Zeitgeist: Addendum (2008) Movie Script

The old appeals to racial,

sexual or religious chauvinism,

to rabid nationalist fervor

are beginning not to work.

the business of who I am and whether

I'm good or bad, or achieving or not,

All that's learned

along the way.

It's just a ride...

And we can change it

anytime we want.

It's only the choice.

No effort, no work, no job,

no savings of money.

I realised

I had the game wrong.

The game was to find out

what I already was.

We were seeing

how very important it is

to bring about,

in the human mind,

the radical revolution.

The crisis

is a crisis in consciousness.

A crisis that cannot,

anymore,

accept the old norms,

the old patterns,

the ancient traditions.

And, considering

what the world is now,

with all the misery,

conflict,

destructive brutality,

aggression,

and so on...

Man...

is still as he was.

Is still brutal,

violent,

aggressive,

acquisitive,

competitive.

and, he's built

a society

along these lines.

Society today,

is composed of

a series of institutions.

From political institutions,

legal institutions,

religious institutions.

to institutions of social class,

familiar values,

and occupational specialization.

It is obvious, the profound influence

these traditionalized structures have

in shaping our understandings

and perspectives.

Yet, of all the social institutions,

we are born into,

directed by

and conditioned upon,

there seems to be no system

as taken for granted,

and misunderstood,

as the monetary system.

Taking on

nearly religious proportions,

the established monetary

institution exists

as one of the most unquestioned

forms of faith there is.

How money is created,

the policies

by which it is governed,

and how it truly

affects society,

are unregistered interests of

the great majority of the population.

In a world where 1% of the population

owns 40% of the planets wealth.

In a world where

34,000 children die every single day

from poverty

and preventable diseases,

and, where 50% of the world's population

lives on less than 2 dollars a day...

One thing is clear.

Something is very wrong.

And, whether we are

aware of it or not,

the lifeblood of all of our

established institutions,

and thus society itself,

is money.

Therefore, understanding this

institution of monetary policy

is critical to understanding

why our lives are the way they are.

Unfortunately, economics is often

viewed with confusion and boredom.

Endless streams of financial jargon,

coupled with intimidating mathematics,

quickly deters people

from attempts at understanding it.

However, the fact is:

The complexity associated with the

financial system is a mere mask.

Designed to conceal one of the

most socially paralyzing structures,

humanity

has ever endured.

A number of years ago,

the central bank of the United States,

the Federal Reserve,

produced a document entitled

Modern Money Mechanics.

This publication

detailed the

institutionalized

practice of money creation,

as utilized by

the Federal Reserve and

the web of global commercial banks

it supports.

On the opening page,

the document states its objective.

The purpose

of this booklet is to

describe the basic process

of money creation

in a 'fractional reserve'

banking system.

It then precedes to describe

this fractional reserve process

through various

banking terminology.

A translation of which

goes something like this:

The United States government

decides it needs some money.

So it calls up the Federal Reserve

and requests,

say,

10 billion dollars.

The FED replies,

saying:

Sure, we'll buy ten billion

in government bonds from you.

So the government takes

some pieces of paper,

paints some

official looking designs on them

and calls them

treasury bonds.

Then it puts a value on these bonds

to the sum of 10 billion dollars

and sends them over

to the FED.

In turn,

the people of the FED

drop a bunch of impressive

pieces of papers themselves.

Only this time,

calling them Federal Reserve notes.

Also designating a value of

ten billion dollars to the set.

The FED than takes these notes

and trades them for the bonds.

Once this exchange

is complete,

the government then takes the

ten billion in Federal Reserve notes,

and deposits it

into an bank account.

And, upon this deposit, the paper notes

officially become legal tender money,

adding ten billion

to the US money supply.

And there it is, ten billion

in new money has been created.

Of course,

this example is a generalization.

For, in reality, this transaction

would occur electronically,

with no paper

used at all.

In fact, only three percent

of the US money supply

exists in

physical currency.

The other 97 percent essentially

exists in computers alone.

Now, government bonds are by design,

instruments of debt.

And when the FED

purchases these bonds,

with money it essentially

created out of thin air,

the government is actually

promising to pay back

that money to the FED.

In other words, the money

was created out of debt.

This mind numbing paradox,

of how money or value

can be created

out of debt,

or liability, will become more

clear as we further this exercise.

So, the exchange

has been made.

And now, ten billion dollars

sits in a commercial bank account.

Here is where it gets

really interesting.

For, as based on the

fractional reserve practice,

that ten billion dollar

deposit

instantly becomes

part of the bank's reserves,

just as all deposits do.

And, regarding reserve requirements

as stated in Modern Money Mechanics:

A bank must maintain

legally required reserves

equal to a prescribed

percentage of its deposits.

It then quantifies this

by stating:

Under current regulations,

the reserve requirement against most

transaction accounts is 10 percent.

This means that with a

ten billion dollar deposit,

ten percent,

or one billion,

is held as

the required reserve,

while the other nine billion is

considered an excessive reserve,

and can be used

as the basis

for new loans.

Now, it is logical to assume,

that this nine billion

is literally coming out of the

existing ten billion dollar deposit.

However, this is actually

not the case.

What really happens,

is that the nine billion

is simply created

out of thin air

on top of the existing

10 billion dollar deposit.

This is how the money supply

is expanded.

As stated in

Modern Money Mechanics:

Of course they,

the banks,

do not really pay out

loans for the money

they receive as

deposits.

If they did this,

no additional money would be created.

What they do

when they make loans

is to accept

promissory notes,

loan contracts,

in exchange for credits,

money,

to the borrowers'

transaction accounts.

In other words, the nine billion

can be created out of nothing,

simply because there is

a demand for such a loan,

and that there is

a 10 billion dollar deposit

to satisfy

the reserve requirements.

Now let's assume that

somebody walks into this bank

and borrows the newly available

nine billion dollars.

They will then most likely

take that money and deposit it

into their own bank account.

The process then repeats.

For that deposit becomes

part of the bank's reserves.

Ten percent is isolated, and in turn,

90 percent of the nine billion,

or 8.1 billion is now availlable as

newly created money for more loans.

And, of course, that 8.1 can be

loaned out and redeposited,

creating an additional

7.2 billion

to 6.5 billion,

to 5.9 billion, etc.

This deposit money creation loan cycle

can technically go on to infinity.

The average mathematical result

is that about 90 billion dollars

can be created on top

of the original 10 billion.

In other words, for every deposit

that ever occurs in the banking system,

about nine times that amount

can be created out of thin air.

Money jitters.

Ask the obliging Bank of America

for a jar of

soothing instant money.

M-O-N-E-Y in the form of

a convenient personal loan.

So, now that we understand

how money is created

by this fractional reserve

banking system.

A logical, yet illusive question

might come to mind:

What is actually giving this

newly created money value?

The answer:

The money that already exists.

The new money essentially steals value

from the existing money supply.

For the total pool of money

is being increased,

irrespective to demand

for goods and services.

And, as supply and demand

defines equilibrium,

Prices rise,

diminishing the purchasing power

of each individual dollar.

This is generally referred to

as inflation.

And inflation is essentially

a hidden tax on the public.

What is the advice

that you generally get?

And that is,

inflate the currency.

They don't say: debase the currency.

They don't say: devalue the currency.

They don't say:

Cheat the people who are safe.

They say:

Lower the interest rates.

The real deception is when

we distort the value of money.

When we create money out of thin air,

we have no savings.

Yet there is

so-called capital.

So, my question

boils down to this:

How in the world can we expect

to solve the problems of inflation?

