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If you listen to Benito Mussolini, who knew a thing or two about fascism, he said that

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fascism is the merger of state and corporate powers.

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Now people will deny that and they'll say that's not exactly what he said, but if you

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really look into it, that's what he said.

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Milk is an important part of every good diet.

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Use the best grade of milk available to you.

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Disease may be contracted through drinking unsanitary raw milk.

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In 2010, there was a simultaneous raid on two different locations in California.

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Heavily armed agents stormed into private properties, arresting several U.S. citizens for dealing

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in a restricted substance.

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Now drug raids happen quite frequently in the U.S.

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It's just one of the ways the authorities keep us free from malicious and harmful substances.

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Only this wasn't a drug raid.

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The substance being sold wasn't crack or crystal meth or even bootleg hooch.

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It was milk.

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This is an example of just how heavy-handed the government is in routing out disfavored parties.

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In this case, the government operates on a public interest argument that raw milk is inherently unsafe.

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It is a breeding ground for bacteria, and because it is not pasteurized, the argument is it carries

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with it an enormous increased risk for consumers such that it shouldn't be available.

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This is the position of the Food and Drug Administration.

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And the government cracks down on this one segment.

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And they do so with brute force, sending in stormtroopers, essentially, and shutting down

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the milk plant in its entirety and confiscating all of the milk, regardless of whether it's

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contaminated or not.

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The FDA raided this organic market in order to keep us safe from the dangers of unpasteurized

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milk.

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Buying and selling unpasteurized milk, that is.

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They have no problem with you drinking raw milk if, say, you find a stray cow on the way home

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and decide to milk it yourself.

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But a reputable farmer trying to sell some to willing customers?

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That's a big no-no.

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Although this organic market was a club, with each member having signed a waiver acknowledging

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the potential risk of drinking raw milk, this was not good enough for the FDA.

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Did these people not realize that raw milk is a gateway food?

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What next?

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People eating cheese?

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Knocking back raw oysters, sushi, or, heaven forbid, eggs?

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Luckily, the FDA was there to step in and save these adults, at gunpoint, from the

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dangers of raw milk.

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The reason why pasteurized milk doesn't come under this scrutiny, and the reason why raw

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milk, as opposed to cheese, eggs, raw oysters, sushi, why they don't come under the same FDA

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scrutiny, is that the major milk manufacturers are a principal lobby within the FDA.

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They have very small profit margins per unit.

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And so if in Whole Foods and other places there are significant numbers of consumers who come

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in to buy raw milk products, it is a significant economic effect on the large milk processors.

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The California milk raids were not an isolated event.

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Over the past few years, there have been raids all across the U.S. to crack down on the sale

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of many organic products.

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But, despite any claims of safety concerns or risk, one thing is clear.

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The actions of the regulatory agencies, and by extension the politicians that manage them,

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are not motivated by any notion of public good.

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They're motivated by the desire to stay in power.

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And that takes money.

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The problem with the U.S. political system is that it revolves around money.

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And so, immediately, that sets off this dichotomy of those who can afford to play in the system

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and those who can't.

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To run for office, you need $1.5 million.

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You need about $11 million to run for the Senate.

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So if you don't have money, where do you go?

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You go to the people who have a hand stretched out with money, ready to fund your campaign,

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but they're going to want something in return.

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Because, of course, they're not giving this money for charitable reasons.

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It very clearly advantages big businesses because they have more capacity to devote resources to influence buying.

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Political influence has become just another arsenal in the marketing toolbox of large companies.

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Only, instead of promoting themselves, they use this influence to suppress the competition.

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And the key to it all are lobbyists.

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People think that we live in a free market society, and we don't.

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Big government and big business are way too closely aligned today, especially in the United States.

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And this, you know, is because of lobbying, basically.

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We have cronyism.

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We don't have capitalism in the United States.

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Especially when it comes to the military and then big medicine, big food, like Monsanto, you know, with all the GMOs and stuff.

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Most people don't want it, but yet it's being forced on us because Monsanto has such leverage in Congress through all the lobbying of the food industry.

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So, what is lobbying?

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Well, simply, lobbying is the act of influencing decisions made by legislators and regulatory agencies.

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You know, the guys who make the rules.

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And the people who exert this influence are called lobbyists.

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Well-connected professionals with slick suits and slicker tongues.

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Lobbyists tend to be experts in the fields they lobby for.

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They advise lawmakers on how to make sure Americans are getting the most benefit from the laws they pass, while also reducing potential harm.

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It's a good idea.

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Why wouldn't you want an expert's advice?

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Here's where things get screwy.

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Sometimes, the lawmakers decide the cash is greener on the other side, so they become lobbyists themselves.

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They leave government and join a private company, taking their connections and influence with them.

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This phenomenon is called the revolving door.

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People going from regulating an industry to working in that same industry, and sometimes back and forth multiple times.

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Corporations love having such powerful people on their payroll, so they do everything they can to lure them over.

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And, for their part, the regulators help out by making a few choice laws to benefit their future employers.

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And with the spin of the door comes a host of new laws that benefit some companies, hinder others.

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But business keeps rolling, and in the end, no one really gets hurt.

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Except, of course, the people.

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You'll see members of Congress who will take on issues defending one particular special interest,

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and then go out to work for that special interest after they leave.

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And the same is true of all government agencies.

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In fact, that's considered the normal way to do business in Washington.

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Big government and big business essentially are the same, aren't they not?

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What's the difference between a corporation and a government agency

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when the corporation buys the politicians with campaign donations,

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and the politicians do as they're told in passing laws that the corporation would have passed

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had the corporation been the government?

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Sadly, this phenomenon is all too common today, and it's not specific to just one industry.

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Rather, it seems that many of the agencies which have the power to influence our daily lives

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are corrupted by the revolving door.

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When you have delegated power to committees and government officials and agencies

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to regulate the economy, it always leads to corruption.

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It's too tempting for people not to use that power for their own personal agendas.

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And the revolving door is merely proof of the fact that when you give government

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and its agencies the power to regulate commerce, it always, always will lead to corruption.

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Nine-tenths of all federal law is not the product of those we elect,

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but rather the product of the unelected heads of these bureaucratic agencies.

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So we do not have a limited federal republic in the United States.

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What we have instead is an unlimited bureaucratic oligarchy

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in which these bureaucratic agencies operate largely without any accountability.

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This isn't a representative form of government.

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They only represent the most powerful and the people that give them the most amount of money.

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The corporations, the multinationals, have taken over.

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Whether it's agriculture, whether it's broadcasting,

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whether it's pharmaceutical, whether it's retail,

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you name the field, a few control it all.

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Laws and regulations are essential to any modern society.

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There are some activities that need to be controlled or prevented for the sake of the common good.

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Which side of the road you can drive on?

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Whether a five-year-old should be able to buy a bottle of Jack?

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How many return trips you can make to a buffet in a single sitting?

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Okay, maybe scratch that last one, but you get the idea.

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But with so much collusion between regulators and the industries they regulate,

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the laws governing our daily lives are becoming excessive,

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unnecessary, and often downright nonsensical.

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Keeping the public safe and free is no longer the primary goal for a number of our lawmakers.

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There is little done by the federal government that is not influenced

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by a choice to favor one special interest over another.

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A lot of regulations are adopted with a public interest veneer,

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but underneath they're the product of negotiation between industry leaders and government

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to create a barrier to entry.

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And many of these actions taken have enormous economic consequences,

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both eliminating competition to a company and enhancing their economic status.

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This relationship between big business and government agencies

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not only affects their competition in the economy,

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but all of us in our day-to-day lives.

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What you want to do in an economy is you want to produce the products and services

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that are in greatest demand.

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And no one knows that except the market.

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But when politicians come in and they substitute their own judgment,

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generally they're not even trying to outguess the market

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and figure out what's best for us.

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They're generally just trying to give an advantage to one particular individual

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or group of individuals at the expense of another.

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And so there are clear winners and losers,

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whoever's on the receiving end of a subsidy or government expenditure

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versus who's getting regulated or taxed.

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But regardless of the individual winners and losers,

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collectively we lose because wealth is destroyed.

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Resources are allocated in a less than optimal way.

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If you can pay enough money, you can make sure that you win on whatever issue you are concerned about.

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Maybe it's stopping legislation, maybe it's to get something passed,

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but ultimately you're looking to shape policy.

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And that policy has real impact in our daily lives.

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It shapes what kinds of products we can buy at the store,

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it shapes how safe those products are,

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it shapes what we are allowed to know about those products.

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The FDA's war against unpasteurized milk is just one example

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of the way large food producers are using their connections in Washington

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to limit our choices at the grocery store while increasing their own profits.

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But it is by no means the only example.

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Big government is in a collusion with big agriculture.

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There were never any scientific studies

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that determined that GMO food is equivalent to conventionally grown food.

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The Food and Drug Administration in the United States said,

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well, Monsanto has vouched for the safety of GMO food.

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And Monsanto said the FDA has certified it as safe.

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That's big business and big government together.

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But some small, independent farms are choosing not to use patented GMO crops

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or work for larger agribusiness concerns.

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Some just want to supply their local area with nutritious, farm-fresh food.

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One such farmer is Joel Salatin.

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He runs his farm based on an innovative and radical new technique,

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which he calls letting his animals out to pasture.

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Sounds crazy, but maybe he's on to something.

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We have a very different set of production and processing criteria.

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First of all, our animals move.

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They're not in great big confinement animal feeding operations.

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Our animals don't do drugs.

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We don't vaccinate.

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We don't medicate.

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And we run our farm on the closed carbon cycle

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as opposed to buying in chemical fertilizer from outside.

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So, you know, the localization, the carbon cycle,

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animals move around, the lack of pharmaceuticals,

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all of that is 180 degrees different

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than today's industrial global petroleum-based food system.

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It turns out there is a healthy market

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for traditionally farmed meat and produce.

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So, why are there so few independent farms

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operating around the country?

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The story of Chicago and its great stockyard

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symbolized the amazing economic revolution that was underway.

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On the farms, machines and improved techniques of agriculture

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began to produce an abundance of food for consumption

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both at home and abroad.

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The new world of mass production required

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increasing concentrations of capital.

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Pooling the investments of many people,

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the corporation became the means

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to starting vast new enterprises.

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The globalization and corporatization of everything

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is gradually making it more and more difficult

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for independent farmers, independent people in the food system

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to market to their neighbors, to friends, to family, to whatever.

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And you do think every day about

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what bureaucrat is going to invade my life today.

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Every single time the government penetrates the marketplace,

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it always favors the biggest players

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because they're the ones that are able to buy favors

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to curry concessionary privileges in a regulatory climate.

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And so I know that many of the consumer advocacy folks mean well

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when they say we need more oversight,

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we need more regulations for this bad thing that happened over here.

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What they don't realize is that by the time

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that regulation actually gets enacted

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and filters down to the farm level,

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it always, always, always hurts small producers

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and helps the large producers.

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It's the revolving door.

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Don't eat healthy, only eat crap.

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A few companies control everything.

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There's only a small group of agribusiness companies

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that control the entire food production.

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They're putting everybody out of business.

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They don't want any competition.

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A small farmer is always a threat.

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If 50 million people in the United States decide on their own

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that they would prefer to buy their produce

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from small farmers or at farmers' markets

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because they think it's healthier,

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that's a defection out of the system.

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Government doesn't want that.

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And Monsanto certainly doesn't want it,

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nor do any of the big agribusiness companies want it.

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00:18:43,640 --> 00:18:45,480
So better to do everything possible

241
00:18:45,480 --> 00:18:47,700
to wipe out the small farmer in America,

242
00:18:48,400 --> 00:18:50,700
make him go bankrupt, make him sell his land,

243
00:18:50,780 --> 00:18:51,780
which is then taken over

244
00:18:51,780 --> 00:18:55,260
by some larger agricultural entity,

245
00:18:55,580 --> 00:18:59,720
until eventually the entire food chain

246
00:18:59,720 --> 00:19:03,240
is controlled by big corporations and big government.

247
00:19:05,340 --> 00:19:09,020
The regulations forced upon small independent farms

248
00:19:09,020 --> 00:19:11,060
like Joel's have created a hurdle

249
00:19:11,060 --> 00:19:13,940
which limits the size and scope of his operation.

250
00:19:13,940 --> 00:19:17,740
And whether these regulations are well-intentioned

251
00:19:17,740 --> 00:19:21,260
or imposed just to give an unfair advantage to the big guys,

252
00:19:21,820 --> 00:19:23,960
the end result is that many of the products

253
00:19:23,960 --> 00:19:26,680
Joel would like to sell have been deemed illegal.

254
00:19:28,400 --> 00:19:30,360
The things that we would like to do

255
00:19:30,360 --> 00:19:35,380
from curing meat to selling raw milk, for example,

256
00:19:35,640 --> 00:19:37,900
we would love to sell raw milk,

257
00:19:38,080 --> 00:19:40,760
and we have customers who'd love to get raw milk,

258
00:19:40,760 --> 00:19:41,560
but it's illegal.

259
00:19:43,560 --> 00:19:46,320
We just had a health department inspector.

260
00:19:46,640 --> 00:19:50,080
They told us that our slaughtering shed for the poultry was illegal

261
00:19:50,080 --> 00:19:51,820
and wanted to close us down.

262
00:19:52,480 --> 00:19:55,880
And their contention was that if it's actually open to the air,

263
00:19:56,100 --> 00:19:57,720
it's inherently unsanitary.

264
00:19:57,720 --> 00:20:07,080
What's fascinating is a feedlot in deplorable conditions

265
00:20:07,080 --> 00:20:12,520
with no trespassing signs gets away with almost anything,

266
00:20:12,520 --> 00:20:17,720
but because we are extremely transparent outdoors,

267
00:20:18,220 --> 00:20:18,960
you know, out here,

268
00:20:19,100 --> 00:20:24,080
it makes us vulnerable to the anthropomorphism of ignorant people.

269
00:20:24,080 --> 00:20:28,400
You're probably thinking that these agricultural regulations

270
00:20:28,400 --> 00:20:29,580
are meaningless to you.

271
00:20:29,960 --> 00:20:32,860
If these regulations are limiting your choices,

272
00:20:33,380 --> 00:20:35,920
how come you can walk down any aisle in the supermarket

273
00:20:35,920 --> 00:20:38,340
and find dozens of different brands

274
00:20:38,340 --> 00:20:40,460
and hundreds of different foods?

275
00:20:40,660 --> 00:20:43,060
I mean, how much choice do we really need?

276
00:20:43,060 --> 00:20:47,620
The average person walks into the supermarket, right,

277
00:20:47,760 --> 00:20:50,140
and they see all this stuff on the shelves.

278
00:20:50,220 --> 00:20:52,160
They say, what do you mean I don't have choice?

279
00:20:52,220 --> 00:20:54,640
I can get Count Chocula breakfast cereal,

280
00:20:54,820 --> 00:20:57,020
Fruit Loops, Cracker Jacks, whatever, okay?

281
00:20:57,420 --> 00:21:01,320
I can get potato chips from 10 different companies, you know?

282
00:21:01,560 --> 00:21:02,940
What do you mean I don't have choice?

