Money is a new form of slavery and is only distinguishable from the old slavery simply by the fact that it is impersonal—that there is no human relation between master and slave. Debt in government, corporate and household has reached astronomical proportions. Where does all this money come from? How could there be that much money to lend? The answer is that there isn't...
Part one explains the workings of the modern money system by explores the foundations of fractional-reserve banking. New money enters the economy through the indebtedness of borrowers, thus not only obligating the public to the money-issuing private banks but also creating an endless and self-escalating debt that can never be repaid.
Bailouts, stimulus packages, debt piled upon debt—where will it all end? How did we get into a situation where there has never been more material wealth and productivity and yet everyone is in debt to bankers? And now, all of a sudden, the bankers have no money and we the taxpayers, have to rescue them by going even further into debt! If this is puzzling to you, you are not alone. Very few people understand, even though all of us are affected—and this is by design...
The final part of this series dispels the popular misconception that interest is the structural root of money problems, and shows clearly why the prevailing and generally unquestioned concept of money as a single uniform commodity is the real cause of persistent money system dysfunction and huge social inequalities. There is now, and there has long been, an alternative way to do “money”. Part three illustrates in detail, how a fundamental change in the long-held concept of money, paired with recent technology could open the door to a self-generating, self-balancing and sustainable global “money” backed by real value; open to all.
For millions of people, the global economic collapse has generated curiosity about how money systems actually work, as opposed to how they're portrayed, especially when so many financial pundits seem to be baffled. In The Ascent of Money, economist Niall Ferguson works through some history that created today's money system, visiting the locations where key events took place and poring over actual ledgers and documents, such as the first publicly traded share of a company. Viewed with a critical eye, this series aims to show how the history of money is indeed at the core of civilisation, with economic strength determining political dominance, wars fought to create wealth and individual financial barons determining the fates of millions.
From Shylock's pound of flesh, to the loan-sharks of Glasgow; from the “promises to pay” on Babylonian clay tablets, to the Medici banking system; this first episode explains the origins of credit and debt and why credit networks are indispensable to any system of power.
The Ascent of Money - Human Bondage How did finance become the realm of the ruling class? Through the rise of the bond market in Renaissance Italy. With the advent of bonds, war finance was transformed and spread to north-west Europe and across the Atlantic. It was the bond market that made the Rothschilds family the richest and most powerful family of the 19th century.
Why do stock markets produce bubbles and busts? In this episode, we go back to the origins of the joint stock company in Amsterdam and Paris. This draws telling parallels between the current stock market crash and the 18th century Mississippi Bubble of Scottish financier John Law and the 2001 Enron bankruptcy. We see why members of this culture have a herd instinct when it comes to investment, and why no one can accurately predict when the bulls might stampede.
The Ascent of Money - Risky business (Episode 4) -Documentary Film Life is purportedly a risky business—which is why people supposedly take out insurance. But faced with an unexpected disaster, the state 'steps in.' This episode travels to post-Katrina New Orleans to ask why the free market can't provide some of the adequate protection against catastrophe. The quest for an answer takes us to the origins of modern insurance in the early 19th century and to the birth of the welfare state in post-war Japan.
It was the greatest economic crime in the history of money that sounded so simple: Give state-owned assets to private interests. After all, what better foundation for a “property-owning democracy” than a campaign of privatisation encompassing housing? Capitalist theory says that markets can't function without mortgages, because it's only by borrowing against their assets that entrepreneurs can get their businesses off the ground. But what if mortgages are bundled together and sold off to the highest bidder?
The final part of the series investigates the globalisation of the Western economy and the uncertain balance between the important component countries of China and the United States. In examining the last time globalisation took hold—before World War One—we find a notable reversal; namely that today, money is pouring into the English-speaking economies from the developing world, rather than out.
From its #origins as the Office of Strategic Services in the 1950s until present as the #CIA, president #HarryTruman 's creation has been the object of mystery, thrills and fear to people all over the #world with even the #WhiteHouse fearing the agency. With #resources to #assassinate #political #Leaders, overthrow governments and start wars, Secrets Of The CIA documents these operations of the CIA from the perspective of ex-agents as they speak about their experiences working for the CIA, tell of what they were required to do in places like #SouthAmerica, #Europe and in the #UnitedStates, and how they enjoyed the #work... James Otis 1998 http://www.dailymotion.com/video/x5uspm1
From its #origins as the Office of Strategic Services in the 1950s until present as the #CIA, president #HarryTruman 's creation has been the object of mystery, thrills and fear to people all over the #world with even the #WhiteHouse fearing the agency. With #resources to #assassinate #political #Leaders, overthrow governments and start wars, Secrets Of The CIA documents these operations of the CIA from the perspective of ex-agents as they speak about their experiences working for the CIA, tell of what they were required to do in places like #SouthAmerica, #Europe and in the #UnitedStates, and how they enjoyed the #work... James Otis 1998
Part two shows how the modern scientific perspective of the natural world is actually a fantasy. It has little to do with the reality of nature. It is based on mechanistic ideas that were projected on to the natural world in the 1950s by scientists: That nature is a giant cybernetic machine of order that sees humans, and everyone else on the planet, as merely cogs in that machine. In an age disillusioned with modern politics, these ideas began to take on a new appeal, as the “self-regulating ecosystem” model became the basis for the utopian vision of society where technocrats would provide new ways of governing without leaders or politics, along with global visions of connectivity analogous, they claim, to the Gaia theory. These ideas emerged out of the hippie communes in the United States in the 1960s and from counter-culture computer scientists who believed that global webs of computers could liberate the world. But, at the very moment this was happening, the science of ecology discovered that the theory of the self-regulating ecosystem wasn't true. Instead what was found was that nature is really dynamic and constantly changing in myriad ways. But it was too late, the dream of the self-organising network had already captured the imagination of the technologists and the wider culture, unwilling to revise technological “progress.”
“Donald Trump's business partners have included Russian oligarchs and convicted mobsters, which could make the president guilty of criminal racketeering charges,” wrote Steven Rosenfeld at AlterNet on Friday.
He continued, “That's only one of the eyebrow-raising takeaways from a 45-minute Dutch documentary that first aired last week, 'The Dubious Friends of Donald Trump, Part 1: The Russians.'”
The 45-minute documentary was produced by Zembla TV and examines Trump's alleged relationship with Russian mobster Felix Sater — which Trump reportedly took pains to hide from regulators.
It also looks at Trump's arrangements with wealthy Russians that apparently allow them to move their money outside Russia and details the elaborate financial networks these families use as a “pyramid scheme for money laundering,” Rosenfeld said. “The financial trail exposed raises questions about whether Trump fired FBI Director James Comey because the FBI's investigation of his campaign's collusion with Russia was encroaching into Trump's world of dark money and dubious business partners.”
Zembla promoted the documentary by saying, “For months, the FBI have been investigating Russian interference in the American presidential elections. ZEMBLA is investigating another explosive dossier concerning Trump's involvement with the Russians: Trump's business and personal ties to oligarchs from the former Soviet Union. Powerful billionaires suspected of money laundering and fraud, and of having contacts in Moscow and with the mafia. What do these relationships say about Trump and why does he deny them? How compromising are these dubious business relationships for the 45th president of the United States? And are there connections with the Netherlands? ZEMBLA meets with one of Trump's controversial cronies and speaks with a former CIA agent, fraud investigators, attorneys, and an American senator among others.”
Zembla has also released Part Two of the series, “The King of Diamonds,” which explores Trump's relationship with Israeli billionaire Lev Leviev, who is suspected of trading in blood diamonds.> <