That is,

increase in the supply of money,

with more inflation.

Of course, it can't.

The fractional reserve system

of monetary expansion

is inherently inflationary.

For the act of

expanding the money supply,

without there being

a proportional expansion of goods

and services in the economy,

will always

debase a currency.

In fact, the quick glance

of the historical values

of the US dollar,

versus the money supply,

reflects this point

definitively,

for the inverse relationship

is obvious.

One dollar in 1913 required

$21.60 in 2007 to match value.

That is

a 96% devaluation

since the Federal Reserve

came into existence.

Now, if this reality of

inherent and perpetual inflation

seems absurd and

economically self-defeating,

hold that thought,

for absurdity is an understatement,

in regard to how our financial system

really operates.

For in our financial system,

money is debt,

and debt is money.

Here is a chart of the

US money supply from 1950 to 2006.

Here is a chart of the

US national debt for the same period.

How interesting it is, that the trends,

are virtually the same.

For the more money there is,

the more debt there is.

The more debt there is,

the more money there is.

To put it a different way,

every single dollar in your wallet

is owed to somebody

by somebody.

For remember:

The only way the money can come in

to existence is from loans.

Therefore, if everyone in the country

were able to pay off all debts,

including the government,

there would not be one dollar

in circulation.

In fact, the last time

in American history,

the national debt

was completely paid off

was in 1835,

after President Andrew Jackson,

shut down the Central Bank

that preceded the Federal Reserve.

In fact,

Jackson's entire political platform

essentially revolved

around his commitment

to shut down

the Central Bank.

Stating that one point:

The bold efforts the present bank

has made to control the government...

are but premonitions of the fate

that awaits the American people,

Should they be deluded into

a perpetuation of this institution

or, the establishment

of another like it.

Unfortunately,

this message was short lived.

And the international bankers succeeded

to install another central bank in 1913,

The Federal Reserve.

And as long as

this institution exists,

perpetual debt

is guaranteed.

Now, so far we have

discussed the reality

that money is created

out of debt through loans.

These loans are based

on a bank's reserves,

and reserves are derived

from deposits.

And through this

fractional reserve system,

any one deposit can create

9 times its original value.

In turn, debasing the

existing money supply,

raising prices in society.

And, since all this money

is created out of debt,

and circulated randomly

through commerce,

people become detached

from their original debt.

And a disequilibrium

exists,

where people are forced

to compete for labor,

in order to pull enough money

out of the money supply

to cover

their costs of living.

As dysfunctional and backwards

as all of this might seem,

there is still one thing

we have omitted from this equation.

And it is this element

of the structure

which reveals the truly fraudulent

nature of the system itself.

The application of interest.

When the government

borrows money from the FED,

or when a person borrows

money from a bank,

it almost always has to be

payed back with a crude interest.

In other words, almost every

single dollar that exists

must be eventually returned to a bank,

with interest payed as well.

But,

if all money is borrowed

from the Central Bank

and is expanded by

commercial banks through loans,

only what would be refered

to as the principal

is been created

in the money supply.

So then, where is the money to cover

all of the interest that is charged?

Nowhere.

It doesn't exist.

The ramifications of this

are staggering,

for the amount of money

owed back to the banks

will always exceed the amount of money

that is available in circulation.

This is why inflation is

a constant in the economy,

For new money

is always needed

to help cover the perpetual deficit

build into the system,

caused by the need

to pay the interest.

What this also means,

is that mathematically,

defaults and bankruptcy

are literally

built into the system.

And there will always be

poor pockets of society

that get the

short end of the stick.

An analogy would be

a game of musical chairs,

for the once music stops,

somebody is left out to dry.

And that's the point.

It invariably transfers true wealth

for the individual to the banks.

For, if you are unable

to pay for your mortgage,

they will take

your property.

This is particularly enraging

when you realize,

that not only is such

a default inevitable

due to the

fractional reserve practice.

But, also

because of the fact

that the money that

the bank loaned to you

didn't even legally exist

in the first place.

In 1969, there was a

Minnesota court case

involving a man named

Jerome Daly,

who was challenging the

foreclosure of his home by the bank,

which provided the loan

to purchase it.

His argument was that the mortgage

contract required both parties,

being he and the bank,

each put up a legitimate

form of property for the exchange.

In legal language,

this is called consideration.

Mr. Daly explained that the money was,

in fact, not the property of the bank.

For it was created

out of nothing,

as soon as the loan agreement

was signed.

Remember what Modern Money Mechanics

stated about loans?

What they do,

when they make loans,

is to accept promissory notes,

in exchange for credits.

Reserves are unchanged

by the loan transactions.

But, deposit credits

constitute new additions

to the total deposits

of the banking system.

In other words, the money doesn't

come out of their existing assets.

The bank is simply inventing it,

putting up nothing of it's own,

except for a theoretical liability,

on paper.

As the court case progressed,

the bank's president,

Mr. Morgan,

took the stand.

And in the judge's

personal memorandum,

he recalled that the Plaintiff,

bank's president,

admitted that, in combination

with the Federal Reserve Bank

did create the money

and credits

upon its books

by book-keeping entry.

The money and credit

first came into existence

when they created it.

Mr. Morgan admitted that

no United States Law or Statute existed

which gave him

the right to do this.

A lawful consideration must exist

and be tendered to support the Note.

The Jury found that there was

no lawful consideration and I agree.

He also poetically added:

Only God can create something of value,

out of nothing.

And,

upon this revelation,

the court rejected the bank's claim

for foreclosure and Daly kept his home.

The implications of this

court decision are immense.

For every time

you borrow money from a bank,

whether it is a mortgage loan

or a credit card charge,

the money given to you

is not only counterfeit,

it is a illegitimate form

of consideration.

And hence,

voids the contract to repay.

For the bank never had the money

as property to begin with.

Unfortunately, such legal realizations

are suppressed and ignored.

And the game of

perpetual wealth transfer

and perpetual debt

continues.

And this brings us to

the ultimate question:

Why?

During the

American Civil War,

President Lincoln bypassed

the high interest loans

offered by

the European banks

and decided to do what

the Founding Fathers advocated.

Which was to create an independent

and inherently debt-Free currency.

It was called

The Greenback.

Shortly after this measure was taken,

an internal document

circulated between private British

and American banking interests, stated:

Slavery is

but the owning of labor

and carries with it

the care of the laborers,

while the European plan...

is that capital shall control labor

by controlling wages.

This can be done

by controlling the money.

It will not do to allow the Greenback,

as we cannot control that.

The fractional reserve policy,

perpetrated by

the Federal Reserve

which has spread,

in practice,

to the great majority of banks

in the world,

is, in fact,

a system of modern slavery.

Think about it,

money is created out of debt.

And what do people do

when they are in debt?

They submit to employment

to pay it off.

But if money only can only

be created out of loans,

how can society

ever be debt free?

It can't

and that's the point.

And it is the fear of loosing assets,

coupled with the struggle to keep up

with the perpetual debt and inflation

inherent in the system,

compounded by the inescapable scarcity

within in the money supply itself,

created by the interest

that can never be re-payed,

that keeps

the wage-slave in line,

running on a hamster wheel,

with millions of others,

in effect,

powering an empire

that truly benefits only the elite

at the top of the pyramid.

For,

at the end of the day,

who are you

really working for?

The banks.

Money is created in the bank

and invariably ends up in a bank.

They are

the true masters,

along with the corporations

and governments they support.

Physical slavery requires

people to be housed and fed.

Economic slavery requires people

to feed and house themselves.

It is one of the most ingenious scams

for social manipulation ever created.