283
00:21:03,940 --> 00:21:05,600
And so it's a hard sell

284
00:21:05,600 --> 00:21:09,840
because people have a hard time understanding

285
00:21:09,840 --> 00:21:11,720
what they can't get.

286
00:21:11,720 --> 00:21:15,300
You know, what you can't get is raw milk.

287
00:21:15,860 --> 00:21:20,020
What you can't get is backyard-slaughtered poultry

288
00:21:20,020 --> 00:21:23,140
that never went through a great big processing plant.

289
00:21:24,460 --> 00:21:29,140
There's a tremendous amount of artisanal heritage-type food

290
00:21:29,140 --> 00:21:31,040
that is unavailable now

291
00:21:31,040 --> 00:21:33,520
because it has been criminalized and outlawed.

292
00:21:35,640 --> 00:21:37,940
In the end, it comes down to risk.

293
00:21:38,560 --> 00:21:39,920
Some things, like raw milk,

294
00:21:39,920 --> 00:21:42,160
are just too risky to let out to the public.

295
00:21:43,340 --> 00:21:44,020
After all,

296
00:21:44,520 --> 00:21:45,760
contaminated raw milk

297
00:21:45,760 --> 00:21:48,360
could theoretically be as harmful as poison.

298
00:21:53,360 --> 00:21:55,200
Actual poison, on the other hand,

299
00:21:55,260 --> 00:21:57,220
is apparently fine.

300
00:21:57,220 --> 00:22:01,640
If you want to talk about risk,

301
00:22:01,800 --> 00:22:07,720
isn't it fascinating that the very entity that gave us DDT,

302
00:22:07,880 --> 00:22:09,840
that gave us mad cow,

303
00:22:10,180 --> 00:22:11,840
that gave us cloning,

304
00:22:11,980 --> 00:22:13,320
that gave us GMOs,

305
00:22:13,480 --> 00:22:15,680
these are very risky things.

306
00:22:15,780 --> 00:22:17,600
I mean, whether or not you believe in them or not,

307
00:22:17,800 --> 00:22:18,880
you have to appreciate

308
00:22:18,880 --> 00:22:22,020
those are all very high-risk things.

309
00:22:23,020 --> 00:22:25,920
And they are the ones that we say,

310
00:22:26,700 --> 00:22:29,460
I want to put my faith in you for my food.

311
00:22:29,460 --> 00:22:35,380
I think people participate in risky behavior all the time.

312
00:22:35,720 --> 00:22:37,160
You know, I think if you're feeding your kids

313
00:22:37,160 --> 00:22:38,620
pasteurized milk,

314
00:22:39,060 --> 00:22:39,820
cocoa puffs,

315
00:22:39,900 --> 00:22:40,560
calchocula,

316
00:22:40,700 --> 00:22:40,980
cereal,

317
00:22:41,060 --> 00:22:41,720
and Froot Loops,

318
00:22:41,920 --> 00:22:43,200
that's risky behavior.

319
00:22:43,880 --> 00:22:45,780
But the government has decided

320
00:22:45,780 --> 00:22:47,480
that that's not risky behavior.

321
00:22:48,160 --> 00:22:49,300
What's risky behavior

322
00:22:49,300 --> 00:22:51,200
is drinking a glass of raw milk.

323
00:22:51,200 --> 00:22:56,020
When it comes down to it,

324
00:22:56,400 --> 00:22:58,300
not being able to get raw milk

325
00:22:58,300 --> 00:22:59,500
isn't that big a deal.

326
00:22:59,680 --> 00:22:59,960
I mean,

327
00:23:00,280 --> 00:23:01,600
who needs raw milk

328
00:23:01,600 --> 00:23:04,220
when you can get deep-fried mozzarella sticks

329
00:23:04,220 --> 00:23:06,240
or tasty, tasty chicken fingers?

330
00:23:07,220 --> 00:23:08,100
After all,

331
00:23:08,300 --> 00:23:09,740
food is food, right?

332
00:23:11,060 --> 00:23:12,800
I think it's important to realize

333
00:23:12,800 --> 00:23:13,900
that in 1979,

334
00:23:14,280 --> 00:23:17,460
when the first USDA food pyramid came out,

335
00:23:17,520 --> 00:23:17,660
you know,

336
00:23:17,720 --> 00:23:18,960
with grains on the bottom,

337
00:23:19,280 --> 00:23:20,760
that was the beginning

338
00:23:20,760 --> 00:23:22,740
of the obesity and type 2 epidemic

339
00:23:22,740 --> 00:23:24,040
because it put carbohydrates

340
00:23:24,040 --> 00:23:25,100
on the bottom.

341
00:23:26,020 --> 00:23:27,460
And, you know,

342
00:23:27,500 --> 00:23:30,000
it's quite a profound reality

343
00:23:30,000 --> 00:23:32,660
that America today

344
00:23:32,660 --> 00:23:34,580
would be far, far healthier

345
00:23:34,580 --> 00:23:35,880
if the government

346
00:23:35,880 --> 00:23:37,200
had never told us what to eat.

347
00:23:41,100 --> 00:23:43,020
So maybe you overdo it slightly

348
00:23:43,020 --> 00:23:44,300
on the saturated fats

349
00:23:44,300 --> 00:23:45,500
and imitation cheese.

350
00:23:45,760 --> 00:23:46,420
Who cares?

351
00:23:46,920 --> 00:23:47,600
We've got access

352
00:23:47,600 --> 00:23:49,120
to the best drugs in the world.

353
00:23:49,120 --> 00:23:50,720
Whether you have

354
00:23:50,720 --> 00:23:51,680
a resting heart rate

355
00:23:51,680 --> 00:23:52,620
of 116,

356
00:23:53,040 --> 00:23:54,740
that third cheeseburger

357
00:23:54,740 --> 00:23:55,480
has you sweating

358
00:23:55,480 --> 00:23:56,700
like Shaq at the line,

359
00:23:56,780 --> 00:23:58,180
or you're just feeling queasy

360
00:23:58,180 --> 00:23:59,340
from all the drugs you're taking,

361
00:23:59,700 --> 00:24:00,920
there are drugs out there

362
00:24:00,920 --> 00:24:01,440
to help you.

363
00:24:02,620 --> 00:24:04,180
And we can all agree,

364
00:24:04,600 --> 00:24:05,540
if there's one area

365
00:24:05,540 --> 00:24:07,360
where we want strict regulations,

366
00:24:07,760 --> 00:24:09,000
it's pharmaceuticals.

367
00:24:09,580 --> 00:24:10,220
After all,

368
00:24:10,600 --> 00:24:12,460
no one wants unsafe medicine

369
00:24:12,460 --> 00:24:13,540
getting out to the public.

370
00:24:13,540 --> 00:24:17,100
There are, of course,

371
00:24:17,280 --> 00:24:18,220
several drugs,

372
00:24:18,320 --> 00:24:19,160
many drugs,

373
00:24:19,320 --> 00:24:20,800
that are helpful.

374
00:24:21,340 --> 00:24:22,820
But what concerns me

375
00:24:22,820 --> 00:24:25,340
is that a significant minority,

376
00:24:25,800 --> 00:24:28,020
significant minority of drugs

377
00:24:28,020 --> 00:24:29,640
that have been approved by FDA

378
00:24:29,640 --> 00:24:30,840
have been approved

379
00:24:30,840 --> 00:24:32,240
over the FDA's own

380
00:24:32,240 --> 00:24:34,120
medical reviewers' objections

381
00:24:34,120 --> 00:24:35,660
on safety grounds.

382
00:24:35,660 --> 00:24:38,220
And many, many unsafe drugs

383
00:24:38,220 --> 00:24:38,900
have been admitted

384
00:24:38,900 --> 00:24:39,800
into the marketplace

385
00:24:39,800 --> 00:24:41,640
that actually cause death,

386
00:24:41,800 --> 00:24:42,480
liver failure,

387
00:24:42,680 --> 00:24:43,460
kidney failure,

388
00:24:43,920 --> 00:24:44,580
heart attacks.

389
00:24:45,200 --> 00:24:46,560
These drugs are on the market,

390
00:24:46,660 --> 00:24:47,580
many of them still,

391
00:24:48,160 --> 00:24:50,400
and are approved yearly.

392
00:24:51,820 --> 00:24:53,380
It is thanks to such

393
00:24:53,380 --> 00:24:54,780
rigorous quality control

394
00:24:54,780 --> 00:24:55,560
by the FDA

395
00:24:55,560 --> 00:24:57,540
that a drug like Vioxx,

396
00:24:57,640 --> 00:24:58,500
which caused over

397
00:24:58,500 --> 00:25:00,360
100,000 heart attacks

398
00:25:00,360 --> 00:25:02,000
and tens of thousands

399
00:25:02,000 --> 00:25:02,620
of deaths,

400
00:25:03,140 --> 00:25:04,700
was swiftly pulled

401
00:25:04,700 --> 00:25:05,440
from the market

402
00:25:05,440 --> 00:25:08,640
after only five years

403
00:25:08,640 --> 00:25:12,120
and 2.5 billion in profit

404
00:25:12,120 --> 00:25:14,420
for the pharmaceutical giant Merck.

405
00:25:15,780 --> 00:25:17,280
When an FDA commissioner

406
00:25:17,280 --> 00:25:18,980
knowingly approves

407
00:25:18,980 --> 00:25:20,760
an unsafe drug like Vioxx

408
00:25:20,760 --> 00:25:22,420
and keeps it on the market

409
00:25:22,420 --> 00:25:23,100
even though there are

410
00:25:23,100 --> 00:25:25,180
140,000 heart attacks

411
00:25:25,180 --> 00:25:25,760
from Vioxx

412
00:25:25,760 --> 00:25:28,140
and 60,000 deaths from it

413
00:25:28,140 --> 00:25:30,180
and still stands in defense

414
00:25:30,180 --> 00:25:32,240
of that company, Merck,

415
00:25:32,820 --> 00:25:34,680
there's something wrong

416
00:25:34,680 --> 00:25:35,300
here, there's something

417
00:25:35,300 --> 00:25:36,160
dreadfully wrong,

418
00:25:36,620 --> 00:25:38,100
why can't that person

419
00:25:38,100 --> 00:25:39,040
be held accountable

420
00:25:39,040 --> 00:25:40,540
and yet they get away with it.

421
00:25:40,580 --> 00:25:41,660
Not only do they get away with it,

422
00:25:41,920 --> 00:25:42,680
but in the case of

423
00:25:42,680 --> 00:25:44,360
the commissioner who did that,

424
00:25:44,440 --> 00:25:45,180
Lester Crawford,

425
00:25:45,560 --> 00:25:47,120
he ends up being employed

426
00:25:47,120 --> 00:25:48,220
by a company called

427
00:25:48,220 --> 00:25:49,600
Policy Directions, Inc.

428
00:25:50,060 --> 00:25:51,260
at a very high capacity

429
00:25:51,260 --> 00:25:53,060
and that company

430
00:25:53,060 --> 00:25:54,280
represents Merck.

431
00:25:54,280 --> 00:25:55,900
and that company

432
00:25:55,900 --> 00:25:56,960
could be informed

433
00:25:56,960 --> 00:25:57,460
to have a company

434
00:25:57,460 --> 00:25:58,340
and that company

435
00:25:58,340 --> 00:25:58,780
has been investigated

436
00:25:58,780 --> 00:25:58,880
and it's always

437
00:25:58,880 --> 00:25:59,340
worked for는지

438
00:25:59,340 --> 00:26:00,740
that gaining

439
00:26:00,740 --> 00:26:01,720
and have on the market

440
00:26:01,720 --> 00:26:02,840
and that company

441
00:26:02,840 --> 00:26:26,200
Perhaps the Vioxx incident was just a one-off event.

442
00:26:26,200 --> 00:26:29,540
There are a whole host of helpful drugs in the marketplace,

443
00:26:29,540 --> 00:26:33,540
and the FDA shouldn't be scrutinized for one little slip-up.

444
00:26:33,540 --> 00:26:38,540
I mean, it's not like this is happening regularly.

445
00:26:38,540 --> 00:26:42,540
The FDA says that all of these pharmaceutical drugs

446
00:26:42,540 --> 00:26:47,540
that are everywhere in America, they're safe and effective.

447
00:26:47,540 --> 00:26:52,540
That's how they get out into doctors' offices and drug stores,

448
00:26:52,540 --> 00:26:54,540
and that's why people ingest them.

449
00:26:54,540 --> 00:26:59,540
Well, 106,000 people every year in the United States

450
00:26:59,540 --> 00:27:03,540
are killed by FDA-approved pharmaceutical drugs.

451
00:27:03,540 --> 00:27:06,540
The FDA admits this on their own website,

452
00:27:06,540 --> 00:27:09,540
but they say nothing about taking responsibility for it.

453
00:27:09,540 --> 00:27:12,540
It's just another medical fact to them.

454
00:27:12,540 --> 00:27:16,540
Huh.

455
00:27:16,540 --> 00:27:21,540
Over 100,000 deaths from prescription drugs every year.

456
00:27:21,540 --> 00:27:24,540
You'd think, with all the stringent testing the FDA does

457
00:27:24,540 --> 00:27:27,540
before it lets a drug out onto the market,

458
00:27:27,540 --> 00:27:31,540
they'd detect some of these life-threatening side effects.

459
00:27:31,540 --> 00:27:36,540
These are the bottles which finally will find their way to doctors' offices

460
00:27:36,540 --> 00:27:38,540
and clinics all over the country.

461
00:27:38,540 --> 00:27:41,540
Even as they reach the end of the production line,

462
00:27:41,540 --> 00:27:45,540
other tests are in progress and samples are sent to the government.

463
00:27:45,540 --> 00:27:48,540
The manufacturer's protocol is first reviewed,

464
00:27:48,540 --> 00:27:54,540
then subjected to a whole battery of complex scientific tests.

465
00:27:54,540 --> 00:27:59,540
The FDA's whole system of drug review is bogus.

466
00:27:59,540 --> 00:28:03,540
It's designed to protect and advance the interests of the drug industry.

467
00:28:03,540 --> 00:28:09,540
A lot of people don't realize this, but FDA never tests the drugs it approves.

468
00:28:09,540 --> 00:28:12,540
FDA does no independent testing at all.

469
00:28:12,540 --> 00:28:18,540
It relies entirely on the testing done by the drug advocate,

470
00:28:18,540 --> 00:28:24,540
the proponent of the drug application that has a self-interest and a conflict of interest.

471
00:28:24,540 --> 00:28:28,540
That party is looked to for all of the drug testing.

472
00:28:28,540 --> 00:28:31,540
They do their own testing.

473
00:28:31,540 --> 00:28:36,540
So the FDA does no independent testing of the drugs it approves.

474
00:28:36,540 --> 00:28:39,540
But, with so many new drugs being manufactured,

475
00:28:39,540 --> 00:28:43,540
can you blame them for outsourcing the testing to the drug companies themselves?

476
00:28:43,540 --> 00:28:47,540
After all, if you can't trust a multi-billion dollar pharmaceutical conglomerate,

477
00:28:47,540 --> 00:28:52,540
who can you trust?

478
00:28:52,540 --> 00:28:55,540
There have been multiple instances of corruption in this process

479
00:28:55,540 --> 00:28:59,540
where negative information has been kept away from the FDA

480
00:28:59,540 --> 00:29:02,540
so that the FDA will approve a drug.

