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Recession: Economic Slavery

Written by Segololo from the blog TeleSegolic View Vision on 24 Jun 2009
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The rich, get richer; the poor, get poorer; the hungry, die… yah, that is life! Whilst the world doesn’t belong to any of us – we are born naked into a world, we grow up in a society that teaches us that we need to earn our right to be here, we work ourselves to the bone (while the rich sit in yacht all over the world enjoying the money we generated for them to have freedon to live) – we die and leave the world with nothing. Is this really what life is supposed to be like? Are we economic slaves? Isn’t there enough in the world to sustain all of us – every living being – without wars, hunger, poverty and pain? 

I had the pleasure of watching an eye-opening doccie called Zeitgeist Addendum about the economy, the world, life, human beings and the rules of the elite (governments and the wealthy) – and I was gob-smacked at how the ordinary human being tows the line just to survive. The world is in an economic recession – What is an economic recession? who is affected? The wealthy? The poor? The economic slaves? Mhhhhh! 

The guests that speak on the doccie are 

John Perkins – Author of Confessions of an economic hitman
Jacque fresco. - Industrial designer and a social engineer
Roxanne Meadows – The Venus project 

I took some excerpts from the transcript and pasted them below.. 

Excerpts from http://www.zeitgeistmovie.com/transcript_add.htm 

In a world where 1% of the population owns 40% of the planet's 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. 

For in our financial system money is debt and debt is money
There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.-John Adams-1735-1826 

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. And what do people do when in debt? They submit to employment to pay it off. But, if money can only be created out of loans, how can society ever be debt free? It can't. 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 the money supply itself created by the interest that can never be repaid… that keeps the wage slave in line… running on the hamster wheel with the 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 day, who are you really working for? The banks. Money is created in a bank and invariably ends up in a bank. They are the true masters along with corporations and governments they support. 

Physical slavery requires people to be housed and fed. Economic slavery requires the 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, continue to perfect and expand their tactics of economic warfare…spawning new bases… such as the World Bank and International Monetary Fund… while also inventing a new type of soldier… the birth of the economic hit man. 

[FRESCO:]
'What's in it for me', is the way people think. And so if a man makes money selling a certain product, naturally he is going to fight the existence of another product that may threaten his institution. Therefore people cannot be fair and people do not trust each other. A guy will come over to you and say, "I've got just the house you're looking for". 

He's a salesman. When a doctor says 'I think your kidney has to come out', I don't know if he's trying to pay off a yacht, or that my kidney has to come out- it's hard in monetary system to trust people. 

And the question that is raised by politicians is " how much will a project cost?" The question is not "how much will it cost?" - "Do we have the resources?" and we have the resources today, to house everyone, build hospitals all over the world, build schools all over the world, the finest equipment in labs for teaching and doing medical research. So you see, we have all that, but we are in a monetary system, and in a monetary system- there's profit. 

[FRESCO:]
When industry takes on a machine, instead of shortening the workday, they downsize, you lose your job, so you have a right to fear machines. 

MEADOWS:]
Were given notions about the respectability of work. And I really look at as being paid slavery.

[FRESCO]:
You're brought up to believe that you shall earn you 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 resource-based economy, machines free people. You see, we can't image that, because we've never known that kind of world. 

[MEADOWS:]
There is no human nature, there's human behavior, and that's always been changed throughout history. You're not born with bigotry and greed and corruption and hatred. You pick that up within the society. 

[FRESCO:]
War, poverty, corruption, hunger, misery, human suffering will not change in a monetary system. That is- there will be very little significant change. It's going to take the redesign of our culture, our values, and it has to be related to the carrying capacity of the earth. Not some human opinion or some politician's notions of the way the world ought to be… or some religious notions of the conduct of human affairs.

You can visit this website - http://www.thezeitgeistmovement.com/joomla/index.php?Itemid=50 to learn more…




7 Comments

Mafresh
24 Jun 2009 12:02

Hoooray, im here first.

Go utlwisa bohloko e le tota. I've just checked interest gained on my money market account after reaching what I believed was gonna get me better interest.

TerryN
24 Jun 2009 12:06

I WAS HERE  FIRST MAFRESH...BUSY READING...OK?

Lady D
24 Jun 2009 20:58

we are excpecting interest cut tommorrow!its really bad,recession affected the poor more than the rich!

sjura
24 Jun 2009 21:01

2 lazy 2 read!

realist
25 Jun 2009 06:29

we are excpecting interest cut tommorrow!
I hear they will reduce by half basis point, so say some economist. I am hoping for one basis point cut. Economist are dimwits just like politician, they can never give you a factual point. They always beat about the bush when it comes to interest rates.

Tito, next time when you increase interest rates, increase them by 5 basis points. That way we will stop to spend immediately and thereby make you happy by reducing the inflation. 

recession affected the poor more than the rich!
True

Cande
25 Jun 2009 21:44

Unfortunately there wasnt a decrease

ngwana
29 Jun 2009 12:11

Zeitgeist is a total eye-opener (I love the stuff on religion the most) the fractional reserve policy screws us all.


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