 18:07.610 --> 18:09.870 how the project had gone. 18:10.190 --> 18:14.310 And they said, well, it wasn't a success, obviously, but we couldn't have known. 18:14.650 --> 18:16.030 I said, of course you could have known. 18:16.050 --> 18:16.830 I told you. 18:17.230 --> 18:18.870 And that's when they tried to fire me. 18:20.810 --> 18:22.310 They did fire you. 18:22.930 --> 18:24.070 No, not at that point. 18:24.310 --> 18:25.030 Oh, in 2009 they did. 18:25.030 --> 18:25.690 That was 2003. 18:25.830 --> 18:26.970 Ultimately, they did. 18:27.150 --> 18:29.050 But here's the beautiful part about it. 18:30.150 --> 18:32.330 The World Bank is many, many things. 18:32.950 --> 18:34.290 It's also a knowledge bank. 18:34.470 --> 18:38.510 And there was a political scientist, Jacek Kugler, who came to the World Bank. 18:38.830 --> 18:42.570 He had actually been involved in the defense intelligence industry first. 18:42.870 --> 18:47.210 And he developed a very accurate model, which, you know, it's garbage in, 18:47.290 --> 18:47.750 garbage out. 18:47.750 --> 18:49.890 But I modeled rule of law at the World Bank. 18:50.350 --> 18:53.890 I didn't realize that the World Bank was a microcosm of the world. 18:54.270 --> 18:56.170 But I did know that if the U.S. 18:56.290 --> 18:59.890 didn't start playing by the rules, that we were going to lose the ability to 18:59.890 --> 19:01.730 handpick the president of the World Bank. 19:02.050 --> 19:02.630 Lose our leadership. 19:03.790 --> 19:06.550 The rest of the world is going to go, you're crooks, no thank you. 19:06.950 --> 19:12.410 So first I went to the Treasury Department and I said, we've got to start playing by 19:12.410 --> 19:12.870 the rules. 19:13.390 --> 19:14.570 And they ignored me. 19:14.570 --> 19:18.310 So then I went to the Senate Committee on Foreign Relations, which at that point was 19:18.310 --> 19:22.390 chaired by Joe Biden and had Hillary Clinton and Barack Obama as junior 19:22.390 --> 19:22.630 members. 19:23.430 --> 19:26.750 But it was Senator Lugar who wrote three letters to the World Bank saying, 19:26.950 --> 19:27.710 don't fire this lady. 19:28.130 --> 19:29.310 And they fired me anyway. 19:29.870 --> 19:34.850 But in the meantime, I had showed the board that I was working on rule of law. 19:35.910 --> 19:38.810 And so I had a lot of people backing me in the beginning. 19:39.390 --> 19:41.770 You should see how many people are backing me now. 19:41.770 --> 19:45.630 I have the whole world backing me and it sounds like I'm being grandiose, 19:45.810 --> 19:47.850 but I'm not being grandiose. 19:47.990 --> 19:50.830 I'm just giving people a play by play book. 19:51.250 --> 19:55.730 And so this last bit that I'm telling you about, I didn't know any of this when I 19:55.730 --> 19:56.450 first started out. 19:56.590 --> 19:59.530 All I knew was that we were not playing by the rules. 19:59.670 --> 20:02.330 And then I had this very fancy stakeholder analysis. 20:02.850 --> 20:08.190 And this stakeholder analysis is showing me not only rule of law inside the World 20:08.190 --> 20:11.590 Bank, but the World Bank is a microcosm for the world. 20:12.030 --> 20:14.110 So I'm now dealing with rule of law. 20:14.330 --> 20:16.410 I'm dealing with justice in the world. 20:16.730 --> 20:19.550 Do you think people who see that I'm for real are going to help me? 20:19.930 --> 20:21.410 You better believe they're going to help me. 20:21.510 --> 20:23.370 I have gotten the most incredible help. 20:24.050 --> 20:26.770 It's just spectacularly beautiful to see. 20:27.170 --> 20:30.010 Well, down here on the ground level, could we have bail-ins? 20:30.150 --> 20:31.890 Could people have their money taken from them? 20:31.890 --> 20:33.290 I mean, these guys are not going to give up. 20:33.630 --> 20:34.770 I mean, they're going to hang on to power. 20:35.190 --> 20:36.070 No, of course not. 20:36.250 --> 20:37.810 Could we have war in Syria? 20:38.230 --> 20:40.070 We can certainly have war. 20:40.490 --> 20:41.470 We can have war. 20:41.690 --> 20:44.710 We can wipe out the whole human race. 20:44.850 --> 20:46.030 There's no question about it. 20:46.070 --> 20:48.010 We have the capabilities to do that. 20:48.330 --> 20:55.730 But if we decide to all work together and all follow the money and all listen and 20:55.730 --> 21:00.490 all do our homework, what's going to happen is this gold that's buried in this 21:00.490 --> 21:05.170 vault is going to come out and pay off all these debts. 