481
00:29:02,540 --> 00:29:05,540
In fact, Sanivia Ventus, with its drug Ketec,

482
00:29:05,540 --> 00:29:10,540
relied principally on a clinical trial that FDA's medical reviewers,

483
00:29:10,540 --> 00:29:14,540
who are sharp on the case, discovered didn't even happen.

484
00:29:14,540 --> 00:29:16,540
They made it up.

485
00:29:16,540 --> 00:29:20,540
And there were FBI investigations and prosecutions.

486
00:29:20,540 --> 00:29:22,540
But what did the FDA do?

487
00:29:22,540 --> 00:29:25,540
The medical reviewers said to the commissioner,

488
00:29:25,540 --> 00:29:29,540
gee, they relied on a fraud for this application.

489
00:29:29,540 --> 00:29:30,540
We should deny it.

490
00:29:30,540 --> 00:29:33,540
But the FDA commissioner granted it.

491
00:29:33,540 --> 00:29:35,540
You put Ketec into the market.

492
00:29:35,540 --> 00:29:38,540
So you see, it's that degree of influence and corruption

493
00:29:38,540 --> 00:29:41,540
that makes it impossible for the American people to be protected.

494
00:29:49,540 --> 00:29:51,540
With drugs being approved by the FDA,

495
00:29:51,540 --> 00:29:54,540
despite the objection of their own medical reviewers,

496
00:29:54,540 --> 00:29:59,540
there can be little doubt the revolving door is alive and well in the pharmaceutical industry.

497
00:29:59,540 --> 00:30:08,540
And just in case you do have some tiny shred of doubt remaining, consider the case of Billy Tozin.

498
00:30:08,540 --> 00:30:12,540
You may want to have some anti-nausea pills on standby.

499
00:30:12,540 --> 00:30:18,540
Congressman Billy Tozin, who was the head of the Energy and Commerce Committee in the House,

500
00:30:18,540 --> 00:30:23,540
he was the man assigned the task of ensuring that a provision would be put into the law

501
00:30:23,540 --> 00:30:36,540
that would prevent the entire government from negotiating down the per unit price of drugs required to be acquired under Medicare Part D, based on volume.

502
00:30:36,540 --> 00:30:47,540
So in other words, they're forced to pay whatever price the drug industry sets per unit for the drugs purchased under Medicare Part D.

503
00:30:47,540 --> 00:30:53,540
And that is something that could enable the drug industry at its will to bring the nation to its knees financially.

504
00:30:53,540 --> 00:30:59,540
And so it is that this provision was put into the law in the Bush administration.

505
00:30:59,540 --> 00:31:06,540
Tozin left the government, left his position in Congress, became the head of the Pharmaceutical Research and Manufacturers Association,

506
00:31:06,540 --> 00:31:13,540
and made the highest salary they had ever then paid to that date, $2.5 million a year,

507
00:31:13,540 --> 00:31:18,540
as a compliment for his selling out the nation to protect the drug industry.

508
00:31:22,540 --> 00:31:29,540
So while the government may be choosing, often poorly, which food and drugs they think are safe for us to have,

509
00:31:29,540 --> 00:31:33,540
at least they aren't trying to force any of them on you.

510
00:31:34,540 --> 00:31:36,540
Except, perhaps, for vaccines.

511
00:31:38,540 --> 00:31:42,540
George Lambert is a representative of the New Hampshire State House,

512
00:31:42,540 --> 00:31:46,540
and he is a leading proponent for vaccination choice in his state.

513
00:31:49,540 --> 00:31:53,540
When I got to the State House, somebody asked me if I would work on a bill for vaccination choice.

514
00:31:53,540 --> 00:31:57,540
The more research I did, the more I found out that, in the risk of an epidemic,

515
00:31:57,540 --> 00:31:59,540
they can go out and vaccinate everyone without choice.

516
00:32:02,540 --> 00:32:08,540
To say that vaccines are compulsory, which in the U.S. is a struggle right now,

517
00:32:09,540 --> 00:32:15,540
every state has their own exemptions that parents can claim.

518
00:32:15,540 --> 00:32:21,540
But now, the push is on to say that we're going to force you to get vaccinated,

519
00:32:22,540 --> 00:32:23,540
whether you like it or not.

520
00:32:23,540 --> 00:32:25,540
You don't have the freedom to decide.

521
00:32:26,540 --> 00:32:28,540
If we talk about medical safety and freedom,

522
00:32:28,540 --> 00:32:32,540
everybody should have the choice of what medical procedures they want.

523
00:32:33,540 --> 00:32:36,540
You can get a medical exclusion, you can get a religious exclusion,

524
00:32:36,540 --> 00:32:38,540
but you can't get a conscientious exclusion.

525
00:32:39,540 --> 00:32:41,540
We had an issue in New Hampshire a couple of years ago

526
00:32:42,540 --> 00:32:45,540
where there were some injections that were contaminated

527
00:32:46,540 --> 00:32:48,540
that might actually contain meningitis.

528
00:32:49,540 --> 00:32:51,540
But if you were required to get a vaccination or an injection,

529
00:32:51,540 --> 00:32:53,540
how do you know the injection isn't contaminated?

530
00:32:54,540 --> 00:32:57,540
But if you want your children to go to school or participate in any of these other activities,

531
00:32:58,540 --> 00:33:01,540
the government says you either do this or you're excluded.

532
00:33:01,540 --> 00:33:02,540
That's a problem.

533
00:33:02,540 --> 00:33:05,540
Because when the news says there's something that puts your life at risk,

534
00:33:06,540 --> 00:33:08,540
you should be able to make an educated decision.

535
00:33:13,540 --> 00:33:15,540
That's what freedom really comes down to in the end.

536
00:33:16,540 --> 00:33:19,540
The freedom to decide, for good or bad, how you want to live.

537
00:33:20,540 --> 00:33:22,540
And that freedom should not be overruled by the government,

538
00:33:23,540 --> 00:33:24,540
except in the most extreme cases,

539
00:33:25,540 --> 00:33:28,540
or to keep us safe from the most diabolical of threats.

540
00:33:28,540 --> 00:33:43,540
Weed, grass, ganja, joint, doobie, do, chronic, ace, lobo, loco, loveboat, bud, buddha, blunt, pot, pat, pin, chiba, chiba, 420, and hashish, or hash for short.

541
00:33:44,540 --> 00:33:50,540
No matter what you call it, no matter what hip street lift it's referred, or referred to by,

542
00:33:51,540 --> 00:33:52,540
it all comes from the same stash.

543
00:33:53,540 --> 00:33:54,540
It's all marijuana.

544
00:33:59,540 --> 00:34:03,540
Marijuana, one of the most dangerous drugs known to mankind.

545
00:34:04,540 --> 00:34:08,540
Responsible for almost as many deaths per year as asteroids or shark attacks,

546
00:34:09,540 --> 00:34:13,540
it can cause an otherwise healthy adult to giggle or get a bit hungry.

547
00:34:14,540 --> 00:34:23,540
Thankfully, the brave men and women from numerous agencies have been waging a tireless and expensive war against this dangerous plant for decades.

548
00:34:24,540 --> 00:34:28,540
The war on drugs is a war on the people.

549
00:34:29,540 --> 00:34:34,540
It's a war to fight for the pharmaceutical industry, so they could sell their psychotropic drugs.

550
00:34:35,540 --> 00:34:41,540
I mean, Jesus, how many people that I hear horror stories from their children whacked out on Vicodib?

551
00:34:41,540 --> 00:34:43,540
Oh, that's a beaut.

552
00:34:44,540 --> 00:34:46,540
Yeah, how about a little Oxycontin here to make you happy?

553
00:34:47,540 --> 00:34:48,540
Feel some pain?

554
00:34:48,540 --> 00:34:49,540
This will get rid of it.

555
00:34:50,540 --> 00:34:51,540
But don't get high, man.

556
00:34:52,540 --> 00:34:53,540
No weed, it's gonna kill ya.

557
00:34:54,540 --> 00:34:55,540
You saw Reefer Madness?

558
00:34:55,540 --> 00:35:03,540
Reefer Madness is a celebrated PSA film produced for the U.S. government.

559
00:35:04,540 --> 00:35:11,540
Known for its even-handed and unbiased approach to the subject of marijuana, which it claims is worse than heroin,

560
00:35:11,540 --> 00:35:15,540
it saved generations from the dangers of marijuana.

561
00:35:16,540 --> 00:35:26,540
Even a single puff of Mary Jane can make you dance like a fool, laugh uncontrollably, or violently murder your friends.

562
00:35:27,540 --> 00:35:28,540
How embarrassing.

563
00:35:28,540 --> 00:35:37,540
Normal is a non-profit organization whose aim is to legalize cannabis throughout the United States.

564
00:35:40,540 --> 00:35:47,540
There are 800,000 people a year arrested in the United States on marijuana charges, 90% for possession only.

565
00:35:47,540 --> 00:35:57,540
So over a 40-year period now, that's roughly 27 million people have been arrested on marijuana charges.

566
00:35:58,540 --> 00:36:03,540
So it's created a huge universe of people who have been effectively screwed by the government.

567
00:36:06,540 --> 00:36:10,540
When we sued the DEA in the classic case Normal v. DEA,

568
00:36:10,540 --> 00:36:16,540
the judge ruled in 1988 in his final decision that marijuana, quote,

569
00:36:17,540 --> 00:36:20,540
is the safest therapeutic substance known to man.

570
00:36:21,540 --> 00:36:26,540
That's a pretty strong indictment against the rest of the drugs.

571
00:36:27,540 --> 00:36:33,540
So the courts acknowledge that marijuana is the most therapeutic substance known to man.

572
00:36:33,540 --> 00:36:42,540
But since as early as the 1930s, marijuana has been the subject of countless heavy-handed and fallacious propaganda.

573
00:36:45,540 --> 00:36:48,540
Long-term use of marijuana can lead to a psychological dependency.

574
00:36:49,540 --> 00:36:51,540
Soon, you'll be taking all sorts of measures to get your fix.

575
00:36:52,540 --> 00:36:56,540
People will start calling you names like Pothead or Smokey McBongwater.

576
00:36:56,540 --> 00:37:06,540
Losing all motivation, it's likely that you'll drop out of school, take a sudden liking to sitar music, and maybe even get felt up by a cop or two.

577
00:37:07,540 --> 00:37:17,540
Marijuana has been propagandized by the United States government and its surrogates at the state level for at least 75 years.

578
00:37:18,540 --> 00:37:27,540
There are 1,200 Partnership for Drug-Free America ads, and 85 to 90% of those ads have been against marijuana.

579
00:37:28,540 --> 00:37:33,540
And the name alone, Drug-Free America, deserves nothing but pure laughter.

580
00:37:34,540 --> 00:37:36,540
Drug-Free America.

581
00:37:37,540 --> 00:37:40,540
This is the most drug-addled society in human history.

582
00:37:40,540 --> 00:37:51,540
And the Drug-Free America Association was originally founded by the alcohol, tobacco, and pharmaceutical companies, which, last I checked, their business model is distributing drugs.

583
00:37:52,540 --> 00:38:05,540
Personal feelings about marijuana aside, there is no denying the fact that criminalization of the substance bears little parity with other substances in the same area, such as alcohol or tobacco.

584
00:38:05,540 --> 00:38:14,540
But, with all the millions being spent on preventing its use, and prosecuting individuals who use it, who stands to gain?

585
00:38:16,540 --> 00:38:22,540
There are entities out there that strongly lobby for the status quo to stay in place.

586
00:38:22,540 --> 00:38:36,540
Law enforcement, the very government agencies born of the prohibition, like the Partnership for Drug-Free America, the DARE Program, the DEA, the Drug Czar's Office, they will always oppose legalization.

587
00:38:37,540 --> 00:38:42,540
Three would be the alcohol, tobacco, pharmaceutical companies that play both ends of the middle.

588
00:38:42,540 --> 00:38:50,540
They try to start things like the Partnership for Drug-Free America, but pretty clearly don't want to really have a Drug-Free America.

589
00:38:51,540 --> 00:39:00,540
The fourth entity are companies that are able to make money off of the prohibition, and that would be private prisons, drug testing companies.

590
00:39:00,540 --> 00:39:15,540
This is probably the most naked of our opposition, because if you get caught with marijuana, you can either choose the route of prosecution and potential conviction and then going to jail, or you go to rehab.

591
00:39:15,540 --> 00:39:25,540
Well, even the director of normal, if I got caught by police with a small amount of marijuana, if I'm given a choice between going to jail and going to rehab, I'm going to pick rehab.

592
00:39:26,540 --> 00:39:32,540
And so 80% of their clientele are effectively pushed in the door by the government.

593
00:39:33,540 --> 00:39:44,540
So this is an incestuous relationship that has been set up between the drug rehabilitation profiteers and the government that brings their clients right to their door.

594
00:39:44,540 --> 00:39:49,540
And we, the taxpayers, pay for the rehabilitation.

595
00:39:49,540 --> 00:39:57,540
Now, in the language the addicts use among themselves, they never say to each other, let's smoke a marijuana cigarette.

596
00:39:57,540 --> 00:40:02,540
They say, let's turn on, or let's blast a joint.

597
00:40:02,540 --> 00:40:09,540
As with drinking raw milk, smoking a marijuana cigarette carries with it obvious health risks.

598
00:40:09,540 --> 00:40:22,540
But whether you want to blast a jay or buy an outdoor slaughtered chicken from your local farmer, powerful lobbying groups have colluded with regulatory agencies to limit your freedom of choice.

599
00:40:22,540 --> 00:40:38,540
When the government violently kicks down your door and comes onto your property with guns drawn, trying to get you to stop engaged in a certain behavior that's harming nobody else, that is a social injustice.

600
00:40:38,540 --> 00:40:45,540
I personally think of cannabis as just a metaphor for freedom.

601
00:40:45,540 --> 00:40:59,540
I think of it almost purely at this point now as a discussion over personal freedom and how much can the government intervene in your life and intervene violently with guns drawn.

602
00:40:59,540 --> 00:41:06,540
Okay, we've talked a lot about food and medicine and, um, Lobo.

603
00:41:06,540 --> 00:41:08,540
But enough of that hippie talk.

604
00:41:08,540 --> 00:41:12,540
Everyone knows the world revolves around one thing and one thing only.

605
00:41:12,540 --> 00:41:14,540
Milk.

606
00:41:14,540 --> 00:41:15,540
Milk.

607
00:41:15,540 --> 00:41:16,540
Milk.

608
00:41:16,540 --> 00:41:17,540
Milk.

609
00:41:17,540 --> 00:41:18,540
Milk.

610
00:41:18,540 --> 00:41:19,540
Milk.

611
00:41:19,540 --> 00:41:20,540
Milk.

612
00:41:20,540 --> 00:41:21,540
Milk.

613
00:41:21,540 --> 00:41:22,540
I mean, money.

614
00:41:22,540 --> 00:41:31,540
But, similar to independent farmers, small firms in the financial sector also face heavy regulations which benefit the large players.

615
00:41:31,540 --> 00:41:38,540
I act in the securities industry and there's all sorts of rules and regulations that I have to abide by.

616
00:41:38,540 --> 00:41:43,540
The vast majority of it doesn't protect my customers, the individual investor.

