WEBVTT 00:00:02.000 --> 00:00:07.000 Downloaded from www.opensubtitles.org 00:00:25.458 --> 00:00:30.911 The old appeals to racial, sexual or religious chauvinism, 00:00:30.964 --> 00:00:34.943 to rabid nationalist fervor are beginning not to work. 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, 00:00:39.272 --> 00:00:41.009 All that's learned along the way. 00:00:41.044 --> 00:00:41.889 It's just a ride... 00:00:42.642 --> 00:00:44.691 And we can change it anytime we want. 00:00:44.726 --> 00:00:46.241 It's only the choice. 00:00:46.301 --> 00:00:49.310 No effort, no work, no job, no savings of money. 00:00:49.345 --> 00:00:50.920 I realised I had the game wrong. 00:00:52.048 --> 00:00:54.954 The game was to find out what I already was. 00:01:58.618 --> 00:02:00.172 We were seeing 00:02:02.022 --> 00:02:04.791 how very important it is 00:02:05.658 --> 00:02:08.244 to bring about, in the human mind, 00:02:09.362 --> 00:02:11.504 the radical revolution. 00:02:13.967 --> 00:02:20.606 The crisis is a crisis in consciousness. 00:02:23.355 --> 00:02:29.748 A crisis that cannot, anymore, 00:02:29.816 --> 00:02:32.275 accept the old norms, 00:02:32.952 --> 00:02:34.489 the old patterns, 00:02:36.056 --> 00:02:39.315 the ancient traditions. 00:02:39.959 --> 00:02:46.122 And, considering what the world is now, 00:02:47.934 --> 00:02:49.936 with all the misery, 00:02:49.836 --> 00:02:51.160 conflict, 00:02:52.438 --> 00:02:54.683 destructive brutality, 00:02:54.941 --> 00:02:56.074 aggression, 00:02:56.943 --> 00:02:57.867 and so on... 00:03:00.513 --> 00:03:01.517 Man... 00:03:02.849 --> 00:03:04.824 is still as he was. 00:03:05.952 --> 00:03:07.583 Is still brutal, 00:03:07.954 --> 00:03:08.904 violent, 00:03:08.955 --> 00:03:10.224 aggressive, 00:03:10.356 --> 00:03:11.642 acquisitive, 00:03:11.958 --> 00:03:13.092 competitive. 00:03:14.060 --> 00:03:18.059 and, he's built a society 00:03:18.264 --> 00:03:19.914 along these lines. 00:04:25.965 --> 00:04:27.166 Society today, 00:04:27.166 --> 00:04:30.297 is composed of a series of institutions. 00:04:30.937 --> 00:04:33.005 From political institutions, 00:04:33.040 --> 00:04:34.666 legal institutions, 00:04:34.701 --> 00:04:36.418 religious institutions. 00:04:36.609 --> 00:04:38.711 to institutions of social class, 00:04:38.746 --> 00:04:39.989 familiar values, 00:04:40.046 --> 00:04:41.979 and occupational specialization. 00:04:42.515 --> 00:04:46.443 It is obvious, the profound influence these traditionalized structures have 00:04:46.686 --> 00:04:49.510 in shaping our understandings and perspectives. 00:04:51.491 --> 00:04:54.759 Yet, of all the social institutions, we are born into, 00:04:54.827 --> 00:04:57.287 directed by and conditioned upon, 00:04:57.797 --> 00:05:00.276 there seems to be no system as taken for granted, 00:05:00.300 --> 00:05:01.461 and misunderstood, 00:05:02.201 --> 00:05:03.784 as the monetary system. 00:05:04.671 --> 00:05:07.227 Taking on nearly religious proportions, 00:05:07.262 --> 00:05:09.788 the established monetary institution exists 00:05:09.839 --> 00:05:13.323 as one of the most unquestioned forms of faith there is. 00:05:13.946 --> 00:05:15.497 How money is created, 00:05:15.948 --> 00:05:17.971 the policies by which it is governed, 00:05:18.006 --> 00:05:19.956 and how it truly affects society, 00:05:19.991 --> 00:05:23.853 are unregistered interests of the great majority of the population. 00:05:33.099 --> 00:05:38.121 In a world where 1% of the population owns 40% of the planets wealth. 00:05:38.504 --> 00:05:42.677 In a world where 34,000 children die every single day 00:05:42.712 --> 00:05:45.311 from poverty and preventable diseases, 00:05:45.511 --> 00:05:50.947 and, where 50% of the world's population lives on less than 2 dollars a day... 00:05:51.284 --> 00:05:52.608 One thing is clear. 00:05:53.286 --> 00:05:55.256 Something is very wrong. 00:05:55.955 --> 00:05:57.909 And, whether we are aware of it or not, 00:05:57.921 --> 00:06:00.960 the lifeblood of all of our established institutions, 00:06:00.960 --> 00:06:02.827 and thus society itself, 00:06:02.962 --> 00:06:04.280 is money. 00:06:05.298 --> 00:06:08.768 Therefore, understanding this institution of monetary policy 00:06:08.768 --> 00:06:12.888 is critical to understanding why our lives are the way they are. 00:06:13.539 --> 00:06:17.602 Unfortunately, economics is often viewed with confusion and boredom. 00:06:17.744 --> 00:06:21.948 Endless streams of financial jargon, coupled with intimidating mathematics, 00:06:21.948 --> 00:06:24.984 quickly deters people from attempts at understanding it. 00:06:25.385 --> 00:06:27.286 However, the fact is: 00:06:27.321 --> 00:06:31.393 The complexity associated with the financial system is a mere mask. 00:06:31.624 --> 00:06:35.762 Designed to conceal one of the most socially paralyzing structures, 00:06:35.762 --> 00:06:38.229 humanity has ever endured. 00:06:57.984 --> 00:07:01.204 A number of years ago, the central bank of the United States, 00:07:01.239 --> 00:07:02.682 the Federal Reserve, 00:07:02.717 --> 00:07:06.280 produced a document entitled Modern Money Mechanics. 00:07:06.325 --> 00:07:08.332 This publication detailed the 00:07:08.662 --> 00:07:10.997 institutionalized practice of money creation, 00:07:10.997 --> 00:07:13.532 as utilized by the Federal Reserve and 00:07:13.533 --> 00:07:16.068 the web of global commercial banks it supports. 00:07:16.068 --> 00:07:19.153 On the opening page, the document states its objective. 00:07:19.188 --> 00:07:20.663 The purpose of this booklet is to 00:07:20.712 --> 00:07:23.376 describe the basic process of money creation 00:07:23.376 --> 00:07:25.826 in a 'fractional reserve' banking system. 00:07:25.978 --> 00:07:29.582 It then precedes to describe this fractional reserve process 00:07:29.582 --> 00:07:31.835 through various banking terminology. 00:07:32.251 --> 00:07:35.239 A translation of which goes something like this: 00:07:36.289 --> 00:07:39.281 The United States government decides it needs some money. 00:07:39.316 --> 00:07:41.584 So it calls up the Federal Reserve and requests, 00:07:41.614 --> 00:07:43.694 say, 10 billion dollars. 00:07:43.996 --> 00:07:45.504 The FED replies, saying: 00:07:45.555 --> 00:07:48.751 Sure, we'll buy ten billion in government bonds from you. 00:07:48.968 --> 00:07:51.771 So the government takes some pieces of paper, 00:07:51.806 --> 00:07:54.133 paints some official looking designs on them 00:07:54.184 --> 00:07:55.830 and calls them treasury bonds. 00:07:55.975 --> 00:07:59.979 Then it puts a value on these bonds to the sum of 10 billion dollars 00:07:59.979 --> 00:08:01.970 and sends them over to the FED. 00:08:02.648 --> 00:08:04.507 In turn, the people of the FED 00:08:04.548 --> 00:08:07.335 drop a bunch of impressive pieces of papers themselves. 00:08:07.370 --> 00:08:10.344 Only this time, calling them Federal Reserve notes. 00:08:10.456 --> 00:08:14.272 Also designating a value of ten billion dollars to the set. 00:08:14.560 --> 00:08:18.346 The FED than takes these notes and trades them for the bonds. 00:08:18.381 --> 00:08:20.132 Once this exchange is complete, 00:08:20.132 --> 00:08:23.603 the government then takes the ten billion in Federal Reserve notes, 00:08:23.603 --> 00:08:26.037 and deposits it into an bank account. 00:08:26.072 --> 00:08:30.576 And, upon this deposit, the paper notes officially become legal tender money, 00:08:30.576 --> 00:08:33.473 adding ten billion to the US money supply. 00:08:33.980 --> 00:08:37.757 And there it is, ten billion in new money has been created. 00:08:38.551 --> 00:08:40.920 Of course, this example is a generalization. 00:08:40.920 --> 00:08:45.171 For, in reality, this transaction would occur electronically, 00:08:45.206 --> 00:08:46.806 with no paper used at all. 00:08:46.993 --> 00:08:50.169 In fact, only three percent of the US money supply 00:08:50.208 --> 00:08:52.483 exists in physical currency. 00:08:52.765 --> 00:08:56.984 The other 97 percent essentially exists in computers alone. 00:08:57.970 --> 00:09:02.610 Now, government bonds are by design, instruments of debt. 00:09:02.645 --> 00:09:04.854 And when the FED purchases these bonds, 00:09:04.883 --> 00:09:07.647 with money it essentially created out of thin air, 00:09:07.647 --> 00:09:10.316 the government is actually promising to pay back 00:09:10.316 --> 00:09:12.053 that money to the FED. 00:09:12.747 --> 00:09:16.322 In other words, the money was created out of debt. 00:09:17.156 --> 00:09:20.660 This mind numbing paradox, of how money or value 00:09:20.660 --> 00:09:22.495 can be created out of debt, 00:09:22.530 --> 00:09:26.999 or liability, will become more clear as we further this exercise. 00:09:27.400 --> 00:09:29.031 So, the exchange has been made. 00:09:29.092 --> 00:09:32.436 And now, ten billion dollars sits in a commercial bank account. 00:09:32.471 --> 00:09:34.369 Here is where it gets really interesting. 00:09:34.649 --> 00:09:37.147 For, as based on the fractional reserve practice, 00:09:37.243 --> 00:09:39.445 that ten billion dollar deposit 00:09:39.480 --> 00:09:42.368 instantly becomes part of the bank's reserves, 00:09:42.415 --> 00:09:44.201 just as all deposits do. 00:09:45.318 --> 00:09:49.773 And, regarding reserve requirements as stated in Modern Money Mechanics: 00:09:50.089 --> 00:09:52.992 A bank must maintain legally required reserves 00:09:52.992 --> 00:09:56.337 equal to a prescribed percentage of its deposits. 00:09:56.429 --> 00:09:58.531 It then quantifies this by stating: 00:09:58.531 --> 00:10:00.275 Under current regulations, 00:10:00.310 --> 00:10:04.600 the reserve requirement against most transaction accounts is 10 percent. 00:10:05.972 --> 00:10:08.642 This means that with a ten billion dollar deposit, 00:10:08.677 --> 00:10:10.598 ten percent, or one billion, 00:10:10.633 --> 00:10:12.708 is held as the required reserve, 00:10:12.979 --> 00:10:17.027 while the other nine billion is considered an excessive reserve, 00:10:17.062 --> 00:10:18.686 and can be used as the basis 00:10:18.756 --> 00:10:19.778 for new loans. 00:10:21.654 --> 00:10:24.891 Now, it is logical to assume, that this nine billion 00:10:24.926 --> 00:10:28.628 is literally coming out of the existing ten billion dollar deposit. 00:10:28.795 --> 00:10:31.111 However, this is actually not the case. 00:10:31.153 --> 00:10:33.578 What really happens, is that the nine billion 00:10:33.666 --> 00:10:35.710 is simply created out of thin air 00:10:35.780 --> 00:10:38.835 on top of the existing 10 billion dollar deposit. 00:10:39.087 --> 00:10:41.633 This is how the money supply is expanded. 00:10:42.074 --> 00:10:44.291 As stated in Modern Money Mechanics: 00:10:44.326 --> 00:10:46.062 Of course they, the banks, 00:10:46.091 --> 00:10:48.202 do not really pay out loans for the money 00:10:48.237 --> 00:10:49.777 they receive as deposits. 00:10:49.982 --> 00:10:53.108 If they did this, no additional money would be created. 00:10:53.143 --> 00:10:54.987 What they do when they make loans 00:10:54.987 --> 00:10:56.988 is to accept promissory notes, 00:10:56.989 --> 00:10:58.103 loan contracts, 00:10:58.138 --> 00:11:00.593 in exchange for credits, money, 00:11:00.628 --> 00:11:02.495 to the borrowers' transaction accounts. 00:11:02.595 --> 00:11:06.246 In other words, the nine billion can be created out of nothing, 00:11:06.281 --> 00:11:08.885 simply because there is a demand for such a loan, 00:11:08.968 --> 00:11:11.322 and that there is a 10 billion dollar deposit 00:11:11.373 --> 00:11:13.555 to satisfy the reserve requirements. 00:11:14.774 --> 00:11:17.669 Now let's assume that somebody walks into this bank 00:11:17.720 --> 00:11:20.655 and borrows the newly available nine billion dollars. 00:11:20.980 --> 00:11:24.391 They will then most likely take that money and deposit it 00:11:24.441 --> 00:11:25.853 into their own bank account. 00:11:27.653 --> 00:11:29.588 The process then repeats. 00:11:29.623 --> 00:11:32.417 For that deposit becomes part of the bank's reserves. 00:11:32.452 --> 00:11:36.595 Ten percent is isolated, and in turn, 90 percent of the nine billion, 00:11:36.595 --> 00:11:41.485 or 8.1 billion is now availlable as newly created money for more loans. 00:11:41.534 --> 00:11:45.362 And, of course, that 8.1 can be loaned out and redeposited, 00:11:45.403 --> 00:11:47.650 creating an additional 7.2 billion 00:11:48.345 --> 00:11:52.978 to 6.5 billion, to 5.9 billion, etc. 00:11:53.813 --> 00:11:58.915 This deposit money creation loan cycle can technically go on to infinity. 00:11:58.984 --> 00:12:03.326 The average mathematical result is that about 90 billion dollars 00:12:03.361 --> 00:12:06.644 can be created on top of the original 10 billion. 00:12:06.992 --> 00:12:11.230 In other words, for every deposit that ever occurs in the banking system, 00:12:11.231 --> 00:12:15.244 about nine times that amount can be created out of thin air. 00:12:15.801 --> 00:12:17.194 Money jitters. 00:12:17.445 --> 00:12:20.581 Ask the obliging Bank of America for a jar of 00:12:20.616 --> 00:12:22.212 soothing instant money. 00:12:22.247 --> 00:12:26.968 M-O-N-E-Y in the form of a convenient personal loan. 00:12:28.981 --> 00:12:31.519 So, now that we understand how money is created 00:12:31.554 --> 00:12:34.220 by this fractional reserve banking system. 00:12:34.255 --> 00:12:37.795 A logical, yet illusive question might come to mind: 00:12:37.990 --> 00:12:41.442 What is actually giving this newly created money value? 00:12:41.994 --> 00:12:45.260 The answer: The money that already exists. 00:12:46.098 --> 00:12:50.544 The new money essentially steals value from the existing money supply. 00:12:50.970 --> 00:12:53.974 For the total pool of money is being increased, 00:12:54.009 --> 00:12:56.929 irrespective to demand for goods and services. 00:12:56.976 --> 00:12:59.796 And, as supply and demand defines equilibrium, 00:12:59.979 --> 00:13:01.092 Prices rise, 00:13:01.143 --> 00:13:04.544 diminishing the purchasing power of each individual dollar. 00:13:04.984 --> 00:13:08.000 This is generally referred to as inflation. 00:13:08.035 --> 00:13:12.293 And inflation is essentially a hidden tax on the public. 00:13:12.992 --> 00:13:14.457 What is the advice that you generally get? 00:13:14.508 --> 00:13:16.626 And that is, inflate the currency. 00:13:16.666 --> 00:13:19.999 They don't say: debase the currency. They don't say: devalue the currency. 00:13:19.999 --> 00:13:21.984 They don't say: Cheat the people who are safe. 00:13:21.985 --> 00:13:24.001 They say: Lower the interest rates. 00:13:24.019 --> 00:13:27.785 The real deception is when we distort the value of money. 00:13:27.820 --> 00:13:30.615 When we create money out of thin air, we have no savings. 00:13:30.655 --> 00:13:32.978 Yet there is so-called capital. 00:13:32.978 --> 00:13:35.428 So, my question boils down to this: 00:13:35.478 --> 00:13:40.658 How in the world can we expect to solve the problems of inflation? 00:13:40.786 --> 00:13:42.902 That is, increase in the supply of money, 00:13:42.903 --> 00:13:45.019 with more inflation. 00:13:45.054 --> 00:13:46.877 Of course, it can't. 00:13:46.992 --> 00:13:50.099 The fractional reserve system of monetary expansion 00:13:50.151 --> 00:13:51.997 is inherently inflationary. 00:13:51.997 --> 00:13:54.320 For the act of expanding the money supply, 00:13:54.371 --> 00:13:55.573 without there being 00:13:55.608 --> 00:13:58.971 a proportional expansion of goods and services in the economy, 00:13:58.971 --> 00:14:01.174 will always debase a currency. 00:14:01.307 --> 00:14:04.182 In fact, the quick glance of the historical values 00:14:04.252 --> 00:14:06.745 of the US dollar, versus the money supply, 00:14:06.745 --> 00:14:08.613 reflects this point definitively, 00:14:08.781 --> 00:14:11.078 for the inverse relationship is obvious. 00:14:12.985 --> 00:14:20.923 One dollar in 1913 required $21.60 in 2007 to match value. 00:14:21.994 --> 00:14:24.700 That is a 96% devaluation 00:14:24.800 --> 00:14:27.967 since the Federal Reserve came into existence. 00:14:29.969 --> 00:14:33.973 Now, if this reality of inherent and perpetual inflation 00:14:33.974 --> 00:14:37.724 seems absurd and economically self-defeating, 00:14:38.180 --> 00:14:41.974 hold that thought, for absurdity is an understatement, 00:14:42.074 --> 00:14:45.735 in regard to how our financial system really operates. 00:14:46.385 --> 00:14:50.600 For in our financial system, money is debt, 00:14:50.990 --> 00:14:52.875 and debt is money. 00:14:53.659 --> 00:14:58.389 Here is a chart of the US money supply from 1950 to 2006. 00:14:59.298 --> 00:15:02.551 Here is a chart of the US national debt for the same period. 00:15:02.868 --> 00:15:06.322 How interesting it is, that the trends, are virtually the same. 00:15:06.972 --> 00:15:10.045 For the more money there is, the more debt there is. 00:15:10.309 --> 00:15:13.026 The more debt there is, the more money there is. 00:15:13.512 --> 00:15:17.021 To put it a different way, every single dollar in your wallet 00:15:17.061 --> 00:15:19.837 is owed to somebody by somebody. 00:15:19.872 --> 00:15:20.678 For remember: 00:15:20.880 --> 00:15:24.397 The only way the money can come in to existence is from loans. 00:15:24.523 --> 00:15:28.252 Therefore, if everyone in the country were able to pay off all debts, 00:15:28.287 --> 00:15:29.828 including the government, 00:15:29.828 --> 00:15:32.659 there would not be one dollar in circulation. 00:15:43.375 --> 00:15:46.020 In fact, the last time in American history, 00:15:46.055 --> 00:15:48.151 the national debt was completely paid off 00:15:48.201 --> 00:15:52.064 was in 1835, after President Andrew Jackson, 00:15:52.114 --> 00:15:55.807 shut down the Central Bank that preceded the Federal Reserve. 00:15:56.088 --> 00:15:59.124 In fact, Jackson's entire political platform 00:15:59.159 --> 00:16:01.418 essentially revolved around his commitment 00:16:01.453 --> 00:16:03.207 to shut down the Central Bank. 00:16:03.242 --> 00:16:04.385 Stating that one point: 00:16:04.426 --> 00:16:08.198 The bold efforts the present bank has made to control the government... 00:16:08.199 --> 00:16:11.871 are but premonitions of the fate that awaits the American people, 00:16:11.871 --> 00:16:15.207 Should they be deluded into a perpetuation of this institution 00:16:15.207 --> 00:16:17.538 or, the establishment of another like it. 00:16:18.234 --> 00:16:20.614 Unfortunately, this message was short lived. 00:16:20.779 --> 00:16:26.079 And the international bankers succeeded to install another central bank in 1913, 00:16:26.114 --> 00:16:27.558 The Federal Reserve. 00:16:27.869 --> 00:16:29.956 And as long as this institution exists, 00:16:29.989 --> 00:16:32.799 perpetual debt is guaranteed. 00:16:34.460 --> 00:16:37.342 Now, so far we have discussed the reality 00:16:37.392 --> 00:16:40.928 that money is created out of debt through loans. 00:16:41.000 --> 00:16:43.037 These loans are based on a bank's reserves, 00:16:43.072 --> 00:16:45.693 and reserves are derived from deposits. 00:16:45.728 --> 00:16:47.943 And through this fractional reserve system, 00:16:47.978 --> 00:16:51.624 any one deposit can create 9 times its original value. 00:16:51.977 --> 00:16:54.659 In turn, debasing the existing money supply, 00:16:54.711 --> 00:16:56.921 raising prices in society. 00:16:56.982 --> 00:16:59.985 And, since all this money is created out of debt, 00:16:59.985 --> 00:17:02.907 and circulated randomly through commerce, 00:17:02.988 --> 00:17:05.979 people become detached from their original debt. 00:17:06.161 --> 00:17:08.224 And a disequilibrium exists, 00:17:08.265 --> 00:17:10.915 where people are forced to compete for labor, 00:17:10.965 --> 00:17:13.959 in order to pull enough money out of the money supply 00:17:13.999 --> 00:17:15.953 to cover their costs of living. 