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00:00:25,458 --> 00:00:30,911
The old appeals to racial,
sexual or religious chauvinism,
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00:00:30,964 --> 00:00:34,943
to rabid nationalist fervor
are beginning not to work.
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00:00:34,968 --> 00:00:39,272
the business of who I am and whether
I'm good or bad, or achieving or not,
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00:00:39,272 --> 00:00:41,009
All that's learned
along the way.
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00:00:41,044 --> 00:00:41,889
It's just a ride...
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00:00:42,642 --> 00:00:44,691
And we can change it
anytime we want.
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It's only the choice.
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00:00:46,301 --> 00:00:49,310
No effort, no work, no job,
no savings of money.
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00:00:49,345 --> 00:00:50,920
I realised
I had the game wrong.
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00:00:52,048 --> 00:00:54,954
The game was to find out
what I already was.
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00:01:58,618 --> 00:02:00,172
We were seeing
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00:02:02,022 --> 00:02:04,791
how very important it is
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00:02:05,658 --> 00:02:08,244
to bring about,
in the human mind,
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00:02:09,362 --> 00:02:11,504
the radical revolution.
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00:02:13,967 --> 00:02:20,606
The crisis
is a crisis in consciousness.
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00:02:23,355 --> 00:02:29,748
A crisis that cannot,
anymore,
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00:02:29,816 --> 00:02:32,275
accept the old norms,
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00:02:32,952 --> 00:02:34,489
the old patterns,
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00:02:36,056 --> 00:02:39,315
the ancient traditions.
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00:02:39,959 --> 00:02:46,122
And, considering
what the world is now,
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00:02:47,934 --> 00:02:49,936
with all the misery,
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00:02:49,836 --> 00:02:51,160
conflict,
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00:02:52,438 --> 00:02:54,683
destructive brutality,
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00:02:54,941 --> 00:02:56,074
aggression,
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00:02:56,943 --> 00:02:57,867
and so on...
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00:03:00,513 --> 00:03:01,517
Man...
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00:03:02,849 --> 00:03:04,824
is still as he was.
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00:03:05,952 --> 00:03:07,583
Is still brutal,
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00:03:07,954 --> 00:03:08,904
violent,
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00:03:08,955 --> 00:03:10,224
aggressive,
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00:03:10,356 --> 00:03:11,642
acquisitive,
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00:03:11,958 --> 00:03:13,092
competitive.
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00:03:14,060 --> 00:03:18,059
and, he's built
a society
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00:03:18,264 --> 00:03:19,914
along these lines.
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00:04:25,965 --> 00:04:27,166
Society today,
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00:04:27,166 --> 00:04:30,297
is composed of
a series of institutions.
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00:04:30,937 --> 00:04:33,005
From political institutions,
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00:04:33,040 --> 00:04:34,666
legal institutions,
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00:04:34,701 --> 00:04:36,418
religious institutions.
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00:04:36,609 --> 00:04:38,711
to institutions of social class,
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00:04:38,746 --> 00:04:39,989
familiar values,
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00:04:40,046 --> 00:04:41,979
and occupational specialization.
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00:04:42,515 --> 00:04:46,443
It is obvious, the profound influence
these traditionalized structures have
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00:04:46,686 --> 00:04:49,510
in shaping our understandings
and perspectives.
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00:04:51,491 --> 00:04:54,759
Yet, of all the social institutions,
we are born into,
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00:04:54,827 --> 00:04:57,287
directed by
and conditioned upon,
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00:04:57,797 --> 00:05:00,276
there seems to be no system
as taken for granted,
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00:05:00,300 --> 00:05:01,461
and misunderstood,
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00:05:02,201 --> 00:05:03,784
as the monetary system.
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00:05:04,671 --> 00:05:07,227
Taking on
nearly religious proportions,
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00:05:07,262 --> 00:05:09,788
the established monetary
institution exists
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00:05:09,839 --> 00:05:13,323
as one of the most unquestioned
forms of faith there is.
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00:05:13,946 --> 00:05:15,497
How money is created,
55
00:05:15,948 --> 00:05:17,971
the policies
by which it is governed,
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00:05:18,006 --> 00:05:19,956
and how it truly
affects society,
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00:05:19,991 --> 00:05:23,853
are unregistered interests of
the great majority of the population.
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00:05:33,099 --> 00:05:38,121
In a world where 1% of the population
owns 40% of the planets wealth.
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00:05:38,504 --> 00:05:42,677
In a world where
34,000 children die every single day
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00:05:42,712 --> 00:05:45,311
from poverty
and preventable diseases,
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00:05:45,511 --> 00:05:50,947
and, where 50% of the world's population
lives on less than 2 dollars a day...
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00:05:51,284 --> 00:05:52,608
One thing is clear.
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00:05:53,286 --> 00:05:55,256
Something is very wrong.
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00:05:55,955 --> 00:05:57,909
And, whether we are
aware of it or not,
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00:05:57,921 --> 00:06:00,960
the lifeblood of all of our
established institutions,
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00:06:00,960 --> 00:06:02,827
and thus society itself,
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00:06:02,962 --> 00:06:04,280
is money.
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00:06:05,298 --> 00:06:08,768
Therefore, understanding this
institution of monetary policy
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00:06:08,768 --> 00:06:12,888
is critical to understanding
why our lives are the way they are.
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00:06:13,539 --> 00:06:17,602
Unfortunately, economics is often
viewed with confusion and boredom.
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00:06:17,744 --> 00:06:21,948
Endless streams of financial jargon,
coupled with intimidating mathematics,
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00:06:21,948 --> 00:06:24,984
quickly deters people
from attempts at understanding it.
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00:06:25,385 --> 00:06:27,286
However, the fact is:
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00:06:27,321 --> 00:06:31,393
The complexity associated with the
financial system is a mere mask.
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00:06:31,624 --> 00:06:35,762
Designed to conceal one of the
most socially paralyzing structures,
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00:06:35,762 --> 00:06:38,229
humanity
has ever endured.
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00:06:57,984 --> 00:07:01,204
A number of years ago,
the central bank of the United States,
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00:07:01,239 --> 00:07:02,682
the Federal Reserve,
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00:07:02,717 --> 00:07:06,280
produced a document entitled
Modern Money Mechanics.
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00:07:06,325 --> 00:07:08,332
This publication
detailed the
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00:07:08,662 --> 00:07:10,997
institutionalized
practice of money creation,
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00:07:10,997 --> 00:07:13,532
as utilized by
the Federal Reserve and
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00:07:13,533 --> 00:07:16,068
the web of global commercial banks
it supports.
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00:07:16,068 --> 00:07:19,153
On the opening page,
the document states its objective.
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00:07:19,188 --> 00:07:20,663
The purpose
of this booklet is to
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00:07:20,712 --> 00:07:23,376
describe the basic process
of money creation
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00:07:23,376 --> 00:07:25,826
in a 'fractional reserve'
banking system.
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00:07:25,978 --> 00:07:29,582
It then precedes to describe
this fractional reserve process
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00:07:29,582 --> 00:07:31,835
through various
banking terminology.
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00:07:32,251 --> 00:07:35,239
A translation of which
goes something like this:
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00:07:36,289 --> 00:07:39,281
The United States government
decides it needs some money.
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00:07:39,316 --> 00:07:41,584
So it calls up the Federal Reserve
and requests,
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00:07:41,614 --> 00:07:43,694
say,
10 billion dollars.
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00:07:43,996 --> 00:07:45,504
The FED replies,
saying:
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00:07:45,555 --> 00:07:48,751
Sure, we'll buy ten billion
in government bonds from you.
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00:07:48,968 --> 00:07:51,771
So the government takes
some pieces of paper,
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00:07:51,806 --> 00:07:54,133
paints some
official looking designs on them
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00:07:54,184 --> 00:07:55,830
and calls them
treasury bonds.
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00:07:55,975 --> 00:07:59,979
Then it puts a value on these bonds
to the sum of 10 billion dollars
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00:07:59,979 --> 00:08:01,970
and sends them over
to the FED.
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00:08:02,648 --> 00:08:04,507
In turn,
the people of the FED
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00:08:04,548 --> 00:08:07,335
drop a bunch of impressive
pieces of papers themselves.
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00:08:07,370 --> 00:08:10,344
Only this time,
calling them Federal Reserve notes.
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00:08:10,456 --> 00:08:14,272
Also designating a value of
ten billion dollars to the set.
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00:08:14,560 --> 00:08:18,346
The FED than takes these notes
and trades them for the bonds.
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00:08:18,381 --> 00:08:20,132
Once this exchange
is complete,
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00:08:20,132 --> 00:08:23,603
the government then takes the
ten billion in Federal Reserve notes,
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00:08:23,603 --> 00:08:26,037
and deposits it
into an bank account.
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00:08:26,072 --> 00:08:30,576
And, upon this deposit, the paper notes
officially become legal tender money,
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00:08:30,576 --> 00:08:33,473
adding ten billion
to the US money supply.
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00:08:33,980 --> 00:08:37,757
And there it is, ten billion
in new money has been created.
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00:08:38,551 --> 00:08:40,920
Of course,
this example is a generalization.
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00:08:40,920 --> 00:08:45,171
For, in reality, this transaction
would occur electronically,
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00:08:45,206 --> 00:08:46,806
with no paper
used at all.
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00:08:46,993 --> 00:08:50,169
In fact, only three percent
of the US money supply
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00:08:50,208 --> 00:08:52,483
exists in
physical currency.
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00:08:52,765 --> 00:08:56,984
The other 97 percent essentially
exists in computers alone.
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00:08:57,970 --> 00:09:02,610
Now, government bonds are by design,
instruments of debt.
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00:09:02,645 --> 00:09:04,854
And when the FED
purchases these bonds,
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00:09:04,883 --> 00:09:07,647
with money it essentially
created out of thin air,
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00:09:07,647 --> 00:09:10,316
the government is actually
promising to pay back
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00:09:10,316 --> 00:09:12,053
that money to the FED.
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00:09:12,747 --> 00:09:16,322
In other words, the money
was created out of debt.
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00:09:17,156 --> 00:09:20,660
This mind numbing paradox,
of how money or value
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00:09:20,660 --> 00:09:22,495
can be created
out of debt,
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00:09:22,530 --> 00:09:26,999
or liability, will become more
clear as we further this exercise.
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00:09:27,400 --> 00:09:29,031
So, the exchange
has been made.
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00:09:29,092 --> 00:09:32,436
And now, ten billion dollars
sits in a commercial bank account.
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00:09:32,471 --> 00:09:34,369
Here is where it gets
really interesting.
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00:09:34,649 --> 00:09:37,147
For, as based on the
fractional reserve practice,
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00:09:37,243 --> 00:09:39,445
that ten billion dollar
deposit
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00:09:39,480 --> 00:09:42,368
instantly becomes
part of the bank's reserves,
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00:09:42,415 --> 00:09:44,201
just as all deposits do.
134
00:09:45,318 --> 00:09:49,773
And, regarding reserve requirements
as stated in Modern Money Mechanics:
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00:09:50,089 --> 00:09:52,992
A bank must maintain
legally required reserves
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00:09:52,992 --> 00:09:56,337
equal to a prescribed
percentage of its deposits.
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00:09:56,429 --> 00:09:58,531
It then quantifies this
by stating:
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00:09:58,531 --> 00:10:00,275
Under current regulations,
139
00:10:00,310 --> 00:10:04,600
the reserve requirement against most
transaction accounts is 10 percent.
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00:10:05,972 --> 00:10:08,642
This means that with a
ten billion dollar deposit,
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00:10:08,677 --> 00:10:10,598
ten percent,
or one billion,
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00:10:10,633 --> 00:10:12,708
is held as
the required reserve,
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00:10:12,979 --> 00:10:17,027
while the other nine billion is
considered an excessive reserve,
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00:10:17,062 --> 00:10:18,686
and can be used
as the basis
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00:10:18,756 --> 00:10:19,778
for new loans.
146
00:10:21,654 --> 00:10:24,891
Now, it is logical to assume,
that this nine billion
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00:10:24,926 --> 00:10:28,628
is literally coming out of the
existing ten billion dollar deposit.
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00:10:28,795 --> 00:10:31,111
However, this is actually
not the case.
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00:10:31,153 --> 00:10:33,578
What really happens,
is that the nine billion
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00:10:33,666 --> 00:10:35,710
is simply created
out of thin air
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00:10:35,780 --> 00:10:38,835
on top of the existing
10 billion dollar deposit.
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00:10:39,087 --> 00:10:41,633
This is how the money supply
is expanded.
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00:10:42,074 --> 00:10:44,291
As stated in
Modern Money Mechanics:
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00:10:44,326 --> 00:10:46,062
Of course they,
the banks,
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00:10:46,091 --> 00:10:48,202
do not really pay out
loans for the money
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00:10:48,237 --> 00:10:49,777
they receive as
deposits.
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00:10:49,982 --> 00:10:53,108
If they did this,
no additional money would be created.
158
00:10:53,143 --> 00:10:54,987
What they do
when they make loans
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00:10:54,987 --> 00:10:56,988
is to accept
promissory notes,
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00:10:56,989 --> 00:10:58,103
loan contracts,
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00:10:58,138 --> 00:11:00,593
in exchange for credits,
money,
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00:11:00,628 --> 00:11:02,495
to the borrowers'
transaction accounts.
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00:11:02,595 --> 00:11:06,246
In other words, the nine billion
can be created out of nothing,
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00:11:06,281 --> 00:11:08,885
simply because there is
a demand for such a loan,
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00:11:08,968 --> 00:11:11,322
and that there is
a 10 billion dollar deposit
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00:11:11,373 --> 00:11:13,555
to satisfy
the reserve requirements.
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00:11:14,774 --> 00:11:17,669
Now let's assume that
somebody walks into this bank
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00:11:17,720 --> 00:11:20,655
and borrows the newly available
nine billion dollars.
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00:11:20,980 --> 00:11:24,391
They will then most likely
take that money and deposit it
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00:11:24,441 --> 00:11:25,853
into their own bank account.
171
00:11:27,653 --> 00:11:29,588
The process then repeats.
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00:11:29,623 --> 00:11:32,417
For that deposit becomes
part of the bank's reserves.
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00:11:32,452 --> 00:11:36,595
Ten percent is isolated, and in turn,
90 percent of the nine billion,
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00:11:36,595 --> 00:11:41,485
or 8.1 billion is now availlable as
newly created money for more loans.
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00:11:41,534 --> 00:11:45,362
And, of course, that 8.1 can be
loaned out and redeposited,
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00:11:45,403 --> 00:11:47,650
creating an additional
7.2 billion
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00:11:48,345 --> 00:11:52,978
to 6.5 billion,
to 5.9 billion, etc.
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00:11:53,813 --> 00:11:58,915
This deposit money creation loan cycle
can technically go on to infinity.
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00:11:58,984 --> 00:12:03,326
The average mathematical result
is that about 90 billion dollars
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00:12:03,361 --> 00:12:06,644
can be created on top
of the original 10 billion.
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00:12:06,992 --> 00:12:11,230
In other words, for every deposit
that ever occurs in the banking system,
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00:12:11,231 --> 00:12:15,244
about nine times that amount
can be created out of thin air.
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00:12:15,801 --> 00:12:17,194
Money jitters.
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00:12:17,445 --> 00:12:20,581
Ask the obliging Bank of America
for a jar of
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00:12:20,616 --> 00:12:22,212
soothing instant money.
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00:12:22,247 --> 00:12:26,968
M-O-N-E-Y in the form of
a convenient personal loan.
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00:12:28,981 --> 00:12:31,519
So, now that we understand
how money is created
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00:12:31,554 --> 00:12:34,220
by this fractional reserve
banking system.
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00:12:34,255 --> 00:12:37,795
A logical, yet illusive question
might come to mind:
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00:12:37,990 --> 00:12:41,442
What is actually giving this
newly created money value?
191
00:12:41,994 --> 00:12:45,260
The answer:
The money that already exists.
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00:12:46,098 --> 00:12:50,544
The new money essentially steals value
from the existing money supply.
193
00:12:50,970 --> 00:12:53,974
For the total pool of money
is being increased,
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00:12:54,009 --> 00:12:56,929
irrespective to demand
for goods and services.
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00:12:56,976 --> 00:12:59,796
And, as supply and demand
defines equilibrium,
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00:12:59,979 --> 00:13:01,092
Prices rise,
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00:13:01,143 --> 00:13:04,544
diminishing the purchasing power
of each individual dollar.
198
00:13:04,984 --> 00:13:08,000
This is generally referred to
as inflation.
199
00:13:08,035 --> 00:13:12,293
And inflation is essentially
a hidden tax on the public.
200
00:13:12,992 --> 00:13:14,457
What is the advice
that you generally get?
201
00:13:14,508 --> 00:13:16,626
And that is,
inflate the currency.
202
00:13:16,666 --> 00:13:19,999
They don't say: debase the currency.
They don't say: devalue the currency.
203
00:13:19,999 --> 00:13:21,984
They don't say:
Cheat the people who are safe.
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00:13:21,985 --> 00:13:24,001
They say:
Lower the interest rates.
205
00:13:24,019 --> 00:13:27,785
The real deception is when
we distort the value of money.
206
00:13:27,820 --> 00:13:30,615
When we create money out of thin air,
we have no savings.
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00:13:30,655 --> 00:13:32,978
Yet there is
so-called capital.
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00:13:32,978 --> 00:13:35,428
So, my question
boils down to this:
209
00:13:35,478 --> 00:13:40,658
How in the world can we expect
to solve the problems of inflation?
210
00:13:40,786 --> 00:13:42,902
That is,
increase in the supply of money,
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00:13:42,903 --> 00:13:45,019
with more inflation.
212
00:13:45,054 --> 00:13:46,877
Of course, it can't.
213
00:13:46,992 --> 00:13:50,099
The fractional reserve system
of monetary expansion
214
00:13:50,151 --> 00:13:51,997
is inherently inflationary.
215
00:13:51,997 --> 00:13:54,320
For the act of
expanding the money supply,
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00:13:54,371 --> 00:13:55,573
without there being
217
00:13:55,608 --> 00:13:58,971
a proportional expansion of goods
and services in the economy,
218
00:13:58,971 --> 00:14:01,174
will always
debase a currency.
219
00:14:01,307 --> 00:14:04,182
In fact, the quick glance
of the historical values
220
00:14:04,252 --> 00:14:06,745
of the US dollar,
versus the money supply,
221
00:14:06,745 --> 00:14:08,613
reflects this point
definitively,
222
00:14:08,781 --> 00:14:11,078
for the inverse relationship
is obvious.
223
00:14:12,985 --> 00:14:20,923
One dollar in 1913 required
$21.60 in 2007 to match value.
224
00:14:21,994 --> 00:14:24,700
That is
a 96% devaluation
225
00:14:24,800 --> 00:14:27,967
since the Federal Reserve
came into existence.
226
00:14:29,969 --> 00:14:33,973
Now, if this reality of
inherent and perpetual inflation
227
00:14:33,974 --> 00:14:37,724
seems absurd and
economically self-defeating,
228
00:14:38,180 --> 00:14:41,974
hold that thought,
for absurdity is an understatement,
229
00:14:42,074 --> 00:14:45,735
in regard to how our financial system
really operates.
230
00:14:46,385 --> 00:14:50,600
For in our financial system,
money is debt,
231
00:14:50,990 --> 00:14:52,875
and debt is money.
232
00:14:53,659 --> 00:14:58,389
Here is a chart of the
US money supply from 1950 to 2006.
233
00:14:59,298 --> 00:15:02,551
Here is a chart of the
US national debt for the same period.
234
00:15:02,868 --> 00:15:06,322
How interesting it is, that the trends,
are virtually the same.
235
00:15:06,972 --> 00:15:10,045
For the more money there is,
the more debt there is.
236
00:15:10,309 --> 00:15:13,026
The more debt there is,
the more money there is.
237
00:15:13,512 --> 00:15:17,021
To put it a different way,
every single dollar in your wallet
238
00:15:17,061 --> 00:15:19,837
is owed to somebody
by somebody.
239
00:15:19,872 --> 00:15:20,678
For remember:
240
00:15:20,880 --> 00:15:24,397
The only way the money can come in
to existence is from loans.
241
00:15:24,523 --> 00:15:28,252
Therefore, if everyone in the country
were able to pay off all debts,
242
00:15:28,287 --> 00:15:29,828
including the government,
243
00:15:29,828 --> 00:15:32,659
there would not be one dollar
in circulation.
244
00:15:43,375 --> 00:15:46,020
In fact, the last time
in American history,
245
00:15:46,055 --> 00:15:48,151
the national debt
was completely paid off
246
00:15:48,201 --> 00:15:52,064
was in 1835,
after President Andrew Jackson,
247
00:15:52,114 --> 00:15:55,807
shut down the Central Bank
that preceded the Federal Reserve.
248
00:15:56,088 --> 00:15:59,124
In fact,
Jackson's entire political platform
249
00:15:59,159 --> 00:16:01,418
essentially revolved
around his commitment
250
00:16:01,453 --> 00:16:03,207
to shut down
the Central Bank.
251
00:16:03,242 --> 00:16:04,385
Stating that one point:
252
00:16:04,426 --> 00:16:08,198
The bold efforts the present bank
has made to control the government...
253
00:16:08,199 --> 00:16:11,871
are but premonitions of the fate
that awaits the American people,
254
00:16:11,871 --> 00:16:15,207
Should they be deluded into
a perpetuation of this institution
255
00:16:15,207 --> 00:16:17,538
or, the establishment
of another like it.
256
00:16:18,234 --> 00:16:20,614
Unfortunately,
this message was short lived.
257
00:16:20,779 --> 00:16:26,079
And the international bankers succeeded
to install another central bank in 1913,
258
00:16:26,114 --> 00:16:27,558
The Federal Reserve.
259
00:16:27,869 --> 00:16:29,956
And as long as
this institution exists,
260
00:16:29,989 --> 00:16:32,799
perpetual debt
is guaranteed.
261
00:16:34,460 --> 00:16:37,342
Now, so far we have
discussed the reality
262
00:16:37,392 --> 00:16:40,928
that money is created
out of debt through loans.
263
00:16:41,000 --> 00:16:43,037
These loans are based
on a bank's reserves,
264
00:16:43,072 --> 00:16:45,693
and reserves are derived
from deposits.
265
00:16:45,728 --> 00:16:47,943
And through this
fractional reserve system,
266
00:16:47,978 --> 00:16:51,624
any one deposit can create
9 times its original value.
267
00:16:51,977 --> 00:16:54,659
In turn, debasing the
existing money supply,
268
00:16:54,711 --> 00:16:56,921
raising prices in society.
269
00:16:56,982 --> 00:16:59,985
And, since all this money
is created out of debt,
270
00:16:59,985 --> 00:17:02,907
and circulated randomly
through commerce,
271
00:17:02,988 --> 00:17:05,979
people become detached
from their original debt.
272
00:17:06,161 --> 00:17:08,224
And a disequilibrium
exists,
273
00:17:08,265 --> 00:17:10,915
where people are forced
to compete for labor,
274
00:17:10,965 --> 00:17:13,959
in order to pull enough money
out of the money supply
275
00:17:13,999 --> 00:17:15,953
to cover
their costs of living.
276
00:17:17,436 --> 00:17:21,005
As dysfunctional and backwards
as all of this might seem,
277
00:17:21,040 --> 00:17:24,300
there is still one thing
we have omitted from this equation.
278
00:17:24,977 --> 00:17:27,880
And it is this element
of the structure
279
00:17:27,980 --> 00:17:32,076
which reveals the truly fraudulent
nature of the system itself.
280
00:17:33,552 --> 00:17:36,209
The application of interest.
281
00:17:38,023 --> 00:17:40,397
When the government
borrows money from the FED,
282
00:17:40,510 --> 00:17:42,827
or when a person borrows
money from a bank,
283
00:17:42,995 --> 00:17:46,635
it almost always has to be
payed back with a crude interest.
