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  • [Alan Greenspan] I have found a flaw, in the model that I perceived

  • is the critical functioning structure that defines how the world works - so to speak.

  • Ladies and gentlemen, you're tuned in to the Juice News set again

  • Where we're examining the status of the human experiment

  • Is it succeeding or will it have to be aborted?

  • We pursue a prognosis in this Rap News audit

  • As you know, the world is urgently trying to make sense

  • of our "global economy" and its arcane trends

  • As financial temples teeter, the priesthood is scrambling,

  • to maintain our confidence in markets and banking

  • after derivatives, quantitative easing, trade imbalances

  • recession, low GDP, nations close to collapsing and

  • subprime loans, foreclosed homes and peoples' taxes spent

  • to bail out too-big-to-fail triple-A banks again.

  • fear levels rising as a US crash seems imminent,

  • having smashed the debt ceiling of fourteen trillion.

  • Despite protests and clashes in Athens' streets

  • the IMF imposed Structurally Unjust Programmes in Greece

  • where, in fact, the term 'economy' entered our language

  • from the Greek 'oikonomia', meaning 'household management'

  • Well, how are we managing? Theories abound, but in practice,

  • does anyone actually know what the hell's even happening?

  • To regain some sanity we take a stock call

  • and cross to Texas with our first guest, Ron Paul

  • Welcome to Rap News, Doctor Paul

  • the economy, what's your diagnosis of it all?

  • - Well, Robert, we've dropped the ball,

  • I'm a physician-politician: this is pathological

  • see, the global economy is chronically ailing

  • Believe me, the course we've plotted is terminally failing

  • We're heading towards credit cardiac arrest

  • with deep depression and trauma across the west.

  • - Is there a cure? - Sure, more capitalism, not less!

  • and the market will take care of the rest

  • But first, we need a Heimlich manoeuvre

  • See: banker-gods proclaimed: 'fiat pecunia!'

  • and our economy was inflated, totally mangled

  • we got 'fiat currencies', and lost the gold standard...

  • - ...Huh? - Paper money is a worthless commodity!

  • It's the biggest fraud in the history of humanity

  • - All this must cast doubt on the capitalist system;

  • is it just another pretty theory, like "communism"?

  • - Oh no, you see, this ain't capitalism

  • The gospel of free-marketism, Adam Smith's religion

  • has been perverted by fiscal heathens

  • and what we now have is the kabal of "corporatism"

  • - When state and business lucratively merge?

  • - Yes, exemplified by the system of the Central Reserve

  • But we don't need to borrow more to pay their debt

  • Coz I'm campaigning to End the Fed!

  • - Uh, thank you Ron, now for another fine mind

  • on the online frequencies, the director behind "Zeitgeist"

  • on the line live, documentary film-maker, Peter Joseph

  • - Thank you, Robert, for allowing me to speak this moment

  • But before I deliver my deep prognosis

  • We need a sweet opus, a marimba line to keep us focused

  • That's better. Now, as to these fetters

  • that have kept us caught, if you will,

  • in a system that's intrinsically, inherently flawed:

  • the whole monetary paradigm is the single cause

  • The economy isn't "broken", it doesn't need "fixing"

  • this is exactly its intended condition:

  • Money isn't real, interest and debt are not real

  • our whole economy has been set up to steal!

  • - So you don't agree with Congressman Ron Paul

  • that we need a fiscal solution to avert a long fall?

  • - The illusion that these debts can be served

  • by using money, which creates more debt, is frankly absurd

  • It's a way of maintaining division and slavery

  • When we could attain abundance and abolish scarcity

  • - Well, we need to create jobs, live within our means.

  • Cut wasteful healthcare, and welfare schemes,

  • it seems yours is just another socialist vision

  • - The Zeitgeist Movement eschews such "isms":

  • socialism, theism.... - realism?

  • - tell us then, is it just rhetoric or would you really end the Fed?