00:17:17.436 --> 00:17:21.005 As dysfunctional and backwards as all of this might seem, 00:17:21.040 --> 00:17:24.300 there is still one thing we have omitted from this equation. 00:17:24.977 --> 00:17:27.880 And it is this element of the structure 00:17:27.980 --> 00:17:32.076 which reveals the truly fraudulent nature of the system itself. 00:17:33.552 --> 00:17:36.209 The application of interest. 00:17:38.023 --> 00:17:40.397 When the government borrows money from the FED, 00:17:40.510 --> 00:17:42.827 or when a person borrows money from a bank, 00:17:42.995 --> 00:17:46.635 it almost always has to be payed back with a crude interest. 00:17:47.966 --> 00:17:50.969 In other words, almost every single dollar that exists 00:17:50.969 --> 00:17:54.994 must be eventually returned to a bank, with interest payed as well. 00:17:55.307 --> 00:17:56.008 But, 00:17:56.008 --> 00:17:58.830 if all money is borrowed from the Central Bank 00:17:59.346 --> 00:18:02.257 and is expanded by commercial banks through loans, 00:18:02.981 --> 00:18:05.984 only what would be refered to as the principal 00:18:05.984 --> 00:18:07.916 is been created in the money supply. 00:18:08.987 --> 00:18:13.892 So then, where is the money to cover all of the interest that is charged? 00:18:14.593 --> 00:18:15.523 Nowhere. 00:18:15.994 --> 00:18:17.528 It doesn't exist. 00:18:17.996 --> 00:18:20.667 The ramifications of this are staggering, 00:18:20.702 --> 00:18:22.972 for the amount of money owed back to the banks 00:18:23.030 --> 00:18:26.984 will always exceed the amount of money that is available in circulation. 00:18:27.506 --> 00:18:30.935 This is why inflation is a constant in the economy, 00:18:30.976 --> 00:18:33.200 For new money is always needed 00:18:33.229 --> 00:18:37.263 to help cover the perpetual deficit build into the system, 00:18:37.298 --> 00:18:39.971 caused by the need to pay the interest. 00:18:39.985 --> 00:18:41.647 What this also means, 00:18:41.687 --> 00:18:44.735 is that mathematically, defaults and bankruptcy 00:18:44.776 --> 00:18:46.930 are literally built into the system. 00:18:46.992 --> 00:18:49.919 And there will always be poor pockets of society 00:18:49.979 --> 00:18:52.026 that get the short end of the stick. 00:18:52.061 --> 00:18:54.859 An analogy would be a game of musical chairs, 00:18:54.867 --> 00:18:58.099 for the once music stops, somebody is left out to dry. 00:18:58.971 --> 00:19:00.518 And that's the point. 00:19:00.973 --> 00:19:05.138 It invariably transfers true wealth for the individual to the banks. 00:19:05.173 --> 00:19:08.327 For, if you are unable to pay for your mortgage, 00:19:08.362 --> 00:19:09.752 they will take your property. 00:19:09.787 --> 00:19:12.527 This is particularly enraging when you realize, 00:19:12.562 --> 00:19:15.457 that not only is such a default inevitable 00:19:15.492 --> 00:19:17.475 due to the fractional reserve practice. 00:19:17.510 --> 00:19:18.991 But, also because of the fact 00:19:18.991 --> 00:19:21.541 that the money that the bank loaned to you 00:19:21.592 --> 00:19:24.893 didn't even legally exist in the first place. 00:19:24.997 --> 00:19:28.514 In 1969, there was a Minnesota court case 00:19:28.549 --> 00:19:31.008 involving a man named Jerome Daly, 00:19:31.043 --> 00:19:33.809 who was challenging the foreclosure of his home by the bank, 00:19:33.844 --> 00:19:35.879 which provided the loan to purchase it. 00:19:35.974 --> 00:19:40.090 His argument was that the mortgage contract required both parties, 00:19:40.125 --> 00:19:41.574 being he and the bank, 00:19:41.609 --> 00:19:45.367 each put up a legitimate form of property for the exchange. 00:19:45.984 --> 00:19:49.257 In legal language, this is called consideration. 00:19:53.992 --> 00:19:58.800 Mr. Daly explained that the money was, in fact, not the property of the bank. 00:19:58.835 --> 00:20:01.016 For it was created out of nothing, 00:20:01.056 --> 00:20:03.123 as soon as the loan agreement was signed. 00:20:03.268 --> 00:20:06.502 Remember what Modern Money Mechanics stated about loans? 00:20:06.772 --> 00:20:08.299 What they do, when they make loans, 00:20:08.330 --> 00:20:11.547 is to accept promissory notes, in exchange for credits. 00:20:11.977 --> 00:20:14.513 Reserves are unchanged by the loan transactions. 00:20:14.513 --> 00:20:17.458 But, deposit credits constitute new additions 00:20:17.499 --> 00:20:20.227 to the total deposits of the banking system. 00:20:20.262 --> 00:20:23.698 In other words, the money doesn't come out of their existing assets. 00:20:23.945 --> 00:20:27.590 The bank is simply inventing it, putting up nothing of it's own, 00:20:27.626 --> 00:20:30.603 except for a theoretical liability, on paper. 00:20:30.996 --> 00:20:33.789 As the court case progressed, the bank's president, 00:20:33.831 --> 00:20:35.669 Mr. Morgan, took the stand. 00:20:35.701 --> 00:20:37.903 And in the judge's personal memorandum, 00:20:37.938 --> 00:20:40.790 he recalled that the Plaintiff, bank's president, 00:20:40.825 --> 00:20:44.242 admitted that, in combination with the Federal Reserve Bank 00:20:44.286 --> 00:20:46.195 did create the money and credits 00:20:46.230 --> 00:20:48.833 upon its books by book-keeping entry. 00:20:48.981 --> 00:20:51.072 The money and credit first came into existence 00:20:51.091 --> 00:20:52.023 when they created it. 00:20:52.063 --> 00:20:56.532 Mr. Morgan admitted that no United States Law or Statute existed 00:20:56.567 --> 00:20:58.512 which gave him the right to do this. 00:20:58.590 --> 00:21:02.995 A lawful consideration must exist and be tendered to support the Note. 00:21:03.030 --> 00:21:06.300 The Jury found that there was no lawful consideration and I agree. 00:21:06.632 --> 00:21:08.137 He also poetically added: 00:21:08.188 --> 00:21:11.525 Only God can create something of value, out of nothing. 00:21:12.070 --> 00:21:13.940 And, upon this revelation, 00:21:13.969 --> 00:21:18.718 the court rejected the bank's claim for foreclosure and Daly kept his home. 00:21:19.978 --> 00:21:22.584 The implications of this court decision are immense. 00:21:22.781 --> 00:21:25.389 For every time you borrow money from a bank, 00:21:25.419 --> 00:21:28.476 whether it is a mortgage loan or a credit card charge, 00:21:28.987 --> 00:21:31.593 the money given to you is not only counterfeit, 00:21:31.634 --> 00:21:34.567 it is a illegitimate form of consideration. 00:21:34.993 --> 00:21:37.517 And hence, voids the contract to repay. 00:21:37.547 --> 00:21:41.212 For the bank never had the money as property to begin with. 00:21:41.967 --> 00:21:45.827 Unfortunately, such legal realizations are suppressed and ignored. 00:21:45.971 --> 00:21:48.247 And the game of perpetual wealth transfer 00:21:48.298 --> 00:21:50.689 and perpetual debt continues. 00:21:50.976 --> 00:21:53.979 And this brings us to the ultimate question: 00:21:53.979 --> 00:21:54.813 Why? 00:21:56.148 --> 00:21:58.168 During the American Civil War, 00:21:58.198 --> 00:22:01.555 President Lincoln bypassed the high interest loans 00:22:01.590 --> 00:22:03.531 offered by the European banks 00:22:03.572 --> 00:22:07.096 and decided to do what the Founding Fathers advocated. 00:22:07.131 --> 00:22:11.637 Which was to create an independent and inherently debt-Free currency. 00:22:11.997 --> 00:22:13.690 It was called The Greenback. 00:22:15.967 --> 00:22:19.265 Shortly after this measure was taken, an internal document 00:22:19.300 --> 00:22:23.989 circulated between private British and American banking interests, stated: 00:22:24.024 --> 00:22:26.397 Slavery is but the owning of labor 00:22:26.438 --> 00:22:29.139 and carries with it the care of the laborers, 00:22:29.348 --> 00:22:31.159 while the European plan... 00:22:31.210 --> 00:22:34.893 is that capital shall control labor by controlling wages. 00:22:34.986 --> 00:22:37.804 This can be done by controlling the money. 00:22:37.989 --> 00:22:42.505 It will not do to allow the Greenback, as we cannot control that. 00:22:43.662 --> 00:22:45.615 The fractional reserve policy, 00:22:45.650 --> 00:22:47.697 perpetrated by the Federal Reserve 00:22:47.732 --> 00:22:49.470 which has spread, in practice, 00:22:49.501 --> 00:22:51.766 to the great majority of banks in the world, 00:22:51.970 --> 00:22:55.815 is, in fact, a system of modern slavery. 00:22:59.511 --> 00:23:02.970 Think about it, money is created out of debt. 00:23:03.415 --> 00:23:05.645 And what do people do when they are in debt? 00:23:05.984 --> 00:23:08.865 They submit to employment to pay it off. 00:23:08.987 --> 00:23:12.347 But if money only can only be created out of loans, 00:23:12.524 --> 00:23:14.945 how can society ever be debt free? 00:23:15.994 --> 00:23:18.359 It can't and that's the point. 00:23:18.997 --> 00:23:22.968 And it is the fear of loosing assets, coupled with the struggle to keep up 00:23:22.968 --> 00:23:26.981 with the perpetual debt and inflation inherent in the system, 00:23:27.016 --> 00:23:31.977 compounded by the inescapable scarcity within in the money supply itself, 00:23:31.977 --> 00:23:35.981 created by the interest that can never be re-payed, 00:23:35.981 --> 00:23:39.014 that keeps the wage-slave in line, 00:23:39.985 --> 00:23:42.907 running on a hamster wheel, with millions of others, 00:23:42.988 --> 00:23:45.545 in effect, powering an empire 00:23:45.991 --> 00:23:49.784 that truly benefits only the elite at the top of the pyramid. 00:23:50.996 --> 00:23:52.998 For, at the end of the day, 00:23:52.998 --> 00:23:55.051 who are you really working for? 00:23:55.967 --> 00:23:56.789 The banks. 00:23:57.669 --> 00:24:01.191 Money is created in the bank and invariably ends up in a bank. 00:24:01.426 --> 00:24:03.099 They are the true masters, 00:24:03.148 --> 00:24:06.926 along with the corporations and governments they support. 00:24:08.179 --> 00:24:12.030 Physical slavery requires people to be housed and fed. 00:24:12.065 --> 00:24:16.929 Economic slavery requires people to feed and house themselves. 00:24:18.256 --> 00:24:22.994 It is one of the most ingenious scams for social manipulation ever created. 00:24:22.994 --> 00:24:24.288 And at its core, 00:24:24.396 --> 00:24:27.766 it is an invisible war against the population. 00:24:27.766 --> 00:24:32.052 Debt is the weapon used to conquer and enslave societies, 00:24:32.087 --> 00:24:35.162 and interest is its prime ammunition. 00:24:36.975 --> 00:24:40.867 And, as the majority walks around, oblivious to this reality, 00:24:40.979 --> 00:24:44.716 the banks, in collusion with governments and corporations 00:24:44.716 --> 00:24:49.074 continue to perfect and expand their tactics of economic warfare, 00:24:49.454 --> 00:24:52.524 spawning new bases, such as the World Bank 00:24:52.524 --> 00:24:54.993 and International Monetary Fund, 00:24:54.993 --> 00:24:57.742 while also inventing a new type of soldier. 00:24:58.396 --> 00:25:01.609 The birth of the economic hitman. 00:25:14.079 --> 00:25:17.087 We, economic hitmen, really have been the ones responsible 00:25:17.116 --> 00:25:19.985 for creating this first truly global empire 00:25:19.985 --> 00:25:21.842 And we work many different ways. 00:25:26.992 --> 00:25:29.071 But perhaps the most common is that we will 00:25:29.122 --> 00:25:33.999 identify a country that has resources our corporations covet, like oil, 00:25:33.999 --> 00:25:37.024 And then, arrange a huge loan to that country 00:25:37.059 --> 00:25:40.204 from the World Bank or one of it's sister organizations. 00:25:40.239 --> 00:25:42.207 But the money never actually goes to the country. 00:25:42.242 --> 00:25:44.084 Instead it goes to our big corporations, 00:25:44.115 --> 00:25:46.190 to build infrastructure projects in that country. 00:25:46.225 --> 00:25:48.346 Power plants, industrial parks, ports... 00:25:48.346 --> 00:25:51.529 Things that benefit a few rich people in that country. 00:25:51.564 --> 00:25:53.390 In addition to our corporations. 00:25:53.785 --> 00:25:56.055 But really don't help a majority of the people at all. 00:25:56.084 --> 00:25:57.431 However, those people, 00:25:57.471 --> 00:26:00.484 the whole country is left holding the huge debt. 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... 00:26:03.695 --> 00:26:04.829 They can't repay it. 00:26:04.829 --> 00:26:06.709 And so, in some point, we economic hitmen, 00:26:06.740 --> 00:26:07.999 go back to them and say: Listen. 00:26:08.099 --> 00:26:09.425 You owe us a lot of money. 00:26:09.464 --> 00:26:11.970 You can't pay your debts. So, sell your oil, 00:26:12.170 --> 00:26:14.117 real cheap to our oil companies, 00:26:14.152 --> 00:26:16.662 allow us to build a military base in your country, or... 00:26:16.975 --> 00:26:20.761 send troops in support of ours to someplace in the world like Iraq, 00:26:20.796 --> 00:26:23.523 or vote with us on the next UN vote, 00:26:23.682 --> 00:26:27.488 to have their electric utility company privatized 00:26:27.523 --> 00:26:29.611 and their water and sewage system privatized 00:26:29.641 --> 00:26:31.586 and sold to US corporations or other 00:26:31.616 --> 00:26:33.644 multi-national corporations. 00:26:33.792 --> 00:26:35.518 So there is a whole mushrooming thing 00:26:35.518 --> 00:26:38.597 and it's so typical the way the IMF and the World Bank work. 00:26:38.632 --> 00:26:40.800 They put a country in debt, 00:26:40.801 --> 00:26:42.438 and it's such a big debt, they can't pay it, 00:26:42.477 --> 00:26:44.769 and then you offer to refinance that debt 00:26:44.799 --> 00:26:47.027 and pay even more interest. 00:26:47.062 --> 00:26:49.861 And you demand 00:26:49.975 --> 00:26:52.579 this quid pro quo, what you call a conditionality 00:26:52.579 --> 00:26:53.827 or good governance 00:26:53.856 --> 00:26:57.359 which means basically that they got to sell off their resources, 00:26:57.983 --> 00:27:00.587 including many of their social services, 00:27:00.622 --> 00:27:03.210 their utility companies, their school systems sometimes, 00:27:03.240 --> 00:27:05.255 their penal systems, 00:27:05.791 --> 00:27:09.098 their insurance systems, to foreign corporations. 00:27:09.133 --> 00:27:12.461 So it's a double-triple-quadruple whammy! 00:27:15.767 --> 00:27:19.971 The precedent for economic hitmen really began back in the early 50's 00:27:20.006 --> 00:27:22.374 when the democratically-elected Mossadegh 00:27:22.374 --> 00:27:23.854 who was elected in Iran... 00:27:23.894 --> 00:27:26.611 He was considered to be the hope for democracy 00:27:26.611 --> 00:27:27.734 in the Middle East and around the world. 00:27:27.775 --> 00:27:29.347 He was in Time Magazine's Man of the Year. 00:27:29.347 --> 00:27:31.862 But, one of the things that he brought on 00:27:31.892 --> 00:27:34.303 and began to implement was the idea that 00:27:34.334 --> 00:27:37.351 foreign oil companies needed to pay the Iranian people 00:27:37.351 --> 00:27:39.577 a lot more for the oil that they were taking out of Iran 00:27:39.627 --> 00:27:41.976 and the Iranian people should benefit from their own oil. 00:27:42.016 --> 00:27:43.509 Strange policy. 00:27:44.295 --> 00:27:45.684 We didn't like that, of course. 00:27:46.015 --> 00:27:48.945 But we were afraid to do what we normally were doing, 00:27:48.965 --> 00:27:50.341 which was to send in the military. 00:27:50.969 --> 00:27:53.152 Instead we sent in one CIA agent, 00:27:53.183 --> 00:27:56.172 Kermit Roosevelt, Teddy Roosevelt's relative. 00:27:57.976 --> 00:27:59.992 And Kermit went in with a few million dollars 00:28:00.031 --> 00:28:02.175 and was very, very effective and efficient 00:28:02.215 --> 00:28:03.980 and in a short amount of time, 00:28:03.982 --> 00:28:07.361 he managed to get Mossadeg overthrown 00:28:07.719 --> 00:28:10.156 and brought in the Shah of Iran to replace him, 00:28:10.176 --> 00:28:12.100 who always was favorable to oil. 00:28:12.248 --> 00:28:14.059 And it was extremely effective. 00:28:17.896 --> 00:28:19.998 Mobs over through Tehran. 00:28:19.998 --> 00:28:22.364 Army officers shout that Mossadeg has surrendered 00:28:22.415 --> 00:28:25.394 and his regime as virtual dictator of Iran is ended. 00:28:25.570 --> 00:28:29.179 Pictures of the Shah are paraded through the streets as sentiment reverses. 00:28:31.976 --> 00:28:33.729 The Shah is welcomed home. 00:28:33.978 --> 00:28:36.821 So back here in the United States, in Washington, 00:28:36.861 --> 00:28:40.471 people looked around and said: Wow, that was easy and cheap. 00:28:40.618 --> 00:28:45.757 So this established a whole new way of manipulating countries, 00:28:45.792 --> 00:28:47.080 of creating empire. 00:28:47.115 --> 00:28:51.596 The only problem with Roosevelt was that he was a card-carrying CIA agent 00:28:51.596 --> 00:28:52.899 and if he'd been caught, 00:28:52.939 --> 00:28:55.778 the ramifications could have been pretty serious. 00:28:55.967 --> 00:28:57.604 So very quickly, at that point, 00:28:57.644 --> 00:29:00.246 the decision was made to use private consultants 00:29:00.286 --> 00:29:02.876 to channel the money through the World Bank 00:29:02.876 --> 00:29:05.282 or the IMF or one of the other such agencies, 00:29:05.317 --> 00:29:08.467 to bring in people like me, who work for private companies. 00:29:08.880 --> 00:29:10.937 So that if we got caught, 00:29:10.972 --> 00:29:13.743 there would be no governmental ramifications. 00:29:21.993 --> 00:29:24.220 When Ărbenz became President of Guatemala, 00:29:24.289 --> 00:29:28.082 the country was very much under the thumbs of United Fruit company, 00:29:28.124 --> 00:29:29.746 the big international corporation. 00:29:29.776 --> 00:29:32.228 And Ărbenz ran on this ticket that said: 00:29:32.278 --> 00:29:34.705 You know, we want to give the land back to the people. 00:29:34.973 --> 00:29:36.083 And once he took power, 00:29:36.144 --> 00:29:40.145 he was implementing policies that would do exactly that, 00:29:40.145 --> 00:29:42.263 give the land rights back to the people. 00:29:42.264 --> 00:29:44.331 United Fruit didn't like that very much. 00:29:44.382 --> 00:29:46.925 And so, they hired a public relations firm, 00:29:46.960 --> 00:29:49.172 launched a huge campaign in the United States, 00:29:49.207 --> 00:29:52.446 to convince the United States people, the citizens of the United States, 00:29:52.498 --> 00:29:54.993 the press of the United States and the congress of the United States, 00:29:54.993 --> 00:29:57.328 that Ărbenz was a Soviet puppet 00:29:57.368 --> 00:29:59.534 And that if we allowed him to stay in power, 00:29:59.564 --> 00:30:02.968 the Soviets would have a foothold in this hemisphere. 00:30:03.003 --> 00:30:04.474 And at that point in time, 00:30:04.503 --> 00:30:06.461 there was a huge fear on everybody's mind, 00:30:06.496 --> 00:30:08.406 of the Red terror, the Communist terror. 00:30:08.973 --> 00:30:13.378 And so, to make a long story short, out of this public relations campaign 00:30:13.378 --> 00:30:15.543 came a commitment on the part of the CIA 00:30:15.584 --> 00:30:17.610 and the military to take this man out. 00:30:17.682 --> 00:30:18.694 And in fact, we did. 00:30:18.723 --> 00:30:22.464 We sent in planes, we sent in soldiers, we sent in jackals, 00:30:22.499 --> 00:30:25.652 we sent everything in to take him out. And did take him out. 00:30:25.990 --> 00:30:28.356 And as soon as he was removed from office, 00:30:28.793 --> 00:30:32.367 the new guy that took over after him basically reinstated everything 00:30:32.402 --> 00:30:33.998 to the big international corporations, 00:30:34.033 --> 00:30:35.613 including United Fruit. 00:30:40.322 --> 00:30:42.554 Ecuador, for many many years had been ruled 00:30:42.594 --> 00:30:46.999 by pro-US dictators, often relatively brutal. 