tree. could i clean up. however, that s against the law and so, i can t make money that way, so i have to walk in the building and talk and carry on. at what point has the government failed to do its job in establishing marketplaceç rule for investment, for the treatment of investment, for the tax code around investment and for banking, in general, such that it s become the equivalent of taking a gun to the christmas tree looking for money? dylan, ever since 1913 and 1914, goldman has had a seat at the table. goldman sachs partner, henry goldman, one of the sons of the founder of the firm, a seat at the table when they were figuring out how to devise up the federal reserve banking system. so for 100 years, goldman has had that seat at the table, through sydney weinberg and gus levy and hank paulson and bob ruben, goldman has had that seat. as long as you have that seat and you are front and center in influencing the way regulations are written, the way securities laws are written,
and i think one of the things that outrage a lot of people that have seen the film is the fact that we found a retired shell scientist living in london who was asked by shell to put together the data going back to the 30s on the kind of fuel economy they were able to achieve. and they were getting 150 miles per gallon on a studebaker and then in the early 7, over 300 miles per gallon on a fiat and they asked him to stop doing it because they thought it would be bad pr, because it was at the height of the middle east oil crisis. it s crazy. why are you smirking, jeremy? well, scott and i really didn t know anything about this topic whenç we started. and we heard story after story after story about different ideas, different technological ideas that could help solve our problem. in california, when we were filming the filming this documentary, biodiesel was starting to take off. now, we interviewed a number of different companies that were startup companies, they were
there but it s amazing how hard they work in general. now, look, that s stereotype as well but it turns out, actually, it s backed up by the facts. they actually did a study, it s called the society at a glance study and it is from the organization for economic cooperation and development of 29 of the top countries in the world and it turns out that what mexicans work the hardest. they are number one in the world they work ten hours day in paid and unpaid labor. japan number two, portugal, number three and the belgians are just coasting, okay? they are the very last, only working seven hours a day. you take out unpaid labor, house work, et cetera, et cetera, then the japanese one, south koreans number two but mexicans still in the top three. mexico in the top three in that category as well. but the other thing i was well, i wasn t surprised by the mexican numbers at all, right? apparently some are though, but i was surprised by the belgian numbers. wow. they only work that much? it t
so, it was under a republican administration and it was under a democratic administration. so, how do they influence the politicians so much to be able to get all that money from us? cenk, one of the things i discovered an shocking to me, how very little money it takes for goldman sachss to influence congress and, you know, frankly presidential candidates. goldman sachs has always been continuously one of the leading financiers of congressional campaigns and presidential campaigns that end do it on both sides political aisle. they are bipartisan. and guess what it? works to their benefit. when you have i mean, when you have the republican administration, the bush administration, the obama administration so dedicated to re-establishing the status quo after this crisis as quickly as they possibly could, it s no surprise that you ve got people like larry summers and tim geithner who are part of the architecture and ben bernanke you part of the a sec sure of the bailout carried of near
creating jobs, and since we finished filming the documentary, the california water resources board has outlawed, has put a stop to the sale and the storage of biodiesel in california. now, that s these are these are this is a great idea. it s a fuel that can be used in current diesel engines without any kind of any kind of alterations, just right off the shelf had. and i and it s a technology, locally produced fuel and it s already been stopped. so, we are talking about investing in alternative energy, we are talking about yeah, i know. investing the future this is an glad you could we actually talked to a big shipping company, one of the biggest shipping companies in california and they were doing a secret test to run it in their diesel trucks. so the ideas have existed for 100 years to improve our fuel economy, to move to alternative fuels, but we are not using any