And at its core,

it is an invisible war

against the population.

Debt is the weapon used

to conquer and enslave societies,

and interest

is its prime ammunition.

And, as the majority walks around,

oblivious to this reality,

the banks, in collusion with

governments and corporations

continue to perfect and expand

their tactics of economic warfare,

spawning new bases,

such as the World Bank

and International Monetary Fund,

while also inventing

a new type of soldier.

The birth of

the economic hitman.

We, economic hitmen,

really have been the ones responsible

for creating this

first truly global empire

And we work

many different ways.

But perhaps the most common

is that we will

identify a country that has resources

our corporations covet, like oil,

And then, arrange a

huge loan to that country

from the World Bank

or one of it's sister organizations.

But the money never actually

goes to the country.

Instead it goes

to our big corporations,

to build infrastructure projects

in that country.

Power plants,

industrial parks, ports...

Things that benefit

a few rich people in that country.

In addition

to our corporations.

But really don't help

a majority of the people at all.

However,

those people,

the whole country is left

holding the huge debt.

It's such a big debt they can't repay

and that's part of the plan...

They can't repay it.

And so, in some point,

we economic hitmen,

go back to them and say:

Listen.

You owe us

a lot of money.

You can't pay your debts.

So, sell your oil,

real cheap

to our oil companies,

allow us to build a military base

in your country, or...

send troops in support of ours

to someplace in the world like Iraq,

or vote with us

on the next UN vote,

to have their

electric utility company privatized

and their water and

sewage system privatized

and sold to

US corporations or other

multi-national corporations.

So there is a

whole mushrooming thing

and it's so typical the way

the IMF and the World Bank work.

They put

a country in debt,

and it's such a big debt,

they can't pay it,

and then you offer

to refinance that debt

and pay

even more interest.

And you demand

this quid pro quo,

what you call a conditionality

or good governance

which means basically that they got

to sell off their resources,

including many

of their social services,

their utility companies,

their school systems sometimes,

their penal systems,

their insurance systems,

to foreign corporations.

So it's a

double-triple-quadruple whammy!

The precedent for economic hitmen

really began back in the early 50's

when the democratically-elected

Mossadegh

who was

elected in Iran...

He was considered to be

the hope for democracy

in the Middle East

and around the world.

He was in Time Magazine's

Man of the Year.

But, one of the things

that he brought on

and began to implement

was the idea that

foreign oil companies needed

to pay the Iranian people

a lot more for the oil that

they were taking out of Iran

and the Iranian people

should benefit from their own oil.

Strange policy.

We didn't like that,

of course.

But we were afraid to do

what we normally were doing,

which was to

send in the military.

Instead we sent in

one CIA agent,

Kermit Roosevelt,

Teddy Roosevelt's relative.

And Kermit went in

with a few million dollars

and was very, very effective

and efficient

and in a short

amount of time,

he managed to get

Mossadeg overthrown

and brought in the Shah of Iran

to replace him,

who always was

favorable to oil.

And it was

extremely effective.

Mobs over

through Tehran.

Army officers shout that

Mossadeg has surrendered

and his regime as

virtual dictator of Iran is ended.

Pictures of the Shah are paraded through

the streets as sentiment reverses.

The Shah

is welcomed home.

So back here in the United States,

in Washington,

people looked around and said:

Wow, that was easy and cheap.

So this established a whole new way

of manipulating countries,

of creating empire.

The only problem with Roosevelt was

that he was a card-carrying CIA agent

and if he'd been caught,

the ramifications

could have been pretty serious.

So very quickly,

at that point,

the decision was made

to use private consultants

to channel the money

through the World Bank

or the IMF or one of

the other such agencies,

to bring in people like me,

who work for private companies.

So that

if we got caught,

there would be

no governmental ramifications.

When ?rbenz became

President of Guatemala,

the country was very much under

the thumbs of United Fruit company,

the big international corporation.

And ?rbenz ran on this ticket

that said:

You know, we want to give the land

back to the people.

And once

he took power,

he was implementing policies

that would do exactly that,

give the land rights

back to the people.

United Fruit didn't like that

very much.

And so, they hired

a public relations firm,

launched a huge campaign

in the United States,

to convince the United States people,

the citizens of the United States,

the press of the United States

and the congress of the United States,

that ?rbenz

was a Soviet puppet

And that if we allowed him

to stay in power,

the Soviets would have a foothold

in this hemisphere.

And at that point in time,

there was a huge fear

on everybody's mind,

of the Red terror,

the Communist terror.

And so, to make a long story short,

out of this public relations campaign

came a commitment

on the part of the CIA

and the military

to take this man out.

And in fact,

we did.

We sent in planes, we sent in soldiers,

we sent in jackals,

we sent everything in to take him out.

And did take him out.

And as soon as he was

removed from office,

the new guy that took over after him

basically reinstated everything

to the big international

corporations,

including United Fruit.

Ecuador, for many many years

had been ruled

by pro-US dictators,

often relatively brutal.

Then it was decided they will

have a truely democratic election.

Jaime Roldos ran for office

and his main goal,

he said,

as president would be

to make sure that Ecuador's resources

were used to help the people.

And he won.

Overwhelming.

By more votes than anybody

had ever won anything in Ecuador.

And he began to

implement these policies.

To make sure that the profits from oil

went to help the people.

Well, we didn't like that

in the United States.

I was send down as one of several

economic hitmen to change Roldos.

To corrupt him.

To bring 'em around...

To let him know...

You know.

Okay, you know,

you can get very rich,

you and your family,

if you play our game.

But if you continue to try to

keep this policy you've promised,

you're gonna go.

He woudn't listen...

He was assassinated...

As soon as the plane crashed,

the whole area was cordoned off.

The only people allowed there were

US military from a nearby base

and some of

the Ecuadorian military.

When an investigation

was launched,

two of the key witnesses

died in a car accidents

before they have

a chance to testify.

A lot of very, very strange things

that went on around

the assassination of

Jaime Roldos.

I, like most of people who've

really looked at this case,

have absolutely no doubt

that it was an assassination.

And, of course, in my position

as an economic hitman,

I was always expecting

something to happen to Jaime,

whether it'd be

a coup or assassination,

I wasn't sure, but that

he would be taken down because

he was

not being corrupted,

he would not allow himself

to be corrupted

the way we wanted

to corrupt him.

Omar Torrijos,

the president of Panama,

was, you know,

one of my favorite people.

I really really

liked him.

He was very charasmatic.

He was a guy who really

wanted to help his country.

And when I tried to

bribe him or corrupt him, he said:

Look, John...

He called me Juanito...

He said:

Look Juanito,

I don't need the money.

What I really need is for my country

to be treated fairly.

I need for the United States

to repay the debts

that you owe my people

for all the destruction

you've done here.

I need to be

in a position where

I can help other

Latin American countries

win their independence

and be free of this,

of this terrible presence

from the north.

You people are

exploiting us so badly.

I need to have the Panama Canal back

in the hands of the Panamian people.

That's what I want.

And so, leave me alone,

you known, don't try to bribe me.

It was 1981 and in May,

Jaime Roldos was assassinated.

And Omar

was very aware of this.

Torrijos got his family together

and he said:

I'm probably next,

but that's okay,

because I've done

what I came here to do...

I renegotiated the Canal.

The Canal will now be

in our hands,

we just finished negotiating

the treaty with Jimmy Carter.

In June of that same year,

just a couple of month later,

he also went down

in an airplane crash,

which, there's no question,

was executed by CIA sponsored jackals.