00:30:47.034 --> 00:30:49.981 Then it was decided they will have a truely democratic election. 00:30:49.981 --> 00:30:53.674 Jaime Roldos ran for office and his main goal, 00:30:53.709 --> 00:30:55.987 he said, as president would be 00:30:55.987 --> 00:31:00.195 to make sure that Ecuador's resources were used to help the people. 00:31:00.391 --> 00:31:02.660 And he won. Overwhelming. 00:31:02.760 --> 00:31:05.478 By more votes than anybody had ever won anything in Ecuador. 00:31:05.997 --> 00:31:08.326 And he began to implement these policies. 00:31:08.600 --> 00:31:12.050 To make sure that the profits from oil went to help the people. 00:31:12.285 --> 00:31:14.814 Well, we didn't like that in the United States. 00:31:14.973 --> 00:31:19.477 I was send down as one of several economic hitmen to change Roldos. 00:31:19.477 --> 00:31:21.254 To corrupt him. To bring 'em around... 00:31:21.289 --> 00:31:22.981 To let him know... You know. 00:31:22.981 --> 00:31:25.133 Okay, you know, you can get very rich, 00:31:25.134 --> 00:31:27.285 you and your family, if you play our game. 00:31:27.285 --> 00:31:31.091 But if you continue to try to keep this policy you've promised, 00:31:31.826 --> 00:31:33.289 you're gonna go. 00:31:33.416 --> 00:31:34.666 He woudn't listen... 00:31:35.994 --> 00:31:37.549 He was assassinated... 00:31:39.664 --> 00:31:43.381 As soon as the plane crashed, the whole area was cordoned off. 00:31:43.416 --> 00:31:47.145 The only people allowed there were US military from a nearby base 00:31:47.180 --> 00:31:49.050 and some of the Ecuadorian military. 00:31:49.085 --> 00:31:51.430 When an investigation was launched, 00:31:51.465 --> 00:31:54.279 two of the key witnesses died in a car accidents 00:31:54.279 --> 00:31:56.670 before they have a chance to testify. 00:31:56.781 --> 00:31:59.779 A lot of very, very strange things that went on around 00:31:59.984 --> 00:32:02.115 the assassination of Jaime Roldos. 00:32:02.150 --> 00:32:05.790 I, like most of people who've really looked at this case, 00:32:05.825 --> 00:32:08.564 have absolutely no doubt that it was an assassination. 00:32:08.604 --> 00:32:11.566 And, of course, in my position as an economic hitman, 00:32:11.601 --> 00:32:13.731 I was always expecting something to happen to Jaime, 00:32:13.731 --> 00:32:15.180 whether it'd be a coup or assassination, 00:32:15.231 --> 00:32:17.882 I wasn't sure, but that he would be taken down because 00:32:17.969 --> 00:32:19.462 he was not being corrupted, 00:32:19.502 --> 00:32:21.221 he would not allow himself to be corrupted 00:32:21.261 --> 00:32:22.695 the way we wanted to corrupt him. 00:32:27.478 --> 00:32:29.681 Omar Torrijos, the president of Panama, 00:32:29.681 --> 00:32:31.863 was, you know, one of my favorite people. 00:32:31.898 --> 00:32:32.784 I really really liked him. 00:32:32.784 --> 00:32:34.121 He was very charasmatic. 00:32:34.151 --> 00:32:36.837 He was a guy who really wanted to help his country. 00:32:36.988 --> 00:32:39.740 And when I tried to bribe him or corrupt him, he said: 00:32:39.775 --> 00:32:40.710 Look, John... 00:32:40.992 --> 00:32:42.151 He called me Juanito... 00:32:42.186 --> 00:32:43.371 He said: Look Juanito, 00:32:44.025 --> 00:32:47.554 I don't need the money. What I really need is for my country 00:32:48.767 --> 00:32:50.130 to be treated fairly. 00:32:50.969 --> 00:32:53.078 I need for the United States to repay the debts 00:32:53.113 --> 00:32:54.015 that you owe my people 00:32:54.050 --> 00:32:55.855 for all the destruction you've done here. 00:32:55.974 --> 00:32:57.945 I need to be in a position where 00:32:57.980 --> 00:32:59.890 I can help other Latin American countries 00:32:59.978 --> 00:33:02.848 win their independence and be free of this, 00:33:02.981 --> 00:33:05.784 of this terrible presence from the north. 00:33:05.784 --> 00:33:07.796 You people are exploiting us so badly. 00:33:07.986 --> 00:33:12.691 I need to have the Panama Canal back in the hands of the Panamian people. 00:33:12.691 --> 00:33:13.889 That's what I want. 00:33:13.992 --> 00:33:17.996 And so, leave me alone, you known, don't try to bribe me. 00:33:18.160 --> 00:33:24.289 It was 1981 and in May, Jaime Roldos was assassinated. 00:33:24.635 --> 00:33:26.907 And Omar was very aware of this. 00:33:26.971 --> 00:33:28.973 Torrijos got his family together and he said: 00:33:29.407 --> 00:33:32.677 I'm probably next, but that's okay, 00:33:32.977 --> 00:33:35.980 because I've done what I came here to do... 00:33:35.980 --> 00:33:37.982 I renegotiated the Canal. 00:33:38.082 --> 00:33:39.706 The Canal will now be in our hands, 00:33:39.736 --> 00:33:42.383 we just finished negotiating the treaty with Jimmy Carter. 00:33:45.790 --> 00:33:48.993 In June of that same year, just a couple of month later, 00:33:48.993 --> 00:33:52.026 he also went down in an airplane crash, 00:33:52.061 --> 00:33:56.545 which, there's no question, was executed by CIA sponsored jackals. 00:33:56.968 --> 00:33:58.323 A tremendous amount of evidence that 00:33:58.342 --> 00:34:02.874 one of Torijjos' security guards handed him, at the last moment, 00:34:02.909 --> 00:34:04.976 as he was getting on the plane, a tape recorder. 00:34:04.976 --> 00:34:07.611 A small tape recorder that contained a bomb. 00:34:14.986 --> 00:34:16.960 It is intersting to me how this 00:34:16.995 --> 00:34:19.991 system has continued pretty much the same way 00:34:19.991 --> 00:34:21.156 for years, and years, and years, 00:34:21.185 --> 00:34:23.872 except the economic hitmen have gotten better and better and better. 00:34:23.995 --> 00:34:28.553 Then we coped with, very recently, what happened in Venezuela. 00:34:28.966 --> 00:34:31.969 In 1998, Hugo Chavez gets elected president, 00:34:31.969 --> 00:34:34.772 following a long line of presidents 00:34:34.807 --> 00:34:36.032 who'd been very corrupt 00:34:36.082 --> 00:34:38.725 and basically destroyed the economy of the country. 00:34:38.976 --> 00:34:40.978 And Chavez was elected amidst all that. 00:34:41.546 --> 00:34:43.884 Chavez stood up to the United States 00:34:44.048 --> 00:34:48.619 and he's done it primarily demanding that Venezuelian oil 00:34:48.619 --> 00:34:51.467 be used to help the Venezuelian people. 00:34:51.989 --> 00:34:54.915 Well... we didn't like that in United States. 00:34:54.992 --> 00:34:57.483 So, in 2002, 00:34:57.895 --> 00:35:00.698 a coup was staged, which was no question in my mind, in most 00:35:00.698 --> 00:35:03.498 other peoples' minds, that the CIA was behind that coup. 00:35:08.973 --> 00:35:10.975 The way, that that coup was fomented 00:35:10.975 --> 00:35:13.978 was very reflective of what Kermit Roosevelt had done in Iran. 00:35:14.178 --> 00:35:16.981 Of paying people to go out onto the streets, 00:35:16.981 --> 00:35:20.938 To riot, to protest, to say that Chavez was very unpopular. 00:35:21.351 --> 00:35:23.521 You know, if you can get a few thousand people 00:35:23.521 --> 00:35:27.612 to do that, television can make it look like... 00:35:27.992 --> 00:35:31.021 It's the whole country and things start to mushroom. 00:35:31.662 --> 00:35:34.678 Except in the case of Chavez, he was 00:35:34.713 --> 00:35:37.682 smart enough and the people were so strongly behind him, 00:35:37.717 --> 00:35:39.774 that they overcame it. 00:35:40.972 --> 00:35:44.976 Which was a phenomenal moment in the history of Latin America. 00:35:49.413 --> 00:35:52.450 Iraq, actually, is a perfect example of the way 00:35:52.450 --> 00:35:53.721 the whole system works. 00:35:53.771 --> 00:35:56.721 So, we, economic hitmen, are the first line defense. 00:35:56.721 --> 00:35:59.690 We go in, we try to corrupt the governments 00:35:59.690 --> 00:36:01.869 and get them to accept these huge loans, 00:36:01.804 --> 00:36:04.563 which we then use as leverage to basically own them. 00:36:04.896 --> 00:36:09.547 If we fail, as I failed in Panama with Omar Torrijos, 00:36:09.582 --> 00:36:11.476 and Ecuador with Jaime Roldos, 00:36:11.669 --> 00:36:13.635 men who refuse to be corrupted, 00:36:13.771 --> 00:36:16.462 then the second line of defense is we send in the Jackals. 00:36:16.497 --> 00:36:18.366 And the Jackals either overthrow governments 00:36:18.401 --> 00:36:19.518 or they assassinate. 00:36:19.744 --> 00:36:22.502 And, once that happens and a new goverment comes in it... 00:36:22.613 --> 00:36:23.981 Boy, it's gonna toe the line 00:36:24.016 --> 00:36:26.858 because that new president knows what will happen if he doesn't. 00:36:27.344 --> 00:36:30.988 In the case of Iraq, both of those things failed. 00:36:30.988 --> 00:36:33.991 The economic hitmen were not able to get through to Saddam Hussein. 00:36:33.991 --> 00:36:36.717 We tried very hard, we tried to get him to accept a deal 00:36:36.749 --> 00:36:39.516 very similar to what the House of Saud had accepted in 00:36:39.551 --> 00:36:41.649 Saudi Arabia, but he wouldn't accept it. 00:36:41.999 --> 00:36:44.270 And so the Jackals went in to take him out. 00:36:44.305 --> 00:36:46.764 They couldn't do it. His security was very good. 00:36:46.971 --> 00:36:49.974 After all, he, at one time, had worked for CIA. 00:36:49.974 --> 00:36:54.345 He'd been hired to assassinate a former president of Iraq and failed, 00:36:54.345 --> 00:36:55.756 but he knew the system. 00:36:55.980 --> 00:36:58.996 So, in '91, we send in the troops 00:36:59.031 --> 00:37:01.737 and we take out the Iraqi military. 00:37:01.986 --> 00:37:03.988 So, we assumed at that point that 00:37:03.988 --> 00:37:05.903 Saddam Hussein is gonna come around. 00:37:05.990 --> 00:37:08.993 We could have take him out, of course at that time, 00:37:09.427 --> 00:37:12.373 but we didn't want it. He's the kind of strong man we like. 00:37:12.408 --> 00:37:15.564 He controls his people. We thought he could control Kurds, 00:37:15.599 --> 00:37:18.461 and keep the Iranians in their border and keep pumping oil for us. 00:37:18.496 --> 00:37:20.146 And that once we took out his military, 00:37:20.181 --> 00:37:21.434 now he's gonna come around. 00:37:21.973 --> 00:37:24.609 So, the economic hitmen go back in in the 90's 00:37:24.609 --> 00:37:26.069 without success. 00:37:26.110 --> 00:37:27.572 If they'd had success... 00:37:27.607 --> 00:37:28.953 he'd still be running the country. 00:37:29.003 --> 00:37:31.549 We'd be selling him all the fighter jets he wants, 00:37:31.549 --> 00:37:32.961 and everything else he wants, 00:37:33.041 --> 00:37:35.441 but they couldn't, they didn't have success. 00:37:35.476 --> 00:37:38.744 The jackals couldn't take him out again, so we sent the military 00:37:38.775 --> 00:37:40.992 in once again, and this time, we did the complete job 00:37:40.992 --> 00:37:41.785 and took him out. 00:37:41.825 --> 00:37:44.020 And in the process, created for ourselves some 00:37:44.150 --> 00:37:45.946 very, very lucrative construction 00:37:46.548 --> 00:37:48.727 deals to reconstruct the country 00:37:48.788 --> 00:37:50.467 that we'd essentially destroyed. 00:37:50.468 --> 00:37:51.536 Which is a pretty good deal 00:37:51.566 --> 00:37:53.736 if you own construction companies, big ones. 00:37:54.972 --> 00:37:58.259 So, Iraq shows the three stages. 00:37:58.976 --> 00:38:00.700 The economic hitmen failed there. 00:38:00.778 --> 00:38:01.891 The Jackals failed there. 00:38:01.921 --> 00:38:05.550 And as a final measure, the military goes in. 00:38:08.653 --> 00:38:10.988 And in that way, we've really created an empire, 00:38:10.988 --> 00:38:14.225 but we've done it very, very subtly. It's clandestine. 00:38:14.492 --> 00:38:16.994 All the empires of the past were built on the military, 00:38:17.281 --> 00:38:18.974 and everybody knew they were building them. 00:38:18.996 --> 00:38:20.430 The British knew they were building them, 00:38:20.465 --> 00:38:23.509 the French, the Germans, the Romans, the Greeks, 00:38:23.968 --> 00:38:26.671 and they were proud of it. They always had some excuse like 00:38:26.671 --> 00:38:29.804 spreading civilization, spreading some religion, 00:38:29.834 --> 00:38:32.708 something like that, but they knew they were doing it. 00:38:32.977 --> 00:38:33.875 We don't. 00:38:33.978 --> 00:38:36.781 The majority of the people, in the United States, 00:38:36.816 --> 00:38:41.510 have no idea that we're living off the benefits of the clandestine empire. 00:38:41.686 --> 00:38:45.538 That today there is more slavery in the world than ever before. 00:38:47.992 --> 00:38:49.285 Then you have to ask yourself, well, 00:38:49.364 --> 00:38:51.334 if it's an empire, then who is the emperor? 00:38:51.996 --> 00:38:55.966 Obviously our presidents of the United States are not emperors. 00:38:55.966 --> 00:38:57.710 An emperor is someone who is not elected, 00:38:57.710 --> 00:38:59.247 doesn't serve a limited term, 00:38:59.641 --> 00:39:01.972 and doesn't report to anyone, essentially. 00:39:02.004 --> 00:39:05.485 So you can't classify our presidents that way. 00:39:05.976 --> 00:39:07.734 But we do have what I consider to be 00:39:07.774 --> 00:39:10.981 the equivalent of the emperor and it's what I call the corporatocracy. 00:39:12.316 --> 00:39:15.534 The corporatocracy is this group of individuals 00:39:15.704 --> 00:39:17.321 who run our biggest corporations. 00:39:17.321 --> 00:39:20.415 And they really act as the emperor of this empire. 00:39:20.991 --> 00:39:23.854 They control our media, 00:39:23.994 --> 00:39:26.332 either through direct ownership or advertising. 00:39:26.497 --> 00:39:29.549 They control most of our politicians 00:39:29.667 --> 00:39:31.354 because they finance their campaigns, 00:39:31.525 --> 00:39:32.801 either through the corporations 00:39:32.842 --> 00:39:34.279 or through personal contributions 00:39:34.314 --> 00:39:35.755 that come out of the corporations. 00:39:35.973 --> 00:39:36.974 They're not elected, 00:39:36.974 --> 00:39:38.776 then they don't serve a limited term, 00:39:38.876 --> 00:39:40.260 they don't report to anybody, 00:39:40.578 --> 00:39:43.100 and at the very top of the corporatocracy, 00:39:43.135 --> 00:39:44.447 you really can't tell 00:39:44.482 --> 00:39:46.584 whether the person is working for a private corporation 00:39:46.584 --> 00:39:49.177 or the government because they're always moving back and forth. 00:39:49.212 --> 00:39:53.391 So you know, you've got a guy who, one moment is the president of 00:39:53.591 --> 00:39:55.555 a big construction company like Haliburton, 00:39:55.827 --> 00:39:58.235 and the next moment, he's Vice President of the United States. 00:39:58.329 --> 00:40:00.368 Or the President, who was in the oil business. 00:40:00.398 --> 00:40:03.455 And this is true whether you get Democrats or Republicans in the office. 00:40:03.490 --> 00:40:07.118 You have this moving back and forth through a revolving door. 00:40:07.471 --> 00:40:12.543 And in a way, our government is invisible a lot of the time, 00:40:12.578 --> 00:40:15.326 and his policies are carried out by our corporations 00:40:15.377 --> 00:40:18.033 on one level or another. And then again, 00:40:18.482 --> 00:40:21.252 the policies of the government are basically 00:40:21.352 --> 00:40:23.885 forged by the corporatocracy, 00:40:24.021 --> 00:40:25.100 and then presented to the government 00:40:25.119 --> 00:40:26.439 and they become government policy. 00:40:26.469 --> 00:40:29.629 So, there's an incredibly cozy relationship. 00:40:30.094 --> 00:40:31.996 This isn't a conspiracy theory type of thing. 00:40:31.996 --> 00:40:33.715 These people don't have to get together 00:40:33.864 --> 00:40:35.621 and plot to do things. 00:40:35.671 --> 00:40:39.570 They all basically work under one primary assumption, 00:40:39.570 --> 00:40:42.490 and that is that they must maximize profits, 00:40:42.706 --> 00:40:45.549 regardless of the social and environmental costs. 00:40:50.981 --> 00:40:54.552 This process of manipulation by the corporatocracy 00:40:54.552 --> 00:40:58.889 through the use of debt, bribery and political overthrow is called: 00:40:58.989 --> 00:41:00.319 Globalization. 00:41:00.791 --> 00:41:04.695 Just as the Federal Reserve keeps the American public in a postion 00:41:04.695 --> 00:41:07.528 of indentured servitude, though perpetual debt, 00:41:07.563 --> 00:41:09.349 inflation and interest, 00:41:09.366 --> 00:41:13.287 the World Bank and IMF serve this role on a global scale. 00:41:13.838 --> 00:41:15.592 The basic scam is simple. 00:41:15.973 --> 00:41:18.711 Put a country in debt, either by it's own indisgression, 00:41:18.746 --> 00:41:20.918 or through corrupting the leader of that country, 00:41:21.570 --> 00:41:25.883 then impose conditionalities or structual adjustment policies 00:41:25.918 --> 00:41:27.985 often consisting of the following. 00:41:29.620 --> 00:41:30.925 Currency devaluation. 00:41:31.455 --> 00:41:35.173 When the value of a currency drops, so does everything valued in it. 00:41:35.426 --> 00:41:38.996 This makes indigenous resources available to predator countries 00:41:39.096 --> 00:41:40.873 at a fraction of their worth. 00:41:42.399 --> 00:41:44.971 Large funding cuts for social programs. 00:41:45.006 --> 00:41:47.839 These usually include education and health care. 00:41:47.972 --> 00:41:51.044 Compromising the well-being and integrity of the society, 00:41:51.079 --> 00:41:52.645 leaving the public vulnerable 00:41:52.680 --> 00:41:53.978 to exploitation. 00:41:54.578 --> 00:41:57.075 Privatization of state-owned enterprises. 00:41:57.381 --> 00:41:59.831 This means that socially important systems 00:41:59.881 --> 00:42:01.619 can be purchased and regulated 00:42:01.619 --> 00:42:03.988 by foreign corporations for profit. 00:42:04.488 --> 00:42:08.187 For example, in 1999, the World Bank insisted 00:42:08.222 --> 00:42:11.429 that the Bolivian government sell the public water system 00:42:11.464 --> 00:42:16.352 of it's third-largest city to a subsidy of the US-corporation Bechtel. 00:42:16.500 --> 00:42:17.807 As soon as this occured, 00:42:17.847 --> 00:42:20.971 waterbills for the already impoverished local residents 00:42:20.971 --> 00:42:22.120 skyrocketed. 00:42:22.973 --> 00:42:25.976 It wasn't until after full-blown revolt by the people 00:42:25.977 --> 00:42:28.593 that the Bechtel contract was nullified. 00:42:32.082 --> 00:42:34.652 Then there is trade liberalization, 00:42:34.652 --> 00:42:36.559 or the opening up of the economy, 00:42:36.659 --> 00:42:39.329 through removing any restrictions on foreign trade. 00:42:39.456 --> 00:42:43.233 This allows for a number of abusive economic manifestations, 00:42:43.268 --> 00:42:45.566 such as transnational corporations 00:42:45.567 --> 00:42:48.465 bringing in their own mass-produced products, 00:42:48.465 --> 00:42:52.449 undercutting the indigineous production and ruining local economies. 00:42:52.770 --> 00:42:54.609 An example is Jamaica, 00:42:55.072 --> 00:42:58.976 which after accepting loans and conditionalities from the World Bank 00:42:58.976 --> 00:43:01.448 lost it's largest cash crop markets 00:43:01.508 --> 00:43:04.149 due to competition with Western imports. 00:43:04.982 --> 00:43:08.961 Today countless farmers are out of work, for they're unable to compete 00:43:08.986 --> 00:43:10.887 with the large corporations. 00:43:11.989 --> 00:43:14.901 Another variation is the creation of numerous, 00:43:14.936 --> 00:43:17.995 seemingly unnoticed, unregulated, inhumane 00:43:17.995 --> 00:43:19.497 sweatshop factories, 00:43:19.972 --> 00:43:23.649 which take advantage of the imposed economic hardship. 00:43:23.968 --> 00:43:26.697 Additionally, due to production de-regulation, 00:43:26.732 --> 00:43:28.973 environmental destruction is perpetual 00:43:29.008 --> 00:43:32.275 as a country's resources are often exploited 00:43:32.310 --> 00:43:33.887 by the indifferent corporations, 00:43:33.978 --> 00:43:37.364 while outputting large amounts of deliberate pollution. 00:43:38.248 --> 00:43:41.646 The largest environmental lawsuit in the history of the world, 00:43:41.681 --> 00:43:43.869 today is being brought on behalf of 00:43:43.889 --> 00:43:48.826 30,000 Ecuadorian and Amazonian people against Texaco, 00:43:48.861 --> 00:43:51.055 which is now owned by Chevron so it's against Chevron, 00:43:51.095 --> 00:43:53.097 but for activities conducted by Texaco. 00:43:54.253 --> 00:43:56.765 They're estimated to be more than 18 times 00:43:56.800 --> 00:44:00.673 what the Exxon Valdez dumped into the Coast of Alaska. 00:44:00.971 --> 00:44:03.258 In the case of Ecuador, it wasn't an accident. 00:44:03.374 --> 00:44:05.185 The oil companies did it intentionally; 00:44:05.247 --> 00:44:07.713 they knew they were doing it to save money 00:44:07.714 --> 00:44:10.510 rather than arranging for proper disposal. 00:44:11.682 --> 00:44:15.841 Furthermore, a cursory glance at the performance record of the World Bank 00:44:15.876 --> 00:44:18.878 reveals that the institution, which publicly claims to 00:44:18.889 --> 00:44:21.979 help poor countries develop and alleviate poverty, 00:44:21.993 --> 00:44:24.995 has done nothing but increase poverty and the wealth-gap, 00:44:24.995 --> 00:44:27.437 while corporate profits soar. 00:44:27.631 --> 00:44:30.332 In 1960, the income-gap between 00:44:30.367 --> 00:44:33.240 the fifth of the world's people and the richest countries, 00:44:33.275 --> 00:44:35.657 versus the fifth in the poorest countries 00:44:35.657 --> 00:44:37.155 was thirty to one. 00:44:37.408 --> 00:44:41.050 By 1998, it was seventy-four to one. 00:44:41.779 --> 00:44:46.800 While global GNP rose 40% between 1970 and 1985, 00:44:46.835 --> 00:44:50.805 those in poverty, actually increased, by 17%. 00:44:50.988 --> 00:44:53.608 While from 1985 to 2000, 00:44:53.669 --> 00:44:58.723 those living on less than one dollar a day increased by 18%. 00:45:00.416 --> 00:45:04.589 Even the Joint Economic Committee of the U.S. Congress admitted 00:45:04.649 --> 00:45:09.378 that there is a mere 40% success rate of all World Bank projects. 00:45:09.773 --> 00:45:14.813 In the late 1960's, the World Bank intervened in Ecuador with large loans. 00:45:14.879 --> 00:45:19.983 During the next 30 years, poverty grew from 50% to 70%. 00:45:19.983 --> 00:45:23.755 Under or unemployment grew from 15% to 70%. 00:45:24.314 --> 00:45:28.992 Public debt increased from 240 million to 16 billion, 00:45:28.992 --> 00:45:34.866 while the share of resources allocated to the poor went from 20% to 6%. 00:45:35.999 --> 00:45:40.718 In fact, by the year 2000, 50% of Ecuador's national budget 00:45:40.753 --> 00:45:43.587 had to be allocated for paying its debts. 00:45:46.977 --> 00:45:50.189 It is important to understand: the World Bank is, 00:45:50.229 --> 00:45:53.739 in fact, a U.S. bank, supporting U.S. interests. 00:45:53.984 --> 00:45:57.387 For the United States holds veto-power over decisions, 00:45:57.422 --> 00:45:59.940 as it is the largest provider of capital. 00:46:00.264 --> 00:46:01.801 And where did it get this money? 00:46:02.067 --> 00:46:02.911 You guessed it: 00:46:03.072 --> 00:46:04.555 It made it out of thin air 00:46:04.625 --> 00:46:07.028 through the fractional reserve banking system. 00:46:08.999 --> 00:46:13.789 Of the world's top 100 economies, as based on annual GDP, 00:46:13.824 --> 00:46:15.804 51 are corporations. 00:46:15.904 --> 00:46:19.129 And 47 of that 51, are U.S.-based. 00:46:19.577 --> 00:46:22.248 Walmart, General Motors and Exxon, 00:46:22.318 --> 00:46:25.760 are more economically powerful than Saudi Arabia, 00:46:25.810 --> 00:46:31.968 Poland, Norway, South Africa, Finland, Indonesia and many others. 00:46:32.589 --> 00:46:35.882 And, as protective trade barriers are broken down, 00:46:35.917 --> 00:46:39.574 currencies tossed together and manipulated in floating markets 00:46:39.609 --> 00:46:41.864 and State economies overturned 00:46:41.904 --> 00:46:47.572 in favor of open competition in global capitalism, the empire expands. 00:46:49.506 --> 00:46:53.352 You get up on your little 21 inch screen 00:46:54.788 --> 00:46:59.103 and howl about America and democracy. 00:46:59.983 --> 00:47:03.987 There is no America, there is no democracy. 00:47:04.721 --> 00:47:10.360 There is only IBM, and ITT, and AT&T, 00:47:10.461 --> 00:47:15.489 and DuPont, Dow, Union Carbide, and Exxon. 00:47:15.999 --> 00:47:19.116 Those are the nations of the world today. 00:47:19.970 --> 00:47:22.861 What do you think the Russians talk about in their counsels of state? 00:47:22.896 --> 00:47:24.018 Karl Marx? 00:47:24.274 --> 00:47:26.708 They get out their linear programming charts, 00:47:26.921 --> 00:47:28.398 statistical decision theories, 00:47:28.433 --> 00:47:31.354 min and max solutions and compute the price-cost probabilities 00:47:31.389 --> 00:47:34.334 of their transactions and investments, just like we do. 00:47:34.985 --> 00:47:38.161 We no longer live in a world of nations and ideologies, Mr. Beale. 00:47:39.623 --> 00:47:43.673 The world is a college of corporations, 00:47:44.693 --> 00:47:48.999 inexorably determined by the immutable 00:47:48.999 --> 00:47:51.156 bylaws of business. 00:47:53.670 --> 00:47:57.047 The world is a business, Mr. Beale. 00:48:27.471 --> 00:48:31.918 The World is being taken over by a hand-full of business powers 00:48:31.953 --> 00:48:34.724 who dominate the natural resources we need to live, 00:48:34.759 --> 00:48:38.257 while controlling the money we need to obtain these resources. 00:48:38.292 --> 00:48:41.100 The end result will be world monopoly, 00:48:41.481 --> 00:48:46.044 based not on human life, but financial and corporate power. 00:48:46.990 --> 00:48:49.430 And, as the inequality grows, 00:48:49.480 --> 00:48:52.715 naturally, more and more people are becoming desperate. 00:48:52.996 --> 00:48:56.967 So the establishment was forced to come up with a new way to deal 00:48:57.002 --> 00:48:59.407 with anyone who challenges the system. 00:48:59.971 --> 00:49:02.710 So they gave birth to the 'Terrorist'. 00:49:03.356 --> 00:49:06.096 The term 'terrorist' is an empty distinction 00:49:06.583 --> 00:49:08.762 designed for any person or group, 00:49:08.797 --> 00:49:11.502 who chooses to challenge the establishment. 00:49:11.748 --> 00:49:15.078 This isn't to be confused with the fictional 'Al Qaida', 00:49:15.139 --> 00:49:18.088 which was actually the name of a computer database 00:49:18.088 --> 00:49:21.347 of the U.S.-supported Mujahadeen in the 1980's. 00:49:32.970 --> 00:49:39.418 In 2007, the Department of Defense received 161.8 billion dollars 00:49:39.453 --> 00:49:42.602 for the so-called global war on terrorism. 00:49:42.980 --> 00:49:45.715 According to the National Counter-Terrorism Center, 00:49:45.750 --> 00:49:48.682 in 2004, roughly 2000 people 00:49:48.717 --> 00:49:50.256 were killed internationally 00:49:50.490 --> 00:49:52.599 due to supposed terrorist acts. 00:49:52.990 --> 00:49:55.451 Of that number, 70 were American. 00:49:55.993 --> 00:49:58.487 Using this number as a general average, 00:49:58.487 --> 00:50:00.386 which is extremely generous, 00:50:00.739 --> 00:50:03.473 it is interesting to note that twice as many 00:50:03.508 --> 00:50:07.516 people die from peanut allergies a year, than from terrorist acts. 00:50:09.072 --> 00:50:12.286 Concurrently, the leading cause of death in America 00:50:12.321 --> 00:50:14.137 is coronary heart disease, 00:50:14.583 --> 00:50:17.757 killing roughly 450,000 each year. 00:50:18.419 --> 00:50:22.090 And in 2007, the government's allocation of funds 00:50:22.125 --> 00:50:23.658 for research on this issue 00:50:23.693 --> 00:50:25.462 was about three billion dollars. 00:50:25.989 --> 00:50:29.197 This means, that the US government, in 2007, 00:50:29.400 --> 00:50:33.577 spent 54 times the amount for preventing terrorism, 00:50:33.830 --> 00:50:36.078 than it spent for preventing for the disease, 00:50:36.138 --> 00:50:40.590 which kills 6600 times more people annually, 00:50:40.625 --> 00:50:42.367 than terrorism does. 00:50:45.976 --> 00:50:48.468 Yet, as the name terrorism and Al Qaida 00:50:48.498 --> 00:50:51.528 are arbitrarilly stamped on every news report, 00:50:51.548 --> 00:50:54.799 relating to any action taken against US interests, 00:50:54.851 --> 00:50:56.441 the myth grows wider. 00:50:56.686 --> 00:50:59.523 In mid 2008, the US Attorney General 00:50:59.523 --> 00:51:02.292 actually proposed, that the US congress 00:51:02.292 --> 00:51:05.353 officially declare war against the fantasy. 00:51:06.163 --> 00:51:11.635 Not to mention, as of July 2008, there are now over 1 million people 00:51:11.635 --> 00:51:14.971 currently on the US terrorist watch list. 00:51:16.973 --> 00:51:19.301 These so called Counter-Terrorism Measures, 00:51:19.360 --> 00:51:22.083 of course had nothing to do with social protection 00:51:22.118 --> 00:51:25.882 and everything to do with preserving the establishment 00:51:25.917 --> 00:51:28.659 amongst the growing anti-American sentiment, 00:51:28.701 --> 00:51:31.202 both domestically, and internationally, 00:51:31.815 --> 00:51:33.950 which is legitimately founded on 00:51:33.970 --> 00:51:36.893 the greed-based corporate empire expansion 00:51:36.993 --> 00:51:38.913 that is exploiting the world. 00:51:40.630 --> 00:51:45.068 The true terrorists of our world, do not meet at the darks at midnight 00:51:45.168 --> 00:51:48.679 or scream Allah Akbar before some violent action. 00:51:49.906 --> 00:51:53.908 The true terrorists of our world, wear 5000 dollar suits 00:51:53.969 --> 00:51:58.891 and work in the highest positions of finance, government and business. 00:52:02.586 --> 00:52:04.539 So, what do we do? 00:52:05.155 --> 00:52:07.747 How do we stop a system of greed and corruption, 00:52:07.797 --> 00:52:09.822 that has so much power and momentum? 00:52:09.993 --> 00:52:12.605 How do we stop this aberrant group behavior, 00:52:12.640 --> 00:52:14.156 which feels no compassion, 00:52:14.164 --> 00:52:17.787 for say, the millions slaughtered in Iraq and Afghanistan, 00:52:18.168 --> 00:52:20.451 so the corporatocracy can control 00:52:20.491 --> 00:52:24.775 energy resources and opium production for Wall Street profit. 00:53:16.993 --> 00:53:19.796 How do we stop a system of greed and corruption 00:53:19.796 --> 00:53:21.743 that condemns poor populations 00:53:21.802 --> 00:53:25.104 to sweatshop slavery for the benefit of Madison Avenue? 00:53:25.969 --> 00:53:29.034 Or that engineers false-flag terror attacks 00:53:29.069 --> 00:53:31.136 for the sake of manipulation? 00:53:31.641 --> 00:53:35.008 Or that generates built-in modes of social operation, 00:53:35.043 --> 00:53:37.337 which are inherently exploited? 00:53:37.981 --> 00:53:41.208 Or that systematicly reduces several liberties 00:53:41.238 --> 00:53:43.030 and violates human rights, 00:53:43.065 --> 00:53:46.663 in order to protect itself, from it's own shortcomings? 00:53:47.591 --> 00:53:50.627 How do we deal with the numerous covert institutions, 00:53:50.627 --> 00:53:52.568 such as the Council on Foreign Relations, 00:53:52.603 --> 00:53:53.993 the Trilateral Commission, 00:53:54.033 --> 00:53:55.217 and the Bilderberg Group 00:53:55.237 --> 00:53:57.667 and other undemocratically elected groups 00:53:57.667 --> 00:54:02.021 which behind closed doors collude to control the political, 00:54:02.022 --> 00:54:06.410 financial, social and environmental elements of our lives? 00:54:06.977 --> 00:54:10.629 In order to find the answer, we must first find, 00:54:10.664 --> 00:54:12.903 the true underlying cause. 00:54:12.983 --> 00:54:18.917 For the fact is, the selfish, corrupt, power and profit-based groups 00:54:18.952 --> 00:54:21.671 are not the true source of the problem. 00:54:22.559 --> 00:54:24.280 They are symptoms. 00:54:40.977 --> 00:54:43.206 My name is Jacque Fresco. 00:54:43.980 --> 00:54:48.021 I'm an industrial designer and a social engineer. 00:54:48.652 --> 00:54:51.040 I'm very much interested in society 00:54:51.716 --> 00:54:56.619 and developing a system that might be sustainable, for all people. 00:54:58.561 --> 00:55:02.090 First of all, the word 'corruption' is a monetary invention, 00:55:02.167 --> 00:55:04.205 that aberrant behavior, 00:55:04.370 --> 00:55:08.057 behavior that's disruptive for the well-being of people. 00:55:08.092 --> 00:55:11.496 Well, you're dealing with human behavior. 00:55:11.661 --> 00:55:16.564 And human behavior appears to be environmentally determined. 00:55:16.599 --> 00:55:21.243 Meaning, if you were raised by the Seminole Indians as a baby, 00:55:21.278 --> 00:55:22.958 never saw anything else, 00:55:22.986 --> 00:55:25.076 you'd hold that value system. 00:55:25.111 --> 00:55:28.755 And this goes for nations, it goes for individuals, 00:55:28.790 --> 00:55:32.191 for families, they try to indoctrinate their children 00:55:32.638 --> 00:55:35.770 to their particular faith and their country 00:55:35.771 --> 00:55:38.253 and make them feel like they're part of that. 00:55:38.902 --> 00:55:43.598 And they built a society, which they call established. 00:55:43.973 --> 00:55:46.758 They established a workable point of view 00:55:46.793 --> 00:55:48.770 and tend to perpetuate that. 00:55:48.978 --> 00:55:52.742 Whereas, all societies are really emergent, 00:55:52.777 --> 00:55:54.081 not established. 00:55:54.651 --> 00:55:57.820 And so they fight new ideas 00:55:57.821 --> 00:56:00.693 that would interfere with the establishment. 00:56:01.658 --> 00:56:06.194 Goverments try to perpetuate that which keeps them in power. 00:56:06.630 --> 00:56:11.550 People are not elected to political office to change things. 00:56:11.601 --> 00:56:13.962 They are put there, to keep things the way they are. 00:56:14.971 --> 00:56:19.687 So you see, the bases of corruption is in our society. 00:56:19.843 --> 00:56:20.905 Let me make it clear. 00:56:20.945 --> 00:56:24.556 All nations then, are basically corrupt 00:56:24.556 --> 00:56:28.140 because they tend to uphold existing institutons. 00:56:28.175 --> 00:56:31.685 I don't mean to uphold or downgrade all nations, 00:56:31.823 --> 00:56:36.476 but communism, socialism, fascism, the free enterprise-system 00:56:36.534 --> 00:56:39.889 and all other sub-cultures are the same. 00:56:39.996 --> 00:56:42.990 They are all basically corrupt. 00:56:44.435 --> 00:56:47.971 The most fundamental characteristic of our social institutions 00:56:47.971 --> 00:56:50.933 is the necessity for self-preservation. 00:56:50.974 --> 00:56:54.801 Whether dealing with a corporation, a religion or a government, 00:56:54.978 --> 00:56:58.545 the foremost interest is to preserve the institution itself. 00:56:58.982 --> 00:57:02.276 For instance, the last thing an oil company would ever want 00:57:02.286 --> 00:57:05.915 is the utilization of energy, that was outside of it's control. 00:57:05.989 --> 00:57:09.340 For it makes that company less relevant to society. 00:57:09.993 --> 00:57:14.800 Likewise the Cold War and the collapse of the Soviet Union was, in reality, 00:57:15.072 --> 00:57:16.858 a way to preserve and perpetuate 00:57:16.886 --> 00:57:20.816 the established economic and global hegemony of the United States. 00:57:22.972 --> 00:57:27.799 Similarly, religions condition people to feel guilty for natural inclinations, 00:57:27.977 --> 00:57:31.909 each claiming to offer the only path to forgiveness and salvation. 00:57:32.982 --> 00:57:35.901 At the heart of this institutional self-preservation 00:57:35.951 --> 00:57:37.860 lies the monetary system. 00:57:37.987 --> 00:57:41.991 For it is money that provides the means for power and survival. 00:57:42.992 --> 00:57:44.779 Therefore, just as a poor person 00:57:44.828 --> 00:57:47.187 might be forced to steal, in order to survive, 00:57:47.430 --> 00:57:50.443 it is a natural inclination to do whatever is needed 00:57:50.462 --> 00:57:53.275 to continue an institution's profitability. 00:57:53.570 --> 00:57:57.974 This makes it inherently difficult for profit-based institutions to change, 00:57:58.009 --> 00:57:59.595 For it puts in jeopardy, 00:57:59.635 --> 00:58:02.309 not only the survival of large groups of people, 00:58:02.512 --> 00:58:05.171 but also the coveted, materialistic lifestyles 00:58:05.202 --> 00:58:07.890 associated with affluence and power. 00:58:08.918 --> 00:58:12.263 Therefore, the paralyzing necessity to preserve an institution, 00:58:12.345 --> 00:58:14.524 regardless of its social relevance 00:58:14.574 --> 00:58:18.178 is largely rooted in the need for money or profit. 00:58:23.733 --> 00:58:26.617 What's in it for me?, is why people think. 00:58:27.971 --> 00:58:31.191 And so if a man makes money selling a certain product, 00:58:31.474 --> 00:58:33.077 that's where he's going to fight 00:58:33.229 --> 00:58:37.744 the existence of another product that may threaten his institution. 00:58:39.749 --> 00:58:41.910 Therefore, people cannot be fair. 00:58:42.605 --> 00:58:45.008 And people do not trust each other. 00:58:45.043 --> 00:58:46.822 A guy will come over to you and say, 00:58:47.035 --> 00:58:48.755 I've got just the house you're looking for, 00:58:48.892 --> 00:58:50.149 he's a salesman. 00:58:50.260 --> 00:58:53.138 When a doctor says, I think your kidney has to come out, 00:58:53.429 --> 00:58:56.000 I don't know if he's trying to pay off a yacht 00:58:56.478 --> 00:58:58.335 or that my kidney has to come out. 00:58:58.370 --> 00:59:02.241 It's hard in a monetary system to trust people. 00:59:02.972 --> 00:59:04.741 If you came into my store and I said, 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, 00:59:09.814 --> 00:59:12.797 I wouldn't be in business very long. It wouldn't work. 00:59:12.982 --> 00:59:15.449 If I were ethical, it wouldn't work. 00:59:16.085 --> 00:59:19.381 So when you say industry cares for people, 00:59:19.416 --> 00:59:20.710 that's not true. 00:59:20.823 --> 00:59:23.064 They can't afford to be ethical. 00:59:23.826 --> 00:59:28.164 So your system is not designed to serve the well-being of people. 00:59:28.164 --> 00:59:33.536 If you still don't understand that, there would be no outsourcing of jobs 00:59:33.536 --> 00:59:35.373 if they cared about people. 00:59:35.772 --> 00:59:36.973 Industry does not care. 00:59:36.973 --> 00:59:40.808 They only hire people because it hasn't been automated yet. 00:59:41.978 --> 00:59:44.561 So don't talk about decency and ethics, 00:59:44.952 --> 00:59:48.142 we cannot afford it and remain in business. 00:59:49.485 --> 00:59:53.489 It is important to point out that regardless of the social system, 00:59:53.489 --> 00:59:57.364 whether fascist, socialist, capitalist or communist, 00:59:57.694 --> 01:00:02.015 the underlying mechanism is still money, labor and competition. 01:00:02.999 --> 01:00:07.503 Communist China is no less capitalistic than the United States. 01:00:07.503 --> 01:00:09.604 The only difference is the degree by which 01:00:09.634 --> 01:00:12.023 the state intervenes in enterprise. 01:00:12.976 --> 01:00:17.547 The reality is that monetary-ism, so to speak, is the true mechanism, 01:00:17.547 --> 01:00:20.942 that guides the interests of all the countries on the planet. 01:00:21.818 --> 01:00:25.688 The most agressive and hence dominant variation of this monetary-ism 01:00:25.688 --> 01:00:27.533 is the free enterprise system. 01:00:27.991 --> 01:00:32.121 The fundamental perspective as put forth by early free market economists, 01:00:32.156 --> 01:00:33.492 like Adam Smith, 01:00:33.997 --> 01:00:38.022 is that self-interest and competition leads to social prosperity, 01:00:38.057 --> 01:00:40.514 as the act of competition creates incentive, 01:00:40.515 --> 01:00:42.995 which motivates people to persevere. 