617
00:41:43,540 --> 00:41:45,540
And that's not why I believe it's there.

618
00:41:45,540 --> 00:41:49,540
That's the excuse that the politicians give the voters.

619
00:41:49,540 --> 00:41:56,540
But the real reason is because there are very large banks and brokerage firms that don't like small firms like mine competing with them.

620
00:41:56,540 --> 00:41:58,540
And so they want to tie us up in red tape.

621
00:41:58,540 --> 00:42:01,540
See, they can afford to pay for the regulations.

622
00:42:01,540 --> 00:42:03,540
It's the small firms that can't.

623
00:42:03,540 --> 00:42:05,540
But they didn't do it to help the investor.

624
00:42:05,540 --> 00:42:10,540
They did it to help the big brokerage firms that wanted protection from competition.

625
00:42:10,540 --> 00:42:11,540
And so that's what happens.

626
00:42:11,540 --> 00:42:20,540
But, of course, the revolving door is when these guys leave Washington, they get cushy jobs at the companies they used to regulate.

627
00:42:20,540 --> 00:42:22,540
And, in fact, they go back and forth.

628
00:42:22,540 --> 00:42:25,540
They go from the industry to the government, back to the industry to the government.

629
00:42:25,540 --> 00:42:29,540
And what they're really doing is they're peddling their influence.

630
00:42:29,540 --> 00:42:34,540
They go to Washington to get influence, to make friends.

631
00:42:34,540 --> 00:42:38,540
And then they sell the influence to the highest bidder when they leave.

632
00:42:42,540 --> 00:42:49,540
Sadly, the finance industry may be the best illustration of the intertwining of government and big business.

633
00:42:49,540 --> 00:43:04,540
For example, the current Secretary of the Treasury, Jacob Lew, was reportedly given a $950,000 bonus by his former employer, Citigroup, just for taking a job at the Treasury.

634
00:43:04,540 --> 00:43:07,540
If you want to see the proof of fascism, all you have to do is say the proof of fascism.

635
00:43:07,540 --> 00:43:08,540
If you want to see the proof of fascism.

636
00:43:08,540 --> 00:43:11,540
All you have to do is look at four simple words.

637
00:43:11,540 --> 00:43:15,540
If you want to see the proof of fascism, all you have to do is look at four simple words.

638
00:43:15,540 --> 00:43:16,540
Too big, too fail.

639
00:43:16,540 --> 00:43:18,540
The merger of state and corporate powers.

640
00:43:18,540 --> 00:43:19,540
When America had a financial crisis.

641
00:43:19,540 --> 00:43:20,540
If you want to see the proof of fascism.

642
00:43:20,540 --> 00:43:21,540
If you want to see the proof of fascism.

643
00:43:21,540 --> 00:43:25,540
All you have to do is look at four simple words.

644
00:43:25,540 --> 00:43:30,540
Too big, too fail.

645
00:43:30,540 --> 00:43:31,540
The merger of state and corporate powers.

646
00:43:31,540 --> 00:43:51,540
When America had a financial crisis in 2008, the whole game changed.

647
00:43:51,540 --> 00:43:56,540
The banks got in trouble.

648
00:43:56,540 --> 00:44:04,540
They bring out Henry Paulson, the U.S. Treasury Secretary, former CEO of the Goldman Sachs gang.

649
00:44:04,540 --> 00:44:06,540
And says we have to bail out the banks.

650
00:44:06,540 --> 00:44:07,540
They're too big to fail.

651
00:44:07,540 --> 00:44:12,500
And says,

652
00:44:12,540 --> 00:44:17,540
Onification What!

653
00:44:17,540 --> 00:44:20,540
Oh!

654
00:44:20,540 --> 00:44:26,540
You have to fight you for freedom.

655
00:44:26,540 --> 00:44:31,540
았

656
00:44:37,540 --> 00:44:48,140
The subprime mortgage crisis of 2008 was the biggest economic crash since the Great Depression.

657
00:44:49,700 --> 00:44:55,940
In the midst of the crisis, the financial media demanded stricter regulations on the financial industry.

658
00:44:57,300 --> 00:45:01,300
Economist Peter Schiff, who predicted the crisis years in advance,

659
00:45:01,880 --> 00:45:04,440
believes that not only was Wall Street to blame,

660
00:45:04,440 --> 00:45:11,440
but more importantly, it was the regulators colluding with the financial industry who were responsible for the crisis.

661
00:45:12,400 --> 00:45:18,220
Well, the regulators caused the crisis. It was the regulation that created the problem.

662
00:45:19,060 --> 00:45:26,380
I was talking about the coming housing crisis in 2002, 3, 4, 5, 6,

663
00:45:26,520 --> 00:45:30,980
and I was pointing out exactly how the government and the Fed were creating the problem.

664
00:45:30,980 --> 00:45:35,440
See, the people that now said we didn't have enough regulation, where were they back then?

665
00:45:35,520 --> 00:45:38,780
Why didn't they say we needed more regulation in 2004, 2005?

666
00:45:38,780 --> 00:45:44,660
The fact of the matter is, it was the regulations that were in place that caused the problem.

667
00:45:46,740 --> 00:45:51,460
The Federal Reserve, in order to stimulate the economy, brought interest rates down to 1%.

668
00:45:51,460 --> 00:45:56,820
And what that did is it enabled people to borrow money more cheaply to buy houses.

669
00:45:57,280 --> 00:46:01,720
In the meantime, too, the government was also guaranteeing the mortgages.

670
00:46:01,720 --> 00:46:03,680
And this was the real problem.

671
00:46:05,060 --> 00:46:10,120
The way the market regulates banks is that individuals want a safe place for their money.

672
00:46:10,540 --> 00:46:12,680
And so they will shop around for a safe place.

673
00:46:13,180 --> 00:46:19,100
Therefore, market pressures force the banks to do prudent things to attract deposits.

674
00:46:19,680 --> 00:46:21,960
But once the government comes in and says,

675
00:46:22,180 --> 00:46:24,380
your money is safe no matter what,

676
00:46:24,760 --> 00:46:28,860
now the customer doesn't value safety anymore because the government has guaranteed it.

677
00:46:28,860 --> 00:46:31,520
But the problem with the government regulation is it's ineffective.

678
00:46:32,180 --> 00:46:34,620
And it ends up being politicized.

679
00:46:34,880 --> 00:46:37,840
Because if you remember, during the housing days,

680
00:46:38,260 --> 00:46:41,380
as lending standards kept being lowered and lowered and lowered,

681
00:46:41,480 --> 00:46:45,300
it was the government that was leading the charge to lower standards.

682
00:46:45,900 --> 00:46:48,400
Because the voters wanted to buy more houses.

683
00:46:48,680 --> 00:46:50,660
Because housing was thought of as a way to get rich.

684
00:46:51,040 --> 00:46:54,460
And the only obstacle was the down payment, the credit score.

685
00:46:54,780 --> 00:46:57,100
And so it was the government that was pressuring banks,

686
00:46:57,100 --> 00:47:00,300
hey, forget about credit scores, lower those down payments.

687
00:47:00,640 --> 00:47:02,700
So the banks are risky, the mortgages are risky,

688
00:47:02,960 --> 00:47:06,420
nobody cares about anything because the government's trying to make everything good.

689
00:47:06,500 --> 00:47:08,600
The government's trying to say, don't worry about risk,

690
00:47:08,740 --> 00:47:11,220
because if you fail, we're there to catch you.

691
00:47:11,300 --> 00:47:12,360
We're there to prop you up.

692
00:47:12,580 --> 00:47:15,660
And then when it doesn't work, capitalism gets a bad name,

693
00:47:15,700 --> 00:47:18,300
as if any of this has anything to do with capitalism.

694
00:47:18,300 --> 00:47:24,980
Skipping ahead to 2011, we find the story of MF Global,

695
00:47:25,320 --> 00:47:27,880
a commodities brokerage firm headed by former senator,

696
00:47:28,100 --> 00:47:30,560
turned governor of New Jersey, John Corzine.

697
00:47:31,300 --> 00:47:36,340
It wasn't a pleasant return to Capitol Hill for former Senator John Corzine.

698
00:47:36,680 --> 00:47:40,240
He was subpoenaed to tell lawmakers how the company he headed,

699
00:47:40,640 --> 00:47:46,020
MF Global, collapsed and what happened to $1.2 billion of customers' money.

700
00:47:46,020 --> 00:47:49,140
I simply do not know where the money is

701
00:47:49,140 --> 00:47:52,020
or why the accounts have not been reconciled to date.

702
00:47:54,240 --> 00:47:56,880
Don't you hate it when you can't find your keys,

703
00:47:57,100 --> 00:48:00,000
your phone or a billion dollars of other people's money?

704
00:48:00,340 --> 00:48:01,520
It's so frustrating.

705
00:48:03,100 --> 00:48:06,120
But as uncomfortable as Corzine may have been

706
00:48:06,120 --> 00:48:08,560
sitting there and pretending to feel bad,

707
00:48:09,120 --> 00:48:12,040
others felt a little more MF'd by the situation.

708
00:48:12,040 --> 00:48:16,320
I got burned by the MF Global scandal.

709
00:48:17,440 --> 00:48:19,200
That's when John Corzine,

710
00:48:19,900 --> 00:48:21,440
the former governor,

711
00:48:22,300 --> 00:48:24,540
Democratic governor of New Jersey,

712
00:48:25,100 --> 00:48:27,360
and former senator of New Jersey,

713
00:48:27,820 --> 00:48:30,400
and former head of the Goldman Sachs gang,

714
00:48:32,180 --> 00:48:33,940
after he did a stint with those,

715
00:48:34,080 --> 00:48:36,660
he was the head of MF Global.

716
00:48:36,960 --> 00:48:38,020
Yeah, MF.

717
00:48:38,020 --> 00:48:38,100
MF.

718
00:48:38,500 --> 00:48:38,980
Perfect.

719
00:48:40,540 --> 00:48:44,220
MF Global went into my segregated account

720
00:48:44,220 --> 00:48:46,300
and stole my money.

721
00:48:47,540 --> 00:48:50,280
Six figures, and I work hard for my money.

722
00:48:51,040 --> 00:48:53,200
I wasn't speculating in the markets.

723
00:48:53,820 --> 00:48:55,280
He went in and stole my money.

724
00:48:57,000 --> 00:49:00,620
While investigating how this money was stolen out of his account

725
00:49:00,620 --> 00:49:02,900
without the financial regulators intervening,

726
00:49:02,900 --> 00:49:08,540
Mr. Salente's investigations found the tell-tale squeak of the revolving door.

727
00:49:10,980 --> 00:49:15,860
The CFTC is the agency which regulates brokerage firms like MF Global.

728
00:49:16,940 --> 00:49:18,840
At the time of the MF robbery,

729
00:49:19,240 --> 00:49:22,360
the CFTC was headed by one Gary Gensler,

730
00:49:22,760 --> 00:49:24,740
a close colleague of Corzine's.

731
00:49:24,740 --> 00:49:36,600
Gary's never once let his team forget what this is all about.

732
00:49:37,760 --> 00:49:38,880
The American people.

733
00:49:39,460 --> 00:49:42,900
Do you know what the Commodities Future Trading Commission did to John Corzine?

734
00:49:43,680 --> 00:49:45,960
After robbing me and thousands of others?

735
00:49:46,720 --> 00:49:47,060
Nothing.

736
00:49:47,900 --> 00:49:48,240
Nothing.

737
00:49:49,040 --> 00:49:51,800
Gary Gensler was his lieutenant at Goldman Sachs,

738
00:49:51,800 --> 00:49:54,660
and he's the head of the Commodities Future Trading Commission?

739
00:49:56,040 --> 00:49:56,760
You want to tell me,

740
00:49:56,960 --> 00:50:01,580
to say that the fox is watching the chicken coop is stupid.

741
00:50:03,240 --> 00:50:04,740
It's worse than that.

742
00:50:04,740 --> 00:50:21,780
The MF Global Collapse is an example of the alliance

743
00:50:21,780 --> 00:50:25,100
between regulators and big business in the financial industry.

744
00:50:25,100 --> 00:50:36,180
But a more troubling phenomenon called a bail-in was recently seen in Cyprus.

745
00:50:37,540 --> 00:50:41,940
Even in my direst predictions in this parliament over the years

746
00:50:41,940 --> 00:50:44,620
about the way the EU bosses were behaving,

747
00:50:45,080 --> 00:50:49,100
never did I think that they would, in a completely unprecedented manner,

748
00:50:49,500 --> 00:50:53,080
resort to stealing money from people's bank account.

749
00:50:53,080 --> 00:51:00,440
Recently in Cyprus, the banks had been irresponsible,

750
00:51:01,220 --> 00:51:04,940
and it was the public, all of the depositors, that paid the price,

751
00:51:05,180 --> 00:51:10,140
and they called it a bail-in to make it sound different from a bail-out.

752
00:51:10,140 --> 00:51:17,220
What happened was many of the banks in Cyprus bought a lot of Greek government debt.

753
00:51:17,560 --> 00:51:21,200
And as you know, over the last few years, Greek government debt has all but collapsed.

754
00:51:21,640 --> 00:51:25,360
So that made these Cyprus banks all but insolvent.

755
00:51:26,020 --> 00:51:29,960
And they went, just like always, the big banks went with the government and said,

756
00:51:30,040 --> 00:51:33,480
hey, we're broke, can you help us out and steal money for us?

757
00:51:33,480 --> 00:51:34,300
And that's what they did.

758
00:51:34,400 --> 00:51:40,160
They just said, take 50% of anyone over $100,000, take 50% of all their money, just take it.

759
00:51:40,160 --> 00:51:46,280
Just the term bail-in is a lie.

760
00:51:46,440 --> 00:51:52,700
This is something that is a marketing tool to basically cover up a theft.

761
00:51:54,300 --> 00:51:58,500
A bail-out, they whip up currency and they give it to the banks,

762
00:51:58,800 --> 00:52:03,440
and then the public eventually pays for that through a tax called inflation,

763
00:52:03,980 --> 00:52:06,020
because there's now more currency in existence.

764
00:52:06,020 --> 00:52:11,860
A bail-in, they skip the part of creating currency and they just take it from the depositors.

765
00:52:12,180 --> 00:52:16,820
But basically, the banks win at the public's expense either way.

766
00:52:19,320 --> 00:52:22,160
But that was Cyprus, not the U.S.

767
00:52:22,420 --> 00:52:28,300
There's just no way the citizens of North America would allow something as underhanded as a bail-in.

768
00:52:28,300 --> 00:52:36,460
Canada actually put in their 2013 budget a bail-in clause, the exact same thing.

769
00:52:36,540 --> 00:52:41,060
They said, if the Canadian banks have problems, that they can just take it from Canadian citizens.

770
00:52:41,280 --> 00:52:42,980
The U.S. has been talking about it as well.

771
00:52:43,300 --> 00:52:45,840
The governments allow these banks to do these kind of things.

772
00:52:47,920 --> 00:52:50,680
Cyprus was the model to see if they could get away with it.

773
00:52:50,680 --> 00:53:00,160
They got away with it, and so now it's proven successful, so it is a solution they can use in the future.

