1 00:00:02,000 --> 00:00:07,000 Downloaded from www.opensubtitles.org 2 00:00:25,458 --> 00:00:30,911 The old appeals to racial, sexual or religious chauvinism, 3 00:00:30,964 --> 00:00:34,943 to rabid nationalist fervor are beginning not to work. 4 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, 5 00:00:39,272 --> 00:00:41,009 All that's learned along the way. 6 00:00:41,044 --> 00:00:41,889 It's just a ride... 7 00:00:42,642 --> 00:00:44,691 And we can change it anytime we want. 8 00:00:44,726 --> 00:00:46,241 It's only the choice. 9 00:00:46,301 --> 00:00:49,310 No effort, no work, no job, no savings of money. 10 00:00:49,345 --> 00:00:50,920 I realised I had the game wrong. 11 00:00:52,048 --> 00:00:54,954 The game was to find out what I already was. 12 00:01:58,618 --> 00:02:00,172 We were seeing 13 00:02:02,022 --> 00:02:04,791 how very important it is 14 00:02:05,658 --> 00:02:08,244 to bring about, in the human mind, 15 00:02:09,362 --> 00:02:11,504 the radical revolution. 16 00:02:13,967 --> 00:02:20,606 The crisis is a crisis in consciousness. 17 00:02:23,355 --> 00:02:29,748 A crisis that cannot, anymore, 18 00:02:29,816 --> 00:02:32,275 accept the old norms, 19 00:02:32,952 --> 00:02:34,489 the old patterns, 20 00:02:36,056 --> 00:02:39,315 the ancient traditions. 21 00:02:39,959 --> 00:02:46,122 And, considering what the world is now, 22 00:02:47,934 --> 00:02:49,936 with all the misery, 23 00:02:49,836 --> 00:02:51,160 conflict, 24 00:02:52,438 --> 00:02:54,683 destructive brutality, 25 00:02:54,941 --> 00:02:56,074 aggression, 26 00:02:56,943 --> 00:02:57,867 and so on... 27 00:03:00,513 --> 00:03:01,517 Man... 28 00:03:02,849 --> 00:03:04,824 is still as he was. 29 00:03:05,952 --> 00:03:07,583 Is still brutal, 30 00:03:07,954 --> 00:03:08,904 violent, 31 00:03:08,955 --> 00:03:10,224 aggressive, 32 00:03:10,356 --> 00:03:11,642 acquisitive, 33 00:03:11,958 --> 00:03:13,092 competitive. 34 00:03:14,060 --> 00:03:18,059 and, he's built a society 35 00:03:18,264 --> 00:03:19,914 along these lines. 36 00:04:25,965 --> 00:04:27,166 Society today, 37 00:04:27,166 --> 00:04:30,297 is composed of a series of institutions. 38 00:04:30,937 --> 00:04:33,005 From political institutions, 39 00:04:33,040 --> 00:04:34,666 legal institutions, 40 00:04:34,701 --> 00:04:36,418 religious institutions. 41 00:04:36,609 --> 00:04:38,711 to institutions of social class, 42 00:04:38,746 --> 00:04:39,989 familiar values, 43 00:04:40,046 --> 00:04:41,979 and occupational specialization. 44 00:04:42,515 --> 00:04:46,443 It is obvious, the profound influence these traditionalized structures have 45 00:04:46,686 --> 00:04:49,510 in shaping our understandings and perspectives. 46 00:04:51,491 --> 00:04:54,759 Yet, of all the social institutions, we are born into, 47 00:04:54,827 --> 00:04:57,287 directed by and conditioned upon, 48 00:04:57,797 --> 00:05:00,276 there seems to be no system as taken for granted, 49 00:05:00,300 --> 00:05:01,461 and misunderstood, 50 00:05:02,201 --> 00:05:03,784 as the monetary system. 51 00:05:04,671 --> 00:05:07,227 Taking on nearly religious proportions, 52 00:05:07,262 --> 00:05:09,788 the established monetary institution exists 53 00:05:09,839 --> 00:05:13,323 as one of the most unquestioned forms of faith there is. 54 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, 56 00:05:18,006 --> 00:05:19,956 and how it truly affects society, 57 00:05:19,991 --> 00:05:23,853 are unregistered interests of the great majority of the population. 58 00:05:33,099 --> 00:05:38,121 In a world where 1% of the population owns 40% of the planets wealth. 