01:00:44.974 --> 01:00:46.895 However, what isn't talked about, 01:00:46.925 --> 01:00:49.297 is how a competition-based economy 01:00:49.332 --> 01:00:53.003 invariably leads to strategic corruption, power, 01:00:53.038 --> 01:00:54.384 and wealth consolidation, 01:00:54.384 --> 01:00:59.522 social stratification, technological paralysis, labor abuse 01:00:59.522 --> 01:01:03.977 and ultimately a covert form of government dictatorship 01:01:03.993 --> 01:01:05.570 by the rich elite. 01:01:07.630 --> 01:01:11.430 The word corruption is often defined as moral perversion. 01:01:11.701 --> 01:01:15.805 If a company dumps toxic waste into the ocean to save money, 01:01:15.805 --> 01:01:18.637 most people recognize this as corrupt behavior. 01:01:19.609 --> 01:01:20.898 On a more subtle level, 01:01:21.477 --> 01:01:23.849 when Walmart moves into a small town 01:01:23.909 --> 01:01:25.982 and forces small businesses to shut down, 01:01:26.017 --> 01:01:27.701 for they are unable to compete, 01:01:27.984 --> 01:01:30.009 a grey area emerges. 01:01:30.044 --> 01:01:32.540 For what exactly is Walmart doing wrong? 01:01:32.989 --> 01:01:36.428 Why should they care about the Mom and Pop organizations they destroy? 01:01:36.993 --> 01:01:39.015 Yet even more subtly, 01:01:39.395 --> 01:01:43.766 when a person gets fired from their job, because a new machine has been created, 01:01:43.801 --> 01:01:45.655 which can do the work for less money, 01:01:45.968 --> 01:01:48.241 people tend to just accept that as 01:01:48.276 --> 01:01:49.561 the way it is, 01:01:49.772 --> 01:01:54.334 not seen the inherent corrupt inhumanity of such an action. 01:01:54.977 --> 01:01:56.765 Because the fact is, 01:01:56.979 --> 01:02:01.036 whether it is dumping toxic waste, having a monopoly enterprise 01:02:01.071 --> 01:02:03.051 or downsizing the workforce, 01:02:03.086 --> 01:02:04.641 the motive is the same: 01:02:04.987 --> 01:02:05.976 Profit. 01:02:06.789 --> 01:02:10.758 They are all different degrees of the same self-preserving mechanism, 01:02:10.993 --> 01:02:15.556 which always puts the well-being of people second to monetary gain. 01:02:15.998 --> 01:02:21.537 Therefore, corruption is not some byproduct of monetary-ism. 01:02:21.637 --> 01:02:23.709 It is the very foundation. 01:02:24.674 --> 01:02:28.544 And while most people acknowledge this tendency on one level or another, 01:02:28.544 --> 01:02:32.582 majority remains naive as to the broad ramifications 01:02:32.815 --> 01:02:38.174 of having such a selfish mechanism as the guiding mentality in society. 01:02:38.454 --> 01:02:41.073 Internal documents show that after this company 01:02:41.074 --> 01:02:43.548 positively, absolutely knew that 01:02:43.583 --> 01:02:46.594 they had a medication that was infected with the AIDS virus, 01:02:46.662 --> 01:02:48.998 they took the product off the market in the US, 01:02:48.998 --> 01:02:51.968 and then they dumped it in France, Europe, Asia and Latin America. 01:02:52.003 --> 01:02:54.537 The US government allowed it to happen. 01:02:54.537 --> 01:02:56.758 The FDA allowed this to happen 01:02:56.849 --> 01:02:59.661 and now the government is completely looking the other way. 01:02:59.809 --> 01:03:04.714 Thousands of innocent hemophiliacs have died from the AIDS virus. 01:03:04.749 --> 01:03:07.992 This company knew absolutely that it was infected with AIDS. 01:03:08.062 --> 01:03:12.786 They dumped it because they wanted to turn this disaster into a profit. 01:03:14.824 --> 01:03:18.426 So you see, you have built-in corruption. 01:03:18.995 --> 01:03:20.876 We're all chiseling off each other, 01:03:21.330 --> 01:03:24.299 and you can't expect decency in that sort of thing. 01:03:28.404 --> 01:03:31.607 A feeling that they don't know who to elect. 01:03:31.607 --> 01:03:33.816 They think in terms of a democracy, 01:03:33.976 --> 01:03:37.752 which is not possible in a monetary-based economy. 01:03:38.748 --> 01:03:42.492 If you have more money to advertise your position, 01:03:42.527 --> 01:03:44.465 the position you desire in government, 01:03:44.854 --> 01:03:46.489 that isn't a democracy. 01:03:46.589 --> 01:03:51.173 It serves those in positions of differential advantage. 01:03:51.208 --> 01:03:54.803 So it's always a dictatorship of the elitist, 01:03:54.997 --> 01:03:56.736 the financially wealthy. 01:04:04.474 --> 01:04:06.499 It is an interesting observation 01:04:06.510 --> 01:04:09.347 to note how seemingly unknown personalities, 01:04:09.382 --> 01:04:12.893 magically appear on the scene as presidential candidates. 01:04:12.982 --> 01:04:14.744 Then before you know it, 01:04:14.951 --> 01:04:16.601 somehow you are left to choose from 01:04:16.641 --> 01:04:19.722 a small group of extremely wealthy people 01:04:19.757 --> 01:04:23.414 who suspiciously have the same broad social view. 01:04:24.627 --> 01:04:26.028 Obviously, it's a joke. 01:04:26.495 --> 01:04:28.764 The people placed on the ballot are done so 01:04:28.764 --> 01:04:31.868 because they have been pre-decided to be acceptable 01:04:31.903 --> 01:04:35.085 by the established financial powers, who actually run the show. 01:04:36.973 --> 01:04:41.578 Yet many who understand this illusion of democracy, often think, 01:04:41.778 --> 01:04:46.282 "If only we could just get our honest, ethical politicians in power, 01:04:46.482 --> 01:04:48.194 then we would be okay." 01:04:48.851 --> 01:04:51.621 Well, while this idea of course seems reasonable 01:04:51.621 --> 01:04:54.489 in our established, oriented world view, 01:04:54.757 --> 01:04:58.188 it is unfortunately another fallacy. 01:04:58.995 --> 01:05:02.999 For when it really comes down to what is actually important, 01:05:02.999 --> 01:05:06.969 the institution of politics and thus politicians themselves, 01:05:06.969 --> 01:05:10.282 have absolutely no true relevance 01:05:10.293 --> 01:05:13.751 as to what makes our world and society function. 01:05:14.610 --> 01:05:17.880 It's not politicians that can solve problems. 01:05:17.980 --> 01:05:20.860 They have no technical capabilities. 01:05:20.983 --> 01:05:22.978 They don't know how to solve problems. 01:05:23.013 --> 01:05:27.194 Even if they were sincere, they don't know how to solve problems. 01:05:27.229 --> 01:05:31.580 It's the technicians that produce the desalinization plants. 01:05:31.994 --> 01:05:34.453 It's the technicians that give you electricity. 01:05:34.797 --> 01:05:36.266 That give you motor vehicles. 01:05:36.301 --> 01:05:39.181 That heat your house and cool it in the summer time. 01:05:39.368 --> 01:05:42.037 It's technology that solves problems, 01:05:42.137 --> 01:05:43.424 not politics. 01:05:43.459 --> 01:05:47.877 Politics cannot solve problems 'cause they are not trained to do so. 01:05:48.978 --> 01:05:52.002 Very few people today stop and consider 01:05:52.037 --> 01:05:55.436 what it is that actually improves their lives. 01:05:55.985 --> 01:05:58.321 Is it money? Obviously not. 01:05:58.587 --> 01:06:02.609 One cannot eat money or stuff money into their car to get it to run. 01:06:02.992 --> 01:06:04.632 Is it politics? 01:06:04.994 --> 01:06:07.997 All politicians can do is create laws, 01:06:07.997 --> 01:06:10.595 establish budgets and declare war. 01:06:11.434 --> 01:06:12.425 Is it religion? 01:06:12.702 --> 01:06:15.871 Of course not, religion creates nothing except 01:06:15.871 --> 01:06:19.010 intangible emotional solace for those who require it. 01:06:19.776 --> 01:06:23.310 The true gift that we as human beings have, 01:06:23.780 --> 01:06:26.574 which has been solely responsible for everything 01:06:26.609 --> 01:06:28.532 that has improved our lives, 01:06:28.985 --> 01:06:30.215 is technology. 01:06:31.721 --> 01:06:32.998 What is technology? 01:06:33.033 --> 01:06:34.750 Technology is a pencil, 01:06:34.891 --> 01:06:38.650 which allows one to solidify ideas on paper for communication. 01:06:38.995 --> 01:06:40.955 Technology is an automobile, 01:06:41.006 --> 01:06:44.336 which allows one to travel faster than feet would allow. 01:06:44.767 --> 01:06:46.970 Technology is a pair of eye glasses, 01:06:47.005 --> 01:06:49.548 which enables sight for those who need it. 01:06:50.973 --> 01:06:53.044 Applied technology itself, 01:06:53.085 --> 01:06:56.545 is merely and extension of human attributes, 01:06:56.545 --> 01:06:58.257 which reduces human effort, 01:06:58.365 --> 01:07:01.366 freeing humans from a particular chore or problem. 01:07:01.884 --> 01:07:05.361 Imagine what your life would be like today without a telephone, 01:07:05.554 --> 01:07:06.722 or an oven, 01:07:06.722 --> 01:07:07.820 or a computer, 01:07:07.990 --> 01:07:09.141 or an airplane. 01:07:09.558 --> 01:07:12.241 Everything in your home, which you take for granted, 01:07:12.276 --> 01:07:13.315 from a doorbell, 01:07:13.436 --> 01:07:14.497 to a table, 01:07:14.497 --> 01:07:15.735 to a dishwasher, 01:07:15.998 --> 01:07:17.047 is technology, 01:07:17.268 --> 01:07:20.732 generated from the creative scientific ingenuity 01:07:20.767 --> 01:07:22.467 of human technicians. 01:07:22.972 --> 01:07:26.266 Not money, politics or religion. 01:07:26.976 --> 01:07:29.436 These are false institutions. 01:07:29.979 --> 01:07:33.230 ...and writing your congressman is fantastic. 01:07:33.583 --> 01:07:35.185 They tell you to write to your congressman 01:07:35.220 --> 01:07:36.587 if you want something done. 01:07:36.686 --> 01:07:40.571 The men in Washington should be at the forefront of technology. 01:07:40.790 --> 01:07:42.478 The forefront of human study. 01:07:42.692 --> 01:07:44.175 The forefront of crime. 01:07:44.394 --> 01:07:47.076 All the factors that shape human behavior. 01:07:47.530 --> 01:07:49.228 You don't have to write your congressman. 01:07:49.432 --> 01:07:53.202 What kind of people are they that are appointed to do that job? 01:07:53.969 --> 01:07:56.367 The future will have great difficulty... 01:07:56.972 --> 01:08:00.611 And the question that's raised by politicians is: 01:08:00.646 --> 01:08:02.524 How much will a project cost? 01:08:02.978 --> 01:08:05.856 The question is not how much will it cost. 01:08:05.981 --> 01:08:07.969 Do we have the resources? 01:08:08.431 --> 01:08:12.392 And we have the resources today to house everyone, 01:08:12.427 --> 01:08:14.818 build hospitals all over the world, 01:08:14.948 --> 01:08:17.214 build schools all over the world, 01:08:17.463 --> 01:08:19.535 the finest equipment in labs 01:08:19.586 --> 01:08:22.326 for teaching and doing medical research. 01:08:22.998 --> 01:08:27.214 So you see, we have all that, but we're in a monetary system, 01:08:27.403 --> 01:08:30.335 and in a monetary system, there's profit. 01:08:31.974 --> 01:08:35.978 And what is the fundamental mechanism that drives the profit system 01:08:35.978 --> 01:08:37.366 besides self-interest? 01:08:37.880 --> 01:08:41.667 What is it exactly that maintains that competitive edge at it's core? 01:08:41.984 --> 01:08:44.587 Is it high efficiency and sustainability? 01:08:45.421 --> 01:08:48.300 No. That isn't part of their design. 01:08:48.591 --> 01:08:50.936 Nothing produced in our profit-based society 01:08:50.987 --> 01:08:53.459 is even remotely sustainable or efficient. 01:08:53.596 --> 01:08:54.670 If it was, there wouldn't be 01:08:54.691 --> 01:08:58.489 a multi-million dollar a year service industry for automobiles. 01:08:58.768 --> 01:09:01.342 Nor would the average lifespan for most electronics 01:09:01.377 --> 01:09:02.772 be less than three months 01:09:02.807 --> 01:09:04.168 before they're obsolete. 01:09:05.774 --> 01:09:06.973 Is it abundance? 01:09:07.610 --> 01:09:08.652 Absolutely not. 01:09:08.878 --> 01:09:11.801 Abundance, as based on the laws of supply and demand, 01:09:11.981 --> 01:09:13.732 is actually a negative thing. 01:09:13.983 --> 01:09:16.225 If a diamond company finds ten times 01:09:16.275 --> 01:09:18.857 the usual amount of diamonds during their mining, 01:09:18.988 --> 01:09:21.591 it means the supply of diamonds has increased, 01:09:21.626 --> 01:09:25.023 which means the cost and profit per diamond drops. 01:09:25.695 --> 01:09:29.515 The fact is: efficiency, sustainability and abundance 01:09:29.565 --> 01:09:31.645 are enemies of profit. 01:09:31.967 --> 01:09:33.388 To put it into a word, 01:09:33.769 --> 01:09:38.025 it is the mechanism of scarcity that increases profits. 01:09:40.976 --> 01:09:42.265 What is scarcity? 01:09:42.611 --> 01:09:44.902 Based on keeping products valuable. 01:09:44.980 --> 01:09:48.544 Slowing up production on oil raises the price. 01:09:48.984 --> 01:09:52.484 Maintaining scarcity of diamonds keeps the price high. 01:09:52.788 --> 01:09:55.932 They burn diamonds at the Kimberly Diamond Mine. 01:09:55.967 --> 01:09:57.078 They're made of carbon. 01:09:57.113 --> 01:09:58.671 That keeps the price up. 01:09:58.994 --> 01:10:02.998 So then, what does it mean for society when scarcity, 01:10:02.998 --> 01:10:06.071 either produced naturally or through manipulation 01:10:06.235 --> 01:10:09.174 is a beneficial condition for industry? 01:10:11.107 --> 01:10:13.704 It means that sustainability and abundance 01:10:13.744 --> 01:10:17.314 will never ever occur in a profit system. 01:10:17.426 --> 01:10:21.469 For it simply goes against the very nature of the structure. 01:10:21.784 --> 01:10:27.511 Therefore, it is impossible to have a world without war or poverty. 01:10:27.990 --> 01:10:31.794 It is impossible to continually advance technology 01:10:31.829 --> 01:10:34.430 to its most efficient and productive states. 01:10:34.997 --> 01:10:36.521 And most dramatically, 01:10:36.999 --> 01:10:41.297 it is impossible to expect human beings to behave 01:10:41.332 --> 01:10:44.057 in truly ethical or decent ways. 01:10:50.779 --> 01:10:52.805 People use the word 'instinct' 01:10:53.220 --> 01:10:56.614 because they can't account for the behavior. 01:10:56.986 --> 01:11:02.506 They sit back and they evaluate with their lack of knowledge, you know, 01:11:02.692 --> 01:11:04.605 and they say things like, 01:11:04.994 --> 01:11:08.449 "Humans are built a certain way, greed is a natural thing," 01:11:08.530 --> 01:11:10.523 as though they'd worked for years on it. 01:11:10.558 --> 01:11:13.647 And it's no more natural than wearing clothing. 01:11:13.969 --> 01:11:16.633 What we want to do is to eliminate 01:11:17.339 --> 01:11:19.476 the causes of the problems. 01:11:19.708 --> 01:11:22.180 Eliminate the processes that 01:11:22.778 --> 01:11:26.331 produce greed, and bigotry, and prejudice, 01:11:26.782 --> 01:11:30.275 and people taking advantage of one another, and elitism. 01:11:30.686 --> 01:11:35.576 Eliminating the need for prisons and welfare. 01:11:35.891 --> 01:11:37.479 We have always had these problems because 01:11:37.514 --> 01:11:39.790 we have always lived within scarcity, 01:11:39.995 --> 01:11:45.273 and barter, and monetary systems that produce scarcity. 01:11:45.303 --> 01:11:49.538 If you eradicate the conditions that generate 01:11:49.538 --> 01:11:52.076 what you call 'socially offensive behavior,' 01:11:52.174 --> 01:11:53.534 it does not exist. 01:11:53.976 --> 01:11:56.093 A guy says: Well listen, are they in-born? 01:11:56.545 --> 01:11:57.917 No, it's not. 01:11:57.980 --> 01:12:00.940 There is no human nature, there's human behavior, 01:12:00.983 --> 01:12:03.786 and that's always been changed throughout history. 01:12:03.821 --> 01:12:06.118 You're not born with bigotry, 01:12:06.159 --> 01:12:09.403 and greed, and corruption, and hatred. 01:12:09.692 --> 01:12:12.257 You pick that up within the society. 01:12:13.729 --> 01:12:17.966 War, poverty, corruption, hunger, misery, human suffering 01:12:17.966 --> 01:12:20.404 will not change in a monetary system. 01:12:20.439 --> 01:12:23.883 That is, there will be very little significant change. 01:12:23.972 --> 01:12:27.755 It's going to take the redesigning of our culture, 01:12:27.776 --> 01:12:28.846 our values, 01:12:28.977 --> 01:12:32.726 and it has to be related to the carrying capacity of the earth, 01:12:32.781 --> 01:12:37.377 not some human opinion, or some politicians notions 01:12:37.486 --> 01:12:39.314 of the way the world ought to be. 01:12:39.655 --> 01:12:44.482 Or some religion's notions of the conduct of human affairs. 01:12:44.993 --> 01:12:48.026 And that's what The Venus Project is about. 01:12:49.998 --> 01:12:52.937 The society, that we're about to talk about, 01:12:52.968 --> 01:12:57.973 is a society that is free of all the old superstitions, 01:12:57.973 --> 01:13:03.003 incarceration, prisons, police, cruelty and law. 01:13:03.172 --> 01:13:05.116 All laws will disappear 01:13:05.247 --> 01:13:09.129 and the professions will disappear, that are no longer valid, 01:13:09.184 --> 01:13:12.988 such as stockbrokers, bankers, advertising... 01:13:12.988 --> 01:13:15.023 Gone! Forever! 01:13:15.058 --> 01:13:17.809 Because it's no longer relevant. 01:13:20.429 --> 01:13:23.009 When we understand that it is technology 01:13:23.044 --> 01:13:24.949 devised by human ingenuity 01:13:24.984 --> 01:13:28.102 which frees humanity and increases our quality of life 01:13:28.170 --> 01:13:32.003 we then realize, that the most important focus we can have 01:13:32.038 --> 01:13:36.182 is on the intelligent management of the earth's resources. 01:13:36.311 --> 01:13:38.548 For it is from these natural resources, 01:13:38.583 --> 01:13:41.877 we gain the materials to continue our path of prosperity. 01:13:42.784 --> 01:13:44.787 Understanding this, we then see, 01:13:44.822 --> 01:13:48.991 that money fundamentally exists as a barrier to these resources, 01:13:49.026 --> 01:13:51.884 for virtually, everything has a financial cause. 01:13:52.628 --> 01:13:55.378 And why do we need money to obtain these resources? 01:13:55.697 --> 01:13:58.513 Because of real or assumed scarcity. 01:14:00.469 --> 01:14:03.442 We don't usually pay for air and tap water, 01:14:03.505 --> 01:14:05.466 because it is in such high abundance, 01:14:05.507 --> 01:14:07.169 selling it would be pointless. 01:14:08.143 --> 01:14:10.412 So then, logically speaking, 01:14:10.447 --> 01:14:12.263 if resources and technologies, 01:14:12.303 --> 01:14:15.134 applicable to creating everything in our societies 01:14:15.217 --> 01:14:17.558 such as houses, cities and transportation, 01:14:18.223 --> 01:14:20.187 were in high enough abundance, 01:14:20.222 --> 01:14:22.625 there would be no reason to sell anything. 01:14:23.892 --> 01:14:26.509 Likewise, if automation and machinery 01:14:26.544 --> 01:14:28.548 was so technologically advanced, 01:14:28.597 --> 01:14:30.764 as to relieve human beings of labor 01:14:30.999 --> 01:14:33.009 there would be no reason to have a job. 01:14:33.669 --> 01:14:36.034 And with these social aspects taking care of, 01:14:36.338 --> 01:14:38.378 there would be no reason to have money at all. 01:14:40.275 --> 01:14:42.014 So the ultimate question remains: 01:14:42.978 --> 01:14:45.881 Do we on earth have enough resources 01:14:45.916 --> 01:14:47.486 and technological understanding 01:14:47.616 --> 01:14:50.269 to create a society of such abundance, 01:14:50.304 --> 01:14:53.849 that everything we have now could be available without a price tag 01:14:53.989 --> 01:14:56.720 and without the need for submission through employment? 01:14:58.527 --> 01:14:59.967 Yes, we do. 01:15:01.196 --> 01:15:03.358 We have the resources and technology 01:15:03.365 --> 01:15:05.601 to enable this at a minimum 01:15:05.601 --> 01:15:09.130 along with the ability to raise the standards of living so high 01:15:09.438 --> 01:15:12.879 that people in the future will look back at our civilisation now 01:15:12.975 --> 01:15:17.914 and gawk at how primitive and immature our society was. 01:15:18.981 --> 01:15:20.852 What The Venus Project proposes 01:15:21.049 --> 01:15:23.096 is an entirely different system 01:15:23.218 --> 01:15:26.650 that's updated to present day knowledge. 