A tremendous

amount of evidence that

one of Torijjos' security guards

handed him, at the last moment,

as he was getting on the plane,

a tape recorder.

A small tape recorder

that contained a bomb.

It is intersting to me

how this

system has continued

pretty much the same way

for years,

and years, and years,

except the economic hitmen have gotten

better and better and better.

Then we coped with, very recently,

what happened in Venezuela.

In 1998, Hugo Chavez

gets elected president,

following a

long line of presidents

who'd been very corrupt

and basically destroyed

the economy of the country.

And Chavez was elected

amidst all that.

Chavez stood up

to the United States

and he's done it primarily

demanding that Venezuelian oil

be used

to help the Venezuelian people.

Well... we didn't like

that in United States.

So, in 2002,

a coup was staged, which was

no question in my mind, in most

other peoples' minds,

that the CIA was behind that coup.

The way,

that that coup was fomented

was very reflective of what

Kermit Roosevelt had done in Iran.

Of paying people to go out

onto the streets,

To riot, to protest, to say

that Chavez was very unpopular.

You know, if you can get

a few thousand people

to do that,

television can make it look like...

It's the whole country

and things start to mushroom.

Except in the case of Chavez,

he was

smart enough and the people

were so strongly behind him,

that they overcame it.

Which was a phenomenal moment

in the history of Latin America.

Iraq, actually,

is a perfect example of the way

the whole system works.

So, we, economic hitmen,

are the first line defense.

We go in, we try to

corrupt the governments

and get them

to accept these huge loans,

which we then use as leverage

to basically own them.

If we fail, as I failed in

Panama with Omar Torrijos,

and Ecuador with

Jaime Roldos,

men who refuse

to be corrupted,

then the second line of defense

is we send in the Jackals.

And the Jackals either

overthrow governments

or they assassinate.

And, once that happens

and a new goverment comes in it...

Boy,

it's gonna toe the line

because that new president knows

what will happen if he doesn't.

In the case of Iraq,

both of those things failed.

The economic hitmen were not able

to get through to Saddam Hussein.

We tried very hard,

we tried to get him to accept a deal

very similar to what

the House of Saud had accepted in

Saudi Arabia,

but he wouldn't accept it.

And so the Jackals

went in to take him out.

They couldn't do it.

His security was very good.

After all, he, at one time,

had worked for CIA.

He'd been hired to assassinate

a former president of Iraq and failed,

but he knew the system.

So, in '91,

we send in the troops

and we take out

the Iraqi military.

So, we assumed

at that point that

Saddam Hussein

is gonna come around.

We could have take him out,

of course at that time,

but we didn't want it.

He's the kind of strong man we like.

He controls his people.

We thought he could control Kurds,

and keep the Iranians in their border

and keep pumping oil for us.

And that once

we took out his military,

now he's gonna

come around.

So, the economic hitmen

go back in in the 90's

without success.

If they'd had success...

he'd still be

running the country.

We'd be selling him

all the fighter jets he wants,

and everything else

he wants,

but they couldn't,

they didn't have success.

The jackals couldn't take him out again,

so we sent the military

in once again, and this time,

we did the complete job

and took him out.

And in the process,

created for ourselves some

very, very lucrative

construction

deals to

reconstruct the country

that we'd

essentially destroyed.

Which is

a pretty good deal

if you own construction companies,

big ones.

So, Iraq shows

the three stages.

The economic hitmen

failed there.

The Jackals failed there.

And as a final measure,

the military goes in.

And in that way,

we've really created an empire,

but we've done it very, very subtly.

It's clandestine.

All the empires of the past

were built on the military,

and everybody knew

they were building them.

The British knew they

were building them,

the French, the Germans,

the Romans, the Greeks,

and they were proud of it.

They always had some excuse like

spreading civilization,

spreading some religion,

something like that,

but they knew they were doing it.

We don't.

The majority of the people,

in the United States,

have no idea that we're living off

the benefits of the clandestine empire.

That today there is more slavery

in the world than ever before.

Then you have

to ask yourself, well,

if it's an empire,

then who is the emperor?

Obviously our presidents of

the United States are not emperors.

An emperor is someone

who is not elected,

doesn't serve

a limited term,

and doesn't report to anyone,

essentially.

So you can't classify

our presidents that way.

But we do have

what I consider to be

the equivalent of the emperor and

it's what I call the corporatocracy.

The corporatocracy

is this group of individuals

who run

our biggest corporations.

And they really act as

the emperor of this empire.

They control

our media,

either through direct ownership

or advertising.

They control

most of our politicians

because they finance

their campaigns,

either through

the corporations

or through

personal contributions

that come out of

the corporations.

They're not elected,

then they don't serve

a limited term,

they don't report to anybody,

and at the very top

of the corporatocracy,

you really can't tell

whether the person is working

for a private corporation

or the government because

they're always moving back and forth.

So you know, you've got a guy who,

one moment is the president of

a big construction company

like Haliburton,

and the next moment, he's

Vice President of the United States.

Or the President,

who was in the oil business.

And this is true whether you get

Democrats or Republicans in the office.

You have this moving back and forth

through a revolving door.

And in a way, our government

is invisible a lot of the time,

and his policies are carried out

by our corporations

on one level or another.

And then again,

the policies of the government

are basically

forged

by the corporatocracy,

and then

presented to the government

and they become

government policy.

So, there's an incredibly

cozy relationship.

This isn't a conspiracy theory

type of thing.

These people don't have

to get together

and plot to do things.

They all basically work

under one primary assumption,

and that is that

they must maximize profits,

regardless of the

social and environmental costs.

This process of manipulation

by the corporatocracy

through the use of debt, bribery

and political overthrow is called:

Globalization.

Just as the Federal Reserve keeps

the American public in a postion

of indentured servitude,

though perpetual debt,

inflation and interest,

the World Bank and IMF

serve this role on a global scale.

The basic scam

is simple.

Put a country in debt,

either by it's own indisgression,

or through corrupting the leader

of that country,

then impose conditionalities

or structual adjustment policies

often consisting

of the following.

Currency devaluation.

When the value of a currency drops,

so does everything valued in it.

This makes indigenous resources

available to predator countries

at a fraction

of their worth.

Large funding cuts

for social programs.

These usually include

education and health care.

Compromising the well-being

and integrity of the society,

leaving the public vulnerable

to exploitation.

Privatization of

state-owned enterprises.

This means that

socially important systems

can be purchased

and regulated

by foreign corporations

for profit.

For example, in 1999,

the World Bank insisted

that the Bolivian government

sell the public water system

of it's third-largest city to a subsidy

of the US-corporation Bechtel.

As soon as this occured,

waterbills for the already

impoverished local residents

skyrocketed.

It wasn't until after

full-blown revolt by the people

that the Bechtel contract

was nullified.

Then there is

trade liberalization,

or the opening up

of the economy,

through removing any restrictions

on foreign trade.

This allows for a number of

abusive economic manifestations,

such as

transnational corporations

bringing in their own

mass-produced products,

undercutting the indigineous production

and ruining local economies.

An example is Jamaica,

which after accepting loans and

conditionalities from the World Bank

lost it's largest

cash crop markets

due to competition

with Western imports.

Today countless farmers are out of work,

for they're unable to compete

with the large corporations.

Another variation is

the creation of numerous,

seemingly unnoticed,

unregulated, inhumane

sweatshop factories,

which take advantage of

the imposed economic hardship.

Additionally,

due to production de-regulation,

environmental destruction

is perpetual

as a country's resources

are often exploited

by the

indifferent corporations,

while outputting large amounts

of deliberate pollution.