59 00:05:38,504 --> 00:05:42,677 In a world where 34,000 children die every single day 60 00:05:42,712 --> 00:05:45,311 from poverty and preventable diseases, 61 00:05:45,511 --> 00:05:50,947 and, where 50% of the world's population lives on less than 2 dollars a day... 62 00:05:51,284 --> 00:05:52,608 One thing is clear. 63 00:05:53,286 --> 00:05:55,256 Something is very wrong. 64 00:05:55,955 --> 00:05:57,909 And, whether we are aware of it or not, 65 00:05:57,921 --> 00:06:00,960 the lifeblood of all of our established institutions, 66 00:06:00,960 --> 00:06:02,827 and thus society itself, 67 00:06:02,962 --> 00:06:04,280 is money. 68 00:06:05,298 --> 00:06:08,768 Therefore, understanding this institution of monetary policy 69 00:06:08,768 --> 00:06:12,888 is critical to understanding why our lives are the way they are. 70 00:06:13,539 --> 00:06:17,602 Unfortunately, economics is often viewed with confusion and boredom. 71 00:06:17,744 --> 00:06:21,948 Endless streams of financial jargon, coupled with intimidating mathematics, 72 00:06:21,948 --> 00:06:24,984 quickly deters people from attempts at understanding it. 73 00:06:25,385 --> 00:06:27,286 However, the fact is: 74 00:06:27,321 --> 00:06:31,393 The complexity associated with the financial system is a mere mask. 75 00:06:31,624 --> 00:06:35,762 Designed to conceal one of the most socially paralyzing structures, 76 00:06:35,762 --> 00:06:38,229 humanity has ever endured. 77 00:06:57,984 --> 00:07:01,204 A number of years ago, the central bank of the United States, 78 00:07:01,239 --> 00:07:02,682 the Federal Reserve, 79 00:07:02,717 --> 00:07:06,280 produced a document entitled Modern Money Mechanics. 80 00:07:06,325 --> 00:07:08,332 This publication detailed the 81 00:07:08,662 --> 00:07:10,997 institutionalized practice of money creation, 82 00:07:10,997 --> 00:07:13,532 as utilized by the Federal Reserve and 83 00:07:13,533 --> 00:07:16,068 the web of global commercial banks it supports. 84 00:07:16,068 --> 00:07:19,153 On the opening page, the document states its objective. 85 00:07:19,188 --> 00:07:20,663 The purpose of this booklet is to 86 00:07:20,712 --> 00:07:23,376 describe the basic process of money creation 87 00:07:23,376 --> 00:07:25,826 in a 'fractional reserve' banking system. 88 00:07:25,978 --> 00:07:29,582 It then precedes to describe this fractional reserve process 89 00:07:29,582 --> 00:07:31,835 through various banking terminology. 90 00:07:32,251 --> 00:07:35,239 A translation of which goes something like this: 91 00:07:36,289 --> 00:07:39,281 The United States government decides it needs some money. 92 00:07:39,316 --> 00:07:41,584 So it calls up the Federal Reserve and requests, 93 00:07:41,614 --> 00:07:43,694 say, 10 billion dollars. 94 00:07:43,996 --> 00:07:45,504 The FED replies, saying: 95 00:07:45,555 --> 00:07:48,751 Sure, we'll buy ten billion in government bonds from you. 96 00:07:48,968 --> 00:07:51,771 So the government takes some pieces of paper, 97 00:07:51,806 --> 00:07:54,133 paints some official looking designs on them 98 00:07:54,184 --> 00:07:55,830 and calls them treasury bonds. 99 00:07:55,975 --> 00:07:59,979 Then it puts a value on these bonds to the sum of 10 billion dollars 100 00:07:59,979 --> 00:08:01,970 and sends them over to the FED. 101 00:08:02,648 --> 00:08:04,507 In turn, the people of the FED 102 00:08:04,548 --> 00:08:07,335 drop a bunch of impressive pieces of papers themselves. 103 00:08:07,370 --> 00:08:10,344 Only this time, calling them Federal Reserve notes. 104 00:08:10,456 --> 00:08:14,272 Also designating a value of ten billion dollars to the set. 105 00:08:14,560 --> 00:08:18,346 The FED than takes these notes and trades them for the bonds. 