774
00:53:03,120 --> 00:53:08,820
In hindsight, it seems obvious that the financial sector would be rife with corruption and back-dealing.

775
00:53:09,720 --> 00:53:14,260
Finance, education, the prison system, the military-industrial complex.

776
00:53:14,260 --> 00:53:20,340
Almost every industry in which there is money to be made has been affected by the revolving door.

777
00:53:21,620 --> 00:53:24,740
Even relatively new agencies are subject to its spin.

778
00:53:25,400 --> 00:53:29,720
If you need proof, try to take some nail clippers onto a domestic flight.

779
00:53:37,580 --> 00:53:42,200
When you go to the airport, the TSA agents want to go out and they want to invade your privacy.

780
00:53:42,200 --> 00:53:44,240
They want to look through your bags. They want to do all of this stuff.

781
00:53:44,600 --> 00:53:46,400
And you don't have the option to say no.

782
00:53:46,540 --> 00:53:47,880
Once you get in line, you can't get out.

783
00:53:48,440 --> 00:53:53,180
Now, what is the point of the entire TSA system?

784
00:53:53,420 --> 00:53:54,460
It's security theater.

785
00:53:54,720 --> 00:53:57,960
It's to make people feel scared, not to make people feel safe.

786
00:53:58,100 --> 00:54:00,440
Because the more they can actually make people feel scared,

787
00:54:00,600 --> 00:54:04,600
the more they can actually take a little bit of their rights away all the time

788
00:54:04,600 --> 00:54:08,220
and constantly remind them that they need the government to make sure

789
00:54:08,220 --> 00:54:10,840
that their safety is well taken care of.

790
00:54:12,200 --> 00:54:15,760
The body scanners that stop you from taking dangerous objects,

791
00:54:16,040 --> 00:54:21,000
like bottles of water, onto planes, were installed due to TSA regulations.

792
00:54:21,900 --> 00:54:24,360
As head of the Department of Homeland Security,

793
00:54:24,880 --> 00:54:29,580
Michael Chertoff required every airport in the country have those scanners installed.

794
00:54:30,140 --> 00:54:31,320
For our safety, of course.

795
00:54:31,320 --> 00:54:38,260
This technology allows us to detect any item concealed on a person's body,

796
00:54:38,360 --> 00:54:41,880
including molded plastic, hidden under clothing.

797
00:54:43,020 --> 00:54:47,160
Scanners themselves are built and installed by a company called RapaScan.

798
00:54:47,160 --> 00:54:53,240
Can you guess who worked as a consultant for RapaScan after leaving Homeland Security?

799
00:54:53,240 --> 00:54:56,940
Oh yeah, I remember. Let me see.

800
00:54:58,200 --> 00:55:02,920
Cherk, Cherkhoff, Cherkhoff, Cherkhoff, somebody Cherkhoff, Cherkhoff.

801
00:55:03,320 --> 00:55:08,180
He was the head of the Homeland Security right after the underpants bomber.

802
00:55:08,720 --> 00:55:13,560
Right after that happened, Cherkhoff, Cherkhoff, whatever his name is,

803
00:55:13,560 --> 00:55:15,840
he appeared on all the national media.

804
00:55:15,840 --> 00:55:20,840
We have to get them x-ray machines in there.

805
00:55:22,840 --> 00:55:26,180
RapaScan. RapaScan. RapaScan.

806
00:55:26,700 --> 00:55:29,260
Somebody's scam. That's the name of the company.

807
00:55:30,040 --> 00:55:31,080
Yeah, well, they x-rayed you.

808
00:55:31,720 --> 00:55:33,140
They x-rayed you.

809
00:55:34,600 --> 00:55:37,140
Oh, son of a gun.

810
00:55:38,420 --> 00:55:38,780
Wow.

811
00:55:40,180 --> 00:55:43,520
Cherkhoff is a consultant for that company

812
00:55:43,520 --> 00:55:45,680
after he left Homeland Security.

813
00:55:45,840 --> 00:55:52,260
Okay, let's get this straight.

814
00:55:53,040 --> 00:55:54,220
GMOs. Safe.

815
00:55:54,760 --> 00:55:56,340
Raw milk. Unsafe.

816
00:55:57,040 --> 00:55:59,440
Preparing poultry in the open air is unsanitary,

817
00:55:59,980 --> 00:56:02,320
but drugs that cause heart attacks are fine.

818
00:56:03,120 --> 00:56:04,920
Blasting a joint will make you want to kill.

819
00:56:05,800 --> 00:56:08,800
Getting x-rayed at the airport is vital to national security,

820
00:56:09,320 --> 00:56:11,220
and stealing from your customers is okay,

821
00:56:11,640 --> 00:56:14,360
provided you do it a billion dollars at a time.

822
00:56:16,340 --> 00:56:20,560
With regulatory agencies so deeply entangled with big business,

823
00:56:20,940 --> 00:56:24,220
it's almost impossible to know whether the rules we live by

824
00:56:24,220 --> 00:56:27,900
are there for our safety or someone else's financial benefit.

825
00:56:29,040 --> 00:56:33,260
Whatever the reason, the end result is our lives are now so heavily manipulated

826
00:56:33,260 --> 00:56:38,560
by the desires of others that our choices are becoming more and more limited.

827
00:56:38,560 --> 00:56:42,580
That's what government regulation is all about.

828
00:56:42,580 --> 00:56:44,240
It's all about limiting your choices.

829
00:56:44,820 --> 00:56:47,160
The government wants to make those choices for you.

830
00:56:47,440 --> 00:56:49,380
They want to take away your freedom to choose.

831
00:56:49,900 --> 00:56:52,460
The choices that you make, the types of food that you eat,

832
00:56:52,580 --> 00:56:55,020
all of this is determined for you by the government.

833
00:56:55,280 --> 00:56:57,040
And why can't we make choices?

834
00:56:57,580 --> 00:56:58,860
That's what freedom is about.

835
00:56:59,860 --> 00:57:02,480
The politicians think that, hey, it's important that we all vote.

836
00:57:02,480 --> 00:57:06,840
They can trust us to vote, but they can't trust us to make these basic decisions

837
00:57:06,840 --> 00:57:09,660
about whether we should buy a house or whether we should rent their house

838
00:57:09,660 --> 00:57:13,280
or should we use this broker or that broker or should I put on my seatbelt

839
00:57:13,280 --> 00:57:16,180
or should I wear a helmet or should I smoke cigarettes or, you know,

840
00:57:16,240 --> 00:57:18,320
all these choices need to be made by the government.

841
00:57:18,440 --> 00:57:19,900
But somehow we're smart enough to vote,

842
00:57:20,080 --> 00:57:22,260
but we're too dumb to do just about anything else.

843
00:57:22,260 --> 00:57:28,640
This over-regulation has implications other than just limiting our choices.

844
00:57:29,640 --> 00:57:33,740
By giving government agencies the authority to regulate our lives,

845
00:57:34,020 --> 00:57:35,340
even in the name of protection,

846
00:57:35,920 --> 00:57:38,460
it has led to an expansion of government power

847
00:57:38,460 --> 00:57:40,980
at the expense of individual freedoms.

848
00:57:41,940 --> 00:57:42,840
What's the old saying?

849
00:57:43,140 --> 00:57:47,740
Give them an inch and they'll take your money, life, and favorite dairy products?

850
00:57:48,200 --> 00:57:49,140
Something like that.

851
00:57:52,260 --> 00:57:55,800
The more laws there are, the more rules and regulations there are,

852
00:57:55,880 --> 00:57:58,260
the more taxes there are, the less freedom you have.

853
00:57:58,340 --> 00:57:59,420
I mean, that's what freedom is.

854
00:57:59,500 --> 00:58:00,620
It's freedom from government.

855
00:58:01,300 --> 00:58:04,000
So when people are free, it means that they do what they want.

856
00:58:04,060 --> 00:58:05,560
They don't have to do what the government tells them.

857
00:58:07,760 --> 00:58:11,800
Career bureaucrats are usually dedicated pro-regulatory people.

858
00:58:12,460 --> 00:58:15,160
They are fans of state paternalism,

859
00:58:15,360 --> 00:58:17,660
of government making individual choices,

860
00:58:17,660 --> 00:58:23,080
and the result of that is to really deprive individuals of sovereignty.

861
00:58:24,040 --> 00:58:27,320
It makes individuals mere functionaries of the state

862
00:58:27,320 --> 00:58:31,000
rather than people who can pursue their own self-interest

863
00:58:31,000 --> 00:58:33,800
and enjoy the benefits and blessings of liberty.

864
00:58:33,800 --> 00:58:41,480
It really does come down to who owns me,

865
00:58:41,800 --> 00:58:43,160
who owns the individual.

866
00:58:44,500 --> 00:58:48,680
You can't have a system that denies choice

867
00:58:48,680 --> 00:58:54,020
trying to protect us from the risk of bad choice

868
00:58:54,020 --> 00:58:59,120
and preserve the freedom to make good choices.

869
00:58:59,120 --> 00:59:00,600
That's the problem.

870
00:59:02,180 --> 00:59:03,780
You can't have it both ways.

871
00:59:04,660 --> 00:59:06,280
Freedom requires risk.

872
00:59:08,420 --> 00:59:09,840
Should I wear a seatbelt?

873
00:59:10,480 --> 00:59:12,260
Is this bank a safe place to keep my money?

874
00:59:12,940 --> 00:59:13,980
Do I need insurance?

875
00:59:15,720 --> 00:59:18,200
We're all so busy with our daily lives

876
00:59:18,200 --> 00:59:21,760
that making important decisions can become overwhelmingly daunting.

877
00:59:22,700 --> 00:59:26,600
A lot of people prefer the freedom from making choices,

878
00:59:26,600 --> 00:59:30,580
even if it means the choices being made for them aren't the best.

879
00:59:32,580 --> 00:59:36,760
The idea that government should make our choices for us

880
00:59:36,760 --> 00:59:39,160
is one that a lot of people prefer

881
00:59:39,160 --> 00:59:41,620
rather than to make their own choices.

882
00:59:42,440 --> 00:59:45,680
But once the point is reached,

883
00:59:46,080 --> 00:59:47,900
like in the former Soviet Union,

884
00:59:48,560 --> 00:59:51,860
when choices are made for you by the government

885
00:59:51,860 --> 00:59:56,660
to such an extent that it destroys the economy,

886
00:59:57,460 --> 00:59:59,980
that it destroys free agency,

887
01:00:00,520 --> 01:00:02,580
that it renders everyone a servant

888
01:00:02,580 --> 01:00:05,280
and the state a master,

889
01:00:06,260 --> 01:00:10,880
then at some point individuals come in large numbers

890
01:00:10,880 --> 01:00:13,380
to the conclusion that they're not getting what they were promised,

891
01:00:13,840 --> 01:00:15,920
that they are overtaxed,

892
01:00:15,980 --> 01:00:16,960
that they're overregulated,

893
01:00:17,080 --> 01:00:18,200
that their choices are limited,

894
01:00:18,200 --> 01:00:20,220
that paternalism is disgusting,

895
01:00:20,360 --> 01:00:21,860
it's caused me heartache,

896
01:00:22,060 --> 01:00:23,960
and I'm going to reject it.

897
01:00:24,060 --> 01:00:25,060
I want my freedom.

898
01:00:27,120 --> 01:00:28,760
Until that point is reached,

899
01:00:29,140 --> 01:00:32,060
most people will be content with their comfortable lives

900
01:00:32,060 --> 01:00:34,080
and the choices still available to them.

901
01:00:35,220 --> 01:00:37,920
The hardworking people don't have time to watch

902
01:00:37,920 --> 01:00:39,120
or hear what's going on.

903
01:00:39,400 --> 01:00:40,960
They're working 24-7.

904
01:00:41,080 --> 01:00:42,360
They're trying to make ends meet.

905
01:00:43,100 --> 01:00:45,680
So, what does America watch?

906
01:00:45,680 --> 01:00:50,380
Hey, you know, Kim Kardashian's pregnant.

907
01:00:50,500 --> 01:00:52,340
She's going to have the kid real soon.

908
01:00:53,540 --> 01:00:56,820
The media makes sure that we don't dwell very long

909
01:00:56,820 --> 01:00:58,660
on any really serious issue.

910
01:00:59,420 --> 01:01:00,740
We've all seen the phenomenon

911
01:01:00,740 --> 01:01:02,880
where there's something very serious

912
01:01:02,880 --> 01:01:06,140
that comes up involving the serious aspects

913
01:01:06,140 --> 01:01:07,800
of what's going on in the world,

914
01:01:08,020 --> 01:01:11,140
and it gets on the news for a very brief period of time,

915
01:01:11,220 --> 01:01:13,440
and all of a sudden now that's been switched off

916
01:01:13,440 --> 01:01:17,380
and we're soon distracted with soapbox operas

917
01:01:17,380 --> 01:01:19,360
and dancing with the stars

918
01:01:19,360 --> 01:01:22,580
and all kinds of things that are entertaining,

919
01:01:22,820 --> 01:01:24,820
and I'm not saying anything against them,

920
01:01:25,000 --> 01:01:28,620
but it's not as serious as the lack of everybody's freedom

921
01:01:28,620 --> 01:01:32,540
through a new amendment to the Patriot Act, for example.

922
01:01:32,540 --> 01:01:36,900
The media may try their best to give us a fair

923
01:01:36,900 --> 01:01:39,360
and balanced opinion of world events,

924
01:01:39,900 --> 01:01:41,780
but there are now other avenues available

925
01:01:41,780 --> 01:01:44,220
for those seeking unfiltered news.

926
01:01:46,400 --> 01:01:49,400
The way that the net and the web were built

927
01:01:49,400 --> 01:01:51,480
involves a lot of decentralization.

928
01:01:51,480 --> 01:01:54,620
It moves power into the hands of the people

929
01:01:54,620 --> 01:01:56,020
sending and receiving messages

930
01:01:56,020 --> 01:01:58,600
as opposed to the people in the middle

931
01:01:58,600 --> 01:01:59,740
that are handing them off,

932
01:01:59,740 --> 01:02:02,300
and that is a scary prospect

933
01:02:02,300 --> 01:02:04,680
for entrenched stakeholders.

934
01:02:07,680 --> 01:02:10,200
Any alternative media

935
01:02:10,200 --> 01:02:13,040
other than the corporate media

936
01:02:13,040 --> 01:02:14,640
that is so rigidly controlled

937
01:02:14,640 --> 01:02:16,500
is a threat.

938
01:02:17,060 --> 01:02:19,180
The internet is certainly a threat

939
01:02:19,180 --> 01:02:21,760
because the internet gives almost anyone

940
01:02:21,760 --> 01:02:24,180
access to the world.

941
01:02:24,180 --> 01:02:26,780
So, now, are we surprised

942
01:02:26,780 --> 01:02:29,340
when the political figures

943
01:02:29,340 --> 01:02:30,720
who don't like that

944
01:02:30,720 --> 01:02:32,420
are constantly worried

945
01:02:32,420 --> 01:02:34,780
about how can we stop this?

946
01:02:35,340 --> 01:02:38,360
Well, the formula has been tried and true.

947
01:02:38,460 --> 01:02:39,220
It's always worked.

