It's up!
They've been having some transition difficulties for the whole analog/digital sanfu at WGBY but they've persevered and now have the PBS show up and available for your viewing pleasure.
Link to the PBS page (scroll down more than half way past other programs to perfectly horrid pic of me which I hope will be swapped out soon!).
This does not include any of the pledge break material, it is just the studio seminar, so no video of your friends being interviewed at Rowe in here.
Lastly, the fund drive was a success. More than 140% of their goal was raised, which counts as a success in this day and age (I hope).
So thank you to everybody who called in and contributed! We'll see what happens from here.
Best,
Chris
[Update: Video is now added to this page; see below.]
Chris,
Thank you... and thank you WGBY for sharing.
This is excellent, you are excellent... Not many who can take a complicated subject and make it understandable to all.
I know this will help me convince some of the people who have been unwilling to watch the CC, to finally watch.
Thank you for all your efforts in helping all!
Cat
Dr. Martenson,
Thank you so much for your efforts. The "tipping point" of awareness is now a real possibility, because of you and your efforts. You work has changed my life and my family lives for the better. We will always be grateful.
Thank you Chris and WGBY!!
This presentation is concise and understandable. I believe it is a perfect vehicle for getting people to spend the three hours or so on the crash course. My previous efforts to get my friends and family to take the crash course only met with limited success. I just blasted out an email to everyone with a link to this PBS presentation. I am pretty sure it will spur a few others in my circle to spend some time on the crash course. I'd say this is the beginning of a hockey stick. 
P.S. Dogs and I have a friend who works at the local PBS station in
Norfolk... I have put a bug in his ear about getting your program here... He
has requested a DVD from WGBY.
Thanks Chris and PBS, very good and timely...an easy sell to get people to watch the whole CC.
Years ago I used to work for a large Canadian chartered bank.
One thing I noticed as I was new to credit back in 1999:
Standards were getting lax by the older rules.
I was taught by the old school lenders, net worth, job security, current debt ALL mattered.
We then had the Head Office type folks come in and were pushing the new system. If the software said approve...you approve---no questions asked. Negative net worth did not matter, income verification did not occur, even if you had a ton of debt, as long as you fit in the ratio (keep in mind income was not being confirmed) AND existing credit was good, you were good to go.
These were unsecured loans, credit lines, credit cards and overdrafts for 10 k or under---if you knew how the system worked you could sometimes get one of each.
I felt back then it was wrong to grant a loan that you knew in your gut was no good. The explanation I was given was that to question the loan is a waste of time from approving more loans. It was simply a cost of doing business, and not to worry this was a model that would prove to make more profit (for who though?) in the long run. This was a conscience effort to compete against the European and American banks (who were probably being told they had to do the same thing to compete against the Canadian and Australian banks).
I don't know how it works now or the past 10 years, but there was a change in the lending standards of banks in Canada 10 years ago. It was way easier to get unsecured credit.
GREAT VIDEO, although, being a CC website troll i wanted something a bit more, hyper-inflation vs. deflation perhaps, but I completely understand the 'getting the word out' approach as i am doing it myself.
cat233, to answer your question,
when chris talks about the debts remaining fixed is that in the first example he is explaining a single debt (microeconomic) and in the second example he is speaking of the enitre market (macroeconomic).
if you didn't grab that then i will 'go all high school teacher' here.
for example, a car loan on a 2008 honda is fixed at $20,000 but it will not rise or fall for any reason unless him/her pays the loan off, the owner of the car owes that money regardless of their future income or situation. if the owner of the car loses his/her job the loan is fixed while the income falls away and the debt/income ratio will increase. that is what chris is explaining by the chart.
in the macroeconomic example chris is adding up the amount of all the $20,000 car loans in the economy that we continue to keep taking out and comparing them to the overall econmoy's increase in the income levels. obviously, the loans were being made at a far faster pace than our incomes could keep up with.
did i trip over myself trying to explain that?
steve
P.S. Dogs and I have a friend who works at the local PBS station in
Norfolk... I have put a bug in his ear about getting your program here... He
has requested a DVD from WGBY.
Cat - I meant that debt is fixed in the sense that it does not rise and fall with our fortunes. It exists (and grows) unless and until it is paid down.
Income, and assets, on the other hand are variable and go up and down.
I should have said debt is "relatively fixed" or something like that. The point I was making about the rise in debt-to-GDP in the 1930's was that the debts remained fixed in place (relatively speaking) while it was the economy (GDP) that fell away from under the (relatively) fixed debts.
In my defense, I was given one shot at doing the whole thing right and I am not an actor who memorizes lines. And I had never given that talk before, with those slides in that sequence making all of those points. Plus the crew was constantly stopping things for various technical reasons and then saying "pick up right where you left off!" For all of these reasons I am marginally pleased that I was somewhat understandable at all.