284
00:17:47,966 --> 00:17:50,969
In other words, almost every
single dollar that exists
285
00:17:50,969 --> 00:17:54,994
must be eventually returned to a bank,
with interest payed as well.
286
00:17:55,307 --> 00:17:56,008
But,
287
00:17:56,008 --> 00:17:58,830
if all money is borrowed
from the Central Bank
288
00:17:59,346 --> 00:18:02,257
and is expanded by
commercial banks through loans,
289
00:18:02,981 --> 00:18:05,984
only what would be refered
to as the principal
290
00:18:05,984 --> 00:18:07,916
is been created
in the money supply.
291
00:18:08,987 --> 00:18:13,892
So then, where is the money to cover
all of the interest that is charged?
292
00:18:14,593 --> 00:18:15,523
Nowhere.
293
00:18:15,994 --> 00:18:17,528
It doesn't exist.
294
00:18:17,996 --> 00:18:20,667
The ramifications of this
are staggering,
295
00:18:20,702 --> 00:18:22,972
for the amount of money
owed back to the banks
296
00:18:23,030 --> 00:18:26,984
will always exceed the amount of money
that is available in circulation.
297
00:18:27,506 --> 00:18:30,935
This is why inflation is
a constant in the economy,
298
00:18:30,976 --> 00:18:33,200
For new money
is always needed
299
00:18:33,229 --> 00:18:37,263
to help cover the perpetual deficit
build into the system,
300
00:18:37,298 --> 00:18:39,971
caused by the need
to pay the interest.
301
00:18:39,985 --> 00:18:41,647
What this also means,
302
00:18:41,687 --> 00:18:44,735
is that mathematically,
defaults and bankruptcy
303
00:18:44,776 --> 00:18:46,930
are literally
built into the system.
304
00:18:46,992 --> 00:18:49,919
And there will always be
poor pockets of society
305
00:18:49,979 --> 00:18:52,026
that get the
short end of the stick.
306
00:18:52,061 --> 00:18:54,859
An analogy would be
a game of musical chairs,
307
00:18:54,867 --> 00:18:58,099
for the once music stops,
somebody is left out to dry.
308
00:18:58,971 --> 00:19:00,518
And that's the point.
309
00:19:00,973 --> 00:19:05,138
It invariably transfers true wealth
for the individual to the banks.
310
00:19:05,173 --> 00:19:08,327
For, if you are unable
to pay for your mortgage,
311
00:19:08,362 --> 00:19:09,752
they will take
your property.
312
00:19:09,787 --> 00:19:12,527
This is particularly enraging
when you realize,
313
00:19:12,562 --> 00:19:15,457
that not only is such
a default inevitable
314
00:19:15,492 --> 00:19:17,475
due to the
fractional reserve practice.
315
00:19:17,510 --> 00:19:18,991
But, also
because of the fact
316
00:19:18,991 --> 00:19:21,541
that the money that
the bank loaned to you
317
00:19:21,592 --> 00:19:24,893
didn't even legally exist
in the first place.
318
00:19:24,997 --> 00:19:28,514
In 1969, there was a
Minnesota court case
319
00:19:28,549 --> 00:19:31,008
involving a man named
Jerome Daly,
320
00:19:31,043 --> 00:19:33,809
who was challenging the
foreclosure of his home by the bank,
321
00:19:33,844 --> 00:19:35,879
which provided the loan
to purchase it.
322
00:19:35,974 --> 00:19:40,090
His argument was that the mortgage
contract required both parties,
323
00:19:40,125 --> 00:19:41,574
being he and the bank,
324
00:19:41,609 --> 00:19:45,367
each put up a legitimate
form of property for the exchange.
325
00:19:45,984 --> 00:19:49,257
In legal language,
this is called consideration.
326
00:19:53,992 --> 00:19:58,800
Mr. Daly explained that the money was,
in fact, not the property of the bank.
327
00:19:58,835 --> 00:20:01,016
For it was created
out of nothing,
328
00:20:01,056 --> 00:20:03,123
as soon as the loan agreement
was signed.
329
00:20:03,268 --> 00:20:06,502
Remember what Modern Money Mechanics
stated about loans?
330
00:20:06,772 --> 00:20:08,299
What they do,
when they make loans,
331
00:20:08,330 --> 00:20:11,547
is to accept promissory notes,
in exchange for credits.
332
00:20:11,977 --> 00:20:14,513
Reserves are unchanged
by the loan transactions.
333
00:20:14,513 --> 00:20:17,458
But, deposit credits
constitute new additions
334
00:20:17,499 --> 00:20:20,227
to the total deposits
of the banking system.
335
00:20:20,262 --> 00:20:23,698
In other words, the money doesn't
come out of their existing assets.
336
00:20:23,945 --> 00:20:27,590
The bank is simply inventing it,
putting up nothing of it's own,
337
00:20:27,626 --> 00:20:30,603
except for a theoretical liability,
on paper.
338
00:20:30,996 --> 00:20:33,789
As the court case progressed,
the bank's president,
339
00:20:33,831 --> 00:20:35,669
Mr. Morgan,
took the stand.
340
00:20:35,701 --> 00:20:37,903
And in the judge's
personal memorandum,
341
00:20:37,938 --> 00:20:40,790
he recalled that the Plaintiff,
bank's president,
342
00:20:40,825 --> 00:20:44,242
admitted that, in combination
with the Federal Reserve Bank
343
00:20:44,286 --> 00:20:46,195
did create the money
and credits
344
00:20:46,230 --> 00:20:48,833
upon its books
by book-keeping entry.
345
00:20:48,981 --> 00:20:51,072
The money and credit
first came into existence
346
00:20:51,091 --> 00:20:52,023
when they created it.
347
00:20:52,063 --> 00:20:56,532
Mr. Morgan admitted that
no United States Law or Statute existed
348
00:20:56,567 --> 00:20:58,512
which gave him
the right to do this.
349
00:20:58,590 --> 00:21:02,995
A lawful consideration must exist
and be tendered to support the Note.
350
00:21:03,030 --> 00:21:06,300
The Jury found that there was
no lawful consideration and I agree.
351
00:21:06,632 --> 00:21:08,137
He also poetically added:
352
00:21:08,188 --> 00:21:11,525
Only God can create something of value,
out of nothing.
353
00:21:12,070 --> 00:21:13,940
And,
upon this revelation,
354
00:21:13,969 --> 00:21:18,718
the court rejected the bank's claim
for foreclosure and Daly kept his home.
355
00:21:19,978 --> 00:21:22,584
The implications of this
court decision are immense.
356
00:21:22,781 --> 00:21:25,389
For every time
you borrow money from a bank,
357
00:21:25,419 --> 00:21:28,476
whether it is a mortgage loan
or a credit card charge,
358
00:21:28,987 --> 00:21:31,593
the money given to you
is not only counterfeit,
359
00:21:31,634 --> 00:21:34,567
it is a illegitimate form
of consideration.
360
00:21:34,993 --> 00:21:37,517
And hence,
voids the contract to repay.
361
00:21:37,547 --> 00:21:41,212
For the bank never had the money
as property to begin with.
362
00:21:41,967 --> 00:21:45,827
Unfortunately, such legal realizations
are suppressed and ignored.
363
00:21:45,971 --> 00:21:48,247
And the game of
perpetual wealth transfer
364
00:21:48,298 --> 00:21:50,689
and perpetual debt
continues.
365
00:21:50,976 --> 00:21:53,979
And this brings us to
the ultimate question:
366
00:21:53,979 --> 00:21:54,813
Why?
367
00:21:56,148 --> 00:21:58,168
During the
American Civil War,
368
00:21:58,198 --> 00:22:01,555
President Lincoln bypassed
the high interest loans
369
00:22:01,590 --> 00:22:03,531
offered by
the European banks
370
00:22:03,572 --> 00:22:07,096
and decided to do what
the Founding Fathers advocated.
371
00:22:07,131 --> 00:22:11,637
Which was to create an independent
and inherently debt-Free currency.
372
00:22:11,997 --> 00:22:13,690
It was called
The Greenback.
373
00:22:15,967 --> 00:22:19,265
Shortly after this measure was taken,
an internal document
374
00:22:19,300 --> 00:22:23,989
circulated between private British
and American banking interests, stated:
375
00:22:24,024 --> 00:22:26,397
Slavery is
but the owning of labor
376
00:22:26,438 --> 00:22:29,139
and carries with it
the care of the laborers,
377
00:22:29,348 --> 00:22:31,159
while the European plan...
378
00:22:31,210 --> 00:22:34,893
is that capital shall control labor
by controlling wages.
379
00:22:34,986 --> 00:22:37,804
This can be done
by controlling the money.
380
00:22:37,989 --> 00:22:42,505
It will not do to allow the Greenback,
as we cannot control that.
381
00:22:43,662 --> 00:22:45,615
The fractional reserve policy,
382
00:22:45,650 --> 00:22:47,697
perpetrated by
the Federal Reserve
383
00:22:47,732 --> 00:22:49,470
which has spread,
in practice,
384
00:22:49,501 --> 00:22:51,766
to the great majority of banks
in the world,
385
00:22:51,970 --> 00:22:55,815
is, in fact,
a system of modern slavery.
386
00:22:59,511 --> 00:23:02,970
Think about it,
money is created out of debt.
387
00:23:03,415 --> 00:23:05,645
And what do people do
when they are in debt?
388
00:23:05,984 --> 00:23:08,865
They submit to employment
to pay it off.
389
00:23:08,987 --> 00:23:12,347
But if money only can only
be created out of loans,
390
00:23:12,524 --> 00:23:14,945
how can society
ever be debt free?
391
00:23:15,994 --> 00:23:18,359
It can't
and that's the point.
392
00:23:18,997 --> 00:23:22,968
And it is the fear of loosing assets,
coupled with the struggle to keep up
393
00:23:22,968 --> 00:23:26,981
with the perpetual debt and inflation
inherent in the system,
394
00:23:27,016 --> 00:23:31,977
compounded by the inescapable scarcity
within in the money supply itself,
395
00:23:31,977 --> 00:23:35,981
created by the interest
that can never be re-payed,
396
00:23:35,981 --> 00:23:39,014
that keeps
the wage-slave in line,
397
00:23:39,985 --> 00:23:42,907
running on a hamster wheel,
with millions of others,
398
00:23:42,988 --> 00:23:45,545
in effect,
powering an empire
399
00:23:45,991 --> 00:23:49,784
that truly benefits only the elite
at the top of the pyramid.
400
00:23:50,996 --> 00:23:52,998
For,
at the end of the day,
401
00:23:52,998 --> 00:23:55,051
who are you
really working for?
402
00:23:55,967 --> 00:23:56,789
The banks.
403
00:23:57,669 --> 00:24:01,191
Money is created in the bank
and invariably ends up in a bank.
404
00:24:01,426 --> 00:24:03,099
They are
the true masters,
405
00:24:03,148 --> 00:24:06,926
along with the corporations
and governments they support.
406
00:24:08,179 --> 00:24:12,030
Physical slavery requires
people to be housed and fed.
407
00:24:12,065 --> 00:24:16,929
Economic slavery requires people
to feed and house themselves.
408
00:24:18,256 --> 00:24:22,994
It is one of the most ingenious scams
for social manipulation ever created.
409
00:24:22,994 --> 00:24:24,288
And at its core,
410
00:24:24,396 --> 00:24:27,766
it is an invisible war
against the population.
411
00:24:27,766 --> 00:24:32,052
Debt is the weapon used
to conquer and enslave societies,
412
00:24:32,087 --> 00:24:35,162
and interest
is its prime ammunition.
413
00:24:36,975 --> 00:24:40,867
And, as the majority walks around,
oblivious to this reality,
414
00:24:40,979 --> 00:24:44,716
the banks, in collusion with
governments and corporations
415
00:24:44,716 --> 00:24:49,074
continue to perfect and expand
their tactics of economic warfare,
416
00:24:49,454 --> 00:24:52,524
spawning new bases,
such as the World Bank
417
00:24:52,524 --> 00:24:54,993
and International Monetary Fund,
418
00:24:54,993 --> 00:24:57,742
while also inventing
a new type of soldier.
419
00:24:58,396 --> 00:25:01,609
The birth of
the economic hitman.
420
00:25:14,079 --> 00:25:17,087
We, economic hitmen,
really have been the ones responsible
421
00:25:17,116 --> 00:25:19,985
for creating this
first truly global empire
422
00:25:19,985 --> 00:25:21,842
And we work
many different ways.
423
00:25:26,992 --> 00:25:29,071
But perhaps the most common
is that we will
424
00:25:29,122 --> 00:25:33,999
identify a country that has resources
our corporations covet, like oil,
425
00:25:33,999 --> 00:25:37,024
And then, arrange a
huge loan to that country
426
00:25:37,059 --> 00:25:40,204
from the World Bank
or one of it's sister organizations.
427
00:25:40,239 --> 00:25:42,207
But the money never actually
goes to the country.
428
00:25:42,242 --> 00:25:44,084
Instead it goes
to our big corporations,
429
00:25:44,115 --> 00:25:46,190
to build infrastructure projects
in that country.
430
00:25:46,225 --> 00:25:48,346
Power plants,
industrial parks, ports...
431
00:25:48,346 --> 00:25:51,529
Things that benefit
a few rich people in that country.
432
00:25:51,564 --> 00:25:53,390
In addition
to our corporations.
433
00:25:53,785 --> 00:25:56,055
But really don't help
a majority of the people at all.
434
00:25:56,084 --> 00:25:57,431
However,
those people,
435
00:25:57,471 --> 00:26:00,484
the whole country is left
holding the huge debt.
436
00:26:00,659 --> 00:26:03,695
It's such a big debt they can't repay
and that's part of the plan...
437
00:26:03,695 --> 00:26:04,829
They can't repay it.
438
00:26:04,829 --> 00:26:06,709
And so, in some point,
we economic hitmen,
439
00:26:06,740 --> 00:26:07,999
go back to them and say:
Listen.
440
00:26:08,099 --> 00:26:09,425
You owe us
a lot of money.
441
00:26:09,464 --> 00:26:11,970
You can't pay your debts.
So, sell your oil,
442
00:26:12,170 --> 00:26:14,117
real cheap
to our oil companies,
443
00:26:14,152 --> 00:26:16,662
allow us to build a military base
in your country, or...
444
00:26:16,975 --> 00:26:20,761
send troops in support of ours
to someplace in the world like Iraq,
445
00:26:20,796 --> 00:26:23,523
or vote with us
on the next UN vote,
446
00:26:23,682 --> 00:26:27,488
to have their
electric utility company privatized
447
00:26:27,523 --> 00:26:29,611
and their water and
sewage system privatized
448
00:26:29,641 --> 00:26:31,586
and sold to
US corporations or other
449
00:26:31,616 --> 00:26:33,644
multi-national corporations.
450
00:26:33,792 --> 00:26:35,518
So there is a
whole mushrooming thing
451
00:26:35,518 --> 00:26:38,597
and it's so typical the way
the IMF and the World Bank work.
452
00:26:38,632 --> 00:26:40,800
They put
a country in debt,
453
00:26:40,801 --> 00:26:42,438
and it's such a big debt,
they can't pay it,
454
00:26:42,477 --> 00:26:44,769
and then you offer
to refinance that debt
455
00:26:44,799 --> 00:26:47,027
and pay
even more interest.
456
00:26:47,062 --> 00:26:49,861
And you demand
457
00:26:49,975 --> 00:26:52,579
this quid pro quo,
what you call a conditionality
458
00:26:52,579 --> 00:26:53,827
or good governance
459
00:26:53,856 --> 00:26:57,359
which means basically that they got
to sell off their resources,
460
00:26:57,983 --> 00:27:00,587
including many
of their social services,
461
00:27:00,622 --> 00:27:03,210
their utility companies,
their school systems sometimes,
462
00:27:03,240 --> 00:27:05,255
their penal systems,
463
00:27:05,791 --> 00:27:09,098
their insurance systems,
to foreign corporations.
464
00:27:09,133 --> 00:27:12,461
So it's a
double-triple-quadruple whammy!
465
00:27:15,767 --> 00:27:19,971
The precedent for economic hitmen
really began back in the early 50's
466
00:27:20,006 --> 00:27:22,374
when the democratically-elected
Mossadegh
467
00:27:22,374 --> 00:27:23,854
who was
elected in Iran...
468
00:27:23,894 --> 00:27:26,611
He was considered to be
the hope for democracy
469
00:27:26,611 --> 00:27:27,734
in the Middle East
and around the world.
470
00:27:27,775 --> 00:27:29,347
He was in Time Magazine's
Man of the Year.
471
00:27:29,347 --> 00:27:31,862
But, one of the things
that he brought on
472
00:27:31,892 --> 00:27:34,303
and began to implement
was the idea that
473
00:27:34,334 --> 00:27:37,351
foreign oil companies needed
to pay the Iranian people
474
00:27:37,351 --> 00:27:39,577
a lot more for the oil that
they were taking out of Iran
475
00:27:39,627 --> 00:27:41,976
and the Iranian people
should benefit from their own oil.
476
00:27:42,016 --> 00:27:43,509
Strange policy.
477
00:27:44,295 --> 00:27:45,684
We didn't like that,
of course.
478
00:27:46,015 --> 00:27:48,945
But we were afraid to do
what we normally were doing,
479
00:27:48,965 --> 00:27:50,341
which was to
send in the military.
480
00:27:50,969 --> 00:27:53,152
Instead we sent in
one CIA agent,
481
00:27:53,183 --> 00:27:56,172
Kermit Roosevelt,
Teddy Roosevelt's relative.
482
00:27:57,976 --> 00:27:59,992
And Kermit went in
with a few million dollars
483
00:28:00,031 --> 00:28:02,175
and was very, very effective
and efficient
484
00:28:02,215 --> 00:28:03,980
and in a short
amount of time,
485
00:28:03,982 --> 00:28:07,361
he managed to get
Mossadeg overthrown
486
00:28:07,719 --> 00:28:10,156
and brought in the Shah of Iran
to replace him,
487
00:28:10,176 --> 00:28:12,100
who always was
favorable to oil.
488
00:28:12,248 --> 00:28:14,059
And it was
extremely effective.
489
00:28:17,896 --> 00:28:19,998
Mobs over
through Tehran.
490
00:28:19,998 --> 00:28:22,364
Army officers shout that
Mossadeg has surrendered
491
00:28:22,415 --> 00:28:25,394
and his regime as
virtual dictator of Iran is ended.
492
00:28:25,570 --> 00:28:29,179
Pictures of the Shah are paraded through
the streets as sentiment reverses.
493
00:28:31,976 --> 00:28:33,729
The Shah
is welcomed home.
494
00:28:33,978 --> 00:28:36,821
So back here in the United States,
in Washington,
495
00:28:36,861 --> 00:28:40,471
people looked around and said:
Wow, that was easy and cheap.
496
00:28:40,618 --> 00:28:45,757
So this established a whole new way
of manipulating countries,
497
00:28:45,792 --> 00:28:47,080
of creating empire.
498
00:28:47,115 --> 00:28:51,596
The only problem with Roosevelt was
that he was a card-carrying CIA agent
499
00:28:51,596 --> 00:28:52,899
and if he'd been caught,
500
00:28:52,939 --> 00:28:55,778
the ramifications
could have been pretty serious.
501
00:28:55,967 --> 00:28:57,604
So very quickly,
at that point,
502
00:28:57,644 --> 00:29:00,246
the decision was made
to use private consultants
503
00:29:00,286 --> 00:29:02,876
to channel the money
through the World Bank
504
00:29:02,876 --> 00:29:05,282
or the IMF or one of
the other such agencies,
505
00:29:05,317 --> 00:29:08,467
to bring in people like me,
who work for private companies.
506
00:29:08,880 --> 00:29:10,937
So that
if we got caught,
507
00:29:10,972 --> 00:29:13,743
there would be
no governmental ramifications.
508
00:29:21,993 --> 00:29:24,220
When �rbenz became
President of Guatemala,
509
00:29:24,289 --> 00:29:28,082
the country was very much under
the thumbs of United Fruit company,
510
00:29:28,124 --> 00:29:29,746
the big international corporation.
511
00:29:29,776 --> 00:29:32,228
And �rbenz ran on this ticket
that said:
512
00:29:32,278 --> 00:29:34,705
You know, we want to give the land
back to the people.
513
00:29:34,973 --> 00:29:36,083
And once
he took power,
514
00:29:36,144 --> 00:29:40,145
he was implementing policies
that would do exactly that,
515
00:29:40,145 --> 00:29:42,263
give the land rights
back to the people.
516
00:29:42,264 --> 00:29:44,331
United Fruit didn't like that
very much.
517
00:29:44,382 --> 00:29:46,925
And so, they hired
a public relations firm,
518
00:29:46,960 --> 00:29:49,172
launched a huge campaign
in the United States,
519
00:29:49,207 --> 00:29:52,446
to convince the United States people,
the citizens of the United States,
520
00:29:52,498 --> 00:29:54,993
the press of the United States
and the congress of the United States,
521
00:29:54,993 --> 00:29:57,328
that �rbenz
was a Soviet puppet
522
00:29:57,368 --> 00:29:59,534
And that if we allowed him
to stay in power,
523
00:29:59,564 --> 00:30:02,968
the Soviets would have a foothold
in this hemisphere.
524
00:30:03,003 --> 00:30:04,474
And at that point in time,
525
00:30:04,503 --> 00:30:06,461
there was a huge fear
on everybody's mind,
526
00:30:06,496 --> 00:30:08,406
of the Red terror,
the Communist terror.
527
00:30:08,973 --> 00:30:13,378
And so, to make a long story short,
out of this public relations campaign
528
00:30:13,378 --> 00:30:15,543
came a commitment
on the part of the CIA
529
00:30:15,584 --> 00:30:17,610
and the military
to take this man out.
530
00:30:17,682 --> 00:30:18,694
And in fact,
we did.
531
00:30:18,723 --> 00:30:22,464
We sent in planes, we sent in soldiers,
we sent in jackals,
532
00:30:22,499 --> 00:30:25,652
we sent everything in to take him out.
And did take him out.
533
00:30:25,990 --> 00:30:28,356
And as soon as he was
removed from office,
534
00:30:28,793 --> 00:30:32,367
the new guy that took over after him
basically reinstated everything
535
00:30:32,402 --> 00:30:33,998
to the big international
corporations,
536
00:30:34,033 --> 00:30:35,613
including United Fruit.
537
00:30:40,322 --> 00:30:42,554
Ecuador, for many many years
had been ruled
538
00:30:42,594 --> 00:30:46,999
by pro-US dictators,
often relatively brutal.
539
00:30:47,034 --> 00:30:49,981
Then it was decided they will
have a truely democratic election.
540
00:30:49,981 --> 00:30:53,674
Jaime Roldos ran for office
and his main goal,
541
00:30:53,709 --> 00:30:55,987
he said,
as president would be
542
00:30:55,987 --> 00:31:00,195
to make sure that Ecuador's resources
were used to help the people.
543
00:31:00,391 --> 00:31:02,660
And he won.
Overwhelming.
544
00:31:02,760 --> 00:31:05,478
By more votes than anybody
had ever won anything in Ecuador.
545
00:31:05,997 --> 00:31:08,326
And he began to
implement these policies.
546
00:31:08,600 --> 00:31:12,050
To make sure that the profits from oil
went to help the people.
547
00:31:12,285 --> 00:31:14,814
Well, we didn't like that
in the United States.
548
00:31:14,973 --> 00:31:19,477
I was send down as one of several
economic hitmen to change Roldos.
549
00:31:19,477 --> 00:31:21,254
To corrupt him.
To bring 'em around...
550
00:31:21,289 --> 00:31:22,981
To let him know...
You know.
551
00:31:22,981 --> 00:31:25,133
Okay, you know,
you can get very rich,
552
00:31:25,134 --> 00:31:27,285
you and your family,
if you play our game.
