The money goes to the IMF, World Bank, and other general entities identified in the video. What most people don't know, and the video doesn't say, is that the nature of bribery as presented is a misnomer. African leaders are either threatened into taking the money or, through a scheme of legal jargon and agreements, are coerced into taking loans and repaying them with natural resources. This is why third world nations are in the shape they're in.
Thanks for sharing this video. A lot needs to change, from individual realizations to larger structural changes so that individuals have more options through which they can follow their ideals.
Thanks for posting this important video. Am really concerned about all the corruption in our world & the poverty that still reigns in so many African countries ! If we want to create a peacefull world ,it has to start from here. So open up the books big oil & gas companies & governmments and give us (the people ) all of the information !
Will Rogers said it, "We have the best government money can buy." Freedom shouldn't be the freedom of corporations to control the outcomes of elections by dumping huge amounts of money into them. That kind of "freedom of speech" means the end of democracy, But, then, the *last* thing the rich and powerful want is true democracy. Wake up, people.
This is probably the only video from the competition which kept me watching with interest from begining to end. It is visually beautiful, very professionally done and it addresses a very real issue, which I feel has been overlooked by the general public. I feel that the best way to help poor nations is to give them a chance to develop their economics by exposing the money made by oil manufacturers in these countries.
@nellie2581 this is not about the price of oil - it is about the people who are being exploited by the oil-industry and paid virtually NOTHING, while the oil-manufacturers are getting richer. The aim of this organization is to uncover the amount of money made by oil-producers and thus give a chance to poor communities to ask for a fair share of the profits to go to community needs like education, health care and jobs.
@nellie2581 Short-sighted, Nellie. Do you really think it doesn't affect you that millions of people live in poverty? Do you really think it doesn't affect our whole culture that the most important thing is profit, instead of people taking care of people? You display the basic reason that children aren't allowed to vote, drink, drive a car, etc. Too much damage can be done by people who only think of their own needs.
@McGauth92552 Of course the problem of high gas prices affects everyone, but I saying for now I don't have to worry about hte gas bills because I'm not driving, but we do have to be concerned about where the money goes as well as our tax money in that sense.... I think of everyone. Thank you
@nellie2581 Short-sighted, Nellie. Do you really think it doesn't affect you that millions of people live in poverty? Do you really think it doesn't affect our whole culture that the most important thing is profit, instead of people taking care of people? You display the basic reason that children aren't allowed to vote, drink, drive a car, etc. Too much damage can be done by people who only think of their own needs.
This video is simply trying to raise support and awareness to the wide spread corruption in certain oil producing nations. What many of you don't get is that the point of this video is to give the people of the countries under corrupt leadership to pay out the money they receive under the table in the form of government expenditures. Investing in the schooling of people is a perfect example.
There are good points from both sides on this issue, but what the OxFam video is trying to bring to light is that by making the books of large oil companies public, they will no longer be able to pay bribery fees to governments of third world countries. The citizens of this country would not allow it. In addition, corporate profits are not necessarily a good thing. There is such a thing as corporate social responsibility. Oil companies are raking in record profits as the economy is in ruins.
If multinationals paid proper royalties to governments and their populations, the latter would funnel the money into development of their manufacturing industries, which would lead to a growth in their internal demand for oil, and thus would increase the likelihood that multinationals will either have to pay higher royalties or that the oil companies will be nationalized. This oxfam campaign is naive to say the least. The only real solution is emancipation through the barrel of a gun.
The corruption is nothing compared to the corporate profits. And without the corruption our multinationals wouldn't pay the meagre royalties they pay now. So corruption is a necessary loss to make sure that profit levels can be sustained by paying tiny royalties to third-world nations for their oil resources and selling expensive gasoline through the help of cartels in the first-world.
Except that profits are not a bad thing. cooperate profits = profits for teachers pensions, retirement investments for old people.
But what ever..Aside from Marxist atrocities in Africa..Lets tack on the trillions in savings that the poor had wiped out by inflationary monetary practices put in place by you socialist. Trillions made to vanish into thin air...
Corporate profits are gouging average consumers, when there are so many people whose natural resources are being stolen. Even so, for the damage oil and gas do to the environment, gasoline should be about $20 a gallon. We've also reached peak oil so it will be getting a lot more expensive very soon.
1) Uhm no, trickle down economists ignore the giant sponge called the upper class. The benefits are negligible and downright negative compared to other models such as social democracy (market socialism) and socialism.
2) The inflation was caused by extreme sanctions on Zimbabwe after Mugabe started expropriating the white upper class and redistribute land among poor blacks. The government was forced to print money to keep the country from slipping into anarchy.
1) Trickle down, doesn't work when you have governments forcing the allocation of capital to where the market wants. Lets think of a recent development. Capital directed to housing can't be used by people to create wealth and jobs, thus making more people less well of. When you desire was to just give more people homes and wealth through increased equity.
No it was government planning that wrecked the economy. No one forces the printing press to run.. everyone knows the outcome.
Where does the money go? My playlists sum it up quite nicely. Just have a look.
I've gathered quite a number of informational videos from all kinds of different sources. If you want to compare different conspiracy theories or see some debunking theories you could probably find something of value on my page.
Some of you probably won't like the first source in the first playlist but I suggest you break through your conditioning (emotions) and just hear everyone out.
bottled water more than gas? where r u buying water from a 1l bottle is like $1.50 max but if u buy the gallons its only a buck mostplaces gas is over $2 and here in ny getting close to $3 and californa is just as bad or worse what do u buy sparkleing water then yes its more than gas
gee the, oil pipe line network should get a cut, what is wrong with that? everyone else is just free loading,. so what does the last person who only gets a dollar, whats is their issue, they want to free load too? Oh its not fiar cuase they don;t get a cut for doing nothing? I say give it all to the oil companies if they do the work, none to uncle sam, or governments, they have no right to it!
The last person who only gets a dollar are the people who own the land that the oil comes from. They sell the oil for fairly cheap, but by the time the consumer fills their car up with it, it's fairly expensive. The people that are trying to make a decent living are having trouble supporting their children, and providing food and water to keep their children happy by selling the oil that they own for cheap aren't getting anything back from all the people using their oil, the "free loaders".
If it wasn't oil, it would be the next thing which would be far worse, because with larger volumes of money, what gets through the imoral net of theft would certainly be larger than it would otherwise.
The campaign does not seek to end the purchase of oil from developing countries, on the contrary it seeks to make sure that the revenues that host countries earn are used to promote long terms sustainable development. Changing industry standards to make revenue disclosure mandatory and to make contracts between corporations and host governements public is a good step toward ensuring that citizens of these countries also benefit from the profits.
many thanks
sofianereg 1 month ago
It's going to Saudi Arabia yay we suck
norahalkadi 1 month ago
Thumbs up! Good video but not just Africa!
stanchung69 2 months ago
The money goes to the IMF, World Bank, and other general entities identified in the video. What most people don't know, and the video doesn't say, is that the nature of bribery as presented is a misnomer. African leaders are either threatened into taking the money or, through a scheme of legal jargon and agreements, are coerced into taking loans and repaying them with natural resources. This is why third world nations are in the shape they're in.
glzidane 2 months ago
You should provide a link within the video so it's easier to access the website
Abundnce10 11 months ago
the two people who voted -1 are BP CEO's ???
FunKitYourSelf 1 year ago
Thanks for sharing this video. A lot needs to change, from individual realizations to larger structural changes so that individuals have more options through which they can follow their ideals.
CommunityEnergyProj 1 year ago
Thanks for posting this important video. Am really concerned about all the corruption in our world & the poverty that still reigns in so many African countries ! If we want to create a peacefull world ,it has to start from here. So open up the books big oil & gas companies & governmments and give us (the people ) all of the information !