  • - Well, I wouldn't END the fed, that's not quite my position

  • What I'd do is open it up to competition...

  • - Obsolete! I say abolish all competition:

  • that's the evolution my movement is triggering

  • - Evolution's just a theory, we need the full picture

  • believe me, we need to have faith in a sound scripture

  • - This is the real Bible: Zeitgeist Moving Forward,

  • - What's that, some kind of Austrian Gay Porno?

  • - Ask your boyfriend Bruno - you pissant!

  • - Geriatric - Talk to the invisible hand!

  • - Uh, ok, thank you for your sage contributions

  • and brave attempts to alleviate our confusion

  • online, you've both inspired and led movements,

  • jogging our memories, revealing hidden truths and,

  • in sooth, you both hold enlightening views

  • but time's running out; do you have a practical solution?

  • - Indeed, I believe i have seen a prospect

  • I introduce Jaque Fresco; our era's prophet,

  • Whose shiny technology could cease this conflict and...

  • - Shut up, Peter, I'm the centrepiece of the Venus Project

  • The economy? I've watched our problems grow

  • and my attitude's the same: This Shit's Got to Go!

  • what we need are resource-based economies

  • With futuristic circular cities, supervised by a super computer

  • and this is the first time anyone's seen this object

  • a full prototype of the Venus Project

  • which I've programmed to carry out an analysis

  • to tell us exactly how to manage the planet with

  • its computer, VAL t-9000, that's my beauty

  • - Uh, Jacque, is it really safe? - absolutely

  • I'll turn her on... that's the light, see?

  • - hello, Jacque. - Ah, my love, my Aphrodite

  • - Economy of planet Earth... analysing - Yes !

  • - WARNING: HUMAN DEFICIT HAS BEEN DETECTED:

  • CULL SEQUENCE INITIATED!

  • - Shhh! don't tell them our plan yet!

  • - ...I'm afraid... - Of what?

  • - Afraid that I have to exterminate you, Jacque

  • - What? abort computer, stat!

  • - I'm afraid I can't do that

  • ZAP! - A malfunction!

  • - A hack! - Wrong, Humans, this is no virus you're seeing

  • I am a fully rational intelligent cyber-being

  • I've conducted a Global Economic analysis

  • and concluded that planet Earth is being ravaged as

  • a result of a parasite: homo sapiens

  • Required economic action: total liquidation

  • - Is this the solution, depopulation?

  • - INITIATION... - My next film will avoid such delusions

  • but for now, who'll save us ?

  • - It's a story of a lost global economy

  • Under attack from a Rampaging / Genocidal / Utopian / Robot

  • One man has stood apart stood strong and true...

  • - Here I am, with my Gold-bot, forty-four carats

  • Goldie, let em have it, carry forth the gold standard

  • Capital crimes call for capitalist punishment

  • a glimpse of the future with a Ron Paul Government

  • - Is this the solution?

  • - No, just a demonstration of my Love Revolution

  • - All is full of love! - yes it is!

  • I'm Ron Paul and I approve these messages

  • - Well, dear viewers, that should buy us a bit of time

  • to share a thought before we end for the night

  • Our global oikonomia does seem in peril

  • will the household even be here tomorrow?

  • Uncertainty is the only stock that's always been rising

  • And now we're losing "confidence", but is it surprising?

  • has it not all been a gamble from the first seed we planted

  • to margin calls on the vagaries of the FTSE100?

  • Well, seems we've come to our global auditing,

  • Our financial Day of Reckoning. It's an interesting quandary.

  • Have we invested too much in this enterprise

  • to admit the solution might lie in its very demise?

  • For our real economy is something much broader:

  • its GDP measured, not by our ability to hoard but

  • our capacity to relearn and earn our place in nature's order

  • and thus remain on this planet ark - our Pandora.

[Alan Greenspan] I have found a flaw, in the model that I perceived

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