553
00:31:27,285 --> 00:31:31,091
But if you continue to try to
keep this policy you've promised,
554
00:31:31,826 --> 00:31:33,289
you're gonna go.
555
00:31:33,416 --> 00:31:34,666
He woudn't listen...
556
00:31:35,994 --> 00:31:37,549
He was assassinated...
557
00:31:39,664 --> 00:31:43,381
As soon as the plane crashed,
the whole area was cordoned off.
558
00:31:43,416 --> 00:31:47,145
The only people allowed there were
US military from a nearby base
559
00:31:47,180 --> 00:31:49,050
and some of
the Ecuadorian military.
560
00:31:49,085 --> 00:31:51,430
When an investigation
was launched,
561
00:31:51,465 --> 00:31:54,279
two of the key witnesses
died in a car accidents
562
00:31:54,279 --> 00:31:56,670
before they have
a chance to testify.
563
00:31:56,781 --> 00:31:59,779
A lot of very, very strange things
that went on around
564
00:31:59,984 --> 00:32:02,115
the assassination of
Jaime Roldos.
565
00:32:02,150 --> 00:32:05,790
I, like most of people who've
really looked at this case,
566
00:32:05,825 --> 00:32:08,564
have absolutely no doubt
that it was an assassination.
567
00:32:08,604 --> 00:32:11,566
And, of course, in my position
as an economic hitman,
568
00:32:11,601 --> 00:32:13,731
I was always expecting
something to happen to Jaime,
569
00:32:13,731 --> 00:32:15,180
whether it'd be
a coup or assassination,
570
00:32:15,231 --> 00:32:17,882
I wasn't sure, but that
he would be taken down because
571
00:32:17,969 --> 00:32:19,462
he was
not being corrupted,
572
00:32:19,502 --> 00:32:21,221
he would not allow himself
to be corrupted
573
00:32:21,261 --> 00:32:22,695
the way we wanted
to corrupt him.
574
00:32:27,478 --> 00:32:29,681
Omar Torrijos,
the president of Panama,
575
00:32:29,681 --> 00:32:31,863
was, you know,
one of my favorite people.
576
00:32:31,898 --> 00:32:32,784
I really really
liked him.
577
00:32:32,784 --> 00:32:34,121
He was very charasmatic.
578
00:32:34,151 --> 00:32:36,837
He was a guy who really
wanted to help his country.
579
00:32:36,988 --> 00:32:39,740
And when I tried to
bribe him or corrupt him, he said:
580
00:32:39,775 --> 00:32:40,710
Look, John...
581
00:32:40,992 --> 00:32:42,151
He called me Juanito...
582
00:32:42,186 --> 00:32:43,371
He said:
Look Juanito,
583
00:32:44,025 --> 00:32:47,554
I don't need the money.
What I really need is for my country
584
00:32:48,767 --> 00:32:50,130
to be treated fairly.
585
00:32:50,969 --> 00:32:53,078
I need for the United States
to repay the debts
586
00:32:53,113 --> 00:32:54,015
that you owe my people
587
00:32:54,050 --> 00:32:55,855
for all the destruction
you've done here.
588
00:32:55,974 --> 00:32:57,945
I need to be
in a position where
589
00:32:57,980 --> 00:32:59,890
I can help other
Latin American countries
590
00:32:59,978 --> 00:33:02,848
win their independence
and be free of this,
591
00:33:02,981 --> 00:33:05,784
of this terrible presence
from the north.
592
00:33:05,784 --> 00:33:07,796
You people are
exploiting us so badly.
593
00:33:07,986 --> 00:33:12,691
I need to have the Panama Canal back
in the hands of the Panamian people.
594
00:33:12,691 --> 00:33:13,889
That's what I want.
595
00:33:13,992 --> 00:33:17,996
And so, leave me alone,
you known, don't try to bribe me.
596
00:33:18,160 --> 00:33:24,289
It was 1981 and in May,
Jaime Roldos was assassinated.
597
00:33:24,635 --> 00:33:26,907
And Omar
was very aware of this.
598
00:33:26,971 --> 00:33:28,973
Torrijos got his family together
and he said:
599
00:33:29,407 --> 00:33:32,677
I'm probably next,
but that's okay,
600
00:33:32,977 --> 00:33:35,980
because I've done
what I came here to do...
601
00:33:35,980 --> 00:33:37,982
I renegotiated the Canal.
602
00:33:38,082 --> 00:33:39,706
The Canal will now be
in our hands,
603
00:33:39,736 --> 00:33:42,383
we just finished negotiating
the treaty with Jimmy Carter.
604
00:33:45,790 --> 00:33:48,993
In June of that same year,
just a couple of month later,
605
00:33:48,993 --> 00:33:52,026
he also went down
in an airplane crash,
606
00:33:52,061 --> 00:33:56,545
which, there's no question,
was executed by CIA sponsored jackals.
607
00:33:56,968 --> 00:33:58,323
A tremendous
amount of evidence that
608
00:33:58,342 --> 00:34:02,874
one of Torijjos' security guards
handed him, at the last moment,
609
00:34:02,909 --> 00:34:04,976
as he was getting on the plane,
a tape recorder.
610
00:34:04,976 --> 00:34:07,611
A small tape recorder
that contained a bomb.
611
00:34:14,986 --> 00:34:16,960
It is intersting to me
how this
612
00:34:16,995 --> 00:34:19,991
system has continued
pretty much the same way
613
00:34:19,991 --> 00:34:21,156
for years,
and years, and years,
614
00:34:21,185 --> 00:34:23,872
except the economic hitmen have gotten
better and better and better.
615
00:34:23,995 --> 00:34:28,553
Then we coped with, very recently,
what happened in Venezuela.
616
00:34:28,966 --> 00:34:31,969
In 1998, Hugo Chavez
gets elected president,
617
00:34:31,969 --> 00:34:34,772
following a
long line of presidents
618
00:34:34,807 --> 00:34:36,032
who'd been very corrupt
619
00:34:36,082 --> 00:34:38,725
and basically destroyed
the economy of the country.
620
00:34:38,976 --> 00:34:40,978
And Chavez was elected
amidst all that.
621
00:34:41,546 --> 00:34:43,884
Chavez stood up
to the United States
622
00:34:44,048 --> 00:34:48,619
and he's done it primarily
demanding that Venezuelian oil
623
00:34:48,619 --> 00:34:51,467
be used
to help the Venezuelian people.
624
00:34:51,989 --> 00:34:54,915
Well... we didn't like
that in United States.
625
00:34:54,992 --> 00:34:57,483
So, in 2002,
626
00:34:57,895 --> 00:35:00,698
a coup was staged, which was
no question in my mind, in most
627
00:35:00,698 --> 00:35:03,498
other peoples' minds,
that the CIA was behind that coup.
628
00:35:08,973 --> 00:35:10,975
The way,
that that coup was fomented
629
00:35:10,975 --> 00:35:13,978
was very reflective of what
Kermit Roosevelt had done in Iran.
630
00:35:14,178 --> 00:35:16,981
Of paying people to go out
onto the streets,
631
00:35:16,981 --> 00:35:20,938
To riot, to protest, to say
that Chavez was very unpopular.
632
00:35:21,351 --> 00:35:23,521
You know, if you can get
a few thousand people
633
00:35:23,521 --> 00:35:27,612
to do that,
television can make it look like...
634
00:35:27,992 --> 00:35:31,021
It's the whole country
and things start to mushroom.
635
00:35:31,662 --> 00:35:34,678
Except in the case of Chavez,
he was
636
00:35:34,713 --> 00:35:37,682
smart enough and the people
were so strongly behind him,
637
00:35:37,717 --> 00:35:39,774
that they overcame it.
638
00:35:40,972 --> 00:35:44,976
Which was a phenomenal moment
in the history of Latin America.
639
00:35:49,413 --> 00:35:52,450
Iraq, actually,
is a perfect example of the way
640
00:35:52,450 --> 00:35:53,721
the whole system works.
641
00:35:53,771 --> 00:35:56,721
So, we, economic hitmen,
are the first line defense.
642
00:35:56,721 --> 00:35:59,690
We go in, we try to
corrupt the governments
643
00:35:59,690 --> 00:36:01,869
and get them
to accept these huge loans,
644
00:36:01,804 --> 00:36:04,563
which we then use as leverage
to basically own them.
645
00:36:04,896 --> 00:36:09,547
If we fail, as I failed in
Panama with Omar Torrijos,
646
00:36:09,582 --> 00:36:11,476
and Ecuador with
Jaime Roldos,
647
00:36:11,669 --> 00:36:13,635
men who refuse
to be corrupted,
648
00:36:13,771 --> 00:36:16,462
then the second line of defense
is we send in the Jackals.
649
00:36:16,497 --> 00:36:18,366
And the Jackals either
overthrow governments
650
00:36:18,401 --> 00:36:19,518
or they assassinate.
651
00:36:19,744 --> 00:36:22,502
And, once that happens
and a new goverment comes in it...
652
00:36:22,613 --> 00:36:23,981
Boy,
it's gonna toe the line
653
00:36:24,016 --> 00:36:26,858
because that new president knows
what will happen if he doesn't.
654
00:36:27,344 --> 00:36:30,988
In the case of Iraq,
both of those things failed.
655
00:36:30,988 --> 00:36:33,991
The economic hitmen were not able
to get through to Saddam Hussein.
656
00:36:33,991 --> 00:36:36,717
We tried very hard,
we tried to get him to accept a deal
657
00:36:36,749 --> 00:36:39,516
very similar to what
the House of Saud had accepted in
658
00:36:39,551 --> 00:36:41,649
Saudi Arabia,
but he wouldn't accept it.
659
00:36:41,999 --> 00:36:44,270
And so the Jackals
went in to take him out.
660
00:36:44,305 --> 00:36:46,764
They couldn't do it.
His security was very good.
661
00:36:46,971 --> 00:36:49,974
After all, he, at one time,
had worked for CIA.
662
00:36:49,974 --> 00:36:54,345
He'd been hired to assassinate
a former president of Iraq and failed,
663
00:36:54,345 --> 00:36:55,756
but he knew the system.
664
00:36:55,980 --> 00:36:58,996
So, in '91,
we send in the troops
665
00:36:59,031 --> 00:37:01,737
and we take out
the Iraqi military.
666
00:37:01,986 --> 00:37:03,988
So, we assumed
at that point that
667
00:37:03,988 --> 00:37:05,903
Saddam Hussein
is gonna come around.
668
00:37:05,990 --> 00:37:08,993
We could have take him out,
of course at that time,
669
00:37:09,427 --> 00:37:12,373
but we didn't want it.
He's the kind of strong man we like.
670
00:37:12,408 --> 00:37:15,564
He controls his people.
We thought he could control Kurds,
671
00:37:15,599 --> 00:37:18,461
and keep the Iranians in their border
and keep pumping oil for us.
672
00:37:18,496 --> 00:37:20,146
And that once
we took out his military,
673
00:37:20,181 --> 00:37:21,434
now he's gonna
come around.
674
00:37:21,973 --> 00:37:24,609
So, the economic hitmen
go back in in the 90's
675
00:37:24,609 --> 00:37:26,069
without success.
676
00:37:26,110 --> 00:37:27,572
If they'd had success...
677
00:37:27,607 --> 00:37:28,953
he'd still be
running the country.
678
00:37:29,003 --> 00:37:31,549
We'd be selling him
all the fighter jets he wants,
679
00:37:31,549 --> 00:37:32,961
and everything else
he wants,
680
00:37:33,041 --> 00:37:35,441
but they couldn't,
they didn't have success.
681
00:37:35,476 --> 00:37:38,744
The jackals couldn't take him out again,
so we sent the military
682
00:37:38,775 --> 00:37:40,992
in once again, and this time,
we did the complete job
683
00:37:40,992 --> 00:37:41,785
and took him out.
684
00:37:41,825 --> 00:37:44,020
And in the process,
created for ourselves some
685
00:37:44,150 --> 00:37:45,946
very, very lucrative
construction
686
00:37:46,548 --> 00:37:48,727
deals to
reconstruct the country
687
00:37:48,788 --> 00:37:50,467
that we'd
essentially destroyed.
688
00:37:50,468 --> 00:37:51,536
Which is
a pretty good deal
689
00:37:51,566 --> 00:37:53,736
if you own construction companies,
big ones.
690
00:37:54,972 --> 00:37:58,259
So, Iraq shows
the three stages.
691
00:37:58,976 --> 00:38:00,700
The economic hitmen
failed there.
692
00:38:00,778 --> 00:38:01,891
The Jackals failed there.
693
00:38:01,921 --> 00:38:05,550
And as a final measure,
the military goes in.
694
00:38:08,653 --> 00:38:10,988
And in that way,
we've really created an empire,
695
00:38:10,988 --> 00:38:14,225
but we've done it very, very subtly.
It's clandestine.
696
00:38:14,492 --> 00:38:16,994
All the empires of the past
were built on the military,
697
00:38:17,281 --> 00:38:18,974
and everybody knew
they were building them.
698
00:38:18,996 --> 00:38:20,430
The British knew they
were building them,
699
00:38:20,465 --> 00:38:23,509
the French, the Germans,
the Romans, the Greeks,
700
00:38:23,968 --> 00:38:26,671
and they were proud of it.
They always had some excuse like
701
00:38:26,671 --> 00:38:29,804
spreading civilization,
spreading some religion,
702
00:38:29,834 --> 00:38:32,708
something like that,
but they knew they were doing it.
703
00:38:32,977 --> 00:38:33,875
We don't.
704
00:38:33,978 --> 00:38:36,781
The majority of the people,
in the United States,
705
00:38:36,816 --> 00:38:41,510
have no idea that we're living off
the benefits of the clandestine empire.
706
00:38:41,686 --> 00:38:45,538
That today there is more slavery
in the world than ever before.
707
00:38:47,992 --> 00:38:49,285
Then you have
to ask yourself, well,
708
00:38:49,364 --> 00:38:51,334
if it's an empire,
then who is the emperor?
709
00:38:51,996 --> 00:38:55,966
Obviously our presidents of
the United States are not emperors.
710
00:38:55,966 --> 00:38:57,710
An emperor is someone
who is not elected,
711
00:38:57,710 --> 00:38:59,247
doesn't serve
a limited term,
712
00:38:59,641 --> 00:39:01,972
and doesn't report to anyone,
essentially.
713
00:39:02,004 --> 00:39:05,485
So you can't classify
our presidents that way.
714
00:39:05,976 --> 00:39:07,734
But we do have
what I consider to be
715
00:39:07,774 --> 00:39:10,981
the equivalent of the emperor and
it's what I call the corporatocracy.
716
00:39:12,316 --> 00:39:15,534
The corporatocracy
is this group of individuals
717
00:39:15,704 --> 00:39:17,321
who run
our biggest corporations.
718
00:39:17,321 --> 00:39:20,415
And they really act as
the emperor of this empire.
719
00:39:20,991 --> 00:39:23,854
They control
our media,
720
00:39:23,994 --> 00:39:26,332
either through direct ownership
or advertising.
721
00:39:26,497 --> 00:39:29,549
They control
most of our politicians
722
00:39:29,667 --> 00:39:31,354
because they finance
their campaigns,
723
00:39:31,525 --> 00:39:32,801
either through
the corporations
724
00:39:32,842 --> 00:39:34,279
or through
personal contributions
725
00:39:34,314 --> 00:39:35,755
that come out of
the corporations.
726
00:39:35,973 --> 00:39:36,974
They're not elected,
727
00:39:36,974 --> 00:39:38,776
then they don't serve
a limited term,
728
00:39:38,876 --> 00:39:40,260
they don't report to anybody,
729
00:39:40,578 --> 00:39:43,100
and at the very top
of the corporatocracy,
730
00:39:43,135 --> 00:39:44,447
you really can't tell
731
00:39:44,482 --> 00:39:46,584
whether the person is working
for a private corporation
732
00:39:46,584 --> 00:39:49,177
or the government because
they're always moving back and forth.
733
00:39:49,212 --> 00:39:53,391
So you know, you've got a guy who,
one moment is the president of
734
00:39:53,591 --> 00:39:55,555
a big construction company
like Haliburton,
735
00:39:55,827 --> 00:39:58,235
and the next moment, he's
Vice President of the United States.
736
00:39:58,329 --> 00:40:00,368
Or the President,
who was in the oil business.
737
00:40:00,398 --> 00:40:03,455
And this is true whether you get
Democrats or Republicans in the office.
738
00:40:03,490 --> 00:40:07,118
You have this moving back and forth
through a revolving door.
739
00:40:07,471 --> 00:40:12,543
And in a way, our government
is invisible a lot of the time,
740
00:40:12,578 --> 00:40:15,326
and his policies are carried out
by our corporations
741
00:40:15,377 --> 00:40:18,033
on one level or another.
And then again,
742
00:40:18,482 --> 00:40:21,252
the policies of the government
are basically
743
00:40:21,352 --> 00:40:23,885
forged
by the corporatocracy,
744
00:40:24,021 --> 00:40:25,100
and then
presented to the government
745
00:40:25,119 --> 00:40:26,439
and they become
government policy.
746
00:40:26,469 --> 00:40:29,629
So, there's an incredibly
cozy relationship.
747
00:40:30,094 --> 00:40:31,996
This isn't a conspiracy theory
type of thing.
748
00:40:31,996 --> 00:40:33,715
These people don't have
to get together
749
00:40:33,864 --> 00:40:35,621
and plot to do things.
750
00:40:35,671 --> 00:40:39,570
They all basically work
under one primary assumption,
751
00:40:39,570 --> 00:40:42,490
and that is that
they must maximize profits,
752
00:40:42,706 --> 00:40:45,549
regardless of the
social and environmental costs.
753
00:40:50,981 --> 00:40:54,552
This process of manipulation
by the corporatocracy
754
00:40:54,552 --> 00:40:58,889
through the use of debt, bribery
and political overthrow is called:
755
00:40:58,989 --> 00:41:00,319
Globalization.
756
00:41:00,791 --> 00:41:04,695
Just as the Federal Reserve keeps
the American public in a postion
757
00:41:04,695 --> 00:41:07,528
of indentured servitude,
though perpetual debt,
758
00:41:07,563 --> 00:41:09,349
inflation and interest,
759
00:41:09,366 --> 00:41:13,287
the World Bank and IMF
serve this role on a global scale.
760
00:41:13,838 --> 00:41:15,592
The basic scam
is simple.
761
00:41:15,973 --> 00:41:18,711
Put a country in debt,
either by it's own indisgression,
762
00:41:18,746 --> 00:41:20,918
or through corrupting the leader
of that country,
763
00:41:21,570 --> 00:41:25,883
then impose conditionalities
or structual adjustment policies
764
00:41:25,918 --> 00:41:27,985
often consisting
of the following.
765
00:41:29,620 --> 00:41:30,925
Currency devaluation.
766
00:41:31,455 --> 00:41:35,173
When the value of a currency drops,
so does everything valued in it.
767
00:41:35,426 --> 00:41:38,996
This makes indigenous resources
available to predator countries
768
00:41:39,096 --> 00:41:40,873
at a fraction
of their worth.
769
00:41:42,399 --> 00:41:44,971
Large funding cuts
for social programs.
770
00:41:45,006 --> 00:41:47,839
These usually include
education and health care.
771
00:41:47,972 --> 00:41:51,044
Compromising the well-being
and integrity of the society,
772
00:41:51,079 --> 00:41:52,645
leaving the public vulnerable
773
00:41:52,680 --> 00:41:53,978
to exploitation.
774
00:41:54,578 --> 00:41:57,075
Privatization of
state-owned enterprises.
775
00:41:57,381 --> 00:41:59,831
This means that
socially important systems
776
00:41:59,881 --> 00:42:01,619
can be purchased
and regulated
777
00:42:01,619 --> 00:42:03,988
by foreign corporations
for profit.
778
00:42:04,488 --> 00:42:08,187
For example, in 1999,
the World Bank insisted
779
00:42:08,222 --> 00:42:11,429
that the Bolivian government
sell the public water system
780
00:42:11,464 --> 00:42:16,352
of it's third-largest city to a subsidy
of the US-corporation Bechtel.
781
00:42:16,500 --> 00:42:17,807
As soon as this occured,
782
00:42:17,847 --> 00:42:20,971
waterbills for the already
impoverished local residents
783
00:42:20,971 --> 00:42:22,120
skyrocketed.
784
00:42:22,973 --> 00:42:25,976
It wasn't until after
full-blown revolt by the people
785
00:42:25,977 --> 00:42:28,593
that the Bechtel contract
was nullified.
786
00:42:32,082 --> 00:42:34,652
Then there is
trade liberalization,
787
00:42:34,652 --> 00:42:36,559
or the opening up
of the economy,
788
00:42:36,659 --> 00:42:39,329
through removing any restrictions
on foreign trade.
789
00:42:39,456 --> 00:42:43,233
This allows for a number of
abusive economic manifestations,
790
00:42:43,268 --> 00:42:45,566
such as
transnational corporations
791
00:42:45,567 --> 00:42:48,465
bringing in their own
mass-produced products,
792
00:42:48,465 --> 00:42:52,449
undercutting the indigineous production
and ruining local economies.
793
00:42:52,770 --> 00:42:54,609
An example is Jamaica,
794
00:42:55,072 --> 00:42:58,976
which after accepting loans and
conditionalities from the World Bank
795
00:42:58,976 --> 00:43:01,448
lost it's largest
cash crop markets
796
00:43:01,508 --> 00:43:04,149
due to competition
with Western imports.
797
00:43:04,982 --> 00:43:08,961
Today countless farmers are out of work,
for they're unable to compete
798
00:43:08,986 --> 00:43:10,887
with the large corporations.
799
00:43:11,989 --> 00:43:14,901
Another variation is
the creation of numerous,
800
00:43:14,936 --> 00:43:17,995
seemingly unnoticed,
unregulated, inhumane
801
00:43:17,995 --> 00:43:19,497
sweatshop factories,
802
00:43:19,972 --> 00:43:23,649
which take advantage of
the imposed economic hardship.
803
00:43:23,968 --> 00:43:26,697
Additionally,
due to production de-regulation,
804
00:43:26,732 --> 00:43:28,973
environmental destruction
is perpetual
805
00:43:29,008 --> 00:43:32,275
as a country's resources
are often exploited
806
00:43:32,310 --> 00:43:33,887
by the
indifferent corporations,
807
00:43:33,978 --> 00:43:37,364
while outputting large amounts
of deliberate pollution.
808
00:43:38,248 --> 00:43:41,646
The largest environmental lawsuit
in the history of the world,
809
00:43:41,681 --> 00:43:43,869
today is being brought
on behalf of
810
00:43:43,889 --> 00:43:48,826
30,000 Ecuadorian and Amazonian
people against Texaco,
811
00:43:48,861 --> 00:43:51,055
which is now owned by Chevron
so it's against Chevron,
812
00:43:51,095 --> 00:43:53,097
but for activities
conducted by Texaco.
813
00:43:54,253 --> 00:43:56,765
They're estimated to be
more than 18 times
814
00:43:56,800 --> 00:44:00,673
what the Exxon Valdez dumped
into the Coast of Alaska.
815
00:44:00,971 --> 00:44:03,258
In the case of Ecuador,
it wasn't an accident.
816
00:44:03,374 --> 00:44:05,185
The oil companies
did it intentionally;
817
00:44:05,247 --> 00:44:07,713
they knew they were doing it
to save money
818
00:44:07,714 --> 00:44:10,510
rather than
arranging for proper disposal.
819
00:44:11,682 --> 00:44:15,841
Furthermore, a cursory glance at the
performance record of the World Bank
820
00:44:15,876 --> 00:44:18,878
reveals that the institution,
which publicly claims to
821
00:44:18,889 --> 00:44:21,979
help poor countries develop
and alleviate poverty,
822
00:44:21,993 --> 00:44:24,995
has done nothing but
increase poverty and the wealth-gap,
823
00:44:24,995 --> 00:44:27,437
while corporate profits soar.