21:05.610 --> 21:09.170 And we are going to, each of us, have more money than we know what to do 21:09.170 --> 21:09.410 with. 21:09.510 --> 21:11.750 Each person on this planet. 21:11.930 --> 21:14.470 I'm telling you, that's what the actual facts are. 21:15.470 --> 21:16.190 And I can show... 21:16.190 --> 21:17.370 There's plenty of money out there. 21:17.430 --> 21:21.610 So the guy with a pension up in Detroit who's going to get 10 cents on the dollar, 21:21.850 --> 21:22.850 that doesn't have to happen. 21:22.990 --> 21:25.450 The student loans for a trillion dollars doesn't have to happen. 21:25.450 --> 21:29.130 Our national debt for 17 trillion dollars doesn't have to happen. 21:29.130 --> 21:30.470 Karen, that's a lot of dough. 21:30.590 --> 21:31.450 That's a lot of money. 21:31.750 --> 21:33.310 What we're fighting about is not money. 21:33.530 --> 21:36.250 What we're fighting about, we're fighting about two things. 21:36.830 --> 21:38.430 We're fighting about control. 21:39.030 --> 21:43.270 But the better way to describe it is we're fighting about love. 21:43.650 --> 21:46.870 We're fighting about whether we love our fellow man and whether we have 21:46.870 --> 21:47.490 self-respect. 21:47.750 --> 21:50.290 That's the real issue that we're dealing with here. 21:50.290 --> 21:58.490 And if you then think about the people that we are entrusting to be our spiritual 21:58.490 --> 22:02.190 leaders who are actually doing the opposite. 22:02.710 --> 22:08.390 They're having all of the spy agencies of the world and bamboozling all of us. 22:08.490 --> 22:12.150 We have got to sit down and sort things out. 22:12.510 --> 22:13.470 Could there be... 22:13.470 --> 22:16.130 I'm going to get down to granular level, down to the street level, down to the 22:16.130 --> 22:16.930 individual level. 22:17.030 --> 22:17.950 Could there be bail-ins? 22:17.950 --> 22:20.570 Could people lose their insured deposits? 22:20.750 --> 22:21.990 Could people lose money? 22:22.090 --> 22:23.470 Could the stock market crash? 22:24.110 --> 22:25.690 That's not what we're dealing with. 22:26.030 --> 22:27.330 That's not what we're dealing with. 22:27.870 --> 22:30.090 No, that's not what we're dealing with. 22:30.210 --> 22:34.830 We're dealing with whether we continue as humanity and have an earth or whether we 22:34.830 --> 22:35.690 blow ourselves up. 22:35.790 --> 22:36.930 That's what we're dealing with. 22:37.470 --> 22:38.310 That's the issue. 22:38.670 --> 22:43.570 Whether we love ourselves and each other enough to save the world or whether we're 22:43.570 --> 22:46.230 all going to go to hell in a handbasket. 22:46.230 --> 22:47.490 That's what this is about. 22:48.870 --> 22:51.970 Karen Houdis, you have enlightened me, my dear. 22:52.470 --> 22:54.110 You can find out more at K.A. 22:54.190 --> 22:54.550 Houdis. 22:54.550 --> 22:55.950 That's H-U-D-E-S. 22:56.050 --> 22:56.490 K.A. 22:56.550 --> 22:56.790 Karen. 22:56.930 --> 22:57.290 K.A. 22:57.350 --> 22:57.650 Houdis. 22:57.730 --> 22:59.070 H-U-D-E-S.net. 22:59.570 --> 23:02.830 Thank you very much for joining us today on USAWatchdog.com. 23:02.910 --> 23:04.090 I hope you come back. 23:06.610 --> 23:10.250 We're all in this together and I think we're going to do just fine. 23:10.390 --> 23:11.250 That's the whole point. 23:11.350 --> 23:14.250 We do love each other and humanity will continue. 23:14.250 --> 23:16.070 And we're going to be fine. 23:16.690 --> 23:19.070 Thank you for enlightening us on USA Watchdog. 23:19.170 --> 23:19.490 Thank you. 23:19.570 --> 23:20.150 You're a great guest. 23:20.210 --> 23:20.490 Thank you. 23:21.330 --> 23:22.350 Thanks for having me. 23:22.430 --> 23:23.470 You're a great interviewer. 23:38.400 --> 23:38.620 Hello. 23:38.680 --> 23:39.340 I'm Greg Hunter. 23:39.440 --> 23:41.620 Welcome to USAWatchdog.com. 23:41.680 --> 23:43.740 With us today, a brand new guest. 23:44.080 --> 23:45.720 Her name is Karen Houdis. 23:45.840 --> 23:46.800 She is an attorney. 23:47.140 --> 23:48.020 She is a banker. 23:48.200 --> 23:50.480 And she is a whistleblower. 23:50.660 --> 23:54.420 Karen Houdis, thank you so much for joining us today from Maryland. 23:54.420 --> 23:55.240 Thank you so much. 23:56.220 --> 23:57.180 Thanks for having me. 23:57.180 --> 23:59.640 I couldn't be happier than to be here on your show. 23:59.820 --> 24:02.700 Well, you worked for the World Bank for a better part of 20 years. 