01:15:26.989 --> 01:15:29.391 We've never given scientists the problem of 01:15:29.426 --> 01:15:33.956 How do you design a society which would eliminate boring and monotonous jobs, 01:15:33.996 --> 01:15:38.376 that would eliminate accidents in transportation, 01:15:38.634 --> 01:15:41.480 that would enable people to have a high standard of living, 01:15:41.803 --> 01:15:44.901 that would eliminate poisons in our food, 01:15:44.973 --> 01:15:48.663 give us other sources of energy, that are clean and efficient. 01:15:48.810 --> 01:15:50.608 We can do that out there. 01:15:56.018 --> 01:15:57.706 The major difference between 01:15:57.736 --> 01:16:00.713 a resource-based economy and a monetary system, 01:16:00.756 --> 01:16:04.515 is that a resource-based economy is really concerned with people 01:16:04.526 --> 01:16:05.441 and their well-being 01:16:05.794 --> 01:16:08.848 where the monetary system has become so distorted 01:16:08.889 --> 01:16:12.289 that the concerns of the people are really secondary, 01:16:12.378 --> 01:16:13.579 if they're there at all. 01:16:13.869 --> 01:16:16.356 Products that are turned out are for 01:16:16.638 --> 01:16:18.142 how much money you can get. 01:16:18.173 --> 01:16:21.612 If there is a problem in society and you can't earn money 01:16:21.647 --> 01:16:24.367 from solving that problem, then it won't be done. 01:16:24.980 --> 01:16:27.558 The resource-based economy is really not close 01:16:27.593 --> 01:16:29.273 to anything that's been tried. 01:16:29.384 --> 01:16:32.337 And with all our technology today, we can create abundance. 01:16:32.438 --> 01:16:35.340 It could be used to improve everyone's lifestyle. 01:16:35.490 --> 01:16:38.894 Abundance all over the world, if we use our technology wisely 01:16:38.994 --> 01:16:40.497 and maintain the environment. 01:16:40.796 --> 01:16:42.671 It's a very different system 01:16:42.798 --> 01:16:44.639 and it's very hard to talk about 01:16:44.767 --> 01:16:47.968 because the public is not that well enough informed 01:16:48.170 --> 01:16:50.491 as to the state of technology. 01:16:55.978 --> 01:16:59.217 At present, we don't have to burn fossil fuels. 01:16:59.581 --> 01:17:03.445 We don't have to use anything that would contaminate the environment. 01:17:03.652 --> 01:17:06.785 There are many sources of energy available. 01:17:07.990 --> 01:17:11.031 Alternative energy solutions pushed by the establishment, 01:17:11.131 --> 01:17:13.898 such as hydrogen, biomass and even nuclear 01:17:14.099 --> 01:17:16.495 are highly insufficient, dangerous, 01:17:16.565 --> 01:17:19.384 and exist only to perpetuate the profit structure 01:17:19.419 --> 01:17:20.599 the industry has created. 01:17:21.370 --> 01:17:25.009 When we look beyond the propaganda and self-serving solutions 01:17:25.044 --> 01:17:27.275 put forth by the energy companies, 01:17:27.275 --> 01:17:29.745 we find a seemingly endless stream 01:17:29.780 --> 01:17:33.220 of clean, abundant and renewable energy for generating power. 01:17:34.449 --> 01:17:37.086 Solar and wind energy are well known to the public. 01:17:37.093 --> 01:17:40.205 But the true potential of these mediums remains unexpressed. 01:17:40.989 --> 01:17:43.249 Solar energy, derived from the sun, 01:17:43.292 --> 01:17:47.205 has such abundance, that one hour of light at high noon 01:17:47.462 --> 01:17:51.864 contains more energy than what the entire world consumes in a year. 01:17:51.967 --> 01:17:55.528 If we could capture one-hundreth of a percent of this energy, 01:17:55.971 --> 01:17:59.452 the world would never have to use oil, gas or anything else. 01:17:59.975 --> 01:18:02.250 The questioning is not availability, 01:18:02.411 --> 01:18:04.218 but the technology to harness it. 01:18:04.746 --> 01:18:06.882 And there are many advanced mediums today 01:18:06.982 --> 01:18:08.651 which could accomplish just that, 01:18:09.074 --> 01:18:10.543 if they were not hindered 01:18:10.594 --> 01:18:13.106 by the need to compete for market share 01:18:13.141 --> 01:18:15.757 with the established energy power structures. 01:18:16.992 --> 01:18:18.259 Then there's wind energy. 01:18:18.827 --> 01:18:21.145 Wind energy has long been denounced as weak 01:18:21.396 --> 01:18:24.605 and, due to being location driven, impractical. 01:18:24.966 --> 01:18:26.401 This is simply not true. 01:18:26.768 --> 01:18:29.904 The US Department of Energy admitted in 2007 01:18:29.971 --> 01:18:34.831 that if wind was fully harvested in just three of America's 50 states, 01:18:34.976 --> 01:18:37.351 it could power the entire nation. 01:18:38.980 --> 01:18:43.134 And then there are the rather unknown mediums of tidal and wave power. 01:18:43.819 --> 01:18:46.821 Tidal power is derived from tidal shifts in the ocean. 01:18:46.988 --> 01:18:50.546 Installing turbines which capture this movement, generates energy. 01:18:51.159 --> 01:18:52.354 In the United Kingdom, 01:18:52.394 --> 01:18:54.909 42 sites are currently noted as available, 01:18:55.130 --> 01:18:59.059 forecasting that 34% of all the UK's energy 01:18:59.094 --> 01:19:01.451 could come from tidal power alone. 01:19:02.971 --> 01:19:07.104 Wave power, which extracts energy from the surface motions of the ocean, 01:19:07.476 --> 01:19:09.828 is estimated to have a global potential 01:19:09.859 --> 01:19:12.733 of up to 80,000 terawatt-hours a year. 01:19:13.381 --> 01:19:17.419 This means 50% of the entire planet's energy usage 01:19:17.454 --> 01:19:19.749 could be produced from this medium alone. 01:19:21.523 --> 01:19:26.645 Now, it is important to point out that tidal, wave, solar and wind power 01:19:26.995 --> 01:19:30.284 requires virtually no preliminary energy to harness, 01:19:30.465 --> 01:19:35.317 unlike coal, oil, gas, biomass, hydrogen and all the others. 01:19:35.971 --> 01:19:37.955 In combination, these four mediums alone, 01:19:38.191 --> 01:19:40.369 if efficiently harnessed through technology, 01:19:40.409 --> 01:19:42.897 could power the world forever. 01:19:44.166 --> 01:19:45.135 That being said, 01:19:45.174 --> 01:19:48.542 there happens to be another form of clean renewable energy, 01:19:48.577 --> 01:19:50.154 which trumps them all. 01:19:50.752 --> 01:19:52.580 Geothermal power. 01:19:53.421 --> 01:19:56.776 Geothermal energy utilizes what is called heat mining, 01:19:56.792 --> 01:19:59.122 which, through a simple process using water, 01:19:59.155 --> 01:20:02.116 is able to generate massive amounts of clean energy. 01:20:02.798 --> 01:20:06.150 In 2006, an MIT report on geothermal energy 01:20:06.401 --> 01:20:11.034 found that 13,000 zetajules of power are currently available in the earth 01:20:11.439 --> 01:20:13.832 with the possibility of 2,000 zetajules 01:20:13.872 --> 01:20:16.902 being easily tapable with improved technology. 01:20:17.679 --> 01:20:19.131 The total energy consumption 01:20:19.183 --> 01:20:20.758 of all the countries on the planet 01:20:20.798 --> 01:20:23.174 is about half of a zetajule a year. 01:20:23.485 --> 01:20:26.709 This means about 4000 years of planetary power 01:20:26.759 --> 01:20:27.916 could be harnessed 01:20:27.923 --> 01:20:29.374 in this medium alone. 01:20:30.392 --> 01:20:33.017 And when we understand that the earth's heat generation 01:20:33.052 --> 01:20:34.239 is constantly renewed, 01:20:34.529 --> 01:20:36.357 this energy is really limitless. 01:20:36.598 --> 01:20:38.252 It could be used forever. 01:20:39.601 --> 01:20:44.206 These energy sources are only a few of the clean renewable mediums available 01:20:44.306 --> 01:20:47.073 and as time goes on, we will find more. 01:20:47.342 --> 01:20:51.156 The grand realization is that we have total energy abundance 01:20:51.191 --> 01:20:53.226 without the need for pollution, 01:20:53.415 --> 01:20:57.221 traditional conservation, or in fact, a price tag. 01:20:59.621 --> 01:21:01.548 And what about transportation? 01:21:02.591 --> 01:21:04.419 The prevailing means of transportation 01:21:04.454 --> 01:21:07.376 in our societies is by automobile and aircraft, 01:21:07.662 --> 01:21:10.536 both of which predominantly need fossil fuels to run. 01:21:10.999 --> 01:21:14.336 In the case of the automobile, the battery technology needed 01:21:14.336 --> 01:21:17.718 to power an electric car that can go over a hundred miles an hour, 01:21:17.873 --> 01:21:20.181 for over two hundred miles on one charge, 01:21:20.216 --> 01:21:23.142 exists and has existed for many years. 01:21:23.177 --> 01:21:26.400 However, due to battery patents, controlled by the oil industry, 01:21:26.435 --> 01:21:29.156 which limits their ability to maintain market share, 01:21:29.191 --> 01:21:32.121 coupled with political pressure from the energy industry, 01:21:32.156 --> 01:21:36.189 the accessibility and affordability of this technology is limited. 01:21:36.992 --> 01:21:38.617 There is absolutely no reason, 01:21:38.652 --> 01:21:40.893 other than pure, corrupt profit interests, 01:21:40.996 --> 01:21:42.931 that every single vehicle in the world 01:21:42.966 --> 01:21:47.537 cannot be electric and utterly clean, with zero need for gasoline. 01:21:48.536 --> 01:21:49.819 As far as airplanes, 01:21:49.971 --> 01:21:53.269 it is time we realize that this means of travel is inefficient, 01:21:53.304 --> 01:21:56.940 cumbersome, slow and causes far too much pollution. 01:21:57.712 --> 01:21:59.544 This is a MagLev train. 01:21:59.981 --> 01:22:02.359 It uses magnets for propulsion. 01:22:02.784 --> 01:22:05.259 It is fully suspended by a magnetic field 01:22:05.309 --> 01:22:09.434 and requires less then two percent of the energy used for plane travel. 01:22:09.991 --> 01:22:12.586 The train has no wheels, so nothing can wear out. 01:22:12.994 --> 01:22:15.669 The current maximum speed of versions of this technology, 01:22:15.729 --> 01:22:18.151 of this technology, as used in Japan, 01:22:18.498 --> 01:22:20.725 is three hundred and sixty one miles per hour. 01:22:20.969 --> 01:22:24.717 However, this version of the technology is very dated. 01:22:25.707 --> 01:22:27.712 An organisation called ET-3 01:22:27.761 --> 01:22:29.968 which has connections with The Venus Project, 01:22:29.978 --> 01:22:32.585 has established a tube-based MagLev 01:22:32.801 --> 01:22:36.067 that can travel up to 4000 miles per hour 01:22:36.102 --> 01:22:41.275 in a motionless, frictionless tube, which can go over land or under water. 01:22:41.990 --> 01:22:45.465 Imagine going from L.A to New York for an extended lunchbreak 01:22:45.894 --> 01:22:49.684 or from Washington D.C. to Beijing, China, in two hours. 01:22:49.998 --> 01:22:54.056 This is the future of continental and intercontinental travel. 01:22:54.470 --> 01:22:58.328 Fast, clean, with only a fraction of the energy usage 01:22:58.367 --> 01:23:01.010 we use today for the same means. 01:23:01.676 --> 01:23:03.906 In fact, between MagLev technology, 01:23:03.946 --> 01:23:06.982 advanced battery storage and geothermal energy, 01:23:07.549 --> 01:23:10.540 there will be no reason to ever burn fossil fuels again. 01:23:10.986 --> 01:23:12.606 And we can do this now, 01:23:12.699 --> 01:23:16.351 if we were not held back by the paralyzing profit structure. 01:23:20.762 --> 01:23:24.137 Now America is inclined toward fascism. 01:23:24.299 --> 01:23:27.803 It has a propensity by its dominant philosophy 01:23:27.838 --> 01:23:31.400 and religion to uphold to fascist point of view. 01:23:31.706 --> 01:23:36.095 American industry is essencially a fascist institution. 01:23:36.444 --> 01:23:37.656 If you don't understand that, 01:23:37.686 --> 01:23:41.567 the minute you punch that time clock, you walk into a dictatorship. 01:23:41.750 --> 01:23:46.223 We're given notions about the respectibility of work. 01:23:46.488 --> 01:23:50.224 And I realy look at it as being paid slavery. 01:23:50.992 --> 01:23:52.248 You brought up to believe that 01:23:52.288 --> 01:23:55.303 you shall earn your living by the sweat of your brow. 01:23:55.485 --> 01:23:57.417 That holds people back. 01:23:57.999 --> 01:23:59.565 Freeing people 01:23:59.795 --> 01:24:03.527 from drudgery, repetitive jobs which make them ignorant. 01:24:03.672 --> 01:24:05.027 You rob them. 01:24:05.974 --> 01:24:09.431 In our society, that is a resourced-based economy, 01:24:09.588 --> 01:24:11.691 machines free people. 01:24:11.980 --> 01:24:14.482 You see, we can't imagine that because 01:24:14.483 --> 01:24:16.866 we've never known that kind of world. 01:24:21.456 --> 01:24:22.883 If we look back at history, 01:24:23.058 --> 01:24:26.370 we see a very clear pattern of machine automation, 01:24:26.405 --> 01:24:28.666 slowly replacing human labour. 01:24:29.330 --> 01:24:31.866 From the disappearance of the elevator man 01:24:31.901 --> 01:24:35.227 to the near full automation of an automobile production plant, 01:24:35.570 --> 01:24:40.341 the fact is, as technology grows the need for humans in the work force 01:24:40.341 --> 01:24:42.014 will continually be diminished. 01:24:42.811 --> 01:24:44.968 This creates a serious clash, 01:24:44.979 --> 01:24:49.747 which proves the falsness of the monetary-based labor system, 01:24:49.984 --> 01:24:53.521 for human employment is in direct competition 01:24:53.593 --> 01:24:55.536 with technological developement. 01:24:55.990 --> 01:25:00.241 Therefore, given the fundamental priority of profit by industry, 01:25:00.662 --> 01:25:03.460 people through time will be continually layed off 01:25:03.495 --> 01:25:05.285 and replaced by machine. 01:25:05.800 --> 01:25:10.006 When industry takes on a machine instead of shortening the work day, 01:25:10.041 --> 01:25:11.172 they downsize. 01:25:11.207 --> 01:25:15.053 You loose your job so you have a right to fear machines. 01:25:15.643 --> 01:25:18.522 In a high technology, resourced-based economy, 01:25:18.980 --> 01:25:23.699 It is conservative to say that about 90% of all current occupations 01:25:23.752 --> 01:25:25.887 could be phased out by machines, 01:25:25.987 --> 01:25:29.670 freeing humans to live their life without servitude. 01:25:29.991 --> 01:25:32.588 For this is the point of technology itself. 01:25:32.994 --> 01:25:35.688 And through time, with nanotechnology 01:25:35.723 --> 01:25:38.106 and other highly advanced forms of science, 01:25:38.141 --> 01:25:41.631 it is not farfetched to see how even complex 01:25:41.661 --> 01:25:43.860 medical procedures could be performed 01:25:43.895 --> 01:25:45.047 by machines, as well. 01:25:47.068 --> 01:25:47.071 And based on the pattern 01:25:47.127 --> 01:25:50.738 with much higher success rates than humans get today. 01:25:51.746 --> 01:25:55.167 The path is clear, but our monetary-based structure 01:25:55.202 --> 01:25:59.274 which requires labour for income, blocks this progress, 01:25:59.309 --> 01:26:02.435 for humans need jobs, in order to survive. 01:26:02.991 --> 01:26:05.575 The bottom line is that this system must go 01:26:05.794 --> 01:26:07.740 or we will never be free 01:26:07.922 --> 01:26:10.880 and technology will be constantly paralyzed. 01:26:11.699 --> 01:26:14.039 We have machines that clean out sewers 01:26:14.336 --> 01:26:17.006 and frees a human being from doing that. 01:26:17.041 --> 01:26:22.224 So look at machines as extensions of human performance. 01:26:22.977 --> 01:26:27.831 Furthermore, many occupations today will have simply no basis 01:26:27.866 --> 01:26:30.547 to exist in a resourced-based economy. 01:26:30.785 --> 01:26:33.957 Such as anything assosiated with the management of money, 01:26:34.289 --> 01:26:37.344 advertising, along with a legal system itself. 01:26:37.992 --> 01:26:41.286 For, without money, a great majority of the crimes 01:26:41.321 --> 01:26:43.729 that are commited today, would never occur. 01:26:43.998 --> 01:26:45.594 Virtually, all forms of crime 01:26:45.645 --> 01:26:47.687 are consequence in the monetary system, 01:26:47.700 --> 01:26:53.618 either directly or by nevroses inflicted through financial deprevation. 01:26:53.975 --> 01:26:58.231 Therefore, laws themselves could eventually become extinct. 01:26:58.747 --> 01:27:03.169 Instead of putting up a sign: 'Drive carefully', 'Slippery when wet', 01:27:03.228 --> 01:27:06.888 put abrasive on the highway, so it is not slippery when wet. 01:27:06.988 --> 01:27:09.244 And when a person gets in a car that drunk 01:27:09.279 --> 01:27:11.362 and a car oscillates at great deal, 01:27:11.397 --> 01:27:12.703 there's a little pendulum 01:27:12.994 --> 01:27:14.142 that swings up and back 01:27:14.182 --> 01:27:16.439 and that will pull the car over the side... 01:27:16.598 --> 01:27:17.761 Not a law. 01:27:17.999 --> 01:27:18.968 A solution. 01:27:19.003 --> 01:27:23.274 Put sonar and radar on automobiles so they can't hit one another. 01:27:23.371 --> 01:27:25.609 Man-made laws are attempts 01:27:25.807 --> 01:27:27.976 to deal with occuring problems 01:27:27.976 --> 01:27:30.450 and not knowing how to solve them... 01:27:30.490 --> 01:27:31.790 They make a law. 01:27:32.681 --> 01:27:35.121 In the United States, the most privatised, 01:27:35.156 --> 01:27:36.795 capitalist country on the planet, 01:27:36.985 --> 01:27:38.901 it shall come as no surprise 01:27:38.987 --> 01:27:42.636 that it also has the largest prison population in the world. 01:27:42.991 --> 01:27:44.587 Growing every year. 01:27:44.993 --> 01:27:47.996 Statistically, most of these people are uneducated 01:27:47.996 --> 01:27:50.922 and come from poor, deprived societies. 01:27:51.532 --> 01:27:53.428 And contrary to propaganda, 01:27:53.735 --> 01:27:55.913 it is this enviromental conditioning, 01:27:56.216 --> 01:27:59.364 which lures them into criminal and violent behavior. 01:27:59.974 --> 01:28:02.046 However, society looks the other way 01:28:02.081 --> 01:28:03.793 in regard to this point. 01:28:03.978 --> 01:28:07.982 The legal and prison systems are just more examples 01:28:07.982 --> 01:28:10.523 of how our society avoids examining 01:28:10.785 --> 01:28:12.658 the root causes of behavior. 01:28:12.987 --> 01:28:14.773 Billions are spent each year 01:28:14.852 --> 01:28:16.691 on prisons and police, 01:28:16.691 --> 01:28:18.851 while only a fraction is spent on 01:28:18.886 --> 01:28:20.456 programs for poverty, 01:28:20.618 --> 01:28:23.047 which is one of the most fundamental variables 01:28:23.048 --> 01:28:25.438 responsible for crime to begin with. 01:28:25.767 --> 01:28:28.377 And, as long as we have an economic system, 01:28:28.412 --> 01:28:29.974 which preferes and in fact, 01:28:30.009 --> 01:28:32.893 creates scarcity and deprivation, 01:28:32.994 --> 01:28:35.150 crime will never go away. 01:28:40.682 --> 01:28:45.182 If people have access to the necessities of life 01:28:45.217 --> 01:28:49.459 without survitude, debt, barter, trade, 01:28:50.892 --> 01:28:52.597 they'd behave very differently. 01:28:52.894 --> 01:28:56.957 You want all these things available without a price tag. 01:28:56.998 --> 01:29:00.435 Now then, you're not gonna have a price tag, 01:29:00.470 --> 01:29:02.155 what will motivate people? 01:29:02.870 --> 01:29:06.513 A man gets everything he wants, he's just laying around in the sun. 01:29:06.708 --> 01:29:09.027 This is the myth they perpetuate. 01:29:09.056 --> 01:29:11.845 People in our culture are trained to believe 01:29:11.979 --> 01:29:15.189 that the monetary system produces incentive. 01:29:15.450 --> 01:29:18.865 If they have access to things, why should they want to do anything? 01:29:18.986 --> 01:29:20.939 They would loose their incentive. 01:29:20.974 --> 01:29:24.442 That's what you're taught to support the monetary system. 