Ferdinand Marcos Gold is Real and according World Bank Lawyer — Transcript
Full transcript
- 0:00[Music]
- 0:1521 years former lead consul for the
- 0:17world bank she turned whistleblower
- 0:19attorney karen huges karen judith can
- 0:22you give the audience a little
- 0:23background on yourself
- 0:25yes i'm a lawyer and an economist and i
- 0:28worked in the legal department of the
- 0:30world bank for 20 years
- 0:32i did what a lawyer inside
- 0:34a bank is supposed to do which is when
- 0:37the financial information was getting
- 0:39fiddled i reported it up the corporate
- 0:42ladder i went to the audit committee
- 0:44when that didn't work i went to the u.s
- 0:45treasury department when that didn't
- 0:47work i went to the u.s congress when
- 0:49that didn't work
- 0:50i went to ben bernanke when that didn't
- 0:53work i went i know that where i heard
- 0:55that name yeah and when that didn't work
- 0:57i went to the rest of the world and
- 0:58that's where we are now we're with the
- 0:59rest of the world
- 1:01[Music]
- 1:06that there is um a special trust that
- 1:09contains just about all of the world's
- 1:11gold
- 1:12it was established by ferdinand marcos
- 1:16he um this gold people want to know what
- 1:18the gold is it's referring to the
- 1:20president of the philippines of the
- 1:23former president of the philippines who
- 1:25died in 89 correct
- 1:27that's correct
- 1:28that's who except you know it's not
- 1:31clear about the exact date of his death
- 1:34because he had a cousin
- 1:36who you know he was removed he was
- 1:37removed by the cia was not by a popular
- 1:40uprising you know how how the cia stages
- 1:43these things and he was sent off to
- 1:46hawaii but he had expected that this was
- 1:48going to happen and he had gotten his
- 1:50cousin to stand in for him so he was
- 1:52actually it was his cousin that was um
- 1:55in hawaii captive but but anyway what
- 1:58ferdinand marcos did was he took the
- 2:00world's gold i was explaining what is
- 2:02the world's gold it's gold from king
- 2:04solomon it's gold that the conquistadors
- 2:07in spain gathered up from the aztec and
- 2:09inca civilizations it is gold that was
- 2:13gathered by general yamashita between
- 2:16world war 1 and world war ii and what
- 2:18the banks did when they gathered up the
- 2:21gold they issued certificates to the
- 2:24wealthy people who had the gold and
- 2:26those certificates had interest that was
- 2:28payable in gold and the interest has
- 2:30been compounding what ferdinand marcos
- 2:32did was he put the gold in a trust for
- 2:35benefit of humanity and he did he said
- 2:38that the trust would be for 50 years the
- 2:42reason he did this he was a lawyer and
- 2:44he knew that if somebody claims that
- 2:46they own something and they are not able
- 2:49to prove their claim for 50 years that
- 2:52claim is extinguished that's a legal
- 2:54concept called statute of limitations
- 2:58[Music]
- 3:08so
- 3:12[Music]
- 3:24you
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