948
01:02:39,320 --> 01:02:40,140
Just tell the people

949
01:02:40,140 --> 01:02:42,260
that there's a threat out there

950
01:02:42,260 --> 01:02:44,140
that only the government can control.

951
01:02:44,320 --> 01:02:45,960
I mean, there's a threat of child pornography

952
01:02:45,960 --> 01:02:47,480
or crime or terrorism

953
01:02:47,480 --> 01:02:49,760
or cyberterrorism or something.

954
01:02:49,960 --> 01:02:51,700
We have to control the internet

955
01:02:51,700 --> 01:02:53,320
for your good, folks.

956
01:02:53,400 --> 01:02:54,440
Otherwise, you're going to have

957
01:02:54,440 --> 01:02:55,620
a big problem.

958
01:02:56,540 --> 01:02:57,640
That's why they're working

959
01:02:57,640 --> 01:02:58,940
around the clock

960
01:02:58,940 --> 01:03:00,700
to try and scare people

961
01:03:00,700 --> 01:03:02,020
into thinking that

962
01:03:02,020 --> 01:03:03,840
the internet must be controlled

963
01:03:03,840 --> 01:03:06,420
by our fine, trustworthy,

964
01:03:06,760 --> 01:03:07,600
political figures.

965
01:03:07,880 --> 01:03:08,940
They want to be the ones

966
01:03:08,940 --> 01:03:09,960
that control the internet

967
01:03:09,960 --> 01:03:11,220
and tell the world

968
01:03:11,220 --> 01:03:12,160
what is proper

969
01:03:12,160 --> 01:03:13,040
and what is improper.

970
01:03:14,720 --> 01:03:16,120
If you look at the history

971
01:03:16,120 --> 01:03:17,740
of communications media,

972
01:03:18,140 --> 01:03:18,680
people said,

973
01:03:18,780 --> 01:03:19,620
with cable television,

974
01:03:19,760 --> 01:03:20,600
we'll finally be free

975
01:03:20,600 --> 01:03:21,520
of centralization

976
01:03:21,520 --> 01:03:23,520
and with the telegram,

977
01:03:23,660 --> 01:03:24,360
we'll finally be free

978
01:03:24,360 --> 01:03:25,020
of centralization.

979
01:03:25,640 --> 01:03:26,820
And really,

980
01:03:26,920 --> 01:03:27,660
the worst-case scenario

981
01:03:27,660 --> 01:03:28,260
would be

982
01:03:28,260 --> 01:03:30,860
if we saw that history

983
01:03:30,860 --> 01:03:32,620
just repeat itself exactly.

984
01:03:32,960 --> 01:03:33,780
If we saw

985
01:03:33,780 --> 01:03:35,380
this amazing

986
01:03:35,380 --> 01:03:37,480
decentralized distribution method,

987
01:03:37,580 --> 01:03:38,680
the most effective one

988
01:03:38,680 --> 01:03:39,540
ever produced

989
01:03:39,540 --> 01:03:40,280
in the history of humanity,

990
01:03:40,580 --> 01:03:41,500
if we saw it captured

991
01:03:41,500 --> 01:03:42,760
by a handful

992
01:03:42,760 --> 01:03:43,840
of centralized stakeholders

993
01:03:43,840 --> 01:03:45,560
and them controlling

994
01:03:45,560 --> 01:03:47,000
and surveilling

995
01:03:47,000 --> 01:03:48,420
the communications

996
01:03:48,420 --> 01:03:49,240
that go through it.

997
01:03:50,600 --> 01:03:52,780
good things,

998
01:03:53,020 --> 01:03:54,480
unlike processed cheese,

999
01:03:54,740 --> 01:03:55,460
never last.

1000
01:03:56,540 --> 01:03:57,660
In an attempt to regulate

1001
01:03:57,660 --> 01:03:58,740
yet another slice

1002
01:03:58,740 --> 01:03:59,480
of our lives,

1003
01:04:00,100 --> 01:04:00,960
legislative bills

1004
01:04:00,960 --> 01:04:02,220
are already in the works

1005
01:04:02,220 --> 01:04:03,420
to try and control

1006
01:04:03,420 --> 01:04:03,960
the internet.

1007
01:04:04,800 --> 01:04:06,280
But rather than wait

1008
01:04:06,280 --> 01:04:07,680
for pesky red tape

1009
01:04:07,680 --> 01:04:09,020
like passing laws,

1010
01:04:09,500 --> 01:04:10,040
the government

1011
01:04:10,040 --> 01:04:11,120
has been proactive

1012
01:04:11,120 --> 01:04:12,420
in trying to censor

1013
01:04:12,420 --> 01:04:12,900
the internet,

1014
01:04:13,300 --> 01:04:14,040
for our safety,

1015
01:04:14,180 --> 01:04:14,580
of course.

1016
01:04:15,520 --> 01:04:16,440
For example,

1017
01:04:16,780 --> 01:04:17,380
with the help

1018
01:04:17,380 --> 01:04:18,380
of their good buddies

1019
01:04:18,380 --> 01:04:19,460
and big finance,

1020
01:04:19,840 --> 01:04:21,020
they were almost able

1021
01:04:21,020 --> 01:04:21,820
to shut down

1022
01:04:21,820 --> 01:04:23,320
the controversial website

1023
01:04:23,320 --> 01:04:24,220
WikiLeaks.

1024
01:04:25,320 --> 01:04:26,240
Think what you will

1025
01:04:26,240 --> 01:04:26,900
about WikiLeaks.

1026
01:04:27,700 --> 01:04:28,940
The point is that

1027
01:04:28,940 --> 01:04:30,240
members of the government

1028
01:04:30,240 --> 01:04:31,180
were able to just

1029
01:04:31,180 --> 01:04:33,620
speak with payment processors

1030
01:04:33,620 --> 01:04:35,200
and create this blockade

1031
01:04:35,200 --> 01:04:36,380
and say,

1032
01:04:36,560 --> 01:04:38,180
you cannot transfer money

1033
01:04:38,180 --> 01:04:39,040
to this organization.

1034
01:04:39,040 --> 01:04:40,260
and it's not

1035
01:04:40,260 --> 01:04:41,060
much of a leap

1036
01:04:41,060 --> 01:04:41,460
to say,

1037
01:04:41,540 --> 01:04:41,640
wait,

1038
01:04:41,720 --> 01:04:42,140
hold on.

1039
01:04:43,080 --> 01:04:43,700
The government

1040
01:04:43,700 --> 01:04:44,940
or in some cases

1041
01:04:44,940 --> 01:04:46,260
companies can decide

1042
01:04:46,260 --> 01:04:47,680
that nobody

1043
01:04:47,680 --> 01:04:48,380
can do business

1044
01:04:48,380 --> 01:04:49,120
with these people

1045
01:04:49,120 --> 01:04:50,080
or that nobody

1046
01:04:50,080 --> 01:04:51,120
can see

1047
01:04:51,120 --> 01:04:52,140
what these people

1048
01:04:52,140 --> 01:04:52,620
are publishing.

1049
01:04:53,000 --> 01:04:54,020
That's obviously

1050
01:04:54,020 --> 01:04:54,620
a problem

1051
01:04:54,620 --> 01:04:56,140
in our tradition

1052
01:04:56,140 --> 01:04:56,860
of free speech.

1053
01:04:58,860 --> 01:04:59,460
WikiLeaks

1054
01:04:59,460 --> 01:05:00,580
was able to survive

1055
01:05:00,580 --> 01:05:01,600
thanks mostly

1056
01:05:01,600 --> 01:05:03,160
to a very new concept,

1057
01:05:03,880 --> 01:05:05,140
decentralized money.

1058
01:05:05,140 --> 01:05:09,160
Unlike most currencies

1059
01:05:09,160 --> 01:05:09,780
in the world,

1060
01:05:09,960 --> 01:05:10,720
which are created

1061
01:05:10,720 --> 01:05:11,440
and regulated

1062
01:05:11,440 --> 01:05:12,480
by central banks,

1063
01:05:13,220 --> 01:05:14,700
decentralized currency,

1064
01:05:14,960 --> 01:05:15,680
such as Bitcoin,

1065
01:05:16,160 --> 01:05:16,940
is created

1066
01:05:16,940 --> 01:05:17,820
by the people

1067
01:05:17,820 --> 01:05:18,920
and as such

1068
01:05:18,920 --> 01:05:20,400
is almost impossible

1069
01:05:20,400 --> 01:05:21,140
to control.

1070
01:05:23,520 --> 01:05:24,940
Bitcoin's a decentralized,

1071
01:05:25,460 --> 01:05:26,440
peer-to-peer currency.

1072
01:05:26,760 --> 01:05:27,280
It's actually

1073
01:05:27,280 --> 01:05:28,660
an internet protocol,

1074
01:05:29,200 --> 01:05:31,540
kind of like SMTP.

1075
01:05:31,780 --> 01:05:32,960
That's how you send emails.

1076
01:05:32,960 --> 01:05:34,260
Well, it's money

1077
01:05:34,260 --> 01:05:35,320
over internet protocol.

1078
01:05:35,480 --> 01:05:36,680
It's how we can send money

1079
01:05:36,680 --> 01:05:37,440
over the internet.

1080
01:05:38,040 --> 01:05:39,460
And we can use it

1081
01:05:39,460 --> 01:05:40,800
to transfer value

1082
01:05:40,800 --> 01:05:42,160
without having a middleman.

1083
01:05:42,680 --> 01:05:43,740
That means we don't need

1084
01:05:43,740 --> 01:05:44,360
a bank

1085
01:05:44,360 --> 01:05:45,680
or a money transmitter

1086
01:05:45,680 --> 01:05:46,380
between us,

1087
01:05:46,420 --> 01:05:47,580
someone like Western Union.

1088
01:05:47,840 --> 01:05:49,080
We can just send money

1089
01:05:49,080 --> 01:05:50,260
like we send an email.

1090
01:05:51,800 --> 01:05:52,440
Bitcoin's,

1091
01:05:52,600 --> 01:05:53,820
I'm incredibly excited

1092
01:05:53,820 --> 01:05:54,140
about it

1093
01:05:54,140 --> 01:05:54,940
because it's the first

1094
01:05:54,940 --> 01:05:56,240
free market,

1095
01:05:56,420 --> 01:05:57,180
private money

1096
01:05:57,180 --> 01:05:58,180
that's also

1097
01:05:58,180 --> 01:06:00,080
a technological money.

1098
01:06:00,260 --> 01:06:01,260
It's electronic currency.

1099
01:06:02,120 --> 01:06:02,940
The great thing about it

1100
01:06:02,940 --> 01:06:03,800
is it's not controlled

1101
01:06:03,800 --> 01:06:04,560
by a central bank.

1102
01:06:04,640 --> 01:06:05,180
It's not controlled

1103
01:06:05,180 --> 01:06:05,760
by anyone.

1104
01:06:05,980 --> 01:06:06,820
It's actually really

1105
01:06:06,820 --> 01:06:07,700
the people's money.

1106
01:06:08,200 --> 01:06:09,340
So it gives a lot

1107
01:06:09,340 --> 01:06:09,800
of freedom.

1108
01:06:11,300 --> 01:06:12,260
Why do we have

1109
01:06:12,260 --> 01:06:13,380
the supply of money

1110
01:06:13,380 --> 01:06:15,200
and the cost of money

1111
01:06:15,200 --> 01:06:16,180
or interest rates

1112
01:06:16,180 --> 01:06:18,460
set by some bureaucrats

1113
01:06:18,460 --> 01:06:20,100
3,000 miles away

1114
01:06:20,100 --> 01:06:21,520
in Washington, D.C.?

1115
01:06:21,520 --> 01:06:22,900
How efficient is that

1116
01:06:22,900 --> 01:06:23,740
for our economy?

1117
01:06:24,020 --> 01:06:25,160
Because interest rates,

1118
01:06:25,240 --> 01:06:26,240
they regulate production

1119
01:06:26,240 --> 01:06:26,940
over time.

1120
01:06:27,360 --> 01:06:28,620
And they regulate

1121
01:06:28,620 --> 01:06:29,880
all the production

1122
01:06:29,880 --> 01:06:30,920
within the economy.

1123
01:06:31,140 --> 01:06:31,320
You know,

1124
01:06:31,380 --> 01:06:32,360
whether we should save

1125
01:06:32,360 --> 01:06:33,120
or whether we should

1126
01:06:33,120 --> 01:06:33,940
build something.

1127
01:06:35,000 --> 01:06:36,680
Bitcoin liberates

1128
01:06:36,680 --> 01:06:37,820
that interest rate

1129
01:06:37,820 --> 01:06:38,480
because it's

1130
01:06:38,480 --> 01:06:40,000
a censorship-resistant

1131
01:06:40,000 --> 01:06:40,560
currency,

1132
01:06:40,760 --> 01:06:41,960
so we don't have

1133
01:06:41,960 --> 01:06:42,800
to use their money

1134
01:06:42,800 --> 01:06:43,740
system anymore.

1135
01:06:47,040 --> 01:06:48,120
Decentralized currencies

1136
01:06:48,120 --> 01:06:48,980
like Bitcoin

1137
01:06:48,980 --> 01:06:50,100
offer an alternative

1138
01:06:50,100 --> 01:06:51,380
to the highly regulated

1139
01:06:51,380 --> 01:06:52,180
and controlled

1140
01:06:52,180 --> 01:06:53,220
national currencies

1141
01:06:53,220 --> 01:06:53,780
of the world.

1142
01:06:54,340 --> 01:06:54,660
But,

1143
01:06:54,780 --> 01:06:55,860
as with the government's

1144
01:06:55,860 --> 01:06:56,620
push to regulate

1145
01:06:56,620 --> 01:06:57,140
the Internet,

1146
01:06:57,740 --> 01:06:58,560
attempts to regulate

1147
01:06:58,560 --> 01:06:59,620
the purchase of Bitcoin

1148
01:06:59,620 --> 01:07:01,040
have already been seen.

1149
01:07:01,040 --> 01:07:03,720
I recently tried

1150
01:07:03,720 --> 01:07:04,120
to start up

1151
01:07:04,120 --> 01:07:05,120
a Bitcoin ATM.

1152
01:07:06,200 --> 01:07:07,520
I hired some lawyers

1153
01:07:07,520 --> 01:07:08,940
in the U.S.,

1154
01:07:08,940 --> 01:07:09,740
and they told me,

1155
01:07:10,180 --> 01:07:10,860
you're under five

1156
01:07:10,860 --> 01:07:11,620
different regulators

1157
01:07:11,620 --> 01:07:12,360
in the U.S.

1158
01:07:12,360 --> 01:07:13,380
You're under banking,

1159
01:07:13,900 --> 01:07:14,940
finance, money,

1160
01:07:15,400 --> 01:07:16,780
even telecommunications

1161
01:07:16,780 --> 01:07:17,460
because we're using

1162
01:07:17,460 --> 01:07:17,940
the Internet.

1163
01:07:18,700 --> 01:07:19,460
And we looked

1164
01:07:19,460 --> 01:07:20,320
into the total cost

1165
01:07:20,320 --> 01:07:20,900
just to start

1166
01:07:20,900 --> 01:07:22,000
a Bitcoin ATM,

1167
01:07:22,140 --> 01:07:23,260
a very basic product,

1168
01:07:23,620 --> 01:07:24,300
no less than

1169
01:07:24,300 --> 01:07:25,060
$25 million

1170
01:07:25,060 --> 01:07:25,940
because we needed

1171
01:07:25,940 --> 01:07:26,400
all kinds of

1172
01:07:26,400 --> 01:07:27,380
insurance bonds

1173
01:07:27,380 --> 01:07:28,560
as a money transmitter.