824
00:44:27,631 --> 00:44:30,332
In 1960,
the income-gap between
825
00:44:30,367 --> 00:44:33,240
the fifth of the world's people
and the richest countries,
826
00:44:33,275 --> 00:44:35,657
versus the fifth
in the poorest countries
827
00:44:35,657 --> 00:44:37,155
was thirty to one.
828
00:44:37,408 --> 00:44:41,050
By 1998,
it was seventy-four to one.
829
00:44:41,779 --> 00:44:46,800
While global GNP rose 40%
between 1970 and 1985,
830
00:44:46,835 --> 00:44:50,805
those in poverty,
actually increased, by 17%.
831
00:44:50,988 --> 00:44:53,608
While from
1985 to 2000,
832
00:44:53,669 --> 00:44:58,723
those living on less than
one dollar a day increased by 18%.
833
00:45:00,416 --> 00:45:04,589
Even the Joint Economic Committee
of the U.S. Congress admitted
834
00:45:04,649 --> 00:45:09,378
that there is a mere 40% success rate
of all World Bank projects.
835
00:45:09,773 --> 00:45:14,813
In the late 1960's, the World Bank
intervened in Ecuador with large loans.
836
00:45:14,879 --> 00:45:19,983
During the next 30 years,
poverty grew from 50% to 70%.
837
00:45:19,983 --> 00:45:23,755
Under or unemployment
grew from 15% to 70%.
838
00:45:24,314 --> 00:45:28,992
Public debt increased from
240 million to 16 billion,
839
00:45:28,992 --> 00:45:34,866
while the share of resources allocated
to the poor went from 20% to 6%.
840
00:45:35,999 --> 00:45:40,718
In fact, by the year 2000,
50% of Ecuador's national budget
841
00:45:40,753 --> 00:45:43,587
had to be allocated
for paying its debts.
842
00:45:46,977 --> 00:45:50,189
It is important to understand:
the World Bank is,
843
00:45:50,229 --> 00:45:53,739
in fact, a U.S. bank,
supporting U.S. interests.
844
00:45:53,984 --> 00:45:57,387
For the United States holds
veto-power over decisions,
845
00:45:57,422 --> 00:45:59,940
as it is the
largest provider of capital.
846
00:46:00,264 --> 00:46:01,801
And where did
it get this money?
847
00:46:02,067 --> 00:46:02,911
You guessed it:
848
00:46:03,072 --> 00:46:04,555
It made it
out of thin air
849
00:46:04,625 --> 00:46:07,028
through the
fractional reserve banking system.
850
00:46:08,999 --> 00:46:13,789
Of the world's top 100 economies,
as based on annual GDP,
851
00:46:13,824 --> 00:46:15,804
51 are corporations.
852
00:46:15,904 --> 00:46:19,129
And 47 of that 51,
are U.S.-based.
853
00:46:19,577 --> 00:46:22,248
Walmart,
General Motors and Exxon,
854
00:46:22,318 --> 00:46:25,760
are more economically powerful
than Saudi Arabia,
855
00:46:25,810 --> 00:46:31,968
Poland, Norway, South Africa,
Finland, Indonesia and many others.
856
00:46:32,589 --> 00:46:35,882
And, as protective trade barriers
are broken down,
857
00:46:35,917 --> 00:46:39,574
currencies tossed together
and manipulated in floating markets
858
00:46:39,609 --> 00:46:41,864
and State economies
overturned
859
00:46:41,904 --> 00:46:47,572
in favor of open competition in
global capitalism, the empire expands.
860
00:46:49,506 --> 00:46:53,352
You get up on
your little 21 inch screen
861
00:46:54,788 --> 00:46:59,103
and howl about America
and democracy.
862
00:46:59,983 --> 00:47:03,987
There is no America,
there is no democracy.
863
00:47:04,721 --> 00:47:10,360
There is only IBM,
and ITT, and AT&T,
864
00:47:10,461 --> 00:47:15,489
and DuPont, Dow,
Union Carbide, and Exxon.
865
00:47:15,999 --> 00:47:19,116
Those are the nations
of the world today.
866
00:47:19,970 --> 00:47:22,861
What do you think the Russians talk
about in their counsels of state?
867
00:47:22,896 --> 00:47:24,018
Karl Marx?
868
00:47:24,274 --> 00:47:26,708
They get out their
linear programming charts,
869
00:47:26,921 --> 00:47:28,398
statistical decision theories,
870
00:47:28,433 --> 00:47:31,354
min and max solutions and
compute the price-cost probabilities
871
00:47:31,389 --> 00:47:34,334
of their transactions and investments,
just like we do.
872
00:47:34,985 --> 00:47:38,161
We no longer live in a world of
nations and ideologies, Mr. Beale.
873
00:47:39,623 --> 00:47:43,673
The world is
a college of corporations,
874
00:47:44,693 --> 00:47:48,999
inexorably determined
by the immutable
875
00:47:48,999 --> 00:47:51,156
bylaws of business.
876
00:47:53,670 --> 00:47:57,047
The world is a business,
Mr. Beale.
877
00:48:27,471 --> 00:48:31,918
The World is being taken over
by a hand-full of business powers
878
00:48:31,953 --> 00:48:34,724
who dominate the natural resources
we need to live,
879
00:48:34,759 --> 00:48:38,257
while controlling the money
we need to obtain these resources.
880
00:48:38,292 --> 00:48:41,100
The end result
will be world monopoly,
881
00:48:41,481 --> 00:48:46,044
based not on human life,
but financial and corporate power.
882
00:48:46,990 --> 00:48:49,430
And,
as the inequality grows,
883
00:48:49,480 --> 00:48:52,715
naturally, more and more people
are becoming desperate.
884
00:48:52,996 --> 00:48:56,967
So the establishment was forced
to come up with a new way to deal
885
00:48:57,002 --> 00:48:59,407
with anyone
who challenges the system.
886
00:48:59,971 --> 00:49:02,710
So they gave birth
to the 'Terrorist'.
887
00:49:03,356 --> 00:49:06,096
The term 'terrorist'
is an empty distinction
888
00:49:06,583 --> 00:49:08,762
designed for any person
or group,
889
00:49:08,797 --> 00:49:11,502
who chooses to challenge
the establishment.
890
00:49:11,748 --> 00:49:15,078
This isn't to be confused
with the fictional 'Al Qaida',
891
00:49:15,139 --> 00:49:18,088
which was actually
the name of a computer database
892
00:49:18,088 --> 00:49:21,347
of the U.S.-supported Mujahadeen
in the 1980's.
893
00:49:32,970 --> 00:49:39,418
In 2007, the Department of Defense
received 161.8 billion dollars
894
00:49:39,453 --> 00:49:42,602
for the so-called global war
on terrorism.
895
00:49:42,980 --> 00:49:45,715
According to the
National Counter-Terrorism Center,
896
00:49:45,750 --> 00:49:48,682
in 2004,
roughly 2000 people
897
00:49:48,717 --> 00:49:50,256
were killed internationally
898
00:49:50,490 --> 00:49:52,599
due to
supposed terrorist acts.
899
00:49:52,990 --> 00:49:55,451
Of that number,
70 were American.
900
00:49:55,993 --> 00:49:58,487
Using this number
as a general average,
901
00:49:58,487 --> 00:50:00,386
which is
extremely generous,
902
00:50:00,739 --> 00:50:03,473
it is interesting to note
that twice as many
903
00:50:03,508 --> 00:50:07,516
people die from peanut allergies a year,
than from terrorist acts.
904
00:50:09,072 --> 00:50:12,286
Concurrently, the leading cause
of death in America
905
00:50:12,321 --> 00:50:14,137
is coronary heart disease,
906
00:50:14,583 --> 00:50:17,757
killing roughly 450,000
each year.
907
00:50:18,419 --> 00:50:22,090
And in 2007,
the government's allocation of funds
908
00:50:22,125 --> 00:50:23,658
for research
on this issue
909
00:50:23,693 --> 00:50:25,462
was about
three billion dollars.
910
00:50:25,989 --> 00:50:29,197
This means, that the US government,
in 2007,
911
00:50:29,400 --> 00:50:33,577
spent 54 times the amount
for preventing terrorism,
912
00:50:33,830 --> 00:50:36,078
than it spent for
preventing for the disease,
913
00:50:36,138 --> 00:50:40,590
which kills 6600 times
more people annually,
914
00:50:40,625 --> 00:50:42,367
than terrorism does.
915
00:50:45,976 --> 00:50:48,468
Yet, as the name
terrorism and Al Qaida
916
00:50:48,498 --> 00:50:51,528
are arbitrarilly stamped
on every news report,
917
00:50:51,548 --> 00:50:54,799
relating to any action
taken against US interests,
918
00:50:54,851 --> 00:50:56,441
the myth grows wider.
919
00:50:56,686 --> 00:50:59,523
In mid 2008,
the US Attorney General
920
00:50:59,523 --> 00:51:02,292
actually proposed,
that the US congress
921
00:51:02,292 --> 00:51:05,353
officially declare war
against the fantasy.
922
00:51:06,163 --> 00:51:11,635
Not to mention, as of July 2008,
there are now over 1 million people
923
00:51:11,635 --> 00:51:14,971
currently on
the US terrorist watch list.
924
00:51:16,973 --> 00:51:19,301
These so called
Counter-Terrorism Measures,
925
00:51:19,360 --> 00:51:22,083
of course had nothing to do
with social protection
926
00:51:22,118 --> 00:51:25,882
and everything to do
with preserving the establishment
927
00:51:25,917 --> 00:51:28,659
amongst the growing
anti-American sentiment,
928
00:51:28,701 --> 00:51:31,202
both domestically,
and internationally,
929
00:51:31,815 --> 00:51:33,950
which is legitimately
founded on
930
00:51:33,970 --> 00:51:36,893
the greed-based
corporate empire expansion
931
00:51:36,993 --> 00:51:38,913
that is exploiting the world.
932
00:51:40,630 --> 00:51:45,068
The true terrorists of our world,
do not meet at the darks at midnight
933
00:51:45,168 --> 00:51:48,679
or scream Allah Akbar
before some violent action.
934
00:51:49,906 --> 00:51:53,908
The true terrorists of our world,
wear 5000 dollar suits
935
00:51:53,969 --> 00:51:58,891
and work in the highest positions
of finance, government and business.
936
00:52:02,586 --> 00:52:04,539
So, what do we do?
937
00:52:05,155 --> 00:52:07,747
How do we stop a system
of greed and corruption,
938
00:52:07,797 --> 00:52:09,822
that has so much
power and momentum?
939
00:52:09,993 --> 00:52:12,605
How do we stop this
aberrant group behavior,
940
00:52:12,640 --> 00:52:14,156
which feels
no compassion,
941
00:52:14,164 --> 00:52:17,787
for say, the millions slaughtered
in Iraq and Afghanistan,
942
00:52:18,168 --> 00:52:20,451
so the corporatocracy
can control
943
00:52:20,491 --> 00:52:24,775
energy resources and opium production
for Wall Street profit.
944
00:53:16,993 --> 00:53:19,796
How do we stop a system
of greed and corruption
945
00:53:19,796 --> 00:53:21,743
that condemns
poor populations
946
00:53:21,802 --> 00:53:25,104
to sweatshop slavery
for the benefit of Madison Avenue?
947
00:53:25,969 --> 00:53:29,034
Or that engineers
false-flag terror attacks
948
00:53:29,069 --> 00:53:31,136
for the sake of manipulation?
949
00:53:31,641 --> 00:53:35,008
Or that generates
built-in modes of social operation,
950
00:53:35,043 --> 00:53:37,337
which are inherently
exploited?
951
00:53:37,981 --> 00:53:41,208
Or that systematicly reduces
several liberties
952
00:53:41,238 --> 00:53:43,030
and violates human rights,
953
00:53:43,065 --> 00:53:46,663
in order to protect itself,
from it's own shortcomings?
954
00:53:47,591 --> 00:53:50,627
How do we deal with the
numerous covert institutions,
955
00:53:50,627 --> 00:53:52,568
such as
the Council on Foreign Relations,
956
00:53:52,603 --> 00:53:53,993
the Trilateral Commission,
957
00:53:54,033 --> 00:53:55,217
and the Bilderberg Group
958
00:53:55,237 --> 00:53:57,667
and other undemocratically
elected groups
959
00:53:57,667 --> 00:54:02,021
which behind closed doors
collude to control the political,
960
00:54:02,022 --> 00:54:06,410
financial, social and environmental
elements of our lives?
961
00:54:06,977 --> 00:54:10,629
In order to find the answer,
we must first find,
962
00:54:10,664 --> 00:54:12,903
the true underlying cause.
963
00:54:12,983 --> 00:54:18,917
For the fact is, the selfish, corrupt,
power and profit-based groups
964
00:54:18,952 --> 00:54:21,671
are not the true source
of the problem.
965
00:54:22,559 --> 00:54:24,280
They are symptoms.
966
00:54:40,977 --> 00:54:43,206
My name is Jacque Fresco.
967
00:54:43,980 --> 00:54:48,021
I'm an industrial designer
and a social engineer.
968
00:54:48,652 --> 00:54:51,040
I'm very much interested
in society
969
00:54:51,716 --> 00:54:56,619
and developing a system that might be
sustainable, for all people.
970
00:54:58,561 --> 00:55:02,090
First of all, the word 'corruption'
is a monetary invention,
971
00:55:02,167 --> 00:55:04,205
that aberrant behavior,
972
00:55:04,370 --> 00:55:08,057
behavior that's disruptive
for the well-being of people.
973
00:55:08,092 --> 00:55:11,496
Well, you're dealing with
human behavior.
974
00:55:11,661 --> 00:55:16,564
And human behavior appears to be
environmentally determined.
975
00:55:16,599 --> 00:55:21,243
Meaning, if you were raised by
the Seminole Indians as a baby,
976
00:55:21,278 --> 00:55:22,958
never saw anything else,
977
00:55:22,986 --> 00:55:25,076
you'd hold that value system.
978
00:55:25,111 --> 00:55:28,755
And this goes for nations,
it goes for individuals,
979
00:55:28,790 --> 00:55:32,191
for families, they try to
indoctrinate their children
980
00:55:32,638 --> 00:55:35,770
to their particular faith
and their country
981
00:55:35,771 --> 00:55:38,253
and make them feel like
they're part of that.
982
00:55:38,902 --> 00:55:43,598
And they built a society,
which they call established.
983
00:55:43,973 --> 00:55:46,758
They established
a workable point of view
984
00:55:46,793 --> 00:55:48,770
and tend
to perpetuate that.
985
00:55:48,978 --> 00:55:52,742
Whereas, all societies
are really emergent,
986
00:55:52,777 --> 00:55:54,081
not established.
987
00:55:54,651 --> 00:55:57,820
And so
they fight new ideas
988
00:55:57,821 --> 00:56:00,693
that would interfere
with the establishment.
989
00:56:01,658 --> 00:56:06,194
Goverments try to perpetuate
that which keeps them in power.
990
00:56:06,630 --> 00:56:11,550
People are not elected
to political office to change things.
991
00:56:11,601 --> 00:56:13,962
They are put there,
to keep things the way they are.
992
00:56:14,971 --> 00:56:19,687
So you see, the bases of corruption
is in our society.
993
00:56:19,843 --> 00:56:20,905
Let me make it clear.
994
00:56:20,945 --> 00:56:24,556
All nations then,
are basically corrupt
995
00:56:24,556 --> 00:56:28,140
because they tend to uphold
existing institutons.
996
00:56:28,175 --> 00:56:31,685
I don't mean to uphold
or downgrade all nations,
997
00:56:31,823 --> 00:56:36,476
but communism, socialism, fascism,
the free enterprise-system
998
00:56:36,534 --> 00:56:39,889
and all other sub-cultures
are the same.
999
00:56:39,996 --> 00:56:42,990
They are all
basically corrupt.
1000
00:56:44,435 --> 00:56:47,971
The most fundamental characteristic
of our social institutions
1001
00:56:47,971 --> 00:56:50,933
is the necessity
for self-preservation.
1002
00:56:50,974 --> 00:56:54,801
Whether dealing with a corporation,
a religion or a government,
1003
00:56:54,978 --> 00:56:58,545
the foremost interest is
to preserve the institution itself.
1004
00:56:58,982 --> 00:57:02,276
For instance, the last thing
an oil company would ever want
1005
00:57:02,286 --> 00:57:05,915
is the utilization of energy,
that was outside of it's control.
1006
00:57:05,989 --> 00:57:09,340
For it makes that company
less relevant to society.
1007
00:57:09,993 --> 00:57:14,800
Likewise the Cold War and the collapse
of the Soviet Union was, in reality,
1008
00:57:15,072 --> 00:57:16,858
a way to preserve
and perpetuate
1009
00:57:16,886 --> 00:57:20,816
the established economic and
global hegemony of the United States.
1010
00:57:22,972 --> 00:57:27,799
Similarly, religions condition people
to feel guilty for natural inclinations,
1011
00:57:27,977 --> 00:57:31,909
each claiming to offer the only path
to forgiveness and salvation.
1012
00:57:32,982 --> 00:57:35,901
At the heart of this
institutional self-preservation
1013
00:57:35,951 --> 00:57:37,860
lies the monetary system.
1014
00:57:37,987 --> 00:57:41,991
For it is money that provides
the means for power and survival.
1015
00:57:42,992 --> 00:57:44,779
Therefore,
just as a poor person
1016
00:57:44,828 --> 00:57:47,187
might be forced to steal,
in order to survive,
1017
00:57:47,430 --> 00:57:50,443
it is a natural inclination to do
whatever is needed
1018
00:57:50,462 --> 00:57:53,275
to continue
an institution's profitability.
1019
00:57:53,570 --> 00:57:57,974
This makes it inherently difficult
for profit-based institutions to change,
1020
00:57:58,009 --> 00:57:59,595
For it puts
in jeopardy,
1021
00:57:59,635 --> 00:58:02,309
not only the survival
of large groups of people,
1022
00:58:02,512 --> 00:58:05,171
but also the coveted,
materialistic lifestyles
1023
00:58:05,202 --> 00:58:07,890
associated with
affluence and power.
1024
00:58:08,918 --> 00:58:12,263
Therefore, the paralyzing necessity
to preserve an institution,
1025
00:58:12,345 --> 00:58:14,524
regardless of
its social relevance
1026
00:58:14,574 --> 00:58:18,178
is largely rooted
in the need for money or profit.
1027
00:58:23,733 --> 00:58:26,617
What's in it for me?,
is why people think.
1028
00:58:27,971 --> 00:58:31,191
And so if a man makes money
selling a certain product,
1029
00:58:31,474 --> 00:58:33,077
that's where
he's going to fight
1030
00:58:33,229 --> 00:58:37,744
the existence of another product
that may threaten his institution.
1031
00:58:39,749 --> 00:58:41,910
Therefore,
people cannot be fair.
1032
00:58:42,605 --> 00:58:45,008
And people do not
trust each other.
1033
00:58:45,043 --> 00:58:46,822
A guy will come over
to you and say,
1034
00:58:47,035 --> 00:58:48,755
I've got just the house
you're looking for,
1035
00:58:48,892 --> 00:58:50,149
he's a salesman.
1036
00:58:50,260 --> 00:58:53,138
When a doctor says,
I think your kidney has to come out,
1037
00:58:53,429 --> 00:58:56,000
I don't know if
he's trying to pay off a yacht
1038
00:58:56,478 --> 00:58:58,335
or that my kidney
has to come out.
1039
00:58:58,370 --> 00:59:02,241
It's hard in a monetary system
to trust people.
1040
00:59:02,972 --> 00:59:04,741
If you came into my store
and I said,
1041
00:59:04,741 --> 00:59:09,779
this lamp that I've got is pretty good,
but the lamp next door is much better,
1042
00:59:09,814 --> 00:59:12,797
I wouldn't be in business very long.
It wouldn't work.
1043
00:59:12,982 --> 00:59:15,449
If I were ethical,
it wouldn't work.
1044
00:59:16,085 --> 00:59:19,381
So when you say
industry cares for people,
1045
00:59:19,416 --> 00:59:20,710
that's not true.
1046
00:59:20,823 --> 00:59:23,064
They can't afford
to be ethical.
1047
00:59:23,826 --> 00:59:28,164
So your system is not designed
to serve the well-being of people.
1048
00:59:28,164 --> 00:59:33,536
If you still don't understand that,
there would be no outsourcing of jobs
1049
00:59:33,536 --> 00:59:35,373
if they cared
about people.
1050
00:59:35,772 --> 00:59:36,973
Industry does not care.
1051
00:59:36,973 --> 00:59:40,808
They only hire people because
it hasn't been automated yet.
1052
00:59:41,978 --> 00:59:44,561
So don't talk about
decency and ethics,
1053
00:59:44,952 --> 00:59:48,142
we cannot afford it
and remain in business.
1054
00:59:49,485 --> 00:59:53,489
It is important to point out that
regardless of the social system,
1055
00:59:53,489 --> 00:59:57,364
whether fascist, socialist,
capitalist or communist,
1056
00:59:57,694 --> 01:00:02,015
the underlying mechanism is still
money, labor and competition.
1057
01:00:02,999 --> 01:00:07,503
Communist China is no less
capitalistic than the United States.
1058
01:00:07,503 --> 01:00:09,604
The only difference is
the degree by which
1059
01:00:09,634 --> 01:00:12,023
the state intervenes
in enterprise.
1060
01:00:12,976 --> 01:00:17,547
The reality is that monetary-ism,
so to speak, is the true mechanism,
1061
01:00:17,547 --> 01:00:20,942
that guides the interests of
all the countries on the planet.
1062
01:00:21,818 --> 01:00:25,688
The most agressive and hence dominant
variation of this monetary-ism
1063
01:00:25,688 --> 01:00:27,533
is the free enterprise system.
1064
01:00:27,991 --> 01:00:32,121
The fundamental perspective as put
forth by early free market economists,
1065
01:00:32,156 --> 01:00:33,492
like Adam Smith,
1066
01:00:33,997 --> 01:00:38,022
is that self-interest and competition
leads to social prosperity,
1067
01:00:38,057 --> 01:00:40,514
as the act of competition
creates incentive,
1068
01:00:40,515 --> 01:00:42,995
which motivates people
to persevere.
1069
01:00:44,974 --> 01:00:46,895
However,
what isn't talked about,
1070
01:00:46,925 --> 01:00:49,297
is how a
competition-based economy
1071
01:00:49,332 --> 01:00:53,003
invariably leads to
strategic corruption, power,
1072
01:00:53,038 --> 01:00:54,384
and wealth consolidation,
1073
01:00:54,384 --> 01:00:59,522
social stratification,
technological paralysis, labor abuse
1074
01:00:59,522 --> 01:01:03,977
and ultimately a covert form
of government dictatorship
1075
01:01:03,993 --> 01:01:05,570
by the rich elite.
1076
01:01:07,630 --> 01:01:11,430
The word corruption is often
defined as moral perversion.
1077
01:01:11,701 --> 01:01:15,805
If a company dumps toxic waste
into the ocean to save money,
1078
01:01:15,805 --> 01:01:18,637
most people recognize
this as corrupt behavior.
1079
01:01:19,609 --> 01:01:20,898
On a more subtle level,
1080
01:01:21,477 --> 01:01:23,849
when Walmart moves
into a small town
1081
01:01:23,909 --> 01:01:25,982
and forces small businesses
to shut down,
1082
01:01:26,017 --> 01:01:27,701
for they are unable
to compete,
1083
01:01:27,984 --> 01:01:30,009
a grey area emerges.
1084
01:01:30,044 --> 01:01:32,540
For what exactly
is Walmart doing wrong?
1085
01:01:32,989 --> 01:01:36,428
Why should they care about the Mom
and Pop organizations they destroy?