106 00:08:18,381 --> 00:08:20,132 Once this exchange is complete, 107 00:08:20,132 --> 00:08:23,603 the government then takes the ten billion in Federal Reserve notes, 108 00:08:23,603 --> 00:08:26,037 and deposits it into an bank account. 109 00:08:26,072 --> 00:08:30,576 And, upon this deposit, the paper notes officially become legal tender money, 110 00:08:30,576 --> 00:08:33,473 adding ten billion to the US money supply. 111 00:08:33,980 --> 00:08:37,757 And there it is, ten billion in new money has been created. 112 00:08:38,551 --> 00:08:40,920 Of course, this example is a generalization. 113 00:08:40,920 --> 00:08:45,171 For, in reality, this transaction would occur electronically, 114 00:08:45,206 --> 00:08:46,806 with no paper used at all. 115 00:08:46,993 --> 00:08:50,169 In fact, only three percent of the US money supply 116 00:08:50,208 --> 00:08:52,483 exists in physical currency. 117 00:08:52,765 --> 00:08:56,984 The other 97 percent essentially exists in computers alone. 118 00:08:57,970 --> 00:09:02,610 Now, government bonds are by design, instruments of debt. 119 00:09:02,645 --> 00:09:04,854 And when the FED purchases these bonds, 120 00:09:04,883 --> 00:09:07,647 with money it essentially created out of thin air, 121 00:09:07,647 --> 00:09:10,316 the government is actually promising to pay back 122 00:09:10,316 --> 00:09:12,053 that money to the FED. 123 00:09:12,747 --> 00:09:16,322 In other words, the money was created out of debt. 124 00:09:17,156 --> 00:09:20,660 This mind numbing paradox, of how money or value 125 00:09:20,660 --> 00:09:22,495 can be created out of debt, 126 00:09:22,530 --> 00:09:26,999 or liability, will become more clear as we further this exercise. 127 00:09:27,400 --> 00:09:29,031 So, the exchange has been made. 128 00:09:29,092 --> 00:09:32,436 And now, ten billion dollars sits in a commercial bank account. 129 00:09:32,471 --> 00:09:34,369 Here is where it gets really interesting. 130 00:09:34,649 --> 00:09:37,147 For, as based on the fractional reserve practice, 131 00:09:37,243 --> 00:09:39,445 that ten billion dollar deposit 132 00:09:39,480 --> 00:09:42,368 instantly becomes part of the bank's reserves, 133 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: 135 00:09:50,089 --> 00:09:52,992 A bank must maintain legally required reserves 136 00:09:52,992 --> 00:09:56,337 equal to a prescribed percentage of its deposits. 137 00:09:56,429 --> 00:09:58,531 It then quantifies this by stating: 138 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. 140 00:10:05,972 --> 00:10:08,642 This means that with a ten billion dollar deposit, 141 00:10:08,677 --> 00:10:10,598 ten percent, or one billion, 142 00:10:10,633 --> 00:10:12,708 is held as the required reserve, 143 00:10:12,979 --> 00:10:17,027 while the other nine billion is considered an excessive reserve, 144 00:10:17,062 --> 00:10:18,686 and can be used as the basis 145 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 147 00:10:24,926 --> 00:10:28,628 is literally coming out of the existing ten billion dollar deposit. 148 00:10:28,795 --> 00:10:31,111 However, this is actually not the case. 149 00:10:31,153 --> 00:10:33,578 What really happens, is that the nine billion 150 00:10:33,666 --> 00:10:35,710 is simply created out of thin air 151 00:10:35,780 --> 00:10:38,835 on top of the existing 10 billion dollar deposit. 152 00:10:39,087 --> 00:10:41,633 This is how the money supply is expanded. 