Saturday, December 13, 2008

Zeitgeist 2 (AKA Zeitgeist Addendum)

Zeitgeist: Addendum, a 2008 documentary film produced by Peter Joseph, is a continuation of the film Zeitgeist, the Movie. The film discusses the Federal Reserve System in the United States, the CIA, corporate America, other government and financial institutions, and even religion, concluding that they are all corrupt institutions detrimental to humanity and are in need of replacement.

The film advocates "The Venus Project" as a possible solution. According to director Peter Joseph, the film "attempts to locate the root causes of this pervasive social corruption, while offering a solution". In its conclusion, Addendum stresses the need for belief systems to embrace the ideas of emergence and interdependence. He outlines concrete steps that can be taken to weaken the monetary system. The film suggests actions for "social transformation", which include boycotts of the large banks that make up the Federal Reserve System, the mainstream media, the military, and energy companies. It is also suggested that people reject the political structure.

Part I criticizes the practice of Fractional-reserve banking and criticizes the creation of money through loans. The film's argument goes as following: Dollar bills get printed, or the money supply is increased, when the Fed buys Treasury Bonds. This money ends up in commercial banks.

Then, once that money becomes a reserve in banks, it becomes "multiplied" through the Fractional-reserve system, and then loaned to customers. The film claims that such a system is "absurd" because the Interest that must be paid for the money that was loaned does not exist; it was never created. The film compares this system to a game of musical chairs, in which a person will always be left out. This subject is also touched in the first Zeitgeist film.

Part II is a documentary style interview with John Perkins, in which he describes his role as a self-described economic hitman. He claims he helped CIA and the ruling political/corporate elites who have worked to undermine legitimate foreign regimes that put the interests of their populations before those of transnational corporations.

Part III describes The Venus Project, a proposal created by Jacque Fresco. The film promotes the Venus Project as a sustainable solution for mankind on Earth. Its main goal is to produce a "resource-based economy" using modern technology.

Part IV states that everything wrong with the world is "fundamentally the result of a collective ignorance of two of the most basic insights humans can have about reality -- the 'emergent' and 'symbiotic' aspects of natural law." The film then suggests actions for "social transformation," such as boycotts of large banks, the mainstream media, the military and energy companies; rejecting the political structure; and "creating critical mass."

More documentaries like this...


The Secret History of the Credit Card

Money as Debt Documentary

Own this important documentary on DVD...

1 comment:

Geoffrey said...

This is interesting , I came across this video which is shorter and more clear than anything I ever saw. It is spreading throughout the net pretty fast. It actually contains a positive message for development of all humanity.