The largest environmental lawsuit

in the history of the world,

today is being brought

on behalf of

30,000 Ecuadorian and Amazonian

people against Texaco,

which is now owned by Chevron

so it's against Chevron,

but for activities

conducted by Texaco.

They're estimated to be

more than 18 times

what the Exxon Valdez dumped

into the Coast of Alaska.

In the case of Ecuador,

it wasn't an accident.

The oil companies

did it intentionally;

they knew they were doing it

to save money

rather than

arranging for proper disposal.

Furthermore, a cursory glance at the

performance record of the World Bank

reveals that the institution,

which publicly claims to

help poor countries develop

and alleviate poverty,

has done nothing but

increase poverty and the wealth-gap,

while corporate profits soar.

In 1960,

the income-gap between

the fifth of the world's people

and the richest countries,

versus the fifth

in the poorest countries

was thirty to one.

By 1998,

it was seventy-four to one.

While global GNP rose 40%

between 1970 and 1985,

those in poverty,

actually increased, by 17%.

While from

1985 to 2000,

those living on less than

one dollar a day increased by 18%.

Even the Joint Economic Committee

of the U.S. Congress admitted

that there is a mere 40% success rate

of all World Bank projects.

In the late 1960's, the World Bank

intervened in Ecuador with large loans.

During the next 30 years,

poverty grew from 50% to 70%.

Under or unemployment

grew from 15% to 70%.

Public debt increased from

240 million to 16 billion,

while the share of resources allocated

to the poor went from 20% to 6%.

In fact, by the year 2000,

50% of Ecuador's national budget

had to be allocated

for paying its debts.

It is important to understand:

the World Bank is,

in fact, a U.S. bank,

supporting U.S. interests.

For the United States holds

veto-power over decisions,

as it is the

largest provider of capital.

And where did

it get this money?

You guessed it:

It made it

out of thin air

through the

fractional reserve banking system.

Of the world's top 100 economies,

as based on annual GDP,

51 are corporations.

And 47 of that 51,

are U.S.-based.

Walmart,

General Motors and Exxon,

are more economically powerful

than Saudi Arabia,

Poland, Norway, South Africa,

Finland, Indonesia and many others.

And, as protective trade barriers

are broken down,

currencies tossed together

and manipulated in floating markets

and State economies

overturned

in favor of open competition in

global capitalism, the empire expands.

You get up on

your little 21 inch screen

and howl about America

and democracy.

There is no America,

there is no democracy.

There is only IBM,

and ITT, and AT&T,

and DuPont, Dow,

Union Carbide, and Exxon.

Those are the nations

of the world today.

What do you think the Russians talk

about in their counsels of state?

Karl Marx?

They get out their

linear programming charts,

statistical decision theories,

min and max solutions and

compute the price-cost probabilities

of their transactions and investments,

just like we do.

We no longer live in a world of

nations and ideologies, Mr. Beale.

The world is

a college of corporations,

inexorably determined

by the immutable

bylaws of business.

The world is a business,

Mr. Beale.

The World is being taken over

by a hand-full of business powers

who dominate the natural resources

we need to live,

while controlling the money

we need to obtain these resources.

The end result

will be world monopoly,

based not on human life,

but financial and corporate power.

And,

as the inequality grows,

naturally, more and more people

are becoming desperate.

So the establishment was forced

to come up with a new way to deal

with anyone

who challenges the system.

So they gave birth

to the 'Terrorist'.

The term 'terrorist'

is an empty distinction

designed for any person

or group,

who chooses to challenge

the establishment.

This isn't to be confused

with the fictional 'Al Qaida',

which was actually

the name of a computer database

of the U.S.-supported Mujahadeen

in the 1980's.

In 2007, the Department of Defense

received 161.8 billion dollars

for the so-called global war

on terrorism.

According to the

National Counter-Terrorism Center,

in 2004,

roughly 2000 people

were killed internationally

due to

supposed terrorist acts.

Of that number,

70 were American.

Using this number

as a general average,

which is

extremely generous,

it is interesting to note

that twice as many

people die from peanut allergies a year,

than from terrorist acts.

Concurrently, the leading cause

of death in America

is coronary heart disease,

killing roughly 450,000

each year.

And in 2007,

the government's allocation of funds

for research

on this issue

was about

three billion dollars.

This means, that the US government,

in 2007,

spent 54 times the amount

for preventing terrorism,

than it spent for

preventing for the disease,

which kills 6600 times

more people annually,

than terrorism does.

Yet, as the name

terrorism and Al Qaida

are arbitrarilly stamped

on every news report,

relating to any action

taken against US interests,

the myth grows wider.

In mid 2008,

the US Attorney General

actually proposed,

that the US congress

officially declare war

against the fantasy.

Not to mention, as of July 2008,

there are now over 1 million people

currently on

the US terrorist watch list.

These so called

Counter-Terrorism Measures,

of course had nothing to do

with social protection

and everything to do

with preserving the establishment

amongst the growing

anti-American sentiment,

both domestically,

and internationally,

which is legitimately

founded on

the greed-based

corporate empire expansion

that is exploiting the world.

The true terrorists of our world,

do not meet at the darks at midnight

or scream Allah Akbar

before some violent action.

The true terrorists of our world,

wear 5000 dollar suits

and work in the highest positions

of finance, government and business.

So, what do we do?

How do we stop a system

of greed and corruption,

that has so much

power and momentum?

How do we stop this

aberrant group behavior,

which feels

no compassion,

for say, the millions slaughtered

in Iraq and Afghanistan,

so the corporatocracy

can control

energy resources and opium production

for Wall Street profit.

How do we stop a system

of greed and corruption

that condemns

poor populations

to sweatshop slavery

for the benefit of Madison Avenue?

Or that engineers

false-flag terror attacks

for the sake of manipulation?

Or that generates

built-in modes of social operation,

which are inherently

exploited?

Or that systematicly reduces

several liberties

and violates human rights,

in order to protect itself,

from it's own shortcomings?

How do we deal with the

numerous covert institutions,

such as

the Council on Foreign Relations,

the Trilateral Commission,

and the Bilderberg Group

and other undemocratically

elected groups

which behind closed doors

collude to control the political,

financial, social and environmental

elements of our lives?

In order to find the answer,

we must first find,

the true underlying cause.

For the fact is, the selfish, corrupt,

power and profit-based groups

are not the true source

of the problem.

They are symptoms.

My name is Jacque Fresco.

I'm an industrial designer

and a social engineer.

I'm very much interested

in society

and developing a system that might be

sustainable, for all people.

First of all, the word 'corruption'

is a monetary invention,

that aberrant behavior,

behavior that's disruptive

for the well-being of people.

Well, you're dealing with

human behavior.

And human behavior appears to be

environmentally determined.

Meaning, if you were raised by

the Seminole Indians as a baby,

never saw anything else,

you'd hold that value system.

And this goes for nations,

it goes for individuals,

for families, they try to

indoctrinate their children

to their particular faith

and their country

and make them feel like

they're part of that.

And they built a society,

which they call established.

They established

a workable point of view

and tend

to perpetuate that.

Whereas, all societies

are really emergent,

not established.

And so

they fight new ideas

that would interfere

with the establishment.

Goverments try to perpetuate

that which keeps them in power.

People are not elected

to political office to change things.

They are put there,

to keep things the way they are.

So you see, the bases of corruption

is in our society.

Let me make it clear.

All nations then,

are basically corrupt

because they tend to uphold

existing institutons.

I don't mean to uphold

or downgrade all nations,

but communism, socialism, fascism,

the free enterprise-system

and all other sub-cultures

are the same.