Annewest48 1 year ago 7
great video!!!
MrMoneyBob 1 year ago
Thanks and keep up the good work.
cdffgg2 1 year ago
interesting video!
pythagoras256 1 year ago
Will Rogers said it, "We have the best government money can buy." Freedom shouldn't be the freedom of corporations to control the outcomes of elections by dumping huge amounts of money into them. That kind of "freedom of speech" means the end of democracy, But, then, the *last* thing the rich and powerful want is true democracy. Wake up, people.
McGauth92552 1 year ago
This is probably the only video from the competition which kept me watching with interest from begining to end. It is visually beautiful, very professionally done and it addresses a very real issue, which I feel has been overlooked by the general public. I feel that the best way to help poor nations is to give them a chance to develop their economics by exposing the money made by oil manufacturers in these countries.
alqpetrova 1 year ago
I don't drive or fill up gas so I don't have to worry about it. My mom has to worry about it.
nellie2581 2 years ago
@nellie2581 this is not about the price of oil - it is about the people who are being exploited by the oil-industry and paid virtually NOTHING, while the oil-manufacturers are getting richer. The aim of this organization is to uncover the amount of money made by oil-producers and thus give a chance to poor communities to ask for a fair share of the profits to go to community needs like education, health care and jobs.
alqpetrova 1 year ago
@nellie2581 Short-sighted, Nellie. Do you really think it doesn't affect you that millions of people live in poverty? Do you really think it doesn't affect our whole culture that the most important thing is profit, instead of people taking care of people? You display the basic reason that children aren't allowed to vote, drink, drive a car, etc. Too much damage can be done by people who only think of their own needs.
McGauth92552 1 year ago
@McGauth92552 Of course the problem of high gas prices affects everyone, but I saying for now I don't have to worry about hte gas bills because I'm not driving, but we do have to be concerned about where the money goes as well as our tax money in that sense.... I think of everyone. Thank you
nellie2581 1 year ago
This has been flagged as spam show
@nellie2581 Short-sighted, Nellie. Do you really think it doesn't affect you that millions of people live in poverty? Do you really think it doesn't affect our whole culture that the most important thing is profit, instead of people taking care of people? You display the basic reason that children aren't allowed to vote, drink, drive a car, etc. Too much damage can be done by people who only think of their own needs.
McGauth92552 1 year ago
Any idea what the name of the song is in this and who is singing it??
faolchughealai77 2 years ago
THANK´S FOR THIS VIDEO!
dk2000wk 2 years ago 3
This video is simply trying to raise support and awareness to the wide spread corruption in certain oil producing nations. What many of you don't get is that the point of this video is to give the people of the countries under corrupt leadership to pay out the money they receive under the table in the form of government expenditures. Investing in the schooling of people is a perfect example.
Fivre5 2 years ago
There are good points from both sides on this issue, but what the OxFam video is trying to bring to light is that by making the books of large oil companies public, they will no longer be able to pay bribery fees to governments of third world countries. The citizens of this country would not allow it. In addition, corporate profits are not necessarily a good thing. There is such a thing as corporate social responsibility. Oil companies are raking in record profits as the economy is in ruins.
Fivre5 2 years ago
If multinationals paid proper royalties to governments and their populations, the latter would funnel the money into development of their manufacturing industries, which would lead to a growth in their internal demand for oil, and thus would increase the likelihood that multinationals will either have to pay higher royalties or that the oil companies will be nationalized. This oxfam campaign is naive to say the least. The only real solution is emancipation through the barrel of a gun.
TheNomadicMonad 2 years ago
The corruption is nothing compared to the corporate profits. And without the corruption our multinationals wouldn't pay the meagre royalties they pay now. So corruption is a necessary loss to make sure that profit levels can be sustained by paying tiny royalties to third-world nations for their oil resources and selling expensive gasoline through the help of cartels in the first-world.
TheNomadicMonad 2 years ago
Except that profits are not a bad thing. cooperate profits = profits for teachers pensions, retirement investments for old people.