1086
01:01:36,993 --> 01:01:39,015
Yet even more subtly,
1087
01:01:39,395 --> 01:01:43,766
when a person gets fired from their job,
because a new machine has been created,
1088
01:01:43,801 --> 01:01:45,655
which can do the work
for less money,
1089
01:01:45,968 --> 01:01:48,241
people tend to just
accept that as
1090
01:01:48,276 --> 01:01:49,561
the way it is,
1091
01:01:49,772 --> 01:01:54,334
not seen the inherent corrupt
inhumanity of such an action.
1092
01:01:54,977 --> 01:01:56,765
Because the fact is,
1093
01:01:56,979 --> 01:02:01,036
whether it is dumping toxic waste,
having a monopoly enterprise
1094
01:02:01,071 --> 01:02:03,051
or downsizing the workforce,
1095
01:02:03,086 --> 01:02:04,641
the motive is the same:
1096
01:02:04,987 --> 01:02:05,976
Profit.
1097
01:02:06,789 --> 01:02:10,758
They are all different degrees of
the same self-preserving mechanism,
1098
01:02:10,993 --> 01:02:15,556
which always puts the well-being
of people second to monetary gain.
1099
01:02:15,998 --> 01:02:21,537
Therefore, corruption is not
some byproduct of monetary-ism.
1100
01:02:21,637 --> 01:02:23,709
It is
the very foundation.
1101
01:02:24,674 --> 01:02:28,544
And while most people acknowledge
this tendency on one level or another,
1102
01:02:28,544 --> 01:02:32,582
majority remains naive as
to the broad ramifications
1103
01:02:32,815 --> 01:02:38,174
of having such a selfish mechanism
as the guiding mentality in society.
1104
01:02:38,454 --> 01:02:41,073
Internal documents show that
after this company
1105
01:02:41,074 --> 01:02:43,548
positively,
absolutely knew that
1106
01:02:43,583 --> 01:02:46,594
they had a medication that was
infected with the AIDS virus,
1107
01:02:46,662 --> 01:02:48,998
they took the product
off the market in the US,
1108
01:02:48,998 --> 01:02:51,968
and then they dumped it in France,
Europe, Asia and Latin America.
1109
01:02:52,003 --> 01:02:54,537
The US government
allowed it to happen.
1110
01:02:54,537 --> 01:02:56,758
The FDA allowed this
to happen
1111
01:02:56,849 --> 01:02:59,661
and now the government is
completely looking the other way.
1112
01:02:59,809 --> 01:03:04,714
Thousands of innocent hemophiliacs
have died from the AIDS virus.
1113
01:03:04,749 --> 01:03:07,992
This company knew absolutely
that it was infected with AIDS.
1114
01:03:08,062 --> 01:03:12,786
They dumped it because they wanted
to turn this disaster into a profit.
1115
01:03:14,824 --> 01:03:18,426
So you see,
you have built-in corruption.
1116
01:03:18,995 --> 01:03:20,876
We're all chiseling off
each other,
1117
01:03:21,330 --> 01:03:24,299
and you can't expect decency
in that sort of thing.
1118
01:03:28,404 --> 01:03:31,607
A feeling that they
don't know who to elect.
1119
01:03:31,607 --> 01:03:33,816
They think in terms
of a democracy,
1120
01:03:33,976 --> 01:03:37,752
which is not possible
in a monetary-based economy.
1121
01:03:38,748 --> 01:03:42,492
If you have more money to
advertise your position,
1122
01:03:42,527 --> 01:03:44,465
the position
you desire in government,
1123
01:03:44,854 --> 01:03:46,489
that isn't a democracy.
1124
01:03:46,589 --> 01:03:51,173
It serves those in positions
of differential advantage.
1125
01:03:51,208 --> 01:03:54,803
So it's always
a dictatorship of the elitist,
1126
01:03:54,997 --> 01:03:56,736
the financially wealthy.
1127
01:04:04,474 --> 01:04:06,499
It is
an interesting observation
1128
01:04:06,510 --> 01:04:09,347
to note how
seemingly unknown personalities,
1129
01:04:09,382 --> 01:04:12,893
magically appear on the scene
as presidential candidates.
1130
01:04:12,982 --> 01:04:14,744
Then before
you know it,
1131
01:04:14,951 --> 01:04:16,601
somehow you are left
to choose from
1132
01:04:16,641 --> 01:04:19,722
a small group of
extremely wealthy people
1133
01:04:19,757 --> 01:04:23,414
who suspiciously have
the same broad social view.
1134
01:04:24,627 --> 01:04:26,028
Obviously,
it's a joke.
1135
01:04:26,495 --> 01:04:28,764
The people placed on
the ballot are done so
1136
01:04:28,764 --> 01:04:31,868
because they have been
pre-decided to be acceptable
1137
01:04:31,903 --> 01:04:35,085
by the established financial powers,
who actually run the show.
1138
01:04:36,973 --> 01:04:41,578
Yet many who understand this
illusion of democracy, often think,
1139
01:04:41,778 --> 01:04:46,282
"If only we could just get our honest,
ethical politicians in power,
1140
01:04:46,482 --> 01:04:48,194
then we would be okay."
1141
01:04:48,851 --> 01:04:51,621
Well, while this idea of
course seems reasonable
1142
01:04:51,621 --> 01:04:54,489
in our established,
oriented world view,
1143
01:04:54,757 --> 01:04:58,188
it is unfortunately
another fallacy.
1144
01:04:58,995 --> 01:05:02,999
For when it really comes down
to what is actually important,
1145
01:05:02,999 --> 01:05:06,969
the institution of politics
and thus politicians themselves,
1146
01:05:06,969 --> 01:05:10,282
have absolutely
no true relevance
1147
01:05:10,293 --> 01:05:13,751
as to what makes
our world and society function.
1148
01:05:14,610 --> 01:05:17,880
It's not politicians
that can solve problems.
1149
01:05:17,980 --> 01:05:20,860
They have
no technical capabilities.
1150
01:05:20,983 --> 01:05:22,978
They don't know
how to solve problems.
1151
01:05:23,013 --> 01:05:27,194
Even if they were sincere,
they don't know how to solve problems.
1152
01:05:27,229 --> 01:05:31,580
It's the technicians that
produce the desalinization plants.
1153
01:05:31,994 --> 01:05:34,453
It's the technicians
that give you electricity.
1154
01:05:34,797 --> 01:05:36,266
That give you
motor vehicles.
1155
01:05:36,301 --> 01:05:39,181
That heat your house and cool it
in the summer time.
1156
01:05:39,368 --> 01:05:42,037
It's technology
that solves problems,
1157
01:05:42,137 --> 01:05:43,424
not politics.
1158
01:05:43,459 --> 01:05:47,877
Politics cannot solve problems
'cause they are not trained to do so.
1159
01:05:48,978 --> 01:05:52,002
Very few people today
stop and consider
1160
01:05:52,037 --> 01:05:55,436
what it is that actually
improves their lives.
1161
01:05:55,985 --> 01:05:58,321
Is it money?
Obviously not.
1162
01:05:58,587 --> 01:06:02,609
One cannot eat money or stuff money
into their car to get it to run.
1163
01:06:02,992 --> 01:06:04,632
Is it politics?
1164
01:06:04,994 --> 01:06:07,997
All politicians can do
is create laws,
1165
01:06:07,997 --> 01:06:10,595
establish budgets
and declare war.
1166
01:06:11,434 --> 01:06:12,425
Is it religion?
1167
01:06:12,702 --> 01:06:15,871
Of course not,
religion creates nothing except
1168
01:06:15,871 --> 01:06:19,010
intangible emotional solace
for those who require it.
1169
01:06:19,776 --> 01:06:23,310
The true gift that
we as human beings have,
1170
01:06:23,780 --> 01:06:26,574
which has been solely
responsible for everything
1171
01:06:26,609 --> 01:06:28,532
that has improved
our lives,
1172
01:06:28,985 --> 01:06:30,215
is technology.
1173
01:06:31,721 --> 01:06:32,998
What is technology?
1174
01:06:33,033 --> 01:06:34,750
Technology
is a pencil,
1175
01:06:34,891 --> 01:06:38,650
which allows one to solidify ideas
on paper for communication.
1176
01:06:38,995 --> 01:06:40,955
Technology
is an automobile,
1177
01:06:41,006 --> 01:06:44,336
which allows one to travel faster
than feet would allow.
1178
01:06:44,767 --> 01:06:46,970
Technology
is a pair of eye glasses,
1179
01:06:47,005 --> 01:06:49,548
which enables sight
for those who need it.
1180
01:06:50,973 --> 01:06:53,044
Applied technology
itself,
1181
01:06:53,085 --> 01:06:56,545
is merely and extension
of human attributes,
1182
01:06:56,545 --> 01:06:58,257
which reduces
human effort,
1183
01:06:58,365 --> 01:07:01,366
freeing humans from
a particular chore or problem.
1184
01:07:01,884 --> 01:07:05,361
Imagine what your life would be like
today without a telephone,
1185
01:07:05,554 --> 01:07:06,722
or an oven,
1186
01:07:06,722 --> 01:07:07,820
or a computer,
1187
01:07:07,990 --> 01:07:09,141
or an airplane.
1188
01:07:09,558 --> 01:07:12,241
Everything in your home,
which you take for granted,
1189
01:07:12,276 --> 01:07:13,315
from a doorbell,
1190
01:07:13,436 --> 01:07:14,497
to a table,
1191
01:07:14,497 --> 01:07:15,735
to a dishwasher,
1192
01:07:15,998 --> 01:07:17,047
is technology,
1193
01:07:17,268 --> 01:07:20,732
generated from
the creative scientific ingenuity
1194
01:07:20,767 --> 01:07:22,467
of human technicians.
1195
01:07:22,972 --> 01:07:26,266
Not money,
politics or religion.
1196
01:07:26,976 --> 01:07:29,436
These are
false institutions.
1197
01:07:29,979 --> 01:07:33,230
...and writing your
congressman is fantastic.
1198
01:07:33,583 --> 01:07:35,185
They tell you to write
to your congressman
1199
01:07:35,220 --> 01:07:36,587
if you want
something done.
1200
01:07:36,686 --> 01:07:40,571
The men in Washington should be
at the forefront of technology.
1201
01:07:40,790 --> 01:07:42,478
The forefront
of human study.
1202
01:07:42,692 --> 01:07:44,175
The forefront
of crime.
1203
01:07:44,394 --> 01:07:47,076
All the factors
that shape human behavior.
1204
01:07:47,530 --> 01:07:49,228
You don't have
to write your congressman.
1205
01:07:49,432 --> 01:07:53,202
What kind of people are they
that are appointed to do that job?
1206
01:07:53,969 --> 01:07:56,367
The future will have
great difficulty...
1207
01:07:56,972 --> 01:08:00,611
And the question that's raised
by politicians is:
1208
01:08:00,646 --> 01:08:02,524
How much
will a project cost?
1209
01:08:02,978 --> 01:08:05,856
The question is not
how much will it cost.
1210
01:08:05,981 --> 01:08:07,969
Do we have
the resources?
1211
01:08:08,431 --> 01:08:12,392
And we have the resources today
to house everyone,
1212
01:08:12,427 --> 01:08:14,818
build hospitals
all over the world,
1213
01:08:14,948 --> 01:08:17,214
build schools
all over the world,
1214
01:08:17,463 --> 01:08:19,535
the finest equipment
in labs
1215
01:08:19,586 --> 01:08:22,326
for teaching
and doing medical research.
1216
01:08:22,998 --> 01:08:27,214
So you see, we have all that,
but we're in a monetary system,
1217
01:08:27,403 --> 01:08:30,335
and in a monetary system,
there's profit.
1218
01:08:31,974 --> 01:08:35,978
And what is the fundamental mechanism
that drives the profit system
1219
01:08:35,978 --> 01:08:37,366
besides self-interest?
1220
01:08:37,880 --> 01:08:41,667
What is it exactly that maintains
that competitive edge at it's core?
1221
01:08:41,984 --> 01:08:44,587
Is it high efficiency
and sustainability?
1222
01:08:45,421 --> 01:08:48,300
No.
That isn't part of their design.
1223
01:08:48,591 --> 01:08:50,936
Nothing produced
in our profit-based society
1224
01:08:50,987 --> 01:08:53,459
is even remotely sustainable
or efficient.
1225
01:08:53,596 --> 01:08:54,670
If it was,
there wouldn't be
1226
01:08:54,691 --> 01:08:58,489
a multi-million dollar a year
service industry for automobiles.
1227
01:08:58,768 --> 01:09:01,342
Nor would the average lifespan
for most electronics
1228
01:09:01,377 --> 01:09:02,772
be less than
three months
1229
01:09:02,807 --> 01:09:04,168
before they're obsolete.
1230
01:09:05,774 --> 01:09:06,973
Is it abundance?
1231
01:09:07,610 --> 01:09:08,652
Absolutely not.
1232
01:09:08,878 --> 01:09:11,801
Abundance, as based on the
laws of supply and demand,
1233
01:09:11,981 --> 01:09:13,732
is actually
a negative thing.
1234
01:09:13,983 --> 01:09:16,225
If a diamond company
finds ten times
1235
01:09:16,275 --> 01:09:18,857
the usual amount of diamonds
during their mining,
1236
01:09:18,988 --> 01:09:21,591
it means the supply of diamonds
has increased,
1237
01:09:21,626 --> 01:09:25,023
which means the cost and profit
per diamond drops.
1238
01:09:25,695 --> 01:09:29,515
The fact is: efficiency,
sustainability and abundance
1239
01:09:29,565 --> 01:09:31,645
are enemies of profit.
1240
01:09:31,967 --> 01:09:33,388
To put it
into a word,
1241
01:09:33,769 --> 01:09:38,025
it is the mechanism of scarcity
that increases profits.
1242
01:09:40,976 --> 01:09:42,265
What is scarcity?
1243
01:09:42,611 --> 01:09:44,902
Based on
keeping products valuable.
1244
01:09:44,980 --> 01:09:48,544
Slowing up production on oil
raises the price.
1245
01:09:48,984 --> 01:09:52,484
Maintaining scarcity of diamonds
keeps the price high.
1246
01:09:52,788 --> 01:09:55,932
They burn diamonds
at the Kimberly Diamond Mine.
1247
01:09:55,967 --> 01:09:57,078
They're
made of carbon.
1248
01:09:57,113 --> 01:09:58,671
That keeps
the price up.
1249
01:09:58,994 --> 01:10:02,998
So then, what does it mean
for society when scarcity,
1250
01:10:02,998 --> 01:10:06,071
either produced naturally
or through manipulation
1251
01:10:06,235 --> 01:10:09,174
is a beneficial condition
for industry?
1252
01:10:11,107 --> 01:10:13,704
It means that
sustainability and abundance
1253
01:10:13,744 --> 01:10:17,314
will never ever occur
in a profit system.
1254
01:10:17,426 --> 01:10:21,469
For it simply goes against
the very nature of the structure.
1255
01:10:21,784 --> 01:10:27,511
Therefore, it is impossible to have
a world without war or poverty.
1256
01:10:27,990 --> 01:10:31,794
It is impossible to
continually advance technology
1257
01:10:31,829 --> 01:10:34,430
to its most efficient
and productive states.
1258
01:10:34,997 --> 01:10:36,521
And most dramatically,
1259
01:10:36,999 --> 01:10:41,297
it is impossible to expect
human beings to behave
1260
01:10:41,332 --> 01:10:44,057
in truly ethical
or decent ways.
1261
01:10:50,779 --> 01:10:52,805
People use the word
'instinct'
1262
01:10:53,220 --> 01:10:56,614
because they can't account
for the behavior.
1263
01:10:56,986 --> 01:11:02,506
They sit back and they evaluate with
their lack of knowledge, you know,
1264
01:11:02,692 --> 01:11:04,605
and they say things like,
1265
01:11:04,994 --> 01:11:08,449
"Humans are built a certain way,
greed is a natural thing,"
1266
01:11:08,530 --> 01:11:10,523
as though they'd worked
for years on it.
1267
01:11:10,558 --> 01:11:13,647
And it's no more natural
than wearing clothing.
1268
01:11:13,969 --> 01:11:16,633
What we want to do
is to eliminate
1269
01:11:17,339 --> 01:11:19,476
the causes
of the problems.
1270
01:11:19,708 --> 01:11:22,180
Eliminate
the processes that
1271
01:11:22,778 --> 01:11:26,331
produce greed,
and bigotry, and prejudice,
1272
01:11:26,782 --> 01:11:30,275
and people taking advantage
of one another, and elitism.
1273
01:11:30,686 --> 01:11:35,576
Eliminating the need
for prisons and welfare.
1274
01:11:35,891 --> 01:11:37,479
We have always had
these problems because
1275
01:11:37,514 --> 01:11:39,790
we have always lived
within scarcity,
1276
01:11:39,995 --> 01:11:45,273
and barter, and monetary systems
that produce scarcity.
1277
01:11:45,303 --> 01:11:49,538
If you eradicate
the conditions that generate
1278
01:11:49,538 --> 01:11:52,076
what you call
'socially offensive behavior,'
1279
01:11:52,174 --> 01:11:53,534
it does not exist.
1280
01:11:53,976 --> 01:11:56,093
A guy says:
Well listen, are they in-born?
1281
01:11:56,545 --> 01:11:57,917
No, it's not.
1282
01:11:57,980 --> 01:12:00,940
There is no human nature,
there's human behavior,
1283
01:12:00,983 --> 01:12:03,786
and that's always been
changed throughout history.
1284
01:12:03,821 --> 01:12:06,118
You're not born
with bigotry,
1285
01:12:06,159 --> 01:12:09,403
and greed, and corruption,
and hatred.
1286
01:12:09,692 --> 01:12:12,257
You pick that up
within the society.
1287
01:12:13,729 --> 01:12:17,966
War, poverty, corruption,
hunger, misery, human suffering
1288
01:12:17,966 --> 01:12:20,404
will not change
in a monetary system.
1289
01:12:20,439 --> 01:12:23,883
That is, there will be
very little significant change.
1290
01:12:23,972 --> 01:12:27,755
It's going to take
the redesigning of our culture,
1291
01:12:27,776 --> 01:12:28,846
our values,
1292
01:12:28,977 --> 01:12:32,726
and it has to be related
to the carrying capacity of the earth,
1293
01:12:32,781 --> 01:12:37,377
not some human opinion,
or some politicians notions
1294
01:12:37,486 --> 01:12:39,314
of the way the world
ought to be.
1295
01:12:39,655 --> 01:12:44,482
Or some religion's notions
of the conduct of human affairs.
1296
01:12:44,993 --> 01:12:48,026
And that's what
The Venus Project is about.
1297
01:12:49,998 --> 01:12:52,937
The society,
that we're about to talk about,
1298
01:12:52,968 --> 01:12:57,973
is a society that is free
of all the old superstitions,
1299
01:12:57,973 --> 01:13:03,003
incarceration, prisons,
police, cruelty and law.
1300
01:13:03,172 --> 01:13:05,116
All laws will disappear
1301
01:13:05,247 --> 01:13:09,129
and the professions will disappear,
that are no longer valid,
1302
01:13:09,184 --> 01:13:12,988
such as stockbrokers,
bankers, advertising...
1303
01:13:12,988 --> 01:13:15,023
Gone!
Forever!
1304
01:13:15,058 --> 01:13:17,809
Because it's
no longer relevant.
1305
01:13:20,429 --> 01:13:23,009
When we understand
that it is technology
1306
01:13:23,044 --> 01:13:24,949
devised
by human ingenuity
1307
01:13:24,984 --> 01:13:28,102
which frees humanity
and increases our quality of life
1308
01:13:28,170 --> 01:13:32,003
we then realize, that the most
important focus we can have
1309
01:13:32,038 --> 01:13:36,182
is on the intelligent management
of the earth's resources.
1310
01:13:36,311 --> 01:13:38,548
For it is from
these natural resources,
1311
01:13:38,583 --> 01:13:41,877
we gain the materials
to continue our path of prosperity.
1312
01:13:42,784 --> 01:13:44,787
Understanding this,
we then see,
1313
01:13:44,822 --> 01:13:48,991
that money fundamentally exists
as a barrier to these resources,
1314
01:13:49,026 --> 01:13:51,884
for virtually,
everything has a financial cause.
1315
01:13:52,628 --> 01:13:55,378
And why do we need money
to obtain these resources?
1316
01:13:55,697 --> 01:13:58,513
Because of real
or assumed scarcity.
1317
01:14:00,469 --> 01:14:03,442
We don't usually pay
for air and tap water,
1318
01:14:03,505 --> 01:14:05,466
because it is
in such high abundance,
1319
01:14:05,507 --> 01:14:07,169
selling it
would be pointless.
1320
01:14:08,143 --> 01:14:10,412
So then,
logically speaking,
1321
01:14:10,447 --> 01:14:12,263
if resources
and technologies,
1322
01:14:12,303 --> 01:14:15,134
applicable to creating
everything in our societies
1323
01:14:15,217 --> 01:14:17,558
such as houses, cities
and transportation,
1324
01:14:18,223 --> 01:14:20,187
were in
high enough abundance,
1325
01:14:20,222 --> 01:14:22,625
there would be no reason
to sell anything.
1326
01:14:23,892 --> 01:14:26,509
Likewise,
if automation and machinery
1327
01:14:26,544 --> 01:14:28,548
was so technologically
advanced,
1328
01:14:28,597 --> 01:14:30,764
as to relieve
human beings of labor
1329
01:14:30,999 --> 01:14:33,009
there would be no reason
to have a job.
1330
01:14:33,669 --> 01:14:36,034
And with these social aspects
taking care of,
1331
01:14:36,338 --> 01:14:38,378
there would be no reason
to have money at all.
1332
01:14:40,275 --> 01:14:42,014
So the ultimate question
remains:
1333
01:14:42,978 --> 01:14:45,881
Do we on earth
have enough resources
1334
01:14:45,916 --> 01:14:47,486
and technological
understanding
1335
01:14:47,616 --> 01:14:50,269
to create a society
of such abundance,
1336
01:14:50,304 --> 01:14:53,849
that everything we have now
could be available without a price tag
1337
01:14:53,989 --> 01:14:56,720
and without the need for submission
through employment?
1338
01:14:58,527 --> 01:14:59,967
Yes, we do.
1339
01:15:01,196 --> 01:15:03,358
We have the resources
and technology
1340
01:15:03,365 --> 01:15:05,601
to enable this
at a minimum
1341
01:15:05,601 --> 01:15:09,130
along with the ability to raise
the standards of living so high
1342
01:15:09,438 --> 01:15:12,879
that people in the future will
look back at our civilisation now
1343
01:15:12,975 --> 01:15:17,914
and gawk at how primitive
and immature our society was.
1344
01:15:18,981 --> 01:15:20,852
What The Venus Project
proposes
1345
01:15:21,049 --> 01:15:23,096
is an entirely
different system
1346
01:15:23,218 --> 01:15:26,650
that's updated
to present day knowledge.
1347
01:15:26,989 --> 01:15:29,391
We've never given scientists
the problem of
1348
01:15:29,426 --> 01:15:33,956
How do you design a society which would
eliminate boring and monotonous jobs,
1349
01:15:33,996 --> 01:15:38,376
that would eliminate accidents
in transportation,
1350
01:15:38,634 --> 01:15:41,480
that would enable people
to have a high standard of living,
1351
01:15:41,803 --> 01:15:44,901
that would eliminate poisons
in our food,
1352
01:15:44,973 --> 01:15:48,663
give us other sources of energy,
that are clean and efficient.
1353
01:15:48,810 --> 01:15:50,608
We can do that
out there.
1354
01:15:56,018 --> 01:15:57,706
The major difference
between
1355
01:15:57,736 --> 01:16:00,713
a resource-based economy
and a monetary system,
1356
01:16:00,756 --> 01:16:04,515
is that a resource-based economy
is really concerned with people
1357
01:16:04,526 --> 01:16:05,441
and their well-being
1358
01:16:05,794 --> 01:16:08,848
where the monetary system
has become so distorted
1359
01:16:08,889 --> 01:16:12,289
that the concerns of the people
are really secondary,
1360
01:16:12,378 --> 01:16:13,579
if they're there
at all.