They are all

basically corrupt.

The most fundamental characteristic

of our social institutions

is the necessity

for self-preservation.

Whether dealing with a corporation,

a religion or a government,

the foremost interest is

to preserve the institution itself.

For instance, the last thing

an oil company would ever want

is the utilization of energy,

that was outside of it's control.

For it makes that company

less relevant to society.

Likewise the Cold War and the collapse

of the Soviet Union was, in reality,

a way to preserve

and perpetuate

the established economic and

global hegemony of the United States.

Similarly, religions condition people

to feel guilty for natural inclinations,

each claiming to offer the only path

to forgiveness and salvation.

At the heart of this

institutional self-preservation

lies the monetary system.

For it is money that provides

the means for power and survival.

Therefore,

just as a poor person

might be forced to steal,

in order to survive,

it is a natural inclination to do

whatever is needed

to continue

an institution's profitability.

This makes it inherently difficult

for profit-based institutions to change,

For it puts

in jeopardy,

not only the survival

of large groups of people,

but also the coveted,

materialistic lifestyles

associated with

affluence and power.

Therefore, the paralyzing necessity

to preserve an institution,

regardless of

its social relevance

is largely rooted

in the need for money or profit.

What's in it for me?,

is why people think.

And so if a man makes money

selling a certain product,

that's where

he's going to fight

the existence of another product

that may threaten his institution.

Therefore,

people cannot be fair.

And people do not

trust each other.

A guy will come over

to you and say,

I've got just the house

you're looking for,

he's a salesman.

When a doctor says,

I think your kidney has to come out,

I don't know if

he's trying to pay off a yacht

or that my kidney

has to come out.

It's hard in a monetary system

to trust people.

If you came into my store

and I said,

this lamp that I've got is pretty good,

but the lamp next door is much better,

I wouldn't be in business very long.

It wouldn't work.

If I were ethical,

it wouldn't work.

So when you say

industry cares for people,

that's not true.

They can't afford

to be ethical.

So your system is not designed

to serve the well-being of people.

If you still don't understand that,

there would be no outsourcing of jobs

if they cared

about people.

Industry does not care.

They only hire people because

it hasn't been automated yet.

So don't talk about

decency and ethics,

we cannot afford it

and remain in business.

It is important to point out that

regardless of the social system,

whether fascist, socialist,

capitalist or communist,

the underlying mechanism is still

money, labor and competition.

Communist China is no less

capitalistic than the United States.

The only difference is

the degree by which

the state intervenes

in enterprise.

The reality is that monetary-ism,

so to speak, is the true mechanism,

that guides the interests of

all the countries on the planet.

The most agressive and hence dominant

variation of this monetary-ism

is the free enterprise system.

The fundamental perspective as put

forth by early free market economists,

like Adam Smith,

is that self-interest and competition

leads to social prosperity,

as the act of competition

creates incentive,

which motivates people

to persevere.

However,

what isn't talked about,

is how a

competition-based economy

invariably leads to

strategic corruption, power,

and wealth consolidation,

social stratification,

technological paralysis, labor abuse

and ultimately a covert form

of government dictatorship

by the rich elite.

The word corruption is often

defined as moral perversion.

If a company dumps toxic waste

into the ocean to save money,

most people recognize

this as corrupt behavior.

On a more subtle level,

when Walmart moves

into a small town

and forces small businesses

to shut down,

for they are unable

to compete,

a grey area emerges.

For what exactly

is Walmart doing wrong?

Why should they care about the Mom

and Pop organizations they destroy?

Yet even more subtly,

when a person gets fired from their job,

because a new machine has been created,

which can do the work

for less money,

people tend to just

accept that as

the way it is,

not seen the inherent corrupt

inhumanity of such an action.

Because the fact is,

whether it is dumping toxic waste,

having a monopoly enterprise

or downsizing the workforce,

the motive is the same:

Profit.

They are all different degrees of

the same self-preserving mechanism,

which always puts the well-being

of people second to monetary gain.

Therefore, corruption is not

some byproduct of monetary-ism.

It is

the very foundation.

And while most people acknowledge

this tendency on one level or another,

majority remains naive as

to the broad ramifications

of having such a selfish mechanism

as the guiding mentality in society.

Internal documents show that

after this company

positively,

absolutely knew that

they had a medication that was

infected with the AIDS virus,

they took the product

off the market in the US,

and then they dumped it in France,

Europe, Asia and Latin America.

The US government

allowed it to happen.

The FDA allowed this

to happen

and now the government is

completely looking the other way.

Thousands of innocent hemophiliacs

have died from the AIDS virus.

This company knew absolutely

that it was infected with AIDS.

They dumped it because they wanted

to turn this disaster into a profit.

So you see,

you have built-in corruption.

We're all chiseling off

each other,

and you can't expect decency

in that sort of thing.

A feeling that they

don't know who to elect.

They think in terms

of a democracy,

which is not possible

in a monetary-based economy.

If you have more money to

advertise your position,

the position

you desire in government,

that isn't a democracy.

It serves those in positions

of differential advantage.

So it's always

a dictatorship of the elitist,

the financially wealthy.

It is

an interesting observation

to note how

seemingly unknown personalities,

magically appear on the scene

as presidential candidates.

Then before

you know it,

somehow you are left

to choose from

a small group of

extremely wealthy people

who suspiciously have

the same broad social view.

Obviously,

it's a joke.

The people placed on

the ballot are done so

because they have been

pre-decided to be acceptable

by the established financial powers,

who actually run the show.

Yet many who understand this

illusion of democracy, often think,

"If only we could just get our honest,

ethical politicians in power,

then we would be okay."

Well, while this idea of

course seems reasonable

in our established,

oriented world view,

it is unfortunately

another fallacy.

For when it really comes down

to what is actually important,

the institution of politics

and thus politicians themselves,

have absolutely

no true relevance

as to what makes

our world and society function.

It's not politicians

that can solve problems.

They have

no technical capabilities.

They don't know

how to solve problems.

Even if they were sincere,

they don't know how to solve problems.

It's the technicians that

produce the desalinization plants.

It's the technicians

that give you electricity.

That give you

motor vehicles.

That heat your house and cool it

in the summer time.

It's technology

that solves problems,

not politics.

Politics cannot solve problems

'cause they are not trained to do so.

Very few people today

stop and consider

what it is that actually

improves their lives.

Is it money?

Obviously not.

One cannot eat money or stuff money

into their car to get it to run.

Is it politics?

All politicians can do

is create laws,

establish budgets

and declare war.

Is it religion?

Of course not,

religion creates nothing except

intangible emotional solace

for those who require it.

The true gift that

we as human beings have,

which has been solely

responsible for everything

that has improved

our lives,

is technology.

What is technology?

Technology

is a pencil,

which allows one to solidify ideas

on paper for communication.

Technology

is an automobile,

which allows one to travel faster

than feet would allow.

Technology

is a pair of eye glasses,

which enables sight

for those who need it.

Applied technology

itself,

is merely and extension

of human attributes,

which reduces

human effort,

freeing humans from

a particular chore or problem.

Imagine what your life would be like

today without a telephone,

or an oven,

or a computer,

or an airplane.

Everything in your home,

which you take for granted,

from a doorbell,

to a table,

to a dishwasher,

is technology,

generated from

the creative scientific ingenuity

of human technicians.

Not money,

politics or religion.

These are

false institutions.

...and writing your

congressman is fantastic.

They tell you to write

to your congressman

if you want

something done.

The men in Washington should be

at the forefront of technology.