But what ever..Aside from Marxist atrocities in Africa..Lets tack on the trillions in savings that the poor had wiped out by inflationary monetary practices put in place by you socialist. Trillions made to vanish into thin air...
way to go...
EasyEs 2 years ago
Corporate profits are gouging average consumers, when there are so many people whose natural resources are being stolen. Even so, for the damage oil and gas do to the environment, gasoline should be about $20 a gallon. We've also reached peak oil so it will be getting a lot more expensive very soon.
shellius 2 years ago
1) Uhm no, trickle down economists ignore the giant sponge called the upper class. The benefits are negligible and downright negative compared to other models such as social democracy (market socialism) and socialism.
2) The inflation was caused by extreme sanctions on Zimbabwe after Mugabe started expropriating the white upper class and redistribute land among poor blacks. The government was forced to print money to keep the country from slipping into anarchy.
TheNomadicMonad 2 years ago
1) Trickle down, doesn't work when you have governments forcing the allocation of capital to where the market wants. Lets think of a recent development. Capital directed to housing can't be used by people to create wealth and jobs, thus making more people less well of. When you desire was to just give more people homes and wealth through increased equity.
No it was government planning that wrecked the economy. No one forces the printing press to run.. everyone knows the outcome.
EasyEs 2 years ago
yeah but guys come on... without all the corruption we couldnt drive our cars around.
MrHairymanback 2 years ago
How about the price of bottled water?! It's more than gas.
cameras4toys 2 years ago 2
@cameras4toys (and others)
Where does the money go? My playlists sum it up quite nicely. Just have a look.
I've gathered quite a number of informational videos from all kinds of different sources. If you want to compare different conspiracy theories or see some debunking theories you could probably find something of value on my page.
Some of you probably won't like the first source in the first playlist but I suggest you break through your conditioning (emotions) and just hear everyone out.
Uenbg 2 years ago
bottled water more than gas? where r u buying water from a 1l bottle is like $1.50 max but if u buy the gallons its only a buck mostplaces gas is over $2 and here in ny getting close to $3 and californa is just as bad or worse what do u buy sparkleing water then yes its more than gas
dmany13 2 years ago
gee the, oil pipe line network should get a cut, what is wrong with that? everyone else is just free loading,. so what does the last person who only gets a dollar, whats is their issue, they want to free load too? Oh its not fiar cuase they don;t get a cut for doing nothing? I say give it all to the oil companies if they do the work, none to uncle sam, or governments, they have no right to it!
livingharmony 2 years ago
The last person who only gets a dollar are the people who own the land that the oil comes from. They sell the oil for fairly cheap, but by the time the consumer fills their car up with it, it's fairly expensive. The people that are trying to make a decent living are having trouble supporting their children, and providing food and water to keep their children happy by selling the oil that they own for cheap aren't getting anything back from all the people using their oil, the "free loaders".
GoNoAMMo 2 years ago 2
If it wasn't oil, it would be the next thing which would be far worse, because with larger volumes of money, what gets through the imoral net of theft would certainly be larger than it would otherwise.
nopasa 2 years ago
You forgot a few things - taxation is where the largest single end-user cost of fuel goes, not the producer, refiner, carriers, etc.
As for "middle men", they largely run things called pipelines and ships.
If an end to corruption is the goal, how would not buying an underdeveloped nation's oil change that? Oil doesn't, by nature, cause corruption.
nopasa 2 years ago
The campaign does not seek to end the purchase of oil from developing countries, on the contrary it seeks to make sure that the revenues that host countries earn are used to promote long terms sustainable development. Changing industry standards to make revenue disclosure mandatory and to make contracts between corporations and host governements public is a good step toward ensuring that citizens of these countries also benefit from the profits.
sfhameed 2 years ago 2
Actually, you completely forget the trading system that runs prices up by trading "paper barrels".
JackOfAllTech 2 years ago