1361
01:16:13,869 --> 01:16:16,356
Products that are turned out
are for
1362
01:16:16,638 --> 01:16:18,142
how much money
you can get.
1363
01:16:18,173 --> 01:16:21,612
If there is a problem in society
and you can't earn money
1364
01:16:21,647 --> 01:16:24,367
from solving that problem,
then it won't be done.
1365
01:16:24,980 --> 01:16:27,558
The resource-based economy
is really not close
1366
01:16:27,593 --> 01:16:29,273
to anything
that's been tried.
1367
01:16:29,384 --> 01:16:32,337
And with all our technology today,
we can create abundance.
1368
01:16:32,438 --> 01:16:35,340
It could be used to improve
everyone's lifestyle.
1369
01:16:35,490 --> 01:16:38,894
Abundance all over the world,
if we use our technology wisely
1370
01:16:38,994 --> 01:16:40,497
and maintain
the environment.
1371
01:16:40,796 --> 01:16:42,671
It's a very different system
1372
01:16:42,798 --> 01:16:44,639
and it's very hard
to talk about
1373
01:16:44,767 --> 01:16:47,968
because the public is not
that well enough informed
1374
01:16:48,170 --> 01:16:50,491
as to the
state of technology.
1375
01:16:55,978 --> 01:16:59,217
At present,
we don't have to burn fossil fuels.
1376
01:16:59,581 --> 01:17:03,445
We don't have to use anything
that would contaminate the environment.
1377
01:17:03,652 --> 01:17:06,785
There are many sources
of energy available.
1378
01:17:07,990 --> 01:17:11,031
Alternative energy solutions
pushed by the establishment,
1379
01:17:11,131 --> 01:17:13,898
such as hydrogen,
biomass and even nuclear
1380
01:17:14,099 --> 01:17:16,495
are highly insufficient,
dangerous,
1381
01:17:16,565 --> 01:17:19,384
and exist only to perpetuate
the profit structure
1382
01:17:19,419 --> 01:17:20,599
the industry has created.
1383
01:17:21,370 --> 01:17:25,009
When we look beyond the propaganda
and self-serving solutions
1384
01:17:25,044 --> 01:17:27,275
put forth by
the energy companies,
1385
01:17:27,275 --> 01:17:29,745
we find a
seemingly endless stream
1386
01:17:29,780 --> 01:17:33,220
of clean, abundant and renewable energy
for generating power.
1387
01:17:34,449 --> 01:17:37,086
Solar and wind energy
are well known to the public.
1388
01:17:37,093 --> 01:17:40,205
But the true potential of these mediums
remains unexpressed.
1389
01:17:40,989 --> 01:17:43,249
Solar energy,
derived from the sun,
1390
01:17:43,292 --> 01:17:47,205
has such abundance,
that one hour of light at high noon
1391
01:17:47,462 --> 01:17:51,864
contains more energy than what
the entire world consumes in a year.
1392
01:17:51,967 --> 01:17:55,528
If we could capture one-hundreth
of a percent of this energy,
1393
01:17:55,971 --> 01:17:59,452
the world would never have
to use oil, gas or anything else.
1394
01:17:59,975 --> 01:18:02,250
The questioning
is not availability,
1395
01:18:02,411 --> 01:18:04,218
but the technology
to harness it.
1396
01:18:04,746 --> 01:18:06,882
And there are many
advanced mediums today
1397
01:18:06,982 --> 01:18:08,651
which could accomplish
just that,
1398
01:18:09,074 --> 01:18:10,543
if they were
not hindered
1399
01:18:10,594 --> 01:18:13,106
by the need
to compete for market share
1400
01:18:13,141 --> 01:18:15,757
with the established
energy power structures.
1401
01:18:16,992 --> 01:18:18,259
Then there's wind energy.
1402
01:18:18,827 --> 01:18:21,145
Wind energy has long been
denounced as weak
1403
01:18:21,396 --> 01:18:24,605
and, due to being location driven,
impractical.
1404
01:18:24,966 --> 01:18:26,401
This is
simply not true.
1405
01:18:26,768 --> 01:18:29,904
The US Department of Energy
admitted in 2007
1406
01:18:29,971 --> 01:18:34,831
that if wind was fully harvested
in just three of America's 50 states,
1407
01:18:34,976 --> 01:18:37,351
it could power
the entire nation.
1408
01:18:38,980 --> 01:18:43,134
And then there are the rather unknown
mediums of tidal and wave power.
1409
01:18:43,819 --> 01:18:46,821
Tidal power is derived
from tidal shifts in the ocean.
1410
01:18:46,988 --> 01:18:50,546
Installing turbines which capture
this movement, generates energy.
1411
01:18:51,159 --> 01:18:52,354
In the United Kingdom,
1412
01:18:52,394 --> 01:18:54,909
42 sites are currently noted
as available,
1413
01:18:55,130 --> 01:18:59,059
forecasting that
34% of all the UK's energy
1414
01:18:59,094 --> 01:19:01,451
could come
from tidal power alone.
1415
01:19:02,971 --> 01:19:07,104
Wave power, which extracts energy
from the surface motions of the ocean,
1416
01:19:07,476 --> 01:19:09,828
is estimated
to have a global potential
1417
01:19:09,859 --> 01:19:12,733
of up to
80,000 terawatt-hours a year.
1418
01:19:13,381 --> 01:19:17,419
This means 50% of
the entire planet's energy usage
1419
01:19:17,454 --> 01:19:19,749
could be produced
from this medium alone.
1420
01:19:21,523 --> 01:19:26,645
Now, it is important to point out
that tidal, wave, solar and wind power
1421
01:19:26,995 --> 01:19:30,284
requires virtually
no preliminary energy to harness,
1422
01:19:30,465 --> 01:19:35,317
unlike coal, oil, gas, biomass,
hydrogen and all the others.
1423
01:19:35,971 --> 01:19:37,955
In combination,
these four mediums alone,
1424
01:19:38,191 --> 01:19:40,369
if efficiently harnessed
through technology,
1425
01:19:40,409 --> 01:19:42,897
could power
the world forever.
1426
01:19:44,166 --> 01:19:45,135
That being said,
1427
01:19:45,174 --> 01:19:48,542
there happens to be another form
of clean renewable energy,
1428
01:19:48,577 --> 01:19:50,154
which trumps them all.
1429
01:19:50,752 --> 01:19:52,580
Geothermal power.
1430
01:19:53,421 --> 01:19:56,776
Geothermal energy utilizes
what is called heat mining,
1431
01:19:56,792 --> 01:19:59,122
which, through
a simple process using water,
1432
01:19:59,155 --> 01:20:02,116
is able to generate
massive amounts of clean energy.
1433
01:20:02,798 --> 01:20:06,150
In 2006, an MIT report
on geothermal energy
1434
01:20:06,401 --> 01:20:11,034
found that 13,000 zetajules of power
are currently available in the earth
1435
01:20:11,439 --> 01:20:13,832
with the possibility of
2,000 zetajules
1436
01:20:13,872 --> 01:20:16,902
being easily tapable
with improved technology.
1437
01:20:17,679 --> 01:20:19,131
The total energy
consumption
1438
01:20:19,183 --> 01:20:20,758
of all the countries
on the planet
1439
01:20:20,798 --> 01:20:23,174
is about
half of a zetajule a year.
1440
01:20:23,485 --> 01:20:26,709
This means about
4000 years of planetary power
1441
01:20:26,759 --> 01:20:27,916
could be harnessed
1442
01:20:27,923 --> 01:20:29,374
in this medium alone.
1443
01:20:30,392 --> 01:20:33,017
And when we understand
that the earth's heat generation
1444
01:20:33,052 --> 01:20:34,239
is constantly renewed,
1445
01:20:34,529 --> 01:20:36,357
this energy
is really limitless.
1446
01:20:36,598 --> 01:20:38,252
It could be used
forever.
1447
01:20:39,601 --> 01:20:44,206
These energy sources are only a few
of the clean renewable mediums available
1448
01:20:44,306 --> 01:20:47,073
and as time goes on,
we will find more.
1449
01:20:47,342 --> 01:20:51,156
The grand realization is that
we have total energy abundance
1450
01:20:51,191 --> 01:20:53,226
without the need
for pollution,
1451
01:20:53,415 --> 01:20:57,221
traditional conservation,
or in fact, a price tag.
1452
01:20:59,621 --> 01:21:01,548
And what about
transportation?
1453
01:21:02,591 --> 01:21:04,419
The prevailing means
of transportation
1454
01:21:04,454 --> 01:21:07,376
in our societies
is by automobile and aircraft,
1455
01:21:07,662 --> 01:21:10,536
both of which predominantly
need fossil fuels to run.
1456
01:21:10,999 --> 01:21:14,336
In the case of the automobile,
the battery technology needed
1457
01:21:14,336 --> 01:21:17,718
to power an electric car that can go
over a hundred miles an hour,
1458
01:21:17,873 --> 01:21:20,181
for over two hundred miles
on one charge,
1459
01:21:20,216 --> 01:21:23,142
exists and has existed
for many years.
1460
01:21:23,177 --> 01:21:26,400
However, due to battery patents,
controlled by the oil industry,
1461
01:21:26,435 --> 01:21:29,156
which limits their ability
to maintain market share,
1462
01:21:29,191 --> 01:21:32,121
coupled with political pressure
from the energy industry,
1463
01:21:32,156 --> 01:21:36,189
the accessibility and affordability
of this technology is limited.
1464
01:21:36,992 --> 01:21:38,617
There is absolutely
no reason,
1465
01:21:38,652 --> 01:21:40,893
other than pure,
corrupt profit interests,
1466
01:21:40,996 --> 01:21:42,931
that every single vehicle
in the world
1467
01:21:42,966 --> 01:21:47,537
cannot be electric and utterly clean,
with zero need for gasoline.
1468
01:21:48,536 --> 01:21:49,819
As far as airplanes,
1469
01:21:49,971 --> 01:21:53,269
it is time we realize that
this means of travel is inefficient,
1470
01:21:53,304 --> 01:21:56,940
cumbersome, slow
and causes far too much pollution.
1471
01:21:57,712 --> 01:21:59,544
This is a MagLev train.
1472
01:21:59,981 --> 01:22:02,359
It uses magnets
for propulsion.
1473
01:22:02,784 --> 01:22:05,259
It is fully suspended
by a magnetic field
1474
01:22:05,309 --> 01:22:09,434
and requires less then two percent
of the energy used for plane travel.
1475
01:22:09,991 --> 01:22:12,586
The train has no wheels,
so nothing can wear out.
1476
01:22:12,994 --> 01:22:15,669
The current maximum speed of
versions of this technology,
1477
01:22:15,729 --> 01:22:18,151
of this technology,
as used in Japan,
1478
01:22:18,498 --> 01:22:20,725
is three hundred and sixty one
miles per hour.
1479
01:22:20,969 --> 01:22:24,717
However, this version of the technology
is very dated.
1480
01:22:25,707 --> 01:22:27,712
An organisation called ET-3
1481
01:22:27,761 --> 01:22:29,968
which has connections
with The Venus Project,
1482
01:22:29,978 --> 01:22:32,585
has established
a tube-based MagLev
1483
01:22:32,801 --> 01:22:36,067
that can travel
up to 4000 miles per hour
1484
01:22:36,102 --> 01:22:41,275
in a motionless, frictionless tube,
which can go over land or under water.
1485
01:22:41,990 --> 01:22:45,465
Imagine going from L.A to New York
for an extended lunchbreak
1486
01:22:45,894 --> 01:22:49,684
or from Washington D.C.
to Beijing, China, in two hours.
1487
01:22:49,998 --> 01:22:54,056
This is the future of continental
and intercontinental travel.
1488
01:22:54,470 --> 01:22:58,328
Fast, clean, with only
a fraction of the energy usage
1489
01:22:58,367 --> 01:23:01,010
we use today
for the same means.
1490
01:23:01,676 --> 01:23:03,906
In fact,
between MagLev technology,
1491
01:23:03,946 --> 01:23:06,982
advanced battery storage
and geothermal energy,
1492
01:23:07,549 --> 01:23:10,540
there will be no reason
to ever burn fossil fuels again.
1493
01:23:10,986 --> 01:23:12,606
And we can do this now,
1494
01:23:12,699 --> 01:23:16,351
if we were not held back
by the paralyzing profit structure.
1495
01:23:20,762 --> 01:23:24,137
Now America is inclined
toward fascism.
1496
01:23:24,299 --> 01:23:27,803
It has a propensity by
its dominant philosophy
1497
01:23:27,838 --> 01:23:31,400
and religion to uphold
to fascist point of view.
1498
01:23:31,706 --> 01:23:36,095
American industry is essencially
a fascist institution.
1499
01:23:36,444 --> 01:23:37,656
If you don't
understand that,
1500
01:23:37,686 --> 01:23:41,567
the minute you punch that time clock,
you walk into a dictatorship.
1501
01:23:41,750 --> 01:23:46,223
We're given notions
about the respectibility of work.
1502
01:23:46,488 --> 01:23:50,224
And I realy look at it
as being paid slavery.
1503
01:23:50,992 --> 01:23:52,248
You brought up
to believe that
1504
01:23:52,288 --> 01:23:55,303
you shall earn your living
by the sweat of your brow.
1505
01:23:55,485 --> 01:23:57,417
That holds people back.
1506
01:23:57,999 --> 01:23:59,565
Freeing people
1507
01:23:59,795 --> 01:24:03,527
from drudgery, repetitive jobs
which make them ignorant.
1508
01:24:03,672 --> 01:24:05,027
You rob them.
1509
01:24:05,974 --> 01:24:09,431
In our society, that is
a resourced-based economy,
1510
01:24:09,588 --> 01:24:11,691
machines free people.
1511
01:24:11,980 --> 01:24:14,482
You see,
we can't imagine that because
1512
01:24:14,483 --> 01:24:16,866
we've never known
that kind of world.
1513
01:24:21,456 --> 01:24:22,883
If we look back
at history,
1514
01:24:23,058 --> 01:24:26,370
we see a very clear pattern
of machine automation,
1515
01:24:26,405 --> 01:24:28,666
slowly replacing
human labour.
1516
01:24:29,330 --> 01:24:31,866
From the disappearance
of the elevator man
1517
01:24:31,901 --> 01:24:35,227
to the near full automation of
an automobile production plant,
1518
01:24:35,570 --> 01:24:40,341
the fact is, as technology grows
the need for humans in the work force
1519
01:24:40,341 --> 01:24:42,014
will continually be
diminished.
1520
01:24:42,811 --> 01:24:44,968
This creates
a serious clash,
1521
01:24:44,979 --> 01:24:49,747
which proves the falsness of
the monetary-based labor system,
1522
01:24:49,984 --> 01:24:53,521
for human employment
is in direct competition
1523
01:24:53,593 --> 01:24:55,536
with technological
developement.
1524
01:24:55,990 --> 01:25:00,241
Therefore, given the fundamental
priority of profit by industry,
1525
01:25:00,662 --> 01:25:03,460
people through time
will be continually layed off
1526
01:25:03,495 --> 01:25:05,285
and replaced by machine.
1527
01:25:05,800 --> 01:25:10,006
When industry takes on a machine
instead of shortening the work day,
1528
01:25:10,041 --> 01:25:11,172
they downsize.
1529
01:25:11,207 --> 01:25:15,053
You loose your job
so you have a right to fear machines.
1530
01:25:15,643 --> 01:25:18,522
In a high technology,
resourced-based economy,
1531
01:25:18,980 --> 01:25:23,699
It is conservative to say that
about 90% of all current occupations
1532
01:25:23,752 --> 01:25:25,887
could be phased out
by machines,
1533
01:25:25,987 --> 01:25:29,670
freeing humans to live their life
without servitude.
1534
01:25:29,991 --> 01:25:32,588
For this is the point
of technology itself.
1535
01:25:32,994 --> 01:25:35,688
And through time,
with nanotechnology
1536
01:25:35,723 --> 01:25:38,106
and other highly advanced
forms of science,
1537
01:25:38,141 --> 01:25:41,631
it is not farfetched to see
how even complex
1538
01:25:41,661 --> 01:25:43,860
medical procedures
could be performed
1539
01:25:43,895 --> 01:25:45,047
by machines,
as well.
1540
01:25:47,068 --> 01:25:47,071
And based
on the pattern
1541
01:25:47,127 --> 01:25:50,738
with much higher success rates
than humans get today.
1542
01:25:51,746 --> 01:25:55,167
The path is clear,
but our monetary-based structure
1543
01:25:55,202 --> 01:25:59,274
which requires labour for income,
blocks this progress,
1544
01:25:59,309 --> 01:26:02,435
for humans need jobs,
in order to survive.
1545
01:26:02,991 --> 01:26:05,575
The bottom line is
that this system must go
1546
01:26:05,794 --> 01:26:07,740
or we will
never be free
1547
01:26:07,922 --> 01:26:10,880
and technology
will be constantly paralyzed.
1548
01:26:11,699 --> 01:26:14,039
We have machines
that clean out sewers
1549
01:26:14,336 --> 01:26:17,006
and frees a human being
from doing that.
1550
01:26:17,041 --> 01:26:22,224
So look at machines as
extensions of human performance.
1551
01:26:22,977 --> 01:26:27,831
Furthermore, many occupations today
will have simply no basis
1552
01:26:27,866 --> 01:26:30,547
to exist in a
resourced-based economy.
1553
01:26:30,785 --> 01:26:33,957
Such as anything assosiated
with the management of money,
1554
01:26:34,289 --> 01:26:37,344
advertising,
along with a legal system itself.
1555
01:26:37,992 --> 01:26:41,286
For, without money,
a great majority of the crimes
1556
01:26:41,321 --> 01:26:43,729
that are commited today,
would never occur.
1557
01:26:43,998 --> 01:26:45,594
Virtually,
all forms of crime
1558
01:26:45,645 --> 01:26:47,687
are consequence
in the monetary system,
1559
01:26:47,700 --> 01:26:53,618
either directly or by nevroses
inflicted through financial deprevation.
1560
01:26:53,975 --> 01:26:58,231
Therefore, laws themselves
could eventually become extinct.
1561
01:26:58,747 --> 01:27:03,169
Instead of putting up a sign:
'Drive carefully', 'Slippery when wet',
1562
01:27:03,228 --> 01:27:06,888
put abrasive on the highway,
so it is not slippery when wet.
1563
01:27:06,988 --> 01:27:09,244
And when a person
gets in a car that drunk
1564
01:27:09,279 --> 01:27:11,362
and a car oscillates
at great deal,
1565
01:27:11,397 --> 01:27:12,703
there's
a little pendulum
1566
01:27:12,994 --> 01:27:14,142
that swings up
and back
1567
01:27:14,182 --> 01:27:16,439
and that will pull the
car over the side...
1568
01:27:16,598 --> 01:27:17,761
Not a law.
1569
01:27:17,999 --> 01:27:18,968
A solution.
1570
01:27:19,003 --> 01:27:23,274
Put sonar and radar on automobiles
so they can't hit one another.
1571
01:27:23,371 --> 01:27:25,609
Man-made laws
are attempts
1572
01:27:25,807 --> 01:27:27,976
to deal with
occuring problems
1573
01:27:27,976 --> 01:27:30,450
and not knowing
how to solve them...
1574
01:27:30,490 --> 01:27:31,790
They make a law.
1575
01:27:32,681 --> 01:27:35,121
In the United States,
the most privatised,
1576
01:27:35,156 --> 01:27:36,795
capitalist country
on the planet,
1577
01:27:36,985 --> 01:27:38,901
it shall come
as no surprise
1578
01:27:38,987 --> 01:27:42,636
that it also has the largest
prison population in the world.
1579
01:27:42,991 --> 01:27:44,587
Growing every year.
1580
01:27:44,993 --> 01:27:47,996
Statistically, most of
these people are uneducated
1581
01:27:47,996 --> 01:27:50,922
and come from poor,
deprived societies.
1582
01:27:51,532 --> 01:27:53,428
And contrary
to propaganda,
1583
01:27:53,735 --> 01:27:55,913
it is this
enviromental conditioning,
1584
01:27:56,216 --> 01:27:59,364
which lures them into
criminal and violent behavior.
1585
01:27:59,974 --> 01:28:02,046
However,
society looks the other way
1586
01:28:02,081 --> 01:28:03,793
in regard
to this point.
1587
01:28:03,978 --> 01:28:07,982
The legal and prison systems
are just more examples
1588
01:28:07,982 --> 01:28:10,523
of how our society
avoids examining
1589
01:28:10,785 --> 01:28:12,658
the root causes
of behavior.
1590
01:28:12,987 --> 01:28:14,773
Billions are spent
each year
1591
01:28:14,852 --> 01:28:16,691
on prisons and police,
1592
01:28:16,691 --> 01:28:18,851
while only a fraction
is spent on
1593
01:28:18,886 --> 01:28:20,456
programs for poverty,
1594
01:28:20,618 --> 01:28:23,047
which is one of the most
fundamental variables
1595
01:28:23,048 --> 01:28:25,438
responsible for crime
to begin with.
1596
01:28:25,767 --> 01:28:28,377
And, as long as
we have an economic system,
1597
01:28:28,412 --> 01:28:29,974
which preferes
and in fact,
1598
01:28:30,009 --> 01:28:32,893
creates scarcity
and deprivation,
1599
01:28:32,994 --> 01:28:35,150
crime
will never go away.
1600
01:28:40,682 --> 01:28:45,182
If people have access
to the necessities of life
1601
01:28:45,217 --> 01:28:49,459
without survitude, debt,
barter, trade,
1602
01:28:50,892 --> 01:28:52,597
they'd behave
very differently.
1603
01:28:52,894 --> 01:28:56,957
You want all these things available
without a price tag.
1604
01:28:56,998 --> 01:29:00,435
Now then, you're not gonna
have a price tag,
1605
01:29:00,470 --> 01:29:02,155
what will
motivate people?
1606
01:29:02,870 --> 01:29:06,513
A man gets everything he wants,
he's just laying around in the sun.
1607
01:29:06,708 --> 01:29:09,027
This is the myth
they perpetuate.
1608
01:29:09,056 --> 01:29:11,845
People in our culture
are trained to believe
1609
01:29:11,979 --> 01:29:15,189
that the monetary system
produces incentive.
1610
01:29:15,450 --> 01:29:18,865
If they have access to things,
why should they want to do anything?
1611
01:29:18,986 --> 01:29:20,939
They would
loose their incentive.
1612
01:29:20,974 --> 01:29:24,442
That's what you're taught
to support the monetary system.
1613
01:29:24,477 --> 01:29:26,625
When you take money
out of the scenario,
1614
01:29:27,512 --> 01:29:31,388
there would be different incentives,
very different incentives.
1615
01:29:31,699 --> 01:29:34,947
When people have access
to the necessities of life,
1616
01:29:34,969 --> 01:29:36,586
their incentives change.
1617
01:29:36,671 --> 01:29:38,574
What about the moon
and the stars?
1618
01:29:38,973 --> 01:29:40,944
New incentives arise.
1619
01:29:40,975 --> 01:29:43,491
If you make a painting
that you enjoy,
1620
01:29:43,711 --> 01:29:47,259
you will enjoy giving it
to other people, not selling it.
1621
01:29:51,986 --> 01:29:55,330
I think most of the education,
that I've seen today is
1622
01:29:55,365 --> 01:29:58,559
essentially,
producing a person for a job.
1623
01:29:58,594 --> 01:30:01,374
It's very specialized.
They're not generalists.
1624
01:30:01,409 --> 01:30:04,245
People don't know a lot about
a lot of different subjects.
1625
01:30:04,280 --> 01:30:06,968
I don't think you can
get people to go to war,
1626
01:30:06,968 --> 01:30:10,302
if they knew a lot
about a lot of things.