The forefront

of human study.

The forefront

of crime.

All the factors

that shape human behavior.

You don't have

to write your congressman.

What kind of people are they

that are appointed to do that job?

The future will have

great difficulty...

And the question that's raised

by politicians is:

How much

will a project cost?

The question is not

how much will it cost.

Do we have

the resources?

And we have the resources today

to house everyone,

build hospitals

all over the world,

build schools

all over the world,

the finest equipment

in labs

for teaching

and doing medical research.

So you see, we have all that,

but we're in a monetary system,

and in a monetary system,

there's profit.

And what is the fundamental mechanism

that drives the profit system

besides self-interest?

What is it exactly that maintains

that competitive edge at it's core?

Is it high efficiency

and sustainability?

No.

That isn't part of their design.

Nothing produced

in our profit-based society

is even remotely sustainable

or efficient.

If it was,

there wouldn't be

a multi-million dollar a year

service industry for automobiles.

Nor would the average lifespan

for most electronics

be less than

three months

before they're obsolete.

Is it abundance?

Absolutely not.

Abundance, as based on the

laws of supply and demand,

is actually

a negative thing.

If a diamond company

finds ten times

the usual amount of diamonds

during their mining,

it means the supply of diamonds

has increased,

which means the cost and profit

per diamond drops.

The fact is: efficiency,

sustainability and abundance

are enemies of profit.

To put it

into a word,

it is the mechanism of scarcity

that increases profits.

What is scarcity?

Based on

keeping products valuable.

Slowing up production on oil

raises the price.

Maintaining scarcity of diamonds

keeps the price high.

They burn diamonds

at the Kimberly Diamond Mine.

They're

made of carbon.

That keeps

the price up.

So then, what does it mean

for society when scarcity,

either produced naturally

or through manipulation

is a beneficial condition

for industry?

It means that

sustainability and abundance

will never ever occur

in a profit system.

For it simply goes against

the very nature of the structure.

Therefore, it is impossible to have

a world without war or poverty.

It is impossible to

continually advance technology

to its most efficient

and productive states.

And most dramatically,

it is impossible to expect

human beings to behave

in truly ethical

or decent ways.

People use the word

'instinct'

because they can't account

for the behavior.

They sit back and they evaluate with

their lack of knowledge, you know,

and they say things like,

"Humans are built a certain way,

greed is a natural thing,"

as though they'd worked

for years on it.

And it's no more natural

than wearing clothing.

What we want to do

is to eliminate

the causes

of the problems.

Eliminate

the processes that

produce greed,

and bigotry, and prejudice,

and people taking advantage

of one another, and elitism.

Eliminating the need

for prisons and welfare.

We have always had

these problems because

we have always lived

within scarcity,

and barter, and monetary systems

that produce scarcity.

If you eradicate

the conditions that generate

what you call

'socially offensive behavior,'

it does not exist.

A guy says:

Well listen, are they in-born?

No, it's not.

There is no human nature,

there's human behavior,

and that's always been

changed throughout history.

You're not born

with bigotry,

and greed, and corruption,

and hatred.

You pick that up

within the society.

War, poverty, corruption,

hunger, misery, human suffering

will not change

in a monetary system.

That is, there will be

very little significant change.

It's going to take

the redesigning of our culture,

our values,

and it has to be related

to the carrying capacity of the earth,

not some human opinion,

or some politicians notions

of the way the world

ought to be.

Or some religion's notions

of the conduct of human affairs.

And that's what

The Venus Project is about.

The society,

that we're about to talk about,

is a society that is free

of all the old superstitions,

incarceration, prisons,

police, cruelty and law.

All laws will disappear

and the professions will disappear,

that are no longer valid,

such as stockbrokers,

bankers, advertising...

Gone!

Forever!

Because it's

no longer relevant.

When we understand

that it is technology

devised

by human ingenuity

which frees humanity

and increases our quality of life

we then realize, that the most

important focus we can have

is on the intelligent management

of the earth's resources.

For it is from

these natural resources,

we gain the materials

to continue our path of prosperity.

Understanding this,

we then see,

that money fundamentally exists

as a barrier to these resources,

for virtually,

everything has a financial cause.

And why do we need money

to obtain these resources?

Because of real

or assumed scarcity.

We don't usually pay

for air and tap water,

because it is

in such high abundance,

selling it

would be pointless.

So then,

logically speaking,

if resources

and technologies,

applicable to creating

everything in our societies

such as houses, cities

and transportation,

were in

high enough abundance,

there would be no reason

to sell anything.

Likewise,

if automation and machinery

was so technologically

advanced,

as to relieve

human beings of labor

there would be no reason

to have a job.

And with these social aspects

taking care of,

there would be no reason

to have money at all.

So the ultimate question

remains:

Do we on earth

have enough resources

and technological

understanding

to create a society

of such abundance,

that everything we have now

could be available without a price tag

and without the need for submission

through employment?

Yes, we do.

We have the resources

and technology

to enable this

at a minimum

along with the ability to raise

the standards of living so high

that people in the future will

look back at our civilisation now

and gawk at how primitive

and immature our society was.

What The Venus Project

proposes

is an entirely

different system

that's updated

to present day knowledge.

We've never given scientists

the problem of

How do you design a society which would

eliminate boring and monotonous jobs,

that would eliminate accidents

in transportation,

that would enable people

to have a high standard of living,

that would eliminate poisons

in our food,

give us other sources of energy,

that are clean and efficient.

We can do that

out there.

The major difference

between

a resource-based economy

and a monetary system,

is that a resource-based economy

is really concerned with people

and their well-being

where the monetary system

has become so distorted

that the concerns of the people

are really secondary,

if they're there

at all.

Products that are turned out

are for

how much money

you can get.

If there is a problem in society

and you can't earn money

from solving that problem,

then it won't be done.

The resource-based economy

is really not close

to anything

that's been tried.

And with all our technology today,

we can create abundance.

It could be used to improve

everyone's lifestyle.

Abundance all over the world,

if we use our technology wisely

and maintain

the environment.

It's a very different system

and it's very hard

to talk about

because the public is not

that well enough informed

as to the

state of technology.

At present,

we don't have to burn fossil fuels.

We don't have to use anything

that would contaminate the environment.

There are many sources

of energy available.

Alternative energy solutions

pushed by the establishment,

such as hydrogen,

biomass and even nuclear

are highly insufficient,

dangerous,

and exist only to perpetuate

the profit structure

the industry has created.

When we look beyond the propaganda

and self-serving solutions

put forth by

the energy companies,

we find a

seemingly endless stream

of clean, abundant and renewable energy

for generating power.

Solar and wind energy

are well known to the public.

But the true potential of these mediums

remains unexpressed.

Solar energy,

derived from the sun,

has such abundance,

that one hour of light at high noon

contains more energy than what

the entire world consumes in a year.

If we could capture one-hundreth

of a percent of this energy,

the world would never have

to use oil, gas or anything else.

The questioning

is not availability,

but the technology

to harness it.

And there are many

advanced mediums today

which could accomplish

just that,

if they were

not hindered

by the need

to compete for market share

with the established

energy power structures.

Then there's wind energy.

Wind energy has long been

denounced as weak

and, due to being location driven,

impractical.

This is

simply not true.

The US Department of Energy

admitted in 2007

that if wind was fully harvested

in just three of America's 50 states,

it could power

the entire nation.

And then there are the rather unknown

mediums of tidal and wave power.

Tidal power is derived

from tidal shifts in the ocean.

Installing turbines which capture

this movement, generates energy.