01:29:24.477 --> 01:29:26.625 When you take money out of the scenario, 01:29:27.512 --> 01:29:31.388 there would be different incentives, very different incentives. 01:29:31.699 --> 01:29:34.947 When people have access to the necessities of life, 01:29:34.969 --> 01:29:36.586 their incentives change. 01:29:36.671 --> 01:29:38.574 What about the moon and the stars? 01:29:38.973 --> 01:29:40.944 New incentives arise. 01:29:40.975 --> 01:29:43.491 If you make a painting that you enjoy, 01:29:43.711 --> 01:29:47.259 you will enjoy giving it to other people, not selling it. 01:29:51.986 --> 01:29:55.330 I think most of the education, that I've seen today is 01:29:55.365 --> 01:29:58.559 essentially, producing a person for a job. 01:29:58.594 --> 01:30:01.374 It's very specialized. They're not generalists. 01:30:01.409 --> 01:30:04.245 People don't know a lot about a lot of different subjects. 01:30:04.280 --> 01:30:06.968 I don't think you can get people to go to war, 01:30:06.968 --> 01:30:10.302 if they knew a lot about a lot of things. 01:30:10.337 --> 01:30:12.797 I think education is mostly rote 01:30:12.974 --> 01:30:16.566 and they're not taught how to solve problems. 01:30:16.601 --> 01:30:19.150 They're not given the tools, emotionally, 01:30:19.185 --> 01:30:20.962 or within their own field, 01:30:20.982 --> 01:30:23.281 of how to do critical thinking. 01:30:23.584 --> 01:30:26.890 In a resource-based economy, the education would be very different. 01:30:26.988 --> 01:30:30.913 Our society's major concern is mental development 01:30:30.992 --> 01:30:33.692 and to motivate each person 01:30:33.795 --> 01:30:35.913 to their highest potential. 01:30:35.997 --> 01:30:37.451 Because our philosophy is 01:30:37.461 --> 01:30:40.091 the smarter people are, the richer the world, 01:30:40.126 --> 01:30:42.727 because everybody becomes a contributor. 01:30:42.970 --> 01:30:45.298 The smarter your kids are, 01:30:45.333 --> 01:30:47.098 the better my life will be. 01:30:47.133 --> 01:30:49.334 Because they'll be contributing more constructively 01:30:49.369 --> 01:30:52.125 to the environment and to my life. 01:30:52.165 --> 01:30:53.303 Because everything that 01:30:53.354 --> 01:30:56.503 we devise within a resource-based economy, 01:30:56.584 --> 01:30:58.239 would be applied to society. 01:30:58.280 --> 01:31:00.150 There would be nothing to hold it back. 01:31:04.425 --> 01:31:08.615 Patriotism, weapons, armies, navies... 01:31:08.696 --> 01:31:09.995 All that is a sign 01:31:09.997 --> 01:31:12.574 that we're not civilized yet. 01:31:12.967 --> 01:31:14.558 Kids will ask their parents: 01:31:14.702 --> 01:31:18.404 "Didn't you see the necessity of the machines?" 01:31:18.973 --> 01:31:21.609 "Dad, couldn't you see that war was inevitable 01:31:21.644 --> 01:31:23.173 when you produce scarcity?" 01:31:23.978 --> 01:31:24.941 "Isn't it obvious?" 01:31:24.981 --> 01:31:26.752 Of course, the kid will understand 01:31:26.981 --> 01:31:29.984 that you're pinheads; raised merely to serve 01:31:29.984 --> 01:31:32.112 the established institutons. 01:31:32.147 --> 01:31:34.989 We're such in an abominable, sick society, 01:31:35.389 --> 01:31:37.392 that we won't make the history book. 01:31:37.427 --> 01:31:41.524 They'll just say that large nations took land from smaller nations, 01:31:41.696 --> 01:31:43.239 used force and violence. 01:31:43.274 --> 01:31:45.646 You'll get history talked about as 01:31:45.967 --> 01:31:47.873 corrupt behavior all the way along 01:31:47.969 --> 01:31:50.463 until the beginning of the civilized world. 01:31:50.498 --> 01:31:52.803 That's when all the nations work together. 01:31:53.305 --> 01:31:54.829 World unification, 01:31:54.976 --> 01:31:59.050 working toward common good for all human beings 01:31:59.085 --> 01:32:03.832 and without anyone being subservient to anyone else. 01:32:03.985 --> 01:32:06.590 Without social stratification, 01:32:06.721 --> 01:32:08.644 whether it be technical elitism 01:32:08.723 --> 01:32:10.561 or any other kind of elitism, 01:32:10.792 --> 01:32:13.066 eradicated from the face of the earth. 01:32:13.394 --> 01:32:17.457 The state does nothing because there is no state. 01:32:21.969 --> 01:32:24.017 The system I advocate, 01:32:24.052 --> 01:32:27.772 a resource-based global economy, is not perfect. 01:32:27.975 --> 01:32:30.275 It's just a lot better than what we have. 01:32:30.411 --> 01:32:33.147 We can never achieve perfection. 01:32:50.998 --> 01:32:53.023 The social values of our society, 01:32:53.058 --> 01:32:55.394 which has manifested in perpetual warfare, 01:32:55.469 --> 01:32:56.370 corruption, 01:32:56.370 --> 01:32:57.672 oppressive laws, 01:32:57.672 --> 01:32:58.973 social stratification, 01:32:58.973 --> 01:33:00.975 irrelevant superstitions, 01:33:00.975 --> 01:33:02.790 environmental destruction, 01:33:02.977 --> 01:33:07.659 and a despotic, socially indifferent, profit-oriented ruling class, 01:33:08.549 --> 01:33:11.659 is fundamentally the result of a collective ignorance 01:33:11.719 --> 01:33:15.867 of two of the most basic insights humans can have about reality. 01:33:16.624 --> 01:33:20.515 The emergent and symbiotic aspects of natural law. 01:33:21.829 --> 01:33:23.963 The emergent nature of reality 01:33:23.998 --> 01:33:26.768 is that all systems; whether it is knowledge, 01:33:26.803 --> 01:33:31.651 society, technology, philosophy, or any other creation; 01:33:31.973 --> 01:33:33.615 will, when uninhibited, 01:33:33.808 --> 01:33:36.453 undergo fluid, perpetual change. 01:33:36.978 --> 01:33:39.034 What we consider commonplace today 01:33:39.069 --> 01:33:41.992 such as modern communication and transportation, 01:33:42.383 --> 01:33:45.373 would have been unimaginable in ancient times. 01:33:45.987 --> 01:33:48.905 Likewise, the future will contain technologies, 01:33:48.990 --> 01:33:51.498 realizations and social structures 01:33:51.659 --> 01:33:54.280 that we cannot even fathom in the present. 01:33:54.862 --> 01:33:57.101 We have gone from alchemy to chemistry, 01:33:57.632 --> 01:34:00.561 from a geocentric universe to a heliocentric, 01:34:00.968 --> 01:34:03.778 from believing that demons were the cause of illness 01:34:03.971 --> 01:34:05.297 to modern medicine. 01:34:05.973 --> 01:34:08.673 This development shows no sign of ending, 01:34:08.776 --> 01:34:11.407 and it is this awareness that aligns us 01:34:11.442 --> 01:34:14.003 and leads us on a continuous path 01:34:14.038 --> 01:34:15.823 to growth and progress. 01:34:16.884 --> 01:34:19.929 Static, empirical knowledge does not exist. 01:34:19.987 --> 01:34:24.103 Rather, it is the insight of the emergence of all systems 01:34:24.138 --> 01:34:25.626 we must recognize. 01:34:26.494 --> 01:34:30.315 This means we must be open to new information at all times, 01:34:30.531 --> 01:34:33.100 Even if it threatens our current belief system, 01:34:33.135 --> 01:34:35.038 and hence, identities. 01:34:35.970 --> 01:34:39.544 Sadly, society today has failed to recognize this, 01:34:39.674 --> 01:34:43.174 and the established institutions continue to paralyze growth 01:34:43.211 --> 01:34:46.145 by preserving outdated, social structures. 01:34:46.781 --> 01:34:49.020 Simultaneously, the population suffers 01:34:49.055 --> 01:34:50.541 from a fear of change. 01:34:50.818 --> 01:34:53.880 For their conditioning assumes a static identity 01:34:53.988 --> 01:34:55.945 and challenging one's belief system, 01:34:55.990 --> 01:34:59.127 usually results in insult and apprehension. 01:34:59.494 --> 01:35:03.661 For being wrong is erroneously associated with failure. 01:35:04.999 --> 01:35:08.807 When in fact to be proven wrong should be celebrated. 01:35:08.969 --> 01:35:12.630 For it is elevating someone to a new level of understanding, 01:35:12.773 --> 01:35:14.373 furthering awareness. 01:35:15.209 --> 01:35:19.375 The fact is, there is no such thing as a smart human being, 01:35:19.680 --> 01:35:21.667 for it is merely a matter of time 01:35:21.682 --> 01:35:25.449 before their ideas are updated, changed or irradicated. 01:35:26.687 --> 01:35:30.143 And this tendency to blindly hold on to a belief system, 01:35:30.324 --> 01:35:34.031 sheltering it from new, possibly transforming information 01:35:34.295 --> 01:35:38.340 is nothing less than a form of intellectual materialism. 01:35:39.834 --> 01:35:42.706 The monetary system perpetuates this materialism, 01:35:42.770 --> 01:35:45.404 not only by it's self-preserving structures, 01:35:45.573 --> 01:35:48.182 but also throught the countless number of people 01:35:48.275 --> 01:35:50.211 who have been conditioned into blindly, 01:35:50.211 --> 01:35:52.431 and thoughtlessly, upholding these structures, 01:35:52.580 --> 01:35:57.358 therefore becoming, self-appointed guardians of the status quo. 01:35:57.985 --> 01:36:01.700 Sheep which no longer need a sheepdog to control them. 01:36:01.889 --> 01:36:03.404 For they control each other, 01:36:03.654 --> 01:36:07.078 by ostracizing those who step out of the norm. 01:36:07.995 --> 01:36:09.730 This tendency to resist change 01:36:09.730 --> 01:36:11.738 and uphold existing institutions 01:36:11.773 --> 01:36:14.063 for the sake of identity, comfort, 01:36:14.098 --> 01:36:15.535 power and profit, 01:36:15.670 --> 01:36:17.676 is completely unsustainable. 01:36:17.972 --> 01:36:20.244 And will only produce further imbalance, 01:36:20.508 --> 01:36:21.617 fragmentation, 01:36:21.709 --> 01:36:22.479 distortion, 01:36:22.543 --> 01:36:23.549 and invariably, 01:36:23.778 --> 01:36:24.860 destruction. 01:36:27.315 --> 01:36:29.031 It's time to change. 01:36:30.251 --> 01:36:31.990 From hunters and gatherers, 01:36:32.025 --> 01:36:33.773 to the agricultural revolution, 01:36:33.988 --> 01:36:35.560 to the industrial revolution, 01:36:35.790 --> 01:36:37.109 the pattern is clear. 01:36:37.424 --> 01:36:39.627 It is time for a new social system 01:36:39.894 --> 01:36:42.756 which reflects the understandings we have today. 01:36:43.998 --> 01:36:45.866 The monetary system is a product 01:36:45.866 --> 01:36:46.947 of a period of time, 01:36:46.967 --> 01:36:48.880 where scarcity was a reality. 01:36:49.403 --> 01:36:51.107 Now, with the age of technology, 01:36:51.142 --> 01:36:53.430 it is no longer relevant to society. 01:36:54.074 --> 01:36:57.431 Gone with the aberrant behavior it manifests. 01:36:58.979 --> 01:37:01.301 Likewise, dominant world views, 01:37:01.448 --> 01:37:02.910 such as theistic religion, 01:37:03.010 --> 01:37:05.900 operate with the same social irrelevancy. 01:37:06.787 --> 01:37:11.892 Islam, Christianity, Judaism, Hinduism and all of the others, 01:37:11.992 --> 01:37:15.137 exist as barriers to personal and social growth. 01:37:15.796 --> 01:37:19.601 For each group perpetuates a closed world view. 01:37:19.967 --> 01:37:22.705 And this finite understanding that they acknowledge 01:37:22.970 --> 01:37:26.788 is simply not possible in an emergent universe. 01:37:28.976 --> 01:37:32.613 Yet, religion has succeeded in shutting down the awareness 01:37:32.713 --> 01:37:33.877 of this emergence 01:37:33.981 --> 01:37:37.190 by instilling the psychological distortion of faith 01:37:37.225 --> 01:37:38.831 upon it's followers. 01:37:38.866 --> 01:37:41.516 Where logic and new information is rejected 01:37:41.789 --> 01:37:44.890 in favor of traditionalized, outdated beliefs. 01:37:45.993 --> 01:37:47.647 The concept of God, 01:37:47.995 --> 01:37:52.262 is really a method of accounting for the nature of things. 01:37:52.297 --> 01:37:54.969 In the early days, people didn't know enough 01:37:54.969 --> 01:37:56.941 about how things formed, 01:37:56.971 --> 01:37:58.361 how nature worked. 01:37:58.505 --> 01:38:00.960 So they invented their own little stories, 01:38:01.576 --> 01:38:05.298 and they made God in their own image. 01:38:05.980 --> 01:38:07.767 A guy that gets angry 01:38:07.982 --> 01:38:10.043 when people don't behave right. 01:38:10.078 --> 01:38:12.522 He creates floods and earthquakes 01:38:12.987 --> 01:38:15.026 and they say it's an act of God. 01:38:16.791 --> 01:38:19.393 A cursory glance at the suppressed history of religion 01:38:19.493 --> 01:38:22.616 reveals that even the foundational myths themselves 01:38:22.697 --> 01:38:27.072 are emergent culminations developed through influence over time. 01:38:27.107 --> 01:38:30.346 For example, a cardinal doctrine of the Christian faith 01:38:30.371 --> 01:38:32.670 is the death and resurrection of Christ. 01:38:32.973 --> 01:38:36.431 This notion is so important that the Bible itself states 01:38:36.877 --> 01:38:38.659 "And if Christ be not risen, 01:38:38.710 --> 01:38:42.675 then is our preaching vain and your faith is also vain." 01:38:44.618 --> 01:38:47.546 Yet it is very difficult to take this account literally. 01:38:47.688 --> 01:38:50.004 For not only is there no primary source 01:38:50.039 --> 01:38:53.137 denoting this supernatural event in secular history, 01:38:53.627 --> 01:38:56.978 awareness of the enormous number of pre-Christian saviors 01:38:56.997 --> 01:38:59.459 who also died and were resurrected 01:38:59.667 --> 01:39:03.961 immediately puts this story in mythological territory by association. 01:39:04.772 --> 01:39:06.167 Early church figures, 01:39:06.202 --> 01:39:06.974 such as Tortullian, 01:39:06.974 --> 01:39:10.246 went to great lengths to break these associations, 01:39:10.377 --> 01:39:14.675 even claiming that the Devil caused the similarities to occur. 01:39:14.882 --> 01:39:16.551 Stating in the second century: 01:39:16.684 --> 01:39:19.298 "The devil, whose business is to pervert the truth, 01:39:19.486 --> 01:39:22.772 mimics the exact circumstance of the Divine Sacraments. 01:39:22.990 --> 01:39:26.774 He baptizes his believers and promises forgiveness of sins... 01:39:26.794 --> 01:39:28.924 He celebrates the oblation of bread, 01:39:29.005 --> 01:39:31.402 and brings in the symbol of the resurrection. 01:39:31.999 --> 01:39:35.102 Let us therefore acknowledge the craftiness of the Devil, 01:39:35.202 --> 01:39:38.623 who copied certain things of those that be Divine." 01:39:39.974 --> 01:39:41.730 What is truly sad, however, 01:39:41.775 --> 01:39:45.152 is that when we cease the idea that the stories from Christianity, 01:39:45.187 --> 01:39:48.061 Judaism, Islam and all the others 01:39:48.096 --> 01:39:49.933 are literal history, 01:39:50.284 --> 01:39:52.419 and accept them for what they really are, 01:39:52.459 --> 01:39:55.310 which are purely allegorical expressions, 01:39:55.345 --> 01:39:57.278 derived from many faiths, 01:39:57.992 --> 01:40:00.509 we see that all religions share a common thread. 01:40:01.120 --> 01:40:03.621 And it is this unifying imperative 01:40:03.698 --> 01:40:06.176 that needs to be recognized and appreciated. 01:40:08.602 --> 01:40:11.761 Religious belief has caused more fragmentation and conflict 01:40:11.972 --> 01:40:13.745 than any other ideology. 01:40:14.074 --> 01:40:18.373 Christianity alone has 34,000 different subgroups. 01:40:19.980 --> 01:40:23.005 The Bible is subject to interpretation. 01:40:23.040 --> 01:40:24.885 When you read it, you say, 01:40:24.985 --> 01:40:28.777 "I think Jesus meant this. I think Job meant that." 01:40:28.789 --> 01:40:30.628 "Oh no! He meant this." 01:40:30.791 --> 01:40:34.398 So you have the Lutheran, the Seventh-Day Adventist, the Catholic, 01:40:34.895 --> 01:40:38.197 and a church divided is no church at all. 01:40:44.972 --> 01:40:47.435 And this point on division, 01:40:47.474 --> 01:40:50.784 which is a trademark of all theistic religions, 01:40:50.978 --> 01:40:53.885 brings us to our second failure of awareness. 01:40:53.981 --> 01:40:56.064 The false assumption of separation 01:40:56.099 --> 01:41:00.890 through the rejection of the symbiotic relationship of life. 01:41:01.989 --> 01:41:05.978 Apart from the understanding that all natural systems are emergent, 01:41:05.993 --> 01:41:09.163 where all notions of reality will be constantly developed, 01:41:09.198 --> 01:41:11.397 altered and even eradicated, 01:41:11.899 --> 01:41:15.869 we must also understand that all systems are, in fact, 01:41:15.969 --> 01:41:19.752 invented fragments, merely for the sake of conversation. 01:41:20.374 --> 01:41:24.021 For there is no such thing as independence in nature. 01:41:24.545 --> 01:41:26.937 The whole of nature is a unified system 01:41:26.987 --> 01:41:28.842 of interdependent variables, 01:41:29.283 --> 01:41:34.388 each a cause and a reaction, existing only as a concentrated whole. 01:41:35.989 --> 01:41:39.122 You don't see the plug to connect to the environment, 01:41:39.157 --> 01:41:42.563 so it looks like we're free, wandering around. 01:41:42.663 --> 01:41:45.527 Take the oxygen away, we all die immediately. 01:41:45.532 --> 01:41:47.824 Take plant life away, we die. 01:41:47.868 --> 01:41:50.627 And without the sun, all the plants die. 01:41:50.709 --> 01:41:52.204 So we are connected. 01:41:52.539 --> 01:41:55.500 We really must take into account the totality. 01:41:55.535 --> 01:41:57.978 This isn't just a human experience on this planet, 01:41:57.978 --> 01:41:59.414 this is a total experience. 01:41:59.449 --> 01:42:01.515 And we know we can't survive without plants and animals. 01:42:01.550 --> 01:42:04.376 We know we can't survive without the four elements, you know? 01:42:04.585 --> 01:42:08.314 And so, when are we gonna really start taking that into account? 01:42:08.655 --> 01:42:10.458 That's what it is to be successful. 01:42:10.491 --> 01:42:14.421 Success depends on how well we're related to everything around us. 01:42:15.696 --> 01:42:17.901 I'm very aware of the fact that my grandson 01:42:17.936 --> 01:42:19.392 cannot possibly hope 01:42:19.767 --> 01:42:21.787 to inherit a sustainable, 01:42:21.837 --> 01:42:24.192 peaceful, stable, socially just world 01:42:24.227 --> 01:42:26.428 unless every child today growing up 01:42:26.463 --> 01:42:30.878 in Ethiopia, in Indonesia, in Bolivia, in Palestine, in Israel, 01:42:30.978 --> 01:42:33.294 also has that same expectation. 01:42:33.981 --> 01:42:35.870 You gotta take care of the whole community 01:42:36.105 --> 01:42:38.346 or you're gonna have serious problems. 01:42:38.686 --> 01:42:42.454 And now we have to see that the whole world is the community. 01:42:42.690 --> 01:42:45.874 And we must all take care of each other that way. 01:42:45.993 --> 01:42:47.995 And it's not just a community of human beings, 01:42:48.030 --> 01:42:51.149 it's a community of plants and animals and elements. 01:42:51.184 --> 01:42:53.918 And we really need to understand that. 01:42:54.067 --> 01:42:55.969 That's what's gonna bring us joy too, 01:42:55.969 --> 01:42:56.671 and pleasure. 01:42:56.970 --> 01:42:58.826 That's what's missing in our lives right now. 01:42:58.972 --> 01:43:00.632 We can call it spirituality, 01:43:00.974 --> 01:43:02.278 but the fact of the matter is... 01:43:02.443 --> 01:43:06.497 Joy comes from that bliss of connectedness. 01:43:06.513 --> 01:43:07.822 That's our godspirit. 01:43:07.863 --> 01:43:09.591 That's that side of ourselves 01:43:09.616 --> 01:43:11.518 that really feels it, 01:43:11.518 --> 01:43:13.222 and you can feel it deep inside you. 01:43:13.383 --> 01:43:15.060 It's this amazing, wonderful feeling 01:43:15.100 --> 01:43:16.343 and you know it when you get it. 01:43:16.378 --> 01:43:17.599 You don't get it from money, 01:43:17.991 --> 01:43:19.729 you get it from connection. 01:43:21.995 --> 01:43:24.745 Now if that isn't a hazard to this country. 01:43:26.600 --> 01:43:28.735 How are we gonna keep building nuclear weapons, 01:43:28.735 --> 01:43:29.873 you know what I mean? 01:43:30.871 --> 01:43:33.170 What's gonna happen to the arms industry 01:43:33.205 --> 01:43:35.333 when we realize we're all one? 01:43:36.310 --> 01:43:38.136 It's gonna fuck up the economy. 