Statement of Karen Hudes for the Development Committee on Behalf of the United States1
WASHINGTON – We are at a fork in the road for the Bretton Woods institutions. On January 3, 1949 José Rizal placed the world’s monetary gold reserves and other asset commodities in trust as a gift of love, to be returned to humanity by the Board of Governors of the World Bank and IMF at the end of 50 years of sequestration.2 The world’s peoples and nations agreed to this gift of love. The terms of the trust are spelled out in the Bilateral Minesfield Breakthrough Successor Agreement.3 The gift of love prevents World War III and another Dark Ages.
Harry Truman and Dwight Eisenhower accepted these terms on behalf of the people of the United States of America, and other nations are similarly bound by this sacred treaty. At the inaugural meeting of the Board of Executive Directors of the World Bank in 1946, the Governor for the United States of America reassured the other nations that the Bretton Woods institutions would respect the other nations’ property in this trust by ensuring that it was up to the Board of Executive Directors to interpret the Articles of Agreement of the World Bank.4
As a lawyer in the World Bank’s legal department for twenty years, when the Articles of the World Bank were violated, I reminded the Board of Executive Directors that they were responsible for interpreting the Articles of Agreement. My efforts to reassert the rule of law at the Bretton Woods institutions were played out on the world stage after I bought a World Bank bond and sued in the US federal court system.
The Board of Governors has made me the Overseer Mandate Trustee of the trust containing the world’s monetary gold reserves and other wealth. At the Annual Meetings in Lima, Peru in October, 2015 twenty delegations agreed that I speak on behalf of the Board of Governors on matters involving the world’s monetary gold reserves and other wealth, and that any nation who disagreed would record their dissent in writing. The New York Missions and Tokyo embassies have confirmed this arrangement. This has enabled me to invalidate any and all attempts to disinherit the world’s peoples as beneficiaries of the trust bequeathed to all of mankind as a gift of love:
https://s3.amazonaws.com/khudes/Twitter220.127.116.11.pdf https://s3.amazonaws.com/khudes/Notice+to+The+International+Court+of+Justice.pdf https://s3.amazonaws.com/khudes/lphilippines1.pdf https://s3.amazonaws.com/khudes/Twitter18.104.22.168.pdf https://s3.amazonaws.com/khudes/Twitter22.214.171.124.pdf https://s3.amazonaws.com/khudes/Twitter126.96.36.199.pdf
1 http://kahudes.net/wp-content/uploads/2013/01/ljudicialconference1.pdf The legitimacy of the US federal court system and the US government were irrevocably called into question when the DC Court of Appeals refused to respect the Board of Governors’ settlement of my lawsuit. https://s3.amazonaws.com/khudes/Twitter188.8.131.52.pdf 2 https://s3.amazonaws.com/khudes/Twitter184.108.40.206.pdf 3 https://s3.amazonaws.com/khudes/BILATERAL.pdf 4 http://wwwwds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/03/18/000456288_20140318 122759/Rendered/PDF/833530BR0Bank00Box0382087B00PUBLIC0.pdf
Delivering the Global Currency Reset
The fractional reserve fiat currencies oppress and exploit humanity, only for the benefit of a Network of Global Corporate Control. This Network of Global Corporate Control has come into view, when secrecy was what the Network required in order to continue its agenda of sowing dissension and hatred among the peoples. The Board of Governors has placed this Network of Global Corporate Control into receivership, and has authorized liens to be placed against the entire Federal Reserve System, including Illinois. In order for the Global Currency Reset to proceed in an orderly and transparent manner, amnesty from punishment will be granted. This does not mean amnesty from opprobrium. This does not mean a guarantee of continued employment.
Strict adherence to the Articles of the Bretton Woods institutions, and the respective roles of the Board of Governors, Development Committee, Boards of Executive Directors, and subservient role of the secretariat must be respected so that the world’s peoples can receive José Rizal’s gift of love. As a first priority, the capture by the Network of Global Corporate Control of the WBG’s and IMF secretariats must be reversed. The Board’s Drysdale Committee on Human Resources Management has already prepared a workable action program to guide the way forward. Achieving our global development goals is only possible if we successfully address this challenge.
We encourage close coordination and cooperation with the Asian Infrastructure Investment Bank in working together in the transition to national currencies minted from the nations’ monetary gold reserves and local currencies introduced in the villages and towns. The importance of the WBG working effectively with other international financial institutions cannot be overstated. When the rule of law in the Bretton Woods institutions is observed faithfully, collaboration and cooperation can be readily attained.
Responding to Discoveries of Assets owned by the trust for the benefit of humanity
The Board of Executive Directors and the Board of Governors are empowered under the Articles of Agreement of the WB and IMF to deal with issues arising in the Global Currency Reset in a transparent manner. This will include the distribution of assets such as the Kohinoor Diamond, the Amber Room, and other art treasures that have been located. The Development Committee also has a constructive role to play, as it works through the details in the Letter of Intent agreed with the Governor of the Central Bank of Taiwan and with YCT Corporation.5 Prospects for growth will improve dramatically as new technologies on energy, health, and transportation are released. With an end to legal tender laws in the Global Currency Reset, local currencies will also stimulate growth in employment and shared prosperity.
For the WBG to have credibility with its clients, the WBG must be held to account for adherence to the rule of law. This means keeping faith with its founders and the terms on which it came into being, and carrying out the sacred mandate with which it is entrusted: José Rizal’s gift of love. This means that the secretariat has to be reframed at once in order to respect the terms of the Bilateral Minesfield Breakthrough Successor Agreement, as well as the authority of its member countries.
We stand on the brink of a new tomorrow as we accept José Rizal’s gift of love.