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Zeitgeist - Addendum

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The old appeals to racial, sexual or religious chauvinism, to rabid nationalist fervor are beginning not to work. The business of who I am, or whether I'm good or bad, or achieving or not, all that's learned along the way. It's just a ride, we can change it anytime. 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 saying how much important it is to bring about in the human mind the radical revolution. The crisis, is a crisis of 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. It is no measure of health to be well adjusted to a profoundly sick society. 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. None are more hopelessly enslaved than those who falsely believe they are free. -Johann Wolfgang von Goethe- 1749-1832 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 than 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 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 a 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 banks 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 ten 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 banks 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? 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 of definitively. For inverse relationship is obvious. One dollar in 1913 required $21.60 in 2007 to match value. That is a 96 percent 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 to 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. "If there were no debts in our money system, there wouldn't be any money." 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 banks 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 in to the system. Caused by the need to pay the interest. What this also means, is that mathematically the 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 is 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 cosideration [a contract's basis. a contract is founded on an exchange of one form of consideration for another.] 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 theoratical 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 - banks president - admitted that, in combination with the Federal Reserve Bank, did create the money and credits upon its books by bookkeeping 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 that capital shall control labor by controlling wages." This can be done by controlling the money. It will not do to allow the Greenbank... 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. What the 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 cant, and that´s the point. And it is the fear of losing 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 continued to perfect and expand their tactics of economic warfare Spawning new bases, such as the World Bank and International Monetary Fund [IMF], while also inventing a new type of soldier. The birth of the economic hitman. There are two ways to conquer and enslave a nation. One is by sword. The other is by debt 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, 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 that 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 our Corporations. But really dont have the majority to people that all. How ever, those people the whole country is left holding the huge debt. It's such a big debt they can't repay, and that's the part of the plan... They can't repay it ! And so, in some point, we economic hitman, go back to them and say "Listen" "You lost a lot of Money. Can't pay your Debt. So..." "Sell your oil " "Real cheap to our oil companies" "Allow us to build a Military Base in your Country..." "Send troops and support one of our's, to some place in the world like..." "Iraq or [?vote for us in the next UN [???]" To have their electric utility company privatized and their water and sewing system privatized and sold to US corporations or other multinational 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 repay it ! And then they offer to refinance that debt, and pay them 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 foreign corporations. So it's a double - triple - quadruple /planning/ The preceptive for a Economic Hitman really began back in the early 50's when democratically elected "Mossadegh" who was elected in Iran... He was considered to be "The hope for Democracy" in the middle east or around the world. He was in Time-Magazine's man of the year. But... one of the things that he brought on and end the 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 /currently/ with a few million dollars, and was very very effective and official and in a short of time, he managed to get Mossadeg overthrown and brought in the shar of Iran to replace them, who always was favorable to oil, and it was really effective Bombs over flood Iran an army officer shouts that Mossadeg has surrendered and his regime as virtual dictator of Iran has ended pictures of the shar are paraded through the streets as sentiment reverses the tzar is welcome home so back here in the United States, in Washington, people looked around and said "wow, that was easy and cheap" so this established the 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 ratifications 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, it would be no govermental ramifications. when Árbenz become president of Guatemala, the country was very much under the thumbs of United Fruit company The big international cooperations and Árbenz ran on this ticket that said: "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 [?]handrights[?] back to the people. "United Fruit" didn't like that very much, and so they hired a public relations firm watch the huge campaign in the United States to convince the United States, the people...the citizens of the United States, the press of the United States and the congress of the United States, that Árbenz was a soviet puppet. And that if we allowed him to stay in power the Soviets would have a foot hole 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 they often relatively brutal. Then it was decided to have a truely democratic ellection. Jaime Roldos ran for offence and his main goal , he said, as president woud be... ... to make sure that Ecuador's resources were used to help the people. And he won ! Overwhelming. [?????????]anything in Ecuador. And he began to implement these policies. To make sure that the profits from Oil whant to help the people. Well... We didn't like that in the United States. I was send down as one of several Economic Hitman to change Roldos . To corrupt him . To bring 'em let him know... you know. "You can get very rich, if you and your family play our game." "But if you continue to try to keep these policys you promised... ah... You gonna go !" He woudn't listen... He was assassinated ... This process of manipulation by the corporatocracy through the use of debt, bribery and political overthrow is called : Globalisation Just as the Federal Reserve keeps the american public in a postion of indentured servetude, though perpetual debt, inflation and interest the Worldbank and IMF serve this role on a global scale. The basic scam is simple : Put a country in debt you divide is own in disgression - or through corrupting the leader of that country - than 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 indigenes resources available to predator countries at a fraction of their worth. Large funding cuts for social programs, these usually include education and healthcare, 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 Worldbank insisted that the bolivian government sell the public watersystem of it's third-largest city to a subsidy of the US-corporation "Bechtel". As soon as this occured waterbills for the allready 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 indigenes production and ruining local economies. An example is Jamaica, which after accepting loans and conditionalities from the Worldbank 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, inhuman sweetshop-factorys, which take advantage of the imposed economic hardship. Additionally, due to production-deregulation, 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 othe And, as protective trade-barriers are broken down, currencies tossed together and manipulated in floating markets, and State economies overturned in favor of 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 Carbine, 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. Biel. The world is a college of corporations, inexorably determined by the immutable bylaws of business. The world is a business Mr. Biel. 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 de 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 that chooses to challenge the establishment. This isn't to be confused with the fictional 'Al Qaida', which as actually the name of a computer database of the U.S.-supported Mudjahedeen 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 Irak and Afghanistan So the corporatacity can control energy resources and opium production for Wall St. profit Before 1980, Afghanistan produced 0% of the world's opium After the US/CIA backed Mujahideen won the Soviet/Afghan war. by 1986 they were producing 40% of the world's heroin supply. By 1988, they were producing 80% of the total market supply. But then, something unexpected happened. The Taliban rose to power, and by 2000 they had destroyed most of the opium fields. Production dropped from 3.000+ tons to only 185 tons, a 94% reduction. On Sept. 9th 2001, the full Afghanistan invasion plans were on President Bush's Desk Two days later they had their excuse Today, opium productions in US controlled Afghanistan, which now provides more than 90% of the world's heroin, breakes new production records nearly every year. 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 terrorattacks for the sake of manipulation? Or that generates "Build-in-Modes" of social operation, wich are inherently exploited. Or that systematicly reduces several libertys, and violates human rights. In order to protect it self, from it's own shortcomings. How do we deal with the numerous [??Co???] Institutions ? Such as the Council on Foreign Relations ? The The Trilateral Commission and the Biderberg Group ? and other undemocraticaly elected groups which behind closed doors [???] to control the political, financial, social and enviromental elements of our lives. in order to find the answer, we must first find, the true undermind cause For the fact is, the selfish, corrupt, power and profit based groups are not the true source of the problem They are symptoms ! Greed and Competition are not the result of immutable human temperament ...greed and gear of scarcity are in fact being created and amplified the direct consequence is that we have to fight with each other in order to survive Bernard Liertaer-founder of the EU currency System my name is Jacque Fresco, i´am an industrial designer and a social engineer i´am very much interested in society and developing a system that might be standable for all people first of all, the world corruption is a monitory invention, that aberrant behavior, behavior that's destructive for the well being of people, or you dealing with human behavior and human behavior appears to be environmentally determinant meaning, if you were raised by the seminole indians as a baby, never saw anything else you hold that value[???] and this goes for nations, for individuals, for familys they try to indoctrinate their children to their preticular faith in their country and make them feel like their are part of the land and they built a society, which they call established they established a workable point of view and intend to perpetuate that whereas, all societies are really emergent, not established and so they fight new ideas, that would [?indefer?] with the establishment Goverments try to[???] tha 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 make it clear: all nations[???] are basicly corrupt beacause they turn to [?uphold?] existing institutons i don´t mean to uphold, or downgrade all nations, but communism, socialism,facism, the free enterprise-system and all other sub-cultures are the same they are all basicly corrupt the most fundamental characteristic of our social institutions is an [?assasity?] for Self-Preservation, but they´re dealing with the cooperation from religion or goverment the foremost interest is to preserve the institution itself for instance the last thing an oil company would ever want is the [???] of energy, that was outside of it´s control 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 /inevitably/ leads to strategic corruption, power an wealth consolidation, social stratification, technological paralisis, 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 Both people recognize this as "Corrupt-behavior" When a person get's fired from their job, because a new machine has been created, witch 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: Wether it is dumping toxic waste. Having a monopoly enterprise or downsizing the workforce, the motiv is the same ! Profit ! They are all different degrees of the same self-preserving machinism, which always put's the well-being of people second to monetary gain. Therefor, corruption is not some "Byproduct" of Monetaryism. It is the very Foundation ! 