1627
01:30:10,337 --> 01:30:12,797
I think education
is mostly rote
1628
01:30:12,974 --> 01:30:16,566
and they're not taught
how to solve problems.
1629
01:30:16,601 --> 01:30:19,150
They're not given the tools,
emotionally,
1630
01:30:19,185 --> 01:30:20,962
or within
their own field,
1631
01:30:20,982 --> 01:30:23,281
of how to do
critical thinking.
1632
01:30:23,584 --> 01:30:26,890
In a resource-based economy,
the education would be very different.
1633
01:30:26,988 --> 01:30:30,913
Our society's major concern
is mental development
1634
01:30:30,992 --> 01:30:33,692
and to motivate
each person
1635
01:30:33,795 --> 01:30:35,913
to their
highest potential.
1636
01:30:35,997 --> 01:30:37,451
Because our philosophy is
1637
01:30:37,461 --> 01:30:40,091
the smarter people are,
the richer the world,
1638
01:30:40,126 --> 01:30:42,727
because everybody
becomes a contributor.
1639
01:30:42,970 --> 01:30:45,298
The smarter
your kids are,
1640
01:30:45,333 --> 01:30:47,098
the better
my life will be.
1641
01:30:47,133 --> 01:30:49,334
Because they'll be contributing
more constructively
1642
01:30:49,369 --> 01:30:52,125
to the environment
and to my life.
1643
01:30:52,165 --> 01:30:53,303
Because
everything that
1644
01:30:53,354 --> 01:30:56,503
we devise within
a resource-based economy,
1645
01:30:56,584 --> 01:30:58,239
would be applied
to society.
1646
01:30:58,280 --> 01:31:00,150
There would be nothing
to hold it back.
1647
01:31:04,425 --> 01:31:08,615
Patriotism, weapons,
armies, navies...
1648
01:31:08,696 --> 01:31:09,995
All that is a sign
1649
01:31:09,997 --> 01:31:12,574
that we're not
civilized yet.
1650
01:31:12,967 --> 01:31:14,558
Kids will ask
their parents:
1651
01:31:14,702 --> 01:31:18,404
"Didn't you see
the necessity of the machines?"
1652
01:31:18,973 --> 01:31:21,609
"Dad, couldn't you see
that war was inevitable
1653
01:31:21,644 --> 01:31:23,173
when you produce
scarcity?"
1654
01:31:23,978 --> 01:31:24,941
"Isn't it obvious?"
1655
01:31:24,981 --> 01:31:26,752
Of course,
the kid will understand
1656
01:31:26,981 --> 01:31:29,984
that you're pinheads;
raised merely to serve
1657
01:31:29,984 --> 01:31:32,112
the established institutons.
1658
01:31:32,147 --> 01:31:34,989
We're such in
an abominable, sick society,
1659
01:31:35,389 --> 01:31:37,392
that we won't make
the history book.
1660
01:31:37,427 --> 01:31:41,524
They'll just say that large nations
took land from smaller nations,
1661
01:31:41,696 --> 01:31:43,239
used force and violence.
1662
01:31:43,274 --> 01:31:45,646
You'll get history
talked about as
1663
01:31:45,967 --> 01:31:47,873
corrupt behavior
all the way along
1664
01:31:47,969 --> 01:31:50,463
until the beginning
of the civilized world.
1665
01:31:50,498 --> 01:31:52,803
That's when all the nations
work together.
1666
01:31:53,305 --> 01:31:54,829
World unification,
1667
01:31:54,976 --> 01:31:59,050
working toward common good
for all human beings
1668
01:31:59,085 --> 01:32:03,832
and without anyone being
subservient to anyone else.
1669
01:32:03,985 --> 01:32:06,590
Without
social stratification,
1670
01:32:06,721 --> 01:32:08,644
whether it be
technical elitism
1671
01:32:08,723 --> 01:32:10,561
or any other kind
of elitism,
1672
01:32:10,792 --> 01:32:13,066
eradicated from
the face of the earth.
1673
01:32:13,394 --> 01:32:17,457
The state does nothing
because there is no state.
1674
01:32:21,969 --> 01:32:24,017
The system I advocate,
1675
01:32:24,052 --> 01:32:27,772
a resource-based global economy,
is not perfect.
1676
01:32:27,975 --> 01:32:30,275
It's just a lot better
than what we have.
1677
01:32:30,411 --> 01:32:33,147
We can never achieve
perfection.
1678
01:32:50,998 --> 01:32:53,023
The social values
of our society,
1679
01:32:53,058 --> 01:32:55,394
which has manifested
in perpetual warfare,
1680
01:32:55,469 --> 01:32:56,370
corruption,
1681
01:32:56,370 --> 01:32:57,672
oppressive laws,
1682
01:32:57,672 --> 01:32:58,973
social stratification,
1683
01:32:58,973 --> 01:33:00,975
irrelevant superstitions,
1684
01:33:00,975 --> 01:33:02,790
environmental destruction,
1685
01:33:02,977 --> 01:33:07,659
and a despotic, socially indifferent,
profit-oriented ruling class,
1686
01:33:08,549 --> 01:33:11,659
is fundamentally the result
of a collective ignorance
1687
01:33:11,719 --> 01:33:15,867
of two of the most basic insights
humans can have about reality.
1688
01:33:16,624 --> 01:33:20,515
The emergent and symbiotic aspects
of natural law.
1689
01:33:21,829 --> 01:33:23,963
The emergent nature
of reality
1690
01:33:23,998 --> 01:33:26,768
is that all systems;
whether it is knowledge,
1691
01:33:26,803 --> 01:33:31,651
society, technology, philosophy,
or any other creation;
1692
01:33:31,973 --> 01:33:33,615
will,
when uninhibited,
1693
01:33:33,808 --> 01:33:36,453
undergo fluid,
perpetual change.
1694
01:33:36,978 --> 01:33:39,034
What we consider
commonplace today
1695
01:33:39,069 --> 01:33:41,992
such as modern communication
and transportation,
1696
01:33:42,383 --> 01:33:45,373
would have been unimaginable
in ancient times.
1697
01:33:45,987 --> 01:33:48,905
Likewise, the future
will contain technologies,
1698
01:33:48,990 --> 01:33:51,498
realizations
and social structures
1699
01:33:51,659 --> 01:33:54,280
that we cannot even fathom
in the present.
1700
01:33:54,862 --> 01:33:57,101
We have gone from
alchemy to chemistry,
1701
01:33:57,632 --> 01:34:00,561
from a geocentric universe
to a heliocentric,
1702
01:34:00,968 --> 01:34:03,778
from believing that demons
were the cause of illness
1703
01:34:03,971 --> 01:34:05,297
to modern medicine.
1704
01:34:05,973 --> 01:34:08,673
This development shows
no sign of ending,
1705
01:34:08,776 --> 01:34:11,407
and it is this awareness
that aligns us
1706
01:34:11,442 --> 01:34:14,003
and leads us
on a continuous path
1707
01:34:14,038 --> 01:34:15,823
to growth
and progress.
1708
01:34:16,884 --> 01:34:19,929
Static, empirical knowledge
does not exist.
1709
01:34:19,987 --> 01:34:24,103
Rather, it is the insight
of the emergence of all systems
1710
01:34:24,138 --> 01:34:25,626
we must recognize.
1711
01:34:26,494 --> 01:34:30,315
This means we must be open to
new information at all times,
1712
01:34:30,531 --> 01:34:33,100
Even if it threatens
our current belief system,
1713
01:34:33,135 --> 01:34:35,038
and hence,
identities.
1714
01:34:35,970 --> 01:34:39,544
Sadly, society today
has failed to recognize this,
1715
01:34:39,674 --> 01:34:43,174
and the established institutions
continue to paralyze growth
1716
01:34:43,211 --> 01:34:46,145
by preserving
outdated, social structures.
1717
01:34:46,781 --> 01:34:49,020
Simultaneously,
the population suffers
1718
01:34:49,055 --> 01:34:50,541
from a fear of change.
1719
01:34:50,818 --> 01:34:53,880
For their conditioning assumes
a static identity
1720
01:34:53,988 --> 01:34:55,945
and challenging
one's belief system,
1721
01:34:55,990 --> 01:34:59,127
usually results in
insult and apprehension.
1722
01:34:59,494 --> 01:35:03,661
For being wrong is erroneously
associated with failure.
1723
01:35:04,999 --> 01:35:08,807
When in fact to be proven wrong
should be celebrated.
1724
01:35:08,969 --> 01:35:12,630
For it is elevating someone
to a new level of understanding,
1725
01:35:12,773 --> 01:35:14,373
furthering awareness.
1726
01:35:15,209 --> 01:35:19,375
The fact is, there is no such thing
as a smart human being,
1727
01:35:19,680 --> 01:35:21,667
for it is merely
a matter of time
1728
01:35:21,682 --> 01:35:25,449
before their ideas are
updated, changed or irradicated.
1729
01:35:26,687 --> 01:35:30,143
And this tendency to blindly
hold on to a belief system,
1730
01:35:30,324 --> 01:35:34,031
sheltering it from new,
possibly transforming information
1731
01:35:34,295 --> 01:35:38,340
is nothing less than a form of
intellectual materialism.
1732
01:35:39,834 --> 01:35:42,706
The monetary system
perpetuates this materialism,
1733
01:35:42,770 --> 01:35:45,404
not only by it's
self-preserving structures,
1734
01:35:45,573 --> 01:35:48,182
but also throught the
countless number of people
1735
01:35:48,275 --> 01:35:50,211
who have been conditioned
into blindly,
1736
01:35:50,211 --> 01:35:52,431
and thoughtlessly,
upholding these structures,
1737
01:35:52,580 --> 01:35:57,358
therefore becoming, self-appointed
guardians of the status quo.
1738
01:35:57,985 --> 01:36:01,700
Sheep which no longer need
a sheepdog to control them.
1739
01:36:01,889 --> 01:36:03,404
For they control
each other,
1740
01:36:03,654 --> 01:36:07,078
by ostracizing those
who step out of the norm.
1741
01:36:07,995 --> 01:36:09,730
This tendency
to resist change
1742
01:36:09,730 --> 01:36:11,738
and uphold
existing institutions
1743
01:36:11,773 --> 01:36:14,063
for the sake of identity,
comfort,
1744
01:36:14,098 --> 01:36:15,535
power and profit,
1745
01:36:15,670 --> 01:36:17,676
is completely
unsustainable.
1746
01:36:17,972 --> 01:36:20,244
And will only produce
further imbalance,
1747
01:36:20,508 --> 01:36:21,617
fragmentation,
1748
01:36:21,709 --> 01:36:22,479
distortion,
1749
01:36:22,543 --> 01:36:23,549
and invariably,
1750
01:36:23,778 --> 01:36:24,860
destruction.
1751
01:36:27,315 --> 01:36:29,031
It's time to change.
1752
01:36:30,251 --> 01:36:31,990
From hunters
and gatherers,
1753
01:36:32,025 --> 01:36:33,773
to the agricultural revolution,
1754
01:36:33,988 --> 01:36:35,560
to the industrial revolution,
1755
01:36:35,790 --> 01:36:37,109
the pattern is clear.
1756
01:36:37,424 --> 01:36:39,627
It is time
for a new social system
1757
01:36:39,894 --> 01:36:42,756
which reflects the understandings
we have today.
1758
01:36:43,998 --> 01:36:45,866
The monetary system
is a product
1759
01:36:45,866 --> 01:36:46,947
of a period of time,
1760
01:36:46,967 --> 01:36:48,880
where scarcity
was a reality.
1761
01:36:49,403 --> 01:36:51,107
Now,
with the age of technology,
1762
01:36:51,142 --> 01:36:53,430
it is no longer relevant
to society.
1763
01:36:54,074 --> 01:36:57,431
Gone with the aberrant behavior
it manifests.
1764
01:36:58,979 --> 01:37:01,301
Likewise,
dominant world views,
1765
01:37:01,448 --> 01:37:02,910
such as theistic religion,
1766
01:37:03,010 --> 01:37:05,900
operate with
the same social irrelevancy.
1767
01:37:06,787 --> 01:37:11,892
Islam, Christianity, Judaism,
Hinduism and all of the others,
1768
01:37:11,992 --> 01:37:15,137
exist as barriers
to personal and social growth.
1769
01:37:15,796 --> 01:37:19,601
For each group perpetuates
a closed world view.
1770
01:37:19,967 --> 01:37:22,705
And this finite understanding
that they acknowledge
1771
01:37:22,970 --> 01:37:26,788
is simply not possible
in an emergent universe.
1772
01:37:28,976 --> 01:37:32,613
Yet, religion has succeeded
in shutting down the awareness
1773
01:37:32,713 --> 01:37:33,877
of this emergence
1774
01:37:33,981 --> 01:37:37,190
by instilling the psychological
distortion of faith
1775
01:37:37,225 --> 01:37:38,831
upon it's followers.
1776
01:37:38,866 --> 01:37:41,516
Where logic and new information
is rejected
1777
01:37:41,789 --> 01:37:44,890
in favor of traditionalized,
outdated beliefs.
1778
01:37:45,993 --> 01:37:47,647
The concept of God,
1779
01:37:47,995 --> 01:37:52,262
is really a method of accounting
for the nature of things.
1780
01:37:52,297 --> 01:37:54,969
In the early days,
people didn't know enough
1781
01:37:54,969 --> 01:37:56,941
about
how things formed,
1782
01:37:56,971 --> 01:37:58,361
how nature worked.
1783
01:37:58,505 --> 01:38:00,960
So they invented
their own little stories,
1784
01:38:01,576 --> 01:38:05,298
and they made God
in their own image.
1785
01:38:05,980 --> 01:38:07,767
A guy
that gets angry
1786
01:38:07,982 --> 01:38:10,043
when people
don't behave right.
1787
01:38:10,078 --> 01:38:12,522
He creates floods
and earthquakes
1788
01:38:12,987 --> 01:38:15,026
and they say
it's an act of God.
1789
01:38:16,791 --> 01:38:19,393
A cursory glance at
the suppressed history of religion
1790
01:38:19,493 --> 01:38:22,616
reveals that even
the foundational myths themselves
1791
01:38:22,697 --> 01:38:27,072
are emergent culminations
developed through influence over time.
1792
01:38:27,107 --> 01:38:30,346
For example, a cardinal doctrine
of the Christian faith
1793
01:38:30,371 --> 01:38:32,670
is the death and resurrection
of Christ.
1794
01:38:32,973 --> 01:38:36,431
This notion is so important
that the Bible itself states
1795
01:38:36,877 --> 01:38:38,659
"And if Christ be not risen,
1796
01:38:38,710 --> 01:38:42,675
then is our preaching vain
and your faith is also vain."
1797
01:38:44,618 --> 01:38:47,546
Yet it is very difficult
to take this account literally.
1798
01:38:47,688 --> 01:38:50,004
For not only is
there no primary source
1799
01:38:50,039 --> 01:38:53,137
denoting this supernatural event
in secular history,
1800
01:38:53,627 --> 01:38:56,978
awareness of the enormous
number of pre-Christian saviors
1801
01:38:56,997 --> 01:38:59,459
who also died
and were resurrected
1802
01:38:59,667 --> 01:39:03,961
immediately puts this story in
mythological territory by association.
1803
01:39:04,772 --> 01:39:06,167
Early church figures,
1804
01:39:06,202 --> 01:39:06,974
such as Tortullian,
1805
01:39:06,974 --> 01:39:10,246
went to great lengths
to break these associations,
1806
01:39:10,377 --> 01:39:14,675
even claiming that the Devil
caused the similarities to occur.
1807
01:39:14,882 --> 01:39:16,551
Stating in
the second century:
1808
01:39:16,684 --> 01:39:19,298
"The devil, whose business is
to pervert the truth,
1809
01:39:19,486 --> 01:39:22,772
mimics the exact circumstance
of the Divine Sacraments.
1810
01:39:22,990 --> 01:39:26,774
He baptizes his believers and
promises forgiveness of sins...
1811
01:39:26,794 --> 01:39:28,924
He celebrates
the oblation of bread,
1812
01:39:29,005 --> 01:39:31,402
and brings in the symbol
of the resurrection.
1813
01:39:31,999 --> 01:39:35,102
Let us therefore acknowledge
the craftiness of the Devil,
1814
01:39:35,202 --> 01:39:38,623
who copied certain things
of those that be Divine."
1815
01:39:39,974 --> 01:39:41,730
What is truly sad,
however,
1816
01:39:41,775 --> 01:39:45,152
is that when we cease the idea
that the stories from Christianity,
1817
01:39:45,187 --> 01:39:48,061
Judaism, Islam
and all the others
1818
01:39:48,096 --> 01:39:49,933
are literal history,
1819
01:39:50,284 --> 01:39:52,419
and accept them
for what they really are,
1820
01:39:52,459 --> 01:39:55,310
which are purely
allegorical expressions,
1821
01:39:55,345 --> 01:39:57,278
derived
from many faiths,
1822
01:39:57,992 --> 01:40:00,509
we see that all religions
share a common thread.
1823
01:40:01,120 --> 01:40:03,621
And it is
this unifying imperative
1824
01:40:03,698 --> 01:40:06,176
that needs to be
recognized and appreciated.
1825
01:40:08,602 --> 01:40:11,761
Religious belief has caused
more fragmentation and conflict
1826
01:40:11,972 --> 01:40:13,745
than any other ideology.
1827
01:40:14,074 --> 01:40:18,373
Christianity alone has
34,000 different subgroups.
1828
01:40:19,980 --> 01:40:23,005
The Bible is subject
to interpretation.
1829
01:40:23,040 --> 01:40:24,885
When you read it,
you say,
1830
01:40:24,985 --> 01:40:28,777
"I think Jesus meant this.
I think Job meant that."
1831
01:40:28,789 --> 01:40:30,628
"Oh no!
He meant this."
1832
01:40:30,791 --> 01:40:34,398
So you have the Lutheran,
the Seventh-Day Adventist, the Catholic,
1833
01:40:34,895 --> 01:40:38,197
and a church divided
is no church at all.
1834
01:40:44,972 --> 01:40:47,435
And this point
on division,
1835
01:40:47,474 --> 01:40:50,784
which is a trademark
of all theistic religions,
1836
01:40:50,978 --> 01:40:53,885
brings us to our second failure
of awareness.
1837
01:40:53,981 --> 01:40:56,064
The false assumption
of separation
1838
01:40:56,099 --> 01:41:00,890
through the rejection of
the symbiotic relationship of life.
1839
01:41:01,989 --> 01:41:05,978
Apart from the understanding
that all natural systems are emergent,
1840
01:41:05,993 --> 01:41:09,163
where all notions of reality
will be constantly developed,
1841
01:41:09,198 --> 01:41:11,397
altered
and even eradicated,
1842
01:41:11,899 --> 01:41:15,869
we must also understand
that all systems are, in fact,
1843
01:41:15,969 --> 01:41:19,752
invented fragments,
merely for the sake of conversation.
1844
01:41:20,374 --> 01:41:24,021
For there is no such thing
as independence in nature.
1845
01:41:24,545 --> 01:41:26,937
The whole of nature
is a unified system
1846
01:41:26,987 --> 01:41:28,842
of interdependent variables,
1847
01:41:29,283 --> 01:41:34,388
each a cause and a reaction,
existing only as a concentrated whole.
1848
01:41:35,989 --> 01:41:39,122
You don't see the plug
to connect to the environment,
1849
01:41:39,157 --> 01:41:42,563
so it looks like we're free,
wandering around.
1850
01:41:42,663 --> 01:41:45,527
Take the oxygen away,
we all die immediately.
1851
01:41:45,532 --> 01:41:47,824
Take plant life away,
we die.
1852
01:41:47,868 --> 01:41:50,627
And without the sun,
all the plants die.
1853
01:41:50,709 --> 01:41:52,204
So we are connected.
1854
01:41:52,539 --> 01:41:55,500
We really must take into
account the totality.
1855
01:41:55,535 --> 01:41:57,978
This isn't just a human experience
on this planet,
1856
01:41:57,978 --> 01:41:59,414
this is
a total experience.
1857
01:41:59,449 --> 01:42:01,515
And we know we can't survive
without plants and animals.
1858
01:42:01,550 --> 01:42:04,376
We know we can't survive
without the four elements, you know?
1859
01:42:04,585 --> 01:42:08,314
And so, when are we gonna really
start taking that into account?
1860
01:42:08,655 --> 01:42:10,458
That's what it is
to be successful.
1861
01:42:10,491 --> 01:42:14,421
Success depends on how well
we're related to everything around us.
1862
01:42:15,696 --> 01:42:17,901
I'm very aware of
the fact that my grandson
1863
01:42:17,936 --> 01:42:19,392
cannot possibly hope
1864
01:42:19,767 --> 01:42:21,787
to inherit
a sustainable,
1865
01:42:21,837 --> 01:42:24,192
peaceful, stable,
socially just world
1866
01:42:24,227 --> 01:42:26,428
unless every child today
growing up
1867
01:42:26,463 --> 01:42:30,878
in Ethiopia, in Indonesia, in Bolivia,
in Palestine, in Israel,
1868
01:42:30,978 --> 01:42:33,294
also has
that same expectation.
1869
01:42:33,981 --> 01:42:35,870
You gotta take care
of the whole community
1870
01:42:36,105 --> 01:42:38,346
or you're gonna have
serious problems.
1871
01:42:38,686 --> 01:42:42,454
And now we have to see that
the whole world is the community.
1872
01:42:42,690 --> 01:42:45,874
And we must all take care
of each other that way.
1873
01:42:45,993 --> 01:42:47,995
And it's not just
a community of human beings,
1874
01:42:48,030 --> 01:42:51,149
it's a community of plants
and animals and elements.
1875
01:42:51,184 --> 01:42:53,918
And we really need
to understand that.
1876
01:42:54,067 --> 01:42:55,969
That's what's
gonna bring us joy too,
1877
01:42:55,969 --> 01:42:56,671
and pleasure.
1878
01:42:56,970 --> 01:42:58,826
That's what's missing
in our lives right now.
1879
01:42:58,972 --> 01:43:00,632
We can call it
spirituality,
1880
01:43:00,974 --> 01:43:02,278
but the fact
of the matter is...
1881
01:43:02,443 --> 01:43:06,497
Joy comes from that
bliss of connectedness.
1882
01:43:06,513 --> 01:43:07,822
That's our godspirit.
1883
01:43:07,863 --> 01:43:09,591
That's that side
of ourselves
1884
01:43:09,616 --> 01:43:11,518
that really feels it,
1885
01:43:11,518 --> 01:43:13,222
and you can feel it
deep inside you.
1886
01:43:13,383 --> 01:43:15,060
It's this amazing,
wonderful feeling
1887
01:43:15,100 --> 01:43:16,343
and you know it
when you get it.
1888
01:43:16,378 --> 01:43:17,599
You don't get it
from money,
1889
01:43:17,991 --> 01:43:19,729
you get it
from connection.
1890
01:43:21,995 --> 01:43:24,745
Now if that isn't
a hazard to this country.
1891
01:43:26,600 --> 01:43:28,735
How are we gonna keep
building nuclear weapons,
1892
01:43:28,735 --> 01:43:29,873
you know
what I mean?
1893
01:43:30,871 --> 01:43:33,170
What's gonna happen
to the arms industry
1894
01:43:33,205 --> 01:43:35,333
when we realize
we're all one?
1895
01:43:36,310 --> 01:43:38,136
It's gonna fuck up
the economy.
1896
01:43:38,745 --> 01:43:40,914
The economy
that's fake anyway.
1897
01:43:49,423 --> 01:43:50,736
Which would be
a real bummer.
1898
01:43:51,692 --> 01:43:54,142
You can see why
the government's crackin' down...
1899
01:43:56,997 --> 01:43:59,837
on the idea of experiencing
unconditional love.