In the United Kingdom,

42 sites are currently noted

as available,

forecasting that

34% of all the UK's energy

could come

from tidal power alone.

Wave power, which extracts energy

from the surface motions of the ocean,

is estimated

to have a global potential

of up to

80,000 terawatt-hours a year.

This means 50% of

the entire planet's energy usage

could be produced

from this medium alone.

Now, it is important to point out

that tidal, wave, solar and wind power

requires virtually

no preliminary energy to harness,

unlike coal, oil, gas, biomass,

hydrogen and all the others.

In combination,

these four mediums alone,

if efficiently harnessed

through technology,

could power

the world forever.

That being said,

there happens to be another form

of clean renewable energy,

which trumps them all.

Geothermal power.

Geothermal energy utilizes

what is called heat mining,

which, through

a simple process using water,

is able to generate

massive amounts of clean energy.

In 2006, an MIT report

on geothermal energy

found that 13,000 zetajules of power

are currently available in the earth

with the possibility of

2,000 zetajules

being easily tapable

with improved technology.

The total energy

consumption

of all the countries

on the planet

is about

half of a zetajule a year.

This means about

4000 years of planetary power

could be harnessed

in this medium alone.

And when we understand

that the earth's heat generation

is constantly renewed,

this energy

is really limitless.

It could be used

forever.

These energy sources are only a few

of the clean renewable mediums available

and as time goes on,

we will find more.

The grand realization is that

we have total energy abundance

without the need

for pollution,

traditional conservation,

or in fact, a price tag.

And what about

transportation?

The prevailing means

of transportation

in our societies

is by automobile and aircraft,

both of which predominantly

need fossil fuels to run.

In the case of the automobile,

the battery technology needed

to power an electric car that can go

over a hundred miles an hour,

for over two hundred miles

on one charge,

exists and has existed

for many years.

However, due to battery patents,

controlled by the oil industry,

which limits their ability

to maintain market share,

coupled with political pressure

from the energy industry,

the accessibility and affordability

of this technology is limited.

There is absolutely

no reason,

other than pure,

corrupt profit interests,

that every single vehicle

in the world

cannot be electric and utterly clean,

with zero need for gasoline.

As far as airplanes,

it is time we realize that

this means of travel is inefficient,

cumbersome, slow

and causes far too much pollution.

This is a MagLev train.

It uses magnets

for propulsion.

It is fully suspended

by a magnetic field

and requires less then two percent

of the energy used for plane travel.

The train has no wheels,

so nothing can wear out.

The current maximum speed of

versions of this technology,

of this technology,

as used in Japan,

is three hundred and sixty one

miles per hour.

However, this version of the technology

is very dated.

An organisation called ET-3

which has connections

with The Venus Project,

has established

a tube-based MagLev

that can travel

up to 4000 miles per hour

in a motionless, frictionless tube,

which can go over land or under water.

Imagine going from L.A to New York

for an extended lunchbreak

or from Washington D.C.

to Beijing, China, in two hours.

This is the future of continental

and intercontinental travel.

Fast, clean, with only

a fraction of the energy usage

we use today

for the same means.

In fact,

between MagLev technology,

advanced battery storage

and geothermal energy,

there will be no reason

to ever burn fossil fuels again.

And we can do this now,

if we were not held back

by the paralyzing profit structure.

Now America is inclined

toward fascism.

It has a propensity by

its dominant philosophy

and religion to uphold

to fascist point of view.

American industry is essencially

a fascist institution.

If you don't

understand that,

the minute you punch that time clock,

you walk into a dictatorship.

We're given notions

about the respectibility of work.

And I realy look at it

as being paid slavery.

You brought up

to believe that

you shall earn your living

by the sweat of your brow.

That holds people back.

Freeing people

from drudgery, repetitive jobs

which make them ignorant.

You rob them.

In our society, that is

a resourced-based economy,

machines free people.

You see,

we can't imagine that because

we've never known

that kind of world.

If we look back

at history,

we see a very clear pattern

of machine automation,

slowly replacing

human labour.

From the disappearance

of the elevator man

to the near full automation of

an automobile production plant,

the fact is, as technology grows

the need for humans in the work force

will continually be

diminished.

This creates

a serious clash,

which proves the falsness of

the monetary-based labor system,

for human employment

is in direct competition

with technological

developement.

Therefore, given the fundamental

priority of profit by industry,

people through time

will be continually layed off

and replaced by machine.

When industry takes on a machine

instead of shortening the work day,

they downsize.

You loose your job

so you have a right to fear machines.

In a high technology,

resourced-based economy,

It is conservative to say that

about 90% of all current occupations

could be phased out

by machines,

freeing humans to live their life

without servitude.

For this is the point

of technology itself.

And through time,

with nanotechnology

and other highly advanced

forms of science,

it is not farfetched to see

how even complex

medical procedures

could be performed

by machines,

as well.

And based

on the pattern

with much higher success rates

than humans get today.

The path is clear,

but our monetary-based structure

which requires labour for income,

blocks this progress,

for humans need jobs,

in order to survive.

The bottom line is

that this system must go

or we will

never be free

and technology

will be constantly paralyzed.

We have machines

that clean out sewers

and frees a human being

from doing that.

So look at machines as

extensions of human performance.

Furthermore, many occupations today

will have simply no basis

to exist in a

resourced-based economy.

Such as anything assosiated

with the management of money,

advertising,

along with a legal system itself.

For, without money,

a great majority of the crimes

that are commited today,

would never occur.

Virtually,

all forms of crime

are consequence

in the monetary system,

either directly or by nevroses

inflicted through financial deprevation.

Therefore, laws themselves

could eventually become extinct.

Instead of putting up a sign:

'Drive carefully', 'Slippery when wet',

put abrasive on the highway,

so it is not slippery when wet.

And when a person

gets in a car that drunk

and a car oscillates

at great deal,

there's

a little pendulum

that swings up

and back

and that will pull the

car over the side...

Not a law.

A solution.

Put sonar and radar on automobiles

so they can't hit one another.

Man-made laws

are attempts

to deal with

occuring problems

and not knowing

how to solve them...

They make a law.

In the United States,

the most privatised,

capitalist country

on the planet,

it shall come

as no surprise

that it also has the largest

prison population in the world.

Growing every year.

Statistically, most of

these people are uneducated

and come from poor,

deprived societies.

And contrary

to propaganda,

it is this

enviromental conditioning,

which lures them into

criminal and violent behavior.

However,

society looks the other way

in regard

to this point.

The legal and prison systems

are just more examples

of how our society

avoids examining

the root causes

of behavior.

Billions are spent

each year

on prisons and police,

while only a fraction

is spent on

programs for poverty,

which is one of the most

fundamental variables

responsible for crime

to begin with.

And, as long as

we have an economic system,

which preferes

and in fact,

creates scarcity

and deprivation,

crime

will never go away.

If people have access

to the necessities of life

without survitude, debt,

barter, trade,

they'd behave

very differently.

You want all these things available

without a price tag.

Now then, you're not gonna

have a price tag,

what will

motivate people?

A man gets everything he wants,

he's just laying around in the sun.

This is the myth

they perpetuate.

People in our culture

are trained to believe

that the monetary system

produces incentive.

If they have access to things,

why should they want to do anything?

They would

loose their incentive.

That's what you're taught

to support the monetary system.

When you take money

out of the scenario,

there would be different incentives,

very different incentives.

When people have access

to the necessities of life,

their incentives change.

What about the moon

and the stars?

New incentives arise.

If you make a painting

that you enjoy,

Zeitgeist: Addendum (2008) - full transcript