153 00:10:42,074 --> 00:10:44,291 As stated in Modern Money Mechanics: 154 00:10:44,326 --> 00:10:46,062 Of course they, the banks, 155 00:10:46,091 --> 00:10:48,202 do not really pay out loans for the money 156 00:10:48,237 --> 00:10:49,777 they receive as deposits. 157 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 159 00:10:54,987 --> 00:10:56,988 is to accept promissory notes, 160 00:10:56,989 --> 00:10:58,103 loan contracts, 161 00:10:58,138 --> 00:11:00,593 in exchange for credits, money, 162 00:11:00,628 --> 00:11:02,495 to the borrowers' transaction accounts. 163 00:11:02,595 --> 00:11:06,246 In other words, the nine billion can be created out of nothing, 164 00:11:06,281 --> 00:11:08,885 simply because there is a demand for such a loan, 165 00:11:08,968 --> 00:11:11,322 and that there is a 10 billion dollar deposit 166 00:11:11,373 --> 00:11:13,555 to satisfy the reserve requirements. 167 00:11:14,774 --> 00:11:17,669 Now let's assume that somebody walks into this bank 168 00:11:17,720 --> 00:11:20,655 and borrows the newly available nine billion dollars. 169 00:11:20,980 --> 00:11:24,391 They will then most likely take that money and deposit it 170 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. 172 00:11:29,623 --> 00:11:32,417 For that deposit becomes part of the bank's reserves. 173 00:11:32,452 --> 00:11:36,595 Ten percent is isolated, and in turn, 90 percent of the nine billion, 174 00:11:36,595 --> 00:11:41,485 or 8.1 billion is now availlable as newly created money for more loans. 175 00:11:41,534 --> 00:11:45,362 And, of course, that 8.1 can be loaned out and redeposited, 176 00:11:45,403 --> 00:11:47,650 creating an additional 7.2 billion 177 00:11:48,345 --> 00:11:52,978 to 6.5 billion, to 5.9 billion, etc. 178 00:11:53,813 --> 00:11:58,915 This deposit money creation loan cycle can technically go on to infinity. 179 00:11:58,984 --> 00:12:03,326 The average mathematical result is that about 90 billion dollars 180 00:12:03,361 --> 00:12:06,644 can be created on top of the original 10 billion. 181 00:12:06,992 --> 00:12:11,230 In other words, for every deposit that ever occurs in the banking system, 182 00:12:11,231 --> 00:12:15,244 about nine times that amount can be created out of thin air. 183 00:12:15,801 --> 00:12:17,194 Money jitters. 184 00:12:17,445 --> 00:12:20,581 Ask the obliging Bank of America for a jar of 185 00:12:20,616 --> 00:12:22,212 soothing instant money. 186 00:12:22,247 --> 00:12:26,968 M-O-N-E-Y in the form of a convenient personal loan. 187 00:12:28,981 --> 00:12:31,519 So, now that we understand how money is created 188 00:12:31,554 --> 00:12:34,220 by this fractional reserve banking system. 189 00:12:34,255 --> 00:12:37,795 A logical, yet illusive question might come to mind: 190 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. 192 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, 194 00:12:54,009 --> 00:12:56,929 irrespective to demand for goods and services. 195 00:12:56,976 --> 00:12:59,796 And, as supply and demand defines equilibrium, 196 00:12:59,979 --> 00:13:01,092 Prices rise, 197 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. 204 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. 207 00:13:30,655 --> 00:13:32,978 Yet there is so-called capital. 208 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, 211 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, 216 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 Ărbenz 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 Ărbenz 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 Ărbenz 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 02:03:08,000 --> 02:03:13,000 Best watched using Open Subtitles MKV Player