venus project // Current TV

The Hot Dog Stand: How Much Would You Charge?

by Amaterasu Solar Let Us presume a world where free energy is available to all.... more

Amaterasu
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1 year ago
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Paradise or Oblivion

Paradise or Oblivion: http://youtu.be/KphWsnhZ4Ag

JRBarilla
added this
1 year ago
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2 comments

Why Venus and Zeitgeist Don't Have It Quite Right

I might presume that most of You are aware of the Venus Project and the Zeitgeist... more

Amaterasu
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1 year ago
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0 comments

Change is the Future - part II

Just finished publishing part II:... more

Kelly_Balthrop
added this
1 year ago
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43 comments

Zeitgeist: Moving Forward (full length movie)

This movie gives me hope. It portrays what I have been writing about with the imminent... more

Kelly_Balthrop
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1 year ago
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4 comments

Zeitgeist Day: A Worldwide Movement

“Zeitgeist Day”, or ZDAY for short, is an annual, global event to increase... more

H3ADLINE
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2 years ago
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0 comments

"Truly free people do not need to be told they are free"

“War is the supreme failure of bridging the differences between nations,”... more

MotherForTruth
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2 years ago
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40 comments

jupitervenus

first in series narrated so as to define the paramaters of the video series,also focus... more

benzoid11
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3 years ago
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The Venus Project

Is it possible to create a "heaven" on earth (each to his own version of... more

SeaJade
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4 years ago
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23 comments

Zeitgeist 2

View at your own risk. The words speak for themselves. Peter Joseph talks about... more

dharmadogpictures
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4 years ago
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19 comments

US nationalizes banks, candidates talk economy

Mike Whitney: Both candidates promote stimulus but real solution is higher wages.

US President George W Bush made the radical announcement on Tuesday of the partial nationalization of the nine of the nation's leading banks. The move to part ownership by the government, was made to ensure that the banks won't be hoarding their bailout money, but use it to bolster lending -- to each other and to customers. The Presidential candidates also announced their economic proposals to deal with the current financial meltdown. Barack Obama spoke in Ohio on Monday: "Today, I'm also proposing a 3 month moratorium on foreclosures. If you're a bank or a lender that is getting money from the rescue plan that passed congress and your customers are making a good faith effort to make their mortgage payments and renegotiate their mortgage, you will not be able to foreclose on their home for 3 months." Obama also proposed allowing people to withdraw up to 10 thousand dollars from their retirement accounts without any penalty for the remainder of the year and 2009. A $3,000 tax credit for every new full-time job created in the US by businesses for the next 2 years. To suspend the tax on unemployment benefits for the rest of this year and next. And to have the Federal Reserve provide short-term loans to state and local governments caught in the credit crunch. John McCain made his announcement in Pennsylvania Tuesday."On my orders, the Department of the Treasury will guarantee one hundred percent of all savings accounts for a period of six months. - I will cut in half the capital gains tax on stocks purchased and held for more than a year from a rate of 15 to 7.5 percent.” McCain also proposed that for 2009 – 2010, those over 59 who take money out of their retirement accounts should only be taxed at 10%. To Raise the deduction on stock losses from $3000 to $15000, And like Obama, to suspend the tax on unemployment benefits for the rest of this year and next. The Real News Network spoke to Counterpunch columnist Mike Whitney.

Mike Whitney is a columnist for Counterpunch.org, Smirkingchimp.com and Opednews.com. He admits that his interest in politics only began with the appointment of GW Bush as President. Like many other regular Americans, he has understood from the very beginning the global aspirations of the Cabal that presently occupies 1600 Pennsylvania Ave and the threat they pose to the world. It is a threat that is as real and as far reaching as any we have seen since the rise of Fascism in 1930s Germany (The author's description of himself).

Mike Whitney: Both candidates promote stimulus but real solution is higher wages.... more

Vierotchka
added this
4 years ago
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4 comments

Ron Paul about World Bank

Telling it like it is.

pigmonkey
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4 years ago
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4 comments

Denmark Offers a Model Mortgage Market (from my email inbox)

There is a safe way to securitize home loans.

By George Soros

The American system of mortgage financing is broken and needs a total overhaul. Until there is a raealistic prospect of stabilizing housing prices, the value of mortgage-related securities will erode and Treasury Secretary Henry Paulson's efforts will come to naught.

There are four fundamental problems with our current system of mortgage financing.

First, the business model of Government Sponsored Entities (GSEs) in which profits accrue to the private sector but risks are underwritten by the public has proven unworkable. It would be a grave mistake to preserve the GSEs in anything resembling their current form.

Second, the American style of mortgage securitization is rife with conflicts where entities that originate, securitize and service mortgages are generally not the same as those that invest in mortgage securities. As a result, the incentives to originate sound mortgages and to service them well are inadequate. No wonder that the quality of mortgages degenerated so rapidly.

Third, mortgage-backed securitizations, which were meant to reduce risk by creating geographically diversified pools of mortgages, actually increased risk by creating complex capital structures that impede the modification of mortgages in the case of default.

Finally, and most fundamentally, the American mortgages market is asymmetric. When interest rates fall and house prices rise, mortgages can be refinanced at par value, generating the mortgage equity withdrawals that fueled the housing bubble. However, when interest rates rise and house prices fall, mortgages can only be refinanced at par value even though the market price of the securitized mortgage has fallen.

To reconstruct our mortgage system on a sounder basis, we ought to look to the Danish model, which has withstood many tests since it was brought into existence after the great fire of Copenhagen in 1795. It remains the best performing in Europe during the current crisis. First, it is an open system in which all mortgage originators can participate on equal terms as long as they meet the rigorous regulatory requirements. There are no GSEs enjoying a quasimonopolistic position.

Second, mortgage originators are required to retain credit risk and to perform the servicing functions, thereby properly aligning the incentives. Third, the mortgage is funded by the issuance of standardized bonds, creating a large and liquid market. Indeed, the spread on Danish mortgage bonds is similar to the option-adjusted spread on bonds issued by the GSEs, although they carry no implicit government guarantees.

(more below)There is a safe way to securitize home loans. By George Soros The American... more

Vierotchka
added this
4 years ago
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12 comments

MagLev technology

Jacque Fresco's magnetic levitation train we've already got this... more

googolplexer
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4 years ago
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0 comments

Zeitgeist Addendum: Steps toward a sustainable future

"Zeitgeist was created in the hope that it will inspire people to start looking... more

googolplexer
added this
4 years ago
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1 comment

This will CHANGE your LIFE, and HELP EMPOWER you to MAKE a DIFFERENCE in ~OUR~ WORLD!!!

Zeitgeist: Addendum !!! The video posted is a trailer for what you are about to... more

TheCocoon
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4 years ago
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9 comments

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tagged w/ venus project

The Hot Dog Stand: How Much Would You Charge?

Paradise or Oblivion

Why Venus and Zeitgeist Don't Have It Quite Right

Change is the Future - part II

Zeitgeist: Moving Forward (full length movie)

Zeitgeist Day: A Worldwide Movement

"Truly free people do not need to be told they are free"

jupitervenus

The Venus Project

Zeitgeist 2

US nationalizes banks, candidates talk economy

Ron Paul about World Bank

Denmark Offers a Model Mortgage Market (from my email inbox)

MagLev technology

Zeitgeist Addendum: Steps toward a sustainable future

This will CHANGE your LIFE, and HELP EMPOWER you to MAKE a DIFFERENCE in ~OUR~ WORLD!!!

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