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 than 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 /gog/ 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 that 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 A resource based economy 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, it they're there at all The 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 that solving that problem, than 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 livestyle 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 'cause the public is not that well enough informed as to the state of technology Energy 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 1/100 of this energy the world would never have to use oil, gas or anything else The question it is not availability but the technology to harnesst 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 Americas 50 states it could power the entire nation And there are the rather unknown mediums of tidal and wave power Tidal power is derived from tidal /shuts/ 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 oceans is estimated to have a global potential of up to 80.000 terawatt-hours a year. This means 50% of the entire planets 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 zetajule of power are currently available in the earth with the possibility of 2.000 ZJ 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 and 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 affordability and accessibility of these technologies is limited. There is absolutely no reason, other than pure, corrupt profit intersts, that every single vechicle in the world cannot be electric, and utterly clean, with zero need for gasoline. As far as airplanes, it is time we realized that this means of travel is inefficient, cumbersome, slow and causes far too much pollution. This is a mag-lev 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, 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 ET3 which has connection with the Venus project, has established a two-based mag-lev 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 mag-lev technology, advanced battery storage and geothermal energy there will be no reason to ever burning fossil fuel again. And we can do this now, if we were not held back by the paralyzing profit structure. Now America is inclined towards 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 dont understand that, the minute you punch that time clock you woke into a dictatorship. We are given notions about the respectibility of work. And I realy look at it as being paid slavery. You brought up to belive that you chill are and you are 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 cant imagine that because we 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 dissapearence 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 continioully be demineshed. This creates a serious clash, which proves the falsness of the monitary based labour system. For human employment is in direct competition with technological developement. Therefore given the fundamental priority pf 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 faced out by machines. Freeing humans to live their life without servitude. Because this is the point of technology itself. And through time with nano technology and other highly advanced forms of science it is not far fetch 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. Humans need jobs in order to survive. The bomb line is that this system must go or we wont ever be free and tychnology will be constantly paralyzed. We have machines that clean out sewers and free as a human being doing that. So look at machines as extensions of human performance. Further more 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 crimes are consequence in the moneatry 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 a [???????] on the highway so it is not slippery when wet. And when a person gets in car that drunk and a car oszilates at great deal there's a little pendulum that swings up and back, (???) to pull the car over the side - not a law. Solution. ? 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 nof these people are uneducated and come from poor, deprived societies. And contraire to propaganda, it is this enviromental conditioning, which lures them into criminal and violent behaviour. However society, looks the other way and regard to this point. The legal and prison systems are just more examples of how our society avoids examining the root-causes of behaviour. Billions are spend each year on prisons and police, while only a fraction is spend 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 infact creates scarcity and deprivation, crime will never go away. If people have access to the necessities of life without survitude, dead, ??, trade, they'd behave very differently You want all this things availabe without a price (??) Now then (?? you gonna have a price ?????) what on motivate people Men gets just everything what he wants, he's just lay around in the sun. This is the mist they perpetuade. People in our culture are trained to believe that the monetary system produces incentive: If they have access to all 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 scenerio, 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, you will enjoy giving it to other people - not selling it. I think most of the education, that I've seen today, is essentially producing a person for a job. It's very specialized. They're not generalists. People don't know a lot about a lot of different subjects. I don't think you can get people to go to war, if they knew a lot about a lot of things. I think education is mostly rote and they're not taught how to solve problems - they're not given the tools - emotionally or whithin their own field - of how to do critical thinking. In a resource based economy, the education would be very different. Our society's major concern is mental devellopment and to motivate each person to their highest potential. Because our philosophy is to (?slaughter?) people are the rich of the world because everybody becomes a contributor. The smarter your kids are, the better my life will be. Because they'll be contributing more constructively to the environment and to my life. Because everything that we devise with an resource based economy would be applied to society. There would be nothing to hold it back. Patriotism, weapons, armies, navies - all that is a sign, that we're not civilized yet. Kids will ask their parents: Didn't you see the necessity of the machines? That, couldn't you see, that war (?? never to ??) when you produce scarcity? Isn't it obvious? Of course, the kid will understand that you're pinheads - raised merely to serve the established institutions.

Video Details

Duration: 2 hours, 3 minutes and 7 seconds
Country: United States
Language: English
Views: 34,587
Posted by: crashovermind on Oct 4, 2008


Unfortunately someone set the English transcription as complete before it really was... ;-(


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