And thank you for spreading the word(!!)
Chris,
Thank you for the explanation.
I think I heard you say ONE, "uhh-umm"... It caught my attention because your presentation was next to flawless.... You are a fantastic teacher and speaker...
You need NO defense.
Cat
Chris,
I watched the PBS video late last night and thought you did a great job!
It is a wonderful intro to the CC and a place that we can point others. It gives one a sense credibility, a place far away from this site. I'm gonna send one of my DVDs to WHYY (our local PBS) and refer them to WGBYs program.
I can feel things beginning to tilt...
P.S. I think I recognized a few cameo's in the audience!
You are a good speaker and careful educator. I am only on Chapter 14
of the CC. I enjoyed the PBS video and got a lot from it. So far what I
have learned: the next 20 years cannot be the same as the last 20
years. That is so obvious and clear. Thank you for teaching me that.
Also, I am understanding how the Treasury is different from the Federal
Reserve, another good thing to learn.
I did the Money or Your
Life course (books & tapes) several years ago and really embraced
that. Your information builds on it and is so helpful to me.
Nice job Chris.
Listen listen hush, hear the change of the sound of the pressure cooker? A violent rattle now drowns out the red line hiss. A burst is coming!
Will all of your/our efforts reach maturity, "ripen to the solution state" before its to late?
I pray it is so,
Ron Fink
PS However, never forget the former final solution looms over humanity. On our own, humankind has never done well fixing things. Even now, look at the mess we are in.
Hi Chris,
Sorry for the previous premature ending to my comment. I just wanted to say that I have just finished watching the podcast, and in my view it is one of the most professional presentations I have seen. I cannot imagine that it has not deeply impressed everybody who saw it live. Have you any idea how many viewers watched the programme, and do you think that anybody from the Fed was taking notes? Is there any way your new president could be encouraged to view it and pass comment? Your argument is so full of common sense, that there cannot be any plausible counter argument in support of the current proposals.
In the UK we are faced with the same problems of an intransigent government, hell bent on spending its way out of the financial mess we are in, with our partners in the EU following behind with their version of the same approach. Most real people in the country have enough sense to share the same gut feel that it is fundamentally wrong, but we are stuck until the next general election. Sadly, I'm not sure if a change of government would make much difference.
It seems to me that a lack of common sense must be a necessary qualification for entering politics. How can so many people around the world be so blind to the consequences of their actions?
I look forward with interest to see if there is a positive and substantial reaction to your TV appearance. There certianly should be.
Dr Chris, This was an excellent presentation, Thank you!
Like Lisa above, my previous efforts to get my friends and family to
take the crash course also met with limited success. I just sent out
an email to everyone with a link to this PBS presentation. Hopefully, seeing you teach this mini-course will spur them to watch the complete Crash Course and tell others.
Great work Chris! Let's hope the success of the fund raising drive encourages other PBS stations to pick up the broadcast.
Now that the WGBY video is up on Google Video, would anyone be interested in cutting a YouTube version to be made into a playlist for the /ChrisMartensondotcom channel on YouTube? It would need to be sliced into four ~10 minute segments.
If you're interested, contact me at lucas(at)PeakProsperity.com. Replace(at) with @.
Thanks.
Lucas Altic
Director of Volunteer Operations
PeakProsperity.com
Congrats Chris, well done.
May I suggest to add the web site address "PeakProsperity.com" to the still image at the right with the title. I beleive it would greatly help directing peoples to this site.
All best.
A big thanks to Aaron at TruthFN.com for making the WGBY show "YouTube ready." It has been added as a playlist to the /ChrisMartensondotcom channel. It's efforts like this that make this grass-roots movement possible.
Thanks again, Aaron!
Lucas
Thank you Aaron!
Best,
Chris
Voters have documented each step of the 2008 election on YouTube and this phenomenon will culminate on November 4 as people head to the polls to determine the forty-fourth President of the United States,” said Steve Grove, YouTube’s head of news and politics. “This partnership with PBS, an organization known for offering rich perspectives, will help voters examine all aspects of voting from the registration processes, to reforms, to technology and election administration, to the actual casting of ballots.
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http://used.freecarforum.com
Chris,
I'm starting a weekly showing of this film at my apartment. Is there a way to show it "full screen" on my PC? Or is there a way I could get a DVD to show on the TV?
Thanks in advance ... Don
Chris,
I'm starting a weekly showing of this film at my apartment. Is there a way to show it "full screen" on my PC? Or is there a way I could get a DVD to show on the TV?
Thanks in advance ... Don
Can view it full screen through YouTube or Google Video.
Ron
Ron,
You're right! It works great! Thank you soooo much! ... Don
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