24:02.920 --> 24:05.120 You are an Ivy League trained attorney. 24:05.980 --> 24:07.720 You went to Ivy League school. 24:07.860 --> 24:08.580 I think you went to Yale. 24:09.580 --> 24:11.800 You worked for the World Bank as a lawyer. 24:11.980 --> 24:12.560 You're a banker. 24:12.800 --> 24:15.020 And you were a whistleblower inside the World Bank. 24:15.040 --> 24:16.660 Not just one time, but several times. 24:16.700 --> 24:22.680 A crescendo with a big, almost a billion dollar whistleblowing fraud, malfeasance 24:22.680 --> 24:24.140 in the World Bank in Indonesia. 24:24.620 --> 24:27.040 And for that, you got a pink slip in 2009. 24:28.380 --> 24:29.560 Congratulations, my dear. 24:30.020 --> 24:30.480 Thank you. 24:30.600 --> 24:31.860 You are one of the good people. 24:32.600 --> 24:34.620 Listen, I called you the other day on the pre-interview. 24:34.760 --> 24:36.300 And I said, you know, Karen Houdis. 24:36.600 --> 24:40.720 And I said, boy, I want to interview you about, you know, I have you all set up. 24:40.760 --> 24:42.600 I want to just do a little pre-interview about banking. 24:42.680 --> 24:43.940 And I said, boy, things are a mess, huh? 24:44.080 --> 24:45.000 Oh, no, no, no, no. 24:45.020 --> 24:45.720 Things aren't a mess. 24:46.180 --> 24:47.260 No, we can fix this. 24:48.020 --> 24:50.340 And I was like, wow, this is refreshing. 24:51.280 --> 24:54.020 And you said, you know, everybody knows what's going on. 24:54.420 --> 24:56.540 Everybody in the world knows what's going on with America. 24:56.540 --> 24:58.160 We know who the thugs and the criminals are. 24:59.720 --> 25:04.780 To make it possible for those of us in the know to fire these thugs. 25:05.100 --> 25:06.480 He doesn't want to get himself shot. 25:06.620 --> 25:07.760 He's leaving it up to us. 25:07.940 --> 25:09.200 And we're doing a good job. 25:09.300 --> 25:11.080 I've been in touch with all 50 governors. 25:11.740 --> 25:16.000 There's a special governor's council, which has one of the co-chairs is my 25:16.000 --> 25:17.280 governor, Martin O'Malley. 25:17.760 --> 25:19.720 And I've been writing to these guys. 25:19.760 --> 25:24.060 And I've been saying, OK, we are not going to let our country get sold downstream. 25:24.620 --> 25:26.380 You are going to do your job. 25:27.040 --> 25:29.280 And, you know, it's not an easy thing to do. 25:29.860 --> 25:31.000 It's pretty dangerous. 25:31.180 --> 25:36.180 People have gotten into a lot of hot water for standing up to these thugs and crooks. 25:36.560 --> 25:38.720 And by the way, you don't have to take my word for it. 25:38.900 --> 25:41.000 There's a very accurate study that was done. 25:41.320 --> 25:42.100 A reference to a baby. 25:42.220 --> 25:45.640 Tell me how the rest of the world is looking at our Federal Reserve and our 25:45.640 --> 25:46.380 banking system. 25:46.580 --> 25:47.680 And how the U.S. 25:47.680 --> 25:50.560 is acting in the global world of finance. 25:51.860 --> 25:53.220 Well, their game is up. 25:54.120 --> 25:59.740 When they were signed on a hundred years ago, President Wilson knew that he had 25:59.740 --> 26:01.880 sold the United States downstream. 26:02.680 --> 26:04.560 And he really regretted it. 26:04.920 --> 26:08.820 And there were a couple of presidents who tried to set things straight. 26:09.240 --> 26:11.440 And both of those ended up assassinated. 26:11.560 --> 26:12.820 One of them was JFK. 26:13.260 --> 26:15.020 One of them was Abraham Lincoln. 26:15.020 --> 26:22.560 And our current president, Barack Obama, is trying very hard to do what he can to 26:22.560 --> 26:25.280 do by the Federal Institute of Technology. 26:26.180 --> 26:31.920 They use data showing who owns all of the world's corporations, 43,000 of them. 26:32.360 --> 26:37.860 And they showed that there is a group of thugs that have bought these companies up 26:37.860 --> 26:40.980 and controls them behind the scenes. 26:41.100 --> 26:42.320 A lot of this is secret. 26:42.540 --> 26:44.320 You won't read about it in the press. 26:44.320 --> 26:46.040 Because they bought up the media. 26:46.940 --> 26:51.760 So, the stories that people are hearing every day from their favorite newscast, 26:52.280 --> 26:56.700 this is all, you know, what those companies want you to know. 26:56.780 --> 26:58.120 Not what the reality is. 26:58.320 --> 27:00.340 And a lot of people are on to this. 27:00.440 --> 27:04.940 I think the latest survey about the Trump campaign...