1174
01:07:28,560 --> 01:07:29,700
this is how

1175
01:07:29,700 --> 01:07:30,540
they keep

1176
01:07:30,540 --> 01:07:31,620
competition out

1177
01:07:31,620 --> 01:07:31,920
because they don't

1178
01:07:31,920 --> 01:07:32,600
want competition.

1179
01:07:34,720 --> 01:07:35,740
These attempts

1180
01:07:35,740 --> 01:07:36,440
to control

1181
01:07:36,440 --> 01:07:37,500
increasing amounts

1182
01:07:37,500 --> 01:07:38,660
of our personal lives

1183
01:07:38,660 --> 01:07:39,580
have some people

1184
01:07:39,580 --> 01:07:40,460
very concerned.

1185
01:07:41,040 --> 01:07:41,800
And with each

1186
01:07:41,800 --> 01:07:42,840
successive law

1187
01:07:42,840 --> 01:07:43,640
or regulation,

1188
01:07:44,020 --> 01:07:44,620
the temptation

1189
01:07:44,620 --> 01:07:46,060
to opt out entirely

1190
01:07:46,060 --> 01:07:47,080
becomes more

1191
01:07:47,080 --> 01:07:48,020
and more appealing.

1192
01:07:48,020 --> 01:07:51,160
There are some people

1193
01:07:51,160 --> 01:07:52,180
that are abandoning

1194
01:07:52,180 --> 01:07:52,360
the ship.

1195
01:07:52,460 --> 01:07:53,120
They see the ship

1196
01:07:53,120 --> 01:07:53,520
is sinking.

1197
01:07:54,120 --> 01:07:54,680
They don't know

1198
01:07:54,680 --> 01:07:55,340
whether it's going

1199
01:07:55,340 --> 01:07:56,140
to sink for sure

1200
01:07:56,140 --> 01:07:57,420
or stay afloat somehow.

1201
01:07:57,780 --> 01:07:58,300
They don't want

1202
01:07:58,300 --> 01:07:58,820
to stay around

1203
01:07:58,820 --> 01:07:59,360
to find out.

1204
01:07:59,440 --> 01:08:00,040
They're just leaving

1205
01:08:00,040 --> 01:08:01,000
while the getting's good.

1206
01:08:01,100 --> 01:08:01,780
And I'm not going

1207
01:08:01,780 --> 01:08:02,500
to tell somebody

1208
01:08:02,500 --> 01:08:03,660
not to leave

1209
01:08:03,660 --> 01:08:04,380
because I don't know

1210
01:08:04,380 --> 01:08:05,240
for sure how bad

1211
01:08:05,240 --> 01:08:06,360
it may or may not get.

1212
01:08:08,460 --> 01:08:09,440
Jeff Berwick

1213
01:08:09,440 --> 01:08:10,440
is someone who has

1214
01:08:10,440 --> 01:08:11,380
already decided

1215
01:08:11,380 --> 01:08:12,280
to opt out.

1216
01:08:12,740 --> 01:08:13,320
To this end,

1217
01:08:13,400 --> 01:08:14,440
he formed an expat

1218
01:08:14,440 --> 01:08:15,360
community in Chile

1219
01:08:15,360 --> 01:08:16,680
hoping to create

1220
01:08:16,680 --> 01:08:18,140
a haven for freedom-loving

1221
01:08:18,140 --> 01:08:19,620
people who can no longer

1222
01:08:19,620 --> 01:08:20,800
tolerate the government

1223
01:08:20,800 --> 01:08:21,400
encroachment

1224
01:08:21,400 --> 01:08:22,900
in their personal affairs.

1225
01:08:24,940 --> 01:08:26,640
We started this community

1226
01:08:26,640 --> 01:08:27,720
because we've really

1227
01:08:27,720 --> 01:08:29,140
recognized that a lot

1228
01:08:29,140 --> 01:08:30,180
of people around the world

1229
01:08:30,180 --> 01:08:31,440
want to get out

1230
01:08:31,440 --> 01:08:32,940
of these Western countries.

1231
01:08:33,340 --> 01:08:34,360
Rising taxation,

1232
01:08:34,580 --> 01:08:35,460
rising regulation,

1233
01:08:35,780 --> 01:08:36,340
people are getting

1234
01:08:36,340 --> 01:08:37,920
put in jail in the U.S.

1235
01:08:38,040 --> 01:08:38,720
all the time

1236
01:08:38,720 --> 01:08:39,240
for nothing,

1237
01:08:39,340 --> 01:08:40,240
victimless crimes.

1238
01:08:40,760 --> 01:08:41,760
People have done nothing

1239
01:08:41,760 --> 01:08:42,420
except for maybe

1240
01:08:42,420 --> 01:08:43,320
drink raw milk

1241
01:08:43,320 --> 01:08:44,680
or have some plants

1242
01:08:44,680 --> 01:08:45,200
in their pocket

1243
01:08:45,200 --> 01:08:45,960
called marijuana.

1244
01:08:46,680 --> 01:08:49,800
What we're trying to attract

1245
01:08:49,800 --> 01:08:50,540
and what we've been

1246
01:08:50,540 --> 01:08:51,000
attracting

1247
01:08:51,000 --> 01:08:52,800
is more freedom-minded people.

1248
01:08:54,420 --> 01:08:55,120
Everyone has

1249
01:08:55,120 --> 01:08:56,140
their own personal story.

1250
01:08:56,420 --> 01:08:57,920
Sometimes it's as simple

1251
01:08:57,920 --> 01:08:59,000
as someone's been pulled

1252
01:08:59,000 --> 01:09:00,300
over like 10 times

1253
01:09:00,300 --> 01:09:00,800
in a month

1254
01:09:00,800 --> 01:09:01,960
and been searched.

1255
01:09:02,420 --> 01:09:03,020
I've seen people

1256
01:09:03,020 --> 01:09:03,700
who've had their entire

1257
01:09:03,700 --> 01:09:04,820
businesses taken away

1258
01:09:04,820 --> 01:09:05,800
through regulation

1259
01:09:05,800 --> 01:09:07,280
and fascism in the U.S.

1260
01:09:07,580 --> 01:09:08,500
There was one doctor

1261
01:09:08,500 --> 01:09:09,440
who came down recently.

1262
01:09:09,960 --> 01:09:11,160
He had a practice

1263
01:09:11,160 --> 01:09:11,780
in the U.S.

1264
01:09:11,780 --> 01:09:13,580
He had an almost 100%

1265
01:09:13,580 --> 01:09:14,480
cure cancer rate

1266
01:09:14,480 --> 01:09:15,320
within one month

1267
01:09:15,320 --> 01:09:17,080
and he had about

1268
01:09:17,080 --> 01:09:18,080
30 SWAT team

1269
01:09:18,080 --> 01:09:18,840
come in one day

1270
01:09:18,840 --> 01:09:19,500
and everything

1271
01:09:19,500 --> 01:09:20,800
taken by the government.

1272
01:09:21,140 --> 01:09:21,800
And so many people

1273
01:09:21,800 --> 01:09:22,600
have just had enough

1274
01:09:22,600 --> 01:09:24,240
of being pushed around,

1275
01:09:24,400 --> 01:09:25,280
stolen, beaten,

1276
01:09:25,900 --> 01:09:26,540
put in cages

1277
01:09:26,540 --> 01:09:27,280
for nothing,

1278
01:09:28,160 --> 01:09:29,120
have most of their money

1279
01:09:29,120 --> 01:09:29,600
taken away

1280
01:09:29,600 --> 01:09:30,280
and even sometimes

1281
01:09:30,280 --> 01:09:31,180
their entire livelihood

1282
01:09:31,180 --> 01:09:31,820
taken away.

1283
01:09:35,360 --> 01:09:36,400
Not all of us

1284
01:09:36,400 --> 01:09:37,340
can just pack up

1285
01:09:37,340 --> 01:09:38,000
our lives

1286
01:09:38,000 --> 01:09:38,860
and move to Chile.

1287
01:09:39,280 --> 01:09:40,380
So what practical

1288
01:09:40,380 --> 01:09:41,300
options are left?

1289
01:09:41,300 --> 01:09:43,820
Identifying the root

1290
01:09:43,820 --> 01:09:44,420
of the problem

1291
01:09:44,420 --> 01:09:45,360
is a good place

1292
01:09:45,360 --> 01:09:45,880
to start.

1293
01:09:47,400 --> 01:09:48,380
The issue is

1294
01:09:48,380 --> 01:09:49,220
there's this merger

1295
01:09:49,220 --> 01:09:50,720
of what would appear

1296
01:09:50,720 --> 01:09:52,200
to be private enterprise

1297
01:09:52,200 --> 01:09:53,580
and government

1298
01:09:53,580 --> 01:09:55,060
and the only way

1299
01:09:55,060 --> 01:09:55,620
to break it

1300
01:09:55,620 --> 01:09:57,560
is to restrict

1301
01:09:57,560 --> 01:09:58,640
the power

1302
01:09:58,640 --> 01:09:59,460
of the state.

1303
01:10:00,320 --> 01:10:01,440
Once you give

1304
01:10:01,440 --> 01:10:02,020
the state

1305
01:10:02,020 --> 01:10:02,720
the power,

1306
01:10:03,660 --> 01:10:04,480
the authority

1307
01:10:04,480 --> 01:10:05,560
over our lives

1308
01:10:05,560 --> 01:10:06,500
in all these areas,

1309
01:10:07,180 --> 01:10:07,860
then there's no

1310
01:10:07,860 --> 01:10:08,540
stopping it

1311
01:10:08,540 --> 01:10:09,060
because then

1312
01:10:09,060 --> 01:10:10,480
the individuals

1313
01:10:10,480 --> 01:10:11,760
who are in those fields

1314
01:10:11,760 --> 01:10:12,360
of providing

1315
01:10:12,360 --> 01:10:13,800
medical services,

1316
01:10:14,040 --> 01:10:15,300
monetary services,

1317
01:10:15,460 --> 01:10:16,440
banking services,

1318
01:10:17,260 --> 01:10:18,440
power and gas

1319
01:10:18,440 --> 01:10:18,860
and oil

1320
01:10:18,860 --> 01:10:19,960
and all these services,

1321
01:10:20,320 --> 01:10:21,300
they will gravitate

1322
01:10:21,300 --> 01:10:23,160
to the government,

1323
01:10:23,740 --> 01:10:24,900
buy off the politicians,

1324
01:10:25,120 --> 01:10:25,780
make the mergers,

1325
01:10:26,340 --> 01:10:27,060
pass the laws

1326
01:10:27,060 --> 01:10:28,040
to their best interests

1327
01:10:28,040 --> 01:10:29,140
and the average,

1328
01:10:29,340 --> 01:10:29,840
you know,

1329
01:10:30,040 --> 01:10:30,980
the gum-chewing public

1330
01:10:30,980 --> 01:10:31,240
thinks,

1331
01:10:31,580 --> 01:10:32,480
oh, well,

1332
01:10:32,600 --> 01:10:33,280
isn't that nice?

1333
01:10:33,480 --> 01:10:34,120
Well, we voted

1334
01:10:34,120 --> 01:10:34,720
for these guys

1335
01:10:34,720 --> 01:10:35,280
so I guess

1336
01:10:35,280 --> 01:10:37,000
it's in our best interest.

1337
01:10:37,180 --> 01:10:38,300
They don't get it.

1338
01:10:39,080 --> 01:10:39,980
If you take

1339
01:10:39,980 --> 01:10:40,800
all the temptation,

1340
01:10:41,000 --> 01:10:42,020
all the power away

1341
01:10:42,020 --> 01:10:43,160
from political office,

1342
01:10:43,480 --> 01:10:44,160
the only people

1343
01:10:44,160 --> 01:10:45,200
who will go into it

1344
01:10:45,200 --> 01:10:46,140
will be those

1345
01:10:46,140 --> 01:10:46,700
who want to serve

1346
01:10:46,700 --> 01:10:47,280
their country

1347
01:10:47,280 --> 01:10:48,320
because there's no way

1348
01:10:48,320 --> 01:10:49,620
to steal anything anymore.

1349
01:10:51,040 --> 01:10:52,180
The only idea

1350
01:10:52,180 --> 01:10:52,960
that I have

1351
01:10:52,960 --> 01:10:53,640
as far as

1352
01:10:53,640 --> 01:10:54,420
trying to make

1353
01:10:54,420 --> 01:10:55,340
government smaller

1354
01:10:55,340 --> 01:10:56,520
is that you,

1355
01:10:56,820 --> 01:10:57,780
in the United States

1356
01:10:57,780 --> 01:10:59,020
we've got the constitution

1357
01:10:59,020 --> 01:11:00,420
but every government

1358
01:11:00,420 --> 01:11:01,100
could pass

1359
01:11:01,100 --> 01:11:02,920
some sort of amendment

1360
01:11:02,920 --> 01:11:04,160
to their constitution

1361
01:11:04,160 --> 01:11:04,700
or whatever

1362
01:11:04,700 --> 01:11:05,720
that says

1363
01:11:05,720 --> 01:11:06,620
is that for every

1364
01:11:06,620 --> 01:11:08,540
law, act, code,

1365
01:11:08,600 --> 01:11:09,300
or regulation

1366
01:11:09,300 --> 01:11:10,320
that these screwballs

1367
01:11:10,320 --> 01:11:11,140
want to pass

1368
01:11:11,140 --> 01:11:12,300
that they've got to find

1369
01:11:12,300 --> 01:11:14,560
two old laws, codes,

1370
01:11:14,700 --> 01:11:15,700
acts, or regulations

1371
01:11:15,700 --> 01:11:16,900
that they have to repeal.

1372
01:11:17,320 --> 01:11:18,260
That's the only way

1373
01:11:18,260 --> 01:11:18,900
that I can think

1374
01:11:18,900 --> 01:11:20,240
of making government smaller.

1375
01:11:20,740 --> 01:11:22,300
And the same thing goes

1376
01:11:22,300 --> 01:11:23,600
for all of the agencies.

1377
01:11:23,600 --> 01:11:24,960
If they want to open up

1378
01:11:24,960 --> 01:11:26,220
some other agency

1379
01:11:26,220 --> 01:11:27,240
or department,

1380
01:11:27,580 --> 01:11:28,700
they've got to close too.

1381
01:11:28,700 --> 01:11:32,860
Individual freedom

1382
01:11:32,860 --> 01:11:34,540
is what defines humanity.

1383
01:11:35,340 --> 01:11:35,960
Although laws

1384
01:11:35,960 --> 01:11:36,620
and regulations

1385
01:11:36,620 --> 01:11:37,980
can make us feel safe

1386
01:11:37,980 --> 01:11:38,520
from the threats

1387
01:11:38,520 --> 01:11:39,240
we may face,

1388
01:11:39,900 --> 01:11:40,700
all the safety

1389
01:11:40,700 --> 01:11:41,280
in the world

1390
01:11:41,280 --> 01:11:42,200
means nothing

1391
01:11:42,200 --> 01:11:43,240
without the freedom

1392
01:11:43,240 --> 01:11:44,500
to live as you choose.