01:43:38.745 --> 01:43:40.914 The economy that's fake anyway. 01:43:49.423 --> 01:43:50.736 Which would be a real bummer. 01:43:51.692 --> 01:43:54.142 You can see why the government's crackin' down... 01:43:56.997 --> 01:43:59.837 on the idea of experiencing unconditional love. 01:44:10.978 --> 01:44:14.982 Once we understand that the integrity of our personal existences 01:44:14.982 --> 01:44:16.684 are completely dependent 01:44:16.784 --> 01:44:19.989 on the integrity of everything else in our world, 01:44:20.024 --> 01:44:24.063 we have truly understood the meaning of unconditional love. 01:44:24.692 --> 01:44:28.780 For love is extensionality, and seeing everything as you 01:44:28.896 --> 01:44:32.309 and you as everything can have no conditionalities, 01:44:32.466 --> 01:44:36.249 for in fact, we are all everything, at once. 01:44:36.303 --> 01:44:38.972 If it's true that we're all from the center of a star, 01:44:38.972 --> 01:44:40.838 every atom on each of us from the center of a star, 01:44:40.873 --> 01:44:42.708 then we're all the same thing. 01:44:42.748 --> 01:44:43.707 Even a Coke machine 01:44:43.757 --> 01:44:45.979 or a cigarette butt in the street in Buffalo 01:44:46.014 --> 01:44:47.781 is made out of atoms that came from a star. 01:44:47.816 --> 01:44:49.716 They've all been recycled thousands of times, 01:44:49.716 --> 01:44:50.854 as have you and I. 01:44:50.984 --> 01:44:54.185 And therefore, it's only me out there. 01:44:54.554 --> 01:44:56.107 So what is there to be afraid of? 01:44:56.142 --> 01:44:58.258 What is there that needs solace seeking? 01:44:58.258 --> 01:44:58.706 Nothing. 01:44:58.746 --> 01:45:01.448 There's nothing to be afraid of because it's all us. 01:45:01.695 --> 01:45:04.733 The trouble is we have been separated by being born 01:45:04.768 --> 01:45:07.267 and given a name and an identity and being individuated. 01:45:07.302 --> 01:45:08.791 We've been separated from the oneness, 01:45:08.826 --> 01:45:09.970 and that's what religion exploits. 01:45:09.970 --> 01:45:14.027 That people have this yearning to be part of the overall one again. 01:45:14.062 --> 01:45:15.094 So they exploit that. 01:45:15.129 --> 01:45:17.223 They call it God, they say he has rules, 01:45:17.577 --> 01:45:18.889 and I think it's cruel. 01:45:19.079 --> 01:45:21.512 I think you can do it absent religion. 01:46:09.429 --> 01:46:11.354 It's time to claim the unity. 01:46:11.465 --> 01:46:14.407 Our outmoded social systems have broken apart, 01:46:14.768 --> 01:46:17.656 and work together to create a sustainable, 01:46:17.671 --> 01:46:20.666 global society, where everyone is taken care of 01:46:20.741 --> 01:46:22.767 and everyone is truly free. 01:46:23.343 --> 01:46:25.645 Your personal beliefs, whatever they may be, 01:46:25.696 --> 01:46:29.304 are meaningless when it comes to the necessities of life. 01:46:29.449 --> 01:46:31.591 Every human being is born naked, 01:46:31.651 --> 01:46:34.971 needing warmth, food, water, shelter. 01:46:34.988 --> 01:46:36.973 Everything else is auxiliary. 01:46:37.311 --> 01:46:39.739 Therefore, the most important issue at hand 01:46:39.893 --> 01:46:43.385 is the intelligent management of the Earth's resources. 01:46:43.897 --> 01:46:46.575 This can never be accomplished in a monetary system, 01:46:46.767 --> 01:46:50.034 for the pursuit of profit is the pursuit of self-interest 01:46:50.069 --> 01:46:52.432 and therefore, imbalance is inherent. 01:46:53.974 --> 01:46:56.937 Simultaneously, politicians are useless. 01:46:56.977 --> 01:47:01.493 For our true problems in life are technical, not political. 01:47:01.982 --> 01:47:04.979 Furthermore, ideologies that separate humanity, 01:47:05.014 --> 01:47:06.029 such as religion, 01:47:06.064 --> 01:47:08.479 need strong reflection in the community 01:47:08.555 --> 01:47:12.305 in regard to it's value, purpose and social relevancy. 01:47:12.993 --> 01:47:14.409 Hopefully, through time, 01:47:14.444 --> 01:47:18.007 religion will loose it's materialism and basis in superstition 01:47:18.042 --> 01:47:21.154 and move into the useful field of philosophy. 01:47:21.535 --> 01:47:24.515 The fact is, society today is backwards, 01:47:24.638 --> 01:47:28.566 with politicians constantly talking about protection and security 01:47:28.742 --> 01:47:31.988 rather than creation, unity and progress. 01:47:32.712 --> 01:47:34.460 The US alone now spends about 01:47:34.510 --> 01:47:37.592 $500 billions dollars annually on defense. 01:47:37.784 --> 01:47:40.353 That is enough to send every high school senior 01:47:40.388 --> 01:47:42.559 in America to a four year college. 01:47:43.490 --> 01:47:45.946 In the 1940's, the Manhattan Project 01:47:45.992 --> 01:47:49.064 produced the first true weapon of mass destruction. 01:47:49.496 --> 01:47:55.342 This program employed 130,000 people, at an extreme financial cost. 01:47:55.769 --> 01:47:58.038 Imagine what our life would be like today, 01:47:58.073 --> 01:47:59.839 if that group of scientists, 01:47:59.973 --> 01:48:02.774 instead of working on a way of killing people, 01:48:02.976 --> 01:48:07.232 worked on a way to create a self-sustaining, abundant world. 01:48:07.747 --> 01:48:10.138 Life today would be very, very different, 01:48:10.173 --> 01:48:11.680 if that was their goal. 01:48:13.987 --> 01:48:16.210 Instead of weapons of mass destruction, 01:48:16.456 --> 01:48:20.264 it is time to unleash something much more powerful. 01:48:20.994 --> 01:48:23.580 Weapons of Mass Creation. 01:48:25.201 --> 01:48:27.967 Our true divinity is in our ability to create. 01:48:28.301 --> 01:48:32.274 And armed with the understanding of the symbiotic connections of life, 01:48:32.539 --> 01:48:36.128 while being guided by the emergent nature of reality, 01:48:36.376 --> 01:48:39.349 there is nothing we cannot do or accomplish. 01:48:41.248 --> 01:48:43.932 Of course, we face strong barriers, 01:48:43.984 --> 01:48:46.354 in the form of established power structures, 01:48:46.389 --> 01:48:48.249 that refuse to change. 01:48:48.789 --> 01:48:51.430 At the heart of these structures is the monetary system. 01:48:51.625 --> 01:48:54.191 As explained earlier, the fractional reserve policy 01:48:54.326 --> 01:48:56.432 is a form of slavery through debt, 01:48:56.474 --> 01:49:00.408 where it is literally impossible for society to be free. 01:49:00.767 --> 01:49:04.013 In turn, free market capitalism, in the form of free trade, 01:49:04.048 --> 01:49:07.374 uses debt to imprison the world and manipulate countries 01:49:07.474 --> 01:49:11.678 into subservience to a handful of large business and political powers. 01:49:11.978 --> 01:49:14.347 Apart from these obvious amoralities, 01:49:14.382 --> 01:49:17.016 the system itself is based on competition, 01:49:17.051 --> 01:49:19.661 which immediately destroys the possibility 01:49:19.686 --> 01:49:22.893 of large scale collaborations for the common good. 01:49:22.989 --> 01:49:27.967 Hence paralyzing any attempt at true global sustainability. 01:49:28.995 --> 01:49:32.950 These financial and corporate structures are now obsolete, 01:49:32.999 --> 01:49:34.955 and they must be outgrown. 01:49:36.336 --> 01:49:38.134 Of course, we cannot be naive enough to think 01:49:38.169 --> 01:49:41.228 that the business and financial elite are going to subscribe to this idea, 01:49:41.374 --> 01:49:43.290 for they will lose power and control. 01:49:43.543 --> 01:49:47.026 Therefore, peacefully, a highly strategic action must be taken. 01:49:47.981 --> 01:49:50.607 The most powerful course of action is simple. 01:49:50.984 --> 01:49:53.407 We have to alter our behavior to force 01:49:53.442 --> 01:49:56.522 the power structure to the will of the people. 01:49:57.657 --> 01:50:00.305 We must stop supporting the system. 01:50:01.828 --> 01:50:03.997 The only way the establishment will change 01:50:04.032 --> 01:50:06.212 is by our refusal to participate 01:50:06.247 --> 01:50:10.554 while continuously acknowledging its endless flaws and corruptions. 01:50:10.971 --> 01:50:14.085 They're not gonna give up the monetary system, 01:50:14.120 --> 01:50:17.759 because of our designs of what we've recommend. 01:50:17.911 --> 01:50:19.641 The system has to fail, 01:50:19.780 --> 01:50:24.425 and people have to lose confidence in their elected leaders. 01:50:24.685 --> 01:50:27.035 That will be a major turning point 01:50:27.070 --> 01:50:32.002 if The Venus Project is offered as a possible alternative. 01:50:32.037 --> 01:50:34.708 If not, I fear the consequences. 01:50:34.995 --> 01:50:39.996 The trends now indicate that our country is going bankrupt. 01:50:40.031 --> 01:50:45.439 The probability is our country will move toward a military dictatorship 01:50:45.672 --> 01:50:49.648 to prevent riots and complete social breakdown. 01:50:49.976 --> 01:50:51.540 Once the US breaks down, 01:50:51.745 --> 01:50:54.598 all the other cultures will undergo similar things. 01:50:55.982 --> 01:50:58.259 As of now, the world financial system 01:50:58.294 --> 01:50:59.880 is on the brink of collapse 01:50:59.915 --> 01:51:01.851 due to it's own shortcomings. 01:51:01.988 --> 01:51:04.991 The Controller of Currencies stated in 2003 01:51:05.026 --> 01:51:07.394 that the interest on the US National Debt 01:51:07.429 --> 01:51:10.410 will not be affordable in less than ten years. 01:51:10.797 --> 01:51:14.262 This theoretically means total bankruptcy for the US economy 01:51:14.468 --> 01:51:17.048 and it's implications for the world are immense. 01:51:17.470 --> 01:51:20.008 In turn, the fractional reserve-based monetary system 01:51:20.043 --> 01:51:23.007 is reaching it's theoretical limits of expansion 01:51:23.042 --> 01:51:26.659 and the banking failures you are seeing are just the beginning. 01:51:26.980 --> 01:51:29.467 This is why inflation is skyrocketing, 01:51:29.749 --> 01:51:31.518 our debt is at record levels 01:51:31.618 --> 01:51:34.187 and the government and FED are hemorrhaging new money 01:51:34.287 --> 01:51:36.084 to bailout the corrupt system. 01:51:36.489 --> 01:51:38.458 For the only way to keep the banks going 01:51:38.493 --> 01:51:40.015 is by making more money. 01:51:40.050 --> 01:51:41.895 The only way to make more money 01:51:41.995 --> 01:51:44.298 is to create more debt and inflation. 01:51:44.431 --> 01:51:47.459 It is simply a matter of time before the tables turn 01:51:47.634 --> 01:51:50.238 and there's no one willing to take new loans 01:51:50.273 --> 01:51:54.554 while defaults grow as people are unable to afford their current loans. 01:51:54.808 --> 01:51:56.921 Then the expansion of money will stop 01:51:56.976 --> 01:52:00.713 and contraction will begin on a scale never before seen, 01:52:00.814 --> 01:52:04.099 ending a century long pyramid scheme. 01:52:04.417 --> 01:52:06.236 This has already begun. 01:52:07.287 --> 01:52:11.082 Therefore, we need to expose this financial failure for what it is, 01:52:11.117 --> 01:52:13.468 using this weakness to our advantage. 01:52:13.793 --> 01:52:15.558 Here are some suggestions: 01:52:15.895 --> 01:52:17.709 Expose the banking fraud. 01:52:17.997 --> 01:52:21.478 Citibank, JP Morgan Chase and Bank of America 01:52:21.513 --> 01:52:23.332 are the most powerful controllers 01:52:23.375 --> 01:52:26.029 within the corrupt Federal Reserve system. 01:52:26.064 --> 01:52:29.124 It's time to boycott these institutions. 01:52:29.576 --> 01:52:32.588 If you have a bank account or credit card with any of them, 01:52:32.846 --> 01:52:34.807 move your money to another bank. 01:52:34.981 --> 01:52:38.232 If you have a mortgage, refinance with another bank. 01:52:38.518 --> 01:52:40.621 If you own their stock, sell it. 01:52:40.887 --> 01:52:42.514 If you work for them, quit. 01:52:42.689 --> 01:52:44.791 This gesture will express contempt 01:52:44.826 --> 01:52:47.912 for the true powers behind the private banking cartel, 01:52:47.994 --> 01:52:49.903 known as the Federal Reserve. 01:52:49.996 --> 01:52:54.331 And create awareness about the fraud of the banking system itself. 01:52:54.567 --> 01:52:56.927 Two: Turn off the TV news. 01:52:56.970 --> 01:52:59.864 Visit the emerging, independent news agencies 01:52:59.899 --> 01:53:01.966 on the Internet for your information. 01:53:01.975 --> 01:53:06.498 CNN, NBC, ABC, FOX and all the others 01:53:06.546 --> 01:53:10.997 present all news pre-filtered to maintain the status quo. 01:53:11.032 --> 01:53:14.609 With four corporations owning all major media outlets, 01:53:14.721 --> 01:53:17.181 objective information is impossible. 01:53:17.216 --> 01:53:19.625 This is the true beauty of the Internet. 01:53:19.693 --> 01:53:21.895 And the establishment has been losing control 01:53:21.930 --> 01:53:24.208 because of this free flow of information. 01:53:24.631 --> 01:53:27.001 We must protect the Internet, at all times, 01:53:27.036 --> 01:53:29.737 as it is truly our savior right now. 01:53:30.770 --> 01:53:31.528 Three: 01:53:31.871 --> 01:53:34.140 Don't ever allow yourself, 01:53:34.175 --> 01:53:37.278 your family or anyone you know, 01:53:37.313 --> 01:53:40.601 to ever join the military. 01:53:41.180 --> 01:53:43.573 This is an obsolete institution 01:53:43.683 --> 01:53:47.069 now used exclusively for maintaining an establishment 01:53:47.104 --> 01:53:48.690 that is no longer relevant. 01:53:48.988 --> 01:53:52.212 US soldiers in Iraq work for US corporations, 01:53:52.247 --> 01:53:53.207 not the people. 01:53:53.426 --> 01:53:56.583 Propaganda forces us to believe that war is natural 01:53:56.730 --> 01:53:59.019 and the military is an honorable institution. 01:53:59.632 --> 01:54:00.956 Well if war is natural, 01:54:00.967 --> 01:54:04.149 why are there 18 suicides every single day 01:54:04.184 --> 01:54:05.605 by American veterans 01:54:05.640 --> 01:54:07.732 who have post-traumatic stress disorder? 01:54:08.575 --> 01:54:11.304 If our military men and women are so honored, 01:54:11.411 --> 01:54:15.214 why is it that 25% of the American homeless population 01:54:15.249 --> 01:54:16.356 are veterans? 01:54:18.004 --> 01:54:18.907 Four: 01:54:18.985 --> 01:54:21.312 Stop supporting the energy companies. 01:54:21.454 --> 01:54:23.168 If you live in a detached house, 01:54:23.289 --> 01:54:24.578 get off the grid. 01:54:24.757 --> 01:54:28.208 Investigate every means of making your home self-sustainable 01:54:28.243 --> 01:54:29.648 with clean energy. 01:54:29.896 --> 01:54:32.600 Solar, wind and other renewable energies 01:54:32.635 --> 01:54:35.155 are now affordable consumer realities, 01:54:35.335 --> 01:54:38.909 and considering the never-ending rising costs of traditional energies, 01:54:38.972 --> 01:54:42.123 it will likely be a cheaper investment over time. 01:54:42.275 --> 01:54:45.009 If you drive, get the smallest car you can 01:54:45.044 --> 01:54:48.279 and consider using one of the many conversion technologies 01:54:48.314 --> 01:54:50.620 that can enable your car to be a hybrid, 01:54:50.655 --> 01:54:54.768 electric or run on anything other than establishment fuels. 01:54:54.988 --> 01:54:56.037 Five: 01:54:56.072 --> 01:54:57.870 Reject the political system. 01:54:58.357 --> 01:55:01.897 The illusion of democracy is an insult to our intelligence. 01:55:01.995 --> 01:55:03.169 In a monetary system, 01:55:03.204 --> 01:55:05.749 there is no such thing as a true democracy, 01:55:05.799 --> 01:55:07.137 and there never was. 01:55:07.767 --> 01:55:09.394 We have two political parties 01:55:09.444 --> 01:55:12.592 owned by the same set of corporate lobbyists. 01:55:12.972 --> 01:55:15.863 They are placed in their positions by the corporations, 01:55:15.875 --> 01:55:19.393 with popularity artificially projected by their media. 01:55:19.779 --> 01:55:21.948 In a system of inherent corruption, 01:55:21.981 --> 01:55:24.244 the change of personnel every couple of years 01:55:24.284 --> 01:55:26.161 has very little relevance. 01:55:26.519 --> 01:55:29.820 Instead of pretending that the political game has any true meaning, 01:55:29.989 --> 01:55:33.941 focus your energy on how to transcend this failed system. 01:55:35.995 --> 01:55:37.081 And six: 01:55:37.116 --> 01:55:38.417 Join the movement. 01:55:38.998 --> 01:55:41.440 Go to TheZeitgeistMovement.com 01:55:41.475 --> 01:55:44.905 and help us create the largest mass movement for social change 01:55:44.971 --> 01:55:46.815 the world has ever seen. 01:55:46.973 --> 01:55:49.609 We must mobilize and educate everyone 01:55:49.644 --> 01:55:52.801 about the inherent corruption of our current world system, 01:55:52.979 --> 01:55:56.013 along with the only true sustainable solution, 01:55:56.516 --> 01:55:59.302 declaring all the natural resources on the planet 01:55:59.485 --> 01:56:02.038 as common heritage to all people, 01:56:02.588 --> 01:56:06.214 while informing everyone as to the true state of technology 01:56:06.392 --> 01:56:08.106 and how we can all be free 01:56:08.148 --> 01:56:11.354 if the world works together, rather than fights. 01:56:12.665 --> 01:56:14.099 The choice lies with you. 01:56:14.334 --> 01:56:17.070 You can continue to be a slave to the financial system 01:56:17.170 --> 01:56:18.884 and watch the continuous wars, 01:56:18.947 --> 01:56:21.767 depressions and injustice across the globe 01:56:21.802 --> 01:56:24.747 while placating yourself with vain entertainment 01:56:24.778 --> 01:56:26.397 and materialistic garbage. 01:56:26.980 --> 01:56:32.030 Or, you can focus your energy on true, meaningful, lasting, holistic change 01:56:32.065 --> 01:56:35.706 which actually has the realistic ability to support 01:56:35.741 --> 01:56:39.337 and free all humans with no one left behind. 01:56:40.760 --> 01:56:44.132 But in the end, the most relevant change 01:56:44.263 --> 01:56:46.901 must occur first inside of you. 01:56:47.534 --> 01:56:51.760 The real revolution is the revolution of consciousness, 01:56:51.971 --> 01:56:55.245 and each one of us first needs to eliminate 01:56:55.408 --> 01:56:57.989 the divisionary, materialistic noise 01:56:58.024 --> 01:57:01.274 we have been conditioned to think is true; 01:57:01.647 --> 01:57:04.616 while discovering, amplifying and aligning 01:57:04.784 --> 01:57:09.904 with the signal coming from our true empirical oneness. 01:57:11.658 --> 01:57:12.941 It is up to you. 01:57:15.595 --> 01:57:20.068 What we are trying in all these discussions and talks here, 01:57:20.767 --> 01:57:26.413 is to see if we cannot radically bring about a transformism of the mind. 01:57:28.274 --> 01:57:30.473 Not accept things as they are... 01:57:33.813 --> 01:57:36.983 but to understand it, to go into it, to examine it, 01:57:37.018 --> 01:57:40.051 give your heart and your mind with every thing 01:57:40.086 --> 01:57:41.730 that you have to find out. 01:57:41.765 --> 01:57:43.845 A way of living differently. 01:57:48.895 --> 01:57:52.500 But, that depends on you and not somebody else. 01:57:53.766 --> 01:57:55.619 Because in this, there is no teacher, 01:57:55.868 --> 01:57:57.058 no pupil. 01:57:57.770 --> 01:57:58.968 There's no leader, 01:58:00.339 --> 01:58:01.588 there's no guru, 01:58:01.974 --> 01:58:03.852 there's no master, no savior. 01:58:03.876 --> 01:58:06.398 You yourself are the teacher and the pupil, 01:58:06.433 --> 01:58:09.336 you're the master, you're the guru, you are the leader... 01:58:09.649 --> 01:58:11.310 You are everything! 01:58:12.618 --> 01:58:13.324 And, 01:58:15.288 --> 01:58:16.617 to understand... 01:58:17.390 --> 01:58:19.552 is to transform what is. 02:01:48.028 --> 02:01:58.095 Final Edits By: VeRdiKT [SubScene.com] 02:02:49.972 --> 02:02:59.023 Dedicated to: The Zeitgeist Movement. 02:03:02.798 --> 02:03:06.886 Join TheZeitgeistMovement.com and change the world today! 02:03:08.000 --> 02:03:13.000 Best watched using Open Subtitles MKV Player