Zeitgeist: Addendum

Here is a two hour documentary by Peter Joseph from July 2008 explains so much of the backgrounds of a “corporatocracy” today, an unsustainable “monetary-ism” and religious deception that causes social and economic distress.

»Zeitgeist: Addendum« is a sequel to the documentary »Zeitgeist« from 2007:

Zeitgeist: Addendum, attempts to locate the root causes of this pervasive social corruption, while offering a solution. This solution is not based on politics, morality, laws, or any other “establishment” notions of human affairs, but rather on a modern, non-superstitious based understanding of what we are and how we align with nature, to which we are a part

The movie portraits the Venus Project – a life long futuristic vision of Jaques Fresco of a sustainable society. Unfortunatly the site looks like a study site for futuristic industrial design and technology and thus fails to generate interest for the socio-political subtext of Frescos work.

Unfortunatly, while the movie does extensively talk about a global vision, it remains a US centric view as the critisism is focusing on the US agenda. And thus it falls short in the ideas of how to initiate change in the system.

But much of the movie very well explains the problem of the current monetary system and how it came into being.

Information Design and the Monetary System

I am personally interested in how the lack of information or proper presentation of that information led to the current financial crisis. Obviously the information was available — but not well understood, not correctly aggregated or falsely interpreted by politicians that were responsible for phony policies and flawed legislations.


Let’s play Bailout

It seems US government is denying its responsibility for the financial crash — and even trying to get away with new mistakes by pushing congress to agree on a plan that is hardly removing the source of the problem.


Bailing out in the wrong direction

US Government is suggesting a $700 billion financial package to prevent a chain reaction at Wall Street. The US national debt to over $10 trillion dollars with just a single decision.

Interestingly there are many experts that tell their own story about what this all means on the long run.

Someone may wonder where this money is coming from. And very simply said there are two sources:

a) Nothing… Thin air!

This could be done by simply done by “claiming” that there’s $700.000.000.000 dollars more in the world. This is suggesting that this money is covered by something else and it also allows the value of the dollar to degrade for anybody (but there are other reasons as well). In 2008, for example, it took $21.57 to buy what $1 bought in 1913 (Source)

Experts like Peter Schiff are punding the topic of the collapse of the dollar since years – and other experts try to cover it up. Just watch this piece:

Peter Schiff is also favouring the gold standard:

b) The future

The “future” is… the future taxes, prices and hard work. The “average Joe” is paying it with less social security, less pansion, less money in the pocket for more and longer work.

The only politician in the US that obviously does not try to cover it up seems to be – who else – Ron Paul. Watch his comment here: