A/V Geeks 16mm Lunch 2-16-2026

Hello everybody. I'm Skip Elshimer. Welcome to the AV Geeks Lunchtime Streaming Show where we watch old 16 mm films and what happened? What happened to all my hair? So on Friday besides moving a bunch of films um No, was it Friday? Thursday. It's Thursday. Uh I uh Or maybe it was Friday. I can't remember. Anyways, I got my head shaved, buzzed pretty close uh because I was doing a cover band of the band punk rock band Flipper and the the singer's had much shorter hair than I had. So that's uh my assistant Ayana um buzzed my hair on our porch at the archive and so it was a good show. It was fun. Nobody knew who we were. It was a very small group of people who knew who Flipper was. But um no, we had fun nonetheless. I yelled a bunch and ran around a bunch. So that's what you need to know. All right, uh we're back to watching some 16 mm films today and uh this is part of the Word Wise series. This is compound words. Enjoy. Oh no! >> It was too late. The rapids, there was no turning back. They were adrift on the river of compound words. Chapter 37, down the river of compound words. An official Word Wise adventure. Last week, you'll remember, Captain Word Wise and the brave members of the National Word Watchers expedition escaped from the monstrous giant Big Word by loading their rafts with supplies and rafting down the treacherous river of lost words. >> [music] >> And now this week, we will follow them down the treacherous river of compound words. Captain Word [music] Wise is telling the expedition members that during the trip, they will be threatened many times by long words, but they don't need to fear them. For they will only be compound words. He explains that a compound word is just two or more shorter words joined together like life jacket. The short words life and jacket can stand alone and each has a different meaning from the compound word life jacket. Which incidentally must be worn for great danger lies ahead. Captain Word Wise also warns them that their only hope in getting down the river safely is to find all the compound words. As they pack their supplies for the trip ahead, the expedition [music] members begin at once to look for compound words. For they know if they miss even one, they will instantly be captured by giant Big Word. I'm packing my bedroll. That's a compound word. Bed and roll are the two short words that make bedroll. And this bag is waterproof. That's one, too. Good work, Word Watchers. And what about flashlight? Hooray! Now the supplies are carried to the rafts and strapped in tight for the dangerous trip ahead. As they start out on the river, the brave members continue to look anxiously about for more compound words. Shoreline. Hooray! Look at the hikers along the shore. And they each have a backpack. That's a compound word. Back and pack are the short words that can stand alone or be put together to make a longer word. Kim, that makes two for you. Oh, I see a compound word. Fisherman. Hooray for Steven! Hey, it's fun looking for compound words, but I hope we don't miss any. Be alert, Word Watchers. Although they face great danger, the expedition members are so busy getting each other wet, they may miss a compound word. Hey, I think we passed one. Hurry, paddle the raft to shore. Come on, I'll show you. Look, wildflower. Isn't that a compound word? Yeah, because wild and flower are the two words that make wildflower. Michael, you saved our lives. Hooray for Michael! Suddenly, the expedition discovers a Stairway! That's one and there's steps. Hey, and upstairs. Outdoors. Outside. Oh boy, look what's up here. A compound word we can eat. Blackberries. Hooray! What's this? I'm receiving a message on my secret Word Wise radio. It's from Captain Word Wise. He says, "Back to rafts. Time running out. Must find all compound words. Hurry." Hey, hillside. That's one. And what about mountain top? Hooray! >> [screaming] >> Look, a waterfall. That's a compound word. It's made up of two short words, water and fall. Waterfall. Wow, we almost missed that one. But the alert word watchers haven't missed a compound word yet. And now the [music] exhausted members of the expedition are stopping to rest and eat in preparation for the wild rapids ahead. They are so tired, they can hardly move. Well, I guess one of them can move. Well, I guess two of them can. Well, maybe a lot of them can. I'm hungry. It's lunchtime. >> [music] >> Lunchtime is a compound word. Lunch and time are the two little words that join together to make lunchtime. What about silverware? And jackknife. Hooray! Ah, the word watchers are at work again. Hey, I see a sleepy compound word. What do you mean? Naptime. Ah. Aha, I wonder what compound words will be found here. Pigtails. That's a good one. That compound word certainly has a different meaning from the two short words that make it, pig and tails. Rubber band. Great. These word watchers are really sharp. Hey, suntan or sunburn. >> [laughter] >> Say, we made two compound words by changing only the last part of the word. Suntan, sunburn. You're right. And how about sunshine? Sunlight. And sunset. Giant Big Word is going to have trouble capturing this expedition. They're doing a fine job of joining short words to [music] make compound words. But now as they continue downstream, oh downs Oh, I got one, too. Oh, look. It's Professor Compound. It is indeed Professor Compound, who in last week's adventure helped them escape from Giant Big Word. And now tries to warn them that only seconds ahead are the first great fearful rapids. But it's too late. They're caught, trapped in the rapids. There is no turning back. It was a terrifying experience. They survived the first of the terrible rapids. And now they are celebrating. Happy [singing and music] birthday to you. Say, birthday is a compound word. Hooray! [screaming] And now they prepare for bed. Popcorn, another compound word. Hooray! And now they prepare for bed. Walking down the river and then camping [music and singing] out at night. Compound words collecting words like firefly. [singing and music] We know long words are sometimes short words put together rafting down the river. [music and singing] Oh, there's nothing else we rather. >> [music] >> Hey, campfire is a compound word, too. And now it is bedtime. Bedtime, another compound word. Good night. Hey, good night is one, too. Good night. And now it is morning and the brave expedition members eagerly continue their search for compound words. Breakfast. Campstove. I'm eating a compound word, pancake. Is that one? Sure. Pan and cake are the short words that can stand alone or be put together to make pancake. I found two compound words here, dishpan, dishcloth. Hooray for Windy. And now [music] the brave members of the National Word Watchers Expedition prepare to face their greatest danger yet in their escape from [music] giant Big Word. For just around the bend are the great rapids, the rapids no one has ever conquered in the history of water. >> [music] >> Get ready. Hang on tight. Oh no, water. I dare not watch. It's too terrible. For here comes giant Big Word in a last desperate effort to catch them. Hurry. Will the expedition remember that compound words are just short words put together? Will they escape the monstrous giant big word? This has been an official Word Wise Adventure! >> [music] [music] >> You know, I think I like that Word Wise better than the the previous one on prefixes. Um I think it was because there was a level of melodrama. I mean, obviously with the organ, but also everybody was excited about all the words. So, every word they said were like, "Yay!" So. I don't know why. I just like it. All right. So, this Excuse me. This film It's interesting. I have a bunch of films from uh this one archive. And uh a lot of them are suffering from this what I call color breathing, where the color in the middle is faded, but it's inconsistently faded and it's faded kind of reddish, so it looks like the middle is on fire. It's It's really weird. Like, I haven't run across that with other Well, no, I did run across that with another one, but it wasn't on the middle. It was on the sides. So, I'm not sure if these films were treated with something that accelerated the fading. Um but, you know, traditionally it's uh you know, it fades consistently across the frame. But, this was This is a really weird thing and I think that this is something maybe the way it was the films were treated. Um like they put some sort of something on it, some sort of solvent or something to clean it, and then that caused that color fade. I don't know. But it's it's nearly impossible to color correct. You basically have to start from scratch. And I've been experimenting with AI uh for doing colorization, but I try to do it only for things that already have color, but the color is so far gone. Um or uh for in in cases like this where we desaturate it and then we add it back. But it's very time intensive and it's kind of expensive, so I I don't do it often. All right, here's a study skills, organize it. Use this leader to focus the picture and adjust the sound volume. The film will then be ready for correct projection. >> [music] >> Hey Becky, have you seen my baseball? Yeah, it's in the hall closet. But watch out, it's crowded. All right, class. Put away your books. Hope you're ready for the big test today. Is that test today? Architecture has changed the our nation's history. For instance, here's an early version of our nation's capital. Later, the building changed to this. Today, everyone knows it looks like this. Oh, no. Well, yes. If one isn't organized, it can cause some real problems. Without organization, well, just imagine. Obviously, with the addition of a traffic signal, traffic can be organized to run smoothly. Try to find what you need here and without cutting yourself. With organization, it's simple. The first method of organization we'll look at is classification. Putting things into categories, that is, grouping things that are alike. Classifying things according to categories doesn't have to be difficult. Here's a simple example. Although each of these people [music] is an individual, they can still be placed into one of at least two categories. Boys and girls. Now, what about different categories for these? Sure, we all know they can fit into two categories. Fruits and vegetables. >> [music] >> In school, we also use categories for storing information. For example, suppose you needed information about the unusual-looking hammerhead shark or the strangely-marked [music] leopard shark or even the extremely fast swimming mako shark. As different as these sharks are in size and appearance, they all fit into the category sharks. And that's where you'll find them, in the library card [music] catalog. So, classification helps us in the search for information. Arranging things properly can make them easier to find, even outside the library or school. How could you find anything in this jumble? That kid'll never find his notes. He might as well not even try. Great. We're just all mixed up here. Sure. We're really a big mess. >> [laughter] >> How could I have ever let this get so messy? This looks like a job for Organization Man. Uh-oh. When notes are arranged in categories, studying is easier. >> Now that's more like it. It's all right here at my fingertips. Well, I guess you put us in our place. You can say that again. Okay, we got put in our place. Hey, you know what? We are organized. Son, is that you in there? Yes, Dad. Just doing my homework. Putting things into categories is a good way to organize them. Another way of organizing things is to put them in the proper sequence. Or in other words, in the right order. As we all know, numbers sometimes need to be in the proper sequence in order to be useful. Certainly, we all know there is a proper sequence for the letters of the alphabet. When they're out of order, it can be pretty frustrating. When they are in order, they can help us find information quickly. >> [music] >> Many of the things we do must be done in a certain order if we want good results. Even something as simple as washing a car can be a disaster [music] if it's not done in the right order. What if we did it this way? First, dry off the car. Next, rinse the car. Then, fill the bucket. Get everything you need. Soak the car. So, of course, the point of all this silliness is, if you're not organized, you probably won't do things in the right order. Okay, now >> Speaking in front of people, for example, requires careful attention to sequence, especially when telling things in chronological order. That is, the order in which things happen. Uh this is my report on my vacation. My summer vacation. Well, it turned out okay in the end, even though before that I lost my bike. But that wasn't where it all started. But that was before my uncle loaned me one to use instead. He was so nice to do that. Of course, that was after my bike was taken. So, well, anyway, till I went to the beach, I was having a good time. >> [music] >> Sorry, pal, but if I hadn't put them to sleep, you would have. Not too many things are more boring and confusing than a story told in the wrong order. I guess you're right. But listen, my friend, and have no fear. The guy you need is right here. My name is Sequence. Get it? Sequence. That's me, friend and guide of the muddled storyteller. Then you can help me? Can I help you? How can you doubt it? Okay, pal. Let's get things in the orders that they happened. What was the first thing that happened on your vacation? The very first thing? Well, my bike was stolen. Where was it stolen? At the beach. Oh, I get it. The first thing I did was I went to the beach. Then my bike was stolen. Now you got it. First things first. When you're telling a story, organize the most important points in the right order. Yeah, I'm getting the idea. Next was that my uncle gave me his old racing bike. Terrific. Things are looking good. I think I'm beginning to understand. Next would be race next day. Then tough race. Yeah, great. And then I won. You got the idea now, pal. Just tell it in the right order and you'll wow them. >> [music] >> My summer vacation got off to a good start. I rode my bike to the beach and went swimming. But when I went [music] to leave, I couldn't find my bike. Someone had stolen it. So my uncle lent me his old racing bike because the race was the next day. It was a tough race. So you see, with a well-organized presentation, people will understand and enjoy what you're saying. And that's how I won the Riverdale 10-mile bicycle race. Organization is important in so many ways, and one of the most important is your time. If you don't [music] Alice, how's your report coming? Pretty good. I finished my outline 2 days ago. Yeah, I'm going to get that done tonight. Really? I'm almost through with my first draft already. Well, I'm not worried. I'll squeeze it all in. I'm even going to make some drawings of the log cabins that the early pioneers built. Lori, I've already finished the history report. I was talking about the science report. That's due Friday, too. That's this Friday? Oh, no. This Friday Organizing can help you remember the things you need to do. As school is one place that has a lot of deadlines, a good way to keep track of them is with an assignment [music] book. By listing when assignments are due or when there will be a test, [music] you can keep track of what you need to be studying. Another good idea is to keep a schedule. It will help you get everything done and not at the last minute. A large calendar can be useful [music] for planning assignments. For instance, if you have a month to write a report, [music] you can schedule when to do the research, the outline, and the writing itself. The calendar [music] can be helpful in many ways. Camping? June 23rd and 24th? Oh, my cousin's having a big birthday [music] party on the 23rd. How about the next weekend? Great. Organization can also be very useful in group projects for school. This group is putting together a TV news show. Careful planning can make the project easier and come out better. All right. Since all of you want me to be in charge, let's first make a list of everything we'll need and in the order we need to do it. And who will do which jobs? Right. Well, I've used my uncle's video camera. So, why don't I take care of Barney's school's camera and using it? Good. I'll put you down for camera. I'd like to design and build the set. Terrific. You draw the best of any of us. If everyone does a specific part of the project, work won't be duplicated and everyone usually does a better job at their own special task. Lisa begins her part of the project by checking over the equipment. Bob goes to work making the set. Scott and Mary begin gathering the news stories. To illustrate the news, Lisa takes pictures to use in the show. With their [music] notes to help them, Mary and Scott write the news stories. Because [music] the newscasters will need cue cards, part of Bob's responsibility is to get them ready. Lisa chooses the music to use for the show. By the day of the show, everyone has done their job and knows what to do. Everyone ready? Here we go. Hello everyone, and here is today's news. Fire drill is big success. School science fair this Friday. School cafeteria expands menu. New bicycle parking plan. Our first story is that the surprise fire drill we had last week was a big success. At 2:00 in the afternoon, the fire The bells rang, surprising all the students. Good organization has helped make this a successful project. >> And everyone would have gotten out safely. Obviously, organization is important in all areas of our lives. It helps things run smoothly. Musicians must be organized so they can play together. Building, of course, requires many different people to work together. Without organization, games couldn't be played. >> [cheering] >> Putting a newspaper together requires many steps, all of which need to be organized. Scientists must [music] be organized to carry on successful research. Even a store must carefully organize its products so that people can easily find them. Without organization, we couldn't send people into space. That's why it's so important to understand about organization, about such things as classification, grouping information [music] and things. Why some of the About sequencing, putting things into the best order. About organizing your work habits to make the job easier. And about planning your time so you can get everything done that you need. And that wraps up our news for the day. So, this is Scott Brown and Mary Albert saying thank you for the whole school update news team. That's a cut. We're done. That's [laughter] a cut. So, there we have it. Things can be done easier and better with good organization. >> [music] >> Color breathing, not beating, breathing. So, that's where that weird kind of orangish thing came from. Very, very strange. Very odd. Uh let's see, what do we got? Uh let's watch Yeah, this is good. Uh consumer power credit. Enjoy. >> [music] [music] [music] >> Uh >> [music] >> you know, we psychoanalysts believe that uh one of the most primitive and one of the earliest needs of the infant is what we call the oral need, the need to put things into his mouth. And the infant, you'll note by the way, will grab anything and put it in his mouth. It's his first way of getting to know the world, and it doesn't matter whether it's something edible or not edible. The mouth is the place that it goes. Uh unfortunately, a great many adults never quite get over this first oral phase. They have so many things to get, and they want everything now, and you don't have the money to do it all now. And I think credit's great. Reality in some people leads simply to overeating and they get terribly fat and they don't know what to do about it. But in the more symbolic sense, it leads to trying to grab and seize everything in sight and to overextend yourself to the point where it uh, it's completely irrational and has no relation to your real needs or to your real capacities. Credit and installment credit in particular uh, makes a very substantial contribution to the quality of life in this country, I think. In the main, this contribution is made because or through the ability of credit to permit the consumer to have the use of a product or service earlier than he would be able to if he had to save the money until he had sufficient funds to pay for that product. >> It sounds good, but then there's a big red bait there. There's a hook in it, you know. What is the hook? Well, the hook is you're going to pay 18% overall. So, don't you see? That makes me makes me pay more for the item where I could do without the item. If it's something like the stove or an ice box or something like that that I have to have, well then I would get it and and suffer the 18%. But if it if I didn't have to have it, I'd rather save the money first and then purchase it for cash. Consumer credit contributes to the economy as a whole in that it enables people to buy products that they would not otherwise be able to buy. Furniture, mainly. Our living room set and our bedroom set. Clothes. Appliances, house, car. So, we always buy our cars on credit. Refrigerators, major appliances. Property. And furniture. Well, my bedroom suit. Just everything that I've ever had. I bought it on time. Well, certainly the the extension of credit uh is the uh uh main pillar of of of our economy in terms of uh accelerating consumer purchases. And I think there's no question that uh without the extension of credit uh our economic growth and our economic situation would be severely jolted uh as well as our banks and finance companies, insurance companies, and other institutions that rely on the uh the growth of an economy with all it produces by way of taxes and goods and services that's based on the extension of consumer credit. It's obvious that many segments of the society benefit from the use of credit. Obviously, the lender benefits. Uh the lender makes a profit, but also uh he creates jobs in that there are many positions that have to be filled in the financial industry because of the demand for credit and the creation of jobs through that source. What would your life be like without credit? If you couldn't buy things on time? We would probably have two pieces of furniture in the house. I I don't know. It just makes a whole bunch of money for people. I I don't think about it. It's just a convenience for me. That's all. I buy a nine on time. Why do you do that? Because I can't afford to uh pay cash for it because I don't have any money. And I pay it as I make it. And I like it because I see something I don't have to have the money right then. All I do is charge it. Well, who eventually pays for it? I do. >> [laughter] >> I think that fundamentally the irrational needs far outweigh the rationalizations that are given for using credit. And that's what makes it a neurotic destructive force in our society and not the constructive thing that so many people would like us to believe it is. We used the credit card on the trip because we didn't have the money and we went first class all the way and then it took us 3 months to pay for it. >> No, I think it's uh I like it. The person who feels helpless, who feels impotent, needs some kind of magic potion, something that will restore his feelings of power or even of omnipotence. And here is where the credit card or somebody says to you, "All you need to do is sign your name." The signature suddenly becomes magic and at that moment when you're signing that your name on that thing, you're filled with this feeling of magical omnipotence and that too is great stuff. Hi, it's me. I think credit cards, they've got a place. Like if I like I've got a well, I've applied for a MasterCard and I'm waiting for my card now, but I work at a bank. So, in there you you have to sell credit cards. That's part of your job. So, you learn to you know, you have to. If you have to sell it, you've got to believe in it. The bank credit card provides the consumer with the equivalent of a charge account at each of many thousands of merchants throughout the area where he lives. This means that if a particular bargain is available to him at one merchant and that merchant accepts the card and most merchants do today, the consumer can go there and take advantage of the bargain. If he decides that he is going to use the card only as a convenience. By this I mean that he is going to charge during the month and then pay the entire balance at the end of the month. There is no cost to the consumer for this service. The the credit card um uh growth in this country, I believe, increases consumer prices. For example, suppose you have two consumers. One walks into a restaurant and uh pays for his meal uh with a credit card. And the other walks into the restaurant, pays for his meal uh in cash. Now, in the credit card, the restaurant certainly is um going to pass on uh the discount uh to the consumer. Uh the uh the credit card company is going to take its 5 or 7% and the restaurant is going to pass that on by increased prices to the consumer. So, prices are increased not only to the credit card customer, but also to the cash customer uh who, in a way, is discriminated against because he didn't cause any uh increase in the restaurant owner's uh prices, similar to that caused by the uh credit card customer. There's an effect on the economy that is very difficult and perhaps impossible to judge, but to the extent that the use of credit cards increases the volume of business, it's almost certain that it results in some economies of scale and some reduced prices to the consumer. My husband said, "You know, you would have the money to buy the things you need if you did not charge as much on a credit card. If you get them paid off, then you'll have the money to go buy it." And it's great if you can just keep your fingers off the credit card. And obviously, it would be possible to present the card to many different merchants in a week or a month and make many, many purchases, the aggregate amount of which would exceed the amount of the credit limit and perhaps exceed the individual's ability to repay. If I had to write out a check or I had to pay cash for something, I would think twice before I would rip that checkbook out of my purse. But if I can just rip out a credit card and say, "Oh, well, I can pay half of it this month and half next month." I'm not, you know, it's it's completely different. I'll get it. Where before I probably would not get it. I'd probably wait a month or you know, just not bother with it or wait till I could afford it. This way I don't wait. I just take it and then I suffer the consequences when he comes home. Uh again, it's just like the extension of any credit. Uh if you can pay as you use uh or if you can uh pur- purchase and obtain a product now and pay for it later, you're more likely to purchase more products. The horrible part of it is, I think, is that I know when I'm charging that I I shouldn't be. I know that I shouldn't be using the credit cards as much as I do. And I know that. I'm fully aware of it. But it's just something that you get caught up into. I would say it's a little bit like giving yourself uh a shot of speed. You know, for a little while it makes you feel good. It fills that need. But then there is the inevitable come down when you're faced with the reality. The reality in the case of the credit cards is that you have to start paying up. And you see the gap between the fantasy and the reality. >> And then come the end of the month when all of it starts coming back in. It's uh it's too easy. And I think there's also a bit of the same element of addiction. That the person who becomes habituated to using drugs has to raise the dosage all the time. And the same thing happens with with this. The few credit cards don't uh do the job anymore. So some new user will come along with a super duper credit card that will again make you feel a little better for a period of time. And um I used them. And right now I have uh used them to about the limit that I can because um I just don't have that much self-control. Do you think it's kind of makes you buy more than you need to buy? Yeah. Yeah. >> [laughter] >> No, I don't. If I want something, I want it. You know, I want it now. And I don't like to wait. And people don't know how to use credit. See, they're not educated. They're not mature. They're not mature enough. >> You know, I would rather get it now, do what I want to do with it, and then pay for it at my leisure when I can. They're like children. And you see, they they have access to do something, so they do it here and they do it there and they do it here and do it there, and pretty soon they've got $75 coming in and $100 going out. And somebody has to wait. You know, sometimes you want something and you can't always have it right then. And to me, I have used credit so much that I think it would be like slapping my hands or something. >> Finally, then they pay him and then they pay him. They don't pay him, and then that's when they pay him, and they don't pay him. And finally, you're 2 months behind here, 1 month behind here, 1 month behind here, and everybody's going like You didn't have it, and they said, "Okay, you know, let's go to the collection agency. Let's go to court." Well, what's the court going to do to you? If you don't have it, you can't pay it until you do. Then they go to the finance company and they want to make a personal loan to consolidate consolidate and they consolidate [clears throat] their their loans, and they've got one small monthly payment of $23.99, and they go out and do it again. And they've still got that $23.99 payment, but they've got 35 here and 20 here and 47 here and all that, and they've got no money coming in. So, finally, they go bankrupt or they get sued and then they get their wages attached and and that kind of stuff, and they get everything repossessed. Then they wind up going bankrupt, and then they're they're dead. They don't think. Uh I prefer to say it more as a psychoanalyst that he develops certain unconscious patterns of behavior which limit his ability to think clearly for himself and to feel like a free, independent human being. I've known people that have had 2-year contracts that have run 17 years, and they're still trying to drive the same car. That's the truth. And then when they do go to sell a sell it or trade it in, they've got a $1,900 balance on a on a 47-year-old car or something. Cuz they've converted it from a conditional sales contract into a loan. Then they've refinanced the loan. And then they may buy something And they sell them something else. >> And add it on and they still All the time whenever they add something on, if you buy a couch and you add keep adding these to your bill, that couch is never paid for till you've got a zero balance. >> Never. Never. Even though you've paid even though the couch cost $300 and you paid $1,200, while you keep adding things to that contract, you've never paid for that couch. And they can always repossess it. They can always They can get everything. >> Until you've got a zero balance. Everything until you've got a zero balance. So, if you get you can get a car, a living room, television, bedroom, icebox, stove, everything. And if you don't pay for you can have paid for these things and still owe on the color television, they can come in and get everything. The whole house is empty. We've done that on the claim deliveries on what they call a C&D before it was illegal. We used to go in and and for repossessing stuff and repossess a house full of furniture, take pots and pans and everything else just to be spiteful. Just to put in the little little little digs. >> [laughter] >> We got you, you didn't get us. Do you like people, you guys? Yeah, love people. >> love people. We love people. We're happy, always have a good time, love having a good time, like people. But we like we don't like skips. Well, typically a consumer gets overextended for two reasons. One, indiscretion on the part of the consumer, wanting to purchase so many goods and services um beyond his or her means. And and second, not knowing really uh how to resist a fast sell. Uh there are many finance companies in this country and other extenders of credit and that basically um exploit uh the weakness or the indiscretion of consumers and pull them deeper and deeper into debt. First by advertising come ons, but second by not really disclosing the full price that the consumer has to pay. You've got the idea that it's this this particular item is only going to cost you $8.16 per week or per month. What is $8.16 per week? >> For 149 weeks. >> [laughter] >> And don't miss a week cuz it's gone. Don't miss a day. Well, there are just many illegal or fraudulent practices that have flourished as a result of the credit economy. The huge growth of door-to-door selling for instance is heavily dependent on taking advantage of of the credit economy. And I think there've just been inordinate types of frauds in such activities as aluminum siding sales, referral schemes, pyramiding schemes, magazine subscriptions, encyclopedia sales, the food freezer sales where the the consumer has to pay for a freezer plus so much meat over given period of time. These are enormously fraudulent what might be called hardcore types of fraudulent experiences that have been documented across the country by the Federal Trade Commission by other government agencies. Watch out for the place that says we carry our own contracts. You know, they're the places that do it to you cuz they're the ones that put on their own interest and their own finance charges and their own late charges. The reputable store, you buy something and you have to finance it, they put it through the bank. That's the reputable store. The the store that says the the place that advertises we carry our own contracts, no credit needed." They're the ones to watch out for cuz they're the ones that'll put the screws to you if they can. They really will. Don't you agree with me? Yeah. "We carry our own contracts." Boy, that'll do it to you every time if you're in bankrupt, if you're new in town. >> Yeah. That type of thing. >> They're the ones that sell money with the flashing lights. "Buy here." They sell money. They sell credit. They're the ones. Well, the first rule of thumb is is just to focus common sense on what the consumer is getting in in return for what he's paying. And uh uh and that means you've got to look at the product, the quality of the product, the the interest payments, uh how many months weeks the payments are spread over, uh and the kind of of store or the kind of creditor that you're doing business with. You can determine whether it's a fly-by-night, whether it's an established operation, or if it is an established operation whether they're they're playing it straight and they're disclosing disclosing facts and they're willing to answer your questions without getting irritated or without trying to treat you like a child. If a person would take time to sit down and add up the finance charges on a contract on one contract, each the monthly bill say in a revolving charge account, they'd be astonished. They wouldn't believe it. They wouldn't believe the amount on a you can owe $600 and pay $200 in finance charges. But people are scared. I think that they don't want to do that because then they'll think that they've been taken. So, they just kid themselves and they don't they don't care. They don't want to know the truth. You know, they don't want to know what's really happening. >> They bury their heads. They do. Well, credit can give you more freedom for example in the sense that a struggling young couple who needs some money now to provide certain things for their young children. If they can get what they need when they need it without usurious rates, I think it can help them really live better here and now and can give them more freedom of movement. But the way it is practiced in the large majority of cases, I think it enslaves you. It makes you like the peon in Mexico or the sharecropper in the South or the miner in a company-owned town who runs up enormous debts so that he's never free to leave the land or to leave his job. He's in effect a serf. Now, clearly there are great benefits to the credit economy. But when an individual or a family is locked in for 2 3 years, uh there's a certain um uh kind of of economic dependency uh on the creditors that uh flows over into uh broader uh restraints that um that uh impinge on people's ability to do what they want. Uh it makes it even more dangerous, let us say, to be a dissident. It makes it more dangerous to be critical of the institutions of our society because you have so much to lose. And in this way, I think it really cuts down not only on your freedom of movement, but even on your freedom to think clearly and independently, which is a very essential requirement for a citizen in a democratic society. >> [music] [music] >> Oh, boy. Yeah, so when I was in high school, um, the Reagan administration, or I'm not sure who did it, but basically the, um, states have the ability to limit the amount of interest that could be charged by a bank. But, uh, someone in the Reagan administration raised that, like, erased that and said, like, "No, it can be set at a federal level." And so, I was on campus, hundreds of offers for credit cards started appearing. It was insane. Like, everywhere you turned, somebody was like, giving away free frisbees, or giving away free t-shirts, or whatever, um, to get you to sign up for credit cards. It was in the in the, um, the rates were outrageous. Uh, I think it jumped from like 12% to like 25%. Um, and I didn't take advantage of it until like later in school, but, yeah. Uh, having, uh, credit was not the best thing. It was not good. Okay. Um, one last film. Probably going to run over, but, uh, this is this, uh, cartoon explains why we need each other. Why we need each other. Enjoy. >> [music] [bell] [music] [bell] [music] [music] >> Early one morning in a wooded valley, after weeks of cold, dreary rain, the sun broke through, lighting up the [music] dewdrops like sparkling diamonds. As the warm yellow rays spread, eyes and ears appeared among [music] the leaves and thickets and high tree crowns. A huge rainbow arched triumphantly across the sky. How rich and beautiful was life in the valley. The animals decided [music] then and there that they should celebrate the splendor of this golden day. Perhaps they would have a picnic. Yes, a picnic, that is just the thing. Word spread quickly through the forest. All morning long the woods rang with joyous shouts as the animals scurried to and fro gathering delicious food for the picnic. Some even bumped heads in their eager excitement. First to arrive at the picnic ground were Mr. and Mrs. Deer and their daughter, Doe. Old Mr. and Mrs. Bobcat and their two grown sons. Two raccoons who were unrelated and two young fox with lovely brown eyes. They had all brought [music] good things to eat and as they spread them out, they talked. Oh, this is going to be a fine picnic. Said Mrs. Deer as she set out her home-baked bread. Oh, yes. Said Mrs. Bobcat. I can think of no better way to celebrate our good life here in the valley. And with that she uncovered a huge crock of steaming baked beans and barbecue sauce. Then one of the raccoons, setting out a tray of cold potato salad, said, I hope you don't mind my staring, Mrs. Bobcat, but I never before noticed your beautiful long whiskers. I only wish I had lovely, dainty feet like Mrs. Deer. Oh, I'd give anything to have a lovely ringed tail like that of our raccoon friend. The conversation was interrupted by the arrival of a family of three playful beavers. Hello. >> Hello. Hello. Hey, what what what happened to your tails? They're flat as shovels. >> [laughter] >> I hope all the food in your midst that there will be none for us. Why don't you go have your own picnic? The beavers, their eyes smarting, turned and toddled away, crying as they went to hide their flat tails. Next came two bears. Uh uh did you ever see anything so big and clumsy in all your life? Hey, you'll stumble into the baked beans. I'm sorry, we don't want you here. We didn't want to come to your old picnic anyway. Their words were proud, but their hearts ached as they went away. After that, two cows showed up. But no sooner had they arrived than the picnickers began to make fun of them. >> [laughter] >> They told them they had feet like pot lids. They did not stop laughing until the cows left. When the pigs showed up, they said they were full of mud. The elephant had a nose longer than his leg. >> [laughter] >> Goats butted things with their heads. Only a fool would do that. >> [laughter] >> The crow had no arms, only ridiculous wings. >> [laughter] >> After sending the other animals away, the picnicers continued their merrymaking. They were more boisterous than ever. Suddenly, they heard a noise. A low rumbling noise. The merrymaking ceased. What could it be? They listened. Their eyes growing wide with fright. It was coming from the other end of the valley. Someone must go up in a tall tree to see. Oh, dear me. Neither I, my husband, nor my daughter do could ever climb a tree. Hey, we can't either. Neither can we in the state we're in. Mr. Bobcat looked up at the tree and said, >> [clears throat] >> "I can climb trees, but I don't know if I can get high enough to see." But, he leaped up and began climbing [music] higher and higher. Can Can you see what's causing that frightening rumble? No, I'm not high enough yet. Up and up he went [music] until he was among the very thin branches at the top of the tree. I still can't see. Fortunately, he landed in a soft juniper bush and was not injured. The rumbling grew louder. The animals huddled together trembling. What are we going to do? I don't know. Just then, the crow popped out of the bushes. I uh couldn't help overhearing your problem. Perhaps these ridiculous wings of mine can uh be of service. The crow took off and soared gracefully into the heavens. Hey, look how beautifully he rides the wind. And so high. The others, too, marveled. The crow returned with the news that the rain of the last few weeks [music] had overflowed the river bank and a flood of water was rushing down the valley in their direction. Run, run, run, run, run for your lives, cried the two fox, and they dashed off with the other animals far behind. Wait, wait, don't run away. The water is still a long way off. Why should we wait? Listen, if you let the flood come, it will wash away the fertile soil of the valley where your food comes from. And you will all starve. You know he's right. What What What can we do? Perhaps we can build a dam. Do we have time? All the animals turned to the crow for a reply. The crow shot up into the sky like a rocket. >> [music] >> In a few seconds, he came down again. You can do it if you work fast. The animals dashed back to the picnic grounds, which was the narrowest part of the valley, and set to work. The bobcat scratched frantically at the soil, but only raised a small mound of earth. If we only had a shovel. At that, the beavers appeared. Uh we can use our tails. That's what they're for, see? The beavers quickly set to work shoveling dirt into the dam site. The other animals marveled. The raccoons were struggling with small stones. If only we were strong enough to lift big rocks. You mean like this? Animals marveled at the bear's strength. What happened? What happened? That was weird. I don't know exactly what happened there. Um Let's see how And then it just ends. Huh, okay. That's weird. Um >> [laughter] >> So, uh yeah, the film might have been um cut short. But uh I will try to hunt down the full version and we will find out. Not today, but we will find out this week what happened. Um but boy, that narrator sounded like Leslie Nielsen to me. I I don't think it is, but I don't know. You know, he was uh before um Airplane, he was kind of picking up whatever gigs he could get. And I think after Airplane, he was picking up whatever gigs he could gigs he could get. Um but uh >> [clears throat] >> excuse me. Thanks for watching today. Kevin, thank you for using your points uh to donate via the super thanks button. That's a great way to support us. You can also support us with a thumbs-up, with the like button. Um go to patreon.com, Venmo, buys coffee at ko-fi.com. Those are great ways to support us. And yeah, today's President's Day, but I've so I've shown so many films from our collection about presidents, uh I decided not to. Not today. All right, I'm going to go buy a mattress. Every