1393
01:11:46,680 --> 01:11:49,780
Freedom is the most important

1394
01:11:49,780 --> 01:11:51,740
and indispensable

1395
01:11:51,740 --> 01:11:53,360
characteristic of mankind.

1396
01:11:54,400 --> 01:11:55,840
We can be induced

1397
01:11:55,840 --> 01:11:57,020
by promises

1398
01:11:57,020 --> 01:11:57,740
from government

1399
01:11:57,740 --> 01:11:58,660
to depart

1400
01:11:58,660 --> 01:11:59,520
from our liberty

1401
01:11:59,520 --> 01:12:01,100
but there's nothing

1402
01:12:01,100 --> 01:12:02,300
more profound

1403
01:12:02,300 --> 01:12:03,360
for an individual

1404
01:12:03,360 --> 01:12:05,040
than when they are

1405
01:12:05,040 --> 01:12:06,180
denied something

1406
01:12:06,180 --> 01:12:07,540
they very much need

1407
01:12:07,540 --> 01:12:10,080
because they made

1408
01:12:10,080 --> 01:12:12,000
a decision earlier on

1409
01:12:12,000 --> 01:12:13,960
to part with their freedom.

1410
01:12:13,960 --> 01:12:14,760
And so

1411
01:12:14,760 --> 01:12:16,720
when you're terminally ill

1412
01:12:16,720 --> 01:12:18,820
and you suddenly discover

1413
01:12:18,820 --> 01:12:20,640
that you can only have access

1414
01:12:20,640 --> 01:12:22,500
to FDA-approved treatments

1415
01:12:22,500 --> 01:12:23,580
for your disease

1416
01:12:23,580 --> 01:12:24,720
and you're told

1417
01:12:24,720 --> 01:12:26,760
by the doctors treating you

1418
01:12:26,760 --> 01:12:27,920
that there is no drug

1419
01:12:27,920 --> 01:12:29,000
to treat your condition

1420
01:12:29,000 --> 01:12:31,180
and then to survive

1421
01:12:31,180 --> 01:12:32,720
you're going to have

1422
01:12:32,720 --> 01:12:34,220
to find something else

1423
01:12:34,220 --> 01:12:35,720
and you discover

1424
01:12:35,720 --> 01:12:37,220
that your desire

1425
01:12:37,220 --> 01:12:38,540
and your freedom of choice

1426
01:12:38,540 --> 01:12:39,700
to attain that end

1427
01:12:39,700 --> 01:12:40,720
are blocked

1428
01:12:40,720 --> 01:12:42,060
by the Food and Drug Administration.

1429
01:12:42,620 --> 01:12:43,480
And so when you need

1430
01:12:43,480 --> 01:12:44,620
your freedom the most

1431
01:12:44,620 --> 01:12:46,500
it's been taken away from you.

1432
01:12:47,280 --> 01:12:48,680
When you've been in a family

1433
01:12:48,680 --> 01:12:50,080
that has had a milk farm

1434
01:12:50,080 --> 01:12:51,840
for 300 years or more

1435
01:12:51,840 --> 01:12:53,700
and suddenly federal agents

1436
01:12:53,700 --> 01:12:54,280
come in

1437
01:12:54,280 --> 01:12:56,120
and they do a raid

1438
01:12:56,120 --> 01:12:56,820
on your farm

1439
01:12:56,820 --> 01:12:57,760
as if you were

1440
01:12:57,760 --> 01:12:59,560
a drug kingpin

1441
01:12:59,560 --> 01:13:00,740
engaged in international

1442
01:13:00,740 --> 01:13:01,480
drug sales

1443
01:13:01,480 --> 01:13:03,840
and you're only selling milk

1444
01:13:03,840 --> 01:13:05,660
and then you realize

1445
01:13:05,660 --> 01:13:06,480
your whole life

1446
01:13:06,480 --> 01:13:07,720
has been turned upside down.

1447
01:13:08,500 --> 01:13:09,620
Or you are

1448
01:13:09,620 --> 01:13:10,680
a small businessman

1449
01:13:10,680 --> 01:13:12,200
who discovers that

1450
01:13:12,200 --> 01:13:13,120
just to operate

1451
01:13:13,120 --> 01:13:14,040
a gas station

1452
01:13:14,040 --> 01:13:15,440
you have to comply

1453
01:13:15,440 --> 01:13:16,760
with EPA regulations

1454
01:13:16,760 --> 01:13:18,680
that will cost you more

1455
01:13:18,680 --> 01:13:19,740
than it will

1456
01:13:19,740 --> 01:13:21,300
to run the gas station

1457
01:13:21,300 --> 01:13:21,920
in profit.

1458
01:13:22,940 --> 01:13:24,120
Or you find out

1459
01:13:24,120 --> 01:13:24,840
that you want to have

1460
01:13:24,840 --> 01:13:25,920
a food establishment

1461
01:13:25,920 --> 01:13:26,960
a restaurant

1462
01:13:26,960 --> 01:13:28,280
and you discover

1463
01:13:28,280 --> 01:13:28,900
that federal

1464
01:13:28,900 --> 01:13:29,580
and state

1465
01:13:29,580 --> 01:13:30,800
and local regulations

1466
01:13:30,800 --> 01:13:31,780
affecting your

1467
01:13:31,780 --> 01:13:33,020
food establishment

1468
01:13:33,020 --> 01:13:33,840
are so great

1469
01:13:33,840 --> 01:13:35,320
that you have to have lawyers

1470
01:13:35,320 --> 01:13:36,200
and you have to have

1471
01:13:36,200 --> 01:13:36,800
accountants

1472
01:13:36,800 --> 01:13:37,740
and you have to have

1473
01:13:37,740 --> 01:13:38,980
individuals

1474
01:13:38,980 --> 01:13:39,980
specially trained

1475
01:13:39,980 --> 01:13:40,600
to comply

1476
01:13:40,600 --> 01:13:42,040
and you have to fill out

1477
01:13:42,040 --> 01:13:42,920
all these forms

1478
01:13:42,920 --> 01:13:43,960
and you have to pay

1479
01:13:43,960 --> 01:13:44,900
all these fees

1480
01:13:44,900 --> 01:13:45,820
and you have to get

1481
01:13:45,820 --> 01:13:46,820
separate licenses

1482
01:13:46,820 --> 01:13:49,260
just to be in the business

1483
01:13:49,260 --> 01:13:50,940
of reselling

1484
01:13:50,940 --> 01:13:52,180
food

1485
01:13:52,180 --> 01:13:53,580
others have already

1486
01:13:53,580 --> 01:13:54,380
manufactured

1487
01:13:54,380 --> 01:13:55,440
and put in the marketplace.

1488
01:13:56,400 --> 01:13:57,740
It's the end

1489
01:13:57,740 --> 01:13:59,020
of liberty.

1490
01:14:08,420 --> 01:14:10,660
How you regain freedom

1491
01:14:10,660 --> 01:14:12,200
is a huge question.

1492
01:14:12,200 --> 01:14:15,620
The individual

1493
01:14:15,620 --> 01:14:16,720
knows

1494
01:14:16,720 --> 01:14:17,880
that he or she

1495
01:14:17,880 --> 01:14:18,560
is alive.

1496
01:14:19,740 --> 01:14:20,440
The individual

1497
01:14:20,440 --> 01:14:21,160
knows

1498
01:14:21,160 --> 01:14:22,200
that he or she

1499
01:14:22,200 --> 01:14:23,320
is free

1500
01:14:23,320 --> 01:14:24,620
to choose

1501
01:14:24,620 --> 01:14:25,440
a future

1502
01:14:25,440 --> 01:14:26,160
and a life

1503
01:14:26,160 --> 01:14:28,740
that they want.

1504
01:14:31,840 --> 01:14:32,740
We either have

1505
01:14:32,740 --> 01:14:33,460
free societies

1506
01:14:33,460 --> 01:14:34,060
or we don't.

1507
01:14:34,920 --> 01:14:35,680
There is such a thing

1508
01:14:35,680 --> 01:14:36,580
as individual freedom

1509
01:14:36,580 --> 01:14:37,300
or there isn't.

1510
01:14:39,260 --> 01:14:40,140
That is

1511
01:14:40,140 --> 01:14:41,000
the bottom line.

1512
01:14:42,200 --> 01:14:44,200
if you want

1513
01:14:44,200 --> 01:14:44,600
to

1514
01:14:44,600 --> 01:14:45,780
live

1515
01:14:45,780 --> 01:14:46,740
a life

1516
01:14:46,740 --> 01:14:47,640
a real life

1517
01:14:47,640 --> 01:14:48,600
then

1518
01:14:48,600 --> 01:14:50,520
freedom must exist.

1519
01:14:51,440 --> 01:14:51,980
So people

1520
01:14:51,980 --> 01:14:53,320
have to step up

1521
01:14:53,320 --> 01:14:54,000
to the plate

1522
01:14:54,000 --> 01:14:55,260
whenever they see

1523
01:14:55,260 --> 01:14:56,260
individual freedom

1524
01:14:56,260 --> 01:14:56,880
threatened

1525
01:14:56,880 --> 01:14:58,840
along any channel

1526
01:14:58,840 --> 01:15:00,800
of human activity.

1527
01:15:01,940 --> 01:15:02,780
That's where

1528
01:15:02,780 --> 01:15:03,480
you start from.

1529
01:15:06,940 --> 01:15:08,380
When I was growing up

1530
01:15:08,380 --> 01:15:09,060
New York

1531
01:15:09,060 --> 01:15:09,780
was an ugly

1532
01:15:09,780 --> 01:15:10,420
ugly city

1533
01:15:10,420 --> 01:15:11,360
where there was

1534
01:15:11,360 --> 01:15:12,300
violence in the streets

1535
01:15:12,300 --> 01:15:12,960
all the time

1536
01:15:12,960 --> 01:15:13,680
and the way

1537
01:15:13,680 --> 01:15:14,220
that they cleaned

1538
01:15:14,220 --> 01:15:14,560
it up

1539
01:15:14,560 --> 01:15:15,380
was by going

1540
01:15:15,380 --> 01:15:16,060
and getting people

1541
01:15:16,060 --> 01:15:16,420
to go out

1542
01:15:16,420 --> 01:15:16,720
and say

1543
01:15:16,720 --> 01:15:17,840
no more.

1544
01:15:18,440 --> 01:15:19,500
Well that worked

1545
01:15:19,500 --> 01:15:20,780
to stop the gangs.

1546
01:15:21,200 --> 01:15:22,040
The same thing

1547
01:15:22,040 --> 01:15:23,140
works when you get

1548
01:15:23,140 --> 01:15:23,860
honest people

1549
01:15:23,860 --> 01:15:24,480
who engage

1550
01:15:24,480 --> 01:15:25,000
in government

1551
01:15:25,000 --> 01:15:25,740
and maybe

1552
01:15:25,740 --> 01:15:26,400
we can stop

1553
01:15:26,400 --> 01:15:27,380
the government gangs

1554
01:15:27,380 --> 01:15:28,320
from sitting there

1555
01:15:28,320 --> 01:15:29,020
and dictating

1556
01:15:29,020 --> 01:15:29,680
the terms

1557
01:15:29,680 --> 01:15:30,480
of our lives

1558
01:15:30,480 --> 01:15:31,460
and preventing us

1559
01:15:31,460 --> 01:15:31,820
from having

1560
01:15:31,820 --> 01:15:32,240
the freedom

1561
01:15:32,240 --> 01:15:32,760
and liberty

1562
01:15:32,760 --> 01:15:34,300
which we were

1563
01:15:34,300 --> 01:15:34,780
guaranteed

1564
01:15:34,780 --> 01:15:36,080
in an open

1565
01:15:36,080 --> 01:15:36,580
democracy.

1566
01:15:36,580 --> 01:15:43,060
We are all

1567
01:15:43,060 --> 01:15:43,520
individuals.

1568
01:15:44,320 --> 01:15:45,500
We have the ability

1569
01:15:45,500 --> 01:15:46,100
to think

1570
01:15:46,100 --> 01:15:47,660
to decide

1571
01:15:47,660 --> 01:15:49,660
and most importantly

1572
01:15:49,660 --> 01:15:50,780
to be heard.

1573
01:15:54,460 --> 01:15:55,940
It may be time

1574
01:15:55,940 --> 01:15:56,960
to start crying

1575
01:15:56,960 --> 01:15:58,060
over spilled milk.

1576
01:15:58,060 --> 01:16:04,140
Crap, I just spilled

1577
01:16:04,140 --> 01:16:04,380
this.

1578
01:16:04,660 --> 01:16:05,100
This is not

1579
01:16:05,100 --> 01:16:05,680
going to be good.

1580
01:16:08,020 --> 01:16:08,860
Boy, I just saw

1581
01:16:08,860 --> 01:16:09,420
those pictures

1582
01:16:09,420 --> 01:16:10,640
of Kim Kardashian

1583
01:16:10,640 --> 01:16:11,220
pregnant

1584
01:16:11,220 --> 01:16:11,620
and I said

1585
01:16:11,620 --> 01:16:12,660
man, how could

1586
01:16:12,660 --> 01:16:13,520
a chick like that?

1587
01:16:13,580 --> 01:16:14,000
Why does anybody

1588
01:16:14,000 --> 01:16:14,480
want to look

1589
01:16:14,480 --> 01:16:14,820
at her?

1590
01:16:16,500 --> 01:16:17,340
And yet she's

1591
01:16:17,340 --> 01:16:17,940
a star.

1592
01:16:17,940 --> 01:16:24,860
Well, you don't

1593
01:16:24,860 --> 01:16:25,440
want him in there?

1594
01:16:27,020 --> 01:16:28,260
Go downstairs

1595
01:16:28,260 --> 01:16:28,900
there, Geppetto.

1596
01:16:29,340 --> 01:16:30,060
No, I don't know

1597
01:16:30,060 --> 01:16:30,440
where he can get

1598
01:16:30,440 --> 01:16:30,860
any weed.

1599
01:16:32,420 --> 01:16:33,220
That's a lie.

1600
01:16:34,660 --> 01:16:35,860
That's a blatant lie

1601
01:16:35,860 --> 01:16:36,120
too.

1602
01:16:36,220 --> 01:16:36,440
No, no,

1603
01:16:36,440 --> 01:16:36,820
I'm kidding.

1604
01:16:36,820 --> 01:16:56,220
I'll see you Um

1605
01:16:56,440 --> 01:16:58,280
please.

1606
01:16:58,280 --> 01:16:59,280
Bye.

1607
01:16:59,280 --> 01:17:00,200
Byeüğ

1608
01:17:00,200 --> 01:17:00,220
Bye.

1609
01:17:00,280 --> 01:17:02,280
Bye.

1610
01:17:02,280 --> 01:17:04,360
Bye.

1611
01:17:04,940 --> 01:17:06,400
Bye.

1612
01:17:06,820 --> 01:17:36,800
Thank you.

1613
01:17:36,820 --> 01:18:06,800
Thank you.

1614
01:18:06,820 --> 01:18:36,800
Thank you.