1900
01:44:10,978 --> 01:44:14,982
Once we understand that
the integrity of our personal existences
1901
01:44:14,982 --> 01:44:16,684
are completely dependent
1902
01:44:16,784 --> 01:44:19,989
on the integrity of
everything else in our world,
1903
01:44:20,024 --> 01:44:24,063
we have truly understood
the meaning of unconditional love.
1904
01:44:24,692 --> 01:44:28,780
For love is extensionality,
and seeing everything as you
1905
01:44:28,896 --> 01:44:32,309
and you as everything
can have no conditionalities,
1906
01:44:32,466 --> 01:44:36,249
for in fact,
we are all everything, at once.
1907
01:44:36,303 --> 01:44:38,972
If it's true that we're all
from the center of a star,
1908
01:44:38,972 --> 01:44:40,838
every atom on each of us
from the center of a star,
1909
01:44:40,873 --> 01:44:42,708
then we're all
the same thing.
1910
01:44:42,748 --> 01:44:43,707
Even a Coke machine
1911
01:44:43,757 --> 01:44:45,979
or a cigarette butt
in the street in Buffalo
1912
01:44:46,014 --> 01:44:47,781
is made out of atoms
that came from a star.
1913
01:44:47,816 --> 01:44:49,716
They've all been recycled
thousands of times,
1914
01:44:49,716 --> 01:44:50,854
as have
you and I.
1915
01:44:50,984 --> 01:44:54,185
And therefore,
it's only me out there.
1916
01:44:54,554 --> 01:44:56,107
So what is there
to be afraid of?
1917
01:44:56,142 --> 01:44:58,258
What is there
that needs solace seeking?
1918
01:44:58,258 --> 01:44:58,706
Nothing.
1919
01:44:58,746 --> 01:45:01,448
There's nothing to be afraid of
because it's all us.
1920
01:45:01,695 --> 01:45:04,733
The trouble is we have been
separated by being born
1921
01:45:04,768 --> 01:45:07,267
and given a name and an identity
and being individuated.
1922
01:45:07,302 --> 01:45:08,791
We've been separated
from the oneness,
1923
01:45:08,826 --> 01:45:09,970
and that's
what religion exploits.
1924
01:45:09,970 --> 01:45:14,027
That people have this yearning
to be part of the overall one again.
1925
01:45:14,062 --> 01:45:15,094
So they exploit that.
1926
01:45:15,129 --> 01:45:17,223
They call it God,
they say he has rules,
1927
01:45:17,577 --> 01:45:18,889
and I think it's cruel.
1928
01:45:19,079 --> 01:45:21,512
I think you can do it
absent religion.
1929
01:46:09,429 --> 01:46:11,354
It's time
to claim the unity.
1930
01:46:11,465 --> 01:46:14,407
Our outmoded social systems
have broken apart,
1931
01:46:14,768 --> 01:46:17,656
and work together
to create a sustainable,
1932
01:46:17,671 --> 01:46:20,666
global society,
where everyone is taken care of
1933
01:46:20,741 --> 01:46:22,767
and everyone
is truly free.
1934
01:46:23,343 --> 01:46:25,645
Your personal beliefs,
whatever they may be,
1935
01:46:25,696 --> 01:46:29,304
are meaningless when it comes
to the necessities of life.
1936
01:46:29,449 --> 01:46:31,591
Every human being
is born naked,
1937
01:46:31,651 --> 01:46:34,971
needing warmth, food,
water, shelter.
1938
01:46:34,988 --> 01:46:36,973
Everything else
is auxiliary.
1939
01:46:37,311 --> 01:46:39,739
Therefore, the most
important issue at hand
1940
01:46:39,893 --> 01:46:43,385
is the intelligent management
of the Earth's resources.
1941
01:46:43,897 --> 01:46:46,575
This can never be accomplished
in a monetary system,
1942
01:46:46,767 --> 01:46:50,034
for the pursuit of profit
is the pursuit of self-interest
1943
01:46:50,069 --> 01:46:52,432
and therefore,
imbalance is inherent.
1944
01:46:53,974 --> 01:46:56,937
Simultaneously,
politicians are useless.
1945
01:46:56,977 --> 01:47:01,493
For our true problems in life
are technical, not political.
1946
01:47:01,982 --> 01:47:04,979
Furthermore,
ideologies that separate humanity,
1947
01:47:05,014 --> 01:47:06,029
such as religion,
1948
01:47:06,064 --> 01:47:08,479
need strong reflection
in the community
1949
01:47:08,555 --> 01:47:12,305
in regard to it's value,
purpose and social relevancy.
1950
01:47:12,993 --> 01:47:14,409
Hopefully,
through time,
1951
01:47:14,444 --> 01:47:18,007
religion will loose it's materialism
and basis in superstition
1952
01:47:18,042 --> 01:47:21,154
and move into the useful field
of philosophy.
1953
01:47:21,535 --> 01:47:24,515
The fact is,
society today is backwards,
1954
01:47:24,638 --> 01:47:28,566
with politicians constantly talking
about protection and security
1955
01:47:28,742 --> 01:47:31,988
rather than creation,
unity and progress.
1956
01:47:32,712 --> 01:47:34,460
The US alone
now spends about
1957
01:47:34,510 --> 01:47:37,592
$500 billions dollars annually
on defense.
1958
01:47:37,784 --> 01:47:40,353
That is enough to send
every high school senior
1959
01:47:40,388 --> 01:47:42,559
in America
to a four year college.
1960
01:47:43,490 --> 01:47:45,946
In the 1940's,
the Manhattan Project
1961
01:47:45,992 --> 01:47:49,064
produced the first true
weapon of mass destruction.
1962
01:47:49,496 --> 01:47:55,342
This program employed 130,000 people,
at an extreme financial cost.
1963
01:47:55,769 --> 01:47:58,038
Imagine what our life
would be like today,
1964
01:47:58,073 --> 01:47:59,839
if that
group of scientists,
1965
01:47:59,973 --> 01:48:02,774
instead of working on
a way of killing people,
1966
01:48:02,976 --> 01:48:07,232
worked on a way to create
a self-sustaining, abundant world.
1967
01:48:07,747 --> 01:48:10,138
Life today
would be very, very different,
1968
01:48:10,173 --> 01:48:11,680
if that was their goal.
1969
01:48:13,987 --> 01:48:16,210
Instead of
weapons of mass destruction,
1970
01:48:16,456 --> 01:48:20,264
it is time to unleash
something much more powerful.
1971
01:48:20,994 --> 01:48:23,580
Weapons of Mass Creation.
1972
01:48:25,201 --> 01:48:27,967
Our true divinity is
in our ability to create.
1973
01:48:28,301 --> 01:48:32,274
And armed with the understanding of
the symbiotic connections of life,
1974
01:48:32,539 --> 01:48:36,128
while being guided by
the emergent nature of reality,
1975
01:48:36,376 --> 01:48:39,349
there is nothing
we cannot do or accomplish.
1976
01:48:41,248 --> 01:48:43,932
Of course,
we face strong barriers,
1977
01:48:43,984 --> 01:48:46,354
in the form of
established power structures,
1978
01:48:46,389 --> 01:48:48,249
that refuse to change.
1979
01:48:48,789 --> 01:48:51,430
At the heart of these structures
is the monetary system.
1980
01:48:51,625 --> 01:48:54,191
As explained earlier,
the fractional reserve policy
1981
01:48:54,326 --> 01:48:56,432
is a form of
slavery through debt,
1982
01:48:56,474 --> 01:49:00,408
where it is literally impossible
for society to be free.
1983
01:49:00,767 --> 01:49:04,013
In turn, free market capitalism,
in the form of free trade,
1984
01:49:04,048 --> 01:49:07,374
uses debt to imprison the world
and manipulate countries
1985
01:49:07,474 --> 01:49:11,678
into subservience to a handful of
large business and political powers.
1986
01:49:11,978 --> 01:49:14,347
Apart from
these obvious amoralities,
1987
01:49:14,382 --> 01:49:17,016
the system itself
is based on competition,
1988
01:49:17,051 --> 01:49:19,661
which immediately
destroys the possibility
1989
01:49:19,686 --> 01:49:22,893
of large scale collaborations
for the common good.
1990
01:49:22,989 --> 01:49:27,967
Hence paralyzing any attempt
at true global sustainability.
1991
01:49:28,995 --> 01:49:32,950
These financial and corporate structures
are now obsolete,
1992
01:49:32,999 --> 01:49:34,955
and they must be
outgrown.
1993
01:49:36,336 --> 01:49:38,134
Of course, we cannot be
naive enough to think
1994
01:49:38,169 --> 01:49:41,228
that the business and financial elite
are going to subscribe to this idea,
1995
01:49:41,374 --> 01:49:43,290
for they will lose
power and control.
1996
01:49:43,543 --> 01:49:47,026
Therefore, peacefully,
a highly strategic action must be taken.
1997
01:49:47,981 --> 01:49:50,607
The most powerful course
of action is simple.
1998
01:49:50,984 --> 01:49:53,407
We have to alter
our behavior to force
1999
01:49:53,442 --> 01:49:56,522
the power structure
to the will of the people.
2000
01:49:57,657 --> 01:50:00,305
We must stop
supporting the system.
2001
01:50:01,828 --> 01:50:03,997
The only way
the establishment will change
2002
01:50:04,032 --> 01:50:06,212
is by our refusal
to participate
2003
01:50:06,247 --> 01:50:10,554
while continuously acknowledging
its endless flaws and corruptions.
2004
01:50:10,971 --> 01:50:14,085
They're not gonna give up
the monetary system,
2005
01:50:14,120 --> 01:50:17,759
because of our designs
of what we've recommend.
2006
01:50:17,911 --> 01:50:19,641
The system
has to fail,
2007
01:50:19,780 --> 01:50:24,425
and people have to lose confidence
in their elected leaders.
2008
01:50:24,685 --> 01:50:27,035
That will be
a major turning point
2009
01:50:27,070 --> 01:50:32,002
if The Venus Project is offered
as a possible alternative.
2010
01:50:32,037 --> 01:50:34,708
If not,
I fear the consequences.
2011
01:50:34,995 --> 01:50:39,996
The trends now indicate
that our country is going bankrupt.
2012
01:50:40,031 --> 01:50:45,439
The probability is our country
will move toward a military dictatorship
2013
01:50:45,672 --> 01:50:49,648
to prevent riots
and complete social breakdown.
2014
01:50:49,976 --> 01:50:51,540
Once
the US breaks down,
2015
01:50:51,745 --> 01:50:54,598
all the other cultures
will undergo similar things.
2016
01:50:55,982 --> 01:50:58,259
As of now,
the world financial system
2017
01:50:58,294 --> 01:50:59,880
is on the brink
of collapse
2018
01:50:59,915 --> 01:51:01,851
due to
it's own shortcomings.
2019
01:51:01,988 --> 01:51:04,991
The Controller of Currencies
stated in 2003
2020
01:51:05,026 --> 01:51:07,394
that the interest
on the US National Debt
2021
01:51:07,429 --> 01:51:10,410
will not be affordable
in less than ten years.
2022
01:51:10,797 --> 01:51:14,262
This theoretically means
total bankruptcy for the US economy
2023
01:51:14,468 --> 01:51:17,048
and it's implications
for the world are immense.
2024
01:51:17,470 --> 01:51:20,008
In turn, the fractional reserve-based
monetary system
2025
01:51:20,043 --> 01:51:23,007
is reaching it's theoretical limits
of expansion
2026
01:51:23,042 --> 01:51:26,659
and the banking failures you are seeing
are just the beginning.
2027
01:51:26,980 --> 01:51:29,467
This is why
inflation is skyrocketing,
2028
01:51:29,749 --> 01:51:31,518
our debt is
at record levels
2029
01:51:31,618 --> 01:51:34,187
and the government and FED
are hemorrhaging new money
2030
01:51:34,287 --> 01:51:36,084
to bailout
the corrupt system.
2031
01:51:36,489 --> 01:51:38,458
For the only way
to keep the banks going
2032
01:51:38,493 --> 01:51:40,015
is by
making more money.
2033
01:51:40,050 --> 01:51:41,895
The only way
to make more money
2034
01:51:41,995 --> 01:51:44,298
is to create more debt
and inflation.
2035
01:51:44,431 --> 01:51:47,459
It is simply a matter of time
before the tables turn
2036
01:51:47,634 --> 01:51:50,238
and there's no one willing
to take new loans
2037
01:51:50,273 --> 01:51:54,554
while defaults grow as people are unable
to afford their current loans.
2038
01:51:54,808 --> 01:51:56,921
Then the expansion of money
will stop
2039
01:51:56,976 --> 01:52:00,713
and contraction will begin
on a scale never before seen,
2040
01:52:00,814 --> 01:52:04,099
ending a century long
pyramid scheme.
2041
01:52:04,417 --> 01:52:06,236
This has already begun.
2042
01:52:07,287 --> 01:52:11,082
Therefore, we need to expose
this financial failure for what it is,
2043
01:52:11,117 --> 01:52:13,468
using this weakness
to our advantage.
2044
01:52:13,793 --> 01:52:15,558
Here are
some suggestions:
2045
01:52:15,895 --> 01:52:17,709
Expose the banking fraud.
2046
01:52:17,997 --> 01:52:21,478
Citibank, JP Morgan Chase
and Bank of America
2047
01:52:21,513 --> 01:52:23,332
are the most
powerful controllers
2048
01:52:23,375 --> 01:52:26,029
within the corrupt
Federal Reserve system.
2049
01:52:26,064 --> 01:52:29,124
It's time to boycott
these institutions.
2050
01:52:29,576 --> 01:52:32,588
If you have a bank account
or credit card with any of them,
2051
01:52:32,846 --> 01:52:34,807
move your money
to another bank.
2052
01:52:34,981 --> 01:52:38,232
If you have a mortgage,
refinance with another bank.
2053
01:52:38,518 --> 01:52:40,621
If you own their stock,
sell it.
2054
01:52:40,887 --> 01:52:42,514
If you work for them,
quit.
2055
01:52:42,689 --> 01:52:44,791
This gesture
will express contempt
2056
01:52:44,826 --> 01:52:47,912
for the true powers
behind the private banking cartel,
2057
01:52:47,994 --> 01:52:49,903
known as
the Federal Reserve.
2058
01:52:49,996 --> 01:52:54,331
And create awareness about
the fraud of the banking system itself.
2059
01:52:54,567 --> 01:52:56,927
Two:
Turn off the TV news.
2060
01:52:56,970 --> 01:52:59,864
Visit the emerging,
independent news agencies
2061
01:52:59,899 --> 01:53:01,966
on the Internet
for your information.
2062
01:53:01,975 --> 01:53:06,498
CNN, NBC, ABC, FOX
and all the others
2063
01:53:06,546 --> 01:53:10,997
present all news pre-filtered
to maintain the status quo.
2064
01:53:11,032 --> 01:53:14,609
With four corporations owning
all major media outlets,
2065
01:53:14,721 --> 01:53:17,181
objective information
is impossible.
2066
01:53:17,216 --> 01:53:19,625
This is the true beauty
of the Internet.
2067
01:53:19,693 --> 01:53:21,895
And the establishment
has been losing control
2068
01:53:21,930 --> 01:53:24,208
because of this free flow
of information.
2069
01:53:24,631 --> 01:53:27,001
We must protect the Internet,
at all times,
2070
01:53:27,036 --> 01:53:29,737
as it is truly our savior
right now.
2071
01:53:30,770 --> 01:53:31,528
Three:
2072
01:53:31,871 --> 01:53:34,140
Don't ever
allow yourself,
2073
01:53:34,175 --> 01:53:37,278
your family
or anyone you know,
2074
01:53:37,313 --> 01:53:40,601
to ever
join the military.
2075
01:53:41,180 --> 01:53:43,573
This is
an obsolete institution
2076
01:53:43,683 --> 01:53:47,069
now used exclusively
for maintaining an establishment
2077
01:53:47,104 --> 01:53:48,690
that is no longer
relevant.
2078
01:53:48,988 --> 01:53:52,212
US soldiers in Iraq
work for US corporations,
2079
01:53:52,247 --> 01:53:53,207
not the people.
2080
01:53:53,426 --> 01:53:56,583
Propaganda forces us to believe
that war is natural
2081
01:53:56,730 --> 01:53:59,019
and the military is
an honorable institution.
2082
01:53:59,632 --> 01:54:00,956
Well if
war is natural,
2083
01:54:00,967 --> 01:54:04,149
why are there 18 suicides
every single day
2084
01:54:04,184 --> 01:54:05,605
by American veterans
2085
01:54:05,640 --> 01:54:07,732
who have post-traumatic
stress disorder?
2086
01:54:08,575 --> 01:54:11,304
If our military men
and women are so honored,
2087
01:54:11,411 --> 01:54:15,214
why is it that 25% of the
American homeless population
2088
01:54:15,249 --> 01:54:16,356
are veterans?
2089
01:54:18,004 --> 01:54:18,907
Four:
2090
01:54:18,985 --> 01:54:21,312
Stop supporting
the energy companies.
2091
01:54:21,454 --> 01:54:23,168
If you live
in a detached house,
2092
01:54:23,289 --> 01:54:24,578
get off the grid.
2093
01:54:24,757 --> 01:54:28,208
Investigate every means of
making your home self-sustainable
2094
01:54:28,243 --> 01:54:29,648
with clean energy.
2095
01:54:29,896 --> 01:54:32,600
Solar, wind
and other renewable energies
2096
01:54:32,635 --> 01:54:35,155
are now affordable
consumer realities,
2097
01:54:35,335 --> 01:54:38,909
and considering the never-ending
rising costs of traditional energies,
2098
01:54:38,972 --> 01:54:42,123
it will likely be
a cheaper investment over time.
2099
01:54:42,275 --> 01:54:45,009
If you drive,
get the smallest car you can
2100
01:54:45,044 --> 01:54:48,279
and consider using one of the many
conversion technologies
2101
01:54:48,314 --> 01:54:50,620
that can enable your car
to be a hybrid,
2102
01:54:50,655 --> 01:54:54,768
electric or run on anything
other than establishment fuels.
2103
01:54:54,988 --> 01:54:56,037
Five:
2104
01:54:56,072 --> 01:54:57,870
Reject
the political system.
2105
01:54:58,357 --> 01:55:01,897
The illusion of democracy
is an insult to our intelligence.
2106
01:55:01,995 --> 01:55:03,169
In a monetary system,
2107
01:55:03,204 --> 01:55:05,749
there is no such thing
as a true democracy,
2108
01:55:05,799 --> 01:55:07,137
and there never was.
2109
01:55:07,767 --> 01:55:09,394
We have
two political parties
2110
01:55:09,444 --> 01:55:12,592
owned by the same set
of corporate lobbyists.
2111
01:55:12,972 --> 01:55:15,863
They are placed in their positions
by the corporations,
2112
01:55:15,875 --> 01:55:19,393
with popularity artificially
projected by their media.
2113
01:55:19,779 --> 01:55:21,948
In a system
of inherent corruption,
2114
01:55:21,981 --> 01:55:24,244
the change of personnel
every couple of years
2115
01:55:24,284 --> 01:55:26,161
has very little relevance.
2116
01:55:26,519 --> 01:55:29,820
Instead of pretending that
the political game has any true meaning,
2117
01:55:29,989 --> 01:55:33,941
focus your energy on
how to transcend this failed system.
2118
01:55:35,995 --> 01:55:37,081
And six:
2119
01:55:37,116 --> 01:55:38,417
Join the movement.
2120
01:55:38,998 --> 01:55:41,440
Go to
TheZeitgeistMovement.com
2121
01:55:41,475 --> 01:55:44,905
and help us create the largest
mass movement for social change
2122
01:55:44,971 --> 01:55:46,815
the world
has ever seen.
2123
01:55:46,973 --> 01:55:49,609
We must mobilize
and educate everyone
2124
01:55:49,644 --> 01:55:52,801
about the inherent corruption
of our current world system,
2125
01:55:52,979 --> 01:55:56,013
along with the only true
sustainable solution,
2126
01:55:56,516 --> 01:55:59,302
declaring all the natural resources
on the planet
2127
01:55:59,485 --> 01:56:02,038
as common heritage
to all people,
2128
01:56:02,588 --> 01:56:06,214
while informing everyone
as to the true state of technology
2129
01:56:06,392 --> 01:56:08,106
and how we can
all be free
2130
01:56:08,148 --> 01:56:11,354
if the world works together,
rather than fights.
2131
01:56:12,665 --> 01:56:14,099
The choice
lies with you.
2132
01:56:14,334 --> 01:56:17,070
You can continue to be
a slave to the financial system
2133
01:56:17,170 --> 01:56:18,884
and watch
the continuous wars,
2134
01:56:18,947 --> 01:56:21,767
depressions
and injustice across the globe
2135
01:56:21,802 --> 01:56:24,747
while placating yourself
with vain entertainment
2136
01:56:24,778 --> 01:56:26,397
and materialistic garbage.
2137
01:56:26,980 --> 01:56:32,030
Or, you can focus your energy on true,
meaningful, lasting, holistic change
2138
01:56:32,065 --> 01:56:35,706
which actually has
the realistic ability to support
2139
01:56:35,741 --> 01:56:39,337
and free all humans
with no one left behind.
2140
01:56:40,760 --> 01:56:44,132
But in the end,
the most relevant change
2141
01:56:44,263 --> 01:56:46,901
must occur first
inside of you.
2142
01:56:47,534 --> 01:56:51,760
The real revolution
is the revolution of consciousness,
2143
01:56:51,971 --> 01:56:55,245
and each one of us
first needs to eliminate
2144
01:56:55,408 --> 01:56:57,989
the divisionary,
materialistic noise
2145
01:56:58,024 --> 01:57:01,274
we have been conditioned
to think is true;
2146
01:57:01,647 --> 01:57:04,616
while discovering,
amplifying and aligning
2147
01:57:04,784 --> 01:57:09,904
with the signal coming
from our true empirical oneness.
2148
01:57:11,658 --> 01:57:12,941
It is up to you.
2149
01:57:15,595 --> 01:57:20,068
What we are trying in all
these discussions and talks here,
2150
01:57:20,767 --> 01:57:26,413
is to see if we cannot radically
bring about a transformism of the mind.
2151
01:57:28,274 --> 01:57:30,473
Not accept things
as they are...
2152
01:57:33,813 --> 01:57:36,983
but to understand it,
to go into it, to examine it,
2153
01:57:37,018 --> 01:57:40,051
give your heart and your mind
with every thing
2154
01:57:40,086 --> 01:57:41,730
that you have
to find out.
2155
01:57:41,765 --> 01:57:43,845
A way of
living differently.
2156
01:57:48,895 --> 01:57:52,500
But, that depends on you
and not somebody else.
2157
01:57:53,766 --> 01:57:55,619
Because in this,
there is no teacher,
2158
01:57:55,868 --> 01:57:57,058
no pupil.
2159
01:57:57,770 --> 01:57:58,968
There's no leader,
2160
01:58:00,339 --> 01:58:01,588
there's no guru,
2161
01:58:01,974 --> 01:58:03,852
there's no master,
no savior.
2162
01:58:03,876 --> 01:58:06,398
You yourself are
the teacher and the pupil,
2163
01:58:06,433 --> 01:58:09,336
you're the master, you're the guru,
you are the leader...
2164
01:58:09,649 --> 01:58:11,310
You are everything!
2165
01:58:12,618 --> 01:58:13,324
And,
2166
01:58:15,288 --> 01:58:16,617
to understand...
2167
01:58:17,390 --> 01:58:19,552
is to transform
what is.
2168
02:01:48,028 --> 02:01:58,095
Final Edits By: VeRdiKT
[SubScene.com]
2169
02:02:49,972 --> 02:02:59,023
Dedicated to:
The Zeitgeist Movement.
2170
02:03:02,798 --> 02:03:06,886
Join TheZeitgeistMovement.com
and change the world today!
2171
02:03:07,305 --> 02:03:13,922
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